LONDON JAGUARS COMMUNITY ASSOCIATION
TRUSTEES ANNUAL REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2023
Charity Registration Number: 1190533
LONDON JAGUARS COMMUNITY ASSOCIATION
CONTENTS
| Page | |
|---|---|
| Legal and administrative Information | 1 |
| Report of the Trustees | 2 - 4 |
| 5 | |
| Statement of financial activities | 6 |
| Balance sheet | 7 |
| Notes to the accounts | 8 - 10 |
LONDON JAGUARS COMMUNITY ASSOCIATION
LEGAL AND ADMINISTRATIVE INFORMATION
| Registered Charity Name | London Jaguars Community Association |
|---|---|
| Charity Number | 1190533 |
| Address | 11 Cement Block Cottages |
| Grays | |
| Essex | |
| RM17 6ER | |
| Trustees | Peter Agboola |
| Bodrul Khan | |
| Rubina Begum | |
| Independent Examiner | Sharif RiveraFCA |
| Riverside Chartered Accountants | |
| 5 Elephant Lane | |
| London SE16 4JD | |
| Bankers | Barclays Bank Uk Plc |
| Leicester | |
| LE87 2BB |
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LONDON JAGUARS COMMUNITY ASSOCIATION
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2023
The Trustees presents its report and financial statements for the year ended 31 March 2023.
Vision
The charity exists to further or benefit the residents of tower hamlet and the neighbourhood, without distinction of sex, sexual orientation, race or of political, religious or other opinions by associating together the said residents and the local authorities, voluntary and other organisations in a common effort to advance education and to provide facilities in the interests of social welfare for recreation and leisure time occupation with the objective of improving the conditions of life for the residents.
To achieve this object, the charity operates a number of projects and activities.
Achievements and performance 2022-23
Mental Fitness and nutritional programme for Youths
London Jaguars marked the year with a new funding from National Lottery to facilitate Mental fitness and nutritional programme for youths aged 11-16 years old. The Mental Fitness Program for the youths has achieved commendable success across various dimensions. Participant surveys and assessments conducted before and after the program consistently indicate substantial improvements in mental well-being. Key achievements include a notable reduction in reported stress levels, a heightened ability to regulate emotions, and a significant increase in overall focus and concentration. Participants shared testimonials emphasizing their newfound ability to manage stressors effectively, navigate emotional challenges, and maintain a positive mindset. Continuous evaluation and adaptation based on feedback ensure ongoing enhancement of the program's effectiveness in promoting mental fitness among youths.
London Jaguars has secured funding from the London Borough of Tower Hamlets to deliver . Through a combination of tailored exercise routines and nutrition guidance, the program has effectively contributed to improved physical fitness, enhanced strength, and increased overall health for women. Participant feedback underscores increased self-confidence and body positivity, showcasing the program's positive impact on mental well-being. The program's success is evident in measurable outcomes such as weight management, muscle toning, and improved energy levels. The tailored approach, coupled with a supportive community environment, has created a positive and empowering experience for women seeking to prioritize their health and fitness.
Holiday and Food programmes
London Jaguars have delivered Holiday and Food programmes for children and youths since 2021 and have achieved significant success in providing a positive and impactful experience. By combining engaging holiday activities with a focus on nutrition, the program has
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LONDON JAGUARS COMMUNITY ASSOCIATION
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2023
successfully contributed to the overall well-being of participating youths. Achievements include fostering a sense of community and camaraderie, promoting healthy eating habits, and encouraging physical activity during holiday periods. We commenced our holiday camps from 30 children and on our last HAF programme delivered to a significant increase of 100 young people who were able to enjoy various enrichment and recreational activities ranging from daily fitness and sports to trips, excursions and educational workshops. The program's success is evident in the positive feedback from both participants and their families, highlighting increased knowledge about healthy food options and health-conscious holiday experience for youths.
Results
During the year, we received a total of £41,710 of which £5,000 was restricted. Resources expended for the year amounted to £44,804 of which £4,988 related to restricted projects. The total balance of the restricted and unrestricted fund now stands at £6,876.
Future plans
As we move into the next fiscal year, London Jaguars is committed and excited about its upcoming initiatives to further empower and uplift the youth we serve. Our commitment to fostering positive change and providing meaningful opportunities is reflected in the following key areas:
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Expansion of Outreach Programs: London Jaguars aims to broaden its outreach efforts, reaching more young individuals in undeserved communities. Through partnerships with local community centres, schools and youth-focused organisations, we plan to extend our impact and provide valuable resources to a larger demographic.
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Talent development: Investing in our people remains top priority. We plan to implement comprehensive training programs, talent acquisition strategies and leadership development initiatives to ensure our workforce is equipped with the skills and knowledge necessary to drive o
As we embark on these initiatives, financial sustainability and transparent reporting remain paramount. London Jaguars is committed to maximizing the positive impact on the lives of young individuals, and we are excited about the transformative journey ahead.
Reserves Policy
The management committee had established a policy whereby the unrestricted funds not be between 3 and 6 months of the resources expended. Given our minimum expenditure on overheads, we continue to think that a figure of between £1,000 and £2,000 would be more appropriate given our activities.
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LONDON JAGUARS COMMUNITY ASSOCIATION
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2023
Risk Review
The Trustees have conducted its own review of the major risks to which the charity is exposed and systems have been established to mitigate those risks. Significant external risks to funding have led to the development of a strategic plan to allow for the diversification of funding and activities. Internal risks are minimised by the implementation of procedures for authorisation of all transactions and projects and to ensure consistent quality of delivery for all operational aspects of the charitable company. These procedures are periodically reviewed to ensure that they still meet the needs of the charity.
behalf by:
Rubina Begum
Rubina Begum Trustee
Date: 31 January 2024
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LONDON JAGUARS COMMUNITY ASSOCIATION
FOR THE YEAR ENDED 31 DECEMBER 2023
I report to the trustees on my examination of the accounts of the London Jaguars Community Association for the year ended 31 March 2023.
Responsibilities and basis of report
As the charity trustees of the London Jaguars Community Association, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011
I report in respect of my examination of the London Jaguars Community Association accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable directions given by the Charity Commission under section 145(5)(b) of the Act.
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 London Jaguars Community Association as required by section 130 of the Act; or
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the accounts do not accord with those records.
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.
Riverside
Sharif Rivera FCA Riverside Chartered Accountants 5 Elephant Lane London SE16 4JD
Date: 31 January 2024
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LONDON JAGUARS COMMUNITY ASSOCIATION
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2023
| Notes Incoming Resources Grants and donations Other income Total incoming resources 2 Resources Expended Charitable activities Governance costs Total resources expended 3 Net income/ (expenditure) Transfer to fixed assets Net movement in funds Reconciliation of funds Total funds brough forward Net movement in funds Total funds carried forward7 |
2023 Unrestricted Funds Restricted Funds Total Funds £ £ £ 36,710 5,000 41,710 - - - 36,710 5,000 41,710 39,566 4,988 44,554 250 - 250 39,816 4,988 44,804 (3,106) 12 (3,094) - - - (3,106) (12) (3,094) 4,903 5,067 9,970 (3,106) 12 (3,094) 1,797 5,079 6,876 |
2022 |
|---|---|---|
| Total Funds £ 26,495 45 |
||
| 26,540 26,588 250 |
||
| 26,838 | ||
| (298) - |
||
| (298) 10,268 (298) |
||
| 9,970 |
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LONDON JAGUARS COMMUNITY ASSOCIATION
BALANCE SHEET
FOR THE YEAR ENDED 31 MARCH 2023
| Notes Tangible assets 4 Current assets Cash at bank Total Current assets Current Liabilities 5 Net current assets Net assets 6 Represented by Unrestricted funds Restricted funds Total funds 7 |
2023 £ 1,821 5,555 7,376 (500) 5,055 6,876 1,797 5,079 6,876 |
2022 £ 2,142 8,078 |
|---|---|---|
| 8,078 (250) 7,828 |
||
| 9,970 | ||
| 4,903 5,067 |
||
| 9,970 |
Approved by the Trustees on 31 January 2024 and signed on behalf of the Trustees by
Rubina Begum
Rubina Begum Trustee
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LONDON JAGUARS COMMUNITY ASSOCIATION
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2023
1. Accounting Policies
The accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year.
The financial statements have been prepared under the historical cost convention and have been prepared in accordance with Statement of Recommended Practice (SORP 2015), "Accounting and Reporting by Charities" and applicable accounting standards.
Income and expenditure
AII income and expenditure is accounted for on an accrual basis.
Grants
Grants are recognised in full in the SOFA in the year in which they were received.
Depreciation
Tangible fixed assets are stated at cost.
Provision for depreciation of fixed assets held for use by the charity is made at an annual rate of 15% on reducing balance basis.
Restricted and Designated Funds
General funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
Restricted funds are funds subject to specific restrictive conditions imposed by donors.
Resources Expended
Resources expended are recognised in the period in which they occur. Resources expended include VAT.
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LONDON JAGUARS COMMUNITY ASSOCIATION
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2023
| 2. Grants and donations 2023 £ National Lottery Fund - London Borough of Tower Hamlets 31,370 East End Community Foundation 9,840 Other 500 Total 41,710 3. Resources expended Charitable activities Governance costs 2023 £ Programmes and activities 42,121 - 42,121 Administrative costs 2,040 - 2,040 Travel and subsistence 72 - 72 Accountancy costs - 250 250 Depreciation 321 - 321 Total 44,554 250 44,804 4. Tangible fixed assets Plant & equipment £ Cost At beginning of year 2,708 Additions - At end of year 2,708 Depreciation At beginning of year 566 Charge for the year 321 At end of year 887 Net book value At 31 March 2023 1,821 At 31 March 2022 2,142 |
2022 £ 10,000 13,980 2,021 539 |
|
|---|---|---|
| 26,540 | ||
| 2022 £ 26,022 - - 250 566 |
||
| 26,838 | ||
| Total £ 2,708 - |
||
| 2,708 566 321 |
||
| 887 1,821 |
||
| 2,142 |
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LONDON JAGUARS COMMUNITY ASSOCIATION
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2023
| 5. Current liabilities 2023 £ Accruals 500 Total current liabilities 500 7. Movement in funds (Current year) 1st April 2022 £ Incoming Resources £ Outgoing Resources £ Transfers £ Restricted Funds National Lottery Fund 5,067 (4,724) LB of Tower Hamlets 5,000 (264) 5,067 5,000 (4,988) Unrestricted Funds 4,903 36,710 (39,816) - Total funds 9,970 41,710 (44,804) - Movement in funds (Previous year) 1st April 2021 £ Incoming Resources £ Outgoing Resources £ Transfers £ Restricted Funds National Lottery Fund 1,945 10,000 (6,878) - LB of Tower Hamlets 3,802 - (3,802) Unrestricted Funds 4,521 16,540 (16,158) - Total funds 10,268 26,540 (26,838) - 6. Analysis of net assets between funds Unrestricted £ Restricted £ 2023 Total £ Tangible fixed assets 1,797 24 1,821 Net current assets - 5,055 5,055 Net assets at 31 March 2023 1,797 5079 6,876 |
5. Current liabilities 2023 £ Accruals 500 Total current liabilities 500 7. Movement in funds (Current year) 1st April 2022 £ Incoming Resources £ Outgoing Resources £ Transfers £ Restricted Funds National Lottery Fund 5,067 (4,724) LB of Tower Hamlets 5,000 (264) 5,067 5,000 (4,988) Unrestricted Funds 4,903 36,710 (39,816) - Total funds 9,970 41,710 (44,804) - Movement in funds (Previous year) 1st April 2021 £ Incoming Resources £ Outgoing Resources £ Transfers £ Restricted Funds National Lottery Fund 1,945 10,000 (6,878) - LB of Tower Hamlets 3,802 - (3,802) Unrestricted Funds 4,521 16,540 (16,158) - Total funds 10,268 26,540 (26,838) - 6. Analysis of net assets between funds Unrestricted £ Restricted £ 2023 Total £ Tangible fixed assets 1,797 24 1,821 Net current assets - 5,055 5,055 Net assets at 31 March 2023 1,797 5079 6,876 |
2022 £ 250 |
|
|---|---|---|---|
| 250 | |||
| 2022 Total £ 2,142 7,828 |
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| 9,970 | |||
| 31st March 2023 £ 343 4,736 5,079 1,797 6,876 31st March 2022 £ 5,067 - 4,903 9,970 |
|||
| 5,067 5,000 (4,988) 4,903 36,710 (39,816) - |
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| 9,970 41,710 (44,804) - |
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| 1st April 2021 £ Incoming Resources £ Outgoing Resources £ Transfers £ 1,945 10,000 (6,878) - 3,802 - (3,802) 4,521 16,540 (16,158) - |
|||
| 10,268 26,540 (26,838) - |
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