_Empowering London’s youth to reach their potential and grow into responsible citizens through mentorship and the transformative power of American football._
## **London Warriors American Football Club**
_(A company limited by guarantee)_
**Trustee Annual Report and Financial Statements For the Year Ended 31 December 2024**
**Charity number: 1196276 Company number: 12896492**
## **London Warriors American Football Club**
_(A company limited by guarantee)_
## **Report and Financial Statements For the Year Ended 31 December 2024**
## **Contents**
|**Contents**||
|---|---|
|Legal and Administrative Information|Page 2|
|Who are the London Warriors?|Page 3|
|Our impact?|Pages 4 to 6|
|Report of the Trustees|Pages 7 to 14|
|Statement of Financial Activities|Page 15|
|Balance Sheet|Page 16|
|Notes forming part of the financial statements|Pages 17 to 23|
|Independent Examiner’s Report|Page 24|
**1**
## **Legal and Administrative Information**
**Charity Name:** London Warriors American Football Club (also known as London Warriors, London Warriors AFC, LWAFC)
**Charity registration number:** 1196276
**Company registration number:** 12896492
**Date of incorporation:** 22 September 2020
**Start of financial year:** 01 January 2024
**End of financial year:** 31 December 2024
**Registered Office address:** 124 City Road, London, EC1V 2NX
## **Trustees (as at 31 December 2024)**
Marvin Allen Glen Fendley Vernon Kay Kevin LoPrimo Lucille Stewart (from 15 November 2024)
## **Company Secretary (as at 31 December 2024)**
Kieron Smith
## **Chief Executive (as at 31 December 2024)**
Marvin Allen
**Accountants and Independent Examiners:** Castle View Accounting Ltd New Barn, Mudberry Lane, Bosham, Chichester, West Sussex PO18 8TS
## **Primary Bankers:** Metro Bank PLC
Unit 1 – 2 Centrale Shopping Centre, Croydon CR0 1TY
**Legal Counsel:** Mr James Cherry
**2**
## **Who are the London Warriors?**
**For 19 years the London Warriors have been at the forefront of developing the great game of American football.** We were established in 2005 when several London-based junior teams were unable to run. Coaches Tony Allen and Gerry Anderson, two of the most respected coaches in British football, who at the time worked for the NFL, agreed to work with the young people from those teams, allowing them to continue to play football, keep them off the streets, and offer a different focus and an alternative family to the gangs that many were at risk of being drawn into, or had previously been a part of.
**The programme has now grown into seven teams (both contact and non-contact flag football), with over 300 young men, women, and children from the age of seven participating in year-round physical activity each year.** 19 national championships have been won since 2005, but these are not what we are most proud of.
**Historically we have always been dependent upon support from our club members.** Even under these constraints, our track record of supporting young people in the local community is second to none:
- Over 3,900 young people have been involved with us over the years.
- 24 members have played professionally, and two in the NFL. We were the first club in the world to have an international player sign directly with an NFL team (Efe Obada with the Dallas Cowboys), and first IPP player selected to a regular roster.
- Over 95 players, coaches and staff have represented Great Britain.
- 20 youth players have been selected to the NFL Academy.
- 27 players have gone on to continue their education and play in the US at high schools and colleges (including division 1 NCAA colleges).
**We are equally as proud of the thousands of young people that we have engaged with whose journeys have been affected positively in other areas of their lives and social involvement:** progressing to university or securing employment with our support. We strive to help our members be the best they can be, able to make even more of a positive contribution to society in whatever they go on to.
**We have considerable experience developing good players and good people with our approach to youth development through sport.** Our coaching staff is one of the best in Europe, with NFL, college and high school experience. Development and progression are key, with over 70 members completing their Level 1 coaching qualifications, and some going on to work with NFL teams, NFL UK and the NFL Academy. Many more have progressed on to coaching roles in other community teams, university teams and Team GB.
**Best of all, the inclusivity and diversity within our family is the foundation of everything we do** , allowing people of all nationalities, religions and backgrounds to come together and learn to work together.
**3**
## **Our Impact**
**----- Start of picture text -----**
3,900
Young people involved since 2005
12,500
Volunteer hours last year
**----- End of picture text -----**
**----- Start of picture text -----**
27
Players to US Colleges and High Schools
5
Players progressed to Division 1 Colleges
20
Players to the NFL Academy
**----- End of picture text -----**
**4**
## **Our Impact**
**----- Start of picture text -----**
2
Players in the NFL
1
Coach in the NFL
**----- End of picture text -----**
**----- Start of picture text -----**
24
Professional players
**----- End of picture text -----**
**----- Start of picture text -----**
14
Coaches to the NFL Academy, NFL IPP and US
95
GB players, coaches and staff
12
U19 regional players
**----- End of picture text -----**
**5**
## **Our Impact: What our members say**
_" The Warrior Programme helps young people build essential life skills. "_
**----- Start of picture text -----**
71% 91%
90%
Emotional Respect for
Work ethic
regulation others
81% 93%
77%
Accountability & Mental
Leadership Skills
responsibility resilience
**----- End of picture text -----**
_Source: London Warriors Annual Survey Data 2025_
The statistics above reflect the percentage of participants who felt the programme contributed to their development in each of these key areas.
**----- Start of picture text -----**
" Being part of the London " It showed me that I can
" I am very grateful for the
Warriors program made continue to pursue more
opportunity my son has
had with LW. It has been me want to pursue for myself and I am not
qualifications I didn't afraid to put in the work
life changing for him "
think I'd do " to achieve my dreams "
**----- End of picture text -----**
**You can hear from our members about the impact that the London Warriors has had on our young people. Scan or click the image on the right to watch our video…**
**6**
## **Report of the Trustees**
As Chief Executive, and on behalf of the Trustees, I would like to say a personal thank you to every member of our organisation – our players and parents, our volunteers and our supporters – without which we would not be able to continue our journey.
In our third year as a charity, we have continued work to secure our future, enabled further growth of the programme and further consolidated our goals of driving academic success through the motivation of sport, and being an amateur club striving for professional standards. We continue to widen access to our great sport, ensuring no one is excluded, enabling us to impact even more young people over the past year.
We welcome our newest Trustee, Lucille Stewart, and wish to thank LGT Wealth Management and Do It Now Now, who have supported us with significant donations, as well as those individuals who have made personal donations, enabling us to help as many young people across our communities as we can.
As we continue to grow it will be important to both remember and consistently re-emphasise our core values. This Trustee Report outlines our values, our current status and our plans for the future. Thank you again to everyone.
## _**Marvin Allen, Chief Executive and Trustee (on behalf of the Trustee Board)**_
## **Club Operations**
The Club has made strong progress in 2024 in both operations and community impact. As part of our commitment to widen access, we invested in new playing and training equipment for our youth teams, ensuring nobody is excluded due to financial barriers. We launched an online shop in partnership with EP Sports, providing merchandise to players and supporters while also generating additional income to reinvest in the club.
Governance and safeguarding have been strengthened with the recruitment of a new trustee and the introduction of updated policies. These include an Anti-Bullying Policy, a Diversity & Inclusion Policy, and new Privacy Policies, including a child-friendly version, to ensure feel safe and respected within our club.
To continue developing our players we purchased a VEO camera and rolled out Hudl across the programme, giving our coaches and athletes powerful tools to review and improve their performance. We also recruited additional charity support staff and built valuable partnerships, most notably with Under Armour, who hosted athletic testing at their Battersea Power Station venue. These steps expand our capacity and create new opportunities for players and the wider community.
Looking forward, we are revisiting our strategy and operational plan, with work underway to set fundraising targets and finalise budgets for 2025. This will help consolidate our achievements while ensuring we remain dedicated to building an inclusive, sustainable, and high-performing environment for all involved, reinforcing our ethos of being an amateur club striving for professional standards.
**7**
## **Safeguarding**
Ensuring the safety and wellbeing of everyone involved is paramount, with safeguarding one of our main priorities. All existing staff have been DBS checked across the programme and safeguarding training continues to be rolled out to volunteers, with an aim that all our staff working with our youth players complete a Level 2 safeguarding qualification.
## **Staffing and Recruitment**
Key to our success are the people that make up the Warrior family, and particularly our staff. During the period January 2024 through to December 2024, we had 55 volunteers working with us across the programme, with an estimated 12,500 volunteer hours provided. Additional coaching staff were recruited for our U19 teams enabling us to provide additional positional coaching, and a new HC was recruited for our U16 team during the season. Additional volunteer support staff have been recruited to support our youth teams. We continue to develop a recruitment strategy as part of our wider operations plan to continue developing the capacity and capability as a charity.
## **Fundraising**
Historically we have been dependent upon support from our players, with membership fees making up most of our income. Part of the driver for becoming a charity was to reduce the reliance on player fees by sourcing additional income from grants, donations and sponsorship, enabling us to widen access to the sport by reducing fees and impact even more young people.
Our U19 Team received a personal donation of £8,500 to help reduce costs for that team and invest in additional equipment. We also received a donation of £5,213.50 LGT Wealth Management to reduce the cost of participation for our young people, and a grant of £6,000 from the DO IT NOW NOW, who supported us to put a business plan to bring in further income into the programme.
A further £2,000 was also donated specifically to allow us to subsidise the cost to young players who were unable to afford the already subsidised membership fees. £678 was received via Charities Trust from payroll giving from several of our volunteers, as well as other personal donations of £541. We also earned £2,125 from Gift Aid.
We continue to use our executive summary to approach new corporate partners and sponsors, alongside our updated **promotional video** , which shows the impact that the London Warriors has had on our young people.
**8**
## **Our Men’s Senior Team**
The London Warriors men’s team once again stamped their authority on British American football in 2024. The team returned in February for pre-season training after a strong off-season recruiting. The regular season consisted of 10 games, five at home and five away. It kicked off with a solid 60-0 win over Hertfordshire in early May. We won all 10 of our regular season games, with a total of 486 points scored against opponents, and only 26 points scored against us. Our 10-0 regular season saw us go top of the Premier South and advance into the playoffs against the Newcastle Vikings, which ended with a 690 win for the London Warriors. The team advanced to the National Finals to play for the national title against Premier South runners up Bristol Aztecs. A strong performance from the Warriors saw them regain the national title 31-10.
In the 2024 Great Britain Lions men’s squad announced for the IFAF European Championship qualifiers, 14 players from the London Warriors men’s team were selected, highlighting the Warriors’ depth and influence at the national level – a significant contribution that underscores the Warriors' status as a core talent pool for Great Britain’s national team.
## **Our Women’s Senior Team**
In 2024, the London Warriors Women's team embarked on their campaign as dominant figures in the BAFA’s women’s leagues. They made a powerful statement in their opening game in May, defeating the Solent Thrashers in emphatic fashion with a 50– 20 victory—a confident start to their quest for a third consecutive national title.
Subsequent wins of 47-0 against Peterborough, 48-12 against Solent again, and 47-8 against Leeds secured the southern championship and saw the team progress to the NWFL National Championship, held during BritBowl weekend at Butts Park Arena. In the
final, the London Warriors faced the formidable Birmingham Lions. The match saw London take an early lead, but in a tense defensive showdown, Birmingham narrowly edged the Warriors 8–6, securing the national title.
11 Warriors players earned selection for the GB women's team, underscoring the program’s quality. The significant representation in the GB national program and the emergence of dynamic female athletes illustrate the depth of talent and developmental success within the team. As the UK’s women's game continues to expand within 9-a-side football, the Warriors are positioned strongly for their 2025 campaign.
**9**
## **Our Youth Teams**
The London Warriors youth section consists of four teams: two contact teams and two non-contact flag teams, with young players from seven years upwards.
Our U19 team completed in Division 1. Over a sixgame regular season, they achieved a 5-1 record, scoring 180 points and conceding 121, and winning the Southeastern conference championship. The team progressed into the playoffs, meeting the Rushmoor Knights who won the Southwestern Conference. A tight game saw Rushmoor win 17-6 and progress to the BritBowl final. Aside from reaching the semi-finals, one of the bigger achievements was winning against the London Blitz, the first time that team had recorded a loss in almost 9 years.
2024 also saw the launch of BAFA’s 11v11 regional football initiative, which integrated existing club teams into regional teams. The U19 HC was appointed as Head Coach of the Southern team, highlighting the club’s commitment to youth development at both the club and regional levels.
Our U14 and U11 Flag teams again competed in the regional flag tournament series, competing in four tournaments and reaching the national final tournament. They continue to recruit well and look forward to retaining many of their squad and building for next season’s tournament series.
The U16 team did not compete in the BAFA league in 2024, in part due to lower numbers with many from last season graduating into the U19 team, but also in part due to the Head Coach being recruited during the off-season to coach with the NFL International Player Pathway (IPP). This prestigious opportunity highlights
the calibre of talent and leadership being developed within the Club and reflects the strength of the club’s coaching network and its ability to open pathways to the highest levels of the sport.
Despite not competing in the league structure, the team were able to enter a local flag tournament later in the summer which they went on to win. The team also retained almost all players and had a good recruitment drive for new players and look forward to the 2025 season as the U16 team is a valuable development pipeline for our older age groups.
**10**
## **Our Future Plans and Priorities Going into 2025**
- Continue recruiting to our youth teams to compete for the National titles at all age groups in the 2025 BAFA league competitions.
- Continue to add to our playing equipment stock to support even more youth and women’s team players, reducing the main barrier to taking up the sport and ensuring we can provide for even more young people.
- Additional fundraising for our youth and women’s community teams to further reduce the reliance on memberships fees. As well as making it more affordable for all, we can also offer additional concessions for those unable to afford to participate so no one is excluded, as well as additional playing and development opportunities.
- Review our future strategy to explore a holiday provision for young people during UK school holidays, and the possibility of setting up additional satellite clubs and a free school’s provision across South London.
- Continue building capacity and capability, improving our operational effectiveness and efficiency:
- Develop and implement a new staffing plan and recruitment strategy.
- Continue to streamline internal membership processes.
- Launch our new website and ability to take online donations.
- Provide staff additional training and qualifications (coaching, safeguarding and first aid) to continue to safeguard our members and provide the best member experience possible.
_Driving academic success through the motivation of sport_
**11**
## **Structure, Governance and Management**
The London Warriors American Football Club is both a charity and a company limited by guarantee and not having share capital, as defined by the Companies Act 2006, established under a Memorandum and Articles of Association and incorporated on 22 September 2020, and amended by Certificate of Incorporation on Change of name dated 19[th] October 2020. Charity and company law determine how we operate and define the roles of our trustees and our executive staff.
As a charity, we seek to benefit the public through the pursuit of our objectives and aims, as set out in the Club’s Articles of Association. The charitable aims of the London Warriors American Football Club are:
1. The promotion of community participation in healthy recreation by providing facilities for playing American football, in particular by the provision of organised American football training, fitness and teamwork sessions and games and tuition for the benefit of the inhabitants of the United Kingdom and overseas (facilities means land, buildings, equipment and organising sporting activities);
2. To provide and assist in providing facilities for sport, recreation or other leisure time occupation of such persons who have need for such facilities by reason of their youth, age, infirmity or disablement, poverty or social and economic circumstances or for the public at large in the interests of social welfare and with the object of improving their conditions of life; and
3. To advance the education of children and young people through such means as the Directors think fit in accordance with the law of charity.
It is the opinion of the Trustees that, in exercising our powers, we have complied with our duty to have regard to the guidance on public benefit published by the Charity Commission when exercising powers or duties to which the guidance is relevant.
## **Recruitment and Induction of Trustees**
Trustees are selected in accordance with the Articles of Association. Trustees of the charity and directors of the company are appointed by, and drawn from the official company Members. Our current Trustees were already familiar with the work that we do and have in some way been associated with us, in various capacities previously. In determining the composition of the Board, we consider the skills and experience needed to achieve a balanced representation of sports, education, the professions, business and public service.
When recruiting new Trustees, we aim to advertise externally, in line with best practice guidelines issued by the Charity Commission and other governance experts. Candidates are assessed against the existing Trustee role description and person specification and a shortlist drawn up for interview by the Board. The London Warriors American Football Club will work actively on the recruitment of new trustees to ensure appropriate succession planning exists within the Board.
An induction programme for new Trustees has been developed. We provide new Trustees a pack of key documents and policies. They will also be invited to attend a series of short meetings ahead of their first Board meeting to familiarise themselves with the charity, introduce its key personnel and provide the required context in which it operates to be able to take an active role from the beginning.
**12**
## **Financial Review**
## _**Review of the charity’s financial position at the end of the period**_
The club’s main sources of income are from player membership subscriptions, donations and sponsorship. This income is shown in the Statement of Financial Activities on page 15.
During the financial period ending 31 December 2024 the charity:
- incurred total expenditure of £57,053.
- received £59,010 from its main sources of income.
- had a surplus of £1,957 of unrestricted funds.
_An amateur club striving for professional standards_
**13**
Statement of Trustees, Responsibilities
Charity and company law requires the Trustees to prepare financial statements for each financial year, which
give a true and fair view of the state of affairs of the charity 3$ at the end of the financial year and of the
surplus or deficit of the charity. Under those laws the Trustees have eletted to prepare the financial
statements in accordance with the provisions applicable to companies subject to the small companies,
regime.
The Trustees Iwho are also Directorsof Lon(lon WarriorsAmerican Football Clubfor the purposes of company
lawl are responsible for preparing the Trustees. Annual Report and its contents and the financial statements
in accordance with applicable law and regulations. The responsibility of the independent examiner in relation
to the Trustees. Annual Report is limited to examining the report and ensuring that on the face of the report,
there are no inconsistencies with the figures disc1¢d in the financial statements.
In preparlng these flnanclal statements, the Trustees are reoulred to:
Select suitable actountinB policies and then apply them con515tently.
Make judgements and estimaies ihat are reasonable and prudent.
Prepare the Ilnanclal statements on the going concem basls unless it Is Inapproprlate to presume
that the charitable group will continue in business.
State whether applicable UK Accounting Standards have been followed, subject to any material
departures disclosed and explained in the financial statements.
The Directors are also responslble for maintaining adequate accounting records which dlsclose wlth
reasonable accuracy at any time the financial position of the charity and which are sufficient to show and
explain the charity's transactions and enable them to ensure that the financial statements comply with the
Companles Act 2(K)6 and comply with regulations made under the Charities Att. They are also responslble
for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and
detection of fraud and other irregularities.
Declaration
The Trustees declare that they approve the Trustee Annual Report. and approve the atta¢hed statement
of financlal actlvitles and balance sheet for the year ended 310ecember 2024. and confirm that they have
made avallable all Information nece55ary for its preparalion.
Signed on beh(vlf of the charirf5 Trustees..
Kiek04 Switk
Marvin Allen
Kleron Smlth
Trustee ond Chief Executive
Componysecretory
Dt7te.' 12 September2025
Dote.. 12 September 2025
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2024**
**(Incorporating Income & Expenditure Account)**
|**Notes**
**INCOMING RESOURCES**
**Income Resources from Generated Funds**
Donations & Legacies
**3a**
Investment Income
**3b**
Charitable Activities
**3c**
Activities for Generating Funds
**3d**
Other Incoming Resources
**3e**
**TOTAL INCOMING RESOURCES**
**RESOURCES EXPENDED**
**Cost of Generating Funds**
Cost of Charitable Activities
**4a**
Cost of Generating Funds
**4b**
Governance Costs
**4c**
**TOTAL RESOURCES EXPENDED**
**NET INCOMING/(OUTGOING) RESOURCES**
Balance Brought Forward
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
Designated
Restricted
**TOTAL**
**TOTAL**
Funds
Funds
Funds
**2024**
**2023**
£
£
£
£
£
25,058
-
-
25,058
33,659
15
-
-
15
-
32,333
-
-
32,333
31,477
1,340
-
-
1,340
1,969
265
-
-
265
596
**59,010**
**-**
**-**
**59,010**
**67,701**
54,546
-
-
54,546
67,849
1,487
-
-
1,487
578
1,020
-
-
1,020
1,210
**57,053**
**-**
**-**
**57,053**
**69,637**
**1,957**
**-**
**-**
**1,957**
**(1,936)**
14,697
-
-
14,697
16,633
**16,654**
**-**
**-**
**16,654**
**14,697**|
|---|---|
Movements on all reserves and all recognised gains and losses are shown above. All of the charity's operations are classed as continuing.
The notes on pages 17 to 23 form part of these financial statements.
15
BALANCE SHEET
AS AT 31ST DECEMBER 2024
UnTe5trirted ftestrirted
Funds
Funds
TOTAL
31-Dec-24
TOTAL
31-Dec-Z3
Notes
Flxed Assets
Tangible Assets
CurremtAssÈts
Debtors & Prepayments
C3sh at Bank and in Hand
Total Current Assets
17.674
17.674
17.674
17,674
15,657
15,657
Creditors.. Amounts falling due wthin one year
1.020
1,020
960
NEf CURRENT ASSErs
16.654
16.654
14,697
TOTALASSETS les5 current liabilities
16,654
16,654
14,697
Crtdltors.. LongTerm Liabillties
io
NEfA55ET5
16.654
16.654
14,697
Funds olthe Ch•rlty
General Funds
Designated Fund5
Resirlcted Funds
16.654
16.654
14,697
Toi•l Fund$
16.654
16.654
14,697
Dlrertors. Responslbllltles..
The Oirectors are sat15fied that lor the year ended 31st December 2024 the Charitable cornpany wa5 entitled to exemptlon
from the requirernent to obtoin èn audit under section 477 of the Companies Act 2006 ond that no member or member5
have required the cornpany to obtain an audit ol its accouTht5 for the year in question in accordance with section 476 01 the
Act. However, in accordance wth section 145 of the Chanties Act 2011. theaccounts ha been exarnined by an Independent
Examiner whose report appears on pa 24.
The Directors ècknowled8e their responsibility for £omplwng the requirements of the Companies Act 2W6 with respect
to accountin8 records and the preparation of accounts.
The accounts hève been prepared in accordance with the PrO$10n$ in Part 15 of the Companies Art 2rx16 appllcable to
compènies subjett to the small companies regime and in ac£ordance with the Financial Reportin8 Standard applicable in the
UK and Republi£ of Ireland IFR51021.
The Director5 acknowledge their re5pon5ibility foT ensuring that the company keep5 proper accounting record5 which comply
with section 386 of the Act and for preparing financial statements which give a true and fair view of the state of affair5 of the
company a5 Bt the end of the financial year and of its profit and 1055 for the financial year in accordance with the
requirement5 of 5ection5 394 and 395 and which otherw75e coMY with the requirernents of the Companie5 Act 2006
relatingto accounts, so far as applicableto the companv.
12 September 2025
Approved by the Directors on the..-...-.-....-..-.-.-.-...-.....-............
.2025 144frIOGMT411
gned on their behalf by Director.............................._................................................._.........._...._...._...._..........................................................
Printed Name.. Marvin Alltn
16
## **NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31ST DECEMBER 2024**
## **1. ACCOUNTING POLICIES**
## **Basis of Preparation & Assessment of Going Concern**
## **Basis of Preparation**
The financial statements 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 financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (SORP 2015) (Second Edition, effective 1st January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and the Charities Act 2011.
The Charity meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost unless otherwise stated in the relevant accounting policy notes.
## **Assessment of Going Concern**
Preparation of the accounts is on a going concern basis. The trustees consider that there are no material uncertainties about the Charity’s ability to continue as a going concern.
## **Incoming Resources**
## _**Recognition of Incoming Resources**_
These are included in the Statement of Financial Activities (SOFA) when:
▪ the charity becomes entitled to the resources;
▪ the trustees are virtually certain they will receive the resources; and
▪ the monetary value can be measured with sufficient reliability
## _**Incoming Resources with Related Expenditure**_
Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resource and related expenditure are reported gross in the SOFA.
## _**Grants and Donations**_
Grants and Donations are only included in the SOFA when the charity has unconditional entitlement to the resources.
## _**Tax Reclaims on Donations and Gifts**_
Incoming resources from tax reclaims are included in the SOFA at the same time as the gift to which they relate.
## _**Contractual Income and Performance Related Grants**_
This is only included in the SOFA once the related goods or services has been delivered.
## _**Gifts in Kind**_
Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind for use by the charity are included in the SOFA as incoming resources when receivable.
## _**Donated Services and Facilities**_
These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility received.
## _**Volunteer Help**_
The value of any voluntary help received is not included in the accounts but is described in the trustees' annual report.
## _**Investment Income**_
This is included in the accounts when receivable.
## _**Investment Gains and Losses**_
This included any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.
17
## **NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31ST DECEMBER 2024**
## **1. ACCOUNTING POLICIES (Continued)**
## **Expenditure and Liabilities**
## _**Liability Recognition**_
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.
## _**Governance Costs**_
Include costs of the preparation and examination of statutory accounts, the costs of the trustees' meetings and cost of any legal advice to trustees on governance or constitutional matters.
## _**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**_
These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to a grant which remain in control of the charity.
## _**Support Costs**_
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of the resources, eg allocating property costs by floor areas, or per capital employed, staff costs by the time spent and other costs by their usage.
## _**Unrestricted Funds**_
These funds can be used for the general objectives of the charity as set out in the trustees report. The movements of the unrestricted funds are given in the Statement of Financial Activities.
## _**Restricted Funds**_
These funds are where the donor has specified a purpose for the donation made. These restrictions often arise as a result of the regular appeals for special offerings.
## _**Designated Funds**_
These funds are funds set aside by the trustees out of unrestricted general funds for specific purposes or projects.
## _**Taxation**_
The charity is exempt from tax on its charitable activities.
## _**Legal Status of the Charity**_
The charity is a company limited by guarantee and has no share capital. 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.
## _**Fixed Tangible Assets**_
Tangible fixed assets for use by the charity, these are capitalised if they can be used for more than one year, and cost at least £1,500. They are valued at cost or, if gifted, at the value to the charity on receipt.
## _**Investments**_
Investments quoted on a recognised stock exchange are valued at market value at the year end. Other investment assets are included at trustees' best estimate of market value.
## _**Depreciation Expense**_
Depreciation is calculated at a rate to write off the cost of tangible fixed assets on a reducing balance basis over their estimated useful lives. The rates applied per annum are as follows:
Fixtures and Fittings 25% Reducing Balance Basis
## **2. TANGIBLE FIXED ASSETS**
The Charity held no fixed assets during this or the previous financial period.
The annual commitments under non-cancelling operating leases and capital commitments are as follows: 31st December 2024 : None 31st December 2023 : None
18
## **NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31ST DECEMBER 2024**
## **3. INCOMING RESOURCES**
|**a) Donations & Legacies**
Gift Aid
Gifts & Donations
Grants
**b) Investment Income**
Interest
**c) Charitable Activities**
Membership Fees
**d) Activities for Generating Funds**
Merchandise Sales
**e) Other Incoming Resources**
Refunds
Sundry Income|Unrestricted
Designated
Restricted
**TOTAL**
**TOTAL**
Funds
Funds
Funds
**2024**
**2023**
£
£
£
£
£
2,125
-
-
2,125
-
16,933
-
-
16,933
2,301
6,000
-
-
6,000
31,358
**25,058**
**-**
**-**
**25,058**
**33,659**
15
-
-
15
-
**15**
**-**
**-**
**15**
**-**
32,333
-
-
32,333
31,477
**32,333**
**-**
**-**
**32,333**
**31,477**
1,340
-
-
1,340
1,969
**1,340**
**-**
**-**
**1,340**
**1,969**
-
-
-
-
595
265
-
-
265
1
**265**
**-**
**-**
**265**
**596**|
|---|---|
19
## **NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31ST DECEMBER 2024**
## **4. RESOURCES EXPENDED**
|**a) Costs of Charitable Activities**
Activities & Events
Equipment Costs
Laundry Costs
League Fees
License & Subscriptions
Medic & Physiotherapy Costs
Referees Fees
Sundry Expenses
Travel & Subsistence
Trophy Costs
Venue Hire
**b) Cost of Generating Funds**
Merchandise Costs
**c) Governance Costs**
Independent Examiners Fee
Legal & Professional Fees|Unrestricted
Designated
Restricted
**TOTAL**
**TOTAL**
Funds
Funds
Funds
**2024**
**2023**
£
£
£
£
£
-
-
-
-
1,213
11,464
-
-
11,464
16,530
-
-
-
-
1,221
-
-
-
-
700
180
-
-
180
-
5,280
-
-
5,280
4,561
3,240
-
-
3,240
3,025
1,237
-
-
1,237
1,577
15,240
-
-
15,240
17,662
-
-
-
-
415
17,905
-
-
17,905
20,946
**54,546**
**-**
**-**
**54,546**
**67,849**
1,487
-
-
1,487
578
**1,487**
**-**
**-**
**1,487**
**578**
1,020
-
-
1,020
960
-
-
-
-
250
**1,020**
**-**
**-**
**1,020**
**1,210**|
|---|---|
20
## **NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31ST DECEMBER 2024**
## **5. RESTRICTED FUNDS**
The Charity held no restricted funds during this or the previous financial period.
## **6. DESIGNATED FUNDS**
The Charity held no designated funds during this or the previous financial period.
## **7. DEBTORS AND PREPAYMENTS**
|Sundry Debtors
**8. CASH AT BANK AND IN HAND**
Cash at Bank and in Hand
**9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Independent Examiners Fee|Unrestricted
Restricted
**TOTAL**
**TOTAL**
Fund
Fund
**31-Dec-24**
**31-Dec-23**
£
£
**£**
**£**
-
-
-
-
**-**
**-**
**-**
**-**
Unrestricted
Restricted
**TOTAL**
**TOTAL**
Fund
Fund
**31-Dec-24**
**31-Dec-23**
£
£
**£**
**£**
17,674
-
17,674
15,657
**17,674**
**-**
**17,674**
**15,657**
Unrestricted
Restricted
**TOTAL**
**TOTAL**
Fund
Fund
**31-Dec-24**
**31-Dec-23**
£
£
**£**
**£**
1,020
-
1,020
960
**1,020**
**-**
**1,020**
**960**|
|---|---|
## **10. CREDITORS: AMOUNTS FALLING DUE IN MORE THAN ONE YEAR**
The Charity held no long term liabilities during this or the previous financial period.
21
## **NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31ST DECEMBER 2024**
## **11. NET ASSETS BETWEEN FUNDS**
|Fixed Asset Investments
Net Current Assets
Long Term Liabilities|Unrestricted
Restricted
**TOTAL**
**TOTAL**
Funds
Funds
**31-Dec-24**
**31-Dec-23**
£
£
£
£
-
-
-
-
16,654
-
16,654
14,697
-
-
-
-
**16,654**
**-**
**16,654**
**14,697**|
|---|---|
## **12. RECONCILIATION OF MOVEMENT ON CAPITAL AND RESERVES**
The Company is Limited by Guarantee and is a Charity registered with the Charity Commission number 1196276 and is not therefore subject to Corporation Tax and does not have a Share capital.
|Profit / Deficit for the financial year
Other Recognised Gains
Balances Brought Forward
Closing Funds at 31st December 2024|**TOTAL**
**2024**
**£**
1,957
-
**1,957**
14,697
**16,654**|**TOTAL**
**2023**
**£**
(1,936)
-
**(1,936)**
16,633
**14,697**|
|---|---|---|
22
## **NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31ST DECEMBER 2024**
## **13. STAFF COSTS AND NUMBERS**
The Charity employed no members of staff during this or the previous financial period.
## **14. PAYMENTS TO DIRECTORS AND RELATED PARTIES**
No payments were made to Directors or any persons connected with them during this financial year. No material transaction took place between the charity and a Director or any person connected with them.
## **15. RISK ASSESSMENT**
The Directors actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The Directors have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks.
## **16. RESERVES POLICY**
The Directors have considered the level of reserves they wish to retain, appropriate to the charity's needs. This is based on the charity's size and the level of financial commitments held. The Directors aim to ensure the charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The directors will endeavour not to set aside funds unnecessarily.
## **17. PUBLIC BENEFIT**
The Charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the charity has achieved this are provided in the Trustees report. The Trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake.
23
## **INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS**
Report to the trustees/ members of the London Warriors American Football Club on the accounts for the year ended 31st December 2024 set out on pages 15 to 23.
## **Respective responsibilities of trustees and examiner**
The Charity's trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the financial statements. The trustees are satisfied that the audit requirement of Section 144(1) of the Charities Act 2011 (the Act) does not apply, and that there is no requirement in the governing document or constitution of the Charity for the conducting of an audit. As a consequence, the trustees have elected that the financial statements be subject to independent examination.
Having satisfied myself that the charity is not subject to audit, and is eligible for independent examination, it is my responsibility to:-
a) examine the accounts under section 145 of the Act;
b) to follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the Act; and;
c) to state whether particular matters have come to my attention.
## **Basis of independent examiner's statement**
I conducted my examination in accordance with the General Directions given by the Charity Commissioners for England & Wales in relation to the conducting of an independent examination, referred to above. An independent examination includes a review of the accounting records kept by the Charity and of the accounting systems employed by the Charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements , and seeking explanations from you as trustees concerning such matters. The purpose of the examination is to establish as far as possible that there have been no breaches of the Charities legislation and that the financial statements comply with the SORP, on a test basis, of evidence relevant to the amounts and disclosures in the financial statements.
The procedures undertaken do not provide all the evidence that would be required in an audit , and information supplied by the trustees in the course of the examination is not subjected to audit tests or enquiries, and consequently I do not express an audit opinion on the view given by the financial statements, and in particular, I express no opinion as to whether the financial statements give a true and fair view of the affairs of the charity, and my report is limited to the matters set out in the statement below.
I planned and performed my examination so as to satisfy myself that the objectives of the independent examination are achieved and before finalising the report I obtain written assurances from the trustees of all material matters.
## **Independent examiner's statement**
In the course of my examination, no matter has come to my attention:
1. which gives me reasonable cause to believe that in, any material respect, the trustees requirements:
· to keep accounting records in accordance with section 386 of the Companies Act 2006; and
· to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of recommended Practice: Accounting and Reporting by Charities.
have not been met; or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
K. Collaku MAAT Castle View Accounting Ltd Ground Floor Offices 53 High Street Arundel West Sussex BN18 9AJ
Date: 18th September 2025
24