Ch&ity registrationnumber.. 1189045
Collwiy rtgisttmtion nvmb¢r. CE021533 ,
The Richard Porter Family Foundation
(A compally limited by 8Urntee)
Annual R¢portandFinan¢iai Stst¢m¢nts
for the Yeor ETknleA 31 D¢cembw 2024
SKS Ivesilake ClarkAudii
7 Lynwood Lourt
Priestl?￿$ Place
Lymillgton
14&mpshi
S0419GA

The Rlehard Porter Family Foundatlon
Contents
Refertn¢eandAdministtlltive Dtlai
TTUStecs' Report
Sialement of Truste¢8' RW91￿￿11￿r
Indep¢Dd¢ntExmiinets'Repcfft
Stdtement ofFiDBneial Aclivitie8
Bftlftnce Sheet
Not&% 10 the Fir￿}¢181 Ststemetlts
71012

The IUch4rd Porter F4mi]y Foundadon
Reference And Admintstradv¢ Detajls
ChAlrmo
RMPort
Truyt
D M Ralph
RMP(rt
Prlnclpil Offl¢¢
Siour8aie. 4 Siour Road
ChrisichuTch
t)0￿1
BH23 IPS
Re8htered Offlce
SwuTgal¢, 4 Siour RoAd
Christchurth
BH23 1 PS
CompAny Reglstrntlon P4wmber
CE021533
Ch4rlly Reglsirnllon Number
1189MS
Indeptnflent Ei4llbln¢r
Mosan￿ell Ch¢lvaThaiBUill FCCA
SKS Westlake Clark Audii
7 Lyttwood Court
PritsUaiid$ Pla¢¢
LyJuiJ)8ton
NaM￿bIr¢
S041 S¥JA
Page I

The RlchArd Porter Fall￿Y Foundatlon
Trnytees, Report
The trnsttts pr¢¥ent the rEPOrt fill￿clai StateM￿ts of the charity for the year ¢nded 31 D¢c4mber
2024.
Tho fjnancial $tAtement$ have beett prepfjreAJ in aw?rd8nLX wxth the A¢countin8 policies 8¢t out in not¢ I to tbe
Lccounts and comply with the ¢hArity's constitutsoJ4 the Charitie5 Act 2011 and Accountirtg and Reportill8 by
Charites.. StBtement of Recommended Practice appii¢able to thoritiss prepsring their accnuttts in accordance with
the Fina￿1￿1 Reponing Standdjd applicable in the UK oud Republic of Ireland (FRS 102) (effective l Jenuary
2019).
Objectlyu and 4¢tMtles
PMbtiL bL'iJefu
The tru&tee8 confimi that they have complied with the re4lliremtDts of sectioo 17 of the ClJaTiue5 Act 2011 to have
due T¢BJrd to the public benefit guidance published by th¢ Chariry Commis6ion forEn8l￿d and Walej.
FlnAnclJ1lD8trnme￿ts
Objeerfves andpolleles
The charity's aetiviiies expo￿ itto4 numberof fit)8llcial Tisks i1￿]n8 credit riBL osh tlow riBk aud liquidity risk.
The u&e of finsucial derivatives is governed by the charity'5 poIi¢i¢5 Dpproved by the board of twstees, which
ptoYid¥ wrilten priDciple8 on th¢ use of fin4n¢ial derivative8 to mADa8e the4e risks. Tha ¢barity doe¥ nol us¢
deriyo¢ive financial instrLMneThrs for speculative purNJS¢S.
R8semi¢sPull¢y
Th¥ ¢liaL'Lry rrquiru to hold ai le*st £5.CM)J it) rcxryes to eoverthe operational costs of the bu8ine$8 for ac least a 6-
Inonth p¢r1(￿. Tlie dJ4rity rese1V￿ Can only be spent when thc Trust￿ ilc4r are suitabl¢ itt¢ome str¢llms
fore¢&$t to cover and replace the￿ reseTVeY. This policy is Teviewkxl on aa At)nual basis.
Rel#ted partlei
Durtng the year thett were no r¢laled party transa¢iion%
DlJcl0$￿re ofinfornhfjtlon to the examh￿r
truste¢ h95 Steps that they oughi tts have tskeD as a In￿1¢¢ itt order lo mjke them%lve8 awRre of WJY
r¢levHnt infonllalion and to ¢stsbli5h that the Independent examlD¢f is &wire of that infornlat1o￿ The tNstecs
nfinn that Ibere is no ￿levant tDformLion that they know of and of whicb they kmw the exarnineT is unaware.
The Bnnuai ￿pOrtW&S approv¢d by the trustee8 of the clwity (fA...........
. lld Sign￿ otsits behalf ty.
R f¥1 Port
CliulrmAn trultee
Pa8e 2

The Richard Porter Famlly Foundation
stste]nent of Thistees, Responslbllldes
The cbwity trustees ate responsible for preparing the tnth. report and thefiMa￿1￿l stat¢ments in &c¢ordanc6 with
Ibe United Kingdom Ac¢oEmtlDg StaDdards (Unikd KTrti8dorn Geller411y Accwted AccDUttting Praeti¢e)
appti¢abl¢ law and regu]aiioL
Tbe l&w 4pplicabl¢ to cl)ariti¢8 tn Englond 8ry1 Walos r¢qui¥ts the tru#tt8 W prepare tlnattcial statements for each
fiuancial year. Thr tsIL8tees must not approve the fi]]allci&l 8t8tements unlesy they are Satisfi￿ thfit ihoy give a true
4tJd fairview ofthe81al¢ ofdffair5 of the ch&rityHudof itsillEt>mingTesouw alld application of resour¢e4 including
ts income aud expenditure. for pericd.
In prepArÈn¥ the8¢ fu)ancial ststem¢nty the InJste¢s are required to:
sel¢¢tBuithble accountlng polici&84tsd apply ihem consisknlly*
obserY# th¢ method5 And prin¢ipl¢s in the Chorilies SORF:
make jiidgemtnts and eStiM￿eS th)t ieasonabl¢ and pnth¢
state whether applicable UK A￿OUntIng StsndaTth have beeo followed subirft to any nkileiial depaTtures
disclosed and explained in the financial stat¢ments', and
prepare thtr fina￿la1 statements on the 8oAng ￿nCern 1>4sis unle8A 1¢ is inappropri&ts to p￿sume tho¢ the
chgritable Company will continue in busine08.
The tn15¢e¢s are resp0119ibl¢ for keepin8 od¢qu8te atrounting wordB that Rre sufficient to 8how and explain the
charity's transactions and dis¢l08e wSth relsonable occurary &t any tlm¢ the Iln8nci&l position of the eh8rity ond
enable them to ensure th4t the finan¢i413141emenL8 eornpty with the Charitic5 Aci 2011, th¢ Chariry {A￿OUnts and
R¢porisl Re¥ii14Ltk)ns 2c￿8 and the provisions of the e1)arit￿5 Constitution. Th¢y 4Te also Irsponsible for
s&fLbTlllU'ding the assets of the charity Rnd heo¢e for rakin8 reasonabl¢ sw forth¢ prevention and detection of fraud
And tsth¢r irreBulariiie&
The ¢N8t¢¢8 or# re5p)n*bl¢ fur the m8inlenance al￿ inte8riry of the clwity gnd the finAn¢ial infOrn￿tIOn included
on the charitys w¢bsil¢ in accordJn¢¢ with lesis]a¢ion in th¢ Unit•J Ki￿d0M gov¢nung the prepur4tioll and
di88¢miiiaiion of financial st&tem¢nts.
Approved by tbe trnstees of the charlty on.
2.91.05}.2025..
and si8wI oll its behalf by:
R M Porl¢r
Chalrmall Aud trustee
Page 3

The Richard Porter Famlty Foundation
Independent Exanthier's Report
to the Members of The Riehard Porter Famlly FoundatioD
I reportto thetrustees OTJ my oxaminthoo of the finott¢ial Btstements ofThe Richard P4)rtrr Fomily FowidfttiOD (CIO)
for the Ye￿ ¢Dded 31 2024.
R￿ponsIbIlItIeS ond buls of reptsrt
As th¢ charity's twsieeg, you 8r¢ rtspoMibl¢ for the prtyArntion of the finau¢i81 statements it) 3ccordoncc with the
requirements of the Charitles Aci 2011 nhe 2011 Acn.
5r¢port inrespe¢tofmyex8minauon of the charity'8 fiDanrial statrm¢ntscarriedoutundersection145 oftheChwitie8
A¢t 2011 (the 2011 Aci). In carrying out my examinatioD I Ihaye follow¢d all tho opplicable Dimiions giveu by the
Charity Conllni8sion under $￿tion 14515)(b) of the 201 l Act.
Indoptndent tx#mlner's Statement
I bave coinpltied n)y ￿&mtAatioll. l eonfimi thwt no matter5 huve LX)me to my attthti¢)n in connection with the
examination giving me Cause to b¢liev¢ that in any material respecL
l. ￿cOUntIng record5 wer¢ not k¢pi in rest*rt of the charity Is requited by ￿mon 130 of th¢ 2011 Act; or
2. the financial wtements th) not a￿ord with thos¢ re￿ds. or
3. the finarte1￿ S￿l¢M¢llts do noi cnmply wlth the oppLicable requirern¢nts concernin8 the fomi aiid cont¢nt of
accounts sst out in the Chirities {Accounts and Reports) Re8u]¥tiony 2008 other than any requiren)ent that the
aecounts give a tsue and fatr view whi¢h is not a D￿tIrr eonsider¢d as part of an indet*ndent ¢xaminatioTL
I have no concerng and Ft&Ye Come ocrosB DO other mattern in ¢Onn￿lIOn with ihe examin4tiort ￿ which attentsoft
sliould bt drawn in this report ID order kn en•ble a Properunde￿t￿8 of the financial stst¢ments to be reach￿.
Mo8an
'8w]I'FCCA
SKS Wesilake Clark Audit
Chartered Ac¢outttNnts
7 Lynwoodcourt
Pritsstlartds P19¢e
Lyn)ington
H8mpshir¢
S0419GA
Date..
2025
Page4

The Riehard Porter Family Foundation
Stlltsment of Flnancial Actlvitles for the Year Ended 31 December 2024
(Including Income And Expenditure Aeeount and Stslement of Total Reeognised Gains
And L￿SSeS}
Note
Unrtstrleted
Tot
21124
JDcottte endowm¢nt* from:
Donatio￿8 ￿ legacies
InNegtment incon
1,953
28,076
1,953
28.076
Total ineomo
EXpetsd1t￿re on:
Ch8ritAble actiiqties
Other expeThAiiure
Tr)tal ex￿￿￿1￿]re
Nel incom¢llexF¢nditure)
N¢t rnoy¢ments in r￿d9
{15Jll)
{15,311)
1SJll
14,718
14,718
ReconelllAtlon offunth
Total fuTK15 brou8ht forw8Td
Totsl futtd4 evried forw?
1 198 282
1198 282
I3￿ 1213000
16
Unrestrleted
fund5
Totnl
2023
Income #nd endowmtnts from:
Donutions aThJ legacies
Imrstsllent income
587
25231
587
25.231
Tol81 income
Expenditllre on".
Charitable aeiimtiea
Other el￿￿ltUre
Totsl expe￿Ilture
Net income
(26￿79)
47
{26,579)
47
714
714
Net moNrments infim
(714)
{714)
RecoRclllAtlon of fondg
Total funds brought ftsrwwd
Tot￿ fiTllds carried forThurd
1,198 996
1 198,282
1 198,996
1,198,282
16
All of the chHrity'$ 4ctivities d￿1¥¢ fromiontiTmiD8 operatiotss dllringthe obove two periods. Tha fimd8 br¢Èkdown
for 2024 is slK*Wll in note 16.
The noteÉ onp88es 7 to 12 fomi an integr81 partof th¢6e fittancial stslett￿nts.
Page 5

The Richard Porter F#mlly FowidAtion
Balance Sheet os at 31 December 2024
Ilote
2024
2023
Flxed 45Jets
Ill￿stments
13
659.907
659,907
Current assets
h ot 2nd inbar
14
554 J23
1,230
539515
1,140
S38 375
Credltor$'. Amoullts f8lllng dut wlthlo one ye
Net curreDt &19ets
15
553 093
Net Q33etJ
12l3000
1198 282
Fiinds fjftlie chwlty.
Unre5trl¢ted Income
Unrestrict¢d fi￿￿&
1213,000
13,000
1 198282
Thtal hw(b
16
1198 282
The finÈncl81 statemettts on paBeJ 5 10 12 were 4JPtovedby the tswtee8, Ind authori8ed ftir iw on
and 9igned on Iheir bDholf by:
oJ/è
RfvIPo
ter
Chalrmol Ind trustee
Th¢ uotes on py 7 tt) 12 forni ao iniegral Ffflrtof th￿e fits￿¢181 sthtemeryt&
Page 6

The Richard Porter F2mlly Foundatlon
Notes to the FIll￿ClaI Ststements for the Ye8r Ended 31 December 2024
I Chthrlty ststus
Legal 6t8t￿$ of the ch&rity
Tbe orBani8ation 1$ 8 ¢haTitsble incorwjrdted Organis￿l0n (CtO} r¢8iStuedw acharity With the CharltyConuiii8SlOll
ou 14 April 2020 (Charity no. 1189045). FAch of the tnLYt¢es 18 liabk to contTibuts au aTnount Mot exceeding £Nil
tow&rds the assets of the charity in the eY¢nt of liquidatioEL
The address of its T¢8i*¢red offi¢¢ k:
Siourgaie. 4 Siour Road
Chriqlchurch
Doys¢t
BH23 1 PS
l A¢¢ou•tJng pollcJ¢s
Summory of slgnlfleant accountlng polkks key utltD•t
The principal accounting poli¢ies llpplied in the preparatiort of these finanLial st**m*3llts are set out below. The4¢
policle8 Iwve been consisteDtly w>lied to oll theye4rs prrsented. ullle15 otherwise st4k
StJt•ment ofcompllnnee
The financial $18tenients have beeD ID a¢¢orda￿e with Acmtins and R¢porting by Ctwities..
Statement of Re¢onimentsJ Praetice applicable to ¢h2ritie5 preparing their ￿￿OUnts in auoithnce with tbe
Fill￿¢]01 Reporting Standard applicabl¢ in the UK &lld Republic ofireland (FLS 102} (effective l January 2019)-
(cl￿rItI0S SOBJ) (FRS 102) Revised). theFinanet81 RepoTtin¥ St8nd8rdapplieAble in the UK a]id Kepublic of Ireland
IFRS 102). They a130 comply with the Charitiu Aci 2011.
The clwity h4s taken adv8nta8e of the WViSiOTW in th¢ SORP foT ¢hJritie4 not ty prepare 4 Stat¢m¥nt of Cosb
Flows.
B*$l$ of pr¢pAratlon
The Richard Port¢T FKmily Foundation is a charit&bl¢ incorporated organization (CIO) registered wtli Ch￿IlY
ComTDis$ion. The ad(Iresy of it8 Te8lSteted office is 8iv¢n in th¢ ch8ritv inftsrination on pa8c l of these finwicial
8taiem¢n13. The nature of the Charity's opera¢ions aTbd princrpal activitie5 given on pag¢ 2.
Tho Clwity meets th¢ defitLitioD of & publi¢ benefit entity under FRS 102. As8ei8 at)d liabilitie6 Are initially
rKognised At histori￿1 cost or tran58¢tion valuB unlc4s otherwise $tst*l in th¢ relevant 8ecountAn8 policy note8.
Th¢ financial 8ts¢¢m¢nts conlain itifornjbtion obout Th¢ Richard PorterFamily FoundAtion as individual charity
only.
Th¢ fulancial statwnrnts are pruented in prffjnd st¢rlin& wbi¢h 15 the fiubctl0n￿ UJTreocy of th¢ Chwity and
rounded to the neaRst £1.
Golng coneorn
The triislee5 consider that there Rre no n￿terIal uncertttintics al)out th¢ charitls ability to colltinue a5 u going
eottcem noi ony significant areas of illjcerlainty th&r affe¢¢ the carrying value of 85set8 held by th¢ chority.
Page 7

The Rlchard Porter F2mlly Foundatlon
Notes to the FinAndg1 Statements for the Year Ended 31 December 202A
Incom¢ and endovm¢Dts
All income is Tecognised once the eharity has rntitlmnent to the Incom¢ it 1$ probthk that th¢ income will be
received and th¢ UmOUD¢ of tl* in¢ome r¢¢eivabl¢ ¢an be Meas￿ rnliably.
Dongtlons 4Dd legn¢
Donatioii8 are r¢costuscd when the elMTiiy h&% been n￿lf1￿ in writing of bjtb the attwunt and 5ettlemMt d&te. In
Ihe ¢vent that &donaiion is subject to conditions thatrequirea level ofperfonllaThce by the ¢haTity before the ohllrily
18 eniitled to the funds, th¢ inconw 18 d¢f¢rred and not recogDised until either those co1idiii￿1S Are ￿llY met, or the
lfilment of thos¢ conditions is wholly within thr Control ofthe charity and il is probable tliat these conditions will
be thlfilled its the reporting puio
E¥pendltDre
All expenditure IA recognifyed once there is a le8al or c4)nsttuetiv¥ obligallon to that cxpenditure, it is probabl
getilcincni is rcquired and the amount can be mc&surcd relitsbly. All ¢05ts8r¢ alloeoied to the ftpplicable expe11di￿re
h¢f¢diftg thos¢ aggre8ate similar costs to that Category. Wherc costs cfjntsot be directly attribut¢d to particular
headiugs. they h4v¢ been alloCa￿d on ¢oIi$i51¢nt with the use of resources. with C¢tttrul staff ¢o$ts allocated
on the basis of tim¢ spent, d¢prxi4tion charges ailorAtrd on Ihe p)rtioll of th¢ a68et'B Use. Oiher support c￿sts
are allocoted based on the Spread of staff costs.
ChiiAiabl¢ Actirfti¢J
Chu"ilEble exp¢ndiNre ¢ompris¢s those uJ8ts incurTedby the cbarity in thv d¢liv¢ry of its activities and serviceB for
its beneficiaries. It includes both costs thai can be &ll(uted directly 10 such ￿tiVItieS and those costs of al) ind1￿¢
nnture ttetessary lo $upp)rt ththn.
Support coats
Siipptsrt COAt% Incli￿¢ c¢ntr&l func(ions havc becn a]loca￿d to activity cost ￿te￿orieS on & bosls cottslst¢tt¢ with
thc lis¢ of rc8oiiwe$. for exarnplc, ￿l0¢￿ting prom by floor area4 or￿1 wits, eost$ by th¢time spent
llnd oti)ercosts by their usage.
Governanee t￿ts
These include the costs *¢ributabl¢ to the ch￿1ry,8 complian¢¢ wlth eotistitytional and 91atyJlOry requtr¢mens,
in¢luding Audit. strategi¢ mamgement and trustees, mediti8s and reimbursed expenseg.
Toxntlotl
The chariry ig are8iStered ch&rity aDd thaefor4 is th)t ii8bk for IncomeTax or Coryoration Tax on income derlv¢d
from It8 charitable aetivitie4 ￿ it falls vithin the ¢xemption5 available to re8iStered ch&ritie8.
l#Yestment propertffie¥
Investmeut property is Ca￿led at thtr Y￿￿¢. derived from the cutrent pri￿ for compornble reNI ¢¥tate
detern]itied llmiually by rxtemRI valuer5. The valuers use ob5ervabl¢ Mll￿¢¢ prim adjusted if nece5&Ary for I￿Y
diffcrcn¢o in th¢ natUTC, I￿a￿0n or cond1tio￿ of th¢ sp￿Ar1¢ 8sseL Ch4ttge5 iu faTr value arc reco8llts¢d ui profit or
Cash And c83h equ1y￿ellts
C&sh and cash eqiiivalcnt5 comprtse casb on ￿lld and Call deposit% and other short.tennbigbly liquÈd investments
ar¢ readlly convertible to a knowry) amowil of cash and are subject to aD insignifJ¢gnt risk of ch￿}ge im va]u¢.
Pa￿8

The Rlchard Porter Famity Foundation
Notss to the Fin&llclal Sthtemeuts for the Year Ended 31 December 2024
Fund slyudure
Unrestricted incom¢ funds aTe 8en¢Tal fond8 that are r4VOilable for use otthe Irustee8 digcredon in fithlLerance of
the objertiveB of th6 Ihariry.
3 IneomE from donatlfjD$ Ind leg4Eks
Ullreitrlettd
Tot41
21124
Totfil
2023
Gentr
Donatio￿ &￿j lega¢ie$.'
Donatio￿ from COrnFrfni¢8, InL8iS ￿ similar
953
.953
587
587
1,953
4 Investment In¢om•
Unrestrlcted
fuNd5
Gener
Total
2024
Total
2023
Interest recei￿ble orkl $in)ilar incon*.
011￿[ int¢re81 re¢eiwble
5 Expendlture oa ¢h*rltsble Acdyltles
Note Unrt5trl¢ted
fundg
GeDer
TotAI
2024
TotAI
2023
Gr¥￿tS and donlltiQll5
GoNeinance costs
14,081
30
14.081
1.230
25,019
6 Grnntg Alld don•tloni
Unrestrleted
Totsl
Tht#]
2023
Gener*l
2024
Ewiprnent & Decor8tion at Winton Boxing Gym
Donations m*Je to Tegi51¢ied cbariti¢s
.172
1.172
12,909
14,081
15.900
9,119
14,081
P8ge 9

The Rlehard Porter Famlly Foundatlon
Notes to the Financial Ststements for the Year Ended 31 Deeember 2024
7 Other expendlthre
Ujwutrleted
fun
Gener41
Total
2023
2024
Allor*¢d SUp￿rt costs
47
8 Allalysls of ¥overnnnte 4nd 8uppDrt costs
Uwestrleted
Total
2024
Thtal
2023
GenerAI
Bank rharges
47
47
Governance costs
UDrestrl¢t¢d
runds
Gener#l
Toi
2024
Totgl
21123
ideplndent ex￿1111]at1Oll of fuwwial 8tgiements
Legal andprolessional fee$
1230
1.230
1.140
420
9 Net In¢omlnWollÈ¢omlD8 resouryes
Net incomiD8 resour¢efj for the y¢ar IrKI￿le..
Tot41
2024
Total
1023
Ind¢kxndettl exJmineT'S Fee5
00￿[n￿nCe and 8wwortcosts
1230
30
1,140
10 Trustcts, remuncrntion And expense
Durin8 the year, the Charity ba8 not ppid OT teimbur5ed 8nylnwe¢s' ¢xpetLses andlorremuner8tion.
Page 10

The Rlchard Porter Famlly Foundation
NDte8 to the Flnanelal Statsments for Ihe Year Elided 31 December 2024
11 IndependeDt examltter'g ralluneratlott
Total
2024
Totnl
2023
Ind¢pendent eX￿nI￿li0n0f the financiol st&trm¢nts
12 Taxatlon
The Chariiy is a r¢8i5tered charity fftlld is therefore aTempt from taxaiton.
IJ Flxed #i*t InvestmeNI¥
2024
2023
tnNt8tmentproper¢ies
659 907
659907
Investjnent propertlej
prtip¢rtle8
Cos¢ ur VAlufjtlo
At 01 JonLithry 2024
659 907
Provlslon
At 31 De¢eJnber 2024
N¢t l)ook vA)ue
At 31 D¢¢eDthr 2024
659 907
Prop¢rty wa5 aequired on 5 (ktober2022 at whicb point a valllLtion would huv¢ been cattied out prior to AWU5ition.
"Ihe Tn￿te¢S of the opinion that the ¥b]u¢ of the ptoperty wouldbe of sijnilar value As ￿ 31 December 2024.
14 Cash Ind ¢#sh cqulvaknts
2024
2023
554
539,515
Pa8ell

The Rl¢h8rd Porter FAml]y Foundatlon
Notes to the Flnan¢l#J Statements for the Year Ended 31 Deetmber 202A
15 CredltOTJ: 8JllowIts falllng due TwttIthI OlleyeAr
2024
2023
Ac¢rug18
1,140
16 Funds
Bglauce At I
JAlluary
2024
BAillnce At 31
December
2024
tDcomlDg
reiourees
Resources
expended
Unreslrlctred fvnd$
General
GeneTai fund
Bhl#ncc at I
Janmary
2023
BAIAnce at 31
Decomber
2023
Incon￿￿8
resovree•
ReJourceJ
expended
Unrestrlclred thn
Genernl
Gener81 fimd
1198996
1 198?82
17 AnAlysts of net assets bethoen funds
Unrejtrleted Total thnds &t
fi￿d5 31 Deeembei.
General
2024
Current 88sets
Curr¢nt liabiliiies
Total net &8ets
S54J23
30
553 093
554.323
553 093
Page 12