WILLIAM WILSON WILLI￿A￿lLsoN c*art*r¢oAccouniants Shty• F T18 9HX +44 1012895920240 wwo¢¢ounMnCy.￿m Sport Changes Life Foundation Report and Accounts 31 March 2022 Company Registration Number.. N1611158 Charity Registration Number. 103044 SPORT CHANGES UFE: Sport Changes Life Foundatlon Report and accounts for Ihe year ended 31 March 2022 Contents Pag¢ TNstees' Annual Report 8tat¢m•nt of dre¢tors' re5ponslbllltl•s Independent Examln•rfs Rop¢rt Fund$ soi•m•nt&". Statement of Financial Activth8s *vements in funds 19 21 23 25 In￿￿e and EypeThJiture 4ccwnt 26 Balance sh••t 27 Not•s to thè aetounts Sport Changes Life Foundation Company Registratson Numter.. N1611158 Trustees. Annual Report for the year ended 31 March 2022 The Twstees p￿sent their Report and Acwunts for the year ended 31 March 2022, vthich also corn￿$t5 the Direct(Ks' Re￿t iequir8d by the Companie5 Act20C6 Reference and administrative details rhe Charlty n•me The legal name of the charty is:_ Sport Changes Life Foundation. The charity is also known by its operating name. Sport Changes Lrfe_ The charity* areas operatlon and UK ¢hanTtable reglstratlon The charity is registered in Northem Ireland with the Charity Commission in Northern Ireland ICCNII wth chayty number 103044. The charity does not operate in any overseas jurisdicticffls. Legal stnKture of the ¢harlty The Charity is constituted as 8 company fimited by guarantee, reglslered under the Companies Aots - The governing document of the charity is the Memorandum and Articles of Association establishing the wmpony under company legislatDn. There are no restri¢th)n8 in the governing documents on the operati¢Jn of the Charty or on its investment powers other than those imposed by Charity Law. By Operati(￿ of law all, trustees are directors under the Compan*s Act 20[￿ and all directors are Iru5tees under Chari*es legislation and have responsibilities, as such, under both company and chanty legislation. The trustees are all individuals. Th• principal operatlng address, tdephone number. email and web addresse$ of the charity The SclK)oI 78 Mersey Street. Bewast Northern Ireland. BT4 1EY Telephone 02890 454964 Email Address info@sportchangeslrfe.com Web address www.sportchangeslife.com The registered office of the charity for Compantes Act PUlP08es 18 the 88me as the operating address shown above. Sport Changes Life Foundation Compgny Registration Nurnber". N1611158 Trustees. Annual Report for the year ended 31 March 2022 The Trustees in office on the date the report was approved were:. Dr D Brennan Mr A J Gibson Mr M J Marais Mr N Mccullough Mrs J McNeill MrA T Roknnson Dr S Tham)aralnam Ms C Walerworth Mr A Larkin Thè following persons served as Trustees during th• year ended 31 March 2022 :. The InJ8tees who served as a trustee in the reporting period were as shown above, and there were no changes during the year. or in the penod behveen the ￿ar end and the approval of the accounts. All the trustees are also membets of the charity. Objeth and activitie5 01 the charity rhe purposes of the charfty as Set out In Its govemlng document The charitys objects I'objects.) are specrfically re8tn.cted to the advancement of educat¢on and to promote capacrty building among young people from socially and economically disadvantaged communities Ihereinafter ¢alled the'beneficSaries"l in Norlhem Ireland and ils enwrons in the Republic of Ireland Iherebnafter called the area of'benefif) wthout distinction ol age, gender. sexual orientation, disability. race. ethnic orjgin, Pol￿"¢al. religious or other Opinic￿ by associating the statutory 8Uthorilies, voluntary organisations,academic institutions and the benefi￿arleS in the area of benefit in a common effort through Sp￿t, education and olher recreational actNilies to devek)p their physical fitness. mental and emotional capacibes so that they rnay grow to fvll maturity as individual$ and citizens and that their conditions of lile may be imwove¢J and ancillary to this.. al to provide or make arrangements for the provisi{￿ and co-ordination of volunteers from the United States to work within the area of benefit to support the work of the chanty with the added benefit that such volunteers shall be emp¢)wered and molivate¢J to work in and devel￿ community pr¢ydrammes in the United States on their return,. b) to enable. assist and encourage the educatson of volunteers in leadership, coaching and organisatrjn of sport and physical ￿creatiOn for the benefit of the beneficiaries-, Sport Changos Lrf• Foundation Company Registrati￿ Nurnter N1611158 Trustees. Annual Report for the year ended 31 March 2022 ¢1 educate the beneficlaries lo encourage them to follow a m￿e aGtive and healthier Thfestyle. to grow their confidence and raise their aspirab"ons- dl develw young leaders wlhin the beneficiaries through integration and togetherness arwj buikl ornmunrty nvolvemenl lo ensure long-term sustainability. and el to advance any other exclusively charitable purpose as the dire¢lots may, from time lo lime. decide in accordance wlh the law of charty. Th• main a¢tivl¢le$ undertaken in relation to t1￿* puftpos05 during the year Programma aims are.. -To engage with disadvantsged young ￿Ople and offer them an 8ltematSve to anti-social behaV￿ur and offending and stop the cyde of a lifetime in the criminal justice system. -To raise the aspiratiC￿ of young people to reach their full potential and become the bestthal they are ¢>pable of bec￿ning and support them on their journey lo ultimately gaining and sustaining employment. -Improve lifestyles and health aThJ well-being in both young and old. Sport Changes Life have been developing ath've ageing Pfogramme8 devel¢¥ing acb.ve lrfestyes and lakino them 8way from loneliness. -Programmc rcgults for the p88t ye8r have been attached, 3upporb.ng participation and numbers. The maln a¢tfvitses undertakeft during the year to further tha charityspurpose for the publlc benefit Swt Changes Life Foundats'on is more than a programme. il is a means by which we can help mentor young people, engage and signpost them lo exisling agencies and organisabons and create a bridge to enable them to take hold of their I￿e$. 11 does riot seek lo duplicate any exi51ing provision. bul to complement and work in partnership. The chartty proposes lo actively promote and engage in a range of community projects incorporating sN)rt, good relats.ons and an interactive multimedia design IIMDI curriculum designed to r8i8e their lrfe aspirations and improve their.. - -motivation. attitude, self4onfKJence and belief -Personal development -Team working sk]'Ils -Leadership Skills and active citizenship skills Sport Chang8s Lrfe Foundation Cornpany Regi5trat%m NurnEer. N1611158 Trustses. Annual Report for the year ended 31 March 2022 The charfty provldes advice, support and guidance for young peopkg in community groups. schc#)Is arml col*es through such mean5 as." -Outrea¢h 8port8 coachiw $e8sion8 uslng Sports mentors and Victory Scholars -Face to face support for young people wth Sports mentors and Victory S¢￿￿18r$ -ProvBion of resources to actess training and support programmes Those who tenefit from our activity include.. -Indivhlual young people -The community and ¢ommunity gr(yJp8 -schools, colleges. universitie5 -Empbyers -US univer81ty 8ludents- Vlctory Scholars -Employers Beknv are some of the organisalions Sport Changes Lrfe has worked with to deliver services to young people. -The Executive Office -Anlrim & Newtownabbey Borough Council -Summerhill Foundation -Department of Justice -Ulsler University -youth Justice Agency -The Princes Trust -NE College of FHE -FASA -Jobs and benefits off￿e -schools -Housiro Associations -Probati(m Board Nl -Comrnunty Groups -PSNI -Legal Advisors Sport Changes Life Foundation ComF4ny Registration Number N1611158 Trustees. Annual Report for the year ended 31 March 2022 Sport Changes Life engages youth who are not in educalKJn, employrnenl of trainlrYJ through positive actiwties designed to increase confidence. raise aspiiations and offer pastoral care and support_ Selected joinlty by community groups and the PSNI. many young people wll iEnefrt from our eHoops programme. Improving their team Working skills, leadership skills, active citizenship skills and self*steem. This is achieved through bespoke ourriculums that enable the team to deliver accredrted qualificalic4)8 for the professlonal development of ￿ng people. Through our Victory Scholar Programme, Sport Changes Life gives US collegiate $cholar- alhlele5 from dwerse socio-economic backgrounds the opportunity lo pursue advanced study in graduate programmes al universf(ies across the i51￿d of Ireland while conb'nuing lo play their 5POrt, coaching and mentoing young people in neighbouring local communities and gaining valuablfj work4ife exFerien￿ through inlemships. partr)erships and friendships, ujltural exchange and enrichment. In order to achieve this, programmes are developed to meet the needs of young people, tailored to each group. The key to the success of the pfogramme is the time committed to the engagement of groups facilitates the opportunity for Swt Changes Life to'tailov prc¥Jrammes to meet the specffic needs of the group they are working with. We fimity belleve that through our programmes, we are fulfilling our aim lo raise the aspirations of young people through sporb'ng excellenee. vocational antl academ￿ achievement and personal devekjpmenl. The trustees have had regard lo the Charrty CommissK)n's guidance on publtc benefit In managing the activihes of the charity. The short temi andlongertenn aims and oblectlves To establish the Sport Changes Life Foundation as a leading provKler of sport-led personal development support for young p8)ple and older adulls in Northem Ireland. To develop 8UStainable funding streams ¢0 support the long-*rm delNery of our wogramme6. To contlnue to buikj partnerships with key stskeholders in the communty, indthjing local councils. schools, and bu8inesse8. To expand our pr￿jramme$ to reach mcfe disadvantaged communrties and indtviduals. To measure and evaluate the impact of our Pfogrammes to ensuro that we are makiNJ a posrtive difference in the lives of the individuals we serve. Sport Changas Life Foundation Cornpany Re￿'stratIon NuM￿r N1611158 Trustses. Annual Report for the year ended 31 March 2022 How the activit￿ undertaken during the year contributed to the achiwement of the aims and objectives The current programmes portfolio is designed lo establish the Sport Changes Life Foundation as a leading provrtler of sport-led personal development support for young people and older adults in Northem Ireland. Continuously seeking for sustainable funding streams will support the lorrfJ-term delivery of our programmes, and our current partnerships wth key stskeholders in the wider community has enabled us lo expand our reach to more underserved communib'es and individuals. Measuring and evaluating the impact of our programmes which wll ensure that we are makbng positive drffer8n¢e in the lives of the individuals we serve. The delivery statistics for the year are ¢(￿taIned in Ihe Section of the rep¢)rt entitled Yhe difference the charivs perfomiance during the year has made to the beneficiaries of the charity,. Tho main achlevements and performance of the charfty durlng the year Vlct¢)ry Schola Sw1 Changes Life brings s￿rt and education together in ￿Uth development programs that inspwe young people lo create a better future for themselves. Our Victory Scholar PTogiamme 18 a unique and empowering opportunity for American NCAA studenl athletes to extend their education to post graduate level whilst helpir¥J us deliver innovative and inspirational youth development programmes.These programmes motivate and inspire young people living in local communilies lo look lo a brighter future. Our Scholars also get the opportunity to continue to pLay their sport they love. Our ksl academic intake120211221 had seen our Sport Changes Lrfe family welcomed 11 Victory Scholars to our programme. spread across 7 different universities in Ireland. Wlih our Victory Schokr alUMr￿ nehvork. boasting 178 student- athletes, our Sport Changes Life famity continu&s to grow allowiNJ lo help continuc to montor and suppurt rrtoro yO￿g poopl acro$8 the island of Ireland.The Victory scholarship prograwnme, works in partnership wth UniversitEs throughout Ireland, North and South, supporting Youth Engagement Programmes daity. The victory scholarship programme brings sporting role models, usually college baskett)all players, to Northern Ireland to study lor a Maslerfs degree and work wlh disadvant&Jed young people. SCL uses Victory Scholars as a calatysl for change in the parti¢ipanls' h've8. As a foundats.on we were proud to have persisted with the prcoramme in loht of the ongolng Covld- 19 pandemic and although at tbmes proved chaI￿ngIng. we successfulty managed and co- ordinated 11 deservng student-alhletes to a lffe changiro expereince in Ireland ove the last aGademio year. Sport Changos Life Foundation Company Registration Num￿r-. Nl611158 Trustees, Annual Report for the year ended 31 March 2022 eHoops The objective of the eHocps Yoirth Engagement Programme is to acts'vate a collaboratNe aTr innovative approach to address the issue of disengaged young people with Multip￿ barrier5 10 educati¢￿. employment and Iraining. We ran 2 x 24 eHoops sports development programmes in North and Wesl Bewasl funded by The Executive Office and 1 x 12 programme fundedn by the Department of Cornmunilie$ with young people in care from across greater Belfast and proved lo be successful in integrating young people from different backgrounds using Sport as a tcol. The programmes enabled 32 young people to achieve OCN level I qualificats.ons in good relatiorts and 17 young people in care to have the same opportunty as others to participate in community based initiatives_ The success of the pr(orammes can be attributed to the use of sports a8 a common grtyjnd lo bring young peopk from different communities together, promoting team spirit, C￿Perats0n and healthy competition all under the guidance of our team of sw)rt mentors. The proJramme5 prowded a safe and inclusive enwronment for young people lo learn and soctalise, fosterirg good relations and understanding among the pattripants. The OCN level 1 qualifications in good relali¢)ns further enhanced Ihe participants, skilb and knowledge in buihdiThJ po$i*'ve relab"onships with people from different backgiounds. These qUaIrf￿atIOns be used to enhance the participants. empbyabilty * personal development opportunities. Overall. the 3 prc4Jrammes have been a positive example of how sport can be us&J to promote social induslon. dlver8(ty and understanding among young people from different backgrounds_ Edu¢allonal Hubs We have not ran our educational hubs this year as we concentrated rolling out the Honour Roll Programme which Can include extra curricular activitv. Sport Changes Lifo Foundation Company Regts1ratm￿ Number. N1611158 Trustees. Annual Report for the year ended 31 March 2022 Actlve Ageing Programme The Actlve Ageing Prcgramme has shown steady growth over the last 12 months, expanding its operations to cover four different sites in the Antrim and Newtownabbey Borough Council area and an addrtional site in Belfast with Jigsaw Nl. The programme ¢t￿tsnueS to utilise sport and physical activty to help individuals become more active, establish social connections, and enjoy the numerous physical and mental tenefils of regular exerclse. The programme's success can be attributed lo its ability lo offer bespoke exerctse classes. and variety of sports aclivilie8 that Cater lo the ne￿5 tsf older indiwduals wth drffering ability levels. The Aclwe Ageing Programme provhles participants with opportunilies to leain new 8kilLs, engage wth otheis, and parti(#pate in phyEical 8Ctwty in a safe and supportwe enVIr￿menL Our team of Sport Mentors act as a valuable resource lo leh sessions by becoming a freindly face lo some participants who m4y not see another family relats.ve or friend until the next session. FurthermoTe the programme has allowed older adults to connect wrth the world again as we navKJate away fr the Cowd-19 pandemic. We have decided not to return lo nursing homes until a time it presents itself safer to do so. As a result of the prtrjramme's growth, the foundation has been able lo a$sisl more older adults in improving their health and well-being, as well as their qualty of life. The initiative has also enabled individuals to build social connections. which has resuKed in a sense of community and belonglng. Sport Changes Lile Foundatlon Company Registrathon Number.. N1611158 Trustees. Annual Report for the year ended 31 March 2022 Future 4 one to one mentoring programme Staff have pul together a 24 week online mentoring programme for young peO￿e that wll support and guide young people through life issues and U￿matety the impact of on physical and mental health. This will be a revamp of the Future 4 programme and aligns closely lo its and purpose of creating a positive pathway to a biighter luture for young people. It is a mentoring programme of 24 weeks where young people aged 16-30 can be connected wilh our team of experienced mentors lo help them rai$e Iheir aspiralKJns, increase their ¢onfidence, overcome any issues they may be experiencing and to work towards their goals. This work has L*en sUPPOrted by St. James Place Foundation. At the end of Ihis year the team have iEen explcfrng ways to improve the serwce and complete journey pathways by offering employmenl opportunib"e$ and training lo help our young people be in a better mindset to take up employment opportunities. By providing young people wth one-to-one mentoring we are helping them achieve their full potential and believe this is an effective approach to helpirvJ young people overcome ￿$tacleS and achieve success in their lives. The Future 4 programme ¢onlinues to prowde a safe and supportive environment for Y￿n9 people to learn and grow. Our swrt mentors offer guKlance and support in a non-judgmental way, helping young people devekjp the skills and confiderKe needed to succeed. In 21122. 67 young people have reported that the programme has helpÈd them develop new skilis. set goals, and overcome ¢hallerwJes to having a sense ol purpose. The mentoring programme is still based around 5 phases of." o Hope o Resilience o Posluvlty o Success o Future Sport Changes Life Foundatlon Company Registration Numter.. N1611158 Trustees. Annual Report for the year ended 31 March 2022 Honour Roll Programme Over the past 12 months, we have been running the Honour Roll prcrfJramme in 23 primary schools in Northern Ireland aimed al supporting P7 pupils through their transition lo secondary school. The programme. IS 8POrt4ed and delNers personal development support that align8 wlth the PDMU owrieAJlum. The programme has been a resounding success, wlh 1,082 pupils benefitting from the support offered. The progiamme has helped pupiLs gain a better ijnderslanding of heamh and well-being, foster good relatson5hips. and al￿VIate any fears associated wlh moving lo Se￿￿￿ary school. The use of sport as a tool lo deliver personal development support ha5 proven lo be highly effective. The programme has enable(J pupils to engage in physical actiwty while also Wo￿1d1ng opportun¢tie8 lo develop impjrtant lrfe skills. The personal developmellt suppK)rt offered has helped pupils build self-confidence, resilience, and a sense of p￿￿ose, which a￿ vital skills for navigating Ihe Iran$ition to secondary schod and beyond. The programme has been funded by Several housing associations Iconnswater Homes, Clanmil Housing, Apex Housing Assoc(ation & Radius Housirol through their shared housing schemes and the'Housing for All, strategy. We are pioud of these partnetships and continue to formal￿ better working realtKJnships as we move forward for better accountability and efficiency. 10 Sport Changes Life Foundation Company RegIstrat￿)n Numttr.. Nie11158 Trustses. Annual Report for the year ended 31 March 2022 The differerpce the charit￿S perfomiance durlng the y￿r has made to the beneflclarles of Ihe ¢h8rity and Io WiTdersoclety Sport Changes Life Programme delivery stsknstics 2021-2022.. Participating Youth l.eHo¢ws used as a vehicle lo enhan￿ understanding of the positive values of sport 2.Inspired dder people lo parb'cipate in sport and live a healthy lifestye with positive choices 3.In¢reased opportunities for youth from disadvantaged backgrcunds lo access woikl class SFOrting facilities via programme part¢ipthon. 4.InsPi￿￿ youth trom disadvantaged backgrounds to come together, play together and sociaise together regardless of beliefs but also to re¢eNe personal indiwdual supwrt. 5.Honour toll programme uded to re-engage young people with the reality of oducation and their tran8its.onal development ProgresslOulcome8 1.DelivergJ 3 eHoops programmes at Ulster University, giving 49 young people access lo the workl class sporting facililies.This was a hybrid approach of both physical and online sessions. 2.Delivered over 264 sessions and 480 houis of contact time with okler adults across belfast and ANBC. 3.DelJ'vered our Future 4 one to one mentoring projecl to 67 young people 4.De￿Vered the Honour Roll Programmes to 23 primary schools across Greater Bewast wf(h 1082 young people impacted. Participating Scholar8 1.To up skill scholars a dedicated training programme. 2.To engage schcAars in a project which rewards and recognizes actwe citizenship 3.SCL will altempl to Lrtillse Scholars as sporting role models and UnNei8ty amba88adors 4.To provide scholars with a¢¢es$ to post graduate opportunrfies Progressloutccffnes 1.Al Vthry si*olars Suc￿$$fUl￿ ccfflpleted 3 10 day training and induction programme. 2.They passed all asse$smenls required for coaching arKI outreach in the community. 3.The $¢holars were incredibly well received by participants in sports outreach programmes a8 well as progfamme partner8. 4. Two scholar5 pursued professional development opportunities through a ￿$￿e$S Intemship in Dubai with Falrnn Associates. sport Changes Life Foundation Company Registraticffl Number.. N1611158 Trustees. Annual Report for the year ended 31 March 2022 Participating Communities 1.Partnership approach with local community woikers. statutory bodies and NGB'S. 2.Introduce new programrne lo communities 3.Provade opportunitie8 for o)mmunity w(Kkers lo be involved in trainlng 4.Provide a new approach for communitEs to develop Ihe use of sport and physical activrty as a diversionary educational tool. Progiessloutcomes 1.Working with 4 Housing Associations acros$ Northem I￿land to enhance the delivery of programmes 2.Communications are ongoing with new communitios we have not operated in previously, In¢reaslng our presence 3.SCL provbled training for the communities ￿ engag8 with, upskilling staff and young people to bècome confident ycwng leaders that can then conth"bLrte back into theii community 4.Sport is still seen a very usefvl tool to eTrJage wjung people and lo establish opporbjnities to build sound relationship$. Struclure. governance and managemerrt of the charlty Board meetings take Pla￿ bimonthly, unle$s a 8pe¢ial oeneral meètiro is required. The company will hold an annual general meeting once in each calendar year. Trustees are appointed for a t￿O- year temi and are eligible for reappoinlment after thig term. In appointment of a CEO, the board must reach consensus on the CEO'S job description arKI undertake a careful search process to find the m05t qualrfEd individual for the posilion. The board wll ensure that the CEO has the moral and profe5$ional support he or she needs to further the goa15 of the fOUnda￿n. The CEO, tn partnership with the board, will decide upon a perK)dic evaluation of the CEO s performance. The day~to4ay responsibility for running the organisation is deslgnaled to the CEO. As stewards of the foundation, the board musl ac*"vely Part￿1p01e wifh the Stsff in an overall plannng process 8nd assist in implementing the plan's gods. Obje¢t$ of the Foundation's Nl Board.. -Delermine the Foundation's Miss￿n and purpose -select the CEO -Supp(41 the CEO and revlew ht8 or her performan -Ensure effective organk%ational plannirvd -Ensure adequate resources -manage resources effectively -Deleimine and monrtor the foundats'on's programmos and semces -Enhance the Foundation's Public image -Assess its Own performance 12 Sport Changes Lrfe Foundation com￿nY Registration Numb8r'. Nl811158 Trustses, Annual Report for the year ended 31 March 2022 The methods used to recmft and appolnt new charlty trusiees 11 In line with the Articles of Association. the company shall actively promote a Board of Trustees. which includes a range of skill, experience and knowledge in keeping with the pursuance of its Objects. and lo this end it is entiled lo advertise and interwew eligibk candidates lo be potentk31 directors of the board. al sU￿eSsful candidates arising fron the interviews shall be e1￿Ible for nomIna￿On or appoin1ment to the board under the provisions 01 the arl(des detailed below. 21 A reliring trustee shall be eligible for re-noMinattc￿ and election, under the provisKJn of the Articles. 31 Thè Trustee shall be elected at the annual general meeting by the members p￿Sent lin person. or through an authorised representats.ve or by proxy). In order to be eligible for election lo the board of tnjstees". al Nominations from members eligible to vote will ￿ tsken at the annual general meeting. il If the number of nomln8tk)ns exceeds the nLtmber of wancies. eledon shall be by secret ballot. ill If the number of mmlnaiions is less than the number of vacanaes, ftjrther oral nominations may wlth the approval of the annual general meeting be invited from members at the said annual general meelino. b) The boand of trustees is entitled lo nominate those candidates selected in accordance wth the Artiejes ot Asscoialion. 41 The trustees shall have ts power at any time to appoint any person, who need not be member ofthe compally. by co-option". a) To be a trustee to fill a casual vacancy. Any trustee 80 appointed shall hold oftice only unts"I the next followng annual general meets.ng and shall then be eligible for dection. bl as additional twstees with particular skills andlor knowledge up to bul not exceediryJ a number equivalent to one third of the elected trustee$ forthe time being. Tnjslees so appointed shall hold office only until the next followng annual general meeting and shall then be eligible for re- appointment as co-opted trustees. 13 Sport Change$ Life Foundation Company Registration Numtr*r'. N1611158 Trustees. Annual Report for the year ended 31 March 2022 The polffcies andprocedurns for the induelion and training of trustees The Chair wll assi$l the CEO in CC￿duCtIng new director orientstion. A training priyJramme will be devebped to ensure that any newly appointed trustees wll receive training on all matters necessary to enable them to perform their duties effectively. Where the appointee is not suffirAenUy experienced training should cover a minimum of governance and management, equal opportunities, introduct￿n lo the history and activities of the organisation.sufficienl explanation of the charf(ies financial accounts and reporkn.ng procedures to enable them lo exercise effective fiscal oversight, explanation of all charity pdicies. If the new trustee 18 lo take on any specffic dutie5. training in relali)n lo these should be assessed. The charltys oryanisatlonal structu The charity compri5e5 a number of committees and working gTOUPS. namely. - Finance W￿kIng Group - Fundraising Workro Group - Govemance Working Group 14 Sport Changes Life Foundation Company Registraticffi Number N1611158 Trustees. Annual Report for the year ended 31 March 2022 How the Charlty makes decisions and how de¢l$lons are delegated Finance Working Group It 1$ agreed that the Finance Working Group shall.. -oversee the financial planning of the Foundation and establish structures. which will be presented to the Board for approval. Guidelines will then be diawn up In a¢￿Idan￿ regulakn.ons set out by the Inland Revenue. -manage the financial health of the Founda￿￿. -To agree plans for presenting and administeriro effective firtancial procedures. -To provide finanual forecasts for the 51ralegic development work of the Foundation. -To discu&8 and resolve any issues in relation to the man&Jemenl of charitable funds and to enable the Foundation to ensure such funds are made avaijable for the foundation's programmes, as they are needed. -To prepare and present financial reports to thÈ Board in advance of btsard m￿tingS as required. -To receive and discuss financial reports from our accountancy support wth lo making recommendatnns to the Board on financial management. -To ensure tranSpa￿nCY in all financial matters relating to the Foundalton. -To identrfy and recommend suitable individuals to manage financAal matter. -To demonstrate strategie financial leadership on matters related to the strategic dIreCt￿n and operation of the Foundati(￿. -In reaching decisions the Finan￿ Working Group gf the Board of the Foundath)n will have due regard lo the impact and implications ol all decision5 on Operatior￿ in Northem Ireland and the United States and the Foundation's comrnilment lo e￿￿rIng equitable practices. -The Finance Working Group of the Board will meet annually unless othewse agreed by Ihe Board. 15 Sport Changes Life Foundation Company Res1Stratic￿ Number N1611158 Trustees. Annual Report for the year ended 31 March 2022 Fundraising Working Group It is agreed that the Fundraising Working Group shall.. -Lead the fundraising activrties of the Foundation. -Prepare a short- and k)ng-lerm fundraisirvJ strategy with specific goals and actKJns for approval by the board. -Prepare and wesent reports on fundraising to the Board. -Re¢eive and discuss operational reports on fundralsing actiwties with the view to maklng recommendatK)ns to the Board. -Di8cuss and resolve any issues in relat￿n to the management of charrtable funds and to enable the board to w￿ure such funds are made available for the foundations prourammes as they are needed. -Idenlify and recommend suitable individuals lo promote fundraising and donor prospects -oversee the coordination and promotion of the fundraising through a communications stralegy thereby influencing key external stakeholders lo assist in fundraising. -In reaching decisior￿ the Fundrai8ing Working Group of each of the area boards of the Foundation wll have due regard to the impaGI and implications of all decisions on operab.ons in Northern Irdand and the United Slates and the Foundation's commitment to ensuring equtsble pradces. Govemance Working Group -It is agreed that the Governance Working Group shall ensure that the Board fvlfils it legal, ethical and functional responsibilities through adequate govemance by-. -Designing approprvate governance policies and procedures- -Defining the roles and responsibilities of the directors and its Working Groups- -th)tifying the Board if il is al risk of falling below the number of directors required in the relevant constitution. -Moniloring the Foundat￿'S conflict of intere$l policy in relation lo its Trusiees and confirming that the Board duly observes the policy as set out in the Foundation's artides of association from tlme to Ilme. -confirming Trustees appointed lo the Board have been n￿lf￿ of and ￿ree wlh the miss¢on of the foundation and the expectations of directors. -Confim)ing Trustees appointed lo the Board have been ne11f￿ of and agree to the time and participation requirements of diTeclors. -Confimiing elecllcfi8 arKI appointments to the Board complywith the con3titut(on and otl*r legal requirements. .Confirming that Trustees have all financial and govemance knO￿edge necessary to discuss, debate arn1 plan to achieve the Foundats"on's mission and goals. -MoniloTing the attendance and conlribution of members. .nraftino onvwnanrp pn1￿￿￿￿ and budg•ts fnr board d•v•lrym•nt for aFproval by Ihg Bnard. -Ensuring transparen￿ in all matters relating lo the Foundation. -In reaching decislons the Governance Working Group of the Foundatlon will have due regard to the impact and implications of all decish)ns on operations in Northem Iretand arnl the United Slates and the Foundation's commitment lo ensuring equitable practices. -The GoVerTran￿ Working Group will meet annually unless otherwise agreed by the Board. 16 Sport Changes Life Foundation Company Registrab"on Nurnber.. N1611158 Trustees. Annual Report for the year ended 31 March 2022 The Chlef Executive Oflicer and otherseniormanagement personnel to whom day to day management is delegated The Chief Executive ICEOI of the charity 15 Gareth M8guire_ Flnan¢lal reylgw ¢harity$ Ilnan¢lal posftlon at the end ofthe yearended31 Ma￿h 2022 The financial position of the charity at 31 March 2022 and comparatives for Ihe prior period, as more fully detailed in the accounts, can be summarised as follows:_ 2022 2021 Net InC￿le {21,896) 1.038 Unrestricted Revenue Funds available for the gene￿1 purposes of Ihe charity 22.787 Total Funds 891 22.787 FInan￿41 revlew of the po$lllon at the reportlng d•te. 31 Alarch 2022 Incoffling resources for the per*)d 31 March 2022 are £212.017 oompared to resources expend&J forthe year of £233,913. Net reserves at the erMI of the year amounted to £891, this balar￿e remains in unre8lri¢ted ftjnds al year*nd. 17 Sport Changes Life Foundation Company Regi5tratiDn Nurnber". N1611158 Trustses. Annual Report for the year ended 31 March 2022 Polici•s on ros•ms Sport Change5 Life fmancial aim is.. -To secure and sustain the Foundati￿'S wabrfity and future. -To give reassurance lo the general publ￿ that Spcrt Changes Life. vthich18 8 charity, inlends to use all of the money r￿MIng into its care for the purposes of the charity. -General (unrestricted) funds remain available to be used for any or all of the purposes of the Foundation. -Olher funds are al80 included for the sake of clarity and openness and to show that S￿t Changes Lile has a policy for the management of 311 of rts money not simply those of which are defined as reseNe8. -we wll seek to reach a level of funds, which ensures that the organisaticffls core aclivty could continue durTh)g a period of unforeseen drfficuty. As the organisation evolves, it is uur aim to F¥)Id a minimum ieserye to meet the abr)v8 criteria. It wwld be our aim to hold reserves policy in the regKJn of £90,000 which. based on current activity levels, should be sufficAent to mainlain oVert￿ad5 sensible period. Avallablllty and adequaey of assets of each of the funds The bowd ol InJstee8 Is satbsfied that the charws assets kn each fund are available and adequate to fujlll (ts obligations in respect of each fund. Detalls of The IndependeDt Examiner William Wilson Member of charte￿ Accountants Irèland William Wilson Chartered Accountants 25 Shore Road Holywood BT18 9HX 18 Sport Changes Life Foundation Company Rwstratior Numter: N1611158 Trustees. Annual Report for the year ended 31 March 2022 SLit•ment of the Directors Tru$tees' Re$pon$lbllltle$ The charitys trustees are resFonsible for the preparation of the accounts in accordance wrth the terrns of the Companies Act 2006, the Charities (Northern Ireland) Act 2CQ8, as amended and The Charities (Accounts and Reports) Regulations INorthem Ireland) 2015 In parts"cular. the Companie5 Act 2006 and charity law requwe Ihe Board of Trustees lo prepare financial statements for each financial year which glve a true and fair vsew of the stale of affairs of the charity as al the end of the financial year and of the suiplus or deficit of the charity. In preparing those financial statements tr* Board is required lo :. - to prepare the ac(x)unls in accordance w(th Untted Klngdom Generalty Accepted Acwunling Practs"ce (United Kingdom Accountsng Standards and applicable lawl. - select Suitsble accounting policies and apply them consislenuy.. make judgements and estimates that are reasonable and pruden( prepare the financial statements on the going concern basis unless it is inappmpriate lo presume that the chanty will continue in business., stale whether applicable acwunting standards and $18tements of recommended practi￿ have been followed, subject lo any material departures disclosed and eX￿ained in Ihe financial statements" The law requires that the trustees must nol approve the accounts unless they are sat￿fied that they give a true and fair wew of the state of affairs of the charty and of the surplus or deficit of the charty for the year. The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time Ihe financi81 positi(￿ of the charty and which are sufficlent to show and explain the charitys transacltons and enable them to ensure that the financaal statements complywith the Companies Act 2006 and comply wrfh regulations made under the Charities Act. They are also resw)nsible f¢x safeguarding the assets of the charty alld hence for taking reasonable steps for the prevention and detectr)n of fraud and other irregularities. Th& Trustees are also responsible for the cwlents of the Tru$tees' rewt, and the slatutory responsibility of Ihe lThJependent Examlner In relation lo the Trustees, report is limited to examinlng the report and ensuring that, on the face of the report, there are no material inconsistencies wth the ftrJures disclosed in the financial slalemenls. 19 Sport Changes Life Foundation Company R8gistra*ion Nurnber.. Nk811158 Trustees. Annual Report for the year ended 31 March 2022 Method of preparatlon ol accounts - Small company provisions The financial statements are set out on pages 23 10 41. The financial statements have been prepafed Implementlng the FRS 102 SORP (Statement of Re￿rnMended Practice for Accounting and Repoty'ro by Charities) 2015, las amended by the Bulletin issued in October 2018 and applicable to all accounting period5 beginning on or after 18t January 2019). rfhe SORP), and in a¢¢ordance with the Financial Reportw Standard 102, leffeclive 1st January 20161 These financial statements have been prepared in accordance wilh the provisions in Part 15 of the Companies Act 2006. appl￿b￿ to companies subject to the small companies regime. This report was OFV¢)ved by the board of trustse8 on 27 March 2023. Dr S Tharmaratnam Direct￿ and Tru8tee 20 Sport Changes Llle FouThdatlon Report tsf the Independent Examlner to the Trustees of the charttable company on the accounts for the year ended 31 March 2022 I report to ts T￿￿teeS on my examination of the financ4al staternents ol the charitable corn￿nY on pages 23 to 41 fw Ihg ygar endgd 31 Ma￿h 2022 which havg been p￿pared in accordance wth the Charitl8s INorlh•rn Ireland) Act 2008. as 8mend8d Ithe Aci} and with Ihe Financial Repoitng Standard 102. leffe¢bve 1st January 20161 as mod'fjed by FRS 102 SORP (Statement of Re￿mmeTh4ed Practice forAccounting and Reporbng ty Charities) 2015. las amended by the Bulletin issu8d in October 2018 and appIl￿b￿ to all a￿untIng periods beginning on ¢x after 1st January 20191, IT￿ SORPI, published by the Charity Commission in Nothem Irdand ICCNII, ar¥J wder the historical cost convenbon and the accounting policies set ¢Jrt on page 29. Res￿¢11¥* responslbullles of the Trustees and the Independ￿t Examlner and the basls of the report AS described on pagts 19. you, thtr chaiitaLla eompanls TNsts8s, are also the Directors ofthe Company for the purposes of Company law, ale re5pon5ible for the preparation ol the financial statements in accordance with Ihe CL¥npanies Act 2006, the Charities (Northern Ireland) Act 2008, as amended and 811 othw appli¢￿ble law and wth United KIn￿orn Generally Accepted A(tountsng Practi￿. applicable to smaller entities, and for t￿l￿g satisfied that the finanaal statements give a tr￿ and fair view. The TnJstee$ con*der that the audit requirement of 6921 of The chariti.es (Northem I￿L￿n￿l A¢t 2008, as amended (The Artl does not apply. and that there 15 no requirement in th¢ mernorandurn and article5 of th8 charty for th? conducting of an audr( and Ihat the accounts do Thjt require an audlt in accordanGe V￿th Part 16 of the Companies Act 20¢% and that no memberor mwnbers have requested an audit pursuant to Section 476 of the Companies Act 2006. As a consequerKe, the Trustees havg eledgd th* the financial statements bts subject to indopend6nt 0xaminat￿. H8virrtJ 381isfied mysejf that the financial ststements a￿ not required to be audited uThlor any l¢gal FXOViSiOry or otherwise, and are pliyible for ￿dependent exarnination, it is my responsibility to:_ al examing Ihg finanaal statemgnts of the Charty under Secticn 65131 of th? Act: bl followthe applieable procedures in the th'rections to Independent Examiners made by the Charty Commisgon in Northern Irdand and., cl State whether parb"cular mattets have eome b) my attents"on. Basis of Independpnt Examlnerfs Statement and Scope of work undertaken I cOnd￿ted my examlnation In accordanee with the Direcb'ons to Independent Examinets mat1e by the Charty Comrni$8ion in Northem Ireland. s¢tbng out the duties ol an independent exarnin¢r in relati￿ lo the conducting of an independent examinabon. An independent examinatK)n includes a rewew of th• aecounting records kept by the th8ritab18 cornpany and of the 8ccounbng systerns employed by Ihe haritsble cornpany and a coMparis￿t of the financAal statsM￿ts yesentsd ￿￿th those records. li also includes consideration of any unusual items or disclosures in the financial statements, and seoking explanab'on5 from you, as Tmstees, con¢eming such matters. The purpose of the examinab'on is to estsblish as far a5 P055ible that there h9ve been no bre8¢hes of charty legislation and Ihat, on a test basis of evidence rekvant to the anw)unt5 and disclosures m*Je. tt)e finanoal statsments ￿mplY the SORP. The procedu￿$ undertaken do not Pfovidtr 811 the evidence that would required in an 8udit. and inforrnat￿￿ supplied by Ihe Trustees in the course of the examIna￿on is rKJt 5ubjectsd to audit tests or enquiries and does not cover all Ihe matters that an auditor would consider in arriving at an aFinion. The planning and conduct of an awJitgg¢s t¢yond the limitgd 85SUran￿ Ihat an indgpgndent ex8rnin8tic can provide 21 Sport Changes Life Foundation Consequenuy, I do not express an audit ownion on Ihe view gNen by the finanaal statements, and in particular. l exwess no opini£￿ as to whether Ihe financial statements give a twe and fair view of the affairs 01 th8 charity, and my report is limited io the matters set out in the statement below. I planned and performgd my ?xaminats"on so as to $8ti$fy rny50W that the objectives of the independent èxarnination are achieved and before finalising the rerx)rt l obtained written assuranc￿ from the Trustees of all material malters. Independent Examoner's Slatem*nt. Report and Oplnlon Subject to the limitations upon the sccpg ￿ my work as detsiled above, I hove wmpleted my examination.. wd can corrfirm that".- The aixounts of this charltabl8 company are r¥)t requlred to be audited under Part 18 ofthe Companies Ad 2CKI6,. The gros$ income of the ¢haritable wmpany in the year ended 31 March 2022 appears to exceed the surn speufi'ed in sec￿on 65141 of the Art, namely £100000, and that l am qualified to ad as Ind8pondent Examiner in accordance wth that section by wrtue of my ￿1r￿j a qualified rnember of Chartered A￿ountantS Ireland.. This is a report in r8sptrct of an examinatior) eArried out undtrr 65131 of the Act and in ac¢ordance with Directions to Independent Examiners made by the Charity Commission in Northern Ireland which may ba applicable- and Ihat no material rnattefs have como to my al￿tion in conng¢tion wilh tho gxamination giving me catsse to believe that in any rnaterial resp8Ct.._ accounts.ng reeards were not kept in respect ofthe charity as required by Sect#Jn 386 01 the Companio$ A¢t 2006 SeCt￿n 83 of The Charities (Northem Ireland) Acl 2Q)8, as amendad,. 8n preparing accounts on an avJual$ basis, lo proparo fi￿anCial $latsmgnts whi¢h wth th8 acGOUllting records and comply wth the accounting requirements of Ihe Act tho Regulation5 setting out the forni 8nd contsnt of Charity aG￿nts., have been preparad in accordance wth the meth¢xl$ and prI￿lpIeS set cArt in the FRS 102 SORP (Statement of Recommended Practtce for AcrA)unting and Reporting by Charities) 2015, las amended bythe Bullets"n issued in Octob¢r 2018 and applicable to 811 accounting Pe￿￿5 beginning on or after 1st January 20191. rrhe SORPI. have wepared ￿ aecordance ￿ the melhod5 and prinrjples Set out in the FRS 102 SORP Istatsment of RecA)mmended Pracb"ee for Aeeounts"ng and Reporh"ng by Charities) 2015, las 8mend6d by thts Bulletin issued in O#ob¢r 2018 and applicabl¢ to all acwunting period5 beginnlng on or after 1st January 20191, IT￿ SORPI. have not been met or to which, in my opinion. attention shoukl be draw) in my rep)rt in ordef to enable proper uTh*er810ThJiTrJ of the aecounts to be reached. Slgned:_ William Wilson- Independent Examiner Chartered AetsJuntant5 Ireland William Wi150n Chartered Accountsnts 25 Shore Road Holyw)od BT18 9HX This report w85 signed on 27 March 2023 22 Sport Chang•s Lrf• Foundation - Statèmènt of Flnancial JLtlvities for the yeai endod 31 March 2022 Statement of FinancialActivities (including the Income and Ex￿ndItuteACc0Unt for the year ended 31 Alar¢h 2022, as required by the Companles Act 2006) Jrrpnf ￿r Unrestricted Fund ¢wr•ntyear Currentye Total PrforYe•r Tc4al Fund$ FUMIS 2022 2022 2022 2021 come & Endo*Thents frun: Oonaticns & Legau88 Cther A1 A5 189,4 22,527 189NgJ 22,527 141,293 75.968 Total Incorn• 212￿17 211017 217261 ExperKltiure on: charitab￿ aclivits.es B2 B3 215.242 18,671 215,242 18.871 201.576 14,647 Totsl expendlture 233,913 233.913 216323 m•tIn￿m• for th• y•ar (21,8961 121,8961 1M38 Ile¢ In¢¢)nx after tmsfers A-B 121,8961 121,8961 I￿38 N•t mov•m•nt In lunds 121.8961 121,8961 1038 R•conclllatlon otfunds:_ T4)tal lunds br¢)ught lor¥wd r2.787 21787 21.749 Totsl fvnds ¢arrfed forward 891 891 22,787 'SORP Ref inthtAtd aiKwe clas5th￿ti¢￿ of income set ¢yrt in fwm81 SORP thLthments. As required ty paragw 4.eo of Ihe SORP, Lyought forwwd and corned fotward lthd5 abowe ha￿ boen a9reed to 8dance Sheet A separ*fj Statement of Total Recogri8ed Gains aTrJ Lo8B88 IB ncl required a8 5taterneTht lTrJud¢$ all r¢¢ogThsed gain$ and bsse8. AJ the prior y88rtr8n8actbJn5 ware unrestricled items, and no futhOr￿alySiS 18 required. All 8dvitle$ d?rfve fiom COntinu￿g operaticffls The nths aiLiched on pages 29 to 41 forni an Integral part ofthese accounts. 23 Sport Changes Life Foundation - Statement of Financial Activities for thè ￿•r endèd 31 March 2022 Sport Changes Lrf• Foundation - Resources applied in thé year ended 31 March 2022 loward5 rued a55ets for Charity use:_ 2022 2021 Fund$ generated li the year as detailed in the SOFA Resc4￿￿5 apyied on fiJnCti￿d I￿[ed as&ets 0￿r apFlications of funds 121,8961 1.038 Net resources Avallable to fund charltable 8Ctlvltles 21.896 1,038 Th8 re5c￿rCeS aPpl￿d on fixed assets C￿Tty use represgrts the cost of additions18ss proc8eds of any dtsposals. Th¢ noto$ 4tla¢h¢d on pag¢$ 29 to 41 lorm an integrnl part ot a¢¢ouDts. 24 Sport Changés Llfe Foundatlon - Statemènt of Finandal Activltlès for Ihe year ended 31 March 2022 Movemènts In rèvenue and Capital funds for the year ended 31 March 2022 Revenue accumulat•d funds UDMlrfct•d Funds 2022 T￿￿1 Funds 2022 Last Totsl Funds 2Q21 Fund5 2022 Jatsd lund$ brI￿￿￿t t¢Thvard 22,787 22,787 21,749 Reccgnised gains and b)ss¢$ be transfe 121.8%) (21,8%) 1,038 891 22,787 Closlng rwlnuèf￿d5 22.787 Summary ol funds R•8irl¢ied Toi Funth L•stYear and Dpslwatsdlunds 2022 2012 2021 ReveNe accurnlated f￿d5 891 22,787 The notes attached on pages 29 to 41 fomi an Int•gr•l part of thesfj ac¢ounts. 25 Sport Changes Lrfe Foundation- Slat•m•nt of Financial Activities for the year ended 31 March 2022 Sport Changes Lrfe Foundation Income and Expenditure Accounl for the year ended 31 March 2022 as raquired by the Companies Acl 2006 2022 2021 In¢)3rn8 frcm yration5 (Xher operating inEDrne 189.490 22.527 141,293 7S,968 Gross I￿￿￿0 In th• bofor• •xe*ptlonal ltsms 211017 217361 Gross Income In theymr In¢ludlTry eMeMlonal Items 211017 217361 Charitsble expenditure, 8xcludng depreciaticffj and amrtisatnn 205,162 10.080 18.671 188,616 12,960 14,647 Other expenditure Totsl expendllure In the year 233,913 214223 Net Income before tsx In Ihe Ilnanclal (21.896) 1,03B Tax on Su[￿U5 on ordinary acti￿￿•5 Nèt kn¢omeafter tsx In tho lknan¢lal yèar 121,8981 1,038 R•tslned surplus for thè Itnanclal ￿#r 21,896 AJI athvilies thrive ¢￿tInUIng cperat(ons In a￿￿￿an1% wlh the FThisioro oflhe cr￿ParI￿5 Art 20LI%. the Wings and 8ubhèadir￿ u8ed in the I[￿orne aTr Eyp8ndth account have been ad8ptsd to raffl￿t thg special nature ofthe charitys activthes. The notès attach￿ page# 29 to 41 form an integral partolthes• accaun 28 Sport Changes Llfe FoundatioTh- Balan¢e Sheel a$ at 31 March 2022 SORP Note Ref 2022 2021 Flxed asset5 TaTrglb￿ asset5 IO A2 Current a$s•ts Debtors 11 82 125.729 130,570 13.174 Cash 8t bank and in hand Total ¢urreM assets 126.372 143,744 Cr•thtors: amounts falllng due within one year 12 C1 (125,4811 1120,9571 Net ¢fftnt assets 22.787 The lotal net assets otthe Gharlty 22.787 Thetrrtal net 35sets of the charltyare funded bythe funds of the Charlty. as follow5:. Unrestrlcted Fund5 Unrestricted Revenue F￿d5 15 D3 891 22.787 22,787 Total eharltyfunds 22,787 27 Sport Changes Llfe Foundation- Balance Sheet as at 31 March 2022 The'SORP Ref indicated above is the classification of Balance Sheet items as Set out in the fomal SORP documents. As iequired by paragraph 4.60 of the SORP, the brought forward and carried foN8rd funds above have been agreed lo the SOF The directors are satisfied that the Company is enlilled lo exemption from the requirement lo obtsin an audit under sectbon 47T of the Companies Act 2006. The members have not required the company to obtain an audit in accordance with section 476 of the The directors acknovAedge Iheir responsibilities for complwng with the requirements of the Companies Act 2006 wnh respect lo accounting records and the preparation of a¢￿junts. The charity is subject to Independent Examination under charity legi51at¥)n. and the roport of the IndeperKlent Examiner is on page 22. The financial statements have been prepared in accordance with the provisiorbs in Part 15 of the Comp 2006. applirAble to companios subject to tho small ¢ompanies regime. Dr S Thamiaratham Chair and Tntste8 vgd by Ihe ￿ard oftnjstses on 27 March 2023 The notss attached on pages 29 to 41 forni an Int￿al part of th•s• accounts. 28 Sport Changes Llfe Foundation Note5 to the Accounts for the year ended 31 March 2022 1 k¢ounting pollGles Polleles r¢lallng to tlwprodudion of tho acawnts Bas1$ of prepar*ign and arxounting convention Th8 accounts have been prepared on the accruals basis, under Ihg h1$tori￿1 cost convention, and in accordance with the Financial Reporting Standard 102, (effective 1st January 20161 and'FRS 1D2 SORP (Statément of Recornmended Prath'ce for Accounting and Reporbng by Charrtitssl 2015. las ameThJgJ by the Bullatsn issusd in October 2018 8nd applicablè to all aeeounting pertods beginning on or after 1st January 20191, trh8 SORPI, published by the Charity Commisslon in Northem Ireland (CCNII . effective January 2016, and in aecordance wrth all applicable law in the charitysjuri5dicts.on of rwJi$tration Golng Con¢ern The charitablè aetivibe5 8r8 entirely dep8nd8rit on conb"nuing grant aid and voluntary donations as well as Irading revenues. A5 a ￿￿equence, the going co)n¢em basts 1$ depond¢nl on the future flow of these uncertain fundir¥J streams. Accordingty, the Trustees have obtained forecasts and, after twi&wng tha financial forecasts for future wiods to 31 March 2024, the Trusta•s ar& satisfied that. al the of appro*ing the financial statements. it is appropnale to adopt the goirrfJ concem b85is in prèparirrfJ thè financial statements. Other than these matters, the TnJst8Ès arè not aware of any matsrial un¢ortainites at*)ut the charitys abilty to ￿ntinUe as a going ¢on¢em. Risk8 and future assunwtions Th¢ ¢harity is a Pul￿1¢ benefit entity. Polklès rnlatlng ttr ¢•twrles of lftconR andincome recognltlon Nature of Income Gr05s income repr858nts the value. net of value added lax and di5(xxJnts, of goods provided to cuslc¥ners and work caffled out in msp•ct of S*￿1￿S provid8d to customers. Categories of Income IrKcrfne is categorised as income from exchange transa￿.￿$ Icajntract income) and income f￿rn non- ¢x¢hang• transactions Igiftsl, investrnent inCc￿e and olher in¢cme. Incom* from ex¢hange transactions Is received by the charity for good5 ￿ s$N¢e$ Suppli￿ und8r contract orwhere ents"Uement IS subje¢l to fuifilliny pertomor￿ rdated ¢ondittons. The Inco￿ the charity receives is approximat8ly equal in value to th8 goods or s8rvic8s SUppl￿d by th• charity to the purehasar. Income from a non-exchange transaction is where the chanty receives value from the donor without FKoviding equal value in exchange, and indudes donations of money, goods and 5ervws freely given without giving èqual v8lué in èxchange. Sport Changes Life Foundation Notes to th• Accounts for the year ended 31 March 2022 Income recogn•tlon Income, whgltrET from exchange or non exchange transactions. 15 recognis8d in tho Statement of financial actimties ISOFAI on a rscèwablè basis. when a transaction or other event ie5ulls in an increase in the charity's assets or a reduction in its liabilities and only when Ihe charity has ￿gaI enliUem?nl, thg inwme 15 probable and can be measured relia￿y. Diwdend5 are acc￿ed when Ihe shareholderfs right to receive paymènt is èstablished. Income suble¢t to tern￿ and condit￿nS which Trwst te mel before the ¢haiity is entrtled to the resourw% is not recfjgnised until tho Co￿li￿On$ have been met. I In¢¢Th is ac¢ounle(1 for gross. before dedU￿Ing any rglatgd fges ￿ costs. A¢countlng for dèferrèd Ineomo and In¢om• rÈeèlvèd In ad¥Anc• Wherè tarms and condib.ons rèlating to incoma have not been met or uncertainty exists a5 to wh¢thgr Ilw ¢harity ¢an m¢01 any twms or ¢ondrtions otholWkS¢ Wrthin its control, In￿Me is not recognised but is deferred as a liability until it is probable thal the lemis or conditions Impos￿ can be met. Any grant that is subj8ct to perfomian¢%-rebtod conditions ￿ceIved in advance of delNering tho go￿￿5 and services required by that condition, or is subjecl to unrnel ¢ondilion$ wholfy OLrtside th8 ¢￿trol of the recipient charity, is accounted for as a liability and shown on the balance shed as deferr8d income. Def8rr8d Incorr￿ 15 released to incom8 in thè r•porbn9 p&rithJ in which the performance4elated or other conditions that limit recognition are mel. When income frorn a grant or donat￿ has not been recognised due to the corKJitw)ns applying to the gift Th)1 being wholly within the control of the recipient charity. it is disclosed as a ¢onkn"ngent asset rf r￿elp1 of th8 grant oi don4tion pr<)bable once th058 (xJndth"on5 m8t. Wh8r8 tim8 related condrtions are imposed or irnpli8d by a funder, th8n th8 income is apportioned to the h.me periods concemed,and, where applicable, is 8r£ounted for as a liability and shown on the balan￿ sheet as deferrgj inco￿. When grants a￿ received in advance of the expenditurt ¢)n the activrty fvnded by them. but there are no speafictlme related ¢ondifjons, Ihen th2 income is not defeTh&l. Any condib.on that 8IIow5 forthe r￿Very by the dcmr of 8ny untrxp•Thlèd part of a grant does r￿t event recognition of the income concemed. but a liability to any repayment is ￿c￿nISed when ryyment beixxn85 probabl8. 30 Sport Changes Lifo Foundation Notes to the Accounts for the year ended 31 March 2022 Donated goods, facllltles and services Donated g¢)ods that are notfixed assets are accounted for al a fair value, unl$ss it is impfaelic81 to rèliably measurè thè valuè of the donated Rems. In Ihe absence of any direct evidence of fair value of donated goods, then a value is derived Irom thg cost of the item to the donor or. in the ¢aso of g¢ods that ale Èxpacted to bo sold, tho oslirnated resale value after deducting any anticipated costs of sales. If it is imwacticable to measure the fair value of goods donated for resale. orthe costs of valuabon ou￿1gh the benefts, Ihe donalgj goods are recognised as inco￿￿ when srAd. with an ¥quival8nt amount being rec4Jgnised as an expense. Thè costs of goods donated for distssbuth"Dn lo benefirAalles is deem8d to bè tha fair valuè ofthose good5 upon receipt. When the goods are distributed freely or for a nomin81 consideratign, then thg Lxnyng amount is adjusted at thg timg of salg, lo the valug al the p¢irrt of distribution aThJ th• adju5trnent Is shovm as a cost of th)nations made. t)onated servlce8 and lacllltles (including seconded staff and use of prcyerty) are included in tho aceounts on the ba$1$ of the valy¢ of Iho gift to U)$ ¢harfty. All donated setvices and facil￿*$ ar• r8ecgnis8d as donation income when received,Iprovided the value of Ihe grfl can be measured reliably} and recognised as an expense with an wuivalenl value. Pollel•s r•ladng to ￿￿ndItUTe t)n goods and s•Nle•s provldad to lh8 ehanTty RecogThtlon of IlabllJde8 and expendlture A liability, and the related expgndiluTr, is rpcoJni¥ed whgn a legal or ¢onthdive L*)I￿ation èxists as result of a past event, and when it is nTh)r8 likely than not that a transfer of economic benefits wll be uired in setderrEnL and whèn the am(yJnt of thè obligab.on Can be measured or reliably estNnated. Liabilitiès arising from fuiure funding comnNtrnent5 and C(￿St￿ctive obligat40n5, induding p•rfornian retatad gr8nts, whéré th8 b.ming or the amunt of the fijture expenditure required to sètuè thè obligation are uncertain, gwe rtse to B provison in the accounts. whieh is reviewed at the accounting year end. The provision is increased to reflect any increases in liabil￿e$, and is decrea58d by Ihe utilisation of any provision within thè F4riod, and reversed if any provigon is no longer required. These MOV￿￿nts are ¢harged or cr&lited to the respective fvnds and activ(tK% to which the wovi5w)n relates. Volunteers In accordanrh with the S(Xverad by chapter 3 part 11 of the COrporatic￿ Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992. to Ihe extent that Such Income or gains are applied exclusively on the spe￿fiC chaiilable objo¢ts of the charity and for no other purpose. Value Added Tax is not recoverable by the charity. and is therefo included in th? relevant costs in the Statement of Financial AclJ'wts"es. 32 Sport Changes Life Foundation Notss to the Accounts for the year onded 31 March 2022 3 ￿ndIng up or dIr￿OIUt10n of the charity If upon winding up or dissolution of the tharity there rèmain any assèts. after the SatiSf￿tion of all debts and liabilities, thè assets tsprèsentéd by the &CLMulated fund shall be transferred to S￿ne other ¢hantablÈ body or bcKI￿$ havTfvJ Similar objects lo thè charity. 4 Significance of financial Instrnments to thé charitys position There are no significant imF4icalions of such matters. 5 N¢t SUTpIu5 boloTe lax in the financial year 2022 2021 The net surpjus befue tax in the finanaal year is stated after charging:" Pension costs Auditors, renmjnerth'on 4,510 3,417 6 The eontrlbutlon of volunteer The charty depends on the support of its volunteers, which is much appreciated. The arrangements whh volunte$rs diffi¢ult to value.Frtisely in mcmetsry temis and havè not been reeognised in the Slat8rrEnt of Financial Activrties. The volunteers and the tharty accept and agr99 thal no contract of èmployment is c￿ted by thw arrangemfynts. 7 Staff costs and emolument8 Salary Costs 2022 2021 Gross Sakries excluding trustees and key management personnel Employ8Vs National Insurance for all staff Eryloyerfs cyerating costs of d8fmed ¢ontiTbution pension s¢h8rn8S 133.660 137.257 8.836 4,510 3.417 T¢)tal $alarle$. wages and related costs 146 818 149.510 The average numbec of part tinE staff employed in the yearwas The average number of full time staff empljyed in the yeBr was Th8 estirnaled fvll b"Tr equivalent number of all staff enybyed in the yèBr Neither the twslees nor any p￿sOn$ connected with them have recebved any wThwnerab"¢)n from thè charity or any rolat8d 8ntity. ￿ther in lh• current or prw year. No employees ￿ceIVed emoluments lexduding pension ¢ostsl in excess of £60,￿0 per annum. Sport Change5 Lrfe Foundation Notss to the Accounts for the year ended 31 March 2022 8 Defined contribution pension schemes Any liabilitès assats asstitsatéd wth the ￿herne are sh¢wn undor dèbtors and creditors. 9 R•MU￿ratIOn and paymènts to Tr￿tte9 and per￿18 ￿nn•et•d wlth th•m No tnJ5tses or persons ccfflnected with Ihem received any rerNneration from the charity. or any Telaled 8ntity. 10 T•nglble flxed a$s¢ts Cunvnt Y4r Land and Buildirvjs Fixtures and ffttlng Equlpm•nt Total Cost At 1 April 2021 27,397 7.523 34.920 At 31 hI4￿h 2022 27.397 7.523 34,920 D•pr•ciatlon At l April 2021 Charge for the y¢ar 27,397 7.523 34,920 At 31 March 2022 27J97 7.523 34.920 Net book value At 31 March 2022 At 31 March 2021 Land and Bulldlngs Flxturns and fittin equlpment Total C04t 01 ￿1 2020 Disposals 30.933 13,536) 7,$23 38,456 (3.536) 31 Mareh 2021 27,397 7.523 34.920 D•pr•datlon 01 April 2020 Charge for the year 27,397 7,523 34,920 31 Mareh 2021 27,397 7.523 ￿920 Net book value 31 March 2021 31 March 2020 3.536 Sport Changes Life Foundation Notes lo the Accounts for the yèar end•d 31 March 2022 11 Debtors 2022 2021 Prepayfflents and ac£nJed income 124.199 130,570 125,729 130,570 12 Creditors: #mounts fallthg due wlthln ont 2022 2021 Trale credit￿5 PAYE, NIC VAT and other taxo$ Other cred'tus 72,915 36,898 15,668 73,409 29.433 18.115 125,481 120,957 13 Incom• and Ex￿ndItUre account Summary 2022 2021 At 1 Aprll 2021 Surplus after tax for the year 22,787 (21,8*) 21.749 1.038 At 31 March 2022 891 22.787 14 Partlculars ol how partlcularfunds are rtpresthtsd by a•$ets and Ilabllltlès At 31 March 2022 Unrestricted Designated Restricted fund8 fundB fund$ Fund$ Qjrrent Assets Current ￿abil￿eS 128,372 (125.4811 126J72 1125A811 At 1 April 2021 UnrBstrteted D•slgnatod R•strlet•d funds funds tunds Total Funds Current A5$ets urrent Liqbilih8B 143,744 1120.9571 143,744 (120.9571 22.787 35 Sport Changes Llfe Foundation Note5 to the Accounts for thè year ended 31 March 2022 f 5 Chang• In total funds over the year as shown in Note 14. aMlyBed by Individual funds Funds brought foNfard from 2021 Movement Transfers In fvnds In between 2022 funds In 2022 Fund• arrléd forward to 2023 See Note 16 Unr•slrlet•d anddg$lgnatsdfunds.'. Unrestricted Revenue Funds 22,787 121,8961 Totsl unrestrlcted end d•$lgn•ted ftmd$ 22.787 21.896 891 Total eharltyfunds 22,T87 21.896 891 16 Anaty¥i¥ of movements In funds over the year as shown In Note 15 Other Exp•ndl￿rè Galns & Losses 2022 Income Movement In fund$ 2022 2022 2022 Unrestrlctedand designated fvnds... Unrèstricted Ravénuè Funds 212.017 1233,913) {21.896) 212,017 1233.9131 21.896 17 The PU￿0* for vthl¢h the lunds as detailed In note 15 are h¢ld by the chartyare:_ UnrestrlctedanaTdeslgn•ted These funds are held for the meeting the objectives of the charity. and to Provide reserves for fLrtur• 8ctiwtias, and , subject to charity legislation, are free from all resth"clion$ on their use. ithreslricted Revenue FuThls 18 Ullknat• controllkng p Th• eharity is und•r Ihe ¢x)ntrol of itslggal memtr*rs. Ev•ry member of the tharity is obliged to conlribute such am¢xnt as may b& requirnd not ex￿edIng £1 lo the assets of the company in the event of its bein9 wouThJ up while he or she is a member, ormthln one year atter he or she ceases to be a member. Sport Changes Lrfe Foundatlon Detailed anatysls tsf income and expendfture forthe year ended 31 March 2022 as required by the SORP 2015 This an4lysi• is classwff•dby conv•ntionalnonhlnal d•scnptions andnotbyaclivity. 19 Donation5. Grants and Legacles Current year Cument y￿r Curr•nt y•ar Unrestricted Restricted Totsl Funds Funds Funds 2022 2022 2022 Prior Year Tgtal Funds 2021 Donatlons and gifts from Indlvlduals Sm811 donations individually less than £10CKJ Ulster University Antrim & Newt0￿￿bbeY ￿OUgh St James Plac8 The Executwe Office Go Fund Me Apex Fk>using Clanmill Ho￿ThJ DFC 4,868 5.500 1.350 4868 s,soo 5.820 62.500 24.124 S,546 1,253 13,075 15,711 210 100 2.8￿13 24124 1.2S3 13,075 15.711 210 100 2.603 EduCat￿n Author PHO Radius Housing Tot31 donatlons and gifts fro individuaL 74,340 74.340 68.320 Current year Current year Cuffent year Unrèstrl¢t•d R#strlctgd Total Fund$ Funds Funds 2022 2022 2022 Prior Year Totsl Funds 2021 Revenue grants from gov•mm•nt and public bodies Antrim & N6wtownabb•y Borough Cwncil Departsngnl for Communthe¥ The Executive Offii Spjrt Nl Ardbaron TNst 3.DJO 3,000 4042 28.976 4.042 36,854 2.OC4) 1,(QO 1.000 Totsl publ1¢ s¢¢tor rè%•nue grants 8.042 8.042 69.676 37 Sport Changes Life Foundation Detsllèd analysis of Income and expendoture forthe year ended 31 Pllarch 2022 as required by the SORP 2015 Currènt yèar Current year CuThent year Unreslrlcted Restrlcted Total Funds Funds Fund5 2022 2022 2022 Prior Year Totsl Funds 2021 Sponsorship C￿nSWater Homes 6,608 6,608 3,297 Total sponsorship incom• 0.608 6,fj08 3.297 Currènt y•ar Current year Current y Unr•strlct•d R•strlcted Totsl Funds Funds Funds 2022 2022 2022 Prforyear Total Funds 2021 Insplrus Inspxrus 1C¥J.5CQ 100.500 Total Insplrus 100,500 Total Donations. Grants and L•gacies Unrestricted Restricted Funds Funds Current Year Total Funds 2022 Prior Year Total Fund5 Curr•nty¢ar 2022 2022 2021 Totsl Donallons. Gr4nts and L•gaeles A1 189,490 189.490 141.293 20 Income from oth¥r, non ¢haritable. tradlng actlvltles Curr¢nt year Curr•nt ￿ar Curront year Unrestricted Restricted Total Funds Funds Funds 2022 2022 2022 Prforyear Total Funds Income from fundrasing 8v•nts Total froffl otheractivitses 38 Sport Changes Life Foundation t)etailed analysis of incom• and •xpenditurefor the yearended 31 March 2022 as required by the SORP 2015 21 Other incom• and galns Curntnt yèar Current year Current year Unrestrlcted Restricted Total Funds Funds Funds 2022 2022 2022 Prlor Year Total Funds 2021 Jcb ￿tent￿ scheme 21527 22,527 75,968 Total other inGom• 22,527 22,527 75,968 22 Expendltur• on eharltable activieips- Direct spendin9 CLrrrent year Current ￿ar Guff•nt year Prlor Year Unrestrlcted Restrlcted Total Total Funds Funds Funts Funds 2022 2022 2022 Curront Y•ar 2021 Gross wageg ond salarfe$- d)8ntable artiwtiès EmF40ser8' Nl- Charl￿e aCt￿ltieS Defined contritxjtion Fension cc6ts - charitable activities Travel and Subsi8tenc8- Charitsbl• Activrties Coa¢hing costs Sports knt Facility hl sti￿nds Pwti¢fjpanl event 133.660 133.680 137257 8.648 4,510 4510 3A17 17.516 30.470 4,223 17,516 13W2 2.776 7,878 707 9.266 4.047 30,470 4223 4,236 1.899 4236 Totsl dlrect spending 205.162 20S 162 Sport Changes Lrfe Foundation Detalled anatysis of income and expendlture forth• yw •nded 31 Mareh 2022 as required bythe SORP 2015 23 Support costs for charitable activities Currert year Cuffent year CuThent year Prior Year Unrestrlcted Restrlcted Total Total Funds Funds Funds Funds 2022 2022 2022 Cunynt Y•ar 2021 Pr•mls•s Exp•ns8¥ Rent pardble under op8rating I￿¥05 5,100 &100 AdmInIstratl￿ ovwheads T818phone. fax intemot Printsng and postsge Membership subscnptions Cornputorthgb dgvdoprnent MarketIn￿R Insuranco Sundry exFenses R8pair5 and Mainten￿¢9 HMRC Inte￿$t 2,217 1,463 416 5.388 1217 1.463 416 4388 195 1,gTJ 8,158 1,636 652 2.027 356 911 538 1.675 356 911 538 1,875 Flnancial Bank tharg•s 409 409 Support eosts b•fw• r•allo¢atlon 18,671 18,671 14,647 L•ss supporteosts reall0¢at￿ ty sp￿11¢ activilio To non thar?tBble costs 118,8711 118,6711 11464n Total support costs- Current Ye The basis of allc¢Alion of wsts between acbvlts.es 1$ fJexrSt*d under ￿￿ntIng poJi¢ie8 24 Other Expendlture- G0￿ManCe costs Current year Current year Current year Unrestricted Re5trteted Total Funds Funds Funds 2022 2022 2022 Prior Year Total Funds Cun•nt Y•ar 2021 c￿Su1￿n¢y- a￿￿tancY 10.080 10.080 12.960 Total Governance costs 10,080 10,080 12,960 All the gxpenditwe in the prior searwas unrestrthd. Sport Changes Life Foundation Detslled anatysls of In¢txne and expenditure for the year ended 31 Mar¢h 2022 as required bythe SORP 2015 25 Total Charltable expèndtture Current year Cuffent year CuThent year Prior Year Unrestricted Re5trictsd Total Total Funds Funds Funts Funds 2022 2022 2022 Cunvnt Y Total direct spending Total Govemanc8 Costs B2a 82e 205.162 10,080 205,162 10.080 188,616 12.960 Total charltable expendlture B2 215.242 215,242 201,576 All Ihe expenditure in thè prbr yèar w88 unre81ricted. 26 Other trading expenditure unrelated to fundralslng or eharltablè aettvltlts Cwrent yèar Currènt Cufftrnt y Unrestrlcted Restrlcted Total Funds Funds Funds 2022 2022 2022 prtor Year Total Funds 2021 Reall¢xated from support costs 18.871 11671 14,647 Non charity expgnditure 83b 18.671 18,671 14,647 27 Total of other expendltur• Current y•ar Curr•nt year Curr•nt y•ar Prior Year Unrestricted R¢strl¢t Total Fund5 Funds Fund5 2022 2022 2022 Curn•nt Y•ar Total Funds 2021 Non chanty expenditurg 18.671 18.671 14.647 Total other •xp•rKllture 18,671 18,671 14,647 All the expendibJe in th• prior yèar was Un￿$triC￿ed. 41