REGISTERED CHARITY NUMBER: 118661)S REPORT OF THE TRUSTEES AND UNAUDrtED FINANCIAL STATEMEM FOR THE YEAR ENDED JI DECEMBER 2•23 FOR SPORTING WELLN Blackthon)5 Chartered Accountants Waterfront FA Bri¢rl¢y Hi we￿ Midlaryls DY5 IXG SPORTING WELLNESS CONTENfs OF THE FtNANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Pale ChalrmAD'I Rry￿rt Report of Ibe Thille 3 to 6 Indeptndettt Ex*mln¢r'• Report St4t¢ment of FlnAndal Aetlvhj Statemtnt of Pt)thlo IYote8 h) the Flb*•dal St•ienwllts 10 to 14 Detslkd Sl*tem¢nt of Fl*•ndAI Aetlvltle• 15 SPORTING WELLNESS CHAIRMAN'S REPORT FOR THE YEAR EYDED 31 DECEMBER 2023 Welcome io our a1￿Ual rewt coveriD8 the twelve D)onths up ￿ 31st De¢emkn2023. Th91 p¢ri(Kl lJa5 8¢¢n the chariry led f￿ll5 on execu￿ the strategy fornwlaied and approved in th¢ priorp¢riod to . l. Streamline our opcTrtin8 llmmkl to reth￿e the cb•riiy8 fixtyl CO8￿ and sImulthneo￿SlY Together these conwlemcDtary goals enable s￿rtIng Wel]r￿S to stabilisc its opcratioD8 towhrd8 a fit)an¢i8lly 6USt8inable enieryrise, more resilient io external shocks aTrJ thus we abl¢ lo ￿tIll￿ lo $w)I￿rt the mentsl Mrllbeing of yourtg sportswomen and yOWL8 Sportsmeo Kross the U. Our purkK)se r￿n￿l￿ to r8ise awlreness #nd provid¢ to ¢￿ble Positive mentsl health in young ￿Ort1PEOpL¢ aged 16 and above, frtt io those individual $ponspeople we support. We ¢ontinue to provide a ll¢twoJk ¥nd a community in wbi¢h young represetttativc sport5Fwple can Ee otrt about nKntsl health 1s6u¢s atml we fill￿ their ott-ttson¢ m¢ntsl health suppon, utmler commercial contract with our bealthcar¢ proviJ¢r, H¢alth Awr¢d. Integral to this a¢hi¢v¢ment the wntinued developrnc￿ Of the into a conrncially aware and incrusitt8ly Th￿tUre Cbief Extcutivc. Callurn kn. Callum provided the origi￿7 inspirniiott from which Sportin8 well1￿5 has it$ oripn$ hi5 PTof¢65iollRI ￿o￿th as Sprtti)8 WeUnesJ itsclf muth] Highlights would inclwJ¢ proyision of spe¢iali818UPPOrt to 431 yo￿18 athletes thTou8h 2023, wbith 16 8 28•A Teduciiott aBain%i the 605 *hletes SUPF4)rted in 2022. duTitL8 th¢ peak of (K)VLD crisi5. 11 brjw lo 2.338 thc totsl nurnber of young ￿on$people lo whom we b•ve provided itrlividu•l $llp￿rt sirKe ow foundation 2019, ￿ th¢ end of De¢ernbcr 2023. A significant mileiione was re￿rded duriD8 the yw when ￿ supponed our 2,(KKIth youn8 sporisww or SPOTtsmaL As ¢xpe¢te¢L as nxntal tMIth becomes a lopi¢ in rtgular coDv¢rsatioD DIOTe yowi8.SPOrtspeople feel able io share their p¢r8ond siNation. Att inditati¢)D of this growing Jww¢n￿ Is Ihl Sportin8 welln&￿ rttenily passal SO,000 follow¢rs on p]atfornM. which 18 nxdium of ¢knit¢ foT ow youll8 to conDect with SportiJ)g Welllle$8. We held in mA￿h 2023 our se¢ond Ch8rity Ball at thc Molineaux s￿l1￿M how¢ of WolTKrhatwon Wanders Footb411 Club. Buildin8 on the 8W¢¢&8 of the previous yearf$ inaugurai bail, thc Bill proved to be a si8nifieanl fundraiser for the charity, over 15% of our ne¢ funding being Benerated on or* ev¢nin8. Th¢ boll 1$ Iikety to become annual event., it W&¥ repeated recently, in Mar¢h 2024, ogaiti ai Molifteux Stadiun4 Wolvcrlwnpton. We our supporters and guests for their attejmlortt and suppon at thele oe¢asio Our oper&tin8 nN)del continued to develop dwin8 the )twr to 80 Iwnd our founding focus lo prov￿¢ mentsl health support direcdy to i1￿1V1th1a] athletes to oow inclwk the provision of bespoke mentsl hea]th wvi¢es to sp)rtin8 bodies and educatio￿7 instimtes. We now have ￿mIne[claI contracts in place wÉth the sports of icn educatitsml iiistitulions attd addilionally from three sports associatton& a¢ross the UK. E•¢h of these bodies has recogw'sed that the provi8jDn of mentBI health suprM)rt and th¢ need for consideTed nKntal healtb aWaTer￿sS to be an¢hoT provisions for their student Rihlctes and mcmbcrs. Wc cxpcct thi$ lo continue to grow in the futwe; provith"nB as li does. us¢fyl diversificaiion of ow fvnding hs¢ aT¥I r¢duc*l r¢li8n¢e on individual donation3 a￿1 funthismg ¢v¢nlJ. On th¢ cosi side, H¢ath AssuT¢d coniinue$ io be our prolcy5ional scThryce provider of clM>ice. lkning receni we VC U￿dC￿Cn a survey of our athletes in respect of the timelin￿ aThl q￿lIty of swon from HA Attd as trustCCS WC are d¢light¢d to r¢tK*rt an ¢xtr¢nKly hi8h l¢v¢l$ of 5è1i5faclion aDd rtCO8nised benefit from our tarBeted Comm￿lty of yOUll8 5POrt5wonM aNJ youn8 Sp￿5￿ Making Sporting Welh*8$ 8 susthit)able enteTPriK able to provid¢ T¢liable aDd w¢ll-fi]rtdrd to young sportspes)ple. renja1￿ the f(w of th¢ truste¢8 aDd futhising remains a si￿1r1¢￿t challenge. As chairD￿n of Truste¢5, 1 wuuld like to tbank our FoLuMl¢r, my frllow Tntsm, our associate5. voIuDteets. donors, 8nd fundrais¢rs for their ￿ntInUed efforts during our fourth year as a cbarity. W¢l]De¥s wnt>nues lo grow I￿1 now hA5 its OTKrntiOTkS anchoT¢d on a 51ablc and wcll%overned footXD& SPORTING WELLNESS FOR THE YEAR E￿￿ED 31 DECEMBER 2023 I hop¢ you are inspired by our ¢fforts to provide this vitsl w and help inwve live$ of a widc ran8c of representative sports people. If you Th￿￿)d like to dona￿ dEtsi18 8r¢ 8t the end of thi8 r¢port. Yow support is 8re84dy appr¢ciak4 aDd every £ h¢]ps. Chriitopb¢r P•lm¢r Chair of Tn]stcts SPORTING WELLNESS REPORT OF THE TRUSTEES FOR THE VEAR ENDED 3] DECEMBER 2023 The trustees present their repyrt with th¢ fiJ)An¢io1 of the ch8Tity for th¢ yrar eThJwJ 31 December 2023. The tnL%tet5 have adoplcd the provi5ion5 of Accountin8 aTbJ Reportiog by Cl￿111¢$.. Stsietnent of Re£omtr*nded Practice applicable to charitics preparing their pth)unts in ac¢ordaT>CC with thE FinwKi8] Reporting Stymlard applicable in the UK llnd Republic ollreland (FRS 102) {effcctive l January 2019). Who wt #r¢ Sportin¥ Wellness i$ a registereAI clwiiy Iregi$we41 nutkn 1186605). and we exist to rais¢ awor¢ne6s and provide supp)rt lo enable positive n)ental health in people a8ed sixleen 8nd ¥ixJve. We exist to rnise funds And re¢¢iv¢ nationB for the bencfit of reFre5entative. xjDi*rofwion￿, and professional young sports people via our support $)siem. Oper*tloDAI Stru¢tsre The ch&rity continues io op¢rnle a number of small su1￿Co￿tt￿ OpeTation8. Fn)ance, Mthing and Fwdrailing. The minutes kn these meetings are distributed to th¢ fi￿1 trustee boanL The ttustees h&Y¢ it￿roduCed a forn￿1 protocol for it¢D￿ of expenditsw¢ to b¢ a￿d by In￿¢¢6 and tbe Finance subcomnjittee. Whil we •lm to do Ily a wu**in31ion of railing rTh nKJney pnthnt use of our existing re5¢rve& Sportin8 Wellness provid¢$ personal m¢nt41 health swrt provided by QUT H¢wltlKare Providcr H￿1th Auured. Athl¢tu ¢on Tequesl Access io thc supporl vii a sijllplc que$tionnAiTe ond rt4p)Nts ￿ 8th1etes ar¢ very quiC￿Y. fthure plans sre to COntim￿ to irKre•ge level of fiwd Tai$iDg Jo 08 lo ￿DtinUe to provide this 8ervi¢¢ to incT¢8Sit)8 nufflber of aihlcle8 across as widc a ran8c of sports is possible. throu¥houi the UK ond Repub]i¢ of Jrel8lld. Thc Iru5tCC5' focus 1$ on b¢ing a direct-￿•thI￿¢ wpport providcr via dircct advenisiog selecied so¢iil llwdi platfornu. Publ1¢ beDefit The Trustees have ¢OD]p]ied with the duty in SerfioD 17(5) of the 2011 Clwities Act io have thie re88rd to 8uid8n¢¢ published by the Chan'ty Con￿liS$l0n in resp¢ct of public benefit aTKI in planDin8 the o¢ti%iri¢s for the ye•r, hftve k¢pt this ID tnind. ACHIEVEMENT AND PERFORMANCE Hoiv we funded Qur a¢tfvltl W¢ continue to raiie funds via a conknimiioD of perwnal iknnation¥. S￿¢1￿¢ fiJndrni$iD8 activitiu and fiu)dr¥ising eveiiis. Althou￿ alternative methots of fundtiig aiftKd at building a rA)re su5taxDable ll￿de1 were researched during the year. FINAf4ciAL REVIEW Reserves poll£y Th¢ tns$tees w￿uld likc to always hold c&th reserves of ￿ leam thRe rn0￿, ex￿lI￿e. This figuTe Jvmged ￿ound £25,0(X) thm'nB 2023, an io¢r¢as¢ on previou5 pffiod and which is deemed to Ix satisf#¢¢ory. Reserves b¢ld at 31st D¢¢¢mber 2023 We￿ £24.254 (2022 - £15263). of vthtch £350 were restricted fund512022 - £Nil). As Slated in 185t yeaf8 repor( if the rt8ervt fi8urt becouu ¢onsidmb]y higher then the duired 8moun( then t trustees will sanctlOD addition￿ 8pending on nwketmg so as to reach out io a 8reat¢r nunl)er of athleies within our tsrg¢l market, as A positive correlth'on between leve]s of advertising arwj reques( for SWM)rt been elearly established it) earlher years. At th¢ mon￿¢ that is not cortsidered the best course of actio SPORTING WELLNESS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 FINANCIAL REVIEW Funds Re¢¢ived During the year. fillkls reteivtd in the main cal￿1¢$ foll Private Donations 29% FutKI Raising Activities 54V• Evmis 17% How we Spent Our Mon Durin8 th¢ year, our futKl¥ wetc sp¢M in the three moin •riu as follows: Admini$tsation Athl¢t¢ support 27•A Black Tic Ball 13% We SAW 8 n￿dest increue in adtniillstyation (¢88eMially sa1￿1¢1 Ind fccs) a6 rethvj our PTeViOU$ heavi¢r reli￿￿¢ on tbird.party supphern 4tyJ colluK￿r5. To8ether these optraw coms reduced SiWllfi¢antly in 2023 to from 51 /• previously. A drive for cost ¢ffirl¢￿Y reD￿j￿ a core fo¢u5 of our CEO and C¥JMMit￿. In the year we had a one off repaYn￿￿t to HMRC of c£6k beiJh8 Gift Aid that h8v¢ beell mi814keDly clai[[￿￿ in 2022. This relates to a generou5 donation thai w¢ w￿Ver¢d from un-taxed ittc0￿ aTrJ tlw iMligibl¢ for Gift Aid. We bav* ti8hi¢n¢d our PTO¢¢SS forprocessin8 donahons aTMI do r￿1 ￿ti¢1Pat¢ aDy ￿¢￿rnCe. Our Future Fund-R*knlDg Pl*n$ Th¢ inaugural 8￿j subsequent Bl¥k-Ti¢ B￿19 ￿¥¢ ￿0Ven ￿¢¢88￿, getteratin8 iimwfiewi fjJDds to supplemeni th>nali0Trs and oll￿r events. The ball tttD repe￿¢4 as rece￿lY as Mwh 2024 and reflectill8 on hugety positiv¢ f¢¢dbo¢k from ￿ evttrL vAJich ha8 been OUT bedrock service top date. In thddition, our tcam is consi&riD8 how to w tO8dher coTrylliDg prda8es for the T¢I¢Y4nt govermrnetttsl and corporat¢ sourc¢s of pot¢nti81 gran¢ [￿￿]1￿8. bcrc w￿Uld bc a firther bro*ning of Lwr [￿￿ID8 Platfo￿ and add to the divetsifieation of reveDue5. SPORTING WELLNESS REPORT OF THE TRUSTEES FOR THE YEAR E￿ll)ED 31 DECEMBER 2023 STRUCTURE COVERNANCE AND MANAGEMENT Governlng document Th¢ chsrity is controlled by its Boverning a de&1 of tn]st and c4)nstituteB an ￿l￿￿tea eharity. The ¢hariiy was set ￿ as a Cts¥itsble Iwrmirattd (k8anisation urmler a Con￿ltirtioll dated 15 May 2019. InduttlO• IiDd tsthin8 •f t￿￿¢¢1 Ai th¢ TN$te¢ n￿]rt8 held on I lth SewembcT 2023. the follovritig Tntst¢e4 exte￿I¢d their tenn of appointh)eM for additi()nal two ye8TS- kntorty Lea. David Middlrf￿ CThri6topher P•lDw to 26th Novernber 2025 And Srneed to 1st O¥"iob¢r 2025. Cbri81oph¢r Palnief8 WiDlmeDt a8 (￿lT runs for 8 thwe¢ ye•r t¢rrn to Novetnb¢T 2025 ID the CUTr¢nt y¢4T. Su￿¢¥¥70￿ plannin8 will b¢ on th¢ of ￿levant Tnts nYdin88. Key maTh•gemeTh¢ remunerAtIoD CalluTn Lcb bccame the CEO ofthe thrity on I Ith May 2022. Durtng the Ye￿ ended 31 Deccmber 2023 rcmuneratlOD P8id to him of £l3.46912022 . £6.316) expenses w￿e tt*imbursed during the ye•r of £566 (2022- £Nil) Rlsk m•nagement The trustee8 ￿Ve a duty to identify and ￿vieW th¢ iisks ts which the chrity li exposed and to enswe appropriat¢ ¢ontyol8 arc in plxe ￿ Frovide re480n•bl¢ aB#itirt fr•ud arml err¢x. REFERENCE AND ADMINISTEL4TIVE DETAILS Re%litered Chgrlty muttther I IA66n5 PrlAclpal iddre 4 The AppleyaTd Dean Street Brewood S¢&ffordshire ST199EN Trnit¢¢# AF.Ixa C Palmer D Middkton Z M Smeed IndepeDdeDt Eujnlntr Blxkthoms CharteTed Accountarts Admiral H￿sC Waterfront F.&8t Brieriey Hill West Midlands DY5 IXG DONATION DETAILS https.'IIwww.sPOrtiDgwellnu$.orgldon* SPORTING WELLNESS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 i.lTh..j..4.¥.. 202.1Tr.. aThJ signtyj on its b¢l￿f by. Approved by order of th¢ board of tru51eu on. . . AEI*a- SPORTING WELLNESS STATEMENT OF FINANCIAL ACllVITIES FOR THE YEAR ENDED 31 DECEMBER 2023 31.12JJ 31.1222 Total nd# nd fu tNCOME AND ENDOWMENTS FROM Donations and legacies 98,177 350 98.527 77.567 EXPENDITURE ON R&i$ÈnB funds 58563 58.563 58.583 Chirl¢ible *¢tlvltki Provision of therapy 24277 24277 25,680 Tfjtsl 82.840 82.840 84263 NET INCOMEI(EXPENDITURE) 15J37 350 15.687 16,696) RECONCILIATION OF FUNDS Totsl fvnds brought fonvard 8567 8,567 15,263 TOTAL FUNDS CARIUED FORWARD 23,904 350 24.254 8.567 SPORTiNG WELLNESS STATEMENT OF FINANCIAL POSITION 31 DECEMBER 2023 31.12.11 Total fmds 31.12.22 T¥Jl*l fuDdi fund N•tes CURRENT A&SETS Debtors Cath ¥¢ bank 1175 21979 2.175 23.329 2J39 13,728 350 25.154 350 25504 16.067 CREDrroRS An))unts falling due within Olle year (1250) 11250) (7,500) NET CURRENT ASSETS 350 24254 8.567 TOTAL ASSETS LESS CURRE LIABILITIES 350 24354 8.567 NET ASSETS 23,904 350 24.254 8,567 FUNDS UThrestricted fimd• Reitricied fund$ 23,904 350 8,567 TOTAL FUNDS 24,254 8.567 fjnan¢ial 8t•temeDts were approved by the Boud of TnL8tees grd iuth()ri8ed for i8Ax on .frf...tA.xLL/..Ix.y*.. and were SIgr￿ OD its bebalf ty. stec SPORTING WEILNESS NOTES TO THE FINANCIAL STATEMENrs FOR THE YEAR ENDED 31 DECEMBER 2023 CIO INFORMATION Sportins Minds UK w&8 TC8i&wed as • Charitybk IrKorywated organiwion on 26 November 2019 Ind is gOV¢rn￿ by 8 constitution dated 15 M&y 2019. The cbarity is resistercd witb Th¢ Ch8Tity Commissio regis*red number 1186605. The charitys prir¢ipal athJr￿ 1$ 4 The Appl¢yar4 Dean StreeL Brewood, Staffordthire, ST19 9EN. ACCOUThNG POLICIL8 B•th of prep*rlhi tbe littl￿1*7 slxtemetyts The 8tsiem¢nts of the charity. vAJich ii a public Ixncfit entity under FRS 102. havc bcen Prepared in aCCorda￿e ihe Ch￿l￿ts SORP (FRS 102) 'Accouniing and RewJrtin8 by ChaTiiies.' Sthiemrnt of Re¢oTTJm¢nd¢d Pra¢li¢e applicable to charilies preparitig tr*ir ￿counts in attordamce with the Finwial Reportin8 Siandard applicable in the UK and Rewbli¢ of Ir¢l8NI (FRS 102) {eftTediwe l J8Duary 20191,. Financi¥l Reponing St4ThJ4rd 102 The Financial Reprtin8 StaTrJaTd applicable in the UK and Republic or ITelth(r and ihe chariti￿ 2011. The fiNncial slalenxnts h8v¢ been prep￿ed histori¢AI Cost The fttwiciol swtenxnts are wepared in s￿1108 to tr nearest £1. FIn*nel￿ rry￿rtI￿1 stAnd*rd 102- reduced dts¢loiure uen¥btlws Thc charity blls tsken advantage of the followit)8 dixlosure exemptioo in preparing these fU￿ciaL Stste￿nts, a$ permitted by FRS 102 Tr Fin8nCi81 ReportUh8 Siandard ipplicable in the UK al￿ Rcpubjic of Ircland,: the YtquirenKttls of Serfion 7 Sthtezneth olcath Flow5. I•coD All irteon* is r¢CO￿l￿d iti tF¢ Stst¢m¢nt of Fin￿￿1￿ A¢uvitie8 4)nce the ¢t￿lIty Iw entidement ￿ tbe fiu)d& it is pr¢)babl¢ that the io¢ome will be received and the tan be ￿*￿red reliably. Expeyjdlture Liabilitx¢$ 8r¢ r¢cogni8¢d as exp￿￿}1￿￿¢ as soon ￿ there is a Ic8al or ¢oAs¢nxtive obli8&tiOtI committin8 the charity io thit expcnditure, it is Probablc a traDsftr of economic bellefi￿ will be required in SettlenK￿ and the WnQWLt ofthe obhg8tion c8n be measured reliably. EXp￿￿"t￿re is attoun*d for on en gccruals basis Rnd has been classified utsder beadinBS that a8greBitr 4ll cost related to the caiegory. Wkwe w$ts c4Dnol be d1￿CtlY attributed io particu]or heath'ngs ￿ have been allocaied to a¢tivities ott • btsis CODSiSteDt with th¢ w¢ of TAxatlott Th¢ ¢harity is ¢xeJty fmrn tsx on its choritsbl¢ a¢¢ivities. d A¢¢ounrfnE Unrc5tricted ean be irt #tcord*tt the elwitsbk obje¢tive5 ￿ th¢ di5rtion of the tn￿let$. Restricted can only be ￿ed for particular restricted purposts within the obje¢ts of the Charity. Restriction arise when spe¢ified by the donor or when fund5 ore rnisrd for particular re5trirted pwposes. FurtlJ¢r expl￿til￿ of the natu￿ and pwpo8e ofea¢h fimd is belov. The Flrtoo TTUSI- The are provitsl to w4bl¢ the prod￿1]0￿ of aMb￿5th FthliCityumpaig￿. -1 SPORTING WELLNESS NOTES TO THE FINANCIAL STATEMEKfS - eonttnved FOR THE YEAR ENDED 31 DECEMBER 2023 AccouKriNG POIJCIES- ¢otht5*oed Peniion ¢osls Ind o¢h¢r P￿t￿re￿¢￿t be*¢frts Thc charity opcrn*y a defined comrilmrtion pe￿10Th ￿he￿*. Contributiow payable to the ¢haritys pension 8eheEne are char8ed to the Stat¢m¢ttt of Finan¢ial Adiviiies in the period io Nvhich they Telatc. Colng Co￿tern Th¢ trijs1￿5 hv¢, * the time of 8pw•vin8 the finatKial ststemettts. • tt•soMble expectstion the charity has 8dequaie r¢sowc¢s io continuc Én operational exIste￿e for the foreseeable futwe, thw they have adtspted ihe goTn8 cOnc￿n baBiS of a¢￿UntIng in pr¢pOr1￿ fmwKiil 8tatem¢nts. ljasir financial liabililies, iTKlwlin8 tra(k and othcr dcbtors and crcditors, bgnk IoBn8 and oth¢r loAns ￿¢ Initi￿]Y reco￿lS¢d ht transadion price. unless the •rr¥ngen%ni Con￿lI￿c8 a finwKin8 ITBTWCti0￿ where the debt insttumtht is n)eaSU￿ ai the pres￿1 Yaluc of thc fithre rcccims OT Pa￿￿nts discounted at a m8rkrf nte or int¢r¢$L TRUSTEES, REMUNERATION LYD BENEFif6 Th¢r¢ were ￿ twste¢s' reJnu0￿On or ¢)¢her bell¢fits for the yew efykd 31 De¢embu 2023 nor for the year ended 31 De¢th 2022. There wett tto Irustee8' expetr# PAid for the year 31 De¢¢th 2023 Dor for the year eThled 31 DKcmbcr 2022. STAFF COSTS &vera8e monthty mmiberof ¢mploy¢¢s awÉyJg the year follo￿.. 31.12.23 31.1222 Truytees Voluntxr No ejnployees rtteived in ¢x¢¢ss of £60,IMXI. SPORTING WEILNESS NOTES TO THE FINANCIAL STATEMENTS- ¢ontlDued FOR THE YEAR ENDED 81 DECEMBER 2023 Uthre4trlcted Ru¢rf¢ted nd Tot*1 fuDds DOn￿l￿nI #nd leydcies .567 77,567 EXPENDITURE ON Raising fuDds 58.583 58.583 Ch•rltabk •¢llvl¢l Provision of thcrAPy 25,680 25,680 Totsl 84263 84263 T INCOMEIIEXPENDITURE) {6.096) 16,696) RECONCILIATION OF Fuh TotAI funth brought fonwd 15263 15,263 TOTAL FUNDS CARRIED VORWARD 8,567 8.567 DEBTOILS: AMOUNTS FALLING DUE ￿THIN ONE YEAR 31.12.23 31.12.22 Prepa)7￿113 1173 2.339 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.12.23 31.12.22 Other ¢r¢ditOf8 1250 7.300 MOVEMEYT IN FUNDS N¢t vtment IN fu￿d% At 31.1223 At J.1.23 nre$¢rfcted General fund 8,567 15.337 23.904 RestYl¢t¢d futtdi The Fitton TnLSI 350 350 TOTAL FUNDS 8,567 15,687 24254 -12- SPORTING WELLNESS NOTES TO THE FINAIYCtAL STATEMENfs - ¢onthiued FOR THE YEAR ENDED 31 DECEMBER 2023 MOVEME￿ IN FUNDS. ¢•ntinu Net nx)v¢m¢nt in fiwd4 io¢ludeO in the aik)ve follows.. luomint Rewurem Mwenwit rewwrttt expeDded kn fimdl UDrutrided 98,177 (82.840) 15.337 Restrieted hndj The Fiiton Tn 350 350 98,527 (82,8401 15.687 Comparitlvei for movement In Net ovtmtnt In fvthds At 31.1222 At 1.1.22 Unrethcled fvndi General fimd 15263 (6.6961 8,567 TOTAL FUNDS 15263 (6,6961 8,567 C(KYwativ¢ tt¢t IlM)Ve￿ in fi* lllElUd￿ in Above are u follows.. In¢omlA¥ rewyre Ruollreei expended Movemetst l# fundi Unrutrlcted Genml fiuld 77.567 (84263) (6.696) TOTAL FULYDS 77.567 (84263) (6,696) -13- SPORTINC WELLNESS NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31 DECEMBER 2023 mOVEmE￿r IN FUNDS. fo•tirtlled A current ycar 12 aNI wioryear 12 Combi￿ posilion is as follovA.' iovement Al 31.1223 At 1.122 UnreJtrlct¢d fulldi General fund 15.263 8.641 Rertrieted fyn The Fitton Tn]st 350 350 TOTAL FuN￿s 15.263 8,991 24254 A CUTr￿￿ year 12 prior year 12 CLMthined net ny)ven)enl in I￿l￿dea in th¢ above are al follows.. M•ven*Dt expettded Uoreitrlct¢d fund¥ Gencrdl fund 175.744 (167,103) 8.641 Rutrl¢ttd ￿#d1 Th¢ Fitton Trust 350 350 TOTAL FUNDS 176.1YJ4 (167.103) 8,991 The Flttoll T￿lt- The Fition Tmt bav¢ provided yants to ¢n•bl¢ the * of film& RELATED PARTY DISCL05URES There wer¢ no rclatd pty trawrtwlls for th¢ ytar ended 31 De£cnkn 2023. -1 SPORTING WELLNESS DETAILED STATEMENT OF FINANCIAL ACTIvrrtES FOR THE YEAR ENDED 31 DECEMBER 2023 31.12a3 31.1222 Don•doM *nd lega¢k• Donationg 98.527 77.567 Tot*] l#comkn8 ru••rco% 98.527 77,567 EXPENDrruRE Ralilng donatloni aAd kg*d W&ge8 Pet)sions 13.469 217 699 401 626 566 23.881 12(H) 4208 6J16 670 Postsge and 5tstion¢ry Su[￿ne5 Travcl expenses Advertising And promoii Lc8&1 and professional f¢¢s Co1￿Uler and web8iie costs SponSOT5hip ConJmis8ion ￿Y#b]e Adrniftistrntion servit 1.353 28,920 1250 1.894 739 562 14244 13296 58J63 58.583 Chirft#ble 1¢th4tl Thcropy f¢e8 24277 25,680 Total re0QU￿¢S exwthd 82,840 84263 N¢t kn¢onxl{¢xp¢DdSturel 15,687 {6,696) -15-