Charity registration number.. 1205246 CORNFIELD ACCOUNTANTS DYNASTY REIGN ALLSTARS TRUSTEES, REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
Dynasty Reign Allstars Contents Pago Trustees, Report Independent Examiner's Report Statement of Financial Activities Statement of Financial Position Notes lo the Financial Statements 9-13 The following pages do not form part of the statutory accounts.. Detailed Statement of Financial Activities 14-15
Dynasty Reign Allstars Trustees, Report ForThe Year Ended 31 July 2025 The Iruslees present their report and the financial stslemenls for the year ended 31 July 2025. Objectives and Activities Aims and Objectives Dynasty Reign Allstars was registered as 8 Charitable Incorpomted Organisation ICIOI in June 2023. The charity's purpose is lo advan the amateur sport of cheerleading in East Sussex for public benefit through the provision of participation facilities and activities for individuals aged 4 and above. The core mission of Dynasty Reign Allslars is lo promote social welfare by providing cheedeading, gymnasts'cs, and physical activities to the inhabitants of St. Leonards and surrounding areas, with a focus on improving their condition of life. Key objectives include.. Advancing cheerleading for public benefit. Providing opportunities for personal and athletic development. Promoting social inclusion for economically disadvantaged individuals and their families. Publlc Beneflt The trustees confirm that they have complied with the duty In Section 17 of the Charities Act 2022 to have due regard to the Charity Commission's guidance on public benefit. All activities underiaken by Dynasty Reign Allstars are aimed al promoting participation in cheerfeading for physical, social, and mental well-being. The chsrity's programmes are inclusive and designed to provide equal opportunities for all, particularly focusing on youth development and social inclusion through sport. Achlevements and Performance Main Achigvoments Membership In the year ending 31 July 2024, the charity served 95 members 155 competitive athletes and 40 recreational athletes), with teams spanning various age groups from 4 to 21. The alhleles were structured in the following teams.. Tiny Novice Level 1 aged 4-6 Mini Novice Level 1 aged 7-8 Youth Novice Level 1 aged 9-11 Allstar Youth Level 1 aged 8-12 Allstar Junior Level 1 aged 9-14 Allstar Senior Level 1 aged 12-21 Allstar Junior Level 2 aged 11-14 Prep Junior Level 1 aged 9- 14 4-6 years Recreational Team 74 years Recreational Team g+ years Recreational Team Competition Achievements During the season the teams achieved amazing results.. Allstar World Championships Moonstone- World Champions Opal - Silver Champions Emerald- Bronze Champions ..CONTINUED Page 1
Dynasty Reign Allstsr5 Trustees. Report {continuedl For The Year Ended 31 July 2025 Main Achievements- Continued Elile teams- 16 x 1st places and 8 x 2nd plaS Grand Champion titles - 5 Judges choice awards - 3 National Champion title- 2 Speciality performan awards- 3 Bids secured Battle ofchampions 2026- 8 Allstar worlds Florida 2026 - 3 AIA Global Tournament Canada - 3 European Summit Portugal - 1 Youth Summit Florida - 1 Novice and Prep teams- 9 x 1 st, 3 x 2nd, 3 x 3rd, Superior and Excellent ratings. Volunteer Contributions The charity's success is built on the hard work of its dedicated volunteers, including coaches, junior coaches, and supportive parents. Financial Review Financial Position The charity closed the financial year with reserves of £42,56612024.' £13,704), primarily held for the employment of a programme development manager and for future growth. The funds are used lo ensure operational security, meet unforeseen expenditures and support capital purchases for gym equipment. Reserves Policy Dynasty Reign Allstars holds funds to secure ongoing operations in case of redd income, unexpected costs and to fund capital expenditures and support schemes for members facing financial difficulties. Risk Management During the 2023-2024 period, the trustees identified several potential risks lo the charity's operations, including.. Financial Risk.. The Iruslees ensured prudent financial management by maintaining a resetwes policy and monitoring cash flow to safeguard against unexpected drops in Income. Safeguarding Risk.. The charity followed strict safeguarding policies, with DBS checks and safeguarding officers in place. Trustees worked closely with Coaches to ensure that all activities are conducted in a safe environment. Operational Risk.. As the charity expanded, managing the increasing number of members and teams presented logistical challenges. To miligale this, Dynasty Reign Allstars developed slruclured coaching programmes and ensured that volunteers were well-trained to handle the workload. ..CONTINUED Page 2
Dynasty Reign Allstsr5 Trustees. Report {continuedl For The Year Ended 31 July 2025 Risk Management- continued Future Focus and Strategic Development Dynasty Reign Allstars is commilled lo long-term growth, both in terms of membership and the professional development of ils staff. Future plans include.. Employing a full-lime Head Coach to lead and oversee all training programmes and competitions. Six junior coaches and three assistant coaches completed their coaching courses to become qualified in October 2024, ensuring a strong leadership pipeline for the fLJture. Expanding the charity's reach by promoting cheedeading in local schools and community centres, encouraging broader participation. Increasing fundraising efforts to ensure financial sustainability and continued investment in equipment and facilities Trustee and Stsff Development Dynasty Reign Allstsrs has taken significant steps to enhance ils leadership and coaching structure. In February 2024, Ashleigh Rowe was employed as the CEO Programme Director, a pivotal role responsible for overseeing all aspects of the charity's operational and coaching programmes. This full-lime position has allowed the charity lo professionalise ils operations, ensuring the long-lerm development and sustainability of the organisation. Additionally, plans are underway lo qualify six junior coaches and provide further development opportunities for o assistant coaches, strengthening the coaching infraslruclure for future growth. Looking ahead, the charity aims to.. Employ a full-time Head Coach to oversee day-lo-day training and operations. Support six junior coaches in gaining form81 qualifications, ensuring they are equipped to lead future teams. Provide further development opportunities for two assistant coaches lo strengthen the coaching infrastructure. Structure, Governance and Management Governing Document Dynasty Reign Allstsrs is a Charitable Incorporated Organisation. The charity is governed by a deed of trust and trustees are selected or re-appointed at the AnnLJal General Meeting IAGMI held in November. Membership is open lo all children and young adults who meet basic safety and instructional requirements. The charity follows safegLJarding policies. with all trustees and coaches undergoing DBS checks. Trustees servlng durlng the perlod Nadine Best Louise Harding Becky Duly Debbie Sinfield In February 2024, the charity employed a CEO and programme director. From this date, Becky Duly no longer participates in any decisions that involves the CEO, due lo them being a connected person. This was agreed by the remaining trustees. Page 3
Dynasty Reign Allstars Trustees. Report Icontinuedl For The Year Ended 31 July 2025 Reference and Administrative Details Trustees Ms N Best Ms L Harding Ms D Sinfield Mrs R Duly Charity Number 1205246 Principal Address Robsack Centre Bodiam Drive Sl. Leonards-on-sea East Sussex TN38 9TW Independent Examlner Cornfield Accountants Limited 5 Comfield Terrace Eastbourne BN214NN Page 4
Dynasty Reign Allstars Trustees. Report Icontinuedl For The Year Ended 31 July 2025 Statement of Trustees. Responsibilities The trustees are responsible for preparing the Report of the Trustees and the financial slalemenls in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practi1. The law applicable to charities In England and Wales, the Charities Act 2022, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the trustees to prepare financial ststemenls for each financial year which give a true and fair view of the slate of affairs of the charity and of the incoming resources and application of reSoUrs, including the income and expenditure, of the charity for that period. In preparing those financial stalemenls, the trustees are required to select suitable accounting policies and then apply them consistently., observe the methods and principles in the Charity SORP., make judgements and eslimales that are reasonable and prudent., prepare the financial statements on the going cOnM basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping proper 8ccounting records which disclose with reasonable 8ceuracy al any time the financial position of the charity and lo enable them lo ensure that the financial statements comply with the Charities Act 2022, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hen for taking reasonable steps for the prevention and detection of foud and other irregularities. The Iruslees. report was approved by the board of Iruslees and signed on ils behalf by.. Ms D Sinfield TnBte Date 04 Dec 2025 Page 5
Dynasty Reign Allstars Independent Examlner's Report to the Trustees of Dynasty Relgn Allstars For The Year Ended 31 July 2025 I report to the Iruslees on my examination of the accounts of Dynasty Reign Allslars (the Trust) for the year ended 31 July 2025. Responsibilities and Basis of Report As the charity Iruslees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20221'lhe Acl'l- I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 14515llbl of the Act. Independent Examiner's Statement I have completed my examination. I confirm that no material matters have come lo my allenlion in connection with the examination giving me cause to believe that in any material respect". 1. accounting records were not kept in respect of the Trust as required by section 130 of the Act,. or 2. the accounts do not accord with those records,. or 3. the accounts do not comply with the applicable requirements concerning the form and contents of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'lrue 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 lo enable a proper understanding of the accounts to be reached. L._.sa Cornfield Accountants Limited Date 5 Comfield Terrace Eastbourne BN214NN 04 Dec 2025 Page 6
Dynasty Reign Allstars Statement of Financial Activities For The Year Ended 31 July 2025 31 July 2025 31 July 2024 Unrestricted Unrestricted funds funds Notes INCOME AND ENDOWMENTS FROM: Donations and legacies Charitable activities". Development, launch and delivery of sporting activities Investments 29,830 20,010 153,354 66 82,385 146 183,250 102,541 EXPENDITURE ON: Charitable activities.. Development, launch and delivery of sporting activities NET INCOME 1154,3881 188,8371 28,862 13,704 NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS: Totsl funds brought forward TOTAL FUNDS CARRIED FORWARD 28,862 13,704 13,704 11 42,566 13,704 The notes on pages 9 to 13 form part of these financial statements. Page 7
Dynasty Reign Allstars Statement of Financial Posltlon A$ At 31 July 2025 31 July 2025 31 July 2024 Unrestrieted Total funds funds Notes FIXED ASSETS Tangible Assets 6,453 8,725 6,453 8,725 CURRENT ASSETS Debtors Cash at bank and in hand 6,315 54,894 34,240 61,209 34,240 Creditors: Amounts Falling Due Within One Year 10 125,0961 129,2611 NET CURRENT ASSETS (LIABILITIES) 36,113 4,979 TOTAL ASSETS LESS CURRENT LIABILITIES 42,586 13,704 NET ASSETS 42,566 13,704 FUNDS OF THE CHARITY Unrestricted Funds 42,566 13,704 TOTAL FUNDS 11 42,566 13,704 On behalf of the board Ms D Sinfield TrLBle Date 04 Dec 2025 The notes on pages 9 to 13 form part of these financial ststemenls. Page 8
Dynasty Reign Allstars Notes to the Financial Statements For The Year Ended 31 July 2025 1. General Information Dynasty Reign Allstars is a charitable incorporated oryanisalion registered with the Charity Commission, registered charity number 1205246. The principal address is Robsack Centre, Bodiam Drive, St. Leonards-on-sea, East Sussex , TN38 gTW. 2. Accounting Policies 2.1. Basis of Preparation of Financial Statements The financial statements have been prepared in accordance with the Charities SORP IFRS 1021 "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and RepLJblic of Ireland IFRS 1021 leffeclive 1 January 20191" Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Charities Act 2022. The charity is a Public Benefit Entity as defined by FRS 102. 2.2. Going Concem Disclosure There are no material uncertainties that cast doubt on the charity's ability to continue as a going COnrn. 2.3. Fund Accountlng Unrestricted funds can be used In accordan with the charitable objectives al the discretion of the trustees. Restricted funds Can only be used ftir particular reslricled putFX)ses within the objects of the eharily. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial slatemenls. 2.4. Tangible Fixed Assets and Depreciation Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided al rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useftjl lives on the following bases.. Plant & Machinery Fixtures & Fillings Computer Equipment 25Q/o Reducing balance 25Q/o Reducing balance 33Q/o Straight line 2.5. Taxatlon The charity Is exempt from tax on its charitable aclivilies. 2.6. Income l income is recognised in the Statement of Financial Activities once the charity has entitlement lo the funds, it is probable that the income will be received and the amount can be measured reliably. Page g
Dynasty Reign Allstars Notes to the Financial Statements Icontinuedl For The Year Ended 31 July 2025 2.7. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity lo that expenditure, il is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Infftere costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. 3. Investment Income 31 July 2025 31 July 2024 Unrestricted Unrestricted funds funds Bank interest receivable 66 146 4. Analysis of Exponditurg 31 July 2025 Actlvltles undertaken directly Support costs Isee note 51 Total Development, launch and delivery of sporting activities 123,544 30,844 154,388 31 July 2024 Activities undertaken directly Support Costs (see note 51 Total Development, launch and delivery of sporting activities 59,780 29,057 88,837 Page10
Dynasty Reign Allstars Notes to the Financial Statements Icontinuedl For The Year Ended 31 July 2025 5. Support Costs 31 July 2025 Development, launch and delivery of sporting activities Employee costs Premises expenses General administration Depreciation Interest payable 838 21,885 5,654 2,419 48 30,844 31 July 2024 Development. launch and delivery of sporting activities Employee costs Premises expenses General administration Depreciation Interest payable 798 20,849 4,322 3,042 46 29,057 6. Staff Costs Staff costs We as follows". 31 July 2025 31 July 2024 Wages and salaries Social security costs other pension costs 34,311 1,348 713 15,000 178 36,372 15,178 No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000. Page 11
Dynasty Reign Allstars Notes to the Financial Statements Icontinuedl For The Year Ended 31 July 2025 7. Average Number of Employees Average number of employees during the year was.. 2 {2024.' 11 8. Tangible Assets Plant & Machlnery Fixturos & Computer Flttings Equipment Total Cost As at 1 August 2024 Additions 10,250 315 147 1,203 11,768 147 As at 31 July 2025 10,250 462 1,203 11,915 Depreciation As at 1 August 2024 Provided during the period 2,563 1,922 79 96 401 401 3,043 2,419 As at 31 July 2025 4,485 175 802 5,462 Net Book Value As at 31 July 2025 5,765 287 401 6,453 As at 1 August 2024 7,687 236 802 8,725 9. Debtors 31 July 2025 31 July 2024 Due within one ygar Trade debtors 6,315 10. Creditors: Amounts Falling Due Within One Year 31 July 2025 31 July 2024 Trade creditors 1,183 15.011 6,523 1,485 894 12,192 15,011 168 1,050 840 other loans other creditors Taxation and social security Accruals and deferred income 25,096 29,261 Page12
Dynasty Reign Allstars Notes to the Financial Statements Icontinuedl For The Year Ended 31 July 2025 11. Movement in Funds Asat1 August 2024 Asat31 Expenditure July 2025 Income Unrestricted funds General.. General unrestricted fund 13,704 183,250 1154,3881 42,566 Total funds 13,704 183,250 1154,3881 42,566 Asat4 June 2023 Asat31 Expenditure July 2024 Income Unrestricted funds General". General unrestricted fund 102,541 188,8371 13,704 Total funds 102,541 188,8371 13,704 12. Transactions with Trustees None of the Iruslees received any remuneration or any other benefits from an employment with the charity or a related entity during the current or previous year. During the year the expenses reimbursed lo the trustees or paid directly to third parties were as follows.. 31 July 2025 31 July 2024 Other Expenses 63 13. Related Party Dlsclosures A loan was intrOdUd by a member of staff in 2024 amounting to £15,011 and is still repayable on demand. Page13
Dynasty Reign Allstars Detailed Statement of Financial Activities For The Year Ended 31 July 2025 31 July 2025 31 July 2024 Total funds Total funds INCOME AND ENDOWMENTS FROM.. Donations and legacies Donations and gifts 29,830 20,010 29,830 20,010 Charitable Activities: Development, launch and delivery of sporting activities Monthly and competition fees Membership income Uniform income 112,555 8,025 32,774 69,328 4,673 8,384 153,354 82,385 Investments Bank interest receivable 66 146 66 146 183,250 102,541 EXPENDITURE ON: Charitsble Activities: Development, launch and dellvery of sportlng actlvltles Competition fees Music Competition travel costs Uniform expenses Advertising, marketing, direct mail and publicity Wages and salaries Employers Nl Employers pensions - defined contribution schemes Travel and subsistence expenses Other direct costs Wages and salaries Staff training Rent 133,0431 12,0451 113,8491 132,8161 1281 134,3411 11,3481 17131 14,6771 16841 30 18681 119,6401 11,0481 1361 11,1611 11,0711 11,5501 1131 120,5221 11,5181 14,5461 113,2171 1681 115,0001 11781 14,0321 16991 17981 118,9031 11321 15951 11,2191 12591 11,3121 1121 ..CONTINUED Repairs and maintenance Cleaning Other premises costs Computer softwa, consumables and maintenance Insurance Printing, postage and stationery Page 14
Dynasty Reign Allstars Detalled Statement of Financial Activities Icontlnuedl For The Year Ended 31 July 2025 Telecommunications 114} 19481 11191 1134} Accountancy fees Subscriptions Charitable donations Entertaining Sundry expenses Choreography Depreciation of plant and machinery Depreciation of fixtures and fittings Depreciation of computer equipment Bank charges 18401 11031 12881 11,5081 17551 11,0501 11,9221 196} 1401} 1481 12,5621 1791 14011 1461 1154,3881 188,8371 1154,3881 188,8371 NET INCOME 28,862 13,704 Page15