REGISTERED CHARITY NUMBER: 1193957
Report of the Trustees and
Audited Financial Stalem¢nls
for the Year Ended 31 March 202S
for
Think Active CSW

Think Active CSW
Contents of the Financial Statements
for th¢ Year Ended 31 March 2025
Page
Report of the Trustees
Report of the Independent Auditors
Statement of Financial Activities
Statement of Financial P05itio
Statemtrtt of Cash Flows
Notes to the Statement of Cash Flows
Notes to the Financial Statements
13 to 21
Detailed St8tenJent of Financial Activities
22 to 23

Think Active CSW
Report of the Trustees
for the Year Ended 31 March 2025
The trustees present their report with the financial statements of the charity for the year ended 31 March 20?5. The
trustees have adopted the provisions of Accounting and Reportii)g b), Charities.. Statement of Recomn)ended Piactice
applicable to charities preparing their accounts in accordance with the Finan¢ial Reporting Standard applicable in the
UK and Republic of Ireland (FRS 102) (effective l January 20191.
Tl)rouÉThout 2024-25, Think Active ha5 continued to streiigrtlien its role a5 a 5y5tein partner, adaptiiibF our work in the face
of persistent challenges. including climate change, the ongoing cost-of-living crisis. and widening health and social
inequalities. These issues have continued to shape people's lives across Coventry, Solihull and Wanvickshire, and they
have informed our priorities, initiatives and the way we collaborate with partners.
Over the past year, our con)n)iimei)t to chainpioning the role of sport and physical activity in improving health,
wellbeing and corninunity connection ha5 reniaiiied uiiwavering. Guided b), our #WeTliinkActive strategy, we have
continued to embed physical activity wiihin local s}'stems, deliver praciicgl support to partners, and influence positive
change across the region. Our work has coniributed to more coordinaied, insight-led approaches with and for our
communities, particularly those facing the ￿eatest inequalities.
We are grateful for ihe ongoing investmeni and confidence shown by Sport England and the National Loitery, w'hose
support has enabled us to deepei) our impact and explore new opportui)ities. We also extend our appreciatioi) to our
trustees for their leadership and stewardship, and to the whole Think Active team for their dedication, creativity, and
collaborative spirit. Their collective efforts coniinue to maximise the positive difference we make for the people and
places w'e serve.
OIUF.CTIVF.S AND ACTIVITIES
Objeetive5 and aims
Think Active's objectives are for the benefit of the public.
Think Active's objectives, as outliiied in our Constitution, are as follow5..
{a) an enhanced qualiry of life and sense of well-being through engagement with and participation in activities and
events that bring people togeiher, leading to improvemenis in physical and emotional w'ell-being, quality of life and a
more Stable and cohesive conimunity.
(b} increased opportunities to engage to maximise placed (as facilities and places to be active} in new activities that
bring people together. leading to ii)creased physical activity and grea￿r social cohesion and fulfilment.
(c) enhanced active citizenship and involvement in community life.
an eiihanced quality of life aiid sense of well-being through engagement with aiid participation in activities and
events that bring people together, leading 10 improvements in physical and emoiional M'ell-bring. quality of life and a
more stsble and cohesive communiiy.
3. 19) is the increased elTiciency and effectiveness of the community and voluntary groups and organisations that use
the lacilities. resulting in enhanced outcomes and service delivery and, consequently, and improved quality of life for
tliose wlio benefit from the work of these ¥roup5 and orgaiiisatioiis.
(bl Increased a￿.areneSS, knO￿.Iedge, and CL)nfidence around the benefits of physical activity and increasing the
nutnber of champion5 and advocate5.
4. Maximising the national. local, and anecdotal data and insight that relates directly to or can inforn) our charitable
attivity to support people to be more physi¢all>' active and directly support our bei)eficiaiies.
The Trustees have had due regard to the Charity Commission's public benefii guidance when reviewing and deciding
what activities the cl)arity should uiidertake. Tl)e trustees also state that no haTni arose froin the purposes. the
beneficiarie5 are the general public aiid locally based con)munity and voluiitary organisations, aiid that i)0 private benefit
arises from these purposes.
Page I

Think Active CSW
Report of the Trustees
for the Year Ended 31 March 2025
0￿EcTIVEs AND ACTIVITIES
DuringF 2024-2), our approach continued to be shaped by insighL evidence. and our 5y5tein-partner role. We prioritised
places and communities wh¢re ing¢tivity levels are highest and where inequalities limit OppOr￿nitIeS to be active.
Our focus remains on the groups who expeiiei)¢e the greatest barriers, including..
people with di%abilities or long-term health conditions
women and girls
ethnically diverse coinmunities
LGBTQ4 cominunities
people living in areas L)f high deprivation
Building on the frameivork of our Entrepreneurial Operatintw System Vision/Traction Organiser (EOS vrro), we
maintained consistent priorities: used data to inform decisioiis, removed barriers where possible: and strengthened the
partnerships that make meaningful, long-temi change possible.
ACHIEVEMENTS AND PERFORMANCE
Charitable activities
Strategic Focus for 202&25
Througl)out 2024-25. Think Active focused on deliveiing our strategic objectives and annual Rocks, ensuriiig that our
ork M".as all￿ed, measurable. and purpose-driven. WorkiiibF closely with local partners. we contiiiued to 5trengtheii the
systems. environments and relationships needed 10 create l&sting impact.
l. Active Societies
We Continued to build a positive narrative around physical activity, using powerful local insight and stories to inspire
change. Through Moving Stories and national campaigns including 'We Are Undefeaiable and 'This Girl Can"
we
elevated voice5 froin across the region and stren¥thened the emotional connection to being active.
2. Active Places
We invested in creating the conditions for sustainable, community-led opportunities. This included supporting local
club5, or¥aiiisations and voluntary groups, encoura¥in¥ active environments, and advocatin¥ for active Irdvel as part of
everyday life.
3. Health
We ￿rther einbedded pl)y5ical activity ￿lthin health and social care, ali¥nings with local ICS prioritie5 and strengtl)ening
pathways between clinical and community settings. Our work supponed professionals to have more confident, informed
conversaiions about movement and irs role in mental and physical health.
4. Activ¢ Systems
We continued to strengthen leadership, governance and collaboraiion across all three places..
Warwicksliire.. ALtive WarwiLkshire LOTltinued to drive collective actioii and sliared priorities.
Solil)ull.. Partners dernonstrated bold, values-led leadership, working together to remove barriers and expand
opportunities.
Covei)try'. We supported the relresh of Coveniry's physical activity strategy, aligning stakeholders behind a shared
visioii and strengthening systeni coordination.
These efforts reflect our vrto emphasis on clarity, alignmenL and system-wide Iraciion.
S. Maximi5e Investrnent
We secured new investment to support our long-terni goals and provide more stability for the system. Our charitable
status coniinues to give us flexibility to access funding that benefits partners. communities and our wider ecosystem.
6. Confident, Capable, Inspirational People
We investcd in devcloping pcoplc and partners-sirengthening skills, confidence and leadership. This included building
capability ￿'1th]n the health system. supporting professionals, and empowering women and girls to be more active.
Our focus on developing the right p¢opl¢, in the right seats, delivering the right work remains core to our EOS approach
and our long-rerni success.
Page 2

Think Active CSW
Report of the Trustees
for the Year Ended 31 March 2025
FINANCIAL RF.VIEW
Finaneial position
Think Activc has maintained strong and disciplined finan¢ial stewardship throughout 2024-25, fully aligned with our
VisionlTraction Organiser {VlfO) commitment to remain a resilient, well-run organisation. We continued to diversify
and glow our InCts￿E, se¢uiing new aiid renewed iiivestmeiit that supports delivery of our priorities across Coventry,
Solihull aiid wa￿vickSh1re.
Our financial approach remains data-driven, Iranspareni and future-focused. This year, we strengthened our forecasting.
improved our interiial finaiicial processes. alld used our charitable status to unlock llew funding streams that directly
benefit ihe communiiies gnd systems we work with.
As a result. Think Active ends the year in a stable fiiiancial positioii, with tlie capacity to 5UStain delivery, invest in our
people, and pursue opportunities that advance our long-ierni vision to reduce inequalities and increase activity across the
region.
Reserves policy
The trustees are committed to respoi)sible fii)ancial managemei)t. The budgeting, financial plant)ing, and allocation of
resources are conducted with the utmost care to ensure efficient use of funds aiid sustainability-
The trustees aim to achieve a balanced budget while continuing to deliver on the charity's strategy and provide vital
services to the commuiiities served.
OUR STRATEGIC DIRECTION
Guided by our #W¢ThinkA¢¢iv¢ strategy and strengthened throiigh our EOS VisionlTraction Organiser, Think Active's
strategic direction remains grounded in clear long-term goals, shared priorities, and a commitment to system leadership.
Our work continues to align closely with national agendas including Government physical activity policy and Sport
England's Uniiing the Movement straiegy. We stav focused on enabling local collaboraiion, building capacity, and
ensuring the work we deliver is relevant, evidence•led, and rooted in what our communities need most.
Across Coventry, Solihull and Warwickshire, we remain committed to shifting outcomes for the least active and those
experiet)cing the greatest inequalities.
STRUCTURE. GOVERNANCE AND MANAGEMENT
Governing document
The chariry's governing do¢ument 15 a ¢onstitution, adopted on 8 April 2021, and forniglly registered with the Charity
Commission on 29 March 2021. Derails of the Charitable Objec(s are available via ihe Chariry Commission websi￿.
Think Active CSW is a Charitable Incorporated Organisation.
Recruitment and appointment of new trustees
The recruitnient and selection method for trustees is through open recruitment. The Board of Trustees assenibles a
nominations con)mittee to formally review and interview. Subject to a preferred candidate passing Cl)arity Commission
criteria. the Board of Trustees ha5 final say.
There are no methods for any person or external body ro appoint to the Board of Trustees. Trustees are selected based
01) having the Iiecessary skills and expertise to coiitribute to the cliarity'5 activitie5 aiid to be able to di5chargFe their
obligations as Trustees.
Decision making
Our Board of Trustees provides leadership and oversight to ensure Think Aciive fulfils its charitable objectives. The
trustees w'ork closel}, with the Think Active tean) to ensure strong governance, financial management: ai)d strategic
direction. Thi5 collaboratiot] has contributed to the ongoing success and growth of the charity.
Day to day management is delegated by the Trustees to Vicky Joel, Chief Executive of Think Active CSW.
Page 3

Think Active CSW
Report of the Trustees
for the Year Ended 31 March 2025
STRUCTURE. GOVERNANCE AND MANAGEMENT
Team and Volunteers
Instrumental to the delivery of Think Active's objectives is a team of people. The securiTr of Sport England's System
Partner funding has nieaiit that most of tl)e team are now on pennaneiit contracts. Whilst the Think Active HQ is the
COWOTking space at l Mill Street. LeatningFton Spa. the teain operate5 iii a blended way of working that involves working
from HQ. working from home. and L)ui and about to meet partners and stakeholders to meei Ihe needs of Ihe chariry.
We extet]d our heartfelt thanks to our Board of Triistees, our dedicated tean), and our partner5 across the system who
continue to share our commitment to tackling inaciiviry and inequality.
The pro¥re55 Tnade this }'ear reflect5 the collective effort of people livin¥ our value5. working in the ri¥ht seats, and
contributing to a culture of collaboration, leaming and support.
Your leadership and partnership have helped us build stronger, more connected system5 that enable people to move
more and live healthier, happier lives.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
1193957
Principal address
CIO l Mill Street
Leamington Spg
Warwickshire
CV31 IES
Trustees
SBLea
D K Finney
P Joyner
LJMHope
H A Al-zubaidi
S Hollingworth
VCJoel
Auditors
Lei¥h Cliristou Ltd
Chartered Certified Accountants and
Staiutory Auditor
Leofric House
Binley Road
Coventry
CV3 IJN
Bankers
CAf Bank Ltd
25 Kings Hill Avenue
West Malling
Kent
ME194JQ
Page 4

Think Active CSW
Report of the Trustees
for the Year Ended 31 March 2025
STATEMENT OF TRVSTEES, RF.SPONSIBILITIES
The irustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with
applicable law aiid United Kiiigdom AccountinuF Standard5 (United KingFdoni Generall), Accepted Accouiitinu Practice)
incliiding Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of
Ireland
The law applicable to ¢harities in Englaiid and Wales, the Charities A¢t 2011, Charity {Ac¢ount% and Reports)
Regulations 2008 and the provisions of the trust deed requires Ihe trustees 10 prepare financial stsiements for each
financial year wliiLli ¥ive a true and fair view of the state of iiffairs tsf the chiirity and of the inLtsniing resourLe5 aiid
application of resources, it]cluding the income and expenditure, of the charity for that period. In preparing those
financial statements, the Irusiees are required 10
select suitable accounting policies and then appl}. them consistently,.
observe the methods and principles in Ihe Charity SORP.
Inake judgeinents and estimates that are reasonable ai)d prudent;
state whether applicable accouiitin¥ standards have been followed, subject to any material departures di5c105ed
and explained in the financial ststemenis.
prepare the financial siaiements on the going concern basis unless it is inappropriate to presume that ihe chariry
will continiie in operation.
The trustees are responsible for keeping proper accounting records which disclose wilh reasonable accurac}. at any time
the financial position of the Charity aiid to enable tl)em to ensure that the financial statements ¢oinpl}' with tl)e Charities
Act 2a1 I, the Charity (Accounts and Reports) Rcgulations 2008 giid the provisions of the trusi deed. The}, are also
responsible for safeguarding the assets of the charity and hence fL)r taking reasonable steps for the preveniilin and
dtteLtioii tsf fraud and othei itreguliiritle5.
Approved by order of the board of trustees on 18 December 2025 and signed on ils behalf by..
V C Joel Trustee
Page 5

Report of the Indep¢nd¢nt Auditors to the Trustees of
Think Aetiwe CSW
Opinion
We have audited the finaiicial statements of Think Active CSW (the 'charity'} for the year elided 31 March 2025 which
comprise the Statement of Financial Activities, the Statement of Financial Position, the Statement of Cash Flows and
notes to the financial statements, including a summary. of significant accounting policies. The financial reporting
framework that has been applied ii) their preparation is applicable law and United Kingdon) Accoui)ting Stai)dards
(Uiiited Kingdom Gencrally Accepted Accounting Practice). including Financial Reporting Standard 102 'The Finan¢ial
Reporting Siandard applicable in Ihe UK and Republic of Ireland,.
In our opinioii the finaiicial 5tatenients'.
give a true and fair view of the state of the charity's affairs as at 31 March 2025 and of its incoming resources and
application ot resources, for the year then ended;
have beet] properly prepared in accoTdaiice widi United Kingdom Geiierally Accepted Accouiitit]g Practice, including
Financial Reporting Standard 102 'The Financial Reporting Stsndard applicable in the UK and Republic of Ireland,;
and
have beeli prepared in accordance with the requirement5 of the Charitie5 Act 2011.
Basis for opinion
We coiiducted our audit in accordance with InteTnational Standard5 on Auditing IUKI {ISAs (UK)) and applicable law.
Our responsibilities under those stsndards are fijrrher described in the Auditors, responsibilities for the audit of the
financial statements seciion of our report. We are independent of the charitv in accordance with the ethical requirements
tliat are relevant to our audit of the fiiiancial statenieiits in the UK, includiiig the FRC'S Ethical Staiidard, and we have
fulfilled our other ethical responsibilities in accordance with these reqiiirenients. We believe that the audit eviden¢e we
have obiained is sufficient and appropriate ro provide a basis for our opinion.
Conclusions relating to going concern
In audiiing the financial Sta￿Ments, we have concluded that the trusiees. use of Ihe going concem basis of accouniing in
tlie preparation of the finat]cial statement5 is appropriate.
Based on the work we have perfornjed, we have not identified any material uncertainties relating io events or conditions
tliat, iiidividuall), or collectively.. may cast 5igiiificaiit doubt oli the charity'5 ability to contiiiue as a goin¥ coiicern for a
period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the respon5ibilitie5 of the tru5tee5 Wlth respect to ¥oin¥ concern are described in the relevant
sections of this report.
Other inforfftatio
The Irusiees are responsible for the LTrther informatiL)n. The other information comprises the information included in the
Annual Report. other than the financial sthtements and our Report of the Independent Auditors thereon.
Our opinion on the financial statements does noi cover the other infomiation and, except to the extent othenvise
explicitly sta￿d in our report, w'e do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the oiher information and, in doing
so, consider ￿'hether the other information is materially inconsistent M'ith the financial statements or our knO￿,ledge
obtained in the audit or otlierwi5e appears to be ￿aterIallY mi5Stated. If we identify such material iiicoi15iStencies or
appareiit material misstateTnents, Ive are required to deterinine wliether this gives rise to a material niis5tatement in the
financial siatements themselves. If, based on the work we have performed, we conclude that ihere is a material
Inisstatemeiit of this other infomjation, we are required to report that fact. We have nothing to report ii) this regard.
Matters on which we are required to report by exception
We have nothing to report in respect of the follow'ing matters where the Charities (Accounts and Reports) Regulations
2008 requires us to report to you if, in our opinion..
the infomiaiion given in the Report of the Trustees is inconsistent in any material respect with the financial
statements: or
sufficient accoiinting re¢ords hav¢ not been kept,. or
the financial statements are not in agreement with the accounting records and retums: or
we liave iiot received all tlie information aiid explanations we require for our iiudit.
Page 6

Report of the Indep¢nd¢nt Auditors to the Trustees of
Think Aetiwe CSW
Responsibilities of trustees
As explained more fvlly in the Statemeiit of Trustees, Responsibilities, the trustees are responsible for the preparation of
the financial sta￿mentS which give a true and fair view, and for such intemal control as the trustees determine is
i)ecessary to ei)able the preparatioi) of financial statemei)ts that are free from n)ateiial misstaten)ent, whether due to fraud
or error.
In piepaiing the financial stateinents, the trustees are responsible for assessing the charity's ability to Continue as a going
conceTn, disclosiiig, as applicable, matters related to bFoing concern and u5in(T the going concern basis of accounting
unless the trustees either intend to liquidate the charity or 10 cease operations, or have no realisiic alternative bui to do
Our responsibilities for the audit of the financial statements
We have been appOin￿d as auditors under Section 144 of the Charities Act 2011 and report in accordance with the Act
and relevaiit regulatiot]s made or haviiig effect thereunder.
Our objectives ale to obtain reasonable assurance about whether the financial staten)ents as a whole are free from
material ini5Statement. whether due to fraud or error. and to issue a Report of the Independent Auditors tliat incliides our
opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance
with ISAS {UKI will al￿'ayS detect a niaterial misstatement when it exists. Misstatements can arise from fraud or error
and are coiisidered Inaterial if, individuallj. or iii the aggTegate, thej. could reasoiiably be expected to influence the
economic decisions of users taken on the basis of these financial statements.
The extent to which our procedures ale capable of detecting irregularities, including fiaud is detailed below..
As part of an audit in accordance with ISAS (UK), we exercise professional judgment and maintain professional
sceptlC15m throu¥hout the audit. We also..
• Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error. design
and perforn) audit procedures responsive to those risks. and obtain audit evidence thai is sul'ficiei)t and appropriate to
provide a basi5 for our opinion. The risk of not detectintw a material niisstatement resulting from fraud is higher than for
one resulting from error, as fraud may involve collusion, forgery.- inientional omissions, misrepresentations, or the
override of internal control.
Obiain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate
in the circumstances, but nor for the purpose of expressing an opinion on the effectiveness of the internal control.
Evaluate the appropriateness of ac¢oiinting poli¢ies used and the reasonableness of a¢counting estimates and related
disclosures made b}, the trustees.
Conclude on the appropriateness of the trustees. us¢ of the going concern basis of accouniing and, bgsed on the audit
evidence obtained, whether a material uncertainry exists related to events or conditions thai may cast significant doubt
on the Lharity's ability to LOTltinut as il ¥oiii¥ conceni. If Lonclude that a niaterial UnLertdinty exists, we are required
to draw attention in our auditor's report to the related disc105ures in the finaiicial staten)ents or, if such disclosures are
inadequats. 10 modify our opinion. Our conclusions are based on the audit evidence obtained up to the dale of our
auditor's report. However, future events or conditions may cause the charity to cease to continue as a going concern.
Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and
whether the financial stateinents represei)t the ui)derl>'ing trai)sactions and events in a mai)ner that achieves fair
presentation.
We communicate M'ith those charged with govemance regarding, among other matters. the planned scope and timing of
tlie audit aiid significant audit finding5. including any significant deficiencies in internal control thai we identify during
our audii.
A further description of our responsibilities for the audit of the financial stateTnents is located on the Financial Reporting
Council's ￿ebSIte at l￿￿.fre.0rg.uklaudltQr$re5ponslb1llt]es. This description form% part of our Report of the
Independent Auditors.
Page 7

Report of the Indep¢nd¢nt Auditors to the Trustees of
Think Aetiwe CSW
Use of our report
This report is made solely to the charity's trustees, as a body. in accordance NTrith Part 4 of the Charities (Accounts and
Reports} Regulations 2008. Our audit work has been undertaken so that we mighi state to the charitv's trustees those
Inatters we are iequired to state to then) in an auditors, report and for no other purpose. To the lullest extent peimitted by
law, M".e do not accept or assume responsibility to anyone other than th¢ charity and the charity's trusiees as a body, for
our audii work, for this report. or for Ihe opinions ￿'e have formed.
Leigh Cl)ristou Ltd
Chartered Certified Accountants and
Statutory Auditor
Leofric House
Binley Road
Coventry
CV3 IJN
18 December 2025
Page 8

Think Active CSW
Statement of Financial Activities
for the Year Ended 31 March 2025
31.3.25
Total
funds
31.3.24
Total
funds
unrestrlc￿d
funds
Restricted
funds
Notes
INCOME AND ENDOWMENTS FROM
Charitable activities
General
Sport England - System Partner
Sport Englgnd - Delivery Partner
Sport England - Mowing Commui)ities
Sport England - Sports Welfare Officers
West Midlands Virtual Sth(iols
Coventry & Wa￿iCkShlre MIND
Opening School Facilities
18,794
18,794
399,564
92,088
316,071
549.745
121,531
26.400
399.564
92,088
66J74
10,000
66,374
10,000
7,877
19,977
26.248
26249
26,249
Other trading activities
Iiive5tmeiit ITiLonie
19,513
12,683
5,000
9,774
12,683
Total
SO,990
594275
645.265
1,082.623
EXPENDITURE ON
Charitable activities
General
Sport England - System Partner
Sport Englaiid Delivery Partner
Sport England - Moving Communities
Sport England - Sports Welfare Officers
Coventry & Warwickshire MIND
Opening School Facilities
2,670
2,670
398,320
96,884
120,458
41 i.866
398J20
96,884
26.400
17,846
17,846
13,337
10,692
10,692
Other
74,410
74,411
277,737
Total
2.671
598,152
600,823
851.798
NET INCOMEI(EXPENDITURE)
48J19
(3,877)
44,442
230,825
RECONCILIATION OF Fuf44DS
Total funds broughi lorward
657.485
108.932
706,417
535,592
TOTAL FUNDS CARRIED FORWARD
705,804
105,055
810,859
766.417
The notes fortn part of these financial ststemeiits
Page 9

Think Active CSW
Statenient of Financial Position
31 March 2025
31.3.25
Total
funds
31.3.24
Total
funds
unrestrlc￿d
funds
Restricted
funds
Notes
FIXED ASSETS
Tangible assets
12
8,010
8,010
6,541
CURRENT ASSETS
Stocks
Debtors
Casl) at bank
13
14
14,900
4,472
789,680
722,883
105,055
827,938
728,154
105,055
833,209
809.052
CREDITORS
Amounis falling du¢ within one year
15
(30J60)
(30,360)
149,176)
NET CURREIYT ASSETS
697.794
105.055
802,849
759,876
TOTAL ASSETS LESS CURRENT
LIABILITIES
705,804
105,055
810,859
766,417
NET ASSETS
705.804
105.055
810,859
766.417
FUNDS
Unrestricted funds..
General fund
De5i¥nated Funds
16
374,653
331,151
326,334
331,151
705,804
657,485
Restricted ￿ndS..
Sport England Funding
105,055
108,932
TOTAL FUNDS
810,859
766,417
The financial statements were approved by the Board of Trustees and authorised for issue on 18 December 2025 and
were signed on its behalf by..
V C Joel Trustee
The notes fortn part of these financial ststemeiits
Page 10

Think Active CSW
Statement of Cash Flow5
for the Year Ended 31 March 2025
31.3.25
31.3.24
Notes
Cash flows from operating activities
Casl) generated from operations
29,714
60,285
Net cash provided by operating activities
29,714
60,285
Cash flows from inwesting activities
Purcliase of taniTible fixed assets
Interest received
(4,139)
12,683
{5.269}
9,774
Nei cash provided by investing activities
8,544
4,505
Change in cash and cash equivalents i
the reporting period
Cash and cash equivalents at the
beginning of the reporting period
38,258
64.790
789,680
724.890
Cash and cash equivalents at the end of
the reporting period
827,938
789,680
The t)otes fomi part of these fii)ancial statements
Pagell

Think Active CSW
Notes to the Statement of Cash Flow5
for the Year Ended 31 March 2025
RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
31.3.25
31.3.24
Nct income for the reporting ptriod (as per the Statement of Finaneial
Activities)
Adjustments for-
Depreciation charges
Interest received
Decrease in stocks
(Ii)crease}/decrease in debtors
Decrease in creditors
44,442
230,825
2,670
(12,683>
14,900
{799>
(18,816}
1,808
{9.774}
118.650
176,789
(458,013}
Nel cash provided by oper8tion5
29,714
60,285
NALYSIS OF CHANCES IN NET FUNDS
At 1.4.24
Cash flow
At 31.3.25
P4et cash
Cash at bank
789,680
38,258
827,938
789,680
38,258
827,938
Total
789,680
38,258
827,938
The t)otes fomi part of these fii)ancial statements
Page 12

Think Active CSW
Note5 to the Financial Statement5
for the Year Ended 31 March 2025
STATUTORY INFORMATION
Think Active CSW 15 a charitable incorporated orgaiiisation ICIOI registered in England and Wales. The charity
is registered with the Charity Commission, charity number 1193957.
The presentation currency of the financial statements is the Pound Sterling 1£).
The charity is a public benefit entity.
ACCOUNTING POLICIES
Basis of preparing the financial staternents
The financial staiements of the charity, which is a public benefit entity under FRS 102, have been prepared in
acLordance with the Charities SORP {FRS 1021 'Accounting and Reporting by Charities.. Staien)ent of
Recommended Practice applicable to charities prcparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),:
Finai)cial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of
Ireland, and the Charities Act 2011. The fiiiancial 5taten)ents have been prepared under the historical cost
convention.
Ineorne
All income is recognised in rhe Statemeni of Financial Activities once the charity has entitlement to the funds. it
is probable that the income will be received and ihe an)ouni cai) be measured reliably.
Where the ¢hariry receives donated goods, facilities, or services, income is recognised where the fgir value or
value to the chariry of the doi)aied item Can be measured reliably.
Expenditure
Liabilities are recogi)ised as expendilure as soon as there is a legal or coi)structive obligaiioii con)milting tl)e
charity to that expenditiire. it is probable that a transfer of econoinic benefits will be requircd in settlcmcnt and
the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has
been classified under headings that aggregate all cost related to the category. Wl)ere costs cai)not be directly
attributed to particular headingF5 they have beeii allocated to activities on a basis con5lStent with the use of
resources.
Grant5 offered subject to conditions which have not beeii met at the year end date are noted as a cornmittnent but
not accrued as expenditure.
Tangible fixed a55ets
Depreciation is provided at the flillowing annual rates in order 10 wriie off each asset over its estimated useful
Computer equipment
250/0 on reducing balance
Stock5
Stocks are valued at the lower of cost and net realisable value. after making due allowance for obsolete and slow
moving items.
Taxation
The charity is exempt from tax on its charitable activities.
Fund aeeounting
Ut]restricted funds can be used in accordance with the charitable objectives at the discretion of the trllstees.
Restricted fui)ds cali only be used for particular restricted purposes within the objects of the charity. Restrictioi)s
arise when Specified by the doiior or when fviids are raised for particular restricted purposes.
Further explanation of the nature and purpose L)f each fund is included in Ihe notes io the financial statements.
Page 13
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Think Active CSW
Note5 to the Financial Statements- continued
for the Year Ended 31 March 2025
ACCOUNTING POLICIES- continued
Pension costs 2nd other post-r¢tir¢ment ben¢fils
The chariry operates a defined contribution pension scheme. Contributions pa}'able to the charitys pension
scheine ale charged to the Statemeiit of Fiiiancial Activities in the period to which they relate.
Donated goods
The Lharity records goods received as a doiiation M'here the fair value of such items cali be measured reliably.
Such items will be distributed to individuals and organisations in line wilh the charity's objectives.
The fair value of secoiid-hand items received uiider the 'Wear and Share" Scheme cannot be measuTed reliably.
As such, the income and stock are not quantified in the financial statements.
OTHER TRADING ACTIVITIES
31.3.25
31.3.24
Saleslservices
19,513
5,000
INVESTMENT INCOME
31.3.2S
31.3.24
Deposit account interest
12,683
9,774
INCOME FROM CHARITABLE ACTIVITIES
31.3.25
31.3.24
Activity
General
Sport F.ngland- System Partner
Sport En¥land- Delivery Partner
Sport England- Moving Communities
Sport En¥land- Sport5 Welfare Officer5
West Midlands Virtual Scliools
Coventry & Warwickghire MIND
Opening School Facilities
PrtsjeLt funding received
Grants
Grants
Grgnts
Grant5
Grgnts
Grants
Project fijnding received
18,794
399,564
92,088
316,071
549.745
121,531
26.400
66,374
10,000
7.877
19,977
?6.948
26,249
613,069
1,067.849
CHARITABLE ACTIVITIES COSTS
Support
costs (see
nots 8)
Genergl
Sport Ei)gland- System Partner
Spon England- Delivery Partner
Sport Ei)gland- Sports Welfare Officers
Opening School Facilities
2,670
398,320
96,884
17,846
10,692
526,412
Page 14
CL)niinued...

Think Active CSW
Note5 to the Financial Statements- continued
for the Year Ended 31 March 2025
GRANTS PAYABLE
31.3.25
31.3.24
General
Spon England- Moving Communities
Coveiitry & WarwiLk5hire MIND
18,650
26,400
13.337
158.387
The toial grants paid to instiiutions during the year was as follows..
31.3.25
31.3.24
4Global Consulting LiTnited
ITB TT Foundation
26.400
13,337
39,737
SUPPORT COSTS
Governance
costs
Managemei)t
Finance
Other
Totals
General
Sport Ei)gland- Systen)
Partner
Sport England - Delivery
Partner
Spon England- Sports
Welfdre OffiLers
Opening S¢hool Facilities
2.670
2,670
311,334
65,392
21,506
398,320
96,884
96,884
17,846
10,692
17,846
10,692
436,7S6
68,062
21,506
S26,412
Siipport costs, included in the above, are as follows..
Sport
England-
System
Partner
Sport
England-
Delivery
Partner
General
Trustees, remuneration etc
Wages
Social security
Pensions
Advertising
Bank charges
Insurance
Telephone
PostagFe and stationery
Sundries
Rent and rates
Computer costs
Subscriptions
86,526
174,113
18,477
14,778
17,440
88
3,842
6,072
609
6,017
22,576
10,196
3,443
96,884
ca￿led fotiward
364,177
96,884
Page 15
CL)niinued...

Think Active CSW
Note5 to the Financial Statements- continued
for the Year Ended 31 March 2025
SUPPORT COSTS- Continued
Sport
EngFland-
System
Partner
Sport
EiibFland
Dclivery
Partner
General
Brought forw'ard
Tr(Ivel aiid Subsistence
Meeting room hire
Depreciation of tangible fixed assets
Auditors, remuiieration
Accountanc>' and legal fees
Professional fees
364,177
4,629
8,008
96,884
2,670
12,000
1,760
7,746
2,670
398,320
96,884
31.3.25
31.3.24
Sport
England-
Spons
Welfare
OITicers
Opening
School
Total
activities
Total
Trustees, remuneration etc
Wages
Social securiry
Pensions
Advertising
Bank charges
Insurance
Telephone
Postage and stationery
Sundries
Rent and rates
Computer costs
Siibscriptions
Travel and subsiS￿nCe
MeetiiigF room hiTe
Depreciaiion ol'iangible fixed assets
Auditors, remuneration
Accountancy and legal fees
Professional fees
86,526
299,535
18,477
14,778
17,44
88
3,842
6,072
609
6,017
22,576
10,196
3,443
4,629
8,008
2,670
12,000
1,760
7,746
79,326
233,136
13,674
13,446
5,945
60
3,267
4,812
278
4,217
18,537
9,932
3,354
3,138
6,254
1,808
7,099
1,610
5,781
17,846
10,692
17,846
10,692
526,412
415,674
Page 16
CL)niinued...

Think Active CSW
Note5 to the Financial Statements- continued
for the Year Ended 31 March 2025
TRUSTEES, REMUNERATION AND BENEFITS
Oiie trustee received ren)uiieration of £71,400 (2024.. £65,074) during the year. The trnstee also benefited from a
Group Life Assurance polic),, with ¢ov¢rage at four times salary, paid by the charity.
There were no other benefits received by trustees for the )ieai ended 31 March 2025 nor for tl)e year ended 31
March 2024.
Trustees, expenses
Trustees, expei)ses of £29412024.. £141 I were paid during the year.
io.
STAFF COSTS
One of the charity's employees received totsl emplo)Thent benefits of £60,000 or more in the financial period.
l employee {2024'. 1 employee) was paid between £60,000-£70,000 durii)g the year.
The average monihly number of employees during the year was as follows..
31.3.2S
31.3.24
Managemeni
Administrative
12
13
10
No employees received emoluments in excess of £60.000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
R¢stricted
funds
Total
funds
INCOMF. AND F.NDOWMENTS FROM
Charitable #ctivities
Genergl
Sport England- System Partner
Sport Eii¥land- Delivery Partiier
Sport Englaiid- Moving ComTnunities
West Midlands Virtual Schools
Coventry & Warwickshire MIND
Opening School Facilities
232,654
83,417
549,745
121.531
26,400
7,877
19.977
26,248
316,071
549,745
121,531
26,400
7,877
19.977
26,248
Other tradii)g activities
Investment incorne
5,000
9.774
5,000
9.774
Total
247,428
835,195
1,082.623
EXPENDITURE ON
Charitable activities
General
Sport Englaiid- System Partner
Spon England- Moving Communities
Coventry & Warwickshire MIND
120,458
120.458
413,866
26,400
l i.337
413,866
26,400
Other
3,847
273,890
277,737
Total
124,305
727,493
851,798
Page 17
CL)niinued...

Think Active CSW
Note5 to the Financial Statements- continued
for the Year Ended 31 March 2025
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES- continued
Unrestricted
Restricted
funds
funds
Total
funds
r4ET IIYCOME
123,123
107,702
230,825
RECOP4CILIATION OF FUNDS
Total fund5 brought forward
As previousl) reported
Prior year adjusiment
400,812
133,550
1,230
402,042
13i,550
AS restated
534,362
1,230
535,592
TOTAL FUNDS CARRIED FORWARD
657.485
108,932
766.417
12.
TANGIBLE FIXED ASSETS
Computer
equipment
COST
At l April 2024
Additior15
9,102
4,139
At 31 March 2025
13,241
DEPRECIATION
At l April 2024
Charge for year
2,561
2,670
At 31 March 2025
5,231
NET BOOK VALUE
At 31 Maich 2025
8,010
At 31 March 2024
6.541
13.
STOCKS
31.3.25
31.3.24
Finished goods
14.900
Stock relates to new (obsolete branding} sportswear received from a major sporting or¥anisation January
2023. The charity held this as stock, and distributed the sportswear 10 local sports clubs and individuals in line
with the charity's objectives.
The charity also holds stock of second-hand activewear. under the 'Wear and Share" scheme. The charity
collects aciivewear from organisations, groups. clubs, and individuals to create Wear and Share kit bags. These
kit bags are distributed to iiidividiials aiid organisation5 ￿'here affordability of suitsble clothin(T is a ba￿ler to
individuals becoming more active.
Page 18
CL)niinued...

Think Active CSW
Note5 to the Financial Statements- continued
for the Year Ended 31 March 2025
13.
STOCKS- continued
As the fair value of such second-hand donated items under the "Wear and Share" scheme cannot be measured
reliably, the in¢ome and stock value are not quantified in Ih¢ financial ststements.
14.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25
31.3.24
Prepa)wments
5,271
4,472
15.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25
31.3.24
Trade creditors
Social security and other taxes
Other creditOTS
Accruals and deferred income
8,717
8,739
3,004
9,900
33.665
6.838
2,673
6.000
30,360
49,176
16.
MOVEMENT IN FUNDS
Net
movement
in funds
Ar
31.3.25
At 1.4.24
Unrtstrieted funds
General fund
Designated Funds
326,334
331,151
48,319
374,653
331,151
657,485
48,319
705,804
Restricted funds
Sport Ei)gland Funding
108,932
(3,877)
105,055
TOTAL FUNDS
766,417
44,442
810,859
Net tnovemeiit in funds. 11)cluded in the above are as follows..
Incoming
resources
Resources
expended
Movement
in fiinds
Unrestricted funds
Genergl fvnd
50,990
(2,671)
48,319
Restricted funds
Restricted Fund
Sport England Funding
36,249
558,026
(36,249)
(561,903)
{3,877)
594,27S
(598,152)
{3,877)
TOTAL FUNDS
645,26S
(600,823)
44,442
Page 19
CL)niinued...

Think Active CSW
Note5 to the Financial Statements- continued
for the Year Ended 31 March 2025
16.
MOVEMENT IN FUNDS- Continued
CompAratives for movement in fund$
Prior
year
adjustment
Net
movement
in funds
Tiansfers
betweeii
funds
At
31.3.24
Ai 1.4.23
Unrestri¢t¢d funds
General fund
Designated Funds
18.812
382,000
133.550
123.123
50.849
{50,8491
326.334
331,151
400.812
133,550
123.123
657.485
Restricted funds
Restricted Fund
Sport England Funding
1,230
(1,230)
108,932
108.932
1,230
107,702
108.932
TOTAL FUNDS
402,042
133,550
230,825
766,417
Comparative net niovenient in funds, included in tl)e above are as follows..
Incoming
resource5
Resources
expended
Movement
in funds
Unrestricted funds
General fund
247,428
1124,3051
123,123
Restrieted funds
Restricted Fund
Spon England Funding
137,519
697,676
1138,7491
1588,7441
(1,230)
108.932
835,195
(727,493)
107,702
TOTAL FUNDS
1.082,623
1851,7981
230,825
Designated funds
The income funds of the charity include a designated fund which has been set aside out of unrestricted funds by
Ihe trusiees for specific purposes..
Coiitinuity fund
Restructurin£ ￿nd
Dissolution fund
Page 20
CL)niinued...

Think Active CSW
Note5 to the Financial Statements- continued
for the Year Ended 31 March 2025
RELATED PARTY DISCLOSURES
During the year, the charity paid £0 (2024.. £13,337) to ITB Tr Foundation. V C Joel (Trustee) is a trustee of thi5
harity-
V C Joel (Trustee) is also a Trustee of Active Partnerships, a nationwide n)ovement, physical activity and sport
network. Think Active CSW is one of a network of 42 local organi5ations that Active Partnerships works with.
For niajor fundiiig projects, Active Partnerships acts as the lead organisatioii of their iietwork. Thi5 includes
funding for Sport England, and the Department of Education's Openit]g School Facilities (OSF) progranllne.
The Board were aware ol. the potential conllict of interest due to soine fundii)g being allocated by Active
Partnerships, and V C Joel beintw Trustee of both charities. All transactions with Active Partnerships are subject
to approv81 by the Board of Trustees.
18.
AUDIT LIABILITY LIMITATION AGREEMENT
Auditor liability is limited to a maxin)uin of 25 time the fee relating to the audit engagement. The tnjstees
approved thc agreement on 21 March 2025.
19.
MEMBERSHIP OF THE CIO
The charity is registered as a charitable incorporate organisation under the foundation model, as set out in its
Constitutioii.
The only voting members of the CIO are the charity trustees. The only persons eligible to be members Lif the CIO
are its charity tru5tee5.
Any member and charity trustee who ceased to be a charity trustee automatically ceases to be a member of the
cio.
Page21

Think Active CSW
Detailed Statement of Financial Aetivitie5
for the Year Ended 31 March 2025
31.3.25
31.3.24
INCOME AND ENDOWMENTS
Other trading actiTrities
Sale%/services
19,513
5,000
Inve5tmetLt income
Deposit account interest
12.683
9,774
Charitable activities
Grants
Project funding received
568,026
45,043
725,530
342,3 19
613,069
1,067,849
Total ineoming rtsourets
645265
1,082,62i
EXPENDITURE
Charitable activities
Grants to institutions
Grants to individuals
39,737
118,650
158,387
Other
Cost of delivering services
74,411
277,737
Support costs
Managenient
Trustees. salaries
Tru5tees' social security
Trustees. pensilin contribuiilins
Wages
Social security
Pensioiis
Advertising
71,400
8,082
7.044
299,535
18.477
14,778
17.440
65,074
7,208
7,044
233,136
13,674
13,446
5,945
436,756
345,527
Finance
Bank charges
88
60
Other
Insurance
Telephone
Postagje and stationery
Sundries
Rent aiid rates
Carried forward
3,842
6,072
609
6,017
22,576
39,116
3,267
4,812
278
4,217
18,537
Tl)is page does not forn) part of the statutory financial statements
Page 22

Think Active CSW
Detailed Statement of Financial Aetivitie5
for the Year Ended 31 March 2025
31.3.25
31.3.24
Other
Brought forwgrd
Compuier costs
Subscriptions
Trnvel and subsistence
Meeting room hire
Computer equipment
39,116
10.196
3,443
4,629
8,008
2.670
9,932
3,354
3,li8
6,254
1,808
68,062
55,597
Goi'ernance costs
Auditors, remuneration
Accoiintancy and legal fees
Professional fees
12.000
,760
7.746
7,099
1,610
5,781
21,500
14,490
Total resources expended
600,823
851,798
Net income
44,442
230,825
Tl)is page does not forn) part of the statutory financial statements
Page 23