COMPANY REGIsTTION NUMBER.. IOCi19918 CNARITYftE6TPATI0N NUMBER.. 1168093 Brltlsh Bllnd Sport Company Llmlted by Guarantee Unaudlted Flnanclal Statements 31 March 2024 Solutlon$ 4Twx Ltd 8 Goodi¢r• Close Alfreton Oerbyshlr• DE55 7qX
bRinsM OLINDSPORT Company UMed by Guarante• CONTENTS OF THE FII4ANcIALATEME1ITs For theyeareNded 31 M8r¢h 2024 Page Reportof theTrustees 3toB Independent txamlnErfs Report 9tol0 Statementof Flnanclal Actlvltle5 li Bal#nceSheet 12 Notes to the Finoncial Statement5 13to20 ThefollowlnB pa8es do notform part of th? ftnandal rtatements Oetsiied Statement of Flnantlal ACtltIeS 21to23
8Rm5H BLII4D SPORT Comp•ny Uffllted by Guarantee TYusteerfAnnu*l Reptsrt IincorporatlnBthe Dlrectorfs Report) For the yearended 31 March 2024 REFERENCE AND ADMINlSniAnVE DAll$ etered Charlty Mme Reslstered Charlty number: Compary Reglstratlon number Prfn¢lp•l 4)ffl¢e 4r re815tere Br5tlsh Bllnd Sport 1168093 10009918 19 Coventry Road Cubbln8ton Leamlngton Spa W3rwick5hire CV32 7JN TRUSTEES Chalrper50n Vlce Chairman Flnance Dlrector Olher rnembEf5 5 BarkerMBE D Ga¥rfloYlc A Davles L Myer S Falr¢lou8h J Carltonlonwèy M Pounder-appolnted 24 April 2023 L Assloun- appolnted 24 Aprfl 2023 R Moon- appointed 24th Aprll 2023 B Moorhead- resi8ned 4th ortober2023 Officers Chief Exerutfve and Companysecretary Flnante Offiter Governance Officer A MaeGre8or CDIX S Baker Solutlons l Tax Ltd 8 Goodacre Clos¢ Alfreton Derbyshlre DE55 70J B8nker5 HSBC 126The Parade Leamlngton Spa CV32 4A1
8RITISH BLINO SPORT omp•ny Umltod byGuannt Trus¢o•s' Report Ilncorporatlnithe Olrtttovs R¢portl Iwntlnu•dl For they•ar ended 31 March 2024 STRVCTURE, GOVEflNANCE AND MANAGEMENT Governlr)8 document The ¢harlty Is controlled by11$ 8ovrnlnH thJcumenl 8 deod of trust, and constkut•s • Comp•rv Ilmlted by 8u•rantee. The amount of the 8uarantee Is El.W perguarantor. The ¢liarlty Is constltuted by a 1975 Tlust Deed and re8lst•red wlth the Charlty Cornmlsjloners und¢1 tharfty number 1168093. Ilt¢rultm•nt r appolntm•ntof n•w INSI$ The Board ofTrusteos shall con$l$t ol upto li mlmbers Sn¢ludln8 a Chalrpersofi, Senlor Indopendent D5rector and FlThance Dlrector. At least one of the B85 board must be reprewntatlye of thc Vl Sport Q)rnmunlty e,g. a playef, a coach. 4 volunteer or an offl¢l•l. Th• board must, from thelr number, Oppolnt a Saleiulrdlng Ichlld and Vulnerabl¢ Adults) Lead. The Bo•rd olTrustees are elected atthe Afjm. They miy s•N• onth• 8Nrd for• number ol ¢ons¢(rtlvt tirmi, ei¢h term belni no moreth•n four years In length, up to a maxlrnum of nlne years contlnuous serwlce. W+th the exceptlons In the event a dlrector Is.. svb5equently èppolnted •J the Chalr followln8 4 perled of seNlce as a dlrectoron the Board. That dlr¢tor maycontlnue to serve on the 8o¥rd forthe perlod Of such appolntment, sublt¢t to è maxlmum term of twelve year5 on lh• 1rd Inclu$5ve ol thelr term prlorto such appolntment. Irmlurtlon •nd trllnlnq ¢1 n•wtrpJJts•i New members are Inlllally brlefed bythe Chalrperson and Chl•l Execuilve and provlded wlth a copy ofthe¢h•rlty ¢onstltutlon. $tr•te6y document and In Inductloth proiramrne. Thty are a150 rnade wart Of the ¢urrertt fln•n¢l•l posltFon as pub115hed Inth• latest •¢¢ounts, t¢i•th•rwlth d•tsii$ef future eble¢tlve5 and plans. The CharltyComm15slon bookleton the'The Es5•ntlilTw$tW1s provided on 4ppolntment and Ill Comm1$51on new51etter5 are clr£ulot¢d to Trustees. All Trustees gre requlred to ¢ompleie the Charty Comm1551on Trustee Ell8lblllty Form together wlth a Flt ènd Proper Person détl•ratlon ind •r•1s5uqd wlth * writt•n st*¢mÈnt of r•sponslblllll¢s. Rlskm•n•ymint Trustees have a dutyto Identlfy and revlewthe rlsks to whlch the charlty Is exposed ènd to ensu pproprlate coTrtrols are In to provlde reasonable assurance a8aln5tfraud and error. A rlsk re8lster1s updated tsn a re8ular ba515whlch the Trustees examlne at every board meetlng Iquarterlyl. Any Immedlate rlsk Is taken to the Audit, Rlsk Inttrnal Control ¢ommlttee, whlch Is chilred by the Finonce Director, Is o matter of urgenLy. Rlsk Is also taken Into account bythe board when preparln8 and updatlng tht strateglc p18n. The charlty has developed robust systems to monltor and control these rlsks to mltlgate any Impa¢t that they may have on the charlty In the fvture.
BRITISH BUND SPORT Company Umlted by Guarantee Tru5t••s' Annu•l Report IlncorporatlnB the Dlrectorfs fteportl Icontlrw1411 Foithe yearended 31 March 2024 STRLicllJRI GOVERNANACE ANO MANAGEMENT Internal contro15 The Board of Trustees meets a mlnlmum of four tlmes perannum. The Trustee5 rri8intsln a strlnBent pollcyon flnanclal control and are satlsfled that thelr me35ures a 3d¢quote. The Flnance Dlrector malntaln50verall control of flnances Bnd15 respon51b1e for ensurln8 best prartlce and the le8lrnacy of 411 flnanclal tr3nsactlons. Quarterly reports relatln8 to Income and expendlture, c05hllow. budget and seNe5 are provhled to the Board. Board members can be provlded wlth Interlrn reports upon request. The quarter rports are analysed by the Flnance Olrettor who reports hls an81ysls and cemments tothe Trustee$. All payments and 8Uthorltlesto make or enter Into ffnanclal tr4N$8¢tlons, In¢ludln8 the Issue of cheques lexcepr forthose below £ll)rxii are malntalned under dual wntrol •nOlorcontrolled bankln8 Systems. These contro15 are revlewèd on a quarterly basls. OBJECTIVES AND AcnviTrES Oblertlves. Artlvltles and Alm5 The objectlves of the charity areto provlde or aulst In ¢reatln8 new. or supportlng exlstlng epportunltles. In the InteTe5ts of Increased soclal welfarefor sport, recreatlon and le15ure tlme ¢fupatlon for bllnd and partlally sl8hted people, with the oblert of impr¢TrAn8 the condltlonsof lrfe forsuch people. The maln actlvltles for the charlty each year Include.. Afocus on dellverln6 a comprehenslve 5POrts and events proBramme dirÈttty concentratln8 on the needs and aspiraOn5 of the orB4nisatlon'5 bllnd or portiilty $18hted membersh5p and the wldersl8ht loss communlty. An educatlenal proEramme to upsklll the knowledge of the sporting sectorworkforce ¥5 to the needs of bllnd or partlally 518hted athletes and how to ensure that quality SPOrtln8 experIen$ are Increased 8nd rnade more accesslble to meet thelr need5. Towork w4th natlonal governlng bodles of sport to Influence and help shape thelr preÉfammes to Int8$0 accesslble opportunltles for bllrid or partlally s18htÈd people t¢ partSclpate In sportof thelr cholce. To create eady Inventlon sport and reatIonal opportunltles for children and young people wbth slght loss and thelr famlll¢s. To su5taln a well-developed recreational sl8ht classmcotlon pro8Trmmewhlch adheres to the Internatlonal Bllnd Sport Federatlons and Internatlonal Paratymplc Commlttee Classlficatlon 8uldellnes. Grant maklng Thi5 body 1$ not norrnllty a grant makln8or8anlsatlon 8khough It supports and admlnlstersthe dlstrlbution of Sport En8land fund5tc Clubs and or8anl54tions that offersportlng opportunitles for bllnd and partlally51ghted peoplethrough thelr rtlevant fundlng programrnes ei. T¢8ether Fund 12021-20231 when avalloble.
BAlnSII 8UND SPORT Company ilmlted by Gyir•nt•• Truste, Annual Report Iincorporatln8the Dlredorfs Report) Icohtlnuedl Forthe ytar ended 31 March 2024 OBJEcfivES AND ACnVITrES Volvntefrr$ Br5tlsh 8llnd Sport depends he8¥11yon a network ef volunteers acrossthe UK. Wlthln the charlry there ore spurts sertlons, each h•vlnB a commlttee olvoluntoqr5. These vclunteers, vnder the 8uld3nce of the charlty. ore re5pon51ble for holdln8 Sports H¢tlvlt195 whlch Gin Include tr•lnlnB and development worl ¢oachln8 and organlsln& sta8ln8 and èdmlnlst¢rlnB $portln8 ¢v¢nts. In •ddltlon. the charlty utlllse5 the sk1115 and seNlces of volunteer5 loul to venues th•t host lh¢ or8ènls•tlon's 'Have a Go, day pro8ramme across the UK. Head offlce benellt5 from a team ¢f volunte•rs who brlng wlth them IT 5k1115, •dmln1s¢r•¢i skllls •nd m4rketln8 skllls, worklng tynderthe dlrectlon ol the Membershlp Officer. In ord•r for•urm•mbers to wmpete falrtY+ w¢ offer a r•cr•itlon•l $18htt14sslfltI0n, whlch Is based on the18SA approved standard. Th5$vlI work li undertaken by quallfled gphthalmolo8lsts •nd optometrfsts In a voluntary capaclty. ACHIEVEMÉNT ANO PERFQRMANCE Ch•rlt•ble •rtl¥lll•s Wt provlde a ¢ompfehenslve pro8r4mme olsport Ind physlcal actfvKy¢pportunlts almed bt supportlni bllnd and partlally sl8ht*d •dults Ind ¢hlldren auosj the UK. Inv•stm•nt Pollty•nd vbl•¢tfv•s TheTrustoes' Investment powers ère 8o¥erned by the Trust Deed, whlch p¢rmks the chBrltWsfunds to be Invested In, or on Such Investment, xurltles orpropertv a5 mty k ihought flL The charlty contlnu¢5 to be ¢ommltted to Its oble¢tlves and hopes to achleve these from i•n•ritln8 fundlni from the followln8 SOUrtq5: Trusts •nd F¢und•¢ions, Sport Engtgnd, donors, spon50rshlp, othercharlt•ble orBanlsatlonsind thegeneral publle. EQUAufi. DIVERSITY AND INCLUSION The charlty15 committed te promotln8 Equalltyl Dlverslty and Incluslon. Th• 8o•rd of Trusr¢•s h•$ establl$hed In EDI Sub-commlttee to monltor and develop the EDI performance of the charlty. The 8oard olTruste•s h•$ re¢entW approvedthe charty'5 Equallty, Dlverslty and Incluslon Pollcy. Th15 document sets out the ¢hbrlty's stènee on, and commltmentto, lh• prom¢iion olEDI.Th• document then goes on to setoutthe EDI responslbllltle5 01 the CEOand Senlor Team, the Board of Triistee5 and thè rharlty's staff In relatlonto EDI, The EDI Siib-Comrnlttee15 a150 In the process of ftnallslng the charlty's DlversltyActlon Plan. Th5sdocument set5 Qut the EDI oblortlves olthe charlty nd prop05gd 4rtlons whlch wlll be tsken In orderto achlevethose alms. The EDI Sub-Commle Is currently conslderln8the most approprlate methodolo8y ro monltor the progress of reachlngthe oblectlves, and tts pro$$for reportlnB to the BL)ard ofTrusiee$on the EDI obl¢¢tl¥e$.
DRITISH OLIND SPORT Compiny Umlted byGuèrnntee Trystsos, Annual Report Ilncorporatln8 the Dlrectorfs Report) I¢omiinuedl Forth•year•nded 31 Marth 2024 The charlty ha5 undertakÈrt an EDI survey of Its 808rd of Tru5tee5 MÈmbershlp and Sports Group leadershlp. and15 In the process of analy51n8the results ln order to Identlfy arÈas of Improvement lor future recrultment. The charfty ha5 Ilw recently dlstrlbuted an EDI suNey to rts rnembershlp. Once the results of thls survey have been ¥ecelved, the charlty and ÉDI Sub-commlttee w111 cOndt further an3515 In order to develop 3 Strategyfor reachlnB a more dlverse rnember5hlp and Improvln8 the experlences of Its member5hlp fram a dlverslty perspe¢tfvewhen engIngwIth the charftywhere requlred. FINANCIAL REVIEW FLITURE DEVELOPMENTS The charlty wlll contlnue to provlde a comprehensfve sport and physlcal attlvlty programme throu8heut ferthcoming years subject to 5atlsfattory fundrai5in8a¢hie¥ements and/orsponsor5hlp. The Balanco Shootshows the assets and Ilabiif(les attrlbutable tothe restrlcted aAd UntrICted funds and Note 13 to the tlnanclal statemenys summarles the yearfs movements on each tund. The general reserve15£276.69012023 £46,599). The PD11cy on ieseNes rem21ns unchanged and ha5 been approved bythe CharltyComm15slon. The ilm Isto build upthe reseryes to the extent that theywlll provide cover for one full yearfs runnlng costs. Thetotal reserve Is £335,137 of whlch £5B,447 Is restrlcted. The restrfcted elern2nt of resetves covers the charivs salèrfes. chèrlty runnln8COStS and dedltated prolects. It15 e55entlal that Brklsh Bllnd Sport planswell In athance to ensure thatlt ¢an meet its commltments forthe yearahead as well as underpln the values of a good employer and bÈ able to reassure staff and volunteers that the chorlty ha$ 5ufficlent furtherfundlngte elther revlew Its objecte$ orwlnd down the orEan15aon overa 12-month perlod, should no future fundln8 be CHANGE OF FINANCIAL REPORnNG The charity In accordoncewith currenr le8lslatlon hastr3nsltloned from previous UKGAAP reportlnB to FRS 102 35 Ot I" Aprll 2015 In conlunctbn wlth the Charltles 50RP IFRS 1021 ènd the Charltles kt 2011. Notransltlonal adlu5tments were requlred Inthe retalned funds or inc¢me ¢rexpendlture for the year. PUBUC BENEFIT We have referred to the Charlty Comm155ion'5gener3lguldance on publlc beneflt when revlewlng ouralms and oblettives and in plannlng ourfutUTr 3cbvitle5. Brltl$h Bllnd Sport45m5 to ensure that5POrtand phy5kal attlvlty opportunltles areattesslbleto every blind or partlally slEhted person In the Ul wlth the Intentlon of Imprevlng thelr personal health, well-beln8 and self-esteern. Adu1t5 ond children ore encouraged to partldpate In 5PQrtIn8artfvleS atwhatever IeltheY choose, from Erassroots to Internatlonal competltlve level.
8RmsH BLIND SPORT Comparby Umlted byGuarant•• YnbSt••5'AnMal Reportlln¢orporatlni the Dlr•rtoei Report) Itonttnuedl Fortho y•arended 31 Mah 2024 Bllnd and partlally sl8hied people who entereompÈiitlons need è slEht¢lasslficat4on to ensureth•t partldpants playon a falr and equa1 b3515. Brltlsh Blind Sport proylde recrèatk>nal/domestlc classlfitlOThs and Ila15e wlth the re1e¥ant natloTral 8o¥ernln8 bodie5 of sport and Brftlsh Paratympk Assoclatlon to supportthe Intematlonal competltlon classiftcatlon syMem. SWILLCOMPAIIY PROVISIONS Thls report has been prepared In accordantewith the provlthns aPp1k•b to companlesentltlÈd to the sm•lltomp•t)les exemptlon. The tnjrtees. annual reptrrtw•s approved on.. of trutteesldlrector5 by.. nd 51gned on behallof the bo•rd IBE." Cholrpef50n-Trustee
INDEPENDE14T EXAMINEWS REPORTTO THE TRUSTEES OF BRITISH BLIND SPORT I report on the a¢counts fortheyearended 31 Mèrch 2024 as set outon pa8e5 ten toseventeen. for charfty number 1168093. A•5PQCtIv• rnsponslblllt1•5 of tru5t••54nd •x•mlner The charltystrustees ar• responslblt ltyrthe prepar•tlon ofth• accour*ts In Jccordonce wkhthe Ch•rltles Act 20111.the A¢t'l. The charlty5 trusteqs censlder than èn •iJdlt 1$ not requlred forthl$y•ir (under S•ctbn 144 of the Act and that an Independent ex•mlh•tlon Is ¥¢qulred. The CharlV$ gross Income exceedtd É250,lJfyJ ind l am qualified io undertake the examination by beln8 • gu•lilied memkr of th• A550¢1atlon alchortered CertSfled A¢¢?unt•nts. It Is my responslbllltyto.. Emmlne the iccounts under5ettlon 145 of the Charltles Att. ol the Act. 4nd To ststewh•th•r partl¢ular matters have come to myitt•ntknn, B•sli ol th• Ind•p•nd•Trt•ximln•rfi r•port My em]n•t1¢n w•$ ¢aTrled otst In accordance wlth the General Dlre¢tkn$ 8lven by the Char Comml551¢rt. An exomlnotlon Include5 a revlew of the accountln8 r•cords kept by th• Eharlty and £ompadson of th• a¢¢ounts prns•nted wlth thow records. 1¢ •lso Includes censlder•iion ¢1 iny UnU5ua1 Items or d5K105ure$ In the i¢¢ounts •nd seekln8explanaiigns from the trust•es canrnIn6 nysuch matters. The procedvres undertaken do not provlde all the evldence thèt would be requlrqd In In iudlt, and consequently noeplnlon15 ilven as to whether th• iccounts pfftsent 'true and f•lr¥W and the report Is15mlted to those matters set out Inthe stètements below. Imd¢p¢nd•nl •x•mln•rfs st•t•m•nt In connectlon wlth my examlngtlon, no materlal matters have cometo my attentlonwhlch Bfves me cluse to belleve that In, any rnoter5o1 resp¢rt'. The •ccountln8 record5 were not kept In g¢¢ordan¢e wlth sertlon 130 of th¢A. or The a££ounts dld not accord wlth the accountln8 records.. or Th• accounts did nor complywiththq ipplicable requirements concernin8the forrn and conteni of accounts ser out In the Charltles (Acuunts and Report51 Regulatlons 2008 otherthan any requlrement ihatthe 4ttounts glve a'true and fall vlewwhlch Is not matterconsldered 45 Part of an Independent èxamlnatlon.
114DEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF BRITISH BUND SPORT- CONTINUED I have no concerns and haye wme across no other matters In connethon wlththe exominatlon to whlch attention should be drawn th15 report In order to enable a proper understsndiN¥ of the a¢¢ounts to be reached. 518ned.. 25 2021r Name.. Sorah Stlrlar Quallflcatlon: FCCA Addre55'. Solutlon54Tax Ltd 8Goodacre Ch75¢ Alfreton Oerbyshlre DE55 70> io
BRITISH BLIND SPORT Company LlmRed by Guarnnte• STATEMENT OF FINANOALAcrivrFES loithe y•ar•nl¢d 31 M•rch 2024 1024 Totsl Funds 2023 Totsl Funds Unrestrfrted Funds Re5trfcted Fvnd5 Notes INCOMING RESOURCES In¢omlnz re¥oumslromB•n•r•t•d funds: Voluntary Income Artlvltles for8ener•tln¥ funds Investmont In¢ome In¢omlni r•sOllrtes from chirlt•bl••rthltles: Sportln8 events tor the Bllnd 124026 3,495 540 475J96 61Tr)J22 3495 985,C94 7,827 329 To¢•1 In[nIf•urc1s 128 61 495,899 1011,170 RESOURCES EXPEt4DEO Colts o18•nritlfi8 fun tosts of generatln8 Yolunt4ry Incom• Ch•rlt•bl• a¢tlv4tl•s Sportlng ovents for the Bllnd GOrnin¢• coms Ex¢•ptlon•l Itern 6,687 7,731 14,418 6,843 219.672 1,339 298,313 517,985 1.319 948.395 IA56 TOTAL RE50VRCE5 EXPENDEO 533 742 N•t lfi¢0ml1(1xpQnd1tUfe> r•sourt• b•lorot•x -98,837 189,855 91018 52,476 Tax payiblo N•t In¢om•/l•xp•#dltur•l r•so¥r¢• •ftirt .9B,837 189.855 91,018 AECONauAMON OF FUND5 rot•l lund$ brou6ht forward 46599 197.510 244.119 191,643 Trlnsfer bttwe•n fund$ 326,928 -328.918 TOTAL FVNOS fARRIED FORWARD 27fj.690 58,447 335,137 244,119 The statement of flnanclal actlvltles Includes all 8aln5 and losses reco8nlsed In the year. All Income and expendlture derlve from contlnuln8 actlvitles. li
BRrnSH BIIND SPORT CompanyUmlt•d byGu•r BAiANCESHEEr forth•)Y•rtnded 31 Mafch 2024 Unrestrf¢t•d R•sMrt•d nds nds 2023 FixeD ASSETS Tan8lble assets li 5J95 5395 cURRElA$s£[s tash at bank Qthfrrdebtors 276A25 177.369 453.794 3,311 410,177 I52 412.1)29 180,539 CAEDrroAS: anwnts falllryd Wlthlr+onÈyer 12 4.441 -118.922 .IZ7J61 -173,7C NErcURRA55Ers -8.441 -118.922 .127J61 -173.7tK) TOrALAET$ LESS CURREWT uA8mE$ 276,69) S8.447 335.ia7 244,119 NEfASSErs 276,69) 58,447 335.137 Z44,119 FUNDS UTrrestrkted funds Restr(tted lunds 13 I76.61 46599 197.520 TOTAL FUND5 355,137 244.119 The companywasenttued to exemptlon from audlt unders477 of the Qjmpanles Act 2W6 rel&tlll8 to smallcrtrnpani The members have not requlred the ttjmpanyto obtsiTran audit IraCcOrdan wRh sectlon476 ofthe Companles Att 2ri)6. The dlrectors ècknowled8e theIrsnSIbIlItIeSf0r complylnE wlth the requlrements of the Companles Attwlth respect to3ccovntln8 re(x)rds ond the prepardtKn of zcrounts. These accounts have been prepad in accordantewlth the provisionsapplkable to small (yJmpanie55ubjert tothe small ¢ompaniES re8lme and In accordance with FRS102 SORP. ThE5efftnanclal ststementswereapproved bythe board of trustees and 0h0Sed for Issue on.- -2o¥&....and are st8t)ed onbehalfof the tr)ard by. S Barker MBE {tha1e1-TTuSteej 12
8RmSH BLIND SPORT Company ilmlted byGuarante• NOTtSTOTHE FINANCIAL STATEMENTS For th• y•*r•nd•d 31 TCh 2024 I. GENEIIALINFORMATION The thirlty 1$ a prlvate company Ilmlted by8ugrante•. r•6lsi•r¢d In England Ind Wales and I re8lstered charlty In England and Wales. The address of the reglsteied office IS 19 Coveniry Road, Cubb1n8ton. LeaMIOn Spa, WarICkShIfe, CV32 7JN, En6land. 2. STATEMENTOF COMPUANCE These flnanclal statements have been prepir•d In ¢¢mpllin¢• wlth FRS 102, Yhe Flnanclal Reportlng St4ndJrd •ppllc•ble In the UK ind the Republlc ol Ireland. the statement ol Recommended Pra¢tl¢e appll¢able io charltles preparlni thelr accounts In accordance wtth the Flnanclal Reportln8 5tsndard appllcable In the UK 4nd Republlc oi Ireland IFRS 1021 ICharltle$ SORP IFRS 10211 and ihe Charltle5 Art 2011. 3. ACCOUNTING POLICIE5 B•sli of •tcountlni These •c¢ounis haw been prepared undor the hlstorl¢•l cosi hsls, wlth It•mi r•coinlsqd It cost or transactlon valu• un1•ss oth•rwls• stated sn the relev•ni notes to these •ccount5. fjolni ¢onc•rn There are no mgterlal uncertèlntles about the charltls iblllty ¢0 ¢ontlnue. DSKlosur• •x•mptknis The •ntlty satlsfles lh¢ ¢rlt•rl• of b¢lnq a quallfyln8 entlty as dellThed In FR5102 and tjken advanta8e of the reduced dlsclosure exemptlons under parn8riph 1.12 of FRSIO2.. (•) No Ush fl¢w statement has been produced forthe Charlty. Ibl Dlsctosures In rtspe¢tof Flnènclal Instruments hgve not btèn wesented. In(omln¢f•soyr¢ All Incomlns rèsources are Included In th¢ staiement of flnan¢lal artbvStlts when the charlty Is leBally entltledto the Income ind the amount ¢8n be qu8ntlfted wlth re450nable •ccurncy. The followln8 SPEclfic pollcle5 I applled to partl¢ul•rte8Qres ¢llncome'. Voluntsry Income Is re¢eTved bywayof grants, don8tlons and 81fts and Is Includod full the imount C8n be quantlfted wlth reasonable a£curaty. Donated servlces and facllltles are Included at the value to the charlty where thls can be quantlfied. The value o15ervlces provlded byvolunteers has not been Included In these accounts, Investment Income Is Included when rece1Vèe. 13
BRIsH BUND SPORT Cornpany Umlted byGut•ntet 140TESTO THE FINANCIALSTATEMETrifsicortthy•dJ For the year ended 31 Marth 2014 ACCOUNTING POUCIE5 Icontlnuodl Incomlng reSQUTCeS Incomlng res¢ur¢e$ from v¢ntsand rn•lor a¢tlTrAtles are icwuntedforwhen eamed. In¢omlna resources from 8rants. where relatedto performance arsd speClflcdeler•bIes. are acwuntod for a5the charltyearns the rlght to conslderatlon by ks performano. Resoue5 expended Expendlture Is accounted for on an accru315 b?$15 and has been ¢las$lfled under headln8s that a888•te all c05t related to the tegOry. Where costs unriot be dlre¢tlyattrlbutedto portlcula¥ headlnBs they have been allocated to actlvitles on a basls conslstentwlth the use of resources e.8. floorare15* percaplta or estlmated usage. Costsof goneratln8fund5 compri5C th¢ ¢osts assoclated wlth attrèctipg voluntsry ome ond the Costs of sts8lnB event5 and sportln8 actlvftle5. Charltsble expendlture comprlses those costs In¢urred by the ¢harlty In the dellvery of its actfvltles and seTvl¢es for Its beneflclarles. It includes knth Msts ihat can be allrx3ted dlreatyto such •ctlvltles and thosec05ts of an Indlrert nature necessaryto support them. GDvernanre costs irKlude those costs aS50clated wlth Meeting the constltutlonal and ttatirtory requirernents ofthe charltyand Include the Independent examlnerf5 fee5and costs Ilnked to the strate8lc mana8ement of the £hority. Tanglblefftxed issets Depreclatlon Is prevlded at the folhiwln8 annual r3te5 In orderto wrlte off each asset over itsestimated useful life. Flxtures and flthn8S ornputerequlpment -20%¢N ¢ost -33% on cost Flxtures, flttings and computer equlpment costing m¢ie than £5QO Is capltallsed and carrled in Lhe b¥loriLY slieeL ¥bL 1iisiori w>L T•xatlon The charftybs exempt from tox on it5char5table actlvltles. 14
8RITISH BLIND SPORT Company Umlted by Guarant NOTESTOTHE FINANCIAL STATEMENTSlwtlM•dl Forthe ye4rended 31 M•rch 2024 ACCOUNTING POLICIES IcoThtlnuedl Fund •¢wyntln8 Unre5trlcted funds ¢•n be used In accordancewlth ihe charltable oblectlv¢s atthe dlscrttlon of the trustees. Deslgnated funds are unrestrlcted fundsearmarked bythe Trustees for partl¢ul•rpurptsses. Restrlrted fvnds can only be used for partlcular restrlrted purposes withln the oblertsof the tharlty. Restrlctlan5 arfsewhen swlfled by the donor or when funds are rèised for rtlc¢Jl•r restrfcted purpJses. Transfers beeen re5trlrted and unrestrfrted fvnds arlse where there Isan aBreed allocatktn of overhead wsts. Penslon costs and other p05t.Tetlremont benefft5 The charity operates a defined ¢ontributlon pension stheme. The assets ofthe scherne are held separately from th05eef the charlty. Contributlens payable to the charlvs penslon scheme are ehar8ed to the Stttementol Flnanual Act5vltie5 In the perlod to whlch they relate. 4. VOWNTARY INCOME 2024 2023 Donatlons Subscrlptlons Sport En8land Grant RNIB Grant 178,017 5,446 259,221 157,638 6,322 385,634 7,332 549,S59 42,569 985,094 5. AcllviTIES FOR GENEIIATING.FUNDS 2024 2023 FuTrdralslng eveTrts 3.495 3,495 7,827 7.827 6. INVESTMENT INCOME 2024 2023 Interest recelved 540 329 15
RMSH BLINDSPORT C0mp•rry LSrnlt•d byGuarant•• NOTESTO THE FINAP4CIALSTATEMeNTS leoniiwldl For thèy••r •fided 11 M•r¢h 2024 7. INCOMING RESOURCES FROM CHARITABLE AcfiviTIES 2024 2023 Actlvlty Sportlng events for the bllnd Event Incomo 20,403 17,920 8. CHARITABLE AcfiviTIES COSTS Dlr•rt costs Tots15 Sportlng events for the 8llnd S17,985 517,985 9. TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneratlon or other benefits for the year ended 31 March 2024. 10. STAFF COSTS 2024 2023 Wages and 5alarles Soclal securlty costs Other penslon costs 277,711 24,267 397,789 31,428 9,512 438,729 308,982 The ayera8e monthly number of employees durlng the year was as follow5.. 2024 2023 Sport En8land Arsministratlon Includln8; fundralsln& publlclty and events Chlef Executlve li li No employees recelved emolurnents In excess of £60,000. 16
ORinsH BUND SPORT compifiyUmd by Guarantee NOTE5YOTHE FINANCIALSTATEMENYSI(Mtln¥•dl Forthe y••r ended 31 March 2024 11. TANGIBLE FIXED ASSETS Fl¥tures and Flttlngj Computer equlpmont Tota COST At l Aprll 2023 Additlons At 31 March 2024 448 1,982 2,430 12,503 12,951 4,148 17,099 14,669 DEPRECIATION At l Aprll 2023 Charge for year At 31 March 2024 417 426 6,744 4,117 10,861 7,161 4,543 11,704 NEfBOOK VALUE At 31 March 2024 At 31 March 2023 1,587 31 5,395 5,759 12. CREDITORS: AMOUNTS FALUNG DUE WH1N ONE YEAR 2014 2023 Trade creditors Soclal securftyand othertaxes Othercredlwrs Deferred Income-sports Section5 Deferred Income-5port EnEland Deferred Income- IBSAWorld Game5 2023 Deferred Income-see My Volce Deferred Income-Together Fund ITIFI Deferred Income- Flrst Steps Deferred Income- RNIB DefeNed Income- Development Fund Deferred Income-YAP Tralnln8 Deferred income-CYP Deferred inrgme-showdovm Deferred Income- WG Legacv 1,015 6,676 750 11,418 17.178 23,160 12,523 6,635 720 10,320 17,178 15.190 20,224 21.122 59,157 9,629 1,002 17.937 15,767 13.462 15,0 127,363 173,7(X) 17
BRIsH BUND SPORT Companyumlted by Guarante• NOTESTOThE FIIIANCIAISTATEMeNTSlcOfillnv•d) For th• ended 31 Marth 2024 13. MOVEMEfrIT IN FUNDS Not movement In Funds Transf•rs between At IA.23 Funds At 31.03.24 Unrestrleted fund5 fjoneral fund 46,599 46,599 -98,837 -98,837 328,928 328,928 276,690 276,690 Ilestrltted funds Sport England Grant Thoma5 Pocklington Trust Apprentlce5hlp First Step5 Have a Go Days See Myvolce Sports Sectlons 185AWorld Game$ 2023 RNIB Together Fund ITIFI CAF Development Fund YAP Tralnln8 cyp M¢Oonal&s UK Sport LeBacv Showdown 24,981 1,778 1,979 21.122 7,458 ,190 56,989 124,795 -1,778 -148,002 1,774 1,979 -21,122 3.434 3,600 -1,242 -5,221 84,047 9,174 -31,940 10,892 -18,790 -11,426 5,221 -76,385 -29,397 -3,112 -9,629 -1,002 -1,822 44,321 2.117 20,223 35,052 9,629 1,002 9,779 1,822 -896 -9,402 13,462 189,855 91.018 -896 -9,402 -13,462 -328,928 197,520 244,119 58,447 335,137 TOTAL FUNDS 18
BRIsH BIIND SPORT ompany Umlted by Guarnnte• NOTESYOTHE FINANCIAL STATEMENTS IcondN•dl For th•year•nd•d 31 Ihv¢b 2024 Net movement In funds, Included In the obove are as follow5: Incomlng r•sourc•i R•wurc•s ¢xpend•d Mov•ment In funds Unr•slrl¢ted lunds General fund 12B,861 128,8fj1 .227,698 -227,698 .98.837 .93,837 R•strlcted fvnds Sport En814nd Grant Thomas Pocklln8ton Trust Apprentlce5hlp Flrst steps ave a Go Oays See MyVolc• Sports Sertlons IBSAWorld Game$ 2023 RNI8 To8ether Fund ITIFI CAF Developmènt Fund YAP Tralnlng cyp M¢Donald's UX Sport Legacy Showdown 222,806 -98,011 -1,778 124,795 -1,778 11,400 15,190 34,133 24,C0 157,638 20,223 -8,308 -7.966 -11,590 -35,375 -29,221 -73,591 -11,049 .23,632 3,434 3,600 .1,242 -5,221 84,047 9,174 .31,940 S,355 -3,533 96 -9,402 1,822 96 -9,402 13.462 189,855 91,018 13,462 495,899 624,760 .306,044 -533,742 TOTAL FUNDS 19
BRIMSTr18UND SPORT Company Um6t by Guarnntee NI)1ESTOTHE FIPIANCIAL STATEMElffS IcOntIn#dj For th• yearended 51 Marth 2024 14. l#com• R•c•lv•d fr4)m Inv•stori Olh•r pybll UK L¢K•l IrN•stor Sport Authorlty Income Non- publlc In¢ome TOTAL 665È0 482N37 Sport EnAIBnd 415,857 Revenue grants Capltal 8rants Membershlp Income Spon50rshlp Income Other In¢ome Tot•1 Income 5,446 I3242 132y2 4.035 4055 Z08.903 624.7EO 41557 CNethead5 C05ts Salaries Costs of 8eneratln8 voluntary incom¢ E¥ent Costs Trustees, costs Totsl Expendlture Net Income 1.089 54,772 168,(61 140,921 939 7,374 11.835 95.187 244 330m9 -121,196 14AI8 ts3A31 50.871 194,241 221616 9,402 -9A02 S53,742 91,018 Cash and Werred Grant RecOlI1•tIOn Sport England UKSport Other publk Itw¢rtors Opening 8alarKe- Deterred grants Cash recelved Rèleased to P&L (to match expenditure) 005108 Oalan¢e- D•feiredBrarts 62,512 415.857 466,816 62.512 415,857 476.218 2.151 -9,402 -9,402 20
RIT15H BUND SPORT Comp•ny Llmlt•d byGuarante• MANAfjEMeNr INFORMAnoN Forth• wr•nd•d JI March 1014 Th¢ follow1 pa6•s do not lorm p•rt olth• Iln•n¢l¥l st4t•rn•nts. 21
81UTISH BUND SPORT CompanyLlmlted byGuarant¢• DETAILED STATEMENT OF FINANCIALAcrivmES Fortht year•rhrfed 31 Maffh 2024 2024 2023 INCOMING RESOUA¢ES Voluntory Incomo Oonatlons Subscrlptlons Sport En8land Grant RN18 Grant 178,017 5,446 259,221 157,638 fjCKI,322 385,634 7,332 549,559 42.569 985m4 Artlwltles for gen•ratlnqfund5 Fundralsing events Pub115hlng Income 3,495 727 3,495 7,827 In¥estrnent5 Incom• Interest Teceived 329 IncomlnB r•sources from ¢harltabl• actl¥ltl•s Event income 20,403 17,920 Total lrtcomlnq resource5 624,760 1,011,170 RESOURCES EXPENDED Costs of 8en•ratln8 voluntsry Income Pub115hln8 and websSte costs Fundralsln8 COSt5 13,495 923 14,418 7.559 1,284 8,843 Charltable actlvttles Wa8es Soclal security Pen51ons Event Costs Spon En8land Grant UK Sport World Games Grant Trustee5' expenses Travel Office runnln8 Costs Admlnlstratlon costs Bank char8es Depreclatlon of fixtures and fittln85 Dopreclatlon of computer equ1pment 277,711 24,267 397,789 31,428 9,512 281,390 67,625 9),973 98 3,629 59.148 2,736 320 30 3.717 957.238 113,285 10,926 29,221 132 112 47,159 3,320 305 426 4,117 532,403 22
BRITISH OUND SPORT Compar)v Umlted by Guarantee DETAILEDSTATEMENT OF FINANCIAL ACTSVlnES (¢•ntlrrfdj For thy•ar ended 31 Marth 1024 2024 2023 Governance tosts Accountancy 1,339 IA56 E¥tptlono1 It•m Openln8 balance dlfferertces wrltten off Totol resources expènded 533,742 958,694 Net IncomellExpendlturel 91,018 52.476 23