REGISTERED COMPANY NUMBER: 06973663 (England and Wales) REGISTERED CHARITY NUMBER: 1135721
Report of the Trustees and
Unaudited Financial Statements
for the Year Ended 31 July 2022
for
Basketball4all
PKB Accountants Limited Chartered Certified Accountants Beechey House 87 Church Street Crowthorne Berkshire RG45 7AW
Basketball4all
Report of the Trustees for the Year Ended 31 July 2022
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 July 2022. The trustees have adopted the provisions of 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 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and Activities
The Charity aims to promote basketball for the disadvantaged and disabled in Surrey, Kent, Sussex, East Berkshire and North East Hampshire. We are working hard to reach as many groups in the community as we can working with Schools, Youth workers, Family services, Charities and the Police.
Public benefit
The trustees have referred to the Charity Commission's guidance on public benefit when reviewing aims and objectives and when planning future activities. The trustees are satisfied that their aims and objectives would provide a benefit and that the target audience for their activities comprises a sufficient section of the public. The trustees are therefore satisfied that the Trust meets the Charity Commission's public benefit test.
STRATEGIC REPORT
Achievement and performance
The trustees have sought to maintain the funds available to the charity and continue to explore further sources of funding including approaching businesses and trustees fundraising themselves.
During this year we received funding from Ardonagh Community, Community Foundation for Surrey, Postcode Lottery Trust, Street Games, Sport England, Ring Doorbell, and some individual contributors.
All our projects are ongoing although the covid lockdown restrictions have still had an impact on some groups. Our projects involve two weekly basketball sessions for young people with learning disabilities and sessions in senior schools for inactive teens. We continue to promote Basketball4All roadshows in local primary schools with after school hubs being established to provide a pathway for these children. We have also worked with a refugee charity and groups for assisted learners who are living independently in sheltered accommodation.
Financial review
Reserves
The trustees currently seek to maintain as a matter of course sufficient reserves to fund a minimum of three months' anticipated expenditure. The trustees will be seeking to increase this as the availability of funds permits.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
06973663 (England and Wales)
Page 1
Basketball4all
Report of the Trustees
for the Year Ended 31 July 2022
Registered Charity number
1135721
Registered office
Beechey House 87 Church Street Crowthorne Berkshire RG45 7AW
Trustees
D Adams (resigned 16.12.21) Mrs B Hayward G Baker (resigned 15.6.22) Miss A Hayward I Miller P Bowyer J P Walker J R Lanning (resigned 7.9.21)
Company Secretary
Mrs C Launchbury
Independent Examiner
PKB Accountants Limited Chartered Certified Accountants Beechey House 87 Church Street Crowthorne Berkshire RG45 7AW
Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the company directors, on ............................................. and signed on the board's behalf by:
................................................................. I Miller - Trustee
Page 2
Independent Examiner's Report to the Trustees of Basketball4all
Independent examiner's report to the trustees of Basketball4all ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 July 2022.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
PKB Accountants Limited PKB Accountants Limited Chartered Certified Accountants Beechey House 87 Church Street Crowthorne Berkshire RG45 7AW
Date: .............................................
Page 3
Basketball4all
Statement of Financial Activities for the Year Ended 31 July 2022
| Unrestricted Restricted fund fund Notes £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 1,235 28,580 Other trading activities 2 4,106 - Total 5,341 28,580 EXPENDITURE ON Other 624 19,047 NET INCOME 4,717 9,533 RECONCILIATION OF FUNDS Total funds brought forward 8,061 20,134 TOTAL FUNDS CARRIED FORWARD 12,778 29,667 |
31.7.22 31.7.21 Total Total funds funds £ £ 29,815 8,098 4,106 - 33,921 8,098 19,671 484 14,250 7,614 28,195 20,581 42,445 28,195 |
31.7.22 31.7.21 Total Total funds funds £ £ 29,815 8,098 4,106 - 33,921 8,098 19,671 484 14,250 7,614 28,195 20,581 42,445 28,195 |
|---|---|---|
| 8,098 | ||
| 484 7,614 20,581 |
||
| 28,195 |
The notes form part of these financial statements
Page 4
Basketball4all
Balance Sheet
31 July 2022
| Unrestricted Restricted fund fund Notes £ £ CURRENT ASSETS Cash at bank 12,778 29,667 NET CURRENT ASSETS 12,778 29,667 TOTAL ASSETS LESS CURRENT LIABILITIES 12,778 29,667 NET ASSETS 12,778 29,667 FUNDS 5 Unrestricted funds Restricted funds TOTAL FUNDS |
31.7.22 Total funds £ 42,445 42,445 42,445 42,445 12,778 29,667 42,445 |
31.7.21 Total funds £ 28,195 |
|---|---|---|
| 28,195 | ||
| 28,195 | ||
| 28,195 | ||
| 8,061 20,134 |
||
| 28,195 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2022.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2022 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
Page 5
Basketball4all
Balance Sheet - continued
31 July 2022
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. I Miller - Trustee
.............................................
P Bowyer - Trustee
The notes form part of these financial statements
Page 6
Basketball4all
Notes to the Financial Statements for the Year Ended 31 July 2022
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
continued...
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Basketball4all
Notes to the Financial Statements - continued for the Year Ended 31 July 2022
2. OTHER TRADING ACTIVITIES
| OTHER TRADING ACTIVITIES | ||
|---|---|---|
| 31.7.22 | 31.7.21 | |
| £ | £ | |
| Fundraising events | 4,106 | - |
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 July 2022 nor for the year ended 31 July 2021.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 July 2022 nor for the year ended 31 July 2021.
4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted Restricted fund fund £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 1,077 7,021 EXPENDITURE ON Other 484 - NET INCOME 593 7,021 RECONCILIATION OF FUNDS Total funds brought forward 7,468 13,113 TOTAL FUNDS CARRIED FORWARD 8,061 20,134 |
Total funds £ 8,098 |
|---|---|
| 484 7,614 20,581 |
|
| 28,195 |
continued...
Page 8
Basketball4all
Notes to the Financial Statements - continued for the Year Ended 31 July 2022
5. MOVEMENT IN FUNDS
| MOVEMENT IN FUNDS | |||
|---|---|---|---|
| Net | |||
| movement | At | ||
| At 1.8.21 | in funds | 31.7.22 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 8,061 | 4,717 | 12,778 |
| Restricted funds | |||
| General fund | 20,134 | 9,533 | 29,667 |
| TOTAL FUNDS | 28,195 | 14,250 | 42,445 |
| Net movement in funds, included in the above | are as follows: | ||
| Incoming | Resources | Movement | |
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 5,341 | (624) | 4,717 |
| Restricted funds | |||
| General fund | 28,580 | (19,047) | 9,533 |
| TOTAL FUNDS | 33,921 | (19,671) | 14,250 |
| Comparatives for movement in funds | |||
| Net | |||
| movement | At | ||
| At 1.8.20 | in funds | 31.7.21 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 7,468 | 593 | 8,061 |
| Restricted funds | |||
| General fund | 13,113 | 7,021 | 20,134 |
| TOTAL FUNDS | 20,581 | 7,614 | 28,195 |
continued...
Page 9
Basketball4all
Notes to the Financial Statements - continued for the Year Ended 31 July 2022
5. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 1,077 | (484) | 593 |
| Restricted funds | |||
| General fund | 7,021 | - | 7,021 |
| TOTAL FUNDS | 8,098 | (484) | 7,614 |
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Restricted funds General fund TOTAL FUNDS |
Net movement At At 1.8.20 in funds 31.7.22 £ £ £ 7,468 5,310 12,778 13,113 16,554 29,667 20,581 21,864 42,445 |
|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 6,418 | (1,108) | 5,310 |
| Restricted funds | |||
| General fund | 35,601 | (19,047) | 16,554 |
| TOTAL FUNDS | 42,019 | (20,155) | 21,864 |
continued...
Page 10
Basketball4all
Notes to the Financial Statements - continued for the Year Ended 31 July 2022
6. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 July 2022.
Page 11
Basketball4all
Contents of the Financial Statements for the Year Ended 31 July 2022
| Page | |
|---|---|
| Report of the Trustees | 1 to 2 |
| Independent Examiner's Report | 3 |
| Statement of Financial Activities | 4 |
| Balance Sheet | 5 to 6 |
| Notes to the Financial Statements | 7 to 11 |