Company Registration No. 28834191England and Wales)
Reglstered Charity No: 1030693
REGAIN - THE TRUST FOR SPORTS TETRAPLEGICS
(A COMPANY LIMITED BY GUARANTEEI
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
•AEWXXK*
121071202S
COMPANIES HOUSE
#52

REGAIN - THE TRUST FOR SPORTS TETRAPLEGICS
(A COMPANY LIMITED BY GUARANTEE)
CONTENTS
Patrons
Barry Davies MBE
8rough Scott MBE
Dr Fred Middleton
Mark Foster
Paul Sculthorpe MBE
Peter Norfolk OBE
Kylie Grimes MBE
Jonathan Co88an MBE
Trustees
Ivan Jones (Chairman)
Domlnic Coleman
Lord Ivar Mountbatten DL
Miles Dean
Paul Coleman
Rob Smith
51mon Klllick
Stephen Killlck
Charlty Dlrector
Calum Frampton
Charity number
1030693 (England and Walesl
Cornpany number
2883419
Reglstered offlce
l Howe Close
Shenlev
Radlett
Hertfordshire
WD7 9JF
Prin¢ipal offi¢e
l Howe Close
Shenley
ftadlett
Hertfordshire
WD7 9JF
Independent Examiner
Gilbert Holbourn FCA, FCCA, DChA
l Upper Bridge Street
Wye, Kent
TN25 SAF
Bankers
Lloyds Bank PIC
13-14 Cornmarket
Thame
OX9 2BN

REGAIN - THE TRUST FOR SPORTS TETRAPLEGICS
IA COMPANY LIMITED BY GUARANTEEI
CONTENTS
Page
Report of the Trustees
Independent examlnerfs report
Statement of financial activitie5
Balance sheet
Notes to the financial statements
10-16

REGAIN - THE TRUST FOR SPORTS TETRAPLEGICS
IA COMPANY LIMITED BY GUARANTEE)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
The Trustees present their Report together with the Financial Statements for the year ended 31
December 2024.
Organisatlon, Structure and Governance
Governlng document
The Trevor Jones Tetraplegic Trust was created as a charity in 1988 and was incorporated on 17
December 1993 when it was re8iStered with the Charity Commissioners for England and Wales as
Charlty No 1030693. In order to accurately reflect the work and scope of the Trust, the name was
changed to Regain The Trust for Sports Tetraplegics l Regain"} on 19 May 1995. Regain is the only
charitable organisatlon dedicated solely to improving the independence of all British men and women
who have become tetraplegic as a result of a competltive sports Injury.
Re8ain is a company Ilrnited by guarantee 8overned by its Memorandum and Articles of Assoclation.
The charity's liability is limited by the guarantee of its members. Each member has agreed to accept a
liabillty of an amount not exceeding £10 should the charity be wound up.
Appolntment of trustees
Trustees are selected to glve an approprlate range of skills and experlence, and are recrulted by
personal contact or by using Reach Iwww,Reachskills.org,ukl. New trustees are introduced to the
othertrustees at one of their quarterly meetings and ifconsidered 5Ultable appointed at that meetin8.
Trustee inductlon and training
Newly appointed trustees are inducted by exlsting trustees. The CEO sends to all new trustees the
latest 8overnance information produced by the Charity Commission which outlines their
responsibllitles and duties as a trustee,
Organlsatlon
The board of trustees (the "Trustees") admlnisters the charitable company. They meet quarterly to
make the operational decislons. The day-to-day running ofthe charitable company is delegated to the
Charity Director.
Trustees
The followln8 have held office since l January 2024:
Ivan Jones (Chairman)
Alexandra Hodges (resigned 25th March 2025)
Domlnic Coleman
Lord Ivar Mountbatten DL
Miles Dean
Paul Coleman
Rob Smith
Simon Killick {appointed 5th June 20251
Stephen Killick

REGAIN - THE TRUST FOR SPORTS TETRAPLEGICS
IA COMPANY LIMITED BY GUARANTEE)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
Objectives and actlvities
Mlsslon - To Improve the quality of life for indivlduals who have suffered a spinal Injury whllst taklng
part in a sport, leisure or recreational activity that resulted in that person becoming tetraplegic
Vision - Every sports injured tetraplegic is given an equal opportunity to live as full a life as possible
Alms
To help sports tetraplegics lead Independent and fulfllllng Ilves by fully or part fundin8
equipment and facilities that Improve mobility, communication, educational options and
employment opportunities
To raise funds through donations, events, sponsorship, legacies and gifts in kind
To develop and maintain relationships with tetrapleglcs and provide support to them and
thelr famllles and carers
To collaborate wlth other spinal injury charitles, and to develop partnerships that will have a
lasting beneflt for the charity and its beneflciaries
To increase the awareness of risks and educate the general public to try and reduce the
number of accidents resulting in tetraplegia
To ensure that the governance of Regain is working towards best practice
The strategies employed to achieve the charltable company's objectives are kept under review.
The main activitles of the charitable company are arranging fundraising events and writln8 to
charitable trusts and corporate donors In order to raise funds to support the many grant
applications.
Public benefit statement
The Trustees conflrm that they have complied wlth the duty In section 4 of the Charltles Act 2011 to
have due regard to the Charity Commission's general 8uidance on public benefit, 'Charities and Public
Benefit,.
Procedure and policy for grant making
The first action an applicant ta'kes is to complete an appllcation on the Regain website, which is then
submitted to a Grants Panel to review. The grants panel, made up of the Charlty Director, a trustee
and a previous grant benef iciary revlew all applications and inteNiew all applicants that meet the
required funding criteria. before making recommendations to the Board of Trustees. It is vital for
Regain to develop an excellent working relationship with its beneficiaries, and as the majority of
applicants are applying for the first time, this method of interviewing them either on Zoom or on the
telephone is an extremely good chance to establish thi5 relatlonship. It is during these ca115 that the
charitV'S Other work Is outlined to the appllcant, and they are encouraged to Joln in other areas of
the charity's work such as fundraising or tetra talk, although it is not a condition of a grant award.

REGAIN - THE TRUST FOR SPORTS TETRAPLEGICS
(A COMPANY LIMITED BY GUARANTEE)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
Fundraising
Regain is registered with the Fundra ising Regulator and complies with their code of practice.
Achievements and performance
The Charity Director, in collaboration with the trustees, agreed various deliverable actions for 2024
against each of the aims of the organisation, These actions and its progress are reported upon at the
quarterly trustees meetings.
Regain's main purpose as an organisation continues to be awarding grants to sports injured
tetraplegics. During 2024, Regain awarded grants worth £93,96312023., £47,729), Equipment funded
included rugby and power asslsted wheelchairs. Other grants covered works to insta l an accessible
kitchen, a surfboard for a beneflclary to compete in the World Parasurf Champlonships and to pay
another beneficiary to undertake marketlng for the charity,
Throughout 2024, Regain facllltated several dlfferent fundralsing inltlatlves to brlng In f unds
required for the charlty to give out as grants, Two events were organised, one being a cycle
challenge event at Thruxton Race Circuit, and the other a fundraising Gala Dinner,
We were deli8hted that more than 150 participants took part in the second cycling challenge event
at the Thruxton Race Circurt. Participants undertook a 10 , 20, 30 or 42 laps challenge, raising
sponsorship for each complete lap that they achieved. The event was attended by 5 scout troops,
who also took part in a disability awareness workshop facilitated by Regain patron, Kylie Grimes
MBE.
The Gala Dinner held at the Peninsula Hotel in London was a huge success. 310 guests attended the
event. Pledge a nd si lent auctions were held to raise funds, The dinner took place in the presence of
HRH The Ouchess of Edinburgh and was compered by Alexander Armstrong.
Once again, five runner5 took part in the London Marathon, raising a total of £5,179.
The Trustees reviewed the staff and structure during the year to address the reduction in income
over the past few years and decided that the Charity Director's role would switch to part time. The
new Charity Director was recruited with effect from July 2024.

REGAIN - THE TRUST FOR SPORTS TETRAPLEGICS
(A COMPANY LIMITED BY GUARANTEE)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
Achievements and perfomiance
Re8ain continued to provide a weekly tetra talk zoom meetln8. Beneficiaries supporting each other
with day-to-day issues such as benefit support, carer support and the chance to talk to someone else
in a similar position has proved popular amon8St those who participate.
Plans forthe future years
Planned events for 2025 Include the thlrd edltion of the Thruxton Cyclin8 Challenge, a London to
Parls bike ride and a further Gala Dinner building on the success of this year event.
Flnanclal revlew
Total unrestricted funds at 31 December 2024 are £269,304 {2023: £280,748).
Total Income recelved during the year was £249,015 compared with £83,173 In the previous year. Of
this, £11,285 in 2024 (2023: £7,186) has been received for speciflc projects and is restricted in use.
Event income of £231,74512023., £48,886) represented an improvement over the previous year.
Costs of faising funds amounted to £158,90612023'. £93,064) and expenditure on charitable activities
amounted to £119,308 12023: £74,780), inclusive of expenditure of £11,285 12023: £17,776) for
specif ic projects from restricted funds,
Durln8 the.year transfers between restrlcted and unrestricted funds were £nil12023'. £8691.
The deficit of resources on unrestricted funds was £11,444 {2023: deficlt £58,157), with the overall
net def icit of £11,44412023: deficit £69,616).
After deducting tangible asset5 and investments of £181,030 (2023: £226,941) there is a svrplvs of
£88,274 of free reseNes12023: £53,807). Cashflow will continue to be monitored carefully in 2025,
and the Trustees will liquidate investment funds as required, to ensure that adequate cash resources
are available to meet expenditure.
Investment and reserves policy
The Trustees have the power to invest any funds not required for immediate use on deposit or invest
as they see fit.
The Trustees, policy Is to maintain a level of reserves which will provide a stable base for the charitable
company's continuing activities while at the same time ensuring that reserves are not accumulated.

REGAIN - THE TRUST FOR SPORTS TETRAPLEGICS
(A COMPANY LIMITED BY GUARANTEE)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
Rlsk management
The Trustees keep under reviewthe riskareas to which they believe the Charity may be exposed under
the guidance of the CEO. Procedures for mltlgation, monltorln8 and control are in place.
A summary of the principle risks and uncertainties identified by the Trustees are as follows:
The Charity has exposure to liquidlty rlsk. The objective of the Charlty in managing Ilquidity risk is to
ensure that it can meet its financial liabilities as and when they fall due. There are no borrowings. The
amount of resources available to distribute as charitable grants Is reviewed by the Trustees on a
quarterly basis and is the key factor in considering applications. Other operating risks are mitigated by
insurance pollcies kept under review by the CEO.
Trustees. responsibllltles In relatlon to the flnanclal statements
The Trustees {who are also Directors of Regain for the purposes of company lawl are responsible for
preparing the Annual Report and the financial statements in accordance with applicable law and
United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial statements for each financial year which give
a true and fair view of the5tate of affairs of the charitable company and ofthe income andexpenditure
of the charitable company for that period.
In preparing these financial statements, the Trustees are required to
select suitable accountlng pollcles and then apply them conslstently.
observe the method and principles in the Charities 50RP;
make judgements and estimates that are reasonable and prudent;
state whether applicable accounting standards have been followed. subjert to any material
departures disclosed and explained in the financial statements;
prepare the financial statements on the going concern basis unless it is inappropriate to
presume that the Charrty will continue in business.
The Trustees are responsible for keeping proper accounting records that are sufficient to show and
explain the charitable company's transactions and disclose wlth reasonable accuracy at any time the
financial position of the charitable company and to enable them to ensure that the financial
statements comply with the Companies Art 2006. They are also responsible for safeguarding the
assets of the charitable company and hence for taking reasonable step5 for the prevention and
detection of fraud and other irregularities.

REGAIN - THE TRUST FOR SPORTS TETRAPLEGICS
IA COMPANY LIMITED BY GUARANTEE)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
Trustees, responsibilities in relation to the financial statements
The Trustees, Report has been prepared in accordance with the special provisions of Part 15 of the
Cornpanles Act 2006 relating to small companle5.
The Trustee5 meet quarterly and revlew management accounts, fundraislng forecasts and cash flow
analyses. The Trustees believe that the Charity is a going concern and for this reason, the goin8
concern basis for the preparatlon of the financial statements is considered valld.
Approved by the Trustees and signed on their behalf by
van
on
rman
Date: 9th July 2025

REGAIN - THE TRUST FOR SPORTS TETRAPLEGICS
(A COMPANY LIMITED BY GUARANTEE)
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF REGAIN - THE TRUST FOR SPORTS TETRAPLEGICS
I report on the accounts of the company for the year ended 31 December 2024, which are set out on pages
8tol6.
Respective responsibilities of trustees and examiner
The Trustees Iwho are also the directors of the company for the purposes of company lawl are responsible
for the preparation of the accounts. The Trustees consider that an audit is not required for this year under
section 144{21 of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. I
am qualified to undertake the examination by being a qualified member of The Institute of Chartered
Accountants in En8land and Wales.
Having satisfied myself that the Charity is not subject to audit under company law and is eligible for
independent examination, it is my responsibility to..
examine the accounts under section 145 of the 2011 Act;
to follow the procedures laid down in the general Directions given by the Charity Commission
under section 1451Sllbl of the 2011 Act; and
to state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the general Directions given by the Charity
Commission. An examination includes a review of the accuunting reeords kept by the Charity and
comparison of the accounts presented with those records. It also includes consideration of any unusual
items or disclosures in the accounts, and seeking explanations f rom you as trustees concerning any such
matters. The procedures undertaken do not provide all the evidence that would be required in an audit
and consequently no opinion is given as to whether the accounts present a 'true and fair view, and the
report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention..
111 which gives me reasonable cause to believe'that in any material respect the requirements..
to keep accountin8 records in accordance with section 386 of the Companies Art 2006; and
to prepare accounts which accord with the accounting records, comply with the accountin8
requirements of section 396 of the Companies Act 2006 and with the methods and principles of
Accounting and Reporting by Charities.. Statement of Recommended Practice ISORPI applicable to
charities preparing their accounts in accordance with the Financial Reporting Standard applicable
to the United Kingdom and Republic of Ireland IFRS 1021 have not been met: or
121 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the
accounts to be reached.
tsl
Gilbert Holbourn FCA, FCCA, DChA
l Upper Bridge Street, Wye, Kent TN25 SAF
th
Date.. 9 July 2025

REGAIN- THE TRUST FOR SPORTS TETRAPLEGICS
IA COMPAhlY LIMITED BY GUARANTEEI
STATEMENT OF FINANCIAL A￿1VITIEs IINCOME AND EXPENDITURE)
FOR THE YEAR ENDED 31 DECEMBER 2024
1024
UTrresiriued
Funds
2024
2024
Total
Funds
Z023
2023
Restrlrted
Funds
2023
Tèial
Funds
Not¢
Restiltted
Fund5
Unresirlrted
Fund5
Income and endowments from..
Voluntèry Income
Events
Investmenis
Other Income
Tot•1 Income •nd end04¥m*nts
10,879
220.460
fj.376
15
10,879
231,745
6,376
Ls
17,814
48,886
9,287
7,186
25,W)
48,886
9,287
11,285
237,730
11,285
249.015
75,987
7.186
83,173
Empendlture on..
Ra15ing fvnds
Charitèble attiviiles
rot•1 expendllur•
158,906
108,023
266,929
158,906
119,308
278,214
93.064
57,004
150,068
93,064
74,780
167,844
11,2B5
11,285
17.776
17,776
N¢t10Ut8olnillln¢omlnB re50yr¢es for ￿41
129,1991
129,1991
174,0811
110,5901
184,6711
Pealised gain on disposal ol investments
Unrealised 8ainl Ilossl on investments
Transfer between funds
N¢t Id¢f)¢itll$urplys fvnds for y4•r
15,308
2,447
15,308
2,447
18,557
13,50ZI
869
158,1571
18.557
13,5021
18691
111.4591
111,4441
111,4441
169,6161
Total hJnd$ brou8ht lorw•id at l Jan 2024
280,748
282,748
338,￿5
13,459
352,364
rotal lund$ carrled lorward It 31
De¢ember 2024
169,304
271,304
280.748
282,748
All reco8nlsed 8aln5 and losses ère Included In the statemeTrt of f￿nanCIal artivilles.
The note50n pa8es Loto 16 form pèrt ol thesefinancial $￿teMents.

REGAIN - THE TRUST FOR SPORTS TETRAPLEGICS
(A COMPANY LIMITED BY GUARANTEE)
BALANCE SHEET
AS AT 31 DECEMBER 2024
2024
2024
2023
2023
Notes
F5xed Assets
Tangible assets
Investments
181,030
226,941
181,030
226,941
Current a$5et$
Debtors
Cash at bank and in hand
19.766
133,760
153,526
3,630
64,687
68,317
Credltors: amounts fallln8 due
wlthin one year
163,252)
12,510
Net current assets
90,274
55,807
Net assets
271,304
282,748
ReseNes
Unrestricted funds
Restricted funds
269,304
2,000
280,748
2,000
Total funds of the Charlty
271,304
282,748
For the financial year ended 31 December 2024 the Company was entitled to exemption from audit under
sectlon 477 Companies Act 2006 relating to small companies,
The members have not requlred the Company to obtain an audit of its financial statements for the year
in question in accordance with section 476 of the Companies Act 2006.
The directors acknowledge thelr responsibilitles for complying with the requlrements of the Act with
respect to accounting records and the preparation of financial slatements.
These financial statements have been prepared in accordance with the provisions applicable to companies
subject to the smèll cornpanies. reBime.
The notes on pages 10 to 16 form part ofthese flnanclal Statements.
th
The financlal statements were approved by the Trustees on 9 ju￿ 2025 and signed on their behalf by
Ivan Jones
egi
ratlon No. 2883419

REGAIN - THE TRUST FOR SPORTS TETRAPLEGICS
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Accountlng policles
A summary of the principal accounting policies adopted, judgements and key sources of estimation
uncertainty in the preparation of the accounts are set out below.
Basis of preparation
The financial statements are prepared for the year ended 31 December 2024.
The financial statements have been prepared under the historical cost convention with items recognised at
cost or transaction value unless otherwise stated in the relevant accountin8 policies below or the notes to
these accounts.
The accounts have been prepared In accordance with Accounting and Reportin8 by Charities: Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the Financial
Reportlng Standard applicable in the United Kin8dom and Republic of Ireland IFRS 102) Icharitles SORP FRS
1021, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland {FRS 1021 and
the Charlties Act 2011.
The Charity constitutes a publlc benefit entity as defined by FRS 102.
The accounts are presented In sterling and are rounded to the nearest pound.
CrStlcal accountlng estlmates and 3reas of ludgement
Preparation of the accounts requires the trustees and management to make si8nificant judgements and
estirnates,
The items in the accounts where these judgements and estimates have been rnade include:
Estimating the useful economic life of tangible fixed assets
Allocation of support costs
Assessment ol 8olng concern
The Trustees have assessed whether the use of the going concern assumption is approprlate in preparing these
accounts. The Trustees have made this assessment in respect to a period ofone yearfrom the date ofapproval
of these accounts.
The Trustees of the Charity have concluded that there are no material uncertainties related to events or
conditions that may cast signif icant doubt on the ability of the Chaf Ity to continue as a going concern. The
Trustees are of the opinion that the Charity will have suff icient resources to meet its liabilities as they fall due.
The most significant areas of judgement that affect items in the accounts are detailed above.
Pensions
Employees of the Charity are entltled to join a defined contribution 'money purchase, scheme. The Trust's
contribution is disclosed in note 8. There were no outstandin8 contributions (employer and employee) at the
vear end 12023: £Nill. The costs of the deflned contributlon scheme are included within support and
governance costs in note 3. The Chariiy has no liability beyond maklng Its contributions and paying across the
deductions for the employee's contributions.
io

REGAIN - THE TRUST FOR SPORTS TETRAPLEGICS
IA COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 310ECEMBER 2024
Accounting policies (contlnued}
Income
All income is included in the Statement of Flnancial Activities when the Charlty is entitled to the income,
receipt is probable and the amount can be quantified with reasonable accuracy. The following specific policies
apply to categories of income:
Donations are recognised as income when receivable, except insofar as they are incapable of financial
measurement.
Investment income Is accounted for in the perlod In which the Charlty Is entitled to receipt.
Donated services and faclllties are included at the value to the Charlty where thls can be quantlfied. The
value of services provided by volunteers has not been included in these accounts.
Expendlture
Expenditure is recoEnised on an accruals basis as a liability is incurred.
All costs are allocated between the expenditure categories in the statement of f inancial activities based on
the use of the resource,
Grants payable are char8ed In the year when the offer Is conveyed to the reclplent.
Governance costs are included within charitable activities and reflect the costs of an independent examination
in order to meet the constitutional and statutory requirements of the Charity.
The costs of raising funds include relevant proportions of the salarles of those responsible for fundralsing and
the costs of items used solely for f undraising Ileaflets, etc.). The Charity exists in order to deliver a front-line
servlce and only fundraises to facilitate that activity,. other sUPPOrt costs have therefore been allocated to
charitable activlties.
Related party transa¢tlons
During the year, several trustees contributed to income by buyingtickets forthe Gala Dinner held in November
2024.
One trustee received £552 (2023: £5521 towards telephone costs.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciatlon. The costs of mlnor additions or those costing less
than £ 1,000 are not capitalised. Depreciation is provided at rates calculated to wrlte off the cost less estimated
residual value of each asset over Its expected useful life, as follows:
Computer Equipment
25% straight line
Debtors
Debtors are recognised at their settlement amount, le55 any provision for non-recoverability, Prepayments
are valued at the amount prepaid. They have been discounted to the present value of the future cash receipt
where such discountin8 is material.
i.io
Investments
The fixed asset investments are invested in UK investment trusts.
This investment 15 a form of financial instrument initially recognised at transaction value and subsequently
measured at fair value at the balance sheet date using the closing quoted market price.
Any gain/llossl on revaluation and disposal are recorded in the statement of financial activities.
li

REGAIN - THE TRUST FOR SPORTS TETRAPLEGICS
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 310ECEMBER 2024
Accountlng pollcies (continued)
1.11 Cash at bank and in hand
Cash at bank and in hand represents such amounts and instruments that are available on demand or have a
maturity of less than three months from the date of acquisition. Deposits for more than three months but less
than one year have been disclosed as short.term deposits. Cash placed on deposit for more than one year is
disclosed as a flxed asset investment.
1.12 Creditors and provislons
Creditors and provisions are recognised when there is an obligation at the balance sheet date as a result of a
past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount
of the settlement can be estlmated reliably. Creditor5 and provisions are recognised at the amount the Charity
anticipates it will pay to settle the debt. They have been discounted to the present value of the future cash
payment where such discounting is material.
1.13 Accumulated funds
Unrestricted funds are donations and other Income recelvable for the objects of the Charity without further
speciflc conditions and are available as general funds. Restricted funds which have been donated for a specific
purpose, are restricted in use to that project and not available as general funds.
1.14 Tamatlon
Regain is a registered charity and therefore is not liable to income tax or corporation tax on income derived
from its charitable activities, as it falls within the various exemptions avallable to reglstered charities.
Income and endowments
2024
2024
Unre5tri¢ted Restrirted
2024
Total
2023
2023
Unrestricted Restricted
2023
Total
Voluntary Income
10,879
10,879
17,814
7,186
25,000
Brought forward
Events income received
Events
1,086
47,800
48,886
1,086
47,800
48,886
220,460
220,460
11,285
11,285
231,745
231,745
Investment Income
Bank interest
Investment trust
Investment Income
15
6,376
6,391
15
6,376
6,391
li
9,276
9,287
li
9,276
9.287
Income and endowments
237,730
11.285
249.015
75,987
7,186
83,173
12

REGAIN - THE TRUST FOR SPORTS TETRAPLEGICS
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
3 Total expenditure
Dlrect
costs
support
costs
Total
2024
Total
2023
Raising funds
Charitable activities
125,239
93,963
219,202
33,667
25,345
59,012
158,906
119.308
278,214
93,064
74,780
167,844
Unrestrlcted
funds
Restrlcted
funds
Total
2024
Total
2023
Ralsing funds
Event COSt5
Support costs (see next pagel
125,239
33,667
125,239
33,667
56,613
36,452
158,906
158,906
93,064
Charitable actlvities
Granls made for the purchase of equipment:
Wheelchalrs
Hand bikes, computers and other
62,562
17,116
79,678
62,562
28,401
90,963
32,251
5,350
37,601
11,285
11,285
Costs of tetraple8ics and thelr carers
attending events
Other grants
10,128
3,000
3,000
82,678
16,834
99.512
11,285
93,963
16,834
110,797
47,729
18,226
65,955
Support costs (see next page)
11,285
Governance costs
Independent exarnination fee
Support costs Isee next page)
2,900
5,611
108,023
2,900
5,611
119,308
2,750
6,075
74,780
11,285
13

REGAIN - THE TRUST FOR SPORTS TETRAPLEGICS
{A COMPANY LIMITED 8Y GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Total expendlture Icontlnued)
2024
2023
Staff costs
Meeting and travel costs
Insurance
Rent and Rates
Depreciation
Other expenses
46,381
1,276
2,245
50,943
1,181
2,106
338
6,185
6,210
56,112
60,753
Allocated:
Costs of generating voluntary Income160%1
Charitable activities130%1
Governance costs Il0%}
33,667
16,834
5,611
36,452
18.226
6,075
60.753
56,112
Tan8ible fixed assets
Total
Cost
At l January 2024
Additions
Disposals
At 31 December 2024
26,391
{6,0501
20,341
Depreciatlon
At l January 2024
Charge for the year
Eliminated on Di5POsals
At 31 December 2024
26,391
16,0501
20,341
Net book value
At 31 December 2024
At 31 December 2023
14

REGAIN - THE TRUST FOR SPORTS TETRAPLEGICS
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Flxed Asset Investments
Movement In fixed asset investments
2024
2023
Market value at ljanuary 2024
Additions to investments at cost
Disposal Proceeds
Realised galn on disposal
Unrealised gain/lloss} on revaluation
226,893
5,133
{70,0001
15,308
2,447
332,887
9,246
1130,2951
18,557
13,5021
Market value as at 31 December 2024
179,781
226,893
Historical cost as at 31 December 2024
139,126
187,436
Investments at market value comprised:
2024
2023
UK Investment Trust- Sarasin Endowments Fund Class A Inc
Cash deposit
179,781
1,249
226,893
48
181.030
226,941
Debtors and prepayments
2024
2023
Prepayments and accrued income
19,766
19,766
3,630
3,630
Creditors", amounts lallSn8 due wlthln one year
2024
2023
Taxation and social security
Committed charitable expenditure
Accruals and other creditors
1,215
46,084
15.953
2,989
6,170
3,351
63,252
12,510
15

REGAIN - THE TRUST FOR SPORTS TETRAPLEGICS
(A COMPANY LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
8 Employees
Number of employees
The average monthly number of employees during the year was I12023- 11.
2024
2023
Staff costs
Wages and salaries
Social secu rity costs
Pension contribution (see note 1.41
45,408
645
328
46,381
50,000
943
50,943
No individual employee earned emoluments (excluding employer penslon costs) of more than £60,000 in
2024 or 2023.
Analysis of charitable funds
Net
resources
for year
2024
Gain/lLoss)
on
Funds
Blfwd
2024
Funds
Cl￿d
2024
Investments
2024
Transfer
2024
Unrestricted
Restricted
280,748
2,000
129,1991
17,755
269,304
2,000
271,304
282,748
129,1991
17,755
2023
2023
2023
2023
2023
Unrestricted
Restricted
338,905
13,459
352,364
174,0811
110.590
{84,6711
15,055
869
18691
280,748
2,000
282,748
15.055
Restricted income of £11,285 (2023: £7,186) was received in the year for the installation of an accessible
kitchen.
16