See fae Set pe en ain tk a See ae é ta ea Tiger Re Pada ea. i “Sea ee ne emer i iged laateeate. ate **Annual Report:** Sao.a ae ee aeae Soar ier Sree daeRite aaeGaeeeCeepeet OS peeikeS eeae aeBeet Pie tee oh dane SheDemet 2024-2025 e ERE poo a Pog, gee ie gy ee 2 ees a Ligoe araeere ree ae A es ee et A ce tL er Et aa aoe paar al ae LL a et ee ee **parkrun Global Limited** aeee ite er oe sh Epe Regie chs oe vena ny yt] **Company number: 09411750** ciaStet ete ee ee v akeda NS ee ee eet ea. te Picea pet Seelam aee ge he ena ene fe coea ~oo **Charity number: 1175062** ogee A) Ft ED oa bintSea ee= noeae aaMictnwmeleee peSeTe eaege ae Sage eaa eSoP Sreea ee aeibe eS ereEeSe
~~0!)~~ Annual Report: 2024-2025
## **Welcome**
|**A welcome from the Chair**|**4**|
|---|---|
|**Chief Executive Officer’s reflections**|**6**|
|**Strategic report: Introduction**|**10**|
|**Values & culture**|**18**|
|**parkrun in numbers**|**22**|
|**Celebrating parkrun’s 20th birthday**|**34**|
|**Strategic partnerships**|**40**|
|**Understanding & supporting communities**|**46**|
|**Building a global organisation**|**60**|
|**Commercial and fundraising**|**68**|
|**Committees and governance**|**80**|
|**Financial Review**|**96**|
|**Independent Auditor’s Report**|**108**|
|**Financial statements**|**118**|
|**Reference & Administrative Information**|**150**|
|||
||3|
2
A welcome from the chair ~~RR~~ **A welcome from the Chair**
As the new Chair of parkrun Global’s Board of Trustees, it’s my great pleasure to welcome you to the 2024-2025 Annual Report.
Even as I write, more people around the world are taking part in parkrun — lives are being enhanced, communities are growing stronger and our impact continues to expand. That’s the power of this phenomenal movement. We are now well into the delivery of our ambitious fi ve-year strategy and the progress captured in these pages is a testament to the scale, reach and heart of parkrun. From new events launched across the globe to meaningful collaborations and strategic partnerships, our work is reaching more people than ever — including those who need us most.
There is always more to do. We’ve also continued to strengthen the organisation itself, ensuring we have the governance, structures, policies and systems in place to support a sustainable, inclusive and global future. It is also important to acknowledge
where we could do more. Looking to the new fi nancial year, we recognise that we need to listen more and engage even more eff ectively with our community, so that parkrun is increasingly guided by its participants.
On behalf of the Board of Trustees, I want to extend our heartfelt thanks to the people who make parkrun possible — our dedicated staff , ambassadors, event teams and volunteers; everyone who walks, jogs or runs; those who donate so generously; and our valued partners and funders around the world. I’d also particularly like to thank Jeremy Townsend who stepped down from the Board this year aft er 1 year as Interim Chair and 8 years as a Trustee and also Russ Jeff reys our former CEO who moved on aft er the end of the year having served 3 years as CEO and 10 years with parkrun overall. Both made a signifi cant contribution to parkrun to enable it to become the movement it is today.
This Annual Report is a celebration of parkrun’s impact. As a UK-based global
charity, parkrun brings together hundreds of thousands of people every weekend in local parks and open spaces across 23 countries and fi ve continents — enabling healthier, happier communities to thrive through free, inclusive, outdoor activity.
Thank you for being part of this journey.
## **Helen Weir CBE**
Chair, parkrun Global Board
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Annual Report: 2024-2025
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# **Chief Executive Offi cer’s refl ections**
**6**
**7**
Chief Executive Officer’s reflections
## **Chief Executive Offi cer’s refl ections**
As the CEO of parkrun Global, I want to begin by expressing my sincere thanks to the entire parkrun community — our dedicated team, board members, and incredible network of volunteers — for their unwavering commitment, passion, and hard work.
This year, we reached a major milestone, with weekly participation growing to 400,000 parkrunners across 2,600 events worldwide. This growth is not just about numbers — it refl ects our continued eff orts to make parkrun more inclusive and accessible, through powerful initiatives like our junior parkrun outreach, custodial events and the parkrun practice programme.
with improved margins and a 10% increase in visitors to the parkrun online shop. On the fundraising front, our new donations platform delivered improved profi tability, supported by income from grants, race place fundraising, and legacy giving — making 2024–2025 one of our strongest years to date.
Looking ahead, our mission remains clear: to build a truly global movement that improves health and wellbeing for all — regardless of who they are or where they live. Together, we will continue to break down barriers to participation and create a healthier, more connected planet through parkrun.
Our expansion has been supported by a strong fi nancial performance. Revenue rose from £9.4 million last year to £11 million, thanks to continued investment in our commercial and fundraising strategies. We were proud to welcome new partners across Australia, New Zealand, and the UK — a clear sign of parkrun’s growing global presence. Retail performance also hit new highs,
## **Lil Duggan**
Chief Executive Offi cer
8
Annual F2eport: 20>4-2025
Strategic Report
10
11
Strategic Report
## **Introduction**
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What an extraordinary year 2024–2025 has been, as parkrun celebrated its 20[th] anniversary!
There has never been a better time to celebrate what makes parkrun thrive — the energy, dedication and generosity of our community. Without that collective effort, parkrun would not have become the powerful global movement for health, connection and wellbeing that it is today.
This global milestone was not only a time to celebrate our incredible journey so far, but also a moment to reflect on a year of exceptional progress and continued impact. In our 20[th] year, we welcomed 190 new events, saw nearly 900,000 people take part for the very first time and recorded over 1.2 million new registrations — clear evidence of parkrun’s ever-growing reach and relevance around the world.
The 2024-2025 financial year has supported the growth of parkrun worldwide. Each section of this report will focus on a different element of parkrun Global, showing the progress and development we have made throughout this timeframe. We are delighted to celebrate the things that make parkrun successful and at no point in time is this more relevant than our 20[th] year, as without the incredible support and commitment from our community, parkrun would not have become the vital force for good it is now.
This report highlights the key achievements of parkrun, each section showcasing the progress, development and passion that have shaped this landmark year.
## **Strategy**
We are nearly two years into our ambitious five-year strategy. The strategy commits parkrun to ‘growing well’, increasing our international footprint as a ‘global movement’ whilst also ‘creating a healthier and happier’ planet. This 2024-2025 annual report showcases the progress we have against these dual aims – not just growing our reach and scale but also our impact.
## **Who we are**
parkrun Global Ltd is a UK-based global charity which directly impacts the lives of millions of people around the world. We will not stop until every person has the opportunity to access free and inclusive physical activity in their local community, without barriers.
## **parkrun is free, for everyone, forever.**
**in London’s Bushy Park in 2004, parkrun has grown to a global community of more than 10 million people in 23 countries and in more than 2,600 event locations 2024-2025.**
12
13
Strategic Report
ey ee + **15**
## **What we do**
infl uencing health policy and nurturing a number of strategic partnerships with other community organisations.
parkrun supports local volunteers to deliver free-to-access 5k and 2k distance events for walkers and runners, across more than 2,600 locations every single weekend. parkrun provides everything from event delivery and safeguarding support to developing and maintaining the digital infrastructure which means that hundreds of thousands of results can be processed every weekend.
We are leaders in our fi eld. Globally we are one of the biggest providers of volunteering opportunities. We have a simple, scaleable event delivery model that builds communities across the globe. Thanks to the low barriers to participation, parkrun is increasingly engaging under-represented groups.
We also work on targeted outreach,
## **parkrun’s approach to volunteering**
**1. No prior experience needed – roles are simple and training is given on the day. Anyone can turn up and help.**
**injury, disability or preference) can still take part by volunteering**
**5. Social and rewarding – volunteering is celebrated as equal in value to running, with milestones (t-shirts for 25+ occasions) to encourage participation.**
**2. Flexible commitment – you don’t need to sign up longterm; you can volunteer once or regularly, whenever it suits you.**
**6. Quick and simple sign-up – you can email or just ask on the day.**
**3. Wide range of roles – from marshalling to barcode scanning to tail walking, roles suit different confi dence and ability levels**
**Together, these keep volunteering welcoming, easy and low-pressure.**
## **Low barriers to taking part at parkrun**
• **Free to join** – there’s no entry fee, which removes the fi nancial barrier common in other organised events.
- **Supportive community** – the emphasis is on encouragement, volunteering and social connection, rather than competition or performance.
• **Inclusive format** – it’s explicitly _not a race_ ; you can walk, jog, run, or volunteer. That means people of all fi tness levels, ages and backgrounds can participate without pressure.
- **No equipment required** – beyond a pair of trainers, there’s no need for special kit or technology.
These features make participation easy, welcoming and sustainable, encouraging people to keep coming back.
- **Weekly routine** – held every Saturday morning at the same time, so it’s predictable and easy to fi t into people’s lives.
The need for everyone to have access to inclusive physical activity in the hearts of their local communities remains unchanged.
- **Local and accessible** – events are in public parks and open spaces, so they’re easy to get to and don’t require special facilities or memberships.
Whilst parkrun will always be free to participate in, it is not free to put on. It could not happen without the parkrun staff team supported by an army of dedicated volunteers, commercial partners, funders and sponsors and the generosity of landowners around the world.
- **Simple sign-up** – one free registration gives you a barcode you can use at any event worldwide, so there’s no paperwork each week.
## **2,600+ locations every single weekend** me BRE gee.
**4. Accessible for all – people who may not be able to run (e.g. due to**
14
Strategic Report
## **STARTED WITH**
## **13 RUNNERS**
**SUPPORTED BY**
**5 VOLUNTEERS**
**2024-2025 GLOBAL COMMUNITY**
## **10 MILLION +**
**GLOBAL FOOTPRINT**
**AVAILABLE IN**
**2,600+ LOCATIONS**
## **23 COUNTRIES**
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bY
Annual Report: 2024-2025
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## **Values & culture**
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19
Values & culture
## **Values & culture**
**Our values form the bedrock of our movement and can be traced back to the very early days of parkrun in 2004. Staying true to our values will help ensure we grow well.**
## **Authenticity We are honest, authentic and accountable.**
Trustworthiness, honesty and integrity are foundational to our family. We’re honest about what we know and what we don’t know. We hold each other to account. We
communicate with transparency and empathy, acknowledging that communication influences behaviours, emotions and feelings and underpins effective collaboration.
## **Family We act with humility and always put the family first.**
We’re humble. We know a lot but not everything. We take responsibility, acknowledge personal errors and are open to learning, developing and improving. There’s no room for ego and no one is bigger than the family. We lead by example and we share in our successes.
## **Bravery We are brave, bold and creative.**
We’re ambitious and dynamic. We dream big, make bold decisions, challenge the status quo and get things done. We’re not afraid to question, innovate and be different.
## **Fairness**
## **We act with kindness, compassion and fairness.**
We’re kind, caring, compassionate and empathetic. We assume others mean well. We’re aware of our actions and how what we do impacts others. We apply our founding principles of equality and inclusivity to every situation and opportunity.
## **Recognition We recognise and respect each other.**
We see and hear each other. We respect ourselves and others, support and help one another, listen attentively and celebrate the uniqueness, strengths and diversity of our family.
20
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Annual Report: 2024-2025
parkrun in numbers
22
23
parkrun in numbers
## **parkrun in numbers**
There were more than 19.3 million times that people joined in at parkrun and junior parkrun events during this financial year.
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**What is an instance of participation? We count ‘instances’ as every time someone joins in at a parkrun event – as someone who completes the course or as a volunteer.**
Over this financial year we delivered **126,593 events** , in over 2,600 communities, bringing 2,329,890 people together. This was the first time in our history we had over two million participants in a single year. Compared to the last financial year, this is a 6% increase in
events delivered (6,703 more than the previous year), a 6% increase in unique events delivered (160 more than the previous year) and a huge 20% increase in people participating (386,626 more than the previous year).
24
25
parkrun in numbers
Our volunteer network is absolutely vital to parkrun’s success and has continued to grow. The number of individual volunteers grew by 7% this year (up to 309,220) alongside a 10% increase in the number of times people have volunteered (which has risen to 2,210,611). This reflects the incredible strength and dedication of our community.
This, alongside our finish time slowing to 32:46, not only reflects our ambition to reach those that may never engage with traditional ‘sports’ or physical activities. **897,689 people joined in for the first time: 885, 087 people ran/walked a parkrun for the first time and 99,767 people volunteered for the first time.**
These participation and volunteering figures are underpinned by a strong financial position. Our continued growth in turnover allows us to keep parkrun as a free, accessible movement for everyone, while also giving us the opportunity to invest in the systems, people and innovation needed to support expansion into new communities. In the Commercial and Fundraising and Financial Review sections, there will be a more thorough review of parkrun’s finances during this period.
## **2024-2025 financial highlights**
## **£11m turnover**
**Consolidated turnover increased from £9.4m to £11.0m**
## **£3.7m reserves**
**Reserves increased from £3.1m to £3.7m**
##
**from an outflow of £840k last financial year**
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parkrun in numbers
## **junior parkrun**
**junior parkrun is a 2k series for children aged 4–14 years and their families which takes place on a Sunday morning across the UK, Ireland and Australia. The funding grant from London Marathon Foundation has enabled us to reach new UK communities in this fi nancial year.**
This year junior parkrun saw strong participation growth. We celebrated over one million fi nishes for the fi rst time in our junior parkrun history as well as a 21% increase year-on-year in new registrants with a total of 132,368 new junior parkrunners registering to take part.
There were 22,650 junior parkrun events delivered in this fi nancial year, a 7% (1,492) increase compared to the last fi nancial year. These events helped 248,676 participants get active, an 18% increase equating to an extra 37,396 junior parkrunners.
We saw a 9% (4,072) increase in our incredible volunteers year-on-year as well as an 11% (44,299) increase in instances of volunteering. junior parkrun also allowed us to reach more young people, with 121,168 new participants, a 16% (16,535) increase. There were 105,047 new children who fi nished a junior parkrun and 21,944 new people who volunteered at a junior parkrun for the fi rst time.
junior parkrun was developed by Chrissie Wellington OBE who left parkrun in January 2025, having led parkrun’s focus on health and wellbeing for 12 years.
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parkrun in numbers
## **Campaigns**
In the UK, junior parkrun seized an opportunity to run a national campaign with Team GB throughout the 2024 Olympic and Paralympic period, which included athlete visits, volunteer engagement, a school programme and video production. This allowed junior parkrun to reach a new audience but also built excitement with event teams and young people. Our message of inclusivity was supported with paralympians visiting junior parkrun events across the UK to volunteer.
We also established a parkrun UK Youth Panel, which meets regularly and where young people provide thoughts and feedback to help guide decisions within junior parkrun.
**30**
## parkrun in numbers ~~ooo~~ oct ke a f \ **in numbers** Dy ae. be > ea 4 », a a / os <= ™ / \ 4 x ii N hy ~ / \ / \ / \ / \ | **22,650 515 51,769 1.5m** \/ \ / \ / \ / \ y N y \ Vi X d ~» a x Y x A \ yi **22,650 events 515 locations 51,769 1.5 million volunteers instances of**
**1.5 million instances of participation recorded**
**----- Start of picture text -----**
45 248,676
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121,168
**----- End of picture text -----**
**45 new events 248,676 people 121,168 s taking part fi rst timer**
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33 ***photographer Shauna Clinton from Sportsfle**
**----- Start of picture text -----**
Annual Report: 2024-2025
**----- End of picture text -----**
# **Celebrating parkrun’s 20[th] anniversary**
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Celebrating parkrun’s 20th anniversary ~~ee~~ **Celebrating parkrun’s 20[th] anniversary**
**parkrun started in the UK and has grown over the years to reach 23 countries. The primary focus of the anniversary celebrations was in the UK, the home of parkrun, where we sought to increase awareness of parkrun and to highlight its impact, changing millions of lives.**
As parkrun marked its 20[th] anniversary, we celebrated two decades of creating opportunities for people to connect, be active and enjoy the outdoors in the heart of their local communities. We secured a national media partnership in the UK, published groundbreaking research and delivered
anniversary media moments across all four home nations. Vitality, our UK presenting partner, joined the celebrations by inviting Ellie Simmonds to Bushy Park, the home of parkrun, and we worked with our global footwear partner Brooks to create and launch a special commemorative shoe..
## **Brooks**
We partnered with Brooks to launch a limited-edition parkrun shoe. The anniversary shoe, in the iconic and distinctive parkrun apricot and purple colours, has plenty of parkrun features interwoven into the design and was sold world-wide. The parkrun logo and the special 20[th] anniversary parkrun logo adorn both shoes with “Est. 2004” and “Bushy Park” on the inside of the left shoe. There was a special launch event where members of the parkrun community, sponsors and the media got to see a fi rst look of the new shoe. Thousands of shoes were sold around the globe, in what was a landmark moment with the fi rst ever Brooks x parkrun collaboration shoe.
## **Metro**
Our partnership with Metro, a major UK national media brand, centred around the 20[th] birthday celebrations. The partnership included a bespoke 20[th] birthday cover wrap of the newspaper. Throughout the year, Metro published 100 pieces of editorial content covering the amazing stories of the incredible parkrun community to highlight what we have achieved over 20 years and the unique power of parkrun. The most important part of this partnership was being able to tell the nation the incredible stories of just some of the wonderful people who fi nd themselves on a start line or volunteering on Saturday and Sunday mornings.
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Celebrating parkrun’s 20th anniversary
## **Celebrating with the community**
Whilst the actual day of the anniversary of the first parkrun fell on a Wednesday, proper celebrations would only feel right on a Saturday morning on the start line. Whilst there were celebrations across the globe, we created four bespoke media moments at parkruns across the UK to celebrate with the community. Founder Paul Sinton-Hewitt CBE was where it all started at Bushy Park; Russ Jefferys, our CEO, went to the beautiful Tredegar House parkrun in Newport; John Murphy, a parkrun Regional Ambassador, led the celebrations in Northern Ireland
at the Waterworks parkrun in Belfast; and in Glasgow, Richard Leyton, the man who brought parkrun to Scotland, joined the Pollok parkrun with Liz Corbett, parkrun’s Scottish Coordinator. There was a huge media presence to cover the celebrations across the morning with over 13 million online views.
## **parkrun in Downing Street**
On Monday 22 April over 100 members of the UK parkrun community took part in a special event at 10 Downing Street to celebrate our 20[th] birthday. parkrun staff, volunteers, trustees, partners, funders and representatives from local parkrun events across the four home nations came together with a host of MPs to recognise the incredible contribution made by parkrun in the UK and internationally over the last two decades.
The reception at No. 10 was hosted by Prime Minister Rishi Sunak, together with the Secretary of State for Culture, Media and Sport, Lucy Frazer MP as well as the All Party Parliamentary Group for parkrun, which is chaired by Nick Smith, MP for Blaenau Gwent. This was a truly momentous occasion for parkrun and an important sign from government of the importance they attach to our role helping the nation and beyond, to get active.
39 a
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**Annual Report: 2024-2025**
## **Strategic** e, **partnerships**
40
41
Strategic partnerships
## **Strategic partnerships**
**We’re proud to collaborate with a wide range of organisations who make a meaningful difference to the lives of the most vulnerable or under represented in our communities, enabling more people to access the transformative impact of parkrun.** Below is a snapshot of our strategic partners: **parkruns in prisons**
Since November 2017, parkrun events have
been launched in dozens of prisons across the health, wellbeing and rehabilitation of Australia, Ireland and the UK to help those taking part. This financial year, there rehabilitate and support individuals to rebuild were over 22,000 finishes and nearly 8,000 their lives. Through our work delivering instances of volunteering across our custodial parkruns in custodial estates, we have seen estate parkruns globally, with 1,008 events the importance of these secure events for delivered across 31 parkrun locations.
This has helped over 4,000 people get active, of those a quarter were volunteers (1,033) and 3,872 were individual finishers.
The territorial breakdown can be found below:
## **HM Prison and Probation Service in the UK**
There were 879 events delivered across 27 custodial estates allowing 3,321 individual participants to get active with 900 of those being volunteers. Across the year there were 19,281 finishes and 6,886 instances of volunteering. With six new events taking place, it is fantastic to see the positive impact and growth in this area.
## **Irish Prison Service**
421 people took part in 36 events from the single parkrun on a custodial estate in Ireland, it was run in collaboration with the Irish Prison Service. This saw 1,119 finishes as well as 381 instances of volunteering.
##
## **The parkrun practice initiative – prescribing parkrun**
More than 2,000 GP surgeries are twinned with a local parkrun across Ireland, the UK and Australia. These are absolutely vital connections which allow for mutual signposting, for patients and staff, for both mental and physical health. parkrun has a dedicated member of staff who promotes and advocates for the impact of parkrun practice as well as the benefits of socially prescribing parkrun.
## **Parliament and the All Party Parliamentary Group on parkrun**
We continue to have parkrun representatives who are active members of a number of All Party Parliamentary Groups, across sport, parkrun and sport and activity in the criminal justice system. We are extremely proud as a Charity to be able to have these connections into government which help to make real change on a bigger level.
There were 93 events delivered across three custodial locations in Australia. This helped 573 people to take part and get active, their participation amassed 2,117 finishes and 480 instances of volunteering.
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43
~~Ee~~ Strategic partnerships
## **5k Your Way – Move Against Cancer**
5K Your Way is a support group with a difference. This is the sixth year of working together, hosting the groups on the last Saturday of every month. 5k Your Way Groups come to over 100+ parkruns around Ireland and the UK. Participants include those living
with or beyond cancer, family, friends, those that have lost a loved one to cancer and health care professionals. Every group is led by at least one volunteer 5K Your Way Ambassador, who acts as the focal point for the group.
## **The Man Walk**
On World Mental Health Day in 2024, parkrun Australia announced a strategic partnership with The Man Walk; a social inclusion charity that provides an opportunity for men to get together for a weekly walk and chat followed by a coffee in 100 locations around the country. Male suicide needs attention, as men account for 75% of all suicides in Australia. The partnership aims to leverage the large number of men who take part in both parkrun and The Man Walk to increase participation in both organisations and help reduce stigma around men’s mental health.
## **Speed Freaks**
In March 2024, The Speed Freaks Charitable Trust officially became the first national strategic partner of parkrun in New Zealand. Speed Freaks was established in 2021 to
support recovery from addiction and mental distress through the vehicle of running and walking, with their program being delivered by community volunteers and peers. Through this partnership Speed Freaks groups have become regular attendees at parkruns in Auckland, Christchurch and Whangārei over several years and this partnership aims to extend their involvement around the country.
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46
47
Understanding & supporting communities
## **Understanding & supporting communities**
## **Volunteering**
continued efforts of staff and event teams to encourage volunteering in the community.
Volunteering at parkrun enables people to connect with their community, develop new skills, physically move and gain a sense of purpose. From February 2024 to the end of January 2025, more than 300,000 (309,220) people across the world volunteered at parkrun over 2.2 million times.
In March 2024, parkrun hit an incredible volunteering milestone: we had our first volunteer, Nicki from Croydon, UK, who reached the 1,000 volunteer milestone. To mark this special occasion, Nicki was presented with a new milestone t-shirt.
There was a 7% increase in the total number of volunteers, which equates to 18,992 more people volunteering at parkrun compared to the same period last year. This contributed to a 10% rise in instances of volunteering, totalling a further 198,920 occasions. With parkrun continuing to grow in numbers, a healthy number of new parkrun participants were volunteers. Almost 100,000 people volunteered for the first time (99,767 volunteers, an increase of 2% from the previous year), reflecting the
## **In 2024-2025 more than 300,000 people across the world volunteered at parkrun over 2.2 million times**
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49
Understanding & supporting communities
A global network of more than 800 volunteer ambassadors support parkrun with everything from event delivery, to social media and manning critical incident lines.
This has increased by nearly 100 since last year. parkrun also has 28 volunteers sitting on our boards and committees internationally.
## **Key projects for 2024-2025**
Our new volunteering strategy, which was fi nalised and communicated in May 2024 has had a positive impact on parkrun globally. It reinforces internally and externally our commitment to volunteering.
In May 2024, parkrun Global rolled out volunteer credits to ambassadors, event directors, board and committee members and for volunteers at events that are cancelled at short notice. This new change recognises the behind the scenes commitment to volunteering. parkrun Global also started a project to review the representation of volunteering on our websites and we worked with the retail team on piloting a volunteer range of merchandise.
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Understanding & supporting communities
parkrun Global introduced new event director and ambassador calls; launched an internal calendar of planned meetings and communications; continued the global ambassador newsgroups; and started a project to support and guide staff to better engage with and listen to the volunteer voice. This was part of a wider goal to work more strategically across all layers of our vital volunteer network. parkrun Global also created guidance for all staff on why and what volunteering at parkrun is; shared resources
to support staff with disputes and complaints; co-created a new volunteer National Coordinator role in the UK; and created a volunteering dashboard for all staff to use.
Volunteering is something parkrun is incredibly proud of and our Volunteers Survey (which we run every six months) gives us important insight into the experience of our volunteers:
**• Over 4 in 5 volunteers feel happier because of their parkrun volunteering • At least 4 in 10 volunteers say it has improved their mental health • Around 70% of volunteers feel it has improved their physical health • Around 99% of volunteers recommend being a volunteer**
This financial year we increased our efforts to engage with our vital volunteer base by starting calls with event teams and piloting a ‘volunteer feedback pool’ to give ambassadors and event directors the opportunity to be consulted further on changes. This was a proactive reaction to a decline in some of the key measures around volunteering,
which was showing a feeling of disconnect between volunteers and parkrun head office. As a result of these initiatives, volunteers have reported renewed trust and connection in the 2024-2025 volunteer survey.
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Understanding & supporting communities
## **Breaking down barriers to support communities**
parkrun can only achieve its mission and vision by understanding the barriers people face to physical activity preventing people from taking their fi rst steps into healthier and happier lives.
Over the 2024-2025 period we continued our vital research into both what stops people from participation at parkrun, as walkers, joggers, runners and volunteers and what are the many benefi ts that keep people coming back.
Published on our 20[th] anniversary, we worked with Sheffi eld Hallam University’s Advanced Wellbeing Research Centre, led by Professor Steve Haake, on a groundbreaking piece of research on _The Value of parkrun_ . This new research highlighted the societal impact and value of parkrun, as a public health intervention and how it improves the life satisfaction of those who took part in parkrun in the UK.
This research, based on over 75,000 responses from parkrunners, showed that parkrun signifi cantly increases life satisfaction, with benefi ts seen aft er as few as two events, especially for those who were least active. These improvements were driven by better physical and mental health and a greater sense of connection and belonging. The study estimated that parkrun generates £667 million of value to the UK economy per year. For every £1 spent on parkrun, at least £16.70 of benefi ts were returned. This far exceeds other public health interventions designed to boost physical activity.
For us, this is a powerful recognition of what the parkrun community has created over the past two decades. By remaining free, weekly and open to everyone, parkrun has broken down barriers to activity while building friendships, confi dence and healthier, happier communities.
= eS - ss oe Tar oo Fr ha at A. . “gr at “! By a a fe, ’ . 2 # F **For every £1 spent,** fe ea . . a ¥ ae. " ‘ 3 | - &° m7.i **parkrun UK returned £10 in** bjaoeraI] —bdi |=rd Fy“et Es / . Fj ; 3 ay ry, * i fa te th eere **healthcare benefi ts alone** “ea i ‘ “4 + - ” . a - — , « . . beor « ] “s 7 ont ae sae iC 7 F a _ fis i : ia a r - . , i rs =e “ = * 7 aCana : , ih + - a ail , x Fh _ — . .,. ial r vf 7 *, Pod = i . % z 4 y iv. ‘i ‘s ai ff 7 eaePa ow 4 7 7 ‘ weFae — 5eeJ aeeSe“Fi FRcee in oe ilswie . rcesrya ‘ epee:a— 3° FT."ySRR: . ug‘ Rest*. . “<. “yf ; ">"7 ™ ! unie! re. ; | rs = ) ’ 5 . 4 _ 5 ’ i a. al **parkrun is** Jf + ‘ ty : i ia ee - sad Li; 5 if Be. ft A, “= =t Ps we e ‘ -! i m ra er ae . . = **around three times** i eo ee 7 ae A \ ; = Pi) i al} © we _ 4 . al hil +, 4 = ox a Po } = ee a a oe ,. ee sj el es ihe : - ie oe Pe - = **more valuable than other** 4 i ? a | : " a + asi wi ~~ i B ito t/a ‘ a —., [Ae 4 a re ee Sy ef! aie i —, bs a a oy iy 3 Tes Res : a ies fi h = a \ — 4 be! E age wd ‘A 4 a M mh ae wy f ; “ aad be “ ‘ Pes a. **initiatives designed to** cf B . | i , ae “ee J igs As - eal ok 4 - elle ay i pr wits . hie hes te a ne! mh fees at **increase physical activity** “ ne! ; A, hi a t 5 iy +i a z ie oe i nop ean Gor eh cna Se US ysioe ary Pa4 hifi - r= TES_— GMe— aae 7By—_ : a a x —— fea[ga]
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Understanding & supporting communities ~~ccc~~ octkeun
## **Community storytelling**
From parkrun weddings to recovery from ill health, every parkrun brings life changing impact. Throughout the year, we worked with our community to highlight these personal stories, achievements, fundraising efforts and event celebrations. We have celebrated these milestones and special occasions across both national and regional media, including TV, radio, print and online media, as well as in weekly blogs sent to over 2.3 million people from the parkrun subscriber audience.
**“Why was I focusing on what I couldn’t do? It was so negative and just making me unhappy. Instead, focus on what you can do. And I thought of the parkrun. I might not be able to run it yet, but surely I could stand in a field with a high-vis on and point.” – Angela, after surviving a stroke**
**“In July 2019 I was diagnosed with breast cancer... Going to parkrun during this time turned out to be the best thing I could do for both my physical and mental health. There I could just run and not think about cancer and everything that lay ahead. I knew that exercise during cancer treatment would help me to cope with it all so decided that I would aim to go to parkrun throughout my treatment.” – Sarah, who reached 200 parkruns after her cancer diagnosis**
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Understanding & supporting communities
## **90%**
**90% of volunteers feel happier because of their parkrun volunteering**
## **40%**
**At least 2 in 5 say it has improved their mental health**
## **70%**
**Around 70% feel it has improved their physical health**
**99%**
**Around 99% recommend being a volunteer**
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Annual Report: 2024-2025
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Building a global organisation
## **Building a global organisation**
alongside a select group of commercial partners and is grateful for their ongoing support. Vitality is supporting parkrun in their objective to get more people walking at parkrun with a joint parkwalk campaign planned for the new fi nancial year.
In 2024-2025, parkrun continued its focus on developing the new Europe, the Middle East and Africa (EMEA) region. This, as well as growth across our Asia Pacifi c (APAC), UK and North American regions, has led to another year of growth for the Charity globally.
parkrun’s **EMEA** region consists of Ireland, South Africa and Mainland Europe, with all three of those areas seeing growth. The region was ably led by Tom Williams, MD of EMEA who resigned in September 2024 aft er over a decade of service to parkrun growing the movement, initially in the UK and then right around the world.
The **UK** is parkrun Global’s fi rst and largest territory. This year the UK, supported by presenting partner Vitality, enjoyed strong growth, fuelled by momentum behind junior parkrun supported by the London Marathon Foundation, as well as the profi le generated by our 20[th] anniversary celebrations.
The team has focused not just on new events and participant growth but also growing impact with interventions such as parkrun practices being mainstreamed. Partnership working is key to our success, as a system partner of Sport England, parkrun has focused on widening participation to under represented groups as well as developing our own Diversity and Inclusion Action Plan. parkrun UK is proud to work
In Ireland, it has been a year of transition with a new staff team coming on board and parkrun Global acquiring parkrun Ireland CLG. The new team started on a strong footing, due to the legacy of Matt and Ruth Shields, who fi rst brought parkrun to Ireland in 2012. The territory has continued on projects and activations; including launching an award-winning Sun-Safety campaign with presenting partner Vhi, as well as growing
|**Year on Year Growth**
APAC|**Event**
**9.40%**|**Participation**
20.35%|
|---|---|---|
|Mainland Europe
South Africa
Ireland
~~renOK~~|**12.2%**
**5.2%**
**4.8%**
~~OK~~|32.4%
20.5%
12.8%
~~OK~~|
|North America
~~ren OK~~|**24.40%**
~~OK~~|28.80%
~~OK~~|
|United Kingdom|**6.6%**|13.3%|
partnerships with the HSE and Department of Health, where they work to achieve joint goals concerning physical activity and mental health. On 1 February 2024 parkrun Ireland CLG became a formal subsidiary of parkrun Global Limited. We are optimistic for continued growth in the country with a strong team and the right structure and governance.
South Africa continued on its journey to return to pre-pandemic participation levels, returning to pre-Covid levels of participation. This year saw South Africa celebrate its one millionth unique individual fi nisher. parkrun South Africa has continued to partner with Discovery Vitality, which has contributed to parkrun South Africa’s growth.
Across Mainland Europe, there were annual participation records set during this period, showing The Charity’s continual growth, year-on-year. We launched our 100[th] individual event in Poland and in doing so Poland became the 5[th] country to reach that
landmark across parkrun globally. With the support of our Presenting partner Brooks, we recruited new staff to focus on growth in Germany and the Netherlands. In addition to thriving in existing countries, parkrun expanded into a new country – parkrun Vingis in Vilnius, Lithuania. This has been the fi rst parkrun to start in a new country since we expanded into Austria in 2021. Vingis has been a great success, with an engaged volunteer team, local regulars and parkrunners from other countries, who have travelled to take part. The Charity looks forward to opening more events in Lithuania as interest continues to build.
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Building a global organisation ~~OO~~
**APAC** is split into Australia, New Zealand, Singapore, Malaysia and Japan. Across the region, parkrun’s volunteer ambassador team grew from 171 to 195. Supported by presenting partner Medibank, there were 25,574 events delivered in Australia, which was a 5% increase compared to the last financial year, with participation up 16.7% to 3.6 million. New Zealand saw 13 new events started and a participation increase of 48%. Two new events opened in Singapore, Bay East Garden launched in June 2024 and Bedok Reservoir was reopened in January 2025, returning for the first since it shut due to
the pandemic. parkrun in Japan followed the growth trend with events growing 12% and overall participation growing 35.6%. There is a strong volunteering culture in Japan and over 20% of participation at parkrun in Japan is volunteering. Presenting partner, Sumitomo Life, launched activations across Japan for the first time since they became a partner. parkrun Japan had the most walkers on the Sumitomo Life activation day. An event ambassador program was also launched in February and six event ambassadors were recruited to join eight speciality ambassadors.
Our **North America** region of USA and Canada, has continued its strong growth thanks to support from presenting partner Brooks, with 19 new events launched, which helped us achieve 302,217 finishes. 34,000 of those were parkwalks, demonstrating parkrun’s ability to reach a broader and less active audience who can benefit most. The region also welcomed volunteers who took part 58,000 times. Year-on-year the participation numbers in both the US and Canada were up: a 23% increase in the US and 37% up in Canada. This equates to 41,000 additional finishes and volunteer occasions in the USA and 38,000 more in Canada. We also held a successful ambassador conference, the first in North America since Covid, bringing together 23 ambassadors from both countries for the first time ever.
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Building a global organisation ~~TO~~
## **Safeguarding**
parkrun provides first-class safeguarding support and escalation points for the more than 2,600 events happening every weekend. During the 2024-2025 financial year, 415 global safeguarding incidents were successfully resolved. The majority of these were at lower severity levels, meaning the issues could be resolved by supporting individuals and teams without a requirement to involve authorities.
We also developed an incident management dashboard to identify trends and focus areas, which highlighted that the most commonly reported incidents were inappropriate behaviour at events and pushy parenting.
parkrun has this year improved guidelines for teams working with teenagers. We have completed, developed and delivered training for all staff as well as completed an end-to-end review of the junior parkrun model from a safeguarding perspective.
## **People**
The Charity’s staff headcount increased from 65 to 67 during the fiscal year. We grew the parkrun senior leadership team with a new Head of Digital and Data Transformation role added to support parkrun Global’s strategic focus in this area.
Our junior team also saw additions with outreach roles in Scotland and Wales allowing the junior parkrun team to broaden their impact and reach in these areas. We also added a safeguarding role, all supported by funding from the London Marathon Foundation.
Moreover, parkrun Global completed its first annual cycle of performance management where members of staff had objectives linked to strategic goals and formal reviews at the end of the year. This was supported by line management training and the implementation of a tool to support 1-2-1s, feedback, objectives setting and reviews.
## **First-class safeguarding support and escalation points for more than 2,600 events happening every single weekend**
## **Diversity, Equity and Inclusion (DEI)**
parkrun launched a DEI Survey to inform action planning in our biggest territories. This was the first time parkrun had access to representation metrics. The survey was a success in terms of response rate (10%) and it achieved the goal of informing UK priority groups for 2025. Our focus is on increasing participation in the Black and South Asian Communities as our initial research shows that we have the opportunity to make the biggest impact in these communities. To complement this, the internal DEI Survey also developed a representation baseline, to benchmark parkrun’s representation against national population levels.
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j' 2 Annual Report: 2024-2025
## **Commercial & fundraising**
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Commercial & fundraising
## **Commercial & fundraising**
**Fundraising income increased from £550k to £818k**
**Grants & event related income rose from £1.9m to £2.0m**
**Partnership income rose from £3.1m to £3.9m**
**Retail sales up from £3.8m to £4.1m**
**2023-2024 2024-2025**
**----- Start of picture text -----**
£4.1m
£3.9m
£3.8m
£3.1m
£2.0m
£1.9m
£818k
£550k
Fundraising Grants & event Partnership Retail
income related income income sales
**----- End of picture text -----**
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## ~~ee~~ Commercial & fundraising octun **New & renewing parkrun Global maintained several strong and valued partners partners this year and was delighted to welcome new partners in Australia, New Zealand, the UK and globally. partners in Australia, New Zealand, the UK and globally.**
**parkrun Global maintained several strong and valued partners this year and was delighted to welcome new partners in Australia, New Zealand, the UK and globally. partners in Australia, New Zealand, the UK and globally.**
## **Global Australia**
## **Germany Ireland Japan** o ouamrono ue **Netherlands New Zealand South Africa UK** @ Sp
SportsShoes.com became the offi cial retail partner globally, with commercial rights in the UK; Lorna Jane became the offi cial women’s activewear partner in Australia and New Zealand; Runna joined as the digital fi tness partner, alongside offi cial pain relief supporter Ibuleve in the UK; and Snap Fitness became a ‘friends of’ partner in Australia.
## **USA**
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Commercial & fundraising ~~ee~~ oct keUi **Some global partner highlights included: Vhi sunscreen campaign (EMEA)**
## **Vitality & breaking down barriers (UK):**
Our long-standing presenting partner in the UK, Vitality began working with us on a project to breakdown the barriers to participating. The project focused on inactives and those who would not consider parkrun to be for them, and encouraged more people to walk at parkrun. The ambitious plans set to launch in 2025 aim to increase the share of walkers at parkrun events from 3% to 6% over the duration of the partnership.
## **Medibank (APAC)**
Vhi launched their sun safety parkrun campaign with us, led by ambassador David Gillick and Vhi Consultant Dermatologist Dr Rebecca Hellen. As the presenting partner of parkrun Ireland, Vhi were raising awareness of the risks of sun exposure for parkrun participants and anyone who exercises outdoors. As part of the campaign, all summer, Vhi provided parkrun locations across Ireland with sunscreen for parkrun participants and ran an educational campaign on parkrun’s social channels to help people be sun safe, with helpful tips and reminders being posted ahead of parkruns. The sunscreen campaign with parkrun won the Best Social-First Campaign award at the 2025 Public Relations Consultancy Awards.
Medibank funded a four week publicity campaign to raise awareness of parkrun through ‘traditional’ advertising, which took the form of bus stop posters and street posters. The images used were of real parkrunners at a parkrun event, with the posters appearing in 737 locations across Queensland, New South Wales, Victoria, South Australia and Western Australia. Each location was close to the start/fi nish area of a parkrun and had high levels pedestrian traffi c. In each of the four weeks parkrun Australia saw record levels of registrations, and shortly aft er the campaign had an all-time attendance record of 95,000.
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Commercial & fundraising
## **Retail**
During this financial year, parkrun retail achieved strong financial performance, with net sales increasing by 7% to £3.5 million. Our gross profit rose by 34% to £1.5 million, driven by efficiencies resulting from our new partnership with our Official Retail Partner, Sportsshoes.com, where we have been able to reduce existing and future cost prices as well as improve margins.
Net profit saw a significant increase to £769,000, this 67% rise reflects continued optimisation of the supply chain and enhanced retail efficiency.
Visitors to our online store grew by 10%, reaching 1.13 million. The year marked the successful introduction of our first co-branded products with Hilly Socks, selling over 8,000 pairs and generating more than £93,000 in net sales.
Additionally, parkrun launched a new donation feature on our site, with 8,361 individuals contributing over £41,000. This further demonstrates the strength of community support for parkrun, support we couldn’t exist without.
## **Fundraising**
Fundraising is an ever important part of parkrun’s sustainability. Without it, we simply couldn’t continue to grow and provide access to free activity for millions of people around the world.
We are registered with the UK Fundraising Regulator and fully abide by their code of best practice. We have not received any fundraising complaints.
The vast majority of our fundraising is digital and any donations through our digital channels. We recognise that we have a duty of care to any donors to assess if they require additional support, special care or protection. Where we engage with vulnerable persons, vulnerable persons then we take action to ensure that we offer them the additional support that may be required.
We did not work with any professional fundraisers or have any commercial participators in our fundraising activity. We work with a variety of third party platforms which facilitate fundraising on our behalf. We review these platforms at least every 6 months and check their compliance against code 7 of the UK Fundraising Regulator’s code of practice.
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Commercial & fundraising
During this financial year, we had lots to celebrate, below are some of the highlights:
- We had our first London Marathon place which was used by our ambassador Ai Lyn Tan who managed to raise £4,000.
- We were also awarded 12 places in the TCS London Marathon for 2026-2030.
- Adam Kelly took on a mammoth two week fundraising challenge, which saw him run from the most eastern parkrun in England, to the most western parkrun in England to raise money for parkrun. He ran over 50km everyday and raised over £2,500.
- We launched our own bespoke donation platform, donate.parkrun.com. By working directly with payment processors on this new platform, we have lowered transaction fees. In 2024-2025 we raised over £145,000 from generous donors on the platform.
We want to say a massive thank you to the over 4,000 people donated towards keeping parkrun free, for everyone, forever.
- We were awarded a £30,000 grant from the Peter Harrison Foundation. This award focussed on setting up new junior parkrun events in economically challenged areas in the North West of England. The grant is spread over three years.
- We had 25 fundraisers take part in the Vitality London 10,000 raising over £4,000.
- Several generous members of the community left parkrun a legacy in their will amounting to £21,000.
- We implemented a CRM system to help us manage the stewardship of our donors and to help us process donations and gift aid in the UK.
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Annual Report: 2024-2025
## **Committees & Governance**
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Committees & Governance
## **Committees & Governance**
## **Organisational structure, governance and management**
parkrun Global Limited is a charitable company limited by guarantee, incorporated on 28 January 2015 in England and Wales (with company number 09411750) and registered with The Charity Commission for England and Wales (registered number 1170562) as a charity on 10 October 2017.
## **Organising running events that encourage community members to get involved either by walking, jogging, running or volunteering.**
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 charitable company’s objects are to promote community participation in health recreation.
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Committees & Governance
## **Trustee recruitment, appointment and training**
**Jeremy Townsend retired as Interim Chair of the Global Board on 1 January 2025. Helen Weir was elected as Chair on 1 January 2025.**
**Three new trustees were appointed to the Global Board in March 2025 – Aster Crawshaw, Tamara Rajah and Jonathan Pearson-Stuttard.**
Trustees are appointed in accordance with Sport England’s Code for Sport Governance and The Charity Governance Code. The Nominations Committee handles new trustee recruitment and new trustees are appointed by an ordinary resolution of the members or by co-option by the trustees. The minimum number of trustees is three and the maximum number is 12.
On joining the organisation, new trustees receive a full induction programme. This includes meeting the Chair and other trustees and spending time with the Executive team. In addition, they are encouraged to join members of the staff team on location, visiting event teams and meeting volunteers. They are given full access to the Executive team to develop their understanding of the organisation. They are also given a copy of The Charity Commission’s
guidance to become a new trustee (CC3). The Global Board meets four times a year with occasional additional meetings as needed. The trustee role is unremunerated, but trustees are able to claim expenses where relevant.
The Global Board is accountable for the work of the Charity. The role of the Global Board includes the approval of strategy; approval of the annual budget; holding the senior leadership team to account for the delivery of the business plan; the Annual Report and Accounts. The Board also retains oversight of management controls and corporate governance, along with the appointment of trustees and the Chief Executive.
All parkrun Global trustees complete training on their legal responsibilities for safeguarding in their capacity of trustees.
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Committees & Governance
## **Sub-committees**
parkrun Global has appointed four committees to help with the execution of its responsibilities. Members are appointed by the Global Board. The committees meet regularly and members as at 31 January 2025 were:
## **Nominations**
- Helen Weir (Chair),
- Christine Gibbons,
- Sonya Byers,
- John Vickers.
## **Finance and Audit**
- John Vickers (Chair),
- Nat Poulter.
**From May 2025, following the appointment of new trustees, the committees were restructured as follows:**
## **Finance & Audit Committee:**
- John Vickers (Chair),
- Nat Poulter,
## **Remuneration**
## **Governance and Risk**
- Tamara Rajah
- Helen Weir (Chair),
- Christine Gibbons.
## **Safeguarding**
- Gordon Seabright (Chair),
- Christine Gibbons,
- Helen Weir,
- Kate Chhatwal (independent member).
## **Governance & Risk Committee:**
- Aster Crawshaw (Chair),
- Gordon Seabright,
- Christine Gibbons,
- Helen Weir,
- Sarah Powell (Chair),
- Kate Chhatwal (independent member)
• Sonya Byers. **Safeguarding Committee:** • Sarah Powell (Chair), • Sonya Byers, • The parkrun Global Board delegates authority Head of Global Event Delivery, Head Jonathan Pearson-Stuttard to the Chief Executive and the Senior of Data & Digital Transformation, Leadership team for the day to day running supported by the Executive Assistant. **Nominations & Remuneration** of parkrun Global and its subsidiaries. **Committee:** During the financial year, the Board reviewed • The Senior Leadership Team during this and agreed organisational pay through Helen Weir (Chair), • financial year comprised of the Chief the annual budget and the Remuneration Christine Gibbons, • Executive, Head of Finance, Head of People Committee considered and approved Gordon Seabright, • and Culture, Head of Communications, the appointment and remuneration of John Vickers, Head of Commercial & Fundraising, new roles in the Executive Team. • Aster Crawshaw ~~—~~ 86
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~~—CCCFCFTF—F000C0C0C—C—F+—=F~~ Committees & Governance
## **The Charity Governance Code**
parkrun Global fully supports The Charity Governance Code, recognising its importance in promoting good governance. parkrun Global does and will continue to, improve its own governance where necessary in accordance with the Code and has an action plan in place to ensure full compliance with this and with Sport England’s Tier 3 Code of Sports Governance.
## **Subsidiaries**
parkrun Global Ltd has the following subsidiaries:
- **parkrun Limited**
- **parkrun Australia Ltd**
- **parkrun South Africa NPC**
- **parkrun US**
- **parkrun Canada**
- **parkrun Japan**
- **parkrun Ireland CLG** (Eff ective from 1 February 2024)
Each subsidiary is registered in its country of incorporation and has its own board, which is responsible for delivering parkrun, in line with the global framework within that territory.
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Committees & Governance ~~0~~
In addition to the territorial subsidiaries
listed above, parkrun Global Ltd has a wholly-owned non-charitable subsidiary, parkrun Trading Limited, which undertakes parkrun’s commercial activities. parkrun Trading Limited is incorporated as a company to conduct trading activities to support parkrun’s charitable objectives. It donates its profits to parkrun Global via a distribution. The payment from parkrun Trading Limited to parkrun Global in 20242025 was £163,889 (2023-2024 £164,631). parkrun Trading Limited is incorporated in England and Wales (with company number 06053983).
The Group Consolidated Statements include The Charity and its subsidiaries. The financial results for 2024-2025 of all subsidiaries are summarised in Note 14a to the Financial Statements.
## **Risk management**
The Governance and Risk Committee has responsibility for parkrun’s risk management policy and process and reviews the risk register on a quarterly basis with annual oversight by the Board.
The Risk Manager, in collaboration with the Senior Leadership Team, is responsible for maintaining and overseeing the risk register. This includes regularly reviewing significant operational and organisational risks and ensuring that appropriate internal controls and mitigation actions are in place.
The risk register assesses each risk based on its potential impact and likelihood. Ownership of individual risks is assigned to a member of the Senior Leadership Team, who is accountable for implementing and continuously improving the relevant controls, policies and procedures.
The trustees consider the principal risks to The Charity and its subsidiaries to be in the following areas:
## **Funding Volatility**
Funding volatility continues to be a pressure across the charity sector. For parkrun, this includes the legal and financial complexities of operating within a global structure, coupled with a recognised reliance on income from a small number of key territories.
Identifying and developing new fundraising streams must be carefully balanced with regulatory compliance — while operating within a strict budget framework.
To strengthen our financial resilience, we introduced and embedded a formal cash reserve policy, designed to provide a buffer
against unforeseen fluctuations in income. Our fundraising practices are fully aligned with the requirements of the Fundraising Regulator, helping to maintain public and donor confidence. To reduce dependency on a limited number of income sources, we have expanded our retail product offering and diversified our partnerships. All
partner relationships are now subject to enhanced due diligence and ongoing review to ensure alignment with parkrun’s values and long-term sustainability. Collectively, these measures have reinforced our ability to manage financial uncertainty while continuing to deliver our mission.
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Committees & Governance
## **Digital resilience and cyber security**
During the 2024-2025 financial year, we our growth. We have engaged trusted thirdsignificantly strengthened our approach to party experts to carry out regular penetration technology-related risks by embedding digital testing, security reviews and independent resilience at the heart of our operations. A system assessments. These actions are new Head of Digital & Data Transformation enhancing our cybersecurity posture, was appointed to provide strategic leadership strengthening data governance and ensuring and ensure that technology decisions align our platforms are secure, reliable and closely with organisational priorities. scalable. This work remains a priority and will Technology is now recognised as a crosscontinue through the 2025-2026 financial year. cutting priority, with dedicated Board oversight and resourcing — reflecting its critical role in supporting events and enabling
**Safeguarding and Medical Risk Management**
As parkrun continues to grow in size and reach, with thousands of children and vulnerable adults participating each week, the risk of a serious safeguarding or medical incident remains ever-present. To mitigate this, we ensure that every parkrun event has access to an Automated External Defibrillator (AED) and a basic first aid kit. In addition, we maintain and continually strengthen a centralised global system for reporting and overseeing all safeguarding and medical incidents and we ensure that suitable safeguarding controls and checks are in place for event volunteers. During this reporting period, we successfully resolved 415 safeguarding incidents globally. Notable initiatives
that supported this work included:
- **Refinements to our Sanctions Panel process** for handling safeguarding cases.
- • **Enhancements to our incident management dashboard** , providing better visibility and oversight.
• **Ongoing development of the Safeguarding Hub** , offering improved resources for volunteers and event teams.
- **Updated guidelines for working with teenagers** , ensuring ageappropriate support and boundaries.
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## Committees & Governance
These eff orts refl ect our commitment to providing a safe, supportive environment for all participants and volunteers and our continued focus on proactive risk management as parkrun evolves.
## **Unexpected Risks**
Despite strong risk planning, unexpected challenges did arise during the 2024-2025 fi nancial year. A key example was the reputational impact following stakeholder responses to the removal of specifi c information from event websites. This highlighted a need to improve stakeholder engagement and communications.
In response, we are strengthening our approach to decision-making communications — incorporating earlier consultation, clearer messaging and structured post-announcement support.
## **Serious Incidents**
There were no serious incidents that should have been reported to the Charity Commission and were not reported.
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Annual F2eport: 2024-2025
Financial Review
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Financial Review
## **Financial Review**
The financial year ending 31 January 2025 was the second year of our global five-year growth strategy.
There was an increase in turnover in both charitable and trading activities. We also saw an increase in retail, fundraising and sponsorship income throughout the year. **Total income increased by 17.6%** to £11,013,130 (2024 £9,365,583).
In comparison, our total expenditure only increased by 7.7% to £10,364,919 (2024: £9,627,280).
The increase in expenditure is due to higher operational costs, as well as further investment in staffing.
We expect to see continued growth in income along with rising expenditure as parkrun continues to grow around the world.
The Group has net assets of £3,708,081 (2024: £3,059,870), represented by unrestricted funds of £3,020,577 (2024: £2,432,746) and restricted funds of £687,504 (2024: £627,124).
The current reserves are broken down into unrestricted reserves (81.5%) and restricted reserves (18.5%).
Restricted funds, provided through parkrun event donations, continue to help support costs at individual events. The trustees are grateful for the continued support from the participants themselves. At the year end, these restricted funds were £512,504 (including event funding in parkrun Ireland CLG; up from the 2024 position of £452,124). These enable support for individual event specific funding requirements going forward.
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## **Reserves Policy**
The trustees have considered the future viability of the Group and its ability to continue as a going concern, while regularly monitoring cash flow forecasts. Having reviewed the makeup of the Group’s working capital and net current assets position at the year-end, the trustees are confident that the Group has sufficient resources to continue with its operations and seek to achieve its objectives. Consequently, the financial statements have been prepared on a going concern basis.
The current reserves position shows our Restricted funds totaling £687,504 (2024 £627,124) and the General funds total £3,020,577 (2024 £2,432,746). The detail of the funding provided is given in Note 22 of the accounts.
As a growing organisation, it is important to ensure we have a level of reserves that will enable us to meet our financial obligations, (including lease commitments, insurance and staff salaries, as well as supplier payments)
should there be an unexpected interruption in income, or unforeseen economic circumstances, which adversely affect the ability of the organisation to raise funds.
The reserves policy is calculated and assessed according to an overall risk policy. Due to fixed assets being required for the functional operation of The Charity, the general reserves after deducting the fixed assets figure is £1,739,083. The trustees have targeted a free reserves position of at least 3
months’ total expenditure (excluding retail costs), by the end of the 2025-2026 financial year. Currently our free reserves position is 2.9 months (2.2 months 2023-2024).
Financial Review ~~TC~~
## **Revenue generation**
The trustees support a responsible approach to increasing the scale of parkrun and endorse a strategy of a diversification of revenue streams to support the growing overheads. Revenue can be broken down into three definitive areas: Fundraising & Grant Funding, Sponsorship and Retail.
## **Fundraising & Grant Funding**
management of donors and their gifts. Public donations to parkrun Global increased in 2024-2025 to £621,320 (2023-2024 £383,395). Most notably the launch of our direct donation feature on the parkrun website, alongside the existing parkrun Forever product, was the largest contributor. In addition, donations through the parkrun shop, gifts in wills and supporters taking part in fundraising events contributed to the growth.
“ Public fundraising is now an established a and growing income stream for parkrun tt hyte : t; with donations received from individuals, corporations and charitable foundations. 1, y)‘.| The organisation has invested in its infrastructure to support its growing . 8 donor base and in the financial year we have implemented a CRM database system to enable the on-going stewardship and
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Financial Review ~~Be~~
parkrun continues to be the recipient of a £1 million per annum grant from Sport England to further our health and participation objectives. The grant runs for five years, from 2022-2027. The three year funding agreement with the London Marathon Charitable Foundation for junior parkrun continues with £321,400 awarded for the 2024-2025 financial year (2023-2024 £105,833).
## **Sponsorship**
parkrun continues to partner with commercial organisations to promote their brand to the parkrun community and for the value of aligning their brand with parkrun’s mission and ethos.
parkrun continues to be highly selective of partners, ensuring there is a shared ethos and values.
parkrun’s commercial partners get access to a ‘rights package’, which includes access to parkrun’s digital inventory (social channels, website and newsletters); the right to attend events; access to the email database; along with the right to use the parkrun logo. The ‘rights package’ fee varies depending on territory and level of package.
## **Retail: parkrun shop**
The parkrun shop offers a range of high-quality parkrun merchandise alongside a selection of third party products to the community. The parkrun shop and its products continue to provide a route for parkrunners to support the on-going running costs of parkrun.
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## **Statement of trustees’ responsibilities**
The trustees (who are also directors of parkrun Global Limited for the purposes of company law) are responsible for preparing the trustees’ annual report, including the strategic report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and group and of the incoming resources and application of resources, including the income and expenditure, of the charitable company or group 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
- Make judgements and estimates that are reasonable and prudent
- State whether applicable UK Accounting Standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements
- Prepare the financial statements on the going concern basis unless it is inappropriate to presume that The Charity will continue in operation
Each of the trustees confirms that:
- So far as the trustee is aware, there is no relevant audit information of which the charitable company’s auditor is unaware
- The trustee has taken all the steps that they ought to have taken as a trustee in order to make them aware of any relevant audit information and to establish that the charitable company’s auditor is aware of that information.
This confirmation is given and should be interpreted in accordance with the provisions of s418 of the Companies Act 2006.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company’s website. Legislation
in the UK governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
The trustees’ annual report which includes the strategic report has been approved by the trustees on 13 October 2025 and signed on their behalf by
## **Helen Weir CBE**
Chair, parkrun Global Board
The trustees are responsible for keeping proper 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 and the Group and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
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* Annual Report: 2024-2025 "p ." ‘ a ~~a~~ .
## **Independent Auditor’s Report**
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Independent Auditor’s Report
## **Independent Auditor’s Report**
Independent auditor’s report to the members of parkrun Global Limited
## **Opinion**
We have audited the financial statements of parkrun Global Limited (the ‘parent charitable company’) and its subsidiaries (the ‘group’) for the year ended 31 January 2025 which comprise the consolidated statement of financial activities, the Group and parent charitable company balance sheets, the consolidated statement of cash flows and the notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
In our opinion, the financial statements:
- Give a true and fair view of the state of the Group’s and of the parent charitable company’s affairs as at 31 January 2025 and of the Group’s incoming resources and application of resources, including its income and expenditure, for the year then ended
- Have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice
- Have been prepared in accordance with the requirements of the Companies Act 2006 and the Charities Act 2011
## **Basis for opinion**
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the Group financial statements section of our report. We are independent of the Group and parent charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
## **Conclusions relating to going concern**
In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on parkrun Global Limited’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
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~~ee~~ Independent Auditor’s Report olan
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.
## **Other Information**
inconsistent with the Group financial statements or our knowledge obtained in the course of the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the Group financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
The other information comprises the information included in the trustees’ annual report, including the strategic report, other than the Group financial statements and our auditor’s report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the Group financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially
We have nothing to report in this regard.
**Opinions on other matters prescribed by the Companies Act 2006**
In our opinion, based on the work undertaken in the course of the audit:
- The information given in the trustees annual report, including the strategic report, for the financial year for which the financial statements are prepared is consistent with the financial statements.
- The trustees’ annual report, including the strategic report, has been prepared in accordance with applicable legal requirements.
**Matters on which we are required to report by exception**
In the light of the knowledge and understanding of the Group and the parent charitable company and their environment obtained in the course of the audit, we have not identified material misstatements in the trustees’ annual report, including the strategic report.
We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 and Charities Act 2011 requires us to report to you if, in our opinion:
- Adequate accounting records have not been kept by the parent charitable company, or returns adequate for our audit have not been received from branches not visited by us; or
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- Independent Auditor’s Report ~~ee~~ octkeun • The parent charitable company financial * A - intend to liquidate the Group or the parent * |
- statements are not in agreement with a ‘ r ’ charitable company or to cease operations, or the accounting records and returns; or have no realistic alternative but to do so.
- Certain disclosures of trustees’ remuneration specified by law are not made; or
- We have not received all the information and explanations we require for our audit.
## **Responsibilities of trustees**
As explained more fully in the statement of trustees’ responsibilities set out in the trustees’ annual report, the trustees (who are also the directors of the parent charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the Group’s and the parent charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either
## **Auditor’s responsibilities for the audit of the financial statements**
We have been appointed auditor under the Companies Act 2006 and section 151 of the Charites Act 2011 and report in accordance with those Acts.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error and to issue an auditor’s could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud are set out below.
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Independent Auditor’s Report
## **Capability of the audit in detecting irregularities**
In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and noncompliance with laws and regulations, our procedures included the following:
- We enquired of management, Finance and Audit Committee, which included obtaining and reviewing supporting documentation, concerning the Group’s policies and procedures relating to:
ԅ Identifying, evaluating and complying with laws and regulations and whether they were aware of any instances of non-compliance;
ԅ Detecting and responding to the risks of fraud and whether they have knowledge of any actual, suspected, or alleged fraud;
ԅ The internal controls established to mitigate risks related to fraud or noncompliance with laws and regulations.
- We inspected the minutes of meetings of those charged with governance.
- We obtained an understanding of the legal and regulatory framework that the
Group operates in, focusing on those laws and regulations that had a material effect on the financial statements or that had a fundamental effect on the operations of the Group from our professional and sector experience.
• We communicated applicable laws and regulations throughout the audit team and remained alert to any indications of non-compliance throughout the audit.
- We reviewed any reports made to regulators.
- We reviewed the financial statement disclosures and tested these to supporting documentation to assess compliance with applicable laws and regulations.
- We performed analytical procedures to identify any unusual or unexpected relationships that may indicate risks of material misstatement due to fraud.
- In addressing the risk of fraud through management override of controls, we
tested the appropriateness of journal entries and other adjustments, assessed whether the judgements made in making accounting estimates are indicative of a potential bias and tested significant
transactions that are unusual or those outside the normal course of business.
Because of the inherent limitations of
## **Use of our report**
an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as
This report is made solely to the charitable company’s members as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006 and section 144 of the Charities Act 2011 and regulations made under section 154 of that Act. Our audit work has been undertaken so that we might state to the charitable company’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company’s members as a body, for our audit work, for this report, or for the opinions we have formed.
we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.
A further description of our responsibilities is available on the Financial Reporting
Council’s website at: www.frc.org.uk/ auditorsresponsibilities. This description forms part of our auditor’s report.
## **Fleur Holden**
(Senior statutory auditor) Date 20 October 2025
for and on behalf of Sayer Vincent LLP, Statutory Auditor 110 Golden Lane, LONDON, EC1Y 0TG
Sayer Vincent LLP is eligible to act as auditor in terms of section 1212 of the Companies Act 2006
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Annual Report: 2024-2025
## ) **Financial statements**
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Financial statements
## **Financial statements**
Consolidated statement of fi nancial activities (incorporating an income and expenditure account) **For the year ended 31 January 2025**
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2 0 2 5 2024
Unrestricted Restricted Total Unrestricted Restricted Total
Note £ £ £ £ £ £
Income from:
Donations 2 621,320 196,324 817,644 383,395 166,584 549,979
Charitable activities
Event & Grant related income 3 296,854 1,742,787 2,039,641 793,108 1,155,833 1,948,941
Other trading activities 4 7,984,958 7,984,958 6,844,094 6,844,094
Investments 5 24,481 24,481 22,569 22,569
Other 6 107,149 39,257 146,406
Total income 9,034,762 1,978,368 11,013,130 8,043,166 1,322,417 9,365,583
Expenditure on:
Raising funds 7a 5,108,148 5,108,148 4,310,251 4,310,251
Charitable activities
Event related expenses 7a 3,333,899 1,917,988 5,251,887 4,044,976 1,272,053 5,317,029
Tax payable by subsidiaries 12 4,884 4,884
Total expenditure 8,446,931 1,917,988 10,364,919 8,355,227 1,272,053 9,627,280
Net movement in funds 587,831 60,380 648,211 (312,061) 50,364 (261,697)
Reconciliation of funds:
Total funds brought forward 2,432,746 627,124 3,059,870 2,744,807 576,760 3,321,567
Total funds carried forward 3,020,577 687,504 3,708,081 2,432,746 627,124 3,059,870
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## **Balance sheets as at 31 January 2025**
## **Company number: 09411750**
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The Group The Charity
2025 2024 2025 2024
Note £ £ £ £
Fixed assets:
Tangible assets 13 1,281,494 1,190,040 123,529 142,941
Investments 14 1,000 1,000
1,281,494 1,190,040 124,529 143,941
Current assets:
Stock 16 883,670 1,123,957
Debtors 17 1,617,583 1,679,220 748,630 1,170,261
Cash at bank and in hand 2,201,236 1,604,731 500,197 178,646
4,702,489 4,407,908 1,248,827 1,348,907
Liabilities
Creditors: amounts falling due within one year 18 (2,275,902) (2,521,438) (163,722) (222,259)
Net current assets 2,426,587 1,886,470 1,085,105 1,126,648
Total assets less current liabilities 3,708,081 3,076,510 1,209,634 1,270,589
Creditors: amounts falling due after one year 19 (16,640)
Total net assets 3,708,081 3,059,870 1,209,634 1,270,589
Funds: 22a
Restricted income funds 687,504 627,124
Unrestricted income funds 3,020,577 2,432,746 1,209,634 1,270,589
Total funds 3,708,081 3,059,870 1,209,634 1,270,589
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Approved by the trustees on 13 October 2025 and signed on their behalf by
All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. Movements in funds are disclosed in Note 22a to the fi nancial statements.
H A Weir (Director)
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Financial statements
##
|**Consolidated statement of cash fl ows**||
|---|---|
|**For the year ended 31 January 2025**
**£**
**£**
Cash fl ows from operating activities
Net income/(expenditure) for the reporting period
(as per the statement of fi nancial activities)
**648,211**
Depreciation charges
**250,053**
Interest receivable
**(24,481)**
Cash received on acquisition of subsidiary
**(169,946)**
Loss on the disposal of fi xed assets
**2,929**
Decrease in stocks
**240,287**
Decrease/(Increase) in debtors
**61,637**
(Decrease)/Increase in creditors
**(235,509)**
**2 0 2 5**|£
£
(261,697)
230,072
(22,569)
102,058
(585,277)
117,629
**2 0 2 4**
~~ns~~|
|**Net cash provided by / (used in) operating activities**
**773,181**
**Cash fl ows from investing activities:**
Cash receieved on acquisition of subsidary
**169,946**
Interest received
**24,481**
Purchase of fi xed assets
**(344,436)**
**Net cash (used in) investing activities**
**(150,009)**
**623,172**
**Cash fl ows from fi nancing activities:**
Repayments of borrowing
**(26,667)**|(419,784)
22,569
(434,349)
(411,780)
(831,564)
(8,538)
~~ns~~|
|Net cash (used in) fi nancing activities
**(26,667)**
**Change in cash and cash equivalents in the year**
**596,505**
Cash and cash equivalents at the beginning of the year
**1,604,731**|(8,538)
(840,102)
2,444,833|
|**Cash and cash equivalents at the end of the year**
**2,201,236**|1,604,731|
|||
## **Analysis of cash and cash equivalents and of net Debt**
> **123** oy 2 Gee
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Financial statements
## **statements**
Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy or note.
parkrun has a number of income streams ranging from grants, partners and supporters, to retail sales and fundraising, via donations and event related income.
**For the year ended 31 January 2025**
## **1 Accounting policies**
## **a) Statutory information**
parkrun Global Limited is a charitable company limited by guarantee, incorporated and registered in England and Wales. The company’s registered office address and principal place of business is Frameworks, 2 Sheen Road, Richmond, TW9 1AE.
## **b) Basis of preparation**
The financial statements have been prepared in accordance with 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) – (Charities SORP FRS 102), The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
## **Basis of consolidation**
These financial statements consolidate the results of The Charity and its wholly-owned subsidiaries parkrun Limited, parkrun Trading Limited, Parkrun South Africa NPC, parkrun Australia Ltd and parkrun Ireland CLG on a line by line basis. Transactions and balances between The Charity and its subsidiaries have been eliminated from the consolidated financial statements. Balances between the six entities are disclosed in the notes of The Charity’s balance sheet. A separate statement of financial activities, or income and expenditure account, for The Charity itself is not presented as a summary of the result for the year is disclosed in the notes to the accounts.
Under Section 408 of the Companies Act 2006 the Company is exempt from the requirement to present its own profit and loss account.
parkrun USA and parkrun Canada are not consolidated within the financial statements as the directors believe the relationships will not continue in their current form and their inclusion within the consolidation has no significant bearing on the results for the year.
In applying the financial reporting framework, the trustees have made a number of subjective judgements; for example in respect of significant accounting estimates. Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The nature of the estimation means the actual outcomes could differ from those estimates. Any significant estimates and judgements affecting these financial statements are detailed within the relevant accounting policy below.
## **c) Public**
The Charity meets the definition of a public benefit entity under FRS 102.
## **d) Going concern**
The trustees consider that there are no material uncertainties about The Charity’s ability to continue as a going concern.
With contracts and agreements in place over a number of years, parkrun firmly believes there are currently no foreseeable circumstances which would question the continuation of parkrun for at least 12 months. Therefore the trustees believe that the current level of financial support is sufficient to enable parkrun to continue and operate as a going concern.
The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period.
## **e) Income**
Income is recognised when The Charity has entitlement to the funds, any performance conditions attached to the income have been met, it is probable that the income will be received and that the amount can be measured reliably.
Income from government and other grants, whether ‘capital’ grants or ‘revenue’
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Financial statements ~~OO~~
grants, is recognised when The Charity has included when receivable and the amount entitlement to the funds and any performance can be measured reliably by The Charity; conditions attached to the grants have this is normally upon notification of the been met; it is probable that the income interest paid or payable by the bank.
included when receivable and the amount
entitlement to the funds and any performance conditions attached to the grants have been met; it is probable that the income will be received and the amount can be measured reliably and is not deferred.
## **g) Fund accounting**
Income received in advance of the provision of a specified service is deferred until the criteria for income recognition are met.
Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these criteria is charged to the fund.
Receipt of a legacy must be recognised when it is probable that it will be received. Therefore, we only recognise legacy income in full, once all of the below criteria has been met and once the executors have notified parkrun in writing that a payment will be made. Until then we do not recognise any of the income within the accounts. Receipt is normally probable when:
Unrestricted funds are donations and other incoming resources received or generated for the charitable purposes.
## **h) Expenditure and irrecoverable VAT**
- there has been grant of probate;
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:
- the executors have established that there are sufficient assets in the estate, after settling any liabilities, to pay the legacy;
- any conditions attached to the legacy are either within the control of The Charity or have been met.
- Costs of raising funds relate to the costs incurred by The Charity in inducing third parties to make voluntary contributions to it, as well as the cost of any activities with a fundraising purpose.
## **f) Interest receivable**
• Expenditure on charitable activities includes the costs of running events undertaken to further the purposes of The Charity and their associated support costs.
- Other expenditure represents those items not falling into any other heading.
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
## **i) Allocation of support costs**
Resources expended are allocated to the particular activity where the cost relates directly to that activity.
Support and governance costs are reallocated to each of the activities on the following basis which is an estimate, based on staff time, of the amount attributable
to each activity. A detailed review of staff time and some re classifications in 2025 has resulted in a change-in the reallocation percentages from last year.
- Organising parkrun events: 75 % (2024: 88%)
- Commercial expenditure: 25% (2024: 12%)
Governance costs are the costs associated with the governance arrangements of The Charity. These costs are associated with constitutional and statutory requirements and include any costs associated with the strategic management of The Charity’s activities.
## **j) Operating leases**
Rental charges are charged on a straight line basis over the term of the lease.
Interest on funds held on deposit is
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##
Items of equipment are capitalised where the purchase price exceeds £500. Depreciation costs are allocated to activities on the basis of the use of the related assets in those activities. Assets are reviewed for impairment if circumstances indicate their carrying value may exceed their net realisable value and value in use.
Depreciation is provided at rates calculated to write down the cost of each asset to its estimated residual value over its expected useful life. The depreciation rates in use are as follows:
- Plant and machinery: 33% on cost and 10% on cost
- Fixtures and fittings: 20% on cost
- Computer equipment: 50% reducing balance and 33% on cost
## **l) Investments in subsidiaries**
Investments in subsidiaries are at cost.
## **m) Stocks**
Stocks are stated at the lower of cost and estimated selling price. In general, cost is determined on a first in first out basis and includes transport and handling costs. Provision is made where necessary for obsolete, slow moving and defective stocks.
## **n) Debtors**
Trade and other debtors are recognised at the settlement amount due. Prepayments are valued at the amount prepaid.
## **o) Cash at bank and in hand**
Cash at bank and cash in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
## **p) Creditors and provisions**
result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
## **q) Financial instruments**
The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised
at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
## **r) Pensions**
The Group operates a defined contribution pension scheme. Contributions payable to the Group’s pension scheme are charged to expenditure in the period to which they relate.
Creditors and provisions are recognised where The Charity has a present obligation resulting from a past event that will probably
~~a~~ e 129
128
Financial statements
## **2 Income from donations**
**----- Start of picture text -----**
2025 2024
Unrestricted Restricted Total Unrestricted Restricted Total
£ £ £ £ £
Gifts and donations 621,320 196,324 817,644 383,395 166,584 549,979
621,320 196,324 817,644 383,395 166,584 549,979
3 Income from charitable activities
2025 2024
Unrestricted Restricted Total Unrestricted Restricted Total
£ £ £ £ £ £
Event related income 296,854 296,854 793,108 793,108
Grants 1,742,787 1,742,787 1,155,833 1,155,833
Total income from charitable activities 296,854 1,742,787 2,039,641 793,108 1,155,833 1,948,941
**----- End of picture text -----**
The detail of restricted grants is given in Note 22.
Ireland which at the time was not a subisidiary. The 2024 event related income included £199,667 for South Africa that should have been removed on consolidation. Within the consolidated fi gures for 2024 this contras with an expense for the same amount. The trustees do not consider an adjustment is required to the 2024 fi gures as there is no overall eff ect on the results.
Event related income shown above has fallen in the current year, as we have reclassifi ed some event related income into Grant income due to the way we receive some funding within parkrun Australia. The 2024 fi gures also include £181,110 in relation to parkrun
## **4 Income from other trading activities**
**----- Start of picture text -----**
2025 2024
Unrestricted Restricted Total Unrestricted Restricted Total
£ £ £ £ £ £
Retail sales 4,068,057 4,068,057 3,760,889 3,760,889
Corporate sponsorship 3,916,901 3,916,901 3,083,205 3,083,205
7,984,958 7,984,958 6,844,094 6,844,094
5 Income from investments
2025 2024
Unrestricted Restricted 2025 Total Unrestricted Restricted 2024 Total
£ £ £ £ £ £
Bank Interest 24,481 24,481 22,569 22,569
24,481 24,481 22,569 22,569
6 Other income
2025 2024
Unrestricted Restricted Total Unrestricted Restricted Total
£ £ £ £ £ £
Fair value of net assets received on the
acquisition of parkrun Ireland. 107,149 39,257 146,406
(see note 14)
107,149 39,257 146,406
**----- End of picture text -----**
Included within the reserves of parkrun Ireland at the date of acquisition were event related donations of £39,257.
130
131
Financial statements
## **7a Analysis of expenditure (current year)**
|**Charitable**
**activities**
Raising
funds
Event related
Governance
costs
Support costs
**2025 Total**
£
£
£
£
**£**
Staff costs (Note 9)
768,568
2,271,014
707,115
**3,746,697**
Retail and advertising costs
3,248,380
**3,248,380**
Direct event costs
816,019
**816,019**
Event equipment depreciation
205,335
**205,335**
Offi ce and admin
285,735
605,357
296,493
**1,187,585**
Consultancy and agency fees
368,261
**368,261**
Software and IT costs
53,876
71,834
53,876
**179,586**
Travel and staff expenses
58,100
259,109
101,674
**418,883**
Legal and professional
11,883
83,182
66,296
27,928
**189,289**|2024 Total
£
3,507,376
3,138,351
662,019
183,795
1,093,259
317,408
152,706
345,824
226,542|
|---|---|
|4,794,803
4,311,850
66,296
1,187,086
**10,360,035**
Support costs
296,771
890,315
(1,187,086)
Governance costs
16,574
49,722
(66,296)|9,627,280|
|**Expenditure before taxation 2025**
**5,108,148**
**5,251,887**
**10,360,035**||
|**Expenditure before taxation 2024**
4,310,251
5,317,029|9,627,280|
## **7b Analysis of expenditure (prior year)**
|**7b Analysis of expenditure (prior year)**||
|---|---|
|**Raising**
**funds**
**Event related**
**Governance costs**
**Support costs**
**£**
**£**
**£**
**£**
**Staf**f**costs (Note 9)**
**704,746**
**2,129,874**
**672,756**
**Retail and advertising costs**
**3,138,351**
**Direct event costs**
**662,019**
**Event equipment depreciation**
**183,795**
**Of**fi**ce and admin**
**75,968**
**653,083**
**364,208**
**Consultancy and agency fees**
**247,031**
**70,377**
**Software and IT costs**
**122,165**
**30,541**
**Travel and staf**f**expenses**
**306,242**
**39,582**
**Legal and professional**
**132,336**
**63,228**
**30,978**
**C h a r i t a b l e a c t i v i t i e s**
**Charitable**
**activities**|**2024 Total**
**£**
**3,507,376**
**3,138,351**
**662,019**
**183,795**
**1,093,259**
**317,408**
**152,706**
**345,824**
**226,542**|
|**4,166,096**
**4,259,891**
**63,228**
**1,138,065**
**Support costs**
**136,568**
**1,001,497**
**(1,138,065)**
**Governance costs**
**7,587**
**55,641**
**(63,228)**|**9,627,280**|
|**Expenditure before taxation 2024**
**4,310,251**
**5,317,029**|**9,627,280**|
132
133
Financial statements ~~TO~~
## **8 Net income / (expenditure) for the year**
This is stated aft er charging / (crediting):
||**2025**
**£**|2024
£|
|---|---|---|
|Depreciation|**250,053**|230,072|
|Loss on disposal of fi xed assets
Interest payable
Operating lease rentals:
Property
Auditor’s remuneration (excluding VAT):
Audit of Charity
Audit of subsidiary companies
Overseas audit fees
Foreign exchange (gains) or losses|**2,929**
**1,903**
**250,581**
**6,600**
**19,400**
**12,368**
**46,177**|1,079
218,282
5,350
18,400
8,701
96,199|
## **9 Analysis of staff costs, trustee remuneration and expenses and the cost of key management personnel**
Staff costs were as follows:
||**2025**
**£**|2024
£|
|---|---|---|
|Salaries and wages|**3,160,749**|3,004,761|
|Social security costs|**274,711**|226,415|
|Employer’s contribution to defi ned contribution pension schemes|**304,739**|269,298|
|Other forms of employee benefi ts|**6,498**|6,902|
||**3,746,697**|3,507,376|
The following number of employees received employee benefi ts (excluding employer pension costs and employer’s national insurance) during the year between:
|£60,000 - £69,999|**2025**
2024
**No.**
No.
**5**|
|---|---|
|£70,000 - £79,999|**2**
5|
|£80,000 - £89,999|**3**
3|
|£90,000 - £99,999|**2**
3|
|£100,000 - £109,999|**2**|
|£120,000 - £129,999|1|
|£140,000 - £149,999|**1**
1|
|£160,000 - £169,999|**1**|
**134**
135
Financial statements
## **11 Related party transactions**
The trustees have identifi ed ten key management personnel during the year (2024: nine). The total employee benefi ts (including pension contributions and employer’s national insurance) of the key management personnel were £1,191,812 (2024: £988,749).
There were no related party transactions in the year ended 31 January 2025. Transactions arising in earlier years were disclosed in prior year accounts.
The Charity trustees were neither paid nor received any other benefi ts from employment with The Charity in the year (2024: £nil). No charity trustees received payment for professional or other services supplied to The Charity (2024: £nil).
## **12 Taxation**
The Charity is exempt from corporation tax as all its income is charitable and is applied for charitable purposes. If The Charity’s UK trading subsidiaries parkrun Limited, parkrun Trading Limited are liable to tax in any particular year they distribute under Gift Aid available profi ts to the parent charity. No provision is made for deferred tax by any of the companies within the charitable group, as the likelihood of any tax arising is remote.
The trustees incurred travel expenses of £600 in the year ended 31 January 2025. (2024 : £nil).
## **10 Average staff numbers**
The average number of employees (head count based on number of staff employed) during the year was 62 (2024: 56).
**----- Start of picture text -----**
|||
|---|---|
|2025|2024|
|£|£|
|UK corporation tax at 19%|
|Tax payable by Irish subsidiary at 12.5%|4,884|
|4,884|
**----- End of picture text -----**
##
**----- Start of picture text -----**
||||||||
|---|---|---|---|---|---|---|
|The Group|Fixtures &f|i|ttings|equipmentComputer|Plant & machinery|Total|
|Cost|£|£|£|£|
|At the start of the year|207,341|116,847|1,800,496|2,124,684|
|Additions in year|11,043|333,393|344,436|
|Disposals in year|(4,719)|(4,719)|
|At the end of the year|207,341|127,890|2,129,170|2,464,401|
|Depreciation|
|At the start of the year|59,977|87,485|787,182|934,644|
|Charge for the year|21,202|23,516|205,335|250,053|
|Eliminated on disposal|(1,790)|(1,790)|
|At the end of the year|81,179|111,001|990,727|1,182,907|
|Net book value|
|At the end of the year|126,162|16,889|1,138,443|1,281,494|
|At the start of the year|147,364|29,362|1,013,314|1,190,040|
**----- End of picture text -----**
Included within additions above are assets acquired from parkrun Ireland at a net book value of £2,049.
All of the above assets are used for charitable purposes.
136
137
Financial statements
**----- Start of picture text -----**
The Charity Fixtures & f i ttings Total
Cost £ £
At the start of the year 181,002 181,002
At the end of the year 181,002 181,002
Depreciation
At the start of the year 38,061 38,061
Charge for the year 19,412 19,412
At the end of the year 57,473 57,473
Net book value
At the end of the year 123,529 123,529
At the start of the year 142,941 142,941
**----- End of picture text -----**
## **14 Investment in subsidiary undertakings**
The parent charity’s investments at the Balance Sheet date in the share capital of companies include the following:
**----- Start of picture text -----**
2025 2024
£ £
Cost b/fwd and c/fwd 1,000 1,000
**----- End of picture text -----**
The investment above relates to The Charity’s 100% share holding in parkrun Trading Limited, other subsidiaries do not have share capital but are limited by guarantee and an overview of their results and reserves is shown below.
All activities have been consolidated on a line by line basis in the statement of fi nancial activities. Available profi ts are distrbuted under Gift Aid to the parent charity from the UK subsidiaries.
## **parkrun Limited**
The Charity is the sole member of parkrun Limited, a company registered in England. The company number is 07289574. The registered offi ce address is Frameworks, 2 Sheen Road, Richmond, TW9 1AE.
Included within turnover below is a management charge of £2,650,000 (2024: £2,650,000) to parkrun Trading Ltd for the supply of staff and support services. Turnover also includes a management charge of £200,000 (2024 : Nil) to parkrun Global Ltd the parent charity.
## **parkrun Trading Limited**
The Charity owns the whole of the issued ordinary share capital of parkrun Trading Limited, a company registered in England. The company number is 06053983. The registered offi ce address is Frameworks, 2 Sheen Road, Richmond, TW9 1AE.
The subsidiary is used for nonprimary purpose trading activities.
The trustee J A Vickers is also a director of the subsidiary.
Included within Administrative expenses below is a management charge of £2,650,000 (2024: £2,650,000) from parkrun Ltd who supplies staff and support services to parkrun Trading Limited.
## **parkrun South Africa NPC**
The Charity is the sole member of parkrun South Africa NPC , a company registered in South Africa. The company number is 2011/132302/08. The registered offi ce address is 6 Barkly Road, Parktown, 2193.
## **parkrun Australia Ltd**
The Charity became the sole member of parkrun Australia Ltd on the 16th July 2021, a company registered in Australia. The company number is ABN 23 199 156 745. The registered offi ce address is Unit 10 8286 Minnie Street Southport QLD 4215. The inclusion of parkrun Australia as a subsidiary was detailed in the 2022 fi nancial statements.
## **parkrun Ireland CLG**
The Charity became the sole member of parkrun Ireland CLG on the 1st February 2024, a company registered in Ireland. The company number is 520931. The registered offi ce address is Herbert House, 18-22 Pembroke Road, Dublin 4, Dublin. No consideration was paid in respect of the acquisition.
138
139
Financial statements
## **Acquisition of parkrun Ireland**
**----- Start of picture text -----**
|||||
|---|---|---|---|
|The Charity|Book values|Fair value adjustments|Fair values at acquisition|
|Cost|£|£|£|
|Fixed assets|2,050|2,050|
|Net current assets|144,356|144,356|
|Net assets acquired|146,406|146,406|
|Costs of acquisition|
|Net assets acquired|146,406|146,406|
**----- End of picture text -----**
On 1 February 2024 we acquired parkrun Ireland CLG into the Group. Included within the reserves of Ireland at the date of acquisition were £39,257 of restricted reserves relating to donations specifi c to parkrun Ireland events.
As per the operating model of parkrun Australia Ltd and parkrun South Africa NPC, which have both successfully developed as a subsidiary of parkrun Global, we felt the time was right to bring parkrun Ireland CLG into the Group. The benefi ts for parkrun Ireland CLG include the additional support and expertise within the parkrun Global operating model, especially in areas such as event delivery, fi nance and safeguarding.
## **A summary of the results of the subsidiaries is shown below:**
Amounts owed to/from the parent undertaking are shown in notes 17 and 18.
## **14a Results of the subsidiaries: Current year**
**----- Start of picture text -----**
|||||||
|---|---|---|---|---|---|
|parkrun|parkrun Ireland|
|parkrun|parkrun|South Africa|parkrun|CLG from 1 Feb|
|Limited|Trading Ltd|NPC|Australia Ltd|2024|
|2025|2025|2025|2025|2025|
|£|£|£|£|£|
|Turnover|1,514,145|6,515,098|9,673|1,473,383|436,417|
|Turnover from recharges to subsidiary|2,650,000|
|Turnover from recharges to parent|200,000|190,403|
|Cost of sales|(2,881,655)|(367,706)|
|Gross profi t|4,364,145|3,633,443|200,076|1,105,677|436,417|
|Administrative expenses|(4,176,751)|(442,232)|(196,349)|(934,471)|(223,454)|
|Management charge payable to|
|(2,650,000)|
|fellow subsidiary|
|Management charge payable to parent undertaking|(219,361)|(177,086)|
|Profi t on ordinary activities before interest and|
|187,394|541,211|3,727|(48,155)|35,877|
|taxation|
|Interest receivable and similar income|10,605|
|Interest payable|(32)|
|Profi t on ordinary activities before taxation|187,394|541,179|3,727|(37,550)|35,877|
|Taxation on profi t on ordinary activities|(4,884)|
|Profi t for the fi nancial year|187,394|541,179|3,727|(37,550)|30,993|
|Retained earnings|
|Total retained earnings brought forward|451,195|144,111|23,522|996,359|146,406|
|Profi t for the fi nancial year|187,394|541,179|3,727|(37,550)|30,993|
|Distribution under Gift Aid to parent charity|(163,889)|
|o*|
|Total retained earnings carried forward|638,589|521,401|27,249|958,809|177,399|
|The aggregate of the assets, liabilities and reserves was:|
|Assets|1,426,375|2,133,856|34,938|1,405,096|383,642|
|Liabilities|(787,786)|(1,611,455)|(7,689)|(446,287)|(206,243)|
|Reserves|638,589|522,401|27,249|958,809|177,399|
|ont|On|
**----- End of picture text -----**
140
141
Financial statements
## **14b Results of the subsidiaries: Prior year**
**----- Start of picture text -----**
parkrun
parkrun parkrun South Africa parkrun PSH Retail Ltd
Limited Trading Ltd NPC Australia Ltd
2024 2024 2024 2024 2024
£ £ £ £ £
Turnover 1,461,147 5,667,689 10,416 1,344,555
Turnover from recharges to subsidiary 2,650,000 199,667
Turnover from recharges to parent 200,000
Cost of sales (2,780,452)
Gross profi t 4,111,147 3,087,237 210,083 1,344,555
Administrative expenses (4,083,536) (278,688) (206,573) (1,327,442) 2
Management charge payable to fellow subsidiary (2,650,000)
Management charge payable to parent undertaking (211,841)
Profi t on ordinary activities before interest and 27,611 158,549 3,510 (194,728) 2
taxation
Interest receivable and similar income 2,234 20,335
Interest payable (260) (2)
Profi t on ordinary activities before taxation 29,845 158,289 3,510 (174,393)
Taxation on profi t on ordinary activities
Profi t for the fi nancial year 29,845 158,289 3,510 (174,393)
Retained earnings
Total retained earnings brought forward 421,350 150,453 20,012 1,170,752 9
Profi t for the fi nancial year 29,845 158,289 3,510 (174,393)
Distribution under Gift Aid to parent charity (164,631) (9)
Total retained earnings carried forward 451,195 144,111 23,522 996,359
The aggregate of the assets, liabilities and reserves was:
Assets 1,879,667 2,544,608 30,607 1,409,152
Liabilities (1,428,472) (2,399,497) (7,085) (412,793)
Reserves 451,195 145,111 23,522 996,359
**----- End of picture text -----**
## **15 Parent charity**
The parent charity’s gross income and the results for the year are disclosed as follows:
**----- Start of picture text -----**
2025 2024
£ £
Gross income 1,530,572 1,033,934
Result for the year (60,955) (113,402)
16 Stock
The Group The Charity
2025 2024 2025 2024
£ £ £ £
Finished goods 883,670 1,123,957
883,670 1,123,957
**----- End of picture text -----**
## **17 Debtors**
**----- Start of picture text -----**
The Group The Charity
2025 2024 2025 2024
£ £ £ £
Trade debtors 938,042 1,051,295 1,000 33,460
Other debtors 33,948 24,860 26,501 15,806
Amounts due from group undertakings 400,469 845,055
VAT 30,127 40,076
Prepayments 177,448 111,701 135,165 90,082
Accrued income 468,145 491,364 155,368 145,782
1,617,583 1,679,220 748,630 1,170,261
**----- End of picture text -----**
142
143
Financial statements
## **18 Creditors: amounts falling due within one year**
**----- Start of picture text -----**
The Group The Charity
2025 2024 2025 2024
£ £ £ £
Bank Loan 10,027
Trade creditors 821,340 757,813 50,307 52,714
Taxation and social security 81,391 99,535
Other creditors 84,461 64,812
Amounts due to associated undertakings 124,908
Accruals 203,707 501,451 58,768 23,470
Deferred income (note 20) 1,085,003 1,087,800 54,647 21,167
2,275,902 2,521,438 163,722 222,259
**----- End of picture text -----**
## **19 Creditors: amounts falling due after more than one year**
**----- Start of picture text -----**
The Group The Charity
2025 2024 2025 2024
£ £ £ £
Bank Loan 16,640
**----- End of picture text -----**
During the year parkrun Limited repaid the outstanding balance on its unsecured Bounce Back loan which had been guaranteed by the Government.
## **20 Deferred income**
Deferred income comprises amounts invoiced where the period covered by the agreement/invoice extends beyond the year end and as such the income has been spread over the period to which it relates.
**----- Start of picture text -----**
The Group The Charity
2025 2024 2025 2024
£ £ £ £
Balance at the beginning of the year 1,087,800 1,017,030 21,167
Amount released to income in the year (1,087,800) (1,017,030) (21,167)
Amount deferred in the year 1,085,003 1,087,800 54,647 21,167
Balance at the end of the year 1,085,003 1,087,800 54,647 21,167
**----- End of picture text -----**
## **21a Analysis of group net assets between funds (current year)**
**----- Start of picture text -----**
General unrestricted Restricted funds Total funds
£ £ £
Tangible fi xed assets 1,281,494 1,281,494
Net current assets 1,739,083 687,504 2,426,587
Net assets at 31 January 2025 3,020,577 687,504 3,708,081
**----- End of picture text -----**
## **21b Analysis of group net assets between funds (prior year)**
**----- Start of picture text -----**
General unrestricted Restricted funds Total funds
£ £ £
Tangible fi xed assets 1,190,040 1,190,040
Net current assets 1,259,346 627,124 1,886,470
Long term liabilities (16,640) (16,640)
Net assets at 31 January 2024 2,432,746 627,124 3,059,870
**----- End of picture text -----**
144
145
## Financial statements ~~Tn~~ **22a Movements in funds (current year) 22b Movements in funds (prior year) At 1 At 1 February2024** Income & gains **Expenditure& losses** Transfers **At 31 January 2025 February2023** Income & gains **Expenditure& losses** Transfers **£** £ **£** £ **£ £** £ **£ Restricted funds: Restricted funds:**
|**Restricted funds:**|**At 1**
**February2024**
**2024**
**£**|**At 1**
**February2024**
**2024**
**£**|**At 1**
**February2024**
**2024**
**£**|Income & gains
gains
£|**Expenditure& losses**
**& losses**
**£**|**Expenditure& losses**
**& losses**
**£**|**Expenditure& losses**
**& losses**
**£**|**Expenditure& losses**
**& losses**
**£**|Transfers|£|**At 31 January 2025**
**2025**
**£**|**At 31 January 2025**
**2025**
**£**|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Sport England||**175,000**||1,050,000||**(1,050,000)**|||||**175,000**||
|Sport Wales||||48,000|||**(48,000)**||||||
|Peter Harrison Trust||||10,000|||**(10,000)**||||||
|London Marathon Foundation||||321,400|||**(321,400)**||||||
|parkrun Events||**452,124**||180,901|||**(164,166)**||||**468,859**||
|parkrun Ireland Events||||54,680|||**(11,035)**||||**43,645**||
|Department of health (Ireland)||||126,450|||**(126,450)**||||||
|Health Service Executive (Ireland)||||31,191|||**(31,191)**||||||
|Other International Grants||||155,746|||**(155,746)**||||||
|**Total restricted funds**||**627,124**||1,978,368||**(1,917,988)**|||||**687,504**||
|**Unrestricted funds:**|||||||||||||
|**General funds**|**2,432,746**|||9,034,762||**(8,446,931)**|||||**3,020,577**||
|**Total unrestricted funds**|**2,432,746**|||9,034,762||**(8,446,931)**|||||**3,020,577**||
|**Total funds**|**3,059,870**|||11,013,130|**(10,364,919)**||||||**3,708,081**||
|**Restricted funds:**|**At 1**
**February2023**
**2023**
**£**|Income & gains
gains
£|**Expenditure& losses**
**& losses**
**£**|Transfers|£|**January 2024**
**£**|**January 2024**
**£**|
|---|---|---|---|---|---|---|---|
|Sport England|**175,000**|1,050,000|**(1,050,000)**|||**175,000**||
|London Marathon Foundation||105,833|**(105,833)**|||||
|parkrun Events|**401,760**|166,584|**(116,220)**|||**452,124**||
|**Total restricted funds**|**576,760**|1,322,417|**(1,272,053)**|||**627,124**||
|**Unrestricted funds:**||||||||
|**General funds**|**2,744,807**|8,043,166|**(8,355,227)**|||**2,432,746**||
|**Total unrestricted funds**|**2,744,807**|8,043,166|**(8,355,227)**|||**2,432,746**||
|**Total funds**|**3,321,567**|9,365,583|**(9,627,280)**|||**3,059,870**||
## **Purposes of restricted funds**
Sport England has provided funds to increase female participation and to increase participation of communities in areas of high social deprivation.
has provided funds to support growth in participation, especially within areas of deprivation.
Department of Health (Ireland) has provided funds to support the delivery and strategic development of parkrun.
Sport Wales has provided funds to contribute to the start up of 10 new parkruns within Wales.
The narrative to explain the purpose of each fund is given at the foot of the note below.
The London Marathon Foundation has made funds available over a three year period, to invest in dedicated resources to maximise the growth, impact and sustainability of junior parkrun in the UK, to enable at least 300,000 children to be active at junior parkrun with a focus on those communities that are less active and/or live in areas of deprivation.
The Peter Harrison Trust has awarded parkrun a grant totalling £30,000 over the next three years towards the core costs associated with growing junior parkrun in deprived areas of the UK, especially the North West.
Health service executive (Ireland)
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147
Financial statements
parkrun Ireland event funds represent donations made to specifi c parkrun events.
## **23 Operating lease commitments payable as a lessee**
The Group’s total future minimum lease payments under non-cancellable operating leases is as follows for each of the following periods:
||Property|Property||
|---|---|---|---|
||**2025**|**2024**||
|Less than one year
One to fi ve years|**£**
**176,596**
**227,896**|**£**
**167,730**
**313,889**||
||**404,492**|**481,619**||
## **24 Legal status of The Charity**
The Charity is a company limited by guarantee and has no share capital. The liability of each member in the event of winding up is limited to £1.
148
149
**Annual Report: 2024-2025** ‘ge TO ~~re ‘~~
**Reference &** “I 4 By 3 of he. **Administrative Information**
150
151
Reference & Administrative Information
## **Reference & Administrative Information**
Reference and administrative information for the year ended 31 January 2025.
## **Trustees**
Trustees, who are also directors under company law, who served during the year and up to the date of this report were as follows:
## **Jeremy Townsend**
## **Helen Weir CBE**
**(Chair, retired 1 January 2025)**
**(appointed 31 July 2024; Chair from 1 January 2025)**
## **Christine Gibbons**
**Sir Jonathan Van Tam (resigned 2 February 2024)**
**Sonya Byers OBE**
**Sarah Powell**
**Trustees appointed to Global Board from 26 March 2025:**
## **Senior Leadership Team**
## **Russ Jefferys**
**parkrun Global CEO (resigned 31 July 2025)**
**Elizabeth Duggan parkrun Global CEO**
**(appointed as Interim CEO on 30 April 2025; appointed as permanent CEO on 7 October 2025)**
**Amanda Ogilvie Global Head of Governance (appointed on 1 October 2025)**
## **Calei Smith**
**Global Head of Digital and Data (appointed onto SLT on 1 February 2024; resigned 31 July 2025)**
## **Rachel Robinson**
**Global Head of Digital and Data (appointed on 6 October 2025)**
## **Helen Dickens**
**Global Head of People and Culture**
## **James Kemp**
**Global Head of Event Delivery**
**(appointed onto SLT on 1 August 2024)**
**Jonathan Cooke Global Head of Finance**
**Kenneth Foreman Global Head of Commercial and Fundraising**
**Kirsty Woodbridge Global Head of Communications**
**Gordon Seabright**
**John Vickers**
## **Nathaniel Poulter**
**Member: Paul Sinton-Hewitt**
**Aster Crawshaw**
**Tamara Rajah MBE**
**Jonathan Pearson-Stuttard**
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153
Reference & Administrative Information
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Helen Weir CBE Sonya Byers OBE Aster Crawshaw
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Head of People and Culture
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Jonathan Cooke
Global Head of Finance
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Kenneth Foreman
Global Head of Commercial
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155
Reference & Administrative Information
## **and operational address:**
Frameworks 2 Sheen Road Richmond TW9 1AE
## **Company number:**
## **Bankers:**
Santander 2 Triton Square Regent’s Place London NW1 3AN
09411750
## **Solicitors:**
## **Country of incorporation:**
United Kingdom Charity number: 1175062
Muckle LLP 32 Gallowgate Newcastle Upon Tyne NE1 4BF
## **Auditor:**
## **Country of registration:**
England & Wales
Sayer Vincent LLP Chartered Accountants and Statutory Auditor Invicta House, 110 Golden Lane LONDON EC1Y 0TG
**156**
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Frameworks
2 Sheen Road
Richmond
TW9 IAE