REGISTERED COMPANY NUMBER.. 07864964 IEllg12nd alld Wales) RECISTERED CHARITY NUMBER.. 1147168 ort of the Trustees and Finanelal Statement5 for the Year Ended 31 March 2024 for London Ti ers Limited A co1 Limited b Guarantee JSS & Co Accounlants 26 Thorney Lan¢ South Iver BuekinghamshiT¢ SLO 9AE
London'fi ei'5 Limited Contents of the Financial Slalements f r the Year Ended 31 March 2024 Page Rttport of the TTUSt¢e5 Independent Ex2mineVs Report Slalement of Finantittl A¢tivi11¢5 Balance Shett Notes to the Finarttial Statements Detailed Statement of Financial Activiiies
London Ti erg Limited ort of the Tru8lc¢s f r the ye Ended 31 March 2024 The tni8lces wlio are also ditecioT8 of the cb8Tity for Iht purposes of th¢ CoTnpanies Act 2006. pr¢sent their Itport witli the financial statements of the charity for the year ended 31 March 2024. Th¢ trustee5 have adopted the provisions of Accountll)g and Reporting by Charilics.. Stat¢meDt of Rtcomincnd¢d Pr&ttice applicable to chaTities preparing Ilieii account$ in aecordaiice with the Financial Reporting St3ndaTd appltcable in the UK 3nd Republic ot IirlaDd IFRS 1021 (effective l Jiary 20191. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document Tiie charity is controlled by itsgoverning do¢umcnL ad¢¢d of Itus¢ and con8tststes alimited company. limitedby gu4r8nle4 as defin&J by die Coirpgnie5 Act 2006. REFERENCE AND ADMINISTRATIVE DETALLS Registered Company number 07864964 IEnEland alld Wale5) Registered Charity number 1147168 Registored offi¢e London Tigcrs Sport5 Complex West Avenue Soulhall London UBI 2AR Trustees R Boddy A Adgrarnola W Ahtned M Ahmed A Khan M Abdullah Company Secretary Independent Examlner JSS & Co Actounlattis 26 Thorney Lane South Ever Buckinghamshire SLO 9AE Approved by order of the board of trustees on 12 December2024 and signed on its beh21f by.. W Ahmed- Tn]5t¢e Pag¢ I
IPMI C4xaminerf Indepelldent eKHniitLÈf'S teportlo tIiEtrustees of Loiidon TIge Liiiiited {'the Company'l l i"eport to the charity IsteeS on my ÈXLwninatlOH Df IhÈ accounts of the Company lor Ihe year ended 31 Maych 2024. RtSPDnsibli ities and basKs of report As die £liaii(y's IleS of ihe Company (and also diroctots lor the purposes ol coiiipany lawl you are resportgible ti)r tho preparaiion of ill accounis in accordance i*iili Llie retiulreixeiii.% of Ihe CompaiJio5 Aci 20061'ihe 2006 Acl'l. Ilaving sauslied myself that llie accounts of the CoTLipany iiot requliEd ¢0 be audited undÈr Pari 16 of the 2006 Act and 3r eligible for Indeppndent ex3minaiion. I report respect of my Èxan)inatson ol your charity's aLLuDnts as cari'ied out under Seclioii 145 of the Chariues Act 2011 Cihe 20LI Actrl. carrying Dut my eXniall0 I have followed the Direaion5 given by ihe Chdiity Cominis5É0Li linder Se10 145(51 Ib) of the 2011 Acr. IndopEndent eKaffliner'$ stattmeni I have Cop101d my examinatTOO. I confirm thai no maiters have come 10 my aitentiort in conneciion with Ihe examinatiDn giving me cause EO belleye.. 8ccoui)IITig Fecords were Iiot kept respecr of the Company a5 Tequiredby 5ectioii 386 of the 2006 A£t.' or the accounts do ngt aLLor(l iqiih those records., or Ihe aECDUllll do iioT COIDply wirlj Ihe aL£oiiniing rpqlllremeni% of SÈcilon 396 of the 2006 Aci other thali ai)y Ttqulreilleiii Ihai Ihp actouAis have iioi b£eA piepared in accoidartce ivith iho rnCLhod3 and Principles ol Ihe Siaiernent of Recomipended PraciicE for atcouniing and ieporiing by charitios {applicable lty thariiles prepariiig thelr actoun15 in aetoidance wlth Ihe FiDan¢ial R¢porilng Siand8id applicable in Ihe UK and Ilepublic of Iieland IFRS 102)). I have no concenis aiid have come acr055 110 oilier niatters In coiinectS01i iviili the exaniinaiion tD which attention sliould be drawii In Ihls report in ordei'to enable a proper urtdersianding ol the atcounts 10 be reached. Jsu&co AC(X)UFnAhTS 26 TlaXN13Y LANE SOUTH IVER IIUCK& SIJ) 9AE IEL: 01753-650554 FAX: 01754?_783798 P Nagiiloswaran FFA FTA JSS & Co Accoiinianis 26 Thorney Lène Soulli Iver Buckinghatttshire SLO 9AE 16 December 2024 Pagè 2
LoiidonTi Statein¢nt of Financial Aclivilies for Ili¢ Year Ended 31 Marcli 2024 31.3.24 31.3.23 Unrtslricled funds Totsl funds Notes IiYCOME AND EINDOWMENTS FROM Donaltons and legacies Charitable activities Oihcr trading activiti¢S 82,328 152.749 62,786 110,138 Totsl 247.027 197703 EXPENDITURE ON Other 261.804 239 085 NET tNCOTrIEI{EXPENDITURE) {14,7771 (41 J821 RECONCILIATION OF FUNDS Total funds brOU}t foFWtrd 87.447 128,829 TOTAL FUNDS CARRIED FORWARD 72.670 The notes form part of these financial 5t&ten)ents Pag¢ 3
Londoii ¢r5 Limited Balance Sheet 3 1 March 2024 31.3.24 31.3.23 UnTestricl¢d fund5 Total funds Not¢s FIXED ASSETS Tangible wsels 3.793 4,462 CURRFNT ASSETS Debior5 6.381 Cash at bank and in hand 109 557 116859 109.557 123.240 CREDITORS Amounts fallingdue withi5] oneycar (40,680) {40.2551 NET CURRENT ASSETS 68.877 TOTAL ASSETS L&SS CURBKNT LIABILITIES 72.670 87,447 NET ASSETS 87,447 FUNDS Unrestricted funds 87.447 TOTAL FUNDS 72.670 87.447 The charitabl¢ rompany is entitled t(k exemption from audit under S¢dion 477 of the CompÈnit8 Act 2006 for the year ended 31 March2024. The members have not Tequired the company to obtain Bn audit of its finyllJcia] statements for the year ended 31 March 2024 ill atcordanc¢ with Section 476 of th¢ Compani¢s Aet 2006. Th¢ trustees acknowledge their r&gponsibilities for {a) ensuring that the charitable company keeps ¢01)tiftg r¢rords that comply with Sections 386 and 387 of the Comp8nies Act 2006 and preparing financial 5tatemtnts which givc atme and fairview of the slate of affbirs of the rharitable COTllParty a5 at the end of each finantial year and of it5 surplus ordeficit for eh financial year in accoTdtnce with the reqU¢emtS of Sections 394 3nd 395 aDd which otherwise comply willi the requirements of the Cotnpatties Act 2006 relating to fjnanciil slatcments, so faT as applicable to the chatitable company. Thes¢ fjnancial statements have be¢n preper¢d in accordance with th¢ provisions applicable to charitable companies subject to the small compani¢s regime. Th¢ fiftCIal st21ement5 were approved by th¢ Board of Twslees and authori5ed for issue on 12th December2024 and were signed on its behalf by: (b} A l<han. Ttust¢¢ W Ahmed- Trustee The notss fortn part of th¢s¢ financial statements Page 4
London Ti eTS Limited Notes to iht Finwicial Slalem¢nts for thc Ye2rEnded 31 March 2024 ACCOUNTINC POLICIES Basis of preparing the financial statements The financial slattinents of tht charitable cotnpJny, which is a publiG benefit entity under FRS 102. hav¢ been prepared accordance with the Chaiities SORP {FRS 102)'AccouNting and Reportingby Chgrilits.. Staternentof Recommeiided Practic¢ applicable to ¢harit1¢5 preparing tIi¢iT accouiits in accordance wilh lh¢ Financial Reporting Standard applicable in th¢ UK and Republic of Ireland IFRS 1021 leffeclive l January 2019),. Financial Reporting Standard 102 The Financial Reporting Standard applitable in the UK and Republic of Ireld, #nd the Companies Act 2006. Th¢ financial 5¢atements have been prepared under the lii5torical cost wnvention. l]Jtome All illcorne is recognistd in th¢ Slaltment of Financial Activities onec th¢ chlty has entitl¢mcnt to the funds. it is probable Ihat the income will bt rec¢ived, and tlie atnount can be measur¢d reliably. Expenditurt Liabilitie5 are recognised a5 expenditUTe 28 soon as there is & legal or constniclive obligation comtnilling th¢ charity to that expeiiditure, it IS PTobable that & transfer of ceonomic benefits will be required in settlement and the amoullt of the obligation t1 be measured reliably. Expenditure Is aecounted for an aecruals basis and has been classified under headings that 8ggregate all cost related to the category. Where costs cannot be directly attributed to particular headin they have been allocated to activities on abasis consistent with thr use of re50urce8. Tangible fixed xssets Depreciaiion is provid¢d at the following annual Tatts in order to write off each asset over its e8tim2led us¢ful life. TRXAtion The charity is exempt from corporation on its ch&Thtable activities. Fund acctsttrtting Unre*ritttd funds can be used in accordance with the charitable objectlVe5 at the di5CTetiort of th¢ tnisttes. R¢stricted fund5 ¢8n only b¢ used for particular SlE1cted purposes within the object5 of the charity. Restrictions aT15¢ when specified by the donor or when fllnds are raised forparticulaT Testricted pwoses. Further explanation of th6 nature and puyp05¢ of each fund is incSud¢d in thenot¢s to the finanGiaJ statements. Hire pur¢h&se le&sirtg eomrlliÉment5 Rentals paid under opeTating leases are chorged tothe Statementof Financial Activities on a straight line basis ov¢rthe period of the lease. Ptnsion tosts and other post-retirement benefits The chwitable cotnpany OPeTate8 a defined contribution pension scliern¢. Contributions payable to the charit&ble company's pension 5chtme aTe charg¢d to the StateTnent of Finantial Activities in the period to which they relat¢. OTIIKR TRADINGACTIVITIES 31.3.24 31.3.23 Fundraising Events 11.950 NET INCOMEI(EXPENDITURE) Net incomdlexpendits]re) is 5tat¢d after Charging1{cd1tfftg}'. 31.3.24 31.3.23 Depreciation- owntd ets Other operating le8ses 669 788 4.698 Pagc 5 continued...
London Ti crs Limited Notes to ihe Financial Statement r the Year Ended 31 Mairh 2024 continued TRUSTEES, REMUNERffjTION AND BENEFITS There werenotru$iets' remunETationorotheT benefits fortheyearended 31 March 2024 norforlh¢ye8r ended 31 Match 2023. Trllstee5 expenses There were no trtistee5' expenses paid for ihe year ¢nd¢d 31 March 2024 nor for th¢ ended 31 March 2023. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fulld5 INCOME AND ENDOWMENTS FROM Doiiations and legaoi¢g chitable activitleS Odier tFading activities 62,786 110,138 Total 197.703 EXPENDITURE ON Oth 239.085 NET JficoMEI(EXPENDITURE) 141.3821 RECONCILIATION OF FUNDS Total fundsbrought forward 128,829 TOTAL FUNDS CARRIED FORWARD TANGIBLE FIXED ASSETS Fixtures rjttings COST At I ApTiI 2023 and 31 March 2024 14,112 DEPRECIATION At l April 2023 Ch8rg¢ foryear 9.650 669 At 31 Morch 2024 10.319 NET BOOKVALUE At 31 MaTth 2024 3,793 At 31 March 2023 4.462 Page 6 continued...
London Ti eis Limited Note5 to the Financial Stat¢ments- con forthe Year Ended 31 March 2024 inued DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.24 31.3.23 TFade debtors 6,381 CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YKAR 31.3.24 31.3.23 Trade credTtor8 Accrued expenses 39.660 39.379 876 40,680 40,255 MOVKMENT IN FUNDS Net Inovemtnt in funds At 1.4.23 At 31.3.24 Unrtstricted futtds General fund 87,447 {14.7771 72,670 TOTAL FUNDS 14.7771 Net mov¢ment in fund4 included irt the above art as follows.. Incoming resources ResouTees expended Movement in fvnds Unrestricted fynds Qeneral fund 247.027 1261,804) (14,7771 TOTAL FUNDS 247.027 261.8041 14.777) Comparatives for movement in funds N¢t movement in fund$ At 1.4.22 At 31.3.23 Unrestricted futtd5 General fund I28.9 141,382) 87.447 TOTAL FUM)S 128,829 41382) 87,447 Page 7 continued...
London Ti ers Limited Nolcs lo the Fin1¢&1 Sta ements- conti for Iheyear Ended 31 March 2024 ed io. MOVEMENT IN FUNDS- continued Comparative net mOv¢tAt in fid5, included in the above ar¢ 4$ follow5= Incoming iesvurces Rtsource5 expended Movement iii funds Unre5tritÉed fund5 General fund 197,703 {239.0851 141,3821 TOTAL FUNDS 197.703 239,0851 1413821 A ctsrrentyear l2 months and ptior year 12 montbs combined posltion is os follows.. Net movern¢nt in fiinds At 1.4.22 At 31.3.24 Unrestricted funds General hnd 128,829 {56,1591 72.670 TOTAL FUNDS 128.829 56 159) 72,670 A current year 12 months and PTiOT year l2 months combined movement in futtd& included in the above tsre as follows.. Mov¢inent in funds Incoming resources Resourc¢5 txp¢nd¢d Unrestricted funds General fiind 444.730 (500,889) 156,159) TOTAL FUNDS 444,730 500 8891 56.1591 ii. RELATKD PARTY DISCLOSURES Ther¢ wtte no rclat¢d paty transactions for th¢ yearended 31 M8rch 2024. Page 8
London Ti ers Liinited Detailed Statement of Finantial Activities for the Year Ended l March 2024 31.3.24 31.3.23 INCOME AND ENDOWMENTS DollAtions And lega¢ies Grants & Funding Mttnbership & Subscriptions 63,750 18,578 42,336 20.450 82,328 62.786 Charitsble ActLVLties FundrAising 152,749 10,138 OtILer *rading actiyitits Fundrassing Events TotAI irteoming resources 247,027 197.703 EXPENDITURE Support costs ManAgement Telephone Offi¢4 Fostage and Stationery Publicity & Markcling Repair5 & Maintenance Cle8ning & Refusc collectiotl 485 1.735 627 24,982 454 1,102 865 30,879 8.814 39.433 42,114 Finllnc OITicc Rent Water Rates fnsurance Light and Heat Bank charge6 Card Solution ChaTges Activity I Programme delivery 12,917 1,149 3,795 18.991 50 722 53.039 4.698 834 3.869 12.381 1,279 90,663 68.041 Governance c(k5ts Staffing & Coaching costs Pensions Manag¢tDent & consultancy Accountanty and Legal fees Profession fees Fixtsr¢5 and filtings 97,144 739 30,000 1.224 1.932 669 93.890 473 30,0(M) 1.596 2,183 788 131.708 128 930 Total r¢50urtes expended 261.804 239 085 expenditure 14 7771 Thi5 pag¢ do¢$ not forni part of the statutory financial statements Page 9