a Annual Report Year ending 31 March 2024
Sported Foundation Annual Report Year ended 31 March 2024
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CONTENTS PAGE
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2 Chair’s report
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3 CEO’s report
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4 Our charitable objectives
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5 Our year in review
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6 Sported members told us
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10 Strategic objectives
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17 Thank yous
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18 Planning for the future
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19 Financial review
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21 Structure, governance and management
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24 Environmental policy
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25 Reference and administrative
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information and standard disclosures
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26 Statement of the responsibilities of the trustees
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27 Independent auditor’s report to the members of Sported
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32 Financial activities
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33 Balance sheet
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34 Statement of cash flows
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35 Notes to the financial statements
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56 Contact
Sported Foundation Annual Report Year ended 31 March 2024
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CHAIR’S REPORT
Amid a year that will see millions of us tune into the Olympics and Paralympics in Paris, countless stories will be broadcast and read about the pathway to the peak of highperformance for our elite sportspeople. Their talents will be lauded but we will often hear about the first coach who spotted their potential or the local club that gave them an initial opportunity.
It’s easy to overlook the grassroots when we’re saluting the top of the performance pyramid but for so many young people, sport and physical activity plants a seed that allows them to flourish and grow. The lucky few will represent their country and even make a living out of sport but there are millions of others fortunate enough to reap the myriad other transformational benefits that the groups, clubs and organisations in our communities create for our next generation.
We witness, first-hand, how sport is the catalyst for those helped away from crime because of outstanding role models, those socialised positively amid an environment where collaboration and friendship is encouraged, those who benefit from educational attainment driven by subtle life lessons in the art of testing yourself and those whose mental health is fortified in an environment where all-round wellbeing is a prize that everyone can win.
All of our society profits from young adults participating in activity and especially team sports. Which is why we’re proud of the contribution that Sported continues to make across the UK in positively shaping our locales and assisting our incredible colleagues in this effort: our 3000 member groups whose work too often goes unnoticed but whose impact is felt by over a half-million young people and their families.
It is a collaborative effort, not just between our staff and the leaders, coaches and helpers who keep the lights on but with our astonishing bank of volunteers who contribute their professional expertise – and with the range of valued partners who underpin our work and allow the charity to deliver targeted programmes as well as injecting resources and funding that directly expands sport for good.
The economic climate means it is a need we must meet. Cost of living pressures are still hitting household incomes, with Sported’s research flagging up the danger that a lack of cash becomes a barrier to our youth taking part. And we are all conscious that funding cuts at a local level have a knock-on effect on the cost – and availability – of facilities, piling extra stress on those who are simply trying to create a safe space to play.
The generosity of our own supporters – our funders and partners - means we remain sustainable as a charity. The message we hear is that simply being available in times of challenge offers a reassurance within our sector but we remain proactive in looking to do even more.
We must continue to innovate in a similar way to our successful Participatory Grant Model and seek meaningful alliances with local, regional and national government.
As Trustees, our role is to empower our excellent staff and ensure they keep reaching new groups and offering services that are fit for purpose. Through this, we can keep striking gold by shaping the lives of more young people.
Simon Cummins Chair
Sported Foundation Annual Report Year ended 31 March 2024
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REPORT FROM THE CEO
Parr Sports and Community Centre is a group in St. Helens which exemplifies the value of using sport as a tool to change the lives of young people. From dawn until well past dusk, their dedicated staff and volunteers are beacons of light within their community, offering boxing and football as core activities but also addressing cohesion, anti-social behaviour and the attainment gap in a town where economic deprivation threatens to sideline so many.
From small beginnings to a power for good, Sported supported their ascent with advice, invaluable project consultancy from one of our incredible volunteers - and with access to funding. For the 5000 clubs and organisations we now reach across the UK, we’re there to underpin their ability to help our next generation get a better start in life and to break down the barriers they face.
Some argue these young people are hard to reach. Sported begs to differ. Almost one million helped each year underlines the unbeatable ability that grassroots sport has to cut through the noise and truly create impacts that benefit us all. Throw in improved physical and mental wellbeing, increased employability, crime prevention and the positive role models provided by our local heroes who coach, administer and nurture, and it’s easy to argue that the groups we assist are the best social workers of all.
They level that playing field. I’m proud that key outcomes detailed in this Annual Report focus on under-represented sections of our society: women and girls, ethnic minorities, disability, LGBTQ+ and those marginalised simply by pressures inflated by low household income. But also that, through our teams on the ground, Sported delivers in every part of the country, acquiring and sharing the unique insight that brings. It’s why we take seriously our responsibility to deploy that knowledge and use our voice at every level of government.
However, as a charity, we are challenging ourselves to be ever more ambitious, through doubling the number of member groups we serve and by holding ourselves accountable to ensure our offering meets ever-changing needs. That can only be achieved through partnerships with others who recognise the value of groups like Parr in cultivating transformational opportunities in every street and neighbourhood. Young people, as a consequence, will be the winners.
Sarah Kaye CEO
Sported Foundation Annual Report Year ended 31 March 2024
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OUR CHARITABLE OBJECTIVES
To advance the opportunities of children and young people through participation in sport to help enable them to develop their full capacities.
To provide and assist in providing facilities for sport, recreation or other leisure time occupation of such persons who have need for such facilities by reason of their youth, age, infirmity or disablement, poverty, ethnicity, sexual orientation or social and economic circumstances (in particular children and young people) or for the benefit of the public at large in the interests of social welfare and with the object of improving their conditions of life.
To promote the health of the public (especially young people), in particular through the provision of sports facilities and sports coaching.
To promote community participation in healthy recreation by providing facilities for the playing of sports capable of improving health.
Such other exclusively charitable purposes as the trustees shall in their absolute discretion decide.
Sported Foundation Annual Report Year ended 31 March 2024
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OUR YEAR IN REVIEW
Activities, achievements and performance
In 2023-24, Sported supported and represented a membership network of 2,850 community organisations across the UK. In turn, they reach and engage over 500,000 young people, supplemented 1,544 additional clubs who we were able to assist through our funded programmes.
Our primary objective is to strengthen the resilience of community sports groups by helping them to be strong, well-run, and secure.
Thanks to financial support from Baillie Gifford, National Lottery Community Fund, Sport England, Rank Foundation, Garfield Weston Foundation and the Welsh Council for Voluntary Action, we have been able to grow our capacity this year, delivering tailored support and resources that transforms lives and positively shapes our communities.
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Over 12 months
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Sported members accessed a service or benefit, with an additional 1,200 community groups benefiting from Sported schemes
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1,387
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Community groups received free 1:1 support from a consultant
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543
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211
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Community groups were on a Sported project
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£1.6m We distributed £1.6million in grants directly to
community groups
390 Community groups became a member of Sported
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Community groups became a member of Sported
Sported Foundation Annual Report Year ended 31 March 2024
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Sported members told us:
79% 82% 86%
are confident their of Sported’s groups said of group leaders who were
organisations will still our support made a on a Sported project or
exist in 3 years’ time positive difference received free 1:1 consultancy
to their organisation support said they increased
their skills and knowledge
in running their group
94% 96% 11%
have increased or of young people at of groups lost volunteers
maintained the number of Sported groups are (in the context of a
young people coming from historically national drop in the
to their group under-served number of people
communities volunteering)
79%
1,597 97%
have an up-to-date of groups involving
community organisations
governing document and young people in shaping
received a grant
98% have an up-to-date what they deliver
safeguarding policy
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Sported Foundation Annual Report Year ended 31 March 2024
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Partnerships that deliver
We have developed a number of specific programmes to help community organisations build their resilience and effectiveness. Some of these include:
P&G – This is year one of three, delivering 10 grants of £1,000 for Sported groups across the UK and one separately in Ireland, supporting their everyday activities through unrestricted funding. This was engineered by in-store activities in Superdrug stores with Sported branding on P&G products as part of their Olympic activation. Our partners collaborated on an event day hosted by Burgess Sports in London and featuring Kye Whyte, Olympic BMX medalist
Go! London – Providing capacity building support to 119 successful grantees from four funding rounds
Moondance - Injecting capacity building support to groups in Wales, making them investment ready. Growing the network and volunteer workforce
Active Partnership work – Working with 11 Active Partnerships to support over 60 community groups to develop action plans to support their club growth and build resilience
Table Tennis England – Conducting research on barriers to participation for ethnically diverse groups, to enable them to better shape their programmes and activities for noncompetitive settings and how to improve the pathways into competition. Creating an offer for all affiliated clubs
Rugby Football Union – Developing a training module for RFU on community engagement to improve English rugby clubs links with others in their community, diversifying participation and generating income.
Sported Foundation Annual Report Year ended 31 March 2024
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Leveraging our investment
Our goal is to catalyse and drive investment into the sector. This year we have supported a number of partners to distribute funds to community organisations.
Examples include:
Barclays Community Football Fund
The success of the Barclays Community Football Fund (BCFF) is evidenced by its substantial impact on community groups and young people. By combining grant funding with targeted projects and partnerships, the BCFF continues to effectively increase its reach and impact across a wide variety of community groups.
The BCFF delivery model developed significantly in 2023, with targeted funding pots and community involvement to create significant positive change. The access and deep impact grant pots address both immediate needs for football activities and contribute to the longterm development goals for community groups, ensuring a full-on approach to promoting inclusivity through football.
At the end of 2023, the BCFF had achieved the following milestones:
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Funding and engagement : The BCFF provided just over £2 million in funding, supporting 2,910 community football groups. (vs 5,500 3 year KPI) This far-reaching financial support has enabled a wide variety of groups to participate in football activities, fostering a sense of community and inclusion.
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Participant reach : The programme exceeded its three-year target by reaching 431,163 people, well above the initial KPI of 157,000. Among these, 20,708 were first-time participants, highlighting the BCFF’s success in engaging new individuals from under-represented groups.
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Inclusivity metrics : The BCFF made significant strides in promoting inclusivity:
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85% 73%
of the funding supported of the funding went to lower
female groups. socio-economic groups.
35% 25%
of the funding
of the funding supported
was allocated to
the LGBTQ+ community.
disability-inclusive
groups.
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55%
of the funding supported
racially diverse groups.
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Regular feedback from community groups indicates that 96% of the grantees have been able to engage new participants from under-represented groups , and 100% reported a positive difference in their community .
Sported Foundation Annual Report Year ended 31 March 2024
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Flutter Cash4Clubs
Sported was delighted to team up with Flutter to deliver their latest round of Cash4Clubs funding, offering grants of £2,000 to community and voluntary sports groups across the UK and Ireland. £400,000 was awarded to 200 community organisations delivering activities for a social purpose to under-represented communities. The cost-of-living crisis has put enormous pressure on community sports groups and the ramifications of these clubs scaling back activities or closing their doors would be devastating to communities. The Cash4Clubs programme was able to deliver vital funds to the clubs that need it most. The programme offered community groups the opportunity to access unrestricted funding to boost their sustainability and get more people playing, contributing to ongoing running costs such as facility hire, equipment, kit, coaching and volunteer expenses.
Sport England Together Fund
The final iteration of Sport England’s Covid response funding distributed through partners just under £1 million. This final tranche of £75,000 included funding to support Sported’s core work with members.
As part of our business as usual we have run over 50 webinars/partner information sessions/networking events, including:
Regular ‘Meet and Greet’ events across the regions to enhance engagement and promote our offer
‘Meet the Funder’ Q&A webinars with major funders such as TNL, Robertson Trust and Local Giving
A partner presentation event where members heard from 16 organisations who offer Sported members free or discounted services
The relationships we hold with members are of utmost importance to us. They are an essential enabler for us to deliver effective support, which is why members are at the heart of everything we do.
88% of members are actively engaged with us
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81%
of members say we
are a trusted
partner for their
group
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81% 71% agree that the say we understand support we provide their group is relevant
Sported Foundation Annual Report Year ended 31 March 2024
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STRATEGIC OBJECTIVES
Sported’s Reach Include Empower strategy focuses on three strategic objectives:
1 2
Enhancing wellbeing Helping young people to be happier and healthier
Promoting Equality, Diversity & Inclusion Making grassroots sport more equitable, diverse and inclusive
3
Empowering communities Supporting local communities to flourish
Sported Foundation Annual Report Year ended 31 March 2024
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VISION
We want every young person to have
the same opportunity to fulfil their potential .
PURPOSE Helping community groups survive ,
to help young people thrive.
Help young people to be Make grassroot sport more Support local communities to
OBJECTIVES happier and healthier equitable, diverse and inclusive flourish
Strategy 1: What we’ll do FOR our network: Strategy 2: How we’ll work THROUGH our
network:
STRATEGY Strengthen the local workforce and build
the resilience of community sports
Design and deliver targeted programmes
groups
Build local
Grow our network Support, advise Channel funds to Listen to and connections and
TACTICS and reach more and empower groups who need represent our champion place-
young people local group leaders it the most groups based
approaches
ENABLERS People and culture Income generation and partnerships Data and insight Advocacy, PR and comms
Demonstrate
VALUES Commit to inclusion Be people led Drive change
integrity
WHY
WHAT
HOW
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The Clubhouse (A visual representation of Reach Include Empower Strategy)
Sported Foundation Annual Report Year ended 31 March 2024
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Enhancing wellbeing
Sported has developed a package of mental wellbeing support for group leaders including e-resources, workshops and free TAMHI Mental Wealth Games licences. 298 group leaders, from our own survey, said that our support has helped them to increase their capacity to support the mental health of their young people. We delivered four social prescribing workshops to 38 of our groups, which gave attendees a better understanding of what it involves and the key partners required, and increased confidence in delivery. Internally, our Wellbeing Lead qualified as a Mental Health First Aid trainer, and 10 of our Inclusion Champions have completed their Mental Health First Aid training. 1 Promoting Equality, Diversity & Inclusion 45% of groups said our support has helped them engage more young people from historically under-served communities. This year we have delivered a number of projects that focus on helping community sport to become more equitable, diverse and inclusive. Examples of those projects include: Participatory Grant Model London (PGM) – We piloted a participatory approach to make grant making more accessible to Black-led and Blackcentred community organisations in London. Pooling funds from Greater London Authority, Sport England, London Marathon Foundation and London Sport, we supported 18 groups with grants of up to £10,000. 2
This year we have delivered a number of projects that focus on helping community sport to become more equitable, diverse and inclusive. Examples of those projects include:
Participatory Grant Model London (PGM) – We piloted a participatory approach to make grant making more accessible to Black-led and Blackcentred community organisations in London. Pooling funds from Greater London Authority, Sport England, London Marathon Foundation and London Sport, we supported 18 groups with grants of up to £10,000.
Sported Foundation Annual Report Year ended 31 March 2024 12
Barclays Community Football Fund - The second year of this project included delivery of access grants, deep impact grants and various ticketing and exclusive opportunities. In addition, we established a Black Identity Football Fund in Manchester based on the learnings from our successful London PGM pilot. We ran a dedicated grant programme supporting the inclusion of LGBTQ+ young people in football. In parallel, a female coaches for girls grant programme is tackling the lack of representation of females in coaching roles across the UK. This was recognised with the Diversity, Equality and Inclusion Award at The Sponsorship Awards 2024 as well as a Sport Industry Award for best Purpose-Driven Sponsorship.
Empower South Lanarkshire (funded by Peter Harrison Foundation) – We supported three groups to upskill around working with young people with hidden disabilities, and delivered a bespoke Young Influencer Programme with an associated SCQF qualification.
Nissan Possibilities Project – We enabled 13 group leaders from six groups to receive inclusion training from Smile Through Sport, followed by one-to-one support from a Volunteer Consultant and our Disability Lead to implement actions. Seven grants were also given to fund equipment, coach education, and additional sessions and delivery.
Actif North Wales – Inclusion
In 2023, responding to the findings from our Pulse research, we developed a partnership with Pride Cymru with the aim of addressing inequalities in participation for marginalised groups, especially those from LGBTQ+ communities across North Wales. The partnership successfully secured Innovation Fund investment through Actif North Wales and will be rolling out delivery of a new project in 2024/45 including the recruitment of an Inclusion Officer to support groups and individuals across North Wales.
Black Leaders in Sport Network - (BLISN)
Sported have engaged with this group since October 2021 and have worked collaboratively to support them to become fully independent. As an independent group since November 2023, BLISN is currently in a phase of raising visibility with partners and potential members. The primary goal is to introduce and elevate Black leaders across the sports sector. We know from community groups that there is the need to continue to address discrimination and unequal access. Leadership is one key aspect where barriers are prevalent in the Black community. Sported will continue to work in partnership with BLISN throughout the funding period to its planned external launch in October 2024 and beyond.
Vodafone sports.connected – We enhanced digital skills and connectivity within groups. In partnership with Vodafone, we distributed grants, delivered digital skills webinars, and provided free SIM cards to tackle the digital divide. We were also able to provide tickets to events and other exclusive opportunities for young people within our groups, and worked with the Jason Robinson Foundation to run holiday activity programmes.
Sported Foundation Annual Report Year ended 31 March 2024
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Disability Network – We established a network of ten community groups and have delivered four sessions on accessible Measurement & Evaluation, engaging disabled people in sport, and supporting them to become leaders.
We also conducted research to generate insight around Equality Diversion & Inclusion (EDI) and how we could make community sport more inclusive.
They include:
- Determining the barriers and challenges for young people to take part in Table Tennis (funded by Table Tennis England)
Exploring the issues and inequalities facing community groups in areas
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‘ Rural ’ by UK Government (funded by the National Lottery Community Fund)
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kit may have
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Exploring the impact that financial barriers surrounding
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on participation in sport and physical activity (funded by Cif)
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Gaining insights into the barriers to volunteering at a management/ committee level within community organisations in Wales, and how we could increase diversity, accessibility and inclusivity within these roles. (funded by Welsh Council for Voluntary Action)
Internally, we have delivered a number of Open Spaces sessions on topics such as racism, mental health and Pride Month. All staff are undergoing mandatory EDI training and we have created an Associate Trustee position on our Board to diversify its experience.
Sported Foundation Annual Report Year ended 31 March 2024
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Empowering communities
Following the successful delivery of our Connected Communities programme in London, Isle of Wight and Hartlepool, this year we established a Connected Community in Rhyl, North Wales with funding from Burbo Bank. Our work in Rhyl saw over 70 community organisations engaged, identifying challenges and solutions to local needs. The network created opportunities to share ideas, resources, learning, support and established a community Facebook page. The network have also secured funding for sustainability of the programme over the next three years. Through the National Lottery Community Fund programme, we have been working with groups affected by rural deprivation in Fenlands, Cambridgeshire and Lincolnshire to establish the specific challenges 3 facing their local areas, and connecting with local stakeholders to
Through the National Lottery Community Fund programme, we have been working with groups affected by rural deprivation in Fenlands, Cambridgeshire and Lincolnshire to establish the specific challenges facing their local areas, and connecting with local stakeholders to explore tangible ways in which we can work together.
With Sport England funding, we have been working with groups and partners to gain a better understanding of the community safety and young people landscape in terms of good practice and challenges, to help inform how we can most effectively support groups in this space. We deployed learnings from two focus groups and set up a Members network to shape our support offer. In addition, we have facilitated a partners’ network – with 21 Active Partnerships participating, as well other partners such as StreetGames - to explore how we can work more collaboratively across the sector and share insight.
Collaborating with Manchester City Council , we supported a small number of local organisations identified by the council as requiring further capacity building support. Working with these groups on development plans for their organisations, being assisted by our Volunteer Consultants, with the aim of helping them to become more sustainable and funding ready.
Sported Foundation Annual Report Year ended 31 March 2024
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Our enablers: people
We are proud to say that 121 people volunteered for Sported, giving their time through one-to-one placements with community groups, delivering workshops/ webinars, and providing support to Sported staff. They bring knowledge of strategy and project development, fundraising, human resources, marketing or financial planning, or other lived experience from their day-to-day career to support long-term sustainability and growth of a local group. We ask them to inject insight and enthusiasm and we offer support and guidance.
We are actively trying to diversify our volunteer pool and are pleased that 46% of volunteers who joined Sported this year identify as being from under-represented backgrounds.
Insight
It is vital that we represent our members’ voices and advocate on their behalf. This
year 1,513 Sported members contributed to Sported research or consultations.
The Ring/Sported Community Pulse Survey is a bi-annual survey of our network to get a sense of the impact of the external environment on groups, identify their priorities and understand the pressures they face. The results from the surveys can be found on our website.
This year, we worked with consultant James Noble to refresh our Theory of Change and conduct a comprehensive literature review to collate the existing evidence and identify gaps in relation to Sported’s impact.
Marketing, communications and advocacy
Engaging our members with what Sported offers is essential to maintaining our relevance as a charity and to ensure our services meet their needs. Last year, we increased the open rate in our email marketing alongside a focus on explaining, in clearer terms, what we do and how we can help through a ‘Supported by Sported’ campaign.
We strive for a real clarity on who we serve and the difference our groups and our sector makes to engage stakeholders, corporate partnerships and government. To contribute to making that collective voice heard, we engage with every Parliament and Assembly across the UK at least twice per year and in 2023-24, we held direct conversations with over 30 parliamentarians across the political spectrum.
Sported Foundation Annual Report Year ended 31 March 2024
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Income generation and partnerships
We want to thank the following funders and partners for supporting Sported’s work this year.
Sported Foundation Annual Report Year ended 31 March 2024
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PLANNING FOR THE FUTURE
For 2024/25, we have identified five strategic priorities to drive our work forward:-
1
Driving engagement and expanding our reach
We would like to increase our membership as well as our member engagement.
2
Delivering effective support to members
We want to ensure that the services and projects we offer are helpful and relevant to our members. We will undertake a project on our member offer to ensure that this is as good as it can be and continue to provide grant programmes for our members and non-members to bring money into the sector.
3
Amplifying members’ voices and galvanising support
We are aiming to increase our voice by media coverage and impact reporting including involving more members in our research.
4
Nurturing and developing a diverse, high performing team
We would like to increase the diversity of our staff and volunteer team to better reflect our membership as well as ensuring we have good support and development opportunities for them.
5
Securing income and ensuring sustainability
We will continue to work on building multi-year partnerships that will build on our financial security. We will try to be as environmentally sustainable as practically possible.
Sported Foundation Annual Report Year ended 31 March 2024
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FINANCIAL REVIEW
In the year ended 31 March 2024, income was £3,929k for the year compared with £4,557k in the year to 31 March 2023. However, these figures are significantly affected by £1,306K (2023: £2,267k) of income given for grant making programmes, shown separately in the Statement of Financial Activities (SOFA). The income generated net of grant monies given was £2,623k (2023: £2,290k).
Expenditure for the year was £4,143k (2023: £4,105k), again increased by grants paid out of £1,628 (2023: £1,774k), as shown in the SOFA . Expenditure net of grants was £2,515k (2023: £2,332k).
The net result was a deficit of £215k compared to a surplus of £452k in 2023 with the unrestricted reserve showing a surplus of £11k (2023: surplus of £63k).
The unrestricted fund remained in excess of the board’s 13-week reserve policy, at £547k. On 31 March 2024, net assets were £1,120k (2023: £1,334k), of which £547k was unrestricted. The charity will continue to work on maintaining its unrestricted reserve with a balance between controlling costs and ensuring that there are resources in place to ensure that the plans for the future are supported.
Sported continues its aim to build on a base of contracted revenue as well as a strong pipeline of funds. We will continue to focus on cementing relationships with existing and new funding partners, with multi-year contracts that support our strategic objectives.
Principal risks and uncertainties
The Strategic Leadership Team and the Finance and Audit Committee of the board undertake a formal review of risk management quarterly. Risks are identified, assessed and mitigation strategies put in place to minimise the impact.
At the beginning of the year the key risks continued to be that the unrestricted reserves balance did not continue to be in line with the reserves policy and income generation did not meet the required budget and cover operating costs. Both these were mitigated by the partnerships and long-term funding secured in the year, although both were still the key risks at the end of the year.
Going concern
The trustees have considered plans for the 12 months from the date of this report and these show that even if no non-contracted income is received, the charity will remain cash positive and have adequate resources to continue operations. As ever, costs are tightly controlled to mitigate risk.
Sported Foundation Annual Report Year ended 31 March 2024
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Reserves policy
The charity’s reserves policy is to have sufficient unrestricted reserves to cover 13 weeks of non-project related expenditure on an ongoing basis. This level of reserves has been set to enable sufficient time to secure new income sources should any be lost, and to ensure that major costs are covered in any period of funding hiatus.
The unrestricted reserve on 31 March 2024 met the policy above with reserves sufficient to fund nearly 15 weeks of non-project related expenditure.
Going forward, the focus is to ensure that this reserve is maintained at or above the reserves policy level to ensure that there are sufficient funds for the charity to proceed with its plans for the future. Careful cost allocation and agreements with funders that core costs will be covered will contribute to this aim as well as a continued drive to increase unrestricted income generation.
The Finance and Audit Committee receive quarterly reports of reserves and finance, including the cash and reserves position, and the finance reports are a standing item on the agenda at the quarterly board meetings.
Fundraising
We have used a small number of third-party organisations, professional fundraisers and commercial participants to fundraise for us this year and use consultants to assist in bid writing.
We comply with relevant fundraising regulations and guidance and have had no instances of non-compliance over the year. No complaints have been received in 2023/24.
We would not ordinarily come across vulnerable individuals through our fundraising streams but staff adhere to the Fundraising Regulator’s Code of Fundraising Practice and can provide support to anyone as required.
Sported Foundation Annual Report Year ended 31 March 2024
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STRUCTURE, GOVERNANCE, AND MANAGEMENT
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Governing document
The charity is a charitable company limited by guarantee, incorporated on 20 March 2008 and registered as a charity with the Charity Commission on 25 March 2008 and the OSCR on 17 May 2012.
The company was established under a Memorandum of Association that established the objects and powers of the charitable company and it is governed under its articles of association.
A review of the governing document was undertaken during 2022/23 to bring it in line with appropriate language and to update the Objects slightly. The Objects changes were approved by the Charity Commission on 14 September 2022 and updated Articles of association were filed at Companies House and the Charity Commission in March 2023.
Trustees
The trustees are the directors of the charitable company. New trustees are appointed according to the charity’s governing document, and to meet specified capability requirements. The appointments are overseen by the Nominations Committee.
New trustees go through a formal induction and training process and are encouraged to meet the charity’s beneficiaries.
All trustees give their time voluntarily and receive no benefits from the charity. No trustees claimed expenses from the charity in 2024 (2023: £nil).
A chief executive officer is appointed by the trustees to manage the day-to-day operations of the charity.
The trustees review the aims, strategic objectives and activities of the charity each year and approve all decisions relating to strategy and budget.
Associate trustee
The Board have developed an apprenticeship scheme by the establishment of an Associate Trustee role. This post is a means to recognise the barriers present in enabling individuals from certain backgrounds access to board positions. No previous Board or senior management experience was required for this role. This is a role with a 2-year term which seeks to provide the Associate Trustee with the opportunity to learn more about how a Charity board works, gain experience which they can use to build on in future roles and also seeks to bring a different perspective and experience to the Board.
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Board sub-committees
The following sub-committees operate separately within the abbreviated Terms of Reference below and report into the Board.
Finance and Audit Committee
Ensuring the adequacy of financial and risk management and internal control arrangements and that the charity’s funds are used efficiently and effectively.
Development Committee
Assisting the Board in meeting its responsibilities for ensuring that Sported’s income generation is fit for purpose, both in terms of raising the funds required to sustain and grow the charity’s work whilst also complying with all legal and good practices associated with charity fundraising.
Nominations and Governance Committee Assisting the board in meeting its responsibilities for ensuring that the Board:-
Retains an appropriate balance of skills to support the strategic objectives of the charity, has a formal rigorous and transparent approach to the appointment of Directors and maintains an effective framework for succession planning;
Has effective governance through the development and review of governance policies and procedures, providing induction and training programs for Board members and regularly reviewing the performance of the Board as a whole and evaluating the contribution of individual members.
Board diversity
The latest Diversity and Inclusion Action Plan (DIAP) has set a target of 30% of the Board composition (trustees and associate trustees) to be from ethnically diverse communities by April 2025. At the year end this stood at 25%. Rebecca Mills is the Trustee lead on the DIAP.
Sported Foundation Annual Report Year ended 31 March 2024
22
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Board evaluation and governance
The board carries out an annual evaluation and skills audit to ensure that it has the requisite mix of skills.
The trustees carried out a governance review in 2019 and 2020 to ensure compliance with the Sport England Tier 3 governance requirements and this was achieved in August 2020. Updated guidance from Sport England was issued in late 2021 and confirmation of compliance with the code and actions arising from the new requirements were confirmed in early 2024.
An external evaluation was carried out in July and August 2020 and the board has carried out the action points arising.
During the year, work was completed on Level 1 of the Trusted Charity Standard through NVCO and we are now certified until April 2026. One recommendation was made and this has been enacted, otherwise the review noted that “ Sported Foundation has met all the core indicators in ten of the eleven areas. There are particular strengths in Areas 4 (User-Centred Service), 5 (Managing Staff) where the management of both staff and volunteers is very good and where everyone appreciates the vital work of the volunteer mentors/consultants and in Area 11 (Monitoring and Evaluation) where the evaluation of impact is very impressive . It was a pleasure to interview such enthusiastic and motivated people who ensure that their member organisations are at the heart of everything they do .”
Additionally, Sport England confirmed that this review satisfies the criteria for an external Board evaluation.
Reporting
The trustees receive quarterly reports before the Board meetings on activities, which include financial reports, progress against the strategic objectives, key performance indicators, feedback from our members and suggestions for the future.
Public benefit
The trustees have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the charity’s aims and objectives and in planning its future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives that have been set. More detail is shown in the activities section of the annual report.
Remuneration policy
The strategic leadership team reviews the staffing structure annually to ensure salaries are fair and reasonable, taking into account both internal comparability of responsibilities and external market factors.
The Chief Executive Officer approves any proposed revisions to salary grades and the Chief Executive Officer’s remuneration is agreed by the trustees. In advance of each financial year the strategic leadership team recommend to the trustees the level of inflationary uplift to be applied to salaries, in a way which seeks to balance the need to reward and retain staff and the affordability of any pay awards.
Sported Foundation Annual Report Year ended 31 March 2024
23
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Environmental policy
As an organisation whose social outcomes align closely with the UN Sustainable Development Goals (SDGs), we recognise we could be doing more against the environmentally focused SDGs both as an organisation and for our network.
Recognising Sported’s members are most impacted by climate change and less able to adapt to its consequences, we are committed to understanding how our groups are affected and what sectoral support is needed for them to survive, and for their young people to thrive.
Our work in this area, will be guided by the UN’s Sports for Climate Action Framework’s five principles:
- Undertake systematic efforts to promote greater environmental responsibility for Sported and for our network
Reduce overall climate impact
- through the collective efforts of Sported and the community groups in our network
Educate for climate action
by sharing learning and best practice between Sported and our members
Promote sustainable and responsible consumption
- both internally and to our network
Advocate for climate action through communication
both internally and to our network
Sported has partnered with Greenly to calculate our annual carbon footprint, covering scopes 1, 2 and 3. With the support of an environmental expert, we will create a robust action plan to reduce our carbon footprint each year, with a view to reach net zero by 2050. The reduction target for 24/25 is currently being calculated. Staff and volunteers will actively contribute to the reporting and undertake training.
Sustainability is a standing agenda item in regular Strategic Leadership Team meetings and is included in our decision-making. We will continually check that sustainability is embedded in our values, culture, operations and marketing, and will conduct an annual review with all Sported staff to assess our progress and identify areas for improvement.
Subsidiary companies
Sported Foundation has two wholly owned dormant subsidiaries, Sported Trading Limited and Sported Limited, incorporated in England and Wales (company numbers 08623400 and 12921825 respectively). The trustees of Sported Foundation do not consider the results of the companies to be material to the charity and so have decided not to produce consolidated accounts.
Sported Foundation Annual Report Year ended 31 March 2024
24
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REFERENCE AND ADMINISTRATIVE INFORMATION STANDARD DISCLOSURES
Company name
Sported Foundation [known as ‘Sported’]
Company number 06541137
Charity number 1123313 | SCO43161
Registered office Level 4, House of Sport 190 Great Dover Street London, SE1 4YB
Country of registration England and Wales
Country of incorporation United Kingdom
Patron
Sir Keith Mills
Key management personnel
Sarah Kaye, Chief executive officer (joined April 2023) Tom Burstow, Deputy Chief Executive Officer (left May 2024) Chris Sawyer, Head of Delivery (left April 2024) Debbie Salman, Chief Finance Officer Emma Heel, Head of Insight and Strategy Toyin Higgs, Head of Inclusion and People (joined June 2023) Mark Woods, Head of Marketing and Communications (joined SLT December 2023) Nicola Walker, Chief Executive Officer (left April 2023)
Isha Sadiq, Head of People, Culture and Inclusion (left April 2023)
Trustees
Trustees, who are also directors under company law, who served during the year and up to the date of this report were as follows: Simon Cummins Carnegie Smyth Karen Buchanan Kilian Toms Louise Dier Martin Stewart Priya Nair Rebecca Mills Trevor Watkins Roger Gochin James Miller (appointed February 2024)
Bankers
HSBC Bank plc 1-3 Bishopsgate London EC2N 3AQ
Solicitors
Pinsent Masons LLP 30 Crown Place, Earl Street London, EC2A 4ES Onside Law (pro-bono contract support) 642A Kings Road London SW6 2DU
Auditor
Sayer Vincent LLP Invicta House, 110 Golden Lane London, EC1Y 0TG
Associate Trustee
Courtenay Escorcio (appointed February 2024)
Sported Foundation Annual Report Year ended 31 March 2024
25
STATEMENT OF THE RESPONSIBILITIES OF THE TRUSTEES
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The trustees (who are also directors of Sported Foundation for the purposes of company law) are responsible for preparing the Trustees’ annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (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 incoming resources and application of resources, including 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.
-
Make judgements and estimates that are reasonable and prudent.
-
State whether applicable UK Accounting Standards and statements of recommended practice 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 charity will continue 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 statements 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 auditor is unaware.
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 auditor is 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.
Members of the charity guarantee to contribute an amount not exceeding £1 to the assets of the charity in the event of winding up. The total number of such guarantees at 31 March 2024 was 11 (2023: 10). The trustees are members of the charity but this entitles them only to voting rights. The trustees have no beneficial interest in the charity.
Auditor
Sayer Vincent LLP were appointed as the charitable company’s auditor in 2016. The Trustees’ annual report has been approved by the trustees on 24 July 2024 and signed on their behalf by:
Simon Cummins Position: Chair
Sported Foundation Annual Report Year ended 31 March 2024
26
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INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF SPORTED
Opinion
We have audited the financial statements of Sported Foundation (the ‘charitable company’) for the year ended 31 March 2024 which comprise the statement of financial activities, balance sheet, statement of cash flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 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 2024 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended
Have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice
Have been prepared in accordance with the requirements of the Companies Act 2006, the Charities and Trustee Investment (Scotland) Act 2005 and regulation 8 of the Charities Accounts (Scotland) Regulations 2006 (as amended)
Basis for opinion
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.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the trustees’ 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 Sported Foundation’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.
Sported Foundation Annual Report Year ended 31 March 2024
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Other Information
The other information comprises the information included in the trustees’ annual report other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. 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 course of 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 this gives rise to a material misstatement in the financial statements themselves. 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.
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
- The information given in the trustees’ annual report for the financial year for which the financial statements are prepared is consistent with the financial statements; and The trustees’ annual report has been prepared in accordance with applicable legal requirements
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the trustees’ annual report.
We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 and the Charities Accounts (Scotland) Regulations 2006 (as amended) require us to report to you if, in our opinion:
-
Adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
-
The financial statements are not in agreement with the accounting records and returns; or Certain disclosures of trustees’ remuneration specified by law are not made; or
-
We have not received all the information and explanations we require for our audit; or The directors 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’ annual report and from the requirement to prepare a strategic report.
Sported Foundation Annual Report Year ended 31 March 2024
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Responsibilities of trustees
As explained more fully in the statement of trustees’ responsibilities set out in the trustees’ annual report, 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 the 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 responsibilities for
the audit of the financial statements
We have been appointed as auditor under section 44(1)(c) of the Charities and Trustee Investment (Scotland) Act 2005 and under the Companies Act 2006 and report in accordance with regulations made under those Acts.
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. Misstatements 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 these financial statements.
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 are set out below.
Sported Foundation Annual Report Year ended 31 March 2024
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Capability of the audit in detecting irregularities
In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, our procedures included the following:
We enquired of management, which included obtaining and reviewing supporting documentation, concerning the charity’s policies and procedures relating to:
-
Identifying, evaluating, and complying with laws and regulations and whether they were aware of any instances of non-compliance;
-
Detecting and responding to the risks of fraud and whether they have knowledge of any actual, suspected, or alleged fraud;
-
The internal controls established to mitigate risks related to fraud or non-compliance with laws and regulations.
We inspected the minutes of meetings of those charged with governance.
-
We obtained an understanding of the legal and regulatory framework that the charity operates in, focusing on those laws and regulations that had a material effect on the financial statements or that had a fundamental effect on the operations of the charity from our professional and sector experience.
-
We communicated applicable laws and regulations throughout the audit team and remained alert to any indications of non-compliance throughout the audit.
-
We reviewed any reports made to regulators.
-
We reviewed the financial statement disclosures and tested these to supporting documentation to assess compliance with applicable laws and regulations.
-
We performed analytical procedures to identify any unusual or unexpected relationships that may indicate risks of material misstatement due to fraud.
-
In addressing the risk of fraud through management override of controls, we tested the appropriateness of journal entries and other adjustments, assessed whether the judgements made in making accounting estimates are indicative of a potential bias and tested significant transactions that are unusual or those outside the normal course of business.
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.
A further description of our responsibilities is available on the Financial Reporting Council’s website at: www.frc.org.uk. This description forms part of our auditor’s report.
Sported Foundation Annual Report Year ended 31 March 2024
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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 and section 44(1)(c) of the Charities and Trustee Investment (Scotland) Act 2005. Our audit work has been undertaken so that we might state to the charitable company’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company’s members as a body, for our audit work, for this report, or for the opinions we have formed.
Noelia Serrano (Senior statutory auditor)
Date: 29 August 2024
for and on behalf of Sayer Vincent LLP, Statutory Auditor 110 Golden Lane, LONDON, EC1Y 0TG
Sayer Vincent LLP is eligible to act as auditor in terms of section 1212 of the Companies Act 2006
Sported Foundation Annual Report Year ended 31 March 2024
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Statement of financial activities
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(incorporating expenditure and income account)
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----- Start of picture text -----
For the year ending 31 March 2024 For the year ending 31 March 2023
Notes Unrestricted Restricted Total Unrestricted Restricted Total
Income from:
Donations and Legacies 2 175,251 101,808 277,059 182,653 90,000 272,653
Charitable activities
Capacity building and
advocacy
Income for
5 792,075 1,513,959 2,306,034 533,858 1,456,325 1,990,183
direct delivery
Income for grant-making 4 - 1,305,799 1,305,799 - 2,266,768 2,266,768
Other trading activities 3 2,467 - 2,467 17,000 - 17,000
Investments 37,230 - 37,230 10,407 - 10,407
Total Income 1,007,023 2,921,566 3,928,589 743,918 3,813,093 4,557,011
Total Income 2,622,790 2,290,243
excluding grants
Expenditure on:
Raising funds 6 171,815 - 171,815 159,717 - 159,717
Charitable activities
Capacity building 6
and advocacy
Direct delivery
816,923 1,526,239 2,343,162 521,394 1,650,457 2,171,851
expenditure
Grants to groups 7 7,231 1,620,923 1,628,154 - 1,773,518 1,773,518
Total expenditure 995,969 3,147,162 4,143,131 681,111 3,423,975 4,105,086
Total expenditure
2,514,977 2,331,568
excluding grants
Net income/
11,054 (225,596) (214,542) 62,807 389,118 451,925
(expenditure) for year
Transfers between funds 1,500 (1,500) - - - -
Net movement in funds 12,554 (227,096) (214,542) 62,807 389,118 451,925
Reconciliation of funds:
Total funds brought
534,785 799,628 1,334,413 471,978 410,510 882,488
forward
Total funds carried forward 17 547,339 572,532 1,119,871 534,785 799,628 1,334,413
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All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. Movements in funds disclosed in Note 18 to the financial statements.
Sported Foundation Annual Report Year ended 31 March 2024
32
Company no. 06541137
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Balance Sheet as at 31 March 2024
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2024 2023
Notes £ £ £ £
Fixed assets:
Tangible assets 13 16,272 6,379
Current assets:
Debtors 14 419,686 459,040
Cash at bank and in hand 1,072,810 1,394,205
1,492,496 1,853,245
Liabilities:
Creditors: amounts falling due within one year 15 (388,897) (525,211)
Net current assets 1,103,599 1,328,034
Net assets 1,119,871 1,334,413
The funds of charity: 16
Restricted income funds 572,532 799,628
Unrestricted income funds
General funds 547,339 534,785
Total charity funds 1,119,871 1,334,413
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Approved by the trustees on 24 July 2024 and signed in their behalf
Name: Simon Cummins
Position: Chair
Sported Foundation Annual Report Year ended 31 March 2024
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Statement of cash flows
For the year ended 31 March 2024
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----- Start of picture text -----
Year to 31 March 2024 Year to 31 March 2023
Notes £ £ £ £
Net (expenditure)/income
(214,542) 451,925
for the reporting period
Depreciation charges 8,091 13,998
Decrease / (increase)
in debtors 39,354 (281,171)
(Decrease)/ increase
in creditors (136,314) 340,088
Cash flows used in/provided by operating activities (303,411) 524,840
Cash flows from
investing activities:
Purchase of fixed assets (17,984) (1,892)
Net cash used in
investing activities (17,984) (1,892)
Change in cash and cash equiva-
lents in the reporting period (321,395) 522,948
Cash and cash equivalents
at the beginning of the 1,394,205 871,257
reporting period
Cash and cash
equivalents at the end 1,072,810 1,394,205
of the reporting period
Analysis of cash and cash
equivalents
At 31 March
At 1 April 2023 Cash flows 2024
£ £ £
Cash at bank and in hand 1,394,205 (321,395) 1,072,810
Total cash and cash
equivalent 1,394,205 (321,395) 1,072,810
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Sported Foundation Annual Report Year ended 31 March 2024
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Notes to the financial statements For the year ended 31 March 2024
a Statutory information Sported Foundation is a charitable company limited by guarantee and is incorporated in the United Kingdom. The registered office and operational address is 4th Floor, Marathon House, 190 Great Dover Street, London SE1 4YB. b Basis of preparation 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 102) - (Charities SORP FRS 102) and the Companies Act 2006/ Charities Act 2011. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy or note. In applying the financial reporting framework, the trustees have made a number of subjective judgements, for example in respect of significant accounting estimates. Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The nature of the estimation means the actual outcomes could differ from those estimates. Any significant estimates and judgements affecting these financial statements are detailed within the relevant accounting policy below. Sported Foundation has two wholly owned subsidiaries, Sported Trading Limited, incorporated in England and Wales (company number 08623400) and Sported Limited, incorporated in England and Wales (company number 12921825). The trustees of Sported Foundation do not consider the results of the subsidiary companies to be material to the charity and so have decided not to produce consolidated accounts. c Public benefit entity The charitable company meets the definition of a public benefit entity under FRS 102. d Going concern The trustees have considered detailed plans, scenarios and cashflow forecasts for the 12 months from the date of this report and have a reasonable expectation of receiving adequate resources through contracted and pipeline funding to continue operations. Furthermore, the trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period.
Sported Foundation Annual Report Year ended 31 March 2024
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| e | Income |
|---|---|
| Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the income have been met, it is probable that the income will be received, and that the amount can be measured reliably. Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to 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. Income received in advance of the provision of a specifed service is deferred until the criteria for income recognition are met. |
|
| f | Donations of gifts, services and facilities |
| Donated professional services and donated facilities are recognised as income when the charity has control over the item or received the service, any conditions associated with the donation have been met, the receipt of economic beneft from the use by the charity of the item is probable and that economic beneft can be measured reliably. In accordance with the Charities SORP (FRS 102), volunteer time is not recognised. Please refer to the trustees’ annual report for more information about volunteers’ contributions. On receipt, donated gifts, professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic beneft on the open mar- ket; a corresponding amount is then recognised in expenditure in the period of receipt. |
|
| g | Interest receivable |
| Interest on funds held on deposit is included when receivable and the amount can be meas- ured reliably by the charity; this is normally upon notifcation of the interest paid or payable by the bank. |
|
| h | Fund accounting |
| Restricted funds are to be used for specifc purposes as laid down by the donor. Expenditure related to the specifc purpose is charged to the fund. Unrestricted funds are donations and other incoming resources received or generated for the charitable purposes. Designated funds are set aside to be used for a specifc purpose as laid down by the Board of Trustees. |
|
| i | Expenditure and irrecoverable VAT |
| Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required, and the amount of the obliga- tion can be measured reliably. Expenditure is classifed under the following activity headings: -Costs of raising funds relate to the costs incurred by the charity in inducing third parties to make voluntary contributions to it, as well as the cost of any activities with a fundraising purpose. -Expenditure on charitable activities includes the costs of delivering capacity building and advocacy services to sports clubs, providing fnancial support in the form of grants to sports clubs, and maintaining and developing resources used to measure the impact of the improv- ing access to sports activities Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred. |
Sported Foundation Annual Report Year ended 31 March 2024
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| j | Grants |
|---|---|
| Grants payable are made to third parties in furtherance of the charity’s objects. Grants are accounted for when either the recipient has a reasonable expectation that they will receive a grant and the trustees have agreed to pay the grant without condition, or the recipient has a reasonable expectation that they will receive a grant and that any condition attaching to the grant is outside of the control of the charity. |
|
| k | Allocation of support and governance costs |
| Resources expended are allocated to the particular activity where the cost relates directly to that activity. However, the cost of overall direction and administration of each activity, com- prising the salary and overhead costs of the central function, is included as part of support costs. Support and governance costs are re-allocated to each of the activities on the following ba- sis which is an estimate, based on the direct cost of each activity: -Raising funds 10% -Capacity building and advocacy 90% Governance costs are the costs associated with the governance arrangements of the charity. These costs are associated with the constitutional and statutory requirements and include any costs associated with the strategic management if the charity’s activities. |
|
| l | Operating leases |
| Rental charges are charged on a straight line basis over the term of the lease. | |
| m | Tangible fxed assets |
| Items of equipment are capitalised where the purchase price exceeds £500. Depreciation costs are allocated to activities on the basis of the use of the related assets in those activities. Assets are reviewed for impairment if circumstances indicate their carrying value may ex- ceed their net realisable value and value in use. Major components are treated as a separate asset where they have signifcantly different patterns of consumption of economic benefts and are depreciated separately over its useful life. Where fxed assets have been revalued, any excess between the revalued amount and the historic cost of the asset is shown as a revaluation reserve in the balance sheet. Depreciation is provided at rates calculated to write down the cost of each asset to its estimated residual value over its expected useful life. Fixed assets are depreciated over 3 years. |
|
| n | Debtors |
| Trade and other debtors are recognised at the settlement amount due. Prepayments are valued at the amount prepaid net of any trade discounts due. |
|
| o | 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. Cash balances exclude any funds held on behalf of members. |
Sported Foundation Annual Report Year ended 31 March 2024
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| p | Creditors and provisions |
|---|---|
| Creditors and provisions are recognised where the charity has a present obligation result- ing from a past event that 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 and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. No interest loans are recognised at face value. |
|
| q | Financial instruments |
| The charity only has fnancial assets and fnancial liabilities of a kind that qualify as basic fnancial instruments. Basic fnancial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method. |
|
| r | Pensions |
| Sported contributes to a defned contribution pension scheme for all staff at or above the statutory rate. Pension costs are accounted for as expenditure when due. |
Sported Foundation Annual Report Year ended 31 March 2024
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2 Donations and legacies
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For the year ending 31 March 2024 For the year ending 31 March 2023
Unrestricted Restricted Total Unrestricted Restricted Total
£ £ £ £ £ £
- -
Moondance Foundation (Wales) 50,000 50,000 50,000 50,000
Fundraising Event - -
46,156 46,156 66,712 66,712
- Golf Day
- -
Baillie Gifford (Scotland) 40,000 40,000 40,000 40,000
- - - -
Overbury 26,774 26,774
- - - -
Just Giving 24,122 24,122
- - - -
Sported Trading Limited 23,001 23,001
CVC 20,264 - 20,264 - - -
Cameron Norrie 15,601 - 15,601 - - -
The Warwickshire - -
11,708 11,708 5,674 5,674
Golf Club
Trust and Foundations 7,150 - 7,150 1,000 - 1,000
- -
Corporate Donations 7,000 7,000 1,764 1,764
Rind Foundation - - - 50,000 - 50,000
CVC Foundation - - - 25,000 - 25,000
Cost of Living Campaign - - - 18,552 - 18,552
Other 5,183 100 5,283 13,951 - 13,951
Total income
175,251 101,808 277,059 182,653 90,000 272,653
from donations
----- End of picture text -----
3 Income from other trading activities
This comprises consultancy and business development support and is all unrestricted income.
Sported Foundation Annual Report Year ended 31 March 2024
39
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4 Income from charitable activities -grant-making
| 4 Income from charitable activities -grant-making | 4 Income from charitable activities -grant-making | 4 Income from charitable activities -grant-making | 4 Income from charitable activities -grant-making | 4 Income from charitable activities -grant-making | 4 Income from charitable activities -grant-making | 4 Income from charitable activities -grant-making | 4 Income from charitable activities -grant-making | 4 Income from charitable activities -grant-making |
|---|---|---|---|---|---|---|---|---|
| For the year ending 31 March 2024 | For the year ending 31 March 2023 | |||||||
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |||
| £ | £ | £ | £ | £ | £ | |||
| Barclays- Community Football Fund |
- | 764,799 | 764,799 | - | 1,701,768 | 1,701,768 | ||
| Flutter - Cash4Clubs | - | 400,000 | 400,000 | - | - | - | ||
| Ring | - | 70,000 | 70,000 | - | - | - | ||
| Proctor and Gamble - RisingStars |
- | 20,000 | 20,000 | - | - | - | ||
| Vodafone | - | 25,000 | 25,000 | - | - | - | ||
| Nissan | - | 15,000 | 15,000 | - | - | - | ||
| Ballinger | - | 11,000 | 11,000 | - | - | - | ||
| Sport England Together Fund | - | - | - | - | 375,000 | 375,000 | ||
| Participatory Grant Making Model - Greater London Authority |
- | - | - | - | 45,000 | 45,000 | ||
| Participatory Grant Making Model - London Marathon |
- | - | - | - | 45,000 | 45,000 | ||
| Participatory Grant Making Model - London Sport |
- | - | - | - | 22,500 | 22,500 | ||
| CVC | - | - | - | - | 77,500 | 77,500 | ||
| - | - | - | - | |||||
| Total income from charitable activities |
- | 1,305,799 | 1,305,799 | - | 2,266,768 | 2,266,768 |
Note: In 2023, funds were transferred from other funders to increase the amount of the Participatory Grant Making Model Fund, see note 18
Sported Foundation Annual Report Year ended 31 March 2024
40
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5 Income from charitable activities - for direct delivery
| 5 Income from charitable activities - for direct delivery | 5 Income from charitable activities - for direct delivery | 5 Income from charitable activities - for direct delivery | 5 Income from charitable activities - for direct delivery | 5 Income from charitable activities - for direct delivery | 5 Income from charitable activities - for direct delivery | 5 Income from charitable activities - for direct delivery | 5 Income from charitable activities - for direct delivery | 5 Income from charitable activities - for direct delivery | 5 Income from charitable activities - for direct delivery |
|---|---|---|---|---|---|---|---|---|---|
| For the year ending 31 March 2024 | For the year ending 31 March 2023 | ||||||||
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | ||||
| £ | £ | £ | £ | £ | £ | ||||
| Active Partnerships | 26,442 | - | 26,442 | 23,724 | - | 23,724 | |||
| Barclays - Community Football Fund |
366,930 | - | 366,930 | 310,683 | - | 310,683 | |||
| Baillie Gifford | - | - | - | - | 50,000 | 50,000 | |||
| Burbo Bank Extension CommunityFund |
- | - | - | - | 5,000 | 5,000 | |||
| City Bridge Trust | - | (2,090) | (2,090) | - | 96,000 | 96,000 | |||
| Clothworkers Foundation | - | - | - | - | 5,010 | 5,010 | |||
| Football Foundation - Community Engagement Toolkit |
(6,083) | - | (6,083) | 39,000 | - | 39,000 | |||
| Flutter - Do More | 60,000 | - | 60,000 | - | - | - | |||
| Flutter - Cash4Clubs | 62,333 | - | 62,333 | - | - | - | |||
| Garfeld Western Foundation |
- | 150,000 | 150,000 | - | 50,000 | 50,000 | |||
| Ecorys - Go! London | 27,222 | - | 27,222 | - | - | - | |||
| Halifax Foundation for Northern Ireland Skilled |
- | - | - | - | 9,057 | 9,057 | |||
| Knight Frank - Limitless | 12,000 | - | 12,000 | - | - | - | |||
| National Lottery Heritage Fund NI | - | - | - | 12,210 | 12,210 | ||||
| London Sport / GLA - Organisational Training and Development Programme |
- | - | - | 20,572 | - | 20,572 | |||
| MBS and Ring Building Stronger Communities |
- | - | - | 4,320 | - | 4,320 | |||
| National Lottery Community Fund - RC England wide |
- | 255,694 | 255,694 | - | 211,305 | 211,305 | |||
| Nissan | 37,833 | - | 37,833 | 32,150 | - | 32,150 | |||
| Peter Harrison -Empower South Lanarkshire |
- | 20,000 | 20,000 | - | - | - | |||
| Participatory Grant MakingModel - London |
- | 7,500 | 7,500 | - | - | - | |||
| Participatory Grant MakingModel - London |
- | 5,000 | 5,000 | - | - | - | |||
| Procter & Gamble Rising Stars | 24,152 | - | 24,152 | - | - | - | |||
| The Rank Foundation - Start Here |
- | 29,615 | 29,615 | - | 34,000 | 34,000 | |||
| Ring - Building Stronger Communities |
21,000 | - | 21,000 | - | - | - |
Continued overleaf
Sported Foundation Annual Report Year ended 31 March 2024
41
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5 Income from charitable activities - for direct delivery - continued
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----- Start of picture text -----
For the year ending 31 March 2024 For the year ending 31 March 2023
Unrestricted Restricted Total Unrestricted Restricted Total
£ £ £ £ £ £
Rocket Science Ltd
- -
- Go! London 79,933 79,933 4,675 4,675
St James Place - - - - 58,607 58,607
Sport England
47,965 906,574 954,539 47,631 916,686 964,317
- System Partner Grant
Sport Structures - - - 10,800 - 10,800
- - - -
Sure - Beyond Sport 21,186 21,186
- - - -
Table Tennis England 5,932 5,932
WCVA - Thrive - - - - 8,450 8,450
WCVA - Volunteering Wales - - - -
66,666 66,666
Strategic Grant
Vodafone - 75,000 75,000 - - -
Other sources of income - -
26,416 26,416 19,117 19,117
(sums less than £10,000)
Total income from charitable
792,075 1,513,959 2,306,034 533,858 1,456,325 1,990,183
activities
----- End of picture text -----
Sported Foundation Annual Report Year ended 31 March 2024
42
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Capacity building and advocacy
==> picture [509 x 512] intentionally omitted <==
----- Start of picture text -----
6a Analysis of expenditure (current reporting period)
For the year ending 31 March 2024
Direct
Raising funds Delivery Governancecosts Support Costs Total 2024
Costs
Notes £ £ £ £ £
Staff Costs 9 106,471 1,611,364 - 257,786 1,975,621
- - -
Project costs 114,636 114,636
Staff cover, consultants, -
19,933 79,223 13,173 112,329
recruitment and training
Travel and subsistence - 35,780 - 23,336 59,116
- -
Office costs and rents 23,387 29,626 53,013
Events, meetings, - -
38,619 20,497 59,116
conferences inc. mentoring
IT, databases and - -
22,668 67,536 90,204
telephones
Marketing costs - 702 - 7,578 8,280
- - -
Insurance, legal and banking 10,964 10,964
Audit - - 13,860 - 13,860
Accountancy, payroll and pensions - - -
9,747 9,747
administration
- - -
Depreciation 8,091 8,091
126,404 1,934,470 34,571 419,532 2,514,977
Grants, vouchers and equipment kits 7 - 586,472 - - 586,472
payable to members
Grants, vouchers and
equipment kits payable 7 - 1,041,682 - - 1,041,682
to non members
Direct delivery expenditure 126,404 3,562,624 34,571 419,532 4,143,131
Reallocation of support costs 41,954 377,578 - (419,532) -
Reallocation of governance costs 3,457 31,114 (34,571) - -
- -
Total expenditure 2024 171,815 3,971,316 4,143,131
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43
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Sported Foundation Annual Report Year ended 31 March 2024 43
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Capacity building and advocacy
6b Analysis of expenditure (prior reporting period) For the year ending 31 March 2023
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----- Start of picture text -----
Direct
Raising funds Delivery Governancecosts Support Costs Total 2023
Costs
Notes £ £ £ £ £
Staff Costs 9 121,511 1,609,796 - 165,509 1,896,816
- - -
Project costs 96,859 96,859
Staff cover, consultants, -
4,550 44,407 30,197 79,154
recruitment and training
Travel and subsistence - 24,571 - 18,248 42,819
- -
Office costs and rents 15,939 39,861 55,800
Events, meetings, - - -
39,205 39,205
conferences inc. mentoring
IT, databases and - -
26,809 45,499 72,308
telephones
- - -
Marketing costs 9,532 9,532
- - -
Insurance, legal and banking 10,087 10,087
Audit - - 12,416 - 12,416
Accountancy, payroll and - - -
5,191 5,191
pensions administration
- - -
Depreciation 11,381 11,381
126,061 1,868,967 27,694 308,846 2,331,568
Grants, vouchers and equipment kits 7 - 927,130 - - 927,130
payable to members
Grants, vouchers and
equipment kits payable 7 - 846,388 - - 846,388
to non members
Direct delivery expenditure 126,061 3,642,485 27,694 308,846 4,105,086
Reallocation of support costs 30,886 277,960 - (308,846) -
Reallocation of governance costs 2,770 24,924 (27,694) - -
Total expenditure 2023 159,717 3,945,369 - - 4,105,086
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44
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Sported Foundation Annual Report Year ended 31 March 2024 44
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7 Grants distributed through projects
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----- Start of picture text -----
2024 2023
£ £
Barclays Community Football Fund 1,156,671 1,122,400
Flutter Cash4Clubs 395,728 -
Vodafone 25,000 -
Sport England Together Fund 17,874 307,029
Nissan 12,000 12,160
-
Balligner 11,000
Proctor & Gamble - Rising Stars 9,881 23,200
Participatory Grant Model - 166,500
CVC Foundation - 77,500
MBS and Ring - 55,000
Sport England Tackling Fund - 8,329
Sure Beyond Sport - 1,400
1,628,154 1,773,518
----- End of picture text -----
All grants were made to member and non member groups for expenditure to further Sported’s charitable activities.
| 8 Net (expenditure)/ income for the reporting period | 8 Net (expenditure)/ income for the reporting period | 8 Net (expenditure)/ income for the reporting period | 8 Net (expenditure)/ income for the reporting period | 8 Net (expenditure)/ income for the reporting period |
|---|---|---|---|---|
| This is stated after charging: | 2024 | 2023 | ||
| £ | £ | |||
| Depreciation | 8,091 | 13,998 | ||
| Auditor’s remuneration (excludingVAT): |
11,550 | 10,800 |
9 Analysis of staff costs, trustee remuneration and expenses, and the cost of key management personnel
| 9 Analysis of staff costs, trustee remuneration and expenses, and the cost of key managementpersonnel |
9 Analysis of staff costs, trustee remuneration and expenses, and the cost of key managementpersonnel |
9 Analysis of staff costs, trustee remuneration and expenses, and the cost of key managementpersonnel |
9 Analysis of staff costs, trustee remuneration and expenses, and the cost of key managementpersonnel |
9 Analysis of staff costs, trustee remuneration and expenses, and the cost of key managementpersonnel |
|---|---|---|---|---|
| Staff costs were as follows: | 2024 | 2023 | ||
| £ | £ | |||
| Salaries and wages | 1,751,687 | 1,671,492 | ||
| Social security costs | 171,085 | 170,205 | ||
| Pension costs | 51,449 | 48,552 | ||
| Ex-gratia payments | 1,400 | - | ||
| Redundancy payments | - | 6,567 | ||
| 1,975,621 | 1,896,816 |
Sported Foundation Annual Report Year ended 31 March 2024
45
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The following number of employee benefits (excluding employer pension costs and employer national insurance contributions) during the reporting period between:
| 2024 | 2023 | |||
|---|---|---|---|---|
| No. | No. | |||
| £80,000 - £89,000 | - | 1 | ||
| £90,000 - £99,999 | 2 | 1 |
The total employee benefits, including pension contributions and employer’s national insurance, of the key management personnel were £456,834 (2023: £430,438).
The charity trustees were not paid and did not receive any other benefits from employment with the charity reporting period (2023: £nil). No trustees (2023: £nil) received reimbursement for expenses incurred on Sported business (2023: £nil).
10 Staff numbers
| 10 Staff numbers | 10 Staff numbers | 10 Staff numbers | 10 Staff numbers | 10 Staff numbers |
|---|---|---|---|---|
| The number of employees (head count based on number of staff employed) duringthe reporting period was as follows: |
2024 | 2023 | ||
| No. | No. | |||
| 48.7 | 47.8 |
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----- Start of picture text -----
The average number of employees in each area was: 2024 2023
Delivery 28 31
Network and volunteer services 5 5
Grants 4 3
Fundraising 2 2
Support 10 7
Total 49 48
----- End of picture text -----
11 Related party transactions
Aggregate donations from trustees were £4,750 including gift aid (2023:£2,000). There were no restrictions on the donations.
Sported Foundation Annual Report Year ended 31 March 2024
46
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12 Taxation
The charitable company is exempt from corporation tax as all its income is charitable and is applied for charitable purposes.
13 Tangible fixed assets
| 13 Tangible fxed assets | 13 Tangible fxed assets | 13 Tangible fxed assets | 13 Tangible fxed assets | 13 Tangible fxed assets |
|---|---|---|---|---|
| Computer equipment |
Total | |||
| £ | £ | |||
| Cost or valuation | ||||
| At the start of the reporting period | 59,816 | 59,816 | ||
| Additions during the reporting period | 17,984 | 17,984 | ||
| At the end of the reporting period | 77,800 | 77,800 | ||
| Depreciation | ||||
| At the start of the reporting period | 53,437 | 53,437 | ||
| Additions during the reporting period | 8,091 | 8,091 | ||
| At the end of the reporting period | 61,528 | 61,528 | ||
| Net book value | ||||
| At the end of the reporting period | 16,272 | 16,272 | ||
| At the start of the reporting period | 6,379 | 6,379 |
All of the above assets are used for charitable purposes.
14 Debtors
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----- Start of picture text -----
2024 2023
£ £
Trade debtors 267,884 361,793
Other debtors 18,050 5,915
Prepayments 54,301 48,182
Accrued income 79,451 43,150
419,686 459,040
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Sported Foundation Annual Report Year ended 31 March 2024
47
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----- Start of picture text -----
15 Creditors: amounts falling due within one year
2024 2023
£ £
Trade creditors 44,147 52,753
Taxation and social security 85,069 56,486
Other creditors 10,796 9,015
Accruals 32,022 20,881
Deferred Income (note 16) 214,663 134,649
Grants payable 2,200 251,427
388,897 525,211
----- End of picture text -----
Deferred income arises when unrestricted income is invoiced or received in the year but delivery of the project extends post the year end. Income is therefore recognised in line with the project delivery timelines.
16 Deferred income
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----- Start of picture text -----
2024 2023
£ £
Balance brought forward 134,649 10,572
Deferred in the year 519,314 768,891
Released in the year (439,300) (644,814)
214,663 134,649
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Sported Foundation Annual Report Year ended 31 March 2024
48
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17a Analysis of net assets between funds (current period)
General
Restricted Total funds
unrestricted
£ £ £
-
Tangible fixed assets 16,272 16,272
Net current assets 531,067 572,532 1,103,599
Net assets at the end of the year 547,339 572,532 1,119,871
----- End of picture text -----
17b Analysis of net assets between funds (prior year)
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----- Start of picture text -----
General
Restricted Total funds
unrestricted
£ £ £
-
Tangible fixed assets 6,379 6,379
Net current assets 528,406 799,628 1,328,034
Net assets at the end of the year 534,785 799,628 1,334,413
----- End of picture text -----
Sported Foundation Annual Report Year ended 31 March 2024
49
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18a Movement in funds (current period)
| 18a Movement in funds (current period) | 18a Movement in funds (current period) | 18a Movement in funds (current period) | 18a Movement in funds (current period) | 18a Movement in funds (current period) | 18a Movement in funds (current period) | 18a Movement in funds (current period) |
|---|---|---|---|---|---|---|
| At 1 April 2023 |
Income & gains |
Expenditure & losses |
Transfers between funds |
At 31 March 2024 |
||
| Restricted funds | Notes | £ | £ | £ | £ | £ |
| Barclays Community Football Fund - Grants |
579,368 | 764,799 | (1,156,671) | - | 187,496 | |
| Baillie Gifford Supporting Scotland | 13,334 | 40,000 | (40,000) | - | 13,334 | |
| Baillie Gifford Supporting Offcer Role | 42,094 | - | (23,955) | - | 18,139 | |
| Ballinger Trust | - | 11,000 | (11,000) | - | - | |
| Burbo Bank Extension CommunityFund |
2,573 | - | (2,573) | - | - | |
| City Bridge Trust | 19,970 | (2,090) | (17,880) | - | - | |
| Clothworkers Foundation | - | - | - | - | - | |
| Flutter - Cash4Clubs | - | 400,000 | (395,728) | - | 4,272 | |
| Garfeld Weston Foundation (Northern Ireland) |
25,000 | - | (25,000) | - | - | |
| Garfeld Weston Foundation (Northern Ireland and Scotland) |
- | 150,000 | - | - | 150,000 | |
| Halifax - Skilled | 615 | - | (615) | -- | - | |
| Moondance Foundation | 4,167 | 50,000 | (50,000) | - | 4,167 | |
| National Lottery Community Fund - RC England wide |
29,060 | 255,694 | (267,681) | - | 17,073 | |
| Nissan | 2,840 | 15,000 | (12,000) | - | 5,840 | |
| Participatory Grant Model | 4,500 | 12,500 | (17,000) | - | - | |
| Peter Harrison - Empower South Lanarkshire |
- | 20,000 | (2,053) | - | 17,947 | |
| Proctor & Gamble - Rising Stars | - | 20,000 | (9,881) | - | 10,119 | |
| The Rank Foundation Start Here | 15,781 | 29,615 | (30,177) | - | 15,219 | |
| Ring - Building Stronger Communities | - | 70,000 | - | - | 70,000 | |
| St James Place | 23,342 | - | (18,627) | - | 4,715 | |
| Sport England - System Partner FundingGrant |
- | 906,574 | (906,574) | - | - | |
| Sport England Together Fund | 10,587 | - | (10,587) | - | - | |
| Sure - Beyond Sport | 1,500 | - | - | (1,500) | - | |
| Vodafone - Sports.Connected |
- | 75,000 | (69,751) | - | 5,249 | |
| Vodafone - Grants | - | 25,000 | (25,000) | - | - |
Continued overleaf
Sported Foundation Annual Report Year ended 31 March 2024
50
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18a Movement in funds (current period) - continued
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----- Start of picture text -----
Transfers
At 1 April Income & Expenditure between At 31 March
2023 gains & losses funds 2024
Notes £ £ £ £ £
The Warwickshire Golf Club - 11,708 (11,708) - -
WCVA Thrive 24,897 - (24,897) - -
WCVA - Volunteering Wales Strategic - -
Grant 66,666 (17,704) 48,962
Other - 100 (100) - -
Total restricted funds 799,628 2,921,566 (3,147,162) (1,500) 572,532
Unrestricted funds
General funds 534,785 1,007,023 (995,969) 1,500 547,339
Total unrestricted funds 534,785 1,007,023 (995,969) 1,500 547,339
Total funds 1,334,413 3,928,589 (4,143,131) - 1,119,871
----- End of picture text -----
18b Movement in funds (prior year)
| 18b Movement in funds (prior year) | 18b Movement in funds (prior year) | 18b Movement in funds (prior year) | 18b Movement in funds (prior year) | 18b Movement in funds (prior year) | 18b Movement in funds (prior year) | 18b Movement in funds (prior year) |
|---|---|---|---|---|---|---|
| At 1 April 2022 |
Income & gains |
Expenditure & losses |
Transfers between funds |
At 31 March 2023 |
||
| Restricted funds | £ | £ | £ | £ | £ | |
| Barclays - Community Football Fund - Grants |
- | 1,701,768 | (1,122,400) | - | 579,368 | |
| Baillie Gifford - SupportingScotland |
13,334 | 40,000 | (40,000) | - | 13,334 | |
| Baillie Gifford - Support Offcer Role |
17,090 | 50,000 | (24,996) | - | 42,094 | |
Burbo Bank Extension CommunityFund |
- | 5,000 | (2,427) | - | 2,573 | |
| City Bridge Trust | 16,875 | 96,000 | (77,370) | (15,535) | 19,970 | |
| Clothworkers Foundation | - | 5,010 | (5,010) | - | - | |
| CVC Foundation | - | 77,500 | (77,500) | - | - | |
| Dulverton Trust | 15,000 | - | (15,000) | - | - | |
| Garfeld Weston (Northern Ireland) |
25,000 | 50,000 | (50,000) | - | 25,000 |
Continued overleaf
Sported Foundation Annual Report Year ended 31 March 2024
51
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18b Movement in funds (prior year) - continued
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----- Start of picture text -----
At 1 April Income & Expenditure Transfers At 31 March
2022 gains & losses between 2023
funds
GLA - Sport Unites Organisational Devel-opment 55,649 - (55,649) - -
Halifax - Skilled - 9,057 (8,442) - 615
National Lottery Heritage Fund NI 1,500 12,210 (13,710) - -
MBS and Ring Building Stronger Communities 55,000 - (55,000) - -
Moondance Foundation - 50,000 (45,833) - 4,167
National Lottery - Young Start 24,669 - (24,669) - -
National Lottery Community Fund -
- RC England wide 66,206 211,305 (248,451) 29,060
Nike 27,477 - (3,477) (24,000) -
- -
Nissan - Possibility Projects 15,000 (12,160) 2,840
-
Participatory Grant Model 112,500 (202,019) 94,019 4,500
Procter & Gamble - Fuel Her Future 23,200 - (23,200) - -
The rank Foundation Start Here - 34,000 (18,219) - 15,781
St James Place 20,235 58,607 (55,500) - 23,342
Sport England - System Funding Grant - 916,686 (916,686) - -
Sport England -Tackling Inequalities Fund 5,485 - (5,485) - -
-
Sport England Together Fund 375,000 (309,929) (54,484) 10,587
Sport Wales 541 - (541) - -
- -
Sure - Beyond Sport 2,900 (1,400) 1,500
WCVA Thrive 25,349 8,450 (8,902) - 24,897
Total restricted funds 410,510 3,813,093 (3,423,975) - 799,628
General funds 456,778 743,918 (665,911) - 534,785
Designated funds 15,200 - (15,200) - -
Total unrestricted funds 471,978 743,918 (681,111) - 534,785
Total funds 882,488 4,557,011 (4,105,086) - 1,334,413
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52
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Sported Foundation Annual Report Year ended 31 March 2024 52
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Purposes of restricted funds
Funds which are derived from grants awarded to the charity for specific projects are held as restricted funds. Grants received during the year are transferred into restricted funds and expenditure on specific projects is transferred out of restricted funds. A brief description of each of the main projects funded from restricted funds is provided below.
Transfers between funds
Transfers between funds arose as a funder agreed that left over grant money could be used to fund the project. In the prior year, some funders agreed that money from the fund could be used as a contribution to the Participatory Grant Model fund cost and grants.
19 Movements in funds
Funds and income sources A brief description of the use of each major source of funding and project is shown below. Active Partnerships: Work with cohorts of Active Partnership groups to increase their resilience and generate action plans. Baillie Gifford - Supporting Scotland: Funding to support Sported’s work with groups in Scotland to become more sustainable and effective. Baillie Gifford: Funding for additional regional officer to support Sported’s work in Scotland. Ballinger Trust: Grants for community groups or small charities across South Tyneside. Barclays Community Football Fund: Offers grants and additional support resources to grassroots groups. The small grants will be dedicated to making football more accessible, and will continue our work to reduce inequalities in the participation of sport and physical activity. Burbo Bank Extension Community Fund: Delivery of a Connected Communities model with a small cohort of groups in the North Wales area. City Bridge Trust, the funding arm of The City of London Corporation’s charity, Bridge House Estates (1035628): Connected Communities: Launch and embed new community-led Connected Communities model in London aimed at improving social integration through grassroots sport by building the capacity, resilience and partnerships of community groups. Clothworks Foundation: Funding to purchase new laptops. CVC: Funding including to distribute grants to Sported members in Northern Ireland and Wales. Dulverton Trust: Funding for core costs. Ecorys - Go! London: Providing capacity building support, and supporting the development and implementation of communities of Learning within the Evaluation contracts. Flutter Cash4Clubs: Funding received to distribute to community groups across the UK and Ireland.
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Flutter - Do More: Funding received to research and prepare a design for a global grants programme. Football Foundation: Design and write a community engagement online toolkit which Football Foundation applicants can access and utilise to help them with their community engagement and to help shape their proposed projects which they are requesting funding for. Garfield Weston Foundation: Scotland and Northern Ireland: Funding for core costs. Halifax Foundation - Skilled: Upskilling Vols and members by developing a training package to support the Sported network. Knight Frank - Limitless: To transform the lives of young people from diverse backgrounds – through the creation and development of deep impact through local inclusive wellbeing hubs and creating reach through building inclusive practices to all communities across Great Britain. National Lottery Heritage Fund NI: Analysing archive material; hosting interviews, focus groups and events with Sported network (intergenerational) and key stakeholders to compile a report to showcase the impact of grassroots sport in shaping communities across NI. London Sport/GLA - Sport Unites: Organisational Support and Development: Building and sharing best practice sustainably amongst community sports groups across London . MBS and RING Building Stronger Communities: Funding received to distribute grants to the Sported and Streetgames network. Moondance Foundation: Funding for core costs in Wales. National Lottery Community Fund Young Start Programme - Project 21: Funding to support community groups in Dundee to address inequality in sport and to promote inclusion for disabled young people. National Lottery Community Fund - RC England wide: Develop and implement our three Wand physical wellbeing, to connect community sport groups for collective action. NISSAN: Delivery of Sported ‘hub and spoke’ model where groups with limited disability knowledge learn from others with significant experience, go through training and are provided with grants to support delivery. NISSAN - Possibilities Project: Work with 3 community running groups to develop their capacity and support a young person learning to run with a prosthetic provided by the Richard Whitehead Foundation. Give £15,000 in the form of grants to at least 3 community groups to develop their capacity for disability activities (with a focus on running). Participatory Grant Model: Design of a participatory grant model, and distribution of a collaborative pot of funds focussing on Black-led groups serving Black communities in London. Procter and Gamble - Fuel Her Future: P&G Always campaign featuring Sported as charity partner. Funds to provide Sported groups with a kit pack and grants to support their activities with women and girls. Procter and Gamble - Rising Stars: Grant distribution / Marketing for P&G around Paris 2023 / Young leaders style programme.
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The Rank Foundation Start Here: Funding to finance a new NI Support Officer and upskilling of existing staff. Ring Building Stronger Communities: Grant programme aimed at groups delivering sport for the purpose of building safer communities and who are struggling with the cost of living crisis. Rocket Science - Go London!: Providing capacity building support within the Grant Management & Evaluation Contracts. St James Place: Work with at least 16 community groups in Dundee, Glasgow, Belfast and Cardiff to increase their inclusion capacity and provide more opportunities for young people with disabilities in sport. Sport England - Together Fund: Distribute funds to Sported members in most immediate need across all regions including cost of living grants. Sport England - System Partner Funding: Funding to support the England team to deliver services to members - linking with other system partners and stakeholders in the sector. Sport Structures: Supporting Sport Structures to diversify attendees at their sessions - Recruiting tutors, creating local hubs of learning, reviewing workshops and resources, and producing case studies. Sport Wales: Member Engagement : Funding to increase volunteer and member engagement. Volunteers will engage with a cohort of members and connect with them on a monthly basis. Sure - Beyond Sport: To encourage as many Sported members as possible to get their coaches/volunteers/young leaders to complete the Sure Breaking Limits online modules and for those people to reach as many young people as possible to encourage them to move more. Table Tennis England: Research to determine the barriers and challenges for Young People to take part in Table Tennis. Vodafone - Sports.Connected: Supporting groups to improve digital connectivity and capability. Groups complete digital tool, have access to SIMs. Vodafone - Grants: Distribution of grants to communities across the UK. The Warwickshire Golf Club: Donation for our core work in the West Midlands. WCVA -Welsh Council for Voluntary Action - Thrive: Provision of Business Development Officer for Wales focussed on developing the sustainability of Sported in Wales focused on commercial FR income via SMEs.
20 Legal status of the charity
The charity is a company limited by guarantee and has no share capital. The liability of each member in the event of winding up is limited to £1.
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Contact
+44 (0) 203 848 4670 info@sported.org.uk sported.org.uk
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Registered Charity Number: 1123313 / SCO43161 VAT Registered: 317 0130 53
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