2025-04-30-accounts - League Leaders

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LEAGUE LEADERS League Leaders Trustees Report for period ending 30th April 2025 Charity no. 1202795

Administrative Infomation Charity Name.. League Leaders Charity registration number.. 1202795 Charity registration date.. 20th April 2023 Structure.. Charitable Incorporated Organisation {ClO) Registered office address.. 195-197 Wcrt)d Street. London. E17 3NU Trustees.. Ms J Stacey (Chairl Mr C Ford (Wice Chair} Ms J Harris MsJBox Mr J Jones Mr C Green Appointed 20th April 2023 Appointed 20th April 2023 Appointed 20th April 2023 Appointed 20th April 2023 Appointed 201h April 2023 Appointed 20th April 2023 There are no custodian Iruslees or funds held as a custodian trustee. Trustees resignations: Ms N Duvall Mr E Cruz Resigned 7th Dember 2024 Resigned 31 st December 2024 How the charity ig managed The charity is managed by its Chief Executive Officer ICEOI. The Trustees hold 4 board meetings per year with the CEO to review the Charity's perfOnnan 8nd its management procedures. How Trustees are recruited lal New charity trustees are appointed by a resolution passed at a properly convened meeting of the Charity Trustee fvgE38ll-wJTh8Alfi%¥sl be for a lem of three years. Icl In selecting individuals for appointment as Charity Trustees, Charity Trustees must have regard lo the skills, knowledge and experience needed for the effective administration of the CIO. Idl Each appointment Mll be effective from the later of= lil the date of the vacancy., and lill the date of the appointment. League Leaders- Trustees Report for peiiod ending 30th April 2025- Charity no. 1202795

A¢tivities The charity supports young people aged 1424 across the UK using the power of ¢atIVity and youth Coacreation as catalysts to breakthrough into the world of sport. The charity's work helps young people engage in sport. buibj life and employability skills, develop and deliver real-world projects and create career opportunrties. The charity's Vision is for every young person to have the right lo choose how they breakthrough into sport. To play, redesign. work and grow. Working equally with sport organisalions and their systems to make this change together. Programme delivery, Youth Careers Progression - A London-based youth employment programme, led by and designed with 5x young proiecl slaff. The programrre created 16x paid roles for young people aged 18+ across 5x sport sector organisations. Programme delivery, Youth Sport Trust LSSP - Delivering a school programme in Liverpool, where students designed their own after school sports club and were supported to deliver this to more young people attending the club. Programme delivery, How We See Running - Delivering a school based girls running programme in Chingford London, where the group designed how running should work for them and created their own running club fomal. Programme delivery, Gold Magazine- Delivering a youth voice Olympics-themed project, led by young people's ideas, writing, photography and content. creating Gold magazine. Performance & Achievements The charity has successfully completed ils second year. continuing lo build momentum after laying its foundations and demonstrating the need for ils work for young people in year one. It has continued to demonslrale that there is not only a need for the charity, but that League Leaders can position itself very uniquely due ils youlh-led approach in supporting young people. The charity has secured a combination of Unrestricted and Restricted funding. received public donations, delivered programmes. gained continued support of Volunteers and freelance staff and begun lo develop corporate and commercial partnerships to dnve further financial suslainabiltty- placing the charity in a strong position for its third year. Our full website can be viewed here.. Volunteer The charity has engaged 15 Volunteers, totalling approximatety 120 hours of voluntary support. League Leaders- Trustees Report for peiiod ending 30th April 2025- Charity no. 1202795

400+ young people supported Individual, group and peer-1peer support provided for all young people 26 paid job roles ¢reated so far for young people across sport and sporl-associaled organisations Providing paid worf(ing opportunities to young people on all programme delivery Public Benefit Reporting To act as a resource for young people up lo the age of 25 by providing advi and assistance and organising programmes of educational and vocational activities as a means of.. lal advancing in life and helping young people by developing their skills. capacities and capabilities to enable them to participate in society as independent. mature and responsible individuals.. Ibl advancing education., Icl relieving unemployment Group and individual skill development has been provided to young people. Group and individual pastoral support has been provided lo young people. Programme delivery, educational and vccational activities have taken place. Paid work has been provided lo young people and employment programme delivery has taken place. The charity lakes the Charity Commission's public benefft guidance into account when making any decision this is relevant to. League Leaders- Trustees Report for peiiod ending 30th April 2025- Charity no. 1202795

Finon¢io1 Review 2024-25 2023-24 Income & Ex enditure Income & Ex enditure Total income.. Total expenditure.. Nel surplus.. £43,763 £47,463 £18,553 Total income.. Total expenditure.. Net surplus". £46,887 £24,633 £22,254 Debts Debts £5,765 £5,817 The charity has a Reserves Policy in place. It is the policy of the charity lo increase unrestricted funds lo the level Tequired to provide sufficient funds to cover administration costs. The reserves that we have set aside Provide financial stability and the means for the development of our principal activity- We intend to maintain our reseThes at a level which is equivalent to three months operating expenditure which is approximalety £6.000. The unrestricted reserves held al the year end were £9.455. The Charity is activety working to increase the amount of unrestricted serveS in the coming months. The Trustees will review, approve and adopt every three years. The Trustees acknowledge that how the level of reserves changes during the year can be a good indicator of the underlying financial health of the charity and can be an indicator of potential problems. The level of reserves will be monitored throughout the year as part of the normal monitoring and budgetary reporting processes. In particular, trustees will.. Identify when reserves are drawn on so that they understand the reasons and can consider the corrective action, if any, that needs to be taken. Identify when reserve levels rise significanlty above largel so Ihal Ihey understand the reasons and can consider the corrective action. if any, that needs to be taken. Identify where the reserves level is below target. consider whether this is due to short-term circumstances or longer term aSOnS which might trigger a broader review of finances and reseNes. Regard the ongoing review of the reserves level. target and policy as part of managing the charity. Ensure that the reserves policy conlinues lo be levant as the charity develops or changes its strategy and activities. Review the slalemenl on reserves in the Trustees annual report where there have been significant changes in the reserves policy or level of reserves held. League Leaders- Trustees Report for peiiod ending 30th April 2025- Charity no. 1202795

This report was approved by the Twstees on 14th November 2025 and signed on their behalf by.. Signed (Chair Trustee) Name.. Jemma Leanne Stacey League Leaders- Trustees Report for peiiod ending 30th April 2025- Charity no. 1202795

Independent Examiner’s Report to the Trustees of League Leaders

I report on the financial statements of the Trust for the period ended 30 April 2025 as set out on pages 8 to 14.

Responsibilities and basis of report

As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the charity’s accounts carried out under section 145 of the 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:

accounting records were not kept in respect of the charity as required by section 130 of the Act; or
the accounts do not accord with those records; or
the accounts 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.

Shruti Soni FCCA FCIE Date: 10 December 2025 Shruti Soni Ltd ● Chartered Certified Accountants 117A St. John's Hill, Sevenoaks TN13 3PE

League Leaders Statement of financial activities

For the period ended 30 April 2025

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2025 2024
Unrestricted Restricted Total Unrestricted Restricted Total
Note £ £ £ £ £ £
Income from:
Grants and donations 18,124 - 18,124 6,500 30,000 36,500
Earned project income 14 25,625 25,639 9 10,375 10,384
Investment Income - - - 3 - 3
Total income 18,138 25,625 43,763 6,512 40,375 46,887
Expenditure on:
Staff costs (Note 2) 475 24,213 24,688 87 13,178 13,265
-
Freelance staff 2,045 16,044 18,089 7,563 7,563
Accounting, admin support and
independent examination Fees - -
1,044 1,044 1,286 1,286
Project cost 1,193 1,170 2,363 633 683 1,316
Printing, Stationery & Miscelleneous 93 459 552 85 430 515
Rent, Rates, Insurance & 398 329 727 688 - 688
Total expenditure 5,248 42,215 47,463 2,779 21,854 24,633
Net income / (expenditure) for the year 3 12,890 (16,590) (3,700) 3,733 18,521 22,254
Net movement in funds 8 5,722 (9,422) (3,700) 3,733 18,521 22,254
Reconciliation of funds:
- - -
Total funds brought forward 3,733 18,521 22,254
Total funds carried forward 9,455 9,099 18,554 3,733 18,521 22,254
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All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. Movements in funds are disclosed in Note 8 to the financial statements.

League Leaders Balance sheet

As at 30 April 2025

Note £ Current assets: 24,318 24,318 Liabilities: 6 5,765 7 8 9,455 Total unrestricted funds Total assets less current liabilities Restricted income funds Unrestricted income funds: The funds of the charity: Creditors: amounts falling due within one year Net current assets / (liabilities) Total net assets / (liabilities) General funds Cash at bank and in hand Total charity funds	2025 £ 18,553 18,553 18,553 9,098 9,455 18,553	£ 28,071 28,071 5,817 3,733	2024 £ 22,254 22,254 22,254 18,521 3,733 22,254

The financial statements were approved by the Trustees on 1st December 2025 and signed on their behalf by

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........................................
Trustee
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Jemma Leanne Stacey

League Leaders

Notes to the financial statements

For the period ended 30 April 2025

1 Accounting policies
a) Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: 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) 2019, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), the Charities Act 2011 and UK Generally Accepted Accounting Practice.

The financial statements have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair view’. This departure has involved following the Accounting and Reporting by Charities: 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) (effective 1 January 2019) - (Charities SORP FRS 102) rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy or note.

b) Public benefit entity

The charitable company meets the definition of a public benefit entity under FRS 102.

c) Going concern

The trustees consider that there are no material uncertainties about the charitable company's ability to continue as a going concern.

There are no key judgements that the charitable company has made which have a significant effect on the accounts.

d) Key source of estimation, uncertainty and judgement

The preparation of financial statements in conformity with generally accepted accounting practice requires trustees to make estimates and judgements that affect the reported amounts of assets and liabilities as well as the disclosure of contingent assets and liabilities at the balance sheet date and the reported amounts of revenues and expenses during the reporting period. There is estimation uncertainty in calculating depreciation. A review of fixed assets is carried out by the trustees regularly. Whilst every attempt is made to ensure that the depreciation policy is as accurate as possible, there remains a risk that the policy does not match the useful life of the assets.

e) Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the income have been met, it is probable that the income will be received and that the amount can be measured reliably.

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

Income received in advance of the provision of a specified service is deferred until the criteria for income recognition are met.

League Leaders

Notes to the financial statements

For the period ended 30 April 2025

1 Accounting policies (continued)
f) Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.

g) Fund accounting

Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these criteria is charged to the fund.

Unrestricted funds are donations and other incoming resources received or generated for the charitable purposes.

Designated funds are unrestricted funds earmarked by the trustees for particular purposes.

h) Expenditure and irrecoverable VAT

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:

Costs of raising funds relate to the costs incurred by the charitable company in inducing third parties to make voluntary contributions to it, as well as the cost of any activities with a fundraising purpose
Expenditure on charitable activities includes the costs of provision of space and services undertaken to further the purposes of the charity and their associated support costs
Other expenditure represents those items not falling into any other heading

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

i) Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. Cash balances exclude any funds held on behalf of service users.

j) Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

k) Pensions

Employer contributions to employees defined contribution pension schemes are charged to Statement of Financial Activities during the year.

League Leaders

Notes to the financial statements

For the period ended 30 April 2025

2 Analysis of staff costs, Trustee remuneration and expenses, and the cost of key management personnel

Staff costs were as follows:

Employer’s contribution to defined contribution pension schemes Salaries and wages Social security costs Staff travel	2025 £ 22,258 401 481 1,548 24,688	2,024 10,930 1,195 274 866 13,265

No employee earned more than £60,000 during the year.

The total employee benefits including pension contributions of the key management personnel were £22,258 (2023: £10,930)

The charity Trustees were not paid or received any other benefits from employment with the charity in the year. No charity Trustee received payment for professional or other services supplied to the charity.

No Trustees received payments for reimbursement of travel and subsistence costs relating to attendance at meetings of the trustees.

3 Staff numbers

The average number of employees (head count based on number of staff employed) during the year was as follows:

Charitable activities	2025 No. 1.0 1.0	2,024 1.0 1.0

4 Related party transactions

There are no related party transactions to disclose for 2025.

5 Taxation

The charitable company is exempt from corporation tax as all its income is charitable and is applied for charitable purposes.

6 Creditors: amounts falling due within one year

Accruals Taxation and social security Other creditors	2025 £ 1,683 1,512 2,570 5,765	2,024 1,698 3,349 770 5,817

League Leaders

Notes to the financial statements

For the period ended 30 April 2025

7 Analysis of net assets between funds at the end of 30 April 2025

7 8	General unrestricted £ 9,455 9,455 General unrestricted £ 3,733 3,733 01 May 2024 Income & gains £ £ - - 1,221 - 800 - 10,000 8,875 6,750 16,500 - Total restricted funds 18,521 25,625 General funds 3,733 18,138 3,733 18,138 22,254 43,763 Net current assets Net assets at the end of the year Restricted funds: Sports Leadership Academy Brent Playzones Community MFL Activity Equipment Box Workshop Movements in funds During the year Total funds Total unrestricted funds Analysis of net assets between funds at the end of 30 April 2024 Net current assets Net assets at the end of the year Unrestricted funds: GLA Sport Unites Youth Sport Trust LSSP Youth Sport Trust School Games WF Gold Magazine	£ - - £ - - Expenditure & losses £ (4,232) - - (9,361) (2,637) (9,686) (16,300) (42,216) (5,248) (5,248) (47,464) Designated Designated	Restricted £ 9,098 9,098 Restricted £ 18,521 18,521 Transfers £ 4,232 - - - - 2,936 - 7,168 (7,168) (7,168) -	Total funds £ 18,553 18,553 Total funds £ 22,254 22,254 30 April 2025 £ - 1,221 800 639 6,238 - 200 9,098 9,455 9,455 18,553

League Leaders

Notes to the financial statements

For the period ended 30 April 2025

8	Total restricted funds General funds Movements in funds During the year Restricted funds: Sports Leadership Academy Brent Playzones Community MFL Activity Equipment Box Workshop GLA Sport Unites Unrestricted funds: Total unrestricted funds Total funds	01 May 2023 £ - - - - - - - -	Income & gains £ 17,000 6,000 875 16,500 40,375 6,512 6,512 46,887	Expenditure & losses £ (17,000) (4,779) (75) - (21,854) (2,779) (2,779) (24,633)	Transfers £ - - - - - - - -	30 April 2024 £ - 1,221 800 16,500 18,521 3,733 3,733 22,254

Unrestricted income includes a grant of £5000 from Foyle Foundation towards core costs

Purpose of restrcited funds

GLA Sport Unites - Delivering a London-based youth employment programme, led by and designed with 5x young project staff. The programme created 16x paid roles for young people aged 18+ across 5x sport sector organisations.

Youth Sport Trust LSSP - Delivering a school programme in Liverpool, where students designing their own after school sports club and were supported to deliver this to more young people attending the club.

Youth Sport Trust School Games WF - Delivering a school based girls running programme in Chingford, where the group designed how running should work for them and created their own running club format.

Gold Magazine - Delivering a youth voice Olympics-themed project, led by young people's ideas, writing, photography and content, creative Gold magazine.