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2025-03-31-accounts

GIFT Grant Foundation

Trustee Annual Report

Period 16/11/23-31/03/2025

Charitable Objects

Our Mission

Through equitable access and meaningful support, GIFT Grants aim to create a sustainable pathway that nurtures current and future leaders - on and off the pitch.

Our Vision

Empowered girls and under-represented players have equal opportunity to play football, grow their confidence, and develop lifelong skills in leadership, teamwork, wellbeing, and decision-making.

A world where every girl and every player who wants to participate can access football without social, financial, or physical barriers.

A truly inclusive football landscape where no one misses the chance to play, grow, and belong.

Our Values

Sustainability - We invest in long-term impact , a gift that keeps on giving, supporting players, communities, and future generations.

Main Activities

At the GIFT Grant Foundation, we’re committed to creating fair and meaningful opportunities for girls and under-represented players to access football. Everything we do, from raising funds to strengthening our programmes and digital presence is focused on removing barriers and supporting young players to thrive.

Our goal is simple: to make football accessible, welcoming, and empowering for everyone who wants to play.

Supporting Women and Girls’ Football

We have continued to support the long term sustainability and accessibility to football for women, girls’ and non-binary players. We have delivered grants in this period to:

Fundraising and Financial Sustainability

We continue to be the fortunate recipient of funding from Agility Life Sciences. Other areas of funding include unsolicited donations and donations from work carried out by Agility Life Sciences employees.

Strengthening Governance and Capacity

Since becoming a CIO in November 2023, we have implemented governance measures such as:

Three trustees are currently on the board which is in alignment with the constitutional requirements.

Public Benefit Statement

All our activities are undertaken to further our charitable purpose of expanding equitable access to football for girls and under-represented players. By listening closely to the clubs, we support ensure that our work delivers meaningful and relevant opportunities.

Our aim is to create lasting impact breaking down barriers, fostering confidence and wellbeing, and helping young players thrive both on and off the pitch.

Financial Review

– Income for the period 16/11/2023 21/03/2025 was £6,590 was received in donations, these will be reviewed for Gift Aid Eligibility.

From the income, £5,815 was distributed as grants.

Structure Governance and Management

GIFT Grant Foundation is a charitable incorporated institution (CIO). It’s governing document is a CIO foundation constitution.

The current trustees were appointed at the inception of the CIO and approved by the Charity Commission.

Reference and Administrative Details

Charity name: GIFT Grant Foundation

Registered charity number: 1205750

Charity’s principal address: GIFT Grant Foundation, SpringCourt House, High Street, Stapleford, Nottingham, NG9 6AG

Name of the trustees:

Name of the trustees:
TrusteeName Office Date ofService
Claire Thompson Chair 16/11/23-Present

Amandeep Doll
16/11/23–Present

LucyLucas
16/11/23- Present

Trustees’ responsibilities in relation to the financial statements

The trustees are responsible for preparing the Trustees' Annual 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 these financial statements, the trustees are required to:

The trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011 and the Charities (Accounts and Reports) Regulations 2008. 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.

Declarations

The trustees declare that they have approved the trustees’ report above. GIFT Grant Foundation Trustees Annual Report, 16/11/23-31/03/25. Signature Full Name: Claire Thompson

Position: Chair

Date: 17/11/2025

Financial Statements

Statement of Financial Activities
Income Unrestricted Restricted Apr 24 - Mar
25
Nov 23 - Mar
24
Grants 0 0 0 0
Donations 6,090 0 6,090 500
Total Income 6,090 0 6,090 500
Expenditure
Charitable Activites (5,815) 0 (5,815) 0
Administrative 0 0 0 0
Total Expenditure (5,815) 0 (5,815) 0
Net Movement 275 0 275 500
Funds Brought
Forward
275 0 275 500

Balance Sheet

Apr 24 - Mar 25 Nov 23 - Mar 24

Current Assets
Cash at Bank
275
500
Total Current Assets
275
500
Creditors: falling due
within a year
0
0
Total Current Liabilities
0
0
Net Current Assets
275
500
Total assets less current
liabilities
275
500
Total Net Assets
275
500
Funds of the Charity
Unrestricted general
funds
275
500
Restricted funds
0
0
Total Charity Funds
275
500

The financial statements were approved and authorised for issue by the Trustees. Signature

Full Name: Claire Thompson

Position: Chair

Date:

Notes to the Financial Statements for the year ended 31 March 2024

1. Accounting Policies

a) Basis of Preparation

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes(s) to these accounts.

The accounts have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), and with the Charities Act 2011.

b) Public Benefit Entity

GIFT Grant Foundation was established under a CIO constitution and is registered with the Charity Commission under the reference of 1205750. GIFT Grant Foundation constitutes a public benefit entity as defined by FRS 102.

c) Fund Accounting

General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors, or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund (if applicable) is set out in the notes to the financial statements.

d) Income

All incoming resources are included in the statement of financial activities when the Charity is entitled to the income and the amount can be quantified with reasonable accuracy.

Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise.

e) Expenditure

All expenditure is accounted for on a cash basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be

directly attributed to particular headings they have been allocated to activities on a basis consistent with use of the resources.

f) Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short term liquid investments with original maturities of three months or less, and bank overdrafts.

2. Costs of Charitable Activities

Analysis of Grant Distribution

Apr 24 - Mar 25
Bottisham 2151
Knowle 2120
Andover 1244
Seeing Is Believing 300
Support Costs 0
Total 5815

Costs of charitable activities during 16/11/23-31/03/2024 were nil.

3. Support Costs

All support costs have been allocated to costs of charitable activities as these were the only activities in this period.

4. Cash at bank and in hand

31-Mar-25 31-Mar-24
Cash at bank 275 500
Total cash at bank and in hand 275 500

5. Transactions with Trustees and Related Parties

None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity.

No trustee expenses have been incurred.

There have been no related party transactions in the reporting period.