London Wheelchair Rugby Club Report and Financial Statements Year ended: 31 May 2024 Charity no: 1096669
London Wheelchair Rugby Club Contents Report of the Trustees Independent Examinerfs Report Statement of Financial Activities Balante Sheet Notes to the Financial Statements Detailed Statement of Flnancial Activities
London Wheelchair Rugby Club Report of the trustees for the year ended 31 May 2024 The trustees present their report wlth the financial statements of the charity for the year ended 31 May 2024. The trustees have adopted the provisions of the Statement of Recommended Practice ISORPI "Accounting and Reportin8 by Charities" IFRS 1021 in preparing the annual report and financial statements of the charity. REFERENCE AND ADMINISTRATIVE DETAILS Reglstered Charity Number 1096669 Prlnciple address 141 Holloway Road Heybridge E55ex CM9 45W Trustees Mr S Palmer Mr l Frisberg Mr D Goddard Mrs A Burn5 Independent Examlner Pocknells LLP 46 Hullbridge Road South Woodham Ferrers Essex CM3 5NG STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng Document The charlty Is controlled by its governing document, a deed of trust. and constitutes an unincorporated charlty. Organlsatlonal structure The charity is administered and managed In accordance with it5 constitution by the members of the executive committee, The executlve committee shall conslst of not less than 4 members no more than 8. Rlsk management The trustees have a duty to identify and review the rlsks to which the charity 15 exposed and to ensure approprlate controls are in place to provide reasonable assurance against fraud and error, OBJECTIVES AND ACTIVITIES Objectlves and alm5 The charity's objects I'the oblects'l are the relief of disabled people by the promotion of wheelchair ru8by in London and the south east of England. Volunteers The charlty Is grateful for the unstinting efforts of its volunteers who are involved in service provlsion and fund-ralsing. Achlevements and performance LWRC enjoyed considerable success, sweeplng the domestic titles and representing ourselves well at Bernd Best. Financial review and reserves The Financial result5 for the year are shown in the statement of financial actlvities on pages 4 to 9. The trustees have examined the tharitls requirements for reserve5 and have established a policy that unrestrirted re5eNes should be sufficient to cover at least six months of the charity's expenditure. It is hoped that during the coming year the trust will be able to reserve sufficient funds to improve the situatlon.
London Wheelchair Rugby Club Plans for future periods The charity plans to Irbcrease the number of donations received in order to cover the expenditure and ensure that the charitws fund has a sufficient balance which will allow the club to continue running for a number of years. Mr S Palmer - Chairman 18 October 2024
London Wheelchair Rugby Club Independent Examiner'5 Report to the Trustees of London Wheelchair Rugby Club I report on the accounts of the charity for the year ended 31 May 2024 set out on pages 4 to 9. Respectlve responsibilities of irustees and examiner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit Is not required for thi5 year under sectlon 144121 of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to.. examine the account5 under sertlon 145 of the 2011 Act: follow the procedure5 laid down in the 8eneral Directions given by the Charity Commisslon under section 14515llbl of the 2011 Act,. and state whether partlcular matters have come to my attention. Basls of Independent examlner's report My examinatlon was carried out in accordance with the general Directions given by the Charity Commlsslon. An examination includes a review of the accounting records kept by the charity and a compar150n of the accounts presented with those record5. It also includes consideration of any unusual item5 or disclosures in the accounts, and seeking explanation5 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 no oplnSon is given as to whether the accounts present a 'true and falr view. and the report 15 limited to those matters set out in the statement below. Independent examlner's statement In connertion with my examinatlon, no matter has come to my attentlon.. whlch glves me reasonable cause to believe that, in any materlal respect, the requirements.. to keep accounting records In accordance wlth sectlon 130 of the 2011 Act; and to prepare accounts which accord wSth the accounting record5 and comply wlth the accounting requirements of the 2011 Act have not been met,. or to which, in my opinion, attentlon should be drawn in order to enable a proper understanding of the account5 to be reached. Pockne115 LLP 46 Hullbridge Road South Woodham Ferrers Essex CM3 5NG Date.. 18 October 2024
London Wheelchair Rugby Club Statement of Financial Activities for the year ended 31 May 2024 2024 Total Fund5 2023 Total Funds Notes INCOMING RESOURCES Incoming resource5 from generated funds: Voluntary income Activitie5 for generatlng funds: Investment income 149,375 114,150 153 Total incomlni resources RESOURCES EXPENDED Cost of 8eneratlng funds: Charltable expenditure 149 528 li 123 296 NEf INCOMING RESOURCES 26,232 18,590 RECONCILIATION OF FUNDS Fund balances brought forward at l June 2023 Fund balances carried forward ot 31 May 2024 110,755 84,S23 All of the above results are derlved from continuln8 activitles.
London Wheelchair Rugby Club Balance Sheet as at 31 May 2024 2024 Total Fund5 2023 Total Funds Notes FIXED A55ETS Tangible a55ets 33,226 15,556 CURRENT ASSETS Debtors Cash at bank and In hand 78,609 69,987 CREDITORS Amounts falling due withln one year 11,0801 11,0201 NET CURRENT ASSETS 111,835 68,967 TOTAL ASSETS LESS CURRENT LIABILITIE5 110,755 84,523 CREDITORS Amounts falllng due after more than one year NET A55ETS 89,506 84,523 FUNDS Unrestrlcted funds 110,755 84,523 Total fund5 110,755 84,523 The financlal statements were approved and authorised for i55ue by the trustees on 18 Ottober 2024 and signed on thelr behalf bv: Mr S Palmer Chairman
London Wheelchair Rugby Club NOTES FORMING PART OF THE FINANCIAL STATEMENTS for the year ended 31 May 2024 Accounting policies (a) Basi5 of preparation The charity constitute5 a public benefit entity as defined by FRS 102. The financial statement5 have been prepared in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their actounts in accordancè with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republlc of Ireland IFRS 1021, the Charlties Act 2011 and UK Generally Accepted Practice. Ibl Incomlng resources All incoming resources are included in the SOFA when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. Icl Resources expended All expendlture Is accounted for on an accruals basls and has been classlfled under headln8S that a8Bregate all costs related to the category. Where costs cannot be directly attributed to partlcular headings they have been allocated to activities on a basis cons15tent wlth use of the resources. Idl Tan8lble fixed a5set$ and depreclatlon Depreclatlonls provided at the followin8 annual rate5 in order to wrlte off each a55et over it5 estimated useful Ilfe. Plant and machlnery Motor vehicles Computer equipment 25% on reducin8 balance 25% on reducing balance 25% on reducing balance lel Taxation The charlty Is exempt from tax on Its charltable actlvltles. Fund a¢countln8 Unrestricted funds can be used in a¢cordance with the ¢harltablè objectives at the discretion of the trustees. Restricted funds can only be used for particular restritted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised f¢r particular restricted purposes. ACTIVITIES FOR GENERATING FUNDS 2024 2023 Sponsorships INVESTMENT INCOME 2024 2023 Deposit account interest 153 93
London Wheelchair Rugby Club TRUSTEES, REMUNERATION AND BENEFITS The trustees neither received nor waived any emoluments during the year12023- £Nill. Trustee5' Expense5 The trustees neither received nor waived any expenses during the year12023.. £Nill. TANGIBLE FIXED ASSETS Plant and machlnery Motar Vehlcles Computer equlpment Total Cost At l June 2023 Additions Disposals 121,842 28.332 18,521 5,065 414 145,428 28,746 At 31 May 2024 150.174 18,521 5.479 174,174 Depreclation At l June 2023 Charge for year 112,199 9,494 13,833 1,172 3,840 410 129,872 11,076 At 31 May 2024 121,693 15,005 4,250 140,948 Net book value at 31 May 2024 28,481 3,516 1,229 33,226 At 31 May 2023 9,643 4,688 1,225 15,S56 DEBTORS 2024 2023 Other debtors CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Other credltors 1,080 1,020 CREDITORS: AMOUl+lTS FALUNG DUE AFfER MORE THAN ONE YEAR 2024 2023 Other creditors
London Wheelchair Rugby Club MOVEMENT IN FUNDS Net movement in funds At 1.6.23 At 31.5.24 Unrestricted fund5: General fund 84,523 26,232 110,755 Total funds 84,523 26,232 110,755 Net movement in funds. included in the above are as follows Incomln8 Resources Movement In •Mpended funds re50ur¢È5 Unrestrlcted fund5: General fund 149,528 1123,2961 26,232 Total funds 149,528 1123,2961 26.232
London Wheelchair Rugby Club 31.05.24 31.05.23 INCOMING RESOURCES Voluntary income Donations 149,375 114,150 Investment income Deposit account interest 153 93 Total incoming resource5 149,528 114,243 RESOURCES EXPENDED Charltable expendSture Fundrai51ng costs PR. Profile Raisin& Postage, Prlntlng & Admin Professlonal costs 22,199 896 17,631 758 16,265 7,872 6.290 49.338 12,872 6,252 1,682 46,893 3,331 Irrecoverable VAT Gloves. tape & equipment including repairs Competitlon entry. travel & accomodatlon Membership fees Accountancy Insurance 7,017 1,080 1,133 70 1.020 1.161 97 Computer and website runnlng costs Bank Charges Depreciation of plant and machlnery Depreciation of motor vehlcle Depreciation of computer equipment 60 66 9,494 1,172 410 2,411 1,172 307 Total resources expended 123,296 9S,653 Net Intome for the year I (resources expended) 26,232 18,590