REGISTERED CHARITY NUMBER.. 1112133 TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023 FOR KICK 4 LIFE Langdowns DFK Chart8red Accountants Fleming Court Leigh Road Easueigh &wlhampton H8mp5Nre S050 9PD
KICK 4 LIFE CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEARENDED 31STDECEMBER 2023 Page Report of the Trustee Sfalement of Truslge8' Re8pon8lbllllie$ Independent ExamIne$ Report Statemant of Flnanelal Aollvltl•s Balanca Sheèt Notès to tha Flnanclal Ststemonts 9 10 lg DBtalled Statemènt oFFlnanolal Actlvltl&s 20 ID 21
KICK4L FE REPORT OF THE TRUSTEES FOR THEYE R ENDED 31ST DECEMBER 2023 The Iruslees present Ih2ir report with the fina81 statemenis of the eharily for the year ended 31st December 2023. The trustees have adopted the pmvlsions of Accounting and Reporting by charitS.. Statement ol ReCoinmeI Pract appllc8bk lo chariues piepaiing their accounts In accordan with Iha Fin&ncl21 Reporting Standard applicable in Ihe UK and Republic ol Ireland IFRS 1021 leffeclive 1 Janu8ry 2019}. OBJECTIVES AND ACTivifiES Oblectlves and alms Our vlslon is lor the effectlve and widespread use ol loolball as a l¢x)I lor tackling poverty and disea88, and promotlng dev8lopmènt, In thè worlds poorèst con)munlliè8. Our mlsslon is lo develop and deliver hiqhty 8ffecliv8 and Innovativ8 dev8lDpm8nt through football pn)grams that address social disadvantage among chIkIn and youth arKI provKle opportunities and inspiration foT Ih8m lo Iranslom thèir liv85 and achlèv8 théir pot8nti81. Th$sÉ efforts are f(tusèd In Lesotho In promding oppottunilies io transform the lives of di$V2ntaged young peop18 Ihrough delivering heallh Èducation, HIV 18stsng, lile-8kills d8v81opm8nl. mentoring and support towardg 6ducalion. employment and suStainae livelhoods for orphans and vulnerable children. Our principal objectives are.. 1. Th& relief of povety, hardshlp and dlslress Ihioughoul th8 world by th8 proviOn of finanaal 8ndlor m8t8rkg1 asslstane6 ol thosè In r*ed and by the collecbon, collation and publio dislribulh)n of relaled informalon. And 2. The pregervation and protecbon ol good health throughout the wortd, in particular in relation to Issues surroundin HIVIAIDS, by the provision of inlomietion and advice to those al risk or who are sufferlng th6 effects ol HIVIAIDS and, at discrelion ol the Trustees, by the provislon ol financial as81slaw2 lo those affected. Th8 Chafity18 oroanised so that th8 IIu8¢8e8 meet regularfy lo manage its affairs. Publlc beneflt statement Klck 4 Life has 5US)ported th6 good works ol Klck 4 Lifè Trust In Lesotho which delpiers a programme ol health edUtIr)n, HIV lesling, life-skills developrnenl. mentoring and support INardS e(c8110 and ernployfflenl for otphans and vulnera& chlklren. Lasotho has tho worfd'g sec(>nd highest prèvalen ol HIV123.8%1 and more than 160,000 Chi[8 have been orphaned by tha di$ea5e. This support ha5 been in the form of funding. lundralslng support and organisational developnenl including developing strategies and plans, writing fundraising pioposals and supporting Monitoring & Evalualion. In doing so Klck 4 Llle has lurthered ils charltab1è obje¢liveg including the relief ol povety, hardship and distress, and the preserwalh)n and proleclion ol g¢y)d h8allh throughout th8 world. The Iwslg88 hav8 read tha Chaiity CommissSon's guidane& on Publlc 8enefrt and cOnser It due regard exeraslng thr power and duties. Page 1
KICK 4 LIFE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2023 ACHIEVEMENT AND PERFORMANCE Charftable actlvltle5 Kick 4 Life SUPPDrts the work of our partner charity in Lèsothts - Klck 4 Lifè Trust. During 223 Ktck 4 Lif8 has promded fwding. fundraising support and organisalional development assistan to 'ck 4 Life Trust. This has included devetoping strategies and plans and supporting programme devts1oent. fijndralslng, HR, s8leguardlng and Monitoring & Evsluation. In 2023 our support enabled the following activities and achievements In Lesotho thrwgh whlch Klek 4 Llfè Trust has 8ngaged mOTe than 4.000 vulnerabb thiklren and young peopl8.' The implemenlatlon ol community prramMS Ih8t use sport to deliver a range of Interventn8 for young people In Lesolho including hegllh oducation. lifg-8kills devglopmgnl. gender rights, financial traing and enlrepreneutslip. Thi8 Included the new Skills4Lile Cur¥iculum devebped in partnership wth UNICEF. which uses football lo help young peOe develop key Iransferable life skills, With a focu5 on employability and Bnlrepreneurship. The Girfs United programmo 81so (Dnlinuod. empowering girl8 and young wornen wilh knoedge of gender rights and Bexual and reprcKluctive health education, as well as working wlh boys and youro men lo promoting gender equ&llly, chall$nge gendar discrlminauon and redu a¢ptn ol gender-based violence. The continued OFeration ol the Kld(4Life Climate Action Group and the Implementation of a Green Plan to reduce the organisation's environmanlal Impact. as well ss Idènlifylng opporturtilles for wder youth dumatè action. This includ8d th8 installatn of solar pan8Lq at the Ki¢k4Lile Cenlrg With supwrt Irom the Brilksh High Commission lo lfj'ngdom ol Lesotho. Ir) partnership with the Commonwealth Foundation, Kk 4 Lrfe TrLBt also laund)ed a new projecl to slffjngthen the youth voice for climate 8ellon. The Test Your Team rAm1gn through which young s)eople can ac83 voluntary tèstlng for HIV th those t@sUng poshlv6 referred to ongolng medical Ireatsnent. counselling and supporL Delvery ol th8 Kick4Lile Academy which provides intensive and hdistio suwort for vulneralle youth to work towards galnlng 5cholai-81hle schDlaiships 81 inleinalion81 univetsits'?5. The continued developmenl of the sodal enterprises al th? Kick4Lile Centre - No.7 Restaurant and the Hokahanya Inn & Conlerents Cellt. As well as generating come lor Kk 4 Life Trust the enletpiises provi(kd stiudur8d tr8ining and employment for young p80pl8, providing them th skllls, experience and qualificalioJk% lo pursu& (areers in the hospilalily sector and achieve sustalnabk Ilvellhoods. Working elo$6ly with Kid( 4 [e Trust lo support th8 d8V8lopm8nl of the Stadium ol Ltfe in L@solho which started in 2023. This included devebping t1 conp1 for the stadium to be cortstructed using suslainabty Sour timber. Further nding was secured for the project through sponsorship from Forest stewardshlp Councll. Tha dèvebpment of thls ¢xJrrent pha88 Is eX¢ted lo be complelod in 2024. FuTrdral8lng actlvlll88 During 2023 K¢ck 4 Life has undertaken the followiw.. Securing ur&n18 and developing parEngiships on behall ol Kick 4 Life Tru81 for programme &ctivilies. This included UNICEF. th8 Lau$ Sport for Good Foiindation, FIFA Foundation, the Brllish Hlgh Commisston lo the Kd0M of Lasotho a1 the CommonwEallh FourKI81ion. RecruilirvJ participants for the Kick4Lile Al Stays Tour2024. Through Ki¢k4Life Asslsl we have prOded Iraining and support to Dlher sport for devdDpment organ15ation5 including ojrficulutn devdopmenl, coach training and Social enterprise dfyve1opmgI supp(Yt, In 2023 this included wothing wlh chan lo Shin8 to provide personal development sessions for theiryoulh Advisory Board. Pagè 2
KIC 4 LIFE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2023 FINANCIAL REVIEW Introductlon Kiek4Li18 is a Charit8bl8 Trust [[star8d In thè UK In 2005. - The trustee5 are g(werned by Truslee Acl2000 which sets oulthe gèneral powèr of Investment. Organlsatlonal oblectlves In line the (ounding objectives around the global re118f ol Foverty and the preservallon and prolectDn of good hgalth, Klek4Life aims to support Ihe good works ol Kick 4 Life Trust, a eharity règisle16d kn L8solho, southern Afrlca. In doing so Klck4Lif8 saS the power of sport lo tran8fonn th8 Iiv8s of orphans 2nd vulnersble chihSr@n in L8sDlho. Th18 indvd88 health edutrdlion and HIV prevention, voluntary HIV testing, gender rlghls educatlon lile-sklllg development. mentoring & support towards educxlion and èmploymènl. This supw)rt of Kick 4 Life Trust is manifested in direct financial #8sistan¢È 8ftd support ryth fUndraIng. promotion and managernenl and strategic stwport including Moniloiing & Evaluation and Human Resour¢8s. Kick4Li18'8 8UPPOrt is ruSed on capacity-building Ktek 4 Life Trust for the lorg-lerm success ol the Ofganr2alion in achieving its objeclbves and In 8chièvlnu orowth and financial 8UStainabillly. Invaslmont oblactlvg$ & Rg8give$ $lrategy In invesling Ihe reseNes, the d)arity seeks to produce the best finaneAAI return wilhin an acpIable level ol risk to det8nnined by trustees. The following paramelers will guid8 inveslrnenl decisicffis.. 85Yo of th8 charity's 8ss8ts 8hould b8 h81d In cash, n8ar-cash and kwi risk inv851rn8nls d8ncThinated in Startkng. Th8 majority ol these investments should be accesslbl8 wilhln a one-monlh perlod. - The remaining 15°h may bg invesled in strategic opportunilles Ihal support th& objectives of the charity a1 the work il supports in Lesolho. These may highèr risk invastmènts. . The charity's Gash balances should be deposited with institutions wilh a minimtim Tating ol A- or Invested in a diversird money market fund. M¥nag8ment, Reportlng & Monllorfng - The trustees monitor the performan ol all investments on a quarterly basis with dateS frcth lh8 Chief EXUl1Ve. - The investment policy Mrill be ieviewed on an annual basis al the etKI-ol-year Board meeb'ng {h any reqIred ch8ng88 made In lime for the following year. ReseNes pollcy The chaiivs policy otF resetves is compliant with thos8 of the Chaiity Comrnission, Kick 4 Life's long-lemi go81 18 10 achiev& reserves that amount to six months fixed overheads in Ihe UK lo ccns0lid8le and strengthen the org8nisalion for its long-tèrm suetsss stablllty. In addition, the eharEty alms to hokl reserves Ihat repre86nt SIK months fixed ovgrhead8 ol Kidi 4 Life Tiu31 to Slrfynglhen the finallcial posibon of our partner org4581.0n and lo provide finanoial asslstance 11 requirad. Thè trustees set annual targèts for IneJ&a8lng reserves lowards iarget levels and rev progra&s against IheSE* tsrgets on a regular basrs. They also ieview the resewes policy on 8n annual basis al the end of y88r board meeliry in Demberwhen the budget for folbwing year is set. FlnAnclal mvlgw The Truslg88 satisfd with th8 tharills inccffling resources of £195,1e8, which inrjudes invesln18nl income of £15,973, and out-going eypenditure 01£280,454 and the galn (M investments of £434. FUTLIRE DEVELOPMENTS fjck 4 Li18 18 aiming lo continu9 118 SUPPOrt of Ki¢k 4 Life Tfusl's work with vuln8rable children young peoplo in L8sotho, and to surwrt the long-lerrn sustalnakility and social impact ol Kick 4 Life Trust. This indudes slrewJlhening 8nd improwg comrnunity programrn8 delivery, the conliwiu9d development of the Ktck4Life Centie 8nd helpinu lo slrenglhen the financial the ganiZatIOna5 sustainability of Kick 4 Life Trust through Ihg effective runniTrJ and development ol its sodal enterprlses. STRUCTURE, GOVERNANCE AND MANAGEMENT Govèrnlng docum&nt The charily 18 controled by ils governing document, a deed ollrusl and con3lilutOS an unincorporated charily. Recyullment and appolntmenl of new trustses The Trusl Deèd provld89 for a mlnlmum of 8 Tidst888. W8r8 thèra a requlrem&nt for addltlonal Truste6S, th888 would b8 identified and appointed by Ihg exisling Trustees. Wew Trust8 will be given a formal induction piogram which involves awareness ol a trustee's responsibilili&s, th& g0veman documenL adminislralive prctedures, the history and phi1050phlc81 approach of the tharity. A tEw Tiustea would ceiv 8 Copy of the preoU$ yearfs Annual ReFX)rt and Accounts, P8g8 3
KICK4 LIFE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2023 STRU¢TUR4 GOVERNANCE AND MANAGEMENT Rlsk management The Iw5tee5 hgve a duly to Identify and review the rSsks to whl¢h tho tharSly is exty)sed and to ensure appropriate conlrols are in pla lo prowde reasonable asstjrance again81 fraud and error. Th8 Trnst888 révièw riskg that Ihe charity la$ on an ongoing bas15 and ensure thdt efficient con(rols are in place to minimise these. REFERENCE AND ADMINISTRATIVE DETAILS Reglstered Charlty number 1112133 Princlpal addre88 16 Park Aven LIWe Paxton Cambridg8shire PE19 6PB Trustees DMLwht B S Fishlock A Oswald N Ward A VVhitiaker-8rown J C Morgan J Meggison-Hill Independent Examlner Langdowns DFK Chartered Accountant8 Frning Court Leigh Road Ea511eigh Soulhamplon Hampshire S050 9PD Approved by order ol Ihe board oltruslees on 27th June 2024 aTrJ signed on its behalf by.. B S Fishlock- Trustee Page 4
KICK 4 LIFE STATEMENT OF TRUSTEES, RESPONSIBILITIES FOR THE YEAR ENDED 31ST Thg trustees are reyponsibl6 lor ppar1rng the Report of the Trustees and the financial stalem8nls in accordanc8 wtth applicable law and United lfjngdorn Accounting Standards (United Kingdom G8n8rally Aceepted Accounting PraclKel. The law aprAicable lo chari118s In England and Wa18S, th8 CharillÈs Act 2011, Charily (Account8 and Reports) Regulation$ 2008 and the prcivi%lons ol Ihe Ifust deed requlres the trustees to w8par& finandal gt8t6menls for each financial year which giv8 8 tiuÈ and fair vièw ol the statè ol affalrs of Ihe tharity and of Ihe incoming rosourcgs and app1icalion ol sourCes, including Ihe income and exp8ndilure, ol th8 charily lor that p8riod. In preparing those financk91 slat8ments, thè Irus188s ara r8qL)ir6d to s&18Ct suitabl8 accounting policies then aPY them conslslenlly.. observe the melhr)ds and piincip18s In th8 Charfty SORP", make ludgemenls and eslimales that are ieasonable and prudent., prepare Ihe financial statements on the ooing concem ba8L4 un1688 It Is inappropriate io presum8 that Iho charity wil continu& in business. The trustees are re$pon3itAa for keeping proper 8ccounti record8 whlch thsdosè wlth reasonoble accuracy al any lime the financAal posllion ol the charity and to enablg them lo ensure that Ihg financial Slalemenls Eomply wlth the Chariligs Act 2011, the Chaiity IAccounls afid Rèports) Regulatlons 21X)8 aNI the pmvlsk>ns ol the Irusl degd. Th&y ale also responslblè for safeguarding th8 as8ets ol the charity and h9rn lor tskiTrJ ieasonabla slep5 for the Fwenlion aTrJ detection ol fraud and other irregularlll&s. Psg6 5
NT EXAMINER'S REPORT TO THE TRUSTEES O KICK 4 LIFE Independent 8xamln&r's Teport to the tru8tees of Klck 4 Llfe I reptyt to the charily trusietss on my èxamlnation of the accounts of Kick 4 Lilg Ilhe Tru511 for Ihe year ended 31st Dember2O23. Re5pon51bllltl8s an(t basls of report As the charity trustees ol the Trust you are reswnslblè for the prepar81ton of fhe 8ccovnls in acooTd8nc9 with Ih requirements olthtt Charities Act 2011 I'the Acri. I report in SpeCI ol my ttxamlnalion ol the Trust's accounts caiiied out Sgction 145 of th8 Act and in carrying out my examination I have follow 811 appll¢8bl$ Dir$¢lions given by the Charity Commission under Secon 145(5llbl of the Act. Indèpendent examlneV$ statement I have completed my examination. l conlmi that no materlgj matters have ¢omg tti my attention in connection wth the examination giving mè eaus6 to lIÉV8 that any malarial respe¢t'. accounting recoids w6r6 not kept in resp8cI ofth8 Trust as required by Sedion 130 01 the Act.. or the accounts do not aOrd with those records., or Ilx> accounts do not comFly with the apjiooble requirements concerning lh6 fomi and content of ac(x)unts $8t out in the Chariltes IAccounts and Rèports) Règu1atitsns 2(K)8 ofher than any tequiremenl that th9 accounts give a true and f2ir view which is not 8 matter oonsidorod as part olan independent examinalion. I have no concorng 8nd h8v8 com8 8cross no olh8r m8tleT8 in connli0n wth the &xaMInaOn lo which attentlon should be dra itE this report in ord@r lo enatAe 8 proper und8rslanding of the accounis tr) be remthed. Mrs LA ParryACA Langdpw[ DFK Chartered Accountants Flemlng Court Leigh Road Easlleigh S(MJthatnpton H8mpshe SOSO 9PD 41h July 2CI24 Page 6
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2023 2023 Total funds 2022 Total fvnds Unrestricted fund R88tricted funds Notes INCOME AND ENDOWMENTS FROM Donallons and legaci&s 37,303 37,303 35,292 Charltabla aetlvltles lal changE programs fDrvulnerabT8 young pèople 16,634 126,378 141,912 117,822 Olhei Iiadiru acliwts Investment Income 8S2 3,652 16,973 16,973 Total 68,810 126,378 195.188 157,618 EXPENDITURE ON Ralsing funds Raising donations and lagacies 21,3a6 21,336 32,493 21,336 21,336 32,493 Chorltabla actlvlllgs Soci81 change programs lor vulnerable young P60ple 44,063 195,066 239,118 142,802 rotal 66,389 155,065 260,454 175.295 Nèt gains on Investments 434 434 1,205 NET INCOMEIIEXPENDITUREI 168,6871 164,8321 {16,4721 RECONCILIATION OF FUNDS Total funds brought foward 395,230 260,506 855.736 672,208 TOTAL FUNDS CARRIED FORWARD 399,085 191,819 59D,904 655,736 The notes form part ol these finandal 8talemènt8 Page 7
ICK 4 LIFE BALANCE SHEET 21ST DECEMBER2023 2023 Total funds 2Q22 Total funds Unfèslricled fund Re81ri¢ted fund5 Notes FIXED ASSETS T8wible 88sets 12 479 479 654 CURRENT ASSETS Dèbtors Investments Cash at bank 13 14 6,088 66,626 342.938 6,088 55,626 534,757 11,629 55,192 594,067 191,819 404,652 191,819 696,471 e£o,888 CREDITORS Amou6 lallirvJ due within one ye 15 18,046) 16,0461 15,8061 NET CURRENT ASSETS 398,606 191,819 690,426 655,082 TOTAL ASSETS LESS CURRENT LIABILITIES 399,086 191,819 590.904 655,738 NET ASSETS 399,085 491,819 590,904 655,736 FUNDS Unrestricted funds Reslrlct6d funds 16 399,085 191,819 395,230 260,508 TOTAL FUNDS 590.9Q4 655,736 The ffnan¢l81 st8tèm6nts w8re aFwroved by Ihg Board ol Truste85 and authori5ed lor issue on 27th June 2024 and were signed on its behalf by.. D M Luhl- Trustee B S Fishlock- Truslee Th& notes fom part of Ih8s8 finanaal 8lal8menls Page 8
KICK 4 LIFE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023 ACCOUNTING POLICIES Basis of preparlrig th8 flnan¢lal statements Thè flnaneial statements ol tho ch8rity, whleh 18 a pU[C bènèfit 8ntlty under FRS 102, haw boèn prepared In accoidance with the Charities SORP IFRS 1021 'Accounling and Reporting by Charities.. Stalem9nl ol Recommend Practi applrAbk to d)8ri116s prepArSng their accounts in accordance wilh Ihe Financkgl Reporting S18ndard 8pplicable the UK 8JKI Rgwblic ol Ireland IFRS 1021 (effective l J8nuary 20191,, Financk41 Reporting Standard 102 'The Financial Reporting Standard aFplicabl8 in the UK and Republic ol Ireland, and the Charities Acl 2011. The fin8nelal statemen15 hgve been prepared urjderthè hlstorlcal c051 convention. Thè Iwslee5 Consider there arè no mater6al uneertalnlles about thè Charity's ablllty to conllnue as a going COllC8rn. Thp mosl significant 8re of 83tirnalion and judg8menl is that ol secuting granl funding donaliDn5 and trustees have no concerns that this now ol income will not ¢onlinu&, The fjnanclal statements 8re prepared in sterling, which is the functional Currency ol Ihe charity. Monetary amounis In these linanc1al stttlements ao rounded to the nearest £. Flnanclal reportlng standard 102- reduced dlsc10511re gxemptlons The charity has laken advantage of the lollowing disclosure exernption in preparin9 these financial statements, as Fermitted by FRS 102'The Flnanclal Reportlng Stsndard appllcEble In the tJKand RepuNtcof Ireland,: the requ1Men1$ ol Sectlon 7 Statement ol Cash Rows. IncomB All income is re¢ognised in the Slatemnt of Financial Activities once the Charity has enlillemenl to the fvnds, il 18 probable that thè Iome will bè receed and amount be meaSUd rellably. Cash donation& are recognised on receipl. Olher donations are rewnised once thè charity has been notified of the dona14Dn. ullless PEilOitnan condilions oqure (bfeiral ol th? amount. Income tax recovefable in relation to donations receiv under GiftAid or deeds ol covenant is recognised at the t4ne olthe donalion. Legad8s ar8 rètognised on rèc8lpl or othèrwlse11 thÉ thaiity has bèen nolifkd o18n Impènding dIStribln, th6 amount is known, and ¥eceipl is expected.11 Ihe amount is not kniwi, the legacy is Ir@aled as a ¢onling8nl ass81. Grants are r8cognised when th8 charity has been notified in wfiling of bolh the amount and settl@Fnent dat8. In the event that the grant is subj'ect to conditions Ihat require a level of performance before the charity is entitled to th8 fonds, th8 inc0rn8 is d8ferr8d and nol rètognisèd tjnlil tho88 conditlons ar8 fully met, or Ihè fuifilmènl of Iho8è conditions will be fulfilled in the reporting pgriod. Consultancy income is the valu8 01 se8 piomded. Income is racognised on 8 p8rc8ntage degree ol completK>n basis caleulated by referee lo the time expended compared to the antiapaled time. Interest on funds held on deposit Is included whgn receiv8bl& and Ihg am¢Trunl can be rne8sured rgliabty by Ih charfly., thls18 nDrm&lly upon nofjfrAtion ol the interest paKJ or payable. Expendlture Liabilities ar8 Tecwnised as expenditure as soon as Ih8r& 18 8 legal or constructive obligation committing th8 chsrily lo that 8xpendilur8, il Is probabl8 th8l a transfer ol economlc benefits wlll be required in s6tdemènt and th8 amount ol the obli9alion can be measured reliably. Exp8ndilure is occounled IOT on an acciual$ basis aiKI ha$ been classifiad undèr haadSNJs thal aggregate all cost reSaled to the caiegory. Mthere costs cannot be dI¢11Y attfibuted lo parbcular heading5 Ihey have been 8llocaied lo aclwities Dn a b8515 ci)n51stent wilh the use ol resour. Tangltsl6 flx•d assats Dep¢[all Fs WOVKled al thè lolltsvAng Ennual rates In older tr) wflte off each asset over119 ests"m&ted usèfrjl Ilfe. Plant and machinery Comwterequlpmenl 20Qk slralghl line 33% slraighl line Al fixed assets 8re Initially ocorded at cosl. Toxatlon The charity is exempt from lax its charitable ¥¢lwilio$, Page g Continued...
KICK 4 LIFE NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THEYEAR ENDED 31ST DECEMBER2023 ACCOUNTING P(LICIES . contlnued Fund aecountlng Unreslri¢ted funds can bg used in accordance with th8 ch81itabb objective8 al Ihg dK8(Yel¢on of the Itu3lees. Restrided tunds can only be used for p8rbcular restrieled purposes Krythin IhE oblEcls tsf the ch8rity. Rèstrictions arisg when 8P8cified by the donor QT when funds aig raised for particular re81ricl8d wrposfys. Fvrtherexplanation ol the naiure and purpose of each fund is induded in the note5 to the finanoal St£temlIs. Forglgn curr8ncl&8 Assets and lbIlitieS in forevJn cunEncies are translated into sterfing at the rates ol exchange ruling al the balarte Sheet date. Transactions in foreEin currencle5 are translated into sterling at the rate of exchang& ruling al thg dale ol Iran8aclion. Exchango differen5 are taken into account 8ttiving al thg oporating re5uII. Hlro pur¢ho88 and lea¥lng rommllments Rentals paid under operating leases are charged to thè Statement ol Flnancial A¢liities on a slraighl line basis over lh8 per of the lease. Pen¥lon costs and other post-reliTement benefits The tharily operates a defined contribution pension scheme. Conlribulions payable to the charity's pension scheme are charged to the Statemenl of Flnancial Acti%4tles in the period to thlch they relate. Impalrment of flxed ass&ts At Each pOrtIng encf dale, the charily rethews the carrying amounts ol its tangible as56ts to dElermlnè whelhei thèr8 15 any indication th8t those 8SStls have suffeF6d an Impairm6nl loss. 11 any such 1ndicab.on exists, Ihe recoverable amoun( of the asset is 8slimaled in order lo determine lh8 8xlenl of th8 impairm8nl loss lif any). Cash and cash equlvalants Cash and eash equivalents indude c4sh in hand. deposits held at cal with banks, other short-lerm liqud inv8glmènts wilh original maturiU8s of thrèè months or lass, and bank ovèrdrafts. Bank ov&r(frafts are shown wthin borrowngs in cuiienl liabilities. Flnanclal Instruments The charity has elected io apply the provisions ol Section It 'Basic Financial Instwments, and Section 12 '0th8r Financial Insliuments Issues, of FRS102 to all ofits finanryal inslrum8nts. Financlal Instruments are reccJnlsed In tha charity's balance sheet Wh the charity beciNnes party lo the contractual proMsion5 of the in811ment. Flnanclal assets and Ilab(liUÈs are offstrt, wlth fhe net amounts presented In Ihe finanaal statements, when there is 8 logally enlorog3blg right lo sgt off the ifjcogTri59d am¢)unls and there is intention to 5etUe on a net b&5is cr to realise the asset and s&tUe the liabilty simultaneousty. Baslc flnan¢lal assets Basic fin8nTral 88sels, which incltKle thblots and cash and bank balan$, Initialty measured at transaction pri indudiry transaction costs and sub88quently carried at amortlS8d cost using th8 eff£cliv8 int&r8sI mèthod unles8 the airangemenl conslitules a fInang transaclion, where the transaction is measured al the wesent value of tho futur6 rèceipts dis¢ounled al a maikel rat6 of ifitsr681. Flnanclol ¥s$èts das$ifl6d as r¢c¢ivabl6 wilhln one y&8r not amorlised. Baslc flnanclal Ilabllltlès 8asio finanual liabilitEs, includlrKJ credltors and bank loans are inltlally recognised at transaction pllcè unless the arr8ng8m8nt constilules a finAnung transaction, whèrè thè debt Instrumsnt Is mèasiired 8t the pr6sant value of Ihg futufe payments discounted al a maiket ralg of interest. Firtanpial liabili1S dassifi8d as yable wiflun on8 year are not amortised. Debt inslwments are Subsequenlly carri8d at amortis8d ¢051, uslng the effgctiv8 interest rale method. Trgde creditors are oblvJalions ID pay foi goods m05t seNces that have been acquired in Ihe ordinary course of operations trorn suppligrs. Arnounls payable are dassified as current liaknlitigs il payrnenl due wilhln one yeaT r k55. If not, thBy are presented as non-curfftnt Ilabilllies. Trade credttors 8rtr recognised inlllBlly al transaction Pricg And 8ubsequ8nlly mo8surod 81 amortisgd cosl usitlg the 8ffecb.ve interest rate. Paus 10 conlinueos...
ICK4 LIFE NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31ST DECEMBER 2023 ACCOUNTING POLICIES . contlnued Employee tjeneflts The cost ol any unused holiday entiuemenl is recognBed in the period li which Iha employeds 8ervice8 arg received. Terminallon benefits recognlsed Immecllately Bs an expense when the d)artty ig demonslrabEy cDmmitted to loiminal@ IhB ernploymenl o18n employ88 (Y lo piovide lerfflination benefils. DONATIONS AND LEGACIES 2023 Total funds 2022 Total funds Unrestiicled lund8 R8811ict8d funds Donabons 37,303 37,303 35,2 OTHER TRADING ACTIVITIES 2023 Total funds 2022 Total lunds Unrestricted funds Restrlcted funds Tradlng aclivily income: other 852 INVESTMENT INCOME 2023 Total fund¥ 2022 Total nds Unrestricted funds Reslrided funds Depo811 account Interest 15.973 16,973 3,652 INCOME FROM CHARITABLE ACTIVITIES 2023 2022 A¢1pty Social thang9 PEogr8m$ f(Y vulnerable young wple Soelal changè programs lor vulnerablG young pèople Consultancy 15.534 soo Grants 126.378 117,322 141.912 117,822 Grants reNed, induded in Ihg above, are as foifow8.' 2023 2022 Common Goal Marr-munnlng Trust Fotsst Stewardship Councll Coaches Across Contlnents Laureus Sport for Good Foundata)n UEFA Foundalbn Charibes A¥J Foundalion Unr881ri¢led funds 6,810 10,000 63,153 3,760 2q,464 21,401 20,722 40,102 8.211 48.287 126,378 117,322 Pagell continued...
KICK 4 LIFE NOTES TO THE FINANCIAL STATEMENTS- contln FOR THEYEAR ENDED 31ST DECEMBER 2023 RAISING DONATIONS AND LEGACIES 2023 Total fund8 2022 Total fvnds Unr8slricted funds Re81ricied tunds Staff costs Seeking (lonauons, grants and legac5 Staging fundraising events Travol and Subsiste Advertising Olh6r fundraLsing costs Depreciation 14,273 562 746 4,428 77 356 14,273 562 746 4,428 77 356 894 13,747 331 9,775 4,035 314 3,622 669 21,336 21,336 32,493 CHARITABLE ACTIVITIES COSYS Support Costs (see note 8} Direct Costs TotaLg Soclal charye progr8ms forvulner8b18 young people 210,006 29,112 239,118 SUPPORT COSTS Gov6rnanca ¢osts Management Tolals Soc181 chang8 progr8m8 forvulner8b18 young people 20,239 8,B73 29,112 2023 2022 Indepondonl oxaminerfs lees Payroll f88S Other lees 2,420 650 2,430 2.300 528 2,300 5,400 5,160 Support StS. induded in the abov8, ats 8$ follows.. ManagemDnt 2023 Social thange pro9ran)s for vulnerable young People 2022 Total activiligs Wagés Social sectY Pensi$ Olher offic& wsts Trav81 and sub8iSten Insuranc8 9,492 131 795 213 369 1,256 8,999 210 684 589 216 1,170 carri ftsrward 12,2S6 11,848 Page 12 continued...
KICK 4 LIFE NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR NDED BE SUPPORT COSTS- conllnued Manauement- contlnued 2023 Social Ange piograrns lor vulnerable young peoplo 2022 Totsl ac1slieS Brought loard Telecommunications and webslte Poslage and stationery Bank charges Medlc81 costs 12,258 6,787 788 258 150 11,848 1,996 474 201 156 20,239 14,674 Governance costs 2023 Social change programs for vulnerable ytrung people 2022 Total a¢tivili&s Wag88 Social so¢wIy Penstons Ind6P6ndènt Exsmlnerts fee 3,164 3,000 70 228 6,160 265 5,400 8,873 8,4S8 TRusfEES' REMUNERATION AND BENEFIT8 There were tNJ Irustee5' remuneratK)n or clher benefits lor tho year ended 31st Decernber 2023 nor lor the yéar ended 31st Deb8r 2022. TTU6tees' expenses Ther8 were no trus1898' expeA$e8 P8id for the year ended 31st DÈ¢ambw 2023 nor for the yaar ended 31st December 2022. 10. STAFF COSTS 2023 2022 Wagas and sal8rl8s Social Security costs Other pensi¢M costs 63,278 872 9,106 69,992 1,403 8,415 73,308 69,810 Th6 8V6r898 monthly number ol employees during thè year was as lolows.. 2023 2022 Fundralsing, management and support Page 13 continued...
OTES TO THE FINANCIAL STATEMENTS . contlnuod FOR THEYEAR ENDED 31ST DECEMBER 2023 40. STAFF COSTS- ¢ontlnu8d The number olernployees whose employee benefits (excluding employef pertslon costs) exoeded £60,OOLI was= 2023 2022 £80,000- £70.000 P&n$lon o)sts are alknted belw8en rain9 funds, charitabl8 expenses Ire5tricled and unrestrrtedl and supp)rt costs based on the proportlon ol time spent on those act4vitles. 11. COMPARATIVES FOR THE STATEMENT OF FINANCIALACTIVITIES Unfeslricled fund Restricted funds Totsl funds INCOME AND ENDOWMENTS FROM oonallot alld rega98 35,292 35,292 Chorltsblg a¢tlvltle8 S(Kial changè programs for vulnerablo yojng peop 4e,787 69,035 117,822 Other trading act1vil$ Investment income 852 3,652 852 3,652 Total 88,583 69,035 1bl.618 EXPENDITURE ON Ralslng fund¥ Raisino donations and lega¢les 32,493 32.493 32,4g3 32,493 Charltable acllvllles Social charoe programs for vulnerable young p6oplè 68,504 74,298 142,802 Total 1(X),997 74,298 175,295 N8t oalns on nv8sfm8nts 1,205 1,205 NET INCOMEIIEXPENDITUREI 111.2091 15.2631 116.4721 RECONCILIATION OF FUNDS Total funds brought forward 406.439 265.769 872,208 TOTAL FUNDS CARRIED FORWARD 395,230 260,506 855,736 Page 14 continued...
4LIF NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 21ST DECEMBER 2023 12. TANGIBLE FIXED ASSETS Plant 8nd machinery CompLlter equipm8nl Totals COST Al 1st January 2023 Additions Disposal 1.111 2,078 719 11,6991 3.189 719 11,6991 At 31st December 2023 1.08B 2.209 DEPRECIATION At 1st January 2023 Charge for year Eliminated on diswsal 1,424 894 11.6991 1535 894 11.6991 A(3151 Decembtrr 2023 I,Iqq 619 1,730 NET BOOKVALUE Al 31st DeGember 2023 479 479 Al 31st De¢8mb8r 2022 e54 654 13. DEBTORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 2023 2022 Olhei debtors Prepayments 2,423 3.665 10,581 1,048 6,088 11,629 14. CURRENT ASSET INVESTMENTS 2023 2022 Chaity invgstmenl fund 56,626 55.192 15. CREDITORS.. AWiOUNTS FALLING DLIE WITHIN ONE YEAR 2023 2022 Taxation gocisl security other creditors 646 5.4( 5,160 6.048 Page 15 onlinued...
KICK 4 LIFE NOTES TO THE FINANCIAL STATEMENTS- con FOR THE YEAR ENDED 31ST DEGEMBER 2023 Inuè 16. MOVEMENT IN FUNDS Nel movement In funds At 31.12.23 At 1.1.23 Unrestrlctsd funds General fund 395,230 3.855 399,085 Restrlcted funds UEFA Foundation D8nis& Coales Foundation For?$1 Siewardship Coun¢ll 10,506 260,000 110,5061 1121,0701 62,889 128,930 62,889 260,508 68,6871 191,819 TOTAL FUNDS 655,736 64,8321 590,904 N81 movement in fvrKls, irdudal in the above are as follows.. Incomlng r@sow$ R&sour¢o$ expended Gains ynd losses Movemonl in funds Unrestrlcted funds Gonefal fund 68.810 185,3891 434 3,855 Re8trlcled funds UEFA F0Vndaln SlreetrooibalOd Denise Coates Foundatlon Laureu8 Sport for Good Foundatlon Coaches Across Continents For88t st8W8rdship Council Marr-munning Trust 21A01 6,610 131.9071 16,6101 1121,0701 121,4651 13,7501 12631 110.0001 110,5061 1121,0701 21.466 3.750 63.152 10,000 62,8B9 128,378 1195,0651 168,687 TOTAL FUNDS 195.186 1260,4541 434 164,8321 Comparatlves for movement In funds Nel movement in lunds At 31.IZ22 At1.1.22 Unreslrlcted fuvd8 General fund 4oe.439 111,2091 395,230 Restilcted funds UEFA Foundation Den188 Coates Foundatlon 15,769 250,000 15,2831 10,506 250,0th) 5,769 15,2631 260,506 TOTAL FUNDS 672,208 116,4721 655,736 Page 18 continued...
KICK 4 LIFE NOTES TO THE FINANCIAL STATEMENTS- ¢ontlnu8d FOR THEYEARENDED 31ST DECEMBER 2023 18. MOVEMENT IN FUNDS . contlnued Comp8rotive net movement In f)d$, Included in the abtsvè arb 8$ follows.. Incoming r8sourc8S Resour expended Gains and ID888S Movement in hjnds Unrestrlcted funds Gen8ral lund 88,583 11(X).9971 1,205 111.2091 Rastrlct&d funds UEFA Foundation Slrèèlloolbalhvorld Charities Aid Foundation 40.102 2D,722 8211 {45.3651 120,7221 18.2111 15,2631 69,035 {74,2981 15,2631 TOTAL FUNDS 157.618 1175.2951 1,205 116.4721 Acurrenl year 12 months and prior y&ar 12 monlhs combined pos6117 i% &s folltrws,. Net movèrnenl In fund8 At 31.12.23 A11.1.22 Unreslrlcled funds G8n8ral furKI 4(,439 17.3541 399,085 Restrlcted funds UEFA FoLtndalion Dènis8 C(18t88 Foundation Fore51 Slewardshlp Council 15.769 250,000 115.7691 1121,0701 62,689 128,930 62.889 265,769 173,9501 191,819 TOTAL FUNDS 672,208 181.3041 59).904 A current year 12 months and prior year 12 months cclnbln net movemenl in funds, triduded in the above are 85 follows., IncomlNJ rasour5 Resources expended Gains and losses Movement it? funds Unrestrlcted funds G8n8r81 fund 157,393 1166,3861 1,639 17,3541 R8slrlctpd fund8 UEFA Founda140n slie8tfo0lbalOrtd Denise Coales Foundation Charities Ald FoUallOn Lauieus Swrt for Good FourKlalion Coaches Across Continents Forest stewardship Counol Mair-munning Trust 61,503 27,332 177.2721 127,3321 1121,0701 16,2111 121,4651 13,7501 12631 110,0001 115,7691 1121,0701 8,211 21,465 3,750 63,152 10,000 62,889 195,413 1269,3631 173,g501 TOTAL FUNDS 352,806 1435,74gi 1.639 181,3041 Page 17 continued...
EtCK 4 LIFE NOTES TO THE FINANCIAL STATEMENTS- contlnued EQ_R THE YEAR ENDED 31ST DECEMBER 2023 17. RELATED PARTY DISCLOSURES Durlng th6 year tho th8rity enl8red into fhg lollowng transactions with related parties.. Klck 4 Life Trust Thé charity has a clos8 working relatsonship wilh Kick 4 Life Trust Is a chaily based in Lesotho. Under an agreemE7nt with Ihe en(Itles Kick 4 Life is obllged to probida suptY)rt lo lfjck 4 Life Trust In tha development of slrategi8s, projecls, targèts abd budoèts, lo ralsè funds and ialsè th8 Int8rn8tion81 profile of Kick 4 Life Trust and aw8r8n8S8 of the HIVIAIDS crisis in L8solho, lo assisl with moniloring and 9valualKTrn, and to provide tschnitral supwrt. Under the agreement ck 4 Life Trust is 0ed to work closely with Kick 4 Life on slr8te¥ies, projects. targ8ts and budgets. to as8lSt th fundraBing 8pplicatians, lo use ftJn¢Js raised by Kick 4 Life as agr8ed, 8nd lo provido financial and operational reports. In 2023 grant fundlng of £135,000 w85 transfer lo lQck 4 Life Trust{222.. 51,4931 Ki¢k 4 Lif@U_ During the year the charity was worked c105ely with Ck 4 Life USA a 8lStor charity regisleied in USA which abo support8 the work ol Kid(4 Life Tw5l in Lesotho. Mr P Fkmln Mr P Fleming is the joinl CEO of the charity. In 2023 eonsultancy foe$ of £Nil We paid lo Mr P Fleming {2022'. £3,500) for carrying out charitable a¢ivilies. The charity pald pension conlr¢butions of £3.855 for Mr P Fleming12ts22.' £3,855). MrSF Mr S Fleming is thejoint CEO of the charity and a Trustee of Kick 4 Ufe Trust. During the yg8r Ihg charity paid a salary 01 £63,277. pensions £5,301 and medlcal 01 £150 to Mr S Fleming 12022.. Salary £59,993, pension £4,560, medical costs £1561. During th8 year th8 Chaoty pald £21712022',£2,0441 for the purchase ol the book Radical Foolball written by Mr S Flèming for both onward sale and free of charge prunouonal dlslrlbulion. Duiing the year c*arty rewnbursed Mr S Fleming £8,885 for expenditure inwrred on behalf ol the charity 12021. £14,370). The balance owino to Ihe charity ty Mr S Flemlng at the year end was £1.535 12022: £420 owing to the charilyl. Dona Donations ceIVed from twstees and related patb69 thOut condiNon$ amountad t(Tr £24D. 18. RESTRICTED FUNDS UEFA Foundation lor Chikyre Funds expended on and re$trieled lo delery of sport for development actDltbe5 in Lesolho, This wa$ fvcused on IEgllh education indud1 HIV prevention, hygiene & sanilalion, nutrition, sexual & reproductive health, mental health and a¢$ lo health Servi$. There is also a focus on promotion ol gandèr equaltty and Ilfa-sklls (kvelopment. streetfootbatfvorld Funds expended on delivery of the Social Enlerpriso As51sI project lo support Foolb811 for Good organlsalions around th& world lo improve their financial 8tsbilily through social enteipri88 income generation. Denise Coa es F undali Rèstricted grant funding received ID be expènsed on devdopiru the Stadium ol Life p¥oiect in Lesotho with buill-in health facilities, Inlggrated nature. a ujllural hub and dedlcaled Spa for Ssx)rt for Development acttvities. S Drt for G1 Foundalion Funds 8xpènd8d on and rèstrictèd to d811v8ry of sport for d8V81opm8nt 8ctivili88 in L8SOtho. This was focu88d on IEatth eduoalion Iuding HIV provenlvn, hygien8 and 8aniialion, nutrilionlsexual & reproductive health. mental health and access to health servEces, There is also a focus on promotion ol gender e(¥Jallty arKJ Ille-skli Is development. P8oe 18 continued...
TOTH EN ntlnued QR THE YEAR ENDED 31ST DECEMBER 2023 18, RESTRICTED FUNDS. ¢ontlnu&d Coath88 A(xos5 Conlinenls Funds restricted lo, and expended on, supportlrKJ Ki(Af 4 LI18 TNst In Lesotho. Forest SlewardS4 Fund5 expended on the 5POnsorship ol Ihe sladium ol Life for the PUfP0898 of con3lruclion and dgvelopmgnl ol the stadium. arr-munnin Funds reslricled to, and expended on, supporbng EQck4 Life Tru51 in Lesotho. Page19
KICK 4 LIFE DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THEYEAR ENDED 31ST DECEMBER2023 2023 2022 INCOME AND ENDOWMENTS Donatlon$ alld legacle¥ rk)nali¢)ns 37,303 35.292 Olhertradlng acllvltles Trading activity income.. other Investment Income Deposit account interest 16,973 3,652 Gharltablfr actlvltles Consultancy Grant8 15,634 126,378 soo 117,322 141,912 117.822 Total Incomlng resour¢es 195,188 157.618 EXPENDITURE Ralslng donatlons and legacl Wag85 Social security Penslons Seeklng donations, grants and legaues Stsgiru fundrasino evgnts Travol and sub8i5¢ee AdvertL4ing Other lundrydising costs DepCraon of tangible fixed assets 9,492 131 4,650 662 746 4,428 8,997 211 4,539 331 9,775 314 3,622 894 21,336 32,493 Charllgble actlvltlès Wage5 Swial security Pensions Travol and subsi51otKe Olh81 chaiilablè costs Funding to Kick 4 Life Trust Fee5 for chdriidNts activllles 41,130 38,996 912 2,984 2,223 11.563 51,493 11,519 3A46 1,699 21,877 135,000 8,288 210,006 119,670 Support co¥ts Man8gem8nt W#g6S Social security Pensions Otheroffice costs Travel and 8ub$istenca InsuiBnce Tèlecommunlcatlong and website Carrred foFward 9.492 131 210 213 369 1,266 6,787 19,043 218 1,170 1,995 13,843 Thls does not form part ol Ihe siatutory financial statements Pag8 20
ICK 4 LIFE DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THEYEARENDED 31ST DECEMBE 2023 2022 Management Brought lomard Postage 8nd slalionery ank charges med1 costs 19,U43 788 258 160 13,843 474 201 158 20.239 14,674 Governancè costs W8ges So¢ial secL(rily PensK)n5 Indendent Examinerfs fe8 3,164 44 265 5,400 3,000 70 228 5.160 8,873 8,458 Total Tesources expended 260.454 175,295 Net expendltur8 befor6 galns and lossès 165,2861 117.8771 Rèallsed recognlsed galns and losses Reallsed oainslllosse51 on red asset inveslmeThts 434 1,205 Net expendlture 164,8321 11e,4721 Thls pag8 d3 not forrn part of the statutory financlal slatemenls P8ge 21
Digit(Illy Sigiied Docuiiieiit DocLiineiil ID.. 63C2C354Cf1727 Longdtrwns Docuinent Details JTileiiame: 8KIC007-Charili¢B repDI'I - YE31.12.23.PDF Client uf: Laiigdowns Dfk Sigiiature Details Nainc: David Liglit Ilavidiiilighl@OtlIII.c0ln D&tL & Tline: 0410712024 14'.00:21 PM (BST) IP Address: 86.12.46.35 Sigiiing StatLmL'JIt: Kick 4 Life aglees aiid appi'oves the coThtents of this dociiiiieiit. B¢njaiiiin Fishlock ben@globalstreclart.coin Date & TIIEIL: 0410712024 10..29:39 AM (BST) IP AddYes$: 82.19.43.58 Signing StatLim¢ttt: Kick 4 Life agr¢¢s aiid appiDves the ¢oi)lenls of this docLuneiil.
Digitally Sigiied Documeiit Docuineiit ID.. 63C2C354CF1727 Lanfaclowns Di. i< Digital Ceitificate Tlie ftpproved PDF file has b¢eii digitttlly Cei'lifi1.Pl¢aS¢ clKck Ilie Digital CeJ'tifi¢ate iiifornialioji in youi. PDF vieiver to vei'ily Ilie Digilal Cer¢ificale aiiilienliGity aiid Il)e PDF not be1 t8inpeiYd iviili. On behiglf ol: Langdowns Dfk PDf dixital Lerlificmte: IRIS Softwai'e Gi'oup Liinitcd Digital certifi¢ale issued by: Globalsign Please keep A copy of this docuilient foi. yOLir records. LangdOw1 DFK Poilal is poweird by IRIS Openspace.