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2025-03-31-accounts

Charity registration number: 1110461

SPORTING FOUNDATION TRUSTEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

Sporting Foundation Contents

Page
Reference and Administrative Details 1
Trustees' Report 2
Independent Examiner's Report 3
Statement of Financial Activities 4
Comparative Statement of Financial Activities 5
Statement of Financial Position 6
Notes to the Financial Statements 7—9
The following pages do not form part of the statutory accounts:
Detailed Statement of Financial Activities 10

Sporting Foundation Reference and Administrative Details For The Year Ended 31 March 2025

Trustees Mr Zakir Khan - Chairman
Mr Khayrul Alam - Vice-Chairman
Mr Jamal Hussain - General Secretary
Mr Akrom Miah - Treasurer
Mr Manik Miah - SB Academy Co-ordinator
Mr Shakil Rahman - Media & Publicity
Mr Anamul Hoque - Reserve Team Manager
Mr Md Uddin - Assist. Secretary
Charity Number 1110461
Principal Address Mile End Stadium
Rhodeswell Road
London
E14 7TW
Independent Examiner Askir Ali
Quilfords Limited
Chartered Certified Accountants
113 Romford Road
London
E15 4LY

Page 1

Sporting Foundation Trustees' Report For The Year Ended 31 March 2025

The trustees present their report and the financial statements for the year ended 31 March 2025.

Financial Review

Funds Materially in Deficit

Funds in Surplus

The charity received grants and donations totalling £328,660 (2024: £261,417). After payments of outgoing expenses totalling £326,855 (2024: £258,479), the charity was left with a surplus of £1,805 (2024: £2,938) for the year

The trustees' report was approved by the board of trustees and signed on its behalf by:

Mr Zakir Khan Chairman 06/01/2026

Page 2

Sporting Foundation Independent Examiner's Report to the Trustees of Sporting Foundation For The Year Ended 31 March 2025

I report to the trustees on my examination of the accounts of Sporting Foundation (the Trust) for the year ended 31 March 2025.

Responsibilities and Basis of Report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent Examiner's Statement

Since the Trust’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of The Association of Chartered Certified Accountants, which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and contents of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Askir Ali 06/01/2026 113 Romford Road London E15 4LY

Page 3

Sporting Foundation Statement of Financial Activities For The Year Ended 31 March 2025

Notes
INCOME AND ENDOWMENTS FROM:
Donations and legacies
3
Other trading activities
4
EXPENDITURE ON:
Raising funds
5
Charitable activities:
5
Programmes & staff costs
Premises costs
NET INCOME
NET MOVEMENT IN FUNDS
RECONCILIATION OF FUNDS:
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
10		 Unrestricted
funds
£
140
12,590
Restricted
funds
£

315,930

-		 2025
Total funds
£

316,070
12,590		 2024
Total funds
£

249,733

11,685
12,730
315,930
328,660
261,418
(6,913)
-
(10,040)		 -
(309,902)
-		 (6,913)
(309,902)
(10,040)		 (5,787)
(238,622)
(14,071)
(16,953) (309,902) (326,855) (258,480)
(4,223) 6,028
1,805
2,938
(4,223)
32,643		 6,028

60,288
1,805

92,931
2,938

89,993
28,420
66,316
94,736
92,931

The notes on pages 7 to 9 form part of these financial statements.

Page 4

Sporting Foundation Comparative Statement of Financial Activities For The Year Ended 31 March 2025

Notes
INCOME AND ENDOWMENTS FROM:
Donations and legacies
3
Other trading activities
4
EXPENDITURE ON:
Raising funds
5
Charitable activities:
5
Programmes & staff costs
Premises costs
NET INCOME
NET MOVEMENT IN FUNDS
RECONCILIATION OF FUNDS:
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
10		 Unrestricted
funds
£
1,440
11,685
Restricted
funds
£

248,293

-		 2024
Total funds
£

249,733
11,685
13,125
248,293
261,418
(5,787)
-
(14,071)		 -
(238,622)
-		 (5,787)
(238,622)
(14,071)
(19,858) (238,622) (258,480)
(6,733) 9,671
2,938
(6,733)
39,376		 9,671

50,617
2,938

89,993
32,643
60,288
92,931

The notes on pages 7 to 9 form part of these financial statements.

Page 5

Sporting Foundation Statement of Financial Position As At 31 March 2025

Notes
CURRENT ASSETS
Debtors
8
Cash at bank and in hand
Creditors: Amounts Falling Due Within One Year
9
NET CURRENT ASSETS (LIABILITIES)
TOTAL ASSETS LESS CURRENT LIABILITIES
NET ASSETS
FUNDS OF THE CHARITY
Restricted Funds
Unrestricted Funds
TOTAL FUNDS
10		 Unrestricted
funds
£
22,072
13,947
Restricted
funds
£

66,316

-		 2025
Total funds
£

88,388
13,947		 2024
Total funds
£

81,388

12,343
36,019
(7,599)
66,316
-
102,335
(7,599 )
93,731
(800 )
28,420
66,316
94,736
92,931
28,420
66,316
94,736
92,931
28,420
66,316
94,736
92,931
66,316
28,420
60,288

32,643
94,736
92,931

On behalf of the board

Mr Zakir Khan Chairman 06/01/2026

The notes on pages 7 to 9 form part of these financial statements.

Page 6

Sporting Foundation Notes to the Financial Statements For The Year Ended 31 March 2025

1. General Information

Sporting Foundation is an unincorporated charity registered with the Charity Commission, registered charity number 1110461. The principal address is Mile End Stadium, Rhodeswell Road, London, E14 7TW.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements 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 Charities Act 2011.

The charity is a Public Benefit Entity as defined by FRS 102.

2.2. Fund Accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

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.

2.3. Incoming Resources

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

2.4. Resources Expended

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.

2.5. Cash and Cash Equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.

3. Income from Donations and Legacies

Donations and gifts
Grants
Donations and gifts
Grants		 Unrestricted
funds
£
140
-		 Restricted
funds
£

-
315,930		 2025
Total
funds
£
140

315,930
140
315,930
316,070
Unrestricted
funds
£
1,440
-		 Restricted
funds
£

-
248,293		 2024
Total
funds
£
1,440

248,293
1,440
248,293
249,733

Page 7

Sporting Foundation Notes to the Financial Statements (continued) For The Year Ended 31 March 2025

4. Income from Other Trading Activities

. Income from Other Trading Activities
League Fees
. Analysis of Expenditure
Raising funds
Programmes & staff costs
Premises costs
Raising funds
Programmes & staff costs
Premises costs
. Support Costs
Premises expenses
General administration
Governance costs
Employee costs
Premises expenses
General administration
Governance costs		 Raising
funds
£
-
4,913
2,000		 2025
2024
Unrestricted funds Unrestricted funds
£
£
12,590
11,685
2025
Activities
undertaken
directly
Support
costs
(see note6)
Total
£
£
£
-
6,913
6,913
164,836
145,066
309,902
-
10,040
10,040
164,836
162,019
326,855
2024
Activities
undertaken
directly
Support
costs
(see note6)
Total
£
£
£
-
5,787
5,787
123,444
115,178
238,622
-
14,071
14,071
123,444
135,036
258,480
2025
Programmes
& staff costs
Premises
costs
Total
£
£
£
-
9,804
9,804

145,066
236
150,215

-
-
2,000

145,066
10,040
162,019
2024
Programmes
& staff costs
Premises
costs
Total
£
£
£

-
-
6
-
13,630
13,630

115,178
441
119,400

-
-
2,000

115,178
14,071
135,036		 2025
Unrestricted funds
£
12,590		 2024
Unrestricted funds
£

11,685
2025
Total
£

6,913

309,902

10,040
164,836
162,019
326,855
Activities
undertaken
directly
£
-
123,444
-		 Support
costs
(see note6)
£
5,787

115,178
14,071		 2024
Total
£

5,787

238,622

14,071
123,444
135,036
258,480
Programmes
& staff costs
£
-

145,066

-
Premises
costs
£
9,804

236
-		 2025
Total
£

9,804

150,215
2,000
6,913
145,066
10,040
162,019
Raising
funds
£
6
-
3,781
2,000		 Programmes
& staff costs
£

-
-

115,178

-
Premises
costs
£
-
13,630

441
-		 2024
Total
£
6

13,630

119,400
2,000
5,787
115,178
14,071
135,036

5. Analysis of Expenditure

6. Support Costs

Page 8

Sporting Foundation Notes to the Financial Statements (continued) For The Year Ended 31 March 2025

7. Average Number of Employees

Average number of employees during the year was: NIL (2024: )

8. Debtors

. Debtors
Due within one year
Trade debtors
Other debtors		 2025
£
45,388
43,000
88,388		 2024
£
38,388
43,000
81,388

9. Creditors: Amounts Falling Due Within One Year

. Creditors: Amounts Falling Due Within One Year
Accruals and deferred income
0. Movement in Funds
Unrestricted funds
General:
General unrestricted fund
Restricted funds
Restricted Fund
Total funds
Unrestricted funds
General:
General unrestricted fund
Restricted funds
Restricted Fund
Total funds		 As at 1 April
2024
£
32,643
60,288		 Income
£
12,730
315,930		 2025
£
7,599
Expenditure
£

(16,953)

(309,902)		 2024
£
800
As at 31
March 2025
£
28,420
66,316
92,931 328,660
(326,855)		 94,736
As at 1 April
2023
£
39,376
50,617		 Income
£
13,125
248,293		 Expenditure
£

(19,858)

(238,622)		 As at 31
March 2024
£
32,643
60,288
89,993 261,418
(258,480)		 92,931

10. Movement in Funds

11. Transactions with Trustees

None of the trustees received any remuneration or any other benefits from an employment with the charity or a related entity during the current or previous year.

No trustee expenses have been incurred.

12. Related Party Disclosures

There have been no related party transactions in the reporting period that require disclosure.

Page 9

Sporting Foundation Detailed Statement of Financial Activities For The Year Ended 31 March 2025

INCOME AND ENDOWMENTS FROM:
Donations and legacies
Donations and gifts
Grants
Other trading activities
League Fees
EXPENDITURE ON:
Raising funds
Travel expenses
Insurance
Printing, postage and stationery
Training and Consultancy
Telecommunications and data costs
Website costs
Subscription & Membership
Charitable donations
Accountancy fees
Charitable Activities:
Programmes & staff costs
Project expenses
Sporting Activities
Tournament expenses
Professional fees
Premises costs
Rent & rates
Office expenses
Service charge
NET INCOME		 2025
Total funds
£
140
315,930		 2024
Total funds
£

1,440

248,293
316,070
12,590
249,733

11,685
12,590
11,685
328,660
-
(850)
-
(1,200)
(639)
(1,086)
(958)
(180)
(2,000)
261,418
(6)
(794)
(125)
(1,000)
(587)
(476)
(799)
-
(2,000)
(6,913)
(64,064)
(82,797)
(17,975)
(145,066)		 (5,787)
(37,064)
(64,084)
(22,296)
(115,178)
(309,902)
(9,804)
(117)
(119)		 (238,622)
(13,630)
(338)
(103)
(10,040) (14,071)
(326,855) (258,480)
1,805 2,938

Page 10