CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From: 1 November 2022 to 31 August 2023 Charity name: Derby Trailblazers Basketball Club Charity registration number: 1186699 Objectives and Activities SORP *lwenc Para 1.17 Summary of the purposes of the charity as set out in its goveming document The objects of the CIO are: To promote community partlclpatlon In healthy recreotion by providing facllities to participate in the Sport of basketball and to galn qualification5 and experiencg In basketball in all of the following rolos: il Player; 111 Referee; 1111 Official; or fvl Coach. For the purposes of thls clausg "facllitle5" means land, building5. equipment and organising 5POrting activities. The CIO promotes community participation In healthy recreatlon by (but not lirnited to); 11 provkjlng facllitles to particlpate in the sport of basketball; 2} provlde experience In the roles of player, referee offlelal and coach for the above sport; 31 helplng indlviduals to galn qualifications inthes ort. Thè Tru$ts¢s of the charfty are aware ofthe Charity Commlssion's guldan¢¢ on public benefit and this nowforms part ofthè Inductlon Pack for new Trustees. The Publlc Benefit provlded by the Charlty Include: - the educatlon of young people - advanclng arnateur sport - advanclng health The beneficiaries are all membern of thg public and local communrty. Further detslls can be found in the activlties undertaken to achieve objectives section of the Trustees re orL In setting objectives and planning for a¢tiviti¢s, the Trustees have glven due consideration to general guidance published bythe Charity Commission relating to public benefit, in¢luding the guldance'Public benefit: running a chari Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. Para 1.17 and Statement confinning whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit P8Tr 1.18 Achievements and Perfonnance . SORP ref8renc* We haveshortened the financial period to now end on 31 August 2023. This nowallgn8 the financial perlod with the 81art of the basketball season. Over the last flnancial perlod the club acllvltles have returned to normal levels after the prevlous restrictions of the pandemlc. Thp Trustees and members have continued to operate good Ilnes of communication with players, volunteers, supports, 5tskeholders and the community to ensure that the Interest and awarenes8 of Basketball is promoted positlvely both locally and nationally. The club has seen growth in its junior programme and now supports 19 teams across all age and abllity groups. In order to support the growth the club now uses 6 vonug5 to provlde trainlng and game court timfr. The Trustees have continued to work wlth all stakeholders to maxlmlse the opportunities for financlal support to assist in the clubs rowth durln 2024. Summary of the main achievements of the charity, identifying the difference the charity's work has made to the circumstances of its beneficiaries and any wder benefrl8 to 80¢iety as whole. P8r¥ 1.20 Financial Review Review of the charity's financial position at the end of the period Para 1.21 At the end of the 2023 perlod the CIO had total assets of £31,992 {2022 . £43,810}. The CIO had creditors due within one year of £4.191 {2022 - £3,876), resulting in net assets of £27,80112022 - £39,934). Durfng the 2023 financial perlod {9 months) the charity recetved total income of £151,930 (2022- £286,202). This came from a number of different sources. The CIO incurred expenditure of £164,063 12022 - £258,629), resulting in a net deficit for the period of £12,133 (2022 - surplus of £27,573 The trustees have revlewed the CIO'S needs for reserves In Ilne wlth the guldan¢e l$sued by the Charlty Commlsslon and are In the process of $¢tting an appropriate reserves policy for the CIO. Th¢ trustees are therefore comfortable with the Current level of reserves. Tho CIO'S funds at 31 August 2023 totalled £27.801, com risin all unrestricled funds. Not appli¢able Statement explaining the policy for holding reserves staling why they are held Para 1.22 Amount of reserves held Pér4 1.22 Reasons for holding zero reserves Details of fund materially in deficit Explanation of any uncertainties about the Para 1.24 Not appllcable Para 1.23 After maklng appropriate enqulries, the Trustees have a reasonable expectation that the Charitable Inco rated Or anisatlon harity continuing as a going concern has adequate resources to contlnu& In operational existence for the foreseeable future. For this rea50n, they continue to adopt the going concern bas18 in preparlng the financlal statements. Structure. Governance and Management Description of charitys trusts.. Type of goveming document Para 1.25 Derby Trailblazers Basketball Club Is registered chartty, number 1186699, and ts constituted under a Governin document. Derby Trailblazers Basketball Club Is Constitutgd as a Charitable Incorporated Organisatlon. The management of the Charitable Incorporated Organisation is the responslbllity ofthe Trustees who are elected and COthOPtgd under the tfjmis of the Goveming document New Trustees undergo a briefing on their legal obligations under ¢harity law, the ¢ontent of the constrtution, the decision making procesges, and recent financial perfomian¢e of the CIO. The new Trust¢e8 also meet other Trusteès. Trustees are encouraged to attend appropriate external training events where thesg will facllitate the undertakin of their rolo. How is the charity constituted? P&r8 1.25 Trustee selection methods in¢luding details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees P8ra 1.25 Reference and Administrative details Chari name. other name the charit uses istered charit number Charity'5 principal address Derb Trailblazers Basketball Club Nola plicable 1186699 7 Cooks Drive Castle Donington Derby Dert)yshire DE74 2SW Narneg of the charity trustees who manage the charity Trustee name D8ts$ 8et•d If not for whol• $ar Mrs D Woodyatt Mrs J Marriott TreaSU￿r Mr Martin Shaw Mr D Woodyatt Miss T Chambers-Harrison Mr J Marvill Secretary Chaimian Appointed after 31 August 2023 Appointed after 31 August 2023 Appointed after 31 August 2023 Appointed after 31 August 2023 Appointed after 31 August 2023 Appointed after 31 August 2023 Mr J Norman Mr F O'Reilly Mr R Taylor Miss B Wheldon 10 Declarations Signature Full name dyatt Position an Date of approval 3010912024 CHARITY COMMISSION FOR ENfjLANEI JIND WALES DERBY TRAILBLAZERS BASKEYBALL CLUB Clarly F 1186699 Annual accounts forthe period | OIM212022 To PBrtDd epd dats 3110W2D23 Section A - Statement of financial activities Unrestricted Restricted Incomg funds EndovMEtrt funds Totsl funds Prior year tund$ Incomlng resources (Nots 31 Income and endowments from: Donation5 and legoeJe$ charitab￿ actIv￿e5 other Iradlng ()ther Total 22,045 121.218 86S7 22,045 121,218 8,667 80,367 192,291 13,544 151930 151,930 286,202 Resourcets ¢xpended (Note 41 Expenditure on: Raising funds Chart8bl8 a¢tNities SuppDrt Gosts Other Tolal 2399 1￿.,7( 6.958 2,399 154706 6,958 2,357 247 582 6,eSO 1640S3 1&4,063 258.629 Net Sncomellexpendlturnl bgfor• In￿$tr￿ent galnslllossesl Net yainslll¢55esl on Invesbm8nts Net Ineomellexpendlturel Extraordlnary Item3 TTansfeT3 between funds 12,133 12,133 27.573 12.133 12,133 27,573 Other re¢oynlsed galnslllossesl.. G8ln5 and losses on revaluatlen of ffxed assets Olhe., gainslllosses) Net movement In funds 12,133 27,573 Reconclliatlon of ftJnd¥', Total funds brought forward Total fund8 carrled forward 39 27.801 39,934 27,801 Page 1 of 14 Section B - Balance sheet Unrestrtcted funds Rest￿cted Income funds Endowment Total thlg funds yèar Total layt year Fixed assets Tangible assets (Note 6) 750 750 750 750 Current assets Debtors (Note 71 Cash at bank and In hand Totsl current assets 30,970 272 31.242 30,970 272 32,922 10,888 43,810 Credltors: amounts falllng duo within ono yoar (Nole 8) 4,191 4,191 3,876 Net current assets 27.051 27,051 39,934 Total assots less current liabllities 27,801 27,801 38,934 Credltors: amounts falllng due aftar on9 year Provlslons for Ilabllltlgs Total net assets or Ilablllttes 27,801 27.801 39,934 Funds of the Charity Unrestrictgd designated fvnds Ggnpral funds Total funds (Note 9) 3,854 23,947 27,801 3,854 23,947 27,801 3,854 36,080 39,934 The finÉncial statements were approved and authoriwl for issue by the Trustees and signed on their behalf by.. SvJnatu Full Name Dale of roval fl'•W Mrs D Woodyatt 3010912024 Page 2 of 14 Section C Notes to the a¢¢ounts Note 1 Basis of preparatlon 1.1 Basls of accountlng The accounts have been prepared in accord8nce wth.. - the Stalemerrt of Recommended Praciice.. Accounting and Reporting by Charib'es preparing their accounts in ac￿rdanCe wtth the Finan￿al Reporbng Standard applicable In the UK ané Republlc of Ireland IFRS 102} issued on 1 January 2019 - the Finanaal Roporbng Standard applicable In the United lQngdom and Ropubllc of Ire18nd IFRS 1Q21 - and wlh the Charities Act 2011. The charity cOnst￿￿e8 a public benefit enlty as defined by FRS 102. 1.2 Going concern After making appropriate enquI￿e8, the Tru8tees have a resonable expectation the Chwlla￿e Incorporated Organisation has 8dequ8le resources lo continue In operational existence for th8 forpseeable future. For this reason, they continue lo adopt the going concem basis in preParir￿ the financial 81alements. An explanaUon as to those factors that 8UPt)ort the corKlusion that the chartty Is a going concem,, Di8Ctosure of any uncertalnties that make the going concem assumptlm doubtful., Not ap￿1¢￿1￿& Where accounts are not prepared (fft a going concern basis, please dlsclose Ihls fact together with the basAs on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern. Not ap￿icaN￿ Page 3 of 14 Section C - Notes to the accounts fthe obligation can k measured wth reasonable ￿rtaInty. Liability recognltlon Goyemance and support costs Support costs have been all￿ted betsveen govemance costs and other SJPPDrt. Govemance costs ￿mprISe all cosls involving public accountability of the charlty and ils compliance with regulation and good practi￿. Dèferred income No Materi￿ item of deferred income has been induded in the accounts. Creditors The chanty has txeditors ￿lch are measured at settlement arnounl8 less any trade discounts A liabillty is measured on recognluon * it8 historical cost and then subsequent measured at the best eslimate of the amount required to settle the obligation at the reporting date The charity accounts for b88ic finanaal instruments on infaal recognition at tran8acllon value antj subsequerty measured at their setuement value. Provlslons for liabilittes Basic financlal in5trum¢nts 2.3 Assets Tangible fixed a$sgts for use by charÈty These are Gapitallsed rfthey can be used for more than one year, and cost st least They are valued at cosL Debtors are measured on intlial recognition at settlement amount after any trade discounts or amount advanced by the ch8rity. Subsequenlly, they are measured al the cash or other consideration expected to be received. Debtors Page 4 of 14 Seclion C Notes to the ac¢ounts (continued) Nots 3 Analysis of Income Ro#trfctéd Incrn fur¥l$ Endowment funds Analysls Toial fuNd8 Prforyoar Donations and Grants Other 22.045 29.055 51.312 Totsl 22.045 22,045 80.367 Charitable activitios: Acade Cornmuni Pla erre Court hire Other ndln CQ8¢hin islrab'ons and membershi 46,721 7,881 68091 525 89.823 14,389 8e,055 2,024 7.881 66,091 525 Total 121,218 121,218 192,291 other tr*ding 8Gtivltl•s: Fundraisin income Merchandisin sales Refreshments Other 101 4.245 4.321 101 4,245 4,321 128 8.187 5,229 Totsl 8,e67 8,667 13.544 TOTAL INCOME 151,930 151,930 286,202 Page S of 14 Se¢¢ioi) C Notes to the accounts Iconfjnuedl Nots 4 . Analygi$ of oxp*ndltyro p8rfod LastyO8r ETrdovJffl•rt furtd• Anaty818 Unrw¥btthd Reotrf¢igd Inwmg Relrpghrnents Olh£r tradins actMU88 2,399 2.399 2,357 2,357 Total oxpendlture on raI￿ng fund5 2,399 2.351 2,367 Expendltur& on ¢harftablo 8Ctl¥ltlo8'. stsll c0819 (Note 61 Coaching costs ACCo￿￿O￿allOn tosts Court hl Fitness ¢oathtrg Kil and e9knipmenl Match o*cSals Plsyers 9nd ieglstration cu$ts Travel Gosts Team enty wistratian Presentation eVen￿g Er&3mus project Toial oxpendltulg orn th•rlt¥blo actlvltl8S 27.039 28.582 13.fY)O 37.895 3,073 317 8.104 31,880 2.426 1.617 ni 27.039 28.582 13.000 27,895 3,073 317 8,104 31.88D 2.428 1.677 34.333 31.744 14,625 ,953 6,038 1.800 14.694 ,6QS 34,333 31,744 14.625 55.953 6.038 1,800 14,694 39,605 2,504 7,368 614 38.304 7,368 614 154.706 154,7rAI 247,682 247,582 Expendlturo en support cost8.. InS￿ran Admlnlslrab-on ccsly Bank credi& Card charges Govem&nee ¢08ts 254 4.780 1.237 S87 25¢ 4.780 1,237 687 251 4.736 893 2.810 251 4.73e e93 2,e10 Towi expondlture on sUPPOrt co¥ts 6.958 6.958 8,690 8.ego TOTAL EXPENDITURE 164063 25&629 248,629 P￿er1￿4 SeGtion C Notes to the accounts l¢ontinuedl Not& 4 - Detalls of certaln Items of expondlture 4.1 Fees for examlnatlon of the accounts Thi8 period Last year Independent examinerfs fees Assurance services other than Independent examlnation Tax advlBOry fee8 othor fe98 pald to the Independent examirwr 600 890 Page 7 of 14 Section C - Notes to the accounts Icontinuedl Note 5 - Pald employees 5.1 Staff Costs Thls year Last year Salaries and wages So¢lal securlty costs Pension costs Other employee beneftts 26,251 33,333 788 1,000 Total staff costs 27,039 34,333 No gmployoes recefved employee beneffts lexGludlng employer ￿nSIOn costs) for the reporting period of more than £60,000. 11.2 Average head count in the year This year Number Last year Number Fundralsln Charftable Acllvltleg Govemance Other The parts ofthe charity In which th employgeg work Total Page 8 of 14 Section C Notes to the accolints Icontinliedl Note 6 Tanglble flxed a$sets ¢.1 Co¥t othor Wnd& PWDt•nd n￿ts￿hIC1e$ urls, ffttin and equlpmpnt bulhllnys T(rtal Al the oflhÈ pwTod Addiuons 760 750 Revalu9tk)n$ DlspwL4 TrBnsfers' Al end of the perfoj 760 750 8.2 Oppre¢l#tlo11 At begIn￿n9 of the peric