Registered number: 07559357 Charity number: 1142273
Brighton & Hove Amateur Boxing Club FINANCIAL ACCOUNTS FOR THE YEAR ENDED 31/03/2025
Prepared By: Parsons Royle & Co Ltd Professional Accountants Capital House 2 Market Street Atherton Manchester M46 0DN
Brighton & Hove Amateur Boxing Club
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/03/2025
TRUSTEES
Scott Welch Maria Holliday-Welch Patricia Hanifan
REGISTERED OFFICE
Capital House 2 Market Street Atherton Manchester M46 0DN
COMPANY NUMBER 07559357
CHARITY NUMBER 1142273
ACCOUNTANTS
Parsons Royle & Co Ltd Professional Accountants Capital House 2 Market Street Atherton Manchester M46 0DN
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Brighton & Hove Amateur Boxing Club
ACCOUNTS FOR THE YEAR ENDED 31/03/2025
CONTENTS
| Page | |
|---|---|
| Report of the Trustees | 3 |
| Independent Examiner's Statement | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes to the Accounts | 7 to 11 |
| Detailed Statement of Financial Activities | 10 |
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Brighton & Hove Amateur Boxing Club
TRUSTEES' REPORT
FOR THE YEAR ENDED 31/03/2025
The trustees present their report and accounts for the year ended 31/03/2025
PRINCIPAL ACTIVITIES
The principal activity of the charity in the year under review was that of the provsision of amateur boxing facilities .
STRUCTURE GOVERNANCE AND MANAGEMENT
The Charity is registered as a charitable company limited by guarantee and was set up by a Trust deed on 10 March 2011. The Charity is constituted under a Trust deed dated 10 March 2011 and is a registered charity, number 1142273.
The report was prepared in accordance with the special provisions within Part 15 of the Companies Act 2006.
This report was approved by the Board of Trustees on 22/12/2025
Scott Welch Trustee
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Brighton & Hove Amateur Boxing Club
INDEPENDENT EXAMINER'S STATEMENT
FOR THE YEAR ENDED 31/03/2025
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BRIGHTON & HOVE AMATEUR BOXING CLUB
I report on the accounts of the company for the year ended 31/03/2025 .
RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER
The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. The charity's gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of .
Having satisfied myself that the charity is not subject to an audit under company law and is eligible for independent examination, it is my responsibility to:
-
examine the accounts under section 145 of the 2011 Act;
-
follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
-
state whether particular matters have come to my attention.
BASIS OF INDEPENDENT EXAMINERS STATEMENT
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a "true and fair view" and the report is limited to those matters set out in the statement below.
INDEPENDENT EXAMINERS STATEMENT
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that in any material respect the requirements:
-
to keep accounting records in accordance with section 386 of the Companies Act 2006; and
-
to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities
have not been met
...................................................
Date: 22/12/2025
Parsons Royle & Co Ltd Professional Accountants Capital House 2 Market Street Atherton Manchester M46 0DN
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Brighton & Hove Amateur Boxing Club
Statement of Financial Activities for the year ended 31/03/2025
| Income Income from generated funds Donations and legacies Income from charitable activities Total Income and endowments Expenses Costs of generating funds Expenditure on Raised funds Expenditure on Charitable activities Total Expenses Net gains on investments Net Income Gains/(losses) on revaluation of fixed assests Net movement in funds: Net income for the year Total funds brought forward Net funds carried forward |
Unrestricted funds £ 178,298 38,029 216,327 210,125 3,909 214,034 2,293 2,293 7,228 9,521 |
Restricted funds £ - - - - - - - - - - |
2025 Total £ 178,298 38,029 216,327 210,125 3,909 214,034 2,293 2,293 7,228 9,521 |
2024 Total £ 199,526 15,958 |
|---|---|---|---|---|
| 215,484 | ||||
| 220,558 4,215 |
||||
| 224,773 | ||||
| (9,289) | ||||
| (9,289) 16,518 |
||||
| 7,229 |
This statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities
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| Brighton & Hove Amateur Boxing Club | 2024 £ 7,693 (465) |
|||
|---|---|---|---|---|
| BALANCE SHEET AT 31/03/2025 Notes FIXED ASSETS Tangible assets 2 CURRENT ASSETS Debtors (amounts falling due within one year) 3 Cash at bank and in hand CREDITORS: Amounts falling due within one year 4 NET CURRENT ASSETS / (LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES CAPITAL AND RESERVES Unrestricted funds 6 General fund |
2,973 12,691 15,664 11,913 |
2025 £ 5,770 3,751 9,521 9,521 9,521 |
2,907 7,217 10,124 10,589 |
|
| 7,228 | ||||
| 7,228 | ||||
| 7,228 |
For the year ending 31/03/2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of trustees on 22/12/2025 and signed on their behalf by
.............................
Scott Welch Trustee
.............................
Maria Holliday-Welch Director
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Brighton & Hove Amateur Boxing Club
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31/03/2025
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
1b. Incoming Resources
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
1c. Resources Expended
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.
1d. Allocation And Apportionment Of Costs
All costs relate to the single activity of the charitable company and are recognised accordingly.
1e. 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.
Designated funds are funds set aside by the trustees out of unrestricted general funds for the specific future purposes or projects.
1f. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Motor Cars 25%
1g. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.
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Brighton & Hove Amateur Boxing Club
2. TANGIBLE FIXED ASSETS
| Cost At 01/04/2024 At 31/03/2025 Depreciation At 01/04/2024 For the year At 31/03/2025 Net Book Amounts At 31/03/2025 At 31/03/2024 3. DEBTORS Amounts falling due within one year: Other debtors |
Motor Cars £ 11,790 11,790 4,097 1,923 6,020 5,770 7,693 2025 £ 2,973 2,973 |
Total £ 11,790 |
|---|---|---|
| 11,790 | ||
| 4,097 1,923 |
||
| 6,020 | ||
| 5,770 | ||
| 7,693 | ||
| 2024 £ 2,907 |
||
| 2,907 |
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Taxation and social security Other creditors |
2025 £ 3,755 8,158 11,913 |
2024 £ 3,442 7,147 |
|---|---|---|
| 10,589 |
5. LIMITED BY GUARANTEE
The company is limited by guarantee and does not have a share capital. At 31/03/2025 there were 3 members.
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Brighton & Hove Amateur Boxing Club
6. UNRESTRICTED FUNDS
| General fund | Brought forward £ 7,228 7,228 |
Incoming resources £ 216,326 216,326 |
Outgoing resources £ (214,033) (214,033) |
Transfers £ - - |
Carried forward £ 9,521 |
|---|---|---|---|---|---|
| 9,521 |
7. RELATED PARTY TRANSACTIONS
During the year, the Charity received donations from Fairdene Lodge Limited and Virtus Homes Limited, Limited Companies of which Maria Holliday-Welch and Scott Welch are Directors.
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Brighton & Hove Amateur Boxing Club
Incoming Resources for the year ended 31/03/2025
| Incoming resources Incoming resources from generated funds |
2025 £ 178,298 38,029 216,327 |
2024 £ 199,526 15,958 |
|---|---|---|
| 215,484 |
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Brighton & Hove Amateur Boxing Club
Expenses for the year ended 31/03/2025
| Expenses Costs of generating funds Costs Of Generating Voluntary Income Boxing Show Costs Training and Workshop Costs Sports Equipment and Clothing Travel Expenses Coaching Fees Subscriptions and Licences Insurance Telephone and Internet Repairs and Maintenance (including Cleaning) Printing, Postage and Stationery Rent and Rates Sundry Expenses Advertising Admin Costs Bank Charges Employers Pension Contributions Wages and Salaries Fundraising Activity Costs Charitable Activities Accountancy Governance Costs Depreciation of fixed assets |
2025 £ 20,265 1,539 8,382 5,010 40,790 2,452 3,108 932 19,634 1,250 9,270 1,351 5,155 7,340 57 1,370 82,028 192 210,125 210,125 1,986 1,986 1,923 1,923 214,034 |
2024 £ 19,867 2,757 14,059 9,424 25,232 3,480 2,905 925 39,490 2,277 12,349 356 5,227 2,407 7 1,240 78,556 - |
|---|---|---|
| 220,558 | ||
| 220,558 1,650 |
||
| 1,650 | ||
| 2,565 | ||
| 2,565 | ||
| 224,773 |
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