2025-06-01-accounts

CHARITY REGISTRATION NUMBER: 1197638

UK Ice Hockey Foundation Unaudited Financial Statements

1 June 2025

UK Ice Hockey Foundation

Financial Statements

Year ended 1 June 2025

	Page
Trustees' annual report	1
Independent examiner's report to the trustees	3
Statement of financial activities	4
Statement of financial position	5
Notes to the financial statements	6

UK Ice Hockey Foundation

Trustees' Annual Report

Year ended 1 June 2025

The trustees present their report and the unaudited financial statements of the charity for the year ended 1 June 2025.

Reference and administrative details

Registered charity name UK Ice Hockey Foundation Charity registration number 1197638 Principal office Community Stadium Sheffield Olympic Legacy Park Worksop Road Sheffield S9 3TL The trustees Lord Clifton Wrottesley, Trustee Andrew French, Secretary (Resigned 2 September 2024) Suneil Setiya, Chair (Appointed 2 September 2024) Paul Ratcliffe, Trustee Michael Townley, Treasurer Independent examiner Richard Brattle FCCA Robinsons Consulting Limited Chartered Certified Accountants 5 Underwood Street London N1 7LY

Structure, governance and management

The Charity is governed by its trustees.

Objectives and activities

The objects of the Foundation are the promotion of community participation in healthy recreation for the public benefit throughout this United Kingdom by providing facilities for Ice Hockey and other sports capable of promoting physical health and fitness.

In the year to June 2025, the trustees hired Kevin McLaughlin as Head of Development to design and lead the national growth strategy. The trustees adopted the UK Ice Hockey Development Plan, an ambitious and exciting initiative aimed at growing the sport, strengthening grassroots clubs, enhancing coaching and player development, and ultimately supporting the future success of the GB National Teams. The regional framework model establishes five delivery regions (initially rolling out across three regions), each supported by professional coaching and performance analytics tools. As part of the Development Plan, Kevin is authorised to recruit a national leadership team and regional coaches.

Achievements and performance

The result of the Charity's performance is summarised at page 4.

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UK Ice Hockey Foundation

Trustees' Annual Report (continued)

Year ended 1 June 2025

Financial review

The Charity made a deficit in the year of £92,120.

At the year-end, the Charity had surplus fund of £14,204.

The trustees' annual report was approved on .............................. and signed on behalf of the board of trustees by: SIGNED SECURELY

27/03/2026 at 1:49:24 PM UTC

SIGNED SECURELY

Suneil Setiya Chair of Trustees 27/03/2026 at 1:49:24 PM UTC

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UK Ice Hockey Foundation

Independent Examiner's Report to the Trustees of UK Ice Hockey Foundation

Year ended 1 June 2025

I report to the trustees on my examination of the financial statements of UK Ice Hockey Foundation ('the charity') for the year ended 1 June 2025.

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 Act’).

I report in respect of my examination of the charity's financial statements 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 examiner's statement

I have completed my examination. I confirm that no material 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 charity as required by section 130 of the Act; or

2. the financial statements do not accord with those records; or

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 accounts to be reached.

SIGNED SECURELY

28/03/2026 at 10:39:55 AM UTC

Richard Brattle FCCA Robinsons Consulting Limited Chartered Certified Accountants Independent Examiner

5 Underwood Street London N1 7LY

SIGNED SECURELY

28/03/2026 at 10:39:55 AM UTC

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UK Ice Hockey Foundation

Statement of Financial Activities

Year ended 1 June 2025

		2025		2024
		Restricted
		fundsTotal funds		Total funds
	Note	£	£	£
Income and endowments
Donations and legacies	4	50,000	50,000	150,000
		────────	────────	─────────
Total income		50,000	50,000	150,000
		════════	════════	═════════
Expenditure
Expenditure on charitable activities	5,6	142,120	142,120	43,676
		─────────	─────────	─────────
Total expenditure		142,120	142,120	43,676
		═════════	═════════	═════════
		─────────	─────────	─────────
Net (expenditure)/income and net movement in funds		(92,120)	(92,120)	106,324
		═════════	═════════	═════════
Reconciliation of funds
Total funds brought forward		106,324	106,324	–
		─────────	─────────	─────────
Total funds carried forward		14,204	14,204	106,324
		═════════	═════════	═════════

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 6 to 10 form part of these financial statements.

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UK Ice Hockey Foundation

Statement of Financial Position

1 June 2025

		2025	2024
	Note	£	£
Current assets
Cash at bank and in hand		41,384	106,324
Creditors: amounts falling due within one year	10	27,180	–
		────────	─────────
Net current assets		14,204	106,324
		────────	─────────
Total assets less current liabilities		14,204	106,324
		────────	─────────
Net assets		14,204	106,324
		════════	═════════
Funds of the charity
Restricted funds		14,204	106,324
		────────	─────────
Total charity funds	12	14,204 ════════	106,324 ═════════

These financial statements were approved by the board of trustees and authorised for issue on ........................, and are signed on behalf of the board by:

SIGNED SECURELY

27/03/2026 at 1:49:24 PM UTC

SIGNED SECURELY Suneil Setiya Chair of Trustees 27/03/2026 at 1:49:24 PM UTC

SIGNED SECURELY Michael Townley Treasurer 27/03/2026 at 9:56:51 AM UTC

The notes on pages 6 to 10 form part of these financial statements.

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UK Ice Hockey Foundation

Notes to the Financial Statements

Year ended 1 June 2025

1. General information

The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is Community Stadium, Sheffield Olympic Legacy Park, Worksop Road, Sheffield, S9 3TL.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Charities Act 2011.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

There are no material uncertainties about the charity's ability to continue.

Disclosure exemptions

The charity has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by the FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":

(a) No cash flow statement has been presented for the Charity.

• (b) Disclosures in respect of financial instruments have not been presented.

Judgements and key sources of estimation uncertainty

No significant judgements have had to be made by trustees in preparing these financial statements.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.

Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.

Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.

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UK Ice Hockey Foundation

Notes to the Financial Statements (continued)

Year ended 1 June 2025

3. Accounting policies (continued)

Incoming resources

All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:

• income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.

• legacy income is recognised when receipt is probable and entitlement is established.

• income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.

• income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.

Resources expended

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:

• expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods.

• expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.

• other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.

All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.

Financial instruments

A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs.

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UK Ice Hockey Foundation

Notes to the Financial Statements (continued)

Year ended 1 June 2025

3. Accounting policies (continued)

Financial instruments (continued)

Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.

Debt instruments are subsequently measured at amortised cost.

Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment.

Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises.

4. Donations and legacies

	Restricted	Total Funds	Restricted	Total Funds
	Funds	2025	Funds	2024
	£	£	£	£
Donations
Donations	50,000	50,000	150,000	150,000

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UK Ice Hockey Foundation

Notes to the Financial Statements (continued)

Year ended 1 June 2025

5. Expenditure on charitable activities by fund type

	Restricted	Total Funds	Restricted	Total Funds
	Funds	2025	Funds	2024
	£	£	£	£
Charitable activities	139,960	139,960	43,676	43,676
Support costs	2,160	2,160	–	–
	─────────	─────────	────────	────────
	142,120	142,120	43,676	43,676
	═════════	═════════	════════	════════

6. Expenditure on charitable activities by activity type

	Activities
	undertaken		Total funds	Total fund
	directly Support costs		2025	2024
	£	£	£	£
Charitable activities	139,960	–	139,960	43,676
Governance costs	–	2,160	2,160	–
	─────────	───────	─────────	────────
	139,960	2,160	142,120	43,676
	═════════	═══════	═════════	════════

7. Independent examination fees

Fees payable to the independent examiner for: Independent examination of the financial statements

2025	2024
£	£
2,160 ═══════	– ════

8. Staff costs

The total staff costs and employee benefits for the reporting period are analysed as	The total staff costs and employee benefits for the reporting period are analysed as	follows:
	2025	2024
	£	£
Wages and salaries	99,167	–
Social security costs	4,252	–
Employer contributions to pension plans	330	–
	─────────	────
	103,749 ═════════	– ════

The average head count of employees during the year was 1 (2024: Nil).

The number of employees whose remuneration for the year fell within the following bands, were:

		2025	2024
		No.	No.
£90,000	to £99,999	1	–
		════	════

9. Trustee remuneration and expenses

No remuneration or other benefits from employment with the charity or a related entity were received by the trustees.

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UK Ice Hockey Foundation

Notes to the Financial Statements (continued)

Year ended 1 June 2025

10. Creditors: amounts falling due within one year

	2025	2024
	£	£
Accruals and deferred income	2,160	–
Social security and other taxes	24,249	–
Other creditors	771	–
	────────	────
	27,180 ════════	– ════

11. Pensions and other post retirement benefits

Defined contribution plans

The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £330 (2024: £Nil).

12. Analysis of charitable funds

Restricted funds

Restricted funds
		At			At
	2	June 2024	Income	Expenditure	1 June 2025
		£	£	£	£
General funds		106,324	50,000	(142,120)	14,204
		═════════	════════	═════════	════════
		At			At
	2	June 2023	Income	Expenditure	1 June 2024
		£	£	£	£
General funds		–	150,000	(43,676)	106,324
		════	═════════	════════	═════════

13. Analysis of net assets between funds

	Restricted	Total Funds
	Funds	2025
	£	£
Current assets	41,384	41,384
Creditors less than 1 year	(27,180)	(27,180)
	────────	────────
Net assets	14,204	14,204
	════════	════════
	Restricted	Total Funds
	Funds	2024
	£	£
Current assets	106,324	106,324
Creditors less than 1 year	–	–
	─────────	─────────
Net assets	106,324 ═════════	106,324 ═════════

14. Related parties

Donations totally £50k (2024: £150k) have been received from the trustees.

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