THE ODDBALLS FOUNDATION


Directors	KENNEDY, Summer Jane, Dr
	LEE, Daniel
	MILLER, Emily
	WARD, Stuart David
	WHITESIDE, Simon


Registered Address	Unit L3 Intersect 19
	Tyne Tunnel Trading Estate
	North Shields
	NE29 7UT


Registered Number	09842464 (England and Wales)

Balance Sheet as at
31 October 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		1,883		1,953
Tangible assets	4		22,610		28,263
			24,493		30,216
Current assets
Debtors	5	36,488		189,093
Cash at bank and on hand		378,448		83,532
		414,936		272,625
Creditors amounts falling due within one year	6	(7,756)		(89,968)
Net current assets (liabilities)			407,180		182,657
Total assets less current liabilities			431,673		212,873
Net assets			431,673		212,873
Capital and reserves
Profit and loss account			431,673		212,873
Reserves			431,673		212,873

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 27 July 2026, and are signed on its behalf by:

WARD, Stuart David
Director
Registered Company No. 09842464

THE ODDBALLS FOUNDATION

Notes to the Financial Statements
for the year ended 31 October 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by guarantee and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Revenue from sale of goods
	Generally income is recognised when all the following conditions are satisfied: • the Charity becomes entitled to the resources; • it is more likely than not that the Trustees will receive the income; • the monetary value can be measured with sufficient reliability Grants and donations are only included when the income recognition criteria above are met. Legacies are included when receipt is probable, that is, when there has been a grant of probate, the executors have established that their are sufficient assets in the estate and any conditions attached to the legacy are either within the control of the charity or have been met. Donated facilities or services would be included at their estimated value and the corresponding expenditure is included in the appropriate heading. Where there was no financial cost borne by another party for the provision of the donated facilities then no income has been recognised.

Revenue from sale of goods

Generally income is recognised when all the following conditions are satisfied:
• the Charity becomes entitled to the resources;
• it is more likely than not that the Trustees will receive the income;
• the monetary value can be measured with sufficient reliability

Grants and donations are only included when the income recognition criteria above are met.

Legacies are included when receipt is probable, that is, when there has been a grant of probate, the
executors have established that their are sufficient assets in the estate and any conditions attached to the
legacy are either within the control of the charity or have been met.

Donated facilities or services would be included at their estimated value and the corresponding
expenditure is included in the appropriate heading. Where there was no financial cost borne by another
party for the provision of the donated facilities then no income has been recognised.

	Defined contribution pension plan
	The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.

Defined contribution pension plan

The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.

	Intangible assets
	Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Straight line (years)
	Vehicles	5

2.	Average number of employees


		2025		2024
	Average number of employees during the year	4		4

3.	Intangible assets

		Total
		£
	Cost or valuation
	At 01 November 24	2,443
	At 31 October 25	2,443
	Amortisation and impairment
	At 01 November 24	490
	Charge for year	70
	At 31 October 25	560
	Net book value
	At 31 October 25	1,883
	At 31 October 24	1,953

4.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 November 24	28,263
	At 31 October 25	28,263
	Depreciation and impairment
	Charge for year	5,653
	At 31 October 25	5,653
	Net book value
	At 31 October 25	22,610
	At 31 October 24	28,263

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	-	144,250
Other debtors	29,655	44,843
Prepayments and accrued income	6,833	-
Total	36,488	189,093

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	5,566	86,149
Taxation and social security	1,678	2,446
Other creditors	512	1,373
Total	7,756	89,968