REGISTERED COMPATr4Y NLIMBER: 11007826 (England and Wales) REGISTERED CHARITY NUMBER: 1176345 Re ort of the Trustees 8nd Flnanclal Ststements for the Year Ended 31 Au U5t 2024 NORTHAMPT FObNDATION Cox & Co. (Accountancy) Limited Statutory Auditors The Granary High Street TE￿¢Y Bedford Bedfordshire MK43 SDB NORTHAIAPTON SMNTS FOUNDATIO Contènts olthè Financial Statsments FOR THE YEAR ENDED 31 AUGUST 2024 Page Report of the Trustees Report of the Independent Auditors Ststement of Financtal Activities Balance Sheet Cash Flow Staternent Notes to the Cash Flow Ststement IYote$ to the Fin4nclal Statements 10 10 15 Detsiled Statement of Finaneigl Activities 16 to 17 NORTHAMPTON SAipifs FOUNDATJON TRUSTEE5' REPORT FOR THE PERIOD ENDED 31 AUGUST 2024 The Trustees presentth?Ir report aiong%%ththèllnanciaLtht8ment8of th8 ¢hartyforthe p*riC￿ 1 S¢staThbtr2023to31 August 2024. frfs E 8evèn M Darbonlr•Bi8nAd 2S.10.241 M prfce Sè4 £th￿d8th M$SMII AC H6Mtitl•ppolntsd 4&.Z41 Cox&Co. (A¢wuntsncy> timtted SzKLrtoryAUé￿OIs The Grnnary l¢hStr8tt TuNty gdford8hire P4K48 8DÈ Northarnpton SaitltsFotmdaicn l# o knmlt•dCornparyby*J4tant•• r•OBtsWwrth com￿￿1¢• Hou¥e urK5er re*8tr8ti¢n number 71007826on 11 Oc¢obw2Q17And Wster8dvAtrithe Charity Commission Undercharity numbor 1176345. Th6 Chartywes reg&*tsr¢d ond began a¢twitte• oft 1 June 2019. Th• ￿M[ted Comp8Fry8t•ttk•off•r the chaiityth• benefftof leg21 •ntlTYStstUS ond ￿MIl4￿ ￿8￿￿11typ1DtaCfj0ft. ThéTru8te*Bwhosew durinithereptsnt￿pe￿tid. as￿￿8• thoB¢appolntsd slnoethe period end. are listyj above. Th• Charity￿8 forMod%ththesup￿nQI Narthampton Auth Fotstbau club￿rn￿#￿. Durtn8th¢ygarNorth•mptonS•tn¥ Found¥tron ha8tran8itionèJ84%Eyfrom¢trnlft $•Meés p￿￿￿ed tyNorthamptOA aUgbyF¢ottr•￿e￿b knmit•d and nowlncr8as•d indepea¢*nce t¢lwe•nt￿Oryani3ltiar1L Nc*rh8mpton AuKwFoDtbaU C￿b ￿m￿co￿n￿o￿t0 $UPPQnthèNorthampron Saint8Foundatt•n•¢f98B • n4mèerofarea8. ThetrKu8ofourTnotees boartt i$tO ￿e￿and monit¢rth• Str*¢ dlr•¢tion ¢fth• tharityand •n$ur•apprvprf•t• gv4em8nre Is In P*¢e8cfosstheorpnluIic￿. The Bo8rdofTru5ts•6 hasestsbti8hedth¢ Found•oon a•a c•n•ltstenrfercEfcsr#ood WEthiTrtheMmmun*ty. Tre sp6cili•d obi￿ti￿•￿Orth0 Foundation os ￿Pulated bythe Cons￿lu￿9n cti¢tatethatth8TrLt¥ttsS PO88us an gmp8trtyand undersrBn¢Jlngofth• noadgwithin th• èrwironmentotthe wrtsand adue4Uon indLW. *athe Foundaiion dthbpsth¢ &)ard continu to rnonitorthatis ha8th8 4ppropriat• itreitsf knob*e8nd expertista¢rwth¢Tru8t•os. Tru8lee¥ lftdu¢donaTrdtr•lni NORThAMvfoN SAipifs FOUNDATION TRUSTEES. REPORT FOR ThE PERIOD ENDED 31 AUGU￿ 2024 ' On appointsrertall newTFUSt8&s r8ewv• a Northarnpton Stints Foundation TrFJ5ree paekwhieh Inc￿￿8$ ￿ar0¢0MmIssIon 8uioancetorTrusrt¢s. acopyofth¢ N¢rt41ampton Saints Constfuthn m¢#tre¢ent board met￿nE minuf88 and latèstfinanek*lBtstaments. NawTrU￿¢S eloo reoeNe a bri¢fing pr￿$nt¥ti0nfr0rn the Cheirm8n on the Foundaticffj'8 existlngand planned 8CU¥￿e8. Further totlu8 each newTruste8 15 be888oeiAtedwlthfftrt extsrin¢Trustee to aGt8sa mentor as neèdéd. DurtA8th• 2024fln8nclaly8af, thè Foundafjon has rom¢inedtr)cuseO onsuppDrringlnrJfvlduais f8clng ¢h4Uenwng oircumstan¢&ry. OurprlorftyGontinue$to be the deiiveryof h￿-qU$￿ty pro8rarnrnos.whil• ai*ts inwwin8 in • workforeetaenabie 8UStsinable 8r¢wth. Our 8n*lUon18to Klve everyp8r8on the ch8neefora Posit￿e fuDJre. Inspired tythe historyof NorthomptonSoint8.the Foundation usesthe powerof$portandthe value8Qf ￿￿t01Th￿IE. WPPOrtand•du¢•ts thousand8Qt people ev8ryyear. QuTeduBation and 60&8L1￿1U¥t0n prg8rorrrn&s Ir16piretheArrwbtgeneraiion to leam. develop r*￿1￿u8. increase confidthceatLdvJher8&ppr¢pri8ts r•trJmto ¢duc8tion, trniniR8or•mpioym•fjL To4¢hieVetr*lsA*￿￿. U$8 our h¢rr¢8¢¢ts IN$P5RE•Ur￿rl pre••Mourwot4nd protertthefiTrJre SUPPORTdiÉ•ntsgod. disad¥aat•4ed pw)pi8tofjnd• b8tte¥futur* Pmvfde 8 rargeeDUCATION pro¢ramm88to develop 8ociaL ￿0￿oneL8nd tcademlc prDVQ Tkeactivitte$&r8spUt intyfOurart￿ otdo￿vIry.50CIS1Ine1￿1O￿. EM￿O￿a￿￿ty. Educ8tr1. Herltage. SOCIALINCLUSION Th6 Ewll•prw•pnrnsuppJrtg srungpeopie aW7-1fjNthtyore a"4Th¥kotexeEusion from mair*ueam education. U8ing Prn¢tiCSLvaÈuè￿asod¥¢t￿e8, it buildscorffi¢Yence. and posttive b¢havigLsf8. Talbred pro8rwlon plan$ar¢ creata¢ incoU3bor8tion v￿th refeTrer6to meetea¢h studenvg indmdual n?&¥8, WTth theultlm4rg aim of relmq8fdgon Iritts rn•in8tre8m 8etrins*. Tni$ svr, the pTtsgramme'¢ r•#ohwa8*xtendgd through H•lthyAeti¥ltttsaThg F•od IW de1fv8ry. PWdin£ esseTrda£supwrtts youn4reopiefr¢tm iow-irtGome backwouttds durin¥ 80hool holidays. EMPLOYABILfiY&xiLLS Our po¥t-16 provision* inciudln8 Enyy+*A•ptrA ¥nzfoGu¥8¥on prev*rrrtngy¢ungw)p from beeominllNEETINotin &lueatlon. Empttyn•rytorTrAlnln&). P441¥ered SR Pgrtnershipw7tr* Norihampton Cou•geand Premiership Ruqty, ts1è8• prow8mn*s support 1&1>year-DidB thTOU )0&￿Se￿ hubtsg8*d •dueetion. In 202W 924601 parti￿Pants •QhèrretyJmedto*dts¢thn. Impr￿¢ their80ft8k¥Us. onth•frp8thwaythrtsu8h on• ofthe pro¥rnmrnes. Addifjon•liy.th• Found•tlon d•kned eMplty•bi￿ty-fr1CU8ed educakonwithn w1son8attlng•￿t theS•ithsln*pro8ntnm¢stHMPHfthpoinL NORTHAMPTON SAIPIts FOUNDATION TRUSTEES, REPORT FOR THE PERIOD ENDeD 31 AUGUST 2024 EDUCAnON The Foundadon'¥•dueation porttokno ha• grownto In0￿9t4r8￿d pro￿85¢n foTr*siwantwritsr8 *nd learners Withsptscialeouc8ti0n•lneeds. re8pondln¢te io¢Ji$¢hool dern8ndfor8d(Jitionai •upportservi¢*6. MÉAITAGE& 8ENEVOLENY ￿ND ourHeritsge departmofftseeured Lottery H¢rh•y Fund supportto expioreiheclub'shi8toryfrom tha 1950￿08. inclLxlin8itstransioonta proftssionaU$m and the Imp8Ct on thewideTCDrnm￿ty. Sincejune 2023, 287 pastpiayers frofftthis era havebeen Identifled. Th¢yÈar also sawthelaunch of m¢nthiyMeTrYsry¢a*é. offerin¢2 aatè. inciu•Éwe4pa¢•forthoae expariencins Lon6lines8 or 8m8Atla-an InrfaUVe￿th strongpotenJ8ltQfftthre ¢xponsbn. The B￿*¥￿¥nt Fund, estab￿$￿•d in 2022.opgr8ts5 Indep8ndantyfromthoFtsunddonwith it8 obvncommitte¢. Itprowides eenfidèntiaL8UPPOrtto past p&ytr8, eurreni ptyrs, and ebobie staff membersdurin8time$of hardship. In 202>24swor8lapptscations w*rÈ rwewed, wrth one su¢cessfuLw8nE8W8rdo&Thefund conDnu•sto pkny8 qUI8t butvit41o￿ in￿8￿40r89ift eornmunty. FlrtAnei4lr6vlew•nd r•sultsts¥th•perlod Tk¢St8taEnanEOfFinan￿LA¢t￿tses 8how* n•tlp£Cq￿hrth•pèrfod ofE30222121)23£111J621 ith resEF¥#54￿ndInga1£$I7.71lI202824o7A881..7496fjtth0 Foundation's incow* b derfve frornf•èwI￿¢¢Ulss￿.*iQaUYth• E•pq• lBPd￿tD both8 iowttsOSt pmidHTlnth¥*xYor.*fiileenSwtn¥thereav•sufflcq•nrtrtdsfor8veryhqti-quo￿ty$eAAcO d￿j¥try. 1386of th¢Founaation'6th¢omels d•rpftJlrorn ￿al￿,￿Ich ¢ontirvJesto providea80￿d bedro¢koffundin¥fcrBpeethc¢h8ritabL••ebvld•&Th*tru8te•• t￿Melder￿otth•r*are4￿￿u*kn resources¥¥aiiatrdetOsupportthe Con￿nu£r10n0t.the¢hèrity.1 Ptsbli¢ben•fft In pianning0Ltracti￿tieSforthtYgar• wg koptin rnlrtdth¢ ChafltyCommis&onKuidenceon pubU¢ benefrt8tourtrust88È poilty r¢t41fesefV88atth8 periodend*w•£577.71113J23£487A891, with Lthr8strieted r*eTheBtots￿nK 254155212023È425,7051.ke&¢rye8 wlibe utiw wjthlnth9é￿y￿Ied departmentlorwhlchthey wereori¥naWyr8cew4d a￿ept*heMthatpr¢gr¥mM8hats bean Comp￿edt0 S*istsctoryieveis for th¢fun¢in8provider. UnfesErfctsrsiuno8 mayl)e ￿t￿le￿t9 oss>¥ttheFoundatiory in c0￿rfn¥8¢nera( Opérat￿nal costsand furth8r&upportirt¥n•8d8vthntho 8p8ctsurn ofFoundotion Th Trustees b8ti¢¥eth¢ level of re￿r￿e$ 1$ ad•qu8t••tthe Foundètion's currentSfSV Of devebpmenL Theterw re82rvas QTethro•tO8i*rnontrAmth¢ad In ordwto protg¢tthg Found•tlon'* athiri end ffaErnpIty￿ftOMArWftUet￿Stl¢n8in ¢O8h r•e•lpts. Ae¢ounVnK•t•mdarfs Th•tru￿￿e8arèth•fir,$ncia': stsTrm8?son-.*e go'.ng concerp. b2S1S iJnlesslt Is in襥".tsp-,ler¥ gresJTe LitaT-*eGieriry'w'.Ll Continue Ip. >￿￿]neS%, Thetrysteesare rtspongibie f?rke¢ping propw8¢¢¢unting recor¥$ ajsclo$8v￿* r•s$onaii• 8c¢ur8Cy8t 8nytii*èth8 tnap.¢421 wsizien Oi th8ch8qty anc*fléitsl tli ey ei$L:"" he Ch8r.:ty Wcouits *.-.d ke>cm', 20Q8 ¢gul2ton$ and the prolritiortÈ￿. LteErd&tdoed. Theyare siso responstDiefci S?règuartti*$-￿Ie ss0sa!thecharityanc Dejice ror?K*￿{reesDn8￿L£ steps", ené ¢ther..TreguL8rftie8. Joq Drown-Cn&ifii 291Q¥fdQ Re ortolthe Inde ?nd ntAudttors to the Members Northam n Salnt Foundation Opinion We have audited the fInancial statetnents of Northampton Saints Foundation (the 'charitable company'l for the vear ended 31 August 2024 which comprise the sts￿ment of Financial Activities, th¢ Balance Sheet. rhe Cash Flo Statement and notes to the financial statements, including a summary of significant ac¢ounting policies. The financial reporting framework that has been applied in rheir pr¢paration is applicable law and United Kingdom Accounting Siandards IUnit¢d Kingdom Generally Accepted Accounting Practice). In our opinion the financial siatements.. give a true and fair view of the 5tat¢ of the charitable company's affairs a5 ar 31 August 2024 and of its incoming r¢50urces and application of resourc¢s, Encluding its income and expenditure, for the year then ended: have been prop¢rly prepared in accordance with L'nited Kingdom Generally Accepted A¢¢ounting Practice. and have been prepared in a￿ordance with the requTrr¢ments of the Companies Act 2006. Basis for opinion We conducied our audit in accordance with Lnternational Standards on Auditing (UK) (ISAS (UK)) and applicable law. Our responsibilities under those stsndards are fitrther described sn the Auditors, responsibilities for the audii of the financial STatements section of our report. We are independent of the charitable company in aecord2nce with the ethical requirements that ar¢ relevant to our audit of the financial stat¢m¢nis ihe UK, including the FRC'S Ethical Stsndard. and we have fulfilled our other ethical responsibilities in accordance with ihege requirements. We believe that the audit evidence we have obtained 15 sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going eoneern In auditing the financial statements, we have ¢oncluded thar the mistees, use of the going ¢oncem basis of a¢counting in the preparaiitsn of the financsal statements is appropriate. 8￿ed on the work we have perfomed, we have not identified any Materia￿ uncertainties relating to events or conditions that, individually or collectively, tnay casr signifi¢ani doubl on the charirable companys ability to continue as a going concern for a period of at least twelve monthg from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the tru5rees with respect to going concern are described in the relevant secrions of this report. Other inftsrmatlo The trust¢es 2r¢ responsible for the other inforniation. The other information comprises the infonnation included in the Annual ReporL other than the fll)aneial statements and our Report of the IndependenT Auditors ih¢reon. Our opinion on th¢ financial ststernents does not eover the other information and, ex¢¢pt to the extent otherwise explicitly ststed in our repon. we do not express any forn of ￿SUranCe conclusion ihereon. In conn¢ction with our audit of the financial staternents, our responsibility is to read the other information and, in doing 50. consider whether the oth¢r infomjation is mat¢rially in¢onsi$tent with rhe financial statement5 Qr our knowledge obiained in th¢ audii or oth¢rnis¢ appears to be materially misstared. If we identify such materi31 inconsisten¢ies or apparen( material misststements. we are required to deterniine whether this gives rise to a material mi55tatement in the firwicial starements themselves. If, based on the work we have perfomiecL we conclude that there is a material miSS￿reMent ofthis Other inforniation, we are required to report that fact. We have nothing to report in this regard. Opinions on other matters prescribed by the Companies Act 2006 In our opinion, based on rhe work undenaken in the course of the audit.. the inforniarion given in the Report of the Trustees for the ffinancial year for which the financial 5tatemenrs ar¢ pr¢pared is consisrent with the financial statements., and the Report of the Trustees ha5 been prepared in accordance with applicabl¢ legai requirements. Page3 Re rtofthfr Inde endentAudl o the Members Ot Northam Saints F ndation Matters on which we #re required to report by exeeptÈott In the light of the knowledge understanding of the charirable Company and its environment obtained tn the course of Ihe audit. we have not identified material misststements in the Report of the Trusrees. We have nothing w report in respect of the following matters where the Companies Aci 2006 rryuires us to report to you if. in our opinion.. adequate ac¢ounting records have not been kept or returns adequaie for our audit have noi been ￿ceiVed from branches not visited b) us,. or the financial suiements are noi in a￿ernertt with the accounting records and rettrns: or certain disclosures of trustees, remunerdtion specified b& law are noi made: or we have not received all the infomiation and explanations we require for our audit. Re$ponsibilities of trustees As explained more ￿llY in the Statement of TnLStees' Responsibi￿111es. the rnsfees (who are also the directors of the charitable company for the purposes of company law) ore responsible for the preparation of the financial statemenis and for being saiisfied that they give a ttue and fair view, and for su¢h internal control as the truste¢s d¢t¢rnine is necessary io enAbl¢ the preparaiion of financial swements that are free from material misstatem¢nL whether due to fraud or error. In preparing the financial staternents, the ￿￿teeS are responsible for ass¢s5ing the charitable company's ability 10 continue as a going concen), disclosing, as applicable, matters related to going concern and using the troinD concern basis of accountino unless the rrustees either intend EO liquidate the charitable company or to cease operarions. or have DO realistic a]ternative but to do so. Our re5ponsiblllties for the audit of the financial statements Our objectives are io obtsin reasonable assuran¢e about whether the finaneial statements as a whole are free from tRaierial misstaietnent. whether due to fraud or ¢rror, and to issue a Report of the Independeni Auditors that includes our opinion. Reasonable a%surance is a high level of assurance. but 15 noi a guarante¢ that an audit conduc￿d in accordanee with ISAS {UK) w511 always detect a material misstatemeni when it exists. Misstatem¢nts can arise from fraud or error and are considered material if. individually or in the aggregate, they could reasonably be expected to intluence the economic decisions of users taken on the basi5 of these fjnancial starements. The extent to which our procedures are ¢apabl¢ of d¢teciing irregularities, including fraud is detailed below.. Enquiry of management around actual and potential litigation and claims.. - Perfom)ing audit work over th¢ risk of management override of controls. including testing of journal entrles and other adjustments for appropriatcness, evaluaring the business rationale of significant transaciions Outside the normal course of business and revieHqng ac¢ouniing estimates for bia8; Reviewing finaTrcial ststernent di%losure5 and testing to supponitig infomMtion to a55es$ compliance with applicable laws and regulations. Because of the inherent limitations on audiL there is a risk that we will not detect all iryegul8xit1¢5, including rh05e, leading to a material tnisslatemeni in the fmancial statements or non-compliance with r¢gulation. The risk increases the more that compliance with a law or regulation is removed from the events and t]2nsactions reflected in rhe financial staiernents, as we will be less likely to becorne aware of instsnces of non-compliance. The risk is also ￿eater regarding irregularities (K¢uring due to fraud rath¢r than crror, as fraud involves intentional eoncea]menL forgery, collusion, omission or misrepresentaiion. A fvnher description of our respon52biliti¢s for the audit of the financial statements is located on the Financial Reponing Council's website at www.frc.org.uidauditorsresponsibilities. This description fomis part of our Report of the Independent Auditors. Pagè4 Ind Northam nd ntA d. rstoth Mem n Saittts Foundation tise of our report This repon is made solely to the charitsble company's mernbers. as a body. in accordance with Chapter i of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable companv's tnernb¢rs those matt¢r5 w¢ are required to swe to them in an auditors, report and for no other purpose. To the fullesi extenr pernitted by law, we do noi accept or assume responsibiliry to anyone other than the charitable company and the haritable compangs members as a body, for our audit worL for this repor4 or for the opinions we have fomied. David A. Cox (Senior Stat￿ory Auditor) for and on behalf of Cox & Co. (Accountancy) Lirnit¢d Statutory AuditOTS The Granary High Street Turvey Bedford Bedfordshire MK43 8DB 29 May 2025 P4eS HAMPTOt4 SA114TS FO ATI Statementof Financial ACtiv￿e¥ R THE YEAR EP4DED 31 AUGUST 2024 2024 2023 Unrestncled fund Restricted furnj funds funds Notes INCOME AND ENDOWNIENTS FROM Donations and legacies 1.401.520 207,197 1,608.717 1.451.193 Other income 10,550 10,550 9,383 Total 1,412,070 207.197 1.619,267 1.460.i76 EXPENDITURE ON Charttsble a£tivities Education 1.176,209 293.822 1.470.031 1,23i,300 Other 119,014 119.014 116.014 Total 1.295,223 293,822 1.589,045 1.349.314 NET INCOMEI(EXPENDITURE) 116,847 (86,625) 30.222 111,262 RECONCILIATION OF FUNDS Tota] fimds brought forward 425,705 61.784 487,489 376.227 TOTAL FUNDS CARRIED FORWARD 542,552 1?4,841) 517,711 487.489 The noieg form part oflh6sefinanua Sl*ements Pa98 6 NORTHAMPTON WNTS F NDATION 8alance Sheet 31 AUGUST 2024 2024 Tot fu￿6 2023 Tota1 Unre51ricled lund Re51rict fvnd Notes FIXED ASSETS Tangible assets 33.870 33.870 45.160 CURRENT ASSETS Debtors Cash at bank 10 106,?78 515,666 106,278 636,280 133,776 425.499 120,614 621.944 120.614 742,558 559,275 CREDITORS Amounts fallin8 due within one year {113.2621 1145.4551 1258.717) 1116.9461 NET cURRE￿T ASSETSI(LIABILJTIES) 508.682 24 8411 483,841 442.329 TOTAL ASSETS LESS CURRENT LIABILITIES 542,552 124.841) 517,711 487,489 NET ASSETS 542.552 ?4,8411 517,711 487,489 FUNDS L.nrestri¢ted funds Restricted fi2nds 12 542.552 24.841 425,705 61.784 TOTAL FUNDS 487 489 The financial statements were approved by the Board of Trustees and authorised for issue on 23 May 2025 and were signed on its behalf by= J DTown- Trustee Th&noifjs form p* of th&3e fin8ncial 5tath8nts P8Jg 7 HAMPT N SAINT ATI h Flow Statsment R THE YEAR ENOE 1 AUGUST 20 ?024 2023 Notes C#$h flows from operating activities Cash generated from operations ?10,781 122.552 iel cash provided by operating 8Ctivities 210,781 122.552 Cash flow$ from investing activities Purchase of tangible flxed assets 1:5.9001 Net cash provided by/(used in) invesring activities 125.9001 ChaDge RD cash #Dd e*sh equivAlents In the reporting period Cash 2nd eash equivalents At the beglnning ofihe reportlng period 210,781 96.652 425,499 328.847 C8sh and cash equivalenis at the end of the reporting period 636,280 425,499 Th8 notes lorn part ofih8sefinanoal Slaterf*nts e8 NORTHAMPTON SAINTS FOUNDATI Notè5 to the Cas tatem•nt FOR THE YEAR ENDED 31 AUGUST 20 RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES 2024 ?023 Net income for the reporting perlod (as per the Statement of Financial Aetivities) Adjustments for: Depre¢iaiion charges Decrease/{increase) in debtors In¢r¢ase in creditors 30.222 111.262 11290 27,498 141,771 146,7461 42,983 N¢t cash provided by operatlotts 210.781 122.552 ANALYSIS OF CHANGES IN NET FUNDS At 1.9.23 Cash fiow Al 31.8,24 Net e8sh Cash at bank and in hand 425,499 210,781 636,280 425.499 210,781 636,280 Totsl 425,499 210,781 636.280 The notés part oflhesofinarud Sl*eTr*nts Page9 NOR PTON SAJNfs FOUNDATION to the Flnan¢lal Statsm&nts THE YEAR ENDED 31 AUGUST 2Q24 ACCOUNTING POLICIES Basi5 of preparing the financial ststernents The financial statements of the charitable company, which is a publi¢ benefit entiry under FRS 102, have been prepar¢d in accordance with the Charities SORP {FRS 1021 'A¢counting and Reporting by Chariiie5." Staiemeni of Recommended Praclice applicable to charities preparing their accounis in accordance with the Financial Reportino Standard applicable ID the UK and Republic of Ireland IFRS 102) (effecli*e l January 2019).. Finan¢ial Reporting Stsndard 102 The Fsnancial Reponing STandard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial swements have been prepared under the hisiorical cost ¢onveniion. Income All income is recognised in the s￿terne￿t of Financial Activities once the charity has entitlement io the funds. ir 15 probable that the incom¢ will be r¢ceived and the amount call be M￿ured reliably. Expenditure Liabilities are recognised as eXper￿lture ￿ soon ￿ there is a legal or constnjctive obligation commining the charity to that expenditure, it is probable that a tronsfer of econotnic benefits will be requEred in settlement and rhe amount of Ehe obligation can be ￿e&S￿red reliably. Expenditure is accounted for on an accruals basis and has be¢n classified under headings that awegate all cosi r¢lat¢d to the category. Where costs cannoi be directly attributed to particular headings they have been allocated io activities on a basis consistrnt with the use of resources. Tangible fExed a$5¢ts DeprecEaEion is provided at the following annual ra¢¢s in order EO wri1¢ off each ass¢t over its estirnaied useful life. Motor vehicles 250/0 on reducing balance Taxation The charity ss exempt from corporation tax on its chariwble activsries. Fund aecounting nrestricted funds wi be used in accordance with the charitable obj¢¢tives at the discretion of the trustees. Re5Ericted funds carj only b¢ used for patTicular restricted purposes within the objects of the charity. Restriciions arise wheTr spe¢ifIed by the donor or when fimds are raised for paniculor resrricted purposes. Further explanarion of ihe nature and purpose of each fund is in¢luded in the notes to th¢ finan¢ial statements. Pension eo$ts and other post-retirement ￿neflts The charitable company operates a defined Contribuiion pension s¢hetne. Contributions p&yabl¢ to the charitable Company's pension scheme are charged to the Statement of Financial Activities in the peri(￿ to which they rela￿. DONATIONS AIYD LEGACIES 2024 2023 Donations Grants Cours¢ fees & subscriptions Matchday donations & raffles 85,527 207.197 1,193,021 122.972 85,797 229,450 1,040,796 95,150 1,608,717 .451,193 P8ge10 Cffiinued.. NORTHAMPT¢JN SWNTS F IJNDATION Notss to the Flnancial Statements- continued FOR THE YEAR ENDED 31 AU T 2024 DONATIONS AND LEGACIES- corttlnued Grants receiv¢d, in¢luded in the above. are as follows- 2024 2023 Other grants 207.197 229.450 CHARITABLE ACTIVITIES COSTS Support sis (see mie41 Costs Toias Education 1,391,758 78,273 1.470.031 SUPPORT COSTS In1(￿MatIon lechnolLWJy Cov￿ar costs Man*¥￿nI Finan Tota Edu¢ation 54,051 727 18.695 4,800 78.273 NET INCOMEI(EXPENDITURE} Net incomel(expenditurel is stated after chargingl(crediting)'. 2024 2023 Auditors remuneratio¥J Depreciation - owned a5s¢ts 4.800 11,290 4,800 15,053 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 Augusi 2024 nor for the year ended 31 August 202i. Trustee$, expenses There were no tnjstees, expenses paid for the year ended 31 A￿8￿st 2024 nor for the year ended 31 August 2023. STAFF COSTS 2024 2023 Wages and salaries Social security costs Other pension costs 1,057.928 93.204 19,145 900.952 75.385 15,326 1,170277 991,663 The average monthly number of employees during the year was as follows.. EducatÉon. managernent & administratiort 2024 37 20?3 40 Page11 conlinu&l... NORTHAMPTON SAI OUNDATI Notes to the FInanc￿l Statsments. continued R THE YEAR ENDED 31 AUGUST 2024 STAFF COSTS- continued The number of employees whose ernployee benefits (excluding employer pension costs) exceeded £60.000 was.. 2024 ?02i £80,001- £90,000 COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcfiviTIES Unieslrthd lunJ Resirict fund T￿al funds INCOME AND ENDOWMENTS FROM Donation5 and legacies 1.229.443 221.750 ,451,193 Oth¢r income 9.i83 Totsl ,2J8,826 221.750 1,460.576 EXPENDITURE ON{ Charitable aetivitles Educaiion 1.073.3)4 159,966 1,233.300 Other 116,014 116,014 Total 1,189.i48 159.966 1.349.J14 NET INCOME TraDsf¢rs between funds 49,478 299.560 61,784 {299,560} 111.262 Net movem¢ot In funds 349,038 (237,776) 11.262 RECOf4CILIATION OF FUNDS Total fimds brought forward 76.667 299,560 j76.??7 TOTAL FUNDS CARRIED FORWARD 425,705 61,784 487.489 TANGIBLE FIXED ASSETS Mo vthick$ COST At I September 2023 and 31 August 2024 DEPRECIA TION At I Septernber 2023 Charge for year 71,650 26.490 11,290 At 31 August 2024 37.780 NET BOOK VALb'E AT 3 1 August 2024 i3,870 At 31 August 2023 4).160 Pag6 12 Continu￿J... NORTHAMPTON SAI UNDATION Notes to the Financial Statsments. continuld FOR THE YEAR ENDED 31 AUGUST 2024 10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade debtors Other debtors Prepaiments and accrued income 103.086 3,192 126,951 6.825 106,278 133.776 CREDITORS: AMOUNTS FALLING DUE WITHIf* ONE YEAR 2024 20?3 Trad¢ creditors Social securiry and other ￿e5 Other cr¢ditors Accruals and deferred income Accrued expenses 24,598 21,750 59.564 50,255 2.550 19,683 59,646 3,357 1.44i 258.717 116,946 12. MOVEMENT JN FUNDS Nei movement in lunts Al 31.8.24 Al 1.9.23 Unrestricted funds G¢neral hjnd 425,705 116,847 542.5)2 Restrieted fund$ Restricted Grants 01,784 186,625) (24.841) TOTAL FUNDS 487.489 30.222 Net rnovemeni in fvnds, included in the above axe as follows.. Incoming resour Resources expa)déd Movement in lun&5 UDrestri¢ted funds Generdl fi]nd 1,412,070 {1.295,223) 116.847 Restricted funds Restricted Grants 207.197 (293,8221 (86.6251 TOTAL FUNDS 1.619267 (1,589,045) iO.222 Paga 13 n:inued.., NORTWPIQN JAIN", S ::OJNDATION Notes w:"°:,flanrithl olSteir,•r. FOR THF YEA.'t ¢1iEi 71 k.JGUST 2Q24 12. MOVEMENT IN FUNDS- continued Comparatives for movement ID funds Nei movement In fvnds Transfers beDNe8n funds Ai 318.23 At 19.22 Unrestrieted funds General ￿nd 76,667 49.478 299.560 425.705 Restricted funds Restricted Grants 299.560 61,784 (299.560) 61,784 TOTAL FUNDS 376.227 11.26? 487,489 Compardtive nei mtsvement in fijnds, included in the above are a5 follows.. Incoming resour ResoUr￿S expeNJed MOV￿ent in fun Urtrestrfcted fund5 General fi]nd 1,238,826 (1,189.J48) 49,478 R¢strictsd funds Restricred Grnnts 221,7iO (159,966) 61.784 TOTAL FUNDS 1,460,576 (1,349,J14) 111.262 A ¢UTrent year 12 months and prior year 12 monihs combined position is &f follows= Net moverrent in funds Transfers be￿een funds At1.9.22 Al 31.8.24 UMrestri¢ted funds General fiMTrd 76,667 166.i25 299,560 542,552 Restrlcted funds Restricted Grdnts 299,560 <24,841) (299,560) 124,8411 TOTAL FUNDS 376.227 141,484 517,711 PaJs 14 niinued,.. THAMPTON S￿NTs FOUNDATI Note$ to the Finsncial Statsfflents. FOR THE YE4R ENDED 31 AUG ST 2024 12. MOVEMENT IF4 FUNDS- Continued A cuThent year 12 months and prior year 12 Tnonihs ¢ombined net movement in ￿nds. included in the above are as follows: Inc£iming resources Resour exrknd&J Movement Unrestrieted fund5 General fund 2.650.896 (2.484.571) 166.325 Restrlded funds Restrici¢d Grants 428.947 {453,788) {24.8411 TOTAL FUYDS 3,079.843 (2.938.359) 541.484 13. RELATED PARTY DISCLOSURES Ther¢ were DO related party transaetions for the year ended i l August 2024. Page15 RTHAMPTOII S￿NTs FOUMDATI Iled Ststement of Finan FOR THE YEAR E D 31 AUGUST 2024 2024 2023 INCOME AND ENDOWMENTS Donations and legacies Donations Grdnis Course fees & subscripiion5 Marchday donations & raffles 85,527 207,197 1,193,021 122,972 85.797 ?29.450 1.040,796 95.150 1.608,717 ,451.193 Other incom¢ Other incotne 10,550 9.383 Totsl incoming resources 1.619.267 1,460.i76 EXPENDITURE Chariiable aetivities Wages Social s¢curity Pensions Sundries Consumable stores & eouiprnent School hours progtammes COSTS Social inclusion, Engage. Hitz Sponsor costs Ad hoc items Buildin8 maintenance Team buildin8 expenses Room hire 1,057,928 900,952 75.385 15.326 722 19,403 2,487 48.5i2 ?9,684 240 2,426 19,145 2.890 15,071 60,794 20,808 5,750 10,534 105,6J4 81.201 1,391.758 1.181.690 Other Staff trdining & recruithient Motor expenses Travel, mileage & subsistence Staff ¢lothing & acce5sorEcs Motor vehicles 17,135 14.019 67,524 9.046 11,290 11,665 67,852 15.053 119,014 115.414 Support eo$ts M8n8gern¢nt Telephone & iniernet Printiii& postage & stationery Professtonal services 5,312 3,619 45.120 5,7i5 3.307 17.509 54,051 26.551 This ￿ dcw notlL¥rn part ofthe statutory ftnanu¥ si*wnents Paye 16 NORTHAMPTON S￿NTs FOUNDATION Detsiled tÈment of FSnancial Advitles R THE YEAR ENDED 31 AUGUST 2024 2024 2023 Management Finance Bank charges 727 Information technology CompuEer maintenance. servi¢ing & supplie5 18.695 17.4?7 Goyernance costs Auditors, remuneration 4.800 4.800 Totsl resources expellded 1.589,045 1,349.i14 Net income 111.262 This p4e does not fom part olthe stalutory finawal 51atem8n15 Poge 17