2023-08-31-accounts

Registered charity number: 1196899

THE EMMERSON BOYCE FOUNDATION TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023

The Emmerson Boyce Foundation Trustees' Report and Financial Statements For The Year Ended 31 August 2023

Contents

	Page
CharityInformation	1
Trustees' Report	2
Independent Examiner'sReport	3
Statement of Financial Activities	4
Balance Sheet	5
Notes to the Financial Statements	6—7
Detailed Statement of Financial Activities	8

The Emmerson Boyce Foundation Charity Information For The Year Ended 31 August 2023

Charity Number	1196899
Principal Adderss	20-22Wenlock Road
	London
	N1 7GU
Trustees	Emmerson Boyce
	Andrew Norkplim Awadzi
	Alessandra Williams
Independent Examiners	Best Choice Chartered Accountants Office 30, Kingfisher House
	21-23 Elmfield Road, Bromley
	BR1 1LT

Page 1

The Emmerson Boyce Foundation Trustees' Report For The Year Ended 31 August 2023

The trustees present their report with the financial statements of the charity for the year ended 31 August 2023. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005.

Registered Charity number: 1196899

Trustees

Emmerson Boyce Andrew Norkplim Awadzi Alessandra Williams

Objectives and Activities

Mission and Vision of the Foundation - Empowering young people: The Emmerson Boyce Foundation strives to use the power of sport to empower young people to make positive life choices.

The Foundation aims to: The Emmerson Boyce Foundation has a strong commitment to empowering young people through various initiatives and programs.

Physical and Mental Wellbeing: The foundation aims to equip children and young people with the resources needed to play and enjoy football. This not only contributes to their physical health but also promotes mental well-being, fostering a holistic approach to development.

Fundraising for Facilities and Equipment: The foundation seeks to raise funds for the development of football facilities and the provision of sporting equipment to communities. This contributes to creating accessible and quality sports infrastructure for young people.

Leadership Programs: Working with primary and secondary schools to deliver leadership programs is a vital aspect of empowering young people. These programs emphasize qualities such as fun, inclusion, and equality, which can help foster leadership skills and a sense of responsibility.

Entrepreneurial and Employment Skills: Providing opportunities that inspire and empower young people to develop entrepreneurial and transferable employment skills is crucial for their future success. This could involve programs or activities that teach skills like teamwork, communication, and problem-solving.

International Mentorship Program: The development of an international mentorship program shows a commitment to offering guidance and support to young people on a global scale. This can facilitate.

Personal and Professional Growth: Connecting them with experienced individuals who can provide valuable insights.

International Competitions, Exchange Programs, and Scholarships: Providing opportunities for young people to participate in international competitions, exchange programs, and scholarships is a great way to broaden their horizons, expose them to different cultures, and expand their educational and athletic horizons.

Overall , these initiatives demonstrate a comprehensive approach to empowering young people by not only focusing on their physical health and well-being but also their personal development, leadership skills, and global exposure. These efforts can have a lasting and positive impact on the lives of young individuals.

Objective for 2023: No objectives were set for the year 2023 due to Emmerson Boyce's job requirements as the Technical Director of the Barbados Football Association. This was to avoid any conflict of interest.

Declarations:

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Emmerson Boyce Trustee

25/06/2024

Page 2

The Emmerson Boyce Foundat ion Independent Examiner's Report For The Year Ended 31 August 2023

I report on the accounts of the Charity for the year ended 31 August 2023 which are set out on pages 4 to 8 .

Respective responsibilities of trustees and examiner:

1. The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

2. Having satisfied myself that an audit is not required, it is my responsibility to:

3. Examine the accounts under section 145 of the 2011 Act;

4. To follow the procedures laid down in the general directions given by the Charity Commission under section 145(5) (b) of the 2011 Act; and

5. To state whether particular matters have come to my attention.

Basis of independent examiner’s report:

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.

Independent examiner’s statement:

In connection with my examination, no matter has come to my attention:

1. Which gives me reasonable cause to believe that in any material respect the requirements:

2. To keep accounting records in accordance with section 130 of the 2011 Act; and

3. To prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act, and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities, have not been met; or

4. To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Signed

Shahzad Fayyaz, ACA

25/06/2024

Best Choice Chartered Accountants Office 30, Kingfisher House 21-23 Elmfield Road Bromley BR1 1LT

Page 3

The Emmerson Boyce Foundation Statement of Financial Activities For The Year Ended 31 August 2023

Notes INCOMING RESOURCES Income and endowments from Donations and legacies TOTAL INCOMING RESOURCES RESOURCES EXPENDED Expenditure on Education and Training activities Support costs TOTAL RESOURCES EXPENDED NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD	31 August 2023 Unrestricted Funds £ - - 108 (9,032) 680 788 (788) (8,244)	31 August 2023 Restricted Funds £ - - - - - - - -	31 August 2023 Total Funds £ - - 108 680 788 (788) (8,244) (9,032)	31 August 2022 Total Funds £ 55,531
				55,531 54,061 9,714
				63,775 (8,244) -
				(8,244)

Page 4

The Emmerson Boyce Foundation Balance Sheet As at 31 August 2023

FIXED ASSETS Tangible Assets 3 CURRENT ASSETS Cash at bank and in hand Creditors: Amounts Falling Due Within One Year NET CURRENT ASSETS (LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES NET NET ASSETS FUNDS Unrestricted funds Restricted funds TOTAL FUNDS	31 August 2023 Unrestricted Funds £ - - 15 (9,032) (9,032) (9,032) 15 (9,047)	31 August 2023 Restricted Funds £ - - - - - - - -	31 August 2023 Total Funds £ (9,047) (9,032) (9,032) (9,032) - - 15 15 (9,032) - (9,032)	31 August 2022 Total Funds £ - (8,547) (8,244) (8,244) (8,244) - 303 303 (8,244) - (8,244)

The Financial statements were approved by the Board of Trustees on 25 June 2024 and were signed on its behalf by:

Emmerson Boyce

Trustee

Page 5

The Emmerson Boyce Foundation Notes to the Financial Statements For The Year Ended 31 August 2023

1. Accounting Policies

1.1. Basis of Preparation of Financial Statements

The financial statements of the charity, 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' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.

1.2. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

1.3. Taxation

The charity is exempt from tax on its charitable activities.

1.4. 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. There are currently no Restricted funds.

1.5. Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

1.6. 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.

2. Staff Costs

The total staff costs and employee benefits for the reporting period was nil.

The charity does not employ any staff but the average number of trustees during the period were 3.

3. Creditors: Amounts Falling Due Within One Year

Other Creditors Accruals and deferred income	31 August 2023 £ 8,047 1,000 9,047	31 August 2022 £ 8,047 500
		8,547

4. Trustee’s Remuneration and Benefits

There were no trustees' remuneration or other benefits for the year ended 31 August 2023.

Page 6

The Emmerson Boyce Foundation Notes to the Financial Statements (continued) For The Year Ended 31 August 2023

5. Movement in funds

5. Movement in funds
Unrestricted funds Restricted funds Net movement in funds, included in the above are as follows: Unrestricted funds Restricted funds TOTAL FUNDS	Incoming resources £ - - -	Resources expended £ - 788 31 August 2023 £ - (9,032) (9,032) 788	- 31 August 2022 £ (8,244)
			(8,244)
			Movement in funds £ - (788)
			(788)

6. Related Party Disclosures

Emmerson Boyce

Emmerson Boyce is a Trustee of The Emmerson Boyce Foundation.

As at year end, the amount owed to Emmerson Boyce was £8,047 (2022: £8,047).

Emmerson Boyce Ltd

Emmerson Boyce (Trustee) is the director of Emmerson Boyce Ltd.

During the year, payments made to Emmerson Boyce Ltd for services provided were Nil (2022: £35,341).

Page 7

The Emmerson Boyce Foundation Detailed Statement of Financial Activities For The Year Ended 31 August 2023

INCOMING RESOURCES Income and endowments from Donations and legacies Donations RESOURCES EXPENDED Education/Training Activities Training Expenses Coaches Fees Support Costs Travel & Subsistence Expenses Computer and IT Consumables Printing, Postage and stationery Accountancy Fee Bank Charges TOTAL RESOURCES EXPENDED NET INCOME LESS NET EXPENDITURE	31 August 2023 Unrestricted Funds £ - - 788 680 108 108 180 500 (788) - - - -	31 August 2023 Restricted Funds £ - - - - - - - - - - - - -	31 August 2023 Total Funds £ 788 680 - - 108 108 - 180 500 (788) - - -	31 August 2022 Total Funds £ 55,531
				55,531 3,394 50,667
				54,061 8,421 40 500 319 434
				63,775 9,714
				(8,244)

Page 8