**Whitley Amateur Boxing & Fitness Club Registration Number: 1154520 Profit and Loss Account for the year ended 1st November 2024** 

|Turnover<br>Direct costs<br>Administration costs<br>**(Deficit)/Surplus for the year before taxation**<br>Taxation on interest received<br>Note 2<br>**(Deficit)/Surplus for the year after taxation**<br>Transfer to repairs & redecoration reserves<br>**(Deficit)/Surplus for the year**<br>**Surplus brought forward**<br>**Surplus as at 1st November 2024**||**2024**<br>36,154<br>22,343<br>7,025<br>6,786<br>-<br>6,786<br>-<br>6,786<br>35,836<br>42,622||**2023**<br>26,425<br>18,793<br>9,026|
|---|---|---|---|---|
|||||(1,394)<br>-|
|||||(1,394)<br>-|
|||||(1,394)<br>37,230|
|||||35,836|



Page 1 



**Whitley Amateur Boxing & Fitness Club Balance Sheet as at 1st November 2024** 

|**Fixed Assets**<br>Note 5<br>**Current Assets**<br>Debtors<br>Note 3<br>Trading bank accounts<br>Cash in hand<br>Deposit bank account<br>**Creditors: amounts falling**<br>**due within one year**<br>Note 4<br>**Net Current Assets**<br>**Net Assets**<br>**CAPITAL AND RESERVES**<br>Reserves for future expenditure<br>Note 1<br>Profit & loss account<br>Note 1|-<br>43,806<br>100<br>-||**2024**<br>393<br>43,288<br>43,681<br>29,610<br>14,071<br>43,681|-<br>37,408<br>100<br>-||**2023**<br>5<br>36,890|
|---|---|---|---|---|---|---|
||43,906<br>618|||37,508<br>618|||
||||||||
||||||||
|||||||36,895|
|||||||29,610<br>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<br>Deficit of income over expenditure after taxation<br>Transfer to repairs & decoration reserve<br>Grants received relating directly to capital works<br>Capital works**(Point 3)**<br>Balance as at 1st November 2024<br>**NOTE 2: Taxation**<br>No liability in period<br>**NOTE 3: Debtors**<br>Paypal account<br>**NOTE 4: Creditors falling due within one year**<br>Expenses & unpaid invoices<br>Net pay account<br>PAYE account<br>Accruals & deferred income|**Repairs &**<br>**redecoration**<br>29,610<br>-<br>-<br>-<br>-<br>29,610<br>**2024**<br>-<br>**2024**<br>-<br>-<br>**2024**<br>-<br>-<br>-<br>618<br>618||**Profit &**<br>**loss account**<br>7,285<br>6,786<br>-<br>-<br>-|
|---|---|---|---|
||||14,071|
||||**2023**<br>-|
||||**2023**<br>-|
||||-|
||||**2023**<br>-<br>-<br>-<br>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**<br>**Brought forward as at 2nd November 2023**<br>Additions<br>Disposals<br>**Carried forward as at 1st November 2024**<br>**Depreciation**<br>**Brought forward as at 2nd November 2023**<br>Charge in the year<br>Eliminated on disposals<br>**Carried forward as at 1st November 2024**<br>**Net book value**<br>**As at 1st November 2024**<br>**As at 1st November 2023**||**Vehicles**<br>14,394<br>-<br>-|**Equipment**<br>6,339<br>518<br>-|**Total**<br>20,733<br>518<br>-|
|---|---|---|---|---|
|||14,394|6,857|21,251|
|||14,393<br>-<br>-|6,335<br>130<br>-|20,728<br>130<br>-|
|||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:**<br>Donations received<br>Sponsorship<br>Training income<br>Subscriptions<br>Grants<br>Sundry income<br>**Interest received**<br>**Salaries**<br>**Direct costs**<br>**Services**<br>Rent & rates<br>Insurance<br>Electricity<br>**Maintenance & repairs**<br>Building repairs, renewals & maintenance--**(Point 1)**<br>Cleaning & waste collections<br>**Professional fees**<br>Accountancy & payroll<br>Memberships & subscriptions<br>Legal & professional fees--**(Point 2)**<br>**Overheads**<br>Printing, postage & stationery<br>Sundries<br>Advertising & marketing<br>Motor & travel<br>Telephone & internet<br>Depreciation<br>Donations made<br>Trading (deficit)/surplus for the year<br>Transfer to reserves<br>Net (deficit)/surplus|21,601<br>742<br>814<br>65<br>333<br>-<br>286<br>868<br>445<br>60<br>-<br>-<br>24<br>3,446<br>554<br>130<br>-|1,986<br>2,400<br>3,120<br>24,648<br>4,000<br>-<br>**36,154**<br>-<br>**29,368**<br>6,786<br>-<br>6,786|18,240<br>553<br>636<br>65<br>1,448<br>-<br>-<br>1,045<br>350<br>-<br>-<br>-<br>55<br>4,499<br>928<br>-<br>-|4,296<br>2,400<br>2,040<br>17,689<br>-<br>-|
|---|---|---|---|---|
|||||**26,425**<br>-<br>**27,819**|
||Page 5||||
|||||(1,394)<br>-|
|||||(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**<br>Electrical report<br>**Point 3--Capital works**|0.00<br>0.00|
|---|---|
||0.00|
||60.00|
||60.00|
||0.00<br>0.00<br>0.00<br>0.00<br>0.00|
||0.00|



Page 6