**CHAIRMAN & TRUSTEES REPORT 2025** It has been a strong academic year to date, highlighted by an international fixture in June. A mixed team of schools and university players faced a US intercollegiate side. The University Winter Nationals were initially expected to attract slightly fewer teams than last year; however, once again, expectations were surpassed. Team numbers rose significantly to 126 in 2025. The greatest growth has come from Beginner teams, which bodes extremely well for the future of our segment of the sport. Our Summer Nationals, with the 94 teams that competed in 2025 is now set as the benchmark to beat. We are well on track to exceed this figure by the close of entries on Friday. We have also successfully delivered on our commitment not to raise prices during the 2024–25 academic year. SUPA membership remains at £65 per year, with entry fees also held at £65 across all university divisions. While core operating costs have risen slightly, these increases have been offset by higher participation levels. **Committee** : Nigel Mercer (Chair/Director/Universities) Luke Sandys-Renton (Universities Section Manager) Caroline Grayson (Senior/Junior Schools Manager) Gill Glimmerveen (Ladies/Junior Schools Manager) Donna Stephens (Membership Registrar/Secretary) Lavinia Black (Horse Welfare Officer). Thom Bell (Scotland Manager) **Trustees:** Nigel Mercer, Patrick Bradshaw, Lucy Gordon 1 **Schools & Universities Polo Association Ltd** **St Mary's Court, The Broadway, Old Amersham, Bucks., HP7 0UTRegistered Charity Number: 1150236 Company Number: 05491501 www.supa.org.uk** ## Certificate of signing ## Original document Name: "Schools and Universities Polo Ltd31-07-2025.pdf" Number of pages: 7 Document size (bytes): 62373 Document seal: 5f902fbe21474b4293b22696c5056910 ## Issuer St Clair Rupert St Clair Burton (rupert@stclairaccountancy.co.uk) ## Electronic signature Signer: Nigel Mercer (Nigel.Mercer@supa.org.uk) Signature: "nigel mercer" Browser: Mozilla/5.0 (Macintosh; Intel Mac OS X 10_15_7) AppleWebKit/537.36 (KHTML, like G ecko) Chrome/139.0.0.0 Safari/537.36 IP address: 95.144.222.53, 172.31.29.190 Timestamp: Tue Aug 19 2025 17:32:53 GMT+0000 (Coordinated Universal Time) Receipt seal: 4ca5d2c9fbbf9609e4bbcb01821fe152 **e.** support@senta.co **w.** www.senta.co Senta SaaS Limited, Engine Shed, Station Approach, Temple Meads, Bristol BS1 6QH, United Kingdom. Registered in England & Wales no. 8964408. Registered office as above. Charity number: 1150236 Company number: 05491501 (England and Wales) Schools and Universities Polo Ltd Report of the Trustees and Unaudited Financial Statements For the year ended 31 July 2025 Schools and Universities Polo Ltd Contents Page For the year ended 31 July 2025 |Report of the Trustees|1| |---|---| |Independent Examiner's Report to the Trustees|2| |Statement of Financial Activities|3| |Statement of Financial Position|4| |Notes to the Financial Statements|5 to 4| |Detailed Statement of Financial Activities|5| ## Schools and Universities Polo Ltd Report of the Trustees ## For the year ended 31 July 2025 The Trustee, who is also director for the purposes of company law, have pleasure in presenting their report and the financial statements for the charitable company for the year ended 31 July 2025. The Trustee have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) (effective 1 January 2019). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** The trustee have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'. ## **REFERENCE AND ADMINISTRATIVE INFORMATION** **Name of Charity** Schools and Universities Polo Ltd **Charity registration number** 1150236 **Company registration number** 05491501 **Principal address** 11 Church Farm Courtyard High Street Chalfont St Giles HP8 4QH ## **Trustees** The trustees and officers serving during the year and since the year end were as follows: Nigel Mercer **Secretary** St Clair Accountancy Solutions Ltd **Independent examiners** St Clair Accountancy Solutions Ltd Suite A 73 Woodside Road Amersham HP6 6AA Approved by the Board of Trustees and signed on its behalf by ............................................................................. Nigel Mercer 1 of 5 ## Schools and Universities Polo Ltd ## Statement of Financial Activities (including Income and Expenditure Account) For the year ended 31 July 2025 |**Notes**
**Income and endowments from:**
Donations and legacies
Charitable activities
**Total**
**Expenditure on:**
Charitable activities
**Total**
**Net income/expenditure**
**Reconciliation of funds**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**funds**
**£**
1,050
122,145
**123,195**
(107,672)
**(107,672)**
**15,523**
37,020
**52,543**|**2024**
**£**
-
127,498| |---|---|---| |||**127,498**| |||(145,767)| |||**(145,767)**| |||**(18,269)**
55,289| |||**37,020**| 2 of 5 05491501 Registered Number : ## Schools and Universities Polo Ltd Statement of Financial Position As at 31 July 2025 ||**Notes**|**2025**|**2024**| |---|---|---|---| |||**£**|**£**| |**Fixed assets**|||| |Tangible assets|2|1,443|1,923| |||**1,443**|**1,923**| |**Current assets**|||| |Cash at bank and in hand||51,100|35,097| |||**51,100**|**35,097**| |**Net current assets**||**51,100**|**35,097**| |**Total assets less current liabilities**||**52,543**|**37,020**| |**Net assets**||**52,543**|**37,020**| |**The funds of the charity**|||| |Unrestricted income funds||52,543|37,020| |**Total funds**||**52,543**|**37,020**| For the year ended 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. - The members have not required the company to obtain an audit of its accounts for the year in question in accordance - with section 476, - The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to - accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime. The financial statements were approved and authorised for issue by the Board and signed on its behalf by: Nigel Mercer Trustee 3 of 5 ## Schools and Universities Polo Ltd Notes to the Financial Statements For the year ended 31 July 2025 ## **1. Accounting Policies** ## **Basis of accounting** The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Companies Act 2006. Schools and Universities Polo Ltd meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s). ## **Going concern** ## **2. Tangible fixed assets** |**Cost or valuation**
At 01 August 2024
At 31 July 2025
**Depreciation**
Charge for year
At 31 July 2025
**Net book values**
At 31 July 2025
At 31 July 2024|**Computer**
**Equipment**
**£**
1,923| |---|---| ||**1,923**| ||480| ||**480**| ||**1,443**| ||**1,923**| 4 of 5 ## Schools and Universities Polo Ltd Detailed Statement of Financial Activities For the year ended 31 July 2025 |**INCOME AND ENDOWMENT**
**Donations and legacies**
Donations
**Charitable activities**
Income from charitable activities
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Cost of direct charitable activity
**SUPPORT COSTS**
**Management**
Management
**Governance costs**
Governance costs
**Total resources expended**
**Net Income**|**£**
**2025**
1,050
**1,050**
122,145
**122,145**
**123,195**
(54,000)
**(54,000)**
(24,433)
**(24,433)**
(29,239)
**(29,239)**
**(107,672)**
**15,523**|**£**
**2024**
-| |---|---|---| |||**-**
127,498| |||**127,498**| |||**127,498**
(77,916)| |||**(77,916)**
(26,626)| |||**(26,626)**
(41,225)| |||**(41,225)**| |||**(145,767)**| |||**(18,269)**| 5 of 5 This page does not form part of the statutory financial statements Sr*c£45 8rYl Vnwsrf*s Pc*s Ltd Stsfwr*rt ACtNIt￿ lindwling In(x)ft* E¥W￿jrtUre Act0￿7t1 31 W 2025 h•ri*l•a¢tr 122.145 127,49U 121195 1107.672) V07N7 1145.7on Toi*1 Tctsi 37,020 $5,289 37.020 2rf5 SdK*)L% and VAr￿r¥￿e5 Pck) Lld St8kn1 OfFrorKI￿ P05r A6 at 31 ￿￿2¢)25 1Jr4 Cashaib£r*aTh*￿l har 51,1 .10) 35,097 3&097 51.10J 31097 37.020 3T.O20 UnrestrK*dmcrrofvr 543 37.020 37.1120 NvJ•l MI￿1