Governance and Funding
YST Governance and Funding
Overview
As an organisation which receives public funding through Sport England, we are required to comply with A Code for Sports Governance. The Code includes a set of mandatory requirements across five principles of good governance: structure, people, communication, standards and conduct, and policies and processes.
In July 2018, Youth Sport Trust received confirmation from Sport England that it is in compliance with the highest level of the Code – Tier 3.
However, achieving good governance is an ongoing commitment, reflected in the fact that, within our strategy, one of the tactics under the ‘Strengthening Foundations’ objective, is focussed on ‘Maintaining Good Governance’.
We have recently reviewed our charitable objects and our governing document has been updated accordingly – see Articles of Association – June 2019.
The terms of reference (TOR) for our Board of Trustees/Directors and its two sub-committees are also available to view on the right-hand side of this page along with our Annual Accounts and Financial Statements.
Please click on any of the adjacent links to open the full document.
How the Youth Sport Trust is funded
The Youth Sport Trust champions investment in Physical Education and youth sport and we campaign for them to have a prominent place within education and youth policy.
We work to improve the provision of PE and youth sport by using any funding we secure to:
- Train teachers, coaches and young people
- Provide opportunities for young people to enjoy high quality, inclusive sport and play
- Promote the value of PE, sport and play through campaigning and research.
We raise funds from a number of sources in order to deliver our mission: we bid to other charities, trusts and grant giving bodies, we apply to lottery distributors, we tender for government contracts and we work in partnership with businesses through sponsorships and corporate social responsibility projects. We are also lucky enough to benefit from a number of passionate fundraisers who every year take part in numerous challenges to raise funds to support our work.
Like many charities we also have a wholly owned trading subsidiary, Youth Sport Trust Enterprises (formerly known as Youth Sport Direct). Its purpose is to generate unrestricted income for the charity through commercial activity. At the end of each financial year 100% of the surplus generated by the trading company is gift aided to the charity to support its activities in the following year.
Our income in 2018/19
In total, the Youth Sport Trust secured funding of £10,911,000 to improve young people’s lives through sport and play in 2018/19. This was made up of:
Trusts and Foundations |
£792k |
Fundraising and Donations |
£70k |
Corporate partnerships and sponsorship |
£180k |
Membership income |
£756k |
Commissioned development work including from the FA and other National Governing Bodies |
£1,547k |
Commissioned research |
£50k |
Central government contracts |
£396k |
National Lottery funding through Sport England, including delivery of the School Games |
£6,076k |
Local government contracts |
£430k |
Home nations sports councils |
£403k |
Commercial events and activities |
£150k |
Misc including bank interest |
£61k |
In addition to this, our not-for-profit trading subsidiary Youth Sport Trust Enterprises donated its surplus from commercial trading activity which amounted to £69,491.
You can read our full accounts for 2017/18 here. Our 2018/19 accounts will be published soon.