2024-03-31-accounts

Charlty registration number 1146888 Company reglstratlon number 07844933 (England and Wales) ISLINGTON COMMUNITY SPORTS ACADEMY ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

ISLINGTON COMMUNITY SPORTS ACADEMY LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mr L R Hagland Mr M P Doherty Mr D I Spiro MrA Howard Mr RA Callaghan Mr S A O'Neill Mr J G Mitchell Mr J A Richards Mr R Hagland Secretary Mr L R Hagland Charity number 1146888 Company number 07844933 Registered office 20 Hazellville Road London N19 3LP Independent examiner Alwyns LLP Crown House 151 High Road Loughton Essex IG10 4LG

ISLINGTON COMMUNITY SPORTS ACADEMY CONTENTS Pag• Trustee8' ropyt Statement of INstees' respon8ltiiitl88 Independent examlnet8 report Slatement of Ilnancl81 arthltles Bejanco sheet Notes lo the tlnancial statements 9-15

ISLINGTON COMMUNITY SPORTS ACADEMY TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MARCH 2024 The tntslees presenl Iheir annual report and financial satsments for the year ended 31 March 2024. The finandal statements have been Prepared in a￿OrdanC￿ with the a¢xounllng policies set out In note 1 to the financlal statéments and comply wth the charity's 9overning dccum8nl, the Companies Act 2006 and 'Accounling and Reporting by Charltles.. Statement of Recommended Practice applicable lo Charl￿eS preparfng thelr accounts In arLordance with the Finan¢taS Rèportlng Slandard applicable In thè UK and Republic of Ir81and (FRS 102)" (effe¢tlve l January 20191. Objectives and aG¢lvltig5 Islington Community SPC￿ts Academy WOFks with local young people and adutts, particJJlaTly those Ihal oth8r organisations may find difficult to engage wilh,. our mls$lon belng lo equlp tr￿M with the motivallon, self confidenr and networks Ihey need to thange their I'ves, through Ihe vehide of competotiV8 8POrt and health and fitness acllvllles. Our vlsion and mi55ion £r8 underpinned by th8 following values: Being open. resporslve and accounta￿e S68kJng and providlng best value for money Promoting sustainab18 development PLrtting serv1¢8 to 'our community Ilrst dluing our volunteer coaches 8nd stafl . ￿rkOr￿j In partnarsh To achleve our vision and mlssion we will". Provfde sportlng opportunities from grass roots to excellence Provide qualty Sporting faolities EnFure the dub is y￿11 run Invest tn the club's faclltU8s and the memberstiip Regularly 8eek feedback and views and respond to suggestlons Celebrate our wcGesses. The trustees have paid due regard to guldance issued by the Charity Commisslon in decidhg what actlvltles tha charity should undertake. Achievements and pfrrfomianeo In the year 202312024 the have continued Its growth and been Stable In ai Its activities. The competitive section •￿￿TrueS to be extremety p)pular and over 100 boxers wmpetlng for th8 club this year many galnlng r89ion81 and nalonal title& IAÈ also retalned the tropty for most succassfvl club al the Capltal Box Cup 2024. The aL*emy dasses at both junlor and senior18vel contsnue to be very and r8creatlonal 8nd personal one lo ones Ihrive. Flnanclal revlew The overall finances for the club have been solid throughout the year and with an expected growth. Classes and membership are still wnnlng at a high level wKh s8Y8ral classes at its capac4ty Ilmit regularfy. One to one prSvato coaching Is stlm going strong, wth a good client base and number8 have expand8d, Is bringing In 8 gocx regular revenue for thé club. We have surLessfully hosled 2 dlnner shows and 4 open shows in the year along with Int show5 ¥￿th Northoll BC. The ¢lub ha$ Invested a frdir bit of rnonèy In several Item8 Ihat werè requlred or needed to be rep&c￿. Wo purchased a new mlnibus (£48K) In January 2023 and invested heavily In new ￿rdI0 machlnes1£26K} aknig wlth renewing equlpmenl 8$ and when it need replacing. The dub also purchased x70 palrs of competltion bo)ing shorts along wlth slod( replacement of club vests (£7k) Our sponsors G80 F TNmper have COTrtlnued to support th8 dub and now we have agreed Ihat Grlffin Scaffolding become a sponsor of the dub tracksuits. The Yes charfty have al80 very been generotjs in their sponsorshlp of equlprnent for the ¢lub. We are still servlcing the Bu￿ne¥S Bank Loan and the flgura Is now under £20k owed. The amount we are paylng back per rnonth is easily achievabl8, therefore w6 do nol See the need to dear the debt as the interest 18 very, very minimal. Overdl, the dub18 sdll groY#lng, Ixrt runnlng at It8 maxtmum in many area8. Wa contlnue to look lo the future and the building proleci Is sllll movlng along, albelt VQry 8lovty. hop8 and fe81 that in the noxt year, m8Jor 8tep8 will taken In regard the building

ISLINGTON COMMUNITY SPORTS ACADEMY TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARGH 2024 It 18 the pollcy of the charity that unresb1cted fijnds whlch have not been dèslgnated for 8 spaclflc UBe should b8 malntained at a level equlvalent to betr￿en three and slx month'8 expenditure. The tNstee5 conslder that reseNes al thls level wjll ensure that, In the event of a slgnificant dri]p In fvndlngi they ￿11 be able to continue the charity'8 CUfTent actlvltles whlle consld&ratton Is given to ways In addltlonal funds may be ralsed. Th1618vel of re8erdes has been mainlained throughout the year. Plans for future perlods The m8lorkty of evenlng classes thal we run are lull to rAp8city and completely 801d out on our booklng system, days before the sesslon. We have rnade a conc8rted effort io utillse the daytime hours more, but this Is dlfficult for varfou8 reasons, althowh we have llrown a18lr bR In thls way. BulldlDg Projèct: Quite a lot of worf( has been achleved ljehlnd the scenes In regwds the new Wld projed. We expecl to make largér strfdes in th8 Gomlng year and be much ￿are1 the goal of achlevlng the project. stNctur8, govomance and managem8nl The Charfty Is a company limlted by guaranle•, Incorporated on 11 November 2011 and reglstered a8 a charity on 12 April 2012. The company vrns establlshed under a MemLirandum of Asscdallon, which established the objects and powets of the Gharilable company and is governed under its ￿￿&S olAssociation. In the event of the company bdng wound up mèmb8r8 are required lo cL)ntrlbut8 an amount not eX￿dwIg £S. The Islinglon Communlty Sports Academy has a Managernerrt Commltte6 of up to 12 members meet quarterly and are responsible for the strateglc dlTectlon and pollcy of the charity. At present the Committee has mèmbers from a varlety ol prof8S8lonal bad(ground$ rél8vanl to Ihe work of the charity. A scheme of delegation18 In place and day- to-day re8pon8lblUty for the pmvlslon of the servlc85 r88t with the Admi￿$tratIon Manager. The Mryer has reSpOn￿bIlIty ftir the day4oday operatlonal management of the Centre, indlvidual supervision of the staff team and also ensuring that the team ¢onllnuè8 lo develop Ihelr skllls and v￿rkIng pracuces in line wtth gooj practice. The trustee5. who 8r8 also the director5 for the purposo of cmipany law. and 6eNed durfng the year arKI up lo the dale of signature ol the finandal statements were: Mr L R Hagland Mr M P Dohety Mr D I Splro MrA Howard Mr RA Callaghan Mr SA O'Nelll Mr J G Mitchell Mr J A RIGhards Mr R Hagland The threctots of thè compary are also the charity's tTUSt8és for the purposes of charity law and under the company's Artlcles are known as Members of the Management Cornmittee. Under the requirements of the Memorandum and Articles of Association the members of the Management Commlttee arè éle¢led to 6eNe for a pedod of three years after which they must be rwledeil at the n8xI Annual General Meekn'ng. Any exp8n888 recjalmed from the cha are set out in the a¢vJunls. Sfftall company provlslons This report has been prepared Sn a¢¢ordance wlth tha provi8ion appllcabl8 to eompanles enltled to the small companies exemption.

ISLINGTON COMMUNITY SPORTS ACADEMY TRUSTEES, REPORT {INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 The Iruslees, report was approved by the Board of TrLislee8. Mr L R Hagland Trustee IAr M P Doherty Trusteg Date.. /0

ISLINGTON COMMUNITY SPORTS ACADEMY STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2024 The trustees. who are also thè dlrector8 oflslington Community Sports Academy for th¢ purpo88 of company18W, are responsible for preparlng the Twstees, Report and the flnand81 slalem8nts In accordance with applirAble law and Unfted Klngdom Accounling Standards (United Klngdom GenerallyAttepted Ac￿UntIng PrACtlce). Comwy Law requtre8 the tru8te&s io prepare financlal slatements for each financlal year whlch glv8 a truè and lalr vlew of the state of alfralrs of the ch8rlty and of the Incoming re&wrce8 and application of resourc65, Induding ihe income and expendlture, of Ihe charliabie company for Ihat year. In preparfng these financlal statements, the trustees are requlred to,. - select suitabte accountlng pcli¢ies and ihen apply thèm conslslenuy,. - observe the methods and prfnclples In th6 Charltles SORP. - rnako judgements and estimates that are reasonable and pwdenl,. - stsle whelhgr applicab18 UK Attounling Standard5 have b8én followed, subjecl to any materlal depaTtsJre di8clo8ed and expianed In the finandal statements. and - prepare the flnancial slalements on the go+ng concem basls unl8ss It18 Inapprowlate tt) pr88umè that thg tharlty bMII contlnu8 in oparatlon. Th¢ trustee8 are resp)nsible for keeping adequata a¢¢ounting records that rf18close wllh roa80nablè aC￿r8¢Y at any tlme thè financlal position of the charity and enable them to ensure that the financlal statements cornply th8 Companles Ad 2006. They are also reswnslble for safeguardlng the assets of the (l)8rlty and ttenca for laklng reasonable steps lor the wevenllon and detection of fraud and other irregularftte8.

ISLINGTON COMMUNITY SPORTS ACADEMY INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ISLINGTON COMMUNITY SPORTS ACADEMY I report to the trustees {wlK) are dso Dlrectors for the pL￿poSe￿ of company law) on my examlnatlon of the fin8nclg1 statem8nls of Isllnglon Gommunity Sports A¢2demy for thè year erKled 31 M8r¢h 2024 vthich comprlsg the Ststemenl of Financial Adlvities, Ihe Balan￿ Sheel and ￿lated note8. Thls report Is made solely to the charity's trustees, as a body, In awrdance with sedlon 145 of the Charfties Act 2011. My work has been undertaken so that I mlght slate to the charity's trustees Ihos8 matters l am required to State to them In Ihls report and for no othar purpose, To the fullest exlenl peTmitted by law, I do not accept or assume responsibllity lo anyone olher than the charlty and the tharty's trustees as a body, for my work. for th18 report, or for the oplnions I hav8 fornied. Responslbillties and basts of report As the trustees of the charity (and also its dIr￿t0[S for th8 purposes of company law) you are responsible for the preparadon of the flnanclal stst8ments In accordance with the requlrements of the Companies Act 20[￿ {Iha 2006 Having salisfi8d myself that the financlal statements ol the thadty are not requlred to be audiW under Parl 18 of Ihe 2006 Act and are eliGible for independent examlnatlon, I report in respect of my examination of the tharity's Ilnanclal ststements carrted out urKler sectFon 143 of the Charities Act 2011 (the 2011 Act). In carying out my examln8tion I have f01bw￿l all the appll(abie Directlons glven by the Charlty Commi88ion under section 145(5)Ib) of the 2011 Ad. An independent axamlnallon does not Involve gatherlng all the evldence that would be requlred In an audlt and nsaquently do8s not IX)Vgr all the matters that an aL6dilor conslders In glving thoir opinlon on the Ilnancial statements. The ￿annIng and condud of an audit goes beyond the Ilmiled assurance thal an Ind8pendent examinatlon can provide. Con8èquently l èxpress no opinlon as to whethér Ihe financlal slatements present a 'true and falr, view and my report is limited to those speoflc matters sat out in the independent examiner's statement. Indgpondont examlnoes Statement Since the charity's gr08s income exceeded £250,000 your examinor mu81 be a member of a tody listed h sedion 145 of Ihe 2011 Act. I confimi that l am qualllled to undertake the examlnatlon b6c8us8 l am a member of ICAEW, whlch Is on8 of the li8ted bodies. I have completed my examlnation. I confim that no matters have com8 to my attentlon in connection th the examlnatlon giving me cause to belleve that in any matérial respect: accounts'ng records were not kept in respect of th8 charity as rpquired by secticm 386 of the 2006Act,' or the finan¢Sal statements do not aco)rd with those records. or th8 financlal statements do not coM￿Y wrth the aCC￿UntIng requlrements of seth'on 396 af the 2006 Act other than any requirement that the accounts give a true and fair Mew ￿1¢h 18 not a matter considered as part ol an Inde￿ndent examlnallon; or the financial statamenls have not been prepared in accordance wlth the melhods and prlnciple8 of the staternènl of Recornmended Practice for accounting 8nd reporting by charities applicablo to charfties Pfeparing thelr accounts In accordance wlth the Financial RePOr￿ng Standard appliGable In the UK arxl Republic of Ireland IFRS 1021. I have no concems and have come across no other Matte￿ In connedlon wlth the examlnallon to which attgntion should be drawn in l*ls in order to enable a proper understanding of the Ilnancial statéments to be reached. Ms J A Rlckler, FCA ns LLP Crown Hou86 151 Hlgh Road Loughton Es8ex IG10 4LG Dated..

ISLINGTON COMMUNITY SPORTSACADEMY STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 AIARCH 2024 UnrestrlGtsd Unr08tr1cted funds funds 2024 2023 Ineome from: Donation8 and legade8 Chwltable adMlke5 Other tradlng athltle8 Investments 29,048 418,913 114.971 173 47,194 3n,142 106,514 51 Totsl Income 563.105 625,901 Expendlture on: Ra18Ing lunds Chble acyvltles Other exP￿dI{￿o 89.255 450.878 31,413 484,619 4,824 13 Total exp¢ndlture 54D,133 520.856 Net Sn¢om• and movément In fund• 22,972 fteconclllatlon of funds: Fund balances at 1 Aprfl 2023 190,793 185,748 Fund bqlan¢•s at 31 March 2024 213,765 190,793 statem8nt of finandal a¢tlvllle8 Includes 811 galns and losses re￿gnISed In year. All In(mg and exF*nditure dO￿ve from contlnulng acli¥6tle8. The notes on pag88 910 15 form part ofthese financkql statements.

ISLINGTON COMMUNITY SPORTS ACADEMY BALANCE SHEET ASAT 31 MARCH 2024 2024 2023 Flxed assèts Tangible assets 16 138,190 118,331 Current assets Cash at bank and In hand 99,787 107,338 Crgdlton: amounts lalllng due wlthln one year 16 (7,500) {1 S,432} Net ￿rrent assets 92,267 91,906 Totsl assets less curreTht Ilabllffjo8 230,457 210,237 ¢roditows: amount8 falllng due aft•r more than one year 17 (16,692) (19,444) Net asset* 213,785 190,793 lTrcomo funds Unrestrided funts - general 213,785 190,793 213,785 190,793 The notes on pages g to 15 form part of these financlal statemerts.

ISLINGTON COMMUNITY SPORTS ACADEMY BALANCE SHEET (CONTINUEDI ASAT31 MARCH 2024 The company 5$ enutled lo the exemption from the audit requirement Contained in 5ecb.on 477 of the Companles Act 2006. for the year ended 31 March 2024. The directors acknowledge tholr rèsponsibilities for complying with the requlrements or the Companie8 Act 2006 wllh respect lo accounting records and the preparallon of financial slalement5. The members have not reqLtired the Gompany lo obtain an audit of ils financlal ststeTn8nls for the year in question in accordance with section 476. These financlal statements have been prepared in accordance with the provislons applicable to Companles subject lo the small cofftpanies reglme. J,-li The financial stalem@nls were &pproved by the Trust on........... Mr L R Haglan Trustee oherty rust Coinpany roglstratlon numbBF 07844933

ISLINGTON COMMUNITY SPORTS ACADEMY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 AGcountlng pollcles Charty Inf0m￿tIon Isllngton Communty Sports Academy is a wtvale company limited by guarantee Incorporated in England and Wales. The registerèd offic8 is 20 Hazellville Road, London. N19 3LP. 1.1 Accountlng conventlon The financial statemen18 have been prepared in aco)rdance wrfh the tharlty's goveming documenl the Companies Act 2006. FRS 102 'The Flnanaal Reporting Standard applicable In the UK and Republle of Ireland. ('FRS 102°) and Ihe Charhles SORP "Accounting and Reportlng by ChariUe$.' Ststement ol R8commended Pracllce appllcable to chadtfes preparing Ihdr ac￿U￿1$ in accordance wlth the Financi81 Reporting Standard applicabie in the UK and Republi¢ of IreFand (FRS 102)" (effective 1 January 2019). The chanty Is a Public 8eneffit Entity as defined by FRS 102. The charlty has taken advantage ol the provlslons In the SQRP for charltles not lo pr6pare a St8taTrent of Cash Flows. The flnandal statements are prepar6d In 8terfing, which 18 the ftmdlonal CLsrrency of the charlty. Mondary amount$ In these financlal statements ere rounded to the nearest £ The financlal statements have been prèpared under the hl310ri(*l cost convention. The principal accountlng pjlldes adopted are sel out below. 1.2 Golng concern At the tlme of approvlng the financial statemBnts, the truslees have a reasonable expectallon that the charlty has adequate resources to contlnue In operatlonal 8xISten￿ for thè foreseeable ftjture. Thus the tntstees continue to adopt the going concem basis of accounting in prepartng the finandal statèments. 1.3 Charltablo funds Unre8lricted fund3 are av811able for use al Ihe disc¥ell¢)n of the trustees in furtheranrk of their charilabie oblectEvas. 1A Income Income is re¢ogni8ed whèn the charity is legally entltled to It after any perfomance conditions have b88n mel. the amounts can bè measured reliably, and It18 probabla that In￿rne will be received. Income from donatlon8 or grants Is recognised when there is evidence of entitlement to tt16 gift, recelpl probable and Its amount can be measured rg114bly, Income from donated g￿dS Is measured al thelr fair value of thè goods unles$ this Is Impractlcal to measure reliably, In whlch case the value is derived from the cost of the dOr￿f or the e8timated re8ale value. Donated f8cilitie6 and servlces afe recognlsed in the accounts when rocelved If the value can be reliably measured. No amounts 8ra Included for Ihe contribution of general vdunteers,

ISLINGTON COMMUNITY SPORTS ACADEMY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accountlng polici08 Icontlnued) 1.5 Ex￿ndItUre Expenditure is recognlsed oncé there Is a legal or construdNe obllgation to transfèr e¢onomlc benefit lo thlrd paty, It Is probable that a transfer of economlc ben6ffts wlll be required In settFemenL and the amount of th8 obltgation can be measured rdiabty. Expendlture Includes any VAT which cannot bè fvlly r8cov8red. and ￿ classlfied undgr headlngs of lh8 statement of finandal actlvllles to which It relates: expendliur8 on raiJFng funds includes the ¢ostg of all ftmdral8lng acliviues, events, non<hafltabJ6 trading athilles, and the sale of donaled goods. expendllure on charStable activllle8 irKlude8 all costs Sncurred by a charlty In widertaking a(#l¥itie$ that lurther its charftabl8 alms lor the b&n&fit of Sls beneficiaries, Includng ihose support costs and costs relatlng io the govemance of the charity apportion&d to ch8rltable aclivltles. other expendlture Indudes dl expendlturè thal Is nèither related to raisin9 fvnds for Ihe tharity nop part of Its axpendlture on charitabl8 actmtles. All cnsts ar0 811oGated to expendlture categor18s reftecling the itse of the resour¢6. Dlrect C￿18 attributable to slnglè adlvlty ar8 alloGated dlrectly to Ihat activity. Shar6d costs which contrlbute to more than onè activity and Support CDSts which are not 8￿1butable to a slngle activity are apportioned between those acti¥ftie5 on a basls conslstènl vAth th8 use of resourc*s. Central slaff costs are allocatèd on the basts of Ime spent, and depredation charges are allocated on the portlon of Ihe asset's use. 1.6 Tanglblo flxod assets Tanglble fixed asse18 am Inltlaty measured at cost 8nd wb8equently measurad al Cost or valualon, net dep￿latIOn and any Irnpa￿ent losse5. D6prechatlon Is recognlséd so 8S to wrfle off cost or vduallon of ass8is lass thelr resldual values over their useful Ilves on the following bases: Lèasehold ImFrovem8nts Fixtures and ffittings Motor ¥ehlcles over the life ofthe teas 20% straight line 20% rnduclng balance Assets In the o)urse ofcI￿$trULIIon are not depreclated. The galn or1085 arislng Dn the disposal of an assot18 detemilned as the difference between the sale proceeds and the eanylr¥J value of the asset, and Is recognised In the st81ement of finan¢lal 8Ctiwties. 1.7 Impalrment of fix￿ assets At each reporting end dats, the Charity revlews the carrying amounts ol Its tanglble assets to detennine wh8th8r th8r818 8ny Indicatlon that those assets have suffered an Impaimient loss. If any 6u¢h indkation exlsls, the recoverable amount of the assat Is 8Stlmatsd in order to d8terminè thé extenl of the ImFthent loss (If any). 1.8 Cash and cash equlvalents Cash and cash equivalents include cash In hand, deposlts held at caH with banks, other 8hort-18ftn Ilquld Inv8stm8nts vllh orlglnal malurttl68 of three months or less. and bank overdrafts. Bank overdrafts are shown wfthln borrowng8 in Gurrent Ilabllities, 10-

ISLINGTON COMMUNITY SPORTS ACADEMY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 A¢¢ountlng pollcles IContinu¢d) Basie financialassets Basic financlal assets, whlch Indude debtors and cash and bank balan￿5, are Inillally measured transaction prfco Incluthng transaotion costs and are 8ub8equ&ntly earrled at amortised eost usin9 ihe effe¢tive Interest method unless the arrangement Gonstitute5 a Inandng transaclion, where the transadion Is rneasu￿d at the presenl valu8 of the fvltsre recdpts dls¢ounted at a mark•t rate ol Interest. Financlal asset8 cla$slfied as re¢efv8ble within t>ne year are not amortised. Bask financlal Ilabmftles Baslc financial liabilitles. Includng credltors and bank loans are Inltlaliy recognlsed at transaction prfce unless the arrangement conslltutes a finangng transaction, where the debt Instrum8nt Is measured at the present value of the future payments discounted 8t 8 market rate of Intero8L Flnanclal Ilabllltles dassified as payable within one year are nol amortlsed. Trade cr8dltors are obligatlong to pay for goods or s8rvlce8 thal have been acquired In the ordlnwy 4Jwrse ol operatlons from Suwlers. Amount$ payabla are classlfied as current liabHllles If payment18 du8 llhln o year or less. If no( they are prosented as non-rajrient llabillti88, Trade ￿edItorS are recognised Iiwtially at transactlon wlce and sub5equenUy measured al amrytlsed cost using th8 effedve interest method, Dorncognlllon of finan¢lal llabllltles Finanda] Ilabilitles 8re derecognised Mrf)en the charfV$ wtractual obllgation8 expire or ar8 dlscharged or cancélled. Crltlcal a¢countlng èstlmates andJudgem•nts In the appncatlon of the charity's accountlng policies. the twstees are ￿qUIred to make judgem￿ esllmates and assumptions about the carrylng amount of asséts and liablllties that are not readity apparent from other PA[￿. The astim8te8 and associated assumptlons aro based on hlstorfcal experience pnd other factfxs ll￿1 are consklered io be relevanL Aciual rgsutt8 may differ frorn the8e 66timates. The esUmat88 and underlying 9$5umptlons are reviewed on an ongolng basls. Revlslons to aL￿Unting estimates are recognlsed In the perfod In whith the estimata 1$ révlsed there Ihe revlslon affects thaf period, or In th8 period of the revlsion and lubjre perlods wljeTe the revi8lon affects both current and ftrture period8, Donatlons and legaclos UnrestrICt￿ Unrg8trfctad funds funds 2024 2023 General donatlons Grants- London Borough of IslSngton Don8t8d goods and servlce8 17,048 12,000 39,914 7,280 29,048 47,194 11

ISLINGTON COMMUNITY SPORTS ACADEMY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Charltable activrtles Unfegtrlcted Funds 2024 Total Unrostrfctod 2024 Funds 2023 Total 2023 Sab of good8 as part of drect char6table 8¢tlvttl85 Boxtng dasses and lee8 Outreach sessions 10,684 388,511 19,718 10,684 388,511 19,718 6.839 334,343 30,960 6,B39 334,343 30,960 418,913 418,913 372,142 372,142 Other tradlng actlvnig• UTrrnslrlcted funds 2024 Total Unrestrktad funds 2023 Total 2024 2023 Fundraislnu events Hlre of facllities Olher aialvlti 101,889 13,302 101,669 13,302 88,480 11,874 8,360 88,480 11,674 Olherlradlng aGtlvllies 114,971 114.971 106,514 108.514 Inveglments Unrestrfthd Unrestrlct•d funds funds 2024 2023 Bank Internst rac8lvabl8 173 51 Ralglng funds Unrestrktsd Unrestrlcted lunds fund8 2024 2023 Fun(traS8lng c48ts 89,255 31,413 89,255 31,413 12-

ISLINGTON COMMUNITY SPORTS ACADEMY NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Charltable acuvltl Unrnstrkted fund9 2024 Total Unrestrlcted 2024 funds 2023 Total 2023 Depreclatlon and Impairment Dlred charFtable acuvilles Support cost Gov8m3nce 19,170 340,544 86,198 19,170 340,544 89,198 4,966 5,709 349,950 123,523 5,437 5,709 349,950 123.523 5,437 450,878 450.878 484,619 484,819 Not mov8mont In fund8 2024 2023 The net movement In fvnds is slated afier thargingl{crediting): Deprecialron of owned tsngli 4e ffixed a8sats Loss on disposal ot tanglble fixed assets 19,170 5,709 4,824 10 Independent examlnalon fees 2024 2023 Examinat1￿ ofthe thalitys annual a¢￿unIS 4,725 4,500 11 Trustees The following tnJste88 have r￿1Ved remun8ratlon under the Cha￿￿e$ Act 2011, and as agreed by the Committee. for the managemenl and professional seThlces provided to the charlty. These seNices incknde the general running and adminislratton of the Club on a dally basls. Mr R Hagland- £21,900 (2023. £21,600) Mr L Hagland- £24,500 (2023, £24,000). No remuner8tion orbeneflt8 were made to any trustee In regard5 to th8lr twslee duties. 12 Employee$ The average monlhly number of employees durtng Ihe year was.. 2024 Numbgr 2023 Number Totsl 13-

ISLINGTON COMMUNITY SPORTS ACADEMY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 12 Employees (Contlnued) There wer6 no employee8 wh08e annual remuneration wa8 mor8 than £60,000. 13 Other Total Total 2024 2023 Net loss on dlspo881 of tanglble tlxed assets 4,824 14 Taxatlon Tha charlty Is exempl frorn lax on Income and galns f8lllng vthhln sectlon 505 of the Taxes Ad 1988 or séctlon 262 of the Taxailon of Chargeable Galns Act 1992 to the extent that these are 8ppNed to its charitable objects. IS Tanglblo fixed assets Leasehold Flxtum and Mthrv•hlcl¢s land and bulldlngs Total At 1Aprll 2023 Addltlons 61,554 9,805 38.918 29,224 45,950 144,422 39,029 At 31 March 2024 71.359 66,142 45,950 183,451 Dopreclatlon and Impalmiont Al 1 Aprll 2023 Depredation tharged In the year 24,559 10.286 1,532 8,884 26,091 19,170 At 31 March 2024 10,418 45,261 C¥4rrylng amount Al 31 Marth 2024 71,359 31,297 3S,534 138.190 At 31 March 2023 61,654 12,359 44,418 118,331 16 Crodltors: amounts falllng dufr wlthln ono year 2024 2023 Notas Bank roan6 Aruuals and deferr8d Incom8 2,778 2.778 12,654 7.500 15,432 14.

ISLINGTON COMMUNITY SPORTS ACADEMY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED} FOR THE YEAR ENDED 31 MARCH 2024 17 CredFtorn: amounts falllng due aftor moro than on• year 2024 2m Notss Bank loans 16,692 19,444 18 Unrnslrlcted funds The unrestrtcted funds of the charity comprise the unexpended balance8 ofdonalions and grants ar• not subject to speclllc th￿dItIOns by donors arffl grantors as lo h¢yw Ih6y may be used, Thesè Include de81gnated fvrjds which have been set 88ide out of unrestrl¢ted lknds by the trustees for spedfic purp08es. At 1 Aprll 2023 Incoming Resources At 31 March ou￿8$ oxpend¢d 2024 General funds 190,793 563,105 (540,134 213,765 Prevlous year. At 1 Aprfl Incomlng Resourc￿ At 31 lllarch General funds 185,748 525,901 (520,858) 190,793 19 Related paty transactions There vlere r￿ dlsclosable related party transacllons duFlng the ye8r (2023- non8). 15-