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2024-03-31-accounts

LONDON JAGUARS COMMUNITY ASSOCIATION

TRUSTEES ANNUAL REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024

Charity Registration Number: 1190533

LONDON JAGUARS COMMUNITY ASSOCIATION

CONTENTS

Page
Legal and administrative Information 1
Report of the Trustees 2
6
Statement of financial activities 7
Balance sheet 8
Notes to the accounts 9-11

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

1

LONDON JAGUARS COMMUNITY ASSOCIATION

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 DECEMBER 2024

The Trustees presents its report and financial statements for the year ended 31 March 2024.

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 2023-24

Fitness Sessions

London Jaguars continued running fitness sessions focused on strength and conditioning training for young people aged 11-16 in Tower Hamlets. These sessions remain an integral part of our football training programs, helping young participants develop physical fitness, discipline, and teamwork.

Our commitment to offering high-quality, inclusive football experiences has been further strengthened by our FA Charter Standard Club accreditation, ensuring we provide safe, wellorganized, and sustainable football opportunities to young people from disadvantaged backgrounds.

New Project: Free Football for the Local Community

In January 2024, we launched an exciting new initiative: Free Football for the Local free, accessible football training and recreational sessions to young people in Tower Hamlets, removing financial barriers to participation.

Through this initiative, we have:

women through exercise, nutrition education, and wellbeing support. This initiative has significantly contributed to improving the physical and mental health of its participants.

2

LONDON JAGUARS COMMUNITY ASSOCIATION

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 DECEMBER 2024

Holiday and Food Programmes (HAF) Tower Hamlets and Newham

Since 2021, London Jaguars has been delivering Holiday and Food Programmes (HAF), ensuring children from disadvantaged backgrounds have access to healthy meals and structured activities during school holidays.

In 2024, the program expanded into Newham, where we successfully provided support for 40 children, alongside our continued work in Tower Hamlets.

Key achievements:

Health and Wellbeing Workshops

Our Health and Wellbeing Workshops have continued to educate the community on mental health, nutrition, mindfulness, and fitness. These sessions have provided participants with valuable tools and knowledge to improve their overall wellbeing.

Funding Sources

Key funding sources in 2023-24 included:

We continue to seek new funding opportunities to ensure long-term sustainability.

Future Plans

The charity remains committed to expanding and strengthening its services. Future objectives include:

  1. Expanding Free Football Sessions Building on the success of our new project by increasing weekly sessions and outreach.

3

LONDON JAGUARS COMMUNITY ASSOCIATION

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 DECEMBER 2024

  1. Enhancing HAF Programmes Increasing capacity to reach even more young people during school holidays.

  2. Developing More Community Sports Initiatives Introducing additional sports and recreational activities beyond football.

  3. Securing Long-Term Funding Strengthening grant applications and partnerships to ensure financial sustainability.

  4. Increasing Volunteer Engagement Recruiting and training volunteers to support our programs and outreach efforts.

Our mission to support disadvantaged communities, promote active lifestyles, and foster social inclusion remains at the core of all our work.

Results

Full details of the financial transactions are contained in the attached accounts. The total incoming resources for the period was £72,110 and total resources expended was £70,574. The net income for the period was £1,536. The net assets of the charity at 31 March 2024 were £8,412.

Future plans

The charity plans to continue the sort of activities it has engaged in over the last few years subject to satisfactory funding arrangements. More volunteer input remains a constant ambition.

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.

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.

4

LONDON JAGUARS COMMUNITY ASSOCIATION

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 DECEMBER 2024

behalf by:

Rubina Begum Trustee

Date: 31 January 2025

5

LONDON JAGUARS COMMUNITY ASSOCIATION

FOR THE YEAR ENDED 31 DECEMBER 2024

I report to the trustees on my examination of the accounts of the London Jaguars Community Association for the year ended 31 March 2024.

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:

  1. accounting records were not kept in respect of the London Jaguars Community Association as required by section 130 of the Act; or

  2. 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.

Sharif Rivera FCA Riverside Chartered Accountants 5 Elephant Lane London SE16 4JD

Date: 31 January 2025

6

LONDON JAGUARS COMMUNITY ASSOCIATION

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 MARCH 2024

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)
Transfers
Net movement in funds
Reconciliation of funds
Total funds brough forward
Net movement in funds
Total funds carried forward7		 2024
Unrestricted
Funds
Restricted
Funds
Total
Funds
£
£
£
71,660
-
71,660
450
-
450
72,110
-
72,110
66,906
3,118
70,024
550
550
67,456
3,118
70,574
4,654
(3,118)
1,536
(326)
326
-
4,328
(2,792)
1,536
1,797
5,079
6,876
4,328
(2,792)
1,536
6,125
2,287
8,412		 2023
Total
Funds
£
41,710
-
41,710
44,554
250
44,804
(3,094)
-
(3,094)
9,970
(3,094)
6,876

7

LONDON JAGUARS COMMUNITY ASSOCIATION

BALANCE SHEET

FOR THE YEAR ENDED 31 MARCH 2024

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		 2024
£
1,548
7,665
7,665
(800)
6,864
8,412
6,125
2,287
8,412		 2023
£
1,821
5,555
7,376
(500)
5,055
6,876
1,797
5,079
6,876

Approved by the Trustees on 31 January 2025 and signed on behalf of the Trustees by

Rubina Begum Trustee

8

LONDON JAGUARS COMMUNITY ASSOCIATION

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2024

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.

9

LONDON JAGUARS COMMUNITY ASSOCIATION

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2024

2. Grants and donations
2. Grants and donations
2024
£
London Borough of Tower Hamlets
64,244
London Borough of Newham
3,816
East End Community Foundation
-
Semble Network
3,000
Jack Petchey Foundation
600
Other
491
Total
72,110
3. Resources expended
Charitable
activities
Governance
costs
2024
£
Programmes and activities
68,996
-
68,996
Administrative costs
755
-
755
Travel and subsistence
-
-
-
Accountancy costs
-
550
550
Depreciation
273
-
273
Total
70,024
500
70,574
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
887
Charge for the year
273
At end of year
1,160
Net book value
At 31 March 2024
1,548
At 31 March 2023
1,821		 2023
£
31,370
-
9,840
-
-
500
41,710
2023
£
42,121
2,040
72
250
321
70,024
500		 44,804
Total
£
2,708
-
2,708
887
273
1,160
1,548
1,821		 2,708
887
273
1,160
1,548
1,821

10

LONDON JAGUARS COMMUNITY ASSOCIATION

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2024

5. Current liabilities
2024
£
Accruals
800
Total current liabilities
800
7. Movement in funds
(Current year)
Balance
1st April
2023
£
Incoming
Resources
£
Outgoing
Resources
£
Transfers
£
Restricted Funds
National Lottery Fund
343
(669)
326
LB of Tower Hamlets
4,736
-
(2,449)
-
5,079
-
(3,118)
326
Unrestricted Funds
1,797
72,110
(67,456)
(326)
Total funds
6,876
72,110
(70,574)
-
Movement in funds
(Previous year)
Balance
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)
-
6. Analysis of net assets
between funds
Unrestricted
£
Restricted
£
2024
Total funds
£
Tangible fixed assets
1,548
-
1,548
Net current assets
4,577
2,287
6,864
Net assets at 31 March 2024
6,125
2,287
8,412		 5. Current liabilities
2024
£
Accruals
800
Total current liabilities
800
7. Movement in funds
(Current year)
Balance
1st April
2023
£
Incoming
Resources
£
Outgoing
Resources
£
Transfers
£
Restricted Funds
National Lottery Fund
343
(669)
326
LB of Tower Hamlets
4,736
-
(2,449)
-
5,079
-
(3,118)
326
Unrestricted Funds
1,797
72,110
(67,456)
(326)
Total funds
6,876
72,110
(70,574)
-
Movement in funds
(Previous year)
Balance
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)
-
6. Analysis of net assets
between funds
Unrestricted
£
Restricted
£
2024
Total funds
£
Tangible fixed assets
1,548
-
1,548
Net current assets
4,577
2,287
6,864
Net assets at 31 March 2024
6,125
2,287
8,412		 2023
£
500
500
2023
Total funds
£
1,821
5,055
6,876
Balance
31st March
2024
£
-
2,287
5,079
-
(3,118)
326
1,797
72,110
(67,456)
(326)		 2,287
6,125
6,876
72,110
(70,574)
-		 8,412
Balance
1st April
2022
£
Incoming
Resources
£
Outgoing
Resources
£
Transfers
£
5,067
(4,724)
-
5,000
(264)
-		 Balance
31st March
2023
£
343
4,736
5,067
5,000
(4,988)
-
4,903
36,710
(39,816)
-		 5,079
1,797
9,970
41,710
(44,804)
-		 6,876

11