REGISTERED COMPANY NUMBER: 07309421 (England and Wales)

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 July 2026

for

LAU GAR LIMITED

(A COMPANY LIMITED BY GUARANTEE)

Page

Report of the Trustees

1

to

2

Statement of Financial Activities

3

Balance Sheet

4

Notes to the Financial Statements

5

to

9

The directors are pleased to present their annual report together with the financial

statements of the charity for the year ended 31 July 2026.

OBJECTIVES AND ACTIVITIES

Objectives and aims

The objectives of the charity are the promotion of community participation in healthy recreation, in particular by the provision of financial support for any activities that will fulfil the objectives of the charity, principally to advance the education of the public in Chinese martial arts.

Public benefit

The Trustees consider that the charitable aims stated above will benefit the public by means of improving both the mental and physical health of the participants. The Trustees are conscious of the need to ensure that the benefits from its activities continue to relate to the charity's aims, and continually monitor events and activities with this in mind. This includes reference to the Charity Commission's guidance on public benefit.

FINANCIAL REVIEW

Financial position

The charity's financial position is broadly unchanged since the end of the previous reporting period. The company has retained funds with a view to providing financial support to suitable applicants for the foreseeable future.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The organisation is a charity limited by guarantee, incorporated on 9 July 2010 and registered as a charity on 30 July 2012. The company was established under its Memorandum of Association and is governed under its Articles of Association.

Recruitment and appointment of new trustees

The directors of the company are also trustees. One third of the directors must retire, in rotation, at successive Annual Meetings. New directors may be appointed by ordinary resolution, notwithstanding that the existing directors may appoint a new director, but that such directors will be subject to retirement and re-appointment at the next Annual Meeting.

Decision making

The directors are responsible, subject to the conditions laid down in the Articles of Association, for making decisions affecting the charity.

Key management remuneration

The directors must not be paid any remuneration, other than as authorised under article 7.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

07309421 (England and Wales)

Registered Charity number

1148347

Registered office

5 Mill Lane

Wheaton Aston

Stafford

Staffordshire

ST19 9NL

Trustees

S V Hunt Director

W P Hornby Director

J Russell Director

Company Secretary

W P Hornby

Approved by order of the board of trustees on 13 October 2026 and signed on its behalf by:

W P Hornby - Trustee

31.7.26

31.7.25

Unrestricted

Total

fund

funds

Notes

£

£

INCOME AND ENDOWMENTS FROM

Investment income

2

1,223

1,950

EXPENDITURE ON

Raising funds

3

972

1,417

Charitable activities

Fundraising events

10,974

9,631

Other

213

-

Total

12,159

11,048

NET INCOME/(EXPENDITURE)

(10,936

)

(9,098

)

RECONCILIATION OF FUNDS

Total funds brought forward

51,080

60,178

TOTAL FUNDS CARRIED FORWARD

40,144

51,080

31.7.26

31.7.25

Unrestricted

Total

fund

funds

Notes

£

£

FIXED ASSETS

Tangible assets

7

420

494

CURRENT ASSETS

Cash at bank

45,470

56,132

CREDITORS

Amounts falling due within one year

8

(5,746

)

(5,546

)

NET CURRENT ASSETS

39,724

50,586

TOTAL ASSETS LESS CURRENT LIABILITIES

40,144

51,080

NET ASSETS

40,144

51,080

FUNDS

9

Unrestricted funds

40,144

51,080

TOTAL FUNDS

40,144

51,080

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2026 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a)	ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 13 October 2026 and were signed on its behalf by:

W P Hornby - Trustee

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Taxation

The charity is exempt from corporation tax on its charitable activities.

2.	INVESTMENT INCOME

31.7.26

31.7.25

£

£

Deposit account interest

1,223

1,950

3.	RAISING FUNDS

Raising donations and legacies

31.7.26

31.7.25

£

£

Support costs

-

397

Investment management costs

31.7.26

31.7.25

£

£

Support costs

898

773

Aggregate amounts

972

1,417

4.	NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

31.7.26

31.7.25

£

£

Depreciation - owned assets

74

87

Deficit on disposal of fixed assets

-

397

Patents and licences amortisation

-

160

5.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 July 2026 nor for the year ended 31 July 2025.

Trustees' expenses

No expenses were paid to trustees during the current year or in the previous year.

6.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

fund

£

INCOME AND ENDOWMENTS FROM

Investment income

1,950

EXPENDITURE ON

Raising funds

1,417

Charitable activities

Fundraising events

9,631

Total

11,048

NET INCOME/(EXPENDITURE)

(9,098

)

RECONCILIATION OF FUNDS

Total funds brought forward

60,178

TOTAL FUNDS CARRIED FORWARD

51,080

7.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 August 2025 and 31 July 2026

1,843

DEPRECIATION

At 1 August 2025

1,349

Charge for year

74

At 31 July 2026

1,423

NET BOOK VALUE

At 31 July 2026

420

At 31 July 2025

494

8.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.26

31.7.25

£

£

Trade creditors

39

-

Accruals and deferred income

5,707

5,546

5,746

5,546

9.	MOVEMENT IN FUNDS

Net

movement

At

At 1.8.25

in funds

31.7.26

£

£

£

Unrestricted funds

General fund

51,080

(10,936

)

40,144

TOTAL FUNDS

51,080

(10,936

)

40,144

Net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

1,223

(12,159

)

(10,936

)

TOTAL FUNDS

1,223

(12,159

)

(10,936

)

Comparatives for movement in funds

Net

movement

At

At 1.8.24

in funds

31.7.25

£

£

£

Unrestricted fund

60,178

(9,098

)

51,080

TOTAL FUNDS

60,178

(9,098

)

51,080

Comparative net movement in funds included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted fund

1,950

(11,048

)

(9,098

)

TOTAL FUNDS

1,950

(11,048

)

(9,098

)

A current year 12 months and prior year 12 months combined position is as follows:

Net

movement

At

At 1.8.24

in funds

31.7.26

£

£

£

Unrestricted fund

60,178

(20,034

)

40,144

TOTAL FUNDS

60,178

(20,034

)

40,144

Net movement in funds included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted fund

3,173

(23,207

)

(20,034

)

TOTAL FUNDS

3,173

(23,207

)

(20,034

)

10.	RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 July 2026.