SPORTING HERITAGE COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
08190081 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2024

Period of accounts

Start date: 1 September 2023

End date: 31 August 2024

SPORTING HERITAGE COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 August 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

SPORTING HERITAGE COMMUNITY INTEREST COMPANY

Directors' report period ended 31 August 2024

The directors present their report with the financial statements of the company for the period ended 31 August 2024

Principal activities of the company

Sporting Heritage delivered a significant number of activities in support of the community during this financial year. Began a sector wide National Lottery Heritage Fund programme including a substantial number of community grants to be delivered over three rounds. Delivered a programme of training and workforce development. Delivered a successful National Sporting Heritage Day. Increased access to heritage for diverse audiences via social media and specific campaign activity. Increased awareness at policy and funding level by developing strategic partnerships and engagement activity. Delivered a programme of digital content support. Concluded a scoping project for British Canoeing looking at the development of collections and future opportunities. Continued to deliver the Strategic Framework for the Sporting Heritage of Wales.



Directors

The directors shown below have held office during the whole of the period from
1 September 2023 to 31 August 2024

Justine Reilly
Katie Cavanagh
Hugh Maclennan
Kevin Reilly


The director shown below has held office during the period of
1 September 2023 to 20 January 2024

Paul Goodman


The directors shown below have held office during the period of
20 January 2024 to 31 August 2024

Amerdeep Panesar
Allison Simpson


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
27 February 2025

And signed on behalf of the board by:
Name: Justine Reilly
Status: Director

SPORTING HERITAGE COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 31 August 2024

2024 2023


£

£
Turnover: 120,270 131,001
Gross profit(or loss): 120,270 131,001
Administrative expenses: ( 121,386 ) ( 127,624 )
Operating profit(or loss): (1,116) 3,377
Interest receivable and similar income: 26 349
Profit(or loss) before tax: (1,090) 3,726
Tax: ( 708 )
Profit(or loss) for the financial year: (1,090) 3,018

SPORTING HERITAGE COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 August 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 603 1,354
Total fixed assets: 603 1,354
Current assets
Debtors: 4 6,424 1,270
Cash at bank and in hand: 4,955 39,773
Total current assets: 11,379 41,043
Creditors: amounts falling due within one year: 5 ( 1,814 ) ( 30,939 )
Net current assets (liabilities): 9,565 10,104
Total assets less current liabilities: 10,168 11,458
Creditors: amounts falling due after more than one year: 6 ( 174 ) ( 350 )
Provision for liabilities: ( 48 ) ( 72 )
Total net assets (liabilities): 9,946 11,036
Members' funds
Profit and loss account: 9,946 11,036
Total members' funds: 9,946 11,036

The notes form part of these financial statements

SPORTING HERITAGE COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 31 August 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 27 February 2025
and signed on behalf of the board by:

Name: Justine Reilly
Status: Director

The notes form part of these financial statements

SPORTING HERITAGE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SPORTING HERITAGE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 4 4

SPORTING HERITAGE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 September 2023 3,593 3,593
Additions
Disposals
Revaluations
Transfers
At 31 August 2024 3,593 3,593
Depreciation
At 1 September 2023 2,239 2,239
Charge for year 751 751
On disposals
Other adjustments
At 31 August 2024 2,990 2,990
Net book value
At 31 August 2024 603 603
At 31 August 2023 1,354 1,354

SPORTING HERITAGE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Debtors

2024 2023
£ £
Prepayments and accrued income 6,424 1,270
Total 6,424 1,270

SPORTING HERITAGE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 August 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 664
Accruals and deferred income 1,814 30,275
Total 1,814 30,939

SPORTING HERITAGE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 August 2024

6. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Other creditors 174 350
Total 174 350

COMMUNITY INTEREST ANNUAL REPORT

SPORTING HERITAGE COMMUNITY INTEREST COMPANY

Company Number: 08190081 (England and Wales)

Year Ending: 31 August 2024

Company activities and impact

Sporting Heritage delivered a significant number of activities in support of the community during this financial year. Began a National Lottery Heritage Fund resilience programme to support our organisation and the sector we serve including a significant community grant support programme Delivered a programme of in person digital training and networking for those organisations with sporting collections and also created supporting resources, films and podcasts Ran a successful National Sporting Heritage Day campaign Delivered individual one to one support, advice and guidance Delivered a succesful Sporting Heritage Awards Continued to deliver a programme of strategic support for Wales sporting heritage in partnership with the Welsh Government Developed a sponsorship programme to support increased ability to deliver community grants and support the sector

Consultation with stakeholders

We continue to work driectly in support of the sector we serve and our stakeholders. This year's activity builds on the UK wide stakeholder anaylsis we condcuted last year to establish sector need and any gaps we could support over the coming years. Our community include heritage organisations, sports clubs and governing bodies, local history groups, community groups, health and education professionals, sports individuals, private collectors, schools, universities, and the general public. The stakeholder anaylsis has informed the creation of a new three year strategic plan which we began delivering this year. It has allowed us to assess the needs of the community we serve, and put into place outcomes which can meet their needs and proivde targeted support.

Directors' remuneration

The total amount paid to directors in respect of qualifying services was £46100. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
27 February 2025

And signed on behalf of the board by:
Name: Justine Reilly
Status: Director