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 page 1 ## **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| page 2 **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 page 3 **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 page 4 ## **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 page 5 |**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 page 6 ## **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. page 7 **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. page 8 **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. page 9 ## **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_| page 10 ## **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_| page 11