REGISTERED CHART NUMBER: 1125545 tatemenls for ihe Ye rvr va13vxlts , Johnstone Howell & Co 11)4 Whiiby Road Ellesmere Port Cheshire CH65 OAB
Deva Boxin Centre Contents forth Y f] inancial Statements ded 26 June 2024 Page Report of the Trustees In<l¢ptrndent Lxaminevs licpurt Ststement of Financial Activities Il<ililllLtt 8lieel Not&s to the Financial.8latemenL8 1)otsiled.%thtomcnt OE frinonoittl Acliviti&q
aBoxin Centre ort of the TteeS Y r Ended 26 June 2 The twstees present their report with the financial ststements of th¢ charity for the year ended 26 Jiine 2024. The tteeS have adopted the provisions of Accounting and Reporting by Charities: Ststernent of Recoinmended Practi¢e applirable to charities preparing their accounts in accoTdanc¢ with the Financial Reporting Standard applicable in the UK and Republi¢ of Ireland (FRS 102) (effective l January 2019). OBJECTIVES AND ACTtVITIES Objectives ond Aims The prornotion of ¢ommunity P8rttcipation in healthy recreation in particular by the provision of facilities for the participation in amateur boxtng. STRUCTURE, COVERNANCE AND (11AGEmENT Governlng document The charity is controlled by its governing documenl, a decd of tntst and ¢onstilus an linincoorated charity. , RF,NCF. AND ADMtNI,STRATIVV, DKT AII.S RLgislLi-LDd Lli#t'ily ziuiiibLI- 1125545 Ejrlnclpal oddre35 3D Chl¢r Ban1( Busin? Ccnt Riv¢1 Lai1¢ Salinev Ch¢slcr CH4 8SL TrustQllB J Moss L J Black (resi¥ned 516r241 G Munsfield (resigned 18110r23) Ms C Corr (oppointcd 181ior23) D l 8iivl¥r(bVe (Hpp(iinlL'(1 $16n4) Independent Exumlner A M Bagnall Johnstone Howell & Co 104 Whilby Road Ellmere Port Chcshire CH65 OAB TANGIBLE FIXED ASSETS The significant iangible fixed assets of ihe charity comprise of ttvo boxing rings and a&soci8ted boxing and gym eqiiipment. Thes¢ items were donated to the charity in 2008. R¢cent grdnt fjJndin& including amounts received from Sports Wales, have enabled the charity to further improve the availablc sporting facilities. Approved by order of the board of trustees on 16 January 2025 and signed on its behalf by: Ms C Carr- Truste¢ Page I
tnde dent Exatnin g Re to tILe T Deva Boxitt Centre Independent examiner's report to the tru5tee5 of Devrd Boxing Centre I report to the charity ttwtees on my examination of the aCc(llts of Deva Boxing Centre (tb¢ Tn1) for the year ended 26 June 2024. Responsibilities and basis ofreport As the charity trustees of the Tnt you are pOnSIble for the preparation of the accounts in accordance witb th¢ requiremellts of th¢ Charities Act 2011 ('the Ad). I report in r&qpect of my examination of the Trust's accounts caled out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Seclion 145(5)(b) of the Act. Independent examiner's statement I have completed tny examination. I confm that no material matters have come to my attention tn ¢omiection with the cxaminatiork giving me cause to believe that in any mT1t¢rial respect: ar,r.Diinting rc.rnrs wc.rc. not ke.pt in rc.spr.c.t of the. Tnist a8 rr.qiiirrd by kqer.lion110 pf the. Arl- 01 the accounts do not accord wilh those rtcords. or the llccounts do not comply with thc opp11bI¢ r¢quircm¢nts cOnrning th¢ fom] and contcnt of accounts s¢t out Iii IIL¢ Cli:Iilil¢b (Aiioiuils iiiid Is) 20014 vilivi th411 lY 1¢4uli¢iri¥iil dJdL iii¥ JiK'vuiil& glvo KL Iruii Iin(I fiiir viuw ivhiijh IN nol Th mullor nl{lro[l Ptirt ofiin indDpondMI oxominution. I hnvo no oonoorne nnd knvo ¢omo noros6 no othor mottor6 in oonnoolion ivith tho oxaminotion to whioh ullonlion shoulil bc drdwn io this report in order to enable a proper under5tAndiDg of the accouots to be mchcd. LL A M f4nEnnll lohnllonc I loivell & ('0 104 Wliliby Ellcsmcre Port Cheshire CH65 OAB 16 January 2025 Page 2
Deva Boxin Ststernent of Financial Activilies f r Ihe Year 2024 2024 Unrestrirted fund 2023 Total ndS Notcs INCOLIqE AF4D EIYDOWMEKfs FROM Donativns dnd legaLies 21,243 25.766 other trading activities 9.245 9,690 30,488 35.456 EXPENDITURE ON RaisinB fvnds 7,110 Charitabl4 actlvlties Pill iiLiwdlivii iii uiiiuleui boxiii 22,067 22,696 Ulli¢i 426 426 Totsl 29,603 34.672 NL'I. INLUME 885 784 RF.CnNCTt,IATtON OF FIIKDS Tul611 lunds. bruu¥hi forw&ir(I 14.309 13,525 TOTAL FUNDS CARRIED FOItWAIiD 15.194 11,309 The not&s fonn part of ihesF fjnancial statements Page 3
Boxin Centre Balance heet 2024 Unrestricted 2023 Total fund5 Notes FTXED ASSETS Tangible. assets 3,111 2,494 CURRENT ASSETS Cash at bank 12,533 13,081 CREDITORS Amounts falling due wiibin one year (450) (1266) NL'I. CUIUILN I. ASSLIS 12.(J113 11,815 TOTAL ASSEI TS LESS C'UIUiEI NT LIADILITIES 1.1,194 14,.309 ITND.8 Uiircstriotcd fid8 15,1911 111,309 'I'(>'I'AI. Tr'IJNL)8 15,194 14,309 Tiie. f(nanri81 .sthle.me.nt.s wr,re, approved by the Board of and authori8ed for i&8ue Dn Ifi January 2025 and were signed on its behalf by: C Carr- TnLStee The not&8 forrn part of these financial statwnents Page 4
Deva Boxin Notes to th Financial Statements f r the Y ar Ended 26 Jiine 2024 ACCOUNTING POLICIES Basis of preparing tb¢ fman¢illl statements The fmancial statements of the charity, which is a public benefit entity under FRS 102, have been prepaTed in accordance with the Charili¢s SORP (FRS 102) 'Accounling and Rcportmg by Llwiti¢s: Statement of Recommended Ptice appli¢able to ¢hariti¢s preparing their accounts in accordance with the Finnn¢ial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (eftective l Janullry 2019),, Financial Reporting Stsndard 102 The Financial Reporting Stsndard applicuble in ihe UK and Republic of Irelund, and the Charities Act 2011. The fJnan¢ial statements have been prar under the historical cost convention. liicollie All income is recognised in the Statement of Finan¢i81 Activities once the Charity has entilletnent to tlie fLmds, it is pwbdbl¢ thal Ihe inLvme will be reL'eived und Ilie 11( Lwi bc tiieasuted reliably. V.¥pondftiire LiabilitiLs aro rccogniscd as cxpcndittwc as soon as th¢w is a Icgal or con5tructivc obligulion wmmitting the charity to that expenditure, it is probablc thal a IransEèr ol economic benellis will be required iri SLlll¢ii)L'iJl aiid IllL AinowJL ol tli¢ obligtttioii t1 bo iMcttsufLd rcliably. Lxp¢i)dituLr is ll¢¢ountcd tor on on accruals basis and has been clirifie(l linder headings that aggregi4 19 1711 cost related to ilie tcgQry. Where cosLs cannoi be direCY attributed to particular hcadings they hdV¢ bccn allocated to activities on a basis consistent with the use ot. rcsvurLe8. TaTrkvlble fix¥d assets DoprL'L'iuli()n ig pr()vided lli ihe r(Ill()win8 unnuthl rnle8 in urdcr lo wrile off cocli ossct ovcr its cslimntcd us¢1 life. Improvements to leasehold propety Gym equipment 'tureS and tittings in accordance with the lease period 2/• on cost 20Yo on cost 'I'axatlon The charity is Cxcmpi from tax on its charitsble activities. Fund accountlng Unrestricted funds Can be used in accordance with the charitable objeclives at the discretion of the trLiStees. Restricted ndS Can only be used for particular testricted PUTposes within the objects of the charity. R¢slrictions arise when spe¢ified by the donor or when fLmds are raised for particular rthiGted purpos¢s. Further explanation of Ihe nattwe and puw of each fid is included in the notes to the financial statements. Hire purchase and leosing roThmitrnents Rentals paid under opcraling leases are ¢har8gd to th¢ Ststemellt of Financial Activities on a Straigh1 line basis over the period of the lease. Page 5 continued...
Boxin Centre to the Financial Statements- continued the Year Ended 26 24 OTHER TRADING AcfiviTILS 2024 2023 Boxing events and shows Sponsorslups 2,595 6.650 1640 7,050 9,245 9,690 TRUSTEES, REMUNERATION AND BENEFITS Tliere were no trusleel remLweralion or oth¢r b¢n¢fiis for the year ended 26 Jun¢ 2024 for the year ended 26 June 2U23. Trustees, expenses Thoro ivoro nu Iru¥loob' VXPQNiQ¥ paid for tho yoor ondod 26 Juno 2024 nor for tho yonr ondod 26 Jun9 2023. COMPARATIVEI s fiOR TtIE STATEMENT ofi fANC A1VITIEs ITnre8lricled tiind INCOME AND ENDOWMENTS FROM Dnnalinns And le.yac.i&8 25,766 Olhlr trading 2etiviti¢s 9,690 Totfil 35,456 EXPENDITITRF, ON Raising funds 11,550 Participation in amaIci boxing 22,696 Other 426 Total 34,672 NET INCOME 784 RECONCILIATION OF FUNDS Total funds brought foTrvard 13.525 TOTAL FUNDS CARRIED FORWARD 14,309 Page 6 continueiL..
entre Notes to the Financial Statements- continued fortheYearE d d2 24 TANGIBLE FIXED ASSETS Improvements lo Ica5chold PTopety Fixtures Gym equipment fittings Totals COST At 27 June 2023 Additions 6,650 19,918 1,348 5,597 1,348 Al 26 Juiio 2024 6,650 21266 5,5Q7 33,513 DEPRECIATION At 27 June 2023 Chargo for ythir 6,649 19,906 22 3,116 709 29,671 731 Al 26 Jiiite 2024 6.649 4.825 JV.4U2 r4E'I' IIUUK VALUE At 26 Junc 2024 1,338 1.772 3,111 At 26 Jiiir 2023 12 2,481 2,494 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Other Lredilors 450 1,266 MOVEMENT IN fuNDS Net movement in ndS Ai 27.6.23 At 26.6.24 Unrestrieted fund8 General fjjnd 14.309 885 15.194 TOTAL FUNDS 14,309 885 15,194 Net tnovement in fids, included in the above are as follows: IncomAng Resour¢es expended Movement in funds Unrestricted funds General fund 30.488 (29,603) 885 TOTAL FU24DS 30,488 (29,603) 885 Page 7 continued...
Deva Boxin Centre t the Financial State for th Year Ended 26 nts- continued 24 MOVEMENT IN FUNDS- continued Comparatives for movement In funds Net movement in funds At 27.6.22 At 26.6.23 Unrestricted funds General fund 13.525 784 14,309 '1 V'['AL i<UNlJS Comparalive nel movcmenl in funds. included in the above are as follows: Res(iiii'ccs r&sOurC expendpAI Movei)iei)t tn fi1ft8 Unr06trlotod funds (ir.nernl hin(I ('14,h'12.) .184 TOTAL fiUNDS J5,456 (34,672) 78¢1 A current year 12 months and prior ycar12 month5 combincd position is as follows: Net movomont in funds Ai 27.6.22 At 26.6.24 UDrii$trictc'(I Iiin¢lJ General fund 13,525 1,669 15.194 TOTAL FUNDS 13,525 1,669 15,194 A ciwrenl year 12 months and prior year 12 moThths combined net movement in fiujds, included in the above ar¢ as follows: locomiog resources Resources expended Movement in funds Unrestricted funds General fund 65,944 (64275) 1,669 TOTAL FUNDS 65,944 (64,275) 1,669 Page 8 conliiiued...
Deva Boxin Cen Notes to the Financial StAtements- conti f rth YarEnded26J 24 RELATED PARTY DESCLOSURES There were no r¢laled party IrdNsactions for the year ended 26 June 2024. Page 9
Boxin Centre etailed Statement ofFinancial Activit f r th Y r Ended 26 June 2024 2024 2023 INCOME AND ENDOWMENTS Donations and Icgacles Gran16 Admissions 3,000 18243 25,766 21.243 25,766 Oth¢r trading #ctivities Boxing events and shows Sponsorships 2,595 6,650 2,640 7,050 9,690 'I'otal Ineomlng r¢soureos JO,488 J5,456 F,xpfi,iYDITtTRF, Ril6lng donitlons and1ogar.1o1 Wages 4,520 9,750 487 d,520 iU,2J2 Othcr trading Activitics I,Ird¢ilU¢4 Uil(I IIL4UIIIII 2,SUII I,J1è4 Chthrittsble lletivitio$ Rcnl and $C1CC chargc8 LiElit and lieal T(tlplioii aiid uitern•l Postage and stalioncry Repairs and maintenance Gym equipment Fixtures and fittin8S 12,906 5.625 778 242 2,225 13,506 d,'I'l'l 661 2,S62 300 890 709 22,067 22,696 Support costs Governance eosts Accountancy 426 426 Total resources expended 29,603 34,672 Nct income 885 784 This page does not fomi part of the ststutory fmancial statements Page 10