Company registration number: 04318063 Charity registration number: 1109468 **LEWISHAM SPORTS CONSORTIUM TRUSTEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024** ## **LEWISHAM SPORTS CONSORTIUM Contents** ||**Page**| |---|---| |Trustees' Report|1—3| |Independent Examiner's Report|4| |Statement of Financial Activities (including Income and Expenditure Account)|5| |Balance Sheet|6| |Notes to the Financial Statements|7—10| **LEWISHAM SPORTS CONSORTIUM Company No. 04318063 Trustees' Report For The Year Ended 30 November 2024** The trustees present their report and the financial statements for the year ended 30 November 2024. ## **Objectives and Activities** ## **Aims and Objectives** The charity’s principal aims and objectives is that of providing sport, recreation and cultural activities for the community particularly targeting the Black and Minority Ethnic (BME) community in the London Borough of Lewisham ## **Significant Activities** The charity provides sports, recreation, education and training and cultural activities for all age groups. ## **Public Benefit** General Charitable Purposes Education/training Amateur Sport Recreation Provides Buildings/facilities/open Space The trustees confirm that they have complied with the requirements of Section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s guidance on public benefit. ## **Financial Review** ## **Financial Position** Funds available are sufficient to permit the Trust to continue in operation in the medium term, given the continued support of the charity. Should this support not continue in the longer term, further financial support would need to be sought to replace it. ## **Reference and Administrative Details** ## **Trustees** Mr Michael Anthony Garrick Mr Lee Lloyd Laing Mr Ashley Letts Mr Lascelles Udenzie Dixon Mr Harry Alexander Powell - Chair ## **Charity Number** 1109468 ## **Company Number** 04318063 Page 1 **LEWISHAM SPORTS CONSORTIUM Trustees' Report (continued) For The Year Ended 30 November 2024** ## **Independent Examiner** JRK Accountancy Services 279 Slade Green Road Erith DA8 2JN Page 2 **LEWISHAM SPORTS CONSORTIUM Trustees' Report (continued) For The Year Ended 30 November 2024** ## **Small Company Rules** This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006. The trustees' report was approved by the board of trustees and signed on its behalf by: Mr Michael Anthony Garrick Trustee 29/09/2025 Page 3 **LEWISHAM SPORTS CONSORTIUM Independent Examiner's Report to the Trustees of LEWISHAM SPORTS CONSORTIUM For The Year Ended 30 November 2024** I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 November 2024. ## **Responsibilities and Basis of Report** As the charity trustees of the Company (and also its directors for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act. ## **Independent Examiner's Statement** I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: 1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). 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. ............................... 29/09/2025 JRK Accountancy Services 279 Slade Green Road Erith DA8 2JN Page 4 ## **LEWISHAM SPORTS CONSORTIUM Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 30 November 2024** |**Notes**
**INCOME AND ENDOWMENTS FROM:**
Donations and legacies
**3**
Charitable activities:
Provision of sports, recreation, education, training and
cultural activities.
**EXPENDITURE ON:**
Charitable activities:
**4**
Provision of sports, recreation, education, training and
cultural activities.
**NET INCOME/(EXPENDITURE)**
**NET MOVEMENT IN FUNDS**
**RECONCILIATION OF FUNDS:**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**
**9**|**2024**
**Unrestricted**
**funds**
**£**
7,157
35,224|**2023**
**Unrestricted**
**funds**
**£**
9,548
29,846| |---|---|---| ||42,381|39,394| ||(33,229)|(47,896)| ||9,152|(8,502)| ||9,152
8,422|(8,502)
16,924| ||17,574|8,422| The notes on pages 7 to 10 form part of these financial statements. Page 5 ## **LEWISHAM SPORTS CONSORTIUM Balance Sheet As At 30 November 2024** |**Notes**
**CURRENT ASSETS**
Debtors
**7**
Cash at bank and in hand
**Creditors: Amounts Falling Due Within One Year**
**8**
**NET CURRENT ASSETS (LIABILITIES)**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**NET ASSETS**
**FUNDS OF THE CHARITY**
Unrestricted Funds
**TOTAL FUNDS**
**9**|**2024**
**Unrestricted**
**funds**
**£**
-
19,701|**2023**
**Total**
**funds**
**£**
1,426
10,471| |---|---|---| ||19,701
(2,127)|11,897
(3,475)| ||17,574|8,422| ||17,574|8,422| ||17,574|8,422| ||17,574|8,422| ||17,574|8,422| For the year ending 30 November 2024 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the charitable company to obtain an audit in accordance with section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. On behalf of the board Mr Michael Anthony Garrick Trustee 29/09/2025 The notes on pages 7 to 10 form part of these financial statements. Page 6 **LEWISHAM SPORTS CONSORTIUM Notes to the Financial Statements For The Year Ended 30 November 2024** ## 1. **General Information** LEWISHAM SPORTS CONSORTIUM is a company limited by guarantee, incorporated in England & Wales, registered number 04318063 and registered charity number 1109468. The registered office is . ## 2. **Accounting Policies** ## 2.1. **Basis of Preparation of Financial Statements** The financial statements 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 Companies Act 2006. The charitable company is a Public Benefit Entity as defined by FRS 102. ## 2.2. **Incoming Resources** 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. ## 2.3. **Resources Expended** 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. ## 2.4. **Cash and Cash Equivalents** Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts. ## 3. **Income from Donations and Legacies** ||**2024**|**2023**| |---|---|---| ||**Unrestricted **|**Unrestricted**| ||**funds**|**funds**| ||**£**|**£**| |Donations|7,157|9,548| Page 7 **LEWISHAM SPORTS CONSORTIUM Notes to the Financial Statements (continued) For The Year Ended 30 November 2024** ## 4. **Analysis of Expenditure** |Provision of sports, recreation, education, training and
cultural activities.
Provision of sports, recreation, education, training and
cultural activities.
5.
**Support Costs**
General administration
Governance costs|**Activities**
**undertaken**
**directly**
**£**
381|**Support**
**costs**
(see note
5)
**£**
32,848| |---|---|---| ||**Activities**
**undertaken**
**directly**
**£**
10,913|**Support**
**costs**
(see note
5)
**£**
36,983| |||| ## 5. **Support Costs** Page 8 **LEWISHAM SPORTS CONSORTIUM Notes to the Financial Statements (continued) For The Year Ended 30 November 2024** **2023** ## **Provision of sports, recreation, education, training and cultural activities.** |General administration
Governance costs|**£**
35,533
1,450| |---|---| ||36,983| ## 6. **Average Number of Employees** Average number of employees during the year was: 3 (2023: 3) 7. **Debtors** |7.
**Debtors**|7.
**Debtors**|||| |---|---|---|---|---| |**Due within one year**
Other debtors
8.
**Creditors: Amounts Falling Due Within One Year**
Other creditors
9.
**Movement in Funds**
**As at 1**
**December**
**2023**
**£**
**Unrestricted funds**
General:
General unrestricted fund
8,422
**Total funds**
8,422||**Income**
**£**
42,381|**2024**
**£**
-
**2024**
**£**
2,127
**Expenditure**
**£**
(33,229)|**2023**
**£**
1,426| |||||**2023**
**£**
3,475| |||||**As at 30**
**November**
**2024**
**£**
17,574| ||8,422|42,381|(33,229)|17,574| Page 9 ## **LEWISHAM SPORTS CONSORTIUM Notes to the Financial Statements (continued) For The Year Ended 30 November 2024** |**Unrestricted funds**
General:
General unrestricted fund
**Total funds**|**As at 1**
**December**
**2022**
**£**
16,924|**Income**
**£**
39,394|**Expenditure**
**£**
(47,896)|**As at 30**
**November**
**2023**
**£**
8,422| |---|---|---|---|---| ||16,924|39,394|(47,896)|8,422| ## 10. **Transactions with Trustees** During the year the expenses reimbursed to the trustees or paid directly to third parties were as follows: |**2024**|**2023**| |---|---| |**£**|**£**| Page 10