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2021-03-31-accounts

Registered Number 3491562 Charity Number 1091447

LAW LEISURE & LEARNING

(A Company Limited by Guarantee)

MANAGEMENT COMMITTEE REPORT AND FINANCIAL STATEMENTS

For the year ended 31st March 2021

1

Law Leisure & Learning

Law Leisure & Learning
Statement of Financial Activities (including Income and Expenditure Accounts)
For the year ended 31st March 2021.
CONTENTS 2
Legal and administrative information 3
Trustee's report 4 - 5.
Independent Examiner’s Report 6
Statement of Financial Activities 7
Balance Sheet 8
Notes forming part of the financial statements 9 - 14.
The following pages do not form part of the statutory accounts
Detailed income and expenditure account 15

2

Law Leisure & Learning LEGAL AND ADMINISTRATIVE INFORMATION For the year ended 31st March 2021

Management Committee Sara Antonio Kerry Holcroft Ahmed Rahman Mark Springer Company Registered Number 3491562 Charity Registered Number 1091447 Registered Office 2 - 10 Queens Head Road Handsworth, Birmingham B21 0QG Secretary Kerry Holcroft Accountants Jecom & Co Incorporated Financial Accountants (IFA) 276 Monument Road Edgbaston Birmingham B16 8XF Bankers Lloyds Bank Plc 162 Soho Road Handsworth Birmingham. B21 9LN

3

LAW LEISURE & LEARNING MANAGEMENT COMMITTEE'S REPORT For the year ended 31st March 2021.

The Management Committee who are also directors of the charity for the purposes of the Companies Act, submit their annual report and the financial statements of Law Leisure and Learning (the Charity) for the year

ended 31st March 2021. The Management Committee confirm that the annual report and financial statements of the Charity comply with current statutory requirements, the requirement of the Charity's governing document and the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities issued in October 2000.

Method of appointment or election of Management Committee

The Management of the Charity is the responsibility of the Management Committee who are elected and co-opted under the terms of the Articles of Association.

Constitution policies and objectives

The Charity is registered as a charitable company limited by guarantee and was set up by a Memorandum of Association

The principle object of the Charity is to teach Information Technology, English as a second language and Animature training. The charity also provides training in community recruitment agency and organises sporting activities including boxing and football and also run special courses for single mothers up to NVQ levels in Childcare, Cooking and Parenting. Other objects of the Charity include provision of teaching in Law and Regulation, a law centre for all nationalities with legal problems and mediation service to help people resolve disputes without the need for litigation.

There have been no changes in the objectives since the last annual report.

Organizational structure and decision making

The organization of the Charity is controlled by the members of the Management Committee.

Review of activities

During the year the Charity received a total of £116,952 from grants and other sources. The financial results for the year are shown in the annexed accounts

Reserves policy

It is the policy of the management committee to work towards holding the minimum reserves necessary to enable the Charity to meet its commitments for a minimum period of three months.

4

LAW LEISURE & LEARNING MANAGEMENT COMMITTEE'S REPORT For the year ended 31st March 2021.

Management committee's responsibilities

Company and Charity law applicable to charities in England/Wales requires the Management Committee to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and of the surplus or deficit of the Charity for the period. In preparing those financial statements the Management Committee have

The Management Committee have overall responsibility for ensuring that the charity has an appropriate system of controls, financial and otherwise. They are also responsible for keeping 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 Companies Act 2006. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the detection and prevention of fraud and other irregularities. These account has been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The report was approved by the Management Committee on ………....… and signed on its behalf by

Kerry Holcroft Secretary

Mark Springer Director

`

5

Law Leisure & Learning Independent Examiner’s Report to the trustees of Law Leisure & Learning

For the year ended 31st March 2021.

I report on the accounts for the year ended 31st March 2021 which are set out on pages 7 to 16 Respective responsibilities of trustees and examiner

The charity’s trustees consider that an audit is not required for this year (under section 43(2) of the charity Act 1993 (the Act) and that an independent examination is needed. It is my responsibility to:

Examine the accounts (under section 43 of the Act), to follow the procedures laid down in the general Directions given by the Charity Commission (under section 43(7)(b) of the Act), and to state whether particular matters have come to my attention.

Basis of Independent examiner’s report

My examination was carried out in accordance with General Directions given by the Charity Commission.

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 the accounts, and seeking 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 consequen

no opinion is given as to whether the accounts present a true and fair view and the report is limited to tho matters set out in the statement below.

Independent examiner’s statement

In the course of my examination, no matter has come to my attention:

1. Which gives me reasonable cause to believe that in, any material respect, the requirements:

to keep accounting records in accordance with section 41 of the Act; and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 1993 Act; have not been met; or

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

J. Okundaye AFA FFTA FIAB Jecom & Co Incorporated Financial Accountants 276 Monument Road

Edgbaston Birningham B16 8XF

6

Law Leisure & Learning

STATEMENT OF FINANCIAL ACTIVITIES For the year ended 31st March 2021.

Note
INCOMING RESOURCES
Donations legacies and similar incoming
resources
2
RESOURCES EXPENDED
Charitable expenditure:
Cost of activities in furtherance of the
charity's objects
Support costs for grants and activities
3
Resources expended on managing and
administering the charity
4
TOTAL RESOURCES EXPENDED
5
MOVEMENT IN TOTAL FUNDS FOR THE
YEAR - NET INCOME/(EXPENDITURE)
FOR THE YEAR
TOTAL FUNDS AT 1 APRIL 2020
TOTAL FUNDS AT 31st March 2021		 Restricted
Unrestricted
Total
Total
Funds
Funds
Funds
Funds
2021
2021
2021
2020
£
£
£
£
17,000
70,952
87,952
99773
17,000
70,952
87,952
99,773
63,772
63772
46846
17000
36934
53938
53938
17000
100706
117706
100784
100706
117710
100784
-29,755
-29,755
-1007
19716
19716
19716
0
-29,755
-29,755
-1,007

The Statement of Financial Activities includes all gains and losses recognized in the year The notes on page 10 to 15 form part of these financial statements

7

BALANCE Sheet As at 31st March 2021.

FIXED ASSETS
Note
Tangible fixed assets
8
CURRENT ASSETS
Debtors
9
Cash at Bank and in Hand
CREDITORS - Amount falling due
10
within one year
NET CURRENT ASSETS
NET ASSETS
12
CHARITY FUNDS
Restricted Funds
11
Unrestricted Funds
11		 23459
23459
0
0

The Trustees have:-

The financial statements were approved by the Trustees on the 18th October 2021 And are signed on their behalf by:

Mark Springer Director

The notes on pages 10 - 15 form part of these financial statements

8

Law Leisure & Learning NOTES TO THE FINANCIAL STATEMENTS For the year ended 31st March 2021.

1 ACCOUNTING POLICIES

1.1 Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective June 2002). The financial statements have been prepared in accordance with the Statement of Recommended Practice (SORP). "Accounting and Reporting by Charities" published in October 2000,

1.2 Charity Status

The members of the charity are the trustees named on page 1 in the event of the Charity being wound up.

1.3 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the Charity and which have not been designated for other purpose.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors which have been raised by the Charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

1.4 Incoming resources

All incoming resources are included in the Statement of Financial Activities when the Charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

Gifts in kind donated for distribution are included at valuation and recognized as income when they are distributed to the projects. Gifts donated for resale are included as income when they are sold. Donated facilities are included at the value to the Charity where this can be quantified and a third party is bearing the cost. No amounts are included in this financial statements for services donated by volunteers.

9

Law Leisure & Learning NOTES TO THE FINANCIAL STATEMENTS For the year ended 31st March 2021.

Intangible income, which comprises donated services, is included in income at a valuation which is an estimate of the financial cost borne by the donor where such a cost is quantifiable and measurable. No income is recognized where there is no financial cost borne by a third party.

Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognized at the time of the donation.

1.5 Resources expended

All expenditure is accounted for on an accruals basis and has been included under expense categories that aggregate all costs for allocation to activities. Where costs cannot be directly attributed to particular activities they have been allocated on a basis consistent with the use of the resources.

Fund-raising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities. Support costs are those costs incurred directly in support of expenditure on the objects of the Charity and include project management carried out at Headquarters. Management and administration costs are those incurred in connection with administration of the Charity and compliance with constitutional and statutory requirements.

1.6 Cash flow

The financial statements do not include a cash flow statement because the charitable charity, as a small reporting entity is exempt from the requirement to prepare such a statement under the Financial Reporting Standard for Smaller Entities (effective June 2002).

1.7 Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets less their estimated residual value over their expected useful lives on the following basis:

Motor Vehicle - Furnitures and Fixtures - Office Equipment -

25% Straight line 25% Straight line 25% Straight line

10

Law Leisure & Learning NOTES TO THE FINANCIAL STATEMENTS For the year ended 31st March 2021.

2 DONATIONS, LEGACIES AND SIMILAR INCOMING RESOURCES

**Restricted ** Unrestricted Total Total
Funds Funds Funds Funds
2021 2021 2021 2020
£ £ £ £
Income 70952 70,952 82,773
Birmingham & Blackcountry community fun 17,000 17,000 17,000
17,000 70,952 87,952 99,773

3 SUPPORT COSTS FOR GRANTS AND ACTIVITIES

Printing postage & stationary
Light & Heat
Bank charges
Functions
Toiletories & first aid
Groceries
Insurance
Travel and subsistence
Repairs & maintenance
Total		 RestrictedUnrestricted
Total
Total
Funds
Funds
Funds
Funds
2021
2021
2021
2020
£
£
£
£
243
243
412
10218
10218
5402
80
80
86
0
0
520
980
980
1
2166
2166
4023
3056
3056
3382
896
896
1376
0
2393
2393
2462
0
20032
20032
17665

11

Law Leisure & Learning

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31st March 2021.

4 RESOURCES EXPENDED ON MANAGING AND ADMINISTERING THE ADMINISTERING THE CHARITY
RestrictedUnrestricted Total Total
Funds Funds Funds Funds
2021 2021 2021 2020
£ £ £ £
Sundries 0 41 41
Audit & Accountancy fees 3,866 4,063 4,063
Professional fees 3,156 629 629
Property rent 17,000 11,872 42,391 42,391
Telephone 3,068 2,535 2,535
Depreciation - motor vehicles 0 65 65
Depreciation - office equipment 1982 3,887 3,887
Depreciation - fixtures & fittings 103 324 324
Total 17000 36934 53893 53934
5 ANALYSIS OF RESOURCES EXPENDED BY EXPENDITURE TYPE ANALYSIS OF RESOURCES EXPENDED BY EXPENDITURE TYPE ANALYSIS OF RESOURCES EXPENDED BY EXPENDITURE TYPE ANALYSIS OF RESOURCES EXPENDED BY EXPENDITURE TYPE ANALYSIS OF RESOURCES EXPENDED BY EXPENDITURE TYPE
Staff Costs Depreciation Other Costs Total Total
2021 2021 2021 2021 2020
£ £ £ £ £
Wages and salaries/Nat. insurance 63772 2,834 66,606 49,680
Pension 654 654 654
Support costs for grants and
activities 20,032 20,032 17,665
Resources expended on managing
and administering the charity 2085 20,032 22,117 19,878
Total Resources Expended £64,426 £2,085 £42,897 £109,408 £87,876 87,876

6 NET INCOMING RESOURCES/(RESOURCES EXPENDED)

This is stated after charging
Depreciation of tangible fixed assets
owned by the charity
Audit & Accountancy fees
Professional fees		 Total
Total
2021
2020
£
£
2085
2,213
3866
1,195
896
1,376
6846
4784

12

Law Leisure & Learning

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31st March 2021.

During the year no Trustees received any remuneration (2021 - £NIL)

During the year no Trustees received any benefit in kind (2021 - £NIL)

During the year no Trustees received any reimbursement of expenses (2020 - £NIL)

7 STAFF COSTS AND NUMBERS

STAFF COSTS AND NUMBERS
Staff costs were as follows 2021 2020
£ £
Voluntary Expenses 60,938 44,012

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

2021 2020
Administrative 3 2

No employee received remuneration amounting to more than £50000 in either year

TANGIBLE FIXED ASSETS
Cost
At 1 April 2020
Addition in year
Depreciation
At 1 April 2020
Charge for the year
At 31st March 2021
Net book value
At 31st March 2021
At 31 March 2020
DEBTORS
Due within one year
Debtors
Cash in hand and at bank		 Motor
Equipment Fixtures &
Total
Total
Vehicles
Fittings
£
£
£
£
£
0
5709
411
6119
7,813
580
1110
1,690
1,100		 Motor
Equipment Fixtures &
Total
Total
Vehicles
Fittings
£
£
£
£
£
0
5709
411
6119
7,813
580
1110
1,690
1,100		 Motor
Equipment Fixtures &
Total
Total
Vehicles
Fittings
£
£
£
£
£
0
5709
411
6119
7,813
580
1110
1,690
1,100
0
6819
411
7810		 8913
0
1705
103
1952
2,228
278
0
423
275
0
1982
103
2375
2,503
0
4837
308
5145
6,119
0
12199
973
13172
11843
2021
2021
2020
£
£
£
23459
30889
30,889
23459
30889
30889

13

Law Leisure & Learning

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31st March 2021.

TO THE FINANCIAL STATEMENTS
year ended 31st March 2021.
isure & Learning
10 CREDITORS
Amount falling due within one year
Bank Loan and overdrafts
Accruals
Tax & National Insurance Contribution		 2021
2020
£
£
0
0
0
0
0
2834
2,834
£2,834
£2,834

11 STATEMENT OF FUNDS


UNRESTRICTED FUNDS
General Funds
General Fund 1
Subtotal
RESTRICTED FUNDS
Restricted Funds
SUMMARY OF FUNDS
General Funds
Restricted Funds
Total of Funds		 Brought
IncomingResources
Carried
Forward
ResourcesExpended
Forward
£
£
£
£
55136
116952
111562
60,526
55136
116952
111562
60526
84773
116952
17000
184,725
84,773
116,952
17,000
184,725
£
£
£
£
55136
116952
111562
60,526
111985
116952
17000
211,937
167121
233904
128562
272463

12 ANALYSIS OF NET ASSETS BETWEEN FUNDS

Tangible fixed assets
Debtors due after more than 1 year
Current assets
Creditors due within one year
Total		 RestrictedUnrestricted
Total
Total
Funds
Funds
Funds
Funds
2021
2021
2021
2020
£
£
£
£
0
5145
5145
6,119
0
28604
28604
10,461
0
33748
33748
16580

14

Law Leisure & Learning

DETAILED INCOME AND EXPENDITURE ACCOUNT For the year ended 31st March 2021

31st
INCOME
~
Birmingham Youth Service
PTC CCLORS
Community activities
LESS : EXPENDITURE
Wages & Salaries
Pension
National Insurance contributions
Property rent and rate
Light & Heat
Printing, Postage & Stationery
Repairs & Maintenance
Functions
Groceries
Insurance
Toiletories and first aid
Travel and subsistence
Telephone & Fax
Protective clothings
Professional fees
Audit & Accountancy fees
Sundries
Bank Charges
Depreciation - motor vehicles
Depreciation - office equipment
Depreciation - Fixtures and fittings
TOTAL EXPENDITURE
NET INCOME FOR THE YEAR		 Fund
March 2021 31st March 2020
£
£
17000
17000
29000
70952
82773
116952
116952
99773
99773
60938
44012
654
654
2834
2834
11872
21459
10218
5402
243
412
2393
2462
0
520
2166
4023
3056
3382
980
1
896
1376
3068
2636
3056
3156
6134
3866
1195
0
80
86
1982
2076
103
137
111,562
98801
£
5390
£
972		 March 2020
£
17000
82773
99773
99773

15