Registered number.. 05003832 Charity number: 11Q2668 LYNN ATHLETIC CLUB LIMITED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 3110312024 Prapared By: Viola Services Ltd High Treasures Four Elms Edenbridge Kent TN8 6NE LYNN ATHLETIC CLUB LIMITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 3110312024 TRUSTEES K8lth Alexander WALTERS OBE Terry PEARSON James Moore SECRETARY Terry PEARSON REGISTERED OFFICE Th Bath House Wells Way CambeNell London SE5 OPX COMPANY NUMBER 05003832 CHARITY NUMBER 1102668 ACCOUNTANTS Viola Servi¢&s Ltd High Treasures Four Elms EdenbrSdge Kent TN8 6NE LYNN ATHLETIC CLUB LIMITED ACCOUNTS FOR THE YEAR ENDED 3110312024 CONTENTS Page Report of the Trustèes Independent Examinels Slalement Accountant's Report Statement ol Financial Activities Balanc8 She&l Notes lo the Accounts gto12 Detalled Statement of FSnancial Actlvllies LYNN ATHLETIC CLUB LIMITED FOR THEYEARENDED3110312024 TRUSTEES. REPORT The trustees present their report and accounts for theyearended3110312024 PRINCIPAL ACTIVITIES The principal aclivily of the charity in Iheyèarunder review wasproviding facilities for boxing, keep fit and g&nèr81 fitness. STRUCTURE GOVERNANCE AND MANAGEMENT The report was prepared in accordance with the special provisions within Part 15 of the Companie5 Act 2006. This report was approved by the Board of Trustees on3110112025 Keith Alexander WALTERS 08E Trustee LYNN ATHLETIC CLUB LIMITED INDEPENDENT EXAMINER'S STATEMENT FOR THEYEARENDED3110312024 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OFLYNN ATHLETIC CLUB LIMITED I report on the accounts of the company for theyearended3110312024. RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER The trustees (who are also the directors of the company for the purposes of company lawl are responsible for the preparation of the accounts. The Iruslees consider that an audit is not required for this year under section 144121 of the Charities Act 2011 {th8 2011 Acll and that an independ8nt axaminalion is need8d. Tha charity's gross income did not exceed £250,000 and l am qualified to undertake the examination by being a qualified member of. Having satisfied myself that the charity is not subject lo an audit under company law and is eligible for independent examination, it is my responsibility to.. examine the accounts Ljnder section 145 of the 2011 Act., follow the procedures lald down in the general DlrectSons glven by the Charlty CommlssSon under secllon 14515}Ib) of the 2011 A¢l-, and sla18 wh8ther particular matters have com8 to my 811enlion. BASIS OF INDEPENDENT EXAMINERS STATEMENT 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 Ihose records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as Irusle8s concerning any such mallers. The procedures undertaken do not provide all the evidence Ihal would be required in an audit, and consequently no opinion is given as lo whether the accounts present a "true and fair view and the report is limited lo those matters sel out in the statement below. LYNN ATHLETIC CLUB LIMITED INDEPENDENT EXAMINER'S STATEMENT FOR THEYEARENDED3110312024 INDEPENDENT EXAMINERS STATEMENT In connection with my éxamination, no matter has come to my 8ttenb'on'. {1) which gives me reasonable cause to believe that in any malarial respect Ihe requiremenis- lo keep accounting records in accordance with section 386 of the Companies Act 2006- and to prepare accounts which accord with tha accounting records, comply with the accounting r&quirem8nts of saclion 396 of tha Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice.. Accounting and Reporting by Charities have not been met., or {2) to which. in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached Dale., 3110112025 Viola Services Lld High Treasure5 Four Elms Edenbridge K8nl TN8 6NE LYNN ATHLETIC CLUB LIMITED ACCOUNTANTS. REPORT TO THE BOARD OF DIRECTORS ON THE UNAUDITED ACCOUNTS OF LYNN ATHLETIC CLUB LIMITED, FOR THE YEAR ENDED 3110312024 In order lo assist you to fulfill your duties under the Companies Act 2006. we have prepared for your approval the accounts of LYNN ATHLETIC CLUB LIMITED for the year ended 3110312024 as set out on pages - to <11 from the company's accounting records and from information and explanations you have given us, As a practising member of the , we are subject to its ethical and other professional requirements which are detailed on their website, This report is made solely to the Board of Directors of LYNN ATHLETIC CLUB LIMITED, as a body, in accordance with the lems of our engagement letter dated Our work has been undertaken solely to prepare for your approval the accounts of LYNN ATHLETIC CLUB LIMITED and statg those matters thal we havo agreed lo slate to thè Board of Diroctors of LYNN ATHLETIC CLUB LINIITED, as a body, in this report, in accordance with the requirements of the as detailed on their website. To the fu118sI 8Xtent P8rmi118d by law, wè do nol accèpt or assum8 responsibility to anyone other than LYNN ATHLETIC CLUB LIMITED and its Board of DireGtors os a body for our work or for this report. It is your duty to ensure that LYNN ATHLETIC CLUB LIMITED has kept adequate accounting records and lo prepare statutory accounts thal give a true and fair view of the assets, liabilities, financial position and profilability of LYNN ATHLETIC CLUB LIMITED. You consider that LYNN ATHLETIC CLUB LIMITED is exempl from the statutory audit requiTement for the year. We have not been instructed lo carry out an audit or a review of the accounts of LYNN ATHLETIC CLUB LIMITED, For this reason, we have not verified Ihe accuracy or completeness of the accounting records or information 8nd explanations you have given lo us and we do not, therefore, express any opinion on the statutoiy accounts, Viola Services Ltd High Treasures Four Elms Ed&nbridge Kent TN8 6NE 3110112025 LYNN ATHLETIC CLUB LIMITED Stalement of Financial Activiti88 for Ihe year ended3110312024 2024 202J Unrestricted Restricted funds funds Total Total Income Income from generatad funds Income from Investments 22 Income from charilable activities 28,060 28,060 28,060 7,577 7, 599 Total Income and endowments 28,060 Expenses Costs of generating funds Expenditure on Raised funds Expenditure on Charitable activities Total Expenses Net galns on Investmenls Net Incom• 3,162 22,041 25.203 3,162 22,041 25,203 9.573 9,573 2,857 2,857 (1,974) Galnsl(1089&81 on revaluatlon of flxed a88e8t8 Net movomfrnt In funds: Net income for the year Total funds brought foNard Net funds carrled forward 2,857 29,944 2,857 29,944 32,801 (1, 974) 31,918 29, 944 32,801 This statement of financial activities includes all gains and Ioss8s r8cognis8d in th8 year. All incom8 and expendlture derlve from conllnuing actlvities LYNN ATHLETIC CLUB LIMITED BALANCE SHEET AT 3110312024 2024 2023 Notes CURRENT ASSETS Debtors lamounls falling due within one year) Cash al bank and in hand 1,450 32,051 33,501 700 7,450 29,544 30,994 7,050 CREDITORS: Amounls falllng due wlthln one year NET CURRENT ASSETS 32.801 29, 944 29, 944 TOTAL ASSETS LESS CURRENT LIABILITIES 32.801 CAPITAL AMD RESERVES Unroslrlcted funds General fund 32.801 29, 944 29, 944 32.801 For the year ending 3110312024 the company was entitled Io 8xemplion under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company lo obtain an audit in accordance with section 476 of the Companies Act 2006. The direclors acknowledge their responsibilities for complying wilh th8 requirem8nts of the Acl with respect to accounting records and the preparation of accounts. These accounts have been prep8red in accordance with the provisions applicable to companies subject to the small companies regime. Approved by the board of trustees on 311011202S and slgned on their behalf by Keith Alexander WALTERS OBE Trustee LYNN ATHLETIC CLUB LIMITED NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 3110312024 1. ACCOUNTING POLICIES la. Basls Of Accountlng The accounls have been prepared under the historical cost convention. Tha accounts have b&en preparéd in accordance wilh FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities. 1b. Incoming R8sourc•s All incorning resources are included on the Statement of Financlal AdivSties when the charlly is legally entitled to the income and the amount can be quantified with reasonable 8c¢uracy. 1c. Resources Experbded Expenditure is accour)ted for on an accruals basis and has b8en classified under headings that aggr8gale all cost related to the category. Where costs cannot be directly attributed to particular headings they hav8 been allocated to activities on a basi5 consislent with the use of resources. 1d. Allocatir•n And Apportionmont Of Costs All costs relate to the slngle acllvlty of the charltable company and are recognised accordlngly. le. Fund Accounting Unrestricled funds can be used in accordance with the charitable objeclives al 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 wh8n funds are raised for particular r8slricted purposes. DesSgnated funds are funds set aside by the Iruslees out of unrestrScl8d general funds for Ihe speclfic fulur8 purposes or projects. 1f. Turnover Turnover represenls Ihe invoiced value of goods and services suppli8d by the company, nel of value added lax and Irade discounts. 2. EMPLOYEES 2024 2023 No. No. Average number of employees 3. DEBTORS 2024 2023 Amounts falling due wilhin one year.. Trade dobtors 1,450 1,450 1,450 1.450 LYNN ATHLETIC CLUB LIMITED 4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Olher creditors 700 7,050 700 7,050 5. LIMITED BY GUARANTEE The company is limited by guaranlee and does nol have a share capital. Each member gives a guarantee to contribute a sum nol exceeding £, to the company should il be wound up. Al 3110312024 there were members. 6. UNRESTRICTED FUNDS Broughl In¢omlng Outgolng forward resources resources Transf@r8 Carrled forward General fund 29,944 29,944 28,060 28,060 125,203) 125,203) 32,801 32.801 7. RESTRICTED FUNDS Broughl Incoming Outgoing forward resources resources Carried fonvard Transfer8 LYNN ATHLETIC CLUB LIMITED Incoming Rosources for the year ended3110312024 2024 202J Ineomlno resotsrces Incoming resources from generated funds 22 Charitable Activity From Charitable Activities 1 7,577 7,5T7 28,060 7,577 7, 599 28,060 LYNN ATHLETIC CLUB LIMITED Expenses for Ihe year ended3110312024 2024 202J Expenses Costs of gen8rating funds Cosls Of Generating Voluntary Income Purchases 3.162 3,162 Fundralslng Tradlng Costs Costs Of Generaling Funds Fundraising Trading Cosls 1 Costs Of Generating Funds Fundraising Trading Costs 2 9,223 350 9,573 3,162 9,573 Charitable Activities General Funds Repairs and renewals Scale charges Accountancy fees Station8ry & offic8 suppIi8S 20.663 662 350 366 22,041 25,203 9,573 This document was delivered using electronic communications and authenticated in accordance with the registrar's rules relating to electronic t"orn], authentication and manner of delivery under section 1072 of the Companies Act 2006.