2023-12-31-accounts

Charity registration number 1117768 Company reglstration number 05930465 (England and Wales) Huddersfield Giants Community Trust Ltd Annual Report and Financial Statements For the year ended 31 December 2023

Huddersfield Giants Community Trust Ltd Contents Page Trustee5' report Independent auditor's ￿port 10- 13 Statement of financial activities 14-15 Balance sheet 16 Statement of cash flows 17 Notes to the financial statements 18-37

Huddersfield Giants Community Trust Ltd Trustees. report (including dirertors. report) For the year ended 31 December 2023 The trustees who are also dirertors of the charity for the purposes of the Companies Act 2006, present their report with the financial Statements of the charity for the year ended 31 Decernber 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Prartice applicable to charitres preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102} (effective l Jènuary 20191. The Trustees report includes reqU1￿ments of the D1￿CtorS, report as required by company law. Objertives and activities Huddersfield Giants Community Trust- Actlvely Inspiring People The principal activity of the trust is the provision of a community facility to promote sport, education, health & wellbeing, play, and exercise while having fijnl HGcf is a registered Charity (11177681. It is the biggest affiliated trust attached to a Rugby League club, The Huddersfield Giants Super League club. The trust strives to be a secure, widely celebrated, and inclusive charity supporting the club on its mission to be a top-tier super league team. The trust uses the power of sport to inspire people of all ages and abilities through 4 key areas.. Sport, Education, Health & Social Inclusion. HGcf is also known as The Zone - Where Play Happens! We have the ability tts engage people. improve community cohesion, improve fitness and well-being, and raise the hopes and aspirations (>f the people of Kirklees and the wider area. Ultimately, we want to be seen as an organisation that ￿mOveS all obstacles to indusion. Our objertives are to promote any charitable purpose for the general benefit of the community and, in particular those living and working within a twenty mile radius of Stadium Way, Huddersfield, West Yorkshire and without prejudice to the generality of foregoing= To relieve poverty, old age. disablernent and economic deprivation within the community. To advance education, including social, physical and vocational training the provision of training for unemployed persons and adult education within the community. To pmvide or assist in the provision, in the interests of social welfare, of facilities for recreation ènd other leisure time occupation for those within the community who have a special need of such To promote the health of the community by the provision of facFlities for playing football rugby league and other healthy sports. To promote good citizenship within the community, and To promote harmony between persons of different ethnic and cultural backgrounds within the community. Huddersfield Giants Community Trust (HGCTI is committed to its mission of engagin9, inspiring, and positively irnpacting the local comrnunity through sport, health, education, and inclusion initiatives. The rollowing section5 detail our aims, objectives. strategies, and the artivities undertaken during the reporting period. Through ciur initiatives, HGcf aims to make a tangible difference by improving health outcomes, increasing access to educational resources and strengthening community cohesion. How Achievement of Aims Furthers Legal Purposes The successful delivery of our programs furthers our charitable purposes by.. Promoting public health, which aligns with our health and well-being objertives. Advancing education for all, particulady young people in need. strengthening ctsmmunity integration, thereby reducing inequalities. Our legal purpose is grounded in the advancement of health, education, and social welfare for publi benefit, and all of our artivities reflect this commitment.

Huddersfield Giants Community Trust Ltd Trustees, report (including directors. report) (continued) For the year ended 31 December 2023 strategies for Achieving Aims To achieve our stated objectives, HGCT employs the following strategies.. Collaborating with local schools, businesses. and cornmunity oryanisations to deliver wide- reaching programs. Continuous monitoring and evaluation of programs to ensure their effertiveness and relevance. Diversifying our funding sources. including grants. sponsorships, and partnerships. to ensure sustainability- Criterla for Measuring Success We measure success through.. Quantitative data, such as the number of beneficiaries reached, the frequency of program participation, and educational achievements. Qualitative feedback from participants, commltnity members, and partners, which allows us to assess the social impact of our work. Regular assessments against our Operational Plan which is actioned quartery, ensuring that we rernèin aligned wtth our charitable mission. Significant Activitles Undertaken During the reporting period. HGCT implemented several significant actÈvities that directly contributed to our aims.. Health and Well-being Programs.. Regular physical activity sessions for children, adults, and vulnerable groups aimed at improving fitness levels and mental health. Educational Support.. Our outreach programs in local schools provided academic and vocational support to over 500 Students, contributing to better educational outcornes. Comrnunity Engagement Projerts.. Through our inclusive sports programs, we fostered participation among underrepresented groups, promoting social inclusion and cohesion. These activlties align with our goals of promoting health, education, and inclusion. and their successful delivery rnarks a significant step in fulfilling HGCT'S charitable objettives. In the short term, HGCT aims to increase participation in our health and well-being programs by 20% over the next year and expand educational outreach to an additiona5 10 5choo15 in the local community, while accessing funding to support inclusion, ensuring we support our Multi-sensory Zone and reach out to the community with a new offer for chIld￿n and adults with special edLocational needs and disabilities. In the long term, HGCT seeks to establish itself as a regional leader in community-based health and education services, with a vision to reach over 10.000 beneficiaries annually and create sustainable, long- lasting social irnpact by 2030. We have a vision of how we would like the future to look within Kirklees and the surrounding communities. Our vision continues to be that NO child leaves school obese and all young people confidently participate in sport & physical attivity. which supports them to lead healthy and active lifestyles. Not only do we provide facilities for play, cheerleading, gymnastics ènd sport within our premises at The Zone, but we also aim to offer a successful community outreach program utilising sports and The Zone as the vehicles for inclusion across 311 underserved communities in Huddersfield and the bordering region5. A sample of some of the programrnes offered in 2023 includes.. School Partnership Programme to deliver engaging sporting sessions to schools. School Holiday Sport5 Catnps, providing artive and engaging school holiday sessions in the Zone. Senior Touch Rugby, Walking Football & Over 50's Cricket. Cheer classes and competition entry. Provision of a Dementia Cafe. Delivery of an anti-knife crime programme in schools.

Huddersfield Giants Community Trust Ltd Trustees. report (including dirertors. report) (continued) For the year ended 31 December 2023 It is important that the trust continues to build strong and positjve relationships with all partners, other organisations, and groups across the region to facilitate these programmes, but also to sustsin a successful funding and support strategy. Funds obtained in 2023 include the following- Funding RFL - £8,000 to deliver rugby sessions & work with ambassador clubs. One Community Foundation £5,000 awarded in 2023 for Knife Crime Assemblies. Million Dollar Round Table £3,486 awarded in 2023 for supporting delivery in deprived areas & equipment. Coffeesafe £2,250 awarded in 2023 for supt)orting delivery in the Zone for children in disadvantaged area5. One Comrnunity Foundation £9.788 awarded in 2023 for a SafePlace in the Zone, however this funding has been deferred into the next financial year due tts the lateness in communication to organise a December start. The completed date of fund wès March 2024. The trust also continues to build on its high-quality rugby pathways for young people and relationships with amateur cornmunity club partner5. In 2023. this work has contributed to the development of a successful women's Super League team. This is the last year that the Women's SL team and the Under 19s team will be with the trust. Due to the criteria of the RFL, the board of trustees felt that it should belong with the Club. Our Chair met with the board at Huddersfield Giants to discu55 afid it was ag￿ed that from December 2023, this would take place. The trust also deliver education to year 12s and 13s based on 5POrts CoU￿eS for school leavers. Predominantly rugby/coaching-based Level 3 BTEC, we also provide students with the opportunity for further study. In December 2022 we were given the news that the EFLT had lost the funding contrart for 2023 with NCS Trust and that another provider had been given all fund5 to work alongside delivery partners. We were advised that we would have to tender for the contract in February 2023. The fund5 were cut drarnatically and that it soon became clear that we would have to work in partnership with other organisations in West Yorkshire. HTAFC, Wakefield Council, Kirklees Council and our selves joined partnership and submitted our tender. After numerous meetings and consultations, it was decided by Wakefield Council it would not be financially viable, so they pulled out of the tender, which then led all partners to revoke interest. The Zone- Where Play Happensl The Zone is an indoor venue located close to Huddersfield Towfi Centre. It is Yorkshire's largest indoor soft play gym for children up to 12 years old. We provide a variety of opportunities for the community. Indoor pitch hire is designed for 5 & 6 a-side, Social bookings. sports training and over 50's activities. We offer numerous birthday packages emphasising on exercise, fitness and fun. Within The Zone, the trust provides facilities to encourage all age groups frorn toddlers to senior citizens to partake in a wide range of physical exercise. Programmes are made available in The Zone for under 5's children and students from schoolslcolleges and individuals of all ages and abilities to be coached in a variety of sports and attivities. The artivities offered within The Zone cater for all-inclusive customers. With links to Huddersfield Giants, The Zone remains a premier place in Kirklees and the surrounding area for indoor sport and children's activities. When planning the activities for the period the trLtStees have considered the Charity Commission guidante on public benefit, and in particular. the specific guidance for Charities on the Advancetnent of Education for Public Benefit and Fee-charging. The trustees strive for continuous improvernent to ensure that it is a dynamtc, forward thinking community twst.

Huddersfield Giants Community Trust Ltd Trustees. report (including directors. report) (continued) For the year ended 31 December 2023 Achievements aThd performance Significant activitie5 and achievements against objectsves Kids, play & sports zone The facilities at The Zone were used by members of the public ènd in particular the Play Zone, where some 2,ooa children can visit each month. The intention is to inspire these children to take part when they are older in regular football, rugby. cheerleading/gym and all the multi sports coaching Sessions we provide. Over 650 children's parties were hosted in 2023, engaging thousands of children, in a fun and active way. Pitch hire continued to be the largest incorne stream for The Zone. with over 70 hours of pitch hire per week. Kixx continued lo deliver the Saturday soccer mornings. This is for children aged between 5 & 12 years, offering a great environment for children to leam basic football skills and fundamental skills. while meeting other chIld￿n of the same age and having fun. Multisports Coaching rugby league, multisports, gymnastics, cheerleading and football has continued in schools wherever possible. This has however, become more challenging due to the number of altemative local providers and school budgets being squeezed. Dance The cheerleading and gymnastics sessions continued to be well supported and have continued to grow throughout 2023. At the end of 2023 the trust had 275 members. It now has 312 member5, some of which attend multiple sessions per week. Attendance at competitions has increased with several team wins during the year. We are looking at taking a team to an intemational competition FLJture Cheer in Amsterdam. Enquiries and sign-ups are received on a weekly basis, with the trust exploring how the sport can be expanded further. Fundraising Throughout the year the trust has engaged in fundraising events to help rnise valuable funds to support the work of the trust. In 2023 fundraising was organised 'in-house' with limited targets set and no use of professional fundraisers. Best practice guidance as set by the funding regulator was followed and there were no ctsrnplaints received by the charity. The Giant Howarth sleepover 2 was a notable success providing a powerful insight of what it is like to spend a night outdoors and raising more awareness of the trust. It is hoped that this will now become an annual event and that we will double our funds year Dn year. Education The Education department has again seen a decline in student numbers with only 6 sttjdents enrtslled onto the first year and 14 second year students. The board are aware and have put a plan of action together so that we end all delivery in lune 2024. However, outcome5 in the departrnent were strong with students achieving 100% pass tste. Princ5pal rlsks and uncertainties The main risks and uncertainties identified a￿ health and safety failings and building failures. There is an ènnual Health and Safety review and an annual risk assessment review condutted by the Operations Manager. The insurance policy for HGCT is reviewed annually by our insurance broker. Trustees and senior management are always on the lookout for potential new income streams to ensure we can maintain delivery of the existing programmes and potentially add new programmes also. The trustees are conscious of cash flow risk, however this continues to be mitigated by the rent waiver and ongoing support from the trtjst's landlord. The trustees are satisfied that adequate assessments are conducted by senior management to identify risks and such risks are ￿pOrted to the Board.

Huddersfield Giants Community Trust Ltd Trustees. report (including directors. report) (continued) For the year ended 31 December 2023 Financial review The principal funding sources during the year We￿ contracts. grants. donatTons and income from activities for generating funds. All income generated by the trust is used to fund the aims of the play area/sports/ trust. During the year the trust's cash flow was considered to be satisfattory but the trustees and senior staff are continually looking at and finding new funding st￿amS. Overall the income for the trust decreased compared to the previous year {£1,447k in 2023 vs £1,515k in 20221. This is mainly due to the ending of the NCS programme ￿SUlting in a loss of £276k turnover. This was largely mitigated by increases across other areas as trading continues to recover from the impact of Covid and management have focu5sed on growth. Zone and café produced £95k and dance produced additionèl takings (>f £52k in 2023. Strong cost control was in place to maintain gross profit margins, though the loss in turnover resulted in a decrease in gross contribution of £73k (£726k in 2023 vs £798k in 20221. Unfortunately, rising energy prices, inc￿Se￿ audit fees and higher cleanin9 costs due to NMW increased support costs in 2023 1£802k vs £741kl. This resulted in a net 1055 of £76k compared to a contribution of £58k in 2022. The Women's SL team have been a stTrin on the trust this year due to the criteria from the RFL changing month to month. It was discussed at board level that the Women s SL team will be a disoJssion with the Club to move over. It was agreed and the team moved over to the Club in December 2023. The multi-sports department is now down to one member of staff mainly running the rugby element of the trust, casual staff are going into schools btjt again this year schools are finding it difficult financially to support delivery from outside providers. Furthermore. the multi-sport5 department includes the Inctsme and costs associated with developing the women's rugby league team. Whilst the team were playing at the highest level in the women's top 6 Super League during the year. it was noted that the cost of funding the team and meeting the necessary RFL requirements was putting significant additional ftnancial p￿SSUre on the department. Increased sponsorship, support and fundraising will be needed in 2024 to continue to support the development of the team. Overall the sports department generated a gross loss of £23k (2022.. £52k}. Dance continued to grow in 2023, with fee Inc￿aseS of 7.5% and an increase in membership and stafffing numbers. We see this as a significant growth moving into 2024. Cheer made a £40k gross contribution in 2023 {£42k 2022). The Zone continued to grow, with increased pricing and tight controls in the café area, and InC￿aSed parties, pitch hire and soft play. Café and 20ne made a E409k gross contribution in 2023 (£347k 20221. Education continued to experience challenges, particulatly in relation to the low nLtmber of students. It was agreed dtjring 2023 to transfer the delivery of education to the remaining students direcdy to Loughborough in 2024. The department made a £3k oross contribution {£6k 20221. The sports department was forecast to be operating at a loss for the first 6 months to give the department head a chance to build the school sport partnership programme back to previous levels and the Head of Community to identify and submit bid5 for new income streams. However, from August onwards stafFing duced from 3 to I, putting pressure delivery. Growth targets for this department have been extended into 2024. The Sports department made a £23k gross loss in 2023 1£52k 2022). The development of the Laund Hill site continued to be fully financed by a loan frorTTr KED Trust. This will be repaid over a vartable period. This is because the loan repayments a￿ to be paid out of monies generated at Laund Hill and will be calculated as a proportion of the incorne generated from usage. This ￿dUCeS any cashflow risk to the trust going forwards. A5 new landlords of Laund Hill Community Club, we have supported the modemisation of the property by updating the pitches and installing a 3G pitch. This development, which reflects our trust's values. significantly enhances the facilities and enèbles Laund Hill Community Club to serve a wider community effertively, promoting greater inclusivity and engagement in local activities. We are working closely with their team, and our CEO, who is a board member, participates in monthly meetings to ensure ongoing collaboration and support.

Huddersfield Giants Community Trust Ltd Trustees. report (including directors. report) (continued) For the year ended 31 December 2023 The tnJstees have agreed that the tnjst should aim to maintain Un￿Strirted reserves of £IOOk. The £IOOk reserves are based on the trustees view that approximately two months salaries is an appropriate target. Unrestrirted funds at the beginning of the year showed a surplus of £129k. These have decreased by 31 December 2023 to a surplus of £49k. The trustees continue to work towards maintaining the sum of £IOOk or more through sourcing new funding streams. expanding on existing ones and identifying more efficient ways of operating. The trustees are confident that the charity is in a good position to continue growth in existing and new areas. Presently, the charity remains reliant on its financial backer. Whilst the reserves in 2023 are below this target. this is considered acceptable as the forecasted growth in 2024 should return reserves back to £IDOk. Included within unrestricted resetves is £982k 12022: E633k} which can only be realised by disposing of tangible fixed assets, leaving a deficit of £933k 12022.. £504kl of unrestricted free reserves. This has increased due to continued investment into the Laund Hill site. Laund Hill is sublet to the Laund Hill Cornm(Jnity Club (LHCC) for a 21 year period. currently 16 years remaining. As part of this sublet HGCT agreed to fund the development of an All-weather pitch that can be used for various sports and made available to the comrnunity- Unfortunately, continued issues with planning consents, plus fulfilling the pitch requirements for the RFL and other issues, have caused the development to nJn significantly over bL5dget, which has also had a significant impact on the unrestricted reserves in 2023. Following the year end the charity has entered into disCU55ions with Jennifer Davy Number 2 Children's Settlement 1997, the landlord of the Laund Hill site, about receiving the amount spent over budget on the Laund Hill development as a donation. Whilst the lender has confirnied its intention to make this donation the amount has yet tts be finalised, at 31 December 2023 the oveTspend was £364,655. Restricted funds will be maintained and accoijnted for in accordance with the appropriate regulations and only used for the purposes for which they are provided. At the end of the year restricted funds, not available for general purposes, total £41k. Total reserves of the trust at the year end are £91k 12022.. E167kl. Plans for future periods To ensure that all current and future visitors to The Zone have equitable access and a positive experience, we are committed to providing appropriate accommodations and artivities tailored to a wide range of physical, sensory, social. and emotional need5. Our objertive is to create a welcomirTrg environment that supports children and young people in exploring and understanding their emotion5 while fostering essential developfflental skills, including self-aWa￿ness, self-regulation, motor skills, and social skills. As part of our ongoing improvements, we are converting one of our party rooms into a quiet room. This space will offer babies, children, and adults a calm area to Ltse before entering the multi-sensory zone, allowing them a moment to adjust to the sensory environment. Prior to the COVID-19 pandemic, we successfully raised funds earniarked for purchasing a minibus. However, thanks to a generou5 donation from Trust Ford, we ￿ceiVed a minibus, eliminating the need for these funds to be allocated toward that purchase. We reached out to BNI, our network of partners who contributed to the minibus fund. and obtained their support to redirert the funds to the multi-sensory zone project. Specifically, these redirected funds will be used to support a part-time staff member over a 12- month period to enhance and expand our Indusion initiatrves within The Zone. To rnaintain strong relationships with Kirklees Council, Everybody Artive and Kirklees Artive Leisure, One Community Foundation, RFL and all networking partners. The trust is actively working alongside these partners to ensure we work collaboratively and get first-hand knowledge of any funding available to supp()rt the community. The skill mix and approp￿ateneSS of the board will tontinue to be assessed in 2024 to ensure cornpliance and value-adding skills and knowledge for the trust. The trustees are aware that due to the srze of the Huddersfield Giants Community Trust premises, there are a signif5cant amount of overhead costs to cover. A review of how the building is occupied/utilised will continue to assess whether the￿ is any further scope for Sub-letting rooms. Purple Dog Training have hired out 3 rooms on the ground floor and are interested in more in the near future.

Huddersfield Giants Community Trust Ltd Trustees. report (including directors. report) (continued) For the year ended 31 December 2023 Our cheerleading sessions have seen a significant increase In participation. Robyn, who leads the cheer department. is now focusing on the competition aspect of her role. Attending competitions will enable us to offer rnore se55ions, and we are hopeful to secure a bid to compete in Amsterdam in 2024. Our goal is to achieve substantial growth in this area. The Giant Howarth Sleepout 3 is Scheduled for October 13th. We aim to ra15e more than double the funds from last year, making this our most successful event yet. Thi5 event will now be an annual tradition. The Ronan Costello Festival, is scheduled to return in June. This festival honours the memory of Ronan Ctsstello, a young player who tragically lost his life playing the game he loved, and aims to raise awareness in hi5 narne. We are collaborating with businesses to support tsur initiatives. enabling us to deliver programs both in The Zone and throughout the comrnunity. Leveraging our team and facilities aligns with and promotes our values and missS0n. Strurturer governance and management Governing document The trust is controlled by its governing document, the Memorandum and Articles of Association and constitutes a limited company limited by guarantee, as defined by the Companies Att 2006. The liability of the members is limited to £10 each. Accumulated funds are not distributed to the members. HGCT remains committed to upholding the highest standards of accountability and tt3nsparency. The report outlines our framework for decision-making, risk management, and compliance with legal requirements. Regular assessments ensure that our governance practices align with the charity's mission and values, ensuring effective stewardship of resources and maintaining tnjst with stakeholders. The trustees are t￿ated as direttors for Companies Art purposes. Organisational strurture The trust is a company limited by guarantee which took over the responsibility for running community schemes, which have now been expanded, previously operated by The Huddersfield Town AFC and Huddersfield Giants Rugby League Club. The initial trustees were drawn from the management of those clubs and the Football League national community scheme. At the end of 2016 Huddersfield Town AFC chose to continue their community wgrk thernselves. The trust continue5 to look to recruit trustees from education, sport, the local authority and other relevant sectors. All the original trustees attended an induction course on their ￿sponsIbIlitIeS and the new ones have experience in charity work. All govemance is carried out on the first day joining the trustees meeting. All major decisions are taken by the trustees however day to day management is under the control of the Chief Executive Officer Lisa Darwin. Our finance manager, Nadine Sharpe, rnanages all financial accounts in close di5CUssion with the CEO & trustees. Trustee5 make deosions on the remuneration of key rnanagement personnel. In addition to the close co-operation with the professional sports club the￿ is a regular contact with the gional manager of the European Football League Tnjst, Rugby Football Lea9ue, departrnents of Kirklees Council, Sport England, West Yorkshire Sports and the local NHS provider.

Huddersfield Giants Community Trust Ltd Trustees. report (including directors. report) (continued) For the year ended 31 December 2023 Recruitment and appointment of trustees Trustees and members have powers within the Articles of A550ciation to ￿cOMMend the appointrnent of new trustees. Risk management The trustees have a duty to identify and review the risk of which the trust is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. Fundraisin9 The trust does not vse professional fvndrnisers or commercial participants to carry out fundraising activities. Reference and admlnlstrative details Registered Company number 0593Q465 (England and Wales} Reglstered Charity number 1117768 Registered office The Zone St Andrews Road Hudder5field HDI 6PT Trustees R L Thewlis (resigned 24.10.2024) T Vink J Whitworth J L Bowers {resigned 6.6.20231 J L Ive50n (resigned 10.9.20241 J Singh Athwal J Bebb N K Nawaz (resigned 8.2.2023} Auditors DJH Audit Limited Chartered Accountants and Statutory Auditors ates Mill Colne Road Huddersfield HDI 3AG Bankers Yorkshire Bank Kingsgate House Kingsgate Bradford BDI 45J Solicitors Ramsdens LLP Oakley House l Hungerford Road Huddersfield HD3 3AL Huddersfield Giants Community Trust is also known as The Zone.

Huddersfield Giants Community Trust Ltd Trustees. report (including directors. report) (continued) For the year ended 31 December 2023 Funds held as custodiaTr for others There are no funds held on behalf of others. Qualifying third party Indemnlty provisrons The charity purchased insurance for liabilities (ncurred by its trustees in carrying out their duties. Statement of trustees. responsibilities The trustees (who are è150 the directors of Huddersfield Giants Community Trust for the purposes or company law} are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accourhting Prartice}. Cornpany law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources ènd application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements. the trustees are req(Jired to: select suitable accounting policies and then apply them consistently: observe the methods and principles in the Charity SORP. make judgements and estimates that are reasonable and prudent- state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements- prepare the financial statements on the going concem basis unless it is inappropriate to p￿SuMe that the charitable company will continue in business. The trustees are responsible for keeping proper accounting records that are sufficient to show and explain the charitable company transactions and which disclose wilh reasonable accuracy at any time the financial position of the charitable company and to enable them to ensu￿ that the financial statements comply with the Companies Art 2006. They are also responsible for safeguarding the assets of the charitable cofflpany and hence for taking reasonable steps for the prevention and detection of fi3ud and other irregularities. Where appropriate, the trustees are responsible for the maintenance and integrity of the corporate and financial infomiation included on the charity's website. In so far as the trustees are aware: there is no relevant audit information of which the charitable company's auditor5 are unaware,. and the trustees have taken all steps that they ought to have tsken to make themselves awa￿ of any relevant audit information and to establish that the auditors are aware of that Information. This report has been p￿pared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. Disclosure of information to auditor Each of the trustees has confirmed that there 15 no infomiation of which they are aware which is relevant to the audit, but of Y4hich the auditor is unaware. They have further confirmed that they have taken appropriate steps to ide￿tify such relevant information and to establish that the auditor is aware of such information. The trustees. report was approved by the Board of Trustees. Mrj in9h Athwal Trustee Date-.

Huddersfield Giants Community Trust Ltd Independent auditor's report To the members of Huddersfield Giants Community Trust Ltd Opinion We have audited the financial Statements of Huddersfield Giants Community Trust Ltd (the 'charitable company.) for the year ended 31 Decernber 2023 which corrkprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Staternent and notes to the financial staternents, including a surnmary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable lav4 and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Prarticel, including Finanoal Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland,. In our opinion the financial statements.. give a true and fair view of the state of the charitable company's affairs as at 31 December 2023 and of its incoming resources and application of resources. including its income and expenditure, for the year then ended,. have been properly prepared in accordance wtth United Kingdom Generally Accepted Accounting Practice- and have been prepared in accordance with the requirements of the Companies Act 2006 along with the provisions applicable to charitable companies subject to the srnall companies regirne. Basis for opinion We conducted our audit in accordance with Intemational Standards on Auditing IUKI IISAS {UKII and applicable law. Our responsibilities under those Standards are further described in the Auditors, responsibilities for the audit of the financial statements sertion of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC'5 Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requiremellts. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going contern In auditir*g the financial statements. we hève concluded that the trustees. use of the going concem basis of accounting In the preparation of the financial statements is appropriate. Based on the work we have perfomed. we have not identified any material uncertainties relating to events or conditions that, individually or collectively. may cast srgnificant doubt on the charitable company's ability to continue as a going concern ft)r a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the ￿SponSibl11t1eS of the trustees with ￿spect to going concem are described in the relevant sertions of this report. Other iTrlormataon The other information comprises the information included in the annual report other than the financial statement5 and our auditor's report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other infomialion and, except to the extent otherwise explicitly ststed in our report. we do not eXP￿S any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such materièl inconsistencies or apparent material misstatements, we are reqUI￿d to determine whether this give5 rise to a material misstatement In the financial statements thernselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to ￿port that fact. We have nothing to report in this regard. io-

Huddersfield Giants Community Trust Ltd Independent auditor's report (continued) To the members of Huddersfield Giants Community Trust Ltd Opinions on other matters prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of our audit.. the information given in the trustees. report for the financial year for which the financial 5taternents are prepared. which includes the director5, report prepared for the purposes of company law, is consistent with the financial statements- and the directors, report included within the tru*ees' report has been prepared in accordan￿ with applicable legal requirements. Matters on which we are required to report by exceptlon In the light of the knowledge and understanding of the and its environment obtsined in the course of the audit, we have not identified material misstatements in the dirertors. report included within the trustees, report. In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstaternents in the Report of the Trustees, which includes the Directors Report. We have nothing to report In respect of the follovling matters Whe￿ the Companies Act 2006 requires us to report to you if, in OLtr opinion= the financial statements a￿ not in agreement with the accounting records and ￿urn5- or rtain disclosures of trustees. remuneration specified by law are not rnade- or we have not received a11 the information and explanations we require for our audit,. or the trustees were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage OF the small companies. exemption in preparing the tnjstees. report and from the reqU1￿ment to prepare a strategic report. the trustees were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies, exemptions in preparing the trustees. report and frorn the requirement to prepare a strategic report. Responslbilities of trustees As explained more fully in the Statement of Trustees, Responsibilities, the trustees (who are also the directors of the charitable company for the purposes of company lawl are responsible fi)r the preparation of the financial statements an(J for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that a free from material misstatement, whether due to fvavd or error. In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, rnatters related to going concem and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable compafty or to cease opetstions, or have no realistic altemative but to do so. li

Huddersfield Giants Community Trust Ltd Independent auditor's report (continued) To the members of Huddersfield Giants Community Trust Ltd Auditor's responsibilities for the audit of the financial statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole ère f￿e from material misstaternent, whether due to fraud or e￿or, and to 155ue an Independent auditors. report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance Y4ith lSAs (UK) will always detect a material misstaternent when it exists. Misstatements can arise from fraud or error and are conside￿￿ Material if, individually or in the ggregate. they could reasonably be experted to influence the economic deosions of Ljsers taken on the basis of these financial statements. Irregularities, including frnud. are instances of non-compliance with laws and regulations. We design procedures in line with our resporksibilities, outlined above, to detert material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below-. As part of designing our audit. we ¢Jetermined materiality and assessed the risk of material misstatement in the financial statements. whether due to fraud or error. and then designed and performed audit procedures responsive to those rtsks. In particular, we looked at Whe￿ the trustees made subjective judgernents such as making assumptions on significant accounting estimates. identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulation5, our planning procedures included.. Gaining an understanding of the entity and its erbvironment including the entity's legal and regulatory framework, any fraud indicators and internal control system via both discussions amongst the engagement team and with the trustees management,. Enquiring of rnan3gement whether there was any known, suspected or alleged fraud,. Evaluating management's incentives and opportunities for fraudulent manipulation of the financial statements including the risk of override of controls,. and The engagement partner ensuring that the engagement team collectively had the appropriate competence, capabilities and ski115 to identify or recognise non-compliance with applicable laws and gulations. Based on our understanding of the charity and its industry, the key laws and regulations we considered included the UK Companies Art, Charities Act (2011) and relevant tax legislation. Audit prO￿dureS performed by the engagement team included but were not limited to: Ev?luating and testing of the operating effertiveness of management's controls designed to prevent and detect irregularities,. Discussing with the management the policies and procedures in place ￿gardIng identifying an(5 complying with laws and regulations and whether they were aware of any instances of non-compliance; Enquiring of management as to actual and potential litigation and claims. Identifying and testing joumal entrtes- Review of meeting minutes.. Agreeing financial statement disclosures to underlying supporting documentation- Designing audit procedures to incorpornte unpredictability around the nature, timing or extent of our testing,. and Reviewing and testing the accounting estimates to minimise potential bias. The primary responsibility for the p￿ventIOn and ijetection of irregulartties including fraud rests with both those charged with governance and management. The￿ are tnherent limitations in the audit procedures described above and the further removed non-compliance with laws and regulations is from the events and transactions reflected In the financial statements the less likely we would become aware of such non- compliance. Also, the risk of not detertiTrg a material misstatement due to fraud is higher than the risk of not deterting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery, intentional misrepresentations or collusion. 12

Huddersfield Giants Community Trust Ltd Independent auditor's report (continued) To the members of Huddersfield Giants Community Trust Ltd A further description of our responsibilities is available on the Frnancial Reporting Council's website at.. https.'//www.frc.org.uVauditorsresponsibilities. This description fom)s part of our auditor's report. Use of our report This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Art 2006. Our audit work has been undertaken 50 that we might state to the charitable company's members those matters we are required to state to them in an auditors. report and for no other purpose. To the fullest extent permitted by law. we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's memt*ers as a body. for our audit work, for this report, or for the opinions we have fomed. Karen Borowskl FCA (Senior Statutory Auditor) for and on behalf of DJH Audit Limited -¥-.l.Jo l.Ly Chartered Accountants statutory Auditor Bates Mill Colne Road Huddersfield United Kingdom HDI 3AG 13

Huddersfield Giants Community Trust Ltd Statement of financial activities Including incorne and expenditure account For the year ended 31 December 2023 Current financial year Unrestrocted Restrirted funds 2023 Totsl Total funds 2023 2023 2022 Motes Incorne frorn: Donations and legacies Charitable activities Other trading activities Investments 304.347 820.537 295,051 18.736 614 323,083 821.151 302,794 193 293,570 1,017.550 203,879 ioi 7.743 193 Total income 1.419.935 27,286 1,447,221 1,515,100 Expenditure on: Raising funds Charitable activities 318,501 1.181,465 15.340 8,267 333,841 1,189,732 169,011 1,288,286 Total expenditure 1,499,966 23,607 1,523,573 1,457.297 Net income/{expenditure} {80,0311 3.679 (76,3521 57,803 Net movement In funds li (80.0311 3.679 176,3521 57,803 Reconciliation of funds: Fund balances at l January 2023 129,413 37.671 167,084 109,281 Fund balances at 31 December 2023 49.382 41.350 90.732 167,084 The statement of financial artivities includes all gains and 105ses recognised in the year. 14

Huddersfield Giants Community Trust Ltd Statement of financial activities (continued) Including income and expenditure account For the year ended 31 December 2023 Prlor finantial year Unrestrlcted Restrirted Total funds funds 2022 2022 2022 Notes Income from: Donations and legacies Charitable activities Other trading activities Investments 277.903 1.017,550 203,879 ioi 15,667 293,570 1,017,550 203,879 ioi Total income 1.499.433 15,667 1,515.100 Expenditure on: Raising funds Charitable activities 168.392 1.264.534 619 169,011 1.288,286 23.752 Total expenditure 1,432,926 24,371 1,457,297 Net income/(expenditure} 66,507 (8,704} 57,803 Transfers between funds 9.723 19.7231 Net movement in funds li 76.230 118,4271 57,803 ReconclllatSon of funds: Fund balances at l January 2022 53,183 56,098 109.281 Fund balances at 31 December 2022 129.413 37,671 167.084 15

Huddersfield Giants Community Trust Ltd Balance sheet As at 31 December 2023 2023 2022 Notes Fixed assets Tangible assets 14 982.333 632,687 Current assets Stocks Debtors Cash at bank and in hand 15 4.297 93,259 194.728 8,791 117,817 167,304 16 292,284 293,912 Credltors: amounts falling due withrn one year 18 {313,3851 1727,8481 Net current liabllltles 121,1011 {433,9361 Total assets less current liabilities 961.232 198,751 Creditors: amounts falling due after more than one year 19 IB70.500) 131,6671 Net assets 90.732 167.084 The funds of the Restncted income funds Unrestrirted funds 21 41,350 49,382 37,671 129,413 22 90,732 167.084 The financial statements were approved by the trustees on Mr Singh Athwal Trustee Cornpany registration number 05930465 (England and Wales) 16

Huddersfield Giants Community Trust Ltd statement of cash flows For the year ended 31 December 2023 2023 2022 Ilotes Cash flows from operating artivities Cash generated from operatitsn5 Interest paid Net cash provided by operating activities 27 46.311 1331 46,278 94,742 11,1331 93,609 Investing aCtivFties Purchase of tangible fixed assets Investment income received (400,8901 193 197.2261 ioi Net cash used in investing artivitie5 1400,697} (97,1251 Financing actlvitiès New loans in year epayment of bank loans Interest paid 392,782 (10,0001 19391 86,178 18,3331 19101 Net cash generated from financlng activities 381.843 76,935 Net increase in cash and cash equivalents 27,424 73.419 Cash and cash equivalents at beginning of year 167.304 93,885 Cash and cash equivalents at end of year 194,728 167,304 17

Huddersfield Giants Community Trust Ltd Notes to the financial statements For the year ended 31 December 2023 Accounting pollcies 1.1 Accountlng convention The financial statements of the charitable company. which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP IFRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Pfèttice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 (effertive l Jarkuary 20191,, Financial Reporting Standard 102 'The Financial Reporting Standard pplicable in the UK and Republic of Ereland., the Companies Act 2006 and, where applicable, the Charities Act 2011. The financial statements have been prepared under the historical cost convention. 1.2 Goin9 concern The charity has an overdraft facility of £IOO.000, which to date it has not needed to rnake use of. The charity remains committed to careful cashflow management to ensure sufficient wot*ing capital is maintained. The charity has recetved considerable support fvom its landlord in the waiver of rent charge5 when this would cause the charity to be unable to meet its liatiilrties as they fall due. The charity's landlord has confirmed that future rent payments will be waived if this would otherwise cause the charity to cease to be a going concern. In addition the landlord has confim)ed that they will provide the necessary financial support required to enable the charity to continue trading for at least ￿e1ve months from the date of signing the financial statements. On the basis of this support fvom the charity's landlord, the trustees believe that there are no material uncertainties with regards tts the Iharity's ability to continue and it is therefore appropriate to prepare the financial statements on the going concern basis. No adjustment5 have been made to restate assets and liabilities to their ￿cOVerable amounts should this basis prove not appropriate. 1.3 Charitable funds Unrestrirted funds can be used in accordan￿ with the charitable objeLtives at the discretion of the trustees. Restricted funds can only be used for particular restrirted purposes within the objects of the charity. Restrictions arise when specified by the donor or when fund5 are Faised for particular restricted purposes. Funds may be transferred from the unrestricted general fund to the restricted fund at the discretion of the trustees. 1.4 Income All income is recognised in the Statement of Financial Artivities once the charity has entitlement to the funds, It 15 probable that the income will be rece>ved and the amount can be measured reliably. Income is deferred where delivery of services relates to futu￿ periods. Income from the sale of goods is recognised at the point of sale to the consumer. Revenue grant funding (including government grant funding) is accounted for upon entitlement to the income and is deferred where time restrictions apply to related expenditure. All income is stated after trade discounts, other sales taxes and net of VAT. Donated services or facilities a￿ ￿cOgniSed when the charity has control over the item, any conditions associated with the donated item have been met. the receipt of economic benefit from the use of the item is probable and the economic benefit can be tneasured reliably. Do>nated professional services and facilities are included in income at the estimated value of the gift to the charity when received, based on the amount that the charity would have been prepared to pay for these service5 or facilities had it been required to purchase them. with a corresponding entry in the appropriate expenditu￿ heading for the same amount. An am(>unt of £302,450 12022.. £250,720) was ￿ceiVed in the period, £302,000 12022-. £250,000) as a gift in kind for property rental and £450 (2022= £7201 in relation to consultancy services provided. 18

Huddersfield Giants Community Trust Ltd Notes to the financial statements (continued) For the year ended 31 December 2023 Accounting policies {Continued) 1.5 Expendlture abilities are recognised as expenditure as soon as there is a legal or constructive oblTgation committing the charity to that experbditure, it is probable that a transfer of ectsnomic benefit5 will be required in settlement and the amount of the obli9ation can be measured reliably. Expenditure is accoLJnted for on an èccrua15 basi5 and has been classified under headings that a99￿gate all cost related to the category. Where costs cannot be directly attrTbuted to particular headings they have been allocated to activities on a basis consistent with the use of resources. Allocation and apportionment of costs For accounting purposes expenditure Is allocated as folltsws= other trading activities all expenditure which relates to the operation of The Zone cafe, women's rugby team and other trading costs. Charitable artivities - all direct charitable expenditu￿ relates to the operation of the acttvities of the charity. Costs are allocated to the artivity Whe￿ the resource has been used. Where costs relate to two or more activities costs hève been allocated based on the use of the resource. Support costs include central functions and governance and have been allocated to activity cost categones on a basis consistent with the use of resources. 1.6 Tanglble fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finan￿ lease, over the lease temi, whichever is the shorter. Leasehold improvements Sports and activity equipment Fixtures and fittings Computer eqLEipment IO% on cost and remaining life of lease 20010 on c05t, 15% on cost and Iooh on cost 20% on cost 200h on cost Amtsunts capitalised under improvements to leasehold property have been depreciated from when the assets were available for use. Fixed assets are capitalFsed at cost. Capitalisation of items occurs when the charity will receive economic benefit of an item over more than one year. The de-minims limit for the capitali5ation of fixed a55ets is £500. The charitable company carries out annual impaim)ent reviews where there is indication that the carrying amount of an asset may not be recoverable. 1.7 Stocks Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Stocks are valued using the fir5t-in. first-out {FtFO) method. 1.8 Taxation HM Revenue & Customs has recognised the entity as a charity ft>r corporation tax purposes. 1.9 Retirement benefits The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme a￿ charged to the Statement of Financial Adivities in the period to which they relate. Pension costs a￿ attributed to the activity perfonned by the staff member to whom the cost relates. 19-

Huddersfield Giants Community Trust Ltd Notes to the financial statements (continued) For the year ended 31 December 2023 Accountin9 policies {Continuéd) 1.10 Financial instruments The company has chosen to adopt Secbon 11 of FRS 102 in respect of financial instruments. Short terni debtors are measured at transartion price, less any ifflpairment. Short term creditors are measured at the transartion price. Other financial liabilities, including hire purchase arrangements, are measured initi3lly at transaction price. net of transaction costs, and are measured subsequently at amortised cost Using the effertive interest method. 1.11 Leasing commitments Rentals paid under operating leases a￿ charged to the Statement of Financial Activlties on a straight line basis over the peThod of the lease. 1.12 Cash and cash equivalents Cash and cash equivalents comprise cash at bank and on hand and is equal to the cash at bank figure shown on the Balance Sheet. Critical accounting estimates and jud9ements Significant judgements The following judgements (apart from those involving estimates) have had the most significant effect oll amounts recognised in the financial statements. Concessionary loans Included within other loans a￿ loans ￿ceiVed at a below rna￿et rate of interest which have been judged to be concessionary loans made to advance the charitable purposes of the entity. The charity has chosen to recognise the loans at the amount received, with the carying amount to be adjusted to reflect repayments, accrued interest and. if necessary, adjusted for any impairment. Key accountin9 estimates and assumptions Accounting estimates, by definition, will often vary from the actual results. They are continually evaluated and are based on historical experience and other fartors, includitbg expertations of future events that are believed to be reasonable under the circumstances. The nature of the estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of asset5 and liabilities Wlthin the next financial year are add￿SSed below. The carrying amount of the estirnate5 and assumptions at the year end are disc105ed in the relevant note to the accounts. Useful econom7c lives of tangible assets The annual depreciation charge for tangible assets sensitive to changes in the estimated useful economic lives and residual values of the assets, which are re-assessed annually. They are amended when necessary to reflert current estimates, based on technological advancement, future investments. economic utilisation and the physical condition of the assets. Impairment of debtors The company makes an estimate of the recoverable value of trade and other debtors. When assessing impairment, management considers factors including the ageing profile and recent correspondence with the debtors and historical experience. Company information The company is a private company limited by guarantee and is incorporated in England and Wales. The address of its registered office is The Zone. St And￿￿¥S Road. Huddersfield, HDI 6PT. The company's registered number is 05930465. 20-

Huddersfield Giants Community Trust Ltd Notes to the financial statements (continued) For the year ended 31 December 2023 Income from donations and legacies Unrestricted Re5trirted funds funds 2023 2023 Total Unrestrirted Restricted funds funds 2022 Total 2023 2022 2022 Donations Grants Donated services & 1,897 2.250 16.486 4.147 16.486 4.891 22,292 4.891 37,959 15,667 302.450 302,450 250,720 250,720 304,347 18.736 323.083 277.903 15,667 293,570 Grants Kirklees Girls Grant Lottery Fund Household Support Grant Other grants 6,667 1.000 6,667 1,000 2,000 6,000 2,000 28,292 16.486 16.486 22,292 16.486 16.486 22.292 15,667 37.959 Amounts received in relation to the Kirklees Girl Grant and Household Support Grant are govemment grants. Included within the donated services & facilities are donations in kind of £250,000 in relation to the waiving of rent by the charity's landlord and £50,000 in relation to a lease for the Laund Hill site charged at the cost of a peppercorn compared to its market value. The corresponding costs for both of these doriations in kind have been included within rent costs in note 10. 21

Huddersfield Giants Community Trust Ltd Notes to the financial statements (continued) For the year ended 31 December 2023 Income from charitable artivities Donce Educatlon Kods. play & Multisports sports zone Total Total 2023 2023 2023 2023 2023 2022 Education service level agreements Coaching Kit and competitions Cheerleading Pitch hire Kids, play Party income 54.763 54.763 122,641 SO,S03 94,070 223,403 142,067 133,704 346,087 130,950 26,061 71.441 208,997 115,246 118,768 22,342 50.503 94,070 11,882 88,417 222.789 142,067 133,704 614 166.915 $4,763 510.442 89.031 82L,151 1,017,550 Analysis by fund Unrestricted funds Restrirted funds 166.915 54,763 510.442 88.417 614 820,537 614 1,017,550 166,915 54.763 510,442 89,031 821,151 I,oi?,sso Charitable income Included within kit and competitions income is £25,362 12022.. £13,362) in relation to the sale of goods. The party income above is a combined sale of goods and services. All other amounts included within income from charitable activlties ￿late to rncome from rendering of services. 22-

Huddersfield Giants Community Trust Ltd Notes to the financial statements (continued) For the year ended 31 December 2023 Income from charitable artivitles (Continued) Previous year: Dance Education Kids. play & Multlsports sports zofte 2022 NCS Total 2022 2022 2022 2022 2022 Education Servi￿ level agreements Coachillg Kit and competititsns Cheerleading Pitch hire Kids, play Party incomè 69,958 1.625 276.129 346.087 130,950 26,061 71,441 208,997 115,246 118.768 16,996 26,061 71,441 8,875 I03,454 208.997 115,246 118.768 114,498 71.583 451.886 103.454 276,129 L,017,550 Analysis by fund Unrestricted funds 114.498 71.583 451.886 103.454 276,129 1,017,550 Income frorn other trading artivities Unrestrirted Restricted funds funds 2023 2023 Total UnrestrScted Restrkrted funds funds 20Z2 Total 2023 2022 2022 Fundrnising events Sponsorships Office rental income Café Other income 39,345 32,815 39,084 175,807 8,000 39.345 32.815 39.084 175.807 15,743 13.747 34.355 16.436 139,341 13,747 34,355 16,436 139,341 7,743 Other trading activities 295.051 7.743 302.794 203.879 203,879 Cafe income relates to the sale of goods. Fundraising income above relates to both the sale of goods and donations. All other amounts included within income from other trading artivities relate to income from rendering of services. 23-

Huddersfield Giants Community Trust Ltd Notes to the financial statements (continued) For the year ended 31 December 2023 Intome from Investments Uxrestrirted Restricted funds furMIs 2023 Total Unrestricted RÈ¥tricted funds funds 2022 Total 2023 2023 2022 2022 Interest receivable 193 193 ioi ioi Expenditure on raising funds Unrestricted Restricted fund$ fvnds 2023 2023 Total Unrestr]cted Restricted funds fvnds 2022 2022 Total 2023 2022 Fundraising and publicity Other fundraising costs 10.811 1,355 12.166 Tradlng costs Travel ènd subsistence Women & girls Café Staff costs Depreciation and impairment Support costs 2.255 30.272 78.017 70,002 2.255 44.257 78.017 70.002 332 332 13.985 65,650 41.569 65.650 41,569 25,709 101,435 25.709 101.435 315 315 60.526 619 61.145 307.690 13,985 321.675 168,392 619 169,011 Total costs 318.501 15.340 333,841 168,392 619 169,011 24-

Huddersfield Giants Community Trust Ltd Notes to the financial statements (continued) For the year ended 31 December 2023 Expenditure on charitable activities Dance Educatlon Kids, play & Multlsports sports zone Total 2023 2023 2023 2023 2023 Direct costs Staff costs Depreciation and impairment Travel & rnileage Repairs. maintenance & equipment Other dI￿rt costs Direct debit collection charges Service charge costs 67,861 791 49.554 376 128.408 9.143 3.267 10,888 35,203 11,971 97,686 1,939 3,415 86 343.509 12,249 9,085 10.974 96,446 16,315 107 1.401 1,002 53,029 3.694 519 7,695 650 107 126.776 51.451 198.880 111.578 488,685 Share of support and governance costs {see note 10) Support 64.979 37.724 Governance 6.000 3.819 507,400 13.620 59.019 8.486 669,122 31,925 197.755 92.994 719.900 179,083 1,189,732 Analysis by fund Unrestricted funds Restricted funds 197.755 92.994 719.900 170,816 8,267 1,181,465 8,267 197.755 92,994 719,900 179,083 1,189,732 25-

Huddersfield Giants Community Trust Ltd Notes to the financial statements (continued) For the year ended 31 December 2023 Expenditure on charitable activities (Contlnued) Prevlous year: Dance Education KitJs' play & Multisports sports zone 2022 NCS Total 2022 2022 2022 2022 2022 Direct costs Staff costs Depreciation and impairment Travel & mileage Repairs, maintenance & equiprnent other dirert costs 42,508 59.153 123.382 111.585 104,188 440,8t6 767 545 8,623 2,421 9.935 9,605 712 2,307 2.110 2,055 13 13.212 30.689 13,225 134,983 28,629 2.802 41,433 31.430 72,629 64,807 178.327 155,128 137.673 608,564 Share of support and governance costs (see note 10) Support 52.778 56.386 403,400 Governance 4.249 3,489 11,139 66.555 7.62t 66,519 7.586 645,638 34,084 129.656 124,682 592,866 229.304 211,778 1.286,286 Analysis by fund Unrestricted funds Restricted fund5 128.977 679 124.096 586 581.746 11.120 219,089 10,215 210,626 1.152 1,264,534 23,7S2 129,656 124.682 592.866 229,304 211,778 1,288,286 26-

Huddersfield Giants Community Trust Ltd Notes to the financial statements (continued) For the year ended 31 December 2023 10 Support costs allocated to actlvities 2023 2022 Basls 01allo￿tion FfE FfE Staff costs Depreciation Repairs & maintenance 144.954 11,602 76,222 103,524 30,579 300,000 11,735 6,031 41.838 2.063 972 129,661 17,406 57,355 88,756 28,796 250,000 12,442 19,686 50,589 16.554 1,033 30,786 37.803 Floor are Floor area Floor area Floor area FTE Insurance Rent Hire of plant & machinery Legal fees Other support costs Bank charges Interest payable and sim ths Irrecoverable VAT Governan￿ costs E and floor are3 FfE FfE 34,630 38,332 802.482 740,867 Analysed between: Fundraising Dance 101,435 70,979 41,543 521,020 67.505 61.145 57,027 59,875 414.539 74.176 74,105 Education Kids, play & sports zone Multisports NCS 802.482 740,867 2023 2022 Governance tosts comprise: Audit fees Accountancy Legal and professional 30.000 6,318 2,014 24,050 6,700 7,053 38,332 37,803 The basis of allocation means the full time equivalent headcount for each activity. Floor area is based on the square footage of the charity premises. 27-

Huddersfield Giants Community Trust Ltd Notes to the financial statements (continued) For the year ended 31 December 2023 11 Net movement in funds 2023 2022 The net movement in funds is stated after Charging/(C￿dit1n9)'. Fees payable to the charity's auditor-. for the audit of the charity's financial statements Fees payable to the auditors for non-audit fees Depreciation of Owned tangible fixed assets Hire of plant and machinery other operating leases 30,000 6.318 49,560 11,735 300,000 24,050 6,700 27,656 12,443 250,000 12 Trustees None of the trustees {or any persons connected with them) received any remuneration or benefits during the year ended 31 December 2023 nor for the year ended 31 December 2022. Trustees. expenses There were no trustees. expenses paid during the year ended 31 December 2023 nor for the year ended 31 December 2022. 13 Employees The average monthly number of employees during the year was: 2023 14umber 2022 Number Dance Kids, play, café and sports Multisports Education NCS Other 20 17 Total 37 37 Employment costs 2023 2022 Wages and salaries Social security costs Other pension costs 516.788 30.558 11.119 561,D19 39,808 11,2L9 558.465 612,046 The key management personnel of the charity comprises the Senior Managefflent Team whose employee benefits total £101,23612022= £100,819). 28-

Huddersfield Giants Community Trust Ltd Notes to the financial statements (continued) For the year ended 31 December 2023 13 Employees (Continued) Full time equivalent employees totalled 22 {2022= 25). There We￿ no employees whose annual remuneration was ffl0￿ than £60,000. 14 Tangible fixed assets Leasehdd Sports Flxtstes aj Improvements activity frttiilgs equlpment Complrtèr iprnent TOt•l Cost At I lanuary 2023 Additions 572.324 392.331 493.558 6,875 115,906 56,950 1,238,738 399,206 At 31 December 2023 964.655 500,433 115,906 56.950 1,637,944 Depreciation and Impairment At l January 2023 Depreciation charged in the year 448,348 11,491 109,715 5.946 47,988 5.731 606,051 49.560 26.392 At 31 December 2023 26.392 459,839 115,661 53.719 655.611 Carrying amount At 3 1 December 2023 938,263 40.594 245 3,231 982,333 At 31 December 2022 572.324 45,210 6.191 8.962 632.687 15 Stocks 2023 2022 Finished goods and goods for resale 4.297 8,791 16 Debtors 2023 2022 Amounts falling due wtthin one year: Trade debtors Other debtor5 P￿payMentS and accrued income 35.261 6,565 51,433 40,388 77,429 93,259 117,817 29-

Huddersfield Giants Community Trust Ltd Notes to the financial statements (continued) For the year ended 31 December 2023 17 Loans and overdrafts 2023 2022 Bank loans Other loans Concessionary loans 31,459 41,459 520,141 912,923 944.382 561,600 Payable within one year Payable after one year 73.882 870.500 529,933 31.667 The concessionary loan above of £912,923 relates to a loan received from a related party. Jennifer Davy Number 2 Child￿n.5 Settlement 1997. The loan is unsecured and is repayable from the Laund Hill pitch rental incorne, net of agreed related costs incurred by HGCT, with a final repayrnent date of October 2043. whichever is earliest. The￿ 15 no interest currently char9ed on the loan however there is an option for interest to be charged at 2% above base rate at the discretion of the lender. The lender must give 6 months notice before charging interest and the earliest such notice can be given is March 2025. The loan agreement is for a facility of El,200,000 and ts restricted to use on development of the all weather pitch at Laund Hill. By the year end loans received total £912,923 leaving £287,Q77 of this facility which has yet to be utilised. The ageing of the loan has beerk based on the forecast net income ￿CeiVable by the charity fron7 the pitch hire of the Laund Hill developrnent. Following the yeèr end the charity has entered into discussions with JennTfer Davy Number 2 child￿n'S Settlement 1997 about receiving the arnount spent over budget on the Laund Hill developrnent as a donation, whilst the lender has confimied its intention to make this donation the arnount has yet to be finalised. At 31 December 2023 the overspend was £364,655. At the prior year end, the loan agreement had not been entered into and the￿fOre £52Q, 141 was dlsclosed as other loans repayable on demand. 30-

Huddersfield Giants Community Trust Ltd Notes to the financial statements (continued) For the year ended 31 December 2023 18 Creditors: amounts falling due withln one year 2023 2022 Notes Bank loans Other borrowings Other taxation and social security Trade creditors other creditors Accruals and deferred income 17 9.792 $4,090 25,263 82,980 2,392 128,868 9,792 520,141 22.107 86,888 2,671 86.249 17 313,385 72?,848 Included within accruals and deferred Fncome above is deferred income totalling £55,137 12022.. £38,157). The rnovement in the year is as follows- Chantable activities At l January 2023 Released from previous years Deferred in the current year 38,157 127,199} 57,077 At 31 December 2023 68,035 Incoming resources have only been deferred where income recognised befo￿ the year end relates to services whrch had yet to be provided at the year end. 19 Creditors: amounts fallÉng due after more than one year 2023 2022 Notes Bank loan5 Other bormwings 17 21.667 848,833 31.667 870,500 31,667 20 Ret•rement benefit schemes The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company. Where the expense relates to direct staff costs it is allocated directly to the relevant activity. For support staff the cost is allocated between activity based on the full time equivalent headcount as detailed in note 10. This Pr￿esS is also followed for the allocation between restricted and unrestrirted furads. At the year end pension contributions of El,437 {2022.' £1,390) were outstanding. 31

Huddersfield Giants Community Trust Ltd Notes to the financial statements (continued) For the year ended 31 December 2023 21 Restrirted funils The restricted funds of the charity cgmprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used. At l January 2023 Intorning Resources expended Transfers At31 December 2023 Sensory room Mini bus 5.187 16,918 868 151 10,933 {10,9331 16,271 {5,9851 19101 Ronan Costello Venari Masonic Lodge Anti knife-crime fund RLF developrnent plan MDRT Foundation Coffeesafe holiday camps Laund Hill loan 42 7,198 5,000 2.500 7,198 5,000 2,500 5,000 8.000 3.486 2.250 8,357 15,000) 18,000} 3,486 12,250) 11.462) 6.895 37.671 27,286 {23,607) 41,350 Previous year: Al l January 2022 Incomin9 resources Resources expended Transfers At31 December 2022 Sensory room Mini bus Ronan Costello Venari 5.187 22,675 5.187 16.918 868 {5.7571 12.164 5,000 (3.257) 10,727 69 {4,9661 7,198 5,000 Masonic Lodge Kirklees Girls Grant Lottery fund Yorkshire Recovery Fund BNI donations towards electrical devices RFL Women & Girls Grant Dementia cafe Anti knife-crime fund Household support grant 6.667 i.(M)O {3.4101 {2.6341 1691 19,0931 I,OLS J,650 13851 11,6501 {I,0001 (2.5001 (2,0001 16301 1.000 5.000 2,000 2.500 56.098 15,667 24,371 19.7231 37,671 32-

Huddersfield Giants Community Trust Ltd Notes to the financial statements (continued) For the year ended 31 December 2023 21 Restricted funds {Contlnued} Restricted fund5 include money received for-. Sensory rotsrn - Funding towards the purchase of sensory equipment and disabled facilities. Mini bus - Funding towards the purchase of a new mini bus. Ronan Costello Money raised towards Giants in the Community events. Venari Funding to cover the cost of a part time member of staff and equipment for the multi sensory zone. Masonic Lodge - Funding to purchase equipment for the calmin91passive sensory room. Kirklees Girls Grant - Funding to enable the introdurtion of rugby league to girls. Lottery Fund - Funding for Jmprovements to be made to the entrance/toilet facilities. Yorkshire Recovery Fund - Funding to cover the purchase of three laptops. BNI donations towards electrical devices - Funding to purchase elertrical equipment. FL Wornen & Girls Grant Funding from Sport England in order to allow rugby activities to be rnaintained through/after the effects of the Covid 19 pandemic. Dementia cafe Funding towards the provision of a Dementia Friendly Café to support and make an impact to individuals living with dementia Anti knife-crime Funding for the delivery of education and advice to keep young people safe and avoid crirne Iparticulèrly knife crimel- Household supptsrt grant - Funding to help people who are struggling to get support with accessing food, energy and water and other essentials. RLF development plan Funding to inspire participants to be involved in Rugby League, improve facilities, support volunteering opportunities and help c￿ate more sustainable clubs, all at grass roots level. MDRT Foundation Funding to provide school holiday activities for children attending schools in the most deprived local areas. Coffeesafe holiday camp5 Funding to support local underserved children within Kirklee5 to access physical and social activities through the summer holidays. Laund Hill loan This is income relating to the hire of the all weather pitch at the Laund Hill facility which is restricted to repaying the loan a5 detailed in note 17. 22 Unrestricted funds The ur>restricted funds of the charity comprise the net bèlance of unrestricted income and costs which are not subjett to specific conditions by donors and grantors as to how they may be used. At l January 2023 Incorniny resources Resources expended Transfers At31 December 2023 General funds 129,413 1.419,935 11,499,9661 49,382 Previous year: At l January Incoming resources Resourtes expended Transfers At31 DeceFnber 2022 2022 General funds 53.183 1.499.433 11,432.9261 9,723 129,413 33

Huddersfield Giants Community Trust Ltd Notes to the financial statements (continued) For the year ended 31 December 2023 23 Analysis of net assets between funds Vnrestricted funds Restrirted rund5 2023 Total 2023 2023 At 31 December 2023: Tangible agsets CUr￿nt assetsllliabilities) Long term liabilities 982.333 {62,4511 1870,5001 982,333 121.1011 {870,5001 41.350 49.382 41,350 90.732 Unrestrirted funds Restrirted funds 2022 Total 2022 2022 At 31 Decernber 2022: Tangible assets CUr￿nt assetsllliabilrtiesl Long temi liabilities 632,687 1471,6071 {31,6671 632.687 1433,9361 131,6671 37,671 129.413 37.671 167,084 24 Operating lease commitments Lessee At the reporting end date the had outstan¢Jing ctsmmitments for future minimum lease payments under non-cancellable operating leases. which fall due as follows.. 2023 2022 Within one year Between two and five years 12,892 12.301 11.558 23.859 25,193 35,417 Lessor At the reportlng end date the had contracted with tenants for the following minimum lease payments.. 2023 2022 Within one year 11,874 34-

Huddersfield Giants Community Trust Ltd Notes to the financial ststements (continued) For the year ended 31 December 2023 24 Operating lease commitments (Continued) The charity has a peppercorn lease for the Laund Hill site granted to the charity frorn a related party until March 2041. As part of the tem)s and conditions of the lease, the landlord has a right to 32 hours of priority bookings per week at an agreed discount to the commercial rate. There is a peppercorn sub-lease irb place for the Laund Hill to a tenant. As part of the terms and conditions of the lease the tenant manages the property for which a service charge is in place and has a right to 22 hours of priority bookings per week at an agreed discount to the commercial rate. There is no obligation for the tenant or the landlord to use the priority booking hoijrs and 50 the amounts receivable under the leases are variable. There is expected to be income of £85,995 under the priority bookings due to the charity within the next year. This is expected to continue for the life of the lease. 35-

Huddersfield Giants Community Trust Ltd Notes to the financial statements (continued) For the year ended 31 December 2023 25 Related party transactions Key management personnel of the entlty Expense claims paid to key management personnel during the year totals £1,197 {2022'. £1,350). other related parties Huddersfield Giants Limited. HR With Confidence. Social Progress and Purplemoon ￿rnIted are related cornpanies due to having iJirectors/trustees in common. Huddersfield Giants Limited were invoiced £6,000 {2022: £5,250} for atfvertising and £Nil {2022.. £647} for sundry purchases. Huddersfield Giants Limited recharged season box and season ticket charges Of É6,000 12022.. £5,250) and sundry expenses of £1,582 12022= £3,962}. Huddersfield Giants Limited made payments to the company totalling £Nil 12022.. E847) and the company made payments totalling £1,811 12022.. £4.3221 to Huddersfteld Giants ￿rnited. There was income from hire of the Laund Hill pitches of £7.743 {2022= £Nil} which were booked under the landlord's priority discounted terms described below. At the year end the balan￿ owing from Huddersfield Giants mited was £7,743 12022.. £Nill. The Women's Super League team, previously run within the charity. was tranSfer￿d to Huddersffield Giants Limited during the year for nil consideration. HR With Confidence were invoiced £IQO 12022.. £130) in re5pert of sponsorship and donated E20 to fundraising events. HR With Confidence made payfflents of £120 {2022= £1301 to the comparky during the year. At the year end the balance owirh9 from HR With Confidence was £NIl12022.' £Nill. The company received a donation in kind in relation to marketing training from Social Progress of a value of £450 {2022.. £Nill during the year. Purplemoon Limited invoiced the company £Nil {2022- £2,250) in respect of business development consultanorf during the yeaf. The company made payments of £Nil {2022= E2,2501 to Purplemotsn Limited during the year and at the year end the balance owed to Purplemoon Limited was £Nil 12022.. The Jennifer Davy Number 2 {Childrensl Settlement 1997 is è related party due to having individuals with significant influence in common. Concessionary loans We￿ ￿ceiVed of £392.782 12022.. £86,178) from the Jennifer Davy Number 2 (Childrens) Settlement 1997 during the year, with total amounts of É912.923 12022.. £520,141) outstanding at the year end. The loan is restricted to use on development of the all weather pitch at Laund Hill. The loan is unsecured and is repayable from the Laund Hill pitch rental income, net of agreed related costs incurred by HGCT, with è final repayment date of Ortober 2043, whichever is earliest. There is no interest currently charged on the loan however there is an option for interest to be charged at 2Yo above base rate at the discretion of the lender. The lender must give 6 months notice before charging interest and the earliest such notice can be given is March 2025. A donation in kind of £50,000 12022.. E50,0001 was also received during the year in relation to peppercom lease for the LaLJnd Hill site granted to the charity from the Jennifer Davy Number 2 (Children51 Settlernent 1997. As part of the terms and conditions of the lease, the landlord has a right to 32 hours of priority bookings per week at an ag￿ed discount to the commercial rate. Following the year end the charity has entered into discussions with Jennifer Davy Number 2 Children's Settlement 1997 about receiving the amount spent over budget on the Laund Hill development as a donation, whilst the lender has confimied its intention to make this donation the amount has yet to be finalised. At 31 December 2023 the overspend wès £364,655. Not included within the al)ove is a donation in kind received during the year of £250,000 {2022'. £200,000) by the charity's landlord, KEJ LLP, who are also a related party due to having individuals with significant influence in common. The donation tn kind is without conditions. 36-

Huddersfield Giants Community Trust Ltd Notes to the financial statements (continued) For the year ended 31 December 2023 26 Analysis of changes in net (debt)/funds At I Cash 110v￿ Other non-cash At 31 Dècember change% 2023 2023 Cash at bank and in hand 167.304 27,424 194,728 Loans falling due within one year Loans falling due after more than one year 1529.9331 131,667) 456.051 1456.0511 {73.8821 1870,5001 1382.7821 1394.2961 1355.3581 1749,6541 27 Cash generated from operations 2023 2022 {Deficitl/surpus for the year 176.352} 57,803 Adjustments for- Investment income recognised in statement of financial activities Interest paid Depreciation and impairment of tangible fixed assets 11931 972 iioii 1.033 2?,656 49.560 Movements in working capital= Decreasellincrease) in stocks Dec￿ase in debtors Inc￿ase in creditors 4,494 24.558 43,272 13.7481 5,658 6,441 Cash generated from operations 46.3LI 94,742 28 Analy515 of cash and cash equivalents The amounts disclosed on the Cash Flow Statement in ￿spect tsf cash and cash equivalents are in agreement with the amounts disclosed as cash at bank on the Balance Sheet. 29 Major non-tash transartions Non-cash changes ￿lateS to an adjustment to the ageing of other loans included in the charity at the year end. 37-