# **REGISTERED COMPANY NUMBER: 07943755 (England and Wales) REGISTERED CHARITY NUMBER: 1151073** Report of the Trustees and Unaudited Financial Statements for the Year Ended 28 February 2023 for URBAN TABLE TENNIS CLUB Fazal & Co Chartered Certified Accountants 62 Westbury Road Northwood Middlesex HA6 3BY URBAN TABLE TENNIS CLUB Contents of the Financial Statements for the Year Ended 28 February 2023 ||Page| |---|---| |Report of the Trustees|1| |Independent Examiner's Report|2 to 3| |Statement of Financial Activities|4| |Balance Sheet|5 to 6| |Notes to the Financial Statements|7 to 10| |Detailed Statement of Financial Activities|11| URBAN TABLE TENNIS CLUB ## Report of the Trustees for the Year Ended 28 February 2023 The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 28 February 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015). ## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document** The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number** 07943755 (England and Wales) **Registered Charity number** 1151073 ## **Registered office** 32 Eastlea Avenue Watford Hertfordshire WD25 9DG ## **Trustees** K A Urban A Hirji S Cowan ## **Independent examiner** Fazal & Co Chartered Certified Accountants 62 Westbury Road Northwood Middlesex HA6 3BY Approved by order of the board of trustees on 30 October 2023 and signed on its behalf by: ............................................. K A Urban - Trustee Page 1 Independent Examiner's Report to the Trustees of URBAN TABLE TENNIS CLUB I report on the accounts for the year ended 28 February 2023 set out on pages four to ten. ## **Respective responsibilities of trustees and examiner** The charity's trustees (who are also the directors for the purposes of company law) are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required. Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to: - examine the accounts under Section 145 of the 2011 Act - to follow the procedures laid down in the General Directions given by the Charity Commission (under Section 145(5)(b) of the 2011 Act); and - to state whether particular matters have come to my attention. ## **Basis of the independent examiner's report** My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view ' and the report is limited to those matters set out in the statements below. ## **Independent examiner's statement** In connection with my examination, no matter has come to my attention: - (1) which gives me reasonable cause to believe that, in any material respect, the requirements - to keep accounting records in accordance with Section 386 and 387 of the Companies Act 2006; and - to prepare accounts which accord with the accounting records, comply with the accounting requirements of Sections 394 and 395 of the Companies Act 2006 and with the methods and principles of the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) have not been met; or - (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Page 2 Independent Examiner's Report to the Trustees of URBAN TABLE TENNIS CLUB M Fazal Fazal & Co Chartered Certified Accountants 62 Westbury Road Northwood Middlesex HA6 3BY Date: 30 October 2023 Page 3 URBAN TABLE TENNIS CLUB ## Statement of Financial Activities for the Year Ended 28 February 2023 |||28.2.23|29.2.22| |---|---|---|---| |||Unrestricted|Unrestricted| |||fund|funds| ||Notes|£|£| |**INCOME AND ENDOWMENTS FROM**|2||| |Donations and grants|
|7,815|2,000| |Coaching and matches||45,221|34,029| |**Total**||53,036|36,029| |**EXPENDITURE ON**|3||| |Administrative expenses||51,447|40,445| |Governance costs||1,500|1,500| |**Total**||52,947|41,945| |**NET (DEFICIT) INCOME**||89|(5,916)| |**RECONCILIATION OF FUNDS**|||| |**Total funds brought forward**||1,514|7,430| |**TOTAL FUNDS CARRIED FORWARD**||1,603|1,514| ## **CONTINUING OPERATIONS** All income and expenditure has arisen from continuing activities. The notes form part of these financial statements Page 4 ## URBAN TABLE TENNIS CLUB ## Balance Sheet At 28 February 2023 ||||28.2.23|29.2.22| |---|---|---|---|---| ||||Unrestricted|Unrestricted| ||||fund|fund| ||Notes|£|£|£| |**CURRENT ASSETS**||||| |Stock|||-|-| |Debtors|5||-|5,000| |Cash at bank and in hand|||4,653|6.014| ||||4,653|11,014| |**CREDITORS**||||| |Amounts falling due within one year|6||(3,050)|
(9,500)| |**NET CURRENT ASSETS**|||1,603|1,514| |**TOTAL ASSETS LESS CURRENT**||||| |**LIABILITIES**|||1,603|1,514| |**NET ASSETS**|||1,603|1,514| |**FUNDS**|7|||| |Unrestricted funds|||1,603|1,514| |**TOTAL FUNDS**|||1,603|1,514| The notes form part of these financial statements Page 5 continued... URBAN TABLE TENNIS CLUB ## Balance Sheet - continued ## At 28 February 2023 The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023. The members have not required the charitable company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for - (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and - (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. The financial statements were approved by the Board of Trustees on 30 October 2023 and signed on its behalf by: ............................................. K A Urban - Trustee The notes form part of these financial statements Page 6 URBAN TABLE TENNIS CLUB Notes to the Financial Statements for the Year Ended 28 February 2023 ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Taxation** The charity is exempt from corporation tax on its charitable activities. ## **Stock** Stock has been valued at the lower of cost and net realisable value. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Page 7 URBAN TABLE TENNIS CLUB Notes to the Financial Statements - continued for the Year Ended 28 February 2023 ## **2. Voluntary Income** ||29.2.23|29.2.22| |---|---|---| ||£|£| |Donations and grants|7,815|2,000| ## **3. NET INCOME/(EXPENDITURE)** Net income/(expenditure) is stated after charging/(crediting): |Governance costs|28.2.23
£
1,500|29.2.22
£
1,500| |---|---|---| ## **4. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 28 February 2023 nor for the year ended 28 February 2022. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 28 February 2023 nor for the year ended 28 February 2022 ## **5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** ||28.2.23|29.2.22| |---|---|---| ||£|£| |Trade debtors|-|5,000-| |**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||| ||28.2.23|29.2.22| ||£|£| |Other creditors|1,550|8,000| |Accrued expenses|1,500|1,500| ||3,050|9,500| ## **6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** Page 8 ## **7. MOVEMENT IN FUNDS** |At
**Unrestricted funds**
General fund
**TOTAL FUNDS**|1.3.22
Net
movement
in funds
At 28.2.23
£
£
£
1,514
89
1,603
1,514
89
1,603| |---|---| Page 9 URBAN TABLE TENNIS CLUB Notes to the Financial Statements - continued for the Year Ended 28 February 2023 ## **8. MOVEMENT IN FUNDS – continued** Net movement in funds, included in the above are as follows: ||Incoming|Resources|Movement| |---|---|---|---| ||resources|expended|in funds| ||£|£|£| |**Unrestricted funds**|||| |General fund|53,036|(52,947)|89| |**TOTAL FUNDS**|53,036|(52,947)|89| ## **9. RELATED PARTY DISCLOSURES** Coaching fees of £500 (2022:£1,050) were paid to a relation of K.A Urban. Page 10 URBAN TABLE TENNIS CLUB ## Detailed Statement of Financial Activities for the Year Ended 28 February 2023 |**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations and grants
Coaching and matches
**Total incoming resources**
**EXPENDITURE**
**Other trading activities**
Purchases and direct costs
Coaching and training
Hall hire
**Support costs**
**Management**
Travelling
Subscription
Telephone
Printing, postage & stationery
Advertising
Sundries
Accountancy
Legal and professional
**Other**
Bank charges
**Total resources expended**
**Net Income / (Deficit)**|28.2.23
£
7,815
45,221
53,036
53,036
11,458
17,399
15,301
44,158
7,077
-
-
-
-
212
1,000
500
8,789
-
52,947
89|28.2.22
£
2,000
34,029
36,029
36,029
2,117
24,564
10,138
36,819
3,145
-
330
144
-
-
1,000
500
5,119
7
41,945
(5,916)| |---|---|---| Page 11