CHARITY REGISTRATION NUMBER: 1204792 Head in the Game CIO Unaudited Financial Statements 31 May 2024 BURGESS HODGSON LLP Chartered accountants Camburgh House 27 New Dover Road Canterbury Kent CT13DN
Head In the Game CIO Financial Statements Year ended 31 May 2024 Paga Trustees, annual report Independent examinerfs report to the trustees 11 Statement of financial a¢tNilies 12 Statement of financial position 13 Notes to the financial statements 14 The following pages do not form part of the financial stst8m8nts Detailed statement of financial activities 21
Head in the Game CIO Trustees, Annual Report Year ended 31 May 2024 The trustees present thelr report and the un8udiled flnanclal statements of the charty for the year ended 31 May 2024. Reference and admlnlstratlve detalls Reglstered charlty name Head in the Game CIO Charity registration number 1204792 Prlnclpal offlce Unil 12 Sparrow Way Lakesview Business Park Canterbury Kent The trustees Jo Dawes Jonathan Jonathan Wendy Hawk Danny O'callaghan Kimberley Jane Foulkes Michael Anthony Barclay (Appointed 19 Jonuory 2024) (Appointed 19 September 20231 (Appointed 20 February 20241 (Appointed 1S November 20231 (Appointed 19 September 2023) (Appointed 19 September 2023) Independent examiner Simon Bailey CTA FCA Carnburgh House 27 New Dover Road Canterbury Kent CT1 3DN
Head in the Game CIO Trustees, Annual Report (conllnue Year ended 31 May 2024 Structure, governance and management Organlsatlonal Structure The company is registered as a charitable incorporated organisalion ICIO) and was sel up by a CIO Foundation on 19 September 2023, as amended on 5 December 2024. HITG is overseen by a board of six Iruslees and three managers who meet every Six lo e1ve weeks to review strategy. operations. 8nd financial 3u51ainability. We maintain rigorous oversight of our finances and programme effectiveness through regulai internal Tevws. The CIO is a registered charity {number 12047921. Operations commenced 19th September 2023. Trustee selectlon methods Trustees afft appointed by the Board of Trustees. Following the charity's rggistralion with 3 founding Trustees. the trustees decided lo engage a process of open recruitment lo appoint three further trustees in late 2023 and 2024 resulting in new appointments lo the Board. The appointment of Declan O'callaghan, Jo Dawes and Wendy Hawk as a Iruslee's marks a significant step in slrenglhening the charity's leadership and strategic direction Trustees retain the ability to recommend individuals of interest to the Board. bul now primarily operate with an open recruilmenl policy following skills analysis ol the Board Inductlon and tralning of trustees New twslees undergo an initial induction lo brief on the role of a Iruslee, Head In The Game's charitable purpose. slr8legy and priorities, finances, staffing and operations and any current issues. Thereafter, there 18 an annu81 away d8y and other Iralning Is arranged as appropri81e
Head in the Game CIO Trustees. Annual Report (conlinuecl) Year ended 31 May 2024 Objectlves and actlvltles Head In The Game is a mental health charity eommilled lo preventing suicide and improving mental hea51h and mental fitness through sport. Our work is driver? by personal experience of Ioss, grief, and mental health struggles, as well as the Iransformalive role football and other sports have played in the lives of those we serve. Our mission is lo provide accessible and practical mental health support lo individuals of all backgrounds while addressing the stigma that continues to surround mental he8I1h. In 2Q24125, we continued lo deliver significant public benefit through our programs, projects, and advocacy work. with a core focus on sport as a vehicle for mental fitness. Key Activities and Impact 12-Week Mental Fitness Progr8ms Our flagship initiative, free 12-week mental fitness programs, remained al the heart of our service delivery. These prograrns provide participants with the opportunity lo engage in slruclured physical aclivily, includin9 football, badminton, and racquet sports, within a safe and 5UPPOrtive environment. Football Programs These sessions focused on promoting mental resilience, teamwork, and physical health while fostering an inclusive sense of community. Badmlnton and Racquet Sports Programs Introduced as an expansion lo our services. these 8POrts provide bw-impa¢t bul highly engaging physical aclivily, catering lo individuals who may prefer alternatives lo football or seek new ways to build confidence and self-esleem. Each program inlegrales ment81 health education, coping slralegies, and group discussions, helping participants nol only improve their ment81 fitness but a180 gain practical tools for managing stress. anxiety, and low mood. Community Engagement and Collaboration In collaboration wrth local communities, football clubs, and organi5alions, we expanded our outreach efforts lo make ment81 health support more visible and accessible. One standout event was the launch of WealdslDne FC'S Community Foundation during a match against Braintree Town, held in memory of Fred Tickell, who tragically took his own life. The event served as a powerful reminder of the urgent need for suicide prevention and mental health advocacy. Our work also involved slrenglhening partnerships with football clubs and community groups lo reach individuals who may not have olhetwise accessed mental health support. These collaborations allowed us to deliver tailored interventions lo specifr communities and demographics, widening our impact.
Head in the Game CIO Trustees, Annual Report (Coljllnuètl) Year ended 31 May 2024 Breaking Down Stigma A CO component of our work is ¢hallenging the sligma associated with mental health. We've used sport as a universal language lo nomalise conveTsations around mental wellbeing, creating an environment where participants feel safe discussing issues like anxiety, depression, and grief. By embedding mental health education within our programs. wa help participants understand their mental fitness and encourage them to seek help when needed. The Role of Supporters and Ambassadors Our supporters. including individuals like ex international footballer Steven Reid, have played an instrumental role in amplifying our mission. Steve became an official supporter ol the charity, setving as a powerful example of the Iransformalive impa¢¢ of our work. His advocacy and participation have allowed us lo inspire others lo prioritise their mental health and have opened new pathways lo engage with those who May benefit from our services. Advocacy and Awareness Campaigns In addition to our programs. we fo¢used on raising awane$S through public events. campaigns, and partnerships. These inilialives aimed lo educate the wider public about the importance of mental fitness. the value of early inlervenlion. and the critical need for suicide prevention. By sharsng stories of recovery, resilien, and hope, we have ¢onlinued to foster a ¢ullure of openness and Ljnderstanding. Overcomlng Challenges While we have made signilicanl progress, we continue to face challenges in funding and the persislenl stigma surrounding mental health. Despite these obstacles, we remain determined to provide free programs and ensure no one is turned away due lo financial barriers. Our ¢ommilment lo building partnerships, raising awareness. and fostering a sense of community has been pivotal in overcoming these challenges. Outcomes And Publlc Benefit Our work has directly benefitted individuals at risk of poor mental he8lth by equipping Ihem with tools lo manage their well-being, reducing isolation, and fostering a sense of belonging through sport. Participants have reported improvements in mood, confidence, and overall mental health, as well as a greater willingness lo engage in conversations aboLJI their well-being. By delivering these services al no cost, we have ensured accessibility for all, particularly those in underserved or marginalized communities. Through our programs and campaigns, Head In The Game continues lo create lasting change. PToviding life-saving support and breaking down ljarriers to mental health care.
Head in the Game CIO Trustees, Annual Report (Conllmuèd) Year ended 31 May 2024 Our Impact Throughout the year, HITG supported 389 people, offering slruclured 12-week programmes, workplace mental fitness sessions, and communily-based inilialives. Our particlpanls engaged in a variety of aclivilies, including football, ljadminlon. and other racquet sports, helping lo build resilience and improve overall wellbeing. We track all participation and impact data through our CRM database, allowing us to measure the effectiveness of our programmes. This includes recording allendance, en9agemenl levels, and feedback from participants. We also monitor diversity metrics lo ensure our programmes are inclusive and accessible lo all. Our data collection helps us refine our approach and demonslrale the tangible benefits of our work lo funders and stakeholders. Future Plans Looking ahead, HITG aims lo expand our impact by slrenglhening partnerships with local councils and launching year-long weekly drop.in sessions. These inilialives will provide continuous support for individuals struggling with their mental health, offering regular access to structured sessions and peer support networks. Contribution made by volunteers To dale. we are proud lo have 18 dedicated volunteers who play an integral role in the success ol the charity. Their commitment and hard work have allowed us lo expand our services into new geogmphi¢al areas, ensuring that more people have ac$$ lo our mental fitness programmes. Additionally, their efforts have been instrumental in developing meaningful legacy projects that leave a lasting positive impact on the c¢)mmunilies we serve. Perhaps most irnportanlly, our volunteers bring a wealth of lived experience, which they generously share with participants in our progr2mmes. This fosters a sense of connection, understanding, and inspiration, helping us to create a supportive and inclusive environment for everyone we work with.
Head in the Game CIO Trustees, Annual Report (conlinu8dl Year ended 31 May 2024 Achièvemgnts and performance Head In The Game has made remarkable strides in addressing mental health challenges by creating accessible, innovative, and impaclful programs that leverage the power of sport. Through a combination of free mental lilness inilialives, collaborative partnerships, high-profile support, and largeled Community engagernenl, the charity has improved the lThie5 of ils beneficiaries whilo eonlribuling lo broacler societal benefits. The charity's flagship 12-week mental fitness programs have been a game-¢hanger for individuals struggling with their mental health. Delivered through football and racquet sports such as badminton, these progiams provide participants with a sale inclusive Spa lo work on their mental and physic81 well-being. By focusing on fitness, teamwork, and Open dialogue, these sessions foster resilience, build confidence. and redu social isolation. Feedback from participants highlights the Iransfom81ive nature of these programs. Many report improved mental clarity, reduced feelings of loneliness, and enhanced coping mechanisms for managing stress. The structured yel flexible approach ensures that individLJals al all levels of fitness and mental health can participate and benefit. HITG has successfully forged meaningful relationships with football clubs across different levels of the game. from professional teams like Wealdslone FC to grassroots clubs such as Medway Uld North Under 11's. These partnerships allow the charity lo embed ils mental health messaging within the football community, using the sport as a platform lo reaGh individuals who may not olheNise engage with mental health support services. Sponsorship of youth teams like Medway Utd further demonslrales HITG'S commitment lo fostering mental health awareness al an early age. ensuring that young players grow up understsnding the importance of mental fitness 8longside physical lilness. The involvement of high-profile figures such as ex-England international Mall Jarvis and former professional footballer Steven Reid has signifi¢anlly raised the charily's visibility. Their support not only enhan¢es HITG'S crèdibility bul also helps lo normalise Conversations around mental health within the football community and beyond. These endorsements serve as a powerful reminder that mental health challenges can affect anyone and that seeking help is a sign of strength. HITG'S ability lo tsilor ils approach to different sectors has expanded ils reach and relevance. For example, the charity collaborated with the Royal Opera House lo deliver mental health workshops for employees in the arts sector. Similarly, HITG supported the construction industry during Mental Health Awareness Week, recognising the high prevalence of mental health challenges in this sector. These inilialives highlight HITG'S ad8Pt&bilily and commitment lo addressing mental health challenges across diverse communrties and professions. By meeting people where they are-whether in the workplace, the arts, or sports-the charity ensures its impact is both deep and wide-ranging. HITG has demonslraled innovation in its fundraising efforts, including the Euro 2024 England song inllialive and a Legacy 6-a-side tournament. These events not only raise vital funds lo sustain the charity's work bul also engage the communily in fun, memorable, and purpose.driven aclivilies. Donations from organisalions like Kent BNI, which raised £1,500, further underscore the charity's ability lo inspire support from a range of stakeholders. The launch of a text donation service also ensures that conlribuling lo the cause is simple and accessible for everyone. The appointment of Jo Oawes and Wendy Hawk as a Iruslee's marks a significant slep in slrenglhening the charity's leadership and strategic direction. By expanding ils governance team,
Head in the Game CIO Trustees, Annual Report (¢onlinuedJ Year ended 31 May 2024 HITG ensures that il has the expertise and capa¢ily to Sustain rts growth and maximiye its impact in the years lo come. HITG'S public campaigns, including ils 2023 Christmas campaign, were designed lo raise awareness about mental health while reducing stigma. These campaigns reinforce the message that mental health support is a universal need 2nd that no one should feel ashamed to seek help. The impact of HITG'S work on r(s benefi'ciaTies is profound and far-reaching. Participants in the charity's programs often come from backgrounds where mental health struggles have gone unaddressed due lo stigma, lack of access, or personal barriers. By providing a wel¢oming and non-judgmental space, HITG empowers individuals lo lake control of their mental health. Key outcomes reported by beneficiaries include.. Improved mental resilien¢8 and ¢oping skills. A reduction in feelings of loneliness and scKial isolation. Increased confidence and self-esteem. Beller physical health, which in turn supports mental well-being. The charity's focus on community and connection helps individuals feel seen, heard, and valued elements Ihal are critical for mental health recovery and growth. The work of HITG has ripple effects that extend beyond11s direct beneficlaries.. Bre&klng Down Stlgma Through public campaigns, high-profile endorsements, and ils presence in Iradilionally male-dominaled spaces like football, HITG is helping to normalize conversations about mental health. This reduction in stigma encourages more people to seek help and fosters a eullure of openness and support. Community Bullding By engaging people in group activities and sports, HITG strengthens social bonds and builds a sense of community. These connections are vital for combating loneliness and fostering 8 collective sense of purposa. Suicide Prevention WThlh ils roots in a mission to prevent suicide, HITG'S work directly addresses one of the mosl devastating outcomes of unlrealed mental health issues. By intervening early and providing accessible support. the charity saves lives and reduces the emotional and economic loll of suicKSe on families and communities.
Head in the Game CIO Trustees, Annual Report (continu8dJ Year ended 31 May 2024 Economlc Impact Mental health challenges ale a leading cause of lost productivity and increased heaKhcare costs. By helping individuals manage their mental health, HITG contributes to a heaFthier, more productive workforce ond reduces the burden on public health services. A Model for Other Organlsatlon8 HITG'S innovative approach to combining sports and mental hoallh serves as a model for olheT charities and organisalions. Ils success d8monslrales that creative. communily-driven solutions can make a tangible difference in addressing complex social issues. Concluslon Head In The Game's achievements over the past year refiecl ils unwavering commitment to improving mental health through sport and community engagement. By offering accessible programs, forming impacllul partnerships, and driving public awareness, the charity has transformed the lives of ils beneficiaries while contributing lo a healthier, more connected society. HITG stands as a beacon of h¢pe for individuals and communities grappling with mental health challenges, Proving that sport can be a powerful force for change.
Head in the Game CIO Trustees, Annual Report (conlNnuedJ Year ended 31 May 2024 Financial review Head In The Game holds reserves lo ensure the stability and suslainabilily of our charitable operations, enablin9 us lo fulfil our mission lo prevent suicide 2nd improve menlal health Ihrou9h sport. Reserves are a crucial part of our financial planning. providing a safeguard against unforeseen circumstances and financial challenges. The reserves are maintained to ensure the conlinuily of our 12-week mental filness programs and other critical inilialives, even during periods of funding shortfalls. They also provide financial security in case of unforeseen events, such as a sudden drop in donations, increased demand for services, or unexpected expenses. Additionally. reseNes allow us lo invest ir) opportunitie5 that align with our mission, such as expanding our mental health programs or developing partnerships. ensuring lon9-term impact. The target level of reserves is reviewed annually by our Board of Truslees, considering operating Costs, risks, and sl¥alegi¢ priorities. Typically, we aim to hold reserves equivalent lo 25tsA of operating costs, prowding a balance between financial security and the elfeclive use of funds. Our reserves are managed in line with our financial policies, wi(h regular monitoring and Teporting lo ensure transparency and accounlabilily. Any decision to ulilise or adjust reserves is made collaboratively by the Trustees, prioritising the charity's long-lerm slabilily. By maintaining an appropriate level of reserves. Head In The Game ensures that we can continue lo deliver vital mental health support while adapting lo challenges and seizing opportunities lo expand our impact. Review of the golng concern of the ¢harity After making 8PPTOPTiale enquiries. the Iruslees have a reasonable expectation that the charity has 2dequale resources to continue in operational existence for the foreseeable future. For this reason they ¢onlinue lo adopt the going con¢ern basis in preparing the financial slalemenls. Further details regarding the adoplion of the going concern basis can be found in the Accounting Policies. Funding has been secured from Herne Bay PCN. Bexley Council, and Sevenoaks Borough Council. ensuring the suslainabilily of our op8r8tions throughout 2025. PrlncSpal sources of funds The Principal sources of funding are National Lottery, individuals, companies, charitable trusts and other organisalions with an interest in the communities of EnglandlKenVMedway. Significant donations weie received during the period from a number of chaTitable trusts, individuals, statutory bodies and corporations including..
Head in the Game CIO Trustees. Annual Report Iconllnuedl Year ended 31 May 2024 Tunbridge Wells Council1£2.3351 Sevenoaks Borough Council {£7,475) Gravesham Council1£2,5001 Charity Membership {£2,0001 Principal risks facing the charity As a charity dedicated lo improving mental health and preventing suicide, Head In The Game faces several principal risks. One of the most significant is the possibility of a participant taking their own life. which. despite our best efforts, remains a tragic reality in the field of menial health. Su¢h an event could profoundly impact our staff, volunteers, and wider community. Additionally, the risk of participant injury during physical activities is ever-present and requires diligent health and safely protocols lo miligale. Repulalional damage is another key concern, as maintaining trust within the community is essential lor our work. This risk could arise from external factors or misunderstandings. Securing adequate funding also remains a critical challenge.. without consistent financial support, the suslainabilily of our programmes is al risk. Furthemore, shifting governmental priorities and policies could divert attention and resources away from ment81 health initiatives. potentially affe¢ling our ability lo deliver services and expand our reach. These risks necessilale robust risk management strategies and a proactive approach lo safeguarding our mission. The Iruslees, annual report was approved on Iruslees by.. 3110312025 and signed on behalf of the board of ToAke KimbeTley Foulke5 IM3r 1, 2025 LO.'39GMT+II Kimberley Jane Foulkes Trustee Charity Secretary 10
Head in the Game CIO Independent Examiner's Report to the Trustees of Head in the Game CIO Year ended 31 May 2024 I report lo the Irusle8s on my examination of the financial statements of Head in the Game CIO I'lhe cherily'l for the year ended 31 May 2024. Responslbilitiès and basis of report As the trustees of the charity you are responsible for the preparation of the financial slatoments in accordance with the requirements of the Charities Act 2011 I'lhe Act,). I report in respect ol my examination of the charity's financial slalernenls carried out under section 145 of Ihe 2011 Act and in carrying out my examination I have followed all the applrcable Directions given by the Charity Cornmi88ion under Section 145{5llb} of the Act. Independent examlnerf$ statement I have completed my examination. I confirm th81 no material mallers have come lo my attention in connection with the examination gimng 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 financial slalements do not accord with those records,. or the fin8ncial slalemenls do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Aceounls and Reports) Regulations 2008 other than any requirement that the accounts give a 'lrue and fairf view which is not a maller considered as part of an independent examination. I have no concerns and have come across no other mallers in connection with the examination to which attention should be drawn in this report in order lo enable a proper understanding of the accounts to be reached. . °'lofl %( Simon Bailey CTA FCA Independent Examiner Camburgh House 27 New Dover Road Canterbury Kent CT13DN 11
Head in the Game CIO ststement of Financial Activities Year ended 31 May 2024 2024 Restricted funds Totsl funds Total funds 2023 Unrestricted funds Notg Income and endowments Donations and legacies Investment income 117,626 118 4,672 122,298 118 79.602 Total Income 117.744 4.672 122.416 79,602 Expendlture Expenditure on charitable activities Totsl expgnditure 106,994 106.994 4,672 4,672 111.686 111,666 79,602 79.602 Net income and net movement In funds 10,750 10,750 Reconciliation of funds Totsl funds brought foward Total funds carrled forward 13,347 13.347 13,347 24,097 24.097 13,347 The statement of financial aclNities includes all gains and losses recognised in the year. All income and expenditure derive from continuing aclivilies. The notes on pages 14 to 19 form part of thesè financlal statements. 12
Head in the Game CIO Statement of Financial Position 31 May 2024 2024 2023 Note Current assets Cash al bank and in hand 33,547 13.753 Creditors.. amounts falling due within one year Net current assets 10 9,4SO 24,097 24.097 13,347 Total assets less current liabilities 13,347 Net assets 24.097 13,347 Funds of the charity Unrestricted funds 24,097 13,347 Total charity funds 24.097 13,347 These financial slalemenls were approved by the board of Iruslees and aulhorised for issue on and are signed on behalf of the board by.. ToHlk 1, 302S 10.39 GI.IT+II Kimberley Jane Foulkes Trustee The notes on pages 14 to 19 form part of the$È finan¢ial statements.
Head in the Game CIO Notes to the Financial Statements Year ended 31 May 2024 Gèneral informatlon The charity Is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is 302 Office 302 Lombard House, Uppe¥ Bridge Street, Canlerbury. Kent, CTI 2NF. Statement of compliance These financial slalemenls have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of Recommended Practice applicable lo charities preparing Iheir accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021 (Charities SORP IFRS 1021} and the Charities Act 2011. Accountlng policies Basls of pparatIOn The financial slalemenls have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and invaslmenl properties measured at fair value through income or expenditure. The financial statements are prepared in sterling. which is the functional currency of the entity. Going concern There are no malertal uncertainties about the charity's ability lo continue. Judg8m8nts and k&y sour¢es of estimatlon un¢ertalnty Eslimales and judgements are continualty evaluated and are based on historical experience and other factors, including expectations of future events that are be5ieved lo be reasonable under CircumstanS. There were no judgernenls, eslimales or sssumplions that will materially affect the financial slalemenls in the period. Fund accounting Unrestricted funds are available for use al the discretion of the trustees lo further any of the charity's Purposes. Designated funds are unreslricled funds eaTmarked by the trustees for particular future project or commitment. Reslricled funds are subjected lo restri¢tions on their expenditure declared by the donor or through the terms of an appeal. and fall into one of two sub-classes.. reslricled income funds or endowment funds. 14
Head in the Game CIO Notes to the Financial Statements iconiinuèdl Year ended 31 May 2024 Accountlng poll¢les (contlnued) Incoming resources All incoming resources are included in the slalemenl of financial activities when enlitlemenl has passed lo the charity.. il is probable that the economic benefits asso¢ialed with the transaction will flow to the charity and the amount can be reliably measured. The following spe¢ili¢ policies are applied to parti¢uL4r categories of income.. income from donations or grants is recognised when Ihefft is evidence of enlillemenl to the gfft, receipt is probable and its amount can be measured reliably. legacy income is recognised when receipt is probable and entillemenl is established. income from donated goods is measured al the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost lo the donor or the eslimalecl resale value. Donated fa¢ilities and servi5 are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. income from ¢onlra¢ls for the supply of service5 IS Tecognised with the delivery of the contracted servi. This is classified as unreslricled funds unless there is a conlraclual requirement for il lo be spent on a particular purpose and relumed if unspent, in which case il may be regarded as reslricled. RÈsour¢es expended Expenditure is recognised on an accruals basis as a liability is in¢urr8d. Expenditure inclvdes any VAT which cannot be fully recovered, and is classified under headings of the slalemenl of financial 8clivilies lo which il relates.. expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading acliwties, and the sale of donated goods. expenditure on charitable activities includes all costs incurred by a ¢h8rity in undertaking a¢livilies Ihal further ils charitable aims for the benefit of i(s beneficiaries. including those support costs and cosls Telaling lo the governance of the charity apportioned lo charitable aclivilies. other expandilure includes all expenditure that is neither related lo raising funds for the charity nor part of ils expenditure on ¢haritable activities. All costs are allocated lo expenditure categories reflecting the use of the resource. Direct cos15 allributable lo a single activity are allocated diTeclly lo that aclivily. Shared costs are apportioned belween the activities they contribute lo on a reasonable, jtjslifiable and consislenl basis. Financial instruments A financial asset or a financial liability is recognised only when the charity becomes a party to the conlraelual provisions of the inslrumenl. Basic financial inslrijmenls are initially re¢ognised al the amount receivable or payable including any related transaction G051s. 15
Head In the Game CIO Notes to the Financial Statements (continued) Year ended 31 May 2024 Accounting policies (continued) Flnancial Snstruments (Conllnuedj Current assets and current liabilities are subsequently measured al the cash or other ¢onsidaralion expected lo be paid received and not discounted. Debt instruments are subsequently measured al amortised cost. Vvhere investments in shares are publicly traded or their lair value can otherwise be measured reliably, the investment is subsequently measured al fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured al cost less impairment. Other financial inslrumenls, including deTivalives, are Initially recognised al fair value, unless payment for an asset is deferred beyond normal business terms or fInand al a rale of interest that is not a market rate, in which case the asset is measured al the present value of the future payments discoLJnled at a market rale of interest for a similar debt InstrueNt. Other financial instruments are subsequently measured at fair value, with any changes recognised in the slalemenl of financial activities, with the exception of hedging instruments in a designated hedging relationship. Financial assets that are measured al cost or amortised cost are reviewed for objective evidence of impairmenl al the end of each reporting dale. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised. For all equity instruments regardless of significan, and other financial assets that are individually significant. these are assessed individually for impairment. Other financial assets are either assessed individually or groLJped on the basis of similar ¢redit risk characteristi¢s. Any reversals of irnpairmenl are recogllised immediately, lo the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised. Donations and legacies Unrestricted Funds Reslricled Total Funds Funds 2024 Donations Donations and Grants 117,626 4,672 122.298 Unrestricted Funds Reslricled Total Funds Funds 2023 Donations Donations and Grants 79,602 79,602 16
Head In the Game CIO Notes to the Flnanclal Statements (contlnued) Year ended 31 May 2024 Expgndlturo on charltsblg actlvltles by fund type Unreslricled Funds Restricted Total Funds Funds 2024 Sports based mentsl health programme8 106,994 4,672 111.666 Unrestricted Fur*ds Restricted Total Funds Funds 2023 Sports based m8ntal health programmes 79.602 79,602 Expenditura on charitabl£ activities by a¢tivKy type Activities undertaken Total funds directly 2024 Totsl fund 2023 Sports based mental health progr8mmes 111,666 111,686 79,602 Independent examlnatlon fees 2024 2023 Fees payable lo the independent examiner for.. Independent examination of the financial slalemenls 1,100 Staff costs The lolal staff costs and employee benefits for the reporting period are anaSed as follows.. 2024 2023 Wages and salaries Other employee benefts 71,901 281 52.910 610 72,182 53.520 The average head count of employees during the year was 512023.. 31. No employee received employee beneff(s of more than £60,000 during the year {2023'. Nil). Trustee remuneration and expenses During the year, no remuneration or other benefits from omployment with the charity were receNed by the tru81ee812023'. £nill. 17
Head In the Game CIO Notes to the Financial Statements fcontltsu Year ended 31 May 2024 10. Crgdltors.. amounts falllng dug wlthln ono year 2024 2023 Trade creditors Accruals and deferred income 406 9.450 9.460 406 11. Analysls of charltable funds Unrestricted funds Al 1 June 2023 At Income Expenditure 31 May 2024 General funds 13.347 117,744 1106,9941 24,097 Al 1 June 2022 Al Income Expondilure 31 May 2023 General funds 13,347 79.602 179,6021 13,347 Restrlcted funds Al 1 June 2023 At Income Expenditure 31 May 2024 Restricted Funds 4,672 {4,6721 Al 1 June 2022 At Income Expenditure 31 May 2023 Restricted Funds q2. Anatysis of net assets between funds Unrestricted Funds Restricted Total Funds Fund5 2024 Cuirent assets Ciedilors less than 1 year Net as$8ts 26,047 11,9501 24,097 7,500 17,500) 33,547 19,450) 24.097 Unrestricted Funds Restricted Total Funds Funds 2023 Current assets Creditors less than 1 year Net assets 13.753 14061 13.347 13,753 {406) 13,347 18
Head in the Game CIO Notes to the Financial Statements (coiiiitJU8d) Year ended 31 May 2024 13. Operatlng lease commitments The lolal future minimum lease payments under nOn-cance118b operating leases are as follows.. 2024 2023 Not later than 1 year 3,500 14. Related parties No transactions with related parties look place during the year. 19
Head in the Game CIO Manag8ment Informatlon Year ended 31 May 2024 The followlng paggs do not fomi part of the flnanclal statements. 20
Head In the Game CIO Detailed Statement of Flnan¢lal Actlvities Year ended 31 May 2024 2024 2023 Income and endowments Donatlons and legacles Donations 8nd Grants 122.298 79,602 Investment income Bank interest 118 Total Income 122.416 79,602 Expendlture Expendlture on eharltsble activltle$ Purchases Wages and salaries Staff Tr8ining Pitch & Location Hire Rent Repairs and mainlonance Insurance Advertising & Marketing Other molorltravel costs Legal and professional fees Telephone Other office costs Computer software, consum8bles and malnlenanGe Piinling, postage and slalionery Subscriptions 4.154 71,901 281 4.675 12,901 808 52,910 610 8,253 6,800 148 138 2,830 1,184 3.236 531 283 1,008 736 127 191 9.638 305 5,307 715 101 476 414 607 111.666 79,602 Total expgndlturo 111,666 79,602 Net income 10.750 21