REGISTERED COMPANY NUMBER: 06035141 (England and Wales)

REGISTERED CHARITY NUMBER: 1118887

THE JASON ROBERTS FOUNDATION

(A COMPANY LIMITED BY GUARANTEE)

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

Page

Reference and Administrative Details

1

Report of the Trustees

2

to

6

Statement of Trustees' Responsibilities

7

Independent Examiner's Report

8

Statement of Financial Activities

9

Balance Sheet

10

Notes to the Financial Statements

11

to

21

TRUSTEES

J A D Roberts (Founder)

D Regis

C Hamilton

J Tongue MBE

K Robert (Treasurer)

R Jama (Youth Trustee)

COMPANY SECRETARY

V Roberts

REGISTERED OFFICE

The Pavilion

Stonebridge Recreation Ground

Hillside

London

NW10 8LW

REGISTERED COMPANY NUMBER

06035141 (England and Wales)

REGISTERED CHARITY NUMBER

1118887

INDEPENDENT EXAMINER

Cox Costello & Horne

7 St John’s Road

Harrow

HA1 2EY

CHIEF EXECUTIVE OFFICER

O Roberts

PRINCIPAL BANKER

National Westminster Bank

72-74 High Street

Watford

Herts

Depot Code 040

WD17 2GZ

WEBSITE www.jasonrobertsfoundation.com

The Trustees, who are also Directors of the Charity for the purposes of the Companies Act 2006, present their annual report with the financial statements of the Charity for the year ended 31 December 2025. The Trustees have adopted the provisions of Charities Statement of Recommended Practice ("Charities SORP") (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland; FRS 102) issued in October 2019 and Financial Reporting Standard (FRS) 102 (effective 31 January 2022), together with the reporting requirements of the Companies Act 2006 and the Charities Act 2011. The Charity has adapted the Companies Act formats to reflect the SORP and the nature of the Charity's activities. The Charity is a public benefit entity.

Since the Charity qualifies as small under section 383, the strategic report required of medium and large companies under The Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 is not needed.

The purpose of this document is to report on the Charity's activities during the reporting period in order to meet its legal responsibilities as both a charity and a company limited by guarantee, and to demonstrate how the charity works toward achieving its objectives and aims.

OBJECTIVES AND ACTIVITIES

Objectives and aims

For the benefit of the public generally and, the inhabitants of the London Borough of Brent and surrounding areas in the United Kingdom and Grenada in the Caribbean -

-

To promote community participation in healthy recreation by providing facilities for the playing of football and other sports capable of improving health ("facilities" in this clause 3 means land, building, playing kit, equipment and organising sporting activities);

-

To provide and assist in providing facilities for sport, recreation or other leisure time occupation of such persons who have need for such facilities by reason of their youth, age, infirmity or disablement, poverty, or social and economic circumstances or for the public at large in the interests of social welfare and with the object of improving their conditions of life;

-

To advance the education of children and young people through such means as the Trustees think fit in accordance with the law of the charity;

-

To relieve poverty and financial hardship through such means as the Trustees think fit and, through the provision of:

-

Goods and or services to such individuals, associations, organisations, or other charitable bodies who could not otherwise afford such goods and/or services through lack of means;

-

Financial support, coaching or training as may be appropriate for the general purposes of such individuals, associations, organisations, or other charitable bodies in each case as the Trustees may from time to time decide; and

-

Promote and organise co-operation in the achievement of the above purposes or any of them and to that end, but without prejudice to the generality of the foregoing, bring together in council representatives of other charities, voluntary bodies and statutory authorities engaged in the furtherance of the above purposes or any of them within the area of benefit.

Public benefit

In planning and reviewing the above activities, the trustees have given careful consideration whether they have complied with the duty in section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission.

The Jason Roberts Foundation (JRF) core services, funding and good practice information and advice, volunteer recruitment and training are available to all voluntary and community groups in the London Borough of Brent largely free of charge. In this way we indirectly provide public benefit to all sections of the community including ethnic minority groups, people with disabilities, older people and children/young people and many thousands of residents who benefit from services provided by groups we support.

Increasingly over the years we have also undertaken projects which benefit the public directly, for example, working with residents on local estates by supporting unemployed local people to gain work experience through volunteering as well as promoting community integration through events and activities.

Grantmaking

JRF is not a grantmaking charity but may act as intermediary between grantmaking organisations and the individuals who benefit from the grants.

ACHIEVEMENTS AND PERFORMANCE

Charitable activities

Our key achievements 2024/2025

Some key highlights by JRF over the last 12 months have been:

RESTRICTED FUNDS

-

Young Brent Foundation provided funding for the Young Women's Diversionary Project supporting girls at risk

-

Hyde Housing Association provided the third instalment of a 3-year grant for our 'JRF in the Community' project supporting residents of all ages, and a one-off grant from their 'Surprise Fund' for a summer community event

-

London Borough of Brent funded Brent Community Health Checks through Brent Health Matters, as well as commissioning JRF to host two Cultural Cohesion Events, and two 'Our Freedom' community events, and a one-off event to mark the launch of their Youth Strategy

-

Wembley National Stadium Trust provided the final two instalments of the second year of funding of a 2-year grant to support sports delivery, volunteer development, equipment, and enhancements of Bridgestone Arena

-

The Professional Footballers Association (PFA) gave a third donation specifically to support our Walking Football and community health programme, and to provide opportunities for community engagement to ex-professional footballers

-

The Premier League launched the Players' Pilot Programme, a year-long project engaging current and former professional footballers and members of the community, in sport and positive activities to advance cohesion, personal development, and skills

-

Wates provided funding for the work JRF has undertaken in relation to the Football Heritage project in the Church End area, as well as the first milestone payment to support our work in some local schools to green up their outside space

-

The Edward Harvist Trust Fund provided a one-year grant to support our 'Brighter Futures Club' working with children and young people with special educational needs and disabilities

-

Behind the Brilliance through Sport England provided match funding to support our ongoing 'Empower to Achieve' Heritage project

-

England Rugby and the Mayor's Office funded 'EmpowerHer' provided continuation funding for a second year to continue delivery of a girls' T1 Rugby project

-

Rugby Football Union (RFU) provided funding to also support delivery of the 'EmpowerHer' girls' T1 Rugby project

-

John Lyon's Charity provided funding for the second year of a three-year collaboration project with JRF, Alperton Community School, and Us Charity

-

The National Lottery Community Fund funded a project to provide a Weekend Sports Hub to support additional opportunities for sports engagement, particularly for young people

-

The National Lottery and Sport England through their Movement Fund, provided a grant to encourage more girls and women to engage in sport and undertake training & coaching qualifications

-

JRF joined a collaboration of local voluntary organisations through London Sport and funded by Sport England, to 'Test & Learn' community engagement in sport, movement, and physical activities. The initial year is a pilot and may advance into a second and third year of funding to activate what has been learned

UNRESTRICTED FUNDS

-

Bakkavor Meals London held their 4th Cricket & Family Fun Day raising funds to support JRF's work in the local community. All donations made totalling a magnificent £36,900 were subsequently donated to JRF

Fundraising activities

Our programme of fundraising will continue to grow by building on successful programmes that align with the aims and objectives of the Foundation, and continually developing the project model, enabling more people to benefit. The fundraising strategy has been created in line with the rebranding of the Foundation to ensure we are engaging and supporting the wider community, young and old.

FINANCIAL REVIEW

Financial position

The Statement of Financial Activities for the year ended 31 December 2025 and the Balance Sheet as at 31 December 2025 are set out on pages 9 and 10 respectively.

The surplus at the end for the reporting year was £2,991 (2024 - £27,093 deficit).

Incoming resources were £360,967 (2024 - £220,288).

Outgoing resources were £357,976 (2024 - £247,381).

Net current assets were £5,852 (2024 - £2,861).

Principal funding sources

JRF principal funding sources are mainly derived from charitable trusts and statutory bodies by way of grants.

Reserves policy

Introduction

The Charity Commission recognises the need for charities to hold sufficient reserves to secure their viability beyond the immediate future and to protect themselves against future uncertainties. It recommends that charities should be able to demonstrate, by reference to the charity's current position and prospects, why holding a particular level of reserves is right for the charity at the present time. Responsibility for establishing an appropriate reserves policy lies with the trustees of the charity.

The charity's reserves are allocated to two different types of funds in its financial statements:

Restricted funds

These funds relate to unspent money from grants and other incoming sources where the funder has specified what the money must be spent on, and the trustees do not have the power to use the funds for other purposes.

Unrestricted funds

These funds relate to unspent money from grants and other incoming sources where the funder has not specified what the money should be spent on thereby granting the trustees full control to spend on general activities which further the objectives of the charity.

The following relates to the level of unrestricted funds, needed by the charity.

Reasons for reserves

Unrestricted reserves may be needed to provide cover and security in the following events:

-

any salary, administration, accommodation, and support costs, without which the charity could not function, in the event of a loss of or reduction in funding

-

any notice and redundancy costs should it be necessary to reduce core staffing levels, or if project staff cannot be redeployed when funding comes to an end

-

any working capital when funding is delayed or paid in arrears

-

any deficits arising on restricted funds

-

any unbudgeted events such as sickness, maternity leave, recruitment to fill existing posts, unexpected replacement of capital items

-

any other risks and unforeseen expenditure which may arise that are beyond the charity's control and cannot be met from existing income

Policy and procedures

The Board of Trustees has reviewed the level of reserves needed by the charity and agreed that:

-

the charity should aim to hold unrestricted reserves which are sufficient to ensure an orderly wind-up process and will normally exceed one month's estimated operating costs (defined as expenses excluding any partnership payments) for the organisation during the following 12 months

-

should reserves fall below the stated level, the Board and the Chief Executive will endeavour to raise additional unrestricted funds as a matter of urgency, or take steps to reduce operating costs

-

the level of unrestricted reserves should not exceed 25% of the charity's total annual expenses. Should reserves significantly exceed this level the Board will draw up a plan to use any additional reserves to invest in development of the charity and long-term sustainability

-

a summary of this reserves policy and a statement regarding the current level of reserves will be included in the charity's Annual Report, as required by the Charity Commission's SORP (Statement of Recommended Practice)

Reserves review

The level of reserves and the potential wind-up costs will be reviewed annually by the Board of Trustees, and charity's financial position will be monitored by the Board on a quarterly basis (unless financial circumstances require a more urgent change).

FUTURE DEVELOPMENTS

Our key targets for the next 12 months include:

Infrastructure:

Jason Roberts, MBE resigned as Chair of the Foundation effective from the 6th June 2023 and will be referred to as the Founder and Patron.

Trustees: As planned, we have recruited our first Youth Trustee, Ridwaan Jama, who has grown up attending JRF sessions, has volunteered to support staff and coaches, and has proven himself to be a responsible Ambassador for the Foundation. 'We still need to bring additional trustees to the board to diversify the skills base. In particular, the recruitment of a trustee with significant city/business connections is desirable and will continue to identify further suitable candidates. This process continues without financial investment to an external recruiter.

Fundraising:

We continue to establish a more diverse economy for the Foundation, including statutory grants, grant making trusts, earned income and corporate sponsorships. The latter two are essential to create an unrestricted reserve for the Foundation and a "buffer" for the future.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Jason Roberts Foundation (JRF) is a company limited by guarantee without share capital, as defined by the Companies Act 2006. The company is governed by its Memorandum and Articles of Association, originally adopted by special resolution dated 21 December 2006. The Memorandum and Articles of Association have since been amended and the latest governing document has been adopted by special resolution dated 11 January 2008. The company is registered as a charity, dated 19 April 2007, with the Charity Commission.

The company has no share capital, but in the event of the company winding up, the members have undertaken to contribute a sum not exceeding £10 to the assets of the company. Trustees are not members as individuals and therefore do not hold guarantees.

Recruitment and appointment of new trustees

The Board of Trustees (Board) comprise a maximum of 14 trustees. Of these, a maximum of 9 trustees are elected by full members of the charity, and a maximum of 5 may be co-opted, having regard to their relevant qualifications and skills. One third of the elected trustees retire by rotation at each annual general meeting and may offer themselves for re-election. The appointments of co-opted trustees are reviewed annually by the Board. The Board is expected to meet four - six times a year.

New trustees are given an induction by the Chair and are provided with an information pack outlining JRF's activities. In addition, new trustees are invited to visit JRF's offices for a meeting with the Chief Executive and introduction to staff. The Board considers the trustee, staff and volunteer skills and training needs.

Organisational structure

The Board is responsible for the overall management and direction of the charity. The Board take all major financial, organisational and policy decisions. The Board meetings receive regular project progress reports and quarterly financial management reports. The Board agrees an annual Action Plan (setting priorities for the year ahead) and receives an annual Performance report (reporting achievements on the previous year). The Board agrees all new staff posts and receives copies of annual appraisal reports on each member of staff.

Day to day management and operational issues (including approval of purchase orders and invoices) are delegated to the Chief Executive.

Wider network

The trustees maintain a network of contacts in the London Borough of Brent (LBB) and surrounding areas through the delivery of various services, projects, and programmes. In addition, a wider network of contacts is made through membership, consortia arrangements and partnerships in the aforementioned areas.

Risk management

JRF has a formal Risk Assessment analysis which is reviewed annually by trustees. This covers financial, staffing, management, and operational risks.

In common with other voluntary organisations, JRF has had to respond to changing financial circumstances and maximise the benefits of funding opportunities as they arise. However, it has also adopted a more strategic approach to funding to minimise the risk of significant variations in the organisation's income from year to year and has adopted several measures to reduce levels of unanticipated risks and ensure (as far as possible) longer-term financial stability.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 30 October 2026 and signed on its behalf by:

J Tongue - Trustee

The trustees (who are also the directors of The Jason Roberts Foundation for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) including Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

Company law requires the trustees to prepare financial statements for each financial year. Under that law, the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).

Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to

-	select suitable accounting policies and then apply them consistently;

-	observe the methods and principles in the Charities SORP;

-	make judgements and estimates that are reasonable and prudent;

-	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

I report to the trustees (who are also Directors for the purpose of company law) on my examination of the financial statements of The Jason Roberts Foundation ('the charitable company') for the year ended 31 December 2025 which comprise the Statement of Financial Activities, the Balance Sheet and related notes.

This report is made solely to the charity's trustees, as a body, in accordance with section 145 of the Charities Act 2011. My work has been undertaken so that I might state to the charity's trustees those matters I am required to state to them in this report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for my work, for this report, or for the opinions I have formed.

Responsibilities and basis of report

As the trustees of charitable company you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the financial statements of the charitable company are not required to be audited under Part 16 of the Act and are eligible for independent examination, I report in respect of my examination of the charitable company's financial statements carried out under section 145 of the Charities Act 2011 ('the 2011 Act') and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

An independent examination does not involve gathering all the evidence that would be required in an audit and consequently does not cover all the matters that an auditor considers in giving their opinion on the financial statements. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide. Consequently, I express no opinion as to whether the financial statements present a 'true and fair' view and my report is limited to those specific matters set out in the independent examiner's statement.

Independent examiner's statement

Since the charitable company's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of ICAEW which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1.

accounting records were not kept in respect of the charitable company as required by section 386 of the 2006 Act; or

2.

the financial statements do not accord with those records; or

3.

the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the financial statements give a 'true and fair view which is not a matter considered as part of an independent examination; or

4.

the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

Michael F Cox FCA

The Institute of Chartered Accountants in England and Wales

Cox Costello & Horne

7 St John’s Road

Harrow

HA1 2EY

31 October 2026

2025

2024

Unrestricted

Restricted

Total

Total

funds

funds

funds

funds

Notes

£

£

£

£

INCOME FROM

Donations

2

50,159

-

50,159

15,618

Charitable activities

4

Sport and development

12,989

295,746

308,735

201,835

Investment income

3

2,073

-

2,073

2,835

Total

65,221

295,746

360,967

220,288

EXPENDITURE ON

Charitable activities

5

Sport and development

62,230

295,746

357,976

247,381

NET INCOME/(EXPENDITURE)

2,991

-

2,991

(27,093

)

RECONCILIATION OF FUNDS

Total funds brought forward

2,861

-

2,861

29,954

TOTAL FUNDS CARRIED FORWARD

5,852

-

5,852

2,861

2025

2024

Unrestricted

Restricted

Total

Total

funds

funds

funds

funds

Notes

£

£

£

£

FIXED ASSETS

Tangible assets

12

9,752

-

9,752

13,957

CURRENT ASSETS

Debtors

13

-

22,455

22,455

47,857

Cash at bank

-

250,297

250,297

214,933

-

272,752

272,752

262,790

CREDITORS

Amounts falling due within one year

14

(3,900

)

(272,752

)

(276,652

)

(273,886

)

NET CURRENT ASSETS

(3,900

)

-

(3,900

)

(11,096

)

TOTAL ASSETS LESS CURRENT LIABILITIES

5,852

-

5,852

2,861

NET ASSETS/(LIABILITIES)

5,852

-

5,852

2,861

FUNDS

15

Unrestricted funds

5,852

2,861

TOTAL FUNDS

5,852

2,861

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 30 October 2026 and were signed on its behalf by:

J Tongue - 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.

The financial statements are drawn up on the going concern basis which assumes the charity will continue in operational existence for the foreseeable future; taken to be 12 months from the signing of the financial statements. The Trustees have given due consideration to the working capital and cash flow requirements of the charity. The Trustees consider the charity's current and forecast cash resources to be sufficient to cover the working capital requirements of the charity for at least 12 months from the date of signing the financial statements.

Critical accounting judgements and key sources of estimation uncertainty

The preparation of the financial statements requires the Trustees to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for income and expenditure during the period. However, the nature of estimation means that actual outcomes could differ from those estimates.

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

Income

All income is recognised in the Statement of Financial Activities once the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

Grants receivable, where related to performance and specific deliverables, are accounted for as the charity earns the right to consideration by its performance. Where income is received in advance, recognition is deferred and included in creditors and where entitlement arises before income is received the income is accrued.

Donations are recognised in the financial statements when the charitable donation has been received, or if, before receipt, there is sufficient evidence to provide the necessary certainty that the donation will be received, and the value of the incoming resources can be measured with sufficient reliability. Intangible income by way of donated facilities and services is recognised as an incoming resource where the provider has incurred a financial cost. The financial cost can usually be reasonably quantified in the instance of an individual or an entity as part of their trade or profession. No amounts are included in the financial statements for services donated by volunteers.

Interest receivable on funds held on deposit is included when receivable and the amount can be measured reliably by the Trust; this is normally upon notification of the interest paid or payable by the bank.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of resources.

Charitable activities

Charitable activities comprise those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs associated of an indirect nature necessary to support them.

Support costs

Support costs, which are not directly attributable to generating funds or charitable activities, are allocated to those categories based on the appropriate combination of headcount, staff time and transaction volumes.

Tangible fixed assets

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

Fixtures and fittings

-

25% reducing balance

Motor vehicles

-

25% reducing balance

Computer equipment

-

25% reducing balance

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

All assets are initially recognised at cost and subsequently carried at cost less accumulated depreciation. The cost of an asset initially recognised includes its purchase price and any cost that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Assets are reviewed for impairment if circumstances indicate their carrying value may exceed their net realisable value and value in use.

Taxation

The charity is an institution within the meaning of the Charities Act 2011 and as such is a charity within the meaning of Section 506(1) of the Taxes Act 1988. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains within categories covered by Section 505 of the Taxes Act 1988 or Section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that such income or gains are applied exclusively to charitable purposes. The charity receives no similar exemption in respect of Value Added Tax.

The charity is an institution which is established for charitable purposes within the meaning of the Charities Act 2011 and as such is a charity within the meaning of Para 1 of Schedule 6 to the Finance Act 2010. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Sections 478-488 of the Corporation Tax Act 2010 (formerly enacted in Section 505 of the Income and Corporation Taxes Act 1988) or Section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that such income or gains are applied to exclusively charitable purposes. The charity receives no similar exemption in respect of Value Added Tax. For this reason, the charity is generally unable to recover input VAT it suffers on goods and services purchased. The charity is not registered for VAT, as the trustees consider the charity's sources of income are exempt from VAT. VAT is included within the attributable cost under resources expended.

Fund accounting

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donor or governing document.

Unrestricted funds comprise those funds which the trustees are free to use for any purpose in furtherance of the charitably objects. Unrestricted funds include designated funds where the trustees, at their discretion, have created a fund for a specific purpose.

Further details of each fund are disclosed in the notes to the financial statements.

Financial instruments

Financial assets (including cash and debtors) and financial liabilities are recognised when the charity becomes a party to the contractual provisions of the instrument. Additionally, all financial assets and liabilities are classified according to the substance of the contractual arrangements entered into.

Financial assets and liabilities are initially measured at transaction price (including transaction costs) and are subsequently remeasured where applicable at amortised cost.

Financial assets include cash, trade debtors and other debtors. Financial liabilities include trade creditors and other creditors.

2.

DONATIONS

2025

2024

£

£

Donations

50,159

15,618

31.12.25

31.12.24

£

£

C&C Builders

-

250

The PFA - Heritage Donation

-

10,000

Bakkavor Foods

49,698

3,202

Charities Trust

461

-

Other UK Donations

-

2,166

50,159

15,618

Unrestricted Funds

50,159

15,618

Restricted Funds

-

-

During the reporting period, Bakkavor Foods donation was £36,900 (2025 - £16,000) of which £nil (2025 - £12,798) is deferred and expended in 2025/2026 financial reporting year.

3.	INVESTMENT INCOME

2025

2024

£

£

Deposit account interest

2,073

2,835

4.	INCOME FROM CHARITABLE ACTIVITIES

2025

2024

Activity

£

£

Local authority contribution

Sport and development

30,323

4,661

Sponsorships and fund raising events

Sport and development

19,032

35,916

Grants

Sport and development

259,380

161,258

308,735

201,835

Grants received, included in the above, are as follows:

2025

2024

£

£

National Lottery Heritage Fund

37,417

27,805

London Sport

20,627

-

Young Brent Foundation

27,846

19,950

London Borough of Brent

8,533

3,876

Wembley National Stadium Trust

8,750

20,402

Middlesex County FA

-

5,146

Edward Harvest Trust Fund

-

247

Hyde Charitable Trust

-

1,000

Wates Family Enterprise Trust

2,844

2,000

NHS NW London

-

12,354

England Rugby & Mayors Office

53,158

16,842

Hyde Housing Association

26,994

29,825

CVS Brent

-

500

John Lyon's Charity

58,380

16,061

Old Oak & Park Royal

-

750

Quintain Limited

-

4,500

Carried forward

244,549

161,258

2025

2024

£

£

Brought forward

244,549

161,258

The Professional Football Association

645

-

Premier League

9,299

-

Behind the Brilliance Giving

4,887

-

259,380

161,258

31.12.25

31.12.24

£

£

Unrestricted Funds

-

-

Restricted Funds

209,896

161,258

5.	CHARITABLE ACTIVITIES COSTS

Direct

Support

Costs (see

costs (see

note 6)

note 7)

Totals

£

£

£

Sport and development

298,924

59,052

357,976

6.	DIRECT COSTS OF CHARITABLE ACTIVITIES

2025

2024

£

£

Project funding cost

66,804

45,621

Hire of venue/pitch

7,560

7,284

Telephone

2,887

2,741

Postage and stationery

2,547

2,505

Travelling

10,345

6,957

Subscription

867

488

Staff training cost

3,287

698

Computer, software & website

-

673

Sessional staff

108,475

69,415

Insurance

3,506

4,817

Management fees

64,427

43,908

Advertising

10,419

9,179

Office expenses

13,595

2,626

Depreciation of tangible fixed assets

4,205

4,652

298,924

201,564

7.	SUPPORT COSTS

Governance

Management

Finance

costs

Totals

£

£

£

£

Sport and development

54,952

200

3,900

59,052

Support costs are allocated based on the needs of the various projects.

Support costs, included in the above, are as follows:

Management

2025

2024

Sport and

Total

development

activities

£

£

Administration cost

25,485

22,989

Consultancy fees

29,467

18,928

54,952

41,917

Finance

2025

2024

Sport and

Total

development

activities

£

£

HMRC penalty

200

-

Governance costs

2025

2024

Sport and

Total

development

activities

£

£

Independent examiner's fees

3,900

3,900

8.	NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2025

2024

£

£

Independent examiner's fees

3,900

3,900

Depreciation - owned assets

4,205

4,652

9.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 December 2025 nor for the year ended 31 December 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 December 2025 nor for the year ended 31 December 2024.

10.	STAFF COSTS

31.12.25

31.12.24

The average monthly number of employees during the year was as follows

nil

nil

The key management of the charity is the Chief Executive Officer. The total benefits, including cost reimbursements, of the key management of the charity were £64,427 (2024: £43,908).

11.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

Restricted

Total

funds

funds

funds

£

£

£

INCOME FROM

Donations

15,618

-

15,618

Charitable activities

Sport and development

18,879

182,956

201,835

Investment income

2,835

-

2,835

Total

37,332

182,956

220,288

EXPENDITURE ON

Charitable activities

Sport and development

64,425

182,956

247,381

NET INCOME/(EXPENDITURE)

(27,093

)

-

(27,093

)

RECONCILIATION OF FUNDS

Total funds brought forward

29,954

-

29,954

TOTAL FUNDS CARRIED FORWARD

2,861

-

2,861

12.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 January 2025 and 31 December 2025

11,371

19,500

7,139

38,010

DEPRECIATION

At 1 January 2025

6,496

13,330

4,227

24,053

Charge for year

1,877

1,543

785

4,205

At 31 December 2025

8,373

14,873

5,012

28,258

NET BOOK VALUE

At 31 December 2025

2,998

4,627

2,127

9,752

At 31 December 2024

4,875

6,170

2,912

13,957