Registered number: CE021007
ABILITY SPORTS AND SOCIAL (NORTH EAST) UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024
Brown, March and Bowman Ltd CPAA 4 Tyne View Newcastle Upon Tyne NE15 8DE
Ability Sports and Social (North East) Contents
| Page | |
|---|---|
| Company Information | 1 |
| Accountant's Report | 2 |
| Income and Expenditure Account | 3 |
| Balance Sheet | 4 |
| The following pages do not form part of the statutory accounts: | |
| Detailed Income and Expenditure Account | 5 |
Ability Sports and Social (North East) Company Information For The Year Ended 31 July 2024
Company Number CE021007 Registered Charity Number 1188381 Principal Office 22 Beech Drive Gateshead NE11 9PD Accountants Brown, March and Bowman Ltd CPAA 4 Tyne View Newcastle Upon Tyne NE15 8DE Structure, Governance and Management[The charity is controlled by its governing document, a deed of trust, and constitutes ] a limited company, limited by guarantee, as defined by Companies Act 2006
Irene Storey (Appointed 06/10/2021) Trustees Michael Donnelly (Appointed 06/10/2021) James Tate (Appointed 06/10/2021)
Objectives and Achievements
The Objectives of the charity comprise of providing individuals with Learning disabilities access to specialist support, sporting activities, and opportunities for social activities with a view to improving their conditions of life and support independent living. Within the year, beneficiaries of the charity participated in a range of different sports including football, cricket and the likes of, with access to specialist coaching throughout. The charity plans to continue providing this support in future periods.
Page 1
Ability Sports and Social (North East) Accountant's Report For The Year Ended 31 July 2024
In accordance with the engagement letter dated 01/04/2023, and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.
This report is made to the trustees in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the chair of trustees the financial statements that we have been engaged to compile, to report to the trustees that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees for our work or for this report.
You have acknowledged on the balance sheet as at year ended 31 July 2024 your duty to ensure that the charity has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006.
Reserves Policy
The Charity holds a financial reserves policy to maintain a positive reserve balance where possible, excess reserves are reinvested back into activities for the beneficiaries of the charity.
Annual Financial Review
Within the financial year 31/07/2024 all funds received and held at the end of the year comprised of unrestricted funding, donations, and legacies. Within the year, total receipts were £1,683, comprising of money fundraised and donations. No grant income was received by the charity within the period. Operating costs and overheads for the charity totalled £9,725.47, leaving the charity in a deficit for the period of £8,042 and using reserves bought forward from the prior year.
Within the year, the biggest expense to the charity was an event fee of £2,284 paid to Whickham Leisure. The intention of the night was to provide a annual event for the beneficiaries of the charity but also as an attempt to attract funders to raise funds for the charity.
Mr Brian Wood also acts in a capacity of an unofficial treasurer of the charity, a role he is not remunerated for. There are however payments to Mr Wood for reimbursed expenses throughout the year.
Date: 12/05/2025 Brown, March and Bowman Ltd CPAA 4 Tyne View Newcastle Upon Tyne NE15 8DE
Page 2
Ability Sports and Social (North East) Income and Expenditure Account For The Year Ended 31 July 2024
| TURNOVER Cost of raw materials and consumables Staff costs Depreciation and other amounts written off assets Other charges NET DEFICIT |
2024 £ 1,683 (1,874) (447) (750) (6,654) (8,042) |
2023 £ 22,188 (5,901) (473) (750) (17,797) |
|---|---|---|
| (2,733) |
Page 3
Ability Sports and Social (North East) Balance Sheet As At 31 July 2024
| Fixed assets Current assets NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES Accruals and deferred income NET ASSETS RESERVES |
2024 £ 812 1,020 |
2023 £ 1,562 8,480 |
|---|---|---|
| 1,020 | 8,480 |
|
| 1,832 | 10,042 |
|
| (396) | (564) |
|
| 1,436 | 9,478 |
|
| 1,436 | 9,478 |
Notes
1. General Information
Ability Sports and Social (North East) is a charity, limited by guarantee, incorporated in England & Wales, registered number CE021007. The registered office is 22 Beech Drive, Gateshead, NE11 9PD.
2. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
For the year ending 31st July 2024, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to Charities. These Financial Statements are compliant with SORP (FRS 102)
The member has not required the charity to obtain an audit in accordance with section 476 of the Companies Act 2006. The trustees acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
On behalf of the board
12/05/2025
Page 4
Ability Sports and Social (North East) Detailed Income and Expenditure Account For The Year Ended 31 July 2024
| TURNOVER Sales Grants and subsidies received COST OF RAW MATERIALS AND CONSUMABLES Equipment and Charitable Activities Food Parcels STAFF COSTS Staff training Travel expenses Subsistence expenses DEPRECIATION AND OTHER AMOUNTS WRITTEN OFF ASSETS Depreciation of motor vehicles OTHER CHARGES Other direct costs: Consultancy fees Event Fees Premises expenses: Rent General administration costs: Vehicle running costs Insurance Printing, postage and stationery Advertising and marketing costs Accountancy fees Subscriptions Bank charges Entertaining Sundry expenses NET DEFICIT |
2024 £ £ 1,683 - 1,683 1,874 - (1,874) - 51 396 (447) 750 (750) 1,050 2,284 3,334 864 452 832 68 180 438 227 86 174 (1 ) 2,456 (6,654) (8,042) |
2024 £ £ 1,683 - 1,683 1,874 - (1,874) - 51 396 (447) 750 (750) 1,050 2,284 3,334 864 452 832 68 180 438 227 86 174 (1 ) 2,456 (6,654) (8,042) |
2023 £ £ 16,489 5,699 22,188 4,106 1,795 (5,901) 83 - 390 (473) 750 (750) 5,587 1,860 7,447 5,855 1,350 785 124 191 564 526 212 743 - 4,495 (17,797) (2,733) |
2023 £ £ 16,489 5,699 22,188 4,106 1,795 (5,901) 83 - 390 (473) 750 (750) 5,587 1,860 7,447 5,855 1,350 785 124 191 564 526 212 743 - 4,495 (17,797) (2,733) |
|---|---|---|---|---|
| 1,874 - |
4,106 1,795 |
|||
| - 51 396 |
83 - 390 |
|||
| 750 1,050 2,284 |
750 5,587 1,860 |
|||
| 3,334 | 7,447 | |||
| 864 452 832 68 180 438 227 86 174 (1 ) |
5,855 1,350 785 124 191 564 526 212 743 - |
|||
| 2,456 | 4,495 | |||
| (8,042) | (2,733) |
Page 5