REGISTERED CHARITY NUMBER: 1164277
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023
FOR
LONDON BASKETBALL ASSOCIATION
LONDON BASKETBALL ASSOCIATION
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023
| Page | |
|---|---|
| Report of the Trustees | 1 to 4 |
| Independent Examiner's Report | 5 |
| Statement of Financial Activities | 6 |
| Balance Sheet | 7 |
| Notes to the Financial Statements | 8 to 16 |
LONDON BASKETBALL ASSOCIATION
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2023
The trustees present their report with the financial statements of the charity for the year ended 31 July 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 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The promotion of community participation in healthy recreation by the provision of basketball and basketball related activities and the advancement of education for the public benefit in such ways as the trustees see fit.
Significant activities
Throughout the year, we engaged disadvantaged communities and young people with our basketball, educational, mentorship and employability activities.
Our weekly basketball sessions were vital for communities as it provided them with a safe space where they can stay active, engage with peers & mentors and develop key life skills. We pride ourselves in offering free weekly basketball sessions across four boroughs during this difficult period which has seen our communities struggle with the cost-of-living crisis. In addition, our sessions allowed disadvantaged young people across London to connect, break barriers and build long-term relationships.
We delivered basketball holiday camps across the six school holidays and half terms which saw great engagement and an opportunity for young people to stay active during the school breaks. Our Ball & Eat Camps - which are part of the Holiday and Food (HAF) Programme to support low-income households - provided vital extracurricular activities and food to the most disadvantaged young people across our communities.
Another major event during the year was the 3x3 tournament that we ran during the February 2023 half term in partnership with London Youth. We engaged over 100 young people from various youth clubs, and brought together communities that would never have the opportunity to connect.
Our employability programmes which include qualifications training, volunteering, work experience and internships, provided young people with opportunities to boost their confidence, gain soft & hard skills, and access paid work within basketball as well as other fields.
We have numerous case studies of young people who were disengaged from extracurricular activities prior to participating in LBA programmes. We raised the aspirations of young people by engaging them through our basketball activities, and then presented them with further opportunities to volunteer / intern with us, as well as get qualified as basketball coaches and officials.
As well as providing immense benefits for participants, our holiday activities were an excellent breeding ground for us to train up the new generation of basketball coaches who completed the practical aspect of our coaching qualification at the camps. Shadowing our experienced head coaches, newly qualified coaches were able to get certified at the camps whilst gaining invaluable practical experience which then allowed them to lead sessions and get paid jobs as a result.
We delivered the 2022/23 Westminster Secondary School League for the U14 Boys, U14 Girls, U16 Boys and U16 Girls categories. We engaged over 480 young people during the season.
Additionally, we supported the planning and delivery of the Greenhouse School Basketball League which saw 19 schools participate, engaging 456 young people.
The vast majority of the young people we engaged in the Westminster and Greenhouse School Leagues come from low-income households (evidenced by their free school meals eligibility), highlighting our commitment to reach the most marginalised communities.
Policy on social investment
We open our resources to the wider community, allowing more collaboration and adding a valued presence in the basketball realms.
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LONDON BASKETBALL ASSOCIATION
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2023
OBJECTIVES AND ACTIVITIES
Contribution made by volunteers
We are grateful for the 72 volunteers / interns who supported us across all departments and played a key role in LBA’s success. Whether in the office or at our basketball sessions, camps and events across London, volunteers provided us with their skills, amazing enthusiasm and manpower.
LBA's Volunteering and internship Programme provided essential opportunities for disadvantaged youth to develop vital life and employability skills. Volunteers had the chance to engage on the ground, supporting LBA activities at venues across the capital.
Equally as important were the volunteers / interns in the office who performed the more administrative and project management side of our work which laid the foundation for LBA’s activities and events.
We received amazing feedback from volunteers / interns as they love the environment we provide them and the confidence, soft and hard skills they are able to gain.
We are committed to providing an amazing volunteering / internship experience where young people gain the necessary confidence and practical experience to prosper and become productive members of society. In addition to our basketball activities and qualifications training, we consider volunteering a key programme that we offer to boost young people’s confidence and employability skills.
ACHIEVEMENT AND PERFORMANCE
Summary of main achievements of the charity
The impact of our work is felt throughout the communities that we serve. Our young people and their families have faced hardships due to the cost of living crisis. We provided much-needed community basketball programmes, including free weekly basketball sessions, school holiday camps, tournaments and events. This gave young people an avenue to not only stay active on a regular basis, but also interact with their communities, build friendships and learn from each other.
We strongly believe in the community impact of our work, connecting young Londoners from across the capital and building resilience amongst young people. Our basketball activities have had numerous multiplier effects, including keeping young people safe, achieving community cohesion, promoting volunteering, and providing mentoring support through interactions with trusted adults.
We qualified 128 young people as Basketball coaches and officials, providing them with meaningful vocational training which has allowed them to gain paid work from LBA as well as the wider community. We recruit many of our coaches and officials from LBA basketball sessions, which highlights the effectiveness of using the sport as a hook to certify young people from deprived communities, allowing them to work and earn money from the game that they love.
FINANCIAL REVIEW
Principal funding sources
LBA has a robust fundraising strategy which helps us raise funds from grants as well as income from services. Grants make up the majority of income, though we are working towards diversifying income streams to increase self-sustainability. Revenue generated from non-grant sources came in the form of:
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Coach and Officials Hiring Services - Kids’ Birthday Parties - School Leagues & Competitions - Basketball Freestyler Sessions
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Holiday Activities
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One-off, bespoke consultancy service
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LONDON BASKETBALL ASSOCIATION
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2023
FINANCIAL REVIEW
Reserves policy
The London Basketball Association and its Trustees believe that unrestricted reserves should be in the region of 6 months for the following reasons:
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Provide sufficient working capital for the following year, particularly to provide against a downturn in revenue generation
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Mitigate the risk of unforeseeable expenditure
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To ensure that delays in the receipt of expected income do not interrupt services or cause financial difficulty for charity
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Invest in organisational development, strengthening our institutional infrastructure to better support front-line delivery and boost long-term stability and sustainability
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes a Charitable Incorporated Organisation.
The type of governing document is a Constitution.
Recruitment and appointment of new trustees
Apart from the first charity trustees, every trustee must be appointed for a term of four years by a resolution passed at a properly convened meeting of the charity trustees. In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO.
Organisational structure
Trustees review monthly management reports; risk registers; compliance with policies and procedures (safeguarding, financial policy, volunteer policy).
CEO manages day to day activities; liaises with partner agencies; supervises Project Manager and team; completes management reports; oversees monitoring and evaluation.
Project Manager recruits and supervises volunteers; monitoring and evaluating; risk assessments; partnership work with community groups and police to assess gang activity and hot spot areas.
LBA is working in partnership with numerous amazing organisations to support vulnerable young people.
These organisations include councils such as Brent, Westminster and Lambeth. We also work with other partners such as AllOfficials, London Youth, Young Westminster Foundation, Westminster Sports Unit and Youth Clubs across London. We continue to expand our network and develop new partnerships to share resources, reduce costs, increase reach, and achieve synergy, allowing LBA to maximise its impact for the benefit of marginalised communities.
Induction and training of new trustees
We are providing many courses for the induction and training of staff, such as First Aid, Health and Safety, and GDPR to name a few. We also linked to CVS’s across London and other relevant organisations such as Sported and London Youth. We are able to approach them for guidance on topics such as recruiting trustees and training for trustees. We also signpost personal development training to trustees throughout the year.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1164277
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LONDON BASKETBALL ASSOCIATION
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2023
Principal address
9 Bradison Road London W9 3HN
Trustees
H Bhui Miss O Glasgow (resigned 14.6.2023) V Qamili (resigned 23.3.2023) R Mushiso M Haria-Shah (appointed 1.7.2023) E Eytan (appointed 1.7.2023) C Soprano (appointed 1.7.2023) F Johnson (appointed 1.7.2023) O Cohen (appointed 1.7.2023) J Boyle (appointed 1.7.2023)
Independent Examiner
S Mackie FCA Morris Crocker Chartered Accountants Station House North Street Havant Hampshire PO9 1QU
Approved by order of the board of trustees on ............................................. and signed on its behalf by: 18/5/2024
................................................................. H Bhui - Trustee
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LONDON BASKETBALL ASSOCIATION
Independent examiner's report to the trustees of London Basketball Association
I report to the charity trustees on my examination of the accounts of London Basketball Association (the Trust) for the year ended 31 July 2023.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
S Mackie FCA
Morris Crocker Chartered Accountants Station House North Street Havant Hampshire PO9 1QU 20/05/2024 Date: .............................................
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LONDON BASKETBALL ASSOCIATION
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2023
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 1,364 Charitable activities 3 Community basketball 66,038 Total 67,402 EXPENDITURE ON Raising funds 3,257 Charitable activities 4 Community basketball 20,527 Total 23,784 NET INCOME/(EXPENDITURE) 43,618 RECONCILIATION OF FUNDS Total funds brought forward 158,422 TOTAL FUNDS CARRIED FORWARD 202,040 |
Restricted funds £ 197,651 - 197,651 - 193,677 193,677 3,974 - 3,974 |
2023 Total funds £ 199,015 66,038 265,053 3,257 214,204 217,461 47,592 158,422 206,014 |
2022 Total funds £ 127,844 167,104 294,948 731 309,221 309,952 (15,004) 173,426 158,422 |
|---|---|---|---|
The notes form part of these financial statements
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LONDON BASKETBALL ASSOCIATION
BALANCE SHEET 31 JULY 2023
| Notes CURRENT ASSETS Debtors 9 Cash at bank CREDITORS Amounts falling due within one year 10 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 12 Unrestricted funds Restricted funds TOTAL FUNDS |
2023 £ 5,602 201,571 207,173 (1,159) 206,014 206,014 206,014 202,040 3,974 206,014 |
2022 £ 14,454 145,310 159,764 (1,342) 158,422 158,422 158,422 158,422 - 158,422 |
|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 18/5/2024 ............................................. and were signed on its behalf by:
............................................. H Bhui - Trustee
The notes form part of these financial statements
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LONDON BASKETBALL ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, 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 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
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 tax on its charitable activities.
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.
Pension costs and other post-retirement benefits
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
Financial instruments
The charity only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable and investments in stocks and shares. The measurement basis used for these instruments is detailed below.
Debtors and cash at bank
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Cash at bank and in hand included cash held on deposit or in a current account.
Creditors and provisions
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
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LONDON BASKETBALL ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2023
2. DONATIONS AND LEGACIES
| DONATIONS AND LEGACIES | ||
|---|---|---|
| Donations Grants |
2023 £ 1,365 197,650 199,015 |
2022 £ 876 126,968 |
| 127,844 |
The charity benefits greatly from the involvement and enthusiastic support of its many volunteers, details of which are given in our annual report. In accordance with FRS 102 and the Charities SORP (FRS 102), the economic contribution of general volunteers is not recognised in the accounts. In calculating the contribution of volunteers the charity estimates that volunteer time of 7,459 hours has helped save the charity £87,922 in costs.
Grants received, included in the above, are as follows:
| London youth Wembley national stadium trust John Lyons charity The London Community St Giles Shelton GLA Young Londoners European Sports Charter National Lottery Community Fund LB Wandsworth Young Westminster Foundation Physical Activity Leisure and Sports The Persimmon Charitable Foundations Little Lives UK Boost Charitable Trust The Edward Gostling Foundation KFC Foundation Brent Council The Worship Company of Weavers Octavia Foundation Localgiving Ltd Westminster Amalgamated Charity Thomas Wall Trust City of Westminster Charitable Trust The Hedley Foundation London Borough of Lambeth Jack Petchey Foundation DWF LLP England Basketball The London Marathon Foundation Jordan Sinnott Foundation Track Academy |
2023 £ 4,680 - 40,000 1,000 10,000 - - 77,257 2,500 19,294 11,207 - - - - 1,977 - - 9,190 500 - - - - 2,400 900 1,210 2,500 4,250 2,808 5,977 197,650 |
2022 £ 1,500 2,500 4,000 24,118 - 26,880 7,200 - - 9,849 667 1,000 1,500 750 3,050 2,000 3,847 9,680 8,175 500 5,000 5,000 7,192 2,560 - - - - - - - |
|---|---|---|
| 126,968 |
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LONDON BASKETBALL ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2023
3. INCOME FROM CHARITABLE ACTIVITIES
| 3. INCOME FROM CHARITABLE ACTIVITIES |
||
|---|---|---|
| Activity Coaching fees Community basketball Courses Community basketball 4. CHARITABLE ACTIVITIES COSTS Direct Costs £ Community basketball 200,096 |
2023 £ 64,038 2,000 66,038 Support costs (see note 5) £ 14,108 |
2022 £ 93,551 73,553 |
| 167,104 | ||
| Totals £ 214,204 |
5. SUPPORT COSTS
| SUPPORT COSTS | |
|---|---|
| Governance | |
| costs | |
| £ | |
| Community basketball | 14,108 |
Support costs, included in the above, are as follows:
Governance costs
| 2023 Community basketball £ Accountancy and legal fees 12,968 Independent examiners fee 1,140 14,108 |
2022 Total activities £ 2,942 1,140 4,082 |
|---|---|
6. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 July 2023 nor for the year ended 31 July 2022.
Trustees' expenses
During the year no trustees (2022: none) were reimbursed out of pocket expenses totalling £0 (2022: £0).
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LONDON BASKETBALL ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2023
7. STAFF COSTS
| 2023 | 2023 | 2022 | 2022 | |
|---|---|---|---|---|
| £ | £ | |||
| Wages and salaries | 126,243 | 176,527 | ||
| Social security costs | 7,386 | 9,023 | ||
| Other pension costs | - | 929 | ||
| 133,630 | 186,479 | |||
| The average monthly number of employees during the year was as follows: | ||||
| 2023 | 2022 | |||
| Charitable | 4 | 7 | ||
No employees received emoluments in excess of £60,000.
Key management personnel
The key management personnel of the charity comprise the Chief Executive Officer, and the Project Manager. The total employee benefits of the key management personnel of the charity were £65,873 (2022: £84,361). The Project Manager left their role in November 2022.
8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted fund £ INCOME AND ENDOWMENTS FROM Donations and legacies 3,044 Charitable activities Community basketball 167,104 Total 170,148 EXPENDITURE ON Raising funds 732 Charitable activities Community basketball 184,420 Total 185,152 NET INCOME/(EXPENDITURE) (15,004) RECONCILIATION OF FUNDS Total funds brought forward 173,426 TOTAL FUNDS CARRIED FORWARD 158,422 |
Restricted funds £ 124,800 - 124,800 (1) 124,801 124,800 - - - |
Total funds £ 127,844 167,104 |
|---|---|---|
| 294,948 | ||
| 731 309,221 |
||
| 309,952 | ||
| (15,004) 173,426 |
||
| 158,422 |
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LONDON BASKETBALL ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2023
9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Trade debtors Other debtors VAT 10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other creditors 11. ANALYSIS OF NET ASSETS BETWEEN FUNDS Unrestricted Restricted fund funds £ £ Current assets 203,199 3,974 Current liabilities (1,159) - 202,040 3,974 12. MOVEMENT IN FUNDS At 1.8.22 £ Unrestricted funds General fund 158,422 Restricted funds National Lottery Community - TOTAL FUNDS 158,422 |
2023 £ 951 4,054 597 5,602 2023 £ 1,159 2023 Total funds £ 207,173 (1,159) 206,014 Net movement in funds £ 43,618 3,974 47,592 |
2022 £ 14,454 - - 14,454 2022 £ 1,342 2022 Total funds £ 159,764 (1,342) 158,422 At 31.7.23 £ 202,040 3,974 206,014 |
|---|---|---|
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LONDON BASKETBALL ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2023
12. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds John Lyons St Giles Shelton Brent Council National Lottery Community London Youth LB Wandsworth Young Westminster Foundation KFC Foundation Better Lives Community Fund Magic little Grants Jack Petchey Foundation London Marathon Foundation DWF LLP London Borough of Lambeth Physical Activity Lesuire and Sports England Basketball Jordan Sinnott Foundation Trust Track Academy TOTAL FUNDS |
Incoming resources £ 67,402 40,000 10,000 1,000 77,257 4,680 2,500 19,294 1,977 9,190 500 900 4,250 1,210 2,400 11,207 2,500 2,808 5,978 197,651 265,053 |
Resources Movement expended in funds £ £ (23,784) 43,618 (40,000) - (10,000) - (1,000) - (73,283) 3,974 (4,680) - (2,500) - (19,294) - (1,977) - (9,190) - (500) - (900) - (4,250) - (1,210) - (2,400) - (11,207) - (2,500) - (2,808) - (5,978) - (193,677) 3,974 (217,461) 47,592 |
|---|---|---|
Comparatives for movement in funds
| Unrestricted funds General fund TOTAL FUNDS |
At 1.8.21 £ 173,426 173,426 |
Net movement in funds £ (15,004) (15,004) |
At 31.7.22 £ 158,422 |
|---|---|---|---|
| 158,422 |
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LONDON BASKETBALL ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2023
12. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds John Lyons London Community GLA Young Londoners European Sports Charter Brent Council London Youth Young Westminster Foundation Little Lives UK Boost Charitable Trust The Edward Gostling Foundation KFC Foundation Love where you live The Weavers Benevolent Fund Better Lives Community Fund Magic little Grants Thomas Wall Trust Winter 2022 Awards City of Westminster Charitable Trust The Hedley Foundation TOTAL FUNDS |
Incoming resources £ 170,148 4,000 24,117 26,880 7,200 2,847 1,000 9,849 1,500 5,750 3,050 2,000 1,000 9,680 8,175 500 5,000 2,500 7,192 2,560 124,800 294,948 |
Resources Movement expended in funds £ £ (185,152) (15,004) (4,000) - (24,117) - (26,880) - (7,200) - (2,847) - (1,000) - (9,849) - (1,500) - (5,750) - (3,050) - (2,000) - (1,000) - (9,680) - (8,175) - (500) - (5,000) - (2,500) - (7,192) - (2,560) - (124,800) - (309,952) (15,004) |
|---|---|---|
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LONDON BASKETBALL ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2023
12. MOVEMENT IN FUNDS - continued
John Lyons - This grant is for covering core costs including CEO's salary in order to allow LBA to deliver its youth programmes, benefitting users living in the boroughs of Brent, Westminster, Kensington and Chelsea, Barnet, Camden, Ealing, Hammersmith and Fulham, and Harrow.
London Community - This grant was used for core & project costs including staff salaries and Sessional workers for the benefit of young people living in LBA's target areas.
City of Westminster Charitable Trust - This grant was used for project Costs including sessional workers to allow LBA to deliver youth projects, benefiting users in the borough of Westminster.
GLA Young Londoners - This grant was used for project Costs including sessional workers to allow LBA to deliver youth projects in the boroughs of Brent and Lambeth.
City of London - This grant was used for project costs for the benefit of young people living in LBA's target areas.
European Sports Charter - This grant was for project costs to deliver youth activities for the benefit of young people living in LBA's target areas.
Brent Council - This grant was for project costs to deliver youth activities for the benefit of young people in Brent.
London Youth - Funding for weekly thursday basketball sessions at St Augustine's Sport Centre.
Young Westminster Foundation - This grant was for project costs to deliver youth activities for the benefit of young people in Westminster.
Little Lives UK - This grant was for project costs to deliver youth activities for the benefit of young people living in LBA's target areas.
KFC Foundation - This grant was for project costs to deliver youth activities for the benefit of young people living in LBA's target areas.
The Weaver's Benevolent Fund - This grant was for project costs to deliver youth activities for the benefit of young people living in LBA's target areas.
Octavia - Better Lives Community Fund - This grant was for project costs to deliver youth projects for the benefit of young people in Westminster.
Magic Little Grants - This grant was for project costs for the benefit of young people living in LBA's target areas.
Thomas Wall Trust - This grant was for project costs to deliver youth activities for the benefit of young people living in LBA's target areas.
Wembley National Stadium Trust - Winter 2022 Awards - This grant was for project costs to deliver youth activities for the benefit of young people in Brent.
Basketball England - This grant was for project costs to deliver youth activities for the benefit of young people in LBA’s target areas.
Greenhouse Sports - This grant was for project costs to deliver youth activities for the benefit of young people in LBA’s target areas.
Jordan Sinnott Foundation Trust - This grant was for project costs to deliver youth activities for the benefit of young people in LBA’s target areas.
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LONDON BASKETBALL ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JULY 2023
12. MOVEMENT IN FUNDS - continued
Westminster City Council - This grant was for project costs to deliver youth activities for the benefit of young people in Westminster.
13. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 July 2023.
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