REGISTERED CHARITY NUMBER: 1125545
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 26 June 2025
for
Deva Boxing Centre
Johnstone Howell & Co Unit 2 The Oaks Stanney Mill Lane Chester Cheshire CH2 4HY
Deva Boxing Centre
Contents of the Financial Statements for the Year Ended 26 June 2025
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | ||
| Independent Examiner's Report | 2 | ||
| Statement of Financial Activities | 3 | ||
| Balance Sheet | 4 | ||
| Notes to the Financial Statements | 5 | to | 9 |
| Detailed Statement of Financial Activities | 10 |
Deva Boxing Centre
Report of the Trustees for the Year Ended 26 June 2025
The trustees present their report with the financial statements of the charity for the year ended 26 June 2025. The trustees have adopted the provisions of 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).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The promotion of community participation in healthy recreation in particular by the provision of facilities for the participation in amateur boxing.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1125545
Principal address
3D Chester Bank Business Centre River Lane Saltney Chester CH4 8SL
Trustees
J Moss Ms C Carr D L Snelgrove
Independent Examiner
A M Bagnall Johnstone Howell & Co Unit 2 The Oaks Stanney Mill Lane Chester Cheshire CH2 4HY
TANGIBLE FIXED ASSETS
The significant tangible fixed assets of the charity comprise of two boxing rings and associated boxing and gym equipment. These items were donated to the charity in 2008.
Recent grant funding, including amounts received from Sports Wales, have enabled the charity to further improve the available sporting facilities.
Approved by order of the board of trustees on 8 December 2025 and signed on its behalf by:
Ms C Carr - Trustee
Page 1
Independent Examiner's Report to the Trustees of Deva Boxing Centre
Independent examiner's report to the trustees of Deva Boxing Centre
I report to the charity trustees on my examination of the accounts of Deva Boxing Centre (the Trust) for the year ended 26 June 2025.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried 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 Section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
A M Bagnall
Johnstone Howell & Co Unit 2 The Oaks Stanney Mill Lane Chester Cheshire CH2 4HY
8 December 2025
Page 2
Deva Boxing Centre
Statement of Financial Activities for the Year Ended 26 June 2025
| 2025 | 2024 | |||
|---|---|---|---|---|
| Unrestricted | ||||
| fund | Total funds | |||
| Notes | £ | £ | ||
| INCOME AND ENDOWMENTS FROM | ||||
| Donations and legacies | 24,031 | 21,243 | ||
| Other trading activities | 2 | 11,751 | 9,245 | |
| Total | 35,782 | 30,488 | ||
| EXPENDITURE ON | ||||
| Raising funds | 2,025 | 7,110 | ||
| Charitable activities | ||||
| Participation in amateur boxing | 26,080 | 22,067 | ||
| Other | 469 | 426 | ||
| Total | 28,574 | 29,603 | ||
| NET INCOME | 7,208 | 885 | ||
| RECONCILIATION OF FUNDS | ||||
| Total funds brought forward | 15,194 | 14,309 | ||
| TOTAL FUNDS CARRIED FORWARD | 22,402 | 15,194 | ||
The notes form part of these financial statements
Page 3
Deva Boxing Centre
Balance Sheet
26 June 2025
| 2025 | 2024 | |||
|---|---|---|---|---|
| Unrestricted | ||||
| fund | Total funds | |||
| Notes | £ | £ | ||
| FIXED ASSETS | ||||
| Tangible assets | 5 | 2,132 | 3,111 | |
| CURRENT ASSETS | ||||
| Cash at bank | 20,745 | 12,533 | ||
| CREDITORS | ||||
| Amounts falling due within one year | 6 | (475) | (450) | |
| NET CURRENT ASSETS | 20,270 | 12,083 | ||
| TOTAL ASSETS LESS CURRENT | ||||
| LIABILITIES | 22,402 | 15,194 | ||
| NET ASSETS | 22,402 | 15,194 | ||
| FUNDS | 7 | |||
| Unrestricted funds | 22,402 | 15,194 | ||
| TOTAL FUNDS | 22,402 | 15,194 |
The financial statements were approved by the Board of Trustees and authorised for issue on 8 December 2025 and were signed on its behalf by:
C Carr - Trustee
The notes form part of these financial statements
Page 4
Deva Boxing Centre
Notes to the Financial Statements for the Year Ended 26 June 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, 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 Charities Act 2011. 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.
- Improvements to leasehold property in accordance with the lease period Gym equipment - 20% on cost Fixtures and fittings - 20% on cost
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
continued...
Page 5
Deva Boxing Centre
Notes to the Financial Statements - continued for the Year Ended 26 June 2025
2. OTHER TRADING ACTIVITIES
| Boxing events and shows Sponsorships |
2025 £ 5,845 5,906 11,751 |
2024 £ 2,595 6,650 9,245 |
|---|---|---|
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 26 June 2025 nor for the year ended 26 June 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 26 June 2025 nor for the year ended 26 June 2024.
4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| INCOME AND ENDOWMENTS FROM | Unrestricted fund £ |
|---|---|
| Donations and legacies | 21,243 |
| Other trading activities | 9,245 |
| Total | 30,488 |
| EXPENDITURE ON | |
| Raising funds | 7,110 |
| Charitable activities | |
| Participation in amateur boxing | 22,067 |
| Other | 426 |
| Total | 29,603 |
| NET INCOME | 885 |
| RECONCILIATION OF FUNDS | |
| Total funds brought forward | 14,309 |
| TOTAL FUNDS CARRIED FORWARD | 15,194 |
continued...
Page 6
Deva Boxing Centre
Notes to the Financial Statements - continued for the Year Ended 26 June 2025
5. TANGIBLE FIXED ASSETS
| 5. | TANGIBLE FIXED ASSETS | |||||
|---|---|---|---|---|---|---|
| Improvements | ||||||
| to | Fixtures | |||||
| leasehold | Gym | and | ||||
| property | equipment | fittings | Totals | |||
| £ | £ | £ | £ | |||
| COST | ||||||
| At 27 June 2024 and 26 June 2025 | 6,650 | 21,266 | 5,597 | 33,513 | ||
| DEPRECIATION | ||||||
| At 27 June 2024 | 6,649 | 19,928 | 3,825 | 30,402 | ||
| Charge for year | - | 270 | 709 | 979 | ||
| At 26 June 2025 | 6,649 | 20,198 | 4,534 | 31,381 | ||
| NET BOOK VALUE | ||||||
| At 26 June 2025 | 1 | 1,068 | 1,063 | 2,132 | ||
| At 26 June 2024 | 1 | 1,338 | 1,772 | 3,111 | ||
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE | YEAR | ||||
| Other creditors | 2025 £ 475 |
2024 £ 450 |
||||
| 7. | MOVEMENT IN FUNDS | |||||
| Unrestricted funds | At 27.6.24 £ |
Net movement in funds £ |
At 26.6.25 £ |
|||
| General fund | 15,194 | 7,208 | 22,402 | |||
| TOTAL FUNDS | 15,194 | 7,208 | 22,402 | |||
| Net movement in funds, included in the above are as follows: | ||||||
| Unrestricted funds | Incoming resources £ |
Resources expended £ |
Movement in funds £ |
|||
| General fund | 35,782 | (28,574) | 7,208 | |||
| TOTAL FUNDS | 35,782 | (28,574) | 7,208 | |||
continued...
Page 7
Deva Boxing Centre
Notes to the Financial Statements - continued for the Year Ended 26 June 2025
7. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net | |
|---|---|
| movement | |
| At 27.6.23 in funds |
At 26.6.24 |
| £ £ |
£ |
| Unrestricted funds | |
| General fund 14,309 885 |
15,194 |
| TOTAL FUNDS 14,309 885 |
15,194 |
| Comparative net movement in funds, included in the above are as follows: | |
| Incoming Resources resources expended £ £ Unrestricted funds |
Movement in funds £ |
| General fund 30,488 (29,603) |
885 |
| TOTAL FUNDS 30,488 (29,603) |
885 |
| A current year 12 months and prior year 12 months combined position is as follows: | |
| Net movement At 27.6.23 in funds |
At 26.6.25 |
| £ £ Unrestricted funds |
£ |
| General fund 14,309 8,093 |
22,402 |
| TOTAL FUNDS 14,309 8,093 |
22,402 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds | Incoming Resources resources expended £ £ |
Movement in funds £ |
|---|---|---|
| General fund | 66,270 (58,177) |
8,093 |
| TOTAL FUNDS | 66,270 (58,177) |
8,093 |
continued...
Page 8
Deva Boxing Centre
Notes to the Financial Statements - continued for the Year Ended 26 June 2025
8. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 26 June 2025.
Page 9
Deva Boxing Centre
| INCOME AND ENDOWMENTS Donations and legacies Grants Admissions Other trading activities Boxing events and shows Sponsorships Total incoming resources EXPENDITURE Raising donations and legacies Wages Other trading activities Licences and insurance Charitable activities Rent and service charges Light and heat Telephone and internet Postage and stationery Repairs and maintenance Cleaning Gym equipment Fixtures and fittings Support costs Governance costs Accountancy Total resources expended Net income |
Detailed Statement of Financial Activities for the Year Ended 26 June 2025 |
2025 £ - 24,031 24,031 5,845 5,906 11,751 35,782 - 2,025 15,037 3,598 - 327 4,879 1,260 270 709 26,080 469 28,574 7,208 |
2024 £ 3,000 18,243 21,243 2,595 6,650 9,245 30,488 4,520 2,590 12,906 5,625 338 242 2,225 - 22 709 22,067 426 29,603 885 |
|---|---|---|---|
This page does not form part of the statutory financial statements
Page 10