for the Period Ended 30 September 2024
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 30 September 2024
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
1 October 2023
to
30 September 2024
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
2024 | 2023 | |
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£ |
£ |
Turnover: |
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Cost of sales: |
(
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(
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Gross profit(or loss): |
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Administrative expenses: |
(
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(
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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 | 2024 | 2023 | |
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£ |
£ |
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Current assets | |||
Stocks: | 3 |
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Debtors: | 4 |
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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: | 5 |
(
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(
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Net current assets (liabilities): |
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Total assets less current liabilities: |
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Creditors: amounts falling due after more than one year: | 6 |
(
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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 30 September 2024
Basis of measurement and preparation
Turnover policy
Other accounting policies
for the Period Ended 30 September 2024
2024 | 2023 | |
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Average number of employees during the period |
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for the Period Ended 30 September 2024
2024 | 2023 | |
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£ | £ | |
Stocks |
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Total |
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for the Period Ended 30 September 2024
2024 | 2023 | |
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£ | £ | |
Trade debtors |
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Other debtors |
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Total |
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for the Period Ended 30 September 2024
2024 | 2023 | |
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£ | £ | |
Bank loans and overdrafts |
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Taxation and social security |
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Other creditors |
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Total |
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for the Period Ended 30 September 2024
2023 | ||
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£ | ||
Bank loans and overdrafts |
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Total |
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Our Objective: ‘To carry out activities which benefit the community and in particular (without limitation) to provide physical activity coaching and opportunities for sport-related activity. In addition such activity will be undertaken for the health, social and mental wellbeing benefit of people of all ages and, in particular, young people, older people, and those from marginalised communities living in London.” Our principal activities in the year were to provide a range of sports and social programmes to support better physical and mental health and wellbeing amongst disadvantaged, marginalised, and/or underserved people and communities in London - particularly Westminster, Wandsworth, and Royal Borough of Kensington & Chelsea. Our core sports included badminton, table-tennis, basketball, and football. In addition, and in response to need, we provided an increasing number of sessions to help support better mental health through our wellbeing classes - such as flexibility and strengthening exercises; peer support/mentoring; and social events/activities (eg group walking projects) to reduce isolation and create social networks and friendships. All sessions are delivered by qualified and DBS-checked coaches (often assisted by volunteers) within professionally structured programmes to ensure that everyone can achieve positive outcomes. In the year our charitable community work has represented at least 85% of our total activity as an organisation. We have delivered approximately 1500 hours of activity (running 7 days per week) and reached close to 300 people, at least 40% of whom have been female. We estimate that 80% of our beneficiaries in the year have been from BAME or other minority communities (eg LGBTQ+) and many of those will have faced (or continue to face) multiple disadvantages. Our aim is to help people from marginalised communities take their full and rightful place in the wider community and to be able to access the support and services they need and/or from which they would otherwise be excluded. So, while our principal aim is to tackle immediate needs, we also want to help tackle wider structural inequality and to support people to have the skills, confidence, and opportunities to lead fuller, healthier, and more rewarding lives.
Our Directors who are also our stakeholders are: Mr Edmund Kung Mr Michael Pang Dr Simon Lloyd-Owen Mr Juel Tuazon Mr James Simon Charles Morgan Hitchcock Ms Lissa Landis Dr Susan Teresa Hunt Our other – and main – stakeholders are our service users, whom we consult with regularly about their individual and collective health and social needs and how we might help address those. Consultation also includes co-production of programmes and projects. We consult via one-to-one dialogue; in group forums; and in some instances through advisory panels (such as with our young people advisory group).
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
29 November 2024
And signed on behalf of the board by:
Name: Edmund Kung
Status: Director