Docusign Envelope ID: AC7C36D7-B1DC-8E03-80B6-FD62C59B04BA
Charity number: 1163717
SSP FOUNDATION
UNAUDITED
TRUSTEES' REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025
Docusign Envelope ID: AC7C36D7-B1DC-8E03-80B6-FD62C59B04BA
SSP FOUNDATION
CONTENTS
| Page | |
|---|---|
| Reference and Administrative Details of the Charitable incorporated organisation, | 1 |
| its Trustees and Advisers | |
| Trustees' Report | 2 - 6 |
| Independent Examiner's Report | 7 - 8 |
| Statement of Financial Activities | 9 |
| Balance Sheet | 10 |
| Notes to the Financial Statements | 11 - 25 |
Docusign Envelope ID: AC7C36D7-B1DC-8E03-80B6-FD62C59B04BA
SSP FOUNDATION
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITABLE INCORPORATED ORGANISATION, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 30 JUNE 2025
Trustees
Sukjander Tiwana, Chair Marisa Fitch, Deputy Chair Noel Collett (resigned 19 June 2025) Daniella Giersch (appointed 22 October 2025) Rosie Jones (resigned 1 May 2025) Roxanne Minbatiwala Andrew Winter Christopher Wright, Hon. Treasurer Lauren Wood
Charity registered number
1163717
Principal office
Jamestown Wharf 32 Jamestown Road London NW1 7HW
Accountants
Kinnair Associates Limited Aston House Redburn Road Newcastle upon Tyne NE5 1NB
Bankers
NatWest Bank plc PO Box 12258 1 Princes Street London EC2R 8BP
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SSP FOUNDATION
TRUSTEES' REPORT FOR THE YEAR ENDED 30 JUNE 2025
The Trustees present their annual report together with the financial statements for the year from 1 July 2024 to 30 June 2025.
The financial statements have been prepared in accordance with the accounting policies set out in the notes to the financial statements and comply with the Charity’s governing document, the Charities Act 2011 and the relevant version of the Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
Objectives and activities
Policies and objectives
The Charity’s objectives are to provide grants to UK registered charities which help those struggling to feed themselves or which combat food poverty and / or food waste.
The Charity also has an objective of match funding charities selected by UK based employees of the SSP Group (principally employees of Select Service Partner UK Limited or "SSP UK" but also SSP Group Plc, SSP Financing UK Limited or “SSP FinUK” and Rail Gourmet U.K. Limited) where the employees raise funds themselves for such charities or provide time to assist such charities. The Charity will also make donations (from time to time) to charities nominated by UK based employees of the SSP group as part of a programme of ensuring the SSP workforce is aware of the Charity and that it is passing monies to good causes.
The Charity's policies are designed to help it achieve its objectives - further details are provided below.
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.
Strategies for achieving objectives
The Charity works with UK based employees of the SSP Group to identify charities which help those struggling to feed themselves or which combat food poverty and / or food waste and communicates with these colleagues on a regular basis to inform them of its activities, and of its match funding arrangements.
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SSP FOUNDATION
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025
Objectives and activities (continued)
Grant-making policies
The Charity has a detailed policy on grant making. Consequently, grants should only be made where the purpose is:
a) to make larger grants to charities which are working to alleviate food poverty (generally helping those struggling to feed themselves or which aim to redistribute food that would otherwise go to waste) as selected by the Trustees
b) to make small grants to charities working to alleviate food poverty as selected by UK based colleagues of the SSP group.
c) to match funding raised by UK-based employees of the SSP group who have undertaken personal fundraising or volunteering for a registered charity,
Any grants made under (a) above must include a provision that detailed progress reports are made on a regular basis to the Foundation to enable it to determine that proper use is being made of the funding.
Applications for donations must be scrutinised and must be approved by the Trustees before notification confirming payment can be given to the applicant. Donations will only be given to fund work or other activities that will help the Foundation carry out its objects, for example by supporting “local charities” that operate in the communities where SSP UK operates.
Main activities undertaken to further the charitable incorporated organisation's purposes for the public benefit
During the year, the main activity undertaken by the Charity was the running of a further Charity Gala Dinner with the proceeds going to FareShare, to allow them to purchase a further lorry to help collect additional surplus food and share it out across their network.
In addition, the Trustees agreed to support 43 charities nominated by UK-based employees of SSP Group, and made a small number of match funding grants.
The Trustees confirm that they have had full regard to the public benefit guidance provided by the Charity Commission.
Achievements and performance
Key performance indicators
The Charity has been operating since December 2015. It keeps track of donations made via collection boxes at SSP UK sites on a regular basis and will review and amend KPI's according to the level of funds received from fundraising.
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SSP FOUNDATION
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025
Achievements and performance (continued)
Review of activities and income generation
Historically, the Foundation’s principal method of raising funds was from placing collection tins in food and beverage outlets operated by SSP UK Limited in railway stations and airports in the UK and from the bag levy that retail outlets run by SSP UK Limited collected from their customers for providing them with single use carrier bags.
As customers visiting those units have increasingly moved to paying with a credit or debit card or similar rather than by cash, and generally now buy ‘bags for life’ rather than single use carrier bags, donations have inevitably declined in value, a trend that was accelerated due to Covid, so the Foundation started to look at alternative funding activities, which initially included hosting Gala Dinner Fundraisers, with an auction and a raffle, and during the year we started trialing the use of collecting micro-donations through card machines in units operated by SSP UK Limited in conjunction with Pennies, something we look to ramp up during 2026.
As at 30th June 2025, three Gala dinners had been held:
-
May 2023: Hosted by the SSP Foundation, raising circa £212,000;
-
April 2024: Hosted by SSP Financing UK Ltd on behalf of the SSP Foundation, raising circa £270,000; and
-
April 2025: Hosted by SSP Financing UK Ltd on behalf of the SSP Foundation, raising circa £215,000 subject to final cash receipts and costs.
Each year the Trustees have discussions with various potential charity partners to look at opportunities to support projects linked to food poverty and food waste. Having supported both FareShare and Trussell Trust with the proceeds of our first two Gala Dinners, the Trustees decided to focus on just one Charity for the Third Gala Dinner so that we could make a more substantial impact, and chose FareShare to be the recipient, with the funds to be used to purchase an additional lorry to help them access further supplies of surplus food and better distribute across their network.
During the year the Foundation made the following grants:
-
Distributed grants of £135,000 to both FareShare and the Trussell Trust relating to the Gala dinner hosted in 2024;
-
Made 37 grants of £1,000 to a range of charities working to alleviate food poverty that were nominated by UK based colleagues of the SSP Group;
-
Made 3 match funding grants totalling £1,400 to charities nominated by UK based colleagues of the SSP Group who either raised funds or gave their time to the value of the grants; and
-
Made a final grant of £6,196 to Macmillan from cash received from collection tins.
The payment for the April 2025 Gala will take place in the next financial year, when the final amount raised has been confirmed. Both costs and receipts not received ahead of the year end have been provided for at the year end.
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SSP FOUNDATION
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025
Financial review
Going concern
After making appropriate enquiries, the Trustees have a reasonable expectation that the charitable incorporated organisation has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
Reserves policy
The reserves policy continues to be developed as the level of the Charity’s income and fixed costs evolve given new fundraising activity.
It is expected that the policy will be to maintain sufficient reserves to meet one year’s running expenses and to hold funds for all committed spend and/or projects made by the end of the accounting period.
Principal funding
In the year, the Charity hosted its third Gala Dinner fundraiser, with net proceeds raised being donated to FareShare. In addition, the Charity continues to receive funds from donations made by members of the public, who put cash into collection boxes at food and beverage outlets operated by SSP UK Limited, the main UK operating company within the SSP group. Employees also raise funds through various fundraising activities.
Structure, governance and management
Constitution
The charitable incorporated organisation was incorporated on 24 September 2015 and commenced trading on that date.
The principal object of the Charity is to hold its funds (and any income arising therefrom) on trust to pay or apply in such way as the Trustees think fit for such charitable purpose or for the benefit of such charitable institutions as the Trustees decide.
Methods of appointment or election of Trustees
The management of the Charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Constitution. Although not a requirement, all the current Trustees are, or were, employees of companies within the SSP group of companies.
Organisational structure and decision-making policies
The Charity is a small organisation and operates through its board of Trustees, who meet regularly. All decisions are taken at meetings of the Trustees.
Policies adopted for the induction and training of Trustees
The Trustees provide copies of the Constitution and relevant Charity Commission guidance to new Trustees and expect all Trustees to attend such training courses as are relevant to ensuring Trustees carry out their responsibilities in an appropriate fashion.
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SSP FOUNDATION
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025
Plans for future periods
The Charity ran another Gala Dinner in April 2026 with net proceeds pledged to FareShare Felix, and is planning a further one in 2027; and will continue to make grants to charities focussed on alleviating food poverty as nominated by UK-based colleagues of SSP group and to offer match funding to UK-based colleagues of SSP group.
The Charity has also committed to providing £100,000 worth of support to the Trussell Trust in 2026.
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 & Wales requires the Trustees to prepare financial statements for each financial which give a true and fair view of the state of affairs of the charitable incorporated organisation and of its incoming resources and application of resources, including its income and expenditure, 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 of the Charities SORP (FRS 102);
-
make judgments and accounting estimates that are reasonable and prudent;
-
state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable incorporated organisation will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable incorporated organisation's transactions and disclose with reasonable accuracy at any time the financial position of the charitable incorporated organisation and enable them to ensure that the financial statements 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 charitable incorporated organisation and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the members of the board of Trustees on 30 April 2026 and signed on their behalf by:
Christopher Wright
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SSP FOUNDATION
INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 30 JUNE 2025
Independent Examiner's Report to the Trustees of SSP Foundation ('the charitable incorporated organisation')
We report to the charity Trustees on our examination of the accounts of the charitable incorporated organisation for the year ended 30 June 2025.
Responsibilities and Basis of Report
As the Trustees of the charitable incorporated organisation you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').
We report in respect of our examination of the charitable incorporated organisation's accounts carried out under section 145 of the 2011 Act and in carrying out our examination we have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent Examiner's Statement
Since the charitable incorporated organisation's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. We confirm that we are qualified to undertake the examination because we are a member of The Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
Your attention is drawn to the fact that the charitable incorporated organisation has prepared the accounts in accordance with 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) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.
We understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
We have completed our examination. We confirm that no matters have come to our attention in connection with the examination giving us cause to believe that in any material respect:
-
accounting records were not kept in respect of the charitable incorporated organisation as required by section 130 of the 2011 Act; or
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the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination.
We 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 to enable a proper understanding of the accounts to be reached.
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SSP FOUNDATION
INDEPENDENT EXAMINER'S REPORT (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025
This report is made solely to the charitable incorporated organisation's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our work has been undertaken so that we might state to the charitable incorporated organisation's Trustees those matters we are required to state to them in an Independent Examiner's 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 charitable incorporated organisation and the charitable incorporated organisation's Trustees as a body, for our work or for this report.
Signed: Detlev Anderson FCA
Dated: 30 April 2026
Kinnair Associates Limited Aston House Redburn Road Newcastle upon Tyne NE5 1NB
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SSP FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2025
| Note Income from: Donations and legacies 3 Other income 4 Total income Expenditure on: Raising funds 5 Charitable activities 7 Total expenditure Net movement in funds Reconciliation of funds: Total funds brought forward Net movement in funds Total funds carried forward |
Unrestricted funds 2025 £ 40,380 - 40,380 - 43,171 43,171 (2,791) 421,491 (2,791) 418,700 |
Restricted funds 2025 £ - 314,400 314,400 125,340 270,000 395,340 (80,940) 274,337 (80,940) 193,397 |
Total funds 2025 £ 40,380 314,400 354,780 125,340 313,171 438,511 (83,731) 695,828 (83,731) 612,097 |
Total funds 2024 £ 25,982 382,927 408,909 122,714 305,746 428,460 (19,551) 715,379 (19,551) 695,828 |
|---|---|---|---|---|
The Statement of Financial Activities includes all gains and losses recognised in the year.
The notes on pages 11 to 25 form part of these financial statements.
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SSP FOUNDATION
BALANCE SHEET AS AT 30 JUNE 2025
| Note Current assets Debtors 11 Cash at bank and in hand Current liabilities Creditors: amounts falling due within one year 12 Net current assets Total assets less current liabilities Total net assets Charity funds Restricted funds 14 Unrestricted funds 14 Total funds |
595,954 282,327 878,281 (266,184) |
2025 £ 612,097 612,097 612,097 193,397 418,700 612,097 |
326,719 529,662 856,381 (160,553) |
2024 £ 695,828 |
|---|---|---|---|---|
| 695,828 | ||||
| 695,828 | ||||
| 274,337 421,491 |
||||
| 695,828 |
The financial statements were approved and authorised for issue by the Trustees on 30 April 2026 and signed on their behalf by:
Christopher Wright
The notes on pages 11 to 25 form part of these financial statements.
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SSP FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
1. General information
SSP Foundation is a charitable incorporated organisation registered with the Charity Commission in England and Wales as charity number 1163717. The principal office is at Jamestown Wharf, 32 Jamestown Road, London, NW1 7HW.
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), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
The financial statements have been prepared to give a 'true and fair' view and 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 the Charities SORP (FRS 102) published in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
SSP Foundation meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
The financial statements are presented in pounds Sterling and rounded to the nearest pound.
2.2 Going concern
At the time of approving the financial statements, the Trustees have a reasonable expectation that the Charity has adequate financial resources to continue in operational existence for the foreseeable future and they continue to adopt the going concern basis of accounting in preparing the financial statements.
2.3 Income
All income is recognised once the charitable incorporated organisation has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
2.4 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 on raising funds includes all expenditure incurred by the charitable incorporated organisation to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the charitable incorporated organisation's objectives, as well as any associated support costs.
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SSP FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
2. Accounting policies (continued)
2.4 Expenditure (continued)
Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a commitment, but not accrued as expenditure.
All expenditure is inclusive of irrecoverable VAT.
2.5 Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
2.6 Cash at bank and in hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
2.7 Liabilities and provisions
Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the charitable incorporated organisation anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
2.8 Financial instruments
The charitable incorporated organisation only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
2.9 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charitable incorporated organisation and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charitable incorporated organisation for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
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SSP FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
3. Income from donations and legacies
| Unrestricted funds 2025 £ Donations 40,380 Unrestricted funds 2024 £ Donations 25,982 |
Total funds 2025 £ 40,380 |
|---|---|
| Total funds 2024 £ 25,982 |
4. Other income Income from fundraising events
| Fundraising Fundraising |
Restricted funds 2025 £ 314,400 Restricted funds 2024 £ 382,927 |
Total funds 2025 £ 314,400 |
|---|---|---|
| Total funds 2024 £ 382,927 |
As in 2024 a charity Gala Fundraiser was held in the year to raise money to donate to Fare Share and Trussell where any funds raised, less expenses, were to be split equally between both charities.
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SSP FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
5. Expenditure on raising funds
Fundraising trading expenses
| Fundraising expenses Fundraising trading expense 6. Analysis of grants Grants payable Grants payable |
Restricted funds 2025 £ 125,340 Restricted funds 2024 £ 122,714 Grants to Institutions 2025 £ 310,500 Grants to Institutions 2024 £ 303,089 |
Total funds 2025 £ 125,340 |
|---|---|---|
| Total funds 2024 £ 122,714 |
||
| Total funds 2025 £ 310,500 |
||
| Total funds 2024 £ 303,089 |
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SSP FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
| . | Analysis of grants | ||
|---|---|---|---|
| 2025 | 2024 | ||
| £ | £ | ||
| 1st Larch Farm Scout Group | - | 1,000 | |
| 1st Silver End Scout Group | - | 1,000 | |
| 4Louis | - | 1,000 | |
| 5th Crawley Scout Group | - | 1,000 | |
| Abdullah Aid | - | 1,000 | |
| Aching Arms | - | 1,000 | |
| Acorns Children's Hospice Trust | - | 1,000 | |
| Action for Children | - | 1,000 | |
| Age UK Trafford | - | 1,000 | |
| Air Cadet Charity CIO | - | 1,000 | |
| Anthony Nolan Trust | - | 1,000 | |
| Asha-Nepal UK | - | 1,000 | |
| Autism West Midlands | - | 1,000 | |
| BAPS charities | - | 1,000 | |
| Bassetlaw Foodbank | 1,000 | - | |
| Beaumond House Community Hospice | (1,000) | 1,000 | |
| Birmingham Children's Hospital Charity | - | 1,000 | |
| Birmingham Women and Children's Hospital Charity | - | 1,000 | |
| Black Country Foodbank | 1,000 | 1,000 | |
| Breast Cancer UK | - | 1,000 | |
| Bristol and Bath Parks Foundation | - | 500 | |
| Bristol North West Foodbank | 2,000 | - | |
| British Heart Foundation | - | 500 | |
| Cancer Research UK | - | 1,250 | |
| Carlisle Foodbank | 1,000 | - | |
| Cats Protection | - | 1,000 | |
| Catshill Bapist Church | 1,000 | - | |
| Chailey Heritage Foundation | - | 1,000 | |
| CHASE Africa | - | 1,000 | |
| Cheddar First School FPTA | - | 1,000 | |
| Children's Heartbeat Trust | - | 1,000 | |
| Clevedon & District Foodbank CIO | 1,000 | - | |
| Crisis UK | 1,000 | 1,000 | |
| CWPLUS | - | (500) | |
| Dens Limited | 1,000 | - | |
| Des Limited | 1,000 | - | |
| Diabetes UK | - | (500) | |
| Differabled Scotland | - | 1,000 |
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SSP FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
| Doncaster Foodbank Limited | 1,000 | - |
|---|---|---|
| Dons Local Action Group | 1,000 | - |
| Dover Smart Project | - | 1,000 |
| Down Syndrome Association | - | (500) |
| East Anglian Air Ambulance | - | 1,000 |
| EDHI International Foundation UK | - | 1,000 |
| Edinburgh Food Project | 1,000 | - |
| Emmaus Dover | - | 1,000 |
| Epping Forest Foodbank | 1,000 | - |
| Family Action | - | 1,000 |
| FareShare | 135,000 | 106,000 |
| Farleigh Hospice | - | 1,000 |
| Firefly Cancer Awareness and Support | - | (500) |
| Flitwick Community Fridge | 1,000 | - |
| Flitwick Scout Group | (1,000) | 2,000 |
| FND Dimensions | - | 1,000 |
| Food & Community Trust | 1,000 | - |
| Foundation for Prader-Willi Research UK | - | 1,000 |
| Friends of Essex & London Homeless | 1,000 | 1,000 |
| Friends of Olney Infant Academy | - | 1,000 |
| Friends of Waycroft Academy | - | 1,000 |
| Fringford C of E School | - | (500) |
| Glasgow Children's Hospital | - | 1,000 |
| Gleadless Valley Food Bank | - | 1,000 |
| Greater London South West County Scout Council | 500 | - |
| Green Shelter Society UK | - | 1,000 |
| Hope for Belper | 1,000 | - |
| Hornsey Foodbank | 1,000 | - |
| Hospice of St. Francis (Berkhamsted) | - | (500) |
| Into The Community | 1,000 | - |
| Isabel Hospice | - | 1,000 |
| Jarrow Dynamos FC U11’s | - | (500) |
| Joining Jack | - | 1,000 |
| Julia's House | - | 1,000 |
| Keech Hospice Care | - | 1,000 |
| Kenton Foodbank | 1,000 | - |
| Kilsyth Community Foodbank | 1,000 | - |
| Kindness Homeless Street Team Glasgow | - | 1,000 |
| Les Alden Foundation | 1,000 | - |
| Let's Feed Brum Limited | 1,000 | - |
| Lewisham Local | - | 1,000 |
| London Air Ambulance | - | (500) |
| London Legal Support | - | 400 |
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SSP FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
| Lupus UK | - | 1,000 |
|---|---|---|
| Luton Foodbank | 1,000 | - |
| Macmillan Cancer Support | - | 6,439 |
| Manchester Christmas Relief | 1,000 | - |
| Michael Robert Charitable Trust | 1,000 | - |
| Midland Langar Seva Society | 1,000 | - |
| Motor Neurone Disease Association | - | 1,000 |
| MS Society UK | - | (500) |
| Multiple Sclerosis Therapy Centre (Wessex) Limited | - | 1,000 |
| Newcastle upon Tyne Dog and Cat Animal Sanctuary | - | 1,000 |
| North East Homeless | - | (500) |
| North Guilford Foodbank | 1,000 | - |
| Northern Ireland Air Ambulance | - | (500) |
| Only A Pavement Away | - | 1,000 |
| Owen McVeigh Foundation | - | 1,000 |
| Papyrus Prevention of Young Suicide | - | 1,000 |
| Parkinsons Disease Society of the United Kingdom | - | 500 |
| Picadilly Pre School | - | 1,000 |
| Princess Alice Hospice | - | (500) |
| Reach Lanarkshire Autism | - | 1,000 |
| Redeemed Christian Church of God - House of Faith Connections - for the | ||
| exclusive use of the Foodbank | 1,000 | - |
| Refuge | - | 1,000 |
| Richmond Furniture Scheme | - | 1,000 |
| Romiley Little Theatre | - | 1,000 |
| Ronald McDonald House Charities | - | (500) |
| Rotherham Hospital and Community Charity | - | 1,000 |
| Rotherham Parents Forum Limited | - | 1,000 |
| Royal British Legion | - | 1,000 |
| Royal Society for the Prevention of Cruelty to Animals , RSPCA | - | 1,000 |
| Royal Voluntary Service | - | 1,000 |
| Samaritans - Brighton, Hove and District | - | 1,000 |
| Sandbach United Football Club CIO | - | 1,000 |
| Scarborough Social Action Cntre | 1,000 | - |
| Selby Hands of Hope | - | 1,000 |
| Shaukat Khanum Memorial Trust UK | - | 1,000 |
| Smethwick Society MHC | - | (500) |
| Southampton Doing it for the Kids | - | 500 |
| St Augustine's Frimley Parent Teacher Association | - | 1,000 |
| St Leonards Hospice | - | 1,000 |
| St Luke's Hospice, Plymouth | - | 1,000 |
| St Oswald's Hospice | - | 1,000 |
| Stoke-on-Trent Foodbank | 1,000 | - |
Page 17
Docusign Envelope ID: AC7C36D7-B1DC-8E03-80B6-FD62C59B04BA
SSP FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
| Street Friends Helping People in Need Limited Stroke Association SUDEP ACTION Sue Ryder Support Dogs Limited Survival International Swindon Food Collective Teenage Cancer Trust Temple Fields Academy Trust The Alan Senitt Memorial Trust The Bay Food Bank The Children’s Trust The Eve Merton Dreams Trust The Felling Food Network The Hackney Foodbank The Lullaby Trust The Kris Boyd Charity The Millie-Rose Stirrup Foundation The Parochial Church Council of the Ecclesiastical Parish of St. Nicholas, Alcester Warwickshire - for the exclusive use of the Foodbank The Parochial Church Council of the Ecclesiastical Parish of St. Nicholas, Cramlington - for the exclusive use of the Foodbank The Petersham & Ham Sea Scout Group The Trussell Trust Tommy's Turkey Lane & Monsall Neighbourhood Centre Ukraine Charity Under One Sky Together Visyon Ltd Warminster and District Foodbank Way Widowed and Young Who is Hussain Foundation Whyteleafe Community Hub Whyteleafe School PTA Wimbledon Foodbank Womens Aid ABCLN Wythenshawe Community Initiative YMCA St. Paul's Group |
- - - - - - - - - - 1,000 - - 1,000 1,000 - - - 1,000 1,000 - 136,000 - - - - - 1,000 - - 1,000 - 1,000 - - 1,000 310,500 |
1,000 1,000 (500) (500) 1,000 (500) 1,000 (500) (500) 1,000 - 1,000 1,000 - - 1,000 1,000 1,000 - - 500 106,000 (500) 1,000 1,000 (500) 1,000 - 1,000 1,000 - 1,000 - 1,000 1,000 - 303,089 |
|---|---|---|
Negative amounts above represent cheques issued in earlier years which were not cashed by the payee and have now been cancelled.
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Docusign Envelope ID: AC7C36D7-B1DC-8E03-80B6-FD62C59B04BA
SSP FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
7. Analysis of expenditure on charitable activities
Summary by fund type
| Unrestricted funds 2025 £ Grants payable (note 6) 40,500 Independent examiner's fees 2,664 Bank and other charges 7 43,171 Unrestricted funds 2024 £ Grants payable (note 6) 91,089 Independent examiner's fees 2,538 Bank and other charges 119 93,746 |
Restricted funds 2025 £ 270,000 - - 270,000 Restricted funds 2024 £ 212,000 - - |
Total 2025 £ 310,500 2,664 7 313,171 Total 2024 £ 303,089 2,538 119 |
|
|---|---|---|---|
| 305,746 | |||
| 212,000 |
8. Analysis of expenditure by activities
| Grants payable (note 6) Independent examiner's fees Bank and other charges |
Grant funding of activities 2025 £ 310,500 - - 310,500 |
Support costs 2025 £ - 2,664 7 2,671 |
Total funds 2025 £ 310,500 2,664 7 |
|---|---|---|---|
| 313,171 |
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Docusign Envelope ID: AC7C36D7-B1DC-8E03-80B6-FD62C59B04BA
SSP FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
8. Analysis of expenditure by activities (continued)
| Grant funding of activities 2024 £ Grants payable (note 6) 303,089 Independent examiner's fees - Bank and other charges - 303,089 9. Independent examiner's remuneration Fees payable to the charitable incorporated organisation's independent examiner for the preparation and independent examination of the charitable incorporated organisation's annual accounts |
Support costs 2024 £ - 2,538 119 2,657 2025 £ 2,664 |
Total funds 2024 £ 303,089 2,538 119 |
|---|---|---|
| 305,746 | ||
| 2024 £ 2,538 |
10. Trustees' remuneration and expenses During the year, no Trustees received any remuneration or other benefits (2024 - £NIL) . During the year ended 30 June 2025, no Trustee expenses have been incurred (2024 - £NIL) .
11. Debtors
| Due within one year Other debtors |
2025 £ 595,954 595,954 |
2024 £ 326,719 |
|---|---|---|
| 326,719 |
Page 20
Docusign Envelope ID: AC7C36D7-B1DC-8E03-80B6-FD62C59B04BA
SSP FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
12. Creditors: Amounts falling due within one year
| Other creditors Accruals and deferred income |
2025 £ - 266,184 266,184 |
2024 £ 6,196 154,357 |
|---|---|---|
| 160,553 |
13. Financial instruments
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Financial assets | ||
| Financial assets measured at fair value through income and expenditure | 282,327 | 529,662 |
Financial assets measured at fair value through income and expenditure comprise cash at bank.
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Docusign Envelope ID: AC7C36D7-B1DC-8E03-80B6-FD62C59B04BA
SSP FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
14. Statement of funds
Statement of funds - current year
| Balance at 1 July 2024 £ Unrestricted funds General Funds 421,491 Restricted funds Gala Fundraiser 274,337 Total of funds 695,828 |
Income £ Expenditure £ 40,380 (43,171) 314,400 (395,340) 354,780 (438,511) |
Balance at 30 June 2025 £ 418,700 |
|---|---|---|
| 193,397 | ||
| 612,097 |
Our restricted income in 2025 came from the following: -
Gala Fundraiser:
In 2025, the charity hosted a further Gala Fundraiser in aid of FareShare, who were to receive the net proceeds being funds raised less costs incurred. Funds were raised through a combination of table sales, a charity auction and a raffle. At the year end, some funds from the table sales and auction were outstanding along with payment of most costs so a provision has been made for both income and expenses.
Our restricted income in 2024 came from the following: -
Gala Fundraiser :
In 2024, as in the previous year the charity hosted a Gala Fundraiser in aid of Trussell and FareShare. Funds raised less costs were to be split equally between the charities. Funds were raised through a combination of table sales, a charity auction and a raffle. At the year end, a number of funds from the table and auction were outstanding and we also were awaiting receipt of funds from the auction so a provision has been made for both income and expenses.
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Docusign Envelope ID: AC7C36D7-B1DC-8E03-80B6-FD62C59B04BA
SSP FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
14. Statement of funds (continued)
Statement of funds - prior year
| Unrestricted funds General Funds Restricted funds Gala Fundraiser Total of funds |
Balance at 1 July 2023 £ 489,255 226,124 715,379 |
Income £ 25,982 382,927 408,909 |
Expenditure £ (93,746) (334,714) (428,460) |
Balance at 30 June 2024 £ 421,491 |
|---|---|---|---|---|
| 274,337 | ||||
| 695,828 |
15. Summary of funds
Summary of funds - current year
| Balance at 1 July 2024 £ General funds 421,491 Restricted funds 274,337 695,828 Summary of funds - prior year Balance at 1 July 2023 £ General funds 489,255 Restricted funds 226,124 715,379 |
Income £ Expenditure £ 40,380 (43,171) 314,400 (395,340) 354,780 (438,511) Income £ Expenditure £ 25,982 (93,746) 382,927 (334,714) 408,909 (428,460) |
Balance at 30 June 2025 £ 418,700 193,397 |
|---|---|---|
| 612,097 | ||
| Balance at 30 June 2024 £ 421,491 274,337 |
||
| 695,828 |
Page 23
Docusign Envelope ID: AC7C36D7-B1DC-8E03-80B6-FD62C59B04BA
SSP FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
16. Analysis of net assets between funds
Analysis of net assets between funds - current year
| Unrestricted funds 2025 £ Current assets 421,364 Creditors due within one year (2,664) Total 418,700 Analysis of net assets between funds - prior year Unrestricted funds 2024 £ Current assets 430,225 Creditors due within one year (8,734) Total 421,491 |
Restricted funds 2025 £ 456,917 (263,520) 193,397 Restricted funds 2024 £ 426,156 (151,819) 274,337 |
Total funds 2025 £ 878,281 (266,184) 612,097 Total funds 2024 £ 856,381 (160,553) 695,828 |
|---|---|---|
Page 24
Docusign Envelope ID: AC7C36D7-B1DC-8E03-80B6-FD62C59B04BA
SSP FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
17. Related party transactions
Select Service Partner UK Ltd ('SSP UK')
During 2024 the Charity paid for expenses relating to employees of SSP UK (a related party) with regards the 2023 Gala Dinner at the Hilton hotel. The expenses incurred totalled £10,871 and these were still outstanding and due from SSP UK at the year end.
With regards the 2025 Gala Dinner, SSP UK incurred expenses on behalf of the Charity of £5,925 and collected raffle ticket sales monies of £3,735, both of which remain outstanding at the year end.
SSP Financing UK Ltd ('SSP FinUK')
SSP FinUK paid £41,738 of costs on behalf of the Charity relating to the 2023 Gala Dinner and these were still outstanding and payable to SSP FinUK at the year end.
With regards the 2024 Gala Dinner, SSP FinUK collected income of £315,848 on behalf of the Charity and incurred costs of £110,081 from running the event on behalf of the Charity, both of which remain outstanding at the year end.
With regards the 2025 Gala Dinner, SSP FinUK collected income of £265,500 on behalf of the Charity and incurred costs of £105,776 from running the event on behalf of the Charity, both of which remain outstanding at the year end.
Page 25