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2024-03-31-accounts

Charity Registeration No. 1077167

THE LONDON SPORTS TRUST

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

THE LONDON SPORTS TRUST

INDEX TO THE FINANCIAL STATEMENTS

Page
Legal and Administrative Information 1
Report of the Management Committee 2-6
Independent Examiners Report 7
Statement of Financial Activities 8
Balance Sheet 9
Notes Forming Part of the Financial Statements 10-16

THE LONDON SPORTS TRUST

LEGAL AND ADMINISTRATIVE INFORMATION

REGISTERED CHARITY NUMBER 1077167

MANAGEMENT COMMITTEE

Rod Jack Paul Hyman Richard Bellars Sally Kettle Michael Defoe Sonia Mkoloma Appointment on 1st May 2023 REGISTERED OFFICE Phoenix High School,The Curve, Shepherds Bush London, W12 0RQ INDEPENDENT EXAMINERS Anwar Jorgis AFA, FAIA,CIPP 3 Cressage Close Southall UB1 2XP BANKERS The Co- Operatvie Bank Po box 250 Delf House Southway Skelmersdale WN8 6WT

1

THE LONDON SPORTS TRUST

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF THE LONDON SPORTS TRUST

I report on the accounts of the company for the year ended 31 March 2024, which are set out on page 6 to 10.

RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER

For the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 and that an independent examination is needed. The Charity gross income exceeded £250,000 and I'm qualified to undertake the examination by being qualified member of Institute of Financial Accountants

BASIS OF INDEPENDENT EXAMINER’S REPORT

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and the seeking of explanations from 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, I do not express an audit opinion on the view given by the accounts.

INDEPENDENT EXAMINER’S STATEMENT

In connection with my examination, no matter has come to my attention:

(1) which gives me reasonable cause to believe that, in any material respect, the requirements:

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Anwar Jorgis- AFA- FAIA-- MIPA-ACIPP

3 Cressage Close

Southall

Middlesex

`

7

THE LONDON SPORTS TRUST

STATEMENT OF FINANACIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024

Notes
Incoming resources
Incoming Resources from charitable
2
activities
Grants receivable
Incoming Resources from generated
funds
Donations and core grants
Interest income
Total Incoming resources available
for charitable application
Resources Expended
3
Charitable activities
Governance costs
Total Resources expended
Net Incoming/(outgoing) resources
before transfers
Transfers between funds
Fund balances at 1 April 2023
Fund balances at 31 March 2024		 Unrestricted
Designated
Restricted
Funds
Funds
Funds
Total
2024
2024
2024
2024
£
£
£
129,580
441,640
571,220
24,617
24,617
-
0
154,197
441,640
595,836
112,405
680,583
792,988
112,405
680,583
792,988
41,792
(238,944)
197,152
-
369,994
45,000
343,627
-
282,829
-
278,640
561,468		 Total
2023
£
761,509
71,137
280.00
832,926
741,558
741,558
91,368
758,621
758,621

8

THE LONDON SPORTS TRUST

BALANCE SHEET

AS AT 31 MARCH 2024

Note 2024 2023
FIXED ASSETS £ £ £ £
Tangible assests 9 62,700
Current Assets
Debtors 6 - -
Cash at bank and in hand 524,257 734,976
524,257 734,976
Current liabilities
Amount falling due within one year 7 25,489 59,955
Net current assets 498,768 675,021
Total assets less current liabilities 561,468 675,021
Funds 8
Restricted Fund 278,640 343627
Unrestricted Fund 282,829 273,142
General fund - 96,853
Designated funds - 45,000
Total Funds 561,468 758,621

Approved by the Board on 07/08/2024

Paul Hyman Chair

9

THE LONDON SPORTS TRUST

( A Company Limited by Guarantee )

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

1. ACCOUNTING POLICY

Basis of Preparation

The financial statements of the charity have been prepared in accordance with the Statements of Recommended Practice applicable to charitie preparing their accounts in accordance with the Finanacial Reporting Standard applicable in the Uk and Republic of Ireland (FRS102- effective 1 January 2015)- (Charities SROP FRS 102) and the Companies Act 2006.

The Charities company mmet the defination of public benefits entity under FRS 102. Assets and liabilities are initially recognised at historical costs or transaction value unless otherwise stated in the relevant accounting policy or note

Fund Accounting

Grants and other income are accounted for on a receivable basis.

Income streams will be identified as either Restricted or Unrestricted and reported in the Financial Statement appropriately.

Restricted funds are monies raised for and their use restricted to a specific purpose or Grants subject to donor.

Unrestricted funds compromise those monies which may be used towards meeting the charitable objectives of the Charity at the discretion of the Trustee.

Taxation

London Sports Trust is registered Charity and not subject to income or corporate Tax on its Income or Activities provided that the resources are expended on the defined charitable activities.

10

**THE LONDON SPORTS TRUST ** **THE LONDON SPORTS TRUST ** **THE LONDON SPORTS TRUST ** **THE LONDON SPORTS TRUST ** **THE LONDON SPORTS TRUST ** **THE LONDON SPORTS TRUST ** **THE LONDON SPORTS TRUST ** **THE LONDON SPORTS TRUST ** **THE LONDON SPORTS TRUST ** **THE LONDON SPORTS TRUST ** **THE LONDON SPORTS TRUST ** **THE LONDON SPORTS TRUST ** **THE LONDON SPORTS TRUST **
NOTES TO THE FINANCIALSTATEMENTS FOR THE YEAR ENDED31 MARCH 2024
City Sports Academies Active Community Coopertive Skills For Life London Youth Games Operation & Development Safe Camp Water Sport HS2 Schools & Nurseries 2024 2023
Restricted Unrestricted Restricted Unrestricted Transitition Restricted Unrestricted RBKC Total funds Total funds
INCOMING RESOURCES
Restricted income
John Lyon's Charity - 69,000
Corporative Fund 25,466 25,466 12,814
London Borough of Hammersmith & Fulham 56,563 41,328 10,000 3,379 1,620 112,889 160,092
Family Action 42,687 42,687 44,137
HS2 12,552 12,551 25,103 -
LMP - 32,844 32,844 30,872
BBC CIN - 10,150
Royal Borough of Kensington & Chelsea 5,113 680 67,384 100,974 174,151 160,613
Kensington & Chelsea Foundation 480 480 5,375
Sport England 1,650 1,650 -
London Borough of Westminster 3,750 3,750 3,799
Big Lottery Fund -
Other Primary Income 180 180 4,433
PLA( Port London Authroity ) - -
Hammersmith United Charity - -
Capital & Counties 8,000 8,000 -
MOPAC - -
Discount /Refund Given 302 533 17 2,100
-		 1,248
-		 -
Active Londoners - -
DR Edward and Bishop's King - -
Award for All grant - -
Shepherd's Bush Housing Group - -
Phoenix - -
The London Community 7,000 7,000 41,654
Wandsworth Borough -
Apprenticeship - -
William Wates -
London Sport 4,802 4,802 4,175
Daisy Trust - -
Peter Harrison Foundation - -
Futures Academies 2,520 665 3,185 35,925
WWM+A41:A51T - -
Street Games 700 700 22,700
-
Total restricted income 90,780 47,840 17,000 - 25,466 42,687 533 67,384 3,396 34,464 100,974 12,551 1,435
-		 441,640 605,740
Unrestricted income
SuperZone - 15,500 15,500
Donation 423 12,841 2,871 8,482 24,617 71,137
Bank interest received - -
Fees income 3,125 4,534 100 7,759 12,110
Community Programm 7,893 7,893 38,378
School & Nurseries 135 41,140 41,275 73,653
Other Primary income 161 161 -
Refund 2,432 15 2,447 4,555
Young K & C 29,221 29,221 25,919
Service Fees 3,154 660 700 4,514 1,040
Street Games - 115
Youth Club 20,000 810 20,810 -
Capital & Counties - -
Total Unrestricted 23,548 40,358 - - - - 2,871 - 15,449 29,236 895 - 41,840 154,197 226,907
TOTAL FUNDS 114,327 88,198 17,000 - 25,466 42,687 3,404 67,384 18,845 63,700 101,869 12,551 40,405 595,836 832,646

11

THE LONDON SPORTS TRUST THE LONDON SPORTS TRUST THE LONDON SPORTS TRUST THE LONDON SPORTS TRUST THE LONDON SPORTS TRUST THE LONDON SPORTS TRUST THE LONDON SPORTS TRUST THE LONDON SPORTS TRUST THE LONDON SPORTS TRUST THE LONDON SPORTS TRUST THE LONDON SPORTS TRUST THE LONDON SPORTS TRUST THE LONDON SPORTS TRUST THE LONDON SPORTS TRUST THE LONDON SPORTS TRUST THE LONDON SPORTS TRUST THE LONDON SPORTS TRUST THE LONDON SPORTS TRUST THE LONDON SPORTS TRUST THE LONDON SPORTS TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 2024 2024 2024 2023
City Sport & Academies Active Community Skills for Life London Youth Games Family Action SAFE Camp
 Coprtive Transitio n
Water Sport		 Designagted funde ration & Developm
HS2		 Schools & Nurseries
 Total Restricted otal Unrestricte
TOTAL		 Total
Restricted Unrestricted Restricted Unrestricted Restricted Unrestricted RBKC Expenditure Expenditure EXPENDITURE Expenditure
RESOURCES EXPENDED
Staff gross Costs 32,816 7,954 33,250 29,582 - 17,860 32,938 33,033 1,007 41,587 222,072 7,954 230,026 232,388
NI Employer 8,943 148 3,925 1,590 14,606 - 14,606 17,911
Pension contibutions 1,112 4,310 1,112 4,310 5,422 5,474
Freelances and temporary workers - - -
Employer Pension contributions - - -
Rent & business rate - - - -
Light & Heat - - -
Subscriptions - - -
Insurance 1,022 1,341 2,363 - 2,363 1,842
Repair & Renewal - - -
Publicity , website & Advertising 1,584 1,108 1,776 500 466 928 1,795 7,050 1,108 8,158 6,861
Training - - - -
Events/Seminars/Venue Hire 2,612 5,518 2,612 5,518 8,130
Travel & subsistence charge 101 20 55 162 20 22 359 20 379 865
Printing ,postage and stationery - - - -
School & Nurseries 14 330 344 - 344 7,625
Computers expense & Sotware 1,288 1,288 - 1,288 -
Meals & Entertainment 77 176 124 72 272 176 449 272
Telephone 422 422 - 422 491
Office supplies 9 230 100 230 210 549 230 779 1,450
Bank and credit charges - - - 395
Audit & Accountancy 1,350 - 1,350 1,350 1,350
Legal & Professional charges - - -
Courses & workshop 47 1,880 32 1,959 - 1,959 1,832
Equipment rental & small tools 859 975 859 975 1,834 1,004
Other office costs 15 731 745 - 745 -
Activities & Delivery costs 64,045 8,462 5,241 1,355 14,462 8,550 19,852 28,688 9,773 11,940 162,552 9,817 172,368 190,837
Project and Program Costs 72,714 72,542 9,745 83 10,026 276 22,097 - 29,823 23,488 40,552 13,629 2,995 11,916 236,986 72,901 309,887 235,116
Volunteer expenses 871 8,047 223 1,306 22 132 14 893 3,462 8,047 11,509 12,942
Fundraising Expenses 71 71 - 71 2,000
Depreciation 20,900 20,900 - 20,900 20,900
TOTAL EXPENDITURE 187,201 110,691 17,141 1,438 64,247 276 66,451 - 62,031 79,770 105,258 - 17,234 12,768 68,483 680,583 112,405 792,988 741,558
0 - -

12

THE LONDON SPORTS TRUST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

4 Trustees

No payment were made to trustees during the year

5 Employees

Number of employees

The average monthly number of employees during the year was:

2024 2023
Number Number
Project director 1 1
Project worker 6 6
7 7
Employment costs 2024 2023
£ £
Wages and salaries 230,026 232,388
Pensions 5,422 5,475
Social security costs 14,606 17,911
250,054 255,774
There were no employees whose annual remuneration was £60,000 or more
6 Debtors 2024 2023
£ £
Other debtors -
Phoenix Academy -
LBHF- Fund receivable -
Prepayment and accrued income - -
- -
7 Creditors 2024 2023
£ £
Wages ,Taxes and social security costs 23,068 23,068
Pensions 1,071 1,071
Trade creditors 1,350 1,350
Accruals - -
25,489 25,489
Deferred income
London Borough of Westminster -
Royal Brough of Kesington & Chelsea 2,000
London Borough of Hammersnith & Fulham -
Corporative Fund 25,466
Grenfel Fund -
MOPAC -
Family Action -
GVC- London Community Foundation 7,000
Counties & Capital -
John Lyon's Charity Fund -
Phoenix Academy
Future Academies -
Other fees income -
- 34,466

13

THE LONDON SPORTS TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
8 Restricted funds
The income funds of the charityinclude restricted funds comprisingthe followingunexpended balances of
donations andgrants held on the trust for specificpurposes :
At 1.04.2023 Incoming
resources		 Outgoing
resources		 Transfer At 31.03.2024
Restricted funds:
City SportsAcademies 123,394 138,619 149,525 112,488 112,488
Active Communies 83,609 17,000 17,141 83,468 83,468
HS2 12,551 12,768 (217) 217
-
Skillsfor Life - 43,220 14,545 28,675 28,675
SAFECamp 52,758 34,464 62,031 25,191 25,191
Operation&Development 13,322 3,396 17,234 (515) - 515
-
London YouthGames 26,318 67,384 66,451 27,251 27,251
WaterSports - 100,974 99,408 - 1,566 1,566
Corperative &Transition 18,521 25,466 43,987 - - -
Schools & Nurseries 25,704 1,435
-		 24,269 - -
Total restricted funds 343,627 441,640 507,359 (732) 278,640
Unrestricted funds:
City SportsAcademies 75,924 63,906 112,041 732 27,056
Active Communies 28,094 - 1,438 26,656
CorporativeTransition 12,814 - 12,814
Skillsfor Life 56,619 2,871 21,303 38,187
Schools & Nurseries 32,614 41,840 8,995.00 - 65,459
SAFECamp 21,687 29,236 50,923
Operation&Development 31,554 15,449 47,003
London YouthGames 4,300 - 4,300
WaterSports 9,536 895 - - 10,431
General funds 96,853 - 96,853 - - -
Designated Fund 45,000 - 45,000 - -
-
Total unrestricted funds 414,994 154,197 285,630 - 282,829
Total funds 758,620 595,836 792,989 - 561,468

14

THE LONDON SPORTS TRUST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

9
Assets		 Straight line @ 20%
Tangable fixed Assets
Costs Electirc bus Boat Total
At 1st April 2022 68,500 36,000 104,500
-
Addional - - -
Acc. Depreciation 13,700 7,200 20,900
Charge for the year 13,700 7,200 20,900
Net book value 41,100 21,600 62,700
At 31/03/2024

15

THE LONDON SPORTS TRUST

DETAILED INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024

INCOMING RESOURCES
Restricted income
John Lyon's Charity
Kensington & Chelsea Foundation
London Borough of Hammersmith & Fulham
Royal Borough of Kensington & Chelsea
Corpoeratvie Fund
Capital & Counties
HS2
Future Academies
BBC
Family Action
LMP
Hammersmith United Charity (HUC)
Sport England
London Borough of Westminster
Other Primary Income
Active Londoners
Discount /Refund Given
London Community
London Sport
Wandsworth Borough
Street Games
Total restricted income
Unrestricted income
Donation
Community Programmes
Service fees
Refund
Bank interest received
Superzone
Youth Club
Young K & C
Fees income
School & Nurseries
Total Unrestricted
Total income
RESOURCES EXPENDED
Staff Gross salaries Costs
NI Employer
Pension contibutions
Training & Courses
Volunteer expenses
Rent & business rate
Meals & Entertainment
Office expenses
Equipment rental & small tools
Insurance
Bank and credit charges
Publicity, Website & Advertising
Travel & subsistence charge
Printing ,postage and stationery
Computers expense & Sotware
Telephone
Schools & Nurseries
Project Costs
Audit & Accountancy
Fundraising Expenses
Depreciation
Activities & Delivery and Project costs
Surplus/ (Deficit) carried forward
Plus last year Reserve
Carry forward reserve		 2024
2023
£
-
69,000
2,100
5,375
111,269
160,092
174,151
160,613
25,466
12,814
8,000
-
25,103
-
3,185
35,925
-
10,150
42,687
44,137
32,844
30,872
-
1,650
4,175
3,750
3,799
180
4,433
-
-
1,248
-
195
7,000
41,654
4,802
-
700
22,700
441,640
605,935
24,617
71137
-
38378
4,514
12110
2,608
4360
-
280
15,500
20,810
-
29,221
25919
7,759
1155
49,168
73653
154,197
226,992
595,836
832,926
230,026
232,388
14,606
17,911
5,422
5,475
11,377
1,832
11,580
12,942
-
449
272
794
1,450
1834
1,004
2,363
1,842
395
8,158
6,861
379
865
731
-
-
422
491
344
7,625
309,887
235,116
1,350
1,350
-
2,000
20,900
20,900
172,368
190,837
792,988
741,558
(197,152)
91,368
758,621
591,243
561,469
682,611

16

THE LONDON SPORT TRUST

TRUSTEES REPORT AND DIRECTORS REPORT FOR THE YEAR ENDED MARCH 2024 ACCOUNTS

Structure, Governance and Management

The Trust-is an unincorporated trust, constituted under a trust deed dated 12[th] June 1998 and is registered charity, number 1077617. The trust was established by an initial grant from the John Lyon's Charity to provide support for financially disadvantaged children and young people with sporting talent. The Trust has continued to receive funding from local authorities in which the Trust operates. The Trust has recently secured funding to develop its new programmes City Sports Academies, Skills for Life and Active Communities.

The trustees are appointed by a Board of Trustees and serve for a 5 year period after which they can be reappointed. The Trust Deed provides for a minimum of 3 trustees. At the quarterly trustee's meeting, the trustees review the progress in the agreed trust objective areas through a Directors report, as well as the financial status of the trust, reserves and risk management, policies and performance. The day to day running of the trust, monitoring of grants, assessment of applications and finance monitoring is undertaken by the Director.

The Trust reviews the skills of the board of trustees on a regular basis. New trustees are often sought to fulfil the strategic or governance of the London Sport Trust. All proposed trustees must understand and commit to the aims and objectives of the Trust. After an initial proposal to the board of trustees, the proposed trustee will be invited to a meeting with the Chair and secretary. The final decision will be made at a board of trustee to nominate a new trustee.

Risk Management

The London Sports Trust trustees have reviewed the risks at which the charity is exposed to and have worked alongside the Director to implement strategies and actions to minimise these risks. A fundraising strategy to secure running costs for the charity is in place.

Objectives and activities

"To advance the education and training of young people residing in all London Boroughs who are in full time educational/vocational training and are between the ages of 12-25 and in financial need to enable them to pursue a career in sport or recreation or such other career."

The aims of the London Sports Trust are:

Achievements and Performance

School Games

Over the last year we have started to be involved with the RBKC School Games working with Ashburnham School and Youth Sports Trust top coordinate and deliver sporting activities for primary schools and Year 7 secondary schools. This was the first year of delivery following COVID and it proved to be an extremely busy and successful year. LST will continue to be involved with the School Games next year.

City Sports Academies

City Sports Academies is our inspirational sports programme for children and young people (CYP) and their families on the most deprived housing estates in the tri-boroughs of Hammersmith & Fulham, RBKC and Westminster aged between 8 –16 years old or up to 25 years (SEN or learning disability). We combine sport and life skills to hook CYP into positive behaviour and fulfil their potential in sport, education and life. The programme introduces children and young people to sports and health activities with pathways linked to existing and new clubs for talented individuals.

In Westminster we deliver session for gifted and talented primary school students, as well as talent identification session in secondary schools. Our community sessions in RBKC and LBHF are focused on the housing estates and community centres to bring sport to the young people aged between 14-25 years old. The individuals' beneficiating from these sport sessions will then be encouraged to participate in the life skills programme to improve future employment opportunities .

Skills for Life

The Skills for Life programme gives disadvantaged children and young people an opportunity to achieve their goals in sport, education and life improving life chances. The programme teaches them a number of essential life skills, so they are able to live independently in the future. This programme develops life skills in communication, finance, cooking, DIY, as well as customer services skills, Leadership and accredited coaching qualifications. Our young people have the opportunity to volunteer and gain work experience with our social enterprise, in the community and with local businesses.

The main aim of the project is to focus on youth unemployment and provide young adults with skills and confidence to adequately cope with independent living and future life as a student or employee. Sorted is designed to prepare young adults about to live on their own for the first time, either prior to further education or employment. The Sorted modules equip them with essential life skills necessary to lead responsible, independent and healthy lives. The programme will cultivate responsible young adults with increased employment opportunities. Our graduates will volunteer at a chosen local community organisation.

Links with local and regional businesses will give our beneficiaries volunteer and work experience with the aim of securing long term employment .

Watersports

The Trust has been managing and delivering the watersports programme to two new sites in Kensington & Chelsea, Canalside Activity Centre and Cremorne. This started in August 2020 during the middle of the COVID19 lockdown. However we tried to keep the sites open for key worker and vulnerable children and young people.

The popularity of kayaking, canoeing and Stand Up Paddleboarding has grown so much and with our 3 sites our aim is give every child and young person a fun experience on the canal and river Thames.

London Youth Games

From September 2020 LST started coordinating the London Youth Games for Kensington & Chelsea. We are now in our 3[rd] year and our team is working woth schools, youthclubs and sports clubs to give CYP an opportunity of competitive sport. As we as the 2[nd] smallest borough with few facilities our aim to for participation and opportunity.

Active Communities

Active Communities is our family programme engaging young parents to learn and play with their children. Our pilot programme has been a great success training up parents and increasing family cohesion. London Sports Trust are working in partnership with Hammersmith and Fulham council to deliver regular sport sessions within the borough using Sport England’s Community Sport Activation Fund. This is a programme in which we aim to engage with adults and families through inclusive sports programmes. Since 2013, over 500 people have attended free or low-cost physical activity classes as part of Active Communities. With a programme of women’s only, adults’ classes and family sessions there is something for everything.

Watersports

The Trust has been managing and delivering the watersports programme to two new sites in Kensington & Chelsea, Canalside Activity Centre and Cremorne. This started in August 2020 during the middle of the COVID19 lockdown. However we continued to keep the sites open for key worker and vulnerable children and youngpeople .

London Youth Games

From September 2020 LST started coordinating the London Youth Games for Kensington & Chelsea. Due to the COVID-19 lockdown this mainly consisted of online challenges and delivering equipment to vulnerable families in deprived areas. Now lockdown has finished we have coordinated numerous events and teams for in person LYG events.

Place2Play

Place2Play is our inclusive family ‘pop up sports’ programme which is now specifically focused on Hammersmith & Fulham helping the poorest areas like White City & Wormholt. The content of the Place2Play session includes

fun games that emphasises developing children’s agility, balance and co-ordination skills in children aged 2-11. Meanwhile parents are also encouraged to join in and learn about the benefits of recreational family sports and thus improve play in their spare time .

Active Minds

Active Minds is the culmination of work on Time Out Together and other pilot projects for families and vulnerable adults. We continue this in LBHF with pop sessions in RBKC and Westminster.

This project made it easier for parents/carers of disabled children to become active, talk with their peers, destress and improve their wellbeing – there is currently nothing of this nature available for this group. The programme continues in a slightly different format with regular weekly sessions with the addition of some fantastic family trips to Hamleys, Apple Store and the Natural History Museum. This includes closed sessions with each of the four local SEN schools, located within 2-miles of each school, and two additional open sessions. Sessions will incorporate a phased introduction to fun physical activities and a social and/or wellbeing element to take place before or after.

Think Active

Think Active is a sports programme for mental health delivered in partnership with MIND. Our aim is to provide opportunities for people to enjoy physical activity while speaking openly about mental health and learning how being active can make a difference to our wellbeing. Our aim for Think Active is to focus on children & young people to break down the stigma of mental health while enjoying sport & physical activity. It will also allow young people to learn about the work of MIND and other local mental health charities.

The project is aimed any young person aged 11 - 18 living within disadvantaged communities in London. Young people can self-refer onto Think Active, but we will also ask youth clubs to recommend the programme to young people who they feel will benefit.

Financial review

The Trust receives the majority of its current funding from a variety of sources including Lottery, local authority and charitable foundation as well as our social enterprise schools programme.

A proportion of this is allocated for governance and administration. Funds for the coaching programmes and running costs have been secured from the corporate sponsors and local authorities. In the year under review there was a surplus on unrestricted funds of £282,829. Restricted funds at the year-end totalled £278,640

Reserves Policy

The trustees aim to maintain free reserves in unrestricted funds which equates to approximately 3 months of charitable expenditure. Budgeted expenditure for 2024/2025 totals £590,087, the required level of reserves is therefore £282,829. The current level of free reserves covers this target .

Plans for the Future

The Trust will continue our revised Game plan for 2021-2024 incorporating City Sports Academies (sport) and Skills for Life (training and life skills) and Think Active (Improving physical & mental health of families). In

addition, we will drive forward the Watersports, Think Active & Active Communities programme across LBHF, RBKC and Westminster and surroundings boroughs. These will be the main objectives for the Trust over the next 2 years.

SEND focus

In the coming year we will be working closely with children and young people with additional needs from Queensmill school as a dedicated project to introduce them to new activities and places across RBKC and LBHF

EcoSport

London Sports Trust is using the power of sport to educate and support children and families to improve the environment and their carbon footprint. We have already started with a number of projects on the River Thames called Paddle & Pick to clear rubbish from the Thames. Our plan for the coming year is to work with football and sports clubs to help them and their fans to reduce their carbon footprint.

Statement of Trustees' Responsibilities

Legislation requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity 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 trustees follow best practice and aim to:

Select suitable accounting policies and apply them consistently Make judgments and estimates that are reasonable and prudent; and Prepare financial statements on the going concern basis unless it is inappropriate to assume the charity will continue on that basis.

The trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. The trustees are also responsible for safeguarding the assets of the charity and hence for taking responsible steps for the prevention and detection of fraud and other irregularities.

Public Benefit Statement

The trustees confirm that they have complied with the duty in section 4 of the Charities Act 2011 to have due regard to the Charity Commission's general guidance on public benefit, "Charities and Public Benefit".

London Sports Trust's charitable purpose is to support disadvantaged children and young people to support their sporting and educational goals.

Approved by the trustees on 11/08/2024 and signed on their behalf by

Paul Hyman- Chair