Trustees’ Annual Report
For the year ended 31 March 2025
Charity name: Kent Panthers Foundation Charity number: 1201748
Principal address:
Gatton Cottage High Street Wallcrouch TN5 7JL
Trustees during the year:
Dianne Burns – Chair Nina Fielder – Treasurer Robert Bennett – Trustee
Objectives and Activities
The Kent Panthers Foundation exists to promote participation in sport, particularly basketball, and to support the physical, mental, and social development of children and young people. The charity delivers regular basketball training sessions and competitive National Basketball League (NBL) opportunities.
Achievements and Performance
During the year ended 31 March 2025, the charity engaged more than 300 children and young people through structured basketball training sessions and competitive NBL fixtures. Activities promoted teamwork, confidence, discipline, and physical wellbeing.
Public Benefit
The trustees confirm the charity operates for the public benefit by providing accessible and inclusive basketball opportunities for children and young people, including those who may face barriers to participation.
Financial Review and Reserves Policy
The charity’s income during the year was derived primarily from member subscriptions, with a small amount of other income received during the year. No income was received from donations or grants. Expenditure related primarily to venue hire, coaching costs, equipment, and competition fees. The charity held no free reserves at the year end. The trustees have reviewed the reserves position and consider this appropriate for the charity’s current operating model, with income being used directly to deliver charitable activities.
Plans for the Future
The charity plans to continue engaging children and young people through basketball, expand competitive opportunities, and develop partnerships with schools and community organisations.
Approval
This report was approved by the trustees and signed on their behalf.
DBurns Signed: ________ Dianne Burns Chair Date: 01/12/2025
Profit and Loss
Kent Panthers Foundation
For the year ended 31 March 2025
| Profit and Loss Kent Panthers Foundation For the year ended 31 March 2025 |
|
|---|---|
| 2025 | |
| Turnover | |
| Other Revenue | 213.45 |
| Sales (Revenue Income) | 127,866.72 |
| Total Turnover | 128,080.17 |
| Cost of Sales | |
| Cost of Sale | 73,271.40 |
| Direct Expenses | 1,680.39 |
| Direct Wages | 22,430.50 |
| Total Cost of Sales | 97,382.29 |
| Gross Profit | 30,697.88 |
| Administrative Costs | |
| Advertising & Marketing | 2,297.38 |
| Audit & Accountancy fees | 268.32 |
| Bank Fees | 52.01 |
| Corporation Tax | 34.00 |
| Education and Training | 4,210.00 |
| General Expenses | 1,067.12 |
| IT Software and Consumables | 2,883.73 |
| Meals & Entertainment | 514.16 |
| Motor Vehicle Expenses | 40.00 |
| Office Supplies | 240.61 |
| Operating Lease Payments | 7,042.80 |
| Parking Expenses | 29.78 |
| Professional Consultancy Fee | 5,019.10 |
| Rates | 859.03 |
| Rent | 706.00 |
| Salaries | 2,860.00 |
| Subscriptions | 422.67 |
| Telephone & Internet | 30.00 |
| Travel - International | 667.25 |
| Travel - National | 1,580.00 |
| Utilities | 22.91 |
| Total Administrative Costs | 30,846.87 |
| Operating Profit | (148.99) |
| Profit on Ordinary Activities Before Taxation | (148.99) |
| Profit after Taxation | (148.99) |
Profit and Loss Kent Panthers Foundation
31 Jan 2026 Page 1 of 1
Balance Sheet
Kent Panthers Foundation As at 31 March 2025
| Balance Sheet Kent Panthers Foundation As at 31 March 2025 |
Balance Sheet Kent Panthers Foundation As at 31 March 2025 |
|---|---|
| 31 MAR 2025 | |
| Fixed Assets | |
| Tangible Assets | |
| Furniture 123.50 |
|
| Office Equipment 100.00 |
|
| Total Tangible Assets 223.50 |
|
| Total Fixed Assets 223.50 Current Assets |
|
| Cash at bank and in hand | |
| KENT PANTHERS FOUNDATION 346.95 |
|
| Total Cash at bank and in hand 346.95 |
|
| Cash on Hand 290.00 |
|
| Total Current Assets 636.95 |
|
| Net Current Assets (Liabilities) 636.95 |
|
| Total Assets less Current Liabilities 860.45 |
|
| Net Assets 860.45 Capital and Reserves |
|
| Current Year Earnings (148.99) |
|
| Retained Earnings 1,009.44 |
|
| Total Capital and Reserves 860.45 |
31 Jan 2026 Page 1 of 1
Balance Sheet Kent Panthers Foundation