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← Coventry Asian Sports Federation

2023-12-31-accounts

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Trustees’ Annual Report for the period

From 01/01/2023 to 31/12/2023

Charity name: Coventry Asian Sports Federation

Charity registration number: 1129955

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document		 Para 1.17 To promote sports amongst citizens of Asian
origin, and to encourage multicultural
organisations into participating in sporting
events.
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.		 Para 1.17 and
1.19		 Promotion of kabaddi sports through the
holding of an annual tournament, and by
holding various exhibition matches between
visiting sports teams from around the world.
Providing training to youths in kabaddi, and
encouraging youngsters to join this sport
throughout the year.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit		 Para 1.18 Yes
Achievements and Performance
SORP reference
Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.		 Para 1.20 The charity has continued to promote sports
of an Asian origin in the UK. The annual
kabaddi tournament was held once again in
Coventry, with funds generated through
sponsorships, donations and ticket sales.

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period		 Para 1.21 The charity was in a strong financial position
at the end of December 2023, with its
reserves increasing over the year.
Statement explaining the
policy for holding reserves
stating why they are held		 Para 1.22 Reserves are held only in the short-term,
and are used towards the next tournament
the following year.
Amount of reserves held Para 1.22 £13,077
Reasons for holding zero
reserves		 Para 1.22 Not applicable
Details of fund materially in
deficit		 Para 1.24 Not applicable
Explanation of any
uncertainties about the
charity continuing as a going
concern		 Para 1.23 Not applicable

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document Para 1.25 Constitution adopted 1 February 2009,
amended on 10 June 2015.
How is the charity
constituted?		 Para 1.25 Trust
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees		 Para 1.25 Appointed by existing trustees

Reference and Administrative details

Charity name Coventry Asian Sports Federation
Other name the charity uses
Registered charity number 1129955
Charity’s principal address 16 Barnack Avenue
Coventry
CV3 6LA

Names of the charity trustees who manage the charity

1
2
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10
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20		 Trustee name Office (if any) Dates acted if not for whole
**year **		 Name of person (or body) entitled
to appoint trustee (ifany)
Mr Satnam Singh
Gill
Mr Bhajan Singh
Samra
Mr Shinder Singh
Pahal

– Corporate trustees names of the directors at the date the report was approved Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity Not applicable Name and objects of the charity on whose behalf the assets are held and how this Not applicable falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets Not applicable from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Names and addresses of advisers (Optional information) Names and addresses of advisers (Optional information) Names and addresses of advisers (Optional information)
Type of
adviser
Name
Address
Accountants Sachdev & Co. 5 Albany Road, Earlsdon, Coventry, CV5 6JQ
Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signed on behalf of the charity’s trustees
Signature(s)
Full name(s)
Position (eg Secretary,
Chair, etc)
Date
Bhajan Singh Samra Satnam Singh Gill

Trustee		 Trustee
22 October 2024
22 October 2024

CHARITY COMMISSION FOR ENGLAND AND WALES Coventry Asian Sports Federation Chari Annual Accounts forthe Period No 1129955 01 January 2023 To 31 De￿mber 2023 Section A Statement of financial activities Restri¢tsd income funds Recommended categorles by a¢tivity Unrestricted fund8 Endowment funds Prior year funds Total funds Incoming resources {Note 3) F01 F02 F03 F04 F05 Income and endowments from: Donabons and legsoes Charittsble 8¢bvrt*S 96,997 96.997 36.567 S02 S03 hèrtratting ￿Vi￿8$ IDvestments 15,030 15.030 S04 S05 Stp3rate tnatstial item of Income Other 10,000 SL Total Resources expended {Note 6) Expenditure on: Ra￿1￿9 fvnd5 Charitabk act￿rtIeS S07 112,027 112.027 46.567 68,809 68,809 36,887 Separate rnaterTr￿ item of expen¥e S10 er 811 6,000 74.809 6,000 74,809 1,500 38.387 Total S12 Net incomel(expendtturel before investment gainslllossesl S13 37,218 37,218 8,180 Net 981n￿(lo$sesI ￿ mvestsnems S14 Net ineomellexpendlture) Extraordinary items Transfers between funds Other recognisod gainsl{lossesl: S15 37.218 37,218 8,180 S16 S17 Gairhs and losses ￿ revalL4qlth offixed assetststhectsrity'sowTh use Other gainslllosse51 Net movement In funds S18 S19 S20 37,218 37.218 8.180 Reeoncilffation of funds." Tot81 fvnds browhtforward Total funds carried forward S21 13,216 50,434 13,216 50,434 5,036 13,216 S22

Section B Balance sheet Restricted In¢ome funds Unrestricted funds Endowment Total thFS funds year Total last yvar Fixed assets Intangible assets Tangible assets Heritage assets Investments F01 F02 F03 F04 F05 {Note 151 (Note 14) (Note 16) {Note 17) rotai fixed assets B01 B02 B04 BOS Current assets stocks (Note 181 Debtors (Note 19) Investments (Note 17.4) Cash at bank and in hand (Note 24) Total Current a55ets 807 46,957 46,957 B08 B09 13,077 13,077 13,216 13,216 B10 Creditors: amounts falling due within one year (Note 20) B11 9,600 9,600 Net current assets/(Ilabilities) 812 13,216 Total assets less Current liabilities B13 50,434 50,434 13,216 Creditors: amounts falling due after one year (Note 20) Provisions for liabilities B14 B15 Total net assets or liabilities Funds of the Charity Endowment funds {Note 27) Restricted income funds (Note 27) Unrestricted funds Revaluation reserve 816 50,434 50,434 13,216 B17 818 819 50.434 50,434 13,216 820 Total funds 13,216 Signed by gne or ￿ trustees on behaLf of all the trustees Dale of approval ddlmml Signature Print Name Bha an Sin h Samra Satnam Singh Gill

Section C Notes to the accounts Note 1 Basis of preparation This section should be ￿Mpleted by all charitles. 1.1 Basis of accounting These accounts have been prepared under the historical cost convention with ttems recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been repared in accordance with.. the Statement of Recommended Practice.. Accounting and RepOrt￿g by CharFties preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) issued on 16 July 2014 and with the Charities Act 2011. The charity constitutes a public benefrt entity as defined by FRS 102. 1.2 Going concern If there are material uncertainties related to events or conditions that cast significant doubt on the charitys ability to continue as a going concem. please provide the following details orstate "Not applicable". rf appropriate." An explanation as to those factors that support the conclusion that the charty is a going Gon￿rn., Not applicable Disclosure of any un￿rtaIntieS that make the going con￿rn assumption doubttul., Not applicable Where accounts are not prepared on a going concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concem. Not appli¢able 1.3 Change of accounting policy The accounts present a true and fair view and the accounting policies adopted are those outlined in note {2.2 }. Yes No Please disclose." (i) the nature of the change in a¢¢ounting policy," Not applicable (li) the reasons why applying the new accounting policy pmvides more reliable and more relevant infomiation.. and Not applicable

(Ill) the amount of the adjustment for each line affected in ttje current period, each prior period presented and the aggregate anFount of the adjustment relating to periods before those presented. 3.44 FRS 102 SORP. Not applicable 1.4 Changes to accountlng estimates No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP}. Yes No Please disclose.. (i) the nature of any changes,. Not appll¢able (li) the effect of the ¢hange on income and expense or assets and liabilities for the ¢urrentperiod.' and Not applicable (iii) where practicable. the effect of the change in one or more future period5. Not applicable 1.5 Material prior year errors No material prior year error have been identified in the reporting period13.47 FRS 102 SORP). Yes No Please dls¢lose.' (i) the nature of the priorperlod error.. Not applicable (li) for each priorperiod presented in the accounts, the amount of the correction for each account line item affected,. and Not applicable (iii) the amount of the correction at the beginning of the earliest priorperiod presented in the accounts. Not applicable

Section C Notes to the accounts Icontl Note 2 2.2 INCOME Accounting policies This standardlisl of accountingwlicies h8$ been appliedbythe charityexcepl forthosè iited ND'or"Wa". Where a Nerentora¢tlibonalpolicyhas tse￿ atlopted Ihen this is detsiled in Ihe bo¥ below Recognition of Income These are induded In ts Ststement of Finano81 Acti¥￿eS ISOFAI wheft". the charpty becomes entiied to tre [eSour￿.. it i5 rn0￿ likely than not th8t the trustees ￿11 recenie the re50urces". and the monetary value can be measured with sufficient reliability. Yes Nla Ovtsetting There ha$ been no offseibng of assets 4nd liabl1￿es, or in¢(xne and expenses, unW required or perrnitted by the FRS 102 SORP or FRS 102. Yes No N18 Yes No N18 Grants and donatlons Grants and donatiorts ar8 only induded in the SOFA when the general Inco￿ recognition Criteria are met15.10 to 5.12 FRS102 SORPI. In the case of pèrf0rrnan￿ ￿lated grants. incorne must onty be rec￿nIsed io the extent that the charity has prOV￿ed tt)e specified 9ood$ or Servi￿ as entit￿ment to the grant only oc£urs ￿en the perfo￿anCe related Cond￿"0n$ aE mel15.16 FRS 102 SORPI. Legaaes are induded in tre SOFA wthen ￿￿1p1 is probable, that is, when there has been grant of probate, the executors have establisha that there a￿ suffiryenl assets in the estate and any cOndrt￿n$ attached to the legary are either wthin the Control of the tharity or have been mèL Y6S Nla Legacies Yes Govemment gtants The charity has receNed govemment grants in the reporting perityy Yes GIft￿d r8c8ivabk * uiduded in inrxjme when there B a valtd dedaration from the donor. Any Grfl￿d amount recovered On a donation is conside￿￿ to be part of that gti? ar￿ is tseated as an 8ddib.on to the same fund as the In￿81 rjonab.on unkn the donor or tèms of the appeal have spac￿& othewse. Tax reclaim$ on doF)atyons and glfts Yes No Contractual income and performance related grants es No Nla This 15 onty included in the SOFA0n￿ thè charty has provided the related goods or seTVK£S trr met perfomian¢e teLqtEd Cond￿0￿$. Donated goo(Js are meaSu￿d at frdir value Ilhe amountlorwhich the 8sset u)ukl be exthangedl unless impractical to do so. Yes No Nla Donated 900ts The cost of any 5tLKk of goods 4onated for disknbution to benefickiries ts de0rn8d to te the fair value of those grfts atthe time of their ￿ceipt and they are recOgn￿ed on receipt. In the reporting pericKi in which the stocks are ditributed, they are reeogntsed as an expense at the carrying amount of Ihe stocks at distribution. Donated gooyjs for resale are measured atfair value on initial re￿n￿"On. which ￿ the expected pro(eds from Sale le55 the expected cosis of sale, and recogni8￿ in'lnrxjme from othertrading activstw. with the corresponding stod( reCOgn￿ed in the balance sheet. On its Sa￿ the value of stod( 15 Charg￿ 8galns¢'ln￿me from othertrading activitre$' anrl the proceeds from Sa￿ are 8180 re¢o9nk8ed as'lncome f¥om other trading activitEs'. Yes Nla Yes No Nla Yes Goods donaw for on-going use by the charty a￿ recognised as tangib￿ ffixed assets and induded in the SOFA as Incoming resour￿ when re￿1Vable. No Nla Yes No Gitb in kÈnd for use by the ch8rity are induded in the SOFA as incorne frorn donation5 when r￿Vab￿. Nla Donated 5ervic85 and facilitfies Donated Sem￿ and faalities are induded in th8 SOFAwhen received at the vahje of the gfft to the charity prwded the value of the gift can be measured reliabty. Donated setvKes and faalities that are consurned immediatety are reco9nised as income an equWa￿nt amount recognised as an expense under the appropriate heading in th8 SOFA Yes Nla Yes No Nla Yes Nla Support ¢osts The tharity has incurred expenditure on support costs. Th¢& liali￿ nf rnv vnliinTroN h&ln 1¢ 2rrnink hiit R AacrfiknA Yes

Volunteer help in the trustees. annual report. es 18 Incorne from inter•st, r+)yaltle$ and dlvldonds Thls Included in the accounts when receipt 1$ probable sn¢ the amount receivable can be rn8asured reliab Income from membership Membership subs￿1p￿.0ns re￿Ned in the nature of a gift are recognised in Oonalions sub8¢riptlo nd LegaC￿s. es N18 Membership subs¢riptien$ whi¢h gNèS a mèmber the right to buy services or Olhtr benefits 2re recognBed a8 income earned fr£m the provision of goods and services as income from chariiable aciivib'es. es Yes NKa Settlement of Insurance clalms Insuran¢¢ ¢laim$ a￿ only included in the SOFA when the genoral In¢oft￿ recognition criteria are mel15 10 to 5.12 FRS102 SORPI and are included a5 an ilern of other in￿rne in th8 SOFA. nvestmenl galns and losses Thi$ In¢ludes any wltsed or unrealised gains or losses on the $ale of invesbrents and any gain or loss resulting from revaluing investrnents to mark8t value al the end of the year. Yes No 2.3 EXPENDITURE AND LIABILITIES Liability recognition Liabilitses are recognised where It is more likely than not that there is a legal or constructive obligation committing the chanty to pay out resourr£s and the amount of the obli9ation Can be measured with reasonablo Certainly. Support costs hav8 been allocal8d betsve&n governance costs and other support. Governanc costs comprise all ¢05ts involving publ￿ acwunlability of the charty and 115 compliance with regUlat￿n and good practice. Yes Nla es Govemance and support costs Support costs inclvde central fvnctions and have been alloc4ted lo activity cost ategorie5 on a ba515 consistent with th8 use of resources, eg 311ocaling propety costs by fioor ar8as, or per capita, staff Costs by the timo Spent and Olher costs by meir usage. Yes Nci Nla Grant5 Wlth pertom)anc8 conditions whe￿ Iba charity givss a grant %frilh conditions for ils payrnenl being a $pecifi¢ level of Servi￿ or ouwt lo be prOV￿ed, such grants are only ￿COgniSed in the SoFAonce the rocipienl of the grant has provided the specffied Servi￿ or oulput. es Grants payable withoLrt pertOrnlon¢g ¢ondlllons whe￿ there are no ¢onditiorTr$ attaching to the gr8nl thst enabks the donor charity to re£lislic211y avo￿ the comrniknenl. a liability lorthe fvll funéSng obligath-on must be recognised. Yes Nla R•dund3ney cost The charity made no redundan¢y payments durlng the ￿Port￿n9 period. Yes No Nla Deferred income No material item of deferred Incame has been in¢luded in the a¢¢ounts. Yes No Nla es No Nla Cfedltors The charty has crtditots which STe measured at settlernent amounts kn any Ir8de discounts A liability Is measured on recognib.on at it5 historical cost and then subs8quenlly measured at tha b881 eslmate ot the amount required to settè the obligation at the reporting dale The charity account5 for basic financial Instwmeftis on Initial tets)gnition a5 per paragraph 10 7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19, FRS102 SORP. Provlslons for Ilabllltlès Yes No Nla Basic financial instruments Yes Nla 2.4 ASSETS Tangible fixed assets lor These are capilalKsed rf they G8n be used for mor& than one year. and at least y$e by charlty Nla They are valued at cost. Yes Nla The dePrecKgt￿n rates and methods usecs are dtsclosers in note 9.2 The ¢harily has intangible fixed assets. that Is. non-monetary assets that do not have physir21 Substan￿ bul are idenlifi8b and are controlled by the charity tt)rough ￿StOdY or legal rights. The arnorbsation rates and methods used are disdosed in noie 9 5 Intanglblo flxed ass8ts Yes Nla es They are Valued at C05t Heritage as88ts The charity has heritage assets, that Is. non-monelary assets with historic, artistic, stienirfi¢, l•¢hnological, geophysical or environmental qualities that are held and maintained principally for their contribution to kn￿edge and Culture. The deprecrdtro rates and tne&iod5 U58d a5 disclosed in note 9.6.1.4. Yes No Nla

Yes Nla They are valued at cost Investmetts Fixed asset invesfvnts in quoted shares, traded bonds and similar investments a Valu￿ at Initial￿ at C05t and subsequenUy ¥tfairvaltJe lJ)eir market val￿} st the year end. The $2me treatrnenl i% applEd tc unlisted investrnents unless fair v81ue Cannot be me8sured ￿liablY in whicth case it is mea$ured at cost less impaimient. InveStr￿nts hetd for resale orpending their Sa￿ and cash and cash equIva￿ntsWlth a matuiity date of * Ihan 1 year are treated as cjjrrent asset inve$tr)ents Yes Nla Yes No Nla Stocks and Wofk tn progress Stocks hek1 for as part of non-charilable trade are rne8sU￿d at the lower or cost or net reali%able valLE. Y8S Goods or servi￿$ provhged as part of a charitabje activity ara [r￿asured at nel reall8ab￿ value based on the Serv￿ potential prOV￿ed by Iterns of stock. es Work in pro9￿.$$ is valued at cost tess any foreseeab￿1055 that B likety to occuron the contract Yes No Nla Debtors linduding trade debtor5 and loans re¢LNablel are mÈa$ured on initial recognition at setllement amounl after any trade dis¢ounts or amount advanced by the ch8rty. Subsequentty. they are rneasur￿ at the eash or other ConS￿erat￿)n eypected to be r*ived. The eth2rity ha5 has investments which it holds for resa￿ or pendirrfj their $ale and cash and cash eouwaknts wAh a ma￿rity date than one year. These indude cash on deposit and cash equiv8￿nts with a maturity date of less than one year held for investsnent purposes rats)er than to meet shortterni r2sh commitments as they fall due. Yes No Nla Debtor¥ Current asset investments Yes Nla Yes Nl8 They are Va￿led atfwr ¥a￿e eX￿pt vthere tt)ey qualify as baslc financial instruments. POUCIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE

Section C Notes to the accounts Icontl Note 3 Analysis of:n¢orne Restsi¢ttd ith¢om• lunds Uhrestri¢tsd funds Endowmpnt lund$ Totsl Priorwr Ana sis Donations and legacie$= Donations and GIft￿d acies General grants provid￿ by govemmenvother charits.es Membership subscriptions and sponsorships 71.640 25.357 71.640 36.567 Donated Other oods. facilities and services Totsl 96,997 96.997 36.587 Charitsble activities: Other Total Other trading aetiviti¢$: Kabaddi EventTicket Sales 15,030 Other Totsl 15030 Income from Investments: Inte￿st income Dividend income Rental and le35in Other income Total S8parat• material item of income: Monres Released b Askews LLP 10.000 Total 10.CM)O Other.. Conversion of endowment funds into inwme Gain on disposal of a tsn9iblo fixed assèt hèld wn Gain on disposal oif a prograrnme plate inv Royakn"es from the expEoitsth"on of intelle￿ual ro hts Other Total TOTAL INCOME 112027 112027 46 567 Other information: All in¢ome in the prioryearwas unrestricted exceptfor Iplease provide description and amountsl Not appllcable Where any endowment fund 15 converted into tn¢ome in th* portlng perlod. P￿ase giv8 the reason for the conversion. Not applicab Within the income items above the following items are material: (plea58 disclose the nature. am¢rtJntand any prior ramounts Not applicable

Section C Notes to the accounts (cont) Note 6 Analysis of expendituro Restrlcted Unrestrlcted in¢ome Endowm•nt funds funds funds Totsl funds Pdoryear Ana is IncuThed seeking donations Incurred seeking legacies Incurred seeking grants Operating membership schemes and social lotteries Expenditure on raising funds: Slaging fundraising events 64,089 64,089 36,387 Fudraising agents Operating charity shops Operating a trading company undertaking Iion-charitable trading activi Advertising, marketing, direct mail and ublici start up costs incurred in génerating new source of future income 4,720 4,720 500 Database development costs Other trading activities Investment management costs-. Portfolio mana emenl costs Cost of obtaining investment advi Invesbnent administration costs Intellectual propety licencing costs Rent collection, property repairs and maintenance charges Total expenditure on raising funds 68,809 68,809 36,887 Expendlture on charitsble activities Total expenditure on charitsble activities Separate material item of expense Total

Other Kabaddi Federation Subscri Le al Fees lions 3,000 3,000 3,000 3,000 1,500 Total other expenditure 00 TOTAL EXPENDITURE 74,809 74,809 38,387 Other Information: Analysls of expenditure on ¢harltable activitles Grant funding of activities Actiwty or programme Actlvltles undortaken directly Support Costs Total this year Total prioryear Total Prior year expenditure on charltable actlvltles can be analysed as follow$: Not applieable Within the expenditure items above the following items are material.. Iplease disclose th8 nature, amount and any prior yoar amounts) Not applicable

Section C Notes to the accounts Icont) Note 19 Debtors and prepayments Please complete this not8 rfth• chaiity has any debtors orprepayments. 19.1 Analysis of debto This year Last year Trade debtors Prepayments and accrued income Other debtors 46,957 46,957 Total Please complete 19.2 where a materlal debtor is rècoverable more than a year8fter the repottrng date. 19.2 Analysis of debtor3 recoverable in more than 1 year {included in debto¥s above) This year Last year Trade debtors Prepayments and accrued income Other debtors Total

Section C Notes to the aGcounts (cont) Note 20 Creditors and accruals Please complete this note rf the Gharity has any credltors or accruals. 20.1 Analysis of creditors Amounts falling due within one year This year Last year Amounts fallin9 due after more than one ear This year Last year Accruals for grdnts payable Bank loans and overdrafts Trade creditors Payments received on account for contracts or performance-related grants Accruals and deferred income 9,600 Taxation and social security Other creditors Total 20.2 Deferred income Please complete this notg if the charity has deferred Income. Please ex lain the reasons wh income Is deferred. Movement in deferred Income account This year Last year Balance at the start of the reportlng period Amounts added in current period Amounts released to income from prgvious periods Balance at the end of the repo￿ng period

Seetion C Notes to the accounts Icontl Note 24 Cash at bank and in hand Thls yoar Last year Shortterm cash investments (less than 3 months maturty datrtl Shorttem) deposits cash at bank and on hand 13,0 13.216 Totsl

Independent examiner's report on the accounts

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Section A Independent Examiner’s Report

Report to the trustees/ Charity Name members of Coventry Asian Sports Federation On accounts for the year Charity no ended[31 December 2023 ] (if any) 1129955 Set out on pages 1-13

Respective The charity's trustees are responsible for the preparation of the accounts. responsibilities of The charity’s trustees consider that an audit is not required for this year trustees and examiner under section 144 of the Charities Act 2011 (“the Charities Act”) and that an independent examination is needed.

It is my responsibility to:

Signed:

Date:

Name: Dr Rakesh Sachdev BSc MSc PhD FCCA ACA

1

IER

Relevant professional qualification(s) or body (if any):

ICAEW & ACCA

Address: 5 Albany Road Coventry CV5 6JQ

2

IER