•oJEC The Right Stuff Project Financial Statements For the Year ended 31st March 2024
The Right Stuff Project Committee member's annual report For the year ended 31st March 2024 Main address Mr K Conway 8 The Downs Wildwood Stafford ST17 4NP Trustees Icommittee members Kevin Conway Stuart Ellis Chairperson & Secretary (Trustee) Vice Chairperson (Trustee) (Trustee) Andrea Carson (Project Manager) Andy Whitehall MBE Bankers Unity Trust Bank plc Nine Brindley Place Birmingham B12HB Governance and Management
The project is managed by a management committee who are drawn from the membership, Candidates are elected by paper ballot at the AGM and will serve office for a 12- month period until re-elected at the next AGM in accordance with the Projects constitution dated 24th February 2024. The Trustees determine the general policy of the project. The day to day running of the project is delegated to the Project Manager, supported by the Trustees. The Project Manager undertakes the key leadership role overseeing Volunteer recruitment, and training and administrative functions in consultation with the Trustees. The day-to-day administration of the project is undertaken within the policies and procedures approved by the Trustees, which provide for only significant expenditure decisions and major capital projects to be referred to the Trustees for prior approval. The Trustees met physically on three occasions over the financial year . As well as phone calls held amongst the management committee. Volunteers We would like to thank all our volunteers both adults and young leaders for their commitment in the last 12 months. Which has enabled us to reach more at risk, vulnerable young people and provide them better outcomes . other Relationships The Project Manager, two of the Trustees and all coaches at the project are registered members of England Boxing. The National Governing body for Amateur Boxing in England this registration is renewed annually. As is the Right Stuff s affiliation to England Boxing, this enables individuals to access training in Boxing Coaching, First Aid and Safeguarding. It is also further regulation and oversight of how the activities of the project are run setting high standards in participant safety Risk Management The Trustees are responsible for the overseeing of the risks faced by the project. Detailed considerations of risk are delegated to the Project Manager. Risks are identified, assessed and controls established throughout the year. A formal review of the charity's risk management processes is undertaken on an annual basis. Risk is managed under the headings of financial sustainability, venue safety, participant welfare, employment, boxing trips and events and community access. The main risks that the Trustees have identified and the plans to manage those risks are reputation. The Projects success is built on its reputation for the development and well-being of our participants. We manage this risk through safeguarding policies, staff recruitment policies, and active identification and resolution of health and safety related issues. Risk capacity of the Project manager to carry out all the necessary day-to-day duties of the project and being over reliant on one individual having all the knowledge to keep the project operating successfully. Building greater resilience . Through the risk management processes established for the project, the Trustees are satisfied that the major risks identified have been adequately mitigated
where necessary. It is recognised that systems can only provide reasonable but not absolute assuran that major risks have been adequately managed. Aims and Objectives To divert young people and adults away from criminality , anti-social behaviour and substance abuse including alcohol, by raising self-esteem , discipline and positive activities through the sport of Boxing and other positive activities and involving other professional agencies to assist where particular specialist issues have been identified Summary of the main achievements during the period June- July 2023 - The project was invited to Alleyne's Academy to do a scoping exercise with 35 young people who were causing particular issues in the Academy. The project attended every Thursday for five weeks working with these identified students as a result of which the Academy invited the Right stuff project to return to the Academy in September 2023 to work every Thursday in curriculum time for the 2023124 school year. July - August 2023- We delivered a 5-week summer holiday scheme for the Office of the Staffordshire Fire and Police Commissioners Office. At the Right Stuff Gym in Stafford, Tilling Drive playing fields, Stone and Stafford Rugby Club for 70 young people. September 2023 - The School Intervention Project continued with the start of the new school year 202312024. With the Right Stuff continuing to work Monday to Friday in schools as well as working with referred young people at the Right Stuff gym during the evenings and weekends. In total 83 new young people were referred in for the start of the new school year for the project to work with. The project started to work in Alleyne's Academy, Stone one day a week for the first time . Converting an old disused art room October 2023 - Covid Inequality project commenced in Schools with the running of a Boxing Tutor course and GB Padwork and Boxing Drills Course .23 Adults and Young people were qualified to work on the project and 12 went on to attend self harm awareness days run by the NHS mental Health Midlands Trust January 2024 - We held a Boxing tutor Course at Alleyne's Academy, Stone and qualified 14 young people and adults as Boxing Tutors. Enabling them to volunteer on the Right Stuff, Projects February 2024- - Right Stuff Boxer Amy Nolan attended category at the Golden Girl Box Cup female championship in Boras, Sweden in the first weekend of February. She then won her first senior 66 Kg match before losing in the Semi Finals Medals March 2024- HRH The Duke of Edinburgh and the Duchess of Edinburgh attended the Right Stuff Project gym for a Royal visit on 5th March 2024. Meeting Trustee's, parents, coaches and young people from the Right Stuff, and they presented a plaque in commemoration of their visit . On the 13th of March 2024 the High Sheriff of
In connection with my examination , no matter has come to my attention which gives me reasonable cause to believe that in any material respect the requirements to (a) to keep accounting records . (b) to prepare accounts which accord with the accounting records and comply with any such accounting have not been met ', or (c) to which. In my opinion, attention should be drawn in order to enable a proper understandin f the accounts reached. Signed Name Date Relevant professional qualification Or capacity
The Right Stuff Project Receipts &payments account for year ended 31st March 2024 Receipts Grants £47092 Subscriptions £4126 General Donations £ 1920 Total Receipts £53138.00 Payments Boxing Award Courses £7440.00 Volunteer Expenses £13330.00 Rent £12380.00 Equipment £6819.00 Insurance £104.00 Bank Charges £72.00
Staffordshire Mrs Victoria Hawley visited the Right Stuff Project Gym and presented Coaches and Trustees with a High Sheriff s award for services to Young People. Signed on behalf of the Committee: Signed - Kevin Conway Chairperson Date Independent Examiners Report on the Accounts Report to the members of The Right Stuff Project On the Accounts for the year ended 31st March 2024 Set out on pages Res ective res 5&6 onsibilities of Committee members and examiner The committee members are responsible for the preparation of the accounts. The committee members consider that an audit for this year and that an independent examination is needed. Basis of the Inde endent examiner's statement My examination was carried out in accordance with General directions given by the Charity Commission it includes a review of the accounting records, receipts and payments kept by the club and a comparison of the accounts presented with those records. It also includes consideration of any unusual terms or disclosures in the accounts and seeking explanations from the committee concerning any such matters. The Procedures undertaken do not provide all the evidence that would be required in an audit, and consequently, I do not express an audit opinion on the accounts. Inde endent Examiner's statement
Totsl Payments £ 49926 Net receiptsl {payments) 2022123 £3212 The Right Stuff Project ststement of assets and liabilities At 31st March 2024 Cash Assets Current Account Total Cash Assets O Liabilities These Financial Statements are accepted on behalf of the Right Stuff project by Signed Dated Chair
The Right Stuff Project Notes to the accounts For the year ended 31st March 2024 1. Receipts & payment accounts Receipts and payments accounts are statements that summarise the movement of cash into and out of the organisation during the financial year. In this context, "cash" includes cash equivalents, for example, bank accounts where the cash can be readily withdrawn to pay for debts as they become due. 2. Grants & Donations Grants and donations SPACE Scheme 9965.00 Together Active stafford BC School Intervention Stafford BC Alleyne's Donationsl Subscriptions Total grants and donations 3. Committee members, remuneration During this period, a total of £0 (zero) was reimbursed to any committee member for expenses incurred. 2628.00 33000.00 1500.00 4126.00 51219.00