Docusign Envelope ID. 7A283714-ABO84F4B-BOB￿B9Bl47OATTDc Charity registration number 1135364 (England and Wales) Company registration number 07120992 GRASSROOT SOCCER (UK) ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Docusign Envelope ID. 7A283714-ABO84F4B-BOB￿B9Bl47OATTDc GRASSROOT SOCCER (UK) LEGAL AND ADMINISTRATIVE INFORMATION Contents Page Trustees, Report Statement of trustees, responsibilitr.es Independent auditor's report Statement of linancial activities Balance Sheet ststement of cash flows io Notes to the financial statements 11-18 Trustees A N Haigh D Seale E Summe D Gallagher T Clark (Served as CEO during the year) Q Fortune R Hobbis R Kovaleva Charity number IEngland and Wales) 1135364 Company number 07120992 Registered office 63-66 Hatton Garden, Fifth Floor, Suite 23, London, ECIN 8LE Auditor HW Flsher Audit, Acre House, 11-15 William Road. London NWI 3ER Bankers National Wesminster Bank Plc, 46 Nothng Hill Gate. Nothng Hill, London. Wll 3HZ Docusign Envelope ID. 7A283714-ABO84F4B-BOB￿B9Bl47OATTDc GRASSROOT SOCCER (UK) TRUSTEES, REPORT (INCLUDING DIREcfoRS' REPORT) FOR THE YEAR ENDED 31 DECEMBER 2024 The trustees present their report and financial statements for the year ended 31 December 2024. The financial statements have been prepared in accordance wwth the accounting policies set out in note I to the financial statements and comply with the Companies Act 2006 and "Accounting and Reporbng 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 IFRS 1021 (effective l January 20191" ABOUT GRASSROOT SOCCER Grassroot Soccer IGRSI is an adolescent health organization that leverages the power of soccer to equip young people with the life-5aving information. services, and mentorship they need to live healthier lives. GRS trains and empower5 young community leaders and role models as Coaches to deliver critical health education 3n(I 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 IGRS 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 communicatr.ons and assist with fundraising and events. GRS UK is registered as a charitable company under the Companie5 Act 2006 in the United Kingdom. VISION, MISSION AND PRINCIPLES Our Mission: Grassroot Soccer IGRSI is an adolescent health organization that leverages the power of soccer to equip young people with the life-saving informatr"on. services, and mentorship they need to live healthier lives. Our Vision: A world mobilised through soccer to create a healthy generation. Our Principles: l. Young people have vast potentr.al 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, holislK, and community-wide approach. CHARITABLE OBJEcnvES 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 hand in hand with its parent, Grassroot Soccer, Inc. 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 positr.ve social change. GRASSROOT 50CCER'S WORK Grassroot Soccer IGRSI 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: 11 An adolescent-friendly and evidence-based health Curriculum, 21 The supportive influence of local mentor and role model Coaches, and 31 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-ba5ed programs, led by trained local mentors, incorporate soccer into dynamic lessons about health and welness that engage young people and break down cultural barriers. Grassroot Soccer provides technical assistsnce to organizations throughout the world that seek to adopt the GRS model. By working alongside local implementing partners. they are able to increase the stale and impact of thar 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 projett design support, curriculum development, training delivery, organizatt.onal development, monitoring and evaluatr"on, 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 28.000.000 young people through wt5 programmes and partnerships. and has demonstrated remarkable results. In 2024, 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. Docusign Envelope ID. 7A283714-ABO84F4B-BOB￿B9Bl47OATTDc GRASSROOT SOCCER (UK) TRUSTEES, REPORT (INCLUDING DIREcfoRS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 GOVERNANCE AND MANAGEMENT GRS UK is a charitsble 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 object5 and power5 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 one to three times per year and delegates the day-to-day operations of the UK organi5ation to the UK Director in consultation with the Chief Executive Officer. The directors of GRS are its trustees, collectively known as the Board of Trustees. The trustees Se￿ed during the year and up to the date of signature of the fi.nancial statement-. A N Haigh Dseale Esumme D Gallagher R Moore Hobbis (Appointed on 30 September 20241 Q Fortune (Appointed on 28 October 20241 R Kovaleva IAppointed on 30 September 20241 Dr Tommy Clark Iserved as the Chief Executive Officer during the yearl New trustees are appointed by the existing trustees or member5. A5 soon as appointment occurs land often prior tol. trustees receive a full slate of information related to the charity. This includes governance and policies li.e. conflict of interest, safeguarding, insurance and liability coverage), as well as documents relevant to our work and the ajolescents we reach with our programs. New trustees will meet with the chair and various stsff to ask questions and learn about the operations of the organizatr"on. The Charity Commission approved revised Articles of Association for Grassroot Soccer UK in May 2019. All trustees give of their 'me 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. FUNDRAISING 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 relation5hip5. The fundraising efforts for Grassroot Soccer UK are performed in conjunction with the fun(Iraising 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'5 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 reporhng. This mainly focuses on children, and the people we serve, but it applies to all areas of the charity's work. RELATED PARTIES Grassroot Soccer UK acts as a fundinE partner within Grnssroot Soccer. Inc. la 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 the utmost accountability and transparency with donors and partners. GRS involves diverse Stakeholders in number of areas of it5 operations to ensure prograrnming is functioning at the highest capacity. including local government5 and stakeholders, local and international implementing partners, and donors. The multi-faceted nature of GRS'S approach Ihealth, 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. Docusign Envelope ID. 7A283714-ABO84F4B-BOB￿B9Bl47OATTDc GRASSROOT SOCCER (UK) TRUSTEES, REPORT (INCLUDING DIREcfoRS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 RISK MANAGEMENT The Trustees are responsible for identifying and reviewing the risk5 to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. The trustees have identified two relevant risk5 in the current landscape. The first is linancial in that very few of the programmatic expenses of the charity are incurred in Sterling, $0 are subject to fluctuating currency exchanges. This risk is minimised by working to move funds lespecially grant funds) into the currency of spend as soon as possible. The other risk identr.fied is operatr.onal 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 leach in the adolescent health world. PUBLIC BENEFIT The Trustees confirm that they have complied with the duty in the Charities Art 2011 to have due regard to the Charity Commission's guidance on public benefit. which addresses the need for all charib"es' aims to be, denY)nstrably, for the public benefit. FINANCIAL REVIEW The charity continues to fund its activities through corporate and individual donations and from fundraising events. Totsl income raised in the year was £550,40312023= £1.221.5591 of which £nil12023'. £nill was restricted. Total expenditure was £812,913 12023= £896,736). RESERVES POLICY As at 31 December 2024, the Charity had reserves totsling £588,59212023= £851.1021, of which £nil12023.' £nill were restrirted. GRS UK has very few direct operatr.ng expenses and tskes 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 sufficEnt for future needs. 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 see5 Potential for its soccer-based demand creation model to become embedded in the national strategies of every country facing a generalised epidemic. In 2025, GRS UK will focus on the following 5 objectives= Objective I.. Strengthen existing donor and partner relationships Objective 2.. Unrestricted fundraising Objective 3.. Build presence and raise awareness of GRS in UK Objective 4.. Leverage power of soccer and promote soccer to the forefront of the organization Disclosure of information to auditor Each of the trustees has confi.rmed that there is no information of which they are aware which is relevant to the audit, but of which the auditor 15 unaware. They have further confirmed that. individually they have taken appropriate steps to identify such relevant information and to estsblish that the auditor is aware of such information. AUDITOR In accordance with the charitable company's articles, a resolution proposing that HW Fisher Audit reappointed as auditor of the company will be put at a General Meetr"ng. half of the board BDY4FB¥S13CXI A N Haigh Trustee Dated- 19 September 2025 Docusign Envelope ID. 7A283714-ABO84F4B-BOB￿B9Bl47OATTDc GRASSROOT SOCCER (UK) STATEMENT OF TRUSTEES, RESPONSIBILITIES FOR THE YEAR ENDED 31 DECEMBER 2024 The trustees, who are also the directors of Grassroot Soccer (UK} for the purpose of company law, are responsible for preparing the Trustee5' Report and the financial statements in accordance with applicable law and United Kingdom P£counting Standard5 (United Kingdom Generally Accepted Accounting Prathcel. Company law requires the trustees to prepare financial statements for each financial year which gve 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= select 5Ultable accounting policies and then apply them conslStently- observe the methods and principles in the Charities SORP- make judgements and estimates that are reasonable and prudent- state whether applicable UK Accounting Standards have been followed. subject to any material departures disclosed and explained in the financial statements- and prepare the financial statement5 ori the going concern basis unle55 it 15 inappropriate to presuirp that the charity will wntinue in operation. 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 chaiity and hence for taking reasonable steps for the preventr.on and detectt.on of fraud and other irregularitie5. Docusign Envelope ID. 7A283714-ABO84F4B-BOB￿B9Bl47OATTDc GRASSROOT SOCCER (UK) INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF GRASSROOT SOCCER (UK) Opinion We have audited the financial statements of Grassroot Soccer IUKI Ithe charity'l for the year ended 31 December 2024 which comprise the statement of financial activities. the balance sheet. the statement of cash flows and notes to the financial statements, including signilicant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Finonciol ReportFng Stondord opplicoble in the UK ond Republic of Irelond (United Kingdom Generally Accepted Accountr"ng Practr"cel. In our opinion, the financial ststements.. give a true and fair view of the state of the charitable company's affairs as at 31 December 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- and have been prepared in accordance with the requirements of the Companies Act 2006. Basis for opinion We conducted our audit in accordance with International Standards on Auditing IUKI IISAS IUKII and applicable law. Our responsibilities under those standards are further described in the Auditor s responsibilities for the oudit of thefi'nonciol stotements sectr.on 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 sufliciert 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 concem basis of accounting in the preparation of the fi.nancial 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 p)ing 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 rpport. 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 responsibilwty 15 to read the other information and. in doing so. consider whether the other information is materially inconsistent with the linancial ststements 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 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= the informatr.on given in the trustees, report for the financial year for which the financial statements are prepared, which includes the directors. report prepared for the purposes of company law. 15 COnSlStent with the financial statement5,' and the directors, report included wrthin the trustees, report has been prepared in accordance with applicable legal requirement5. Docusign Envelope ID. 7A283714-ABO84F4B-BOB￿B9Bl47OATTDc GRASSROOT SOCCER (UK) INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF GRASSROOT SOCCER (UK) Matters on which we are required to report by exception In the light of the knowledge and understanding of the charity and its environment obtsined in the course of the audit, we have not identified material misststements in the directors. report included wwthin the trustees. report. We have nothing to report in respect of the following matters in relation to which the Companies P