Registered charity number: 1196899
THE EMMERSON BOYCE FOUNDATION TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024
The Emmerson Boyce Foundation Trustees' Report and Financial Statements For The Year Ended 31 August 2024
Contents
| Page | |
|---|---|
| Charity Information | 1 |
| Trustees' Report | 2 |
| Independent Examiner's Report | 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 2024
| Charity Number | 1196899 |
|---|---|
| Principal Adderss | 20-22 Wenlock 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 2024
The trustees present their report with the financial statements of the charity for the year ended 31 August 2024. 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 2024: No objectives were set for the year 2024 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
05/06/2025
Page 2
The Emmerson Boyce Foundat ion Independent Examiner's Report For The Year Ended 31 August 202 4
I report on the accounts of the Charity for the year ended 31 August 2024 which are set out on pages 4 to 8.
Respective responsibilities of trustees and examiner:
-
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.
-
Having satisfied myself that an audit is not required, it is my responsibility to:
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Examine the accounts under section 145 of the 2011 Act;
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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
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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:
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Which gives me reasonable cause to believe that in any material respect the requirements:
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To keep accounting records in accordance with section 130 of the 2011 Act; an d
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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
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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
05/06/2025
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 2024
| 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 5 |
31 August 2024 Unrestricted Funds £ - - - (9,632) 600 600 (600) (9,032) |
31 August 2024 Restricted Funds £ - - - - - - - - |
31 August 2024 Total Funds £ - - - 600 600 (600) (9,032) (9,632) |
31 August 2023 Total Funds £ - |
|---|---|---|---|---|
| - 108 680 |
||||
| 788 (788) (8,244) |
||||
| (9,032) |
Page 4
The Emmerson Boyce Foundation Balance Sheet As at 31 August 2024
| 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 5 |
31 August 2024 Unrestricted Funds £ - - - (9,632) (9,632) (9,632) - **(9,632) ** |
31 August 2024 Restricted Funds £ - - - - - - - - |
31 August 2024 Total Funds £ (9,632) (9,632) (9,632) (9,632) - - - - (9,632) (9,632) - |
31 August Total Funds £ 2023 (9,047) (9,032) (9,032) (9,032) - - 15 15 (9,032) - (9,032) |
|---|---|---|---|---|
The Financial statements were approved by the Board of Trustees on 5 June 2025 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 2024
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 2024 £ 9,507 125 9,632 |
31 August 2023 £ 8,047 1,000 |
|---|---|---|
| 9,047 |
4. Trustee’s Remuneration and Benefits
There were no trustees' remuneration or other benefits for the year ended 31 August 2024.
Page 6
The Emmerson Boyce Foundation Notes to the Financial Statements (continued) For The Year Ended 31 August 2024
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 £ - 600 31 August 2024 £ - (9,632) (9,632) 600 |
- 31 August 2023 £ (9,032) |
| (9,032) | |||
| Movement in funds £ - (600) |
|||
| (600) |
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 £9,507 (2023: £8,047).
Page 7
The Emmerson Boyce Foundation Detailed Statement of Financial Activities For The Year Ended 31 August 2024
| 31 August | 31 August | 31 August | 31 August | ||
|---|---|---|---|---|---|
| 2024 | 2024 | 2024 | 2023 | ||
| Unrestricted | Restricted | Total Funds | Total Funds | ||
| Funds | Funds | ||||
| £ | £ | £ | £ | ||
| INCOMING RESOURCES | |||||
| Income and endowments from | |||||
| Donations and legacies | |||||
| Donations | - | - | - | - | |
| - | - | - | - | ||
| RESOURCES EXPENDED | |||||
| Education/Training Activities | |||||
| Training Expenses | - | - | - | 108 | |
| Coaches Fees | - | - | - | - | |
| - | - | - | 108 | ||
| Support Costs | |||||
| Travel & Subsistence Expenses | - | - | - | - | |
| Computer and IT Consumables | 100 | - | 100 | 180 | |
| Printing, Postage and stationery | - | - | - | - | |
| Accountancy Fee | 500 | - | 500 | 500 | |
| Bank Charges | - | - | - | - | |
| 600 | - | 600 | 680 | ||
| TOTAL RESOURCES EXPENDED | 600 | - | 600 | 788 | |
| NET INCOME LESS NET EXPENDITURE | (600) | - | (600) | (788) |
Page 8