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← Grassroot Soccer (UK)

2023-12-31-accounts

Charity Registration No. 1135364

Company Registration No. 07120992 (England and Wales)

GRASSROOT SOCCER (UK)

ANNUAL REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

GRASSROOT SOCCER (UK)

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees A N Haigh D Seale E Summe D Gallagher T Clark (Served as CEO during the year) Charity number 1135364 Company number 07120992 Registered office 63-66 Hatton Garden Fifth Floor Suite 23 London EC1N 8LE Auditor HW Fisher LLP Acre House 11-15 William Road London NW1 3ER United Kingdom Bankers National Westminster Bank Plc 46 Notting Hill Gate Notting Hill London W11 3HZ

GRASSROOT SOCCER (UK)

CONTENTS

Page
Trustees' report 1 - 4
Statement of trustees' responsibilites 5
Independent auditor's report 6 - 8
Statement of fnancial actvites 9
Balance sheet 10
Statement of cash fows 11
Notes to the fnancial statements 12 - 17

GRASSROOT SOCCER (UK)

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)

FOR THE YEAR ENDED 31 DECEMBER 2023

The trustees present their report and financial statements for the year ended 31 December 2023.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)".

Objectives and activities

Grassroot Soccer (GRS) is an adolescent health organization that leverages the power of soccer to equip young people with the life-saving information, services, and mentorship they need to live healthier lives. GRS trains and empowers young community leaders and role models as Coaches to deliver critical health education and support to youth in their communities. GRS delivers comprehensive programming through affiliate country programmes in Zambia and South Africa, and works as a technical assistance provider with organisations in over 45 countries.

The contributions of Grassroot Soccer UK (GRS UK) are to provide programmatic oversight and grant management support, and to facilitate the sharing of best practices between GRS partner organisations and affiliates. GRS UK is a registered charity with its own Board of Directors and brand ambassadors who contribute to GRS’s communications and assist with fundraising and events. GRS UK is registered as a company under the Companies Act 2006 in the United Kingdom.

Vision, Mission and Principles

Our Mission: Grassroot Soccer (GRS) is an adolescent health organization that leverages the power of soccer to equip young people with the life-saving information, services, and mentorship they need to live healthier lives.

Our Vision: A world mobilised through soccer to create a healthy generation.

Our Principles:

  1. Young people have vast potential to create meaningful change and play a significant role in realising a healthy future for themselves.

  2. Soccer is an ideal way to reach, educate, and inspire young people in a language they understand and enjoy. 3. Solving public health challenges for adolescents requires an integrated, collaborative, holistic, and community-wide approach.

Charitable objects

The objects of GRS UK are to empower youth around the world with the knowledge, skills, and support to live a healthy life. GRS UK works to achieve this objective by prospecting and securing funding for its partner organisations overseas, and by bringing visibility to the power of soccer to further positive social change.

GRASSROOT SOCCER (UK)

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2023

Achievements and performance

Grassroot soccer's work

Grassroot Soccer (GRS) programs leverage the universal appeal of soccer as a platform to reach adolescents during this critical developmental time. Using soccer as the hook, GRS engages adolescents in making healthy decisions through their 3C’s: 1) An adolescent-friendly and evidence-based health Curriculum, 2) The supportive influence of local mentor and role model Coaches, and 3) a fun, inclusive, and positive Culture. This model empowers adolescents to make educated choices about pressing health challenges such as HIV/AIDS, sexual health, gender-based violence, mental health, COVID-19 and malaria. GRS's evidence-based programs, led by trained local mentors, incorporate soccer into dynamic lessons about health and wellness that engage young people and break down cultural barriers.

Grassroot Soccer provides technical assistance to organizations throughout the world that seek to adopt the GRS model. By working alongside local implementing partners, they are able to increase the scale and impact of their programs in an efficient and sustainable way. GRS works with local community-based and international organizations to adapt, deliver, and evaluate the GRS model in their local communities. Technical assistance from GRS often includes project design support, curriculum development, training delivery, organizational development, monitoring and evaluation, and fundraising. GRS has also launched soccer-based development initiatives with governments, corporations, and civil society partners worldwide.

Since 2002, GRS globally has reached over 25,000,000 young people through its programmes and partnerships, and has demonstrated remarkable results. In 2023, Grassroot Soccer continued to address adolescents' greatest health challenges, reaching close to 2,000,000 young people with life-saving health information and services on topics including sexual and reproductive health, HIV, gender-based violence, mental health and more.

Charitable activities

The objects of GRS UK are to empower youth around the world with the knowledge, skills, and support to live a healthy life. GRS UK works to achieve this objective by prospecting and securing funding for its partner organisations overseas, and by bringing visibility to the power of soccer to further positive social change.

Grassroot soccer presence

GRS UK is establishing a presence in London that has strengthened the commitment of existing UK-based partners and secured new revenue streams by implementing effective, targeted fundraising strategies and building strong relationships.

Financial review

The charity continues to fund its activities through corporate and individual donations and from fundraising events. Total income raised in the year was £1,221,559 (2022: £479,605 ) of which £nil (2022: £nil) was restricted. Total expenditure was £896,736 (2022: £269,529).

Reserves policy

As at 31 December 2023, the Charity had reserves totaling £851,102 (2022: £526,279 ), of which £nil (2022: £nil) were restricted. GRS UK has very few direct operating expenses, and takes measures to get money out to affiliates for programming and keep low reserves in the UK. The trustees are satisfied that the reserves held within the Charity are sufficient for future needs.

Risk management

The Trustees are responsible for identifying and reviewing the risks to which the charity is exposed and for ensuring that appropriate controls are in place to provide reasonable assurance against fraud and error. The trustees have identified two relevant risks in the current landscape. The first is financial in that very few of the programmatic expenses of the charity are incurred in Sterling, so are subject to fluctuating currency exchanges. This risk is minimized by working to move funds (especially grant funds) into the currency of spend as soon as possible. The other risk identified is operational and is the effect of the political and world heath views on HIV and adolescent health, which can affect funding. This risk has led to the development of a strategic plan that will allow for a more nimble approach to growth and the cycle of funding and broaden our reach in the adolescent health world.

GRASSROOT SOCCER (UK)

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2023

Future developments

GRS UK is aligned with and supports GRS’s global strategy, which seeks to build on existing partnerships to achieve broad, sustainable adoption of its model by strategic stakeholders. This includes national governments, INGOs, and community partners in its core countries and beyond. GRS sees potential for its soccer-based demand creation model to become embedded in the national strategies of every country facing a generalised epidemic.

In 2024, GRS UK will focus on the following 5 objectives:

Governance and Management

GRS UK is a charitable company limited by guarantee, incorporated on 9 January 2010 and registered as a charity on 7 April 2010. The company was established under a Memorandum of Association, which established the objects and powers of the charitable company and is governed under its Articles of Association.

The Grassroot Soccer UK Board of Directors governs the charity in the UK and is responsible for determining policies and overseeing the strategic direction of the organisation. The Board meets three times per year and delegates the day-to-day operations of the UK organisation to the UK Director in consultation with the Chief Executive Officer.

New trustees are appointed by the existing trustees or members. As soon as appointment occurs (and often prior to), trustees receive a full slate of information related to the charity. This includes governance and policies (i.e. conflict of interest, safeguarding, insurance and liability coverage), as well as documents relevant to our work and the adolescents we reach with our programs. New trustees will meet with the chair and various staff to ask questions and learn about the operations of the organization.

The Charity Commission approved revised Articles of Association for Grassroot Soccer UK in May 2019. All trustees give of their time freely and no trustee remuneration was paid during the year. Trustees are required to disclose all relevant interests and in accordance with the charity’s policy withdraw from decision where a conflict of interest arises.

The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

A N Haigh D Seale E Summe D Gallagher T Clark (Served as CEO during the year)

None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up.

GRASSROOT SOCCER (UK)

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2023

Related parties

Grassroot Soccer UK acts as a funding partner within Grassroot Soccer, Inc. (a non-profit corporation in the United States). Also under the affiliation of Grassroot Soccer, Inc. are two companies who directly implement programming objectives of Grassroot Soccer, Inc. These companies are Grassroot Soccer South Africa and Grassroot Soccer Zambia.

Accountability

GRS UK strives for upmost accountability and transparency with donors and partners. GRS involves diverse stakeholders in a number of areas of its operations to ensure programming is functioning at the highest capacity, including local governments and stakeholders, local and international implementing partners, and donors. The multi-faceted nature of GRS’s approach (health, education, soccer, youth development, child protection) puts GRS in a unique position to serve as a link between various wings of government and social services, including ministries of health, education, youth, sport, and social development.

Public benefit

The Trustees confirm that they have complied with the duty in the Charities Act 2011 to have due regard to the Charity Commission’s guidance on public benefit, which addresses the need for all charities’ aims to be, demonstrably, for the public benefit.

Fund raising

GRS UK is establishing a presence in London that has strengthened the commitment of existing UK-based partners and secured new revenue streams by implementing effective, targeted fundraising strategies and building strong relationships. The fundraising efforts for Grassroot Soccer UK are performed in conjunction with the fundraising efforts of Grassroot Soccer, Inc. in the US. The staff and resources are shared. Neither the charity or anyone acting on its behalf is subscribed to any fundraising schemes in benefit of the organization. The charity uses a consultant to support with logistics of events that take place in the UK, but is not a professional fundraiser. The work is managed and closely monitored by the GRS, Inc staff, event committees and the charity’s board. There were no complaints received by the charity during the year about any of it’s fundraising efforts, and the charity works hard with all staff across the world to steward great relationships. The safeguarding of staff, volunteers, participants as well as any current or potential donors against undue influence is a top priority. All staff and volunteers sign a safeguarding policy and are required to attend online training in safeguarding and reporting. This mainly focuses on children, and the people we serve, but it applies to all areas of the charity’s work.

Auditor

In accordance with the company's articles, a resolution proposing that HW Fisher LLP be reappointed as auditor of the company will be put at a General Meeting.

Disclosure of information to auditor

Each of the trustees has confirmed that there is no information of which they are aware which is relevant to the audit, but of which the auditor is unaware. They have further confirmed that, individually they have taken appropriate steps to identify such relevant information and to establish that the auditor is aware of such information.

The trustees' report was approved by the Board of Trustees.

...............30 August 2024

A N Haigh

Trustee

GRASSROOT SOCCER (UK)

STATEMENT OF TRUSTEES' RESPONSIBILITIES

FOR THE YEAR ENDED 31 DECEMBER 2023

The trustees, who are also the directors of Grassroot Soccer (UK) for the purpose of company law, are responsible for preparing the Trustees' 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 charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.

In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity 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 charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

GRASSROOT SOCCER (UK)

INDEPENDENT AUDITOR'S REPORT

TO THE MEMBERS OF GRASSROOT SOCCER (UK)

Opinion

We have audited the financial statements of Grassroot Soccer (UK) (the ‘charity’) for the year ended 31 December 2023 which comprise the statement of financial activities, the balance sheet, the statement of cash flows and the 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:

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 charity 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 the charity’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.

Other information

The other information comprises the information included in the 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 our audit:

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the directors' report included within the trustees' report.

GRASSROOT SOCCER (UK)

INDEPENDENT AUDITOR'S REPORT (CONTINUED)

TO THE MEMBERS OF GRASSROOT SOCCER (UK)

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the statement of trustees' responsibilities, the trustees, who are also the directors of the charity for the purpose 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 charity’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

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, is detailed below.

As part of our planning process:

GRASSROOT SOCCER (UK)

INDEPENDENT AUDITOR'S REPORT (CONTINUED)

TO THE MEMBERS OF GRASSROOT SOCCER (UK)

The key procedures we undertook to detect irregularities including fraud during the course of the audit included:

Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements even though we have properly planned and performed our audit in accordance with auditing standards. The primary responsibility for the prevention and detection of irregularities and fraud rests with the trustees of the charity.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https://www.frc.org.uk/ auditors responsibilities. This description forms part of our auditor's report.

Use of our report

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. 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 auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company’s members as a body, for our audit work, for this report, or for the opinions we have formed.

Andrew Rich Andrew Rich (Senior Statutory Auditor) for and on behalf of HW Fisher LLP

Chartered Accountants Statutory Auditor Acre House 11-15 William Road London NW1 3ER United Kingdom .........................17 Sep 2024

GRASSROOT SOCCER (UK)

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 DECEMBER 2023

Unrestricted Unrestricted
funds funds
2023 2022
Notes £ £
Income from:
Events income and donatons 3 635,556 313,691
Charitable actvites
Events income 4 582,108 165,500
Investment income 5 3,895 414
Total income 1,221,559 479,605
Expenditure on:
Raising funds 6 333,527 45,608
Charitable actvites 7 563,209 223,921
Total resources expended 896,736 269,529
Net income for the year/
Net movement in funds 324,823 210,076
Fund balances at 1 January 2023 526,279 316,203
Fund balances at 31 December 2023 851,102 526,279

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.

GRASSROOT SOCCER (UK)

BALANCE SHEET

AS AT 31 DECEMBER 2023

2023
Notes
£
Current assets
Debtors
12
72,207
Cash at bank and in hand
815,967
888,174
Creditors: amounts falling due within one year
13
(37,072)
Net current assets
Income funds
Unrestricted funds - general
The fnancial statements were approved by the Trustees on .........................
..............................
A N Haigh
Trustee
30 August, 2024		 £
851,102
851,102
851,102		 2022
£
13,402
526,197
539,599
(13,320)		 £
526,279
526,279
526,279

Company Registration No. 07120992

GRASSROOT SOCCER (UK)

STATEMENT OF CASH FLOWS

FOR THE YEAR ENDED 31 DECEMBER 2023

Notes
Cash fows from operatng actvites
Cash generated from operatons
17
Investng actvites
Investment income received
Net cash generated from investng actvites
Net cash used in fnancing actvites
Net increase in cash and cash equivalents
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year		 2023
£
3,895		 £
285,875
3,895
-
289,770
526,197
815,967		 2022
£
414		 £
197,160
414
-
197,574
328,623
526,197

GRASSROOT SOCCER (UK)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

1 Accounting policies

Charity information

Grassroot Soccer (UK) is a private company limited by guarantee incorporated in England and Wales. The registered office is 63-66 Hatton Garden, Fifth Floor, Suite 23, London, EC1N 8LE.

1.1 Accounting convention

The financial statements have been prepared in accordance with the Companies Act 2006 and "Accounting and eeporting by Charities: Statement of eecommended Practice applicable to charities preparing their accounts in accordance with the Financial eeporting Standard applicable in the UK and eepublic of Ireland (FeS 102) (effective 1 January 2019)". The charity is a Public Benefit Entity as defined by FeS 102.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest pound.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2 Going concern

The trustees of Grassroot Soccer (UK), alongside the board members and senior management team of the parent charity, Grassroot Soccer, Inc. continually monitor operating costs and have put plans in place to mitigate any risks. The charity's income increased this year due to in-person fundraising events held in the UK, but the charity's fixed cost base remains low and thus the other variable cost the charity incurs (outside of event expenditure), grant funding, can be flexed depending on the level of income received and reserves available to the charity. For the above reasons, the trustees have a reasonable expectation that Grassroot Soccer (UK) can continue as a going concern for the foreseeable future and thus the financial statements have been prepared on the going concern basis.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

1.4 Income

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid is recognised at the time of the donation.

1.5 Expenditure

Costs of raising funds includes those costs incurred to organise and stage the fundraising events.

Grants payable are transfers of funds to affiliates of the Charity, in furtherance of the Charity's charitable objectives. The affiliates notify the Charity when additional funding of the charitable activity is required, whereupon the Charity transfers the funds to this affiliate, through its US parent GeS Inc.

1.6 Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FeS 102 to all of its financial instruments.

The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. These financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

GRASSROOT SOCCER (UK)

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023

2 Critical accounting estimates and judgements

The trustees are satisfied that there are no significant accounting estimates or judgements in the financial statements.

3 Donations and Gifts

2023
2022
£
£
Events income and Donatons
635,556
Events income and Donatons
-
-
Non Gala event
435,556
101,391
Pledge
200,000
200,000
Gif Aid
-
12,300
635,556
313,691
4
Charitable actvites
Grants
received
Grants
received
2023
2022
£
£
Events - Tables and Aucton tckets
582,108
165,500
5
Investment income
Unrestricted
Unrestricted
funds
funds
general
general
2023
2022
£
£
Interest receivable
3,895
414		 2023
£
635,556
-
435,556
200,000
-
635,556
Grants
received
2023
£
582,108		 2023
£
635,556
-
435,556
200,000
-
635,556
Grants
received
2023
£
582,108		 2022
£
-
101,391
200,000
12,300
313,691
Grants
received
2022
£
165,500

GRASSROOT SOCCER (UK)

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023

6
7
8		 Raising funds
Unrestricted
Unrestricted
funds
funds
general
general
2023
2022
£
£
Fundraising costs
Staging fundraising events
253,468
32,657
Support costs
80,059
12,951
333,527
45,608		 Raising funds
Unrestricted
Unrestricted
funds
funds
general
general
2023
2022
£
£
Fundraising costs
Staging fundraising events
253,468
32,657
Support costs
80,059
12,951
333,527
45,608		 Raising funds
Unrestricted
Unrestricted
funds
funds
general
general
2023
2022
£
£
Fundraising costs
Staging fundraising events
253,468
32,657
Support costs
80,059
12,951
333,527
45,608
45,608
Charitable actvites
Grant funding of actvites (see note 8)
Share of support costs (see note 9)
Share of governance costs (see note 9)
Grants payable
NPC Grassroot Soccer South Africa
Grassroot Soccer Zambia
2023
£
320,358
219,900
22,951
563,209
2023
197,085
123,273
320,358		 2022
£
209,888
949
13,084
223,921
2022
209,888
-
209,888

Grassroot Soccer (UK) paid all grant monies in the year £320,358 (2022:£209,888) to Grassroot Soccer,Inc. who then distribute the funds to the affiliates.

GRASSROOT SOCCER (UK)

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023

9 Support costs

Support costs
Governance
costs
£
£
Support costs (Group)
153,916
-
Other labour and venue rental Costs
65,984
-
Professional fees (Consultng)
80,059
-
Audit fees
-
21,986
Accountancy
-
965
299,959
22,951
Analysed between
Fundraising
80,059
-
Charitable actvites
219,900
22,951
299,959
22,951		 2023
£
153,916
65,984
80,059
21,986
965
322,910
80,059
242,851
322,910		 2022
£
13,900
-
-
12,340
744
26,984
12,951
14,033
26,984

Governance costs includes payments to the auditors of £21,986 (2022: £12,340) for audit fees and non audit fees £965 (2022: £744).

10 Trustees

None of the trustees (or any persons connected with them) received any remuneration or reimbursement of expenses during the year.

11 Employees

The average monthly number of employees during the year was:

2023 2022
Number Number
Administratve staf 1 -

There was one employee in the UK for 2023 and none during 2022.

The key management personnel of the Charity comprise the Board of Trustees and the Head of Grassroot Soccer UK. Whilst some staff, both of the Charity, and its US affiliate, manage the day to day affairs of the charity, all strategic decisions are taken by the Trustees who are directly involved in the running of the Charity, along with the Head of Grassroot Soccer UK.

The trustees receive no remuneration for their work.

Total remuneration paid to key management personnel in the year was £nil (2022: £nil). There were no employees whose annual remuneration was £60,000 or more.

GRASSROOT SOCCER (UK)

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023

12 Debtors

Amounts falling due within one year:
Trade debtors
Other debtors
Prepayments and accrued income		 2023
£
70,333
465
1,409
72,207		 2022
£
12,351
-
1,051
13,402

13 Creditors: amounts falling due within one year

Creditors: amounts falling due within one year
Other taxaton and social security
Accruals and deferred income		 2023
£
1,143
35,929
37,072		 2022
£
-
13,320
13,320

14 Analysis of net assets between funds

Unrestricted Unrestricted
funds funds
2023 2022
£ £
Fund balances at 31 December 2023 are represented by:
Current assets/(liabilites) 851,102 526,279
851,102 526,279

15 Related party transactions

Grassroot Soccer UK's parent company Grassroot Soccer, Inc. is based in the US. They also have affiliates in South Africa, Zambia and Zimbabwe where most of their projects are undertaken. Thomas Clark, Chief Executive Officer of Grassroot Soccer, Inc. is a member of all boards of the Grassroot Soccer affiliates, however, it is the US board that has authority over all Grassroot Soccer activities in South Africa, Zambia, Zimbabwe and the UK. Grassroot Soccer (UK) pay grant monies and other staff costs (detailed in note 7 to the financial statements) to Grassroot Soccer,Inc. who then distribute the funds accordingly to the affiliates.

16 Parent undertaking

The ultimate controlling party of Grassroot Soccer UK is its parent company, Grassroot Soccer, Inc. which is based in the US, registered office: 15 Lebanon Street, Hanover, NH 03755, USA.

GRASSROOT SOCCER (UK)

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2023

17
Cash generated from operatons
Surplus for the year
Adjustments for:
Investment income recognised in statement of fnancial actvites
Movements in working capital:
(Increase) in debtors
Increase in creditors
Cash generated from operatons
18
Analysis of changes in net funds
The charity had no debt during the year.		 2023
£
324,823
(3,895)
(58,805)
23,752
285,875		 2022
£
210,076
(414)
(12,502)
-
197,160

Issuer

Issuer HW Fisher Document generated Tue, 17th Sep 2024 10:04:06 BST Document fingerprint 58169614d0c0af2af8378aba4f702cfa

Parties involved with this document

Document processed

Party + Fingerprint

Tue, 17th Sep 2024 10:15:41 BST Andrew Rich - Signer (f21f104c253d6ff4d39b01ab0d6fa084) Audit history log Date Action Tue, 17th Sep 2024 10:15:41 BST Andrew Rich viewed the envelope (195.170.27.102) Tue, 17th Sep 2024 10:15:41 BST This envelope has been signed by all parties (195.170.27.102) Tue, 17th Sep 2024 10:15:41 BST Andrew Rich signed the envelope (195.170.27.102) Tue, 17th Sep 2024 10:15:25 BST Andrew Rich viewed the envelope (195.170.27.102) Tue, 17th Sep 2024 10:15:21 BST Andrew Rich opened the document email. (195.170.27.102) Tue, 17th Sep 2024 10:15:21 BST Andrew Rich opened the document email. (195.170.27.102) Tue, 17th Sep 2024 10:05:41 BST Document emailed to arich@hwfisher.co.uk (18.130.16.173) Tue, 17th Sep 2024 10:05:41 BST Sent the envelope to Andrew Rich (arich@hwfisher.co.uk) for signing (217.207.100.70) Tue, 17th Sep 2024 10:04:07 BST Document generated with fingerprint 58169614d0c0af2af8378aba4f702cfa (217.207.100.70) Tue, 17th Sep 2024 10:04:06 BST Envelope generated by Thin McMahon (217.207.100.70)