Company Regislialion Number- 06752389 Gharily Registration Number- 1158690 Empire Fighting Chance Report and Accounts For the year ended 31 October 2023
Empire Fightlng Chanc8 Roport and aeeounts for the year end8d 31 October 2023 Contents Page Trustees. Annual R8POrt statement of dlrÉctors' responslbllltl8S Audltors, report 12 14 Funds Stalem$nls.'. statement of Financial ActivitiÈs stal&menl of Financi81 Activities- Prioryear statement stalemenl of total racognised galns and 10sstr8 Movements In funds Income and Expenditu aceounl 18 19 20 21 22 Balance Sheet Cash flow statement 23 25 Notes to the accounts 27
Ernplre Fighting Chance Con)pany Regisalon Nrnr- 087S2389 Trustees. Annual Report for the year ended 31 October 2023 TheT(vslees pre5enl their Report an¢SAcLovnts lor the yeai 31 O¢iobgr2D23. alsoc0e& e DireGIDts' Report iequiid bythoCompsnlesAcl 20. Ref8rence and admlnlstrative dolai15 The ¢harllyFtaine Tho IBgal Mme ol Ihg charlly Is Emplre Fightino Chanco. The ¢haTily183lsDknowi by Sts Dwallng nam8. Einplre fbJhlkng Ch9n. The charity's operadon UK ch?rllablÉTrrep15tratloyJ. The charity1$ iegi$ieied Enulahd & Wabs the Charity comm15th In aw&5 ICCEWI ¢harttynumbei 1155690. Thèch8rftyqJeral85 in Englaryj and Wyles 2nd dDe¥ nOt0pÈra In any fbV8rtèèslurlP1ctna. LegJlstnJ¢tuK¢ of thg chaAty The (arity rseonsliiuled asa cDmP2fiy limlled by guaianlee, Tegi¥teiBd under ¢9[nr&SAct6. Th8 gov8mlng dument DI ¢harSty Is Ihg fvIETnoianthm oDdArtlclÈ8oIA6Eoclatlon èytab11shlTbg th8 cotnpany under?Y laui$1allon. The govgining docurnenl Isdat9d 29 Octobei 2013 TheTe are no rEStriCIIDns In Ihe gllVEminp docvmEnts on thecFeiationof th&Chaiityoron iisln¥eslrnent pow6isolhET than Ihoso ITvpused byGhaTty LaVI. ByoKEiation oll&val, tiuyte&sarpdliBCtois lh8 COMpAesl 2006 clreGtor¥ greliUStee5 uThdei Ch?ribeg lèg191allon and hayè5PDrnS1mI1l6, 39 such. undBrbDlh company ¢hadty1egiylaln. Thg Iiustèesare all
Emplre FSghtlng Chance CompAny RegIsatIon Number- Trustees. Annual Report for the year ended 31 October 2023 Theprln¢lp•loperath# ddres8, 1ol•pboK•numbpr. wi411 IML4wb ad¢lrnss85 of tho eharllyare... LoW8rAshY Road, Easton Bri5101. 9$$ OYJ Telèphono0117goB66S5 Email Address hlo@empirefigMingthan¢b.org W8bsddrÈ59YMw.eml@ffl9hlIhallce.org The Tegislered office of the tharlty forCompania$ A¢i purpoge& is the $ne as Ihe operali address shown abDve. The TrtJsle•syp ofllc• on Ihfrdg1• th8 rnport was èpprowdw+i•.'. SimDn NÈwll IGh?Irl Day Phillips ITreagurer} ehariolie Led Algx¥ndBrCmpbel Crl3Frfn Busk Th• lollowlrtgperson$$8rw8d4s Tru8r•es fh•yearendodJt Ocfober2023:. The ITUSlees whu sENed as a ItusleE In the reportlng pold were as 5hownabllV8, and Iherg ¥YgipnD cNgnge$ during y88r. or th& peiw)d b8h¢en Ih&yearend andth8 approval of th8 accounts None Df thè tru51e•& re membersollhg charitabl8 ¢ompany. ThD mornls of the Gharitsblecompanyai the CEO COO. Martin Bisp and Janu&SaNi98r_
Empire Fightlng Chance Company Reg151¢aiion Number- 08752389 Trusteès. Annual Report for the year end&d 31 October 2023 Ob5ect$ and actlvllles of the Charity The p¢Jrposes oFthe ch3rltyas set oytln its uovprnlng documenL nie chan11s(l$¢1S1'obi£CIs.I aspecI£21Y le511tea Iu 111@follow 1.5 1 10 advance 111&8d hEIp young peopl mpr(wo thélrcrfiIsQl e-. Iiil prDwdino supparf 9uivlt48slc devokp thDIrSk15. cachilésaThJ C8Plili&S Io enable them lo lpa1èln sociely B6 res&8 i7ddIS-. 1 52 la helpyouii9 IOple. espec7 IIUI not eKduSivdy Ihrough ieisjielifm &1111¢$ Ihg fonn(rfamalouT boxing. wa5 iodevelopthEK¢apabililie5 Ihalihey niay grrAYtofvll maluty8b InolvlduS membors rrfsociety. l S 3 103cI a5 alE50WCO loiyoung p¢¢pl&up lo lh6 $g¢of 21 by Pr((ng advice and 2&sr&lanad organlsinophysi¢dl wograThrne5 sn¢ hraCtIVi11e5 ds e5 01 111 advancw In lifèAad I11 V¢ufiV PeOe bydOveiopin9lhoif 6klllS, capacjlips wlO¢2paNiti85lo eThèb Ihemio partkjpale 5oGi•y as indepclldeni, nialuTe resp0Db1OdIwdU9 Iiil adv1n9 ediicH11Dn. IiiilproTnoilng of 3rtial¥Te lor pÈooethD have nePll hyièason of Meii aoe. Infirfrmty ordisllbilily. pov¢tty orsocu41 and thephys and fflenlal olpeTsan5 5urfeiirt9 Irom le$s nwlicalcanthlions 0[Y desuI1QD oiin needof I8118111atl0n liiough Ihe prim%1) of physical dndoducatson£ pr[2[[S and oin ac1lvlt1e5fj ty w0dIng ( assIlg ID the prov10 ul egU5pm8Th1.faulilles. lillaThal a55iSlfW. pFalEI widolheT 5UPWI s¢Mces. 1 6 DlhingiTh Ihe art05 shall &uthofisg3ft appbC41iOn ofthB pioperty ollhe charitylorpuiposesythicha1n charilebièln acarKe wth 7 oiine tharilleb ¥nd IiUSt¢è Invesknenl itscoUandlac12QOS dloi Séct Zdthg LbaDiies adiAOrthgrn k8lafidl 2008. The math activilh$ undertakgn In relaiioyj io Ih•sfrpurp05e3 during theyeor. We have cie¥ted uniqiie approach lo 1 young peOe Make a 5ubsianiial lasiinu change. This h$$ been done Lly embedding cutting edoe psycholoyy. therapy8nd Iniensiw Fwsonal developniéni Inio noTr-witscl boxing 5es$ionswilhin ¥lrLduied programmes fealunng non-contacl bDxing. p5oI0gl eJu(xtion menioring. pwe arrt trt0 box and in bebween phys1 xiltEswe embed powtrful, evidence-b3aÈd psychobgleal ponripS creale 811hIer Ihimkiw. Ime beILevetI gWrt¢J¢ars mind, thÈ physiologica1 ¢hangesalloN¥ryng psycliologio*l ores Io OCCLJrlhvs aling a posrtlve leaming siaie. AmoDg m8nythings, ywng pèWe learn howto reduce anxietythrough aGcepiirwJ negallve emolions ar¢ irarb9nl, bounclng back afterlai1vies and ctrollIng Iheiraw¢r
Empire Flghtlng ChanGÈ CompaNyRegisliaWon Ner- C67523B9 Truslees, Annual R8PUrt foi the year ended 31 October 2023 Th•mdn actlvltles vDafErtaken theye&rlo furthorth8 chatJty¥pvrposo forih¢publl¢ b•nlllr. Thiough tll8ntorln9. young rAopla bulkl Ihe fndatIonsfDIgood physical and tnenlol heth. incjudiny 88llE8 of purpose. wulai physical acllwty. a h8allhy fife.$ty pDsilV [daln&hIps. PODP wlih m¢Ke aculo ISSUÈS pHrf¢lpalft EuropE'S fiisl TkrapY piograrnmo. BasEd In our gym. a IhoraplstVdÈaVe% In Il)eT?pywhi cOBthing xIng Theyfocus on supportlng ywng 0P1 lo sell-f9.gulat8, manayplhelr and chanw DEgafive WAysoI bohawtwJ Ihls all indlviduals io 41hadlcslWexwes5 Ih8msBlvesto plesS dEfficull vAp&rlen¢es. Th8y lai qulckar Ihan Iradlllonal e Iiatk8iilDn young PeoptE&k1¥ope boxlng s&sElons and other$eI, Including aweekty bDxlnu Irairng thErèpeulic4pa¢9foryoury peop10 expBilencing mgnlal I1th18£e$. Thi61s aD imwtanl step in bu11diw r8sillBntè and ma5nlalD9 their improved well-belng. We have also dweloped a national netwoikol NganLsa1ls that Ihsiwe IrAln and support io deliver BoxChgmpion8and BoxTherapy progtammes. The 'Pow8d by Empiia. ntk hos 27 amai@Ur bn9 dubs, 32 youth. Epttrt and1[pcddrery Drganl$8iions Ihat CdE- -youth Jus1 ServkeB -Aclwe Partneishlps -Pi0fÈg0nal foDlball fouhdalb -NHS-Children and athlescoTrltnenial heallh setyE8 ICAMHSI Sithce June 2022 thfryhaye raised in ex¢e&s 01 £1.5 mlllion ITOtn Eale>. gr8ntB and [und[S19, worked Iwlh over 11.OOOyoUng peorle. We aTe makiw these oiganisstion8 SuBtsals, Iheli ovm COMnie5 therefvFe ¥nsuity la511ng change. The Iiuslee5 have had regprdlolhe Chdrity¢ommIèts1.s benefit h man¥b4 the div$ of the ¢h8rity The 5hDrt lernafj411onperlerm 8imsghLlobJocllvgs Our obiÈctive foi nDw and OVErlhe next Ihreeyeais centie on Usb[ lter, en6uritwJ ¢3n help Ourfw8 priodesaIfr.. .E51Eb115h a globol centreo1exclleP. .Sl8piip lo[ ourcommurAty .Share ourvéoik national and InteMatiNY .Stsnd Upforthatè bdlBVg .Get fitfor the fight Thg ch#Flty'$strntegfgs forAchlèvlngFl$g1ffl5 anLlotye¢llv•¥in Iho future. Wg have selfwe goals tha11118 ourwotk overth8 next190 yeaT&. For each goal wo havedeveloped a se15 OIIAclics lo achiEVe .
1 ESTABLISH AGLOBALCENTRE OF FXCELLENCE IN BRISTOL
Everyllmro dOlI thrtwilh Ourrk In Ea&lon. Frotn our gym in I heartolour community. we'll ¢onlinu$ lo Inhovate. leArn bYdDIng develop ldnCe olwhalwoik$, shate all ollhi55yith olh213 aiBfighlin9 th&6amvlight. We alm lo dovBlcp approaches IhalaierecDgnised erouvj they forlhoii per10 mak8 5jnI¢anI and lasllng improvemenL% lo young ppIe.$ hves. Wèvé1.. .Make ntInuous imprcveffl9nts, iuoted In thg EmpirEWay'. We'lllth rden116851y lo m3ke blg artd small changes 10 Oui work to Increa5e¢ur youno peoph. W9'11do thèlWl5l¢onstantIY siaWng Ilug ¥vho v aieand Ythatr knowwors .Become Torede diiven We'll push $bèn9lhentr8 llIgence we 9alh8rlillm the slieels, young people. ourde1ivery. èxpert8 &cè¢kmic9. WgvA11 usg Ihèl ioleam. drSv& IMproveI, Pr£ Ihalvthal wedDwrikB. .Yake all our eurrent prowamm96 lo lh[ lum ptslenllol.. Wg'IIwoTk ordS gelling yll Ipuroloui progFgTlltne¥ operaliw atthe fh1 scole. mmUM IrryaGt. and lo a Standardwre W'TBCQnde1lo 5haTe thern vAlh olh8r Drganisalknn& .Rèach opt41n caparltr. We'll ihe number ol young PEllp we SUPPDrt In Bri8101. to a18yEI th5twè be9¥8 is optlmumfor our cdiulè, quallty olwik, in Ihe COThywnity. and financial 5uslalnablllty. *Yian$form ourboxlng gym.. We'll develgpourgym lo prowth young peo and Ihp kam bilh I envlronmgnl they need to dogTfyalWDtk lo eDabla ys lo pperty$hoWca¥B and share ouiw0rkN1h partn8rs Irom arnund1hox[.
Empire Fighting Chance ornpany REglytr81ion Number- OB752389 Trustee5' Annual Report for the year ended 31 October 2023
2 STEP UP FOR OUR COMMUNrp(
Wewill lak& Dll grea1 reSponsility in Dur knea1 cornmunity and OtherlkIng class cDmmunllies atr055 8iislol. We'll Inveslln. collabDTateand 5harewlh Ihese CDmmunilies lo ClectiveIve forrtaid. BY So. ¥'ll helpto cieate pLryce5where Iheiryoung peuple havoa better thaTrcE ol iea1191ng Ihwrlull polenu. .Become morv ¢OnnEcled-. We vélllconlribthE mole lo Ioc81 str¢01£S aDd partnersNps, and w8.11 cieale moro c(wnp1ehen8E Yang&of r8feT[al reLOnShipS to youn9 petyqe accg$s boardEr. more j(Mne&up 8UPPOti. .Share ourkTvAEdgd olhei$ In ywrtg petse'S lfves W8'lld8vdop a rAnge olways lo share aur xp9rtrse p£rents and wéis. $chDoLs and olh8rswhD are inyort2nl Sn young llP1e Ie$, io mèke u5all more eftedlvg. .shargourspaceV1h olheisvthD Can hdp.'We'll CTealespaceYAlhin otsi now buildin9 lor otherlocal anisabDnah¢ ean piovid8 addillonèl 5UPPQrt lotheyoung people Yh and Ihèlr larNlies. •Shaipen ourfocus on thosÈvtho need us mD5I We'll IrL¢e39 lho[k WE to do lo ènggge support ynung peDpl8who ère Dul$8 m¥instream yeNices andwthuul advrt8ie8 In Ihgir ¢Er, 4$p8claly ihos9 affEded bycfim& and ViolEte. .Increase opportunities fDrlalenl in ow wrnrnunitie6.' We'U conliwgtDpiloriUsèlobs gl Ernplre Ioi PEO& Irom BristofsworklntrcLass comrnunm$ and gxpandovi rterk of employsrswhu can Otler young peop up11&. Wgwd1 alsDPloMole ovrb9118f in tlmrtan¢9Of Incroadng WsKklnd35É1oad8islwp In our 6eGtoi io ourparfnErS acio8B Ihg ¢1ty. 3 SHARE OUR WORK NATIONALLY ANQ IPITÉRNATIONALLY WEWIII slep up oureffort5 lo Impact morey00 peop. We'lldo that by or0vA a Tnowaménl of oroanis8lions u5inu ourwth In thElr eommunilies. ralh@r than grvmng Efflplrg ltsall. Wa'll expAnd our E1[k ollraingd partnets thtrare our approAch In En9bnd andwales andcOnderokln In Northern Ireland and Scoiiand. w8,11 use the groyring inl81@st In ourwofk from acros8 Ihewortd to exploie howb8sl to share ourwotkwth pathrG Inolhor Coune. ewill.. 4D8velopour ol tralned boxlng clubs We'l conlinue logrowlh& nurnber Df bDxing clLtssknp hwF tralned. slrgngthen Dui p8¢kage ol support, ditfeienllaleour Dffer lo club5 ofdrfferenl $hApes slze$. and d8op8n r8laiionshlps vllh IhosB dubs Ihelw8 think we can mEke Iherrnslimpactv1h. .Slr&ngiheD our appTDachin Soulh Walos We'11 Inire&e our pre$en¢e, tsnge ol yogramm95 and itnpattln Ihe ieyion. WE 111 [labLal9 more eXten5riely, induoiry ryth tomnIeS who ¢8n offgryoung PBOP OPPDrtUnille$.We'll niakg ourwoik In South Wale3self-yu$tsinin9 and explor8 whelherour Improvgd mlld81 te v58d in otherplateg. .Exploro newway310 i&a¢hyoutwJ pèoplè.. We'll explor81 pentIall0£c?fjurwoik ihrwhditrerwl Tnodels and non-bwng pArbwrs. Wev4711 Conn8 lo pilot our modBI in Notlh Wale5,vthkh In¢lud@s US working alongside Wrèxhèmyoulh Jusdc8 io dellvei io peoplè 39 an alleinalive lo? cvstodial entstK8. Sh8re moig EMr@ proorammog.. When 8(rxJunknis, Box Therapy Box Cateers Bie running lo Iheii lul PDlenlial. 11 docurnenl and shale Ihemlh our Ine¢)Ubsad other Dfg8td5allongvthocan U80 thEtn 10 9UPPDrtyOLbW peuFAe In Iheircommunities. .PlloiwoFking Inieinalitsnèlly.. We'll ¢onlinuE to Wkth gl¢bal sUPPOrtetslD exploia htSle share our dl oVETseas. Wewll davelllp approach Ihal works loi pathersovgr8eas asVIEII a8 lor ourwotk In th8 UK And we'll piiol Ihal apprDdth in a srnall nUmbErolcounlrie6.
Empire Fightlng Chance C(4npany Regislrolion NuA&r- 08752389 Trustees, Annual Report for the year ended 31 Oolober 2023 4 STAND UP FOR WHATWE BELIEVE wev11 fin(f auivDlce and becomE a tnore oth5p0k or9anlsaln. We 11 ovl QPPDrtunibEsta stsnd up lorour 8Elief5. and aimlo InfluEn audiences in Bdstol, Ihe UK InteIn&lnaElY issuex IhÈlèffect youno peoplo and our ablllty io 3upport knErn. Wewj11-. .Gr(Mour influ8Dra.- Wè'll &ignifi¢oTrlly incrE4se OUT tyofilg al a nallonal and 9lobal level dnd slrongthen our cledibility by cOming a leadlng volD£ on youth wolen¢& Ènd olliei Iswes ewerlettced byyouny peuple from rking c1869communlbe$. We'll use DUI increased innueDce lo achEVe ¢hange8 Ihat benelll young peopl 0uic0ffltn1tynd to $¢48ouI modd and piornoleovr partners. .Slond uplo( youw P0p1a.- Wè'll be in young people's corner lo Iwhl thEinju511cglhgllh8y Iscè. Wevlll ¢unSiSteniiy wtrayyouw people as individu815 %%ilh slignglh and puteniial. Andw8'1I providfr pla5fOr Iheffl lo sharFthÈii stor$ and idea5 to influence lhewol around Ihem. ialld up lor our comfflunity We'l raise srenEsS ollhe Issues Ihal Impa¢iyoury p8upla in Vdorkiw class eommuni11gs in 8ii¥ld beyond, atO Will ¢all lorth8 changè$ that Ihlnk ara needed to ImyotheI¢ Sland vp forourmodd-. We'118dvocate lorour #p09¢h lob8 us8d aeross mul8 tionS in UKaDd bally. Wov•ill protnote why Il's rél6vantfor young pellp1é IroMtlI daEs (xxAxunllies, we'll call .stand wlth owpartn8rs.' We'll piornolo1 ofgèrasallons Ytho are ddlverlng Our[. andwe'll advocate foi the wlenlkwl DI boxlng club5 and Dthèrgra3srwls orgahtsèllons kd bywothing d8$$ eDnynvnty kadwsto 91ivEr 181 charyg.
5GET FIT FOR THE FIGHT
Wev471 slienplhoD ouroigèn16eiionon Sevr Ironf5 SQthalW8'rd equlppgd lodo bÈsllob w8 w fDf young pple in iealL4ng thSf[alEty. Be¢aus9 Iho change wonlwani happen Overnh1, we 111 bDild an 019ani58tion lor Ihe long ha. Well rnakg Ihesèchangeswlh a consiaThicommilmEnlta reiainlng whal make6 U5 FI0hti ChBnce. We11.. IncreHse yaUThU peoe'S po[. We'll (FwnwltsforYuwll PEoplelD shap84[ IEad our tk we11 devglop a Ither plciureolyoung peuple's exp8119n at E[Te and us8 thk%tDmake Improvemwls to 0[ rk. Andw&'ll Br0Y rnoia of ouryoung Hlumni and create & youth leodei$hlp progratntn8 for yoiing pgopl@to lake oUrknode into Iheir slieets. schudB and homgs -GrOW Incorne susla1nably'. We'llGi(yiourincume In awaythatwe can mainlaiD In Ih&lowr lerrn. WON11 dlversify Qui incomE bysecuong gran18 Irom Thwll¥ ¥oUTcES. Incieaslng lh8 inCOTnè Ihalw&gaiD frum Bthaols. grD%%4ng oui incom&fium Indfvlduals. companles ondevenls andeXOrIng nowincomè geneRII ventures. Ilnvesl IhE ErnplreTeam'. We'll increase Irainitwj lor peoplg on Issu8slha19peclkallyaN@cl Iheyounll pBopIEWe¥¥crfk with. W9vAII ba high pgrforfflèf3 and ID¥95t ID Ihaiare VI forourfulure. Ind19 8dvopAcy. data andys19, wllaiwratyon and worklng into[natna1ty. We'lleDsur8 Ihalweeonllnue lo havp a young. diVEiSè delNory tgarn %%ith Ie6 &Kppd8nceollhe1ssues young peutAe lace. And we'w continue io take caie of ourleam by Engurln9 that Empir&iÈ 8 PCeWhere PEOP develr47 and feel 5UPPOrted and rg¢ogniBed. Jsharing k•dershSp." W8'lldeveknp leadership rolESand responsibilities scfoB8 Emwre. ¥upwrt peo810 Ihrive In Ih059 rolEs. and shore sliate9icand Dperelronal le8de15hipgth a stirwer sEThr Mana99ment Team.
Empire Flghtlng Chance Company Regi51iafjon NumbeT-0U7589 Trustees, Annual Report for the year ended 31 October 2023 HDwfhed¢llvlllo8 dutlng they8arcOtJfdbuledlo thgachlqvBffleft)tof the alms and ective5. Our work 6efrkEtoimproVehtswyoung peopla Ihlnk ènd behaw. wrk laId$ young peDpb achiBvlng rive knng lermoUtfDmes so that Ihfyycan rèèll8e their uniw& potEntlal. Thèse aFg. goDd m8nial health.. reduced r15ky. rAwThnaland antl.so¢lal behaVUl5." Bngagemenl lIheWaY¢, hpallhy idaiionships and su$ialned empJoyrn8nl We h?V&dBVelo a mu111-yO1ed. p8rsonal&ed programrn8 slneeouF largel gTouphEsTIIIe. Gompl&x neEd$. Eèch elemgTr1 CTBat8S PDsSlfve ohang@s Ihat thMne io achieve ouroutcomes and Impa¢l.' .BDklw gnab1gs yon9 peopl&lo', maké physlologl¢al chawe8 la boDS1 mentÉl wellbging.. mathage&t¥Jer. and.- improvè 5ell-e9teem and confidenceAS filne55 and bDxing sk1113 Increase .M8ntorlng and psychalugical educallon enablesyoung people lo., dovalap a SEnsè olpurpoee hhJh81 a$(alns.- tnanagèmenlal Ill-heatth 3ymploms.' bu1 poI1c&l resilè&.. lake s1gp310 i@du¢ |TNDlvÈmeni in risky and anti-SDBlal &Ct4vitres le.g. IEawng a gangl.. improve socLg1 nehyorks, And.. sIrenk I10nshIpsy1b paren151careYs .8ox The[apyenBbles young PEO¢ lo knpiove howlhey.8dr-regÈ, to botterTnanag8 8mtstlon9 a change nepaiive waysol behavlng .Box Careers s¢wuns¢iveyoung pee urèaler purpose, maklnu schud Tevantnd staying outol trOtse rnor$ irnportant OurThooryolCkHnye is built upon llngtdng proces$ af ieslingl Ewthnce gdtheriw and le8[Di9 11819 rfjfiec re$Èarch that has lowd cUtreIlDnE betw8@n i5sknesexperlenc& byyouog peDe le.y. youth ottendlngl andlh9 absgnre ol¢thcoffles our prlliECt seeks loa¢hiovg. ulkèQlheT youlh $givicEs. 4ufwOTk offers an opportunity lo participatsin spart and gAln supp)rtinways Ihal feel nalural Byhaviny 2n enioyawe, non-5tiomal1slg experience. youno people lutn up. Itugl ale mobvated io make ckk3n99$ in lh[ Iwe$. 8oxiw ofiers$e¥eial olher bgn•fits. snciudhg Improved phy, Increased St-8$le9rn snd DPPOrtuniii&slD rnake trfèndg. Re8ovrro3 useé It) Ih•4¢livi1185 tsrtdertiken during thefftr. We curronllyhaye 8 team 0135 peopIeWuth lowaid$ourstraW ambiliwfy. rh• ¢ontrlbutlon of volunteers durln9 the year. We u9e a 5mg11 Dubl oldsCatedvalnlets make a hugu dtheience iolhe young PeoeweWQtk ith. Thosc help adwlirffj as wideranglng As se55nal dVry Ihroullh lo markeling and Iundralsing. A DurnbÈr DI young poopl@whowe hBve 5UPPQrted come back lo vnteer 5UPPQrt%balw& Hto espealIYa[0Trd advocacy. The main achievements and Performance of the charity during the year. During year. thstity8upporf 33Y ytsurwJ peoplfrth dlrEcl d8lw8ry. P8thBrs ha¥ewoTkgdvthh 6239 young peop 8oxG 78%fool mDIBconfidBnl 60% gpt Inlo 5S IiouNB 8oxfhttra 95% 1ÈÈ1 sale al Emtiie 97% lell Iard and respeded 1% imFVeIheif Mental11b BoxC0e[S." 150young peop 4&tn9 Ihroughu* 75 progressed into11Th1n oremploytn8nt
Ernpl Flghtlng Chance comp3nyRegtTI1o Number- 08752389 Trustees. Annual Report for the year ended 31 October 2023 FunrlralslrJsTsetlWlles durlny Ihoyeor. Wo ha afundialserwho t4[get8a t8&c$ out lo telia1 bgTr&factois to enable the obigcUvgs ID be ochieved. In Addilion. wp run 18, Ineludlng an annusl qulz. corporate iralnlng days and Wd alE surwrted by lnthYal1yndrl5kn9 SLth a6goll days Dr 10k IUh5 lorlhe chartythryÉuppoit.- Tho charltyis avtsie 011 leBislBIIDn rBlatw lo'al gkyiw. Wo havErneasuies In place to on¥ur8W8 dD nol iAke adyantay ofvulnEiabl2dDnee$. Th@thfferen¢e Ihe ¢hwilys PErform&nce durfng 148 ywhosmade lo bon9fvciwi8s usin9 th4 chttrlty andth• Llèkreelo whl¢h th8 achievements ant1performce durlng they•arhayq bgn•fit8dwld4f sorl•ty. We havèdone ds9nSncanl3mtsuntofwork lo lack inuw03inu WE4¢Èthin ourcommun1lj. TNS wrk havo Included introduclno the ¢¢pl olan Office o(Wen( Prevention to Iheoty of Brislol wlh 5UPPOrt Imm inteinalnl parfnEFS indd0 Peace In our Cities. MEdEIMn Resilienco Offtce Reth.. EdniOn, Albvrta. HowthpachlgvgJrJgnts dun9 th•y8arfftgasUr& tsp lo ths obJe¢llvg$sèt The chaTtyha8 m9t81 lh8 tar9atstsd oblvieS w8lnièhd8d ltsdwlw Ihoyeaf. Tho porfofflJwrc• Dlmt•tlalfundr•Nslnp actlvlf1&5 dufinp theyear•g8hJl the fundi&pslnuobJectlv• ant6 durirtg thè yeoi budg8land forerAsis. Evgnt coYpDrateand PU fuDdrBlny dgl. 5tructUT?I governance and management ot the chatqty rh•m•fiTod5 used lo r¢¢ryit&ndappolntnewcharllylru¥ts•5. Thera havè been no Iiusl?esfor a numberofyeaFs.11 nEed fijr 8 fiB%V Itusiee was hl8DbfiEd byth btsard olliustees, a lislol altiibute5 would beéravm vp and B new Itusleewould b8 recwilEdNtho metth6 cle[sa. Thèpolkles gndprocedures lorthe Indu¢llon an41trninlJJg DltrUSteeJ. Nowiru*es VIOd b8 pioVidÈdwfth tralniw th@ dutiesand re5ponsibililio5. rh8 ch#rttys orgAnlsatlonalstrucfuK•. 8rd of tm$8$ sellhe slrél89ic tharfthlè0b¢Uv and mÈagurè pèrformancgag?Insllh8s&althelr truslÈe8 meetings. Theth8riVs Qeo pnd COD ¢arry outlhe LtsylDdsy runnlny oflhe that0 aBhl8vè tha 0tr4ecUves. Howth• charitymakes d¢¢lslons andhowde¢lsl¢n4 ere d8leg&fed. The CEO COO have fFee iÈlTr on achieviny IhE oblecllves. HowevBr, theywould preBenl anysigDrfIBant arM&ler1 opeiallrwJ docIOn io IhE Irusiees rne&tw lor approval befofesuch cour8¢¥ of act undertaken. Th8sE are mlrwjled in the Ihe trusieps meeling mlnuies. The GhlolEwtWo Off1¢grd0th8rS•TrlorrthIF8rtsol to whoth deyso managgméntis delegatèLI The CEO Is Marfin Bisp. Cools Jèmle Sanigar
Empire Fighting Chance CoTnpany RegIÈ1Tr Numbgr- 087523B9 Truslee5' Annual Report for the year ended 31 October 2023 Settlng pay and MneratIOn of key managementpersonnel Th8 bo8id of tsuslee9 sel pgrfomancE objecllves and lh& r8munèim package of the CEO andCOO. ThÈ CEO seis iemun8iabon p8ck8geof lh8 S@niui team wlh approvalfiom Ihe buard. The s8nlllr t@am IEcommend pgyris8s fof thelrleamB basedon p8rformanEe executive aPPToypand fowaid io 8rd fo( 1Snal approv The charltys relallonshlps wAth relatedpartles. Thérè èra DD rnaierial r8lat8d psrtylransactiolls. 11 rdated ltranSaCt)In$ owur. theywill always b9 on an armè len9lhba51s. Thè choilvs Iivsl8d advkers a.. Uoyds Bk PLC, 284 Wolls RDad, KnwAe. Bi55101. 3 SW Re Esiale. 16Whiidadlp9 Road, Cllnon. BriEid. sma&$ 2530 CeI, AJM05bUry, Bristol. ankeis prope Consullanls Accounlanl8 FiThancial vIeW Yh• chwllys AlyJinclBIptr511iOn atthe ondof tho Nebrnded31 O¢tober2023 ThE finantlttl poNtion ollh$chaDty Èt31 ocl0ber22J compsrabyes foTlh8 Krfod, ag moFofuHy detAIW in Ihe uccounls, can be summqri58d a4foUM'.- 2D23 2021 N•1 Income 159,661 20.fj82 Unreglri¢led Revenue Fund6 avHiPJbl0 furth g8n8r&l purposes of Ihg ¢hai 612.012 RÈ$W¢ièd Revenuo FuTrd 90,905 TDial Fuhda 8S2.576 702.917 Fin&nclalreeW0lthPPOSIlIol1 trtth•r•portlng dal8. JI O¢tobgr2023. Thfrcharltyhasextted ils budgeted sufEAusfDrlheyear. Most a Ven ID prDvide a 8ENlte lor a perd oltimE. Kith the ¢horityfi&&to Ch0h04[1 cèriies 0Vt the geNico. These afE treated ds unrEsldctedfvnd5. They re applltUonEd on a 9traighl line basi¥ OVCTlhe ¢87Ory peiknd, consequ&nUy. thB deleried In¢om818Signifarrt. Thg thaiityls adv3n¢gd lalks r8latino 10 2 three ca1?1 pioieBtsthlch Su"et to plgmkng 11 [eqre lUnherfuDd131g ID achleve, consequanlly IhEresepde8 have as plann, Inueased. Thè Iru&tsg6 CQDSIOErlh8 financl81 p9rformatO by the chèrilyduiSn9 Ihg yuai lo havebeensalislactwy. Pollcle$on r•58rv•S. A8? fi Ihe anbclpated capltal prJts entird obove. th8tharily ID keep SIXnnth operahng osts asr85Èrve8 sothal 11 conbnvèto delfvei ils SFPriCES1tslts ubeY6.
Ernpire Flghting Chance CompanyROstralknTr Number- 0875236 Trustees. Annual Report for the year ended 31 October 2023 Golng Concern The Board olTru$lees haséxarnliied the ChariV$ re.quii&mentfor rESPn5 Inlhelighl of the main risksto the organisalloD. Alarge pÈreentage ol Etnpire Fighiing ChBnce'5 income comes Irom 9r&nts. su¢h. iisks aiourtd finance In ITr shDrttDffledluM lerm arorninimal. Efflpire Fl9hling Chance's liabilibes Bre also modErate, taking into accourtt IhDse In re£peciol rvdundanci and penston6. ThEse reseNes qre 8pptDPrtstelD meet Emwre'swotkiry tapitsl regLrment8. Incwing gnyfuluro al-IL%k c1$ lor IhE nexlarcDUrtlkng poriod in connection llhovr nqwbaskelb311 court prlliEd The Execulive are lidEnl Ihal, al Ihis Iwd. Ihgywould be able lo ntInUe lh& curi8nl tsf thechailty, iaklng kn10 anItho Dl4 siyhmcsnldrop in funding. Tho truSteèB Arè 0f1h98wthat EMpkeFIghU Chanc& is a goiw cortern. A1{ablty&d••ryUacYol?s5us 01oaeb ollhe lunds The board ottrustse$19 sa$r1ed Ihal th8 charlws assels Ineach fund are avall&and adÈquÈ lulfil Its Ob9on$ in respect of eath lund. Slqnific&nl Weht$ whlch haveaffoctedthr flnanclalporforman¢e ahdtha flJ)ahcl8lposltlon. Thg grant Incomèlor Iheye?I was sbDve epe¢lalSon. Sn part. Ihiswa$ lo somE hlgh prone kn&81 9ang r£ted Itht5 kPtsd Ythh, biought tional Iundlnu lo thè ¢h8TIty Tho majorrfsks to whl¢h th• Charftyls •xposqdandreviekvS endsyslems lo mitig•t& Ihtrm. The ¢haiityi¥ exp08ed ID è nvmber ol ii%ks ThB truskes wodically carryoth a 8sseg$mèntwhl¢h VL lits Into those Il can control suchag sèleouarding of slaff clnts1otheo It cannot¢¢[ suth as gownrmnl policy or publlr glvlno. From Ihe risk a&SmEn( Ihe $let5 deviseythal ilstrBteulESlv co¥er8ny pDtenl&?l events. tors Ilkelylo affoct lufurv fAn#nClaIperforfflr9. The chaityis vmikinywth the fund9r I[np8% rèfine and Impiovo its ITnp ov81 th8 n8xièvo month8. The n&Ik of partngr orgaTrisabuns1s èxpecied lo growand support mDI8 yuuhg ptsp. The charitywll look at dlltèYÈntway901 measuiing115 Impa¢1 and lIwork In mole deh Ihus8 Ihat neEd Ils support m05t. Th6 thailty aim5 lo 9xpkn@ Ini8rnational parfnei$h1p$ and Iha incioasB DI advDcacy. Thlg Is an gxdling lor Ernle Fighlln9 Chance. As a tharlty. wèstand apartand bEcaU5e Ihink and ACI differenlty. Wilh fhe coniiNed inlegiity. en8rgyand c(wnttilmEnt of oufstaff and support and chall6n9è of portne1$Ill continuè Challenge and ensure our¥oicp hezrd Matprial pension liabtlities The chaiityha¥ numatell Itres.l areona Mon&ywrchaBg [rth9[]hon4 $alaryl bas. ¢onsequenUy. Ihue is no lderfU1n9 Iiaknlfftrf. Plans For the Future Svmffl•ryolplfftrts lorthe trts$te•s'p•wt[vQ of thfyfuturp dlr•rtlort of th• chwlty. The charity iSworking W1h Ihe fundÈt Impè$ io Tefine and irnwovo jtsjtnpact tsvei the nexttw&fve Thp netwoth ol Parf[r rgèTh&tknThS expected to gi¢ ahd 8UPPOrt mleyoung p?18. Th£tCharIty1k11Otsk Al difffrrentways of rneasurg rt5 impact gndwllwort In more d6pthlUI Ihose IhBI nee SUPPOrtlh most. The chantylmS1treXplO1fr Intemqllonal parttLershlp6 ondlhe incioase ol advacacy. This an èx¢iling lim8forEmwrp Flghtlng Chanc8 As a ch¥ity. we sland and a1yS have be¢aus think ond acldKferÈnlly. Wlth the caDlinuEd inleprty, eneigyand comrnllrnenl of Qui slafl8nd supptrt and challenge ol partoerswlll conlinupltseh8llenge en5UlQ QUI VCE he5td. A8 skled Bbove. thechatity Is Inad¥Anced lalhs3bwltsYelown9 &Sell01d slle, 10provO Improved lÈcililigs so Ihallteèn re2¢h laT morg of lis aeimces and house Ihpm ils stafi in a mDie èpwOprie nviramèni lo gthi&ve Itsoti8BtIv85. 10
Emplre Flghtlng Chance Company Rwslralion NutnbEt- 08752389 Trustees. Annual Report for the year ended 31 October 2023 Detalls of The Auditor Day RDndd SEt1 FCCA ernberofThe As50cialiyn Dr Ch8rtOfed CertIfAcEunI0s Hlllcrést W881 L510rd Sofftgrton SoThLsrg81 TAfl fQS Statement as to dlsclosure of Inform8tlon to audltors The Irustses stale Ihal so far a$ eath of Ihè trusts&s al IhB Ilme Ihis report wag gpproved arB aware.. al There Is no relevanl oudit infoimglK)n las defined by &eGtion 418131 ol Ihe ComwaniesAGI 20) ol whkh tho audllor8 are un8ware. and bl The Iruslees have laken all slep5 Ihal Ihoy oughl lo havo taken lo makE Ihemtsefves aware ol ally relevgnt audil inlormaliDn and establish that Ihe audilgrs are awarp of that information. Thig reporiwas approve6 by the i¥Jard of ItU6tees oll 26 Juty 2024. N8Tne... Tru$lÈe
Empire Fightlng Chance CDtnpahyRegL4lFation Number- OBT52309 Trustèes, Annual Report for the year ended 31 October 2023 Empire Flghting Chanco (copanY number 08752389) statement of the Dlrectors, and TTUSteÈs' Respon5ibllitie5 The charity's Iru$l¥ÈS are iesponsible lor Ihp prèparAllon of Ihe acGounis In pcwrdanee vth the lÈim9 of the Comp8nl8s Act 20D6. the Ch[195 A 2011 and the Charilles IA¢¢ounl3 and Reports) Regulations 2008. NtstrMlh3t8nding the exp5icll re4uiremenl in Ihe exianl slalulory regul4lions.lhe Charilies (Accounts and Repottsl Regulalv)ns 2008. to prepare Ihe fin8n¢l81 St81gmeniS sn accordance with th8 SQRP 2005, in Vwof the fact that the SORP 2005 ha3 been ythdraWn, the Tru¥lees deiertnIrd lo inlerpral this respon5ilx7fy as rellulring them lo follow currenl best ptaclKe and prepar8 the accounis $c¢ording lo Ih8 FRS 102 SORP [Stemen1 of Recomrnend2d PraclicB for A¢¢¢unling and RepDrting by Chariliesl 2019, appli¢abk lo all a¢¢ounlhg perii>ds beginning or after 1&tJanuary 20191. (The SORPI. In parficular. the Ccprnpanies Act 2008 and ¢hority law require th6 Board of Trustees lo prepare financial Blalgm£nts lor each financial year whlth give a true and fair view ol Ihe $18le ol affairs of the charity as al the end of Ibe financial year and of the gurplus ordeficil of the charity In prepanno Ih05e financial stawrtnts the Bogrd is required lo:. - lo prepBre th• ac¢ounls in AccordRncewith UnilÈd Kingdom Cener31ty A¢¢ÈplÈd Accounting PraGlice (Uniled knngdom AccDunliny Slandardg and applicable lawl. sele¢1 sultable accounling polici8s and $pp1y them Gonsistsnlty-. rrigk&judoements eslimalF8 Ihal are iea50nable aTrS prudent.. prepare Ihe fInaThal slalemenlg on Ihe goinu concern bas unle95 inBppropriaie lo presurne Ihal Ihe ¢haritywll continue In bu$ines$', stale whelhBr applicable accountlng slafjdard$ and slalements of reGommBnded praclKe hav8 been folh)wed, subj.ecl lo Bny matsrl departures disd059d >>1The In the finanGlal stattrm•nts', The law require8 that Ihtr liusieas mu8t nol appmvo th& accounts unless they are 5alisfied Ihal they give a Irue and falr viewof the glBte of affalrs of ¢harity and of the suiplus ordofidl of the tharify for Ihe year. The Trustees are a180 responsible for malnlBining adequate accounllng records whlth disclose with roa$ondble accuracy at any lime Ihe financHI po81( of Ihfr ¢haritygnd which arè suffi¢nt lo shDW explain Ihe charivs Iransadions and enable them lo en$uie Ihal Ihe finanGia1 sl8t8mefils cvmply vilh Ihe Companies Act 2006 and comply with rpyulaliDn$ made underlhe CharitiesAcl. They are also responsib19 lor salaguarding Ihe B5sels of Ihe ¢harity and he for lèking reasonable slep$ lor the prevenllDn and detection ol tsud and othèr IrrEgulxrilles. The Tru51ees ale al¥0 respon5ibl8 forthe ¢onlenl8 of the Trustees, repDrt. and the slatulory responsibility Dfihe audllor in l8110n lothe Tiuslees. port is limited lo examlnlng Ihe r8POrt and trnsuring Ihal, Ihe repori 5$ Con81en11h the fiyur05 di5dod in Ihe financial slalement¥.
Etnplre Flghting Chante CompAnyRggi8tration Nth)*er- 08752389 Trustees. Annual R8POrt for the year ended 31 October 2023 Émpirè Flghllng ¢hanE• IGDmpAny nvmber08Y623eg1 3lalomBnt of IhB Dlveclor6' and TTUSteES' Reoponslblltties Icontlnuèdl Method of preparatlort of account5- Srnall company provi51ons The financial 51a18ments are sel outon page5 18 to 48. The fuianclal slalemenls have been pr¢pAred implementing the FRS 102 SORP (Slalement of Recommended Practice for Accounllng and Reporbng by Chaiiliesl 2019. applicable lo all a¢¢wnling periods beginning on or after 1st January 20191. IThe SORPI. and in a¢idance vAlh th¥ Financial RepoFiiry Standard 102. leffective 1s1 January 20161 Th8sp finan01 sialemenls hav$ been prepar1 In a¢¢ordance 1th Ihe PwVIOn5 in Part 15 of I compa$ Acl 2008 &pplicaNe lo companie5 5ubj8cl lo Ihe small CoMnieS regime. Thls reportwds approved by the bDaid of IrtBteB9 on 26 July 2024. Trustee 13
Empire Fightlng Chance Independent Auditor$' Report to the Trustees of the charltable company on thè accounts for the year ended 31 October 2023 Introductlon We hove audilpd financi31 slaletnents of Empire Fightin9 Chance for the year ended 31 October 2023, as set out on page5 18 10 48, which ¢ompi15e the Statement of Financial Act1vilies, the Income and Expenditure Account. Iht Slalemenl Dr Rpcognised Gains and Losses. Ihe Balance Sheet and the related noleg lo the financial slalemenls, including B summary of sigDilicanl accounting policie5. In our opinion, the accompanying financial statem8nls of Ihe charitable company are prepaied, In all malenal respects, In accordance wilh the Compan$ Act 2006 and with charily law applicabb within Ihejuri5di¢lion of ErwJland & Wales and, in particular, the accoun18 have been prepared in accordance with FRS 102 SORP Islatem8nl of Recomfnended Praclice forAccounling and Reportlng by Charities) 2019. aPIcable lo &ll accounting periods beginning on or after 1st Janvary 20191, (The SORPI. publrshed by Ihe Charity Commlssion in England & wa ICCEWI under Ihe historica1 cosl convention, and in aCCoance with the accounling policitg sel out on pjge 27, which framework conslllutès th8 applicab United Kingdom Gen8ially Accepled Accounting Practice. Llmltatlon of liablllty Thi8 report is made sol&ly to the Tru5teeG olthe chaiil8Ne company, as a body, in acror(lance Mlh the requirements of Section 154 01 the Ch8rille5 AGI 2011 (The Acll. Ourwork ha8 been undertgken so Ihal we might Btsl8 to the Truslee5 those matters we are required lo slate lo them in an AuditOl'8 Report and for no olhfrr purpose. To the fullest exteTrl pemted bylaw, we do not atcepl or assume li8bilily or responslbility lo anyone other than the Twslees as 8 body. for ourwork, for Ihis report or foi the trpinions we have f(Jtrned. Basis for our opinion We have bEen appointed as gudilors under Section 144121 ofTh8 Ch8rille5 Act 2011 and r8POrt in accordance wlh regulalion5 madè under section 154 of Ihat Act. W6 wnducled our audit In accordance wlh Int8fnalional Standards on Auditing IISAS-UKI. Issued by the Financhl RepurtiThJ Council. and applicable law. our responsibilities undBr those standards are further de5crlbed in the Auditors. Reyponsibililies fDf the Audit of the Financial Slatemenly seGllon of trur r8POrt. We ar9 ifidependenl of the Gharllabl8 company in accordanc8 wlh the elhical requlremenls Ih¥l are relevant lo our audit of the financial staleTnents In England & Wales. and we have fulfilled our olh8r ethical re5ponsibililies in accordance with these requiremènts. W8 believe IhBI thè audit evidence we have Dbl8ined 15 Sufflent and appropriate lo provide a b88k8 for our opinion. R8sponslblllt19s of Management arkd Those Charyed with GDver*ant8 for the FiThdnclal Statsments Ag described on page 12, you, the Charitable company's Trusleps, who ar8 also Ihe Directors Df th¥ Company for Ihe purpos83 of Cornpany law, are re5ponsibl8 for the preparation of the financial slalemenls in accordance wlh Ihe Comp&n18s Act 2006. the Charities AGI 2011 and all other applicable law and wilh Uniled Kingdom G8nerally Accepted A¢¢ounling PraGtic8, applicable lo $mallBr8nlllie5, and for being sati&ll8d Ihal the lingllcial Élal&m8nls give a Irutr and fairvlew. The Truslees.whD are charged wrth gov&mance, are reyponsible fer overseeing Ihe chariiabl& company'5 finanual roporting preSs. Managemenl 15 respDnsible for Ihe prepaTalTron of the lin8Trcial slatetnenls In accord8DC8 wlh Charity law of th jurisdiction of England & Wal8s and lor such Inl8rnal control as man3getnenl determines is TreG8ssary to enable Ihe preparation of financial slateThnls that are free fri)m material misslaletnenl, wh8lher due lo fraud or 8rror. In PIBparlng the financial slatetn8nls, rnanagemenl Is responsible for assessing the charitable CDtnpany's ability to continue as a going concern, diSC$1ng, a8 applicable. matter8 felaled 10 going ctsn¢ern and using the goiny concern basis ofaccounting unless management either inl&nds lo liquidgle the ch8rilaNe coTYpaDy orto cease oper81ions, or has no real11C 811einalive bul to do so. 14
Emplro Fighting Chance Ernpire Fightlng Chancè Independènt Audltors. Report to the Trustees of the chèrltabla company Dn thè accounts for th8 year ended 31 October 2D23 IconlinuÈdl Our oblÈclives are to obtain reasanable assuranca aboulwhElher the financial slalements as a whole 8rg free from maleFial mi5slalement. whether due lo fraud or eiror. and lo Issue an audllor's report that include& our opinion. Re850nBble assurance is a highlevel of a55uranEe, bul 15 not a guarantee that an audit conducted In accoidance wrfh ISAg-UKwill always delecl a material misslattmenl when R exists. misslalemen18 can èrise fiom fraud or error and are considered materia1 if. Individually or in the tgoreg8te, they could re89onably be expected to Influ&nce the eGDnornic declsk>n8 of users taken on the basis of th8$e financial 5talemenls. Our responsibility lo audlt and expie5s an opinion on the financi81 slalernenls in accordance with leVantIegaT and regulatory requirements and ISAS-UK. Those standards réquire us to cotnply wilh the Ethical Standards for Audilor5 publish&d by tho Financial Reporting Council and lo'.- Identify and asseys the risks of material mlsslalement of the linancial statements. whether dué lo fraud or error, to design and perform aud11 procedures responsive to those risks and lo oblaln audil evbdence thal is sufficient and appropAal8 lo provide a basis for our opinion., To oblain understanding Df inlemal contrd rdevant lo the audit In order to deyign audit procedures that are 8ppropriale for Ihe circumstsnces. bul nol for the purpose ol expressing an opinion of the trfleclivenes5 of the To evaluate tht approprialeness of accounting polici8S Used and th8 reasonablelless of accounting èÉUmaloS and r61aled disclo3urBS made by th* charity.. To conclude Dn thè appropriateness of the charlly's use of the gDing concern basis Df accounliD9 and, based o th6 audit evidence obtsined. wheth&r a material unc8rtalnty exists related lo events or conditions Ihal may cast sPJnificanl doubt Dn th& charity'5 abllity lo conlinue as a going concem., To 8v81uste the overall wesentallon, structure and conlenl of the f nancial statements. Including the diBdosure8, Bnd wh¥lher the fillanci81 slalements r&present the undertylng IrgnsaclkJns and events in a mannerthat athieves a falr pre5erttalion. We are required lo report to Ihe Trusle&s our opinlon as lo whether thè financial $laletnen15 give a tFue and fair view and have been properly prepsred in acGDrdance wlh United Kingdoln Gen&r8lly Aepted Accounling Practice and the Charblies (Accounts and Reports) Regulations 2008. We are also required to report lo you If. In our onion, the Trustees, Annual Réport is m9terially ineon8iSteDI with the finanrial statements, ifihe charitable company has not k8pI adequate accounting record5. If th8 Charilable company s financial 318tetDellts are nol in agTeetllènt with the accounting records and returns. or if wtr have not received all the informalion and 8xplanalions we iequire for pur audll, or rf infolmalion specified by IBW regarding Trustees, remuneialion and transact$ wilh the charitable compBny18 not disclosed. In addition, we read 911 the financial nDn-financi81 iDformalioTr in the TfU51e88' Annuel Report lo hlentify materf81 incon5151encl8s wilh the audited Iinanci81 slaletnenls and to id8nlify any infortnation Ihgl is appaienlly maleriglly incorrect based on, or Tn818rially In¢onsislenl with, the knosvledge acquireil by us in Ihe wvr5e of p8rfoiming the audit. If we becomtr aware ofBny èpparenl mBl8rial misstgletnentÈ or incon5iStencies we considerlhe Imp1icBlions for our Teport. We conducled our audit in acGDrd8nce wlh ISAS-UK and in Hccordance vilh the Praclice Note, Thè Audit of Charilies1n the Unit8d Klngdotn, r8vised in March 2012. 15
Empire Fighting Chance Emplr8 Fighting Chance Indopendent AudStors' Report to the Trustees of the charltable company on the accounts for th8 year ended 31 October 2023 IcDntlnuedl We are required to plan and perform our audlt so as lo me81 the abDV¥ re9uYements and to Dblain all the information and èxplanations which wv consider necessary in order lo provide us with sufficient trvidenc2 lo give re&sonable assuranc8 that Ihe financial slatetnents are free from material tnis8lalemenl. whelhei caused by fraud or other irregularily or error. In tha course of our audit, we communicate with those charged with governance regarding, omDng other mattws, thè planned scope and timing of the audlt and siqnilicanl audit findings, induding any significant deficltrnaes In internal conlrcl that wp idèntify during the 8udil. Ellglbllty of audltor and statu5 of audit We confirm that w8 are eligib under section 144121 of the Charilie5 Act 2011 to conducl this and that this report is a report in respBcl of an audrt carried out under the Act and In accordanc8 wilh Ihe Felaled reyulation5. We conlirrn that the charitable Gompany is exPt rrom audk under Part 16 of the Cornpanies Act 2006, Attention Is drawn lo the accounting policy slating that, notwithstanding Ihe explicit requirement in Ihe exlanl sl8lutory regulaliong. th8 Charities (Accounts and Reports) Regulatn$ 2008, to prepar& the financial slat8m8nts in 8¢coidance Mlh the SORP 2005, in vpw of the fact that the SORP 2005 has been wilhdrawn. and in order ID accord with current best practice, the Trustees have determined lo prepa the finaJci31 slkl&m8nls ID aGcordanc? with the FRS 102 SORP Islatetnènt of Recomtnended Prac11 for AccoLJllting and Reportin9 by Chariliesl 2019. applicable to all aCCDunling periods beginnino on or arter Isl January 20191, (The SOFIPI, We concur with th15 approach, and réfer8nces in our reporf lo the regulatn8 should be read subject lo this cotntnent. Opinlon on the FinaNclal Statements ln our Opinion, the Èccompanwng charilabie comp8nVs financial stalemenls.. Give a true gnd fair view of the slate of affairs of thè charitable company as at 31 October2023 and of its IncDme and Expenditure for the financial year then ended and, in particular. the financi81 slatetnents have been properly prepared, in all materi81 respectB, in accordance wilh Unilgd Kingdom Generally Accepted Accounlino Practic8 applicabb lo enlilies of ils size and have been properly prep8red in auordance with the requirerrEnt5 01 Ihe Charities Acl 2011. and hav8 be8n prepared in a¢¢ordance wth the requirtmenls of Section 3 of the Companies Act 2Q06.' gnd and have been prapared in aGGordan¢e wilh the melhods and prinaples required by the FRS102 Staltment of R0Mmended Praclice for Accounting 8nd Reporting issued by the Charily Cornmission in England & Wales ICCEWI, effective January 2015 (The SORPI, and Ihose melhDds and PrinpIeS have been followed. 16
Empire Fighting Chan¢È Emplro Fighting Chance ld&pendent Audltors. Report tts th8 Tru5teEs of the chaTltable company on th& accounts lor tho year ended 31 October 2023 Icontlnuedl Matters upon whlch wo are requlred to report by exception We have nothing lo report in respect of the followlno matters wh8r& the requires US to report lo you, if in our opinion.. the charitable company h88 not kept adequate 9Gcounting records., or the finandal stslement5 are not i 4greem&ntwith the accounting records aThJ retum5'. or informal. diyrlosé speGifiBd by I reu rding TtUgte8s' remuner8In and Iransaclians vAlh the charily Is not I rectrpied al he Inf rmatbn and Éxplanalion5wa require far our audbl. ilavl Ronald SlogBgtt FCCA For on bèhalt of Sloggèlts Lknllgd- R•glsterod AudltOTS Chartered C8rtlfied Accountants West Lydford Somorton Somerset TA116DS This POrt IYdS Sl9n8d on 26 July 2024 17
Emplre Fighting Chance - Statement of Financial Actlvities for the year ended 31 October 2023 Slaternent of Financial Activitie5 (Including th8 Income and Expendlture Account for the year ended 31 October 2023. a5 rèqulred by thè Companies Act 2006) PrlDrYear Totsl Fund& SORP R¢f Current year Ufir*&trlct•d Fund& Curruntyear Totsl Fnd¥ Restilcted Fund8 2023 202J 2023 2022 Income & Enduwffltrnls from.. Donations & LB9a¢iès Chaiiiabb ¥twilie5 A1 A2 532,157 232.852 B72.212 1.404,369 232,852 98Y,022 182,923 Total Income 76S,009 872,212 1,637,221 1,16g.H4S Expenditure on.. 81 6,433 e19,487 6,300 845,3tlO 12,733 1.484,827 22.226 1.127.trJ7 Ch8rttab1e adlvSUes Total exppndlturA 625,g2Q 851.640 1.477,560 Net in¢omo for the year 139.089 20,572 159.661 20,682 Net Income afttr transfer 139.089 20,572 159.661 20,682 Not movement Itk funds 139,089 20,572 159.661 20.6B2 Reconciliatltrn olfunds'.- Total fund5 brDught forward 612.012 9D.905 702,917 682.235 Total funds ¢arrl4d forwaTd 751,1Ql 111,477 862,578 702.917 The'SORP Ref Indicated llbovp l¥ the CSsl¢aln ofincomp Sel out In the formal SORP dooumenls. A¥ required by paragraph 4.60 of IhB SORP. the b>hI forward aj carrd IDTward funds abov8 have boen ggreed to IhB Bdan ShB91. All activitie8 derN8 from conlinulng operations Th8 riotes attached on pages 27 to 4B form an Integral part of those accounts. 18
Empire Flghting Chance - Staternent of Financial Activities for the year ended 31 October 2023 Empire Fighting Chanee Analysls of prior yaar total funds, as required by paragraph 4.2 ofthe SORP prtof Y•ar PrfoFYear Unrèstrlct•d Funds RostdBted Funds Total Funds Z022 2022 2022 Incomo & Endowmant8 Irom.. DLatIonS & Legaci85 Ch&ritAble activities other IrAding aclfvilifrs Investmen1$ Olhar A1 456.992 1B2.923 530,030 gB7,022 482,923 A3 A4 AS Totsl Incomg 639.915 530.030 1,169,946 ExpÈnditure on.. Raising fund$ Charrfabk octiviti88 Other Tax on Sufplus on oiijinary AclDIit 83 OlherlaxallDn B3 22.226 617,107 22,226 1.127.OJ7 B2 83 509,930 Total exp8ndlture 639.333 509.930 1,149,263 Net 98lns on inveslmen15 B4 Net Income IL>r the year 582 20.1 20.682 TTan$fers betWa8n funds Not Incom8 afteTtran5for6 582 20.100 2Q,602 Net movtrmont In furbds 582 20.100 20,6B2 Reconclltatlon of funds=. Total funds brought ron¥ard 609,93S 72.200 682.236 Total lund3 cathed forward 610,517 92,400 7D2,917 All actlvltles derlve from contlnuing operatlon5 A Stslemenl of Total Récogn15ed Galns and Losses is InGILKled in Ih8¥B a¢¢ounts as è separate primary *alèmenl Thé notes attached on pages 27 to 48 form an Integral part of the88 aGGounts. 19
Empire Fighting Chance - Statement of Financial Actlvities for the year ended 31 October 2023 Emplre Fighting Chance Statement of Total Recognlsed Galns and Losse$ lor the yoar endod 31 October 2023 2023 2022 Surplu8 for the yoar=. Nel Bx¢egs of inGome overexpendilure from operation¥ before lax Re&lised galn$ on digPOgd6 of s(tl81 Investfflenl$ thlch are programNE relate 159.661 20.682 Incom8 from operalions before taxln Ihe Stelamgnt olFlnRnclalAcllvl#s 1S9,661 20,682 Ntrt Movement In funds beforg taxatlon 159,661 ZD,6B2 Fund8 generaled in tho yegraB shown on Statpm8nt of Flnanclal A¢tlvlfjgS 159,661 20.682 Thg notes attach8d on pages 27 to 48 form an integral part of these accounts. Empire Fightlng Chance- Resources applied in thè year ended 31 October 2023 towards fixed assets for Charlty use-. 2023 2022 Ra9OU5 applled on functn81 fLMed assets Net resources available to fund charitable activities 11,5601 111,1401 The r050ur¢ès applEd on fix a5selsfor Gh4rity us8 r8pre$8nts the cost of Jdllons bgs Pce8$ Df any di5PD8al$. Tho notes attached on pages 27 to 48 fomi an Integral part of these accounts. 2D
Empire Flghtlng Chance - Statement of Financlal Activities for the year ended 31 October 2023 Emplre Fighting Chance Movements in revenue and capital funds for the ye8r ènded 31 Octobar 2023 Revenue ac¢umul8ted fund$ Vnrt&lrfcted Funds R•Blrictod Fundg Total Lastyear Total Funds 2022 23 2023 2023 Accumulated fund5 broughtfonNard Recognised gains and losses b8fore Iran8fer$ Closinll rwenvelunds 612.012 90.905 702.917 682.235 139,069 751,101 20,572 111,477 159,681 862,576 20.682 702,917 summary of funds UnTe¥lrl¢t*d Rpstrf¢lgd Funds Totsl Fund• LJ8tYeBy and Total Fund$ Do8ignBted fund8 2023 2023 202J 2022 Rtrvenue Occumule funds 751,101 111,477 862,578 702,917 Thg notes attached on pages 27 to 4B form an integral part of these account5. 21
Emplre Fightlng Chance - Statement of Financlal Activltles for the year ended 31 October 2023 Empire Fightlng Chanca Income and Expgnditure Account for the y8ar ended 31 October 2023 as required by th8 Companies Act 2006 2023 2022 Incomo InGomE Irom operaucns 1,637.221 1,169,945 Inve51meTht iD¢ome GT05s Incomo In the year bofarè exceptional Itern 1,637,221 1,IB9.940 Gros3 inGom¢ In the ytar Inclvdlng ox¢8ptlonal Items 1,637.221 1,189,945 Expendlttsj h8ritabl& expèndllurg, px¢luding depreualhn amortk83ti0 DeplatIOn and amorbsab'on Fundraising ¢DsIs Governance costs Realised108se5 on disposè of SO1 inveslments which are prollramme rdatsd 1,437,090 7,161 12,733 20,576 1,102.844 9,156 22.226 15,037 Total expendltLEre thÈ year 1.477,560 1,149.3 Net incomfy before tax ITh the financlal year 158,661 20,682 Taxon Jrplu5 on urdinary BGliviUeg Not Income after t•x In the financlal year 159,661 2¢1.682 Retalned 8urplu$ for the flnanclal year 159,661 20,582 All aGINlties derNÈ from continuing operations In accordance 1th thè provisions of the C(xnpan¥ Act 2006, the headings and subheadings used in Ihe1ncDme and Expendllure account have been adapled lo refiecl the special nalure of charlty's 8ctsviiies. Tho notes attached on pages 27 to 4B form an Integral part of these accounts. 22
Empire Fightlng Chance- Balance Sheet as at 31 October 2023 SORP Note Ror 2023 2022 Fixed assets Tangible assets 11 A2 22,782 28,383 Current assets Debtors ash at bank and In hand 12 82 237.697 1,571,343 305,102 1,249.874 B4 Total current a858ts 1.809,040 1,554,976 Creditors.. omounts falling due within one y8ar 13 C1 1969.2441 1880,4421 N8t cUTnt as5et5 839,796 674.534 Th8 total net ass&ts of the charity 862.$78 702.917 The tolal ngt assets of the charlty are funded by the funds of the charity, a$ follow5-. Restricted fund5 RestriGled Revenue Funds 19 D2 111,477 90,905 111,477 90,905 UnTeStTloted Funds Unreslricled Revenue Fund8 19 D3 751,101 612,012 751,101 612,012 Designated Funds Totsl charity fund8 862,578 702,917 23
Empire Fighting Chan¢e - Balance Sheet as at 31 October 2023 The'SORP Ref indicated abov8 is the classif8110 of Balance Sheet items as SEI out in the foimal SORP dDcumenls. A5 requlred by paragraph 4.60 of Ihe SORP, Ihe brought forwHrd and carried foEward funds above have been agr2ed lo the SOFA.. The dir8clors 3re satisfied that the Gompany is enliued to 8xemplion from IhE requirement lo oblain an audit under seclkon 477 of the Companies Acl 2006. The member has not requirB(J lh8 Cotnpany to obtaln an audit in accordance wlh Section 476 of the A¢1. ThÈ dir8clor5 acknowledge their respDnsibilities for complying with the qUIrementS of the CompanSes Act 2006 wlth respect to accounting rÈcords and the preparation of 8CQOUllts. The charity is SU@cl lo audlt under charity legislation. and tho report of tho Chari118s Act auditor is on page 17. Th8 finanrlal statefflents have been prepared in accordanc8 With the provislon5 in Part 15 of the Companies Act 2006. applicabb lo companies subject to thé small compani88 regitn2. Name Trustee Approved by the board of trustees on 26 July 2024 Yhe note$ attached on page5 27 to 48 form an integral part of these accDunt$. 24
Emplre Fighting Chance Cash Flow Stat9ment for the year ended 31 October 2023 2023 2022 Cash flows from operating activlties Net cash provided by opErating activities as shown below 323.029 348.089 ash flows from Investlng activltles Purchase of property. planl and equipment 11.5601 Cash flows from financing actlvities Nel provid8d by financing 8cliwlies Ovèrall cash provlded by all 8Ctlvltles A+B+ 321,469 336,949 Cash movements ChangÈ in cash and rash 8quiva1en15 frtim aelivilies in the year end8d 31 OBlob2r 2023 321.470 336.949 Cash and cash equlvalenls at 1 November 2022 1,249,873 912,925 Change in sash and cash equfvalenls due to exchanoe rate movemènts Cash at bank and in hand less overdrafts at 31 October 1,571,343 1,249,874 25
Empire Fighting Chancè Cash Flow Statement for the year ended 31 October 2023 Reconciliation of net income to net cash flow from operating activititr$ 2023 2022 Nel income a5 shown in the Statement of Flnancial Activities 159,661 20,682 Adjustmenls for-. Depreciation chargès Write downs of inve51tnenls Nel unieali8ed lossès on inv88tment assets DeG8$¥ in d8blors Increase in credllors. 8xcluding 108ns 7,161 9,156 67.405 88.802 1295,1571 S13,408 Nèt eash provided by operatlng activitie5 323,029 348,OB9 Analy515 of cash and cash equlvalents 2023 2022 Cash in hand at for the yoar ended 31 OGttsb&r 2023 Nolic? dÈposits- Ile8s than 3 months) 1,571,343 1,249.874 Total cash and cash equivalents 1,571,343 1.249.874 Analysls of change In nèt dobt At strrt o$lJ Flows 321.469 At end of year 1.571,343 of year 1,249,874 Cash Total 1,249.874 321,469 1,571,343 26
Empire Fighting Chance Notes to tho Accounts for the year ended 31 October 2023 1 Accounting policies Pollcles rolatln9 to thè productlon olthe accounts. B¥¥ls of pYep&ralloT• and accountlng ¢Dnvèntlon The accoun15 hav& b88n piepared on accTua15 basis. undBr Ihe hi51orkal cost convenlioll, and in aordanCE K%Nth Ihe Financial RppDrfng SiAnitard 102, lerfeciiye 151 January 201SI and'FRS 102 SORP ISlatoTnBnl ol Re[nended Pracllcg forAceounbng and RgpDrting by Chares)?019, appllcable lo all accoufilSDu p81SDds beglnn1ng on or after 1st January 20191. (The SORPI. published by thè Charity comm610 in Eng13nd & Walès ICCEWI. and in accordance wilh all appliGable law Ihe tharllv5jurisdicbon of regislralion, excBpl Ihal the tharty has prepared thg Ilnaficbl slalemenls in accoid3n¢evAlh Ihe FRS 1D2 SOFIP Islatemenl of Recommended PraGlice loiA¢oKunlino 8nd Reporting by Chariliesl 2019, applicable lo all accLwnling periods beulnnlng on or after 151 January20191. (The SORPI, In prgferencb lo PTevlous SORP. Ihg SORP 2005, Vdhich has beenwithdiawD. Dobyilhslandinu the fact Ihal ihe extant stslutory regulBbon5, the Chariligs (Accounts and Reports) Regulalv)ns 2008 IafarexICl1IYlo the SORP 2005. Thi8 has been done lo arLord wtth current bèst practiGe. GDing CotyttÈtn ThB tharilable adiviiies are enbrelydepBndenl on eonbnuing grant and voluntary doMlion3 8swell as IrAding nues. As a consequence, IhÈ goiro conrn ba515 is dependent OD the Ivture flow of these uncertain funding streams. knordingly, thè Truglees have obtained forecasts and. ofter reviewing the financial forerasls for fulure Periods 10 31 July 2025, tho Trustsès are sails1 that, al Ilmè of approviw the financial slalem9nts. il Is appropnale lo adopt the golng concern basiB in preparing Ih¢fln3ncl31 stAtsmen15. Otherlhan Ihqs8 maitèrs. Tru5teeB Bie not 3ware of m8terFal unL¥rtainites 8bwllhe charity's abilityto Gonlints8 as ¥ gdno concern. Rl8kB And futuro assuMptlD115 The charty Is a public benBlil enlity. Policlgs relating to C8t8gori8s olincoffle andlncome recognition. Natura ofin¢ome Intame arisesfrom gr1¥ &nd donaliong given lor tharltable acuvi05. C4tggori•s tsf Incomè Incomo is r8legorksed as incoffle from ex¢h•nge Ir8n98cbon9 Icontractincomel and In¢(Ane fiDm noeXchange Iransaclions Igiflsl, i[ps]t Irh¢ome and Dlher incom8. IDcotng from exchange transactions 13 re¢1vèd by the chaiily forgd$ or 8eTvKes supplied under conlr&Gt orwhere enlilleTTrenl is sublecl iofuifilling perfoitnarKe relaled dillOnS. Tlie income Ihe Gharity TeEeives Is £pproxim&lely equal in value to Ihe 9ood& or seIce5 suppliÈd by the charity lo the puithaser. Income from a non4xchange transaction iswhere Ihe charity rettrie5 value from the donor wKhoul providing equa1 valug in exchangB. and includes donalionsvf money, goods services freely 9iveTrwlhoul equal walue in AGhatbge. 27
Empire Fighting Chance Notes to the Accounts for the yaar onded 31 Octob•r 2023 IncoTne rgcognltltsn Income, ¥¥helher IrotTr Qhanue or non wAchange 118nsactions, is re¢ognised in Ihe slalem¢nl of financial actwili9 ISOFAI on a re¢eivsbKg basL4. when a Irallsaclion or olheT evpDI rp$ult3 in increase In Ihe charity's a6sels Dr a reduclion in ils liab11118 and 0Y the charity has legal enlillemenl. the incomB is probable and can bo meagwed reliably. Irbcome received whith branches acT055 Iwo Ilnancial period6 isdeleired 8 slraiohl line basis f¢r Ihe 18tm ol Ihe granl Ihal relales lo th8 fDll¢wing finanal per1. Income subject lo lerms and condition3 ythich mu81 be mel b8fow the Chary]5 enliuod lo the resource5 is nol 1gcogn16ed unlll Ihe conditions bpBn met. AII is ACGoun19d for gr(&98, balore deductlw any related feesoi co3b. Accountlnu for Llfjferred Incomo and In¢ome re¢èivgd In #dvanco Whèrè krms and condilions relaling lo income have r1 been meloi tsn¢ertAinty 8XiSts a$ 10 wwher the charity can meet anylgrtns orcundiuons OtheNAse wlhin its conirol, incornq 18 not recognisad bulls deterred as a liabllity unbi il 19 probable Ihallho lem19 or conditions Imposed Gan be rnel. Any yranl Ihal is 5ubjecl lo pèrfDrmAnce-related wndilions received advance of deliveiing the goods and Sep& rè4Uifed by Ihalcondilion, or is subjeGt to uDmel condiiiorns wtholly oul$ide the Gonlrol ol the recipientchadty, is accounted for as a liabilily shown on the balance sheol as erTed income. D¢lerred incomg is releastd lo Intome in the reporting pèriod Inwhith Ihfj pèrform8nce-relai8d or other cor105 Ihal Iimil reco9nition are mel. When Incoffle Irorn a grAThI or donation ha¥ not been reGognrsed duelo Gondition$ ¥pplwng to the yift nvt b4 wholly wlhin thè conlrol ol the reripienl ch£rty. il 15 disclosed as a conliwenl a$8el bf receipt of the granloi donalianls piobabltr oD¢e those cJJndllbns ayè m81. Where iimtr related conditions are Imp09ed cr imjied by8 lunder, th¢ 18 Apportnd lo thb Ilme perk C0n¢Èrd.3nd. where app1#ble, is accounlod lorE3 8 liabilityand shown on the balanc8 sheet as deferred incomg. When grants ar? iecoiv8d In advance of th8 expenditure on the adr¢ityfunded by them. bul there Are no SPEcrfi¢ knm& ieloled condllv)n$. Ihen th& It>8 is ntsldeferred. Any eondilion that allows lor the iecovery by Ihe donor of any unèxpènded part of a QTanl does nol pi8venl r8cognlUon of the income cpDcerned, bul a Ilabiltylo any repayrnonl 18 CognIsed repayment become5 probabk. Donated good&, fwrllltles &nd Bervlce Donated fixed are recogni¥ed allhe current falrvalua. All SLKh donatiQn6 aré iacognised as donation Income. and detrAled tofixed a$sels.
Empire Fighting Chance Notes to the Accounts for the year ended 31 October 2023 Donated goods that aro notfixèd asse15 are accounlpd foi al s Ir value, unSS il Is irnpraciiLxI lo ieliaUympa5ufe evalue of the donated 51ems. In the ab6pnre of Enyd¥ect evKlence olfairvalue Df danaled yoods. then a value is dBrived from the ¢o$l of the Item to th? dontsi or, in thè case of goods Ihal are Bxpecled lo be sold. the estimated re3alevalue after dedutling any anlicipaled c05t& of Bale5. If impracticabl8 ID mea$ure the faiT V31ue olgood5 donated lar res6. or the cosis ol walualion ouhvgigh Ihe b8nefil¥, donated yoods are recognised as Sn¢ome when sord. wlh an e4ulvalonl amount bèlng rttognised a5 an expen. Tha c0515 ol goods donatgd fDr dislribulion lo beneficiaries isdeetnfjd ID bE the fair value of Ihose goods UPDn recdpt. When Ihe goods arttdlstrlbuied freely lOr a fiominal ¢ongAderslion. Ihen Ihe carrying afftDunl 18 adjusled al the lime ol sah, lolhe valw al point of dislribution thè adju5knenl shown as a cosl made Therrry9 arpvJunl of any $lock held lordk5tribuliDn 18 a¥sBs8Ed for impairment al the retM>thng dats. All donated goods are rocognised as donalion income. and debited lo IrÈding slock When Irading stock $ubsequenllys0. or appioprlèd lo mèel an exppn5e, then the ¢arrylng ol Ihe stock IB recognised a¥ aD expBrbse. In accordanhth Ihe SORP. goods donated fof disliibullan lo beneficiaTE5, orfof consLJmplbn by Ihe charilyare included in YegaGNg5 $nddtrn8lions' Goods dDnaled for ro$al& are included In'lncofftg frorn olhgr Irdlng 8cNvilio5' The cost ol any BtOGk ol goDds donated lor dislribubon lo benellrl3ries Ig deemed Lo be ihe f8ir Wdlue ol those gifts al time ol their receipt. If Ihe yoods are lo be dlslribui$d fr$èly or for a nomlnal cons1deralion, then tho ¢arrylng amount is sub8BqUenlly adjusted lo rellectlhelgwer of dèÈmed cost 8djusted for any Ios6 Of seM¢s pobnU81 and r8plac6ménl cost Replacement Gosl is Ihe Ewnomiccosl incurred il IhB L8rtywas ID repla¢e the Service polenliol of the donated goodG al ilsown Fxpenso Ihe most economic manner. Donat9d ¥9fvlc•s and facllllle5 liKlvding ¥e¢onded staff and use rrf propettyl are induded in the attoun15 on Ihe basr6 of the valuo ol the gifLlo the charlty. All donated services and facilities arp len1&e as donation illCne when fc*lwed.Iprovided &VUe ol the grfl (4n be measured relrabbyl and enised as an Expense an equiv¥lenl Vaa. Ptslltles relallng to expendilure ort goods andservlces pmvided to the eh8rlty. Recogriifron of li8bllltlfrs and expondlluTV A liability, and the rel¥led expenditure, recognised when a legal or constructive obligation ex1615 as a règull DI a past event. vthen Il is more likely Ihan not Ihala Ir8n¥fer ol econom benefilB be requir£d in sstt1emenl. aTrd whgn Ihe of Ihe obligation can tneasured or reliablyesbmated.. Liabill&S aris1n9 from luiurg fufidlng commitments and conslrvrlbve oblig3lion3. induding Wormance rel8led grants, where the Ilmlng orlhB srnounl of future expgndilufe ièquiièd io gett the obligation are unc4rtain, glyp lo prlS1on in tho ac¢ounts. which 18 [eed al the 3ccuunling year end. The prov15ion 15 irKieas8d lo refled any increasos Inllabililies. and is deo¥eased by th$ vlillsallon ol any prOvlon Ihg period, and ieversed il any prDvisbn no longer requiied. The¥e mDwemeTh18 are charg orcrediled lo Ihg rBspe¢ffive fuDd98Trd acllwlR6 ID vthi¢h the piovisioTr relates. 29
Empire Fighting Chanco Notes to the Accounts for the year ended 31 October 2023 DiY@cl costs Ihal are 5ppcrfically rB5ated ia èn aclivity are alpxated to that 8clivity. Shared di18¢t ¢oyi$ and 5UPPOrtCOSt8 are apportioned aciivities. The ba¥ls IDraworlionmenl. which 15 con81n11Y applied, and prvpDriiofiats lo the circumBtances, 15:. stafffng- on the basis DI IIMB swnl in connection any pprticular aciivity. Slafflng- on a per Lxpita ba8ls. based on the number of ol p¥ople èmployed ¥thIn any pHrtlubr SclitY. PFemlse8 reLi19d ¢0sts- on the proportion of ffioor ares occupied by a particular 3tllvlty. Non spqclfie support cosls- on Ihe bp¥l3 ol usalle of resovrcos. terms of time taken, c¥patyty used, reque51 made orolher tnpasurss Estlmatlon lechnlques u¥ed In apportioniro cosl8- give detalls Poll¢les relating to a55ets. Ilabllitles andprovislons and oth6rmatt8rs. Tangiblè lixedèssels Tangible ed asspts are mèasured lltlheirorvain41 fjost valua, orsub5equgnl 18valualh)n, or if donated, a¥ descfibed ove. CDSI volue Irrtludes all costs &xpend$d In briwlng the o55el InlD Intènded workin9 conclilion. DeprerAalK>Th has b¢an provlded allhe fdloyéing lates in ordèr lo write off the ass8ts lo e1r aniirApatsd redUal valup Overlhelre81aled useful lives. Phnl ¥nd machinery Motof wehides 25 % Rèduclng ba18n ba$ 25 % R¢duclng balance baE4S A Tegular ¥nnual revlew of likeliFv)Dd of a$$el impairrnenl 18 undBrtakBn. Accountlng tor capltal grant8 4nd Ilxèd asset luThds. Giftsof tswlblè fixed as5eb or ur3n13 01 a capital nature, glv8n forlhe purpose5 of acouiwing swifie assèis lo b8 fully uli118ed in Ihe furtherance of Ihp abjECts of the chaity. are crEdiled lo fixed as5etfund8 afterlhe doNala as8el has beon recVe0 orEUmS hav# bÈen properly expe the reslrlcted purpose. Whprg the terms of the gift ieouSTP th¢ ¢harltyto hold the a5ss1 on ah Ongolng basls for a specific puipDse. then Ihe ri¥ed asslUnd BO created i¥ ¢alegortsed as a restricled fix 0$6è1 fund. And the raovaDI r*girkts"ons Sre noted in the fixed as5el note 11. Where the ierms of the 9irt are mel On me assBI 15 0¢4ulrèd. so gllowing Ihp ¢harify to u$e Ihe asselon an unresliicled ba, in¢lvdirtg Ihe right io receivo the proteèds of any lulure salg ol Ihè asset on an ba51¥, then Ihe fixed 8ssel lund 50 crealed categori$ed a& 8 designated fixgd asset fund. When asaeig are acquired lor IhÈ lurlher8nce of ihe Gharivs objEGls. ulilising the chaTiiI8 Ovdll unre$lri¢ted fund6, a Ivangfer Is mailefrom unrestricted to adesal9d asset fund. Whblher acquired wilh Un19slfed tsr restrided lund5. the a8sel aUlTed is inibally shown IhÈ balanc8 8he8tal th9 A6 Ihè rèlated a53eis are depiedalfjd, In accordancewilh the depr8uallgn poliry,in orderlo Tefflodlhe dimunilion in a$$el.a tran5feiis tnade Iiorn Ihe rè5èvanl fixed as5etfund¥ lo Èllhei unre51ricted or iestrKied iEveNe fund8. as appropiiale to the tsrms of Ihe orlgin81 gift, If any. The effect of IhK% polw ig that the aggTeu&te of all fixed a5sel lunds shall oqJalè to thè nel book value of fixèd assals In Ihe h'rstyeai th4llhi¥ polwwB& adopted, a transler to fL¥ed a8selfund6 was madè equiwdlenl to the nel baaxvalue of the assfls. Any re%dual IHknlity lo the Èrk4in9 from. for exaTnp1e. Ihp a88el's future sale. 8s a conllwpnl liability the Ihal would IrvJger repayment of IhB grant becomes probable in which case a liobiltyfor rtrpawnonl ig re(glsd. Insolar as Ihi3 PDlio ielales lo Government grants arbd lo extenllhol il tnay bB a depatiure fiotn the FRS 102 SORP Istalemenl gf Recommended Praclice Acwunlinu and Reporthg by ch8rllle312019. applicabl8 lo 1 accounting p@fiods beginning on or after 181 January 20191. (The SORPI. suth departure isjusbfied on Ihe basis thal1115 In order lo comply wilh SORP.
Empira Fighting Chance Notes to the Accounts for thè year 9nded 31 October 2023 Debtors Debtor$ aremeasured ai thelr recovef¥l)b3rnounlG allhe b8lBn(sheeldate. Creditors and provislo Credilois aFe measured Bl the atnovnis payably al Ihp balance she81 dale. C8sh and bank balances Cash helij by thè chArrfy is iDclud6d al Ihe amount aciually he and counted Al the year ènd. Bank balan. whether in CF8dil or overdrawn, a19 shDWD allhe amounts prcpeTly reConle kn Ihe bank slatetwhènis. L&a8lng and purchase contr4ctg aThd commitmBnts Assets under finance lea and hire purtha$e conllacis, which are Ihosewhere $ubslanlialty all the iisks and rewards of ownership of Ihe assel have passed Lo the chaiity, arB ¢8pilali5ed in balance she91and deprecHted over Iheir u¥eful lives. The wrreAponding l#ag¢ or hire purcha6¥ obligalK>n 15 Ireatsd In the balance sheel Ss a LialIty. The inleresl el8menl of the rent oblaonE is Chr9ed lo the profil and h)BS accoulll 0¥91 thè period of Ihe l@ase Ènd repre8enls ? con3lanl pioportlDn ol e balanrB of ¢apiial repaymEDl$ ouislanding. Rental¥ paid opwallng IvdGes ale charged lo incom¥ on a Stiah1110 ba51s overlhe IErm. Pgnglons-¢JellneO COntbutIOn schDms Thq thwity operate6 a defid (yJnlrII1ort pension schpmè. ConlllbulsDns 8iB ¢h$rged lo tha profit8nd109S acco a3 Ihey become paygblÈ in accordan¢¢ Kllh the rules of IhÈ scheme. Fund Accounyng UnreslridEd funds ar8 available foruE8 al ihè discretion ol th¥ trusiees in furthgrnnce of the g8n8Fal gbjeclivesof the charity. Da51gnatad lurtds are unie51ri¢ted fund8 earmarked by the Tru8ts85 l¢r parcur putpws, Tre are nD déslgnaied funds. RestTirl8d funds are subjB¢ted lo reslriGtKn3 on Iheir XpendI1Ur8 imposed bythe donoror Ihrough th@ tèrmsof an ppeal or AS irnpliecl by law. There no endowrnenl fundg. 2 Llablllty to taxatlo The Tru¥lee¥ consrIhat the th&rity 5alisfi$$ the tes15 Set oul ID Paragiaph I Srhedvle 6 01 the Finanre Art2010 101 UK corpoi81ion lax puipo$es. Accordingly. thè Charity is potonlllty exempl from 18xalion In respBcI of Sncome or capllal gain3 received wlhin thtegorie& cov8rod by chapter 3 part 11 of ¢(1alK)n Tax Act 2010 Section 256 of the Tali0n ol ChargeatAe Gains AGt 1992. lo Ihp exiqnl Ihal 9uch Incofflp Di yain9 are appli9d Èxclusively on Ihe spècific chaiitable obl8cis ol the ch8tity lor no olhpr purpose. Valu8 Added Tax 15 not locarable by ihe ¢harity, and is theiefore Included in ihe rBlÈvantCOGt6 in IhB Stslèmenl of Fina1 Activitses. 3 Winding up or dl$stslutlon of the Gharlty Ir upon wlnding up or dlsSDlullon of the ¢harlty there ietnaln any asse15, after the sallsfacllon of all d8bl8 and liabillligs. the 8$gets iepresenlerl by the accumulated lund shall be liansferred lo sDme oltÈr charilablfr body or bodits havl sthiiqrobj8ctsto the charity. 4 Slgnlflcance of finÈnclal Instrumènts to tho charitys position Thp ch31ily h£s bankd£w3its. 11 has no ive31menis or other financial in51Tuments. 31
Empire Fighting Chance Notès to the Accounts for the y&ar ended 31 October 2023 5 Net surplus before tax in thÈ financial year 202J 2022 The nei suiplus b&fore lax In Ihe than31 yeaf IS slaied afler charging:_ Depreallon Df owrbeil fixed assels Pension cosis Auditors. remuneration 7.161 16,611 6,800 9,156 8,638 6.800 Number of Iiusie88 lo whom benefils accrued er moneypur(*)ase pénsk)n schemes 6 The Contribution of volunteer8 The charilydepends on Ihe support of ils vdijnleers. whi¢h Is much apprecial8d. The charily uses vo5unleers lor promotional work and support. No méasure has been mad8 ol Ilie limÈ or ¢osl equivalieiil Ihai Ihey suppty. 32
Empire Flghting Chance Notes to the Accounts for the yèar ended 31 October 2023 7 Staff costs aild emoliiments Solarycosls 2023 2022 l>oss Salaries excluding Iruslees and key mBnagemenl peisonnel Eniployer's Nation81 Insurance for 811 slaff Employer's conlribulion lo defined benefil pengion sthemes 881.427 73.113 16,611 728,032 52.713 8.638 Total salarTes, wages and relat•d ¢osts 971,151 789,383 The average nuinbÈr of part lime staff einployed in the year w3s Tbe 8verage numbar offull lime staff employed in Ihe yearwas The eslimaled full lime equivalent nurnber ol 911 slafl employ8d In the ye3rwas 10 30 33 38 38 The estlmated equwlonl number of full Ilm8 sl&ff deployed In dlflerent aciNllles the year was:. Engaged on ch31ilabI6 actsvilles 26 Engaged on publiciiy 3cliwlies 31 Ewaged on manaoemenl and adminislralion rhe estim&ted time e4tsiv&lent number of all stBrfemployed as gbove 33 38 The number of exter1 adwsois and con5vhanls used In projeds varies from Moll lo monih. and hre used where help, trainlng or extra resou lo fulfill Ihe obieclives1i35 been Idenlified Ntilher iruslees nor any persons connecled wilh thém have received any remuneration froin th8 ¢h8rily or any The nvmber of emKAoyeeswhose emoluments includlng iaxable benefi15 bul &xcbding employers pension conlnbulions fall inio rollowiw bands w8r8 2023 2022 £60,001 to £70,000 £70.001 lo £80.000 Th pension detalls olsuch higheip8ld slaff kvere Conlribulions for the prowsion of money wrchase pension 2,642 2.642 Numbor8 olsuch siamto whom benefit5 are Numb6r Number accruiny. -under mor*y purchase pension schemes 8 rined contrlbution pension schemes The th8fiiyoperaleB a defined conlrilxS1ion Imoney purchase) pen&on schetne lorqualiliing omploy8es, Ihe cosls of which are shown above Pension costs are 8llocaled between resliicted funds and unreslricled funds bose¢ on Ihe percenigge ol salaritrs thai are d88meLI lo be alloca lo reslricled and unKeslficled fiinds Any li8bililies a&socJaled wilh the scheme are shown under eredilors. 33
Empire Fightlng Chanee Notes to the Accounts for the year ended 31 October 2023 9 Remuneration and payments to TrLt8tees ai)d persons coiinected with them No Iruslee5 or persons connecièd with Iliein received any remratIOn from the ch8rily. or any relaieLI enlily. 10 Deferred inc(>me- unstCted and Deslgnated fund$ Current Yèar Opeiilng Dpferrals Rg1g*Èèd Recglvlld Defeed from prlor years les8 released t yoarend lTryFar Sundry items under £1000 Prior perlool Paul Hamlyn FoU[alKIn PTudencÈ Tru81 Innox Foundaiion Paul H8mlyn Foundalion The Haryreaves Foundalion The stone Farni1y Trust Garfld INeslon Foundation Sl James Place The Oclober Club Raise Your Hands Comic Reliel Spielman Trusl Henry Srnilh Charily Chimo Trust Total 4,689 4,669 846,312 1846.3121 so,000 16.106 12.500 62.$00 32,295 41,667 7.500 23.333 558,945 12.500 37.482 5,000 24.958 7.500 896.955 50.000 16,108 12,500 82.500 32,295 41,667 7.500 23.333 558,945 12,500 37.482 5.000 24,958 7.500 896.955 848,31 1848.3121 2Q23 2022 Thesè dof8rrais are in¢luded in CTedlto 8%,955 846,312 Prior Year Openlm Dofgrrals Ro1oa6ed from prlor yea Recefved less relea8¢d Deferred atyearend Prior period 256,089 1256,0691 846.312 846,312 To¢al 256.089 1256,0891 846,312 846.312 34
Empire Fighting Chance Notes lo the Accounts for thè year ended 31 October 2023 11 Tangible flxed assets Land and Buildings Plani s Machinery Moloi Vehicles Current Year Ttstal Co$t Al 1 November 2022 Addilions 38,9Q5 1,560 32.012 70.917 1,560 At 31 O¢tobar2023 40.465 32,012 72,477 preclallon Al I Noveinber2022 charge for the year 20.328 4.709 22.206 2,452 42,534 7.161 At 31 Octor 2023 25,037 24,658 49.695 Net book value Al 31 Octohèr 2023 IS,428 7,354 22,782 At 31 Octotsor 2022 18,677 ,806 29,383 A signilicanl eltmtnl of Ihe fixed assels were acquirtd willi Ihe aid of 9ranlS and Ihere are no reslriction$ upon the Inanner ID which Ihe assels be dealt wllh Imposed by ihe 9ranl Ma9 aulhorilies. All assets are used ford11 Charitab purposes. 12 Oebtors 2023 2022 Trade debtors Prepayments and accrued income Olher debiors 24.Q23 1,277 211,497 145.755 3,600 155.747 237,697 30S,102 see nole 15 vthlch ¢oDlains infonrglion aboulolher deeblols. 13 Crnditors- amtsunts falltng due within one year 2023 2022 TIBde credilors Acctuals Deferred Income- ijnresirlcled & designated funds PAYE, NIC VAT and Olher laxes Olher creditors 16.118 19,545 896,956 23.521 13.104 14,089 20,041 846.312 969,244 880,442 14 Financial commltments undÈr operating lÈases 2023 2022 Al the year end Ihe tharily had annual commiimenls under non- can¢ellab op6raiing leases as sel oul below-. Operali#o le8se5 which expke.. wilhin two 10 five year5 in over five ye8r$ 27.195 34 27,229 35
Empire Fighting Chance Notes to the Accounts foy the year endèd 31 Octob&r 2023 15 Contraclual capital commltments With the landlijrds permission. Ihe chariiywas In conlinuiiig Ngoliglions relaiing 10 a deVepent olils leasehold propetty to make Ihe la&lily more tsuiiablke lo its needs. Al Ihe dalft Ihese accounts were appioved. no coniracls hgd been signed. Cosis relaiing lo the this deve5opmenl have been Induded in other debtors. becAuse If e devolpmeni goes ahead. the developerwill reiinbvrse the charity. 16 Income and Expenditure a¢¢ouiit summary 2023 2022 At 1 Novamber 2022 Surplus glier lax lor the year 702.917 159,661 882.235 20,682 At 31 O¢tober 2023 662,578 702,917 17 Rèlated party transactions During the yeèr. Ihe charily iiansaded vAlh Ihe following related parties on an atms th b8SIS'. CSBOX There is a l£milial t lo Mr Jamie Sanioar, the COQ of the charNy. The pur¢h8ge& made fiom CS Boxing limited amounted lo E3.295. Al the year end Ihere is an amount ol t312 due lo ihe rÈlaied p8rly. Thi5 1$ included in Irade crfidiiors. 18 Particulars ol how particular funds are repr88enled by assets and Ilabllitie8 At 31 Octob6r 2023 Uiiresmctid Deslgnated funds Total lund5 funds Fuvds Tangible Fixed As5e15 Current As$tiS 22.782 1,697.562 1969,2441 22,7B2 1,809,040 1969,2441 111,478 751.100 111,478 862,578 At I Novètnbtrr 2022 Uiirestrlctgd fund5 Des1)ated funds ReStr4cted fund& Total Tanglble Fixeij Asse15 CLJrrenl Asseis Curreni Liabiliiies 28.383 1,464,071 1880,4421 28,583 1,654,976 1880,4421 ),905 812,012 00,905 702,917 36
Empire Fighting Chance Notes to the Accounts for the year ended 31 O¢tober 2023 19 Change in total funds over the year as shown im Note IB analysed by iiidividual funds Funds b¢ouottt In TrdllSfers lorward froi fttnds In 2023 b¢ts¥een 2022 funds ID 2ty23 Fuiids carrK4d IoAvard to 2024 Sèi Note 20 Unre$lrt¢tedandde$lyn&led funds Unresiri¢ied revenue funds rolal ullrostrlcted and deslgn8ted lund$ 612,012 612,012 1Yg.089 1J9,089 751,101 751,101 Resirf¢i•d lunds... Reslricled venue funds Total restrl¢t6d lunds 90,905 90.906 20.572 20,572 111,477 111,477 Total charlty funds 702,917 1S9,661 862,578 20 Analysi5 of movem8n15 in fund8 over the year a6 Shown in Nots 19 OlheT Income ExpendSlure Gains & Movement In funds 2023 Lo¥seS 2023 2023 2023 UMre$tricledand desiynated funds... Urtrtrslricied revenue funds 765,009 1625.9201 IJ9,089 R•slricted funds... Resliicied revenue funds 872,212 1851,6401 20.672 The only g8ins and losses are those reported in the siaiemenl of Finan¢181 Acilvilie5. 21 The purpose8 for whlch th& funds Unrestrl¢tedaTrdde$lgn8led funds... These funds are hekj for ihe rneeling the obleclives of Ihe charily, and lo provide reserves for fuiuiÈ acliviiks. and sublecl lo charily legislation. ole Unreslricied revenue funds Rèstilciedtunds:. Thèse funds gre held for Ihe neting tha obJe¢lives of IhE charily, 8nd lo provide reserves lor lulure acvifjlies. and subieci 10 charily legislation, and were given for a specific use or project. Reslricled VenU0 fu$ 22 Ullimate controlling party The ¢J18rily1s under the control of ils legal membèrs. The charitable company Is limited by gusranlee. Every memberof the chanly is obliged 10 coniribule such gmounl as may be requiied Iiot exceedinu £10 to the as8ets of Ihe company in Ihe evenl of ils beiiig wound LJP wliile he or she is a memb8r. or wilhln one ar after he or she aSe5 10 be a member. 16 mernbeis run the charity and are overseen and are responslNe 10 Iliè Iru51ees. 37
Empire Fighting Chance Detallad analysis of incoma and expenditure for the year ended 31 October 2023 8s rèquired by the SORP 2015 This analysis is ¢lasssified by conventional nominal destriptions and not by a¢tivily. 23 Donations, Grants and Legacies cUrrent•r Unrestricted Funds Currentyear Re¥trl¢ted Funds Cufrent y•ar Tolal Funds Prlor Year Total Fund6 2023 2023 2023 2022 Donatlons and gifts from individuals Sm811 donalion5 inéiv1dually less than £1000 27.649 27,649 145,751 October Club 271,878 271.878 Ano 1,000 1,000 Totsl donations and glfts from Indlvlduals 28,649 271,878 300,527 14S,751 All the donations and gifts in the prior year were nsIrted. Donation$ and gift8 from indivldua18 Ilnclude HMRC rèfund8 on gift aidèd don2tionsl- Prior Year analy818 Prlor Yea UNrestritt8d Fund& prtor Yèar Re51riGted Funds Prlor Year Total Funds 2022 21J22 2022 Prior year 140,248 5,503 145,751 Cuwreiit year Unitstrlcted Funds Cutyenl year Reslri¢i•d Funds Curr•nl year Total Prioy Year Total Fundts 2023 2023 2023 2022 Revenue grants from governmont and public bodies Apprenticeship contributions 3,100 3.650 6.750 Total public sgctor revenue grant5 3,100 3.650 6,750 38
Empire Fighting Chance Detailed analysis of income and 8xpenditure for the yaar ended 31 Octobèr 2023 as requirèd by the SORP 2015 Currenl year Unre51riGted Funds Currentyear Restwlcled Fujds Currant y¢8r Total Funds Prfor Ytrai Total Fund$ 2023 2023 2023 2022 Reven¢Je grants and donatlons from non public bodieg Small granls individualty less than £1000 11.497 11,369 841,271 Dlck Lovell Fouk)d8lion Henry Smilh Charlly Children in Need Comic Relief Harore3ves Foundaiion InN)x Foundaiion Nisbel Trvsl Paul Hamlyn Foundali Piuden¢e Trusl Spl6lm8n Trust Chimo Tusl FIL UK edI(k Charity Gweni pcc Henry Smilh Charily S(Kielé Gènerale Newby TTUSI East End Communily F(ndalK)n Sl Jaines P¢* Wesl ol Englai)d Combined AuihNily Qgg5 Foundairon Crealive Y(th Nehvork Anon Anon Garfie Weston Foundalh)D CS Boxing Raise your Hands Sloiie Family Trust Clasped Hands Bramwells Donaibn Glasionbury Feslival M&S 1.500 19,400 4.887 77.371 31,381 78,720 36,045 22.500 8.334 71.623 80,492 15,0001 15,0(X) 12,500 12,000 15.158 19,400 12971 10,000 10.000 16.667 48.623 20,000 11,?80 4,887 96,771 31,381 134,625 36,045 22,600 8,334 96.62J 80,492 55,905 125,000 5.000 1S.OOD 12,500 12,000 16,158 19,400 10,000 10,000 20,667 48,623 20,000 11,280 2,000 4,000 50,000 5.000 2S,700 too,000 2,500 4,000 1,097 2.6QO I,ooo 4.ofA) 2,000 4,000 Jo.000 25.700 100,000 2,500 4,000 1,097 2.600 Oasis TuLYen FndatIO AmarTrust Romodham Trust Pasco Group Swan Weallh Managemenl Total prbvate sector vevanue grants 60,000 10,000 2.000 9,960 2.0 485 720 60,000 10,000 2,00 9,9¢0 598,884 I0OL),766 Revonue grants and donatlons from non public bodies prior year analy818 Prioryear Prlor Year Prioryear Unreslricted R8Strfcted Funds Total Funds 2022 2022 2C122 Prior Year 311.?41 530,030 841,271 39
Empiye Fighting Chance Detailed analysis of income and expenditure for the yèar ended 31 October 2023 a5 raquired by the SORP 2015 Current yaar Unre$trlcted Funds Curreiit yèar R¢Strl¢ted Funds Cuvrenl year Prlor Year Tot81 Funds 2023 2023 2023 2022 Spoiisorship Small sponsorship gifis indiwdually less than £1000 Total 8poNsorshlp income 14.688 14.688 14,688 14,688 Total Donations, Grants and Legacies by fund Total Donations, Grants and Legacies A1 532.157 872.212 1,402.731 987,022 Unrestrl¢ted Funds 2022 Restricted Funds 2022 PrlorYeaT Total Funds 2022 Prloryear Total Oonations, Grants and Leqacies Al 456,992 530.030 987.022 24 In¢ome from charltable activitlgs - Trading Activities Current year Curreiit year Uthrestrlcted Funds CUrretYear RostYlo¢ed Funds Current year Totsl Funds Prlor Year Totsi funds 202J 2023 2023 2022 Primary purp08e and anGillary trading Sale of goods and services in accordance with Ihe charity's objects Lelling of property for charitable purposes 211.801 211.801 169,975 21.051 21,051 12.948 Total Primary purpose and ancillary tradinu 232.852 182.923 232,852 40
Empire Fighting Chance Detaileil analysis of incomtr and èxpenditure for th• year ended 31 Octobar 2023 as required by the SORP 201S 25 Total Income from charitable activities Current year Uthrestricted Fund6 curnty0r Restrl¢ted Funds Current yèar Total Funds Prior Yèar Total Funds Currentyear 2023 2023 2023 2022 Total incorne from chafil8bl& trading Total from charitable activiiies 232,852 232,852 232,852 232,852 182.923 182,923 A2 26 Expenditure on charitable activitl8s- Dlr8Ct spending Cuivent ytrar Unr¢8trlcted Funds Curteiit year ReGtrl¢tèd Fuiid3 Curient y$8r Toial Funds PrlDrYear Totsl Funds Current Year 2023 2023 2023 2022 Gross wages and salaries - charitable activities Employers, Nl - Charitable activities Defined benefit pension costs charitable actiwlies Trave5 and Subsislen¢e Charitable Activities Other staff costs Professional support Consulting Total dire¢t spending 358.055 523,372 881,427 728,032 29,864 43.249 73,113 52,713 6,748 9,864 16,811 63.173 24,194 77,367 45,325 3.757 41,202 5,248 496,047 6.943 83,168 37,073 727,8£J 10.701 124,370 42.321 1,225,910 8,638 148,272 2,268 985,248 B2a PrSor Yfrar Unretstritteo Fund& Prlov Year Rèsirlcted Fund$ Pvlor Year Total Funds Prior Year 2022 2022 2022 Gross wages and salaries- charitable activities Total dKr8ct spending B2a 222,472 505.560 728.032 479,688 505.560 985,248 41
Empire Fightlng Chance Detailed analysi5 of Sncome and expènditure for the year ended 31 OGtob&r 2023 as required by the SORP 2015 27 Expendlture on charltabla activities Charitable trading Curreiitypar Vnr•slrlcied Funds Currentyear Restrl¢t¢d Current year Prior Yeir Total Fuiid¥ Total Ftsnds Current Year 2023 2023 2D23 2022 Reallocated from 8UPPOrt cos15 Total charitable trading costs 15,747 15.747 15,747 15,747 34.229 34,229 B2b 42
Empire Fighting Chance Detailed analysis of income and expènditure for the year ended 31 Octobèr 2023 a5 rèquired by the SORP 2015 28 Support costs for charitable activities Currtsnt year Restncted Funds CurrÈni yèa Total Funds Prlor Yo•r Tr*tal Funds Unrestricted Funds Current Year 2023 2023 2023 2022 Premises Expenses Light heat and power Prernises repairs, renewals and rnainlenance Other Premises Costs 22,244 22.244 15.935 16,215 16.21S 14,227 27.278 27.278 22,869 Admlnistrative overheads Equipment expenses Computer running. slalionery and Events and sponsorship Liabilly and ¢onlents insurance Other governance costs Bank charges 1,566 26,473 53,635 3,132 8,586 311 879 31,101 9,672 10,088 2,445 57,574 63,307 13.220 8,586 311 3,103 26,007 15,859 9,260 10,036 300 Financial costs Depreciation & AmortlS8tion in total for 7,161 7,161 9,156 Support costs bofore reallocation 100.864 117.477 218,341 126,7S2 Less support costs rgallocafed to speclfic activities To charitable trading costs 115,7471 115,7471 134.2291 Total support costs - Current Year 85.117 117,477 202.594 92,523 The basis of allocation of costs bebween activikn'es Is destribed under accounting po[leS Currentytar Unre$lricted Funds Curreiityear Restrlcted Fuiids Prlor Year Tot•1 Funds Prior Year 2023 2Q23 2022 Administrative overheads Evenls and sponsorship 14.758 1.101 15,859 Finaiiclal costs Depreciation & Amortisality) in total for 5,887 3,269 9,156 Support Costs before reèllocation 122,3B2 4,370 126,752 Total support costs - Prior Year 8B,153 4,370 92,523 The basi5 of allocation of costs belween activities is descrbed under accounting policies 43
Empire Fighting Chance Dalailed analysi5 of income and expenditure for the year ended 31 Octob&r 2023 as required by the SORP 2015 29 Other Expendlture - Governance costs Current year Unretstr1¢18d Fund$ Current y¢ar Reslylcted Fuiids Current yaar Yotal Funds Prlor Year Tol81 Funds Current Year 202J 2023 2023 2022 Auditor's fees Accountancy Total Governance costs 6,800 13,776 20,S76 6,800 13.776 20,576 6,800 8,237 IS,037 All the expenditure in the prior year was ns[rted. 30 Totsl Charitable expènditure Currentyoar vnrÈ9trlcted Funds eurrent yèar R¢8trlcted Funds Current year Total Fymds Prloryear Totsl Fund¥ Current Year 2023 2023 2023 2022 Total direct spending Total charilable Irading costs Total support costs Total Governance costs B2a 498.047 727,863 1,225,910 965,248 B2b B2d B2e 15,747 85,117 20,576 15,747 202,594 20,576 34,229 92,523 15,037 117,477 Totsl charitable expenditure B2 619,487 845,340 1,464,827 1.127,037 Prloryear Prior Year Restricte Fund$ Pvior Year Total Funds Prior Year Funds 2022 2022 2022 Total direct spending Total charitable trading costs Total support costs Total Governance costs B2a B2b B2d 826 479,688 34,229 88,153 15,037 505,560 985,248 34,229 92.523 15,037 4,370 Total charitable expenditure B2 617,107 609,930 1.127.017 44
Empire Fighting Chance Detailed analysis of in¢om• and expenditure for the year endèd 31 October 2023 as required by the SORP 2015 31 Expenditure on raising funds and costs of Invèstment managtsment Current year Unre51ricled Fund$ CurreThl yoar Restrleled Funds Currentyear Tot•1 Funds Prloryear Total Funds Curreiit Year 202J 2023 2023 2022 Cost ol fundraising activities 6,433 6.300 12,733 22,226 Total fundra16ing costs B1 6,433 6.300 12,733 22,226 All the eXndItUre in the prior year w8s unrestricted. 45
Emplre Fighting Chancè Aetlvity analysis of lrtcome and expenditure for the for the year ended 31 October 2023 This analysis is elasssified by a¢fyvi(y and not by conventional nominal descrtiptions. 32 Analysis of income by activity SOFA ref 2023 2022 Activity In¢om8 from charltable actlvltlas 232.852 182.923 Summary of Total Income, including the Itèms above Charitablè activi15 Oon81ion5 & LegaCS A2 Al 232,852 1.404.369 182.923 987.022 Total Income as shown In the SOFA 1,637,221 1,169,945 C8tegorles ofincome Income from exchange tran5aGlions 1,637,221 1.169,945 46
Empire Fighting Chance A¢tivity analysis of Income and expenditure for the for tha yoar ènded 31 October 2023 33 Analysis of charitable expenditure by activity Activity Direct costs Support Grant funding of activities 2023 costs To1 Total 2023 2023 2023 2022 Charitable services De¢l cosls 1,225,909 1.225,909 65,737 145,446 7.161 1.112,0(K> Prernises expen5e5 Adm1nisiraiive overheads 65,737 145,446 7.161 Finan¢ial ¢o$ts Charltable SÈNlces 1.225,909 218.244 1.444.253 1,112,000 Summary of tharitablé Costs by a¢tlvlly Direct costs Suppori co$ts Grant funding of activitlès 2023 Total Total 2023 2023 2023 2022 Charitable setvices Total Governance costs as detailed in Note 29 1,225.909 218.344 1,444,253 1,112,0 20,576 15.037 20,576 Total charitable eXnditre 1,225,909 238,920 1,464,829 1,127,037 The basls of allocation of Costs betweÉn acllvilies Is de8tribÈd under a¢¢ouniing polides The breakdown of this expendrture by type of spending lie nominal clas5ificalionl is detailed in note 30 Analysls of 8UPPOrt and governance costs by charltable attlvltle$ Governance Flnance Human Resources Other Overheads Tot81 Act4viIy (Xjlreaeh serve8 20.S78 7.181 211,183 238,920 47
Emplre Flghting Chance Actlvity analysis of Income and expenditure for the for the year ended 31 O¢tobèr 2023 34 Analysis of non charitablè èxpenditLire by activity Activity Fundr8fslng actlvllles Fundralslng Fundraislng activlties actlvities 2023 2022 Direct fundralslng costs 12,733 22,226 Indiroct fundralslny costs'.- Govgrnance costs Govèrnance costs 2023 Gov8rnanc8 Costs 2022 other Expendiiure- Governanc£ costs as detailed in Note 29 20,576 15.037 Tol81 non charitable expen(liture 2023 2022 Total c051s of Fundraising acliwlies 12,733 22,226 Total charitablè Èxptsnditure 12,733 22,226 48