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2021-06-30-accounts

Registered number: 4804762 Charity number: 1113112

Vallance Community Sports Association Limited

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STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 30/06/2021

Prepared By: M NH Mannan

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Vallance Community Sports Association Limited

FINANCIAL STATEMENTS

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FOR THE YEAR ENDED 30/06/2021

TRUSTEES

Mr Shuhel Ahmed

Mr Mohammed Isiam Mr Kamal Uddin Mr. Abdul Shahin Ms Farhana Zaman

SECRETARY

Ms Farhana Zaman

REGISTERED OFFICE

SHA Community Centre 117 Vallance Road London E1 5BW

COMPANY NUMBER 4804762

CHARITY NUMBER 1113112

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ACCOUNTANT

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M NH Mannan 9 West Road Southend on Sea Essex SS9 6HH

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Vallance Community Sports Association Limited

ACCOUNTS

FOR THE YEAR ENDED 30/06/2021

CONTENTS

Page
Report ofthe Trustees 3
Independent Examiner's Statement 6
Statement of Financial Activities it
Balance Sheet 8
Notes to the Accounts 9to 11
DetailedStatementofFinancialActivities 12to13

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Vallance Community Sports Association Limited

FOR THE YEAR ENDED 30/06/2021

TRUSTEES’ REPORT

The trustees present their report and accounts for the year ended 30/06/2021

PRINCIPAL ACTIVITIES

It has been a challenging year, yet at the same time; looking back it was a real success. With Covid restrictions in place, our focus shifted to online activities and Covid Support for our neighbourhood. _ We succeeded in securing funds for Covid support. Our young. member's, volunteers and staff worked tirelessly above and beyond their call of duty to source, prepare and deliver food parcels and other day to day essentials to the vulnerable and neediest of our community. Over 500 packages were delivered throughout the lockdown of 2021. ,

Our outdoor sports activities were severely impacted due to the restrictions in place. However, we did not let our members and community down and took the initiative by taking our activities to their homes. Active sessions, mental health awareness, training and many other activities were delivered online. We took the view that young people must remain physically engaged and active, but more importantly in a good state of mind and mental health. With no: physical communication or contact brought unprecedented challenges and difficulties. To overcome these, VCSA ensured regular contact with members and were active in running online session.

Post relaxation of the lockdown rules VCSA restarted its outdoor activities. These included

VCSA engage with over 2,000 people across all ages during 2020-21, despite being in lockdown and the restrictions that came with this. Services were principally volunteer led and, run. This model, along with our collaborative working with partner organisations, has enabled us to keep our costs down and ensure the vast majority of our resources directly benefit our service users.

Children and young people play an integral role to the planning and delivery of services and across the broad planning and decision-making process of VCSA. We have a dedicated VCSA young people’s forum where young people meet with the Manager, staff and a representative of the management committee to discuss the broad range of services on offer and provide their suggestions and recommendations. This is a mechanism used to gauge young people's views on potential new provisions and expectations.

Each project recruits volunteers from our young beneficiaries who become part and parcel of the project delivery team, and contribute to both the planning, delivery and development of the project. Their additional role is to gauge their peers views on the project and relay this to the delivery team. The Management Committee also requests representation from the beneficiaries within parts of the quarterly Management Committee meetings. As young people are our main beneficiary group, they routinely participate in this element, providing feedback, suggestions and their perspectives on important organisational decisions. ;

VCSA will continue to build on our success and learn from the experience gained from this unprecedented year. We would also like to like to thank our funders who continuously support our cause and give us the strength and encouragement to work for and support our community.

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STRUCTURE GOVERNANCE AND MANAGEMENT

Vallance Community Sports Association Limited is a registered charity, constituted as a company limited by guarantee and not having a share capital. The charity is governed by its Memorandum and Articles of Association adopted in 2001.

The Management Committee comprises of 6 Trustees/Directors. The Management Committee generally meet every 2 months to discuss, review, monitor and implement operational and strategic plans, for all Sections of the organisation.

The Management Committee has a risk management strategy that consists of :

1) Annual review of risks facing charity.

2) Establishing and implementing systems and process's to mitigate such risks.

3) Implementation of such procedures designed to minimize any potential impact to the charity should those risk materialise

The report was prepared in accordance with the special provisions within Part 15 of the Companies Act 2006.

This report was approved by the Board of Trustees on 20/02/2022.

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STATEMENTS OF TRUSTEES RESPONSIBLITES

The Directors and trustees are required by law to prepare financial statements for each financial year which give a true and fair view of the charity and of the results for that period. In preparing those financial statements, the directors are required to:

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 Companies Act 2006. 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.

ACCOUNTANT

in accordance with Part 15 of the Companies Act 2006, a resolution for the appointment of N Mannan was approved at the Annual General Meeting.

APPROVAL

This report has been prepared in accordance with the special provisions within Part 15 of the Companies Act 2006 and in accordance with section 132 and 133 of the Charities Act 2011.

This report was approved by the Board of Trustees on 20" February 2022 and signed on their behalf.

Mr Shuhel Ahmed Trustee ;

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Vallance Community Sports Association Limited

INDEPENDENT EXAMINER'S STATEMENT

FOR THE YEAR ENDED 30/06/2021

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF VALLANCE COMMUNITY SPORTS ASSOCIATION LIMITED

| report on the accounts of the company for the year ended 30/06/2021.

RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER

The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

Having. satisfied myself that the charity is not subject to an audit under company law and is eligible for independent examination, it is my responsibility to:

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 those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations 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 opinion is given as to whether the accounts present a “true and fair view" and the report is limited to those matters set out in the statement below.

INDEPENDENT EXAMINERS STATEMENT

| confirm that | am qualified to undertake the examination because | am a member of the Association of Chartered Certified Accountants.

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

| 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 ordertoenable a proper understanding of the financial statements to be reached

MN H Mannan BA (Hons), FCCA 9 West Street Southend On Sea 20'"$S2 February6HH 2022 { ae

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Vallance Community Sports Association Limited

Statement of Financial Activities

for the year ended 30/06/2021

2021 2020
: Unrestricted
funds		 Restricted
funds		 Total Total
& £ 3 S)
Incoming resources
Incoming resources from generated funds
Donation income 100 100 290
Grant & Other Charitable Income 141,759 141,759 61,296
Total incoming resources 100 141,759 141,859 61,586
Resources expended
Costs ofgenerating funds
Charitable activities 100 141,677 141,778 61,545
Total resources expended 0 82 82 61,545
Net incoming resources before transfers 0. 82 82 41
Net movement in funds:
Net income forthe year 0 82 82 41
Total funds broughtforward - - 11,295 11,254
Netfundscarriedforward 0 82 11,377 11,295 .

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Vallance Community Sports Association Limited

BALANCE SHEET AT 30/06/2021

----- Start of picture text -----
2021 2020
Notes £ if
CURRENT ASSETS :
Debtors (amounts falling due within one year) 3 2,189 4,561
Cash at bank and in hand 21,404 @o2t
23,593 12,082
CREDITORS: Amounts falling due within
one year 4 12.214 785
NET CURRENT ASSETS 11,379 11,297
TOTAL ASSETS LESS CURRENT
LIABILITIES cil eee
CAPITAL AND RESERVES
Unrestricted funds 6 800 800
Restricted funds ih 10,579 10,497_
138 Ae
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For the year ending 30/06/2021 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of theCompanies Act 2006.

The directors 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.

Approved by the Board of Trustees on 20'" February 2022 and signed on their behalf by

Shuhel Ahmed

Trustee

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Mx
. Fafana Zaman
General Secretary
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Mr Mohammed Islam Treasurer

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Vallance Community Sports Association Limited

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NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 30/06/2021

1. ACCOUNTING POLICIES

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1a. Basis Of Accounting

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The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smailer Entities (effective January 2015) and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.

1b. Incoming Resources

All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

1c. Resources Expended

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.

id. Allocation And Apportionment Of Costs

All costs relate to the single activity of the charitable company and are recognised accordingly.

ie. 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.

Designated funds are funds set aside by the trustees out of unrestricted general funds for the specific future purposes or projects.

1f. Cash Flow Statement

The Company is exempt from including a statement of cash flows in.its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective January 2015).

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1g. Pension Costs

The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

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Vallance Community Sports Association Limited

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P

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th. Turnover

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Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

2. PENSION CONTRIBUTIONS

2021 2020
£ £
Pension contributions 0 0
So oe
3. DEBTORS 2021 2020
£ £
Amounts falling due within one year:
Grant debtors 2,189 4,561
Other debtors - -
2,189 4,561

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

ONE YEAR
2021 2020
£ B
Creditors & Accruals ® 1,476 -
Grant Carried — ESC Lottery Fund 8,580
Grant Carried — City ofLondon 1,529
HMRC 629 785
12,214 785

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Vallance Community Sports Association Limited

5. LIMITED BY GUARANTEE

The company is timited by guarantee and does not have a share capital. Each member gives a guarantee to contribute a sum not exceeding £1 to the company should it be wound up. At 30/06/2021 there were 6 members.

6. UNRESTRICTED FUNDS

Brought
forward		 Incoming
resources		 Outgoing
resources		 Treirntesss Carried
forward
es & a fs £
Unrestricted Funds 800 100 (100) 2 800
800 100 (100) - 800
7. RESTRICTED FUNDS
Brought
forward		 Incoming
resources		 Outgoing
resources		 Tranrekare Carried
forward
£ £ rs £5 £
Restricted Funds 10,497 141,759 (141,677) - 10,579
10,497 141,759 (141,677) - 10,579

7. RESTRICTED FUNDS

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Vailance Community Sports Association Limited

Incoming Resources for the year ended 30/06/2021

2021 2020
Incoming resources £ 5a
Restricted income
London BoroughofTower
Hamlets		 21,310
StreetGames UK 2,560 1,260
Jack Petchey Foundation 2,000 2,250
ESC Lottery Fund 780 5,760
London FA 200
Headley Foundation 1,000
The Edward Gostlin 4,000
Garfield Weston
Foundation		 5,000
Power Leisure
Bookmakers		 oe
HMRC 8,020 7,116
Postcode Neighbourhood
Trust		 8,500
CanaryWharf 1,500 :
The Foyle Foundation 5,000
The True Colours 5,000
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Tower Hamlet Homes 10,160
Trapped in Zone 1,282
Wapping Youth 800
City ofLondon trust 34,133
Local Giving 4,000
East End Community
Foundation		 6,500
London Youth 8,250 12,100
Sported Foundation 2,000
BBC Children in Need 17,804
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Groundwork UK 500
Albert Hunt 1,000
Hoare Trustees 20,470
Donations 4,800
141,759 61,296
Unrestricted Income
Donation 100 290
100 290
Oe —
141,859 61,586

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Vallance Community Sports Association Limited

Resources Expended
forthe yearended 30/06/2021
2021 2020
: £ iS
Resources expended
Charitable Activities
Coaching 16,287 11,840
Sports Equipment 14,100
Football Expenses 1,549 5,691
Youth Activities 8,678 et :
Advertising & Promotion 8,814 1,920
IT & Stationery 2,052 1,704
Facilities Hire 4,056 4,227
Administration 16,200 2,650
Accountancy & Book-Keeping 1,800 1,200
Rent 2,806 3,216
Insurance 414 645
Telephone 428 597 ;
Salaries & NICT 33,463 18,978
Covid Support 17,408 -
Youth Training & Develop 13,5295 1,650
Bank interest& Charges 100 114
Sundry expenses 96 -
141,777 61;545
141,777 61,545

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