Charity registration number 1189558
THE STREET SOCCER FOUNDATION
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
THE STREET SOCCER FOUNDATION
LEGAL AND ADMINISTRATIVE INFORMATION
| Trustees Chief Executive Officer Charity number Registered office Independent examiner Solicitors Website: Bankers |
Keith Chaplin-Mabbutt (Resigned on 05 December 2025) Laurence Hayes Shaun Shariff Bailey - Chair (Appointed on 01 June 2024) Martin Dieter Flick (Appointed on 01 December 2025) Terence John O'Brien (Appointed on 01 December 2025) Keith Chaplin-Mabbutt 1189558 93 Tabernacle Street London EC2A 4BA Samir Shah FCA, ATII Ramon Lee Ltd Chartered Accountants 93 Tabernacle Street London EC2A 4BA Gullands LLP https://streetsoccerfoundation.org.uk/ Barclays Bank PLC 1 Churchill Place London E14 5HP |
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THE STREET SOCCER FOUNDATION
CONTENTS
| Page | |
|---|---|
| Trustees' report | 1 - 5 |
| Independent examiner's report | 6 |
| Statement of financial activities | 7 |
| Balance sheet | 8 |
| Notes to the financial statements | 9 - 18 |
THE STREET SOCCER FOUNDATION
TRUSTEES' REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The trustees present their annual report and financial statements for the year ended 31 March 2025.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Charity's Constitution, the Charities Act 2011 and "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
The Street Soccer Foundation’s mission is to harness the power of football to inspire and support vulnerable and disadvantaged young people across the UK. Our core objectives are:
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To provide Street Soccer Academy programmes offering personal development and employability skills.
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To use football as a tool for social change, fostering confidence, resilience, and community integration.
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To raise awareness and advocate for solutions to youth homelessness and disadvantage.
During the past year, we delivered several Street Soccer Academy programmes, hosted a number of community events, and partnered with the likes of Barclays, New Balance & Sky Sports, and several corporate brands through our national award-winning campaign, The Big Goal.
Achievements and performance
In 2024-25:
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Impact on Beneficiaries:
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462 young people completed our Academy programmes..
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[See Impact Report here: streetsoccerfoundation.org.uk/wp-content/uploads/2025/02/SSF-ImpactReport-2024-Web.pdf
Our work has directly benefited disadvantaged young people by providing them with life skills, opportunities, and a pathway out of challenging circumstances. These programmes align with our charitable purpose and satisfy the public benefit requirement.
Strategic Development of The Big Goal Campaign and Financial Position
Following the successful establishment and launch of The Big Goal campaign, the initiative has developed rapidly into a national award-winning programme , attracting significant interest and support from the private sector. As a result of this growth, the charity has progressed the original pilot model of individual company sponsorships - initially treated as unrestricted income - into a national, collective membership-based campaign , with membership fees now forming a restricted Social Impact Fund dedicated to supporting the charity’s flagship Street Soccer Academy programme across England and Wales.
During the year, and following the successful pilot phase, the charity invested in the development of a stand-alone official website for The Big Goal , formalised the campaign’s operating terms, and introduced a tiered corporate membership structure . Under this structure, supporting organisations become registered members of The Big Goal, with annual membership fees restricted for use within the Street Soccer Academy programme. In support of transparency and engagement, the charity also launched an official A–Z corporate member directory , published on the official campaign website.
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THE STREET SOCCER FOUNDATION
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
Strategic Shift in Income Model
As part of a deliberate and informed strategic decision, the charity’s leadership chose to move away from public sector contract income during the year and instead focus fully on building and scaling The Big Goal as a sustainable, business-led national campaign. In the previous financial year, public sector contract income exceeded £250,000. In 2024–2025, no public sector contract income was received, as the charity committed its resources and capacity to developing the long-term private sector model.
From a standing start, the initial pilot phase of The Big Goal successfully secured 34 corporate brands in support of the charity. Building on this momentum, and despite the absence of public sector income, the charity invested strategically in a new official campaign website and year-round marketing and promotional activity. This approach has resulted in continued growth in corporate membership , delivering increased recurring income and a stronger national supporter base, including major corporate brands.
Community Engagement:
We expanded our reach by partnering with a number of partners and sponsors, increasing awareness of youth homelessness and providing sustainable solutions through football.
Grant making policy
Grants are awarded after the submission of applications to the charity. Applications are assessed by the administrator to judge if they fall within the charity’s objectives and the trustees review applications which meet their requirements in terms of the benefit given.
Volunteers
The charity is open to involving volunteers from a wide range of backgrounds and abilities and commits the necessary resources to identify and recruit such volunteers as needed to support the delivery function of the charity. In this relation the charity sets out the necessary skills, attitude, experience and availability needed to carry out the role and as a charity, fully adheres to the Investing in Volunteers practice: the UK quality standard for good practice in volunteer management. Typically utilised to support on fundraising events during the year, the charity has received the valued support of a pool of volunteers. Some volunteers have progressed onto becoming paid sessional workers for the charity, most often in a mentoring capacity to support service beneficiaries. All paid mentors are qualified since the charity has paid for mentors to be Mental Health First Aid qualified.
Public benefit statement
In shaping our objectives for the year and planning our activities, the trustees have considered the Charity Commission’s guidance on public benefit, including the guidance “public benefit: running a charity” (PD2). The achievements and activities above demonstrate the public benefit arising through the charity’s activities.
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THE STREET SOCCER FOUNDATION
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
Financial review
The annual accounts for 2024–2025 show a modest deficit of £48,531 when compared to the net surplus £54,445 of previous year. The financial position at the end of the year revealed by the Balance Sheet shows net current assets or working capital of £8,951 (2024 - £57,307) and net fixed assets of £168 (2024 - £343). Total reserves stand at £9,119 (2024 - £57,650) made up of unrestricted funds. All the charity’s assets are held for the furtherance of the charity’s objectives and are adequate and sufficient to meet the charity’s obligations.
Income Sources:
The charity’s income for the year was £291,119 (2024 - £474,114), derived from:
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Donations and grants:£66,905 (2024 - £80,605)
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Sponsorships:£65,000 (2024 - £66,189)
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Fundraising activities:£159,214 (2024 - £327,320)
Expenditure:
Our total expenditure for the year was £339,650 (2024 - £419,669), allocated as follows:
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Programme delivery: £250,283 (2024 - £304,289)
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Fundraising costs: £10,570 (2024 - £25,360)
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Administrative expenses: £78,797 (2024 - £90,020)
The Street Soccer Foundation continues to achieve meaningful impact in the lives of vulnerable young people. We thank our supporters, partners, and volunteers for their invaluable contributions to our mission.
Funds Held as Custodian Trustee
The Street Soccer Foundation does not hold any funds as a custodian trustee on behalf of other organisations or entities.
Reserves policy
The trustees consider it prudent to maintain an adequate level of unrestricted reserves to cover the charity’s contractual commitments and provide sufficient working capital and have set this at minimum of three months core expenditure.
As at the balance sheet date, accounts showed reserves of £9,119 (2024 - £57,650), of which £Nil (2024 - £Nil) were restricted. The unrestricted funds not designated or invested in tangible fixed assets held by the charity are of £8,951 (2024 - £57,307). The current level of funding is adequate to support the continuation of the charity in the medium term.
Trustees consider this outcome to be both anticipated and justified, reflecting a conscious investment phase aligned with the charity’s long-term strategy. Importantly, the level of annual income now generated from The Big Goal membership base is expected to exceed the value of previous public sector contract income, with significantly greater potential for future growth.
Risk Management
The trustees have a risk management strategy which comprises:
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An annual review of the risks the charity may face;
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The establishment of systems and procedures to mitigate those risks identified in the plan;
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Implementation of procedures designed to minimise any potential impact on the charity should those risks materialise.
Any operational risk from ineffective grant awards is mitigated by the trustees paying close attention to the public benefit to be derived from their funding of applications.
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THE STREET SOCCER FOUNDATION
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
Plans for future periods
The trustees are confident that The Big Goal will continue to expand as the charity develops the campaign across additional industry sectors , having successfully seeded and proven the model within the ICT sector. The membership-based approach is designed to be scalable, with expectations that new member recruitment will exceed natural attrition, resulting in sustained income growth over time.
Crucially, the expansion of The Big Goal also directly advances the charity’s core objectives. A growing private sector membership base increases the number of employment, training, and work-experience opportunities available to young people graduating from the Street Soccer Academy programme.
Taking these factors into account, the trustees are satisfied that the charity remains a going concern , with a robust and sustainable income model, a growing national supporter network, and a clear strategic direction. The trustees express strong confidence in the charity’s leadership and look forward with optimism to the next phase of growth and impact.
Structure, governance and management
Governing document
The Charity is a charitable incorporated organisation (CIO), first initially established on 17th August 2016 as a community interest company (CIC) and registered as a charity with the Charity Commission in May 2020 with registration number 1189558. The organisation is governed by the Constitution which sets out the objects and powers of the charity and governs the actions of the trustees.
Recruitment and Appointment of Trustees
The Constitution permits the Board of Trustees to appoint additional trustees as it considers fit to do so.
Organisational Structure
The Board of Trustees comprises three members who are in contact with each other whenever necessary to review the affairs of the charity. To facilitate activities the Board have delegated authority for operational matters to an administrator serving as Chief Executive Officer. All decisions relating to financial strategy and policy are made by the Board of Trustees.
Trustees induction and training
Trustees are recruited through open recruitment processes, personal recommendations, and/or through a governance committee. Potential trustees are evaluated based on their expertise, commitment to our mission, and ability to contribute to the charity’s success. New trustees are offered an induction programme, including training on their responsibilities and the charity’s operations.
Related Parties
One of the trustees is remunerated for services that he provides to the charity. The job description and remuneration are agreed by independent trustees. The charity's governing document permits such payment to trustees.
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THE STREET SOCCER FOUNDATION
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
Statement of Trustees' responsibilities
The trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and of the incoming resources and application of resources of the Charity for that year.
In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Constitution. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
The Trustees' report was approved by the Board of Trustees and signed on their behalf by:
Shaun Shariff Bailey Chair
28 January 2026
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THE STREET SOCCER FOUNDATION
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE STREET SOCCER FOUNDATION
I report to the trustees on my examination of the financial statements of The Street Soccer Foundation (the Charity) for the year ended 31 March 2025.
This report is made solely to the charity’s trustees, as a body, in accordance with the Charities Act 2011. My work has been undertaken so that I might state to the charity’s trustees those matters I am required to state to them in an independent examiner’s report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for my Independent Examination, for this report, or for the opinions I have formed.
Responsibilities and basis of report
As the trustees of the Charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act).
I report in respect of my examination of the Charity’s financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
Since the Charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of ICAEW, which is one of the listed bodies.
Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn.
I understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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1 accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or
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2 the financial statements do not accord with those records; or
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3 the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
Samir Shah FCA, ATII
Ramon Lee Ltd Chartered Accountants 93 Tabernacle Street London EC2A 4BA
Dated: 28 January 2026
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THE STREET SOCCER FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025
| Unrestricted Restricted funds funds Notes £ £ Income from: Donations and legacies 3 40,743 - Charitable activities 4 16,025 234,351 Total income 56,768 234,351 Expenditure on: Raising funds 5 13,763 - Charitable activities 6 91,536 234,351 Total expenditure 105,299 234,351 Net (expenditure)/income for the year/ Net movement in funds (48,531) - Fund balances at 1 April 2024 57,650 - Fund balances at 31 March 2025 9,119 - |
Total 2025 £ 40,743 250,376 291,119 13,763 325,887 339,650 (48,531) 57,650 9,119 |
Total 2024 £ 18,955 455,159 |
|---|---|---|
| 474,114 | ||
| 32,285 387,384 |
||
| 419,669 | ||
| 54,445 3,205 |
||
| 57,650 |
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The notes on pages 9 to 18 form part of these financial statements.
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THE STREET SOCCER FOUNDATION
BALANCE SHEET
AS AT 31 MARCH 2025
| 2025 Notes £ Fixed assets Tangible assets 11 Current assets Debtors 12 720 Cash at bank and in hand 23,683 24,403 Creditors: amounts falling due within one year 13 (15,452) Net current assets Total assets less current liabilities Income funds Unrestricted funds |
2024 £ £ 168 22,924 45,897 68,821 (11,514) 8,951 9,119 9,119 9,119 |
£ 343 57,307 |
|---|---|---|
| 57,650 | ||
| 57,650 | ||
| 57,650 |
The notes on pages 9 to 18 form part of these financial statements.
The financial statements were approved by the Trustees on 28 January 2026 and were signed on its behalf by:
Shaun Shariff Bailey Chair
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THE STREET SOCCER FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1 Accounting policies
1.1 Accounting convention
The financial statements have been prepared in accordance with the Charity's governing document , the Charities Act 2011, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "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). The Charity is a Public Benefit Entity as defined by FRS 102.
The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
The financial statements are prepared in sterling, which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2 Going concern
The Charity’s Financial Statements show a net deficit of £48,531 (2024 - net surplus £54,445) for the year and free reserves stand at £8,951 (2024 - £57,307).
The trustees are satisfied that the charity has taken a prudent and well-considered strategic approach during the year, prioritising long-term sustainability and impact over short-term income. While the accounts reflect a modest deficit for the period, this outcome is the result of a deliberate decision to invest in the development and expansion of The Big Goal as a national, business-led campaign, and to transition away from reliance on public sector contract income. The trustees are confident that this strategy has strengthened the charity’s financial resilience, broadened its corporate supporter base, and positioned the organisation to deliver increased social impact and sustainable income in future years. Accordingly, the trustees consider the charity to be a going concern and remain confident in the leadership and strategic direction of the organisation.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
1.4 Income
Income is recognised when the Charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
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THE STREET SOCCER FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
1 Accounting policies
(Continued)
Grant income
Grants are credited to the statement of financial activities when the charity is entitled to the funds. Income is only deferred where there are time constraints imposed by the donor or if the funding is performance related. Where entitlement to grants receivable is dependent upon fulfilment of conditions within the charity’s control, the income is recognised when there is sufficient evidence that conditions will be met.
Grants supporting the core activities of the charity and with no specific restrictions placed upon their use are included within donations and legacies. Grants that have specific restrictions placed upon their use are included within income from charitable activities.
Capital grants for the purchase of fixed assets are credited to restricted incoming resources on the earlier date of when they are received or receivable. Depreciation on the related fixed assets is charged against the restricted fund.
Donations and legacies
Donations are recognised in the period in which they are received. Legacy income is recognised when the charity’s entitlement is judged to be probable and where the amount can be reliably measured.
Contract income
Income from charitable activities include income recognised as earned (as the related goods and services are provided) under contract.
Investment income
Investment income is included when receivable.
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.
Allocation of support costs
Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back office costs, finance and administration personnel, payroll and governance costs which support the charity's programmes and activities. These costs have been allocated between cost of raising funds and expenditure on charitable activities. All the general support and governance costs have been apportioned to the various charitable activities on the basis of proportion of direct costs allocated to each activity.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Fixtures and fittings 25% Straight Line Method
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THE STREET SOCCER FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
1 Accounting policies
(Continued)
1.7 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.8 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 in the Charity's balance sheet when the Charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when 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.
1.9 Taxation
The charity is a registered charity and, therefore, is not liable for Income Tax or Corporation Tax on income derived from its charitable activities, as it falls within the various exemptions available to registered charities.
1.10 Creditors and provisions
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
1.11 Cash flow statement
The charitable incorporated organisation qualifies as a small charity and advantage has been taken of the exemption provided by SORP (FRS 102) as amended by Bulletin 2, not to prepare a cash flow statement.
1.12 Volunteers and donated services and facilities
Donated professional services and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), the general volunteer time is not recognised and refers to the trustees’ annual report for more information about their contribution.
On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt. No such donations were received during the year.
1.13 Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Accrued income and tax recoverable is included at the best estimate of the amounts receivable at the balance sheet date.
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THE STREET SOCCER FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
2 Critical accounting estimates and judgements
In the application of the Charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
3 Donations and legacies
| Unrestricted funds £ Donations and gifts Other donations 40,743 40,743 For the year ended 31 March 2024 18,955 |
Total 2025 £ 40,743 40,743 |
Total 2024 £ 18,955 |
|---|---|---|
| 18,955 | ||
| 18,955 |
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THE STREET SOCCER FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
4 Charitable activities
| Football Projects £ Contract income Ark Schools - Golding Homes - Kent County Council 2,044 Medway Council 3,032 Mount Anvil Ltd - Subtotal (A) 5,076 Grants and donations Postcode Lottery 10,213 Groundwork 500 Just A Drop 1,049 Other grants - Postcode Society Trust - Net Primates Ltd 9,250 The Commonwealth Secretariat 5,000 Charities Aid Foundation 150 Subtotal (B) 26,162 Sponsorships Ret Ltd - F M Conway Limited 50,000 BD Trading Partnership Ltd 5,000 The Conway Charitable Foundation 10,000 Subtotal (C) 65,000 The Big Goal Nationwide Campaign 154,138 Subtotal (D) 154,138 Total (A+B+C+D) 250,376 Analysis by fund Unrestricted funds 16,025 Restricted funds 234,351 250,376 |
Total 2025 £ - - 2,044 3,032 - 5,076 10,213 500 1,049 - - 9,250 5,000 150 26,162 - 50,000 5,000 10,000 65,000 154,138 154,138 250,376 16,025 234,351 250,376 |
Total 2024 £ 95,565 2,595 75,568 39,898 5,190 |
|---|---|---|
| 218,816 | ||
| - 12,250 14,685 9,715 25,000 - - - |
||
| 61,650 | ||
| 3,189 - - 63,000 |
||
| 66,189 | ||
| 108,504 | ||
| 108,504 | ||
| 455,159 | ||
| 379,255 75,904 |
||
| 455,159 |
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THE STREET SOCCER FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
5 Raising funds
| Unrestricted funds £ Management and Operational costs 10,570 Share of support costs (see note 8) 2,969 Share of governance costs (see note 8) 224 13,763 For the year ended 31 March 2024 Fundraising and publicity 32,285 32,285 |
Total 2025 £ 10,570 2,969 224 13,763 |
Total 2024 £ 25,360 6,243 682 |
|---|---|---|
| 32,285 | ||
| 32,285 | ||
| 32,285 |
6 Charitable activities
| Football Projects £ Management and Operational costs 103,489 Direct project costs 78,577 Grants to Institutions 68,001 Donations 216 250,283 Share of support costs (see note 8) 70,306 Share of governance costs (see note 8) 5,298 325,887 Analysis by fund Unrestricted funds 91,536 Restricted funds 234,351 325,887 For the year ended 31 March 2024 Unrestricted funds 311,480 Restricted funds 75,904 387,384 |
Total 2025 £ 103,489 78,577 68,001 216 250,283 70,306 5,298 325,887 91,536 234,351 325,887 |
Total 2024 £ 180,103 76,023 47,947 216 |
|---|---|---|
| 304,289 74,917 8,178 |
||
| 387,384 | ||
| 311,480 75,904 |
||
| 387,384 | ||
| 311,480 75,904 |
||
| 387,384 |
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THE STREET SOCCER FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
7 Grants to Institutions
| Football Projects £ Brentford FC Community Sports Trust 9,988 Everton in The Community 7,500 First Business Solutions 2,521 Foundation of Light 4,825 Greenwich Leisure - Knightrider Motor - Pompy in the community 2,500 West Ham Utd Foundation 7,325 Leicester City in the community - Palace For Life Foundation 2,500 Chelsea FC Foundation 2,500 AFC Bournemouth Community Sports Trust 2,500 Tigers trust 2,500 Blackpool FC Community Trust - Liverpool FC 2,500 Derby County Community 2,500 Peterborough United Football Club 2,500 Matthew Charles 15,842 68,001 |
Total 2025 £ 9,988 7,500 2,521 4,825 - - 2,500 7,325 - 2,500 2,500 2,500 2,500 - 2,500 2,500 2,500 15,842 68,001 |
Total 2024 £ 2,545 2,500 4,970 12,350 3,024 1,278 - 5,000 2,500 2,500 3,975 2,500 2,555 2,250 - - - - |
|---|---|---|
| 47,974 |
8 Support costs
| Support Governance costs costs £ £ Management and Operational costs 2,642 2,642 Depreciation 400 - Communication and IT costs 24,251 - Premises costs - - Hotel, travel & subsistence 8,708 - Legal and professional costs 73 - Insurance 951 - Advertising and promotion costs 33,933 - Miscellaneous expenses 2,317 - Independent Examiner's fees - 2,880 73,275 5,522 Analysed between Fundraising 2,969 224 Charitable activities 70,306 5,298 73,275 5,522 |
Total 2025 £ 5,284 400 24,251 - 8,708 73 951 33,933 2,317 2,880 78,797 3,193 75,604 78,797 |
Total 2024 £ 12,680 344 25,251 2,365 9,994 1,102 289 34,946 529 2,520 |
|---|---|---|
| 90,020 | ||
| 6,925 83,095 |
||
| 90,020 |
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THE STREET SOCCER FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
| 9 Net movement in funds Net movement in funds is stated after charging/(crediting) Independent examiner's fees Depreciation of owned tangible fixed assets 10 ANALYSIS OF STAFF COSTS, TRUSTEES REMUNERATION AND EXPENSES Employment costs Salaries (including sub contractor costs) Employer national insurance Number of employees on payrolll - One. |
2025 £ 2,880 400 2025 £ 116,027 3,316 119,343 |
2024 £ 2,520 344 |
|---|---|---|
| 2024 £ 218,143 - |
||
| 218,143 | ||
None of the trustees received any reimbursement of expense during the year (2024 - nil).
The key management personnel of the charity comprise the Chief Executive Officer. The total benefits of the key management personnel of the charity, during the year were £34,444 (2024 - £60,750)
11 Tangible fixed assets
| Tangible fixed assets | |
|---|---|
| Fixtures and fittings | |
| £ | |
| Cost | |
| At 1 April 2024 | 2,074 |
| Additions | 225 |
| At 31 March 2025 | 2,299 |
| Depreciation and impairment | |
| At 1 April 2024 | 1,731 |
| Depreciation charged in the year | 400 |
| At 31 March 2025 | 2,131 |
| Carrying amount | |
| At 31 March 2025 | 168 |
| At 31 March 2024 | 343 |
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THE STREET SOCCER FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
12 Debtors
| Amounts falling due within one year: Trade debtors Other debtors Creditors: amounts falling due within one year Paye/NI Wages control Account Accruals |
2025 £ - 720 720 2025 £ 9,072 3,500 2,880 15,452 |
2024 £ 22,103 821 |
|---|---|---|
| 22,924 | ||
| 2024 £ - - 11,514 |
||
| 11,514 |
13 Creditors: amounts falling due within one year
14 Restricted funds
The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:
| Movement | in funds | Movement | in funds | ||||
|---|---|---|---|---|---|---|---|
| Balance at | Incoming | Resources | Balance at | Incoming | Resources | Balance at | |
| 1 April 2023 | resources | expended | 1 April 2024 | resources | expended | 31 March 2025 | |
| £ | £ | £ | £ | £ | £ | £ | |
| The | |||||||
| Commonwealth | |||||||
| Secretariat | - | - | - | - | 5,000 | (5,000) | - |
| Postcode Lottery | - | - | - | - | 10,213 | (10,213) | - |
| BD Trading | |||||||
| Partnership Ltd | - | - | - | - | 5,000 | (5,000) | - |
| F M Conway | |||||||
| Limited | - | - | - | - | 50,000 | (50,000) | - |
| The Conway | |||||||
| Charitable | |||||||
| Foundation | - | 63,000 | (63,000) | - | 10,000 | (10,000) | - |
| The Big Goal | |||||||
| Nationwide | |||||||
| Campaign | - | - | - | - | 154,138 | (154,138) | - |
| Other grants | - | 9,715 | (9,715) | - | - | - | - |
| Ret Ltd | - | 3,189 | (3,189) | - | - | - | - |
| - | 75,904 | (75,904) | - | 234,351 | (234,351) | - |
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THE STREET SOCCER FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
| 15 Analysis of net assets between funds Unrestricted Restricted funds funds £ £ Fund balances at 31 March 2025 are represented by: Tangible assets 168 - Current assets/(liabilities) 8,951 - 9,119 - |
Total Unrestricted Restricted 2025 funds funds £ £ £ 168 343 - 8,951 57,307 - 9,119 57,650 - |
Total 2024 £ 343 57,307 |
|---|---|---|
| 57,650 |
16 Related party transactions
Details of transactions with trustees and senior management are in note 10.
Briony Chaplin, spouse of Keith Chaplin-Mabbutt, the Chief Executive Officer of the charity, is a qualified Graphic Designer and Trained Mentor. During the year she received total payments of £11,650 (2024 - £9,425) from the charity for her work in support of the Foundation.
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