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2025-03-31-accounts

REGISTERED COMPANY NUMBER: 08822764 (England and Wales) REGISTERED CHARITY NUMBER: 1184297

Report of the Trustees and

Audited Financial Statements for the Year Ended 31st March 2025

for

Sports Partnership Herefordshire And Worcestershire Trading as Active Herefordshire & Worcestershire

Richards Sandy Audit Services Limited (Statutory Auditor) Thorneloe House 25 Barbourne Road Worcester WR1 1RU

Sports Partnership Herefordshire And Worcestershire Trading as Active Herefordshire & Worcestershire

Contents of the Financial Statements for the Year Ended 31st March 2025

Page
Reference and Administrative Details 1
Report of the Trustees 2 to 7
Report of the Independent Auditors 8 to 10
Statement of Financial Activities 11
Balance Sheet 12
Cash Flow Statement 13
Notes to the Cash Flow Statement 14
Notes to the Financial Statements 15 to 29
Detailed Statement of Financial Activities 30

Sports Partnership Herefordshire And Worcestershire Trading as Active Herefordshire & Worcestershire

Reference and Administrative Details for the Year Ended 31st March 2025

TRUSTEES A R Bradley (appointed 3.2.25)
C A Cumino (appointed 3.9.24)
L M Fish
A G Gilmour
S L Mackay (appointed 3.9.24)
J O'Toole
S M Scriven
D J Strutt (Chair)
P E Sugg
R Widdowson (resigned 3.9.24)
COMPANY SECRETARY S L Brewster
REGISTERED OFFICE Hines Building
University of Worcester
Henwick Grove
Worcester
Worcestershire
WR2 6AJ
REGISTERED COMPANY NUMBER 08822764 (England and Wales)
REGISTERED CHARITY NUMBER 1184297
INDEPENDENT AUDITORS Richards Sandy Audit Services Limited
(Statutory Auditor)
Thorneloe House
25 Barbourne Road
Worcester
WR1 1RU
CHIEF EXECUTIVE OFFICER S L Brewster
BANKERS Lloyds Bank
4 The Cross
Worcester
WR1 3PY

Page 1

Sports Partnership Herefordshire And Worcestershire

Trading as Active Herefordshire & Worcestershire

Report of the Trustees

for the Year Ended 31st March 2025

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31st March 2025. The trustees have adopted the provisions of 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).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The charity's objects are for the public benefit, to promote community participation in healthy recreation, primarily in Herefordshire and Worcestershire, by:

Significant activities

The charity works across the eight local authority areas across Herefordshire and Worcestershire. Key Stakeholders include the local authorities, two public health teams, Sport England, the University of Worcester, National Governing Bodies of Sport and the local clubs affiliated to them as well as other key voluntary sector organisations to lead on the delivery and discovery of sport and physical activity across Herefordshire and Worcestershire.

As well as the general promotion of sport and physical activity, the charity also provides:

Uses funding from Sport England to support local, eligible schools to spend their PPSP funding effectively.

Provides training and support for volunteering and professional sports coaches.

Public benefit

The trustees confirm that they have complied with the duty in Section 4 of Charities Act 2011 to have due regard to the guidance issued by the Charity Commission concerning public benefit.

Grantmaking

The charity provides grant funding to local organisations as part of its strategies to promote and deliver sports activities within the local area. Individual grants are of usually low value grants (typically less than £5,000 each) and are awarded based on applications made by local organisations to the charity. Many of these projects are funded out of grants received by the charity specifically to make such grants to local organisations, in line with national policies set by Sport England.

The charity also pays larger grants to institutions where the charity has received funding for a specific project and the grants issued out of that funding were a specific element of the funding application.

Volunteers

Whist the charity does not itself directly benefit from the use of volunteers in undertaking its activities, part of the charity's purpose is to support local sports organisations, many of which are run by or rely on the use of volunteers.

Page 2

Sports Partnership Herefordshire And Worcestershire

Trading as Active Herefordshire & Worcestershire

Report of the Trustees for the Year Ended 31st March 2025

ACHIEVEMENTS AND PERFORMANCE

Charitable activities

The year saw us progress through year three of our five-year funding award with Sport England. We continue to develop and embed our work locally following the national strategy (Uniting the Movement) aspirations. Part of this is a review of our Strategy in consultation with national and local stakeholders. We continue to connect with the broader VCS (Voluntary Community Sector) and developed strong relationship with both Public Health Teams and Integrated Care System. This ensures that whilst we adhere to principle and headlines of Uniting the Movement we reflect local circumstances and priorities.

Our work with schools continued with a successful calendar of School Games events across the two counties, this Girl Can events (a project focusing on girls and young women), continued support for primary schools in the delivery of their primary school sport premium resources, and continued to deliver against the aspiration of Opening School Facilities.

Our Sport Welfare Manager embedded the work locally supporting local clubs and organisation raise the awareness and importance of safe and inclusive clubs.

Our Adult work continued in collaboration with partners securing funding to run several 'pilot projects' aimed at tackling frailty.

As a partnership we have embraced to Code of Good Governance and received confirmation that we adhere to level three of the code.

Fundraising activities

The charity does not solicit members of the public for donations or engage in any other trading activity that does not directly relate to the charitable purpose of the charity.

FINANCIAL REVIEW

Financial position

At the year end the charity had reserves as follows:

General unrestricted funds
Designated reserve funds
Restricted funds
Total reserves		 2025
£
239,098
400,000
276,733
**915,831 **		 2024
£
233,705
400,000
332,603
966,308

Further information regarding the designated reserve funds and the restricted funds can be found in note 19.

The normal activities of the charity were disrupted during the coronavirus outbreak, with the charity during that time focussing on projects relating to the coronavirus outbreak. Because of this, the charity accumulated unspent restricted funding on its primary Sports England funded activities, which the charity aims to have fully spent by the end of 2027.

Principal funding sources

The charity is currently dependent on Sport England funding to fulfil its objects as a charity and its objectives as an organisation. Sport England funding accounted for 90% (2024 - 75%) of the charity's total income.

Reserves policy

The charity's primary funding is in the form of a single annual restricted fund grant from Sports England, which the charity aims to fully spend in the year of receipt.

All other restricted funds relating to specific projects are planned to be fully expensed over the period of the project to which they relate.

See note 19 for further details of individual restricted funds.

Page 3

Sports Partnership Herefordshire And Worcestershire

Trading as Active Herefordshire & Worcestershire

Report of the Trustees for the Year Ended 31st March 2025

FINANCIAL REVIEW (continued)

The charity has the following designated funds:

The trustees have agreed to put reserves to one side so that if significant funding is lost, time is allocated to seek alternatives. If alternative sources of funding are not secured and the charity had to be wound down this can be managed and any commitments honoured. This includes salaries, commitments to stakeholders and other obligations to ongoing programmes. The level of this reserve is set at £250,000 (2024 - £250,000), based on approx. 6 month's budgeted expenditure (excluding some activities funded by fund providers other than Sport England).

Redundancy costs not an eligible cost for any of the grants / contract that the charity currently run. In order to ensure that, in the event that the charity needs to cease operations, redundancies are fully funded, the charity has set aside an additional amount of £50,000 (2024 - £50,000).

When the charity was created a number of staff were TUPEd across from Worcester City Council. As part of the TUPE transfer, the charity became a member of the Worcestershire Local Government Pension Scheme (a defined benefit scheme). At the point of transfer Worcester City Council absorbed the pension deficits relating to these staff, on the understanding that all future liabilities were the responsibility of the charity. The charity has set an amount aside in case in future years there are significant unfavourable actuarial movements for which the charity will be expected to contribute additional top up contributions over and above contributions paid in the past. The amount set aside for this purpose is £100,000 (2024 - £100,000).

In addition, Sport England annual funding is usually received several months after the start of the period to which it relates, so the charity is required to hold cash reserves to fund all relating expenditure to be allocated against this income prior to the receipt of this funding.

At the year end the charity had general unrestricted reserves of £239,098 (2024 - £233,705). Excluding the book value of tangible fixed assets held within general unrestricted funds at the year end of £9,232 (2024 - £11,136), the charity has free reserves of £229,866 (2024 - £222,569). The trustees of the charity plan to use these funds as follows:

Going concern

The charity's primary funding agreement with Sports England is expected to continue for the foreseeable future, with the current primary funding agreement running until 31st March 2027.

The charity is considered to have sufficient reserves to continue operating. There are no currently known issues that may cause the charity to cease operating within the foreseeable future.

Page 4

Sports Partnership Herefordshire And Worcestershire

Trading as Active Herefordshire & Worcestershire

Report of the Trustees for the Year Ended 31st March 2025

FINANCIAL REVIEW (continued)

Principal risks and uncertainties

The principal risk to the charity is the withdrawal of funding from Sport England. In order to mitigate this, the charity holds specific designated funds to cover the operating of the charity over a short period, during which the charity could search for alternative funding, or if this was unsuccessful make staff redundancies.

The charity also holds reserves in case it is required to make additional contributions to the LGPS that it belongs.

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

FUTURE PLANS

As we look forward to the next year of a system partner funding we seek to increase the awareness of the growing evidence base of the benefits sport and physical activity being built into everyday lives and influence local policy makers and delivery partners.

We aim to use data (through Active Lives data) an intelligence (local evaluation of projects and programmes) to do this developing the conversation into tangible action.

We have been successful in an additional application to Sport England around our 'Place Universal Offer' which seeks to focus on a smaller number of 'places' across Herefordshire and Worcestershire to address inequalities

With the publication of the NHS 10 Year Plan we seek to further develop our relationship with Integrated Care System adding weight to the preventative messaging and plan to continue to play a role in the development of the Voluntary and Community Sector (VCS) as trusted delivery partners.

As always there are changes in personnel across the 'system' so we seek to establish and maintain good working relationship across the two counties. Local Government re-organisation will inevitably create some uncertainty with local authority partners, but we will continue to advocate for physical activity and sport at every opportunity.

We continue to expand our training offer to include more than the traditional safeguarding and first aid course and developed funding workshops, mental health first aid and others to reflect need and demand locally. We seek to expand this offer in the coming year and will endeavour to reach a broader audience.

We intend to continue to build on the good work of previous years in continuing School games, our support for Primary School Sport Premium and This Girls Can and will seek to further embed the role of our Sport Welfare Manager.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charitable company is controlled by its governing document, its Articles of Association, and constitutes a limited company registered in England and Wales, limited by guarantee, as defined by Companies Act 2006.

Recruitment and appointment of new trustees

New trustees are recruited by the existing trustees via 'open' process, focused on addressing gaps identified via the skill matrix or replacing a trustee who has reached the end of their term of office. No individual may be appointed as a trustee until they have provided the charity a declaration of good character.

The charity has a plan to recruit more trustees from under-represented groups.

The Articles of Association require that the number of trustees be between three and twelve.

Organisational structure

The trustees delegate day-to-day management of the charity to the chief executive officer.

The trustees meet regularly in order to establish a clear vision and strategic direction for the charity and to monitor and evaluate performance against vision and strategic direction, including holding the chief executive officer accountable for the achievement of the charity's strategic objectives and goals.

Page 5

Sports Partnership Herefordshire And Worcestershire

Trading as Active Herefordshire & Worcestershire

Report of the Trustees for the Year Ended 31st March 2025

STRUCTURE, GOVERNANCE AND MANAGEMENT (continued)

Induction and training of new trustees

Trustees have a responsibility to learn about their roles, to keep abreast of current developments in the sector and to keep their skills up-to-date.

There is a documented Induction process including one-on-one meetings with the chief executive officer and the provision of essential reading/documentation.

All governance documents will be made available to any new trustees and support provided to engage them in current partnership working. This will include a meeting with the chair of the trustees and the chief executive officer.

The Partnership will support trustee development within available resources.

Key management remuneration

The trustees review annually the level of wages paid to the chief executive officer.

The chief executive officer pays into the LGPS and the charity is required to make employer contributions in line with the rules set by the LGPS.

Wider network

We are part of a network of Active Partnerships across England. We work with the eight local authorities, the two public health teams, Sport England, the University of Worcester, National Governing Bodies of Sports (NGBs) and other key organisations.

Active Partnerships

There are 42 Active Partnerships across England who work collaboratively with local partners to create the conditions for an active nation using the power of sport and physical activity to transform lives.

Active Partnerships are strategic organisations that recognise activity levels are affected by a complex system of influences and no single organisation or programme create sustainable change at scale. So by adopting a collaborative whole system approach, Active Partnerships seek to make active lifestyles the social norm for everyone and address the worrying levels of inactivity in society.

They do this by creating an in-depth understanding of the needs of the local community, brokering cross sector partnerships, supporting the development of a welcoming and inclusive workforce, engaging communities and share learning of what works locally.

In particular, Active Partnerships focus their efforts on inactive people and under represented groups who will benefit the most from an active lifestyle.

A unique feature of the Active Partnerships is their independence, working across all sports, activities, providers and audiences, focused on the needs of their local communities.

Trustee indemnity provisions

The Articles of Association state that the charity shall indemnify the trustees against any liability incurred by them in their capacity as trustees, to the extent permitted by sections 232 to 234 of Companies Act 2006.

Page 6

Report of the Independent Auditors to the Members of Sports Partnership Herefordshire And Worcestershire

Opinion

We have audited the financial statements of Sports Partnership Herefordshire And Worcestershire (the 'charitable company') for the year ended 31st March 2025 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and the provisions available for small entities, in the circumstances set out in note 21 to the financial statements, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Trustees.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

Page 8

Report of the Independent Auditors to the Members of Sports Partnership Herefordshire And Worcestershire

Responsibilities of trustees

As explained more fully in the Statement of Trustees' Responsibilities, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Our responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud.

However, it is the primary responsibility of management, with the oversight of those charged with governance, to ensure that the entity's operations are conducted in accordance with the provisions of laws and regulations and for the prevention and detection of fraud.

As a result of these procedures we consider the most significant laws and regulations that have a direct impact on the financial statements are the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', the Companies Act 2006 (and related legislation), the Charities Act 2011 (and related legislation) and regulations relating to the employment and payment of staff including, but not limited to, the Employment Rights Act 1996, the National Minimum Wage Act 1998 and the Pensions Act 2008.

We performed audit procedures to detect non-compliances which may have a material impact on the financial statements, which included reviewing the financial statement disclosures and sample testing of monthly payroll records for the calculation of gross wages, payroll taxes and pension costs.

We identified the greatest risk of material impact on the financial statements from irregularities, including fraud, to be the timing of recognition of grant and contract income, and the allocation by management of wage and support costs to individual restricted funds. Our audit procedures to respond to these risks included, testing of a sample of grant and contract income against the terms of the funding agreements and the requirement of the Charities SORP (FRS 102), sample testing on the posting of journals and reviewing accounting estimates for biases.

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.

Page 9

Sports Partnership Herefordshire And Worcestershire

Trading as Active Herefordshire & Worcestershire

Statement of Financial Activities (Incorporating an Income and Expenditure Account) for the Year Ended 31st March 2025

Unrestricted
fund
Unrestricted
discontinued
funds
activities
Notes
£
£
INCOME AND ENDOWMENTS
FROM
Donations and legacies
3
-
-
Charitable activities
6
Sports delivery and participation
-
-
Postural stability
-
-
Other trading activities
4
2,395
-
Investment income
5
4,502
-
Total
6,897
-
EXPENDITURE ON
Charitable activities
7
Sports delivery and participation
6,314
-
Postural stability
-
-
Total
6,314
-
NET INCOME/(EXPENDITURE)
583
-
Transfers between funds
19
4,810
-
Net movement in funds
5,393
-
RECONCILIATION OF FUNDS
Total funds brought forward
633,705
-
TOTAL FUNDS CARRIED
FORWARD
639,098
-		 Restricted
funds
£
726,373
35,073
-
-
-
761,446
812,506
-
812,506
(51,060)
(4,810)
(55,870)
332,603
276,733		 2025
Total
funds
£
726,373
35,073
-
2,395
4,502
768,343
818,820
-
818,820
(50,477)
-
(50,477)
966,308
915,831		 2024
Total
funds
£
760,049
39,232
85,330
6,015
4,696
895,322
824,345
81,608
905,953
(10,631)
-
(10,631)
976,939
966,308

CONTINUING OPERATIONS

The charity's postural stability contract with Worcestershire County Council came to an end on 31 March 2024.

All other income and expenditure relates to continuing activities.

The notes form part of these financial statements

Page 11

Balance Sheet
31st March 2025
2025 2024
Notes £ £
FIXEDASSETS
Tangible assets 15 9,232 11,136
CURRENT ASSETS
Debtors 16 415,383 35,568
Cash at bank 531,851 948,975
947,234 984,543
CREDITORS
Amounts falling due within one year 17 (40,635) (29,371)
NET CURRENT ASSETS 906,599 955,172
TOTALASSETS LESS CURRENT LIABILITIES 915,831 966,308
NET ASSETS 915,831 966,308
FUNDS 19
Unrestricted funds 639,098 633,705
Restricted funds 276,733 332,603
TOTALFUNDS 915,831 966,308

Sports Partnership Herefordshire And Worcestershire Trading as Active Herefordshire & Worcestershire

Cash Flow Statement
for the Year Ended 31st March 2025
2025
Notes
£
Cash flows from operating activities
Cash generated from operations
1
(416,816)
Net cash used in operating activities
(416,816)
Cash flows from investing activities
Purchase of tangible fixed assets
(4,810)
Interest received
4,502
Net cash (used in)/provided by investing activities
(308)
Change in cash and cash equivalents in
the reporting period
(417,124)
Cash and cash equivalents at the
beginning of the reporting period
948,975
Cash and cash equivalents at the end of
the reporting period
**531,851 **		 2024
£
(9,906)
(9,906)
(3,798)
4,696
898
(9,008)
957,983
948,975

The notes form part of these financial statements

Page 13

Sports Partnership Herefordshire And Worcestershire

Trading as Active Herefordshire & Worcestershire

Notes to the Cash Flow Statement for the Year Ended 31st March 2025

1. RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES
2025 2024
£ £
Net expenditure for the reporting period (as per the Statement of
Financial Activities) (50,477) (10,631)
Adjustments for:
Depreciation charges 6,714 5,943
Interest received (4,502) (4,696)
(Increase)/decrease in debtors (379,815) 56,681
Increase/(decrease) in creditors **11,264 ** (57,203)
Net cash used in operations (416,816) (9,906)
2. ANALYSIS OF CHANGES IN NET FUNDS
At 1.4.24 Cash flow At 31.3.25
£ £ £
Net cash
Cash at bank 948,975 (417,124) 531,851
948,975 (417,124) **531,851 **
Total 948,975 (417,124) **531,851 **

The notes form part of these financial statements

Page 14

Sports Partnership Herefordshire And Worcestershire

Trading as Active Herefordshire & Worcestershire

Notes to the Financial Statements for the Year Ended 31st March 2025

1. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006, except in regard to the treatment of the LGPS as if it was a defined contribution scheme rather than if it was a defined benefit scheme, which is a departure from the requirement of FRS 102 done on the basis that accounting for the LGPS as a defined benefit scheme is inconsistent with the requirement to give a true and fair view (see the accounting policy for pension costs for more details).

The financial statements have been prepared under the historical cost convention.

The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £1.

GOING CONCERN

The trustees assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern. The trustees make this assessment in respect of a period of at least one year from the date of authorisation for issue of the financial statements and have concluded that the charity has adequate resources to continue in operational existence for the foreseeable future and there are no material uncertainties about the charity’s ability to continue as a going concern, thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

INCOME

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Income from grants and donations is recognised in the period in which the charity is entitled to receipt and the amount can be measured with reasonable certainty. Income from grants is only deferred when the charity has to fulfil conditions not yet met before becoming entitled to it or where the donor has specified that the income is to be expended in a future period.

Income from the provision of courses and other commercial services are recognised on delivery of those services.

Interest income is recognised for all interest-bearing instruments using the effective interest method.

EXPENDITURE

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

ALLOCATION AND APPORTIONMENT OF COSTS

All direct costs that can be identified to a specific fund are allocated to that fund.

Wage costs are split between individual funds based on estimated split of time spent on the activities of each fund for each individual staff member.

General support costs are split between funds based on estimated staff hours spent on the activities of each fund.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Page 15

continued...

Sports Partnership Herefordshire And Worcestershire Trading as Active Herefordshire & Worcestershire

Notes to the Financial Statements - continued for the Year Ended 31st March 2025

1. ACCOUNTING POLICIES - continued

TANGIBLE FIXED ASSETS
Sports equipment - 25% on reducing balance
Fixtures and fittings - 20% on reducing balance
Computer equipment - 33% on cost

All fixed assets are initially measured at cost and depreciated as detailed above. Items under £250 are not capitalised.

TAXATION

The charity is exempt from corporation tax on its charitable activities.

FUND ACCOUNTING

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

OPERATING LEASES

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

PENSION COSTS

The company operates both a defined contribution pension scheme and participates in a Local Government Pension Scheme.

Contributions payable to the company's defined contribution pension scheme are charged to profit or loss in the period to which they relate.

The Local Government Pension Scheme (LGPS) is a funded multi-employer defined benefit scheme and the assets are held separately from those of the company in separate trustee administered funds. Whilst it would be possible to obtain an actuarial valuation of the charity's share of the LGPS to which the charity belongs, the trustees of the charity believe that to account for the LGPS as a defined benefit scheme, rather than as a defined contribution scheme, would be inconsistent with the requirement to give a true and fair view. This is because the trustees do not consider their annual contributions relating to settling their share of the LGPS's current forecast deficit to be material to the accounts of the charity (based on the information provided within the most recent triennial actuarial valuation of the relevant LGPS) and also due to the very low number of members of the LGPS allocated to the charity (including both current and past staff of the charity) compared to the overall number of members of the relevant LGPS, it is considered probable that an actuarial valuation of the charity's share of the deficit would likely be significantly below the level of materiality of the LGPS's own full actuarial valuation and as such the charity would be disproportionately affected by any significant uncertainty in assumptions or errors compared to other scheme employers. In addition, the minority of employees of the charity that belong to the LGPS is now only the chief executive officer and accounting for the LGPS as a defined benefit scheme would likely cause adjustments to disclosures concerning the remuneration paid to key management personnel in such a way that is not likely to be accurately determined on an individual employee basis and would likely be less comparable year on year due to changes in actuarial assumptions applied each year. The trustees therefore believe that accounting for their payments to the LGPS as a defined contribution scheme better reflects the actual financial impact to the charity.

Where the charity has entered into an agreement with the LGPS that determines how the charity will fund a deficit, the charity recognises at that point a liability for the contributions payable that arise from the agreement (to the extent that they relate to the deficit) and the resulting expense is recognised within the statement of financial activities.

FINANCIAL INSTRUMENTS

The charity has elected to apply the provisions of Section 11' Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised when the charity becomes party to contractual provisions of the instrument.

Page 16

continued...

Sports Partnership Herefordshire And Worcestershire

Trading as Active Herefordshire & Worcestershire

Notes to the Financial Statements - continued for the Year Ended 31st March 2025

1. ACCOUNTING POLICIES - continued

FINANCIAL INSTRUMENTS

Financial assets are offset, with the net amounts presented in the accounts where there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic Financial Assets

Basic financial assets, which include trade and other receivables and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Basic Financial Liabilities

Basic financial liabilities, including trade and other payables, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of future receipts, discounted at a market rate of interest. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of the operations from suppliers. Accounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade payables are recognised initially at transaction.

2. CRITICAL ACCOUNTING JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Critical areas of judgement

The Local Government Pension Scheme is a funded multi-employer defined benefit scheme and the assets are held separately from those of the company in separate trustee administered funds. There is deemed to be insufficient information available without incurring costs deemed to outweigh the benefit to users of the accounts to apply defined benefit accounting of the Local Government Pension Scheme, and what information is available indicates that the charity's share of the net deficits of the Local Government Pension Scheme is not likely be material to the financial statements. The Local Government Pension Scheme is therefore accounted for as if it was a defined contribution plan, with contributions payable to the Local Government Pension Scheme charged to profit or loss in the period to which they relate.

The allocation of staff costs between individual unrestricted and restricted funds is based on the estimated split of staff time for each individual employee of the charity. The allocation of general support costs is between individual unrestricted and restricted funds is directly linked to the assumptions made in allocating staff costs between individual unrestricted and restricted funds.

The charity is in receipt of a multi-year National Lottery grant award. The charity is receiving this in 6 monthly instalments based on annual budgets. These budgets were initially agreed with the National Lottery when the grant was first awarded, but were later amended due to the relating project being suspended last year as a result of Covid-19, during which the National Lottery suspended making grant payments to the charity. Grant income due under this grant award to be received in future years has not been accrued for on the basis that the charity may not be entitled to spend part or all of that income in advance of its budgeted years without the further prior approval of the National Lottery. At the year end expected future income under this award of £nil (2023 - £43,248) relating to future project activity.

Page 17

continued...

Sports Partnership Herefordshire And Worcestershire Trading as Active Herefordshire & Worcestershire

Notes to the Financial Statements - continued for the Year Ended 31st March 2025

3. DONATIONS AND LEGACIES

Grants
Grants received, included in the above, are as follows:
Sport England
The National Lottery Community Fund
Other grants
4.
OTHER TRADING ACTIVITIES
Course income
Commercial income
5.
INVESTMENT INCOME
Bank interest
6.
INCOME FROM CHARITABLE ACTIVITIES
Activity
Grants and contract income
Sports delivery and participation
Grants and contract income
Postural stability
Grants received, included in the above, are as follows:
Worcestershire County Council
Black Country Consortium Limited
Active Partnerships
WMVS Children in Care Foundation		 2025
£
726,373
2025
£
682,750
43,248
375
726,373
2025
£
1,920
475
2,395
2025
£
4,502
2025
£
35,073
-
35,073
2025
£
3,574
-
21,030
10,469
35,073		 2024
£
760,049
2024
£
673,050
86,499
500
760,049
2024
£
1,400
4,615
6,015
2024
£
4,696
2024
£
39,232
85,330
124,562
2024
£
85,330
10,000
21,030
8,202
124,562

Page 18

continued...

Sports Partnership Herefordshire And Worcestershire

Trading as Active Herefordshire & Worcestershire

Notes to the Financial Statements - continued for the Year Ended 31st March 2025

7. CHARITABLE ACTIVITIES COSTS

7.
CHARITABLE ACTIVITIES COSTS
Direct costs
(see note 8)
Grant funding of activities
(see note 9)
Support costs
(see note 10)
8.
DIRECT COSTS OF CHARITABLE ACTIVITIES
Equipment
Venue hire
Coaching and tutor fees
Programme management
Courses
Hospitality and refreshments
Design and printing
Photography and videography
Branded merchandise
Depreciation
9.
GRANTS PAYABLE
Sports delivery and participation
The total grants paid to institutions during the year was as follows:
Open Trail
Press Red Limited
Redgate Sports - Community Interest Company
Stride Active
University of Worcester
Sundry small grants (less than £5,000 each)		 2025
£
159,492
2,800
656,528
818,820
2025
£
10,845
4,818
33,210
84,310
2,581
3,350
935
450
18,284
709
159,492
2025
£
2,800
2025
£
-
-
-
-
-
2,800
2,800		 2024
£
216,457
77,930
611,566
905,953
2024
£
8,170
15,725
50,790
93,388
14,216
3,641
1,300
310
27,997
920
216,457
2024
£
77,930
2024
£
3,000
5,130
2,500
3,000
4,488
59,812
77,930
2024
£
3,000
5,130
2,500
3,000
4,488
59,812
77,930

Page 19

continued...

Sports Partnership Herefordshire And Worcestershire

Trading as Active Herefordshire & Worcestershire

Notes to the Financial Statements - continued for the Year Ended 31st March 2025

10. SUPPORT COSTS

Support costs, included in the above, are as follows:

Wages
Social security
Pensions
Rent
Insurance
Telephone
Postage and office supplies
Sundries
Subscriptions
Training
Travel
Computer
Professional fees
Bank charges
Depreciation
Auditors' remuneration
Auditor's fees for other services		 2025
£
426,913
17,659
48,713
12,804
5,927
2,366
9,161
7,738
18,579
4,586
11,669
16,763
45,393
296
6,005
6,495
15,461
656,528		 2024
£
409,499
29,142
44,772
11,988
4,577
2,415
4,219
6,551
13,586
8,022
6,688
7,330
37,710
84
5,023
4,125
15,835
611,566

11. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

Auditors' remuneration
Auditor's fees for other services
Depreciation - owned assets
Other operating leases		 2025
£
6,495
15,461
6,714
**12,804 **		 2024
£
4,125
15,835
5,943
11,988

12. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31st March 2025 nor for the year ended 31st March 2024.

TRUSTEES' EXPENSES

There were no trustees' expenses paid for the year ended 31st March 2025 nor for the year ended 31st March 2024.

Page 20

continued...

Trading as Active Herefordshire & Worcestershire

Sports Partnership Herefordshire And Worcestershire

Notes to the Financial Statements - continued for the Year Ended 31st March 2025

13. STAFF COSTS

Wages and salaries
Social security costs
Other pension costs
The average monthly number of employees during the year was as follows:
Average number of employees		 2025
£
426,913
17,659
48,713
493,285
2025
15		 2024
£
409,499
29,142
44,772
483,413
2024
16

Average number of employees

The number of employees whose employee benefits (excluding employer pension and employer N.I. costs) exceeded £60,000 was:

£60,001 - £70,000

2025 2024
1 1

Total remuneration (including employer pension and employer N.I. costs) paid to key management personnel totalled £83,095 (2024 - £80,638).

14. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted
fund
Unrestricted
discontinued
funds
activities
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
-
-
Charitable activities
Sports delivery and participation
-
-
Postural stability
-
85,330
Other trading activities
6,015
-
Investment income
4,696
-
Total
10,711
85,330
EXPENDITURE ON
Charitable activities
Sports delivery and participation
9,107
-
Postural stability
-
81,608
Total
9,107
81,608
NET INCOME/(EXPENDITURE)
1,604
3,722
Transfers between funds
7,520
(3,722)
Net movement in funds
9,124
-
RECONCILIATION OF FUNDS
Total funds brought forward
624,581
-
TOTAL FUNDS CARRIED FORWARD
633,705
-		 Restricted
funds
£
760,049
39,232
-
-
-
799,281
815,238
-
815,238
(15,957)
(3,798)
(19,755)
352,358
332,603		 Total
funds
£
760,049
39,232
85,330
6,015
4,696
895,322
824,345
81,608
905,953
(10,631)
-
(10,631)
976,939
966,308

Page 21

continued...

Sports Partnership Herefordshire And Worcestershire

Trading as Active Herefordshire & Worcestershire

Notes to the Financial Statements - continued for the Year Ended 31st March 2025

15. TANGIBLE FIXED ASSETS

Sports
equipment
£
COST
At 1st April 2024
16,368
Additions
-
Disposals
-
At 31st March 2025
16,368
DEPRECIATION
At 1st April 2024
13,248
Charge for year
709
Eliminated on disposal
-
At 31st March 2025
13,957
NET BOOK VALUE
At 31st March 2025
2,411
At 31st March 2024
3,120
16.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Accrued income
Prepayments
17.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Pension creditor
Accrued expenses		 Fixtures
and
fittings
£
2,716
450
-
3,166
1,637
283
-
1,920
1,246
1,079		 Computer
equipment
£
24,022
4,360
(763)
27,619
17,085
5,722
(763)
22,044
5,575
6,937
2025
£
5,240
358,193
51,950
415,383
2025
£
22,260
4,287
14,088
40,635		 Totals
£
43,106
4,810
(763)
47,153
31,970
6,714
(763)
37,921
9,232
11,136
2024
£
6,515
2,800
26,253
35,568
2024
£
11,887
-
17,484
29,371

Page 22

continued...

Sports Partnership Herefordshire And Worcestershire

Trading as Active Herefordshire & Worcestershire

Notes to the Financial Statements - continued for the Year Ended 31st March 2025

18. ANALYSIS OF NET ASSETS BETWEEN FUNDS

Tangible fixed assets
Debtors
Cash at bank
Inter-fund loan
Creditors - due within 1 year
Total funds		 Restricted
funds
£
-
415,383
8,223
(106,238)
(40,635)
276,733		 Designated
funds
£
-
-
400,000
-
-
400,000		 General
unrestricted
funds
£
9,232
-
123,628
106,238
-
239,098		 Total
funds
£
9,232
415,383
531,851
-
(40,635)
**915,831 **

At the year end included in year end debtors was grant income due but not yet received relating to restricted funds that were partly or wholly spend as at the year end. Cash reserves that would otherwise have been allocated to the general unrestricted funds has been used to finance restricted fund expenditure ahead of this grant income being received. This has been accounted for as inter-fund loans in the above table.

19. MOVEMENT IN FUNDS

MOVEMENT IN FUNDS
Unrestricted funds
General unrestricted fund
Designated fund
Redundancy fund
Pension fund
Restricted funds
System Partner
Children and Young People
Sports Welfare Officers
Moving Communities
Active Communities
Other Youth Development
Ignite CIC
TOTAL FUNDS		 At 1.4.24
£
233,705
250,000
50,000
100,000
633,705
265,065
5,365
17,641
-
35,876
1,752
6,904
332,603
966,308		 Net
movement
in funds
£
583
-
-
-
583
(35,828)
-
4,617
22,629
(35,876)
(1,752)
(4,850)
(51,060)
(50,477)		 Transfers
between
funds
£
4,810
-
-
-
4,810
(2,963)
-
(1,847)
-
-
-
-
(4,810)
-		 At
31.3.25
£
239,098
250,000
50,000
100,000
639,098
226,274
5,365
20,411
22,629
-
-
**2,054 **
276,733
**915,831 **

Page 23

continued...

Sports Partnership Herefordshire And Worcestershire

Trading as Active Herefordshire & Worcestershire

Notes to the Financial Statements - continued for the Year Ended 31st March 2025

19. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
General unrestricted fund
Restricted funds
System Partner
Sports Welfare Officers
Moving Communities
Resistance Band Workshops
Active Communities
Other Youth Development
Ignite CIC
Opening School Facilities Programme fund
TOTAL FUNDS		 Incoming
resources
£
6,897
602,125
54,600
26,400
3,574
43,248
10,469
-
21,030
761,446
768,343		 Resources
Movement
expended
in funds
£
£
(6,314)
583
(637,953)
(35,828)
(49,983)
4,617
(3,771)
22,629
(3,574)
-
(79,124)
(35,876)
(12,221)
(1,752)
(4,850)
(4,850)
(21,030)
-
(812,506)
(51,060)
(818,820)
(50,477)

Comparatives for movement in funds

Unrestricted funds
General unrestricted fund
Discontinued unrestricted activities
Designated fund
Redundancy fund
Pension fund
Restricted funds
System Partner
Children and Young People
Sports Welfare Officers
Commonwealth Legacy School Games
Tackling Inequalities Fund - Sport England
Tackling Inequalities Fund - Worcestershire
County Council
Tackling Inequalities Fund - Herefordshire
Council
Grass Roots
My Age Can
Active Communities
Other Youth Development
Ignite CIC
TOTAL FUNDS		 At 1.4.23
£
224,581
-
250,000
50,000
100,000
624,581
212,605
5,365
-
495
37,926
6,940
8,500
3,000
8,306
39,397
22,920
6,904
352,358
976,939		 Net
movement
in funds
£
1,604
3,722
-
-
-
5,326
54,652
-
19,248
(495)
(37,926)
(6,940)
(8,500)
(3,000)
(8,306)
(3,522)
(21,168)
-
(15,957)
(10,631)		 Transfers
between
funds
£
7,520
(3,722)
-
-
-
3,798
(2,192)
-
(1,606)
-
-
-
-
-
-
-
-
-
(3,798)
-		 At
31.3.24
£
233,705
-
250,000
50,000
100,000
633,705
265,065
5,365
17,642
-
-
-
-
-
-
35,875
1,752
6,904
332,603
966,308

Page 24

continued...

Sports Partnership Herefordshire And Worcestershire

Trading as Active Herefordshire & Worcestershire

Notes to the Financial Statements - continued for the Year Ended 31st March 2025

19. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General unrestricted fund
Discontinued unrestricted activities
Restricted funds
System Partner
Sports Welfare Officers
Commonwealth Legacy School Games
Tackling Inequalities Fund - Sport England
Tackling Inequalities Fund - Worcestershire County Council
Tackling Inequalities Fund - Herefordshire Council
Grass Roots
My Age Can
Active Communities
Other Youth Development
Opening School Facilities Programme fund
TOTAL FUNDS		 Incoming
resources
£
10,711
85,330
96,041
602,250
27,300
-
44,000
-
-
-
-
86,499
18,202
21,030
799,281
895,322		 Resources
Movement
expended
in funds
£
£
(9,107)
1,604
(81,608)
3,722
(90,715)
5,326
(547,598)
54,652
(8,052)
19,248
(495)
(495)
(81,926)
(37,926)
(6,940)
(6,940)
(8,500)
(8,500)
(3,000)
(3,000)
(8,306)
(8,306)
(90,021)
(3,522)
(39,370)
(21,168)
(21,030)
-
(815,238)
(15,957)
(905,953)
(10,631)

PURPOSE OF DESIGNATED FUNDS

Operational reserve fund

The trustees have put reserves to one side so that if significant funding is lost, time is allocated to seek alternatives. If alternative sources of funding are not secured and the charity had to be wound down this can be managed and any commitments honoured.

This designated fund is not expected to be expended within the foreseeable future.

The charity periodically calculates the estimated operational costs for a 6 month period to ensure that the designated fund balance is held at a suitable level.

Redundancy fund

Redundancy costs are not an eligible cost for any of the grants or contracts that the charity currently receives. The charity has set aside a redundancy reserve in case that the charity's funding agreements with its primary funding provider Sport England end or is significantly reduced, as that would necessitate the charity to make some or all of its staff redundant.

Whilst the activities of Sport England are subject to government policy and are therefore subject to changes in government, there is currently no indication that Sport England will cease funding the charity within the foreseeable future. The remaining balance in this designated fund is therefore not expected to be expended within the foreseeable future.

The charity periodically calculates the estimated amount of statutory redundancy pay that would be payable should the staff all be made redundant, as well as provision for any associated legal fees, to ensure that the designated fund balance is held at a suitable level.

Pension fund

The charity has both current and past employees who are members of a Local Government Pension Scheme (LGPS). The trustees have set aside a pension reserve in case the charity is called upon to pay additional lump sum pension contributions to cover their share of any actuarial deficits in the LGPS, including those created in future periods following significant changes in actuarial projections.

Page 25

continued...

Sports Partnership Herefordshire And Worcestershire

Trading as Active Herefordshire & Worcestershire

Notes to the Financial Statements - continued for the Year Ended 31st March 2025

19. MOVEMENT IN FUNDS - continued

Based on Worcestershire Pension Fund's triennial actuarial valuation results as at 31 March 2022 the charity's share of the scheme is forecast to be in surplus as at that date.

However there is an additional complication in that the staff who are members of this pension scheme (both current and past) were originally employed by Worcester City Council who were transferred to the charity under TUPE Regulations when the charity was first set up. Whilst Worcester City Council is responsible for the share of the Worcestershire Pension Fund relating to the employment of these staff up to the date that their employment was transferred to the charity, there is the possibility that the charity may be called upon to make additional contributions to the Worcestershire Pension Fund to cover Worcester City Council's share of these pension obligations.

After the year end the charity has commissioned a report to review the charity's continued risk under this scheme, partly to determine whether the level of designated funds set aside for this purpose is considered to be reasonable.

PURPOSE OF RESTRICTED FUNDS

System Partner fund

Sport England funding received for the purpose of creating a healthier Herefordshire & Worcestershire by harnessing the power of physical activity, focussing on those populations that are the least engaged and would most benefit from regular opportunities.

Children and Young People fund

Additional funding received from Dept. for Education relating to the Children and Young People (SE) fund.

Sports Welfare Officers

Sport England funding received for the purpose of creating a professional, national network of Sport Welfare Officers in England who will promote good practice and safe sport on a local level.

Moving Communities fund

Sport England funding received to finance an electronic platform designed to provide the charity intelligence and actionable insights on quantifiable data.

Commonwealth Legacy School Games

Sport England funding received for the purpose of using the Birmingham 2022 Commonwealth Games as a catalyst to help get more people active.

Tackling Inequalities Fund

Funding received to help the sport and physical activity sector through the coronavirus (Covid-19) crisis.

Grass Roots

Herefordshire Council funding received to be used to assist non-government affiliated sports clubs from recommencing activities following Covid.

My Age Can fund

Herefordshire Council funding received to be used both increase rural led walks across Herefordshire and deliver 12 weeks of PA taster opportunities within communities and workplaces, focussing on activities, such as, but not limited to walking sports, thai chi, Nordic walking, chair based exercises, gentler activity.

Resistance Band Workshops fund

Funding received from Worcestershire County Council to run a series of workshops on how to use resistance bands.

Active Communities fund

Funding to encourage participation in local rural areas and obtain support from local community leaders to help to sustain projects in the long term.

Other Youth Development fund

Funding to deliver a programme of diversionary activities for at risk youth.

Ignite CIC fund

Funding received to support community development in Herefordshire.

Page 26

continued...

Sports Partnership Herefordshire And Worcestershire Trading as Active Herefordshire & Worcestershire

Notes to the Financial Statements - continued for the Year Ended 31st March 2025

19. MOVEMENT IN FUNDS - continued

Opening School Facilities Programme fund

Dept. for Education funding received to use school's sports facilities outside of the school's regular day, after school, and during weekends or holidays.

TRANSFERS BETWEEN FUNDS

During the year tangible fixed asset additions totalling £4,810 paid out of restricted funds were transferred to general funds at time of purchase.

20. RELATED PARTY DISCLOSURES

The spouse of one of the trustees was paid a total of £nil (2024 - £854) in regards to photography services.

21. FRC ETHICAL STANDARD - PROVISIONS AVAILABLE FOR SMALL ENTITIES

In common with many other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.

22. PENSION COMMITMENTS

The charity's employees belong to two principal pension schemes, being the Local Government Pension Scheme (LGPS), which is managed by Worcestershire Pension Fund, for the staff who were employed by the charity when it was first incorporated and had their transferred to the charity under TUPE Regulations, and a defined contribution scheme for all other staff.

The LGPS is a funded defined benefit pension scheme, with the assets held in separate trustee-administered funds. The agreed contribution rates for employers is 22.5% for the next 3 years. Employees pay contributions at variable rates depending on their level of gross wages received each month. In addition, based on Worcestershire Pension Fund's triennial actuarial valuation results as at 31 March 2022, the charity's share of the scheme is forecast to be in surplus and the charity is expected to receive a total of £8,800 back in the form of reduced employer contribution payable to the pension fund between 2024 and 2026.

Employer pension costs for the year were as follows:

Multi-employee defined benefit schemes
Defined contribution schemes		 2025
£
12,949
35,764
48,713		 2024
£
13,784
30,988
44,772

At the year end the charity had outstanding pension creditors totalling £4,287 (2024 - no pension creditors).

Page 27

continued...

Sports Partnership Herefordshire And Worcestershire

Trading as Active Herefordshire & Worcestershire

Notes to the Financial Statements - continued for the Year Ended 31st March 2025

23. INCOME RECEIVED FROM PUBLIC INVESTORS

Income
Grant income
Trading income
Bank interest
Total income
Expenditure
Programme management
Other direct delivery costs
Grants issued
Staff costs
General overheads
Total expenditure
Reallocations(see below)
Surplus/(deficit) for year
Funds as at 1.4.24
Funds as at 31.3.25		 Sports
England
£
682,750
-
-
682,750
62,931
32,857
1,000
419,783
174,761
691,332
(4,810)
(13,392)
282,707
269,315		 Worcester
-shire
County
Council
£
3,574
-
-
3,574
-
319
-
3,248
7
3,574
-
-
-
-		 Hereford
-shire
Council
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Other
public
sector
£
74,745
-
-
74,745
14,649
17,522
1,800
69,644
8,760
112,375
-
(37,628)
42,992
5,364		 Other
income
£
375
2,395
4,502
7,272
-
1,084
-
610
9,845
11,539
4,810
543
640,609
641,152		 Total
£
761,446
2,395
4,502
768,343
77,580
51,782
2,800
493,285
193,373
818,820
-
(50,477)
966,308
**915,831 **

Comparatives for income received from public investors

Income
Grant income
Trading income
Bank interest
Total income
Expenditure
Programme management
Other direct delivery costs
Grants issued
Staff costs
General overheads
Total expenditure
Reallocations(see below)
Surplus/(deficit) for year
Funds as at 1.4.23
Funds as at 31.3.24		 Sports
England
£
673,050
-
-
673,050
68,720
64,245
71,748
318,061
114,797
637,571
(3,798)
31,681
251,026
282,707		 Worcester
-shire
County
Council
£
85,330
-
-
85,330
2,128
44,127
-
41,560
733
88,548
(3,722)
(6,940)
6,940
-		 Hereford
-shire
Council
£
-
-
-
-
-
702
5,927
10,004
3,173
19,806
-
(19,806)
19,806
-		 Other
public
sector
£
117,529
-
-
117,529
22,540
12,575
255
97,422
4,427
137,219
-
(19,690)
62,682
42,992		 Other
income
£
8,702
6,015
4,696
22,809
-
1,420
-
16,366
5,023
22,809
7,520
4,124
636,485
640,609		 Total
£
884,611
6,015
4,696
895,322
93,388
123,069
77,930
483,413
128,153
905,953
-
(10,631)
976,939
966,308

Page 28

continued...

Sports Partnership Herefordshire And Worcestershire

Trading as Active Herefordshire & Worcestershire

Notes to the Financial Statements - continued for the Year Ended 31st March 2025

23. INCOME RECEIVED FROM PUBLIC INVESTORS - continued

Reallocations

Reallocations include Sports England funding totalling £4,810 (2024 - £3,798) spent on tangible fixed asset additions transferred to unrestricted funds on purchase.

Reallocations also include the surplus in the year of £nil (2024 - surplus of £3,722) on a Worcestershire County Council contract for services provided which has been allocated to unrestricted funds (rather than restricted funds).

Omission of cash received and deferred grant reconciliation

Charity SORP requires that charities account for grant income under the "performance" model, and cannot apply the "accruals" model instead.

Under the "performance" model, grants that do not impose specified future performance-related conditions on the recipient is recognised in income when the grant proceeds are received or receivable and grants that impose specified future performance-related conditions on the recipient is recognised in income only when the performance-related conditions are met.

The charity has no deferred income at either the end of the current year end or at the end of the previous year.

Under the "accruals" model, grants are recognised in income on a systematic basis over the periods in which the entity recognises the related costs for which the grant is intended to compensate. If grant income had been accounted for under the "accruals" model, then the charity would have at the year end deferred income approximately equal to the balance of restricted funds.

Page 29

Sports Partnership Herefordshire And Worcestershire

Trading as Active Herefordshire & Worcestershire

Detailed Statement of Financial Activities for the Year Ended 31st March 2025

INCOME AND ENDOWMENTS
Donations and legacies
Grants
Other trading activities
Course income
Commercial income
Investment income
Bank interest
Charitable activities
Grants and contract income
Total incoming resources
EXPENDITURE
Charitable activities
Equipment
Venue hire
Coaching and tutor fees
Programme management
Courses
Hospitality and refreshments
Design and printing
Photography and videography
Branded merchandise
Depreciation of sports equipment
Grants to institutions
Support costs
Wages
Social security
Pensions
Rent
Insurance
Telephone
Postage and office supplies
Sundries
Subscriptions
Training
Travel
Computer
Professional fees
Bank charges
Depreciation of fixtures and fittings
Depreciation of computer equipment
Auditors' remuneration
Auditor's fees for other services
Total resources expended
Net expenditure		 2025
£
726,373
1,920
475
2,395
4,502
35,073
768,343
10,845
4,818
33,210
84,310
2,581
3,350
935
450
18,284
709
2,800
162,292
426,913
17,659
48,713
12,804
5,927
2,366
9,161
7,738
18,579
4,586
11,669
16,763
45,393
296
283
5,722
6,495
15,461
656,528
818,820
(50,477)		 2024
£
760,049
1,400
4,615
6,015
4,696
124,562
895,322
8,170
15,725
50,790
93,388
14,216
3,641
1,300
310
27,997
920
77,930
294,387
409,499
29,142
44,772
11,988
4,577
2,415
4,219
6,551
13,586
8,022
6,688
7,330
37,710
84
247
4,776
4,125
15,835
611,566
905,953
(10,631)

This page does not form part of the statutory financial statements

Page 30