Reglstèréd Company Number: 04384765
Reglstered Charity Numbor: 1096244
BLUECOAT SPORTS
REPORT AND FINANCIAL STATEMENTS
YEAR ENDED 31 AUGUST 2020

BLUECOAT SPORTS
REPORT AND FINANCIAL STATEMENTS
YEAR ENDED 31 AUGUST 2020
Officers and Professional Advisors
Dlrectors and Charlty Trustees
Members of the Board of Trustees are the charity trustees of Bluecoat Sports under charity law and
the directors of Ihe charitable company. The members of the Board who served durfng the year and
subsequently 8re detailed below.
James Maclean, Bsc Hong Ichaimianl
Nigel Currie
Patrick Dearslèy, MA {Cantsbl (Independent Trustee)Ito 29 July 20201
Roger Eades. ACMA
Paul Guyer, MRICS
Keith Willder MBE
Company Secrotary
J8cqui Duggan
Roglst?r•d Offl¢•
The Countlng Houae
Chrlst's H08pil81
Hor8h8m
West Sussex
RH13 OYP
Audltor
Crowe U.K. LLP
55 Ludgate Hlll
London
EC4M 7JW
Bank•r
Barclays Bank plc
2 C8rfax
Horsham
West Sussex
RH12 1DN
Sollcltor
Mill$ and Reeve LLP
Botanic House
100 Hills Road
Cambridge
CB2 1PH

BLUECOAT SPORTS
TRUSTEES, REPORT
YEAR ENDED 31 AUGUST 2020
The Trustees of Bluecoat Sports (the Charitable Company, known as Bluecoats} present their
annual ￿port for the yoar 8nded 31 August 2020 under the Charities Act 2011 and the Companies
Act 2006. Ihus indudlng the DlreGtors' Report and Strategic Report undér the 2006 A¢t, togelher
wllh the aLKJlted financial statements for the year.
STRUCTURE. AIMS AND GOVERNANCE
Constltutlon and objects
The Charitable Comp8ny was est8blished in 2002. It is constiluled 88 8 company Ilmlted by
guarantee registered in England, number 04384765, and is regISte￿d with the Ch8rity Cornrnlsslon
under charity number 1096244. The Charitable Company's activities 8re governed by its
Memorandum and Articles ofAs8ociation dated 1 March 2002, as amended by Ihe special resolutlon
dated 1 March 2012.
The Charitable Compan￿8 objects as set out In the Memorandum of Associatlon are to..
provlde facilitl8S to Christ's H¢)spilal for physical educatlon and tralnlng for per80nal
le8mwork development.,
promote physlcal health 8nfJ fitne88 amongst the pupils of Chri8t'8 Ho8pltal,'
provlde f8cllltie5 to local schools. local authority organisation8 and ¢hanties for the
purpose8 of physical education and training for personal and teamwork development:
and
promote physlcal he81th and fitness amongst the wider community.
AIMS, OBJECTIVES AND ACTIVITIES
Alm8
The Charitable Companls aim for the public benefit Is to provide safe, 8ecure and up-to￿ate
sporting and exercise facilities for pupils at Christ's Hospital. local schools, local authority
organisab'ons, Charftles and the wider community.
GOVERNANCE AND MANAGEMENT
Board of Tru81•08
The Board of Truste88 (the Board) consists of at least three and not more than slx individuals. All
but one (the indepondent Trustee) are r￿mInated by Christ's Hospital Ifomierly Christ's Hospltsl
School). The independent Truslee 1$ nominated by the Board of Bluecoats and must not be a Trustee
or employee of Christ's Hospital or any of its subsidi8ry undertakings.
The Board tskes its govemance responsiblllties serlou8ly and aims to have 8 govern8nc8 framework
that is flt for purpose, compliant and efficient. Bluecoats, policy and practice have been reviewed
against the Charity Governance Code. Many of the provisions are covered as part of Bluec08ts'
relationship with the govemance of Chrisl's Hospital. In particular, the Audit and Risk Committee
provides oversight and challenge for Bluecoats, Trustees. The Board has In place a programm8 for
continuou8 development. During the ye8r a key area of focus was the development of a matrix
against which to evaluate the performance of the Board and of individual Trustees.
Recruitm&nt, induGtion and training of Trustees
New Trustees are requI￿d to attend an induction meeting which explain5 the objectives of the
Charity and the responslbllitles of the Trustees.

BLUECOAT SPORTS
TRUSTEES, REPORT
YEAR ENDED 31 AUGUST 2020
Organlsatlonal management
The members of the Board, as the charity trustees, are legally responsible for the overall
management and control of Bluecoats. The Board meets at least th￿e times a year and acts in the
Sole interest of Blue¢oat$.
The day-lo-day runninq of Bluecoats is delegated to a Senlor Management Team, comprising the
Commerclal Manager, who reports to the Chief Operating Officer of Christ's H05pltal, the Centre
Manager and Operations Manager.
Related partlès
The Charitable Company Is a'controlled, ch8rfty in8ofar89 Christ's Hospital controls the appointment
of the majority of the Trustees.
STRATEGIC REPORT
STRATEGIES TO ACHIEVE THE PRIMARY OBJECTIVES
DU￿ng the fir8t 8lXth months of th6 year September 2019 to March 2020, the group exercise.
swmming and fitness Ilmetables were revi8wed and expanded, with new classes and 8cllvltie8
offered for our core membership groups. We also continued to hirè out our fac111￿8$ to local clubs
and schools for dlfferenl activibes.
Bluecoats continued to implement its programme of staff training and attendanc8 at internal training
ses5ion8 has remained hlgh in the key operational areas. Structured and focused training has
Improved the custom8r Service skllls of a number of $tsff.
Facilities hav8 been enhanced and Improved. Completed projects included the opening of "The
Fitness Yard" in September 2019. This all-weather strength and conditioning outdoor fitness space,
18 Ihg flr8t of its kind in 8 dual-use Independent school settlng and Is available to pupi18 and mèmbers.
The club was affected by the nalional lockdown due to COVID-19 and c108ed to the public on 21
March 2020. The club re-opened to the publlc for all outdoor sessions and classes on 6 July InStlally,
payment was on a PAYGO basis only. Thi5 provided the opportunity to test the set up before
restarting indoor activities on 25 July 2020, onrA gov8mment guidance changed to allow thi8.
ACHIEVEMENTS AND PERFORMANCE
Provide facililios to Chrlst's Hospital
Th8 rnain focus of Bluecoals, activities remains the provision of sporting facilities to Christ's Hospital
to support the health and wellbeing of its pupils. Approximately 550/0 of the time available in the Gore
f8cilities (pool, frtness suite, sports hall and gymnaslum) is tsken up by Christ's Hospital during tem
time.
Pupils of Christ's Hospital have achieved some notable succ8sses durlng this academic ye8r. All of
these pupils used Bluecoats, facilities for a rnajor part of their training. The Trustees congratulate
Ihe puplls on their efforts and their successes arKJ thank the staff of Bluecoats for their support for
all the pupils of Christ'g Hospital.
Promote physic81 h881th and fitness amongst the pupils of Christ's Hospital
All pupils a￿ inducted Into the fitness suite by a Bluecoats fitness instructor. We have a robust
monitoring system to ensure that 811 pupils using the facilities have undergon8 suitable instruction
and that they have the infomiation and tools to achieve their health and filness goals. In conjunction
with Christ's Hospitsl's PE Department. Bluecoats provides a multitude of activtties to promole health
and wellbeing. including aerobic, mind and body and core stability exercise classe5.

BLUECOAT SPORTS
TRUSTEES, REPORT
YEAR ENDED 31 AUGUST 2020
Option81 activities for puplls have included badminton. swimming. fitness training. dancing, squash,
m8rt181 arts, yoga and slep aerobics. During social periods in the evenings, the main halls a￿ used
for football, basketb811, badminton and crick8t trainiro by both pupils and stsff.
Provlde facilities to local schools, local authority organisatN)ns and Gharitigs for the purposes of
physical eduGation and training for personal and t88mwork development
Bluecoats continues to be popular with local schools and community clubs, such a8 th8 Horsham-
based Ready and Able Club. Horsham Hockey and Southwater Roya15 football club, along with
Wamham Village Primary School and Amphibians triathletes.
Bluecoats, facilities are u8ed by 36 local clubs and groups. All of these u8ers benefitfrom discounted
r8le$.
Promot8 physical h&alth and fllness an70ngst the widgr community
Bluecoats provides services to approximately 2,500 mernb8rs from the local community. In addlllon,
8118dult exerclse classes, chbldren's courses and cla88eg (including Swimming lessons) a￿ open to
the general public at prices set in accorda￿9 wlth the lo￿1 market.
To prornot& health and fitness to the wider community, Bluecoals has engaged In a number of local
and national events wlth great success, includlng hostlng the Set4Succes8 Awards to support
talented young sports people lo achieve their potential. Among other events, BIu8coats staff and
members took part in the Technogym Let's Move Campaign online during June 2020.. Bluecoals
Supported members planning lo run the Virgin Money London Marathon in support of Children wlh
Cancer in April 2020., staff undertook a spinathon for ChSldren in Need.. 8nd the centre supported a
member completing a spinathon In aid of St Catherine'8 Hosplce.
Lelsure facllltles acro88 th8 country were severely impacted by the n8llonal lockdown introduced lo
combat COVlD-19 and 81uecoats was no different. The closure of the indoor facilities forfour months
Inevitably affected the ability of Bluecoals to engage wilh ils members and the widor communlty in
general {Iher8 was little impact on the School, which was closed for the whole summer lerml. It Is
believed that this engagement can be ￿-bUilt, but the sP88d al whlch it can ￿ 8chi8ved wlll be
determlned by the way the pand8mlc d8velops in the coming months.
PUBLIC BENEFIT
In setting our objectives and planning our activities the Trustees have given careful con3id8ratlon to
the Charlty Commission's general guidance on public benefit and In partlcular to its 8upplementary
public benefit guidance on advanclng education and fèe charging.
The fee charged to Christ's Hospital is discounted by 25010 lcirca £100kl in comparison lo the
commercial rate and there are no addition81 charges to puplls who use the facilities for social
activities which include use of the fitness Suite, so¢i81 a￿8$ and sports halls.
In 2019-20, only 250/0 of pupils attending Chrfst's Hospital paid full fees, 311/0 received 51aff di8count8,
110/0 attended at no cost and the remaining 61 % made a contribution which. in most cases, was f8r
below the full fee. Bluecoats thus delivers public benefit in making its fa¢ilille$ avallable to these
pupils, none of whom are charg8d directly for their use of the Centre, either as part of the curriGulum
or out5id8 school hours.
Membership fees for the community are on a p8r wlth local leisure facilltles and non4nember8 are
able to attend many of the activities for a small charge which is comparable with local leisure
facilities.
Local community groups also benefit from substantial discounts compared to the commercial rate
with significant discounts for the Ready and Able Club which pays 5 /0 of the commercial rate. Again.

BLUECOAT SPORTS
TRUSTEES, REPORT
YEAR ENDED 31 AUGUST 2020
Bluecoats deliver8 public benefit in making its facllities avallable to Ihe members of these groups,
none of whom are charged direcdy for their use of the Centre.
FINANCIAL REVIEW
Results for the y&ar
Income for the year was £1.57 million12019'. £1.99 million), with n8t ouffiow of £237.000 12019..
£57,000). The prior year loss was after expenditure tolalling £116,000 on the d8velopmenl of a
p18n for the future expansion of the f8¢ilitie8. That expenditure had been approved by the Board in
the light of plans to expand BlueGoats to provide improv&d facilities for the School and the local
community. The results for the year ended 31 August 2020 were signific8ntly impacted by COVID-
19 8nd the first national lockdown with a loss of membership and income. The1088 was partially
mlllgaled by the Coronavirus Job Relentlon Scherne funding. However, whilst memb8rship numb8rs
started to recover slowly following reopenlng in July 2020, Ihe second national lockdown In
November 2020 amid increasing infection rate5 is likely to188d to ch811enge8 for the company in the
next financlal year.
The exp8rlence of operatlng Bluecoats in the COVID-19 period has underllned that the op8ration Is
well-placed to recover over Ihe medium term, provided th81 indoor fitness aclivltles 8re 8ble to
function al least 8t th8ir ne￿ cap8city levels. Feedback from Bluecoatg. users on the measure8
taken lo organi58 fitness activities safely, and in particular on th8 Professionalism of gtsff, has been
overwhelmingly posltlve and has underlined the Strong relationshlp with the membership base. While
80me parts of the BIu8coats offering have been scaled back lo ensure COVIO-safely, the centre has
offered as close to Sts regular timetables as possible. Ind8ed. there are e18ments of the changes
introduced due to COVID-19 which management will seek to retain, as th8y improve the customer
experience for both pupils and members. The operation wll continue to be tightly managed while
uncertainly about th8 operating environment persists.
The financlal 8u818inablllty of Bluecoats 18 consldered further on page 6 of thls report.
Investment policy
Bluecoats malntalns sufficient cash in its curient account to meet day-to-day requirement8. Amounts
surplus to this are deposited with CCLA via the Chnst's Hospital group cash pooling facility al
acceptable risk and attracting interest at more favourable rates than Bluecoats, current account. Al
31 Augu812020, £0.2 million12019'. £0.7 million) of Bluec081s cash was held in the group cash
pooling facility. The￿ a￿ no pl8ns to inve8t in any long8r-tem instruments or for higher returns
where increased risk is a factor.
Fundraising
Blue¢oats does not undertake fundralslng and is therefore not reglstered with the Fundralslng
Regulator.
RESERVES LEVEL AND POLICY
Th8 policy is lo hold free reserves of vp to months, runnlng costs1£342,0001. At 31 August
2020, Bluecoats had ￿serveS of £382.000. These are r8presented by the net book value of fixed
assets of £225,000 and free reserves of £157,000. Free reserve5 are held to enable Bluecoats to
continue to provide an educational facility for pupils of Christ's Hospital and spurts facilities for the
public but have been depleted in the current financial year due to COVID-19. The financial
sustainability of Bluecoats is considered further in the Financlal SustsSnability paragraph later in this
report.

BLUECOAT SPORTS
TRUSTEES, REPORT
YEAR ENDED 31 AUGUST 2020
REMUNERATION POLICY
The Board considers and approves remungr81ion levels for all staff, including key management
personnel. A decision is laken annually with due regard to local markel forces and fitness indu8try
norms and the need to ensure that the team 18 fairty and equitably rewarded and motivated.
TRUSTEES AND PROFESSIONAL ADVISERS
The Trustees and professional advisers durlng the year are those listed on page 1.
FUTURE PLANS
COVID-19 h85 had an impact on future plans with the complete closure of the facllity for a significant
period of 2020 having a financial impact. Whilst this may delay some plans in the short lemi,
Blueco8ls will contlnu8 to enhance the service8 which it offer8 10 ils customers and combine the
obleclives of Chflst's Hospit81 with the fitne8$ aspirations of the k)cal community to provide a first
ra18 facility.
M81nlalning the building is an important part of the future. The Bluecoal Sports Planned MaSntenance
Programme Working Group which con818ts of Christ's Hospllal 8nd Bluecoat Sports representatives
completed thè fourth year of V￿rks.
RISK MANAGEMENT
The Board Is responsible for the m8n8gement of the nsk8 faced by the Charltsble Company.
Detsiled considerations of rlsk are delegated to senior staff. Risks are identified, assessed and
controls established throughout the year. A formal review of the Charitable Company's risk
rnanagement processes Is und8rtakèn on an annual basls.
The key controls Include..
str81egic planning, budgeting and management acGounting',
Established organi881ional and governance structure and Ilnes of reportlng,.
Formal written policles.,
Formal agenda8 for Board activity., and
Hler8rchical aulhorls81ion and approval levols.
In addlllon, the Trustees are committed to safeguarding and promoting the welfare of chIld￿n and
young peopl8 and we expect all staff and volunteers to share this commltment. All successful
candidates musl consent for Bluecoats to seek written references and musl provid8
documentary proof of quallfi¢ations and proof of their identity. Any offer of employrnent is conditional
on all of these being salisfaclory.
Prlnclpal rl8k8 and uneértalntles
The principal rfsks facing Bluecoals relate to the heallh and safety of the pupils and member8 and
the welfare of the pupils. Robust procedur88, wllh regular checks and balances. are in place to
ensure that these risks ar8 minimised.
Through the risk management processes estsblished by Bluecoals, the Trustees a￿ satisfied that
the major risks identified have been adequatoly mitigated. It is recognised Ihat systems can only
provide reasonable but not absolute assurdnce that major risks have been adequately managed.
Financlal sustalnablllty
While Bluec08ts has developed a tried and tested programme with the School over many years and
built up a strong local brand and member loyalty. the complete closure of the facility for a Signif￿an1

BLUECOAT SPORTS
TRUSTEES, REPORT
YEAR ENDED 31 AUGUST 2020
perfod of last year had, as should be expected, a significant financial impact. The Feriod of re-
opening has been encouraging. with membership numbers starting to recover and a strong sense
that Bluecoats had emerged from the lockdown period in beller shape than many of it5 local
competstors.
Flnancial plans have been reforecast a number of times to allow for successful operation at
considerably lower membership numbers than before the pandemic, with overall costs scaled back
accordingly. While the second lockdown poses further challenges for the implernenlation of recovery
plans, it 1$ expected that re-opening and re-engagement with members wlll be much more
straightforward, given th8t staff and members now know what to expect. On that basis, it is believad
that membership numbers can be brought back to the level required over the course of the current
y88r to ensure the financi81 Sustainabillty of Bluecoats.
In the worst case scenario, which would be exiended perfod8 of lo¢kdown, there would be a nee(1
to consider more drastlc action to address the cost base of Blueco8ts. bul il should be noted th8t
there is an expeclatlon that education will not be sublect to lockdown and that Bluecoals S￿11
continue lo fulfil a vital function for the School. If it becomes likely that public access lo Bluacoats
will be reslncted for an extended period of lime. il Is believed that operatlons can be reconfigured
in a w8y to allow for School us8ge only, minlmising costs and conserving cash, until such tlme as It
Is p0s8ible lo fully re-open but there may be difficulty in settling certain Inte￿oMpanY balances from
July 2021. In the unlikely ovent of those Circumstances occurring, the Council of Christ's Hospital
has agreed that it would not demand payment of intercompany balances for up lo 12 months from
the dale of approval of the flnanclal slalements. Accordlngly. the Board b81ieves that Bluecoats can
continue as a going concern for the foreseeable future. being 8t least 12 months from the date of
approval of the financial statements and h8ve therefore prepared the fln8nci81 statements on
going conc&m basis.
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The Trustees (who are also the directors of Bluecoal Sports for the purposes of company18wI are
respon8ible for preparing the Trustees, Annual Report and the financial statements in accordance
with applicable law and Unlted Kingdom Generally Accepted Accounting Practice {United Kingdom
Accounting Slandards).
Company law requlres the Trustees to preparo Inancial slalements for each financlal year. Under
company law the Trustees must not approve the financial ststements unless they are sat15fied thal
they give a true and fair view of the slate of affairs of the Charitable Company and of the incoming
resources and application of resources, including th8 Income and expenditure, of the Charitsble
Company for that period. In p￿perfng these fi'nancial 8lalements, the Trustees are required to:
select suitable accounting poll¢le8 and then apply them cons16tenly'.
observe the methods 8nd principles in the Charilies SORP.
make judgements and estimates that a￿ ￿eSonable and prudent:
state whether applicable UK accounting standards have b8en followed, Subject to any material
departures disclosed and explained in the financial statements., and
prepare the financial statements on the going corKem basls unless it is inappropriate to presume
that the Charitable Company will continue in busin8SS.
The Trusiees are responsible for ensuring that Bluecoat Sports keeps adequate accounting records
that are sufficient to show and 8xplain the Charitable Company's transactions, disclose with
reasonable accuracy at 8ny lime the financial position of the Charitable Company and enable them
to ensure that the financial statements comply with the Companies Act 2006 and the provision8 of
the charity's constitution. They are also responsible for safeguarding the assets of the charity 8nd
hence for taking reasonable steps for the p￿Vention and detection of fraud and other irregularities.

BLUECOAT SPORTS
TRUSTEES, REPORT
YEAR ENDED 31 AUGUST 2020
So far as the Trustees are awa￿, there is no relevant audit Infomiallon of whlch the Charftsble
Companls auditor is unaware and w8 have taken all the steps that we ought to have taken as
Trustees in order to make ours6lves aware of any relevant audit infomation and to estsblish that
the Charitable CoMpan￿S auditor is avrare of that information.
AUDITOR
Crowe U.K. LLP ha8 exp￿Ssed Its wllllngness to continue as audltor for the next flnancial year.
This Trustees, R8PJrt, prepared under the Charltl8s Act 2011 and the Companies Act 2006, was
approved by the Board of Truste6s on 2 December 2020, including in their capacity as company
directors approval of the Strateglc Report contained ther81n, and Is sign&d on its behalf by
James Maclean
Chairnan
2 December 2020

BLUECOAT SPORTS
AUDITOR'S REPORT
YEAR ENDED 31 AUGUST 2020
Independent Audltor's Report to the M•mhrs of Bluecoat Sports
Oplnlon
Wa have audited the financial statements of Bluecoat Sports forthè yoar 8ndÈd 31 August 2020 which compri98 th8
Statement of Flnancial Activities, Balance Sheet and notes to the financig18tsternent8, including 8 8urnmary of
significant a¢counllng pollcl95. The finan¢l81 rgporb'ng framework that ha5 boen applied in their preparatson 18
8pplicablè law And United Kingdom A¢counts"ng Standards. Including Financial Raporbng Stsndard 102. thè financial
reporting standard 8pplk8ble in the LIK and Republ￿ of Ireland IUnlt611 Kinydom Gen8rally Acc8Pted Accounfjng
Practic81.
In our op1n1￿ the financial ststemenis..
give a Inj8 and fair vlew of th8 8t8te of the chari18ble company'8 affair8 a8 at 31 Augu8t 2020 and of it8
Incoming resources and 8pplkatlon of r880urces for the year then ended,.
have been proparfy prepared in accordance ￿th Unllad Kingdom G8n8rolly Accèpted AccounUt)g Practlc8'.
and
have been prepared in accordance wlh the requirement8 of the Companie8 Act 20Ck8.
8a•l• for oplnlon
We conducted our audil in accordance with Intemabonal Standards on Audibng IUKI IISAS IUKII and applicable law.
Our responsibilities under those standards are furth8r described in the Auditols r68ponsibilllies for the oudll ol the
financial 8talem8nls section ol our report. We are independent of the charitabl8 company in accordance with the
gthical requirements that are relevant to our audit ol the financial slaternenls in the UK, including the FRC'S Ethical
Standard, and we have fulfilled our other ethical respon8ibiliti88 in accordance with these r6quir8mont8. Wg baligve
that tha audit gvldanca wa hava obtained is guificient and appropdat& to provlde a ty8818 for our oplnlon.
Con¢lu$lon• rnlatlng to qolng con￿rn
We hove nothlng lo report In re8pect of the followlng matlgrn In r¢lgllon to whl¢h Ihe ISAS IUKI fgqulrg u8 lo roport
lo you where,.
th8 Tru8leeJ' u88 ol thè golrvJ concem ba&.8 of accountlng In the preparation ol the financial statements18
not approprfale., or
the Trustees have ntsl di$clo8èd in the finan¢ial slalemenls any Identified material Ltncertainlies Ihal may
cas18ignificant doubl about the charii8ble company's ability lo continue to adopt the going concem basis of
accounting lor a period of at1o881 hyelve monlhB from Ihe date vthon the financial 6tai8monts Bre authori8ed
for issue.
Oth•r Inforniatlon
The Trustees are reBpon61ble for the other inlormalion. The other Infornalion cornprises tha Infomiatlon Included Sn
the annual ￿POrt, other than the financial slalemenls and our auditorfs report Iheroon. Our oplnlon on the financlal
$totemen18 does nol cover the other Infomiatlon and, excgpt to the gxienl otheNil8e explicilly 8t8ted in our rerx)rt. we
do not axpress any fomi of assurance conclusion Ihereon.
In connection ￿th our 8udil of the fin8nd81 slatemenlB, our responsibility 18 to rèad ihe other information and, in
doing so, consider wh8lher the other inlomalion is materially inconBislenl wlh the financial siatements OT OUT
knowledge obtained in the audit or otherwise appears lo be materfally missialod. If we lden￿fy such materlal
Snconslstencies or apparent material mlsstalements, we are Tequired to determlne whether there Is a mateflal
misstatement in tho financlal statements or a rnaterial mis5talement of the other info￿ation. If, based on the work
we have perfornied, we conclude that there is a material misstalemenl of this other informabon. we ara r8quired to
report that fact.
We have rK*thing lo report in Ihis regard.
Oplnlons on other rnatter¥ prescrlb•d by the Companles Act 2006
In ouropinion based on the work undertaken in the cour8& of Ouf audit
ihB infomiation given in the Trustees, Report. which indudesthe Dlrectors, Report prepa￿d forthe pUTw￿e8
of company law, for the financial year forwhich the financial statements are prepared is consistent with the
finarKial 5ts1emen15.' and
the Directors, Report included within the TrLL8lees' Report has been prepared in accordance with applicable
leg81 requirements.

BLUECOAT SPORTS
AUDITOR'S REPORT
YEAR ENDED 31 AUGUST 2020
Matt•r8 on whl¢h w• aro T¢qulrod to report by •xc•ptlon
In light olthe knowledge and und8r8tanding of the charitable company and its environrnentobtalned in the course of
the audit, w8 have not identifled m8l&rlal ml8ststernents In lh8 Directors. Report included withln the Trustees, Report.
W8 hav8 nolhirrfJ lo report in respect of the followng matters In relatlon lo whlch the Companies Act 2006 requires
U8 lo report lo you if. in our opinion..
adequate accounting record8 have not baen kept., or
the fin8ncSal 8tatements are nol in ogreemenl the accounting record8 and retums., or
certaln dlsclosur88 01 TN81988' remuneration speclfled by law 8re not made.. or
we have Th)t r8c8lved all the Informth'on and explanallon8 ￿ requSr8 for Ouf audll.. or
the trustees were not entl￿ed lo preparè th8 financlal ststgments in accordance %￿lh the small companl8s
reglme and lake advantage of the small companle$ oxempuon in preparing Ihe TnJ8te88' Report.
R￿POn01b1l1t1•$ of Trust•
As explained more fvlty in the Sl8lemenl of Tru8tee3' Respon51blllties 881 out on pago 8. Ihe Trusleas (who aro also
the dlrectors of the charitable ¢omp8ny for the purpo888 of company lawl are reBponsible lor the preparatlon of the
financial statement8 and lor b8lng sali8f18d that they glve 8 tru8 and falr vlew. and for such Intgrngl ¢onlrol 88 th8
Truste88 delemi5nè 18 ne¢g9sary lo enablè the preparation of financial slatgmonts thal are Iroe from material
misstatement. whèther due lo Iraud or 6rror.
In prepariNJ the financial sialements, th& Trust88s are ￿￿n8{ble for 8sseB8lng the charftable company'8 obllity lo
continue 88 a gThng concom, disclosing. os applichbl8, matl8r8 relateil lo going concem and usirrfJ the going concam
bas58 of accounting unless the Twslge8 eilher Inlend lo Ik4ui(Jate the charitable cofflpany or to ceose oparatlon8. or
have no realistic allem8tlvè bul io do 80.
AudltorfB rn•pon•lbllltl•• lor the •udlt ol th• flnanclal Bt•t•m•nt•
Our objectives are to obtain reasonabl& 88sufdnce about whether the finandal 8t8temen18 as o whol8 8re free from
material misstatgmenl, whether ijue lo fr8ud or error, and to 185U8 an audilorfs report that includay our opinion.
Reasonablo a88urance1s 8 hlgh lovol of assurance, bul18 not a gLtarant88 th91 an 8u(Jll conducted in accordance
with ISAS IUKI will olways de18cI a material misslaiernenl wh8n11 axlst8.
Mis81alem8nt8 can arig8 from fraud or error ani1 a￿ ¢on8idered material if, individually or Sn the aggregate, ih8y could
reasonably be expeclgd lo Influ&nce the economlc declslon8 01 users taken on ihe ba8180f these finBncial 8tatèmonl$.
A further descriplion of our r88ponsibilities for th6 Mudit ol the financial slalemenls is located on tho Flnanclgl
Reportlng Councll'8 Web￿te al.. vMw.Irc.org.uklaudllor8r88ponglt*il1t￿&8. Thig descripts'on forms part of our audllo¢8
report.
UB• of our r•port
Th18 roport 18 mod& 801ely to the ch8dlable company'8 members, as a body. in accordance wth Ch8pler 3 of Part 16
ofthe Companl8s Act 2006. Our audit work has been undertaken so that W8 might slate to the charitable company,
m8mb8rsth098 m8tters we are required lo stale lo thern in an auditorfs report 8nd for no other purp08e, To the fullest
8Xtent pèmill8d by law, we do not aoupl or assume r69ponslbillly to anyon& other Ih8n the ¢harft8ble company and
the ch8ritable cornpany's membgrs a$ a body. for our audit work. lor this report, or for the opinions w8 have fomi8d.
Nicola May
Sènior Statutory Auditor
For 8rKI vn beh81f of
Crowè U.K. LLP
Slalulory Audllor
London
D•t• 15th Decen)ber 2020
10

BLUECOAT SPORTS
STATEMENT OF FINANCIAL ACTIVITIES
YEAR ENDED 31 AUGUST 2020
Notes
2020
2019
INCOME FROM..
Charhable actlvltie8
SKK)rts Centr8 Ir￿01T￿
CXh8r ar￿Illary inco
1,323,334
11795
1, 939,525
30,346
knvestnwntj
Other tradlng actSvltle8
Grant from Furlough Schemfr
12,687
12,353
7,905
222,142
TOTAL INCOME
1571966
1, 994, 911
EXPENDITURE ON:
Charltable actlvltlo•
2,051,955
NET OLrrFLOW
(237,3071
(57,044)
TOTAL FUNDS BROUGHT FORWARD
619,671
676, 715
FUND BALANCE
619,611
The notes on pages 13 to 20 form part of these financial statements.

BLUECOAT SPORTS
BALANCE SHEET
AT 31 AUGUST 2020
Notes
2020
2019
FIXED ASSETS
Tangl￿e 0859ts
271,461
CURRENT A8SErs
Stock
Debtor8
Cash at bank and in hand
13,593
213,634
545,043
67,855
624,598
290,966
CREDITORS
Due Vlithin one year
1133,702)
(276,388)
NEf CURRENT ASSETS
157 284
348,210
TOTAL P£SETS LESS CURREKf LIABILMES
382 364
619,671
FUNDS
UnreBtrlctad fund•
Designated
C*neral
225.100
271, 461
348,210
619, 671
The note8 on pages 1310 20 fomi part of th888 financial statèments.
Approved by the Board
Trustees on 2 December 2020 and signed on its behaFf by..
James Maclea
Chalrman
2 Decemb8r 2020
12

BLUECOAT SPORTS
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 AUGUST 2020
1. ACCOUNTING POLICIES
Accountirig Gonventlon
The financial Statements have been prepared in accordance with the Financlal Reporting Stsndard
8ppIic8ble in the UK and Republic of Ireland (FRS 102). the Companies Act 2006 and the 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 IFRS 1021 effective I
January 2019.
These Financial Statements have been drawn up on the historical cost accounting basi8.
At the Ilme of approv81 of the Annual R8POrt, the COVID-19 pandamic continue8 to evolve and the long
temi impact on Bluecoals. in common with oth8r businesses, is unknown. The Board has reviewed the
posltlon carefully wlth a view to ensure that Bluecoats Gan Gontinue to provide vllal sporting facilit18s for
the School and to the general public. Financlal plans have been reforecast 8 number of limes, coverfng
a period to 31 August 2022, to allow for successful operation al considerably lower membership
numbers than before the pandemic, with overall costs scaled baGk accordingly. While the second
lockdown p058s further challenges for the implementation of recovery plans, it is expected that re-
opening and re-angagemenl with members wlll be much more slraightfornvard, given that s18ff and
members now know what lo e¥poct. On that basis, 11 Is believed that m8mbership numbers Can be
brought back to the level reqUI￿d over the course of the current year to ensure the finandal
sustainability of Bluecoats.
In the worst case scenario, which would be extended periods of lockdown, there would be a need to
conslder more drastic action to address th8 CO8t base of Bluecoats, but it should be noted that there is
an expectation that educ8tlon will not be subject to lockdown and that Bluecoats wlll continue lo fulfil a
vital fundion for the School. If il becomes likely that public access lo Bluecoals will be restrlct6d for an
extended perlod of lime. it is b8lleved that operats'ons Gan be reconligured in a way lo allow for School
Usage only, mlnlmlsing c08ts and conserving cash, until such time as it is possible lo fully Te-open but
there may be difficulty in settling certain intercompany balances from July 2021. In the unlikely ovent
of those circumstances occurring, the Council of Christ's Hospitsl ha8 agreed th81 il would not demand
payment of inlercompany balances for up to 12 months from the dale of approval of the financial
statements. Accordingly, the Board believe8 that Bluecoals can continue as a going concern for the
foreseeable future, being at least 12 months from the dale of approval of the financi81 statements and
have therefore prepared the fin8ncSal statements on a going concern b8sI8.
Bluecoat Sports is a Charitable Company limited by guarantee (Company number 043847651 and
regISte￿d In England. It is a Public Beneflt Enllty registered with the Charity CommS55ion in England
and Wales under Charity numb8r 1096244. Bluecoat Sporls oper81es from ils registered office at The
Counling House, Christ's Hospital, Horsham, West Sussex. RH13 OYP.
Thè Charitsble Company has taken advantag8 01 the exemptlon, available under FRS102 1.12 to
subsidiary charities, from preparing a cash flow statement a8 this is included in the consolidated
rinancial st8t8ments of Christ's Hospital.
Crltl¢al accountlng ludgoments and key sources of estlmatlon uncortalnty
In the applicab'on of the Charitable Company's a¢Gounting policies. Trustees are required to make
Judgements, eslirnates and assumpkn'ons about the carrying values of assets and liabilities that are not
readily app8renl from other sources, The estimates and undedying assumptions are based on historical
experlence and other factors that are considered lo bg relevant. Actual results may differ from these
estimates.
The estimates and undedying assurnptions are ￿VieWed on an on-going basis. Revisions lo accounting
estimates are recognised in the period in vthich the estimate is revised if the revision affects only that
13

BLUECOAT SPORTS
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 AUGUST 2020
period or in the period of the revision and future periods rf the revision affects the cu￿ent and future
periods.
In the view of the Trustees, no assumptions conceming the future or estimation Un￿rtainlY affecting
assets and liabilities at the balance sheet d8te are likely to result in a material adjustment to their
carrying amounts in the next financial year.
The following paragraphs degcnbe the specific policie6 adopted for recognits'on of significant categories
of incoming re$our¢e and expenditure.
Sports Centrn Income
Sports C8nlre income relates to continuing activitl8s and comprises membership subscription5, guest
fees and hire of facilities in the year, exclusive of Value Added Tax and is accounted for when
receivable.
In￿stM?nt Incomo
Investment Income currently comprfse8 bank Interest and Is accounted for on an accruals bas18.
Doforr•d Incom•
F88 income invoiced In advancè of cour8&8 is deférred to thè year in which ihe courses are delivered.
Flxèd a88ets
A number of flxed assets are In the ownershlp of Chrfst's Hospllal Foundatlon, the cost of use being
charged on a monthly ba61S to the Charilable Company.
Expendlture on Indlvidual St8m8 Costlng more than flv& thousand pounds has b88n capltalised.
Fixed assets are depreciated in equal annual instalmenls over their economlc liv88 as follow8-
Plant and equlpment
200/0 or 331AOh on cost
Dep￿CIall0n is Tr)1 charged on work in progress.
Slock
Stock is slated al the loV￿r of cost and net realisable value.
Loase commltments
Rentsls pald under operating leases are charged lo Income on a stralght Ilne basis over the lease tem.
Expendlturo
Expenditure is accnjed as soon as a liability is considered probable. discounted to present value for
longer-temi liabllitles. Expenditure Is 8PPOrtloned to cost categories based on the 8slimaled amount
attnbulable to that activity in the year.
Govemance costs comprise the costs running the Charitable Company, including strategic planning for
future development, external audit, any legal advice for the Board, and all the costs of complying with
constilulional and statutory ￿qUIreMents, such as the costs of Committee meetings, preparing statutory
accounts, and satisfying publlc accounlability.
14

BLUECOAT SPORTS
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 AUGUST 2020
Taxation
Th8 activities of Bluecoat Sports are exempl from Income and Corporation Tax but are ￿gISte￿d for
Value Athjed Tax (VAT). The majority of these activities are classified as exempt or non-business
activities for VAT purp08e5 and consequently it is not possible to reclairn the malodty of the VAT
incurred on purchases.
Pon81on sch?me6
The Chdst's Hospit81 PensSon Scheme is a multl-employer Scheme and It18 not posslble to Identify the
assets and liabilities of the Schema that are attn'bLrt8ble to the Charitable Company on 8 consistent and
reasonable basis. Therefore, in accordance with FRS 102, the Charitsble Company accounts for thls
SGheme a5 If It were a defined contribution scheme.
Note 12 provides further inf0m￿tIon on th18 SGherne and the 8tak8holder pension Scheme.
Flnanclal Instrum•nts
Beslc flnancl81 Instruments arè initially recognisad 8t transaction value 8nd subsequentty measured
8t amorti8ed cost. Financi81 assets held al 8mortised cost comprise cash at bank and In hand, logethgr
wilh short lemi deposits. trade and other debtors. A specific provision is made for debts for which
recoverability is in doubt. Cash at bank and in hand is defingd as all cash held in in8tant access bank
accounts and used as working capital. Financial liabilities held at amortised cost comprise all creditors
except 8oc181 securlty and other tax88 and provisions.
2. ANALYSIS OF TOTAL EXPENDrruRe
8TAFF
C08T8
OTHER
COSTS DEPRECiATION
TOTAL
2020
TOTAL
2019
Chartt•bkn actfvltl••
Pro¥iding sporUrvJ f￿4￿￿.•8
Pr•mi9•g c0819
Equiprrwnt co
Publicity t05ts
Other support ¢0st8
Finance ¢o$ts
Gmrn8nce costs
873.148
3.270
14,350
491.694
39,315
80,145
167,091
887.498
494,964
121,910
80,146
229.052
6.464
9.240
981.207
543,353
135, 936
g6, 759
272, 566
11,903
10,831
82,595
61,981
9,240
Total •x￿ndItur0
938 379
788 299
2,051,955
Premises costs included £132,000 of development ¢ost8 In 202012019.. £116.000) in respect to the
8luec081 Sports Expansion Project.

BLUECOAT SPORTS
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 AUGUST 2020
J. STAFF CO3TS
2020
2019
W¥Jes and sakrl8s
Co8che5' f8aS
'on81 Insurance costs
Pen￿On9
769,957
123.B85
32.008
22.631
820,564
146,896
36, 145
24,820
1,028,425
The full Ilme nurt*r of staff an8￿8￿1 by functl(n V+YS'.
2020
2019
FfE
£1￿￿88 departr￿1
aass instrucicfs
Fllngss sulte
Ftycro8tlon a$￿stants
S￿M ￿hC￿l
VOn&J￿￿nI ond adrTinIStr￿
21
enWoy88 ¢)w £&),C(n12019.' nlll.
The avdr&ae h68d count Ib*rKJ lh8 nurt* of *aff employ&J Th)t &Jlu*ed fef FTE) 14712019,. 1351.
Thera Mere 4 key rrfjnag￿nt wyuinel12019.. 41 In fv year b 31 August 2020. Thar aoJr•Jate
enploy88 tfjn811ts £145,44212019. £135,184>. Thls inckndes £27,80712019: £27,331)
vknich Kes recharg&J frcffl thrld8 Pbspital.
There were no redurKlancy costs during the year (2019.. £nlll.
4. AUDITOR'8 RewNERATb)N
2019
fee
16

BLUECOAT SPORTS
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 AUGUST 2020
5. TANGIBLE FIXED ASSETS
Work In
Pl•nt &
progr•8• equlpm?nt
TOTAL
2020
AI 1 Swombar 2019
Addition8 at cost
Transferred
182,995
825,eé8
36,234
182,995
1.008.863
36.234
{182,9951
Al 31 Auoust 2020
1044 897
D•pr¢clatlon
Al 1 September 2019
Chorgg fty yeor
737,202
82,595
n7.202
82.595
At 31 A￿U$l 2020
819 797
Net book value at 31 AuJuBt 2020
225 100
Nfjl b)ok volue 81 31 Augjst 2019
182, 995
88,466
271,461
6. STOCK
2020
2019
Slock lor sa18
materiaL8 ￿ ccn8umat488
1788
1,670
10,030
11,7Jg
7. tEBTOR8
2020
2019
Trade debtor5
Due from Chrisfs FtsF4ts1
Due from Chrisfs Fth￿tal Foundat'on
FUrf￿gh Gr￿1 & Cther TayBS
42.200
107,897
3,641
534,668
6, 734
545,043
17

BLUECOAT SPORTS
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 AUGUST 2020
8. CREDITORS: Due wtthln orvJ ￿•r
2020
2019
Trade cTgJilor5
Deferred incm
Tax and National Insurance
Due to Chrisfs Pbw'tsl Enterprises Linited
Due lo Chrisfs F￿S￿la1 Foundation
Ilher crtryitors and accruds
24709
129.070
44670
ia970
10,098
25,134
89,6T8
27a388
Deferred incorr
In¢¢xre de1wr￿1 In the current year..
- Cknor 188S
44 6T0
4q 670
rr
B8￿nCe 811 Septwrt)er 2019
Re￿8ed to Inc¢)m8 In lh8 year
vfees
Balance al 31 A￿U￿t 2020
46,670
146,6701
g. MObEhENT OF FUNI)8
B•lIn￿ at
1 gW•mbpr Incornlng
2019
r•80urc08
Balanc• at
31 Auguot
2020
R880urce•
ndad
Tr•n8f6r•
Do•lgnat•d fund•
Fixed 8858ts
C•pitg1 fund
271,461
36,234
182,5951
225,1D)
G•￿ra1 furKI8
348.210
1.535.732
11,728,878)
157,2e4
TOTAL FUNDS
819 671
J02,364
PRIOR YEAR MOVEMENT OF FUNDS
8*l•n¢• #t
1 Septembgr
2018
B¥lanc• at
31 Augu•t
2019
Incorring
resources
R•soure8S
eyFend8d
Tran8f8rs
088lgnated fund•
Liquid 8S58ts
Dthe1oprrwrt lund
212.089
1116,0541 19S,0351
FI￿d a889ts
C8pitsI fund
117427
329.516
205 438
205,43e
51404
1167,4581 IS*,035)
271,461
Gen8ral furth
347.1g9
1,789,473
11.884,4971
96,035
348,210
TOTAL FUND5
67871$
2 061 966
619671
18

BLUECOAT SPORTS
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 AUGUST 2020
10. ALLOCATION OF NET ASSETS BETWEEN FUNDS
Tanglble
flxed
assets
Net
current
ass¢t$
Total
2020
General funds
157,284
157,264
Designated funds..
C8piial Fund
225,100
225,100
225,100
157,204
382,304
PRIOR YEAR ALLOCATION OF NET ASSETS BETWEEN FUNDS
Tangibl•
fix•d
a•aets
N•t
curr•nt
a•8•t•
Total
2019
General funds
348,210
348,210
Designated funds..
Capital Fund
271,481
271.481
271461
The Development Fund was establlshed to provide for future development of the
Cenlre.
11. RELATED PARTY TRANSACTIONS
The Charit8ble Company rented the sports centre and laundry to Christ's Hospital for £288,750 {2019'.
£288,750) and £9,45012019.' £9,450) respectively.
Chrlst's Hospilal recharged expenses totalling £66.00012019'. £66.000) to the Charltsble Company.
This included £27,000 relatlng to key management Sala￿e$ {2019'. £27,000).
No Tru5toe received remuneration during the year {2019.. £nil).
19

BLUECOAT SPORTS
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 AUGUST 2020
12. CHRIST'S HOSPITAL PENSION SCHEMES
The Charitable Company is a participaling employer in the Christ's Hospltal Pension Scheme (the
Scheme), a defined b8nefit scheme. tr) which contnbutions are made by both employees aThJ
employers. The Scheme was closed to new members with effect from 31 March 2005.
The Scheme is a mulli-employer scheme and as such the Charitab18 Company is unable lo identify its
share of the underlying assets and liabilities as each employer is exposed lo actuarial risks aswiated
with the current and former employees of the other entiti&s participating in the Scheme.
Member contributions are 6.5°/o of salary for those members who have an accrual rate of 1180th of final
salary for each year of sorvlce, and 4Vo for those who have an accrual rate of 11100th Contributions
payable by employer5 are 19.7Vo, plus an annual deficit-reduction contribution. which is paid by Christ's
Hospitsl Foundatlon. The deflcil-reduction payment is in arKordance with an agreed schedule, allowing
the deficlt to be eliminated by 30 Aprll 2029. The b88is of conlrfbutlon to the Scheme is specilied in a
schedule of contribution8 agreed wrth the Scheme Trustees and certified by the actuary on 18 Ap￿1
2018.
The la81 full acluarfal valu811on of the Scheme was carfied out wlth an affective date of 31 March 2017.
Employer contnbutions for the year ended 31 August 2020 were £5,35412019'. £5,799).
For staff not in thls Scheme, the Charitable Company offer5 a st8keholder penslon scheme with Legal
and General. Employ8r contributions are currently 88t at the Statutory minimum of 30/0. Employer
contributions tolalllng £18,020 (2019.. £18,293) wore paid in respect of this penslon scheme forthe year.
13. FINANCIAL INSTRUPENT8
Total
2020
Total
2019
Fin8rKlal assets rroasurod at 8nvJrb5ed cost lal
Fina￿181 liabifitye8 measured 818rMrtised cost Ibl
277,373
612,898
{101,5421 (218, 748)
176 131
394, IXI
lal Financial 888elg ItKILKie cash. sPKJrt iemi deposits, trad¢ debtc*$, other debtor5,
Ibl Financial liabllties incbJde trade and cts creditor8 arnunts duo trJ npmtfjrs
ol the Chrisfs HosF4'tal group.
14. ULTIMATE PARENT UNDERTAKING
Blue￿at Sports is a 'controlled' charlty Insof8r as Chrlst's Hospit81, 8 charity registered in England and
Wales (number 1120090), controls the appointment of th8 majority of the Trustees. This is the largest
and smallesl group into which the Charitable Company is consolidated. A copy of the arKounls can be
obtained from the Finance Director, the Counting House. Christ's Hospital, Horsham, West Sussex,
RH13 OYP.
Christ's Hospital's obj8cts and principal activities a￿..
the advancement of education of childr8n, principally for the benefit of thos6 families in
social, financial or other specific need, by provision of a school for boys and girls- and
the und@rtaking of ancillary educational and other associated activities for the benefit of
the community.
20