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2023-03-31-accounts

THE LONDON SPORT TRUST

TRUSTEES REPORT AND DIRECTORS REPORT FOR THE YEAR ENDED MARCH 20223 ACCOUNTS

Structure, Governance and Management

The Trust-is an unincorporated trust, constituted under a trust deed dated 12[th] June 1998 and is registered charity, number 1077617. The trust was established by an initial grant from the John Lyon's Charity to provide support for financially disadvantaged children and young people with sporting talent. The Trust has continued to receive funding from local authorities in which the Trust operates. The Trust has recently secured funding to develop its new programmes City Sports Academies, Skills for Life and Active Communities.

The trustees are appointed by a Board of Trustees and serve for a 5 year period after which they can be reappointed. The Trust Deed provides for a minimum of 3 trustees. At the quarterly trustee's meeting, the trustees review the progress in the agreed trust objective areas through a Directors report, as well as the financial status of the trust, reserves and risk management, policies and performance. The day to day running of the trust, monitoring of grants, assessment of applications and finance monitoring is undertaken by the Director.

The Trust reviews the skills of the board of trustees on a regular basis. New trustees are often sought to fulfil the strategic or governance of the London Sport Trust. All proposed trustees must understand and commit to the aims and objectives of the Trust. After an initial proposal to the board of trustees, the proposed trustee will be invited to a meeting with the Chair and secretary. The final decision will be made at a board of trustee to nominate a new trustee.

Risk Management

The London Sports Trust trustees have reviewed the risks at which the charity is exposed to and have worked alongside the Director to implement strategies and actions to minimise these risks. A fundraising strategy to secure running costs for the charity is in place.

Objectives and activities

"To advance the education and training of young people residing in all London Boroughs who are in full time educational/vocational training and are between the ages of 12-25 and in financial need to enable them to pursue a career in sport or recreation or such other career."

The aims of the London Sports Trust are:

Achievements and Performance

School Games

Over the last year we have started to be involved with the RBKC School Games working with Ashburnham School and Youth Sports Trust top coordinate and deliver sporting activities for primary schools and Year 7 secondary schools. This was the first year of delivery following COVID and it proved to be an extremely busy and successful year. LST will continue to be involved with the School Games next year.

City Sports Academies

This past year has been one of the most challenging for Londoners especially our deprived communities due to COVID-19. City Sports Academies is our inspirational sports programme for children and young people (CYP) and their families on the most deprived housing estates in the tri-boroughs of Hammersmith & Fulham, RBKC and Westminster aged between 8 –16 years old or up to 25 years (SEN or learning disability). We combine sport and life skills to hook CYP into positive behaviour and fulfil their potential in sport, education and life. The programme introduces children and young people to sports and health activities with pathways linked to existing and new clubs for talented individuals.

In Westminster we deliver session for gifted and talented primary school students, as well as talent identification session in secondary schools. Our community sessions in RBKC and LBHF are focused on the housing estates and community centres to bring sport to the young people aged between 14-25 years old. The individuals' beneficiating from these sport sessions will then be encouraged to participate in the life skills programme to improve future employment opportunities.

Skills for Life

The Skills for Life programme gives disadvantaged children and young people an opportunity to achieve their goals in sport, education and life improving life chances. The programme teaches them a number of essential life skills, so they are able to live independently in the future. This programme develops life skills in communication, finance, cooking, DIY, as well as customer services skills, Leadership and accredited coaching qualifications. Our young people have the opportunity to volunteer and gain work experience with our social enterprise, in the community and with local businesses.

The main aim of the project is to focus on youth unemployment and provide young adults with skills and confidence to adequately cope with independent living and future life as a student or employee. Sorted is designed to prepare young adults about to live on their own for the first time, either prior to further education or employment. The Sorted modules equip them with essential life skills necessary to lead responsible, independent and healthy lives. The programme will cultivate responsible young adults with increased

employment opportunities. Our graduates will volunteer at a chosen local community organisation. Links with local and regional businesses will give our beneficiaries volunteer and work experience with the aim of securing long term employment.

Watersports

The Trust has been managing an delivering the watersports programme to two new sites in Kensington & Chelsea, Canalside Activity Centre and Cremorne. This started in August 2020 during the middle of the COVID-19 lockdown. However we tried to keep the sites open for key worker and vulnerable children and young people.

London Youth Games

From September 2020 LST started coordinating the London Youth Games for Kensington & Chelsea. Due to the COVID-19 lockdown this mainly consisted of online challenges and delivering equipment to vulnerable families in deprived areas.

The team have continued to work with schools, youthclubs and the community to enbter teams for RBKC in the London outh Games finishing 19[th] last year.

Active Communities

Active Communities is our family programme engaging young parents to learn and play with their children. Our pilot programme has been a great success training up parents and increasing family cohesion. London Sports Trust are working in partnership with Hammersmith and Fulham council to deliver regular sport sessions within the borough using Sport England’s Community Sport Activation Fund. This is a programme in which we aim to engage with adults and families through inclusive sports programmes. Since 2013, over 500 people have attended free or low-cost physical activity classes as part of Active Communities. With a programme of women’s only, adults’ classes and family sessions there is something for everything.

Watersports

The Trust has been managing and delivering the watersports programme to two new sites in Kensington & Chelsea, Canalside Activity Centre and Cremorne. This started in August 2020 during the middle of the COVID-19 lockdown. However we continued to keep the sites open for key worker and vulnerable children and youngpeople.

London Youth Games

From September 2020 LST started coordinating the London Youth Games for Kensington & Chelsea. Due to the COVID-19 lockdown this mainly consisted of online challenges and delivering equipment to vulnerable families in deprived areas. Now lockdown has finished we have coordinated numerous events and teams for in person LYG events.

Place2Play

Place2Play is our inclusive family ‘pop up sports’ programme which is now specifically focused on Hammersmith & Fulham helping the poorest areas like White City & Wormholt. The content of the Place2Play session includes fun games that emphasises developing children’s agility, balance and co-ordination skills in children aged 2-11.

Meanwhile parents are also encouraged to join in and learn about the benefits of recreational family sports and thus improve play in their spare time.

Think Active

Think Active is a sports programme for mental health delivered in partnership with MIND. Our aim is to provide opportunities for people to enjoy physical activity while speaking openly about mental health and learning how being active can make a difference to our wellbeing. Our aim for Think Active is to focus on children & young people to break down the stigma of mental health while enjoying sport & physical activity. It will also allow young people to learn about the work of MIND and other local mental health charities.

The project is aimed any young person aged 11 - 18 living within disadvantaged communities in London. Young people can self-refer onto Think Active, but we will also ask youth clubs to recommend the programme to young people who they feel will benefit.

Financial review

The Trust receives the majority of its current funding from a variety of sources including Lottery, local authority and charitable foundation as well as our social enterprise schools programme. A proportion of this is allocated for governance and administration. Funds for the coaching programmes and running costs have been secured from the corporate sponsors and local authorities. In the year under review there was a surplus on unrestricted funds of £369,914 with £45,000 for designated funds. Restricted funds at the year-end totalled £343,627

Reserves Policy

The trustees aim to maintain free reserves in unrestricted funds which equates to approximately 6 months of charitable expenditure. Budgeted expenditure for 2022/2023 totals £618,322, the required level of reserves is therefore £309161. The current level of free reserves covers this target.

Plans for the Future

The Trust will continue our revised Game plan for 2021-2024 incorporating City Sports Academies (sport) and Skills for Life (training and life skills) and Think Active (Improving physical & mental health of families). In addition, we will drive forward the Watersports, Think Active & Active Communities programme across LBHF, RBKC and Westminster and surroundings boroughs. These will be the main objectives for the Trust over the next 2 years.

Active Minds

LST has always been supportive about increasing awareness of mental health with a number of pilot projects with partners like NHS and MIND. We are now looking to launch ongoing and integrated mental health sports programme Active Minds across our beneficiary areas.

EcoSport

London Sports Trust wants to use the power of sport to educate and support children and families to improve the environment and their carbon footprint. We have already started with a number of projects on the River Thames called Paddle & Pick to clear rubbish from the Thames. Our plan for the coming year is to work with football and sports clubs to help them and their fans to reduce their carbon footprint.

Statement of Trustees' Responsibilities

Legislation requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure for the financial year. In preparing those financial statements, the trustees follow best practice and aim to:

Select suitable accounting policies and apply them consistently Make judgments and estimates that are reasonable and prudent; and Prepare financial statements on the going concern basis unless it is inappropriate to assume the charity will continue on that basis.

The trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. The trustees are also responsible for safeguarding the assets of the charity and hence for taking responsible steps for the prevention and detection of fraud and other irregularities.

Public Benefit Statement

The trustees confirm that they have complied with the duty in section 4 of the Charities Act 2011 to have due regard to the Charity Commission's general guidance on public benefit, "Charities and Public Benefit".

London Sports Trust's charitable purpose is to support disadvantaged children and young people to support their sporting and educational goals.

Approved by the trustees on 11/12/2023 and signed on their behalf by:

Paul Hyman

Chair

Charity Registeration No. 1077167

THE LONDON SPORTS TRUST

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

THE LONDON SPORTS TRUST

INDEX TO THE FINANCIAL STATEMENTS

Page
Legal and Administrative Information 1
Report of the Management Committee 2-6
Independent Examiners Report 7
Statement of Financial Activities 8
Balance Sheet 9
Notes Forming Part of the Financial Statements 10-15

THE LONDON SPORTS TRUST

LEGAL AND ADMINISTRATIVE INFORMATION

REGISTERED CHARITY NUMBER

1077167

MANAGEMENT COMMITTEE

Rod Jack Paul Hyman Richard Bellars Sally Kettle Michael Defoe

REGISTERED OFFICE

Phoenix High School,The Curve, Shepherds Bush London, W12 0RQ

INDEPENDENT EXAMINERS

Anwar Jorgis AFA, FAIA,CIPP 3 Cressage Close Southall UB1 2XP BANKERS The Co- Operatvie Bank Po box 250 Delf House Southway Skelmersdale WN8 6WT

1

THE LONDON SPORTS TRUST

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF THE LONDON SPORTS TRUST

I report on the accounts of the company for the year ended 31 March 2023, which are set out on page 6 to 10.

RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER

For the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 and that an independent examination is needed.

The Charity gross income exceeded £250,000 and I'm qualified to undertake the examination by being qualified member of Institute of Financial Accountants

BASIS OF INDEPENDENT EXAMINER’S REPORT

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and the seeking of explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently, I do not express an audit opinion on the view given by the accounts.

INDEPENDENT EXAMINER’S STATEMENT

In connection with my examination, no matter has come to my attention:

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Anwar Jorgis- AFA- FAIA-- MIPA-ACIPP 3 Cressage Close Southall Middlesex

`

7

THE LONDON SPORTS TRUST

STATEMENT OF FINANACIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2023

Notes
Incoming resources
Incoming Resources from charitable
2
activities
Grants receivable
Incoming Resources from generated
funds
Donations and core grants
Interest income
Total Incoming resources available
for charitable application
Resources Expended
3
Charitable activities
Governance costs
Total Resources expended
Net Incoming/(outgoing) resources
before transfers
Transfers between funds
Fund balances at 1 April 2022
Fund balances at 31 March 2023		 Unrestricted
Designated
Restricted
Funds
Funds
Funds
Total
2023
2023
2023
2023
£
£
£
155,770
605,740
761,509
71,137
71,137
280.00
280
227,187
605,740
832,926
103,045
638,513
741,558
103,045
638,513
741,558
124,141
(32,773)
91,368
271,471
90,000
305,781
-
414,994
-
343,627
758,621		 Total
2022
£
735,094
735,094
659,085
659,085
78,009
667,252
667,252

8

THE LONDON SPORTS TRUST

BALANCE SHEET

AS AT 31 MARCH 2023

Note
FIXED ASSETS
Tangible assests
9
Current Assets
Debtors
6
Cash at bank and in hand
Current liabilities
Amount falling due within one year
7
Net current assets
Total assets less current liabilities
Funds
8
Restricted Fund
Unrestricted Fund
General fund
Designated funds
Total Funds		 £
83,600
-
734,976		 2023
£
675,021
758,621
343,627
273,142
96,853
45,000
758,621		 £
40,000
677,925		 2022
£
667,252
734,976
59,955		 717,925
50,674
667,252

Approved by the Board on 21/11/2023

Paul Hyman Trustee

9

THE LONDON SPORTS TRUST

( A Company Limited by Guarantee )

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

1. ACCOUNTING POLICY

Basis of Preparation

The financial statements of the charity have been prepared in accordance with the Statements of Recommended Practice applicable to charitie preparing their accounts in accordance with the Finanacial Reporting Standard applicable in the Uk and Republic of Ireland (FRS102- effective 1 January 2015)- (Charities SROP FRS 102) and the Companies Act 2006.

The Charities company mmet the defination of public benefits entity under FRS 102. Assets and liabilities are initially recognised at historical costs or transaction value unless otherwise stated in the relevant accounting policy or note

Fund Accounting

Grants and other income are accounted for on a receivable basis.

Income streams will be identified as either Restricted or Unrestricted and reported in the Financial Statement appropriately.

Restricted funds are monies raised for and their use restricted to a specific purpose or Grants subject to donor.

Unrestricted funds compromise those monies which may be used towards meeting the charitable objectives of the Charity at the discretion of the Trustee.

Taxation

London Sports Trust is registered Charity and not subject to income or corporate Tax on its Income or Activities provided that the resources are expended on the defined charitable activities.

10

**THE LONDON SPORTS TRUST ** **THE LONDON SPORTS TRUST ** **THE LONDON SPORTS TRUST ** **THE LONDON SPORTS TRUST ** **THE LONDON SPORTS TRUST ** **THE LONDON SPORTS TRUST ** **THE LONDON SPORTS TRUST ** **THE LONDON SPORTS TRUST ** **THE LONDON SPORTS TRUST ** **THE LONDON SPORTS TRUST ** **THE LONDON SPORTS TRUST ** **THE LONDON SPORTS TRUST ** **THE LONDON SPORTS TRUST ** **THE LONDON SPORTS TRUST **
NOTES TO THE FINANCIALSTATEMENTS FOR THE YEAR ENDED31 MARCH 2022
City Sports Academies Active Community Coopertive Skills For Life London Youth Games Operation & Development Safe Camp Water Sport Schools & Nurseries 2023 2022
Restricted Unrestricted Restricted Unrestricted Transitition Restricted Unrestricted RBKC Total funds Total funds
INCOMING RESOURCES
Restricted income
John Lyon's Charity 40,000 - 25,000 4,000 69,000 4,000
Corporative Fund 12,814 12,814 16,300
London Borough of Hammersmith & Fulham 84,468 12,474 58,150 5,000 160,092 116,072
Family Action - 1,450 42,687 44,137 37,107
Grenfell Fund - -
LMP - - 30,872 30,872 -
BBC CIN 10,150 10,150 9,650
Royal Borough of Kensington & Chelsea 5,760 10,186 70,750 73,917 160,613 193,529
Kensington & Chelsea Foundation 5,375 5,375 -
Sport England - -
London Borough of Westminster 2,850 949 3,799 24,050
Big Lottery Fund -
Other Primary Income 500 80 3,853 4,433 4,610
PLA( Port London Authroity ) - 4,400
Hammersmith United Charity - -
Capital & Counties - 21,075
MOPAC - 30,580
Discount /Refund Given - 6,640
Active Londoners - -
DR Edward and Bishop's King - -
Award for All grant - -
Shepherd's Bush Housing Group - -
Phoenix - -
The London Community 1,500 3,500 32,658 3,996 41,654 28,158
Wandsworth Borough -
Apprenticeship - -
William Wates -
London Sport 4,175 4,175 8,600
Daisy Trust - -
Peter Harrison Foundation - -
Futures Academies 2,850 18,075 15,000 35,925 12,455
WWMT - -
Street Games 22,700 22,700 1,590
-
Total restricted income 157,128
69,834
90,808
5,080
12,814
42,687
25,000
70,750
3,853
34,872
92,913
-		 605,740 518,816
Unrestricted income
Donation 59,960 11,177 71,137 9,348
Bank interest received - - 13,025
Fees income 6,065 1,385 1,010 1,372 2,278 12,110 4,530
Community Programm 35,000 3,378 38,378 11,500
School & Nurseries 11,816 720 4,265 - 56,852 73,653 46,085
Other Primary income - 27,024
Refund 2,055 110 779 35 1,554 23 4,555 8
Young K & C 11,259 - 14,660 - 25,919
Service Fees 840 125 75 1,040 42,405
Street Games 115 115 1,750
Youth Club - 21,470
Capital & Counties - -
Total Unrestricted 18,164
110,456
-
110
-
-
13,761
4,300
1,554
19,410
2,300
56,852
226,907
177,145
TOTAL FUNDS 175,292 180,290 90,808 5,190 12,814 42,687 38,761 75,050 5,407 54,282 95,213 56,852 832,646 695,961
-

11

**THE LONDON SPORTS TRUST ** **THE LONDON SPORTS TRUST ** **THE LONDON SPORTS TRUST ** **THE LONDON SPORTS TRUST ** **THE LONDON SPORTS TRUST ** **THE LONDON SPORTS TRUST ** **THE LONDON SPORTS TRUST ** **THE LONDON SPORTS TRUST ** **THE LONDON SPORTS TRUST ** **THE LONDON SPORTS TRUST ** **THE LONDON SPORTS TRUST ** **THE LONDON SPORTS TRUST ** **THE LONDON SPORTS TRUST ** **THE LONDON SPORTS TRUST ** **THE LONDON SPORTS TRUST ** **THE LONDON SPORTS TRUST ** **THE LONDON SPORTS TRUST ** **THE LONDON SPORTS TRUST **
NOTES TO THE FINANCIAL STAT EMENTS FOR THE YEAR ENDED 31 MARCH 2023 2023 2023 2023 2022
City Sport & Academies Active Community Skills for Life London Youth Games Family Action SAFECamp
 Coprtive Transition Water Sport Designagted fund eration & Developm Schools & Nurseries Total RestrictedT otal Unrestricte TOTAL **Total **
Restricted Unrestricted Restricted Unrestricted Restricted Unrestricted RBKC Expenditure Expenditure EXPENDITURE Expenditure
RESOURCES EXPENDED
Staff gross Costs 100,829 1,835 4,216 12,939 - 20,875 - 14,097 66,826 11,821 230,553 1,835 232,388 192,498
NI Employer - 979 5,000 - - - 5,966 5,966 16,932 979 17,911 18,161
Pension contibutions - 5,475 - 5,475 5,475 3,495
Freelances and temporary worke rs - - -
Employer Pension contributions - - -
Rent & business rate - - - -
Light & Heat - - -
Subscriptions - - -
Insurance 243 1,599 1,842 - 1,842 1,697
Repair & Renewal - - -
Publicity , website & Advertisin g
3,665		 550 206 2,441 6,311 550 6,861 4,526
Training - - - 456
Events/Seminars/Venue Hire - - -
Travel & subsistence charge 407 100 207 117 35 865 - 865 1,734
Printing ,postage and stationery - - - -
School & Nurseries 9,696 2,071
-		 7,625 - 7,625 8,080
Computers expense & Sotware - - - -
Meals & Entertainment - 247 12 14 26 247 272 554
Telephone 461 29 491 - 491 713
Office supplies 1,288 99 50 13 1,351 99 1,450 2,073
Bank and credit charges 395 395 - 395 -
Audit & Accountancy 1,350 1,350 - 1,350
Legal & Professional charges - - -
Courses & workshop 1,100 92 640 1,740 92 1,832 4,264
Equipment rental & small tools 954 3 48 1,002 3 1,004 3,344
Other office costs - - - 116,740
Activities & Delivery costs 76,989 25,054 5,998 9,804 7,350 - 4,285 4,428 45,788 111 11,030 165,783 25,054 190,837 98,543
Project and Program Costs 72,155 50,963 8,480 7 17,407 7,653 26,311 360 21,562 6,050 19,707 - 96 4,367 176,494 58,622 235,116 193,360
Volunteer expenses 1,312 10,014 19 63 13 200 219 1,102 - 2,852 10,090 12,942 6,750
Fundraising Expenses 2,000 2,000 - 2,000 2,096
Depreciation 20,900 - 20,900 - 20,900
TOTAL EXPENDITURE 272,602
95,310
23,813
70
61,050
7,666
54,943		 360 26,128 30,541 134,717 - 4,261 31,148 638,513 103,045 741,558 659,085

12

THE LONDON SPORTS TRUST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

4 Trustees

No payment were made to trustees during the year

5 Employees

Number of employees

The average monthly number of employees during the year was:

2023 2022
Number Number
Project director 1 1
Project worker 6 6
7 7
Employment costs 2023 2022
£ £
Wages and salaries 232,388 192,496
Pensions 5,475 3,495
Social security costs 17,911 18,161
255,774 214,154
There were no employees whose annual remuneration was £60,000 or more
6 Debtors 2023 2022
£ £
Other debtors -
Phoenix Academy -
LBHF- Fund receivable -
Prepayment and accrued income - 40,000
- 40,000
7 Creditors 2023 2022
£ £
Wages ,Taxes and social security costs 23,068 21,662
Pensions 1,071 405
Trade creditors 1,350 1,350
Accruals - 43,308
25,489 66,725
Deferred income
London Borough of Westminster -
Royal Brough of Kesington & Chelsea 2,000 1,875
London Borough of Hammersnith & Fulham 15,000
Corporative Fund 25,466 -
Grenfel Fund -
MOPAC 45,000
Family Action 20,785
GVC- London Community Foundation 7,000 -
Counties & Capital -
John Lyon's Charity Fund -
Phoenix Academy
Future Academies -
Other fees income -
34,466 82,660

13

THE LONDON SPORTS TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
8 Restricted funds
The income funds of the charityinclude restricted funds comprisingthe followingunexpended balances of
donations andgrants held on the trust for specificpurposes :
At 1.04.2022 Incoming
resources		 Outgoing
resources		 Transfer At 31.03.2023
Restricted funds:
CitySports Academies 175,704 175,292 227,602 123,394
Active Communies 16,614 90,808 23,813 83,609
Skills for Life - 42,687 61,050 (18,363) -
SAFE Camp 44,014 34,872 26,128 52,758
Operation & Development 13,730 3,853 4,261 13,322
London Youth Games 10,511 70,750 54,943 26,318
Water Sports - 92,913 134,717 (41,804) -
Corperative & Transition 45,209 3,853 30,541 - 18,521
Schools & Nurseries - 56,852 31,148 25,704
Total restricted funds 305,781 571,880 594,203 (60,167) 343,627
Unrestricted funds:
CitySports Academies 77,344 93,470 94,891 75,924
Active Communies 22,974 5,190 70 28,094
Corporative Transition 12,814 12,814
Skills for Life 25,253 38,761 7,395 56,619
Schools & Nurseries 32,614 - - - 32,614
SAFE Camp 2,277 19,410 21,687
Operation & Development 31,554 31,554
London Youth Games 4,300 4,300
Water Sports 7,236 2,300 - - 9,536
General funds 103,773 53,247 60,167 96,853
Designated Fund 90,000 - 45,000 45,000
-
Total unrestricted funds 361,471 261,046 147,355 - 414,994
Total funds 667,252 832,926 741,558 - 758,620

14

THE LONDON SPORTS TRUST

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

9 Assets Straight line @ 20%

Tangable fixed Assets
Costs Electirc bus Boat Total
At 1st April 2022 68,500 36,000 104,500
-
Addional - - -
Depreciation 13,700 7,200 20,900
Net book value 54,800 28,800 83,600
At 31/03/2023

THE LONDON SPORTS TRUST

DETAILED INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2023

INCOMING RESOURCES
Restricted income
John Lyon's Charity
Kensington & Chelsea Foundation
London Borough of Hammersmith & Fulham
Royal Borough of Kensington & Chelsea
Corpoeratvie Fund
Capital & Counties
Future Academies
BBC
Family Action
LMP
Hammersmith United Charity (HUC)
Sport England
London Borough of Westminster
Other Primary Income
Active Londoners
Discount /Refund Given
London Community
Youth Club
DR Edward and Bishop's King
PLA - Port London Authrority
MOPAC
William Wates
London Sport
Wandsworth Borough
Street Games
Total restricted income
Unrestricted income
Donation
Community Programmes
Service fees
Refund
Bank interest received
Youth Club
Young K & C
Fees income
School & Nurseries
Total Unrestricted
Total income
RESOURCES EXPENDED
Staff Gross salaries Costs
NI Employer
Pension contibutions
Training & Courses
Volunteer expenses
Rent & business rate
Meals & Entertainment
Office expenses
Equipment rental & small tools
Insurance
Bank and credit charges
Publicity, Website & Advertising
Travel & subsistence charge
Printing ,postage and stationery
Computers expense & Sotware
Telephone
Schools & Nurseries
Project Costs
Audit & Accountancy
Fundraising Expenses
Depreciation
Activities & Delivery and Project costs
Surplus/ (Deficit) carried forward
Plus last year Reserve
Carry forward reserve		 2023
2022
£
69,000
4,000
5,375
28,158
160,092
116,072
160,613
193,529
12,814
16,300
-
21,075
-
35,925
12,455
10,150
9,650
44,137
37,107
30,872
-
-
4,175
-
3,799
24,050
4,433
32,965
-
195
6,640
41,654
-
4,400
-
30,580
-
8,600
22,700
1,590
605,935
547,171
71,137
9498
38,378
11500
12,110
44155
4,360
593
280
45632
25,919
1,155
29306
73,653
47240
226,992
187,924
832,926
735,094
232,388
192,498
17,911
18,161
5,475
3,495
1,832
4,264
12,942
6,681
-
272
627
1450
2,529
1004
3,344
1,842
1,697
395
-
6,861
4,739
865
1,734
-
-
491
713
7,625
8,080
235,116
231,078
1,350
1,350
2,000
2,096
20,900
190,837
176,001
741,558
659,085
91,368
76,009
667,252
591,243
758,620
667,252

15