LONDON IHUNDER BASKETBALI Report of the Board and Financial Statements for the year ended 31 July 2025 A Charitable Incorporated Organisation Registered Charlty No. 1183865 LONDON THUNDER BASKETBALL CLUB CONTENTS Page Legal and administrative detsils Trustees, annual report Independent examiner's report Statement of financial activities Balance sheet 10 Notes lo the financial statements LONDON THUNDER BASKETBALL CLUB LEGAL AND ADMINISTRATIVE DETAILS Trustees Peter Mark Bishai (Chairman) Steven Bucknall IDireclor of Coaching) Adelaine Nielzold Nikki Sealy Peter Lang Dejan Paunovic Neil Clark Angela Loum Charity number 1183865 (England and Wales) Registered office The Thunderdome Unit 2 Stockholm Road London SE16 3LP Indgpendent Examinor Gilbert Holbourn FCA, FCCA, DChA 1 Upper Bridge Street Wye, Kent TN25 SAF Bankers Santander UK PIC 2 Trilon Square Regent's Park London NW1 3AN Lawyers Matrix Chambers Griffin Building Gray s Inn London WC1R 5LN LONDON THUNDER BASKETBALL CLUB REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2025 The Trustees present their Annual Report together with the Financial Statements for the year ended 31 July 2025. Organisation, Structure and Governance Governing document London Thunder Basketball Club was constituted as a Charitsble Incorporated Organisalion on 13 June 2019, when it was registered with the Charity Commissioners for England and Wales as Charity No. 1183865. Oryanisation The board of trustees (the °Trustees"l administers the Charity. They meet lermly lo make strategic decisions. The day-to-day running of the Charity is dealt with by Peter Bishai, Steven Bucknall, Nikki Sealy and Dejan Paunovic. The operational structure consists of a chairman and a director of Coaching, as well as the following part-time staff.. a Finance Offi￿r, a Covid Officer, Club Secretary Executive, a Welfare Officer and a Non-executive Member. A steering committee of service users actively participates in decision-making and setting strategy, alongside the Chairman. Trustges The following have held office since 1 August 2023, unless otherwise stated.. Peter Mark Bishai Steven Bucknall Adelaine Nietzold Nikki Sealy Peter Lang Dejan Paunovic Neil Clark (Appointed on 21 February 20251 Angela Loum (Appointed on 21 February 2025} Appointment of trustees Trustee recruilmenl is an open process conducted by existing charity Iruslees through public advertising and the East London Business Alliance board match. Apart from the first charity trustees, every Iruslee must be appointed for a term of three years by a resolution passed at a properly convened meeting of the Trustees. In selecting individuals for appointment as charity Irusleès, the Trustees musl have regard to the skills. knowledge and experience needed for the effective administration of the Charity. Objectives and Activities Objectives The objects of the Charity are.. To promote community participation in healthy recreation by the provision of facilities for playing basketball.. and to advance the education of children and young people in particular by the provision of a study club and work experience. Activities The club exists for the benefit of those who wish to develop their skills in the sport of basketball. We utilise basketball to offer participants the opportunity lo be healthy, enjoy, achieve and have fun in a safe and supportive environment. We provide players with technical training in addition lo teaching the values of teamwork, responsibility. and self-discipline. LONDON THUNDER BASKETBALL CLUB REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2025 Public benefit statement The TTUStees confirm that they have complied with the duty in section 4 of the Charities Act 2011 10 have due regard lo the Charity Commission's general guidance on public benefit, 'Charilies and Public Benefit.. A¢higVgmonts and porformanco During 2024-2025, London Thunder Basketball Club continued to strengthen its role as a community- based basketball organisalion providing structLJred sport, positive role models and development opportunities for young people across inner London. The club's charitable PLJrpose remains centred on providing activities that benefit the Community, particularly diversionary activity for disadvantaged young people who may not otherwise have access lo high-quality coaching and organised basketball. The club has maintsined a strong and visible presence through ils base at The Thunderdome. Stockholm Road, SE16 3LP, while also extending community access through sessions al South Bermondsey and Forest Hill. The club's Open-aC￿$S Pay & Play model provides a roule into basketball for players who may not yel be ready or able lo commit lo Basketball England National League teams, supporting both participation and pathway development. A major achievement has been the continued growth of the club's performance and development structure. London Thunder now operates across a wide junior and senior pathway, including Mini- BallerslU12, U14 boys and gids, U16 boys, U161U18 girls, U18 boys, senior men and women's provision and this demonstrates the breadth of the programme and the sustained demand for slruclured basketball opportunities across multiple age groups. The girfs, and women's programme has continLJed to be a key area of pr(￿ress. The club has promoted open trials for women and girls, National League teams and now provides dedicated training opportunities across U14, U16, U18 and women's basketball. This reflects the club's commitment to gender inelLJsion. improved access and the development of female players in a SLJPPOrtive performance environment. The club has also maintained ils commitment to inclusion through wheelchair basketball. London Thunder has restarted wheelchair basketball at both junior and senior levels. This is a significant step in broadening access and ensuring that the club reflects the full diversity of the local community. Community engagement has remained a core strength. London Thunder's use of the Slam Jam model supports younger children's first experience of basketball in a fun, safe and structured environment. Basketball England describes Slam Jam as its official junior programme for children aged >11, focused not only on basketball skills but also physical literacy, movement fundamentals, enjoyment and long- term engagement in the sport. The club has continued to provide wider enrichment alongside basketball. This has included creative activities, exposure to elite basketball, wellbeing support and opportunities for young people to develop confidence, resilience and positive peer relationships. Group attendance al professional basketball events, including London Lions games, has helped connect young players to the elile game and inspire ambition within the club pathway. LONDON THUNDER BASKETBALL CLUB REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2025 Achievements and performance {continuedJ Mental wellbeing and personal development have remained important parts of the club's approach. The use of sports psychology support around motivation, resilience, confidence and team cohesion has strengthened the club's player development offer and reinforced the principle that basketball should support young people both on and off the court. The club's volLJnteers have again played a vital role in supporting delivery, administration, session coordination and the wider running of the organisation. The 10+ volunteers and 8 trustees for London Thunder, underlining the importance of volunteer contribution to the club's sustainability and govemance. London Thunder also continued to demonslrale strong player-developmenl outcomes. New Bermondsey Sports Foundation recognised the achievements of London Thunder players Cecilia Victorious, Myles Barry and Andrew Nwokolo, who were selected for England Selection Camp in April 2024. This highlights the club's ability lo support players from community entry points through to higher- level talent pathway opportunities. Partners and Supporters London Thunder Basketball CILJb is grateful to all partners, funders, volunteers, families and supporters who have contributed to the club's continued growth. The club particularly acknowledges the support of New Bermondsgy Sports Foundation, which has significantly supported London Thunder's activities and development. The relationship remains central to the club's ability lo provide high-quality basketball opportunities from The Thunderdome and lo serve the local community. The club also continues to benefit from school and education partnerships, including work linked lo basketball delivery, lalenl development, community access and slruclured youth engagement. These partnerships help create a bridge between school, club and community sport. while supporting young people who may benefit from positive aclivily, mentoring and consistent developmental environments. The Turing Scheme-supported European tour lo Spain was a major highlight, providing 45 young alhleles with international basketball experience, cultural exchange and personal development. The tour helped broaden horizons. particularly for young people from underrepresented and underprivileged backgrounds, and strengthened the club's ambition to offer life-changing opportunities through basketball. Donations Our donations over the period included The London Borough of Lewisham £31,77012024.. £41,760), The Wellington Foundation £40,00012024.. £40,000) and Sports England £Nil12024.. £41.0001. LONDON THUNDER BASKETBALL CLUB REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2025 Plans for the Future London Thunder's strategic priorities for 2025 and beyond are.. 1. Strengthen volunteer support Formalise volunteer roles, improve onboarding and create clearer support structures across adminislralion, events and delivery. 2. Grow the girls. and women's pathway Continue expanding female participation, coaching quality and National League opportunities across junior and senior age groups. 3. Develop wheelchair basketball Build on the restart of junior and senior wheelchair basketball and create a sustainable inclusive programme. Expand community access Increase open-access sessions, Pay & Play opportunities and satellite activity across South Bermondsey, Forest Hill and other local venues. 5. Increase primary school engagement Grow Slam Jam and school-based delivery to intr(xluce more >11-year-olds to basketball in a safe, enjoyable and developmental setting. 6. Improve playerwellbeing support Continue using sports psychology, mentoring and wider wellbeing interventions to support resilience, motivation and confidence. 7. Strengthen the performance pathway Provide clearer routes from Mini-Ballers and community sessions into National League, elile competition and talent pathway opportunities. 8. Expand enrlchment opportunities Continue using professional-game exposure, cultural experiences, tours and creative aclivilies to support whole-person development. 9. Improve operational efficiency Strengthen registration, payment, scheduling, communication and monitoring systems lo meet growing demand. 10. Dgvglop facilitlgs and long-term sustainability Continue improving The Thunderdome and seek new investment, partnerships and funding lo support court space, equipment and pr￿ramme growth. Conclusion London Thunder Basketball Club has continued lo grow as a trusted community organisalion, providing inclusive basketball opportunities, positive role models and structured development for young people across inner London. The club's work now spans participation, performance, wellbeing, inclusion, primary school outreach, wheelchair basketball and international development opportunities. Looking ahead, the priority is to build on this progress in a sustainable way.. strengthening governance, supporting volunteers, widening access, growing the girls, and wheelchair programmes, and ensuring that basketball remains a powerful tool for community connection, aspiration and personal growth. LONDON THUNDER BASKETBALL CLUB REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2025 Financial review Flnanclal posltlon Al the end of 2025, the Club had net assets of £103,005 12024= £174,937) made up of fixed assets £93,38912024.' £120,467}. cash at bank and in hand of £11,06612024'. £57,070) and less accruals of £1,45012024.' £2,600). During the 2025 financial year, the charity received income of £176,90512024- £229,778). This came from several different sources as detsiled in note 2. The Club incurred expenditure of £248,83712024.' £224,144), resulting in a net deficit of £71,93212024'. surplus of £5,6341. Al the end of the financial year, the reserves stood at £103,00512024'. £174,937). Investment and reserves polley The Trustees aim to maintain free reserves in unrestricted funds of six months of unreslricled expenditure. The Trustees consider that this level of resetves will provide sufficient funds to continue delivering the core work of the charity in the case of declining income or increasing expenditure, while alternative funds are sought. The level of reserves held throughout the year will be monitored lermly, and the level of free reserves to be held will be reviewed on an annual basis. Risk management The Trustees regularfy review the key financial, operational, slralegic, reputational, and safeguarding risks facing the Charity. A risk register is maintained and updated annually. Over the course of the reporting year, the Trustees considered the key risks to be those relating to insecurity of funds, overcrowding of play sessions, and staff capacity, and put in place plans lo address these risks. LONDON THUNDER BASKETBALL CLUB REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2025 Trustees, responsibilities in relation to the financial statements The Trustees are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the charity s financial activities dLJring the period and of its financial position al the end of the period. In preparing these financial statements, the Trustees are required lo= select suitable accounting policies and then apply them consistently., observe the method and principles in the Charities SORP., make judgements and estimates that are reasonable and prudent., slate whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial stalemenls., prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business. The Trustees are responsible for keeping proper accounting records that are sufficient lo show an explain the Charity's transactions and disclose with reasonable accuracy al any lime the financial position of the Charity and lo enable them lo ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The Trustees meet lermly and review management accounts, fundraising forecasts, and cash flow analyses. The Trustees believe that the Charity is a going concern and for this reason, the going concern basis for the preparation of the financial slalemenls is considered valid. Approved by the Trustees and signed on their behalf by.. Nikki Sealy Peter Mark Bishal 9th June ..2026 8.th.J.une....2026 LONDON THUNDER BASKETBALL CLUB INDEPENDENf EXAMINEIYS REPORT TO THE MEMBERS FOR THE YEAR ENDED 31 JULY 2025 Resp•cdvè responslbllltles of truste•s and examln•r I report on the ofthe c4xnpany for the year fjnded 31 Juty ￿25, wthich are set out on pages 8 to 14. The Trustees are ￿pC￿lble for.lhe weparation of the accounts. The Trustees consider that an audit is not ry4uired for this year under section 144121 of the Charities Act 2011 {the 2011 Act) and Ihal an ind8pendenl examn8tion is needed. l am qualffied to undertake the examination by being 8 qualffied memLw of T￿? InslitLts of Chartwed kn￿ntrnts In Eryland and Wales. Havir¥J S*1sfi￿ myself that the Charity i8 rhjt subiocl to audtt and is elvJible indopendenl examination. it i¥ my reS[￿sI￿1ty to: examine the accounts under section 145 of the 2011 Act. to follow the prccedures18id dovm in the general DirerAh)ns given by the Charity Commission under sectNJn 1445Mb} of the 2011 Art and to state whether partitwkr mattets have Ixyr* to my attent￿. Ba81s of ind•pendent examlnerfs report examinat*)n was ¢xrried txrt In a(xordance with the general Directions given by the Charity Commission. An examinalion indudes a review of the acLy)unting re￿$ kept by the Charity and a comparwn ofthe ac￿￿nts presented ￿th those r￿d$. It also incIL￿¢S ¢(￿81deration of any unusu81 Items (x disdosures in the acccyjnts, and seeking explanations from y(yJ as trustees o)nceming any such matters. The txccedures uNJert8ken do not prowde all the eviden￿ that would be required in an audit and consequenlty no wnion is given as to whether accounts present a Irue and fair viebv and the report is limibj to those matters set out in the statement below. Ind•pendent examlnefs Stat￿nt I have rnmpleted my examinati￿. l Confimi that ￿ materd matters have come to my attenllon In connection wilh the 0xamnati￿ ¥thith gNe5 me cause to belwe Ihèt kn. any maleriol respect the accountirg r￿ordS were not kept in a¢￿￿dar￿e with s￿￿On 130 of the Charitles A¢X or the accounts did not accord ￿ the accounting re(£*ds.' or the acLX)unts did not ￿mpty wlh the applKable reqUIren￿ts c*ncemir¥J the f￿M and ￿ntent of accx)unts set OLrt in the Charibes IAco)unts and RetKJrts) RegU[at￿n$ 2008 other than any requirement Ihal the accounts gwe a Irue and fa* v*w ts not a matter C￿sidered as part of an independent examinali￿1. I have no concems and have come across no other matws in c4)nnection with the oxamination towhith attention should be dra￿ in this rep￿ in crfder to enabl8 a woper u￿lerstand￿Yj ofth8 acc¢Mnts to be 4f rt Holl)oum F A. FCC& t)ChA 1 Upp6r Bridge Stree( Wye. Kent TN25 SAF LONDON THUNDER BASKETBALL CLUB STATEMENT OF FINANCIAL ACTIVITIES (INCOME AND EXPENDITURE) FOR THE YEAR ENDED 31 JULY 2025 2025 Total Funds 2024 Total Funds Note Income from= Donations Charitable 8divitigS Other charitable aotivities Total income 99,514 69,463 7,928 146,760 65,928 17,090 176,905 229.778 Expendlture on: Raising funds Charitable activities Total expendlture 1,933 246,904 5,038 219,106 248,837 224,144 Net Ideficitll surplus of funds for year 171,9321 5,634 Total funds brought forward at 1 August 2024 174,937 169,303 Total funds earriod forward at 31 July 2025 103,005 174.937 All recognised gains and losses are included in the statement of financial artivities. The results for the year all relate to continuing operations. The notes on pages 10 to 14 form part of these financial statements. LONDON THUNDER BASKETBALL CLUB BALANCE SHEET AS AT 31 JULY 2025 2025 2024 Notes Fixed assets 93,389 120,467 Current assgts Cash al bank and in hand 11,066 104,455 57,070 177,537 Creditors- amounts falling due within one year {1,4501 12,6001 Net current assets 103,005 174,937 Net assets 103,005 174,937 Resenies Unrestricted funds 103,005 174,937 Totsl funds of the Charity 103,005 174,937 The notes on pages 10 to 14 form part of these financial statements. The financial ststemenls were approved by the Trustees and signed on their behalf by.. Nikki Sealy Peter Mark Bishai 9th June .2026 ath.June.2026 io LONDON THUNDER BASKETBALL CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 Accounting policies A summary of the principal accounting policies adopted, judgements and key sources of estimation uncertainly in the preparation of the accounts are laid out below. Basis of preparation The financial statements are prepared for the year ended 31 July 2025. The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise slated in the relevant accounting policies below or the notes lo these accounts. The 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 United Kingdom and Republic of Ireland IFRS 1021 (Charities SORP FRS 1021, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021 and the Charities Act 2011. The Charity conslitules a public benefit entity as defined by FRS 102. The accounts are presented in sterling and are rounded to the nearest pound. Critical accounting estimates and areas of judgement Preparation of the accounts requires the trustees and management to make significant judgements and eslimales. The items in the accounts where these judgements and eslimales have been made include.. Eslimaling the useful economic life of tangible fixed assets Allocation of support costs Assessment of going concern The Trustees have assessed whether the use of the going concern assumption is appropriate in preparing these accounts. The Trustees have made this assessment in respect to a period of one year from the date of approval of these accounts. The Trustees of the Charity have concluded that there are no material uncertainties related lo events or conditions that may cast significant doubl on the ability of the Charity lo continue ss a going concern. The Trustees are of the opinion that the Charity will have sufficient resources to meet ils liabilities as they fall due. The most significant areas of judgement that affect items in the accounts are detailed above. Income All income is included in the Statement of Financial Activities when the Charity is enlilled lo the income, receipt is probable and the amount can be quantified with reasonable accuracy. The following specific policies apply lo categories of income.. Donations are recognised as income when receivable. except insofar as they are incapable of financial measurement. Investment income is accounted for in the period in which the Charity is enlilled lo receipt. Donated services and facilities are included al the value lo the Charity where this can be quantified. The value of services provided by volunteers has not been included in these accounts. li LONDON THUNDER BASKETBALL CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 Accounting poli¢i9s lcontinugdl Expgndituro Expenditure is recognised on an accruals basis as a liability is incurred. All costs are allocated between the expenditure categories in the statement of financial activities based on the use of the resource. Grants payable are charged in the year when the offer is conveyed lo the recipient. Governance costs are included within charitsble activities and reflect the costs of an independent examination in order to meet the constitutional and statutory requirements of the Chari(y. The costs of raising funds include relevant proportions of the salaries of those responsible for fundraising and the costs of items used solely for fundraising Ileaflels, etc.). The Charity exists in order to deliver a front-line service and only fundraises to facilitate that activity- other support costs therefore have been allocated lo charitable aclivilies. Related party transactions There have been no related party transactions in the reporting period that require disclosure except for those disclosed in note 8. Debtors Debtors are recognised at their settlement amount, less any provision for non-recoverabilily. Prepayments are valued al the amount prepaid. They have been discounted to the present value of the future cash receipt where such discounting is material. Cash at bank and in hand Cash al bank and in hand represents such amounts and instruments that are available on demand or have a maturity of less than three months from the date of acquisition. Deposits for more than three months but less than one year have been disclosed as short-temi deposits. Cash placed on deposit for more than one year is disclosed as a fixed asset investment. Creditors and provisions Creditors and provisions are recognised when there is an obligation at the balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the selllemenl can be estimated reliably. Creditors and provisions are recognised at the amount the Charity anlicipales it will pay lo settle the debt. They have been discounted lo the present value of the future cash payment where such discounting is material. 1.10 Accumulated funds Unrestricted funds are donations and other income re￿Ivable for the objects of the Charity without further specific conditions and are available as general funds. Reslricled funds which have been donated for a specific purpose, are restricted in use lo that project and not available as general funds. 1.11 Taxation London Thunder Basketball Club is a registered charity and therefore is not liable to income lax or corporation tax on income derived from its charitable activities, as il falls within the various exemptions available to registered charities. 1.12 Tangible fixed assets and depreciation Tangible fixed assets are stated at cost less depreciation. The costs of minor additions or those costing less than £1,000 are not Capilalised. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows.. Leasehold Improvements- over the remaining 4 years 12 LONDON THUNDER BASKETBALL CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 2 Total Income Income from donations 2025 2024 Donations and grants 99,514 146,760 Income from charitable activities 2025 2024 Community coaching Registrations and subscriptions Gym hire 496 55,597 9,835 69,463 69,463 65,928 Income from other charitable a￿1vitieS 2025 2024 Fund raising income 7,928 17,090 7,928 17,090 Total 176,905 229,778 3 Total Expenditure Charitable a¢tivitlgS Activities undertaken directly Support osts Total 2025 Total 2024 Operation of Basketball Club 213,091 33,813 246,904 219,106 13 LONDON THUNDER BASKETBALL CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 Total expenditure Icontinuedl Analysis of activities undertaken directly 2025 2024 Coaching costs 119,814 28,778 2,260 15,910 5,218 2,130 9,988 2,439 10,916 5,804 9,834 91,026 26,527 797 9,204 4,979 2,055 9,959 1,776 8,189 15,142 15,618 Telephone Travelling Cleaning Website costs Li￿nCe fees Club registration and subscriptions Court hire Equipment maintenance Kit and equipment 213,091 185,272 Analysis of support costs 2025 2024 Insurance Printing costs Miscellaneous GOvernan￿- Independent examiner's costs Depreciation 237 163 4,885 1,450 27,078 33,813 237 5,172 1,350 27,075 33,834 Total charitable activities 246,904 219,106 Total Charitable activities Raising funds 246,904 1,933 219,106 5,038 248,837 224,144 14 LONDON THUNDER BASKETBALL CLUB NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 4 Tangible fixed assets Lgasohold improvgments Cost Al 1 August 2024 Additions Al 31 July 2025 178,237 178,237 Dgprgciation Al 1 August 2024 Charge for the year 57,770 27,078 At 31 July 2025 84,848 Net book value Al 31 July 2025 93,389 At 31 July 2024 120,467 Building Improvements A subslanlial sum of £208,727 was spent in 2021 on the repair and improvement of the Thunderdome Building. The Trustees estimated that 25 /0 of that cost amounting to £52,182 should be capitalised as Improvements and written off over the remaining life of the lease. During the year £Nil12024.. £67.7111 was spent on installing basketball courts which have been capitalised and written off over the remaining lrfe of the lease. S Creditors.. amounts falling due within one year 2025 2024 Accruals 1,450 1,450 2,600 2,600 6 Employees Number of employees The average monthly number of Trustees and Volunteers during the year was 812024.. 71. 7 Long-term commitment The Thunderdome Building is held under a lease of fifteen years ending on 4th April 2028 al a rent of £1 per annum. 8 Trustees No Iruslee12024'. one) was reimbursed £Nil 12024.. £5241 for travel expenses incurred on behalf of the charity. No trustees re¢eived12024'. £Nill remuneration under a Contract for services with the charity which was considered lo be reasonable and in the besl interests of the charity. Two Iruslees also received a total of £30,29212024.' £31,684) for coaching services through their company, which was also considered lo be reasonable and in the best interests of the charity. 15