The Institute Of Sports And Exercise Med - Charities report

REGISTERED COMPANY NUMBER: 00856222 (England and Wales)

REGISTERED CHARITY NUMBER: 313301

Report of the Trustees and

Financial Statements

for the Year Ended 6 August 2025

for

THE INSTITUTE OF SPORTS AND EXERCISE

MEDICINE

Page

Report of the Trustees

1

to

2

Statement of Financial Activities

3

Balance Sheet

4

to

5

Notes to the Financial Statements

6

to

9

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 6 August 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

ACHIEVEMENTS AND PERFORMANCE

Review of Development, Activities and Achievements during the year.

The Institute continues to have thee meetings a year. There are plans to increase the fellowship base to reflect a wider involvement in Sport and Medicine.There is also an ongoing education role and a series of seminars involving schools and young people's activity programmes have been planned.

The Institute also continue to support the British Association of Sport and Exercise Medicine at their annual congress.

Review of Financial Position

Limited resources continue to restrict the Institute's activities and it has had to seek new sources of financial support for its aims and objectives during the year.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Objects of the Charity

The Institute is a charitable company limited by guarantee. Its principal object being the promotion of sports medicine through teaching and research.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

00856222 (England and Wales)

Registered Charity number

313301

Registered office

2 St Mary's Road,

Tonbridge

Kent

TN9 2LB

Trustees

Dr C P Crosby Doctor Of Medicine

Doctor H Fitz Clarence Lecturer/Consultant

Professor N Maffulli Professor

Professor D L H Patterson Consultant Cardiologist

Professor G P Whyte University Professor

Dr. R Weiler Consultant

Dr. O H Ahmed Doctor

Dr. C Hornby Doctor

Dr S Colegrave Company Director

Dr Z Williams Doctor

Dr S Griffin Doctor

Company Secretary

Approved by order of the board of trustees on 29 April 2026 and signed on its behalf by:

Dr C P Crosby - Trustee

2025

2024

Unrestricted

fund

Total funds

Notes

£

NET INCOME

-

RECONCILIATION OF FUNDS

Total funds brought forward

34,886

TOTAL FUNDS CARRIED FORWARD

34,886

2025

2024

Unrestricted

fund

Total funds

Notes

£

FIXED ASSETS

Tangible assets

4

58

CURRENT ASSETS

Investments

5

27,402

Cash at bank

10,675

38,077

CREDITORS

Amounts falling due within one year

6

(3,249

)

(3,249

)

NET CURRENT ASSETS

34,828

TOTAL ASSETS LESS CURRENT LIABILITIES

34,886

NET ASSETS

34,886

FUNDS

7

Unrestricted funds

34,886

TOTAL FUNDS

34,886

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 6 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 6 August 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a)	ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 29 April 2026 and were signed on its behalf by:

C P Crosby - Trustee

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 6 August 2025 nor for the year ended 6 August 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 6 August 2025 nor for the year ended 6 August 2024.

3.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

fund

£

NET INCOME

-

RECONCILIATION OF FUNDS

Total funds brought forward

34,886

TOTAL FUNDS CARRIED FORWARD

34,886

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 7 August 2024 and 6 August 2025

2,279

DEPRECIATION

At 7 August 2024 and 6 August 2025

2,221

NET BOOK VALUE

At 6 August 2025

58

At 6 August 2024

58

5.	CURRENT ASSET INVESTMENTS

2025

2024

£

Listed investments

27,402

6.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Other creditors

3,249

7.	MOVEMENT IN FUNDS

Net

movement

At 7/8/24

in funds

At 6/8/25

£

Unrestricted funds

General fund

34,886

-

34,886

TOTAL FUNDS

34,886

-

34,886

Net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

TOTAL FUNDS

-

8.	RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 6 August 2025.