RAMGARHIA SPORTS & SOCIAL CLUB (A COMPANY LIMITED BY GUARANTEE)
ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
Charity registration number: 1147758 Company registration number: 8104880
Contents
| Page | |
|---|---|
| Legal and administrative information | 2 |
| Statement of financial activities | 3 |
| Balance sheet | 4 |
| Notes to the financial statements | 5 |
Reference and Administrative Information
Charity name
Ramgarhia Sports and Social Club
Charity registration number 1147758 Company registration number 8104880 Registered office and address 8 Randolph Road Southall Middlesex UB1 1BN
Management committee and Directors/Trustees
Sirbrajan Singh Rayet Kartar Singh Ryatt Pritpal Singh Manku Survkeet Singh Plaha Phuphinder Singh Sagoo Jatinder Singh Chaggar Manoharpal Singh Seyan Ranjit Singh Manku Sachdev Singh Seyan
Bankers
Lloyds Bank plc 26 The Broad Way Southall, Middlesex UB1 1JT
2
Statement of financial activities
For the year ended 31 March 2024
Statement of financial activities
For the year ended 31 March 2024
| INCOME RESOURCES Voluntary Income Donation Charitable Generating funds Charitable Activites Sports Sections income Total Incoming Resources RESOURCES EXPENDED Cost Generating Fund Cost for Charitable Activities Sports Section Expenditure Overheads Total Resources expended Net Incoming/(Outgoing) Resources Net outgoing resources before Other recognised gains and losses Other recognised gains and losses Net movements in funds Reconciliation of funds: Total Funds brought forward Total Funds carried forward |
Unrestricted Funds Restricted Funding Total £ £ £ 2024 2024 2024 326 3,712 4,038 - 20,501 20,501 - 806 806 5,376 450 5,826 |
Total Funds £ 2023 764 1,067 - 1,129 |
|---|---|---|
| 5,701 25,469 31,170 - 15,850 15,850 - - - 1,478 4,906 6,384 4,752 3,700 8,452 |
2,960 - - 2,510 466 |
|
| 6,230 24,456 30,686 |
2,976 | |
| (528) 1,013 484 - - - |
(16) - |
|
| (528) 1,013 484 - - - |
(16) - |
|
| (528) 1,013 484 (717) 4,938 4,221 |
(16) 4,237 |
|
| (1,245) 5,951 4,705 |
4,221 |
3
Balance Sheet
As at 31 March 2024
| Fixed Assets Investments Total Fixed Assets Current Assets Debtors Cash at bank and in hand Total Current Assets Liabilities Creditors: Amounts falling due within 1 year Net Current Assets Total Assets less Current Liabilities Total Net Assets The Funds of the Charity: Unrestricted Funds Restricted Funds TOTAL FUNDS |
2024 2023 £ £ - - |
|---|---|
| - - |
|
| 1,000 1,000 4,195 3,985 |
|
| 5,195 4,985 | |
| 490 764 | |
| 4,705 4,221 | |
| 4,705 4,221 | |
| 4,705 4,221 | |
| (1,245)(717) 5,951 4,938 |
|
| 4,705 4,221 |
Approved by the Board on 20/01/2025 and signed on their behalf by:
Sirbrajan Rayat, Director
4
Notes to the financial statements
1. Accounting Policies
The principal accounting policies are summarized below. The accounting policies have been applied consistently throughout the year and in the preceding year.
Basis of accounting
The financial statements have been prepared under the historical cost convention and in accordance with the Companies Act 2006 the Statement of Recommended Practice: Accounting and Reporting by Charities issued in March 2005.
Fund accounting
Unrestricted funds are available for use at the discretion of the directors in furtherance of the general objectives of the charity.
Restricted funds are funds allocated by the Management Committee for particular purposes, such as the development of sports facilities.
Incoming resources
All incoming resources are included in the statement of financial activities when the charity is entitled to, and virtually certain to receive, the income and the amount can be quantified with reasonable accuracy.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred.
2. Company limited by guarantee
Company is limited by guarantee and consequently does not have share capital . In the event of the company being wound up members are required to contribute an amount not exceeding £10.
3. Directors’ remuneration
No members of the Management Committee received any remuneration during the year (2024: none).
4. Taxation
As a charity, Ramgarhia Sports & Social Club is exempt from taxation.
5. Movement in funds
| Unrestricted funds Restricted funds 2024 £ 2024 £ Total funds brought forward (717) 4,938 Net incoming resources (528) 1,013 Total funds carried forward (1,245) 5,951 |
Total funds Total funds 2024£ 2023 £ 4,221 4,237 484 (16) 4,705 4,221 |
|---|---|
5