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