HILLTOP CIRCLE LTD
Accounts and Reports
For the period ended 30 June 2021
## HILLTOP CIRCLE LTD
## Contents
For the period ended 30 June 2021
Page
|Legal and administrative information|1|
|---|---|
|Trustees’ report|2-3|
|Independent examiner’s report|4|
|Statement of financial activities|5|
|Balance sheet|6|
|Notes to the accounts|7-9|
## HILLTOP CIRCLE LTD
Legal and Administrative Information
For the period ended 30 June 2021 Status: The organisation is a charity and a company limited by guarantee. Company Number: 11229168 Charity Number: 1186210 Registered Office 408 Neasden Lane, London, NW10 0BT Business Address: 408 Neasden Lane, London, NW10 0BT Members: Zakaria Abdi Hassan - Director Ahmed Ali Hussein - Director Abdullah Yusuf Mohamed - Director Ahmed Abdulhakim Yaslem - Director Mahad Mohamed Omar - Secretary
Accountants: Issa Associates Certified Accountants and Tax Consultants 116 Cumberland House 80 Scrubs Lane London, NW10 6RF
1
## HILLTOP CIRCLE LTD
Directors Report
For the period ended 30 June 2021
## _Objectives_
The objectives of Hilltop Circle Ltd are:
- To act as a resource and point of contact for young people
- To provide a secure and safe environment for young local people to play and socialise with other young people, without the fear of crime, bullying and violence
- To provide development of personal, social physical and educational potential of young people through programmes of sports, educational and social activities
- To establish efficient and constructive networking with schools, agencies and other professional bodies
- To participate in local, regional, national and international football competitions so young people experience travelling, meeting people from different backgrounds and communities
- To provide any other services that would facilitate young people personal growth
- To promote such other charitable purposes as may from time to time be determined.
_Legal structure_
Hilltop Circle Ltd is a registered charity and a company limited by guarantee and is registered with Charities Commission and Companies House.
## _Financial statements_
The directors submit their report and financial statements for the period ended 30 June 2021.
## _Policies:_
_Reserve policy:_
The charity currently operates with minimal reserves. The directors are endeavouring to build up its donor base with a view to having reserves equal to 6 months operating expenditure.
## _Risk(s) review:_
The directors have recently reviewed the major risks faced by the charity. This has resulted in efforts to raise unrestricted funds, increase charity’s donor base.
_2_
## HILLTOP CIRCLE LTD
Directors Report (continued)
For the period ended 30 June 2021
## _Responsibilities_
Acting directors are responsible for keeping proper accounting records which disclose at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006.
Acting directors oversee preparation of financial statements, select suitable accounting policies and make judgments and estimates that are reasonable and prudent to give the true state of affairs of the company.
Directors are also responsible for safeguarding the assets of the company. They are elected and replaced as set out in the Memorandum and Articles of Association.
## _Activities and Achievements_
The charity is managed by the elected trustee members, and is staffed by 8 volunteers. The office is open from Monday to Friday between 10.00am and 6.00pm.
The core of the company’s work is mainly to deliver football sessions on out of school hours and school holidays. We also provide non-football projects such as Fun-fit family and girl’s football. The football season which just finished in May we had 3 teams that participated in 2 different league, 2 of the teams in Islington midweek football league and other in Middlesex county football league Saturday. The midweek teams have been able to achieve promotion by winning their respective divisions and also winning 1 of the cups. Also, the Saturday team have been able to win their division undefeated and also gain promotion into step 7 in the national league.
This report was approved by the board and signed on its behalf by:
Abdullah Y. Mohamed Director
Date: 13 January 2022
3
## HILLTOP CIRCLE LTD
## Independent examiner’s report
For the period ended 30 June 2021
I report on the accounts of the company for the period ended 30 June 2021, which are set out on pages 5 to 6.
## _Respective responsibilities of trustees and examiner_
The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of accounts. The trustees consider that an audit is not required for this year under section 43(2) of the Charities Act 1993 (the 1993 Act) and that an independent examination is needed.
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 43 of the 1993 Act;
- to follow the procedures laid down in the general Directions given by the Charity Commission under section 43(7)(b) of the 1993 Act; and
- to state whether particular matters have come to my attention.
## _**Basis of 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 statement below.
## _**Independent examiner’s statement**_
In connection with my examination, no matter has come to my attention, which gives me reasonable cause to believe that in any material respect the requirements:
- to keep accounting records in accordance with section 386 of the Companies Act 2006; and
- to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities; have not been met;
## ------------------------------------------
Issa Associates Certified Accountants and Tax Consultants 116 Cumberland House 80 Scrubs Lane London NW10 6RF
Date: 13 January 2022
_4_
## **HILLTOP CIRCLE LTD**
## **Statement of Financial Activities**
## **For the period ending 30 June 2021**
|**Notes **
**_Incoming resources_**
From charitable activities
2
Investment income
2
**Total incoming resources**
**_Resources expended_**
Charitable activities
3
Governance costs
4
**Total Resources Expended**
Less Adjustment
Net resources for the year
Fund balances at 28 February 2020
**Fund balances at 30 June 2021**|**Unrestricted**
**funds**
**£**
15,910
-
**15,910**
7,509
-
**7,509**
8,401
3,139
**11,539**|**Restricted**
**funds**
**£**
69,268
-
**69,268**
65,052
10,054
**75,107**
(5,839)
2,332
**(3,506)**|**2021**
**2020**
**Total**
**Total**
**£**
**£**
85,178
62,689
-
-
**85,178**
**62,689**
72,561
59,298
10,054
1,112
**82,616**
**60,410**
2,562
2,279
5,471
3,192
**8,033**
**5,471**|
|---|---|---|---|
5
## **HILLTOP CIRCLE LTD**
## **Balance Sheet**
## **For the period ending 30 June 2021**
|Notes
**_Fixed assets_**
Tangible assets
**_Current Assets:_**
Debtors
Cash at bank and in hand
**_Creditors:_**_amounts falling_
due within one year
**_Net Current Assets_**
**_Total Assets less current liabilities_**
**_Funds of the charity:_**
Funds balance at 30-06-2021|£
£
£
£
-
-
-
-
8,283
5,721
8,283
5,721
(250)
(250)
8,033
5,471
8,033
5,471
8,033
5,471
8,033
5,471
2021
2020|
|---|---|
|||
For the financial period 30 June 2021, the company was entitled to exemption from audit under s477 of the Companies Act 2006; and no notice has been deposited under s476.
The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with s386 and preparing accounts which give a true and fair view of the state of affairs of the company as at the end of the financial year, and of its profit or loss for the 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 accounts, so far as applicable to the company.
These accounts have been prepared in accordance with the provisions applicable to companies subject to small companies' regime. The financial statements on pages 1 to 6 were approved by the board and signed on their behalf by:
**………………………………..**
Date: 13 January 2022
Mahad M. Omar Secretary
6
## **HILLTOP CIRCLE LTD**
## **Notes to the Accounts**
## **For the period ending 30 June 2021**
## **1 Accounting Policies**
- _1.1 Basis of accounting_
The financial statements have been prepared under the historical cost convention, and have been prepared in accordance with the Statement of Recommended Practice, _Accounting and Reporting by Charities_ (Revised SORP 2015) and the Financial Reporting Standard for Smaller Entities.
- _1.2 Incoming Resources_
Grants and donations are recognised on accruals basis.
Incoming resources are reported gross.
- _1.3 Resources Expended_
Resources expended are included in the Statement of Financial Activities on accruals basis, inclusive of any VAT that cannot be recovered.
Expenditure that is directly attributable to specific activities has been included in these cost categories. Where costs are attributable to more than one activity, they have been apportioned across the cost categories on a basis consistent with the use of those resources.
- _1.4 Depreciation_
Tangible fixed assets are stated at cost less depreciation.
Provision for depreciation of tangible fixed assets held by the charity is made at an annual rate of 25% on straight line basis.
7
## **HILLTOP CIRCLE LTD**
## **Notes to the Accounts**
## **For the period ending 30 June 2021**
## **2. Grants and Donations**
|Metropolitan Housing
Brent Council
Thames Valley Housing
The London Community Foundation
Wembley National Stadium Trust
Young Brent Foundation
John Lyons Charity
London FA Ltd
London Sport
The Football Foundation
London Brough of Brent
Step Up Hub
City of London
Currency Lifestyle
COVID-19 Response
Other Donations
**2. Investment Income**
Interest receivable
Total Incoming Resources|Unrestricted
Funds
£
-
-
-
-
-
-
-
-
-
-
11,360
-
-
4,550
15,910
Unrestricted
Funds
£
-
15,910|Restricted
Funds
£
-
-
-
10,000
19,700
3,600
4,300
-
-
750
3,510
16,050
2,000
9,358
-
69,268
Restricted
Funds
£
-
69,268|2021
Total
2020
Total
£
£
-
27,311
-
11,300
-
5,000
10,000
9,820
19,700
2,500
3,600
-
4,300
-
-
1,000
-
1,256
750
500
3,510
-
11,360
-
16,050
-
2,000
-
9,358
-
4,550
4,002
85,178
62,689
2021
Total
2020
Total
£
£
-
-
85,178
62,689|
|---|---|---|---|
_8_
## **HILLTOP CIRCLE LTD**
## **Notes to the Accounts**
## **For the period ending 30 June 2021**
## **2. Grants and Donations**
|Metropolitan Housing
Brent Council
Thames Valley Housing
The London Community Foundation
Wembley National Stadium Trust
Young Brent Foundation
John Lyons Charity
London FA Ltd
London Sport
The Football Foundation
London Brough of Brent
Step Up Hub
City of London
Currency Lifestyle
COVID-19 Response
Other Donations
**2. Investment Income**
Interest receivable
Total Incoming Resources|Unrestricted
Funds
£
-
-
-
-
-
-
-
-
-
-
11,360
-
-
4,550
15,910
Unrestricted
Funds
£
-
15,910|Restricted
Funds
£
-
-
-
10,000
19,700
3,600
4,300
-
-
750
3,510
16,050
2,000
9,358
-
69,268
Restricted
Funds
£
-
69,268|2021
Total
2020
Total
£
£
-
27,311
-
11,300
-
5,000
10,000
9,820
19,700
2,500
3,600
-
4,300
-
-
1,000
-
1,256
750
500
3,510
-
11,360
-
16,050
-
2,000
-
9,358
-
4,550
4,002
85,178
62,689
2021
Total
2020
Total
£
£
-
-
85,178
62,689|
|---|---|---|---|
_9_
## **HILLTOP CIRCLE LTD**
## **Notes to the Accounts**
## **For the period ending 30 June 2021**
## **3a. Direct Charitable Expenditure**
|Notes
Unrestricted
Funds
£
Football activities
-
Wages and staff costs
-
Training facility cost
-
Equipment, materials and maintenance
-
Trips, travel and hospitality
6,815
Postage & stationery
-
6,815
**3b. Support Costs**
Unrestricted
Funds
£
Sundries
694
-
694
Total Charitable Activities
7,509
**4. Governance**
Unrestricted
Funds
£
-
-
Total Resources Expended
7,509
Legal and Professional
Depreciation|Restricted
Funds
£
10,825
28,169
16,237
9,822
-
-
65,052
Restricted
Funds
£
-
-
-
65,052
Restricted
Funds
£
10,054
10,054
75,107|2021
Total
2020
Total
£
£
10,825
15,963
28,169
10,123
16,237
12,131
9,822
7,356
6,815
13,102
-
55
71,867
58,730
2021
Total
2020
Total
£
£
694
568
-
-
694
568
72,561
59,298
2021
Total
2020
Total
£
£
10,054
1,112
10,054
1,112
82,616
60,410|
|---|---|---|
_10_