REGISTERED CHARITY NUMBER: 1112133 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 FOR KICK 4 LIFE Langdowns DFK Chartered Accountants Fleming Court Leigh Road Easlleigh Southampton Hampshire S050 9pD
KICK4 LIFE CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Page Report of the Trustees Statement of Trustees, Responsibilities Independent Examlnerfs Report Statement of Financial Activities Balance Sheet Notes to the Flnanclal Statements 9 to 19 Detailed Statement of Financial Activities 20 to 21
KICK4 LIFE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 The trustees present their report with the financial slalemenls of the charity for the year ended 31 December 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practi applicable to charities preparing their accounts in accordan with the Financial Reporting Standard applicable in Ihe UK and Republic of Ireland IFRS 102) leffecb've 1 January 2019). OBJECTIVES AND ACTIVITIES Oblectlve$ and aims Our vision is for the effective and wide8pread use of football as a tool for tackling poverty and disease, and promoting development, in the worfd's poorest communities. Our mlsslon is to develop and deliver highly effective and innovative development through football programs that address social disadvantage 8mong children and youth and provide opportunities and inspiration for them to transform their lives and achieve their potential. These efft)rts are focused in Lesotho in providing opportunities lo transfonn the lives of disadvantaged young people through delivering health education, HIV lesling, life-skills development, mentoring and support lowards education, employment and sustainable livelihoods for orphans and vulnerable children. Our principal objectives are.. 1. The relief of povety, hardship and distre8s Ihroughout the world by the provision of financial andlor material assistance of those in need and by the collection, collation and public distribution of r8laled information. And 2. The preservation and protection of good health throughout the world, in particular in relation to issues surrounding HIVIAIDS. by the provision of information and advice to those at risk or who are suffering the effects of HIVIAIDS and, at the discretion of the Trustees, by the provision of financial assistance to those affected. The Charity is organised so that the trustees meet guladY to manage ils affairs. Publi¢ benefit statement Kick4Life supports the good works of Kick4Life Trust in Le501ho which delivers a programme of health education, HIV testing, gender equality, life-skills development. mentoring and support towards education and employment for orphans and vulnerable children. Lesotho has Ihe world's second highest prevalence of HIV I23.2°) and more than 180,000 children have been orphaned by the disease. This support has been in the fomi of funding, ndraising support and organisational development including developing strategies and plans, writing fundraising proposals and supporting Monitoring & Evaluation. In doing so Kick4Life has furthered ils charitable objectives including Ihe relief of poverty, hardship and distress, and the preservation and protection of good health throughout the world. The trustees have read the Charity Commission's guidance on Public Benefit and consider it with due regard in exercising their power and duties. Page 1
KICK 4 LIFE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 ACHIEVEMENT AND PERFORMANCE Charitable activities Kick4Life supports the work of our partner charity in Lesotho Kick4Life Trust. During 2024 TrQck4Life has provided funding. fundraising support and organisalional development assistan to Kick4Life Trust. This has included developing strategies and plans and supporting programme development, fvndraising, HR, safeguarding and Monitoring & Evaluation. In 2024 our support enabled the following activities and achievements in Lesotho through which TrQck4Life Trust has engaged more than 3.500 vulnerable children and young people.. The Girts United programme and curriculum which empowers girls and young women with knowledge of gender rights and sexual & reproductive health education. as well as working with boys and young men to promote gender equality, challenge gender discrimination and reduce inadences and acceptance of gender4)ased violence. A Climate Enterprise Incubator which supports young female entrepreneurs in setting up and launching enterprises with an environmental suslainabilily component as well as supporting the livelihoods of the young women in the programme. - A project to strengthen the youth Vol for Climate action in Lesotho, in partnership with the Commonwealth Foundation. Delivery of the Equal Play Effect Africa Project, with Kick4Life Trust appointed Regional Hub for Southern Africa. The project involved developing and supporting a network of 10 Sport for Goxjd organisations from across the region in strengthening their gender programmes arid policies. The Kick4Life Academy which provides intensive and holistic support for vulnerable youth to work towards gaining student-alhlele scholarships al international universities. Two students from Lesotho secured scholarships in the USA in 2024. Continued development of the Social enterprises at the lQck4Life Centre.. No.7 Restaurant and the Hokahanya Inn & Conference Centre. As well as generating gustainable income for Kick4Life Trust, the enterprises provide structured training and employment for young people, providing skills, experience and qualifications to pursue careers in hospilalily and lo achieve sustainable livelihoods. In 2024, support wa8 8180 provided in helping Kick4Life Trust sectjre funding and training for the development of a Gymnasium at the Kick4Life Centre which is scheduled to open in 2025. As well as generating sustainable income for Kick4Life Trust, the enterprise will be accessible for staff of Kick4Life Trust and for hard-lo-reach and vulnerable members of the local community. Developing and launching 8 new InnIng partnership beeen Wrexham AFC and Kick4Life to promote and facilitate cultural exchange, as well as exchange of knowledge and experbse between the organisalions. The twinning builds on a longstanding national Iminning beeen Lesotho and Wales. Working Closely with Kick4Life Trust to Support the development of the Stadium of Life in Lesotho, the first stadium in Africa to be constructed from sustainably sourced timber. Good progress was made throughout 2024. including the conceptualisalion and development of a Biodiversity Stand dedicated to nature. The stadium is du8 to be completed in mid-2025. Fundraising activities During 2024 Kick 4 Life has undertaken the following.. Securing grants and developing partnerships on behalf of Kick4Life Trust for programme aclivilies, as well as helping to manage partnerships and assist with reporting. This included the Laureus Sport for Good Foundation, FIFA Foundation, the British High Commission lo the Kingdom of Lesotho, Common Goal l GIZ, Adidas, the International Olympic Committee and the Commonwealth Foundation. Conducting a Kick4Life A15 Stars Tour to Lesotho in March 2024, which saw 20 fundraisers travel to Lesotho to participate in a range of volunteering activities. Recruitrnent of ndraIserS for the next planned Kick4Life All Stars Tour to Lesotho in 2027. Through Kick4Life Assist we have pmvided training and support to other sport for development organisations Including curriculum development, coach training and social enterprise development support. In 2024 this included working with Cricket Builds Hope in Rwanda and Beyond Sport. Page 2
KICK 4 LIFE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 FINANCIAL REVIEW Introduction Kick4Life is a Charitable Trust registered in the UK in 2005. - The trustees are governed by the Trustee Act 2000 which sets out the general power of investment. Organisational objectives In line with the founding objectives around the global relief of poverty and the preservation and protection of good health, Kick4Life aims to support the good works of Kick4Life Trust, a charity registered in Lesotho, southern Africa. In doing so Kick4Life uses the power of sport to Iransfomi the lives of orphans and vulnerable children in Lesotho. This includes health education and HIV prevention, voSuntary HIV testing. gender rights education life-skills development, mentoring & support towards education and employmenL This support of Kick4Life Trust is manifested in direct financial assistan and support with fundraising, promotion and management and strategic support including Monitoring & Evaluation and Human Resources. Kick4Life's support is focused on capacity-building Kick4Life Trust for the long-temi success of the organisats'on in achieving ils objectives and in achieving growih and financial suslainabilily. Investment objectives & ReseNes strategy In investing the reserves, Ihe charity seeks to produc£ the best financial return within an aCpIable level of risk lo be determined by trustees. The following parameters will guide investment decisions.. 85Yo of the charity's assets should be held in cash, near-cash and low risk investments denominated in Sterling. The majority of these investments should be accessible within a one-month peric*J. The remaining 15¥¢ may be invested in strategic opportunities that support the objectives of the charity and Ihe work it supports in Lesotho. These may be higher risk investments. The charity's cash balances should be deposited with institutions with 8 minimum rating of A- or invested in 8 diversified money market fund. The Charity will aim to identify new and diverse means of generating income lo ensure that current levels of charitable activity can be maintained in the coming years. Management, Reporting & Monitoring The trustees monitor the performance of all investments on a quarterly basis with updates from the Chief Executive. The investment policy will be reviewed on an annual basis at the end-of-year Board meeting with any required changes made in lime for the following year. Reserves policy The charity's policy on reserves is compliant with those of the Charity Commission. Kick4Life's long-term goal is to achieve reserves that amount lo six months fixed overheads in the UK to consolidate and strengthen the organisalion for ils long-lerm success and stability. The charity also aims to hold reserves that represent six months fixed overheads of Kick4Life Trust to strengthen the financial position of our partner organisation and to provide financial assistance if required. The trustees set annual targets for increasing reserves towards target levels and review progress against these targets on a regular basis. They also review Ihe reseNes policy on an annual basis al the end of year board meeting in Demberwhen the budget for Ihe following year is set. Financial review The Trustees are satisfied with the charity's incoming resources of £178,665. which includes investment income of £16,046, and out-going expenditure of £271,769 and the gain on investments of £2,445. A total of £125,252 was transferred to our charity partners Kick4Life Trust in Lesotho with restricted funding of £56,348 carried over from the Denise Coates Foundation to be utilised for the ongoing development of the Stadium of Life facility in Lesotho. The charity's surplus of unrestricted funds was increased with grants and fundraising activities secured and undertaken throughout the year, slrenglhening the charity's position to Continue achieving its objectives. FUTURE DEVELOPMENTS Kick 4 Life is aiming lo ntinUe its support of Kick 4 Life Trust's work with vulnerable children and young people in Lesotho, and to support the long-temi sustainability and social impact of Kick 4 Life TrLJsI. This includes strengthening and improving community programme delivery, the continued development of the Kick4Life Centre and helping to Stng1hen the financial the organizational sustainability of lQck 4 Life Trust through the effective running 8nd development of its social enterprises. Page 3
KICK 4 LIFE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 STRUCTURE. GOVERNANCE AND MANAGEMENT Governlng document The charity is controlled by ils governing document, a deed of trust and constitutes an unincorporated charity. Recrultment and appolntment of new trustees The Trust Deed provides for a minimum of 3 Trustees. Were there a requirement for additional Trustees, thes8 would identified and appointed by the existing Trustees. New Trustees will be given a formal induction program which involves awareness of a trustee's responsibilities, the governance document, adminislralive pr0dUreS, the history and philosophical approach of the charity. A new Trustee would receive a copy of the previous yeals Annual Report and Accounts. Risk management The trustees have 8 duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. The Trustees review the risks that the charity faces on an ongoing basis and ensure that efficient controls are in place to minimise these. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1112133 Principal address 16 Park Avenue Little Paxton Cambridgeshire PE19 6PB Trustees D M Light B S Fishlock A Oswald N Ward A Vlhillaker-Brown J C Moryan J Meggison-Hill (resigned 31.7.241 Independent Examlner Langdowns DFK Chartered Accountants Fleming Court Leigh Road Eastleigh Southampton Hampshire S050 9PD Approved by order of the board of trustees on 18 June 2025 and signed on its behalf by.. B S Fishlock- Trustee Page 4
KICK 4 LIFE STATEMENT OF TRUSTEES, RESPONSIBILITIES FOR THE YEAR ENDED 31 DECEMBER 2024 The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordan with applicable law and United Kingdom AOUntIng Standards {United Kingdom Generally Accepted Accounting Practice). The law applicable lo charities in England and Wales, the Charities Act 2011, Charity {Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the Iruslees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of reSoUrs, including the income and expenditure. of the charity for that period. In preparing those financial slalements, the Iruslees are required to select suitable accounting policies and then apply them consistently., observe the methods and principles in the Charily SORP., make judgements and eslimales that are reasonable 8nd prudent., prepare the financial statements on Ihe going concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Acl 2011, the Charity {Accounts and Reports) Regulations 2008 and the provisions of the Itust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Page 5
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF KICK 4 LIFE Independent Èxamlnerfs reportto the trustèes of Klck 4 Llfe I report to the charity trustees on my examination of the accounts of Kick 4 Life (the Trust} for the year ended 31 December 2024. Responslbilities and basis of report As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordan with the requirements of the Charities Act 20111'the Act,) I report in respect of my examination of the Trusf s accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 14515llb) of the Act. Independent examlnerfs statement I have completed my examination. I confirm that no material mallers have come to my attention in connection with the examination giving me cause to believ8 that in any material respect.. a¢counling records were not kept in respeLt of the Trust as required by Section 130 of the Act., or the accounts do not accord with those records,. or the accounts do not comply with the applicable requirements concerning the form and content of accounts sel out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give true and fair view which is not a matter considered as part of an independent examination. I have no concerns and have com& 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. Mrs L A Parry ACA Langdowns DFK Chartered Accountants Fleming Court Leigh Road Eastleigh Southampton Hampshire S050 9PD Date.. Page 6
KICK 4 LIFE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 2024 Total funds 2023 Total funds Unrestricted fund Reslficted funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 35,402 35,402 37,303 Charltable actlvltles Social change programs for vulnerable young people 77,216 50,000 127,216 141,912 Investment income 16,047 16,047 15,973 Total 128,665 50,000 178,665 195,188 EXPENDITURE ON Raising funds Raising donations and legacies 26,590 26,590 21,336 26,590 26,590 21,336 Charitable activities Social change programs for vulnerable young people 59,708 185,471 245,179 239,118 Total 86,298 185,471 271,769 260,454 Net gains on investments 2,445 2,445 434 NET INCOMEIIEXPENDITUREI 44,812 1135,471) (90,6591 (64,8321 RECONCILIATION OF FUNDS Total funds brought forward 399,085 191,819 590,904 655,736 TOTAL FUNDS CARRIED FORWARD 443,897 56,348 500,245 590.904 The notes form part of these financial statements Page 7
KICK 4 LIFE BALANCE SHEET 31 DECEMBER 2024 2024 Total funds 2023 Total fiJnds Unrestricted fund Reslricled funds Notes FIXED ASSETS Tangible assets 11 239 239 479 CURRENT ASSETS Debtors Investments Cash at bank 12 13 4,565 58,071 387,678 4,565 58,071 444,026 6,088 55,626 534,757 56,348 450,314 56,348 506,662 596.471 CREDITORS Amounts falling due within one year 14 (6,656) {6,656) 16,046) NET CURRENT ASSETS 443,658 56,348 500.006 590.425 TOTAL ASSETS LESS CURRENT LIABILITIES 443,897 56,348 500,245 590,904 NET ASSETS 443,897 56.348 500,245 590,904 FUNDS Unrestricted funds Restricted fiJnds 15 443,897 56,348 399,085 191,819 TOTAL FUNDS 500,245 590,904 The financial statements were approved by the Board of Trustees and aulhorised for issue on 18 June 2025 and were signed on ils behalf by.. O M Light- Trustee B S Fishlock- Trustee The notes form part of these financial statements Page 8
KICK 4 LIFE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 ACCOUNTING POLICIES Basis of preparing the financlal statements The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordan with the Charities SORP IFRS 102) 'Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordan with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 1021 leffeclive 1 January 2019),, Financial Reporbng Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Charities Act 2011. The financial statements have been prepared under the historieal cost convention. The Irustees consider Iheff are no material uncertainties about the Charity's ability to continue as a going concern. The most significant are of eslimalion and judgement is that of securing grant funding and donations and the trustees have no COnrnS that this flow of income will not continue. The financial statements are prepared in sterling, which is the fiJn¢tional currency of the charity. Monet8ry amounts in these financial statements are rounded to the nearest £. Financial reportlng standard 102 - reduced dl$¢losure exemptlons The charity has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland,: Ihe requirements of Section 7 Statement of Cash Flows. Income All income is recognised in the Statement of Financial Activities once the charity has enlillement to the funds, it 18 probable that the income will be received and the amount can be measured reliably. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of Ihe donation, unless perf0rrnan conditions require deferral of the amount. Income tax recoverable in relation to donations reiVed under Gift Aid or deeds of covenant is recognised at the lime of the donation. Legacies are recognised on receipt or othetrwise if Ihe charity has been notified of an impending dislribulion, Ihe amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset. Grants are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that the grant is subject to conditions that require alevel of performance before the charity is entitled to the funds, Ihe income is deferred and not recognised until those conditions are fully met. or the fttlfilment of th05 conditions will be fulfilled in the reporting period. Consultancy income is the valLJe of services provided. Income 18 recognised on a perntage degree of completion basis calculated by reference lo the time expended compared to the anticipated time. Interest on fvnds held on deposit is induded when receivable and the amount can be measured reliably by the charity.. this is normally upon notification of the interest paid or payable. Expenditure Liabilities are recognised 8s expenditure 8s soon as there is a legal or constructive obligation (x)mmitting 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 resour$. Tangible fixed assets Depreciation is prowded at the following annual rates in order lo write off each asset over ils estimated useful life. Plant and machinery Computer equipment 200/0 straight line 330h straight line All fixed assets are initially rewrded at cost. Taxatlon The charity is exempt from lax on its charitable activities. Page 9 continued...
KICK 4 LIFE NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2024 ACCOUNTING POLICIES- contlnued Fund a¢¢ounting Unrestricted fvnds can be used in accordance with the charitable objectives al 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 fvlnds are raised for parbcular reslricled purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Forelgn ¢urren¢les Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance 8heel dale. Transactions in foreign currencies are translated into sterling at the rale of exchange ruling al the date of transaction. Exchange dIfferenS are taken into account in arriving al the operating result. Hire purchase and leasing commitments Rentals paid under operating leases are charged to the Statement of Financial Actimlies on a straight lin8 basis over the period of the lease. Pension costs and other post-retirement benefits The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged lo the Statement of Finanaal A¢livilies in the period lo which they relate. Impalnnent of flxed assets At each reporting end date, the charity reviews the Carrying amounts of ils tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held al call with banks, other short-temi liquid investments with original maturitieg of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in Current liabilities. Flnanclal Instruments The charity has elected to apply the promsions of Section 11 'Basic Financial Instruments, and Section 12 '0ther Financial Instruments Issues, of FRS102 to all of its financial instruments. Financial instruments are recognised in the charity's balance sheet when the charily becomes party to the contractual promsions of the inslrumenl. Financial assets and liabilities are offset, with the net amounts presented in the finanoal statements, when there is a legally enforable right to set off the recognised amounts and there is an intention to settle on a nel basis or to realise the asset and settle the liability simultaneously. Ba51c financial assets Basic financial assets, which include debtors and cash and bank balans, initially measured at transaction pri including transaction costs and subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified a5 receivable within one year or not amortised. Basic financial liabilities Basic financial liabilities. inclLfding creditors and bank loans are initially recognised al transaction price unless the arrangement conslilutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rale of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective Interest rate method. Trade creditors are obligations to pay for goods most seNices that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not. they are presented as non-current liabilities. Trade creditors are recognised initially al transaction price And subsequently measured at amortised cost using the effective interest rate. Page 10 continued...
KICK 4 LIFE NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024 ACCOUNTING POLICIES - continued Employee benefits The cost of any unused holiday enlillement is recognised in the period in which the employee's services are received. Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits. DONATIONS AND LEGACIES 2024 Total funds 2023 Total funds Unrestricted funds Restricted funds Donations 35,402 35,402 37,303 INVESTMENT INCOME 2024 Totsl funds 2023 Total funds Unrestricted funds Reslri¢ied funds Deposit account interest 16,047 16,047 15,973 INCOME FROM CHARITABLE ACTIVITIES 2024 2023 Activity Social change programs for vulnerable yokjng people Social change programs for vulnerable young people Consullancy 5.000 15,534 Grants 122,216 126.378 127,216 141,912 Grants received, included in the above, are as follows.. 2024 2023 Common Goal Marr-munning Trust Forest Stewardship Council Coaches Across Continents Laureus Sport for Good Foundation UEFA Foundation Unrestricted fvnds 6,610 10,000 63,153 3,750 21,464 21.401 60,000 72,216 122,216 126,378 Page11 continued...
KICK 4 LIFE NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31 DECEMBER 2024 RAISING DONATIONS AND LEGACIES 2024 Total funds 2023 Total nds Unrestricted funds Restricted funds Staff costs Trustees, expenses Seeking donations, grants and legacies Staging fundraising events Travel and subsisten Advertising Other fundraising costs Depreciation 14.860 418 562 507 9,319 47 637 240 14,860 418 562 507 9,319 47 637 240 14,273 562 746 4,428 77 356 894 26,590 26,590 21,336 CHARITABLE ACTIVITIES COSTS Suppori costs (see note 71 Direct Costs Totals Soci81 change programs frir vulnerable young people 215,739 29,440 245,179 SUPPORT COSTS Governance costs Management Totals Social change programs for vulnerable young people 20,101 9,339 29,440 2024 2023 Independent examinerfs fees Payroll fees Other fees 2,520 570 2,580 2,420 550 2,430 5,670 5,400 Support costs, included in the above, are as follows.. Management 2024 Social change programs for vulnerable young People 2023 Total activities Wages Social security Pensions Other office costs Travel and subsisten 9,436 81 755 561 1,134 9,492 131 795 213 369 Carried forward 11,967 11,000 Page 12 continued...
KICK 4 LIFE NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 31 DECEMBER 2024 SUPPORT COSTS- contlnued Management - continued 2024 Social change programs for vulnerable young people 2023 Total activities Brought forward Insuran Telecommunications and website Postage and slalionery Bank charges Medical costs 11,967 1,392 6.060 220 257 205 11,000 1.256 6,787 788 258 150 20,101 20,239 Governance costs 2024 Social change programs for vulnerable young people 2023 Total activities Wages Social security Pensions Independent Examinevs fee 3,370 29 270 5.670 3,164 44 265 5,400 9,339 8,873 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 Dember 2024 nor for the year ended 31 December 2023. Trustees, expenses 2024 2023 Trustees, expenses 418 Travel costs and disbursements amounting to £41812023- £NILI were reimbursed to 1 trustee {2023- 0) Page 13 continued...
KICK 4 LIFE NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31 DECEMBER 2024 STAFF COSTS 2024 2023 Wages and sa18ries Social Security costs Other pension costs 67,402 576 9.247 63,278 872 9,156 77,225 73,306 The average monthly number of employees during the year was as follows.. 2024 2023 Fundraising, management and support The number of employees whose employee benefits lexduding employer pension costs) exceeded £60,000 was.. 2024 2023 £60,000- £70,000 Pension costs are allo>ed between raising funds, charitable expenses Irestricled and unrestricted) and support costs based on the proportion of lime spent on those activities. 10. COMPARATIVES FOR THE STATEMENT OF FINANCIALACTIVITIES Unreslricled fund Restricted funds Total nds INCOME AND ENDOWMENTS FROM Donations and legacies 37.303 37,303 Charltable activitie5 Social change programs for vulnerable young people 15,534 126,378 141,912 Investment income 15,973 15,973 Total 68,810 126,378 195,188 EXPENDITURE ON Raising funds Raising donations and legacies 21,336 21.336 21,336 21,336 Charltable a¢tlvitles Social change programs for vulnerable young people 44,053 195.065 239,118 Total 65,389 195,065 260,454 Net gains on investments 434 434 NET INCOMEI{EXPENDITUREI 3,855 168.687) {64,832) RECONCILIATION OF FUNDS Total funds brought foward 395,230 260,506 655,736 Page 14 continued...
KICK 4 LIFE NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024 10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - ¢ontlnued Unrestricted fund Restricted funds Total funds TOTAL FUNDS CARRIED FORWARD 399,085 191,819 590,904 11. TANGIBLE FIXED ASSETS Plant and machinery Computer equipment Totals COST Al 1 January 2024 and 31 December 2024 1,111 1,098 2,209 DEPRECIATION At 1 January 2024 Charge for year 1,111 619 240 1,730 240 At 31 Dember 2024 ,111 859 1,970 NET BOOKVALUE At 31 December 2024 239 239 At 31 Dember 2023 479 479 12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 other debtors Prepayments 753 3,812 2,423 3,665 4,565 6,088 13. CURRENT ASSET INVESTMENTS 2024 2023 Charity investment fund 58,071 55,626 14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Taxation and soaal security other creditors 1,038 5,618 646 5,400 6,656 6,046 Page 15 continued...
KICK 4 LIFE NOTES TO THE FINANCIAL STATEMENTS- Contlnued FOR THE YEAR ENDED 31 DECEMBER 2024 15. MOVEMENT IN FUNDS Net movement in fvnds At 31.12.24 At1.1.24 Unrestrlcted funds General fvnd 399,085 44,812 443,897 Restricted funds Denise Coale8 Foundation Forest Stewardship Council 128,930 62,889 172,5821 (62,889} 56,348 191,819 (135,4711 56,348 TOTAL FUNDS 590,904 190,6591 500,245 Net movement in funds, included in the above are as follows.. Incoming resources Resources expended Gains and losses Movement in funds Unrestricted funds General fund 128,665 186,2981 2,445 44,812 Restrlcted funds Denise Coates Foundation Forest Stewardship Council Marr-munning Trust (72,5821 (62,8891 (50,0001 172,582) 162,889} 50,000 50,000 1185,4711 {135,471 > TOTAL FUNDS 178,665 1271,7691 2N45 190,659) Comparatlves for movement In funds Net movement in funds At 31.12.23 At1.1.23 Unrestricted funds General fund 395,230 3,855 399,085 Restricted funds UEFA Foundation Denise Coates Foundation Forest Stewardship Council 10,506 250,000 110,5061 1121,0701 62,889 128,930 62,889 260,506 {68,687) 191,819 TOTAL FUNDS 655.736 {64,832) 590.904 Page 16 nlinued...
KICK 4 LIFE NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 31 DECEMBER 2024 15. MOVEMENT IN FUNDS - continued Comparative net movement in funds, included in the above are as follows.. Incoming resources ReSoUrS expended Gains and losses Movement in funds Unrestricted funds General fund 68,810 {65,389) 434 3,855 Restrlcted funds UEFA Foundalion StetfOotba1SWor1d Denise Coates Foundation Laureus Sport for Good Foundation Coaches Across Continents Forest stewardship Council Marr-munning TNst 21,401 6,610 {31,g07) (6,6101 (121,070) (21,4651 (3,7501 12631 (10,0001 (10,5061 {121,0701 21,465 3,750 63,152 10,000 62,889 126.378 {195.065) {68.6871 TOTAL FUNDS 195,188 1260,454) 434 {64,8321 A cur nt year 12 months and prior year 12 months combined posltion is as follows.. Net movement in funds At 31.12.24 At1.1.23 Unrestricted funds General fund 395,230 48,667 443,897 Restrlcted funds UEFA Foundation Denise Coales Foundation 10,506 250,000 {10.5061 (193,6521 56,348 260,506 {204,158) 56,348 TOTAL FUNDS 655.736 {155.491) 500,245 A current year 12 months 8nd prior year 12 months combined nel movement in funds, included in the above are as follows.. Incoming resourc8s Resour8 expended Gains and losses Movement in funds Unrestrlcted funds General fund 197,475 {151,6871 2,879 48,667 Restrlcted funds UEFA Foundation Slreelfootballworld Denise Coates Foundation Laureus Sport for Good Foundation Coaches Across Continents Forest Stewardship Council Marr-munning Trust 21,401 6,610 131,9071 {6,6101 {193,6521 121,4651 {3,7501 163.1521 160,0001 {10,506) {193,652} 21.465 3,750 63,152 60,000 176,378 (380,536) 1204,1581 TOTAL FUNDS 373,853 1532,223) 2,879 1155,4911 Page 17 o)nlinued...
KICK 4 LIFE NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 31 DECEMBER 2024 16. RELATED PARTY DISCLOSURES During Ihe year the charity entered into the following transactions with related parties.. Kick 4 Life Trust The charity has a dose working relationship with Kick 4 Life Trust which is a charity based in Lesotho. Under an agreement with the I0 entities Kick 4 Life is obliged to provide support to Kick 4 Life Trust in the development of strategies, projects, targets abd budgets, to raise funds and raise the International profile of Kick 4 Life Trust and the awareness of the HIVIAIDS crisis in Lesotho, to assist with monitoring and evaluation, and to provide technical support. Under the agreement Kick 4 Life Trust is obliged to work closely with Kick 4 Life on strategies, projects, targets and budgets, lo assist with fvndraising applications, lo use fvnds raised by Kick 4 Life as agreed, and to provide financial and operational reports. In 2024 grant funding of £125,235 was transferred to Kick 4 Life Trust (2023.. 135,000) Kick 4 Life USA During the year the charity has worked closely with Kick 4 Life USA a sister charity registered in USA which also supports the work of Kick 4 Life Twst in Le80tho. Mr P Flemin Mr P Fleming is the joint CEO of the charity. The charity paid pension contributions of £3,855 for Mr P Fleming12023'. £3,855). Mr S Flemin Mr S Fleming is the joint CEO of the charity and a Trustee of ck 4 Life Trust. During the year the charity paid a salary of £67,402, pensions £5,392 and medical costs of £205 to Mr S Fleming 12023.. Salary £63,277, pension £5,301, medical costs £1501. During the year the Charity paid £Nil {2023'.£217) for the purchase of the book Radical Football written by Mr S Fleming for both onward sale and free of charge promotional distribution. During the year the charity reimbursed Mr S Fleming £45.237 for expenditu incurred on behalf of the charity 12023.. £8,885). The balan owing to Mr S Fleming at the year end was £212023.. £1,535 owing to the charity). Donations Donations received from trustees and related parties wilhoul conditions amounted lo £590. 17. RESTRICTED FUNDS Denise Coales Foundation Restricted grant funding received to be expensed on developing the Stadium of Life project in Lesotho with built-in health facilities, inlegraled nature, a cultural hub and dedirAted spaces for Sport for Developmenl aclivilies. Marr-munnin Trust Funds expended on and restricted to supporting the work of Kick 4 Life Trust in Lesotho. UEFA Foundation for Children Funds expended on and restricted to delivery of sport for development activities in Lesotho. This was focused on health education including HIV prevention, hygiene & sanilalion, nulrilion, sexual & reproductive health, mental he811h and aCsS to health seNices. There is also a focus on promotion of gender equality and life-skills development. streetfoolballworld Funds expended on d81ivery of the Social Enterprise Assist project to support Football for Good organisations around the world to improve their financial stability through social enterprise income generation. Laureus S rt for Good Foundation Funds expended on and reslricled lo delivery of sport for development activities in Lesotho. This was focused on health education including HIV prevention, hygiene and sanilalion, nutritionlsexual & reproductive hea51h, mental health and access lo health services. There is also a focus on promotion of gender equalily and life-skills development. Page 18 ntinued...
KICK 4 LIFE NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024 17. RESTRICTED FUNDS- continued Coaches Across Continents Funds expended on and restricted to supporting the work of Kick 4 Life Trust in Lesotho. Forest Stewardshi Council Funds expended on the sponsorship of the stadium of Life for the purposes of construction and development of the stadium. Page 19
KICK4 LIFE DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2023 INCOME AND ENDOWMENTS Donations and legacies Donations 35,402 37,303 Investment income Deposit account interest 16,047 15,973 Charitable activities Consultancy Grants 5,000 122,216 15,534 126,378 127,216 141,912 Total Incomlng resources 178,665 195,188 EXPENDITURE Raising donations and legacies Trustees, expenses Wages Social security Pensions Seeking donations, grants and legacies Staging fundraising events Travel and subsistence Advertising Other fundraising costs Depreciation of tangible fixed assets 418 10,110 86 4,664 562 507 9.319 47 637 240 9,492 131 4,650 562 746 4,428 77 356 894 26,590 21,336 Charitable activltles Wages Social security Pensions Travel and subsisten other charitable costs Funding to Kick 4 Life Trust Fees for charitable activities 44,485 380 3,559 29,714 786 125,235 11,580 41,130 566 3,446 1,699 21,877 135,000 6,288 215,739 210,006 Support ¢o$ts Management Wages Social security Pensions Other office costs Travel and subsistence Insurance Telecommunications and website Postage and stationery Carried foward 9,436 81 755 661 1,134 1,392 6,060 220 19,639 9,492 131 795 213 369 1,256 6,787 788 19,831 This page does not form part of the statutory financial statements Page 20
KICK 4 LIFE DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2023 Management Brought fotrward Bank charges Medical costs 19,639 257 205 19,831 258 150 20,101 20,239 Governance co$t$ Wages Social security Pensions Independent Examiners fee 3,370 29 270 5,670 3,164 44 265 5,400 9,339 8,873 Total resources expended 271,769 260,454 Net expenditure before galns and losses {93.104) 165,266} Realised recognlsed gains and losses Realised gainslllosses) on fixed asset investments 2,445 434 Net expenditure (90.659) (eA,8321 This page does not form part of the statutory financial statements Page 21