| Pages | ||||||
|---|---|---|---|---|---|---|
| Trustees' annual report (incorporating |
the | director's | report) | 1to4 | ||
| Independent examiner's report |
to the | trustees | 5to 6 | |||
| Statement offinancial | activities | (including | income and | |||
| expenditure account) |
||||||
| Statement offinancial |
position | |||||
| Notes to the financial | statements | 9to 14 | ||||
| The following pages |
do not form part ofthe financial statements | |||||
| Detailed statement of |
financial | activities | 16to 17 |
| The trustees, | The trustees, | who are also the | who are also the | who are also the | directors for the |
purposes | purposes | of company | law, present | their report and the | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| unaudited | financial statements | ofthe charity for the year | ended 31 March 2022. | ||||||||
| Reference | and administrative | details | |||||||||
| Registered | charity | name | Islington Community |
Sports Academy | |||||||
| Charity registration | number | 1146888 | |||||||||
| Company | registration | number | 07844933 | ||||||||
| Principal | office and | registered | 20 Hazellville | Road | |||||||
| office | N19 3LP | ||||||||||
| London | |||||||||||
| The trustees | |||||||||||
| Mr L. Hagland | |||||||||||
| Mr M. Doheriy | |||||||||||
| Mr R.L. Hagland | |||||||||||
| Mr J.G. Mitchell | |||||||||||
| Mr S.A. O' Neill | |||||||||||
| Mr J.A. Richards | |||||||||||
| Mr R.A. Callaghan | |||||||||||
| Mr A Howard | |||||||||||
| Mr D Spiro | |||||||||||
| Company | secretary | L. Hagland | |||||||||
| Independent | examiner | G.J.Simmons | FCCA | ||||||||
| 1 Town Quay | Wharf | ||||||||||
| Abbey Road | |||||||||||
| Barking | |||||||||||
| Essex IG11 |
7BZ |
| 2022 | 2022 | 2021 | ||||
|---|---|---|---|---|---|---|
| Unrestricted | ||||||
| funds | Total funds | Total funds | ||||
| Note | 8 | |||||
| Income and endowments | ||||||
| Donations and legacies |
5 | 40,563 | 40,583 | 78,967 | ||
| Charitable activities |
8 | 368,030 | 388,030 | 126,499 | ||
| Other trading activities |
7 | 18,330 | 18,330 | 17,029 | ||
| Investment income |
8 | 7 | 7 | 16 | ||
| Total income | 426,930 | 428,930 | 222,511 | |||
| Expenditure | ||||||
| Expenditure on raising funds: |
||||||
| Costs of other trading | activities | 3,820 | 3,820 | 1,276 | ||
| Expenditure on charitable |
activities | 362,723 | 352,723 | 206,455 | ||
| Total expenditure | 366,543 | 385,543 | 207,731 | |||
| Net income and net movement | in funds | 60,387 | 80,387 | 14,780 | ||
| Reconciliation offunds |
||||||
| Total funds brought forward |
125,361 | 125,381 | 110,581 | |||
| Total funds carried forward | 185,748 | 185,748 | 125,361 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Note | |||||
| Fixed assets | |||||
| Tangible fixed assets | 16 | 79,837 | 74,605 | ||
| Current assets | |||||
| Cash at bank and in |
hand | 142,605 | 104,096 | ||
| Creditors: amounts | falling due within one year | 17 | 36,694 | 53,540 | |
| Net current assets | 105,911 | 50,556 | |||
| Total assets less current liabilities | 185,748 | 125,361 | |||
| Net assets | 185,748 | 125,361 | |||
| Funds ofthe charity | |||||
| Unrestricted funds |
185,748 | 125,361 | |||
| Total charity funds | 18 | 185,748 | 125,361 |
| Charitable | activities | ||||
|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2022 | Funds | 2021 | ||
| 6 | 6 | ||||
| Sale ofgoods as part of direct | |||||
| charitable | activities | 21,726 | 21,726 | 31,403 | 31,403 |
| Boxing classes and fees | 322,629 | 322,629 | 90,926 | 90,926 | |
| Outreach | sessions | 23,675 | 23,675 | 4,170 | 4,170 |
| 368,030 | 368,030 | 126,499 | 126,499 |
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
|---|---|---|---|---|---|
| Funds | 2022 | Funds | 2021 | ||
| Sponsorships | 5,000 | 5,000 | 5,800 | 5,800 | |
| Fundraising | events | 990 | 990 | ||
| Hire offacilities | 9,135 | 9,135 | 6,844 | 6,844 | |
| Other activities | 3,205 | 3,205 | 4,385 | 4,385 | |
| 18,330 | 18,330 | 17,029 | 17,029 |
| 8. | Investment | income | ||||
|---|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||
| Funds | 2022 | Funds | 2021 | |||
| 6 | ||||||
| Bank interest | receivable | 7 | 7 | 16 | 16 | |
| 9. | Costs ofother trading activities | |||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||
| Funds | 2022 | Funds | 2021 | |||
| 6 | 6 | F | ||||
| Fundraising | costs | 3,820 | 3,820 | 1,276 | 1,276 |
| 10. | Expenditure | on | charitab | le | activ | ities | by | fund type | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||||||||
| Funds | 2022 | Funds | 2021 | |||||||||
| 6 | F | E | ||||||||||
| Direct charitable | activities | 191,637 | 191,637 | 72,964 | 72,964 | |||||||
| Support costs | 171,086 | 171,086 | 133,491 | 133,491 | ||||||||
| 362,723 | 362,723 | 206,455 | 206,455 | |||||||||
| 11. | Expenditure | on | charitable | activities | by | activity type | ||||||
| Activities | ||||||||||||
| undertaken | Total funds | Total fund | ||||||||||
| directly Support | costs | 2022 | 2021 | |||||||||
| 6 | E | 6 | F | |||||||||
| Direct charitable | activities | 191,637 | 166,124 | 357,761 | 202,333 | |||||||
| Governance costs |
4,962 | 4,962 | 4,122 | |||||||||
| 191,637 | 171,086 | 362,723 | 206,455 | |||||||||
| 12. | Net income | |||||||||||
| Net income is stated after | charging/(crediting): | |||||||||||
| 2022 6 |
2021f | |||||||||||
| Depreciation | of tangible | fixed assets | 6,944 | 5,666 | ||||||||
| 13. | Independent | examination | fees | |||||||||
| 2022 | 2021 | |||||||||||
| 8 | F | |||||||||||
| Fees payable | to | the independent | examiner for: | |||||||||
| Independent | examination | ofthe | financial | statements | 4,290 | 4,022 |
| Tangible fixed assets | ||||
|---|---|---|---|---|
| Land and | Motor | |||
| buildings | vehicles | Equipment | Total | |
| E | ||||
| Cost | ||||
| At 1 April 2021 | 61,554 | 23,000 | 32,325 | 116,879 |
| Additions | 11,976 | 11,976 | ||
| Disposals | (10,460) | (10,460) | ||
| At 31 March 2022 | 61,554 | 23,000 | 33,841 | 118,395 |
| Depreciation | ||||
| At 1 April 2021 | 16,970 | 25,104 | 42,074 | |
| Charge for the year | 1,206 | 5,738 | 6,944 | |
| Disposals | (10,460) | (10,460) | ||
| At 31 March 2022 | 18,176 | 20,382 | 38,558 | |
| Carrying amount |
||||
| At 31 March 2022 | 61,554 | 4,624 | 13,459 | 79,837 |
| At 31 March 2021 | 61,554 | 6,030 | 7,221 | 74,805 |
| Creditors: amounts f |
alling due within one year | ||
|---|---|---|---|
| 2022 | 2021 | ||
| 6 | E | ||
| Bank loans and overdrafts | 25,000 | 50,000 | |
| Accruals and deferred | income | 11,694 | 3,540 |
| 36,694 | 53,540 |
| Unrestricted | funds | |||||
|---|---|---|---|---|---|---|
| At | ||||||
| At | 31 | March 202 | ||||
| 1 | April 2021 | Income | Expenditure | 2 | ||
| 6 | ||||||
| Accumulated | Fund | 125,361 | 426,930 | (366,543) | 185,748 | |
| At | ||||||
| At | 31 | March 202 | ||||
| 1 | April 2020 | Income | Expenditure | 1 | ||
| 6 | F | E | ||||
| Accumulated | Fund | 110,561 | 222,511 | (207,731) | 125,361 |
| 2022 | 2021 | ||
|---|---|---|---|
| 8 | |||
| Income and endowments | |||
| Donations and legacies |
|||
| General donations | 11,563 | 36,316 | |
| Grants - London Borough of Islington | 13,000 | 32,651 | |
| Grants -Sport England |
5,000 | 10,000 | |
| Grants - Equipment |
11,000 | ||
| 40,563 | 78,967 | ||
| Charitable activities |
|||
| Sale ofgoods as part of direct charitable Boxing classes and fees |
activities | 21,726 322,629 |
31,403 90,926 |
| Outreach sessions |
23,675 | 4,170 | |
| 368,030 | 126,499 | ||
| Other trading activities |
|||
| Sponsorships | 5,000 | 5,800 | |
| Fundraising events |
990 | ||
| Hire offacilities | 9,135 | 6,844 | |
| Other activities | 3,205 | 4,385 | |
| 18,330 | 17,029 | ||
| Investment income |
|||
| Bank interest receivable | 16 | ||
| Total income | 426,930 | 222,511 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| 6 | E | ||||
| Expenditure | |||||
| Costs ofother trading | activities | ||||
| Fundraising events |
3,820 | 1,276 | |||
| Expenditure on charitable |
activities | ||||
| Purchases Repairs and maintenance Insurance Other establishment Other motor/travel costs Legal and professional fees Telephone Other office costs |
43,623 8,539 1,608 11,868 14,516 78,090 3,494 31,970 |
20,775 14,630 1,961 11,619 9,504 55,422 3,489 18,397 |
|||
| Depreciation Affiliation and competition fees and Appreciation Coaching fees and courses |
awards | 6,944 12,214 141,285 |
5,423 6,291 49,898 |
||
| Sundry expenses | 8,572 | 9,046 | |||
| 362,723 | 206,455 | ||||
| Total expenditure | 366,543 | 207,731 | |||
| Net income | 60,387 | 14,780 |