CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From 1st January 2023 Period end date Perlod start date To 31$t December 2023 Charlty name: Rush Sports Communlty Trust Charlty reglstratlon number: 1197138 Objectives and Activltles SORP reference Para 1.17 Summary ofthe purposes of the charity as sel out in ils governing document To provide or assist in the provision of faalilies for skateboarding, BMX biking, scooter riding, roller skating and other wheeled action sports in the inter8sls of social welfare for recreation or other leisure time ocojpalion in Gloucestershire for those who have need of such facilities by reason of their youth, financial hardship or soaal arcumstances or for the public al large wtth the object of improving their Conditions of life. Summary oflhe main activities in ￿lats.0n to those PUTposes for the public benefit, in particular, the activities, projects or services identified in the accounts. Para 1.17*nd 1.19 Commenced activities required to enable a planning application lo build the faality Pre-planning application to Stroud District Counal A number of surveys of the sile (ecological, environmental, Iransport, topographical) Surveyors drawngs Completed the selection protsss for an architect {ag￿ement signed with Roberts Limbrick in Feb '24}. Created an oulline speo"ficalion for the design of the facility. Continued lo build ￿latIOnShIpS with potential funders and commercial partners {e.g. NGO'S, Councils and invéstors) Established a relationship wth a Property IProject Financier and started init181 discussions on sources of debi funding. Continued fundraising lo facilitate this stage of activity in the lifecyde of the charity. Slalemenl confiming whether the trustees have had re ard to the uidance PaTr 1.18 All Iruslees have read the CC guidance on public benefit, and are cognisanl of the re uirement to ensure ublic benefit is issued by the Charity Commission on public benefit delivered through Ihe establishment and delivery of the charities Obj8cl$. Addltional inforn￿tIon {optional) You ma choose lo indude further statements where rélevant aboul.. SORP reference Para 1.3B Policy on grant making Par* 1.38 Policy on soaal investment induding program related investment Para 1_38 Contribution made by volunteers Other Achievements and Performance SORP reference The tharity continues to work towards ils target of building the facility, completing in 2026. 2023 was a year in thich material progress ￿as made in respect of the Planning application process and the associated adivities induding appointing an architect. Local support cfjntinues io be strong with support from the MP, local ¢ounals and relevant NGO'$. Summary ofthe main achievements oflhe thanty, identifying the difference the ¢harily's work has made lo the cirojmslances of its benefiaaries and any wider benefits lo society as a whole. Par• 1.20 Additional infom)ation (optional) You ma ch005e lo include further statemenls where relevant about.. Para 1.41 A¢hievemenls against objectives set Perfornance of fundraising 8Ctivities against objectives set ra 1.41 Investment perfomian against objectives P•T• 1,41 other Flnancial Review Review of the charity's financial posilion at the end oflhe period P8r8 1.21 A number of successful fvndraising events We￿ held during the year. This, along wth a £10k grant from the county council, Building Back Better fund, enabled the charity to end the year wth a strong cash reseNe of£23k. Funds continue to be spent on building the charity brand, carying out pre-planning surveys and fvnding the land oplion. The year end reseNes enabled th& charity lo commission the arthitect to start to create the facility drawings and commence the detailed cost estimatin rocess. During this initial development phase, it is not considered necessary to hold reserves. All outgoings are predictable, commitments lo these oulgoings are made in line wth income, and so there are very limited circumstan￿$ in which reserves would be required. This policy will be reviewed on regular basis, and adapted according to the different hases of the charities existence. Statement explaining the policy for holding reserves slating why they are held Para 1.22 Amount of reserves held Reasons for holding zero resetves Detai15 of fund materially in deficit Explanation of any un￿rtaInlieS about th@ charity continuing as a going COn￿rn Para 1.22 Fara 1.22 See above Par8 1.24 None P8r8 1.23 NIA Additlonal inforniation loptlonal) You ma choose to include further statements where relevant about.. The charity's prinup81 sources of funds (induding any fundraising} Para 1.47 Investment poliw and objedives including any sorA"al investment policy adopted Para 1.46 A description of the principal risks faung the charity Para 1.46 other Structure, Governance and Management Descripts'on of charity's Irusls.. Type of goveming document Para 1.25 Foundation 'model' Constitution How is the tharity constitutéd? g unincorporgled Para 1.25 cio -￿ %J,606 20,108 Z3,194 A4A58•t and lThv8&tm•nt S•8 tsble Sub total 20,68 23,194 Nèi 0fre￿I￿￿(￿yMe￿tsJ A5 Transfars b•tw••n funds A6 Cw¥h funds last yoar end Cash fvnd$ thls y8¥r end 22,e80 22.080 825 125 825 22,905 22.90$ 62 Section B Statement of assets and liabilities at the end of the period Unrost>lcted fvndB Rggtrfcted funds Endowment lund5 to nwdAt£ lo rmrg$1£ 81 Ca•h fund8 Yolalc•sh fvnds 22,905 UnTr8trfct8d fund• R•#tsi¢tod lunds Éndowm•rt funds Dotxil$ lo toi*ar•st £ ts ¢ Details CaDt {Otrnll B3 Inv•$tm•ntas*•ts FwKl*o wNch 4•￿t lJvr•rt val Dets5Is B4 A58èt8 r•tsln•dfor harlty's own usè F￿ta BS Uabtitt S*ngd by one orty¥) iN8ts?8on bahatt ol th8 tnJ*6eB Sh3natu Fl*)¢ Name olapyoval I report to the trustees on my examination of the accounts of the Rush Sports Community Trust for the year ended 31 De￿rnber 2023. Responslbllltles and basls of report As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act,). I report in respect of my examination of the Trust's accounts Carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b} of the Act. Independent examIne￿S statemont I have completed my examination. I confim that no materi81 matters have come to my attention in connection with the examination giving me cAuse to believe that in any material respect: 1. Accounting records were not kept in respect of the Trust as required by section 130 of the Act. or 2. The accounts do not accord with those records: or 3. The accounts do not comply with the applicable requirements concerning the forn and content of accounts set out in the Charities (Accounts and Reports) and fair view which is not a matter considered as part of an independent examination. I have no concems 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 accounts to be reached. Signed,. Name: Ssc LL Relevant professional qualification or membership of professional bodies (if any): Address: L(YKgL C([ S Date: