LIONS MMA (WALSALL)
To promote community participation in healthy recreation by providing or assisting in the provision of facilities for martial arts.To further such other charitable purposes for the public benefit as are exclusively charitable according to the laws of England and Wales as the trustees may from time to time determine.
Financial health, per its FY2024 accounts
The accounts state that the charity had unrestricted receipts of £41,453 and payments of £35,771, resulting in a net surplus of £5,682 for the period. The trustees confirm that the charity does not currently have a reserves policy. The document does not disclose any specific unrestricted reserves balance or going concern qualifications.
What the accounts disclose
Trustees
- Inderpal Singh Khalsachair
- Harpreet Singh Moore
- Ipinderjit Singh Bhandal
- Subeagh Singh Khalsa
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £41k | £36k |
| 31/12/2023 | £19k | £28k |
| 31/12/2022 | £1k | £5k |
| 31/12/2021 | £5k | £14k |
| 31/12/2020 | £11k | £7k |
Common questions
Is LIONS MMA (WALSALL) financially healthy?
Per its FY2024 accounts: The accounts state that the charity had unrestricted receipts of £41,453 and payments of £35,771, resulting in a net surplus of £5,682 for the period. The trustees confirm that the charity does not currently have a reserves policy. The document does not disclose any specific unrestricted reserves balance or going concern qualifications.