2021-12-31-accounts

Registered number: Charity number: 1182367

ACHIEVING GOALZ AND DREAMS

(A company limited by guarantee)

UNAUDITED

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2021

ACHIEVING GOALZ AND DREAMS (A company limited by guarantee)

CONTENTS

	Page
Reference and administrative details of the Charity, its Trustees and advisers	1
Trustees' report	2 - 3
Trustees' responsibilities statement	4
Independent examiner's report	5
Statement of financial activities	6
Balance sheet	7 - 8
Notes to the financial statements	9 - 19

ACHIEVING GOALZ AND DREAMS (A company limited by guarantee)

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2021

Trustees	Surinder Kaur
	Lynne Page
	Andi Purewal
	Charlotte Keogh
	Karamjit Singh
Charity registered number 1182367 Registered office 35 Foster Avenue Hednesford Cannock WS12 4HN

Page 1

ACHIEVING GOALZ AND DREAMS

(A company limited by guarantee)

TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2021

Objectives

1. Work with all partners to restart school programmes. These programmes are essential to the growth of AGD.

2. Endeavour to grow P.E. programmes in schools.

3. Endeavour to make better use of vehicles and transport young people to sessions.

4. Continue to grow business.

Activities and Achievements

1. A huge congratulations to Bal, Nicola, Ethan, Craig, Kimbo, Jess, Joel, and Luke for their efforts on community sessions using funds from the bounce back loan. Despite national restrictions, the team were able to put on some fantastic outdoor sessions for young people and kept them engaged and away from causing antisocial behaviour.

2. A great success with getting programmes back up and running in schools for Summer Term 1 and 2. AGD had 4 clubs running with 25 young people in each.

3. Community sessions in parks across Cannock and Staffordshire University Academy were well attended, generally attended by 35-40 young people each session. Many of the young people are on the ‘risk register’ with Cannock Police, Social Services, and the Early Help Team. As well as being at risk of permanent exclusion/vulnerable, so it has been great to see so many young people being mentored by AGD staff.

4. The SPACE programme was a huge success. A massive thank you to Bal, Alice, Tom, Craig, Luke, Kimbo, Jess, Joel, Navi, Zoe, Nicola, and AGD volunteers: Ash, Amir, Connor and Alfie. We had over 1,500 young people attend SPACE.

5. We had over 1,000 young people benefit from our HAF programme and over 100 young people benefit from our mental-health programme with Cornerstone. We were able to support young people ages 8-18, as well as all abilities. After numerous lockdowns, it has been a triumphant success getting back out there and supporting our local communities.

6. The young people we worked with now have better access to services in leisure and can attend more of our sessions for free.

7. AGD were able to support some volunteers to NOVA training for apprenticeship advice and supplied references to numerous more to help the young people gain employment. These young people will be kept on our secure database and will be contacted for our upcoming sessions.

8. Well done to Bal for forging new partnership with Queens Ridge.

9. Well done to Bal, Nicola, and Navi, working often without pay, to rebuild the business throughout the pandemic and after.

10. Bal in partnership with AGD changed vehicles to ensure AGD had two smaller vehicles to support trips and offer schools disability access for 2021.

Future Plans

1. Secure extra funding for HAF programmes.

2. Secure funding for POCA programme.

3. Increase client base.

4. Make better use of new disability access vehicle.

5. Prepare programmes for SPACE programmes.

6. Re-approach PRUs and forge new partnerships.

7. Work with other two care homes alongside Queens Ridge.

8. Work with Staffordshire Police on any new ASB projects.

Page 2

ACHIEVING GOALZ AND DREAMS

(A company limited by guarantee)

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021

The Trustees present their annual report together with the financial statements of Achieving Goalz and Dreams for the year 1 January 2021 to 31 December 2021. The Annual report serves the purpose of both a Trustee’ report and a directors’ report under company law. The Trustees confirm the Annual report and the financial statements of the charitable company comply with the current statutory requirements, the requirements of the company’s governing document and the provision of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019).

Since the Company qualifies as small under section 382 of the Companies Act 2006, the Strategic report required of a medium and large copmanies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulation 2013 has been omitted.

Structure, Governance and Management

Achieving Goalz and Dreams was registered as a Charitable Incorporated Organisation on 7 March 2019. The governing document is the Constitution. The management of the Company is the responsibility of the Trustees who are elected and co-opted under the terns of the Constitution.

Public Benefit

In setting objectives and planning for activities, the Trustees have given due consideration to the general guidance published by the Charity Commission relating to public benefit, including the guidance ‘Public benefit: running a charity (PB2)’.

Aims

1. To continue building AGD brand and ethos.

2. To continue supporting local communities to setup more community projects.

3. To continue encouraging local communities and young people to take part in sporting activities and health and nutrition sessions.

4. To continue good work with schools, community venues and other projects and ensure they are satisfied with our services and efforts.

5. To continue providing bespoke mentoring on mental health and well-being.

6. To provide more ASBO projects to discourage young people away from petty and more serious crimes.

7. To work closely with Cannock Chase District Council and Staffordshire Police on ASBO projects.

Financial Review

Our income was £31,716 and expenditure £37,761. General unrestricted funds are negative £9,886 which will be being addressed 2022.

Reserves policy

The company aims to hold general (unrestricted) reserves of three months running costs. The present reserves do not represent this due to COVID 19 but the aim is to build the reserves during 2022.

Approved by order of the members of the board of Trustees on 4 January 2023 and signed on their behalf by:

Charlotte Keogh (Trustee)

Page 3

ACHIEVING GOALZ AND DREAMS

(A company limited by guarantee)

STATEMENT OF TRUSTEES' RESPONSIBILITIES FOR THE YEAR ENDED 31 DECEMBER 2021

The Trustees (who are also the directors of the Charity for the purposes of company law) are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the Trustees to prepare financial statements for each financial . Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:

• select suitable accounting policies and then apply them consistently;

• observe the methods and principles of the Charities SORP (FRS 102);

• make judgments and accounting estimates that are reasonable and prudent;

• state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;

• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business.

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by order of the members of the board of Trustees on 4 January 2023 and signed on its behalf by:

Charlotte Keogh (Trustee)

Page 4

ACHIEVING GOALZ AND DREAMS (A company limited by guarantee)

INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2021

Independent examiner's report to the Trustees of Achieving Goalz and Dreams ('the Charity')

I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 31 December 2021.

Responsibilities and basis of report

As the Trustees of the Charity (and its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the Charity's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1. accounting records were not kept in respect of the Charity as required by section 386 of the 2006 Act; or

2. the accounts do not accord with those records; or

3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or

4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].

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.

Signed: Melissa Smith

Dated: 4 January 2023 CIMA dip MA, MAAT

172 Lawnswood Road Stourbridge DY8 5LW

Page 5

ACHIEVING GOALZ AND DREAMS (A company limited by guarantee)

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 2021

Note Income from: Charitable activities 3 Total income Expenditure on: Charitable activities 5 Total expenditure Net movement in funds Reconciliation of funds: Total funds brought forward Net movement in funds Total funds carried forward	Unrestricted funds 2021 £ 5,625 5,625 11,670 11,670 (6,045) (3,841) (6,045) (9,886)	Restricted funds 2021 £ 26,091 26,091 26,091 26,091 - - - -	Total funds 2021 £ 31,716 31,716 37,761 37,761 (6,045) (3,841) (6,045) (9,886)	Total funds 2020 £ 43,593 43,593 53,611 53,611 (10,018) 6,177 (10,018) (3,841)

The Statement of financial activities includes all gains and losses recognised in the year.

The notes on pages 9 to 19 form part of these financial statements.

Page 6

(A company limited by guarantee) REGISTERED NUMBER:

ACHIEVING GOALZ AND DREAMS

BALANCE SHEET AS AT 31 DECEMBER 2021

Note Fixed assets Tangible assets 9 Current assets Debtors 10 Cash at bank and in hand Creditors: amounts falling due within one year 11 Net current liabilities Total assets less current liabilities Net liabilities excluding pension asset Total net assets Charity funds Restricted funds 13 Unrestricted funds 13 Total funds	2,478 6,403 8,881 (19,873)	2021 £ 1,106 1,106 (10,992) (9,886) (9,886) (9,886) - (9,886) (9,886)	1,099 12,374 13,473 (18,701)	2020 £ 1,387 1,387 (5,228) (3,841) (3,841) (3,841) - (3,841) (3,841)

Page 7

ACHIEVING GOALZ AND DREAMS

(A company limited by guarantee) REGISTERED NUMBER:

BALANCE SHEET (CONTINUED) AS AT 31 DECEMBER 2021

The Charity was entitled to exemption from audit under section 477 of the Companies Act 2006.

The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.

The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.

The financial statements were approved and authorised for issue by the Trustees on 04 January 2023 and signed on their behalf by:

Charlotte Keogh (Trustee)

The notes on pages 9 to 19 form part of these financial statements.

Page 8

ACHIEVING GOALZ AND DREAMS

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

1. General information

The company is registered as a charitable company limited by guarantee and was set up by a Constitution in 5 March 2019.

2. Accounting policies

2.1 Basis of preparation of financial statements

The financial statements 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), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Achieving Goalz and Dreams meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

2.2 Income

All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

2.3 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.

All expenditure is inclusive of irrecoverable VAT.

2.4 Tangible fixed assets and depreciation

Tangible fixed assets costing £NIL or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

Page 9

ACHIEVING GOALZ AND DREAMS

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

2. Accounting policies (continued)

2.4 Tangible fixed assets and depreciation (continued)

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, .

Depreciation is provided on the following basis:

Plant and machinery

2.5 Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

2.6 Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

2.7 Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.

2.8 Financial instruments

The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

2.9 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Page 10

ACHIEVING GOALZ AND DREAMS

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

3. Income from charitable activities

Unrestricted funds 2021 £ Income from charitable activities - Sport Activities - Income from charitable activities - Grants 5,625 5,625 Total 2020 27,570 4. Grants Received	Restricted funds 2021 £ 26,091 - 26,091 16,023	Total funds 2021 £ 26,091 5,625 31,716 43,593	Total funds 2020 £ 16,023 27,570
			43,593

The Community Foundation Staffordshire Cannock Chase District Council Office of the Police Crime Commissioner Staffordshire Birmingham Sport and Physical Activity Trust Staffordshire County Council	Restricted funds 2021 £ 9,300 4,075 2,500 - 10,216 26,091	Total funds 2021 £ 9,300 4,075 2,500 - 10,216 26,091	Total funds 2020 £ 14,190 - - 1,833 -
			16,023

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ACHIEVING GOALZ AND DREAMS

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

5. Analysis of expenditure on charitable activities

Summary by fund type

Unrestricted funds 2021 £ Sport Activities 11,670 Grants - 11,670 Total 2020 37,588	Restricted funds 2021 £ - 26,091 26,091 16,023	Total funds 2021 £ 11,670 26,091 37,761 53,611	Total funds 2020 £ 37,588 16,023
			53,611

6. Analysis of expenditure by activities

Sport Activities Grants Total 2020	Activities undertaken directly 2021 £ 7,039 24,174 31,213 46,848	Support costs 2021 £ 4,631 1,917 6,548 6,763	Total funds 2021 £ 11,670 26,091 37,761 53,611	Total funds 2020 £ 37,588 16,023
				53,611

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ACHIEVING GOALZ AND DREAMS

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

6. Analysis of expenditure by activities (continued)

Analysis of direct costs

Room hire Tutor fees Activities Refreshments Volunteer expenses Prizes Travel & subsistence Clothes Sundry Total 2020	Sport Activities 2021 £ - 600 802 625 1 26 4,493 453 39 7,039 31,600	Grants 2021 £ 1,249 10,910 3,095 5,233 2,309 945 433 - - 24,174 15,248	Total funds 2021 £ 1,249 11,510 3,897 5,858 2,310 971 4,926 453 39 31,213 46,848	Total funds 2020 £ 459 35,247 2,634 3,761 1,839 1,277 1,374 47 210
				46,848

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ACHIEVING GOALZ AND DREAMS

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

6. Analysis of expenditure by activities (continued)

Analysis of support costs

Sport Activities 2021 Grants 2021 £ £ Travel & subsistence - - Telephone 367 500 Stationery 213 350 Computer & software 207 - Insurance 498 817 Accountancy 575 - Bank charges 408 - Bank interest 228 - Rent 312 - Repairs 616 250 Sundry 399 - Depreciation 551 - Subscriptions 115 - Postage 142 - Professional fees - - 4,631 1,917 Total 2020 5,988 775 7. Independent examiner's remuneration Fees payable to the Charity's independent examiner for the independent examination of the Charity's annual accounts	Total funds 2021 £ - 867 563 207 1,315 575 408 228 312 866 399 551 115 142 - 6,548 6,763 2021 £ 575	Total funds 2020 £ 15 1,599 137 185 510 588 767 63 312 1,968 - 462 37 - 120
		6,763
		2020 £ 375

8. Trustees' remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2020 - £NIL).

During the year ended 31 December 2021, no Trustee expenses have been incurred (2020 - £NIL).

Page 14

ACHIEVING GOALZ AND DREAMS

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

9. Tangible fixed assets Cost or valuation At 1 January 2021 Additions At 31 December 2021 Depreciation At 1 January 2021 Charge for the year At 31 December 2021 Net book value At 31 December 2021 At 31 December 2020 10. Debtors Due within one year Trade debtors Prepayments and accrued income 11. Creditors: Amounts falling due within one year Bank loans Other creditors Accruals and deferred income	2021 £ 2,045 433 2,478 2021 £ 5,000 5,910 8,963	Plant and machinery £ 1,850 270
		2,120
		462 551
		1,013
		1,107
		1,387
		2020 £ 855 244 1,099 2020 £ 15,000 2,876 825

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ACHIEVING GOALZ AND DREAMS

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

11. Creditors: Amounts falling due within one year (continued)

2021 £ 19,873	2020 £
	18,701

12.	Financial instruments
		2021	2020
		£	£
	Financial assets
	Financial assets measured at fair value through income and expenditure	6,403	12,374

Financial assets measured at fair value through income and expenditure comprise of assets held for trading and those financial assets designated as being held at fair value through profit and loss.

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ACHIEVING GOALZ AND DREAMS

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

13. Statement of funds

Statement of funds - current year

Unrestricted funds General Funds - all funds Restricted funds Restricted Funds - all funds Total of funds	Balance at 1 January 2021 £ (3,841) - (3,841)	Income £ 5,625 26,091 31,716	Expenditure £ (11,670) (26,091) (37,761)	Balance at 31 December 2021 £ (9,886) - (9,886)

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ACHIEVING GOALZ AND DREAMS

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

13. Statement of funds (continued)

Statement of funds - prior year

Unrestricted funds General Funds - all funds Restricted funds Restricted Funds - all funds Total of funds 14. Summary of funds Summary of funds - current year	Balance at 1 January 2020 £ 6,177 - 6,177	Income £ 27,570 16,023 43,593	Expenditure £ (37,588) (16,023) (53,611)	Balance at 31 December 2020 £ (3,841) - (3,841)

General funds Restricted funds	Balance at 1 January 2021 £ (3,841) - (3,841)	Income £ 5,625 26,091 31,716	Expenditure £ (11,670) (26,091) (37,761)	Balance at 31 December 2021 £ (9,886) - (9,886)

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ACHIEVING GOALZ AND DREAMS

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

14. Summary of funds (continued) Summary of funds - prior year

General funds Restricted funds	Balance at 1 January 2020 £ 6,177 - 6,177	Income £ 27,570 16,023 43,593	Expenditure £ (37,588) (16,023) (53,611)	Balance at 31 December 2020 £ (3,841) - (3,841)

15. Analysis of net assets between funds

Analysis of net assets between funds - current year

Unrestricted funds 2021 £ Tangible fixed assets 1,106 Current assets 8,881 Creditors due within one year (19,873) Total (9,886) Analysis of net assets between funds - prior year Unrestricted funds 2020 £ Tangible fixed assets 1,387 Current assets 13,473 Creditors due within one year (18,701) Total (3,841)	Total funds 2021 £ 1,106 8,881 (19,873) (9,886) Total funds 2020 £ 1,387 13,473 (18,701) (3,841)

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