Sport Changes Life Foundation Company Registration Numter: N1611158 Trustees. Annual Report for the year ended 31 March 2023 The Trustees present their Report and Accounts for the year ended 31 March 2023, which also comprises the Directors. Report required by the Companie$ Act 20Cfj. Reference and administrative details The charity name The legal name of the charity is:_ Sport Changes Life Foundation_ The charity is also known by its operating name, Sport Changes Life. The charitys areas operation and UK charitable registration The charity is registered in Northeffl Ireland with the Charity Commission in Northern Ireland (CCNI> wyth charty number 103044. The charity does not operate in any overseas jurisdictions. Legal structure of the charity The charity is constituted as a company limrted by guarantee, registered under the Companies Acts . The governing document of the charty is the Memorandum and Articles of Association establishing the company under company legislation. There are no restrictions in the governing documents on the operation of the Charty or on its investment p)wers other than those imposed by Charity Law. By operation of law all, trustees are directors under the Companies Act 2006 and all directors are trustees under Charities legislation and have responsibilities, as such. under both company and charity legislation. The trustees are all individuals. The principal operating address. telephone number. email and web addresses of the charity Unit 22. Argyle Business Centre 39 North Howard Street. Belfast Northern Ireland. BT13 W Telephone 02896 218637 Email Address info@sportchangeslife.com Web address www.sportchangeslrfe.com The registered office of the charity for Companies Act purposes is the same as the operating address shown above. Sport Changes Life Foundation Company Registration Number." N1611158 Trustees. Annual Report forthe year ended 31 March 2023 The Trustees in office on the date the report was approved were".- Dr D Brennan Mr M J Marais Mr N Mccullough Mrs J McNeill Dr S Thamiaratnam Ms C Waterworth MrA Larkin Ms G Cook (appointed 3 January 2024) Mr E Mccrory (appointed 3 January 2024) Mr K Willet (appointed 3 January 2024) Ms N Mccarthy (appointed 3 January 2024) Mr G Maguire (appointed 3 January 2024) The trustees who served as a trustee In the reporting perlod. and, rf applicable. thelr dates of appointment or resignation during the year were:_ Name Dr D Brennan Mr A J Gibson Mr M J Marais Mr N Mccullough Mrs J McNeill Mr A T Robinson Dr S Tharmaratnam Ms C wate￿rth Mr A Larkin Appointed Resigned/Retired 31 May 2024 22 August 2023 All the trustees are also members of the charity. Sport Changes Life Foundation Company Regislration Number: N1611158 Trustees. Annual Report for the year ended 31 March 2023 Objects and activities of the Charity The purposes of the charity as set out in its goveming document The charitys objects ("Objects") are specifically restrict￿ to the advancement of education and to promote capacity building among young people from socially and economically disadvantaged communities (hereinafter called the "beneficiaries.) in Northern Ireland and its environs in the Republic of Ireland (hereinafter called the area of "benefit") without dists-nction of age. gender, sexual orientation, disability, race, ethnic origin, polrtical, religious or other opinion by associabng the statutory authorib-es, voluntary organisations.academic insts-tutions and the beneficiaries in the area of benefit in a common effort through sport, education and other recreab.onal activities to develop their physical fitness, mental and emotional capacities so that they may grow to full maturty as individuals and citizens and that their conditions of lrfe may be improved and ancillary to this". a) to provide or make arrangements for the provision and coordination of volunteers from the United States to work within the area of benefit to support the work of the charity with the added benefit that such volunteers shall be empowered and motivated to work in and develop community programmes in the United States on their retum" b) to enable, assist and encourage the education of volunteers in leadership, coaching and organisation of sport and physical recreation for the benefit of the beneficiaries,. c) educate the beneficiaries to encourage them to follow a more acts've and healthier lifestyle. to giuw Ilieii confidence and ralse their asplrations- d) develop young leaders within the beneficiaries through integration and togethemess and build community involvement to ensure long-temi sustainabilty,. and e) to advance any other exclusively charitable purpose as the directors may, from time to time, decide in accordance with the law of charity. Sport Changes Lrfe Foundation Company Registration Number.. N1611158 Trustees. Annual Report for the year ended 31 March 2023 The main activities undertaken in relatlon to those purposes during the year Programme aims are" -To engage with disadvantaged young people and offer them ari altemative to anti-social behaviour and offending and stop the cycle of a lrfetime in the criminal justice system. -To raise the aspiration of youro people to reach their full potential and become the best that they are capable of becoming and support them on theirjourney to ults-mately gaining and sustaining employment. -Improve lrfestyles and health and well-being in both young and old. Sport Changes Life have been developing acbve ageing programmes developing actsve lrfestyles and taking them away from loneliness. -Programme results for the past year have been attached, supporting participation and numbers. The main activities undertaken durlng the year to further the charitys purpose for the publlc benefit Sport Changes Life Foundation is more than a programme. it is a means by which we can help mentor young people, engage and signpost them to existing agencies and organisations and create a bridge to enable them to take hold of their lives. It does not seek to duplicate any existing provision. but to Complement and work in partnership. The charity proposes to actively promote and engage in a range of community projects incorporats.ng sport, good relations and personal development designed to raise their lrfe aspirations and improve their- . -motivation. attitude, Self-confiden￿ and belief -Personal development -Team working skills -Leadership skills and active citizenship skills Sport Changes Life Foundation Company Registration Number. N1611158 Trustees. Annual Report forthe year ended 31 March 2023 The charity provides advice, support and guidance for young people in communty groups. schools and colleges through such means as= -outreach sports coaching sessions using Sports mentors and Victory Scholars -Fa￿ to face support for young people with Sports mentors and Victory Scholars -Provision of resources to access training and support programmes Those who benefit from our activities indude". -Individual young people -The community and community groups -schools, colleges. universities. youth clubs and church groups -Employers -US university students - Victory Scholars -Local businesses and corporates Below are some of the organisations Sport Change5 Lrfe has worked with to deliver services to young people. -The Execulive Office -Antrim & Ne￿QwnabbeY Borough Council -Department of Justice -ulster Universty -youth Justi￿ Agency -The Princes Trust -NE College of FHE -Jobs and benefits officTr. -schools -Housing Associations -Local Communty Groups and Youth Groups -PSNI Sport Changes Life Foundation Company Registration Numtser= N1611158 Trustees. Annual Report for the year ended 31 March 2023 Sport Changes Life engages youth who are not in education, employment or training through positive activities designed to increase confidence, raise aspirations and offer pastoral care and support. Selected jointly by community groups and the PSNI (where applicable). many young people will benefit from our eHoops programme. Improving their team working skills. leadership skills, active citizenship skills and self-esteem. This is achieved through bespoke curriculums that enable the team to deliver accredited qualifications for the professional development of young people. Additionally engages with older adults who are seeking access to structuied physical activity and who will benefit physically and mentally. Through our Victory Scholar Programme, Sport Changes Life gives US collegiate scholar- athletes from diverse soci(keconomic backgrounds the opportunity to pursue advanced study in graduate programmes at universilies across the island of Ireland while continuing to play their sport. coaching and mentoring young people in neighbouring k)cal communf(ies and gaining valuable work-life experience through internships. partnerships and friendships, cultural 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 programme is the time committed to the engagement of groups facilitates the opportunity for Sport Changes Lrfe to 'tailor' programmes to meet the specific needs of the group they are working with. We firmly believe that through our programmes, we are fulfilling our aim to raise the aspirations of young people through sporting excellence, vocational and academic achievement and personal devebpment. The trustees have had regard to the Charity Commission's guidance on public benefit in managing thfi 11 ntivitip.rJ of thc ohority. The short terni and longer temi aims and objectlves To establish the Sport Changes Life Foundation as a leading provider of sport-led personal development support for young people and older adults in Northem Ireland. To develop sustainable funding streams to support the long-term delivery of our programmes. To continue to build partnerships wth key stakeholders in the community. including local councils, schools, and businesses. To expand our programmes to reach more disa(fvantaged communrties and individuals. To measure and evaluate the impact of our programmes to ensure that we are making a positive difference in the lives of the individuals we serve. Sport Changes Lrfe Foundation Company Registration Number.. N1611158 Trustees. Annual Report for the year ended 31 March 2023 How the activitles undertaken durlng the year contributed to the achlevement of the aims and objectfves The current programmes portfolio is designed to establish the Sport Changes Life Foundation as a leading provider of sport-led personal development support for young people and older adults in Northem Ireland. Continuously seeking for sustainable funding streams will support the long-term delivery of our programmes. and our current partnerships with key stakeholders in the wider communty has enabled us to expand our reach to more underseTved communities and individuals. Measuring and evaluating the impact of our programmes which will ensure that we are making a positive difference in the lives of the individuals we serve. The delivery statistics for the year are contained in the section of the report entitled "The difference the charty's performance during the year has made to the beneficiaries of the charity. The main achlevements and performance of the charlty during the year Our mission is grounded in the belief that sport serves as a universal platform for empowerment. fostering essential life skills and promoting in¢lusivty. By combining sports activities with educational workshops and bespoke interventions, we aim to engage participants of all ages and backgrounds, ultimately enriching their lives and ¢ontributing to the greater good. Sport is more than just a physical a¢livity- it cultivates teamwork, discipline, resilience, and leadership - qualities essential for personal development and social cohesion. Through our programmes, we strive to address various social issues. empower individuals, and create lasting social impact. Honour Roll Programme .In the financial year 22123, we collaborated with 48 primary and secondary schools, engaging total of 1981 pupils. .The Honour Roll programme seamlessly integrates sports with educational workshops aligned to the Personal Development and Mutual Understanding {PDMU) curriculum, fostering holistic development among students. eHoop$ Programme .We Conducted eHoops programmes, working closely with 40 at-risk youth from the Greater Belfast Area. .Through bespoke workshops and sports activits"es, participants were equipped with tools to address social issues and make posttive lrfe choices. Active Ageing Programme .Operating across 6 different sites, our Active Ageing Programme kept 107 older adults physically and mentally active, addressing loneliness and social isolation through sporting sessions. Sport Changes Life Foundation Company Registration Numtrer.. N1611158 Trustees. Annual Report for the year ended 31 March 2023 Future 4 Mentoring Programme .We provided bespoke one-t(kone mentoring support for 84 young people, developing individual development plans and offering weekly M￿tingS to support their transitional journey. Seasonal Camps .Across 7 different camps in Northern Ireland. we engaged 250 young people in multksport programs with Y￿rkshopS focused on good relations. personal development, and communty building. Victory Scholar Programme In addits.on to our core programmes. we proudly continued with our Vict(ry Sc￿)lar scholarship programme despite the challenges posed by the CoMd-19 pandemic. In the financial year 22123, we welcomed 11 new Victory Scholar athletes from the USA. These scholars arrived to study, play, and mentorlcoach young people on SCL programmes. Each scholar was strategically placed across one of six different Irish universities: ATU Letterkenny, Galway University, SETU Carlow. SETU Waterford, Griffith College, and MTU Cork. This brings our total scholar alumni Count to 189 in the Wictory Scholar nelwork. further solidifying our commitment to fostering international collal>oration and talent exchange. Partnershlps with External Agen¢les We are proud to collaborate with a range of partners and extemal agencies, including Apex HA. Clanmil HA. Radius Housing, Connswater Homes, Habinteg HA Antrim and Newtownabbey Borough Council, and Jigsaw Nl. These partnerships allow us to extend our reach and maximize our impact within communits'es, working together towards common goals of social inclusion and empowemient. The foundation continues lo build relationships with the private sector and fill the gaps in finding the right partnerships that reflect mutual benefits for the foundation and business. Notable New Venure - Corporate Partnerships In response to the challenges posed by Covid-19 and in a bid to diversify income streams, we embarked on a new venture by partnering with local corporates and businesses. One notable partnership was with Global PayTnents Inc in Belfast, where we organised two Staff well-being days. These events highlighted the imporlance of personal and professional well-being through icebreakers and team-building acbvities. This initiative not only benefited staff morale and well- being but also opened avenues for corporate social responsibility (CSR) opportunities. showcasing the mutual benefits of collaboration between the corporate sector and the non-profit sector. In conclusion. Sport Changes Life remains committed to driving positive S(￿la1 change through SPDf( leveraging partnerships and Innovatsve Initiatsves to maximise our Impact and Greate a brrghter future for all. We extend our heartfelt gratitude to our trustees, partners, volunteers. and supporters for their unwavering dedication and support in advancing our mission. Sport Changes Life Foundation Company Registration Number: N1611158 Trustees. Annual Report for the year ended 31 March 2023 The difference the charity¥ perforniance during the year has made to the beneficiaries of the Charity and to wider society Sport Changes Life Programme delivery statistics 2022-2023: Participating Youth 1.eHoops used as a vehicle to enhance understanding of the positive values of sporL 2.Inspired older people to participate in sport and live a healthy lifestyle with posrtive choices 3.Increased opportunities for youth from disadvantaged backgrounds to access world class swrting facilities via programme participation. 4.Inspired youth from disadvantaged backgrounds to come together, play together and so¢ialise together regardless of beliefs but also to receive personal indiwdual support. 5.Honour roll programme used to re-engage young people with the reality of education and their transitional development Progressloutcomes 1.Delivered 2 eHoops programmes at Ulsler University, giving 40 young people access to the world class sporting facilities.This was a hybrid approach of both physical and online sess¢ons. 2.Delivered over 264 sessions and 480 hours of contact time with older adults across Belfast and ANBC. 3.Delivered our Future 4 one to one mentoring project to 84 young people 4.Delivered the Honour Roll Programmes to 48 primary schools across Greater Belfast with 1981 young people impa¢ted. Participating Scholars 1.To up skill scholars via a dedicated training programme. 2.To engage scholars in a project which rewards and recognizes acts.ve citizenship 3.SCL will attempt to uts.lise Scholars as sporting role models and University ambassadors 4.To provide scholars with access to post graduate opportunities Progressloutcomes 1. Eleven Victory scholars successfully completed a 10 day training and induction programme. 2.They passed all assessments required for coaching and outreach in the community. 3.The scholars were incredibly well received by participants in sports outreach programmes as well as programme partners. 4.All eleven Victory Scholars successfully completed their Masters programmes respecffully in each of their nominated colleges. Sport Changes Life Foundation Company Registration Number.. N1611158 Trustees. Annual Report forthe year ended 31 March 2023 Participating Communities 1.Partnership approach with local community workers, statutory bodies and NGB'S. 2.Introduce new programme to communities 3.Provide opportunib.es for community workers to be involved in training 4.Provide a new approach for communities to develop the use of sport and physical activty as a diversionary educational tool. Progressloutcomes 1.Working with 5 Housing Assoaations across Northem Ireland to enhance the delivery of programmes 2.Communications are ongoing with new communitles we have not operated in previously, increasing our presence 3.SCL provided training for the communities we engage with, upskilling staff and young people to become confident young leaders that can then contribute back into their community 4.Sport is still seen a very useful tool to engage young people and to establish opportunities to build sound relationships. Structure. governance and management of the charity Board meetings take place bimonthly, unless a special general meeting is required. The company will hold an annual general meeting once in each calendar year. Trustees are appointed for a hvo- year tem) and are eligible for reappointrnent after this term. In appointment of a CEO, the board must reach consensus on the CEO'S job description and undertake a careful search process to find the most qualified individual for the posttion. The board will ensure that the CEO has the moral and professional support he or she needs to further the goals of the foundation. The CEO. in partnership with the board, will decide upon a periodic evaluation of the CEO'S perfom)ance. The day-to-day responsibility for running the organisation is designated to the CEO. As stewards of the foundation. the board must actively participate with the staff in an overall planning process and assist in implementing the plan's goals. Objects of the Foundatton's Nl Board". -Determine the Foundation's Mission and purpose -select the CEO -support the CEO and review his or her performance -Ensure effective organtsational planning -Ensure adequate resources -manage resources effecb'vely -Determine and monitor the foundation's programmes and services -Enhan￿ the Foundation's Public image -Assess ts Own performance 10 Sport Changes Life Foundation Company Registration Number: N1611158 Trustees. Annual Report for the year ended 31 March 2023 The methods used to recruit and appoinf new charlty trustees 1) 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 to this end it is entitled to advertise and interview eligible candidates to be potential directors of the board. a) Successful candidates arising from the interviews shall be eligible for nomination or appointment to the board under the provisions of the articles detailed below. 2) A retiring trustee shall be eligible for re-nomination and election, under the provision of the Articles. 3) The Trustee shall be elected at the annual general meets.ng by the members present {in person, or through an authorised representative or by proxy). In order to be eligible for election to the board of trustees: a) Nominations from members eligible to vote will be taken at the annual general meeting. i) If the number of nominations exceeds the number of vacancies, election shall be by secret ballot. ii) If the number of nominations is less than the number of vacancies, further oral nominations may with the approval of the annual general meeting be invited from members at the said annual general meeting. b) The board of trustees is entitled to nominate those candidates selected in a¢¢ordance with the Artides of Association. 4) The trustees shall have the power at anytime to appoint any person, who need not be a member of the company , by co-option". a) To be a trustee to fill a casual vacancy. Any trustee so appointed shall hold office only until the next following annual general meeting and shall then be eligible for election. b) as additional trustees with particular skills andlor knowledge up to but not exceeding a number equivalent to one third of the elected trustees for the time being. Trustees so appointed shall hold offi¢e only until the next following annual general meets'ng and shall then be eligible for re- appointmp.nl as rn-nplp.rt trii8tppq Sport Changes Life Foundation Company Registration Number.. N1611158 Trustees. Annual Report for the year ended 31 March 2023 The policies and procedures for the induction and training of trustees The Chair will assist the CEO in ￿ndUCting new director orientation. A training programme will be developed to ensure that any newly appointed trustees will receive training on all matters necessary to enable them lo perform their duties effectively. Where the appointee is not sufficiently experienced training should cover a minimum of governance and management, equal opportunities, introduction to the history and activities of the organisation,sufficient explanation of the charities financial accounts and reporting procedures to enable them to exercise effective fiscal oversigh( explanation of all charity policies_ If the new trustee is to take an any specific duties. training in relation to these should be assessed. The charftys oryanisational structure The charity comprises a number of committees and working groups, namely. Finance Working Group Fundraising Working Group - Governance Working Group 12 Sport Changes Life Foundation Company Registration NumEer: N1611158 Trustees. Annual Report for the year ended 31 March 2023 How the charity makes decisions and how decisions are delegated Finance Working Group It is 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 drawn up in accordance with regulations sel out by the Inland Revenue. -manage the financial health of the Foundation_ -To agree plans for presenting and administering effective financial procedures. -To provide financial forecasts for the strategic development work of the Foundation. -To discuss and resolve any issues in relation to the management of charitable funds and to enable the Foundation to ensure such funds are made available for the foundation's programmes, as they are needed. -To prepare and present financial reports to the Board in advance of board meetings as required. -To receive and discuss financial reports from our accountancy support with the view to making recommendations to the Board on financial management. -To ensure transparency in all financial matters relating to Ihe Foundation. -To identity and recommend suitable individuals to manage financial matter. -To demonstrate strategic financial leadership on matters related to the strategic direction and operation of the Foundation. -In reaching decisions the Finance Working Group of the Board of the Foundation will have due regard to the impact and implications of all decisions on operations in Northern Ireland and the United States and the Foundation's commitment to ensuring equitable practices. -The Finance Working Group of the Board will meet annually unless otheThvise agreed by the Board. 13 Sport Changes Life Foundation Company Registration Number: N1611158 Trustees. Annual Report for the year ended 31 March 2023 Fundraising Working Group It is agreed that the Fundraising Working Group shall-. -Lead the fundraising activities of the Foundation_ -Prepare a short- and long-term fundraising strategy with specific goals and actions for approval by the board. -Prepare and present reports on fundraising to the Board. -Receive and discuss operational reports on fundraising activrties with the view to making recommendations to the Board. -Discuss and iesolve any issues in relation to the management of charitable funds and to enable the board to ensure such funds are made available for the foundations programmes as they are needed. -Identify and recommend suitable individuals to promote fundraising and donor prospects -oversee the coordination and promotion of the fundraising through a communications strategy thereby influencing key external stakeholders to assist In fundraising. -In reaching decisions the Fundraising Working Group of each of the area boards of the Foundation will have due regard to the impact and implications of all decisions on operations in Northem Ireland and the United States and the Foundation's commitment to ensuring equitable practices. Governance Working Group -It is agreed that the Governance Worf(ing Group shall ensure that the Board fuifils it legal, ethical and functional responsibilities through adequate governance by= -Designing appropriatè governance policies and procedures- -D8fining the role6 and responsibilities of the dire¢tOWo and its Working Groups., -Notifying the Board if it is at risk of falling below the number of directors required in the relevant constitution. -Monrtoring the Foundation's conflict of interest policy in relatron to its Trustees and Confirming that the Board duly observes the policy as set out in the Foundation's articles of association from time to time. -confirming Trustees appointed to the Board have been notified of and agree with the mission of the foundation and the expectations of directors. -confirming Trustees appointed to the Board have been n(rtified of and agree to the time and participation requirements of directors. -confirming elections and appointments to the Board comply with the consts"tution and other legal requirements. -Confimiing that Trustees have all financial and govemance knowledge ne￿SSary to discuss, debate and plan to achieve the Foundation's mission and goals. -monitoring the attendance and contribution of members. -Drafting governance policies and budgets for board development for approval by the Board. -Ensuring transparency in all matters relating to the Foundation. -In reaching decisions the Governance Working Group of the Foundation will have due regard lo the impact and implications of all decisions on operations in Northem Ireland and the Unrted States and the Foundation's commitment to ensuring equitable practices. -The Governance Working Group will meet annually unless otherwise agreed by the Board. 14 Sport Changes Life Foundation Company Registration Number. N1611158 Trustees. Annual Report for the year ended 31 March 2023 The Chief Executive Officer and other senior management personnel to whom day to day management is delegated During the year ended 31 March 2023 The Chief Execubve (CEO) of the charity was Gareth Maguire. In March 2023 Alan Teggart Was appointed Interim CEOIGeneral Manager and replaced Gareth Maguire as Chief Executive (CEO) on 1 November 2023. The trustees'bankers and advisors Bankers utster Bank Limited, Universty of Ulster. Shore Road, Jordanstown. Newlownabbey. County Antrim. BT37 OQB Financial review The charity's financial po$ltion at the end of the year ended 31 March 2023 The financial position of the charity at 31 March 2023 and comparatives for the prior period, as more fully detailed in the accounts, can be summarised as follows:_ 2023 2022 Net Income (80.467) (21.896) Unrestricted Revenue Funds available for the general purposes of the charity 179,576) 891 Total Funds (79,576) 891 Financial review of the position at the reportsng date. 31 March 2023 Incoming reSoUr￿S for the year ended 31 March 2023 were £187,155 compared to resources expended for the year of £267.622. Net reseNes at the end of the year amounted to £(79,576), this balance remains in unrestricted funds at year-end. In Ihé paÈi year. Sport Lhanges Lite has ta¢ed a net deticrt. retlecting the broader challenges confronting many charities as we emerge from the COVID-19 pandemic and navigate the ongoing rising costs and cuts in public funding. These external factors have significantly impacted our traditional revenues. 15 Sport Changes Life Foundation Company Registration Number: N1611158 Trustees. Annual Report for the year ended 31 March 2023 To mitigate these challenges, we have attempted to implement several cost-saving measures. We continue to streamline our operational processes, reduce non-essential expenditure where possible, and negotiate more favourable temis with our external partners. Despite these efforts. the economic pressures have still resulted in a net deficit. Looking fotward, we are proackn'vely addressing the need for increased income generation by explonng new Business Development optx)rtunrties. This strategic position is deS￿ned to enhance our fundraising efforts, develop new partnerships, and explore innovative revenue-generating opportunities_ We are confident that this role will play a crits-cal part in improving our financial stability and ensuring the continued success of our programmes. Policies on reserves Sport Changes Life financial aim is.- -To secure and sustain the Foundation's viability and future. -To give reassurance to the general public that Sport Changes Life, which is a charity, intends to use all of the money coming 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. -other funds are also included for the sake of clarity and openness and to show that Sport Changes Life has a policy for the management of all of its money not simplythose of which are defined as reserves. -we will seek to reach a level of funds. which ensures that the organisations core activity could continue during a period of unforeseen difficulty. As the organisation evolves. it is our aim to hold a minimum reserve to meet the above criteria. It would be our aim to hold reseNes policy in the region of £90.000 which. based on current activity levels. should be SLrfficient to maintain overheads for a sensible period. Availability and adequacy of assets of each of the funds The board of trustees is satisfied that the charitys assets in each fund are available and adequate to fulfil its obligations in respect of each fund. Details of The Independent Examiner William Wilson Member of Chartered Accountants Ireland William Wilson Chartered Accountants 25 Shore Road Holywood BT18 9HX Sport Changes Life Foundation Company Registration Number: N1611158 Trustees. Annual Report for the year ended 31 March 2023 Statement ol the Directors Trustees. Responsibilities The charivs trustees are responsible for the preparation of the accounts in accordance with the terms of the Companies Act 2006, the Charities (Northem Ireland) Act 2008. as amended and The Charities (Accounts and Reports) Regulations (Northem Ireland) 2015 In particular, the Companies Act 2006 and charity law require the Board of Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Board is required to "_ - to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). select suitable accounting policies and apply them consistently- make judgements and estimates that are reasonable and prudent" prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. state whether applicable a¢¢ounting standards and statements of recommended practi￿ have been followed, subject to any material departures disclosed and explained in the financial statements,. The law requires that the trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the chanty and of the surplus or deficit of the charity for the year. The Trustees are also responsible for maintaining adequate accounling records which disclose with reasonable accuracy at any ts'me the financial position of the charity and which are sufficient to show and explain the charty's transactions and enable them to ensure that the financial statements comply with the Companies Act 2006 and comply with regulations made under the Charities Act. They are also responsible for safeguarding the assets of the char5ty and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The Trustees are also responsible for the contents of the Trustees. report, and the statutory responsibility of the Independent Examiner in relalion to the Trustees. reporl is limited to examining the report and ensuring that . on the face of the report. there are no material inconsistencies with the figures disclosed in the financial statements. 17 Sport Changes Life Foundation Company Registration Number". N1611158 Trustees. Annual Report for the year ended 31 March 2023 Method of preparatlon of accounts - Small company provisions The financial statements are set out on pages 21 to 40. The financial statements have been prepared implementing the FRS 102 SORP {Statement of Recommended Practi￿ for Accounting and Reporting by Charities) 2015, las amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or afler 1 st January 2019), (The SORP). and in accordance with the Financial Reporting Standard 102. {effective 1st January 2016) These financial statements have been prepared in accordance with the promsions in Part 15 of the Companies Act 2006. applicable lo companies 5ubjeGt to the small companies regime. This report was approved by the board of trustees on 14 June 2024. Dr S Tharmaratnam Director and Trustee 18