REGISTERED COMPANY NUMBER.. 07929633 IEngland and Walesl REGISTERED CHARITY NUMBER= 1165312 Freernan Carr Charttred Certthe(l knounthn The Galehouse 2 08vonhursi Place Hea1h￿Id Terrnc4 Chiswck LoTrJon W4 4JD C tents of th Fin th Year Ended 31 Janua 2025 Page Rele￿nce and Administtab"ve Detsi15 Chairman's Report Report of lh8 Trustees 3 10 S Independent Exami￿￿5 Report Stal￿ent of Financial klmties Balan￿ Sheel No￿$ 10 Finanoal s￿lements 9 10 14 Detailed Statement of Finanaal A(XMlie5 15 Reference and Administrati TRUSTEES Ms A Clarke , MBE. Chair Mr C H￿rn0nd M$ S Gront Mr J ￿lson. HonLYary TreasU￿r Mr M Hedge5 M5 C Needharn . VKe Chair Mr E campbal￿whI1S s P Benth Trustee laFwnted 14.4.241 Mr S T G0th￿"n Trust88 laFPOtnted 4.4.241 REGISTERED OFFICE 287 GokJhth* Ro•J LondoTh W128EU REGISTERED COMPANY NUMBER 0792*33 IETrJland aThJ WaK811 REGISTERED CHARITY NUMBER 1165312 INOEPENDENT EXAMINER Fieeman Carr Chartered CtlDf¢d kctyjntants The Gatehouse 2 Oevonhurni Plac• H￿thr*kI Terrnce Chk4%rtk 4JD P•J8 1 In 2024, over e90 local chikjren and young peopk aged 7 to 19 years attenthd The Sulgrave Club al an average of 40 per day. Open six days a week. the Club provided them with a variety of actNrtiP5 and 58rvic8s. induding temi-tsme youth dubs and after-school (layb"me holmjay ac¢Mbes and respjentials, 1nfomial￿ft W0￿$hOp9 and fe5tNe fun day5. HvJhlighlS ol Ihe year induded th8 Club's annual thr¢*4ay r¢$vJential at H1Thy￿#p Wwen Outdoor Activity C8nlr8 ITh May.. feur week$ of Junior actNrties in Ihe Easter and Summer holhJay5." of Senior actiwtie$ and a one-week Senior re$￿ential al Avon Tyrrell Outdoor Centre In Ihe $umft*r holKlays, and over 150 hours of jUn￿r and Senior atter-school advilies, Includin9 Mulb$P)rt. Roller Skabng. Extra Math5 English. Taekwondo, Key Stap 4 Scrdnce. street Dance. and Frklay NNJhl S-a-s￿8 Footb811. In 2024, we conts.nued to rni5• profif8 in Ihe ¢￿￿unIty. njmiiw an art SUI and ￿e0￿ul shy, and distribuling promotional matsrial al both Ihe RavansDJUrt Park Community Day in Juty and the Ask￿ Road Ajts F6$tNal in Sepl&mber. W¢ took on mor• partne￿kn￿ woth. indudry e(￿h0$￿"ng an al￿￿0Y con$uttalkn OA Pl#yZonos In the borough ¥￿th Young Hamrn8r5milh and Fulham FoundaDon in ￿ri1, wortiig with HaMme￿Ilh Cornmunity Garden¥ Assorjatson to install four ngw plantsrs ￿n our Small garden in Jvty. And ￿ launched "Frknnd$ ol su￿ra¥&.. our onlirn $wportWs' infonnatioTh r*tsrsrk. keeping p80plo up to date wlth our planned 2026 centenary eèlèbrats'cns m8rking 100 y8ar$ since Club's foundab.on Jn 1926. The Cent￿ piece ol the will be a Centenary Exhibibon on 26th June 2026. honouring Tho SukJraw Club'5 rKh history and the ￿un￿e$S Ii¥e$ louthed by the Ckjb $inc• il wa5 lour%J8d. I would like 10 thank Kate Fi5hend8n 4n(l Jonathan Mercef of Starch Grthfi lor wnning an inspiring 811-day workshop 81 the beginning of the year, 9ukliry Tru51ee5 and stall in an eXpknrn1￿an ol wr $hareLI lor th• luluro of The Sulgrave Club, and I would like lo ¢hank rny fell￿ TNst888 the Club Manager. NidE Sa20ido$, •nd his te#m of stafl and volunioèrn. for th8ir dedication ond hard work throuqhGwi 2024. arv Bll looking loTh¥aid lo th9 tha1￿n9?• a￿1 ¢Jpportunbl*s Ihal l* a￿d. Awela CIAike MBE Ch?irman of Tru$teeJ Pagè 2 The trustees who a￿ aL80 directors of the (*arity for purposes of the Qimpanies ALI 2CK%S. present their report wilh the financial 51aternenls of the charity lor the year en¢Jed 31 January 2025 twustees have adopted the provis￿n$ of Accounting and Reporting by Charil*s. Statement of Recommended Practice apyKabk8 to chanlies preparing their attounts ￿ accordan￿ wth the Finanrjal R*Fxxtn9 standard in lh8 UK and Repu￿￿ of IreiaTrJ IFRS 1021 (effective 1 January 20191. OBJECTIVES AND ACTIVITIES Oble¢tlves and alm8 The aim ef the Club is lo help and ￿uCate people th1O￿h thwr letyure acb¥itsJ so to thekp their physical. mental, and spiritual capacilk?s. so that they may grow to fijll matuty a5 i1￿￿￿sUaL8 arto members ol socty and that Iholr conditions ol lrfè mighl be inproved. Publlc bonefit The trustees have QinskYe￿ the Charity Crynmis$ion'$ guidance on publK t*n8fit, Including thè guidane* 'tyblic benefit.. running a charity 9PB2'. The Club directy benefits thtyst ¢hihlren and youth members who tske part in the Club's activities. parents and carer5 of those young peop￿. and the schooL4 which they attend In addition. parts of our promi$05 are available on short- or k)rtg-tem) use lo both individual$. other ¢haribe5. and bu51nesses for an apprOpr￿at8 Considerat￿n. ACHIEVEMENT AND PERFORMANCE harltablo 4¢llvltlg$ The Chanty operates trom a mutti-lundional buibjing al 287 GolLlhawk Road. Shep￿r￿s Bush. tcgelher ¥rith gn annox Incorporatsry a kirge games row and gymrwium Irom whth it orrer$ 4 t*#dg range of sporbr¥J and r•u•abtsnal activities. Slgnllleant actlvltl The Club is open six nights a we¢k offeriThJ four Aftar-school cl￿ sesslons for thlldren in Khg9l year5 24.. Senior Youth Club sess￿n9 lor young Peop￿ in school yvar 7 and above." Inigfmedk8te Youth Club 5e55ion for ¢hildron arn1 young people in $chod y¢ar$ 6-8." 8nd Junior Yoth Club 5e51ion for thibaffjn In school year$ 2-6 Dunng half term and school holidays the Club cfferi a var*ty of dayDme aCivil*s. otsbr¥J$. and resh1entK415 for chibJr•n In $chool year$ 3 ano atow. Over the year, Ihts dub had $ucce$sfvl ￿ents su¢h Bs Ihe 'Surnmer In tho City. gfO9ramme, wh￿h engaged 48 youTYJ peop￿ daily. The dub also hosled woth5hcps lik• Spraycan Art and Drama. and a diarna programme by Dye Dr8mo wis Implemented lor the Ailumn Terni. The Club partnered wilh CAMHS to offet mentsl 8grvicg8 to the youth. ond completed 8 garden renovation project wilh Hammernmilh Community Gardens. bnnging a posilive Impact lo Iho Ph￿l¢al •nvironmenL ditonally, Club'$ r￿ent oulreAch lnilia1￿es indwJed Pa￿PatI)n in ojmmunity ovents liko H&F Cornmunily Day nd the A8kew Road Art$ F¢sbv81 A $gnrfunt 8th￿verntnI h8$ be•n ￿ oral history wopct In ¢4llabgratson Hammgrsmith knderny. whith i¢)vofv•s trainiry SI￿#¢nI$ lo irrteryiiw fom)er c&Jb memtm in preparnlion lof the Club'j C8nt¢nary c¢1•braiion$ In 2026. Fundral$lng acllvltl05 The Charity rents pArts of ts premlses out durtrg tt* tsms ihat it ts not used for ywlh prts3ramme actswlie$. Fundraising ha5 be•n e$seniial lor s¥pporb"ThJ Ihe Club's In 2024. the Club ￿nefi.ted trom grants provided by organizab'on$ Such as Hamf￿r$milh Untsd Choribgs. the J8c* Pelthty Faundalion. the SukJrave Foundation, and Llghltrulb Trust The Club has work•d to secur• new sour¢•s Qf funding. with successfvl apPI￿￿on8 to BBC Children in Need and Garf*hJ Weston. as well as a iarqetsd apFeal for 8 £25.oc¥)-£30.000 grant from Ihg LvJhtbulb Trust. These funds help cover both cow opera*onal costs and $peoal like the resK*ntio1 IripB. The Sulrnve Foundation has aho been instrumental in supporb.ng the Club's finanoal needs. a55151ing wth 8 funding $hortfall for the Avon TY￿11 tnp. A new fvndraksiry suwmmittee has been e$¢abli8h8d lo focus on secunng knng-iom) lunlling sources. Improving the dub's presence. and eNJagin9 With bcal SPDns•rs Centsnary Planning The pwparations for thè C•ntenary celebrations in 2tr26 have gamed rnomenturn The pl8nniTrJ commtttee h8$ 81re8dy secured several initiabves. including a speual Iree-planbro eveni wilh the LBHF Tree Offitef and the Youth MayDr In Spring 2026. There 15 also the ex￿lIng pr05pe¢t of a prem*re of a t1￿UMentary film at Chi$wick Cinerna and ptrteniial performance5 by Roger Dallrey as part of the ru￿raisIng elfotts. A key rnI￿$tone will the club's cpen hou$e event in March 2025. whth will seNe a5 the kad-up to the lormol ¢elebr8tJMs in JU￿ 2028. Pa99 3 ort of the Trustees FINANCIAL REVIEW Prlnclpal funding sources The Club Is gratelul for the finanfial $uptKIrt it rece￿￿ through 9rants and donations from vanous O￿aniSatIOnS. In the year ending January 2025, Ihe Club b8nefiltett from grants provwJed by Ihe follmng". Add*en Youth The Daisy Trust Harnmersmilh United Charitie5 Hd￿jaY fv£livits"8s and Food Programrne IH+•F> Jack Petchey Chariiabk FoUr￿atrOn John Lyon's Charity LB Hammersmilh and Fulham Lighlbu1b Trust M3lhs Teams The SU￿raVe Foundation Wales Foundation Thw 9rants. alongsth Irem f•t5. lundraffjing •sTnts, ar¥J faatsty rent315. SUPPOrt thB Club¥ ongoing activit*5 and ensure ts operat￿)nal viability. Flnanclal Rosult5 For the period from February 2024 to J•Th￿ary 2025. Ihg Club rg¢¢vd8d an income of £231.091 and lolal expendilure of £227.135. resulting in a surplus 01 £3.956 for the year. The Club's r858Nes at the start of the year wern £95.081, and as 0131 January 2025. the reseNes had mcreased to £99,037. Th￿ represents a healthy knanrial position and comfortab exceed5 the minimurn level of resems deemed prn¢Jenl by the trv51ees 10 cover •ny vnforese*n costs Or fin8noal conlin9enrJes. R88erve• poll In norrnal ¢ircurn51anc•s the tw51•￿ ton5bJer rt pnmlonl to Mt a$*a• ai ￿$1 £50.OCQ lo meet un•xpocl•d cont1n9•nc￿. Tr• Club coniinues ts fvcu$ on yneraiir4 •dOtyJn•l kn¢¢m• $tr•om$ ond boljtww 118 fmancbal po8ib.on through grartt8 ond hxal spon$¢rship$. Thè premises h8v¢ be￿ r•furbished to •nhanc¢ a¢￿$S1b￿￿ for youlh Pr(¥ramM￿ and lo mako tho f•cillt*s morg Ipyaling to polentrdl tenan￿ dunnq nw.programm¢ knour¥ Golno ¢on¢•rn The trustees consider with farilili¢$ and r¢wurce8 al ts disw•l t￿1 Ch•rity is a going with no Ihoughl of ceasing ils aclivities al any future dal•. STRUCTURE. GOVERNANCE ANO MANAGEMENT Gov•mln9 do¢umont The charity 15 controllgd ty rts document. a de•d of irusi. •nd constslutg$ a limi18d cory4ny. h'rniied ty qu¥r8nt¢o, 0$ defined by the Cemp8nw A£t 2C(6. RKrultmont and appolntment of now trust••s New tru8t8e8 are appointed from Dme 10 lime at the discr•bon ol th• •xistiry trusl888. Organlsatlonal structur• Wnile Ihe Sulgrave Foundation ¢)wns the Prnmi￿$ at 287 GobJhaWK Road London W12. it has granted a lease ol the Pfem1585 lo Ihe Sulrave C￿b frw which thg Club cwam. The day lo day njnning of the Club t09et￿r wth the oxpeThJing ol all MOn￿S piocured. 15 totally undoT Ihe Mntrol olthe Tnjslees. of Ihe Subravg Club Lirn118d. ConnKt¢d partles The Sulgrave Foundaton owns Ihe prernises from the charity operttes and the Club rec•iv86 grant re¥enu8 from investments he￿ by The Subsrave Foundabon A repre5entstyve of the Su￿rave Found8tion has a pernanenl position on the managerntnl committ¢¢ ol the Sulgra¥e Club knmilgd. The vic8a¥av8 Club Limiled 1$ oL%o a tru51ee or the Sulrave Foundalicn. The C￿b ha5 d050 links ￿th London Youth. wilh whth rt has affiliaie membernhp aTrJ gurfled by that Organisat￿n. aims and pnnciples in all its woth young peop￿. A oprwnlali¥e ol LOTh￿￿ Youth has th8 opts'on ol a pemanent seal on the management ￿MMIttee of Ihe Sulgras* Club LThrt•d. The London Borough of Harnrnersrnith and Fulh￿ has gNen the Club financial support through SèM(t ￿¥81 agreements and ontrott project grants over a 9reai many years. An offitèr ol the Cwnc41 has the ¢ption of a permanent seat on the management comrnittee of the Su￿ra￿ C*Jb Limited. Pa9e 4 rt ofthe Trustees STRUCTURE. GOVERNANCE AND MANAGEMENT Risk management The Trustees have a duty lo idents.fy and revie* tho iisks to vthid) the Club i5 exposed aTrJ to ensure appropriate coniriAs are in place to prov￿¢ reasonabk assurance aga￿st fraud and error The tnjstees o)r6KJer such contrds are in ￿ace mainly through online banking and the procgdures for the aulhorisalion of paYTh￿Thts. To identify relevant r￿kS and appropriate controk. ttje folbwng lacior5 were oJn5bJered'. - The charity'5 objectives and $trategW." - The nature and scale of the chartys acbvths.. - External kgislalion and regulations.. . The operatiry stNcture and practKes ofthe chanty: By proactivety managirrfj these risks. the charity a*m$ to enhance rts ￿l￿ert￿. protect its a55et5. and increas8 Ihe likolihood od ach￿ving its missKin and obJecbve$. AFproved by erder of the board of trustees on ........ nd s•Jned on its behaw by. M$ A Clarf