REGISTERED COMPANY UMBER: IH929970 (England and Wale51
REGISTERED CHARITY NUMBER: England 8Dd Wales: 1101030, ScotlAnd: SC043144
REPORT OF THE TRUSTEES AI¥D
FINAPICIAL STATEMENTS FOR THE YEAR ENDED 30TH JUI¥E 2022
FOR
SWITCH180
A COMPANY LIMITED BY GUARANTEE
Chariot House Limited
Chartered Accountants and Statutory Auditor
44 Grdnd Parade
Brighton
BN2 9QA

SWITCH18¢1
CONTENTS OF THE FINANCIAL STATEMEPITS
FOR THE YEAR Ef4DED 30TH JLNE 2022
Page
Report of the Trustees
l io 10
Re￿rt of the Independtnt Auditor5
11 to 14
Statement ol Finan£ial Aetivities
15
BalaDce Sheet
16
Cash Flow Ststement
17
Notes to the Cash Flow Statement
Notes to the Financial Ststements
19 to 29
Detailed Statement of Financial Aetivitie5
30 to 31

SWITCH180
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30TH JUNE 2022
The trustees who are also directors of the charity for the purposes of the CompaE]ies Act 2006. present their report wTrth the
financial statements of the charity for the year ended 30th June2022. The trustees have adopted the provisions of
Accounting and Reporting bv Chariiies.. Sraiement of RecomTnended Practice applicable to chaiities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)
{effective l January 2019).
Public Benefit
Switch180 is a national youth charity providin￿ life changing services to young people.
Our overall mission is io young lives around through physical and mental health support. To athieve this, we njn iwo
services called Snow Camp and Stop.Breathe.Think. Our programmes supwrt young people in the UK'S most
disadvantaged areas.
We believe ihat every young ￿r$On in ihe UK should have access to positive oppornjnities and support. We help those who
are 21 and younger io gain the skills and tools they need io live positive and healthy lives.
For full and up to dale infomiaiion on how Switch180 delivers benefit and the range of prograrnme5 and events being
delivered by the Charity. please s¢e www.sWltchl 80.org.uk and our Anntsal Report.
In shaping our objectives and planning our activiiies for the year, the Trust¢cs have given con5ideratÈoi] to the duties sei out
in section 17 {5) of the Charities Act 2011 io have due reJo rd io public benefit and to the Charity Commission Guidance on
PLtblic benefit. In particular. the Trustees have considered how the planned activities will contribute to the overall aiTns and
objectives that they have seL
The Trustees believe that the following pardgraphs, specifically on the -Objc(tiVe5 and Activities" and "Achievements and
Perfortnance" for the year, relate in detsil the benefit thai the chartry Fffovides to the publEc.

SWITCH180
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30TH JUNE 2022
OWECTIVES AND ACTIVITIES
Objectives and 3ims
Our Aim
To tum young lives around through delivering inno1￿11¥e setvices f￿using on tlhysieal and mental health support.
Our Obj¢£tives
PROVIDE spaces for young people to prooress and be heard.
ENGAGE young people thiough YoUth-￿"endlY accessible progrdmmes.
CONNECT young people with our support ne￿0￿ 10 provide emotTonal and Practical help.
TEACH young people the skills they need io live happy and healthy lives.
ACHIEVE long-lasting posiiivc change.
Our Progr2mmes
We stsrted working with young people through our programme Snow Camp in 2IM>3. At the t1￿C our Founder. Dan
Charlish, was workinu a5 a youth W0￿er on an eswe in Sto¢kwell_ He overheard his group 5ayin& whilst playing a
snowboarding X-BOX game, thai this was the closest they were ever ooÈno
to get to snow5POrts. A snowb(wder himself,
Dan realised that 5nowsports could be the tnechanism to bring aix)ut P05ltive social change for his young people. The shift
from tnner-city estate io the mounthin environment W&8 so extreme, that in itself created a response in young pcople,
widening their horizons and rdising their asptration5.
In 2007. Snow Camp evolved from residential trips abroad inw a UK based trdining progrdrnme taking place at indoor snow
centres across the country. Now younts people head io the mountains once a }¢ar as part of their instructor training.
In 2018, 8i /0 of Snow Camp's young people said that they would benefit fr(TrTn greater support with iheir mental health and
emotional well-being. As a result, menial health support through wgeied workshops. mindfulness irall)ing, l..1 counselling
and group ¢OUDselling sessions became key components of the coutses. The mentsl health asped of our work grew rapidly
during the pand¢mic. and we knew we had to do even more.
In November 20?0. we launched Siop.Breathe.Think in response io the Covid-19 pandeTnic. Our uniqu¢ Tnental health
service offers free counselling sessions and support io anj young person who would like io thlk. Wilh no wait times and a
ieam of specialised counsellors, demand is growing rapidly.
As a youth Charity ￿ hear¢ Covid changed everything and c￿e￿¢d an opportunity for u5 to help more young people - we
reacted in the best way we Could and here we are. We needed a 5trucwr¢ that would enable b(Trth Snow Camp and
Stop.Bre8the.Think to exist independently. In January 2022. SH'itchl 80 was born, a Dational youth charit> with broader
goals to support young people's phJ's%cal and mental health_
Snow Camp programme
Snow Camp work with J'outh projects and youth servi¢e provkders in London, the NoTth-West, the Nlidlands and Scotland io
deliver an accredÈted journey of ¢ourse5 to vulnerable j'oung pe¢)ple at indoor snow centre5. Our courses are unique and
attractive to young people. taking thetn from beginner to qualified snow5POrts inslrnctors one vear with volunteering and
apprenticeship progression routes available ai the end. Alongside learning io ski or snowboat& young people a150 haye
access to life skills trainin.
and mental health support.
Stop.Bre8the.Think programme
Stop.Breaihe.Think is a free mentsl health service offering l-l counselling and supExTrrt to young people across the UK. Our
service is game chanuing. There are no M'alt times and young people are matched with courtsellors who specialise in their
needs. We're able to ensure that young people Can gei the righ( targei¢d sUPPOrt they need now.

SWITCH180
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30TH JUNE 2022
OWECTIVES AND ACTIVITIES
Significant activities
It has been another extraordinary year. At the start of this accounting perirf back in July 2021, w'e rnade a big decision for
our charity. Many different factors combined io lead us lo this ke). mornent.
Firstly, the impact of the CoYid-19 pandemic throughout the previous year had mvdnt we could not deliv¢r Snow Camp as
normal, forcing us to think innovaiively at￿￿1 how we could continue to suprrt)rt young people vimally durÈllu thi5
challenging time. As we reported last year, in reswnse io ihe silu￿leS M'e saw our voung people facing. our team
re-focustd and we launched Stop.Breaihe.Think - a w)ique mental health service which offered free online ¢ounselling
sessions and support to any Joung person who nttded to talk. With no wait tirnes and a team of specialised counsellois
ready to go. demand grew rapidly.
Fast forward to Jul). 2021. Restrictions were nom. lifting. and ￿e were all deli£hted io be able (o run Snow Camp onc£
again: our summer courses were filling up with young people. and the team were full). focused on delivering the programme
at snow Centres across the ¢OLmiry. Snow Camp was backl
But now what for Stop.Breathe.Think? At this point the Service was growing by 10-2￿/￿ each month by word of mouth
alone. and clearlj. providing life-saving support to thc hundreds of )'oun"
people reaching oui for help ￿1th anxiety, angel,
depression, suioidal thoughts or StnJ￿1ing with self-ham]. abuse ond bereavement issue5. Of course. in reality the decision
was easy. We had to try to do both. After all. we are a youth chariiy at hea¢ and whilst we could never have foreseen the
running of a national mental health programme a few years back. Covid changed everything and created an opw)rniniry for
us to help more young people- we reacted in the best way we could and here we are.
Havin(T made the decision, we then needed a strnctttre that would enable IK>th Snow Camp and Stop.Breathe.Think to exist
independently. In Januory. 7022, Switch180 was tx)rn. a nailonal )'outh charity with bn)ader goals to support yountr pcople's
physical and menral health. This ensured the &lTne pas5ionaie and committed team could run Snow Camp. our newer, but
equally passionate team could run Stop.Breaihe.ThinL and a few. of us could now support both.
Snow Carnp
Our itnpact in numbers=
814 young people learni how to ski or snowboard
277 life 5ki11s sessions were delivered
1,233 qualifications were achieved
24 Tnental health workshops look place
105 younts people experienced the mountains for the r￿st time
2,223 youth volunteer hours completed
55 youih organisattons referred youn
people to Snow Camp
Snow Camp returned to the slopes in July 2021 with a new cohort of eager }'oung people alongside those excited to finÈsh
their training following a 2 jear wait due io Covid. We were delighted to fully get back to doing what we do be5t= providing
life changing support to young people at indoor Snow ccntres across the UK.
First Tracks
2-day courses tunTJing throughout the sch￿1 summer holidays. 814 young people learnt how to ski or snowtx)ard: took part
in life 5ki115 5e55ions focusing on independence. resFrfyn5ibiltty. confidence and self-esteem. Th¢y a150 gained a Snowsport
England.IScotland Snow Life Aw'ard.
Page 3

SWITCH180
REP
RT OF THE TRUSTEES
R THE YEAR ENDED 30TH JUNE 2022
OWECTIVES AND AcfiviTIES
Graduate
6 weekends of further development and learning for 244 young people throughout October and November. Yowjg people
gained an ASDAN ccrtilieate in Health and Fithess. Group classroom sessions held beforc ca¢h 51ope lesson extK)sed young
people to the wider world of skiino and sno￿￿&￿8rdlng. w'ith talks each M'eek from those involved across the ski industry
from seasonaire5, snowsports media, tour operdtors and athlete5. Menial health WOTk5hop5 and life skills sessions were a
significant part of the course, &% to complete it young people require ￿mMitt￿t￿L dedication and focus - Ihis was all
positively discussed during the ￿510￿5.
Excel
Fiom February to May, 133 young people trained to t*come qualified ski or srtowboarding illstructors in just 10 week5 by
panictpating in the Snowsport Enoland'scotland trainin
prowme. Young people continued to thke part in mental health
workshops and life skills 5e55ions alongside thi5 trairting. Towards the end of the COUT5e 105 young people spent a week in
the lialian mollntains, shadowtng insmittots and gatning Yaiuable tnountain experience. Our largest residential trip in 15
yearsl For many thi5 15 their first t1￿¢ abroa¢ broadeninu their horizons on a personal. as well as on an educational level.
This weeklono residential provided real life experience for young people enabling theln to recognise that they can start a
career in the snowsport5 industyy and bevond. li gave them an InCre￿d sense of confidence in their own skiing or
snowboarding technique. along with a deeper knowledge of the coaching process readJ for their flnal assessment days when
they return to the UK. li was no mean feat organising a residential on this scale in the currenl clitnate, huge well done 10 OUT
Staff team.
Yolltb Forum
2,223 youth volunteer hours were completed bJ" Snow Camp Youth Fornm Tnembers from across our 4 reuions London.
Midlands. North West and Scotland. An J youn¥ ￿rsOn ¢ompleting the Excel programme can join the Youth Forum and
volunteer OD Snow CaTnp programmes, sup￿rtIn(w and inspiring new. young people on their journe}. with the charity. They
a150 represented Snow Catnp at the National Sn(Trw Show in Birmingham, attend¢d regular meet ups in theÈr regions and
took part in wellbein¥ workshops along with access to one lo one counsellino support.
Wellbeing Manager5
This year we iniroduced mental health Wellbeing Managers to the Snow Calnp staff team. We were already facing a mental
health crisis before Covid struck. Even before the fjrst national ItKkdown was announced mental health support was
something we ivere already offering our young people. Thanks to the incredible generosity of our supporter5. we have been
able to support hundred5 of young people with their mental health over the Jears.
However, the pandetnic crea￿d a whole new level of anxiety. dq>re5sion. and grief. We knew we had to do even more to
support our young people on and off the slo￿. We made the decision 10 introduce Wellbeing Managers in each region this
}'ear. Oui Wellbeing Mana.
ers attended every day of the Snow. Camp courses. As qualified counsellor5, they ate the best
people to pn)vide reassurance, support and prdctical advice w help our young people.
Stop.Breathe.Think
Our iTnpact in numbers..
8.349 counsellin¥ sessions delivered
1.444 young people supported in iotal
85 organisations iefetred young people to us
Page 4

SWITCH180
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED30TH JUNE 2022
OBJECTIVES AND AcfivJTIES
Launched in 2020 at the height of the pandemit, the aitn of the service was to pro*ide a rapid response to Support young
people's metltal health during a challengtng ttme. Although the most acute period of the pandemic has passed. we did not
expect the psychological strain on young people's mental health to ease as the long-tern] effects now begin to be felt. Our
servi¢e is playing a vital role and thal is why we need to work w'ith more soung people who are struggling and are at 115k of
falling through the cracks. We have built a platform from which ￿'e can expand the service, to play a 5ignificatJt Tole in the
support of young people and iheir menthl healih across ihe counwj.. We know the m(Mlel u'orks, and with support, we can
transforn] and Scale up this lifeline into a hugely impact￿1 natÉonai service which will change live5 and save tnany othetS.
In January ?022, we launched Stop.Bieathe.Think'5 brdnd-new website and referrdl 5y5teTn. Within jusi one month we saw
the nutnbei of young people acces5ino
the Service double. With. on aVer￿￿e 170 new refetrdls each month from across the
UK with a high percentage of young people reaching out to us from the North Wes¢ South Wesl Midlands and London.
Sadly, the three most commoT] issues affecting our young people are anxicty {26fy/o of young people). suicidal choughis
(11.50/0) and self-harm (IlP/.).
Growing a passionate team
A big service requires a big team. We worked with JHD Counselling Setvices to recruit a team of 60 counsellor5 to
Stop.Breathe.Think. JHD manage the recrnitmenL supervision of counsellors and safeguarding and it is through our
wonderful partnership thai we have ￿en able io grow the service so quickly. To deliver a service of this size we also needed
to grow our adminisiration and mana(Femeni team. To d*e we have a Head of Stop.Breathe.Think. a Safeguarding Lead, a
Counsellor Manauei and 2 adminÈstrator5 all in post.
Increasing our income to match demand aRd growth
One of the bi£gest challenges w'e have faced this }'ear is increasing our income to match the owth of the service.
Fortunately. w'e have a w'onderful group of major donor5 who are P￿S1O￿at¢ alK>Ut the Service. Our goal for the next year is
io diversify Siop.Breathe.Think's income stream to match growth and demand by bringing in a rdnge of new corporate,
trusts, foundations and individuals into our community of supwrters. Futtherniore, we are already W0￿1ng with local
authorities: charities, schools and universities as refetral parmers which in turn will introduc£ a new revenue Siream
support the service.
Stop.Breathe.Tbillk x AJ Beu PartDer5bip
At the start of the year AJ Bell. the Salford-b&sed investment plarfonn, made a £60.0￿ donation to support
Stop.Breathe.Think. The aitn of our partnership was to rdise awareness of the service amon￿￿ t youn(%
people in ihe North
West. Through our partnership we created brdnded content for social tnedia and hosied an evening of mental wellbeing
aciiviiies to mark Mental Health Awareness Week ai ihe Hideout Youth Zone. Manchester. 256 yollng people from the
North Wesi hav¢ ￿cessed our 5ervi¢e thanks w AJ Bell s generovs support so far.
Events
Much of the ￿ndraising that would take place in a typical year has been more challenging in the last year due to Covid. but
there was no way that going to stop our incredible supporters. From skt challenges to runners and hikers to orchestra
evenings. this is how people acros5 the countsy hel￿1 to fundTai5e in the last year. Thank you all so much.
AJ Bell Crans Montana Maratho
Against all the odds, we were delighied to be able to brints back our annual snowsp)rts fundraising event in February ?022.
After a 2-year hiaths. the event was back in the moun￿]n$ and better than ever, with a new narne and in a new locatiOTE. And
it was 13 3dventurou5 tearns that Tnade all the difference at the AJ Bell Crans-montana Mardtholl, they rdised an incredible
£50.1X)O io support our work with young people! Thank y(Tru.
Pag¢ 5

SWITCH180
REPORT
F THE TRUSTEES
FOR THE YEAR ENDED 30TH JUNE 2022
0￿EcTIVEs AND ACTIVITIES
Aravtrs Golf Day
It was fantastic to be back ￿ Bush Hill Park for our annual charity Arnvis Golf Day. 13 ￿ tean)s enjoyed a wonderful
day of golf in the sunshine while raisin(r
£14.IM)O for the charity. Thank >'ou. The atrnosphere M'as so positive, and it ￿aS
wondcrful to bring our sllpporters back together onc¢ again. cOngra￿l*l0n$ io the Bush Belles for taking hoEne the Gregor
Michie Memorial Trophy.
Orehestra Evening
In FebTuary, Swiichl 80 was honoured to ￿ the charity partner for London Phoenix Orchestra's "A Night At The Movies"
concert at London's Cadogan Hall_ This t)Te of eveni was a fwst for Switch180 and especially so for our Joung people who
joined us from our programme Snow Carnp. The eveni raised valuable funds and awatene5s of our work. Thank you to all
involved.
STRATEGIC REPORT
FiTh#ncial position
The year enO¢d 30th Jllne 2022 recorded net expenditure over income of £20,406. comprising a surplus on eharitable
activittes of £31 l. and a deficit on invesunent valuation of £20.717. Total Teserves. including designated capital. now stsnd
ai £1,099,597 (See reserves policy b¢low). By comparison. the previous period ended 30th June 2021 recorded net ll)CL)me
oveT expenditure of £126,429, comprising a surplus on charitable aciivities of £120.506 and a 5Utplus on inve5ttnent
valuation of £5.923, increasing total reserves io £1.120.1M)3.
Total income for the year ended 30th June 2022 amounted to £1.3 14,760 compared to £603.015 in the previous period. A
breakdown of grants received is shown in Note 2 to the accounts.
Toial eXpendi￿re for the year ended 30th Julle 2022 amounted to £1,314,449 compared to £482,509 in the previous period.
In line with SORP IFRS102), expendin￿¢ i5 analysed into main categories- charitable activiiies and rdising funds for
th¢ charity wEth the 'charirable ratio. beinu calculated as'charitabl¢ activtties expenditure, as a fraction of 'toral expendi￿re..
In the year ended ioth June 2022 £1,107,301 of expenditure relates to charitable activities, and £207,148 to raising funds for
the chaiily, a charitable r&tio' of 84 /0. B) comparisoD, in the )ear ended Joth June 2021, £356.994 relaled to charivdble
artivities and £125.515 to raisin- funds for ihe charity. Th¢ charitable rdtio for the previous year was 740/0.
Page 6

SWITCH180
REPORT OFTHE TRUSTEES
FOR THE YEAR ENDED 30TFI JUNE 2022
STRATEGIC REPORT
Financial review
Reserves policy
Switch180 is committed to using its resources 111 pi]rsuit of its charitable objectives. It is also committed to ¥naintaining a
level of reserves that is prudent to meeting ongoing liabilities, 5uifici¢nt to ensure that all delivery commitments can be met
and to protect the long-tettn future of operations. Swiich180's Reserves Policy sccks to balanc¢ these priorities by aiming to
hold a level of General Re5erve5 based on the planned expenditure and for any uncenainties for the year.
Our net expenditure over income ended * £20.406. Total reserves now stand at £1.099,597. In receni years, we have
reviewed our oeneral reserves policy in light of the many risks and insecurities Chariiies were facing globally, as a result of
the pandemic and likelihood of a recession and cost of living crisis. At the time of publishing, we are still facin4J some
hallenges with some of our regular fundraising eV￿ts and the impati of reduced don￿lOn$. The rrusiees have responded to
this by maintainin(p our genernl reseTYes policy to a goal of 9 months. in order to ensure the susthinability and gro%￿ of the
charily going forward.
Looking ahead to 2022ll3 we are budgetin¢y for the ￿11 team salaries and office costs with a full programme Schedule.
TakÈng all this into ac¢ounL we can reasonablv assume eXpendi￿re r¢quir¢ments will be up to £1.500.000 enabling us to
SUPPOrt more than 2200 young people across our prowmes.
The Trnstees are pleased to acknowledge that current reserves satisfy our reserves rA)licy and are sufficieni to cover
forthcoming comTllitmenls. The level of reserves will coniinue to be rnonitored quarterly at Trustees meeiings. and
appropriate adion will be iaken if reserves fall outside ihe desired range.
Future plans
In sumtnary, we are gra[e￿I to have emerged from the pandemic stronger and more ready to tackle the increasing
challen(Tes that so many )'oung people are facing i(Mlay. We can only 5a). this thanks to the huge effort, dedication and
deleTmination of our ama2ing stsff ieam and our fantastic comrnunity of supwkrters. It has been an unbelievable feiv years in
50 many ways. but w'¢ are excited io look forward now_ We will always aim to deliver programmes which turn young lives
around: we started nvarl), 20 years ago with Snow Carnp and we remain just as passionate and motivated about delivering
this tsoal today.
We've recently been taking mea5ure5 to build the future sustsinability of Stop_Breathe.Think and reduce the risk of
unmanaged spikes in demand or costs. When we launched, the service grew fast and was available to everyone. We were
able to help thousands of young people at a time when the}. reall) needed us. Now the goal is to ￿ake sure we are htre for
Ihe long temi, becoming financially sustainable and ta￿ttIn0 the service more carefully al 5UPtKwting the young people that
need us most whilst maintainino the no watt tiTne5.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing doeumeDt
The charity ts controlled by its oovernints doeumeni. a deed of tNsL and conslituies a limiied company. limiied by
guarantee, as defined by the Companies Act 2006.
Recruitment and appoiDtmeDt of Dew tru5tee5
Procedures have been established for re¢ruitin(¥ and supwting ￿￿te¢s. When areas are identified for which additional
tsi]stees would be helpful, an open recruiimeni process is ￿hedUled. utilising M'ide and inclusive sewch methods such as
advertisinu and netwotking with other chariiies. In a(klition. Board members aE]d the Dire¢ior use their own netWo￿S 10
encourage suitable people io come forward. An tnduction and the provision of an) required trdining ensures thai new
Irusiees are aw'are of the￿ re5tx)nsibilities and enable5 them to learn about Switch180 in a structured way so that from the
start they understand the chartty 5 objeciives. All tsijsiees ideniify" their training needs annually and measures are takeTt a5
ne£ess3ry to ensure that these needs are met.
Page 7

SWITCH180
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30TH Juf4E 2022
STRucfuRE, GOVERNAf4CE AND MAf4ACEMENT
Organisation41 structure
Switch180 Ifomierly Snow Camp) is a regIs￿red charity and a company limited by guarn)iee. li was incorporated on 13th
Ociober 2(K)3 and registered as a charity (with the Charity Commission for England and Wa]es) on 4th December 2003.
Snow Camp was regisiered as a charity with the O￿l¢e of the Scott]sh Charity RegulatOT (OSCR) on 6th August 2012,
(Charity Numb¢r SC(M3344).
The ¢hority wa5 established under a Memorandurn of Association, which describes the objects and ￿werS of the charitable
Company,. it is governed llnder its Articles of AssiKiation.
De¢i5ion-making
The Board of "I'rustees meets at least three times each ￿ear to discuss and review plannino
developtnent, financial and
administrative matters and more frequently as required. The quornm for decision-mak jn(T of the board can be no l¢ss than
three Trustees.
M#Nagement
While the Board of Trustees and Founding Director sei company polie). and strdtegy, day to day management of the
organisation is delegated to ihe Senior Management Team.. Founding Direcior. Dan Charlish, Operdtions Director, La
Kinnear. Development Director, Rachel Cruz and Progrdm¥ne Director. Corn1￿ Whelan who take overall responsibility. for
ensuring the effective management and forward planning of Switch180 in line with decisions of the board and the current
business plan.
REFERENCE Af4D ADMINISTRATIVE DETAILS
Registered Company number
04929970 (England and Wales)
Registered Charity llU￿ber
1101030
Rtgi5tered office
306a Portland Road
Hove
East Sussex
BN3 iLP
Trustees
D l Brown
D A De Terville
A E Grant
Ms C Pearson
M5 A C Stuart Taylor
M5 J G Brown
A Barrow
Auditors
Charioi House Limited
Chartered Accountants aThd Statutory Auditor
44 Grand Parade
BrightorÈ
BN2 9QA
Page 8

SWITCH180
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 30TH JUNE 2022
REFERENCE AND ADMINISTRATIVE DETAIIS
Scottish Charity Registrdtio
The charity is also registered as a charity in Scotlan(L number SC(M3344.
Bankers
HSBC
154 Clapham High Street
Clapham
London
SW4 7UQ
Metro Bank
One Souiharnpton Row
London
WCIB SHA
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The trustee5 (who are also the directors of Swiich180 for the purrKbses of companv law) are responsible for preparinu the
Report of the Trustees and the financial sthtements in accordance with applicable law and United Kingdotn Arcountirtg
Standards (United Kingdom Generally Accepted A¢cowiting Practice).
Company law require5 the trust¢es to prepare financial 5taternents for each flnancial year which give a true and fair view of
the state of affairs of the charitable company and of the incominu resources and application of resources, includino the
income and expendirnre, of the charitsble co]npany for peri￿. In preparing those financial ststemcnts, the tTUStees are
required to
select suitable accouniing p)licies and then apply th¢m consistently.
observe the methods and principles in the Chariry SORP..
tnake judtsements and estimaies ihat are reasonable and p￿deTrt.
prepare the f￿ancial statements on the (poing concem basis Unl￿ it is inappropriate to presume (hai the charitable
cornpany will continue in business.
The trustees are responsible for keeping proper accounting records which dI￿[05e with reasonable accuracy at any time the
financial position of the charirable company and to enable them to ensure that the financial staiements comply with the
Companies Act 2006. They are also responsible for safeguarding the assets of th¢ charitable CO￿panY and hence for taking
reasonable steps for the prevention ond detection of fraud and other irregularitie5.
In so far as the trusiees are aware..
there is no relevant audit informalion of which the charitknle comykny's audiiots are unaware. and
the trusiees have taken all steps that they ouoht to have taken to rnake themselves aware of any relevant alldit
information and to establish that the auditors are aware 01th￿ inforniation.
AUDITORS
The auditors, Chariot House Limite¢ will be prO￿Sed for re-app)innnent at the forthcoming Annual General Meetino
Page 9

SWITCH180
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED
TH JUNE 2022
Rep
rtof
e trustees, incoTP)rating a strategic rewrL approved by order of the board of trustee5. as the company dire£tors.
l4.TrJ..... and signed on the IM)ard's behalf bv:
A E Grant- "I rust
Page 10

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
SWITCH180
Opinion
We have audited the financial s(aiements of Switchl 80 (th¢ charitsbl¢ company,) for the year cndcd 30th Jun¢ 2022 which
comprise the Statement of Financial Activities, the Bolance SheeL the Cash Flow SraTrmeni and notes to the financial
statemenis, including a summary of sigt]ificant accountino
rA)licies. The fmancial rew)rting frdmework that has been applied
in their preparation is applicable law and United Kinudom Accounting Standards (United Kingdom Generally Accepted
Accounting Pra¢tice).
In our opinion th¢ financial statements..
give a true and fair view of the sthte of ihe charithble company's affairs as * 30th June 2022 and of its incoming
resource5 and application of resources, tncluding tts income and expenditure, for the year then ended,.
have been properly prepared in accordance with United Kinodoln Generall). Accepted Accounting Practicc: and
have been prepared in accordance with the requirements of the Companies Act 2(N)6.
the CharÈties and Trustee Investrnent (Scotland) Act 2005 and Regulation 8 of the Charities Accounts (Scotland)
Regulations 2(￿.
Basis for opinion
We condurted our audit in accordance with Iniernational Stsndards on Audiiing {UKI (ISAS (UK)) and applicable law. Our
responsibilities under those standards are further described in the AuditOTS' responsibilities for the audit of the financial
statements section of our rewrt. We are independent of the charitable cornpany in accordance with the ethical
requirements thai are relevant to our audit of the fmancial statema]ts tn the UL including the FRC'S Ethical Stsndard. 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 b&¥Ès for our opinion.
Conclusions relatiThg to going CODcern
In auditing th¢ financial stat¢m¢nty w¢ havc concludcd th¢ tru5t¢CS' Us¢ of thc going concern basis of accounting in the
preparation of the financial statements 15 appropriate_
Based on the work we have performe4 we have not Èdentified any tnaterial uncertaintie5 relating to events or conditions
that, individually or collectivelj., tnay cast siJ(r ificant doubt on the charitable CoMpan￿S ability to continue as a going
concem for a period of at least twelve Tnonth5 froln when the fmancial staternents are authorised for issue.
Our responsibilities and the responsibilities of the t￿￿teeS with resrKct lo going concern are d¢5cribed in the relevant
sections of this rewrt.
Other infonnation
The trnstee$ 2re responsible for the other information. The other inforniation comprises the inforniation included in the
Annual Report, other than the fmancial 5taternents and our Report of the Indeper]dent Auditors thereon.
Our opinion on the financial ststements does noi cover the other inforniation and. except EO the extent othenvise expliciily
stated in our report, we do not express any forn] of assurdnce conclu5É0n thereon.
In connection with our audit of the financial statem¢nts, our re5wn5ibility is to read the other inforniation and. in doing so,
consider whether the other inforn]ation is materially inconsistent with the financial ststements or our knowledge obtained in
the audit or otherwise appears to be materiall) tnLSStated. If we identify. suth material inconsisiencies or apparent material
misstatements, we are required to detemiine whether this tsives rise to a matertal misststement in the financial statements
thetn5elves. If. based on the work we have performed. we conclude that there is a m*erial missthtement of this other
inforniation. we are required to repl￿ tha( facL We have nothing io repon in this regard.
OpiNion5 On other matters preseribed by the Companies Aet 2(M)6
In our op￿lon. based on the work undertaken in the course of ihe audit..
the infomation given in the Rewn of the TNsiees for the fmancia] year for which the financial statements are prepared
is consistent H'ith the financial statements. and
the Report of the TTUStees ha5 been prepared in accordance with applicable legal requirernents.
Page 11

REPORT OF THE INDEPENDENT AUDITORS TOTHE MEMBE
SWITCH180
OF
Matters on which we #re required to report by eJ¢eptlOD
In the light of the knowledge and understanding of the charitsble company and its environment obtsined in th¢ course of the
audiL we have noi identified material rni551atements in the Report of the Tn￿.
We have nothing to report in respect of the following mauers where the Companies Act 2006 and the Chartties Accounts
(Scotlandl Act 2006 require us to report to j'ou if. in our opinion=
adequate accounting records hav¢ noi been kept or remrns ad¢quaie for our audit have not been receivcd from branches
not visited by us. or
the financial statements are noi in agreerneni with the accounting records and returns: or
certain disclosures of tru5tees' remunerdtion specified bv law are not made- or
we have not received all the information and explanations we require for our audit.
Responsibilities oftrustets
As explained more fully in the Ststement of TnJstees' Re5ponsibilitie5, the trusiees (who are also Ihe direcwrs of the
Charitable company for the purpose5 of company law) are reswnsible for the prtpardiion of the fmancial 5tatetnents and for
being satisfied that they give a true and fair view. and for such internal control as the trusttts detennine 15 necessary to
enable the preparation of (￿anCial siatements lh* are free from m￿erIal misstsiemeDL whether due lo fraud or em)r.
ID preparing th¢ fmancial statements, the trustees are responsible for assessing the oharitsble company's ability to continue
as a going concern. disclosin
as applicable, matters related to going concern and using the going concem basis of
accounting unless the ttustees either intend to liquidate the charitable company or to ceas¢ 0￿ratiOnS, or have no realistic
alternative bui to do so.
Page 12

REPORT OF THE INDEPENDENT AUDITORS TOTHE MEMBERS OF
SWITCH180
Our responsibilities for the audit ofthe fIna￿claI stslements
Our gbjective5 aTe to obtain reasonable assurance about whether the f￿antial staternents as a whole are free from material
Tnisstatement, whether due ro fraud or em)r. and io issue a Report of the Independeni Auditors that includes our opinion.
Reasonable assurance is a high leyel of &ssuran¢e. but l5 not a ouatante£ that an audit c4)nducted in accordance with ISA5
(UK) will always detect a material missraiement who) li exists. Mis5(atements arise fro￿ fraud or error and ate
on5ideTed material if, individuallv or in the ￿￿etsaIe. thev could iea50nably be ex￿cted to influence the econotnic
decisions of users taken on the b&%is of these financial statements.
The extent to wljich our procedures are capable of detecting irreglliarities. in¢ludÉng fraud is detsiled below:
We gained an und¢rstanding of the legal and regul&ory framewoTk applicable to the clJ3rttsble co￿PanY and the industy i
which it operates, and ¢onsidered the risk of by the charitable company that were contrary to applicable law5 and
r¢guiations, including fraud. We identified the following laws and regulations are central io the charitable company..
Companies Act 2006
Charities Act 2011
Charities SORP 2019
aulation5
Health & safety re.
Charities and Tru5tee5 Inve5tmenl (Scotland) Act 21KI5
We did not find any in51ances of non-compliance or breaches of the legislation framework applicable to the charitable
cotnpany.
We designed audit procedure5 to respond to the ri5L recognising that the risk of Dot detecting a material rnisstatement due
to fraud 15 hioher than the rtsk of not detecting one reslllting from error, as fraud may involve deliberate concealment by, for
exatytple, forgery or intentiona] mi5representstions, or through collusion.
We identified that the followin(p area5 were of hiJo risk-.
Completeness of incoTne. We performed variou5 audit tests to ensure income w&8 not matertally understaied in the
financial statelnents.
Mana(Tement override of controls. We F£rfornied various audit tests to cnsure there w&8 no material management
override of controls
We focussed on laws and regulations which could gtve rise lo a malerial misstatement an the financial statements, including.
but not limited to, the Companies Act 2006: UK tax legisl￿10n. Chariiies Act 2011. Charities and Trustee Inve5ttnent
(Scotland) Act 2005 and Chartties SORP 2019_ Our tests tncluded agreeing the financial statement disclosures to underlying
supporting docutnentation. enqutrie5 rnanagelnellt and enquities of legal counsel when considered necessary. There are
inherent limitations in the audit procedures descrtbed alK)ve and. the fullher removed non4ompliance with laws and
regulations is from the events and transa¢rions reflecied in the financial sthtements, the less likely we would become awar¢
of ii. We did not ideniif), any key audit matters relating io irregularities, including fraud. As in all our audits, we also
addressed the risk of management override of iniemal controls, includtnti testing journals and eyaluating whether there was
¢vid¢n¢¢ of managem¢nt bi￿ by the dir¢ctors that repr¢%nt¢d a risk of Material rntS5taternent due to fraud.
A further description of our responsibilities for the audit of the financial statements is locaied on the Financial Reporting
Council's website at www.frc.org.uWauditorsre4)onSLbilities. This description fornis part of our Report of the Independent
Auditors.
Page 13

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF
SWITC11180
Use of our report
This report is made solely to the charitable company's member5: as a t￿y. in accordance with Charner 3 of Part 16 of the
Compani¢s Aci 2006. and to the charitable company's trustees as a bod) in acu)rdance with Regulation l O of th¢ Charities
Act (kotland} Regulations 2(M)6. Our audit work h35 been undertaken so that we might slate to the chariiable company's
members those matt¢rs we are required to state to them in an auditor5, repon and for no other putwse. To the fullest extent
pem)itted by law, we do not accepi or assume ￿[m)nsibl]llY to an}.￿e other than the charitable company and the eharitable
company's members as a b¢)dy, for our audii work, for this repor¢ OF for the Iyinions we have fom)ed.
1114LJ
John Thacker FCA DChA {Senior Staiulory Auditor)
for and on behalf of Chariot House Limited
Charter¢d Accountants and Statutory Auditor
44 Grand Parade
Brighton
BN2 9QA
i)
Page 14

SWITCH180
STA TEMENT OF FINANCIAL ACTIVITIES
INCORPORATING AN INCOME AND EXPENDITURE ACCOUN
FOR THE YEAR ENDED 30TH JUNE 2022
2022
Total
funds
2021
Total
funds
Unrestricted
funds
Restricied
funds
Noles
INCOME AND ENDOWMENTS FROM
Donations and legacies
595.497
537.752
1,133,249
527.768
Charitable activities
Charitabl¢ Activities
158,552
158.552
2.253
Investment income
Other income
1,508
21.451
1,508
21,451
Total
777.008
537 752
1314.760
603.015
EXPENDITURE ON
Raising funds
207.148
207.148
125,515
Charitable activitie5
Charirable Activiiies
569,549
537,752
.107.iOI
356,994
Total
776,697
537,752
1314449
482.509
Net gain￿{[055eS) on inve5tn]ents
20.717
20.717)
5.923
NET INCOMEI(EXPENDITURE)
(20.406)
(20.4061
126,429
RECONCILIATION OF FUNDS
Total funds broughi fon¥ard
1,120,003
1.120.003
993,574
TOTAL FUNDS CARRIED FORWARD
1,099.597
1,099,597
1,120,003
The notes forni part of these financial 5tateTnents
Pdge 15

SWITCH180
REGISTERED NUMBER: 04929970
BALANCE SHEET
30TH JUNE 2022
2022
Total
funds
2021
Total
funds
Unrestricted
funds
Restricied
funds
Notes
CURRENT ASSETS
Debiors
Investments
Cash at bank
25,187
58,149
1.170,247
25.187
58,149
1 170.247
24,440
77.409
1,095,167
12
1.253.583
1,253,583
1,197.016
CREDITORS
Amounts falling due within one yeaT
13
(153.986)
(153,986)
(77.013)
NET CURREf4T ASSETS
1.099.597
1.099,597
1,120.003
TOT AL ASSETS LESS CURRENT
LIABILITIES
-099,597
1.099.597
1.120.003
NET ASSETS
1.099.i97
1.099,597
1 120003
FVNDS
Unrestricted funds
15
1,120,003
TOTAL FUNDS
1.099.597
1.120,003
The financial statements were approved by the Board of Tr￿*tee5 and authorised for issue on .
and were s
ned on lis behalf by..
AEGrant-
rllstee
The note5 F(￿ part of these ftnancial stsiements
Page 16

SWITCH180
CASH FLOW STATE.MENT
FOR THE YEAR ENDED 30TH JUNE 2022
2022
2021
Notes
Cash Ilows from operating activities
Cash generated from operdtions
75.071
167,608
Net cash proyided by ope￿ing aciiviiies
167.608
Casb flows from investing xetivities
Interest received
Net cash provided by invesring acttvities
Change in cash and ea5b equivalents in tbe
reporting period
Cash and eagh equivalents at the begitttting
of the reportRng period
75.080
167,61
1,095,167
927.556
Cash and cash equiyalents at Ébe end of the
reporting period
1,170,247
1.095.167
The noies f(Th part of these financial Statements

SWITCH180
NOTES TO THE CASH FLOW STATEMENT
FOR THE YEAR ENDED 30TH Juf4E 2022
RECONCILIATION OF NET (EXPENDITUREy114COME TO NET CASH FLOW FROM OPERATING
ACTIVITIES
2022
2021
Net (expenditureyiD¢ome for the reportjll2 period (45 per the Ststement
of Fffinancial ActivÉties)
AdjustThents for:
L055tsl(gain} on investments
Interesi received
(In¢reaseVdecrease in debtors
Increa5eildecrease) in creditor5
(20,406)
126.429
19,260
{9)
(747)
76.973
(5,923)
47,916
Net eash provided by operations
75.071
167.608
ANALYSIS OF CHANGES IN NET FUNDS
At In121
Cash flow
Ai J016122
Net cash
Cash ai bank
1.095.167
1.170,247
1095 167
75.080
1,170,247
Liquid resources
Deposits included in c&%h
Cutteni assei investments
77.409
19.260
58,149
Total
1,172.576
55.820
1228.396
The notes forni part of th¢s¢ financial 5tatetnents
Page 18

SWITCH180
NOTES TO THE FINAf4CIAL STATEMENTS
FOR THE YEAR ELYDED 30TH JUNE 2022
ACCOUNTING POLICIES
Basis of preparing tbe fillxDcial statements
The financial sraiemenis of the charttsble cornpany, which is a public benefit entity under FRS 102, have been
prepared in accordance with the Charities SOIIP {FRS 102) 'Accouniing and Rcporting by Chariii¢5.' Statement of
Recommended Prnctice applicable to charities prewin" their accounts in accordance with the Financial Reporting
Standard applicable in the UK and Republic of Ireland (FRS 102) (effeaiye l January 2019)., Financial Reporting
Standard 102 'The Financial Rewning Sthndard applicable in the UK and Republic of Ireland, and the Companies
Act 2006. The financial statements have been prepared under the hisrorical cost convention.
At the time of approving the financsal suements, the trustees have a reasonable expectation that the chaTity has
adequate resources to continue in operdtional existence for the foreseeable fU￿re, including taking into account any
coniinuing potential iEnpact of the Covid-19 pandemic. and on that basis the charity is considered to be a going
concern.
Income
All income is recow)ised in the Statelnent of Fit]ancial Activitte5 once the charity has entitlernent to the funds. il is
probable that the income will be received and the alnount can be measured reliably.
Grants
Grants are reCO.￿ls¢d on an accrn815 basis, accounted for in relation io ihe peri(Kl that they relate. Where grants
have betn received for capiial ilems, the total ￿nI has been di5c105ed in the SOFA and depreciaiion, in accordance
with thc a¢counting policies. be¢n charued against th* in¢oTne over the estimated use￿1 economi¢ life of the
asset.
Where wts are received during the year under review but relate to a later pert(yJ the arnount ]% defetTed under
Granrs in Advance in the Balance Sheet.
ExpeDditurt
Liabilitie5 are recognised as expenditsjre &8 soon as therc is a letsal or constructiv¢ obligation committing the charity
io that expenditure. it is probable that a transfer of economic ￿nefits will be required in Settlement and the amount
of the obligation can be measured reliably. Expenditure is accounted for on an accntals basis and has b¢en classified
under heading5 that aggreoate all ¢051 relatcd to the category. Iwjere costs cannot be directly attributed to panicular
headings. they have been allocated to activities on a basis consistent with the use of resources.
Investments
Investments are a fomi of basic financial instrument and comprise investments in quoted equity instruTnents which
are initially recogni5td at their transaction value and are subsequently tnea5ured at their fair value as at the balallce
sheet date_ Changes in fair value are r¢cogni5ed in the StstemeDt of Financial Activities. Quoied stocks and shares
are included in the Balance Sheet at th¢ Currenl matket price quoted on a reco￿]sed stock exchange as at the
reporting date.
Taxation
The Charity is considered to the tests set out in Parwaph I Schedule 6 Finance Act 2010 and therefore it
Eneets the definitton of a charitsble company for UK COn￿￿tiOn Tax purposes. Accordingly. Ihe Charity. is
potentially exempi frotn taxaiion in reslxct of income or eapiial gains received M'ithin cat¢gories covered by Chapter
3 Part I I Cotporation Act 2010 or Se¢rion 256 of the TaX￿lon of Chargeable Gains Act 1992. to the exient that
su¢h income or gains are applied exclusively lo charitsble purpose5.
Page 19
Continued...

SWITCH18
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 30TH JUNE 2022
ACCOUNTING POLICIES- CODtiDued
Fund aecounting
Unresiricied funds can be used in accordance with the charitable objectives at the dI￿retIOn of the trnstees.
Unresiricted funds are those where there are no externally imwsed resthctions and are available for use at the
discreiion of the Trusiees for expenditute on its objects or appropriated to reserves for iniernally designaied
pujyoses.
Restricted funds can only be used for particular restricted pUr￿ls¢S withill the objects of the charity. Restrictions
arise when specified by lh¢ donor ￿ when fitnds aTe rai5d for Paliculat restricted putp)ses.
Further explanation of the nature and purpose of each fund is included in the notes to the financial stalements.
Pensions
The pension cost charge represents the contribution payable by the Charity to the employers, defined contribution
pension scheme.
DONATIONS AND LEGACIES
2022
2021
Donations
Grants
Activities for generating fuTKI
184.112
791.075
158,062
48,858
435,299
43,61
1.13i,249
527,768
Donations received comprise..
2022
2021
Goldtnan Sachs
VF International
Knight Frank
AJ Bell Twst
Alix Partners
City and Guilds Foundation
Miscellaneous donations including Gift Aid
10.O(MJ
5.000
5.000
95,(MM)
8.541
12.0(
Page 20
C4)ntinued_..

SWITCHI80
NOTES TO THE FIf4Af4CIAL STATEMENTS- continued
FOR THE YEAR ENDED 30TH JUNE 2022
DONATIONS AND LEGACIES- Contin￿ed
Grants r￿e1Ved, included in the alM)ve, are &% follows=
2022
2021
Big Lottery Fund- A￿'ardS rot All
Mariamarina Foundation
Sterry Famil). Foundation
Webster Charitable Tntst
St James's Place Foundatio
The Leathersellers, Company Charitable Tn
Gompels Htalih¢#re Charitsble Fund
Unden¥ood Trnsi
Leicesier City Council
Ernest Kleinwort Charitable Trust
Other Grdnts
Mark Arniitage Charitable Tnjst
John Lyon'5 Charity
BBC Children in Need
Norton Rose Fulbright
Myles Trust
Huoh Fraser Foundation
Young Londoners Fund
l.G.Y Foundation
Ned'5 Fund
Dandia Trust
Vintners. Company
National Lottery Reaching Communities
The Grocers, Charitable Company
Goldman Sachs
Mercers Charitable Foundation
Hedley Foundation
Skinner5' Company
9.610
121.000
l(KJ,(M)O
4,000
15,000
15.000
1,750
250,000
25,0(K)
2,250
7,lJOO
43.500
7.500
15,000
1,000
26,947
20,000
7.500
33,345
525
44.100
35,028
35,0(Ml
i5,202
10,O(M)
3,000
4,500
200,000
7,123
27,9(M)
50.000
4.000
5.000
16,596
4.248
9.950
10,(H)o
5,000
2,800
8.000
791,075
435,299
Income received in ihe current year. but deferred until 202?J23:
2022
2021
Grants
Webster Trust
Leicestershire County Council
Letcester Ciry in ihe Community
Nick Powell
Proud Trust
Greater Spon
Trafford Yi)uth Justice
Dandta Trusi
Kaluma Travel
15.IMM)
15.000
3.000
15.01)0
1,485
2,250
1,980
2.0(rf)
2.000
Page21
continued...

SWITCHI80
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 30TH JUNE 2022
DONATIONS AND LEGACIES- continued
FuDdraising
Fee lThcome
27.953
32,201
INVESTMENT INCOME
2022
2021
Dividends
Deposit account interest
1,499
INCOME FROM CHARITABLE ACTIVITIES
2022
2021
Activity
Charitabl¢ Activities
Fee income- SLA'S
158.552
2,253
CHARITABLE ACTIVITIES COSTS
Support
C(Tr5ts (see
note 6)
Direct
Costs
Totals
Charitable Activitie5
705.229
402 072
1 107.301
SUPPORT COSTS
Management
Charitablc Activities
402,072
Page 22
continued...

SWITCHI80
NOTES TO THE FINANCIAL STATEMENTS- contÉDued
FOR THE YEAR ENDED 30TH JUNE 2022
NET JNCOMEI(EXPENDITURE)
N¢t incom&lexpenditure) is stated after chargingl(crediting)'.
2022
2021
Auditor's fee- audit services
Auditor's fee- non-audit services
Operating lease rentals
3.400
l.l(M)
23.807
2.560
1.030
15.007
TRUSTEES, REMUNERATION AND BENEFITS
There were no trus￿eS. remuneration or other benefits for the year ended 30th Jun¢ 2022 nor for the year ended
30th June 2021.
Trustees, ex￿￿$¢5
There were no tru%tees' expenses paid for the year ended 30th June 2022 nor for the year ended 30th June 2021.
STAFF COSTS
2022
2021
Salaries
Employer's National Insurance
Employer's pension contribution5
342,135
29,012
436,417
28.589
13.697
478.703
384 920
The average rnonthly numberof employees during ihe year was as follows:
2022
12
2021
Average
The number of empk>ytts whose eEnployee ￿neFIts (excluding employer pension costs) exceed¢d £60,000 was=
2022
2021
£60.001- £70,000
Key management personnel remuneration aMO￿led to £73,154 (2021.. £67.940).
Page 23
continued...

SWITCH180
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 30TH JUNE 2022
io.
COMPARATIVES FOR THE STATEMENT OF FI]4A]4CIAL ACTIVITIES
Unrestricted
fiEnds
Restricted
funds
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
332.786
194,982
527.768
Charitable activitie5
Charitable Activities
2.253
2,253
Investment income
Other income
72.991
72.991
Total
408.033
194.982
603,015
EXPENDITURE ON
Raising ￿ndS
125.515
125,515
Charitablt aetivities
Charitable Activities
162012
194.982
356,994
Tothl
287.527
194982
482,509
Net gains on investments
5,923
5,923
NET INCOME
126.429
126,429
RECONCILIATION OF FLNDS
Total funds brought fonyard
993,574
993,574
T(yfAL FUNDS CARRIED FORWARD
1.120.003
1.120.OOi
Pxge 24
continued...

SWITCH180
NOTES TO THE FINAIYCIAL STATEMENTS- contillued
FOR THE YEAR ENDED 30TH JUNE 2022
DEBTORS: AMOUNTS FALLING DUE WJTHIN ONE YEAR
2022
2021
Trade debtors
Other debtors
Prepayments and accnled incorne
6,389
5,860
12,938
19,250
5.190
24.440
12.
CURRENT ASSET INVESTMENTS
2022
2021
Listed investments
58.149
77.409
13.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022
2021
Trade creditors
Social securiry and other taxes
Other creditors
Accruals and deferred income
8,118
6,292
91.083
11.947
3,775
61291
153,986
77.013
14.
LEASIIYG AGREEMENTS
Minimum lease paJThents under non-cancellable £￿ting leases fall due as follows..
2022
2021
Within one year
Between one and five years
26,072
14.461
11.340
25,801
Page 25
continue(L..

SWITCH180
NOTES TO THE FINAPICIAL STATEMENTS-eolltillutd
FOR THE YEAR ENDED 30TH Juf4E 2022
15.
MOVEMENT IN FUNDS
Net
movement
in ￿ndS
At
3016122
Ai 117121
Unre51ricled funds
General fund
1.120.IM)i
(20,406)
,099.597
TOTAL FUNDS
1,120.003
20,406)
1099,597
Net movement an funds, included in the aFx)ve are as follow
Incoming
resources
Resources
expended
Gains and
losses
Movement
in funds
Unrestricted funds
G¢neral fund
777,(M)8
(776.697)
(20,717)
(20,406}
Restricted funds
Webster Charitable TTUSt
Gompels Healthcare Charitable Fund
Miscellaneous donations aEJd buTsarr¢s
Leicester City Council
John Lyon's Chaiily
BBC Children in Need
Norton Rose Fulbright
Youno Londoners Fund
Hedley Foundation
l.G.Y. Foundation
Skinners, Company
15.0(K>
250.(KIO
25.000
2250
35.(
i)202
10,IMMI
4.5(M)
2.81X>
150.(MKI
(15.0￿}
(250,0￿)
(25.000)
(2 ?50)
(35.000)
(35,2(Y2)
(10.o(K))
(4.5(*J}
(2.81KI)
(150,(MY))
537,752
537.752)
TOTAL FUJYDS
1314.7(
1.314.449)
20.406)
Page 26
continued...

SWITCH180
NOTES TO THE FINANCIAL STATEMENTS-eontinued
FOR THE YEAR ELYDED 30TH JiJNE 2022
15.
MOVEMEiYf IN FUNDS- continued
Comparatives for movtmeDt in
Net
overnent
in funds
At
3016121
At Inr20
Unrestrieted funds
General fund
Covid R￿0very reserve to restart
proJo ammes
893,574
126.429
1,020,003
100.000
993.574
126.429
1.120,003
T(YfAL FUNDS
993.574
126,429
1,120,003
Comparative net rnovement in funds included in the aFK*ve are as follows..
Incoming
resources
Resources
expend&l
Gains and
losses
Movemeni
in funds
Unre51ri¢ted fund5
G¢n¢ral fund
408.033
(287.527)
5.923
126,429
Restricted funds
Awards for All
Webster Charitable Trnst
Miscellanetsus donations and bur5arie5
John Lyon's Charity
BBC Children in Need
Myles Trust
Mariamarina Foundation
Young Londoners Fund
National Lottery Reaching Cornmunities
The Grocers. Charitable Cotnpany
9.610
7.500
26.0
44.1(M)
35.028
3.(M)O
21.(KM)
27.91M)
16.596
4248
(9,610)
(7.500)
(26.000)
(44.1(M))
(35.0281
(3.0(K))
(21.(M)O)
(27,900)
116.596)
4.248
194.982
194.982}
TOTAL FUNDS
603.015
482.509)
5,923
126429
Webster Charitable Tntst
Snow Camp Scoiland
Gompels Healtheare Charitable FuTrd
Switchl 80 Progralnrnes
Ikice5ter City CouTheil
Snow Camp Midlands
Page 27
continued...

SWITCH180
NOTES TO THE FINANCIAL STATEMENTS- Continued
FOR THE YEAR ENDED 30TH JUNE 2022
15.
MOVEMENT IN FUNDS- Continued
John Lyon's Charity
Snow Camp London
BBC Children in Need
Snow Comp knndon
Norton RO￿ Fulbright
Snow Camp LoTkdott
Young Londoners Futtd
Snow Camp London
Hedley FouDdatio
Snow Camp London
l.G.Y. Found8tion
Swiich180 Ptogrdmmes
Skinners, Company
Snow Camp LA)ndon
Awards for All
Snow Camp Scotland
Myle$ Trust
Snow Camp Upllft
Mariamarina Follndatio
Snow Camp National Progrdmmes
National Lottery Reaebing Commu￿1(at$
Snow Camp Midlands
The Grocer5, Charitsble Company
Snow Camp London
Page 28
¢Onlinu¢d...

SWITCH180
NOTES TO THE FINANCIAL STATEMEKfs- continued
FOR THE YEAR ENDED 30TH JUNE 2022
16.
RELATED PARTY DISCLOSURES
lan Brown, a Trustee is a director of Snowcentres Ltmitrf which has a subsidiary, Hemel Snowcentre5 LI￿7t¢d and
Traffordcity Snowcentre Limite4 of which he 15 also a director. Snowcamp has rented facilities frotn Ilern¢l
Snowcentres LiTnited, and its associated comwiies, during the year at a cost of £49,994 (2021.. £25.640). One
Tntstee made an unrestricted donation of £ll)O.
Page 29

SWITCH180
DETAILED STATEMENT OF FINA.YCIAL ACTIVITIES
FOR THE YEAR ENDED 3
TH JUNE 2022
2022
2021
INCOME AND ENDOWMENTS
Donations and legaeie5
Donations
Granis
Aciivities for generating fimd
184.112
791,075
48.858
435,299
1.133,249
527.768
Investment iMeome
Dividends
Deposit account inleresi
1.499
1,508
Charitable activities
Fee income- SLA'S
158,552
2,253
Other income
Furlough grant
21,451
72,991
Total incoming resollrees
,314,760
603,015
EXPENDITURE
Raising donations and legacies
Rai5inu funds
Broke15 fees
207.106
42
125.515
207.148
125.515
Charitable activities
RecT￿strail0n costs
Accommodation
Transport Hire
Travel & sub51Stence
R¢cruittnenr & training
Health & safety costs
Ski equipmeDVstordge
Ski lessons and passes
Programme materials
Carried fonvard
13.393
2,318
32,772
31,655
8,048
568
2,701
106,008
8.595
206,058
1,046
(63.080}
132
5,(I90
158
168
805
(54,563)
This page does Dot forffl part of the stat￿Ory financial statefftents
Pag¢ 30

SWITCH180
DETAILED STATEMENT OF FJNAf4CIAL AcfiviTIES
FOR THE YEAR ENDED 30TH JUNE 2022
2022
2021
Charitable activities
Brought forward
Other direct ¢051s
Overseas Opportunities
Movie costs
Counselling
206,058
122.333
3,416
250
373.172
(54,563)
3,934
4,426
705.229
20,955
Support costs
Management
Office costs
Staff Costs
Professional fees
78.044
307,994
16,034
33.949
287,921
14,169
402 072
336,039
Toial resources expend¢d
1.314.449
482.509
Net income before gaiDS losses
120.506
Unrealised reeognised gain5 and losses
Unrealised gaIn￿{losSes) on fLxed asset investments
20.717)
5,923
Net (expenditure)fincome
20.406)
126,429
This we does not forrn part of the Stat￿ory financial statements
Page31