Registered number: 4804762 Charity number: 1113112 


**----- Start of picture text -----**<br>
|||||
|---|---|---|---|
|Vallance|Community|Trust|
|STATEMENT OF|FINANCIAL ACTIVITIES|
|FOR|THE|YEAR|ENDED 30/06/2025|
|aaa|

**----- End of picture text -----**<br>


Prepared By: Atherton Greene Ltd MNH Mannan ° 

## Vallance Community Trust 

||FINANCIAL STATEMENTS|
|---|---|
||FOR THE YEAR ENDED 30/06/2025|
|TRUSTEES||
|Mr Shuhel Ahmed||
|Mr Mohammed Islam||
|Mr Kamal Uddin||
|‘MrAbdul Shahin||
|Mr Shuhel Miah||
|Ms Farhana Zaman||
|SECRETARY||
|Ms Farhana Zaman||
|REGISTERED OFFICE||
|Hason Raja Centre||
|117 Vallance Road||
|London||
|E1 5SBW||
|COMPANYNUMBER||
|4804762||
|CHARITY NUMBER||
|1113112||
|ACCOUNTANT||
|Atherton Greene Ltd||
|M N H Mannan||
|71-75 Shelton Street||
|Covent Garden||
|London||
|:WC2H9JQ||



page 1 

## Vallance Community Trust 

## ACCOUNTS FOR THE YEAR ENDED 30/06/2025 

## CONTENTS 

||Page|
|---|---|
|Report oftheTrustees|3to6|
|Independent Examiner's Statement|7|
|Statement of Financial Activities|8|
|Balance Sheet|9|
|Notes to the Accounts|10 to12|
|DetailedStatementofFinancialActivities|13to15|



page 2 


**----- Start of picture text -----**<br>
Vallance Community Trust<br>**----- End of picture text -----**<br>



**----- Start of picture text -----**<br>
FOR THE YEAR ENDED 30/06/2025<br>**----- End of picture text -----**<br>


## TRUSTEES' REPORT 

The trustees present their report and accounts for the year ended 30/06/2025 

## PRINCIPAL ACTIVITIES 

During the year the Charity continued to deliver a range of community-based sport, youth and heaith programmes serving approximately 2,000 beneficiaries aged 5 to 65. 

## Programmes delivered included: 

- e SEN Health Development Programme e SEN Social Club e After-school and weekend sports coaching e Football Academy e Youth Club and holiday provision e Volunteering and mentoring programmes 

The Charity operated 10 football teams, including a senior team competing in the Essex Alliance Premier Division (Step 8 of the National League System), alongside junior teams participating in London leagues. Work with local schools continued, with inclusive participation for boys and girls. ! 

The SEN Health Development Programme remained a core activity, supporting disabled and disadvantaged young people through structured physical activity and social engagement. 

At the year end the Charity employed four staff (two full-time and two part-time) and engaged approximately 20 sessional workers, including coaches, youth workers and mentors. Several sessional workers were former participants who progressed into volunteering and paid roles, supporting the Charity's commitment to local development and employability pathways. 

The Charity received grant funding from a range of statutory and charitable funders. Multi-year support continued from key partners including the London Borough of Tower Hamlets, City Bridge Foundation and the Greater London Authority. 

Total income for the year ended 30 June 2025 was £257k (2024: £233k). Total expenditure was £251k (2024: £232k). The Charity recorded a net surplus of £6k (2024: £1k). At 30 June 2025 total funds were £19k (2024: £13k 

The trustees are satisfied with the financial performance for the year and consider the Charity to be a going concern. 

page 3 

## Vallance Community Trust 

The trustees aim to build reserves equivalent to approximately three months of core operating costs to ensure financial stability and manage cash flow fluctuations. 

The principal risk facing the Charity is reliance on grant funding from a limited number of funders. 

The trustees mitigate this risk by: 

- e Seeking diversified funding sources e Maintaining strong partnerships . e Monitoring budgets and cash flow regularly e Reviewing risks at Board meetings 

The trustees are satisfied that appropriate financial and operational controls are in place. 

We extend our heartfelt gratitude to our funders, whose unwavering support enables us to continue our vital work. Their contributions provide the strength and encouragement needed to serve our community effectively 

Post Balance Sheet Events 

Subsequent to the year end: 

- e The organisation changed its name in September 2025 to Vallance Community Trust. e A Trustee/Director appointment was made on 10 January 2025. e VCT received the Tower Hamlets Volunteer Group of the Year 2025 and the Tower Hamlets Young People Sports Group of the Year 2025 (for the Young People’s Disability Program) in December 2025. 

These events do not affect the financial position as at 30 June 2025. 

Shuhel Ahmed Chairman, Vallance Community Trust 

page 4 

## Vallance Community Trust 

## STRUCTURE GOVERNANCE AND MANAGEMENT 

Vallance Community Trust 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 processes 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. 

page 5 

F 

## Vallance Community Trust 

## STATEMENT OF TRUSTEES RESPONSIBLITES 

The trustees (who are also directors for the purposes of company law) are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and regulations. 

Company law requires the trustees to prepare financial statements for each financial year. Under section 393 of the Companies Act 2006, the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of its income and expenditure for that period. 

In preparing these financial statements, the trustees are required to: 

- e Select suitable accounting policies and then apply them consistently. e Observe the methods and principles of the Charities SORP (FRS 102); 

- e Make judgments and estimates that are reasonable and prudent. 

- e State whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and 

- e Prepare the financial statements on a going concern basis unless it is inappropriate to presume that the company will continue in business. 

The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company. They are also responsible for ensuring that the financial statements comply with the Companies Act 2006, the Charities Act 2011, and the company's governing documents. 

The trustees are also responsible for safeguarding the assets of the company and hence for taking reasonable steps to prevent and detect fraud and other irregularities. 

## ACCOUNTANT 

; 

In accordance with Part 15 of the Companies Act 2006, a resolution for the appointment of Atherton Greene Ltd 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 3" of March 2026 and signed on their behalf. 


**----- Start of picture text -----**<br>
Mr Shuhel Ahmed ~<br>**----- End of picture text -----**<br>


Trustee 

page 6 

## Vallance Community Trust 

## INDEPENDENT EXAMINER'S STATEMENT 

## FOR THE YEAR ENDED 30/06/2025 

## INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF VALLANCE COMMUNITY TRUST 

| report on the accounts of the company for the year ended 30/06/2025. 

## 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: 

- examine the accounts under section 145 of the 2011 Act; 

- follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and 

- state whether particular matters have come to my attention. 

## 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: 

- I. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or 

- ll the financial statements do not accord with those records; or , 

- ltt the financial statements 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 

- IV. the financial statements 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). 

| 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 financial statements to be reached 

Atherton Greene Ltd 


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M N H Mannan BA (Hons), FCCA<br>**----- End of picture text -----**<br>


71-75 Shelton Street London WC2H3 March 9JQ2026 1) \\__ JA. /\[AA»] 

page 7 

## Vallance Community Trust 


**----- Start of picture text -----**<br>
|||||||||
|---|---|---|---|---|---|---|---|
|Statement|of|Financial|Activities|
|for the|year ended|30/06/2025|
|2025|2024|
|Unrestricted|Restricted|
|‘|funds|funds|woe|Total|
|£|£|£|£|
|Incoming|resources|
|Incoming|resources|from|
|generated|funds|
|Donation|income|4,049|4,049|765|
|Grant &|Other|Charitable|Income|252,763|252,763|237,790|
|Total|incoming|resources|4,049|(252,763|256,812|232,555|
|Resources|expended|
|Costs|of generating|funds|
|Charitable|activities|-|250,714|250,714|231,648|
|Total|resources|expended|-|-|250,714|252,996|231,648|
|Net|incoming|resources|before|
|transfers|4,049|2,049|6,098|907|
|Net|movement|in|funds:|
|Net|income|for the|year|4,049|2,049|6,098|907|
|Total|funds|brought|forward|2,227|10,847|13,074|12,167|
|Net funds|carried|forward|6,276|12,896|19,172|13,074|

**----- End of picture text -----**<br>


page 8 

## Vallance Community Trust 

||BALANCE SHEETAT|AT 30/06/2025||||
|---|---|---|---|---|---|
||||2025||2024|
||Notes||£||&|
|CURRENT ASSETS||||||
|Debtors & Prepayments (falling due<br>within oneyear)|3|12,500||11,000|;|
|Cash at bank and in hand||17,108||14,260||
|||29,608||25,260||
|CREDITORS: Amounts falling due<br>withinoneyear|4|10,436||12,186||
|NETCURRENTASSETS|||19,172||13,074|
|TOTAL ASSETS LESS CURRENT<br>LIABILITIES|||debit||ee|
|CAPITALAND RESERVES||||||
|Unrestricted funds|6||6,276||2,227|
|Restricted funds|7||12,896||10,847|
||||19,172||13,074|



For the year ending 30/06/2025 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 the Companies 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 3 March 2026 and 

signed on their behalf by 

Shuhel Ahmed 

Trustee 

Farhana Zaman 

General Secretary 

Mr Mohammed Islam Treasurer 

page 9 

## Vallance Community Trust 

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30/06/2025 


**----- Start of picture text -----**<br>
1. ACCGUNTING POLICIES<br>**----- End of picture text -----**<br>


## 1a. Basis Of Accounting 

The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller 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. 

## 1d. Allocation And Apportionment Of Costs 

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

## te. 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). 

## 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. 

page 10 

## Vallance Community Trust 

## 1h. Turnover 

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

## 2. PENSION CONTRIBUTIONS 

||2025|2024|
|---|---|---|
||£|£|
|Pension contributions|1,268|423|
||1,268|423|
|3. DEBTORS & PREPAYMENTS|2025|2024|
||£|£|
|Amounts falling due within one year:|||
|Prepayment|-|4,750|
|Grant debtors|12,500|6,250|
||12,500|11,000|



4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 

||2025|2024|
|---|---|---|
||£|£|
|Creditors&Accruals|7,506|4,975|
|Salaries & Wages|1,714|5,688|
|Pension|317|317|
|HMRC|899|1,207|
||10,436|12,186|



page 11 

## Vallance Community Trust 

## 5. LIMITED BY GUARANTEE 

The company is limited 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 30/06/2025there were 6 members. 

## 6. UNRESTRICTED FUNDS 

||Brought<br>forward|Incoming<br>resources|Outgoing<br>resources||Transfers|Transfers|Carried<br>forward|
|---|---|---|---|---|---|---|---|
||‘£|£|£|||£|£|
|Unrestricted Funds|2,227|4,049||-|.|-|6,276|
||2,227|4,049||-||-|6,276|
|7. RESTRICTED FUNDS||||||||
||Brought<br>forward|Incoming<br>resources|Outgoing<br>resources||Wor||Carried<br>forward|
||£|£|£|||£|WE|
|Restricted Funds|10,847|252,763|(250,714)|||-|12,896|
||10,847|252,763|(250,714)|||-|12,896|



## 7. RESTRICTED FUNDS 

page 12 

## Vallance Community Trust 

## incoming Resources for the year ended 30/06/2025 

||||2025|2024|
|---|---|---|---|---|
|Restricted Income|||i|£|
|APDA Limited|||400|600|
|City ofLondon|||41,000|44,000|
|ESC Lottery||||14,520|
|Garfield Weston|||7,500|7,500|
|Jack Petchey Foundation|||2,700|5,200|
|LBTH Main Account|||144,790|147,870|
|London Marathon||||5,000|
|Accept Sport|||1,000||
|Muslim Charity||||1,000|
|Sported Foundation||©||5,000|
|The Davenant Centre|||||
|TWS||.|650|1,100|
|Private Fund|||3,500||
|Greater London Authority|||26,638||
|Muslim Charity|||4,500||
|Save The Children|||15,485||
|The One Network|©||4,600||
||||252,763|231,790|



page 13 

## Vallance Community Trust 

|||Incoming Resources|Incoming Resources||
|---|---|---|---|---|
|||forthe yearended 30/06/2025|||
||||2025|2024|
|Unrestricted|Income||£|£|
|Donation<br>-|||-|140|
|Prize Award|||-|625|
|Madina Corp|Ltd||1,000|-|
|Capital City|||700|-|
|Private Donations|||2,349|-|
||||5,099|765|
||TotalUnrestricted|Income|=o|fs)|



page 14 

## Vallance Community Trust 

## Resources Expended for the year ended 30/06/2025 

|||2025|2024|
|---|---|---|---|
|||£|£|
|Resources expended on||||
|Charitable Activities||||
|Coaching||31,334|22,233|
|Sports Equipment||4,476|468|
|Youth Activities||66,274|69,595|
|Advertising & Promotion||2,081|7,023|
|IT& Stationery||1,875|8,096|
|Facilities Hire||7,083|5,241|
|Administration|°|28,013|32,025|
|Accountancy &|Book-Keeping|1,500|2,000|
|Rent||1,803|2,806|
|Insurance||504|594|
|Telephone||737|313|
|Salaries<br>;|;|93,961|74,045|
|Employers NIC<br>YouthTraining&Develop||.<br>5,690|1,700<br>3,680|
|Bank interest&Charges|Charges|139°|116|
|Pension||1,268|423|
|Sundryexpenses||3,886|1,290|
|||250,714|231,648|



page 15