Cliarity registi'ation J]umbei' 1200198 (£nglaiid aiid W#l¢s) UHY Company i'cgislration iiuniber CEI 030092 TIII KERSLAKE ROBSHAW FOUNDATION ANMJALREPORT AND UNAUDITED FINANCIAL STATEI MENTS FOR THE YEAR ENDII D 30 SEI wfEMBlI R 2024 THE KCI RSLAKEI ROBSHAW fiOUNDATION LEI GALAND ADMINISTRATIVE INFORMATION Ti'ustees . C D C Robshaw Mi"s C Kerslakc Mi'c O'8hea Ms S Beipsantaiiiaria . E Bliss Ms A Beverley Mr O Dawson ' C Osbourn6 CharÉty Number (Ellgland Wales) 1200198 Coinpally nun)ber CE030092 Reglstertd office Bradbury House Mission Court Newpoit Gwent United Kingdoin NP20 2DW Independent examiner UHY Hacker Young Bradbury IIousE Mission Coul't Newpoi't Gwent United KTngdoin FJP20 2DW THE ICCI RSLAKE ROBSHAW FOUNDATION CONTENTS PAge Trustees, report IndepEndent examiner's r¢poit stateiiient of ffft&ncial activities Balance sheet Notes to the financial stateiknents 7-13 THE I(£RSLAKK ROBSHAW FOUNDATION TRUSTEI ES, REI PORT (INCLUDING DIREI CTORS, REIPORT) FOR THE YCIAR ENDII D 30 sEpfii MBCIR2024 The tI￿Stee5 pirsent their aiinual report and fJJianGial Statements foi. the year elided 30 September 2024. The financial statenienls have been pirpared in accoi'dance with tlie accounting w)licies set oul in note I to the fingiicial stateinents aiid coinply with the ehariws eonstitiition, tlie Companies Act 2006 and 'Accoui)ting and Repoiting by Charities.. StFLteinent of Recotninellded Pi'actice applicable to charities pi'epai'ing theii. accounts accordance with the Fiilancial Reporting Standard applicable in tlie UK and Republic of Ireland {FRS 1021 (effective l January 2019}. Objectives and actRvilies The objects of the chai'ity al'e to advance in life and help children and young people thiDugh the prov2sioii of fll)ancial support: to eiiable access to recreational and leisure time activities ￿'0vIded in the inleTest of social welfa￿, designed to iknprove their conditions of life- foi. activities which develop their skills, capacities aiid capabilities to enable tbem to participate li) society as ature and responsible individuals. Aims of the charity The Kci'.%lake Robshaw Foundation exists to build a society in whieh all young people, regai'dless of their backgi'ouTLd oi. ctiruinstan¢e5, can eni'kcli theu. lives thi￿Ugh the l¥ansforinalivc powei. of Inusic and 5poJ'I. Oiir Inission is to be an effcctiye, iesponsive fundei. by paitnerin£ with innovative oi¥anisatiuns that are creating illeaningfiil oppo1.￿nitIeS foT childrcn and young people aged 5-25. We believe that a¢¢ess to music and 5POrt shciuld not be a pi'iviiege, but a right- onc that support5 physical health, emotional wellbeing. and social inclusion. We're tominitted to supportiiig two k¢y areas.. Projects that use illiisic and sport to provide therlipy and h'auina re¢oYeiy foi. young people facing advei"sity. Projects that bl'eak down ban'iers to participation, ellSUTing all young people, no matte￿. thell. cii'cillnst8nc¢s ¢an ac¢eg5 the benefits. that illusic and ¥port provide. Publie benefit The tt'uslees have paid due I'egard to guidanG6 issued by the Chai'ity Coinillission in decldll￿ what activities the charity should undertake. Aehievements and performallce SignFficaiit ll¢iiviliaY andac17ieJpe13penls ogaiiisl objectives In 2024, the FouiidatiDll Colitiiiued to grow in both ￿￿ch 8nd impact. We coinpleted two giynt rounds diiring ￿le year, awarding just undei. £IOO,000 in funding to ten rrlliarkable organisations delivcj'ing liflweni'ichitig piDjects for young people im'ough InusiL Élnd 5porl. We were Pfoud to 5UPPOTI a dive17e range of initiatives.. froim a women and girls, coiiiinunity football club dedicated to creating ineaningfLiI opportunities in both spoi't and life, lo a pi'ogramme sUPPQI'ting childi'en with special educational needs, fostering ii)¢lu5lVt access to mysic and inove]nent lo enliance both physi¢al and Inental wellbeiiig. Each of the organisations we fund 5hai.es our deep belief in t116 Potential of yoiing people 8nd the impoitance of safe. supportive spaees wheiE they catL thrive. Ainong the oi'gatLisations suppoited was Loiidon Youth Choirs, a vibi'anl ch?I'ity Coininitted to delivei'ing musiettl excellence aiid driving Social change aci'os5 the capital. The FoLindation is pi'oud to suppoi't LYC Experien¢e, the oliarity's outiea¢li pi'ogratnme woi'king ill state schoo15 and undei'served coininuniti¢s. TTru'oiigh free workshops. Singing Asseinblies, and intei¥eneralional IbCome-ai)d~Sing" days, young people are invited to pai'ticipate iii chor31 s1llg￿g in setting tI￿t is in¢lusivE, encowzging, and joyful. We Elso supported Rise Above Bai'i'ie13, a Bii'l￿1nghatt]-ba5ed chaiity foui)ded lo einpowei. yoiiiig peoplc facing sei'ious cliallenges tlial hiiider theii" abiltty to fully eiigage with education, society, and personal developinent. The Foundation's 81.aiit fLinds a Box Fit PlD8raiiiine, which Iises the disciplii)e and structure of boxii)g to suppoit yoiing people at I'isk of school exclusion or vuincrable to anti-50cial behaviour. The PToje¢t fosters self-confideiice, resilience, character. and respect. equippAng you5]g people with the tools to navi2ate life positively and build a bettei. future. THE KII RSLAKEI ROBSHAW FOUNDATION TRUSTECI S, RC4 PORT (INCLUDItYG Dniri CTORS, REI PORT) (CONTINUED) roR THEI YEAR EI NDED 30 SEwfEMBfiR 2024 Lookiiig ahead, we aiE eaBei' to coiTrtiiiue oui. jour116y Wlth the incredible or£anisations we have supi)oited Ihis year. We view oui. relatioi)ship with gi?ntees as a genuit]e paitiei'ship. oiii. role is to bei've them, i)ot tlie otki. way ai'oui)d. WE a150 look foi'ward to welcoiiiing iiew, innovative organisatioiis that ali£ii witli Olll. core belief.. tliat young lives can be transformed tl)rough the power of music aiid sport, aiid that every yoiiiig p6ison, Irgardless of backgi'oiii)d, shoiild be able to aceess these opportuntties. We remain deeply grateful to all who have suppoited the FouTrdation during its fonnative y¢ai¥. The geiiei'osity and encoiiYiEeinciit fi.oni olli. supporters have enabled us to Continue tliis iiiiportant woi'k and champion a fijtui'e where all youiig people can flour2sh. Fin#iieial review Dui'ing the yeai. the chai'ity's incoming resouires ainounted to £52,672 (2023 £190,593) and irsoui'ces expended ainounted to £125,507 {2023 - £28,395) resiilting in a deficit for the period of £72,83512023 £162,198}. All filc￿￿8 and expenditure in both the Curi'ent and prioi. year are iinrestricted. As at JO Septeii)bei' 2024 the charity's reseTves totalled £89,363 (2023 £162,198) consisting wholly of u￿￿estrIcted If5erves. Re5ci'ves poliey 11 is the policy of tbe charity that IllllEsts'icted funds which have not been designated for a specific use sliould be E]ia]i)la￿ed ￿[ a level equival¢nt to between three alld six inoiith's cxpenditlli'e. The trustees consider that reserves at this Itvel will ensure that, in tlie event of a significaiit drop in fiindin2, they will be able to coiitinue the chat'ity's cui'rent ctivilies while Lunsideixlion is Biven to ways in which additioiial futtds iM&y be i'aised. This level of Yesei'ves ha5 been m8ll)tained throughout the year. Plarts for future pci'iods The charity held a Cl)ristn)as Liglits Trail alld Chi'istsnas Gala Event shortly aftEr the yeai. end, which raised £10,000 and £16.5,082 of donations respectively. This will iinpi'ove the charities funds balance and allow il to cai'ry out inore ch8ritablc activltics in futui"e periods. Structure> goveriiance and maiiagement The cliai'ity is a charitable incorpoi'ated or¥anislion controlled by its goveriiing documEnL a constitution. The ITUStees, who air also tlie dii'ectoi's foi. the PUiPD5e of compaiiy law, and wl)o s¢¥ved diiring tlie year and up to the date of signature of the fiDan¢ial stateinents wei'e.. Mr C D C Robshaw MY8 C Icerslake Mr C O'shea Ms S Bei)santamoria Mr E Bliss Ms A Beverley Mi. O Dawson ' C Osboui'n6 Reci'iiittncnt and appointment of trustccs We kilow great Ii'iistee boaids have a range of trustees with different professioual baekgrouiids, ski115, personal experiei)ce, and points of view. This year we iittderl(iok ali audit to help iindeistsnd oui. Liin'enl ￿.￿S(ees, skills aiid experieilce, li lielped identify gaps which in turii helped io recniit oui. iiew trustees. kn selectillg individEia13 for appoiiitti)ent as chai'ity trLlStees. the ¢haiily tiwstees mLtst have regai'd to the skills, knowledge and expei'ience needed for tlie effective adininisti'ation of the chai'ity. Upon appO￿tment all 1iUStee5 a￿Te aiid sign a TiiisteeRole Desci'iption, agree and sigi) the Chai'ity Coinini5sion's Tiiistee D6claration (as pait of signing tlie Th'iistee Declaralioii, they have iEad aiid lilid￿Et0Od Ilie Chai'ity Coininissioii's Safegiiarding Guidance, lastly they agi'ee and sigii oui. Conflict of Intcrest policy, Apart fi-oin the first cl)ai'ity ti'ustees, every ti'ustee niiist be appointed for a terin of foul. years by a I'esolution passed at a piY)pei'ly convened meetiiig of the cliai'ity kniisiees. THC KERSLAKE ROBSHAW FOUNDATION TRUSTEES, REI PORT (INCLUDING DIREI CTORS, REPORT) (CONTINUII D) FOR THf YEAR ENDED 30 SEPTCI MBEI R 2024 Oi'gaiiÈsational structure Tlie Kersl&ke Robsl)aw Foundation is Jiiti by ali expert, passionate teain including oui. Trustee Boai'd, oui- Foundatioi) Diiectoi. and of coiirse our Co-Fouiidei's. Chris and Catiiilla. Their are thTee designated posts which have main resptsnsibilily of tile charity'5 aff&ii'5' tljese are Chairinan (this positioi) is held by Mi. C D C Robshaw), Directoi. (tliis position is held by Mrs M G￿y) and Tredsuiei. (this is held by Mi. E Buss). The triistees delegate the day-to-day Inallageillent of the charity to the Dii'¢¢toi'. Everyone involved iii rut]aing and govei'nillg the Kei'slake Robghaw FoLiiidalion believes in oui. vision of a SOGiety in wl)ich all yoiing people can et]i'i¢li thell. lives thi'oiigh iiiusic and spoi't, no inaller what theiy backgTound oi. situation. The trustees Inake the final decisions on grant applications 2nd take Icgal responsibility for graiit-Iiiak￿llg. The trllstees, Itport was appi'oved by the Board of Ti'ustees. uss 'ustte Date.. THf. KERSLAKE ROHSHAW FOUNDATION INDEI PENDEI.NT EI XAMINEI R'S REPORT TO TIIE TRUSTCI ES OFTHE ICEIISLAl