Independent Examiner's Report Independent Examinerfs Report To the trustees of the Bensalem Foundation For theyearended 10 August 2025 Responsibilities of trustees and examiner The ch2rity'% trusiee%. who are also the director% of the company for the purposes of Lompany law. are re%ponsible for the preparation of the financial 5lalemeiits in accordance with the roquirempnts of the Companies Act 2006 aiid the r.harities ALI 2011. My responsibillry 1% tts examine the financial 5taicments under section 145 ofthe Charlrles Act 201 l and lo report to thL¥ trustee.s on my examinalion. Basls of Independent examlnerfs statement I conducted my ex&1minarion In accordance with ihe Charlry Commlsslon's Dlrertlons glven under sectlon 145(5Jlb) of the Charltles Act 2011. An Independent examination includes a review of the accounting records kept by the charity and a cnmparison of the financial statemeiits presenLed with those record& It also includes cvnsideralion of any unusual Items or disclosure5 in the accounts. The Èxamlnalion ijoes not Lonstlknte an audit and does not provide the level of assurance thilt an audil would. Independent examinerfs statement In Ih£' course ol my examlnatinn. no material matters have come to my attention which gtve me cause to believe that in any material rcspcct- actounting records were not kept In accordance wlth 5ectSon 386 of the C.ompanles Act 2006,. OT 2. the financial statements do not accord with those records; or the financial sratement5 do nol comply with the applicable requirements of the Companies Act 2006. I have no concern5 Jnd have come across no other matter5 In ronnertion wtth the examination lo whiih attention should be drawn in this report in order to enable a proper understandinK of the financtal statements. lu be reached.
SS8ned: Name: LOKILI Relevant qualification or experience- Address.. Date:
Bensalem Foundation Trustees, Annual Report for the year ended 10 August 2025 Empowering Communities. Enriching Llves l. Introduction This Is the second annual report of the Bensalem Foundation. a charitable company limited by guaraniee. The Foundation was established to promote public health and wellbeing through community participarion In fttness and spor¢ partlcularly runnin& The charity is governed by its Memorandum and Articles ofknociation and regulated by the Charity Commi&sion and Companies House. During the year, the trustees continued to develop the Foundatinn's activities while strengthensng governance, financial managemenL and slructured proRramme delivery. 2. Objectlves and Actlvltles The objects of the charity, as sel oul In Its governlnR documenc are to promote communlty participation in healthy recreation by provldlng facilities and opportunities for running and litness, particularly for individuals who may face barriets to parthcipation. To achleve these aims during the year. the Foundation: Delivered structured weekly communlty runnlng ses51ons Implemented the proiect Strideforo Couse.. Empowering Communities Throu8h Running Expandcd outreach and promotional acts'vity lrtvcsted In equlpment and branded materlals to enhance visibility and accesslbility StrenRthentd volunteer involvement and operational systems Activltics rcmained focused on inclusivity, accessibility. and reducln% percelved batTle to participation. 3. Public Benefit The trustees confirm that they have complied wilh their duty uTrder sertion 17 ofihe Charities Act 2011 to have due reKard to the Charity Commission's guidance on public benefit
All artivities are dellvered for the public benefit and are free or low cost. Session5 are open to individuals of varying abilities and backgrounds. The Foundation's work promotes physical health. social connecfion, and community engagement through accessible group activity. 4. Achlevements and Performance During the year, the Foundation deliverÈd approximately 52 strurtUTed Yunnin8 sessions, corresponding to weekly artivity throughout the financial year. Average attendance was approximately 20 participants per session. r¢pre5entin8 over 1.000 cumulative attendances. consistent base of returning participants has developed. formlng a 5UPPOrtlve and welcoming group environmenL Many individuals engaged regularly throughout the year, contributing to a growing sense of familiarity and communitycohesion. Sessions also atiracted flr%t.tlme runners seeking a nOnoMpetitive and inclusive introduction to organised physical activity- The Frjundation's emphasis on enjoymenL dLLessihility. and group participation raihLir than performanLe has helped create an envirunment in which individuals feel comfortable participatin% at iheir own pace. The charity secured £4,5tJO in grant funding from The National Lotlery Community Fund and £500 Irom Sport England in support of the .Strlde for u Cause.. FmpawerinA Communltles Throu9h Runnin9 initiativc. All grant funding was fully expendcd within tho financial year on eligible project costs, including equipment. promotion and publicity materials, and travel and tr4n5porL While fornial demographic measurement systcms were limited during the year. trustees observed Increasing dlvcrsiry of particlpatlon aLTOS5 age gTOUP5 and backgrounds, alongside stronger repeat engagement. Confidence and consistency appeared to bulld gradually over time. In the ne finandal ye3r. the trustees Intend ro intrnduce a light.touch registration and sign- in process to improve monitoring of attendancei participant demographic5, and barriers to participation. 'I'his development will enhance impact measurement while maintsining the inclusive and infornial ethos tha¢ has supported engdgeinent io date. Durin8 the year the charity also employed two part-time st2ff members who supported the coordination of weekly running sessions and general operational aLl1viti. 5. Financial Review Totsl income for the year was £30.940, compared to £35.390 in the prevlous year. Income included grant fundingoF£4.500 Irom The National Lottery Communiry Fund and £500 from sport England, alongside unrestricred donatioDS. All restricted funding received during the year was fully expended on eligtblc projert costs. No restricted funds were carried forward ai year end.
Total expenditure for the year was £28,575. compared to £35.697 in rhe prior year. The reduction In expenditure reflects careful financial management and consolidation following rhe charity's initial eslablishmenl phase. The chariry recorded a surplus 01£2,365 for the financial year. compared to a deficit of £307 in the previous year. As a result, net liabilities reduced from £7.604 at 10 August 2024 to £5.239 at 10 August 2025. Current assets increased to £1,576. and net currcnt asse15 improved to £1.190. slrengtheniiig short-term liquidity. The remaining net liability position relates primarily to an interesl-free loan provlded by a dirertor during the charity'5 first year of operntion to support tahIl5ment costs. The loan ha5 no fixed repayment date. The trustees continue to monitor the charity's financial position with ihe aim o15trengthening reserves over time while maintainin8 delivery of Lharitable aciivities. 6. Reserve5 Policy The trust¢'Va aim i() build unrestrSc(ed reserves equlvalent to approxlmately three months of operating expenditure over time. While thc charity remains in a nct liablllty Posltion due to the outstanding director loan, the improvement rccorded during the year represents steady proRr¢ss towards long-tcrm flnancial sustainabiliry. 7. Structure, Governance and Management The BnsleIn Foundation is a charltable company governed by its Memorandum and ArtiLle% ul'Ass(Iciatlnn. The Board of Trustees is re.spDnsihle for strateRic oversiKht. financial %ovcrnance. and re%ulatory compliance. Day-ti).day activiry is delivcred ihrough a cnmbination of trustee ()ver%ighi, volunteer support, and iwo part-time employees who assist with programme dL.Ilvery an(1 ddmiiii%lrdlivL. IuiiLtions. Trustecs serving during the year: Mohammed Marzouq Ayoub El Cadi Raouf Ben Salem
- Risk Management and Safeguarding Thc trustees have con5idcred operational risks including financial sustainability. volunteer capacity. and participdiil Safely. Mitigation measures indude- Ensuring experienced volunteers are present durlng sessions Promoting safe exercise prdrtice5 and injury prevention Maintaining appropriate Insurance cover Monitoring expenditure and cash flow carefully Risks are reviewed periodically as the charity develops.
- Contrlbutlon of Volunteers Volunteers remaln central to the chariry's delivery. Thelr contrfjbutton to sesslon organlsation, outrcach. and administration has enabled the Foundation to maintain regular artlvlty and expand engagement during the year. The trustees acknowledge and thank all Yolunteers for iheir continued commltmenL
- Plans for the Future In the nvxi findnLidl yV¢ir. Lhv Iru51ees intend io: Furtherexpand structured community runnin&artivity Develop more robust participant monitoring 5yStcms Piirsue additlonal grant fundlng opporrunities Strengthen partnershlps with local organisations and health bodles Continue improvin8 financial resilience and reserves The Foundation aim5 to build on the 5ucce551ul delivery of funded projects to increase long" term Sustainability and deepen community impact.
- Trustee Declaration This report was approved by the trustees on 01/0312026 and signed on their behalf by: Slgned- [MohamTned Marzouqj
Signed.. (Ayoub El Cadi) Signed.. (Raouf Ben Salem)
Bensalem Foundation Flnancial Statements for the year ended 10 August 2025 A Charitable Company Limited by Guarantee l. Statement of Financial Activlties {SoFA) For theyear ended 10 August 2025 Unrestrlrted Funds {£) Restrtrted Total Total Funds (£) 2025 (£) 2024 (£) Income from: Doiiatlons 25.940 25.940 35,390 Grant- The National Lottery Communlty Fund 4.500 4,500 Grant- Sport England 500 soo Total Income 25.940 s.000 30.940 35,390 Expendlture on charltable actlvltles & admlnlstratlon (23,575) (5.000) (28,575) (35,697) Net movement In funds 2.365 2.365 (307) Funds brought forward (7,604] (7.604) (7,297]. Funds carrled forward (5.239} (5.239) (7.604J
- Balance Sheet As ot IOAugust2025 202S {£) 2024 (£) Current assets Cash at bank and in hand 1,576 415 Debtors Totsl current assets 1.576 415 Credltors.'amounts falllnKdue wlthln oneyear {386) (395) Net current assets 1.190 20 Credltors: amounts falllng due after more than one year {6,429) (7,624) Total net Ilabllltles (5.Z39) (7.604) *- Fund5 of the ch¢trlty Unrestrlrted funds (5,239) (7,604) Restricted funds Totsl funds (5,239) (7,604) For the year end¢.d 10 AuRUSt 2025 the company wa5 entitled to exemption from audlt under .section 477ofthe Companics Art 2006. The member5 havc not requlred the company to obiain an audit in accordance with section 476 ofthe Companies Act 2006. The trustees acknvwled8e their responsibilities for complyin8 with the requirements of the Companies Art Z006 with respect to accounting records and preparatlon of financlal statements. These financi31 statements have been prepared in accordance with the provisions applicable to companies subject to the small companie5 regime. Approved by the Board ofTrustees on.. zfjL6
Signed on behalf of the trustees.. qo Trustee: 3. Notes to the Accounts Note 1- Basis of Preparation The financial statements have been prepared under the historical cost convention in accordance with rhe Charities SORP {FILS 102). the Companies Act 2006. and applicable aciounting standards in thi United Kingdom. The charity consiitutes a publiL benefir entiry as defined by l&R5 102. The financlal stalements are presented in w•unds sterling and have been prepared on an accruals basls. Comp4ratlve figures for the year ended 10 Aususi 2024 are included. Note 2 - Income Income is recognised when thc charity Is entitled to the fiinds. recelpt Is probable. and the amount can be measured reliably. Durlng th¢ year, thc charity received- E25,940 in unre5trtcted donation5 £4.500 from The National Lottery Comrnunity Fund £500 from Sport En8iand Cjrant income was recDgnised when Ihe charity hecame entltled to the fundlng under the terms of the grant agreements. Note 3 - Expenditure Expenditure is reColSed on an accruals basis when incurred. Expendirure on charitable aciivitie5 indudes costs directly related to running session delivery. equipment purchase, promotion and publicity. traveland transpoit and operational supporL
All costs are allocated directly to charltable artivities due fo the charitys scale and structure. Note 4- Restricted Funds During the year, the Lharity recelved resrrirted fundlng totalling £5,000 in support of the Stridefor o Cause.. Empowering Communlties Through Running Initiative, £4.500 from The Naiional Lottery Communlty Fund £$00 Irom Sport England All restricted funds were fully expended during the financial year. No restrirted funds were carried forwar(l al 10 August 2025. Note 5 - Fund Structure The charity holds unrestricted and restrirted fund& Unre5trlctLxI funds are available foT use ai the discretion of the trustees In furtherance ol the charity's objectives. Restricted fund5 are subjert to speclfle condltions imposed by donors and grant provlders. At 10 August 2025, no restricted fund5 remained unspenL Note 6- Related Party Transactlons DurinR the charlty's Iniiial year of operation. a dirertor provlded an interest-free loan to 5UPPOrt ¢stablishment and operaiional costs. The outstandln8 balance ofthe loan at 10 August 2025 was £6,429. The loan ha5 no fixed repayment date and no inrerest wa5 charged during the year. Note 7 - Company Status The charity is a Lompany limitcd by 8uarantee and doc5 not have share capital. In ihe event of windlnK up, member), liability Is1Smited io £1 each. Note 8- Staff Costs
During the financial year the charity employed two part-rime staff members to support the delivery ol its charitable activitie5 and operaiional adminisirntion. Staff costs are induded within the expenditure reported in the Statement of Financial Activitie&