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2022-05-31-accounts

ARMY WINTER SPORTS ASSOCIATION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MAY 2022

INTRODUCTION

  1. The Army Winter Sports Association (AWSA) was founded (as the Army Ski Association) in 1947. Since then it has encouraged generations of Army service personnel to take to the snow and ice. It has been instrumental in organising competitions from novice to the highest levels of proficiency. Many of its members have gone on to represent the Army and their country at the Olympic Winter Games and in other national and international events.

  2. The AWSA’s task, as it was in 1947, is to encourage service personnel to participate in Winter Sports; to develop their skills in a chosen discipline; and to test themselves in demanding conditions, thereby fostering self-discipline, fitness, courage and teamwork. Winter Sports contribute directly to military output and fighting spirit, are an essential part of decompression from operations and remain an important element of the moral component.

  3. The Association has some 1600 members and a full programme of events. It receives direction from the UK Armed Forces Sports Board (UKAFSB) and the Army Sports Control Board (ASCB).

  4. AWSA Disciplines . The AWSA comprises 8 different Disciplines detailed below:

  5. a. Alpine.

  6. b. Bobsleigh.

  7. c. Cresta.

  8. d. Luge.

  9. e. Nordic (Biathlon and Cross Country).

  10. f. Skeleton.

  11. g. Snowboard.

  12. h. Telemark.

  13. Charitable Status . The AWSA is a Public Limited Company number 7890840 and achieved Charitable Status in March 2012 Charity Number 1146256. This charter reflects the legal construct laid down in the regulations with the Charity Commission and Companies House.

MISSION

  1. The AWSA is to encourage and facilitate, amongst all ranks of the Army, wide participation and high achievement in Winter Sports in order to foster the ethos of the Army and promote its good image.

CORE OBJECTIVES

  1. The Core Objectives of the Association are to:

AWSA Trustees Report 21/22 - 1

a. Establish a capable and effective organisation to manage and develop success in Army Winter Sports.

b. Encourage succession planning for coaches, race officials, managers, Chairman and Secretaries.

c. Ensure all Army Winter Sports activity is well run and organised, challenging and technically compliant.

d. Broaden and strengthen the instructor base for all Disciplines

e. Select strong Army teams to achieve success at the Inter Services competitions.

f. Achieve maximum participation in all activities and competitions and encourage greater participation by novice, female and junior ranks.

g. Encourage the development and manage the careers of elite athletes and support competitors on the international circuit.

h. Deliver an annual balanced budget and ensure the AWSA is financially stable for the long term, including enduring sponsorship arrangements.

i. Review competition venues and costs to ensure value for money.

j. Maintain a communications plan that promotes the AWSA and members’ interests.

k. Assist in the development of athletes in the Armed Forces Para Snowsport Team (AFPST).

ORGANISATION

  1. Governance Structure . The AWSA governance structure comprises an Executive (Trustees) and Management Committee as detailed below.

6. The Executive (Trustees) .

a. General . The Executive will direct the overall conduct of AWSA activities. In particular, it will direct policy, develop and manage major sponsorship and manage the Public (PF) and non-public (NPF) budgets through a screening process. The Executive will comprise:

(1) Chairman. The Chairman, who is to be a serving senior officer with a strong interest in winter sports, will be nominated and approved by the Director of the Army Sport Control Board. He is responsible for the supervision of the Association’s finances and for the overall management of the Association’s business. Currently it is Maj Gen C McClean CBE.

(2) There will be normally a total of 4 other Trustees, comprising the Vice Chairman. Sponsorship Secretary, Public Fund Manager and an independent Trustee.

(a) Vice Chairman. (Trustee). Currently Brig J Fossey OBE.

(b) Sponsorship Secretary. (Trustee). Currently Col Graham Sefton.

AWSA Trustees Report 21/22 - 2

(3) The Secretary is responsible for organising the Meetings and producing and publishing the minutes. Currently Lt Col (Retd) SAJ Davis.

b. Terms of Reference .

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

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

c. Frequency of Meetings . The Trustees shall meet in plenary session at least three times a year.

d. Quorum . A quorum will have been achieved when the Chairman and at least two representatives are present.

e. Accountability . The Executive is accountable to the ASCB for the proper conduct of its business and national sport bodies for the correct application of their rules.

  1. Management Committee . The Executive will manage AWSA activity through a Management Committee which will meet twice annually, usually in May and October/November. In 2021 the Meetings were held on 25 May 21 and 25 Nov 21 respectively. The Committee comprises the following:

  2. a. The Executive.

  3. b. Chairmen of the eight individual Disciplines.

  4. c. Exercise Controllers of EXs SPARTAN HIKE (SH), PIPEDOWN (PDN)

  5. d. SAIM Editor.

  6. e. Chairman of the AFPST or a representative. (Non-voting).

  7. f. Co-opted members as required. (Non-voting).

8. Purpose of the Management Committee . The roles are as follows:

AWSA Trustees Report 21/22 - 3

FINANCIAL POLICIES

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

  2. Priorities for Expenditure . The priority for the use of Charity funds for the 21/22 period was as follows:

a. Funding Army competitions of Category 2 winter sports at an appropriate standard and level of safety.

b. Promoting the excellence, reputation, and prestige of the AWSA as the governing body of Army Winter Sports.

c. Assisting in the defrayal of costs of athletes representing the Army at Inter Service competitions.

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

a. Events . The main Army Championships (Alpine, Snowboard, Telemark, Nordic, Cresta and Ice Sports) were each provided funds to run the events in accordance with the direction provided by the Trustees.

b. Protocol . A maximum of £23K could be spent on Protocol, which included VIP hosting at Army events, the Chairman’s Dinner and the 2022 Cocktail Party.

c. Communications . Funding for communications (Website and annual Magazine) was not to exceed £11K.

d. 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 15 above. For the 21/22 Season the Trustees agreed the following grants:

AWSA Trustees Report 21/22 - 4

  1. 21/22 Financial Overview . In detail, there was an excess of income over expenditure of some £32,339, this net income resulted from the season being curtailed owing to the COVID Pandemic where the Telemark and Nordic Championships and Racing Ice 1, the novice training Camp, were cancelled and the Alpine Championships were reduced in size to 50% of its normal capacity. This surplus was earmarked to be used in 2022/23 for prepaid flights for Racing Ice 1 (Jan 2023), estimated at c £18K and a further c £10K for an Alpine Training Camp in Oct 22. This was in accord with the Trustees’ plan. The report has been filed with Companies House.

MAJ GEN D CROOK – CHAIRMAN’S REPORT 21/22

  1. Seventy-Four years of the Army Winter Sports Association; what an achievement! I suspect that Field Marshal Montgomery and his team will be looking down on us with tremendous pride in all that has been achieved since 1947. From its early days with only 2 sports (Alpine and Nordic), the AWSA has grown to today’s 8 Disciplines and a comprehensive calendar of events. Once again, my thanks go out to everyone over the years, who have helped develop the AWSA into what it is today.

  2. 2021/22 was another very positive and successful year for the AWSA against some challenging conditions associated with the on/off lifting of COVID restriction across the EU. The Management Team continued to work tremendously hard to enable this success and I would like to acknowledge some key personnel: first, Brigadier Joe Fossey, in his third season, who – despite a very busy day job – has worked tirelessly to support the AWSA; and finally, the background team of Lt Col (Retd) Steve Davis (Secretary), Col James Rhodes (PF Manager), who have remained the bedrock of the Association. On behalf of all the athletes, coaches and officials who have benefited from your dedication and hard work, thank you.

  3. The 2021/22 season was a very strange season indeed. With the uncertainty of the effects of the COVID Pandemic would have on the season all disciplines planned for success and held their nerve to the very last safe moment. Then in late Autumn further restrictions were imposed across Europe which generated increased uncertainty. The outcome of Germany and Austria closing their boarders resulted in The Nordic Championships, Ex RUCKSACK, being cancelled and the Snowboard Championships, Ex SNOWJACK, being slipped to the end of the season as Austria reopened its boarders. The lateness of France lifting restrictions meant that we lost the Telemark Championships and only managed a limited number of competitors to travel to the Alpine Championships, Ex LIONS CHALLENGE, sufficient to generate a team for the Inter Service Championships.

  4. In the lead up to the season many of our supporters were unable to provide the levels of financial support we had realised in recent years given the uncertainty of our ability to hold events against the ever-changing restrictions. Whereas other supporters had agreed to provide a minimum level of support to help defray some of the sunk costs associated with setting the events up prior to their cancelation or reduction in their size and shape. The net result of a truncated season coupled with the reduction in income was that we were able to balance income and expenditure without too much angst.

  5. Army Winter Sports is hugely important to the retention of our officers and soldiers and I am delighted that it continues to flourish, despite the increasing strain on financial budgets. I look forward to seeing competitors, coaches, officials, and support staff next season, either on snow or ice, or perhaps even both. Good luck for the new season ahead.

SUMMARY

AWSA Trustees Report 21/22 - 5

  1. It has been an excellent 21/22 season. The AWSA continues to be in very good order and the very best of wishes to everyone.

SAJ Davis

SAJ DAVIS Lt Col (Retd) Secretary for Chairman 23 Feb 23

AWSA Trustees Report 21/22 - 6

REGISTERED COMPANY NUMBER.. 07890840 (England and Wale81 REGISTERED CHARITY NUMBER: 1146258 R•port ofth• Tru$la•$ and Unaudlt•d Flnanclal Statsments for th• Y•ar Endèd 31 May 2022 for Amiywlntsr Sports Assoclatlon Blackwooj Futcher & Co. Chartered Aceounlanl$ 9 Sl Georggs Y8rd Farnham Sur GU9 7LW

Amiy Wlnter Sports As80¢1atlon Contsnts olthe Flnanclal Statomènts for the Year Ended 31 May 2022 Page Roport of tho Truste08 Indo￿nd+n1 Examln8¢5 Report Statement of Flnan¢lal Actlvltle• Balane• Sh••t Not08 to thg FIna￿l91 Stat•menl$ 5 to 8 Dotallod Ststsmgnt of Flnanclal A¢tlvllS9$

AnThy Vant•rS￿ts A••o¢litton R•portolth• TnMt••• forth• Yoar End•d 31 ￿Y 2022 Thè trust￿ also dlrethrB ol thrity for th• purFrfXO8 01 th8 c0rywn￿J Ad 2￿, present tr￿1r rep￿ wlth th• finarvial ststwnents of th# tharity for ts year end8d 31 May 2022. The tnJstees hw adoptsd Iho pmmsknnj ol Aiwunb'ng aTra ROWb'ng by Charities.. Ststemenl of RècMmorK1￿ Prgdts applic4bb to tharities propariro thglr 8czounL4 ottudonc wth ￿ Finand¥ Repororyi StaTrJBrf appiicauo In the UK Rowblk ol Irel8TrJ IFRS 1021 I•ff8c.￿ 1 JarA￿ty 20191. STrUCTURE. GOVERNANce ANO IilNAGEMENT Gov•rnlng Oo¢um•nt ThB thanty 1$ oJntroU•J by KJ gDv6mirvJ dwAm8nl o dJ of tN&( aThl c4nstitirté8 A cxffipwry. rnit•J guw¥rtse. ayilefin•a by ts CcffjpwthAc12LIX. REFERENCE ANO ADMINISTRATNE DEfAI R•gl•tor¥d Comwny numb•r a78￿0 (England W8byl R•gl•t•rnd nwnbw 11462 R•gl•t•rnd offl¢• Macorwg Oulkji Fox Li Qu8en8 Ab•nu +Wder8hot H8mpshlr• GU112L8 MalorGerva D Cr BnJ4¢wJ Fomgy Ms L Gi188 Ll ¢01 J Rhc4J89 C¥p¢ain L Watt Iwlnknj i.8.211 Ind•p•nd•nt Eyamk lan Futcer FCA Irsbtuto oIChirtBrwJA¢ownt8nts In ErylaTrJ Wa Blackwotrfj Futther& Co. Chartered Axountsnts 9 St Ge￿?$ Y8rd F•mhwn &Jrrey Gug 7LW prwj ty tydororts oftruBtO88 on............,...,........ ................. and 8lgMd en ￿t￿Ilb￿.

Indgpond•nt Examinèfs Rèport to Ihe Twstegs of Arniy Winter Sports A8$0clatlon Indep8ndentexamlner'8 report to th? tru$te?¥ of Army Wlnter Sports Assoeiatron llh8 Cofflpanyj I rewrt kn th6 chadly twstaès on my examination ol the accounts of thè Cornpanyfor the y88r 8nded 31 May 2022. R8sponslbllltles and ba515 of roport As the charltys tru$lte$ of the Company land also Its directors for the purpDsgs of company lawl you are responslble for the p￿paratiON of the accDunls In accordanco with the iequlretn¢nls of the Companies Act 20061'lhe 2006 Acl'l. Hawng 59llsfled my8elf that the accowts of tho Company are not requlred to bo audltBd und¢r Port 16 of Ihe 2006 Act 8nd are eligible lor independent 8X8mination. I report In respgcl of my exemlnalron tsl your charit15 accounts as earrled out urK16r 98ction 145 01 the chari￿e8 Act 2011 lllhe 2011 A¢fi. In carrying out my examln£llon I hov¢ followed the Trrectlons gI￿n by the Charity CommlssFon und$r8ection 145151 Ibl of the 2011 Act. Independent •xamine￿9 Btatemenl Slncè your ch8rill5 gro88 Incorne exceeded £250,￿0 your oxamlner mu81 be a rnernbgr ol a Ilsled tody. I can confim) that l am qual￿1ed lo undertake the examlnatlon béeAuse l am a registered membgr ol Institute ol Chartered Acwuntants In England and Wales whlch Is one olthè listed bodie8. I have comploled my examlvt8tton. I confirm that no matters h8vo come to my 8ttenllon kn cOnneC￿0n ￿1h the exarnlnatlon giv1￿ mo cause to bsll¢vo'. acc¥)unllno records were not kgpt In rospact ollhe Company 88 requlred by Bectlon 386 of the Act., or thÈ attt>unls do not accord with thos¢ recor(Is', or the accounts do not Comply with the accounllng roqulreménts of se¢Von 398 01 tho 2006 A¢1 oth8r than any requirgmenl that the account8 glv8 8 Irua and falr vlew whl¢h Is a matter conBldered as part ol an IrKlgpenrJenl examlnallon., or the accounts h8ve not been prepared In 8￿rdAnce wfth tho melh¢d$ 8nd prln¢lples of Iho Statement ol Recornmgnded Pracllce for accoth)Ilng and r8kX)rtln9 by chari118s lappllCab￿ lo chadllès pr£parlng Ihèlr accounts In accordance wllh the Flnon¢l•l Reporting Stsndard appllcabl$ In tha UK and Rapubllc of l¥818nd IFRS 10211. I hovè no eoncèms 8nd have come acr08s no olher mall$rs In connect¢on wllh the exarnln8lk)n to wllch altonllon str￿Ul￿ bè drawn In Ihls report In ord8r to enabla 8 propor w)der$i8nding ol the acrL)unts to b8 r8ach8d. Jlu Ian Fulcher FCA Insiltute ol Chartered A¢eountants In Eroland and WaleB Blackwood Fulchor & Co. Ch8rt8r8d Accountants 9 St George's Yard Famham Surrey Gug 7LW D&ta'. Page 2

Am?y Wlnler Sports A5socIBtion Statsment of Flnanclal ActivSUes for the Year Ended 31 May 2022 31.5.22 Unrestricted fund 31.5.21 Total Jnds INCOME AND ENDOWMENTS FROM Don8tions and legacles 27fj,317 28.176 Inveslrnent incom6 7,855 7,252 Total 283.972 35,428 EXPENDITURE ON Ch8rSlable actlvltle$ CIDthlng 8quiprnent WetrF8ite costs Snow and Ice MeelSng axpon Gffjnts to irélvlduals Mernbershlp costs OfficJal$ expenses Bank charyJes 305 1,321 2.820 12,e97 4,891 917 217,313 550 8,702 2,377 808 1,969 Other 23,935 1.794 Total 249.666 35,450 Not goSn$llbg$e¥l on Investments 11,0671 25,431 NET INCOME 32,339 25,409 RecoNCIUATION OF FUNOS Total funds brought forward 217.536 192,127 TOTAL FUNDS CARRIED FORWARD 249,875 217,536 Thg nD195 forrn part of t1￿￿e financ181 sla¢ernents Page 3

Arny ￿IntrI SI￿A1￿¢1110n B•lanc• Shmt JI M•y 2022 31.5.22 Unr8stActed 31.S.21 FIXED ASSEIS IMstyn8nts 1Po).2e6 182,233 CURREKfASSErs 33,849 31217 137.027 Cash at 133.179 170.244 CRELNTORS nts Pduirq y 163,5701 It34.9411 NEf CURREMT A8SETS 31303 TOTALA&￿s LE3S CURRENT UIBLm&8 249.875 217.53b 249.875 217. FUN08 Unrejtrbtsl 249,875 217.536 TOTAL FUNOS 249.876 217,$36 th4rll4k48 cunyry IB b) Irtyn awjtt urthr SocM 4TT of lh• CLknp4r4# AL 2C(6 Ic¢ th• 31 May 2ff2. hgve r¥Jt rn]ulMJ the tryny to obtsln an of it• finon¢¥el it4t4m•nts frx y•ar 31 2022 8tt oath fjnarK4al ￿Tar In alr￿dAnc4 wth tBquiremerrts of ￿.0￿8 394 and 395 0thwv￿s8 Cfrtnply with tho requirem8nb of thè Ccrnpan 2Cf6 to finanual st8lwnent8, aofar8gapF4I￿bI9 to tho thyntst49 fmP8ny. These finBncJal 3taiements howa twn prepared In th p￿¥r1￿ 8pFlkl• lo ¢hgr514• frJmF4 4'X lothe small ￿pan￿ rtylmg. Th• knand4 $18tnents Vnfe appro¥•J ty th8 Board olTThMte68 84thortMd IN IswJo c¢¢ ........................... .............. ¥wrn n ts tthaWby'. r¥knfom worl￿￿* finanlal sl#fjments

Am)yWintsr Sports Assodatlon Not85 to the Flnan¢lal Statements for the Year Endèd 31 May 2022 ACCOUNTING POUCIES Basls of prèporlng the flnanclal 8tatement8 Thè finaneial stgtements of tho charilabie cornpany, whlch is a puljlic benefit èntity LwKlèr FRS 102, have been pr&p8r8d in accordanee wllh the Ch8ritiè8 SORP IFRS 1021 'Accounling ar￿ Reportlng by Charities,, Statement of Re¢ommgnded Pracllce applicab18 to charilles preparlng their accounts In a￿Ordance with the Financlal Reportlng Stsndard applicable In the UK and R8public ol Ireland IFRS 1021 leffecllv¢ 1 January 20191., Financial ReportSng Slandatrj 102 Thè Fin3nci81 Reporting Standard applicatle In the UK and Republlo ol Ireland, and tha Companles Act 2006. The Ilnanclal ststemenls have be8n prepArèd under the hlslorlcal cost convention, with th¢ of investments whleh ara Includéd 8t rnarkel v81u8, as rnodffied by the revaluatlon of ¢ortain assets. In¢om• All In￿rne Is recognlsed in tha Sl$lornonl of Financial Aclivllles once the charlly h89 enlillem&nl to th$ funds, 6t 18 probable that the Incom8 wlll be received 8ThY the amount can be measured rollo￿y. Expendltur¢ L18bllllles are recog￿Sed a$ exp¥n(tur8 a8 soon as there Is a 18gRI or con51ruclv8 obllgatlon cornmlttlng th chari(y lo thal exp&n¢llure. il is probable that a transfer of economlc benefits wlll be requlred In $ettlemènl and the amount of Ihè obligation can be m88sured relSably. Expendlture Is ac￿Unted for on an accruals basis 8nd has been ¢lassifi8d under hoadlno8 that 8goreoate all cost ￿lated lo the c8legory. Where c051s c8nnot b8 dlreclly attdbul to partlcular headlngs t￿Y have been allocal8d to act1￿￿&S on o basis consi8tent ¥￿¢h the u8e of re90urces. Grants offered sublact to condltlDns whkh have not b8en mel al the year end dalo or¢ noted os a wmmllmenl bul not 8ccrued 88 ¢xpondlluw. Taxatlon Tha charitylg •x8mpl from wrporalEon lax on Its charlteble aollv1l￿s. Fund accountlng Unr85lrlcled funds can be used In accordance wlth the chorflatle tsbl8rlive8 al the di8crelion olthe Iruslees. Restrlcle(I lunds can only b8 Used for pwUcul8r r88tdcted purp0888 wlthln the ob)ecls of the chorlty. Re8trl¢llon8 ad80 whan 8P8clfiad by tha don¢rorwhen fund8 8ro r818od for pgrtlcular reslrlcled purpow. Furtt explanation of the natura an(J purpose of each fuThJ Is indudÈd in tho noles tty the fwn¢lo18tslem$nts. INve8TMENT INCOIAE 31.5.22 31.5.21 Olhar partlclpaling Inlèr8918 Depo8it a¢rounl Inlerosl 7,628 27 7,229 23 7,655 7,252 TRUSTEES. REMUNERAMON AND BENEFITS There wore rn) tru$lee$' remuner8lk)n or other benefits for tho yaar ended 31 May 2022 nor for tho yoar oThYed 31 May 2021. Trustees, expenses There were no Irusiees. expenses p8ld for the year end￿ 31 May 2022 nor for Ir* year eThJed 31 May 2021. Paga 5 continued...

Am)y Wlnt•r Sports Assoclatlon Notes to Ihe Flnanclal Slatem•nts. contlnuod for the Year Ended 31 May 2022 COVID-19 ASSESSMENT Thè eh8rity'5 aotivlles have been signlficanity Impa¢lod by Ihe COVICk19 pandemlc. the prior y6ar being th& most affected. meaSu￿S warè iakèn to mitigate the impacl ol Ihe pandemic and to gnsure Ihe continued oper81ion ol the charlly's actlviliès, unfortun8tely sryng gvenls and acthiilles w&ra unable 10 lake place during the year to restriction5 in pl8cfj. During the next financlal year the expe¢tslion is that normal acllvlllès wlll be able to be re5umEd. FIXED ASSET INVESTMENTS Lisled Inveslrnents MARKET VALUE Al 1 June 2021 R•volu8Jons 182,233 11.9671 Al 31 May 2022 180,2e6 NEf BOOK VALUE Al 31 May 2022 180.266 Al 31 May 2021 182.233 Thera were no Inve8tmsnt 88sets outskle the UK. Cost or valu8tlon at 31 May 2022 Is repregonted by. Llsled Investments V81uation in 2021 Valuatk)n In 2022 Cost 25,431 11,9671 156,802 180.266 DEBTORS: AMCAJNTS FALUNG DUE WITHIN ONE YEAR 31.5.22 31.5.21 other debtors 33,849 33,217 Page 6 onllnugd...

Amy Wlntersports Asso¢latlon Notes to the Flnanclal Statem8nl$. ￿ntIllued for the YeBr Ended 31 May 2022 CREDITORS.. AMOUNTS FALUNG DUE WITHIN ONE YEAR 31.5.22 31.5..21 oth8rcredltors 63,5YO 134,941 MOVEMENT IN FUND5 Net movement In funds Al 31.5.22 Al 1.6.21 Unrostrictsd fundB General lund 217,536 32,339 249.875 TOTAL FUNDS 217,53e 32,339 249.875 Net rnovgmenl In lunds, Included In the atp)ve 8re a6 follows.. Ineoming ro8ourc88 Resourc98 oxp$nd8d Gains 8nd 1058e8 Mov¢m&nl In funcss Unre8trlct•d funds Gengral fu 283,972 1249,6661 11,9671 32,339 TOTAL FLIND8 283,972 1249,6661 11,9671 32,339 Comparatlve8 for movement In lund• Nel movement In funds At 31.5.21 At 1.6,20 Unre61rlctsd fund8 General lun(J 192,127 2S,409 217.536 TOTAL FUNDS 192,127 25,409 217.538 Cryrauve net movern** In funds, Includ8d in th8 above arg 8$ lollow6.' IKoming re8our¢eB Resources expended Gains and IDSSeS Mov8m8 in funds Unrestrlcted fuNIs G8nèral fund 85,428 135,4501 25,431 25,409 TOTAL FUNDS 35,428 135,4501 25.431 25.409 Pb3è7 Continued...

Amiy Wintorsports A$$oclatlon Notos to the Flnanclal Ststement5- conllnued for the Year Ended 31 May 2022 MOVEMENT IN FUNDS- contIn￿d A current year 12 months and pri(x yttar 12 months combinéd po8ilron18 as folbws.. Nel mvemgnt In fuThJs At 31.5.22 At 1.6.20 Unrostrlctsd funds G6ngr81 fund 192,127 57,748 249,875 TOTAL FUNDS 192,127 57,748 249.87S A current yaar 12 nN)nlhB and prfor yoar 12 months comblnad nèt movomgnl In funds, Included In Ihg abov8 are 88 follow¥.' Incnmlng resources ReBource8 expèndèd G8ln$ and 1068es Movement In lund$ Unrg$lrlctsd fund• General fund 319.400 128S,1161 23,464 57,748 TOTAL FUNDS 319,40D 1285,1161 23,464 S7,748 RELATED PARTY DISCLOSURES Tharè wére no related party IransactlonB forthe y8ar8nded 31 May 2022. Page 8

Amy Wlnter Sports AsBoGlatSon D8tallod Statsment of Flnanclal Actlvitio$ for the Year Endod 31 May 2022 31.5.22 31.5.21 INCOME AND ENDOWMENTS Donatlon6 and legacle8 Donations Grants èmb8r5hlp fees Central recharges Lleènce fees 170,985 71,121 18,634 15.577 12,¢y)O 9.221 6,50C> 276,317 28,176 Inve8tm@nt Incom• Other partlclp81ing inter8Sts Dgposil aowunl Intor￿t 7,628 27 7,229 23 7.655 7,252 Total Incomlng resourc9• 283,972 35,428 EXPENDITURE Charltsble actlvltl Membership cosls Offi¢ial$ expgnsas Meellng expen88S Clothlng gnd 9quiprnent we￿81te expenses Snow and Ico Grants to Indivldual$ 550 4,629 917 305 1,321 2.377 2,820 12,897 4,891 8,702 217,313 225,03S 31,687 Support cost8 Flnanc• Bgnk charges 696 1,969 Governan¢8 ¢0stB Wages Insur8n¢o Telephone Post898 8nd olherofflce costs SundAes Accountancy and leg4 feeB 19,670 777 596 54 101 125 918 1,247 796 1,381 23,935 1,794 Total regourcos eXp￿ed 249,6ee 35,450 N•t In¢omellexpondSiur•l 34,30e 1221 ThKs page do68 fK)I form part of Ihe statutory f￿an￿81 statements Page 9

REGISTERED COMPANY NUMBER.. 07890840 (England and Wale81 REGISTERED CHARITY NUMBER: 1146258 R•port ofth• Tru$la•$ and Unaudlt•d Flnanclal Statsments for th• Y•ar Endèd 31 May 2022 for Amiywlntsr Sports Assoclatlon Blackwooj Futcher & Co. Chartered Aceounlanl$ 9 Sl Georggs Y8rd Farnham Sur GU9 7LW

Amiy Wlnter Sports As80¢1atlon Contsnts olthe Flnanclal Statomènts for the Year Ended 31 May 2022 Page Roport of tho Truste08 Indo￿nd+n1 Examln8¢5 Report Statement of Flnan¢lal Actlvltle• Balane• Sh••t Not08 to thg FIna￿l91 Stat•menl$ 5 to 8 Dotallod Ststsmgnt of Flnanclal A¢tlvllS9$

AnThy Vant•rS￿ts A••o¢litton R•portolth• TnMt••• forth• Yoar End•d 31 ￿Y 2022 Thè trust￿ also dlrethrB ol thrity for th• purFrfXO8 01 th8 c0rywn￿J Ad 2￿, present tr￿1r rep￿ wlth th• finarvial ststwnents of th# tharity for ts year end8d 31 May 2022. The tnJstees hw adoptsd Iho pmmsknnj ol Aiwunb'ng aTra ROWb'ng by Charities.. Ststemenl of RècMmorK1￿ Prgdts applic4bb to tharities propariro thglr 8czounL4 ottudonc wth ￿ Finand¥ Repororyi StaTrJBrf appiicauo In the UK Rowblk ol Irel8TrJ IFRS 1021 I•ff8c.￿ 1 JarA￿ty 20191. STrUCTURE. GOVERNANce ANO IilNAGEMENT Gov•rnlng Oo¢um•nt ThB thanty 1$ oJntroU•J by KJ gDv6mirvJ dwAm8nl o dJ of tN&( aThl c4nstitirté8 A cxffipwry. rnit•J guw¥rtse. ayilefin•a by ts CcffjpwthAc12LIX. REFERENCE ANO ADMINISTRATNE DEfAI R•gl•tor¥d Comwny numb•r a78￿0 (England W8byl R•gl•t•rnd nwnbw 11462 R•gl•t•rnd offl¢• Macorwg Oulkji Fox Li Qu8en8 Ab•nu +Wder8hot H8mpshlr• GU112L8 MalorGerva D Cr BnJ4¢wJ Fomgy Ms L Gi188 Ll ¢01 J Rhc4J89 C¥p¢ain L Watt Iwlnknj i.8.211 Ind•p•nd•nt Eyamk lan Futcer FCA Irsbtuto oIChirtBrwJA¢ownt8nts In ErylaTrJ Wa Blackwotrfj Futther& Co. Chartered Axountsnts 9 St Ge￿?$ Y8rd F•mhwn &Jrrey Gug 7LW prwj ty tydororts oftruBtO88 on............,...,........ ................. and 8lgMd en ￿t￿Ilb￿.

Indgpond•nt Examinèfs Rèport to Ihe Twstegs of Arniy Winter Sports A8$0clatlon Indep8ndentexamlner'8 report to th? tru$te?¥ of Army Wlnter Sports Assoeiatron llh8 Cofflpanyj I rewrt kn th6 chadly twstaès on my examination ol the accounts of thè Cornpanyfor the y88r 8nded 31 May 2022. R8sponslbllltles and ba515 of roport As the charltys tru$lte$ of the Company land also Its directors for the purpDsgs of company lawl you are responslble for the p￿paratiON of the accDunls In accordanco with the iequlretn¢nls of the Companies Act 20061'lhe 2006 Acl'l. Hawng 59llsfled my8elf that the accowts of tho Company are not requlred to bo audltBd und¢r Port 16 of Ihe 2006 Act 8nd are eligible lor independent 8X8mination. I report In respgcl of my exemlnalron tsl your charit15 accounts as earrled out urK16r 98ction 145 01 the chari￿e8 Act 2011 lllhe 2011 A¢fi. In carrying out my examln£llon I hov¢ followed the Trrectlons gI￿n by the Charity CommlssFon und$r8ection 145151 Ibl of the 2011 Act. Independent •xamine￿9 Btatemenl Slncè your ch8rill5 gro88 Incorne exceeded £250,￿0 your oxamlner mu81 be a rnernbgr ol a Ilsled tody. I can confim) that l am qual￿1ed lo undertake the examlnatlon béeAuse l am a registered membgr ol Institute ol Chartered Acwuntants In England and Wales whlch Is one olthè listed bodie8. I have comploled my examlvt8tton. I confirm that no matters h8vo come to my 8ttenllon kn cOnneC￿0n ￿1h the exarnlnatlon giv1￿ mo cause to bsll¢vo'. acc¥)unllno records were not kgpt In rospact ollhe Company 88 requlred by Bectlon 386 of the Act., or thÈ attt>unls do not accord with thos¢ recor(Is', or the accounts do not Comply with the accounllng roqulreménts of se¢Von 398 01 tho 2006 A¢1 oth8r than any requirgmenl that the account8 glv8 8 Irua and falr vlew whl¢h Is a matter conBldered as part ol an IrKlgpenrJenl examlnallon., or the accounts h8ve not been prepared In 8￿rdAnce wfth tho melh¢d$ 8nd prln¢lples of Iho Statement ol Recornmgnded Pracllce for accoth)Ilng and r8kX)rtln9 by chari118s lappllCab￿ lo chadllès pr£parlng Ihèlr accounts In accordance wllh the Flnon¢l•l Reporting Stsndard appllcabl$ In tha UK and Rapubllc of l¥818nd IFRS 10211. I hovè no eoncèms 8nd have come acr08s no olher mall$rs In connect¢on wllh the exarnln8lk)n to wllch altonllon str￿Ul￿ bè drawn In Ihls report In ord8r to enabla 8 propor w)der$i8nding ol the acrL)unts to b8 r8ach8d. Jlu Ian Fulcher FCA Insiltute ol Chartered A¢eountants In Eroland and WaleB Blackwood Fulchor & Co. Ch8rt8r8d Accountants 9 St George's Yard Famham Surrey Gug 7LW D&ta'. Page 2

Am?y Wlnler Sports A5socIBtion Statsment of Flnanclal ActivSUes for the Year Ended 31 May 2022 31.5.22 Unrestricted fund 31.5.21 Total Jnds INCOME AND ENDOWMENTS FROM Don8tions and legacles 27fj,317 28.176 Inveslrnent incom6 7,855 7,252 Total 283.972 35,428 EXPENDITURE ON Ch8rSlable actlvltle$ CIDthlng 8quiprnent WetrF8ite costs Snow and Ice MeelSng axpon Gffjnts to irélvlduals Mernbershlp costs OfficJal$ expenses Bank charyJes 305 1,321 2.820 12,e97 4,891 917 217,313 550 8,702 2,377 808 1,969 Other 23,935 1.794 Total 249.666 35,450 Not goSn$llbg$e¥l on Investments 11,0671 25,431 NET INCOME 32,339 25,409 RecoNCIUATION OF FUNOS Total funds brought forward 217.536 192,127 TOTAL FUNDS CARRIED FORWARD 249,875 217,536 Thg nD195 forrn part of t1￿￿e financ181 sla¢ernents Page 3

Arny ￿IntrI SI￿A1￿¢1110n B•lanc• Shmt JI M•y 2022 31.5.22 Unr8stActed 31.S.21 FIXED ASSEIS IMstyn8nts 1Po).2e6 182,233 CURREKfASSErs 33,849 31217 137.027 Cash at 133.179 170.244 CRELNTORS nts Pduirq y 163,5701 It34.9411 NEf CURREMT A8SETS 31303 TOTALA&￿s LE3S CURRENT UIBLm&8 249.875 217.53b 249.875 217. FUN08 Unrejtrbtsl 249,875 217.536 TOTAL FUNOS 249.876 217,$36 th4rll4k48 cunyry IB b) Irtyn awjtt urthr SocM 4TT of lh• CLknp4r4# AL 2C(6 Ic¢ th• 31 May 2ff2. hgve r¥Jt rn]ulMJ the tryny to obtsln an of it• finon¢¥el it4t4m•nts frx y•ar 31 2022 8tt oath fjnarK4al ￿Tar In alr￿dAnc4 wth tBquiremerrts of ￿.0￿8 394 and 395 0thwv￿s8 Cfrtnply with tho requirem8nb of thè Ccrnpan 2Cf6 to finanual st8lwnent8, aofar8gapF4I￿bI9 to tho thyntst49 fmP8ny. These finBncJal 3taiements howa twn prepared In th p￿¥r1￿ 8pFlkl• lo ¢hgr514• frJmF4 4'X lothe small ￿pan￿ rtylmg. Th• knand4 $18tnents Vnfe appro¥•J ty th8 Board olTThMte68 84thortMd IN IswJo c¢¢ ........................... .............. ¥wrn n ts tthaWby'. r¥knfom worl￿￿* finanlal sl#fjments

Am)yWintsr Sports Assodatlon Not85 to the Flnan¢lal Statements for the Year Endèd 31 May 2022 ACCOUNTING POUCIES Basls of prèporlng the flnanclal 8tatement8 Thè finaneial stgtements of tho charilabie cornpany, whlch is a puljlic benefit èntity LwKlèr FRS 102, have been pr&p8r8d in accordanee wllh the Ch8ritiè8 SORP IFRS 1021 'Accounling ar￿ Reportlng by Charities,, Statement of Re¢ommgnded Pracllce applicab18 to charilles preparlng their accounts In a￿Ordance with the Financlal Reportlng Stsndard applicable In the UK and R8public ol Ireland IFRS 1021 leffecllv¢ 1 January 20191., Financial ReportSng Slandatrj 102 Thè Fin3nci81 Reporting Standard applicatle In the UK and Republlo ol Ireland, and tha Companles Act 2006. The Ilnanclal ststemenls have be8n prepArèd under the hlslorlcal cost convention, with th¢ of investments whleh ara Includéd 8t rnarkel v81u8, as rnodffied by the revaluatlon of ¢ortain assets. In¢om• All In￿rne Is recognlsed in tha Sl$lornonl of Financial Aclivllles once the charlly h89 enlillem&nl to th$ funds, 6t 18 probable that the Incom8 wlll be received 8ThY the amount can be measured rollo￿y. Expendltur¢ L18bllllles are recog￿Sed a$ exp¥n(tur8 a8 soon as there Is a 18gRI or con51ruclv8 obllgatlon cornmlttlng th chari(y lo thal exp&n¢llure. il is probable that a transfer of economlc benefits wlll be requlred In $ettlemènl and the amount of Ihè obligation can be m88sured relSably. Expendlture Is ac￿Unted for on an accruals basis 8nd has been ¢lassifi8d under hoadlno8 that 8goreoate all cost ￿lated lo the c8legory. Where c051s c8nnot b8 dlreclly attdbul to partlcular headlngs t￿Y have been allocal8d to act1￿￿&S on o basis consi8tent ¥￿¢h the u8e of re90urces. Grants offered sublact to condltlDns whkh have not b8en mel al the year end dalo or¢ noted os a wmmllmenl bul not 8ccrued 88 ¢xpondlluw. Taxatlon Tha charitylg •x8mpl from wrporalEon lax on Its charlteble aollv1l￿s. Fund accountlng Unr85lrlcled funds can be used In accordance wlth the chorflatle tsbl8rlive8 al the di8crelion olthe Iruslees. Restrlcle(I lunds can only b8 Used for pwUcul8r r88tdcted purp0888 wlthln the ob)ecls of the chorlty. Re8trl¢llon8 ad80 whan 8P8clfiad by tha don¢rorwhen fund8 8ro r818od for pgrtlcular reslrlcled purpow. Furtt explanation of the natura an(J purpose of each fuThJ Is indudÈd in tho noles tty the fwn¢lo18tslem$nts. INve8TMENT INCOIAE 31.5.22 31.5.21 Olhar partlclpaling Inlèr8918 Depo8it a¢rounl Inlerosl 7,628 27 7,229 23 7,655 7,252 TRUSTEES. REMUNERAMON AND BENEFITS There wore rn) tru$lee$' remuner8lk)n or other benefits for tho yaar ended 31 May 2022 nor for tho yoar oThYed 31 May 2021. Trustees, expenses There were no Irusiees. expenses p8ld for the year end￿ 31 May 2022 nor for Ir* year eThJed 31 May 2021. Paga 5 continued...

Am)y Wlnt•r Sports Assoclatlon Notes to Ihe Flnanclal Slatem•nts. contlnuod for the Year Ended 31 May 2022 COVID-19 ASSESSMENT Thè eh8rity'5 aotivlles have been signlficanity Impa¢lod by Ihe COVICk19 pandemlc. the prior y6ar being th& most affected. meaSu￿S warè iakèn to mitigate the impacl ol Ihe pandemic and to gnsure Ihe continued oper81ion ol the charlly's actlviliès, unfortun8tely sryng gvenls and acthiilles w&ra unable 10 lake place during the year to restriction5 in pl8cfj. During the next financlal year the expe¢tslion is that normal acllvlllès wlll be able to be re5umEd. FIXED ASSET INVESTMENTS Lisled Inveslrnents MARKET VALUE Al 1 June 2021 R•volu8Jons 182,233 11.9671 Al 31 May 2022 180,2e6 NEf BOOK VALUE Al 31 May 2022 180.266 Al 31 May 2021 182.233 Thera were no Inve8tmsnt 88sets outskle the UK. Cost or valu8tlon at 31 May 2022 Is repregonted by. Llsled Investments V81uation in 2021 Valuatk)n In 2022 Cost 25,431 11,9671 156,802 180.266 DEBTORS: AMCAJNTS FALUNG DUE WITHIN ONE YEAR 31.5.22 31.5.21 other debtors 33,849 33,217 Page 6 onllnugd...

Amy Wlntersports Asso¢latlon Notes to the Flnanclal Statem8nl$. ￿ntIllued for the YeBr Ended 31 May 2022 CREDITORS.. AMOUNTS FALUNG DUE WITHIN ONE YEAR 31.5.22 31.5..21 oth8rcredltors 63,5YO 134,941 MOVEMENT IN FUND5 Net movement In funds Al 31.5.22 Al 1.6.21 Unrostrictsd fundB General lund 217,536 32,339 249.875 TOTAL FUNDS 217,53e 32,339 249.875 Net rnovgmenl In lunds, Included In the atp)ve 8re a6 follows.. Ineoming ro8ourc88 Resourc98 oxp$nd8d Gains 8nd 1058e8 Mov¢m&nl In funcss Unre8trlct•d funds Gengral fu 283,972 1249,6661 11,9671 32,339 TOTAL FLIND8 283,972 1249,6661 11,9671 32,339 Comparatlve8 for movement In lund• Nel movement In funds At 31.5.21 At 1.6,20 Unre61rlctsd fund8 General lun(J 192,127 2S,409 217.536 TOTAL FUNDS 192,127 25,409 217.538 Cryrauve net movern** In funds, Includ8d in th8 above arg 8$ lollow6.' IKoming re8our¢eB Resources expended Gains and IDSSeS Mov8m8 in funds Unrestrlcted fuNIs G8nèral fund 85,428 135,4501 25,431 25,409 TOTAL FUNDS 35,428 135,4501 25.431 25.409 Pb3è7 Continued...

Amiy Wintorsports A$$oclatlon Notos to the Flnanclal Ststement5- conllnued for the Year Ended 31 May 2022 MOVEMENT IN FUNDS- contIn￿d A current year 12 months and pri(x yttar 12 months combinéd po8ilron18 as folbws.. Nel mvemgnt In fuThJs At 31.5.22 At 1.6.20 Unrostrlctsd funds G6ngr81 fund 192,127 57,748 249,875 TOTAL FUNDS 192,127 57,748 249.87S A current yaar 12 nN)nlhB and prfor yoar 12 months comblnad nèt movomgnl In funds, Included In Ihg abov8 are 88 follow¥.' Incnmlng resources ReBource8 expèndèd G8ln$ and 1068es Movement In lund$ Unrg$lrlctsd fund• General fund 319.400 128S,1161 23,464 57,748 TOTAL FUNDS 319,40D 1285,1161 23,464 S7,748 RELATED PARTY DISCLOSURES Tharè wére no related party IransactlonB forthe y8ar8nded 31 May 2022. Page 8

Amy Wlnter Sports AsBoGlatSon D8tallod Statsment of Flnanclal Actlvitio$ for the Year Endod 31 May 2022 31.5.22 31.5.21 INCOME AND ENDOWMENTS Donatlon6 and legacle8 Donations Grants èmb8r5hlp fees Central recharges Lleènce fees 170,985 71,121 18,634 15.577 12,¢y)O 9.221 6,50C> 276,317 28,176 Inve8tm@nt Incom• Other partlclp81ing inter8Sts Dgposil aowunl Intor￿t 7,628 27 7,229 23 7.655 7,252 Total Incomlng resourc9• 283,972 35,428 EXPENDITURE Charltsble actlvltl Membership cosls Offi¢ial$ expgnsas Meellng expen88S Clothlng gnd 9quiprnent we￿81te expenses Snow and Ico Grants to Indivldual$ 550 4,629 917 305 1,321 2.377 2,820 12,897 4,891 8,702 217,313 225,03S 31,687 Support cost8 Flnanc• Bgnk charges 696 1,969 Governan¢8 ¢0stB Wages Insur8n¢o Telephone Post898 8nd olherofflce costs SundAes Accountancy and leg4 feeB 19,670 777 596 54 101 125 918 1,247 796 1,381 23,935 1,794 Total regourcos eXp￿ed 249,6ee 35,450 N•t In¢omellexpondSiur•l 34,30e 1221 ThKs page do68 fK)I form part of Ihe statutory f￿an￿81 statements Page 9