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||**Pages**|**Pages**|
|---|---|---|
|Trustees' annual report (incorporating the director's report)||**1 to 4**|
|Independent examiner's report to the trustees||**5**|
|Statement of financial activities (including income and|||
|expenditure account)||**6**|
|Statement of financial position||**7**|
|Notes to the financial statements|**8**|**to 14**|
|**The following pages do not form part of the financial statements**|||
|Detailed statement of financial activities|**16 **|**to 17**|





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|||**2021**|**2021**|2020|
|---|---|---|---|---|
|||Unrestricted|||
|||funds|**Total funds**|Total funds|
||**Note**||||
|**Income and endowments**|||||
|Donations and legacies|**5**|78,967|**78,967**|31,202|
|Charitable activities|**6**|126,499|**126,499**|213,938|
|Other trading activities|**7**|17,029|**17,029**|93,261|
|Investment income|**8**|16|**16**|41|
|**Total income**||222,511|**222,511**|338,442|
|**Expenditure**|||||
|Expenditure on raising funds:|||||
|Costs of other trading activities|**9**|1,276|**1,276**|55,504|
|Expenditure on charitable activities|**10,11**|206,455|**206,455**|296,190|
|**Total expenditure**||207,731|**207,731**|351,694|
|**Net income/(expenditure) and net movement in funds**||14,780|**14,780**|(13,252)|
|**Reconciliation of funds**|||||
|Total funds brought forward||110,581|**110,581**|123,833|
|**Total funds carried forward**||125,361|**125,361**|110,581|





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|||**2021**||2020|
|---|---|---|---|---|
||**Note**||||
|**Fixed assets**|||||
|Tangible fixed assets|**17**||**74,805**|81,861|
|**Current assets**|||||
|Cash at bank and in hand||**104,096**||32,260|
|**Creditors: amounts falling due within one year**|**18**|**53,540**||3,540|
|**Net current assets**|||**50,556**|28,720|
|**Total assets less current liabilities**|||**125,361**|110,581|
|**Net assets**|||**125,361**|110,581|
|**Funds of the charity**|||||
|Unrestricted funds|||**125,361**|110,581|
|**Total charity funds**|**19**||**125,361**|110,581|






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||Unrestricted **Total Funds**|Unrestricted **Total Funds**|Unrestricted|Total Funds|
|---|---|---|---|---|
||Funds|**2021**|Funds|2020|
|**Donations**|||||
|General donations|36,316|**36,316**|26,202|26,202|
|**Grants**|||||
|Grants −London Borough of Islington<br>Grants −Sport England|32,651<br>10,000|**32,651**<br>**10,000**|5,000|5,000|
||78,967|**78,967**|31,202|31,202|





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|||Unrestricted|**Total Funds**|Unrestricted|Total|Funds|
|---|---|---|---|---|---|---|
|||Funds|**2021**|Funds||2020|
||Sale of goods as part of direct||||||
||charitable activities|31,403|**31,403**|43,885||43,885|
||Boxing classes and fees|90,926|**90,926.**|161,435|161,435||
||Outreach sessions|4,170|**4,170**|8,618 .||8,618|
|||126,499|**126,499**|213,938|213,938||
|**7.**|**Other trading activities**||||||
|||Unrestricted|**Total Funds**|Unrestricted|Total|Funds|
|||Funds|**2021**|Funds||2020|
|||£|**£**|£||£|
||Sponsorships|5,800|**5,800**|5,000||5,000|
||Fundraising events|−|−|74,690||74,690|
||Hire of facilities|6,844|**6,844**|6,445||6,445|
||Other activities|4,385|**4,385**|7,126||7,126|
|||17,029|**17,029**|93,261||93,261|
|**8.**|**Investment income**||||||
|||Unrestricted|**Total Funds **|**.**Unrestricted|Total Funds||
|||Funds|**2021**|Funds||2020|
|||£|**£**|£||£|
||Bank interest receivable|16|**16**|41||41|
|**9.**|**Costs of other trading activities**||||||
|||Unrestricted|**Total Funds**|Unrestricted|Total Funds||
|||Funds|**2021**|Funds||2020|
|||£|**£**|£||£|
||Fundraising costs|1,276|**1,276**|55,504|.|55,504|





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|**10.**|**Expenditure on charitable activi**|**ties by fund type**||||
|---|---|---|---|---|---|
|||Unrestricted|**Total Funds**|Unrestricted|Total Funds|
|||Funds|**2021**|Funds|2020|
||Direct charitable activities|72,964|**72,964**|133,087|133,087|
||Support costs|133,491|**133,491**|163,103|163,103|
|||206,455|**206,455**|296,190|296,190|
|**11.**|**Expenditure on charitable activities by activity type**|||||
|||Activities||||
|||undertaken|−|.<br>.<br>**Total funds**|**−**Total fund|
|||directly Support costs||**2021**|2020|
|||£|£|**£**|£|
||Direct charitable activities|72,964|129,369|**202,333**|292,068|
||Governance costs|−|4,122|**4,122**|4,122|
|||72,964|133,491|**206,455**|296,190|
|**12.**|**Analysis of support costs**|||||



|||**Total 2021**|Total 2020|
|---|---|---|---|
|||**£**|**£**|
||Premises||37,206|
||Communications and IT||3,727|
||General office||7,434|
||Governance costs||4,122|
||Depreciation||6,662|
||Awards||3,300|
||Professional fees||48,010|
||Minibus and travel costs||29,982|
||Sundry costs||22,660|
||||163,103|
||All support costs are 100% allocated to the only charitable activity.|||
|**13.**|**Net income/(expenditure)**|||
||Net income/(expenditure) is stated after charging/(crediting):|||
|||**2021**|2020|
||Depreciation of tangible fixed assets|**5,666**|6,662|





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||**2021**|2020|
|---|---|---|
|Fees payable to the independent examiner for:|||
|Independent examination of the financial statements|**4,022**|4,122|



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|Mr|R Hagland|**13,200**|
|---|---|---|
|Mr|L Hagland|**21,400**|



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||Land and|Motor|||
|---|---|---|---|---|
||buildings|vehicles|Equipment|**Total**|
|**Cost**|£|£|£|£ •|
|At 1 April 2020|61,554|45,521|28,992|**136,067**|
|Additions|−||3,333|**3,333**|
|Disposals|−|(22,521)|−|**(22,521)**|
|**At 31 March 2021**|61,554|23,000|32,325|**116,879**|
|**Depreciation**|||||
|At 1 April 2020|−|33,261|20,945|**54,206**|
|Charge for the year|−|1,507|4,159|**5,666**|
|Disposals|−|(17,798)|−|**(17,798)**|
|**At 31 March 2021**||16,970|25,104|**42,074**|
|**Carrying amount**|||||
|**At 31 March 2021**|61,554|6,030|7,221|**74,805**|
|At 31 March 2020|61,554|12,260|8,047|81,861|





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|**Creditors: amounts falling due within one year**|||
|---|---|---|
||**2021**|2020|
|Bank loans and overdrafts|**50,000**|**—**|
|Accruals and deferred income|**3,540**|3,540|
|−,|**53,540**|3,540|



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||**Unrestricted funds**|||||
|---|---|---|---|---|---|
||||||**At**|
|||At||**31 March 202**||
|||1 April 2020|Income|Expenditure|**1**|
||Accumulated Fund|110,581|222,511|(207,731)|**125,361**|
||||||At|
|||At|||31 March 202|
|||1 April 2019|Income|Expenditure|0|
||Accumulated Fund|123,833|338,442|(351,694)|110,581|
|**20.**|**Analysis of net assets between funds**|||||
|||||Unrestricted|**Total Funds**|
|||||Funds|**2021**|
||Tangible fixed assets|||||
||Current assets|||||
||Creditors less than 1 year|||||
||**Net assets**|||||
||||||CEIMIN=|
|||||Unrestricted|Total Funds|
|||||Funds|2020|
||Tangible fixed assets|||81,861|81,861|
||Current assets|||32,260|32,260|
||Creditors less than 1 year|||(3,540)|(3,540)|
||**Net assets**|||110,581|110,581|





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||2021|2020|
|---|---|---|
|**Income and endowments**|||
|**Donations and legacies**|||
|General donations|36,316|26,202|
|Grants −London Borough of Islington<br>Grants −Sport England|32,651<br>10,000|5,000|
||**78,967**|31,202|
|**Charitable activities**|||
|Sale of goods as part of direct charitable activities|**31,403**|43,885|
|Boxing classes and fees|**90,926**|161,435|
|Outreach sessions|**4,170**|8,618|
||**126,499**|213,938|
|**Other trading activities**|||
|Sponsorships|**5,800**|5,000|
|Fundraising events||74,690|
|Hire of facilities|**6,844**|6,445|
|Other activities|**4,385**|7,126|
||**17,029**|93,261|
|**Investment income**|||
|Bank interest receivable|16|41|
|**Total income**|**222,511**|338,442|





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|||**2021**|2020|
|---|---|---|---|
|**•Expenditure**<br>**Costs of other trading activities**||||
|Fundraising events||**1,276**|55,504|
|**Expenditure on charitable activities**||||
|Purchases||**20,775**|28,553|
|Repairs and maintenance||**14,630**|16,691|
|Insurance •<br>Other establishment||**1,961**<br>**11,619**|**.** 7,794<br>12,721|
|Other motor/travel costs||**9,504**|29,982|
|Legal and professional fees<br>Telephone|.|**55,422**<br>**3,489**|**.** 52,132<br>3,727|
|Other office costs||**18,397**|7,434|
|Depreciation||**5,423**|6,662|
|Affiliation and competition fees and Appreciation awards||**6,291**|10,539|
|Coaching fees and courses||**49,898**|97,295|
|Sundry expenses||**9,046**|22,660|
|||**206,455**|296,190|
|**Total expenditure**||**207,731**|351,694|
|**Net income/(expenditure)**||**14,780**|13,252|