REGISTERED CHARITY NUMBER: 1193451 Report of the Tru5tee5 aThd Unaudiled Fin8ntil Siatemtnts for the Ytar Ended 28 Ftbrvry 2024 The STE Foundailon Connolly Accountants & Busine55 Advi50r5 Ltd Chartered Certifitd Accountants The Stable Yard 25-33 Vicardge Road Sioni, Straiford Milion KeneS Bu¢Kinghamshire MKII IBN
THE STE FOUNDATION Contents of the Financial Statements FOR THE YEAR ENDED 28 FEBRUARY 1025 Page Report of the Tru5tttS B&lanee Sheet Notes to the Finncil Si*ternents
The STE Foundatio Report of the Trustees FOR THE YEAR ENDED 28 FEBRUARY 2025 The trusiees present iheir rew)n wilh the financial sthiements of the charity, for ihe year ended 28 February 20?5. The Irusiees have adopted ihe provisions of Accouniing and RetnIng by Charities.. Stsiement of Recommended Praciice applicable to charities preparing their accounts in accordance '1th the Fin)Cial Reporting SLqndard applicable in the UK and Republic of Ireipnd IFRS 102) l¢ff¢¢tiv¢ l January 20191. OBJECTIVES AND ACTIVITIES Obj¢ctlV¢5 and aims Tlie charity's objective5. a5 set out in its con5tituLion. are lo promote cornmunity participation in healthy recreatioi) by supporting the promotion of various ij'pes of sp)rt and physical activity, with a particular emphasi5 011 the all-roui)d benefits this brin¥5 to both physical and mental health. During the year, the charity did nol carry out any aciiviiies or receive anj income. le rrustees reniained focused on niaintainin¥ compliance with regulatory requirements and plan io begin acLive operations in the next financial )'ear. ACHIEVEMENT AND PERFORMANCE Charituble ucti%'itie5 No activities w'ere carried out during the year. FINANCIAL REVIEW Restrveg polie). As the charity had no income or funds. there is currenily no resetves policy in place. The irustees will develop one when operations commence. STRUCTURE, GOVF.RNANCE AND MANAGEMENT Governin% document The STE Foui)dation is a Chariiable Incory)ordied (kyanisaiion governed by a consiiiuiion dated 9, February 2021. The Irusiees are responsible for the overall goyemance and s(raiegic direciion of the charity. TRUSTEES. RESPONSIBILITIES The Irusiee5 are responsible for keeping proper accouniins records which disclose with reasonable accurac>' the fiiiancial POSition of Ihe Lhdriiy and endble them 10 ensure thai Ihe accounts comply with (he Chari(ies Act 2011. They are also responsible for preparinb) accounis which s>ive a true and fair view ofthe chariry's affairs and for safes>uardinb) Il)e charity's assets and taking reasonable Sp$ for the prevention and deieciion of fraud and other iegularl1]e$. STATEMENT OF EXEMFYION FROM AUDIT OR INDEPENDENT EXAMINATION A5 the charity carried out no a¢ti%'ities duriny the )"ear and had no income or eipenditure. it is exempt from the requirement ror audit or independent examinaiion under seciion 144{21 of Ihe Chariiies Aci 2011. REFERENCE AND ADMINISTRATIVE DETAILS ReRi¥tered Charitv number Principal address Apartment 21 I Poini Wharf Road Brentford London Trustees P6Lee Y Mizuno A A Sheehan Approved by order of the board of trustees on 9 December 2025 and signed on its behalf b),= P G Lee- Trustee
The STE Foundatio Balance Sheet 28 FEBRUARY 2025 2025 Uiir¢strict¢d fui)d 2025 Total funds FIXED ASSETS Investfftents CURRENT A8¥iETS Casli al bank CREDITORS Amounts fallin& due wiihin onc year NET CURRENT A%%ETS TOTAL ASSF.T% LESS CURRF.NT LIABILITIES NET ASSETS Unrestricted fLinds TOTAL FUNDS The financial statements werc approved by thc Board of Trnstees and authori5ed for issue on 9 December 2025 and were signed on its behalf by.. P G Lee- Trustee
The STE Foundatio Notes lo the Financial %ta¢ernents FOR THE YEAR ENDED 28 FEBRUARY 2025 ACCOUNTING POLICIES Basis of prepariDg the financial statements The financial statements of th¢ chariry. ii'hich is a public benefit entity, under FRS 102, hav¢ be¢n prepared in ac¢ordanc¢ with the Charities SOEiP {FRS 102) 'Ac¢ouniing and ReportiJ)g by Chariti¢s.' Statement of Re¢ommend¢d Prarti¢e applicable to chariiies preparing th¢ir a¢¢ounis lli a¢¢ordanc¢ M'ith the Fii)ancial Reportiiig Standard applicable in the UK and R¢publi¢ of Ireland IFEiS 1021 (effe¢iive l January 2019),. Fijiancial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, aiid the Charities Act 2011. The financial statements have been prepared under the historical cost coi)N'ention, witli the exception of investments which are included at market value. as rn(Mlified by the revaluaiion of certain assets. Incorne All incotn¢ 15 r¢¢ogni5¢d in th¢ Stat¢m¢nt of Financial Activit1¢5 on¢¢ the ¢hariry has ¢ntitl¢ni¢nt to tli¢ fuiids. it is probable that the income will be received and the amouni can be measured reliably. Expertditure Liabilities are reCOnIStd as expenditure as soon as ihere is a legal or Collsiruciive obligaiioii LoIMlliillin¥ ihe Lharily to Ihdt expenditure. it is probable ihat a trdnsfer of economic benefils will be required in seiileniei)i aiid ihe aniount of the obligation Lan be nieasured reliably. Expenditure is accounted for on an acLnJdls basis alld has been classified under headings thai aggregaie all cosi relaied io the caiegory. Where cosis cannot be direeil> aitributed to particular headinbis ihei, have been allocaied to aciiviiies on a basis consisieni Hiih ihe use of resources. Taxatlon The ehariiy is exempt from tax on ILS chariiable aciiviiies. Fund accounting UnresiriCd funds can be used in accordance with the charitsble objectives ai ihe discretion of the trustees. Restricted funds can only be used for particular restricted purp)ses within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purw)se of each fund is included in the notes to the financial statements. The noies forn) pan of these financial sratrments