Newham All Star Sports Academy CompaTry No. 5782467 Charity No. 1114835 Report and Financial Statements For the year ended 30 September 2024 Contents Page No Board of Directors, Report Independent Examinefs Report 10 Statement of Financial Activities 11 Balance Sheet 12 Notes 13- 17
Newhani All Star sports Academy Report of the Trustees for the year ended 30 September 2024 Newham All Star S orts Academ ASSA ort of the Trustees for tbe ear end 30tb Se tember 2024 The Trustees, who are also Directors, are pleased to present their report together with the financial statements of the Charity for the year end 30 September 2024. The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and Accounting and Reporting by CharÈties: Statements 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 l January 2019). Ob ectives and Activities for the Public Benefit The principal aims of the cRlty are to promote and to assist the mental and physical development of young people through mentoring, sporting and physical activity, in particular basketball, but also volleyball, tsaI. fencing. table tennis, NFL and badminton. Communi Benefits NASSA ain]s to be different to from other community organisations. We still use spo¢ particularly basketball, as a means of engaging with young people, but the emph(ls is on supporting them in their daily lives, whether by helping them with their mental health through one-to-one mentoring, giving them advice to help them understand the dangers and temptations that are on offer to them on a daily basis, or giving them the opportunity to gain valuable qualifications. By supporting and helping an individual young person. NASSA is helping that individual's family members, their friends, their peers and their community whose lives are touched by that one individual. In supporting individual young people and providing them with the timdamental skills they need to succeed in their lives, NASSA is developing tUre sports and community leaders and creating role models. Achievements and Successes of 2023-2024 NASSA continued its movement away from being seen as simply a basketball club towards an organisation that supports local disadvantaged young people with their mental health, their safety and their future employment prospects. These three areas are targeted by NASSA'S one-to-one mentoring prooramme, by its Carry A Basketball Not A Blade (CABNAB) initiative to educate young people on the clang¢rs of knife crime, gang membership and county lines, and by its commitment to furnishing young people with qualifications that will impress potential future employers. The one-to-one mentoring programme that was developed during th. Covid-19 pandemic supwrted over 400 young people aged 14-19 between October 2023 and Septembcr 2024.
Newham All Stsr Sports Academy Report of the Trustees for the year ended 30 September 2024 NASSA'S coaches build relationships with each young person on an individual basis, taking time to understand the young person, s personal situation both at home and at school, their hopes and fears, their behaviours and temptations, as well as their future ambitions. A qualified mental health expert provides support and advice to the NASSA coaching team through funded hours on the New Deal for Young People and Propel programmes. Monthly coaches meetings allow NASSA coaches to share practice and learn from each other, improving the wealth of knowledge and experience that NASSA possesses as aj) organisation. The content of the confidential one-to-one mentoring tslks between a coach and a young person remains within NASSA. The mentsl health crisis in east London that became apparent during the Covid-19 pandemic still affects huge numbers of young people. This elevates the attraction of gang membership through a sense of belonging and indicates the need for one-to-one mentoring programmes, such as those run by NASSA. In addition, NASSA'S tslks on drug and alcohol abuse. healthy eating and personal hygiene also perforni important roles in supporting and guiding young people.. While many talks on such topics are delivered on a group basis. the confidential, one-to-one mentoring chats and home visits at which at least one parentlcarer is present carry a deeper impact. No subject is off limits when the young people speak to the NASSA coaches, especially on matters on which they do not feel they can communicate with their parentslcarers. Subjects addressed in these one-to- one chats includ¢ drugs, alcohol, smoking, gang activity, carrying a knife, self-harn] and suicide. When NASSA is hiring coaches. the potential to be a good mentor is now oiven even greater consideration than previously. NASSA continues, where it Ca to use two qualified coaches at each of its community sessions where the focus is on mentoring. This is to allow for one coach to be free at all times to engage a young person in a one-to-one chat while the other coach oversees the session. This has meant an increase in the cost of the coaching element within NASSA programmes, but NASSA overcomes this where possible by negotiating free court hire at partner schools and extra free hours at the University of East London's SportsDock facility. In the year covered by this report, NASSA ran Year 2 of its mentoring programme funded by the GLA'S New Deal for Young People. It also ran months 7-18 of the 36-month mentoring prOarnMe funded by The Mercers, Company under the GLA'S Propel funding umbrell& Beginning in October 2023, NASSA also delivered Year 2 sessions of the schools basketball taster programme funded by the National Lottery Reaching Cornmunities Fund. Through this progranune, NASSA delivers six weeks of free basketball sessions in 17 schools in Newham each yvar. The benefits are seen not only in introducing basketball to an average of 25 young people aged 14-16 (Years 9-11) in each mixed session, but also in si1p0sting the young people to NASSA'S club and community programmes. Out of every school group session, at least l O young people subsequently attended a NASSA club session. This equates to around 150 new attendees at NASSA club sessions every year coming through the schools programme. In this way, the programme has strengthened relationships between NASSA and the schools involved. However, one issue is the continual changeover and chum of teachers in schools in east London. including headteachers and PE coordinators. This tskes up the time of NASSA Chief Executive Natasha Hart and the need for her to introduc¢ herself to new relevant members of staff on an ongoing b&sis. Natasha has continued to take up invitations to address year group assemblies to tell pupils about NASSA'S club and community sessions, as well as the extra-curricular sessions to be held in thos¢ schools.
Newham All Star Sports Academy Report of the Trustees for the year ended 30 September 2024 Unfortunately, NASSA had to close the NASSA Basketball Academy prnanne based at Mayfield School, Ilford. This was because. following a change of headteacher and senior staff at Mayfield, there was a lack of commiknent towards the academy and partnership working from the school which made it too difficult for NASSA to continue with it. NASSA'S Cany A Basketball Not A Blade (CABNAB) initiative educating local young people on the dangers of knife crime and gang culture continues to have a huge impact and relevancc with stabbings across London still at extremely high levels. Workshops on knife crime. county lines activity, gang membership (as well as alcohol, drugs. smoking, healthy eating and personal hygiene) continue to inforni NASSA basketball sessions. In January 2024, a special NASSA v Metropolitan Police game was held in front of over l 00 invited guests, including NASSA Patron Rt. Hon. Sir Stephen Timms, MP for East Ham, and Rokhsana Fi Mayor of Newham. at UEL'S SportsDock facility. Then Newham Borough Commander Simon Crick led a team of serving officers against a team of NASSA young peopl¢, all of whose lives have been affected by knife crime and all of whom have been guided by CABNAB talks. The game was preceded by a minute's silence and the shooting of basketball hoops to remember each of the young people who have died in the London Borough of Newham as a direct result of knife crime in the past two years. NASSA secured prime-time coverage of the game on Sky News, 6pm bulletin with the channel sending a crew to cover the event. Here is the link to the Sky News piece - h s:/1 oUtU.b9Smfi1nSr l?si NASSA continues to run its girls-only programme sessions in Sarah Bonnell School and St Amgela's, two sessions twice-weekly at each venue for separate cohorts of girls aged 14-15 and 16-18. NASSA girl's teams played in local league competitions. Girls from the prngramme continue to volunteer on iL helping the coaches and acting as peer mentors to their fellow participants. ThÉs programme is nded by the McLaren Construction Group. who were introduced to NASSA by a member of the NASSA Advisory Board. In line with the wishes of the young people attending both club and community sessions at NASSA who simply want to enjoy the game of basketball in a non-competitive setting, NASSA fielded just three teams in competitive leagues in the 2023-24 season. They were a men'sll 8+ team in National League Division 2, a girl's under-14s team in local leagues and a mixed, boys and girls, under-12s team, also in local leagues. NASSA also runs a schools competition for local primary schools. This is a mixed (boys and girls) competition for pupils aged 8-1 I. NASSA'S U-l6s girls team competes in a local school's competition. NASSA continues to run basketball camps in the school holidays. In the year covered by this report, eight weeks of camps were run. Four weeks were funded by the National Lottery Reaching Communities Fund.
Newham All Star Sports Academy Report of the Trustees for the year ended 30 September 2024 The other four weeks were funded by Newham Council. These camps cater for up to 40 young people every day at UEL'S SportsDock facility. In July 2024, the Novotel London ExCeL hosted the NASSA Achievement Awards at which over 50 guests were present. Thes¢ awards celebrated NASSA young people. parents/carers and volunteers as well as the hard work of the NASSA coaches and staff. NASSA received two awards of its own in late 2023. In November 2023, NASSA was recognised for its Outstanding Contribution to Sports Development at the East London Community Heroes 2023. These awards are run by the Rotary Club and in February 2024, NASSA was named as the London-wide winner in the same category at a gala evening with guests from around the world in London's West End. In December 2023, NASSA was named as winner in the Civic & Community Engagement category at the Newham Business Awards 2023 for its work in supporting young people and for helping them to gain qualifications to set them on the path to employment. The Civic & Community Engagement category was open to businesses. voluntary and community organisations, who were measured on their social impact. NASSA continues to reinforce its strong relationships with key pariners. These include the University of East London (UEL), Basketball England, the Metropolitan Police, Tat¢ & Lyle Sugars, London City AirporL Sport England, ExCeL Londo Royal Docks Trust and active Newhatn. Funding continues to become ever more ditTicult to source with the number of funding pots and the size of them reducing on a yearly basis. NASSA'S status as an organisation with an annual income in excess of £250.000 continues to pose a problem as there appears to have been a shift towards funding smaller organisations with an annual income of less than £250,000. In this regard. NASSA has become a victim of its own success, having managed to raise its level of funding above this benchmark in the past three financial years. NASSA always requests feedback from any unsuccessful funding applications and we continue to be told frequently that our applications are coherent, well thought OUL clearly written and worthy of being granted, except that there simply isn't enough funding to go around. One example was the second round of Propel funding which would have allowed NASSA to extend its mentoring prograrnme into the Borough of Redbridge. In spite of this positive feedback. NASSA continues to look for ways to improve the quality of its fimding applications. Mission Statement "Every child is unique and has the right to as much support as they need. At NASSA we aim to develop a team of dedicated, skillful players on the court. but off the court our goal is to create good people. Through the mentoring support it provides. NASSA strives to provide opportunities for young people to develop their lives in whichever direction they choose and to strengthen their own futures."
Newham All Star sports Academy Report of the Trustees for the year ended 30 September 2024 NASSA Vision 2024-2025 NASSA'S priority in the 2024-25 fmancial year is to access funding streams to allow it to continue to support as many local young people as possible. It will continue to improve the quality of its funding applications and to produce coherent and meaningful impact reports to showcase the social value of NASSA'S work. It will also look to raise unrestricted funding where possible to allow it to grow the professionalism of the organisation's work. NASSA will also continue to seek new partners, such as its previous collaborntion with London Air Ambulance, to secure funding through joint bids. As part of its commitment to the Propel programme, NASSA will continue to foster the links it has made with new referral partners, including CAMHS (Child and Adolescent Mental Health Services) and the NHS. It will continue to accept referrals from schools and from the Metropolitan Police's Youth Offending Team. A constant theme of the search for funding is that NASSA is perhaps limited in its reach by having Newham in its name. It has also grown to be much more than just a sports charity. NASSA is therefore seeking possible solutions to these issues, including a potential name change in 2025. Because of the ongoing struggles to access new external funding. NASSA hopes to host its first ndraising dinner in the summeT of 2025, genernting income from ticket sales as well as from a raffle and possible auction on the night. This will generate the unrestricted income that is so difficult to access. Continuing to establish new income streams remains an important element of NASSA'S work. NASSA is working with its Advisory Board to explore ways in which to connect with the local business community. The Advisory Board comprise representatives from all of NASSA'S main community partners as well as key individuals from the Canary Wharf and London Docklands business con]munity. NASSA will continue to grow its grassroots coaching programmes within local schools and the community of east London. Where requested and where funding is Source NASSA will develop links with neighbouring London boroughs to roll out the NASSA model. As always. NASSA remains committed to expanding its CABNAB progrnmme to other London Boroughs with the continued support of the MetropoliLan Police. NASSA will also continue to work with the Metropolitan Police on its community programmes. A potential change to a new name for the organisation would remove the perception that NASSA and CABNAB are solely relevant to th¢ Borough of Newham. In the meantime, NASSA will continue to foster relationships within the seats of power, including the London Assembly. NASSA will continue to ask its young people what they wanL whether that be a return to National League basketball competitions or to carry on playing in less competitive, more recreational local leagues. The future direction will be entirely guided by the NASSA young people.
Newham All Star Sports Academy Report of the Trustees for the year ended 30 September 2024 NASSA hopes to find fijrther funding to continue the roll-out of NASSA'S Junior Coaches Programme initiative. The qualifications gained by the young people on the proamMe enhance their employability and establish a pathway from the basketball court into work. It is hoped that this cohort of young coaches will become the next geneTation of community Sports coaches in east London. Partnerships with bodies such as Sport Englan¢ Basketball England, UEL and the London Borough of Newham WRII be reinforced to secure funding to establish projects to benefit the community. NASSA will ensure that tUre fLmding bids include opportunities for young people to gain more and vaTied qualifications, such as in First Aid. These will benefit not only them. but also the communities in which they live. Established partnerships will be reviewed and strengthened to ensure that NASSA has the opportunity to be the leader in the delivery of effective, quality basketball coaching in east London and across the capital. NASSA is always looking to establish new partnersl]ips and Chief Executive Natasha Hart has put in much work to improve and enhance NASSA'S links with local hotels in the Stratford and Royal Docks areas. NASSA will continue to run its successful holiday pMamMeS to introduce basketball to more young p¢ople in east London and to attract new players to the NASSA club prograrnme. To this end, it will continue to search for new funding each year. If noL it will revert to the self-funding model it h&s used in the past if new funding for these programmes cannot be sourced. The Chair of the Board and the Trustees will be responsible for securing further funding from a number of cory)orate an(Vor local authority sources. Further capitsl will be sought to progress the development of NASSA and its activities. Financial Review The Charity had total Income £342,754 and total Expenditure £339.7267 Total funds carried forward for the next year £10,335. The charity's income and expenses are presented in page no I l &12. PIca5¢ s¢c above in 'Achievcm¢nts and Successes of 2023-24 for a $CIfiC review of NA88A's fundraising activity. Reserves Building reserves supports NASSA'S overnll development and is an integral part of our financial planning. NASSA needs reserves in order to Meet contractual liabilities should the organisation have to close. Meet unexpect¢d costs like staff cover re illness, maternity leave, parental leave and legal costs def¢nding the charity's interest. Replace equipment as it wears out. Ensure that the charity can continue to provide stable and quality services to those who need them.
Newham All star Sports Academy Report of the Trustees for the year ended 30 September 2024 Adhere to funding agreements. A policy on reserves for NASSA was agreed at the NASSA Trustees Meeting in December 2023. NASSA has set a reserves policy which requires reserves to be maintained at a level of £20,000 for its financial year ending in September 2024. Future Plan In spite of limited resources and uncertainty over funding. NASSA continues to develop its coaching programme and to use the power of basketball to develop programmes for the benefit of local young people. It also continues to enhance the quality and impact of the mentoring support it gives to local disadvantaged young people. It has a comprehensive business plan to ensure further growth of its services. Reference and Administrative Inforniation The Trustees, who are also Directors, served during the year ended 30 September 2024: Tamara Egorova (ChairDirector) Munza Nasim (SecretarylDirector) Mohammed Usman (Tre&surerlDirector) Nicola Campbell (TnLStee/Director) Association Office: Tate&Lyle Sugars Limited Factory Road, Silvertown London E16 2EW Bankers: HSBC Bank PLC 118 High Street North East Ham London E6 2XH Inde endent Examiners: Glory Community Accounting Services 318 Barking Road London E13 8HL
Newham All Stsr Sports Academy Report of the Trustees for the year ended 30 September 2024 Structure Governance and Mana ement Governin Documents Newham All Star Sports Academy (NASSA) is a company lin]ited by guarantee with no share capital. NASSA started in March 2005 as a voluntary sector organisation. The company is governed by its Memorandum and Articles of Association dated 26 April 2006. It is registered as a charity with the ChaTity Commission. All dlrectors are members of the company and they may invite such other persons, as th¢y deem fit, to become members of the company. ointment of Trustees As set out in the Articles of Association the chair of the company is appointed by the directors. The directors detern]ine how long the chair will hold office. The directors retire by rotation and are eligible for reappointment. At any time, the directots may nominate any person as a director either to fill a casual vacancy or by way of addition to their number. Trustee Induction and Trainin All new Trustees are required to attend an orientation day to develop th¢ir understanding and knowledge of. their legal obligations under the charity and company law, the content of the Memorandum and Articles of Association, the decision-making processes and Tecent financial perfonnance of the charity. All trustees are encouraged to attend appropriate external training events where this will facilitat¢ the undertaking of their role. External Risk The main external risk of the Charity is funding withdrawal. Internal Risk: The charity is able to minimise internal risks by the implementation of procedures for authorisation of all transactions and projects and to ensure consistent quality of service for all operational aspects of the charitable company. The procedures are regularly review by the Board of Trustees to meet the needs of the charity. Inde endent Examiner: A resolution Passed in the Annual CTeneral Meeting will be to appoint Glory Community Accounting Services to act as an Independent Examiner and it is approved by the Trustees. Res onsibilities of the Trustees - Company law requires the Trustees to prepare a fmancial statement for each financial year. The statement must report on the state of the affairs of the charitable company at the balance sheet date, and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing these financial ststements, the trustees should follow best practice and: Select suitable accounting and then apply them consistently Make judgements and estimates that are reasonable and prudent" and
Newham All Star Sports Academy Report of the Trustees for the year ended 30 September 2024 Prepare the financial statements on the going concern basis unless it is inappropriate to assume that the company will continue on that basis The Tntstees are responsible for maintaining proper accounting records which disclose with reasonable accuracy, at any time, the financial position of the charitable company. They are also required to ensure that the financial statements comply with the Companies Act 1985. The Trustees are responsible for safeguarding the assets of the charitable company and are required to take reasonable steps in the prevention and detection of fraud and other irregularities. The Trustees are directors for the purpose of company law and Trustees for the purpose of charity law, who served during the year and up to the date of this report. In the case of each Trnstee: So far as the Trustees are aware. there is no relevant audit inforniation of which the company's auditors are unaware" As the directors of the company, we have taken all the steps that we ought to have taken in order to make ourselves aware of any relevant audit inforniation and to establish that the charity's auditors are aware of that infomHtion. This Report has been prepared in accordance with the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Approved by the Trustees and signed on their behalf by: Tamara Egorova (Dir¢ctor /Chair) .. Date.... /JiJ
Independent Examiners Report to the Members of Newham All Star Sports Academy (NASSA) I report on the attach¢d Financial Statem¢nts for the y¢ar ended 30 September 2024, which are set on pages l I to 17 and have been prepared on an acenl basis. Respective responsibilities of Management Committee and Examiner. The trnste¢s (who are also the directors of the company for the purposes of company law) ar¢ responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of th¢ Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to: examine the accounts under section 145 of the Charities ACL to follow the procedur¢s laid down in th¢ g¢nerdl directions given by the Charity Commission under section 145(5)(b) of the Charities ACL and to state whether particular matters have come to my attention. Basis of Independent EIaminer's Statement: My examination was carri¢d 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 present¢d with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audiL 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 Examiner's Statement: In connection with my examination, no matter has come to my attention to Indite that: accounting records have not been kept in accordance with section 386 of the Companies Act 2006 the accounts do not accord with such records whcrc accounts ar¢ prepared on on accrual bosis, whether they fail to comply with relevant accounting requirements under sKtion 396 of the Companies Act 2006, or ar¢ not consistent and with the Charities SORP (FRS102) any matter which the examiner believes should be drawn to the attention of the reader to gain a proper understanding of the accounts. Hasina Jahan (DFT, M Com, MAAT. MBA) Glory Community Accounting Services 318 Barking Road Plaistow London E13 8HL Gkwy Commlllity Actollntillg Services 318 Barking Road Hiistow lJ)nd E13 8HL Eyate: 191081 >5 10
Newham All Star Sports Academy Statement of Financial Activities For the Year ended 30 September 2024 Income and Expenditure Notes Unrestricted Restricted Tot*l Totsl Funds Funds Funds Funds 2024 2024 2024 2023 Income Income from Charitable Activities 88,835 247,583 336,418 381,074 Income from other activities 6241 6.241 22,870 Investment Income (Bank Interest) Total Income 95 95 95,171 247,583 342,754 403,944 enditure Expenditure on Charitable activitie¢ Total Expenditure Net Income / (Expenditure) Fund brought forward Total Funds carried forward 94,541 245,186 245,186 339.727 399,623 399,623 94,541 339,727 630 2.397 3,027 7.308 4,321 (17,209) (16579) 24,517 26,914 2,987 7J08 IOJ35 The Company's Income and Expenditures all relate to continuing activities. Movements in reserves and all reCOlSed gains and losses are shown above. 11
Newham All Star Sports Academy Balance Sheet as at 30 September 2024 Iyotes 2024 2023 Total Total Fixed Assets Tangible Assets Current Assets Cash at Bank 11,885 8,608 Accruals & Prepayment Current Liabilities Creditors and Accruals (1,550) (1,300) (amount falling due within one year) Net Current Assets 10,335 7,308 Net Assets IOJ35 7J08 Funds and Reserves Unrestricted Funds (16,579) 26,914 (17.210) 24.518 Restricted Funds Total Funds IOJ35 7J08 For the y¢ar ¢nded 30 September 2024 the Company was entitled to exemption from audit und¢r section 477 of the Compankes A¢t 2006 rclatins to small ¢ompanics. Dlrector's responsibilitfi: - the members have not required the Company to obtain an audit in accordance with section 476 of the Companies Act 2006. - the directors ackowledge their responsibilities for complying with the requirements of the Act with r¢sp¢ct to accounting r¢cords and the preparation of accounts. - these accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies, regim¢. Approved by the Board of Directors, and signed on behalf by: amara Egorova - Director I Chair) Date.... 12
Newham All Star Sports Academy Notes of the Statement of Financial Activities For the year ended 30 September 2024 l. Accounting Policies (a) Forniat of the Financial Statements The financial statements have been prepared in accordance with 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 l January 2019). The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. The Financial statements have been prepared under the historical cost or transaction value unless otherwise stated in the relevant accounting policy or note. Company without further specified pUoSe and are available as general fids. (b) Unresrticted Funds Unrestricted funds are voluntary income which are grants and Bank interest receivable or generated for the objects of the Company without further specÉfied purpose.The charity should hold unrestricted reserves in order to ensure that the charity can continue to operate and meet the needs of clients in the event of unforseen and potentially financially circumstances that tnay arise. (c) R¢stricted Funds Voluntary income grants are reCOliSed in the Statement of Financial Activities in the year received. Restricted fund can not be used for the general purpose of the charity.Their existence and the sums of money therin,do not imply to there has been an underspent but may result from a variety of ckrcurnstances including timÉng differences between the charity's financial year and the funding year of the project concerned. (d) Designated Funds Designeted funds used for the following purposes: Equipment-a reserve to ensure that there is sufficient money to replace equipment when it becomes obsolete or beyond economic repair. Contractual Commitment-a reserve to ensure that the charity is able to cover contracted payments to staff such as redundancy,provision of locum maternity cover and the costs of any disciplinary and/or grievance procedures which may arise. Premises - a reserve to provide for the cost of relocating to new premises if larger premises are deemed necessary.Added Value to Project Delivery- a r¢serve to add valu¢ to projects that we deliver on behalf of the community in fLwtherance of our projects. 13
Newham All Star Sports Academy Notes of the Statement of Financial Activities For the year ended 30 September 2024 (d) Income recognition All income is Kcognised once the charity has entitlement to the income, there is sufficient certainty or receipt and so it is probable that the income will be received, and the amount of income receivable can be measured reliably. (e) Expenditure recognition Expenditure are recognised as soon as there is a Icgal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably. All expenditurc is accounted for on an accruals basis. All expenses, including support costs and governance costs, are allocated or apportioned to the applicable expenditure headings in the statement of financial activities. (D Allocation of support and governance costs Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Governance costs comprise all costs involving the public accountability of the charity and Éts compliance with regulation and good practice. (g) Charitable activitxes The expenditure on charitable activities includes grants made, governance costs and of support costs &s shown in note. (b) Pensions Employees of the charity are entitled to join a work place pension scheme which is funded by contributions from employe.e. And employer or alternatively they rnay have opted to join the group money purchase defined contribution pension scheme. (i) Corporation Taxation The chlty is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitsble objects. li) Tangible Fixed Assets Depreciation is calculated under straight line method over a period of 4 years and is charged at 25 % per annum on cost. 14
Newham All Star Sports Academy Notes of the Statement of Financial Activities For the year ended 30 September 2024 2024 Unrestricted Fund 2024 Restricted Fund 2024 2023 Total Total 2. Income from Charitable Activities Tate & Lyle Jack Petchey Greater London Authority Excel Royal Docks Trust Main Grants Beyond Sport Berkeley Foundation London Borough of Newham Hotels Mercers Trust MoLaren Cons London Community Foundation 14,500 14,500 5,400 35,924 10,000 18,690 62.784 8,634 19,000 16,575 7,700 62,766 10.000 i 0,000 1.285 12,250 4.000 12.000 20,000 2,500 2,410 11,230 8,400 61.095 10,000 31,457 55,410 17,267 15,000 10.380 6,500 62,766 5.400 35.924 10,000 18,690 62,784 8.634 19,000 8,135 8,MO 7.700 62,766 10,000 10,000 L&Q Lottery Fund Aspers TCSDE Trnst Bugler develop London City Airport Membership Fee & Subscription Eco Trust GILL HOLMES VRU Violance Reduction VRU Advice Confirni Clwity Lendlease Peter Harrison Foundation London Community Foundation Total 1.285 12,250 4,000 12,000 20,000 2.500 2,410 2,620 1,275 10,000 43,360 15.114 1.200 15,000 3,000 381,074 88,835 247,583 336,418 3. Income from oth¢r activities 2024 2024 Unrestricted Restricted Fund Fund 2024 2023 Total Total Income from Schools Just Giving Donation l Other Income Mayfield School Total 2.104 18 4,119 2.104 18 4,119 2.200 183 5,687 14,800 22,870 6241 6241 15
Newham All Star Sports Academy Notes of the Statement of Financial Activities For the year ended 30 September 2024 2024 2024 Unrestricted Restricted Fund Fund 2024 2023 Total Total 4.Expenditure on Charitable activities CoachÉng Fee Facility Hire Basketball Fee Heat & Light Postage / Printing I Stationery Telephone I Internet I Website Small Equipment Uniforni Expenses Volunteer Expenses Publicity Mentoring Insurance Registration fee Support & Governance Costs (Notes 5) Sessional Adrnin worker Travel expenses Refreshments Training Just giving Donation Trophies and Medals Bank charges Sundry Expenses Total 21.099 75.150 38.636 34.669 96,249 38.636 42,011 990 554 430 3,875 4.321 2.723 1,123 73,150 2,840 1,260 46,597 15,200 3,516 2.522 3,200 36 306 148 40 339,727 99,993 38,050 65,189 356 981 420 6,751 7.849 2,246 203 109,350 1,840 3,690 38,637 14,970 3,171 2,274 2,840 216 373 7.342 990 554 430 2,589 4,321 2,723 1.123 57.713 2.840 1,286 15,437 1260 46,597 15,200 3,516 2,522 3.200 36 306 148 40 94,541 245,186 399,623 16
Newham All Star Sports Academy Notes of the Statement of Financial Activities For the year ended 30 September 2024 2024 Unrestricted Fund 2024 Restricted Fund 2024 2023 Totsl Totsl 5.Support & Governance Costs Staff costs Accountancy Fee Payroll charges Bookkeeping expenses Consultancy Legal fee Total 28,911 28,911 1,400 590 1,580 14,103 13 46,597 18,151 1,300 856 1,830 16,487 13 38,637 1,400 590 1,580 14.103 13 17,686 28,911 2024 2024 Unrestricted Restricted Fund Fund 2024 2023 Total Total 6.Creditor & Accruals Payroll ¢xpeenses Accountancy Fee Total 150 1,400 1,550 150 1,400 1,550 1,300 1,300 17