Company Number 08559364
Registered charity number 1156996
The Wimbledon Foundation
Annual Report and Financial Statements
For the year ended 31 July 2025

The Wimbledon Foundation
Annual report and financial statements 2025
Contents
Page
Officers and professional advlsers
Tru8tees' report
Trustees, responsibilities statement
Independent audltorfs report
10
Slatement of flnanclal actlvltles
14
Balance sheet
15
Cash flow statement
16
Notes to the flnanclal statemènts
17

The Wimbledon Foundation
Annual report and financial statements 2025
Officers and professional advisers
Directors and Trustees
The Hon. H B Weatherill FCA (Chairman)
Sir Keith Ajegbo
N A Bitel Ilndependent Trustee)
K J Havelock
l L Hewitt MBE resigned 5 March 2025
D A Jevans CBE
A V Keolhavong MBE
R V Shaw {Independenl Trustee) appointed 21 May 2025
Sir Nicholas Young (Independent Trustee)
Registered Office
The All England Lawn Tennis Club
Church Road
Wimbledon
London
SW19 SAE
Bankers
Barclays Bank plc
1 Churchill Place
Canary Wharf
London
E14 5HP
Auditor
Deloitte LLP
Statutory Auditor
1 New Street Square
London
EC4A 3HQ

The Wimbledon Foundation
Trustees, report
The Trustees, who are also directors for the purposes of the Companies Acl 2006, present theii report
containing the Trustees, report and the audited financial statements for the year ended 31 July 2025.
The Trustees have prepared this report in accordance with the small companies regime and laken
advantage of the small companies exemption from preparing a strategic report.
1. Incorporation
The Wimbledon Foundation {"the Foundation") was formed on 6 June 2013 as a company limited by
guarantee. It registered as a charity in England and Wales on 9 May 2014 with registered number
1156996, governed by Articles of Association.
The Trustees are responsible for setting the Foundation's strategy and objectives and for overseeing its
performance.
2. Purposes and Aims
The Wimbledon Foundation's purposes and aims are contained in the company's Memorandum of
Association. These are..
the advancement of education, including physical educalion and personal development of
young persons through sport.,
the promotion of community participation in healthy recreation by providing or supportSng the
provision of facilities for playing iennis or other sports and by organising sporting activity, and
the relief for Ihose in need by reason of youth, age, ill health, disability, financial hardship or
other disadvantage.
The Foundation's mission is to champion opportunity for all, using the collective strength of The All
England Club and The Championships to make a Positive difference to people's lives.
The Foundation's purposes and aims are articulated in the following four goals..
Strengthenlng our local communlty- tackling social disadvanlage in Merton and Wandsworth.
Promoting healthy and active lives - advancing good mental and physical health for all.
Inspiring the next generation creating opportunities for young people lo learn valuable skills
for life.
Responding in times of need - making a dIffe￿nCe to those facing adversily.
The Foundation has continued to develop its grant programme and make donations in line with these
goals. More details of the grants we made are shown in note 8.
The Trustees meet regularly throughout the year to determine the areas of focus and strategy for the
Charity. They receive reports from the management team of The All England Lawn Tennis Club
{Championships) Limited for information on initialives which the charity may wish to support. The
Foundation leam have visited a range of local and national projectsand charities to provide the Trustees
with sufficient and appropriate information to guide their strategy.
3. Public benefit
The Trustees have laken into account the Charity Commission's general guidance on public benefit in
reviewing the aims and objectives of the Foundation. The Trustees ensure the activilies undertaken,
and future plans, are in line with the Foundation's aims and objectives
The community activities and educational aspects of the Foundatson's wort< are, by their nature, in the
public benefit. These activities seek to promote better understanding of long term health and
wellbeing, as well as promoting healthier lifestyles.

The Wimbledon Foundation
Trustees, report (continued)
4. Business review
Donations continued lo be received from The All England Lawn Tennis Club (Championships) Limited
and The All England Lawn Tennis & Croquet Club Limited in the year, including donations from Ticket
Resale and reusable cup activities during The Championships. A substantial donation was received from
Barclays Bank plc who have committed to supporting Ihe Foundation having become an Official Partner
lo The Championships in 2023. Donations were also received from Keith Prowse Hospitality and
Members of The All England Lawn Tennis & Croquet Club Limited and members of the public through
JustGiving.
As a result, the donations received in the year weie higher than the prior year and secured the ability to
make donations and grants over at least the next 12 months from the date of signing the financial
statements.
The Foundation continued to grow during the year, with £4,762.000 (2024.. £4.539,000) expended on
charitable activities during the financial year.
Strengthening our local community
During the year, grants and donations of £1,081.000 (2024.. £1,116,0()J) were awarded to charities and
community organisations in Merton and Wandsworth. largely Ihrough The Wimbledon Foundation
Communily Fund which is managed by the London Community Foundation.
Promoting healthy and active lives
The Foundation has continued Its partnership with WaterAid, as part ofthe goal to promote healthy lives
gianling £550,000 {2024.' £550,000) enabling WaterAid lo transform healthcare facilities in Ethiopia,
Nepal, Madagascar, Malawi and Mali with water, sanitation and hygiene ("WASH"). The funding is also
supporting WaterAid to develop guidance and resources on WASH and infection prevention and control.
The Health and Wellbeing fund granted £200,000 (2024. £225,000) to local charities as part of Ihree-
year grants lowards projects aimed at addressing mental and physical health issues across Merton and
Wandsworth. The Get Set, Get Active Fund granted £91,000 (2024.. £91,000) lo local organisations and
clubs for projects aimed at encouraging people to be more physically active.
Inspiring the next generation
The Foundation continued to expand its 'Set for Success, programme, contributing £1,338,000 (2024..
£1,018,000) to its national programme run in partnership with the Youth Sport Trust, using sport to
improve young people's wellbeing and future opportunities. The programme works wilh young people in
schools, across a ￿0-year personal development curriculum including sessions delivered by
inspirational athlete mentors, taking part in sport and physical activity, as well as volunteering in the
community. During the year, 1,274 pupils across 81 schools took part in the programme, with 39 5choo15
delivering year one and 42 schools delivering yeartwoofthe programrne Overfour years the programme
aims to engage up to 3,960 pupils across 150 schools.
The Wimbledon Junior Tennis Initiative {"WJTI"} had a full year of aclivities working wilh 54 primary
schools in Merton and Wandsworlh for six-week periods and engaging around 4,700 children. In addition,
346 children attended free weekly training sessions learning at the AELTC'S Raynes Park Community
Tennis Cenlre.

The Wimbledon Foundation
Trustees, report {continued)
4. Business revlew (continued
Responding in times of need
The Foundation donated £150,000 to the British Red Cross (2024.. £200,000} to provide support for those
impacted by crises around the world, including in Ukraine an(1 Middle Easl.
The Foundation continued to support Crisis with their work with the homelessness with a grant of
£270,000 in the year (2024- £270,000) and continued their Homeless Fund of £160,000 {2024-
£160,000).
S. Financlal revlew
In the year there was net expenditure of £92,000 (2024. nel expenditure £172,000> In 2025. the
Foundation set a deficit budget to ensure its free reserves were being utilised to support the expansion
and development of its grant programmes.
Donations received were higher Ihan Ihe previous years as a result of an increase in annual donations.
The All England Lawn Tennis Club (Championships) Limited made an annual donation of £1,350,000
{2024'. £1,225,000). The All England Lawn Tennis & Croquet Club Limited donated £1,350,000 (2024..
£1,225,000) towards the Foundation's activities and £300,000 (2024. £275,000) which the Foundation
has used for the WJTI. This, along with continued donation from Barclays of £1,000,000 (2024..
£1,000,000), has resulted in total income of £4,559,000 being recorded in the year {2024. £4,267,000).
Throughout the year the Foundation has continued its grants and donations programmes, with a focus
on the local communily as well as existing partnerships with total expenditure on charitable activities of
£4,762,000 (2024.. £4,539,000).
Al 31 July 2025 the Foundation held an unreslricted fund of £1,495,000 (2024.£1,587,0001.
6. Investment policy and performance
Reserves intended for long-term objectives are invested in unitised funds and held for the purpose of
capital growth over the longer term.
Since 29 July 2022, the Foundation's inveslments have been held in Baillie Gifford's Sustainable Growth
Fund which ensures investments consider Environmental. Social and Governance I'ESG,) factors, whilst
delivering capital growth. The fund invests in sustainable growth companies and mitigates ESG risks by
applying 'sin seclor" exclusions and focuses on companies which are a net beneffil to society. The
investment value al 31 July 2025 was £959,000 (2024.. £885,000)- The change is a result of the fair
value movement within the underlying porlfolio which Increased by £74,000 (2024.. increase of £62,000).

The Wimbledon Foundation
Trustees, report (continued)
7. Reserves policy
The Foundation recognises the need lo hold sufficienl funds to allow ongoing funding of wmmitled
projects ané grants should the Foundation's income fall. This need is balanced againsi the Sirong
commitment lo ongoing support and donations from both The All England Lawn Tennis & Croquet Club
Limited and The All England Lawn Tennis Club (Championships) Limited.
The Foundation aims to maintain its expenditure on charitable activities over time to ensure that new
activities are suslainable and can be evaluated against the Foundation's objeclives. In years where
large one-off donations are re￿iVed this may result in a surplus being generated, followed by a deficit
operational budget in subsequent years. In the medium term a balanced operational budget will be
operated.
The Foundation operates a risk based reserves policy, which aims to hold a sustainable level of funds
which would be sufficient to deal with a major risk such as a sudden and significant loss of funding. 11
would also cover any governance or winding down costs ass¢xiated with the reduction of activities. As
at 31 July 2025 the sustainable level of funds required was £1.257,000 {2024.. £1,227.000}.
At 31 July 2025 the Foundation had unreslricled funds of £1,495.000 (2024.. £1,587,000). The fund
designated to leadership in Wandsworth was fully spent in the year with a year end balance of£nil12024:
£13,000).
The level of free reserves that were unrestricted and in excess of the funds required for short term
commitments were £238,000 (2024. £360,000) There were no restricted funds at 31 July 202512024..
£nill.
8. Going concern
The Trustees believe that the Foundation has adequate resources, including unrestricted funds held at
the year end, to continue ils operations and meet ils commitments for at least the next 12 months from
date of signing the financial statements. Trustees do not commit to new expenditure orgrant programmes
unless they are confident that there is sufficient certainty of income or reserves in place to cover that
expenditure (see note 1).
9. Related parties
The Foundation is limited by guarantee and its sole member is The All England Lawn Tennis & Croquet
Club Limited. The majority of the Trustees are also directors of that company and of that company's
subsidiary, The All England Lawn Tennis Club {Championships) Limited. The Foundation has a close
relationship with both The All England Lawn Tennis & Croquet Club Limited and The All England Lawn
Tennis Club (Championships) Limited and intends to work closely with both companies to deliver its
charitable objectives over the forthcoming years. The Foundation remains independent, has three
independent Trustees on its board. and manages any Independen￿ considerations that may arise.

The Wimbledon Foundation
Trustees, report (continued)
10. Internal controls and risk management
The Trustees have determined that the key risks and uncertainties facing the charity are..
Insuffi'cient donalions to match on-going expenditure
Grants or donations made do not match the charitable objectives and strategy of the Foundation
The Trustees acknowledge that a substantial part of the Foundation's income comes from donations
made by its sole member, The All England Lawn Tennis & Croquet Club Limited and by its subsidiary
The All England Lawn Tennis Club (Championships) Limited. The Trustees work closely with these
companies to secure these annual donations and a formal Memorandum of Understanding is in place.
Donations are received in instalments throughout the year.
As giants and donations are made, the Trustees monitor and evaluate the benefits delivered, to ensure
that these grants and donations continue io malch the charilable objectives and strategy of the
Foundation.
The Trustees hold regular board meetings 2nd actively manage the risk register to monitor and manage
risks arising. All risks are managed through budgetary and grant making controls and review of
management accounts at each board meeting.
11. Grant making policy
The Trustees andlor delegated panels hold regular meetings io approve significant grants or donations.
The Wimbledon Community Fund allows groups based in Wandsworth and Merton to apply for grants.
The criteria for successful applicants are described on the website. Specific budgets are set up for grant
programmes. Each application is reviewed against the funds available. the Foundation's objectives and
the grant programme requirements as appropriate. The Trustees have set delegated authority limits and
all expenditure is reported lo the board through management accounts'NJ information during their regular
meetings,
One-off granls and donations are made to reflect specific project outpuls and needs gaps. Strategic
mulli-year grants are made to groups to run longer-term projecls, develop programmes, or to enable
organisational development or a combinalion of these elements. Imiere a grant is paid in multiple
instalments or over multiple years. the expenditure is recognised at the point at which the beneficiary
meets the repoiting requirements, which include scheduled progress reports and updates on expenditure
lo receive the next instalment.
12. Connections to a non-charity
The Trustees have applied the Charity Commission guidance regarding connections to a non-charity and
confirm that they have addressed the risks of any connections. They regularly monilor the connections
lo non-charities namely its conneclions wilh The All England Lawn Tennis Club (Championships) Limited,
lo ensure that the Foundalion's resources are not applied to advance any non-charitable interest.
13. Key performance indicators
The Foundation considers a range of quantitative performance measures to gauge the impact of its
activities and donations including the number of people who benefit directly from the various grants and
donation programmes. It also considers the number of children who are engaged in programmes via
sport including tennis, either through nalional iniliaiives such as Sel for Success or local initiatives such
as the Wimbledon Junior Tennis Iniliative. The Trustees receive regular monitoring reports and are
saiisfied that grant fund5 are being used in line with the initial gfant request and any conditions stipulated.
In addition quality performance measures are used to evaluale the success of grant programmes and
the use of the funds by the recipients.
The Trustees have agreed budgets which permit expenditure in eX￿s5 of revenue but are in line with its
reserves policy, as rese￿e$ have been built up over lime to be expended on charitable activities. It is
expected that all income received is speni on &ts'viiies and associated support costs that meet the
Foundation's objectives.

The Wimbledon Foundation
Trustees, report (continued)
14. Future plans
During the next financial year the Foundation expects to continue to re￿1ve donations from both The All
England Lawn Tennis & Croquet Club Limited and The All England Lawn Tennis Club (Championships>
Limited, along with donations from Official Partners to The Championships including Barclays Bank plc.
11 anticipates that donations relating to Championships activities, including funds re￿iVed from the resale
of show court tickets will continue in 2026.
The donations will be used to fund the Foundation's aclivities including providing grants and donations
to projects in line with the Foundation's fourgoals. In addition to continuin9 to fund grants focused around
the local community of Merton and Wandsworth, Ihe Foundalion will expand its national'set for suc￿SS,
programme.
As the Foundation's activities develop, it is possible that addits'onal Trustees may be appointed.
Appointment of additional Trustees is through a careful selection process, which considers the skills and
experience of the board as a whole and may involve interviews with existing board members.
15. Directors and Tru8tee8
The Trustees who served throughout Ihe year and to the date of this report, are:
The Hon. H B Weatherill FCA
Sir Keith Ajegbo
N A Bitel (Independent Trustee)
K J Havelock
l L Hewitt MBE resigned 5 March 2025
D A Jevans CBE
A V Keolhavong MBE
R V Shaw (Independenl Trustee) appointed 21 May 2025
Sir Nicholas Young (Independent Trustee)
All Trustees are directors for the purposes of the Cornpanies Act 2006. The Foundation has made
qualifying third party indemnity provisions for the benefit of its directors which were made during the year
and remain in force at the date of this report. Trustees are appointed by The All England Lawn Tennis
& Croquet Club Limited following discussion and recommendalion by the existin9 Trustees. Trustees
receive no remuneration for their services.
New Trustees receive an induction from key members of the Foundation team, including information on
the goals and mission of the Foundation and details of grant making and beneficiaries as well as training
specific to their role. The board believes il is important to have a mix of Trustees with legal, charity,
business and sporting backgrounds, as well as independent trustees. In addition, the Trustees may ask
individuals whom they consider have appropriate qualifications and experience to attend board meelings.
The Trustees are responsible under the Foundalion's article5 of association for supervision, direction
and overall management of the affairs of the Foundation in accordance wilh corporate and charity law.
Day-to-day management of the charity is delegated by the Trustees to the Head of Foundation or olher
suitable managerial staff member. The Trustees are kept informed of best practice relating to
performance of duties by Trustees, including guidance issued by the Charity Commission.

The Wimbledon Foundation
Trustees, report (continued)
16. Employee consultation and disabled employees
Permanent employees, time is donated by The All England Lawn Tennis Club (Championships) Limited.
Applications for efflployment are under the policies held by The All England Lawn Tennis Club
{Championships) Lifflited, including ensuring Ihat where applications are made by disabled persons they
are always fully considered, bearing in mind the aptiludes of the applicant concerned. In the event of
members of staff becoming disabled every effort is made to ensure Ihal their employment wilh the
company continues and Ihat appropriate training is arranged. It is the policy of the company thal the
training, career development and promotion of disabled persons should, as far as possible, be identical
to that of other employees.
The Trustees communicale with the employees recruited for the Foundation as and when required in
their roles. Specifically employees working for the WJTI are provided with information through their
manager on the Foundation's goals, the role of the WJTI and the importance of the scheme in support
of the Foundation's goals.
During the year, the policy of providing employees with informaiion hasconlinued through internal media
melhods in which employees have also been encouraged to present their suggestions and views.
Regular meetings are held be￿een management and employees lo allow a free flow of information and
ideas,
17. Auditor
Each of the persons who is a director at the date of approval of this report confirm5 that=
so far as the director is aware, there is no relevant audit information of which the Foundation's auditor
is unaware., and
the director has taken all the steps that he or she ought to have taken as a director in order to make
himself or herself aware of any relevant audit information and to esiablish that the auditor is aware of
that information.
This confirmation is given and should be interpreted in accordan￿ with Ihe provisions of s418 of the
Companies Act 2006.
Deloitte LLP were appointed as auditor on 6 June 2013 and have expressed their willingness to accept
reappoinlment as auditor for a further term in accordance with the provisions of the Companies Act 2006.
This report was approved by the board of directors on 1 October 2025 and signed on ils behalf by..
R G Atkinson FCMA
Secretary
1 Oclober 2025
Church Road
mbledon
London
SW19 SAE

The Wimbledon Foundation
Trustees, responsibilities statement
The Trustees (who are also directors of The Wimbledon Foundation for the purpose5 of company law)
are resporbsible for preparing the Trustees, Annual Report and the financial statements in accordance
with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted
Accounting Practice) including FRS 102 "The Financial Repo￿.ng Standard applicable in the UK and
Republic of Ireland"
Company law requires the Trustees to prepare financial statements for each financial year which give a
true and fair view of the state of affairs of the charitable company and of the incoming resources and
application of resources, including the income and expendilure, of the charitable company for that year.
In preparing these financial statements, the Trustees are required to..
select suitable accounling policies and then apply them consistently-
obseNe the methods and principles in Ihe Charities Statemeni of Recommended Practice.,
make judgments and estimates that are reasonable and prudent:
state whether applicable UK Accounting Standards have been followed., and
prepare the financial statements on the going concem basis unless it is inappropriate to presume
that the charitable company will conlinue in business.
The Trustees are responsible for keeping adequate accounting iecords that disclose with reasonable
accuracy at any time the financial position of the charitable company and enable them to ensure thai the
financial statements comply with the Companies Acl 2006. They are also responsible for safeguarding
the assets of the charitable company and hence for taking reasonable steps for Ihe prevention and
detection of fraud and other Irregularities.
The Trustees are fesponsible for the maintenance and inlegrity of the corporale and financial
information included on the Foundation's website. Legislation in the United Kingdom governing the
preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Independent auditor's report to the members of
The Wimbledon Foundation
Report on the audit of the financial statements
Opinion
In our opinion the financial statements of The Wimbledon Foundation (°Ihe charitable company")..
give a true and fair view of the state of the charitable company's affairs as at 31 July 2025 and of
its incoming resources and applicalion of reSoUr￿s, Including its income and expenditure, for the
year then ended,.
have been properly prepared in accordan￿ with Uniled Kingdom Generally Accepted Accounting
Practice, including Financial Reporting Standard 102 'The Financial Reporting Slandard applicable
in the UK and Republic of Ireland"" and
have been prepared in accordance with the requirements of the Companies Act 2006.
We have audited the financial statements which comprise..
the stalement of financial activities (incorporating an income and expenditure account).,
the balance sheel.,
the cash flow statement, and
the related notes 1 to 20.
The financial reporting framework that has been applied In their preparation is applicable law and United
Kingdom Accounting Standards, including Financial Reporting Standard 102 °The Financial Reporting
Standard applicable in the UK and Republic of Ireland- (United Kingdom Generally Accepted Accounting
Practice),
Basis for oplnlon
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UK)) and
applicable law. Our responsibilities under those standards are further described in the auditols
responsibilities for the audit of the financial slaiemenls section of our report.
We are independent of the charitable company in accordance with the ethical requirements that are
relevant lo our audit of the financial statements in the UK, including the Financial Reporling Council's (the
'FFIC's'l Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these
requirements. We believe thal the audit evidence we have obtained is sufficient and appropriate to provide
a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the Trustees, use of the going concern basis
of accounting in the preparation of the financial statements is appTopriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events
or conditions that. individ ually or collectively. may cast significant doubt on Ihe charitable company's ability
to continue as a going concern for a period of at least twelve months from when the financial statements
are authorised for issue.
Our responsibilities and the responsibilities of the Trustees with respect to going concern are described In
Ihe relevant sections of this report.
10

Independent auditor's report to the members of
The Wimbledon Foundation (continued)
Other information
The other information comprises the information included in the annual report, other than the financial
statements and our auditor's report thereon The Trustees are responsible for the other information
contained within the annual report. Our opinion on the financial statements does not cover the other
information and, except to the extent otherwise explicitly stated in our report, we do not express any form
of assurance conclusion thereon.
Our responsibility is to read the other information and. in doing so, consider whether the other information
is malerially inconsistent with the financial statements or our knowledge obtained in the course of the audit.
or otherwise appears to be materially misstated. If we identify such material inconsislencies or apparent
material misstatements. we are required to determine whether this gives rise lo a material misslatement in
the financial statements themselves. If, based on the work we have performed, we conclude that there is a
material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
Responsibilities of Trustees
As explained more fully in the Trustees. responsibilities statement, the Trustees (who are also the directors
of the charitable company for the purpose of company law) are responsible for the preparation of the
financial statements and for being satisfied that they give a true and fair view, and for such internal control
as the Trustees determine is necessary to enable the preparalion of financial statements that are free from
material misstatement, whether due to fraud or error.
In preparing the financial statements, the Trustees are responsible for assessing the charitable company's
ability to continue as a going concern, disclosing, as applicable, matlers related lo going concern and using
the going concern basis of accounting unless the Trustees either intend to liquidate the charilable company
or to cease operations, or have no realistic alternative but to do so.
Auditor's responslbllities for the audlt of the flnanclal statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are
free from material misstatement, whether due to fraud or error, and to issue an auditor's report that
includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an
audit conducted in accordance with ISAS (UK) will always delect a material misstatement when it exists.
Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate,
they could reasonably be expected to influence the economic decisions of users taken on the basis of
these financial statements.
A further description of our responsibililies for the audit of the financial statements is located on the FRC'S
webslte al. ￿W.frc.0r
. uklauditorsres
onsibilities. This description forms part of our auditor's report.
Extent to which the audit was considered capable of detecting irregularities, including fraud
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design
procedures in line with our responsibilities. outlined above, to detect material misstatements in respect of
irregularities, including fraud. The extent to which our procedures are capable of detecling irregularities,
including fraud is detailed below.
We considered the nature of the charitable company's industry and its control environment, and reviewed
the charitable company's documentalion of their policies and procedures relating lo fraud and compliance
with laws and regulations. We also enquired of management and the Trustees aboul their own
identif ication and assessment of the risks of irregularities, including those that are specific to the charitable
company's business sector.

Independent auditor's report to the members of
The Wimbledon Foundation (continued)
We obtained an understanding of the legal and regulatory framework that the charitable company operates
in, and identified the key laws and regulations that..
had a direct effect on the determination of material amounts and disclosures in the financial
statements. These included the UK Charities Act and the UK Companies Acl., and
do not have a direct effect on the financial statements but compliance with which may be
fundamental to the charitable company's ability to operate or to avoid a material penalty. These
include the Charity Commission for England and Wales (Charity Commission) regulations.
We discussed among the audit engagement team regarding the opportunities and incentives that may exist
within the organisation for fraud, and how and where fraud might occur in the financial statements.
As a result of performing the above, we identified the greatest potential for fraud in the following area, and
our procedures performed to address it are described below..
Income recognition..
We obtained an understanding of relevant controls. We reviewed the bank statements during the
period to assess the completeness and accuracy of income recognised. We have also reviewed
the available board minutes to assess the completeness of income recognised. We reviewed
supporting documentation and board minutes to ensure appropriate classificalion of donations as
restricted or unreslricted.
In common with all audits under ISAS (UK), we are also required to perform specific procedures to respond
to the risk of management override. In addressing the risk of fraud through management override of
controls, we tested the appropriateness ofjournal entries and other adjustments,. assessed whether the
judgements made in making accounting estimates are indicative of a potential bias., and evaluated the
business ralionale of any significant transactions that are unusual or outside the normal course of
business.
In addition to the above. our procedures to respond to the risks identified included the following..
reviewing financial stalement disclosures by testing to supporting documentalion to assess
compliance with provisions of relevant laws and regulations described as having a direct effect on
the financial statements.,
performing analytical procedures to identify any unusual or unexpected relationships that may
indicate risks of material misstalemenl due to fraud,
enquiring of management and legal counsel concerning actual and potential litigation and claims,
and inslances of non-compliance with laws and regulations., and
reading minutes of meetings of those charged with governance.
Report on other legal and regulatory requlrements
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audrt.
the information given in the Trustees, report, which includes the directors, report prepared for the
purposes of company law for the financial year for which the financial slatements are prepared is
consistent with the financial statements; and
the directors, report included within the Trustees, reFY)rt has been prepared in accordance with
applicable legal requirements.
In the light of the knowledge and understanding of the charitable company and its environment obtained in
the course of the audit, we have nol identified any material misslatements in the directors, report included
within the Trustees, report_
12

Independent auditor's report to the members of
The Wimbledon Foundation (continued)
Matters on which w8 are required to report by exception
Under the Companies Act 2006 we are required to report in respect of the following matters if, in our
opinion..
adequate accounting records have nol been kept, 01 reiums adequate for our audit have not been
received from branches nol visited by us. or
the financial statements are not in agreement with the accounting records and returns; or
certain disclosures of Trustees, remuneration specified by law are not made., or
we have not received all the infonnation and explanations we require for our audit.
the Trustees were not entitled to prepare the financial statements in accordance with the small
companies regime and take advantage of the small companies exemption in preparing the
Trustees, report and from the requirement to prepare a strategic report.
We have nothing to report in respect of these matters.
Use of our report
This report is made solely to the charitable company's membeTS. as a body. in accordance with Chapter 3
of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the
charitable company's members those matters we are required to slate lo them in an auditor's report and
for no other purpose. To the fullesl extent permitted by law. we do not accept or assume responsibilily to
anyone other than the charitable company 2nd the charitable company's members as a body, for our audit
work, for this report, or for the opinions we have formed.
Claire Faulkner FCA (senior statutory auditor)
For and on behalf of Deloille LLP
Slalutory Auditor
London, United Kingdom
1 October 2025
13

The Wimbledon Foundation
Statement of f inancial activities
(incorporating an income and expenditure account)
Year ended 31 July 2025
2025
£000
2024
£000
Notes
Income
Donations
4,559
4,267
Tolal Income
4,559
4,267
Expendlturé
Charitable activities
(4,762)
(4,539)
Nel expenditure before investment gains
(203)
(272)
Finance income
Nel investmer)t gains
37
74
38
62
Net expenditure for the year
(92>
(172)
Reconciliation of funds
Funds brought forward
1,587
1,759
Total funds
14
1,495
1,587
All funds are unrestricted.
The statement of financial activities includes all gains and losses recognised in the year and accordingly no
separate statement of toial recognised gains and losses is presented.
All income is derived from continuing activities in the United Kingdom.
14

The Wimbledon Foundation
Balance sheet
As at 31 July 2025
2025
£000
2024
£000
Note
Fixod assets
Investments
11
959
885
Current assets
Debtors
Cash at bank and in hand
12
236
363
229
540
599
769
Creditors: amounts falling due within one year
13
(63)
(671
Net current assets
536
702
Net assals
1,495
1,587
Funds of the Foundatlon
Restricted fund
Unrestricted fund
14
14
1,495
1,587
Total funds
1,495
1,587
The accounts have been prepared in accordancewith the special provisions applicable to companies subject
to the small companies regime.
These fi'nancial statements of The Wimbledon Foundation, company number 08559364, were approved and
authorised for issue by the board of Trustees on l October 2025 and signed on ils behalf by..
The Hon. H B Weatherill FCA
Chairman
15

The Wimbledon Foundation
Cash flow statement
Year ended 31 July 2025
2025
£000
2024
£000
Note
Net cash flows from operatlng activities
17
(214)
(254)
Cash flows from investing activities:
Interest and investment income received
37
38
Net cash flovls from Investlng actlvlties
37
38
Net decrease In cash and cash equlvalents
1177)
(216)
Cash and cash equivalents at beginning of year
540
756
Cash and cash equivalents at the end of the year
363
540
16

The Wimbledon Foundation
Notes to the financial statements
Year ended 31 July 2025
Accounting policles
The Wimbledon Foundation, a public benefit entity, is incorporated in England and Wales as a
company limited by guarantee not having share capital. The charity is a registered charity. The
registered office is given on page 1.
The financial statements are prepared under the historical cost convention as modified by investrnents
recognised at their fair value. in accordance with the Statement of Recommended Practice
"Accounting and Reporting by Charities ISORP 2019)" applicable to charities prepaTing their accounts
in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
(FRS 102), effective 1 January 2019. and the Companies Act 2006.
The functional currency is the Pound Sterling.
Income
Income is recognised once a commitment to donate funds or a contribution to community activilies
has been received, the charity has entitlement to the funds, and receipt is probable and can be
measured reliably.
Expenditure
Expenditure is recognised at the point at which sen/ices have been received., the Trustees make a
donation,. orcommit to a grant and any associated conditions are mel by the recipient, including annual
conditions included in multi-year grant programmes.
Support and Governance costs
Governance costs form part of support costs and are incurred to ensure the charity fulfils its regulatory
obligations and generate the information required for public ￿GOUntabl1lty. Support costs are allocated
lo charitable activities on the basis of each activity spend as a proportion of total aclivities, costs.
Community activities
Community costs are incurred to provide services to the community and enhance public awareness
of the Foundation.
Fund Accounting
Restricted fund
Income received that has specific restrictions placed upon its use is credited10 restricted income within
the Statement of Financial Activities. Unspent balances are carried forward within the relevant
restricted fund. There were no restricted funds at the year end.
Unrestncfed designated fund
The unrestricted designated fund represents income that is set aside for the Wandsworth Leadership
Programme having been reclassified from restricted reserves During the year. the fund was spent in
full_
Unrestricted general fund
The unrestricted general fund represents income that is expendable at the discretion of the Trustees
in furtheran￿ of the objectives of the Gharity-
17

The Wimbledon Foundation
Notes to the financial statements (continued)
Year ended 31 July 2025
Accounting policles {contlnued)
Investments
Investmenls are measured at market value and the change in markel value during the year is included
within the Statement of financial activities. The portfolio of investments is managed wholly by Baillie
Gifford & Co Limited.
Financial instruments
The Foundation has basic financial instruments. Basic financial Instruments are initially recognised at
transaction value and subsequently measured at their settlement value. Cash at bank and in hand
relates entirely to cash held In the bank.
Trade and other debtors are recognised at the settlement amount due. Prepayments are valued at the
amount prepaid nel of any Irade discounts due Creditors and provisions are recognised where the
charity has a presenl obligalion resulting from a past event thal will probably result in the transfer of
funds lo a third party and the amount due to settle the obligation can be measured or eslimaled
reliably. Creditors and provisions are recognised at their settlement amount after allowing for any trade
discounts due.
Golng concern
The Trustees believe that the Foundation has adequate resources, including unrestricted funds held
at the year end, to continue its operations and to meet ils cornmitments over at least the next 12
months from the date of signing the financial statements.
The Trustees work closely with The All England Lawn Tennis & Croquet Club Limited and The All
England Lawn Tennis Club (Championships) Limited to secure annual donations and a formal
Memorandum of Understanding is in place. Donations are received in instalments throughout the year.
Trustees do nol commit to new expenditure or grant programmes unless they ale confident that there
is sufficient certainly of income or reserves in pla￿ lo cover that expendituie.
Relaled party and glfts In klnd
The All England Lawn Tennis Club (Championships) Limited donates adminislralive and operational
support facilities including the Foundation's managemenl team to the Foundation. Such services are
treated as donations with no conditions attached. No value has been ascribed to the time, support
and facilities provided by The All England Lawn Tennis Club (Championships) Limited as it is not
possible to reliably quantify the financial value of these gifts in kind.

The Wimbledon Foundation
Notes to the financial statements (continued)
Year ended 31 July 2025
Crltlcal accountlng Judgements and key sources of estimation uncertalnty
In Ihe application of the Foundation's accounting policies, which are described in note 1, the Trustees
are required to make judgements, estimates and assumptions aboul the carrying amounts of assets
and liabilities that are not readily apparent from other sources. The estimates and associated
assumptions are based on historical experience and other factors that are consideied 10 be relevant.
Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised if the revision affects only Ihat
period or In the period of the revision and fulure periods if the revision affects both current and futu re
periods.
The Trustees do not consider there are any critical judgements or sources of estimation uncertainty
requiring disclosure beyond the accounting policies listed above.
Trustees, remuneration
The Trustees who are considered to be key management of the charity received no remuneration
during the year (2024. £nil)- One Trustee received expenses of £408 (2024.. one Trustee £137).
Operating costs
The All England Lawn Tennis Club (Championships) Limited provides gift in kind administrative and
operational support facilities. This includes the services of the Wimbledon Foundation's management
team. No donated serviTr cost and income is recognised for Ihese ad hoc services and facilities
provided. Employment costs ofcoaches to provide the charilable activities are recharged and included
in note 10, as well a5 Costs for qualilalive data review of grant making which are charged to the
Foundation.
Donations received
Unrestricted
Funds
£000
Restricted
2025
2024
Funds Tolal Funds Total Funds
£000
£000
£000
Donations
4,559
4.559
4,267
Total donations received
4,559
4,559
4,267
There were no restricted donations in the current or prior year.
All staff are engaged by The All England Lawn Tennis Club (Championships) Limited. The costs of
staff to run tennis initiatives are charged to the Foundation as shown in Note 10.
19

The Wimbledon Foundation
Notes to the financial statements {continued)
Year ended 31 July 2025
Charitable activities
Actlvitl88
undertaken
directly.
grants and
donations
£000
2025
Support
costs
£000
Total
£000
Tennis development programmes (note 7)
Grants (note 8)
Donations
Community activities
256
4.044
167
117
259
4,216
169
118
172
Total charitable activities
4,584
178
4,762
A¢tlvltie8
undertaken
directly
grants and
donations
£000
2024
Support
costs
£000
Total
£000
Tennis development programmes (note 7)
Grants (note 8)
Donations
Community activities
208
3,875
210
105
215
3,999
217
108
124
Total charitable activities
4,398
141
4,539
20

The Wimbledon Foundation
Notes to the financial statements (continued)
Year ended 31 July 2025
Tennis development programmes
2025
£000
2024
£000
Coaching and administrative staff costs in relation to
tennis development programmes
Equipment, clothing and other expenses
223
33
204
Tennis development programme costs
256
208
The Foundation incurs the cost of coaching and administrative staff involved in Ihe delivery of its
tennis, sport and development programmes. The coaching costs relate lo an average of 15 {2024.. 131
staff who are employed by The All England Lawn Tennis (Championships) Limited for this purpose,
with Ihe costs charged lo the Foundation. This is included within note 10.
Grants
2025
£000
2024
£000
Strengthening our local communily
mbledon Foundation Community Fund
Strengthening Our Local Community
City HaNest
Cost of Living Crisis Fund
750
235
50
650
211
50
100
Promoting healthy and active lives
Get Set, Get Aclive Fund
Health & Wellbeing Fund
WaterAid
91
200
550
91
225
550
Inspiring the next generalion
Set for Success, Youth Sport Trust
Magic Bus
1,338
1,018
100
Responding in times of need
Homelessness Fund I'A Roof for All")
British Red Cross Emergency Relief Fund
The Championships and Club related grants
Crisis grant
160
150
250
270
160
200
250
270
Total grants
4,044
3,875
21

The Wimbledon Foundation
Notes to the financial statements (continued)
Year ended 31 July 2025
Grants {continued)
Total committed grants as at 31 July 2025 were £6.258.000 (2024.. £7,687,000), ofwhich £2,964,000
(2024. £3.159,000) is committed within one year. If the activities are not fulfilled as per the individual
grant agreements, then the full committed balance will not be payable. Additionally the Foundation,
for some grant agreemenls, has the ability to provide three months, notice lo the giantees if sufficient
funds are not available lo meet all of the current andlor future commitments.
Support costs
2025
Tennis
development
programmes
£000
Communlly
activltles
£000
Grants
£000
Donations
£000
Total
£000
Governance
Other support costs
47
125
53
125
172
178
2024
Tennis
development
programmes
£000
Community
activities
£000
Grant8
£000
Donations
£000
Total
£000
Governance
Other support costs
37
42
99
136
141
The support costs incurred by the Foundation have been allocated based on the expenditure for each
area of charitable aclivity.
22

The Wimbledon Foundation
Notes to the financial statements (continued)
Year ended 31 July 2025
10. Staff costs
2025
No.
2024
No.
Average monthly number of employees
15
13
2025
£000
2024
£OOD
Their aggregate remuneration comprised:
Wages and salaries
Social security costs
Pension costs
208
22
10
179
18
240
204
All slaff are engaged by The All England Lawn Tennis Club (Championships) Limited. Included within
the above are the costs of staff lo run tennis initiatives (note 7) and for qualitative data review of grant
making which are charged to the Foundation.
In addition, certain administrative and operational employees. cosls are borne by The All England
Lawn Tennis Club (Championships) Limited, which includes 7 employees who directly manage the
Foundation (see note 1). This includes one (2024.. one) individual whose emoluments, excluding
pension contributions but including benefits In kind. were in excess of £60,000.
11. Investments
2025
£000
2024
£000
Cost as at 1 August and 31 July
803
803
Market value brought fO￿ard
Net Market value movement
885
74
823
62
Market value carried forward
959
885
The investment is held entirely in the quoted Baillie Gifford Managed Sustainable Growth Fund
portfolio.
23

The Wimbledon Foundation
Notes to the financial statements (continued)
Year ended 31 July 2025
12. Debtors
2025
£000
2024
£000
Trade debtors
Other debtors
223
13
227
236
229
13. Creditors: amounts falling due within one year
2025
£000
2024
£000
Trade creditors
Amounts due to The All England Lawn Tennis Club
(Championships) Limited
Accruals
16
14
14
33
24
29
63
67
Related party balances are repayable on demand, and do not incur inlerest.
14. Funds of the Foundatlon
2025
£000
2024
£000
Restricted fund
Unrestricted fund
1,495
1,587
Total funds
1,495
1,587
Details of the restricted and unrestricted fund are included in note 20.
15. Taxation
As a registered charily, the Foundation is exempt from taxation on its income and gains falling within
Part 11 of the Corporation Tax Act 2010 to the extent that these are applied to its charitable purposes.
The financial statements do nol therefore reflecl any provision or charge for taxation.
24

The Wimbledon Foundation
Notes to the financial statements (continued)
Year ended 31 July 2025
16. Auditor's remuneration
2025
£000
2024
£000
Fees payable for the audit of Ihe Foundation's annual
financial statements
24
23
17. Cash flow statement
Net cash flow from operating activities:
2025
£000
2024
£000
Net expenditure for the year
Adjuslmenls for,.
Unrealised (gains) on investments
Interest receivable
(92)
(172}
(74)
(37)
162>
138>
Operating cash flow before movement in woTking capital
(203>
(272}
{Increase}Idecrease in debtors
{Decrease)lincrease in creditors
17)
(4>
Net cash flows from operatlng activlties
(214)
(254}
18. Rèlated party transactions
The Foundation's sole member is The All England Lawn Tennis & Croquet Club Limited and a majority
of the Trustees are also directors of that company and of its subsidiary, The All England Lawn Tennis
Club (Championships) Limiied. The Foundation has a close relationship with both The All England
Lawn Tennis & Croquet Club Limited and The All England Lawn Tennis Club (Championships) Limite
and intends to work closely with both companies io deliver its charitable objectives over the
forthcoming years.
During the year The All England Lawn Tennis Club (Championships) Limited donated £1,740,000
(2024. £1.641,000) to the Foundation.
During the year The All England Lawn Tennis & Croquet Club donated £1,650,00012024.. £1,500,000)
lo the Foundation.
During the year the Foundation re￿iVed a donation of assels which were subsequently sold to The
All England Lawn Tennis Ground plc at market value of £16.000.
During the year Ihere were transactions for recharge of staff costs as disclosed in note 10 of£240,000
(2024. £204,000) from The All England Lawn Tennis Club (Championships) Limited. At the year end
there was a balance due to The All England Lawn Tennis Club (Championships) Limited of £14,000
(2024.. balan￿ due £24,000). There were no other related party balances outstanding at the year end.
25

## The Wimbledon Foundation Notes to the financial statements (continued) 

## Year ended 31 July 2025 

## 19. Analysis of Net Assets between Funds 

|2025<br>Investments<br>Current Assets<br>Current Liabilities<br>Net assets at 31 July|2025<br>Unrestricted<br>Funds<br>2024<br>Unrestricted<br>Funds<br>£000<br>£000<br>959<br>885<br>599<br>769<br>(63)<br>(67)<br>1,495<br>1,587|
|---|---|



There were no restricted funds in the current or prior year. 

## 20. Movements in Funds 

|Movements in Funds||||
|---|---|---|---|
|2025<br>At 1 August<br>2024<br>£000<br>Unrestricted fund<br>General fund<br>1,574<br>Wandsworth leadership<br>13<br>Total unrestricted fund<br>1,587<br>Total funds<br>1,587|Income<br>Expenditure<br>£000<br>£000<br>4,670<br>(4,749)<br>-<br>(13)<br>4,670<br>(4,762)<br>4,670<br>(4,762)|Transfers<br>£000<br>-<br>-<br>-<br>-|At 31 July<br>2025<br>£000<br>1,495<br>-|
||||1,495|
|||||
||||1,495|



Investment gains of £74,000 have been included in the general fund income. 

There were no restricted funds in the current or prior year. 

26 



The Wimbledon Foundation
Notes to the financial statements (continued)
Year ended 31 July 2025
20. Movements In Funds Icontinued)
2024
At 1 August
2023
£000
At 31 July
2024
£000
Income Expenditure
£000
£000
Transfers
£000
Unrestrlcted fund
General fund
Wandsworth leadership
1,716
43
4,367
(4.509)
(30)
1,574
Total unrestricted fund
1.759
4,367
(4,539)
1,587
Total funds
1,759
4,367
{4,539)
1,587
Investment gains of £62,000 have been included in the general fund income.
Income and expendilure is presented net of finance income and Investment gains or losses.
Purpose of Designated Funds
Wandsworth Leadership Programme..
The Foundalion jointly funded a programme to develop leadership skills for people workin9 in the
voluntary sector in Wandsworth.
27