2024-03-31-accounts

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Docusign Envelope ID: E22346C5-59DE-48B1-B849-D2262EC7761CDocusign Envelope ID: 8FB7BC81-F9D7-43E0-AAB6-0C68C0454997

Registered Charity Number: 1181268

SAFE MMA

a Charitable Incorporated Organisation

TRUSTEES’ REPORT AND

FINANCIAL STATEMENTS

FOR THE YEAR END 31 March 2024

SAFE MMA Docusign Envelope ID: E22346C5-59DE-48B1-B849-D2262EC7761CDocusign Envelope ID: 8FB7BC81-F9D7-43E0-AAB6-0C68C0454997

FOR THE YEAR ENDED 31 March 2024

REFERENCE AND ADMINISTRATIVE INFORMATION ................................................................................................................................ 3 TRUSTEES' REPORT ............................................................................................................................................................................................ 4 INDEPENDENT EXAMINER'S REPORT ............................................................................................................................................................ 6 STATEMENT OF FINANCIAL ACTIVITIES...................................................................................................................................................... 7 BALANCE SHEET ................................................................................................................................................................................................ 8 NOTES TO THE FINANCIAL STATEMENTS ................................................................................................. Error! Bookmark not defined.

SAFE MMA Docusign Envelope ID: E22346C5-59DE-48B1-B849-D2262EC7761CDocusign Envelope ID: 8FB7BC81-F9D7-43E0-AAB6-0C68C0454997

REFERENCE AND ADMINISTRATIVE INFORMATION

FOR THE YEAR ENDED 31 March 2024

CHARITY REGISTRATION 1181268 NUMBER DATE OF REGISTRATION 19th December 2018 TRUSTEES Marc Goddard Dr Jack Kreindler James Raiher LEGAL STATUS Charitable Incorporated Organisation REGISTERED OFFICE Units 3-4 42 Orchard Road LONDON N6 5TR PRIMARY BANKERS Triodos Bank Deanery Road Bristol BS1 5AS INDEPENDENT EXAMINERS Bowdon Accounting Services Bartle House Oxford Court Manchester M2 3WQ

SAFE MMA Docusign Envelope ID: E22346C5-59DE-48B1-B849-D2262EC7761CDocusign Envelope ID: 8FB7BC81-F9D7-43E0-AAB6-0C68C0454997

TRUSTEES' REPORT

FOR THE YEAR ENDED 31 March 2024

Objectives and Activities

For the public benefit the advancement of health and saving of lives of athletes taking part in the sport of mixed martial arts in particular but not exclusively by independently addressing competitor safety through the provision of medical screening and record- keeping services which are available to the public and the provision of advice and information on medical conditions to athletes.

with both domestic and international promotions and governing bodies to provide:

Centralised, third-party medical screening and record-keeping services, accessible to the public.
An independent medical advice and information service for athletes.
Access to a network of medical service providers offering competitive rates to athletes.

In exercising their duties with regards to the delivery of these provisions, the charity trustees have complied with their duty to have due regard to the guidance on public benefit published by the Charity Commission.

SAFE MMA relies on a group of doctors who volunteer their time and expertise to assist with the setting of standards, the screening of medical submissions, and the deliberation over questions encountered. The trustees are enormously grateful to each of these doctors

Achievements and Performance

During this reporting period, the Charity medically pre-cleared 35 events:

DATE EVENT

15/04/23 Cage Warriors 152 16/04/23 Alta Cork series 10 Finale 16/04/23 Premier FC 6 22/04/23 FCC 33 29/04/23 Cage Warriors 153: Dublin 06/05/23 Cage Warriors 154: Rome 10/06/23 Alta Dublin 10/06/23 Cage Warriors Academy South East 31 17/06/23 FCC 34 01/07/23 Cage Warriors 156 08/07/23 PFL Berlin 21/07/23 Cage Warriors 157 22/07/23 Premier FC 7 29/07/23 Cage Warriors 158 09/09/23 FCC 35 23/09/23 Bellator 299 29/09/23 Cage Warriors 160 30/09/23 Cage Legacy 19 07/10/23 Cage Warriors Academy South East 32 14/10/23 Cage Warriors 161 28/10/23 Cage Warriors 162 11/11/23 Cage Warriors 163 25/11/23 Cage Warriors 164 01/12/23 Premier MMA 02/12/23 Alta 08/12/23 PFL Dublin 09/12/23 Cage Warriors Academy South East 33 16/12/23 Cage Legacy: Rising Stars

SAFE MMA Docusign Envelope ID: E22346C5-59DE-48B1-B849-D2262EC7761CDocusign Envelope ID: 8FB7BC81-F9D7-43E0-AAB6-0C68C0454997

TRUSTEES' REPORT

FOR THE YEAR ENDED 31 March 2024

16/12/23 FCC 36 17/02/24 Cage Legacy 20 09/03/24 FCC 37 15/03/24 Cage Warriors 167 16/03/24 Cage Warriors 168 24/03/24 Cage Legacy 21 30/03/24 Cage Warriors 169

The number and regional spread of events were impacted by a pause in the partnership with IMMAF in April 2023.

A new registration pathway for youth (U18) athletes competing with No Head Strikes was launched to better support the MMA community in Ireland.

Financial Review

At the start of the reporting period, SAFE MMA held £15,957 in reserve. By the end of the reporting period, this had increased to £23,076.

Operating costs have been fully met, and registration fees have remained unchanged since the charity’s inception in 2012.

Reserves Policy

It is the charity’s policy to hold reserves equivalent to at least three months of operating costs to protect against income drops or unforeseen expenses.

This goal has been achieved for the second consecutive year, allowing for potential investment in promoting the charity’s services and activities in the upcoming reporting year.

The principal sources of funding for the charity are:

registration and subscription fees
direct fees for medical clearance services
blood test service
late admin fees
integrity investigation fees

Trustees' Responsibilities

The Charities Act 2011 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 CIO and of the surplus of the CIO of that period. In preparing those financial statements the trustees are required to:

Select suitable accounting policies and apply them consistently
Make judgements and estimates that are reasonable and prudent
Prepare financial statements on the going concern basis unless it is inappropriate to presume that the CIO will continue in existence

The trustees are responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time the financial position of the CIO. They are also responsible for safeguarding the assets of the CIO and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

1/19/2025

Approved by the Trustees on …………………………………………………………………………………………………….

Signed on their behalf by Trustee ………………………………………………………………………………………………..

Printed Name: James Raiher

SAFE MMA Docusign Envelope ID: E22346C5-59DE-48B1-B849-D2262EC7761CDocusign Envelope ID: 8FB7BC81-F9D7-43E0-AAB6-0C68C0454997

INDEPENDENT EXAMINER'S REPORT

FOR THE YEAR ENDED 31 March 2024

Respective Responsibilities of Trustees and Examiner

The charity’s trustees are responsible for the preparation of the accounts in accordance with the Charities Act 2011 ("the Act") and applicable law. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 and that an independent examination is required.

It is my responsibility to:

examine the accounts under section 145 of the Charities Act 2011;
follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011; and
state whether particular matters have come to my attention.

Basis of Independent Examiner's Report

My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently I do not express an audit opinion on the accounts.

Independent Examiner's Statement

In connection with my examination, no matter has come to my attention:

which gives me reasonable cause to believe that in any material respect the requirements:
to keep accounting records in accordance with section 130 of the Charities Act 2011; and
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act 2011;

have not been met; or

to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Adeel Sahi FCCA

Bowdon Accounting Services Ltd Bartle House Oxford Court Manchester M2 3WQ

SAFE MMA Docusign Envelope ID: E22346C5-59DE-48B1-B849-D2262EC7761CDocusign Envelope ID: 8FB7BC81-F9D7-43E0-AAB6-0C68C0454997

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 March 2024

Categories by activity Notes Income and endowments from: Donations and legacies 2 Charitable activities 3 Investments 4 Total Expenditure on: Charitable activities 6 Total Net income/(expenditure) Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward	Unrestricted funds £ Total Funds 2024 £ Total Funds 2023 £ 8 8 - 61,338 61,338 68,425 85 85 19
	61,431 61,431 68,444
	54,312 54,312 64,858
	54,312 54,312 64,858
	7,119 7,119 3,586
	7,119 7,119 3,586 15,957 15,957 12,371 23,076 23,076 15,957

SAFE MMA Docusign Envelope ID: E22346C5-59DE-48B1-B849-D2262EC7761CDocusign Envelope ID: 8FB7BC81-F9D7-43E0-AAB6-0C68C0454997

BALANCE SHEET

FOR THE YEAR ENDED 31 March 2024

Categories by activity Notes Current assets Cash at bank and in hand 13 Total current assets Creditors: amounts falling due within one year 14 Net current assets/(liabilities) Total net assets or liabilities Funds of the Charity Unrestricted funds 21 Restricted income funds 21 Endowment funds 21 Total funds	Unrestricted funds £ Total Funds 2024 £ Total Funds 2023 £ 23,476 23,476 16,557 23,476 23,476 16,557 400 400 600 23,076 23,076 15,957
	23,076 23,076 15,957
	23,076 23,076 15,957 - - - - 23,076 23,076 15,957

1/19/2025

The financial statements were approved by the Board on ……….. and signed on its behalf by:

James Raiher Trustee

SAFE MMA Docusign Envelope ID: E22346C5-59DE-48B1-B849-D2262EC7761CDocusign Envelope ID: 8FB7BC81-F9D7-43E0-AAB6-0C68C0454997

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 March 2024

1 Accounting Policies

The principal accounting policies adopted by the Charity, which is a public benefit entity, in the preparation of the accounts are as follows.

1.1 Basis of preparation

These accounts have been prepared under the historical cost convention, as modified by the inclusion of charitable properties and fixed asset investments and investment properties at valuation.

These accounts 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)” (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

These accounts are presented in pounds sterling and rounded to the nearest pound.

1.2 Going concern

The Trustees have prepared financial projections, taking into consideration the current economic conditions and have, at the time of approving these accounts, a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the accounts.

1.3 Income from donations or grants

Income from donations and grants is recognised when the charity is entitled to the funds, the receipt is probable and the amount can be measured reliably. For donations, this is usually on receipt. For grants, this is usually when a formal offer is made in writing. If a donation or grant contains terms and conditions outside of the charity’s control which must be met before the charity is entitled to the funds, or if the donor specifies that the funds must be used in future time periods, then the income is deferred.

1.4 Tax reclaims on donations and gifts

Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise.

1.5 Contractual income and performance related grants

This is only included in the SoFA once the charity has provided the related goods or services or met the performance related conditions.

1.6 Donated services and facilities

Donated services and facilities are included in the SOFA when received at the value of the gift to the charity provided the value of the gift can be measured reliably.

Donated services and facilities that are consumed immediately are recognised as income with an equivalent amount recognised as an expense under the appropriate heading in the SOFA.

1.7 Income from charitable activities

Income from charitable activities is recognised over the period to which the income relates. Concert fees are recognised at the date of the event. Membership fees are recognised over the period of the membership. Rent is recognised over the period to which it relates. Any amounts relating to future periods are deferred.

1.8 Investment income

Dividends are included in the Statement of Financial Activities when they are declared at an amount which includes the tax credit recoverable from HM Revenue and Customs.

1.9 Investment gains and losses

This includes any realised or unrealised gains or losses on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.

1.10 Expenditure

SAFE MMA Docusign Envelope ID: E22346C5-59DE-48B1-B849-D2262EC7761CDocusign Envelope ID: 8FB7BC81-F9D7-43E0-AAB6-0C68C0454997

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 March 2024

Expenditure is recognised when a present legal or constructive obligation exists at the balance sheet date as a result of a past event, it is probable that a transfer of economic benefits will be required to settle the obligation, and the amount can be estimated reliably. It is inclusive of VAT which cannot be recovered.

Direct costs are those costs which directly attribute to its activities. Wages and salaries are allocated to direct costs based on an estimate of time spent on charitable activities by staff members.

Support costs include staff costs and are those which do not produce a direct output. Staff costs relate to specific activities and this is reflected in the allocation of payroll costs based on the percentage of time spent.

All costs, including governance costs, are allocated between the expenditure categories of the charity on a basis designed to reflect the use of the resource. Costs relating to a particular activity are charged directly; others are apportioned on an appropriate basis.

Support costs and overheads have been calculated by allocating staff time to the level of involvement in the various activities of the Charity.

1.11 Provisions for liabilities

A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date.

1.12 Fund accounting

Unrestricted funds are those funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes.

1.13 Tangible fixed assets

Fixed Assets are capitalised if they can be used for more than one year and cost at least £1,500. They are valued at cost or, if gifted, at the value to the charity on receipt

Depreciation is calculated at a rate to write off the cost of tangible fixed assets over their estimated useful lives. The rates applied are as follows:

Name Rate (%) Method Fixtures, Fittings and Equipment 25 Straight Line Basis

We have to provide the above tabular form in the accounting policy screen to enter details manually and upon saving the data, it should appear in the report without headings.

1.14 Investments

Fixed asset investments in quoted shares, traded bonds and similar investments are valued initially at cost and subsequently at fair value (their market value) at the year end. The same treatment is applied to unlisted investments unless fair value cannot be measured reliably in which case it is measured at cost less impairment.

2 Income from Donations and Legacies

----- Start of picture text -----
[Unrestricted ] Total funds Total funds
funds 2024 2023
Analysis
£ £ £
Donation and gifts 8 8 -
8 8 -
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SAFE MMA Docusign Envelope ID: E22346C5-59DE-48B1-B849-D2262EC7761CDocusign Envelope ID: 8FB7BC81-F9D7-43E0-AAB6-0C68C0454997

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 March 2024

3 Income from Charitable Activities

Analysis Administration Fees Projects & Activities Registration Fees Subscription Fees Test Services	Unrestricted funds £ 960 2,069 17,660 29,537 11,112 61,338	Total funds 2024 £ 960 2,069 17,660 29,537 11,112 61,338	Total funds 2023 £ 5,380 2,336 15,902 23,952 20,855 68,425

4 Income from Investments

Analysis Interest income	Unrestricted funds £ 85 85	Total funds 2024 £ 85 85	Total funds 2023 £ 19 19

5 Expenditure on Charitable Activities

Analysis Bank charges Staff costs Donations IT Costs Administrative Support Costs Sundry Expenses Meeting Costs Testing Services Support Costs	Total funds 2024 £ 2,004 42,622 250 929 1,457 701 - 5,949 400 54,312	Total funds 2023 £ 2,057 38,756 136 1,430 1,632 818 755 17,649 1,625 64,858

SAFE MMA Docusign Envelope ID: E22346C5-59DE-48B1-B849-D2262EC7761CDocusign Envelope ID: 8FB7BC81-F9D7-43E0-AAB6-0C68C0454997

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 March 2024

6 Support Costs

Analysis Governance Costs Independent examiners fees Legal & Professional Fees	Total funds 2024 £ 400 - 400	Total funds 2023 £ 600 1,025 1,625

7 Details of certain Items of Expenditure

----- Start of picture text -----
Analysis This year Last year
----- End of picture text -----

Analysis	This year	Last year

Independent Examination Fees	£400	£600

8 Employee’s Emoluments

8.1 Staff Costs

----- Start of picture text -----
This year Last year
£ £
Salaries and wages 35,311 34,824
Employer's National Insurance Costs 5,306 2,150
Pension costs 2,005 1,782
Total staff costs 42,622 38,756
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No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000

SAFE MMA Docusign Envelope ID: E22346C5-59DE-48B1-B849-D2262EC7761CDocusign Envelope ID: 8FB7BC81-F9D7-43E0-AAB6-0C68C0454997

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 March 2024

8.2 Average head count in the year

----- Start of picture text -----
This year Last year
£ £
Fundraising
Charitable Activities 2 2
The parts of the charity in which the employees
Governance
work
Other
Total 2 2
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9 Defined contribution Pension Scheme

	Thisyear	Lastyear
	£	£
Amount of contributions recognised in the SOFA as an expense	2,005	1,782

10 Cash at bank and in hand

Cash at bank and on hand	Total funds 2024 £ 23,476 23,476	Total funds 2023 £ 16,557 16,557

11 Creditors: Amounts falling due within one year

Independent Examiners Fees	Total funds 2024 £ 400 400	Total funds 2023 £ 600 600

SAFE MMA Docusign Envelope ID: E22346C5-59DE-48B1-B849-D2262EC7761CDocusign Envelope ID: 8FB7BC81-F9D7-43E0-AAB6-0C68C0454997

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 March 2024

12 Charity funds

12.1 Details of material funds held and movements during the CURRENT reporting period

Fund names Unrestricted funds Total	Fund balances brought forward Income Expenditure Transfers Gains and losses Fund balances carried forward £ £ £ £ £ £
	15,957 61,431 (54,312) - - 23,076 15,957 61,431 (54,312) - - 23,076

12.2 Details of material funds held and movements during the PREVIOUS reporting period

Fund names Unrestricted funds Total	Fund balances brought forward Income Expenditure Transfers Gains and losses Fund balances carried forward £ £ £ £ £ £
	12,371 68,444 (64,858) - - 15,957 12,371 68,444 (64,858) - - 15,957

13 Transactions with trustees and related parties

13.1 Transaction(s) with related parties

No payments were made to trustees or any persons connected with them during this financial period. No material transaction took place between the organisation and a trustee or any person connected with them.

SAFE MMA Docusign Envelope ID: E22346C5-59DE-48B1-B849-D2262EC7761CDocusign Envelope ID: 8FB7BC81-F9D7-43E0-AAB6-0C68C0454997

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 March 2024

14 Risk Assessment

The Trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated, combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The Trustees have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks.

15 Reserves Policy

The Trustees have considered the level of reserves they wish to retain appropriate to the CIO's needs. This is based on the CIO's size and the level of financial commitments held. The Trustees aim to ensure the CIO will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The Trustees will endeavour not to set aside funds unnecessarily.

16 Public Benefit

The CIO acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the CIO has achieved this are provided in the Trustees report. The Trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the CIO should undertake.

SAFE MMA

TRUSTEES’ REPORT AND

FINANCIAL STATEMENTS

CONTENTS

FOR THE YEAR ENDED 31 March 2024

REFERENCE AND ADMINISTRATIVE INFORMATION

TRUSTEES' REPORT

Objectives and Activities

Achievements and Performance

DATE EVENT

TRUSTEES' REPORT

FOR THE YEAR ENDED 31 March 2024

Financial Review

Reserves Policy

Trustees' Responsibilities

INDEPENDENT EXAMINER'S REPORT

Respective Responsibilities of Trustees and Examiner

Basis of Independent Examiner's Report

Independent Examiner's Statement

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 March 2024

BALANCE SHEET

FOR THE YEAR ENDED 31 March 2024

NOTES TO THE FINANCIAL STATEMENTS

1 Accounting Policies

1.1 Basis of preparation

1.2 Going concern

1.3 Income from donations or grants

1.4 Tax reclaims on donations and gifts

1.5 Contractual income and performance related grants

1.6 Donated services and facilities

1.7 Income from charitable activities

1.8 Investment income

1.9 Investment gains and losses

1.10 Expenditure

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 March 2024

1.11 Provisions for liabilities

1.12 Fund accounting

1.13 Tangible fixed assets

1.14 Investments

2 Income from Donations and Legacies

NOTES TO THE FINANCIAL STATEMENTS

3 Income from Charitable Activities

4 Income from Investments

5 Expenditure on Charitable Activities

NOTES TO THE FINANCIAL STATEMENTS

6 Support Costs

7 Details of certain Items of Expenditure

8 Employee’s Emoluments

8.1 Staff Costs

NOTES TO THE FINANCIAL STATEMENTS

8.2 Average head count in the year

9 Defined contribution Pension Scheme

10 Cash at bank and in hand

11 Creditors: Amounts falling due within one year

NOTES TO THE FINANCIAL STATEMENTS

12 Charity funds

12.1 Details of material funds held and movements during the CURRENT reporting period

12.2 Details of material funds held and movements during the PREVIOUS reporting period

13 Transactions with trustees and related parties

13.1 Transaction(s) with related parties

NOTES TO THE FINANCIAL STATEMENTS

14 Risk Assessment

15 Reserves Policy

16 Public Benefit