R1 SPORTS FOUNDATION
The organisation is an association supporting local communities to participate in various activities. Our work has a direct benefit to the physical, emotional and mental wellbeing of children, young people and their parents. We provide opportunities to participate various projects to better themselves.
Financial health, per its FY2025 accounts
The accounts state that total income for the year was £79,158 against total expenditure of £72,637, resulting in a net surplus of £6,521. Per the trustees' report, the charity maintains a reserves policy to ensure financial stability, with unrestricted reserves carried forward at £6,521. The independent examiner confirmed that no matters requiring attention were identified during the examination of the accounts.
What the accounts disclose
“Subscriptions and donations 79,158”
“The charity maintains a reserves policy to ensure financial stability and sustainability. As of 31 December 2023, the club's reserves stood at £0.” — page 4
Trustees
- Amjid Hussain
- Aqad Yaqoob
- Majid Hussain
- Mohammed Hassan Ellahi
- Mohammed Ishtiaq Maroof
- Olivia Dori Plews
- Rizwan Mir
- Sarah Ahmed
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £79k | £73k |
| 30/06/2024 | £0 | £0 |
| 30/06/2023 | £0 | £0 |
Common questions
Is R1 SPORTS FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that total income for the year was £79,158 against total expenditure of £72,637, resulting in a net surplus of £6,521. Per the trustees' report, the charity maintains a reserves policy to ensure financial stability, with unrestricted reserves carried forward at £6,521. The independent examiner confirmed that no matters requiring attention were identified during the examination of the accounts. Its FY2025 accounts were independently examined.