Charity registration number.. 1200236 PLYMOUTH CITY PATRIOTS FOUNDATION TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025
Plymouth City Patriots Foundation Contents Page Reference and Administrative Detsils Trustees, Report Independent Examinerfs Report Statement of Financlal Acllvilles Statement of Financial Position Notes to the Flnancial Slalemenls 7-11 The followlng pages do not form part of the slatulory accounts: Detsiled Statement of Financial Acliviligs 12-13
Plymoulh Clty Patriots Foundation Reference and Administrative Detall$ For The Yoar Ended 31 August 2025 Trustees Paul Jarnes- Chairpgrson Martin Caruana - Treasurer (resigned 20110120251 Carl Heslop (resigned 2011012025) Kerry Bidwell (resigned 03109120241 Hglen Copson lappoinled 2011012025) Caroline Wesiwood (appointed 2011012025) Treasurer Martin CaTuana FMAAT Committee member Lisa Darcy Committee member Kris5y Dudley Committ80 member Amy Hopes Charlty Number 1200236 Prlncipal Address 3 Stoke Damerel Business Centre 5 Church Street Plymouth PL3 4DT Independent Examiner Callum Elliott MAAT Beverston Accountants Ltd 3 Stoke Damerel Busines5 Ctr 5 Church Street Plymouth Devon PL3 4DT Page 1
Plymouth Clty Patrlots Foundation Trustees. Report For The Year Ended 31 August 2025 The trustees present their report and the financial slalements for the year ended 31 August 2025. Objectlves and A¢tivltles Aims and Objectives The charity was established to create a community basketball club that would be available to children Df all ages. backgrounds. and abilities, giving them the opportunity to participate in basketball. The high demand for youth basketball participation was identified. and with the foTmalion of a new pro team. Plymouth City Palriols, the opportunity to have a youth dub that also provided a pathway to professional basketball was taken. The club aims to provide sessions across Plymouth and the surrounding area ar)d fuifils this by working with schools, colleges, and Plyrllouth Marjon University to provide the courts and facjlilies. By a¢hIng out 8cross the ¢ity and providing a variety of programs. the charity aims lo remove the barriers lo entry lor children. The club is a growing community of people with a passion for basketball. and it benefits from the support of volunteers. The Club can also develop the volunteers, skills and help them gain qualifications in coaching. refereeing, and table officiating. Public Beneflt The Iruslee8 confirm that they have complied with the requirements of Section 17 of the CharitiesAcl 201110 h8vè due regard to the Charity Commisslon's guidance on public benefit. Achievements and Performance Main Achlevements The 202>2026 season has been the Patriots most successful lo date, introducing more young people than ever lo basketball. ¢reating new participation opportunities. and strengthenlng the foundations required to develop elite athletes and enhance performan pathways across the region. The programme continues lo grow year on year. making a significant and lasting impact on basketball throughout Devon and Cornwall. During the season, the organi5ation delivered more than 2.000 hours of basketball activity across ils programmes, fa¢ilit8ting ovei 1,300 sessions. In total, over 550 children and young people engaged with Patriots activities. The Patriots further expanded its community schools programme through the appointment of a full-lime Community Coach and the ¢ontinued development of a structured player pathway. This pathway now includes Iwo Under-10 competitiv8 t8ams alongside established Under-12, Under-14, Under-16, and Under-18 age groups, providing clear prO9Ssion opportunities for aspiring players. These opportunilies ar8 available to both boys and girls and are designed to be fully inclusive, ensuring that players of all abilities ¢an a¢¢ess high-quality coaching. competition, and development experiences. Eleven teams mmpeled across National, Regional. and Local League competitions, dgmonslrating strong progression throughout the season and achieving positive results while gaining valuable experience al every level of the game. In line with ils commitment to inclusion and accessibility, the Patriots also secured funding to deliver basketball coaching within neurodiverse educational settings, enabling more young people lo benefit from participation in sport regardless of their individual needs or circumstances. ..CONTINUED Page 2
Plymouth Clty Patriots Foundatlon Trustees. Report Icontinuedl For The Yoar Ended 31 August 2025 Maln Achievements - continued The Club continues to invest in workforce development, with nine coaches 8chi8ving Basketball England Level 1 and Level 2 qualifications and len officials attaining Basketball England Level 2 referee certification. These achievements have strengthened the local basketball workforce arwj enhanced the long-lemi sustainability of the sport across Devon and Comwall. Collectively. these accompllshments highlight the continued growth, reach, and impact of the Patriots programmg both on and off the court. They reflect the Club's ongoing commilrnent to developing players, coaches, officials. and communities, while creating a stronger and more sustainable basketball pathway throughout Devon and Comwall. Financial Review Flnanclal Posltlon The Charity ended the year in a slrenglhened financial position, wllh nel assets increasing lo £10,928 {2024'. £9,451 }- This reflects a relum to a rllodest surplus for the year following the prior period deficit, demonstralSng improved financial stability. Cash balances at the year end were £17,58012024.' £23.2801. Whilst this represents a reduction in cash held, the position is SLJPPOrted by a significant reduction in creditors falling due within one year. which decreased to £6,65212024: £13.8291. This reflects irnproved working capital management and the settlement of outstanding liabilities from the prior year. Rasgrves Policy The trustees recognise the importance of maintaining an appropriate level of reserves lo ensure the charity can continue lo operate effectively and meet its financial commitments as they fall due. Given the nature and scale of the charity's activities. the trustees aim lo hold reserves sufficient to cover short- term working capital requirements, including facility costs. staffing, and programme delivery, while also allowing for unforeseen variations in income or expenditure. Al the sam8 time, the Iruslees are comrnitted lo ensuring that funds are applied in a timely manner lo support the charity's objectives and maximise benefit lo the community. As such. the level of reserves is kept under regular review lo ensure il remains appropriate to the charity's current advlties and future plans. The Iruste8s' report was approved by the board of trustees and signed on Ils behaW by-. Paul James Trustee 9 Jung 2026 Page 3
Plymouth City Patrlols Foundation Independent Examlner's Report to the Trustees of Plymouth City Patriots Foundation For The Year Ended 31 August 2025 Responsibilitles and Ba$1$ of Report As the charity trustees of the Trust you arg responsible for the prgparation of the accounts in accordance with the requirements of the Charities Act 20111"Ihe Act'l. I report in respect of my examination of the Trust's accounts carfièd out under section 145 of the 2011 Act and In Carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145{5}Ibl of the Act. Independent Examiner's Statement I have completed my examination. I confirm that no material matters have come lo my attention in connection with the examination giving rne Cause to believe that in any material respect.. 1. accounting records were not kept in rgspect of the Trust as required by s9Ction 130 of th8 Act", or 2. the accounts do not accord with those records.. or 3. the accounts do not comply with the applicable requirements Concerning the form and Contents of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'lrue and fair view. which is not a matter considered as part of an independent examination. I have Completed my examination and have no concerns gardIng matters11110141 listed above, and, in connection with following the Directions of the Charity Commission, I have found no matters that require drawing to your attention. Callum Elliott MAAT 10 June 2026 3 Stoke Damerel Business Ctr 5 Church Street Plymouth Devon PL3 4DT Page 4
Plymouth City Patriots Foundatlon Statement of Financial A¢tivitie$ ForThe Yaar Ended 31 August 2025 2025 2024 Unrestricted Unrestricted funds funds Notes INCOME AND ENDOWMENTS FROM: Donallons and legacies Charitable activities 12,717 82,105 4.671 179 11,060 86,905 2.583 52 Olhgr trading activities Investments 99.672 100.600 EXPENDITURE ON: Raising funds Charitable activities 17681 197.4271 12521 1128,9711 198,1951 1129,2231 NET INCOMEIIEXPENDITURE) 1,477 128,6231 NET PAOVEMENT IN FUNDS RECONCILIATION OF FUNDS: Total funds brought forward 1,477 {28,6231 9.451 38.074 TOTAL FUNDS CARRIED FORWARD 13 10,928 9,451 The notes on pages 7 to 11 form part of these financial statements. Page 5
Plymouth City Patriots Foundation ststement of Financlal Poslllon AsAt 31 August 2025 2025 2024 Unrestri¢ted Total funds funds Notes CURRENT ASss Cash at bank and in hand 17,580 23,28ri 17,580 23.280 Credilors: Amounts Falling Due IKithin One Year 11 {6,6521 113,8291 NET CURRENT ASSETS {LIABILITIESI 10,928 9,451 TOTAL ASSETS LESS CURRENT LIABILITIES 10,928 9,451 NET ASSETS 10.928 9.451 FUNDS OF THE CHARITY Unrestricted Funds 10,928 9,451 TOTAL FUNDS 13 10,928 9,451 On behaW of the board Paul Jarnes Trustee 9 June 2026 The notes on pages 7 10 11 form part of these financial statements. Page 6
Plymouth City Patrlots Foundation Note5 to the Finan¢lal Statements For The Year End&d 31 August 2025 1. General Infomiation Plymouth City Patriots Foundation is a charitable incorporated organisalion registered with the Charity Commission, registered charity number 1200236. The principal address is 3 Stoke Damerel Business Centre , 5 Church Street , Plymouth . PL3 4DT. 2. Accounting Policies 2.1. Basls of Preparation of Financlal Statsmants The fin8n¢ial statements have been prepared in accordan with the Charitles SORP IFRS 102}"Accounting and Reporting by Charities= Statement of Recommended Practice applicable lo charities preparing their accounts in accordan¢e with the Financial Reportlng Standard applicable in the UK and Republic of Ireland (FRS 1021 (effective 1 January 20191" Financial Reporting Standard 102 Yhe Financial Reporting Standard applicable in thè UK and Republic of Ireland. and the Charities Act 2011. The charity is a Public 8enelil Entity as defined by FRS 102. 2.2. Fund Ae¢ountlng Unrestricted funds can be used in accordance with the charitable oblectives al the discretion of the trustees. There are no restricted funds. Restricted funds can only be used for particular restrided purposes wlhin the chariWs objects. Restrictions arise when specified by the donor or when funds are raised for particular restrictad purposes. 2.3. In¢omlng Rosourc•s All charfty Income Is recognised in the Statement of Flnanclal Activities. Once the charity has entitlement to the funds, the income will likely be reIved, and the amount can be rneasured reliably. Incoming resources from grants related lo performance and specific deliverables are accounted for as the charity earns the right lo consideration for its performance. Other grants, where enlillement is not conditional on the charity's delivery of a specific performance, are recognised when the charity becomes unconditionally entitled to the grant. Incoming re50urce5 from other charitable actsvilie5 are accounted for when eamed. 2.4. Resources Expended Expenditure is accounted for on an accrual basis and has been classSfied under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headlngs, they have been allocated to activities on a basis consislenl with the use of resources. 2.5. Ca$h and Cash Equivalonts ash and cash equivalents are basic financial assets and include cash in hand and dgposils held al call wf(h banks. other short-lerm highly liouid investments that mature in no more than threè months from the date of acquisitlon 8nd a readily ¢onvertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts. 2.6. Taxatlon The charity is exempl from tsx as all ils income is charitable ond applied for charitable purposes. Page 7
Plymouth City Patriots Foundation Notes to the Financlal Statements Icontinuedl ForThe Year Endèd 31 August 2025 3. Income from Donallons and Legacies 2025 2024 Unrestricted Unrestri¢ted funds fund$ Donations and gifts Grants 420 12,297 5,080 5,980 12,717 11,060 4. Income from Charitable Activities 2025 2024 Unrestricted Unrestricted funds funds Coaching Fundraising events 80,370 1,735 86,904 82,105 86,905 5. Income from Other Trading Activlties 2025 2024 Unrestrictsd Unrestricted funds funds SponsoTships 4.671 2,583 6. Investment Income 2025 2024 Unrestricted Unrestricted funds funds Bank interest receivable 179 52 Page 8
Plyrnouth City Patrlots Foundation Notes to the Financial Statements (continued For The Year Ended 31 August 2025 7. Analysls of Expendlture 2025 Activities undertaken directly Support co$t$ (see note 81 Total Raising funds Support costs Coaching 768 768 2,691 2,691 94,736 94,736 95.504 2,691 98,195 2024 Activitles undertaken dlrectly Support Costs (see note 81 Total Raising funds Support costs Coachlng 252 252 1,079 127,892 1,079 127.892 128,144 1.079 129,223 8. Support Costs 2025 Support costs General admlnislration 2,652 39 Interest payable 2,691 2024 Support costs General administration Interest payable 1,055 24 1,079 Page 9
Plymouth City Patriots Foundation Notes to the Financial Statement$ (continued) For The Year Ended 31 August 2025 9. Staff Costs Staff costs We as follows= 2025 2024 Wages and salaries Other pension costs 44,916 36,040 531 44,916 36.571 No employees received employee beneffts lexcludlng employer pension costs) for the reporting period of more than £60.000. 10. Avorage Number of Employees Average number of employees during the year was.. 212024.. 21 11. Credltors: Amounts Falllng Due Wlthln One Year 2025 2024 Trade creditors Other creditors 6.106 680 1,089 Taxation and social security Accruals and deferred income 546 12,060 6,652 13,829 12. Deferrgd Income Deferred income movements in the year were as follows.. 2025 2024 Balance al the start of the period Income deferred in the current perh)d Amounts released in income from previous periods 12,060 12.060 (12.0601 Balance al the end of the period 12.080 Page 10
Plym04bth Clty Patriots Foundatlon Notes to the Flnanclal Statements Icontinuedl ForThe Year Ended 31 August 2025 13. Movement In Funds Asat1 September 2024 Asat31 August 2025 Expenditure Unrestricted funds General.. Ggneral unre$tri¢tgd fund 9,451 99,672 198.195) 10.928 Tot31 funds 9,451 99,672 198,1951 10,928 Asat1 Septembgr 2023 Asat31 August 2024 Income E¥pendiiure Urtrestricted funds General.. Genal unrestricted fund 38,074 100.600 1129,2231 9.451 Total funds 38.074 100.600 1129,2231 9,451 14. Trnnsaetlons with Trustees During thg year. remunerabon of £36.000 was paid to a trustee. Paul James. In respect of coa¢hing and operation81 services provided to the charity. The trustees are satisfied that this arrangement is in the best interests of the charity and that appropriate procedum were followed in 8pproving the remuneratlon. In addition. expense5 of £1.32S {2024: £357) were Trimbursed to Paul James. 15. Relatsd Party Di$¢loswe$ There have been no related party transactM)ns in the reporling period that require disclosure Page 11