**Registered Charity No. 1033081 Company No. 2890964** ## **REPORT OF THE DIRECTORS AND** ## **FINANCIAL STATEMENTS** **YEAR ENDED 31 MARCH 2025** ## **FOR** ## **HARINGEY SPORTS DEVELOPMENT (A COMPANY LIMITED BY GUARANTEE)** **HARINGEY SPORTS DEVELOPMENT (A COMPANY LIMITED BY GUARANTEE)** ## **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025** ||**PAGE**| |---|---| |**INDEX**|1| |**Reference and administrative information**|2| |**Report of the Trustees**|3| |**Report of the independent examiner**|18| |**Statements of financial activities**|19| |**Balance sheet**|20| |**Notes to the financial statements**|21| 1 **HARINGEY SPORTS DEVELOPMENT (A COMPANY LIMITED BY GUARANTEE)** ## **Reference and administration information** |**Charity name**:|Haringey Sports Development| |---|---| |**Charity registration number**:|1033081| |**Company registration number**:|2890964| |**Registered office**:|495 Green Lanes| ||Palmers Green| ||London| ||N13 4BS| |**Operational address**:|White Hart Lane Community Sports Centre,| ||White Hart Lane,| ||London| ||N22 5QW.| |**Trustees and Management committee**:|J. R. Bruck (Chair)| ||D. Thomas (Vice Chair)| ||H. Rayfield| ||F. Jackson| ||B. Hayley| |**Senior Management team**:|Burk Gravis MBE (C.E.O.)| ||Karen Gravis (S.D.O. Admin)| ||Craig Gravis (S.D.O)| |**Independent examiner**:|Amy Loveng CIPFA, CIMA| ||London| ||N22 8LR| |**Bankers**:
|Nat West| ||P.O. Box 500| ||Baird Road| ||Enfield| ||Middlesex EN1 1EN| 2 **HARINGEY SPORTS DEVELOPMENT TRUST** **(A COMPANY LIMITED BY GUARANTEE)** ## **TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2025** The Trustees, who are also directors of the charitable company for the purposes of the Companies Act 2006, present their report with the financial statements for Haringey Sports Development (the Charity) for the year ended 31[st] March 2025. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1[st] January 2019). The Trustees have complied with the duty in section 4 of the Charities Act 2011 to have due regard to guidance published by the Charity Commission regarding Public Benefit. ## **Structure, Governance and Management** ## **Governing document** The organisation is a Charitable Company Limited by Guarantee, incorporated on 25th January 1994. The Company was established under a Memorandum of Association which established the objects and powers of the Charitable Company and its Governing under its Articles of Association. In the event of the Company being wound up Members are required to contribute an amount not exceeding Ten Pounds (£10). ## **Recruitment and Appointment of Management Committee** The Directors of the Company are also Charity Trustees for the purpose of Charity law and under Company’s articles are known as Members of the Management Committee. Under the requirements of the Memorandum and Articles of Association the Members of the Management Committee are elected to serve for a period of three years after which they must be re-elected at the next General meeting. Due to the nature of the Sports Development Programme the focus is upon young people. The Management Committee seeks to ensure that the needs of The Trust are appropriately reflected through the diversity of the Trustee body. Educational and Sporting Skills are well represented on the Management Committee as are Business Skills. The Trustees provide a range of knowledge, experience and skills relevant to supporting the aims of the trust. ## **Trustees Induction and Training** Current Trustees are already familiar with the practical work of the Charity, and involve themselves actively in the programme. New Trustees are sought invariably from the fields of Education, Sport and Leisure. New Trustees have the opportunity to shadow a current Trustee and the CEO. Currently we are also seeking a President that has influential connections and can assist in raising the profile of the Trust in Haringey and beyond. The Trustees are keen to create a cohort of five ‘Junior Trustees’ to have the voice of young people represented at management level and ensure our offer remains relevant. ## **RISK MANAGEMENT** The Management Committee has conducted a review of the major risks to which the Charity is exposed. A risk register has been established and is updated at least annually. Where appropriate, systems of procedures have been established to mitigate the risks the Charity faces. External risks to funding have led to development of a long-term Business Plan. All Coaches and staff have completed, or are currently undertaking, Governing Body Coaching Courses, First Aid, Child Protection and Equity in Coaching. All coaches working for The Trust have been Police Checked, as have all the Trustees. All events organised and run by the Trust are fully risk assessed. The Charity’s major operational risk is to ensure that it has appropriate controls in place. The Trustees have reviewed the adequacy of the Charity’s current Internal Controls. This review confirms that the Charity’s internal Financial Controls, in particular, conform to Guidelines issued by the Charity Commission. The systems of Internal Control are designed to provide reasonable, but not absolute, assurance against Material Misstatement or Loss. They include: - A Strategic Plan and an Annual Budget approved by the Trustees; - Regular Consideration by the Trustees of Financial Results of the Charity; - Delegation of Authority and Segregation of Duties; - Identification and Management of Risks. ## **Related parties** In so far as it is complimentary to the Charity's objects, the Charity is guided by both Local and National Initiatives and Local Needs. 3 **HARINGEY SPORTS DEVELOPMENT** **(A COMPANY LIMITED BY GUARANTEE)** ## **TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2025 (cont’d)** ## **REPORT OF OBJECTIVES AND ACTIVITIES 2425** ## **Borough Context** The borough of Haringey is located in North London with a population of approximately 264,300, BME or other white ethnic groups account for 67% of the resident population. There are over 180 community languages spoken in the borough; almost 30% of Haringey residents do not speak English as their main language of whom one in four either do not speak English well or at all. Haringey is ranked 30th most deprived in England and sixth most deprived district in London according to the Index of Multiple Deprivation (IMD). ## **Background to the Trust** Faced with the need to make drastic budget reductions in 1991, Haringey Council closed the borough’s Sport Development Team ‘Community Action Sport’, leaving no provision of local sports development and opportunities for young people to play sport and be active. Burk Gravis, Haringey Sports Development Trust (The Trust) CEO, set up Haringey Sports Development in 1992 with early backing from the Tottenham Grammar School Foundation which had recently extended its brief from support to poor boys in Tottenham to support for young people throughout the borough of Haringey. Haringey Sport Development gained Charitable Trust Status in 1994. The Trust’s initial vision reflected Burk’s view that young people should have the opportunity to take part in sport and that Haringey schools needed help to ‘develop School Sports and high quality Physical Education. An early part of the Trust’s work was coordinating the borough entry of young people into the London Youth Games with an early stated ambition to win the overall trophy. Before 1992 Haringey had not finished inside the top twenty of the 33 London Boroughs taking part. Today the Trust enjoys an enviably high reputation across the community sports sector in London and has now taken Haringey to first place in the London Youth Games lifting the Jubilee Trophy in 2022 and again in 2023. Top five finishes have now become the norm. ## **Partnerships** The School Sport Partnerships established by the Labour Government through Sport England and the Youth Sport Trust provided a golden opportunity for the Trust to work with the Partnership Development Managers of the two School Sports Partnerships in Haringey from 2003. This initially gave the opportunity to support the work in schools by providing coaches and competition opportunities. The Youth Sport Trust 2009 National Conference had as its theme ’Developing a Sustainable Legacy’. This was prophetic as in 2010 the Coalition Government abolished the School Sport Partnerships replacing them with a stripped down School Games programme and a new acronym of PESSPA (Physical Education, School Sport & Physical Activity) for young people. Because of the Trust’s established links with the schools it was well placed to support the work of the School Games Organisers and the Haringey School Sports Association (HSSA) to develop school sport in Haringey. The success of the partnership was reflected in Haringey becoming London School Games champions seven times in a row paving the way towards the current London Youth Games success. The HSSA became a part of the Trust in 2018. Today the Trust employs and manages the work of the School Games Organisers offering a wide competition programme to all the borough schools and supports the PESSPA strategy with an unmatched programme of Continual Professional Development in Physical Education for Primary and Special Schools managed by the Trust and delivered by former PE Advisers and national leaders in AfPE (The Association for Physical Education) Jan Hickman and Kim Henderson. The Trust has worked with Healthy Schools to support and provide opportunities for physical activity for young people. The Trust enjoys a high profile across the community sports sector in London and is viewed as a successful and sustainable model for Sports Development.The School Sport Partnerships established by the Labour Government through Sport England and the Youth Sport Trust provided a golden opportunity for the Trust to work with the Partnership Development Managers of the two School Sports Partnerships in Haringey from 2003. ## **Young Ambassadors and Sports Makers** The Trust has a strong record of increasing participation and affecting Young People’s attitude towards Improved lifestyle, dealing with obesity and wellbeing. The Young Ambassadors Programme Upskills Young People in gaining Leadership and Coaching Qualifications and opportunities in a variety of Sports linked to the School Sport and London 4 ## **HARINGEY SPORTS DEVELOPMENT (A COMPANY LIMITED BY GUARANTEE)** ## **TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2025 (cont’d)** Youth Games Sports, which then enables them to become Ambassadors in Sport and Volunteering Opportunities which can lead to part time/full time employment. ## **Holiday Sports Camps** These sports camps are now in their 32nd Year; they attract excellent reviews and continue to be fully booked over Easter and the Summer. The camps link to Duckett’s Common Basketball Programme ( _which has a high profile and ever-increasing popularity amongst youngsters_ ) attracted in the region of 60-70 youngsters every day from all over the Borough. This is achieved by Delivering Programmes direct into the Schools after School Clubs, and by using the same Coaches from the Schools Programme. Working on the Schools Programme Parents and Youngsters are encouraged and enthused to attend the Holiday Provision. The Programme this year has Twilight Basketball delivered at TPL with huge success. Featuring in the Evening Standard magazine and interest from 5 Live, One Show and addition Selby Centre has been added to the programme with Basketball being delivered. ## **Funding** **The Tottenham Grammar School Foundation** has been our main support since the Trust’s inception in 1992 and we look forward to maintaining this relationship. The Trust has also secured funding from a number of National Agencies including Sport England and the Home Office to increase capacity, The Trust is always seeking additional funding through a variety of avenues and promoting the success of the programmes to attract possible sponsorship. Whilst securing funding is always a challenge, the success of our programmes continues to attract funding from Tottenham Grammar School Foundation, Haringey Council and Street Games. ## **Our vision** - To build upon the success of the previous 30 years and expand our Sports Programmes for Young People across Haringey, - Strengthen and consolidate the London Youth Games Development Programme as the Trust has now achieved top 10 placing on a regular basis and been champion borough two years running. - To establish Long Term Sustainability in all Sports and Programmes delivered, including the growth of the Sports Maker Programme which encompasses Volunteering and Coaching qualifications, - To increase Income through Bids and Programmes that fit into our overall Aims and Objectives, - Our Vision amplifies our efforts in giving young people the opportunity of taking part in Sport within Haringey and the surrounding areas. ## **Our Principle objectives are:** - To give every child in Haringey the opportunity to Take Part in high quality Physical Education, School Sport and Physical Activity; with signposts into Sports Clubs in order to achieve from Participation through to International Level. - To provide a first class programme of professional development for educators in primary schools - Through Sport, to provide a framework for Children and Young People to develop Life Skills and Key Skills that will help them with Future Employment, and - Ensure 2012 legacy from Olympic Games using Sport Development to Increase participation and People being Active. - To continually achieve top five placing in London Youth Games, currently first. This is the highest achieved in the borough’s history, - To achieve top Five placing in London Mini Marathon, currently fourth, - Increase opportunities to achieve Participation to Performance, - Increase physical activity among Young People, - Develop Fitness Programmes, - Increase Volunteering Opportunities, - Ensure Leaders Courses are established in the schools to create increase in Sporting Ambassadors, - Utilise outdoor areas such as Duckett’s Common, New River Sports Centre and Albert Road Recreation Ground 5 **HARINGEY SPORTS DEVELOPMENT (A COMPANY LIMITED BY GUARANTEE)** ## **TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2025 (cont’d)** 6 **HARINGEY SPORTS DEVELOPMENT (A COMPANY LIMITED BY GUARANTEE)** ## **TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2025 (cont’d)** 7 **HARINGEY SPORTS DEVELOPMENT** ## **(A COMPANY LIMITED BY GUARANTEE)** ## **TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2025 (cont’d)** ||||Points|||||| |---|---|---|---|---|---|---|---|---| |||Boys|Girls|Total||||Position| ||Aquathlon|13|12|25||Aquathlon||5| ||Athletics|120|110|230||Athletics|Boys|2| ||Athletics (Para)|X|X|X||Athletics|Girls|6| ||Badminton|35|30|65||Para Athletics (Para)|Boys|2| ||Basketball|65|60|125||Para Athletics (Para)|Girls|2| ||BMX|5|1|6||Badminton||10| ||Boccia|15|10|25||Basketball|Boys|3| ||Cricket|40|35|75||Basketball|Girls|5| ||Cross Country|300|240|540||BMX||12| ||Road Cycling|15|1|16||Boccia||1| ||Football|0|85|85||Cricket (Indoor)|Boys|9| ||Judo|6|1|7||Cricket (Indoor)|Girls|1| ||Kayak Slalom|5|5|10||Cross Country|Boys|10| ||Kayak Sprint|5|5|10||Cross Country|Girls|4| ||Swimming (Para)|5|5|10||Road Cycling||14| ||Tennis|5|5|10||Football||1| ||Indoor Rowing|25|10|35||Judo|Boys|10| ||Football (Para)|30|25|55||Judo|Girls|17| ||Hockey|35|35|70||Kayak Slalom||10| ||Netball|0|80|80||Kayak Sprint||12| ||Sailing|5|5|10||Swimming (Para)|Boys|6| ||Swimming|30|25|55||Swimming (Para)|Girls|8| ||Table Tennis|80|5|85||Tennis||4| ||Trampoline|5|20|25||Rowing (Indoor)||3| ||Volleyball|25|20|45||Football (Para)|Boys|2| |||||1699||Football (Para)|Girls|1| |||||||Hockey|Boys|2| |||||||Hockey|Girls|1| |||||||Netball||12| |||||||Sailing||4| |||||||Swimming||X| |||||||Table Tennis|Boys|5| |||||||Table Tennis|Girls|13| |||||||Trampoline||7| |||||||Volleyball|Boys|8| |||||||Volleyball|Girls|13| 8 **HARINGEY SPORTS DEVELOPMENT (A COMPANY LIMITED BY GUARANTEE)** ## **TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2025 (cont’d)** ## _**Throughout a very challenging and difficult year the following results and programmes were achieved:**_ **Easter Ducketts Common Basketball Programme** 650 attended _Organised by Haringey Basketball Association_ **Easter Selby Centre Programme** 85 attended _Organised by Haringey Basketball Association_ **May Half Term Ducketts Common Programme** 550 attended _Organised by Haringey Basketball Association_ **May Half Term Selby Centre Basketball Programme** 150 attended _Organised by Haringey Basketball Association_ **Summer Ducketts Common Basketball Programme** 2800 attended Supported by _Haringey Basketball Association_ **Summer Ducketts Common Volleyball Programme** 750 attended _Volleyball Coach_ **Summer Selby Centre Programme** 750 attended _Haringey Basketball Association_ **Hornsey Girls Year Seven Summer Programme** 850 attended _Organised by Sports Games Organisers_ **Hornsey Basketball After School Programme** Monday to Friday – Multi Sport **After School Table Tennis** at Fortismere, Heartlands, Park View and St Thomas More at Fortismere, Heartlands, Park View and St Thomas More **----- Start of picture text -----**
Girls District Team
Middlesex Champions
National Champions
**----- End of picture text -----**
## **LYG Winning Team Awards** ## **Community Award** 9 **HARINGEY SPORTS DEVELOPMENT (A COMPANY LIMITED BY GUARANTEE)** ## **TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2025 (cont’d)** 10 **HARINGEY SPORTS DEVELOPMENT (A COMPANY LIMITED BY GUARANTEE)** ## **TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2025 (cont’d)** 11 **HARINGEY SPORTS DEVELOPMENT (A COMPANY LIMITED BY GUARANTEE)** ## **TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2025 (cont’d)** 12 **HARINGEY SPORTS DEVELOPMENT** **(A COMPANY LIMITED BY GUARANTEE)** ## **TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2025 (cont’d)** 13 **HARINGEY SPORTS DEVELOPMENT (A COMPANY LIMITED BY GUARANTEE)** **TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2025 (cont’d)** 14 **HARINGEY SPORTS DEVELOPMENT (A COMPANY LIMITED BY GUARANTEE)** ## **TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2025 (cont’d)** ## **Duckett’s Common Basketball Programme** TPL ( _as the Basketball Arena is now called by the Young People_ ) is now one of the most known and popular Arenas for Basketball in London, which is basically situated in a Park with a history of Gang Issues, Anti-Social Behaviour, Drugs and Alcohol related problems. By providing Holiday provision and Basketball 3 on 3 Competitions throughout the year many of the issues are decreasing and by having The Ball Out Competition being run at TPL, which is promoted by Nike Town, the presence of the Metropolitan Police show partnership working. The programme attracts youngsters from eight years of age leading to Adults over 30. A cross-section of youngsters that were Gang Leaders/ Members, Youngsters involved in Anti-Social Behaviour and Inactive Young People that then attended Leaders Courses and become Future Coaches. The programme had an attendance of some 60 youngsters every day who were involved in Coaching Sessions and 3 on 3 play. In addition, the programme included the Twilight Basketball programme, which proved hugely successful with attendances hitting 70 youngsters. The programme attracted attention from the media in the form of the Evening Standard, The One Show and 5 Live. The programmes were delivered within Covid restrictions with additional programmes being run at Selby Centre. 15 **HARINGEY SPORTS DEVELOPMENT** **(A COMPANY LIMITED BY GUARANTEE)** ## **TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2025 (cont’d)** ## **Summary** Since our last update, the Trust has extended its outreach, now working with 53 primary schools, ten senior schools, and four special needs schools across the Borough. Our School Holiday Programmes have grown, now hosted at three sites: The Selby Centre, Hornsey School for Girls, and Duckett’s Common, an area facing challenges of deprivation and anti-social behaviour. This expansion has positively impacted local commerce and garnered support from the Metropolitan Police and the Local Council. Our unique Schools Programme is part of the School Games Initiative, offering a comprehensive School Sports Calendar in London. This calendar includes around 29 sports from September to July, supporting the London Youth Games and providing local clubs with participation opportunities. The Selby Centre, situated in a high-deprivation area in Tottenham, boasts a strong basketball program. At Hornsey Girls School, the Summer Programme has significantly influenced new and current Year Seven students, demonstrating the lasting impact of Sports on Girls' participation rates. We've also focused on strengthening local clubs by increasing activity levels, particularly among girls. Through the London Youth Games, we've made gradual progress, which includes Coaching Education Programmes and volunteering opportunities at major sports events in London. Additionally, our support for schools in securing equipment funding has been a major focus this year, helping athletes achieve at county and international levels. ## **Future** Looking ahead, our primary goal is to maintain a stable and effective Trust. We aim to continue delivering our current programmes and expand where feasible, especially considering the financial constraints post-pandemic, which severely affected sports in many areas. As a small Trust, our focus is on sustainable growth and understanding the pressures faced by our partners, including schools, clubs, and parents. After consecutive wins of the Jubilee Trophy in the London Youth Games - a first for an inner London borough in 44 years - our ambition is to secure further wins and at least top five placements. We hope to demonstrate to other London Boroughs that it's possible to rise from the bottom to the top through robust sports development. Finally, we plan to review and update our Business Plan for the next three years, adapting to the evolving landscape of sports and community needs and develop our website and social media profile to attract more young people to adopt physical activity and healthy lifestyles. ## **Responsibilities of the Management Committee** The Members of the Management Committee are responsible for preparing the Financial Statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice. Company law requires the Management Committee to prepare Financial Statements for each financial year which give a true and fair view of the state of the affairs to the Charitable Company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing those Financial Statements, the Management Committee should follow best practice and: select suitable accounting policies and then apply them consistently; make judgements and estimates that are reasonable and prudent; Prepare the Financial Statements on the going concern basis unless it is inappropriate to assume that the Company will continue on that basis; Ensure Policies are updated and additional Policies written where needed or improved. The Committee is responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charitable Company. To enable them to ensure that the Financial Statements comply with the Companies Act 2006. The Management Committee is responsible for safeguarding assets of the Charitable Company and for taking reasonable steps for the prevention and detection of fraud and other irregularities. So far as the Members of the Management Committee are aware, there is no relevant information of which the Charitable Company’s independent examiners are unaware, and each Member of the Management Committee has taken all the steps that they ought to have taken as a Member of the Management Committee in order to make them aware of any relevant information and to establish that the Charitable Company’s independent examiners are aware of that information. ## **Members of the Management Committee** Members of the Management Committee, who are Directors for the purpose of Company Law and Trustees for the purpose of Charity Law, who served during the year and up to the date of this report are set out on page one. 16 ## **HARINGEY SPORTS DEVELOPMENT** ## **(A COMPANY LIMITED BY GUARANTEE)** ## **TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2025 (cont’d)** ## **Independent Examiners Report** This report has been prepared in accordance with the Statement of Recommended Practice (SORP): Accounting and Reporting by Charities (issued in March 2005), and in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small entities. Ms.Loveng was appointed as the Independent Examiner and has expressed her willingness to continue in office. A resolution proposing her reappointment will be submitted to the forthcoming Annual General Meeting. The Trustees wish to record their thanks to Ms.Loveng for her continued support and professional service. Approved by the Management Committee on 23 December 2025 and signed on its behalf by: ## ………………………………………… ## **DAVE THOMAS – TRUSTEE** For and on behalf of the Management Committee 17 **HARINGEY SPORTS DEVELOPMENT TRUST HARINGEY SPORTS DEVELOPMENT (A COMPANY LIMITED BY GUARANTEE)** ## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF HARINGEY SPORTS DEVELOPMENT LIMITED (‘THE COMPANY’)** I report to the Charity Trustees on my examination of the accounts of the Company for the year ended 31st March 2025. ## **Responsibilities and Basis of Report.** As the charity’s Trustees (and also its directors for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (“the 2011 Act”). In carrying out my examination, I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. ## **Independent Examiner’s Statement** Since the Company’s gross income exceeded £250,000, the examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination which give me cause to believe that: - accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or - the accounts do not accord with those records; or - the accounts do not comply with the accounting requirements of section 396 of the 2006 Act, other than any requirement that the accounts give a true and fair view (which is not a matter considered as part of an independent examination); or - the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. ## **Independent Examiner:** Amy Loveng, CIPFA, CIMA London, N22 8LR ## **Date: 19th December 2025** 18 ## **HARINGEY SPORTS DEVELOPMENT (A COMPANY LIMITED BY GUARANTEE) STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME & EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2025** |**Note**
**Unrestricted**
**Funds**
**2025**
**£**
**Incoming resources**
**Incoming resources from generated funds:**
Voluntary income
Donations and grants
2
Activities for generating funds:
Investment income
**Incoming resources from charitable activities**
**12**
Grants receivable
3
**—**
Course fees and general donations
28,784
Facility hire
—
**Total incoming resources**
**28,784**
**Resources expended**
**Cost of generating funds**
4
—
**Charitable activities**
4
—
**Governance costs**
4
37,079
**Total outgoing/incoming resources**
**37,079**
**Net incoming resources before transfers**
(8,295)
**Reconciliation of funds**
Total funds brought forward
37,232
Transfer between reserves
**—**
Total funds carried forward
12
**28,937**|**Restricted**
**Funds**
**2025**
**£**
**—**
331,630
—
—
**331,630**
—
329,451
—
**329,451**
2,179
92,189
**—**
**94,368**|**Total**
**Total**
**Funds**
**Funds**
**2025**
**2024**
**£**
**£**
**12**
**12**
331,630
307,835
28,784
53,105
—
—
**360,414**
**360,940**
—
—
329,451
292,172
37,079
74,888
**366,530**
**367,060**
(6,116)
(6,120)
129,421
135,541
**—**
**—**
**123,305**
**129,421**| |---|---|---| The statement of financial activities includes all gains and losses in the year. All incoming resources and resources expended derive from continuing activities. The accompanying policies and notes on pages 17 to 24 form part of these financial statements. 19 ## **HARINGEY SPORTS DEVELOPMENT (A COMPANY LIMITED BY GUARANTEE)** ## **BALANCE SHEET AS AT 31st MARCH 2025** |||**2025**||**2024**|| |---|---|---|---|---|---| ||**Notes**|**£**|**£**|**£**|**£**| |**FIXED ASSETS**|||||| |Tangible assets|9||3,397||4,418| |**CURRENT ASSETS**|||||| |Debtors|10|21,105||14,856|| |Cash at bank||100,432||120,218|| |||121,537||135,074|| |**CREDITORS**– Amount falling due|||||| |Within one year|11|(8,583)||(10,071)|| |**NET CURRENT ASSETS**|||112,954||125,003)| |**TOTAL ASSETS LESS CURRENT**|||||| |**LIABILITIES**|||116,351||129,421)| |**RESERVES**|||||| |Balance brought forward|12 & 13||122,222||135,541| |Surplus for the year|12 & 13||—||(6,120)| ||||122,222||**129,421**| The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st MARCH 2025. The members have not required the charitable company to obtain an audit of its financial statements for the year ended 31st MARCH 2025 in accordance with Section 476 of the Companies Act 2006. The Trustees acknowledge their responsibilities for: - (a) ensuring that the charitable company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and - (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small charitable companies. The financial statements were approved by the board of Trustees on 19[th] December 2025 and were signed on its behalf by: ................................................... **D Thomas - Trustee** The notes on pages 21 to 27 form part of these financial statements 20 **HARINGEY SPORTS DEVELOPMENT (A COMPANY LIMITED BY GUARANTEE)** ## **NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2025** ## **1. Accounting Policies** The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year and in the preceding year. The presentation currency of the financial statements is the Pound Sterling (£). ## **(a) Basis of accounting** The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and the Companies Act 2006. The financial statements have been prepared under the historical cost convention with applicable accounting standards. The Trustees have a reasonable expectation that there are adequate resources to continue in operational existence for the foreseeable future and there are no material uncertainties that call into doubt the Charity’s ability to continue operating as a going concern. The financial statements have therefore been prepared on the basis that the charity is a going concern. ## **(b)** ## **Company Status** The Charity is a company limited by guarantee. In the event of the Charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the Charity. It is also registered with the Charity Commission (Charity Number 1033081). ## **(c) Critical accounting judgements and key sources of estimation uncertainty policy** The Trustees are satisfied that there are no significant accounting estimates or judgements surrounding the financial statements which could materially impact on the current or future accounting periods. ## **(d)** ## **Fund Accounting** General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes. Unrestricted funds can be transferred to the restricted fund where there is a shortfall in funds. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements. ## **(e) Incoming Resources** - a) Cash donations are included in the accounts when they are received, - b) Incoming resources in respect of course fees are accounted for on an accruals basis, provision being made for amounts due but not received until after the year end, - c) Revenue and fixed asset grants are accounted for in the period to which they relate when the grant provider has notified the amounts for the period, - d) Investment income is accounted for on an accruals basis, - e) Revenue grants received from Tottenham Grammar School are accounted for in the period to which they relate and are treated as restricted funds. 21 **HARINGEY SPORTS DEVELOPMENT (A COMPANY LIMITED BY GUARANTEE)** ## **NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 (Cont’d)** ## **(f) Resources Expended** Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates: - Costs of generating funds comprise the costs associated with attracting voluntary income and the costs of trading for fundraising purposes. - Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. - Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include the accountancy and bookkeeping fees and costs linked to the strategic management of the charity. ## **(g) Tangible Fixed Assets and Depreciation** - Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is charged at a rate calculated to reduce the relevant assets to their residual value at the end of their useful lives as follows:- Office equipment - 25% reducing balance basis Fixtures & fittings - 20% reducing balance basis ## **2. Donations and Grants** |London Marathon
**3.**
**Grants Receivable**
**2025**)
**Unrestricted**)
**£**)
Tottenham Grammar
—)
School Games Organiser Services
—)
Haringey Leisure London Youth Games
—)
Haringey Schools Sports Association
PE CPD/Affiliations
—)
Selby Centre Basketball
—)
Hornsey School For Girls
—)
Catherine and John Mulville
—)
)
Ducketts Common
—)
Coaching Education
—)
Street Games
—)
Job Retention Scheme
—)
Sport England Escape Lottery Fund
—)|**2025**)
**Restricted**)
**£**)
166,308)
65,068)
38,718)
33,486)
—)
28,050)
—)
**331,630**)
—)
—)
—)
—)
—)||**2025**
**£**
0
0
**2025**)
**Total**)
**£**)
166,308)
65,068)
38,718)
33,486)
—))
28,050)
—)
**331,630**)
—)
—)
—)
—)
—)|**2024**)
**£**)
—)
—)
**2024**)
**Total**)
**£**)
127,898)
62,666)
45,605)
51,266)
5,000)
9,400)
6,000)
**307,835**)
—)
—)
—)
—)
—)| |---|---|---|---|---| |||||| |||||| 22 **HARINGEY SPORTS DEVELOPMENT (A COMPANY LIMITED BY GUARANTEE)** ## **NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2025 (cont’d)** ## **4. Total Resources Expended** |**Basis of**
**Course**
**Allocation**
**Fees**
**£**
**£**
**Costs directly allocated**
**to activities**
Purchases
Direct
—
Advertising
Direct
—
Vehicle hire
Direct
—
Coaching fees and
Facility hire
Direct
—
Salaries
Direct
—
Accountancy
Direct
—
Legal and professional
Direct
—
Bookkeeping and
administration
Direct
—
Donations/Sponsorship
Direct
—
**Support costs allocated**
**to activities**
Salaries
Staff time
—
Depreciation
Direct
—
Communications
Direct
—
Premises
Direct
—
General office costs
Direct
—
Bank charges
Direct
—
Travel
Direct
—
—
**5. NET INCOME OVER EXPENDITURE**
The surplus has been arrived at after charging:
Depreciation
Employment costs (see note 6)
Independent examiners remuneration|**Facility**
**Grants Governance**
**Hire**
**£**
**£**
**£**
—
30,315
1,295
—
—
450
—
16,706 —
—
109,883
—
—
—
—
—
—
—
—
55
34
—
13,665
1,063
—
19,293
1,705
—
120,913
28,283
—
859
—
—
5,043
101
—
—
186
—
12,053
3,319
—
654
655
—
—
—
—
**329,439**
**37,091**
**2025**
**£**
859
148,951
0|**2025**
**2024**
**Total**
**Total**
**£**
**£**
31,610
44,827
450
1,100
16,706
15,728
109,883
100,750
—
—
—
5,611
89
—
14,728
20,190
20,998
10.874
149,196
155,044
859
859
5,144
2,049
186
724
15,372
8,004
1,309
1,300
—
—
**366,530**
**367,060**
**2024**
**£**
859
150,924
5,611| |---|---|---| 23 **HARINGEY SPORTS DEVELOPMENT (A COMPANY LIMITED BY GUARANTEE)** ## **NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2025 (cont’d)** ## **6. DIRECTORS AND EMPLOYEES** |**IRECTORS AND EMPLOYEES**||| |---|---|---| |Staff costs during the year were as follows:
Wages and salaries
Social security costs
Pension|**2025**
**£**
134,217
10,557
4177
**148,951**|**2024**
**£**
136,534
12,626
1,765| |||**150,924**| There are no employees with emoluments in excess of £60,000. The average number of employees during the year was **6** (2024 – 6 employees) ## 7. **TRUSTEE REMUNERATION AND RELATED PARTY TRANSACTIONS** No remuneration or expenses were paid or reimbursed to the Trustees during the year (2024 - £nil). No Trustee or other person related to the Charity had any personal interest in any contract or transaction entered into by the Charity during the year (2024 - £nil). As at 31st March 2025 a balance of £4447.06. (2024 – £3,750) was due from Mr B Gravis relating to expenses paid on his behalf. ## 8. **TAXATION** As a Charity, Haringey Sports Development is exempt from tax on income and gains to the extent that these are applied to its charitable objects. No tax charges have arisen in the Charity. 24 **HARINGEY SPORTS DEVELOPMENT (A COMPANY LIMITED BY GUARANTEE)** ## **NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2025 (cont’** ## 9. **TANGIBLE FIXED ASSETS** |**Office Equipment**
**£**
**COST**
At 1 April 2025
38,538
Additions
—
Disposal
—
**At 31 March 2025**
**38,538**
**DEPRECIATION**
At 1 April 2025
34,037
Charge for the period
1,104
Eliminated on disposal
—
**At 31 March 2025**
**35,141**
**NET BOOK VALUE**
**At 31 March 2025**
**3,397**
**At 31 March 2025**
**3,397**
10.**DEBTORS: Amounts falling**
**2025**
**due within one year**
**£**
Activity debtors
18,268
Other debtors
4,447
Prepayments and accrued income
—
**21,105**
11.**CREDITORS: Amounts falling**
**2025**
**due within one year**
**£**
Activity creditors
—
Other creditors
—
Taxation and social security
3,183
Accruals and deferred income
5,400
**8,583**|**TOTAL**
**£**
38,538
—
—
**38,538**
34,037
1,104
—
**35,141**
**3,397**
**3,397**
**2024**
**£**
10,409
4,447
—
**14,856**
**2024**
**£**
600
4,071
—
5,400
**10,071**| |---|---| 25 **HARINGEY SPORTS DEVELOPMENT (A COMPANY LIMITED BY GUARANTEE)** ## **NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2025 (cont’d)** ## 12. **MOVEMENT OF FUNDS** |
**Unrestricted Fund:**
Generated Funds
_Total Unrestricted Fund_
**Restricted Fund:**
Generated Funds
_Total Restricted Fund_
Total Funds|**Balance at**
**Incoming**
**Outgoing**
**1 April 2024**
**Resources**
**Resources**
**£**
**£**
**£**
49,867
28,784
(36,321)
49,867
28,784
(36,321)
83,201
331,630
(330,353)
83,201
331.630
(330,353)
**133,068**
**360,414**
**(**366,674**)**|**Funds**
**Transfer**
**£**
—
—
—
—
**—**|**Balance at**
**31 March**
**2025**
**£**
42,330
42,330
84,478
84,478
**126,808**| |---|---|---|---| ## **ANALYSIS OF NET ASSETS BETWEEN FUNDS** ||**Restricted funds**|**Unrestricted funds**|**Total 2025**| |---|---|---|---| ||**£**|**£**|**£**| |Fixed assets|—|4,418|4,418| |Current assets|83,451|51,623|135,074| |Creditors|(4,671)|(5,400)|(10,071)| ||**78,780**|**50,641**|129,421| 26 **HARINGEY SPORTS DEVELOPMENT (A COMPANY LIMITED BY GUARANTEE)** ## **NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2025 (cont’d)** ## 13. **ANALYSIS OF MOVEMENT ON RESTRICTED FUNDS** |
Tottenham Grammar
Haringey Leisure – London Youth Games
Hornsey School for Girls
Haringey School Sports Association
– PE CPD/Affiliations
School Games Organiser Services
Selby Centre Basketball
Catherine and John Mulville
_Total Restricted Fund_|**Balance at**
**1 April 2024**
**£**
30,872
23,232
—
11,120
14,577
0
3,400
**83,201**|**Incoming**
**Resources**
**£**
166,308
38,718
28,050
33,486
65,068
—
—
**331,630**|**Outgoing**
**Resources**
**£**
164,227
38,718
28,050
40,690
55,268
—
3,400|**Funds**
**Transfer**
**£**
—
—
—
—
—
—
—|**Balance at**
**31 March**
**2025**
**£**
32,953
23,232
—
3,916
24,377
—
—
**84,478**| |---|---|---|---|---|---| ||||**330,353**|**—**|| 27