Trustee Annual Report
5 On It Foundation
Charity Name: 5 On It Foundation
Charity no. 1190922
This report relates to financial year: 1[st] May 2022 to 30[th] April 2023
The principal address of the charity is 62 Moonstone House, 304 South Row, Milton Keynes, MK9 2FR
The following individuals were the charity trustees on the date the report was approved
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Zainab Rashid
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Tara Devine
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Lee Mackmurdie
The above individuals also served as charity trustees during the year.
The Charity was formed on 18[th] August 2020 and is governed by a constitution.
The Charity is constituted as a charitable incorporated organisation.
The Charitable purposes of charity are to provide life-altering programmes using professional sporting and music role models to deliver a range of engaging activities which incorporate team sports and creative arts. Each programme is designed to convey a range of positive health and lifestyle messages to educate young people within the local community and help them build a better future.
The Foundation strives to establish credible relationships with all young people including those at risk from gangs or domestic violence and assists them in facilitating a long-term outcome.
To further these purposes for the public benefit, we carried out activities including youth clubs, activity camps, training sessions, taster sports sessions and team activities. In addition, we provide meals and nutrition guidance to those most in need.
The main achievements of the year were to successfully attract and engage children of various ages to our events and programmes, and to build on the goals of the foundation. We aim to improve the wellbeing of these children both now and by giving them the tools for a better future.
The trustees have read the Commission’s Public Benefit requirement statutory guidance, and have had regard to this when running the charity.
A review of the charity’s financial position at the end of the year:
In the financial year to 30[th] April 2023, the charity had an income of £72,559 and expenditure of £53,739.
There are no funds held by the charity that are materially in deficit.
Signature
Print Name
Ms Lauren Marlborough
Date 16 Dec 2023
| 5 On It Foundation Charity Name |
5 On It Foundation Charity Name |
5 On It Foundation Charity Name |
1190922 No (if any) |
1190922 No (if any) |
1190922 No (if any) |
CC16a | |
|---|---|---|---|---|---|---|---|
| For the period from |
01/05/2022 Period start date |
To | 30/04/2023 Period end date |
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| Section A Receipts and payments | |||||||
| A1 Receipts | Unrestricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Restricted funds to the nearest £ 2,959 69,600 - - 72,559 - - - 72,559 11,109 17,310 1,982 18,907 33 400 222 1,250 419 1,927 130 50 - 53,739 - - - 53,739 18,820 - 44,330 63,150 |
Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Total funds to the nearest £ 2,959 69,600 - - 72,559 - - - 72,559 11,109 17,310 1,982 18,907 33 400 222 1,250 419 1,927 130 50 - 53,739 - - - 53,739 18,820 |
Last year to the nearest £ |
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| Grants | - | - | |||||
| Donations | - | - | |||||
| - | - | ||||||
| - | - | ||||||
| Sub total(Gross income for AR) |
- | - | |||||
| A2 Asset and investment sales, (see table). |
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| - | |||||||
| - | - | ||||||
| Sub total | - | - | |||||
| Total receipts A3 Payments |
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| - | |||||||
Equipment & Materials |
- | - | |||||
| Coaches | - | - | |||||
| Advertising | - | - | |||||
| Wages & PAYE | - | - | |||||
| Travel | - | - | |||||
| Venue Hire | - | - | |||||
| Memberships & Subscriptions | - | - | |||||
| Accountancy& Bookkeeping | - | - | |||||
| Printing,Postage & Stationery | - | ||||||
| Subsistence & Food Parcels | - | ||||||
| Office Costs | - | ||||||
| Phone | - | ||||||
| - | - | ||||||
| **Sub total ** | - | - | |||||
| A4 Asset and investment purchases (see table) |
|||||||
| , | - | ||||||
| - | |||||||
| **Sub total ** | - | - | |||||
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
|||||||
| - | |||||||
| - | 18,820 | - | 18,820 |
- | |||
| - | - | - | - | - | |||
| - | 44,330 | - | 44,330 | - | |||
| - | 63,150 | - | 63,150 | - |
CCXX R1 accounts (SS)
12/12/2023
1
| Section B Statement of assets and liabilities at the end of the period | Section B Statement of assets and liabilities at the end of the period | Section B Statement of assets and liabilities at the end of the period | |
|---|---|---|---|
| Categories Signed by one or two trustees on behalf of all the trustees B1 Cash funds B2 Other monetary assets B4 Assets retained for the charity’s own use B5 Liabilities B3 Investment assets |
Signature Details Bank Account Balance Details Total cash funds (agree balances with receipts and payments account(s)) Details Details Details Equipment & Stock |
Unrestricted funds Restricted funds to nearest £ to nearest £ - 63,150 - - - - - 63,150 OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) 1,500 - - - - - - - - Fund to which liability relates Amount due (optional) - - - - - Print Name Ms Lauren Marlborough |
Endowment funds to nearest £ |
| - | |||
| - | |||
| - | |||
| - | |||
| OK | |||
| Endowment funds to nearest £ |
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| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
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| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
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| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| When due (optional) |
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| Date of approval |
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| Ms Lauren Marlborough | 16 Dec 2023 | ||
CCXX R2 accounts (SS)
12/12/2023
2
BPACL
CHARTERED CERTIFIED ACCOUNTANT & TAX ADVISOR
83, Cowley Hill, Borehamwood, Hertfordshire, WD6 5NA Mob: 07931 194429 E-mail: bhavinofficial@gmail.com bpatel@bpacl.co.uk Website: www.bpacl.co.uk
16 December 2023
Trustees of 5 On It Foundation 62 Moonstone House 304 South Row Milton Keynes MK9 2FR
Independent examiner’s report to the trustees of 5 On It Foundation
I report to the trustees on my examination of the accounts of the 5 On It Foundation (the Trust) for the year ended 30 April 2023.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the Trust’s 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.
Independent examiner’s statement
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 Trust as required by section 130 of the Act; or
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The accounts do not accord with those records; or
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The accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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.
Yours faithfully,
Bhavin Patel – FCCA, CTA
BPACL is the trading name of BPACL Accountancy Services Limited Registered in England and Wales - Company No. 11069538. VAT Reg No. 427 386 181