SANDBACH GYMNASTICS FOUNDATION
(A company limited by guarantee)
UNAUDITED REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2025
Registered Charity No. 1171220
Registered Company No. 10574182

SANDBACH GYMNASTICS FOUNDATION
(A company limited by guarantee)
CONTENTS
Page
Legal and Administrative Information
Trustees, Annual Report
Independent Examiners Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
9-15

SANDBACH GYMNASTICS FOUNDATION
(A company limited by guarantee)
LEGAL AND ADMINISTATIVE INFORMATION
Trustees
The trustees who served during the period were:
Mr K M Danskin
Mr M E Wilson
Mrs J P Wright
Registered office and principal address
Millbuck Park
Millbuck Way
Sandbach
Cheshire
CW11 3HT
Registered Charity number- 1171220
Company registration number- 10574182
Independent Examiners
Afford Bond Holdings Limited
Chartered Accountants
31 Wellington Road
Nan￿lch
Cheshire
CW5 7ED
Bankers
Barclays Bank
125 Main Street
Frodsham
Warrington
Cheshire
WA6 7AD
Solicitors
Hibberts
Solicitors
144 NanI￿lCh Road
Crewe
Cheshire
CW2 6BG
Page 1

SANDBACH GYMNASTICS FOUNDATION
(A company limited by guarantee)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
The trustees, who are also directors of the charity for the purposes of the Companies Act, submit their annual
report and the financial statements for the year ended 31 March 2025, which are also prepared to meet the
requirements for a directors, report and accounts, to comply with the Charities Act 2011 and Companies Act
2006. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP)
"Accounting and Reporting by Charities" (FRS 102) in preparing the annual report and financial statements of
the charity.
The charity is a charitable company limited by guarantee and was set up on 20 January 2017. It is governed by
its memorandum and articles of association.
Reference and administrative details of the charity, its management and advisers
The charitable company's name is Sandbach Gymnastics Foundation. The other reference and administrative
details of the charity are as stated under the legal and administrative information on page 1.
The charity trustees who served during the period and up to the date of Ihis report are as follows:_
Mr K M Danskin
Mr M E Wilson
Mrs J P Wright
Structure and governance
The company was established under a Memorandum of Association which established the objects and powers
of the charitable company and is governed under its Articles of Association. The charily is a charitable Gompany
limited by guarantee and in the event of the charity being wound up members are required to contribute an
amount not exceeding £10.
Risk management
The trustees have conducted a review of the major risks to which the charity is exposed. Vvhere appropriate,
systems or procedures have been established to mitigate the risks the charity faces. Internal control risks are
minimised by the implementation of procedures for the authorisation of all transactions. Procedures are also in
place to ensure compliance with the health and safety of staff and its visitors. These procedures are periodically
reviewed to ensure that they continue to meet the needs of the charity.
Trustees, responsibilities statement
The trustees (who are also directors of Sandbach Gymnastics Foundation for the purposes of company law) are
responsible for preparing the Trustees, Annual Report and the financial statements in accordance with
applicable law and United Kingdom Accounting Standards {United Kingdom Generally Accepted Accounting
Practice).
Page 2

SANDBACH GYMNASTICS FOUNDATION
(A company limited by guarantee)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 (CONT'D)
Trustees, responsibilities statement- continued
Company law requires the trustees to prepare financial ststements for each financial year which give a true and
fair view of the state of affairs of the charitable company and of the incoming resources and application of
resources, including the income and expenditure, of the charitable company for that period. In preparing these
financial statements, the trustees are required to-
select suitable accounting policies and then apply them consistently.,
observe the methods and principles in the Charities SORP 2015 (FRS 1021
makejudgements and estimates that are reasonable and prudent-
state whether applicable UK Accounting Standards have been followed, subject to any material
departures disclosed and explained in the financial statements., and
prepare the financial statements on the going concern basi5 unless it is inappropriate to presume that
the charitable company will continue in operation.
The truslees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at
any time the financial position of the charitable company and enable them to ensure that the financial statements
comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable
company the hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Objectives and activities
Objectives
The objectives of the Charity. as set out in its governing document are'.-
to foster and promote community participation in healthy recreation by the provision of facilities and
coaching for gymnastics and other sports;
b)
to provide and assist in providing facilities for sport, recreation or other leisure time occupation of such
persons who have need for such facilities by reason of their youth, age, infirmity or disablement, poverty
or social or economic circumstance or for the public at large in the interests of social welfare and with
the object of improving their conditions of lrfe., and
to advance the education of children and young people.
Activities undertaken for the public benefit in relation to these objectives
The trustees have had due regard to the guidance issued by the Charity Commission on public benefit in
deciding what activities the charity should undertake to meet the stated objectives. The governing document
notes the powers the trustees may exercise in furtherance of the charitable company's objects.
The Sandbach Gymnastics Foundation host some of the most up to date facilities. The cushioned matting and
special shock absorbent areas allow the centre's qualified coaches to provide a wide range of coaching and
gymnastics based activities. The centre take great pride in providing a safe, fun and educational area for local
people to enjoy in an inclusive environment teaching both boys and girls from all ages.
Page 3

SANDBACH GYMNASTICS FOUNDATION
(A company limited by guarantee)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 {CONT'D)
Achievements and performance
The Sandbach Gymnastics Foundation was formed on 20 January 2017. The foundation completed its propety
acquisition in April 2019 and the occupation of a fully constructed and furbished gymnastics Centre took place at
the beginning of 2020. The trustees take this opportunity to again thank the Denise Coates Foundation for the
grant funding to enable this project.
The charity's management have been into the surrounding areas to visit local schools and community projects in
order to promote the foundation. The trustees and management routinely continue to monitor and maintain
control of its Costs.
The charity has currently reached its capacity of members training every week. Ifs sessions are full, from pre-
school through to the teams, with significant waiting lists for all classes.
As a foundation we are pleased to teach and support a therapeutic special school which provide education for
pupils with social, emotional and mental health difficulties, as well as providing the gymnastics provision for a
home educated group of children supporting their curriculum needs.
The Charity competes at the British, English and Welsh championships with it's juniors. Our tumblers represent
the region at the National Teams Finals for the North West as well as competing at the English National
Championships. The Charity also hold Special Needs Rhythmic Events, who's performances are a delight to
watch.
The trustees are satisfied with the charities progress and its impact on the community to date.
Financial review
Policy on rese￿eS
The trustees believe that it is in the charity's best interests to retain a reasonable level of resetves in order lo
ensure that the charitable objectives can continue to be met effectively without any unnecessary disruptions
which may occur due to unforeseen circumstances.
Some of the funds, as shown in the balance sheet, are represented by fixed assets held for use within the
charity, so these are to be excluded from the funds balance in order to give a better representation of the level of
reserves that are freely available for immediate use in achieving the charitable objectives. This basis has been
used to calculate the freely available reserves figure noted below.
The freely available reserves for the period ended 31 March 2025 is calculated to be £64,352.
Page 4

SANDBACH GYMNASTICS FOUNDATION
(A company limited by guarantee)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 (CONT'D)
Policy on reserves- continued
The trustees aim for the level of freely available reserves to be at least £1,000. The trustees monitor the level of
reserves at the end of each financial period in order that they can review and update the policy to ensure that it
continues to reflect the perceived levels of expenditure anticipated, given the most recent and expected future
Gircumstances, and also allows sufficient funds to be instantly available to be able to meet any unforeseen
expenses. The risks and uncertainties facing the charity are considered by the trustees, as far as practicable, so
that the level of future charitable activities can be adequately planned for.
The trustees and management are confident that they can grow the charty over the next few years.
Overall, the Irustees have established a policy whereby the charity has sufficient liquid reserves to allow for the
continued operation of the Sandbach Gymnastics Foundation for at least the next Iwelve months.
Further financial review
The charity makes cash deposils with its high street bank which have a low level of risk, the funds are easily
accessible and offers an acceptable rate of interest.
The results of the charity for the year are shown in the statement of financial activities and the position of the
company at the period end is shown in the balance sheet.
Declaration
This report has been prepared in accordance with the provisions applicable to companies entitled to the small
companies exemption in the Companies Act 2006.
This report was approved by the board of directors and signed on behalf of the charity's trustees by..
Mrm
Trust
(98
Date
Page 5

SANDBACH GYMNASTICS FOUNDATION
(A company limited by guarantee)
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF SANDBACH GYMNASTICS FOUNDATION
I report on the accounts of the Sandbach Gymnastics Foundation (registered charity number 1171220, company
registration number 10574182) for the period 1 April 2024 to 31 March 2025 which are set out on pages 7 to 15.
Responsibilities and basis of report
As the charity trustees of the company (and also its directors for the purposes of company law) you are
responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006
{'the 2006 Act')-
Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the
2006 Act and are eligible for independent examination, I report in respect of my examination of your company's
accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act,). In carrying out my
examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011
Act.
Independent examiner's statement
Since the company's gross income exceeded £250,000 your examiner must be a member of a body listed in
section 145 of the 2011 Act. I confimi that l am qualified to undertake the examination because i am a member
of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the
examination giving me cause to believe that in any material respect..
accounting records were not kept in respect of the company as required by section 386 of the 2006 Act,. or
the accounls do not accord with those records., or
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any
requirement that the accounts give a 'true and fair view, which is not a matter considered as part of an
independent examination., or
the accounts have not been prepared in accordance with the methods and principles of the Statement of
Recommended Practice for accounting and reporting by charities applicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK (FRS 102).
I have no concerns and have come across no other matters in Connection with the examination to which
attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Peter O'malley ACA FCCA CTA
For and on behalf of
Afford Bond Holdings Limited
Chartered Accountants
31 Wellington Road
Nan￿lCh, Cheshire
CW5 7ED
Date
Page 6

SANDBACH GYMNASTICS FOUNDATION
(A company limited by guarantee)
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2025
Unrestricted Restricted
Funds
Funds
Total
2025
Total
2024
Income from charitable activities
Gym hire and membership
Donations gifts and fundraising
Bank interest received
400,786
3,180
1,073
400,786
3,180
1,073
382,316
3,045
837
Total income and endo￿nents
405,039
405,039
386,198
Expendituro on Charitable activities
Support costs
Wages and salaries
Pension costs
303,561
5,172
303,561
5,172
274,354
4,408
305,733
305,733
278,762
Other operating expenses
Cafe costs
Clothing, event costs and trips
Property, equipment servicing and security
Telecommunications
Licenses, insurances and subscriptions
Bank interest and charges
Legal and professional
Accountancy
Cleaning
Postage, stationery and adverlising
Sundry
Depreciation
3,939
12,254
28,301
2,047
24,131
782
1,322
4,188
7,703
3,864
3,189
6,904
3,939
12,254
28,301
2,047
24,131
782
1,322
4,188
7,703
3,864
3,189
107,487
4.469
10,224
26,445
2,217
30,764
893
2,472
3,720
8,143
3,205
3,208
112,874
100,583
98,624
100,583
199,207
208.634
TOTAL RESOURCES EXPENDED
404,357
100,583
504,940
487,396
Net income before transfers
Transfer between funds
682
(100,583) (99,901) {101,198)
Net incomelmovements in funds
682
(100,583) (99,901) {101,198}
Reconciliation of funds:
Total funds brought forward
102,792 2,819,513 2,922,305 3,023,503
Total funds carried forward
103,474 2,718,930 2,822,404 2,922,305
All income and expenditure derives from continuing activities.
The statement of financial activities includes all gains and losses recognised in the period.
Page 7

SANDBACH GYMNASTICS FOUNDATION
(A company limited by guarantee)
BALANCE SHEET
AS AT 31 MARCH 2025
Notes
31.3.2025
31.03.2024
Fixed assets".
Tangible assets
2,758,052
2,862,009
Current assets:
Debtors
Cash at bank and in hand
73,927
70,064
Total current assets
73,927
70,064
Liabilities:
Creditors: amounts falling due
within one year
10
{9,575)
{9,768)
Net current assets
64,352
60,296
Total net assets
2,822,404
2,922,305
The funds of the charity:
Unrestricted funds
General funds
103,474
102,792
Restricted funds
2,718,930
2,819,513
Total charity funds
2,822,404
2.922,305
For the financial year ended 31 March 2025 the company was entitled lo exemption under section 477 of the
Companies Act 2006 relating to small companies.
No members have required the company to obtain an audit of its accounts for Ihe year in question in accordance
with section 476 of the Companies Act 2006.
The directors acknowledge their responsibility for complying with the requirements of the Act with respect lo
accounting records and for the preparation of accounts.
These financial statements have been prepared in accordance with the provisions applicable to companies
subject to the small companies regime.
The financial statements were approved and authorised for issue by the board of directors and signed on behalf
of the charil
's trustees by:
Mrm
Trust
son
Date
Company registrat
on number 10574182
Page 8

SANDBACH GYMNASTICS FOUNDATION
(A company limited by guarantee)
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies
1.1 Company status
The charity is a company limited by guarantee and has no share capital. The members of Ihe company
are the trustees named on page 1. In the event of the charity being wound up, the liability in respect of the
guarantee is limited to £10 per member of the charity. The registered office is Millbuck Park, Millbuck Way,
Sandbach, Cheshire, CW113HT.
1.2 Basis of preparation
The financial statements have been prepared on a going concern basis under the historical cost
convention, unless otherwise stated, and in accordance with the requirements of the Charities Act 2011
and Companies Act 2006.
The financial statements are prepared in sterling, which is the functional currency of the company.
Monetary amounts in these financial statements are rounded to the nearest £.
The charity constitutes a public benefit enlity as defined by FRS 102. The financial statements have been
prepared in accordance with Ihe Statement of Recommended Practice (SORP) "Accounting and Reporting
by Charities" {FRS 102) issued on 16 July 2014, together with Update Bulletin 1 published on 2 February
2016 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland
(FRS 102) (effective January 2015).
The charity has applied Update Bulletin 1 as published on 2 February 2016 and does not include a cash
flow statement on the grounds that il is applying FRS 102 Section 1A.
The significant accounting policies applied in the presentation of these financial statements are set out
below. These policies have been consistently applied to all years presented unless otherwise stated.
1.3 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the trustees in
furtherance of the general objectives of the charity and which have not been designated for other
purposes.
Designated funds comprise unrestricted funds thal have been set aside for particular purposes. The aim
and use of each designated fund 15 set out in the notes to the financial statements.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by
donors or which have been raised by the charity for particular purposes. The cost of raising and
administering such funds are charged against the specific fund.
1.4 Income recognition
All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity is
legally entitled to the income and after any performance conditions have been mel, the amount can be
quantified with reasonable accuracy.
Where incoming resources have related expenditure, as with fundraising events, the incoming resources
and related expenditure are reported gross in the SOFA and are not offset unless otherwise required by
the SORP.
Page 9

SANDBACH GYMNASTICS FOUNDATION
(A company limited by guarantee)
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025 (CONT'D)
For donations to be recognised the charity will have been notified of the amounts and the settlement date
in writing. If there are conditions attached to the donations, requiring a level of performance before
obtaining entitlement, the income is deferred until those conditions are met. For legacies, entitlement is
the earlier of the charity being notified of an impending distribution or the legacy being received. Where
legacies have been notified to the charity but it is not possible to determine the amount expected, the
legacy is treated as a contingent asset and disclosed.
Gift5 in kind donated for distribution to the beneficiaries are included at valuation and recognised as
income upon receipl, where practicable. If such a valuation cannot be determined without undue cost and
effort, then it is recognised within donations on distribution and an equivalent amount shown within
charitable expenditure. Gifts donated for resale are included at fair value, being the expected sale
proceeds less any expected cost of sale, in income from other trading activities on receipt, unless
determining the fair value is impractical, in which case the income is not recognised until the item is sold.
Donated facilities are recognised in income al fair value when the economic benefit is probable, it can be
measured reliably and the charity has control of the item, with a corresponding amount recognised in
expenditure.
No amounts are included in the financial statements for time donated by volunteers in line with the SORP
(FRS 102).
Interest receivable on funds held on deposit is included when receivable and the amount can be
measured reliably, normally upon notification by the bank.
1.5 Expenditure recognition
All expenditure is accounted for on an accruals basis and has been classified under headings that
aggregate all costs related to the category. Expenditure is recognised where there is a legal or
constructive obligation to make payments to third parties, it is probable that the settlement will be required
and the amount of the obligation can be measured reliably.
The charity is not registered for VAT. Irrecoverable VAT is charged as a cost against the activity for which
the expenditure was incurred.
Expenditure is classified under the appropriate activity headings.. Expenditure on raising funds includes all
expenditure incurred by the charity to raise funds for its charitable purposes but do not include those costs
incurred in direct support of the charitable activities. It includes the costs of all fundraising activities and
events, seeking donations, non-charitable trading activities and the costs of managing investments.,
Expenditure on charitable activities are those costs incurred by the charity in undertaking activities for the
furtherance of its aims and objectives for the benefit of its beneficiaries and include support costs and
costs relating to the governance and administralion of the charity,. Other expenditure is any other
expenditure which is not related to fund raising for charitable purposes or spent towards achieving the
charitable objectives.
Support costs are those functions whish assist the work of the charity but do not directly represent
charitable activities, including personnel, finance, administration and governance costs. Where support
costs are unable to be directly attributed to particular activity headings, they are allocated between the
cost of raising funds and expenditure on charitable activities on a basis consistent with the use of the
resources. Where applicable, the basis of apportionment is stated in the analysis of support costs.
Fundraising costs are those expenses incurred in seeking voluntary contributions and do not include the
costs of disseminating information in support of the charitable activities.
Page 10

SANDBACH GYMNASTICS FOUNDATION
(A company limited by guarantee)
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025 (CONT'D)
1.6 Tangible fixed assets and depreciation
Tangible fixed assets are capitalised if they are material in value and can be used for more than one year.
They are stated at cost, unless they are gifted, including any incidental expenses of acquisition and those
costs required to get the assets operating as intended. Grfted assets are brought in at the value to the
charity on receipt.
Depreciation is provided on all tangible fixed assets, at rates calculated to write off the c05t, less estimated
residual value, of each asset over its expected useful economic life as follows..
Freehold land and buildings
Fixtures and fittings
2.5°/o per annum straight line
150/0 per annum reducing balance
No depreciation is charged on the assets until they come into operational existence. The charity came into
operational existence towards the end of the 31 March 2020 financial year
1.7 Debtors and creditors
Deblors and creditors are recognised al the settlement amount due after any discounts offered. Provisions
arise where, at the balance sheet date, the charity has a present obligation resulting from a past event
which is probable to result in an outflow of economic benefits and the amount due to settle the obligation
can be reliably estimated. Losses arising from impaimient are recognised in expenditure.
1.8 Pension costs
The charitable company operates a defined contribution scheme for the benefit of certain employees. The
costs of contributions are charged against profits in the period they are payable.
1.9 Financial instruments
The char¢table company only has basic financial assets and liabilities. Basic financial instruments are
initially recognised at transaction value and subsequently measured at their settlement value.
1.10 Taxation
The charitable company is exempt from corporation tax on its charitable activities.
1.11 Going concern
The financial statements have been prepared on a going concern basis as the trustees believe that no
material uncertainties exist. The trustees have considered the level of funds held and the expected level of
income and expenditure for ￿e1ve months from authorising these financial statements. The budgeted
income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a
going concern.
Page11

SANDBACH GYMNASTICS FOUNDATION
(A company limited by guarantee)
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025 (CONT'D)
Expenditure on charitable activities
Due to the size and nature of the charity, expenditure on charitable activities is unable to be analysed
between distinct types of activity. The activities undertaken by the charity to achieve its objectives are not
separately identifiable as each area is dependent on the rest to enhance the knowledge provided.
Net incomel(expenditure) for the year
31.3.2025
31.03.2024
Net incomelexpenditure is stated after charging
Depreciation of tangible fixed assets
107,487
112,874
Accountants remuneration
Accountancy fee
4,188
3,720
staff numbers and costs
The average monthly number of employees during the year was as follows
31.03.2025
number
31.03.2024
number
Trustees
Management
Staff
12
12
One employee received total employee benefits of more than £60,000
Page 12

SANDBACH GYMNASTICS FOUNDATION
(A company limited by guarantee)
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025 {CONT'D)
Trustees and key management personnel remuneration
The trustees neither received nor waived any emolument5 during the period.
Key management personnel comprise the trustees and Sandbach centre management.
The aggregate compensation paid to key managemenl personnel was £169,622 (2024 £150,499).
Trustees expenses and related party transactions
There were no trustee expenses or related party transactions during the period.
Pension costs
The charity operates a contributory pension scheme. 11 is a defined contribution scheme and contributions
are charged in the statement of financial activities as they accrue.
Tangible fixed assets
Freehold
land and
buildings
Fixtures
and
fittings
Total
Cost
At 1 April 2024
Additions
2,937,123
411,291
3,530
3,348,414
3,530
At 31 March 2025
2,939,123
414,821
3,351,944
Depreciation
At 1 April 2024
Charge for the year
298,644
73,428
187,761
34,059
486,405
107,487
At 31 March 2025
372,072
221,820
593,892
Net book value
At 31 March 2024
2,638,479
223,530
2,862,009
At 31 March 2025
2,565,051
193,001
2,758,052
Page13

SANDBACH GYMNASTICS FOUNDATION
(A company limited by guarantee)
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025 (CONT'D)
31.03.2025 31.03.2024
Debtors
Due within one year
Trade debtors and prepayments
10.
Creditors . amounts falling due within one year
Accruals and deferred income
9,575
9,768
Funds reconciliation
Balance at
01.04.2024
Incoming Resources
Balance at
resources
expended 31.03.2025
Unrestrtcted funds
Designated reserves
General reserves
102,792
405,039
(404,357)
103,474
Restricted funds
2,819,513
(100,583) 2,718,930
Total funds
2,922,305
405,039
(504,940) 2,822,404
General reserves represent the free funds of the charity that are not designated for particular purposes.
Page 14

SANDBACH GYMNASTICS FOUNDATION
(A company limited by guarantee)
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025 (CONT'D)
12. AnalysSs of net assets between funds
Unrestricted Designated Restricted
funds
funds
funds
Total
funds
Tangible fixed assets
Cash at bank and in hand
Other net current assetsl(liabilities}
39,122
73,927
(9,575)
2,718,930
2,758,052
73,927
(9,575)
Total net assets
103,474
2,718,930 2,822,404
13. Control
The charitable company is controlled by the trustees, who are also the directors of the charity for Ihe
purposes of the Companies Act. Every trustee has a vote, so no individual trustee has overall control.
Page 15