Charity registration number: 1205376
**TAKE HER LEAD TRUSTEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025**
GMS FC Limited 1 London Road Ipswich Suffolk IP1 2HA
## **TAKE HER LEAD Contents**
||**Page**|
|---|---|
|Trustees' Report|1—3|
|Independent Examiner's Report|4|
|Statement of Financial Activities|5|
|Balance Sheet|6|
|Notes to the Financial Statements|7—9|
|The following pages do not form part of the statutory accounts:||
|Detailed Statement of Financial Activities|10|
**TAKE HER LEAD**
## **Trustees' Report For The Year Ended 31 October 2025**
The trustees present their report and the financial statements for the year ended 31 October 2025.
## **Objectives and Activities**
## **Aims and Objectives**
The principal activity of the Charity are the promotion of equality and diversity in sport, more specifically cricket, healthy recreation and leisure for the public benefit by working to eliminate discrimination on the grounds of sex or gender, to increase the participation of women and girls and to assist in the provision of facilities, equipment and opportunities for women and girls.
The Charity achieves these aims by running programmes for women and girls participating in cricket, providing a newtwork for Women and girls who have 'off pitch' roles in recreational cricket and supporting research in female roles models within the sport.
## **Public Benefit**
The charity furthers its purposes for the public benefit by running programmes and events that promote equality and diversity in sport, and by increasing the participation of women and girls in cricket. During the year the charity delivered activities aimed at reducing barriers to participation on the grounds of sex or gender, creating opportunities for women and girls to take part in the sport, and supporting those in "off-pitch" roles within recreational cricket. These activities are open to the public and are directed at the charitable objects for the benefit of the community, with no private benefit beyond that which is incidental to carrying out the charity's purposes.
The trustees confirm that they have complied with the requirements of Section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s guidance on public benefit.
## **Achievements and Performance**
## **Main Achievements**
During the course of this reporting period, the organisation has organised and supported numerous events involving hundreds of participants. These events have been run in 2024 and 2025 all around the UK and have involved as many local clubs as possible. However, the Trustees recognise the opportunity to increase participation on a wider national scale. Young people involved with the events have had the opportunity to try cricket, meet some female professional players and hopefully feel inspired to continue to participate in local supporting clubs and organisations.
## **Financial Review**
## **Financial Position**
The charity generated total income of £183,374 during the year ( _2024: £122,889_ ), received from donations, sponsorship, charity events and grant funding. Expenditure for the year was £106,977 ( _2024: £97,922_ ), incurred principally in organising and delivering the charity's programmes and events for women and girls in cricket.
The Trustees would like to record their thanks to the organisations and individuals who supported the charity during the year through sponsorship, grants, donations and other resources. In particular, the Trustees are grateful to Goldman Sachs Gives, the Randeree Charitable Trust, Enterprise, Ramana Media Limited, Madhus, S2 Brand and GMS FC, together with the many individuals and supporters who gave through JustGiving and other channels. We would also like to extend special thanks to Eoin Morgan for supporting through his golf day and to Stuart Wrigley for his kind donation. And finally to all the volunteers and supporters who gae up their time for free Their generosity has enabled the charity to grow its programmes and extend its reach to more women and girls in cricket.
The charity reported net income of £76,397 for the year ( _2024: £24,967_ ). After bringing forward net liabilities of £22,736, total funds carried forward at 31 October 2025 were £53,661 ( _2024: net liabilities of £22,736_ ). The charity has therefore moved from a net liability position into a positive reserves position during the year.
## **Reserves Policy**
During its establishment and growth phase the charity did not hold reserves. Following the net income generated in the year, the charity now holds unrestricted reserves of £53,661 (2024: net liabilities of £22,736). The Trustees keep the level of reserves under review at their regular meetings and will seek to maintain a level of reserves appropriate to the charity's activities and commitments.
Page 1
## **TAKE HER LEAD Trustees' Report (continued) For The Year Ended 31 October 2025**
## **Going Concern**
The accounts have been prepared on a going concern basis. Having cleared the prior year deficit and returned to a positive reserves position, with net assets of £53,661 and cash at bank of £110,132 at 31 October 2025, the Trustees consider that the charity has adequate resources to continue in operational existence for the foreseeable future. The charity continues to be supported by an interest-free loan from a related party.
## **Structure, Governance and Management**
## **Additional Note**
The Trustees have been appointed based on their skills and their commitment to the cause of the Charity. There are no specific constitutional provisions relating to the appointment of Trustees.
The Trustees discuss risks associated with the charity and it's activity at regular intervals. Delivery risks are transferred to partners. Where risks cannot be transferred they are managed with controls put in place to minimise the risks occuring
## **Reference and Administrative Details**
## **Trustees**
Ms Isa Guha - Chair Mr Christopher Smith - Trustee Ms Carly Wilkes - Trustee Ms Joelie Chisholm - Trustee (appointed 06/05/2025) Ms Rimla Akhtar OBE - Trustee Mrs Kathryn Richardson - Trustee (appointed 04/09/2025) Mr Michael Inpong - Trustee (resigned 15/02/2026) Mrs Laura Walsh - Trustee (resigned 09/12/2025) Mr Frazer Gibney - Trustee (resigned 20/01/2026)
## **Charity Number**
1205376
## **Principal Address**
1 London Road Ipswich Suffolk IP1 2HA
## **Independent Examiner**
Ian Nicholl ACCA GMS FC Limited Chartered Certified Accountants 1 London Road Ipswich Suffolk IP1 2HA
Page 2
**TAKE HER LEAD Trustees' Report (continued) For The Year Ended 31 October 2025**
## **Other Information**
## **Plans For The Future**
At the end of this reporting period, our future plans remain the following key themes:
an aim to grow the number of events and participants in our programmes to increase participation of women and girls in cricket on a wider national scale
## **Statement of Trustees' Responsibilities**
The trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing the financial statements the trustees are required to:
select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charity SORP;
make judgments and accounting estimates that are reasonable and prudent; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping adequate accounting records which disclose with reasonable accuracy at anytime the financial position of the charity and to enable them to ensure that the accounts comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
The trustees' report was approved by the board of trustees and signed on its behalf by:
Ms Isa Guha Trustee 20th August 2026
Page 3
## **TAKE HER LEAD Independent Examiner's Report to the Trustees of TAKE HER LEAD For The Year Ended 31 October 2025**
I report to the trustees on my examination of the accounts of TAKE HER LEAD (the Trust) for the year ended 31 October 2025.
## **Responsibilities and Basis of Report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent Examiner's Statement**
I have completed my examination. I confirm that no material matters have come to my attention 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 'true 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 to enable a proper understanding of the accounts to be reached.
Ian Nicholl ACCA 20th August 2026 1 London Road Ipswich Suffolk IP1 2HA
Page 4
## **TAKE HER LEAD Statement of Financial Activities For The Year Ended 31 October 2025**
|**Notes**
**INCOME AND ENDOWMENTS FROM:**
Donations and legacies
**3**
**EXPENDITURE ON:**
Raising funds
**4**
Other
**NET INCOME**
**NET MOVEMENT IN FUNDS**
**RECONCILIATION OF FUNDS:**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**
**9**|**31 October**
**2025**
**Unrestricted**
**funds**
**£**
183,374|**31 October**
**2024**
**Unrestricted**
**funds**
**£**
122,889|
|---|---|---|
||(106,147)
(830)|(97,922)
-|
||(106,977)|(97,922)|
||76,397|24,967|
||76,397
(22,736)|24,967
(47,703)|
||53,661|(22,736)|
The notes on pages 7 to 9 form part of these financial statements.
Page 5
## **TAKE HER LEAD Balance Sheet As At 31 October 2025**
|**Notes**
**CURRENT ASSETS**
Cash at bank and in hand
**Creditors: Amounts Falling Due Within One Year**
**8**
**NET CURRENT ASSETS (LIABILITIES)**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**NET ASSETS/(LIABILITIES)**
**FUNDS OF THE CHARITY**
Unrestricted Funds
**TOTAL FUNDS**
**9**
On behalf of the board
Ms Isa Guha
Trustee
20th August 2026|**31 October**
**2025**
**Unrestricted**
**funds**
**£**
110,342|**31**
**October**
**2024**
**Total**
**funds**
**£**
33,345|
|---|---|---|
||110,342
(56,681)|33,345
(56,081)|
||53,661|(22,736)|
||53,661|(22,736)|
||53,661|(22,736)|
||53,661|(22,736)|
||53,661|(22,736)|
||||
The notes on pages 7 to 9 form part of these financial statements.
Page 6
## **TAKE HER LEAD Notes to the Financial Statements For The Year Ended 31 October 2025**
## 1. **General Information**
TAKE HER LEAD is a charitable incorporated organisation registered with the Charity Commission, registered charity number 1205376. The principal address is 1 London Road, Ipswich, Suffolk, IP1 2HA.
## 2. **Accounting Policies**
## 2.1. **Basis of Preparation of Financial Statements**
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)", Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities Act 2011.
The charity is a Public Benefit Entity as defined by FRS 102.
## 2.2. **Fund Accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Designated funds comprise unrestricted funds that have been set aside by the trustees for a specific purpose.
Restricted funds are to be used for specific purposes as laid down by the donor.
## 2.3. **Incoming Resources**
Gifts, donations, legacy, and other forms of voluntary income have been included in the Statements of Financial Activities as and when the charity is legally entitled to the income. No permanent endowments have been received during the period.
Donated assets are not valued by the Trustees', nor are they included in donations. This policy is not in accordance with the Charities Act 2011 but the total value is not regarded as material.
## 2.4. **Resources Expended**
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to that activity.
Fundraising expenditure comprises costs incurred in encouraging people and organisations to contribute financially to the charity's work. This includes the cost of advertising for donations and the staging of special fundraising events. On certain events the fundraising costs involved have been deducted from the income received. The amounts are immaterial to be reclassified within the financial statements.
Support costs relate to the main activity only, and are therefore disclosed per note two below.
## 2.5. **Cash and Cash Equivalents**
Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.
## 3. **Income from Donations and Legacies**
|.
**Income from Donations and Legacies**|||
|---|---|---|
||**31 October**|**31 October**|
||**2025**|**2024**|
||**Unrestricted**|**Unrestricted**|
||**funds**|**funds**|
||**£**|**£**|
|Donations and gifts|183,374|122,889|
Page 7
## **TAKE HER LEAD Notes to the Financial Statements (continued) For The Year Ended 31 October 2025**
## 4. **Analysis of Expenditure**
|4.
**Analysis of Expenditure**||||
|---|---|---|---|
|Raising funds
Raising funds
5.
**Support Costs**
Employee costs
General administration
6.
**Independent Examiner's Remuneration**
Independent examination of the financial statements
7.
**Average Number of Employees**
Average number of employees during the year was: NIL (2024: 1)
8.
**Creditors: Amounts Falling Due Within One Year**
Other creditors
Accruals and deferred income|**Activities**
**undertaken**
**directly**
**£**
88,329|**Support**
**costs**
(see note 5)
**£**
17,818|**31 October**
**2025**
**Total**
**£**
106,147|
||**Activities**
**undertaken**
**directly**
**£**
17,241|**Support**
**costs**
(see note 5)
**£**
80,681|**31 October**
**2024**
**Total**
**£**
97,922|
|||**31 October**
**2025**
**Raising**
**funds**
**£**
-
17,818|**31 October**
**2024**
**Raising**
**funds**
**£**
36,598
44,083|
|||17,818|80,681|
||||**31 October**
**2024**
**£**
950|
||||**31 October**
**2024**
**£**
55,131
950|
||||56,081|
Page 8
## **TAKE HER LEAD Notes to the Financial Statements (continued) For The Year Ended 31 October 2025**
9. **Movement in Funds**
|**Unrestricted funds**
General:
General unrestricted fund
**Total funds**
**Unrestricted funds**
General:
General unrestricted fund
**Total funds**|**As at 1**
**November**
**2024**
**£**
(22,736)|**Income**
**£**
183,374|**Expenditure**
**£**
(106,977)|**As at 31**
**October**
**2025**
**£**
53,661|
|---|---|---|---|---|
||(22,736)|183,374|(106,977)|53,661|
||**As at 24**
**October**
**2023**
**£**
(47,703)|**Income**
**£**
122,889|**Expenditure**
**£**
(97,922)|**As at 31**
**October**
**2024**
**£**
(22,736)|
||(47,703)|122,889|(97,922)|(22,736)|
## 10. **Transactions with Trustees**
None of the trustees received any remuneration or any other benefits from an employment with the charity or a related entity during the current or previous year.
No trustee expenses have been incurred.
## 11. **Related Party Disclosures**
The Charity's Financial Statements were prepared and reviewed by GMS FC, where one of the Trustees is a Director.
The engagement was on an arms length basis, approved by the board and the independent review was undertaken by other members of the firm.
The Charity has also received support from I Guha, her commercial businesses and her commercial agents.
The Charity also has loan from Ramana Media Limited, which is I Guha's commercial company. This is a interest free loan to support the charity in it's growth.
There have been no other related party transactions.
Page 9
## **TAKE HER LEAD Detailed Statement of Financial Activities For The Year Ended 31 October 2025**
|**INCOME AND ENDOWMENTS FROM:**
**Donations and legacies**
Donations and gifts
Donations from organisations
**EXPENDITURE ON:**
**Raising funds**
Purchases
Consultancy fees
Other direct costs
Wages and salaries
Employers NI
Staff expenses
Computer and IT consumables
Insurance
Advertising and marketing costs
Market research costs
Independent examiner's fees
Legal fees
Consultancy fees
Subscriptions
Bank charges
Sundry expenses
**Other**
Other expenditure type A
**NET INCOME**|**31 October**
**2025**
**Total**
**funds**
**£**
121,374
62,000|**31 October**
**2024**
**Total**
**funds**
**£**
92,694
30,195|
|---|---|---|
||183,374|122,889|
||183,374
(5,090)
(61,016)
(22,223)
-
-
-
(101)
(275)
(21)
(5,000)
(600)
(475)
(11,347)
-
-
1|122,889
(1,834)
-
(15,407)
(23,938)
(7,855)
(4,805)
-
(281)
-
-
(950)
(6,230)
(36,285)
(295)
(41)
(1)|
||(106,147)
(830)|(97,922)
-|
||(830)|-|
||(106,977)|(97,922)|
||76,397|24,967|
Page 10