COMPANY No. 04402633 CHARITY NO. 1122243 THE ACCESS TO SPORTS PROJECT (Company Limited by Guardntee without Share Capital) REPORT AND FtNANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
THE ACCESS TO SPORTS PROJECT tNDEX TO THE FtNANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Page No. Trustees, Annual Report (including Director's Report) 17 Independent Examiner's Report 18 Statement of Financial Activities (including Income and Expenditure Account) 19 Balance Sheet 20 Staternent of Cash Flows 21-35 Notes to the Financial Statements
THE ACCESS TO SPORTS PROJECT TRUSTEES, AKNUAL REPORT (including Director's Report) FOR THE YEAR ENDED 31 MARCH 2025 The trustees present their annual directors, report together with the fmancial statements of the charity for the year ended 31 March 2025 and which have been prepared to also meet the requirements for a d1ctorS, report and accounts for Companie5 Act purposes. The fmancial statements 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 Practice applicable to charities Preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of ]reland (FRS 102) issued in octo1r 2019 and UK Generally Accepted Practice. Cliair's Rqiort Our charity works with people, and especially young people. from a broad spectrum of backgrounds, nationalities, ommunities, of differing ability and engagement levels, with many coming from disadvantaged background5 featuring high levels of poverty. and with most coming from ethnically diverse backgrounds. Our progrdmmes are therefore aimed at tackling the toxic combination of poverty, health inequality and physical inactivity which is reflect¢d in poor health, whilst also encouraging ater wmmunity engagement and community cohesion. As Chair, I am passionate of the benefits that sporting activities can have in helping children and young people to feel well supported and to help them to gain new lifelong skills and confidence, which will help them to become empowered and engaged in their local communities, and this in turn will help them to feel better connected and inspired, and ultimately lead to better mental and physical health outcomes. The 2025 financial year has seen a number of new and exciting developments for the charity, where alongside a fundrdising drive in early 2025 to increase funding for the charity's regular community-based programmes, there was also a renewed focus across the whole year to increase the participation of women and girls in all sports. This, combined with the chartty's success in November 2024, to become the sole provider of tennis coaching services across all of Haringey Council's park tennis venues, has tuibo-charged the charity's ability to provide high quality, community focused, sports coaching to more local people. The Haringey Council tennis c(Traching contract greatly complimentsthe charity's aims to 'stay local. and develop strong local networks across a range of sports, with the success of increasing participation in trnnis, also helping other local sports groups to thrive, a5 the more local people become physically active. the more they interact and become engaged in their local communities, which in turn further feeds greater participation in sporting activities. In addition, in 2025, the charity's focus and success in accessing and engaging with deprived local communities. using a wide range of community events. trips and compelitions. has provided a window into sport that many children and adults. would otherwise have been denied. This together with the charity's popular school holiday sports programme, which provides free of charg¢. fun sports and free food provision in local settings across Hackn¢y, Haringey and Islington, further addresse5 the barriers to participation, arising from the high cost of food and childcare. The success of these complimentary strategies to increase participation in sports is evidenced by the charity's high success rate in training and employing local people, with 550/0 of employees now being sourced from the charity's own l¢adership development programme, with a further 67 participants using their leadership qualifications to volunteer, either in our charity's own programmes, or with local sports groups. Local people teaching local people fiffther strengthens community engagement and cohesion.
THE ACCESS TO SPORTS PROJECT TRUSTEES, ANNUAL REPORT (including Director's Report) (Continued) FOR THE YEAR ENDED 31 MARCH 2025 Choir's Repork- continued The charity is delighted to report the following p05itive outcomes in 2024-2025 including, but not limited to: Extensive community centre, schools andhousing e5tate-basedprogrammes- comprising weekly terni-time and holiday programmes across multiple 5POrts and community settings, including 'free of charge, All Play Football community competitions. Holid¢ry sports programmes in every school holiday, provided 285+ free-of-charge programmes, and included 4,600 free lunches with more than 1,800 young people participating. The summer holiday programme alone delivered 137 week-long programmes of multi-sport camps and coaching ProarnMe$. Increasedparticipalion in women and girls programmes -the Active Islington girls programme, funded by the London Marathon Foundation, resulted in high engagement levels with 670 girls attendin& and 24 girls and young women being trained as sports coaches and leaders. The success of our community Tennis programmes was reflected, when in July 2025, at a national LTA ceremony, the charity was awarded the "Lthvn Tennis Associalion's Parks Venue ofihe Year 2024" None of these success1 projects, delivered by our dedicated team of local employees and volunteers, to improve the health, fitness, and wellbeing of our local community, through sporting skills and experiences, as participants, young leaders and coaches, would have been possible without the generous support of the charity's funders. Your continued support has enabled the charity to continue to reach and support some of the most disadvantaged communities in London. The Charity looks forward to continuing its successful and popular programmes in 2025-2026. Skevos Loizou Chair Objecllves andAcllvllies The Access to Sport5 Project is a sports development charity, working in the London Boroughs of Islington, Haringey and Hackney. The project supports local community organisations including sports clubs, schools, tenants associations and voluntary youth groups. We deliver tsrgeted sports development progrdmmes, which seek to increase and sustain participation in sport and recreation in the area in which we work. The strategies employed to achieve the charity's aims are to: Provide training for local people enabling them to become involved in sports coaching. Organise a range of accessible and affordable sports activities for young people. and Provide support and assistance to local organisations infrrested in sports. Putting these strategies into action we have four major areas of activity which are: sport5 activities and coaching programmes; sports events, competitions and residentials; accredited training, education, trdining and ernployment. supporting local groups and youth led programmes.
THE ACCESS TO SPORTS PROJECT TRUSTEES. ANNUAL REPORT (including Director's Report) (Continued) FOR THE YEAR ENDED 31 MARCH 2025 Public Benefit In shaping the objectives for the year and planning the charity's activities, the trustees referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewTng the charity's aims and objectives and in planning future activities. Main objectivesfor theyear and slrategies Objectives andsfrategv. To continue to develop programmes and partnerships with participants, groups and organisations to help ensure the sustainability and high quality service offer. To build the sustainability of the organisation by successfully bidding for ¢ontra¢ts and diversifying our income profile. We will also continue to develop our staff and volunteers to ensure continuous service improvement. Volunteers The charity SUPPOrted 67 volunteer5 during the year enabling them to develop skills and experience in the sports and sports development sector. Achievements and Performance During 2024-25 the Access to Sports Project successfully delivered a variety of free and low-cost, high-quality sport and physical activity opwrwnities, including: Sports activities and youth support for young people, alongside a growing programme of activities for older people, women, and people with disabilities. Accredited trainin& mentoring, volunteering, and employment support Partnership working and supporting local groups & youth led programmes. Islington, Hackney and Haringey are home to some of London's most deprived areas. These areas experience significant challenges including: higher rates of crime and balerS to housing and services lower income. employment, education and health outcomes The charity's work directly combats the challenges faced by underserved Communities. Sport provides huge benefits to individuals and communities by improving physical health, mental wellbeing and creating stronger communities. Sport England'5 reSeah shows that.. The social value of sport to Haringey, Islington and Hackney is valued at over £lbn in physical health, mental wellbeing and community development benefits. For young people aged 11-16, being physically active is worth £4,100 annually (physical, mental and social benefits). Every £1 spent on community sport and physical activity generates nearly £4 for the English economy and society.
THE ACCESS TO SPORTS PROJECT TRUSTEES, ANNUAL REPORT (including Director's Report) (Continued) FOR THE YEAR ENDED 31 MARCH 2025 The charity's projects also target communities that are underrepresented in sport, including" young people with disabilities, women and girls, and BAME communities. Unfortunately, the cost-of-living crisis and culs in local authority budgets are making participation In sports even more inaccessible to those who need it most. Access to Sports works to tran5fomi lives and communities through 5POrt. In 2024-25 the charity made a difference in the following ways: Empowering Yowig People In 2024-25, more than 5,600 young people participated in the programmes, with 2,400 girls and young women participating. Over 2,200 young people joined free school holiday activities. where more than 4,000 lunches to support families were provided. Creafing Opportunifies in the Community 68 sports coaching sessions were delivered every week across local estates, parks, and community venues. During school holidays, 281 free programmes were offered in a wide fdnge of sports in accessible locations. 164 people gained sports coaching and leadership awards and accreditations, and 67 volunteers are actively delivering community sports. 28 individuals secured employment in the community and sports sector, with 550/0 of our staff being local people trained by Access to Sports. Changing Livesfor ihe Betler Young people who joined our programmes reported: 940/0 made new friends and 930/0 improved their teamwork skills. 920/0 felt healthier. and 94% became more active. 890/0 gained confidence, and 870/0 felt they could be relied upon more. By delivering aCc51b[e and inclusive sporls programmes, this supported improvements in physical health and mental well-being and helped to build stronger communities and equip individuals with the skills and confidence needed to thrive. Key to the charity's success was the focused local nature of its delivery, where activities were provided in a variety of community locations. These included: Housing eslates.. Stamford Hill, New Orleans, Wigan House. Wrens Park, Mayville, Northwol4 Elthorne, Andover, King Square, Marquess, Westbourne, and Woodberry Down, Fawcett, Shelgrove, Harvist, Crouch Hall court. Keidge Court. Highbury Quadrant, Kings Crescent, Yorkshire Grove. Bemerton. Leisure, community centres andparks.. Finsbury Park, Millfields Park, Hackney Downs Park, Sobell Leisure Centre, Finsbury Leisure Centre and Elthorne Park. Youth and community centres.. Forest Road, The Edge and Lift, and Rosebowl. Schools and colleges.. Petchey Academy. Arts & Media School - Islington, Stomont House, Grafton, Montem, Ashmount, Jubilee, Skinners, Pooles Park, Pakeman, Woodbery Down, St Lukes, Moreland. amongst others.
THE ACCESS TO SPORTS PROJECT TRUSTEES, ANNUAL REPORT (including Director's Report) (Continued) FOR THE YEAR ENDED 31 MARCH 2025 Jn Islingion, work with Islington Council, Greenspace & Leisure, Health and Social Care, and Play & Youth Services saw delivery of a wide-reaching free of charge progrdmme of housing estates and community-based sports and physical actlvlty delivery. Across the year. on a weekly basis. 35 sports coaching sessions comprising more than 18 differentsports were provided. Sessions from archery and basketball to tennis and volleyball weTe provided. A total of 3,600 young people participated and 1,340 girls and young women participated. A new programme of volleyball was introduced at London Metropolitsn University for ages 8 -1 l and 12+ and Proved a strong addition to our offer, attracting large numbers of young people, including a significant number of girls and young worne many of whom have not engaged in Access to Sports programmes b¢fore. Popular housing estate-based sports programmes were delivered both on a weekly basis. and during school holidays at Islington housing estates and local community centres, youth hubs, parks, and leisure centres. These were delivered in partnership with Islington Housing's communities team, Isledon youth hubs and alongside youth workers from Islington's tsrgeted youth support team. A key element of the work has been to 'open up, opportynities for young people on housing estates to engage in new and additional programmes on offer locally. An example of this includes 45+ young people from Mayville, Andover and Harvist housing estates, who joined basketball programmes in Holloway after engagement in the housing eslates programme. This is reflective of the sport and physical activity network which h&s been successfully established for young people across Islington. In Hackney, work with Young Hackney, Hackney Housing and other partners provided a year-round programme of community-based sports & physical activity, as a means to support young people's development. As well as sporting participation, young people and families were also provided with inforniation, advice and guidance, and signposting and support, leading some of these young people to join Access to Sports, leadership and accreditation programmes, or programmes delivered by local youth hubs or other services. During the year, regular weekly programmes were delivered at Woodbery Down, Wrens ParK Stamford Hill, The Mount, Fawcett, Whiston & Goldsmith Estates and at Stonnont House School for young people with SEND, Millfields Park and Finsbury Park. The partnership with Young Hackney saw weekly activity provided at both the Forest Road youth hub in Dalston, and the Edge Youth Hub in Manor House. The charity's close partnership work with the Guinness Parthership housing trust saw the establishment of a strong programme of delivery on the Stamford Hill estate. engaging with over 170 young people. This programme supported local children and families with a community offer featuring 5POrt4 youth 5upporL fd provision, educational activities and trips and visits to ice-skating and the Olympic Velo park. The partnership with Guinness Partnership and Hackney MUGA (Multi use games area) working group. saw the launch of ambitious plans to redevelop two outd(M)r sports pitrhes on the Stamford Hill and Northwold Estates. This Proposed plan will introduce the Football Foundation's Play Zones sch¢me5 at both STtes, whi¢h will feature new and improved floodlightin& surfacing, high-quality fencing and controlled access gates. Once complefrd. it is anticipafrd that the new state of the art facilities will enable delivery of high quality, free and low cost programmes for priority groups: children and young people, families, people with disabilities, and women and girls.
THE ACCESS TO SPORTS PROJECT TRUSTEES, ANNUAL REPORT (including Director's Report) (Continued) FOR THE YEAR ENDED 31 MARCH 2025 During the year. the charity worked with team building charity 03e and the Percy Billon Charity, who both provided donations of sports equipment. Charity 03e made a donation of skateboards, which were used to introduce new skateboarding sessions at Finsbury Park. In addition, skateboards were donated to 12 young people at the Eastway Youth Sports Hub in Hackney. Percy Bilton provided funding to support provision of games and sports equipment to facilitate additional activities on the Stamford Hill Estate. The delivery of a wide range of commiinity even¢s, fyndays, trips and competitions helped to promote and showcase Sports and physical activities and encourage new participation. These were aimed at bringing eststes and communities together as well as showcasing and celebrating achievements and developing sporting ability. The partnership with Lee vall Aurhority and Berrer Leisure delivered a regular offer of ice-skafing visits to the Lee Valley Ice rink during school holidays, with a total of 220 young people participating. The charity a150 SUPPOrted estate and copnmunityfvndays at various locations, including Stamford Hill, NorthwolLI Andover, HarvisL Bemerton estates and King Square. Elthorne. Islington Peace Cup, All Play football events, and leisure, community and park open days. A series of All Play Football competitions were provided to tackle the participation barriers facing many of the young people with whom the charity works. The aim of the competitions was to give the participants of the weekly community football sessions (especially for those who were not able to join a club), the chance to play in a compditive and fun football tournamen¢ without the barrier of cost or ability. The All Play tournaments were offered free of charge. with football kits provided for the teams. 30 All-Play community competitions were delivered throughout the year during the half ternis. summer. and Christmas holidays. with teams of young people joining from various local estates and communities. In August, a partnership with Arsenal in rhe Community and the Finsbury Park Sporf Parfnership enabled more than 100 young people from a variety of estates and communities to participate together, in a celebratory Olympic themed day of athletics events, fun games and activities A kryfocus during theyear has been programme delivery, designed to increase participation amongst women andgirfs. The Active Islington Girls programme has been a notable success, funded by the London Marathon Foundation and Islington Council, and working in partnership with local schoo15, Islington Healthy Schools team, and Better Leisure. An extensive package of weekly sessions for girls and young women was provided. These were delivered in both schools and community settings. Engagement levels were very high, and resulted in overall increases in girls, participation across all programmes. D,uring the year. 670 Girls attended 24 girls and young women were trained as sports coache5 and leaders 87 girls participated in holiday ice skating activities New weekly programmes were offered in basketball, roller skating and volleyball. I I Schools have benefitted from the programme.
THE ACCESS TO SPORTS PROJECT TRUSTEES, ANNUAL REPORT (including Director's Report) (Continued) FOR THE YEAR ENDED 31 MARCH 2025 The charity continued to deliver progrdmmes of activity to support people with disabilities to take part in sport and physical activity. The weekly tennis and multi sports sessions, delivered in partnership with Haringey Council and Pedal Power. a community cycling club for people with a learning and/or physical disability. continue to be impactful. During the year, the charity continued to support a growing number of young people with disability and additional needs, participating IT] our universal programmes of weekly and holiday delivery. A continued partnership with Storniont House School in Hackney, for young people with special educational needs andlor disabilities. aged 11-17 saw the delivery of tenn-time weekly activities and school holiday multi-sport progrdmmes. The school holiday programmes continued to be hugely popular with both parents and children. Free of charge. sports and f(x)d programmes were provided in local settings across Hackney. Haringey and 1slingLon to address the high cost of childcare provision, food poverty, inactivity impacting children and families during school holidays. During the year: Programmes delivered in Summer, Easter, Christmas and all half terni holidays Key delivery locations included: Andover Estate N7, Elthorne Park N19, Finsbury Leisure Centre ECI V, Stamford Hill Estate N16, London Metrop)litan University N7, Mayville Estate Nl 6, Petchey Academy E8, and Finsbury Park N4. Programmes were offered in a wide range of sports & physical activities frotn archery and basketball to tennis and roller-skaiing. 285+ free of charge holiday programmes delivered in a wide range of sports and locations. More than 2,200 young people taking part in school holiday activities. 4,600 lunches provided to young people during school holidays. The summer holid(ry programme is a key delivery period, and in July and August an extensive programme provided 137 week-long programmes of multi sports camps and coaching programmes in basketball, archery, ftball, tennis and gym and fitness classes. The programmes were funded by Holiday Activity Fund teams in Islington, Hackney and Haringey. Activities were delivered in 20 locations including parks and housing estates and local leisure facilities. Alongside these free of charge sporting activities, young people were offered the opportunity to take part in trips and visits and lunches were provided to participants. At Finshijry Park in Haringe.y, x r.nmprp.hen8ive. pmgrnmmp. nf 8pnrts Ar.tivitie.8, le,ade,rship trAinine, cvents and competitions was offered. Programmes were delivered in every holiday period and made use of the park's sporting facilities to provide a wide range of sporting opportunities. Programmes included roller skating. skateboarding at the new Skate Plaza. tennis coaching, basketball. volleyball, athletics and multi sports. The holiday camps at Finsbury Park remain hugely popular with childrell and families, and during the sutnmer holidays gUlarlY daily attendances were between 150-250 children and young people. During summer 2024. work with Isledon CIC and Islington Council saw delivery of a highly successful Summenpersity 5POrt5 programme. Sutnmetversity gives young peopl¢ aged 13+ who live or go to school or college in 151ington, the chance to learn new ski115, develop interests and talents through a broad programme of sports, arts, and educational activities. 20 week-long courses and training workshops were delivered. Tag archery, athletics, volleyball, and basketball for girls were amongst the courses delivered. 244 young people participated (926 attendances) and gained new skills and qualifications.
THE ACCESS TO SPORTS PROJECT TRUSTEES. ANNUAL REPORT (including Director's Report) (Continued) FOR THE YEAR ENDED 31 MARCH 2025 Tennis 2024-25 saw further development to both the Finsbury Park tennis and cofftmunity tennls coachlng programvnes catering for both children and adults. The Finsbury Park Tennis courts, which the charity operates on a long-terni lease in parthership with HaTingey Council and the Finsbury Park Sports Partnership. again saw high levels of participant uptake in court booking5 and coaching programrnes. The partnership with Tennis for All CIC, the Lawn Tennis Association, and Haringey and Islington councils, enabled a growing progrdmme of community tennis activity. Annual highlights: Awarded Lawn Tennis Association's Parks Venue of the Year 2024 at a cereTnony in July 2025. Funding from the LTA Tennis Foundation enabled the development of a tennis offer acr05s south Islington, featuring extensive coaching delivery at Rosemary Gardens Tennis Courts. Free of charge cornmunity tennis sessions were held across a variety of spaces, including Guinness Trust estate, Eritrean Youth Club, Andover estale, Kings Square estate, Kings Crescent estate, Rosebowl youth hub and Elthorne Park. In November 2024, the charity became Haringey Council's solely approved parks coaching provider, covering seven venues in Haringey. This contract has enabled the *miis programme to expand significantly. Free of charge tennis holiday camps, offered in every school holiday, in various locations, reached more than 1,000 young people 2024125 Tennis highlights include (continued).. 36 weekly junior and 27 weekly adult sessions were delivered across seven park venues. The venues used were Finsbury Park. Rosemary Gardens, Downhills Park. Down Lane Park, Chestnuts Park, Priory Park and Stationers Park. A variety of programmes were offered. Mini Red, Orange, Green, Yellow. and squad sessions for junior players and Beginner, Interniediate, Advanced, Team Training, free Women, s Only social, free 60+ coaching session and LGB TQ+ inclusive coaching for adults. Work with the Black Tennis Mentors project saw the launch of bi-weekly sessions to better engage members of the Black and African Caribbean communities into tennis. Wevkly Nvilli Luiiduii Lub-51. LGBTQF iliLIusiv¥ I'dll dL('US5 Ili¥ y¥(U, dii¢J uv¥iall iiiviiib¥1511ip grew to more than 400 people.
THE ACCESS TO SPORTS PROJECT TRUSTEES, ANNUAL REPORT (including Director's Report) (Continued) FOR THE YEAR ENDED 31 MARCH 2025 Accredited iraining, educatio4 employment & volunteering Equipping local people with the skills and qualifications to lead sporting activities within their own communities is a key part of the charity's work and has seen Access to Sports build a track-record of developing skilled local people and group5. A range of sports coaching, leadership, and Duke of Edinburgh awards was offered. The training enables local people to gain skills and qualifications in sports coaching an(L for many. provides a stepping stone into community sport employment or volunteering. Most of the charity's staff are local people who have gained their qualifications with Acce5S to Sport5. Training was offered in a variety of sport5. and delivered in partnership with local sports groups. Learners were supported with volunteering, work-plac¢ments, and employment opportunities. 164 people gained sports coaching and leadership awards and a¢creditation4 and 67 volunteers are actively delivering community-based sports. 28 individuals secured employment in the community and sports sector, with 550/0 of our staff being local people trained by Access to Sports. 32 young people have taken part in supported volunteering and work placements. Coaching and Leadership Awards offered include Basketbaii Level I, Sports Leaders Level 2, Duke of Edinburgh Awards Bronze. Football referee5' course. Football Level I, Tennis level l & 2 and Archery Instructor awards. Youth sports courses offered during the year included: Football Leadership (Playmaker), Basketball Activators, Young Leaders Award. Sports Leaders Level I, ASDAN Sport & Fitness, Tennis Leaders. Access to Sports, leadership and training offer for local people has seen young people enter leadership positions both as sports coaches and leaders. The charity's leadership academy h&$ seen young people enter volunteering and employment. Satisfaction levels were high all areas: 950/0 said it was likety or very likely that they would recommend The Access to Sports Project to a friend or colleague. 8W/o felt that taking part in training has improved chances of gaining employment. 950/0 indicated that they developed 'better leadership, skills. 930/D indicated that they are 'better able to 'communicate'. 9W/o of participants felt that the courses were of benefit to the wider community
THE ACCESS TO SPORTS PROJECT TRUSTEES, ANNUAL REPORT {in¢luding Director's Report) (Continued) FOR THE YEAR ENDED 31 MARCH 2025 Parlnership working We worked closely with many organi5ations, sports clubs and ¢ommunity and voluntary groups throughout the year. A listing of the partners is included in the table below: Arsenal in the Community B6 6th Fonn College Black Tennis Mentors Capital Kids Cricket City and Islington College Centre 404 Copenhagen Youth Project Concorde Youth Hub Duke of Edinburgh A ward Elizabeth House Community Centre Eritrean Youth Club Finsbury Park Rugby Club Finsbury Park Sports Partnership Forest Road Youth Hub Give it your Max. Greenwich Leisure Ltd. Guinness Partnership Housing Hackney CVS Hackney Play Association Hackney Housing Hackney Marsh Partnership Hackney MUGA working group Hackney Quest Hackney Sports UnTt Haringey Active Wellbeing team Hornsey Lane Community Association Isledon CIC Islington Borough Ladies F.C. Islington Children's Service Islington Faiths Forum Islington Football Development Partnership Islington Housing & Community Partnerships Islington Leisure Team Islington Mind Islington Play Association IsliDgton Targeted youth support Islington Youth Sports Development Jack Petchey Foundation Lawn Tennis Foundation Lift Youth Hub London Football Association London Sport London Metropolitan University London Heathside Athletics Club London Youth Mayor of London & Greater London Authority Mentoring Lab Mildmay Community Centre Middlesex Lawn Tennis Association Muslim Welfare House Northwold Community Centre 03E Pedal Power Middlesex Cricket Board Plarforn] Youth Hub ProActive Islington Rosebowl Youth Club Skyway Snowcamp Southern Housing Group Sport England Sport Islington Stonnont House School StreetGarnes Tennis for All CIC The Wickers Charity The Edge Youth Hub The Leaside Trust UK Coaching- 1st for SpK)rt. Voluntary Action Islington Young Hackney io
THE ACCESS TO SPORTS PROJECT TRUSTEES. ANNUAL REPORT (including Director's Report) (Continued) FOR THE YEAR ENDED 31 MARCH 2025 Financial Review During the 2025 financial year, the charity operated a full programme of activities, with donations and other grants of £896,132 (2024: £776,291) representing an increase of £119,841 (15 %). versu5 a decrease of £56,143 (70/0) in 2024, and seeing a return to income that 15 closer to the charity's 2023 income of £832,434. The main increases in this year's charitable income came from training services of £48,620 (41 /0 of the increase). relating to tennis court hire and tennis coaching services- with a further £52.250 (44 /0 of the increase) related to an increase in income from Tennis for All CIC, to whom the charity provides support services. The charity also received increased funding from the LTA of £32,200 (2024: £16,475), the London Marathon Foundation of £25,000 (2024: £15,000), the Lolldon Borough of Haringey of £48,138 (£30,916), Isledon CIC of £44,660 (2024: £38,654) and, significantly, from our b1eSt funder, the London Borough of Islington of £303,554 (2024: £282,154). These increases in funding in 2025, helped the charity to mailltain its incorne levels after a reduction in fvnding of £71,261 from the London Borough of Hackney, who nevertheless are still the charity's second biggest funder in 2025, with very generous funding totalling £129,659, of which £119.696 was restricted income. During 2025, total net in¢ome was £91,118 (2024: deficit of £75,432). with £15,000 of this year's sutplus fid3 being used to help build up the designated reserves nd, which is a ndIng requirement of LTA, to ensure there are enough funds available to resurface the tennis courts every l O years. The floodlit tennis courts at Finsbury Park continued to generate increasing levels of court hire revenue, with total revenue of £140283 (2024: £98.892). Whilst income from running tenni5 coaching courses also increased in 2025 to £39,258 (2024: £31,519). Due to the short-terni nature of most funders, and majority of whom operate on a 12-month ndIng cycle, the charity is always at risk of losing a funder; however, in 2025, the charity managed to increase its overall income from fi]nders. This ndIng income has enabled the charity to maintsin its regular operating activities throughout the year. In 2025. the charity had lower total expenditure of £805,014 (2024: £851.723) due to three main factors: a) a one-off repair to the tennis courts in 2024 of £25,080 b) a £15,712 reduction in accredited training direct costs in 2025 and c) a £10,715 reduction in food provision expendire in 2025. Despite ongoing funding risks, the charity's strategy of low fixed costs and flexible variable costs, as well as robust reserves, has enabled the charity to withstand reduced income (in 2023 and 2024) so thaL now, in 2025, the charity, has returned to overall net illCOTne. This ability to bounce back from challenging financial shocks is evidence that the charity can continue to operate as a going concern into the futUTe. Reserves Policy The purpose of the reserves policy is to ensure that the charity is able to meet its ongoing contractual obligations and finance filture charitable activities of the organisation. The level of free reserves (excluding restricted funds) is reviewed annually by the Directors. In a period when the UK economy is struggling to grow, and local authority budgets are being squeezed even further, especially due to inflation eroding spending power, the Directors consider that the most appropriate level of free reserves is between seven and ten months of budgeted future operating expenditure" to be able to withstand a prolonged drop in fundin& but also to help manage uneven cash flows. due to most funding grants being paid in arrears. rather than uFfront. As at 31 March 2025. budgeted expenditure for 2024125 was £850.000. giving a minimum targeted reserve of £495,833. The current level of free reserves at 31 March 2025 was £585,997 which represents just over eight months of budgeted operating expenditure, and which is considered to be a prudent Icvel of reserves to withstand the ongoing uncertainty of funding income streams.
THE ACCESS TO SPORTS PROJECT TRUSTEES, AKNUAL REPORT (including Director's Report) (Continued) FOR THE YEAR ENDED 31 MARCH 2025 Reserves Poliry (confimled) Incorporated in the free reserves of £585,997 is a facility development fund of £87,500. This fund has been separately designated to provide suificient funds for future development of the tenni5 Court facilities at Finsbury Park. Once the facility development fund has been deducted from these free reserves, this leaves seven months of unrestricted free reserves of £498.497. which is just over our minimum taiEeted reserve of £495,833. Principal Funding Sourcas In order to limit exposure to any one funder, the charity endeavoured to expand its funding sources. however. similar to 2024, the tnajority of ndIng continued to come from a small number of large funders. In 2025. 67 /0 of total revenue came frotn five fimders (77 % in 2024). This is a potentially risky situation as the loss of one major funder would result in a major contraction of seryices and staft, and greatly affect the local communities that we support. At present, and for the foreseeable future. most of the charity's funders (small and large) can only offer one-year funding grants. however despite this constraint, we are very grateful to the following funders who have provided significant funding to the charity during the year: Greenwich Leisure Ltd, Isledon CIC, Jack Petchey FoundatTon, Lawn Tennis Association, London Borough of Hackney, London Borough of Haringey, London Borough of Islington, London Marathon Foundation, Percy Bilton Charity, Prism Charitable Trust and Tennis for All CIC. Pricing Policy Our pricing policy reflects our strategy of enabling as many people as FM)ssible in our local communities to participate in our varied programmes at either no Cost or low cost. In addition, our tennis court pricing policy for court bookings, which enables the public to book tennis courts, is set at the lower end of the price range. when compared with the price of EK)oking a court at other local community operated tennis courts. Due to the very high increase in electricity costs, the floodlight surcharge fee was increased from 7th May 2024 from £4 per hour to £5 per hour. So, when combined witb the court hire fee of £7 (for peak evening periods), this gave a total hourly price of £12 per hour for playing at night with floodlights. During the year ended 2025, our adult prices were: £7 per court for peak periods (prior to 7, May 2024, £6 per court). £12 per court for floodlit courts (previously £1 O per court prior to 7 May 2024), £4 per court for off-peak periods (£3 per court in 2024), and free of charge on weekdays 10am - 12pm (prior to 7th May 2024. it was free of charge from loam). Whilst for children agedunder 18years. the two mini-courts were free of charge weekdays from 4pm- 6pm and during weekends from 9am - 4prn. For Finsbury Park tennis coaching courses. for children aged 6 - 19 years. the charity runs free Tennis Camps every half tern) and Easter and summer school holidays. Outside of these free holiday Tennis Camps. the charity also offers free weekend teenage frnnis sessions, as well as weekly coaching courses at the following rates: For adults: £10 per hour coached session (prior to l January 2025: £9 per hour coached session): For children= £5 p¢r hour coached s¢ssion (prior to l January 2025= £4 per hour coached session). For Haringey parks tennis coaching courses, which started in November 2024, we charged £6 per hour for Children's sessions and £1 O per hour for adult sessions. 12
THE ACCESS TO SPORTS PROJECT TRUSTEES, ANNUAL REPORT (including Director's Report) (Continued) FOR THE YEAR ENDED 31 fYtARCH 2025 Plansfor Future Perlods In 2026, the charity is planning to continue to operate similar levels of charitable activities to 2025, with its two main funders (London Borough of 151ington and London Borou7 of Hackney) both having agreed to provide funding in 2026, although, in the case of the London Borough of Hackney, the main fimding grant for 2026 has been reduced from £150,(K)O down to £44,600. The charity continues to see high dernand for sport and physical activity from both funders and the public. In addition. due to the charity's experience of n]nning and managing the floodlit tennis courts at Finsbury Park. in 2025 the charity plans to fiDther expand its community tennis court coaching programmes at other tennis court facilities in Haringey. Reference andAdministrative Delails Charity regislralion number.. 1122243 Comp(my registration number.. 04402633 Regrstered o]fiGe.' 8 Blackstock Mews, London N4 2BT Principal office.. Sobell Leisure Centre, Hornsey Road London, N7 7NY Directors and Trustees The Board of trustees constiMtes directors of the company for the purpose of company law and trustees for the purpose of charity law. The SteeS serving during the year and since the year end were as follows: Gary Beckft)rd David Blundell Maria Ghile Peter Jones Skevos Loizou No trustee received any remuneration for services during the year (2024 - nil). nor did they have any beneficial interest in any contract with the chaiity. ChlefExecute Officer." John Colin Mackinnon Independeni Examiner.. Barcant Beardon Limited Chartered Accountants 8 Blackstock Mews Islington London N4 2BT Bankers.. HSBC pl¢ 312 S¢v¢n Sister5 Road Finsbury Park London N4 2A W 13
THE ACCESS TO SPORTS PROJECT TRUSTEES. ANNUAL REPORT (including Director's Report) (Continued) FOR THE YEAR ENDED 31 MARCH 2025 Slructure, Governonce and Management Governing Documenl The organisation is a company limited by guarantee, incorporated on 25 March 2002. The company was established under a Memorandum of Association which established the objects and powers of the Company and is governed under its Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £1. Recruilmenl andAppoEntment of Trustees Under the company's Articles, the directors of the company are known as members of the Management Committee. Under the requirements of the Memorandum and Artjcles of Association the members of the Management Committee are elected to serve for a peri of three years after which they must be re-elected at the next Annual General Meeting. During 2025, both Skevos L1ZOU and Gary Beckford retired and being eligible. offered thernselves for re-election. The majority of the Access to Sports Project's work 15 focused upon young people. The Management Committee therefore seeks to ensure that the needs ofthis group are appropriately reflected through the diversity of the management committee. The more traditional busine55 skills are well represented on the Management Committee." In an effort to mainlain a broad skill mix, members of the Management Committee are requested to provide a list of their skills (and update it each year) and in the event of any particular skills being lost due to retirements, individuals are approached to offer themselves for election to the Management Committee. Trustees Induction and Training The management committee are already familiar with the practical work of the comp.any and are invited to visil and observe a number of activities throughout the course of the year. Also, members, through inforniation sharing sessions are familTarised with: The obligations of Management Committee members. The main documents which set out the operational framework for the company including the Memorandum and Articles. Resourcing and the currènt financial position as set out tn the latest published accounts. Business plans and future plans and objectives of the charity. New trustees undergo an induction of the charity with the Chief Executive Officer and fellow trustees. Organisalional Struclure The Access lo Sports Project has a Management Committee of 5 members who meet, at least quarterly and are responsible for the strategic direction and wlicy of the company. At present all the Management Committee come from professional backgrounds relevant to the work of the company. The Chief Executive Officer (CEO), who is also the Company Secretary, also sits on the Management Committee but does not have voting rights. Key Management Personnel Remuneration The Management Committee (also known &$ the trustees) and the Chief Executive Officer (CEO) comprise the key management personnel of the charity, as they oversee: directing and controlling the charity, and running and operating the charity on a day-to-day basis. 14
THE ACCESS TO SPORTS PROJECT TRUSTEES, AT4tNUAL REPORT (including Director's Report) (Continued) FOR THE YEAR ENDED 31 MARCH 2025 Slruclure, Governance and Managemenl- continued Key Management Personnel Remuneralion- continued No members of the Management Committee are specifically paid for their services. they give of their time freely. Details of expenses paid to trustees are disclosed in Note 9 to the accounts. Trustees are required to disclose all relevant interests and register them with the Chair and withdraw from decisions where a conflict of interest arises. The Chief Executive Officerfs pay and remunerdtion is paid directly by the charity and is disclosed in Note 10.2 to the accounts. The CEO'S remunerdtion is set by the trustees and is reviewed annually in line with comparable charity CEO roles and also with consideration to the level of responsibility, workload and achievements of the CEO. Rk Management The Management Committee undertakes regular reviews of the major risks to which the company is exposed. Where appropriate, systems or procedures have been established to mitigate the risks the company faces. Significant external risks to funding have led to the ongoing development of a strategic plan which allows for the diversification of funding and activities. Internal control risks are minimised by the implementation of procedures for authorisation of all transactions and projects. Procedures are in place to ensure compliance with health and safety of staff, volunteers and participants, as well as compliance with government rules on employment of staff, including both UK and non-UK Nationals. Related Parti In so far as it is complimentary to the company's object4 the company is guided by both local and national policy. 15
THE ACCESS TO SPORTS PROJECT TRUSTEES, ANNUAL REPORT (including Dyrector's Report) (Continued) FOR THE YEAR ENDED 31 MARCH 2025 Statemeni oflhe Trusiees, Responsiblliil£g The trnstees (who are also directors of The Access To Sports Project for the purposes of company law) are responsible for preparing the Trnstees. Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting StaDdards (United Kingdom Generally Accepted Accounting Practice). Company law require5 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 incoming resources and application of resources. including the income and exndire. of the charitable company for the financial year. 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 Charitie5 SORP 2019 (FRS102)" Make judgements and estimates that are reasonable and prudenL State whether applicable United Kingdom Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements. Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will conttnue in operation. 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 that the financial slatements 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 This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006. On behalf of the board Skevos 1ZOll Member of the Board of Trnstees 16
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE ACCESS TO SPORTS PROJECT I report to the charity trustees on my examination of the accounts of the company for the year ended 31 March 2025, which are set out on pages 18 to 35. Responsibilllles and bosis of reporl As the charity trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in a¢cordan¢e with the requirements of the Companies Act 2006 ("the 21J)6 Act"). Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your company's accounts as carried out under section 145 of the Charities Act 2011 ("the 201 l Act"). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. Independenl thimlner's statement Since the company's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 201 l Act. I confinn that I am qualifjed to undertake the examination because I arn a member of The Institute of Chartered Accountants in England and Wales, which 15 one of the listed bodies I have completed my examination. I confm that no m.atter has'come to my attention in connection with the examination giving me cause to believe that in any material respect: accounting records were not kept in respect of the company as required by seclion 386 of the 2006 Act. or the accounts do not accord with those records" or the ¥¢ounts do not Comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'twe and fair view, which is not a matter considered as part of an independent examination; or the accounts have not been prepared in accordaT]ce with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. 18 2oLS Shu Fen Chung FCCA ACA BARCANT BEARDON LIMITED Chartered Accountants 8 Blackstock Mews Islington London N4 2BT 17
THE ACCESS TO SPORTS PROJECT STATEMENT OF FINANCIAL ACTIVITIES (INCLUDfNG INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2025 Notes Reslricted Unrestricted Funds Funds Total Funds 2025 Total Funds 2024 Income and endowmentsfrom" Donations and legacies Charitable activities Investments 44,925 481,093 7,852 354,225 8,037 52,777 835,318 8,037 35,955 734,906 5,430 Total income and endowrnents 18 526,018 370,114 896,132 776,291 Expenditure on.. Costs of raising funds: Fundraising costs Charitable activities 19,000 524,320 19,000 786,014 26,268 825,455 261,694 Total expenditure 543.320 261,694 805,014 851.723 Net income/(expenditure) 18 (17,302) 108,420 91,118 (75,432) Reconcilialion offynd Total funds brought forward 160,516 477,577 638,093 713,525 Total funds carried forward 143214 585,997 729,211 638,093 The statement of financial activities includes all gains and losses recognised during the year. All income and expenditure derive from CODtinuing activities. 18
THE ACCESS TO SPORTS PROJECT BALANCE SHEET AS AT 31 MARCH 2025 Notes 2025 2024 Fired assets 13 182,983 201,382 cuent assets Debtors Cash at bank and in hand 14 119.934 620.672 59.523 549.791 740,606 (160.628) 609,314 (131.353) Creditors: amounts falling due within one year 15 Net awrent aysets/ (liabilities) 579.978 477.961 Total Assets Less Current Liabililies 762,961 679J43 Creditors: amounts falling after one year 16 (33,750) (41,250) Nei Asye¢s 729,211 638.093 Charityfunds Restricted funds 143,214 160,516 Unrestricted funds General Funds Designaled Fun&Y 18 18 498,497 87,500 405,077 72,500 Total Unrestricted ndS 18 585,997 477,577 Total charity funds 729.211 638,093 For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 Companies Act 2006 relating to small companies. Directors. responsibilities= The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These financial statements are prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. Signed on behalf of the board of trystees FLal( i6liQ115 David Blundell Member of the Board of Trustees The notes on pages 21 to 35 fonn part of these flnancial statements. Company registration number: 04402633 19
THE ACCESS TO SPORTS PROJECT STATEMENT OF CASH FLOWS FOR THE YEAR ENDtNG 31 MARCH 2025 Notes 2025 2024 Net Cash used in operating 8Ctivities 69,205 (63.258) Cash flows from investing activities Interest Encome Purchase of tangTble fixed assets 8,037 (6,361) 5,430 (3,514) Cash provided by (used in) investing activities 1,676 1.916 Cash flows from booking deposit5 Repayment of booking deposits Cash used in repayment of booking deposits Increase (deerease) in cash and cash equivalents in the year 70,881 (61J42) Cash and eash equiv81ents 8t the beginning of the year 549,791 611.133 Total Cash and casb equivalents at the end of the year 620,672 549,791 Anatysis ofcask and cash eq[ValentS Cash in bank and in hand 620,672 549,791 Cash and cash equivalents at the end of the year 620,672 549,791 20
THE ACCESS TO SPORTS PROJECT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 1.0 Accounling Policies The principal accounting policies adopted. judgements and key sources of estimation uncertainty in the preparation of the r]nancial statements are as follows: l. l Genera! information and basis ofpreparalion The Access To Sports Project is a company limited by guarantee incotporated in the United Kingdom. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity. The registered ofFice is: 8 Blackstock Mew% London N4 2BT. The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Prdctice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), the Charities Act 201 l. the Companies Act 2006 and UK G¢ncrally Accepted Practice. The financial statements are prepared on a going Concern basis under the historic cost convention. The financial statements are prepared in sterlin& which is the functional currency of the company. Monetary amounts in these f]nancial slatements are rounded to the nearest £. 1.2 Ft4ndAccounling Unrestricted ndS are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes. Unrestricted funds are donations and other income received or generated for the objects of the charity without further specified purpose and are available as general funds. Designated funds are unrestricted funds earniarked by the trustees for particular purposes. Restricted funds are subject to restrictions on their expenditure imposed by the donor. 1.3 Income recognition All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity is legally entitled to the income after any perforniance condition5 have been tnet, the amount can be measured reliably and it is probable that the income will be received. For donations to be recognised the charity will have been notified of the amounts and the settlelnent date in writing. If there are conditions attached to the donation and this requires a level of perfortnance before entitlement can be obtained then income is deferred until those conditions are fully met or the fulfilment of those conditions is within the control of the charity and it is probable that they will be fvlfilled. Income from trading activities includes income earned from fundraising events and trading activities to raise nds for the charity. Income is received in exchange for supplying goods aDd services in order to raise funds and is recognised when entitlement has O¢CUTred. Income from government and other grants are recognised at fair value when the charity has entiilement after any perfonnance conditions have been met, it is probable that the income will be received and the amount can be measured reliably. If entitlement is not met then these amounts are deferred. Interest income is recognised when receivable and the amount can be measured reliably by the charity. this 15 nonnally upon notification of the interest paid or payable by the Bank. 21
THE ACCESS TO SPORTS PROJECT NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31 MARCH 2025 1.4 Eypenditure recognitio ExpenditUTe is recognised on an ¢rUal basis where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following headings: Costs of raising llds comprise the costs incurred on activities that raise funds. Expenditure on charitable activities comprises those costs incurred by the charity in the delivery of its activities and services. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Other expenditure repre5ent5 those items not falling into any other heading. Irrecoverable VAT is charged as an expense against the activity for which expenditure arose. 1.5 Support costs allocation Support costs are those functions that assist the work of the charity but do not directly represent charitable activities and include premises overheads, office, finance and governance costs. They are incurred directly in support of expendirnre on the objects of the charity. Wthere support costs cannot be directly attributed to particular headings they have been allocated to C05t of raising funds and expenditure on charitable activities on a basis consistent with use of the resources. 1. 6 Operating leases Rentals payable under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease. 1. 7 Tangiblefixed assets Tangible fixed assets which have a useful life greater than one year are capitalised at Cost and depreciated over their estimated useful economic lives on a straight line b&sis as follows: Office equiprnent 4 years Tennis Legal, Fencing. Lighting Computer equipment 3 years Tennis court surface Sports Equipment (srnall) 2 years Sports Equiprnent (Large) 4 years 20 years l O years 1.8 Debtors Trade and other debtors are recognised ai the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid, net of any trade discounts due. 1.9 Cash at bank and in hand Cash at bank and cash in hand includes cash and short tenn 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. 1.10 Creditors andprovisions Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will Probably result in the transfer of fimds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are nomially Tecognised at their settlement amount. 22
THE ACCESS TO SPORTS PROJECT NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31 MARCH 2025 l. J I Provisions Provisions are recognised when the charity has an obligation at the balance sheet date as a result of a past event, it is probable that an oufflow of economic benefits will be required in settlement and the amount caTK be reliably estimated. l. J2 Pensions The company operates a defined contribution scheme with National Employment Savings Trust ("NESV) for the benefit of its employees. with contributions from both the employee and the employer set at the level required by the Pensions Regulator. For 2025 (ond 2024), the employees contributed 50/0 of their earnings above the qualifying threshold of £6,240 annually (or £520 monthty) and the employer contribufrd 30/0 of the employee's earnings above the 'qualifying earnings. threshold of £6,240 annually (or £520 monthly). Contributions payable are charged in the Statement of Financial Activities in the year they are payable. 2.0 CrilicalAccounting Estinmles and Jmdgemenls In the application of the charity's accounting policies, the trustees are required lo make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The eslimates and associated assumptions are bed on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that perio(L or in the period of the revision and future periods where the revision affects b)th current and future periods. 3.0 Ineomefrom Donations and Legacies 2025 2024 Gifts 52.777 35,955 52,777 35,955 Represented by: Restricted income funds Unrestricted income funds 44.925 7.852 34,831 1.124 52.777 35.955 23
THE ACCESS TO SPORTS PROJECT NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31 MARCH 2025 4.0 Incomefrom Cliarilable Aclivities 2025 2024 Income from training services Perforniance related grants 188,284 647,034 139,664 595,242 835,318 734,906 Represented by: Restricted income funds Unrestricted income Tras 481,093 354,225 469,728 265,178 835,318 734,906 5.0 Incomefrom Inveslmenls Unrestricted nds 2025 Unrestricted funds 2024 Interest income- bank 8.037 5,430 O Analys&¥ of Expendilure on CharilableAclivilies Activities undertaken directly Support Costs Goverance Costs Total 2025 Total 2024 Project Work 682.209 60,696 43.109 786,014 825,455 Total 2025 Total 2024 Represented by: Restricted funds Unrestricfrd funds 524,320 261,694 495,593 329,862 786,014 825,455 24
THE ACCESS TO SPORTS PROJECT NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31 MARCH 2025 6.1 Analysis ofErpendiÈure on Chariiable Aetivllles - contlnued Delailed analysls of Projecl Work Sports activities Accredited training, education, Competitions coa¢hing employment events & programmes & volunteering residentials Total 2025 Totsl 2024 Tennis Direct Costs Payroll costs Contract workers Resources & Fees Repairs & Maintenance Facility & Equipment Hirf Travel League Fees & Prizes Duke of Edinburgh Awarc Sports Equipment & Secu Food Provision Bad Debts Marketing & Compliance 384,925 11,601 50 34,857 16.750 120 557 75,930 11,504 1,858 3,727 33.757 125 60 512,462 467367 23,225 22,198 6,299 18,965 3,727 25,264 48,508 42,113 142 96 1253 3,990 839 636 3,141 1,774 18,649 29.364 416 89 3,834 14,751 17 1.193 839 3,141 18,649 416 40 49 25 Ip2direct Costs Payroll Payroll- ERNI +Pension Other Staff Costs Resources & Fees Marketing DBS Checks Facility Hire Travel Sports Equipment & Secu 32,502 36,070 4.946 3,191 3,264 2,861 16.138 4,339 4,776 28,308 1,224 362 1,816 1,517 7,582 2,998 2.429 2,563 1,232 53 16 78 66 328 130 105 5.584 .370 iio 549 459 2,292 907 735 37,687 1,760 521 2,610 2,181 10,898 4.310 3,492 33 167 139 696 275 223 476,668 43,739 20,645 141,157 682,209 719,879 B(Isis o oYIioi?IliL?nl Pcryroll costs f/0 of directpayroll costs) or i17Llii'ecl cos15 6.80A 3.30/ 14.8Yo Orher costs 6s). 60/ {/Oo of direct costs excluding support and governance costs) 21.0¥0 25
THE ACCESS TO SPORTS PROJECT NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31 MARCH 2025 &2 Analysis of Erpendilure on CharhableAclivllles- Prior Year- 2024 Activities undertaken directly Support Costs Goverance Costs Total 2024 Total 2023 Project Work 719,879 61,492 44,084 825,455 864,400 Total 2024 Total 2023 Represented by: Restricted funds Unrestricted funds 495,593 329,862 528,096 336,304 825,455 864,400 Sports activities Accredited training, education, Competitions coaching employment events & programmes & voluntsering residentials Total 2024 Total 2023 Tennis Direct Costs Payroll costs Contract workers Resources & Fees Repairs & Maintenance Facility & Equipment Hire Travel League Fees & Prizes Duke of Edinburgh Award Sports Equipment & Security Free Lunches Marketing & Compliance fees 348,819 14,753 886 37,138 2,352 13,350 23.108 58,302 5,093 4,471 25,264 19,141 467,367 509,073 22,198 25,781 18,965 20,788 25,264 42,113 96 3,990 636 1,774 29,364 25 258 21,206 96 1,766 50,158 357 5,337 1,635 4,551 23,972 143 2,850 1,140 636 1,774 29,364 25 Indirect Cosfs Payroll Payroll- ERNI +Pension Other Staff Costs Resources & Fees Marketing DBS Checks Facility Hire Travel Sports Equipment & Security 24,258 26,921 3.357 2.165 2,215 2,583 2,866 446 288 295 258 1,457 392 431 1,607 1,783 212 137 139 123 692 4,054 4,500 931 601 615 539 3,039 817 900 32,502 36,070 4,946 3,191 3,264 2,861 16,138 4,339 4,776 4.550 81,030 5,699 208 4,022 1,118 12,835 3,784 4,194 10,950 2,944 3240 205 493,115 64,258 313(K) 131206 719,879 759,235 26
THE ACCESS TO SPORTS PROJECT NOTES TO THE FINANCIAL STA TEMENTS (Continued) FOR THE YEAR ENDED 31 MARCH 2025 6.2 Analysis of Eypendilure on Charilable Aclivilies- Prior Year- 2024 conllnued Basis o vrlianmep7t ar ip7dir¢LI L'O.YIS Payroll cosls e/0 ofdirectpayroll costs) 74. 6% 4.A Other costs 67.9YL) 9. OOA 4.3% /0 of direct costs excluding supporl andgovernance costs) 18.8/ 7.0 Analysis ofsupport and Governance Cosls Support costs Governance Costs Total 2025 Total 2024 Premise5 Office running Infomiation technology Finance charges Insurance Legal and professional Depreciation Accountancy & Independent review Trustees meetings 14,147 7.010 6,948 14.147 7,010 6,948 244 7,681 414 24,760 42,460 141 14,852 8.463 4,751 186 8,032 1,090 25,244 42,775 183 244 7,681 150 24,760 264 42,460 141 60,696 43,109 103,805 105,576 8.0 Nel Ineome/(Erpendlturg)for Ihe Year 2025 2024 This is stated after charging: Independent Examination Depreciation 6,120 24.760 6,720 25,244 9.0 Tnulees, Remunero¢ion and Erpensow The trustees were not paid any remuneration or received any other benef1ts during the year (2024- Nil). There w¢r¢ no travel costs (2024 - Nil) r¢itnburs¢d to any m¢tnbeT of the Board of Trustees. No trustee or other person related to the charity had any personal interest in any contract or transaction entered into the charity during the year (2024- Nil). 27
THE ACCESS TO SPOEiTS PROJECT NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31 MARCH 2025 10.0 Anatysis ofslaff Costs 2025 2024 Wages and salaries Social security costs Pensions 527,462 25,525 12,162 526.137 24,523 11,547 565.149 562,207 10. l The number of employees who received total en]ployee benefits (excluding employers. pension contributions) of more than £60.000 is as follows: 2025 2024 £80,001- £90,IXIO During the year, pension contributions on behalf of the CEO amounted to £6,970 (2024- £6,970). 10.2 The total amount of employee benefits received by key management personnel is £ l 00,015 (2024 - £99,997) which includes Employer NIC of £10,061 (2024 £10,061). The charity considers its key management personnel comprises its Chief Executive OtTJcer., 11.0 Staff Numbers The average monthly head count was 53.6 staff (2024: 50.4 stam and the average number of full-time equivalent employees (including casual and part time staffj during the year was as follows: 2025 Number 2024 Number Full-time equivalent- Direct charitable work 18.8 18.6 12.0 Tuxalion The Access To Sports Project is considered to pass the tests set out in Paragraph I, Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the cbarity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3, Part I l of the Corporation Tax Act 2010 or Section 256 of the T&Kation of Chargeable Gains Act 1992, to the extent that such incotne or gains are applied exclusively to Charitable purposes. 28
THE ACCESS TO SPORTS PROJECT NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31 MARCH 2025 13.0 FiredAssets Tennis Courts Sports Equipment & Sports Clothing Office Furniture Office Equipment & Computers Total Fixed Assets Cost At l April 2024 Additions Disposals 306,698 6.361 7,397 4,216 27,717 346,028 6,361 At 31 March 2025 313,059 7.397 4,216 27,717 352,389 Depreciation.. At l April 2024 Charge for the year Eliminated on disposals 107,826 23,063 6,858 539 4,216 25,746 1,158 144,646 24,760 At 31 March 2025 130,889 7,397 4,216 26,904 169,406 Net Book Valtte.. At 31 March 2025 182.170 813 182.983 At l April 2024 198,872 539 1,971 201,382 14.0 Debtors 2025 2024 Trade debtors Accrued Income Other debtors Deferred Expense 38,577 76,100 2,411 2,846 38,800 17,058 3,665 119,934 59,523 15.0 Credilors.. Amountsfalling due wlthin oneyear 2025 2024 Trade creditors Payroll creditors Other creditors Other creditors- LTA Loan Accrnals TaKation and social security Staff Pensions Deferred Income 7,991 19,741 7,358 7,500 36,854 6.389 8,687 66,108 7,425 18,087 38,155 7,500 43,486 7,417 1,683 7,600 160,628 131,353 15. 1 Staff Pensions of £8,687 includes £1,717 owing to NEST Pension Fund (2024 - £1,683) and £6,970 owing to Hargreaves Lansdown Pension Fund (2024 - Nil). 29
THE ACCESS TO SPORTS PROJECT NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31 MARCH 2025 I&0 Creditors." Amountsfalling due afker oneyear 2025 2024 Loan from Lawn Tennis Association 33,750 41,250 In 2021, a loan of £75.000 from the Lawn Tennis Association was advanced to the charity to help fmance the tennis court development project. The loan is infrrest free and repayable over l O years, via six-monthly payments of £3,750. At the end of 2025. £41.250 is owing- £33,750 payable after one year and £7,5(K) payable within I year. J 7.0 Deferred Income Deferred income comprises of grants received in advance. Totsl Balance as at l April 2024 Amount released to income earned from charitable activities Amount deferred in current year 7,600 (7,600) 66,108 Balance as at 31 March 2025 66,108 I&0 Analysis of Cliarilable Funds - Curreni Year- 2025 Unreslrlcted Funds Balance l Apr 2024 Incoming Resources Outgoing Resources Transfers Balance 31 Mar 2025 General funds Facility Development Fund 405,077 72,500 370,114 (261,694) (15,000) 15,000 498,497 87,500 Total unrestricted ndS 477,577 370,114 (261,694) 585,997 Name of unre5trictedfvnd DescriptiOP7, nature andpurposes ofthefvnd General funds The "free reserves" after allowing for any designated funds. Facility Development Fund Funds for the redevelopment of the Tennis Courts in Finsbury Park Reslricled Funds Balance l Apr 2024 Incoming Resources Outgoing Resources Transfers Balance 31 Mar 2025 FedASSet Lawn Tennis Association - Tennis Courts 50,298 LB of Haringey - Tennis Courts 47,622 London Marathon Trust 30256 Prism Charitable Trust- Tennis Courts 32,340 (6,329) (5,291) (2,436) (3.246) 43,969 42,331 27,820 29,094 Restricted Funds- Fixed Assets 160,516 (17,302) 143,214 30
THE ACCESS TO SPORTS PROJECT NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31 MARCH 2025 I&0 Analysis of Charilablé Funds - Currenl Year- 2025 (continued) Rèstricled Funds Balance l Apr 2024 Incoming Resources Outgoing Resources Transfers Balance 31 Mar 2025 Revenue Give it your Max Charity Greenwich Leisure Ltd Isledon CIC Jack Petchey Foundation Lawn Tennis Association London Borough of Hackney London Borough of Haringey London Borough of Jslington London Marathon Foundation Morris Charitable Trust Percy Bilton Charity Prism Charitable Trust 13,225 8,000 44.660 6(K) 32200 119.696 8.283 241.904 25,000 1,700 750 30,000 (13,225) {8,000) (44,660) (600) (32,200) (119.696) (8.283) (241,904) (25,IX)O) (1,700) (750) (30,000) Restricted fund5 - Revenue Income 526,018 (526,018) Total Restricted Funds 160,516 526,018 (543,320) 143,214 Total Unreslrleled FAA 477,577 370,114 (261,694) 585.997 Total Funds 638,093 896,132 (805,014) 729211 l&1 Anatysis olcharitable Funds ~ Prior Year- 2024 Unrestricted Funds Balance l Apr 2023 Incoming Resources Outgoing Resources Transfers Balance 31 Mar 2024 General funds Facility Development Fund 478,207 57,500 271,732 (329,862) (15,000) 15,000 405.077 72.511) Total unrestricted fijnds 535.707 271,732 (329,862) 477.577
THE ACCESS TO SPORTS PROJECT NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31 MARCH 2025 18. 1 Analysls of Cliaritable Funds- Prior Year- 2024 (conlinued) Name ofunrestricfedfund Description, nature andpurposes ofthefund General funds The "free reserves" after allowing for any designated fimds. Facility Development Fund Funds for the redevelopment of the Tennis Courts in Finsbury Park Restricted Funéls Balance l Apr 2023 Incoming Resources Outgoing Resources Transfers Balance 31 Mar 2024 FiredAsset Lawn Tennis Association- Tennis Courts 56,627 LB of Haringey- Tennis Courts 52.913 London Marathon Trust 32.692 Prism Charitablc Trust- Tennis Courts 35,586 (6,329) (5.291) (2.436) (3,246) 50.298 47.622 30.256 32.340 Restricted FuT]ds- Fixed Assets 177.818 (17,302) 160,516 Restricled Funits Balance l Apr 2023 Incoming Resources Outgoing Resources Transfers Balance 31 Mar 2024 Revenue Give it your Charity Greenwich Leisure Ltd Isledon CIC Jack Petchey Foundation Lawn Tennis Association London Borough of Hackney London Borough of Haringey London Borough of Islington London Marathon Foundation Morris Charitable Trust Prism Charitable Trust 3,331 8,OlY) 38,654 900 16,100 160,000 1,170 229.904 15.000 1.500 30.000 (3,331) (8,000) (38,654) (900) (16,100) (160,000) (1,170) (229.904) (15.000) (1.500) (30,000) Restricted nds- Revenue Incorne 504,559 (504,559) Toial Restrlcted Funds 177.818 504.559 (521,861) 160.516 Total Unrestricted Funds 535,707 271,732 (329,862) 477,577 Total Fun(ts 713,525 776,291 (851,723) 638,093 32
THE ACCESS TO SPORTS PROJECT NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31 MARCH 2025 1&2 Attalysls of Charllable Funds Detaus of Funders Name ofrestrictedfynd Description, nature andpurposes ofthefvnd GIYM (Give it your Max) Tennis delivery in schools located in the London Boroughs of Hackney, Haringey and Islington. Greenwich Leisure Ltd Funding for office facilities at Sobell Leisure Centre Isledon CIC Delivery of popular weekly and holiday youth hub, offering football, basketball, cricket and non-contact boxing training. Jack Petchey Foundation The Jack Petchey Achievement Award scheme. is a fund which sees young people selected by their peers to receive a cash allowance to spend on their group. Lawn Tennis Associalion Delivery of Tennts Foundaton programme. London Borough of Hackney Working in partnership with Young Hackney and Hackney Council, as well as a range of partners to deliver targeted free-of-charge sports coaching, competitive opportunities and accredited training. These were largely delivered at estate, Youth Hubs and community venues. London Borough of Haringey Funding for school holiday programmes. London Borough of Islington Working with LBI, in particular the Leisure Team and Islington Housing Services alongside a range of partners to deliver a range of free-of-charge sports programmes across Islington for young people aged 5-25 with a particular focus upon young people on local housing estates and development of a programme of activities for women and girls. London Marathon Foundation Funding comprising: Community tennis programmes and Active Islington Girls coaching programme. Morri5 Charitable Tn]st Schools tennis programmes in Islington. Percy Bilton Charity Funding to support community sports programmes. Prism Charitable Trnst Funding to support community tennis programmes. 33
THE ACCESS TO SPORTS PROJECT NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31 MARCH 2025 19.0 Anatysls ofNetAssels Belween Funds- 2025 Restricted Fund Unrestricted Fund Total 2025 Tangible fixed assets Cash at bank and in hand Other net current assets/(liabilities) Long tetm liabilities 143,214 39,769 620,672 (74.444) 182,983 620,672 (40,694) (33,750) 33,750 (33,750) 143,214 585,997 729,21 19.1 Analysts of Ne¢Assets Belween Funds- Prior Year 2024 Restricted Fund Unrestricted Fund Totsl 2024 Tangible fixed assels Cash at bank and in hand Other net current &ssetsl(liabilities) Long terni liabilities 160,516 40,866 549,791 (113,080) 201,382 549,791 (71,830} (41,250) 41,250 (41,250) 160,516 477,577 638,093 20.0 Related Party Transactions The charity has an "arnls-length" transaction with FPSP to pay an annual rental fee for the lease of Finsbury Park tennis courts. In 2025, the rental fee was £23,132 (2024 - £18,061) and &s at 31 March 2025, £5,529 of the rental fee was owing to FPSP. In addition, the company pays FPSP to hire the sports stadium at Finsbury Park in an "arnis-length" transaction. During 2025, there was a total of £8,800 (2024: £6,665) of expenditure with FPSP for the hire of the sports stsdium. No income was received from FPSP in 2025 (2024: nil). The charity receives money from Tennis for All CIC to deliver tennis programmes, with the CEO (John Mackinnon) and a Trustee (Skevos Loizou) of the charity being directors of Tennis for All CIC. In 2025, a total of £54,473 (2024: £2,223) was receivable from Tennis for All CIC with the same amount being spent in 2025 (2024: £2,223) on the Tennis for All CIC programmes. At the end of 2025, of the income of £54,473 receivable to the charity, £21,373 was paid during 2025 with £33,IIK) remains outstanding. In 2025, neither John Mackinnon nor Skevos received any payment from Tennis for All CIC for this arrangement (2024: Nil). 34
THE ACCESS TO SPORTS PROJECT NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31 MARCH 2025 21.0 Reconcilialion of nel movement Infunds to nel cashflowfrom operallng acllvltles 2025 2024 Net eash received (used) in operating activiti&s 69,205 (63,258) Net movement in funds Add back: depreciation charge Deduct: interest income Decrease (increase) in debtors Increase (decrease) in creditot5 91,118 24,760 (8,037) (60,411) 21,775 (75,432) 25,244 {5,430) 46,952 (54,592) Net Cash received (used) in operating activltles 69,205 (63,258) 21. 1 Analysis of Changes in Ivet Deb¢ At l April 2024 Cash-Flow At 31 March 2025 Cash in bank and in hand 549,791 70.881 620.672 35