for the Period Ended 31 July 2023
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 July 2023
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
1 August 2022
to
31 July 2023
The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006
This report was approved by the board of directors on
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
2023 | 2022 | |
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£ |
£ |
Turnover: |
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Cost of sales: |
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Gross profit(or loss): |
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Administrative expenses: |
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Operating profit(or loss): |
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Profit(or loss) before tax: |
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Profit(or loss) for the financial year: |
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As at
Notes | 2023 | 2022 | |
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£ |
£ |
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Current assets | |||
Debtors: | 3 |
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Cash at bank and in hand: |
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Total current assets: |
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Creditors: amounts falling due within one year: | 4 |
(
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Net current assets (liabilities): |
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Total assets less current liabilities: |
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Total net assets (liabilities): |
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Members' funds | |||
Profit and loss account: |
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Total members' funds: |
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The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 July 2023
Basis of measurement and preparation
Turnover policy
for the Period Ended 31 July 2023
2023 | 2022 | |
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Average number of employees during the period |
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for the Period Ended 31 July 2023
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£ | £ | |
Other debtors |
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Total |
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for the Period Ended 31 July 2023
2023 | ||
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Taxation and social security |
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Accruals and deferred income |
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Other creditors |
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Total |
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During this financial year The Sikh Games CIC have been going around to various Sikh Gurdwara’s (places of worship), to encourage the community to get involved in sport, alongside attending events in the community to engage with the community. Towards of the end of the Financial year 21-22 The Sikh Games Camp prepare for a 2 day Camp at the end of August 2022 the Launch in October 2022. The Camp was planned to insentivise more Athletes to sign-up to The Sikh Games and give them an opportunity to learn and develop professional level sporting guidance and experience from some of the amazing coaches, covering areas of: Sports Science, Sprint, Nutrition, Strength and conditioning, Powerlifting, Cricket, Football, Boxing and Gathka. The Launch event has been sponsored by NatWest Bank for 13 October 2022, which will be attended by some of the biggest businesses/stakeholders within the Sikh community and all The Sikh Games Partners (such as Sport England, FA, ECB, England Squash etc), and some of The Sikh Games Global Ambassadors. The appetite for the event was huge and almost all elements, from venue, catering, drinks, photography have been sponsored. Activities that have taken place during the financial year also include: -Filming Videos for a mobile application that will be developed and used by the Athletes that have signed up. -Filming promo videos to encourage the sign up of Athletes to the Camp -Recording videos to create mini-documentaries of Professional Athletes to inspire others to develop a healthy lifestyle and find a sport to better their health. -Developing the Ops plans and designs for marketing posters for Roadshows around the UK in order to encourage sign up. -Tendering of Insurance quotations in order to ensure there is adequate cover for the delivery of sports once possible to do so in order to encourage sign up -Speaking to more Sporting bodies and getting their involvement in the Sikh Games and reputational support for the initiative
Our Stakeholders are: Sport England, The Football Association, England & Wales Cricket Board, England Boxing, England Squash, British Judo, British Powerlifting, the Gathka Federation, Archery GB, The Army, The Navy, The Royal Air Force, NBA, England Netball and Sporting Equals. They have been consulted to support the Sikh Games with hosting their respective sports to give the following: -Reputational support -Assist with the sports tournament that takes place during The Sikh Games August 2024 -Assist with demo sports at The Sikh Games (to encourage more sign up for the future) -Assist with funding for their respective aspects -Record messages and share on their social media platforms to endorse support. -Assist local clubs with coaching (discounts, women coaches mainly free of cost) -Armed forces (Volunteer support at The Sikh Games, The Camp, Fundraising events, assisting with Army Bands and Parachutes for the Opening Ceremony, assisting local clubs with usage of their facilities to train in) -Royal Navy specifically – Water Polo Matches -Sport England – Sharing The Sikh Games trailers on their platforms and assisting with funding applications. In addition to sporting bodies, we are looking to invite prospective sponsors to assist with the event Launch and if possible also obtain their financial support for the initiative. The Media partners are: Akaal Channel, PBC, Punjab2000, PTC Punjabi, Raaj Radio, Panjab Radio. We have also done a lot of interviews with BBC (Regional, Asian Network). They have been consulted to support The Sikh Games with: -Raising more awareness to encourage people to get fit and healthy -Sharing stories of Ambassadors -Encouraging people to sign up to the UK’s 1st Sikh Games -Encourage donations/sponsorships -Encourage more Volunteers to sign-up and get involved in sport (Coaches, admin, fundraising etc)
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
9 October 2024
And signed on behalf of the board by:
Name: Mandeep Moore
Status: Director