Bensalem Foundation Trustees. Annual Report for the year ending 10 August 2024 Empowering Communities, Enriching Lives l. Introdurtlon This is the nrst annual report ofthe Bensalem Foundation, a registered charitable company. The Foundatlon was incorporated to promote public health and well-being through communlty participalion in fitness and sport. particularly running. a charitatAe company. it is governed by its Memorandum and Articles ofAssociatk)n and resulatgj by borh the Charity Commission and Companies House. 2. Object ives aiid Activities The objects of the ch2rlty. as set out in its governlng documenL are to prnmote CDmmunlty participation In healthy recreation by providing facilltie5 and opportunities for running and fitness. partiLuldrly for people who may barrlers to partlclpation. To achieve these aims, the Bensalem Foundation has Inltlated a range ofcommunity-based acliviLie5, indudlng.. - Settlng up regular runnlng clubs open to the publk - Conductin8 Outreach in underrepresented ne18h￿Urh￿?dS - Provldlng volunieer-led workshops fLKused on safe exercise Bullding relalionships with local community organisations 3. Public Benef it The trusrees confirm ihey have complied with the duty in section 17 of the Charities Act 2011 to have due re8ard tO8uidance publlshed bythe Charity Commission on public beneflL Our progrdmmes drv Iree or low-cosl open to all, and particularly tar8eted at those who may face health. financial. or social ba￿lerS to fitness en8a8emenL 4. Achlevements and PerfonTr?nce During our first operational year, the Foundatlon made substantlal progress In layln8 the groundwork for long-tenn impacl We delivered: - Re8ular runnSng clubs and establlshment of scKlal m￿fja plarft)nns - 3 local outreach event5 altrarting 60+ participants each Mentoring and basic coaching through volunteers - Ongoing administrative and strategic development work Over 100 individuals engaged with our sessions during the year, with positive feedback regarding the accessibility. industvity. and community value ofour programme5. 5. Flnanclal Review The charity's total Income for the year was £35.390. re￿IVed from Indlvidual donatlons. Expenditure amountsd to £35,697, resulting in a M￿leSt operating deficit of £307. This was expected in our flrst year ofdciivlty and retlects S[ra￿sIC Investment in outreach and setup activities. Breakdown ofkey spending areas.. - Wages and staffing: £33,537 Insurance. advertisin& and outreach-. £692 Professional services (accountin& le8al).' £929 - Other administrative costs.. £539 6. Reserves Policy The charity aims to build unrestricted reserves io cover three months, operational costs. A5 rhls was our first yeAr, we have f￿USed on deliverin8 impart whde maintaining ilghi rinanLial control. We will review our reserves position annually. 7. Striirture, Ciovernanre and M,ii).Igeme.nt The Bensalem Foundatlon Is a charttable company governed by its Memorandum and Articles of AssDciation. The board of trustees 15 reswnsible for governance. strategi overslghr. and regulatory complian￿. The charliy is managed daY-t￿daY by volunteers and a small part.time team. Trustees who served during (he year: - Mohammed Marzouq - Ayoub El Cadi Raouf Ben Salem 8. Rlsk Management and Safeguarding Key rfsks Identlfled Indude volunteer dependency and safeguardlng in fltne55 environments. ThechArity has taken steps io mitigate these by: EnsurinK experIen￿d volunteers are present at all events Promoting safe exercise and injury prevention - Maintainin8 a safe8uardin8 Statement f(Ku5ed on adult health and safety 9. Contrlbtition of Voltintvers Over 20 volunteers contributed time and expertise to our operation& Their support was central to delivering programmes, handling administraiion, and expanding cDrnmunlty engagemenL 10. Plans for the Future In the next financial year, we aim to.. - Launch a new programme f(Kused on ment21 well-￿Ing through movement - Expand and continue to network with fitness group5 and chariti&s - Apply for small foundation grants - Formalise partnerships with local authorities and health PTDviders 11. Trustee Declardtion This report was approved by the trustees on 06 lune 2025 and signed on their behalf by: Slgned.. (Mohammed Manouqj Signed.. (Ayoub El Cadi) Slgned.. (Raouf Ben Salem) Bensalem Foundation Financial Statements for the year ended 10 August 2024 (Detailed) A Charitable Company Limited by Guardntee l. Statement of Flnanclal Artlvltles (SOFA) Category Unrestritted Fund5 Restrirted Funds (£) Toral 2024 (£) (£J Income from donatlons 35.390 35,390 Expendlture on charltable actlvltles: - wag￿ &Salarles (33,537) (33,537) Penslon Contrlbutlons (355) (355) - Accountancy Fees (680) (680) - Legal & Professlonal Fees (249) (249) - Event Fees (96) (96) - General Travel Expenses (2) (2) . Insurance (241) (241) - Telephone. Fax & (272) Internet (272) - Advertlslng (179) (179) - Sundry Expenses (86) (86) Net movement In funds (307) (307) 2. B3lanre Sheet as at 10 August 2024 Category 2024 (£) Cash at bankand In hand 415 Debtors Credltors duewlthln oneyear (395) Credltorsdueafter oneyear (7.624) Net assets (7.604) Funds (Reserves + P&L Account) (7.604) 3. Note.s to the Acctwnts Note l - Basis of Prepartition These are Ihe charity's first (ull-year accounts. Comparative figures for the previous year are not presented. The accounts havL bc'en prepared under the hisiorical cost convention In accordance with the Charities SORP (FRS 102) aDd the Companies Act 2006. The accounts are presented in pounds Sterling and on an accruals ￿SiS. Note 2- Income All Income during the year was recelved from unresrrlcted donatlons The charlty dld not receive any grdnt income or restricted funds durin8 the period. Note 3 - Expendiiure All expenditure related to charitable acts'vitles. including sraffin& ourreach events. insurance, professional services. and communication costs. Note 4- Fund Structure All funds are unre5tncted. The charity held no resrricted or endowment funds during the year. Note 5 - Related Pilrty Transactlons A trustee, Raouf Ben Salem (Chair).provided an interest-free loan 01£7.624 during the financial year to support the charit￿5 early operarions. The loan has no fixed repayment date. Note 6- Reserves As of 31 August 2024, the charity had net liabilitie5 of £7,604. The trustees are confident in the charitys future income-8enerating ability and plan to build reserves equivalent to three months of operating expenditure in the comingyear& No* 7 - Company Status The charity is a company limited by Euarantee and does not have a share capitsl. In the event of winding up, members, liability is limited to Él eaclL 4. Trustee Approval These financial statements were approved by the Board OfTn￿teeS on 06 lune 2025 and signed on their ￿half by.. s18nL￿.. Mohammed MarLouq (Trustee) Signed.. Ayoub El Cadi (Trustee) Raouf Ben Salem (Chalr) Independent Examiner's Report To the trustees of the Bensalem Foundation Responsibilities of trustees and examiner The charity's trustee5 are responsible for the preparation of the accounts. As a charitable company. these accounts must comply with thc Companie5 Act 2006 as well as the Charities Acl 2011. My role is to examine the accounts and report under sectton 145 of the Charltles Act 2011. Basis of independent examinerfs Statement I conducted an Independent examination in accordan￿ wlth Charity Commission dirertions. An examination includes a rewew of accounting records And a Comparison with the accounts presented. It does nL* constitute an audiL Independent examinerfs statement In Lhe course of my examination, no materlaj issues have come ro my attention which give me cause to believLi the accounts have not ￿en properly prepared in accordance wirh the relevanE legislation. Signed.. Name.. Relevanr qual1ft￿tIon or experlence.. S¢ &ts),. A LLA," r Date.. 06 F6