## **MIGHTY MEN OF VALOUR (MMOV)**
# **ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED**
31ST JULY 2022
Registered Address: Cornerstone House, 14 Willis Road, Croydon, CR0 2XX. REGISTERED CHARITY NO: 1128154 REGISTERED COMPANY LIMITED BY GUARANTEE NO: 05515628 Mighty Men of Valour is a registered Charity REGISTRATION NO: 1128154
## **Mighty Men of Valour Charitable Objectives:**
- To relieve the needs of men with a view to improving their conditions of life.
- To advance education and relieve need and unemployment of men, women, and young people by providing support, education and training.
- To preserve and protect public health.
- To advance the mental and moral development and improvement of boys, young men, exoffenders, those affected by drugs or those experiencing economic or social disadvantage.
- To advance in life and relieve needs of young people, through providing support and activities which develop their skills, capacities and capabilities to enable them to participate in society as mature and responsible individuals.
- To promote equality and diversity and good relations between persons of different racial groups in society, so that the beneficiaries are able to realise their full potential, help meet their needs and to participate more fully in society.
Mighty Men of Valour (MMOV) was established in 2002 and became a registered Charity on 19th February 2009 - Charity Number: 1128154
Our focus is to transform the lives of men for a better future by challenging negative stereotypes of men in the UK and well as promote good moral values and education, training, employability, and parental life skills for all men.
## **Twenty Years’ Service as unincorporated association.**
We have now completed years’ service from our initial creation of MMOV in 2002 as an unincorporated association, 18 years as company and 14 years as a Charity.
## **Impact of Covid19**
We are still suffering from the impact of Covid19 with regards to staffing, service delivery and new and existing projects. We hope that this changes this year, amidst of the increase costs for staff and deduction of cuts to services.
## **Mentoring Support:**
We have extended our Mentoring and Care Support to include young women, Children with Disabilities (CWD) and Adults providing Respite to families. We plan that Valour Youth and Adult Services CIC will start to take on some of these areas of work in schools and with children and MMOV will take on direct work with young men and males.
## **Valour Youth and Wonderful Women of Valour (WWOV) projects:**
Our aim for 2020-2022 is to develop and expand our current programmes which seems to a real impact in the lives of the children and parents that we work with.
## **Registration with the Care Quantity Commission CQC**
We hope to register with the Care Quantity Commission CQC by the end of 2023 and continue to provide support not only for children, young people with disabilities and care respite support, but we hope to expend our support to adults.
We would like to thank God, our Trustee/Directors, Staff, volunteers, the community, sponsors, contributors, and friend of MMOV for their continued support over this year.
Thank you for your support over this year.
Pastor Frederick Clarke – CEO MMOV
Registered Company Number: 05515628
Registered Charity Number: 1128154
**MIGHTY MEN OF VALOUR A COMPANY LIMITED BY GUARANTEE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2022**
BizNav, Chartered Accountants 36 Scotts Road Bromley Kent BR1 3QD
## **Mighty Men Of Valour Directors' Report and Financial Statements For The Year Ended 31 July 2022**
## **Contents**
||**Page**|
|---|---|
|Company Information|1|
|Directors' Report|2|
|Report of the Independent Examiner|3|
|Surplus and Deficit Account|4|
|Balance Sheet|5|
|Notes to the Financial Statements|6—7|
|Schedule of Resources Expended|8|
**Mighty Men Of Valour Company Information For The Year Ended 31 July 2022**
|**Directors**|Mr Frederick Clarke|
|---|---|
||Mr Michael Forrest|
||Mr Lee Townsend|
||Mr Maxine Benjamin|
||Mr Anton Richards|
|**Company Number**|05515628|
|**Registered Office**|PO Box 1417|
||Cornerstone House|
||14 Willis Road, Croydon|
||CR0 2XX|
|**Independent Examiners**|Biznav, Chartered Accountants|
||36 Scotts Road|
||Bromley|
||BR1 3QD|
|**Bankers**|Barclays|
||1 Churchill Place|
||London|
||E14 5HP|
Page 1
## **Mighty Men Of Valour Company No. 05515628 Directors' Report For The Year Ended 31 July 2022**
The directors present their report and the financial statements for the year ended 31 July 2022.
## **Statement of Directors' Responsibilities**
The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors 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 the profit or loss of the company for that period. In preparing the financial statements the directors are required to:
- select suitable accounting policies and then apply them consistently;
- make judgments and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors 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 and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **Directors**
The directors who held office during the year were as follows: Mr Frederick Clarke Mr Michael Forrest Mr Lee Townsend Mr Maxine Benjamin Mr Anton Richards
## **Political and Charitable Donations**
Political and charitable donations were £348.75.
## **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.
On behalf of the board
## Frederick Clarke
Mr Frederick Clarke
Director
16/03/2023
Page 2
## **Mighty Men Of Valour Accountants' Report For The Year Ended 31 July 2022**
I report on the accounts of the Charity for the year ended 31 July 2022, which are set out on pages 5 to 9.
## **Respective responsibilities of directors and examiner**
1. The charity’s directors are responsible for the preparation of the accounts. The charity’s directors 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.
2. Having satisfied myself that an audit is not required, it is my responsibility to:
- examine the accounts under section 145 of the 2011 Act;
- to follow the procedures laid down in the general Directions given by the Charity Commission under section145(5)(b) of the 2011 Act; and
- to state whether particular matters have come to my attention.
## **Basis of independent examiner’s report**
My examination was carried out in accordance with the 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 directors concerning any such matters. The procedures undertaken do not provide allthe 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 examiner’s statement**
In connection with my examination, no matter has come to my attention:
1. which gives me reasonable cause to believe that in any material respect the requirements: to keep accounting records in accordance with section 130 of the 2011 Act; and
- to prepare accounts which accord with accounting records and comply with the accounting requirements ofthe 2011 Act, and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities, have not been met; or
1. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to bereached.
**Name** Shahzad Fayyaz
**Organisation** BizNav, Chartered Accountants
**Relevant professional qualification or body** Association of Chartered Certified Accountants **Address** 36 Scotts Road, Bromley, Kent, England, BR1 3QD **Date** 10 March 2023
Signed
Biznav
## **BizNav Chartered Accountants**
16/03/2023
Biznav, Chartered Accountants 36 Scotts Road Bromley BR1 3QD
Page 3
## **Mighty Men Of Valour Profit and Loss Account For The Year Ended 31 July 2022**
|**Notes**
**TURNOVER**
**GROSS PROFIT**
Administrative expenses
Other operating income
**OPERATING (LOSS)/PROFIT**
**2**
Other interest receivable and similar income
**(LOSS)/PROFIT FOR THE FINANCIAL YEAR**|**2022**
**£**
292,483
292,483
(310,030)
870
(16,677)
19
(16,658)|**2021**
**£**
301,791|
|---|---|---|
|||301,791
(334,419)
45,517|
|||12,889
47|
|||12,936|
The notes on pages 6 to 7 form part of these financial statements.
Page 4
## **Mighty Men Of Valour Balance Sheet As at 31 July 2022**
|**Notes**
**FIXED ASSETS**
Tangible Assets
**4**
**CURRENT ASSETS**
Debtors
**5**
Cash at bank and in hand
**Creditors: Amounts Falling Due Within**
**One Year**
**6**
**NET CURRENT ASSETS (LIABILITIES)**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
Profit and Loss Account
**SHAREHOLDERS' FUNDS**|**2022**
**£**
**£**
647
647
72,477
57,618
130,095
(37,491)
92,604
93,251
93,251
93,251
93,251|**2022**
**£**
**£**
647
647
72,477
57,618
130,095
(37,491)
92,604
93,251
93,251
93,251
93,251|**2021**
**£**
**£**
938
938
24,919
176,043
200,962
(91,991)
108,971
109,909
109,909
109,909
109,909|**2021**
**£**
**£**
938
938
24,919
176,043
200,962
(91,991)
108,971
109,909
109,909
109,909
109,909|
|---|---|---|---|---|
|||647
92,604||938
108,971|
||130,095
(37,491)||200,962
(91,991)||
||||||
|||93,251||109,909|
|||93,251||109,909|
|||93,251||109,909|
|||93,251||109,909|
For the year ending 31 July 2022 the 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 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.
On behalf of the board
## Frederick Clarke
Mr Frederick Clarke
Director
16/03/2023
The notes on pages 6 to 7 form part of these financial statements.
Page 5
## **Mighty Men Of Valour Notes to the Financial Statements For The Year Ended 31 July 2022**
## 1. **Accounting Policies**
## 1.1. **Basis of Preparation of Financial Statements**
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
## 1.2. **Turnover**
Turnover shown in the surplus and deficit account represents amounts received which are wholly attributable to the company’s main activities during the year.
## 1.3. **Tangible Fixed Assets and Depreciation**
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer Equipment
33% Straight Line
## 1.4. **Taxation**
The company is a registered Charity and is not liable to taxation on non-trade income.
## 2. **Operating Loss**
The operating loss is stated after charging:
||**2022**|**2021**|
|---|---|---|
||**£**|**£**|
|Depreciation of tangible fixed assets|291|1,556|
## 3. **Average Number of Employees**
Average number of employees, including directors, during the year were 70 (2021: 38)
## 4. **Tangible Assets**
|**Cost**
As at 1 August 2021
As at 31 July 2022
**Depreciation**
As at 1 August 2021
Provided during the period
As at 31 July 2022
**Net Book Value**
As at 31 July 2022
As at 1 August 2021|**Computer**
**Equipment**
**£**
6,062|
|---|---|
||6,062|
||5,124
291|
||5,415|
||647|
||938|
Page 6
## **Mighty Men Of Valour Notes to the Financial Statements (continued) For The Year Ended 31 July 2022**
## 5. **Debtors**
|.
**Debtors**||||||
|---|---|---|---|---|---|
|||||**2022**|**2021**|
|||||**£**|**£**|
|**Due within one year**||||||
|Trade debtors||||46,105|22,849|
|Other debtors||||22,000|2,070|
|Other taxes and social security||||4,372|-|
|||||72,477|24,919|
|.
**Creditors: Amounts Falling Due**|**Within One Year**|||||
|||||**2022**|**2021**|
|||||**£**|**£**|
|Trade creditors||||936|625|
|Other taxes and social security||||-|790|
|Net wages||||2,521|6,258|
|Other creditors||||270|-|
|Accruals & deferred income||||33,668|83,577|
|Pension payable||||96|741|
|||||37,491|91,991|
|**7. Analysis of Charitable Funds**|**Funds**|**Incoming**|**Resources**||**Funds**|
||**brought forward**|**resources**|**expended**||**carried forward**|
||109,909|293,371|310,029||93,251|
## 6. **Creditors: Amounts Falling Due Within One Year**
## 8 . **General Information**
Mighty Men Of Valour is a private company, limited by guarantee, incorporated in England & Wales, registered number 05515628 and registered charity number 1128154. The registered office is PO Box 1417, Cornerstone House, 14 Willis Road, Croydon, CR0 2XX.
Page 7
**Mighty Men Of Valour Trading Profit and Loss Account For The Year Ended 31 July 2022**
|**TURNOVER**
Sales
**GROSS PROFIT**
**Administrative Expenses**
Wages and salaries
Employers NI
Employers pensions - defined contributions scheme
Staff training
Travel and subsistence expenses
Rent
Admin, Support Work & Mentoring Support
General Expenses
Computer and IT consumables
Insurance
Printing, postage and stationery
Advertising and marketing costs
Telecommunications and data costs
Accountancy fees
Consultancy fees
Bank charges
Charitable donations
Depreciation of computer equipment
**Other Operating Income**
Other income - contributing to other operating income
**OPERATING (LOSS)/PROFIT**
**Other interest receivable and similar income**
Bank interest receivable
**(LOSS)/PROFIT FOR THE FINANCIAL YEAR**|**2022**
**£**
**£**
292,483
292,483
192,352
2,293
1,984
3,813
1,324
8,120
33,929
1,315
4,078
1,568
1,245
3,335
2,318
2,352
49,250
114
349
291
(310,030)
870
870
(16,677)
19
19
(16,658)|**2022**
**£**
**£**
292,483
292,483
192,352
2,293
1,984
3,813
1,324
8,120
33,929
1,315
4,078
1,568
1,245
3,335
2,318
2,352
49,250
114
349
291
(310,030)
870
870
(16,677)
19
19
(16,658)|**2021**
**£**
**£**
301,791
301,791
222,151
802
1,344
793
2,103
7,865
48,785
901
2,966
1,397
1,121
-
1,499
3,048
36,749
89
1,250
1,556
(334,419)
45,517
45,517
12,889
47
47
12,936|**2021**
**£**
**£**
301,791
301,791
222,151
802
1,344
793
2,103
7,865
48,785
901
2,966
1,397
1,121
-
1,499
3,048
36,749
89
1,250
1,556
(334,419)
45,517
45,517
12,889
47
47
12,936|
|---|---|---|---|---|
||870||45,517||
||19||47||
|||(16,677)
19||12,889
47|
||||||
|||(16,658)||12,936|
## Biznav Chartered Accountants
**Signature:** Biznav Chartered Accountants (Apr 13, 2023 16:12 GMT+1)
**Email:** bromley@biznavca.co.uk
Frederick Clarke **Signature:**
Frederick Clarke (Apr 13, 2023 16:16 GMT+1)
**Email:** mightymenofvalour@live.co.uk
Page 8
## Mighty Men of Valour 31 July 2022 - Full Financial Statements
Final Audit Report
2023-04-13
Created: 2023-04-13 By: Biznav Chartered Accountants (bromley@biznavca.co.uk) Status: Signed Transaction ID: CBJCHBCAABAAEvO_IdLp9F_s1Dsiea1LbliJd4Mn3INq
## "Mighty Men of Valour 31 July 2022 - Full Financial Statements" History
Document created by Biznav Chartered Accountants (bromley@biznavca.co.uk)
2023-04-13 - 15:11:00 GMT- IP address: 109.73.121.1
Document e-signed by Biznav Chartered Accountants (bromley@biznavca.co.uk)
Signature Date: 2023-04-13 - 15:12:28 GMT - Time Source: server- IP address: 109.73.121.1
Document emailed to mightymenofvalour@live.co.uk for signature
2023-04-13 - 15:12:30 GMT
Email viewed by mightymenofvalour@live.co.uk
2023-04-13 - 15:15:06 GMT- IP address: 104.47.21.254
- Signer mightymenofvalour@live.co.uk entered name at signing as Frederick Clarke 2023-04-13 - 15:16:32 GMT- IP address: 81.134.75.75
Document e-signed by Frederick Clarke (mightymenofvalour@live.co.uk)
Signature Date: 2023-04-13 - 15:16:34 GMT - Time Source: server- IP address: 81.134.75.75
Agreement completed. 2023-04-13 - 15:16:34 GMT
Names and email addresses are entered into the Acrobat Sign service by Acrobat Sign users and are unverified unless otherwise noted.
Registered Company Number: 05515628
Registered Charity Number: 1128154
**MIGHTY MEN OF VALOUR A COMPANY LIMITED BY GUARANTEE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2022**
BizNav, Chartered Accountants 36 Scotts Road Bromley Kent BR1 3QD
## **Mighty Men Of Valour Directors' Report and Financial Statements For The Year Ended 31 July 2022**
## **Contents**
||**Page**|
|---|---|
|Company Information|1|
|Directors' Report|2|
|Report of the Independent Examiner|3|
|Surplus and Deficit Account|4|
|Balance Sheet|5|
|Notes to the Financial Statements|6—7|
|Schedule of Resources Expended|8|
**Mighty Men Of Valour Company Information For The Year Ended 31 July 2022**
|**Directors**|Mr Frederick Clarke|
|---|---|
||Mr Michael Forrest|
||Mr Lee Townsend|
||Mr Maxine Benjamin|
||Mr Anton Richards|
|**Company Number**|05515628|
|**Registered Office**|PO Box 1417|
||Cornerstone House|
||14 Willis Road, Croydon|
||CR0 2XX|
|**Independent Examiners**|Biznav, Chartered Accountants|
||36 Scotts Road|
||Bromley|
||BR1 3QD|
|**Bankers**|Barclays|
||1 Churchill Place|
||London|
||E14 5HP|
Page 1
## **Mighty Men Of Valour Company No. 05515628 Directors' Report For The Year Ended 31 July 2022**
The directors present their report and the financial statements for the year ended 31 July 2022.
## **Statement of Directors' Responsibilities**
The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors 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 the profit or loss of the company for that period. In preparing the financial statements the directors are required to:
- select suitable accounting policies and then apply them consistently;
- make judgments and accounting estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors 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 and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **Directors**
The directors who held office during the year were as follows: Mr Frederick Clarke Mr Michael Forrest Mr Lee Townsend Mr Maxine Benjamin Mr Anton Richards
## **Political and Charitable Donations**
Political and charitable donations were £348.75.
## **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.
On behalf of the board
## Frederick Clarke
Mr Frederick Clarke
Director
16/03/2023
Page 2
## **Mighty Men Of Valour Accountants' Report For The Year Ended 31 July 2022**
I report on the accounts of the Charity for the year ended 31 July 2022, which are set out on pages 5 to 9.
## **Respective responsibilities of directors and examiner**
1. The charity’s directors are responsible for the preparation of the accounts. The charity’s directors 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.
2. Having satisfied myself that an audit is not required, it is my responsibility to:
- examine the accounts under section 145 of the 2011 Act;
- to follow the procedures laid down in the general Directions given by the Charity Commission under section145(5)(b) of the 2011 Act; and
- to state whether particular matters have come to my attention.
## **Basis of independent examiner’s report**
My examination was carried out in accordance with the 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 directors concerning any such matters. The procedures undertaken do not provide allthe 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 examiner’s statement**
In connection with my examination, no matter has come to my attention:
1. which gives me reasonable cause to believe that in any material respect the requirements: to keep accounting records in accordance with section 130 of the 2011 Act; and
- to prepare accounts which accord with accounting records and comply with the accounting requirements ofthe 2011 Act, and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities, have not been met; or
1. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to bereached.
**Name** Shahzad Fayyaz
**Organisation** BizNav, Chartered Accountants
**Relevant professional qualification or body** Association of Chartered Certified Accountants **Address** 36 Scotts Road, Bromley, Kent, England, BR1 3QD **Date** 10 March 2023
Signed
Biznav
## **BizNav Chartered Accountants**
16/03/2023
Biznav, Chartered Accountants 36 Scotts Road Bromley BR1 3QD
Page 3
## **Mighty Men Of Valour Profit and Loss Account For The Year Ended 31 July 2022**
|**Notes**
**TURNOVER**
**GROSS PROFIT**
Administrative expenses
Other operating income
**OPERATING (LOSS)/PROFIT**
**2**
Other interest receivable and similar income
**(LOSS)/PROFIT FOR THE FINANCIAL YEAR**|**2022**
**£**
292,483
292,483
(310,030)
870
(16,677)
19
(16,658)|**2021**
**£**
301,791|
|---|---|---|
|||301,791
(334,419)
45,517|
|||12,889
47|
|||12,936|
The notes on pages 6 to 7 form part of these financial statements.
Page 4
## **Mighty Men Of Valour Balance Sheet As at 31 July 2022**
|**Notes**
**FIXED ASSETS**
Tangible Assets
**4**
**CURRENT ASSETS**
Debtors
**5**
Cash at bank and in hand
**Creditors: Amounts Falling Due Within**
**One Year**
**6**
**NET CURRENT ASSETS (LIABILITIES)**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
Profit and Loss Account
**SHAREHOLDERS' FUNDS**|**2022**
**£**
**£**
647
647
72,477
57,618
130,095
(37,491)
92,604
93,251
93,251
93,251
93,251|**2022**
**£**
**£**
647
647
72,477
57,618
130,095
(37,491)
92,604
93,251
93,251
93,251
93,251|**2021**
**£**
**£**
938
938
24,919
176,043
200,962
(91,991)
108,971
109,909
109,909
109,909
109,909|**2021**
**£**
**£**
938
938
24,919
176,043
200,962
(91,991)
108,971
109,909
109,909
109,909
109,909|
|---|---|---|---|---|
|||647
92,604||938
108,971|
||130,095
(37,491)||200,962
(91,991)||
||||||
|||93,251||109,909|
|||93,251||109,909|
|||93,251||109,909|
|||93,251||109,909|
For the year ending 31 July 2022 the 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 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.
On behalf of the board
## Frederick Clarke
Mr Frederick Clarke
Director
16/03/2023
The notes on pages 6 to 7 form part of these financial statements.
Page 5
## **Mighty Men Of Valour Notes to the Financial Statements For The Year Ended 31 July 2022**
## 1. **Accounting Policies**
## 1.1. **Basis of Preparation of Financial Statements**
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
## 1.2. **Turnover**
Turnover shown in the surplus and deficit account represents amounts received which are wholly attributable to the company’s main activities during the year.
## 1.3. **Tangible Fixed Assets and Depreciation**
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer Equipment
33% Straight Line
## 1.4. **Taxation**
The company is a registered Charity and is not liable to taxation on non-trade income.
## 2. **Operating Loss**
The operating loss is stated after charging:
||**2022**|**2021**|
|---|---|---|
||**£**|**£**|
|Depreciation of tangible fixed assets|291|1,556|
## 3. **Average Number of Employees**
Average number of employees, including directors, during the year were 70 (2021: 38)
## 4. **Tangible Assets**
|**Cost**
As at 1 August 2021
As at 31 July 2022
**Depreciation**
As at 1 August 2021
Provided during the period
As at 31 July 2022
**Net Book Value**
As at 31 July 2022
As at 1 August 2021|**Computer**
**Equipment**
**£**
6,062|
|---|---|
||6,062|
||5,124
291|
||5,415|
||647|
||938|
Page 6
## **Mighty Men Of Valour Notes to the Financial Statements (continued) For The Year Ended 31 July 2022**
## 5. **Debtors**
|.
**Debtors**||||||
|---|---|---|---|---|---|
|||||**2022**|**2021**|
|||||**£**|**£**|
|**Due within one year**||||||
|Trade debtors||||46,105|22,849|
|Other debtors||||22,000|2,070|
|Other taxes and social security||||4,372|-|
|||||72,477|24,919|
|.
**Creditors: Amounts Falling Due**|**Within One Year**|||||
|||||**2022**|**2021**|
|||||**£**|**£**|
|Trade creditors||||936|625|
|Other taxes and social security||||-|790|
|Net wages||||2,521|6,258|
|Other creditors||||270|-|
|Accruals & deferred income||||33,668|83,577|
|Pension payable||||96|741|
|||||37,491|91,991|
|**7. Analysis of Charitable Funds**|**Funds**|**Incoming**|**Resources**||**Funds**|
||**brought forward**|**resources**|**expended**||**carried forward**|
||109,909|293,371|310,029||93,251|
## 6. **Creditors: Amounts Falling Due Within One Year**
## 8 . **General Information**
Mighty Men Of Valour is a private company, limited by guarantee, incorporated in England & Wales, registered number 05515628 and registered charity number 1128154. The registered office is PO Box 1417, Cornerstone House, 14 Willis Road, Croydon, CR0 2XX.
Page 7
**Mighty Men Of Valour Trading Profit and Loss Account For The Year Ended 31 July 2022**
|**TURNOVER**
Sales
**GROSS PROFIT**
**Administrative Expenses**
Wages and salaries
Employers NI
Employers pensions - defined contributions scheme
Staff training
Travel and subsistence expenses
Rent
Admin, Support Work & Mentoring Support
General Expenses
Computer and IT consumables
Insurance
Printing, postage and stationery
Advertising and marketing costs
Telecommunications and data costs
Accountancy fees
Consultancy fees
Bank charges
Charitable donations
Depreciation of computer equipment
**Other Operating Income**
Other income - contributing to other operating income
**OPERATING (LOSS)/PROFIT**
**Other interest receivable and similar income**
Bank interest receivable
**(LOSS)/PROFIT FOR THE FINANCIAL YEAR**|**2022**
**£**
**£**
292,483
292,483
192,352
2,293
1,984
3,813
1,324
8,120
33,929
1,315
4,078
1,568
1,245
3,335
2,318
2,352
49,250
114
349
291
(310,030)
870
870
(16,677)
19
19
(16,658)|**2022**
**£**
**£**
292,483
292,483
192,352
2,293
1,984
3,813
1,324
8,120
33,929
1,315
4,078
1,568
1,245
3,335
2,318
2,352
49,250
114
349
291
(310,030)
870
870
(16,677)
19
19
(16,658)|**2021**
**£**
**£**
301,791
301,791
222,151
802
1,344
793
2,103
7,865
48,785
901
2,966
1,397
1,121
-
1,499
3,048
36,749
89
1,250
1,556
(334,419)
45,517
45,517
12,889
47
47
12,936|**2021**
**£**
**£**
301,791
301,791
222,151
802
1,344
793
2,103
7,865
48,785
901
2,966
1,397
1,121
-
1,499
3,048
36,749
89
1,250
1,556
(334,419)
45,517
45,517
12,889
47
47
12,936|
|---|---|---|---|---|
||870||45,517||
||19||47||
|||(16,677)
19||12,889
47|
||||||
|||(16,658)||12,936|
## Biznav Chartered Accountants
**Signature:** Biznav Chartered Accountants (Apr 13, 2023 16:12 GMT+1)
**Email:** bromley@biznavca.co.uk
Frederick Clarke **Signature:**
Frederick Clarke (Apr 13, 2023 16:16 GMT+1)
**Email:** mightymenofvalour@live.co.uk
Page 8
## Mighty Men of Valour 31 July 2022 - Full Financial Statements
Final Audit Report
2023-04-13
Created: 2023-04-13 By: Biznav Chartered Accountants (bromley@biznavca.co.uk) Status: Signed Transaction ID: CBJCHBCAABAAEvO_IdLp9F_s1Dsiea1LbliJd4Mn3INq
## "Mighty Men of Valour 31 July 2022 - Full Financial Statements" History
Document created by Biznav Chartered Accountants (bromley@biznavca.co.uk)
2023-04-13 - 15:11:00 GMT- IP address: 109.73.121.1
Document e-signed by Biznav Chartered Accountants (bromley@biznavca.co.uk)
Signature Date: 2023-04-13 - 15:12:28 GMT - Time Source: server- IP address: 109.73.121.1
Document emailed to mightymenofvalour@live.co.uk for signature
2023-04-13 - 15:12:30 GMT
Email viewed by mightymenofvalour@live.co.uk
2023-04-13 - 15:15:06 GMT- IP address: 104.47.21.254
- Signer mightymenofvalour@live.co.uk entered name at signing as Frederick Clarke 2023-04-13 - 15:16:32 GMT- IP address: 81.134.75.75
Document e-signed by Frederick Clarke (mightymenofvalour@live.co.uk)
Signature Date: 2023-04-13 - 15:16:34 GMT - Time Source: server- IP address: 81.134.75.75
Agreement completed. 2023-04-13 - 15:16:34 GMT
Names and email addresses are entered into the Acrobat Sign service by Acrobat Sign users and are unverified unless otherwise noted.