ANNUAL REPORT AND FINANCIAL STATEMENTS 28[th] February 2025
Company Registration Number 05700840
Registered Charity Number 1167766
Company Registration Number – 05700840 Registered Charity Number - 1167766
Financial Statements For the year ended 28[th] February 2025
| Contents | |
|---|---|
| Page | |
| Report of the Trustees | 3 – 10 |
| Independent Examiner’s Report | 11 |
| Statement of Financial Activities | 12 |
| Balance Sheet | 13 - 14 |
| Notes to the Financial Statements | 15 - 20 |
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Company Registration Number – 05700840 Registered Charity Number - 1167766
Report of the Trustees For the year ended 28[th] February 2025
The Trustees, who are also Directors of the charity for the purposes of the Companies Act 2006,
th February
- The Trustees have adopted the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities: Statement of Recommended Practice” applicable to charities preparing their accounts in accordance with the Financial Reporting
the report is prepared in accordance with the small company regime (Section 419(2) of the Companies Act 2006).
Reference and Administrative Details
Registered Company Number 05700840 (England & Wales) Registered Charity Number 1167766 Registered Office 32 Pine Road Winton Bournemouth BH9 1NA Website www.stevebernardfoundation.com Trustees A S Bernard M J Ryan C Mathie J D Bernard S Bernard S W Steele N O’Hara S Dunsford M F Love (appointed 7[th] January 2025) N J Love (appointed 7[th] January 2025) Company Secretary S W Steele Independent Examiner G Bernard
Commencement of Activities
The charitable company was set up in memory of the late Steve Bernard, who was tragically killed in a motor accident in November 2005.
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Company Registration Number – 05700840 Registered Charity Number - 1167766
Report of the Trustees (continued) For the year ended 28[th] February 2025
Structure, Governance and Management
Governing Document
The charity is controlled by its governing document, being the Memorandum and Articles of Association for a Charitable Company, and constitutes a limited company, limited by guarantee,
Recruitment and Appointment of New Trustees
The company was registered as a charity on 21 June 2016, with the Registered Charity Number 1167766. The Trustees are also Directors of the company and the only members. All the Trustees
responsible for the appointment and removal of Trustees.
Objectives and Activities
to the following, as set out in the company’s Memorandum and Articles of Association:
“The promotion of community participation in healthy recreation by assisting through the raising and distribution of funds in the provision of facilities for the playing and coaching of sport and which will be in the memory of Steve Bernard.”
When reviewing applications and making decisions on the distribution of grants, the Trustees are mindful of the Charity Commission guidance on public benefit and believe that the Charity has complied with the duty in section 17(5) of the Charities Act 2011.
A safeguarding policy is in place and risk assessments are always carried out where appropriate.
Achievement and Performance
The Trustees meet regularly to consider applications for grants in accordance with the company’s objects and to promote the charity through fund raising events and activities.
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Company Registration Number – 05700840 Registered Charity Number - 1167766
Report of the Trustees (continued) For the year ended 28[th] February 2025
Grants and Donations
Every application made to the charity is carefully considered by the Trustees at their regular
charity’s objects.
During the year, we supported 37 grant applications totalling £34,831 ranging from supporting a skateboard park in Weymouth, helping to buy sports racing wheelchairs in Poole, to sponsoring the University of Chichester Football Freshers Award.
Some pictures of the people and group’s we have supported are below:
Poole Athletics Team – Racing Wheelchairs
University of Chichester – Football Freshers Award
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Company Registration Number – 05700840 Registered Charity Number - 1167766
Report of the Trustees (continued) For the year ended 28[th] February 2025
Fundraising
The Trustees would like to give a massive “thank you” to all of the volunteers and fundraisers who undertook personal challenges and supported events during the year to raise funds for the Charity.
The funds raised in the year were £43,162 and the fundraising activities and events included
Beale Memorial golf day which raised £3,000.
Without all of this support the Charity would not have been able to help and support as many local sporting activities as it has.
Pictures of some of the events, are shown below:
Gary Beale Memorial Golf Day
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Company Registration Number – 05700840 Registered Charity Number - 1167766
Report of the Trustees (continued) For the year ended 28[th] February 2025
Hurn Bridge Quiz Night
Financial Review
During the year ended 28[th] February 2025, the company generated funds amounting in total to £43,162 (2024 - £140,788). This income has been more fully detailed above under the Fundraising heading.
Expenditure for the year was £38,245 (2024 - £58,078) and is more fully detailed in notes 4 and 5.
As explained below in the reserves policy the Trustees have created a Designated Fund which has
At the year end the unrestricted funds, before the designated reserves, totalled £65,493 (2024 - £60,576).
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Company Registration Number – 05700840 Registered Charity Number - 1167766
Report of the Trustees (continued) For the year ended 28[th] February 2025
Reserves Policy
The Trustees have considered the anticipated level of activity for the next 12 months and consider that the capital value of the fund, the income generated by it and anticipated further donations will be adequate to fund the planned expenditure and anticipated grants.
relevant authorities on location and design has taken longer than initially envisaged, however, the
recurring costs will be incurred.
earmarked for this work. This fund will be reviewed on a periodic basis to ensure that the charity has set aside funds for planned project expenditure and maintenance.
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Company Registration Number – 05700840 Registered Charity Number - 1167766
Report of the Trustees (continued) For the year ended 28[th] February 2025
Statement of Trustees’ Responsibilities
The Trustees (who are also Directors of Steve Bernard Foundation for the purposes of company
accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
resources and application of resources, including the income and expenditure of the charitable
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Select suitable accounting policies and then apply them consistently;
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Observe the methods and principles of the Charities SORP;
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Make judgements and estimates that are reasonable and prudent;
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State whether applicable UK Accounting Standards have been followed, subject to any
presume that the company will continue in business.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable
responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Act 2011 to have due regard to guidance published by the Charity Commission in relation to
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RTEVE REPNAPD FOUNDATION Company Registration Number- 05700840 Registered Charity Number- 1167766 Report of the Trustees (contlnued) For the year ended 28th February 2025 Statement as to Disclosure of Informatlon to the Independent Examlner In so far as the Trustees are aware: There 18 no relevant information of which the Independent Examiner is unaware; and The Trusteeshavetaken allsteps they ought to have takento makethemselvesaware of any relevant information andto establishthatthe Independent Examiner isaw8re of that information. Approved by the Trustees on ...a.Ys.- !.Q.:.2o..7t(date) and signed on their behalf SW Steele Company Secretary 10
Company Registration Number – 05700840 Registered Charity Number - 1167766
Independent Examiner’s Report For the year ended 28[th] February 2025
Respective responsibilities of trustees and examiner
The charity’s trustees are responsible for the preparation of the accounts set out on pages 12 to 20. The charity’s trustees consider that an audit is not required this year under section 144 of the Charities Act 2011 and that an independent examination is needed.
It is my responsibility to
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examine the accounts under section 145 of the Charities Act 2011;
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to follow the procedures laid down in the general directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011; and
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to state whether particular matters have come to my attention.
Basis of independent examiner’s statement
My examination was carried out in accordance with general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items of disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a “true and fair” view, and the report is limited to those matters set out in the statement below.
Independent examiner’s statement
In connection with my examination, no matter has come to my attention:
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which gives me reasonable cause to believe that, in any material respect, the requirements:
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to keep accounting records in accordance with section 130 of the Charities Act 2011;
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to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act 2011;
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have not been met; or
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to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Graham Bernard BA (Hons) ACMA
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Company Registration Number – 05700840 Registered Charity Number - 1167766
Statement of Financial Activities (incorporating an income and expenditure account) For the year ended 28[th] February 2025
| 2025 | 2024 | ||
|---|---|---|---|
| Unrestricted | Unrestricted | ||
| Notes | Funds | Funds | |
| £ | £ | ||
| Income and endowments from | |||
| Fundraising events | 2 | 6,327 | 70,270 |
| Other donations and legacies | 2 | 35,055 | 69,718 |
| Investments | 3 | 1,780 | 722 |
| Other income | - | 78 | |
| Total | 43,162 | 140,788 | |
| Expenditure on | |||
| Fundraising events | 4 | 503 | 26,130 |
| Charitable Activities | 5 | 37,742 | 31,945 |
| Total | 38,245 | 58,078 | |
| Net income/(expenditure) for the | |||
| reporting period | 4,917 | 82,710 | |
| Transfer (to)/from Designated Fund | - | (70,000) | |
| Net movement in unrestricted funds | 4,917 | 12,710 | |
| Reconciliation of Funds | |||
| Total unrestricted funds brought | |||
| forward | 60,576 | 47,866 | |
| Total unrestricted funds carried | |||
| forward | 65,493 | 60,576 | |
| Continuing Operations |
All incoming resources and resources expended arise from continuing activities.
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Company Registration Number – 05700840 Registered Charity Number - 1167766
Balance Sheet As at 28[th] February 2025
| Notes | 2025 | 2024 | |
|---|---|---|---|
| £ | £ | ||
| Fixed Assets | 7 | - | - |
| Current Assets | |||
| Debtors | 8 | - | - |
| Cash at bank and in hand | 135,493 | 130,576 | |
| 135,493 | 130,576 | ||
| Current Liabilities | |||
| Creditors: amounts falling due within | |||
| one year | 9 | - | - |
| Net Current Assets | 135,493 | 130,576 | |
| Total Assets Less Current Liabilities | 135,493 | 130,576 | |
| Net Assets | |||
| Funds | 11 | ||
| Restricted Funds | - | - | |
| Designated Funds | 70,000 | 70,000 | |
| Unrestricted Funds | 65,493 | 60,576 | |
| Total Funds | 135,493 | 130,576 |
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TEVE REPNApn FOUNDATION Company Registration Number- 05700840 Registered Charity Number- 1167766 Balance Sheet (contlnued) As at 28th February2025 The Trustees confirm that during the year the company was entitled to exemptions from audit under section 477 of the Companies Act 2006 and no notice has been deposited with the company requesting an audit under section 476 of the Companies Act 2006. The Trustees acknowledge their responsibilityfor: ensuring that the comp8ny keeps accounting records which comply with section 386 the Companies Act 2006; and preparingfinancialstatementswhichgive atrue and fairviewofthe state of aff airsofthe companyas at theend ofthe financialyear andof itsprofitor loss for thefinancialyearin accordancewith the requirementsof section393, and whlchotherwise complywiththe requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. Thesefinancialstatements have been prepared inaccordance withthe special provisionsof Part 15 of the Companies Act 2006 relating to small charitable companies. The financial statements were approved by the Board of Trustees on .2.F.: ! o . IK)S.(d8te) and were signed on its behalf by: A S Bernard Trustee 14
Company Registration Number – 05700840 Registered Charity Number - 1167766
For the year ended 28[th] February 2025
1 Accounting Policies
a.
Recommended Practice: Accounting and Reporting by Charities, preparing their accounts in accordance with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) issued on 16 July 2014, the Financial Reporting Standard applicable in the United Kingdon and Republic of Ireland (FRS 102) and with the Charities Act 2011.
company limited by guarantee, registered in England and Wales. The charitable
Reference and Administrative Details in the Report of the Trustees.
The disclosure requirements on Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
nearest £1.
accounting policies adopted are set out below.
b. Incoming resources
All incoming resources are included in the Statement of Financial Activities when the
reasonable accuracy.
c. Resources expended
headings that aggregate all costs related to that category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of resources.
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Company Registration Number – 05700840 Registered Charity Number - 1167766
For the year ended 28[th] February 2025
d. Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives of the trustees.
Restricted funds can only be used for particular restricted purposes within the
are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to
e.
f. Financial assets
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of
when the company becomes party to the contractual provisions of the instrument.
balances are initially measured at transaction price including transaction costs and
measured at the present value of the future receipts discounted at a market rate of interest.
g. Financial liabilities
measured at transaction price and subsequently measured at amortised cost, unless
measured at the present value of future payments discounted at a market rate of interest.
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Company Registration Number – 05700840 Registered Charity Number - 1167766
For the year ended 28[th] February 2025
2 Donations and Legacies
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| Funds | Funds | 2025 | 2024 | ||
| £ | £ | £ | £ | ||
| Fund Raising Events | |||||
| Sponsorship, | |||||
| Donations, | raffles and | ||||
| auctions | 6,327 | - | 6,327 | 70,270 | |
| 6,327 | - | 6,327 | 70,270 | ||
| Other Donations | 32,641 | - | 32,641 | 66,635 | |
| Gift Aid | 2,414 | - | 2,414 | 3,083 | |
| 41,382 | - | 41,382 | 139,988 |
3 Investments
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Bank Interest | 1,780 | 722 |
| 1,780 | 722 |
4 Expenditure on raising funds
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| Funds | Funds | 2025 | 2024 | ||
| £ | £ | £ | £ | ||
| Other | fund-raising | ||||
| events | 503 | - | 503 | 26,130 | |
| 503 | 503 - |
503 | 26,130 |
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Company Registration Number – 05700840 Registered Charity Number - 1167766
For the year ended 28[th] February 2025
5 Charitable Activities
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Grants and donations | 34,831 | 28,330 |
| Directors’ remuneration | - | - |
| Printing, postage and stationery | 541 | 450 |
| Internet and website fees | 467 | 443 |
| Computer sundries | 353 | - |
| Promotional Merchandise | - | - |
| Public liability insurance | 433 | 433 |
| Depreciation of fixed assets | - | - |
| Miscellaneous expenses | 1,117 | 2,292 |
| 37,742 | 31,948 |
All the above expenditure relates to unrestricted funds.
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2025, nor for the year ended 29 February 2024.
No travelling expenses were paid to Trustees for the year ended 28 February 2025, nor for the year ended 29 February 2024.
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Company Registration Number – 05700840 Registered Charity Number - 1167766
For the year ended 28[th] February 2025
7 Fixed Assets
| 7 | Fixed Assets | ||||
|---|---|---|---|---|---|
| Fixture and | Office | Total | |||
| Fittings | Equipment | ||||
| £ | £ | £ | |||
| Cost | |||||
| At 1 March 2024 | 836 | 2,477 | 3,313 | ||
| Additions | - | - | - | ||
| Disposals | - | - | - | ||
| At 28 February 2025 | 836 | 2,477 | 3,313 | ||
| Depreciation | |||||
| At 1 March 2024 | 836 | 2,477 | 3,313 | ||
| Charge for the year | - | - | - | ||
| On disposal | - | - | - | ||
| At 28 February 2025 | 836 | 2,477 | 3,313 | ||
| Net Book Value | |||||
| At 28 February 2025 | - | - | - | ||
| At 29 February 2024 | - | - | - | ||
| 8 | Debtors | ||||
| 2025 | 2025 | 2024 | |||
| £ | £ | ||||
| Prepayments | - | - | |||
| Other Debtors | - | - | |||
| - | - |
All debtors are due within one year.
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Company Registration Number – 05700840 Registered Charity Number - 1167766
For the year ended 28[th] February 2025
9 Current Liabilities: Amounts due within one year
| Current Liabilities: Amounts due within one year |
||||
|---|---|---|---|---|
| 2025 | 2025 | 2024 | 2024 | |
| £ | £ | |||
| Accrued expenses | - | - | ||
| Other Creditors | - | - | ||
| - | - |
10 Company Limited by guarantee
The company is limited by guarantee and does not have share capital. Each of the members of the company agrees, in the event of the company being wound up, to
11 Movement in Funds
| Brought | Net | Carried | |
|---|---|---|---|
| forward | movement | forward | |
| in funds | |||
| £ | £ | £ | |
| Restricted Funds | - | - | - |
| Designated Funds | 70,000 | 70,000 | |
| Unrestricted Funds | 60,576 | 4,917 | 65,493 |
| 130,576 | 4,917 | 135,493 |
Analysis of Designated Funds
| Analysis of Designated Funds | ||
|---|---|---|
| 2025 | 2024 | |
| £ | £ | |
| Fitness Park | 45,000 | 45,000 |
| Maintenance of Fitness Parks | 25,000 | 25,000 |
| 70,000 | 70,000 |
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