2024-05-04-accounts - Breaking Barriers Tennis Association

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Charity Number: 1204567

BREAKING BARRIERS TENNIS ASSOCIATION

FINANCIAL STATEMENTS FOR THE YEAR ENDED 4[TH] MAY 2024

BREAKING BARRIERS TENNIS ASSOCIATION

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Justin Taundi Wanangwa Mkandawire Farai Takawira Charity Number: 1204567 Contact Address 28 Foxcroft Mount Leeds LS6 3NW Independent examiners Lookman Divelli ACMA CGMA Pure Accountancy & Consultancy Services Ltd Association of Chartered Management Accountants 73 Junction Road Bolton BL3 4NF Bankers Natwest Bank plc

BREAKING BARRIERS TENNIS ASSOCIATION

Page Trustees’ report 1 Independent examiners’ report to the trustees 2 Statement of financial activities 3 Balance sheet 4 Notes to the financial statements 5 – 8

BREAKING BARRIERS TENNIS ASSOCIATION

FOR THE YEAR ENDED 4 May 2024

The trustees present their financial statements of the charity for the 12 months to the year ended 4[th] of May 2024. The financial statements have been prepared in accordance with the accounting policies set out on page 6 and comply with the charity’s trust deed and applicable law.

Statement of the Trustees’ Financial Responsibilities

The trustees are responsible for preparing the financial statements in accordance with applicable law and regulations.

The trustees are required to prepare financial statements for each financial period in accordance with Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). The financial statements are required by law to give a true and fair view of the state of affairs of Firdous Foundation and of its incoming resources and application of resources of the charity for that period. In preparing the financial statements, the trustees should follow best practice and:

Select suitable accounting policies and apply these consistently
Make judgements and estimates that are reasonable and prudent
Prepare the financial statements on a going concern basis unless it is inappropriate to assume that Firdous Foundation will continue their activities.

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure the financial statements comply with the applicable law, regulations and the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

On behalf of the Board of Trustees

Farai Takawira (Trustee)

DATE: 07/02/2025

BREAKING BARRIERS TENNIS ASSOCIATION

INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES FOR THE YEAR ENDED 4[th] of MAY 2024

I report on the accounts of the Trust for 12 months up to the year ended 4[th] of May 2024, which are set out on pages 3 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 by a qualified person falling under the section 145(4).

It is my responsibility to:

examine the accounts under section 145 of the 2011 Act;
to follow the procedures laid down in the General Directions given by the Charity Commissioner under section 145(5)(b) of the 2011 Act; and
to state whether particular matters have come to my attention.

Basis of independent examiners’ report

My examination has been carried out in accordance with the General Directions given by the Charity Commissioner. 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 the seeking of 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 examiners’ statement

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

which gives me reasonable cause to believe that, in any material respect, the requirements:
(a) to keep accounting records in accordance with section 130 of the 2011 Act; and
(b) to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act have not been met; or
to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

DATE: 11 February 2025

73 JUNCTION ROAD Bolton BL3 4NF

PURE ACCOUNTANCY & CONSULTANCY SERVICES LTD LOOKMAN DIVELLI ACMA CGMA ASSOCIATION OF CHARTERED MANAGEMENT ACCOUNTANTS

BREAKING BARRIERS TENNIS ASSOCIATION

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 4[th] of May 2024

Notes Incoming Resources Charitable Activities Income 2 Other Income Total Incoming Resources Resources Expended Cost of Generating Funds Charitable Activities 3 Management and Administration 4 Total Resources Expended Net (expenditure)/income for the year Transfers between funds Net movements in Funds Total Funds Brought Forward Total Funds Carried Forward	Unrestricted Funds £ 17,829 - 17,829 (10,381) (244) (10,625) 7,204 - 7,204 0 7,204	Restricted Funds £ - - - - - - - - - - -	Total 2024 £ 17,829 - 17,829 (10,625) (244) (10,625) 7,204 - 7,204 0 7,204	Total 2023 £ - -
				-
				- - -
				- -
				- -
				0

The notes on pages 5 to 8 form part of these accounts.

BREAKING BARRIERS TENNIS ASSOCIATION

BALANCE SHEET

FOR THE YEAR ENDED 4[th ] of May 2024

Notes FIXED ASSETS Tangible Assets 5 CURRENT ASSETS Debtors Cash at Bank and in hand 6 CURRENT LIABILITIES Creditors: Amounts falling due within one year 7 Net Current Assets NET ASSETS FUNDS Unrestricted Funds 8	£ 0 7,204 7,204 (0)	2024 £ 0 7,204 7,204 7,204	£ 0 0 0 (0)	2023 £ 0 0
				0

				0

Approved by the Board of Trustees and signed on their behalf by:

Farai Takawira Trustee

DATE: 1[st] February 2025

The notes on pages 5 to 8 form part of these accounts.

BREAKING BARRIERS TENNIS ASSOCIATION

NOTES TO THE FINANCIAL ACTIVITIES FOR THE YEAR ENDED 4[th] May 2024

1 ACCOUNTING POLICIES

1.1 Basis of accounting

The financial statements are prepared in accordance with applicable accounting standards using the historical cost convention.

The financial statements reflect the requirements of the Statements of Recommended Practice and ‘Reporting and Accounting by Charities’ issued in October 2005.

1.2 Fund Accounting

Unrestricted Funds are funds which are available for the use of discretion of the Trustees in furtherance of the general objectives of the charity and have not been put aside for other purposes.

Restricted Funds are funds which are to be used in accordance with specific restrictions which have been raised by the charity for a specific purpose. The cost of raising and administering such funds are charged against the specific fund.

1.3 Incoming resources

Voluntary income is received by way of donations and gifts and is included in full in the Statement of Financial Activities when receivable. Gifts donated for resale are included as income when they are sold. Donated assets are included at the value to the charity where this can be quantified and a third party is bearing the cost. The value of services provided by volunteers has not been included.

1.4 Resources expended

Resources expended is accounted for on an accrual basis and recognised in the period in which they are incurred. Resources expended include attributable VAT, which cannot be recovered.

Support costs are those costs incurred directly in support of expenditure on the objects of the charity and include project management.

Management and administration costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.

1.5 Tangible fixed assets and depreciation

Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Freehold Land - None Freehold Building - None Fixtures & Fittings - 10% Straight line basis

Properties are included in the balance sheet at cost.

1.6 Tangible fixed assets and depreciation

None of the charity’s functional fixed assets have been revalued during the year.

BREAKING BARRIERS TENNIS ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS (CONT …) FOR THE YEAR ENDED 4[th] of May 2024

2 CHARITABLE ACTIVITIES INCOME Donations 3 Costs of Charitable Activities Charitable Project & Activities Costs Wages & PAYE 4 MANAGEMENT AND ADMINISTRATION Legal & Professional Bank Charges Sundry expenses	Unrestricted Funds £ 17,829	2024 £ 17,829 2024 £ 10,381 0 10,381 2024 £ 244 0 0 244	2023 £ 0
			2023 £ 0 0 0
			2023 £ 0 0 0 0

BREAKING BARRIERS TENNIS ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS (CONT …) FOR THE YEAR ENDED 4[th] of May 2024

5 TANGIBLE FIXED ASSETS COST At 5thof May 2023 Additions Disposals At 4thof May 2024 DEPRECIATION At 5thof May 2023 Charge for the period Disposed in the period At 4thof May 2024 NET BOOK VALUES At 4thof May 2024 At 5thof May 2023 6 CURRENT ASSETS Cash at Bank Cash in Hand 7 CURRENT LIABILITIES Accruals Loans	Property £ - - - - - - - - - -	Fixtures & Fittings £ - - - - - - - - - - 2024 £ 7,204 0 7,204 2024 £ 0 0 0	Total £ - - -
			-
			- - -
			-
			-
			-
			2023 £ 0 0 0
			2023 £ 0 0 0

BREAKING BARRIERS TENNIS ASSOCIATION

NOTES TO THE FINANCIAL STATEMENTS (CONT …) FOR THE YEAR ENDED 4[th] of May 2024

8 UNRESTRICTED FUNDS Unrestricted fund	05/05/2023 £ 0	Incoming £ 17,829	Outgoings £ (10,625)	Transfers £ -	04/05/2024 £
					7,204

The trustees are free to use unrestricted funds in accordance with the charitable objectives.