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2024-03-20-accounts

Charity Registration No. 1193472 (England and Wales)

DEPTFORD LIONESSES

Charitable Incorporated Organization -CIO CHARITY REGISTRATION No: 1193472

ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 20 MARCH 2024

Amzes Accountant AMZES LTD www.amzes-accountancy.co.uk

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DEPTFORD LIONESSES CIO - FOUNDATION – Charity Number 1193472 ANNUAL REPORT AND ACCOUNTS FOR THE PERIOD ENDED 20 MARCH 2024

CHARITY INFORMATION

Trustees at 30 April 2023 Rochelle Joseph- Brown-(Chair) Cali Elliott Alize Elliston-Stanford

Charity Number 1193472 (England and Wales) Date of Registration 09[th] Feb 2021 Start of Financial Period 23[rd] Jan 2023 End of Financial Period 30[th] March 2024

Legal Status Charitable Incorporated Organization - CIO

GOVERNING INSTRUMENT CIO - FOUNDATION Registered 09 Feb 2021

Objects

The advancement of the amateur sport of association football and boxing among young women and girls in Lewisham and the surrounding areas for the public benefit, by the provision of facilities for participation in the sport of association football and boxing..

Registered Office 55 Vaughan Williams Close London SE8 4AW

Independent Examiners AMZES ACCOUNTANTS Amzes Consultants ~~Amzes Ltd~~ 232-236 Green Street London London E7 8LE

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DEPTFORD LIONESSES CIO - FOUNDATION – Charity Number 1193472 ANNUAL REPORT AND ACCOUNTS FOR THE PERIOD ENDED 20 MARCH 2024

TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 20 MARCH 2024

The trustees present their report and accounts for the year ended 20 MARCH 2024.

TRUSTEES

The following trustees held office during the whole of the period:

Rochelle Joseph- Brown-(Chair) Cali Elliott Alize Elliston-Stanford

OBJECTIVES OF THE CHARITY

The overarching goal of Deptford Lionesses remains steadfast: to enhance the involvement of young girls in football and non-contact boxing within Deptford and its adjacent areas, thereby fostering community cohesion and ensuring inclusivity. Recognizing the existing gender disparities in sports participation, we are dedicated to eliminating barriers by providing free-of-charge sports sessions to all interested girls, thereby ensuring that no girl is left behind in their sporting journey.

ACHIEVEMENTS AND PERFORMANCE

In the past year, Deptford Lionesses has continued its mission with unwavering commitment. We are proud to report that our efforts have resulted in significant achievements and tangible impacts within the community. Our provision of free sports sessions since 2021 has garnered remarkable support, with our members consistently showcasing dedication and skill, securing numerous victories in local competitions.

Moreover, our initiatives have not only encouraged increased female participation in sports but have also served as a catalyst for promoting gender equality and empowerment. Through various outreach programs, workshops, and mentoring initiatives, we have facilitated the development of leadership and teamwork skills among young girls, thus contributing to their holistic growth and development.

Our HAF camps, designed to provide a holistic experience encompassing food, arts & crafts, day trips, and physical education, have been met with resounding success. The overwhelming response received underscores the significant impact of such initiatives in addressing community needs and fostering a sense of belonging among participants.

Furthermore, our introduction of the NFL Flag program has garnered positive feedback and interest from girls across the borough, highlighting the effectiveness of tailored sports programs in engaging diverse demographics. The continued growth and success of our girls-only football development sessions reflect the effectiveness of our approach in creating a safe and inclusive environment for girls to thrive.

.

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DEPTFORD LIONESSES CIO - FOUNDATION – Charity Number 1193472 ANNUAL REPORT AND ACCOUNTS FOR THE PERIOD ENDED 20 MARCH 2024

TRUSTEES ANNUAL REPORT (continued) FOR THE YEAR ENDED 20 MARCH 2024

PLANS FOR FUTURE PERIODS

Looking ahead, Deptford Lionesses is poised to build upon its achievements and expand its reach in the community. Our future plans revolve around enhancing inclusivity and accessibility through the introduction of more inclusive programs and partnerships with local schools.

We aim to leverage our partnerships to reach underprivileged youth and offer them opportunities for participation in our sports programs, coupled with guidance on healthy lifestyles. Additionally, we plan to organize fundraising events to enhance our infrastructure and equipment, thereby furthering our mission of providing quality sports experiences to all.

In line with our commitment to inclusivity, we intend to introduce virtual training sessions and workshops to cater to individuals unable to attend in-person sessions, thereby ensuring that our programs remain accessible to all.

RESERVES POLICY

The trustees have set forth a reserves policy aimed at ensuring the continuity of the Charity's core activities during unforeseen challenges. This policy emphasizes the maintenance of reserves at a level sufficient to mitigate risks and meet organizational commitments, while also ensuring a portion of reserves are readily accessible if needed.

PUBLIC BENEFIT STATEMENT

In compliance with the Charities Act 2011, the Trustees have diligently considered the public benefit guidance provided by the Charity Commission in exercising their powers and duties. Our activities and initiatives are undertaken with the primary objective of serving the public good and advancing our charitable mission.

RISK MANAGEMENT

Deptford Lionesses recognizes the importance of robust risk management practices in safeguarding the interests of the charity and its stakeholders. As such, the Trustees regularly review and assess major risks faced by the charity, implementing appropriate measures to mitigate these risks and ensure organizational resilience.

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DEPTFORD LIONESSES CIO - FOUNDATION – Charity Number 1193472 ANNUAL REPORT AND ACCOUNTS FOR THE PERIOD ENDED 20 MARCH 2024

TRUSTEES ANNUAL REPORT (continued) FOR THE YEAR ENDED 20 MARCH 2024

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The Charities Act 2011 imposes on trustees the duty to diligently prepare financial statements annually, ensuring they accurately reflect the Charity's financial status and surplus for the given period. In fulfilling this obligation, trustees are entrusted with several key responsibilities. They must carefully select appropriate accounting policies and consistently apply them. Furthermore, trustees are expected to exercise prudent judgment when making estimates and judgments, ensuring they are both reasonable and sound. Moreover, it is the trustees' responsibility to prepare financial statements based on the assumption that the charity will continue operating as a going concern, unless circumstances dictate otherwise.

In addition to financial reporting, trustees are accountable for maintaining comprehensive accounting records that provide a clear and transparent overview of the Charity's transactions. These records should be detailed enough to accurately portray the Charity's financial position and ensure compliance with legal requirements outlined in the Charities Act 2011. Furthermore, trustees are entrusted with the vital task of safeguarding the Charity's assets, necessitating the implementation of adequate measures for fraud prevention and detection.

Signed on behalf of the trustees

............................................................................

Miss Rochelle Joseph-Brown

Chair Trustee

Approved by the trustees on: 31 March 2024

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DEPTFORD LIONESSES CIO - FOUNDATION – Charity Number 1193472 ANNUAL REPORT AND ACCOUNTS FOR THE PERIOD ENDED 20 MARCH 2024

STRUCTURE, GOVERNANCE, AND MANAGEMENT

Deptford Lionesses, registered on 9th February 2021 as a Charitable Incorporated Organization (CIO), operates under a well-defined structure of governance and management to ensure effective oversight and implementation of its charitable activities. While the organization does not have an alternative name, it is committed to upholding the highest standards of governance and accountability.

CHARITY REGISTRATION DETAILS

CHARITY POLICIES

Deptford Lionesses adheres to a comprehensive set of policies aimed at promoting transparency, accountability, and ethical conduct. These policies encompass various aspects of organizational management and governance, including:

  1. Complaints Handling: Ensuring a fair and efficient process for addressing grievances and concerns raised by stakeholders.

  2. Conflicting Interests: Managing and disclosing conflicts of interest among trustees, staff, and volunteers

  3. to uphold integrity and impartiality.

  4. Investment: Establishing guidelines for the prudent management and investment of the charity's funds to optimize returns while minimizing risks.

  5. Paying Staff: Implementing fair and competitive remuneration policies for staff members in accordance with legal requirements and industry standards.

  6. Risk Management: Identifying, assessing, and mitigating risks to the charity's operations, finances, and reputation to safeguard its long-term sustainability.

  7. Safeguarding Vulnerable Beneficiaries: Prioritizing the welfare and protection of vulnerable beneficiaries through robust safeguarding policies and procedures.

  8. Volunteer Management: Providing guidance and support to volunteers, ensuring their effective engagement and contribution to the charity's mission.

  9. Land and Property: Acknowledging that the charity does not own or lease any land or property, thus minimizing asset-related risks and obligations.

GOVERNANCE STRUCTURE

Deptford Lionesses operates under a governance structure that includes trustees responsible for overseeing the strategic direction and decision-making processes of the organization. The Board of Trustees ensures compliance with regulatory requirements, adherence to the charity's mission, and effective stewardship of resources.

In summary, Deptford Lionesses is committed to upholding the highest standards of governance, management, and accountability to fulfill its charitable mission effectively.

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DEPTFORD LIONESSES STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 20 MARCH 2024

Incoming resources (Note 1)
Income and endowments from:
Donations and legacies
Charitable activities-(Grants & Contracts)
Other trading activities
Investments
Separate material item of income
Other
Total
Resources expended (Note 2)
Expenditure on:
Raising funds
Cost of Charitable activities
Governance Costs
Other
Total
before investment
gains/(losses)
Net gains/(losses) on investments
Net income/(expenditure)
Extraordinary items
Transfers between funds
gains/(losses):
Loans & Advances
Other gains/(losses)
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward		 Unrestricted
funds
Restricted
income funds
Endowment
funds
£
£
£
F01
F02
F03
50,859
-
-
1,416
64,031
-
-
-
-
-
-
-
-
-
-
-		 Total funds
20 MARCH
2024
Prior year
funds
22 JAN 2023
£
£
F04
F05
50,859
70,349
65,447
-
-
-
-
-
-
-
-
-
52,275
64,031
-		 116,306
70,349
-
-
-
60,400
69,074
-
300
-
-
-
-
-		 -
-
129,474
84,793
300
-
-
-
60,700
69,074
-		 129,774
84,793
8,425
-
5,043
-
-		 13,468
-
14,444
-
-
-
-		 -
-
8,425
-
5,043
-
-		 13,468
-
14,444
-
-
-
-
-
-
-
-
-
-
-		 -
-
-
-
-
-
-
-
8,425
-
5,043
-
-		 13,468
-
14,444
-
17,433
7,391
-		 24,824
39,268
9,008
2,348
-		 11,356
24,824

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DEPTFORD LIONESSES STATEMENT OF FINANCIAL POSITION AS AT 20 MARCH 2024

Fixed assets
Intangible assets
Tangible assets
Total fixed assets
Current assets
Stocks
Debtors
Cash at bank and in hand (Note 9)
Total current assets
Creditors: amounts falling due within
one year (Note 8)
Net current assets/(liabilities)
Total assets less current liabilities
Creditors: amounts falling due after
one year (Note 8)
Total net assets or liabilities
Funds of the Charity
Restricted income funds (Note 10)
Unrestricted funds
Revaluation reserve
Total funds
Signed by one or two trustees on behalf of all
the trustees		 Unrestricted
funds
Restricted
income funds
Endowment
funds
Total
20 MARCH
2024
Total
22 JAN 2023
£
£
£
£
£
F01
F02
F03
F04
F05
- - -
-
-
- - -
-
-
- - -
-
-
- - -
-
-
- - -
-
-
9,308 2,348
-
11,656
25,874
9,308 2,348
-
11,656
25,874

300 - -
300
1,050
9,008 2,348
-
11,356
24,824
9,008 2,348
-
11,356
24,824
- - -
-
-
9,008 2,348 -
11,356
24,824
2,348
2,348
7,391
9,008 - -
9,008
17,433
-
9,008 2,348
-
11,356
24,824

31/03/2024
Chair
Print Name
Rochelle Joseph- Brown

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DEPTFORD LIONESSES NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 20 MARCH 2024

----- Start of picture text -----
Note 1 Analysis of income
Unrestricted Restricted Endowment
funds income funds funds Total funds Prior year
Analysis £ £
Donations Donations and gifts 840 - - 840 70,349
and legacies: Gift Aid - - - - -
Legacies - - - - -
General grants provided by Lewisham
Council 50,019 - - 50,019 -
Membership subscriptions and sponsorships
which are in substance donations
- - - -
Donated goods, facilities and services - - - - -
Other - - - -
Total 50,859 - - 50,859 70,349
Charitable Grants & Conntracts received are as
activities: follows - - - - -
Sported Foundation 8,110 8,110 -
Beyond Sports Fund 46,971 46,971
LB Lewisham Council 8,450 8,450
Local Giving 500 500
- -
- - - -
Total - 64,031 - 64,031 -
Other
activities: - - - - -
Registeration Fees 1,416 - - 1,416 -
Other - - - - -
Total 1,416 - - 1,416 -
Income from Interest income - - - - -
investments: Dividend income - - - - -
Rental and leasing income - - - - -
Other - - - - -
Total - - - - -
Separate - - - - -
material item - - - - -
of income: - - - - -
Total - - - - -
Other: Conversion of endowment funds into income
- - - - -
Gain on disposal of a tangible fixed asset
held for charity's own use - - - - -
Gain on disposal of a programme related
investment - - - - -
Royalties from the exploitation of intellectual
property rights - - - - -
Other - - - - -
Total - - - - -
TOTAL INCOME 52,275 64,031 - 116,306 70,349
----- End of picture text -----

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DEPTFORD LIONESSES NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 20 MARCH 2024

Note 2 Analysis of expenditure

----- Start of picture text -----
Unrestricted Restricted
funds income funds Total funds Prior year
Analysis £ £
Expenditure on Incurred seeking donations - - - -
raising funds: Incurred seeking grants
-
Total expenditure on raising funds - - - -
Expenditure on For the public benefit, the advancement of
charitable the amateur sport of association football
activities and boxing among young women and girls
in Lewisham and the surrounding areas
shall be achieved by the provision of
facilities for participation in the sport of
association football and boxing.
60,400 69,074 129,474 84,293
Total expenditure on charitable activities
60,400 69,074 129,474 84,293
Governence Accountancy & Independent Examiner Fees 300 - 300 500
Costs
- - -
- - - -
Total 300 - 300 500
Other
Bank Fees - - -
Total other expenditure - - - -
TOTAL EXPENDITURE 60,700 69,074 129,774 84,793
----- End of picture text -----

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DEPTFORD LIONESSES NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 20 MARCH 2024

Note 2.1 Analysis of expenditure

Analysis of expenditure on charitable activities

Analysis of expenditure on charitable activities

----- Start of picture text -----
Spending
Head of Support Total this Total prior
Activities undertaken directly for
Account Costs year year
Activities
£ £ £ £ £
Costs for renting facilities for sports sessions 20,700 20,700 17,451
Venue Rental and events.
Payment for qualified coaches who lead
training sessions and provide guidance to 26,864 26,864 13,856
Coaching Fees participants.
Contractors are primarily self-employed staff
at our holiday clubs, while arts and crafts
activities are part of the HAF holiday 37,755 37,755 21,804
programs. Fun Day activities include day
Contractor trips such as cinema outings, bowling, and
Payments trampoline adventures.
Equipment 8,929 8,929 5,390
Costs Spending on sports gear and maintenance.
Arts & Crafts -
Materials for creative activities during 1,290 1,290
Supplies workshops.
Payment for music entertainment during 2,328 2,328 750
DJ Services events.
1,063 1,063 1,184
Travel Expenses Costs for transportation to and from venues.
Training 1,111 1,111 1,863
Programs Funds for skill development workshops.
Budget for meals and snacks during 9,094 9,094 6,510
Food Provision activities.
Fun Day 5,661 5,661 4,028
Activities Expenditure on recreational events.
-
2,412 2,412
Pitch Rental Fees for sports venue usage.
Volunteer Resources for recognizing and training 520 520 270 11
Support volunteers.
----- End of picture text -----

DEPTFORD LIONESSES NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 20 MARCH 2024

Note 2.1 Analysis of expenditure

Analysis of expenditure on charitable activities

Analysis of expenditure on charitable activities

----- Start of picture text -----
Spending
Head of Support Total this Total prior
Activities undertaken directly for
Account Costs year year
Activities
£ £ £ £ £
Website 88 88 227
Maintenance Costs for website upkeep.
Training Kit 3,387 3,387 3,577
Purchases Spending on sports attire and equipment.
League
Registration 1,250 1,250 -
Fees Expenses for participating in sports leagues.
Marketing 3,459 3,459 3,785
Expenses Funds for promoting charitable activities.
Subscription Payments for essential memberships or 305 305 168
Services services.
Mobile 378 378 95
Communication Costs for mobile phone services.
Medals and 320 320 -
Awards Budget for recognition items.
Accounting
731 731 550
Services Fees for financial management.
Monitoring 2,040 2,040 -
Costs Expenses for assessing program impact.
Payments for organizational insurance
Insurance coverage. 90 90 265
Premiums
Total 129,775 - 129,775 50,466
----- End of picture text -----

Within the expenditure items above the following items are material: (please disclose the nature, amount and any prior year amounts)

Not applicable

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DEPTFORD LIONESSES NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 20 MARCH 2024

Note 3 Basis of preparation

This section should be completed by all charities .

3.1 Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised 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 charity constitutes a public benefit entity as defined by FRS 102.*

Yes

3.2 Going concern

If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:

An explanation as to those factors that The charity's continued financial stability, positive growth support the conclusion that the charity is a trends, and strategic plans affirm its status as a going going concern; concern. Disclosure of any uncertainties that make the Not applicable going concern assumption doubtful; Where accounts are not prepared on a going Not applicable concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern.

3.3 Change of accounting policy

The accounts present a true and fair view and the accounting policies adopted are those outlined in note { }.

Yes*
* -Tick as appropriate
No*
Please disclose:
(i) the nature of the change in accounting policy; Not applicable
(ii) the reasons why applying the new accounting policy
provides more reliable and more relevant information; Not applicable
and

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DEPTFORD LIONESSES NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 20 MARCH 2024

(iii) the amount of the adjustment for each line affected Not applicable in the current period, each prior period presented and the aggregate amount of the adjustment relating to periods before those presented, 3.44 FRS 102 SORP.

3.4 Changes to accounting estimates

No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP).

Yes

No		 * -Tick as appropriate
Please disclose:
(i) the nature of any changes; Not applicable
(ii) the effect of the change on income and expense or
assets and liabilities for the current period; and		 Not applicable
(iii) where practicable, the effect of the change in one or Not applicable
more future periods.

1.5 Material prior year errors

No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP).

----- Start of picture text -----
Yes
 -Tick as appropriate
No
Please disclose:
(i) the nature of the prior period error; Not applicable
(ii) for each prior period presented in the accounts, the
amount of the correction for each account line item
affected; and
Not applicable
(iii) the amount of the correction at the beginning of the Not applicable
earliest prior period presented in the accounts.
----- End of picture text -----*

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DEPTFORD LIONESSES NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 20 MARCH 2024

Note 4 Accounting policies

4.1 INCOME

Note 4
4.1 INCOME		 Accounting policies
Recognition of income These are included in the Statement of Financial Activities (SoFA) when:
 the charity becomes entitled to the resources;
· it is more likely than not that the trustees will receive the resources; and
 the monetary value can be measured with sufficient reliability.
There has been no offsetting of assets and liabilities, or income and expenses, unless required
Offsetting or permitted by the FRS 102 SORP or FRS 102.
Grants and donations are only included in the SoFA when the general income
Grants and donations recognition criteria are met (5.10 to 5.12 FRS102 SORP).
In the case of performance related grants, income must only be recognised to the extent
that the charity has provided the specified goods or services as entitlement to the grant
only occurs when the performance related conditions are met (5.16 FRS 102 SORP).
Legacies 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.
Government grants The charity has received government grants in the reporting period
Gift Aid receivable is included in income when there is a valid declaration from the
Tax reclaims on donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift
donations and gifts and is treated as an addition to the same fund as the initial donation unless the donor or
the terms of the appeal have specified otherwise.
Contractual income and This is only included in the SoFA once the charity has provided the related goods or
performance related services or met the performance related conditions.
grants
Donated goods Donated goods are measured at fair value (the amount for which the asset could be
exchanged) unless impractical to do so.
The cost of any stock of goods donated for distribution to beneficiaries is deemed to be
the fair value of those gifts at the time of their receipt and they are recognised on
receipt. In the reporting period in which the stocks are distributed, they are recognised
as an expense at the carrying amount of the stocks at distribution.
Donated goods for resale are measured at fair value on initial recognition, which is the
expected proceeds from sale less the expected costs of sale, and recognised in 'Income
from other trading activities' with the corresponding stock recognised in the balance
sheet. On its sale the value of stock is charged against 'Income from other trading
activities' and the proceeds from sale are also recognised as 'Income from other trading
activities'.
Goods donated for on-going use by the charity are recognised as tangible fixed assets
and included in the SoFA as incoming resources when receivable.
Gifts in kind for use by the charity are included in the SoFA as income from donations
when receivable.
Donated services and Donated services and facilities are included in the SOFA when received at the value of
facilities the gift to the charity provided the value of the gift can be measured reliably.
Donated services and facilities that are consumed immediately are recognised as
income with an equivalent amount recognised as an expense under the appropriate
heading in the SOFA.

The charity has incurred expenditure on support costs.

Support costs

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DEPTFORD LIONESSES NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 20 MARCH 2024

The value of any voluntary help received is not included in the accounts but is described Volunteer help in the trustees’ annual report. Income from interest, This is included in the accounts when receipt is probable and the amount receivable can royalties and dividends be measured reliably. Income from membership Membership subscriptions received in the nature of a gift are recognised in Donations subscriptions and Legacies.

Insurance claims are only included in the SoFA when the general income recognition Settlement of insurance criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other claims income in the SoFA. Investment gains and This includes any realised or unrealised gains or losses on the sale of investments and losses any gain or loss resulting from revaluing investments to market value at the end of the year.

4.2 EXPENDITURE AND LIABILITIES

Liability recognition Liabilities are recognised 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.

Liability recognition
4.2 EXPENDITURE		 Liabilities are recognised 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.
AND LIABILITIES
Governance and support
costs		 Support costs have been allocated between governance costs and other support.
Governance costs comprise all costs involving public accountability of the charity and its
compliance with regulation and good practice.
Support costs include central functions and have been allocated to activity cost
categories on a basis consistent with the use of resources, eg allocating property costs
by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
Grants with performance
conditions		 Where the charity gives a grant with conditions for its payment being a specific level of
service or output to be provided, such grants are only recognised in the SoFA once the
recipient of the grant has provided the specified service or output.
Grants payable without
performance conditions		 Where there are no conditions attaching to the grant that enables the donor charity to
realistically avoid the commitment, a liability for the full funding obligation must be
recognised.
Redundancy cost The charity made no redundancy payments during the reporting period.
Deferred income No material item of deferred income has been included in the accounts.
Creditors The charity has creditors which are measured at settlement amounts less any trade
discounts
A liability is measured on recognition at its historical cost and then subsequently
Provisions for liabilities measured at the best estimate of the amount required to settle the obligation at the
reporting date
Basic financial
instruments		 The charity accounts for basic financial instruments on initial recognition as per
paragraph 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17
to 11.19, FRS102 SORP.

4.3 ASSETS

Tangible fixed assets for These are capitalised if they can be used for more than one year, and cost at least use by charity

They are valued at cost.

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DEPTFORD LIONESSES NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 20 MARCH 2024

The depreciation rates and methods used are disclosed in note 9.2.

Intangible fixed assets The charity has intangible fixed assets, that is, non-monetary assets that do not have physical substance but are identifiable and are controlled by the charity through custody or legal rights. The amortisation rates and methods used are disclosed in note 9.5

They are valued at cost.

Investments Fixed asset investments in quoted shares, traded bonds and similar investments are valued at initially at cost and subsequently at fair value (their market value) at the year end. The same treatment is applied to unlisted investments unless fair value cannot be measured reliably in which case it is measured at cost less impairment.

Investments held for resale or pending their sale and cash and cash equivalents with a maturity date of less than 1 year are treated as current asset investments

Stocks and work in Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net progress realisable value.

Goods or services provided as part of a charitable activity are measured at net realisable value based on the service potential provided by items of stock.

Debtors (including trade debtors and loans receivable) are measured on initial recognition at Debtors 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.

The charity has has investments which it holds for resale or pending their sale and cash and Current asset cash equivalents with a maturity date less than one year. These include cash on deposit and investments cash equivalents with a maturity date of less than one year held for investment purposes rather than to meet short term cash commitments as they fall due.

17

DEPTFORD LIONESSES NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 20 MARCH 2024

Note 5 Details of certain items of expenditure

5.1 Fees for examination of the accounts

Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es).

Independent examiner’s fees Assurance services other than audit or independent examination Tax advisory fees

This year Last year
£ £
300.00 550.00
- -
- -

Note 6 Paid employees

6.1 Staff Costs

Salaries and wages
Social security costs
Pension costs (defined contribution scheme)
Other employee benefits
Total staff costs		 This year
Last year
£
£
- -
- -
- -
- -
- -

18

DEPTFORD LIONESSES NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 20 MARCH 2024

Note 7 Debtors and prepayments

7.1 Analysis of debtors
Trade debtors
Other debtors		 This year
Last year
£
£
- -
- -
- -

Total

7.2 Analysis of debtors recoverable in more than 1 year (included in debtors above)

Trade debtors
Prepayments and accrued income
Other debtors
Total		 This year
Last year
£
£
- -
- -
- -
- -

Note 8 Creditors and accruals

8.1 Analysis of creditors

8.1 Analysis of creditors

Accruals for grants payable
Bank loans and overdrafts
Trade creditors
Payments received on account for contracts or
performance-related grants
Accruals and deferred income
Taxation and social security
Other creditors
Total		 This year
Last year
This year
Last year
£
£
£
£
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
300
- 1,050
-
Amounts falling due
Amounts falling due after
300
- 1,050
-
Note 9 Cash at bank and in hand
Total
Short term cash investments (less than 3 months maturity date)
Short term deposits
Cash at bank and on hand		 This year
Last year
£
£
- -
- -
11,656
25,874
11,656
25,874

19

DEPTFORD LIONESSES NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 20 MARCH 2024

Note 10 Charity funds

10.1 Details of material funds held and movements during the CURRENT reporting period

* Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds

----- Start of picture text -----
Fund Fund
Type PE, balances balances
EE R or Purpose and Restrictions brought carried
UR * forward Income Expenditure Loans forward
Fund names £ £ £ £ £
Unrestricted charity funds are financial contributions
given to a charitable organization without specific
earmarks or restrictions on their use. These funds
Donations & Gifts UR
provide flexibility for the organization to allocate
resources based on immediate needs, ongoing
programs, or unforeseen challenges, enhancing
adaptability and responsiveness to their mission. 17,433 52,275 - 60,700 - 9,008
Restricted charitable funds allocated For the public
benefit, the advancement of the amateur sport of
Charitable association football and boxing among young
R women and girls in Lewisham and the surrounding 7,391 64,031 - 69,074 - 2,348
Activities/Projects
areas shall be achieved by the provision of facilities
for participation in the sport of association football
and boxing.
Total Funds 24,824 116,306 - 129,774 - 11,356
----- End of picture text -----

20

DEPTFORD LIONESSES CIO - FOUNDATION – Charity Number 1193472 ANNUAL REPORT AND ACCOUNTS FOR THE PERIOD ENDED 20 MARCH 2024

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees DEPTFORD LIONESSES

On accounts for the year 20 MARCH 2024 Charity no 1193472 ended (if any) Set out on pages I report to the trustees on my examination of the accounts of the above

charity (“ DEPTFORD LIONESSES ”) for the year ended 20 / 03 / 2024. Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Charities Act 2011. I report in respect of my examination of the Charity’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 I have completed my examination. I confirm that no material matters have statement come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

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.

Zeeshan Munawar ACCA

AMZES ACCOUNTANT Amzes Ltd London E7 8LE

31 March 2024

21

DEPTFORD LIONESSES NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 20 MARCH 2024

Note 11 Transactions with trustees and related parties

If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details

11.1 Trustee remuneration and benefits

This year

None of the trustees have been paid any remuneration or received any other benefits from an

TRUE

In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for,

Name of trustee
Legal authority (eg
order, governing
document)		 Remuneration
Pension
contribution
Redundancy
(including
loss of
office)/ex
gratia
Other
TOTAL
£
£
£
£
£
- -
-
-
-
- -
-
-
-
Amounts paid or benefit value

Please give details of why remuneration or other employment benefits were paid.

N/A

Where an ex gratia payment has been made to a trustee, provide an explanation of the nature of the payment.

Last year

None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)

TRUE

In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.

Name of trustee
Legal authority (eg
order, governing
document)		 Remuneration
Pension
contribution
Redundancy
(including
loss of
office)/ex
gratia
Other
TOTAL
£
£
£
£
- -
-
-
-
- -
-
-
-
Amounts paid or benefit value

Please give details of why remuneration or other

N/A

Where an ex gratia payment has been made to a trustee,

22

11.2 Trustees' expenses

If the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be provided in this No trustee expenses have been incurred (True or False) TRUE

----- Start of picture text -----
No trustee expenses have been incurred (True or False) TRUE
This year Last year
Type of expenses reimbursed
£ £
Travel - -
Subsistence - -
Accommodation
- -
Other (please specify): - -
- -
TOTAL - -
----- End of picture text -----

Please provide the number of trustees reimbursed for expenses or who had expenses paid by the charity

11.3 Transaction(s) with related parties

Please give details of any transaction undertaken by (or on behalf of) the charity in which a related party has a material interest, including where funds have been held as agent for related parties. If there are no such transactions, please enter 'true' in the box provided.

This year

This year This year This year This year
There have been no related party transactions in the reporting period (True or False) TRUE
Amounts
Name of the trustee
or related party		 Relationship
to charity		 Description of the
transaction(s)		 Amount Balance at
period end		 Provision for bad debts
at period end		 written off
during
reporting
period
£ £ £ £

In relation to the transactions above, please provide the

For any related party, please provide details of any

Last year

Last year Last year Last year Last year Last year Last year
There have been no related party transactions in the reporting period (True or False) TRUE
Amounts
Name of the trustee
or related party		 Relationship
to charity		 Description of the
transaction(s)		 Amount Balance at
period end		 Provision for bad debts
at period end		 written off
during
reporting
period
£ £ £ £
In relation to the transactions above, please provide the N/A

N/A

For any related party, please provide details of any

23