**REGISTERED CHARITY NUMBER: 1100019**
## Report of the Trustees and
Financial Statements for the Year Ended 31 March 2024
for
## LONDON TIGERS
ACN Accountants Chartered Certified Accountants 41 Orsett Road Grays Essex RM17 5DS
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LONDON TIGERS
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Contents of the Financial Statements
for the Year Ended 31 March 2024
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|||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|
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LONDON TIGERS
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Report of the Trustees
for the Year Ended 31 March 2024
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The trustees present their report with the financial statements of the charity for the year ended 31 March 2024. 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.
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for the Year Ended 31 March 2024
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## `Report of the Trustees`
## **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 Trusts & Foundations 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**
As we reflect on the year ending 31 March 2024, we are proud to highlight our significant achievements that reinforces our commitment to delivering services at the grass roots. Our ongoing delivery of programmes, projects, and services has not only built upon our past successes but has also deepened our roots in the communities we serve.
## **Quality Marks**
We have maintained the following Quality Marks and accreditation:
Active Westminster Mark FA Charter Standard 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 life outcomes through our youth services. These models follow a broad outcomes-based approach to engage young people in fun and social activities and leads to outcome focused youth work, including:
## **Youth Volunteering Programme**
- **Objective:** To encourage young people to engage in volunteer work, fostering a sense of community and
- responsibility.
- **Activities:** Organising community service projects, partnering with local charities, and providing
- opportunities for young people to lead initiatives.
## **Social Action Programmes**
o **Objective:** To empower young people to address environmental and social issues within their communities. o **Activities:** Workshops on sustainability, community clean-up events, advocacy training, and projects that directly tackle social challenges such as inequality and public health.
## **Education Enrichment**
- **Objective:** To enhance academic performance and personal development through supplementary
- education.
- **Activities:** Study support sessions, tutoring programmes, leadership training workshops, and interactive
- learning experiences to build critical thinking and teamwork skills.
## **Careers Advice and Support**
- **Objective:** To equip young people with the skills and knowledge needed for successful career
- development.
- **Activities:** CV building workshops, interview preparation sessions, careers fairs, and one-on-one
- mentorship to explore various career paths.
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Report of the Trustees
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## **Doorstep Estate-Based Youth Diversion Programme**
- **Objective:** To provide constructive activities for youth in inner-city estate areas, diverting them from
- anti-social behaviour.
- **Activities:** Sports, arts, and recreational activities on-site, along with outreach initiatives to engage
- young people directly in their communities.
## **Mentoring and Educational Workshops**
- **Objective:** To provide guidance and support through mentorship and skill-building workshops.
- **Activities:** Pairing young people with mentors in various fields, conducting workshops on life skills, financial
- literacy, and personal development.
## **Community Safety**
London Tigers has been actively involved in fostering community cohesion through various projects and events. One of our key initiatives, the Building Community Resilience Project, equipped young people with essential critical thinking and leadership skills. This initiative empowered them to organise a range of community competitions and events aimed at addressing the pressing issue of knife crime while simultaneously uniting the community.
Additionally, our estate-based doorstep Sports and Youth Clubs, in collaboration with housing associations and Tenant and Resident Associations (TARA) across numerous London boroughs, have created positive engagement opportunities for local youth. These programmes not only provide a safe space for young people to participate in sports and recreational activities but also promote social interaction and community involvement. Through these efforts, London Tigers continues to play a vital role in strengthening community ties and fostering resilience among young people.
## **Health & Wellbeing**
- " London Tigers promotes general healthy living as well addressing key issues in the ethnic minority community such as 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 across London deprived areas of our work, engaging over 450 participants from BAME backgrounds participating regularly in health and fitness sessions.
## **Sporting Pathway**
London Tigers is dedicated to using the power of sports to engage and uplift disadvantaged communities, addressing various social issues through inclusive programmes. By offering engagement at appropriate levels, we create pathways for individuals to not only participate in sports but also to progress to elite levels and beyond. For our sports programmes, our service users benefit from a range of opportunities, whether they seek casual participation or aspire to compete in leagues and professional environments alongside experienced athletes.
As the lead organiser of sporting events for the South Asian community in the UK, we focus on popular sports such as football, cricket, and badminton. Our events foster community spirit, promote physical fitness, and provide a platform for young athletes to showcase their talents. Through our initiatives, we aim to build confidence, enhance skills, and encourage teamwork, ultimately contributing to the personal and social development of our participants. Together, we strive to create a supportive environment where everyone has the chance to thrive through sports.
## **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.
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Report of the Trustees
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We have over 65 volunteers that are involved throughout our events and activities from diverse background.
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.
## **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 £415,131. 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 £250,000.
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.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
## **Governance:**
" The charity is governed by a deed of trust and operates as an unincorporated charity.
" Additionally, another charity is registered and governed by its Memorandum and Articles of Association.
## **Board of Trustees:**
" The board of trustees is responsible for setting the overall policy, approving the annual plan and budget, and monitoring the charity's performance.
" Trustees meet quarterly and oversee committees focused on finance and personnel matters.
## **Chief Executive Officer (CEO):**
" The role of our Chief Executive Officer is to lead the strategic development of the organisation, including growth and income generation. They oversee daily operations by delegating appropriate responsibilities to relevant members of the senior management team.
" The CEO has delegated authority for operational decisions, including finance, employment, and performance-related activities, as approved by the trustees.
" The CEO is supported by a skilled senior management team.
## **Senior Management Team:**
- " This team leads initiatives in strategy and sustainability, business and partnership development, fundraising efforts, and service operations.
" Staff members are employed to manage specific programmes, projects, service areas, or administrative responsibilities.
## **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.
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Report of the Trustees
for the Year Ended 31 March 2024
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## **STRUCTURE, GOVERNANCE AND MANAGEMENT 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**
12 Rossmore Road London NW1 6NX
## **Trustees**
R Boddy Chairperson M Islam 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
## **Bank**
LLOYDS BANK PLC 85 Baker St, London NW1 6XB
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
................................................................. R Boddy - Trustee
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Independent Examiner's Report to the Trustees of
LONDON TIGERS
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## **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 2024.
## **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 member of the Association of Chartered Certified Accountants, 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:
1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
2. the accounts do not accord with those records; or
3. 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: .............................................
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## `Statement of Financial Activities for the Year Ended 31 March 2024`
|`Unrestricted Restricted`
`funds`
`funds`
Notes
£
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
125,166
604,010
Investment income
3
102
-
Other income
30,000
-
**Total**
155,268
604,010
**EXPENDITURE ON**
**Charitable activities**
4
Government and Local Authorities
-
238,348
Companies and Trust
-
313,143
Other Income
125,055
-
Other
2,018
-
**Total**
127,073
551,491
**NET INCOME**
28,195
52,519
**RECONCILIATION OF FUNDS**
Total funds brought forward
386,936
227,393
**TOTAL FUNDS CARRIED FORWARD**
415,131
279,912|31.3.24
`Total`
`funds`
£
729,176
102
30,000
759,278
238,348
313,143
125,055
2,018
678,564
80,714
614,329
695,043|31.3.23
`Total`
`funds`
£
706,894
18
30,000|
|---|---|---|
|||736,912|
|||268,107
280,944
106,619
4,466|
|||660,136|
|||76,776
537,553|
|||614,329|
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The notes form part of these financial statements
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## `Balance Sheet 31 March 2024`
|`Unrestricted Restricted`
`funds`
`funds`
Notes
£
£
**FIXED ASSETS**
Tangible assets
9
10,584
4,233
**CURRENT ASSETS**
Debtors
10
30,000
59,809
Cash at bank and in hand
401,552
225,870
431,552
285,679
**CREDITORS**
Amounts falling due within one year
11
(27,005)
(10,000)
**NET CURRENT ASSETS**
404,547
275,679
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
415,131
279,912
**NET ASSETS**
415,131
279,912
**FUNDS**
12
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|31.3.24
`Total`
`funds`
£
14,817
89,809
627,422
717,231
(37,005)
680,226
695,043
695,043
415,131
279,912
695,043|31.3.23
`Total`
`funds`
£
16,846
37,290
583,475
620,765
(23,282)
597,483
614,329
614,329
386,936
227,393
614,329|
|---|---|---|
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
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The notes form part of these financial statements
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|`Cash Flow Statement`
`for the Year Ended 31 March 2024`
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
Interest received
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**|31.3.24
£
46,755
46,755
(2,910)
102
(2,808)
43,947
583,475
627,422|31.3.23
£
66,184
66,184
(4,598)
18
(4,580)
61,604
521,871
583,475|
|---|---|---|
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The notes form part of these financial statements
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## `Notes to the Cash Flow Statement for the Year Ended 31 March 2024`
|**1.**|**RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM**|**OPERATING ACTIVITIES**|**OPERATING ACTIVITIES**|
|---|---|---|---|
|||31.3.24|31.3.23|
|||£|£|
||**Net income for the reporting period (as per the Statement of**|||
||**Financial Activities)**|80,714|76,776|
||**Adjustments for:**|||
||Depreciation charges|4,939|5,616|
||Interest received|(102)|(18)|
||Increase in debtors|(52,519)|(7,290)|
||Increase/(decrease) in creditors|13,723|(8,900)|
||**Net cash provided by operations**|46,755|66,184|
## **2. ANALYSIS OF CHANGES IN NET FUNDS**
||`At 1.4.23`|`Cash flow`|`At 31.3.24`|
|---|---|---|---|
||£|£|£|
|**Net cash**||||
|Cash at bank and in hand|583,475|43,947|627,422|
||583,475|43,947|627,422|
|**Total**|583,475|43,947|627,422|
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The notes form part of these financial statements
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Notes to the Financial Statements
for the Year Ended 31 March 2024
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## **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 straight line 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.
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continued...
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Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
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|**2.**
**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
Fundrising and Donations
**3.**
**INVESTMENT INCOME**
Deposit account interest
**4.**
**CHARITABLE ACTIVITIES COSTS**
Government and Local Authorities
Companies and Trust
Other Income
**5.**
**SUPPORT COSTS**
`Management`
`Finance`
£
£
Other resources
expended
4,939
(11)
Other Income
-
102
4,939
91|31.3.24
£
5,486
723,690
729,176
31.3.24
£
361,352
249,948
107,556
4,834
723,690
31.3.24
£
102
`Support`
`Direct`
`costs (see`
`Costs`
`note 5)`
£
£
238,348
-
313,143
-
79,994
45,061
631,485
45,061
`Governance`
`Other`
`costs`
£
£
(2,910)
-
38,281
6,678
35,371
6,678|31.3.23
£
375
706,519|31.3.23
£
375
706,519|
|---|---|---|---|
|||706,894||
|||31.3.23
£
298,064
268,107
109,178
31,170||
|||706,519||
|||31.3.23
£
18
`Totals`
£
238,348
313,143
125,055||
|||676,546||
||||`Totals`
£
2,018
45,061|
||||47,079|
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continued...
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Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
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## **6. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.
## **7. STAFF COSTS**
||31.3.24|31.3.23|
|---|---|---|
||£|£|
|Wages and salaries|277,694|274,245|
|Social security|22,124|23,387|
|Other pension costs|2,281|2,805|
||||
||302,099|300,437|
||||
The average monthly number of employees during the year was as follows
||31.3.24|31.3.23|
|---|---|---|
|Admin|3|4|
|Operation|16|19|
||||
||19|23|
||||
One employee had total emoluments in excess of £60,000. The emoluments for this employee excluding pension contributions for the year, fell within the range £60,000 to £70,000.
## **8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
|`Unrestricted Restricted`
`funds`
`funds`
£
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
140,723
566,171
Investment income
18
-
Other income
30,000
-
**Total**
170,741
566,171
**EXPENDITURE ON**
**Charitable activities**
Government and Local Authorities
-
268,107
Companies and Trust
-
280,944
Other Income
106,619
-
Other
4,466
-
**Total**
111,085
549,051|`Total`
`funds`
£
706,894
18
30,000|
|---|---|
||736,912|
||268,107
280,944
106,619
4,466|
||660,136|
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Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
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|**8.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**
`Unrestricted Restricted`
`funds`
`funds`
£
£
**NET INCOME**
59,656
17,120
**RECONCILIATION OF FUNDS**
Total funds brought forward
327,280
210,273
**TOTAL FUNDS CARRIED FORWARD**
386,936
227,393
**9.**
**TANGIBLE FIXED ASSETS**
**COST**
At 1 April 2023
Additions
At 31 March 2024
**DEPRECIATION**
At 1 April 2023
Charge for year
At 31 March 2024
**NET BOOK VALUE**
At 31 March 2024
At 31 March 2023
**10.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
31.3.24
£
Prepayments and accrued income
89,809|`Total`
`funds`
£
76,776
537,553
614,329
`Fixtures`
`and`
`fittings`
£
129,700
2,910
132,610
112,854
4,939
117,793
14,817
16,846
31.3.23
£
37,290|`Total`
`funds`
£
76,776
537,553|
|---|---|---|
|||614,329|
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Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
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## **11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Social security and other taxes
Other creditors
Accruals and deferred income
Accrued expenses|31.3.24
£
5,525
19,080
10,000
2,400
37,005|31.3.23
£
5,270
15,612
-
2,400|
|---|---|---|
|||23,282|
## **12. MOVEMENT IN FUNDS**
|`At 1.4.23`
£
**Unrestricted funds**
General fund
128,603
Fundraising
31,105
Others
20,995
Fundraising and donations
50,990
Other Income
155,243
386,936
**Restricted funds**
Government and Local Authorities
9,200
Companies and Trust
(1,910)
Other Income
4,233
Development fund for Sports Facility
215,870
227,393
**TOTAL FUNDS**
614,329
Net movement in funds, included in the above are as follows:|`Net`
`movement`
`in funds`
£
197
-
-
-
27,998
28,195
7,250
45,269
-
-
52,519
80,714|`At`
`31.3.24`
£
128,800
31,105
20,995
50,990
183,241|
|---|---|---|
|||415,131
16,450
43,359
4,233
215,870|
|||279,912|
|||695,043|
||||
|**Unrestricted funds**
General fund
Other Income
**Restricted funds**
Government and Local Authorities
Companies and Trust
**TOTAL FUNDS**|`Incoming`
`Resources`
`Movement`
`resources`
`expended`
`in funds`
£
£
£
10,422
(10,225)
197
144,846
(116,848)
27,998
155,268
(127,073)
28,195
245,598
(238,348)
7,250
358,412
(313,143)
45,269
604,010
(551,491)
52,519
759,278
(678,564)
80,714|`Incoming`
`Resources`
`Movement`
`resources`
`expended`
`in funds`
£
£
£
10,422
(10,225)
197
144,846
(116,848)
27,998
155,268
(127,073)
28,195
245,598
(238,348)
7,250
358,412
(313,143)
45,269
604,010
(551,491)
52,519
759,278
(678,564)
80,714|
|---|---|---|
|||28,195
7,250
45,269|
|||52,519|
|||80,714|
```
continued...
```
```
Page 15
```
```
LONDON TIGERS
```
```
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
```
## **12. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|||`Net`|`Transfers`||
|---|---|---|---|---|
|||`movement`|`between`|`At`|
||`At 1.4.22`|`in funds`|`funds`|`31.3.23`|
||£|£|£|£|
|**Unrestricted funds**|||||
|General fund|99,464|29,139|-|128,603|
|Fundraising|5,319|25,786|-|31,105|
|Others|20,995|-|-|20,995|
|Fundraising and donations|50,990|-|-|50,990|
|Other Income|150,512|4,731|-|155,243|
||327,280|59,656|-|386,936|
|**Restricted funds**|||||
|Government and Local Authorities|37,975|4,350|(33,125)|9,200|
|Companies and Trust|(4,850)|12,770|(9,830)|(1,910)|
|Other Income|4,233|-|-|4,233|
|Development fund for Sports Facility|172,915|-|42,955|215,870|
||210,273|17,120|-|227,393|
|**TOTAL FUNDS**|537,553|76,776|-|614,329|
|Comparative net movement in funds, included in the above||are as follows:|||
|||`Incoming`|`Resources`|`Movement`|
|||`resources`|`expended`|`in funds`|
|||£|£|£|
|**Unrestricted funds**|||||
|General fund||30,393|(1,254)|29,139|
|Fundraising||31,170|(5,384)|25,786|
|Other Income||109,178|(104,447)|4,731|
|||170,741|(111,085)|59,656|
|**Restricted funds**|||||
|Government and Local Authorities||272,457|(268,107)|4,350|
|Companies and Trust||293,714|(280,944)|12,770|
|||566,171|(549,051)|17,120|
|**TOTAL FUNDS**||736,912|(660,136)|76,776|
```
continued...
```
```
Page 16
```
```
LONDON TIGERS
```
```
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
```
## **12. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined position is as follows:
|`At 1.4.22`
£
**Unrestricted funds**
General fund
99,464
Fundraising
5,319
Others
20,995
Fundraising and donations
50,990
Other Income
150,512
327,280
**Restricted funds**
Government and Local Authorities
37,975
Companies and Trust
(4,850)
Other Income
4,233
Development fund for Sports Facility
172,915
210,273
**TOTAL FUNDS**
537,553|`Net`
`Transfers`
`movement`
`between`
`in funds`
`funds`
£
£
29,336
-
25,786
-
-
-
-
-
32,729
-
87,851
-
11,600
(33,125)
58,039
(9,830)
-
-
-
42,955
69,639
-
157,490
-|`At`
`31.3.24`
£
128,800
31,105
20,995
50,990
183,241
415,131
16,450
43,359
4,233
215,870
279,912
695,043|
|---|---|---|
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|40,815|(11,479)|29,336|
|Fundraising|31,170|(5,384)|25,786|
|Other Income|254,024|(221,295)|32,729|
||326,009|(238,158)|87,851|
|**Restricted funds**||||
|Government and Local Authorities|518,055|(506,455)|11,600|
|Companies and Trust|652,126|(594,087)|58,039|
||1,170,181|(1,100,542)|69,639|
|**TOTAL FUNDS**|1,496,190|(1,338,700)|157,490|
```
continued...
```
```
Page 17
```
```
LONDON TIGERS
```
```
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
```
## **13. RELATED PARTY DISCLOSURES**
During the year PC Helppoint Ltd a company owned by Mr A Adaramola, who is a trustee of the organisation provided IT/Network service, repair and maintenance, annual membership of software's and management tools amounting to £14,147 (2023: £23,580)..
```
Page 18
```
```
LONDON TIGERS
```
|`Detailed Statement of Financial Activities`
`for the Year Ended 31 March 2024`
31.3.24
`£`
**INCOME AND ENDOWMENTS**
**Donations and legacies**
Gift aid
5,486
Grants and donations
723,690
729,176
**Investment income**
Deposit account interest
102
**Other income**
Other Operating Income
30,000
**Total incoming resources**
759,278
**EXPENDITURE**
**Charitable activities**
Wages and subcontractors costs
450,711
Social security
17,124
Pensions
2,281
Recruitment & training
4,819
Consultancy fees
26,753
Keeping Communities Safe Programme
8,750
Upskilling People Programme
36,030
Improving Health & Wellbeing Programme
33,262
Providing Sporting Pathways Programme
39,364
Marketing and PR
12,391
631,485
**Support costs**
**Management**
Depreciation of tangible and heritage
assets
4,939
**Finance**
Bank charges
91
**Other**
Rent & Rates
4,500
Insurance
6,550
Telephone & internet
4,277
Postage and stationery
2,415
Sundries
1,728
IT & Network Services
15,901
Transport & travelling
-
Cleaning, repair & maintenance
-
35,371|31.3.23
`£`
375
706,519|
|---|---|
||706,894
18
30,000|
||736,912
389,010
23,387
2,805
7,789
47,947
16,064
27,309
53,887
32,560
7,674|
||608,432
5,616
265
7,018
5,425
3,373
1,617
-
19,629
732
2,809|
||40,603|
```
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 2024
```
|`Detailed Statement of Financial Activities`
`for the Year Ended 31 March 2024`||
|---|---|
|31.3.24
`£`
**Other**
**Governance costs**
Accountancy and bookkeeping expenses
4,758
Legal & professional fees
1,920
6,678
Total resources expended
678,564
**Net income**
80,714|31.3.23
`£`
5,220
-|
||5,220|
||660,136|
||76,776|
```
This page does not form part of the statutory financial statements
```
```
Page 20
```