2025-10-31-accounts

Company registration numb8r.' 08752389 Charity registration nurnber.. 1158690 EMPIRE FIGHTING CHANCE EMPIRE FIGHTING CHANCE STRATEGIC REPORT, TRUSTEES, REPORT AND FINANGIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025 •&1• slogoetts Chartered Certified Accountants & Regislered Auditors Castle Cary Road West Lydford Somer$81 TA116DS

Empire Fighting Chance Contents Pag• Truslee5' Report Independent Auditorfs Report 11 Statement of Flnanu81 Aotivilies (including Income and Expenditure Accountl 12 Comp8r81iv8 Ststernent of Financi81 Activiti88 lincludin9 Incoma and Expenditurè Aecountl 13 Balance Sheet 14 S18tement of Cash Flows 15 Note5 to the Slalement of Cash Flows 16 Notes to thè Flnanclal Statements The followng pages do not form part of the Statutory account8.. Delailed Statement of Financial Aclivilies lincluding Incorne and Expenditure Accounti 24-25

Empire Flghtlng Chance Company No. 08752389 Trustees. Report For The Year Ended 31 October 2025 The trustees piesent th6ir r8POrt 8nd th8 fin8nci81 staternenls for the year ended 31 Oclober 2025. Oble¢tlve8 and ActlvStleg Alms and Obl•ctlV•8 THE CHARITYS OBJECTS I OBJECTS") ARE SPECIFICALLY RESTRICTED TO THE FOLLOWNG.. 1.5.1 TOADVANCE IN LIFEAND HELP YOUNG PEOPLE THROUGH.'111 THE PROVISION OF RECREATIONALAND LEISURE TIME ACTIVITIES PROVIDED IN THE INTEREST OF SOCIAL WELFARE DESIGNED TO IMPROVE THEIR CONDITIONS OF LIFE',1111 PROVIDING SUPPORT AND ACTIMTIES WHICH DEVELOP THEIR SKILLS, CAPACITIES AND CAPABILITIES TO ENABLE THEM TO PARTICIPATE IN SOCIETh AS MATURE AND RESPONSIBLE INDIVIDUALS., 1.5.2 TO HELP YOUNG PEOPLE. ESPECIALLY BUT NOT EXCLUSIVELYTHROUGH LEISURE TIME ACTIVITIES IN THE FORM OF AMATEUR BOXING, SO AS TO DEVELOP THEIR CAPABILITIES THAT THEY MAY GROW TO FULL MATURITY AS INDIVIDUALSAND MEMBERS OF SOCIETY., 1.5.3 TOACT ASARESOURCE FOR YOUNG PEOPLE UP TO THE AGE OF 21 BY PROVIDING ADVICE AND ASSISTANCE AND ORGANISING PHYSICAL AND EDUCATIONAL PROGRAMMES AND OTHER ACTIVITIES AS A MEANS OF'.111 ADVANCING IN LIFE AND HELPING YOUNG PEOPLE BY DEVELOPING THEIR SKILLS. CAPACITIES AND CAPABILITIES TO ENABLE THEM TO PARTICIPATE IN SOCIETh AS INDEPENDENT, MATUREAND RESPONSIBLE INDIVIDUALS., 1111 ADVANCING EDUCATION',11111 PROMOTING PHYSICAL AND MENTAL HEALTH.. IIV) RELIEVING UNEMPLOYMENT.. IV) PROVIDING RECREATIONAL AND LEISURE TIME ACTIVITf IN THE INTERESTS OF SOCIAL v￿ELFARE FOR PEOPLE WIO HAVE NEED BY REASON OF THEIR YOUTH, AGE, INFIRMI￿ OR DISABILITY. POVERThOR SOCIALAND ECONOMIC CIRCUMSTANCES, WITH A VIEWTO IMPROVING THE CONDITIONS OF LIFE OF SUCH PERSONS,. AND 1.5.4 TO PROMOTE AND PROTECT THE PHYSICALAND MENTAL HEALTH OF PERSONS SUFFERING FROM ILLNESS OR MEDICAL CONDITIONS OFANY DESCRIPTION OR IN NEED OF REHABILITATION THROUGH THE PROVISION OF PHYSICAL AND EDUCATIONAL PROGRAMMES AND OTHER ACTIWTIES AND BY PROVIDING OR ASSISTING IN THE PROVISION OF EQUIPMENT, FACILITIES, FINANCIAL ASSISTANCE, PPACTICAL ADVICE AND OTHER SUPPORTSERVICES. 1.6 NOTHING IN THEARTICLES SHALLAUTHORISEAN APPLICATION OF THE PROPERTY OF THE CHARIIY FOR PURPOSES WAICH ARE NOT CHARITABLE IN ACCORDANCE WTH SECTION 7 OF THE CHARITIES AND TRUSTEE INVESTMENT ISCOTLANDI ACT 2005 ANDIOR SECTION 2 OF THE CHARITIES ACT (NORTHERN IRELAND) 2008. Slgnlficant Activltles The charity as a part of a wider ne¢work. The ch8ri1y participa188 in national, inlernabonal and wider aly networks trying to influence policy deuslons, craata co118bor81ive working cultur85 and impact th8 lives of young people. The maln actlvlfles undertèktrn In rèlafion to the charitable objectives during Ihe perlod We have created our own unique approach to help young peop18 make 8 subslanlial and lasting change. This has been don8 by embedding cutting edge psychology, therapy and intensive personal developm8nt into non-con18¢1 boxing sessions within slruclured prograrnmes featuring non-contacl boxing, psychological education and rnentoring. Young people learn how to box and in between physlcal actlmtles we embed powerful, evid8nce-b8sed psychological principles lo create healthier thinkin9. We b&lieve that SPDrt c18ars the mind, the physiological changes allowng psychological ones to occur thus C￿&t￿ng 8 positive le81ning 5t8te. Among rn8ny things, young p80ple learn how lo reduce anxiety through a¢￿pl1ng neyative emotions are translent, bouncing back 8fler f8ilur88 8nd controlling their 8nger. Through mentoring young people build the foundations for good physical 8nd ment81 he811h. including a sense of purpose, regular physical aclivily, a healthy lifestyle and positive relationship5. Young people with tnore 8CUte is5ue5 P8rtIClP81e in Europe's firsl Box Therapy programme. Based in our gym, a qualified Iheiapist weaves In therapy while coaching boxing. They focus on supporiing young people to sell-regulate, manage their emotions and change negative way5 of behavlng. Thls allows individuals to cathartically express themselves lo prO￿s$ difficult experiences. They engage far quicker than trÈ)dillonal talkino therapy. We transition young people lo weekly open a¢￿$$ boxing 5es51ons and other services, including 8 W88kly boxino Iraining and therapeutic space lor young people experiencing mental health issues. Thls is an irnportant step in building r8silience and mainlaining their improved well- being. We hav& 81so developed 8 nalional nebvork of organisalions that that we train and support to deliver Boxchampions 8nd 8oxTherapy progratntn8S. Th&'Pow8red by Ernpir8' nefvmrk has 58 8rn8leur boxing clubs, 70 youth, sport and therapeutic dellvery organisations that include- Youth Justic8 Semces Aclive P8rtnerships Prtsfe5slonal football foundatioTrs NHS- Children and adolescent tnent81 he8llh services ICAMHSI Since June 2022 these partners have raised in excess of £5 mllllon from sales. grants 8nd fundraising, and worked with over 21.000 young people. We ara m8king these organis8tions suslain8bl8, wlhin their own communities therefore ensuring lasting, Iransforrnational change. The eharity's strategies forachieving its aims and objeclfves ..CONTINUED Page 1

Empire Fightlng Chance Trustees, Report {continued) For The Year Ended 31 October 2025 Signiflcant Actlvltl8$- eontlnued We have sel five goals that wll guide ourwork over the nexl thre8 ye8rs. For 8ach goal we havtr developed a series of tactics lo achievg it.

I ESTA8LISH A GLOBA

Everythino we do will slort wilh our work in Easton. From our boxing gym in the heart of gur comrnunity, we'll Continue to Innovate, learn by dolng. dèvelop e￿dence of what works, and share all of this with others who are fighling the sarn8 fight. W8 aim to develop approaches that are recognised around the wodd for Ihelr power to make significant and lasling improvem8nls lo young people's lives. Wewll.. . Make eontlnuous improvements, rooted in the Empire Way.. We'll work relentlessly lo m8ke big and small ch8ng65 to ourwork to In¢￿aSe our Impact on young people. We'll do that whilst constantly slaying Irue who we are and what w8 know works. Beeotne tnoie data drlven.. We'll push boundaries to strengthen the intelligence we gather from lh8 str8818. young people, our delivery, 8xpertS 8nd 8cadernics. W6 wlll use that to learn, drive improvement, and prove that what we do works. T8k8 all our current programrnes lo their full potential.. We'll work towards getting all four ol our programrnes operaling al the right scale. maxlmutn impact, snd to 8 standard Whe￿ we're confident to share them wilh other organisalions. Reach optimal capaclty.. We'll Increase the number of young people we suppori in Bristol, to a18vel that we b81i8ve 18 optimum for our ullure. quality of work, plaee In thè eommunlty, and financial suslainabilily. Transform our boxing gym.. We'll develop our gym to provlde young people and the Empire team wilh the environment they need to do great work and to en8ble us to propeTty showcasè #nd share our work with partners from around the worfd.

2 STEP UP FOR OUR CO

UNITY We will lake on greater responsibility in our local community and olherworking class comrnunili88 8C105s Bristol. We'll Trnvest In, eollaboraie and Sha￿ with these communities lo colle¢lively move forward. By doing so, we'll help to create places where their young people have a better chanee ol realising their full potential. Wts will.. . Become more connected.. We will contribute more lo local straleoies and partnerships, and we'll cr8al8 8 rnore comprèhenslve range of refeiral relationships to help young people &c¢ess broader. more joined-up support. . Share our knowledge with others in young people's lives.. W8,11 d8V81op a rang8 of ways to share our èxpertise wth parents and carers, schools and others who are important in young people lives, lo make us all mor8 8ff8Ctive. . Share our space wlh olhers who can help.. We'll ￿ate space within our new building for other locsl organisations who c4n provide addltlonal support to the young people we work with and their larnili8S. . Sh8rpen our focus on those who need us most.. We'll increase the work we lo do lo eng8g8 and 8UPPOrt young people who a￿ outside maln5tream Servi￿$ and without advocates in Iheir corner, especially those affected by crime 8nd Molence. Increase opportunities for talent in our communities.. We'll continu& to priori1188 jobs at Empire for people from 8ri5toS's working-class eommunltles and expand our netr40rk of employers who can offeryoung p&op18 Opportunities. We wll 81so promote our bellef in Ihe Importanee of Inereaslng working-class leadership in our sector to our partners across th8 city. RE IONALLY AND INTERNATIONALLY We will step up our efforts lo impact mor8 young people. We'll do that by growing 8 movement of organisations using our work in their communities, rather than growing Empir8 ilself. We'll 8xp8nd our network of trained partners who are delivering our approach in England and Wales and consider working in Northern Ire18nd and Scotland. w8.11 use the growing intèrest in our work from across the world to explore how best lo share our work with p8rlners in other countries. We will.. Develop our ne￿Ork of trained boxing clubs.. We'll continue to glow the number of box1ng Clubs we have trained, strengthen our package of support. differentiate our offer lo clubs of different shapes and sizes, and deepen rtrlalionships with those clubs that we think we can make lh8 most impact with. Strengthen our approach in South Wales.. We'll in¢re888 our presence, range of prograrntnes and impact1n the region. We will collaborate more extensively. induding with compani8s who can offer young people opportun51ies. We'll make ourwork in South Wales self-suslaining and explore whelher our improved mod81 could be used in other places. Explore new ways lo reach young people.. We'll 8xplor8 th8 Potential 10 scale our work through different m￿e1$ and non-boxing club partners. We will conlinue lo pilol our model in North Wa185, which includes us woiking alongside Wrexham Youlh Justice lo deliver lo young people as an allernalive to a custodial senten￿. Share more Empire programmes.. lthen Box Juniors, Box Theiapy and Box Careers a￿ running to their full polenlial, we will document and share them wilh our ne￿Ork ol trained dubs and other organisations who can usè them to support young people in their communities. Pilot working inlernalionally.. We'll conlinue lo work wlh global supporters lo explore how best we can Sha￿ our model overseas. We will develop an approach that works lor partners overse8S 83 well as for our work In the UK. And we'll pilol Ihat approach in a small number of Countries.

4 STAND UP FOR WHATWE BELIEVE

We ￿11 find our voice and become a more outspoken organisalion. W8 will se8k out opportunities to stand up for our Be11efs. and aim lo influence audiences In Bristol, the UK and internationally on issues that 8ff8cl young people and Qui ability to support them. Wewll.. Grow our inlluen¢e.' We'll significanlly increase our profile at a national 8nd glob81 level and strengthen our credibility by becoming a leading voice on youlh Violen￿ and other issues experi8nc8d by young people trotn working cla58 communities. We'll use our increased influence to achleve changes Ihal benefit young people and our community 8nd to Scale our model and promote our partners. Stand up lor young people.. We'll be in young peopl8's corner to fighl lh8 Injusti￿ that they fa￿. We ￿11 consistently portray young people as i ndividuals with strength and po18nlial. And we'll provid8 platfottn8 foi thetn to share Ihelr stories and Ideas to influence Ihe world around them. Stand up for our ¢ommunily.' W8,11 r81S8 awareness of the issues that impact young people in working class communities in Bristol and beyond, and we will c311 lor th8 changes that w8 think aro needed to Improve their lives. Stand up for our model.. We'll advocate lor our approach to be used across more locations In the UK and globally. We will promote why it's relevant for young people frorn working class comrnunili85, 8nd we'll c411 out the issues that limit ourwork and that of others. ..CONTINUED Page 2

Empire Fighting Chance Trustees. Report Icontinuedl For The Year Ended 31 October 2025 Slgnlflcant Aetlvltles contlnued Stand with our partners.. W8,11 promote the organlsations who are delivering ourwork, and we'll advocate for the polenli81 of bo￿n9 dubs and other grassrools org8ni$81ions led by working class eommunily leaders to deliver S￿la1 change.

5 GET FIT FOR THE FIGHT

We will strengthen our organisalion on s8ver81 fronts so th8t we're equipped to do the bestlob we ean for young people in realising this strategy. Because the change we wanl won't happen ov8rnighl, we will build an organi8ation forthe long haul. We'll make these changes with a constant commitment lo retaining what makes us Empire Fighting Chanee. We wll". Increase young people's power.. We'll provide mor8 OPPOrtunib8s for young people to shèpè and lead our work. We will develop a richer plcture of young peoples experience al Empire and use this lo tnake itnprovements to ourwork. And we'll employ more of our young alumni and create a youth leadership programme lor young people lo take our knowl8d98 into their streets, schools and homes . Grow Incom6 sustalnably". We'll grow our income in a way Ihal we tran maintsin in the longer terrn. We will diversify our Income by securing grants from multiple sources, increasing the in¢ome that w8 88rn frorn schools. gfowng our Income trom individuals, companies and events and exploring new income generating ventures. Invest in the Empire Team.. We'll increase training lor our peopl8 Oll ISSU8s th81 specificAlly affect th& young people we work with. We will back hlgh perfomers and invest in areas that are vital for our futur8, including advocacy, data analysis, collaboiatlon and working Internatlonally. We'll ensure that we continue lo have a young, diverse delivery le8m wth lived experien￿ of the issues young people face. we'll contlnue to take care of our team by ensuring that Empire is a ￿8c8 where P80pI8 can d8V8lop and feel supported and recognised. Sharlng leadership.. We'll develop leadership roles and responsibililies across Empire, support people to thrive in those roles, and share strategie and operational leadership wth a stronger Senior Management T88m. Voluntegrs brknng with young p8op18 requires the charity to have a slrong safeguarding ethic. Consequently, il us85 few volunteers to enable it to meet Ils objectives. Achlevements and Performance Maln Aehlèvèments How the actlvltte$ undertaken during the year contributed to tho achlavtrmènt of the alms and oble¢tlves. Ourwork seeks to improve how young p80ple think and behave. Wè work towards young people achieving five long term outcomes $0 that Ihey can realise their unique pol&nlial. These are.. good mental health". redueed risky, eriminal and anti-social behaviours.. engagement with education, healthy relationships and sustsined 8mploym8nl. We have developed a multi-layered, personalised programm8 sinc8 our target group ha5 multlpltr. complex needs. Each element creates positive changes that combine to achieve our outcomes and impacl.. . 8oxlng enables young people lo., make physiological ¢h8nges to boost mental wollb8ing, manage angèr. and improve selfesteem and confidence as filness and boxing skills increase Menloring and psychological eduCal￿n enables young people to,. develop 8 S8n58 of purpose and higher a5pirations,' manage mental ill. health symptoms,. build psychological resilien￿.. lake $l&ps to r8duc& involvetnenl in iisky and antl-50eial aclivilles le.o. leaving a gangl,. Improve social networks, and strengthen relationships with par8nlsleArers Box Therapy enables young people lo improve how Ihey'self-regul818' lo better rnanage emotions and ehunge negative ways of behaving Box Ca￿er$ sessions give young people greater purpose, making school r8lev8nt 8nd s18ying out of trouble rnore Important Our Theory ol Change is built upon an ongoing proc885 of testing, evldenee gatherlng and leorning. It also reflects resear¢h that has found correlations beNve8n issue$ experi8nced by young people le.g. youth offendlngl and the abseTh￿ ol outcomes our project seeks lo achieve. Unlike other youth services, our work offers an opportunity to participale In sport and galn support in ways that feel natural. By having an enjoyable, non-stigmalising 8xp8ri8nc&, young people turn up. trusl u5 and are motivated to make changes in Iheir lives. Boxing offers several other benefils, indudino irnproved physiology, incre88ed 5elf-efficacy through mastery and opportunities to make friends. The main achievem8nts and performancè of thè ¢harlty durlng the year. W8 8UPPOrted 3170 young people with dlrect dellvery. The partners h8ve worked with 7265 young people across the UK. Soxchampions.. 93% feel rn0￿ confident 90YI) felt more resilient 94Y• Stopped getting into trouble 99% 8njoy8d box therapy 85Yts felt happler 99% felt hèard and respeelad Th? ¢J$greè to whlch the achlèvements and perfoTm8nce durlng the year have benefited widgr Society ..CONTINUED Page 3

Emplre Fighting Chance Trustees, Report {continued) For The Year Ended 31 October 2025 MalrE Achlevements- contlnued We have done a significant amount of work to tackle increasing vlolenee ￿th1Th our communllie$. We have bèen an inaugural member of the Secrètary of State for DCMS'S Youth Strategy being represented by a young person employed by Emplre Fighting Chance. We are fighting for change at both a comrnunity and 5ySternic level. Emplrè Fighting Chance is also pu8hing for a different, region818pproach lo violenc8 pr8vention lo be ro118d out. W8 h8v8 se8n rnodels elsewhere th8twotk and have been proven to prevent vi018nce, Bristol has to b8 b8tter. Completed a million-pound Iransfotmation of our b888 at The Mill by building 8 slate of the art 8nnexe. cre8ting share sp8¢8 for organi581ions to provide further support for those who need IL Launchlng partneT8hip with a new bo￿ng gyrn in Southrnead, North Bristol, cr8alinu collaboration and inlegraled support. Quote of our su¢ces¥ 'Th8 young people we support are al risk of causing or suffering from very serious youth wolence. Recognising the impact they can have wilh th8s8 individuals, Empir8 Fighting Chanoa has allowed us lo last track them into il's programmes. Empire is exiremely welcoming and flexible, esp8cially important when dealing with children who have very complicated needs and may not always be able lo fulfil a rigid limelable of support. The team also offer a unique environment where young people can be safe, be surrounded by a positive peer group and use sport lo develop their emotions. Earty Interyenlion Team, Avon and Somersel Police. Howthe achievements during the year measure up to the objectives Set We h8V8 rn818ll lh8 objectives w8 intended lo through the company year. Flnanclal Revlew RèsèTVèS Polley The Board ol Trustees has reviewed the charity's requirement for reserves in light of the main finanaal risks faeing the organisation. A significant proportion of the charity's income is ￿ceIVed through mulli-year grant agreements, which provides a degree ol short~ to Medium- term income security and ￿u¢e$ immediate financial risk. However, the trustees recognlse the Importanee of maintalnlng an approprfale level of reserves lo manage uncertainty, respond to changes In fundlng, and ensure contlnully of Ser￿CeS. During Ihe year, the tharily ¢ornpleled 8 significant C8Pital investment in ils property, including the development ol Ihg new annexe al The Mill. Thè total ¢ost 01£1,529kw88 fundèd from 8 wmbln8tion of restri¢ted grants rd13ed spec4ficalty lorlhe developmentand unrestrktsd funds. Thi3 ha$ rèsuned in a ¥lgnifj¢3nt Increaso In both restricted fvnds-where the reslrlcled elemeni ol the buildlng Is held as a fixed asset. and In vnrestricied deslgnated lunds, wheie the trustees have deslgn*ed £724k to iellect the unrestricted element of the Investment. As a result, a substantiaj portion of the chailtys total funds are now held in fixed assets rather than Ilquld resources. To piovide gr8ater clarily OV8T the use of unreslricl8d funds, the Iruslees have designated the following amounts.. £724k 88 a fixed as881 fund. representing the 818rnent of unreslricled resour￿5 invested in the Charity's property. £400k to support ftjture eapllal Investment In the charity's fÈdlitles. £120k as an International Programme Fund lo support the development and delivery ol Ihe charity's intemational activities. £250k as a Community facilities fund ieserved for Ihe potential strateglc investment In facilltles to enhance the charfty's long.tèrm finand suslalnablllty. Ai Ihe year end, free reserves were approximately £472k, calwlaled a8 unre8lrfcted funds free of deslgnallon less fvnds Invested In flxed assets. This represents approxirnalely 4 months of operating expenditure based on current levels ol spend. P8ge 4

Empire Flghting Chance Trustees. Report (continued) For The Year Ended 31 October 2025 Prlnelpal Rl$k and Uncertalntles We also believe Ihal we h8ve 8d8quale unrestricted 8nd ie5tricted reserves split to servFee what is needed for the future. We, like most organisalions, are consuous of incre8sing costs and tho difficulties in 8tlracting donations and grant money. have created different approaches to mitigate Ihese and are confident that they allow us both fre8dotn and 8bilily to movè forward. There are no material p18n5 expec18d to affect performance next year. Fundralslng review for the year All fundraising is carried out in house. The fundr8ising policy is set out by the CEO. The CEO has not informed tho trustees of any breaches of the fundr8ising policy. We run evenis, including an annual quiz, corporate training days and we are supported by peop18 fitsndraising by holdlng èvents such as goll days or by partiapalion in 10k runs. he erfom)anGe isin 8cIi 8s durin Ihe 88rè dinst the fund￿1$￿n ives set Income arising trom grant spplieatlons exceeded expectations and events, corporate and public fundraising Mel budg81. Resetves Al th8 year end, the charity had Restricted funds of £804,60012024-£82,9361. Unresldcled funds of £1,994.13712024.£1.642,9741 ofwhich, £1,494,38012024- £nill w8r8 designated to future èxpendlture programmes. At the year end, the leasehold land and property18 Stated 81 cost of £1.528,98812024-£Nill. The Incrèase in the reslricied fund is predominanlly 118d up in the leasehold 18nd and property. Futuro Developments In addition to the plans for the development of the useable space al Ihe ch8rity s core oper8lions C8ntr8 det8iled above, Empire wlll look at diffeTent ways of measuring our impact and working in more depth with Ihose Ihal need ¢)ur support the rnost, especially through ereatlng partnershlps across Bristol. We are looking to incre858 our 8dvocAcy. è5peaslly around how boxing is a powerful tool lor social change. Part ol Ihis will be through oui scale work wlh partn8rs 8cross th8 UK &4tnpalgnlng for mole Inv65tment in grassrools boxing with social developrnenl programmes. The growing boxing club network. standing p8rli8menlary coll88gu88 including the All-P8rty Padiamentary Group for Boxing will continue to push for recognition that our mcmlel provides a low cost, legllimate and authentic altemalive to traditional institution31 Servi￿$. Through ourcontlnued partnershlp wilh Matehroom Boxing and the Malchroom Foundalion we intend lo work with 8nolh8r 40 boxing clubs. helping with 8UStainabllily and increased social Impact. This is an exciting time for Empire-, we sland apart and always have b8f2US8 we think and act diffeienlly. Wrth the contlnued Integrily, energy 8nd commitment ol our staff and support and challenge ol partners will continue lo ch811enge and ensure our voice Is heard. W8 wll continuè to push for an implernentalion of an Office ol Violence Prevention 8¢ross the region, we 8hould and must do better around urban Molence. Referènco and Admlnlstratlve Detalls Truslees Dr Simon Newill- Chair Mr Dave Phillips- Finan￿ Iresigned 17102120261 M5 Kalharine Wlkinson- FInaTh￿ lappoinled 1710Y20261 Mr Nathan Pea￿Y (appointed 17102120261 Mr Mlchael Leaman lappoinled 17102120261 Ms Amy Woodrow18ppointed 17102120261 Page 5

Empire Fighting Chance Trustees, Report (continued) For The Year Ended 31 October 2025 MrAbdbfilah Awale lappoinled 29105120251 MrAlexander Campbell Mrs Charlotte Leslie MP Iresigned 171021202ei Mr Crispin Busk (resigned 29105120251 other Personnel Mr Martin Blsp- CEO Mr Jamie Sanlgar- COO Charlty Number 1158690 Company Number 08752389 Re9lstered Offl¢e The Mill, Lower Ashley Road, Easton Bristol, BS5 OYJ Accountants Sloggells Chartered Certified Accountants & Registered Auditors Hillcrest Castle Cary Road West Lydlord Somerset TA1160S AuditOTS Hlllcrest Castle Cary Road West Lydford Somerton Somerset TA116DS Page 6

Emplre Fighting Chance Trustees. Report (continued) For The Year Ended 3q October 2025 Other Information Trustees appre¢latlon to slgnlflcant donors The manag8menl and trustees wish to express their appreciation lo the following donors wthout whom the changes Ihal the charity can deliver lo the Ibves of Ihe charity users would not be possib18 Adey ICAFI Bemard Sunley Charles Hayward Foundation Chiklren in Need Chimo Trust Clolhworkers Comic Relief Commissioners Crime Prevention Fund Dame Violet Wlls Trusl Garfield Weston G￿gg$ Foun¢Jation Hargreaves Lansdown Henry Smith Charity (Box Champions) The Hodge Foundatlon Impelus Innox Foundation John James Foundation Julla Rausing FoUnda￿On Masonic Chaiitablè FoundatiDn Malchroom Foundation Hidden Healing Fund1$100kl National Lottèry Fund Newby Trust Nisbet Tiust Origln Foundation Paul Hamlyn Foundatlon PCC Gwent Pea￿ In our Cltios R8lse Your Hands Societe Generale st Jarnes's Place Foundatlon PFudence Trust The October Club stone Famlly Foundation Swie Family Foundation Tuixell Foundation Underwood TtU5t ststement of Trusteès. Re8pon8ibilities Thtr trustees (who are also the directors of Empirè Fighting Chance for the purposes of company lawl are re5ponslble for preparing the Truste65' Report 8nd the finandal statements In aecoidance with applicabl6 law and United Kingdom Accounting Sland81ds (United lfjngdorn Generally Accepted Accountlng Piacticel. Company law requires the Iruslees lo prepare financial statements lor each finaneAal year. Under company law the Iruslees must not approve the financial statement unless they a￿ satisfied that they give a true and fair view of the state of affairs of the charitable company and of the Incorning resources and application ol reSoUr￿s, Including the income and expenditure, ol the charit&ble company for that pedod. In preparing thè financial statements Ihe Iruslees a￿ reqUI￿d to.. select suitable accounting policles and then apply them con515tently'. observe the melhods and principles In the Charity SORP., make Judgments and accounting estimates that are reasonable and piudent,. 8nd prepa￿ the financial statements on the going COn￿M bas￿$ unless it is inappropriate lo presume that the company will continue in business. The Iruste88 are responsible for keeping adequ818 accounting records which disc1088 Wlth reasonabl8 awura¢y al anylima the financial position ol Ihe charit8b18 comp8ny and 10 8Trabl& them lo ensur8 Ihal the 8c¢ouDls comply with the Companies Act 2006. They are also responsible lor safeguaidin9 Ihe 8S881s of th8 cornpany 8nd hence for tsknng re8sonable steps for the prevention and detection of fr8ud 8nd olher irre9ularilies. The trustees are ￿ponSIble for the maintenance and Inleorily of the corporate and financial information Included on the charittsble comp8ny's webslle. Legislation in the United Kingdom governing the preparation and dlsseminatlon tsf finandal statetnenls may differ from legislation in olherjurisdiclions. Page 7

Empire Flghting Chance Trustees, Report (continued) For The Year Ended 31 October 2025 Statement of Dlsclosure of Inlormatlon to Audltors Each of th8 persons who ar8 trusle8s at th8 lime when this trusl888' report is approv8d h88 confirmed th8t.. so far as the trustee is aware, there is no relevant audit inlorm81ion ofwhi¢h Ihe charitable company's 8udilors 8r8 unaware", 8nd they have taken all the steps that they ought lo have taken as trustees in order lo make themselves aware of 8ny r818vanl audit information and lo establish Ihal Ihe charitable company's auditors are aware of that information. Small Company Rul•s This report has been prepared in accordance with the sperAal provisions relating to companies subject lo the small cornpanies regirne within Part 15 of the Companies Acl 2006. The Iru$18es' reportW85 8pprov8d by the board ortrusl8e8 and srgned gn ils beh81f by.. Katharine Wlklnson Truste8 12 March 2026 Pagè 8

Independent Audltor's Report to the Members of Empire Fighting Chance Oplnlon We have audited the financial statements Df Empire Fighting Ch8nc8 Ilhe'charity I for the year anded 31 October 2025 which comprise the Stslemenl of Financial A¢livilie$ lincluding In¢om8 and Expenditure Account}, B81anc8 Sheet, Cash Flow Statement and the ￿lated noles, including a summary of significant accounting policie8. The financlal reporting frarnework thal has been applied in their preparalion is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accouriting Practi￿}. ineluding FRS 102"The Finanaal Reporting Standard applicable in the UK and Republi¢ of Ire18nd" In our opinion the financial statements.. give a true and fair view of the slat6 of thè charitable company's affalrs as at 31 October 2025 and of its incomin9 resources and application of resources, forthe ye8r then ended., hav8 been prop8rty pr8par8d in 8ccordance with United Kingdotn Generally At￿pted Aecountlng Practiee,. and have been prepared in 8ccordanc8 Wth the requir8m8nls of th8 Companies Act 2006. Basls for Oplnlon We conducted our audit in a¢oordanc8 Wlth Inlernalional Slandaids on Auditing IUK) IISAs IUK)18nd 8ppllcable law. Our responsibilities under those standards are fvrther described in the Audilor's responsibili1188 for the 8udil of the financial 51atetnenls section of our report. We a independent ol the charitable cornpany in accordance wth the ethical requirements that are relevant to our audit of the financial stalemenls in the UK, indudino the FRC'S Ethical Standard, 8nd the prowsions available for small enlilies, in thè eircumstanees set out In note 25 to the financial stalemenls, and we have fulfilled our other elhiGg1 r8sponsibilit188 in accordance wth these requlrement5. ￿ bèlievè that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Concluslons Relating to Golng Cone•rn In auditing the fin8neial siatements, we havtr eoncluded that the trustees, use of the going concern basis ol accounting in the preparalron of the fin8ncial st8tetnents Is 8ppiopriatè. Based on the work we have performed, we have not identified any material uncertainties re18ting to &V8nt5 or conditlOll5 that, individually or eollectively, may cast significant doubl on the charitsble cornpany's abilily lo continue as a going concem for 8 period of at18ast 12 tnonth8 from when the finaneial statements are aulhorised for issue. Our responsibilities and the responsibilitl8s of th8 Irusl885 Wlth iespect to goin9 concem are described In the ￿levant sectlons of this report. Other Informatlon The other Information comprises the inlormalion included in the annual report, other than the financial stalem8nls and our 8uditoVs r8POrt Ihereon. The trustees are responsible for the other information contained within Ihe annual report. Our opinion on lh8 financial stalem8nts d08S not cover the other Infoimatlon and, except lo the extent otherwise explicitly staled in our r8POrt, we do nol expres8 any forrn of assurance conduslon thereon. In connection with our audit of the financial statements, our responsibilily is to read the olh8r information and, in doing 80. considerwhether the other information is mater￿llY inconsislenl wilh the financial slalemenls or our know18dg8 Qblained in th8 audit or othetw15e appears to be materially misstated. If we identify such material inconsistencies or apparent material rni88latem8nls, w8 8re Tequired to delettnine whether this glves rise to a material misstatement in the financial slalemenls themselves. If. based on the work w8 h8ve performed, we conclude that there is a materfal misstatement ol this olher informalion, we a￿ required to report that tsct. We have nothing lo report in this regard. Opinions on Other Mattèrs Proscrlbed by the Companles Act 2006 In our opinion, based on the work undertaken in the couis8 of the audit.. the infomialion given in the Trustees, Report. which includes the Slralegic Report and Dir8clorfs Report pr8p8red for the purposes of company law, for the financial year lor which the financial statements are prepared 1$ ¢onsislenl with th8 financial statements,. and the Strategic Report and Direclorfs Report included within the Trust888' Report h8V8 been prepared in accordance wth applirablè legal requirements. P8ge 9

Independent Auditor's Report (continued) to the Members of Empire Fighting Chance Matters on Whleh Wè Arè Requlr8d to Rèport by Exceptlon Irtr the light ol the knowledge and understanding ol the charitable cornpany and ils environment obtained in the course ol the audit, w8 have not identified material misslalemenls in the Slrategio Report orthe Director's Report included within the Tnjstees, Report. We have nothing to ￿port in respect of the lollowng matters In ￿latIOn to whlch the Comp8nles Act 2006 ￿qUIreS us to ￿port to you if, in our opinion.. adequate accounting records have not been kept or relums adequate lorour audit have not been received from bran¢he5 not wsiled by us.. or th8 financial statements are not in agreement with the ac¢ounling records or returns.. or certain dis¢losures of trustees. remuneration specified by law are not made.. or we have not received all the infomialion and explanations we require lor our audil.. or the Iruslees were not enlilled to prepare the financial statements in 8cCOrdan￿ with the small companies regime and lake advantage of the small companies, exemptions in preparing the Tfuslees, Report and from the requi￿rnent to prepare a Strategic Report. R•sponslbllltl•s of Tru¥tegs As explained more fully in the Trustees. Responsibilities Statement sel out on page 1-8, the Iruslees (who are also directors of the charitable cornpany for the purposes of company lawl are responsible lor the preparation of the f nancial slalemenls and for being satisfied that they giv8 a true and lair view, and lor such internal control as the Irustees determine is necessary lo enable the preparation ol financial slalemenls that are free frorn material misslalemenl, whether due to fraud or error. In preparing Ihe financial statements, the Iruslees are ￿spOnsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related lo going concern and uslng the going cOn￿M basls of accounting unless the trustees either intend to liquidate the charity or to ￿ase operations. or havts nts realistlc altematlve bul to do so. Page 10

Independent Auditor's Report (continued) to the Members of Empire Flghting Chance Audltor's Re8pon8ibilltles for the Audit of the Financlal Statlmènts Our objectives are to obtaln reasonable &ssurance about whether the financial stalern8ntS 8S 8 whole are tree from material misslatemenl, whether du@ to fraud or eiror, and to issue an audltor's report that includes our opinion. Reasonable a85uranc8 15 a high level of assuran￿, but is not a guarantee that an audit conducted in accordance with ISAS IUK) will a￿ayS detect a material misstatement when it exists. Mlsstatements can arise trom traud or error and are considered material if. individually or in Iho aggregate, they could reasonably be expeded to Intluonce thè treonornlc dec15ions of ustsrs taken on the basis of these financial slatem8nls. Th8 8xl8nt lo whlth our procédures arè capable of detecting Ir￿g￿larItIes, including fraud is delai18d b810w'. Irreoul8rilles. including fraud, are instances of non-complian￿ with laws and regulations. We Identlfied and assessed the risks of rnaterial misstatement of the financial statements from irregularities, wheth8r due to fraud or error, and discussed these beiween our audit team. We then deslgned and performed audit prO￿dUreS responsive to Ihose ri3k$. including obtaining 8udil evidence suffident and appropriate to promde basi5 for our opinion. oblained an understanding ol Ihe18g818nd regulatory framework5 Wlthin vthlch the charily and group operates, focusing on thos8 laws and regulations that have a di￿¢1 effect on the delemiinalion of rTr8terial amounts and dIsclosu￿$ in the financial statements. The laws 8nd regulations we considered in this context were the Charities Acl 2011 togetherwth the Charities SORP IFRS 1021. We assessed the required Compliance wlh these laws and regulations as P8rt of our 8udlt procedures on the related finanaal statement items. In addition, we considered provisions ol other laws and regu181ions th81 do not hav8 a diiect effect on the finaneial statements bul compliance ryth which mlght be fundamental to the charity's and the group's ability to OP8r818 or lo avoid a rnaterial penally. We also considered the opportunities and in￿ntiVeS that may exist within the charily and th8 group for fraud. The18W5 and regulations we considered in this conl8xt for th6 UK operations were the laws and regulations we considered in this context for the UK operatlons were General Data Protection Regulation and health ènd safety legislation. Auditing standards limit Ihe required audit proc8dur88 to identty non-cornpllance wllh theselgws and regulations lo enquiry of th8 Trustees and other management and inspection ol regulatory and18g&l correspondence, if any. W8 id8ntified the greatest risk of tnaterial Impact on the financial statements frorn irregularities, including fraud, to be wilhln the timing ol r8cognilion of incorne, piomsions and the override of eonlrols by management. Our audit procedur85 lo r&5pond to these iisks Included 8nquiri88 of managernent, internal audlt, and the AudSl Committee about their own idenlificalion and a$888srnent of the ri8k8 of Irregularities, analytical procedures and sample testing of income. sample lesling on the posting of journals, reviewng accounting estlmates for biases in particular the judgements and 8ssumptlons in respecl ol claims provisions. sample testing of movements within prO￿S1onS and inquiry of legal advisor8. r&￿ewing regulatory Corresponden￿ with the Charity Commission and other regulaloTS. and reading tninules of meetings of those ch8rged wth gov8Tll8nce. Owing to the inh&renl limTrtations of an audit. there is an unavoldable risk that we may not have deleoled som8 m81erial tnisstatements In the nancial sta18m8nls, even though we have propedy planned and performed our audit in accordance with auditing st8nd8rds. For example, the further removed non-compli8nce wth law5 and regulatlons Ilrregulariliesl is from the events and transactions r811ecled in the financial slatemenls. Ihe less likely th8 Inhe[8n￿Y lirniled pmeedures requlred by auditing standards would identify it. In addition, as wth any audlt, thero remain8d a higher risk of non-detecllon of Iiiegularitles, as these may involve collusion, forgery. inlenlional omissions, misrepresenlatlons, or the ov8rrid8 of intemal controls. We are not responsible fr>r p￿VentIng non-complian￿ and cannot be 8xpe¢led lo detect non-compllanee ￿th all laws and regulations. A further descriptlon of our responsibilities lor Ihe audit ol the financial st818m8ntS 15 located on the Flnanclal Reporting Council's website www.frc.org.ukl2udiiors￿sponslbllitles. This description forms part ol our audilorfs report. Use 01 OurReport Thi5 report Is made 501ely to t 2008. Our aud. ork has b state to the n audilo¢ anyone ot anthec opinions vè form harilable company's members, as a body. in accordance with Chapter 3 of Part 16 of the Companies Act dertaken so that we mtght slate lo the ch8ri18b18 COrnP8ny's tn8mbeis those matters that we a￿ required to and for no other purpose. To th8 fu118St 8Xt&nl permilled by law. we do not 8￿p1 or assume responsibility lo company and the charitable company's members as a body. forouT audit work, forthis report, or for the repo DavKI Ronald Sloggell FCCA (Senior Slatulory Auditorl for and on behalf ol SIogg8tt$ Limited, S181ulory Auditor 12 Maich 2026 Sloggells Limited Castle Cary Ro8d Wesl Lydlord Somerton Somer$8t TA116DS P8gè 11

Empire Fighting Chance Statement of Financial Activities {including Income and Expenditure Account) For The Year Ended 31 October 2025 2025 2024 Unrestrlcted Re$trl¢ted Total fund5 Total funds funds fund$ Notes INCOME AND ENDOWMENTS FROM: Donations and lega¢ies Charitable activities 802.449 185.430 9.033 1.699.972 2.502,421 185.430 g.033 2,105,220 196.341 Inve51mentS 996,912 1,699,972 2,696,884 2,301.561 EXPENDITURE ON= Charitable activities 1511,3191 1978,3081 11,624.0571 11,438,228) 1134,4301 Fundraising 8clivilies NET INCOME 351.163 721,664 1,072,827 863,333 NET MOVEMENT IN FUNDS 351.163 721,664 1,072,827 863.333 RECONCILIATION OF FUNDS.. Total funds brought foFW8rd 1,642,974 82,936 1.725,910 862,577 21 TOTAL FUNt)S CARRIED FORWARD 1.994,137 804,600 2.798.737 1,725.910 Th8 nole5 on page5 16 10 23 lomi part ol these finanrial slalam8nts. Page 12

Empire Fighting Chance Comparative Statement of Financial Activities {includlng Income and Expenditure Account) For The Year Ended 31 October 2025 2024 Unrestricted Restrletèd Total funds funds funds Notes INCOME AND ENDOWMENTS FROM: Donalions and legaues Charitable aclivilies 1,273,984 196,341 831,236 2,105,220 198,341 1,470,325 831.236 2,301,561 EXPENDITURE ON.. Charitable 8Ctivllie$ 1578,4481 1859,7801 11,438,228) NET INCOME 8g1.875 128,5421 B63,333 NET MOVEMENTIN FUNDS RECONCILIATION OF FUNDS: 891.875 128,5421 863,333 Total funds brought fotwaid 751,099 111,478 862.577 TOTAL FUNDS CARRIED FORWARD 21 1,642,974 82.936 1,725,910 The notes on pag88 16 to 23 lomi part of these financial $18lem8nts. Pagè13

Empire Fighting Chance Balance Sheet As At 31 October 2025 2025 2024 Unrestrl¢led Restrl¢ted Totsl funds Totsl funds funds lunds Notes FIXED ASSETS Tangible Assets 13 751,747 804,600 1,556,347 17.720 751.747 804,600 1,556,347 17,720 CURRENT ASSETS Dabtors 14 50.175 600,000 853.502 50.175 600,000 1,207,818 335.298 Inveslrnenls Cash al bank and in hand 15 354,118 2,118,058 1.503.677 354,116 1.857,793 2.453.356 Credltors: Amounts Falllng Due Within One Year 16 1261.2871 1354,1161 1615.4031 1745,1661 NET CURRENT ASSETS ILIABILITIESI 1.242.390 1.242.390 1.708,190 TOTAL ASSETS LESS CURRENT LIABILITIES 1.994,137 804,600 2.798.737 1.725,910 NET ASSETS 1,994,137 804,600 2.798,737 1.725,910 FUNDS OF THE CHARITY Reslrided Funds Unrestricted Funds 804,600 1,994,127 82,936 1,642,974 TOTAL FUNDS 21 2,798,737 1,725,910 Tne3e accounts h8ve been pr8p8red in 8ccoid8nc8 Wth th8 provisions 8ppIiGgbl8 to cornpani85 subject to the small companies regirne. On behalf of the boar(J Kalharine Wlkinson Trustee 12 March 2026 The notes on p8ges 16 10 23 form part of these financi815t8tem8nl8. Page 14

Empire Fighting Chance statement of Cash Flows For The Year Ended 31 October 2025 2025 2024 Notes Cash Itows from operating actlviti85 Nel cash gen8rated from operalions Interest paid 1,224,447 12831 547.731 12381 Net cash generated from operatlng actlwties 1.224,164 547.495 Cash flows from Investlng actlvltles Purchase of tangible assets Inte￿$t ￿ceiVed 11.543,6371 9,033 17801 Nel cash used in investing activities 11,534,604) 17801 IDecreaselAncrease in cash and cash 8quiv8lents C8sh and cash equivalents al beginning ol year 1310,4401 2.118,058 546,715 1,571,343 Cash 8nd cash equivalents at end of year 1,807,618 2,118,058 Page 15

Empire Fighting Chance Notes to the Statement of Cash Flo￿ For The Year Ended 31 October 2025 Reconciliation of in¢ome lo cash generated from operations 2015 2024 N8t incorne 1.072.827 863,333 Adjuslrn8nl8 for.. Interest expense Interest income Depreciation ol langible assets Movements in wort(ing capilal.. DeereaselllncreasBI in Iiade and othEr debtors D6cr6a8e in tiade and other credito 283 236 19,0331 5.010 5,842 285.123 1129.7631 197,6011 1224,0791 Net cash generated from operalions 1.224,447 547,731 2. Cash and cash equivalent8 Cash and e£sh equivalents. as stated in the Statement of Cash Flows, relates to the followlng Sttsm5 In the 88lanc6 Sheet.. 2025 2024 Cash al bank and in hand Short tem deposlts Includlng current asset Investments (less than 3 monthsl 1,207,618 600,000 2,118,058 Cash and cash equivalents as stsled in Ihe Slalemenl ol Cash Flows 1,807.618 2,118,058 3. Analy818 of changes In net lunds Asat1 November Cash flow Asat31 October 2025 2024 Cash al bank and in hand 2,118,058 1910.4401 600,000 1,207,618 600.000 Short terrn deposits including current asset investments (less than 3 months) Cash and cash equivalents 2,118,058 1310,4401 1,807.618 P898 16

Empire Fighting Chance Notes to the Financial Statements For The Year Ended 31 October 2025 1. Gtrngral Inloimatlon Empire Fighting Chance is a company limited by guarantee, incorporated in England & Wales. r8gisler8d nurnber 08752389 and registered charity Trurnber 1156690. The registered Offi￿ is The Mill,, Lower Ashley Road, Easlon, Brislol,. BS5 OYJ. 2. Accountlng Pollcles 2.1. Basis of Preparation of Flnancial Ststements The finan￿al slatemenls have b88n prepared in aeeordance with the Charitles SORP IFRS 1021 Accounling and Reporting by Charities.. Statement of R8commended Practice applicable to charities preparing thelr accounts in accordance wth the Financial Reporiing Standard appliGgb18 in th8 UK and R8public of Ireland IFRS 1021 leffeetive 1 January 20191" Financial Reporting Stand8rd 102"The Financial Reporting Standard applir2ble in the UK and Republic of Ireland. and the Companies Act 2006. Th8 chari18bl8 Cotnpany is a Public Benefit Entlty as defined by FRS 102. 2.2. Incomlng Resources Income. whèther from exchange or non tsxchange Iransaclions. is recognised in the $18tem8nl of financial actiwties ISOFAI on a receivable basi5, when a transaolion or other event results in an increas8 in Ihe charity's a$88ts or 8 reduction in its liabllitles and only wh8n the charity has legal enlitlemenl, the income is probable and can be measured reliably. Income subject to terms and conditions which musl b8 rn81 b8for8 the charity is enlilled to the rtr50uretrs is not recognised until th8 conditions have been met. All incorn8 is 8ccoun18d for gross, before deducting any related fees or costs. Where lerrns and Conditions r81ating lo incorn8 have not been met or uneertainty exlsts as to whether the charity can me81 any lemis or conditions olherwise wilhin ils ¢onlrol, incom8 IS not recognised but is deferred as a liabl1￿Y until it is Probable that the lerrns or conditions imposed can bg mel. Any grant thal is Subject to perfomance-￿laled conditFons received in advance ol delivering the goods and services required by that condition, or is subject to unmet conditions wholly outslde the control of the recipient charity. is accounted for 88 8 liability 8nd shown on th@ balan￿ sheet as deferred income. Deferred income is released lo income in Ihe reporting period in which the perfomance-rtslated or oth8r conditions that Ilmll recognltion are met. W)en income from a grant or donation has not been rewnised due to th8 conditlOn5 applying to the gift not beino wholly within the Control ol the re¢ipienl charity, il is disclosed as a ¢onting8nt 8ssel if Tec8lPt of the giant or donatlon Is probable On￿ those conditions met. ei6 lime related conrjitions are imposed or implied by a fvnder, then th8 income is apportioned to the tlme periods COn￿Med,and. where 8ppllcable, Is sceounled for as a liability and shown on the balance sheet as deferred income. Mhen grants are received In 8dvance of the expendllure on the aclivily funded by them. bul there are no sperific tim8 r81818d conditions, thon the income Is not def8rred. Any condition Ihal allows for the recovery by th8 donor of any unexpended part of a granl does not prevent recognition ol the income concerned, but a liability lo any repayrngnt is recognised when rep8ytnent becornes probable. Income received which relates to a muhi year obligatTron Is tlme apportroned using the besl method applicable 8nd d8ferr8d wh8re applicable. Income received which 13 given for 8 specific puip05e 15 treated as restricted ineome when allocating lo funds and matched to the expense lor which il was given or tr88t8d 8s deferred if not 5penL 2.3. Tanglble Flxed Assets and Depreclatlon Tangib18 frxed assets are tneasured at cost lèss aeeumulated depreciation and any a¢cumulal8d impairment losses. D8pr8C181ion is provided at r8188 calculated lo write off the cost of the Iixed assets, less their estimated residual value. ov8r their expecled useful lives on th8 following b8ses'. Legsehold Plant & Machinery Motor Vehicle5 Slraight line over the e51irnated term of the lease 20% slralght line basls 200% slraighl line basis 2.4. Cash and Ca8h Equhvaleni8 Cash and cash equivalents are basic finan¢ial 8ssels 8nd includ8 cash in hand 8nd deposlls held at call with banks, olher short-temi hlghly Ilquld1nvestmenls that mature in no more than three rnonlhs frotn the d8te of acquisition 8nd are readily convertible to a known amount of cash with insignificanl risk of change in valu8, and bank overdrafts. 3. Income from Donations and Legaclès P8ge 17

Empire Fighting Chance Notes to the Financial Statements {¢ontinuedl For The Year Ended 31 October 2025 2025 Unre8trict8d Rèstrlct•d Total fund¥ fund9 funds Donations 8nd gitts Grants 183,358 619,091 1,037,970 e62,002 1,221,328 1,281.093 802,449 1,899,972 2,502,421 2024 UnreBtricted Restricted Total fund8 fund8 funds Don8tions 8nd gifts Grants 816,928 457.056 293,861 537,375 1,110,789 94,431 1,273.964 831.236 2,105.220 4. Income from Chaiitablè Activltlas 2025 2024 Unrastrlcted funds Unrestrlcted funds Main 8Ctivily 185,430 196,341 5. Investmènt It)come 202S 2024 Unrestricted Unrestr4Cted funds fkEnds Bank interest receivable 9,033 6. Government Grants Gov8rnm8nl gr8nts recogni5ed in the accounts were as follows.. 2025 2024 Central govemm8nl grants 8nd contributions 3,250 7. Net In¢omellExpenditurel The net income is staled after chargingllcreditingl.. 2025 2024 Bad debts Depreda11on of tangible fixed assets. owned 360 5.010 5.842 Page 18

Empire Fighting Chance Notes to the Financial Statements {continued} For The Year Ended 31 October 2025 8. Analy51s of Exp•ndltura 2025 Actlvltles undertaken dlrectly Supportcosts (see note 91 Total Main activity 1,540,988 83,069 1.624.057 2024 Activlties undertaken dlre¢tly Support costs Isee not8 9) Total Main activity 1,350,352 87,876 1,438,228 g. Support Costs 2025 Maln actlvlty Employee ¢osl$ General admini$lr8lion 46.305 21.770 14,9g4 Governance cosis 83,069 2024 Maln aetlvlty Employee costs General administration 46,174 34,902 6.800 G0Veman￿ costs 87.876 10. Auditor's Remuneratlon Remuneralion received by th8 ch8ritable company's audltors and their associates during the year was 8s follows.. 2025 2024 Audit Services Audit of the company's financi81 s18tements 6,800 6,800 Other Servlce Other non-audit servi￿8 1.500 1,500 Page19

Empire Fighting Chance Notes to the Flnanclal Statements {continuedl For The Year Ended 31 October 2025 11. Staff Costs Staff tosls were as follows.. 2025 2024 Wages and salaries Social securily Costs Other penslon costs 961,383 87,421 15,998 932,027 68,142 16,058 1,064,802 1,014,227 The number of employees whosa efflployee benefits, excluding employer penslon costs, ex¢eeded £60.000 during Ihe year was.. £80,000-£90,000.. 2 12. Averagè Number of Employees Average number ol employees during the year was.. 4112024-. 421 13. Tangible Assets Land & Property Leasehold Plant & Machinery Motor Vehl¢les Total Cost As at 1 Nov8mber 2024 41.245 14.669 32.012 73,257 1,543,637 Acldilions 1,528,968 As at 31 October 2025 1.528,è68 55,914 32,012 1,616,894 Depre¢latlon AS 31 l November 2024 Provided during the period 29,041 3,631 26,496 1,379 55.537 5.010 AS 8131 October 2025 32,672 27,875 60,547 Net Book Value As 8131 October 2025 1,528,968 23,242 4,137 1.556.347 As at 1 November 2024 12,204 5,516 17,720 No depr8cialion has been provided on tlie Leasehold pioperty durino Ihe year as the prole¢l complalion dale and handover was 31 October 202S, and Ihe new annexe wasnt occupied unlil after the year end. 14. Debtors 2025 2024 Due withln one year Trade deblors 16.590 33.585 25,245 310.053 Other debtors 50,175 335,298 15. Current Asset Inveslments 2025 2024 Short term d8posi1s 600,000 Page 20

Empire Flghting Chance Notes to the Financial Statements (continued) For The Year Ended 31 October 2025 16. CTedltors'. Amounts Falllng Due Wilhln One Year 202S 2024 Trade credltors 87,293 20,270 507,840 57,238 12,375 675,553 Taxallon and social security Aeciuals and defeired ineome 615,403 745,168 17. Deferred Income Deferred income movements in the yearwere as follows.. 2025 2024 Balance al the start of Ihe perioEI Income deferred in the current period Amounts released in income Irorn previous periods 659.645 488,458 1659,6451 898,956 659,645 18g8,9561 Balance al th8 end of th8 P8ri0d 488,458 659,645 18. Contlngent Llabllltles The English Sports Council holds a legal charge over the charitys leasehold property which was giv8n in exchange for an award of £360.000. Th8 chaige would be èxecuted If the leasehold properly fails lo be used for the purposg ol the ¢h8ri18b18 objectives in particular, Ihe sportlng 8nd wellbeing 81ernents. 11 Ihe ch8rity w88 lo clos8, there would be redundancy payments. holiday pay and pension contributions to pay. As il is not forse8n the charily n8eds to do$tr. thèse have not been provided for. 19. Other Commltments The lolal ol fiJlur8 minimum lease paymenls under non-cAnc8118ble operatlng leases are as followng.. 202S 2024 Later than one year and not later Ihan five years 12.380 18,996 12,380 18,996 The eharity ￿ntS leasehold premises trom Bristol City Council. One part of the property Is on a 34 year lease granted in 2024 at the rent ol one pepp8rcom per year. The second part of the pioperty is on 8 999 year lease granted in 2024 al Ihe rent of one peppercom peryear. 20. Penslon ¢ommltments The eharilable company operates a defined conlribulion pension scheme. The assets of the scheme are held separately from those ol the charitable ￿MpanY In an independenlly administered fund. During the ye8r the charge lo Ih8 s18ternent of financial aelivitles in ￿SpeCt of defined conlribulion schemes w8s £1 S,99812024: £18,058). At the b8larn￿ sheet dale conlributions of £NIL were due lo the fund 8nd are induded in cieditOTS. P8ge21

Emplre Fighting Chance Notes to the Financlal Statements (continued) For The Year Ended 31 October 2025 21. Movement In Fund8 Asatl November 2024 A38t31 October 2025 Income Expendlture Transfers Unrestrlcted funds General.. General unrestrlcted fund 1,642,974 996,912 1645,7491 11,494.3601 499.777 D85ignated-. Designated fund - Built buildings In use Designated fund - Buildlng development fund Designated fijnd - International programme fund Designated fvjnd - Comrnunily facilitie5 fvnd 724,360 400.000 120,000 250,000 724,360 400,000 120,000 250,000 1.494,360 1,494,360 Total unrestrlcted fund3 1.642,974 996,912 1845,7491 1,994,137 Rostrlcted funds Restrided funds 82,936 1.699,972 1978.3081 804,600 Total funds 1,725,910 2.696.884 11,624,057) 2.798,737 Asat1 November Asat31 October 2024 2023 Incomè Expendlture Unrestrlcted funds Gener81'. General Un￿striCted fund Restricted funds Restricted fijnds 751,099 1,470,325 {578.4501 1.642,974 111.478 831,238 1859.7781 82,936 Total fund$ 862.577 2,301,561 11,438,228) 1.725,910 22. Tran5actlons wlth Trustees None ol Ihe trusle8s received any remuneration or any other benefils from an ernployrnentwth the charity or a ￿lated enlily dunno the current or previous year. No Iwslee expenses have been incurred. 23. Related Party Dls¢losures Bristol Boxing. a company in which the COO, Mr Jamie SarTrigar has an interest rented part ol the building. The Fent charged amounted to £12,000 and was on an arms18nglh ba81S. 24. Company Ilmlted by guarantee The cornp8ny Is lirniled by guarantee and has no share capital. Every member of the company undertakes lo conlribul8 to Ihe 8ssets of the wmpany, in the event ol a winding up. such 8n amount as msy be requi￿￿ not exceeding £10. Page 22

Empire Fighting Chance Notes to the Financial Statements IcontTnued) For The Year Ended 31 October 2025 25. FRC'3 Ethical Standard- Provlslon Avallabl& for Small Entltles In common wilh other businesses of our size and natu￿ we use OUT auditors lo prepare and submit retums to the lax authorities and assist wilh the preparation ol the financial slalemenls. Page 23

Empire Flghtlng Chance Detalled Statement of Flnancial Activities {including Income and Expenditure Account) For The Year Ended 31 October 2025 2025 2024 Total funds Totsl funds INCOME AND ENDOWMENTS FROM: Donatlons and legacles Corporate donation5 Donations frorn individu81s Donations from oryani8atrons Grants Government Grants 92,841 136,316 992,171 1,277,843 3,250 47,035 760.643 303,111 994,431 2.502,421 2,105.220 Charltable Actlvltles: Main actlvlty Income from charitable activities Letting of rooms 173,430 12,000 185.141 11,200 185,430 196.341 Investments Bank Intere8t receiv8b18 9,033 9,033 2,698,884 2,301,561 EXPENDITURE ON.. Gharitable Activlties- Maln aetlvlty Kil and ¢lolhing purchased and hI￿d Wages and salaries Employers Nl Employers pensions- defined conlribution schemes Travel and subsistence expenses Hire and leaslng of motor vehlcle5 Con5ullancy fees Vehlde iunning costs Vehicle fuel costs 19,471} 1915,078) 187,421) 115,998} 173,299) 16,2451 1242,180} 14,8551 13,6621 155,0061 122,5521 15,4801 119,7481 12,8781 14,2251 1885,8531 188,1421 118,0581 136.9911 16,1581 1172,0011 15,IS11 13,3231 154,4031 116,0481 19,7901 111,8431 11,1351 13601 154,7931 15,8421 12361 146,1741 ..CONTINUED Premises costs Compuler sofware. IT consumables and maintenance Repairs, renewals and maintenance Insurance Printing. postage and stationery Bad debts written off Olher direct eosls Dep￿claI10n Bank eharges dges and salaries 172,0221 15,0101 12831 146,3051 P8g8 24

Empire Fighting Chance Detsiled Ststement of Financial Activities {including Income and Expenditure Account) {continuedl For The Year Ended 31 October 2025 Advertlslng and marketing costs Accountancy feè5 Audit fe88 114,9701 16,8001 114.9941 120,0541 114,8481 16,8001 11.624,0571 11,438,228) 11.624.057) 11,438,228) NET INCOME 1,072,827 863,333 Paae 25