Charity registration number.. 1157760
WINTER SPORTS FOUNDATION
STRATEGIC REPORT, TRUSTEES. REPORT AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

Winter Sports Foundation
Contents
Page
Trustees, Report
Independent Auditor's Report
Statement of Financial Activities
Comparative Statement of Financial Activities
10
Statement of Financial Position
11
Statement of Cash Flows
12
Notes to the Statement of Cash Flows
Notes to the Financial Statements
14-18

Winter Sports Foundation
Trustees. Report For The Year Ended 31 August 2024
The trustees present their report and the financial statements for the year ended 31 August 2024.
Objectives and Activities
Aims and Objectives
To promote for the benefit of the inhabitants of the UK the provision of facilities. specifically for winter sports, for
recreation or other leisure time occupation of individuals who have need of such facilities by reason of their
youth, age, infirmity or disablement, financial hardship or social and economic circumstances, or for the public at
large in the interests of social welfare and with the object of improving the condition of life of the said inhabitants.
Significant Activities
The Charity achieves its aims by providing subsidised and inclusive opportunities for participation in skiing,
snowboarding and related activities. It also aims to deliver training. coaching and safety workshops for young
people, volunteers, and those with additional needs.
The level of donations received during the year is an indication of the success achieved by the charity, as these
will be used both to fund individual young people and also to conrtibute towards the wider program of events
organised during the year.
Public Benefit
By working in partnership with schools, disability charities and community organisation, the charity aims to
advance education, promote health and wellbeing. and relieve disability through participation in winter sports.
Outreach programmes and taster events help to promote a wider participation.
The trustees confirm that they have complied with the requirements of Section 17 of the Charities Act 2011 to
have due regard to the Charity Commission's guidance on public benefit.
Volunteers
All of the trustees give their time freely. without which the charity would not be able to continue its work for the its
participating members and the wider community.
Achievements and Perforniance
Main Achievements
The charity distributed over £7.Om in desinated payments to Personal Sports Fund holders (2023 £6.8m).
These payments conlinue to provide vital support lo young people and athletes who would otherwise struggle to
access training, equipment and competition opportuntities.
We are happy to report an increasing level of donations during the year. This increase is encouraging and an
indication Ihat the objectives of the charity are being met for an increasing audience.
Charitable Activities
During the year, the Foundation achieved the following=
Supported individuals, including from disadvantaged or disabled backgrounds.
Delivered training sessions for volunteers, coaches, and parlicipanls.
Partnered with schoolslcommunity groups to organise inclusive events.
Page 1

Winter Sports Foundation
Trustees. Report (continued)
For The Year Ended 31 August 2024
Financial Review
Financial Position
The total income for the year was £7,249,558 (2023: £7.185.780) and total expenditure for the year was
£7,306,211 (2023: £7.119.593), resulting in a deficit of £56,653 (2023.. surplus £66,187)-
At the year end, the charity's total accumulated funds stood at £353,907 (2023.. £410,560), of which unrestricted
funds were £239,665.
The charity's main source of income continues to be charitable donations into the Personal Sports Funds.
Donations remained strong, and the Foundation continues to have a positive reputation within the winter sports
community.
Reserves Policy
The Board reviews the financial reserves annually in the light of funds available and Charity Commission
guidance.
It remains the policy of the Foundation to maintain reserves in separate reserve accounts, ensuring that the
maximum in any one account does not exceed the limit for compensation under the Financial Services
Compensation Scheme.
The trustees aim to hold the equivalent of six months. operational expenditure, but not less than three months, to
meet unforeseen financial contingencies including redundancy. loss of service contracts. lease commitments and
repayment of restricted funds.
At 31 August 2024, unrestricted reserves stood at £239,665 (2023.. £163,879), which the trustees consider
satisfactory in light of current activity levels.
Principal Funding Sources
The charity continues to raise donations for Personal Sports Funds through sponsorships, events, and direct
engagement with donors. All fundraising activity is carried out in line with the Charities (Protection and Social
Investment) Act 2016, applying recognised standards to ensure activities are open, honest, and respectful.
We take a transparent, ethical, and respectful approach to all fundraising activities. We do not engage in cold
calling, door-to-door collections, or other practices which may place undue pressure on potential donors. Where
we work with third-party fundraising agencies, we ensure that robust contracts are in place and that appropriate
monitoring is undertaken to protect the interests of the public and uphold our reputation. We are especially
mindful of the need to protect vulnerable people and our policies reflect the standards set out by the Fundraising
Regulator.
The charity has procedures in place to respond promptly to any complaints about fundraising. No complaints or
issues arose from fundraising activity during the year.
Principal Risk and Uncertainties
The Trustees regulady regularly review key risk areas, including..
Funding dependence
mitigated through diversification of both Personal Fund contributions and wider
charitable donations.
Health and safety- mitigated by training and safeguarding.
Economic pressures- mitigated where possible by prudent planning.
Page 2

Winter Sports Foundation
Trustees. Report (continued)
For The Year Ended 31 August 2024
Future Developments
The trustees remain committed to the development of the Pipeline Project and similar initiatives, which have proven
to provide valuable opportunities for children and young people, induding Ihose with additional needs.
The Foundation plans to strengthen its partnerships with organisations such as Disability Snow Sports UK and
Snowsports Wales to widen aC￿sS and opportunities. Trustees also intend to seek new corporate sponsors and
broaden the base of unrestricted reserves to support sustainability.
Long-Term Development Plans
The Foundation continues to aim to maintain unrestricted reserves over the next five years to circa £200,000 to
fund larger projects through Ihe continuation and growth of Personal Sports Funds, while also exploring grants from
external foundations and charitable bodies.
Structure, Governance and Management
Governing Document
The Trust is a registered charity, number 1157760, and is constituted as a Charitable Incorporated Organisation
under a constitution dated 8 July 2014.
Trustee Selection Methods
New Trustees are appointed by the existing Trustees and serve for a period of three years before putting
themselves forward for re*lection for a further term. A Trustee who has served for three consecutive terms may
not be reappointed for a fourth consecutive term but may be reappointed if this is voted for by the other Trustees.
Newly appointed members are instructed in their duties by the Chair of the charity and are informed of their legal
responsibilities and the expectations from the charity in their role as Trustee.
The charity must have a minimum of two Trustees and a maximum of iwelve.
At trustee meetings the trustees agree the broad strategy and areas of activity for the Foundation, including
assessing systems and designing systems to mitigate risks fa￿d by the Foundation. The day to day
administration of the charity is delegated to the Chief Executive and Secretary.
Key Management Remuneration
The trustees consider the board of trustees together with the Chief Executive and Secretsry as comprising the
key management personnel of the charity. The trustees give their time freely and no trustee remuneration was
paid in the year. Details of related party transactions. including payments relating to the services of the Chief
Executive and Secretary, are disclosed in the accounts.
The Foundation again utilised the SeNi￿S of A&E Consultancy Ltd to deliver day to day running of the charity-
Fees and year balances are disclosed in the accounts.
Reference and Administrative Details
Trustees
Mr N Malaczynski Chair (resigned 1111012023)
Mrs E Lake - Chair (appointed 1211012023)
Mr Alistair Gallagher
Page 3

Winter Sports Foundation
Trustees. Report (continued)
For The Year Ended 31 August 2024
Other Personnel
Elliot Emery - Chief Executive
Adam Camall - Secretary
Charity Number
1157760
Principal Address
1 Bank House Row
Station Road
Hope Valley
S321DD
Accountants
Cooper Adams Ltd
Chartered Accountants
12 Payton Street
Stratford upon Avon
Warwickshire
CV37 6UA
Auditors
Cooper Adams Ltd
Chartered Accountants
12 Payton Street
Stratford upon Avon
Warwickshire
CV37 6UA
Bankers
Barclays Bank plc
1 Churchill Place
London
E14 5HP
Page 4

Winter Sports Foundation
Trustees. Report (continued)
For The Year Ended 31 August 2024
Statement of Trustees. Responsibilities
The trustees are responsible for preparing the Trustees, Report and the financial statements in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting
Practice)-
The law applicable to charities in England and Wales 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 charity and of the incoming resources and
application of resources of the charity for that period. In preparing the financial statements the trustees are required
to..
select suitable accounting policies and then apply them consistently.
observe the methods and principles in the Charity SORP.
make judgments and accounting estimates that are reasonable and prudent"
state whether applicable accounting standards have been followed. subject to any departures disclosed and
explained in the financial statements- and
prepare the financial statements on the going con￿rn basis unless it is inappropriate to presume that the
charity will continue in business.
The trustees are responsible for keeping adequate accounting records which disclose with reasonable accuracy at
anytime the financial position of the charity and lo enable them to ensure that the accounts comply with the
Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They
are also responsible for safeguarding the assets of the charity and hence for tsking reasonable steps for the
prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included
on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial
statements may differ from legislation in other jurisdictions.
The trustees, report was approved by the board of trustees and signed on its behalf by:
Mrs E Lake
Trustee
30 September 2025
Page 5

Independent Auditor's Report
to the Members of
Winter Sports Foundation
Qualified opinion
We have audited the financial statements of Winter Sports Foundation (the 'charity") for the year ended 31 August
2024 which comprise the Statement of Financial Activities (including Income and Expenditure Account), Stalement
of Financial Position. Statement of Cash Flows and the related notes, including a summary of significant
accounting policies. The financial reporting framework that has been applied in their preparation is applicable law
and United Kingdom Accounting Standards {United Kingdom Generally Accepted Accounting Practice}, induding
FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland"
In our opinion, except for the possible effects of the matter described in the basis for qualified opinion section of our
report, the financial statements..
give a true and fair view of the state of the charity's affairs as at 31 August 2024 and of its incoming resources
and application of reSoUr￿s, including its income and expenditure for the year then ended.,
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice. and
have been prepared in accordance with the requirements of the Charities Act 2011
Basis for Qualified Opinion
During the year ended 31 August 2024 the accounling records kept by the charity were not sufficient to accurately
record restricted fund balances. We were therefore unable to confimi the accuracy of restricted and unrestricted
funds in the financial statements. Consequently, we were unable to detemiine whether any adjustments to these
amounts were necessary.
We conducted our audit in accordance with Intemational Standards on Auditing (UK) IISAS (UK)) and applicable
law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of
the financial statements section of our report. We are independent of the charity in accordance with the ethical
requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical
Standard, and we have fulfilled our other ethical responsibilities in accordan￿ with these requirements. We believe
that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Material Uncertainty related to Going Concern
Operational difficulties have resulted in a pause of the day-to-day business of the charity. The trustees expect that
operations will resume in the near future. However, this situation indicates that a material uncertainty exists that
may cast significant doubt on the charity'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 the
relevant sections of this report.
Page 6

Independent Auditor's Report (continued)
to the Members of
Winter Sports Foundation
Other Information
The other infonnation comprises the infomiation 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 we do not express any
form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is
to read the other information and, in doing so. consider whether the other infomiation is materially inconsistent with
the financial statements or our knowledge obtained in the audit or otheNise appears to be materially misstated. If
we identify such material inconsistencies or apparent material misstatements, we are required to determine
whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we
have performed, we conclude that there is a material misstatement of this other infomiation, we are required to
report that fact.
As described in the basis for qualified opinion section of our report, we were unable to satisfy ourselves conceming
the accuracy of restricted fund balances as at 31 August 2024. We have concluded that where the other
information refers to the charity's funds, it may be materially misstated for the same reason.
Matters on Which We Are Required to Report by Exception
Except for the matter described in the basis of qualified opinion section of our report, in the light of the knowledge
and understanding of the charity and its environment obtained in the course of the audit, we have not identified
material misstatements in the trustees, report.
Arising solely from the limitation on the scope of our work relating to restricted fund balan￿s, referred to above..
we have nol obtained all the infomiation and explanations that we considered ne￿SSary for the purpose of our
audit- and
the financial statements are not in agreement with the accounting records and retums,. and
in our opinion adequate accounting records have not been kept.
We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and
Reports) Regulations 2008 require us to report to you if, in our opinion=
the information given in the Report of the Trustees is inconsistent in any material respect with the financial
statements.
Responsibilities of Trustees
As explained more fully in the Trustees. Responsibilities Statement set out on page 1-5, the trustees 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 preparation 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 charity's ability to continue as a
going concern. disclosing, as applicable, matters related to going concern and using the going con￿rn basis of
accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic
alternative but to do so.
Page 7

Independent Auditor's Report (continued)
to the Members of
Winter Sports Foundation
Auditorfs Responsibilities for the Audit of the Financial Statements
We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the
Act and relevant regulations made or having effect thereunder.
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 detect 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.
The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
Irregularities, including fraud, are instances of non-complian￿ with laws and regulations. We design procedures in
line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including
fraud. Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including
those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk
increases the more that compliance with a law or regulation is removed from the events and transaclions reflected
in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is
also greater regarding irregularities occurring due to fraud rather than error. as fraud involves intentional
concealment, forgery, collusion. omission or misrepresentation.
A further description of our responsibilities for the audit of the financial statements is located on the Financial
Reporting Council's website www.frc.org.ukJauditorsresponsibilities. This description forms part of our auditorfs
report.
Use Of Our Report
This report is made solely to the charity's trustees, as a body. in accordance with Part 4 of the Charities (Accounts
and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's
trustees those matters that we are required to state to them in an auditorfs report and for no other purpose. To the
fullest extent permitted by law. we do not accept or assume responsibility to anyone other than the charity and the
charity's Irustees as a body, for our audit work. for this report. or for the opinions we have formed.
Cooper Adams Ltd
30 September 2025
Cooper Adams Ltd
Chartered Accountants
12 Payton Street
Stratford upon Avon
Warwickshire
CV37 6UA
Page 8

Winter Sports Foundation
Statement of Financial Activities
For The Year Ended 31 August 2024
2024
2023
Unrestricted Restricted Totsl funds Total funds
funds
funds
Notes
INCOME AND ENDOWMENTS FROM:
Donations and legacies
Investments
362.348 6,884,621 7.246,969 7,185,361
2,589
2,589
419
364.937 6,884,621 7.249,558 7,185,780
EXPENDITURE ON:
Charitable activities:
Management and administration
Governan
Designated payments
(277.031)
(12.120)
(277,031) (304,502)
(12,120) (14,395)
(7,017,060) (7,017,060) {6,800,696)
(289.151) (7,017,060) (7,306,211) (7.119,593)
NET {EXPENDITURE)IINCOME
75.786
(132,439) (56,653)
66,187
NET MOVEMENT IN FUNDS
75.786
(132,439) (56,653)
66,187
RECONCILIATION OF FUNDS:
Total funds brought forward
163,879
246,681
410,560
344,373
TOTAL FUNDS CARRIED FORWARD
13
239.665
114,242
353,907
410,560
The notes on pages 13 to 18 fonn part of these financial statements.
Page 9

Winter Sports Foundation
Comparative Statement of Financial Activities
For The Year Ended 31 August 2024
2023
Unrestricted Restricted Total funds
funds
funds
Notes
INCOME AND ENDOWMENTS FROM:
Donations and legacies
Investments
359,268 6,826,093 7,185,361
82
337
419
359,350 6.826,430 7,185,780
EXPENDITURE ON:
Charitable activities:
Management and administration
Governan
Designated payments
(304,502)
(14,395)
(304,502)
(14,395)
(6,800,696) {6,800,696)
(318,897) (6.800,696) (7.119,593)
NET INCOME
40,453
25,734
66,187
NET MOVEMENT IN FUNDS
40,453
25,734
66,187
RECONCILIATION OF FUNDS:
Total funds brought forward
123,426
220,947
344,373
TOTAL FUNDS CARRIED FORWARD
13
163,879
246,681
410,560
The notes on pages 13 to 18 fonn part of these financial statements.
Page 10

Winter Sports Foundation
Statement of Financial Position
As At 31 August 2024
2024
2023
Unrestricted Restricted Totsl
funds
funds
funds
Total
funds
Notes
FIXED ASSETS
Tangible Assets
10
770
770
CURRENT ASSETS
Debtors
11
2,139
256.241
40.646
42,785 102,257
73,596 329,837 383,783
Cash at bank and in hand
258.380
114.242 372,622 486,040
Creditors: Amounts Falling Due Within One Year
12
(18.715)
(18,715) {76,250)
NET CURRENT ASSETS (LIABILITIES)
239,665
114,242 353,907 409,790
TOTAL ASSETS LESS CURRENT LIABILITIES
239,665
114,242 353,907 410,560
NET ASSETS
239.665
114,242 353,907 410,560
FUNDS OF THE CHARITY
Restricted Funds
114,242 246,681
239,665 163,879
Unrestricted Funds
TOTAL FUNDS
13
353,907 410,560
On behalf of the board
Mrs E Lake
Trustee
30 September 2025
The notes on pages 13 to 18 fonn part of these financial statements.
Page 11

Winter Sports Foundation
Statement of Cash Flows
For The Year Ended 31 August 2024
2024
2023
Notes
Cash flows from operating activities
Net cash (used in)Igenerated from operations
Net cash {used in)/generaled from operating activities
(56,535)
(56,535)
122,753
122,753
Cash flows from investing activities
Interest received
2,589
419
{Decrease)lincrease in cash and cash equivalenls
Cash and cash equivalents at beginning of year
(53,946)
383,783
123,172
260,611
Cash and cash equivalents at end of year
329,837
383,783
Page 12

Winter Sports Foundation
Notes to the Statement of Cash Flows
For The Year Ended 31 August 2024
Reconciliation of {expenditure)lincome to cash (used in)Igenerated from operations
2024
2023
Net {expenditure)lincome
Adjustments for..
Interest income
(56,653)
66,187
(2,589)
770
(419)
1,703
Depreciation of tangible assets
Movements in working capital..
Decreasel(increase) in trade and other debtors
(Decrease)lincrease in trade and other creditors
59,472
(57,535)
(9,568)
64,850
Net cash (used in)Igenerated from operations
(56,535)
122,753
2. Cash and cash equivalents
Cash and cash equivalents. as stated in the Statement of Cash Flows, relates to the following items in the Balance
Sheet:
2024
2023
Cash at bank and in hand
329,837
383,783
3. Analysis of changes in net funds
Asat1
September
2023
Cash flows
Asat31
August
2024
Cash at bank and in hand
383,783
(53,946}
329,837
Page 13

Winter Sports Foundation
Notes to the Financial Statements
For The Year Ended 31 August 2024
1. General Information
Winter Sports Foundation is an unincorporated charity registered with the Charity Commission, registered charity
number 1157760. The principal address is 1 Bank House Row, Station Road. Hope Valley, S32 1 DD.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) "Accounting
and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
(FRS 102) (effective 1 January 2019)" Financial Reporting Standard 102 'The Financial Reporting Standard
applicable in the UK and Republic of Ireland" and the Charities Act 2011.
The charity is a Public Benefit Entity as defined by FRS 102.
2.2. Fund Accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds are to be used for specific purposes as laid down by the donor.
Further explanation of the nature and purpose of each fund is included in the notes to the financial
statements.
2.3. Incoming Resources
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the fund,
it is probable that the income will be received and the amount can be measured reliably.
2.4. Resources Expended
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the
charity to that expenditure. it is probable that a transfer of economic benefits will be required in settlement
and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accrual basis
and has been classified under headings that aggregate all cost related to the category. Where costs cannot
be directly attributed to particular headings they have been allocated to activities on a basis consistent with
the use of resources.
2.5. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impaimient
losses. Depreciation is provided at rates calculated lo write off the cost of the fixed assets, less their
estimated residual value, over their expected useful lives on the following bases..
Computer Equipment
25°A Straight line basis
Page 14

Winter Sports Foundation
Notes to the Financial Statements (continued)
For The Year Ended 31 August 2024
2.6. Financial Instruments
Financial instruments
The charity holds only basic financial instruments as defined in FRS 102.
Recognition
Financial assets and liabilities are recognised when the charity becomes a party to the contractual provisions
of the instrument.
Financial assets
Basic financial assets. including cash and cash equivalents, trade and other receivables, and investments in
fixed-term deposits, are initially recognised at transaction price and subsequently measured at amortised
cost, less any impairment. Investments in publicly traded bonds and equities are measured at fair value, with
changes in fair value recognised in the Statement of Financial Activities.
Financial liabilities
Basic financial liabilities, including Irade and other payables. bank loans and accruals, are initially recognised
at transaction price and subsequently measured at amortised cost.
Impairment of financial assets
At each reporting date. the charity assesses whether there is objective evidence that a financial asset is
impaired. Any impairment loss is recognised in the Statement of Financial Activities.
2.7. Taxation
The charity is exempt from tax as all its income is charitable and applied for charitable purposes.
3. Income from Donations and Legacies
2024
2023
Unrestricted Restricted
Total
Total
funds
funds
funds
funds
Donations and gifts
362,348
6,884,621
7,246,969
7,185,361
4. Investment Income
2024
2023
Unrestrlcted
Total
funds
funds
Bank interest receivable
2,589
419
5. Net Incomel(Expenditure)
The net (expenditure)lincome is stated after chargingl(crediting):
2024
2023
Depreciation of tangible fixed assets - owned
770
1,703
Page 15

Winter Sports Foundation
Notes to the Financial Statements (continued)
For The Year Ended 31 August 2024
6. Analysis of Expenditure
2024
Activities
undertaken
directly
Support
costs
(see note 7)
Total
Management and administration
Governance
277,031
12,120
277,031
12,120
7,017,060
Designated payments
7.017,060
7.017,060
289,151
7.306,211
2023
Activities
undertaken
directly
Support
costs
(see note 7)
Total
Management and administration
Governance
304,502
14,395
304,502
14,395
6,800,696
Designated payments
6,800,696
6,800,696
318,897
7,119,593
7. Support Costs
2024
Management
and
administration Govemance
Total
General administration
Depreciation
Governance costs
276,261
770
276,261
770
12,120
12,120
277,031
12.120
289,151
2023
Management
and
admlnistratlon Govemance
Total
General administration
302,799
1,703
302,799
1,703
14,395
Depreciation
Governance costs
14,395
304,502
14.395
318,897
Page 16

Winter Sports Foundation
Notes to the Financial Statements (continued)
For The Year Ended 31 August 2024
8. Auditor's Remuneration
Remuneration received by the charity's auditors and their associates during the year was as follows..
2024
2023
Audit Services
Audit of the company's financial statements
12,120
11,880
9. Average Number of Employees
Average number of employees during the year was.. NIL (2023: NIL)
10. Tangible Assets
Computer
Equipment
Cost
As at 1 September 2023
9,951
As at 31 August 2024
9,951
Depreciation
As at 1 September 2023
Provided during the period
9,181
770
As at 31 August 2024
9,951
Net Book Value
As at 31 August 2024
As at 1 September 2023
770
11. Debtors
2024
2023
Due within one year
Gift Aid recoverable
42,785
102,257
12. Creditors: Amounts Falling Due Within One Year
2024
2023
Other creditors
Accruals and deferred income
10
76,240
18,715
18,715
76,250
Page 17

Winter Sports Foundation
Notes to the Financial Statements (continued)
For The Year Ended 31 August 2024
13. Movement in Funds
Asat1
September
2023
Asat31
August
2024
Income
Expenditure
Unrestrlcted funds
General..
General unrestricted fund
Restricted funds
163,879
364,937
(289,151)
239,665
Restricted funds
246.681
6.884,621
(7,017.060)
114,242
Total funds
410,560
7,249,558 (7,306,211 }
353,907
Asat1
September
2022
Asat31
August
2023
Income
Expenditure
Unrestricted funds
General..
General unrestricted fund
123,426
359,350
(318,897}
163,879
Restricted funds
Restricted funds
220.947
6.826,430 (6,800.696)
246,681
Total funds
344.373
7,185,780 (7,119,593}
410,560
14. Transactions with Trustees
None of the trustees received any remuneration or any other benefits from an employment with the charity or a
related entity during the current or previous year.
No trustee expenses have been incurred.
15. Related Party Disclosures
A&E Consultancy Limited
A company in which Adam Carnall (Secretary) and Elliot Emery (Chief Executive) are directors and shareholders.
The company charged the charity fees of £218,231 (2023: £214,883) in relation to day to day administration. At the
year end an amount of £6.595 (2023'.£64.360) was owed to A&E Consultancy Limited.
Page 18