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← Snow Camp

2024-06-30-accounts

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REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS

for the year ended 30th June 2024 for Snow Camp – previously operating as Switch180 incorporating both Snow Camp and Stop.Breathe.Think (a company limited by guarantee)

ANNUAL REVIEW AND ACCOUNTS 2023-24

REGISTERED COMPANY NUMBER: 04929970 (England and Wales) REGISTERED CHARITY NUMBER: England and Wales: 1101030, Scotland: SC043344

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SNOW CAMP – PREVIOUSLY OPERATING AS SWITCH180

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

Page
Report of the Trustees 1 to 13
Report of the Independent Auditors 14 to 16
Statement of Financial Activities 17
Balance Sheet 18
Cash Flow Statement 19
Notes to the Cash Flow Statement 20
Notes to the Financial Statements 21 to 32
Detailed Statement of Financial Activities 33 to 34

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SNOW CAMP – PREVIOUSLY OPERATING AS SWITCH180

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30TH JUNE 2024

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 June 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

Public Benefit

Switch180 is the umbrella for two charitable programmes supporting young people: Snow Camp and Stop.Breathe.Think.

The overall mission of Snow Camp and Stop.Breathe.Think is to turn young lives around through physical and mental health support.

We believe that every young person in the UK should have access to positive opportunities and support. We help those who are 21 and younger to gain the skills and tools they need to live positive and healthy lives.

For full and up to date information please see:

www.snow-camp.org.uk www.stopbreathethink.org.uk

In shaping our objectives and planning our activities for the year, the Trustees have given consideration to the duties set out in section 17 (5) of the Charities Act 2011 to have due regard to public benefit and to the Charity Commission Guidance on public benefit. In particular, the Trustees have considered how the planned activities will contribute to the overall aims and objectives that they have set.

The Trustees believe that the following paragraphs, specifically on the "Objectives and Activities" and "Achievements and Performance" for the year, relate in detail the benefit that the charity provides to the public.

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SNOW CAMP – PREVIOUSLY OPERATING AS SWITCH180

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30TH JUNE 2024

OBJECTIVES AND ACTIVITIES

Aims, Objectives and Significant Activities

During the pandemic Stop.Breathe.Think was launched to support young people during lockdown alongside ongoing Snow Camp programmes. As a structure, Switch180 was created to ensure the smooth running of both charities under one roof.

As a youth charity at heart, Covid created an opportunity for us to help more young people. We now believe we are at the next natural stage of this journey; to enable Stop.Breathe.Think to operate as a separate charity in its own right and for Snow Camp to operate as its own charity once again. Therefore, phasing out the Switch180 structure.

Apart from a shared focus on young people, Snow Camp and Stop.Breathe.Think deliver very different missions, both hugely important in their own right but separate in scope, scale and outcomes. It is important that they are now recognised independently and for each charity to fundraise, communicate and be administered individually.

From 1st July 2024, Stop.Breathe.Think was listed on the Register of Charities with the Registered Charity Number 1206068.

We feel hugely positive and excited about the road ahead. We have created two life changing charities, each delivering fantastic support and with the potential to positively impact the lives of thousands of young people over the coming years.

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SNOW CAMP

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30TH JUNE 2024

Snow Camp

Our Mission

Our mission is to turn young lives around through the power of snowsports, combined with engaging opportunities, positive relationships, and life-changing progression.

Our Vision

Our vision is for snowsports to be available to all and for young people to achieve their full potential through positive opportunities.

Our Objectives

DEVELOP life skills through learning to ski or snowboard, building resilience, perseverance and determination whilst overcoming fear and instantaneously gaining a sense of achievement.

TEACH young people the skills they need and raise their aspirations through new qualifications, vocational training, employment opportunities and apprenticeships on our programmes.

SUPPORT positive mental health and wellbeing by providing advice and support, workshops and 1 to 1 counselling sessions on all our programmes.

CONNECT young people from a diverse range of backgrounds and communities, enabling them to build friendships and experience inclusivity.

IMPROVE accessibility and participation in snowsports to promote equality and inclusivity.

INSPIRE young people through opportunities to experience new mountain environments to widen their horizons and achieve long-lasting inspirational impact.

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SNOW CAMP REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30TH JUNE 2024

Our Programmes

FIRST TRACKS 2-day introduction to skiing and snowboarding with classroom-based life skills sessions focusing on resilience, responsibility, confidence and overcoming fears. Young people gain an accredited Snowsport England Snow Life Award.

GRADUATE 5 weekends of snowsports training with life skills sessions focusing on career opportunities. Representatives from the industry, our patrons and Youth Forum all give inspiring talks. Young people gain an ASDAN certificate in Sport and Fitness and also take part in mental health and wellbeing workshops from this stage onwards with access to 1-1 counselling throughout.

EXCEL 10 weeks of snowsports development and instructor training with British Association of Snowsports Instructors (BASI), including a weeklong residential in a European ski resort. Alongside advanced snowsports training the young people gain their First Aid, Safeguarding and Mental Health Awareness qualifications.

Once the young people complete Excel the following pathways become available:

VOLUNTEER Once the young people complete their instructor training, they become our ambassadors as youth instructors on our programmes, teaching the next cohort of young people. We know young people are more likely to engage with our activities if their peers are a key component of their training. Not only is this empowering for them, but it's also inspirational for the new young people. Many young people will know these young instructors from their neighbourhoods and youth organisations showing them what they themselves could achieve in just one year. It's through these positive relationships that we're able to get feedback from, listen to and respond to the young people we're supporting.

APPRENTICESHIP young people are provided with full time employment for 1 year at Snow Camp which incorporates placements with snowsports industry partners alongside an NVQ Standard in Community Activator Coach or an SVQ in Sports Coaching and BASI Level 1 Instructor qualification. Our apprentices deliver First Tracks, Graduate and Excel alongside our youth volunteers with our Programme Managers supporting. Apprentices take part in mental health workshops and have access to 1-1 counselling sessions. We also offer mental health training opportunities including a Level 1 Introduction to Counselling Skills qualification.

YOUTH FORUM a community for young people who have completed our courses as well as for those who are currently enrolled. The Youth Forum ensures Snow Camp is youth led by providing co-productive opportunities for young people to work alongside our staff and apprentices as youth volunteers in each region. There are regional meet ups as well as one national Youth Board.

Significant activities

2023/24 was a landmark year for Snow Camp - our 20th anniversary year as a national snowsports charity! We engaged 860 young people nationally and built new partnerships with 60 youth organisations. Each young person, from London, the Midlands, the North-West and Scotland were referred to us by their youth worker as needing an engaging opportunity to build positive relationships and life-changing progression.

We engaged and maintained a positive involvement with each young person through our youth-led journey of accredited programmes, delivered in new environments, where they could thrive. Over the course of the year, 990 qualifications were gained, 3,164 volunteer hours took place over the year - more than any previous year - and 78 young people and our 8 Apprentices attended the 2023/24 Excel residential to Andorra, a life-changing week and first experience of the real mountains.

We were also the proud winners of the Social Justice Apprentice Employer of the Year at the South East National Apprenticeship Awards. We were honoured to attend the awards ceremony and be recognised alongside many other fantastic organisations committed to supporting people into and through apprenticeships who are under-represented.

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SNOW CAMP

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30TH JUNE 2024

Our Young People

Snow Camp are committed to reaching young people who would not otherwise experience the lifelong benefits of snowsports. With our life skills and wellbeing support, they are learning more than a new sport. We delivered 277 life skills workshops, showing young people how perseverance, overcoming fear and setting goals on the slopes can also be applied to every area of their lives.

53% of young people attending Snow Camp were female, outnumbering boys for the first time in our history. 18% of our young people attended Snow Camp with a disability. 44% were from black and diverse ethnic communities. 1 in 5 were young carers

Mental Health and Well-Being

Snow Camp supports positive mental health and wellbeing by providing advice and support, workshops and 1 to 1 counselling sessions on all our programmes.

Support from our Wellbeing Managers is always available through tough times. 841 young people accessed Snow Camp's mental wellbeing support, through free 1:1 counselling sessions, group wellbeing sessions focussing on mindfulness and coping strategies and live workshops delivered at each programme stage. For many young people, this support's been truly invaluable over the past 12 months.

95% of young people on our programmes agreed that they have learnt new coping strategies and where these can help in their daily lives and with their mental health.

95% said they have a better understanding of well-being and have gained the skills and strategies to look after their own mental health.

Education

One of Snow Camp's aims is to teach young people the skills they need and raise their aspirations through new qualifications, vocational training, employment opportunities and apprenticeships on our programmes. This year, on Snow Camp programmes:

177 young people achieved an ASDAN Certificate in Sport and Fitness. 78 young people achieved certificates in First Aid and Safeguarding. 51 young people achieved their BASI Foundation Instructor Certificates.

Our apprentices achieved a certificate in Level 1 Counselling Skills, an SVQ/NVQ in Sports Coaching and Level 1 BASI Instructing qualifications.

25 Snowsports industry work placements took place, provided through our industry partners.

80% of young people go on to positive destinations after Snow Camp including paid employment, apprenticeships and further education.

100% of young people said they are confident in setting achievable goals for themselves since participating in Snow Camp.

"I have been through so much recently, but Snow Camp has offered an escape from that. Being part of Snow Camp is about learning what you can do, the things you can reach, and making new friends. I could go around the world with this potentially. I'm going to stick at this and not give up on things like I have in the past" Tieran, Scotland

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SNOW CAMP

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30TH JUNE 2024

Fundraising Events

We couldn't have carried out the vital work explained above without our incredible supporters. From ski challenges to runners and hikers, this is just how some people across the country helped us to fundraise in the last year. Thank you all so much!

20 Year Anniversary Ball

In October 2023, the stunning 'Underglobe' on London's South Bank welcomed over 300 guests, supporters and young people at a very special evening celebrating 20 years of youth charity Snow Camp. Hosted by our wonderful patrons Chemmy Alcott and Graham Bell, the evening was one to remember. A staggering £100,000 was raised thanks to the huge generosity of our supporters who kindly bid, donated, pledged and stood up in support of Snow Camp's work with young people.

Knight Frank Charity Day

On Friday 6th October, Snow Camp were delighted to host a corporate Charity Day for 50 colleagues from Knight Frank, with special appearances from British ski cross athlete Ollie Davis, British alpine ski racer Charlie Raposo, and Snow Camp Patron and international freeskier Warren Smith. Hosted at The Snow Centre, Hemel Hempstead, representatives from across Knight Frank's business came together to support Snow Camp, raising more than £15,000 whilst enjoying a full day of snowsports action, with lessons and tips from Ollie, Charlie and Warren thrown in, supported by Snow Camp young people Darnel, Sophia, Jay Jay, Alice and Milky.

2024 Inter-Livery Ski Championships

On the 24th - 27th January 2024, team Snow Camp were back in Morzine for the annual Inter-Livery Ski Championships (ILSC), where we were delighted to once again be the official charity partner for this fantastic event. Snow Camp were delivering a Team Triathlon on the opening day of the Championships; an incredible 116 participants took part, 29 teams of 4 in total - made up of Livery Company skiers, guests and sponsors. There was a fantastic atmosphere throughout the day as teams took on the Giant Slalom, followed by a Biathlon, followed by a Snow Shoe Hike, scoring points for their times in each element. The event raised over £57,000!

2024 AJ Bell 3 Valley Rally

Back by popular demand, the AJ Bell 3 Valley Rally for Snow Camp returned to Val Thorens for its second edition in April 2024, with 18 incredible teams taking on 6 epic snowsport challenges over 2 non-stop days whilst fundraising to support Snow Camp's life-changing across the UK. Day 1 of the event started with a spectacular Le Mans start, sending all 72 participants off on their opening ski orienteering challenge. Over the course of the next 2 days teams each then undertook a team biathlon, a snow shoe hike, a team distance challenge, a duel parallel slalom and attempted the longest zip wire in the alps to complete their challenge. The event raised over £250,000 for Snow Camp!

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STOP.BREATHE.THINK

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30TH JUNE 2024

Stop.Breathe.Think

Our Mission

Our mission is to support children and young people's mental health nationally by making personalised counselling accessible, available and affordable.

Our Vision

Our vision is for every child and young person to have someone to talk to. Without barriers, without stigma and without the wait.

Our Objectives

BUILD a better tomorrow for children and young people.

ENGAGE children and young people to access counselling through a personalised and youth-centred approach.

PROVIDE professional and friendly safe spaces online for children and young people to talk and be heard.

EMPOWER children and young people with the skills and strategies to manage challenges and live happy and healthy lives.

CONNECT the social care, healthcare and education sectors with our service to provide better mental health support nationally.

ENSURE a common language to share outcomes across sectors supporting children and young people.

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STOP.BREATHE.THINK

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30TH JUNE 2024

Our Service

In November 2020, we launched Stop.Breathe.Think in response to the Covid-19 pandemic. Our unique mental health service offers accessible counselling sessions and support to any young person who would like to talk. There are no wait times and young people are matched with counsellors who specialise in their needs. We're able to ensure that young people can get the right, targeted support they need now.

Our work across 2023/24 highlighted the growing and urgent need for greater access to mental health support for children and young people across the country. To date, Stop.Breathe.Think has been able to:

Significant activities

This year, 526 children and young people received counselling with Stop.Breathe.Think.

60% were female, 37% male and 3% non-binary. 24% were neurodivergent including those with autism, ADHD, OCD, dyspraxia, dyslexia, dyscalculia, DLD, Tourette's & more and 7% were reached from the LGBTQIA+ community.

49% of children and young people lived in Indices of Multiple Deprivation (IMD) 1-4, with a further 35% living in areas 5-8. We are also proud to have supported a diverse cohort of young people from across the country.

We have also put actions in place to ensure we're reaching the young people who need us the most and who would otherwise be unable to access support. We continued with our means tested model for self and parent referrals to gain instant access to the service completely free of charge and built partnerships with schools and youth organisations across the country to provide counselling to those struggling with adverse childhood experiences.

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STOP.BREATHE.THINK

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30TH JUNE 2024

Our partnerships enabled us to reach and support children and young people who might be affected by the stigma of mental health in their communities, social or economic pressures, or would struggle to access a GP and get on a conventional NHS waiting list. We also reached the children and young people who needed our support new social media campaigns.

17% of referrals came were through our Social Media campaigns 36% were referred through 54 of our partner organisations 46% were self-referrals or made by a parent or guardian

92% of children and young people said they had improved mental health thanks to Stop.Breathe.Think

"Thank you for helping my son it's been a very hard 3 years of trying to get him help, finally he has had some. Thank you very much for helping it may not be long but it's something no one else has done, thank you so, so much you have been amazing with him, thank you." Parent

Our counsellors said that 93% of service users had made progress and moved on positively with their mental health and wellbeing.

"I found it tough talking to a stranger, but my counsellor was easy to talk to. She made me feel comfortable and I was able to talk about what was on my mind." Annie, 16

Fundraising Events

Swiss Life Asset Managers UK

Stop.Breathe.Think enjoyed its very first corporate event during mental health awareness week, with an evening of stirring speakers, auctions, impromptu ski lessons and a wonderful dinner, all put together by Swiss Life Asset Managers UK. In just a few hours, Stop.Breathe.Think and a room of amazing new supporters raised an incredible £28,000 to support children and young people across the UK in need of mental health support.

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SNOW CAMP – PREVIOUSLY OPERATING AS SWITCH180

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30TH JUNE 2024

STRATEGIC REPORT

Financial position

The year ended 30th June 2024 recorded net income over expenditure of £25,226. Total reserves, now stand at £1,220,108 (see policy below). A designated fund of £172,532 (see note 16) was allocated for the expansion of Snow Camp programmes over the coming years, leaving £1,047,576 total unrestricted reserves. By comparison, the previous period ended 30th June 2023 recorded net expenditure over income of £95,285, with total reserves being £1,194,882.

Total income for the year ended 30th June 2024 amounted to £1,477,842 compared to £1,441,911 in the previous period. A breakdown of grants received is shown in Note 2 to the accounts. Total expenditure for the year ended 30th June 2024 amounted to £1,459,948 compared to £1,353,193 in the previous period.

In line with SORP (FRS102), expenditure is analysed into two main categories; charitable activities and raising funds for the charity with the 'charitable ratio' being calculated as 'charitable activities expenditure' as a fraction of 'total expenditure'. In the year ended 30th June 2024 £1,300,833 of expenditure relates to charitable activities, and £159,115 to raising funds for the charity, a 'charitable ratio' of 88%. By comparison, in the year ended 30th June 2023, £1,161,655 related to charitable activities and £191,538 to raising funds for the charity. The charitable ratio for the previous year was 86%.

Snow Camp

Total income for the year ended 30th June 2024 amounted to £1,152,559 for Snow Camp which includes the 2022-23 Designated Reserve Fund of £175,123 following the very successful AJ Bell 3 Valley Rally fundraising event celebrating our 20[th] year. Total expenditure for the year ended 30th June 2024 amounted to £1,018,535. By comparison, total income for the year ended 30th June 2023 amounted to £1,009,836 and total expenditure amounted to £921,179.

Stop.Breathe.Think

Total income for the year ended 30th June 2024 amounted to £325,283 for Stop.Breathe.Think. Total expenditure for the year amounted to £325,383 on service delivery and £116,030 on the transfer of a Designated Reserve in preparation for the transition to its own entity on 1st July 2024, totalling £441,413 for the year ended 30th June 2024. By comparison, total income for the year ended 30th June 2023 amounted to £432,075 and total expenditure amounted to £432,014.

Reserves policy

We are committed to using our resources in pursuit of our charitable objectives. We are also committed to maintaining a level of reserves that is prudent to meeting ongoing liabilities, sufficient to ensure that all delivery commitments can be met and to protect the long-term future. Our Reserves Policy seeks to balance these priorities by aiming to hold a level of General Reserves based on the planned expenditure and for any uncertainties for the year.

Our net income over expenditure ended at £25,226. Total unrestricted reserves, now stand at £1,047,576. A designated fund of £172,532 (see note 16) was allocated for the expansion of Snow Camp programmes over the coming years. The trustees are committed to maintaining our general reserves policy to a goal of 9-12 months, in order to ensure the sustainability and growth of the charities going forward. (See note 16).

Snow Camp expenditure requirements for 2024/25 are expected to be £1,100,000 to support up to 1,000 young people. With an unrestricted reserve fund of £1,047,576 and designated fund of £172,532 to ensure the sustainability and development of the charity going forward. (See note 16).

Stop.Breathe.Think planned expenditure for 2024/25 of £400,000 will ensure more than 800 children and young people are supported. As all funds were set aside at the year-end for transfer to the new charity, a designated creditor of £220,235 was set up to ensure a reserve is in place as the charity operates independently from July 1st 2024.

Going concern

The Trustees are pleased to acknowledge that current reserves satisfy our reserves policy and are sufficient to cover forthcoming commitments for both charities going forward. The level of reserves will continue to be monitored quarterly at both Snow Camp and Stop.Breathe.Think Trustee meetings, and appropriate action will be taken if reserves fall outside the desired range. The Trustees therefore consider the charity to be a going concern.

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SNOW CAMP – PREVIOUSLY OPERATING AS SWITCH180

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30TH JUNE 2024

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Recruitment and appointment of new trustees

Procedures have been established for recruiting and supporting trustees. When areas are identified for which, additional trustees would be helpful, an open recruitment process is scheduled, utilising wide and inclusive search methods such as advertising and networking with other charities. In addition, Board members and the Director use their own networks to encourage suitable people to come forward. An induction and the provision of any required training ensures that new trustees are aware of their responsibilities and enables them to learn about Switch180 in a structured way so that from the start they understand the charity's objectives. All trustees identify their training needs annually and measures are taken as necessary to ensure that these needs are met.

Organisational structure

Switch180 (formerly Snow Camp and now re-registered as Snow Camp as of 25 July 2024) is a registered charity and a company limited by guarantee. It was incorporated on 13th October 2003 and registered as a charity (with the Charity Commission for England and Wales) on 4th December 2003.

Snow Camp was registered as a charity with the Office of the Scottish Charity Regulator (OSCR) on 6th August 2012, (Charity Number SC043344).

The charity was established under a Memorandum of Association, which describes the objects and powers of the charitable company; it is governed under its Articles of Association.

Decision-making

The Board of Trustees meets at least three times each year to discuss and review planning, development, financial and administrative matters and more frequently as required. The quorum for decision-making of the board can be no less than three Trustees.

Management

While the Board of Trustees and Founding Director set company policy and strategy, day to day management of the organisation is delegated to the Senior Management Team: Founding Director, Dan Charlish, Operations Director, Lara Kinnear, Development Director, Rachel Cruz and Programme Director, Matt Conroy 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.

Key management remuneration

The remuneration of the staff, including key management, is reviewed annually by the full board.

Risk management

The trustees have carried out a review of the major risks to which the charity is exposed and considers that systems are in place to mitigate the risks. The major risks are assessed annually by the trustees, taking into consideration factors, external risks and the effects of legislation.

The major risks identified are:

The systems and procedures in place to mitigate these risks include maintaining fee reserves at an appropriate level, regular/early funding updates, seeking to broaden funder base, effective governance, and continual assessment of risks with appropriate action being taken when they are identified.

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SNOW CAMP – PREVIOUSLY OPERATING AS SWITCH180

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30TH JUNE 2024

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 04929970 (England and Wales)

Registered Charity number 1101030 (England and Wales)

Registered office

306a Portland Road Hove East Sussex BN3 5LP

Trustees

D Ian Brown D A De Terville A E Grant (resigned 31/12/2024) Ms C Pearson (resigned 31/12/2024) Ms A C Stuart Taylor Ms J G Brown A Barrow Ms F Alassan (resigned 2/7/2024)

Senior Statutory Auditor Shona Wardrop C.A.

Auditors

Chariot House Limited Chartered Accountants and Statutory Auditor 44 Grand Parade Brighton BN2 9QA

Scottish Charity Registration

The charity is also registered as a charity in Scotland, number SC043344.

Bankers

HSBC 154 Clapham High Street Clapham London SW4 7UQ Metro Bank One Southampton Row London WC1B 5HA

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The trustees (who are also the directors of Snow Camp for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

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REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30TH JUNE 2024

STATEMENT OF TRUSTEES' RESPONSIBILITIES - continued

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the trustees are aware:

AUDITORS

The auditors, Chariot House Limited, will be proposed for re-appointment at the forthcoming Annual General Meeting.

Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the company 17 March 2025 directors, on ............................................. and signed on the board's behalf by:

........................................................................

D Ian Brown - Trustee

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REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF

SNOW CAMP – PREVIOUSLY OPERATING AS SWITCH180

Opinion

We have audited the financial statements of Snow Camp (the 'charitable company') for the year ended 30 June 2024 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We have been appointed as auditor under section 44 (1)c of the Charities and Trustee Investment (Scotland) Act 2005, regulation 8 of the Charities Accounts (Scotland) Regulations (as amended) and under the Companies Act 2006 and report to you under those Acts and relevant regulations.

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

Conclusions relating to going concern

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

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

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

Other information

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

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

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

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REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF

SNOW CAMP – PREVIOUSLY OPERATING AS SWITCH180

Opinions on other matters prescribed by the Companies Act 2006

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

Matters on which we are required to report by exception

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

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

Responsibilities of trustees

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

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

Our responsibilities for the audit of the financial statements

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

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

Based on our understanding of the charity and its activities, and through discussion with the trustees and management, we identified the principal risks of material misstatement both at the financial statement level and at the assertion level.

We considered these risks in the light of various factors including the level of complexity, subjectivity, uncertainty, potential management bias, fraud, materiality and any other relevant factors. We considered the extent to which these would have a material impact on the financial statements and designed our audit work accordingly. In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and noncompliance with laws and regulations, our procedures included the following:

15

Docusign Envelope ID: F1EB40EB-C5F5-4FDE-BCC2-A49D13AABA28

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF

SNOW CAMP – PREVIOUSLY OPERATING AS SWITCH180

In addressing the risk of fraud through management override of controls, we tested the appropriateness of journal entries and other adjustments, assessed whether the judgements made in making accounting estimates were indicative of a potential bias and tested significant transactions that were unusual or those outside the normal course of business.

We also

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation

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

Use of our report

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006, and to the charitable company’s trustees as a body in accordance with section 44(1) of the Charities and Trustee Investment (Scotland) Act 2005 and Regulation 10 of the Charities Accounts (Scotland) Regulations 2006. Our audit work has been undertaken so that we might state to the charitable company's members and trustees those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, and the charitable company’s trustees as a body for our audit work, for this report, or for the opinions we have formed.

Shona Wardrop C.A. (Senior Statutory Auditor) for and on behalf of Chariot House Limited Chartered Accountants and Statutory Auditor 44 Grand Parade Brighton BN2 9QA 18 March 2025

Date: .............................................

16

Docusign Envelope ID: F1EB40EB-C5F5-4FDE-BCC2-A49D13AABA28

SNOW CAMP – PREVIOUSLY OPERATING AS SWITCH180

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 30 JUNE 2024

Notes
INCOME AND ENDOWMENTS
FROM
Donations and legacies
2
Charitable activities
5
Charitable Activities
Other trading activities
3
Investment income
4
Total
EXPENDITURE ON
Raising funds
Charitable activities
6
Donation of fund to SBT
Charitable Activities
Total
Net gains on investments
NET INCOME/(EXPENDITURE)
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED
FORWARD		 Unrestricted
funds

£
754,388
129,483
75,470
2,763
962,104
149,109
-
678,971
828,080
7,332
141,356
1,078,752
1,220,108		 Designated
fund -
SBT
£
305,879
19,403
-
1
325,283
10,006
116,130
315,277
441,413
-
(116,130)
116,130
-		 Restricted
funds
£
190,455
-
-
-
190,455
-
-
190,455
190,455
-
-
-
-		 2024
Total
funds
£
1,250,722
148,886
75,470
2,764
1,477,842
159,115
116,130
1,184,703
1,459,948
7,332
25,226
1,194,882
1,220,108		 2023
Total
funds
£
1,276,144
163,873
-
1,894
1,441,911
191,538
1,161,655
1,353,193
6,567
95,285
1,099,597
1,194,882

The column headed “Designated Fund – SBT” represents the de-merged element of the activities of Stop. Breathe.Think which previously operated within Switch 180 (now known as Snow Camp) The notes form part of these financial statements

17

Docusign Envelope ID: F1EB40EB-C5F5-4FDE-BCC2-A49D13AABA28

SNOW CAMP – PREVIOUSLY OPERATING AS SWITCH180 REGISTERED NUMBER: 04929970

BALANCE SHEET 30 JUNE 2024

2024 2023
Designated
fund - fund -
Unrestricted SBT SBT Restricted Total Total
funds reserves funds funds funds funds
Notes £ £ £ £ £
CURRENT ASSETS
Debtors 12 73,376 - - 73,376 45,900
Investments 13 75,392 - - 75,392 66,224
Cash at bank 1,143,075 220,235 - 1,363,310 1,335,325
1,291,843 220,235 - 1,512,078 1,447,449
CREDITORS
Amounts falling due within one
year 14 (71,735) (220,235) - (291,970) (252,567)
NET CURRENT ASSETS 1,220,108 - - 1,220,108 1,194,882
TOTAL ASSETS LESS CURRENT
LIABILITIES 1,220,108 - - 1,220,108 1,194,882
NET ASSETS 1,220,108 - - 1,220,108 1,194,882
FUNDS 16
Unrestricted funds:
General fund 1,047,576 903,630
Designated fund - 3 Valley Rally income Designated fund - 3 Valley Rally income Designated fund - 3 Valley Rally income 172,532 175,123
Designated fund - Stop.Breathe.Think reserves - 116,129
1,220,108 1,194,882
TOTAL FUNDS 1,220,108 1,194,882

The financial statements were approved by the Board of Trustees and authorised for issue on 17 March 2025 ............................................. and were signed on its behalf by:

............................................. D Ian Brown - Trustee

18

The notes form part of these financial statements

Docusign Envelope ID: F1EB40EB-C5F5-4FDE-BCC2-A49D13AABA28

SNOW CAMP – PREVIOUSLY OPERATING AS SWITCH180

CASH FLOW STATEMENT FOR THE YEAR ENDED 30 JUNE 2024

Notes
Cash flows from operating activities
Cash generated from operations
1
Net cash provided by operating activities
Cash flows from investing activities
Interest received
Dividends received
Net cash provided by investing activities
Change in cash and cash equivalents in the
reporting period
Cash and cash equivalents at the beginning
of the reporting period
Cash and cash equivalents at the end of
the reporting period		 2024
£
25,221
25,221
1,323
1,441
2,764
27,985
1,335,325
1,363,310		 2023
£
162,652
162,652
1,894
532
2,426
165,078
1,170,247
1,335,325

19

The notes form part of these financial statements

Docusign Envelope ID: F1EB40EB-C5F5-4FDE-BCC2-A49D13AABA28

SNOW CAMP – PREVIOUSLY OPERATING AS SWITCH180

NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 30 JUNE 2024

1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

Net income for the reporting period (as per the Statement of Financial
Activities)
Adjustments for:
Movement on investments
Interest received
Dividends received
Increase in debtors
Increase in creditors
Net cash provided by operations
2.
ANALYSIS OF CHANGES IN NET FUNDS
At 1/7/23
£
Net cash
Cash at bank
1,335,325
1,335,325
Liquid resources
Deposits included in cash
-
Current asset investments
66,224
66,224
Total
1,401,549		 2024
£
25,226
(9,168)
(1,323)
(1,441)
(27,476)
39,403
25,221
Cash flow
£
27,985
27,985
-
9,168
9,168
37,153		 2023
£
95,285
(8,075)
(1,894)
(532)
(20,713)
98,581
162,652
At 30/6/24
£
1,363,310
1,363,310
-
75,392
75,392
1,438,702

20

The notes form part of these financial statements

Docusign Envelope ID: F1EB40EB-C5F5-4FDE-BCC2-A49D13AABA28

SNOW CAMP – PREVIOUSLY OPERATING AS SWITCH180

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which meets the definition of a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements are prepared in sterling, which is the functional currency of the entity, and are rounded to the nearest £1.

Going Concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future, and on that basis the charity is considered to be a going concern.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Grants

Grants are recognised on an accruals basis, accounted for in relation to the period that they relate. Where grants have been received for capital items, the total grant has been disclosed in the SOFA and depreciation, in accordance with the accounting policies, has been charged against that income over the estimated useful economic life of the asset.

Where grants are received during the year under review but relate to a later period, and there are conditions that need to be met, the amount is deferred under Grants in Advance in the Balance Sheet.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of resources.

Investments

Investments are a form of basic financial instrument and comprise investments in quoted equity instruments which are initially recognised at their transaction value and are subsequently measured at their fair value as at the balance sheet date. Changes in fair value are recognised in the Statement of Financial Activities. Quoted stocks and shares are included in the Balance Sheet at the current market price quoted on a recognised stock exchange as at the reporting date.

Taxation

The Charity is considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore it meets the definition of a charitable company for UK Corporation Tax purposes. Accordingly, the Charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

21

continued...

Docusign Envelope ID: F1EB40EB-C5F5-4FDE-BCC2-A49D13AABA28

SNOW CAMP – PREVIOUSLY OPERATING AS SWITCH180

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2024

1. ACCOUNTING POLICIES - continued

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Unrestricted funds are those where there are no externally imposed restrictions and are available for use at the discretion of the Trustees for expenditure on its objects or appropriated to reserves for internally designated purposes.

Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose.

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

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pensions

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

Judgements and key sources of estimation uncertainty

In the application of the charity's accounting policies, the charity is required to make judgments, estimates and assumptions about the carrying value of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised, if the revision affects only that period, or in the period of the revision and future periods if the revision affects both the current and future periods.

There are no estimates and assumptions that are considered to have a significant risk of causing a material adjustments to the financial statements in a future period.

Financial instruments

The charity has only financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and are subsequently measured at their settlement value with the exception of bank loans which are measured at amortised cost using the effective interest method.

Financial Assets

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any discounts due.

Financial Liabilities

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any discounts due.

continued...

22

Docusign Envelope ID: F1EB40EB-C5F5-4FDE-BCC2-A49D13AABA28

SNOW CAMP – PREVIOUSLY OPERATING AS SWITCH180

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2024

2. DONATIONS AND LEGACIES

DONATIONS AND LEGACIES
Donations
Grants
Activities for generating fund
Donations received comprise:
Gompels Healthcare Ltd
Knight Frank
A J Bell Trust
British Airways
Delancey
Snowcentre Ltd.
Idea Consult Ltd
Ski Safari
Beaumier Hotel
Maison Sport
Amer Sports UK Ltd
Miscellaneous donations including Gift Aid		 2024
£
221,824
632,973
395,925
1,250,722
2024
£
17,745
85,000
-
-
10,000
15,000
40,000
5,570
5,000
15,000
28,509
221,824		 2023
£
622,078
401,000
253,066
1,276,144
2023
£
500,000
-
-
31,739
10,000
-
-
-
-
-
-
80,339
622,078

continued...

23

Docusign Envelope ID: F1EB40EB-C5F5-4FDE-BCC2-A49D13AABA28

SNOW CAMP – PREVIOUSLY OPERATING AS SWITCH180

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2024

2. DONATIONS AND LEGACIES - continued

Grants received, included in the above, are as follows:

The Samworth Foundation
Sterry Family Foundation
Webster Charitable Trust
Mickel Foundation
Underwood Trust
Ernest Kleinwort Charitable Trust
Other Grants
John Lyon's Charity
Anand & Sethi Family Trust
Underwood Trust
I.G.Y Foundation
London Youth
Kaluma Travel
Ned's Fund
A J Bell Trust
Dandia Trust
Norton Rose Fulbright Fund
Team Archie
National Lottery Reaching Communities
Goldman Sachs Gives
Tallow Chandlers Company
Cam and Bear Fund
Kusuma Trust
The Big Give
Sashton Family Foundation
Schreier Foundation
Cheshire Community Foundation
Liverpool Charity and Voluntary Services
The Hospital Saturday Fund
David Riddell Foundation
Channel Training
Britford Bridge Trust
Alpkit Foundation
Income received in the current year, but deferred until 2024/25
Grants
A J Bell Trust
Sashton Family Foundation and Big Give
Ernest Kleinwort Charitable Trust
Norton Rose Fulbright Fund
Knight Frank
Sterry Family Foundation
Drapers Charitable Fund
Dandia Foundation
David Wilson Foundation		 2024
£
10,000
-
20,000
5,000
25,000
10,000
1,000
35,000
1,000
-
200,000
-
-
5,692
215,000
-
15,000
-
-
10,000
4,000
-
-
10,000
15,018
2,500
17,500
1,063
2,000
15,000
3,000
10,000
200
632,973
2024
£
-
-
-
-
-
4,000
3,000
2,000
2,376		 2023
£
-
4,000
15,000
-
-
-
-
-
-
25,000
200,000
1,000
2,000
-
89,000
2,000
-
10,000
25,000
10,000
4,000
4,000
10,000
-
-
-
-
-
-
-
-
-
-
401,000
2023
£
115,000
25,018
10,000
10,000
5,000
-
-
-
-

24

continued...

Docusign Envelope ID: F1EB40EB-C5F5-4FDE-BCC2-A49D13AABA28

SNOW CAMP – PREVIOUSLY OPERATING AS SWITCH180

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2024

2. DONATIONS AND LEGACIES - continued

Heart of England
Fundraising
Fee Income
3.
OTHER TRADING ACTIVITIES
Sponsorships
4.
INVESTMENT INCOME
Dividends
Deposit account interest
5.
INCOME FROM CHARITABLE ACTIVITIES
Activity
Fee income - SLA's
Charitable Activities
6.
CHARITABLE ACTIVITIES COSTS
Charitable Activities
7.
SUPPORT COSTS
Charitable Activities
Direct
Costs
£
503,781		 6,274
10,369
9,062
37,081
2024
£
75,470
2024
£
1,441
1,323
2,764
2024
£
148,886
Support
costs (see
note 7)
£
797,052		 -
27,953
17,105
222,342
2023
£
-
2023
£
1,362
532
1,894
2023
£
163,873
Totals
£
1,300,833
Management
£
797,052

continued...

25

Docusign Envelope ID: F1EB40EB-C5F5-4FDE-BCC2-A49D13AABA28

SNOW CAMP – PREVIOUSLY OPERATING AS SWITCH180

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2024

8. NET INCOME/(EXPENDITURE)

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

2024 2023
£ £
Auditor's fee - audit services 6,240 5,090
Auditor's fee - non-audit services 1,200 1,150
Operating lease rentals 19,725 27,804

9. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30 June 2024 nor for the year ended 30 June 2023.

Trustees' expenses

There were no trustees' expenses paid for the year ended 30 June 2024 nor for the year ended 30 June 2023.

10. STAFF COSTS

Salaries
Employer's National Insurance
Employer's pension contributions		 2024
£
605,881
44,702
19,506

670,089		 2023
£
533,009
42,129
19,553

594,691

The average monthly number of employees during the year was as follows:

2024 2023
Average 26 26

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

£60,001 - £70,000
£70,001 - £80,000		 2024
-
1
1		 2023
1
-
1

Key management personnel remuneration, being the Trustees and the CEO and comprising gross pay, employers' National Insurance and Employers' pension contributions) amounted to £87,365 (2023: £78,737).

continued...

26

Docusign Envelope ID: F1EB40EB-C5F5-4FDE-BCC2-A49D13AABA28

SNOW CAMP – PREVIOUSLY OPERATING AS SWITCH180

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2024

11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted
funds
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
1,018,144
Charitable activities
Charitable Activities
163,873
Investment income
1,894
Total
1,183,911
EXPENDITURE ON
Raising funds
191,538
Charitable activities
Charitable Activities
903,655
Total
1,095,193
Net gains on investments
6,567
NET INCOME
95,285
Transfers between funds
(116,129)
Net movement in funds
(20,844)
RECONCILIATION OF FUNDS
Total funds brought forward
1,099,597
TOTAL FUNDS CARRIED FORWARD
1,078,753
12.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Other debtors
Prepayments and accrued income		 Designated
fund -
SBT
reserves
£
-
-
-
-
-
-
-
-
-
116,129
116,129
-
116,129		 Restricted
funds
£
258,000
-
-
258,000
-
258,000
258,000
-
-
-
-
-
-
2024
£
35,076
5,600
32,700
73,376		 Total
funds
£
1,276,144
163,873
1,894		 Total
funds
£
1,276,144
163,873
1,894
1,441,911
191,538
1,161,655
1,353,193
6,567
95,285
-
95,285
1,099,597
1,194,882
2023
£
11,655
5,600
28,645
45,900

continued...

27

Docusign Envelope ID: F1EB40EB-C5F5-4FDE-BCC2-A49D13AABA28

SNOW CAMP – PREVIOUSLY OPERATING AS SWITCH180

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2024

13. CURRENT ASSET INVESTMENTS

Value at 1 July 2023
Dividends and interest
Charges
Change in value
Value at 30 June 2024
Being
Listed Investments
Cash
Value at date of donation
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Social security and other taxes
Other creditors
Accruals and deferred income		 2024
£
66,224
1,878
(42)
7,332
75,392
47,563
27,829
75,392
61,021
2024
£
18,119
-
230,529
43,322
291,970		 2023
£
58,149
1,550
(42)
6,567
66,224
40,231
25,993
66,224
61,021
2023
£
-
9,415
8,377
234,775
252,567

14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

15. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

Within one year
Between one and five years		 2024
£
17,000
24,083
41,083		 2023
£
17,000
41,083
58,083

28

continued...

Docusign Envelope ID: F1EB40EB-C5F5-4FDE-BCC2-A49D13AABA28

SNOW CAMP – PREVIOUSLY OPERATING AS SWITCH180

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2024

16. MOVEMENT IN FUNDS

Unrestricted funds
General fund
Designated fund - 3 Valley Rally income
Designated fund - Stop.Breathe.Think
reserves
TOTAL FUNDS		 At 1/7/23
£
903,630
175,122
116,130
1,194,882
1,194,882		 Net
movement
in funds
£
143,946
(2,590)
(116,130)
25,226
25,226		 At
30/6/24
£
1,047,576
172,532
-
1,220,108
1,220,108

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

Unrestricted funds
General fund
Designated fund - 3 Valley Rally income
Designated fund - Stop.Breathe.Think
reserves
Restricted funds
Webster Charitable Trust
Mickel Foundation
John Lyon's Charity
Anand & Sethi Family Trust
Tallow Chandlers Company
Sashton Family Trust
Cheshire Community Foundation
Liverpool Charity and Voluntary Services
Channel Training
Alpkit Foundation
Ned's Fund
A J Bell
Snowcentre Ltd.
Idea Consult Ltd
TOTAL FUNDS		 Incoming
resources
£
789,572
172,532
325,283
1,287,387
20,000
5,000
35,000
1,000
4,000
5,000
2,500
1,063
1,000
200
5,692
85,000
10,000
15,000
190,455
1,477,842		 Resources
expended
£
(652,958)
(175,122)
(441,413)
(1,269,493)
(20,000)
(5,000)
(35,000)
(1,000)
(4,000)
(5,000)
(2,500)
(1,063)
(1,000)
(200)
(5,692)
(85,000)
(10,000)
(15,000)
(190,455)
(1,459,948)		 Gains and
losses
£
7,332
-
-
7,332
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
7,332		 Movement
in funds
£
143,946
(2,590)
(116,130)
25,226
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
25,226

continued...

2930

Docusign Envelope ID: F1EB40EB-C5F5-4FDE-BCC2-A49D13AABA28

SNOW CAMP – PREVIOUSLY OPERATING AS SWITCH180

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2024

16. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Unrestricted funds
General fund
Designated fund - 3 Valley Rally income
Designated fund - Stop.Breathe.Think
reserves
TOTAL FUNDS		 At 1/7/22
£
1,099,597
-
-
1,099,597
1,099,597		 Net
movement
in funds
£
(79,838)
175,123
-
95,285
95,285		 Transfers
between
funds
£
(116,129)
-
116,129
-
-		 At
30/6/23
£
903,630
175,123
116,129
1,194,882
1,194,882

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

Unrestricted funds
General fund
Designated fund - 3 Valley Rally income
Restricted funds
Webster Charitable Trust
National Lottery Reaching Communities
I.G.Y. Foundation
Tallow Chandlers Company
Cam and Bear Fund
Kusuma Trust
TOTAL FUNDS		 Incoming
resources
£
1,008,788
175,123
1,183,911
15,000
25,000
200,000
4,000
4,000
10,000
258,000
1,441,911		 Resources
expended
£
(1,095,193)
-
(1,095,193)
(15,000)
(25,000)
(200,000)
(4,000)
(4,000)
(10,000)
(258,000)
(1,353,193)		 Gains and
losses
£
6,567
-
6,567
-
-
-
-
-
-
-
6,567		 Movement
in funds
£
(79,838)
175,123
95,285
-
-
-
-
-
-
-
95,285

Designated Funds

Stop.Breathe.Think (SBT) is reserves belonging exclusively to this activity. At 30 June 2024 SBT brought forward reserves were reallocated to the designated creditor balance on the balance sheet in preparation for the entity beginning to function separately from 1 July 2024. The reserves will be transferred or made available to SBT to support its activities in its first year.

3 Valley Rally is income recognised in 2022/23 for projects in 2023/24.

30

continued...

Docusign Envelope ID: F1EB40EB-C5F5-4FDE-BCC2-A49D13AABA28

SNOW CAMP – PREVIOUSLY OPERATING AS SWITCH180

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2024

Restricted Funds

Restricted funding and the projects that they support are as follows:

16. MOVEMENT IN FUNDS - continued

Webster Charitable Trust - Snow Camp Scotland

Mickel Foundation - Snow Camp Scotland

John Lyon's Charity - Snow Camp London Anand & Sethi Family Trust - Snow Camp London

Tallow Chandlers Company - Snow Camp London Sashton Family Trust - Snow Camp Programmes Cheshire Community Foundation - Snow Camp North West

Liverpool Charity and Voluntary Services - Snow Camp North West

Channel Training - Snow Camp Apprenticeship Programme

Alpkit Foundation - Snow Camp Programmes

Ned's Fund - Snow Camp Apprenticeship Programme A J Bell - Snow Camp North West Snow Centre - Snow Camp Programmes Idea Consult Ltd - Snow Camp Programmes

National Lottery Reaching Communities - Snow Camp Midlands I.G.Y. Foundation - Snow Camp Programmes Cam and Bear Fund - Snow Camp North West Kusuma Trust - Snow Camp London

31

continued...

Docusign Envelope ID: F1EB40EB-C5F5-4FDE-BCC2-A49D13AABA28

SNOW CAMP – PREVIOUSLY OPERATING AS SWITCH180

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2024

17. EMPLOYEE BENEFIT OBLIGATIONS

The charitable company operates a defined contribution pension scheme with contributions being made by both employer and employees at variable rates. Total pension costs in the current year amounted to £19,506 (2023: £19,553). At the year end £3,095 was due to the provider (2023: £3,287).

18. RELATED PARTY DISCLOSURES

Ian Brown, a Trustee is a director of Snowcentres Limited, which has subsidiaries Hemel Snowcentres Limited, and Traffordcity Snowcentre Limited, of which he is also a director. Switch180 has rented facilities from the group, during the year at a cost of £37,076 (2023: £49,110).

2 Trustees have made donations to the charity totalling £3,500 in respect of contributions towards fundraising activities.

32

Docusign Envelope ID: F1EB40EB-C5F5-4FDE-BCC2-A49D13AABA28

SNOW CAMP – PREVIOUSLY OPERATING AS SWITCH180

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2024

INCOME AND ENDOWMENTS
Donations and legacies
Donations
Grants
Activities for generating fund
Other trading activities
Sponsorships
Investment income
Dividends
Deposit account interest
Charitable activities
Fee income - SLA's
Total incoming resources
EXPENDITURE
Raising donations and legacies
Raising funds
Brokers fees
Charitable activities
Registration costs
Accommodation
Transport Hire
Travel & subsistence
Recruitment & training
Health & safety costs
Ski equipment/storage
Ski lessons and passes
Programme materials
Other direct costs
Promotional Materials
Overseas Opportunities
Counselling
Stop Breathe Think		 2024
£
221,824
632,973
395,925
1,250,722
75,470
1,441
1,323
2,764
148,886
1,477,842
159,073
42
159,115
-
-
26,456
59,286
6,218
3,487
5,816
159,673
3,276
23,074
4,995
6,283
88,216
117,001
503,781		 2023
£
622,078
401,000
253,066
1,276,144
-
1,362
532
1,894
163,873
1,441,911
191,496
42
191,538
18,746
26,372
26,399
43,570
4,257
3,176
5,604
117,669
3,768
5,705
-
4,728
255,627
-
515,621

33

This page does not form part of the statutory financial statements

Docusign Envelope ID: F1EB40EB-C5F5-4FDE-BCC2-A49D13AABA28

SNOW CAMP – PREVIOUSLY OPERATING AS SWITCH180

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2024

Support costs
Management
Office costs
Staff costs
Professional fees
Total resources expended
Net income before gains and losses
Realised recognised gains and losses
Realised gains/(losses) on fixed asset investments
Net income		 2024
£
55,696
713,580
27,776
797,052
1,459,948
17,894
7,332
25,226		 2023
£
66,355
561,135
18,544
646,034
1,353,193
88,718
6,567
95,285

34

This page does not form part of the statutory financial statements