Charity reglstratlon number 1146888 (England and Wales)
Company reglstration number 07844933
ISLINGTON COMMUNITY SPORTS ACADEMY
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

ISLINGTON COMMUNITY SPORTS ACADEMY
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mr L R Hagland
Mr M P Doherty
Mr D Ilan Spiro
MrA Howard
Mr SA O'Neill
Mr J A Richards
Mr R Hagland
Secretary
Mr L R Hagland
Charlty number (England and Wales)
1146888
Company number
07844933
Reglstsred office
20 Hazellvllle Road
London
N193LP
Independent examlner
Alwyns LLP
Crown House
151 High Road
Loughton
Essex
IG10 4LG

ISLINGTON COMMUNITY SPORTS ACADEMY
CONTENTS
Page
Trustees, report
Statement of trustees, responsibilities
Independent examiner's report
Statement of financial activities
Balance sheet
Notes to the financlal statements
9-15

ISLINGTON COMMUNITY SPORTS ACADEMY
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 MARCH 2025
The trustees present their annual report and financial ststements for the year ended 31 March 2025.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the
financial statements and comply with the charlty's goveming document, the Companies Act 2006 and "Accounting
and Reporting by Charities: Statement of Recommended Practlce applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS
102)" (effectlve 1 January 2019).
Objectives and actlvities
Islington Community Sports Academy works wlth local young people and adults, particularly those that other
organisatlons may find difficult to engage with., our mission being to equlp them wlth the motivation, self confidence
and networks they need to change their lives, through the vehicle of competitive sport and health and fitness
activities. Our vlslon and mission are underpinned by the following values..
Being open, responsive and accountable
Seeking and providing best value for money
Promoting sustainable development
Putting service to 'our community, first
Valulng our volunteer coaches and staff
Working in partnership
To achleve our vision and mission we will..
Provide sporting opportunities from grass roots to excellence
Provide quality sporting f8cllltles
Ensure the club is well run
Invest In the club's facilities and the membership
Regularly seek feedback and views and respond to suggestions
Celebrate our successes.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the
charity should undertake.
Achlevements and perfomiance
The Club has continued to grow during 202412025 and we are fortunate that we continue to be stable in all our
actlvities.
The Competitive Section of the Club continues to be extremely popular with over 110 boxers competing on behalf of
the club, we have seven national titles, four representing England at the tri natlons, numerous regional and box cup
champions. We also retained the trophy for most successful club at the Capltal Box Cup 2025. The academy
classes at both junior and senlor level continue to be very busy and recreational and personal one to ones thrive.
The ULEZ Grace Period for the dub minibus GL64 YKU, expires in October 2025, with no option for us to extend,
leaving us with no option but to sell the vehicle, we do not expect to recoup much due to its age and the ULEZ
restrictions. We wlll need to stsrt fundraising for a replacement vehicle.
The club contlnues to grow financially, and the office staff are working tlrelessly to keep moving forward. This is
putting pressure on the workforce with the increased workload and in the future the situation may 8rise that we
require more staff.
The cub dinner boxing evenings were prevlously held at the Royal National Hotel and now all of our open boxing
shows at Haverstock School on a regular basis. We wlll continue to use Haverstock School for Open shows along
with joint shows we run alongside Northolt ABC and Uxbrldge ABC. These events are much needed and a great
way to showcase our boxers competing and putting out the club's name In the spotllght In a very posltive way.

ISLINGTON COMMUNITY SPORTS ACADEMY
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Flnanclal revlew
The overall fi'nances for the club have been solid throughout the year. Classes and membership are running at a
consistent high level with several classes fvll to the capacity limit on a regular basis. One to one private coaching Is
still going strong, wlth a consistent cllent base, numbers have increased. which is bringing in a solid revenue for the
club. We have successfully hosted two Boxlng Dlnner Shows and four open shows in the year along with joint
shows with Northolt and Uxbridge Boxlng Clubs.
The club has invested a fair bit of money in several items that were required or needed to be repL4ced. We
purchased a new minibus (£46K) in January 2023 and Invested heavily in new Gardio machines (£26K) along with
renewlng equipment as and when it needed replaclng. The club also purchased x70 pairs of competition bo￿ng
shorts along with stock replacement of club vests (£7k).
Our current sponsors, Geo F Trumper and Griffin Scaffoldlng have continued to support the club and we are
extremely grateful to have them working alongside us. The Yes charity have also very been generous b) their
Sponsorship of equipment for the club. Queensbury Promotions sponsored the club to the tune of £20k. We hope
that they continue their sponsorshlp in the years to come. We have also been working closely with a charity called
Boxwise. This. we believe. has been a good partnership for both sides. We have run several very suc￿ssful weekly
Iralning courses over the past year and our members have received numerous tickets to large professional boxing
events which promotes our club in a good Ilght.
We are still seNicing the Business Bank Loan and the figure is now under £17k outstanding. The repayments per
month are easily achievable, therefore we do not see a need to clear the debt, as the interest is very, very minimal.
Overall, the club is continuing to grow, running at its maximum in many areas. We contlnue to look to the future with
the building project still moving along, albeit very slowly. We hope and feel that in the next year, major Steps will be
tsken in regard the building.
It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be
maintained at a level equivalent to between three and six month's expenditure. The trustees consider that reserves
at this level wlll ensure that, in the event of a signlficant drop In funding, they will be able to continue the charlty's
current activities while consideration is given to ways in whlch additional funds may be raised. This level of reserves
has been maintained throughout the year.
Plans for future perlods
The majority of our classes are full to capaclty, completely sold out on our booking system days tefore the session,
which is good for the club, but unfortunately frustratlng for our members. We have made a concerted effort to utilise
the daytlme hours more, but this is difficult for various reasons, although we have grown a fair bit in this way.
Bulldlng Project:
The new build project is currently with the planning department of the London Borough of Islington. We expect to
make larger strides in the coming year and be much nearer the goal of achieving the project.
Structure. governance and management
The charity is a company limited by guarantee, incorporated on 11 November 2011 and registered as a charity on
12 April 2012. The company was establlshed under a Memorandum of Association, which est8blished the objects
and powers of the charitable company and is governed under its Articles of Association. In the event of the company
being wound up members are required to contribute an amount not exceeding £5.

ISLINGTON COMMUNITY SPORTS ACADEMY
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
The Islington Community Sports Academy has a Management Committee of up to 12 members who meet quarterly
and are responsible for the strategic dir@Gtion and policy of the charity. At present the Committee has members from
a variety of professional backgrounds relevant to the work of the charity. A scheme of delegation is in place and day-
to-day responsibility for the provi8lon of the services rests with the Administration Manager. The Manager has
responsibility for the day-today oper8tlonal management of the Centre, Indivldual supervlsion of the staff team and
also ensuring that the team continues to develop their skllls and worklng practices in line with good practice.
The trustees, who are also the directors for the purpose of company law, and who seN@d during the year and up to
the date of signature of the financial statements were:
Mr L R Hagland
Mr M P Doherty
Mr D Ilan Spiro
MrA Howard
Mr RA Callaghan
Mr S A O'Neill
Mr J G Mitchell
Mr J A Richards
Mr R Hagland
(Resigned 29 August 2025)
(Resigned 29 August 2025)
The dlrectors of the company are also the charlty's trustees for th8 purposes of charity law and under the company's
Articles 8re known as members of the Management Committee. Under the requirements of the Memorandum and
Articles of Association the members of the Management Committee are elected to serve for a period of three years
after which they must be re-elected at the next Annual General Meeting. Any expenses reclaimed from the charity
are set out In the accounts.
Small company provlsions
This report has been prepared in accordance with the provision applicable to companles entitled to the small
companies exemption.
The trustees, report was approved
the Board of Trustees.
Mr L R Hagland
Trustee
Doherty
Trustee
Date:

ISLINGTON COMMUNITY SPORTS ACADEMY
STATEMENT OF TRUSTEES, RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2025
The trustees, who are also the dlrectors of Islington Community Sports Academy for the purpose of Company law,
are responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law
and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accountlng Practlce).
Company law requir@s the trustees to prepare financlal statements for each financial year which give a true and fair
view of the state of affairs of the charity and of the incoming reSour￿S and appllcatlon of reSoUr￿s, including the
income and expendlture, of the charitable company for that year.
In preparing these financial statements, the trustees are requlred to..
select sultable accounting policies and then apply them consistently.,
observe the methods and principles in the Charities SORP;
make judgements and estlmate8 that are reasonable and prudent.
state whether applicable UK Accounting Standards have been followed, subject to any material departures
disclosed and explained in the flnancial statements., and
prepare the financlal statements on the going concern basls unless it is inapproprlate to presume that the charity
will contlnue in operation.
The trustees are responsible for keeping adequate accounting records that disclose wlth reasonable accuracy at
any time the financial position of the charsty and enable them to ensure that the financial statements comply with the
Companles Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking
reasonable steps for the preventlon and detection of fraud and other irregularities.

ISLINGTON COMMUNITY SPORTS ACADEMY
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF ISLINGTON COMMUNITY SPORTS ACADEMY
I report to the trustees (who are also Directors for the purposes of company law) on my examination of the financial
statements of Islington Community Sports Academy {the charity) for the year ended 31 March 2025 which comprise
the Statement of Flnanclal Actlvltles, the Balance Sheet and related notes.
This report is made solely to the charity's trustees, as a body. in accordance with section 145 of the Charities Act
2011. My work has been undertaken so that I might state to the charity's trustees those matters l am required to
state to them In thls report and for no other purpose. To the fullest extent permltted by law, I do not accept or
assume responslbillty to anyone other than the ch8rlty and the charlty's trustees as a body, for my work, for this
report, or for the opinions I have fomed.
Responslbllltles and basis of report
As the trustee8 of the charity (and also its directors for the purposes of company law), you are responsible for the
preparatlon of the financial statements in accordance with the requirements of the Companies Act 2006.
Havlng satisfied myself that the financlal statements of the charity 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 the charity's
financial statements carrled out under section 145 of the Charltles Act 2011 (the 2011 Act). In carying out my
examinatlon I have followed all the appllcable Directions given by the Charity Commission under section 145(5)(b)
ofthe 2011 Act.
An Independent examination does not involve gathering all the evidence that would be required in an audit and
consequently does not cover all the matters that an auditor considers in giving thelr opinion on the financial
statements. The planning and conduct of an audit goes beyond the Ilmlted assurance that an independent
examination can provide. Consequently l express no opinion as to whether the financial statements present 8 'true
and fair, view and my report is limited to those specific matters set out in the independent examlner's statement.
Independent examlner's statement
Since the charity's gross Income exceeded £250,000, the Independent examiner must be a member of a body listed
in sectlon 145 of the Charities Act 2011. 1 confirm that l am qualified to undertake the examinatlon because l am a
member of ICAEW, which is one of the Ilsted bodies.
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 that in any material respect..
accounting records were not kept in respect of the charity as required by section 386 of the Companies Act
2006.
the financial statements do not accord with those records. or
the fin8ncial statements do not comply with the accounting requirements of section 396 of the Companies Act
2006 other than any requirement that the financial statements give a twe and fair view, which is not a matter
considered as part of an independent examination. or
the financial statements have not been prepared in accordance with the methods Snd principles of the
Statement of Recommended Practice for accounting and reporting by Charities applicable to charities
preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK
and Republlc of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to whlch attention
should be drawn I this re
n order to enable a proper understandlng of the financial statements to be reached.
Ms J A Rickle
Alwyns LLP
Crown House
151 High Road
Loughton
Essex
IG10 4LG
D8ted:

ISLINGTON COMMUNITY SPORTS ACADEMY
STATEMENT OF FINANCIALACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
Unrestrlcted Unrestrlcted
funds
funds
2026
2024
Notes
Income from:
Donations and legacies
Charitable activities
Other trading actlvities
Investments
60,379
446,090
99,900
666
29.048
418,913
114,971
173
Totsl Income
607,035
563,105
Expendlture on:
Ralsing funds
Charitable activities
75.613
503,287
89,255
450,878
Total exp8ndlture
578,900
540,133
Net Income and movement In funds
28,135
22,972
Reconclllatlon of funds:
Fund balances at 1 April 2024
213.765
190,793
Fund balances at 31 March 2025
241,900
213,765
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure
dertve from contlnuing activities.
The notes on pages 9 to 15 fomi part of these financial statements.

ISLINGTON COMMUNITY SPORTS ACADEMY
BALANCE SHEET
ASAT31 MARCH 2025
2025
2024
Notes
Flxed assets
Tangible assets
14
139,343
138,190
Current assets
Debtors
Cash at bank and In hand
q5
1,477
122,660
99,767
124,137
99,767
Credltors.. amounts falllng due withln
one year
16
(7,691)
(7,500)
Net current assets
116,446
92,267
Total assets less current Ilabllltles
255,789
230,457
Credltors: amounts falllng due after
more than one year
17
(13,889)
116,692)
Net assets
241,900
213,765
Income funds
Unrestricted funds - general
241,900
213,765
241,900
213,765
The notes on pages 9 to 15 fomi part of these ftnancial statements.

ISLINGTON COMMUNITY SPORTS ACADEMY
BALANCE SHEET (CONTINUED)
ASAT31 MARCH 2025
The company is entitled to the exemption from the audit requirement contalned In sectlon 477 of the Companles Act
2006, for the year ended 31 March 2025.
The directors acknowledge their responslbllities for complying with the requirements of the Companies Act 2006
with respect to accounting records and the prepar8tion of financial statements.
The members have not required the company to obtaln an audit of its financlal statements for the year in questlon in
accordance with section 478.
These financial ststements have been prepared In accordanGe with the provlsions appllcable to companies subject
to the small companies regime.
The financial statements were ap
oved by the Trustees on ... .
Mr L R Hagland
Trustee
Mr M P Doherty
Trustee
Company registratlon number 07844933

ISLINGTON COMMUNITY SPORTS ACADEMY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accountlng pollcles
Charlty Infomiatlon
Islington Community Sports Academy Is a prlvate company limited by guarantee incorporated in England and
Wales. The registered office Is 20 Hazellville Road, London, N19 3LP.
1.1 Accountlng conventlon
The financial statements have been prepared in accordance wlth the charity's governing document, the
Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of
Ireland. ("FRS 102.) and the Charities SORP "Accountlng and Reporting by Charitles: Statement of
Recommended Practice applicable to charities preparlng thelr accounts In accordance with the Financial
Reportlng Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The
charffity Is a Public Benefit Entty as deflned by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of
Cash Flows.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary
amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The prlncipal accounting
policies adopted are set out below.
1.2 Golng concern
At the time of approving the financlal statements, the trustees have a reasonable expectation that the charity
has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees
continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestrfcted funds are available for use at the discretion of the trustees In furtherance of thelr charitable
objectives.
1.4 Income
Income Is recognlsed when the charity is legally entitled to it after any perfomiance conditions have been met.
the amounts can be measured reliably, and it is probable that income will be received.
Income from donations or grants is recognised when there is evidence of entitlement to the gift. recelpt is
probable and its amount can be measured reliably.
Income from donated goods is measured at thelr fair value of the goods unless this is impractical to measure
reliably, In which case the value is derived from the cost of the donor or the estimsted resale value. Donated
facilities and services are recognised in the accounts when received if the value can be reliably measured. No
amounts are included for the contribution of general volunteers.

ISLINGTON COMMUNITY SPORTS ACADEMY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accounting pollcles
(Contlnued>
1.5 Expendlture
Expendfture is recognlsed On￿ there Is a legal or constructive obligation to transfer economlc benefit to a
thlrd party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of
the obligatlon can be measured reliably.
Expenditure Includes any VAT which cannot be fully recovered, and Is classified under headings of the
statement of financlal activities to which it relates:
expendlture on ralslng funds includes the costs of all fundraising actÈvities, events, non-charitable
trading activities, and the sale of donated goods.,
expenditure on charitable activitles Includes all costs Incurred by a charlty In undertaking actlvitles
that further its charitable aims for the beneflt of its benefi'ciaries, including those support costs and
costs relating to the governance of the charity apportioned to charitable activities.
other expenditure includes all expenditure that is neither related to raising funds for the charity nor
part of its expenditure on charitable actlvities.
All costs are allocated to expenditure categorles reflectlng the use of the resource. Dlrect costs attributable to
a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity
and support costs which are not attributable to a single activity are apportioned between those actThiities on a
basls conslstent wlth the use of resources. Central staff costs are allocated on the basls of tlme spent, and
depreciatlon charges are allocated on the portion of the asset's use.
1.6 Tanglble flxed assets
Tangible fi'xed assets are initially measured at cost and subsequently measured at cost or valuation, net of
depreciation and any impairment losses.
Depreclatlon is recognised so as to write off the cost or valuation of assets less their residual values over their
useful lives on the following bases-
Leasehold improvements
Fixtures and fittings
Motor vehicles
over the life of the lease
200/0 Straight line
200/0 reducing balance
Assets in the course of construction are not depreciated.
The gain or Ioss 8rising on the disposal of an asset is detemiined as the difference be￿een the sale proceeds
and the carrying value of the asset, and is recognised In the ststement of flnancial activities.
1.7 Impalrnient of flxed assets
At each reporting end date, the charity reviews the carrylng amounts of Its t8nglble assets to determine
whether there is any indication that those assets have suffered an Impaimient loss. If any such indication
exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment
loss (tf any).
1.8 Cash and cash equlvalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquld
investments with original maturltles of three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.
10-

ISLINGTON COMMUNITY SPORTS ACADEMY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accountlng pollcles
(Contlnued
1.9 Flnanclal Instruments
The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12
'other Fln8ncl81 Instruments Issues, of FRS 102 to all of Its financlal instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the
contractual provisions of the instrument.
Flnancial assets and liabilities are offset, with the net amounts presented in the financial statements, when
there Is a legally enforceable right to set off the recognlsed amounts and there is an intention to settle on a net
basis or to reallse the asset and settle the liability simultaneously.
Baslc flnancial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at
transaction price Includlng transaction costs and are subsequently carried at amortised cost using the effective
interest method unless the arrangement constitutes a flnancing trsnsaction, where the transaction is
measured at the present value of the future receipts discounted 8t a market rate of interest. Financial assets
lassified as recelvable within one year are not amortised.
Baslc flnanclal Ilabllltles
Basic financial liabilitles, includlng creditors and bank loans are initially recognlsed at transaction price unless
the arrangement constitutes a financlng transaction, where the debt instrument is measured at the present
value of the future payments discounted 8t a market rate of interest. Financial liabilities classified as payable
wlthln one year are not amortised.
Trade creditors are obllgations to pay for goods or services that have been acqulred in the ordlnary course of
operations from suppliers. Amounts payable are Glassrfied as current liabilities if payment is due within one
year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initlally at
transaction price and subsequently measured at amortised cost using the effective interest method.
Derecognition of Ilnanclal Ilabllltles
Financial liabilities are derecognlsed when the charity's contractual obligations expire or are dlscharged or
cancelled.
Crltlcal accountlng estlmates and Judgements
In the application of the charity's accounting pollcies, the trustees are required to make judgements, estimates
and assumptions about the carrying amount of assets and liabilities that are not readlly apparent from other
sources. The estimates and assoclated assumptions are based on historical experlence and other factors that
are considered to be relevant. Actual results may differ from these estimates.
The estlmates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estlmates are recognised in the period in which the estimate is revised where the revision affeots only that
period, or in the period of the revision and future periods where the revision affects both current and future
periods.
11

ISLINGTON COMMUNITY SPORTS ACADEMY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Donations and legacle8
Unrestrlcted Unre8trlcted
funds
funds
2026
2024
General donatlons
Grants - London Borough of Islington
60,379
17,048
12,000
60,379
29,048
Charltable actlvltles
Unrestrlcted
Funds
2025
Total Unrestrlcted
2025
Funds
2024
Total
2024
Sale of goods as part of direct charitable activities
Boxing classes and fees
Outreach sessions
6,397
430,433
9,260
6,397
430,433
9,260
10,684
388,511
19,718
10,684
388,511
19,718
446,090
448,090
418,913
418,913
Other tradlng actlvttles
Unrestricted
funds
2025
Total Unrestrlcted
funds
2024
Totsl
2025
2024
Fundraising events
Hire of facilities
82,203
17,697
82,203
17,697
101,669
13,302
101,669
13,302
other trading activities
99,900
99,900
114,971
114,971
Investments
Unrestrlcted Unrestricted
funds
funds
2025
2024
Bank interest receivable
666
173
12-

ISLINGTON COMMUNITY SPORTS ACADEMY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Ralslng fund8
Unrestrlcted Unrestrlcted
funds
funds
2025
2024
Fundraisin
Fundraising costs
75,613
89,255
75,613
89,255
Charltsble actlvltles
Unrestrlcted
funds
2025
Total Unrestrlcted
2025
funds
2024
Total
2024
Depreciation and impairment
Direct charitable activities
Support cost
Governance
19,891
382,951
95,578
4,869
19,891
382,951
95,576
4,869
19,170
340,544
86,198
4,966
19,170
340,544
86,198
4,966
503,287
503,287
450,878
450,878
Net movement In funds
2025
2024
The net movement in funds Is stated after chargingl{creditlng):
Depreciation of owned tanglble fixed assets
19,891
19,170
10 Independent examlnatlon fees
2026
2024
Examination of the charity's annual accounts
4,869
4,725
13-

ISLINGTON COMMUNITY SPORTS ACADEMY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
11 Trustees
The following trustees have received remuneration under the Charities Act 2011, and as agreed by the
Committee, for the management and professlonal seNices provided to the charlty. These services include the
general runnlng and adminlstratlon of the Club on 8 dally basis.
Mr R Hagland- £21,600 (2024.. £21,900)
Mr L Hagland- £26,400 {2024: £24.500).
No remuneration or benefits were made to any trustee in regards to their trustee dutles.
12 Employees
The average monthly number of employees durlng the year was..
2026
Number
2024
Number
Total
There were no employees whose annual remuneration was more than £60,000.
13 Taxatlon
The charity Is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section
256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.
14 Tanglble fixed assets
Leasehold FlxtuRs and Motor vehlcle8
land and
fittings
bulldlngs
Total
Cost
At 1 April 2024
Additions
Disposals
71,359
86,142
21.044
(18,5321
45,950
183,451
21,044
(18,532)
At 31 March 2025
71,359
68,654
45,950
185,963
Depreclatlon and Impalrment
At 1 Aprll 2024
Depreclatlon charged in the year
Eliminated in respect of disposals
34,845
12,784
(18,532)
10,416
7,107
45,261
19,891
(18.532)
At 31 March 2025
29,097
17,523
46,620
Carrylng amount
At 31 March 2025
71,359
39,557
28,427
139,343
At 31 March 2024
71,359
31,297
35,534
138,190
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ISLINGTON COMMUNITY SPORTS ACADEMY
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
14 Tanglble flxed assets
{Contlnued)
15 Debtors
2025
2024
Amounts falllng due wlthln one year:
Prepayments and accrued Income
1,477
16 Credltors: amounts falllng due wlthln one year
2025
2024
Notes
Bank loans
Accruals and deferred income
2,778
4,913
2,778
4,722
7,691
7,500
17 Credltors: amounts falling du8 after more than one year
2025
2024
Notes
Bank loans
13,889
16,692
18 Unrestrfcted funds
The unrestricted ￿ndS of the charity comprise the unexpended balances of donations and grants which are
not subject to specific conditlons by donors and grantors as to how they may be used. These Include
designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
At 1 April
2024
Incoming
resources
Resources At 31 March
expended
2026
General funds
213,765
607,035
(578,900)
241,900
Prevlous year:
At 1 Aprfl
2023
Incomlng
resources
Resources At 31 March
expended
2024
General funds
190,793
563.105
(540,133)
213,765
19 Related party transactlons
There were no disclosable related party transactions during the year (2024 - none).
15-