Com?cny fegi jlrahon Dumt>eT". D5099J69
c￿o￿t1"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. R￿pOn%￿lI lies
Independentr A￿dI1)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￿.￿. C*Ji'
Mr C ThoniDicn
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rs C BuX'Qn
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$•cl•￿ry
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Coryany RegiJlraMon NurnO•r
050m69
Scottlih Cknar￿ Numb
S=tsAJI'g
Solcilors
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Commwcei He¥se
l• Comworaci Syeei
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Shelliekj
udhors
LCrtaiD Wlccck &=
Chorf*ieJ *£ctymrantS & Reg stereo
6B Qoeen s-.tst
Shefliehy
SI IWR

ngs Poundoffio
5bole9iG k*ptxI lor the Year 31 ￿tembe[ 2023
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¢¢Th*¥•5 l#ir Yesenits￿
tyieclon. ol Th• av*1 Ic. Xtyl r.p niQn.
'Irorl wd.1 fin¢ihg> O-tr $g￿r￿-..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..
7￿￿1.107S 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 E*pena lure
Nel Incomellexpendi"Jrel lor'he yeor
Trjnsfari lun#$
pl TOV?iin*x* 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 I￿2 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
cred￿015.. 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 ¥loleri￿p1ls oil wges I lu 30 weie up6yove(J the "usiees. ond ￿Jr￿CliSekn 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
w￿kIng capltol adjvslrnenls
Decrecsei liocreo5e in s'1.-ks
DecreaiLi Iiqcrets5el in ceoicvs
IncreobcI,'decreos&l In c'ea'iory
Caih flows from ODeraling acti￿llIeS
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$0. Invèstmenis
P%yrchose nl la-gibki. Iiyort ossels
Sole ol 'ongiDk li￿ed osset5
Nel casy flo￿$ 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 k*y occounling estimoles
Tl'c pr PLipul
COJT'lin? pok--Ir
S CPFI Ii.,
'c-crJhor ?' r,r.oncicl sta"erneotJ JTe 5cI CLI below,. These
pol'cies hove beei congslently applied cll Ilie yeo's preserled. )l￿er¥￿se iiotrej.
Slatement of complianc
rhe linonc ai sto-nmpn15 n*ve tseen r.re?o"ed Ir, occryJo-ce V41-h Accour'iig and ￿erC￿tif9 Jb. Ckarilic5 Slo-e.m?nl
ol R43Co￿.￿ernQ￿d Proclice ￿p￿sCC￿l- 1¢ ¢*o'jl.<ks pro?ori*g ther o=coL*ls i• o=
rdoncL ￿1.￿ Fin¢riLj21
Rpporting Slardcro app'icjb e 11 'he Jc ond Re-￿bI c of I,-Ip'ic I=RS 1021 lel-ei.14'e l Jo?uary 23151- IC-
il k5 1-21,, I￿.C triroficiai Regor-lng 5tarc¢r¢ oooiic-ok '* JK end Reou-Ii'- cl Irei2.*¢ j--kS ' J21 ond lye Cgrrpon e5
Acl 2ffl6.
80$1$ ol preporatlon
K ￿￿1.1¢, ,)Lridcl-oii mee15 ￿elIn1'10r3 ol o wtr.l- teyeiil enli* ur'eer FIS 102 T-e linor.c ni s'alemenls
CPY F.'rcpiJrt%c n ocru(Y.l*ie w'ry +he Chorlips SORP IF?S Iryl.
Coin?Cnie% Acl 20)0 Tnc li-oriciol 51J'emcfj15 hknve been Kyeporg¢J v?aeF ¥h¢ b15"(xiccI c051 c?Ivenliog. wi'g ￿￿e
exreplioii ol n'deslryi?Il'S wlii.-Tri InclLe(J ol m.i'kel 401ue
The pres8n"oliop OF1￿ Ivrclionol cuvpen-y 5 COYS OQICO lo be pov*ds sier5ng oecouse thi5 15 140 curroncv n 1*0
prliii(Jy eLopiorric L%iiolTOFll71eiil jii wtrictri lie Cliupj'obl8 G.otsp )per￿leS
8as53 01 consolldallon
Vhe ror&olI,lired fifjcnciOI rtoieyen's crnsJiidale fiicncioi sta"effen"s cl the -trttriti ttna it5 subsieiar¥
-,de,lukinJ> dro￿Th uu 1¢. 31 D￿Ce￿Le￿ YJ23.
No 51iilL¥rYiLiii' of linoricicl ocliv li￿S is DFesenla(J lcr t￿e chcrill 0$ permille? se=ton 408 01 the Componies A-12906.
rFie c'ia[Ily rnace a delicII lo, IITioriciol voor o, £5 4631?ry2- Su.p￿s.3., £. 7J 1211.
A subsid cry is Oil èlili'¥ coiitiolleJ ty Ine cho'ity. Cofj'rtsl ￿ ac*lig.￿okn ￿.791￿ Ihg cYL¥i',y has Itie pknK%'o1 to g?we(I' I,,.
.1) e.'Ility so cs cblo * be-,
rho re5blts ol subii3iu.ies OCqLir&c or cisposed ol the veLTr ore ir-ILdcd IP the sla'errent
Irorv the elferl'y* ol a￿a￿ Slticn or vp to '￿e ellecl.ve ¢ole ol Gisrcscl 0$ pppfoori,."le. ￿he.￿ neresiUTh'
.)¢Jiuslmeit5 Ore inooe lo Ihp linanci)l s"ofements of 5ubsi(Jicr'es lo br ng Ilipr acc￿Unt fig ooficies ilito l*ie wi'li IIIc51:
use¢ by Ilie g'oup
The JLrchose me'hoe. ol cccounlifig is 'Jsec to a￿￿OUn1 OLil-e>S comb nali?r> tytsl fesvll in ltte ocquis licn cl
SUJ%pC"Il(yri￿S by grolJP. The WQS. cl o busi*ess cnrrb"no'icn is ￿e0s￿reCI J% 'tre 'J r wJlue al
-p assets givf*li eqv Iv
In5trurrcnli issJel ord hcbihli-s Incuryed rjr 05surre¢ o. the dale ot excharg- plJs costs al'ec'¥ nllribu'.oble t•e
UJ51resJ comvIDolon. Ideiitilioble as)els acquire￿ ond hOL)ts-' cs cnLI cor.liigcrhl lioL)l￿TIeS g5iU In J bv51ne55
comDirol'on are rr&usJr*d iriti21￿. al IbÈj' lJir ¥clJes )1 '.*e ocqd s lion Jo'e
exFÈss o, It'e
rombipol on ovnr rhc occuifrsT'% interp51 In ihe nel I￿￿ voue cl tne itsenli',IVDle 15se'5. IicOilil,es or,.1 roii'infjen.
liabilities recognisel is reccKceo Oi good¥¥ill.
Inler-cotypony transoc-ions Da￿nCeS and LrreoiiseJ w rs on tr-I$OCii￿)S betr•rfe•n cror ty arl Its s1jb￿l4lOr'cs.
which orc rclalco partics. ore elm noled r'Jll.
-qroup 10s5ei are aLro e.ITinoled bvl Tay igijicjln Jn imcoiimcn- ttr? eqJires rcrcgrit on in 'ie consolidaiect
iroTciol 51oleTenl5.
15

Kings Active Foundollon
Notes to Ihe Flnoncial St¥]tements the Yeai Ended 31 December 2023
Golng coneern
T￿e Iru.,'lrteJ cons dc" Ihol Ihere ore no mo'er al vnrp.rliifi'ies cbovl gr(XJPJ 0Sility lo contr,'nLJe aJ a going concerr
r-of ony signif oreos ol ￿￿￿ertoIn"￿ thor all-
-fje ccry'irg v2hJc of e>SOt5 he.'ci by Ibe group Gfoup his
'eslrJc"ured b j re¢v=i*g £loll -umJerJ. It hJs Ch3￿￿9 rnsiinrce ord Ipgenuitrp Ir cdaF-.irg lo the 'aJidli
honging
onb'ircnTenl and rove de￿-S￿O.ed '￿￿7* Ihe}'
Cfl M.&¢ltrer aiy fv"Lr- C￿all￿nceS oopr.)PriO'*l/. The group will be
loo<ing to Incraoie 'heii opevol"o*s toing [cr￿Ord using the p￿.le-s1We kr￿,￿e￿ge goineo from pcnde*riir
Gi'iery the lo￿1 t￿01 the grouF hjs beer Jble to ochie¥e com? tsockin- leve15 .0 ma1ctr, PTe£ov d kveb. olL)ng w.lh
-Locern.
5ubsloiil ol cc511 'tt5eioe) 'ke IrLslee:- coi'5 (Je. ltre 9roup tc be a goin5-
Ineome and endowments
RK&vei)u8 repres￿4.5 I￿"e lees TeceivJblA loi Ibe prJvis'oY ol oci¥ite5 tc children cluring school holdoy ￿XclU￿1￿9 VAT.
Fee5 ore vthco9ni¢eé cier'ne Jer cd ol delivery ot rhe servi-e_
D¢nallons und leggcles
Donclion5 are reccgnised Ihe cbJnt ￿0$ beer nol'lje(J In wrih-,g cl both Ihe iovril oiid s&lllerTl&I'.I I)L)',é) ITI
'Iie gver gol a doyoli J[1 IS sJbiecl to Ctslluitioi-s II'L). Itlqb fe o level tst o&Lrmonce ¢1 t￿e c•arity belore ltric rhcri-y
15 Qllt,Ile4 lo the lunos ltre ircome Is celerrec Jld nol re=¢sn.5eg Jnii eittru 1*05e copoi1ion5 cirtr lulw ryol
'ullilmeril ol Ikoie coqdil on5 is wILlly w'hii Ihc corhol JI the ci-oTil1 cnd It IS ￿robable tho •eEe con¢iligns w11 be
.1 I'i Ilie r¥)orting period
Grants
Granl income is ro=ognis*'ol ￿hen rece ved =r i%hen received ?r wben lfje C￿01-1 becoryps enlillee to receiDI. Gviiflls
Ihul hu'ée ?een received will JA Irealea 05 d=l&rrea Incory?. wnere tnwe orc sJeeil'e rtsqLiirpmDnls In ',hTr'ttrry; ol lye
gran. thol Ihe ineome le￿09r lior s oepen.yenr op certain activilies oeing comD*led in o fvture occJunling pèriod.
Exp•ndi+vr•
All exoenli'vrc i) iocogr15od once IPic'e s o legal or cons'uclive ￿￿lI￿oI10r lo Ihol *>xpei-4ilwe. ,1 15 p'obobl-
se111errenl I reaJire4 ¢11￿ Irie omJur,I car be meosurej re10t￿ ￿1 cx's ore ¢Jllo=o'ec lo ',r,o upplicoble exDI.'rdi'UTO
'oIYipig Ibal oojregoic Iityiiof CQ),S lo 'hol c-, legJ(y. wne¢ts costs c)pnol oe drecltry a"ibu"è¢ lo Jor',IcJlo'
ncJdi*gs. Ihei been ol occle¢J ?- o bc515 ecrsis'ent wilh T￿le ose ol re50ur=es w'n ceYlTal slo I co$15 ollr)cL1ed
-ie >penl and Jporeil(JI QT) ttkoige5 olk)c Iteb ori Ilie per'iThn ol Ine osre s vse. Other 5UPPOrt cosis
Irp f Jll[)(-. oose# on 5preod ol sloll -0515.
Rui51ng lunds
IhJ5LI )fs> C=s-s incbrye¢ in olProcl.ng volun'ary IncfTh. the rrrf)'iogem8n'. ol iiive>lmen15 0noJ t1￿5@ In-. ..iied In Ir.2.ging
Cfvoiltoble octlyitles
r.Ii..Irili)ble e￿-c￿￿,lLir8 coryrses tPose costs ncvrred by 1￿C etrtsrity In lfre celivery of ilr 2clivilies ana servikne5 for 115
Derelifior es. 11 IrcluL1es ¥olh -osls lrya" can t)e alloco'e¢ d ieclly lo suc? ucli* ties ond hJ5e costs ol or ndirect
noluie nere55JPrf'.O suppod Ihern
Support C0511
Supp¢)r ec>sts .n-Ivde lunc'ions bov= been olk>-a'eo lo ueliWty-
gories op O Da51i ton515tent wilh
-,e ol rgstru"ce5. for eyJrnp￿ oll•calir J orooerty -osli oy 'k)r)r are05. or Der cap la. siell c051S b'r the t,rre Jpttnl
and olh*r ccsls tyv l*er ￿5￿ge
Governonce costs
Thcso IiLIJLC Ilie c0513 cNDbu"Jttle -0 the cnoiitrrf s comDliance vAth eonsittio-ol cp¢ s-olvlory requiremenl5.
Including Jud"i. -rrcteg c mGTrJgerrenl or,d trJslee5' .TeelirG5 cnd raitrbursed exoen5es.
16

Kings Aclive Foundotiorb
Notes to Iht Hnonciol Stolernenls fov the Yeor Ended 37 December 2023
Taxatlon
The char IV is considered loi pcss
le5tr Sel OJI In or￿grap9 I Scheyule 6 01 tge Finince Ac. 20 lo ord Ih•"?lorc 11
IMepl£ Ilip ..Ipl I'i'lon ol J cl criloL.le 'or UK coipc)ruliJr- 'ux o_rp)iQS. AGccidingltr Ihe ￿h0￿. 1 15 Potevlicll
pxttmpl rcm tjxol'cn Ir ro5EiccI ol inc?-e Jr cc? t￿1 goin.- re=eivec D -a-egiyies cok¢xred tsy Chap'er i Forl I l ol
',lic c￿l￿or(jI ori T(Jx A-t 2Jl O (x Secl on 2)6 u. I','c Ta.iJlicY ol Ciiarge=oie Goin) Acl l 992. to Ihc ex"e-
Ihol such
incD'ne Jr goiP5 oro opplied excL5ively lo c￿ar lobie oJrJose5
longlble fixed u55et5
Irai ii.jual fix-a are inilicJ,'li "ec?.4ud ot c?s' Ios) Ofi'i svfS¢q'.enl o-CLmuk)ted depfecioiion and sutr.bP.qLpn1
OLcumulo'ed Imoairtyent bsses.
Dtpreelotton and amerMso16on
DetKe.-'ctinY I: arovidp.d on largible ¥ixecl os¢els so cs to cl¥ Ine cosl cr value.lion. kss anv esliTalpg [￿si￿lI01
value ove¢ Ihe r exp¥Lled u5clul eLo-OryNL Ille Js'ollcws.
Asset class
Ivltyiof ¥e'iicle5
Fixlvras. lil'ing% oi¢J equipmerl
Depreciallon method gnd rate
25% s-ioigf.. Ipne L)tsSIS
1 S% .. 33%,-rpi9fr' I're oc&s
Flxe¢J usset Inveslrnent5
"p**lJ it'"er Inan proorawrnv. rp.lelp.I Ir￿e$l￿g￿ls. org* nclLfl&d ol morkpl valoe ol the bi)loflL
Reoli>ce Joins ond losses ?r In'/oslmenls 'e colculoled =s tne dI'lere￿￿e 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.
Ulirpiiljs￿iJ gOiYS onc 10sse5 ropreserl the rrovempnl In markel voLes ou'ing i*e 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. li￿lA)u, IFIFQI.
Trode debtor5
Iro4a doblors rye amcvnts Irom cbsiomers '¢y n￿rehand 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
l*e ellerlive Irleresl relyod Ics5 prc4isiory icr i.-purn)e'il A ￿￿*￿51011 lor IIIQ Ir"'poi'Y, nl ol Iir)<Jp deblurs Is
sta￿lIShe¢ W￿le￿ t'iere is objLarl Ve ev cence 'hcl Ih.e crnJi->' ￿11 be QJie lo -ollecl Gll awcugt5 JJe ac=GrQiiid l?
'he originol ter,*)s ol-*e vpceivotrles.
Cash ond cash equlvobnts
Cgili Jgd -csh eouivolenls c?wpr se c05h op hoTrJ ond cell aeyosll?. O'he. Shcrl-tery riJtrlv licJid ii'oe%lmenls
Iliol ore ieodilv ccn1edlb￿ lo o kil Jwr tsmoJi' ol cusk. ty- suL'je¢l 1¢ 'i{". ir.9yr"i'icoiil r sk ol crcnge In volue.
17

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 c*anty eoe5 fitrt hove or uicondil 0*01 ri9'11.
al th- ero ol report ig oerioo. "o celpr ieTrllerreni ol I￿e ￿le31'or 'or ol leos1 twpl'ie "iuntlls ￿'"I￿r trf)e repoftir
olo 1111,ere 15 on uri-oii(Jil.or(Jl iigi- lo d8ler setrllemer. foT u. ￿0$1 ￿el￿e monlh5 ,Ilte" the re?cYhrg clale. 'ney cre
presenle# as non<Jive'il liJbil'liPS
rrode cred,lars ttro recDgniied iniboly ol Ike Iroisoc i?n PTj=e iJbseqveifl> Me0s￿reC at amDr115ed Coit iJS11I9 'n
elleclive n.'oreSt melhctt.
Foreign exchongè
rrop>oclions ir I￿reign c￿￿enCIeS ole rYor4cd cl ￿- r=le CT Px-. h.qntte ol lfre dc-e o the +r2nsaclion. Morelary
ssptrs Iinkn Ii'ie". conomnoled ￿ (yeign CLKrnnLies ol Ine bolap=e sheet clo.: ore r*porlee il Ihp rolpi ol
Kchnng• lin9 nl Ihnl rtp.I
Fund slruclvie
Vi-rpslri.'ILU IriLomg luqds ore J>nertsl lur=s '￿,01 ¢ra ?voikJtI￿ ¥iy Jse al tye IrJslee
discrptio* 'n furtherortce ¢1
objecliwes ol Ihe grooi. Reslii=led lJr,#i cre donote* ler tsorl cijlor oferys r). l-e chorytrf wnrk c¥ soecil c pfoiec15
Finon¢l¢l Instrumentrs
Classifiroli¢n
Finjqcitsi ijssels Iiranciol hob Ilios arè rècJgnised whei'he srotrp bec¢mes o Perv to Phe cor',Iroclvul prowis'ons
ol Insl'umenl.
F-riuriclui IioDililie5 ¢iuity i-S'Tumeii15 ole cio%811'ed crciy.".I"9 10 IhL' 5JtsSlOryCP ol Ihp conlr,=ctual ofrJntrJorron'5
ril*rfii1 iiilo. An eqLity Ir%livmÈri Is ony CQntrcct ihot evIden￿e5 o 'es ¢wl Inleresl in the QSiel% ol l'ie group Dller
R•cognilion ond m•osvrem•nl
All liru'iciJl LJS5els hobiiiliel )re Ini'ially rreasurcL1 01 Ironsuction pr ce linclLditig "ronJOCt on -osl",I cxccpl for
'l)O$u Iinop-iol crsels clai5.lied os Oi loir vclJe thr-vgtr, proli, or b55. Nhietri Jfe In,-io1ly rTieu*¢urea ii. Itiir vdlu£ Iwlijrh is
normrjll'i traniJCCtI?n oi rc t<C ￿￿1n9-fo17s￿Vli0n c?5ts'.. Jriless Ihe urorngeme')I c3nslilvle5 0 Iincp=ing Ironsarl o'i.
11 orl oironggrn8nl cJr-51ilules o lill￿nCinG 'iJrs 'ct'?- lir,JTrciJ Jsse. or li*afifiP li,
ilili 1% m*owreo ol -he Dr8%@r
Vtslue o, the lulure paY￿en15-￿$co￿￿re0 01 o rro-kp q'e ol Inlgre%l l(y e similar cebl InstrJmor'.
Fintsnciryl qs5n4.
na liobililies ?re ot'ip-. in the slilern&r' ol finoici?I posifion w-en. )rly ¥vhe• thgie exisls a
legolli enlnr=eoole right -0 se. ? ' Ihe recogDised omoLrls ¢n4 *he gr¢Jrt) int=Iias e,Iher In settl* (Jr ￿ r,n' bas,s. or lo
retslise assel ona selllc liobil'ly > tThJllMerJvslv.
F'roriciol ts3se-s o"e derecognised apo ?rhly v4her. o, l-o -on"tsclJcl ngh15 -0 lfre cos* IlodrfE Irory 'he Iinonciol
OJsel oxnire or E)'e s2lllcJ bl the grcuo ',vonsleri F? onolhw pa￿. SL051aTFolly Jll ol the i sks and 'ewcrd5 01 0￿￿.￿rE￿ID
t￿e linaricigl 0$5e- J c,, the aro_o. Ce(pit￿ J relJinecl ¢omÈ bdl -c, all. Kignilicort 'isks aid re'wcrds el
owner JT lilln ]1￿￿.ed rorlrol o. tre 055el lo )-.olher portri
F Don￿1=1 IiJbililies ore defecJgnisBc orTly w-en rhe ?L)11g0-10.- s-ecifiecl li the convacl is Qi5chorged. caricelle¢ or
eXDITes.
18

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 a￿t'￿'e rnJke'. When Quoted prices cf
ur,av.Jila1￿e. '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 don*Jtions 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¢l*d
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
AC￿vty
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 t￿e 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 000￿c. orp cbo gove￿anCe 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 l*y thé Yéai Endtrd 31 December 2023
6 Anolysis of gtsv¢rnatrce and support costs
Chontable achvilies expeThditur•
Basis ol
Unrestricted
lunds
General
R*stilcled
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-
Usly￿3@
219.068
853.24-.
.$99
3.831
39.g66
219.168
853.242
20 6??
3.8i I
3?.Q05
40.3?3
218.332
786.6
4.771
34.557
30.481
16.306
237
Leg01 ond pr?lessiorol
8oqk ch,Jrge5
eororial'orn 1085 on cjisposol
1 2<£ 553
Support cost5 allocoled lo chuvitgble u¢llvlttes
B0515 of
alk*colion
Sports CgrnP5
UK
Overseos
¢harftobl•
lotol
2023
Legol cosls
U50ge
Usege
US￿￿e
UsJge
43.303
853 242
277.031
853.?4?
277.631
Pr*m sès .-tl>ls Irclu#ipo depre=iatirn
Other 5JPFOrt ￿0$..$
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/oulg￿Thg r•sovr¢*s lor th• y•ar Inclvde..
2023
2022
Deprecialioy ol lixed ￿￿ets
58.563
e I￿01*￿ 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 Founda*￿n
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 r￿￿C￿err￿￿t 18oml employea ¢v'fre grovp du'lng ltte ieor
ertpr8s5eJ .J5 IJ1￿1 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
Opp*in J odju-lii )onl
Aaeil cli
Dispos￿15
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 3eceri*ei ?0?3
47.106
34,951
$4610
11.884
IC. 445
Depreclation
1 1 2023
Opeii pg udjJslnicr'
c￿￿rg? .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 2￿23
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 Ac￿ve 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¥C￿rTibe, 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 c￿55 of inLYe copilol ore
05 lullow5'.
Proportlgn Of
voting righls
ond shores
held
Undertak)ng
Covntly ol
In¢orpoiglion
Holdlng
Pi1ncipol
octlvlty
Tt'¢ provisiJp
01591￿1£eS lo
ctr'l4rore
ond1&1sure
secioTS
KhF Prolessifjpol Seplines Lim le
Pro18ssional SèNices Limi18a re314- 498
En-b)na ond
or￿1r￿*
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
lICQ1￿1
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 Founda￿ort
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 .m￿ertOklljgs
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 t￿e 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
Lot￿r IliJ'i onth ye￿. or¢ *ol bfer t￿0￿ 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
A*9 194
R*%lFii•&o nci t￿￿￿3
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.-t*d Ot l-pe prJiFI thg obje.rliv?.s dgcl(JT?44
oi aoror beer ry*l.
29

Klngs Aellve Foundofvon
Nole5 lo the Finonciul Stqlemenls lor Ihe Yeor Endéd 31 December 2023
20 Anolysls ol nel a5$015 behM&•n funds
ou
Unrestricled
hjnds
Generol
Reslricted
lunds
rotol funds
rang ble lixed Oi>&ts
FIXCC Osie. inveslmenr5
Curr￿n1 assels
jF5.662
5.662
367
89701?
rclol fjel ossels
853.912
Cha
Llnreslrlcled
lunds
Genw
lestsicted
lunds
T?tol funds
105662
369
876 884
105.662
369
861 129
Fixec Osset inveslmer-5
Currcnl Ci&e-
8•9 19)
21 AnolyJ55 of net fund5
Grou
At l JanU￿Y
2023
At31
Cash flow
De¢•mb•f
2023
Co$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