NEWHAM PANTHERS FC CIC

Company limited by guarantee

Company Registration Number:
13603127 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2023

Period of accounts

Start date: 1 October 2022

End date: 30 September 2023

NEWHAM PANTHERS FC CIC

Contents of the Financial Statements

for the Period Ended 30 September 2023

Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

NEWHAM PANTHERS FC CIC

Profit And Loss Account

for the Period Ended 30 September 2023

2023 13 months to 30 September 2022


£

£
Turnover: 1,949,535 1,345,834
Cost of sales: ( 1,939,535 ) ( 1,345,034 )
Gross profit(or loss): 10,000 800
Distribution costs: ( 16,000 )
Administrative expenses: ( 125,000 )
Operating profit(or loss): 10,000 (140,200)
Interest receivable and similar income: 0
Interest payable and similar charges: 0
Profit(or loss) before tax: 10,000 (140,200)
Profit(or loss) for the financial year: 10,000 (140,200)

NEWHAM PANTHERS FC CIC

Balance sheet

As at 30 September 2023

Notes 2023 13 months to 30 September 2022


£

£
Fixed assets
Intangible assets: 3 3,000 3,000
Tangible assets: 4 1,500 1,500
Investments:   0 0
Total fixed assets: 4,500 4,500
Current assets
Stocks:   0 0
Debtors: 5 1,000 600
Cash at bank and in hand: 0 0
Investments:   0 0
Total current assets: 1,000 600
Creditors: amounts falling due within one year: 6 ( 1,000 ) 0
Net current assets (liabilities): 0 600
Total assets less current liabilities: 4,500 5,100
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 4,500 5,100
Members' funds
Profit and loss account: 4,500 5,100
Total members' funds: 4,500 5,100

The notes form part of these financial statements

NEWHAM PANTHERS FC CIC

Balance sheet statements

For the year ending 30 September 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 10 January 2025
and signed on behalf of the board by:

Name: Jonathan I Lofulo
Status: Director

The notes form part of these financial statements

NEWHAM PANTHERS FC CIC

Notes to the Financial Statements

for the Period Ended 30 September 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

NEWHAM PANTHERS FC CIC

Notes to the Financial Statements

for the Period Ended 30 September 2023

  • 2. Employees

    2023 13 months to 30 September 2022
    Average number of employees during the period 2 4

NEWHAM PANTHERS FC CIC

Notes to the Financial Statements

for the Period Ended 30 September 2023

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 October 2022 3,000 3,000
Additions
Disposals
Revaluations
Transfers
At 30 September 2023 3,000 3,000
Amortisation
At 1 October 2022 0 0
Charge for year
On disposals
Other adjustments
At 30 September 2023 0 0
Net book value
At 30 September 2023 3,000 3,000
At 30 September 2022 3,000 3,000

NEWHAM PANTHERS FC CIC

Notes to the Financial Statements

for the Period Ended 30 September 2023

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 October 2022 1,000 500 1,500
Additions
Disposals
Revaluations
Transfers
At 30 September 2023 1,000 500 1,500
Depreciation
At 1 October 2022
Charge for year
On disposals
Other adjustments
At 30 September 2023
Net book value
At 30 September 2023 1,000 500 1,500
At 30 September 2022 1,000 500 1,500

NEWHAM PANTHERS FC CIC

Notes to the Financial Statements

for the Period Ended 30 September 2023

5. Debtors

2023 13 months to 30 September 2022
£ £
Trade debtors 1,000 600
Prepayments and accrued income 0 0
Other debtors 0 0
Total 1,000 600

NEWHAM PANTHERS FC CIC

Notes to the Financial Statements

for the Period Ended 30 September 2023

6. Creditors: amounts falling due within one year note

2023 13 months to 30 September 2022
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 0 0
Accruals and deferred income 0 0
Other creditors 1,000 0
Total 1,000 0

COMMUNITY INTEREST ANNUAL REPORT

NEWHAM PANTHERS FC CIC

Company Number: 13603127 (England and Wales)

Year Ending: 30 September 2023

Company activities and impact

In the financial year 2023, Newham Panthers FC CIC significantly contributed to the community by offering a variety of programs and initiatives that addressed key social and developmental challenges. Through regular football training sessions and youth development programs, the club provided a safe and engaging environment where young people could stay active, build friendships, and develop critical life skills such as teamwork, discipline, and resilience. The club also expanded its mentoring programs, focusing on supporting young people facing academic pressures, mental health challenges, and social isolation. Workshops to build confidence, improve communication skills, and foster positive decision-making equipped participants with tools to overcome personal obstacles and prepare for their futures. Special attention was given to helping GCSE students with exam readiness and career guidance, ensuring they were supported during a pivotal stage of their education. The club also organized community events promoting inclusivity and unity, bringing together families and residents to celebrate youth achievements and encourage collaboration. These activities provided young people with a platform to showcase their talents and strengthened social bonds across the community. By engaging hundreds of participants throughout the year, Newham Panthers FC CIC played a vital role in reducing youth crime rates, improving mental well-being, and fostering a sense of belonging within Newham. The year’s achievements underscored the club’s commitment to empowering young people and building a stronger, more connected community.

Consultation with stakeholders

Newham Panthers FC CIC places great importance on engaging stakeholders to ensure its programs align with community needs and aspirations. Over the past year, the club conducted a range of consultations to gather valuable feedback and insights from stakeholders, including young participants, parents, local schools, and community leaders. These consultations were carried out through the following methods: Questionnaires and Surveys: The club distributed questionnaires to parents and young people to assess their satisfaction with existing programs and identify areas for improvement. These surveys collected data on the effectiveness of football training sessions, mentoring programs, and workshops, while also inviting suggestions for new initiatives. The feedback revealed a strong demand for more academic support and mental health-focused activities, which have been incorporated into plans. One-to-One Conversations: Personalized discussions were held with parents, young people, and local stakeholders to delve deeper into individual needs and challenges. These conversations allowed the club to understand specific barriers faced by participants, such as financial constraints, limited access to educational resources, and personal struggles with confidence and resilience. The insights gathered informed the design of tailored mentoring and support programs. Focus Groups: The club organized focus groups with youth participants to provide a platform where their voices could be heard directly. These sessions encouraged an open dialogue about their experiences with Newham Panthers FC CIC and their aspirations for future activities. The youth consistently expressed the value they found in combining sports with personal development opportunities. Community Engagement Events: The club held informal events that brought together families, educators, and local organizations to share updates on its work and gather collective feedback. These events fostered a sense of collaboration and ensured that diverse perspectives were included in shaping the club’s direction. By prioritizing consultation with its stakeholders, Newham Panthers FC CIC has been able to refine its programs to better serve the community. The insights gathered have not only strengthened the club’s initiatives but also deepened trust and collaboration with its stakeholders.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
10 January 2025

And signed on behalf of the board by:
Name: Jonathan I Lofulo
Status: Director