Doouslgn Envelope ID: F7FA5981-7EgO43B￿8Ss6EO59C00CAFB
THE JD FOUNDATION
TRUSTEES, REPORT AND AUDITED ACCOUNTS
Registered charity number 1167090
Company number 09808812
For the year ended 31 January 2025

Doouslgn Envelope ID: F7FA5981-7E9043B94855-6EOS9COOCAFB
THE JD FOUNDATION
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Traci Corrie (resigned 4 October 2024)
Nigel Keen (resigned 4 October 2024)
Michael Amistrong (resigned 22 September 2025)
Nicola Kowalczuk
Theresa Casey
Emma Chevreau (appointed 23 May 2025)
Neil Bradford (appointed 23 May 2025)
Chalrperson
Nicola Kowalczuk {appoint8d 4 October 2024)
Traci Corrie (resigned 4 October 2024)
Company Number
09808812
Charlty Number
1167090
Audltors
Barlow Andrews LLP
Cadyle House
78 Chorley New Road
Bolton
BL14BY
Bankers
Barclays
43 High Street
Sutton
Surrey
SM11DR
Sollcltors
DLA Plper UK LLP
Prin￿8 Exchange
Princes Square
Leeds
LS14BY
Addleshaw Goddard LLP
One St Peterfs Square
Manchester
M2 3DE
Reglstered Office
Edinburgh House
Hollinsbrook Way
Pilsworth
Bury
Lancashire
BL9 8RR

Docuslgn Envelope ID.. F7FA5981-7E9N3B9-88554E059COOCAFB
THE JD FOUNDATION
CONTENTS
Page
Trustees, report
Statement of trustees, responsibilities
Independent auditorfs report
Statement of financial activities
Balance sheet
Statement of ca8hfiov
10
Notes to the accounts

Docusign Envelope ID.. F7FA5981-7E91)438￿5$6E059CQocAFB
THE JD FOUNDATION
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 JANUARY 2025
The Trustees present their annual report and financial statements for the year ended 31 January 2025.
The financial statements have been prepared in accordance wilh the accounting policies set out in note 1 to the
financial statements and comply with the charitys Memorandum and Articles of Associatlon. th8 Charities Act 2011
and "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) (effedive 1 January 2019)..
Structure, governance and management
Trusteos
The trustses who served during the period were:
Tracl Corrle (resigned 4 October 2024)
Nigel Keen (resigned 4 October 2024)
Mlchael Am15trong (resigned 22 September 2025)
Nicola Kowalczuk
Theresa Casey
Emma Chevreau (appointed 23 May 2025)
Neil Bradford (appointed 23 May 2025)
Governlng Document
The JD Foundation ('JD Foundation,) was Incorporated on 4 October 2015 as a company Ilmit8d by guarantee and is
govemed by Its memorandum and articles of associatlon. The company was subsequently registered as a chartty with
the Charlty Commlsslon on 13 May 2016.
The directors are trustees for the pU￿oseS of charity law and in this report are collectlveSy refeffed to as the trustees.
Responsibility for JD Foundation's dlrection and affairs lies with the trustees.
Appolntment of tru8tees, Indu¢tion, and trainlng
The sklll requirements for the trust body are revlewed and any vacancy arising is filled by consensus amongst the
remainlng trustees to meet the necessary crfteria. When new trustees are appointed, they are given an introduction
to the work of the trust and provided wlth the Information needed to fulfil thelr roles. whlch Includes Informallon about
the role of trustees and charity law. Meets'ngs take place at least twice a year to rewew the charity's f nanclal matters
and general operating managem8nL
ObJ&ctlves and aGtlvitles
JD Foundation's vision was reflned on 14 September 2023 during a Truste8 Meeting. and updated to 'young p80ple
achievlng thelr unllmited potential" with our mlssion belng °building stronger youth communltles and transfomilng
young people's lives through opportunities, engagement and sodal change."
Principal fundlng sourc8S
The twst has 3 prfncipal sources of income:
Revenue arising froTn the sale of single use carrier bags in JD Sports retail stores in United Kingdom and Europe,
at 50 - 1000/0 of income, net of VAT. dependent on fascia.
Micro-donatlons rnade by ¢ustomeTS at the point of sale our charity partner Pennies. These donatlons are
recelved across all stores including JD, Size, Go Outdoors, Blacks, Millets, HIP, TISO.
Charitable fundralsing initiative5 completed by JD Group UK colleagues.
Chaiities Supported
This income is then distrlbuted as follows:
JD Foundation's nominat8d charitles and other support projects - donations of varying amounts from the amount
ralsed (net of VAT) from the sale of carrier bags in England, Wales and Scouand plus incomè from other sources
of fijndraising.

Docusign Envelope ID: F7FA5981-7E9043BU85ME059COOCAFB
THE JD FOUNDATION
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 JANUAR Y 2025
JD Foundation's nominated charities during the yearto 31 J￿Uary 2025 were:
The lfjngs TNst
Bolton Lads and Girts Club
Bolton Wanderers Communty Trust
Borough of Basketball
Coppafeel
C.FIY. (Cardiac Risk in Ihe YouTh3) Aaron James DIXC￿ Memorial Fund
Football Beyond Borders
Foundatlon 92
Hideout (Empow Youth Zon8)
lfjdscape
Manchester Youth Zone
NBCS Foundation
on￿ Upon A Smile
Papyrus
Sacrtston Youth & Communty Projec*
Salford Foundation
Salford Youth Zone (Empower YoLrth Zone)
Sign Along Wtth Us Foundation
Smlling Familles
Sport 4 Life UK
Street Games (￿ide Sports)
street Soccer
The MIX
The Wee Haven Pn)Ject (WHY)
Unseen
Youngmlnds
Youth Justlce
Flnanclal ravlew
The Statement of Flnanclal Activlties forthe period Is set outon page 8. Flnanclal accounts are reviewed by all truste88
regulady and th8 annual financlal statements a￿ subject to audit by reglstered audltors.
Achlevements durfng the year
The perSod covered by thls report and attached financial statements is 1 February 2024 to 31 January 2025. Durlng
this period the actlvlty of JD Foundation comprised Ihe ￿lpt of income from JD Sports Fashlon PIC of £2,505,609
(2024: £2.622,242) and subsequent donations to the nominated youth and environmental charftles of £1.358,377
(2024: £1,071,394).
During the year, we continued to SUpp￿t numerous organlsalions through our charitable donatlons, as outlined above
and in note 5 to the aGGounts.
Prfnclple fundlng source
The Foundation is dependent on all Income (net of VAT) artslng from the sale of slngle use carrier bags in JD stores
In England, Scotland. W81es, Northem Ireland and other European ¢ountrles, as well as micro4onations from
customers at the store point of sale and colleagu8 donatims & fundraising.
Plans for the future
The trustees and the senlor leadership team have been worklng hard to ensure that JD Foundation is havlng as much
Impact as posslble for the chosen benefioaries, and as a result of thks. JD Foundation has been through a full r8brand
of its vlsion, mission and values in recent months.
Since 2015, JD Foundation has supported a wide range of Charities across UK who hav8 been prfmarily focused on
provlding opportunities ft)r young people, and we have now decided to double down on this as our sole focus based
on feedback from our JD Group colleagues, our charity partners and feedbad( from our consumers.
As discussed in last yearfs Trustee Report, we have redeveloped our Strategy which breathes fresh alr Snto the focus
of JD Foundation, whilst embedding the tharity arm of the group into the corporate strategy for JD Sports Fashlon
Plc.

Docusign Envelope ID.. F7FA5981-7E9LV4389485&6E059COOCAFB
THE JD FOUNDATION
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 JANUARY 2025
Plans for the future (continued)
Our new strategy is broken down Into 2 key areas:
Community
This consists of the provision of Grants and Partnerships to charitable organisatlons who align with
our vision and that operate across communities within the UK.
This strand is made up of a colleague-led Grant Giving programme. alongside our existing Charity
Partnership model,
Opportunity
o Thls consists primarily of programrnes and partrierships that help us to achieve our vision, on a more
strategic and national level.
Examples of this include our JDUP careers and opportunity programme, as well as our partnership
with King's Trust.
We are looking forward to this next iteration of JD Foundation in the knowledge that we continue to improve
our working practices to allow us to better support our communilies, colleagues, and consumers, buildlng on the
lif&changlng work that our Trustees have led on since JD Foundaiion was fI￿t fonned in 2015.
ReseNes
The trustees have reviewed the resenies of the trust. The pollcy is to meet its commitments given to specific
nominated charities each year. Unrestricted general funds (free reserves) total £194,521 (2024: £1,318,545) and
designated funds total £2,091,878 (2024: £1,361.322).
The trustees confirm that they are ultlmately accountsble for setting and mon"rtoring the level of resenies kept by
JD Foundation and will keep the reseNes policy under review to ensure it ￿MaInS appropriate.
Rlsk factors
The trustees have assessed the maior risks to whlch JD Foundatlon is exposed and have established systems and
procedures to manage them. In particular fraud and finanaal control are kept under review. The truste85 belleve that
all major risks are mitlgated.
Related partles
JD Foundation recelves its Income from. but Is independent of, JD Sports Fashion Plc. The tNstees take all decisions
In the best interests of the furtherance of thé charfty and Its chaiitable objectives.
Public benefit statement
The trustees confirm that JD Foundatlon complied with the Charlties Act 2011 in the period.
Each year, the trustees revlew the objectlves and acuvities of the charity to ensure that they continue to reflect their
alms and provide a publlc benefit. The trustees are satisfied that they do.
The trustees have pald due regard to guldance issued by the Charlty Commission in relation to adivitles for the public
beneflt in deciding what activitles the charfty should undertake.
Disclosure of informatlon to the auditors
So far as we are aware, there is no relevant audll infonnalion of which JD FoundaUon's auditor is unaware and we
have taken all steps that we ought to have taken as trustees to make ourselves aware of any relevant audit
Informatlon.
Audltors
A resolutlon for the reappointment of Badow Andrews LLP as auditors Ss to be proposed at the forthcoming Annual
General Meeting. The trustees recommend that Barlow kndrews LLP remain in office until further notice.
I declare in my capacity of charlty trustee that the trustees have approved the Teport above and have authorfsed me
to sign it on their behalf.
DoEuSiun•d by-.
E)eceMbe/ gog
5GI672AOÉFe9416:.....
Signed by Nlcola Kowalczuk, Trustee

Docuslgn Envelope ID., F7FA5981-7E9(H3Bu8556E059COOCPFB
THE JD FOUNDATION
STATEMENT OF TRUSTEES, RESPONSIBILITIES
FOR THE YEAR ENDED 31 JANUARY 2025
Unlted Kingdom law applicable to charlties in England and Wales requires the trustees to prepare accounts for each
financial year which give a true and fair view of the incoming resources and application of the resources of the charity
during the year and of its state of affairs at the end of the year. In preparing the accounts the trustees should follow
best practice and..
select suitsble accounting policle5 and then apply them consistently.
make judgements and estimates that are reasonable and prudent.
state whether appllcable accounting standards and statements of recommended practice have been
followed,. and
prepare the accounts on th6 golng concem basis unless it is Inapproprfate to assume that the charity will be
able to continue to meet its objeclives.
The trustees are responsible for keeping proper accountlng records which disclose with reasonable accuracy at any
tlme the flnandal position of the charity and which enable them to ascertain its financlal posltion and to ensure that
the accounts comply vAth the Charities Act 2011, the Charlties (Accounts and Reports) Regulatlons 2008 and the
Trust Deed. They are also responslble for safeguardlng the assets of the ch8rfty and hence for taking reasonable
steps for the preventlon and detection of fraud or other irregulwities

Dorusign Erbvelope ID-. F7FA5g81.7E9o43B￿885s.6EO59c00cAFB
THE JD FOUNDATION
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF THE JD FOUNDATION
Oplnion
We have audited the financial statements of JD Foundation for the year ended 31 January 2025 which comprise the
Slatement of Financial Activibes, the Balance Sheet, the Statement of Cash Flows and notes to the financial
statements, including a summary of significant accounting policies. The financial reporting framework that has been
applied in their preparatlon is applicable law and United Kingdom A¢counb'ng Standards. including Financial Reporting
Standard 102 the Financial Reporting Stanflard applicable in the UK and Republic of Ireland (Unlted Kingdom
Generally Accepted Accounting Practlce).
In our oplnion the financial statements:
glve a true and fair view of the state of the charitable companrfs affairs as at 31 January 2025 and of its
Inwming resources and application of resources for the year then ended.
have been properly prepared in accordance with Unsted Kingdom Generally Accepted Accounting Practlce.,
and
have been prepared in accordance with the requlrements of th8 Companles Act 2006.
Basls for oplnion
We conducted our audit In accordance with Intematlonal Stsndards on Audltlng (UK) (ISAS (UK)) and applicable law.
Our responsibillties under those standards are further described in the Auditorfs responsibilitie5 for the audit of the
financial statements section of our report. We are independent of the charitable company In accordance with the
ethical requirements that are relevant to our audit of th8 financlal statements in the UK. induding the FRC'S Ethical
Standard, and we have fulfilled our other elhical responsibilities in accordance with these requlrements. We believe
that the audlt evldence we have ob￿ned is sufficlent and approprlate to provide a basis for our opinlon.
Concluslons relatlng to golng concem
In audltSng the financial statements. we have conduded thatthe twstees. use of the going concem basls of accounting
in the preparatlon of the financial statements is appropriate.
Based on the work we have performed. we have not Idenllfied any material uncertalnties relating to events or
condltions that, Indivldually or collectively, may cast signSllcant doubt on the charity's ablllty to contlnu8 as a going
concem for a period of atleast twelve months from when the financial statements are authorfsed for Issue.
Our responsibilltles and the responsibililles of the tNgtees wlth respect to going concem are described in the relevant
sections of thls r8POrt.
other Informatlon
The other informatlon comprises the infomiation included in the annual report other than the financlal statements and
our auditorfs report thereon. The trustees are responslble for th8 Other infonnation contslned withln the annual report.
Our opinlon on the financial ststements does not Cover the other information and we do not express any fomi of
assurance conclusion thereon. Our responsibility Is to read lh8 other information and, In doing so. conslder wheth8r
the other information is materially Inconslstent wlth the financlal statements or our knowledge obtsined in the course
of the audlt, or otherwise appears to be materially misstated. If we idenlify such material inconsistencies or apparent
material mi5Statements, we are required to deteTmine whetherthis gives rise to a material misstatement in the financial
statements themselves. If, based on the work we have perforrned, we conclude that there is a material misstatement
of Ihis other InfO￿nation, we are required to report that fact.
We have nothlng to report In this regard.
Oplnlons on other matters prescribed by the Companles Act 2006
In our oplnion based on the work undertaken in the course of our audit
the infomation given in the tnjstees. report. which includes the dlrectors, report prepared for the Purposes of
company law, for the financial year for wh￿h the fjnancHI statements are prepared is consistent wlth the
financial statements; and
the directors, report induded withln the Irustees. report have been prepared in accorKlan￿ with applicable
legal requlrements.

Docusign Envelope ID: F7FA5981-7E9043B9-8855-6EO59COOCAFB
THE JD FOUNDATION
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF THE JD FOUNDATION
Mattors on whlch we are requlred to report by exceptlon
In light of the knowledge and understanding of the charitable company and its environment obtained in the course of
the audit, we have not iden￿rIed material misstatements in the directors, ￿port induded within the truste8s' report.
We have nothing to report in respeci of the following matters in rela￿On to which the Companies Act 2006 requires us
to report to you if, in our oplnion:
the Infonnation given in the financral stat8ments L% inc(msistent in any material respectwith the trustees,
report., or
sufficient accounting records have not been kepi; or
the financial statements are not in agreement with the accounting records; or
we have not received all the infcmiation and explanalions we require for our audit.
Responslblllties of trustees
As explained more fully in the statement of trustees, responsi1￿lItIes, the tnjstees are responslble kir the preparatlon
of the financial statements and for being satlsfied that they give a true and fair view. and for such intemal control as
the trustees datermine is necessary to enable the preparation of financial statements ihal are free from mat8rial
misstatement, whether due to fraud or error. In preparing the financial statements. the trustees are responsible for
ass8ssing the charity's ability to continue as a going concem, disctosing. as applicable. matters related to going
concern and using the going conc8m basls of accountlng unless the trustees either intend to cease operations, or
have no reallstic altemative but to do so.
Audltor's responslbllllles for the audlt of thè fIna￿la1 statements
We have been appointed as auditor under sectton 144 of th8 Charities Act 2011 and report in accordence wFih the Act
and relevant regulations made or having effect theTeunder.
Our objectlves are to obtsln reasonable assurance about whether the financial ststements as a whole are free from
materlal mlsslatement, whether due to fraud or error, and to Issue an audttoV5 report that Include5 our oplnion.
Reasonable assurance Is a hlgh level of assurance but Is not a guarantee that an audit conducted In accordance wlth
ISAS (UK) will always detect a mated81 mlsstatement when it exists. Misstatements can arise from fraud or error and
are consldered materi81 If, indlvidually or in the aggregate, they could reasonably be expected to InfluenTr the
economic decision5 of users taken on the basis of these finaniaal statements.
Irregularftles, Includlng fraud, are instsnces of non-compl0￿Ce wlth laws and regulafjon5. We deslgn procedures In
Ilne wlth our responslbllities, outllned above, to detect materlal mlsstatements in respect of irregularftles. Includlng
fraud. The extent to which our procedur8s are capable of detecting I￿egularitIeS, Indudlng fraud. Is detalled below".
the ongagement partner ensured that the engagement team collectively had the appropriate comp8tence,
capabilities and skills to identlfy or recognlse non-complianc8 wlth appllcable laws and regulations;
we Identified the laws and regulations appllcable to the Company through discussions dlrectors and oth8r
management, and from our commercial knowledge and experienc8 of the charity sector.
w6 focused on specific laws and regulations whith we consldered may have a dlrect material effect on the
financial statements or the operations of the company, including the Companies Act 2006, employment and
health and safety leglslation,.
we assessed the extent of conyllance with Ihe laws and regulalions identlfled above through maklng enquiries
of management and inspecting legal correspond8nce' and
Identlfled laws and regulations were communicated withln the audit team regularly and the team remained
alert to Instances of nOn￿OMplianCe throughout the audiL

Docuslgn Envelope ID.. F7FA5981-7E9o43B￿￿SuEo59C￿AFB
THE JD FOUNDATION
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF THE JD FOUNDATION
We assessed th8 susceptlbility of the compan￿$ financial statements to material misstatement. including obtalning
an understsnding of how fraud might occur. by:
making enquiries of management as to where they considered there was su$￿PIlb1lty to fraud. their
knowledge of actual. suspected and alleged fraud;
considering the intemal controls in pla￿ to mitigate risks of fraud and non-compllance with laws and
regulations. and
understandlng the design of the companYs remuneration policies.
To address the risk of fraud through management bias and ovenide of controls, we:
performed analytical procedures to identify any unusual or unexpected rélationships.,
tested journal entries to identify unusual transactlons.
In response to the rlsk of Irregularitles and non-compllance with laws and regulations, we designed procedures whlch
includ8d, but were not limlted to:
agreeing financial statement disclosures to unde[l￿ng supporting documentation;
readlng the minutes of meetings of those charged with govemance;
enquirlng of management as to actual and potential litigation and clalms.
There are inherent limltations in our audti procedures descrlbed above. The more removed that laws and regulatlons
are from financial transactions. the less likely it is that we would become aware of non-compllanc8. Audiung standards
also limlt the audit procedure5 requlred to Identlfy non-compliance wlth laws and regulations to enquiry of th8 dlrectOTS
and olher management and the inspection of regulatory and legal correspondence, If any.
Material misstatements that arise due to fraud can be harder to detect than those that arlse from error as they may
involve deliberate ¢oncedment or colluslon.
A further description of our responsiblltties is available on the Financial Reportlng CouncS1's website at:
https:Ilwww,frc.org.uklauditorsresponslbilities. Thls descripiion fomis part of our auditofs report.
Use of our report
Thls report is made solely to the charitable companls member5, as a body, in accordance with Chapter 3 of Part 16
of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable companV5
members those matters we are requlred to state to them in an audStoVs report and for no other purpose. To the fullest
extent permitted by law. we do not accept or assume responslbllity to anyone other than the charltable company and
the charitable company's members as a body. for our audit work, for thls TeporL or for the oplnions we have f0rn8d.
:/A-k<
Davld Kay FCA (Senior Statutory Audltor)
For and on behalf of Barlow Andrews LLP
E Dccembef 2025
Statutory auditors
Carlyle House, 78 Chorley New Road, Bolton BL14BY

Docuslgn Envelope ID: F7FA5981-7E9N3B9-68WE059COOCAFB
THE JD FOUNDATION
STATEMENT OF FINANCIAL ACTivrriES
FOR THE YEAR ENDED 31 JANUARY2025
Unrestricted
Funds
De51gnated
Funds
Total
2025
Unrestricted
funds
Deslgnated
Funds
Notes
Total
2024
Income from:
Donations
1,734355
769,254
2,505,609
1,584434
1,037,808
2,621242
Total Income
1,73Q355
769.254
2,501609
1,58V34
1,037,808
2,622,242
Expendlture on:
Charitable adlvitles
12,874379)
(38,698) (2,914,077)
{1.034,758)
(242,044) (1,276,802)
Total expendlture
12,875,379)
138,6981 {2,914077)
{1,034,758)
(241044) (1.276.802)
Net {expendlture) l incomo
Tran8fer8 between funds
{1.139,024)
730.556
1408,468)
549,676
795.784
1,345,440
Net movement In funds
(1.139,024)
730.556
(401468)
549.676
Fund balances brought
forward
795,764
1,345.440
1,318.54S
1,361.322
2,679,867
768.869
$65,558
1,334427
Fund balances carrled
forward
179.521
2.091,878
2,271,399
1,318,545
1,361,322
2,679.867
The statement of flnanclal actSvities also complies with the requirements for an Income and expenditure account under
the Companies Act 2006. The charity has no recognrsed galns or losses other than the nat movement in funds In the
period. All results derivè from confjnuing actI￿tte$.
The notes on pages 11 to 16 fonn part of these financial statements.

Docu51gn Envelope ID: F7FA598l-7Eg(k43B9485ME05￿cAFB
THE JD FOUNDATION
BALANCE SHEET
AS AT 31 JANUARY2025
2025
2024
Notes
Current Assets
Debtors
Cash at bank and in hand
6 1,128,257
1,451,468
2,579,725
800,623
1,965,533
2,766,156
Current Liabilitles
Credltors
7 (308,326)
(86,289)
Total Net Assets
2,271,399
2,679,867
The Funds of the Charbty
Designated Funds
Unrestrictsd Funds
Total Charlty Funds
9 2,091,878
179,521
9 2,271,399
1,361,322
1,318,545
2,679,867
The accounts were approved by the Board of Trustees on 8 December 2025 and signed on Its behalf by:
D•Ets$loned by..
..5&￿￿OEF•9$b￿...
Nlcola Kowalczuk, Trustee

Docusign Envelope ID.. F7FA5981.7E9043B9485ME059COOCAFB
THE JD FOUNDATION
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 JANUARY2025
2025
2024
Cash flows from operating activities
Net cash (ouffit)w) I Inftow from operating activities
N8t cash used In Investing actlvltles
Net cash used In flnancing activlties
10
1514.065)
1.123,377
Net (decrease) l increase In cash and cash equlvalents
Cash and cash equlvalents at beglnning of year
Cash and ¢a8h equlvalents at end of year
(514,065)
1,123,377
1,965,533
842,156
1A51,468
1,965,533
10

Docusign Envelope ID.. F7FA5981-7E9N3B9-88554E059CtM)CAFB
THE JD FOUNDATION
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 JANUARY 2025
1. Accountlng pollcles
The following accounting pollcies have been applied consistently in deajing wilh items whlch are considered Tnaterial
in relatlon to the financial statements.
Company inforniation
The JD Foundatlon Is a private company limited by guarantee incorporated In England and Wales. The registered
office is Edinburgh House. Hollinsbrook Way, Bury, BL9 8RR.
Basis of preparallon
The financial stalements have been prepared in accordance with the accounting policies set out in note 1 to the
flnanclal statements and comply with the charivs Memordndum and thcle5 of AssoGlation. the Charities Act 2011
and "Accountlng and Reporting by Charities: Statement of Recommended Practice applicable to charlties preparing
their accounts In accordance with th8 Flnanclal Reportlng Standard appllcable in the UK and Republlc of Ireland (FRS
102) (effective 1 January 2019)'.The charity Is a Publlc Benefit Enuty as defined by FRS 102.
The accounts are p￿pared in sterling. which Is the functional cuThency of the company. Monetary arnounts In these
financial stalemenis are rounded to the nearest £.
The accounts have been prepared on a going concem basis and on a historical cost basis under the accnjal concept
other than as ststed below.
Golng concern
At the tlme of approving the a￿Ounts, the trustees have a reasonable expectation that the charity has adequate
resources to contlnue In operational existence for the foreseeable future. Thus the trustees continue to adopt the
going concem basis of accountlng in preparing the accounts. There are no material uncertainties about the charity's
ab51ity to continue to operate.
Funds
Unrestrlcted fund5 are funds which are expendable at the dis￿etiOn of the trustees in furtherance of the objects of
the charlty.
Des5gnated funds are those which have b8en set aside for specffic expendlture, at th8 dlscretion of the charity.
Incoming resources
These are included In the Statement of Financial Activities (SOFA) when:
1. tha charity becomes legally entitled to the benefits of use of the resources;
2. an Inflow of economlc benefit is probable. and
3. the monetary value can be measured with sufficient reliabllty.
ResourceB expended
Liabililies are recognised as soon as an oufflow of economic beneffts 15 PTobable.
Charitable expenditure comprises those costs Incurred by the charity in the delivery of its actimtles and services for
its beneflclaries. It includes both costs that can be allocated dlrectly to such activities and those costs of an indirect
nature necessary to support them.
Grants payable are accounted for when the trustees have accepted a legal or moral obligation an(1 accounted for as
resources expended in th8 Statement of Financial Activitie5. Governance costs include costs of the preparation and
examination of statutory accounts.
Cash and cash aqulvalents
Cash and cash equivalents Include cash in hand and deposlts held at call wlth banks.

Docuslgn Envelope ID.. F7FA5981-7E9N389-88554E059COOCAFB
THE JD FOUNDATION
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 JANUAR Y 2025
1. Accountlng pollcies (contlnued)
Financial instruments
The charlty has elected to apply the provisions of secti(￿ 11 'Basic Financial Instruments, and Sectlon 12 '0ther
Financial Instruments Issues, of FRS 102 to all of its financial inslruments.
Financial Instruments are recognised in the charitys balan￿ sheet when the charity becomes party to the conlractual
provisions of the InstrumenL
Financlal assets and Ilablllties are offset. wtth the net am(Kirrts wesented In the financlal ststements, when there is a
legally enforceable righl to set off the recognised amounts and there is an intention to settle on a net basi5 orto realise
the asset and settle the Ilabillty simultaneously.
Basic financlal assets
Basic financial assets, whlch includes cash and bank balances, are measured at ts3nsacUon prf￿.
other financlal assets
Financlal assets classlfied as other financlal assets are stated at fair vafue wlth any galns or losses arlsing on
remeasurement recognised in the statement of financial activities.
Flnanclal assets are derecognised only when the contractual rights to the cash flows from the asset expire or are
settled, or when the charity trdnsfers the financial asset and substantially all the risks and rewards of ownership to
another entity. or If some signlficant risks and rewards of ownership are retained bul control of the asset has
transferred to another paty that Is able to sell the asset In its entlrety to an unrelated third paty.
Baslc financlal Ilabilltles
Basic financial Ilabillties. which include other creditors, are recognised at transactlon prtce.
2. Income from charltabl• actSvitles
Current year:
Unrestricted Deslgnated
Funds
Funds
Total
2025
Donatlons from JD Sports Fashion Hc (UK Entliies)
Donatlons from JD Sports Fashlon PIC {European Entities)
Donations from P&nnies
1,714.366
39,171
1,753,537
225,757
225,757
465,628
465,628
Donatlons from Ske Campaign
38,698
38,698
Donations from JD Sports Fashlon PIC staff fvndraising
21,989
21,989
1,736,355
769,254
2,505,609
The donations made by JD Sports Fashion PIC malnty relate to the Income generatsd from the sale of cather bags
In JD Sports sto￿5 across England, Scotland. Wale5. Northern Ireland and Europe.
12

Docusign Envelope ID: F7FA5981-7E9043Bg-885ME059COOCAFB
THE JD FOUNDATION
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 JANUARY 2025
2. Income from charltable activitles (contlnued)
Totsl
2024
Prlor year:
Unrestricted Designated
Funds
Funds
Donatlons from JD Sports Fashion PIC (UK Entities)
Donatlons from JD Sports Fashion PIC (European Entitles)
1,563,850
201,228
1,765,078
201A71
201,471
Donations from Pennies
557,059
557,059
Donations from Size Campalgn
Donatlons from JD Sports Fashlon PIC staff fundrai51
78,050
78,050
20,584
20,584
1,584.434
1,037,808
2,622,242
3. Trustees and employees
None of the trustees {or any persons connected with them) recelved any rernunernUon or benefits from the charlty
durlng the perlod. The foundation had five employees during the year (2024: four). These employees are employed
by JD Sports Fa5hlon PIC and wage costs are recharged to JD Foundation.
2025
2024
Wage5 and salarfes
245,197
110,498
4. Relatsd partles and related party transacllons
There were no r81ated party transactions durlng the year ended 31 January 2025 (2024: none).
5. Expenditure on Charitable actlvitles
Expendltur8 on charitable a¢tlvities was primarfly charitable donations. DuTlng the year, the trust made 190 donations
(2024.. 86) to the Foundation's nominated charities, in addition to the quarterfy donatlons to the Mountain Rescue
England and Wales and Scottish Mountsin Rescue. Further donalions are analysed by sector.
2025
2024
Donations
Mountaln Rescue
173.761
Youth
1,032,143
453,013
Health
295,398
172,025
Social Services
167,326
13,251
Education
933,016
30,000
Other
75,830
229,344
2,503,713
1,071,394
13

Docuslgn Envelope ID,. F7FA5981-7E9(WBg485ME059COOCAFB
THE JD FOUNDATION
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 JANUAR Y 2025
5. Expenditure on charitable actlvitles (continued)
2025
2024
Support costs
Staff costs (note 3)
Other support costs
245,197
110,498
160,167
89,910
405,364
200,408
Governance costs
Audlt fees
5,000
5,000
Total charltable expendlture
2,914,077
1.276,802
'Otherf donations include donations for memorials and fundraising evenls,
'Other support costs, include costs for bank charges and other miscellaneous costs.
6. Debtors
2025
2024
Prepayments and accrued Income
1.128,257
800,623
Debtors Include Income due to the charlty at tha period erKI.
7. Credltors
2025
2024
Accruals and deferred Income
308,326
B6,289
Credltors include exp8nditure incurred by the charlty but not pad at the period end.
8. Flnanclal Instruments
2025
2024
Carrylng amount of Ilnanclal assets
Measured at amortlsed cost
2,579,725
2,766.156
Carrylng amount of financial Ilabilitles
Measured at amortised cost
308.326
86,289
14

Docusign Envelope10: F7FA5981-7E91M3B9-885&6E059COOCAFB
THE JD FOUNDATION
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 JANUARY2025
9. Movement in funds
Balance
carried
forward
31.01.25
Balan
brought
forward
01.02.24
Movement in fvnds
Current year:
Income
Expendlture
Transfers
Deslgnatsd Funds
Northem Ireland Carrier Bag
Donations (1)
European Carrier Bag Donations (2)
Pennles (3)
39,171
111.001
71,830
393,869
225.757
619,626
798,660
465,628
1,264,288
Size Campalgn (4)
Unrestrlcted Funds
96,963
38,698
(38,698)
96,963
1,318.545
1.736,355
(2,875.379)
179,521
Tolal Funds
2.679.867
2,505,609
(2,914,077)
2,271.399
Unrestricted funds are represented by total net assets.
Designated funds are fijnds whlch the Twstees earmaTk specifjcally for the follt)wing each year.
(1) Northem Ireland Carrier Bag - this money has been ringfenced untll the end of 2024, wlth a vlew to provlding a
number of inltlatives within these tsrritori8s in 2025.
(2) European Carrier Bag - this money has b8en ringfenced untll the 8nd of 2024. with a view to providing a
number of initlatives withln these territories in 2025. These will Indude versions of JDUP, as w811 as localised
grants glven to charltable organlsations that help us to achieve our global misslon.
(3) Pennles - thls money will be dlstributed to charilles across the UK. Each charity wlll b8 nominated by a
colleague within JD Group, and distrfbuted as part of our Grant Givlng programme. In partnership with
Nelghbourly, our corporate purpose platfomi.
(4) Size Campalgn - our Size? fascla has rais8d vltal money to support S8veral Charftles acr065 the UK over the
past 12 months, a campaign that we wish to continue to develop.
Balance
brought
forward
01.02.23
Balance
carrled
forward
31.01.24
Movement In funds
Prlor yaar:
Income
Expenditure
Transfers
Deslgnated Funds
Mountsin Rescue Organisations
Northern Ireland Carrier Bag
Donations (1)
European Carrler Bag Donations {2)
44,363
173.761
(173,761)
(44,363)
44.363
27,467
71,830
192,398
201,471
393,869
Pennles (3)
241,601
557,059
798.660
Size Campaign (4)
87,196
78,050
(68,283)
96.963
Unrestrlcted Funds
768.869
1.584.434
(1,034,758)
1.318.545
Total Funds
1,334.427
2,622,242
(1,276.802)
2,679.867
15

Dooutslgn Envelope ID: F7FA5981-7E9lM3B9-885￿EOs9c00cAFB
THE JD FOUNDATION
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 JANUAR Y 2025
9. Movement In funds (conllnued)
Unrestricted funds are represented by total net assets.
Deslgnated funds are unrestricted funds which the Trustees e￿math sp8clfically for c8rtaln purposes OT
organisations each year.
10. Cash generated from operations
2025
2024
Net (expenditure) l income for the year
Movement In working capltsl".
Decrèase l (increase) In debtors
(D8crease) l increase in creditors
(408,468)
1,345,440
(327,634)
222,037
(282,315)
60.252
Cash (absorbed) I generated from operations
(514065)
1,123.377
11. Analysls of net assets between funds
All funds are unre51rfcted In this year and In the pr8vious year.
12. Analysis of Changes In net funds
The charlty had no debt during the year.
13. Post balance sheet events
On 8 October 2025, It was deaded that the accrued InccKne (not8 6) relating to European canler bag Income of
£619,626 would be reversed in the financial year endlng 31 January 2026. following a reassessment of the charlty's
income recognltion In light of operational and regulatory developmonts after the reporting date, At the year endlng
31 January 2025, the Trustees were nat aware of thls dec￿lon and therefore the accrued incom8 has not been
adjusted 5n these financial statements.
16