CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From 7 July 2023 Period start date to 30 April 2024 Period end date Charity name: Thunder IHC Charity registration number: 1203887 Objectives and Activities SORP reference Summary of the purposes of the charity as set out in ils goveming document Para 1.17 The promotion of community participation in healthy recreation in particular by the provision of hired facilities, coaching and game structure for the playing of ice hocke The program includes the following free provisions.. ice time, coaching and training, games, equipment and away travel. Additionally, we now have in place a development pathway linking the junior club and Thunder IHC, involving a structured process, taking into account each young player's experience, ability, and aspirations. This approach also considers the needs of both the junior and senior teams. Collaboration with local schools and community groups Summary ofthe main activities in relation to those purposes for Ihe public benefit, in particular, Ihe activities, projects or services identified in Ihe accounts. Para1.17aTKI 1.19 Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit Para1.18 The Trustees ¢onfimi that they have paid due regard to the guidance issued by the Charity Commission on public benefi't in deciding what activities the charity should undertake. Additional information (optional) You ma choose to include further statements where relevant about.. SORP r8fer8nc8 Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program relaled investment Pgra 1.38 We are extremely graleful for the countless hours that our clubs, volunteers have spent assisting us on game days. Without their invaluable time, energy and enthusiasm, we would have struggled to achieve our objeclives. Contribution made by volunteers other Achievements and Performance SORP refe￿nCe For the 2023-2024 season, Thunder Ice Hockey Club collaborated with school PTAS to help them raise vital funds aimed at enriching students, experiences. We also welcomed more young players from the MK Storm Junior Club, providing Ihem with valuable training and playing opportunities. With a growing number of neurodiverse players, our volunteers made a concerted effort to educate themselves and one anolher, on creating a safe and inclusive environment, while making reasonable adjuslments to support their needs. All volunteers working directly with players have undergone DBS checks, as well as training in first aid, safeguarding, and GDPR Compliance. To support our players, we provided free coaching, ice time, travel for away games, and healthy food. Where possible, we also supplied equipment and helped with kit maintenance, ensuring that financial barriers did not prevent participation. All players re9lStered with the junior club are also given a complimentary season ticket, which allows them free entry into all home games. NHS staff conlinue to receive discounted entry to our games and we have also donated free tickets and jerseys for raffle prizes to support other charities. In addition, tickets were distributed to families and individuals facing financial difficulties, ensuring that more people could enjoy the sport. This season, we proudly participated in Pride Week. making a stand that our sport is for everyone. Summary of the main achievements of the charity, identifying the difference the charity's work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. Para 1.20 Additional information (optional) You ma choose to include furth8r statements where relevanl about.. Achievements against objectives sel P4r8 1.41 Performance of fundraising activities against objectives sel Para 1.41 Investment performance against objectives P8r8 1.41 Other Financial Review Review of Ihe charity's financial position at the end of tho period Para 1.21 The financial position of the club is exactly as we expected from our first year as a charity. We are satisfied that we've had sufficient funds to operate our activities and will continue to do so in subsequent years. Unforeseen financial issues we came across, were our title {main sponsor) pulling out last minute. following a change in their management, which left us with no lime to find another. Secondly, additional charges {per each home game) were introduced by our landlord for 'ulilily costs,, which came about due to the cost of living crisis. Our game season ends during March, with couple of training sessionsltrials taking place in April. Plans are also in place to grow our merchandise sales and streaming platform. which appears to be growing in popularity WFth both away and home fans. Statement explaining the policy for holding reserves stating why they are held Para 1.22 We hold very little reseTves throughout the closed season. There are no unexpected costs coming in between the months of April and end of Julylbeginning of August. Existing sponsorsldonors. along with new, tend to pledge their sUPPOrt during the months of July and August. Others pledge their support continually throughout the season, ensuring we can continue to su ort our oun la ers throu hout. Amount of reserves held Reasons for holding zero reserves Details of fund materially in deficit Explanation of any uncertainties about the charily continuing as a going concern Para 1.22 £384 Para 1.22 Para 1.24 Not applicable Para 1.23 No concerns. Before deciding to become charity, Thunder as a club, had been in operation for over 20 years. Additional information {optionall You ma choose lo include further statements where relevant about.. Sponsorship and donations. Game day ticket sales and online sale5. Collaboration with schools and community groups lo sell tickets to pupils and their families, on the clubs behalf, in exchange for a percentage going to th8 school PTA. Own & Loan on player shirts, where fans pay upfront for a players home or away shirt and are presented with them at the end of season awards night. Live streaming of our home games, using a ticket platform Ihat pays funds directly into the club account. The charity's principal sources of funds (including any fundraising) Para 1.47 Investment policy and objectives including any social investment policy adopted Para 1.46 A descriplion of the principal risks facing the Gharity Para 1.46 Other structure, Governance and Management Description of charFty's trusts.. Type of governing document trust deed, ro al chai.ler How is the charity constituted? le.g Liniiicorporated association, CIO Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees Para 1_25 Constitution adopted 27 June 2023 Para 1.25 cio Para 1.25 Trustees are appointed, or reappointed, at the Annual General Meeting in July. Additional information (optional) You ma choose to include further statements where relevant about.. Policies and procedures adopted for the induction and training of trustees Para 1.51 The charity's organisational structure and any wider network with which the charity works Pao 1.51 Relationship with any relaled parties Para 1.51 other Reference and Administrative details Chari name other name the charit uses istered charil number Charity's principal address Thunder Ice Hocke MK Thunder 1203887 Club 1 South Row, Elder Gate, Milton Keynes MK9 1DL Names of the charlty trustees who manage the charlty Dates aoted If not for whole ear Trustee name Office lif any) Name of pèrson lor body) entltled toa oint trustee ifan Lauren Cox Chair Kim Blackwell Julie Hollinshead Nicola Cox 10 12 13 14 16 17 18 19 20 Cor orate trustees - names of the directors at the date the re ortwasa roved Dir8Ctor namè Name of trustees holding tille to property belonging to the charity Trustee name Dates actsd If not for wholg 8ar Funds held as custodian trustees on behalf of others Description of the assets held in this capacity Name and objects of the charity on whose behalflhe assets are held and how this falls within the custodian charity's objects Details of arrangements for safe custody and segregation of such assels from the charity's own assets Additional information loptionall Names and addresses of advisors (Optional information) Typo of Name Address advSser Nam8 of chlef executlve or names of senior staff members {Optional information) Exemptions from disclosure Reason for non-disclosure of ke ersonnel details other o tional information Declarations The trustees declare that they have approved the trustees, report above. Signed on behalf of the charity's trustees Slgnature(s) Full namo{s) Position (eg Secretarys Chair, etc) L4 ￿licoLA IAIR Date CHARITY COMMISSION FOR ENGLAND AND WALES THUNDERIHC 1203887 Receipts and payments accounts CC16a For the perlod from 0610712023 To 3010412024 Section A Receipts and payments Unrestricted funds Restricted funds Endgwment funds Total funds Last year to the near85t toth& near&st£ to the ngaresl£ to thg ngar08t £ to tho nèaro8t£ Aq Recelpts StK)Trsorship & Donations Olktr Ch8ril8ble A¢liwlies 17,939 14,747 17,939 74.747 Balanctr catried over Sub total(Gross income for e87 687 AR) 33,373 33,373 A2 A5S8t and Inv•stm•nt salès, (see tsblel. Sub total Totsl rocelpts 33.373 33,373 A3 Payments ChariiaNe A¢tiVilles 32.989 32,989 Sub total 32.989 32,989 A4 Asset and inve5tfflent purchases, (see table) Sub total 32.989 32,989 Net of receipts/(paymentsJ A5 Transfers be￿een funds A6 Cash funds last year end Cash funds this year end 3B4 384 384 3B4 CCXX R1 accounts ISSI 2810212025 Section B Statement of assets and liabilities at the end of the period Unrestricted fund8 to n8aro$t£ Restricted funds to neamtÉ Endowment funds to ngarost £ Categories Detai18 B1 Cash funds Cagb al Bgnk Total cash funds 384 ia9ree ba￿S￿lIh paynwnt Itig)) Unrestrictèd funds to i¥eore5t£ Restrlctgrl fund8 to tl8arnst E Endowment funds lo nearast £ Details Fund towhlch assèt b•lon CurreTrt value Details Costloption411 Fynd to which a&s01 bolon Detalls Cosl (optio￿1) ¥rrent valup tfonal B4 As80ts rgtained for the ¢harity'8 own use towhl¢h rolat•S Amount du& Ilonal wh￿ du8 iona Details 85 Liabilit1•$ Signod by one orts*i trustees on behawof all th8 trustees Date of roval SignaluTe Print Name L&uR£r4 Cc)% a812 CCXX R2 accounts ISSI 2710212025 CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of L5QEL i & rfocL LU On accounts for the year ended IF2 IL lol Charity no (if any) 11038S P Set out on pages 10 ftN> l( Ir*.mp.mhg.r tn Inr.Iiirtp fhp nAnp. Triimhp.rq nl additinnAI shp.p.*¢ I report to the trustees on my examination of the accounts of the above charity ("the Trust") for the year ended Responsibilities and As Ihe charity trustees of the Trust, you are responsible for Ihe preparation basis of report of the accounts in acGordance with the requirements of the Charities Act 2011 ('the Act"). I report in respect of My examinalion of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying oul my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b} of the Act. I have completed my examination. I confimi that no material matters have come to my attention {other than that disclosed below '} in connection with the examination which gives me cause lo believe that in, any material respect.. accounting records were not kept in accordance with section 130 of the Act or the accounts do not accord with the accounting records Independent examiner's statement I have no concerns and have come across no other matters in Connection with the examination to which attention should be drawn in order to enable a pro er understanding oflhe accounts to be reached. se delete the words in the brackets if they do not apply. Slgned: Date: 2}oz 2 Name: ALASJI AIR BAKROW Relevant professional qualifi¢ation{sl or body (if any): Addr8SS: S1FI i IL￿£ IER October 2018 Section B Disclosure Only complele if the examiner needs to highlight matter5 of concern (see CC32, Independent examination of charity accounts.. direGlions and guidance for &xaminersl. Glve here brief details of any items that the examiner wishes to disclose. IER October 2018