THE STRAGGLERS RC Trustees. Annual Report for 2025-26 f,'/l}74? ## **Charity Information** ## **Trustees** Kevin Price (Chair) Phil Davies (Club Captain) Anne Woods (Secretary) Phil Hall (Treasurer) Lucy Chambers Izabel Grindal ## **Management Committee** Trustees, plus: Helene Hill (Women’s Team Captain) Simon Brazil (Men’s Team Captain) Julie Holmes (Membership Secretary) Nicky Hornzee Sue Howarth Andy Howarth Peter Wedderburn ## **Independent Examiner** Steve Smith ## **Bankers** Lloyds Bank ## **Registered Address** c/o Bushy Park Sports Club Pavilion Road Teddington TW11 0EL ## **Charity Registration** Registered with the Charity Commission as a Charitable Incorporated Organisation, Registration Number 1211783 2 ## **Objectives and Activities** The Club’s objective is to promote community participation in healthy recreation through running. This is delivered through a clear and consistent club philosophy: - Encouraging participation in races and club events - Promoting a strong social and inclusive club community - Delivering high-quality, well-supported races, including the Wedding Day 7k, Green Belt Relay, River Relay and Cabbage Patch 10 - Supporting participation and success in competitive athletics, including the Surrey Cross Country League In addition, the Club aims to maintain and grow membership, strengthen its local and national reputation, and support the wide range of groups and activities within the Club. The Trustees have had due regard to Charity Commission guidance on public benefit and are satisfied that the Club’s activities support health, wellbeing, and community cohesion. ## **Achievements and Performance** This has been an important year for the Club, with the successful transition to Charitable Incorporated Organisation (CIO) status, strengthening governance and supporting long-term sustainability. The Club has continued to deliver a broad and inclusive programme of training, racing, and social activity, maintaining its reputation as a welcoming and supportive environment for runners of all abilities. Membership remains strong at over **600 members** . The Club is now firmly based at Bushy Park Sports Club, which continues to provide an excellent base for training and social activity. ## **Events and Competition** The Club delivered a full programme of events: - Cabbage Patch 10 - Green Belt Relay - Wedding Day 7k - River Relay 3 These events remain central to both community engagement and the Club’s financial sustainability and are made possible by a large and committed volunteer base. The Club also competed widely in relay and league events, including the Welsh Castles Relay and Round Norfolk Relay, with strong participation across all levels. At a national level, members continue to represent England and Great Britain in Masters competition. Notably, four Stragglers women achieved top 10 UK rankings in their age categories at marathon or half-marathon distance. ## **Coaching and Development** The Club continues to invest in coaching and development, including: - Delivery of a Leader in Running Fitness course with England Athletics - Ongoing support for run leaders and coaches - A wide weekly programme of training sessions across multiple locations accommodating runners of all abilities and associated activities including strength & conditioning and cycling (Stragglists) The Club has also delivered a successful Couch to 5k programme, supporting new runners into the sport. The achievement of **7 out of 7 England Athletics Club Standards** reflects the strength of the Club’s governance and operations. 4 ## **Community and Charity Impact** The Club continues to make a significant contribution to the local community, donating **over £25,000** to charitable causes during the year, with a focus on smaller local charities. Charities which received donations from the club during the year include: ADHD Embrace Clarendon School Companion Cycling Counselling Initiatives Marie Curie MDS Patient Support Group Special Olympics UK The Purple Elephant Project ## **Financial Review** The Club had a successful year, financially, in its first year as a CIO. It remains financially highly stable. For the year ended 2025–26: - Income, including from events, was approximately **£129,800** - Overall, a small surplus of **£2,392** was recorded Key contributions included: - Membership subscriptions: **£15,175** - Surplus achieved from club-led events: **£15,700** The Club donated **£25,318 to other charities** during the year, using funds raised through the club’s events. Expenditure has been focused on delivering member activities and maintaining Club operations, including: - **£31,800** spent directly on **member activities and facilities** , including - **£10,500** paid to **Bushy Park Sports Club** for the Club’s use of its facilities and a further **£1,500** set aside for future projects to be jointly undertaken with BPSC. - Investment in competition entries, training, equipment, and social events 5 The Club has set aside funds for future investment and continues to maintain prudent reserves. The Trustees are satisfied that the Club’s financial position is sound. ## **Structure, Governance and Management** The Stragglers Running Club is a CIO, and as a charity operates under a constitution, last amended in July 2025. New trustees are elected by the membership of the club, with a focus on the skills that are needed for the charity to continue to thrive and serve the sport of athletics. All trustees serve a maximum of three, three-year terms, being subject to election, by the members present, at an Annual General Meeting. Under the Constitution there must be between four and twelve trustees, and the current number is six, four of whom hold specific club roles (Chair, Club Captain, Secretary and Treasurer) with the other two having general responsibilities. The charity’s day-to-day activities are managed by the Management Committee, comprising the trustees and 6-8 other members who have lead management responsibility for specific club activities. The Management Committee usually meets every six weeks or so. Minutes of both trustee and management committee meetings are published in the members’ area of the club’s website. ## **Reserves Policy** The trustees have adopted a policy for the setting and management of financial reserves. Each of the club’s funds has its own reserve, to protect the club against unforeseen losses that might occur. The reserves policy is as follows: Club Fund – the trustees have agreed that an undesignated reserve of £15,000 is an appropriate target sum, equivalent to approximately one year’s membership subscriptions. In practice the club fund reserve is currently in excess of this sum and the trustees’ financial strategy is to reduce the reserve to the target sum over three years though planned deficits. Progress will be carefully monitored by the trustees, and the reserves policy for this fund reviewed accordingly. Race Funds (Green Belt Relay, Wedding Day Race, River Relay and Cabbage Patch 10) – each fund has a target sum equivalent to approximately 50% of annual race expenditure, as a guard against an unforeseen late cancellation of an event. 6 Other Funds – the trustees have maintained the club’s long-standing policy to hold in reserve funds raised in respect of activities that are currently dormant. There are two instances – Straggtri, for which a reserve is held pending any restart of the club’s activities; and Juniors, for which a grant received from England Athletics is held in reserve pending application to activities targeted at junior members (initiative has started in the 2026-27 financial year). ## **Future Plans** The Club is well placed to build on its strong foundations as a CIO. Key priorities for the coming year include: - Growing and diversifying membership, particularly attracting younger runners - Supporting competitive athletes while maintaining an inclusive approach - Strengthening links with local charities, retailers, and partners - Upgrading systems, including a new membership database - Improving digital presence across website and social media - Continuing to deliver high-quality events and community activity The Club will continue to rely on and support its strong volunteer base, which remains central to its success. ## **Approval** This report was approved by the Board of Trustees on July 1st 2026 and signed on its behalf by Kevin Price, Chair of the Board of Trustees 7 The Stragglers Running Club Registered with the Charity Commission as a Charitable Incorporated Organisation, Registration Number 1211783 Financial Statementsforthe Year Ended 31" March 2026 THE $ThA￿R5 RUNNINGCWB •¢¥¥lllesVh¢lUdlrysw￿M•ry1th¢¢v￿ exyhdiwre¥¢¢•wttllor¥earehdedJlM•r(h2026 Funth Total T￿ Totsl Memborshlp Substrlpt 175 *).774 IS.175 99.774 11276 918 7.7*) 1049 651 th)natknn4& Iwes 2.?46 4.279 12Y,774 Othèt 4539 1.740 IL9ffjY5 EyPEnd￿re0￿'. chatilab1eAa￿De5 Eww￿rtUrE 1121.5151 12. 1127.3121 1127XZ 1117JiYJI 7JOS1 3519 26 Tr•nst•rs beli4￿n Fund 47 74 76$ 31 13.1531 21 13.7721 prttiation IF￿edA￿tts& ProYAicnl F4cillties Ind actIvit￿S for M￿berS Costsof eventsopeffl to nr*74r￿be ChaihtJbledonalons PM1￿On foréxpenditureplaThned but nOt￿￿Spont Tth 129x¥Jn 1619 125JX8> PJ57J 125.a561 164.91 124th11 LS THE 5fRAGGLERS RUNNINGCWB She•tasat31 March 2026 t 31 IQ25 ET5iILMLrrEsi 111051nECOSt. afterdoprEdathN 182 Clo51￿(D5t 267 378 Cash In hand and at bank 14.Y 616 rn355 rkbtot5 Total CUr￿nt Ass 06240 80.762 At￿untsf￿l1lngduE ￿￿thin DnE year 123,$321 121,2&41 Totsi N*tA%*4ts 61765 CAPffAL Unrest￿cl￿d fund5 Ae5ttirtedfund5 59J37 5¢371 6,394 61765 A*da$S￿ at C05t ioss depreditlon blf ie55 depreaètion in C105in8<05l 3,636 1727) Inn 3,635 1727] sip*l¢ornprtsln¢Wt fOr￿le) JT• re¥l51k￿* D¢kn5 Mi5cdlanEOUS debtot5 Prepald e¥p•nse5 420 Entryfe25 r￿￿Ved for nEXt yEar Acuuals & Pro¥lgons. Ind Subwlptlons sn 117,5561 (5.9761 123,$321 117,2481 121,2%41 Unr•Ark￿ fvndscon515t ofyneril thJbhJnd pluS¢je5￿ fwdstor 5pe(ificclub5 aC￿￿tieS ft4Strittedknd5 ￿nsIst￿f hstDriC ￿3[le5{all fU1￿U*l￿￿ ￿ 2O2y261 nd • r5Th￿(ed yant i)rluD&M •aè•th. Thesefinand•l S￿£M￿ts W4ve •ppro%*d tythe O0•rf orTr￿fee5$￿o1￿jty￿26 on its beh•lftrf. Phlllp Hall CPFA Trwsurer CL4npatsohs to Prthlous Y•ar The reader should be a¥¥are thèi 2025126wasthe first￿arOl0perati0n lorlhe Stra*ers Runnin8 aub as Charitable Incorporated Lkganisation. Purelyfof comparati¥e reasons. the accounts show2024125 figures relatingto the previous 5trathers Runnir* Club unincorprated a5500ation. To improve themrnpari50D. the 2024125 figures have been restated in three area5- proce55inBrosts are now 5hovm as an admini5traiion c05t Ipreviou5fy nEtted off membership in¢tsm¢l.' n•n-rn¢¢ *•*nt inttsn* is n¢)wsho*Tb voss Ipwou￿V neitrd tsffj.. and the￿￿¢[31 pwsion for expendlturè planned Is no IDW used. Acctyjnljni pdhie5 The finanoal siaternents have been prepared in accordan￿ V•iih Arrwntiogand ReportinK by¢haritie5.' Statement of REtommÈndÈd PrattitÈ applitsblÈ to thaiTtieS PtèParin8th*r a(ts)unts in attOrdan¢È with thè ￿nantial Reportln8 Standard applifable in the UKand Republitof Ireland issued In (knber 2019the Flnantsal Reportln8 Standard èpplicable in the United ￿n&j0M and Republ&cof Irdand (FPS 1021. the Charities Aa 2011, and UK GenerallyAC￿pted A(￿untIng prath￿. The finènual statements ha¥e been prepared under the histoncal cost convention except that. as disd05ed in the accounti￿p011CIe5.(ertaIn iteffls are 5ho*n at fairTrAlue.The tharity 15 a publi£benefit entity a5defined by FRSIO2. 1111 Ints)mÈ AJI Income Is recr8nlsed ontt thecharlty has ÈnUtlemÈnt tothe Inconx ft Is proba￿* that the Income wlll bÈ re￿l¥ed, and the amount of inwmÈ recewable on be measured reliably. Expenditure is recowised oncethere 15 a lryal oruffi5tructive oblitation to make payTrent to a third party. it is probable that settlement will bp required. and thE arrount of theoWtptyoD 17D bE mea5UTed rdiably. All expenditurE is I￿￿￿￿¢e￿ ft>r on an ausu¥15 bas Expenditurè indudo* attributablèVAT rannot ￿ re(kx*rod. I1￿ Depreciation Depreciation on tangible fixed assets is pmided o¥er 5 ￿r5 on a strai8ht4ine basis in order to ¥￿te off the assets overtheir estimated u5efvl li￿$. ttems of equipment are capitali5ed onlywhere the purtha5e pri￿￿CeedS £i.Lw.oJ IV) Fund attouh¢in8 Unrestricted funds arè intomin8 rèsourc￿ rÈt*¥able orynernted fOrfUrtheran￿ofth0 tsbjeds ofthe Charfty v￿thoUt a speufied purpose and are available asweral funds or designated hjnds. SI￿ated funds are unrestrirted fund5 earrnalked bythe trustee5 for partiujlar purpose5. Restncted fvnds are used for 5peufic purposes a5 laid do¥￿ by ihe donor. Expenditure whith meetsthe5e criterya 15 thar&Yd to thefund. Ivpther a fair allocation olmana8ement and sUPPOrt MS Ivll A¢¢ountin8jud8ements and e#imatltyn uh¢¢rtainty In prÈparln8 finandal ststÈmÈrtts ti is neCe￿3ry to makè rmtainludpn￿ts.￿st1mates and assuMP￿onS that affett the amounts reco8nised in the finanoal stsiements. Thef011￿nglud1￿rnents and estimates are considered by the board to have most Sl8nificanteffea on amounts rewised in the finanaal statements. Tanpble fvAed assets are depreuated to thwr estimated resmlual value overtheir estimated usefrjl economiclife asdetailed above. The Charlty Is Èxempt from (ofporation r3A on its tharftable att￿1¢$ a* it Is a reOsterÈd tha￿ty. The tharfty IS not VAT re*stered and Irre(¢￿erable VAT IS Induded ¥Athin e*pÈnditure. Ivllll Trade and oiher debtors Trade and other debtors that are receivable ¥riihin one ￿Tand do not COnStitutea financingtransartion are rewrded at the undi5counted amDunt e¥perted to be recwbyd. net of impairmeni.Th05e that aTe re￿1¥able after mor* than one ￿ar orthat tonstitutè a finantin8 tsansattion r@(tsrd￿ initialty at faifvaluè lÈss transatti(In tosts and SubsÈqu*nttyat amortiséd tnSL nèt of impalm￿nt. IIXITrade and otherueditors Trade and other ueditor5 are initialty rewised atfair value and thereafter stated at amortised cost usin8the effective intere5r method ￿nIe55the effect of discounti￿￿o￿1d be immaterial. in whith casethey are slated at cost 10 Independent Examlnerfs Statement I report to ihe trustees on myexamination ofthe accounts of The Stragglers Running Club forthe year ended 3110312026. As the charitytrustees of the Club, you are responsible forthe prep8r8tion of the accounts in 8ccord8nce with the requirements of the Charities Act 20111-the Act-l. I report in respect of my examination of the Trust'8 accounts carried out under section 145 of the 2011 Aet and in carrying out my examination, I have followed the applicable Diiections wven bythe Charsty Commission under section 14515llbl of th8Act. I have completed myex8min8tion. I confim that no material matters hgve come to my attention in connection with the examination which gives me cause to believe that in, 8ny m8teri81 r8sp8¢t= accounting records were not kept in accordance wth section 130 of the Act or th8 8ccounts do not 8ccord wtth the accounting r8cords or the accounts did not complywith the applicable requirements concerningthe fomi and eontentof accounts set out in the Charities (Aeeounts and Reports) Regulations 2008 other than any requirement thatthe accounts give a'true and fair. wewwhich 18 not 8 matter considered 83 Part of an independent examination I have rho concerns and have come across no other m8tters in connection with thg examination to which attention should be drawn in order to enable a proper understanding ofthe accounts io be reached. Steve Smith IHonor3ry Auditor and Independent Examinerl 2151 lune 2026 11