Charity registration No. 1133694 Company Registration No. 07027448 (England and Wales)
Sports Connections Foundation
Financial statements For the year ended 31 August 2024
Sports Connections Foundation
Legal and administrative information
Trustees
Secretary Registered charity number Company number Registered office
Independent examiner
Bankers
Sports Connections Foundation
Contents
Page
Sports Connections Foundation
Trustees’ report For the year ended 31 August 2024
Objectives, activities, achievements and performance
Use Sport to Help and Inspire Children.’
Inspire Through Sport programme
“Developing positive futures for children and young people”.
Sports Connections Foundation
Trustees’ report For the year ended 31 August 2024
Sporting Wishes programme
“Making dreams come true for children living with life-limiting illnesses & conditions”.
Inspire Through Sport International programme
“Using Sport and education to help guide children away from a life of poverty”.
Trustees’ report For the year ended 31 August 2024
Sports Connections Foundation
Prokick Schools Challenge Programme
“Increasing participation in sport, building self-esteem, resilience and education about global citizenship”.
Financial review
Reserves policy
Risk Management
Structure, governance and management
Governing document
Sports Connections Foundation
Trustees’ report For the year ended 31 August 2024
Tax status
Trustees
Capacity of Trustees
Appointment of Trustees
Public benefit statement
Reference and administrative details
Trustees' responsibilities in relation to financial statements
Sports Connections Foundation
Trustees’ report For the year ended 31 August 2024
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Trowr Stage
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[twee Sin _
Chair of Trustees
Sports Connections Foundation
Independent examiner’s report to the trustees of Sports Connections Foundation For the year ended 31 August 2024
Respective responsibilities of trustees and examiner
Basis of independent examiner's report
Independent examiner's statement
[ YAACAOFTDARBBAAGDocuSigned[WA] by: SCs ees Simon Hall FCCA CTA Saffery LLP
Sports Connections Foundation
Statement of financial activity For the year ended 31 August 2024
| 2024 | 2024 | 2024 | 2023 | ||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Note | £ | £ | £ | £ | |
| Income and endowments from: | |||||
| Donations and legacies | 84,780 | 37,040 | 121,820 | 138,067 | |
| Charitable activities: | |||||
| Schools programme - Prokick | 14,983 | - | 14,983 | 44,835 | |
| Inspire Through Sport | 33,260 | 30,000 | 63,260 | 14,677 | |
| Gift aid | 6,125 | - | 6,125 | 8,901 | |
| Other trading activities: | |||||
| Eventincome | 39,179 | - | 39,179 | 42,701 | |
| Investments: | |||||
| Bank interest received | 373 | - | 373 | 468 | |
| Total income and endowments | 178,700 | 67,040 | 245,740 | 249,649 | |
| Expenditure on: | |||||
| Raising funds | 37,332 | - | 37,332 | 26,012 | |
| Charitable activities | 142,247 | 77,755 | 220,002 | 254,635 | |
| Total expenditure | 2 | 179,579 | 77,755 | 257,334 | 280,647 |
| Net income/(expenditure) | (879) | (10,715) | (11,594) | (30,998) | |
| Transfers | - | - | - | ||
| Net income/(expenditure) | (879) | (10,715) | (11,594) | (30,998) | |
| Balance brought forward | 32,112 | 42,949 | 75,061 | 106,059 | |
| Balance carried forward | 31,233 | 32,234 | 63,467 | 75,061 |
Sports Connections Foundation
Balance sheet As at 31 August 2024
| 2024 | 2023 | |||||
|---|---|---|---|---|---|---|
| Note | £ | £ | £ | £ | £ | |
| Fixed assets | ||||||
| Intangible fixed assets | 5 | 1,303 | 1,955 | |||
| Tangible fixed assets | 6 | 4,099 | 7,405 | |||
| 5,402 | 9,360 | |||||
| Current assets | ||||||
| Debtors | 7 | 2,000 | 997 | |||
| Cash atbankand inhand | 57,647 | 67,516 | ||||
| 59,647 | 68,513 | |||||
| Creditors: amounts falling due | ||||||
| within one year | 8 | 1,582 | 2,812 | |||
| Net current assets | 58,065 | 65,701 | ||||
| Total assets | 63,467 | 75,061 | ||||
| Funds | ||||||
| Unrestricted income fund | 31,233 | 32,112 | ||||
| Restricted income funds | 10 | 32,234 | 42,949 | |||
| Total assets | 63,467 | 75,061 |
Trustees’ responsibilities
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[ Tresor [trow] Signed by: [Sing]
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Chair of Trustees Company Registration No. 07027448
Sports Connections Foundation
Notes to the financial statements (continued) For the year ended 31 August 2024
1. Accounting policies
1.1 Charity information
1.2 Accounting convention
- 1.3 Going concern
1.4 Cash and cash equivalents
-
1.5 Fixed assets
-
1.6 Income
Sports Connections Foundation
Notes to the financial statements (continued) For the year ended 31 August 2024
1. Accounting policies (continued)
1.7 Expenditure
1.8 Fund accounting
1.9 Taxation
1.10 Employee benefits
Sports Connections Foundation
Notes to the financial statements (continued) For the year ended 31 August 2024
1. Accounting policies (continued)
1.11 Financial instruments
Basic financial assets
Other financial assets
Basic financial liabilities
Other financial liabilities
- 1.12 Leases
1.13 Government grants
Sports Connections Foundation
Notes to the financial statements (continued) For the year ended 31 August 2024
| 2. | Analysis of total expenditure | ||||
|---|---|---|---|---|---|
| 2024 | 2024 | 2024 | 2023 | ||
| Direct | Support | Total | Total | ||
| £ | £ | £ | £ | ||
| Expenditure on raising funds | |||||
| Eventand fundraising costs | 30,656 | 6,676 | 37,332 | 26,012 | |
| 30,656 | 6,676 | 37,332 | 26,012 | ||
| Expenditure on charitable | |||||
| activities |
| Other expenditure | |||
|---|---|---|---|
| Total | 161,955 | 95,379 257,334 |
280,647 |
| Support costs | 2024 | 2023 | |
| £ | £ |
Sports Connections Foundation
Notes to the financial statements (continued) For the year ended 31 August 2024
| 3. | Employees | |||
|---|---|---|---|---|
| Support costs | 2024 | 2023 | ||
| £ | £ | |||
| Wages and salaries | 157,888 | 159,639 | ||
| Social security costs | 8,575 | 8,559 | ||
| Pension costs | 3,317 | 3,126 | ||
| 169,779 | 171,324 | |||
| Number of employees | 2024 | 2023 | ||
| Number | Number | |||
| The average number ofemployees duringthe yearwas: | 6 | 7 | ||
| No employee received remuneration in excess of£60,000 (2023: 0) | ||||
| 4. | Trustees and related party transactions | |||
| No Trustee, or persons connected with the Trustees, received any | remuneration or were | |||
| reimbursedanyexpenses fromthe charityduringtheyear (2023: None). | ||||
| During the year no donations (2023: None) were received from a | company owned and | |||
| controlledbya Trustee. | ||||
| 5. | Intangible fixed assets | |||
| Software Total | Software Total | Software Total | ||
| £ | £ | |||
| Cost | ||||
| At 1 September 2023 | 3,259 | 3,259 | ||
| Additions | - | |||
| Disposals | - | |||
| At 31 August2024 | 3,259 | 3,259 | ||
| Amortisation | ||||
| At 1 September 2023 | 1,304 | 1,304 | ||
| Charge for theyear | 652 | 652 | ||
| Eliminated on disposal | - | |||
| At 31 August2024 | 1,956 | 1,956 | ||
| Net Book Value |
Sports Connections Foundation
Notes to the financial statements (continued) For the year ended 31 August 2024
| 6. | Tangible fixed assets | ||
|---|---|---|---|
| Office | |||
| Equipment Total | Equipment Total | ||
| £ | £ | ||
| Cost | |||
| At 1 September 2023 | 13,221 | 13,221 | |
| Additions | - | ||
| Disposals | - | ||
| At 31 August2024 | 13,221 | 13,221 | |
| Depreciation | |||
| At 1 September 2023 | 5,816 | 5,816 | |
| Charge for theyear | 3,306 | 3,306 | |
| Eliminated on disposal | - | ||
| At 31 August2024 | 9,122 | 9,122 | |
| Net Book Value | |||
| At 31 August2023 | 7,405 | 7,405 | |
| At 31 August2024 | 4,099 | 4,099 | |
| 7. | Debtors | ||
| 2024 | 2023 | ||
| £ | £ | ||
| Trade debtors | - | 268 | |
| Prepayments and accrued income | 2,000 | 729 | |
| 2,000 | 997 | ||
| 8. | Creditors: amounts falling due within one year | ||
| 2024 | 2023 | ||
| £ | £ | ||
| Other creditors | 1,582 | 2,812 | |
| 1,582 | 2,812 | ||
| 9. | Analysis of assets between funds | ||
| 2024 | 2024 | 2024 | |
| Unrestricted | Restricted | Total | |
| Fund | Fund | ||
| £ | £ | £ |
Sports Connections Foundation
Notes to the financial statements (continued) For the year ended 31 August 2024
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|---|---|---|---|
|10.|Restricted income funds|
|Balance|Balance|
|1 Sept|31 Aug|
|2023|Income|Expenditure|2024|
|£|£|£|£|
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Inspire Through Sport- Developing sport. Sporting Wishes- Making dreams come conditions. Inspire Through Sport International- froma life of poverty. Prokick Schools Challenge- Increasing and education about global citizenship. Street Games- ITS Programme - Activities delivered in Huntingdon & St Million Hours 19k- ITS programme -
Sports Connections Foundation
Statement of financial activity For the year ended 31 August 2023
| Prior year financial activity: | 2023 | 2023 | 2023 |
|---|---|---|---|
| Unrestricted | Restricted | Total | |
| Funds | Funds | Funds | |
| £ | £ | £ |
| Total income and endowments | |
|---|---|
| Expenditure on: | |
| Raising funds | |
| Charitable activities | |
| Other expenditure | |
| Total expenditure | 2 |
| Net income/(expenditure) | |
| Transfers | |
| Net income/(expenditure) | |
| Balance brought forward | |
| Balance carried forward |