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Company registration number: 02370578
Charity registration number: 802385
THE BRITISH PARALYMPIC ASSOCIATION
(Limited by Guarantee)
ANNUAL REPORT AND FINANCIAL STATEMENTS
For the year ended
31 MARCH 2025
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CONTENTS
Legal and Administrative Information 2
Trustees’ Report 3
Independent Auditor’s Report 21
Consolidated Statement of Financial Activities 24
Balance Sheets 25
Consolidated Statement of Cash Flows 26
Notes to the Consolidated Financial Statements 27
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# _Also known as:_ **----- Start of picture text -----**
THE BRITISH PARALYMPIC ASSOCIATION
TRUSTEES’ REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The Trustees present their annual report together with the audited financial statements for the year ended
31 March 2025. This Trustees Report is a Directors Report as required by s415 of the Companies Act
2006.
All legal and administrative information relating to the British Paralympic Association can be found on
page 2 of the annual accounts.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Association is a charitable company limited by guarantee and registered as a charity. The
Association is bound by its Articles of Association. These were most recently updated at the Annual
General Meeting on 20 November 2019 (copies available on the Company’s website).
The purpose of the Association is to select, prepare, enter, fund, and manage the Great Britain and
Northern Ireland team at the Paralympic Games and to use the positive power of ParalympicsGB
athletes to inspire a better world for disabled people. This responsibility reflects the Association’s
charitable objects and is delivered in line with its values: Excellence, Respect, and Integrity.
The development of the Association is the responsibility of the Board with advice from the National
Paralympic Committee (membership of the Association). The management team under the CEO
holds executive responsibility for implementing the policies and strategies approved by the Board.
All Board meetings were well attended and quorate in the year.
The Board may delegate all or any of the powers conferred on them under the Articles to a committee
consisting of one or more of the Directors. A Finance and Audit Committee is established under this
power. Delegated authority also resides currently with a Qualification and Selection Panel, Awards
and Protocols Panel, and a Deals Panel whilst other Board sub-groups such as the Sport Committee,
Social Impact Committee, International Relations Committee, Development Committee,
Remuneration Committee, Nominations Committee and Classification Advisory Group, exist in an
advisory capacity to the Board. This structure was last reviewed by the Board in April 2024. All
committees, groups and panels have appropriate terms of reference, which are regularly reviewed,
and all maintain a record of meetings and decisions.
The corporate membership of the Association (voting or non-voting) is open to any British governing
body of Paralympic sport, national disability sport body and Home Nation disability sport federation,
subject to the constraints of the constitution and acceptance by the Board. Individual membership of
the Association is open to honorary members, life members and ordinary members, subject to the
constraints of the constitution and acceptance by the Board.
The Trustees of the Association are also the directors for the purposes of company law and comprise:
a) The Chair (Appointed by the Board following an open, public recruitment process).
b) Six individuals elected by the Voting Members.
c) Up to four members appointed by the Board following an open recruitment procedure
(following a skills assessment of the Board).
d) The Chair of ParalympicsGB Athletes Commission, who is appointed to the Board ex officio.
The term of office for all Directors is four years. However, to ensure that the change of personnel on
the Board is staggered, an election (for six elected Directors) and an appointment process (the Chair
plus four appointed Directors) is held every two years. Four representatives will be elected for the
Summer Quad (from end of one Summer Paralympic Games to the next) and two will be elected
after the end of the Winter Paralympic Games. Elections take place within nine months of each
Summer or Winter Paralympic Games. Elected Directors are elected at an election meeting following
nomination from the membership. Similarly, the appointed directors to the Board are
recruited through an open process in a three-to-one ratio following the elections in Summer and
Winter Games years and a Board skills analysis.
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London Office and Accessibility Plan update, new Chair appointment Virtual process, Approval of Conflicts of Interest Policy, Approval of Financial Regulations. In the interim period between the end of the reporting period and the publication of this Annual Report, there have been several changes to the Board membership. e After reaching the end of his second four-year term, Prof Nick Webborn CBE DL resigned from the Board on 31 March 2025. Dan Brooke was appointed to Chair the Board from 1 April 2025, following a competitive, open and publicly advertised recruitment process. e In addition, following an Election Meeting held on 15 May 2025, in line with the timings set out in the Articles of Association, three Directors resigned from the Board — Pippa Britton OBE, Graham Edmunds PLY, and Steve Ingham CBE. Fred Hargreaves OBE was re-elected for a second term, and three new Directors were elected: Mike Cavendish, Sophie Christiansen CBE PLY, and Tim Hollingsworth OBE. All recruitment and election activity was undertaken in line with the requirements of the Association’s articles, and the Code for Sports Governance. Since taking over as Chair in February 2017, Professor Nick Webborn CBE has devoted himself wholeheartedly to the advancement of the Paralympic movement and the growth and development of the British Paralympic Association both on and off the field of play. Nick expertly chartered the organisation through the challenges of Covid, advocated for and played a huge role in the development of the BPA’s social impact strategy launched in September 2024. He also pioneered the Athlete Community which exists to celebrate and connect every Paralympian who has ever represented ParalympicsGB since the inception of the movement. Nick has also contributed hugely to the Paralympic movement through his medical knowhow and leadership qualities, representing ParalympicsGB on the international stage as a longstanding member of the IPC Medical Committee and at EPC and IPC General Assemblies and associated engagements. The Board, Staff, Members and Athletes of the British Paralympic Association along with the wider sporting sector extend a huge thank you to Nick for his truly remarkable achievements over his tenure and Chair and wish him well for the future. OBJECTS, MISSION AND ACTIVITIES The British Paralympic Association’s (“ParalympicsGB”) Strategic Plan, ‘Championing Change’, covers the period 2022 — 2032 (copies available on ParalympicsGB’s website). ‘Championing Change’ presents the organisation’s long-term vision, mission, values and priorities for the decade that began with the Beijing 2022 Winter Paralympic Games and includes the Paris 2024, Milan-Cortina 2026, LA 2028, Winter 2030 and Brisbane 2032 Games. ParalympicsGB’s vision is “through sport, inspire a better world for disabled people’. The vision is driven by ParalympicsGB’s belief that, through the power and inspiration of the Paralympic Games, and the world class achievements of Paralympians, real change can be achieved in the perception of society as a whole and the way people individually think, feel and behave towards disabled people. The British Paralympic Association’s mission through to 2032 is “To enable world-leading performance at the Paralympic Games and to drive positive, sustainable change in UK society”. Our vision and mission therefore fit within the charitable objects set out in our Articles: |. To relieve people with physical, sensory, and learning disabilities by encouraging and facilitating their participation in sporting activities and assisting in the provision of training, facilities, and equipment for this purpose; and 5 # _**Strategic priority 1: Best Prepared Team.**_ # _**Strategic Priority 2. Social Impact**_ **----- Start of picture text -----**
THE BRITISH PARALYMPIC ASSOCIATION
TRUSTEES’ REPORT
FOR THE YEAR ENDED 31 MARCH 2025
With more of a focus on advocacy and campaigning athletes have been involved in issues that matter to
them. For example, three athletes supported MP Marie Tiddball on a campaign looking at inequalities in
maternity care and disabled people. Athletes Kelly Galagher, Jodie Grinham and Carly Tait spoke with
MPs and policymakers in Parliament and featured on Channel 4 news and a Channel 4 Dispatches
programme on the issue.
The campaign Equal Play launched on the eve of the Paralympic Games with a film aired on Channel 4
focusing on two young disabled people and their experience of participating in sport and PE in school.
Fronted by Paralympian Hannah Cockroft the film told the powerful impact of exclusion in schools. The
campaign also focused on what the solutions to this issue are and a policy paper was launched at the
Social Impact Reception at ParalympicsGB House in Paris during the Paralympic Games. The paper was
created with significant consultation with education experts and athletes and included four
recommendations for implementation. Attending the launch was Secretary of State for Culture, Media &
Sport, Lisa Nandy who pledged to make progress with those asks. The Prime Minister also pledged his
support and athletes returned to St Pancras station having signed an open letter addressed to him
demanding change.
The film was created with a disabled-led production team and has been shown at a number of film festivals
including winning Little Venice best short documentary and North East film festival as well as audience
winner at Uninterrupted Film Festival in LA.
A partnership between Team GB, ParalympicsGB, UK Sport and The National Lottery’s operator Allwyn
focused on helping athletes give back to the communities that have supported them on their return from
Paris, in a meaningful and authentic way. The initiative matched athletes to causes that reflect their
passions, in a local setting, near to where they were post the Games. 31 Paralympic athletes engaged in
the programme with ongoing connections from their work continuing.
Corporate partners for positive social change
With an increased focus on social impact several ParalympicsGB partners ran successful programmes
aligned to ParalympicsGB and their own impact aims. Three schools-focused programmes were delivered
with Aldi focused on healthy eating ‘Get Set to Eat Fresh’, with British Gas focused on environmental
sustainability and physical activity ‘Get Set for Positive Energy’ and a programme with Deloitte focused
on inclusive digital skills
Get Set to be a Digital Champion’.
Accessible programmes to empower more disabled people to become more active through sport.
Every Body Moves, the digital platform which supports disabled people to find opportunities for physical
activity in their area and creates a network of providers to share best practice was strengthen by the
opportunity to reach a large audience through the Paris Paralympic Games. Channel 4 included QR codes
throughout their Paralympic broadcast pointing to Every Body Moves which led to over 38,000
opportunities on the site and 83k new users.
Get Set Path to Paris, a Sport England and Spirit of 2012 funded schools programme focused on
increasing physical activity of 5—-11-year-olds and their families to become active, try new sports, learn
about the Olympic and Paralympic Movements and be rewarded and recognised for their efforts. It was
different to previous Games’ campaigns and included more local community-based activities incorporating
many more partnerships at a local level and targeted partners chosen to reach specific young people
audiences including importantly for ParalympicsGB disabled young people.
More than 1.7m people across the UK got active as a result of Path to Paris. For the first time in a Get
Set campaign there was a specific target of 40,000 disabled children getting active and incredibly over
90,000 disabled children got active because of the campaign.
Also in schools, ParalympicsGB, alongside the Premier League, partnered with BBC Teach to launch
Super Movers for Every Body. The campaign’s overall goal was to launch a new educational initiative
dedicated to supporting primary school teachers and parents to encourage their pupils and children to
actively participate in inclusive activities in PE and sport. The campaign included a free giveaway of over
6,500 sport equipment packs to UK primary schools by the end of the year and a comprehensive collection
of Paralympic sport teaching and learning resources on BBC Teach available free to all.
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THE BRITISH PARALYMPIC ASSOCIATION
TRUSTEES’ REPORT
FOR THE YEAR ENDED 31 MARCH 2025
Making it Happen
Public engagement - digital content, media and marketing
Paris was a huge opportunity to engage with the British public and with the same time zone media were
keen to cover the event. Large teams from TV rights holder Channel 4 who broadcast across the Games
including Last Leg, non-rights holders BBC, ITV, Sky and Channel 5 as well as 50 written media and 40
photographers attended the Games. This culminated in 9.98 billion opportunities to view (compared to
2.02 billion for Tokyo), Advertising Value Equivalency (AVE - estimating how much it would cost to buy
this kind of exposure) of £201m. These high numbers are in part linked to the time zone for Paris but also
our media engagement plan building up interest with media outlets, creating a good working environment
for media at ParalympicsGB House and supporting them at the venues supplying mixed zone quotes
quickly and updates via our news service.
Through comprehensive mixed channel approach focused on target audiences and included our
partnership with TikTok which included ad credits as well as support from TikTok team we reached
133.7m on our owned channels with a potential reach through non owned channels of 2.8billion during
the Games period.
E-comms to fans resulted in 17.5k subscribers and extremely positive open rates and click through rates.
We were delighted to receive the Sports Industry Award for Team of the Year.
Public Affairs
Paris also gave us the opportunity for strong engagement with new Government with visits by the Prime
Minister, Secretary of State for Culture, Media & Sport, Sport Minister and Disability Minister in Paris. All
Ministers met athletes and staff, attended sport, visited the Paralympic village and had specific
conversations about their policy portfolio. Attendance at post Paris events included a reception in the No
10 rose garden attended by the Prime Minister and Sport Minister. Attendance at the ParalympicsGB
Homecoming show in Birmingham with Sport Minister, Disability Minister as well as Birmingham based
Government Ministers Shabana Mahmood, Jess Phillips and Birmingham Metro Mayor.
Additionally, backbench cross party MPs also were shown around ParalympicsGB house and attended
the reception on final day pre-closing ceremony day hosted jointly with City of London at ParalympicsGB
House.
The Stakeholder guest programme for the Paris 2024 Games included around 80 people from across the
sport and disability sector which comprised a facilitated guest programme as well as access to
ParalympicsGB House, tickets, hotels and our two events for the wider programme.
The Duke and Duchess of Edinburgh also attended the Games in support of their patronage.
International Relations
The Future International Leadership Programme took place which included a final module in Paris with
senior representatives from across the movement as speakers including International Paralympic
Committee (IPC) Governing Board, International Federation Presidents and former athletes in
governance positions.
We hosted an International Relations reception at ParalympicsGB house attended by 110 people from
across the Paralympic movement. We also hosted the International Paralympic Committee Regional
Chairs at a breakfast at the British Embassy residence with regional chairs, IPC President Andrew
Parsons, Royal Patron and the Minister for Disabled People. Conversations focused on understanding
the breadth of experience from across the regions and how best to utilise those experiences to take the
movement forwards.
Penny Briscoe received the prestigious International leadership award as part of International Women’s
Day from the IPC recognising her significant impact on the movement internationally.
Commercial Success
The past 12 months sought to maximise the impact of the Paris 2024 Paralympic Games across
stakeholders, partners and donors and use the positive halo effect of the Games to kick start the plans
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for LA 2028. This included maximising our income through additional properties available to partners,
additional philanthropic activity as well as delivering successful partner activations in Paris and in the UK.
Being a summer Games year, there was an incredible amount of activity from corporate partners. Some
notable highlights included:
e Deloitte and The Mindscape: An immersive, accessibility first digital experience that allowed users
to step into the daily life of a Paralympian, including learning about resilience, inclusion and
allyship.
e TikTok delivered a bespoke content workshop for athletes to support their own personal brand
growth. They created behind-the-scenes moments at ParalympicsGB House in Paris and used
ParalympicsGB across a range of marketing materials.
e John West highlighted their ‘Eat Strong, Go Strong’ message with athletes, with each athlete also
receiving a special, personalised, ‘gold medal tin of fish.
e Ocean Outdoor hosted a fan zone at London’s Battersea Park with sports demonstrations and
activations from Allwyn, Aldi and TikTok.
e Bupacreated their ‘Picture of Health’ campaign which went on to win a number of industry awards.
e Eurostar created a ‘golden train’ and we were delighted with how their team supported the team’s
movements to and from Paris.
ParalympicsGB House was a huge success at the Games. Not only did it provide athletes and their friends
and family with a safe space to catch up, it also provided the media with a wonderful outlet to capture
content and ensure that the proximity of the Games meant a record breaking amount of coverage.
Corporately, the House provided a first-class events and hospitality space which partners and donors
enjoyed, as well as hosting a number of fun, interactive corporate activations.
Our first roll out of our reverse mentoring scheme as part of our Beyond the Podium programme was
completed during the year. It was hailed a huge success with CEOs and athlete mentors giving
resounding positive feedback. We look forward to building on the success of this programme with the
next iteration.
In philanthropy, we grew our network in the UK and internationally, sharing our vision for LA 2028 and our
social impact work - including the hugely successful Equal Play campaign and film, driving momentum for
inclusive school sport across the UK.
At Paris 2024, our donors and Parallel Club supporters roared our athletes to success and joined in with
the celebrations at ParalympicsGB House, our “home from home” for athletes, families, and supporters,
which also showcased our mission to guests from around the world. After the Games, we came together
with the Parallel Club and supporters at Fortnum & Mason to thank them for making our success possible.
This summer, we worked closely with Sport Relief and Comic Relief, whose generous support and
amplification helped extend our impact in communities nationwide. We also continued our work with the
David Ross Education Trust, with our athletes visiting its network of schools to inspire students, share
encouragement, and offer advice on pursuing their dreams.
Looking back at the Paris Summer games of 2024, we were delighted to deliver a fantastic Games time
experience for partners, stakeholders and donors which we trust will act as a springboard to catalyst
conversations around longer term investment for future cycles.
A High-Performing organisation.
ParalympicsGB is subject to the UK Sport/Sport England Code for Sports Governance and was initially
recognised by UK Sport as being Code compliant in December 2017. The organisation continues to be
fully committed to the highest standards of corporate governance, and adherence to the Code specifically,
and is actively focused on ensuring best practice within its governance more widely. Having taken
appropriate steps to maintain compliance with the revised Code requirements and to implement
recommendations made by UK Sport’s routine Finance and Governance Assurance review, full
compliance with the new or amended Code requirements was confirmed by UK Sport in May 2024 and
we continue to place a strong emphasis on maintaining high standards of corporate governance.
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THE BRITISH PARALYMPIC ASSOCIATION
TRUSTEES’ REPORT
FOR THE YEAR ENDED 31 MARCH 2025
Between October 2023 and March 2024, the Board undertook an externally facilitated evaluation of Board
effectiveness and a Board skills audit. The evaluation report was positive about the performance of, and
relationships between, the CEO, Chair, Board and Executive Team. It noted that the Board has developed
an ambitious strategy that is being driven by the Executive Team. The review also highlighted the positive
impact of open and frank conversation within the boardroom and identified that the organisation benefits
from the expertise of knowledgeable and dedicated directors. Recommendations were made regarding:
the need to ensure sufficient expertise around social impact, the benefits of improving the Board induction
process, and the need to increase the diversity of the Board — something already acknowledged within
our Inclusion, Diversity, Equity and Accessibility Plan. Further recommendations related to Board ways of
working (continuing to streamline Board papers, balance strategic and operational focus in Board
discussions, reviewing the formality of Board procedures, and reviewing the Board’s role in risk
management), stakeholder engagement, and reviewing the terms of reference for Board committees. We
made progress on all these recommendations during 2024/25 and further actions are scheduled post
year-end, including a membership stakeholder survey.
Our Championing Change strategy makes clear that we regard the recruitment, development and
motivation of excellent staff as being the essence of a high-performing organisation. Our progress and
ambition is set out in our People Plan, Champions of Change and is further supported by our Inclusion,
Diversity, Equity and Accessibility Plan, approved by Board in December 2023. Linked to both ambitions,
and following significant work by the organisation’s Inclusion, Diversity, Equity and Accessibility (IDEA)
group, we are extremely proud to have achieved Disability Confident Leader status.
We continued to improve our staff benefits package and to promote take-up of those benefits via a very
user-friendly portal and despite the financial constraints we work within, we were able to implement salary
reviews that were competitive compared to increases elsewhere in the sector.
We place strong emphasis on supporting mental health within ParalympicsGB. Recognising how
important it has become for our colleagues’ work-life balance and overall wellbeing, we have continued
our commitment to flexible working, offer all colleagues access to a comprehensive Employee Assistance
Programme, and have been proactive in identifying ways to ensure staff have a comfortable and safe
home-working environment. Around 20% of our staff have been trained as Mental Health Champions in
very thorough interactive workshops led by clinical psychologists. Those clinical psychologists and our
mental health champions are embedded within our wider Games team, thus ensuring all team members
have access to mental health support. During the Paris Games, we were proud to have a wellbeing and
mental health lead in all Games environments and dedicated wellbeing spaces for all members of our
expanded Games-time team to utilise.
We have continued to make further improvements to our recruitment processes to make them welcoming
and inclusive for disabled and neuro-diverse candidates. We are also grateful to the RNID for a very
informative all-staff session on supporting and working with people with hearing loss.
Our focus on Learning and Development, as is usually the Games in the year of a Summer Paralympic
Games, prioritised preparing staff for their roles during the Games, which can be very different to people’s
usual roles. Ahead of the Paris Games, managers and Heads of Functions experienced a professionally
facilitated programme of leadership development focused on Games-time roles.
More broadly, our offer of online coaching sessions with coaches from Coaching With Conscience
remains popular and highly-valued by colleagues.
Our Inclusion, Diversity, Equity and Accessibility (IDEA) group has focused on implementing the
organisation’s (IDEA) Plan following its approval by Board in July 2024. Commitment at the highest levels
of the organisation was announced by publicly sharing the Leadership Charter, signed by the Board and
the Executive Team. A full review of the first year of progress against the plan is published on
ParalympicsGB’s website. Although the data has yet to show significant change, a lot of tangible actions
have been taken, particularly to make our recruitment process more accessible and inclusive. A major
success during the year was securing Disability Confident Leader status after a rigorous external
assessment.
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# _**Financial**_ ## _**Income Review**_ _British Paralympic Enterprises Limited_ _British Paralympic Performance Services Limited_ _Risk_ ## _How we pay Staff_ ## _Fundraising_ ## _Reserves_ **----- Start of picture text -----**
e — Ensuring ParalympicsGB’s financial health and sustainability
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THE BRITISH PARALYMPIC ASSOCIATION
TRUSTEES’ REPORT
FOR THE YEAR ENDED 31 MARCH 2025
e We will continue to grow the Athlete Community database to recognise Paralympians past and
present, with a view to giving them the chance to engage in social impact campaigns and the
potential to link up with others with similar interests in the social change arena.
e With an eye on the Los Angeles Games in 2028, we will complete the registration of a US non-
profit organisation and make use of that to explore opportunities to generate income in the USA
as well as grow and develop the US philanthropic funding strategy.
e We will identify and work with external support to analyse our income potential from corporate
partnerships and then look to work in partnership with an agency to support the delivery of our
significant new partnership ambitions.
e Wewill use the Milan Cortina 2026 Games to continue to build positive relationships with our key
stakeholders, partners and donors, as well as use the Games to support our income generation
for LA 2028.
e Implementing our Inclusion, Diversity, Equity and Accessibility (IDEA) Action Plan will continue to
be a strong focus for us this year. The learnings and challenges in our most recent annual review
are publicly available on our website and will shape our work during 2025-2026.
e Wewill introduce a leadership development programme tailored for all levels of staff, to enhance
skills across the whole organisation. This programme will be in addition to role-specific, technical
learning and development.
e Our finance system is cumbersome, requires a lot of manual processes and has very limited
reporting capabilities. In 2025-2026, we will implement a new system that will speed up our
transaction processing and improve reporting across the organisation.
e All of this will need to be delivered within budgets that ensure we meet our reserves targets and
look ahead to ensure financial sustainability over the life of the strategy. We will regularly
reforecast income and expenditure and adjust our plans and associated spending commitments
if necessary to remain financially healthy.
EQUITY, INCLUSION, AND DIVERSITY
The British Paralympic Association is fully committed to equality of opportunity and is responsible for
ensuring that no employees, Board members, volunteers, supporters, participants, job applicants or
members are unlawfully discriminated against because of grounds of age, gender reassignment, religion
or belief, sex, sexual orientation, race, marriage and civil partnership, pregnancy and maternity, or
disability. This is reflected in ParalympicsGB’s Equity, Inclusion and Diversity Policy (available on our
website).
The Charity achieved Disability Confident Leader status in July 2024 and is committed to maintaining this
status. The award reflects the efforts made by the organisation over recent years to improve the
accessibility and inclusivity of our recruitment practices and provide appropriate development
opportunities, training and support to all staff. We will continue to prioritise the development and wellbeing
of our staff, seeking to ensure that ParalympicsGB is an inclusive and welcoming employer for disabled
people and other underrepresented groups.
In support of that goal, the Organisation’s Inclusion, Diversity, Equity and Accessibility (IDEA) plan was
approved by Board in December 2023. We were successful in securing UK Sports approval for the plan
in July 2024, fulfilling our obligation established by the Code for Sports Governance as a condition of UK
Sport investment. Though the plan is a requirement of the Code for Sports Governance, our commitment
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_Inclusion, Diversity, Equity, & Accessibility are central to ParalympicsGB’s vision and mission and support our intention to be a high-performing organisation._ ## _1. Inclusive, Welcoming Environment_ _We aspire to create a truly inclusive, welcoming environment where every member of our team and every stakeholder can thrive and where every individual feels that their contribution matters, regardless of their identity or background._ ## _2. Diverse Composition_ _We champion diversity in all its forms, and it is our ambition for the composition of our organisation to reflect the diversity of British society and the community we represent._ ## _3. Disability Confident_ _We are Disability Confident Committed, reflecting our particular passion for disability inclusion, and we are proud to have become a Disability Confident Leader in advance of the Paris 2024 Summer Paralympic Games._ ## _4. Confidence & Understanding_ _We want everyone within our organisation to feel confident in their understanding of diversity and inclusion issues and their ability to apply inclusive practices in their everyday work. ParalympicsGB is committed to providing the learning and development opportunities necessary to support this._ ## _5. Leading by Example_ _Our Board and Senior Leadership team are committed to leading by example, championing an inclusive approach to all areas of ParalympicsGB’s operations._ _We aim to achieve and maintain these goals as soon as possible and to be able to demonstrate a track record of success in this area by the end of the LA 2028 Summer Paralympic Games cycle._ ~~Ge~~ Gender -— | Female 61%; Male 39%; Other gender selfFemale 52%; Male 36%; Other gender selfStaff & | identification 0% identification 0%; Did Not Declare 11.5% Board ~~a~~ # ~~Re~~ TRUSTEES’ STATEMENT OF RESPONSIBILITIES The trustees (who are also directors of The British Paralympic Association for the purposes of company law) are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the group and of the incoming resources and application of resources, including the income and expenditure, of the group for that period. In preparing these financial statements, the trustees are required to: e select suitable accounting policies and then apply them consistently. e observe the methods and principles in the Charities SORP. e make judgments and accounting estimates that are reasonable and prudent. e state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and e prepare the financial statements on the going concern basis unless it is inappropriate to presume that the group will continue in business. The Trustees are responsible for keeping adequate accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and the Group and to enable them to ensure that the Financial Statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the group and for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees confirm that so far as they are aware, there is no relevant audit information of which the charity’s auditors are unaware. They have taken all the steps that they ought to have taken as trustees to make themselves aware of any relevant audit information and to establish that the charity’s auditors are aware of that information. The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. In preparing this report the directors have taken advantage of the exemptions available to small companies. By Order of the Board Dan Brooke Chair of Trustees Date 16/10/25 20 **----- Start of picture text -----**
INDEPENDENT AUDITORS’ REPORT TO THE MEMBERS OF THE BRITISH
PARALYMPIC ASSOCIATION
Opinion
We have audited the financial statements of The British Paralympic Association (‘the Group’) for the
year ended 31 March 2025 which comprise the Consolidated Statement of Financial Activities, the
Consolidated Balance Sheet, the Charitable Company Balance Sheet, the Consolidated Statement
of Cash Flows and the notes to the financial statements, including a summary of significant
accounting policies. The financial reporting framework that has been applied in their preparation is
applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard
102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom
Generally Accepted Accounting Practice)’.
In our opinion the financial statements:
e give a true and fair view of the state of the group and the charitable company’s affairs as at 31
March 2025 and of its incoming resources and application of resources, including its income
and expenditure, for the year then ended;
e have been properly prepared in accordance with United Kingdom Generally Accepted
Accounting Practice; and
e have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK))
and applicable law. Our responsibilities under those standards are further described in the Auditor's
responsibilities for the audit of the financial statements section of our report. We are independent of
the Group in accordance with the ethical requirements that are relevant to our audit of the financial
statements in the UK, including the Financial Reporting Council’s (FRC’s) Ethical Standard, and we
have fulfilled our other ethical responsibilities in accordance with these requirements. We believe
that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our
opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the trustees’ use of the going concern
basis of accounting in the preparation of the financial statement is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to
events or conditions that, individually or collectively, may cast significant doubt on the group or
parent charitable company’s ability to continue as a going concern for a period of at least twelve
months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are
described in the relevant sections of this report.
Other information
The other information comprises the information included in the trustees annual report, other than
the financial statements and our auditor’s report thereon. The trustees are responsible for the other
information contained within the annual report. Our opinion on the financial statements does not
cover the other information and, except to the extent otherwise explicitly stated in our report, we do
not express any form of assurance conclusion thereon. Our responsibility is to read the other
information and, in doing so, consider whether the other information is materially inconsistent with
the financial statements or our knowledge obtained in the course of the audit or otherwise appears
to be materially misstated. If we identify such material inconsistencies or apparent material
misstatements, we are required to determine whether this gives rise to a material misstatement in
the financial statements themselves. If, based on the work we have performed, we conclude that
there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
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INDEPENDENT AUDITORS’ REPORT TO THE MEMBERS OF THE BRITISH
PARALYMPIC ASSOCIATION
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
. the information given in the trustees' report (incorporating the directors’ report) for the
financial year for which the financial statements are prepared is consistent with the financial
statements; and
. the directors’ report has been prepared in accordance with applicable legal requirements.
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the Group and its environment obtained in the
course of the audit, we have not identified material misstatements in the Trustees Report.
We have nothing to report in respect of the following matters in relation to which the Companies Act
2006 requires us to report to you if, in our opinion:
e adequate accounting records have not been kept, or returns adequate for our audit have
not been received from branches not visited by us; or
e the financial statements are not in agreement with the accounting records and returns; or
e certain disclosures of directors’ remuneration specified by law are not made; or
e we have not received all the information and explanations we require for our audit; or
e the trustees were not entitled to prepare the financial statements in accordance with the
small companies’ regime and take advantage of the small companies’ exemption from the
requirement to prepare a strategic report.
Responsibilities of Trustees
As explained more fully in the trustees’ responsibilities statement, the trustees (who are also the
directors of the charitable company for the purposes of company law) are responsible for the
preparation of the financial statements and for being satisfied that they give a true and fair view, and
for such internal control as the trustees determine is necessary to enable the preparation of financial
statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the group’s ability
to continue as a going concern, disclosing, as applicable, matters related to going concern and using
the going concern basis of accounting unless the trustees either intend to liquidate the charitable
company or to cease operations, or have no realistic alternative but to do so.
Auditor's responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a
whole are free from material misstatement, 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, but is not a
guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material
misstatement when it exists. Misstatements can arise from fraud or error and are considered material
if, individually or in the aggregate, they could reasonably be expected to influence the economic
decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design
procedures in line with our responsibilities, outlined above, to detect material misstatements in
respect of irregularities, including fraud. The extent to which our procedures are capable of detecting
irregularities, including fraud is detailed below:
We gained an understanding of the legal and regulatory framework applicable to the Group and the
sector in which it operates and considered the risk of the Group not complying with the applicable
laws and regulations including fraud in particular those that could have a material impact on the
financial statements. This included those regulations directly related to the financial statements,
including financial reporting and tax legislation. In relation to the operations of the Group and parent
this included compliance with the Companies Act 2006, Charities Act 2011, Charities Commission
and SORP 2019.
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# 22 October 2025 CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 INCOPORATING INCOME AND EXPENDITURE ACCOUNT Unrestricted Restricted Total Total Note Funds Funds 2025 2024 £ £ £ £ Incoming Resources Income: **----- Start of picture text -----**
Donations and legacies 502,831 1,795,707 2,298,538 3,068,314
Charitable activities 109,787 - 109,787 79,237
Other trading activities 7,480,126 - 7,480,126 5,305,769
Investment income 3 240,261 - 240,261 267,142
Total income 8,333,005 1,795,707 10,128,712 8,720,462
Expenditure:
Raising funds 4 (1,429,731) (187,677) (1,617,408) (2,545,522)
Charitable activities 5 (7,989,859) (1,764,363) (9,754,222) (5,132,184)
Total expenditure (9,419,590) (1,952,040) (11,371,630) (7,677,706)
Net income (1,086,585) (156,333) (1,242,918) 1,042,756
Transfers between funds - - - -
Net movement in funds 9 (1,086,585) (156,333) (1,242,918) 1,042,756
Reconciliation of funds
Fund Balances Brought Forward at
1 April 2024 6,920,829 218,007 7,138,836 6,096,080
Funds Balances Carried Forward at
31 March 2025 5,834,244 61,674 5,895,918 7,138,836
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The Statement of Financial Activities includes all gains and losses in the year. All of the above amounts relate to continuing activities 24 BALANCE SHEETS AT 31 MARCH 2025 **----- Start of picture text -----**
Group Company
Note 2025 2024 2025 2024
£ £ £ £
FIXED ASSETS
Tangible Fixed Assets 11 31,567 32,160 31,567 32,160
Intangible Fixed Assets 12 10,316 23,386 1,613 3,316
Investment in Subsidiaries 13 - - 6 6
41,883 55,546 33,186 35,482
CURRENT ASSETS
Debtors 14 1,765,388 2,775,130 521,783 969,236
Cash at Bank and in Hand 5,680,859 8,347,476 4,044,374 6,022,264
7,446,247 11,122,606 4,566,157 6,991,500
CREDITORS — Amounts
Falling Due Within One Year 15 (1,592,212) (4,039,316) (3,129,860) (3,699,422)
NET CURRENT ASSETS 5,854,035 7,083,290 1,436,297 3,292,078
NET ASSETS 5,895,918 7,138,836 1,469,483 3,327,560
FUNDS
Restricted Income Funds 18 61,674 218,007 61,674 218,007
Unrestricted Funds 5,834,244 6,920,829 1,407,809 3,109,553
Total Charity Funds 19 5,895,918 7,138,836 1,469,483 3,327,560
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These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime. These Financial Statements were approved and authorised for issue by the Board of Trustees on and signed on its behalf by: oe eer rere Chair of Trustees 16/10/25 Company Registration: 02370578 Charity registration number: 802385 25 **----- Start of picture text -----**
Net cash generated from operating activities
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Net cash used in investing activities 226,684 254,685
Change in cash and cash equivalents in the reporting period (2,666,617) 345,553
Cash and cash equivalents at 1 April 8,347,476 8,001,923
Cash and cash equivalents at 31 March ___5,680,859. ___8,347,476
_
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___ 5,680,859 _
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___ 5,680,859 _
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## _Donations and legacies_ ## _Charitable activities_ ## _Other trading_ ## _Investment income_ ## _Costs of generating funds_ ## _Charitable activities_ ## _Governance costs_ ## _Support costs_ ## _Unrestricted funds_ ## _Restricted funds_ **----- Start of picture text -----**
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
1.16 Holiday Pay Accrual
A liability is recognised to the extent of any unused pay entitlement which is accrued at the Balance
Sheet date and carried forward to future periods. This is measured at the undiscounted salary cost
of the future holiday entitlement accrued at the Balance Sheet date.
1.17 Foreign Currencies
The transactions of the charity denominated in foreign currencies are translated into sterling at the
date of the transaction. Amounts receivable and payable in foreign currencies at the balance sheet
date are translated at rates ruling at that date. The translation differences are included in the
Statement of Financial Activities.
1.18 VAT
Income and expenditure is stated net of VAT to the extent that it is recoverable
2 Value in Kind Facilities and Services
Value in Kind facilities and services is included within incoming resources. Equivalent amounts
within resources expended are accounted for in communications costs, legal costs, and planning,
preparation and performance at Paralympic Games costs.
The total value of these goods and services is assessed at £2,630,663 (2024: £1,355,924).
3 Investment Income
All of the group’s investment income arises from interest bearing deposit accounts, and short term
deposits placed with HSBC.
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30
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NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 4 Costs of Generating Funds Unrestricted Restricted Total Total Funds Funds 2025 2024 £ £ £ £ 38,373 187,677 226,050 458,090 71,493 - 71,493 946,050 558,322 - 558,322 513,477 204,315 - 204,315 304,287 872,503 187,677 1,060,180 2,221,904 6 557,228 - 557,228 323,618 1,429,731 187,677 1,617,408 2,545,522 were restricted. Unrestricted Restricted Total Total Funds Funds 2025 2024 £ £ £ £ 5,711,873 1,539,567 7,251,440 2,826,312 1,172,366 200,532 1,372,898 1,443,276 (2,826) 24,264 21,438 21,931 6,881,413 1,764,363 8,645,776 4,291,519 3) 1,108,446 - 1,108,446 840,665 7,989,859 1,764,363 9,754,222 5,132,184 Fundraising costs Communications costs Salaries and National Insurance Commercial support and activation Support costs In 2024, £20,000 of the costs of generating funds 5 Direct Charitable Expenditure Planning, preparation and performance at Paralympic Games Activities to promote social change regarding disability International representation Support costs In 2024, £1,312,291 of the Direct Charitable Activities were restricted. 31 > :BSAGBLSSSSNS So o-~sto 88%[$8828] eroe ZOBRw 2 S836SBSRS8Ss—-gegersOo ESBS[BBLS] - e8 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 7 Results From Trading Activities of Subsidiaries The group consists of the parent undertaking, the British Paralympic Association, and its subsidiary undertakings, British Paralympic Enterprises Limited (BPE), British Paralympic Performance Services Limited (BPPS), and Paralympic World Cup Limited (PWC). BPE, BPPS, and PWC are wholly owned subsidiaries. PWC was dormant in this and the previous year. Both British Paralympic Enterprises Limited and British Paralympic Performance Services Limited Gift Aid their taxable profits to the British Paralympic Association. All activities have been consolidated on a line by line basis. British Paralympic Enterprises Limited The Company’s principal activity is sports administration and trading; subsidiary is shown below: a summary of the results of this 2025 2024 £ £ 7,337,095 5,347,469 (2,979,978) (1,272,787) 4,357,117 4,074,682 69,316 74,975 Turnover Direct Cost and Administrative Expenses Operating Profit Interest Receivable Profit on Ordinary Activities after Taxation 4,426,433 3,811,273 The aggregate of the assets, liabilities and funds was: Assets Liabilities 2025 2024 £ £ 5,601,621 6,963,040 (1,175,186) (3,151,765) 4,426,435 3,811,275 Funds: Share Capital Profit and Loss Account 2 2 4,426,433 3,811,273 4,426,435 3,811,275 30 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 7 Results From Trading Activities of Subsidiaries (Continued) British Paralympic Performance Services Limited The Company’s principal activity is to provide performance services to Paralympic athletes and their sports and/or disability organisations. A summary of the results of this subsidiary is shown below: 2025 2024 £ £ Income 1,459,135 855,364 Expenditure (1,459,135) (855,364) Gross Profit - - Administrative Expenses (1,928) (3,387) Operating Result (1,928) (3,387) Interest Receivable 1,928 3,387 Taxation on Surplus on Ordinary Activities - - Profit on Ordinary Activities after Taxation - - The aggregate of the the assets, liabilities and funds was: 2025 2024 £ £ Assets 304,580 182,965 Liabilities (304,578) (182,965) 2 2 Funds: Share Capital 2 2 Profit and Loss Account - - 2 2 The aggregate of the the assets, liabilities and funds was: 31 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 8 Staff Costs, Directors’ Remuneration and Trustees Reimbursed Expenses None of the Trustees/directors received any emoluments in respect of their services to the Charity, (2024: ENil). Six (2024: Eight) Trustees/directors were reimbursed travel and subsistence expenses incurred in attending meetings and representing the Company, which in aggregate amounted to £8,396 (2024: £4,843). 2025 2024 £ £ Gross Salaries 2,989,235 2,447,987 Employers’ National Insurance 264,443 250,633 Pension - Defined Contribution 145,981 140,373 2,999,659 2,838,993 number of employees employees who earned £60,000 per annum annum or more (including taxable employer pension contributions) during the year was was as follows: 2025 2024 £60,001 - £70,000 3 5 £70,001 - £80,000 5 2 £80,001 - £90,000 2 2 £90,001 - £100,000 - 2 £100,001 - £110,000 3 1 £110,001 - £120,000 2 - £140,001 - £150,000 - 1 £170,001 - £180,000 1 - 16 13 key management personnel comprise six executive team members and the total defined benefit pension contributions paid in the year was was £706,058 (2024: average number of employees employees during the year analysed by function function was: 2025 2024 No. No. Charitable Activities 40 39 Cost of Generating Funds 10 10 50 49 The number of employees employees who earned £60,000 per annum annum or more (including taxable benefits but excluding employer pension contributions) during the year was was as follows: The key management personnel comprise six executive team members and the total remuneration, benefits and defined benefit pension contributions paid in the year was was £706,058 (2024: £619,606). The average number of employees employees during the year analysed by function function was: 32 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 9 NET MOVEMENT IN FUNDS Net movement in funds is arrived at after charging: 2025 2024 £ £ Depreciation of tangible fixed assets 27,240 46,217 Foreign exchange loss 17,656 29,838 Auditors’ remuneration 29,941 24,677 The consolidated Statement of Financial Activities is for the Group as a whole. The figures below are the equivalent figures for the Charity only, excluding other Group companies: a. Charity only incoming resources for the year ended 31 March 2025 were £1,261,238 (2024: £2,439,266) excluding donations from subsidiaries. b. Charity only net decrease in funds for the year was £1,858,077 (2024: £181,851). 10 TAXATION No corporation tax is payable as the Association is a registered charity. included in the subsidiary accounts (2024: £ Nil). charity. A corporation tax liability of £Nil is Fixtures, Fittings and Equipment Group Company £ £ 129,917 129,917 13,577 13,577 11 TANGIBLE FIXED ASSETS Cost £ £ At1 April 2024 129,917 129,917 Additions 13,577 13,577 Disposals At 31 March 2025 143,494 143,494 Depreciation At 1 April 2024 97,757 97,757 Charge for the Year 14,170 14,170 Eliminated on disposal At 31 March 2025 111,927 111,927 Net Book Value At 31 March 2025 31,567 31,567 At 31 March 2024 32,160 32,160 All fixed assets of the company are used for charitable purposes. 33 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 12 INTANGIBLE FIXED ASSETS Group Company Cost £ £ At 1 April 2024 404,777 182,580 Additions - - Disposals - - At 31 March 2025 404,777 182,580 Depreciation At 1 April 2024 381,391 179,264 Charge for the Year 13,070 1,703 Eliminated on disposal - - At 31 March 2025 394,461 180,967 Net Book Value At 31 March 2025 10,316 1,613 At 31 March 2024 23,386 3,316 fixed assets of the the company are used for charitable purposes. INVESTMENT IN SUBSIDIARIES Company Company 2025 2024 £ £ British Paralympic Enterprises Limited 2 2 British Paralympic Performance Services Limited 2 2 Paralympic World Cup 2 2 € € All fixed assets of the the company are used for charitable purposes. 13 INVESTMENT IN SUBSIDIARIES The Association has three wholly owned subsidiaries, British Paralympic Enterprises Limited — company number 3008516, British Paralympic Performance Services Limited — company number 4577740, and Paralympic World Cup — company number 5362068. All companies were incorporated in Great Britain. 34 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 14 DEBTORS Amounts Due from Group Companies Prepayments and Accrued Income Sundry Debtors Trade Debtors 15 CREDITORS Amounts Falling Due Within One Year Amounts due to group companies Accruals and deferred income Trade creditors Other taxes and social security costs Movement on Deferred Grant Income At 1 April Released to SOFA in the year Deferred in the current period Group Company 2025 2024 2025 2024 £ £ £ £ - - 263,181 81,291 1,726,547 2,280,664 223,961 663,485 162 3,357 162 3,355 38,679 491,109 34,479 221,105 1,765,388 2,775,130 521,783 969,236 Group Company 2025 2024 2025 2024 £ £ £ £ - - 2,754,231 2,888,545 1,408,008 3,496,920 194,521 298,077 165,244 437,533 162,148 407,937 18,960 104,863 18,960 104,863 1,592,212 4,039,316 3,129,860 3,699,422 75,479 121,835 - - (75,479) (121,835) - - 56,935 75,479 24,094 - 56,935 75,479 24,094 - 35 _Lease Payments_ # e = An individual donor provided £200k to fund the awards campaign including Oscars & BAFTAs of a NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 19 ANALYSIS OF GROUP NET ASSETS BETWEEN FUNDS Unrestricted Restricted Total Funds Funds Funds £ £ £ 41,883 - 41,883 7,384,573 61,674 7,446,247 (1,592,212) - (1,592,212) 5,834,244 61,674 5,895,918 in 2024 are as follows: Unrestricted Restricted Total Funds Funds Funds £ £ £ 55,546 - 55,546 10,700,874 218,007 10,918,881 (3,835,591) - (3,835,591) 6,920,829 218,007 7,138,836 Fund Balances at 31 March 2025 are represented by: Fixed Assets Current Assets Current Liabilities Total Net Assets 20 COMPARATIVE FIGURES FOR ALL FUNDS The comparatives for both the Unrestricted and Restricted Funds in 2024 are as follows: Fund Balances at 31 March 2024 are represented by: Fixed Assets Current Assets Current Liabilities Total Net Assets 21 RELATED PARTY TRANSACTIONS The balance due by the British Paralympic Association to British Paralympic Enterprises at 31 March 2025 was £2,754,231 (2024: £2,888,546). The balance due by the British Paralympic Association to the Paralympic World Cup Limited at 31 March 2025 was £0 (2024: ENil). Amounts owed to the British Paralympic Association by the British Paralympic Performance Services Limited were £263,181 (2024: £81,291). The British Paralympic Association has a joint venture company with the British Olympic Association, “2016 Crest Holding Limited” (2016CHL), a company limited by guarantee. The liability of each of the organisations is limited to £10. The company holds the rights to the crest that featured on the kit for the 2016 Rio Paralympic Games (and which has the potential to feature on future kit, depending on creative decisions). The activities of 2016CHL have not been consolidated. The balance owed to the British Paralympic Association by the British Olympic Association was £3,946 (2024: (£32,514)). 38 **----- Start of picture text -----**
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
22 DONATIONS FROM TRUSTEES
The aggregate value of donations received from Trustees in the year was ENil (2024: ENil).
23 SHARE CAPITAL
The Company is limited by guarantee and has no share capital.
The 35 (2024: 35) voting members of the Company have undertaken to contribute an amount not exceeding
£10 each to the assets of the Company in the event of it being wound up.
24 CONTROLLING PARTY
The Company is under the control of its voting members.
39
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