Com?cny fegi jlrahon Dumt>eT". D5099J69 cot1"e91 jtrJtiU* r..rrte'. 1105460 ScoTry5- Choity nury?ef' SCO43' 19 Klngs Acllve Fovndollo {A company Ilmlled by gvarantee) Annval Report and FiDon¢lol Slalements lor the Year Ended 31 Decembef 2023 Lo-oin Wilcwk & Co -ortered Ac-ov?'ar-s & RÈgi51ereu Audil(x5 68 Queen Stree.. Sheffield si
Klngs Aclove Fovndamon Contents Refe.'erce tsnd Adm nis-otive Deloils 51rolegic Report Trustees, Report 31a5 51oleTrril vl fruslees. RpOn%lI lies Independentr AdI1)r5 Reporl 7tolO Cor7501ida'.ed Slolemenl ol *n(cial klivitie5 Con501iagrtJa 6olonce Sheet 12 Solonce Shee. 13 Consdidatec Stotemenl ot C05- FI¢5 14 Note5 to ltte Financial 5'aterpenls 15 1030
Klngs Ac#ve FtyJndtillon élwehee ond Adrnkn151Tothve Defolb Ch6ef Execurtve Otlicw r R A(dnie5 r A 8u5?Y 11gsgn9c 311051£23.. 311C<IT231 Chlel Fknance Offk Iiwocinled 31105120231 Trusleei PJT ) rav.. CJi' Mr C ThoniDicn .r5 1 Ftrdon Mr5 k 8rty.r rs C BuX'Qn ,,rewed 141101-?31 $•cl•ry MTS L RaryJ5 Prfnclpal on¢J wlst•r•d offl¢• 05r)or-e q¢xoe 47 LO1 Se"eld SIOJLF choriy Is ir¢olD1]le(l in ond Wo5. Coryany RegiJlraMon NurnO•r 050m69 Scottlih Cknar Numb S=tsAJI'g Solcilors <wtitsplc Commwcei He¥se l• Comworaci Syeei Sl 2A- bon•r5 LlC¥'Js &)nk CAC Shelliekj udhors LCrtaiD Wlccck &= ChorfieJ *£ctymrantS & Reg stereo 6B Qoeen s-.tst Shefliehy SI IWR
ngs Poundoffio 5bole9iG kptxI lor the Year 31 tembe[ 2023 MJ5Iee4 J.Jr@ cc.05.-_tt PLfOiescl aren- tr 4irA'%r fP.pyI 3. D8cember ib23 Irl 541Ju d lhe¢o?-les A."1 <. Athlèv•m•nli affld pOrfOonc• ii) c-oiifcoie usei-i? l.-IIOwW cs ni&as¥"isQIwc8s- H•altn oY(t %af)ty dolo d volJn'Lhvr tserfJrrarÉe¢.l01On Gckng euncem -hv ¢¢v1 pd o succe14 JI trwca .¢e¢T 9[j1Y V•knThonty ¢1 exl-ciyanw spÈfL' Iltmsfe5knPry ffi g rol lot: el £6 46i arctrase?e¥ ol £8>) lg- IO IW Acli'ity ??-. r Ir_s'. 155ion ccr%okJa'o (y 0.:)04 knC'i¥ily sè55fs n10 1 JK Yhcc15 Qd 1gC41 comrr.u- l.ljin ¢yr& iwll4d i&.'s=ro wr.r¢ IW." #¥Y•Wm•4lt POtyief>'Q r4cr•oso w O'93waitr¢i Ihcieo or9jnlr.01 Incr•ot• OLMTh9?Dgrt"'onU nellbefir'£J cy'rw.'i 1nrJvcrl'} Tr-Kirtfq W WYrorthgw.'h qKkic )r¢ Mr cJhyryfv-l To ovn9 C- 114¢•d ?cces- Of51 -p dpsrec ff¢rclswl b8 Ooyvtted lryty•n•IIwS uiid Ii'al QLr Qr•v ¢ OCQ5 VIC oL.r FamKTr5 lo #' won=e 10 lives ts. rh4ra c¢m¢s w.,tn9 In Ihc tr.vQVOnop' * eAd'.ro SvSteTs c.t ab,fy tOkeeD-tyer $e. 5P.1¢• Ouf fnp.mttr Qfjnlifil. PQ _r.l.%-.. r..1Ce o. solewcrforycrios> Dy Qvr IOOrl'S tsw<yeneis ui).J kr.1.j..e ffJ' J.1C UOC'C? rncrpdilJi ¥n¢•rtthr•f•J Ipi.,TCf-. mui) (yq rofr'ryll-4 t thA)$t s'afjQGT=5 Jf ,.rtVX*]pix•4e¢l by IhQ thwl•4SO' .1 swdon 115 behctt by Ir: C 8ux'.¢
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Kings Active Found00 Ind•p•ndent A01.$ Rep& io Ihe MernbLYs ol Klngs AcliY¢ Foundation Oplon ' ] J.¢e u(leS.e fopOOI'lC'emenf5 01 <itts- c'tr8 F0r lkne CtD0PC'eTh.cCryp<5ryvl I'jS.OjiOiO'es f.1 tDe j•O- !- £023.I%h. -ItcCntI- r.oi-. -.d In'ner Jreouro.. -ra JGDiC0tgkJ iUr¥-8<J Gonv1v ".ftrS'a'e nf Iw ¥c.o5 yacarthil.-horipys ifTiJbs J5 01)I 23 Jiu ol t-• qQiJ¥- ie:vtt. ICT bf)o' men encec.. hC'4e frereO¥rern% cl coy?leS Actry). ba%is1oi oplr CQ"thJC7eo Ourauail jfi.)CCCid?nr. If'thi 1-.-ISloVaTh7 ry AJ<li-.9 illKI ISA. IIJK 1 qTh1 p.wlrnt)p. kiw.e4Jl .'J-der :e ilcJr4¢yJ5 ?'.le1=$C."Oth7 r'n¢ ALtro":"ti-..?fi¢ bl.i: l-.r eLol cl Ihe IirarG= lQQJroThiof,'5'hc' CC. liata"a tnvfv 4 Jll Ip4 tr¥r b. c. Q-'rJbc c"rT'P)fhy¥-tylly lo-ofjlrno•. m o gor OIKriocn5 011111'¥ 200 i-e fr51¢e5 1hre30•CI 0 wg CLyKlii oideSilK¢.J Ki relev1 JPillrI cn Ie 1rvJ aiJtrylcTrLrylSQuQ- fjc? Cove e Me1 nrtrmow eceot •m•nioTr,Vrtd• e*p Icth
Kin9S Active Fovndollon ependenl Audiorfj ro the Members of AcN¥e Foundarf) In t n'5 tr OLI k-- ryISi atergntr. ¢..e¢,L'IerfJ.. IT9 mclaro m.>•u.@'&r" iereJTrJ IoTètr)ry'.fk)I lo Wp iQPtst.-. Oplnknn ¢W•t molFm by th• ActxvJ8 -PliTr v)(Jf-. Ill%tQ'g•s Phe S'P-10 R6PCrtona Tr.slees Q•Jcfncbe L¥2ory=iepryeo r t)nce QO?1Ca> wl e•r1 on wNch w•or•r•qukqd Ttyieg¥Oby OD'OinM If Ihe r.Quii•ol l-o (Jail J¥r.9 rtol don1, m()l•nolnissia'•ryn'5 n tre 5yoIfjg paw IfJ%lees 4ewrt 'le haQ to f.>SFQCI of .• Io'owry i)C"W5w-oFe A1 YX.6 WJw4es J5 lo iepryfl To Tn Curcolrn'. Ioi Our IwJ¥•¢W fw Cl.(..5 r). YjS'èd. Ipa otr.)I Ili)..> C¢[prY IinLlI'C Jlompr'% Vvim thecccouDliigTPCtr-5 i¥Iums. Ceil&i thc105urei ol triJ5tee'i LV roi have nol C*iythy Ine •An¢¥rMijon5wlire¢M l. rnISdtattrnel ¢1 e-? ?ua ty ery> i a&iify' . Ip Ine geiet.l-trIlb¥
ngs Aclbvè Founda0 ldePendent Aud.% kepL¥l Iglhe Member> ol Kirygs Aclive Fovndolion nr.."£IcI-¥.5 ¢%(J Ct- fr. f'J- fflo'eral iiisstrteTent .1. tj trJuJ s-er(Y a5S4J'an=$" uCte4 r ?Cn JCTorce ¢4-" LSA. LKI aav5 de'ei. Q r'ule-Qi ThSst'Jl>mè-t kn[.n1 eisf-.'.li':twrer,t5 r.-.n orire'roy YJJe-i e.T.)- ofi= ue tera -Th1o-?-.1W K>e to Dlli erce the ecj-Cv deriCicf5= 1qL,1.1c'5 IncbJdrq ore -s'arycesoincy-0-?I9-ce QnQltL4. utLV45 vle aeJqr" turre:pcrS.bts. QDf.vg.'c cepec, mitp.1ryl--¢J-pTertV nrel-et. . rt¢'él ha5 Dee- pL7Cpd G?eTQ'.-g e'lectfienèl c1%4 JYo$ •1 Ik th -la@ fft t- r oThYc]u.aFt)nsord'i Vl• 'Fknce VE5itsQQ':."e¢ I.¥ O )'¥L .tyvrDol onl-ies werg KfotniO4 ofhJ Q•J•fvn¢•15 n(y.m¢y ¢C_its WON3¢ec<o4 to o-rL.n1Iry •stlT)n'•l WilliiTI Ph• FInr1 Sie'èmwinis s-rJtffjl•J la enss• InoT'ITèrf ors15'..1 ié'1gm q4ures Je3ubeJ Ocoie o-rJ e,e'reM¢Yl-Qn Kilh 'ng IrJi- l- Tr'cy Inv.4 ¢Aerole ccwe.)1Th3nl bv. Cl I'V J. Ill'¥ritiofj r.. U1• 41 ow rvp•t ol'h f.ompnri•% Ar1 &fJ)6 seclnn Ill" J Y r..'<yilwi w fNJ%' knvyslwl :"JC=I-01 A-12YJ5,: A I ',Scepa-o.' 2.X6 l=. ¢riffJèa'. U.-'Il bostsee" -0$ IA'eob YOtIoi$ Wure¢') Sl4'o' an o 4*-S'S-tstsyI.IrThi.' |.)r n J 91ar
Kfngs Acllye FOndOn kndepEndEnt Audttorfs Rep lo Ihe Mqrnbqrt ol Kln91 Aclve Foundolio Ihrow-JL' t oudil W,: al thg. Jr'L ertYrT )Se's5. &Ytterce th1 S 4uirleI (t a=r'-trr.?tp Kwcbl-é l.-.r-LY eiryc Df.-.. 'rg Orn71 Tfj5tote-ent rp5U t4nG -¥ I(r l J T51110 Js'"tt_a CLxi¢D 'oYqpfy l?t8r1iorcl orrl4SiCW rn 5rgBre5ér,'a'w& or .r1 -en. Qb'an an..rknerytaTrJ'n3of DTeWC Cc.r0r t= JJO'in pe%i9n Qwaitp-ccewès thgT Qfe propiiJle mOCiCvrn:-Qv& bul.-t'fY IWJ o JV.59 01 £bALyer- fgQ'•Q OSJ'8S ?v I)51è5 CoDcl..d-f 0. MJS-rn•-. cvr.cnrn fft¢i ts mle1.n=eyC r-v em'>. IJ u E- -IsClOI.res n= ¢Lnlru gs g rcvfj CiiThkn¥rr EvgP.Qie'hg J%woI J'9..Th ara=wlei"o' Ihfi+ntr¢O I.m¥T$ nclJ41' q a15clasu'8S. ¢¢Th¥•5 l#ir Yesenits tyieclon. ol Th• av1 Ic. Xtyl r.p niQn. 'Irorl wd.1 fin¢ihg> O-tr $gr-..n. JYfK¥.i-e5 Il.tetWI-ort'y Ihal ¢Senlfy For. Ilii'iyy A.01 FCT gl'(t >pDoII oi LLrdr & fo S'aknjm Ab¢5ttr
Kings ActNe Foundoh"on Consolidttted Slolement OV Financial Aclivities ffor the Yeav Ended 31 Decernbei 2023 Ilncluding Consolidated Income and Expenditure Account ond Statement ol Totol Re¢o9nised Gain5 ond 1055es1 Not¢ ilnrestricled ReslTiCted runds funds Total 2023 Income ond Endowments fvom.. 71.107S cnd l?gac e) Grants roceived Choiilable o=tiv Inveslmenl Income Iricorre f,om clryer t"ading acliv ties Totol Ipcorrie Expendllvre on.. Roi,. Ig I,.Yds Chpr Ir.)blp ortivihcs Tclal tx?ennilure 243 20? 243.202 .506.429 32.623 2 500 429 32.623 5ti9 )9: ai? 48.: .681 Net i- .'omellgxpenditvrel for-.he yeor -ransler- bpb4eeii 'Lrd5 Nel moveme- In 'Jnd ReconcllioNon ol Ivnds 'Ids bro.Jgli' lurw)rd Toli]l iuydb car, ets4 11?Nard IC5 532 1.05 5321 16.4631 3.57 ?.5.% -,?2 8.17 255 5'.1.792 Notè UNestrlcted Ivnds Restricted Ivnds To101 2022 Incorne and Endowmenls fvom.. Dnnalions rnd e9ac.tss G'onls 5.710 446 3/ 1 447,940 .455.650 3.44&371 Inv£lment Inrrtrme Inrcmp from olhpr Iroding ftcliviliA' lo.'ol Inr=w Expendilure on.. ,iting ldref ? 4A9 1- 2 43,, 09,, 18.469,, .'? rxQ9 ':?6, iotol Epena lure Nel Incomellexpendi"Jrel lor'he yeor Trjnsfari lun#$ pl TOV?iinx If I,Jn4- Rtrconcilialion ol lunds To"cl funJ- OroiJsh'. f?P•vard i Otci lunas corrieJ lJrNor ?E8 121 147.OXI $40 134 4-, 00C. 34 857 255 '1 ol rhe gro Jp 5 ottfiyi-ies derive From conlinJitr¢ opefal.ons euri-. o tr>e Jbeve trfvo Deriods. rhe IiJnas sreakaowr. f?r 2021 and I2 Is shown in role - 9. Ll
Klngs Active Foundohon {Registralion nvmber." 050990691 Consolldated Balance Sheel as OF 31 Decembei 2023 NL)le Total 2023 2022 Fixed 055e15 Icrgible ss5ets Investwen15 10? 6$2 367 62,779 367 63 146 Current assels 5Tr.542 45.881. l?9.$97 6CQ WO 3?.?50 51ccks Deblors CLsh al aDd in hand 36a 4L7 Bl6.131 cred015.. AmountJ lalung duè wilhin one year Nel cvrTent ossels 1133.3741 1315.8901 794 1,16 Net aisels 8iO.792 8j7.254 Funds al Ihe iroup.. Restrlcted Income lund5 Unrestrlcled lunds 85, :S4 Tolal lund5 19 lal ¥lolerip1ls oil wges I lu 30 weie up6yove(J the "usiees. ond JrCliSekn for Issue on arKI >iJiied Ihek benall by Mrs C 8Jxtor Tru>lee 12
King5 Acmve Foundalbon {RegistroNon nvmber.. 050990691 Balance Sheel as ot 31 December 2023 Nole Tol¢l 2023 Total 2022 Fixed assets Toqgible c:-sels Investmenti 105.662 369 106.C31 62.779 369 63.148 CuTh•nl assets In.iesiment5 Sloccs Deolors cas ol bank ond in hcnd 509.542 45.884 I CO,J28 2C5.375 861 129 600.OCQ 32.2&J 114.504 3£9.35L 13 Credltors.. Amoun+s lol¥n9 due wllhkn one year Net cvrient ojsets Is 1328.J3Ql 767.51 6 723.164 Nel q¥sets 829,195 830 724 Ivnd5 pl Ihe group.. (teslrfcled Incorne fundj Vnr•strlcl•d Ivnds Unreilricled g*ier01 funds Total lundi 8?9 195 829.195 879 724 8iD 724 rhe li Lnciol sialemer.ls on pages I I to 30 were OPFKoved by the trv5tees. and oblhoisea lor issue on ano signed on their oehall by- Iirs C Buxlon Irustee 13
King5 Aclive Fourbdollon Consolidol•d Slotement of Cash Fhjws for the Yeor Ended 31 December 2023 Nole 2023 2022 Cash flows trom opeiollng oclivllie5 Nel Irnorr.p 16.4631 Adlv51rnen15 tro cosh Fkjws From non.cash items Deorer. olion Inv•Elmpn'. Inrorne Chonap In market walue of curtent Oisel nVPitment Lois on disoosol ol.ttng ble fixed Oisels 58.C61 132.6231 36.C32 12,165,, 19.5421 9.933 wkIng capltol adjvslrnenls Decrecsei liocreo5e in s'1.-ks DecreaiLi Iiqcrets5el in ceoicvs IncreobcI,'decreos&l In c'ea'iory Caih flows from ODeraling actillIeS 113 6331 7.604 17.0331 142352 Cosh flows Irom Investlng acN¥tties Ir,lefesl .ece vable ond similqf Ircarne Inwesled In currenl ossel inY¥slmenls Sale ol r,Jrronl as$0. Invèstmenis P%yrchose nl la-gibki. Iiyort ossels Sole ol 'ongiDk lied osset5 Nel casy flo$ Irom.nvesYing octv"ie5 32.623 2 165 16W (X)O,' I(. 1101.4451 166 155., 1.651 Nel ircfeaso ,n cash ond cosry eqvivaien Ca-l end cash equivolenls at l Jonua"I C051 cnd cosh e¢Juivolenls at 31 December 11474331 360 J47 1343 4131 703.960 360.547 21 21 All ol the cash Ibw< ore doi ved from ccnl nuirig opeitsions durng Ihe abo'ie periods. 14
Klng5 Active Foundulion
Notes to the Finoncigl SlotemeTrts Ihe Yeor Ended 31 December 2023
l Accovnlin9 pollcies
o151gnilicont o¢¢ounilng polici05 and ky occounling estimoles
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Kings Active Foundollon
Notes to Ihe Flnoncial St¥]tements the Yeai Ended 31 December 2023
Golng coneern
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loo
Kings Aclive Foundotiorb
Notes to Iht Hnonciol Stolernenls fov the Yeor Ended 37 December 2023
Taxatlon
The char IV is considered loi pcss
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longlble fixed u55et5
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OLcumulo'ed Imoairtyent bsses.
Dtpreelotton and amerMso16on
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value ove¢ Ihe r exp¥Lled u5clul eLo-OryNL Ille Js'ollcws.
Asset class
Ivltyiof ¥e'iicle5
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Depreciallon method gnd rate
25% s-ioigf.. Ipne L)tsSIS
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Reoli>ce Joins ond losses ?r In'/oslmenls 'e colculoled =s tne dI'leree Cel.en Jalp! p'ocpe.Is and
Iheir mark. value ol l >ltsil ol '.he y
'.()' Ihei. subie en1 c?s'. ond or- .'ncxged OT crndileLI Its I'L, S'J'¥erni ol
Finonciol Act'vi',ies in Ihg perioo al diS.-.osoI.
UlirpiiljsiJ gOiYS onc 10sse5 ropreserl the rrovempnl In markel voLes ou'ing ie yeor ana afe creaited OT charged 10
'•e 5'.Jr>ment ol kinonciol Ac'ioilies Dosed on Me ma'ke. Vllve 01 thè yèu end.
Slock
lock is voltsed ol Ihe bwer ol cosl ona eslimolett selhng pr ce s5 cos15 to =ompl?-c and sell. oltw dve rvgurd loi
Obsoiele ono th)w4nov ng sl?nks. Cosl is oelerryyneL1 Vsirg Ibe liri14n. lilA)u, IFIFQI.
Trode debtor5
Iro4a doblors rye amcvnts Irom cbsiomers '¢y nrehand se 50kY or sep/ice3 pe(IiYwvd n ltrp ocoinory cour5v of
rracle deb'ofs ore ra=ogniie4 ini'ioNy pt Ibe tronsoc)or pqce. They ore subsequeillrf e05(ecI ol amornied cosi us pg
le ellerlive Irleresl relyod Ics5 prc4isiory icr i.-purn)e'il A 51011 lor IIIQ Ir"'poi'Y, nl ol Iir)
Kings Aclive Fovndahon
Not¢¥ lo the Flnanclol Stolements for the Yeor Endèd 31 December 2023
Trode credilors
Oli?ol ofjs Ic FO¥ Io'-)oc5 (K jWkj-a5 ttriol trio'ie oepri J-. I iirpi In tho ardi-cry coarse ol susinc55
li AciThunl> Oiiyckle trè clcss lied as CLJVFO?t fjot)iA-5 il canty eoe5 fitrt hove or uicondil 001 ri9'11.
al th- ero ol report ig oerioo. "o celpr ieTrllerreni ol Ie le31'or 'or ol leos1 twpl'ie "iuntlls '"Ir trf)e repoftir
olo 1111,ere 15 on uri-oii(Jil.or(Jl iigi- lo d8ler setrllemer. foT u. 0$1 ele monlh5 ,Ilte" the re?cYhrg clale. 'ney cre
presenle# as non
Klng5 Acllve Foundollon Notes to the Flnunclal Stolemen15 Iiy the Yeiy Ended 31 December 2023 Folr Yolue meosuiemenl bes- eviJence ol lair ue 15 0 qu?Ipd Frikne for icenl.ccl a55et n on at''e rnJke'. When Quoted prices cf ur,av.Jila1e. '4e pr.ce of o recenl Iraiit,=chon fro. on i¢enlicol Jssèt prc)vi3e5 py nencp ol l¢Jir vckne 05 nfj as Ine'e hos pol boe- 0 51qriif=cnl chonge in econom c CWCLprns"ances or o %griificont iortse of liwe Since the tr¢nioclicn lo?k loco. Il lh9 markel Is no- oc-i¢e fecenl 'ty)socl"ons ol on ide4lical a%5el oli the r DVJY .iol o goou eslimole ul fair volue. Ihe'cir 15 e5TiirK)ted by u5i-g o ¢aluJ-ion iechnique. 19
Xiny5 Acmve Ftsondotlon Notes lo the Flnanciol Slatements lor the Yeor Ehded 31 December 2023 2 Income from donJtions and groftls VNesMcted lunds Geneiol Rgsfrlcted frJnds In¢om• Total Totol 2023 2022 Donal ons IrDm Ind GraTrt5 316 243 202 ?43 £02 ry43 Xi2 45.3 65e 316 3 Incom• from chorllabl• 4¢tiviti•s Unreslrfcted lunds Generol R•slricted bJnds Ineom• T¢to1 Total 2023 2022 Spor15 comps UK 5)0 4£ ?%44?9 2.44631 4 Oth•f in¢om• Unreslrfcled lund5 Genwal R•5tTi¢ld Ivnds Tolol rolal 2023 2022 In*-omg Iram liod'iij 5ub5idiory 20
Klngs Aclive Found•ll Nole5 lo Ihe financial Statements lor Ihe Yeor Ended 31 December 2023 5 Expend1tvie on ehoiltobk (Jetlvllles Aclivlty underfaken d¥ecl ACvty support CQ5ts rotal 2023 Total 2022 Spor15 =cmps UK Over5e05 chariloDIc OClivili85 .518.496 .252.553 47 2.771.049 2.713.74S 1.549.63J 2.80£.230 752.144 £2.664 1 9712C,22 - £? 59? 9251 of te oL>ove expeTiJilLK8 Wa5 0"tr"Jutable "o unr85tTicled fupa5 and £137.433 12022 £1 S?,219I to res-rirteJ Tu'bas. In ocJcJil on to tho oxponeituro a,•utysca 000c. orp cbo goveanCe costs 01 £8.4CO12022 - £6 6WI which relate Jirecll¥ lo chariloblo oc'ivil-es. Soe role 6 f?r fyrtner oetoiLs. 21
Kings Aetlve Foundotion Notes lo the Finoncial Stutrements ly thé Yéai Endtrd 31 December 2023 6 Anolysis of gtsv¢rnatrce and support costs Chontable achvilies expeThditur• Basis ol Unrestricted lunds General Rstilcled fvnijs Total Total 2023 2022 Prem5e5 iOfitS gees onc salty es -ty Ir(Jirir,g Pr nling. p051age a-d 5101'#ne U50ge Usogo Ui09 Lilge USkige Uso9e Us09- Usly3@ 219.068 853.24-. .$99 3.831 39.g66 219.168 853.242 20 6?? 3.8i I 3?.Q05 40.3?3 218.332 786.6 4.771 34.557 30.481 16.306 237 Leg01 ond pr?lessiorol 8oqk ch,Jrge5 eororial'orn 1085 on cjisposol 1 2<£ 553 Support cost5 allocoled lo chuvitgble u¢llvlttes B0515 of alkcolion Sports CgrnP5 UK Overseos ¢harftobl• lotol 2023 Legol cosls U50ge Usege USe UsJge 43.303 853 242 277.031 853.?4? 277.631 Prm sès .-tl>ls Irclu#ipo depre=iatirn Other 5JPFOrt 0$..$ 6osis Ot alkncallon sports compi UK Oversegs chorltable Tolal 2022 Legtsl costs S-oll rosls Prerise5 cosls in-lueing depteciOttO Olher iuPPOrt Costs 30d81 78£ 429 25? 71? 63 64) 30461 782.429 2C2712 63.695 UsJge Usoge 50 22
Klngs Aemve Foundol(on Noles to Ihtr Flnejneial Stotements lor Ihe Year Ended 31 December 2023 Governance costs VN•sMcled funds Generol ttesMct•d lunds Incom• Total Tolal 2023 2022 Audit lees 84CC 7 Nel IncomIng/oulgThg r•sovr¢s lor th• y•ar Inclvde.. 2023 2022 Deprecialioy ol lixed ets 58.563 e I01 Pa transoeHons No Irustees. nor ony pefsoY5 Gonneclg¢ with Ih¢rn. hcv? rec¢ivea any remyfjerolion tron ltre goup duriig Phe Year. 23
Klngs AcNve Foundan Notes lo the Finunciol Statemen15 lor Ihtr Year Endetj 31 December 2023 9 51aff eosts Tlie c]ggro9ate pay'oll 05.5 wer¥ Oi follow& 2023 2022 SltJif ¢osts durfng the year were.. on'J s,JlLY PS Sac ol securiti-osli Pension cost¢ Tarwinoliog orio rec¥ndo.'ILy cos's l.i4b 628 83.792 ICI 837 1.38?.0?.2 18.323 49.S37 Perh5iOn COMmilmenls ot the >ear end were £ Ill .'Y22. £rill. Th< mor"hli' overage nJmDer ol ?e'sons ,inrluJing 5eTrior rCerrt 18oml employea ¢v'fre grovp du'lng ltte ieor ertpr8s5eJ .J5 IJ11 me e4uivole'?Is w¢Js ¢5 lollow5- 2023 2Q22 Heo..I cifice Comp 24 94 Thg r'ambe, o, erTpbyees o$e e¢me)IS lell w,¢hil th• l>ltiwinG b¢n4s wos.. 2023 2022 £60.CQI . E,-O.WO £80.ml . £?O.w) Nn employpps receiv(1 pmplavee ben8111s ol mcwe Ihort £6).C(o. l O Audltoij, iernvnerolion 2023 2022 Audil ol 'lie I I'OniioI sl¢lements Olhei non-ou¢il services oawoll 8.4CO .540 66 24
Xing5 Active Foundation Noles lo Ihe Financial Statemer¢ts foi the Yetsr Ended 31 Decemb 2023 I l Tangibl fixed a55•ts Grou Motof ¥ehicles Furniture and equipmenl 5port5 equipment Total C05t Af ' JJi'Jcry 2023 Oppin J odju-lii )onl Aaeil cli Dispos15 Al 31 Jeccmbe, 49,397 41.106 177.986 41.106 101 445 11 &84 66. 245.448 Depreciolion J,?ucTr 2,=?3 Opeving LdjJslTefjr CbargTr 'Lir yecTi Eli,r or, .Iisp05 Al 31 )ertembe' £023 7b.518 34.398 115.208 47.106 8,561 18044 | ?9.784 Nel book vtylue Al 3 Jer.ombe' 2023 Al 3 Jerpmbe. 2022 3C.466 Choill Motoi ¥ehicles Furnilur• and e¢wipmenl Sports èqulpment To101 cosl 2C,?3 21 lé8 10"..421 177.?86 Openif- od,'uslmenl (J lioris Disp05015 Al 31 3eceriei ?0?3 47.106 34,951 $4610 11.884 IC. 445 Depreclation 1 1 2023 Opeii pg udjJslnicr' crg? .0, the Elimini]Icd 09 Ilispajols 31 Jeceiiibei 2.23 75.i18 34.398 L7.IC6 19.484 115.3)8 47 106 58.561 'e944 is.24P 13P.786 Nel book volve Al 3 DPrp.Tbpr"g3 At 31 Derpmber 2022 30.466 6* 776 25
Kings A¢llve Fovndomon Notes lo Ihe Finonclol Statements lor Ihe Year Ended 31 December 223 12 Fi¥etJ asset Inveslmenls 2023 2022 Other lnve51rr.enls Other Investments sted investments Total Cost oi Valuolion Al l Jir,Jor, 2•?2 Al 3 De=embe, 2022 361 361 361 Nel book volue Al 31 DeceTbo' 20i3 Al 31 Dece-ber 20£2 367 347 367 361 Tke morke- value ol Ihe Site(J in deslrnefjls cl 3. Decemoer 2023 a% £?6712022- £36PI. 2023 2022 Snare5 iy grauts underokings Jno port ci?a'ing irle'e5ts Other irvestryen13 ShgiEs gfQUP undertoklngs ond pathcipating inlerests Subsidlory ndertoklngs Totol Cojl At l JqnJefy X23 Al 31 )ecember 2023 Nel book vglue A* !' Dof"emt)er 2023 Al 31 Derember 2022 26
Kings Acve Foundolfjon Notes lo Ihe FInancI 51olements Ihè Ye¢Jr Ended 31 Deeembw 2023 Olhw inveslmenls Listed Investrnenls Totrrjl Cosl or Voluotfort Al l J=iJcTr 2:27 ? l D¥CrTibe, 2013 Nel book vtslue mhpi 2023 13. DeC.P. 2022 307 367 361 367 367 The mtrke. val,Jtr ol the listed Investmenls ot 3 Oe=ember X23 w05 &3671292L . £3611. Detolls ol undertakings Colails ol in J951menls in Ihe ctr.oDly IK)Ics >JWtr more ol tle norrin¢l vcluo ol ony c55 of inLYe copilol ore 05 lullow5'. Proportlgn Of voting righls ond shores held Undertak)ng Covntly ol In¢orpoiglion Holdlng Pi1ncipol octlvlty Tt'¢ provisiJp 015911£eS lo ctr'l4rore ond1&1sure secioTS KhF Prolessifjpol Seplines Lim le Pro18ssional SèNices Limi18a re314- 498 En-b)na ond or1r* ghi1res The pe! 05sels ol Ine sub%ltt ory os 01 31 December 2C23 £21 599 ¢Jnd Ibe proh"l onJ Ios5 lo. 'hc peTiod eii.1irig Ihol oote were 121.597. 13 Cuirent OS5el investmenls Gioup Chailty 2023 2022 2023 2022 Al l Jonvory 2023 Addilicns DiiDosoIs Change markcl value lICQ11 9.)42 9 54=. AI 3- DEceTber 2023 .)9 E42 5Q9 54? 0,0 14 Stock Group Charlfy 2023 2022 2023 2022 Slocki 3i.230 32.•50 27
Kings Active Foundaort Note3 lo Iht Finoncial Stolèrnents Ihe Yeor Ended 31 De¢embei 2023 15 Deblor5 Group Charity 2023 2022 2023 2022 T,ode ts4At)tcrs Other eeo-ori 1,5?5 16 Credilo¢s'. amounts folllng dve wllhln on• y•ar Group Chorlty 2023 2022 2023 2022 Tvade credltai Olde I,?m g'oup .mertOklljgs Olhgl laKolioii on.y s¢xi)I Acrrv¢15 ",6333 8J.019 76.333 8.897 14.680 83.019 IA679 12.656 ??n;15 1?.656 328 529 17 Charfty stohjs Tki8 chgrily 15 o ch0111y SnN'.eu by g'Joi¢nlee ana conseauentty doè5 n)1 hove share copilol. Eoctr. cf 1118 IIu51ees 15 Ilub e Ic cor,IribJle on omounl not excecdi'g £IO'.ow.=r(J5 te 055els ol the ciar ty in tr8 ewenl ol liqu dciior. 18 Commilm•nls Olhei flnoncSal commllrn•nts Prem15e5 ienl & car le(JJe Grovp Chority 2023 2022 2023 2022 Nul lalei lion oré v6UI Lotr IliJ'i onth ye. or¢ *ol bfer t0 live yeors Over live veor5 .324 78.125 i9 498 998 5i.324 2CO 998 28
Kings Active Fourndolion Notes to the Finoncicl Stulements for Ihe Year Ende¢J 31 Décember 2023 19 Funds Balonce at i Jonuory 2023 Incoming Resources expended Baknnce at 31 December 2023 Tronsfefs Upresiricled gepefal Ibnds ,r clgd Inrorrie liJncl.- 7?L 9 569 282 ,'? 68. 277 lJi531 85),792 8J1 2)5 812.484 '2.618 947 85i, /92 R¢sovr¢•s expended Botance at 31 December 2Q22 Jonuory 2022 Irun51ers resources Unros'ri=Ico gcreial ILn(Js k8slrc-ed income Ibn05 a40'34 2.489.. 95 ?.607 7951 335 721 857.255 2 9J-. 857 255 Charll Balan¢• gt i Januory 2023 Incomin9 f•sovr¢es Resource5 •xpend•d Tron5ter5 Decemb•r 2C23 A9 194 R%lFii•&o nci t3 8olonce al I Jonuory 2022 Resources expended Bokince at 31 Oecemb•r 2022 Tran8fer8 resources ? 48? 556 '? 599 5?al 335 121 8K.725 Restsirlea Jnccme lup¢Js 14 Dbrinq Inp 'irr% £105 532 Iion5'eried from f&5tyiclgd Ivrd5"0 vnrc51ri.-td Ot l-pe prJiFI thg obje.rliv?.s dgcl(JT?44 oi aoror beer ryl. 29
Klngs Aellve Foundofvon Nole5 lo the Finonciul Stqlemenls lor Ihe Yeor Endéd 31 December 2023 20 Anolysls ol nel a5$015 behM&•n funds ou Unrestricled hjnds Generol Reslricted lunds rotol funds rang ble lixed Oi>&ts FIXCC Osie. inveslmenr5 Currn1 assels jF5.662 5.662 367 89701? rclol fjel ossels 853.912 Cha Llnreslrlcled lunds Genw lestsicted lunds T?tol funds 105662 369 876 884 105.662 369 861 129 Fixec Osset inveslmer-5 Currcnl Ci&e- 8•9 19) 21 AnolyJ55 of net fund5 Grou At l JanUY 2023 At31 Cash flow De¢•mb•f 2023 Co$li oonk ond In nonc Cash and cush equivilen15 360.546 3fyi i46 147.432 22 Donalions onal on5 )' £nil1£022 - £695., mtsde -) KhF Pri'essiorol ieTricps L'mit4hd Bolswonii durino thp Aor &x*p.ndilure W1s mode Ir, Ihg ¥po' nl £14 548 ',£02=. . Q4 3eA).' Icr overseJi Outreactr prJiects ana £. b.i3512022 £ri11 IJ, LK o&'reocr orojecl5. 30