Stadium Charitable Trust Report of the Trustees and financial statements For the period ended 05 April 2025 Re6lStered charity number 1202552
Report of the Trustees Key management infonnation Trustees, statement of responsibilities Independent audltor's report Statement of Flnancial Activllies io Balance sheet 12 Statement of cash flows 13 Accountlng pollcles 14 Notes to the financlal statements 17
Aepvrtof $beTrS
F1h¥èreThded 5Aprf52025
The Trn5tee5 pre5eMt Ihelr report and finantialstatsmpnrslor tYeAr ended SWI 2025. Thetinantknlsiatemefits have
PT¢p3red kn ac£orthntt withtheaccount1nipvlirSt0Ul in no$ the fiDancialstatttThEnt5andromptywiih the Charlty58u¥ernlng
documenl. the thariiies Act 2011 ar.c[0tIThs ad Aeportin8 bythariiiÈS.StateJnentof RÈtOrnmended PractkeappIKabletoch3dl&
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Repgrtof theTfusLee5 FortheyEaT Ended SApii12D35 frustructtsre ThE charityrecwi15e5theval tsf In1[astrteL¥ZJnIThs resÈarth de%10pt?ncD1al)ra11¥e Ileulth &S0¢}qlCwe In theyeartheChaFIty SUPPDtreJ HulL Easiy05.rard ShEd lrth15themE.Thi%lnded twodoD3UonStotallln8 £65AmtD FkySmlleFoundaiion and Éis.fAY)toHouseol Lhr. FemaleHeLTIth& Wd&Btlry A theme was IdEntilied spec11?1 of health and We]1-bel of thelr lamW kn I1 & Ext Ywk5hlre. This work has seen the thèrlty enga82 wlth marp thèn 20or8anlt10Th5 In the area and the has beEun to l¥esi In researc PNnl0d core costs. Giants In thbtheme Induded 6 dofiation 01£14.42910 HER8KeaSt Finljan0iher8NO{q66$ioll UnNer5Ky. IheLhèilTycecwllises[hevalwvltsuslvJvlIIWIkni>IlieiIY sILuèlbx4&TheTnccsMdt•doMlTh off È44)COto thDEC. Mldd E351 appeal dvrtn8 the war. ThE ibove Is not an Ilsi and pothlve coD¥er54kns¥ie tsklnipe ery rnanth cornrnurth leat1ers kn ow I5 of Interest and Identllled theme5. Th¢TfUSteeswtshtOxor11lVrtln1IYex51n hnevAth Y1nuPpIky. ¢i##i mèklni pdlcv Th2 CharlLy his EStaNlshed $an1 rnakiwpdkyio•thlvrfe115 obJecifv&lorthepubllcknplll has Mrmalfy onlymade yant5toothe reB151erÈd charltlesor lool benelliCaU5e& Thtth3rllythaaryopted apFdk4rt5frYJma wbJeiary¢Jf partlÈstsuL hisieDer)ltysouihtto mak¢ datIonS1o10[OI i•useswheretheTw5tos lIÈ1 Ihtycan rnake rrla11Ie1erKe. TheTrustEt$ wnslderthtcorethfft$fty •$5•ssfirt ofse£tor51or&WWStobeasfo•M.' -VoluntEèMI -Chlldren andyoun8 pecp - EmpbJymeDt - Flnandalsupwi . Equjllty, &trI1¥and aesSIbinty Healthlrnedlul 915aSterlunds - L¢ul commuthltysupwtwnbrnl ¢harlti•s AChI•¥ts4Tr P•rfombaNe The ¢harlt¥ has suip?$5ed Its 8rani 8Mni from the wrAouS bthtfor anMIBrwl8kdn8whlth has been met. The Trustee$ are happywlth thÈ scal•and PKof ltswpp%t iocharftatle oriohiilotssthkhrneetK501¥edhs. FIhAndalrIe TheChaiii¥doesnotaCtIy$t¢k d¢naiiM5 fr0rnthewI¢dIIM5C(ur1UethtChèlV0r15lIrtQd byeaS lourtders.IhroLth thE prtlul steward5hlp 01$resOurce5. The total lundshev bythÈCharNyèt the endolthpiEporUn4noJS£9,684.2?5o1WhIth Enll was held In re5trlciedfvnds. ThEre ?rt na mateclal amountswhich ha¥È bEen spe(fvltyde51yaied orotheThJlsecDmmltied asaitheeNI olthe rewtln8perfodalbÈtt the rfustees have madp InfotrnalcOrnrnltmeM5to lundlniolthEr£l.75m tDvad0ts50r8ani54tkn51nlinewlth thelhartVsobiecti¥es, Resèrves pollrv ThE Chatltydoe5 not have a pollcyrequlflwaDV wMDrtS1 be 1 In rE3errtsdue ttrthÈnnThErk1whtheCarfiYl5 lunded ltyone olf dondtlonsl. A>thetruStappioache5 the endof itsresoursIiW1llrelu1IYrn3aeeltsrv.seÈ£ to En5uieany CQrnTnlttedlundln8£anbe m&L TheTiu#¢e5 wlll a1WudÈrthpo1oTha1theIeI0ssth NWIWof5ocUrinAartylurthn1Oft STADIUM (WITABLETRU5t
Rerx)rtof theTrusteÈs For the year ended S April 2025 Investmètbi pollry TheTrustees have wide powers of investment and have lollowed a straiegy of in¥ertln8the majority of its fund5 with CCL Investment Manègetnent timited (Churches, Charities and Local Auth¢11&$>. The balance of funds are held in cash to cover expected exndItUre for the nÈxt three years The Trustees selected CCLA as rhe investment manager lor the arity. fdlowinE advice and a 5elettion prOsS run by an external investment consultant. TheTrustees weTe impressed with the historic performanceof CCLA but also congidereé thatthe selectlon of a speclalist ChaTlty investmÈnt manager would bring additional benefits in temis of general tiustee tralningi networkln8 etc. In addltiDn the Trustees weFe partIcal drawn to the ethKal inve5trnerbt fund that CCLAoffered, whlch is aligned to thecharity's objertives. CCL4 have a tar8eT reium of LVl+4%. net of all charges and fees,o¥er a 5 year rolling period. Plan$ forthe future The. Trustees plan to Ealn a deeper under5tandlnt of the challenges faced by local organisations that they suPrt and have a medium term goal to Increasethe level ol annual donations made. The TnJ5tees apweci8teth3t Ihls will shorten the life ofthe Charlty glven that it does not rd15e funds btst thtyfeel that theycan make more of a dlfference vAth more rapld deployment of Its funds. ConveTS10Tr to a Charltable Incorporated OY8anlsatlo The Stèdluin CharlrablpTrust IS 3 Charity ihat was registered In EnAland and Wales OTh 30th March 2023 wlth Chadty number 1202552. The Chsrliy wa5 formerly constituted under a deed dated 16 October 1989 wlth re4lstereLI number 328522 and was converted to a Charitable Incorporated Organisaiion iaoi ?nd 6$ now80vmed by Its constitutlon dated 30 Mèrch 2Q23. Structvrei governance, and management TheTrustees are recrulted by resolutlon of iheTrvsteès. The ConstitutTr reqthat In IdentlWn& fecrultlng and selecting Indlvlduals for appolntmenl as Charlty Trustees, the CharitYTntee$ must have regard to the skjlls, knowledge and experlence needed for the effective administrarion ol the CIO. TheTiustees are responsiblefor mana8ln8 the affairs of the CIO, throu8h maklng grants ind rn8nag1 the ernployment ol sraff as netessary. The Charlly ha5 a consultancy agreement with a very experlenced Grant Manager who has Worked In the local area for number of year5. role15 to provlde Informed advice to the Tiustees and to provlde a link Ltween funded organlsatlons ard the Trustees, The Grant Manager carrles out rese•rch and due dill¥enceof charitable organisations. appea15 and Pfoje¢is to ensure they meet thetharitable alms and objectives. He provldes strateBlc supw)rt to the Trv5tee5 enabling contlnuous development ensuring the Trustee$ are kept Informed of their responslbllities and anyre8ulatory chan8e5 alongwith broad knowledgtrof the charitable settor. The Trustees have a5sesseé s8le8uardln8 requirentS and best practiceln thls re8ard. It is feltthat duÈ to the waythe Trustees assess grants, the majority of the tlmetheTrustees will rt come intotontact th anyone wlth vulnerabllltles. One Trustee h35 sale8uardSng training and a safeguaidin& policy is in place. TheTrustees recelve no remuneration lor their roles. TheGrant Mana8u recee5 a flmed annual sum paid bythe ChaTIty, NewTrustees may be appolnted at anytlme by the widow of the oriBirbal Founderof the unincorporated Stadium CharltableTrust but always ensuring that thetotal numberof Trustees shall not be less than three or exceed nine. STADIUM CHARtrABLE TRUST
Key management inlormatlon For the year eThded 5 April 2025 Key mana8ement personnel remuneratlon The Trustees consider the Board ofTrustees as comprislne the key management personnel of the Charity in charge of directing and controlling ihe Charity's aSSQts and affairs. and runningènd operating the Charity on a day to day b35is. All Trustee$ 8ive their tlme freely and no Trustee received any remuneration for their Trustee services durIthe year. References an Administratlve detalls ot theTru5t its Trustee5 and Advlsors Trust Name stadium CharitableTrvst Charlty Re8lStration Number 1202522 Trustees A Rozenbroek ASFlsh S A Maxev Re8lstered Offl(e Welion Grange Welton Brough East Yorkshire. HU15 INB Investment Advlsors Flnandal Management Umlted Sollcltors Womble Bond Dlcklnson LLP The Spark Drayman5 Way Newcastle Hellx Newcastle Upon Tyne NE4 5DE Accountants Arnistrong Watson Audlt Llmlted Yk House Thornfidd Business Park Northallerton DL6 2XQ bankers HSBC Bank pl 34 Jarne50n 5treel HUI 3JX Sarrtander UK 2 Triton Square Regent's Pla(e London NWI 3AN STADIUM CMARITABLE TRUST
TtV5tee5' ststernentof rESPQn5ibS1itS Forthe year ended 5 April 2025 Trustees. statement of respon5ibllibes TheTrustees ofthe CharY are responsib52 for preparlngtheTrustees' annual reptht and the hnancial statements In ¢cordÈnte wlth appllcable Liw and Unlted K¢nEdom Ar£(wntingStsodaTd5 IUDitd KiD8dom Generalty Atpted Accountfjrsg Pradlcel. The law3pplicable to charkles In Enelandand Wales reqLtlresthe Charityto prepare h"nonclol Ststents foreach finallc)al year whlch ghe a true and falrvwolthe state of 4ffair5 of the Charity and of the Intomln8 re11rCeS and applICaOn of resourcesof the Charlty fovthat year. In prÈparlngthese flnancfjal stateMts theTnteeS are requlred to.. select sustsble rKcouhtlh8 polklesand then applythemcoThthntty; observethe methods and prlnclples Ott awrftyesSORP; makeludgements and tstlm•tes that are reasonableand prudent: 5¢#tÈ whetherappllcabte UK ac£ourtlnBstsndards hav& tren fr>llo%%d. Subje to anv materlal departures dcloSed andexptalned lth the financ1 statemersts.. and preyre iheftnandal Statentson the gokngconcem basls unkn It 1$ lrt•pproprf•teto presume rhat the Charlty wlll contlnue In t51neS TheTruste•s Ire SPOnSIb for keeplTh8 prwraccouDtlng rKrrtd$ th•t•rÈSuffntIts Showand explèln the Charlty. trnns8ctlons and dlsclose wlth reasonable accvrècy at •ny tltrthe flt)ènclal posltbn of the Charftyand enable them to ensure that the Ilnanclal stotements compty wlth the Charlties kt 2011, the apICab Charltle5 (Accounts and RepDrtsl Regulatlon5 and the pro¥lsh)ns of theTrust Oeed. They are also responslblefof Sal4rd1118 the assets ol the Charityarsd hence for takln8 reasonable step5 for the weventbn •nd detectbjn of fraud and other Irregularths. In so fara5theTN$teesare awarv. There 1$ no rele¥antaudlt Informath)n of whkh the Ch•rfils •udltor Is Unawaand. The Trustses have tsken all st•ps that thtyouahi to havetskento makethemsefves aware of any reW7nt I11t lfilormètlon and to estsbltsh that theaudltor154wareof that Informatlon. The retK)rt was approved bytheTru5tees0th 2oz£ and sned on thelr halfbY:_ ASFtsh SA Maxey ChairotTwsteÈs STADIUM CHARtTABLETRusr
AudltoVs reportto theyrusteesof the Stathum ChitableTru Opinlu We have audlted thefinancial statementsoisiadwJm Charitsble Trustlthe'fWtsble¢omparflfoTthe Ye•reIed SAprfl 2025 whlch comwise the slateTht Df ri711Actwltie5. Balance Sheet. Statement of Cash Flows and notss to thÈ finanrbl statErnenlS, Includlngo sufflmary of sv&nillc3ni polliie& Thpfinarrial ¥eportitigframework that ha5 been applied In thelrpreparadoA 15 appllcable law and Unlted KingdomAccouniinE Standard5, [lUdIng Finaal Reportln8 5¢arKlard 102 The Finaniial REportin8 Standard appllcable in the UK1 Repu of IrelandlUNtrd OGe11yAcpted Accwntir¥ practe1. In wroplnlon theflnandal statements.. Ive a true and falr vlew of the State of the chartvsaffalrs as at 5 WI 2025 and of it5{n8 re50tyrces and applltatbn of rè50urets, Intluding irwme and eNpeNJitwt,fortheYeard ended: have been properly prepared In ac¢or&¥ewithlJnlted KIthm fnÈrtyN¢eepted lu¥Jnting Practice.. ond have been properly prepared In tcordarLewiththe Tequlr•hEfits of the Ch¥lths Act 2011. Basls for oplnlon We conducted our awjlt In 3ccordancevAth InrernatlDnal Standan15 on Audltin8 IUKI11&4s IUKII and appllcaL4e la%¥. Our resPOn51bllltles und@r tknse siatvjards arp furtherde5cribed Irnthe Audito¢s resptsnMbllltlesforthe audir of the Ilnanclal siatemenls 5eciion ol our rewrt. We ire independent ol cTr]arity In ac01rdarKe4¢h th& ethical requlrementS thai are relevant toouraudlt ol the f]naficlal statements In the UL Intludir¥the FPC'S E1 Standard, and we have luifilled ovrother eihlcal fesponslbllltles I acceidance. with those requlroments. We bellevÈ that thEadI¢v41efi¢e hm obtaird Is suif¢dtnt and appropnate to prodea b4515 forour oplnlen. Conduslons rel•iint to¥olTr8conuin In audltir6 the flnarKkl Statements, we havecanduded thai the Ite¢Sse01 the plnlconcom b•51$of accounfjng Sn the preparatlon of thellha#thl statsments lsapwoprfate. eased on the 4ork we hove perfoimEd. Iio¥e Thjt IdentlflÈd any maiertal uncert8lntles relatlnl ro evenrs or condltlons ihat, Indivwually or ¢ollectfvel¥. may£ast 5i8nifkani doubt on the CrItSabIll1¥ tocantinue asa gosn8corern for a perlod of at le•5t twelvE months frorn when theflnBn¢ial statements ¥eaUtrised forSssue. Our respoNlbllItS and the re5ponslNlllle5 of the trusteeslth reSPECt to801cOnCernI1e descriw In releva sectlon5 of Ihls rep(yt. ADIUM CTri4RrrABLETRUST
Indepldenl audiio¢srewL ForthEyearÈndÈd 5 Aprfl 2025 Other Inlorfflatio The other informatlon ¢omprise5 the informafjon indudEd in the reportoff thetntStees, Otherthanthe finèndal ststements and ou¥ auditols report thereon. The trusteesate responglble for the otheTinlormation CLtaIned Within the rerA)rtof the tru5teE5. Our plnlon onthefinartial statemenisdoes not coverthpOtr inlurmation and, tothe extent0the5E Exp1kir stated ITh rur report, wedo not expressany form of a55uratKe condush)n thereon. Ourre5pon54Nlity isto read thÈ other Informauon aThJ, in doing 50, i¢nslderwhether the other irif0TmatTh is matÈrlal¥lncon5iStentwiih the finarkl statementsarour knowledge obtained in the course of the audit, orotherwiseappears to be materlally mi55t¥tEd. If we k4entify such material Incons15teThies or apparent material mlssiatemenis, we are requlrod to Lletermlrte whefvrthis gives rise to a rnaterial mlsstatÈmeJlt in the financial 5tateTllents themselves. If, based on thewoikwe ho performed. we condudethatthere ba materkil mlsstaternent olthisother information, we are required to report that fact. We have wthlTheto report inthis rewd. Matters on whlch we are requlved io roport byexceptlL¥b In the IIBhtofthe kno%edge hNI un&rstsndlngolthethaiitablecompawand itsenft?nmentabtsIned in theeourse of the oudl( we have not identlfled material m15Statemonts Inthe report of rhe tyusteek We have nothin{ to report In respert of fv follow1r maiteys Inrelaiion towhlch Ihe Charthe5 IAttouts and Report51 Be8ulation5 2(M18 requlre us 10 report to you If, In ouropknion- adÈouate 4ccwntln6 rteords have not been kept. or retums adequateforour audlthave been refved frum branche$ not vlslled by us,. or Ihe flnancl81 $tementSare not In b8reemertt vhihthe r2Eords retums-lx we have noi recdvedau Informallon and explanaikJn%we require lorouraudlt. Re$ponslbllltlesaltrustus explalned mere lully th¢ Iste¢ rÈspoMSbllltles statsmEnl Sét out on pay 5, the Irusteesare respDnslblE for the preparaiion of the Ilnanclol stalemènts and for beln85atlsfled thal they $e a uue and fair thew, for such Intem81 c¢)ntrol as the trustEeS determlne Is necessaryto enawe the preparaiknn of finarrial statoments thatare fth from materlal misststemeni, whetherdue io fraud or error. In prpparlnBthÈ IInaal $tar¢ftnts, the trusteesareiesponefOl4ssesslfiBthPchèrll$ aty to contlnue 15 • 80lniconcern, dlsclosln& ès appllcable. rTratters related to 8oln8con¢wnand usithe goln8 concem basls olaccountlnl unle5$ the trustees elther Intend to nquld4te the charityorto ¢eaopenllOns.o1s*ffto rea1511c atternalhe bul to do $0. STAUm CFLIRITABLETRU5t
Independeni audiitys repTrrt FNthe yeaTeTrded 5April 2029 Auditorfs responslblliti25 lor the audft ol the financial statements Ourobjoctives are to obtaln iea50nable a$5urance atKxJtwhether ihe finantsèl statements a5 a whole are free from material rnlsstatÈment, whether due to fraud or error, and to Issue an aoditorfs rewrt that includes tyjr opinion. Re450nable assurance is a hlgh level of assurance, but 15 not a guaiantee thatan au(kt conducted in accordantr With ISAS IUKI will 31ways deierta material misstaterfnt when it @xisis. Mi55tatenEnts can adse frotn fraud orerror and are ton5idefed mate¥lal If, Indlvidually or in the aggreeate. thÈy could reasonablybe pxpected io lrbfluErthe econom dedslon5 of users tsken on the basls of these flnan£ial Statements. Irregularltlps, illcluding fraud, are instances of rth<ompliance wath lèws and wegulations. We deslÉn protÈdure$ in line wlth our reswnsibllStles, ouilined above, to detert materlal mtssraternents In re5PECt ol IrTeguJarlts. IncludÉng fraud. The extent tD whlch ovr procedures a capabte of detectin8 IrreguL1rtt Induding fvavd Is deta51ed below.. .Tli¥ ll¥d¥¥lll¥lll Vdrlrlr en5vred ThaT rhe en8a8Èrnent ream coith%ty had theappfopriaie compÈtÈrKe. capabllltlps and skllls to Identlfy or reco8nlse norbc0mp1nce appIable lawsand rÈ8ulatlM5; We obtalned an understandlng of laws and re8ulaiion5 %Yhiih we considered may ha%t a dlreci materlal eNect on the flninclèl statemènts or the opera110Th5 of the company. indudinc rhe tharltie5 A£tand anU-briberyle8L%latlon.' •We enqulred of the trtsstees and revkwed correSpondere wlth HMRC fOrdere of rKJnomplhrKe wth relevant laws and regulatSons. We also wewed controls Ihe tNstee5 ha¥e in ple to ensure compll3n¢e. We 8alnd an understan¢lng4Jt the controlsthat the trustees have In pLtte to preventand detettfr4ud. We enqulred ofthe trusteÈs obout any IrKlden¢es of friud th had taken placedurtn8 the actountlng ped¢xl. •The rlsk of fraud and non-compllance wFth laws and redUtionS and fraud was discussèd wlthln the audtt tÈam and tests were planned and performed tg addrÈss these rlsks. We Idend ihe potsntial foi Ifaud in the folbwlr4¥ areas.. Incornln8 resoyree5 and management overrlde of controls. •We re&We financial statements db¢105ures and tesiedto sUprtI[¥docUmÈnt#tloTh toa55e5s ccmpllince wlth rekvant laws and re%ulatlons dlscu55ed above. •We enqulred ol the trustees about a¢iuil énd kni111 and dalrns. We performed analyNcal Pfotedures to Identifyanyunu5uoI or une¥pected relatlofishlps that ml8ht Indl¢ate rf$ks ef materlal mtsstètement due to fraud. •ln 3ddresslng the rlskof fraud de to managemtnt trrride of Iniern41rontrols we tested the approprlateDess oflouinal ?ntrles and assessed whether the judgements made In makln8accounting estlmaies were lThdl(ive of a potentlal blas. STADIUM CHARITABLE TRUST
Independent auditor'5report FDrthe year ended 5 April 2025 Because of the Inherent lirnltatlons of èn audlt. there Is a riskthat we will not detett all Irregularlbe5, Iuding thrise leading to a rnatprial misstaiement in the fin3r131 ststements or norFcorrwliance with rÈgulat%on. This risk increases the more that ornpliancÈ with a law or reEuLition 15 removed from the events a1 trdnsactiDn5 reflected In the flnanclal ststements, 3$ we w511 bÈ less likely to become aware of &nstances of norb-compliaYKe.The r15k 15 alsogreater regarding 5rreEularitses occurrinE due to fraud rather than Èttor, as fraud invofves Intentional iorKealment. fforgery4 CY)IlJ5iDn. omisslon or mlsrepresentation. A further descriptlon of our responslbiif(ie5 i5 ovall8Ne on the FRCS website at.. www.frc.ore.tsvaudrtorsrespon51bllilles. Th15 dE5triptlon farms part ol our budrtor's reFort. Use of our report Thls repDrt is made Sot0 the thartys tiustees, a5 a body. in attixdance Part 4 ofthe Charltie5 IA£counts and R&port51 Regulatlon$ 2fA)8. Our audit wor ha5 been undertaken 50 thatwe might state to the. charitvs trustee5 those tnalt¥rs we are fVIred to state tts them In an audiiorfs reFx)rt and for rKs other purwse. To the fullEst extent perm¢tted by law, we (k) noi accept or assume re5winslbllity to anyone other than the tharfty and the charlvs trustees as a body. for ouraudit work, for thls reptrrt or for the oplnians we have formed. Slmon Turne.r (Senlor StatutoryAudbtorl for and on behalf ol Aimstron8 Watson Audlt Llmited Northallerton Date. 2910712025 STAIXUM CHAAITABLETRUSt
Statement of financial activitlos For the year ended 5 April 2025 STADIUM CHARITABLE TRUST Note5 2025 2024 Intornln8 & Endowments Investmernt income Profit on disposal of inve5tment5 IDecreasel/ Increase in market value of investments Total Income 289,351 338,566 45,178 129,599 513,343 1703,5741 1414.2231 E¥pendlture Churltoble actlvltles Grants payable In furtherance of the Charity's objectives 1358,0391 1246,2501 Admln15tratlve costs Governance costs Bank charges Total expendlture 187,5041 114,5751 1460,1181 121,9721 1252 1268,4741 Net lexpendlturell Income and net movement of funds 1874,3411 244,869 Unrestrlcted fund balances brought forward 10,SS8,616 10,313,747 Unrestrltted fvnd balances tarrled forward 9,684 275 10,558,616 STADIUM CHARITABLE TRUST io
Statement of financial activities For the comparative year ended 5 April 2024 STADIUM CHARITABLE TRUST Notes 2024 2023 Intome & Endowments lrtvp%Fmpnt inrijmp 338.566 9)0 Proflt on dlsposal ol investrnenls Increase in market value of Snvestments Donations receivèd forthe period Total In<ome 45.178 129,599 9,892,056 9.892,956 513,343 Expendlture Churltuble ottfvltles Grants payable In furtherance ofthe Charlty's obloctlves 1246.2501 1169,9121 Admlnlstratlve Costs Governanco cost5 121,9721 12521 1268.4741 112,4191 Bank charges Total expendllure 1182,3311 Net Income and net movement of funds 244,869 9,710,625 Unrestrlcted fund balances brought forward 10,313,747 603,122 Unrestrlcled fund bzlances urrled forward 10,558.616 10,313,747 STADIUM CHARITABLE TRUST li
Balance sheet A% at 5 April 2025 STADIUM CHARITABLE TRUST All unrestricted funds Notes 2025 2024 Current assets Inve5tment5 Cash at bank and In hand Total current assets 8,711,709 1,025.366 9.737.075 9,429,599 1,133,817 10,563,416 e.rt0Ts.' amounts lallln# dug wlthln on• y•ar 152,8001 14,BOOI Net current assets 9,684,275 10,558,616 Total assets less current liabllltles 9,684,275 10,558,616 Credltors: amounts fallln8 due after one year Net assets 9,684.275 10.558,616 Unrestrlcted funds 9.684,275 10,558,616 Approved by the Trustees on 2oLS and signed on Its behalf bv.. ASF15h SA Maxey Trustee Trnstee STADIUM CHARITABLE TRUST 12
Statement of Cash Flows For the year ended 5 April 2025 srADIUM CHARITABLETRUST Notes 2025 2024 Net cash used In operatln8 actiwtie5 1397,8021 1271,4741 Cash flow from Snvestin8 artlvitlès: Bank interest Sale of investment Purchase of investrnent 289,351 338,566 9,937,234 19,300,000) Net cash flow 1108,4511 704.327 Change In cash and cash equlvalents Cash and cash Èqufvalents brou8ht fon¥ard 1108.4511 1,133,817 704,327 429,491 Toial ¢a$h and cash equlvalents at the end of the year 1.025.366 1,133,817 STADIUThA CHARITABLE TRusr 13
5taiernentolacmnling policles For theyearended 5 Apri120A5 lal Basis of preparation and assessmpfii of golng cothtern The 8ccounts Iflnancialstatementsi h3ve been propaTed underthe historical costconventK)n with items r&¢Dgni5ed at C05tor transactnvalUe unless othÈrwi5e stated Inthereartnore1sl tothese cOUnts. The finarKial 5tatemÈnEs have been wepared In atcordance with thestaternentof Recommended Prhtute". At¢outIlleand Reportln6 by Ch3fiiies preparlngtheir ac¢(yJnts in accordancewith the Financial Rew)rting Standard appllcable (rbthe UK Rewblic of Ireland IFR51021 i55ued on 16Juty 2014 and the FIn8al ReporunÈ Sta(vJardappllcable inthe United Kingdom and RepUSC of Iland IFR51021 and the CKirSttesAct120111- The ChaTtycofi5titvtes a wblicbEnefltentity as defined FR5 102. Thè TiustppE havp rnn<SArwl thé l•wltsf Ii•uh4 ass•ts and compared thls i(Trthc likcvalUe of srjnt) to be puid In future rlods. AccordlrngtythE TfU5toes cons1de1thott rrboterlal uncertaInt5 aboutthe ablltyofthe Chartyto remaln a galnÉ contern. Ibl Merser ittountl On 4th SeptEmber 2023 Charttywa5 convertedto d charItat IrKorwr3ted Oryanisation and the assets llo17t6e5 of the former unlncorporaied trust were translerred to neth irtorwratedorgonlsatlon. In Hccordance wlth section 27 of the Charifies Statemertof Recommervjed Practlce1SORPI tIE re5¢ructsJrehès beellJ£counted for as a rner8er of the two enritles. The assets, lbIlItSandfVndS ha¥e beeth presented as tknughthey have ahv8ys been portof same rtstrurtured entltyand the results of trA)thentitles have Lyen Jded fwthe wholeofthe reportlng pthod. Icl Fund accountlni General funds arè #valkible fo¢ use at thedbcretkln Df the Tw5tee51nfurther•rKe of the8eneraloWertivesof the Charly. Glven the r¥Jn complex nalUOf theoperètlonsof the arbj how rts1ncom1eSQyrttS aie8eneratod no fund note analysls hts betn d15ch)sed withln Isnarla1 st4ternents. This rfle£tsthe Trustees, view that appropriate and sulllclent Informatn, nece$5ary to gres¢nt • 1rue3r lawTrAewto user4 ts dlsdosed on the fa ofthe Ststementof F1nanclalAclks. STADIUM CHARITABLeTRUST 14
StaterDeniof3tcountin£ policie5 Forther ended 5 April 2025 Idl Income recoEnltlon All Income Is recogDlsed once the Charllv has entltlernent to the incon. it 15 prob3b thatthe income w511 be recÈlved and the amount OF in¢omÈ can be relabty rrsUred. Don3tion5 are recoEnised when the Charlty has been rLOtifld i writff of b)th the amountand settlemÈnt date. In the eventthat a donation is subject to conditions ihat require a level of p2rformance before thè Charky ts eniitled ta the funds. the ifjcome Is defetred and no reco8nlsed untll eltherthose condltlonsare fully met. or the fulf11nt olthosÈ tondilions Is wholly within the control of the Chèrlty and it Ls probable that those condth)rt% wlll be lulflled in the re1x)tnI perlod. Interest on funds held on deposlt 15 iniluded when recpfvablÈ and the amount can be rneasured rellabty by the Chariiy,. thts is nOrTrllY upon It3On of the Inierest paid or payable by the bank. DdendS are reco8ni5ed ort¢e the dIdend ha5 been dedaied and notifrkion has been reed of ihe db¥ldend due. lel Exptndlture Recolnltkin Llabllltles are recoBnlsed as soona5 ther• lsa legal orconslructfve obll8athJn cornnttIng t Charlty lo that expendlture, It 15 posslble that settlemenl will be required and Iht amunt of the obligation ¢an be measured reliabNf. All oxpenditure is a¢couted for on an accrvals basss. All eXne$ Indudlng SUkWOrt costs are allocated or apportk)ned to ihe applKoble expenditure headin85 Grant5 payab are payments mde to thlrd partles In thÈ furtherCe0t the d)aritsbleobdfves of tl Charlly. In the case of an untonditlonal grant offer ihls Is accrued once the reclplent has been notlh'ed ol the grani award. The notlflcatlon Se$ the recIpt rea50nèbk exwitation that they WUI recelve the one-year or multlyear grant. Grant awards thatare sublett io tho reclplenl fulfilllnB peiformance condltlons are onty8ttrued when rhè reclplent has been notitkd of 8rant and arw rem•lnln8 unfulfllled ¢OndItn5 attachlng to thatgrant Is out51de the of the Charfty. Provlslons lor grants are made when the Intentlon to rmake a grant has been wmmunicated to the reclplent but there Is uncertainlya5 to the tSrnlni of the grant or the amouttt of 8raTht payèble. ThÈ provlslon for3 multl-year8rant15 re¢ISed at rts prtsentvalue where SettMeTht Is due over more than one yparfrom the dalt ol the awaid, There 3rÈ no unfulfild rIOranCe tonditions undor control of the Charity that ¥VOu permlt the ChartLyto awSd nwklnE future payrnenrlsl, settrn Is probable and the effect of dIscntIng Is material. Thediscount Tate used is ihe avera8e rate of Invesiment yield In the year In whlch Érant award Is mède. Thls distount rate Is re8arded by the Trustees as ProdIng the mostcurrent Oydilable esiimaie of the opw>rtunlty Cost of rnoney refctIng the tlme value of rnDnÈy to the thorlty. 15
Statement of accounllng policies lfj Investments Investments comprtse investments in Inve5trnent funds managed by third partles. They are stated falr value based on the market value of the underlying investments held in the investment fund a5 at the reportlng date. Igl lffecoverable VAT Irrecoverable VAT Is charged aExln%t thp P¥ppnditiiro headln8 forwhlch It was incurred. Ihl Allocatlon of support and lovernance ¢ost Govemance costs comprlse all costs InvolnE publlc accountabillty of the Charity and its compliallce wlth re8ulation and good practice. 7he5e costs Intlude costs related to statutory audit and legal fees tO8ether with an apportlonment of overhead and support costs. 111 Charltable adlvltles Costs of charitable actlvltles represents grants made. as shown In note 2. STADIUM CHARITABLE TRUST 16
Motes to financial statements For the year ended 5 April 2025 STADIUM CHARITABLE TRUST I, Investment Income 2025 2024 Bank irrterest Other Interest Received Profit on di5P05al of investment Revaluation of invE5tment 43,970 245.381 338,566 45,178 129,599 513,343 1703,5741 14141.??41 2. Anatysis of grants £50.001 to E500,0(KJ £10.0 to £50.¢XX) Less than £iO,OLKJ 2025 Total 2024 Total Chlldren and young people 5.646 5.378 Employment 40,CKJO Communlty-led actlon 153,735 15.OLKJ 168,735 33.000 FSnanclal support 8,060 8,060 7,160 Health / medlcal 65,000 74.429 16,169 155,s98 121,715 Dlsaster funds 20,CY)O 10.000 Local communSty SUPPOrt umbrella charleS 28,997 65.0(K) 248.164 44.875 358,039 246,250 Grdnts paid In the yèar are anaSed further on PaKe 18 STADIUM CHARITABLE TRUST 17
Noiesiofinanriil stsiements For the Year05 Ayll 2025 stADIUM CHARITABLETRU5T LAnalysts tsf 8ronts IcontlhuÈdl Happy Day5 S6 5.616 Comfflunl wir4N£-Vreslor women'¢re We51 Hull CommuThlty Spwts PEKklln8ton Ru8ty Irtthecommuty Fiimurns & Fr5Èhds Hlwe Cen¥ 5helfloldChurchesSCCC Hull & E35E Ridlwvthunleerfr- YecmE5 Roundab¢ut Wesi Avll Comrnunlty Spprt5 PIKkln8taD Ruiby In the CL¥nmunlly Pockllnltan Rv8by In the Communlly DlsabblltytI1ldctnl IIY Independeni LhlJ4 14.5( 12,$0) 15mJ 19XJ15 10.720 2SX I.7 nan sInrP support Slncere Support 4.260 Do¥vnrl8hl Spe£lal eysmile Found4tk>n Endo Buddles House ol Li8hl Htysmile Foundatlon Nelihbourhmd Netwtyk- Mencpaus UnIVerl¥0 Hull- Endametrlo HER Breast Friend5 Downrl8htSpecial J5,C 65,1 14A29 ler lunds DEC- mIdd S35t 358,039 STA(XUM CHARtfA8LETrUST 18
Notes to financial statements 5 April 2025 STADIUM CHARITABLE TRUST 3. Governance costs No trustee recelved any remuneration for their services. One Trustee was reimbursed £528 In respect ol expenses in the current year. The Charity ha5 no employèes and therèfore dld not Incur any staff costs in the currer¢t or prior year. Included in governance costs is amount of £48,(X)O in respect of management fees12024'. £nill. £20.244 for charity consultancy fees12024- £5,168), £12,IX)O for invèstment management fees 12V24'. klS,4uuI and £4,3 In respect of audlt fee512024.' £4.81N)I. 4, Investments 2025 2024 CCLA- COIF Charities Ethical Investment Fund 8,711,709 9,429,599 8,711.709 9,429,599 5. Ciedltors: amounts due wlthln one year 2025 2024 Accrued expenses 52,800 4,800 52,800 4,800 STDIUM CHARITABLE TRUST 19
Note5 to financial statements For the year ended 5 April 2025 STADIUM CHARITABLE TRusr 6. Reconcillatlon of net movements In fund5 to net ¢a5h flow from operating activities 2025 2024 Net movement in funds Interest receivable Vrotit disposal ot sale ot investments Charges deducted from Investments Revaluation of investments De¢rea5e in debtors Decfea5e in credltors 1874,3411 1289.3511 244,869 1338,5661 145,1781 14,316 703,574 1129,5991 48,OC(I I3,0) Net cash flow from operatlng actlvltles 1397,8021 1271,4741 StADIUM CHARITABLE TRU5r 20