I? Registsred Charity Number: 1111961 BOOST CHARITABLE TRUST TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025
BOOST CHARITABLE TRUST Contents Page l£gal and Administrative Inforn)atton Tntees, Annual Report 24 Tntstees. Responsibilities StAtement Independent Examiner's Report to the TrusteeB StateTnent of FinanciAi Activities Ststem¢nt of Financial Position Statem¢nt of Cash Flows Note5 to the Financial Statemen¢8 lo-ls
BOOST CHAIUTABLE TRUST Legal and AdmlnlstrAtive Inforniation CharRty Name: Boost Charitable Trust R¢gl$tered Cbarlty Nujnber: 1111961 Corre$polldeDce Addreys: 5 St Brid¢ Street IL)ndon EC4A 4AS Trustee8: Robert Houston MBE (chairnwi) Oliver Batthun MBE Alurie Dutton Richard Allcroft OBE SusaD Gardtter Tr¢A8urer: Centralis UK Limited Trust M4nAger: Sarah Johnson Independent ExAmlner: Olivtt Vigars FCCA
BOOST CHARITABLE TRUST Trustees, Annual Report for the YtAr Ended 311 September 2025 The Trnstees present their report and financial statements of Boost Charitable Ttust ('*he Tnt") for the year ended 30 September 2025. The financial stateinents Flave been prepared in accordance with the aeeounting poli¢ies set out in not¢ I to th¢ financial $latements and comply with th¢ Trust Deed dated 30 September 2005 ("the Trust Deed"), the Charities Act 2011 ftnd the Staicment of Recommcndcd Practicc: applicable to charities preparing their accourtis in accordance with the Financial Reporting Siandard applicable in the UK and Republic of Irelartd (FRS 102) (Chariiies SORP FRS 1021 published in October 2019. Stru£tUTfy governance and Dianagement The Trustees who hcld office during the financial period and up to the date of this report were: Roben Houston MBE (¢h&irnian) Oliyer B2Ttrum MBE Alurie Dutton Richard Allcroft OBE Susan Gder Philippa Fine (Resigned in Dec 2024) All the Trustees give their time freely no tni8tee remuneration was paid during the year. The Trust Manager durin8 the ye8r ond up to tb¢ dat¢ of this rcport was Sarah Johnson. Alm of the Trust The general aim of the charity is to award grants to inspiring sports programmes and initiatives which focus on improving the lives of the disadvantaged and disabled. Boost ChaTitabl¢ Tn[ support5 and complies with the Charity Governance Code for Small Chariti¢$. SAM Sananeg Sportlng LegAey The Sam Sananes Legacy way established in May 2017 and is fvnded through direct donations and fundraising ev¢nt8. Jl 18 incorporated into the overall governance and activities of Boost Charitable Trust. Grants awarded out of the Legacy funds are intended to have regard to Sam's own sporting interests and. where appropriate, his hometown of L¢i¢ester. Funds are raised mainly through donations, the annual St Bride's v Boost Golf Day and sponsored endurance events. During the financial year, the Legacy fiinded six projects at a total value of £29.230.
BOOST CHARITABLE TRUST Tru8tee$' Annu41 Report for the Year Ended 311 September 2025 Achlevements And perfoTmoncc Th¢ TrteeS consider that 2024-25 was another successfijl year for Boost. Jn particular.. The total numb¢r of awards granted was 56 {2024.. 52). The total value of 8W8rds granted was £201.373 {2024.. £204,157). The total income re¢eivcd was £263,254 {2024.. £254,974). A list of the larger awards granted {over £750) is shown on po8e 13. Th¢ grants were distributed widely across a rang¢ of different gports, including two longstandin8 programmes in Eswatini. The grants awarded lo the two programmes in Eswalini amount¢d to 90/0 of the total year's funding. Th¢ r¢m&iuing 91010 was awarded to progrgmrn¢s in th¢ UK. Boost focused its attention towards sports projects ihat focus on four spherts of disadvantage.. Physical Disability vlnd 111- hcalth Mental Health Social Exclusion Financial Hardship Four Areas of Focus 17% 26% phy1 D15abillty and Iltshealth • Flnanclal Hardshlp •Mental Health Soclal Excluslon
BOOST CHAIUTABLE TRUST Tru8ttr8' AMnu*l Report for the Year Ended 30 Septsmber 2025 Reserves Poliey The p)licy Of thc TN8tees 18 to m8intsin sufficient reserves in orderto Mfil expe¢i¢d fimding r¢quirem¢nts of project8 that extend ov¢r several yeaTS as well as supporting a portfolio of new projects. In deterniining the appropriat¢ l¢v¢l of r¢serve5. the TTust tske into a¢count the potenlial fluctuats'on of its incoDJ¢ Stream in future years. The Trust's reserves have increased by £98.025 from £1,388,770 at the beginning of the year to £1,486,795 at 30 S¢pl¢mb¢r 2025. Tb¢ Trust¢¢s are considering numerous new granls for the coming year And anticipate that while rcscrves njay fluctuate from year to year. over time they will remain at a sufficient level to fund all projects.
BOOST CHARITABLE TRUST Trustees, respon$lbilities 5twtement The Tru8t¢es are responsible for preparing the Tru&tec5' Annual Report and financial stat¢mcnts in cOrd8n¢t wilh appli¢able law and the Finaneial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP FRS 102). The law applieoble to charities in England and Wales Ttquire5 the Trnstees to prepare financial statement5 for each financial year whi¢b give a trne and fair view of the state of affairs of the Trust at the year end and of its incoming resource5 and appli¢&tion of resources during that y¢ar. ITh preparing the financial stalemenls. the Trnst¢¢s should follow best practic¢ and are required to.. Select suitable ac¢ountin8 policies and then apply them consistently; Observe the meihods and principles in Ihe applicable Charitie5 SORP,. MY4k¢ judgements and estimates that are Teasonablc and prud¢nt' State whether applicable UK Accounting Standards have been followed, subje¢t to ony material departures disclo8cd and explaincd in the financial statements. and Prepare th¢ fitydncial statements on th¢ going concern basis, unl¢85 it is inoppropriate to pre5umc the Trust will continue in operation. The Tnjstees are resPOn8ible for keeping prOr accounting re¢ords which dTscIo8e with reasonablc Aecuraey at any time the financial position of thc Tnist and which enablc them to ensure that the financial siatemenis comply with the Charities Act 2011 and the provisions of lh¢ Trust D¢¢d. The TNstccs are rcsponsibl¢ for safeguarding the assets of the Trust and hence lor taking re&sonable steps For th¢ prev¢ntion and detection of fraud and other iTregulgrities.
BOOST CHARITABLETRUST Independent Exominer's Report to The Trustees I rcport on the accounts of Boost Charitable Tnjst for the year ended 30 September 2025. Respe¢tlve re$p&Dslbllltles of Irugtee$ And ¢xamSn¢r The Trust's ttustees arc responsible for the preparation of the aceounts. The Trusi'$ trustees eon$id¢r thai an audit 15 not required for this year under section 144 {2} of the Charities Aci 2011 (the Chariti¢s A¢tl and that an independent examination is needed. It is their spOnSIbl1]ty to: exatDin¢ ihe accounts under seclion 145 of the Charities A¢i' to follow the procedures laid down in the genernl Directions given by the Charity Commission (under section 14515)(b} of the Charities Act). and to State whether parti¢ulaT IllAtter$ hg4ve come to their attention. Ba$1$ of Independent ExAmlner's slitemetst My ex8mination was caTTied out in accordance with gcncral directions given by the Charity Conunission. An ¢xaminalion includc5 a review of the accounting records kept by the Tru¥t and a comparison of the accounts presented with those records. It also includes eonsiderdtion of any unusual items or disLlosur¢s in the accounts, and seeking explAU8tions from the TSteeS concerning any suLh matt¢rs. The proccdure5 undcrtakcn do not provide all the eviden¢¢ that would be required in an audit, and consequently no opinion is given as lo wbether the accounts preient a 'tru¢ ¥nd fair, view and ihe repon is limited lo thos¢ matters $¢t out in the stsiement below. Independet Examlner's itatement In ¢onn¢ction with my examination, no matter has comc to my attention (l) which gives me reasonablc cause to believe that, in any material respcct, the requiremcnts.. to keep accounting records in &¢cordance with section 130 of the Charities Act; to prepare accounty which a¢¢ord with the uccounting records and comply with the a¢¢ounting requir¢ments of the Chorities Act, have not been met: or (2) to which in my opinion, attention should be drawn in ord¢r to ¢nabl¢ a proper understandin8 of the accounts to be reached. snby.. Oliver Vigars Dh6559BA77034T3 Date.. 6/17/2026
BOOST CHARITABLE TRUST Ststement of FlnADcIAI Activities for the Year Ended 30 September 2025 Note UDrestrlcted funds ExpeThdsbl¢ Endowment 2025 Total fund$ 2024 Tot81 funds Income endowments from In¢ome Donations Other in¢om¢ Investment income 191,901 13,550 57,803 263,254 191,901 13,550 57,803 189,960 10,690 54,324 Total income 263,254 254,974 EYpenditur¢ OM Choritoble aclivities Promotion of sporting aciivities amon8St the disabled and disadvAnta8ed 251,932 251.932 244,088 Total expenditure 251,932 251,932 244,088 Net incomel(loss) before galnj nd los$e$ Inve$tm¢nts 11,322 1.322 10.885 Fair value gainslllosses) on investments 86,703 86.703 39,709 Net movemeDt ID funds 11,322 166.5S2 86,703 1.222.218 98,025 lJ88.77 50.594 Fund b#l#nw brought forward 1.338.176 Fund bAIAnces cArrled fornard 177,874 IJ08,921 1,486,795 1,3¥8,770 All income and expenditure derive from continuing acliYiLies. The statement of financial activities includes all gains Ind losses re¢ognis¢d in the year.
BOOST CHARITABLE TRUST REGISTRATION NUMBER: 1111961 Stitement of Flnan¢l#l Posldon #s &t 30 September 2025 Note 2025 2024 Flxed assets Investh)ents 1,308.921 1.222.218 Current gs$et$: Debtors Jnd a¢¢n]¢d in¢om¢ Cash at bank and in hand 29,576 162,789 159,421 Total currcnt #5scts 192.365 177,539 Llabllltles: Creditors due within one year (14.4911 {10,987) Net current 1¢18 177,874 166,552 P4et assets 1,486.79S 1.388.770 Repre8entlng: The funds of the chArlty: Exp¢ndable ¢ndown¢nl Unrestri¢*d in¢ome 1,308,921 177,1474 1,222,218 166,552 TotAI ehhrlty funds .486.795 1.388.770 R l Houston ChalT of Trn$tees The not¢s on pages 10 to 15 forni part of these financial statements.
BOOST CHARITABLE TRUST Stgtement of Cash Flows For the year ended 30 September 21125 2025 2024 Cashflow.¥frnth 0118 acliviiles Net movement in funds 98,025 50.594 Adju,TtMentsfor.' Intcrest receivable Dividend income from investments Gain on investments at fair value {Increase) /D¢crease in debtors Increase /(Dr¢aSe) in creditors (1,643) (56.1601 (86,703) (11,4581 (1,905) {52,419) (19,709) 6,089 3,763 CA xsed In oper4rfnx t7clivitie$ 41.113 Cdshflowsfrom Invesrtng 4cilvlrfes Interest Dividend income from investments 1,643 56.160 1,905 52,419 Cash gerteMtÉdfrom invesilng a¢iivliles 54,324 Change in eush and cash equivalents in iheyear CaJh amd 4tslvalents at the be¥lnnlng ofiheye4P 3.368 159.421 13.211 146210 CaJh and cayh equlvalents at the end ofiheyeqr 162,789 159,421 ArtalysLs ofeash and cosh equivalents Cash ot bunk 162,789 162,789 159,421 159,421 Total Cash 4nd cash equiv4lents The note5 on pa8es 10 to 15 fom] part of thes¢ financial statements.
BOOST CHARITABLE TRUST Lyotes to the FinaDeial St*temeDts Accounting policSe8 The principal accounting policies adopted, judgements and key sources of estimation uncertainty in th¢ preparntion of the financial statements are as follows.. B4515 ofprep4ratlon and 4sse55ment of golng concern. The finaneial statements have been prepad on a going concerii basis under the historicBI Lx)st convention, with th¢ exception of investments whi¢h are in¢lud¢d at marke¢ value. The financial st&temenls hE4ve been prepared in accordanee with lh¢ Siatement of Recommended Prnctiee.. (Accounting and Reporting by Charitics} applicable to clwiiies preparing their accounts in accordance with th¢ Financial Reporting Standard applicable in the UK and R¢public of Ireland (FRS 102) published in October 2019 {Charitics SOIiP FRS 1021, the Financial Reporting Standard applirabl¢ in the UK and Republic of Ireland {FRS 102) and the CharitlC5 Act 2011. Boosi Charitable Trnsi ('Ihe Trust") meets the definilion of 8 public benefit enlily under FRS 102. The Trustees consider thai there are no materiol uncertaintlC5 about the Tnt'S ability to ¢ontinue as a going con¢¢m. With respect lo th¢ next rcportingperiod, 2025-26, the most significant aT¢as of uncertainty that 8ffc¢ts the reserves of the Trnst is the level of invesiment r¢tyrns and the pcrformance of investment rnarkets. b. Fund'$ structure The charity has a Single expendable endowm¢Dt ¢r¢8t¢d by a lump surn donation of £lmillion. This provides for thc Trustecs to invest the capital, th¢ in¢ome from which is to be wholly unrestricted. Th¢ cxpendable endowment is to bc uscd for the general purp05¢5 ofihe Trusi, namcly, to promote sporting activiti¢s for dis8bled and disadvantaged Lhildren and adult5. The ternis of thc fund allow thc capital to be spent if the Tntstees so detennine. The charity has 8lso rcLeived donations which arc wholly unrestricted. Incomlmg resources All incoming resources Bre recognised on¢¢ the ¢harity has enliilemenl lo the resources, it can be certain that the resoure¢s will b¢ re¢eived, and th¢ monetary value of the incomin8 resourees can be measured with sufficient reliability. Investmenl income is Tccogni5ed on a receivable basis. Resources expended Liabilitlcs are rccognised &s rcsource5 cxpcndcd as s¢xin as there is a legd&l or Constructive oblisation committing the chariry to the expcnditure. All expenditure is accounicd for on an a¢¢nlS basis and has been classified undci headin85 that a8grEgate all costs to the category. 10-
BOOST CHAIUTABLE TRUST Notes to the Flnancial S¢*¢ements l. Accounting polldes (conllnued) d. Resources expended (contlnued} Granis payable are payments Inade to third parties in the furtherance of the chatitable objective5 of the Tnjst. Single or multi-year giants are accounted for when eitherthe recipsent has a reasonable expectation that they will receive a grant and the Trustees have agreed to pay the grant without condstion, or th¢ recipient ha8 a reasonable expeciation that they will receive a grant and any condition attaching to the graDt is outside the control of the Trust. IrTe¢ov¢rAble VAT ItTecov¢rabl¢ VAT is charged as a Cost against thc aeiivity for which the expenditur¢ wag ineuffed. IlocAtlon Df overhead, 5UPPOrt and governance costs Support C05t& hav¢ been allocated between govemance ¢osts and other support Costs. Governance costs comprise all costs involving thc public accountability of the charity and it5 compliance with regulation and good prdcticc. Governance costs and support costs relating to charitablc activities have been apportioned over thc appropriatc ¢ate8oric5, a4 detfiiled in notc 5, on thc basis of the number of individual grdnt award5 mad¢ in recognitiort that the administrative costs of assessing, awardin8 and monitorin8 eaeh 8r1 is broadly equivalent. Charitsble Activlti¢$ Costs of charitable Y4rlivili¢s in¢lud¢ gr8nls made and an allocation of support costs whi¢h arc shown in not¢ 4. Pollcy on reeoEnltlon of vAlu&tlon of donated servlfe$ The Trust relies on donated time from thc Trustees and for som¢ athninistralive and tr¢ASUry services. These don&ted services do not incur any financial or legal obligation5 to the Trust. Flnancl411ThstTuments The Trust only has financial assets and finan¢i81 liabilitie3 of a kind that qualify as bBsic financial instrumcnts. Basic financial instruments are initially rccognised al transaction value and subsequently measured at their settlement value with the exception of investments. Fffixed asset investment Investmcnts are stated at fair value. Any gaitL$ or losses on the movement in fair value are taken to the statemcnt of fInancial activities a5 they arise. k. G&in$ And 108S All 1n8 and loss¢s are taken to the Ststemcnt of Financial A¢tivities as they arise.
BOOST CHARITABLE TRUST Notes D the FlnaDcial Statement5 Donadons tn¢ome from donations and o¢h¢r in¢om¢ iotalled £205,451 (2024: £200,649) whi¢h was utwestri¢ied. Investment Ineome 202S 2024 Inl¢rest on ¢osh d¢posil$ Income from investments 1.643 1,905 54 57 803 24 Analysls of eypendlture OD eh&rltAble acllvltles The chority undertakes its charitabl¢ tivItieS throu811 8rant m&kin8 and awarded 8ranls to a number of charities. trusts and other appropriate organisations in furtherance of its charitable activities. Support gr&nts to Instltutlong Alloeatlon of governance stg Total expendlture 2025 TotAI expeudlture 2024 Charltble actlvlty Promotion of sportin8 Activities arnongst ihe disabled and disadvanta8ed 201373 2S1,932 The independenl examiner chose to waive hi5 fe¢ for the independent rl¢w. 12
BOOST CHARITABLE TRUST Notts to the Flnanclal St*lemeDts Analysis of expeDditurt on charitable activities (continued) Supporlgrants by inslilmtion 2025 2024 All Out Africal Eswatini Allsorts Bc Strong project Better Things Ahoy Ccntre Butler Golf Academy Dolphin Swimrning Club British Gymnastics Foundation Disabled Sailors Association Get Set 4 Tennis Personal B¢51 Foundation Gym Possible Hackney Bumps CommunitylEast London Skateboard Club Love Rowing (British Rowing Charitabl¢ Foundation) Thc Harbour Project Tim Henman Foundation Parkinsons Windswept CIC Priory Park Boxing Club Advantdg¢l BLirrow R8iders Comrnunity Foundation RJ)ondda NeLball B¢lvoir Cricket 100 & First Foundation Running Charity Small Awards (26) Sport In Mind Eswatini Swimrnin8 Swindon F¢ncing Tankerton Football Club The Whc¢lchY4ir Fwtball Asso¢i#tion Lti¢rster The Whe¢l¢hair F(x)tball Assoclation Rotherham Whitstable Lawn T¢nnis Club * Bevan Inclusive H¢alth and Wellbein8 Souih Shields SurfCIC South Shields Cricket Club LCH Charity Tadcaster Swimming EVA Women's Aid Wakefield WhirlwiDd8 12,000 5,000 13.000 2,000 1,500 7,51Y) 2.500 5,000 5,000 7,500 7,230 5.000 5,000 10,000 5,000 9,000 5,000 5,000 12,000 5,000 11,500 3.360 7,500 6,500 4,680 5,QOO 5.000 4.200 9,000 5,000 3.720 7,500 4.788 7,535 12,500 12,000 16,403 10,560 7.000 4,080 1,260 7,195 4,300 5.000 8,535 7.500 16,373 9,660 7,000 4,080 1,260 3,500 7,500 4,026 6,000 6,000 4,000 8.735 4,550 8,000 4.000 201 73 204 157 13
BOOST CHARITABLE TRUST Notes to the Financial Statements Analysls of expendfithre on charitable Act5vltles (contlnued) Awards made to Disabled Sailors Association and Whitstsble tjwn Tennis Club in the previou5 financial year were both included in the Small Awards amount. Goveroance eosts 2025 2024 Adminisirativ¢ staff Accountancy fee Professional fees Dcsigning & printing Insurance indemnity Bank fees Event ¢ost$ Other 23.919 9,420 333 19,414 10.390 437 933 940 iyo 6.961 666 983 13,083 637 511,559 Govemance costs have been apportioned io ¢h#ritable aetivities on a pro raia ba%ix in aecordanee with the nuinber of granis awarded dunng the year to ¢ach orth¢ charitable activities. St Bride's Strategic Advi5eTS and St Bride's Managers donat¢d tim¢ for administration and treosury services Y15 well as making donations. The Trustees are most graieful to St Bride's for their 5UPPOrt. Investments 4t falr value 2(125 21124 At l October Additional investmcnts Nct fdir valuc gain(lOSses) on investments At 30 Seplember Inyestmenis are financial assels held at fair Yalue. 1,222.218 1.182,509 86,703 39,709 1222 218 Debtor% 2025 2024 Investment incotne Gift aid on donationy Accrued donations 13,587 5.694 12,953 4,090 1,073 18,118 29,576 All debtors are financia] assets held at amortis¢d Cost. 14
BOOST CHARITABLE TRUST Notes to the Financi Statements Creditors due wlthln one year 2025 2024 Grant commitments A¢cruals 7,500 6.991 14,491 5,750 5,237 10,987 All creditors are financial liabilities held al amortised cost. AnAlysls of charltable funds Net current a55et$ TotAI 2025 TotAI 2024 Inve8tmen¢s Expendable endowmenl fijnd unrestri¢¢ in¢om¢ fund ,388.770 1,388.770 98,025 1,182,509 206,261 98.025 10. Related party transacllorts and Trustees, remuneratlon TtS choose not to receive any emolum¢nts or reimbursement of expenses during the year (2024.. £nil). The Trustees are the key man88ement personnel of the Trust. 15