Register of Charities - The Charity Commission SPORTED FOUNDATION

Charity number: 1123313
Charity reporting is up to date (on time)

Activities - how the charity spends its money

Sported delivers professional services, free of charge, to a membership network of over 2,500 grassroots groups in the UK. Focusing on deprived/disadvantaged areas we support the incredible group leaders who care passionately about their community and have earnt their trust. Mentoring from Sported allows these groups to survive and thrive, achieving positive social outcomes for all.

Income and expenditure

Data for financial year ending 31 March 2022

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

Fundraising

The charity raises funds from the public. It works with professional fundraisers and commercial participators with agreements in place.

Trading

One or more trustees are also directors of the subsidiaries

Trustee payments

No information available