REGISTERED CHARITY NUMBER: 1187732 Report the Tru51ees ar Unttudited Finan¢iol Stdkments for the Year Ended 31 J4Jr6uary 2025 Swikh Th Pl¢Jy FovndJii•n Harts bmited Weslrnirtstsr H<Kpse l O Weslminstrer Rottd Macdesi*ld Cheshire SKIOIBX
Swrtch The Play Foundation tCntefits af thé Fin•h¢i41 Slatemehts for the Year Ethd¢d 31 J¥n¥4ry 2025 Pugè R4rt of lh• Trusl••s I to io IDd•penden Ex¢Jminer s Report *atem¢nt •f FinMn¢i#l AdiwtiO$ aalance Sh¢¢t Qtsh Flow Slatement N&es to the Ca$h Flaw StoF•m•nl Nol¢s to lh¢ Finan¢ial Stthom8nts 16 to 2T Det4ild Staloment ot ¢14 Adivilies 22
Swiith The Play Fovnd4i?n Rèport olihe Trusltes Eorlhe Year Ended 31 January 2025 The tru#¢¢s pr¢s•ni th•lr roport wrfh the finaitttl thatements of the chtsrity f¢r the year ended 31 January 2025. The truslees have adopted the provisions of Accountin9 ¢nd Reporting by Chorltl¢¥. Sl•tr•meni ¢f Reeammended Prodite applieable tc tharities preparing their oce<Kvtt5 in accordance the Finamal Repottin9 St(thdtsrd opplieoble in the UK RepLé)lic of Ireland IFRS 1021 leffethve l Januory 20191. OBJEcfivES AND ACTJVMES Objedives und aims Switch the Play Foundation is the UK'S ¢nly tharTty dedKufed to yjpporhng oll spartspeopl2 Irrspethve ¢f thèir sport. bcKkground or slage of th¢ir sportin9 coreer wjth thtrjr $Cessful transition into life outde Of 8)¢rt. Having bee e51oblithod 0$ a $eei41 entèrprise in 2014 we converted to tharitroble 5totUs in Febfvary 2020 with the ¢spir¢titx ot hJrther growin9 our Impad. We or• prtyJd ¢vtrr time to have bulk a r¢putohon e$ a erèdlblè and trust supporter, partner und collcL)orotor for sp¢rting or9oru50titJll5 ond sportspeople alike. O¥t vlsl#tt ts tt wèrld where every othlete hrNes thr(gh oTrd beyond sport. Our mi$$i•n 15 to empower qll %portspeople to be their bes Ihr<)U9h dnd beyond sport, prgwdlng l)¢st-In4o person-C8rtred trttiftingl learning and wpport. Our ¢haritable purpos¢ is to.. Advance education by supporting the education and tr4ining of sportspeople who req¥lr¢ ¢s$10otKg fln¢n<iolly or ¢thtrwtsé ic hlp them to pursue careers OLrfsidÈ sport. &Jpport sportspeople both retir¢d who fare octive in Comwit sport, who ure at risk of éxprienung or are experieMng POOT mental health. Why ne¢d8d There is a hidden majo¥ity of hi9h perf¢rmitlg sportsF)pople who need wr Appart. In strivin9 for Olympi¢ Paralympic SUC55 or Jhe hgheo performances in profssi•hthl srt, fans, sporting organisthions. csnd brands ¢xpe¢Tr ¢ kw9¢ om¢unt fr othletes. They make huge socritices to pursue g sP<Jrting gcal. They pvtr their bodi on the line, gNe up careers and make huge per50nol compromises or medals or sp¢rtin9 succes8 th(tt bén•f¥t thè well a5 the athletes themselves. C<knary to populor belief these yJcrifice5 rarety lead to Icng on¢J ¢¢541 sporhng careers that also set people vp for their fives bey¢Jnd sport. Thè ee is overwhelrning.. - Mostr Your spcrtspeople an a trulent pothway fttil to reath the top level in their sport. For example, 9P/o of former elite academy fo¢)tsgller5 now aged 21-26 failed to rnake a sin9le Premier Lets9VO Ppeoroe. - Mo# sportspeople den't meke fift thangiNg sums of money through playlng sport. For exumple, a BBC Survey of arthsh Elite Sp¢rtswom¢n highlighted that more than 4/0 e¢m 1¢$$ thon £1 0,000 per amum through playing sport with 600/0 eomin9 less th £20.000 pa. Athletes are earning less than the national liliin9 wage lo ploy ct the very top of their sport ntionolly and sometimes internalion411y. - The sporting coreers of rnosP 5POrtspeople do not end on their end temiL Over 70a/ty of 3portspeople retire through injury. de-selecli¢n or th¢ir 1)trac1 noi Ing rtfièwed. Moking the trqn51on to Irf• b•ygnd wrts is Lallenging ¢znd imputh upon th2 mentol heahh tsnd welll)eing of sportspeople. 52Q/o of tTrwe who ployed sport profess¢onally reported financial in the five ytsart after 5toppvbg play5ng. 540/d of forrner professional sportspecple have had concerm their mental or emoti¢ttl wellbithg srKe r¢tiringi with 3 in 5 of th¢se hove an issu¢ with their m¢nt•i/em¥tiM¥l wellbeihg hoi seeking hèlp. A survey of OtympK and PoralympK world class knded athletes found thot 0/ dts*t leel prepared for life after SPCrt and 550/0 donl know where lo lurn to. doesnt hove to be way. Wrth the right gjpport in pltsee sportspeoplé cttn be set up to thrive both thrw9h their 5porling career5 and beyond. They do not have to the latter in pvrxjil of their 5PQrting drea(n We are paOnate cantiibuhn9 to o sportin9 ewsystrem thot ThJrlure5 well rounded, healthy hurnon beings can adjieve success in sport 0$ well <Js in their li beyond sport Po9• 1
Swikh The Play F•unduPi#
Report of ihe Trustees
fot th• Year Ended 31 January 2W25
OUECTIVES AND ACTivmES
ObieGhves and aims l¢onl..I
Ovv Values
Excellen<¢
èxcellence is ot th¢ hsort Qf •v8ryihimg wé do with pride in th$ quolity of cur delivery and stiln9 to be
the we con be in all of cur interaclions with benfleiari&, donors and sF¢k¢holdws.
P4ssion
WÈ existr because we care. Pwon is ithediou5. Our pOssn will help us to delivèr the excelle thot w¢
striwe for.
- Pèrson Centred - on wr8lent(ng faths on the needs of the Indid01 Lynd ha9 a positive imp¢tt.
- Coliaboralion - we are part of the solvli<)- we can't dc it oll obn¢. W s•d( t¢ find thé c¢Jfflmon groLd with otr5.
lThd¢pendeni
we work wlth the sporting 5ysfem bvtr we are independent. Otsr indtrpendence will help build trust
Qur btrnePKla
Swiith thtr Play Foundation deliv¢rs the ollowing sèTrice
Learring Development Programnies
cov¢rin9 o rse of lile 4(i115 topics to supptsrt the per%ul development of
sp¢rtspeDpl¢ including s•lf-tswarene5s. emotionul resilience. personal branding. moximising y¢ur network, ond
transferable skillL Thesè ore delivéred diVIdUallY to dviys ond 5pgrting organi5aticns or through pr¢grommes take
spètsfic cthorts af athletes thr¢vgh 9roup based sessions cs wdl 0$ p¢rs¢nolised mentorithg and coathing.
5}t&d On eomrnunity lor indiwduol sportspetsple. Thi5 irUde5.
PerscJnolisÈd ¢)n-boording PT(C slrLured ¢rauTrd the Athlete fr4Nition Bridge getllng ts know tho person <znd
build a person¢1 plon for then
Mental Wellbeing support
inf¢Mtion and resr£eS to promots ond sUPPOrt posrhve mentol wellbeing for
sportspeople. This includes tFe deYelopTnetrt ¢f o PsythotOgi<oI Core Pathway Ilaunthed in July 20241 providing ¢¢ce&%
to 8ACP occredited coUello1$ to support those in ned..
Perwnolised ¢ne io ¢t eoathing or mentoring support for every rnember.
SwitthÈd On InspifÈ5. o one op plotfo¥n of information, wpport resoLvces to help sportspeoplé prepore for
fe outside of sport.
Career Pathways support offering ctccess to busffte5s mentor¥ experience doy5. work experience, shadowin9 ¢nd
other opporknities lo enable sportspeople to xplor the¢r opthS and wt a plall in ploce in lirtè wrfh a thosen path.
. Social impocl programm¢s - helping Sportspeop to identify their social purpose aligned to thelr inter&sts ond possl¢)ns
supporttng them to have a positive impatt thi sotièty. This 15 via masterclosses, throvyh one-to-one sUPPOrt as part of
Swtidd On. Or réseorth projeds where we haye bÈen able to take an eVIdee-¢$ed uppr¢oth to inform social
imp<Jtt pr¢9romme
Publi¢ Thefft
Thè trJstéè5 eonthrm thot they have hod regard to th guidonts issued by the Charity Commi¥sion ¢n publie benefft.
Grqntm4king
As of Januory 2025 the tharity h¢d wmence
Swlfth Th• Play F•uhdati• Report Of the Truslees for the Year Ended 31 Jahuary 2025 OBJEcfivES AND AcnwnES Volunfeefs The tharity hos F)reoU31y operated with hvo advisory groups ol Sj¢r voknteers to support both thè othlete facing ond fwdrcIn9 0dlti•$ of thé chaThty- During the year a decisi•n was token lo disband these h¥• 9roup5 and work wth VOILMtee in c more ar9•ted task and finith opproath. Tris èvclution hos through learning obour works and how bést to engcg¢ people the work so they cun fetl fike they ore oddlng val As ef January 2025 there were o totol of 5 volffters ad¥vÈly supporting th8 work of the tharty- Page 3
Swikh Th• Ploy FoundaHo Report af the Ywsl¢os Forlhe Ended 31 Jonwry 2025 ACHIEVEMENTS AND PERFQRMAMCE Chiiknb10 udivities 2025 OVERVIEW 2024 has been un eXtin9 yèor of ull¢b•rarfon and for the thgrlty, Pighllghted by tj gront sered via the Jacobs Futurts FouThdaticn to deliver trOtiOn suppcrt prograrnrne5 fdlowing th 2024 Pari5 Olyrnpi¢ G¢3rw Paralyrnpi¢ fjamgs. This gr4nt wu$ a ¢ollobthr4ti¥• bA 019&de D<¥mÈ Kelly H¥lm¢s Trusl IDKHTI ¢Dd The Fpwdoli¢n. The preserEC¢ •f ¢1 rtw tharitable fcundutitsl With o spttific fcKus on othlete tr(mort ond wdlbeing ho5 the potential t¢ b troD5f¢rmotNe ftsr wtsrk in thts orea ond we ore progd to be their 15rsr otNettr gJPPOrt grarrt rétipient and havè btefi exated to work With the partners on th¥e prggrarThn¢s throughoth the year. A malor port of thi5 beèn rf)È d¢Ve1meI and launth of the Ev¢lv io Thrive proyr¢Jmme in ¢ollobtsrfJrl¢n wmh IDKHTI. 12 month tr110) prrgromrne which has ¢ttrott&d 35 ete$ frcm 19 dtfferent sports YC 51gn up. Th progmme fomally Founthed Februory 202S. cved positrve progr% hos been made wlth regards to kxMldlr#J the firMwl F$11¢r of the thorlty and following the tha1ge5 ¢f C¢vid, we have Dow been able to P05t a net operahng Surp% for o second C<>reave yeor. whi15t nttrii¥ng to re&Ke the deftot QA the btsltsrtÈ shèttt. This Is entsbling the Trustees cmd exeujtive lo m¢re effedively m•p the 51rateglc dtre¢tioN tsf th¢ ¢hqrhy with o new 5 year ¢ratre9y wder d¢vdDpmenr Ito be cornpletred May 2024. In tt5elf this highlights the signifieant trwsFgrmgtign thot thqrtty hg¥ been thrrJ)gh tsvr th¢ r-W)le of yeor From J L7en&ityury perspettive we haye conthwed ts build ¢n ovr PuOI> a5 QS trv5ted thoriiy deltr etyng o positive imp¢tt ltyr othlete5 XVP¢rting Iheir pÈrsoogl devplopsnertt, w•llb•wy nd preporation for life Yd Srt. 0r tr last 12 rncrffhs we have succosstully grown wr benefry nvrnbe55 by over JO¢/ from the Pre¥ year, with 3585 current or fonn¢r 4thletes e1¥1g 5UPPOrt rom the tharity. Key to gr<)th hos beert pttrtnerships pxh as wrf the GLL Sport FtsJrKl¢thO The FA viu their Paru aDd Disability Notional fo¢thdl t¥tsmx, ond the Premièr Leagve. haye oyer 500 mem6¢rs of t)vr 5wilth$d Ckn nehvvrk re¢ping personttlised wellbeing and 5UPPOrt, und w faolitoted 46 matr£ISSES acr055 the y8ar (OVerg u wide ryng& of topi¢ Thtrrè is Shll trMr(h to bè dono thè thèmès ctrè nat rt8w. W• n¥èd ro incrfe our wsib11 ty so m0r atrAeto$ ar• qwora of and acce55 rhe support we pro¥lde. We ore working hord to be a go-to for othlete$ ond r¢£oyni5e thut in some ¢a5¢S th impoct we cttn h¢Ye ¢¢dd simply bc helpirtg fv ntsvl9Ute r%n dthlere lo another organisation who 15 offerlng whut th¢t ind¢vid¥l ttoéd Our p0rs0fv¢frèd #pproath rernaN tt g¥¥dityg pfinctpl• In our deoslon mgkTng W& wart to go deeper wth the 9JPPOrt we can prowde to indmduals, hus hi5Iorieolly been luniY by the TeSOUTces available to Gr¢)WTr)9 ¢)or fmdroi5ing gtr•t¢gy io enobl• us to ath5eve this u key pillor of ovr wo Ir is impprtont to thunk thc5e PeIe thal make thi5 u r?ality. Fsrdy, to ¢11 our dorr$ and wpponers wTlhwk w w¢vld not b here. We never take for granted Ihe dec45ion lo wpport (Jr ¢ause amongstr all the worthwhile dlaL?10 couss thut Indlvlduals und ecmpanle5 ¢oLdd thgcsè tts wpport. l wanted to thank My fellow fr¢tS for thelr oTrgoing wmitment t¢ ensur¢ w¢ ddiv¢r impucrful supp¢rt for athlete The hord work behlnd the s¢enes ha5 been inyoluoble t¢ the impa¢r we ore ¢)ble to h¢Tve. And ffnalty. exewrive tevrn gnd Yeum +2,. thtt Impacl we dpfiysr ¢orf¥wes Ic punth well vbove ovr 54ze and tr r$ 19staffjertr Iv the gr¢vp of pèoplt cur¢ P04Y1Y ¢b•ut Ih ¢we ryld work with couru9e. cornpG35i0n and gJri05ty ID help WPPDrt wrront and f&Ther thNales. // Cruig D¢Jnaldson Ch4 Page 4
SwiP¢h The Play Foundation
Report rjf ihe Tvvslee$
lèt thè Yeqi Endéd 31 January 2025
ACHIEVEMENT AND PERFORMANCE
Charilabl 47¢tl¥llO•s
Highlights from the year indude:
Wè supparted over 3,500 benefi¢iaii¢$ 0tr05s over 60 sports. ¢J 300A growlh in thÈ number of athl¢t¢s support•d
from the pr¢vigus yeai.
As noted obove, vl Portnerthip wlth DKHT and Thè Mintridge Foundation we were sUttessfuY awarded tt 9rorrt to
deliver 4 number of athlète svpport programmes with o specific fows w thlétes tronsptrioning foNowing the Pari$ 2024
Olympic ond Paralympic Gomes £yd. This includes:
Providing dtdicated fiThling irtto our Switthed community which now iottsls over 51M) members af our Swilched
On communty receiwng prs•nolised support ir¢cluding to one coathin9 or mentcringi oftd at coreer
pathway event
In June 2024 we were proud to launch our Psychologicul Pathwqy provldfng acc25S to 8ACP tsrcrediFed
therapists os tsn embedded purt of the Switched olfer. Dernand for support htss been high and 66•/o ¢f th¢Jse
completin9 to dttte have 'reliobly recovefed, acwrdin9 to industry rec¢gni5ed asSenent toJl> This compores
favourably With the NHS targ¢t +¢r rliuble reeovery trom NHS To19 Ther aps¢s of 484/
LaurKh of our Ev•lve to Thrive transition progromme In ¢ollgborali¢n wth DKHT. The progrme fom)¢lly lounthes
itt February 2025. As of Jonvory 2025 35 athlet&s frtyn 19 5POrts hod signed up to the prooromm.
We delivered 46 fife skills m4sl$rdasses predt>nirtonrty to younger athlels on a talent pathwoyi htlping to yJpport
their htsllstric dvel¢pfflent at the skart of their 5porhng joumey.
. We were retuined fcr o sixth serjson on Prtmier Leqgve's Lrf• Skills Progtttrnm¢. and IOT the thlrd 5ea$on with the
Leqgve FJOtbqll Edu
Swit¢h The Play
Report of the Truslees
for the Ye#v Ended 31 Junuary 2025
'Htsvin9 somedre to listen non jUdgntlly olwoys d•4r p¢ints and summary of whot wos dis¢¢Jssed too. Hol(fing
gpate for whot I need and clbwing nte to go at o pace that's comfothble tor me. It's really M¢Oningfv < I f•1
9enuinely supp¢rted. I feel valued, cared for and respecPed."
11 leamt th¢tl .1 hov• th• skilkn. mindsèt and drive to beeome successful in my postr uthjete coreer. I know what wJccess
Jooks111te to me and have a dÈar•r dire¢tioA of where to go to athieve that wcc•s%'
FA PARA FOOTBALL PERFORMANCE AND WELLBEhNG GRANTS
In the first yeor of th¢ prggr¢rryn • iot
Swikh The Ploy Foundalion Report of the Trusl for Ihe Yr EThdqd 31 Junu#ry 2025 I'm gratelul far thi5 oPPortlty to get to moet other athlei•s In lar positi(WS WtEh shared pas¢$ ideas on how they wont to take th¢ next sttP5 in their coreer. The colloboration Wasserm¢n glvos great insight intro whot jobs are oY¢llobl• in the sports 1ndts$.. Psychologiettl Pqlhwoy IPCPI thè fir 6 Months of esFabli5hin9 the PCP, 9 benefitiyrfe$ 5ucces5fully cornplÈed their nded pYo9ramn)è of nslling with a futthr l a oJrrently in proces - All l>enefi¢iaries diagnoséd t4 be sufF¢rin9 wlth anty and/or depre55icn with speufic thtsllénges peopjg were fuang in¢lu(fing burnout, PB)on¢igl ccncerns, isdaticn 5PQrt, id¢ntity crists, ttletshol issues, rw diL7gncs of outism, e¢mpléx bullyin9. and family or relotioththip issue 6/9 IOOQ/DI hLwe reliably recovered. This significantly exceeds the NHS Talkin9 Therapies refiaLile rttovary benchmar Honestlyi thank yov so nth. I felt vèry wpported and 9oNinety héard ot a time of vuherabifty whKh <slhwed me to open up. Amid a mm4r of strass and ernotional overbad having somo¢ntr tc talk to . withouf agenda to fist8n Inyaluuble in hdping me regoin persp¢<llv¢ and ¥roLnded, ena61ing me to ke¢p movlng forw4rds was Monday w¢s my theropy session funded by STP. The therapy hos made a hug differe to me, I ve m¢d 5LNne tronrformati¢n<tl progress ift Ihe session The jovmey is ongoing ond I will be sloying with thercpist. an¢th#r di<ation tsf how benefi¢ial i h¢$ bten. I ve Never found o therapi that h¢$ wored in the past...h i¥ my hope t¢ poy this all forwtsrd day. EVOLVE AND THRWE fin coll•boiation wilh Dam• K•lly H•lmès Twsll The progrumrne formally laL in February 2025. 35 othletes fram 19 sports hcve recruitad onto prcgr¢mm8 ond the falhwing outlin•s whot they will hope to ¥oin from the progr<¥rmè. The program hopefvlly would help me +ooJs on 50rnething. I m itt o stth mind set on aiether to retire from repè¢td alon njury or have Ot lettst ¢e more 90 becguse my body is and l om slill more th•n ¢ap¢Jbte.._ it's jusF my h¢od. I ve been a funded <Jthlele moTinly a dual<areer athlete ord I'm n¢t wre vtho l am without sport. Ive got c lot of soft trar)deroble skills but no direaioTh.. I'm stuck on a gool, %vhith is t¢ 5ayfr I don hove one at the m(¥nent I dont know wh¢t I m doing. I've created a timied Cocthiw Canp•ny With my PJrtner ond I know there s potential to develop tho7t fvrther. I ve Willin9tte5S to learn and oft "rtth. ts eompete. I'm jtsstr stuck in the sqnso of whith direction to ga where. IRebekuh, Netbttlll I wodd IiTr• to h¢Yè conveTsatians thtyt help lead me to mokln9 the be31 deaslors po$5ible moving into the nexl Oase oé my life. Pleoring other5 and not fee4ing like the only person trying to find th•ir way p¢st eareer. Finding potential ¢pportLviities that I knew nothin9 ubovtr. Also making friends rneeting new people that all share o ¢0mmC theme ¢f prolessionol sport, but oll with V¢yrious rouies and careers depénding on the sport." ID•n, Tenni5 Player) A sense Qf corttinuÈty btheen my boxing s•lF and boxing self. Feeling ct on• wllh myself and my body tsrtd working CUF the right ttmovnt of training for me now. Hovityg a pkn for gdopting to tsfe post baxing in a way thor bc21ances wllbeing with <atd)ing up with the financial and career pr•gress1 rn¢55¢d wt ¢n.' (Ello, Boxerl LIFE SKILLS PROGRAMMES r knfeskills offering ¢olltinues to be c lundamental port of our offeringt working collaborotrion with The Pr¢mi¢r League. League Fo¢tbo11 Ed114 and Loughborough College. where we support their Departrn8nt in Sptsrhng Ex¢ellen¢e IDISEI athletes ill women's lootball. - 30 mo#¢10¥$e9 delivered ouèss ttjt portfolig 327 athletes in attendanc& - 4.76 lout of 51 overag• rotlng our masterdosse& Pcge 7
Swit¢h The Play Foundation
Reporl of th¢ fwste¢s
for the Year Ended 31 Januury 2025
The workthop seomlessly blended inghrful discu55icns, eryagkng cjcliwlits, pr¢ehrol exer¢i. creating a holisr
opprocth to personal and profesontsl d¢v¢l¢pment. One of the most remarkable aspecrs w¢$ witnesn9 the genuine
interathon from the ployer¥ os they delved into LderstandIng v¢lves ond explorin¥ the <ontept of role rnodelk Neil
Clork demoThJruted o commitrnertt t¢ creoting an environment that encourttgèd opén di
Swit¢h Th• Play Found4EI4 Report of the TwsF¢es for the Year Ended 31 January 2¢)25 FINANaAL REVIEW Prin¢¢pol fundÈno soutce5 Sour<¢s •f Inrome We •to intrÈdibly grotèful to ottr donor5 partners for h¢ir genertyjs wjport in 2024. Wrth¢ut them we 5xnply could not deliver our vitol w¢rk to gJpport gtN¢tes. Prlndpl• s¢tsrcÈs of fundraising me gver the period we¥tr. Fundraising events induding.. Being one of the d)tsrTly parlners at th¢ 8th Armval Legends Ball held In November 2024. with thar&s to the 9oneroJ5 SUPPOrt o Alan GrahonL - thortty beneia¢Jry of events delNered by M Restuurants / G¢v¢ho. - Chorty benefiLYQry of corporate hosptakty eveDts orgonised by WaSrn)¢ . Tnjsts and Foundotle¢F. Trusts and F¢undotion5 income r¢m01 o thallenge with the perception of o nice cause competin9 f¢r mos$iwely oversubscribino hm&, th thurity did have Yery significont gue¢ess with the grant rorn th jo$ FuNra FOundatic. Pafhership5z ¢)Jr corporat? portntship with Wessérrnan whtth included the tremendousty su¢¢•ssful experlence doy as well as the corporate hospitcfity event bénèli¢i¥ry a5 identified ob¢v. - Individvol GIV9= DeliVry of ¢ challge cycling event Lertd to Pari& The event w¢$ ¢ greot SLttéSS with T 2 ryclists br¢vin9 the nditiClS to fundroise ov•r £22.000 for the charfity lexcluding 5pon50rthipl. Tlwe 5ucce55es give greater conftdenc¢ In the fLthJrè dIreCh o the charfty's fimdroisirw Strategy. FuTrdraisin9 income wos svpplemerrted with eomed iTpcorne frorn sporting orgonisattorts ¢¢ntratting Switth the PILIY Foundotion to deliVOf specific services to support the Pers01 developffient of sportspeople. The 5cole ol these re5tiurces LTre finite given the inano¢1 pressures thot mony sporting bo&ies hoye therely faced and the hisrorit Its& of emphu%s on duty of care in sport lackntswled9Èd within govenNnent sport pofy in the UW. earned kycome Will alwo75 need to be $upplement•d by fundroising incorn¢ ts b¢ gble t¢ Èrtsure thdt SUPPOrt availabl¢ l¢r oll 5pe0P1e th need h. R¢serv¢s prJli¢y As part of devek)ping new 5 y8or 5tralegy updated r$$ pollq agreed by Ttustees irt Moy 2025= By the end of 2025126 Enor01 yeor Irevtsed yeer énd cf 31 July 2020 t¢ b i ploeè )- 2 months opeioling - Èy the end of Xi26127 (Jvly 2J = 3 months operatlng ¢gs Year$ 3-5 maintained at 3 m¢nths op¢f¢tin9 costs Irèetsgnising a growh in reol tenns due to increased ocr$ the life ¢f the plafLI Going <on<ern The fyvstees have a reasonoble expectrotion that the charity has adequute r¢sourc#5 to continue In op•r¢ti¢n41 existeneè going f•rwords. This includes taking into accoun ony ¢xi8tin9 li•bilities that the th<Jrity h05 Qryd the progress that hos mode In rèduthng its défiut duryng the 2024-25 finc)ool yegr and the plans olready confirmed heading into 2025. These plans were confTmi•d in July 2025 With the eonfirmatv)n of a sign¢flcamt 3 yèttr unrestricled grant from the Jo¢<)b$ FuDJro Foundotion tQ 5UPPOrt the delery ol the diarity's new 5 year stroÈ9y and business pla Printiplè Risks Our risk register tracks key orgarrisationol risks 15 re¥We regularly by tMsi•s. The prinipal risk laang the <knrity relt$ to finartes and ensur9 the chality is generoting ylfficient fundruising income ta cover its core c05t STRUCTURE, GOVERNANCE AND MANAGEMENT Governing documenf Thè thcThty p5 corrtrolled by its 9overninu d¢xvmerrt, a CQn5tffjL¢ion. and constiluFe5 a tharitable ¥Korporated organ15afl¢XL Pu9e g
Switch Th& Pluy F•vnd4Non Rport ol the Tntslo9S forthe Y•ur Ehd¢d 31 Januury 2025 STRUCTURE, GOVFRNANCE AND MANAGEMENT Réuvtthi•rt ippointrnent of n•w tNsle95 Apart from the Pif5t tharity trustÈÈs who were aPrred for un illTHol On?-yPOT peri¢d. every tre is appointred for trni of three Yr5 by a resolufiort pa55ed propedy convened of tlE &Jrlty m151 In 5elechng individuals for tsppoirrtment os tharity trustèeg, the thon7y wndertakes (7 ri4•ruys pr•ce t¢ 5denlify skllls. knowledge and ¢xpeNence needed lor the effeEhve admrtiistration of lh¢ Cto. F¢llvwiro an eXteat T¥rullmw PiXèSS Ihree new trv5Eees were apptithd in Odober 2024. - Beft Hawes MBE - Mary Few - Martin 8ould. RÉFERENCE AND ADMINISTRATtVE DEfAILS Register Charity number 1187733 Prin¢ip41 qddNss 74 Heoton Rood St¢&poty Chesknrty SK4 4JH Trustees Ms E P Mason C F Donolds Mr C Bikndley MBE Mr S C Mitthell Mrs S Frawis Ir•stgned 29.1241 Mrs S Knlgltt Ms A Edwurd5 Iresigned 29.2.241 Ms M Fèw Icpposnt¢d 3.1 Oa41 Mr B Hawes M8E luppoTnted 1.10241 Mr M J Beuld lopp<xrtted l.l Q.241 Indpgnd•rti Exomin Melissa bowers Hart5 Limited Weshllinsier Flovse TO Wes[st¢r Road m¥eSPId Ch¢shirÈ SK1076X Approved by order ¢f the bcard of irusr ond Signed on Etg bhtsff by= /ta IAr C F D¢fyoklson- Trustee Page 10
Indendent Exfjminei's Rèport lo tho TrLtstees al Swit¢h The Play Found10 Independenl examinerf$ reportto th• Iruste88 ol Swit¢h Plqy Pounda144n I r¢p¢rt to the tharity truslees on my exomination ¢f th• ttttOLnts of Sw¥kh Th¢ Play Fevndatian (the Trul for the y•or ended 31 January 2025. Re$ponsibililies tind busis of r¢port As the thurty tnjstees of the Trnsr you ore r¢sp¢nsible for the preparation of thè accounls in occOrdon with reovirements of the th¢rities Ad 201 l I'the Att'l I report in r¥p¢rt of my èxarnin¢)tion OF the Trust% attounts ccril¢d under Sechon 145 of th¢ Acl ond In Carrying (Xrt my examination I hov2 followed all QPptal)le Direclions given by the ¢Jority comm1W Settion 14515llbl of the Ad. lttdependent exJMlnét'S Stateme1 Since your charlty's gross inctxxe 0x¢édéd £250.000 your examiner mu be a mèmber of o listed body. I can 1[ Ihut l am qualifd to Lmdertake the •xomii)ahon b•¢uusé l om a member of th¢ Institule of Chartered Accountants in glond and wa$, whith one of the Itsted bodies. I have ¢ompleted my exominaon. I confirm th%lt no mokrial multers hove corne to my in conr11• wjth the examinthion giving me to believ¢ tlwr in materiol r¥pe¢t= oecounting rOrdS werè not kept R) re5pert of the Tntst as réquired by Seth¢n 130 of the Art- OF th O¢COLnts do o¢¢ord Mth thos¢ record$. or the occtsunts do r)t comply with the applpcoble rwuirements eoneeming the f¢Yrh and Conte tsf attourtts set in the thorities (Accoun artd Rtrportsl Regulthion5 2008 other thcm any r¢quirement that the a¢¢ovnts give a true al foir Vitsw which 15 not o m¢tter consid¢red os pttrt of an ind¢pendènt exomM¢li¢n. I hovÈ no torKerns ond huvè tome (Kross no olher rnatters in connertion with th& exomination t¢ whid) attenti¢n shwld bè drawn in this report in order tro ntsble a pr•peT understanding af the QCCOLnts to b¢ re4thed. Mefisso Bowèrs The Institutre of Chartered Attounlonts n England WaJe5 Hurt5 LÈmited westhi1Ier House l O WeStrnirtrer Rood MacclesfiÈld Chethire SKIO IBX Dot. - PageJl
Swh(h The Play F•uThdoli•n StuteMÈt)l •1 F5nJnEial Adivili¢s for th• Year Ended 31 January 2025 31.1.25 Total fvnds 31.1.24 Total funds Unre5thcfed fund Rpsmcted fund Notes INCOME AND ENDOWMENTS FROM Other tradin9 achvities hvestmenl income 479,321 571 226596 705.917 277,434 479R92 226A90 706388 277,434 EXPENDITURE ON Charitable adiviti¢s Co of delivery of serViS Wagès Adverti%1ry9 Offi¢¢ costs Insurance Travel BLTth d)arge5 Lal and Profes004 349,286 133,980 536 7.255 1.386 1.306 2.209 3,300 89,908 83318 4.113 3A63 439,194 217,398 4.649 10,818 1,380 4,536 2,209 3.300 73,650 184.030 80 3,322 917 2,334 792 2,160 3230 l 153 1753 1.853 Tolal 501,011 184232 085,243 269,144 NEf INCOME/IEXPENDifuREI 42.364 117.9161 21.245 8,290 Tmnsfers between funds T7,916 Nel movement in funds 13,2031 24848 21.245 8,290 RECONCIUATION OF FUND5 Totul fvnd$ brought fo0*d 11395981 1139A981 1147,8881 TOTAL FUNDS CARRIED FORWARD 1142AOII 24.448 1118,3531 I139?8> Th¢ rKgtres f¢rrtt poll ef tlwe finttncial statements Page 12
Swlkh Tho Pl4y hundati•n Bolqn¢o She•t 31 JqnuAry 2025 31.1.25 31.1.24 To1 Lknreslricled hJnd Re5trrKFed ftmd T4>ttsl fLmds CURRENT ASSETS Debiots Ctt5h at btyk 22.031 22,031 24,448 19,002 14,046 24,448 21037 24A48 40A79 33.048 CREDITOR5 AmJmJ5 fallthg du• within One year 1132A411 1132,8411 16ShOOI NEY CURRENT ASSETSIILiABILITIE$I 24,449 186.3021 132A521 TOTAL ASSETS LESS CURRENT UABIUTIES 1110,8101 24,448 186,3621 132J521 CRUMTORS Amounts folling due after rn¢r• thon one yeor 131.9911 131,9911 11072401 NET ASsETSIIUAlrnE$l IIA2,8011 24,448 1118,3531 1139A981 FUNOS Unre5trKted knds Re5Pri¢¢d 1142WI1 24348 1139A981 TOTAL FUNDS 1118,3531 11393981 The fffwo(sl statements weyry upproved by tho 5oard of frvsts¢s authort5ed hr hsue cmd Wefe signed on its b•htylf by-. 2•xr Mr C F DwdCh- Trustee The notes forni part of the3e knncTal sht•n)ents Pu98 13
Swifrh Th Pl4y Fouhdqtion sh Fl•w Stalement for the Ye4r Ended 31 2025 31.T.25 31.1.24 Notès Cosh fl)W8 Irorn operatiny ¥<hvtlies Cash 9¢nerated from op•rorio lnteresl paid 80,839 11,7531 1647311 11,8531 Nèt cath pro by/lused in) operating aetivities 85,086 106A841 C•sh Il•ws from Ènvesing ¢Edivilies Intere# r1ved 571 N•t promded by InYesii¢g edivilies Cush fl¢W$ from financing 4¢tivili8s Nw loans in yèor Loan repayments in year 84,433 110,8871 175.2551 Net cath (Ld In1/prod by linanang adimties 175,2551 73546 Change in <a$h und <ash equivalents in the reporting petiod Co5h and wsh eqvrvrjlents ot the beginning of th¢ rep•rtin9 period 10.402 6,902 14.046 7,084 Cash ¢tt$h equivalents al th¢ nd ef the pOrting period 24,448 34,046 The note5 for part Qf rtEs¢ fiDonciol stotemefvts Page 14
Swikh The Play Found10Th N4>tes to the Cash Flow Shkmèht for th Year Ended 31 JaThvory 2025 RE¢ONaLIATION OF NET NCOME TO NET CASH FLOW FROM OPERATING AcfiviTIES 31.1.25 31.1.24 income for the repovling peri4xI lfj$ per Ihe $14lemenl of Fin4#Eial Adivitresl Adjuslmenls fo trestr recved Interest paid lfttreasé in debtors Increase/ldw80*1 * ereditor5 21.245 8,290 15711 IZ53 13,0291 67,A41 1,853 (7,12TI 1677531 Net ¢48h provided byllused inl •peMtions 86,839 1647311 ANALYSIS OF CHANGES IN NET DEBT At 1.2.24 Cash flow At31.1.25 Not ¢4sh CfJth bard( 14,040 TOA02 24,448 14,046 10,402 24A48 Debt Debts folling dut within l year Debts folling duè after l year 1117601 11072461 75,255 131,9911 1119,0061 75,255 1437511 Total 1104.9601 85,657 119,3031 The notes form part of these T£1a4 aterneAts Page 15
Swikh Thé Play FOundJan Nalés to fh• Finqn¢ial Slalements forlhe Year Ettded 31 January 2025 ACCOUNTING POLICIES A¥$is of pvopqving the finan¢ial thrtem¢n15 financial statemts of the dlarity. wlwth is fJ publK benèftt entTty undèr FRS 102. hove been prepared i oceordane with the Charities SORP IFRS 1021 'Accounling and keporting by Charies= Stutement of Recommended Prartice opplKuble to tharittes prÈparing thr occounts in oecOrdan with the n01)CIal Reporting Stondfjrd applieable in the UK ond RepublK of Ir•lond IFRS 1021 leffedive l Jonuary 20191., FTnoncial Reportkng Standord 102 Yhe Financiul Reporting Standord applI¢¥b in Ihe UK and Rpublic of Irelond. and the Chariti5 Act 201 l. The finontsal sFoPsments hqve béen prepared under the hiO0ri£ttl cost convention. All incom¢ 1$ reeognis¢d in the Sttstrernent ol Pinorrial Activities ¢n¢e the chority has entiement to the funds, il is pro6aL)le that the inc¢mè will be received and the amovnt can be metssured refiably. EwndÉlure Li&bilities are recognid tts expendilure fSS soon os therè is o legal or eonstnKPTve obligatiOF) cornmithng the charity to that expendilure. it ts probable th(rt a tTansfer of ec¢n¢mie benePJts will be required in settlement and thè arrLt of the obligation can be ITheared reliably. Expendilure is accoynred for on on occruals bthis and h¢TS be dassifted under headings thot oggregote all cost relthed to the category. Wh¢r¢ Costs camot be diredy atlribvted t¢ Partlar hodings they have been allocated tc a¢riYies on a basis ¢onststent wlth tr use of resources. Tox#lion The charity is exempt trom tax on its tharitablg acffwtie Fund q<<•u#tFng Unreslrided funds ctsrt be us¢d In accordan with the tharitable objechves ot the dlsu•ti af the tru5Fees. Re#ricPed Ivnd5 can only be used for particular redri¢red purpow wrthin the ¢bjectrs of the thority. Re5Pridl¢n$ orise when sp¢Gifi•d by the Or or when funds tsre raised for parti1¢r rèstricted PUryJ¢XS. hjrther expl0nah of the ngt¥re o#d purpose ef ea(h fLnd is lded in th& nofes lo the fityoncial stotementk Ponsion ¢051s and oihor post4eliremèni ben&fh5 The tharity oporates a defined contributi¢n pertsion stheme. C<)niriTrxtyions paycble to the thorfty'$ pension schomt are charged to Ihe Straiernent of Pinclnciol Athvtries in thè perlod io whith they relate. OTHER TRADING AcfMTIES 31.1.25 31.1.24 Athlete serri¢e5 Fundraising 365.843 340,074 22,999 244.435 705,917 277A34 Page16 continued...
Swlkh The Play F+>undolion
Noto$ Ip the Firkanctal St4lements- ¢onllnu•d
for the Ye#1 Ended 31 Janu¢Jry 2025
INVESTMENT INCOME
31.1.25
31.1.14
Deposit interest
CHARITABLE ACTIVITIES COSTS
&Jpport
5t5 (sée
hote 51
Dirert
of delivery of servi
Wo9es
Advethsin9
OFFice ¢os
knsurance
Trovel
Bank tharges
L•9al and Profes00[
439.194
27798
4h49
10338
1286
436
93
439,194
217,398
4,649
10,818
1,386
AS30
2,209
3,300
80
2,116
3,300
6TJ,994
5.496
683A90
SUPPORT cosrs
Govemonce
Financè
Totals
Office co$
8ank
Swikh The Play Foundqhon N•S lo ihtr Finqn¢ial 5141ements- cgnlinued for the Y•oT Ended 31 Janvary 2tr25 srAFF COSTS_ <onlihved The rthnber ol employeé5 whose etnployee berjefrls lexdudkng employef penon exceeded £60.000 was: 31.1.25 31.1.24 £70X)aT - £80,000 2024 COMPARATIVE5 FOR THE STATEMENf OF FfNANaAL ACTMnES Unrestricled flmd Restrid$d lund funds INCOME AND ENDOWMENTS FROM Othèr trading activities 277834 277,434 EXPENDITURE ON Ch¢triloble acPivkliès defivery <>1 Se5 Wages Advethsing Ow1 cosls In$ur4nce Travel Bank thorges Legal ond profssiori¢l 73,656 184,030 80 3,322 917 224 792 2,160 73,656 184.030 80 3222 917 2A34 792 2.160 Other 1,853 1,853 209,144 269,144 NET INCOME 8,290 8290 RECONauATION OF FUNDS Total lunds brought forwtsrd 1147,8881 1147A881 TOTAL FUNDS CARRIÈD FORWARD 1139,5981 1139A981 DEBfoR& AMOUNT5 FALUNG DUE WITHIN ONE YEAR 31.1.25 31.T.24 Tradè debt¢rs VAT 17.130 4,901 15,29 3,610 22.031 19.1)Q2 Pago 18 ccntinued._
Swhth The Play Found•tin Noles l• the Financial 514tements- continued lar Ihè Year Ended 31 Jqnu4ry 202S i(L CREDITORS: AMOUNTS FALLING OUE WITHIN ONE YEAR 31.1.2S 31.1.24 ank loon$ and overdrufts (see noe 121 Trode uedit¢r5 Toxation and soxiol security her cr¢dilor$ Tl.760 16,255 32,400 72,426 11760 16.006 11.692 25,942 132,841 45.400 CREDITORS: AMOUNTS FALLING DUE AFTER MORE ThAN ONE YEAR 31.1.25 31.1.24 Bonk loans {e Th)te 121 her creditors 12,770 19,221 22,813 84,433 31,991 107,240 LOANS •nalysis o* th¢ maturity of R5 given belo. 31.1.25 31.1.24 Arnts faifithg due within one year On <lemand: BaA( k¢ns 11.760 11,760 Amounts falling behveen one and year&. Bank loans- 1-2 years 11.760 lJ,760 Am¢unts falling due behveen Iw¢ ond five Y- Bank locr - 2-5 years Other loan5- 2_S yetsts Trustee l¢ons I,oio 11,053 60.000 24.433 19.221 20,231 95,d86 hduded in other treditor5 is o loan Irom Mr R Y¢ung amounting to £3,00212024 £9.6621. 13. MOVEMENT IN FUNDS TratheTS betwe¢ ds movementr in lund$ At 31.1.25 At T.2.24 Uwwe5trid•d funds General knd 1139.5981 17,916 IT4?07 I Reslrided fvnds Rerided fund 42,364 117.9161 24,448 TOTAL FUNDS 1139,5981 21,245 1118.3531 Pttgè 19 tsnltnued_.
Swikh The Play Fo¥ndalÉon Not$ to the Finttn<i¢l staternts- mIléd tor the Ye4r Ended 31 Jqnuory 2025 MOVEMENT IN FUNDS- Net movement in lunds, i1Kded In th• ob¢Ye are as loll¢ Incom1rt9 resour¢es Res¢wres expendd Movernent in funds Unrtslri<red fvnds General 479.892 1501.0111 Reslti¢tred funds Restrirted fund 226J96 1184.2321 42264 TOTAL FUNDS 700,488 1685,2431 21,245 C•mpdt4tÉves far movement in lund$ Net movement In funds At 31.1.24 A 1.2.23 UnrÈ51Tided funds General fund 1147,8881 8,290 11395981 TOTAL FUNDS 1147,8881 8,290 I13998) Cwp•r¢fiva net movemen in knd4 in thtr above are as folbws: Incoming resourt•$ R6sources expended Movement in funds UThrestriC fvnds General fund 277334 1269,1441 8,290 TOTAL FUNDS 2T7,434 1209.1 AAI 8290 A oJrrent year 12 months ond prlor year 12 months wmbined positi¢n 1$ w follo. Net Tronsfers behveen fvJnds At 31.1.25 At 1.2.23 Unreslri¢led fvnds Gtnerol fund 1147,8881 112,8291 17,910 1142.8011 Restri¢1 fvnds Restritted 42,364 117.9161 24A48 TOTAL FUNDS 1147.8881 29A35 11182531 Pag¢ 20 c¢ntinued._
Swil¢h The Play F•uttddi•n Nat•$ t• the Financial St4tements- t[nUed for ihe Y1 Endd 31 JanIry 2025 T3. MOVEMENT IN FUNDS- c¢nllnu•d A oJrrent ye(7r 12 month5 and prior yeor 12 morrfhs wmbinéd net movernentr in fund5, Induded in the obove oye os followL Incoming ree1 Re50urc¢s expended Movemtrrt in funds Unrestrictsd funds Ger01 fund 757,316 1770,1551 112.8291 R•slrided lunds kstritted fvnd 226A96 1184.2321 42,264 TOTAL FUNDS 982.922 1954,3871 29,535 There wtss a shortf¢ll in the r¢strtthed funds of £17.910 ot 31 January 2025 os thé r¥ult of 4 14an th(Tt wa5 xpeaedly being colled in ectrly temp¢rorily repaid to Ominia 5p0rf5 Group out of restrid•d fd$. Thls h05 been present¢d as o transfer between restrrftted and ynreslricted within the financiol dotemen These lund5 were repoid ond were made available lor restritttd pJrp05e5 On 4 FebrLJOry 2025 ewvring thot resirided knds rèmained fvlly protecled tsnd availt)ble ÈXdvYey for their Intded u. As S a trcnF*r back inio Y&stricled fund5 will be presented in nekn years firtoncial statemenr> 14. RELATED PARTY DISCLOSURES Mr Craig Donaldson was owed £3.221 ot 31.1.2513T.1.24 £8A331. Mr ¢Thris 8rindley was owed £1 6.OOLI ut 31.1.25131.01.24 £15,900). Po98 21
Swbkh The Play FouThd¢rti• Detail Stulement Of Finan¢ial Adivilies for Fhe Yeqr Ended 3T J¢Jnuary 2025 31.1.25 37.1.24 INCOME AND ENDOWMENTS Other tvuding adivilies Athlete servi¢es Fyndrai$ing 365.843 340.074 32,999 244835 705.917 277,434 Invasknent in¢ome Dèpasit acwuni intérest 571 Tolal inGoming 50ViceS 700A88 277334 EXPENDrruRE Charli abl¢ adivities Wages Soool 5ecurlty PernS Cott of delivery of 5¢KVi Insurance OfPiTr costs Advertin9 Travel and svb&5te 198275 1585 3.538 440h42 I80 ,383 4.049 4A36 108,329 12.469 3,232 73A)56 917 3,322 80 2A34 677,994 26d,339 Ttsxgtion Inierestr 1753 Support ¢•$ts Finance Bank tharges 2,110 2.045 GovelrvJn c•sts Accowiancy ond leg01 fees 3280 2.160 Total r¢soUrt*$ expended 085343 269.744 21245 8,290 Thk p•9è does not form part ¢f the stabrtory tinfjnciol stalements Poge 22