2025-09-30-accounts - UK Armed Forces Winter Sports Association

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UNITED KINGDOM ARMED FORCES WINTER SPORTS ASSOCIATION (UKAFWSA) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2025

INTRODUCTION

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

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

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.

f. Encourage the support of national sports.

ORGANISATION

Managing Trustees. The UKAFWSA comprised 5 Trustees as follows:
a. RAdm R Harris RN Chair UKAFWSA b. Capt T Davey RN Chair RNWSA c. Maj Gen J Fossey Chair AWSA d. Air Cdre M Cunningham RAF Chair RAFWSF e. Brig R Haldenby Trustee

UKAFWSA Trustees Report 24/25 – 1

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

a. Alpine.
b. Ice Sports – Bobsleigh, Luge and Skeleton.
c. Cresta.
d. Nordic – Cross Country and Biathlon.
e. Snowboard.
f. Telemark.

COMMITTEE STRUCTURE AND CONDUCT OF BUSINESS

Trustees.
a. Terms of Reference.

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

(2) To consider and allocate funds to Association activities.

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

b. Membership.

(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. The Chair of the singleService Winter Sports Associations 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.

e. Quorum. A quorum will have been achieved when the Chair and at least two representatives from each single-Service Winter Sports Association 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.

UKAFWSA Trustees Report 24/25 – 2

FINANCIAL POLICIES

General. The Trustees are responsible for the financial health and good financial management of the UKAFWSA.
Priorities for Expenditure. The priority for the use of Charity funds for the 23/24 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) 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.

c. Assisting with the defrayal of costs of athletes attending UKAF competitions.

d. Assisting in the defrayal of costs of athletes representing the UKAF at other competitions (British Championships and against the Australian Defence Force.

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

f. Supporting UKAF athletes at national competitions.
g. Supporting UKAF athletes at international competitions.
Expenditure. The Trustees agreed the following:

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 2025 Presidents Dinner (Jun 25) and the 2025 Cocktail Party (Oct 25).

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 24/25 Season the Trustees agreed the following grants:

(1) Single Service Grants. These are set at £15K to each Service.
(2) Armed Forces Para Snowsports Team (AFPST). Set at £3K.
Income. Income for the UKAFWSA was provided almost wholly from donations from various companies in the UK with only a small amount from bank interest and investment dividends.
Financial Reserve. The Charity will endeavour to hold a financial reserve sufficient to cover the minimum running costs of one-year’s UKAF Winter Sports events. This reserve will be drawn

UKAFWSA Trustees Report 24/25 – 3

down only with the specific agreement of the Trustees. A proportion of the Reserve, as determined from time to time by the Trustees, may be held in Investments. At the 2023 Council Mtg the Trustees agreed to add a line to the budget for an annual payment of £10K to be placed into the Reserve; this was considered to be good financial management.

Investments. The Charity may invest for the purpose of medium-term growth (2 – 5 years) with a strong emphasis on securing capital, income is not a requirement.
24/25 Financial Overview. The Chair reported that donations had risen steadily following a few turbulent years post COVID as we managed to secure a number of SME companies new to the organisation which bolstered our financial position in time for the season. With the increase in income the Trustees were able to take the decision to enter teams into both the Alpine and Snowboard British Championships held in France. Both resulted in various degrees of success, particularly in the Snowboard where the military competitors made up over a third of the entries and in the Alpine where the women’s team secure two podiums in the Super G. These were the first medals won in over a decade. The season closed with all disciplines completing a full programme of events in the best snow conditions experienced for many years. The detailed Financial Statement is enclosed with this report. At the season close the account realised a surplus £48,203.

UKAFWSA EVENTS

In 2024/25 UKAF Winter Sports was able to complete a full season across all disciplines. With snow conditions varying from country to country and resort to resort, all disciplines had to remain flexible to programme changes with the safety of the competitors paramount in all decisions made. Meribel saw some excellent snow conditions, the best in a number of years. Cresta once again saw good conditions on their ‘manmade’ track and the Ice Championships had to change venues late in the year as the Igls, track failed its inspection following some key track renovations. A return to Lillehammer proved successful for the championships and financially beneficial saving the association funds. These championships followed closely after the winter Olympics and therefore all military athletes competing at the Olympics were able to transfer across to compete for the their Services.
While facing a backdrop of operations and busy periods at work once again affected some participation, the UKAFWSA managed to complete events with a high standard of competition. Despite such challenges for the snow sports all other events passed without issue and so it was pleasing to be able to report a full and successful season for the UKAFWSA across all disciplines 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. At the end of a hard fought season the Army appeared to victors when counting the total number of trophies being competed for: Army – 6, RAF – 5, RN – 3. Finally, we must commend all members of our Hill Teams, Officials and Sponsors, for all that they do. There drive and commitment ensures we are able to return year on year to deliver the events we witness on an annual basis.

SUMMARY

UKAFWSA Trustees Report 24/25 – 4

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 26

Enclosure:

Report of the Trustees and Unaudited Financial Statements for the Year Ended 30 Sep 26.

UKAFWSA Trustees Report 24/25 – 5

REGISTERED COMPANY NUMBER.. 07033277 IEngland and Wales) REGISTERED CHARITY NUMBER.. 1138305 Report ofth• Trustees and Unaudltèd FlnancSal Slat¢ments for tha Ygar Ended 30 S&plember 2025 for Tho UK Armèd Forces Wlnt•r Sport8 A8soclatlon Dlal Square AsscKlates Limlled Char(èrÉd Accountants 9 Sl Georges Yard Famham Surrey GU9 7LW

The UK Armed Forces Winter Sports Assoclatlon Contents of the Flnancial Statements for thè Year Ended 30 Septgmber 2025 Page Rgport of the Tru5ts9¥ Independent Examlnorf5 Roport Stsiem¢nt of Flnanclal Activities Balanco Sh88t Cash Flow Statemant Notes to the Cash Flow Stat&mont Nots$ to the Flnan¢lal Slatem8nts 7 to 11 Data119d Statsment of Flnan¢lal Acllvltle8 12

The UK Amied Forces Wlntsr Sports Association Rèport of the Trustees forthe Year Ended 30 Septembèr 2025 The Iru5tees who are also directors of the charity for the PUTposes Df the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 September 2025. The trustees have adopted the provislons of Accounting and Reporting by Charities.. Statement of Recommènded Practi¢e applic&ble to charitl@s preparing their accounts In accordance with the Financial Reporting Standard applicable in the UK aThJ Repuilic of lfyland IFRS 1021 leffective l January 20191. STRATEGIC REPORT STRUCTURE. GOVERNANCE AND MANAGEMENT Govarnlng document The charlty Is controlled by Its gov8inlng documenE, guarantee. as definèd by the Companles Act 2006. de8d of trust, and conslllut&g a limited company, limlled by Rlsk management The trusloes have a duly to idènllfy and review the rfsks to wNch tho charity is exp08ed and lo ensure appropriats controls are in place lo provlde reasonable assurance ag8lnst fraud and error. REFERENCE AND ADMINISTRATIVE DETAILS Re9lSter8d Company numbor 07033277 (England and Wales) Roglstered Charlty numb•r 1138305 Reglst•red offlco Alexandra House Sl Johns Str891 Salisbury Wlllshlre SPI 2SB Tru$t&es rfg8dier R Haldenby Group Capl M L Cunnlngharn Commodorg R HArrfs T J D8v6y J E Fossgy Company Se¢rotary Wll8on8 Icempany S8crelar)esl Llmlled Independent Examlner l R Fulcher FCA Dlal Square Assoei8les Llmlled Chertered Accountants 9 Sl Gèorges Yard Famh8m Surrey Gug 7LW Raport of the trustees, incorporating 8 strategic report, approved by or(ler of th¢ b08rd of trusteès, as the compaw directors, on ......23rd.January.2azfj....... and 81wed on the board's behalf by.. Brf9a¢Jer R Haldert)y-Trusl Page 1

Ind•pendent Examlnerfs Report to the Trustee$ of Th• UK Arm8d Forces WEllter Sports Associatlon Independent &xamlner's report to the trustees of Tho UK Armed Forces Winter Sport$ Assoclatlon Ilhe Company'l I report lo the chariiy trustéès on my examln8tlon crf thtr accounts of the Company for the ye anded 3fl September 2025. Responsibilille8 and basls of report As thè charitys Irustoe5 of the Company land also Its directors for (he purposes of company lawl you are responslblè for the preparation ol Ihe aGcount8 in accordance wllh requirements of the Companies Act 20061'the 2006 Act'i. Having sali$fl8d myself that the accounts of the Company are not requlred to be audltod under Part 16 of the 2006 knt and are ellgible for Indepondent examln81ion, I report in SpeCt of my exarnlnation of your charity accounts as carried out under Saellon 145 of tho Charities Act 2011 Ilhe 2011 Act'l. In carrying out my exarninalion I have followed the Directions oiven by the Chariiy Commission under Section 145151 Ibl of the 201 f Act. Ind•pèndent oxaminerb 8tstemont Sln¢e your charity's gros5 Income exceeded P250,0(KJ YOLW examiner must be a member ol a li51ed body. l Can tonfimi that l am quallfied to undertake the exarninalion bécause l am a MeTher tsf th¢ Inslilule of Chartered Accountants In England and Wales, whlch Is one of the Ilst8d tKdies. I have completed rlly examin8llon. I conflmi that no mBttèr8 have me lo my altgnlion lft ¢onnecllon with Ihe examlnat]on giving mè cause lo beligve: accounting recor(Is were not kept In respect of the Company as requlred by Sectlon 386 of the 20[ Act., or the accounts do not accord with those records,. or the accounts do not ¢omply wllh the accountln9 rewlremenls of Section 396 of the 2006 Act olhBr than any requlremenl that th8 accounts glve 8 true and fair vlew whlch Is not a rnattor consldered 89 Part of an indepèndent examlnallon., or the accoun18 have not be8n prepared In accordance wlth the rnethodg and prlnclples of the Slatem8nl of Recommended Practice for accounllng 8nd reporllng by d)adtle$ 18pplicable lo charilles preparing thelr accounts In accordanc8 wllh the Flnancial Reportlng Standard appllcablo In Ihe UK Republlc of Irtrland IFRS 10211. I have no concerns and have come across no olhor matlor8 In connoc1m wilh the examlnallon lo ¥sthlch 8ttentlon Should bè drawn In Ihls reput in orderlo anab18 0 propèr undorslandlng of the accounts to be reached. J4J l R Ful¢her FCA Dlal Square AssDciates Llmlted Chartered Acctsuntants 9 St Georges Yard Farnham Surrey GU97LW Page 2

The UK Amied Forees Winter Sports Association statement of Financlal Actlvltles for the Year Ended 30 Spptember 2D25 30.9.25 unrestrted fund 30.9.24 Total fijnds Nolos INCOME AND ENDOWMENTS FROM Donatitsns and legaci9S 574,867 571,585 Otherlradlng activli Investment Income Other incom& 5.135 4.125 91 6.769 3,561 103 Total 584,218 582.018 EXPENDITURE ON Charltablo a¢tlvities Honorarlums Offlcers &xp8nses M8elin9 expenses General expenses Event expenses 2,400 5,253 254 21.406 9)g,S17 2,400 6.582 208 19,026 513,737 Total 538,830 541,953 Net galns on Investments 2,815 2,341 NET INCOME 48,203 42,406 RECONCILIATION OF FUNDS Total funds brought fOard 281,399 238,993 TOTAL FUNDS CARRIED FORWARD 329,602 281,399 The notes fomi part oflhese financlal statements Page 3

Thè UK Armed Forees Wlnter Sports Assoclatlon Balancè Sheet 30 Septembèr 2025 30.9.25 Unrestricted fund 30.9.24 Totsl funds Notes FIXED ASSETS Investments 39.414 36.599 CURRENT ASSETS D&blors Cash al bank to 78.932 228,102 61,622 203.207 307.034 284,829 CREDITORS Amounts falling due vlthln one year {16,8461 {20,0291 NET CURRENT ASSETS 290,188 244.800 TOTAL ASSETS LE88 CURRENT LIABILITIES 329,602 281,399 NET ASSETS 329,602 281,399 FUNDS Unreslrlct¢d funds 12 329.602 281,399 TOTAL FUNDS 329,602 281,399 The charitable company Is enlttlgd lo exempllon from aud51 under Secuon 477 of fh9 Companles Act 2006 for Ihe year eIed 30 September 2025. rhè mombws have not rOqre the company lo obtaln an audll of It8 flnenclal glatements for the year ended 30 Sgptember 2025 In accordance wllh Seclltsn 476 ol the Companies Aol 2006. The trustees acknoedge thelr spOnsIbIlItIa9 for ensudng that the ¢haritable company keops accountlng records th81 comply wlth Sections 386 ond 387 of tho Companles Act 2006 and preparfng finbncial 818ternents whlch give a Irue and fair view of tha st8te of affalrs of th& charitable company as at the end of each fin8ntyal yeor and ol Ils SUruS or dèfioil for each fln8n¢ial year Sn accordance th the reqtJirg[en18 of Secllons 394 and 395 and which olherwlse comply with Ihe requlr&ments of the Companies Act 2006 rèlating lo flnan¢lal sialemenls, so far as applicable to the charitable company. Ibl The flnancial statgm8n18 were approvecj by th6 Board of Truslaas and auihorls¢d for issue ..2ard.Jar)uary.2026...... and were slgned on its behalf by: on R Haldonby- Trusi98 The not&s fom part of these tlnancial statemènts Page 4

Th8 UK Amied Forces Wlnter Sports Association Cash Flow Statement for thè Year Ended 30 Septèmbpr 2025 30.9.25 30.9.24 Notes Cash flows from operating actlvitl•S Cash general¢d from operations InlerEst paid 23,248 12.4781 17.958 12,4141 Nel cash provkJe(J by operating aclivitsBs 20,770 15,544 Cash flows from invgstln9 actlvltles Inlerèsl received Didn$ recelved 2,585 1,540 2,104 1,457 Net cash provlded by Investing pLtvllle 4,125 3,561 Chang& In cash and ¢a¥h equlval•ntts In th8 rèportlng period Cagh and Cash equlvklents at the bo9lnning ofthe rèportlng perfod 24.895 19.105 203,207 184,102 Cash and c8sh equlval8nt$ at tho end of th& reportlng p•rlod 228,102 203,207 The notes forrn part of those financial statements Page 5

The UK Armed Forces Wintèr Sports Asso¢ialion Noto9 to the Cash Flow Statement for tho Ygar Ended 30 S&plember 2025 RECONCIUATION OF NET INCOME TO NET CASH FLOW FROM OPERATING AcnviTIES 30.9.25 30.9.24 Net Income for the rèporting perlod las perthe Statement of Flnancial Activltlesl Adjustments for.. Gain on inveglments Inlerest receivod Interest paid Dlvldends rgcdved IlnGreaselldecreas8 In dtrbtors D&¢roa8e in creditors 48,2C3 42,406 12,81SI 12.5851 12,3411 12,104 2,414 11,4571 74,975 195,9351 {1,5LOI 117,3101 13,1e31 Net cash provld8d by operatlons 23,248 17,958 ANALYSIS OF CHANGES IN NET FUNDS AI 1.10.24 Cash fiow At 30.9.25 Net cash Cash at bank 203.207 24.8 228,102 203,207 24,8 228,102 Total 203,207 24,8SS 228,102 The mtes forrn pwt ofthese financial Statements Page 6

The UK Armed Forces Winter Sports Association Notes to the Flnanclal Statement5 for the Year Ertrded 30 September 2025 AccouKnNG POLICIE8 Basis of preparln9 thè financial statements Th6 financial statements of the charitable company, which is 8 public beneffit entity under FRS 102, have been prep8red in accordance with the Charitie8 SORP IFRS 1021 'Accounlinc and Reporting by Charilles.. Slaternent of Reoomm8nded Practice applicabl& Its charities prep4rlng thelr 8c¢ounls in accordance wllh the Finan¢lal Reporting Standard applicable in thè UK and Republic of Ireland IFRS 1021 (effective 1 January 20191., Finanual Reporllng Standard 102 The Financial Repcrfting Standard appllcable in the UK and Republic of Ireland, and the Companlès Act 2006. The finandal stalgrr8nts have been preparèd undér tha hislrirical cost conv8rntion, wilh the exceptlon of Investments which a Included at market value, as modrfied by the revaluation of cerlaln assets. Income l income 1$ recognlsed In Ihe Slalemenl of Financial Activlt5es oncE the charlty has enlwemenl lo the fvnds, il is probable that the income 11 be received and the amount can bg rneasured rellably. Expandlture Llabilllles are regniSed as axpendllure as soon as there is B lagal o" constructive obligatlon commllllng the charlly to that expendllure. il is probable Ihat 8 tr8llsfer of economlc boi$fils 11 b& required in selllement and the amount of Ihe obligation can be measur@d rallably. Expenditure Is accounted lor on an accruals basis 8nd has been ¢18S5ified under haadings that aggregate all cosl related to the category. Whore co8is cannot be directly attributed to p8rticular headings they have be8n aljocaled to actl.Ille8 on a bas1$ consistent wlih Ihè u8e of wsourte8. Taxatlon Tho charlly Is ex&mpt from rporaOn lax on Ils char118ble a¢ilv5tlo8. Fund a¢countlng Unrestricted funds can be used In accordance wllh the charitablè object1S al the d8crellon of th8 IN5tees, Re8trictsd funds can only be used for parucular rè8trleled purposés wllhln the oblecls of the charlly. Re8trfctlon8 ari$0 when spacifled by th8 donor or when fund8 are ralsed for partlcular re5trScted purpo$89. Further exnatIon of the nalure and purpose of each furKI Is Induded In the nole81o th8 Ilnancial statamants. DONATK)NS AND LEGACIES 30.9.26 30.9.24 Donatn$ 574,867 671,585 OTHER TRADING ACTIVITIES 30.9.25 30.9.24 Rechwge Incorr 5.135 e,769 INVESTMEwf INCOME 30.9.25 30.9.24 Other partkjpallng Inte5t5 Deposit account interest 1,540 2,585 1,457 2.104 4.125 3,561 Page 7 conllnued...

Tho UK Amied Forc&s Wlnter Sports Association Notes to the Flnanclal Statements- continued forth8 Year Ended 30 Sept8mber 2025 CHARITABLE ACTIVITIES COSTS Support costs (see nL¥te 61 Dir8cI Costs Totals Honorarium8 OffirS Èxp8n8es Meeting expèns6s General expenses Event &xp8rTrsos 2,400 5,253 254 2,400 5,253 254 21,406 509,517 21.4( 509,517 517,424 21,406 538.830 SUPPORT COSTS Govemance costs Flnanc8 Tows Gener81 &xpgnses 2,478 18.928 21,406 Support ¢08ls, Inclurled in the above, are as follows.. 30.9,25 Generdl expense8 30.9.24 Total Inlore8t payable and dmllarchwges Wages Insuranc9 Telephone P081age and stallonery Sundrles AcUntsnCy fees Legol fees Computer costs Laundry 2,478 11,636 1,057 2,414 10.424 1,141 428 474 567 1,306 329 1,036 907 2S4 67 1,495 2,742 1,495 21.406 19,026 TRUSTEES, REMUNEFiATION AND BENEFITS There We no trustees, reMeratIOn or other befitS for the year ended 30 September 2025 nor for the year &ndEd 30 September 2024. Trustsas, ¥xpen5e8 Ekjriro the ye&r there were exp8nses of £5,50712024- £6,790) Incurred on behalf of the trustees. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES UnrestrEcted fund INCOME AND ENDOWMENT8 FROM Donauons and legacies 571,585 Other tradlng 8Clivities Investrnent incotre Other income 6.769 3,561 103 Total 582,018 EXPENDITURE ON Charotable actlvltles Honorariums 2,400 Page 8 ¢wlinued...

The UK Armed For¢es Wintor Sports Asso¢iation t8s to the Flnanclal Statements. continued for the Year Ended 30 Sèptember 2025 COMPARATIVES FOR TrIE STATEMENT OF FINANCIAL ACTIVITIES . contlnued Unrestricted fvnd Officers expenses Meeting expÉnses General expenses Event expenses 6,582 208 19,026 513,737 Totsl 541,953 N6t galn8 on Inveslm&nts 2,341 NET INCOME 42,406 RECONCILIATION OF FUNDS Tol81 funds brought forwa 238,993 TOTAL FUNDS CARRIED FORWARD 281,399 FIXEO ASSET INVESTMENTS L18ts Investmenty MARKET VALUE At 1 October 2024 Flevaluatlons 36,599 2,815 AI 30 September 2025 39,414 NET 800K VALUE AI 30 Seplernber 2025 39,414 AI 30 Septemb8r 2024 36,599 There wer& no Investment assets oulsSde the UK. Cost or valuE(lon 8130 Sèptember 202518 represented by.. Llsled Invcstm9nls Valuallon in 2022 V8lualion in 2023 Valuation in 2024 Valuation In 2025 Cost 13,8081 12.1671 2,341 2,815 40,233 39,414 The fixed asset investments werè valued on an open market basis on 30 Sepl8mb81 2025 by Blackrock Investment ManagemBnL Pag6 9 continued...

The UK Armed Forces Wint8r srts Association Notes to the Financlal Statements. contlnued for the Year Ended 30 S&ptember 2025 10. DEBTORS.. Amouvfs FALLING DUE wrrHIN ONE YEAR 30.9.25 30.9.24 other debtors 78,932 e1,622 11. CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 30.9.25 30.9.24 Oiher creditor8 16,846 20.029 12 MOVEMENT IN FUNDS At 1.10.24 movement In funds At 30.9.25 Unr8strlcted funds General fund 281,399 48,203 329,802 TOTAL FUNDS 281,399 48,203 329,602 Net movement In funds, included In Ihe above are as folknws.. In¢omlng 80urce8 Resources expended Galns and losses Movamonl n fvnds Unrestrlcted fund$ General fund 584,218 1538,8301 2,815 48,203 TOTAL FUNDS 584,218 153e,8301 2,815 48.203 Comparatlv?8 for movamgnt In funds Al 1.10.23 movemenl in funds At 30.9.24 Unre$trl¢tod fvnds General fund 238,993 42,406 281,399 TOTAL FUNDS 238,993 42,406 281.399 Q)mparative net rnovemenl in funds, included In the above are as follows.. Incornlng resrceS ResourceB expended GAlns and losses Movemenl In funds Unrostrlctèd fund8 General fun¢f 582,018 1541.9531 2,341 42.406 TOTAL FUNDS 582,018 1541,9531 2,341 42,406 P8ge 10 continued...

Thè UK Armed Forces Wlnter Sports Association Notes to the Financial Ststements- contlnued for th& Year Ended 30 September 2025 11 MOVEMENT IN FUNDS- contlnued A current year 12 months and prioryear 12 monihs combined posillon Is as follows.. Nel movement Sn funds At 1.10.23 At 30.9.25 Unrestrl¢ted fvnds Gener81 fund 238,993 90.6C9 329,602 TOTAL FUNDS 238,993 9),609 329,602 A ¢urronl yew 12 months and prlor year 12 murths comblned net rnovemenl In (unds, included In the above are as follows.. In¢omlng resourcèg Resources expended G8lns and Ios8es Movemenl In furKI8 Unrestrlctgd fundg Genèral lund 1,166.236 11.080,7831 5.156 90,609 TOTAL FUNDS 1.166,236 11,080,783) 5,156 90,609 13. REiATED PARTY DISCLOSURES Thère were related party transacllon8 for the year ended 30 SerAember 2025. Pag&11

The UK Armed Forces Wlnter Sports Assoclatlon Detalled Statement of Flnancial Activitle8 for thè Yèar Endèd 30 September 2025 30.9.25 30.9.24 INCOME ANI) ENDOWMENTS Donations and leg8cie$ Donations 574,867 571.585 other tradlng acllviti•s Rè¢h8rg8 Sncome 5.135 6,769 Investment Incom Other particlpaung int8re51s 08POSIt account Intèrest 1,540 2,585 1.457 2,104 4,125 3,561 Othèr In¢ome Other Income 91 103 Total Incomlng resourc08 684,218 S82,018 EXPENDITURE Charllable actlvltl88 Honorariums Offielals expenses MO1n9 expenses Event expenses 2,<00 5,253 254 509,517 2.400 6,582 21J8 513,737 517,424 522.927 Support costs Flnanc Banklng leeslflnenc[ charges 2,478 2.414 Governance costs Wages Insurance Telephone Postage and stauonery SundrEes Accountancy faèg Legal lees Computer costs Laundry 11,636 1,057 10,424 1.141 428 474 567 1,306 329 1,036 907 254 67 1,49S 2.742 1,495 18,928 16,612 Tolal resouroes axpend8d 538,630 541.953 Net Incomo 45,388 40,065 This page does not form part of the statutory financial statements P$ge 12