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2022-09-30-accounts

UNITED KINGDOM ARMED FORCES WINTER SPORTS ASSOCIATION (UKAFWSA) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2022

INTRODUCTION

  1. The CSWSA was formed in 1950 to provide a focus for the various disciplines of winter sports in the Services. It was retitled UKAFWSA in Dec 16. Its Registered Charity Number is 1138305 and Company No 07033277. The Registered address is UKAFWSA, c/o MOD ASCB, MacKenzie Building, Fox Lines, Queens Avenue, Aldershot, Hants, GU11 2LB.

MISSION

  1. The UKAFWSA’s mission is to provide an organisation for the pursuit of winter sports excellence at Inter Services level, which represents the pinnacle of winter sports achievement in the Services, thereby furthering the provision of access to winter sports at competitive and all other levels to HM Forces personnel.

OBJECTIVES

  1. The objectives of the Association are to:

a. Provide governance of winter sports in the Services and where possible ensure a consistent approach to winter sports within each discipline across all 3 Services.

b. Procure funding through sponsorship, non-public and public (where appropriate approval exists) funds and to ensure the fair and equitable allocation of these funds to individual winter sports disciplines.

c. Provide formally-structured committees within which each discipline’s interests are fully represented.

d. Provide an overarching organisational framework and environment within which winter athletes can compete at the highest level within the Services.

e. Promote the interests of HM Forces through UK Armed Forces (UKAF) sport consistent with current Defence Corporate Communications policy.

ORGANISATION

  1. Managing Trustees. The UKAFWSA comprised 5 Trustees as follows:

UKAFWSA Trustees Report 21/22 – 1

a. Cdre R Winter RN Chair UKAFWSA b. Cdre J Woodard RN Chair RNWSA c. Maj Gen D Crook Chair AWSA d. Gp Capt M Cunningham RAF Chair RAFWSF e. Brig R Haldenby Trustee

  1. Sub-Committees. Sub-committees of the UKAFWSA exist for each discipline as follows:

  2. a. Alpine.

  3. b. Ice Sports – Bobsleigh, Luge and Skeleton.

  4. c. Cresta.

  5. d. Nordic – Cross Country and Biathlon.

  6. e. Snowboard.

  7. f. Telemark.

COMMITTEE STRUCTURE AND CONDUCT OF BUSINESS

7. Trustees.

(1) To provide strategy and policy in furtherance of the aims and objectives of the Association.

(3) To approve nominations for Patron, President, Chair and Secretary of the Association and Discipline Chair.

(1) Chair. The Chair, who is to be a serving senior officer with a strong interest in winter sports, will be nominated and approved by members of the UKAF Sports Board. He is responsible for the supervision of the Association’s finances and for the overall management of the Association’s business.

(2) Chair of Single-Service Winter Sports Associations/Federation. The Chair of the single-Service Winter Sports Associations/Federation will be standing Trustees of the UKAFWSA.

c. Frequency of Meetings. The UKAFWSA Trustees shall meet in plenary session ideally at least two times a year, sometimes 3 or 4.

UKAFWSA Trustees Report 21/22 – 2

e. Quorum. A quorum will have been achieved when the Chair and at least two representatives from each single-Service Winter Sports Association/Federation is present. Each Service will be entitled to one vote.

f. Accountability. The Council is accountable to the UKAFSB for the proper conduct of its business and national sport bodies for the correct application of their rules.

FINANCIAL POLICIES

  1. General. The Trustees are responsible for the financial health and good financial management of the UKAFWSA.

  2. Priorities for Expenditure. The priority for the use of Charity funds for the 21/22 period, unchanged from previous years, is as follows:

a. Funding Inter-Service (IS) competitions of Individual Military Training (Nordic) Category 2 (Alpine, Bobsleigh, Luge, Skeleton, Snowboard and Telemark and Cresta (up graded to CAT 2 in 2020) winter sports at an appropriate standard and level of safety.

b. Promoting the excellence, reputation, and prestige of the UKAFWSA as the governing body of UKAF Winter Sports.

e. Maintaining a reserve to ensure subsequent years competitions can be conducted should income reduce.

a. Events. The four main Championships (Inter Service Snow Sports (ISSSC), IS Ice Sports, Cresta and Nordic Championships) were each provide funds to run the events in accordance with the direction provided by the Trustees.

b. Protocol. A maximum of 15% of the income could be spent on Protocol, which included VIP hosting at UKAF events (ISSSC, IS Ice Sports Championships, Nordic and Cresta), The 2021 President’s Dinner (Nov 21) and the 2022 Cocktail Party (May 22). Owing to the COVID Pandemic the 2021 Cocktail Party was cancelled.

UKAFWSA Trustees Report 21/22 – 3

c. Grants. The Charity made grants as determined by the Trustees, which complied with the objects of the Charity and the priorities for expenditure detailed in Paragraph 9 above. For the 21/22 Season the Trustees agreed the following grants:

UKAFWSA EVENTS

  1. In 2021/22 UKAF Winter Sports was fortunate to be able to complete a near full season despite the best efforts of the pandemic. The opening of the French boarders in mid Jan 22 enabled the trustees to make a last-minute call to push on with the ISSSC and Cresta. Then the lifting of restrictions in Austria in Mid-February enabled the Inter Service Ice Championships to be completed in March. Unfortunately, the Nordic Championships were lost to the last-minute closure of the Bavarian boarders leaving no chance for alternative venues to be considered or dates moved to later in the season. So given the uncertainty over the winter period the UKAFWSA was able to realise an excellent season once it got under way. Conditions were perfect for competition and with all three Services managing to conduct lengthy training camps prior to the Championships and with the assistance from the resort in setting courses to the standard of competitor the event past without issue and with the usual high

UKAFWSA Trustees Report 21/22 – 4

standard of racing. Once again there were many closely fought competitions and congratulations must go to all the competitors, whose skill, determination, and frankly raw courage epitomises the values the UKAFWSA place so highly in our British Servicemen and Women and enables them to throw themselves down ice and snow with little more than a piece of wood, metal or fibreglass strapped on somewhere at frightening speeds. While facing a backdrop of operations and busy periods at work once again affected some participation, the UKAFWSA managed to complete all but one of its races with a high standard of competition. The one lost race at the ISSSC resulted from an official contracting COVID and the entire Hill Team having to isolate until all were considered clear to continue. There was just no space in the programme to reschedule.

SUMMARY

  1. Another excellent season from a sporting perspective. The UKAFWSA is in very good order.

SAJ Davis

SAJ Davis Lt Col (Retd) Secretary for Chairman of the Trustees

Jun 21

Enclosure:

  1. Report of the Trustees and Unaudited Financial Statements for the Year Ended 30 Sep 22.

UKAFWSA Trustees Report 21/22 – 5

REGISTERED COMPANY NUMBER.. 07033277 (England and Wale$l REGISTERED CHARITY NUMBER: 1138305 Report ofthe Trustees and Unaudltsd Flnanclal Stst•m¢nts br the Y•ar End￿ 30 Sept•mbar 2022 for Tho UK Amied Forcèi Wlnter Sports A880clatlon Dl81 SqLJare Assoclaleg Holdlngs Limllad Chartered Accounlanls 9 St Georgè's Ysrd F8rnha Surrey GU9 7LW

The UK Armed Forces Wint•r Sports Association Cont8nts of the FSnan¢lal statements for the Year Ended 30 Sèptember 2022 PA90 Rèport of the Trust809 Indopendont Examlner's R•p¢)rt Statèmont ol Flnanclal Actlvllle$ Balancè Sheet Note8 to the Flnanelal Statements 6 10 9 Datallgd Statement of Flnanclal Actlvlllos 10 ¢0 11

The UK Armed Forces Wtntsr Sports Association R*port ofthe Trustee$ for tho Yoar Ended 30 Septembgr 2022 Tho trustees who are 8180 direotors ol the charily for the purposes of the Companies Act 200e, present Ihair igport with the financl81 stslernents of the charity for tho year ended 30 S8ptgmber 2022. The trustees have adopted the provlslons of Accounllng and Roporting by Charltles.. Stslemenl of Recommended Practlce applicable lo charlties preparlng their accounts In awordanco wlth the Financlsl Reporting Slondard applicabla in tho UK and RepuL)Ilc of Ireland IFRS 1021 {effectlve 1 January 20191. STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng do¢ument The charity is oDn¢rolled by its goveming document, a dead of trust, and conslllute5 a liMtt￿ (xjmpany, limited by guarantee, as d8fined by the Companles Act 2￿6. Rl8k managemont Th6 tru5tO8s have B dLty lo idenllfy and revlew tho risks to which the charlty Is gxposed and to en5UfQ 8pproprfale controls ara in pl8cg to provide re8sonabla assur8nce agalnsl fraud and error. REFERENCE AND ADMINISTRATIVE DETAILS Règi$lered Company numbèr 07033277 (England and Wales) Rogl8tèred Charlty numbor 1138305 Reglst¢r•d offlca Alexandra Hou6e Sl Johns Street Sallsbury Wiltshlre SP12SB Tru8teo8 BrfgadSer R Haldonby Commodore R Wlnler Group Capt M L Cunningham M8lor Gone D Crook Hm Forces Army Captsln J Woodard Hm Force6 Royal N8Vy Comp8ny Secretary Wilsons (Cornpany Secrel8rleBI Llmltad Ind•pendent Exomln•r l R Fulcher Instllute of Chartered Accountants In Englgnd and Wales Dlal Square Assodalgs Hoklings Llmiled Chartèred Accounlanls 9 St George's Y£¥d Famharn Surray GU9 ILW Approv￿ by ord&r ol the board oftrustees on.........2Q.aanu8ry 202a.,..... and slgned on Ils behalf by.. Brigadier R Haldenby. Page 1

Independent Examlierfs Report to the Trustees of The UK Armed Forces Winter Sport8 Assoclatlon Independent examlnerfs report to thè trustees of The UK Armod Forces W*ntèr Sports Assoclatlon I'the Compan￿) I report to the Charity Irust88s on my axamination of th8 8c¢ounls of th& Company for the year ended 30 Septembgr 2022. Responslbllltles and basls of report As th8 charitws trustees of th8 Company land also its Iir8ctors for the purposes of company lawl Y￿ are reSpoN￿bIe for tho preparation of the accounts ill accordan￿ with the r&4uirernenls of the Companies Ad 20061'the 2006 Act'l. Having satisfied myself that the 8ccounls of th8 Compaiy are not requir8d to be audi18d under P8rt 16 of the 2006 Act and are eligible for independent examinatlon. l ￿port In respect of my examination of your eh8rlty'8 accounts 88 carried wl under $8Ction 145 of the Charities Act 2011 I'the 2011 Act'l. In carrying out my examination I have followed the [l'recti(￿S gwen by ihe Charity Commission under section 145(51 Ibi ol tha 2011 Act. Indepondent examlner's statement Sine& your chanty'5 gross income eXc￿ed £250,000 y)ur Èxaminer must be a memb8r of 8 listed body. I can conflrm that l am qualified to undertake th8 8xamination because l am 8 registered member of In511tut8 01 Chart6r8d Accountants in England and Wales whlch is one of the listed bodies, I have completed my examinatlon. I confimi th81 no rnatters have come lo my attention in ¢onnection with th8 examination givlng me cause to bellev8'. accounting ￿ordS were not kgpt In respect of the Company as required by section 388 of the 2CM)6 Act., or th8 accounts do not 8ccord with those records., or the accoun18 do not comply with the accounliyg reoulremenls of Section 396 of the 2006 Act other than any requirement that the Bc¢ounts glve a true and lair vSèw which is not 3 maller consSdered as part tsf 8n indep6ndenl examinatitsn". or Ihe accounts have not bean prepared In 8ccordanca wllh the method5 and prlnclples ol th6 Slalement of Rècommended Pract1￿ for gceounling and rep¢rting by eharilies lapplieable to charitl6s preparlng thelr ac¢ounts In accordance wllh the Financl81 R8POrting Standarc applieable In the UK And Republic ol IrÈland IFRS 10211. I havg no concerns and have com8 across no other melters in Connection wlth the examinatlon lo which 8ttenlion should be drawn In Ihls report In order to an8ble 8 proper understanding of the accounts lo be reached. l R Fulcher Institute of Chartgred A￿OUntantS In England and Wales Dial Square A35(Kiates Holdings Limited Chartered Acwuntants g Sl George's Yard Farnham Surrgy Gug 7LW Date..

Th& UK Armed For¢è$ ￿fjnter Sport¥ Asso¢latlon Statement of Flnanclal Activltles forthe Yaar Ended 30 Saptemb&r 2022 30.9.22 Unrestrlcted fund 30.9.21 Total funds Note8 INCOME AND ENDOWMENTS FROM Dcnabons and legaThes 397,889 Olher tr8dlng activit1è8 Investrn¢nl Incomo other inetsme 8,630 1,407 1.327 Totsl 409,172 1,327 EXPENDITURE ON Charltablè a¢tivltles norailums Oftlcars expens¢s General exp@nses Grants payable Clothing and equlpment Event axpen805 Membershlp &xpan$8 Storage 2,400 4,975 21,047 2.400 8,567 239 53 38e.743 38 192 Total 397,448 11.772 Nèt galnsl(10ss851 on Invgstmenls 13,8081 4,752 NET INCOMEIIÈXPENDITUREI 7,91e 15,8931 RECONCILIATION OF FUNDS Total funds brought fO￿ard 224,780 230,473 TOTAL FUND8 CARRIED FORWARD 232,696 224,780 The notes form part cAthe5e financial 5tstem8nts Page 3

The UK Amied Forces Wlnter 8ports Association Balknce Sheet 30 Septernber 2022 30.9.22 Unrestrlcled fun(J 30.9.21 Total funds Notes FIXEO ASSETS Inveslmgnls 38.425 40,233 CURRENT ASSETS Debtors Cash 81 bank 160,062 104,192 58,595 176,810 264,254 235,40S CREDITORS Arnounls tslling du& ￿thIn on8 yg8r 167,9831 15D,8581 NEf CURRENT A88ETS 198,271 184.547 TOTAL ASSETS LE&8 CURRENT UABILITIES 232,696 224.780 NET ASSETS 232,696 224,780 FUNDS u￿reStr￿ted fiJn¢Js 232,69e 224,780 TOTAL FUND8 232,696 224,780 The ¢haAt8ble company 18 enlltl¢d lo exempllcfi trom audll undar Secllon 477 rf the Compani05 Acl 2006 for th¢ year anded 30 Sgplgmber 2022. Tho rnember8 havo nol requirod the comgany to cblaln an audlt of 118 ffnanclol stalorneftls for the ytrar ended 30 September 2022 In ￿)rdance wth Sèctlon 476 01 the CoMpan￿S Act 2006. The trustee$ acknowledge thèlr responsibllhle8 frjr 18 ensudng th81 the ch8rllable company keops accountlng r8(x)rds that u)mply MAlh Sedons 388 and 387 of th0 Comp8nSes Act 200e and preparSng ffnancjal statements whlch give 8 truÉ and fair vlew of th8 State of affmlrs Df the charltable company as at the end of each flnandal y&8r 8n(l ol Ils su'pl(ts or defidt for each financial year lft accordance with the requirements ol Sections 394 and 395 Bnd which otherwise comply with the requlrements ol the Compèni95 Act 2008 rèlatlng lo financial statements, so far as 4)plSoable lo the charllable company. b} Thes8 financial statements have been prapgred ir5 accordance wllh the provlslons appllcable to charftablg companies subj¢¢t lo the small companie8 reglme. Th8 financial stalemants were approved by the Board of Trust888 and aulhorfsed for Issue on ond wère 8igned on Its behall by.. 20.January.202a........... R Hald6nby- Trust The notes forrn part of these fnanclal stataménts Paga 4

Thè UK Armed For¢¥9 Wintei Sports A5soclatlon Notes to the Financlèl Statement$ forth• Y9ar Ended 30 September 2022 ACCOUNTING POLICIES Ba$1$ of preparlng the flnan¢lal statsments The finanual statÉrnenls ol the tharitable company, which Is 8 publlc benefit entity under FFiS 102, have b88n pr@p8r8d in accordance with the Charitles SORP IFRS 1021 'Accounting and R9POrtlng by Charities.. Stslgrnent of Recomménd8d Practlce appllcable to charities p￿partn9 their 2eGDunts In acc(Ird8nce wlh the Flnancial Raporting Standard applicable in the UK and Républic of Ireland IFRS 1021 leffecuve 1 January 20191,. Flnanclal Reportlng Slandard 102 'The Flnancial R8POrting standa￿ 8pplicabl8 In the UK Bnd Republic of Ireland, and thè Companles Act 2006. The finAn¢ial slatem9nts hava been prgpared undér the hisloilc81 ￿5t conv8nllon, with the èxception of inve$lments which ar8 induded al market vAlue, as modlfied by the ￿ValuatIon of ￿rtain assets. Income All income Is recognlsed In the Statement ol Financ181 ActivSlles onee the charlty ha8 entitlement lo the funds. 11 Is probablé that Ihe incomo wlll be rec8lv8d 8nd the amount can be moasured rdiably. Expenditura Llabllilles 8re recognlsed as expenditure 88 Boon 08 there IB a Iggal or cOnstruct￿e obllgatlon eommittlng the tJ)arity lo th81 expendiiura, 1115 probable that a transfer ol economic b8nefils wlll bo requlred in sèttlement and tho amount of the obligatlon can bè measured reliably. Expendlture is accounted for on an awru8ls basis and has been classified under hÉ8dings that aggregate all cost related to thè e21ogory. Where costs cannot bo dlredy attrlbuled to partlcul8r headings they have beèn allocated to actlvllies on a bos18 consistant with the use of resources. Grants offered subj9Ct lo condttlgns whlch have not been met at tha year end date are noted as 8 ¢ommllm8nt but not 8ccJued as expendltur8. Taxallon The eharily Is exernpl from corporallontox on118 charllabfe acllvilles. Fund accountlng Un￿51￿CtOd funds can bfy used In accorcsancg wllh the charitablo oblectiV&$ 81 the d15crgtlon ol th& tnjslees. Restrlct8d funds can only be used for partlcular reslrlctèd purposes wllhln the oblacis ol the charlly. Rè8trfcUons 8rlse whan spepiffed by thg donor or when funds are ralsecs br particular reslrlcted purpos&s. Further explanallon Ol the nalure and purpose of each fund Is Included In the nolgs lo the finandal st8tements. OThER TRADING ACTIWTIES 30.9.22 30.9.21 Recharge Ir￿me 8,630 INVESTMENT INCOME 30.9.22 30.9.21 Othèr participatlng Interest5 Deposll account Interest 1,341 ee 1.300 27 1,407 1,327 Page 5 continued...

The UK Amed Forces Wnter Sports Assoclallon Notes to the Financlal Stattmerts- continued for the Year Ended 30 SeptèmbeT 2022 TRUSTEES. REMUNERATION AND BENEFITS There were no truste8s' remunerauon or other benèfits for the year ended 30 September 2022 nor for the year endad 30 September 2021. Trust•63' expenses t)uring the year there were expenses of £56612020- £1,503) incurred on behalf of the trusl888. COMPARATIVES FOR TrIE STATEMENT OF FINANCIAL ACTIVITIES Utvestrictèd fund INCOME AND ENDOWMENT8 FROM Invoslment income 1.327 EXPENDITURE ON Charitabl8 actlvltle8 Honorarlums Olficers expen8es Gener81 expens98 Grants payabla 2,400 S68 8.567 239 Total 11,772 Ne¢ galns on Inv8$lmgnts 4.7S2 NET INCOMEIIEXPENDITUREI 16,6931 RECONCILIATION OF FUNDS Total funds lJrou9ht forward 230,473 TOTAL FUNDS CARRIED FORWARD 224,780 FIXED A88ET INVESTMENTS Llsted Investments MARKET VALUE At 1 Oclober 2021 Revalu81ions 40,233 13,8081 AI 30 September 2022 3e.425 NET BOOK VALUE At 30 September 2022 36.425 At 30 Seplembar 2021 40,233 There ￿re no Snvestment 8s5e15 outside tha UK. Page 6 continued...

The UK Amied Fore&s Winter Sports Associatlon Notes to the Flnanclal Statements. contlnued for the Year Endod 30 September 2022 FIXED ASSET INVESTMENTS- continued Cost or valuation al 30 Septèmber 2022 Is represented by.. L5slad inv¢slments Valuatlon In 2022 C05t 13,808) 40,233 3fj.425 DEBTORS.. AMOUNTS FALLING DUE WITrIIN ONE YEAR 30.9.22 30.9.21 other d8blor8 180,082 58,595 CREDITORS., AMOUNT8 FALLING DUE WITHIN ONE YEAR 30.9.22 30,9.21 Other credllors 67,983 50,858 MOVEMENT IN FUNDS N$1 movem$nl funds At 1.10.21 At 30.9.22 UnreslrSet¢d fundB General fund 224,780 7,91e 232,896 TOTAL FUNDS 224.780 7.916 232,69e Net movemenl in funds, Included In Ihe above are as follow5.. Incorning rgsources Resources expanded Gain8 and Ios88 Movem8nl In funds Uniestrletad funds Genero1 fund 409.172 1397,4481 13,8081 7.916 TOTAL FUNDS 409,172 1397,44BI 13,8081 7,916 Pagg 7 contSnued...

The UK Armed Foices Wintsr Sports Association Notes to the Finanelttl Ststemants- continued for the Year Ended 30 September 2022 MOVEMENT IN FUNDS- contlnu•d Comparatives for movement in fund5 Net movement in lund5 Al 1.10.20 30.9.21 Unre81rlct•d fund Gèneral fund 230,473 15,6931 224,780 TOTAL FUNDS 230.473 15,6031 224.780 Comp8ratlve net movement In funds. Induded in Ihe abov9 are a8 follow8.' Incoming resources Resources expondad Gains and 108ses Movement in funds Unr•strlcted fund$ General fund 1,327 111.7721 4,752 15,6931 TOTAL FUNDS 1,327 111,7721 4.752 5,6031 A Current year 12 M￿th$ and year 12 months comblned posltlon18 88 fdl¢)ws.' Net movement In funds Al 1,10.20 Al 30.9.22 UnreBtTicted fundo General funij 230,473 2,223 232,696 TOTAL FUND8 230.473 2,223 232,696 A current year 12 month5 and prlor year 12 rnonlhs combined nat mov8ment In funds, Induded in tha abtsve are as follows.. In(xJmSng resources Resources $xpen(Je Galns arKI losses Movement in fundg Unrestrlet•d funds General I(￿d 410,499 1409.2201 2,223 TOTAL FIJND8 410,499 1409,2201 944 2.223 Page 8 continued...

Thè UK Armed Forcè$ Wrntor 5port8 Association Notes to the Hnanelal Statements. contSnu•d for the Year Ended 30 Septembor 2022 10. RELATED PARTY DISCLOSURES Th9re were no rèlated party transactio￿ forth8 year ended 30 September 2022. Page 9

Th? UK Armed Forces Wlntsr Sport5 Asso¢latlon Detailed Statement of Financial Actlvltl•s for the Year Endod 30 Septembèr 2022 3D.9.22 30.9.21 INCOME AND ENDOIMblENTS Donations ond legaclo$ Donatlons Grants 397,609 397.889 Other tradlng a¢tlvttleB Rech8rge incorne 8,630 Invèstmgnt Income Other partsclpaling Interests Deposlt accounÈ intgre81 1,341 1,300 27 1.407 1,327 Othor ineom• other Income 1,440 Totsl Incomlng rg8ourc•$ 409,172 1.327 EXPENDITURE Charltablo actlvltb•¥ onorarturns Officlals expenses Meellng axpenses Evont expensas Clothlno gnd equipment M&mbershlp e¥pen$e Stor8ge Grants lo Indlvl(Su81s- varlou8 chompion8h5p3 etc 2,400 4,433 S42 366,743 2.400 403 183 192 239 376,401 3,205 Support ¢ost8 Flnttncg Cre(Jil card oharg98 1,087 134 Governan¢e G08ts Insuran¢9 Telephone Postagè and stallonery Sunddes Accountan¢y f•#s Lagal fees Streamllne Caiiiod fward 1,161 299 500 3.371 2.280 10,372 1,182 140 1.120 5,784 227 17,983 Thls page doe5 nol foTln Part of tha st8tsJtory linanclal statements Page 10

Thè UK Armed Forces v￿￿ter Sports Assoclation Detallgd Stat&m&nt of Flnancial A¢tlvltles for the Year Ended 30 Sèptembèr 2022 30.9.22 30.9.21 Govemance costs Brought forward Computer wsts 17.g83 1,977 8,433 19,960 8.433 Tol81 resources expended 397.448 11,7T2 Net incom•1(ex￿ndl1ure} 11,724 110,4451 This page does not form part of the Statutory fInar￿al slaÉements Page11

REGISTERED COMPANY NUMBER.. 07033277 (England and Wale$l REGISTERED CHARITY NUMBER: 1138305 Report ofthe Trustees and Unaudltsd Flnanclal Stst•m¢nts br the Y•ar End￿ 30 Sept•mbar 2022 for Tho UK Amied Forcèi Wlnter Sports A880clatlon Dl81 SqLJare Assoclaleg Holdlngs Limllad Chartered Accounlanls 9 St Georgè's Ysrd F8rnha Surrey GU9 7LW

The UK Armed Forces Wint•r Sports Association Cont8nts of the FSnan¢lal statements for the Year Ended 30 Sèptember 2022 PA90 Rèport of the Trust809 Indopendont Examlner's R•p¢)rt Statèmont ol Flnanclal Actlvllle$ Balancè Sheet Note8 to the Flnanelal Statements 6 10 9 Datallgd Statement of Flnanclal Actlvlllos 10 ¢0 11

The UK Armed Forces Wtntsr Sports Association R*port ofthe Trustee$ for tho Yoar Ended 30 Septembgr 2022 Tho trustees who are 8180 direotors ol the charily for the purposes of the Companies Act 200e, present Ihair igport with the financl81 stslernents of the charity for tho year ended 30 S8ptgmber 2022. The trustees have adopted the provlslons of Accounllng and Roporting by Charltles.. Stslemenl of Recommended Practlce applicable lo charlties preparlng their accounts In awordanco wlth the Financlsl Reporting Slondard applicabla in tho UK and RepuL)Ilc of Ireland IFRS 1021 {effectlve 1 January 20191. STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng do¢ument The charity is oDn¢rolled by its goveming document, a dead of trust, and conslllute5 a liMtt￿ (xjmpany, limited by guarantee, as d8fined by the Companles Act 2￿6. Rl8k managemont Th6 tru5tO8s have B dLty lo idenllfy and revlew tho risks to which the charlty Is gxposed and to en5UfQ 8pproprfale controls ara in pl8cg to provide re8sonabla assur8nce agalnsl fraud and error. REFERENCE AND ADMINISTRATIVE DETAILS Règi$lered Company numbèr 07033277 (England and Wales) Rogl8tèred Charlty numbor 1138305 Reglst¢r•d offlca Alexandra Hou6e Sl Johns Street Sallsbury Wiltshlre SP12SB Tru8teo8 BrfgadSer R Haldonby Commodore R Wlnler Group Capt M L Cunningham M8lor Gone D Crook Hm Forces Army Captsln J Woodard Hm Force6 Royal N8Vy Comp8ny Secretary Wilsons (Cornpany Secrel8rleBI Llmltad Ind•pendent Exomln•r l R Fulcher Instllute of Chartered Accountants In Englgnd and Wales Dlal Square Assodalgs Hoklings Llmiled Chartèred Accounlanls 9 St George's Y£¥d Famharn Surray GU9 ILW Approv￿ by ord&r ol the board oftrustees on.........2Q.aanu8ry 202a.,..... and slgned on Ils behalf by.. Brigadier R Haldenby. Page 1

Independent Examlierfs Report to the Trustees of The UK Armed Forces Winter Sport8 Assoclatlon Independent examlnerfs report to thè trustees of The UK Armod Forces W*ntèr Sports Assoclatlon I'the Compan￿) I report to the Charity Irust88s on my axamination of th8 8c¢ounls of th& Company for the year ended 30 Septembgr 2022. Responslbllltles and basls of report As th8 charitws trustees of th8 Company land also its Iir8ctors for the purposes of company lawl Y￿ are reSpoN￿bIe for tho preparation of the accounts ill accordan￿ with the r&4uirernenls of the Companies Ad 20061'the 2006 Act'l. Having satisfied myself that the 8ccounls of th8 Compaiy are not requir8d to be audi18d under P8rt 16 of the 2006 Act and are eligible for independent examinatlon. l ￿port In respect of my examination of your eh8rlty'8 accounts 88 carried wl under $8Ction 145 of the Charities Act 2011 I'the 2011 Act'l. In carrying out my examination I have followed the [l'recti(￿S gwen by ihe Charity Commission under section 145(51 Ibi ol tha 2011 Act. Indepondent examlner's statement Sine& your chanty'5 gross income eXc￿ed £250,000 y)ur Èxaminer must be a memb8r of 8 listed body. I can conflrm that l am qualified to undertake th8 8xamination because l am 8 registered member of In511tut8 01 Chart6r8d Accountants in England and Wales whlch is one of the listed bodies, I have completed my examinatlon. I confimi th81 no rnatters have come lo my attention in ¢onnection with th8 examination givlng me cause to bellev8'. accounting ￿ordS were not kgpt In respect of the Company as required by section 388 of the 2CM)6 Act., or th8 accounts do not 8ccord with those records., or the accoun18 do not comply with the accounliyg reoulremenls of Section 396 of the 2006 Act other than any requirement that the Bc¢ounts glve a true and lair vSèw which is not 3 maller consSdered as part tsf 8n indep6ndenl examinatitsn". or Ihe accounts have not bean prepared In 8ccordanca wllh the method5 and prlnclples ol th6 Slalement of Rècommended Pract1￿ for gceounling and rep¢rting by eharilies lapplieable to charitl6s preparlng thelr ac¢ounts In accordance wllh the Financl81 R8POrting Standarc applieable In the UK And Republic ol IrÈland IFRS 10211. I havg no concerns and have com8 across no other melters in Connection wlth the examinatlon lo which 8ttenlion should be drawn In Ihls report In order to an8ble 8 proper understanding of the accounts lo be reached. l R Fulcher Institute of Chartgred A￿OUntantS In England and Wales Dial Square A35(Kiates Holdings Limited Chartered Acwuntants g Sl George's Yard Farnham Surrgy Gug 7LW Date..

Th& UK Armed For¢è$ ￿fjnter Sport¥ Asso¢latlon Statement of Flnanclal Activltles forthe Yaar Ended 30 Saptemb&r 2022 30.9.22 Unrestrlcted fund 30.9.21 Total funds Note8 INCOME AND ENDOWMENTS FROM Dcnabons and legaThes 397,889 Olher tr8dlng activit1è8 Investrn¢nl Incomo other inetsme 8,630 1,407 1.327 Totsl 409,172 1,327 EXPENDITURE ON Charltablè a¢tivltles norailums Oftlcars expens¢s General exp@nses Grants payable Clothing and equlpment Event axpen805 Membershlp &xpan$8 Storage 2,400 4,975 21,047 2.400 8,567 239 53 38e.743 38 192 Total 397,448 11.772 Nèt galnsl(10ss851 on Invgstmenls 13,8081 4,752 NET INCOMEIIÈXPENDITUREI 7,91e 15,8931 RECONCILIATION OF FUNDS Total funds brought fO￿ard 224,780 230,473 TOTAL FUND8 CARRIED FORWARD 232,696 224,780 The notes form part cAthe5e financial 5tstem8nts Page 3

The UK Amied Forces Wlnter 8ports Association Balknce Sheet 30 Septernber 2022 30.9.22 Unrestrlcled fun(J 30.9.21 Total funds Notes FIXEO ASSETS Inveslmgnls 38.425 40,233 CURRENT ASSETS Debtors Cash 81 bank 160,062 104,192 58,595 176,810 264,254 235,40S CREDITORS Arnounls tslling du& ￿thIn on8 yg8r 167,9831 15D,8581 NEf CURRENT A88ETS 198,271 184.547 TOTAL ASSETS LE&8 CURRENT UABILITIES 232,696 224.780 NET ASSETS 232,696 224,780 FUNDS u￿reStr￿ted fiJn¢Js 232,69e 224,780 TOTAL FUND8 232,696 224,780 The ¢haAt8ble company 18 enlltl¢d lo exempllcfi trom audll undar Secllon 477 rf the Compani05 Acl 2006 for th¢ year anded 30 Sgplgmber 2022. Tho rnember8 havo nol requirod the comgany to cblaln an audlt of 118 ffnanclol stalorneftls for the ytrar ended 30 September 2022 In ￿)rdance wth Sèctlon 476 01 the CoMpan￿S Act 2006. The trustee$ acknowledge thèlr responsibllhle8 frjr 18 ensudng th81 the ch8rllable company keops accountlng r8(x)rds that u)mply MAlh Sedons 388 and 387 of th0 Comp8nSes Act 200e and preparSng ffnancjal statements whlch give 8 truÉ and fair vlew of th8 State of affmlrs Df the charltable company as at the end of each flnandal y&8r 8n(l ol Ils su'pl(ts or defidt for each financial year lft accordance with the requirements ol Sections 394 and 395 Bnd which otherwise comply with the requlrements ol the Compèni95 Act 2008 rèlatlng lo financial statements, so far as 4)plSoable lo the charllable company. b} Thes8 financial statements have been prapgred ir5 accordance wllh the provlslons appllcable to charftablg companies subj¢¢t lo the small companie8 reglme. Th8 financial stalemants were approved by the Board of Trust888 and aulhorfsed for Issue on ond wère 8igned on Its behall by.. 20.January.202a........... R Hald6nby- Trust The notes forrn part of these fnanclal stataménts Paga 4

Thè UK Armed For¢¥9 Wintei Sports A5soclatlon Notes to the Financlèl Statement$ forth• Y9ar Ended 30 September 2022 ACCOUNTING POLICIES Ba$1$ of preparlng the flnan¢lal statsments The finanual statÉrnenls ol the tharitable company, which Is 8 publlc benefit entity under FFiS 102, have b88n pr@p8r8d in accordance with the Charitles SORP IFRS 1021 'Accounting and R9POrtlng by Charities.. Stslgrnent of Recomménd8d Practlce appllcable to charities p￿partn9 their 2eGDunts In acc(Ird8nce wlh the Flnancial Raporting Standard applicable in the UK and Républic of Ireland IFRS 1021 leffecuve 1 January 20191,. Flnanclal Reportlng Slandard 102 'The Flnancial R8POrting standa￿ 8pplicabl8 In the UK Bnd Republic of Ireland, and thè Companles Act 2006. The finAn¢ial slatem9nts hava been prgpared undér the hisloilc81 ￿5t conv8nllon, with the èxception of inve$lments which ar8 induded al market vAlue, as modlfied by the ￿ValuatIon of ￿rtain assets. Income All income Is recognlsed In the Statement ol Financ181 ActivSlles onee the charlty ha8 entitlement lo the funds. 11 Is probablé that Ihe incomo wlll be rec8lv8d 8nd the amount can be moasured rdiably. Expenditura Llabllilles 8re recognlsed as expenditure 88 Boon 08 there IB a Iggal or cOnstruct￿e obllgatlon eommittlng the tJ)arity lo th81 expendiiura, 1115 probable that a transfer ol economic b8nefils wlll bo requlred in sèttlement and tho amount of the obligatlon can bè measured reliably. Expendlture is accounted for on an awru8ls basis and has been classified under hÉ8dings that aggregate all cost related to thè e21ogory. Where costs cannot bo dlredy attrlbuled to partlcul8r headings they have beèn allocated to actlvllies on a bos18 consistant with the use of resources. Grants offered subj9Ct lo condttlgns whlch have not been met at tha year end date are noted as 8 ¢ommllm8nt but not 8ccJued as expendltur8. Taxallon The eharily Is exernpl from corporallontox on118 charllabfe acllvilles. Fund accountlng Un￿51￿CtOd funds can bfy used In accorcsancg wllh the charitablo oblectiV&$ 81 the d15crgtlon ol th& tnjslees. Restrlct8d funds can only be used for partlcular reslrlctèd purposes wllhln the oblacis ol the charlly. Rè8trfcUons 8rlse whan spepiffed by thg donor or when funds are ralsecs br particular reslrlcted purpos&s. Further explanallon Ol the nalure and purpose of each fund Is Included In the nolgs lo the finandal st8tements. OThER TRADING ACTIWTIES 30.9.22 30.9.21 Recharge Ir￿me 8,630 INVESTMENT INCOME 30.9.22 30.9.21 Othèr participatlng Interest5 Deposll account Interest 1,341 ee 1.300 27 1,407 1,327 Page 5 continued...

The UK Amed Forces Wnter Sports Assoclallon Notes to the Financlal Stattmerts- continued for the Year Ended 30 SeptèmbeT 2022 TRUSTEES. REMUNERATION AND BENEFITS There were no truste8s' remunerauon or other benèfits for the year ended 30 September 2022 nor for the year endad 30 September 2021. Trust•63' expenses t)uring the year there were expenses of £56612020- £1,503) incurred on behalf of the trusl888. COMPARATIVES FOR TrIE STATEMENT OF FINANCIAL ACTIVITIES Utvestrictèd fund INCOME AND ENDOWMENT8 FROM Invoslment income 1.327 EXPENDITURE ON Charitabl8 actlvltle8 Honorarlums Olficers expen8es Gener81 expens98 Grants payabla 2,400 S68 8.567 239 Total 11,772 Ne¢ galns on Inv8$lmgnts 4.7S2 NET INCOMEIIEXPENDITUREI 16,6931 RECONCILIATION OF FUNDS Total funds lJrou9ht forward 230,473 TOTAL FUNDS CARRIED FORWARD 224,780 FIXED A88ET INVESTMENTS Llsted Investments MARKET VALUE At 1 Oclober 2021 Revalu81ions 40,233 13,8081 AI 30 September 2022 3e.425 NET BOOK VALUE At 30 September 2022 36.425 At 30 Seplembar 2021 40,233 There ￿re no Snvestment 8s5e15 outside tha UK. Page 6 continued...

The UK Amied Fore&s Winter Sports Associatlon Notes to the Flnanclal Statements. contlnued for the Year Endod 30 September 2022 FIXED ASSET INVESTMENTS- continued Cost or valuation al 30 Septèmber 2022 Is represented by.. L5slad inv¢slments Valuatlon In 2022 C05t 13,808) 40,233 3fj.425 DEBTORS.. AMOUNTS FALLING DUE WITrIIN ONE YEAR 30.9.22 30.9.21 other d8blor8 180,082 58,595 CREDITORS., AMOUNT8 FALLING DUE WITHIN ONE YEAR 30.9.22 30,9.21 Other credllors 67,983 50,858 MOVEMENT IN FUNDS N$1 movem$nl funds At 1.10.21 At 30.9.22 UnreslrSet¢d fundB General fund 224,780 7,91e 232,896 TOTAL FUNDS 224.780 7.916 232,69e Net movemenl in funds, Included In Ihe above are as follow5.. Incorning rgsources Resources expanded Gain8 and Ios88 Movem8nl In funds Uniestrletad funds Genero1 fund 409.172 1397,4481 13,8081 7.916 TOTAL FUNDS 409,172 1397,44BI 13,8081 7,916 Pagg 7 contSnued...

The UK Armed Foices Wintsr Sports Association Notes to the Finanelttl Ststemants- continued for the Year Ended 30 September 2022 MOVEMENT IN FUNDS- contlnu•d Comparatives for movement in fund5 Net movement in lund5 Al 1.10.20 30.9.21 Unre81rlct•d fund Gèneral fund 230,473 15,6931 224,780 TOTAL FUNDS 230.473 15,6031 224.780 Comp8ratlve net movement In funds. Induded in Ihe abov9 are a8 follow8.' Incoming resources Resources expondad Gains and 108ses Movement in funds Unr•strlcted fund$ General fund 1,327 111.7721 4,752 15,6931 TOTAL FUNDS 1,327 111,7721 4.752 5,6031 A Current year 12 M￿th$ and year 12 months comblned posltlon18 88 fdl¢)ws.' Net movement In funds Al 1,10.20 Al 30.9.22 UnreBtTicted fundo General funij 230,473 2,223 232,696 TOTAL FUND8 230.473 2,223 232,696 A current year 12 month5 and prlor year 12 rnonlhs combined nat mov8ment In funds, Induded in tha abtsve are as follows.. In(xJmSng resources Resources $xpen(Je Galns arKI losses Movement in fundg Unrestrlet•d funds General I(￿d 410,499 1409.2201 2,223 TOTAL FIJND8 410,499 1409,2201 944 2.223 Page 8 continued...

Thè UK Armed Forcè$ Wrntor 5port8 Association Notes to the Hnanelal Statements. contSnu•d for the Year Ended 30 Septembor 2022 10. RELATED PARTY DISCLOSURES Th9re were no rèlated party transactio￿ forth8 year ended 30 September 2022. Page 9

Th? UK Armed Forces Wlntsr Sport5 Asso¢latlon Detailed Statement of Financial Actlvltl•s for the Year Endod 30 Septembèr 2022 3D.9.22 30.9.21 INCOME AND ENDOIMblENTS Donations ond legaclo$ Donatlons Grants 397,609 397.889 Other tradlng a¢tlvttleB Rech8rge incorne 8,630 Invèstmgnt Income Other partsclpaling Interests Deposlt accounÈ intgre81 1,341 1,300 27 1.407 1,327 Othor ineom• other Income 1,440 Totsl Incomlng rg8ourc•$ 409,172 1.327 EXPENDITURE Charltablo actlvltb•¥ onorarturns Officlals expenses Meellng axpenses Evont expensas Clothlno gnd equipment M&mbershlp e¥pen$e Stor8ge Grants lo Indlvl(Su81s- varlou8 chompion8h5p3 etc 2,400 4,433 S42 366,743 2.400 403 183 192 239 376,401 3,205 Support ¢ost8 Flnttncg Cre(Jil card oharg98 1,087 134 Governan¢e G08ts Insuran¢9 Telephone Postagè and stallonery Sunddes Accountan¢y f•#s Lagal fees Streamllne Caiiiod fward 1,161 299 500 3.371 2.280 10,372 1,182 140 1.120 5,784 227 17,983 Thls page doe5 nol foTln Part of tha st8tsJtory linanclal statements Page 10

Thè UK Armed Forces v￿￿ter Sports Assoclation Detallgd Stat&m&nt of Flnancial A¢tlvltles for the Year Ended 30 Sèptembèr 2022 30.9.22 30.9.21 Govemance costs Brought forward Computer wsts 17.g83 1,977 8,433 19,960 8.433 Tol81 resources expended 397.448 11,7T2 Net incom•1(ex￿ndl1ure} 11,724 110,4451 This page does not form part of the Statutory fInar￿al slaÉements Page11