Charlty Roglstered Number: 302925 THE LONDON PLAYING FIELDS SOCIETY TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 THE LONDON PLAYING FIELDS SOCIETY CONTENTS Page Reference and Admlnlstrauve Detalls of the Charlty, Its Trustees and Advlsers Trustees. Report 2-12 Statement of Trustees, Responsibilities 13 Independent Audltor's Report on the Flnanclal Statements 14-16 Consolldated Statement of Flnanclal ActlvltSes 17 Consolldated Balance Sheet 18 Charity Balance Sheet 19 Consolldated Statement of Cash Flows 20 Notes to the Financial Statements 21-42 THE LONDON PLAYING FIELDS SOCIErY REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED30 SEPTEMBER2025 Trustees The Hon William Cadogan Colin Ainger Jamie Dalrymple Sally Hopper Henrietta Mgrtin-Fish8r Neil Greenwood Lucy Mccrickard Anthony Ratcliffe George Ryan Deep3ni de Silva Andrew Webb Charlty registered number 302925 Principal address and Rfyglstered Office 58 Bloomsbury Street London WC1B 3QT Patron Honorary Patron HRH The Duke of Gloucosler KG GCVO The Rl Hon the Lord Mayor ofthe City of LorKlon Chlef Executlve Aléx Welsh Indgpendent audltor MHA Statutory Auditor 6th Floor 2 London Wall Pla London, United Kingdom EC2Y SAU Bankers Bank of Scotland 33 Old Broad Street London BX21LB Sollcitors Broadfield Law UK LLP One Bartholomow Close London EC1A 7BL Investment advisors Cazenove Capilal Management 12 Moorgale London EG2R 6DA Pagg 1 THE LONDON PLAYING FIELDS socIErY TRUSTEES, REPORT FOR THE YEAR ENDED 30 SEPTEMBER2025 The C￿ntil Members, being the Trustees of The London Playillg Fields Society, present their report and financial slalemenls for thè yearended 30 September 2025. The financial stslements have been prepared in accordance with the accounting policie8 set out in note 110 the financial $18lement8 and comply with the Society's governing document, the Charities Act 2011 and the Financi81 Réporting Standard applicable in the UK and Republic of Ireland IFRS102} and Reporting by Charilies.. Statement of Recommended Practice applicable in th8 UK and Republic of Ireland IFRS102> ('Charilies SORP'I. Structure. governance and management The London Playing Fields Society was founded in 1890 and was consliluled by Royal Charter on 31st October 1925, last amend&d 11th February 1998. The Society is a registere(i Charity. and il operates under the name of London Playing Fields Foundation I'LPFF'I. The Trustèes, who are also Council Members land r8fèrr8d to as such). delegate day to day responsibility and administration lo the Chi8f Ex8cuIIv8 who is supported by six head office staff and a team of grounds staff. The Trustees and the Chief Executive comprise the Key Management Personnel of the Charity. The Council Members who served during the year and up lo the signing of the Financial Slalemenls were.. The Hon Wlliam Cadogan Colin Ainger Jamie Dalrymple Sally Hopper Henriett8 Martin-Fisher Neil Greenwood Lucy McCri¢kard Anthony Ralcliffe George Ryan Deepani de Silva Andrew Webb Appointment of Council Members is governed by tha Charter of the Charity. The Committee of Council Members (The Council) is aulhorised to appoint new Council Members, who are suitably qualilied, lo fill vacancies arising through resignation or death of an existing Council Member. On appoinlmenl, Council Members undertake an induction process in wh￿h they are briefed on the Society's aGlivilies and ils operational framework and they meet quarterty during the year lo monitor acllvitles and to establish policies. The Councll members have a huge amount of experiènce, both in business and Charity matters, and continuously seek lo improve performance and efficiency. and to learn new and beller ways of delivering the Society's objeGlives. Council Members with relevant skills and experience ale appointed to the key commilt8@s, the Finance and General Purposes Committee and the Remuneration Committee. Th8 Society keeps Trustees informed on topical issues and provides ongoing training where necessary. Remuneration policy The Remuneration Commill88 mee18 annually to revièw staff pay, including that of Key Management Personnel and senior Staff. Aformal remuneration pol¢cy has been adopted by the Charity such that an annual staffing audit is pr(Kluced for information and discussion al thi5 meeting which includes consideration of industry comparisons, the National Living Wage and the London Living Wage and the Inslilule of Groundsmen recommended salary scales and benchmarkslparametèrs for the Chief Executive salary. Trustees are not remunerateé. Page 2 THE LONDON PLAYING FIELDS SOCIETY TRUSTEES, REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2025 Objectlves and actlvltle5 In Setting the objectives and planning the actbvilies of the Society, the Trustees have considered the Charlly Commission's gen8ral guidance on public benefit. The Society's main objective is th8 protection. provision and promotion of playing fields in Greater Lon(Jon lo encourage morè p￿pIe lo lake part in sport and phys￿￿1 activity. 11 caters particularly for the young, old. disabled and disadvantsged. 11 also provides resour￿$ and coaching facilities for students at schoDls. universities and colleges. Our vision is to create a happier, health￿r and mre coh&sive London by providing plac&s to play sport foreveT. We have four main beneficiary groups l. Schools, where a love for sport begins 2. Clubs, coll8g@s and universities where this love continues and flourishes 3. Disadvantaged and underr8pr6senled groups who for various reasons arè unable lo gain access lo mainslTegm sptsrting opportunities 4. The inactive who Gonslitute haEf of the &Jull London population The Council has paid due regard to guidan￿ issued by the Charity Commission in deciding what activities the Society should undertake and, in reviewing this yearfs aclThiilies. we have continued to remain faithful lo our origin81 objects, namety 'lo provid6 or assist in the provision of facilities for recreation or other leisure time activities in the interests of social wolfare al pla¢es within or adjoining that area which formerty came within the administrative area of the Greater London Council including the provision ol facilities for outdoor games and athletics for p@rsons who by reasons of youth, age. infirmity or disablement, povety or social and economic circumstsnces, may not olhewise have the opportunity to enjoy them.. In this last year, we have continued to demonslrale.. Our strategic role in protecting playing fi8lds in Greater London The power of sport and physical actiwly in improving live8 Th8 need lo reach beyond mainstream provision and accommodate disadvantsged people and historically under-represented groups We remain indebted lo our founders who, back in 1890. foresaw the dang8rs of the rampant urbanksalion ofthe capital and aPPTec￿2tad the need to protect ils open syaces so Ihal the growing pc¥ulation had somewhere lo enjoy its sport. There are approximately 1.500 playing fields si18s in London and with 85OA of playing fields in London owned by a local authority or local education authority. Ihe Society is the go lo organisalion th81 local community 9roups turn lo when faced with the loss of a local playing field. Since 2008 the Society has been maintaining a Fiekls at Risk Register and over the last year has continued to assist in the protection of fiekls considered lo be vulnerab181o building development. The Society ¢Y•VllS the following grounds.. Boslon Manor Playing Field. London Borough of Hounslow Douglas Eyre Sports Cenlfe, London Borough 0fwa￿haM Forest Peter May Sports Cenlre, London Borough of Wallham Forest Fairlop Oak Playing Field, London Borough of Redbiidge prin￿ George's Playing Field Icurienlly under lease). London Borough of Merton London Marathon Playing Field RedbrKSge, London Borough of RedbrKlgo London Marathon Playing Field Greenwich, Royal Borough of Greenwich London Marathon Playin9 Fi6ld Greenford, London Borough ol Ealing The strategic direction is sel by thè currenl Three Year Plan 12022-2025) and al each quarterly F&GP Committee and Council meeting, progress is measured against its key objectives. With the onset of the prolonged cost of living crisis wh￿h hil all charities hard from the beginning of 2022, priority was given lo achieving financialty sustainability. increasing fundraising artd future proofing the grounds. Page 3 THE LONDON PLAYING FIELDS SOCIETY TRUSTEES, REPORT FOR THE YEAR ENDED 30 SEPTEMBER2025 Achievin financial 8uslainabilil As a charity that pridès itself on providing accessible, affordabl8 and allractive facilities, we cannot depend on hiring income aloneto coverour operational costs because there is a return of only 43p for every pound invested In the management and maintenance of ils pitches. Over lime the Society has created additional revenue slr88ms in order lo be suslainable. Ofthe fwe sources of incom8 onty two- hiring income and commercial rents can be considerèd lo be largely predictable and not suseeplible to prevailing economiclsocielal conditions. In the last year the soC￿Y had a lolal income of £1,841,238 and the following all made a contribution.. Pitch hiring income- 36Dh136'/fy in 20241 Commercial renl3- 28% {27°A in 20241 Revenue and capital grants- 9% and 2%17% and 5•A in 2024) Investment Income- 2.kn (20h in 20241 Fundraising, Donations and Cojvenanls- 20% {20% in 2024} Other- 30/0130A in 20241 As Can be seen, the vaTlOUS contributions are remarkab￿ similar lo Iho previou8 year, illustrating a consistency In our key Er￿0M9-generating aclivilies. The Society does have a consukancy am bul due to capacity issues and la¢k of demand, rt did not have any contracts in the past year. In an atl8mpt to secure additional ielieble income streams the Scciety is actively seeking'3weating the assets. opportunilEs where non-pil¢h areas of ils grounds can be used for comme￿Ial activities. During the year The Society reTrived £39,750 as part of an overage selllement involving the transfer of freehold interest of a piece of land al Prince Georges Playing Field in LB Merton. In 200D the Society had disposed of Prince Georges Playing Field under a 999 year lease lo Wimblodon FC who subsequenlly granted the occupants of the 40-42 Grand Drive a sub lease so that they coukl build an annexe for their chiropodlst practice. Three years ago the oceupants had approa¢hed the current tenants Cromford Ltd and the LPFS to pU￿hase the froehold. Having commissioned an ind&pendenl valuation. gained approval from the LPFS Council, instructed the Society's lavryers lo expedite the tiansfer, procured a designated adviser's report (under s119 of Ihe Charities Act), the signing of the transfer d￿Ument lin the foim of a deed} look place 24th January 2025. Increasin fundraisin The Society's modus operandi for fundraising is lo run events where guests can find out more about our work and be persuaded lo become supporters. These events have historical￿ included the Gala Dinner alThe Savoy, LPFS Quiz al The Oval and a Golf Day at Woburn. Unfortunalely, as a result of poor table sales the 2024 LPFF Quiz was cancelled. No complaints were received regarding the SoTh8ty's fundraising activities during the year. The Society does nol engage any profess￿￿81 fundraisers in these Bforemenlioned events. It has an Ethical Fundrgising Policy that reflects the Inslilule of Fundraising Code of Fundraising. The 2024 Gala Dinner The Dinner look place al The Savoy in November and raised a net £118,927 ma(ing itthe sixth most successful Dinner Sin￿ 2011. In a challenging Glirllale only 24 tables were sold. six less than last year and ten less than 2022. It was all the mor8 remarkable that the net fundraising total was onty £2.000 le85 than 2023, In terms of the fundraising activities on the night, the results compare favourably with Gala Dinners since the pandemic, despite having feweT numb8r of guests in the room. Page 4 THE LONDON PLAYING FIELDS SOCIETY TRUSTEES, REPORT FOR THEYEAR ENDED 30 SEPTEM8ER2025 2024 2023 35,000 30,210 23,400 NIA 2022 44,000 35,734 32,959 NIA 2021 71.000 38.305 NIA Live Auction Silent Auclion Pled Raffie 4,320 The 2024 Gala Dinner reached a major fundraising mil&slone in passing the £2 million mark sinc8 the Society returned lo The Savoy in 2011. This oulslanding achievement simply would not have been possible wilhoul the incredibl6 work of the Gala Dinner Comrnillee led by the dynamic Chairman Ni9el Goodman. Golf Day Our annual Golf Day lodf place on 2nd October at the presligious Woburn GOW Club, and il proved to be one of our besl yet. 72 players across 18 Fourballs eryoyed a day of compelilive bul friendly golf at one of the UK'S lop courses. Special thanks 18 owed to SIS Pitches, our generous event partner, who not only suppcrted the day bul also brought along a numt*r of teams. The event raised a fantast￿ £9,000 which augurs well for futu¥8 eV8nls. LPFF Qulz Desprte the 2024 LPFF Quiz Taising a rewrd breaking £35,984, the 2025 event sp4Jly did not go ahead as result of poor table $8185. Pears Foundation revenue grant Following an eighl-monlh process, the Society received a £40,000 unrestricted revenue grant SPTead ovèr ts¥o years starting 1 st January 2025 from the Pears Foundation. This helped lo partly soften Ihe blow of not going ahead with the LPFF Quiz. round8 This year saw the conlinualion of major capital future proofing works in line with our Three Year Plan. There were two main items. Boiler re la PFR As part of the Capital Expenditure Plan the boiler replacement and associated plant rwm work8 8t LMPF Redbridge were completed on 30th October. The total cost of £34,153 was partly offset by a capitsl grant of £22,769 from the London Marathon Foundation. New Iraclor al LMPF Greenwich In May after months of negolialton, the Football Foundation finally awarded LPFS a grant of £22,776 which represented 750/0 of the Cost of th8 John Deere 4Q￿6R compact Iraclor. The Foundation contributed £19,224 from its own funds to plug the funding gap and frt the machinè with a fronl1oader. Page 5 THE LONDON PLAYING FIELDS SOCIETY TRUSTEES, REPORT FOR THE YEAR ENDED 30 SEPTEMBER2025 htsofthe Year Har Kane Slalue On 18th November 2024, just one day after Scoring his 69th goal for England in a match againsl Ireland at W&mbley, Harry Kane returned lo his rth)ts for the unveiling of a statue in his honour at P&ler May Sports Cenlre. The statue, sculpted by Peter Moullon in 2020, had b88n in storage for four years while a suitable location was sought. The Foundation played a key role in bringing the slalue lo ils final home, by raaching out to Wattham Forest Councillor Emma Best and the Kane family lo propose the Peter May Sports Cenlre. a location that holds deep personal significance for Kane. 11 was here. as an eighl-year-old playing for Ridgeway Rovers, that his football journey began. The stslue stands in front of a special￿COMMiSsiOned mural by Marc Sifver of Muwalls, wh￿h illustrates Harry's journey from grassroots football lo becoming England captain and all-lime lop goal scorer. The unveiling ceremony featured two current Ridgeway Rovers players. Myla Shaw and Jayden Alexandèr, symbolising th8 passing of inspiiation lo the next generation. Clearly moved by the tribute, Harry said'll's quite humbling lo see t here now, knowing there's going lo be IDads of kids walking past and hopefully boing inspired.. Al the unveiling ceremony CEO Alex Welsh refiecled on the significance of the moment, 'Playing fields are where sport begin, and for the lucky f￿￿, like Hairy Kane, they are where c8reers begin. We are delighted that this playing field was where Harry's journey started and are so gral8ftJl that he has never forgotten his roots. We want every player who passos this stslue and mural lo be inspired and lo think, 'One day, this could ba me." More than a celebration of an indwidual. the stslue seNes as a lasting reminder of the power of sport and the vi181 role that l¢xal playing fiekls play in nurturing talent. character and ambitton. Launch of the Girls, Football Hu Thanks lo the generosty ofguesls al last year's LPFF Gala Dinnei and the Harry Kane Foundation, the dream of creating a dedicated Gids, Football Hub became a thriving reality. The funds raised helped launch this pioneering inilialiv8, providing a safe. supportive and empowering Space for girls lo be inlroduced lo the sport, learn about18am play and fall in love with the beautiful game. Inspired by the excitement generated by the Lionesses, recent international successes, Ihe Hub has already made a remarkable impact in helping lo overcome the barriers that too often hold git1s back from committing themselves lo sport. Since ils launch. over1,200 girls aged ￿14 have taken part in monthly football festiva many kicking a ball in en organised game for the fi'rst lime. Each Sunday moming, tho pitches are alive with energy, laughter and growing confidence as girls eX￿rIence the joy of football in a pressure-free, female- friendly environment. The Hub has also focused on developing the female coachlng workforce, dolivering a series of Continuing Prolessional Development ICPD) wort(shops lo empower more women ID slep into leadeiship roles. As one new coach shared: °Al first, I was neNous and full of self-doubt, bul the CPD sessions gave me the confldÈnc8 lo td(e on my ow team, I now feel part of a supportive community ol women in football." The results have been outstanding. FThie new teams formed through the Girls. Foalball Hub have now affiliated lo local leagues, demonslraling how taking an innovative appr(iach can brKlge the gap between sGhool sport and club participation. P8Tents have noticed th8 difference too.. Page 6 THE LONDON PLAYING FIELDS SOCIETY TRUSTEES, REPORT FOR THE YEAR ENDED 30 SEPTEMBER2025 'Il's a great initiative- not onty for football bul for building conf1den￿, friendship and raSp￿t. We're so grateful that our daughter has these opportunities,. said one parent. From shy firsl-limers lo confident young players, the LPFF Girls, Football Hub is changing lives on and off the pitch. As Belle, aged nine, summed it up p8rfeclly'. 'Al first I was nervous, bul I feel like il's home.. e Oasis Partnershi The Foundation w8s taken complelety by surprise when the managamenl of Oasis LNe '25 (ignition Music) approached LPFF in late June lo be bts charity partner for their seven Wembley concerts. Their motivation was lo help raise the charity's profile and boost ts fundraising oulpul. Under the banner of 7 Shows, 7 Fields, each of the seven nights ofthe 601d-oul Oasis concerts highlighted one of the Foundation's areas of work, honouring the volunteers and organisalions that are the lifeblood of grassroels sport. 11 started on Friday 25th ju￿ where fans heard stories about our projects across Wallham Forest, Redbridge. Ealing, Greonwich and Hounslow, including, the Girfs, Footb811 Hub and Coping ThroLtgh Football. Fan8 were abb follow the campaign via #7Shows7Fields on Instagram and had the chance lowin Ivxury tickets In a Grand Draw. Thanks lo an inlrrjduclion from one of the Trustees, the Foundation was able lo work with Glance Producltons on the creation of a range of social media posts that accompanied 88ch show. The Society gained a great deal from the partnership, including.. A Grand Draw that raised £48,880. Instsgram posts that allracled 6mll1￿)n views and 60K likes and gained 300 new Instagram followers. Oasis LThfe .25 d￿ated a one of bts kind 25th Annwersary platinum dssc as a Live ALbclion item for the Gala Dinner The CEO of Ignition Music bought a table al the Gala Dinner Bespoke Bibs and l-shirts for LPFS stsff. projects and clubs. Oasis agreed to prodijce and sell a bespoke Oasis Ihaned football shirt with any profil being donated to LPFS. Vital knowledge and experience (gained from producing collab posts with the Oasis 18aml of how to respond quickly to create vibiant and meaningful social media content. Finally. Oasis arranged for the CEO and one ol the Coping Through Football alumni Jason Kelvin lo appear on TalkSPORT's H&J Show lo explain the partnership be￿en Oasis and LPFF and Ihe Coping Through Football link. The show had 3.9 million listeners. Page 7 THE LONDON PLAYING FIELDS SOCIETY TRUSTEES, REPORT FOR THE YEAR ENDED 30 SEPTEMBER2026 Peo There was ono change in the Head Office team with Jade Slaler returning lo New Zealand and being replaced by Olivia Jagger as Bookings and Adminislralion Officer. There were two additions tQ OUT group of esteemed Vice Presidenl8. Chrl8tine Ohurougu Born in Newham, less than a mile from the London Olympic Stadium. Christine began h8r sporting career on her local playing fields and went on lo become one of Great Britain's most successful athletes. An Olympi and double World Champion, she won gold in the 400m at the Beijing 2008 Otympi¢ Gamos and silver at London 2012, alongside World Championship titl&s in 2007 and 2013. In addition, she secured sixworld Championship relay medals and Otympic bronze medals in the 4 x 40Qlm Telay al both the 2008 and 2016 Games. A kjng-slandlng supporter of charity, Christine received the LPFF Made in London Award in 2017. which celebrates the crucial role that playing fields play in the devetopmenl of sporting lalenl. In her new role as Vi President, she will help lo raise awareness of the Found8tion's mission lo protect. provide and promot6 playing fi8lds across the capital. Christine said"Playing on the numerous playing fields outside my home was a real joy for me as a child. as an adult, being outside lo walk and mn is even more crucial for me in a btjsy city. l am pleased lo be appointed as a Vice President of London Playing Fields, a charity honouring the green spaces of London so everyone Gan enjoy them.. Bobby Seagull Bobby is a well-known broadcaster. author, teacher &)d campaigner for educat￿n. He first came to public attention as a contestant on University Challenge and has since presented programmes for BBC and Chann81 4, including Monkman & Seagull's Geniu5 Guide lo Britain and The Answer Trap. A passionate advocate for numeracy and lifelong learning, he co-presenls Maths Appe81 podca51 and is a regular eonlribulor to the Financial Times and other national media. Alongside his broadcasting work, Bobby is a school mathematics leacher. deeply committed lo inspiring young people to achieva their potential. He is also the author of The Life-changing Magic of Numbers and lead ambas8ador for National NUn￿racy. His Bppoinlmenl as Vice President reflects his commitment to the role of playing fields and sport in and promoting healthier and more connected communities. He said"I'm absolutely thrilled lo become a VI￿ President. Growng up in London, my local playing flekls were where my friendships flourished. ¢onlidenc6 grew and communities came aliv8 - 801 c8n'l wail to support the charity's fantastic work lo keep these Special Spa￿ thriving for future generations." Page 8 THE LONDON PLAYING FIELDS SOCIETY TRUSTEES. REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2025 Financlal revlew Thè nel expenditure for the year before revaluation of investments amounted to £280,52512024 - £285,387}. This lakes account of lolal income for the year for the Group amounting lo £1,841,238 {2024 £1,733,375) including restricted grants of £203,87412024 - £201,190), less total expenditure for the year amounting lo £2,121,763 12024 - £2,018,762). After adjusting for deprectalion on fixed assets foi the year amounting lo £357,28212024 £346,291), the nel income for the year amounted 19 £76,757 (2024.. 60,9041 including net r&sliicled income funds after transfers of £103.789 {2024 £48,363 net inc0￿e). Thus. unreslricled net expenditure for the year after transfers amounted lo £27,03212024 - £70.2651 which reflects the underlying financial position of thè Society in that income from usage of grounds remains insufficient to cover all necessary operational and maintenance costs, and lo generate funds for the essential capital investment in facilities. The net movement in Group Fund8 for the year which reflects the nel expenditure including thè impact of depreciation, and the movement in the valuation of investments, was a decrease of£55,42612024- a decrease of £47,362). This comprised a decrease in unrestricted funds of £70,64312024- a decrease of £95,725) and an increase in restricted funds of £15,21712024- an inciease of £48,363). As a result, the total Group Funds al the yèar of end amounted lo £7,236,27212024 £7,291,698) of whi¢h £5,818,75212024- £5,889,395) was Unrestr￿ted and £1,417,52012024- £1,402.303) was restricted. Th8 total Group funds can be further analysed belween tangible fixed assets (predominantly the playing fields and associated leisure facility buildings owned by the Society) and other assets being fixed as8el investments and net current assets which represent those reserves designated and held for future capital investment, those held as free unrestricted general reserves, or held as restricted grant funding yel to be spent. This posit￿￿ can be summarised as follows.. Analysis of Total Funds at 30 September 2025.. Unrestricted Restricied Totsl Tangible fixed assets 3,282,359 1,164,298 4,446,657 Investments Net current assels 2,513,073 23,320 2,536,393 2,513,073 276,542 2,789,615 253,222 253,222 5,818,752 1,417,520 7,236,272 Capital expendf(ure for the year amounted lo £96,80212024- £338,665) including 8 replacement boiler al LMPF Redbridge and a new Iraclor with front loader al LMPF Greenwich. Subsidia The Society has a wholly owned subsidiary, W￿haM Lodge Sports Centre Limited. The principal aelwily ofthè Company is the hiring out of sports facilities, the company made a profil for the year of £228,829 12024.. £221,898) and gift aided £273,07212024.' £266.793) to the Charity {see Note 17}. Pag8 9 THE LONDON PLAYING FIELDS SOCIETY TRUSTEES, REPORT FOR THE YEAR ENDED30 SEPTEM8ER2025 Reserves On an annual basis the Trustees review and approve the reserves pollcy. tsking account of the key risks faced by the Society and the lev61 of readi￿ available reserves li.e. the investments and nel CUTrenl 8S8ets, and excluding those funds that are reslricl8d or tied up as tangible fixed assets}. This provided readily available reselves al 30 September 2025 amounting to £2,536,39312024 £2,430,490) and this was allocated as follows.. Readily available reserves al 30 September 2025.. 2025 2024 General Reserve 1,847,382 1.735,268 Capilal Expenditure Fund Total 689,011 695,222 2.536.393 2,430.490 The purpose of the General Reserv8 is lo manage caghflow and to miligale the risk of 8 significanl drop in income or major unforeseen or uninsured incident and allow the Society lo continue operating whilst having sufficient time to consider and Implement milig8lion plans such as raising addrtional funds. Th8 Tru81ees havè approved a lev81 of Geneial Reserve equivalent lo al least twelve month's general fund unrestricted expenditure excluding depreciation which in linewth the approved expenditure budg81 for 2025-26 amoLtnted to £1,847,382. The purposè of the Capital Expenditure Fund, whieh is a designated fund, is to provid8 funds for capilal investment for major maintenanc8 and refurbishment and equipment, and ultimately replacement of the Saciety's tangible fixed assets, specilically, the playing fields and associated le¢sure facility buildings. In 2021 the Trustees mad& a lolal provision amounting lo £1,700,000 including £800,000 fora new pavilion and artif￿181 pil¢h al Boslon Manor, £400,000 for replacement of major M&E plant al Dougl8s Eyre Sports Centre, £100,000 for reinstatement and improvements lo Avenue Park stadium and £400,000 for the major refurbishment of the pavilion at RedbTidge. During 2021-22, £416.367 was used for the replacement of the boilers al Douglas Eyre Sports Centre, a further £44,500 was spent in September 2023 on other assets including a Iraclor, and £338,665 was spent during 2023-24 on a replacement pitch and improved lighting al Douglas Eyre Sports Cenlre, improved lighting al Peter May Sports Cenlre, and new boilers 81 the London Marathon Playing Field, Greenford. Capital expenditure for 2024-25 amounted lo £96,802 including a new boiler al LMPF Redbridge and a new tractor al LMPF Greenwich. The remaining £689,011 is allocal8d to the Capital Expenditure Fund ICEFI whlch supports a regularly updated Capital Expenditure Plan of essential future proofing items. Each year the Society idenlifies capital priorities and uses monies from the CEF as matchéd funding fer external grants. In 2024-25 this included 8 grant of £22.769 from London Marathon Foundation for a new ix)iler al LMPF Redbridge Ilolal cost £34,153) and z grant of £22,776 from Ihe Football Foundation for new Ir¥lor and front Eoader al LMPF Greenwich Ilolal cost £42,000}. Plans for 2025.26 includ8 th8 upgrading of the pavilion al Boston Mar70r Playing Field where once again the Society will be seèking matched funding from exlemal sourc8s. These reserves are underpinned by investment assets which are subject lo market uncertainly and volalilily and therefore could redu￿ signfficanlly il there is a downturn in the gkJbal markets. Page 10 THE LONDON PLAYING FIELDS SOCIETY TRUSTEES, REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2025 Investment olic The Trustees have the poweT to make and hold investments using the gen8r81 funds of the Society and lo change investment allocat￿n5 based on th8 advice of professional advk8ors. The Trustees also hav8 the authority lo appoint prof8ssional investment managers al a reasonable remuneration and have placed limited constraints on their investment manager8 in respecl of holding inveslmenls. The investment portfolio is managed by Cazenove Capital. Each May the soC￿lY,s F&GP Committee receives a full report from OUT Investment Manager who updates Trustees on the portfolio's perfom)ance over the year. The main k)ng-term objective for the portfolio is lo achieve an average annual relvrrb of inflation {UK CPI) plus 3,5'k. In the year to September 2025 8 return of 7.29h was achieved in spite of some sporadic volatility in the markets. The regularly vpdaled Investment Policy ensures that the Society's assets are invested in line with ils aims. Risk m na ement The Council MembeTS review the rlsk regislor on an annual basis and activety manage the major risks which the Society facos. The most immediate major risks are the raising of unrestricted income from supporter events (Gala Dinnèr. LPFF Quiz and Gow Day), the impact and uncertainty of the recent high levels of inflation, the significant increase and volatilily in energy costs and the increase in employer costs. To mitigate the risk, impact on operational expenditure and provide resilience, Council Members approved maintaining reserves at a level at least equivalent to iwelve months, general fund operating expenditure léss depreciation. The other major risk is that the Society's facility buildings fall bek)w stslulory requirements and the level of amenity for users be¢omes unacceptabl8 forcing the gtounds lo close. The Society has therefore sol aside an unrestricted designated fund, the Capital Expenditure Fund, to cover major maintenance and refurbishment of its buildings, plant and machinery. The level of this fund was initially sel al £1,700,000 in 2021 and has been revised lo reflect subsequent capital expenditure, and now amounts to £689,011. In addition, the Socièty will ontinue to seek and bid for grant funding for capital inveslmenL Plans for the future The Soaety is in the process of drafting ils new Three Year Plan 2025-28, where the f(￿￿S will be on achieving operational sustainability vi8 the 4 M's Model - modemising, managing, marketing, and maintaining ts f*ilities so that they are accessible, affordable and attractive, ModemK8ing' the Stsciety will continue lo pursue various sources of funding to replacelfulure proof ils oldest pavilions, ageing pieces of plant and itèms of machinery so that they are fil for purpose and more energy efficient. Managing.. the Society will continue lo explore innovative and sustainable ways in which il can deliver ils charitable objectives, parlicularly for the neediest. Marketing.. the Society will continue lo promote the value of playing fields lo local communities and lo ensure that its groijnds achieve high levels of ulilisation. Maintenance.. the Society will continue ils commitment to the day lo day and systernal￿ seasonal gro¥Jnds improvement programme. The new Three Year Plan12025-281, which is still al the draft stage, will build on the lessons thrned from the previjus plan and will saek lo sustain the progress made in three key areas,. Being able lo articulate what makes LPFS so vital to the quality of life of Londoners in the mid 2020's. Ensuring that the Society's work is relevant and continues lo meet the needs of the communities we serve. How LPFS intends lo remain viable in the short and long-term. Pago11 THE LONDON PLAYING FIELDS SOCIETY TRUSTEES, REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2025 Most of the themes underpinning the previous plan ar@ still relevant 80 it is env¢saged that the emphasis on the following priorities will be similar.. a} Achieving financial suslainabilily b} Increasing income generation streams cl Future proofing the grounds and buildings dl Increasing the Strateg￿ playing fields protection role 81 Creating more active communities 0 Using social media more effectively lo increase LPFF'S profi18 gl Becoming more eneroy efficient A resolution lo reappoint MHA as independent auditor will be proposed al the next Annual General Meeting. ve r of the Members of Ihe Board of Trustees and signed on its behall by.. Neil Gregnwood TFusle8 Dale.. 9th March 2026 Poge 12 THE LONDON PLAYING FIELDS SOCIETY STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 30 SEPTEMBER 2025 The Trustees ar& rasponsible for preparing the Trustees, Report and the financial slalements in accordance with applicable law and Unrted Kingdom Accounting Standards {Uniled Kingdom Generally Accepted Accounting Praclicel. The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for 8ach financial year which give a true and fair view of the slate of affairs ol the Group and thè Charity and of their incoming resources and application of resourc8s, including their incomè and expenditure, for that period. In preparing these financial stalemenls, the Trustees are requirèd lo.. select suitable accounting policies and then apply them consistently., observ8 the methods and principles of the Charities SORP IFRS 102}', make judgements and accounting estimates that are reasonable and prudent., slate whether applicabl8 UK Ac￿unting Standards IFRS 102} have been followed, sublecl to any material dèpartures disclosed and explained in the financial statements., prepare the financial slalemenls on the going ¢onceTn basis unless il is inappropriale lo presume that the Group and Charity will continue in business. The Trustees are responsible for keeping proper 8ccounling records that are sufficient to show and'explain the Group and the Charity's transactions and disclose with reasonable accuracy al any lime the financial position of the Group and the Charity and enable them lo ensure that the financial statements comply with the Charities Acl 2011, the Charity (Accounts 2nd Reports) Regulations 2008 and the provi8ions of the Trust deed. They are also responsible for safeguarding the assets of the Group and the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. In so far as the Trustees are aware.. th8re is no relevant audit information of which the Group and Charity's auditor is unaware., and the Trustees have taken all slep5 Ihal they ought lo have 18k&n to make themselves aware of any relevant audit infoTmatwJn and lo estsblish that the auditor is aware of that information. Approved by ordèr of the Membors of the Board of Trustees and signed on its behalf by.. Neil Greenwood Trustee Date.. 9th March 2026 Page 13 THE LONDON PLAYING FIELDS SOCIETY INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE LONDON PLAYING FIELDS SOCIETY Opinion We have audf(ed the financial slat8ments of Th8 London Playing Fields Society (the 'Parent Charty,) and ils subsidiaries Ilhe 'Group'l for the year ènded 30 September 2025 which comprise the Consolidated Slalemenl of Financial Aclivilies, the Consolidated Balance Sheet. the Charity Balance Sheet, the Consolidated Slalemenl of Cash Flows and the related notes, including a summary of significant accounting polici8s. The financial reporting framework that has been applied in Ihoir preparation is applicable law and United Kingdom Accounling Standards, including Financial Reporting Sl8ndard 102 The Financial Reporting Standard applicable the UK and Rep¥Jblic of Ireland (United Kingdom Generalty Accepted Accounting Practi￿1. The financial slalements have been prepared in accordancewilh Accounting and Reporting by Charities preparing their accounts in accordanc8wilh the Financial Reporting Standards applicable in the UK and Republic of Ireland IFRS 1021 in preference lo the Accounting and Reporting by Charities.. Sialemenl of Recommended Practice issued on 1 April 2005 which is reférred lo in the extant r8gulalions but has been withdrawn. This has b￿n done in order for the accounts lo provide a true and fair view in accordants with the Generally Accepl8d Accounting PTaclico effective for reporting periods beginnlng on or after 1 January 2015. In our opinlon the financkgl statements.. give a true and fair view of the slate of the Group's and Parent Charity's affairs as al 30 September 2025, and of the Group's incoming resources and application of resources, including its income and expenditure, for the year then ended., have been properly prepared in accordance wlh United Kingdom Generally Accepted Accounting Pradice,. and have been prepared in accordance wilh the requirements of the Charitie8 Act 2011. Basls for oplnlon We conducted our audit in accordance with International Standards on Audrfcing IUKI {ISAs IUK)) and applicable law. Our responsibilities under those standards are further described in the Audilols Responsibilities for the aud oflhe financial slalemenls section of our report. We are independent of Ihe Group and parent charitable company in accordance with the ethical requirements that ar8 relevant lo our audit of the financial slalemenls in Ihe UK, including the FRC'S Ethical Standard, 2nd we have fulfilled our other ethical rosponsibililies in accordance with these requirements. We b&lieve that the ?udil evidence we have obtained is SLJfficienl and appropriate to provide a basis for our opinion. Conclusions relating to golng concern In auditing the financial slalemenls, we have concluded that the Trustees. use of the going concem basis of accounting in the preparation of the financial slalements is appropriate. Based on the work we have performed, we have not identified any malerial uncertainties relating to events or conditions that, individually or collectively, may cast significant doubl on the Group's or the Parent Charity's ability lo continue as a going concem for a peric)d of al least twelve mgnlhs from when thè financial slalements are aulhorised for issue. Our responsibilities and the responsibilities of the Trustees wlth rèspect lo going concern are described in the relevant seclKJns of this report. Page 14 THE LONDON PLAYING FIELDS SOCIETY INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE LONDON PLAYING FIELDS SOCIETY ICONTINUEDI Other Infomiatlon The other infomi8lKJn comprises the infomiation included in IheAnnual Report, otherlhan Ihefinancial slalements and our Audilof s Report Ihereon. The Trustees are responsible for the other information contained within the Annual Report. Our opinion on the financial st8t6menls does not cover the other informalion and, except lo the oxtenl otherwise explic((ly stated in our report, we do not express any fom of assurance conclusion thereon. Our responsibility is lo read the other infomation and. In doing so, considerwhelher the other information is materially inconsislenl with the financial slalemenls or our knowledge obtained in the course of the audit, or otherwis8 appear8 to be materially misstated. If we idèntify such material inconsistencies or apparent material misslaletnents, we are required to determine whether this gives rise to a material misstalemenl in the financlal slalements Ihemselv8s. If, based on the work we have performed. we conclud8 that there is a material Misstatement of this other information, we are roquired lo report that fact. We have nothing to report in this regard. Matters on whtch are required to report by &xception We have nothing lo report in respect of the following matter8 where the Charities (Accounts and Reports) RegulalKJns 2008 requires us to report lo you if, in our opinion.. the information gwen in the Trustee's Report is inconsislenl in any materfal respect with the fsnancial statements., or the Group or Parent Charity has not kept suffictenl accounting records., or the Group and Parent Charity financial statements are not in agreement wlth the accounting records and returns., or we havè not r￿IVèd all the infomiation and explanations we require for OUT audit Responsibllltle5 of Trustees As explained more fulty in the Statement of Tru8tees' Responsibilit￿$. Ihe Trustees are re8pon8ible for th8 preparation of the financial statements and for being salislied that they give a true and fair view, and for such intemal control as the Trustees determine 18 necessary to enable the preparation of financial statements that are free from material mlsslatement, whether due to fraud or 8rror. In preparing the financi81 slatemenls, the Trustees are responsible forassessing the Group's and Parent Charily's ability lo continue as a going concern. disclosing, as applicable, mallers related lo going concem and using the going concern basis of accountin9 unless the Truslees either intend to liquidate the Group or the Parent Charity company or to cease operations, or have no realistic alternative bul to do so. Audltor's responslbilities for the audlt of the financlal ststements Vve have been appointed as audilof under section 151 of the Charitie¥ Act 2011 and report in accordanse with the Act and relevant regulaliDn8 made or having effect thereunder. Our objectives are to obtain reasorkable assurance about whether the financial 8tatemenls as a whole are free from material misslalement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, bul 19 not a guarantee that an audit conducted in accordance with ISAS IUKI will always delecl a material misslalemenl when il exists. Mi8slal&ments can arise from fraud or error and are considered rllaterial if, individually or in th8 aggregate, they could reasonably bè expeoled to influence the economic decisions of users tak8n on the basis of these financial gtslements, Page15 THE LONDON PLAYING FIELDS SOCIETY INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE LONDON PLAYING FIELDS SOCIETY {CONTINUEDI Irregularities, including fraud, are instances of non-compliance with faws and regulations. We ¢Jesign procedures in line with our responsibilities, outlined above, to detect materi81 misstatements in resp8¢t of irregularities, including fraud. The specific procedures for this engagement and the extent lo which these are capable of delecling irregularities, irKluding fraud is detailed below,. Enquiry of management and those charged with governance around aetual and polenli81 litigation and claims., Enquiry of Charity staff in finance and lax functions lo identfy any instances of non-compliance wllh laws and regulations.. Performing audit work over th8 risk of management override of controls., Testing of joumal entries and other adjustments for appropriateness., Evaluating the business rationale of significant transaction8 outside the normal course of business., Reviewing significant accounlino estimates for bias- Reviewing minutes of meetings of those charged wlh governance during the year and post year end,. Reviewing financlal statement disclosures and testing to supporting docum8nlalion to assess compliance with applicable laws and regulations. Because of thè inherent limitations of an audit, there is a risk that we wlll not delecl all irregulari118s, including Ihoso leading lo a material misslalemenl in the financial statements or non-compliarice with regulation. This risk InC￿aSe8 the more that compliancewilh a law or regu12tion is removed from the events and Iransatttions refle¢led in the financial slatemenls, as we will be less likely lo become aware of instances of non-complianee. The risk is also gr&ater regarding irregularities occurring due lo fraud rather than error, as fraud involves intentional ncealmenl, forgery, collusion, omission or misrepresentation. A further description of our responsibilities for the audrt of the financial statements is located on the Financial Reporting Council's website al.. http$'.Ilwww.frc.oig.uklOur-WorklAudiUAudrt-and-assurancelStandards- andguidancelslandards4nd-guidance-for-auditorslau(iilorsresponsibilili88. This description forms part of our Auditor's Report. Use of this report This report is made Sole￿ to the Group and Char¢ty's Trustees, as 8 body, in accordance with Part 4 of Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken 80 that we might stale lo the GTOUP and Charity's Trustees those mallers we are required lo stal& lo them in an Audilorfs Report and for no other purpose. To thè fullest extent permitted by law, we do not a￿p1 or assume r8spon8ibilily to anyone oth than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we hav8 fomied. MHA stalulory Auditor London, United Kingdom Date.. 1110312026 MHA is the trading name of MHA Audit Services LLP, a limited liabilily partnership in England and Wal8S (registered number OC3123131 MHA Audit Services LLP is eligible lo acl as an audilor in leTms of section 1212 of the Companies Act 2006. Page 16 THE LONDON PLAYING FIELDS SOCIETY CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER202S UnrastriGted funds 2025 Restrictsd funds 2025 Total funds 2025 Total funds 2024 Note Income from: Donations and lègacies Charitable actwities other trading activities Inveslmants 170.36S 1,197,731 196.659 33,859 39,7SO 170.365 1.401,605 195,659 33.859 39,750 146,259 t,340.019 208, 139 38,958 203.874 Other income Total Income 1.637,364 203.874 1,841.238 1, 733,375 Expendltura on: Raising funds Charitable activities 193,566 1.762,326 193,556 1.928.207 197, 109 1,821.653 10 165,881 Total expendllure 1.965,882 165.881 2,121,763 2,018,762 Net lexpendituro) before rgvaluation of investments Revaluation of investments 1318.5181 225.099 37,993 {280,525) 225,099 (285,387) 238.025 17 Not incomel {expandlturel 193,419> 37.993 155,426) (47,562) Transfer between funds 22,776 122.776) Net movèment In funds {70,6431 15,217 155.4261 (47,362) Reconclllation of funds- Total funds brought forward Net movement in funds 6,889,395 170.6431 1,402.303 15.217 7,291,698 IS5A261 7,339,06Q (47,362) Total funds carrled forward 5,818,752 1.417.520 7,236,272 7.291,698 All income and expenditure derive from continuing acliviltes. The notes on pages 21 to 42 form part of thesg financial ststemenls. Page 17 THE LONDON PLAYING FIELDS SOCIETY CONSOLIDA TED BALANCE SHEET AS AT 30 SEPTEMBER 2025 2025 2025 2024 2024 Note Flxed assgts Tangible fixed assets Inveslrnenls 16 17 4,446,657 2,513.073 4. 707, 137 2,343,291 6,959,730 7.050,428 Current assets Debtors.. Amounts falling due within one y8ar Cash al bank and in hand 18 333,546 4S8.219 334,90Y 726,889 23 791,766 1,061, 796 Creditors.. Amounts f811ing due within one year 19 (515,223) (820,526) Net Gurront assets 276,542 241,270 Total net assets 7,236,272 7.291. 698 Group funds Reslricled fund$ Unr&stricted funds 20 20 1,417.520 5,818.752 1,4Q2,303 889,395 Total funds 7.236,272 7,291, 698 The financial slalemenls w8r8 approved and aulhorised for issue by the Trustees and signed on their behalf by= Tha Hon Wl Trustee Dale.. 0910312026 ia adogan Neil Greenwood Trustee Dale.. 0910312026 The notes on pages 2110 42 form part of these financial slatemenls. Page 18 THE LONDON PLAYING FIELDS SOCIETY CHARITY BALANCE SHEET ASAT 30 SEPTEMBER2025 2025 2025 2024 2024 Note Flxed assets Tangible fixed assets Investments 16 17 4,446.667 2,513,075 4, 707. 137 2,343,293 6,$59,732 7,Q50,430 Current assets Doblors.. Amounts falling due within one year Cash al bank and in hand 18 355,856 402,118 367,086 617,857 757,974 984,943 Creditors.. Amounts falling duo within one year 19 {609,0941 f815.578J Net current assets 248,880 169,365 Total not assots 7,208,612 7,2t9,795 Charlty funds Reslricled funds Unrestricted funds 1.417.520 5.791.092 1,402,303 5,817,492 Total funds 7.208.612 7,219,795 The Charity's net mvem6nl in funds for the yearwas deficit £11,183 (2024- dgfici1£2,473). The financial slal6menls were approved and 3Uthorised for issue by the Twslees and Signed on their behalf by., 04L The Hon Wl Trustee Date.. 0910312026 am Neil Greonwood Trustee Dale.. 0910312026 The notes on pages 2010 42 form part of these financial slaternenls. Page 19 THE LONDON PLAYING FIELDS SOCIETY CONSOLIDA TED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 30 SEPTEMBER 2025 2025 2024 Note Cash flows provided by operating aGtlvltles Nel cash used in opefaling activities 22 12fj1,0441 249,609 Cash flows from Investlng activltlgs Investment income Purchase of tangible fixed assets Proceeds fr￿ sale of Investments Purchase of inve81menls Cash movement on inveslmenls 33,859 38,958 96.802) (338.665) 659,186 397,025 {604.4081 (429,625) 539 44,714 16 17 17 17 Net cash provldod by Investing actlvities 17,6261 (287.593) Change In cash and cash equivalonts In the yèaT Cash and cosh equfvalents al the beginning olthe year 1268.6701 (37,984) 764,873 726.889 Cash and cash equivalents at thè end of the year 23 458,219 726, 889 The notes on pag8s 2110 42 fomi part of these financial stalernonls. Page 20 THE LONDON PLAYING FIELDS SOCIETY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED30 SEPTEMBER2025 General Information The London Playing F￿[d$ Society operating under the name of the London Playing Fields Foundallon Is a registered Charity and is registered with the Charrty Commission (Charity Registerèd Number. 3029251. The address of the registered office is given In the Group and Charity information on page 1 of these financial statements. The nature of Ihe Group and Charitls operations and principal acliviltes are d81ailed within the Trustees Report. The signrficanl accounting policies applied in the preparation of these financial slalemenls are sel out below. These policies have been consistently applied lo all yeors presented unless otherwise slated. The accounts (financial slalementsl hav8 been prepared in accordance ￿th the Statement of Recommended Practice.. Accounting and Reportino by Charities preparing their accounts in accordan¢8 wilh the Financial Reporting Standard applicable In the UK and Republic of Ireland IFRS 102} issued on 16 July 2014 and the Financial Reporting Standard applicable in th8 United Kingdom and Republic of Ireland IFRS 1021 and the Charities Act 2011 and UK Generally Accepted Practica as it applies from 1 January 2015. Accounting pollclgs 2.1 Basis of preparatlon of flnancial ststements Thè financial statements have been prepared in accordance Mlh the Charities SORP IFRS 1021 Accounting and Reporting by Chari118s.' Slalement of Recommended Praclice applicable lo Charities preparing their accounts in accordance with the Financial Roporting Standard applicable in the UK and Republic of Ireland IFRS 1021, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Charities Act 2011. The financial slalem8nts have been prepared to glve a 'lrue and fair, view and have departed from the Charities (Accounts and Reports) Regu181ions 2008 only lo the extent required to provide 8 'trufr and fairf view. This departure has involved following the Charities SORP IFRS 1021 published in October 2019 rather than the A￿OUntIng and Reporting by Charities,. Statemont of Recommended Praclice effective from 1 April 2Q05 which has since been withdrawn. The London Playing Fields Society meets th8 definition of a public benefit enlily under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless olherwise staled in the relevant accounting policy. The financial slalemenls hav8 been presented in sterling, which is also th8 functional currency oflhe Group and ar& rounded lo the nearesl pound. The Consolidated Sl8lement of Financlal Aclivilies (SOFA} and Consolidated Balance Sheet consolidalo the financial slalem8nts of the Charity and ils subsidiary undertaking. The results ol th subsidiary are consolidated on a line by lin8 basis. Page 21 THE LONDON PLAYING FIELDS SOCIETY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER2025 Accounting pollcles Icontinugd} 2.2 Income Income is included In the Con80lidaled Sla18m&nt of Financial Activities (SOFA) when the Group is l@gally entitled to the income, the amount can be quantified, and ils receipt is probable. No amounts are included in the financial slalemenls for services donated by volunteers. Income is deferred where il relates to a service lo be provided in a future accounting period or the grant is specified by the fur￿eT as being for a future accounting period. The recognition of incomè from legacyas is dependent on establishing entitlement, the probabilf(y of receipt and the ability to estimate with sufficient accuracy the amount receivable. Evidence of enlillemenl lo a legacy exists when the Charity has sufficient evidencÈ that a gift has been left to them Ithrough knowledge of the existence of a valid will and the death of the benefaclorl and the oxeculor is satisfied that the property in question will not be requir8d lo satisfy claims in the estate. Receipt of a legacy musl be recognised when il ts probable that il will be received and the fair value of th8 amount re￿1Vable, which wlll generally be the expected cash amount to be distributed to the Charity, can be reliabw measured. 2.3 Government grants The Charity receives government grants. Income from government and other grants ale recognised al fair value when the Charity has @nlillement after any performance conditions have b&8n met, il is probable that th8 income will be received and the amount can be measured rellably. If enlrtlement is not mel then these amounts are d8ferred. 2.4 Expandlture Expenditure is accounted for on an ac¢ruals basis. Expenditure includes any VAT ￿1¢h cannot be fully rewvered. Expenditure on raising funds includes all expenditure incurred by the Group a880ciated with allracling voluntary inwme, running events and managing the Group's inveslmenls. Charf(able expendi(ure comprises those ¢osts incurred by the Group in the delNery of ils activities and services for ils beneficiaries. 11 includes costs that can be allocated dir8Ctly lo such activities ar those costs of an indirect nature necessary lo support them. Expenditure which is direclly altribulable to specilic activities has been included in these costs categorie8. Where costs ar& attributable to more than one aclivily, e.g. support costs, they have been apportioned across the cost categories on a basis consistent with the use of these resources. Support costs comprise principally Head Office running costs. Where Head Office staff support more than one aclivily their salary is apportioned on a percentagè basis across the cost categories. Governance costs are included within support costs. 2.5 Tanglble flxèd assets and depreciatlon Tangib￿ fixed a8sel8 Costing £5,000 or more are capilalised and ￿CO￿nISed when future economic benefits are probable ar￿ the cost or value of the asset can be m8asured reliably. Tangible fixed assets are iniiially r8cognised al cost. After recognition, under the cost model, tangible fixed assets are measured al cost less accumulated depreciation and any accumulated impairment losses. All costs incurred lo bring a tangible fixed asset Into ils intended working condition should bs included in the measurement of cost. Page 22 THE LONDON PLAYING FIELDS SOCIErY NOTES TO THE F5NANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 AGcountlng pollcles {contlnuodl IS Tanglble flxed assets and depreciation Icontlnued) Depreciation Is charged so as to allocate the cost of tangible fixed assets less their rèsidual value over their eslimaled useful lives, using the slraighl-line method. Depreciation is provided on the following bases.. Freehold18nd Buildings erected on or after 1988 not depreciated 2.5% per annum, straight.line Plant and machin8ry 10% per annum. straighl-line FixtUTes, fittings and equipment 20tlk per annum. slraighl-line 2.6 Investménts Fixed asset investments are a form of financi81 instrumènt and are initially recognised at their transaction cost and subsequenlly measured al fair value at the 8alance She&l dale, unless the value cannot be measured reliably in wh￿h case it is me8sured al ¢osl less impairm8nt. Investment gains and losses, whether realised or unrealised, are combined and presented as 'Revalualion of investments, in the Consolidated Statement of Financial Aclivilies. Followng a review of the accounting policies the Trustees have chosen to adopt the m8Tk lo market basi8 of accounting for investments. Accordingly investments are conlinuousw measured at their fair Value and as such no realised gains or losses arise in the year. Investments in subsidiar￿8 are valued al cg51 less provision for impairment. 2.7 Fund aCCOUDting G8neral fvnds are unreslrlcled funds which are available tor use al th& discretion of the Trusl&es in furtherance of the general objectives of th8 Group and which have not been designated for other purposes. Designated funds comprise Unrestr￿lert funds that have been set aside by the Trustees for particular purpose5. Theaim and use of each designated fund is sel out in the notes to the financial statements. Restrict￿ funds are funds which are lo be used in accordance with specific restrictions imposed by donors or which hav& b@en raised by the Group for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each re51ricled fund is set out in the notes lo the financial sl4tements. Investment income, gains and losses are allocated lo the appropriate fund. 2.8 Debtors Trade and other debtors are reeoonised at the setttemenl amount after any trade discount offered. Pr6paymenls are valued al the amount prepaid nel ol any trade discounts due. Page 23 THE LONDON PLAYING FIELDS SOCIETY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 Accountlng pollcl8s {¢ontlnuèdl 2.9 Cash at bank and In hand Cash at bank and in hand includes cash and short-lerm highly IiquKI investments with a short malurily of three months or less from the dale of acquisition or opening of the deposit or similar account. 2.10 Liabilitles and provislons Liabilities are recognised when there 48 an obligation al the Balance Sheet date as a res￿￿ of a past event, il is probable that a transfer of economic benefti will be required in selllement, and the amount of the selllement can be 8slimaled rèliably. Liabilities are recognised al Ihe amount that the Group anlicipales il will pay lo settle the debt or the amount il has received as advanced payments for the goods or s8rvices il musl provide. Provisions are measured al the best 8s1imate of the amounts required lo settle the obligation. Where the effect of the lime value of money is material, th8 provision is based on the present value of those amounts, discounted al the pre-tax discount rale that Teflecls the risks specilic to the liability. The unwinding of the discount is recognised in the Consolidated Stslemenl ol Financial Activities as a fin8n¢e cost. 2.11 Operating loa8e8 Rentals paid under operating leases are charged lo the Consojidated Slalemenl of Financial Activities on a slraighl lin8 basis over the lease IoTm. 2.12 Golng concem The Trustees have assessed the use of going concern and have considered possible events or conditions that might cast signrficanl doubt on the ability of the Group and Charity lo continue as o going concern. The Trustees have made this assessment for a period of al least one year from the date of the approval of these financial 8talemenls. The Trustees have concluded that there is a reasonable expectation that the Group and Charity has adequate resources to continue in operational existence for the forèseeable future. The Group and Charty therefore continues ID adopt the going conc8rn basis in preparing its finan¢pal slalemenls. The Trustees have concluded that Ihere are no material un¢ertainlies in relation to going concem. 2.13 Flnancial Instruments The Group does not hav8 a material holding in complex financial inslrumenls. The Group only holds basic financial inslmments. The financial assets and 5iabilities of the Group are as follows.. Debtors- trade and other debtors (including accrued in¢omel are basic financial instruments and are debt inslrumenls measured al 2mortised cost as detailed in Note 18. Prepaytllenls are not financial inslrumenls. Cash 81 bank- is dassified as a basic financial instrument and is measured at face value. Liabilities- trade creditors, accruals and other cTedilors will b2 classified as financial instruments and are measured at amortised cost as detailed in Note 19. Taxation and social security are not included in the financial instruments disclosure. Deferred income is not deemed to be a financial liability, as in the cash selllemenl has already taken place and Ih8r8 is simply obligation to deliver charitable services rather than cash or another lin8nci81 inslrumenl. Page 24 THE LONDON PLAYING FIELDS SOCIETY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER2025 Accounting policies Icontlnugdl 2.14Taxation The Charity is considered to pass the lesls $81 out in Paragraph 1 Schedule 6 of the Finance Acl 2010 ané therefore il meets the definition of a charitable company for UK corporation lax purposes. Accordingly. the Charity is potentially exèmpl from t8xation in respect of income or capita5 gains received within categorie5 covered by Chapter 3 Part 11 of the Corpoiation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that 8uch income or gains are applied exclusively lo Gharilable purposes. 2.15 Employee beneflts When employees have rendered service to the GfOUP, short-lerm employee benefits lo whKh employees are anlilled are recognised at the undiscounled 8mDunl expected lo be paid in exchange for that service. The Group operates a defined contribution plan for the benefit of ils employees. Contributions are expensed as they become payable. Crltlcal accounting estlmatos and areas of ludgement Th8r8 are no material judgments or key sources of eslimalion uncertainty Ihgt arè considered ID have a significant risk of Causing a material adjuslmenl lo the carrying amounts of the assets and liabilities in this financial year or within the next financial year. Page 25 THE LONDON PLAYING FIELDS SOCIETf NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER2026 Incomo from donations and legacles Unrestrlcted funds 2025 Total fvnds 2025 DonatK)ns 170,365 170.365 170,365 170.365 Unrestri¢ted funds 2024 Total funds 2024 Donations 146,259 146,259 146,259 t46,259 Page 26 THE LONDON PLAYING FIELOS SOCIETY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER2025 Income from charltable a¢tlvltles Unrestrict8d Restricted funds funds 2026 2025 Total funds 2025 Hiring charges Other ground aclivilEes Rental income Cateting Other income 654,88e 5,408 484,243 39,509 13.685 654,886 209,282 484.243 39.509 13.685 203,874 Totsl 2025 1,197.731 203,874 1,401,605 Unreslricled Restritrted Total funds funds funds 2024 2024 2024 Hiring charges Other ground activities Rèntal income Catering Other income Total 2024 602,519 11,450 475,278 34,547 602.519 212,640 475,278 34,547 15,035 201,190 1,138,829 201,190 1,340,019 Included within income relating to other ground activities are th8 following restricted government grants.. London Borough of Wallham Forest- £SO,000 (2024- £25,000) There are no unfulfilted conditions or other contingencies attached lo the govemmenl grants above. Page 27 THE LONDON PLAYING FIELDS SOCIETY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED30 SEPTEMBER2025 Income from other trading actlvitigs Unrestrlcted funds 2025 Total funds 2025 Annual Quiz Gala Dinner other trading income 187,854 27,805 167.854 27,805 Total 2025 195,659 195.659 Unr8slncl8d funds 2024 Total lunds 2024 Annual Quiz Gala Dinner Other trading income Total 2024 57,987 151.032 (8801 208.139 57,987 151,032 18801 208.139 Investment income Unrestrictsd funds 202S Total funds 2025 Income from118ted investments 33.859 33,859 33,859 33,859 Unreslricled lunds 2024 Total funds 2024 Incom8 from listed investments 38.958 38.958 38,958 38,958 Page 28 THE LONDON PLAYING FIELDS SOCIETY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 other income During the year The Society recelved £39.750 as part of an overage settlement involving the transfeT tsf a freehold interest of 8 piece of land al Prince Georges Playing Field in LB Merton. In 2000 the Society had disposed of Prince Georges Playing Field under 8 999 year lease to Wimbledon FC who s ubsequenlly granted the occupants of the 40-42 Grand Drive a sub lease so that Ih&y could build an annexe for their chiropodisl practice. Three years ago the occupants had approached the current tenants Cromford Ltd and the LPFS to PilTchase the freehold. Having commissioned an independent valuation, gained approval from the LPFS Council, inslruct@d the Society's lawyers lo expedite the Iransfer, procured a designated adviser's report lund8r s119 of the Chariti&s Act), the signing ol the transfer document {in th8 form of a deed) look place 24th January 2025. Expenditure on ralslng funds Unrestricted funds 2025 Total funds 2025 other raising funds Costs of generating donations and grants Fundraising event costs Investment monagemenl cosls 94,235 83,280 16.Q41 94,235 83,280 16.041 Total 2025 193,556 193.556 Unreslricl8d fvnds 2024 Total funds 2024 Other raislng funds Costs of generating donations and grants Fundraising event costs Investment management cos 82,652 98,697 15,760 82,652 98,697 15,760 Tdal 2024 197,109 197,109 Page 29 THE LONDON PLAYING FIELDS SOCIETY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED30 SEPTEM8ER2025 10. Analysls of èxpendlture on charitable activltles- by fund Unrnstricted Restrlcted funds funds 2025 2025 Total funds 2025 Grounds 1,762,326 165,881 1,928,207 Unreslricled funds 2024 Restricted funds 2024 Tolal funds W24 Grounds 1,668.826 152,827 1,821,653 11. Analysls of expenditure on charltsble a¢tlvltles- by type Actlv5t5es undertaken dlrectly 2025 Support osts 2025 Total funds 2025 Grounds 1.486,454 441,753 1.928.207 Acfivilies undertaken d1￿cl1Y 2024 Support costs 2024 Tol&l funds 2024 Grounds 1,416,297 405,356 1,821,653 Page 30 THE LONDON PLAYING FIELDS SOCIErY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 202S 11. Analysls of expendlturg on charltablg activltles- by type Icontinuèd} Analysis of support costs Total funds 2025 Tolal funds 2024 Staff costs Grounds expenditure Governance costs 260,148 162.257 19,350 232,849 153,266 19.241 441.753 405,356 12. Govarnance costs 2025 2024 Auditor's remuneration- Audit services Auditor's remuneration- Non-Audil services Auditorfs remuneration- Underl(Over) xcrual of prior year fees 17,250 17,700 6,059 (4,518) 19,241 17,250 13. Auditols remuneration 2025 2024 Fees payable lo the Charity's audilorfor the audit of the Charity's annual accounts 17.250 17.700 Fees payable to the Charity's auditor in respect of.. T8X8tion compliance services 6,059 Page 31 THE LONDON PLAYING FIELDS SOCIErY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED30 SEPTEMBER2025 14. Staff c08ts Group 2025 Group 2024 Charity 2025 Cha￿lY 2024 Wages and salaries Social security eosls Pens¢on costs 758.221 72.011 34.941 717.736 61.899 33, 734 758,221 72,011 34,941 717. 736 61,899 33, 734 865,173 813,369 865.173 813,369 The average numb8r of persons employed by the Group during th8 year was as follows.. Group 2025 No. Group 2024 Charlty 2025 No. Charily 2024 Ground5 Staff Management and adminislralion 27 26 27 26 33 32 33 32 The number of employ￿8 whose employee benefits (excluding employer pension costs) tsxceeded £60,000 was.. Group 2025 No. Group 2024 In the band £100.001- £110.000 The total amount of employee benefits received by Key Management Personnel is £129.259 (2024 £123,986). The Charity considers ils Key Management Personnel lo be the CEO and the Trustees. Page 32 THE LONDON PLAYING FIELDS SOCIETY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 5EPTEMBER2025 15. Trustee8' remunoratlon and expènses During the year. no Trustees received or waived any remuneraliL)n or other benefits (2024- £NIL). During the year, no TTuslee expenses have been incurred (2024- £NIL). 16. Tanglble fixed assets Group and Charlty Land and bulldlngs Plant and Fixtures and machlnery fittings Total Cost or valuation At 1 October 2024 Additions 9.980,639 39.975 IA93.598 56,827 31.160 11,505.395 96,802 Disp05als At 30 September 202S 10,020,614 1.550.423 31.160 11.602,197 Depreclation Al 1 October 2024 Charge for the year 6,002,487 257,959 767.724 98.116 28,047 1,207 6,798,258 357,282 Disposals AI 30 September 2025 6,260A46 865.840 29,254 7.155,540 Net book value At 30 September 2025 3,760,168 684,583 1,906 4A46.657 At30 Seplember2024 3,978.152 725.872 3,113 4, 707, 137 Land and buildings include tand of £428.743 (2024. £428,743) which is not depreciated. Land and buildings are freehold with thè exception of £700,OIXI of buildings and £48.412 of land in respecl of London Marathon Playing Field Greenford which is long leasehold. The Society's sports grounds and buildings are for functional use and therefore have not been re-valued. The disposal disclosed in note 8 (Other income) represents a leasehold asset which was treated as a disposal of fixed assets in thè 2000 accounts and Ihe¥elor8 is not shown as a disposal in this financial year. Page 33 THE LONDON PLAYING FIELDS socIErY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEM8ER2025 17. Flxed asset investment5 Group Cash held as part of Llsted invastment Investments portfollo Total Cost or valuation At 1 October 2024 Additions Disposals al carrying value Revaluation Movement in cash AI 30 September 2025 2.262.068 604,408 1659,1 e61 225,099 81,223 2,343,291 604,408 {659.1861 225,099 539 2 513 073 539 2 432 389 Charlty Cash held as part of Investment investment In subsldiary portfo150 eompany Li5tsd Inveslments Total Cost or valuation Al l October 2024 Additions Disposals al carrylng value Revaluation Movement in cash 2.262.068 604,408 1659,186) 225,099 81,223 2,343,293 604,408 {659,1861 225,099 1539) 2,513,075 1539) 80,684 AI 30 September 2025 2,432,389 Page 34 THE LONDON PLAYING FIELDS SOCIETY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED30 SEPTEM8ER2025 18. Debtors Group 2025 Group 2024 Charity 202S Char 2024 Due within one year Trade debtors Amounts owed by group undertakings Prepaymènts and accrued incom8 269,450 266,079 259.450 22,310 74,096 355,856 266,079 32.179 68,828 367,086 74.096 333,546 68,828 334,907 19. Creditors: Amounts falling due within one year Group 2025 Group 2024 Charlty 2025 Charity 2024 Trade ciedilors Olh8r taxation and soGial security Olh8r Creditors VAT payable AGcruals and deferred inwme 59,224 19,175 282,602 56,369 19.175 281,402 14,998 421,826 10, 191 527, 733 15,474 418.076 10, 191 523,985 515.223 820,526 509.094 875,578 Group 2025 Group 2024 ChaFiIy 2025 Char 2024 Deferred Income Deferred income al 1 October ResoLJrces deferred during tho year Amounts released from provious periods 501,294 406. 703 501,294 406, 703 400.071 5Ql,294 400,071 501,294 1501,2941 (406, 703) (501,2941 (405, 703) Deferred income at 30 September 400,071 501,294 400,071 501,294 Deferred income al both the current and prior year-ends related lo futur8 fundraising events. mulll-year grant funding, pilch hire conlraels, and rent invoiced in advance. Page 35 THE LONDON PLAYING FIELDS SOCIETY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2026 20. Statemènt of funds statgment of funds- currant year Balance at 1 October 2024 Income Exponditure Transfers inlout Galns l Balance at {Losses) 30 Septemb8r 2025 Unrestricted funds Daslgnated funds Fixed Assets Fund Caprtal Exp8ndf(ure Fund 3.458,905 695,222 4,154,127 1268,6681 92,122 16,2111 86,911 3,282,359 689.011 3,971.3 1268,6681 G8neTal funds Unreslri¢led general funds Revaluats'on reserve 783,096 952,172 1,735.268 1.637.364 11.687.214) 163.135} 670,111 1,177,271 1.847.382 22S,099 225.099 1,637,364 {1,687,214) 163,135) Total Unrestricted funds 5,889,395 1,637,364 11.955,8821 22.776 225,099 5.818.752 Rgslricted funds The London Marathon Charitable Trust Fund Coping Through Football Bernard Sunley Charitable Foundation The Football Foundation GTeen Hearts The Big Give Girls, Hub 1,077,530 157,294) 1,020.236 142,323 3.635 162,318 171,1691 233.472 3,635 187,067 2,313 4,975 4,460 1.402.303 27.456 {31,320) 122,776) 140,427 2,313 4,975 12.462 IA17. 14,100 203.874 16.0981 1165,8811 122,7761 Total of funds 7,291,698 1,841.238 12,121.763) 225.099 7.236,272 Page 38 THE LONDON PLAYING FIELDS SOCIETY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 20. Statement of fund5 (continued) The Fixed Asset Fund represents the not book value of the fixed assets owned by the Group after depreeialion which do not form parl of the r&stri¢led funds. The transfer in of £92,122 reflects capital expenditurè in year from unreslriGted funds. The Capital Expenditure Fund represents funds available and designated for major refurblshmenl and eventual replacement of grounds, buildings within the next ten years, and for major pileh and machinery expenditure. Future years plans include Ihe iefurbishm8nl of pavilions at Boslon Manor and Avenue Park Greenford, and pitch renovation WOTks. The transfer out of £6,211 rellecls a movement to the unrestricted general reserv8 to support the approved minimum level of General Fund ReseNe. The Unreslricled general funds reflect funds which are available for use 81 the discretion of the Trustees in furtherance of th8 general objectives of Ihe Charity and which have not been designated for other purposes. The Revaluation reserve represents the accumulation ol net revaluation gains and losses recorded lo Fixed ass?t inveslmenls. The purpose of the General Fund in lolal is lo manage cashllow 2nd to miligale the risk of a signrficanl drop in income or majgr unforeseen or uninstjred incident, and allow the Society lo continue operating whilst having sufficient lime lo consider and implement mitigation plans e.g. raising additional funds. The Trustees have approved a level of General Fund equivalent lo al least ￿￿e1ve months, general fund unreslricled expenditure excluding depr8cialion which in line with the approved expenditure budget for 2025-28 amounted 19 £1,847,382. The London Marathon Charitable Twsl Fun The London Marathon Charitable Trust Fund compris&s three sports grounds, being the London Marathon Playing Field Greenwich. the London Maralhon Playing Field Redbridge and the London Marathon Playing Field Greenford, £75.000 grant funding lor the artif￿lat turf pitch IATP} al Peter May Sports Cenlre, £20,000 grant funding for new gates al Avenu6 Park, along with grant funding towards the new boilers at Greenford and RedbTidgo. The movemènt on this fund represents th8 depreciation ¢harge on these thr$e grounds, artrficial turf pitch and boiler. The Co Throu h Football Fund The Coping Through Footb811 Fund is applied in 8ilPPOrt of the Coping Through Football programmg, This is being us8d lo expand the Coping Through Football project. which helps people with mental health problems gel their lives back on track and across our London boroughs. Income represents donat￿n$ from Th8 Sackler Family, NELFT and LBWF Public H8atth. The Football Found lion The Football Foundation Fund represents grant funding received trom Ihe Prèmier League and FA Facilities Fund for the new ATP al Peter May Sports Cenlre, along with grant funding towards LED lighting at Douglas Eyre and Peter May. The 8xpenditure represents the depreciation charge on the ATP and LED lighting. The transfer out represents Ihe purchase of a tractor which now has been Ir8nsferred lo the unreslricled Fixed As5els Fund. Page 37 THE LONDON PLAYING FIELDS SOCIETY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 20. Statement of funds Icontlnugd) The Bi Give £7,000 was raised in the Big GNe Christmas Challenge in prior years to fund Kick-start Coaching courses. Kick-start Coaching is a projectwhich helps disadvantaged Londoners improve their lives by gaining sports coach qualifications. By providing free places on FA courses lo our project beneficiaries we help partlClP8nls build their skilL4 and confidence and m8ke a positive contrlbution in their local community. Girf The Douglas Eyre Sports Centre Gids, Football Hub has b8en established help to increase the cOnf￿enCe of girls who are new lo foDlball so that they can becom8 regular participants. Set on the new 3G pitch al Douglas Eyre Sports Centre on Sunday mornings, the Hub provides an exciting opportunily for u8 to work in collabor81ion our clubs to create a female friendly, pressure-free environment where girls can learn the game arKI flourish. In hosting monthly age-group festivals for inexperienced player8 drawn from local clubs and schools. the intention is lo help increase the girls, confidence and competence so that they can become regular participants. The Hub also providas a specialist goalkeeping clini¢ aimed at leaching girls the lundamentals of Ihe pos((ion. Page 38 THE LONDON PLAYING FIELDS SOCIETY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED30 SEPTEMBER2025 Statement of funds Icontlnuèdl Statomgnt of funds- prior year Balance at 1 October 20ZJ Income Expendlture Transfers inlout Galns l Balance at (Losses) 30 September 2024 Unrestrlctsd funds Deslgnated funds Fixed Assets Fund 3,466.393 Capital Expenditure Fund 1,239.133 4.705.526 (263,495) 256,007 (543,911} 1263,495) 1287,9041 3,458,905 695,222 4,154,127 General funds Unraslricled general fund8 Revaluation reserye 565A47 714,147 1,279.594 1,532,185 11.602,440} 287.904 783,096 952.172 5,2fj8 238,025 238,025 1,532,185 11.602,4401 287.904 Total Unrestrlctsd funds 6,985.120 1,532.185 {1,865,935) 238.025 5,889,395 Restrlcted funds The London Marathon Charitable Trust Fund Coping Through Football Bernard Sunley Charitable Foundation The Football Foundati¢)n Green Hearts The Big Give Girls, Hub 1.090.210 43A76 156,1561 1,077,$30 98,282 3,635 114.072 170.0311 142.323 3.635 1S4,525 2,313 4,975 39,182 126,6401 167,067 2,313 4,975 4,460 4.460 1.363,940 201.190 (152.8271 1.402.303 Total of funds 7,339.060 1,733,375 12.018,762) 238,025 7,291,698 Page 39 THE LONDON PLAYING FIELDS SOCIErY NOTES TO THE FINANCIAL STATEMENTS FOR THEYEAR ENDED 30 SEPTEMBER2025 21. Analysls of net assels between funds Analysls of net assets between funds- curront year Unrestrlctgd fundg 2025 Restrlcted funds 2026 Total funds 2025 Tangible fixed assets Fixed asset investments Current assets cr￿ltorS due within one year 3,282,359 1,164,298 2,513,073 538,543 {515,223) 4.446.657 2,513,073 791,7S5 1515.2231 253,222 Total 5,818,752 1,417,520 7,238,272 Analysls of net assèts between funds- prfor y9ar Unr8stricled fiJnds 2024 Restricted funds 2024 Total funds 2024 Tangible fixed assets Fixed assel inv8Stmenls Current assets Creditors due within one year 3.458,905 2,343,291 907.725 (820.526) 1,248,232 4, 707, 137 2,343,291 1,061, 796 (820,526) 154.071 Tolal 5,889,395 1,4Q2.303 7.291,698 22. Reconciliation of net movement In fund$ to net cash flow from operatlng actlvltles Group 2025 GfDUP 2024 Nel {expendilLErel for the year {as per Statement of Financial Activiliesl Adjustments for: Depreciation charges Revaluation gains on inveslmgnts Invoslmenl income Decreasel{Increasel debtor8 Increasel IDecr&asel in creditors Net cash provided by operating actlvltles 156.4261 (47,362) 15 16 357,282 346,291 1225,099} (238.025) {33,859) (38.958) 1,361 13.946 305,303) 213,717 1261,044) 249, 609 17 18 Page 40 THE LONDON PLAYING FIELDS SOCIETY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER2025 23. Analysis of cash and cash equivalents Group 2025 Group 2024 Cash in hand Total Cash and cash equivalents 458,219 458.219 726.889 726.889 Analysls of changes in net debt At1 October 2024 Cash At30 flows September 2025 Cash al bank and in hand 726,889 726.889 (268.6701 1268,670) 458.219 458,219 25. Contingent liabilitie$ SF)Ort England hold a second charge over London Marathon Playing Field Greenford in respect of grant monies adv8nced in 2011 for the refuibishmenl of the pavilion al that ground. The grant, which amounted to £430.296. may be repayable il the ground ceases to be used for sportin9 purposes within the period lo 2032. The London Marathon Charitable Trust hold8 a second legal charga over London Marathon Plawng Field Greenwich., a first charge is held by The Secretary of Slate for Defence. A sum of £110,000 is repayable lo the London Marathon Charitable Trust in the event of this ground bèlng sold. London Marathon Playing Field Redbridge is jointly owned by the Sociely and The London Marathon Charitable Trust 88 tenants in common. A sum of £401,000 is repayable to The London Marathon Charitable Trust in th8 ev8nl of this ground being sold. The London Marathon Charitable TTUSt holds a fir81 legal charge over London Marathon P18ying Field Greenford. Half of the nel sale proceeds or a sum of £700,000, whichever is greater 18 repayable lo the London Marathon Charilable Trust in the event of the ground being sold. Page 41 THE LONDON PLAYING FIELDS SOCIETY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED30 SEPTEMBER2025 Operatlng leasg commitments At 30 September 2025 the Gloup and Ihe Charily had commitments to make future minimum lease payments under non-cancellabEe operaling leases as follows.. Group 2025 Group 2024 Charlty 2025 Charity 2024 Land and Bulldlng¥ Not later than 1 year Laterthan 1 year and not later than S years L8ter than 5 years 36,500 6,083 36,500 42,583 36,500 6,083 36.500 42.583 42,583 79.083 42.583 79,083 The following lease payments hav8 been recognised as an expense in the ConSol￿ated Slalemenl of Financial Aclivit18S'. Group 2025 Group 2024 Charlty 2025 Charity 2024 Operating lease rentals 36,500 36,500 36,5 36,50Q 36,500 36,500 36,500 36.500 27. Relatsd party transactions None of the Council received any remuneration or expenses in the year12024 ~ £NILI. During the year, tables. lick6ts and auctioned items were purchased in relation lo the annual Gala Dinner, Golf Day to the total of £42,65012024 8nnual Gala Dinner, Golf Day and Quiz- £22,086), by the following Trustees OT their related parties- The Honourable William Cadogan. Jamie Dal mple. Anlhony Ratcliffe12024 - The Honourabl8 William Cadogan, Jamie Dalrymple, Andy Sulch, Anthony Rate iffe, Andy Webb and Dennis Hone). InclLJded in unrestricted donations was £1,725 received from Truslees12024 3,4381. Additionally £75,000 was received as an unfestricled don81ion from The Cadogan Charily12024 '. £75,000). No restricted donations wèr8 received from Tiuslees12024 - NIL). 28. Controlllng party The Trustees do not consider that there is any single controlling party. Page 42