Whitley Amateur Boxing & Fitness Club Registration Number: 1154520 Profit and Loss Account for the year ended 1st November 2024
| Turnover Direct costs Administration costs (Deficit)/Surplus for the year before taxation Taxation on interest received Note 2 (Deficit)/Surplus for the year after taxation Transfer to repairs & redecoration reserves (Deficit)/Surplus for the year Surplus brought forward Surplus as at 1st November 2024 |
2024 36,154 22,343 7,025 6,786 - 6,786 - 6,786 35,836 42,622 |
2023 26,425 18,793 9,026 |
||
|---|---|---|---|---|
| (1,394) - |
||||
| (1,394) - |
||||
| (1,394) 37,230 |
||||
| 35,836 |
Page 1
Whitley Amateur Boxing & Fitness Club Balance Sheet as at 1st November 2024
| Fixed Assets Note 5 Current Assets Debtors Note 3 Trading bank accounts Cash in hand Deposit bank account Creditors: amounts falling due within one year Note 4 Net Current Assets Net Assets CAPITAL AND RESERVES Reserves for future expenditure Note 1 Profit & loss account Note 1 |
- 43,806 100 - |
2024 393 43,288 43,681 29,610 14,071 43,681 |
- 37,408 100 - |
2023 5 36,890 |
||
|---|---|---|---|---|---|---|
| 43,906 618 |
37,508 618 |
|||||
| 36,895 | ||||||
| 29,610 7,285 |
||||||
| 36,895 |
Signed and agreed by the trustees: Earl Stewart Dan Muston 11th July 2025
Page 2
Whitley Amateur Boxing & Fitness Club Notes to the financial statements for the year ended 1st November 2024
NOTE 1: Reserve for future expenditure
| Balances as at 2nd November 2023 Deficit of income over expenditure after taxation Transfer to repairs & decoration reserve Grants received relating directly to capital works Capital works(Point 3) Balance as at 1st November 2024 NOTE 2: Taxation No liability in period NOTE 3: Debtors Paypal account NOTE 4: Creditors falling due within one year Expenses & unpaid invoices Net pay account PAYE account Accruals & deferred income |
Repairs & redecoration 29,610 - - - - 29,610 2024 - 2024 - - 2024 - - - 618 618 |
Profit & loss account 7,285 6,786 - - - |
|
|---|---|---|---|
| 14,071 | |||
| 2023 - |
|||
| 2023 - |
|||
| - | |||
| 2023 - - - 618 |
|||
| 618 |
Page 3
Whitley Amateur Boxing & Fitness Club Notes to the financial statements for the year ended 1st November 2024
NOTE 5: Fixed assets
| Costs Brought forward as at 2nd November 2023 Additions Disposals Carried forward as at 1st November 2024 Depreciation Brought forward as at 2nd November 2023 Charge in the year Eliminated on disposals Carried forward as at 1st November 2024 Net book value As at 1st November 2024 As at 1st November 2023 |
Vehicles 14,394 - - |
Equipment 6,339 518 - |
Total 20,733 518 - |
|
|---|---|---|---|---|
| 14,394 | 6,857 | 21,251 | ||
| 14,393 - - |
6,335 130 - |
20,728 130 - |
||
| 14,393 | 6,465 | 20,858 | ||
| 1 | 392 | 393 | ||
| 1 | 4 | 5 |
Page 4
Whitley Amateur Boxing & Fitness Club Detailed trading and profit & loss account for the year ended 1st November 2024
2024
2023
| Income: Donations received Sponsorship Training income Subscriptions Grants Sundry income Interest received Salaries Direct costs Services Rent & rates Insurance Electricity Maintenance & repairs Building repairs, renewals & maintenance--(Point 1) Cleaning & waste collections Professional fees Accountancy & payroll Memberships & subscriptions Legal & professional fees--(Point 2) Overheads Printing, postage & stationery Sundries Advertising & marketing Motor & travel Telephone & internet Depreciation Donations made Trading (deficit)/surplus for the year Transfer to reserves Net (deficit)/surplus |
21,601 742 814 65 333 - 286 868 445 60 - - 24 3,446 554 130 - |
1,986 2,400 3,120 24,648 4,000 - 36,154 - 29,368 6,786 - 6,786 |
18,240 553 636 65 1,448 - - 1,045 350 - - - 55 4,499 928 - - |
4,296 2,400 2,040 17,689 - - |
|---|---|---|---|---|
| 26,425 - 27,819 |
||||
| Page 5 | ||||
| (1,394) - |
||||
| (1,394) |
Whitley Amateur Boxing & Fitness Club Notes to the Profit & Loss account as at 1st November 2024
Point 1--Repairs & maintenance
| Point 2--Legal & professional Electrical report Point 3--Capital works |
0.00 0.00 |
|---|---|
| 0.00 | |
| 60.00 | |
| 60.00 | |
| 0.00 0.00 0.00 0.00 0.00 |
|
| 0.00 |
Page 6