Sports Orthopaedics Research Foundation Charity Accounts

COMPANY REGISTRATION NUMBER: 07337113

CHARITY REGISTRATION NUMBER: 1177769

Sports Orthopaedics Research Foundation

Company Limited by Guarantee

Unaudited Financial Statements

31 August 2026

Sports Orthopaedics Research Foundation

Company Limited by Guarantee

Financial Statements

Year ended 31 August 2026

	Page

Trustees' annual report (incorporating the director's report)	1

Statement of financial activities (including income and expenditure account)	2

Statement of financial position	3

Notes to the financial statements	4

Sports Orthopaedics Research Foundation

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report)

Year ended 31 August 2026

The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 August 2026 .

Reference and administrative details

Registered charity name	Sports Orthopaedics Research Foundation

Charity registration number	1177769

Company registration number	07337113

Principal office and registered	36 Dene Road
office	Northwood
	Middlesex
	HA6 2DA

The trustees

	I McDermott
	N Clark
	C Evans-Evans
	H Atkinson
	A Parry

Company secretary	M Anthony

Accountants	Hardcastle Burton
	Chartered accountants
	36 Dene Road
	Northwood
	Middlesex
	HA6 2DA

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

The trustees' annual report was approved on 14 September 2026 and signed on behalf of the board of trustees by:

I McDermott

Trustee

Sports Orthopaedics Research Foundation

Company Limited by Guarantee

Statement of Financial Activities

(including income and expenditure account)

Year ended 31 August 2026

	2026		2025
	Unrestricted funds	Total funds	Total funds
Note	£	£	£

Income and endowments

Donations and legacies	5	5,000	5,000	5,275
		-------	-------	-------
Total income		5,000	5,000	5,275
		-------	-------	-------

Expenditure

Expenditure on charitable activities	6,7	8,468	8,468	6,984
		-------	-------	-------
Total expenditure		8,468	8,468	6,984
		-------	-------	-------

	-------	-------	-------
Net expenditure and net movement in funds	( 3,468)	( 3,468)	( 1,709)
	-------	-------	-------

Reconciliation of funds

Total funds brought forward	11,700	11,700	13,409
	--------	--------	--------
Total funds carried forward	8,232	8,232	11,700
	--------	--------	--------

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

Sports Orthopaedics Research Foundation

Company Limited by Guarantee

Statement of Financial Position

31 August 2026

	2026	2025
Note	£	£

Current assets

Cash at bank and in hand	8,232	11,700
	-------	--------
Net current assets	8,232	11,700
	-------	--------
Total assets less current liabilities	8,232	11,700
	-------	--------

Funds of the charity

Unrestricted funds		8,232	11,700
		-------	--------
Total charity funds	10	8,232	11,700
		-------	--------

For the year ending 31 August 2026 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

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

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

These financial statements were approved by the board of trustees and authorised for issue on 14 September 2026 , and are signed on behalf of the board by:

I McDermott

Trustee

Sports Orthopaedics Research Foundation

Company Limited by Guarantee

Notes to the Financial Statements

Year ended 31 August 2026

1. General information

The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is 36 Dene Road, Northwood, Middlesex, HA6 2DA.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Companies Act 2006.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

There are no material uncertainties about the charity's ability to continue.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.

Incoming resources

All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income: - income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably. - legacy income is recognised when receipt is probable and entitlement is established. - income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. - income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.

Resources expended

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates: - expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods. - expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities. - other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.

All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.

4. Limited by guarantee

The company is Limited By Guarantee, having no share capital.

5. Donations and legacies

Unrestricted Funds	Total Funds 2026	Unrestricted Funds	Total Funds 2025
£	£	£	£

Donations

Donations	5,000	5,000	5,275	5,275
	-------	-------	-------	-------

6. Expenditure on charitable activities by fund type

	Unrestricted Funds	Total Funds 2026	Unrestricted Funds	Total Funds 2025
	£	£	£	£
Promotion of sports orthopaedics research.	8,000	8,000	5,000	5,000
Support costs	468	468	1,984	1,984
	-------	-------	-------	-------
	8,468	8,468	6,984	6,984
	-------	-------	-------	-------

7. Expenditure on charitable activities by activity type

	Activities undertaken directly	Support costs	Total funds 2026	Total fund 2025
	£	£	£	£
Promotion of sports orthopaedics research.	8,000	468	8,468	6,984
	-------	----	-------	-------

8. Staff costs

The average head count of employees during the year was Nil (2025: Nil).

No employee received employee benefits of more than £60,000 during the year (2025: Nil).

9. Trustee remuneration and expenses

No remuneration or other benefits from employment with the charity or a related entity were received by the trustees.

10. Analysis of charitable funds

Unrestricted funds

	At 1 September 2025	Income	Expenditure	At 31 August 2026
	£	£	£	£
General funds	11,700	5,000	(8,468)	8,232
	--------	-------	-------	-------

	At 1 September 2024	Income	Expenditure	At 31 August 2025
	£	£	£	£
General funds	13,409	5,275	(6,984)	11,700
	--------	-------	-------	--------