HMRC Ckrlty NIC104876 Cowp•Dy n•mber. N16l1652 SALT FACTORY SPORTS SALT FAcfoRY SPORTS (A ¢ompny limited by gurnte¢) Unudited Trnstees, Report *nd Fin¢1•] Statements for the year ended 31 2022
SALT FACTOR Y SPORTS (A compatty limited by guarantet) CoDteDts Page 9-10 seMen( of FiDaticial A¢tivities Ststrmettt of Fllwlci Positi 12 Nirfes to the Financwi Sra*ments 13-18
SALT FACTORI, SPORTS (A ¢ompaDy limited by gllArnts¢) Leg1 nd AdmiDiSlIvt IDfonD¢io HMRC Charity N•thber NtCl04876 Compy Re¢lstrtloD N•Mber N1611652 Busin Addruj CIO Trinity Meth1 B128 2GU CIO Trnity Mdl¥yJi# Clurrh Co Aotrim B8 2GU Trustets Mr Martin Prtt ITlSUrer) MrGlem) Emer Mrmerw J Sharjn MT Pder Smfford {r¢S1¢d IW03n0221 Mr Philip Mitchell (Ttsigned 02112Q021) MrTh(lI Grethaway lawlted 27105r2022) BAnker Bf28 IYS Ind¢ide•l FI4*] ErnIner MrJuwhan BetheL FCA
SALT FA(IORY SPORTS (A COmP4D) iimiled b). guiir#Dtee) Report of the Trustees {iDcorporating the Directors, Report) for the year ended 31 August 2022 ChlnM'J Reyitw Wbile the year 31 August 2022 Ixgao with some Covid-19 restmioos #ill in plxt. we are very thankful that signifiTty. We hav¢ h1 ¢nw in God ¢xpand as wc navigatrd arrirky path overth¢ wl¢ of y¢•ry Akng wtth ¢xisbng p•rti¢ir•ty it Iw beth yrto s¢¢ * Attge of itivolvèl a8ain demotistratirJ8 the Deed and demaDd fw wlw we do the quality of what sraff does daily. IAKally we tregan w¢xk in two new E.ryimary S(blS S)n% ther PE ar#J RE k5 using th¢ relatishIpS built with pupi15 thcrc to all Ea4cr f(Krtto11 rnP 7hlKf¢ we 5barrd th¢ G¢)sp¢l Iwxty along with Tw[til highly-skill waEhiDg wiws. In KoyN w¢ ran Ekv. Our{1]ne ab¥h ttlutiM atsd leadership prO)le atsd wert also able to ithp hundr% of ¢oxhts xmss Fast Afri¢athT (fLline discipleship Jass¢s and m¢nwriDg. We were very pleased to be able ro nm a SUnLmerm15St(ms wOgrMe and pthcrdwith scvcrnl schTr) Chwch¢s. and ihcr ClThlian (Yganisation& 5urh As Summ¢r to run rhildren'5 and ytyjth clubs attd ¢•nps. It W¥ STr to see volunte¢rba ¢xpJd to klp us rwi th¢5e tlLth alldtoseethe havin8 lots of sm and Kames. atsj leamtti8 a BiThie stthy e%h day. We are very thankful lo dpth"Eated and hardwi¥kll¥ ¥ff who go kn Axl in th¢ir It W45 ly extitirt8 able to app)itit a He1 of PerfomiaD¢e in November 2021 who h&$ able to acceleTaie the IMr we are having in high-level spm ar¢Jd the wwhL Alan is ¢XP¢Ti¢nced coach. ro ator. aDd missionary. 3nd FKings 3 wdth of knowl¢dg¢ and ¢Xp¢r]v with him. We were akn able to tske a HeJ of Spiritual Fomhation atrj Missiimwry Ttainillg aChur¢h attd Commutiity S[ voiuDteer as missionaries fmm the USA. for whicb we art very gr*fvl. lift up to ¢xh day. G.5 answt0 lY¢r 15 alway5 timcty and that H¢ isthe we ¢a Ttty on. Christopher M¢Vltlk 23 Mar¢h 2023
SALT FA(oRy SPORTS (A compn> limited b). guarante¢) RepDrt of the Trnstees litt¢orportillg the Directors, Report) for the yur ethded 31 August 2022 The TrSt$ pr¢%ni th¢iT and the unwdid faDelaI Statetn the endtd 31 AuguA 2022. The truses who are also Ditecthrs of SALT FACtORY SIDRTS forth¢ of (LpY law and who served duriti8 the atd to th¢ date of this TeFKYr are srt pa8t l. As a cknity, the Botrd ts Strud4rn, G•)venwbte MAmgememt The organis is a ¢baritsbJe t(Mhpny limiwd ty guTdne. with Compgnies HO on 9 Matth 2012 (N16116521 and re8i#ered &% a cknity wtth th¢ Chrriry Ci¥nmission forNLYthern Ireland on 9 June 2016 (NIC104876). The ¢p8Y w&8 esli5j OfA55]ItIon whith tsrablisJ the obj¢rt5 and wiw¢r5 of th¢ charnable crnip8Dy is gotrtn its Arti¢ks of A10. The Dircct£¥5 of th¢ company aT¢ aJ50 chty trustres ftythe of dlty lai¥. All gsv¢ theirtim¢ voluntarity and ¢eiv¢ no bafits frotn the cbariry. Metlbod of Appointmt#t or Eleetiom ofTroJttts A$ srat¢d in the Memoranthjm ofAssociatiow no PErsoD shall bn¢ 4 b0fthc Trust unless have ¢ompl¢td an aFplirion for membership ID a fm arwjved by the temifyitig iti Ivriling their Miwion St•teme•t Using sport lo brmg p¢opl¢ together. bjild [tmshipS set pe4)It of all agts bkne ¢nthy5i4i follower5 of ChTi who ar¢ living Cbristian lives. PurwAes #Dd ObJe¢tiweJTrublic Benefit As S 4wi in eompany's articles of&$soci1on the Tnut is ¢511h fwcharithk PJTPW5 onty. splf1(alty to advance the Christian ttli8ion using amaffur5F as aD effecu.ve m¢an5 of tr818 people The establishmtht and dev¢i(ynffll of Churcb imsed MIDW training Fyogrammes. Th¢ Frovision of (h thcatiOTh ser¥i¢es: The pr(xbotiM of Christian valu¢s: •KI Th¢ pr)0110 of l%althy livin& Public ts a Je8ai rtquiremcnt of ev 1wmizatiÉ esrab1Jsh with charirable rtjectives and the blK benefii reF#Xting ÈD we5entin8 the ¢knity's aDd r<hi¢Vutllts. Th¢ Tru5t¢w 4¥r wnfidtnt th The ftnatscia] statements e thowD th pges I l and 12 and shId btre&J in conjunaiM with the nsxes on pag¢5 13 to 18. Th¢ direai)T5 are coDtrDr with the futial results ftytheyear itt a d¢ficttof £7J18
SALT FACTORY SPORTS (A compan). limited b) guar1£¢) Report ofthe Trusttts (incorpDrA¢ing the Dirtttorj, Report) for the yMr eDded 31 August 2022 (2021.. surplus £15.5521 )d ti cthititiuts mailltsin a 111ve tash F)siiion. The AnY t¢ing acharity re¢ognized by HM Revenue WMI CuMoms has no liability ¢{[tion tsx tts clwritable tivitses. The y 31 A881 2(M)22 rttletttd the investhent in new #aff and xtivithes in the F-panI1I¢ riod it anri¢ipgtyJ cbwiry will iYe4k evem in 2023 &5 a r¢suh of this with UitiwI knity aDd FuDds Htld AS Cust(di•D No funds ar¢ h¢ld a5 fustodim on bdwtf of GoiDI CoY¢r The yearto 31 Au8USt 2022 4aio be with a th8ree of tt[al as in the laA quOf 20215(Kn¢ of our tAmers want&1 artturn 1vIlle5 while others were #ill he5irant to m¢¢t flf¢. We wu¢ eagerto roll out some of w new progrmjes and regjme tgaging with childm yth]ng peqTrl¢, attd adults TOSS N. Ir¢land to b¢ awar¢ of wbat Ourp5 and FwtiCIPts wanted. From to Decemtrr2021, owThmities were relivety limEt•A for us w engage with ChurdK5 and wiiforn¢d QTganiswion5. h0O15 Wgf QPV3ting pretty much as they wcre Prple. Frctn January 2022 Mwards it seemed % if of our hJ retLwDed Dumai ptiviiies aDd so we wert gladty abl¢to run our fu]1 rallge ofrwes. Ru¢rv¢s Polky Coosideriti8 the •Atiable and fixed cThwitmenL% the TnL#ees have established a rcs¢rv¢s liCY to allow th¢ charity io be managed effeaivety ajd w¢nsur¢ unmtcrrw d¢livu) of th¢ rknity's attivitse5. A Kerteyal ru¢TV¢ ¢qualing to six months of iryKrationai costs should k maintained. The [d bas projections for the apryopriate amouttt of SerV ott the b&sis th the reserves ID Thjr tatI raDge wwld pYovid¢ 5hort4¢Tm ll¢f uniil long-irn 501utions cstsbli5hd Ai 31 Au8VSE 2022. th¢ u[eStricted Resthves were £97,01 I whictrL r¢pr¢5¢nts 6.5 months of Olal of this resetve Till likely be used to fce an increase staff iti the fththcotning y. Atll¥ttltJ Udtrtake& to Akve ObJttlivts Salt Factory Sm ts a Chrimian minisuy was eMbli5ha spIficallY to ¥JvaTh¢¢ th¢ ChTiStsh reli8ioo by using sporrs 1Vill¢S a5 eff¢aiv¢ Jn¢aD5 of lyingwgmk ¢ther. lidin8 l#l(L1p$ and (reiD8 OPFXXtunith¢s for ¢vaTrg¢lism and discipleship. The yeu 31 A8 2022 agam with a t¢0( As in the l%t quwterof 2021 siMDe of(Ar FWtD¢T5 WA a return to inyr50n activttie5 wbile uther5 weTf 111 he5[1 to med face-Uf¥t. We were eager to mll S) s(Mne of our rw prOgrme5 and TegThe engaging with childr¢n. young people and ll% N. hNI t(} k aware of w4Jat IM]r tthKr5 and TWtKipants wartted. From Septemtr DtcetnFKr 2021, oppmttthities were relatiwety limited for ellg4e with Ch¢5 ar¥J unIf(¢d Iwnlsatiolls $ChL% were orffiiin8 much asthey were [TrP97¢. Fr¢Mn January 2022 Tange of progThmme5. ID (kth2021 •m of Aff •KI vobJner5 wer¢eX¢itl0 w#kly Play Believe Live club with &. Columb&'s Pr¢SbY ChuTrh in tht Old warrt estste itt Listr. We SUFPXted the ¢hiidren in livitig a active atsl beaithy lift#yle by ieJirLK irts of fijn 8atlle& 4xrfts and xriviiic5 with thcm. h¢lp¢ the Church engage with ther kKa] ciKnttLunny by wovthg Ttfre5hmcnts and mft tivibes for pamts whose children were at the club, atwj improvcd th¢ ¥irittwi un(kNlg aNI growth of the (iidren &8 they lenj i¥Mrt th¢ pjrabks of Jesus dI0Verj that Gtyj keeps his wxnists 0tts His childre. FTtm NovfflJb¢r 2021 to Marth 2022 we led (M-off Xtivitits for Boys. Brig*Je c(ffjPgnie5 in Ban.
SALT FACTORY SPORTS (A ¢ompD)' limited b). gua1) Report of the Truytees (incorporating the Dir¢rtora' Report) for the year ended 31 August 2022 team aLso shaytd thetr faith st(ry or gav¢ afjospcl pYt5entation. We a]so 5UmXYted youth clubs in Liskn. mo4 and Killough as they reh out 10 18ety unChuh childrett a1 young Fe[¢. We ran a range of aDd games. all of whith they realty cnjoy¢¢l andagall) were able to thvekw theii spiritsjai wellthing by Sharing Bibl¢ truths the end of exh evenittg. Developirt8 re]atiOn5hips with Ial h0O]S is vitalty imwrni and we Stsr4X)rt Fort Hill Inte Prirnllry by wetkty hockey wioThs. UnfLYwnaty. the aDTrua] kntkey for LiSn Primary Schools didn't Djalai18t, much to the disa1¢nl of llil. We a150 surVed Lisnagatvey High S¢hwl by nttknhitL8 PE ¢las5¢& wAEhing foottydl. hÉKkey aDd banthjl &% well a5 1¢4ing 5Fxwts aoviii¢5 w their 5chcol sports day. Grt4t Telati(thip5 W< Iwiit with th¢ p115 and we r) a fiM)thail CAMP for gtrts (hwingthc E&51cr tffeak, 20 girls attend. They thj(ryedth¢ r¢)xhin& fun compttirions aDd game& &d hed a ¢halloging Bible ta]k day. We were thett able to th¢ giT15 Wrth a IIKaJ Church YJth Pa#(r. We also led whole.00] &wmblies at F¢Jrt Hill IrÈte8rattsl PriEll and Bal1)Th Primary Sch1. Many 5¢hwJs haYe'InthJctiL Days. to help new get to know on¢ 4noth¢r. make new friends and feel at home in their tknv sclthl. We SuPrn Lisnagaryey Hi8h ScbooL lauretbill Cotttmunity Coli¢g¢ and lThe Royal Sch1 running thtse fun 1Vty day5 them. The pupkls were i0volv itt a with range of 5wts aryi garn¢s aThJ seemed to e4Jjoy getting 1Ve and getting to know th¢ir p. mÈnistries from ar(vmd the gl(th. Thcse line sessions were for a Yall8e of purrx)sts in¢luding coath education, ortrM-one discipleship It tsatDing in ¥KYrs wJtyeactrdevaD8elism. This iocreased the skill knowl¢dge of coxhes helF¢d Churches better ¢wtheir kK41 CommrE1e5 •KI irDwov•J the sptritswl well-beittg of all involvd. coaches atwj some no[nit Cbriyians wrthin this group have repeatttlly heard the Gosp¢l. W¢ will SL {Lkc 2022) complete (yjr seed tdK>rt of roxh¢s wth a Graduation a1 Attar c411. (kn key paJkner5hip5 ' Ky? aTt with Dvo organiwioLs- MYSA aThd Kenfoca- Frf)th have x£e5s w huge gTOUPS of coaches with wb¢Jm we aye now I8[[18 to train aNi we have also sthrd with Kenyart Premier Lcague clubs dtredty 10 train and educa ther the$. This al tDvolvcs v¢ry ¢)bYi¢)us evangel. either as a wholt growj. or one-0tht. We have chos¢n and are in the e$S of discipliti8 attd trainin8 6'muttipli¢rs' w (kliv¢T our course5 acmss Kthya withtD 18 r¢gioThaity, Cburchts ert84e with their tottununiti¢5 and tu helpiDg andequiputh at 1 kv¢l5. God has also opened rny Zambi& Firs( we W IIX) attcnd ourimline clas5es- 7 of whom accerd Christ Rec¢ntty, w¢ were able ro deliver courses in peTrt wÉth around60 ¢oxh¢5- 10 of whom gave thew lives Jesus. We have a key strthgir prn on the grwnd in Athles in Artion, who are alteady dis¢ipli]Jg th¢ nrw conv¢n5. Some of these Tt¢eni ¢1vats will be traitKd w b¢wThe muiiipli¢rs- encour others to healthier lifeAyle5. irnFKiJv¢ th¢r 5priDJal well.being arwj help equip atsd trattt coathe5. Zimbabw¢, we r¢tlY atl Ioofthe FA'S Cwh r• •CAF C IK¢o¢¢ Cour5¢ With 25 coxhes aJ)d deliver¢d a u)¥h Fthge for oneof Har8re's bi88e# ¢lubs illvolvittg 150 pl#yu5 and 10 coxhes. Agaio we have a key parbJer5hip with a minLWy H8Tvesters ID Swi- wbo seekingto i&ntify a Small of Spirit.filkd men who will b¢wn¢ mhIleTs. Thi5 will comFrtxmd a growiDB love of 4x)rL heahhiv lifc4ylc4 andthe further development of tbe$ r(wth¢ whol¢ . Moldoyi ha5 been and wtll crnrinue to be a key w¢ wwk 5tyatrgirnlty with our long4ernJ there. We kd roxh cwses oniiDe. then wÉth rlub5 Jnd the country and will bexome key training p4rtn¢T5 UJ a Spffis Trainillg Hub ttt pt5htp with Athl¢t¢s in Adion. W¢ will be helpiDg ltter traiti tohty enc4)ury¢ of a]1 ages a1 abilities to lead a more tive and heAtthi ]ifestyle. improv¢ th¢ SpIlal w¢lb-b¢ing of the ¢oth atsd thtirpkaytts attl tiaiti Churthcs ¢0 b¢ rn¢ involved in Chrtstiart outre** itl thetr lorai wnrnuniiie&
SALT FACTORY SPORTS (A eomp4n>" limited b). guarADttt) Report of tbe Trusttts (incorporating the Dir¢¢tor4' R¢pDrt) for tbe year ended 31 August 2022 We 50 worked ottlirte. thert itiFrw with cbJb5 and sm ]ver5]lIeS EstMia alld POL h¢lping their COAche4 and theth with our mirki5uy parw. Edg¢ sPj for long.ttrni discipleship. We were dElight¢d to Iwo I1 coxhe5 give their livts to (kn¢ h&5 $iD¢¢ tnultipliryj kd his firn spiriwa] well-ktD8. It wi8 extiling to b¢ abk to Tun (ojr sllDmw¢lub5 •Dd mis8ins agaux withwtxy Cov1]9 rtstrictl plxe. We sellt a sma]I team to Ath& Gre, with cos[tVE5 io leJiDg stANt8 d IMrtre¥h t1vits with refv8tts and &sylum seekers. In June w¢ i¢d a wttk ofSFKrts xtiviiies and BilTrle tsjks itt SthwLs acr055 Li8burn tttcluding Baltym¥asK Fon Hill Iniegratyl Brown]ee, Killowen Old WoJraJ. Thw w¢ck we also ran Play Believe Live clubs ttt the evtsity with Swiow Street MethoJiA Church aDd Ba]lYM$b Comnjunity C¢Thtr¢. Towardsthe end of June. we r80 ylmrth and childr¢Th'5 clubs Iskndmagee Presb)trin. Its ail of thtse. th¢ rhildr¢n w¢r¢ very they len&J Dxrfe Bib]e tnmhs Churrh¢s mwk 8T¢at Co[¢¢t10Th5 in their Ial ¢ommullities. omwirions, Cbristiath wwksh(ys al semllw5 aThl a rn entrnainmeni WO8Twnme eath evenittK. It w$ peat to 5¢¢ so many ywig pie involv ill Iwrattiviti¢5aTwlIKw I¥£ tr4m of voluntrc15 keen w eD8a8< ch atsd In Juty we rin aD(rfIKrwttk.kng Play Believe thilthty's club in Fth Hill Inlctyed Prim DrnIng and with Si. Colutnba's Probytvw evcning. The SL ColumFA's club concluded with leT5 tsking th¢ Sunday service &Jd a chutth trbe4ue to whith ajl thc d)iitheD aDd theparents were helpiti8 them to onncrt with the Chur¢h. We also ran a mu]ti-SPXt ¢atnp High SthLW)l we were overioytyj wbett two 14-Year)d gts gav¢ the lives w Jesus as a resuh of atteDdtllsthe tau. They 3r¢ now Involv in th¢y4yJth gTOUP of the al chLw¢h that partDtsI wi¢b usth week. We also ran weeks of multi-5P)rt rlub5 in BaJiygow4m Pre5b)ryrn Churth in wbi¢h the childttrt p]ay¢42 diffcrent spjns and gatnes each evettitig trkfore h¢4riDg a Bbi k w. Th¢ Church was excitrd th make Tm¢Ction5 Wrth of chi]dren and their parthts who oth¢rwi5e attend Churth. (kn plaDnin8 for a Sryts Mrttisty TraInu College ID N. Ire]aDd is aL%o well A2Vay w•$ m Bcing able to engage directty with Fople after ahknost Iwo y¢w5 of COVID-19 re5triaions has terrific and we aye 8Tatthl for th¢ Iywwwniiie5 Fffovthj ftyus w le1 xtivitits to shaTt the G(xMI N¢w5 of J¢su5 with many ple. We pay that g(Kxl %¢d live5 will contin w bear thiii and we J01¢t with t WIK> hav¢ trusted jes as their Lwd atsd Savityr. Th¢ inwtd spiriDJai well.t¢ing of ow particlt& their wtng love of SF4Jrt and an xrive lifestyle. the better-trained aThJ th¢ ChwdJ¢s more willing w be itivolvtyj in th¢ir i(KaJ communiiics will be of trtsefit for tthatty y¢5 to oxn¢. Aehltvtth¢•ts Performamte IJJring the year I Swe]JJb¢r 2021 ty 31 Augwt 2021 we have xhiev&l the fo . tliring a He1 of Perfomlallce to l¢i arO gTOW OWWLYk ID this ar . taking OD a Head of Spirit[ F1MatIon and Missiwary Trdinin& - tsking on a ChUh dnd CotDmunity Swt full-titne voluDtetr, fed¢rJiions le1 a TaDge of srNxLS Pti¥ities attd pvwamrn¢5 and to shr¢ th¢ Goyl.. . wrtin8 (uxittt¢) * k*stOn a w¢ck ID 10 P•8¢ 6
SALT FACTORY SPORTS {A comptty limited b). gu4rall¢ee) Report of tbe Trusttts (iDcorporting the Direetors, Report) for the year ended 31 August 2022 - seemg ch11th youth and ath]ts %iviti8 thtir livu to k. . &v¢loping rel10n51ps and working with new rtDH5: . wwing ow Elevate Ch &lu¢atiou cour5¢ in K¢ny•w¥J rmss E4A AfrK4' - kadÉng many summer Clubs and misshons., . leadirtK onlin¢ r¢wh and th"scipl¢stLiP Classes in 12 countries: and . coniiniiii18 to pjan fw the of 4 Ministy Tr1% Colkge S¢M$ or edUr h8ve estsbli%hed to mitigate th¢ risk5 th¢ f¢$. Risk5 to thernal fiEnding bave led to th¢ IkY¢kyn¢nt of a 5tratrgic Pl which will allow fwthe di¥ttsifJcion of fthiditig ond tivities. ternai Contml risks are minimistil by the impiwn¢ntthm of Fr{X for authorisaMI of all traDsac(ions and FqQjCLts. Pr]reS and liCieS are in ple to ensurt th¢ h¢alth 4nd of ail v0h¢T5, coxhes k involvtd xtiviiie& These d plitsare ]Qdalty rviewvj to ¢nsuTt they continue to meet the of the tknity. Pl1 for F•tsrt Yur With mu¢h of i>ur ci>mmunty overthe Jasr ye4r5 ID PthS1P with s¢knL8 atsd Churc we now lieve that G(Kl is cailirt8 US itito wi¢ of th¢ wMkn-r¢xhcd 5PX¢5 UJ wr kKal community. We p]att to d¢v¢l(y relationships and leJ suitsble sFxwts activities with th¢ disabk¢L the h¢)m¢1¢&5. the unemploJ'e¢l off¢ndn ar.risk w]ulr& Ttfuw &sylum seektts atsd emxs-C(rnunity wiips. (hK¢ r¢lionship5 hav¢ We aLso plan ots thvekppiti8 (wr mge of (wtr¢xh l¥ll1e5 w include rDCrt FY08Taes that d¢v¢loping the physicaL spiritsJa] attd etiK¥1ith of young p¢(yk's liv¢5. som¢thing there's alr a ma&4iv¢ d¢Tnand flx. Nlolthv& This will improv¢ th¢ Mandard of coxhin& aThd the spiriwal well.beiDg of the eohes a% we sp time 5hariDg the Go5[ wtth them. attd help Wticitnts I a rn0 1¥¢ lif¢5tyk for ILKLger. W¢ will uMtmue to Pl fwthe opeDiD8 of a Spyts TrniniThgColkg¢ (¥imiDg ftyJU 20241 and will Ststemet OrTrtte1. Respomsibilili Th¢ (who ar¢ 8150 direa1rf5 of SALT FACTORY SPORTS fiK the pury)xe of w) reSpl1b]e fortxwit)8 the Trte$. Athlluaj R¢tKwl 4nd th¢ firwKwI 5thtemrnts in with applic*le w and Unid Kingdotn ACC118 SthDdards (United Kin8thm Gen¢rnity A¢¢¢Nfyl A¢¢4xmling Pr11¢¢1. fair ¢W of th¢ stste of affair5 of the cbantsbie ciMnpaDy aDd of the itt¢omitig j¢t5 attd 4wlicati(xJ of observ¢ th¢ aNi Fnncrpies UJ the Charities SORP.
SALT FAoR%. SPORTS (A company limited b) gu¥irDtee) Report of the TThstees (incorporating the Directors, Report) for th¢ yer ended 31 August 2022 chan"tsble will ¢(mtinue in ixtsMKss. titllt the r]naThrial w5iiion ofthe charitabk UXDpany aThJ enable them to enre that the fmaDcial 5Trwnents ompiy with the C(knpattits All 2(. llw. are akn ItspSIb fw feguard% the assets of th¢ charttsble Small cOmpY Provisi 15 of the CompJi¢5 Ath 2(KJ6. On b¢haif of the bcétd 23 M¥rth 2023. a"0 L* Chthopher GrnBt
SALT FACTORY SPORTS (A compan) limited by guarantee) lTrd¢p¢Dd¢nt Ew•in¢r'g Report to the TruJte¢g of SALT FACTORY SPORTS I report (M) the f¢711 Sements of the for the year ended 31 Augu 2022 which are set out on pages 11 to 18. Respeetive rtspowibiltties of tr&#ee8 ex1#¢ As ihc clwity truCeS land also the dirccics of the company for the pu of compmny law) you art reskN)nsible forthe weparation oftheattounts in acwrdance with the requirements ofthecompanies Act 2(K>6. Having satisfted myself the charity is not subixt to alI1 under e(mPony law. and is eligible for indynd¢ni examinatio 1¢ is my r¢sFwibility to: examine the xcounts under seaion 65 of the Charities Ad (Nththrn Ireland) 2(KK8. follow the treS laid in the general Direrti given by the Charity Commission forNorthern land under tIOn 65(9Xb) of the Chariiies ACL at¥J Bsis ofimd¢p¢nd¢nt repDrf I have exarnined your charity &s required under se¢iion 65 of the Charities Act and rny ¢umination was carricd out in accordance with the 8¢ncrnI Dircrtions given by the Charity Commission for Northern Ir¢land und¢r wiion 65(9Xbl of the Charities Act. Th¢ exominaiion includd a review of the accounting cords kept b). the charity and a comparison of the faounts presented with those records. li also I[ud¢S consider8tion of any Unu&l itans or disclosure5 ID theaKcounL% atKI seekin8cxpltintitions from ytyj &s Charity trustees con¢ernin8 an) such matters. My role is to stste whdherany material er$ have wne to my aitention givin8 me Ca to believe.. l. That COllg rec$ were tK)t kw in XC0rd vlith Secti 386 of the Companie5 Art 2006 2. That the xcounts do not accord with those x¢(4mting 3. That the do n( compty with the x¢ouB requirements of sethion 396 of ts Companies Act 2006 and with the methtwjs and prIlpIeS of the Charities Statement of Recommended Pra¢ti¢e applicable to charities preparing their accounts in accordance with the FiDaDcial Rewrtin8 Standard applicable in the UK and Republic of Ireland Independemt ststememt I have complet1 my examination and have in re5PXt of the matters (I I to (41 listed alK)ve and. ' connection with following the Dire¢iions of the Charity CoMmissic for Nonh¢m Ireland I have found no matters that require drawin8 to your attention. Th¢ nLs FMge5 13 to 18 fonn Frftof finffj¢ial stst¢m¢hts Pag¢ g
SALT FACTORY SPORTS (A ¢ompany limited by gVarnDtee) This rew>rt is made solely io the company's Trust as a IK, in ¥¢the with section 6513Xa) of the Charities Act (Northern Ir¢land} 2008 aThJ regul81ions made unthr section 66 of the Act. My WOTk has ten undertaken so that I might state to the cunpan). s TTuMees those matters l arn requird to state to them in an Independent examiner's rewrt and for noother purtw. To the fullem exteni pern)irted by law. I do not accept of assume responsibility to anyone ¢xIrth8n th¢ ¢omEMny and the company's Trustee5 as a W. for my work LY for this rew)rL Mr JoDthth R Betbel FCA Miscmpbell & C 24 Maryh 2023 The Dcrfe5 pa8ts 13 18 form an ujtwjl of thcs¢ fmancial Pa8e 10
SALT FACTORY SPORTS (A company limited by" gugrante¢) Statement ofFinaneial Artivities For the year ended 31 August 2022 1022 Total IDcoming rew¥rces Invesoneni incune Voluntsry Inc(1¢ 74.165 95,647 74.165 103.167 99.7 11,4(A) 7.520 Affliviiies Tr69,817 7.520 177.337 lilJ9 Rtsollrr¢s e¥pnd¢d Charitabk a¢tiviti¢s Cosi ofgeneratirtg funds Total resooretj rtptttdt 177.142 7.513 184.655 94,532 177.142 7.513 184.655 95.077 Net movtmeot lo funds Opettitti 8•lw¢ •¢ 1 SeptrMb¢r Transfer (7.325) IiMJ36 {7J181 I(,436 15,552 90,884 li Closing Ba]atsce at 3t Au8LtsI 97.011 2.107 99.118 106.436 All of th¢ relare to tinUID8 l¥ll1e& PaKe 11
SALT FAcfoRY SPORTS (A company limited by guarantee) CompDy Number. N1611652 Statement of FiD•n¢il Position at 31 August 2022 2022 2021 CurreDt wstts 2.654 104.208 97.024 99.118 106,802 426 Cr¢dttorJ: a•OM•ts fAIIIA¢ d#t wlthlw o•tyear t•rrent •Met5 99.118 106,436 Nrt wets 99.118 106.436 A2 2,107 97.011 2,1(KJ 104,336 Total lu•ds 99,118 106.436 For the fmwiai Ywcndu 31 Au8USt 2022 the ¢(InFY entided tXemr( S#¢ion 477 of the CompleS Act 2( [allg to St11 ((panIes. No memters have wired th¢ to otAaiD an audit of its tsthe ye4reDded 31 AW 2022" ord4nr¢ wnh section 476 of the CotnpwJi¢s Aa 26. The dire¢thts kthowkdg¢ th¢wr¢¥TrI ¥ility fwtompty1 with the ryiremeDts of the Aa with r¢•to rcouniÉDg records ad forth¢ Erywall( of xcwi The financi81 ts l 110 18 werewoved by th¢ tr¢$ 23 MarcFL 2023 and si8tttiJ th¢Irbdlf by.. ¢r M¢Vittie Chlrnatt Pw12
SALT FAcfoRY SPORTS (A COMnY limited b). guar1¢¢) G¢nerl imformatio Sali Factory Sporr5 is a charnable CrlnpY guarne. The crrtnpany ts tDcorrAcd in Northern Ireland has th¢ compwjy number N1611652. Th¢ coMFY is registertd with Charity C¢)mmission Nl and ha5 the charity numtxr NIC104876. The registered office ¥kJr¢ss is Bail)Thxoss Avenue, LisEx]rn, B728 2GU. Th¢ FrI1paI 1¥1 of the tompany Continu w be tThnOting the Christian lIgIon using amatellr sp)n as an efftrtive meaDs of iyinging F¢Lyie ether. bAildin8 T¢i1p5 and ¢ED8 ov1ltieS for evattg¢lism and disciplesh4J. bthh iti N(wth¢rn {relaThJar#lo$. Attouttting litIeS The princuJa] attoutttittg p)licits arE SUtDm8ris&l beknv. The Wblicie5 have been applied ¢onsis¢¢ntty thTghJt the yand irt the FY¢rding ytw. The ¢LpaY is a going Th¢ dweethrs not believe th Bsi¥ 0[¢0ting •nd Statttyt of Compliwe The fmantial 5wcmcnts have Wry#Ttd in xc(¥dan¢e with the Charities SORP{FRS 1021. Accoting and Re8 by CbarÉts¢s.' Sthmeni of Ree<onrna¥kd F1¢t aFvlioble to tharitie5 prwing their accounts in accLYdance with the Financial Ryning Stantsd applicabk in th¢ UK Republic of btlaDd IFRS 1021 leffective l Janwy 20151. the Fir111 Sthndard appli¢4ble in the UK and R¢wblic of IrtIa[ IFRS 1021 and the C(xnpanie5 Act 21Kh5. Sth StKrfts meets the def111l of a public beoefft etttity FRS 102. Assets and liabiltties w¢ Th¢ fmancia] staments t prsffjtryj ID StrrliD81£). The k1 of wurthg 15 £1. C1107 The clwity h45 tak¢n lvantsgeofthe in FRS102 frigll the to 2J. Imcomiy r¢x)Mr All llKomirtg rr5(XWf¢5 are included in the swemtht of fllwKia] xtiviries when the charity is entiil¢d to the following wifjc wTrlicits ate 4plicd topartKutsr ¢a4wits of incom¢.' rjtw)Ci ¥tiviiics when Te¢eivabie. Grnlts whar ¢niitiemenr is ¢oThJitIa1 on the deliv¢ry of a 5pecifi¢ rf¢Thance by the charity. ate ryi5¢d wlKn the clwity trt4)mes uncondiwwlty en11r] 10 the 8T8llt. thtsated servir¢5 and fxiliiie5 are inclutsj at th¢ the ¢knity whert thi8 be quantifi¢d Th¢ vatue of s¢rvices provided by ¥oltsnte¢r5 has t¢en inclu. Gifv ¢klI¥j are ill¢b &$ iDtomi08 tSOu within xtivities for8erJeratttig fu]Jd5 when tlKy are sol 2A. Resourrys eipettded Exwditurc is recogniwj an b¥is •$ • li•bilrty is 1J. Exp iti¢h¥ks any VAT wtich cannot fvity reeovtht aThJ is tArt of the expg1djwlo whlch ii rela. Costs of 8therating purpo5¢s. Chanthble exFeDdiwYt co5 irKurrtil bj the tharity th the d¢livcry of Lts XIiVLties aDd servth fw its b¢n¢ficiuies. li ÈDcluths IAxh t05ts be a]kK4tyJ dire£(ty tiviti¢s Jnd those of ext*ndititrethJ th¢ (thi¢Ltives of the aDd iti¢1 woJ¢a managemenL Page 13
SALT FACTORY SPORTS {A eompAtty limited by guarantee) 2& IkbtOTS l ¢]ebts CrAldered doulthl of colkaico. 2.6. xt bank x•d in h•d Cash at bartk and uj hand in¢tudcs skn-ternx highty liquid inve5uneDrs with a sh(rft thaknity of thr onths or le55 the date of 4uisitw of thedeposii4xsimiJar 2.7. Libili¢its Liabilities art reco8Dised whcn thcrr 15 an oblil( at the BalatK¢ shrrf d a5 a resulr of a evthL it is Y(thl¢ atransferof ec(01¢ btnEfit will b¢ r¢wwed in settlemthL and the arnowit of the seu]emeni wi be estimaod reliabty. Liabililics are recogDJs&J at the th¢ rorrLPW arrticipatts it will m ¢0 sc¢tle the or the it The company onty has fin¥JKial assets fallncial liabilTiies of a kiDd that qualify & E45i( financial sln]m¢nts. Basi¢ fmaDcial itt5trum¢nts iniriaity [lSed tranwion va]u¢ and bSequent measu1 usiTrg the effectiv¢ uJl¢r¢51 methl. 2.9. Pemsio p4yJble by the ch¥ity to the firyl iD r¢sF¢rtof the year. 2.111. F•Dd •c¢ow•¢l#g The charity has VaTiLWS of f f(x 7birh it is r¢spJnsible which reqllire sperific dI109]re. A defLnition of the VaTityJS tyT¢s of funds is as follows". UtirtStrid¢d ujwme fund5 are funds wbith are expajdab at the di5cMion of th¢ trustees in fththetance of th¢ Jims of the charity. Restri¢ted fvnds ar¢ prnounrs 2.11. Crilicl Egtimies Ar of JudgMDet FAitllat¢5 and judgements are eMttDualty evaJuJt¢d ar¥J are on histhric4t exrrtrienr¢ and other fxt((5. uJcludill8 expectation5 of futur¢ events that t lIeVed to ir reasonabl¢ der the CiT¢llmth£ts. Page 14
SALT FACtORY SPORTS {A tomp4Dy limited by guarantee) Noteg to financial statements for the year ended 31 August 2022 VDlunlry imcome 2022 Total hnd5 Dds 64.177 1.654 8.334 74,165 64.177 1.654 .334 74,165 62.524 32.282 4,958 99.764 CJKS Grant (Fwlwh) Miscellan¢ou5 Im¢oming rejollrees eknritabk #divitits 2022 Total 2021 Tot1 Fmwls F¥mds CMnity SFKWt NI Community s[ World 95.547 95.547 9.510 1.950 95,647 7J20 I03.l67 Pwis
SALT FAcfoRY SPORTS (A ¢otDPDy limited by guarantee) l¥oteJ to financial ststements Tor the year eDded 31 August 2022 Cknritablt leWIll¢S 2022 2021 Fu#ds fts#th Salaries &Jd Wa8e5 Community Sport Wwkl Community SlNI 110.551 10,551 3,965 44.6 4.447 7,365 742 2.142 956 75.330 5,388 3.479 5.158 4.447 7.365 742 2.142 956 From10 attd JvertisiDg Perfonn4nce s¥[ World Travel costs Staff Tr4ining 4Th1 Intrrnships Trnining and stAKts equipntht Perfornwice NI Satt FOry Sw>n5 Kenya 622 656 125 622 656 125 3,548 202 799 12 3.548 2.762 202 177.142 7.513 184.655 94.532 Antysig of Res¢17¢ted SFS KtDy# Srt World At I September 2021 1.69) 410 2,1 7,520 (7.5131 (3.9651 (3.5481 TrdnSftrt(frQm} Ure fuDds At31 AW 2•22 2.185 78 2.107 Imdepemd¢nt ¢mIr,9 r¢mMDernth 21)22 Total 2021 Trrtal Pzt 16
SALT FACTORY SPORTS (A company limited b). gurn¢ee) Notes to financial ststemtnts for tbe year ended 31 Augus¢ 2022 Txtio The chffj's l¥l[leS fall wTrthitL the by the wovtsioDs of the ItKI •Dd Cwti io. Debton 2022 2021 2.654 Creditors: mo•mts fUimg dlle tl o•e ye 2022 2021 426 426 12. Amatygts of et betsFttn Mds Futtd bthur¢5 at 31 August 2022 areryeseDt*l ty: 97.011 2.107 99,118 CuTrni li4bilitiC5 97.011 2.107 9).118 P•y 17
SALT FACTORY SPORTS IA ¢ompny limited by guaranttt) Notes to fiDDrial Jtstements for tb¢ yegr ended 31 August 2022 13. Comp•ny limited by gwJr#tte SALT FACTORY SPORTS is a limtt¢d ty guarzne Jd x¢c(diTh8ty dces have a share capital. Every memberofthe cijrnpany ke5 attt ]nay be requ1 w th¢ assets ofthe Iwitable comwy in the e¥eDt of its beitigivixjnd Twhile he Lrshe is amember. or within oneye4raft¢r h¢ ¢x she ¢ea%es to b¢ 4 14. dum8 the year in r¢spea of their servicts the Stsff Costs 21122 2021 l(hS.747 73.835 551 sor7[ S¢curity c05 110551 No etnphy¢e Tettiv•J • * grea £MJ.(W. Is. FiM•¢ll Instruments 21J22 97,024 104208 l& UllimAtr comtrollimg Iwty P*gt 18