REGISTERED CHARITY NUMBER: 1145055
REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
FOR
REPTON BOXING CLUB
)
Ashford Louis Chartered Certified Accountants 187 High Road Leyton London E15 2BY ‘
Fe
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REPTON BOXING CLUB
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
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|Reference|and|Administrative|Details|1|
|Report of the Trustees|2|to|3|
|Independent Examiner's|Report|4|
|Statement|of Financial|Activities|5|
|Statement|of Financial|Position|6|
|Notes|to|the|Financial|Statements|7|to|ll|
|Detailed|Statement|of Financial|Activities|12|
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REPTON BOXING CLUB
REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 30 JUNE 2025
TRUSTEES David J Robinson Ryan Pickard Darren Barker Gary Cook Maurice Hope David Hill Wendel Henry Ergin Omer John Rider Adebayo Olawale Edun Chris Medina John Murphy Tracey Jago PRINCIPAL ADDRESS 2-10 Ezra Street London E2 7RH REGISTERED CHARITY 1145055 NUMBER INDEPENDENT EXAMINER Ashford Louis Chartered Certified Accountants 187 High Road Leyton London E15 2BY REGISTERED OFFICE Cheshire Street Baths London E2 6EG BANKERS HSBC PLC 465 Bethnal Green London E2 9QW
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REPTON BOXING CLUB REPORTOF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2025
The trustees present their report with the financial statements of the charity for the year ended 30 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 main objectives of the Charity are, the promotion of community participation in healthy recreation for the benefit of the inhabitants of the London borough of Tower Hamlets and the public generally, by the provision of facilities and opportunities for boxing.
The Trustees confirm that they have paid due regard to the guidance contain in the Charity Commission's general guidance on public benefit when reviewing the Trust's aims and objectives for the year.
ACHIEVEMENT AND PERFORMANCE
This season we are very proud of the efforts of all our boxers and volunteer coaches who have all worked very hard. We hosted a tournament which was held at York Hall on 27th November 2024 which we made a small profit to help fund the club. We also hosted our annual dinner show which was held at the Brewery in Chiswell Street, City of London on 30th May 2025 which we madea loss due to rising costs.
Another busy year for both our junior and senior boxers competing in many club shows, Box Cups and Championships The boxers have taken trips to Italy, Poland and Ireland, and all over the UK which is a great experience for them.
2 Haringey senior box cup champions
The Bristol box cup was attended by the juniors and we come away with 7 champions which meant we also won the Top team award.
Success at other box cups
2 boxers received the Powerday bursary award
2 development national champions NABGC champions 2 Youth champions 4 intermediate champions London champions
FINANCIAL REVIEW
Financial position
The charity has no material investments.This year voluntary income decreased by 16%, over all the club made a deficit of £29,149.
Reserves policy
The policy on reserves is that the same amount equal to three months expenditure are held in liguid funds and this level of reserve has been maintained during most of the period in question.
Going concern
No material uncertainties related to events or conditions that may casts significant doubt on the ability of the Trust to continue as a going concern have been identified by the Trustees.
FUTURE PLANS
Next season we aim to achieve more success by entering as many competitions as possible. We are going to hold a tournament at York Hall on 2nd November 2026 and will be holding our annual dinner show at the Royal National Hotel, Bedford Way WC1H on Friday 24th April 2026, Repton versus The Armed forces. We aim for our boxers to achieve great results in this year's upcoming championships.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
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REPTON BOXING CLUB
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 JUNE 2025
The Governing Trust Deed was adopted on 01 September 2010 as amended on 05 December 2011. The Club registered as a charity on 14 December 2011.
The trustees were appointed by agreement of a quorum of the current trustees. The trustees met at least once a month during the year. The day to day operation of the charity is controlled and managed by the trustees. The charity is affiliated to the ABA of England, London ABA, and The Federation of London Youth Clubs.
Risk management
The trustees have assessed the major risks to which the charity is exposed, in particular those relating to the operations and finances of the Charity and are satisfied that systems and controls are in place to mitigate their exposure to the major risks.
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Approved by order of the board of trustees on oF, 22Bok
David J Robinson - Trustee
and signed on its behalf by:
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF REPTON BOXING CLUB
Independent examiner's report to the trustees of Repton Boxing Club
I report to the charity trustees on my examination of the accounts of Repton Boxing Club (the Trust) for the year ended 30 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. J 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:
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accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or
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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.
Hayford Doh (FCCA)
Ashford Louis
Chartered Certified Accountants 187 High Road Leyton London E15one 2BY 02.} lopye
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REPTON BOXING CLUB
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2025
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|---|---|---|---|---|
|;|30.6.25|30.6.24|
|Unrestricted|Total|
|fund|funds|
|Notes|£|£|
|INCOME AND ENDOWMENTS|FROM|
|Donations|and|legacies|79,250|94,337|
|EXPENDITURE|ON|
|Raising|funds|68,056|71,038|
|Charitable|activities|
|Cost of charitable|activies|38,663|33,493|
|Governance|costs|1,680|1,764|
|Total|108,399|106,295|
|NET INCOME/(EXPENDITURE)|.|(29,149)|(11,958)|
|RECONCILIATION|OF FUNDS|
|Total|funds|brought forward|100,471|112,429|
|TOTAL FUNDS|CARRIED FORWARD|71,322|100,471|
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The notes form part of these financial statements
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REPTON BOXING CLUB
STATEMENT OF FINANCIAL POSITION
30 JUNE 2025
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|---|---|---|---|---|---|
|30.6.25|30.6.24|
|Unrestricted|Total|
|fund|funds|
|Notes|£|£|
|FIXED ASSETS|
|Tangible|assets|4|956|985|
|CURRENT ASSETS|
|Debtors|5|1,398|-|
|Cash|at bank|70,648|103,740|
|72,046|103,740|
|CREDITORS|
|Amounts|falling|due within one year|6|(1,680)|(4,254)|
|NET CURRENT ASSETS|70,366|99,486|
|TOTAL ASSETS|LESS|CURRENT|
|LIABILITIES|71,322|100,471|
|NET ASSETS|71,322|100,471|
|FUNDS|7|
|Unrestricted|funds|71,322|100,471|
|TOTAL FUNDS|°|71,322|100,471|
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The financial statements were approved by the Board of Trustees and authorised for issue on ve PLDSSR...2a and were signed on its behalfby:
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KO ZZ
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David J Robinson - Trustee
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Tracey Jago - Trustee
The notes form part of these financial statements
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- ACCOUNTING POLICIES
REPTON BOXING CLUB
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
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 resources
All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income: Voluntary income is received by way of tournament,subscriptions, donations and filming and is included in full in the statement of financial activities when receivable. Grants where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant. ;
Donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included.
Gifts donated for resale are included as incoming resources within activities for generating funds when they are sold.
Grants, including grants for the purchase of fixed assets, are recognised in full in the statement of financial activities in the year in which they are receivable.
Resource expanded
Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates.
Costs of generating funds comprise the costs associated with attracting voluntary income and the costs of trading for fundraising purposes including the charity's shop.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. ,
Fundraising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities.
Support costs are those costs incurred directly in support of expenditure on the objects of the charity and include project management.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Long leasehold - in accordance with the property ; Fixtures and fittings - 25% on reducing balance
A 999 years lease has been negotiated with the landlord. The lease stipulates pepercom rental charges and consequently no rent has been accrued in either current or previous years.
Taxation
The charity is exempt from tax on its charitable activities.
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REPTON BOXING CLUB
NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 30 JUNE 2025
1. ACCOUNTING
POLICIES - continued
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.
2. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees’ remuneration or other benefits for the year ended 30 June 2025 nor for the year ended 30 June 2024.
Trustees’ expenses
There were no trustees! expenses paid for the year ended 30 June 2025 nor for the year ended 30 June 2024.
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|3.|COMPARATIVES|FOR THE|STATEMENT|OF FINANCIAL|ACTIVITIES|
|Unrestricted|
|fund|
|£|
|INCOME AND ENDOWMENTS FROM|
|Donations|and|legacies|94,337|
|EXPENDITURE|ON|
|Raising funds|71,038|
|Charitable|activities|
|Cost of charitable|activies|33,493|
|Governance|costs|1,764|
|Total|.|106,295|
|NET INCOME/(EXPENDITURE)|(11,958)|
|RECONCILIATION|OF FUNDS|
|Total|funds|brought|forward|112,429|
|TOTAL FUNDS|CARRIED FORWARD|100,471|
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REPTON BOXING CLUB
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2025
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|4,|TANGIBLE|FIXED ASSETS|
|Fixtures|
|Long|and|
|leasehold|fittings|Totals|
|£|£|£|
|COST|
|At|1|July 2024 and|30|June 2025|938|2,006|2,944|
|DEPRECIATION|
|At|1|July 2024|25|1,934|1,959|
|Charge|for year|1|28|29|
|At 30|June 2025|26|1,962|1,988|
|NET BOOK VALUE|
|At 30 June 2025|912|44|956|
|At 30|June|2024|913|72|985|
|5.|DEBTORS:|AMOUNTS FALLING DUE WITHIN|ONE YEAR|
|30.6.25|30.6.24|
|£|£|
|Prepayments|1,398|-|
|6.|CREDITORS:|AMOUNTS|FALLING DUE WITHIN ONE YEAR|
|30.6.25|30.6.24|
|£|£|
|Other|creditors|1,680|4,254|
|7.|MOVEMENT|IN FUNDS|
|Net|
|movement|At|
|At|1.7.24|in|funds|30.6.25|
|£|£|£|
|Unrestricted|funds|
|General fund|100,471|(29,149)|71,322|
|TOTAL FUNDS|100,471|(29,149)|71,322|
|Net movement|in|funds,|included|in|the|above|are|as|follows:|
|Incoming|Resources|Movement|
|resources|expended|in funds|
|£|£|£|
|Unrestricted|funds|
|General|fund|79,250|(108,399)|(29,149)|
|TOTAL FUNDS|79,250|(108,399)|(29,149)|
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REPTON BOXING CLUB
- MOVEMENT IN FUNDS- continued
NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 30 JUNE 2025
Comparatives for movement in funds
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|Net|
|movement|At|
|At|1.7.23|in|funds|30.6.24|
|£|£|£|
|Unrestricted|funds|
|General fund|112,429|(11,958)|100,471|
|TOTAL FUNDS|112,429|(11,958)|100,47]|
|Comparative|net movement|in funds,|included|in the|above|are|as|follows:|
|Incoming|Resources|Movement|
|resources|expended|in funds|
|£|£|£|
|Unrestricted|funds|
|General fund|94,337|(106,295)|(11,958)|
|TOTAL FUNDS|94,337|(106,295)|(11,958)|
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A current year 12 months and prior year 12 months combined position is as follows:
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|---|---|---|---|---|
|Net|
|movement|At|
|At|1.7.23|in|funds|30.6.25|
|£|£|£|
|Unrestricted|funds|
|General|fund|112,429|(41,107)|71,322|
|TOTAL FUNDS|112,429|(41,107)|71,322|
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A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
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|---|---|---|---|---|
|Incoming|Resources|Movement|
|resources|expended|in funds|
|£|£|£|
|Unrestricted|funds|
|General|fund|173,587|(214,694)|(41,107)|
|TOTAL FUNDS|173,587|(214,694)|(41,107)|
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REPTON BOXING CLUB
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 JUNE 2025
8. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 30 June 2025.
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REPTON BOXING CLUB
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2025
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|30.6.25|30.6.24|
|£|£|
|INCOME AND ENDOWMENTS|
|Donations|and|legacies|
|Tournament|income|51,804|43,721|
|Donations|9,218|7,000|
|Filming income|15,823|20,060|
|Subscriptions|830|1,500|
|Sponsorship|1,575|22,056|
|79,250|94,337|
|Total incoming|resources|79,250|94,337|
|EXPENDITURE|
|Other|trading|activities|
|Tournament expenses|4,919|31,255|
|Filming|costs|63,137|39,783|
|68,056|71,038|
|Charitable|activities|
|Cleaning|costs|812|291|
|Rates|and water|1,340|761|
|Insurance|2,916|2,603|
|Light and|heat|916|-|
|Telephone|2,239|2,475|
|Postage|and|stationery|379|358|
|Advertising|and website|costs|936|935|
|Hotel,|lodging|and|travel|exp|20,663|18,546|
|A.B A|Registrations|3,427|5,466|
|Trainer's|fees|3,875|1,950|
|Repairs|and renewals|996|70|
|Long|leasehold|1|1|
|Fixtures|and|fittings|27|37|
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|38,527|33,493|
|Support|costs|
|Governance|costs|
|Accountancy|and|legal|fees|780|700|
|Independent|examiner's|fee|900|950|
|Bank charges|136|114|
|1,816|1,764|
|Total resources|expended|108,399|106,295|
|Net expenditure|(29,149)|(11,958)|
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This page does not form part of the statutory financial statements
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