2022-05-31-accounts - Woking Tigers

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REGISTERED CHARITY NUMBER: CE026062

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2022

FOR

WOKING TIGERS

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2022

Report of the Trustees	1
Statement of Financial Activities	2
Independent Examiner’s Report	3
Balance Sheet	4
Notes to Financial Statements	5
Detailed Statement of Financial Activities	6

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MAY 2022

The trustees for the purposes of the Charities Act, present their report with the financial statements of the charity for the year ended 31 May 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES Objectives and aims

The objects of Woking Tigers are to be of benefit to the Woking community and surrounding areas, our primary aims and ambitions are:

-To encourage and promote community participation in healthy recreation. This can be achieved by facilitating, organising and running various sports clubs, targeting as many different groups of the community as possible.

To offer young people a provision of support and activities which develop their skills. This can be acheived by running various sessions from the Club's newly acquired Youth Centre that cater to the needs of young people in the local area.
To provide or assist in the provision of facilities for recreation or other leisure time occupation that individuals or groups are otherwise not able to access, due to their youth, age, infirmity or disability, financial hardship or social circumstances. This can be achieved by researching and meeting the wider needs of the local community, and to ensure that cost is not a barrier for participation in our clubs or activities.

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

The charity is controlled by its governing document, and constitutes a CIO – Charitable Incorporated Organisation, as defined by the Charities Commision.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number

CE026062 (England and Wales)

Registered office

29 Arnold Road Woking Surrey GU21 5JX

Trustees

Mohammed Farooq (Chair) Shamraiz Akhtar (Trustee) Mohammed Fezaan Azam (Trustee)

Bankers

Lloyds Bank 25 Gresham Street London EC2V 7HN

Approved by order of the board of trustees on ........................................................ and signed on its behalf by:

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

Page 1

INDEPENDENT EXAMINER’S REPORT REPORT TO THE TRUSTEES OF WOKING TIGERS ON THE ACCOUNTS FOR THE YEAR ENDED 31 MAY 2022

I report to the trustees on my examination of the accounts of the above charity for the year ended 30 May 2022.

Responsibilities and Basis of Report

As the charities trustees, 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 the applicable Directions given by the Charity Commission under section 145(5)(b) of the act.

I ndependent Examiner’ Statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

Accounting records were not kept in accordance with section 130 of the Act or
The accounts do not accord with the accounting records

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

…………………………………………………………

Temoor Khan, FCCA 31 March 2023

Syon Accounting Services 6 Portland Business Centre Manor House Lane Datchet SL3 9EG

Page 2

WOKING TIGERS

STATEMENT OF FINANCIAL ACTIVITIES

for the period to 31 May 2022

Income from: Donations and legacies Grant Income Staff costs Other charges Net Income/(expenditure)	2022 £ 36,263 13,421 (13) (25,926) 23,745

Page 3

WOKING TIGERS Registered number: Balance Sheet as at 31 May 2022

CE026062

Current assets Net current assets Total assets less current liabilities Net assets Total Funds	23,745	2022 £ 23,745

		23,745
		23,745
		23,745

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2022.

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on . ...................................................... and were signed on its behalf by: .............................................

Page 4

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2022

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has received the funds.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 May 2022

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 May 2022

3. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

	2022
	£
Accrued expenses	0

4. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 May 2022.

Page 5

WOKING TIGERS DETAILED STATEMENT OF FINANCIAL ACTIVITIES

for the period from 21 April 2021 to 31 May 2022

Income: Donations Football Fees Basketball Fees Other income Grant Income Staff costs Travel and subsistence Other charges Premises costs: Pitch Hire General administrative expenses: Telephone and fax Postage Football Expenditure Bank charges Insurance Equipment expensed Software Repairs and maintenance	2022 £ 31,032 5,186 45
	36,263
	13,421
	13
	11,556
	11,556
	20 102 5,062 53 476 4,672 75 3,910
	14,370
	25,926

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