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2023-08-31-accounts

REGISTERED COMPANY NUMBER: 04320313 (England and Wales) REGISTERED CHARITY NUMBER: 1092287

;

Report of the Trustees and

Audited Consolidated Financial Statements for the Year Ended 31 August 2023

for

;

Tigers Sport and Education Trust

.

Harris Lacey and Swain Chartered Accountants and Statutory Auditors Suite 1 The Riverside Building Hessle East Yorkshire HU13 0DZ

Tigers Sport and Education Trust

. Contents of the Financial Statements for the Year Ended 31 August 2023 aa eee

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|||||| |---|---|---|---|---| |.|Page| |Report of the Trustees|1|to|17| |Report of the Independent Auditors|18|to|21| |Statement of Consolidated Financial Activities|22| |Consolidated Balance Sheet|23| |Charity Balance Sheet|24| |Consolidated|Cash Flow Statement|25| |Notes|to the Cash Flow Statement|26| |Notes|to the Financial Statements|27|to|44|

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Re __

Tigers Sport and Education Trust

Report of the Trustees

for the year ended 31st August 2023

The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the consolidated financial statements of the charity for the period lst September 2022 to 31st August 2023. 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 January 2015).

OBJECTIVES AND ACTIVITIES

Objectives and Public Benefit

The charity's objects are for the benefit of the public generally and in particular, the inhabitants of East Yorkshire and Humberside and its surrounding areas. The Trustees have considered the Commission's guidance on public benefit and are of the opinion that it is fulfilled by the charity's continued pursuit of the following objectives: -

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Tigers Sport and Education Trust

Report of the Trustees for the year ended 31st August 2023

ACHIEVEMENT AND PERFORMANCE

Charitable activities —-

For more than 30 years, the Tigers Sport and Education Trust has been a recognised provider of Sport and Education across Hull and East Riding of Yorkshire. Governed by a Board of Trustees and funded by the EFL Trust and Premier League and a range of other funders and sponsors. The Trust's priority is to deliver high quality provision to the communities of Hull and East Riding of Yorkshire to support improved health and wellbeing. ;

During this period the programme delivery supported the following:

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Beyond the pandemic the Tigers Sport and Education Trust has continued to support those across our Hull and East Yorkshire communities and those engaging with activities at the Tigers Trust Arena. Starting as Football in the Community Project in the early 90’s the Trust continues to develop and grow to extend its offer beyond the 90 minutes on the football pitch through the power of the Hull City Tigers badge. The Trust (now a charity) is based at the Tigers Trust Arena on West Park, Hull and supports in excess of 30,000 people every year.

The Trust continues to pride itself on offering creative and innovative provision to support our communities to live active, healthy and happy lives. We continue to adapt to the ever-changing operating landscape.

The team continued to go above and beyond throughout the 2022 - 2023 season to strengthen the Trust’s reach across the communities of Hull and East Riding of Yorkshire. We are proud to makea difference to so many people across a range of provision, delivering impactful outcomes and changing lives across our communities keeps.

Our Trustees continue to effectively govern and guide the CEO and Senior Team through a framework of Board and Sub-Board committees and together with our dedicated and passionate people work to deliver across key areas in line with our strategy and key objectives:

During this period the Trust continued to strengthen its position as a credible voluntary sector organisation working to tackle the health inequalities in our communities across Hull and East Yorkshire. The last few years have seen the Trust mature in its ability to respond to the emerging needs for our local communities and we began to see the benefits of our strengthened Board of Trustees following recruitment earlier in 2022.

During early 2023 the Trust undertook a Strategic Review to help check and shape future direction. Key recommendations from this review were focused on the following 5 headline areas for the Trust to work to support continual improvement:

  1. Succession Planning and Leadership

  2. Harness the potential of the Club/CCO relationship

  3. Board and Governance

  4. Staff Retention and Associated Challenges

  5. Funding and Income Generation

Operationally, the key priorities for the organisation have been to continue to deliver services to help tackle the widening health inequalities in our communities in the wake of the pandemic and also the high inactivity levels. This year has seen increased collaboration with a range of organisations from across the voluntary and community sector and public sector, which has supported the mobilisation of

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‘pilot’ work to support those in need in our communities, as well as continue with our support to drive increased activity levels — such as delivering our Active Through Football programme.

This Trust drives continuous improvement across its operational, management and governance structures in line with the capability framework prescribed by our key funders Premier League Community Fund and EFL Trust; excellent progress continues to be made by the Trust in relation to the Capability Code of Practice Framework.

The challenges for the Trust associated with running the Arena on behalf of the Club and for the Academy continue. The significant increase in utility costs coupled with the increased cost of living have impacted during this period. Following the changes in Club ownership during 2022, the Trust discussed these challenges, a discussion aided by the Club representation on the Trust Board. An agreement was reached to fix the costs of the utilities with the Club subsidising an agreed element of the contract for 2 years. These challenges have also impacted staff retention at the Arena which have been managed as effectively as possible throughout the period.

Ona positive note bookings and footfall in the Arena have returned to and beginning to surpass prepandemic levels, this is now havinga positive impact on the turnover and cashflow for the Arena. The Trust also continues to manage the challenges associated with lack of outdoor space following the condemnation of the outdoor pitches at the Arena during the pandemic and is currently oversubscribed in relation to suitable pitch availability. This position supports the CEO in the discussions relating to the potential development of the wider site, including the MKM Stadium which will include a new AGP and upgraded facilities for the Trust as part of the enhanced community offer. In the meantime, the Arena has seen increased-footfall through private bookings, expanding the ‘party’ offer, delivering the Trust Football Centres and Saturday morning offer, holiday activity and linking with schools and various tournaments; the Hull City Academy continue to use the Arena as part of their operational space during the football season.

;

The relationship with Hull City Football Club continues to be very supportive in relation to providing free tickets for our participants for designated games, joint activations, match day experiences and alignment of Safeguarding, EDI and marcomms. The Trust values the close working relationships with the Club representatives and opportunities to work together.

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WULL CITy
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TIGERS TRUST

OUR VISION

Inspired and integrated communities, living active, healthy and happy lives.

We dare to inspire, engage and improve our communities, through sport, active participation and education; providing opportunities and removing barriers; supporting and raising aspirations and helping people to lead healthy and happybecause liveswe because can. we care and

OUR VALUES

allFunwe- Wedo. believe fun should be central to

Ambitious - Wé strive to be the best in everything we do.

Inspiring - We seek to be positive role models in all we do. Respectful - We treat everyone with respect.

: A Passionate - We care passionately about our community.

Inclusive - We.seek inclusivity in all we do.

Your Club.

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|||||||||| |---|---|---|---|---|---|---|---|---| |1.|2|3| |COMMUNITIES|HEALTH|&|EDUCATION|&| |WELLBEING|EMPLOYMENT| |OPPORTUNITIES| ||PL Primary|Stars|v|v|vo| |HolidayFootballCentres||Saturday|Football Centres|=|WoW,|a|a|ai|oea| |“Saturday|FootballCentres|WW| |2,|School|Hubs|&|Education;| |Inspires|v|v|v| | Changemakers Ae|a,|2|Ae| ||USW Foundation Degree|v|ae|v|.| |3.|Social Incision:| |||Kicks|v|Vv|vo| |Targeted Kicks||ia|Y|nl.|v|z| |Tigers|Team|Mates|(Tackling|ni|4|oe| | Loneliness& Isolation)|—|-|es|ae|Oe| ||Tigers Together|ov|vo| |"Detached|Youth Work|.|YY|ra|7|4| |"Disability|Sports|=f|v|.| |"Healthy|Holiday|Activity(HAF)|¥|fi| |Waiting Well|v|ST|7|=| |||Active|Through|Football|=§|v|Ae|=|| |PERAESh|eee|nares|Se|ee|De| |NCS Autumn|v|Vv|v| |"Skills Boosters|ne|.|i|A|Ae|

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TIGERS TRUST: IMPACT REPORT 2023

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Children ages 5-12 have attended our Football Centres across 2022/23 on school holidays

individuals aged 16+ have attended our Active Through Football SESSIONS

Aggregate attendances of young people (aged 8-16) who enjoyed free sports provision through the Tigers Trust's delivery of the Healthy Holidays Programme

Young people engaged with during 22/23 through the Premier League Kicks Programme

Walking Footballers attend regular weekly sessions on a Monday and Thursday at the Tigers Trust Arena

Attendees on the Tigers Pathways employability programme - including - 65 who went from inactive searching to to actively searching for jobs

Children and young people Participants took part in the Street engaged with ourselves Soccer Academy programme 10 who have a registered week programme during 22/23 that disability through the focused on football coaching, Premier League Kicks mentoring, mindset development, Programme and employability workshops

Children and young people supported through our Premier League Primary Stars Programme

Adults looking to improve their mental health and wellbeing through the power of football during Tigers Together sessions

Females attended Premier League Kicks sessions throughout 2022/2023

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Case Studies INCLUSION AND ENGAGEMENT 64 NATIONS I mOWWWNllUW Page 8

64 Nations 1 Community:

Active Through Football (ATF) is a community programme aimed at promoting physical activity in collaboration with Hull City Council, Hull Culture and Leisure Ltd (HCaL), and ourselves at the Tigers Trust. ATF focuses on engaging key target audiences, particularly those facing inequalities in accessing recreational activities. This case study delves into the journey of ATF in Hull since its inception in 2022, highlighting its impact and achievements.

Hull, a city known for its diverse population, faces challenges in promoting physical activity, particularly among marginalised communities. Recognising this, ATF was launched with the aim of addressing inequalities by providing football opportunities for individuals aged 16-19 from black, Asian, and minority ethnic backgrounds.

Led by Abdu and Josh, the ATF Delivery Officers, the programme commenced with a slow start but steadily gained momentum. Through collaboration with local stakeholders, including Hull City Council and HCaL, ATF devised a comprehensive plan to activate key settings across the city. The program's primary focus was on delivering recreational and informal small-sided football activities, developed through extensive community engagement.

Abdu commented:

“ The ATF Programme has been on quite a journey, from welcoming small numbers at the initial sessions to welcoming 140 participants to a single session, it’s fantastic to see participants from all over the world come together through their shared love of football”

Since its inception, ATF has made significant strides in promoting physical activity and fostering inclusivity within the community. One notable achievement is the remarkable growth in participation, with ATF sessions attracting up to 140 participants, making it one of the largest sessions in the country as per ATF's national figures. When collecting data recently, the Marcomms team decided to see the reach and the global representation at our sessions shown on our new Nations map.

Looking ahead, ATF aims to build on its success in Hull by expanding its reach and impact. This includes leveraging partnerships, securing additional resources, and further tailoring activities to meet the diverse needs of the community. By continuing to prioritise inclusivity and community engagement, ATF endeavors to create a healthier and more active communities. By fostering a sense of belonging and promoting physical activity, ATF embodies the spirit of unity and resilience, proving that, indeed, within 64 nations, there is one community.

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PRIMARY STARS

Teacher Engagement _

Name - Sarah Macpherson — Year 6 Teacher School — Bude Park Primary School

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a lesson and had the chance to team teach with Ryan by taking part in a lesson and is now on the verge of taking full lessons.
Ryan now sits down with Sarah each week and plans the lesson and also provides feedback. Sarah has also started to use this in
her own PE slots at her school.
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Sarah provided us with a quote on how much the Tigers Trust coaches impacted her development and support.

“Being able to observe Ryan teaching PE and Football skills, as an expert in this area, meant that I had the time to consider the most effective way to deliver the lesson and plan for future lesson’s, this helped me with my gain knowledge of a skills in Football and put them into my PE Lesson’s. This is has also increased my confidence massively and I now feel I can deliver an high quality effective PE Lesson”. -

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INSPIRES
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really excel. Fabian admitted that he was self-taught in bike mechanics and was not just able to partake actively in each sessions
content but more positively, he was able to take a position of leadership in sessions and support others less familiar to complete
basic bike repairs.
----- End of picture text -----

Mrs Brown teacher supporting the sessions in school said, “Fabian has been great in these sessions, he’s been great all year but this is the most I’ve seen him engaged all year and he’s actively supported others with the bike repairs. This half term working with R-evolution has been great for him and the group to give them something different and hands on to do which is relevant outside school. We wouldn’t ordinarily be able to offer these things in school and I’ve really enjoyed it too!” The focused sessions with R-evolution concluded with the bike build where Fabian was able to dismantle and fully construct a new bike within the hour’s lesson. As a true success of his engagement through the year but notably the R-evolution sessions, Fabian was able to take a bike, helmet, and lock away with him to enable him to access school and enrichment opportunities quicker and in Page 11

a safe manner. Beyond these sessions it is clear the work with R-evolution has fostered a greater sense of curiosity towards mechanics and engineering and through his continued engagement on the programme.

Moving in to Year 11 and possibility having some 1:1 wellbeing weekly check ins to monitor behaviour as well, Fabian has expressed an interest to go on to study mechanical engineering, with Tigers Trust staff support, the focus will be to look more in to this in the Autumn Term with outlook to supporting his application to College or for an apprenticeship whilst improving his school attendance and behaviour record to succeed in his application.

Fabian shared “Doing the R-evolution sessions has definitely made me more interested in mechanics and engineering and I think it’s something I'd be interested to do at college”.

Furthermore, when able to obtain a DBS and have the time to do so, R-evolution supported by Tigers Trust have demonstrated an interest to have Fabian undertake the City and Guilds qualification in bike maintenance and when able would like to have him support the various bike hubs around the city, supporting others in being able to ride bikes in a safe and enjoyable way. Picture above of Fabian receiving his bike, helmet and lock to take home courtesy of R-evolution.

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Tigers Sport and Education Trust

Report of the Trustees

for the year ended 31st August 2022

FINANCIAL REVIEW

Financial position

The principal funding sources are detailed in the Achievements and Performance Section of this report.

The group generated restricted income of £944,472 (2022 £1,110,153), which is detailed in notes 2, 3 and 4 to the accounts. The costs of activities for generating funds were £860,252 (2022 £908,559). The restricted grants and their associated expenses are shown as restricted funds in the statement of financial activities.

The group generated unrestricted income of £504,564 (2022 £465,020), which is detailed in notes 2, 3 and 4 to the accounts. The costs of activities for generating funds were £532,062 (2022 £529,602).

The net movement in funds for the period amounted to a surplus of £56,722 (2022 £137,012 surplus).

The group held fund balances at 31st August 2023 of £112,880 (2022 £122,702) of surplus restricted funds and £444,012 (2021 £377,468) of unrestricted funds.

This year the impact of the loss of the EFL Trust NCS Contract can be seen in the reduction in restricted income. The Trust has carefully managed this situation, seeking alternative funding streams which have positively impacted our range of activities. The Trust continues to align closely with the Club, funders and stakeholders to effectively manage moving forward. Importantly the work of the Trust to seek and secure future income from strategic relationships has started to impact, such as Youth Justice, Active Through Football and Waiting Well. The Trust continued to review resources throughout the period, reviewing and consolidating staffing and resources appropriately throughout.

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Reserves policy . The trustees review the reserve levels of the charitable group and company annually. This review encompasses the nature of income and expenditure streams, the need to match income with commitments and the nature of reserves. The activities that the charitable group undertakes on a day-to-day basis are funded from both its restricted reserves that were provided for specific purposes and its unrestricted reserves for all other activities.

The trustees need to ensure that the charitable group has sufficient working capital to cover delays between receipt of grants and spending. At 31st August 2023 the group hada surplus in unrestricted funds of £444,012 (2022 £377,468) of which £52,844 (2022: £23,340) is tied up in tangible fixed assets. The group also has a surplus in restricted funds of £112,880 (2022: £122,702). Taking into account the nature of the group's income streams, the trustees are of the view that reserves at these levels are sufficient to cover its working capital needs. Moving forward the Trust has prioritised the strategy to increase of unrestricted reserves through nonprogramme funded income, such as building the educational activities, football centres and private bookings.

After making appropriate enquiries, the Board of Trustees has a reasonable expectation that the group has adequate resources to continue in operational existence for the foreseeable future. For this reason, it continues to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the Statement of Accounting Policies.

Future Plans

The CEO continues to strengthen links with strategic partners, collaborators, funders and potential funders, representation on a range ofBoards and forums EG. Policy Yorkshire (Y &H ‘think tank’), EFL Trust Advisory Group, HEY LEP Board, HEY Employment & Skills Board as VCS representative and Shared Prosperity Fund Partnership Board.

The Active Through Football Consortium has scaled delivery over this season, reflected in the numbers of those engaged which was over 4,000 during this period across 200 activations. This programme also demonstrates the ability of the Trust to work collaboratively and take a lead in its area of expertise for the greater good of our local communities. This collaborative model of working has become increasingly important and future plans include further collaborations to secure sustainable future activities and diversify income streams in order to mitigate risk in the challenging funding landscape.

Work on the development plans for the MKM Stadium and Arena continue, these include working with the Football Foundation to secure resource and grants to improve the Arena facilities and broaden the offer and access for the community whilst making them more commercially viable. The CEO continues to engage and work with key partners to develop these opportunities and remains part of the wider discussions with the Club in relation to their updated development plans for the MKM Stadium and West Park footprint.

Key to viable future plans for the Trust include:

  • e Continue to diversify income and revenue streams to grow unrestricted reserves e Build further on the successful collaborations of 2023-2024 and develop new ones e Continue to grow the health and wellbeing activity

  • e Deliver Strategic Review recommendations, ensuring operations and structure remain right and relevant

  • e Ensure quality, safe and accessible provision continues whilst exploring opportunities relating to Environmental Sustainability

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Tigers Sport and Education Trust

Report of the Trustees for the year ended 31st August 2023

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document -

Tigers Sport and Education Trust, company number 04320313, is constituted under its Memorandum and Articles of Association dated 9 November 2001 and is a registered charity, number 1092287. The principal address of the charity is the same as its registered office. The charitable company is limited by guarantee. Each member of the charitable company undertakes to contribute to the assets of the charitable company in the event of it being wound up while they are a member, such amount as may be required, not exceeding £10, for the debts and liabilities contracted before they ceased to be a member. The current number of members is four.

Current trustees appoint new trustees by majority vote. New trustees are briefed of their duties and responsibilities as a trustee of the charity. The Board of Trustees meets quarterly to discuss the performance of the charity.

The day-to-day management of the company was delegated to Catherine Bishop, Chief Executive Officer, who joined the Trust in April 2019 following the retirement of John Davies, Community Manager in December 2018.

Relationships between charity and related parties

The charitable company operates by receiving its key funding from the Premier League Charitable Fund and English Football League Charitable Trust. In 2016, the charitable company set up a wholly owned trading subsidiary, The Tigers Trust Arena Limited. The purpose of the subsidiary is to undertake the management of the Arena. Details of the financial performance of the subsidiary are included in the notes to the financial statements.

Key management remuneration

The trustees consider the board of trustees and the Chief Executive Officer as comprising the key management personnel of the charity. No trustee was remunerated during the year and details of trustee expenses and related party transactions are disclosed in the notes to the accounts.

The pay of the Chief Executive Officer is reviewed annually and is bench-marked with charities of a similar size and activity.

Risk management management

Risk management management : The Board of Trustees acknowledges its responsibility to identify, assess and manage risk. The main financial risk to the charity is the availability of funding relevant to the pursuit of its objectives. The trustees, in conjunction with the Chief Executive Officer, have reviewed the strategy and objectives of the Charity and have begun to collaborate with strategic stakeholders to identify new opportunities and income streams and seek new funding to secure the continued sustainable operations of the charity.

The main non-financial risk to the charity arises from working with young people and vulnerable adults. In line with recent legal changes and updated CCOP (Capability Code of Practice) process, the Trust has undertaken a comprehensive review of Safeguarding Policy and Procedures to ensure they support safe practice to mitigate this risk, which has also involved a closer alignment to the Safeguarding lead at Hull City Tigers. A new ‘safeguarding’ lead has been identified by the Trust.

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The trustees examine the major risks that the charity faces each year and have developed systems to monitor and control these risks to mitigate any impact that they may have on the charity in the future. The Risk Register has been regularly updated over this period and is taken to the Board twice a year for discussion and review.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number 04320313 (England and Wales)

Registered Charity number 1092287

Registered office , Tigers Trust Arena West Park Walton Street Hull East Yorkshire HU3 6GA

Trustees

Mr N J Cavill Head of Continous Improvements (resigned 2.3.23) Mrs A J Foy Managing Director Mrs D Hayden Solictor _ Mr S T Logan Director Mr C M ONeill Director Mr S M Royce Chairman Board of Trustees Miss V Stabler Director Mr J Clutterbrook Chief Executive Mr N J Rennardson Director

Company Secretary

Taylored Business Secretaries Limited

Auditors . Harris Lacey and Swain Chartered Accountants and Statutory Auditors Suite | The Riverside Building Hessle ; East Yorkshire HU13 0DZ Bankers Lloyds Bank ple Silver Street : Hull HU1 1HX

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Tigers Sport and Education Trust

Report of the Trustees

for the year ended 31st August 2023

STATEMENT OF TRUSTEES RESPONSIBILITIES

The trustees (who are also the directors of Tigers Sport and Education Trust for the purposes of company law) are responsible for preparing the Report of the Trustees 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 the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to:

  • select suitable accounting policies and then apply them consistently;

    • observe the methods and principles in the Charity SORP;

  • make judgements and estimates that are reasonable and prudent;

  • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.

The trustees are responsible for keeping proper accounting records which disclose with 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 Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

  • In so far as the trustees are aware:

  • there is no relevant audit information of which the charitable company's auditors are unaware; and

    • the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information.

AUDITORS

The auditors, Harris Lacey Swain, will be proposed for re-appointment at the forthcoming Annual General Meeting.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the company directors, on AGS. Rea, 2.0L and signed on its behalf by:

S M Royce — Chairman (Trustee)

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  • Report of the Independent Auditors to the Members of

Tigers Sport and Education Trust

Opinion

We have audited the financial statements of Tigers Sport and Education Trust (the 'charitable company’) for the year ended 31 August 2023 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

  • give a true and fair view of the state of the charitable company's affairs as at 31 August 2023 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;

    • have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and - have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

  • the information given in the Report of the Trustees for the financial year for which the financial statements are prepared is consistent with the financial statements; and

  • the Report of the Trustees has been prepared in accordance with applicable legal requirements.

Page 18

Report of the Independent Auditors to the Members of : Tigers Sport and Education Trust

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Trustees.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

  • adequate accounting records have not been kept or returns adequate for our audit have not been received from branches not visited by us; or

  • the financial statements are not in agreement with the accounting records and returns; or

  • certain disclosures of trustees' remuneration specified by law are not made; or

  • we have not received all the information and explanations we require for our audit.

Responsibilities of trustees

As explained more fully in the Statement of Trustees' Responsibilities, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Page 19

Report of the Independent Auditors to the Members of : Tigers Sport and Education Trust

Our responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

We identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and then design and perform audit procedures responsive to those risks, including obtaining audit evidence that is sufficient and appropriate to provide a basis for our opinion.

Identifying and assessing potential risks related to irregularities

In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and noncompliance with laws and regulations, we considered the following:

Audit response to risks identified

  • the nature of the industry and sector, control environment and business performance including key drivers for directors' remuneration, bonus levels and performance targets

  • results of our enquiries of management and their own identification and assessment of the risks of irregularities; - any matters we identified having obtained and reviewed the companies’ documentation of their policies and procedures relating to: -

  • identifying, evaluating and complying with laws and regulations and whether they were aware of any instances of noncompliance; - detecting and responding to the risks of fraud and whether they have knowledge of any actual, suspected or alleged fraud;

  • the internal controls established to mitigate risks of fraud or non-compliance with laws and regulations;

  • the matters discussed among the audit engagement team including regarding how and where fraud might occur in the financial statements and any potential indicators of fraud.

As a result of these procedures, we considered the opportunities and incentives that may exist within the organisation for fraud and identified the greatest potential for fraud in relation to revenue deferrals. In common with all audits under ISAs (UK), we are also required to perform specific procedures to respond to the risk of management override.

We also obtained an understanding of the legal and regulatory frameworks that the company operates in, focusing on provisions of those laws and regulations that had a direct effect on the determination of material amounts and disclosures in the financial statements. The key laws and regulations we considered in this context included the UK Companies Act, UK Corporate Governance Code and local tax legislation.

In addition, we considered provisions of other laws and regulations that do not have a direct effect on the financial statements but compliance with which may be fundamental to the company's ability to operate or to avoid a material penalty.

Audit response to risks identified

Our procedures to respond to risks identified included the following:

  • reviewing the financial statement disclosures and testing to supporting documentation to assess compliance with provisions of relevant laws and regulations described as having a direct effect on the financial statements;

  • enquiring of management concerning actual and potential litigation and claims;

  • performing analytical procedures to identify any unusual or unexpected relationships that may indicate risks of material misstatement due to fraud;

  • reading minutes of meetings of those charged with governance

  • obtained an understanding of provisions and held discussions with management to understand the basis of recognition or non-recognition of tax provisions; and

Page 20

;

Report of the Independent Auditors to the Members of Tigers Sport and Education Trust

  • in addressing the risk of fraud through management override of controls, testing the appropriateness of journal entries and other adjustments; assessing whether the judgements made in making accounting estimates are indicative of a potential bias; and evaluating the business rationale of any significant transactions that are unusual or outside the normal course of business.

We also communicated relevant identified laws and regulations and potential fraud risks to all engagement team members, and remained alert to any indications of fraud or noncompliance with laws and regulations throughout the audit.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors. :

Use of our report

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's membeérs as a body, for our audit work, for this report, or for the opinions we have formed.

----- Start of picture text -----
Qed YS
----- End of picture text -----

Richard D Lacey (Senior Statutory Auditor) for and on behalf of Harris Lacey and Swain Chartered Accountants and Statutory Auditors Suite 1 The Riverside Building Hessle East Yorkshire HU13 0DZ | Date: GU Boa) LOT

Page 21

Tigers Sport and Education Trust

: Statement of Consolidated Financial Activities for the Year Ended 31 August 2023

----- Start of picture text -----
||||||||| |---|---|---|---|---|---|---|---| |2023|2022| |Unrestricted|Restricted|Total|Total| |funds|funds|funds|funds| |:|Notes|£|£|£|x| |INCOME|AND|ENDOWMENTS FROM| |Donations|and|legacies|2|18,153|-|18,153|7,390| |Charitable|activities|4| |Health|and|Wellbeing|39,030|38,042|77,072|63,096| |Education|and Employment.|23,127|570,564|593,691|815,121| |Community|and Inclusion|121,572|330,068|451,640|370,132| |Core|and|Other|107,131|-|107,131|129,844| |Investment|income|3|1,356|-|1,356|3]| |Other|income|16,113|5,798|21,911|21,677| |Income|from|commercial|operations|178,082|-|178,082|167,882| |Total|504,564|944,472|1,449,036|1,575,173| |EXPENDITURE|ON| |Raising|funds|5|-|-|-|4,487| |Charitable|activities|.|6| |Health|and|Wellbeing|32,712|24,975|57,687|49,363| |Education|and Employment|11,720|524,856|536,576|663,494| |Community|and|Inclusion|115,219|310,421|425,640|321,377| |Core|and|Other|203,543|-|203,543|232,234| |Expenditure from|commercial|operations|168,868|-|168,868|167,206| |Total|:|532,062|860,252|1,392,314|1,438,161| |NET INCOME/(EXPENDITURE)|(27,498)|84,220|56,722|137,012| |Transfers|between|funds|17|94,042|(94,042)|-|-| |Net movement|in|funds|_.|66,544|(9,822)|56,722|137,012| |RECONCILIATION|OF FUNDS| |Total|funds|brought|forward|377,468|122,702|500,170|363,158| |TOTAL FUNDS|CARRIED FORWARD|444,012|112,880|556,892|500,170|

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The notes form part of these financial statements

Page 22

Tigers Sport and Education Trust

Consolidated Balance Sheet

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|||||||||| |---|---|---|---|---|---|---|---|---| |.|31|August|2023| |2022|2022| |Notes|£|£| |FIXED|ASSETS| |Tangible|assets|-|13|52,844|23,340| |Investments|14|-|-| |52,844|23,340| |CURRENT|ASSETS| |Debtors|15|51,109|164,702| |Cash|at bank|and|in hand|~|746,222|628,744| |797,331|793,446| |CREDITORS| |Amounts|falling due|within|one|year|16|(293,283)|(316,616)| |NET CURRENT|ASSETS|504,048|476,830| |TOTAL|ASSETS|LESS|CURRENT| |LIABILITIES|556,892|500,170| |CREDITORS| |Amounts|falling|due|after more|than|one|year|-|-| |NET|ASSETS/(LIABILITIES)|556,892|500,170| |FUNDS|17| |Unrestricted|funds|444,012|377,468| |Restricted|funds|112,880|122,702| |TOTAL FUNDS|556,892|500,170|

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These financial statements have been prepared in accordance with the special provision of Part 15 of the Companies Act 2006 relating to small charitable companies.

The financial . statements were approved by the Board of Trustees and authorised for issue on ee Roe WA and were signed on its behalf by:

----- Start of picture text -----
Mr S M\Roy: stee
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The notes form part of these financial statements

Page 23

Tigers Sport and Education Trust

----- Start of picture text -----
||||||||||| |---|---|---|---|---|---|---|---|---|---| |Charity|Balance|Sheet| |.|31|August|2023| |2023|2022| |Unrestricted|Restricted|Total|Total| |£|£|£|£| |FIXED|ASSETS|:|Notes|funds|funds|funds|funds| |Tangible|assets|13|31,733|-|31,733|171| |Investments|14|100|-|100|100| |31,833|-|31,833|271| |CURRENT|ASSETS|.| |Debtors|15|136,373|-|136,373|253,149| |Cash|at bank|and|in hand|523,135|112,887|636,022|524,302| |659,508|112,887|772,395|777,451| |CREDITORS| |Amounts|falling|due|within one|year|16|(254,093)|-|(254,093)|(286,595)| |NET CURRENT ASSETS|405,415|112,887|518,302|490,856| |TOTAL ASSETS|LESS CURRENT| |LIABILITIES|437,248|112,887|550,135|491,127| |NET|ASSETS|437,248|112,887|550,135|491,127| |FUNDS|17| |Unrestricted|funds|-|437,248|368,420| |Restricted|funds|112,887|122,707| |TOTAL FUNDS|550,135|491,127|

----- End of picture text -----

ThedBCea AONpeatTOV... andwere were approvedsigned on itsby behalfthe by:Board of Trustees and authorised for issue on pce Trust

The notes form part of these financial statements

Page 24

Tigers Sport and Education Trust

Cash Flow Statement

‘

for the Year Ended 31 August 2023

2023 2022
Notes £ £
Cash flows from operating activities
Cash generated from operations 1 150,714 150,686
Interest element ofhire purchase or finance
lease rentalpayments paid - (399)
Net cash providedby operating activities 150,714 32,985
Cash flows from investingactivities
Purchase oftangible fixed assets (34,592) -
Interest received 1,356 31
Net cash (used in)/providedby investing activities (32,644) 31
Cash flows from financing activities
Capital repayments in year - (2,323)
Net cash provided by/(used in) financing activities - (2,323)
Change in cash and cash equivalents in
the reporting period 117,478 150,319
Cash and cash equivalents at the
beginning of the reporting period 628,744 478,425
Cash and cash equivalents
at the end of
thereportingperiod		 746,222 628,744

The notes form part of these financial statements

Page 25

Tigers Sport and Education Trust

Notes to the Cash Flow Statement for the Year Ended 31 August 2023

1. RECONCILIATION OF NET INCOME TO NET CASHFLOW FROM RECONCILIATION OF NET INCOME TO NET CASHFLOW FROM OPERATING
ACTIVITIES
2023 2022
£ £
Net income for the reporting period (as per the Statement ofFinancial
Activities) 56,722 137,012
Adjustments for:
Depreciation charges 5,090 8,121
Interestreceived (1,356) G31)
Interest element ofhire purchase and finance lease rentalpayments - 399
Intercompany transactions
Decrease/(increase) in debtors 113,591 (105,851)
(Decrease)/increase in creditors (23,333) 113,360
Net cash provided by operations 150,714 153,010
2. ANALYSIS OF CHANGES INNET FUNDS
At 1.9.22 Cash flow At 31.8.23
£ £ £
Net cash
Cash atbank and inhand 628,744 117,478 746,222
628,744 117,478 746,222
Total 628,744 117,478 746,222

The notes form part of these financial statements

Page 26

Tigers Sport and Education Trust

°

Notes to the Financial Statements for the Year Ended 31 August 2023

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

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)’, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all periods presented unless otherwise stated. The charitable company adopted FRS 102 in the current year and an explanation of how transition to FRS 102 has affected the reported financial position and performance is given in the notes.

The financial statements are prepared in sterling.

Going concer

The trustees assess whether the use of the going concern concept is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the company to continue as a going concern. The trustees make this assessment in respect of a period of one year from the date of approval of the financial statements.

The trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future and consequently they continue to adopt the going concern basis in preparing the annual financial statements.

Critical accounting judgements and key sources of estimation uncertainty

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Although these estimates are based on the Trustees' best knowledge of the amount, events or actions, actual results ultimately differ from these estimates. The Trustees do not consider there to be any material estimates and judgements.

Income

7

Income received for services provided is accounted for on an accruals basis.

Cash donations, gifts and legacies are included in full in the income and expenditure account as they are received. Any significant non-cash donations are included in the income and expenditure account at the trustees’ estimate of their market value when received. The value of voluntary help is not included in the accounts.

Grants and other funding of a revenue nature are deferred and released to the income and expenditure account over the period to which they relate.

Bank interest is included in the income and expenditure account on an accruals basis.

Expenditure

Expenditure is recognised on an accruals basis as a liability is incurred.

Charitable activities expenditure comprises those costs incurred in the delivery of the company's activities. It includes both costs that can be attached directly to such activities and those costs of an indirect nature necessary to support them. Indirect support costs are apportioned on a consistent basis.

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continued...

Tigers Sport and Education Trust

.

Notes to the Financial Statements - continued for the Year Ended 31 August 2023

  1. ACCOUNTING POLICIES - continued

Allocation and apportionment of costs

Support costs have been allocated between management and staff, finance, human resources, property rent and repairs, other office costs and governance costs.

Governance costs comprise all costs involving the public accountability of the charity and its compliance with regulation and good practice. These costs include costs related to statutory audit and legal fees together with an apportionment of overhead and support costs.

Support costs have been apportioned based on individual grants awarded compared to overall grants awarded. The allocation of support costs is analysed in the notes to the financial statements.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

;

Long leasehold - Straight line over 15 years Plant and machinery - 2% - 50% straight line Motor vehicles - 25% on cost

Expenditure of a capital nature is capitalised when the expended amount per item is over £200.

Taxation

The company is a U.K. registered charity and is considered to pass the tests set out in Paragraph 1, Schedule 6 Finance Act 2010. Accordingly the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3, Part II of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income and gains are applied exclusively to charitable purposes charity.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Financial instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments, including trade and other debtors and creditors are initially recognised at transaction value and subsequently measured at their settlement value.

Debtors and creditors receivable/payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the Statement of Financial Activities.

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Tigers Sport and Education Trust

Notes to the Financial Statements - continued

.

for the Year Ended 31 August 2023

2. DONATIONS AND LEGACIES

DONATIONS AND LEGACIES
2023 2022
£ £
Donations 18,153 7,390

In 2023, £18,153, of the total donation's income was attributable to unrestricted income funds (2022: £7,390) with the remaining balance of £nil (2022: £nil) adding to restricted funds.

  1. INVESTMENT INCOME

2023 2022
£ £
Deposit account interest 1,356 31
INCOME FROM CHARITABLE ACTIVITIES
. Health Education Community
and and and
Wellbeing Employment Inclusion
£ £ £
Charitable activities - 213,310 124,735
Furlough grant - - -
Grants : 77,072 380,381 326,905
77,072 593,691 451,640
2023 2022
Core and Total Total
Other activities activities
: £ £ £
Charitable activities 17,058 355,103 333,929
Furlough grant - - 44
Grants 90,073 874,431 1,044,220
107,131 1,229,534 1,378,193
Grants received, included in the above, are as follows:
2023 2022
£ £
Premier League Kicks 247,616 204,123
PremierLeague Primary Stars / School Sport
150,000 140,000
NCS 85,841 337,681
Other Grants 35,572 7,944
Premier League Inspires 75,000 70,000
PremierLeague Kicks Targeted 23,147 45,000
Premier League Core Funding 54,500 65,000
Tigers Together ~~ 7,355 -
Tigers Team Mates 7,000 35,796
Holiday Action Fund 38,042 29,434
Carriedforward 724,073 934,978

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Tigers Sport and Education Trust

Notes to the Financial Statements - continued

.

for the Year Ended 31 August 2023

4. INCOME FROM CHARITABLE ACTIVITIES - continued

2023 2022
£ £
Brought forward - 724,073 934,978
Kickstart Scheme - 19,432
Training Ground - 12,725
Care To Dream - 450
Active Through Football 38,176 5,154
Change Makers 1,288 7,000
Tigers Pathways (ESIF) 45,126 58,487
Waiting Well ° 24,675 5,994
USW 23,127 -
Youth Justice 16,966 -
Premier LeagueWomen& Girls 1,000 -
874,431 1,044,220
5. RAISING FUNDS
Other trading activities
2023 2022
£ £
Bad debts . - 4,487
6. CHARITABLE ACTIVITIES COSTS
Support
Direct costs (see
: Costs note 7) Totals
£ £ £
Health and Wellbeing 56,440 1,247 57,687
Education andEmployment 511,038 25,538 536,576
Community and Inclusion 412,431 13,209 425,640
Core and Other 124,984 78,559 203,543
‘ 1,104,893 118,553 1,223,446

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Tigers Sport and Education Trust

Notes to the Financial Statements - continued for the Year Ended 31 August 2023

7. SUPPORT COSTS

||;|Finance|Property
& rent|Other office
costs|| Governance
costs|Totals| |---|---|---|---|---|---|---| |||£|£|£|£|£| |Health and Wellbeing||-|-|1,247|-|1,247| |Education andEmployment||65|-|25,473|-|25,538| |Community and|Inclusion|2,189|-|11,020|-|13,209| |Core and Other||311|9,981|32,774|35,493|78,559| ||:|2,565|9,981|70,514|35,493|118,553|

  1. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

9.

2023 2022
£ £
Depreciation - owned assets 5,090 8,121
AUDITORS' REMUNERATION
2023 2022
£ £
Fees payable to the charity's auditors and their associates forthe audit ofthe
charity'sfinancialstatements 8,636 8,823
  1. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees’ remuneration or other benefits for the year ended 31 August 2023 nor for the year ended 31 August 2022.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 August 2023 nor for the year ended 31 August 2022.

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Tigers Sport and Education Trust

Notes to the Financial Statements - continued for the Year Ended 31 August 2023

11. STAFF COSTS

----- Start of picture text -----
||||||| |---|---|---|---|---|---| |2023|2022| |£|£| |Wages|and|salaries|895,067|949,536| |Social|security|costs-|61,724|63,073| |Other pension|costs|15,729|18,246| |972,520|1,030,855| |The|average monthly number of employees|during|the year was|as|follows:| |2023|2022| |Line Management|-|9| |Delivery|Staff|-|50| |57|59|

----- End of picture text -----

The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was:

£70,001 - £80,000

----- Start of picture text -----
||| |---|---| |2023|2022| |1|1|

----- End of picture text -----

The trustees consider the board of trustees, the community manager and Chief Executive Officer as comprising the key management personnel of the charity in charge of directing, controlling and operating the charity on a day to day basis. All trustees give their time freely and no trustee remuneration was paid in the period. The total remuneration and other benefits (including employer contributions) paid on behalf of key management personnel for their services to the charity was £78,597 (2022: £78,234).

----- Start of picture text -----
||||||| |---|---|---|---|---|---| |12.|COMPARATIVES|FOR THE STATEMENT OF FINANCIAL ACTIVITIES| |Unrestricted|Restricted|Total| |funds|funds|funds| |£|£|£| |INCOME|AND|ENDOWMENTS|FROM| |Donations|and|legacies|7,390|-|7,390| |Charitable|activities| |Health|and|Wellbeing|33,664|29,432|63,096| |Education|and Employment|-|815,121|815,121| |Community|and|Inclusion|115,470|254,662|370,132| |Core|and|Other|129,844|-|129,844| |Investment|income|~|31|-|31| |Other|income|10,739|10,938|21,677| |Income from|commercial|operations|167,882|-|167,882| |Total|465,020|1,110,153|1,575,173| |EXPENDITURE|ON| |Raising|funds|-|4,487|4,487| |Charitable|activities| |Health|and Wellbeing|34,524|14,839|49,363|

----- End of picture text -----

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Tigers Sport and Education Trust

Notes to the Financial Statements - continued for the Year Ended 31 August 2023

12. COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted Restricted Total
funds funds funds
£ £ £
Education andEmployment 811 662,683 663,494
Community and Inclusion 94,827 226,550 321,377
Core and Other 232,234 - 232,234
Expenditure from commercial operations 167,206 - 167,206
Total 529,602 908,559 1,438,161
NETINCOME/(EXPENDITURE) (64,582) 201,594 137,012
Transfers between funds 204,540 (204,540) -
Net movement in funds 139,958 (2,946) 137,012
RECONCILIATION OF FUNDS
Total funds brought forward 237,510 125,648 363,158
TOTAL FUNDSCARRIED FORWARD 377,468 122,702 500,170
13. TANGIBLE FIXED ASSETS
GROUP
Long leasehold _—Plantand
improvement machinery Totals
£ £ £
COST
At 1 September 2022 38,676 171,542 210,218
Additions - 34,592 34,592
At 31 August2023 38,676 206,134 244,810
DEPRECIATION
At 1 September2022 15,548 171,329 186,877
Charge foryear
:		 2,594 2,495 5,089
At 31 August2023 18,142 173,824 191,966
NET BOOKVALUE
At 31 August2023 20,534 32,310 52,844
At31August 2022 23,128 213 23,341

;

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Tigers Sport and Education Trust

Notes to the Financial Statements - continued for the Year Ended 31 August 2023

13. TANGIBLE FIXED ASSETS

CHARITY

CHARITY
Plant and Motor
machinery vehicles Totals
° £ £ £
COST
At 1 September2022 141,663 15,600 157,263
Additions - 34,000 34,000
At 31 August2023 141,663 49,600 191,263
DEPRECIATION
At September 2022 141,492 15,600
Charge foryear 171 2,267 2,438
At 31 August2023 141,663 17,867 159,530
NET BOOKVALUE
At 31 August2023 - 31,733 31,733
At31August2022 171 - 17]

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Notes to the Financial Statements - continued for the Year Ended 31 August 2023

  1. FIXED ASSET INVESTMENTS

Tigers Sport and Education Trust

FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£
MARKET VALUE.
At 1 September 2022 and 31 August 2023 100
NET BOOKVALUE
At31 August 2023 100
At31August2022 100

There were no investment assets outside the UK.

The company’s investments at the balance sheet date in the share capital of companies comprise the following:

The Tigers Trust Arena Limited

Registered office: The Tigers Trust Arena, Walton Street, Hull, England, HU3 6GA Nature of business: Hiring of facilities.

%
Class ofshare: . Holding
Ordinary 100
2023 2022
£ £
Aggregate capital and reserves 6,858 9,143
Profit/(Loss) forthe year 2,285 4,048)
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Group Charity
2023 2022 2023 2022
£ £ £ £
Trade debtors 11,476 24,081 3,416 18,700
Other debtors 579 576 91 -
VAT : “ . . “
Amounts owedby group undertakings - - 94,810 95,130
Prepayments and accrued income 39,054 140,045 38,056 139,098
$1,109 164,702 136,373 253,149
  1. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

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Tigers Sport and Education Trust

Notes to the Financial Statements - continued for the Year Ended 31 August 2023

16. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Group Charity
° 2023 2022 2023 2022
£ £ £ £
Trade creditors 10,603 31,020 9,115 34,890
VAT 5,108 3,779 - -
Other creditors 8,687 12,496 8,743 12,148
Accruals and deferred income 268,885 269,321 236,235 237,557
293,283 316,616 254,093 286,595

Deferred income totalling £200,782 (2022: £192,658) relates to projects continuing or commencing after the year ended 31st August 2023.

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Tigers Sport and Education Trust

Notes to the Financial Statements - continued for the Year Ended 31 August 2023

17. |.[MOVEMENT][IN][ FUNDS]

||.[MOVEMENT] [IN][ FUNDS][ FUNDS]||||| |---|---|---|---|---| ||.[MOVEMENT]||Net|Transfers|| |||movement|between|At| ||At 1.9.22|in funds|funds|31.8.23| ||£|£|£|£| |Unrestricted funds||||| |General fund
.|374,182|(42,017)|97,790|429,955| |Kickstart Scheme|3,286|-|-|3,286| |USWFoundation Degree|-|11,405|(2,313)|9,092| |Tigers Together|-|(2,216)|2,507|291| |Tigers Team Mates|-|5,330|(3,942)|1,388| ||377,468|(27,498)|94,042|444,012| |Restricted funds
-||||| |Premier League Kicks|54,983|572|(24,310)|31,245| |Primary Stars|9,802|33,641|(31,712)|11,731| |Premier League Senior Schools HUB|10,733|-|-|10,733| |NCS|6,771|8,035|(9,995)|4,811| |PremierLeague Inspires|105|12,780|(11,619)|1,266| |PremierLeague Kicks Targeted|3.233|5,688|(2,315)|6,606| |Active Through Football|-|5,619|(3,536)|2,083| |Change Makers|-|1,272|(129)|1,143| |Holiday ActionFund|32,159|13,065|(3,804)|41,420| |Tigers Pathways (ESIF)|4,916|(4,218)|(4,513)|(3,815)| |PAC2|-|313|(313)|-| |PremierLeague Women& Girls|-|1,000|(100)|900| |Youth Justice
;|-|6,453|(1,696)|4,757| ||122,702|84,220|(94,042)|112,880| |TOTALFUNDS|500,170|56,722|-|556,892|

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Notes to the Financial Statements - continued for the Year Ended 31 August 2023

Tigers Sport and Education Trust

17. MOVEMENT IN FUNDS- continued

Net movement in funds, included in the above are as follows:

----- Start of picture text -----
||||||| |---|---|---|---|---|---| |Incoming|Resources|Movement| |resources|expended|in|funds| |£|£|£| |Unrestricted|funds|©| |General|fund|467,082|(509,099)|(42,017)| |USW|Foundation|Degree|23,127|(11,722)|11,405| |Tigers|Together|7,355|(9,571)|(2,216)| |Tigers|Team|Mates|7,000|(1,670)|5,330| |Restricted|funds|;|504,564|(532,062)|(27,498)| |Premier League|Kicks|247,616|(247,044)|572| |Primary|Stars|317,110|(283,469)|33,641| |NCS|85,841|(77,806)|8,035| |Premier|League|Inspires|126,998|(114,218)|12,780| |Premier League|Kicks|Targeted|23,146|(17,458)|5,688| |Active|Through|Football|38,177|(32,558)|5,619| |Change|Makers|1,288|(16)|1,272| |Holiday|Action Fund|38,042|(24,977)|13,065| |Tigers|Pathways|(ESIF)|45,125|(49,343)|(4,218)| |PAC2|3,163|(2,850)|313| |Premier League|Women &|Girls|1,000|-|1,000| |Youth|Justice|16,966|(10,513)|6,453| |944,472|(860,252)|84,220| |TOTAL FUNDS|1,449,036|(1,392,314)|56,722|

----- End of picture text -----

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Tigers Sport and Education Trust

17. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

----- Start of picture text -----
||||||||| |---|---|---|---|---|---|---|---| |Net|Transfers| |movement|between|At| |At|1.9.21|in|funds|funds|31.8.22| |.|£|£|£|£| |Unrestricted|funds| |General|fund|234,224|(82,968)|222,926|374,182| |Kickstart|Scheme|3,286|3,201|(3,201)|3,286| |USW Foundation|Degree|-|(811)|811|-| |Tigers|Together|-|(753)|753|-| |Tigers|Team|Mates|-|16,749|(16,749)|-| |237,510|(64,582)|204,540|377,468| |Restricted|funds| |Premier League|Kicks|55,480|19,859|(20,356)|54,983| |Primary|Stars|32,568|6,387|(29,153)|9,802| |Premier League|Senior|Schools|HUB|14,806|718|(4,791)|10,733| |NCS|-|120,689|(113,918)|6,771| |Premier|League|Inspires|-|7,338|(7,233)|105| |Premier|League|Kicks|Targeted|-|7,733|(4,500)|3,233| |Training|Ground|2,286|(166)|(2,120)|-| |Active|Through|Football|-|515|(515)|-| |Change|Makers|-|890|(890)|-| |Holiday|Action Fund|20,508|14,594|(2,943)|32,159| |Tigers|Pathways|(ESIF)|-|23,037|(18,121)|4,916| |125,648|201,594|(204,540)|122,702| |TOTAL FUNDS|363,158|137,012|-|500,170|

----- End of picture text -----

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Tigers Sport and Education Trust

Notes to the Financial Statements - continued for the Year Ended 31 August 2023

  1. MOVEMENT IN FUNDS- continued

Comparative net movement in funds, included in the above are as follows:

----- Start of picture text -----
|||||||| |---|---|---|---|---|---|---| |Incoming|Resources|Movement| |resources|expended|in|funds| |£|£|£| |Unrestricted|funds| |General fund|.|403,791|(486,759)|(82,968)| |Kickstart|Scheme|19,433|(16,232)|3,201| |USW|Foundation Degree|1|(812)|(811)| |Tigers|Together|6,000|(6,753)|(753)| |Tigers|Team|Mates|35,795|(19,046)|16,749| |.|465,020|(529,602)|(64,582)| |Restricted|funds| |Premier League|Kicks|204,509|(184,650)|19,859| |Primary|Stars|296,033|(289,646)|6,387| |Premier League|Senior|Schools HUB|47,906|(47,188)|718| |NCS|339,431|(218,742)|120,689| |Premier League|Inspires|72,333|(64,995)|7,338| |Premier|League|Kicks|Targeted|45,000|(37,267)|7,733| |Training|Ground|(57)|(109)|(166)| |Active|Through|Football|5,150|(4,635)|515| |Change|Makers|7,000|(6,110)|890| |Holiday|Action|Fund|29,434|(14,840)|14,594| |Tigers|Pathways|(ESIF)|63,414|(40,377)|23,037| |:|1,110,153|(908,559)|201,594| |TOTAL FUNDS|1,575,173|(1,438,161)|137,012|

----- End of picture text -----

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Tigers Sport and Education Trust

. Notes to the Financial Statements - continued for the Year Ended 31 August 2023

17. MOVEMENT IN FUNDS- continued

A current year 12 months and prior year 12 months combined position is as follows:

----- Start of picture text -----
||||||||| |---|---|---|---|---|---|---|---| |Net|Transfers| |movement|between|At| |At|1.9.2]|in|funds|funds|31.8.23| |£|£|£|£| |Unrestricted|funds|-| |General|fund|234,224|(124,985)|320,716|429,955| |Kickstart|Scheme|3,286|3,201|(3,201)|3,286| |USW Foundation|Degree|-|10,594|(1,502)|9,092| |Tigers|Together|-|(2,969)|3,260|291| |Tigers Team Mates|-|22,079|(20,691)|1,388| |.|237,510|(92,080)|298,582|444,012| |Restricted|funds| |Premier League|Kicks|55,480|20,431|(44,666)|31,245| |Primary|Stars|32,568|40,028|(60,865)|11,731| |Premier League|Senior|Schools HUB|14,806|718|(4,791)|10,733| |NCS|-|128,724|(123,913)|4,81]| |Premier|League|Inspires|-|20,118|(18,852)|1,266| |Premier League|Kicks|Targeted|-|13,421|(6,815)|6,606| |Training|Ground|2,286|(166)|(2,120)|-| |Active|Through|Football|-|6,134|(4,051)|2,083| |Change|Makers|-|2,162|(1,019)|1,143| |Holiday|Action|Fund|20,508|27,659|(6,747)|41,420| |Tigers|Pathways|(ESIF)|-|18,819|(22,634)|(3,815)| |PAC2|;|-|313|(313)|-| |Premier|League|Women &|Girls|-|1,000|(100)|900| |Youth|Justice|-|6,453|(1,696)|4,757| |125,648|285,814|(298,582)|112,880| |TOTAL FUNDS|363,158|193,734|-|556,892|

----- End of picture text -----

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Tigers Sport and Education Trust

: Notes to the Financial Statements - continued for the Year Ended 31 August 2023

  1. MOVEMENT IN FUNDS- continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

----- Start of picture text -----
||||||| |---|---|---|---|---|---| |Incoming|Resources|Movement| |resources|expended|in|funds| |£|£|£| |Unrestricted|funds| |General|fund|:|870,873|(995,858)|(124,985)| |Kickstart|Scheme|19,433|(16,232)|3,201| |USW Foundation Degree|23,128|(12,534)|10,594| |Tigers|Together|13,355|(16,324)|(2,969)| |Tigers|Team Mates|42,795|(20,716)|22,079| |.|969,584|(1,061,664)|(92,080)| |Restricted|funds| |Premier League|Kicks|452,125|(431,694)|20,431| |Primary|Stars|613,143|(573,115)|40,028| |Premier League|Senior|Schools HUB|47,906|(47,188)|718| |NCS|425,272|(296,548)|128,724| |Premier League|Inspires|199,331|(179,213)|20,118| |Premier League|Kicks|Targeted|68,146|(54,725)|13,421| |Training Ground|(57)|(109)|(166)| |Active|Through|Football|43,327|(37,193)|6,134| |Change|Makers|8,288|(6,126)|2,162| |Holiday|Action Fund|67,476|(39,817)|27,659| |Tigers|Pathways|(ESIF)|108,539|(89,720)|18,819| |PAC2|3,163|(2,850)|313| |Premier League|Women &|Girls|1,000|-|1,000| |Youth|Justice|16,966|(10,513)|6,453| |2,054,625|(1,768,811)|285,814| |TOTAL FUNDS|3,024,209|(2,830,475)|193,734|

----- End of picture text -----

Transfers between funds

The transfers between funds relate to excess income on specific projects which have been delivered, together with an allocation to specific projects which require additional funding.

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Tigers Sport and Education Trust

Notes to the Financial Statements - continued : for the Year Ended 31 August 2023

  1. EMPLOYEE BENEFIT OBLIGATIONS

During the period the charitable company paid £14,611 (2022: £17,055) into defined contribution schemes. The expense and liability are allocated between unrestricted and restricted funds based on employee's time between projects. There was £6,750 outstanding at the period end (2022: £7,809).

  1. CONTINGENT LIABILITIES

The company is limited by members' guarantees and therefore has no share capital.

In the case of a winding-up, members have undertaken to contribute to the charity's assets to a maximum of £10 per member. The total number of members as at 31st August 2023 was four.

RELATED PARTY DISCLOSURES

Owing to the nature of the Charity's operations and the composition of the board of trustees being drawn from local public and private sector organisations, it is inevitable that transactions will take place with organisations in which a member of the board of trustees may have an interest. All transactions involving such organisations are conducted at arm's length and in accordance with the Charity's normal procurement procedures.

During the year ended 31st August 2023, there were no further related party transactions other than key management remuneration and transactions with the subsidiary company, The Tigers Trust Arena Limited.

Key management remuneration is disclosed in note 9.

The charity owns the whole of the issued ordinary share capital of The Tigers Trust Arena Limited, a company registered in England. All activities have been consolidated on a line by line basis in the Statement of Financial Activities. A summary of the results of the subsidiary is shown below:

; Total Total
2023 2022
£ £
Turnover 177,882 141,665
Cost ofsales (18,030) (11,476)
Gross profit 159,852 130,189
Administrative expenses (162,338) (160,454)
Other operating income 200 26,217
Net profit/(loss) (2,286) (4,048)
The aggregate ofthe assets, liabilities and funds was:
Assets
Liabilities
;		 140,369
(133,511)		 147,097
(137,954)
Aggregatecalledupsharecapitalandreserves 6,858 9,143

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:

21. NET INCOMING RESOURCES OF PARENT CHARITABLE COMPANY

As permitted by Section 408 of the Companies Act 2006, the statement of Financial Activities of the parent charitable company is not presented as part of these financial statements. The parent charitable company's net incoming resources for the year to 31st August 2023 was £59,008 (2022: £141,060).

This page does not form part of the statutory financial statements

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