Arnied Forces Par+Snovrfsport Team Company Llmitsd by Guarantee Unaudlted Financlal Statements 31 August 2024 Chartered a¢())untsnts Unit 1. Borough House Busirnss Centro. 5 Borough Road. Rid¥n(. Noth Yorkshire DL10 4SX
Arnwd For¢es Para4nowsport Team Flnanclal Stat•n P•rlod frryn 1 M•y 2023 to 31 Atyu•t 2024 Trtle8s. annual report (IrKryxalrvJ the drecW8 reF#)rt) IloperJen1 eyamw*¢s rBWttt) trle tru5tee5 expendltsfft a¢unt) Statemenl of financial Fxithl Not8S to the fmand816tth)ents Th• followlnq pag•• do not pwt ol th• fln•n¢W 21
P•riod from 1 IAay 2023 to 31 W 2024 Ch•i¢¥ r•port
Amied Forces ParaSnowsport Team Company Limited by Guarantee Trustees. Annual Report (Incorporating the Directorfs Report) {wthu•dJ Period from 1 PAay 2023 to 31 August 2024 and admlnlkntlv¢ d¢lall• Règi8t•T•d charity na Charlty rogistrauon number 1142135 Company r•gi8trnlkn numbor 7646099 Prlnclpal 0ffi¢o and regl8t•r•d 1 Bbs%Jm Yard office E16RS Th• trustms BTvJadier A S Gwner OBE Lt Cdonel {Ret) P Spanner Major General M Pullan CBE Colonel (Retl S H Bull J D Ahrens Major (Ret) E Winfield 8rBadierA D Cox MBE ngadier (RetlF E Hargreaves OBE GHay D Tozer Mapr (Ret} S N Ro IApp¥J'nled 26 November 20231 Indep•ndent examln•r RICrwFCA UTht 1. Borough House Burs5 Centre. 5 Borough Road, Rhrnond. North Yorkshire DL10 4SX Structure, gov•rnanco and manag•m The Charity is administered by a committee of trustees vtho are lisied above. Risk Policy The trustees have examined the may sIrate9. imjsiness and operaiional rkS which the charity faces aThJ confirm that systems have been established to enabk regular reports to be pn)duced so that the necessary steps can be &aen to the [. ObJ•ctlvo8 and actlvltios 1. The prC0t1on of efficiency of the Armed Fiyces of Crtrwn through the toagement support and provision of alaptNe V•4nter sports athvits for injured or disabled service rErsonnel. 2. The relief in need, and promotion of healthy recreation, of injured or disab* fOrnr SONice personnel through the encouragemenL supwt and prmion of adaptive WIrt sports &liwlps.
Porlod Irom 1 IAay 2D23 to 31 Auguit 2024 tr8 by.
Snowsport T•m P•rlod from 1 May 2023 to 31 4u•t 2024 Twm k¢th• pwknl wwJ•d 31 hwiXQ4. maj 9018fi Ilt ¢X •0 rwJirnd •udit•d undw Part 16 dwrws c¥r•J ¢>A ••ckn 145 cl tho Ch•8 2011 lthe 2011 *dl. In 144SXb) of lh• 2011 ACL li51ed In 145 of th• 2011 kt. I crrfmi trot I qLAlhl•J ts •x•mlr
Comp•ny Umlt•d by Guarnnts• Indepondent Exarnln•fs R•wi to 1h• Tru•t•8s al knnod FO P•r P•rlod from I IAay 2023 to 31 A• 21124 tr• RICrknpF DLIO 4SX 8 JwwJ•y25
(Includlng Incm and •xp•ndltur• •c¢ P•rlod frthn 1 May 2023 10 31 *JJw 2024 Y•wto P•rlod Irvrn 1 Il•y 23 kn 31 24 30 Apr 23 28T.S)3 2.910 2S7,423 2.910 ZIO.413 270.413 3&.278 31.5f2 174,130 23.684 283.253 3)5.722 226.975 ITJ,684) 7,160 32.148 32,146 39, 3.884) 52.634 Tthal fwk1s brrrtw fmwd 441.944 413,Q)3 504.943 465,
St•tthTr•nt of Fln•nclal Po•lllon 31Affj24 14 1$ 11.079 274.5Ck5 16.651 314.037 Ca¥h at bank •rt1 in hwwj 191,628 180.773 190. 180,053 504.943 465,637 501.943 465,637 Fund• of th• Gh•rfty 8.651 125,495) ,934 441.944 17 YM.943 46S.637 4T1 of Act 3Xk3 r*Ung to wn81 The statement of ffinancial posill(K) continues on the folloryng page.
CrJmwy Llmll•d by Guarant•• 31 Awt2024 25. arn I)rtOI• trxa4rd by.
Armed Forces Para-snowsport Team Company Limited by Guarantse Notes to the Financial Statements Period from 1 May 2023 to 31 August 2024 General infomulkln The ehanty is a public benefit entity and a private company lirnrted by guarantee. registered in England and Wales and a registered charity in Engd and Wales. The address of the registered office is 1 Bbssom Yard. London. E16RS. Statement of cempllanc• These financi81 ststements have been pKepared in rAYnlan FRS 102. 'The Financial Reporting Stsndard applicable m the UK and the Republi¢ of Iland,. the Sktement of Recommended Practice applicable to chwibts prewiNJ their xcounts in accordance with the Financpl Reporting Standard applicable in the UK and Repu1¢ of Ireland IFRS 1021 {Charities SORP IFRS 102)) and the Cornpan Act 21K. Accounting wlicles Ba$18 of preparation The finartial statements have teen preped on the historical cost basis, as modified by the fevaluab.on of certain ffinancl assets armj liabilibes and investment proFrties measured at fair value thrOh tncome or expenditure. The finanaal statements are preparEd in steding. 15 Ihe functmjnal currency of the enlty. Golng ¢oncem There e no material uncertainties about the chaniys abilty to conb'nue. Judg•m•nts and k•y souvces of e•timath)n unc•rtalnty The preparabon of the financial sLements requires management to make judgements, estimates and assumptK)ns that affect the aMLnts rewrted. These estimates and judgements are continualty reviewed and are based ¢)n expernce and other factors. including exp8ctations of future events that are beeved tt) be reasonthle urKkr the rmStant. Fund ac¢ounting Unrestri¢ted fund$ are available for use at the discrelion of the trustees to further any of the chanty's purposes Deygnated funds are unreslrthd funds earnrked ty the trustees for particular future proje¢t or commitment. Restncted funds are subjected lo restr1mS N their expendrture declared by the donor c through the terms of an appeal. and fall into one of bA*) sutFdasses.' reStle income funds or endowment funds.
Arnd Forcas Para4nowsport Team P•rlod from 1 IA•y 2023 to 31 Auw x124 T•nglbts •M•ts 10
Amwd Forces Para4nowsport Tmm Porlod from 1 May 2023 to 31 *iu•t 2024 vduè. Iftsir th ( be ffl•gYN. 8$8¢ts •r• musur#l ot C4XJt ImlMrtL 11
Axmod Forcos Para4nawsport Team P•rkKI from 1 IAay 2023 10 31 9•1 2024 r•lth. th• in&tii)oni b5 m•awr•J 81 fw ¢w¥Jes In f•tr v• 12
N•31•8 to th• FIn¢la1 Slat•rn•ts Parlod from 1 IAay 2023 to 31 2024 Tho l1 ofth• rnmbw¥ o lo £1 caw alth• campwry trAU . FurKIs Funds
J24 Z67.503 287J33 Fund6 2023 233.rJ) 23, 257,423 2.910 2,910 FundB 31.592 31.W 13
rlod fmm 1 PA•y 2023 to 31 At 2024 F¢ 18B.845 212.529 14.448 23.684 728375 2032a1 207J 164.146 164.146 r%)3ts 174.130 174.130 Tatsl fundl T<W fvwxj Chali* 212.529 212.$29 14.446 228.975 164.146 14.446 14.446 211529 174.130 31Atsg24 XIW23 1 May2Jto Ywr to 14
knned ForcM PaTa4nowsport TMM P•rfod from 1 May 2023 to 31 W 2024 I*A J24 30hy23 TbIl fa•d 4•••1• 41.577 At 1 klay 2023 Xl.498 At 31 2024 34.191 C•rylng •mount At 31 •t 2•24 J Aya 20Z3 11.079 15
Arnd Forcès Para4nsport T•am Company Llmlt•d by Gu•rant•• P•rkKI from 1 May X23 to 31 2024 1 MaylY23 274,505 32.146 .6S1 a 31 Aup4MI 21124 lfftpirm•Dt At 1 2023 •¥131 W 2414 At 31(12024 Al2023 308.651 274.$05 31 Auq 24 30W23 16
Perlod from 1 M•y 2023 to 31 9¢ 2024 Gths 31 20 467.439 2rn413 (.) 125.495) 441.914 498.283 6,851 504.934 32.146 270.413 IZ39.5691 32.146 438.498 234.663 1205.rz2) {25.4) 413,Crf)3 467.439 {25.4951 441.944 234.fj63 {2fy5.TT2) Ro&1th FUNI 123.684) Gairts a 23.693 17
Pwlod from 1 May 2023 10 31 gUSt 2024 2024 Xffj.651 191.617 (720) 9)4.934 30S,851 191.628 1720) Crnditors l•J8 Ilw 1 11.019 274.$05 157.OXI (720) 441.944 11.079 274.X15 rJ. 1.rn CurMt as•ets 465.637
knned Forcrf Para4nowsport Team C¢)ry•ny Limtt•d by IXMrant•• P•rlod from 1 IAay 2023 tr• 31 Au•*t 2024 19
kned Forces para4n0w8p0rtTffl CoMnY LimK•d by arnnt•• Perlod from 1 kn 2023 to 31 Augu•t 2024 1 May 23 to Ye•r lo 31*424 AprI3 287.503 257.4ZJ 2.910 ZTO.413 258,356 31.592 223282 170.437 226.975 174,1 N•t lfft¢oJn• 7,ieo
Arnwd Forc•• Par*Snowsport T• Company Lhnlt•d by Gumnt 1 M•y13to Y••r tr) s1124 30W23 36.278 31.$92 38.278 212¥9 164.146 10.753 6291 14,446 226,975 174.130