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2022-01-22-accounts

DEPTFORD LIONESSES (A company limited by guarantee – Company number CE024870) ANNUAL REPORT AND ACCOUNTS FOR THE PERIOD ENDED 22 JANUARY 2022

TRUSTEES ANNUAL REPORT

FOR THE PERIOD ENDED 22 JANUARY 2022

TRUSTEES RESPONSIBILITIES

The Trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the Charity for the period ended 22 JANURY 2022. The Trustees have adopted the provisions of the Statement of Recommended Practice (SORP) ‘Accounting and Reporting by Charities’ 2015 (FRS 102) in preparing the annual report and financial statements of the charity.

Company law requires us as Trustees to prepare financial statements for each financial period which give a true and fair view of the state of affairs of the Charitable Company and of the incoming resources and application of resources, including the income and expenditure of the Charitable Company for that period. In preparing those financial statements we are required to:

We are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charitable Company and enable us to ensure that the financial statements comply with the Companies Act 2006. We are also responsible for safeguarding the assets of the Charitable Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

REFERENCE AND ADMINISTRATIVE DETAILS

Reference and administrative details are shown in the schedule of members of the board and professional advisors on page 1.

THE TRUSTEES

The trustees who served the charity during the year were as follows: -

Rochelle Joseph- Brown Cali Elliott Alize Elliston-Stanford

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DEPTFORD LIONESSES (A company limited by guarantee – Company number CE024870) ANNUAL REPORT AND ACCOUNTS FOR THE PERIOD ENDED 22 JANUARY 2022

STRUCTURE, GOVERNANCE AND MANAGEMENT

Registration 9thFebruary 2021
**Organization type ** CIO
Other name N/A
Gift aid Not Recognised by HMRC for gift aid

Charity has the following policies.

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DEPTFORD LIONESSES (A company limited by guarantee – Company number CE024870) ANNUAL REPORT AND ACCOUNTS FOR THE PERIOD ENDED 22 JANUARY 2022

TRUSTEES ANNUAL REPORT (continued)

OBJECTIVES OF THE CHARITY

Our goal is to increase the participation of young girls playing football and non-contact boxing within Deptford and its surrounding areas improving community cohesion. Ensuring no girl will miss out.

With previous studies showing girls are at a disadvantage when it comes to boys playing football and non-contact boxing due to the lack of girl clubs, Deptford Lionesses goal is to bridge the gap and to encourage more girls to come forward and play. All our sessions are free of charge ensuring no one misses out.

We hold two weekly sessions which take place Saturday mornings in Deptford.

ACHIEVEMENTS AND PERFORMANCE

Deptford Lionesses’ (DL) goal is to increase the participation of girls playing football and engaging in non-contact boxing.

We have endeavored to ensure that our goal has been achieved during our first year with a constant and consistent approach to engage with girls within the Lewisham Borough and introduce them to qualified, licensed coaches delivering planned structured sessions. Deptford Lionesses has grown from strength to strength and built a real community atmosphere with our attendees and their carers.

DL has seen girls grow in confidence and ability, building strong friendships and supporting each other in new ventures and challenges. Our football sessions have experienced girls who have never kicked a ball before and now have the confidence to take part in friendly matches and enjoy turning up to each session with a can do attitude. We also have the pleasure in contributing to the development and fine tuning of girls who have had exposure to football previously and are now at a competitive level.

We have seen a huge interest in the non-contact boxing we offer which has really introduced a sport to a lot of the girls that they would never have had experience of previously. All of the girls that attend our boxing sessions display a higher level of confidence than that when they started. Having access to professional trainers enables the girls to really understand the sport and the benefits of it. We have found the services offered by DL to be in demand from the local community and beneficial to those attending in keeping them physically active, socially engaged and involved in a project.

We have worked with the London Borough of Lewisham to be able to deliver 3 HAF (holiday activities and food) programmes during the course of school holidays, which we have found to be a huge success and allowed us the opportunity to work with and engage also with boys and give the children a chance to experience planned activities, day trips and a healthy eating food programme throughout the duration.

DL is confident that our charity will continue to attract girls to our services and will remain prioritising our reach to ensure all girls are aware of our charity and fulfil our mission that no girl will miss out.

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DEPTFORD LIONESSES (A company limited by guarantee – Company number CE024870) ANNUAL REPORT AND ACCOUNTS FOR THE PERIOD ENDED 22 JANUARY 2022

TRUSTEES ANNUAL REPORT (continued)

PLANS FOR FUTURE PERIODS

Our Future plans are to apply for additional funding to ensure that we can continue to offer girls training at no cost to them as we know due to the pandemic and the raise to the cost of living families on low incomes are highly unlikely to afford subscription costs for sport activities.

We plan to continue to work closely with the local council to deliver more successful HAF summer and winter clubs. We will continue to ensure that we reach our targets of reaching our audience and offering sports to every girl in the borough.

In the very near Future we plan to join our first girl league to allow the girls to compete with other girls outside of the borough. We plan to work with more schools and increase our presence by offering after school sessions with our coaches.

RESERVES POLICY

The trustees have set a reserves policy which requires: -

The calculation of the required level of reserves is an integral part of the scheme’s planning, budget and forecast cycle.

It takes into account: -

PUBLIC BENEFIT STATEMENT

The Trustees have complied with their duty in section 4 of the Charities Act 2011 to have regard to the public benefit guidance published by the Charity Commission in exercising their powers or duties.

RISK MANAGEMENT

The Trustees continually conduct reviews of the major risks to which the charity is exposed and have established systems to mitigate those risks. The procedures are periodically reviewed to ensure that they still meet the requirements of the charity.

Signed on behalf of the trustees

…...................................................... Miss Rochelle Joseph-Brown Trustee

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Company Registration Number: CE024870

DEPTFORD LIONESSES

(A company limited by guarantee)

FINANCIAL STATEMENTS

FOR THE PERIOD FROM 9 FEBRUARY 2021 TO 22 JANUARY 2022

Charity Number: 1193472

Company Registration Number: CE024870

DEPTFORD LIONESSES

COMPANY LIMITED BY GUARANTEE

CONTENTS Page
Members of the Board and Professional Advisors 1
Independent Examiners Report on the unaudited accounts 2
Statement of Financial Activities 3
Balance Sheet 4
Notes to the financial statements 5

Company Registration Number: CE024870

DEPTFORD LIONESSES

(A company limited by guarantee)

MEMBERS OF THE BOARD AND PROFESSIONAL ADVISORS

Registered Charity name DEPTFORD LIONESSES Charity number 1193472 Company Registration Number CE024870 Address 55 VAUGHAN WILLIAMS CLOSE LONDON SE8 4AW Trustees Rochelle Joseph- Brown Cali Elliott Alize Elliston-Stanford Accountant Hassan Khalid MBA

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DEPTFORD LIONESSES (A company limited by guarantee – Company number CE024870) ANNUAL REPORT AND ACCOUNTS FOR THE PERIOD ENDED 22 JANUARY 2022

INDEPENDENT EXAMINER’S REPORT FOR THE PERIOD ENDED 22 JANUARY 2022

I report to the charity trustees on my examination of the accounts for the period ended 22 JANUARY 2022 set out on pages 7 to 12.

Responsibilities and basis of report

As the charity’s trustees of the Company (who are also the directors of the company for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”).

Having satisfied myself that the accounts of the Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (“the 2011 Act”). In carrying out my examination, I have followed the Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act.

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention which gives me cause to believe that:

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.

Faisal Farooq ACCA Membership No. 2107748

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DEPTFORD LIONESSES (A company limited by guarantee – Company number CE024870) ANNUAL REPORT AND ACCOUNTS FOR THE PERIOD ENDED 22 JANUARY 2022

STATEMENT OF FINANCIAL ACTIVITES FOR THE PERIOD FROM 9 FEBRUARY 2021 TO 22 JANUARY 2022

Note
INCOME
Income from:-
Donations and legacies
2
Other income
TOTAL
EXPENDITURE
Expenditure from :-
Charitable activities
3
TOTAL
NET SURPLUS/DEFICIT
RECONCILIATION OF FUNDS
TOTAL FUNDS BROUGHT FORWARD
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
funds
2022
£
445,44
5,,
445,44
5,5,5,
5,5,5,
545,,5
-
545,,5
Restricted
funds
2022
£
25,682
-
25,682
23,424
23,424
2,258
-
2,258		 Total
2022
£
70,217
255
70,472
49,141
49,141
21,331
-
21,331

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DEPTFORD LIONESSES (A company limited by guarantee – Company number CE024870) ANNUAL REPORT AND ACCOUNTS FOR THE PERIOD ENDED 22 JANUARY 2022

BALANCE SHEET AS AT 22 JANUARY 2022

AS AT 22 JANUARY 2022
Note
FIXED ASSETS
Tangible assets
CURRENT ASSETS
Cash at bank
7
Creditors: Amount falling due
within 1 year
8
NET CURRENT
ASSETS/LIABILITIES
Total net assets/Liabilities
Charity funds
Restricted funds
9
Unrestricted funds
9
TOTAL FUNDS		 Unrestricted
2022
£
-
19,572
19,572
(500)
19,072
19,072		 Restricted
2022
£
-
2,258
2,258
-
2,258
2,258		 Total
2022
£
-
21,831
21,831
(500)
21,331
21,331
2,258
19,072
21,331

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 22 JANUARY.

The members have not required the charitable company to obtain an audit of its financial statements for the period ended 22 JANUARY in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for: -

These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Trustees on 11[th] April 2022 and were signed on its behalf by: -

…...................................................... Rochelle Joseph-Brown Trustee

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DEPTFORD LIONESSES (A company limited by guarantee – Company number CE024870) ANNUAL REPORT AND ACCOUNTS FOR THE PERIOD ENDED 22 JANUARY 2022

NOTES TO THE ACCOUNTS

1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

The principal accounting policies adopted, judgments and key sources of estimation uncertainty in the preparation of the financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

a) General information

DEPTFORD LIONESSES is a company limited by guarantee registered in England and Wales. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity. The address of the registered office is given in the charity information on page 1 of these financial statements.

b) Basis of preparation

These accounts have been prepared under the historical cost convention with items recognized at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The accounts have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 (as updated through Update Bulletin 1 published on 2 February 2016), the Charities Act 2011, the Companies Act 2006.

The charity has applied Update Bulletin 1 as published on 2 February 2016 and does not include a cash flow statement on the grounds that it is applying FRS 102 Section 1A.

The charity constitutes a public benefit entity as defined by FRS 102.

The financial statements are prepared on a going concern basis under the historical cost convention and are presented in sterling which is the functional currency of the charity and rounded to the nearest £1.

c) Funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes or for specific artistic projects. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund are set out in the notes to the financial statements.

d) Income recognition

All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity becomes entitled to the income, it is more likely than not that the trustees will receive the income and the monetary value can be measured with sufficient reliability.

Grants and donations are only included in the SOFA when the general income recognition criteria are met. For donations to be recognized, the charity will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtained then income is deferred until those conditions are fully met or the fulfilment of those conditions is within the control of the charity and it is probable that they will be fulfilled.

No amount is included in the accounts for volunteer time in line with the SORP (FRS 102).

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DEPTFORD LIONESSES (A company limited by guarantee – Company number CE024870) ANNUAL REPORT AND ACCOUNTS FOR THE PERIOD ENDED 22 JANUARY 2022

NOTES TO THE ACCOUNTS (continued)

1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)

Legacies are included in the SOFA when receipt is probable, that is, when there has been grant of probate, the executors have established that there are sufficient assets in the estate and any conditions attached to the legacy are either within the control of the charity or have been met. Where legacies are notified to the charity but it is not possible to measure the amount expected to be distributed, the legacy is treated as a contingent asset and disclosed.

Income from government and other grants are recognized at fair value when the charity has entitlement after any performance conditions have been met, it is probable that the income will be received and the amount can be measured reliably. If entitlement is not met, these are deferred.

Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless specified otherwise

e) Expenditure recognition

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is recognized where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty. Irrecoverable VAT is charged as an expense against the activity for which expenditure arose.

f) Support costs allocation

Support costs are those that assist the work of the charity but do not directly represent charitable activities and include office costs, governance costs, administrative and payroll costs. They are incurred directly in support of expenditure on the objects of the charity. Where support costs cannot be directly attributed to particular headings, they have been allocated to cost of raising funds and expenditure on charitable activities on a basis consistent with use of the resources.

g) Debtors

Debtors are measured, on initial recognition, at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received

h) Creditors

Creditors which are measured at settlement amounts less any trade discounts. A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date

i) Tax

The charity is an exempt charity within the meaning of schedule 3 of the Charities Act 2011 and is considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes.

j) Going concern

The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorizing these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern.

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DEPTFORD LIONESSES (A company limited by guarantee – Company number CE024870) ANNUAL REPORT AND ACCOUNTS FOR THE PERIOD ENDED 22 JANUARY 2022

NOTES TO THE ACCOUNTS (continued)

2. INCOME FROM DONATIONS AND LEGACIES

Donations and gifts
Other income		 Unrestricted
Restricted
Total
2022
2022
2022
£
£
£
44,534
25,682
70,217
255
-
255
44,789
25,682
70,472

3. ANALYSIS OF EXPENDITURE ON CHARITABLE ACTIVITIES

Activities undertaken directly
Advocacy expenses
Venue hire
Event fee
Food supplies
Coaching
Fun day out
Equipment
Kits
Support Costs
Contractor
Advertisement
Traveling and fuel
Postage and courier
Insurance
Training and consultancy
Refreshments
DJ fee
Volunteer
Repair and maintenance
Governance costs
TOTAL		 Unrestricted
Restricted
Total
2022
2022
2022
£
£
£
916
5,823
6,739
424
-
424
3,595
318
3,913
1,290
10,100
11,390
1,081
-
1,081
5,183
3,155
8,337
25
2,179
2,204
12,514
21,575
34,088
9,900
350
10,250
538
873
1,411
367
-
367
300
-
300
179
-
179
492
30
522
376
-
376
250
250
500
-
230
230
40
116
156
763
-
763
13,203
1,849
15,053
25,717
23,424
49,141

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DEPTFORD LIONESSES (A company limited by guarantee – Company number CE024870) ANNUAL REPORT AND ACCOUNTS FOR THE PERIOD ENDED 22 JANUARY 2022

NOTES TO THE ACCOUNTS (continued)

4. GOVERNANCE COSTS

Accountancy fee
Consultancy fee		 Unrestricted
Restricted
Total
2022
2022
2022
£
£
£
500
-
500
263
-
263
763
-
763

5. NET INCOMING/(OUTGOING) RESOURCES FOR THE PERIOD

This is stated after charging:-
Independent Examination		 Unrestricted
Restricted
Total
2022
2022
2022
£
£
£
500
-
500

6. TRUSTEES’ AND KEY MANAGEMENT PERSONNEL REMUNERATION AND EXPENSES

The trustees neither received nor waived any remuneration or expenses during the period (2019: £nil)

7. CASH AT BANK AND IN HAND

Cash at bank 2022
£
21,831
21,831

8. CREDITORS: Amounts falling due within one year

2022
£
Accruals and deferred income 500

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DEPTFORD LIONESSES (A company limited by guarantee – Company number CE024870) ANNUAL REPORT AND ACCOUNTS

FOR THE PERIOD ENDED 22 JANUARY 2022

NOTES TO THE ACCOUNTS (continued)

9. CHARITY FUNDS

Fund
Fund type
General
Unrestricted
Gorund work fund
Restricted
ESC Lottery fund
Restricted
London community fund
Restricted
Neighbourly
Restricted
Nation lottery
Restricted
Poundland
Restricted
 Income
Expenses
Transfer
Balance
£
£
£
£
44,789
25,717
-
19,072
980
839
-
141
7,030
6,968
-
62
8,155
8,037
-
118
1,000
962
-
38
7,767
6,617
-
1,150
750
0
750
70,472
49,141
-
21,331

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DEPTFORD LIONESSES (A company limited by guarantee – Company number CE024870) ANNUAL REPORT AND ACCOUNTS FOR THE PERIOD ENDED 22 JANUARY 2022

INDEPENDENT EXAMINER’S REPORT FOR THE PERIOD ENDED 22 JANUARY 2022

I report to the charity trustees on my examination of the accounts for the period ended 22 JANUARY 2022 set out on pages 7 to 12.

Responsibilities and basis of report

As the charity’s trustees of the Company (who are also the directors of the company for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”).

Having satisfied myself that the accounts of the Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (“the 2011 Act”). In carrying out my examination, I have followed the Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act.

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention which gives me cause to believe that:

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.

Faisal Farooq ACCA Membership No. 2107748

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