TIM HENMAN
FOUNDATI•N
THE TIM HENMAN
FOUNDATION
(Charitable Incorporated Organisation)
REPORT AND UNAUDITED
FINANCIAL STATEMENTS
FOR YEAR ENDED
31 AUGUST 2024
Registered charity number 1161964
www.henmanfoundation.org
FR
FUNDRAISING
REGULATOR
Iippnrting thp trAnffnrmAtinn nf thp livp
of disadvantaged young people
Reglstered Ch•rlty Number 1161964
000

Titn Hentllan Foundation Report and Unaudited Financial Statements
for year ended 31 August 2024
TIM HENMAN
FOUNDATI N
THE TIM HENMAN FOUNDATION
REPORT AND UNAUDITED
FINANCIAL STATEMENTS 31
AUGUST 2024
CONTENTS
Report of the trustees
17 Independent examiner's report
18 Statement of financial activities
19 Balance sheet
21 Notes to the financial statements
Page 2
www.henmanfoundation.org
Supporting thetrar6fortrotion ofthe lives of dsathantaged young people
in

Titn Hentllan Foundation Report and Unaudited Financial Statements
for year ended 31 August 2024
TIM HENMAN
FOUNDATI N
REPORT OF THE TRUSTEES
Reference and Administrative Details
Charity number..
1161964
Website."
www.henmanfoundation.org
Trustees..
Trevor Alldridge
Dr Karl Altenburg
Jan Felgate
Lucy Henman
Tim Henman OBE
Andrew Hynard
Mark Lauren￿ Ichainnan)
Ashley Silverton
Kevan Walsh
Chief executive officer
Jamie Feaver
Principal office
clo Menzies LLP Ashcombe House 5 The Crescent Leatherhead Surrey, KT22 8DY
Independent examiner
David Gold
Armstrong Watson LLP
One Strawbery Lane
Newcastle upon Tyne NE14BX
Bankers
HSBC UK
186 Broadway Didcot Oxfordshire OX118RP
Investment advisers
Cazenove Capital
1 London Wall Place London
EC2Y SAU
Page 3
www.henmanfoundation.org
Supporting thetrar6fortrotion ofthe lives of dsathantaged young people
in

Titn Hentllan Foundation Report and Unaudited Financial Statements
for year ended 31 August 2024
TIM HENMAN
FOUNDATI N
The Trustees are pleased to present their report together with the unaudited financial statements of
the Foundation for the year ended 31 August 2024.
Referen￿ and administrative details, set out on the previous page, form part of this report. The
financial slatemenls comply with the Charities Act 2011, the constitution of the Foundation and
Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland (FRS 102).
Structure, governance and management
The Tim Henman Foundation ITHFI is a Charitable Incorporated Organisation, registered with the
Charity Commission on 3 June 2015, registered charity number 1161964.
In this report the Trustees review its objectives and activities, achievements and performance, and
resulting benefit the charity has brought to those groups of people that it is set up to help.
The methods used to recruit and appoint new charity trustees
New Trustees are appointed by the existing Trustees and setve for three years after which they may
put themselves fomard for re-appointment. The constitution provides for a minimum of three
Trustees. All Trustees give their time freely and do not receive any remuneration or reimbursement
for expenses during the year.
The policies andprocedures for the induction and training of trustees
The Trustees 'welcome pack, includes a copy of the governing constitution and a copy ofthe Charity
Commission's guidance"The Essential Trustee Guide..
The Chief Executive Officer
The Board of Trustees is in charge of directing and controlling the charity. Day to day management
is delegated to the Chief Executive who is a salaried employee.
Arrangements for setting pay and remuneration of key management personnel
The Board of Trustees is in charge of setting pay and remuneration of key management personnel
using a cross section of Key Performance Indicators across charitable activity, fundraising, impact
and communications.
The major risks to which the Foundation is exposed and reviews and systems to mitigate
them
A large amount of risk is mitigated by the fart the Foundation's charitable activity is partnership
based, and works with other bodies for the delivery of our programmes, meaning the Foundation
does not have large overheads and our funding is paid out on actual delivery as the activity is
deployed.
In previous years a large amount of the funding was raised through events - 630kn in 2019 and only
60A in 2020 when COVID restrictions were in place. Since this point, the Foundation has taken
active steps to mitigate this risk by broadening our sources of income. This includes maintaining our
Page 4
www.henmanfoundation.org
Supporting thetrar6fortrotion ofthe lives of dsathantaged young people
in

Titn Hentllan Foundation Report and Unaudited Financial Statements
for year ended 31 August 2024
TIM HENMAN
FOUNDATI N
events schedule but also adding digital fundraising campaigns, placing a focus on grant fundraising
and looking lo develop corporate partnerships.
Trustees. declaration
The Trustees confimi that they have due regard to the Charity Commission's guidance on public
benefit when reviewing the Foundation's aims and objectives and in planning charitable activities.
Objectives and activities for the public benefit
The purpose of the Foundation is the relief of young people and their families who are
disadvantaged by poverty, disability or who are suffering from ill health in particular, but not
exclusively, by creating sporting and educational opportunities to advance their health and
wellbeing.
Using these objectives, the Foundation uses the mission statement below:
The Tim Henman Foundation is a youth charity with the mission of transforming the lives of
disadvantaged young people by crealing sporting and educational opportunilies as well as
improving mental and physical heallh together with our partners.
The main activities undertaken in relation to those purposes during the period
The Foundation has a range of sport and education programmes which are delivered into schools
and community-based organisations with delivery partners, and we provide mentoring alongside.
We also provide grants to organisations where there is a high level of need for equipment and
capital projects.
'Sport Programmes,
which breakdown ac￿SS and financial barriers to allow young people the
opportunity to participate and progress.
(THF) Community Activity Programmes
(THF) Inclusive Activity Programmes
(PPS) Advan￿ment Programmes
'Education Programmes, . to provide opportunities for students who require extra support and young
people who wish to progress their career path.
(THF) Scholarships
(THF) Opportunity Fund
(PPS) Career Path Programmes
Alongside the sport and education programmes, we facilitate 'Mentoring' as an additional source of
support to provide positive guidance.
The Foundation also provides financial assistance in the form of 'Grants' to charities and registered
community organisations that have an immediate need for equipment and capital projects.
Performance Plus Sport UK (PPS) - linked charity
In March 2022, the Trustees approved a proposal to formally link with Perfomance Plus Sport UK
IPPS) for registration and accounting purposes, because of their shared mission and connected
charitable objectives. The link will creale greater efficiency and increase the Foundation's capacity,
reach and income. The Tim Henman Foundation is the reporting charity.
Page 5
www.henmanfoundation.org
Supporting thetrar6fortrotion ofthe lives of dsathantaged young people
in

Titn Hentllan Foundation Report and Unaudited Financial Statements
for year ended 31 August 2024
TIM HENMAN
FOUNDATI N
The effects of linking charities for accounting and registration purposes means that..
The charities are registered under a single registration number.,
The Trustees are required to prepare a single set of accounts for the reporting charity and
the linked charity, within which the individual funds of the linked charity are reported as
restricted funds. The fi'nancial statements provide additional information.
With the link in place,. the Trustees will govern
the linked charity and PPS, activities and
finances are accounted for in this report.
TIM HENMAN
FOIJNOATI N
PERFORMANCE
MADE THROVGH SPORT
Pmgrammes. funding and impact
To ensure the effective delivery of programmes with associated funding, the Foundation has in place
a 'Programmes & Funding Guidance, document which..
1. Gives an outline and breakdown of the programmes that are delivered.
2. The process to implement these.
3. Funding policies around how we deliver and fund programmes.
4. The compliance requirements for each programme.
5. Wilh a set of criteria around who THF partners with, who THF seeks to support and where
THF delivers.
6. Vvhat THF can fund and the items involved.
7. And detailed infomiation around the programme delivery costs.
In addition, the Foundation follows an 'lmpact Measurement (Monitoring & Evaluation) Model, to aid
in the delivery of high-impact programmes and to be able to quantify and track what we are
spending our funding on, where it is going and what impact it is making.
Grant making policy
The Foundation's policy on grant making is to provide financial assistance in the fomi of grants to
organisations where there is a high level of need for specialist equipment and capital projects.
Equipment grants of be￿een £1,000 £10,000 for fully-funded specialist ple￿(s) of
equipment that will enhance the lives of children and young people.
Capital projects - grants of between £5,000 - £20,000 towards facility improvements thal will
provide additional or new opportunities.
other projects - at the trustees discretion.
The Foundation will prioritise grants..
That demonstrates a high level of need.
Organisalions thal are based in an area of deprivation.
Vvho serve profoundly disadvantaged young people.
And can clearly demonstrate benefits to young people and the wider community.
Page 8
www.henmanfoundation.org
Supporting thetrar6fortrotion ofthe lives of dsathantaged young people
in

Titn Hentllan Foundation Report and Unaudited Financial Statements
for year ended 31 August 2024
TIM HENMAN
FOUNDATI N
Achievements and performance
This section reports on the charitable activities delivered in the year ended 2024.
Charitable activity overview
We delivered 55 Sport & Education programmes (2023.. 41) with 87
partners 12023.. 73) reaching 5,080 young people (2023.. 3,4711, and
provided 17 grants {2023. 81 reaching a further 6,236 youngsters
12023.. 5,936) as well as 12 additional projects12023'. 6).
87
The majority of our Sport and Education partners are schools and
community-based organisations176 % } and we also work with delivery
partners {240/01
coaches, coaching providers, teachers, tutors,
training providers and mentors - to bring the programmes to life.
thank you to all of our 87
partners who brought
the programmes to life!
We aim to fomi long-term relationships with our partners. Of the 55 sport and education direct
delivery programmes., 510/0 continued from last year and 470h were new this year. Al YE24, we
ended only 120/0 of programmes {2023'. 29 %).
860A of programmes were delivered in London (630/0) and
the South East {23 /0).
Just over a third of sports programmes are tennis {350/01,
followed by boxing 120/01, basketball {12%), gym
instructing I personal training I strength and conditioning
112°A), multi-sport {8% }, alhletics 16°/0) and football, golf,
swimming170/01.
Where we
delivered our
pro8rammes
202J-ZOZ4
Within our THF education programmes we are working
within the core subjects,. maths {45°/0), english (32°/0),
reading and STEM {90/0 each), other subjects {50/0}. The
PPS education programme is split between qualifications
in the fitness industry {50 % l and sports coaching {50 % ).
Across relevant programmes, 570/0 of children are in receipt of free school meals (2023.. 660A) which
the Foundation considers to be 'low-income households, and 440/0 have special educational needs
and disabilities {2023.' 49°A). Programmes are delivered directly to the bottom 37 % most deprived
areas12023.' 25/0}.
57,
ofstudents have
special educatbonal
need5 and disabilitie5
of students come from low-lneome households
young people wlth
ethnic diversity
Page 7
www.henmanfoundation.org
Supporting thetrar6fortrotion ofthe lives of dsathantaged young people
in

Titn Hentllan Foundation Report and Unaudited Financial Statements
for year ended 31 August 2024
TIM HENMAN
FOUNDATI N
Across all programmes {THF and PPS} the average age is 16. This ranges from the THF
Community Activity Programme 111) and Inclusive Activity Programme 112), PPS Advancement
Programme {17-23), THF Scholarships 1171, THF Opportunity Fund 113), PPS Career Path
Programme (201. There is an uneven ratio of boys and girls17.'3}, but a fair proportion across the
five main ethnic groups (asian.. 2, black.. 2, mixed.. 1, white.. 4, other.. 1).
Sports Programmes
43 programmes were delivered 12023.. 34), utilising
50 % of charilable activity expenditure {2023'. 32 % l and
reached 3,966 young people12023.' 3,045).
20 of these programmes were delivered by THF and
23 were delivered by PPS.
Of the total expenditure for sport direct delivery
programmes, most of the funding is spent on coaching
costs {42 % I followed by equipment1190/0). There are
then a range of other items such as facility hire (5 /ol, specialist services like physio or S&C (120/0),
supporting expenses like travel costs 160/0), mentor fees {40AI, membership fees {40/0), arranging
sports days (4/1, funding places on holidays camps 13/0), courseslqualificationslcPD 110/0) and
individual coaching costs11 %).
Through our Community Activity Programmes we provided regular coaching for 3,212
children in areas of deprivation with 1,643 further opportunities for these children including
holiday camps, mentoring and teacherlcoach training.
Through our Inclusive Activity Programmes we provided fully inclusive coaching for 515
children who have special educational needs and disabilities, with 960 further opportunities
for those children including sports days, mentoring and teacherlcoach training.
2,015,
of chlldren feel
more confident
and joln In more
than before
regularattendance.
Increa5in8 regular
ctivity by 169%
Fully inclusive
sport is 3 x more
expenslve
acket packs.". .
,delfvered
Through our Advan￿ment Programme {PPS) we helped 239 aspiring young sportspeople to
achieve their goals. 221 of those were within group programmes and 18 were supported
individually.
221
18
were supported through
group programmts
{£671personlyearl
were supportpd
Page 8
www.henmanfoundation.org
Supporting thetrar6fortrotion ofthe lives of dsathantaged young people
in

Titn Hentllan Foundation Report and Unaudited Financial Statements
for year ended 31 August 2024
TIM HENMAN
FOUNDATI N
Cas
nclusive A
Pro
ramme at
ak Green Prim
Education Programmes
12 programmes were delivered {2023-. 7), utilising 220k of
charitable activity expenditure 12023.. 200/0) and reached 1,114
young people {2023.' 426).
Five of these programmes were delivered by THF and six were
delivered by PPS.
Of the total expenditure for education direct delivery programmes,
the funding was spent
on
teacherltutor fees {400/01,
courseslqualifications (23°￿), school fees 121 /ol, paid work
experience 1110/01, mentor fees {2°A}, facility hire {3°A}, equipment
costs {1°/0) and supporting expenses like travel costs (<1 %).
Four scholarships were given for young people from single or no parent households to
attend Reed's School.
Through our Opportunity Fund regular tuition in core subjects was provided for 1,074
children who require additional support to help increase their attainment.
1,074
Four scholarships were given for young
people from single or no parent households
to attend Reed's School.
children who require additional support
were helped to increase their attainment
Through our Career Path Programme (PPS) we helped 36 marginalised young people to get
back into training and education and increase their chances of becoming employed. A
further 1,491 people were given free activity sessions through their work experience.
1,491
qualification5
provided
people were given free activity sessions
through thgir work pxppripncp
employed within
a year
Case slud Career Path Pro
ramme with DoTrainin
Page 9
www.henmanfoundation.org
Supporting thetrar6fortrotion ofthe lives of dsathantaged young people
in

Titn Hentllan Foundation Report and Unaudited Financial Statements
for year ended 31 August 2024
TIM HENMAN
FOUNDATI N
Mentorship provision
29 mentorship workshops were delivered 12023.. 351 and 60 individual
mentor meetings were facilitated {2023'. 731.
In total 14 mentors were used {2023= 151 8 were paid and 6 were
voluntary.
Case slud Mentorin
with Louise Hunt
Zl
Effective mentor
provision will
increase impact
and engagement
by 19%
to our 14 mentors
this year
workshops and 60
Mentor meeting5
Grants
We provided 17 grants (2023.. 8), utilising 280/0 of charitable
expenditure, for specialist equipment and capital projects to help
6,236 youngsters. 14 were given to other charities, 2 to schools and
1 to a special school. 9 were sports-based grants and 8 were
education-based grants.
Fundraising activities during the period
This year we were able to run three events,. a new
Non-stop lennis weekend in De￿Mber, a Spring Dinner
and a Tennis Maslerclass & Exhibition in the summer.
Across these events we raised £108,825 {2023'. £102,520).
We built on the success and increase in funds raised
through grant fundraising which tolalled £178,700 12023..
£109,483). Like last year, we ran two digital fundraising
campaigns (as part of The Big Give) - one was linked to
the Non-stop tennis weekend in the lead up to Christmas
raising £53,711 and the other was a standalone campaign
in the summer raising £69,220.
Hen/4
Non
Stop
fy/s WEE
Page 10
www.henmanfoundation.org
Supporting thetrar6fortrotion ofthe lives of dsathantaged young people
in

Titn Hentllan Foundation Report and Unaudited Financial Statements
for year ended 31 August 2024
TIM HENMAN
FOUNDATI N
Financial review
The Foundation s financial position at the end of the year
ended 31 August 2024
The principal source of the Foundation's income comprised
donations and grants of £352,36312023'. £229,415), with a further
£108,825 from fundraising events (2023.. £102,520).
Funds raised
£574.707
Funds spent
The financial position of the charity at 31 August 2024 and
comparatives for the prior period, are more fully detailed in the
financial statements and can be summarised as follows..
£626.751
2024
2023
Net {expenditure) l income
(43,4321
(52,3681
Unrestricted revenue funds available for the general
purposes of the charity
513,485
584,744
Restricted income funds- grants
115,057
56,823
Total funds
628,542
641,567
Total Foundation funds
628,542
641,567
Performance Plus Sport UK- the linked charity's financial position lor the year ended 31
August 2024
The principal source of the linked charity's income comprised donations and grants of £101,527
12023.. £80,424).
The financial position of the linked charity a131 August 2024 and comparalives for the prior period
which is reported in restricled funds, is more fully detailed in the financial statements and can be
summarised as follows".
2024
2023
Net {expenditure) l income
{8,612}
12,610
Restricted funds
96,353
104,965
Total restricted funds
96,353
104,965
Total linked charity funds
96,353
104,965
Page11
www.henmanfoundation.org
Supporting thetrar6fortrotion ofthe lives of dsathantaged young people
in

Titn Hentllan Foundation Report and Unaudited Financial Statements
for year ended 31 August 2024
TIM HENMAN
FOUNDATI N
Expenditure incurred in the period in order to raise income in the future
We have an additional Key Performance Indicator for raising funds. We aim to raise at least £6 per
£1 spent on fundraising. The average across a range of ten comparable charities was £5.09 raised
per £1 spent on raising funds.
In 2023-24, we spent £90,757 on raising funds, which means for every £1 spent, the Foundation
raised £6.33.
Expenditure accounting policy
We have Key Performance Indicators for planning our annual expenditure. Each year, we aim lo
spend at least 750/0 of our annual expenditure on charitable activities, below 20 % on fundraising and
below 50/0 on governance.
In 2023-24, we spent 83°A on charitable activity (2023.. 810A), 14 /0 on fundraising (2023.. 160/0) and
3 % on governance (2023. 3 %).
charitable
Activity
Fundraising
For every £1 we spend
on raising funds we
raised £6.33
Governance
Of the Foundation's charitable activity expenditure, we aim to grow the sport and education
programmes proportionately. In 2023-24, 530/0 was spent on sports programmes and 210/0 was
spent on education programmes. The remaining 260/0 was given as grants.
The Foundation has historically been a grant-giving charity and following a Trustee review in 2022 it
was resolved to change the emphasis of the charity from grant making to service-provision (termed
direct delivery by the Foundation). With the goal of designing programmes based on need and
having more control over where the programmes are delivered, to whom and by whom.
In 2021-22 77% of charitable expenditure {THF only) was considered grant-giving, with the
remaining 230h Classified as direct delivery. The aim was to increase direct delivery by at least 100
each year. In 2022-23 the Trustees spent 55 % on grants and 450/0 on direct delivery- an increase of
22 %. And in 2023-24 the Trustees spent 260/9 on grants and 740h on dired delivery- an increase of
29%.
Availability and adequacy of assets of each of the funds
The board of Truslees is satisfied that the charity's assets in each fund are available and adequate
to fulfil its obligations in respect of each fund.
Page 12
www.henmanfoundation.org
Supporting thetrar6fortrotion ofthe lives of dsathantaged young people
in

Titn Hentllan Foundation Report and Unaudited Financial Statements
for year ended 31 August 2024
TIM HENMAN
FOUNDATI N
Policies on reserves
At 31 August 2024, the Foundation finished the year with £137,014 (2023.. £242,727) of free
reserves {total funds held less restricted funds and Investment Account) which is 4.1 months {2023.'
7.4 months) of unrestricted annual expenditure.
The Foundation aims to have be￿een 50-750/0 of budgeted annual expenditure over the next 12
months in cash at each year end.
At 31 August 2024, Gash on the balance sheet was £365,82812023'. £408,709), which represents
550/0 of budgeted annual expenditure of £665,905 in 2024-25 (2023.. 730/0 of budgeted annual
expendilure of £567,561 in 2023-24).
Investment policy and perforniance
The charity's constitution permits the Foundation to invest the monies not immediately required for
its purposes in deposits or investments and to delegate the management of the investments to a
financial expert.
The Investment Account was slarted in August 2022 after a legacy gift and ils primary purpose is lo
act as a 'back-up' fund and allow the Foundation to meet budgeted expenditure should unforeseen
circumslances prevent fundraising. At 31 August 2024 Ihe Investment Account value was £376,471
12023.. £342,017), which represents 570/0 of budgeted annual expenditure of £665,905 in 2024-25
12023: 600/0 of budgeted annual expenditure of £567,561 in 2023-241. The intention is to use 40/0 of
the rolling 3 year average value of the Investment Account on charitable activity.
In the period ending 31 sl July 2024 the investment fund returned 11.7 % against RPI growth of 3.70
in the same period. Following a review of investment fund performance in July 2024 the Iruslees
chose lo move from a balanced growth fund to a low cost global equity tracker (Amundi Prima All
Country World UCITS ETF). The trustees are targeting a return on Investment of al least RPl+30/0
per annum.
Principal lunding sources in the period and how these support the key objectives of the
charity
The Foundation raised £574,707 in 2023-2412023.. £418,863), which is
a 37 % increase on lasi year {2023'. 52 % increase).
38 % of this was from Trusts and Foundations 12023.. 38 %), 200A from
individuals (2023.. 190A), 190A from events {2023.' 24010) 50A from local
authority grants {2023'. 0°/o) and 6 /0 from corporate partnerships {2023'.
120/01. 12010 was from gift aid, donations in kind and bank interest 12023..
increase in
fundraising
The distribution between the main sour￿$ of fvnding remained similar
to last year. All funding sources increased, apart from corporate
donations. And there was one new source of funding which came from
local authority grant.
Page 13
www.henmanfoundation.org
Supporting thetrar6fortrotion ofthe lives of dsathantaged young people
in

Titn Hentllan Foundation Report and Unaudited Financial Statements
for year ended 31 August 2024
TIM HENMAN
FOUNDATI N
The chart below shows a further breakdown of the funds raised..
Third Paty Fundraisin
Spring Dinnèr
Maslerclass & Exhib￿0￿
Gifts in ￿ftd
8.0%
Grdnt fundrai￿ng
32.0'io
Sumtr*r di
13001.
Ital cam
General donations
16.0*0
Christmas Challeng8
Across all 421 donations (2023.. 337}, the average donation was £1,203 {2023.' £1,240).
530/0 {2023.' 68% } of donations were small (under £99), which accounted for 1 % of income
(2023.. 20hl.
140/0 {2023.' 130/0) were large donations (above £2,500), which accounted for 830h {YE23'.
880/0) of income.
There were 334 donors across the year (2023.. 266}, who donatéd on average 1.26 times per
year12023'. 1.271. 233 donors were new {2023'. 206).
Of the 60 large donations {2023. 45), 26 were new {2023.' 22) and (excluding these new
donations) 880/012023.. 970/0) of donors who donated this year, also did so last year.
There was a 77 % rate of repeal donors 12023.. 930hl. These are donors who donated this
year and last year, excluding new donors.
There was a 530/0 drop off rate12023'. 62 % }. These are donors who donated last year but not
this year.
334
Thank you to all of the 334 donors and funder5
who supported us this year.
Page 14
www.henmanfoundation.org
Supporting thetrar6fortrotion ofthe lives of dsathantaged young people
in

Titn Hentllan Foundation Report and Unaudited Financial Statements
for year ended 31 August 2024
TIM HENMAN
FOUNDATI N
Plans for the future
Following a Trustee review in 2022 there were two main goals..
1. Clarifying what THF stands for and.,
2. Refining its work to make maximum impact for ils beneficiaries.
A Strategy 2022-25 was then developed focusing on four main factors,. charitable activity,
fundraising, impact and communications. Each area was broken down by headline goals, objectives
on how this goal will be achieved, year-end updates and a set ol key performance indicators to track
progress year-on-year.
Throughout the period of the Strategy, the THF has seen growth across
all of these areas. At year-end 2023 there was 47 /0 growth across 48
key performan￿ indicators and at year-end 2024 there was a further
29 % of growth.
In November 2024, the Board of Trustees will begin another review
ahead of the Strategy 2025-28 to make sure the Foundation is fit for
purpose to support those who need it the most. Any changes will be
signed off by Trustees ahead of September 2025.
Annual Growth of 29%
(based on 48 KPlsl
Tim
Henman
iTrnman
Page 15
www.henmanfoundation.org
Supporting thetrar6fortrotion ofthe lives of dsathantaged young people
in

Titn Hentllan Foundation Report and Unaudited Financial Statements
for year ended 31 August 2024
TIM HENMAN
FOUNDATI N
Statement of responsibilities of the Trustees
The Trustees are responsible for preparing the Trustees, annual report and the financial statements
in accordan￿ with applicable law and Uniled Kingdom Accounting Standards (United Kingdom
Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the Trustees of the charity 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 reSoUr￿S and application of resources of the charity for that period.
In preparing these financial statements, the Trustees are required to..
Select suitable accounting policies and then apply them consistently.,
Observe the methods and principles in the Charities SORP.,
Make judgements and estimates that are reasonable and prudent.,
State whether applicable accounting standards have been followed, subject to any material
departures disclosed and explained in the financial statements., and
Prepare the financial statements on the going concern basis unless it is inappropriate to
presume that the charity will continue in operation.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable
accuracy at any time the financial position of the charity and enable them to ensure that the financial
statements comply with the Charity 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 taking reasonable steps for the prevention and detection of fraud and other
irregularities.
Approved by the Trustees and signed by order of the Trustees
Mark Laurence
Trustee
Date.. 13th De￿mber 2024
Page 16
www.henmanfoundation.org
Supporting thetrar6fortrotion ofthe lives of dsathantaged young people
in

Titn Hentllan Foundation Report and Unaudited Financial Statements
for year ended 31 August 2024
TIM HENMAN
FOUNDATI N
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES
OF THE TIM HENMAN FOUNDATION
report to the Trustees on my examination of the financial statements of The Tim Henman Foundation
{the Foundation) for the year ended 31 August 2024, which are set out on pages 18 to 31.
Responsibilities and basis of report
As the charity Truslees of Ihe Foundation, you are responsible for the preparation of the financial
statements in accordance wilh the requirements of the Charilies Act 2011 {'Ihe Act'l.
I report in respect of my examination of the Truslee's financial statements carried out under section 145
of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by
Ihe Charity Commission under section 14515llbl of Ihe 2011 Acl.
Independent examiner's report
Since the Foundation's gross income exceeded £250,000 your examiner musl be a member of a body
listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because I
am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed
bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection
with the examination giving me cause to believe that in any material respect..
1. Accounting records were not kepl in respect of the Foundalion as required by section 130 of the
Acl., or
2. The financial statements do not accord with those accounting records., or
3. The accounts do not comply with the applicable requirements concerning the form and content of
accounts sel out in the Charities {Accounts and Reports} Regulations 2008 other than any
requirement that the accounts give a 'lrue and fair view, which is not a matter considered as part
of an independent examination.
4. The financial statements have not been prepared in accordance with the methods and principles
of the FRS 102 SORP (Slalement of Recommended Practi￿ for Accounting and Reporting by
Charities (applicable lo charities preparing their financial slalements in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021.
I have no concerns and have come across no other matters in connection with the examination to which
attention should be drawn in this report in order lo enable a proper understanding of the financial
statements to be reached.
This report is made solely to the charity's trustees in accordance with Part 4 of the Charrties (Accounts
and Reports) Regulations 2008. My work has been undertaken so that I might slate to the charity's
trustees those matters l am required to state to them in an independent examiner's report and for no
other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility lo anyone
other than the charity and the charity's trustees for my work or for this report.
D R GOLD BAFCADP:.
Independent Examiner
Armstrong Watson LLP
One Strawberry Lane
Newcastle upon Tyne NE14BX
Date= 16th December 2024
Page 17
www.henmanfoundation.org
Supporting thetrar6fortrotion ofthe lives of dsathantaged young people
in

THE TIM HENMAN FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 AUGUST 2024
Note
Restrieltd
Rtstrltted
fllttds
2024
2023
Ilirtktd ¢h#rilvl
Total
Total
Income from:
Doiiatior15, grants and legacies
Other trading activities
Investments
177.663
108,825
11,992
174,700
101,527
453.890
108.825
11,992
309,8i9
102.520
6,504
Total income
298.480
174,700
101.527
574.707
418.863
Expenditure OTh:
Raising funds
Chari(able activities
90,059
310.087
698
109.441
90.757
535.994
72.129
386.492
116.466
Total expenditure
400.146
116,466
10,139
626.751
458,621
Net (expenditure) l income
(101,666}
58,234
(8,612}
152,0441
{39,758)
Net gains / (losses) on iniestments
30.407
30.407
(8.3311
Net (expenditure) l income before tran5fer5
171,259)
58.234
{8,612)
121.6371
{48,089)
Tran5fer5 between fuNd5
14
Net movernent in funds in year
171.259}
58,234
{8,612}
121,6i71
{48,0891
Reconciliftlitsn offund5
Total funds brought forward
Total funds brought fL)rward- linked
charity
Total funds carried forward
584,744
56,823
641,567
104,965
702,266
92.355
104,965
5 li.485
15,057
96.353
724.895
746,5i2
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derives from continuing activities.
The notes on pages 18 to 29 fom) part of these financial statements
18

THE TIM HENMAN FOUNDATION
BALANCE SHEET
AS AT 31 AUGUST 2024
Note
2024
2023
Fixed assets
Investments
376,471
342.017
Current assets
Debtor5
10
3,045
269,475
96,353
368.873
4.339
303,744
104,965
413.048
Cash at bank and in hand
Cash at bank and in hand- linked charitv
Creditors: amliunts falling due within
one year
{20,4491
{8,5331
Net current assets
348,424
404.515
Net assets
724,895
746.532
Funds of the charity
Unrestricted incoine funds
Restricted income funds
Restricted income funds- linked charity
513.485
15,057
96,353
584,744
56.823
104,965
16
16
Total charitv funds
12
724.895
746.532
The fii)ancial statements were approved and signed by the Trustees ai)d authorised for issue on 13 December 2024
Mark Laurence
Trustee
The notes on pages l 8 to 29 fomi part of these financial statements
19

THE TIM HENMAN FOUNDATION
STATEMENT OF CASH FLOWS
AS AT 31 AUGUST 2024
2024
2023
Cash flows from operating activities:
Net cash used in operating activities
(a)
(43,949>
{49,999)
Cash flows from investing aetivities:
Dividends and inteiest from investments
Purchase of investmeiits
5,115
(377,352)
370,208
3,323
Proceeds from sale of investments
Net cash provided by investing activities
{2,0?9}
3.323
Change in eash in the year ended 31 August 2024
145,978}
{46,6761
Cash at I September 2023
414,682
461.358
Cash at 31 August 2024
368,704
414.682
(a) Reconciliation of Net expenditure to net cash flow frorn operating activities
Net expendiiure for the vear ended 31 August 2024 (as per the stsrement of
financial activities)
Adjustments for:
(Gailis) I losses on investments
Dividends and interest from investtnei)ts
Decrease l (increase) in debtors
Increase l (decrease) in creditors
(21,637)
{48,089)
130,407}
{5.115}
1,294
8,331
(3,3231
(4.157)
{2,761)
Net Cash used in operating aetivities
143.949}
{49,999)
(b) Analysis of cash and cash equivalents
Cash at bank
Cash at bank- linked charity
Casl) held bv investment adviser (note 9)
269,475
303.744
104,965
5,973
2.876
Total cash and cash equivalent5
368,704
414.682
20-

THE TIM HENMAN FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
l. Structure of Charity
The charity is a Charitable liicorporated Orgaiiisation (CIO) registered with the Charities Commission in
England and Wales.
If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and
liabilities, the assets represented by Ihe accumulated fund shall be transferred to some oiher charitable body
or bodies having similar objects to the charity.
2. Accounting policies
The principal accounting policies adopted, judgements gnd key sources of estimation uncertainry in the
preparation of the financial statements are as follows..
a) Basis of preparation
The financial stateinents have been prepared under the historical cost conventioii with item5 recO￿lsed at
cost or transaction value unless stated otherwise. The financial statements have been prepared in
accordgnce with Ihe Statement of Recommended Practice.. Accounting and Reporting by Charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland (FRS 102). the Finai)cial Reportii)g Standard applicable in the Ui)ited Kingdom ai)d
Republic of Ireland (FRS 102) and the Charities Act 2011.
The financial ststements have been prepared to give a'true and fair, view gnd have departed from the
Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a'true and fair
view.. This departure has involved following Atcounting and Reporting by Charities preparing their
account5 in accordaiice with the Financial Reportiiig Stslndard applicable in the UK and Republic of
Ireland {FRS 1021 rather than the Accountin£ and Reporting by Charities.. Statement of Recommended
Practice effective from l April 2005 which has since been withdrawn.
The charity consiitutes a public benefit entity as designated by FRS 102.
The financial ststements are prepared in sterling which 15 the functional and presentstioi) currency of the charity-
b) Preparation of the accounts on a going concern basis
The charitable activities are entirely dependent on continuing voluntary donations as well as fundraising events.
Therefore the going concern basis is depei)deni on the I'uture flow of these uncervdin lui)dii)g streams. The Trustees
are satisfied thilt, at the time of approvin¥ the finanLial 5tatenients, it 15 appropriate to adopt the ¥oiii¥ coiicern
basis in preparing the finai)cial Statements. Other thali these matters, the Tnjstees are not aware of any
material uncertainites about the charity's ability to ¢ontinue as a going concern.
e) Policies relating to categories of income and ineome recognition
Nature of income
Gros% income represents the funds received or receivable by the foundation from donations, grants and
fundraising events.
Categories of ineome
Income is categorised as income from exchan(Te transactions (contract income) and incotne fro
non-exchange transactions (gifts).. investment income and other income.

THE TIM HENMAN FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
2. Aeeounting polieies (continiied)
Ineome from exchange transactions is received by the charity for goods or services supplied under coniraet
or where entitlement is subjeci to fulfilling perfomiance related conditions. The income the charity receives
is approximately equal in value ro the goods or services supplied by the chariry to ihe purchaser.
Income fron] Non-exchange tran5actiON5 15 where the charity receive5 value from the doiior without
providing equal value in exchange, and includes donations of nioney, goods and services freely given without
giving equal value in exchange.
Income recognition
Income, ￿'hether from exchange or non exchange transactions, is recognised in the statement of financial
activities ISOFAI on a receivable basis, when a transaction or other event results in an increase in the charity's
assets or a reduction in its liabiliiies and only when the chariry has legal entitlement, the incoine is probable
aiid cali be measured reliably.
Income subject to tem]s and conditions which must be met before the charity is entitled to the resources is not
recognised until the conditions have been met.
All income is accounted for gross, before deducting any related fees or costs.
Invesiment income such as dividends and interesi are included when receivable.
Legacy income must be recognised whei) it is probable that it will be received. Receipt is normally probable
when..
there has been bFrant of probate.,
the executors have establishcd that Ihere are sutTicient assets in the estate, after s¢itling any liabiliiies, to pay
the legacy,. and
any conditilins attached to ihe legacy are either within Clinirol of the charity or have been met.
Aeeounting for deferred income #Nd ineome reeeived in advance
Where temis and conditions relatiiiLF to income have not beeii met or uncertainty exist5 as to whether the
charity can meet any iernis or ¢onditions otherwise within its control, income is not recognised but is deferred
as a liability until it is probable that the terms or conditions imposed can be met.
Any grant that is subject to perfornianc¢-related ¢onditions re¢eived in advance of delivering the goods and
services required by that condition, or is subject to unmet condiiions wholly outside the control of the recipient
charity. is accounted for as a liability and shown on ihe balance sheet as deferred income. Deferred income is
released to income in the reporting peiiod in which the perfonnance-related or other conditioi)s that limit
recognition are Inet.
When income from a grant or donatioii has not been recognised due to the conditions applying to the gift not
being wholly M'ithin the control of the recipient charity, it is disclosed as a contingent asset if receipt of the grant
or donaiion is probable once ihose conditions are met.
Where tinie related condition5 are imposed or iinplied b), a fuiider, then the income 15 apportioiied to the
tiine periods concert]ed, and, where applicable. 15 accounted for as a liability and shown on the balance sheet
as deferred income. W'heii gr8lltS gTe received in advance of the expenditure on the activity fiinded by them,
but there are no specific time related conditions, then Ihe income is not deferred.
Any condition that allows for the recovery by the donor of any unexpended part of a grant does not prevent
recognition of tlie inconie coiicerned, but a liability to an), repayment is recognised wlien repay￿lent becoine5
probable.
22-

THE TIM HEf4MAN FOUIYDATIOIY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
2. Aeeounting policies (c'upilinued)
d) Recognition of liabilities and expenditure
A liability, and the related expendiiure, is recognised when a legal or constructive obligation exisis as a result
of a past event, ai)d whei) it is probable that a settlement will be required and the amount of obligation can be
niea5ured reliably.
Liabilities arising from fi]ture funding Commitmenis and constructive obligations, where the timing or the
amount of the future expenditure required to settle the obligation are uncertain, give rise to a provision in the
accounts, which is reviewed ai the accounting year end. The provision is increased io reflect any increases in
liabilities, ai)d is decreased by the utilisation of ai)y provision within the period, and reversed if any provision is
no longyer required. These inovements are charged or credited to the respective fund5 and activities to which
the provision relates.
e) Listed investments
Invesiments are a fom of basic financial instrument and are initially recognised at their transaction value and
subsequently n)easured at their fail value as at the balance sheet date using the closing quoted market price.
Gain5 or losses ari5in¥ on revaluation or disposal are recogFnised in the Statement of financial activities
in the funds in which the investments are held.
Debtors
Debtors are measured at their recoverable amounts ar the balance sheet date.
g) Cash and bank balance5
Cash held by the cliarity is included at the ainount actually held aiid counted at the vear end. Bank balances,
whether in Credit or overdrawn, are shown at Ihe amounts properly Teconciled to the bank statements.
h) Creditors and provisions
Creditors and provisions are recogt)ised wl)ere the charity has a present obligation resulting from a past
event that will probably result in the transfer of fuiids to a tliird party and the amount due to settle the
obligations can be Tneasured or estimated reliably.
i) Fund structure
General funds are available for use at Ihe discretion of the Trustees in furtherance of the general objectives
of the cl)arit>'
tksignated fund5 are unrestricted funds eannarked by the Trustees for particular purpose5.
Restricted ￿ndS of the charity are given for a specific purpose and further detsils are provided in note 16 to the
financial statements.
Restricted funds- Performanct Plus Sport UK (linked charity)
Perloimance Plus Sport UK was established in accordance with its Constitution as adopted 28 November
2018 and perynission ha5 been ¥ranted by the Charities Commission to treat it as a linked charity for
registrdtion and accounting purposes.
j) Pension costs
The charity operates a defined contribution money purchase scheme. The chariry has no liability beyond
making its contributions and payii)g across tl)e deductions for employees, contributions.
23-

THE TIM HENMAN FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
2. Accounting policies (¢onlinued)
k) Liability to taxation
The Trustees consider that the charity satisfies the tests set out in Paragraph I Schedule 6 of the Finance Act
2010 for UK corporation tax purposes. Accordingly, the Charity is potentially exempt from taxaiion in respect of
income or capital gains received wiihin categories covered by chap￿r 3 part I l of the Corporation Tax Act 2010
or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains ale applied
exclusively on the Specific charitable objects of tlie charity and for no other PUTpose. Value Added Tax is not
recoverable by the charity,, and is therefore included in the relevant costs in the Statemeiit of Financial Activities.
l) Signifie#nec of finaneial instruments to the Charity's position
The Foundation only ha5 financial assets of a kind that qualify a5 basic financial in5trument5. Basic financial
instruments are initially recO￿lSed at transaction value aiid subsequently measured at their settlement value
3. Net {expenditure)
2024
2023
Total
Total
Net (expenditure) for the year is stated after charging..
Ii)dependent examii)ation and aecountanc>' services..
Independent examination
Accountancy Services
Pension costs
1,700
3.988
1,321
1,620
3.300
1,321
4. Donations, grants and legacies
l-nre5trirted
R¢5trirle
2024
2023
runds
fu￿d5
Ilinked charity)
Total
TotAI
a} Foundatio
Donations froin individuals
Donations from corporations and trusts
Gifi aid claimed
Donations in kind
LTA Tennis Foundation
Merton Council
Boost Charitable Foundation
Peter Harrison Foundaiion
The Bally Thomas Charitable Fund
The Morrisons Foundation
IC Philanthropy Ftsundation
John Ryder Meinorial Trust
The Victoria Foundation
The Wimbledon Foundation
Lord Barnby's Foundation
St James's Place Chariiable Foundaiion
Tl)e Christopher Laing Foundation
The Hob50n Charity
The de Byre Charitable Trnst
The HDH Wills 1965 Charitable Trust
The Boshier-Hinton Foundatilin
The Astor Fliundation
98,854
33,762
98.854
34,762
71.366
39,131
7.004
12,431
31,381
1,000
67,600
30,000
13,500
10,000
10.000
7.000
5,000
5,000
5,000
3,115
3.000
2.500
2,500
2,185
2,000
2,000
1.800
1.500
174,700
67,600
30,000
13.500
10,000
10,000
7.000
5,000
5,000
5.000
4.500
2,942
3,000
2.500
2,500
2,185
2.000
2,000
1,800
1.500
352,363
177.663
24-
168,755

THE TIM HENMAN FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
Restricted
Donations* grants and legacies (CO*llinued)
I'Dreslriettd
Restritled
funds
2024
2023
Total
Total
a) Foundation (continued)
Balance brL)ught forward
(Charities Trusi) YBS Charitable Foundation
Generdtions Foundatio
HargFreaves Foundation
Shanly Foundation
The Dalgleish Trust
The Hedley Foundation
The Story of Christmas
Tl)e Victoria Foundation
177,663
174.700
352.363
168.755
900
6,760
12,000
3.000
7,500
3.000
25,000
2,500
229.41 i
177.663
174,700
352,363
b) PerformaDee Plus Sport UK- linked charity
Donations froin individuals
16,399
69,000
16.399
69,000
6.310
59,993
14
4.107
Donations from corporations and trusts
Gift aid claimed
Donations in kind
Skii)ners' Charity Foundation
The Hollick Faniily Foundation
5,000
5,000
10.000
80.424
101,527
101.527
177,663
174,700
101,5?7
453,890
309,839
25-

THE TIM HENMAN FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
5. Other trading activities
Re5trirted
Inrestri¢ted
Re5trioled
[￿￿dS
2024
2023
fuThds
funds
{linked charity)
Tot*1
Total
Fundraising events
108,825
108.825
102.520
6. Income from investmeNt5
Restricltd
Rtstrltted
fllttds
2024
2023
Ilirtktd ¢h#rilvl
Total
Total
Interest on cash deposits
Dividends and interest from investments
6.877
5.115
11.992
6.877
5,115
11,992
3.181
3,323
6,504
7. Expenditure on charitable activities- grant funding of activities
Restricted
Ilnre5trirted
Rf5trirted
fll￿ds
2024
Total
2023
Total
Ilirtktd ¢h#rilil
Grants made to organisations (Ivvles 7u)
Reallocated from support costs
122,167
4,241
126,408
122.167
4,?41
126,408
150.671
3,569
154?40
2024
2023
7a), Breakdown of grants made to organisations
Total
Total
ABS Training Ltd
Bikur Cholim
Chadsgrove School
Maudsley Chari
Step by Step London
The Ganvood Foundation
Oxford I lospitals Charity
Activiteen5
Heritage Charity London
YMCA St Helens
Naomi House & Jack's Place
Give Youth a Break
Treloar Trust
Treasured Monients
Essex & Thaines Education
GLF schools
Crackerjacks Children's Trust
Raynes Park High School
Meridian Higl) School
Aid Pioiieer5- SyTia Emergency Response
Chailey Heritage Foundation
Frank Wise School
10,000
10.000
10.000
10,000
10,000
9.492
9,031
8,870
8,000
7,310
7,254
7.000
5,460
4.750
3,000
1,150
850
10.568
10.000
75,000
25,000
18,000
10.129
1,974
122.167
150,671
26-

THE TIM HENMAN FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
7b) Breakdown of grants made to organisations by activity
2024
Total
2024
Total
2023
Total
2023
Total
Education progranimes
Sport programnies
65,750
56,417
22.542
128.129
122,167
150.671
8. Total expenditure
RRi5iTrg
fllThds
Artiiities
Grant
Goyernanre
undertaktD
funding of
eosts
2024
Total
2023
TotAI
direftly
a) Foundation
Direct cost5
Grants made to organisations (nule 7)
Sport Programmes
Education Programmes
Accountancy and independent
examii)erfs fees
Professional fees
122.167
122.167
182,142
64,555
150.671
64,476
56,646
182,142
64,555
5,688
5.688
9.809
1.068
4,920
4,478
946
9,809
1,068
Investment maiiagement fees
Fundraisin& branding and markeiing
Fundraising evenis and costs
10,287
27,008
32,129
32,129
Allocat¢d support Costs
Staff costs
Accountancy fees
Offiee costs
27,556
27,556
3.377
4.102
281.732
3,444
422
10,333
1.266
1.126
18.413
68,889
8.442
8.607
516,612
55,758
8.490
7,127
390,807
3.004
90,059
i75
126,408
b) Performance Plus Sport UK- linked charity
Direct costs
Sport Progranimes
Education Programmes
Fundraising, branding and marketing
Fundraising costs
44,604
21.617
341
37,864
37.864
698
698
519
Allocated support eosts
Office costs
222
109,360
81
81
303
110.139
733
67.814
698
90,757
391,092
126,408
18,494
626,751
458,621
Foundation
Activities undertaken directly and grant funding
Governance costs
408.140
18,413
426,553
Performance Plu5 Sport UK- linked charity
Activities und¢rtakcn directl}, and grant funding- linked charity
Governance costs - linked charity
109,360
109.441
Total expenditure on eharitable activities
5J5.994
27-

THE TIM HENMAN FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
8. Tot81 expenditure (¢onliKued)
The aggregate staff costs were..
2024
2023
Wages and salaries
Social security costs
Pension costs
65,785
1,783
53,068
1.369
68,889
55,758
The Foundation con5ider5 Its key maiia¥enient personnel comprise the frustee5 and the Chief Executive Officer.
The total employment benefits of the key maiiagement personnel were £67,106 (2023.. £54,389}.
The average number of employees during the year, analysed by function was as follows..
2024
2023
Managemeni
The number of einployees whose einployee bei)efits (excluding employer pension costs) exceeded £60,000 was..
2024
2023
In the band £60,001- £70,000
Trnstees, remuneration and expenses
The Trustees did nLIt receive anv emoluments during the year and were not paid Lir reimbursed for any expenses.
9. Investments
2024
2023
Investments at fair value comprised:
Listed investments
Cash available for reinvestmeni by investment advisers
373,595
2,876
376.471
336,044
5.973
342.017
Listed investmeNt5
2024
2023
At I September 2023
Additions at cosi
Disposals at carrying value
Unrealised losses on revaluation
336.044
377.J52
(336,0441
{3.7571
344.375
(8,3) I I
At 31 August 2024
373,595
336.044
Historical cost at 31 August 2024
377,352
346,168
All investments are carried at their fair value. Investments in Ex¢hgnge Traded Funds are all traded in quoted public
markets.
Exchange Traded Funds are generally priced on a net asset value basis. using the closing quoted market value.
10. Debtors
2024
2023
PrepayTh¢nts and a¢crued in¢ome
3,045
4.339
3.045
4,3)9
28-

THE TIM HENMAN FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
l l. Creditors: amounts falling due within one year
2024
2023
Trade creditors
Accruals and deferred income
Other creditors
Other taxation and social security
1,060
7,664
8,125
3.600
631
6,819
1,083
20,449
12. Analysis of net assets between fund5
Net
Net
Total
Total
current
current
funds
2024
funds
2023
Investments
assets
liabilities
Unrestricted income funds
Unrestricted revenue funds
376,471
376,471
157.463
157,463
120,449}
(20,449}
513.485
513,485
584.744
584.744
Restrieted ineome fund$
Community Activitv ProgTainmes
In¢lusive Activity Programmes
39,334
75.723
15,057
39.334
75.723
115,057
34,381
22.442
56.823
Restrieteil ineome funds- linked Charity
Performance Plus Sport UK
96,353
368.873
96,353
724.895
104,965
746.5i2
376.471
120.449}
Analysis ofnel assets belweenfunds-previousperiod
Iyet
Net
Total
funds
2023
Total
funds
2022
eurrent
eurrent
lrtvestments
assets
liabilities
Unrestricted income funds
Unrestricted revenue funds
Designated revenue funds
342,017
251,260
(8,533}
584,744
627.266
75.000
702,266
342.017
251,260
{8,533}
584,744
Restricted income funds
Community Artivity Progranimes
Inclusive Activity Programmes
34.381
??,442
56,823
34,381
22,442
56.823
Restrieted ineome funds
Peiformance Plus Sport UK- linked charity
104,965
413.048
104,965
746.532
92,i55
794.621
342.017
{8,533}
29-

THE TIM HENMAN FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
13. Unrestrieted ineome funds
Movement
in resources:
Investment
Balance
2023
Balance
2024
Income
E￿penditUre
gains
Transfer
Unrestricted revenue funds
584,744
298.480
(400.1461
30.407
513.485
584.744
298.480
(400,1461
30.407
513,485
Unreslricledincomefunrfs-previousperiod
Balance
2022
Movement
resources:
Investment
losses
Balance
2023
Income
Expenditure
Transfer
Unrestricted revenue fund5
Designated revenue fiinds
627,266
75,000
281,616
(390,8071
{8,331 }
75.000
175.0001
584,744
702,266
281.616
(390,8071
{8.331 }
584,744
14. Designated revenue fund$
Designated revenue funds are unrestricted funds which have been set aside for a particular purpose. As at 31 Augusi 2024
the Foundaiion holds no designated funds.
15. Details of transfers between funds
Tl)ere were no traiisfers betweeii funds in tl)e year ended 31 August 2024.
16. Restricted income funds
Movement
in resources:
Balance
Balance
2023
Ineome
Expenditure
Transfer
2024
Restricted income fund5
Community Activitv ProgTammes
In¢lusive Activity Programmes
Opportunity Fund
Garwood Foundation
34,381
22,442
70,715
96,485
2,500
5.000
174,700
165,762}
143,204}
{2,500}
{5,000}
(116.466}
39.334
75.723
56.823
15,057
Restricted income fund5- linked charity
Perforjnance Plus Sport UK
104,965
101,527
(110,139)
96.353
Restricted grants
Grants io be used for Communiry Activity Programmes were received from The Wimbledon Foundation and LTA Tennis
Foundation. Grants to be used for Inclusive Activity Programmes were received from Merton Council, Peter Harrison
Fouiidation, The Bally fhoina5 Charitable Fund, B005t Cliaritable Foundation, The Morrisoiis Foundation, The Hobson
Charity, The Boshier-Hiiitoii Foundation, The HDH Wills 1965 Charitable Trust, The Astor Fouiidation, Lord Bariiby's
Foundation, John Rydcr Memorial frnst, The de BJTe Charitable Trust, IC Philanthropy Foundaiion and The ChTlStopher
Laing Foundation. A grani to be used for the Opportunity Fund was received from St James's Place Charitable Foundation.
A grant to be given to The Ganvood Foundation was received from The Victoria FoundaiiLIn.
Perforfftance Plus Sport UK- linked charity
The fuiids of the lit]ked charity are separately identified as Testricted funds in the financial statenients of the Foundatioii,
whi¢h is the reponing charity.
At 31 August 2024, the linked charity had net assets of £96,353. represented entirely by unrestricted funds.
30-

THE TIM HENMAN FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
16. Restri¢t¢d income funds (CO￿lIK11ed)
Movernent
in resource5:
Balance
2022
Balance
2023
Reslri¢leil iucomefunds-previousperiod
Income
E￿penditure
Transfer
Restricted ineome funds
Conimunity ALtiN'it}' Programines
Inclusive Activity Programmes
34,381
22.442
56.823
34,381
22,442
56.823
Restricted income fund$- linked charity
Performance Plus Sport UK
92,355
80,424
(67,814}
104.965
17. Related party transaetions
Tl)e chiirity has iiot entered into any related party traiisactions during the year, nor are there any outstanding
balances owed between related partie5 and the charity at 31 August 2024.