Somerset Activity and Sports Partnership
(A Charitable Company Limiled by Guarantee)
Annual Report and Financial Statements
For the Year Ended 31 March 2025
Company Number: 05798066
Charity Registered in England and Wales Number: 1118900

Somerset Activity and Sports Partnership
Contents
For the Year Ended 31 March 2025
Pa
Reference and Administrative Details
Trustee Directors, Report
2-13
Independent Auditors, Report
14-17
Statement of Financial Activities
18
Balance Sheet
19-20
Statement of Cash Flows
21
Notes to Financial Statements
22-43

Somerset Activity and Sports Partnership
Reference and Administralive Details
For the Year Ended 31 March 2025
Trustee Directors
D Blackford
J A Chidley-sanders
A M Coates
GRCOX
T M Evans
D Maycock
A J Randle
D J Scarratt
Y G Vigar
J M Whitehead
Chief Executive Officer
J Knowles
Deputy Chief Executive Officer
J Hannis
Offlce Manager
R Martin
Finance Offlcer
A Britton
Charlty Number
1118900
Company Number
05798066
Prlnclpal Address and Registered Offlce First Floor Offices
Castle Business Centre
Castle Road
Chelston Business Park
Wellington, Somerset
TA219JQ
Audltors
Albert Goodman LLP
Goodwood House
Blackbrook Park Avenue
Taunton, Somersel
TA12PX
Bankers
Svenska Handelsbanken
1. Floor Equity House
Blackbrook Park Avenue
Taunton, Somerset
TA12PX
Solicitors
Ashfords
41 St James Street
Taunton, Somerset
TA1 1JR
Investment managers
Heartwood Investment Management
No. 1 Kingsway
London
WC2B
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Page 1

Somerset Activity and Sports Partnership
Trustee Directors, Report
For the Year Ended 31 March 2025
The Trustees, who are also directors for the purposes of the Cornpanies Act, present their report and the
financial statements of the charity for the year ended 31 March 2025, which are also prepared to meet the
requirements for a directors, report and accounts for Companies Act purposes.
The financial statements have been prepared in accordance with the accounting policies set out in note 1
and comply with the Charities Act 2011. the Companies Act 2006. the Memorandum and Articles of
Association, and Accounting and Reporting by Charities: Statement of Recommended Praclice applicable
in the UK and Republic of Ireland <SORP FRS 102) (effective 1 January 2019).
The full name of the Charity is Somerset Activity and Sports Partnership. It was incorporated on 27 April
2006 as a company limited by guarantee. Its company registration number is 05798066. Its Charity
registration number is 1118900. The Charity is variously referred to throughout this report as either "the
Charity" the Company" or SASP"
References and Admlnlstrative Detalls
Administrative information is given in a separate section at the front of these financial statements.
Directors and Trustees
The directors of the Company are the Charity's Trustees for the purpose of charity law and throughout this
report are collectively referred to as the Trustees.
The Trustees serving during the year and since the year end are as follows.,
D Blackford
J A Chidley-sanders
A M Coates
A J Cockcroft
GRCOX
A E Driscoll
T M Evans
A J Gardner
D Maycock
A J Randle
D J Scarratt
Y G Vigar
J M Whitehead
(Appointed 2010112025)
(Resigned 2711112024)
(Resigned 2910412025)
(Appointed 2010112025)
(Resigned 2711112024)
(Appointed 2010112025)
None of the Trustees have any beneficial interest in the Company. All of the Trustees are members of the
Company and guarantee io contribute £10 in the event of a winding up.
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Somerset Activity and Sports Partnershlp
Trustee Directors, Report
For the Year Ended 31 March 2025
Introduction from The Chair
Having been a Trustee for 5 years and now in my first year as Chair, l am exceptionally proud of our
charity and the remarkable achievements of the Somerset Activity and Sports Partnership (SASP) over the
past twelve months. In 2025, we continued to develop the solid foundation established through the
Somerset Moves strategy in 2023. This document continues to be the cornerstone of our aspirations.
Through this strategy we, working with collaborative partners continue to make a profound difference to the
lives of thousands of people across the County.
We continue to invest considerable effort in developing Strategic relationships and connections at every
level. One of the greatest challenges we face is integrating all local and national partners to achieve a truly
long-term, system-wide approach. This remains a central focus of our Somerset Moves strategy.
At the national level, the government has acknowledged the importance of our work, particularly in
supporting the NHS with a renewed emphasis on prevention and community care, however we are mindful
of the economic challenges by governments at all levels. We are also aware of the challenges faced by our
funders and will continue to do everylhing in our power to not Just provide great value for money but, where
possible, to provide added-value to our stakeholders.
The impact of SASP has been outstanding over the last S years. Thousands of individuals from all
backgrounds have ben8fited from our work on a daily basis. Our community prograrnmes have had a
positive effect on many local communilies, featuring initiatives aimed at those with greater disadvantage. I
am particularly proud of our work with the Holiday Activity & Food (HAF) programme where we continue to
support over 7,000 children on benefits related free school meals, making sure they get a hot meal during
the school holidays while enjoying the benefits of physical activity.
Later in this report we cover in more detail many of our operational achievements, but the social benefits of
what we do should never be underestimaled. Through our programmes of work to get residents "Fit for
Work" Move to I ndependence" and "ProActive Physical Activity on Referral" not only support individuals to
have fitter & healthier lifestyles, but contribute to saving both Ihe DWP and NHS tens of thousands of
pounds by getting people back in the workplace and/or back home fmm hospital
The successes articulated later in this report do not happen on their own. Supporting me at Board level are
very talented and skilled volunteer Truslees who work hard to support the executive team to realise our
ambitions. We have put a lot of work into recruiting some excellent new Trustees who have breathed fresh
ideas and impetus into our work. This has then filtered toward our amazing Senior Leadership Team, led by
our CEO. Jane Knowles and ably supported by her Deputy, Jake Hannis. This team of dedicated people
are the reason that SASP continues to grow not just in size of business, but in reputation to the point where
we have become the go-to or9anisation in Somerset to "get things done"
because that is what we do.
Rupert Cox
SASP Chairman
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Somerset Activlty and Sports Partnership
Trustee Directors, Report
For Ihe Year Ended 31 March 2025
INTRODUCTION
This is the report and audited financial statement for Somerset Activity and Sports Partnership for the year
ending March 2025. The financial statements comply with current statutory requirements. the Memorandum
and Articles of Association and the Statement of Recommended Practice Accounting and Reporting by
Charities.
STRUCTURE, GOVERNANCE AND MANAGEMENT
SASP holds the Tier 3 Code of Sports Governance for Sports Bodies showing compliance against key
areas of Structure, People, Communication and Policies and Processes.
Governing Document
Memorandum and Articles of Association
Constitution
Company Limited by Guarantee
Trustee Selection Method
Election - Trustees are appointed on skill sets and
receive induction training on individual roles and
responsibilities
Organisational Structure
The charity has an annual business plan which is ratified by
the board. The SASP Chief Executive Officer takes
responsibility for day-to-day management of the company.
Risk Management
A risk register is maintained and identified risks are
monitored and reviewed through the Board.
None of the Trustees has any personal pecuniary beneficial interest in the company. All of the Trustees are
Directors of the company and guarantee to contribute £10 in the event of a winding up of the company.
Somersel Activity & Sports Partnership encourages all Trustees and requires staff to undertake induction
and continuing professional development to familiarise themselves with the political, funding and delivery
environment in which the company operates,. to set out their respective roles and responsibilities; and to
ensure accountability and compliance with statutory Charity and Company law.
The Board of Trustees meets every quarter to discuss the strategic direction of the charity, ensure its core
aims and objectives are being met in the most efficient way, and to take account of any risks to the charity
and to make sure that all legal obligation5 are satisfied.
The Board of Directors are supported strategically by Somerset Activity and Sports Partnership senior
employees. Oulside the meetings. the day-to-day business of the Charity is delegated to the SASP Chief
Executive and through them, other staff.
OBJECTIVES AND ACTIVITIES
The charitable objectives of SASP are:
To promote physical activity and sport in Somerset to provide significant benefits for everyone by
creating a healthier and more active community.
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Somerset Activity and Sports Partnership
Trustee Directors, Report
For the Year Ended 31 March 2025
To provide opportunities and encouragement through the widest possible participation in physical
activity and sport in Somerset in such a way that everyone can benefit both individually and
collectively.
To provide help towards the education and development of physical education and sport in both
education establishments and the community as a whole.
SASP Vision
Achieving healthier and happier communities in Somerset through physical activily and sport.
SASP Mlsslon
We inspire and enable positive life choices through sport and physical activity, and we do this by:
Providing accessible opportunities locally for all ages and abilities, prioritising those who are least
active,
Addressing inequalities and removing barriers to physical activity and sport.
Supporting clubs, communities, schools, and the workforce to embrace physical activity.
Bringing together organisalions and partners to create positive change to enable active lives for all.
SASP Values are:
Passionate: We are passionate about the power of physical activity and sport to build communities and a
sense of belonging to improve the quality of people's lives in Somerset.
Incluslve: We value differences, learn from experiences and welcome varying perspectives to deliver safe,
meaningful and real opportunities in physical activity and sport for the people of Sornerset.
Dedlcated: We are dedicated to connecting Somerset residents to opportunities to be active in ways that
feel good to them, offering the best chance to sustain their involvement in and enjoyment of moving.
Insplrlng: We lead from within, uplifting communities and individuals to integrate physical activity into their
work as an essential part of everyday life.
Connected: We believe that we do things best together. building togetherness and respect and
encouraging mutual support within our work.
Strategles for achieving Its stated alms and objectlves
Somerset Moves, Somerset's system wide strategy has been a focus this year providing strategic direction
lo our and others work. The strategic priorities of
1. Positive experiences for children and young people of all ages
2. Increasing community activity
3. Connecting with health and wellbeing
4. Developing more active environments
5. Supporting and motivating people to move
6. Developing leadership, the workforce, and partnerships
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Somerset Activity and Sports Partnership
Trustee Directors, Report
For the Year Ended 31 March 2025
have allowed a collective effort across our organisation to improve the access, opportunity and
environments for people who are least active to find their way into sustained activity to improve their
physical and mental health and reduce Social isolation.
The role of physical activity and sport to support people to improve the quality of their lives at all ages has
been recognised and we have seen huge growth in the interest and interventions around physical activity
for our more targeted populations. Alongside this we have provided significant onward investment to
organisations in Som8rset to build better infrastructure, knowledge and skills to further our mission.
Tackling inequalities has been the golden thread in 2023124. We have been tackling inequalities directly
with our communities through our strategic programme management, from Healthy Happy Holidays to
Heallh Walks and Fit for Work; by developing our workforce through our inclusion awareness and
supporting those that face inequalities into the workforce,. and by developing strong leadership and building
strategic partnerships to better advocate for addressing inequalities and removing barriers to physical
activity across the system.
2024125 saw further progress in embedding the positive messages of sport, physical activity and movement
within both the statutory and Voluntary, Charitable, Faith and Social Enterprise {VCFSE) sectors to ensure
that physical activity is everyone's business. Our work has included..
Continuing to focus investment and intervention on our least active and most vulnerable adults,
children and families such as those with long term health conditions or disabilities, those with lower
affluence levels and those with mental health issues.
Here are a few highlights from our year:
POSITIVE EXPERIENCES FOR CHILDREN AND YOUNG PEOPLE
Over the past year, our Children and Young People {CYP) programmes have delivered significant reach
and measurable outcomes, with a strong focus on addressing inequalities in participation and opportunity.
Holiday and out-of-school provision has been a major lever for tackling disadvantage. Through the Holiday
Activily and Food {HAF} programme, we reached 7,718 unique chlldren, with 880/0 from Free School Meal
households. The Get Active Together programme supported 240 dlsabled young people and family
members to access shared activities, reducirsg isolation and creating positive family experiences. Our
Jump Start programme, addressing adverse childhood experiences, has already engaged 309 new
chlldren this year, demonstrating rapid growth in the success of this targeted early intervention
programme.
School engagemenl remains a key delivery strand. 470/0 of schools completed the Active Lives CYP
Survey and 53fl/o met the School Games engagement criteria, Inclusivity targets have been exceeded, with
790/0 of School Games events meeting the inclusive criteria, ensuring that children with SEND and other
barriers to participation are meaningfully included.
Place-based work linked with targeted communities is building grassroots capacity - 24 clubs and
organisations have been engaged to strengthen school-club links and holiday provision, particularly in
high-need areas such as Burnham and Highbridge.
While participation numbers are strong, persistent inequalities remain for rural and deprived communities,
and the continued need for targeted interventions for children with SEND and those facing multiple barriers.
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Somerset Actlvity and Sports Partnership
Trustee Directors, Report
For the Year Ended 31 March 2025
The year ahead will focus on closing these gaps, embedding inclusive practice. and sustaining
opportunities for those least likely to engage without support.
INCREASING COMMUNITY ACTIVITY
Our community activity programmes have reached thousands of residents this year, with strong outcomes
for both general participation and targeted inclusion work.
Targeted programmes have addressed inequalities in access to physical activity. The Fit for Work
programme supported 65 adults with dlsabilities to build strength, confidence, and employability skills,
with several participants progressing into employment or ongoing activity pathways. The In It Together
community courses engaged 220 women, including those accessing postnatal yoga, menopause support,
and wellbeing courses for women with endometriosis
removing barriers for groups often excluded from
mainstream provision. Alongside this our award winning Moving Mums programme in Sedgemoor,
supporting pregnant women and new mothers, has seen over 300 women invest in their health and
wellbeing post natally.
The Weekly Adult Soci81 Sport offer including the In It Together Social Netball League has grown to just
under 2,000 weekly participants, with new formats such as Indoor and Family Rounders and free and
inclusive yoga in Ihe park helping diversify our reach and work at scale.
The Beach Wellness centre in Minehead continued to thrive and grow members and class attendance with
a focus on exercise referral for our older population.
Overall, while headline participation is high, key inequalities persist and rural access continues to be
challenge for some demographics, Addressing these gaps remains a priority for 2025126.
CONNECTING WITH HEALTH AND WELLBEING
Our work embedding physical activity within health and care pathways has grown substantially this year,
reaching thousands of people with health conditions, mobility challenges, or recovery needs. and directly
tackling health inequalities across Somerset.
The ProActive Physical Activity on Referral service exceeded expectations, delivering 2,702 referrals and
a 760/0 completion rate, well above Ihe national average of 40'/0. Expansion of accredited providers.
including new access in Wells and Shepton Mallet, has extended reach into under-seNed communities.
Enhanced Access sessions supported hundreds of particlpants, offering free tailored out-of-hours activity
and education across six Primary Care Networks, breaking down time and cost barriers, focusing on those
with long term conoditions.
The Move 2 Independence programme continues to grow in numbers and reputation and supported over
350 referrals thls year, with 750/D of participants reporting confidence to continue being active. Our
Community Appointment Days in partnership with Somerset Foundation Trust have been so successful in
helping the community and clinical sectors come together for the good of those most in need to provide
personalised care and local opportunity for individuals to help manage their physical and mental health.
Health coaching in key PCN areas has been transformative. In Bridgwater Bay PCN area, nearly 900
residents accessed support, with a consistent presence at Victoria Park Wellbeing Hub. West Somerset
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Somerset Activity and Sports Partnership
Trustee Directors, Report
For the Year Ended 31 March 2025
and Taunton Deane West also saw strong engagement. Demand continues to exceed capacity. with
waiting lists in some areas.
While the reach and completion rates are strong. challenges remain in ensuring consistent coverage across
rural areas, sustaining provision in PCNS with funding changes, and ensuring smooth referral pathways
across health and community partners. These will be key priorities in 2025126 to close the gap for those
most in need.
DEVELOPING MORE ACTIVE ENVIRONMENTS
Our work this year has helped create safer, more accessible, and more inclusive spaces for physical
activity, with a strong emphasis on opening local facilities to be active In, to the community, expanding
walking opportunities, and supporting community-led change.
The Somerset Health Walks programme delivered 2.415 walks. attracling just under 2,000 unique
individuals walking regularly on the programme. This is a significant increase compared with last year,
demonstrating increasing community appetite for low-cost, accessible activity. Work continues to
strengthen volunteer leadership and expand successful models like the Taunton Beginner Walk, which has
proven especially effective in engaging inactive residents.
Through the Opening School Facilities programme, 24 schools received over £225,000 this year to open
facilities out of hours, enabling 8,540 participants to access activity sessions that would otherwise not
have been available. This investment has created opportunities in areas with limited provision. direclly
addressing place-based inequalities.
The School Streets project has now launched in Otterhampton, Bruton, and Wembdon St George's. with
Ruishton Primary going live in May 2025. These initiatives reduce traffic danger, improve air quality, and
promote walking and cycling for pupils.
Our priority for 2025126 will be to ensure the legacy of Opening School Facilities funding, and further Ihe
work in active travel across key areas in Somerset.
SUPPORTING AND MOTIVATING PEOPLE TO MOVE
This year's work to inspire and support more people to be active has centred on inclusive communication,
targeted behaviour change, and personallsed volunteer support.
The communications and inclusion teams developed Easy Read templates and internal inclusive comms
guidelines to ensure messaging is accessible to people with learning disabilities and low literacy levels.
This change better meets long-term organisational needs, embedding inclusion into all outward-facing
materials.
Campaign work has maintained visibility for national and local priorities. This Girl Can marked its 10-year
anniversary and was prioritised through In It Together channels, while Get Outside in Somerset continued
to grow organically.
Overall, the year has delivered strong peer-to-peer support through embedded inclusive communication
practices, but the challenge ahead lies in building a broader, more representative set of stories and
messengers to reach those least likely to engage.
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Somerset Activity and Sports Partnership
Trustee Directors, Report
For the Year Ended 31 March 2025
DEVELOPING LEADERSHIP, THE WORKFORCE AND PARTNERSHIPS
This year saw strong progress in strengthening Somerset's activity workforce. improving safeguarding
standards, and embedding inclusion as a core value, ensuring delivery reaches a broader and more
diverse population. Internally we have made significant progress in strengthening SASP'S governance,
internal systems. and evidence base
creating a more accountable, data-driven, and inclusive
organisation.
Volunteer gr0￿h has been a major success. The Somersel Health Walk Leader programme trained 38
new leaders, supported by mentoring, scenario-based learning. and a new training video to ensure
confident, inclusive delivery in rural and urban communities. The Skills for Sport programme exceeded
expectations, engaging 135 young people aged 18-25 in training to deliver activity in schools and HAF
holiday provision - providing both employment pathways and peer role models in under-served areas.
Staff satisfaction remains v6ry high in the annual survey, indicating strong organisational culture and
wellbeing. Partner relationships also scored exceptionally well, achieving a median score of 10110 from 97
responses
a 59Q/o increase in engagement from last year. reflecting improved collaboration and trust
across sectors.
Operational systems have modernised with the launch of a new Smartsheet-based Staff Dashboard,
streamlining expenses, timesheets. and compliance reminders. This is making processes more efficient
and freeing up staff time for delivery in communities.
These developments position SASP to more effectively identify and respond to inactivity inequalities
ensuring that resources. programmes, and partnerships are increasingly targeted where they can mak6 the
greatest difference.
Our challenge ahead is to sustain momentum in inclusion training and volunteer development, particularly
in rural and coastal areas where access remains uneven, and to ensure the next phase of workforce
planning addresses Ihe needs of under-represented communities.
Dlversity, Equality and Safeguarding
SASP believes that safeguarding young people and vulnerable adults is fundamental to ensuring that
people have good experiences in sport and physical activity. We use physical activity to increase self-
esteem and resilience to ensure young people have a fun, safe and purposely experience of sport and
active recreation. We are also committed to using our programmes to connect all participants together to
create new friendships, social groups and mitigate against social isolation in Somerset. Our safeguarding
policies and work in 2024125 for children was externally assessed and deemed excellent. Our adult policy
will undergo external assessment in 25126
SASP has strengthened their commitment to safeguarding through the newly funded Sport Welfare Officer
role which has supported 109 sports clubs, providing safeguarding training and resources to create safer
environments for children, young people. and vulnerable adults. Alongside diversity training this programme
is already improving the accessibility of club environments, particularly for young people and adults with
additional needs.
Equality. Diversity & Inclusion has been embedded through the first year of the Diversity & Inclusion Action
Plan, with 213rds of actions completed. This has improved data collection on protected characteristics,
strengthened inclusive practice across programmes. and shaped organisational policy.
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Somerset Actlvlty and Sports Partnershlp
Trustee Directors, Report
For the Year Ended 31 March 2025
FINANCIAL REVIEW 2024125
During the year SASP had an income of £3,333k (2024 £2,748k) and expenditure of £3,024k (2024
£2,405k) excluding investment, revaluation, and pension costs. Once the investment revaluation after
inclusion of the gain on investments of £11,489 is considered, SASP had a net trading position of a surplus
of £321k (2024 - £382k).
POLICY ON RESERVES
The Charity's policy is to maintain a level of reserves to ensure we can continue to provide our services for
6 months regardless of income levels.
This equates lo approximately £1,512k compared to the charity's free reserves as of 31 $1 March 2025 of
£2,530k including the pension scheme. It is considered that any excess reserves will be held to ensure the
financial stability of the Charity in the future. including any potential liability that would arise from the exit of
the pension scheme.
ARRANGEMENTS FOR SETTING THE PAY AND REMUNERATION OF THE CHARITY'S KEY
MANAGEMENT PERSONNEL
SASP has a remuneration policy based on the following principles:
1. Pay will be competitive so that the charitable objectives can be delivered.
2. Bonuses linked to individual performance are not awarded. The charity expects everyone to perform
to a high standard.
3. SASP'S remuneration policy seeks to be fair at both higher and lower ends of the pay scale.
4. Peoples, working arrangements can be flexible to aid productivity
5. SASP encourages a work-life balance and encourages regular breaks
6. SASP has strong governance structures in place to ensure remuneration is managed in line with
best practice.
7. SASP is Iransparent in remuneration reporting
8. Trustees receive reasonable expenses only
The SASP Board review remuneration policy, the remuneration ratio and provide scrutiny to remuneration
decisions e.g. annual pay award and remuneration of highly paid staff on an annual basis.
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Somerset Actlvlty and Sports Partnership
Trustee Directors, Report
For the Year Ended 31 March 2025
Principal funding sources
Sport England, Somerset specific partners, grant aiding bodies and income generation.
PLANS FOR FUTURE PERIODS
SASP is committed to sustaining and growing investment into physical activity to support those that find it
most difficult to become active and maintain activity levels or for those who wish to achieve mental. social
or community development outcomes. This will always mean new partners, new programmes. and new
ways of working to ensure that we are able to work at scale. During 2025126 our new work will be focusing
on increasing our commitment to place related work, increasing our focus around inequality and diversity,
active travel and adult and children from less affluent backgrounds.
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Somerset Activity and Sports Partnership
Trustee Directors, Report
For the Year Ended 31 March 2025
Statement of Trustees, Responsibilities
The Trustees {who are also directors of Somerset Activity and Sports Partnership for the purposes of
company law) are responsible for preparing the Trustee Directors. Report and the financial statements in
accordance with applicable law and United Kingdom Accounting Standards. including Financial Reporting
Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United
Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial statements for each financial year which give a
true and fair view of the state of affairs of the charitable company and of the income and expenditure of the
charitable company for that period. In preparing these financial statements, the Trustees are required to:
Select suitable accounting policies and then apply them consistently.,
Observe the methods and principles in the Charities SORP.,
Make judgements and accounting estimates that are reasonable and prudent.
State whether applicable UK Accounting Standard have been followed, subject to any material
departures disclosed and explained in the financial statements, and
Prepare the financial statements on the going concern basis unless It is inappropriat6 to presume that
the charitable company will continue in business.
The Trustees are responsible for keeping adequate accounting records that disclose with reasonable
accuracy at any time the financial position of the charitable company and enable them to ensure thal the
financial staternents comply with the Companies Act 2006. They are also responsible for safeguarding the
assets of the charitable company and hence for taking reasonable steps for the prevention and detection of
fraud and other irregularities.
In so far as the Trustees are aware..
There is no relevant audit information of which the charitable company's auditors are unaware; and
The Trustees have taken all steps that they ought to have taken to make themselves aware of any
relevant audit information and to establish that the auditors are aware of that information.
The Trustees are responsible for the maintenance and integrity of the corporate and financial information
included on the charitable company's website. Legislation in the United Kingdom governing the preparation
and dissemination of financial statements may differ from legislation in other jurisdictions.
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Somerset Activity and Sports Partnership
Trustee Directors, Report
For the Year Ended 31 March 2025
Small Company Provisions
This report has been prepared in accordance with the special provision of part 16 of the Companies Act
relating to small companies and constitute the annual accounts as required by the Companies Act 2006.
Approved by order of the Trustees on
28￿0￿.. 25
and signed on their behalf by:
Gcox
Trustee
Dsca
Truste
alt
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Somerset Actlvlty and Sports Partnership
Independent Auditors, Report to the Trustees and Members
For the Year Ended 31 March 2025
Opinion
We have audited the financial statements of Somerset Activity and Sports Partnership (the 'charilable
company,) for the year ended 31 March 2025, which comprise the Statement of Financial Activities, Balance
Sheet, Statement of Cash Flows, and Notes to the Financial Statements, including a summary of significant
accounting policies. The financial reporting framework that has been applied in their preparation is applicable
law and United Kingdom Generally Accepted Accounting Practice, including Financial Reporting Standard
102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom
Generally Accepted Accounting Practice).
In our opinion the financial statements..
give a true and fair view of the state of the charitable company's affairs as at 31 March 2025 and of its
incoming resources and application of resources for the year then ended.,
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting
Practice: and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basls for oplnlon
We conducted our audit in accordance with International Standards on Auditing (UK) {ISAs (UK)) and
applicable law. Our responsibilities under those standards are further described in the Auditor's
responsibilities for the audit of the financial statements section 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'S Ethical Standard, and we have fulfilled our other ethical
responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained
is sufficient and appropriate to provide a basis for our opinion.
Concluslons relatlng to golng concern
In auditing the financial statements, we have concluded that the trustee's use of the going concern basis of
accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or
conditions that, individually or collectively, may cast significant doubt on the entity's ability to continue as a
going concem for a period of at least 12 months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the directors with respect to going concern are described in the
relevant sections of this report.
Other information
The trustees are responsible for the other information. The other information comprises the information
included in the Trustees. Report, other than the financial statements and our auditor's report thereon. Our
opinion on the financial statements does not cover the other information and, except to the extent othe￿iSe
explicitly stated in our report, we do not express 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
material inconsistencies or apparent material misstatements. we are required to determine whether there is a
material misstatement in the financial statements or a material misstatement of the other information. If,
based on the work we have performed, we conclude that there is a material misstatement of this other
information, we are required to report that fact.
We have nothing to report in this regard.
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Somerset Activity and Sports Partnership
Independent Auditors, Report to the Trustees and Members
For the Year Ended 31 March 2025
Opinion on other matter prescribed by the Companles Act 2006
In our opinion, based on the work undertaken in the course of the audit..
the information given in the Trustees, Report, which includes the Directors, Report prepared for the
purposes of company law for the financial year for which the financial statements are prepared is
consistent with the financial statemenls., and
the Directors, Report included within the Trustees, Report have been prepared in accordance with
applicable legal requirements.
Matters on which we are required to report by exception
We have nothing to report in respect of the following matters where the Companies Act 2006 requires us lo
report to you if, in our opinion:
adequate and proper accounting records have not been kept, or returns adequate for our audit have
not been received from branches nol visited by us., or
the financial statements are not in agreement with the accounting records and returns; or
certain disclosures of trustees, remuneralion specified by law are not made., or
we have not received all 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. exemptions in preparing the
Trustees, Report and from the requirement to prepare a Strategic Report.
Responsibilities of trustees
As explained more fully in the Statement of Trustees, Responsibilities set out on page 12-13, the trustees
(who are also the directors of the charitable company for the purposes of company law) are responsible for
the preparation of the financial statements and 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 are free from material misstatement, whether due to fraud 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, matters related to going concern and using
Ihe going concern basis of accounting unless the trustees either intend to liquidate the charitable company or
to cease operations, or have no realistic alternative but to do so.
Auditor's responsiblllties for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are
free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes
our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit
conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists.
Misstatemenls can arise from fraud or error and are considered material if. individually or in the aggregate,
they could reasonably be expected to influence the economic decisions of users taken on the basis of Ihese
financial statements.
A further description of our responsibilities for the audit of the financial statements is located on the Financial
Reporting Council's website at www.frc.org.uklauditorsresponsibilities. This description forms part of our
auditor's report.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design
procedures in line with our responsibilities. outlined above. to detect material misstatements in respect of
irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities.
including fraud is detailed below..
Produced by Albert Goodman LLP
Page 15

Somerset Actlvlty and Sports Partnership
Independent Auditors, Report to the Trustees and Members
For the Year Ended 31 March 2025
The extent to which the audlt was considered capable of detecting irregularities includlng fraud
Our approach to identifying and assessing the risks of material misstatement in respect of irregularities.
including fraud and non-compliance with laws and regulations, was as follows..
the engagement partner ensured that the engagement team collectively had the appropriate
competence. capabilities and skills to identify or recognise non-compliance with applicable laws and
regulations.
we identified the laws and regulations applicable to the company through discussions with
management, and from our commercial knowledge and experience of the charity sector;
we focused on specific laws and regulations which we considered may have a direct material effect
on the financial statements or the operations of the company, including the Companies Act 2006,
Charity Act 2011, anti-bribery, employment, working with children and vulnerable children and adults.
data protection and health and safety legislation.,
we assessed the extent of compliance with the laws and regulations identified above through making
enquiries of management and inspecting legal correspondence,, and
identified laws and regulations were communicated within the audit team regularly and the team
remained alert to instances of non-compliance throughout the audit.
We assessed the susceptibility of the company's financial statements to material misstatement, including
obtaining an understanding of how fraud might occur, by..
making enquiries of management as to where they considered there was susceptibility to fraud, their
knowledge of actual, suspected and alleged fraud; and
considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and
regulations.
To address the risk of fraud through management bias and override of controls, we..
performed analytical procedures to identify any unusual or unexpected relationships.
tested journal entries to identify unusual transactions:
assessed whether judgements and assumptions made in determining the accounting estimates were
indicative of potential bias., and
investigated the rationale behind significant or unusual transactions.
In response to the risk of irregularities and non-compliance with laws and regulations, we designed
procedures which included, but were not limited to..
agreeing financial statement disclosures to underlying supporting documentation;
reading the minutes of meetings of those charged with governance,,
enquiring of management as to actual and potential litigation, claims and breaches of relevant
legislation., and
reviewing correspondence with the Charity Commission and other relevant regulators including the
company s legal advisors and insurers.
There are inherent limitations in our audit procedures described above. The more removed that laws and
regulations are from financial transactions, the less likely it is that we would become aware of non-
complian￿. Auditing standards also limit the audit procedures required to identify non-compliance with laws
and regulations to enquiry of the directors and other management and the inspection of regulatory and legal
correspondence, if any,
Material misstatements that arise due to fraud can be harder to detect than those that arise from error as
they may involve deliberate concealment or collusion.
Produced by Albert Goodman LLP
Page 16

Somerset Activlty and Sports Partnership
Independent Auditors, Report to the Truslees and Members
For the Year Ended 31 March 2025
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 Act 2006. Our audit work has been undertaken so that we might state to the
charitable company's members and trustees those matters we are required to state to them in an auditor's
report and for no other purpose. To the fullest extent perrnitted by law, we do not accept or assume
responsibility to anyone other than the charitable company and the charitable company s members as a
body and the charitable company's truslees as a body, for our audit work, for this report, or for the opinions
we have formed.
Michelle Ferris Bsc (Honsj FCA DChA
Senior Statutory Auditor
for and on behalf of
Albert Goodman LLP
Chartered Accountants
Statutory Auditor
Goodwood House
Blackbrook Park Avenue
Taunton
Somerset
TA12PX
Date.. 0 5/11 l.x).&.g
Produced by Albert Goodman LLP
Page 17

Somerset Actlvlty and Sports Partnership
Statement of Financial Activities (including an Income and Expenditure account)
For the Year Ended 31 March 2025
Unres-
tricted
Res-
tricted
Unres-
tricted
Res-
tricted
Total
2025
Total
2024
Notes
Income from:
Donations and legacies
Charilable activities
Investment income
2 1,445,190
3 1,482,610
13,289
229,174 1,674,364
766,108
162,405 1,645,015 1,460,766
13,289
26,820
383,839 1,149,947
110,900 1,571,666
26,820
Total income
2,941,089
391,579 3,332,668 2,253,694
494,739 2,748,433
Expenditure on:
Charitable activilies
5 2,548,249
475,402 3,023,651 2,015,612
389,292 2,404.904
Total expenditure
2,548,249
475,402 3,023,651 2,015,612
389,292 2,404,904
Revaluation of investment
11,489
11,489
38,578
38,578
Net Incomel(expendlture)
404,329
{83,823)
320,506
276,660
105,447
382,107
Transfer between funds
13 118,351 (118,3511
Other recognised galnsl(losses}
Actuarial (losses)Igains on
defined benefit pension
schemes
34,497
(34,497)
(11,000)
(11,000)
15,000
15,000
Net movement In
funds for the year
Reconciliation of funds
Total funds brought forward
511,680 {202,174)
309,506
326,157
70,950
397,107
2,018,419
360,890 2,379,309 1,692,262
289,940 1,982,202
Total funds carried forward 2,530,099
158,716 2,688,815 2,018,419
360,890 2,379,309
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities
Produced by Albert Goodman LLP
Page 18

Somerset Activity and Sports Partnership- Company Reglstrallon Number: 05798066
Balance Sheet
As at 31 March 2025
2025
2024
Notes
Fixed assets
Tangible fixed assets
Investments
4,169
688,044
10
690,439
690,439
692,213
Noncurrent assets
Debtors
11
71,469
66,000
Current assets
Debtors
Cash at bank and in hand
154,249
2,709,095
203,780
2,578,818
2,934,813
2,848,598
Llabllltles:
Creditors.. amounts falling due within 12
one year
(936,4371 (1,161,502)
Net current assels
1,926,907
1,621,096
Net assets excludlng penslon Ilablllties
2,688,815
2,379,309
Defined benefit pension scheme
15
Total net assets including pension
Ilabllities
2,688,815
2,379,309
The funds of the charity:
Unrestricted funds:
General funds
2,530,099
2,018,419
Unreslricted funds excluding pension
reserve
2,530,099
2,018,419
Pension reserve
Total unrestricted funds
13
2,530,099
2,018,419
Restricted funds
13
158,716
360,890
Total charity funds
2,688,815
2,379,309
Produced by Albert Goodman LLP
Page 19

Somerset Activity and Sports Partnership-company Reglstration Number: 05798066
Balance Sheet (continued)
As at 31 March 2025
The financial statemenls have been prepared and delivered in accordance with the special provisions
relating to small companies within Part 15 of the Companies Act 2006 and the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102).
The notes on pages 22 - 43 form part of these accounts.
Approved by the Board for issue on ?trtD.ct.. 15
and signed on their behalf by:
Gcox
Trustee
,'14 I_dk
tt
Tru
tee
Produced by Albert Goodman LLP
Page 20

Somerset Activlty and Sports Partnership
Statement of Cash Flows and Consolidated Statement of Cash Flows
For the Year Ended 31 March 2025
2025
2024
Notes
Cash flows from operating activities
Net income for the year
Adjustmenls to cash flows from non-cash items:
Depreciation and amortisation
Loss on disposal of fixed assels
Lossesl{gains) on investments
Movement in other investm8nt held
Defined benefit pension scheme
cost less contributions payable
Defined benefit pension scheme
revaluation
309,506
397,107
3,682
487
(2,395)
5,359
10
(38,578)
(125)
15
(11,000)
15,000
15
11,000
(15,000)
311,280
363,763
Working capital adjustments
(Increase)Idecrease in debtors
Increasel(decrease) in creditors
44,062
(225,065)
72,596
651,770
12
Net cash flow from operations
Cash flows from invèsting activities
Purchase of tangible fixed assets
130,277
1,088,129
{619)
{619)
Net increase in cash and
cash equivalents
130,277
1,087,510
Cash and cash equivalents at the
beginning of the reporting period
Cash and cash equivalents at the
end of the reporting period
2,578,818
1,491,308
2,709,095
2,578,818
Cash & Cash equivalents reconcilialion..
Cash at bank
2,709,095
2,578,818
Total cash & cash equivalents at the
end of the reporting period
2,709,095
2,578,818
Produced by Albert Goodman LLP
Page 21

Somerset Activlty and Sports Partnershlp
Notes to the Financial Statements
For the Year Ended 31 March 2025
Accounting Policies
The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the
preparation of the financial statements are as follows..
1.1 Basis of accounting
The financial statements have been prepared in accordance with Accounting and Reporting by
Charities.- Statement of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS
1021 (effective 1 January 2019) (Charities SORP (FRS 102)), the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Somerset Activity and Sports Partnership meets the definition of a public benefit entity under FRS 102.
Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise
stated in the relevant accounting policy note(s) and all amounts are presented in £ sterling.
The accounts are prepared for the company alone, The company has a dormant subsidiary, and
consolidated accounts are not presented as the charity has taken advantage of the exemption provided
by S405(2) of the Companies Act 2006 on the grounds of imrnaleriality.
1.2 Legal status of the charity
The charity is a company limited by guarantee and has no share capital. In the event of the charity
being wound up, the liability in respect of the guarantee is limited to £10 per member of the charity.
The company is incorporated in England and Wales and the company registered office is detailed on
page 1, reference and administration details.
1.3 Going concern
The trustees assess whether the use of going concern is appropriate i.e, whether there are any
material uncertainties related to events or conditions that may cast significant doubt on the ability of the
charity to continue as a going concern. The Irustees make this assessment in respect of a period of at
least one year from the date of authorisation for issue of the financial statements and have concluded
Ihat the charity has adequate resources to continue in operational exislence for the foreseeable future
and there are no material uncertainties about the charity's ability to continue as a going concern, thus
they continue to adopt the going concern basis of accounting when preparing the financial statements.
Produced by Albert Goodman LLP
Page 22

Somerset Activity and Sports Partnershlp
Notes to the Financial Statements
For the Year Ended 31 March 2025
1.4 Income
Income from donations and legacies is recognised in the year in which they are receivable when there
is evidence of entitlement, receipt is probable, and the amount can be reliably measured. Where
income has not been received for gift aid claims relating to donations received in the year. income is
accrued.
Income from government grants, is recognised when the charity has entitlement lo the funds, any
performance conditions attached to the grants have been met, it is probable that the income will be
received, and the amount can be measured reliably and is not deferred.
Where funds are received in advance for a specified purpose, or there are condilions to be met that are
not in the control of the charity and these are not purely administrative. the funds are deferred and
recognised in the period to which they relate.
Where no conditions are attached to the grant income they are recognised within donations and
legacies and where conditions relating to performance of services are attached, grant income is
recognised in income from charitable activities wilhin the Statement of Financial Activities.
Income from charitable activities includes grants provided for charitable activities, fees provided for
courses and rent provided to other sporting organisations. Course fees are recognised at the point the
amount becomes non-refundable, which is either the date of booking or date of the course, depending
on the individual item. Rent is recognised when due.
Income from other trading activities. including course income, is included in the period in which the
charily is entitled lo receipt, it is probable that economic benefits will flow to the entity and the amount
can be reliably measured.
1.5 Interest recelvablel Investment income
Interest on funds held on deposit is included when receivable and the amount can be measured
reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.
Investment income is recognised at the point it is unconditionally due to the charity.
1.6 Reallsed gains and losses
All gains and losses are taken to the Statement of Financial Activities as they arise. Realised gains
and losses on investments are calculated as the difference between sales proceeds and opening
market value (or purchase date if later). Unrealised gains and losses are calculated as the difference
between the market value at the year end and opening market value (or purchase date if later).
Realised and unrealised gains are not separated in the Statement of Financial Activities.
1.7 Expendlture
Resources expended are recognised on the accruals basis to match the period in which the
expenditure was incurred.
Charitable aclivity expenditure comprises costs incurred by the charity in the delivery of its activities
and services for its beneficiaries. It includes both costs that can be allocated directly to such activities
and costs of an indirect nature necessary to support them. Grants payable are at the discretion of the
Trustees. Governance costs are those costs associated with the governance arrangements of the
charity and relate to general running of the charity as opposed to those costs associated with charitable
activities.
Produced by Albert Goodman LLP
Page 23

Somerset Activity and Sports Partnershlp
Notes to the Financial Statements
For the Year Ended 31 March 2025
1.8 Operating leases
The trust classifies the lease of properties as operating leases as title remains with the lessor. Rental
charges are charged on a straight line basis over the term of the lease.
1.9 Fund accountlng
Unrestricted funds are available to spend on activities that further any of the purposes of Trust.
Restricted funds are from donations and grants in which the donor or funder has specified are to be
solely used for particular areas of the Trust's work or for specific projects being undertaken by the
Trust.
1.10 Tanglble fixed assets and depreclatlon
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated
to write off the cost or valuation less estimated residual value of each asset over its expected useful life
as follows:
Office equipment
Plant and machinery
3 years straight line
150/0 reducing balance
1.11 Fixed asset Investments
Investments are recognised initially at fair value which is normally the transaction price (but excludes
any transaction costs). Subsequently, inveslments are held at market value, with all realised and
unrealised gains and losses passing through the SOFA.
1.12 Debtors
Trade debtors are amounts due from customers for services performed in the ordinary course of
business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at
amortised cost using the effective interest method, less provision for impairment. A provision for the
impairment of Irade debtors is established when there is objective evidence that the charity will not be
able to collect all amounts due to according lo the original terms of the receivables.
Other debtors comprise amounts due from funders, prepayments and accrued income. Amounts due
from funders are recognised when the charity is entitled to the money, prepayments arise from the
payments for services prior to benefit from those seNices, and accrued income is amounts due for
services provided, recognised at the point of provision of the services.
Where amounts are due but unable to be received in the next 12 rnonths, they are accounted for as
non-current. In the current year this is in relalion to a bond provided against the pension liability.
1.13 Cash at bank and In hand
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short
maturity of three months or less from the date of acquisition or opening of the deposit or similar
account.
Produced by Albert Goodman LLP
Page 24

Somerset Actlvlty and Sports Partnershlp
Notes to the Financial Statements
For the Year Ended 31 March 2025
1.14 Creditors
Creditors are recognised where the charity has a present obligation resulting from a past event Ihat will
probably result in the transfer of funds to a third party and the amount due to settle the obligation can
be measured or estimated reliably. Creditors are normally recognised at their settlement amount after
allowing for any trade discounts due.
1.15 Deflned contrlbutlon penslon
A defined contribution plan is a pension plan under which fixed contributions are paid into a pension
fund and the Company has no legal or constructive obligation to pay further contributions even if the
fund does not hold sufficient assets to pay all employees the benefits relating to employee service in
the current and prior periods.
Contributions to defined contribution plans are recognised as staff pension expense through the profit
and loss when they are due.
1.16 Deflned benefit pension obllgation
Certain employees of the charity are members of the Local Government Pension Schemes (LGPS)
managed by Somerset County Council.
These are funded defined benefit schemes where the assets are held separately from those of the
charity in separate Trustee administered funds. Typically defined benefit plans define an amount of
pension benefit that an employee will receive on retirement. usually dependent on one of more factors
such as age, years of service and compensation.
The liability recognised in the Balance Sheet in respect of defined benefit pension plans is the present
value of the defined benefit obligation at the reporting date minus the fair value of the plan assets. The
defined benefit obligation is measured using the projected unit credit melhod. The present value of the
defined benefit obligation is determined by discounting the estimated future payments by reference to
market yields al the reporting date on high-quality corporate bonds that are denominated in the
currency in which the benefits will be paid, and that have terms to maturity approximating to the terms
of the related pension liability.
Actuarial gains and losses are recognised immediately in other gains and losses.
The net liability in the schemes at the date of the transfer of the employees from the respective councils
is shown as a separate item in the Stalement of Financial Activities.
1.17 Critlcal accountlng estlmates and areas of Judgement
Estimates and judgements are continually evaluated and are based on historical experience and other
factors, including expectations of future evenls that are believed to be reasonable under the
circumstances.
The charity makes estimates and assumptions concerning the future. The resulting accounting
estimates and assumptions will, by definition, seldom equal the related actual results. The estimates
and assumptions that have a significant risk of causing a material adjustment to the carrying amounts
of assets and liabilities within the next financial year are discussed below.
Produced by Albert Goodman LLP
Page 25

Somerset Activlty and Sports Partnershlp
Notes to the Financial Statements
For the Year Ended 31 March 2025
1.17 Critical accounting estimates and areas of judgement (cont.)
The present value of the Local Government Pension Scheme defined benefit liability depends on a
number of factors that are determined on an actuarial basis using a variety of assumptions. The
assumptions used in determining the net cost (income) for pensions include discount rate. Any
changes in these assumptions, which are disclosed in note 15, will impact the carrying amount of the
pension liability.
The present value of the Local Government Pension Scheme as calculated by the actuary is an asset
of £483,000. The asset has been limited to a £0 as the trustees believe that the criteria for recognition
of an asset have nol been met.
1.18 Taxatlon
As a registered charity, the company is not liable to corporation tax or capital gains tax to the extent
that its income and gains are applicable to charitable purposes only. Value Added Tax {VAT) is partially
recoverable by the company. Any irrecoverable VAT is added to the relevant cost and charged as an
expense in the Statement of Financial Activities.
1.19 Financlal Instruments
The charity only holds basic financial instruments as defined in FRS 102. The financial assets and
liabilities of the charity and their measurements are as follows:
Financial assets
trade, other debtors and the pension bond are basic financial instruments and are
debt instruments measured at amortised cost as detailed in note 18. Investment portfolios are basic
financial instruments measured at fair value through the Income and expenditure account.
Prepayments are not financial instruments.
Cash at bank and deposit accounts- Is classified as a basic financial instrument and is measured at
face value.
Financial liabilities
trade creditors, accruals and other creditors are financial instruments, and are
measured at amortised cost as detailed in note 18. Taxation and social security and the LGPS are not
included in the financial instruments disclosure definition. Deferred incorne is not deemed to be a
financial liability, as the cash settlement has already taken place and there is an obligation to deliver
services rather than cash or another financial instrument.
Produced by Albert Goodman LLP
Page 26

Somerset Activity and Sports Partnership
Notes to the Financial Stalemenls
For the Year Ended 31 March 2025
Donations and legacles
Unres-
trlcted
funds
Res-
tricted
funds
Unres-
tricted
funds
Res-
tricted
funds
2025
Total
2024
Total
Other grant funding
Swim award sales
1,444,997
193
229,174
1,674,171
193
766,017
91
383,839 1,149,856
91
1,445,190
229,174
1,674,364
766,108
383,839 1,149,947
Income from charitable actlvltles
Unres-
trlcted
funds
Res-
tricted
funds
Unres-
trlcted
funds
Res-
tricted
funds
2025
Total
2024
Total
Fees for services and grants
Sports and other activities
Rent
Sports England
Gym membership and
classes
855,467
2,888
526,400
855,467
2,888
688,805
831,800
13,219
547,363
831,800
13,219
658,263
162,405
110,900
97,855
97,855
68,384
68,384
1,482,610
162,405
1,645,015
1,460,766
110,900 1,571,666
Investment Income
Unres.
trlcted
funds
Res.
tricted
funds
Unres-
trlcted
funds
Res-
tricted
funds
2025
Total
2024
Total
Interest
13,289
13,289
26,820
26,820
13,289
13,289
26,820
26,820
Produced by Alberl Goodman LLP
Page 27

Somerset Activity and Sports Partnership
Noles to the Financial Slatements
For the Year Ended 31 March 2025
Expenditure
Unres-
tricted
funds
Res-
trlcted
funds
Unres-
tricted
funds
Res-
tricted
funds
2025
Total
2024
Total
Charitable activitles
Wages and salaries
Other staff costs
Office costs
Administration costs
Direct project cosls
Legal and professional
Finance costs
Depreciation
Pension service costs
1,495,945
25,589
90,615
255,094
655,096
22,952
10,276
3,682
(11,0001
406,802
4,402
1,035
25,258
37,183
690
32
1,902.747 1,408,219
29,991
26,738
91,650
82,663
280,352
164,372
692,279
288,258
23,642
17,135
10,308
7,868
3,682
5,359
{11,000)
15,000
232,229 1,640,448
2,491
29,229
4.063
86,726
66,252
230,624
84,081
372,339
17,135
8,044
5,359
15,000
176
2,548,249
475,402
3,023,651 2,015,612
389,292 2,404,904
Actlve Chlld-
Actlve
Actlve
Active ren & Young Envlron-
Active
Active Commu-
Communltles
People
ment Health Workforce nicatlons
Central
costs
2025
Total
Expenditure by actlvlty (2025):
Wages and salaries
352,407
Other slaff costs
2,038
Office costs
8,730
Administration costs
46,393
Direct project costs
114.474
Legal and professional
Finance cosis
Depreciation
Pension service costs
301,880
2,048
24,630
37.507
312,411
21,107 703,084
69 15,995
21,421
1,517 33,268
11,531 206,243
13,243
426
1,009
1,055
40
511,026 1,902,747
9,415
29,991
35,860
91,650
160,612
280,352
47,580
692,279
23,642
23,642
10,308
10,308
3,682
3,682
{11,000) (11,000>
524,042
678,476
34,224 980,011
15,773
791,125 3,023,651
Produced by Albert Goodman LLP
Page 28

Somerset Actlvlty and Sports Partnership
Notes to the Financial Statements
For the Year Ended 31 March 2025
Expendlture (cont.)
Active Child-
Active
Active
ren & Young Envlron-
Active
Active Commu-
People
ment Health Workforce nicatlons
Active
Communities
Central
costs
2024
Total
Expendlture by activity (2024):
Wages and salaries
296,350
Other staff cosls
4,754
Office costs
6,539
Administration costs
39,150
Direct project costs
70,129
Legal and professional
Finance costs
Depreciation
Pension seNice costs
272,255
2,648
5,359
40,893
131,427
16,198 571,985
227 17,173
13,966
1.127 30,169
1.620 146,289
30,232
1,396
176
1,205
713
453,428 1,640,448
3,031
29,229
13)
60,689
86,726
2,205 115,875
230,624
652
21,509
372,339
17,135
17,135
8,044
8,044
5,359
5,359
15,000
15,000
416,922
452,582
19,172 779,582
33,722
2,854 700,070 2,404,904
6 Income and expenditure by public investor - 2025
Sport
Local Other Public Non-public
England Authority
Sector
Income Total 2025
Revenue grants
Membership income
Other income
688,805 1,389,056
285,115
2,362,976
97,855
871,857
97,855
438,603
433,254
Total Income
688,805 1,389,056
718,369
536,458 3,332,688
Active Communities
Aclive Children & Young People
Active Health
Active Workforce
Aclive Environments
Communications
Core costs
26,589
179,947
277,410
115,494
137,313
8,179
15,612
165,445
221,716
703,796
54,598
161,319
138,902
524,042
678,476
980,011
15,773
34,224
7,594
18,612
764,195
26,930
791,125
Total expenditure
978,325
554,008
1,109,569
381,749 3,023,651
Net income
{289,520)
835,048
(391,200)
154,709
309,037
Produced by Albert Goodman LLP
Page 29

Somerset Actlvlty and Sports Partnershlp
Notes to the Financial Statements
For the Year Ended 31 March 2025
Income and expenditure by public investor - 2024
Sport
Local Other Public Non.publlc
England Authority
Sector
income Total 2024
Revenue grants
Membership income
Other income
658,263
703,512
180,384
263,242 1,805,401
56,374
56,374
311,731
886,658
574,927
Total income
658,263
703,512
755,311
631,347 2,748,433
Active Communities
Active Children & Young People
Active Adults
Active Workforce
Active Environments
Communications
Core costs
17,365
166,755
232,082
104,340
170,075
23,972
1,200
118,600
48,875
181,487
189,639
1,627
416,922
452.582
779,582
33,722
19,172
2,854
700,070
419,868
8,123
17,972
2,854
88,144
611,926
Total expenditure
804,169
531,669
556,440
512,626 2,404,904
Net Income
{145,906)
171,843
198,871
118,721
343,529
Amounts received from government grants are as listed above. There are no unfulfilled conditions or other
conlingencies attached to grants that have been recognised in income and the charity has not benefitted
directly from other forms of government assistance.
Net incomel (expendlture) for the year
This is stat8d after charging
Total
2025
Total
2024
Depreciation of
owned assets
Operating lease expenses
Auditors, remuneration for..
Audit services
other services
3,682
94,813
5,359
3,477
10,950
834
6,300
2,450
Produced by Alberl Goodman LLP
Page 30

Somerset Activity and Sports Partnership
Notes to the Financial Statements
For the Year Ended 31 March 2025
Employees
Number of employees
The average monthly head count (FTE) was during the year was as follows..
2025
2024
Office staff
Projects staff
91
82
95
88
Employment costs
2025
2024
Wages and salaries
Social security costs
Other pension costs
1,690,320
143,574
68,853
1,470,691
120,680
49,077
1,902,747
1,640,448
The number of employees whose annual emoluments were £60,000 or more were:
2025
number
2024
number
£80,001- £90,000
The employee is member of the defined benefit pension scheme, into which contributions of £11,111 (2024..
£2,818) were made.
None of the Trustee Directors (or any persons connected with them) received any remuneration during the
current or prior year. No Trustees Director were reimbursed travelling expenses (2024.. £nil).
Key management personnel comprise of the Chief Executive Officer, the Deputy Chief Executive Officer, the
Business Support Manager and the Chief Finance Officer. The total employee benefits (includes gross pay,
employer pension and employer national insurance) of the key management personnel of the charity were
£234,509 (2024: £182,604).
Produced by Albert Goodman LLP
Page 31

Somerset Activity and Sports Partnership
Notes to the Financial Statements
For the Year Ended 31 March 2025
Employees (cont.
Pension costs
The company operates both defined benefit and defined contribution pension schemes.
The charge to the Statement of Financial Activities for the year is shown above.
Contributions totalling £11,350 (2024 £8,471) were payable to the schemes at the end of the year and are
included in creditors. Further details of the defined benefit scheme are given in note 15.
9 Tangible flxed assèts
Offlce
Plant
equipment & Machinery
Total
Cost
At 1 April 2024
Additions
Disposals
63,594
619
64,213
{619)
(619)
At 31 March 2025
63,594
63,594
Depreciation
At 1 April 2024
Charge for the year
Eliminated on disposals
59,998
3,596
46
86
(132)
60,044
3,682
(132)
At 31 March 2025
63,594
63,594
Net book value
At 31 March 2025
At 31 March 2024
3,596
573
4,169
Produced by Albert Goodfnan LLP
Page 32

Somerset Actlvlty and Sports Partnershlp
Notes to the Financial Statements
For the Year Ended 31 March 2025
10 Investments
Total
2025
Total
2024
Shares in subsidiary undertaking
Listed shares
Cash held by investment manager
689,936
500
687,541
500
690,439
688,044
Llsted Shares
2025
2024
Market Value
At 1 April 2024
Additions
Disposals
Net gain l (loss} on revaluation
687,541
648,963
2,395
38,578
Market value as at 31 March 2025
689,936
687,541
2025
2024
Historical cost
At 1 April 2024
Additions
Other adjustments
615,304
615,304
At 31 March 2025
615,304
615,304
Shares In subsldlary undertaklng
SASP Social Enterprises Limited (company no 08869128) was incorporated on 30 January 2014. It is a
wholly owned trading subsidiary of Somerset Activity and Sports Partnership. The parent charity holds 100'/0
of the issued share capital and 1000/0 of the voting rights of the subsidiary trading company. The company
became dormant on 31 July 2017 and transferred its trade and assets to the parent, Somerset Activity and
Sports Partnership.
The profit for the year was £nil (2024: £nil) and the balance sheet total was £3 (2024.. £3).
Produced by Albert Goodman LLP
Page 33

Somerset Actlvlty and Sports Partnershlp
Notes to the Financial Statements
For the Year Ended 31 March 2025
11 Debtors
2025
2024
Amounts falling due in less than one year
Trade debtors
Other deblors
Prepayments and accrued income
41,371
57,470
55,408
105,969
41,971
55,840
154,249
203,780
Amounts falllng due In more than one year
Pension bond
71,469
66,000
71,469
66,000
12 Creditors: Amounts falllng due wlthln one year
2025
2024
Trade creditors
Other creditors and deferred income
Accruals
Taxation and social security
Amounts owed to group undertakings
Amounts held on behalf of external funders
48,079
355,693
54,661
38,873
63,614
386,800
2,770
34,274
439,128
674,041
936,437
1,161.502
Deferred income
2025
2024
Deferred income at 1 April 2024
Released from previous years
Resources deferred in the year
378,332
(378,332)
343,377
81,958
(81,958}
378,332
Deferred income at 31 March 2025
343,377
378,332
Income is deferred where funding has been received for a specific time frame which is not yet met, or subject
to conditions that are not in the charity's control. This is comprised of amounts from local government and
NHS ICB funding.
Produced by Albert Goodman LLP
Page 34

Somerset Activity and Sports Partnership
Notes to the Financial Statements
For the Year Ended 31 March 2025
13 Summary of movement in funds- 2025
Opening
balance
Transfersl
Income Expenditure revaluation
Closing
balance
Unrestricted funds
General
Pension fund
2,018,419 2,941,089 {2,548,249)
111,000)
118,840 2,530,099
11,000
2,018,419 2,941,089 {2,559,249)
129,840 2,530,099
Restrlcted funds
Sport England
Somerset Community Leaving Care
SCC Jump Start
SCC Active Workforce
SCC Mental Health Grant
SCC Collaborative County
Rethink Mental Health
Rethink Mental Health - Adults
Rethink Suicide Prevention
SCC Revive Burnham
Sports Welfare Officer
Area Champions
SCC - In it Together
SCC . Duke of Edinburgh
Activity Finder
49,270
107,836
9.870
32,083
(107,693)
682
50,095
9,870
71,226
10,465
10,000
25,000
4,165
115,558
(103.3091
10,465
10,000
25,000
2,136
(3,4751
(5,909}
5,340
16,489
13,215
24,396
63,959
165,988)
(119,033)
50,000
155,909)
(514)
(57,155)
(27,451)
(25,013)
15,781)
{26,5891
5,854
19,074
10,666
36,929
54,570
30,000
12,480
5,781
25,000
2,683
1,094
360,890
391,579
(475,4021 (118,351)
158,716
2,379,309 3,332,668 (3,034,651)
11,489 2,688,815
Produced by Albert Goodman LLP
Page 35

Somerset Activity and Sports Partnership
Notes to the Financial Statements
For the Year Ended 31 March 2025
Summary of movement in funds - 2024
Opening
balance
Transfersl
Income Expenditure revaluation
Closing
balance
Unrestricted funds
General
Pension fund
1.692,262 2,253,694
(2,000,612)
{15,000)
73,075 2,018,419
15,000
1,692,262
2,253,694
(2,015,612)
88,075 2,018,419
Restrlcted funds
Sport England
Children Young People
CIN
SCC Move More Project
SCC Jump Start
SCC Active Workforce
SCC Mental Health Grant
SCC Collaborative County
Rethink Mental Health
Rethink Mental Health Adults
SCC Revive Bumham
SW Health Science Network
Sports Welfare Officer
Tone Sport England
Area Champions
Volunteers
Pluss - Revive
CRF - Chard
SCC - In it Together
SCC - Get Outside
SCC - Beat the Street
Activity Finder
35,722
35,247
13,295
1,914
19,629
10,465
10,000
25,000
5,062
46,780
6,180
5,000
54,300
{40,752)
(750)
{22,434)
{1,914)
(27,756)
49,270
(34,497)
9,139
79,353
71,226
10,465
10,000
25,000
4,165
115,558
5,854
55,911
156,387
(56,808)
(87,609)
{326)
(5,000)
(8,226)
(23,800)
(19,334}
(740)
27,300
23,800
30,000
19,074
10,666
740
3,390
9,162
46,919
5,372
515
9,548
(3,390)
(9,162)
(41,429)
(5,372)
(515)
(37,365)
31,439
36,929
30,500
2,683
289,940
494,739
(389,292)
(34,497)
360,890
1,982,202 2,748,433
(2,404,904)
53,578 2,379,309
Produced by Albert Goodman LLP
Page 36

Somerset Activity and Sports Partnership
Notes to the Financial Statements
For the Year Ended 31 March 2025
13 Summary of movement in funds (cont.)
Sport England is funding received from Sport England for the strategic and operational work around
ensuring the physical activity agenda is embedded into the Somerset system for the benefit of young
people and adults. The funds will be spent embedding physical activity and sport into schools. clubs,
communities and workplaces for the physical, mental, social and community benefits that it can bring
with a particularly focus on those who are not active enough for their health.
Children Young People
to support the strategic role of physical activity within Somerset across
multiple agendas including education, targeted inactive and less active groups such as teenagers and
disabled children and young people as well as social outcomes around reducing anti-social behaviour
and the effects of trauma.
Children in Need - Diversionary Activities is funding from Children in Need. Funds are for a weekly
sport and activity club in Bridgwater and Taunton to engage young people aged 10 - 14 years targeted
by schools and l or the police who are at risk of exclusion or have more chaotic lives in regular activity.
The clubs will have a focus on positive outcomes for young people and work with them to achieve this.
SCC - Move More Project is funding from Somerset County Council for the creation and delivery of a
training resource designed to help people understand the benefits of being more physically active and
how to help with behaviour change with others to encourage them to also think about being more
active.
SCC Jump start - sports mentors for vulnerable children to support positive sport and activities and
relationships outside of family and home. The oulcomes are around engagement of those children who
find staying in school difficult, are at risk of exploitation and often have multiple Adverse Childhood
Experiences.
SCC Active Workforce
lo engage workplaces across Somerset to support them to change their
culture to being positive about activity through the provision of campaign material, equipment, training
and further opportunities for staff.
SCC Mental Health - providing inteNention using sport clubs to help support men's mental health.
SCC Collaborative County - supporting collaborative projects across Somersel that help organisations
work together to achieve physical activity and healthy lifestyle interventions.
Rethink Mental Health to provide supporl for community infrastructure related to physical activity and
support to support adult mental health.
Rethink Mental Health Adults to provide specific support using physical activity for positive men's
mental health.
SCC Revive Burnham supporting a sports mentor for the Burnham area to support those with drug
and alcohol misuse issues or complex mental health issues through positive engagement in physical
activity.
SW Health Science Network - supporting a sports mentor for the Taunlon area to support those with
drug and alcohol misuse issues or complex mental health issues through positive engagement in
physical activity.
Sports Welfare Officer - provision of a Somersel wide welfare officer to support all sports clubs in the
county to strengthen their safeguarding practice.
Tone Sport England to provide projects, programmes and support to schools within Taunton and
West Somerset designed to engage children who are least active.
Area Champions
to support the connection of services within the Bridgwater area to provide
smoother and better service for vulnerable children and young people.
Pluss
Revive
to provide staffing to support those with drug and alcohol misuse issues andlor
complex mental health through positive engagement in physical activity.
CRF - Chard - to work with those furthest from the labour market with ill health to use physical activity
to get them Fit for Work.
SCC- In It Together- a women's project for increasing activities for women.
SCC - Get Outside to provide and activate a campaign post Covid to encourage people in Somerset
to access the outdoors for the physical and mental health.
Produced by Albert Goodman LLP
Page 37

Somerset Activity and Sports Partnership
Notes to the Financial Statements
For the Year Ended 31 March 2025
13 Summary of movement in funds {cont.)
SCC - Beat The Street- Active travel behaviour game for residents in Taunton.
Activity Finder - funding received from Somerset Clinical Commissioning Group (CCG) towards an up
to date activity finder to social subscribers across the county.
Somerset Community Foundation
Leaving Care
Through our Jump Start programme we are
supporting young people leaving care in Somerset, using sport and physical activity to help them build
onfidence, skills and supportive networks as they move into independence.
Rethink - Suicide Prevention - We are working with Rethink to use sporl and physical activily as a way
to create safe, non-judgemental spaces where people at risk of suicide can find support, hope and
connection.
SCC - Duke of Edinburgh Through Jump Start we are enabling more young people across Somerset
to access and achieve their Duke of Edinburgh Award, using sport and physical activity to grow
resilience, skills and aspirations for the future.
14 Analysis of assets between funds
Non-
current
assets
Net Creditors
current more than
assets
one year
2025
Total
Fixed
assets
Unrestricted funds
690,439
71,469
1,768,191
2,530,099
Restricted funds
158,716
158,716
As at 31 March 2025
690,439
71,469
1,926,907
2,688,81 S
Non-
current
assets
Net Creditors
current more than
assets
one year
2024
Total
Fixed
assets
Unrestricted funds
692,213
66,000
1,260,206
360,890
2,018,419
Restricted funds
360,890
As at 31 March 2024
692,213
66,000
1,621,096
2,379,309
15 Penslon commltments
The majority of the charity s employees are part of a defined contribution pension scheme. Contributions for
this scheme are recognised as a cost when made in accordance with note 1.15 and there are therefore no
liabilities other than contributions that remain outstanding at the year-end as disclosed in note 8.
A small number of the charity's employees belong to the Local Government Pension Scheme (LGPS)
managed by Somerset County Council {"SCC"}.
Produced by Albert Goodman LLP
Page 38

Somerset Actlvity and Sports Partnership
Notes to the Financial Statements
For the Year Ended 31 March 2025
15 Pension commitments (cont.)
The pension costs are assessed in accordance with the advice of independent qualified actuaries. The latest
full actuarial valuation was performed at 31 March 2025 and has been used by the actuary in valuing the
pension liability at 31 March 2025.
At the year-end there were no outstanding contributions due to the scheme.
The scheme is a funded defined benefit pension scheme, wilh assets held in separate Trustee-administrated
funds. The total contributions made for the year ended 31 March 2025 were £23.000, of which employer's
contributions tolalled £14,000 and employees, contributions totalled £9,000. The current employer
contribution rate for future years is 13.50/0.
Summary of net pension liability as at 31 March 2025:
2025
£'ooo
2024
£'ooo
Present value of defined benefit obligations
Fair value of share of scheme assels
Restricl pension gain
(1,221) (1,374)
1,704
1,665
(483)
(291)
Deficit in the scheme
Net pension liability
Principal actuarial assumptions
The current mortality assumptions include sufficient allowance for the future improvements in mortality rates.
2025
2024
Salary increases
Pension increases
Discount rate
CPI increases
RPI increases
2.90%
2.900/0
3.15/0
The assumed life expectations on retirement age 65 are:
2025
2024
Retiring today
Males
Females
21.1
23.0
21.1
23.0
Retiring in 20 years
Males
Females
22.4
24.4
22,4
24.4
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Page 39

Somerset Activlty and Sports Partnership
Notes to the Financial Statements
For the Year Ended 31 March 2025
15 Pension commltments (cont.)
The Trust's share of the assets and liabilities in the Somerset County Council Pension Fund are as follows:
2025
Fair
value
£'ooo
2024
% of total
scheme
assets
Fair
value
£'ooo
/0 of total
scheme
assets
Equities
Gilts
Other bonds
Property
Cash
1,265
65
211
114
49
1,230
71
200
116
48
4%
12%
7%
4%
8%
Total market value of assets
Present value of scheme
liabilities - funded
Restrict pension gain
1,704
100%
1,665
100%
(1,221)
(483)
(1,374)
{291)
Deficit in the scheme
The total return on fund assets was 2.610/0 (2024 (13.020/0)).
Amounts recognised In the statement of financlal actlvltles are as follows:
2025
£'ooo
2024
£'ooo
Current service cost (net of employee contributions)
Net interest cost
Administration expenses
(16)
14
{1)
(17)
(1)
Total
(3)
(18)
Produced by Albert Goodman LLP
Page 40

Somerset Activity and Sports Partnership
Notes to the Financial Statements
For the Year Ended 31 March 2025
15 Pension commitments (cont.)
Movements In the present value of defined benefit obligations were as follows:
2025
£'ooo
2024
£'ooo
At 1 April 2024
Current service cost
Interest cost
Estimated benefits paid
Employee contributions
Actuarial gainsl(losses)
Experience gain on defined benefit obligation
(1,374)
(16)
{68)
26
(9)
218
(1,376)
(17)
(66)
25
(9)
72
(3>
At 31 March 2025
(1,221)
(1,374)
Movements In the falr value of the charlty's share of scheme assets were as follows:
2025
£'ooo
2024
£'ooo
At 1 Aprll 2024
Interest income
Expected return on Fund assets
Employer contributions
Employee contributions
Estimated benefits paid
Actuarial gainslllosses)
Administrative expenses
1,665
82
(39)
14
1,486
71
121
(26)
(25)
{1)
(1)
At 31 March 2025
1.704
1,665
Produced by Albert Goodman LLP
Page 41

Somerset Activity and Sports Partnershlp
Notes to the Financial Statements
For the Year Ended 31 March 2025
16 Obligations under leases
Operating leases-
The total future minimum rentals payable under non-cancellable operating leases funded by unrestricted
funds are as follows:
2025
2024
Other:
Operating lease which expire:
Within one year
Within two and five years
46,986
47,827
1.835
1,642
94,813
3,477
17 Related party transactions
There were 2 related party transactions during the year (2024: none).
Income of £1,883 was received for the provision of swimming lessons to North Petherton School, of which
trustee Tracy Evans is a Governor.
Expenditure of £889, was paid to North Petherton Rugby Foolball Club, in relation to venue hire. Trustee
Tracy Evans is a Director of North Petherton RFC.
Both transactions are made on usual commercial lerms.
Produced by Albert Goodman LLP
Page 42

Somerset Actlvlty and Sports Partnership
Notes to the Financial Statements
For the Year Ended 31 March 2025
18 Flnancial instruments
Categorisation of financial instruments
2025
2024
Financial assets measured at fair value through income
and expenditure account
Financial assets thal are debt instruments measured at
amortised cost
690,439
688,044
2,807,936
2,726,758
3,498,375
3,414,802
Financial liabilities measured at amortised cost
458,436
453,187
458,436
453,187
Item of income, expenditure, gain and loss
Income
Expense
Net gains
Net losses
2025
Financial assets measured at
fair value through income
and expenditure account
11,489
11,489
2024
Financial assets measured at
fair value through income
and expenditure account
38,578
38,578
Produced by Albert Goodman LLP
Page 43