Charlty reglstrailon number 1184242 STRONGPIEN CHARrrABLE INCORPORATED ORGANISATK>M ANNUAL REPORT AND UNAUDrrEO FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AIARCH 2025 STRONGMEN CHARITABLE INCORPORATED ORGANISATION LEGALAND ADMINISTRATIVE INFORMATION Truslgos Mr S J Crowther Mr M Franthi Mr IA M¢D(￿k￿ MrSGJLkAff Mr M Pugh Chartty number 1184242 Ind￿endant examiner Carpenter Box Amelia House Crescenl Road Worthiro West Sussex BN11 1RL Bankers Lloyds Bank 25 Gresham Street London EC2V 7HN Solicitors Rix & Kay Soliut(Ks LLP 7 The Drive Brighton & Hove BN3 kls STRONGMEN CHARITABLE INCORPORATED ORGANISATION CONTENTS Trustees. report Independent examinerfs retxxt Statement of financlal acbvibes Balance she6t Notes to the finan(xal statements 6-15 STRONGMEN CHARITABLE INCORPORATED ORGANISATION TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 The trustees wesent their annual re[￿ and finaThial stalements for the year eNled 31 March 2025. The fin3n¢ial statements have been p￿pared in accordan￿ wtlh Ihe accounb"n9 kN)ll¢￿5 set out in note 1 to the finanaal ststements and comply with th8 CIO'S consttlulv)n, the Charitias 2011 arKI "Accounting and Repo￿n9 by Charities". Staternent of Rewmm8rKled Practice awicable to charit￿5 preparirvJ their accounts in accordanco with the Finanual Reporting Standaid aWThble in the UK and Republic of Ireland IFRS 102r (effective 1 January 20191. Objectives and actlvltles Our aim is to support men following bereavwnent. Grief can cause severe emotK)nal arKI physt(al health conditions which are often ovèrk*Jked and even Ig￿￿. especialty in men. The charity offers various seNices including th Weekender Whe￿ we hosl benefficiaries in renKJle locations su¢h as Snowdonia, wilh the backdrop of campiThJ, dimbing fnourrtains, a¢bvities (such as zip ￿rrr￿J. canyoning. nmxjntain karling) whilst providing saf8, secure environments lor natural conveT5alK>ns to take place. Man2Man and Man2Man Extra Tiwne are our on<rone based support services delNered by vdunleers or trdined ¢xbunselbrs. Aftercare sUPPOrt is deliverwJ for all our services inctuding online meet-ups. Weekendw Reunions or outdoor training ￿￿[Se$ a￿1 our annual Academy events. focusing on wellbeing. Public bgnefft The tnjstees have paid due regard lo guidance wied by the Charity commiss￿ in deciding vjhat activities tr CIO should undertake. Achievèmonis and performance We have had OUT best y98f to date. driven by the focus of celebrating 5 years as a registered charity. We managed to increase our income by 53% wilh spellding also incxeasing signrfK¥ntly, by 43%. Having moved into our off last year, our fcKv$ has been localty a5 wdl as naI￿alty, allowing us lo forge new partnef5hips locally. hosting events from HQ a5 well 8$ Out and aLxJuL The need for our SerVTr￿ continues lo increase wgnifi¢anly year ￿ year, with the largest in￿aSe being for our 1".1 servÉces,' Man2Man and Man2Man Extra Time. We have adapted thè Weekenders lo help continuation of suprrtxt through specialist tralning courses, suth as NNAS, as well as some overseas ￿1VentureS such as lQliManja￿. In addition lo these established serwces, wè have continued (wr annual Academy events where oxÉsting beneficiaries are retained through our aftercare support services. We remaNI in 8 stroftg finanual pK)5iiion and kJ)k towards apwnling *kJitional Staff membeys Ihrough 2025 to help US spread the burden from existing staff. parbixjlarly our CEO. We have seen significant increases in our trained volunteers, which now nurnber 37. helping us cover ff￿re divew fonns of105s in muth greater numbèrs. It also allows Man2Man Extra Time the opportunity to dovetail into 88th other, which has ￿en very sucpEssful. We have setrn gwt suc¢Ms tor our (yyrwle fundrai￿ng initiative, centui1c￿ Club. Ythich was introduced to help relinquish the buiden of trusts and grants and r￿uS on the private sgciors. through regular giving and sponsorship. This rs somelhing y￿ are acthvely pri)moting througknLrt our ￿tW(lkS and beyond. As the charrty has grown we have ha¢J lo develop and increase ouc volunteer netWOTk. without whom ￿￿ simply could not offer the suppcx1 that we do. Our Man2Man volunteers are inlegral lo the charity, and we recognise this with regular monthly supervisi(￿. CPD and training to help them develop and grow. not only as peer support vol￿teerS. but also as people. Financial r•vi•w Whilst we have seen sNJntfiGant increases in ino)me. we have also seen similar increases in expenditure. We re¢ognisa how challenging the sèctor is at the momenL and work oxjntinues lo dNersify our incoffle stream io help meet this need. Whilst we do not anticipate next year to be as successful in lemis of income. we continue lo operate with gocMI ￿serVeS, fvrthermore. the Tdationships that have been fomed allow us to incraase awarerwss which generally brings revenue through fundraisirrfJ. talks, merchandise sales and the like. Since the year-end we have also intr(yJuced our new campaign. Dead Dads Club. in June 2025 whith is designed to help us reach new audiences in temis of age. demographTC and cuhure. This. we believe, wll help drive the charrty fO￿ard over the coming years. STRONGMEN CHARITABLE INCORPORATED ORGANISATION TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Reservos policy As mentioned above we still hold strong re5eTves, however. our base ca)sls have in(x8ased signthcantly with the cos141f-living inuease, the scaling of support, suppM)rbng our stsff and volunteers, as well a5 the offKe and other overheads. With this factored in we have seen our reserves reduce from prewryjs years, however we are expecting lo maintain around &9 ny)nths subject lo timing, so betwe8n £150,{￿ and £215,000. At 31 March 2025 reserves held totalled £212,79812024 - £172,581) of which £202,529 UnreStr￿ted {2024 - £167.7911 and £10,269 was restricted {2024 - £4,790). Plan$ for future perlod$ Strongmen has gone from strenglh lo strentyh over the last 2-3 years. this has seen us invesl in our stsff. volunteers. seNi¢es and tenefi(iaries. We have rM)w embarked on major awareness Campaigns, with last yearfs 'Clirnb Your Mourjtain, culminating in our a￿￿t on Kilimanjaro_ 2025 see us lead a group of be￿aVed men to Toubkal in Moio¢co lo continue to drive this forward. Dead Dads Club is very much at the forefront of our social media drive, and we appreaate how important this ￿11 b8 to the younger and more diverse c(￿M￿ni￿eS. Centurion Club continues to provide great oppM)rtunilies for funding and awareness, enabling us lo reach the private sector to help engage them across our platfotrns. Structure. govemance and management The CIO is a Charitable Incorporated Organisatton, and is governed ty a constrtut￿)n for Charitable Incorporated Organisations dated 3 2019. when il was registered at the Charity Commission. The registered charity number is 1184242. The tmsle8s who served during the year and up to the dale of signabjre of the fmancial statements were.. Mr S J Crowther Mr M Franchi Mr M M¢Donald MrSGJDuff Mr M Pugh Recnjitment 8nd aPp￿ntment of trustees The Board of Tmstees are responsible for appointiThJ new trustees. New trustees are ￿¢T￿lted based on their experience and expert15e. The trustees, ￿port was approved by the Board of Trustees. r S J Crowther Trustee Mr M Pugh Trustee Dale.. STRONGMEN CHARITABLE INCORPORATED ORGANISATION INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF STRONGMEN CHARITABLE INCORPORATED ORGANISATION I report lo the trustees on my examination of the finarrial statements of Strongmen Charitsble Incorporated Organisation (the CIO) for the year erKJed 31 March 2025. R•sponsibilitie$ and basls of report As the trustees of the CIO you are responsible for the weparation of the financial slatements in a¢¢ordance with the requirements ofthe Charibes Act 2011 {the 2011 Acti. I report in respect of my examination of the CIO'S finanaal statements carried out under section 145 of the 2011 Act. In carrying out my examination I have fdlowed all the applicable Directions gwen by the Charity Commission under section 14515}Ib} of the 2011 Act. Independ¢nt exaMI￿￿S statement Since the CIO'S gross income exceeded £250.(j￿ your examiner must be a member of a IXKJY listed in Section 145 of the 2011 Ad. I confimi that l am qualffied to undertake the examination because l am a m8mber of the Instrf£ute of Chartered Accountants in England and Wales. which is ¢)ne of the list￿1 bcmlies. Your attention is drawn to the fact that the thaTrty ha5 prepared financial 5tstements in aect-. accounting records were not kept in respect of the CIO as required by section 130 of the 2011 ACL OT the finanual statements do accord wth those records,. or the financial statements do not ComF￿Y wth the applicable requiremerrts con(*ming the form and ¢ontent of accounts sel out in thè Charrties IAc(xxJnts and Rew)rtsl Rggulotions 2008 other Ihan any requirement that the accounts give 8 tnje and fair view whith is ￿t a matter twisidered as part of an independent examination. I have no concems and have comè across no other mattefs in cJ)nne¢tion with the examin8b.on to which attention should be drawn irs this report in Ofder to enable a prO￿r understanding of Ihe financial ststements lo be reached. Robin Evans BA FCA CTA DChA Carpenter Box Amelia House Crescent Road Worthing West Sussex BN11 1RL STRONGMEN CHARITABLE INCORPORATED ORGANISATION STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITUREACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestrlct•d Restricted Total Unre$trict•d Restricted funds funds 2024 2024 Total 2025 2025 2025 2024 Income from: Donalions and legac Charitablo actiwties Other trading activities Investments 138.112 44.814 91.320 1.180 174.112 63.C(13 91.320 1.180 107.650 4.711 41.446 791 56,420 4,993 164,070 9,704 41,446 791 18.189 Total Income 275,426 54.189 329.615 154,598 61.413 216.011 Expendithrg on: Raising furKYs Charitable actsvrties 55,409 185,279 2,476 55,947 52,556 149.615 48.710 233.989 93.668 Total expenditure 240.688 48,710 289,398 143.748 58.423 202.171 Net incorn• and movemenl In fvnds 34.738 5.479 40.217 10.850 2.990 13.840 Rgcon¢Sllatlon of funds: Fund balances at 1 April 2024 167.791 4,7 172.581 156,941 1.800 158.741 Fund balances at 31 March 2025 202.529 10269 212,798 167.791 4.790 172,581 The statement of financ¥al activities indudes dl gains and losses recc¥Jnise(l ir7 the year. All irmne and eyndituye derive from continuing ath"wiies. STRONGMEN CHARITABLE INCORPORATED ORGANISATION BALANCE SHEEr AS AT 31 MARCH 2025 2025 2024 Fixed a$$¢ts Tangible assets Investments 13 14 5.972 7,941 5.975 Currnnt assets Dabtors Cash at bank and in hand 16 25,460 2(K),651 7.460 178.783 226.111 186,243 Crgdltors: amounts falllng due wilhin ono yoar 17 19.288 21,6(NS Nel current assets 206.823 164,637 Totsl assets less current Ilabilitl¢s 212,798 172.581 fvnds oftho CIO Restricted Income funds Unrestn"¢ied funds 19 10.269 202.529 4,790 167,791 212,798 172.581 Th& financial slatements were approved by Ihe trustees on ...14 Mr S J Crowlher Trust8? Mr M Pugh Tn￿lee STRONGMEN CHARITABLE INCORPORATED ORGANISATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 A¢count5ng policies 1.1 Accounting convontlon The finanu81 statements I￿ve been prepared in acconjance the CIO'S (x)nstitution. the Charitias A¢t 2011, FRS 102 "The Fin8ncial Rèporting StaThlard applicable in the UK and Rewblic of Ireland. I"FRS 102.1 and the Charities SORP "Accounb"ng and Reporting by Charities." Statem8nl of Recommanded Practice aPpI￿able to thar￿9$ preparing their accounts in accordan(% ￿th the Financial RepO￿.￿g Standard applic2ble in Ihe UK and Republic of Ireland IFRS 102)" leffethe 1 January 20191. Tr CIO is a PU￿ Benef*t Enbty as defin8d by FRS 102. Th8 CIO has taken thantag8 of Ihe pmwsions in the SORP for d￿rilieS rjot lo prepare a state￿￿t ol Cash Flows. The CIO has taken advantag6 of Ihe exemplion urKler sectK>n 139 of the Chanties Act 2011 not to prepare consolidated acC￿nts. The financial staten*nts presenl inf0m￿tion about the CIO as an tndNMJual entity and not about its group. For the year ended 31 Marth 2024, the CIO prepared rls &cwnls a receipts and payments basis, as pemitted under the charit￿ SORP IFRS 102} Whe￿ gross income is below £250,1XX). Gross income exceeded £250.000 in the year ended 31 March 2025. therefore the a(tounls have been prepared on an a￿rualS basis. has required the comparati¥e figures to be reststed to a150 be on an ￿rxUa1S basis. The financial statements a￿ prepared in sterfing. whith is the fun(lional rjjrrency of the CIO. Monetary amounts in these financial $i*w￿ntS are roun(Fed to Ihe wrest £1. The financial statements have been wepared under Ihe historical cost convention. Tho principal ac(X)Ltnting FKI1￿18$ adopted are set out beknw. 12 Golng concern At the lime of approving the finanoal slatements. the trustee5 have a ieasonable èxpe¢tation that the CIO has adequate resources to c(Nkn"nue in operdtional exist¢nce for the fO￿Seeable firture. Thus the trustees contsnue lo adopt the going ￿)ncern b￿"3 of accoUnt￿g in prq*ring the finan¢Kg1 stalements. IJ Charltabl• fvnds Unresthcted t(Jnds are available for use at Ihe of lh8 truslees in furtherance of their charitable objectives. Restricted funds are subject to Spe￿fiC cxxKlttions by donots or grant(Ks as lo how Ihey may be used. The purposes and uses of the restricted tunds are set out in the notes to the financHI 51atements. 1.4 In¢orne Ir￿oMe is r￿nised when the CIO is legally entiued to it after any perfomiarKe (x)nditions have been mel, the am(xJnls can be measured mliabiy. and it is probable that int>)me will be re(tived. Cash don81ions a￿ recognised on receit Other donatic￿S are re(wnised once Ihe CIO has been nolrfied of the donation, unless perf¢)rrnance o)ndtts'ons ￿uIre deferral of the amount. Incorne tax recLJver8ble in rdation lo donations received under GfftAkl or deeds ofcovenanl is recwnwd at Ihe time of the donation. STRONGMEN CHARITABLE INCORPORATED ORGANISATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 A¢¢ounting poli¢ies (Continued) 1.5 Expenditure Expendilure Is rec(YJnised orts there is a 18gal cf conStr￿live obtigation to transfer economic LEnefit lo a third party, rt is probable Ihat a transfer of e(xJnomic benefits wdl b8 required in setdement, and the affl(￿nt of the obltgation can be nwured rella￿y. Expenditure is classffied by *ivty. The c4)sts of eath actsvity a￿ made up of the tolal of di￿ ￿$ts and shared costs, indu(ling supwrt costs invofved in undertaking e8¢h aCt￿lty. Direct costs atlributaL4e to a single activity are allocated diredy to that actbvty. Shared O￿ts which cnntribute to more than one activity and Supp(￿1 costs which a￿ not 8ttn.but3￿e to 8 single acbvrty ale ap￿i￿ed betsveen those activths on a basis conystent the use of resources. Central staff costs are 31knated on the basis of time spent, and ijeprecialion charges are alloratsd on the wyiM)n of the a5seYs usg. 1.6 Tangibi• fixed assets Tangible fixed assets are initrally measured at C05t antl SLbSeqUen￿Y measured at cost or valuation. nel of d8￿clatiOn and any impairn￿nt losses. Depreriation is rec(yJnised so as to wrote off the ujst or valuatK)n of assets less th8ir resHlual values ovar their useful lives on the following bases: Computers otor vehicles 5 year straight line basis 5 y￿r strdight line b8StS The g8in or loss arising (Mi the di8rx)sal of an awt is delerTnir*d as th8 drfterence beh¥een the sale proceeds and the carrying value of the awt. is re￿ntsed in the statemnt of ftnanc381 actimties. 1.7 Fixed asset investments Fixed Asset inveslmgnts are irittially measw•J at trdnsa¢tion Pri￿ exduding transaction ￿st$. and are SL¢bsequenlty measured at fair value at each repth.ng date. Changes in f8if Value arg recxjgnised in not incomel(expendrturel for the year. Trans8(ai)n costs are expensed as incJJrred. A subsidiary Is an entty controlkd by th8 CIO. Ccmtrol is power to govem the financi￿ and opèrating i(xes of the entity so as to obtain benofits from rts aGlivrfi&s. 1.8 Impalrment of f￿•d assets At each reporting end date. the CIO review5 the carying amounts of tis tsThJtble aysets to deterniine whether there is 8ny indication that thos8 assels have suffered an impairment loss. If any such indicatson exists. the recoverable amount of Ihe asset is esbmated in order lo dete￿Ine th8 extent of the impaimienl Irlss Irf any). 1.9 Cash and Cash equivalents Cash and cash equivalents tndude cash in haThl, deposrts held 81 call ￿th banks, other short-terrn liquid investments wth original maturibes of three monlhs or less. and bank overdrafts. Bank overdrafts a￿ shown ilhin borrowings in current liabilities. 1.10 Flnanc•al instrum•nts The C50 has èlected to apply thè pr￿l￿On$ of SeC1K￿ 11 'Basic Financial Instrurr*nts' and Seclion 12 '01her Financial Instruments Issues, ol FRS 102 to all of rts finanoal instnjments. Financial instJumÈnts are recognised in the CIO'S bala￿e sheel when ts CIO becomes paty to the ¢ontractual proMsK)ns of the irbstrurw Financial assets and liabililies are offset. wilh the nel amounts presented in the financial statements. when there is a legally enfofceable right to set off Ihe recognised amounts and the￿ is an intentson to settle on a net basis or to realise the asset and setNe the liability simthneousty. STRONGMEN CHARITABLE INCORPORATED ORGANISATION NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting poli¢ies {Continu•dl Basie Ilnan¢ialassets Basic financial assets, which include deblors and cash and bank balarKes, are In￿allY rneasured at transaction price including transaction costs and are sub5equentty carried at amortised cost using the effectNe interest meth(Kl unless the arrangement Constitl￿ a finanung transaction, Whe￿ the transaction is measured al the present value of the future receipts disc￿nEed at a market rdte of interest. Finan¢ial assets classified as receivab￿ wthin one year are not aF7M)rbsed. 8asl¢ financial liablllllfys Basic finanual liabilitses. induding creditors. are intiially recryJnised at transacion price unless the arrangement cOnSt￿JteS a finan(ing transaction, where the debt instwment rs measured at the present value of Ihe futs2re payments discounl8(l al a market rate of interest. Finanoal liabilibes cL4ssfied as payable within one year are not amortised. Dereco9nldon of Ilnan¢lal Ilabilltles Financial liabilities are derac(NJnised wthen Ihe CIO'S cx)ntrarlual obllg8tL)ns expir8 or are distharged or cancelled. 1.11 Employoe ben•flts Cost of any unused holKJay entillemant ￿ re(wnised in the period in which the employee's services are recgived. 1.12 Rètlrement benaffts Paymgnts lo defined conlribubon relirement benefit $d￿MeS are tharged as an eynse as they fall due. cdtlcal accounting estimates and Judgoments Ir7 thg appliration of the CIO'S a¢(tsunting ￿li￿&s, the trustees are r8quireLI to make judgamgnts, estirnates and assumptions about the (arrying amount of assets and liabilities that a￿ not readily app3r&nt from other sources. The estimates and associated assumptions are based on historical experience and oth&r factors that are conskaa￿d lo te releV￿L Aiknal results may d￿rfrlKTr It￿ estunate The estimat8s and underfyiThJ assumptrons are reviewed on an ongoing basis. Rewsions to 8ccounts.ng estimates are recogn¢sed in tho ￿[lod in whith the esb.mate is revised where the revision affe¢15 cnly that penod, or in the peric4J of tho wsN)n and future penods where the wsion affects both ￿rrent and future perN)ds. Incomp from donatlons and legacie$ Unrnstrl¢tod Restricted nds funds 2025 2025 Totsl Unrostrlcted Restrictod fvnds funds 2024 2024 Total 2025 2024 Donations and gits Grants 128,112 10.000 128.112 36.(th 46,CM)O 107,650 108.650 55,420 55,420 138.112 174.112 107.650 56.420 164,070 STRONGMEN CHARITABLE INCORPORATED ORGANISATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 In¢om• from charltsble actlvltles Unrestricted Restricted funds funds 2025 2025 Totsl Unrestricted Restricted funds fund$ 2024 2024 Total 2025 2024 Income from chafitable a¢ti¥itl•s Talks and presertstions Centurion Club Other income 4.691 4.691 4.993 20 36.694 2,120 18.189 54.883 2.120 4,993 44.814 18.189 4.711 4.993 9.704 Income from other trading athitles Unrestricted Unre$trlcted lunds funds 2025 2024 Fundraising events Merchandise sales 81,686 9.634 37,246 4.21X> Other trading adivtbes 91,320 41,446 In¢omg from invostm&nts Unrestricted Unrestrlctèd fund5 funds 2025 2024 Interest receiwable 1.180 791 STRONGMEN CHARITABLE INCORPORATED ORGANISATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Ex￿ndttur0 on ralslng funds Tolal Unrestrictsd Restricted nds fvnds 2024 2024 Total fufKIs 2025 nds 2025 2025 2024 Fundral$lng and publkity Staging fundraising events Stsff o)sts 44,629 8,875 44.629 8.875 40.926 3.750 40.926 3,750 53.504 53.X14 44,676 44.676 Trading costs MerthaNJise purchases 1.9)5 2.476 7.880 Totsl wsts 50,080 2,476 52,556 ExPer￿ltUr• on charitablè a¢tivllios Charltable Charitablo activltl•$ 2024 2025 Dlre¢t costs Staff costs Direct cyjsts T(avel Motor expenses 53.657 81.240 6,233 13,743 30.878 32.506 5.504 18.168 154.873 87.056 Share of support and gov•rnance costs (see note 91 SupFM)rt Govemance 65,278 13.838 53,311 9,248 233,989 149.615 Analy$is by fund Unrestrtcted funds Restricted fijnds 185,279 48,710 93.668 55.947 233,989 149,615 10- STRONGMEN CHARITABLE INCORPORATED ORGANISATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Support Costs allocated to actlvltles 2025 2024 Depre￿ati1)n Staff costs Training Printing and w)5t8ge Cornputer supplies Adverb"sing and website Insur8n( Telephone and inlemel Profv35ional services Gen8ral and office expenses Office leasehokj costs Govemanc* ￿$ts 1,969 20.275 1.129 16.210 1,150 387 2,379 12,324 3,468 2,348 2,875 6,018 5,023 9,248 576 1,249 10.723 3,096 1.407 3,236 4.712 18,035 13,838 79,116 62,559 Chariiable artiwties 79.116 62,559 Induded within govemarice (x)sts are fees paKd to the IndeperKlent Examiner for Ihe preparation ar independent examination of th& financial slatements of £4.356 (2024- £2.940). 10 Trnstqes During th8 year £1.39412024 - £7611 was re1m￿r$ed to two {2024 - one) trust￿ for travel and fundraising expenses incurred. No donalions were recesved Irom any of the trustees in the ¢yrr¢nt or cx)mparative year, however £1.850 (2024 - £Nill knndraising inco￿￿ was f￿Ned from a business of which one of the trustees is dtredor. N￿8 of the trustees lor any pef50ns cA)nne(Xed with them} received any ￿m￿neratiOn or benefits from the CIO during the year. 11 Employees The average fft)nlhty number of employees dwwJ ts year was.. 2025 Number 2024 Number 11 STRONGMEN CHARrrABLE INCORPORATED ORGANISATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 11 Employees (Continued) Employment costs 2025 2024 Wages and salarie5 So(xal seujrity ¢osls Other pension costs 89.497 1,781 1,011 56.626 520 92.289 57,146 Th8rg were M employees wt￿6 annual remuneration Was more than £60.fA)O. Rornuneratlon of k•y managernenl ￿rSonnel Thg aggregate remuneration of key rnan￿1 Porsonnel during thg year amounted lo £47.408 (2024 - £31,539). 12 Taxation The charity is 8xempt from laxation ts actmties because all rts irrf))me is applied for Charitab￿ purposes. 13 Tangiblo fixed assets T*)tsl vehlcl88 Cost At 1 April 2024 1.447 9.847 Al 31 March 2025 1,447 8,400 9,847 D•pre¢iation and ImpalM￿nI At 1 April 2024 Depreaation charged in the year 1.066 289 1.906 1,969 1,680 M 31 Marth 2025 1.355 2,520 3.875 Carrying amount At 31 March 2025 92 5,972 Al 31 March 2024 381 7.941 12- STRONGMEN CHARITABLE INCORPORATED ORGANISATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 14 Flxed •sset Invesbmnts other Invostments Cost or valuation Ai 1 April 2024 & 31 Marth 2025 Carrylng amount At 31 March 2025 At 31 March 2024 2025 2024 Other investments (x)mprise: Investments in subsh1i8Ties 15 15 Sub$ldlari•s Details of the CIO'S stjbshliaries at 31 March 2025 are as folbws: Namg of undertaking Registered office Nature of business Class of 5h*res held % Held Direct Indirect Strongmen UK Limited Unit E, Arundel Domwnt Court. Park Bottom, Arundel, BN18 OA Ordinary 100.00 16 Debtors 2025 2024 Amounts falllng duo withln one year: Trade deblors Other debtors Prepayments and acAJlJ8d income 11,450 5.010 9,0(M) 5.010 25,460 17 Credltorn: amounts falling due withln rA)g 2025 2024 Trade creditors Awuals and deferred income 3,623 15.665 7,635 13.971 19,288 21,606 13- STRONGMEN CHARITABLE INCORPORATED ORGANISATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 18 Retlr•mont bonofft xhemes DefiT￿l contrlbutlon schemes The CIO operates a defir￿ c￿tribulK)n pension scheme for all qualfying employegs. The assets of the scherne are held separately from those of the CIO in an indepeThYently administered fijnd. The tharge lo profft or toss in resr*rt of defined rxy)tribvtion s(*emes was £1,011 (2024 - £5201. 19 Restrld•d fvnds The restricted fuThJs of the charity wiprise the unexpended balan￿$ of I￿nal￿￿ and grants hekj ￿ trusl subject lo specific Conditic￿S by donors as to h)w they may used. At 1 April Incoming Resourc￿ At 31 March 2024 resources expended 2025 M2M Climb Your Mountain M2M- Extra firr 3.042 1,748 13.0421 {19,9371 125.7311 18,189 36.000 10,269 4.7SX) 54.189 (48.7101 10.269 Pr•vlous y•ar: At l April 2023 Incoming re50urce$ Resources At 31 March expended 2024 Weekender M2M Academy Climb Your Mcwntain 29.000 27.420 129.800) {24.3781 (1.0001 13.2451 3,042 4,993 1.748 61,413 158.4231 4.790 20 Unrostrlct•d funds The unrestn"cte¢J funds of the chanty comprise the unexpended baL2nces ol donations and grants which are not subject to Spe￿fiC conditions by donors and grdnlors as to how they may be L*sed. These indude designated funds which have been set aside out of unreslricied ftlnds by the tnJstees lor specific purwses. At 1 April Incoming 2024 wour¢Ès Resources Al 31 March exptnded 2025 General funds 167.791 275,426 {240,6881 202.529 14- STRONGMEN CHARrrABLE INCORPORATED ORGANISATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AIARCH 2025 20 Unrgstrtcted funds {Continuod) Prev10￿ year: At 1 April 2023 Incoming Ro$our￿$ At 31 March expended 2024 General fijnds 156.941 154,598 1143,7481 167,791 21 Analysis of net assets belween funds Unrestrided nd5 2025 Restrlcted fuftd5 2025 Total 2025 Fund balances at 31 March 2025 ave represented by: Tangibfe assets Investments Current assetsl{liabilitiesl 5.972 5.972 196,554 10.269 206,823 202.529 10,269 212,798 unr•$tri¢￿ Rgslrictgd fund5 fund5 2024 2024 Total 2024 Fund balances a* 31 March 2024 are representsd by: Tangible assets Investments Current assetsllliabditiesl 7.941 7.941 159.847 4.790 164,637 167.791 4,790 172.581 22 Operating lease ¢Mimllm¢nts Lossee At the reporting end date the CIO had wtstandiro commitments lor future mtnimum loas8 payments under non-cancellable 0￿￿*"n￿ leases. vknich fall due as fr)Ikx*s'. 2025 2024 Within one year Betwèen two and five years 17.716 22.653 10.020 19,205 40.369 29,225 15-