| Page | ||||
|---|---|---|---|---|
| Report ofthe Trustees | ||||
| Independent Examiner's |
Report | |||
| Statement ofFinancial | Activities | |||
| Balance Sheet | ||||
| Notes to the Financial | Statements | 5 | to | 9 |
| Detailed Statement ofFinancial Activities | 10 |
| f | or the Year Ended 26 June | 2021 | |||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| Unrestricted | |||||
| fund | Total funds | ||||
| Notes | g | f. | |||
| INCOME AND ENDOWMENTS | FROM | ||||
| Donations and legacies |
47,967 | 27,100 | |||
| Other trading activities | 4,044 | ||||
| Total | 47,967 | 31,144 | |||
| EXPENDITURE ON | |||||
| Raising funds | 8,468 | 21,408 | |||
| Charitable activities |
|||||
| Participation in amateur |
boxing | 9,376 | 24,348 | ||
| Other | 414 | 402 | |||
| Total | 18,258 | 46,158 | |||
| NET INCOME/(EXPENDITURE) | 29,709 | (15,014) | |||
| RECONCILIATION | OF FUNDS | ||||
| Total funds brought forward |
2,572 | 17,586 | |||
| TOTAL FUNDS CARRIED FORWARD | 32,281 | 2,572 |
| Balance Sheet 26 June 2021 |
||||
|---|---|---|---|---|
| 2021 | 2020 | |||
| Unrestricted | ||||
| fund | Total funds | |||
| Notes | ||||
| FIXEDASSETS | ||||
| Tangible assets |
4,047 | 9,213 | ||
| CURRENT ASSETS | ||||
| Debtors | 925 | |||
| Cash at bank | 38,711 | 2,479 | ||
| 38,711 | 3,404 | |||
| CREDITORS | ||||
| Amounts falling due within |
one year | (10,477) | (10,045) | |
| NET CURRENT ASSETS | 28,234 | (6,641) | ||
| TOTAL ASSETSLESSCURRENT | ||||
| LIABILITIES | 32,281 | 2,572 | ||
| NET ASSETS | 32,281 | 2.572 | ||
| FUNDS | ||||
| Unrestricted funds |
32,281 | 2,572 | ||
| TOTAL FUNDS | 32,281 | 2,572 |
| 2021 | 2020 |
|---|---|
| 4,044 |
| COMPARATIVES F | OR THE ST | ATEMENT OF FINANCIAL AC | TIVITIES |
|---|---|---|---|
| Unrestricted | |||
| fund | |||
| INCOME AND ENDOWMENTS | FROM | ||
| Donations and legacies |
27,100 | ||
| Other trading activities | 4,044 | ||
| Total | 31,144 | ||
| EXPENDITURE ON | |||
| Raising funds | 21,408 | ||
| Charitable activities |
|||
| Participation in amateur |
boxing | 24,348 | |
| Other | 402 | ||
| Total | 46,158 | ||
| NET INCOME/(EXPENDITURE) | (IS,014) | ||
| RECONCILIATION | OF FUNDS | ||
| Total fiends brought forward |
17,586 | ||
| TOTAL FUNDS CARRIED FORWARD | 2,572 |
| 5. | TANGIBLE FIXED ASSETS | TANGIBLE FIXED ASSETS | ||||||
|---|---|---|---|---|---|---|---|---|
| Improvements | ||||||||
| to | Fixtures | |||||||
| leasehold | Gym | and | ||||||
| property | equipment | fittings | Totals | |||||
| 6 | ||||||||
| COST | ||||||||
| At 27 June 2020 | and 26 June 2021 | 6,650 | 19,918 | 2,054 | 28,622 | |||
| DEPRECIATION | ||||||||
| At 27 June 2020 | 4,655 | 13,563 | 1,191 | 19,409 | ||||
| Charge for year | 1,330 | 3,425 | 411 | 5,166 | ||||
| At 26 June 2021 | 5,985 | 16,988 | 1,602 | 24,575 | ||||
| NET BOOK VALUE | ||||||||
| At 26 June 2021 | 665 | 2,930 | 452 | 4,047 | ||||
| At 26 June 2020 | 1,995 | 6,355 | 863 | 9,213 | ||||
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||||||
| 2021 | 2020 | |||||||
| Prepayments | 925 | |||||||
| 7. | CREDITORS: | AMOUNTS FALLING | DUE WITHIN ONE YEAR | |||||
| 2021 | 2020 | |||||||
| Other creditors | 10,477 | 10,045 | ||||||
| 8. | MOVEMENT | IN FUNDS | ||||||
| Net | ||||||||
| movement | ||||||||
| At | 27.6.20 | in funds | At 26.6.21 | |||||
| Unrestricted funds |
||||||||
| General fund |
2,572 | 29,709 | 32,281 | |||||
| TOTAL FUNDS | 2,572 | 29,709 | 32,281 | |||||
| Net movement in funds, included |
in the above are as follows: | |||||||
| Incoming | Resources | Movement | ||||||
| resources | expended | tn funds | ||||||
| Unrestricted funds |
||||||||
| General fund |
47,967 | (18,258) | 29,709 | |||||
| TOTAL FUNDS | 47,967 | (18,258) | 29,709 |
| Compara | tives | for moveme | nt in funds |
|||
|---|---|---|---|---|---|---|
| Net | ||||||
| movement | ||||||
| At 27.6.19 | in fundsf | At 26.6.20 | ||||
| Unrestricted | funds | |||||
| General | fund | 17,586 | (15,014) | 2,572 | ||
| TOTAI | FUNDS | 17,586 | (15,014) | 2,572 | ||
| Comparative | net movement | in funds, included | in the above are as follows: | |||
| Incoming | Resources | Movement | ||||
| resources | expended | in fundsf | ||||
| Unrestricted | funds | |||||
| General | fund | 31,144 | (46,158) | (15,014) | ||
| TOTAL | FUNDS | 31,144 | (46,158) | (15,014) |
| Net | ||||||
|---|---|---|---|---|---|---|
| movement | ||||||
| At | 27.6.19 | in funds | At 26.6.21 | |||
| g | ||||||
| Unrestricted | funds | |||||
| General | fund | 17,586 | 14,695 | 32,281 | ||
| TOTAL | FUNDS | 17,586 | 14,695 | 32,281 |
| Incoming | Resources | Movement | |||
|---|---|---|---|---|---|
| resources | expended | in funds | |||
| Unrestricted | funds | ||||
| General | fund | 79,111 | (64,416) | 14,695 | |
| TOTAL | FUNDS | 79,111 | (64,416) | 14,695 |
| D~Bi C |
|||
|---|---|---|---|
| Detailed Statement of Financial Activities | |||
| for the Year Ended 26 June 2021 | |||
| 2021 | 2020 | ||
| INCOME AND ENDOWMENTS | |||
| Donations and legacies |
|||
| Donations | 10,000 | ||
| Grants | 35,088 | 14,000 | |
| Admissions | 2,879 | 13,100 | |
| 47,967 | 27,100 | ||
| Other trading activities Boxillg evel'its aiitl slio'ivs |
4,044 | ||
| Total incoming resources |
47,967 | 31,144 | |
| EXPENDITURE | |||
| Raising donations and legacies |
|||
| Buildings insurance |
925 | 1,552 | |
| Boxing events and shows | (2,700) | 5,859 | |
| Boxing equipment Boxing coaching Wages |
135 10,108 |
1,025 500 12,322 |
|
| 8,468 | 21,258 | ||
| Other trading activities |
|||
| Licences and insurance | 150 | ||
| Charitable activities |
|||
| Rent and service charges | 3,647 | 13,506 | |
| General rates | 1,673 | ||
| Light and heat Telephone and internet |
197 | 3,320 119 |
|
| Sundries | 366 | 13 | |
| Training courses | 500 | ||
| Improvements to property |
1,330 | 1,330 | |
| Gytn equipment Fixtures and fittings |
3,425 411 |
3,476 411 |
|
| 9,376 | 24,348 | ||
| Support costs | |||
| Governance costs |
|||
| Accountancy | 414 | 402 | |
| Total resources expended | 18,258 | 46,158 | |
| Net income/(expenditure) | 29,709 | (15,014) |