## **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