2021-03-31-accounts - London Tigers

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REGISTERED CHARITY NUMBER: 1100019

Report of the Trustees and Financial Statements for the Year Ended 31 March 2021

for

LONDON TIGERS

ACN Accountants Chartered Certified Accountants 41 Orsett Road Grays Essex RM17 5DS

LONDON TIGERS

Contents of the Financial Statements
for the Year Ended 31 March 2021

	Page
Report of the Trustees	1 to 5
Independent Examiner's Report	6
Statement of Financial Activities	7
Balance Sheet	8
Cash Flow Statement	9
Notes to the Cash Flow Statement	10
Notes to the Financial Statements	11 to 18
Detailed Statement of Financial Activities	19 to 20

LONDON TIGERS

Report of the Trustees
for the Year Ended 31 March 2021

The trustees present their report with the financial statements of the charity for the year ended 31 March 2021. The trustees have adopted the provisions of 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).

OBJECTIVES AND ACTIVITIES

Public benefit

We have always, and will continue to, take out responsibilities of ensuring that our charitable activities contribute significantly to the lives of those we work with and specifically within the local areas in which those activities are undertaken.

We have referred to the guidance provided by the Charity Commission on public benefit, and all our charitable activities are directed towards having a lifelong impact in our area of benefit and service users alike and these activities are undertaken to further our charitable purposes for the public benefit. In particular, the Board of Trustees consider how our services will contribute to these aims and objectives in planning our future services.

Strategic Partnership

We act as a strategic organisation working with partners across the sector as well as statutory providers to enable members of the community to engage with service providers and to enable those providers to adapt services to better meet the needs of the community. We provide ideas and input into discussions and consultations on policy matters. Staff and trustees attend a range of internal and external meetings to help set the direction of the organisation and to share best practice and ideas.

We work in consultation and partnership with the local community and statutory and voluntary agencies in developing our programmes, projects and service and responding to emerging need and new initiatives.

We are widely involved in collaborative and partnership work and developed further opportunities by being actively involved in new initiatives both locally and nationally. Partnership working benefits our users as it identifies need and gaps in provision, prevents duplication of services and enables accurate referral and information to and from partnership organisations. It enables access to funding streams and increases our effectiveness and resilience through joint provision of services and the exchange of good practice, policies and information.

Page 1

LONDON TIGERS

Report of the Trustees

for the Year Ended 31 March 2021

ACHIEVEMENT AND PERFORMANCE ACKNOWLEDGMENT

The charity aims to develop a diverse funding base for its activities. We continue to attract funding for various programmes, projects and services from a wide range of other sources - charitable trusts, private companies, donations and our own income generating activities.

We would like to thank all of our funders and supporters from the Central Government, Local Authorities, GLA, Charity Trust & Foundation and Cooperative institutions.

We would also like to thank all of our individual donors for their donation and Gift Aid which has helped us carry out our crucial work.

YEAR IN REVIEW

The following details are our proud achievements for the year to March 2019, cementing and building upon ongoing delivery of programmes, projects and services that continues to demonstrate that we remain rooted in community activism.

Quality Marks

We have maintained the following Quality Marks and accreditation:

Quests Active Westminster Mark FA Charter Standard Development Club ECB Club Mark (Cricket Accreditation Scheme)

Children & Young People

We engage children & young people across some of the most disadvantaged boroughs of London, supporting them away from antisocial behaviour, giving them a safe place to explore, learn and achieve through our youth services. These model follows a generic youth club to engage young people in fun and social activities and leads to outcome focused youth work, including:

Youth Volunteering programme.

Social Action programmes that touches on the environment and social issues. Jack Petchey Achievement Award Scheme. Education enrichment through study support and leadership programmes. Careers Advice and IAG support including CV building. Doorstep Estate based youth diversion programme

Community Safety

London Tigers organised projects and events to help create and strengthen community ties. Our Building Community Resilience Project taught young people critical thinking and leadership skills. They organised a series of community competitions and events to tackle knife crime and bring together the community. Our Estate Based Doorstep Sports and Youth Clubs with the support of housing associations and TARA in many London boroughs, providing positive engagement for local young people.

Skills Development

We equip individuals from disadvantaged communities with the skills and experience they need to improve their future prospects. Unemployment and a lack of adequate training and skills are issues that many face. Our ongoing volunteering programme enhances our engagement with local residents with our programme and activities. We have over 50 volunteers that are involved throughout our events and activities from diverse background.

Page 2

LONDON TIGERS

Report of the Trustees

for the Year Ended 31 March 2021

Our coaches and volunteers have been recognised at our Award Ceremony and with external awards and many of our beneficiaries have moved on to successful employment and opportunities.

Health & Wellbeing

London Tigers promotes general healthy living as well addressing key issues in the ethnic minority community such as smoking, poor diet and low levels of physical activities. These include events, tournaments and annual sports days and regular physical activity sessions such as fitness, aerobics and more. Our successful family and women engagement activities thrived in Tower Hamlets, Westminster and Ealing, engaging over 300 participants from BAME backgrounds participating regularly in health and fitness sessions.

Sports Pathway

London Tigers uses sports to engage with disadvantaged communities and tackling community issues by providing entry level engagement sessions with the support and opportunity to progress to elite level and beyond. Our beneficiaries can take advantage of opportunities to simply participate or to compete in leagues, professional environments and with professional sports players. We are the lead organiser of sporting events for the UK Bangladeshi Community in the area of Football, Cricket, Badminton and Carrom.

FINANCIAL REVIEW

Throughout the year, the Board of Trustees reviewed quarterly management accounts and control was also exercised by senior staff and the Treasurer in line with the Charity's Financial Management Policy. This prudent approach has resulted in a surplus which takes unrestricted reserves to £240,081. The unrestricted reserves are just for 6 months running costs, which is within the reserves policy approved by the Trustees to meet circumstances of loss of funding or other risks to the organisation and working towards 12 months. London Tigers have a development/sinking fund for our leased sports facility we have allocated £170,000.

Our revenue costs is dependent on funding received, therefore the costs required for reserves is not equal to the 6 months cost from this financial year. The Trustees consider that reserves at this level will ensure in the event of a significant drop in funding, they will be able to continue a minimum level of activities while consideration is given to ways in which additional funds may be raised. London Tigers will actively work to achieve this level of reserves.

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.

The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity.

The Charity is registered as a charity and is governed by its Memorandum and Articles of Association. The board of trustees administers the charity. The trustees meet four times a year, and there are committees covering finance and Personnel.

The trustees are responsible for setting general policy, finalising and approving the annual plan and budget, monitoring the charity and taking major decisions about the strategic direction of the charity and any capital expenditure.

A Chief Executive is appointed by the trustees to manage the day to day operations of the charity. To facilitate effective operations, the Chief Executive has delegated authority, within terms of delegation approved by the trustees, for operational matters including finance, employment and performance related activity. The Chief Executive is supported by s a dynamic and skilled senior management team.

The senior management team lead on strategy & sustainability, business & partnership development and coordinates fundraising initiatives. The remaining staff are employed to manage and develop particular programmes, projects and service areas or have specific administration or premises-related responsibilities.

Page 3

LONDON TIGERS

Report of the Trustees
for the Year Ended 31 March 2021

STRUCTURE, GOVERNANCE AND MANAGEMENT Trustee Induction and Training

Due to the charity's selection procedure, most trustees are already familiar with the work of the charity. However, new trustees undergo an orientation day to brief them on their legal obligations under charity law, the content of the Memorandum and Articles of Association, the Board and decision-making processes, the business plan and recent financial performance of the charity. During the induction day they meet key employees and other trustees whenever possible. The day is jointly led by the Chair of the Board and the Chief Executive of the charity. Trustees are also encouraged to attend external events where these will facilitate the undertaking of the roles and enhance their understanding of the charity's remit.

In addition, a Trustees' induction pack is given, which provides information on both the charity and the context within which it operates. The pack draws information from a range of Charity Commission publications; the Commission's guide 'the Essential Trustee', as well as those produced by the charity itself. These include the Strategic Plan, the Organisation's Structure and the latest Financial Statements.

Risk management

The trustees have assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the charity. These risks are formally documented and regularly reviewed, and the trustees are satisfied that systems are in place to mitigate the charity's exposure to significant risk.

The three main risks the charity faces are:

Financial Reputation Staffing

The Finance and Personnel Committee include the charity's risk registers as a standing item on its agendas. Further any risk highlighted as high risk or issues arising are reported at each meeting of the Board of Trustees.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1100019

Principal address

No 13 Selbourne House 36A Elgin Avenue London W9 3AZ

Trustees

R Boddy Chairperson W Ahmed Trustee A Khan Trustee M Ahmed Trustee A Adaramola Trustee M Abdullah Trustee

Independent Examiner

ACN Accountants Chartered Certified Accountants 41 Orsett Road Grays Essex RM17 5DS

Page 4

LONDON TIGERS

Report of the Trustees
for the Year Ended 31 March 2021

REFERENCE AND ADMINISTRATIVE DETAILS

Bank

LLOYDS BANK PLC 167-169 Edgware Road Paddington London W2 2HR

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed 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 and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to

select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charity SORP;
make judgements and estimates that are reasonable and prudent;
state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by order of the board of trustees on............................................ and signed on its behalf by:

................................................................. R Boddy - Trustee

Page 5

Independent Examiner's Report to the Trustees of

LONDON TIGERS

Independent examiner's report to the trustees of LONDON TIGERS

I report to the charity trustees on my examination of the accounts of LONDON TIGERS (the Trust) for the year ended 31 March 2021.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of _ which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
the accounts do not accord with those records; or
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.

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.

Anwar F Chowdhury FCCA ACN Accountants Chartered Certified Accountants 41 Orsett Road Grays Essex RM17 5DS

Date: .............................................

Page 6

LONDON TIGERS

Statement of Financial Activities

`for the Year Ended 31 March 2021`

`Unrestricted Restricted` `funds` `funds` Notes £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 110,417 406,157 Other income 23,208 - Total 133,625 406,157 EXPENDITURE ON Charitable activities 3 Fundraising and donations 14,280 - Government and Local Authorities - 139,804 Companies and Trust - 193,466 Other Income 32,864 - Other - - Total 47,144 333,270 NET INCOME 86,481 72,887 Transfers between funds 11 (170,000) 170,000 Net movement in funds (83,519) 242,887 RECONCILIATION OF FUNDS Total funds brought forward 323,600 - TOTAL FUNDS CARRIED FORWARD 240,081 242,887	31.3.21 `Total` `funds` £ 516,574 23,208 539,782 14,280 139,804 193,466 32,864 - 380,414 159,368 - 159,368 323,600 482,968	31.3.20 `Total` `funds` £ 631,158 -
		631,158 35,565 203,934 328,226 - -
		567,725
		63,433 -
		63,433 260,167
		323,600

The notes form part of these financial statements

Page 7

LONDON TIGERS

`Balance Sheet`

`31 March 2021`

`Unrestricted Restricted` `funds` `funds` Notes £ £ FIXED ASSETS Tangible assets 8 19,586 - CURRENT ASSETS Debtors 9 2,504 49,762 Cash at bank and in hand 227,869 193,125 230,373 242,887 CREDITORS Amounts falling due within one year 10 (9,878) - NET CURRENT ASSETS 220,495 242,887 TOTAL ASSETS LESS CURRENT LIABILITIES 240,081 242,887 NET ASSETS 240,081 242,887 FUNDS 11 Unrestricted funds Restricted funds TOTAL FUNDS	31.3.21 `Total` `funds` £ 19,586 52,266 420,994 473,260 (9,878) 463,382 482,968 482,968 240,081 242,887 482,968	31.3.20 `Total` `funds` £ 14,026 10,706 326,264 336,970 (27,396) 309,574 323,600 323,600 323,600 - 323,600

The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:

............................................. R Boddy - Trustee

The notes form part of these financial statements

Page 8

`LONDON TIGERS`

`Cash Flow Statement` `for the Year Ended 31 March 2021` Notes Cash flows from operating activities Cash generated from operations 1 Net cash provided by operating activities Cash flows from investing activities Purchase of tangible fixed assets Net cash used in investing activities Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period Cash and cash equivalents at the end of the reporting period	31.3.21 £ 106,819 106,819 (12,089) (12,089) 94,730 326,264 420,994	31.3.20 £ 42,896 42,896 (1,559) (1,559) 41,337 284,927 326,264

The notes form part of these financial statements

Page 9

LONDON TIGERS

`Notes to the Cash Flow Statement for the Year Ended 31 March 2021`

RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM	OPERATING ACTIVITIES	OPERATING ACTIVITIES
	31.3.21	31.3.20
	£	£
Net income for the reporting period (as per the Statement of
Financial Activities)	159,368	63,433
Adjustments for:
Depreciation charges	6,529	4,675
Increase in debtors	(41,560)	(5,856)
Decrease in creditors	(17,518)	(19,356)
Net cash provided by operations	106,819	42,896

2. ANALYSIS OF CHANGES IN NET FUNDS

	`At 1.4.20`	`Cash flow At 31.3.21`	`Cash flow At 31.3.21`
	£	£	£
Net cash
Cash at bank and in hand	326,264	94,730	420,994
	326,264	94,730	420,994
Total	326,264	94,730	420,994

The notes form part of these financial statements

Page 10

LONDON TIGERS

Notes to the Financial Statements
for the Year Ended 31 March 2021

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 25% on reducing balance

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straightline basis over the period of the lease.

Pension costs and other post-retirement benefits

The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

continued...

Page 11

LONDON TIGERS

Notes to the Financial Statements - continued

for the Year Ended 31 March 2021

2. DONATIONS AND LEGACIES

DONATIONS AND LEGACIES
Gift aid Grants and donations Grants received, included in the above, are as follows: Companies and Trusts Governments and Local Authorities Other Income Fundraising and Donations Other grants	31.3.21 £ - 516,574 516,574 31.3.21 £ 233,228 172,929 85,904 9,513 15,000 516,574	31.3.20 £ 5,672 625,486
		631,158
		31.3.20 £ 206,423 203,934 165,145 49,984 -
		625,486

Grants received, included in the above, are as follows:

3. CHARITABLE ACTIVITIES COSTS

CHARITABLE ACTIVITIES COSTS
Fundraising and donations Government and Local Authorities Companies and Trust Other Income	`Support` `Direct` `costs (see` `Costs` `note 4)` £ £ (1,620) 15,900 120,143 19,661 169,230 24,236 30,346 2,518 318,099 62,315	`Totals` £ 14,280 139,804 193,466 32,864
		380,414

4. SUPPORT COSTS

`Management` `Finance` £ £ Fundraising and donations 13,185 139 Government and Local Authorities - - Companies and Trust - - Other Income - - 13,185 139	`Governance` `Other` `costs` £ £ 176 2,400 19,661 - 24,236 - 2,518 - 46,591 2,400	`Totals` £ 15,900 19,661 24,236 2,518 62,315

continued...

Page 12

LONDON TIGERS

Notes to the Financial Statements - continued
for the Year Ended 31 March 2021

5. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2021 nor for the year ended 31 March 2020.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2021 nor for the year ended 31 March 2020.

6. STAFF COSTS

Wages and salaries Social security costs Other pension costs	31.3.21 £ 202,605 11,673 2,232 216,510	31.3.20 £ 255,982 17,153 2,878
		276,013

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

Admin Operation	31.3.21 3 12 15	31.3.20 3 24 27

No employees received emoluments in excess of £60,000.

7.

COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES `Unrestricted Restricted` `funds` `funds` £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 225,801 405,357 EXPENDITURE ON Charitable activities Fundraising and donations 35,565 - Government and Local Authorities - 203,934 Companies and Trust 131,659 196,567 Total 167,224 400,501 NET INCOME 58,577 4,856 Transfers between funds 46,747 (46,747) Net movement in funds 105,324 (41,891) RECONCILIATION OF FUNDS Total funds brought forward 218,276 41,891	`Total` `funds` £ 631,158 35,565 203,934 328,226
	567,725
	63,433 -
	63,433 260,167

continued...

Page 13

LONDON TIGERS

Notes to the Financial Statements - continued
for the Year Ended 31 March 2021

7.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted Restricted
funds
funds
£
£
TOTAL FUNDS CARRIED FORWARD
323,600
-
8.
TANGIBLE FIXED ASSETS
COST
At 1 April 2020
Additions
At 31 March 2021
DEPRECIATION
At 1 April 2020
Charge for year
At 31 March 2021
NET BOOK VALUE
At 31 March 2021
At 31 March 2020
9.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.21
£
Trade debtors
-
Other debtors
2,504
Prepayments and accrued income
49,762
52,266 Total
funds
£
323,600
Fixtures
and
fittings
£
108,780
12,089
120,869
94,754
6,529
101,283
19,586
14,026
31.3.20
£
6,891
3,815
-
10,706

continued...

Page 14

LONDON TIGERS

Notes to the Financial Statements - continued
for the Year Ended 31 March 2021

10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

	31.3.21	31.3.20
	£	£
Social security and other taxes	3,968	4,452
Other creditors	3,510	4,344
Accruals and deferred income	-	15,000
Accrued expenses	2,400	3,600
	9,878	27,396

11. MOVEMENT IN FUNDS

MOVEMENT IN FUNDS
			`Net`	`Transfers`
			`movement`	`between`	`At`
	`At 1.4.20`		`in funds`	`funds`	`31.3.21`
	£		£	£	£
Unrestricted funds
General fund	249,508		10,989	(170,000)	90,497
Fundraising	5,319		-	-	5,319
Others	20,995		-	-	20,995
Fundraising and donations	37,115		(756)	-	36,359
Other Income	10,663		76,248	-	86,911
	323,600		86,481	(170,000)	240,081
Restricted funds
Government and Local Authorities	4,850		33,125	-	37,975
Companies and Trust	(4,850)		39,762	-	34,912
Development fund for Sports Facility		-	-	170,000	170,000
		-	72,887	170,000	242,887
TOTAL FUNDS	323,600		159,368	-	482,968
Net movement in funds, included in the	above are as	follows:
			`Incoming`	`Resources`	`Movement`
			`resources`	`expended`	`in funds`
			£	£	£
Unrestricted funds
General fund			35,704	(24,715)	10,989
Fundraising and donations			9,513	(10,269)	(756)
Other Income			88,408	(12,160)	76,248
			133,625	(47,144)	86,481
Restricted funds
Government and Local Authorities			172,929	(139,804)	33,125
Companies and Trust			233,228	(193,466)	39,762
			406,157	(333,270)	72,887
TOTAL FUNDS			539,782	(380,414)	159,368

continued...

Page 15

LONDON TIGERS

Notes to the Financial Statements - continued
for the Year Ended 31 March 2021

11. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

`At 1.4.19` £ Unrestricted funds General fund 171,538 Fundraising 5,319 Others 20,995 Fundraising and donations 20,424 Other Income - 218,276 Restricted funds Government and Local Authorities 4,850 Companies and Trust 37,041 41,891 TOTAL FUNDS 260,167	`Net` `Transfers` `movement` `between` `in funds` `funds` £ £ 31,223 46,747 - - - - 16,691 - 10,663 - 58,577 46,747 - - 4,856 (46,747) 4,856 (46,747) 63,433 -	`At` `31.3.20` £ 249,508 5,319 20,995 37,115 10,663 323,600 4,850 (4,850) - 323,600

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds General fund Fundraising and donations Other Income Restricted funds Government and Local Authorities Companies and Trust TOTAL FUNDS	`Incoming Resources Movement` `resources` `expended in funds` £ £ £ 7,837 23,386 31,223 47,819 (31,128) 16,691 170,145 (159,482) 10,663 225,801 (167,224) 58,577 203,934 (203,934) - 201,423 (196,567) 4,856 405,357 (400,501) 4,856 631,158 (567,725) 63,433

continued...

Page 16

LONDON TIGERS

Notes to the Financial Statements - continued
for the Year Ended 31 March 2021

11. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

`At 1.4.19` £ Unrestricted funds General fund 171,538 Fundraising 5,319 Others 20,995 Fundraising and donations 20,424 Other Income - 218,276 Restricted funds Government and Local Authorities 4,850 Companies and Trust 37,041 Development fund for Sports Facility - 41,891 TOTAL FUNDS 260,167	`Net` `Transfers` `movement` `between` `in funds` `funds` £ £ 42,212 (123,253) - - - - 15,935 - 86,911 - 145,058 (123,253) 33,125 - 44,618 (46,747) - 170,000 77,743 123,253 222,801 -	`At` `31.3.21` £ 90,497 5,319 20,995 36,359 86,911 240,081 37,975 34,912 170,000 242,887 482,968

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

	`Incoming`	`Resources`	`Movement`
	`resources`	`expended`	`in funds`
	£	£	£
Unrestricted funds
General fund	43,541	(1,329)	42,212
Fundraising and donations	57,332	(41,397)	15,935
Other Income	258,553	(171,642)	86,911
	359,426	(214,368)	145,058
Restricted funds
Government and Local Authorities	376,863	(343,738)	33,125
Companies and Trust	434,651	(390,033)	44,618
	811,514	(733,771)	77,743
TOTAL FUNDS	1,170,940	(948,139)	222,801

continued...

Page 17

LONDON TIGERS

Notes to the Financial Statements - continued

for the Year Ended 31 March 2021

12. RELATED PARTY DISCLOSURES

During the year PC Helppoint Ltd a company owned by Mr A Adaramola who is a trustee of the organisation provided network, IT repair services and sold IT equipment amounting to £31,942 (2020: £16,882)..

Page 18

LONDON TIGERS

Detailed Statement of Financial Activities
for the Year Ended 31 March 2021

`Detailed Statement of Financial Activities` `for the Year Ended 31 March 2021`
	31.3.21	31.3.20
	`£`	`£`
INCOME AND ENDOWMENTS
Donations and legacies
Gift aid	-	5,672
Grants and donations	516,574	625,486
	516,574	631,158
Other income
Other Operating Income	23,208	-
Total incoming resources	539,782	631,158
EXPENDITURE
Charitable activities
Wages	202,605	255,982
Social security	11,673	17,153
Pensions	2,232	2,878
Events & fundraising	462	2,188
Recruitment & training	4,293	4,213
Subcontractors costs	35,902	87,326
Consultancy fees	7,454	6,288
Keeping Communities Safe Programme	5,760	18,500
Upskilling People Programme	10,510	20,240
Improving Health & Wellbeing Programme	20,673	42,843
Providing Sporting Pathways Programme	16,535	49,133
	318,099	506,744
Support costs
Management
Accountancy & Bookkeeping expenses	2,776	2,010
Legal & professional fees	3,880	1,675
Depreciation of tangible and heritage
assets	6,529	4,675
	13,185	8,360
Finance
Bank charges	139	433
Other
Rent & Rates	14,966	11,889
Insurance	7,039	9,938
Light and heat	300	640
Telephone & internet	2,469	3,409
Postage and stationery	2,742	3,937
IT & Network Services	15,131	15,419
Publicity & promotion	3,472	1,697
Carried forward	46,119	46,929

This page does not form part of the statutory financial statements

Page 19

LONDON TIGERS

`Detailed Statement of Financial Activities`
`for the Year Ended 31 March 2021`
	31.3.21	31.3.20
	`£`	`£`
Other
Brought forward	46,119	46,929
Cleaning, repair & maintenance	472	1,659
	46,591	48,588
Governance costs
Auditors' remuneration	-	3,600
Accountancy and bookkeeping expenses	2,400	-
	2,400	3,600
Total resources expended	380,414	567,725
Net income	159,368	63,433

This page does not form part of the statutory financial statements

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