Roglstered number 09607319 Charlty number 1166319 Sporting Famlly Change Foundation IA company limlled by guarantee) Report and Financial Statements 31 March 2024
Sporting Family Change Foundatlon Report and Flnanclal Slatomgnts Contents P*9• Referen¢e AdmlRtstrn¥0 Dolai18 Tru5ts6s' RèKK)rt Ind8pandant Exarninefs Reporl statement ol FinanrAal AdNithe$ 3-10 11 12 Balan sh801 13 Notes to Ihe acLY)urts 14-22 Page 1
Sporting Famlly Change Foundation Company Inlorniatlon Trtre8 R Bullard J C Wid($ E C Bloor C M Murphy G J Muslo Kelty R Fuller (Reslgned 20th Marth 2024) S•erntary J W Deane Indopgndent ExamÈMr Mr Matthew Porter FCA Hntr$ Watts Entèrprisè Hou$8 Timbr811 Street Trowbridge Wiltthsre BA14 8PL Santandor Bridle Ro8d Bo9t M8rs8yside L304GB The C0pr&I1* Bank PO BOx 250 WN8 6wr Principal Qfflc• Unl 3A New Rock Industrlal Estats ChAcomp Radsto BA34JE Registered Offic8 12 Spencer Drive Mldsomw Norton Radstcm BA3 2DN Tha Charity is Inc?rpfftt in EngLqnd and Wales. Reglstored numb•r 07319 Charfty numbEr 11fj6319 Page 2
Sporting Family Change Foundatlon Registered nUmr", 09607319 Charlty number. 1166319 Tru8tee8' Report The Trustth5, are di10 for th• purpo8e$ of company law. present the annual report togetherwith tho financia Blatem•nls of thè charitabl• company for the yearended 31 IA8r¢h 2024 Obigctkn aGtlvitlo0 Obl•cts and alm8 The objpGtive of the Chaiity is to usg $port to emp¢y4er, in$pir8 ard motivatg kxal familieo in the cornmunity lo make posltive long-temijrfostfv changes, through a vari¥ty of healthy OpportunitS. This is ashieved through the Charitys wPKsie based menlcring programme wedominantly delNered in secondary schcds and a variety of swrts-based projects encouraglng heatthy actmlies for indNKlual$ and tho whob family. The Charity also prowdes $porting and $¢cièl opportunthes for young adults wtth leaming dIsablt5. Public beiwfrt The yearto 31 March 2024 has been another hugoty successful year. celebrath)g the Chori¥s 10th annfversary wh gfeater clarty and fts¢u$. The Charfty expefienced another p8riod of gr¢h duiing this year, contlnuing lo expand our staff ieam to meet h16ff18d need and reaching 8 er a(lence from 8 more divèrs¢ demograph. One Spe¢$f target sudiènce for the Charity18 k)c8t adu férna1, often Mtjms, who are the glue of the farnity. Supporting them a¢hwes greater impa¢t and has a rippl6 effect of kirtranes$ throughout th• whole famity. Chorty offored supwt to bcal farnilies by pioviding vitsl face to face contxL emoltonal an¢J w¢ffore support where il was needed m¢)st. It conts.nues to be the urtime prile9¢ lo ¢onnect and be altowgd Snlo so amazing local familias. and indNKluals' livos. For this th8 Charty 15 tru gr•l•lul. Thè Chdrlvs objectwès for th8 pubk benefrt were achieved through the fOlkn9 xlfvttkns.. 10th Annlv8r8ary celebratlons In March 2024 the Charli6 greatesl ex@rfcion Ipok p lo ¢elebrate this mrfeylone. 40 adullB trovelled to the Oni¢ ¢ity of New York., 20 cJJmpdng in the York Hoff Marathon, whlch Go incided with St Patrick's weekend on 17 March. Over the WLTrr$e of the year. the Chaity trained number of local Indidual6, many ofwhem had neveT run before. They trolned In 811 kneathtrs and their determinalKJn lo complete the rLtn $hone through. The Charty Is hugety proud ofthls achiawnenl and every comtitC( suecessfulty completal the 13.1-mile run. Th• Charity held its annual c818bratTh Ball themed Bo nd. Be Cobur Be You. * the Apex Hot81 in Bath in November 2023. The Charity wekomed 260 guests and ¢ffer*d hospitality to 100 indivKluaL4 8iih8r NHS staff or Ironlline workers. The opporbJntyto spend time togetherand relax in an infomal enMronm8nt wth Peop from all wak8 of We is an important element of the Chari8 $lon. Page 3
Sportlng Famlly Change Foundatlon Regl$tered number: 09607319 CharSty number: 1166319 Trustees. Report Anothw slgnlf*ant mlle5ton8 this year Is the Charity s58d over £1M raised Since rt b8came regS$lered charty In April 2016. Thesa funds havè enabrt the Charty to promote and deliver slgnrficant kindnesB acros8 th8 ragion. IhTough o (lty 0faciwitS examples of whlch are list8d beltrw. V¥e sliive to ntinual build this. lo oxt•rKI our reach and 8LlPWrt more famili8S. Now Preml•e• W• expanded OUT promises in Chilcompton OFen•d a new VVom¢n's Welbeing Centre in July 2023. The launch wa5 attended by 70 loeal fem8185 and stakehoklers. This fBcilty is thè )Ir8t of its kind in the area wth the airn of promotino and devebping positivo m8ntAI heafth, as well as phy8uI frtness Yhol8 Ba0 mtorIng The dem8nd lor our holist mertoring programme increased signtficarrtty. The Charity has suppOrt9d chlklren and young people in th? Ii)Gal communty either in primary QT $Thdary School settings. The Ch8rty succ85sfulty delfvefèd 2.489 menlotlng se88lons supporting 205 teenageTr in 17 8e¢ornd8ry and prirnary schods acrots B&NES and Wiltshlro. The80 t8enageTS are erth8r bassj in or not in 80ucath)n. Mosl do ncl have a posrtive associalm with sch1 andlor education. Ullimatoly the goal of the programme is lo increase emoti¢)nal rnsiltènce in the indtvidua15, whilsl working alongsÉde their families. Referra15 to the Charity have skyTocketod this year due lo Changes in society and the increase in w menta heallh. Page 4
Sportlng Famlly Change Foundatlon Reglst•red numl)èr: 09607319 Charity number: 1166319 Trustees. Report "Love Yourself Progrnmm•" A rav depMentWa3 tho launch ofthe"Lov8 YOU9 programme targetgd at local teanage girfs aged 11- 18, many of whom were fj1llr not in 8chcd OT poor attende. The programme was ¢eswJned to Increase setfteem, boost seW•confidenrx and in5ti1 s9ff-belkfto show th6 glrts thvy coukl achieve more than they beliewd Ihoy could and rai$? a¥PlTatbns_ 11 was delivered either 1..1 or in 5m811 group sesslon$ ovar the cour6e of the a¢ademic year. 15 ts8na98 girls p8rticpated wi(h mo81 requestsng lo relum to gduralion at the end of the PfLyJf8mm8". a lestamenl lo 11$ success. Well1ng Programm• The CtrTrArity Conlnued to dellver It8 Wellbging progr)rne either on a 1..1 or 2. 1 ba818, laryeting secondary sctKX)I stu¢Jents kn years 9-11 in the Norton Radstock ar8a. The eoutse cove exercise, heath prevent. nutrition and heaKhy ealiro, plu8 a financial elemenl focusing on budgetwo and managing money. It also In¢ludg$ a communty vdunte8ring element. The Charfty has begun the process of accreditatipn with th8 •xam l>)èrd AQA. 21 ng peop Complet the Level 1 Programme IhS5 year and 13 yourvJ people $u¢cessfulty c3Jmpleted Level 2. Random Aets of Klndne¥s The Charills ethos its b8S8d on kindness, dignty and blu&$kythinking', ft underpins tho prts3f8mmes it delivers motivates the Charty to proactivety demonslral$ thi5 in the B&NES and Willshire commsjnty. Giving time frB8 of charge, offering 5port to local familie5 when rt is most needed i% h¥ Chanty (lelivers kindne86. 1,400 hoLsrs of kindnoss wer8 delivered dLwing the year whi¢h equates i0 £55,000 of 8UPPOrt H.O.P.E. Progrnmrne IHe8lih Opportunities through Phy8i¢al Educ•tion}- This programm continu•s lo have a Sn¢nt posiwve Impact bth on Ifldu&1 families and ICCBI communty groups ocJc6s Bah and North East Scmerset and Wlltshire. The focus this yoar ha8 baon on continuing to réduce i8oktion, Impr phystal frtness and promte posttfve emolsortal walbe1ng and resllièn¢¢. Mighllghts: So¢lal Pro6¢rfblng The Charity ks a re¢ognk8ed 80¢181 pre8cflln9 delivery partller acrc68 Bath and North East Somerset. Sockgl pr88¢ribing is a means of enabliny GPS other heaSth professionals to refer pEnts to # rnnge ol thal non-clinical seNic8s as an altematbve to piescribing medication. It focuses on improving their health, wBlkndng and 8oci85 wewaie homsticalty. As an e*tsn81on ol our )cral pre5crlbing activty. we becam8 a dallvery partner In the AGlive Way Partn8Tship, supporting IOCAI peOe to imwove their heatth and we11-belr¥J through suppted 1..1 walking 6e861ons and Ihg dals'wryof 'Walk and Talk. small group walking. Pag• 5
Sportlng Famlly Changè Foundatlon R•gistered number: 09507319 Charlty number: 1166319 Tru8ts88' Report SFC Run Club The Charity ¢ontinued its Running Club which al¥0 exp8nde(18s more pw)pla TBgi81ered to fun th8 New Yc¥ Haw Marathon Sn March 2024.Tr8inlng sgs$ion8 In¢&$$d lo thrè8 b'mes per week and were open lo Èll aduts of any ability. Tho fun$ have Incre8sed in kngth and pace over Vme and 20 poople Tegularty partlcipaled. 18 poople Mplet a 10km run in the auiurnn as part of the training PW¥8mme and 20 people s[cessfullY Mpleted the Nw York Half Marathon on 17 Mafch 2024. giwng the eXperce of a Ilfetlrn8. A hugo achieVant conwdwing many Pe wgre noVe runner81. SFC Supported Walklng Programm• The chanty's Supped W8H( and tak prwamme lor Indfvkluals and small group8 conttnued 135 peOe engaging in thè programme Ihroughouithe year. This included Ial walks irF the Somer Valley and B&NES plus more thallenging bnger w8Ks Including hill waks to ppe forthe N8tkJnal 3 Peaks Ch8lbng8 du8 to lak6 pb¢8 in Juty 2024. Foolb411 Club The ¢haritl$ fvlty iKlth8iv8 ekty Football CIL in Uid8omw Norton conlirues to go frcm 9trenglh to strength. The nuFnber of partkl)ants increased lo 30 with teenagers we currently mentor or used to mentor. youro adults wilh Seaming disabilitses. oldèr plus those referd socL41 pres¢ribing actively gettlng Invofv8d. The Club runs throughout the yaar, providing the cpportunily to m8gt people, m8ke now friendships a$ wel as get ft and hawe fun. OWer peopl•'s ?rCi ¢1¥8S Th8 charity continued gent chr exerci8e ¢kn888 for older people in a number of local care hLYnes and supported housing. The cla88e8 proved popular reachirg 38 older pw)le. The focus was on improvirvJ mobilty. developing positive mental hgalh, bulkJin9 conlHlonce and reducing soti81 i8olation. ResentS encouTaggd to build new fii8ndshipB and sodalise outside the dasses. Engllsh Club for Ukr•lnlans The Charity recogn18ed the need for English c4asses lor bcal Ukrainiw famils. Wrtttln the staff team. the Charity ha8 8 quali1Sed T.E.F.L. teacher and a Ukr8inlan staff member. This enaUed thè Charty to PTowdè free weekly English classes in Bath. Uttimately the Charty bJks to knprove lamlty cohesh)n thrwgh these progfammes. Actlvltl48 for local young adults w#h a learnlng dlsabllity The Charky provlded a wdriety of grwp 8POrt8 and hoathy actmtios enabling young adults with tewning disability lo mlx and have a scva1 Irfg. they oft8n struggle lo xcess. Activilie5 induded, lojtball, a dlBco, bOlr0. fthess training. partripating In the clK4r and a trip lo the be&h. Events The Charity ha$ prowded numerous q)portunltle8 for local famille8 to tsk8 part (Tr sportlng challJe3 such as Ihg 4 Countrles,4 Days Inlemation81 cycle rlde, 1[M run ID Boumemouth or Cheddar. walk the Yorkstre 3 Pe*5 a8 well a8 famlwfun d8y8. Page 6
Sportlng Famlly Change F¢)undatlon Reglstered number. 09607319 Charity number: 1166319 Trustees. Report INL¥nen who have CC¥nnect8d wJih the Chaty,8 B.R.A.S project {Believg. Reach, Achievp, Su¢¢eed) expressed an Interest in sinaing, so the Charity establi8hed g Klndness choir. Practising once a week, the cholT has perfonr8d at a varlety of venue8 acros$ B&NES including singing at the Balh ChT4stmas Market. The choir tr>as gone from strength lo strength receiving requests lor them lo perforn at vartous comfflunty events. There are a nurnber of upcoming perfomiances already 8cheduW as w811 as regut#i pwfoimanc•$ at okl•r pwle's $888KJn$ th• Clty dellvefs. The trustsas confim that IW have Col•d vrith the requiremts of section 17 olthe Charit Acl 2011 to ha due reggrd to th8 publc benelf( published by tho Charity Ccfflmitssn for EngJ8nd 8n¢J Wabs. Slrntéglc Plannlng EMronm&rrtal Char¥Je continues to be our strategk focu¥. und&InnIng th18 is our culture of kln¢Jness. Thè Tfustees have iricre88ed Ihe Clnrity8 Staff team from 1010 15 wnpbyy898. Th18 has hdp dress the huge public neÈcl lar support whsch is skyrocketed Ihk% year. Rècrullment Is PFlmarity tosed on the vahjes of thè indiwdud5 matching th8 ChaTrtYs etho& Fin#Klal r•Yl In this year a sluS of £10.44912023'. surplus £3,264 was achieved. Totsl ineomlng reBources were £810,911 12023.. £450,089) whh included don"ons ard grants of £78,837 {2023'. £138,085). 11 is keythat the Charity continues to attr2Ct donat5 and Income from other sources 906ng foThYard. The income from charltabte actvthes wore £534,07412023: £315.004} and $t of PrO1n ol these avr(leS am¢Juni&a lo £499,827 (2023". £315.0041. Pollcy on rets¢Ne8 Al 31 March 2024 the Charty had fr88 tFnr8Stricted re8•Nes of £205,52512023.' £167,762) and festri¢¢ed reseNes 01 £5.00012023'. £32,315). In priDryears the trusleeg ringfenced the sum of £IOO,000 for the purpGse the Foundion fu Lrf? Centre as a doslgnaled fund. The Charity aims to build on these reservas lo pnsure that Ihey are of such 818vd that the Charity can conts'nue to prowde the ¢haritable activitie8 in the eN*nt of a fall ir ineoming resources. Pago 7
Sportlng Famlty Change Foundatlon Reglstered number: 09607319 Charity number: 1166319 Trnstees, Report Rlsk m4nag•ment The Trustees have a rtsk managwnent polry which cLynpri8es Ot. - an annual revw of tho principle risks and uncertaintits the Ch8rlty faces - the establishment of policies, syEl&m$ and procedures to mitigat8 those riyk$ idenlffied in the annual review - the impl8m8ntatk)n of pmc•dures desned to mlrlmise or rnonaoe any potenlkql inpact on The prinwl8 risks the Twslees con8Ider the Charity IB expos8d to are.. -financial sustainability - compliae WFth laws and ffjgulali¢% relatsng to heaEth ar¢d safety and safvJuardlng of the membars of publlG the Charty works wth. Ch8rlty slafflvolunt•èYs - Each month Welkneing- ReguLar updates rekn'ng to the gener81 heath and wdlboing of all staff ond voluniws. Dellvery of ¥ervrE5- All practk mea&ureB have bwi implemented lo cr0 the 8*8t Wofktng condiliolls p0Sble- e.g. lo $ankL8efS end cl8aning pioducts. rna8ks, SOCk?I dlstsncing etc. Inanclal - Each month Budg8t- Regular Tnoniloriny ospacialty quarter intome/expendLture against annual ojected budget- l(x)king at any adju$lmenls that may n8éd impMentIng. Intemally- Profrt and Ioss 15 regularfy monttor8d to glve 8n aUrate G•sh kn¥forec8St. DelNery- Any chany In d81ivery of seTvices is to b& sGrutiftised aThJ rnonitorerl regulaty to ensure compliance vath changing GMmm•nl guK181irffjs. Fundraising- Regular updates on all grant aptyi¢atlons e531 succ888ful bK1$ that help LtaIn Rth•nu8-All other potenbal revenue opportunitsÈs to be also drAely scrut6nised. Pa8
Sportlng Family Change Foundgtlon Reglstered number. 09607319 Chaiity numb¢r'. 1166319 Trustees. Report Summary TnMlé8s are ¢oftfid6nt that wlh ¢antinuod monrtoring and due dil*Jencè cheKks, the Charity WHI onstftue to flourish and incroasg the significant positive impact il ha8 on rnany local fsmiligs, livo$ in the fUra. styucture. govgrnanc? and managgmwrt Naturo of yomlng docwmnt The Ch8rhy18 cons16tuted as 8 compory Iwnlted by guarantee and not 8ng 8 Shale capttal urthr the Companies Act and is govemed by the lenn8 of tts Mernorandum 8nd Artlcles olAs80ciation established 24 March 2015 and amended 16 February 2016. Th8 Ch8rrty was ertored Centtsl Register ol Charlties wllh efft from 1 Aprll 2018. Re¢Nlbn•nt and apwlntm•nl ofTru¥l Trustees are appointed by th• existing Twstsfjs 8nd serve for a 3 year tem aThJ may bè re-elecled s)n reliremerrt. The minimum number ol Trustees shall be 3 but is not Subject lo any maximum. Page 9
Sportlng Family Change Foundatlon RwJl8terod number. 09507319 Charlty number: 1166319 Tnwts08' Report Stat•mTrt of Trusto0s' rnypon¥iblSitl•J foi th• flnanclal gt4t•m•nts The TrusteeB. who ad as directorn of SportlrvJ F8mity Change Foundatbn fcrf the purpose$ ol company law, are respon$kn for preparing the Tru8tsÈs' r•port and the fin8rK$81 stattrmenlg in 8¢¢ordanee with thp Unttod Klngdom Accounting St¥nd4rds (United Kingdcyn Gwi¢¥#lty Accep Accounlirng Prn¢tr'¢el and 8pplicabb rg9uk8tion3. Comp8ny requires the Trustee& to prEpare finan¢i•l ¥talements for each IlnanGial year. Under company the Trustoes must not approv• th• financh318tatements untess Ihèy a satlsfied that they give a true and f•r vw of the Stale cf affatrs ol thg ¢h8rltabte company ar of COMing resouTC68 and appIAl of resources, indudi¢)g it8 ineome and expen¢Jiture. forlhat perth. In prepaling the8e financk81 slatements. th$ TwBtee8 are to.. . sbct sultoble aOun9 polKi8s and appty thwn $1510n1ty,. . obseThè thè mthods and pnn¢ipl•J in Charities SORP., • me judgements and estinates thal are reason9b and prudent," . stale whèther applKable UK Aecounts"ng Starpdard¥ havo been tol¥3wtd. subk¢t10 any material rtufes disctDsd and explained in th¢ financLat statements". and ' prepare the )SnaNckal statements en th• 90ing concem ba813 unlos$11 is inapprt¢Jiiate to presume that the charitable ¢cMrpgny wlll continue in busints$8. Tha Twstees are for keeping adoqU8t8 0ntIng record8 tho1 afe sufficiornt lo show and exploin the charitable ¢¢Ynp9nj lrnnB8CtnS and ¢Jbcbse vthh 30n? awiracy at any tr* the fin¥nGial posttion of the chartiabla c(¥npary and enable them to en$Ltr• Ihal th• financial statements cornply wth th• Compant•s A¢t 2Crf)6. Thgy ar8 al Wponsib foi safeguarding the a$$ets of the charitable mptsny and hence for taking reasonable #tw forlhe pr•tntTh detection d Ir4ud and othor irreguLar1ts. Thg annual report approved by the Trusteos of thg Chaiity on...... . aTrJ on its behaw by.. R N4 Chaér of Trust Page10
Sporting Family Change Foundation Forthe yoar ended 31 March 2024 INDEPENDENT EXAMINER'S REPORT Independent Examlner's Report to the Dlrectors of Sporting Famity Change Foundation This report on the finanaal statements of the Company for the year ended 31 March 2024, which are set out on pages 2 to 22, is in respect of an examinatson catTied out in accordance with s.145 of the Charitles Acl 2011. Resp¢¢tiv¢ respon8lbllltle8 of the PCC and exarniner As the charity's D1clOrS you are responsible for the preparation of the financial slatemenls., you consider that the audit requirement of Regulatsons and s.145 of the Charities Act 2011 do not apply. It is my responsibility to issue this report on those financial statements in accordance with the terms of the Regulations. Bas1$ of this report My examination was carried out in accordance with the General Directions given by the Charity Commission under 5.145(5) Ibl of the Charities Act 2011. That examinabon includes a review of the accounting records kept by the charity and a comparison of the accounts with those rewrds. It also includes considering any unusual items or disclosures in the financia1 statements and seeking explanations from you as trustees conceming any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by Ihe accounts. Independent examlnèr's Statement In connection with my examination, no matter has come to my attention.. Which gives me reasonable cause to believe that in any rnal8rial respect, the requirements to keep accounting records in accordance with section 130 of the Charities Ad 2011 and S386 of the Companies Act 2006 to prepare financial statements, which 1rd with the accounting records and comply with the requirements of the Charities Act 2011 and Regulations, and S396 of the Companyès Act 2006 and with the methods and principles of the Slatement of Recommended Practice." Accounting and Reporting by Charities have not been mel: or 12) to which, in my opinion, attentions shoukl be drawn in order lo enable a proper understanding of the accounts to be reached. Name of Principal Name of fimi Relevant professional qualification or body Addres5". Mr Matthew Porter FCA Haines Watts ICAEW Enterprise House, Timbrell Street, Trowbridge, 1t$h1re, BA14 8PL 6 December 2024 Page11
SportiKWJ Family Change Foundallon statement of Flnanclal Actlvltles forthe ye•r end¢d 31 March 2024 Ilncludlng Inrne and expendlluro Account and Statement of Total R•ctynlsed G•in8 and Los••sl Not•s Unratrkt•d Rejtsictod Totsl Fd> Fvnd• 2024 In¢)m• •nd Endowmonts fvom: l)onationJ Charit8bl¢ activities 58,540 $34.074 18.297 76.837 534.074 T1 inGom• 5¥2.614 810.911 Exp•nditur• C051 of raising funds: Ch8rit8blè actiwties 1W.635 454,218 100,835 499.827 4S.611 T)tsl •xpeThll 45,811 Nèt in¢omellèxpènd1re} P7,314} Rè¢oneIlla0n of funds Total funds byought forwa 8alaTrce trar5f¥s 187.7ff2 32.315 2QO.077 Total lunds ¢aTrled forniard 210,525 Unmirfcted R•&triGt•d T<tsi Funts Fund5 Fund 2023 Income and Endowments from: Oonalions Charilable acaiwli88 49.095 315.004 85,9 135.085 315.rA)4 Totsl incomè 384.099 Expendir# Cost of ralsing luntjs: charilab a¢tieS 22.184 290.588 22,164 424.642 134,054 Total XnlIA 312.772 446.826 Not 1ncffli•ll•xp•ndlrO) (48.C64} R•conc[ltioTr of fundj Total lunds broh1 fornvanl Balance transfers 116.489 1551 80.325 198.814 T¢)Lg1 funds crrfqd forward 167,762 32,315 Page 12
Sixytlng Famlly Chang• Foundai R•gl8l•r•d numbgr: Bolance She•t a$ •t 31 rets 2024 09507319 2024 2023 flxod •gwlB TanglIt #sset6 13.240 7.858 Cury•nt as54ts Debiors C8sh at bank and in 125,377 103.815 228,992 84.770 128,422 213.192 wlthln 31,707 20.773 197.285 IWd.419 210.525 200,077 210.525 20D.077 Funds Unrèstrthd fund$ Resiricted I5 fl 205,525 s,oco 167.762 32,315 Total fund• 210.525 2QO.077 The knjstges are satistkni thal the rnpanY is enti lo èxemption Iiom th• requirernent to obtaln an èLsdtt under seetlon 477 of the Companie& Act 2006. The have rjot required fv c¥Jmpafiy to ottsln an audit in a(xordaFf Sect 478 or Ihe Acl. The tW5tve5 acl¢nryrtkdoe Ihesr rnaptsrri1jlle8 for comy10 Ihe 1gquk8mènts of thg Cory$nies Ad 2W6 with rgSPeCt to xo)unllng r8cord$ and th• PfeparatH)n of H¢xounts. The 8cetsunts have l)eon pr8par8d aCUTd8nce th th8 prov75ion3 in Part 15 of ts C(MxpaTh8s Act 28 appIlble lo ra)mwios su'¥ct to the 81¥ compre& rggime. Thg firs181 Statements wue apprTh8d by th• TrusleD$ on.. Sign&bJre Name R BuHard Pojttio Chair Page 13
Sportlng Famlty Change FouThation Noto8 to th# A¢¢ounts for the yoar end¢d 31 Marth 2024 1 Acrountlng policle8 The pr¥ncipal acLtJunting pdicles 8doFted thè prep8fèthM oFthe finJndel stsiernents are set out below.. Th• finaDdal statemws have t•en rAepargd in accordance Acry)untThJ Rerorting By Chariti85. Stalement gf R¢cthnmeed Practk applic8ble to ch£nites preparing their accetthts in atd8r vAtb the Finamal ReportirKJ Sl8Trdard aWThb1e in the UK and Reput4ic of Irgland IFRS1tr21 leffve 1 Jant>8ry 20191- ICI]aritios SOAP IFRS 10211. Flnanual Reporting Standard applice in Ibe UK eTrJ Rèpjblicol lrnland IFRS 1021 arml thè Companles Aca2W6. Sporting Fami Ch8ngg Foundatitin meets the definMon of 8 publle benefft entty under FRS 102. Assets aTrtt li8bilities are lnits.alty rwnii•g at hlstortcal cost or transaCtn valu• otMwvA8e stLI In the r4gV8rt&c£tyJnts"rg rttes. Golnq coneém The Tee8 C¢$10r that thero are no material uncertainties abwt th• Cbariiys abilty to c# a$ a going concern n¢rany gnifw¢ weas of u[ertaInty that affed th? csrying value of asset5 held by th8 Charty. The Trusteos kavg re¥ trte suppty thains, key donoTS and the CaPit81 re80ufLxB a86 aThfj con#¢derthat the Chsrity has Èdoquata re60urcès In Pla to ClInu8 tradiThJ for the next t8¥ months. Exempvoll Irom prwlng a ¢agh ffowstatement Thp Charty Opted to early adopt Bletin 1 Pu1$hed on 2 February 2016 and etheA¢fe not ir¢ducJed a cash ffow statement in th9¥9 finatTeial stMtBments. All Ineome Is recO3rKd Once Ch8Fity haB entyWgm8nt to th8 inme. it is probat4• that th incvmB will i roc8ived anrJ tyjnI ortmg in¢xm8 rorAvabk can bo measured relwb Donatl¢)n¥ 4nd legaeles Donatons are recosnisedhthen the Ch8rity tstn tiotifitd in witing olboth the 8rnwnt aThl Eettlement date. In tre evertthat a donab'on18 su¥octto codI140nS ihal require 8 ¥1 ol pèrformarKe by the Charty before th• Charlty 1$ entrtlerj to tha fiJnd8, the income Is delerreo and not recogni5ed unb"l &ther tho¥¢ coTh&ition$ We fully met, or luffilmentof Ihoae L¥)ndMors Is wtK)Ily wthin th8 cxjntrol otthè Cfiw¢ty and it 1$ Fbatsle that thésfy con$ ill b8 fvlfilled in tho repDrting perlod. Pag¢ 14
Sportlng Famlly Chango Foundatlon Not88 lo the Accounts for the yéar •nded 31 March 2024 Gr8r a recognised vkn•n ihe Chaw on en"ementIO the lunds and any fA>nditiMs linked to the grants have been md p8rtorThwts Cond00$ ore attached to the grant and arè yet to ba mèl. tho income 18 reLwnised as a liability induded on thè balance sheet dèfèrred to be released xp•ndlturn All expendrturo is TWX)gni88d citcg there IB a1481 or trUCtIve oblig8tl¢n to th expEndrture, 11 is probatle 88ttlÉm8rrt is rewred the gmount can it measured r81iaNy. 1 cost$ ?rè dlocated io the opplicable expendrture h8adlng ihqt eggregatè stmilar o)sts lo that cèt•gcry. Where etssts cannot be dir&ty atlribLrtod io wtitsjlgr headng$ they have been ollo¢ated crt • ba¢is ¢Stent ith us8 of resl¥¢eS. traI costs alcvted on the basls oflimo Spwt, 8TrJ depr¢dallon chwgel 8lk)cod on thg PDrtion of ihe asaèvs use. othgr 5UPPDrt ¢<ths ara alloe4led b8 the spread of siaff costs. Ratslng funds These are costs In(vr 4ttraLng vcluntary mthnagemgntof H7v•sbn•nls Illose In0Jd in trading th"e3 Ihat rai88 ld&. Charh8bl•aetlvllles exponditure cgmpri8•s thoge o)Dts irjrrod ty Ihe Chanty in Yne ¢Jelivory of Its acbwtigs and services for ils benefi¢iarias. It indtths tK)th ¢¢)sts that can be alICted dlrecdy to lu aetiwti.ès and cc4t8 of8n ¢ndirECt nobn c?Ory 10 sUPlY)rt them. These ilUde the c4sts attributab to th? Chariws compli8 wth constytub.onal and statutory requir6mt$, indud'rvJ 8Jrt, strgic mgeTTnt 8nd Tru8tees' mètitingg and reimbufsed expe. Taxadon Th• Chalty (fjnsidw8d to pas$ IhB tosts set oul in Paraoraph 1 Scthdub 8 of the Finan¢¢ Ad 2010 and Ihw6foTe it mèèts th8 dofinition of a tharilable compary for UK tax purptssès. AcvJrdingly, the Charity13 POtgnts"afW exemptfrom taxation In r8SF¢L# of InMe or capital gw rVed wrthin ceg0ri95 covered ty Chapter 3 Pt 11 oflhe ctrpor8th.on Tax Act 2010 or Sp%tion 258 ofthe Tatstion of Chargealle Galn? Ac 1992. to Ihe extanttli su¢ Inome or gwns are appl èxduVdY to thftritatkn PLhTrOWB. ranglbl¢ fix8d•ssets Irsvidual fixed a888ts # lrritialty r?ded at ¢mt. kg$9 any sUbSU8nt aumUlad tJoF)r8cAati an¢ sub¥equent JmL1at?d irnkxlfmont IQB. Dewecithn 18 provided cm tsngible fix8d asseis K) a6 to wrb off lh* cost or v8luab"on. le59 ¥y esknated rèsbdual vdw. Ir their tt¥Foded usaAI WAornI¢ll 01 fol Office èquipment Fi¥ths and fbn95 Mcdor vehiths 25% reduGing batanc 2) reducing balance 20% r&tsing bg18nc8 Traye debtors ar8 OrnOLrts dua Irom tOrne15 fr)r m8rd)&ndise Sold larv8 FerformÈd In the Orthn courw of bLwne35. Pag015
Sportlftg Famlly Change Foundatlon Notss tC tho Accounts forthe year •ndod 31 MarGh 2024 Tr8dÈ dèbtorn we recognLwd inltlally at tran•a¢b"on price. Th8y ara wbwuentjy m8asur•J at amorti3£d cogt using the effecvè inwest mot1d. le8S WO¥i9ion for Impairment. A provi&on fof th? impairment of tre d8btor5 85t8bli5h8d th¥m is ObloCt ovidwc that lh8 Charity will nol be abl& to rnlle¢t all nts due acts)rdino to Ihe origlnal terms orthe re1Ve5, Cash endeash tqulv4lents Cash and sh Valts cA?mse eastt h8Thd and ¢811 tposrts. a+)d othw 8hwt.lerm high Itouid invo$trnorrts th af8 readi convortibl• to a knewn amount ol cash and aro 6ubl1 to Irlfic4n1rfsk of cang• sn vall, Tradg v8('tors artr to pay grDJd8 or services that hav8 teen acquirtd in th• c¥dirny o)urse of business frorn suppllers. AcL¥)unts payab aTr dwifi8d as ojrrent It811b&S rf the Charity does not have unLX)ndi'onal righ( at tho end of the reporb'ng geriod, to defer 5ethement of the editor for at least months Bfter the repth.ng d8te. If there is an unconditsonal right to rkfer 6ett1Èmt at least trlv• Months aftey th& Mp)rting dat•. they ¥re prewtod 8$ n4rrant liabilitias. Trade cre(litotB rwni¥gd inllièlly at trans8dIDn prta eaNI subseouW meowJr•J at arnorti8d e05t LL8irYJ the effethve intweBt method. Inlgrgst-bå bOng$ ar0 iThlialty w¢rdgd Èt fair value. nèt of transaetlon costs. Intered- bearing bomymngs are subsequenty carried at amoFtss&1 cost. wth tha thff8rer betren Ihe proceed3, net of trath0n wsts, and the 8mtyJnt due on redempbon ting rerwiJ•d char9e to the Statement of Finartaal Athvitia 0rth& p&riod ofthe relevant bor10. Intgre8t Pen¥8 is racognised on lh• b8 01 th8 effective int8reBt rneihod and is indudod in rest payable similar thorgg8. BorTrngS are d855ffjwJ al li•tillty'o6 unlos8 hw9 4n uncDndthonBI right to defvr 8eWement tha liatiltyforat laa5t month8 altar lh8 ropcts"ng dat& Unrèstrictsd Irthme funiss are WPAal kn$that are available lor uso at the Trwteeg (JL8ttetlon Irs fUrth•rar ofthè oltIva& ofth• Charity. Restrfthd income fvna$ aro Ih)se donated for use In g parI9T arn8 or gpedfic PUfP)ee5. the of*ich16 restrirAod to IW arga tx purposg. Tbe Charity OFerates a dèfirnd thntribution penon pension plan under %Ich ffixed cJ)ntribubons are w¢J int¢ a powon lund and the Cherity h8$ no legJ LY ¢onstructN8 ¢)bligab"on to pay furthor contTrbub'ons wen if th• ftjnd 0095 not hold sufficient a39oti to pay ell empltsyee5 th• trrtfits re115 to empknyee 88Nlc• In the current and WOT ContsitAthns to defined corrtributs.on tyars are Tecognised in the Statemert of FinancA&i Acbvthes vtsn thgy arg du8. WcL¥rtrIn [rn1¥ Iho contrit)n duo for Bc6, th8 exee88 65 rwnised 23 a prepgymert. P8g• 16
Sportlng Family Chango Foundakn Not•6 to the Aunts lorthe yur ended 31 March 2024 Flnanclal Irntrvments The Charity only has finantial 88¥8ts and fln81& liabllitle$ ol $ kind that qlIty a$ basic financlal insknjments. B¥sl¢ lInanc instrumant8 ar• Inilally m#8ured at tran6actlon vath subwuantty Measur at orfying valw acuued interest 198$ payTnènts. Th? fIn•Irt9 eharge to bat a owstant rate ¢dwlat•d using the effedivè inl•rest model. 2 Incom• from dona0 •nd l•yc8 UnYwtrlcW R•¥lrl¢t•d fund• fund• 2024 2023 Don8tlon8 and 10C•. Donations Gfft aid redobned 51,518 51.516 13 in¢luding caplal gMnl•: Grants trom olhwcNqTrtr85 7.024 18.297 25,321 76 B37 3 In¢t)m from thtritable •ctl7•111•¥ FuTrdrglsiryJ Café M8rrtoran9 44,188 963 488.903 634.074 44,188 4,C45 302,365 488,3 Pagg 17
Sporuro Famlty Change Foundation Notss to tho A¢¢ounts fof the y••r ended $1 March 2024 Unrmtrlctsd RtrI¢ld lurtsl• 4 Analyskn of ExpondituY• 202J Total Fundrnl$ing arKJ 8VtrT A(fverbging 21.194 16,CJ37 18,037 100,635 Totsl 2024 charl¢1&4¢1fv1d8• w>•nth R8%r V8roJè 972 972 11,iei I,CS1 15,362 724 2e,g51 8.975 218.g88 13. 4.697 .883 ,359 208 28,94S rnsts Entf&nL* faos CharM8tAe wen+Jthre Café ew8ndKure Wag85 and salaries 25,544 547 33,227 75 2S.619 547 33,227 3,912 274C66 11.319 227,727 11.318 45.341 Stafr NIC Stsft TTrnspyt Mats 38,224 56.073 $8.224 58.073 1.803 13,905 1.1(L3 staff trainiro R8palrs and maIntar? Talophon8 and internet ndry expenges Refreshmenls P•xJkkeèping 1888 Independent txaminers fee 18nd profeOnal lees Insuranc Printing, pwlaw and stabomry 13.710 1.103 27.720 1,898 27,720 1,888 20,e81 750 738 281 738 281 2.9CQ 1,074 424.842 P490 18
Sportlng Farnlly Change Foundatlon Notgs lo the Accounts for tha yoar •nded 31 March 2024 NoTnJstees have r1¥1 frtrm ts Chsrlty durtng the year No Tnts5 ha¥è ¢1Ved ary reimbursed expen$ from the Charity during year. Tho kw ManagemlperSOnnd ofthe Charity the Truate81. 6 8taff costs 2024 20rJ The aoJregafe p8yi¢41 ¢08ts wr9 a5 Nl(th3." Wages and salarigs 'al secunty ¢osls Pertsion cK>sts 273,Ce9 11,319 218, 13,7&8 294 237 374 The monthty aver fiumt4r ofF•rsons Onduding Yru8ts95} ernthed by the Charity during the ar wpressed 8$ full time ewwonts 7A88 8$ fo51 2023 Numb•r Numl>gr ChaTTt$ble tniities 14 10 No ernoYee Ned emoluments ofm¢re lh £,000 dTrg tho y88r. 7 TngSblo ftxod •xs•ts Molor Flxiurn¥ Veht¢kn and fittlngs •quipm•nt Totsl At 1 AprH W23 Addition$ Di8ptsBals Al 31 Marth 2024 4,917 6.198 f4.815 At 1 Apnl 2023 Ch8rg• IOT the yaar On thSPDS815 At 31 Marth 2024 327 918 1.5g 1,381 S,034 8,957 2.gn N&tbo( Yal At 31 M8rth 2024 3,045 At 31 Marc 2ffd3 7.658 P•gè 19
Sp¢rting Famlty Chango Foundation Notss to th• Accounts tor tho ygar dett 31 paarch 2024 2024 2023 7ra debtors Otlw debte45 PrepHymèrts 108,200 430 18.747 ? Cr•dlkorn: amount• rIn9 wjthln ong y•ar 2024 2023 Trade credtors T8xab'on8Th1 •odal 58CJJTIty g)8t8 Other cwJitor8 Aoyuals and defwrèd grgnts 27,$97 2.161 10.445 8,921 857 750 750 10 P•n8lon •nd oth•r•¢h•me The Ch• opwates a defined uJntribAion schgme. The p?lon cost thargg foru* Or repras&nts contribuYM$ pay8bk8 bythg Clwrity to the sthèm• and arnounted to t4,UIX12023- £4.e9n. Pag8 20
Sportlng Famlly Chwg• Foundatlon Not98 to thè Accounts for th• yoar ended 31 Mar¢h 2024 11 Fund• 8•l•nc• lsKomlng R•¥our¢•• BlAnce alance 41 l Aprll re•Ou$s •xpèmd•d hn•f•rn at 31 Ilarch 2023 2024 UnrèstrlciÈdlund• Genet4 fund 67,782 $92.814 1664,8501 105.525 D•slw4t•d fijnds Foundation Life Centr¢ 1LKJ,000 1Q),OC(J Tirt#l Unregtvl¢t•d lun¢ st Johns Fouthlion. Special Programme Nth"on81 Lottery Sm41 Grants MedloL Charttabb Trust 8ANES cour41 COMF 2 RU NoNie Twst St JBmÈ$ Place W¢Thn's Fund Qutet Ccrnwty FndatIOn [2,3141 15.OODI 115,0(Ql 16.OCQI (7,eI 12,CO)I {2,6991 13,OLXJI 11,9981 2,314 15,000 10.C 2,ts)0 2,899 4.DJO 1.998 1.0(J) Totsl r•*trfeted lund• 18297 Total fLtrnds 077 810911 210 525 Pag• 21
Sportlng Famlly Ch•ffj• Foundatlon Notas to th& A¢Trts forthe year endgd 31 March 2024 The •p•¢lTh¢ pwpo•Mlor th•luth ar• to b• appl1 aro aB follo. lkngfenc•J ftytha ¢>pit81 cogt ofthe FOund8u for Life Ct. 140110ft01 Lottwy Small Grants CdN8rin9 genue •xeAcise da5$ fordd•r paopltr in I¢ communty in Ncrtjn Radst¢¢ Al•dloch Chwttobh rust¢(l7 Supporting SDrial presutsng remvw ph88& athlt. SANES COMF2 (Conlakn Oullxwlr MnaHOmthTrtFundJ To delwer • pFty$ic81 exwry8e Tr8nsiticn Prtraramme to help young p6opb ir8nsttlors from prlmary to 88conthry ift B&NES. Royal UnitodHospitallRUH) T(rdS heallhy ackn.vty group$ $088ifTh trthos8 rnrtst aff•ct•d ty tha pandemiG Trust Tovrards $EgPDrting healthy at ow Wom•n's Wdlb8ing C2ftt. Towardsourtew gid$ pr¢Ject'icNe YrAThIf' Women Fund TovRrdslh¢ cost6 01 supwbng women to improv• th&r mental heaNh rewhen¢e, Bocid cc£tethe$s, becomg ysica15y fitter a1 TnoTr Inv in tr1r Iccal communffjes. Tovmds our teer4go 95rf5 rrpntoring prolKt"Lov8Your50lP 12 Relat party tranu¢llons Mr J Dttane. father of the Tru8té• Ms J Wicks, wts emph)yed by the Charity dyrfng th• p8ri¢d. A salary or £32,1O01213.' £29,167) and rtimburgod gxpansès 01 £20,898 {2ff23'. £26,) were paid durir@ thè pon"od. Tho ¥vmunèration was pald undor •xwo8s pwr givgn in thavenn9 dc¢umert 13 chrlty Statt The Charify 1$ tirnited by guarnntffj in Enpland and w61, 4r¢J nrA have 8h¥o C4Prt81. E8th ofth& T1888 $81189 to c4nMbvtg an gmount nOtexC41lng £1 twarts ihe a$8gtsoffh8 Cha in thg gvgnt of Iwidation. Th8 addT dlts rnubtred offK 12 Spenw Drivo Mithomer Norton Radstty* BA3 2DN Psgè 22