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2024-10-01-accounts

CHARITY NUMBER - 1206777

Sport today, Leaders tomorrow

Trustees’ Annual Report

01/30/2024-01/10/2024

1. Charity Information

2. Structure, Governance and Management

SPORT 4 SUCCESS is a Charitable Incorporated Organisation (CIO) governed by its constitution registered with the Charity Commission. The day-to-day management of the charity is overseen by the trustees.

Trustees are recruited based on their alignment with the charity’s mission, relevant experience in education, sport, or community engagement, and their capacity to contribute to strategic decision-making. New trustees are appointed by majority decision of existing trustees, and onboarding includes a review of governance policies, safeguarding procedures, and financial responsibilities.

The charity also engages a network of volunteers and advisors who support the future delivery of its programmes and administrative functions.

3. Objectives and Activities

Having only recently been formed, during the year the charity focused on establishing a strong foundation to enable impactful delivery in 2025. This included developing strategic plans, building partnerships, and creating the systems, and environment required to deliver high-quality programmes to young people.

Key activities and progress included:

4. Achievements and Performance

In its first year of operation, SPORT 4 SUCCESS made strong progress in laying the groundwork for future impact. Although direct programme delivery will begin in 2025, the charity successfully established key building blocks to ensure its long-term sustainability and effectiveness.

Key achievements include:

Public Benefit:

Throughout the year, the trustees of SPORT 4 SUCCESS have remained mindful of the charity’s obligation to provide measurable public benefit. By focusing on infrastructure, planning, and safeguarding, SPORT 4 SUCCESS is ensuring that future programmes will offer inclusive, high-quality support for young people, particularly those in underserved communities - using sport as a powerful tool for life skills development and personal growth.

5. Financial Review

The charity is in a strong financial position with no outstanding debts. During the financial year, income was primarily generated through grant funding from Loughborough University thanks to the Skill-Up and StartUp fund, supported by independent donations. There was no outgoings as the charity is preparing for first programme delivery in 2025.

6. Custodian Trustee Holdings

The charity does not hold any funds as a custodian trustee on behalf of others.

Haris Mughal

Noah Briggs

Nithila Perera

Charity Name No (if any)
SPORT 4 SUCCESS 1206777
Receipts andpayments accounts CC16a
For the period
from
30/01/2024
Period start date
To 01/10/2024
Period end date
Section A Receipts and payments Section A Receipts and payments
A1 Receipts Unrestricted
funds
to the nearest £
1,800
-
-
-
-
-
-
-

1,800
-
-
-
1,800
-
-
-
-
-
-
-
-
-
-
-
-
-
-
1,800
-
-
1,800
Restricted
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Endowment
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Total funds
to the nearest £
1,800
-
-
-
-
-
-
-
1,800
-
-
-
1,800
-
-
-
-
-
-
-
-
-
-
-
-
-
-
1,800
Last year
to the nearest £
Donations,legacies andgrants 1,800 -
- -
- -
- -
- -
- -
- -
- -
Sub total(Gross income for
AR)

1,800
-
A2 Asset and investment sales,
(see table).
None -
- -
~~Sub total~~ - -
Total receipts
A3 Payments
-
None - -
- -
- -
- -
- -
- -
- -
- -
- -
**Sub total ** - -
A4 Asset and investment
purchases, (see table)

None
-
-
**Sub total ** - -
Total payments
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end
-
1,800 - - 1,800 -
- - - - -
- - - - -
1,800 - - 1,800 -

CCXX R1 accounts (SS)

01/08/2025

1

Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period
Categories
Signed by one or two trustees on
behalf of all the trustees
B1 Cash funds
B2 Other monetary assets
B4 Assets retained for the
charity’s own use
B5 Liabilities
B3 Investment assets
Signature
None
Details
Details
None
Charity Bank Account
Details
Details
Total cash funds
(agree balances with receipts and payments
account(s))
None
Details
None
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
1,800
-
-
-
-
-
1,800
-
OK
OK
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
-
-
-
-
-
-
-
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
-
-
-
-
Fund to which
liability relates
Amount due
(optional)
-
-
-
-
-
Print Name
Endowment
funds
to nearest £
-
-
-
-
OK
Endowment
funds
to nearest £
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval

CCXX R2 accounts (SS)

01/08/2025

2