Ten-Em-Bee Sports Development Centre A Company Limited by Guarantee
Charity Registration No. 1090441 Company Registered in England No. 04231843
Report and Unaudited Financial Statements For the year ended 31 December 2024
## - - Ten Em Bee Sports Development Centre
Status: Company limited by guarantee no.04231843 Charity registration no.: 1090441 The Company's governing document is its Memorandum and Articles of Association dated 11 June 2001 as amended 28 January 2002 Registered Office: 120A Old Bromley Road Downham Bromley, BR1 4JY Trustees: Donald Fairman Jennifer Dussard Frank Stanislaus Eugene Dussard Paul Palmer Richard Baillie Independent examiner: Shruti Soni FCCA FCIE Shruti Soni Ltd Chartered Certified Accountants 117a St. John's Hill Sevenoaks TN13 3PE
Ten-Em-Bee Sports Development Centre
Trustees' Report for the year ended 31 December
The trustees present their report and the financial statements for the year ended 31 December 2024. This is a directors’ report required by s417 of the Companies Act 2006 and all trustees are directors.
This Trustees Report and the associated Financial Statements have been prepared in accordance with guidance for preparing Charity Accounts and Reports presented in “Accounting and Reporting by Charities: Statement of Recommended Practice” and are therefore in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (effective 1 January 2019) – (Charities SORP FRS 102) together with The Companies Act 2006 and the requirements of the Memorandum & Articles of Association.
## **Objectives and Activities**
The objects of the charity are for the public in the Downham area of the London Borough of Lewisham and the adjacent neighbourhoods, to advance education and to provide and assist in the provision of, facilities for recreation in the interests of social welfare and so that the conditions of life of the beneficiaries may be improved.
The main objectives and activities focused on the promotion of the Education and Sport Development Programme which enables young people who may, or have under achieved at school and excluded from mainstream sport.
## **Achievements and Performance**
We currently have one (1) staff member (facilities operations manager and one (1) groundsman contractor, 10 volunteers and six (6) trustees. There is currently one available place on the Board of Trustees.
We continue to develop partnerships with the local community by holding free open training sessions for both boys and girls at Ten-Em-Bee every Saturday. The partnership is based on Ten-Em-Bee supporting groups with opportunities for coaches to participate in delivering coaching sessions to gain valuable experience as well as taking part in coaching courses. There will also be opportunities for the group to have events at the facilities. Although we continue to look at ways of developing long term youth cricket during the summer months at Ten- Em-Bee, we have been unable to find any suitable cricket clubs after our last partnership ended. Our qualified coaches continue to work with local schools in the area to promote sports and help in their wellbeing.
The Ten-Em-Bee youth football development programme continues to develop with 14 youth teams now created. This includes 14 youth teams from under 8s to under14s. Ten-Em-Bee also have one senior team in the Kent Country League. The coaches education programme will continue to be delivered by qualified FA Coaches who have their Level 1 and 2 Safeguarding Children and First Aid Certificates. The students will be monitored and evaluated through various skill tests, drills training, and competitive matches.
As part of our continuing work with the local community in the Lewisham Borough, we now run an elders social club every Wednesday, where they engage in social and productive activities, such as Bingo, Dominoes, games, social activities, exercise classes. We hope this will help maintain the wellbeing and independence for elder communities in the Lewisham Borough as well as improve mental health.
1
## Ten-Em-Bee Sports Development Centre
Trustees' Report for the year ended 31 December
Ten-Em-bee have also spearheaded the Lewisham Football Partnership with HF Sports Paulista and Moonshot.This will involve creation of a further two teams at Under15s and Under16s level playing in the Kent Youth League.
These youth teams will come under the Lewisham Borough name, but home games played at Ten-EM-Bee. The Lewisham Football Partnership at senior level will incorporate Lewisham Borough Football Club, who play in the SCEFL League and use Ladywell Area as their Home Ground. Although we have not yet created a girls football team this year we have plan in place and hope to have one up and running in the 2025 season.
## **Structure, Governance and Management**
The organisation is a charitable company limited by guarantee, incorporated on 11 June 2001 and registered as a charity on 5 February 2002. The Memorandum of Association sets out the company’s objects and powers. The operation of the company is governed by its Articles of Association. The organisation is governed by a Board of Trustees elected by the members. In the event of the company being wound up, the members of the Charity guarantee to contribute an amount not exceeding £1 to the assets of the company.
## **Public Benefit**
The Trustees confirm that they have read the Charity Commission guidance on public benefit. The public benefit is applied in two principal ways. First, members of the public have the opportunity to enhance their quality of life and sense of well-being through engagement with and participation in activities and events that bring people together, leading to improvements in physical and emotional well-being, quality of life and a more stable and cohesive community.
Secondly. the direct benefit that flows from this is the increased efficiency and effectiveness of the community and voluntary groups and organisations that use the facilities, resulting in enhanced outcomes and service delivery and, consequently, an improved quality of life for those who benefit from the work of these groups and organisations. The public benefits that flow from this are in an enhanced environment, leading to improved health and a better quality of life for the public.
## **Financial Review**
The charity had net expenditure for the year of £41,513 (2023: £11,014). The Charity's total income for the year was £54,733 (2023: £80,313). Its expenditure for the year stood at £96,246 (2023: £91,327)
Principal Funding Sources The principal funding sources for the charity is the hiring sales, and letting of the sport facilities,the function room and social areas including the café /bar. The trustees will be putting a 5% increase on drinks and services to take into accounts the raising cost of materials.
Reserves Policy The policy of the Trustees is to maintain such reserves as will ensure the long term viability of the Charity and enable it to fulfil its objects for the foreseeable future. Trustees consider it reasonable to maintain six months running cost as reserves which are estimated to be approximately £25,000. Unrestricted reserves are available, at the discretion of the Trustees, to further the general objects of the charity. The unrestricted funds available to the charity as at 31 December 2024 were £64,346 (2023: £105,798).
Managing risk of harm In carrying out the charity’s purpose to achieve public benefit the Trustees have managed risk of detriment or harm to the charity’s beneficiaries or to the public in general (which they feel is minimal).
2
## Ten-Em-Bee Sports Development Centre
Trustees' Report for the year ended 31 December
This has been achieved by identifying such risks where possible, minimising them and making sure any harm that might arise is of a minor consequence to the carrying out of such purpose.
## Going Concern
The Trustees are satisfied that the Charity will continue to be a going concern for the foreseeable future.
The booking and hire of the facilities is unpredictable from year to year but at present things have picked up, and we are confident that demand for the hire of the hall will continue to rise in 2025.
## Statement of Trustees' Responsibilities
The trustees (who are also directors of the charitable company for the purposes of company law) are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law 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 charitable company and of the incoming resources and application of resources, including the income and expenditureof the charitable company for that period. In preparing these financial statements, the trustees are required to:
a) select suitable accounting policies and apply them consistently; b) observe the methods and principles in the Charities SORP;
c) make judgments and accounting estimates that are reasonable and prudent;
d) state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
e) prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.
The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and 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.
This report, which has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006, was approved by the Board on 23.5.2025
and signed on its behalf. Trustee
## Name: ~~_~~ Donald Fairman
3
## Independent Examiner’s Report to the Trustees of Ten-Em-Bee Sports Development Centre
I report on the financial statements of the company for the year ended 31 December 2024 as set out on pages 5 to 15.
## Responsibilities and basis of report
As the charity trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your company’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## Independent examiner's statement
I have completed my examination. I confirm that no 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 company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination; or
4. the accounts 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 accounts to be reached.
> Shruti Soni FCCA FCIE Sutde Sone Shruti Soni Ltd ● Chartered Certified Accountants 117a St. John's Hill Sevenoaks TN13 3PE
Date: 27 May 2025
4
## Ten-Em-Bee Sports Development
Statement of financial activities (incorporating an income and expenditure account) For the year
## ended 31 December 2024
|ended 31 December 2024||||
|---|---|---|---|
|All of the above results are derived from continuing activities. There were no other recognised gains o
stated above. Movements in funds are disclosed in Note 15 to the fnancial statements.
Note Unrestricted
£
Restricted
£
2024
Total
£
Unrestricted
£
Income from:
Charitable activities
Youth and general sports
development programme
2
49,299
-
49,299
52,342
Other trading activities
3
4,334
-
4,334
27,193
Investments - bank interest
1,100
-
1,100
778
Total income
54,733
-
54,733
80,313
Expenditure on:
Charitable activities
Youth and General
Sportsdevelopment
programme
5
96,185
61
96,246
91,246
Total expenditure
96,185
61
96,246
91,246
Net movement in funds
(41,452)
(61)
(41,513)
(10,933)
Reconciliation of funds:
Total funds brought forward
105,798
1,038,938
1,144,736
116,731
Total funds carried forward
15
64,346
1,038,877
1,103,223
105,798|Unrestricted
£
52,342
27,193
778|Restricted
£
-
-
-|2023
Total
£
52,342
27,193
778|
||80,313|-|80,313|
||91,246|81|91,327|
||91,246|81|91,327|
|||||
|||r losses other
(81)
1,039,019|than those
(11,014)
1,155,750|
||105,798|1,038,938|1,144,736|
5
## Ten-Em-Bee Sports Development Company no. 04231843 Balance sheet As at 31 December 2024
||||2024||2023|
|---|---|---|---|---|---|
||Note|£|£|£|£|
|Fixed assets:||||||
|Tangible assets|11||1,041,959||1,043,048|
||||1,041,959||1,043,048|
|Current assets:||||||
|Stock|12|1,526||1,764||
|Debtors|13|6,512||4,198||
|Cash at bank and in hand||61,112||103,830||
|||69,150||109,792||
|Liabilities:||||||
|Creditors: amounts falling due within one year|14|7,886||8,104||
|Net current assets / (liabilities)|||61,264||101,688|
|||||||
|Total net assets / (liabilities)|||1,103,223||1,144,736|
|The funds of the charity:
Restricted income funds|15||1,038,877||1,038,938|
|Unrestricted income funds:||||||
|Designated funds||14,537||13,737||
|General funds||49,809||92,061||
|Total unrestricted funds|||64,346||105,798|
|Total charity funds|||1,103,223||1,144,736|
For the year ending 31 December 2024, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
## **Trustees’ 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 trustees acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements, which have been prepared in accordance with the special provisions relating to
the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), were approved by the Board on ......[2] ...[3] ..[.] ..[0] ..[5] ...[.] ..................................2025 and signed on its behalf by:
Trustee
Name: Donald Fairman Date: 23.05.2025
6
Ten-Em-Bee Sports Development Centre
## For the year ended 31 December 2024
- 1 Accounting policies
- a) Basis of preparation
The financial statements have been prepared in accordance with 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)
- (Charities SORP FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. Ten-Em-Bee Sports Development Centre is a charitable
company limited by guarantee registered in England with registration number 04231843. Its registered office address is 120A Old Bromley Road, BR1 4JY. The accounts are presented in GBP rounded to £1. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy or note.
- b) Public benefit entity
The charitable company meets the definition of a public benefit entity under FRS 102.
- c) Going concern
The trustees consider that there are no material uncertainties about the charitable company's ability to continue as a going concern.
Key judgements that the charitable company has made which have a significant effect on the accounts include estimation of net realisable value of fixed assets.
The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period.
- d) Income
Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the income have been met, it is probable that the income will be received and that the amount can be measured reliably.
Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.
Income received in advance of the provision of a specified service is deferred until the criteria for income recognition are met.
- e) Donations of gifts, services and facilities
Donated professional services and donated facilities are recognised as income when the charity has control over the item or received the service, any conditions associated with the donation have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), volunteer time is not recognised so refer to the trustees’ annual report for more information about their contribution.
On receipt, donated gifts, professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.
7
Ten-Em-Bee Sports Development Centre
## For the year ended 31 December 2024
- 1 Accounting policies (continued)
- f) Interest receivable
- Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.
## g) Fund accounting
Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which
meets these criteria is charged to the fund.
Unrestricted funds are donations and other incoming resources received or generated for the charitable purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular purposes.
## h) Expenditure
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably.
Expenditure is classified under the following activity headings:
- Costs of raising funds relate to the costs incurred by the charitable company in inducing third parties to make voluntary contributions to it, as well as the cost of any activities with a fundraising purpose
- Expenditure on charitable activities includes the costs of performances and choral singing activties undertaken to further the purposes of the charity and their associated support costs
- Other expenditure represents those items not falling into any other heading
- i) Allocation of support costs
Resources expended are allocated to the particular activity where the cost relates directly to that activity. However, the cost of overall direction and administration of each activity, comprising the salary and overhead costs of the central function, is apportioned on an estimate, based on staff time and number of teams, of the amount attributable to each activity.
## j) Operating leases
Rental charges are charged on a straight line basis over the term of the lease.
- k) Tangible fixed assets
Items of equipment are capitalised where the purchase price exceeds £500. Depreciation costs are allocated to activities on the basis of the use of the related assets in those activities. Assets are reviewed for impairment if circumstances indicate their carrying value may exceed their net realisable value and value in use.
Improvement to premises date back to 2003-2004. These include cost of construction for building facilities and improvements to land and pitches among other things. Due to the historic nature of these costs it is impracticle to reasonably estimate the the costs of building facilities alone for accounting and depreciation purposes. Given that improvement to premises mostly consists of land the trustees believe that the net realisable value of the premises can be reasonable estimated to be the same as cost and hence consider that there is no needs to provide depreciation.
Depreciation is provided at rates calculated to write down the cost of each asset to its estimated residual value over its expected useful life. The depreciation rates in use are as follows:
- Fixtures, fittings and Equipment
25% on reducing balance
8
Ten-Em-Bee Sports Development Centre
## For the year ended 31 December 2024
1 Accounting policies (continued)
## l) Stocks
- Stocks are stated at the lower of cost and net realisable value. In general, cost is determined on a first in first out basis and includes transport and handling costs. Net realisable value is the price at which stocks can be sold in the normal course of business after allowing for the costs of realisation. Provision is made where necessary for obsolete, slow moving and defective stocks. Donated items of stock, held for distribution or resale, are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.
## m) Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
- n) Cash at bank and in hand
- Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. Cash balances exclude any funds held on behalf of service users.
- o) Creditors and provisions
- Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
- The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
Income from charitable activities
|Income from charitable activities|||||
|---|---|---|---|---|
|Youth and general sports development programme
Football Fees
Sports/hall hire facilities
Membership subscription
Total income from charitable activities|Unrestric
ted
£
14,505
28,571
6,223|Restricte
d
£
-
-
-|2024
Total
£
14,505
28,571
6,223|2023
Total
£
18,728
28,855
4,759|
||49,299|-|49,299|52,342|
All the total income in 2024 was unrestricted. In line with the Charity's objects, income from hire facilities and membership subscription have been classed as income from charitable activities.
9
## Ten-Em-Bee Sports Development Centre
## For the year ended 31 December 2024
- 3 Income from other trading activities
|Income from other trading activities|||||
|---|---|---|---|---|
|Bar and café income (note 4)
TenEmBee Social Dance fundrasing event
Bar and café income
Bar and café sales
Opening Stock
Puchases
Closing Stock
Gross Margin|Unrestricted
£
3,514
820|Restricted
£
-
-|2024
Total
£
3,514
820|2023
Total
£
24,918
2,275|
||4,334|-|4,334|27,193|
||Unrestricted
£
34,278
(1,764)
(30,525)
1,525|Restricted
£
-
-
-
-|2024
Total
£
34,278
(1,764)
(30,525)
1,525|2023
Total
£
56,353
(1,495)
(31,704)
1,764|
||3,514|-|3,514|24,918|
- 4 Bar and café income
10
## Ten-Em-Bee Sports Development Centre
Notes to the financial statements
For the year ended 31 December 2024
- 5 Analysis of expenditure
|Staf costs (Note 7)
Bank Charges
Cleaning
Depreciation
Equipment Hire
General Expenses
Ground Maintenance
Legal and professional fees
Insurance
Licences, Subscription & Registration Costs
Minibus Expenses
Rent, Rates & Utilities
Repairs & renewal
Sports Equipment, Consumables & fees
Support costs
Total expenditure 2024|Youth and
General
Sports
development
programme
£
5,991
-
-
-
3,003
-
11,448
-
-
1,031
-
-
-
17,355|Support
costs
£
-
155
2,720
1,089
6,656
2,251
8,780
-
-
19,187
16,580
-|2024 Total
£
5,991
155
2,720
1,089
3,003
6,656
11,448
2,251
8,780
1,031
-
19,187
16,580
17,355|2023
Total
£
6,008
195
4,867
1,451
2,851
3,489
18,968
4,493
5174
1,253
1,124
19,361
6,848
15,245|
|---|---|---|---|---|
||38,828
57,418|57,418
(57,418)|96,246
-|91,327
-|
||96,246|-|96,246|91,327|
Of the total expenditure, £96,185 was unrestricted (2023: £91,246) and £61 was restricted (2023: £81).
Analysis of expenditure for 2023
|Analysis of expenditure for 2023||||
|---|---|---|---|
|Staf costs (Note 7)
Bank Charges
Cleaning
Depreciation
Equipment Hire
General Expenses
Ground Maintenance
Legal and professional fees
Insurance
Licences, Subscription & Registration Costs
Minibus Expenses
Rent, Rates & Utilities
Repairs & renewal
Sports Equipment, Consumables & fees
Support costs
Total expenditure 2023|Youth and
General
Sports
development
programme
£
6,008
-
-
2,851
-
18,968
-
-
-
1,253
1,124
-
-
-|Support
costs
£
-
195
4,867
4,493
5,174
-
-
-
19,361
6,848|2023 Total
£
6,008
195
4,867
2,851
-
18,968
4,493
-
5,174
1,253
1,124
-
19,361
6,848|
||45,449
45,878|45,878
(45,878)|91,327
-|
||91,327|-|91,327|
11
## Ten-Em-Bee Sports Development Centre
- For the year ended 31 December 2024
- 6 Net incoming resources for the year This is stated after charging / crediting:
|6
Net incoming resources for the year
This is stated after charging / crediting:|||
|---|---|---|
|Depreciation
7
Staf cost, Trustee remuneration and expenses
Staf costs were as follows:
Salaries and wages
Social security
costs|2024
£
1,089
2024
£
5,991
-
5,991|2023
£
1,451|
|||2023
£
6,008
-|
|||6,008|
No employee earned more than £60,000 during the year (2023: nil).
The charity trustees were not paid or received any other benefits from employment with the charity in the year (2023: £nil). No charity trustee received payment for professional or other services supplied to the charity (2023: £nil).
No trustees were reimbursed any expenses incurred in relation to their duties as trustees (2023: nil)
The Charity employs one part time staff. The trustees take part in the day to day running and management of the Charity .
## 8 Staff numbers
The average number of employees (head count based on number of staff employed) during the year was as follows:
|
follows:|||
|---|---|---|
||2024|2023|
||No.|No.|
|Charitable activities|1.0|1.0|
- 9 Related party transactions
There are no related party transactions to disclose for 2024 (2023: none).
There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties.
## 10 Taxation
The charitable company is exempt from corporation tax as all its income is charitable and is applied for charitable purposes.
12
## Ten-Em-Bee Sports Development Centre
## For the year ended 31 December 2024
|11|Tangible fxed assets|||||
|---|---|---|---|---|---|
||||Restricted|General||
||||Fixtures,|Fixtures,||
|||Improvement|fttings and|fttings and||
|||to premises|equipment|equipment|Total|
||Cost or valuation||£|£|£|
||At the start of the year|1,038,696|76,279|30,197|1,145,172|
||At the end of the year|1,038,696|76,279|30,197|1,145,172|
||Depreciation
At the start of the year|-|76,037|26,087|102,124|
||Charge for the year|-|61|1,028|1,089|
||At the end of the year|-|76,098|27,115|103,213|
||Net book value|||||
||At the end of the year|1,038,696|181|3,082|1,041,959|
||At the start of the year|1,038,696|242|4,110|1,043,048|
All of the above assets are used for charitable purposes.
Improvement to premises date back to 2003-2004. These include cost of construction for building facilities and improvements to land and pitches among other things. Due to the historic nature of these costs it is impracticle to reasonably estimate the the costs of building facilities alone for accounting and depreciation purposes. Given that improvement to premises mostly consists of land the trustees believe that the net realisable value of the premises can be reasonable estimated to be the same as cost and hence consider that there is no needs to provide depreciation.
|12 Stock
Finished goods
13 Debtors
Trade debtors
Other debtors
Prepayments and accrued income
14 Creditors: amounts falling due within one year
Trade creditors
Accruals and deferred income|2024
£
1,526
1,526
2024
£
500
4,304
1,708
6,512
2024
£
-
7,886
7,886|2023
£
1,764|
|---|---|---|
|||1,764|
|||2023
£
830
2,193
1,175|
|||4,198|
|||2023
£
87
8,017|
|||8,104|
13
## Ten-Em-Bee Sports Development Centre
||Ten-Em-Bee Sports Development
Centre|Ten-Em-Bee Sports Development
Centre|Ten-Em-Bee Sports Development
Centre|Ten-Em-Bee Sports Development
Centre|||
|---|---|---|---|---|---|---|
||For
the
year
ended
31
December
2024||||||
|15
15|Analysis of net assets between
Tangible fxed assets
Net current assets
As at year ended 31 December
Tangible fxed assets
Net current assets
As at year ended 31 December
Movements in funds
Restricted funds:
Premises improvement and
fxtures and equipments
LB Lewisham - Holiday Activties
& Food programme
Total restricted funds|funds
2024
2023
At 1 January
2024
£
1,038,938
-|General
unrestricted
£
3,082
46,727|Designated
£
-
14,537|Restricted
£
1,038,877
-
1,038,877
Restricted
£
1,039,127
-
1,039,127
Transfers
£
-
-
-
800
(800)
-
-|Total funds
£
1,041,959
61,264|
||||49,809|14,537||1,103,223|
||||General
£
3,921
87,951|Designated
£
-
13,737||Total funds
£
1,043,048
101,688|
||||91,872|13,737||1,144,736|
||||Incoming
resources &
gains
£
-|Outgoing
resources &
losses
£
(61)
-||At 31
December
2024
£
1,038,877
-|
|||1,038,938|-|(61)||1,038,877|
||Unrestricted funds:
Designated funds:
ASTRO turf
General funds
Total unrestricted funds
Total funds|13,737
92,061|-
54,733|-
(96,185)||14,537
49,809|
|||105,798|54,733|(96,185)||64,346|
|||1,144,736|54,733|(96,246)||1,103,223|
14
## Ten-Em-Bee Sports Development Centre
## For the year ended 31 December 2024
15 Movements in funds
(continued)
|Movements in funds
(continued)||||||
|---|---|---|---|---|---|
|Restricted funds:
Premises improvement and
fxtures and equipments
LB Lewisham - Holiday Activties
& Food programme
Total restricted funds
Unrestricted funds:
Designated funds:
ASTRO turf
General funds
Total unrestricted funds
Total funds|At 1 January
2023
£
1,039,019
-|Incoming
resources &
gains
£
-
-|Outgoing
resources &
losses
£
(81)
-|Transfers
£
-
-
-
-
-
-
-|At 31
December
2023
£
1,038,938
-|
||1,039,019|-|(81)||1,038,938|
||13,737
102,994|-
80,313|-
(91,246)||13,737
92,061|
||116,731|80,313|(91,246)||105,798|
||1,155,750|80,313|(91,327)||1,144,736|
Purposes of restricted funds
Restricted funds represents the amount equal to the net book value of Premises improvement and Fixtures and equipment funded through restricted capital grant in ealier years.
## Purposes of designated funds
The trustees has decided a portion of the fees collected from football, should be allocated to for ASTRO truf going forward. This will help in the future end of its life replacement.
16 Legal status of the charity
The charity is a company limited by guarantee and has no share capital. The liability of each member in the event of winding up is limited to £1.
15