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2023-03-31-accounts

Trustees Ms G Glover
Mr A C Ross
Mr J Cooke
Company secretary and Chief Mr P A Hingston
Executive
Registered office Lily House 11 The Shrubberies
George Lane
South Woodford
London
E181BD
Company number 07037120
Charity number 1133652
Independent examiner Miriam Hickson
Jacob Cavenagh &Skeet
5 Robin Hood Lane
Sutton
Surrey
SM1 2SW
Solicitors BDBPitmans LLP
One Bartholomew Close
London
EC1A 7BL
Bank Virgin Money
154 —158Kensington High Street
London
W8 7RL

2023 2022
Unrestricted Unrestricted
Note Funds
E
Funds
t.'
Income from:
Donations
and legacies
Investments 37,246 38,188
Other income
Total income 37246 38188
Expenditure
on:
Charitable
activities
105525 68619
Total expenditure 105525 68619
Net gain/(loss)
on investments
7 ~84 206 29647
Net income/(expenditure) for the year 5 (152,485) (784)
Transfers
between
funds
Net movement
in
funds (152,485) (784)
Total funds brought forward 1 484 715 1 485499
Total funds carried forward

AT 31STMARCH 20 2 3 Company Number: 07037120
2023 2022
Note
Fixed assets
Tangible
fixed assets
Investments 1 225 384 1 409 594
1,225,384 1,409,594
Current assets
Debtors 159 158
Cash at bank 108973 77 118
109,132 77,276
Creditors: Amounts falling due
within one year 9 (2286) ( 2 155)
Net current assets 106846 75 121
Net assets
Funds
Unrestricted
(Including
revaluation
ofE300,541 (2022' L409,594)
reserve 1 332 230
~1~Q
1 484 715

FO R THE YEAR ENDED 31STMARCH 2023 (continued)
EXPENDITURE Unrestricted Total Total
Funds Funds Funds
2023 2023 2022
Direct Charitable
activities
Grants to institutions
(Note 12)
40,000 40,000
Staff costs 60,587 60,587 59,209
Premises costs 1,569 1,569 1,603
Other costs 1 204 1 204 5803
103360 103 360 66615
Governance
costs
Accountancy
and tax work fees
905 905 804
Independent
examination
fees
1 260 1 260 1 200
2 165 2 165 2 004
Total expenditure
5 NET INCOME/(EXPENDITURE) 2023 2022
E
This is stated after charging:
Independent
Examiner's
remuneration
TANGIBLE FIXEDASSETS Computer
Equipment
E
COST
At 1 April 2022 and 31 March 2023 14209
DEPRECIATION
Cost at 1 April 2022 and 31 March 2023 14209
NET BOOK VALUE
At 31 March 2023
At 31 March 2022
7 INVESTMENTS 2023 2022
Sarasin Investment
Portfolio
Market value brought
forward
Market value ofdisposals
(Proceeds 9100,008, realised loss F5,939)
1,409,594
(105,947)
1,379,947
Change
in cash funds
Net unrealised
(loss)/gain
on revaluation
Market value carried forward
3
~78 267
~4
29647
Historic cost carried forward

FO R THE YEAR ENDED 31 STMARCH 2023 (continued)
8 DEBTORS 2023 2022
Prepayments
9 CREDITORS: Amounts falling due within one year 2023 2022
Trade Creditors
Other Creditors 144 175
Accruals 2 142 1 980
10 STAFF COSTS 2023 2022
Wages and salaries
Social security costs
18,144 18,000
Pension
Other staff costs
40,396
1 747
40,396
813

participation in heal thy
recreation,
in particular
by
the provision
offacilities and

coaching fo
No of Total
Institution grants E
Anderson
Leigh Park
Bridgnorth
Amateur
Boxing Club
Amateur
Boxing Club
Boxing Academy
15,000
15,000
10000