Page 1 BLUE SLATE FOUNDATION (Registered Charity Numbor 11596591 {Company Number CE0024991 REPORT ANO ACCOUNTS FOR THE YEAR ENDED 31st JANUARY 2024 Page 2 BLUE SLATE FOUNDATION REFERENCE & ADMINISTRATION DETAILS FOR THE YEAR ENDED 31st JANUARY 2024 Charitable History Main Charity Name New Earswick Community Gym Registered Charity Number 115￿59 Company Number CE002499 Registered Address 15 Mulberry Court York Y032 9TU Operating Address White Rose Avenue York Y032 4AG Bankers Santander Independent Examiners Parker Hartley & Co. 2 Waverley Street The Groves York Y0317aZ The following people served as members of the management Committee during the year under review Christopher Judge Charles Malarkey Treasurer Page 3 BLUE SLATE FOUNDATION TRUSTEES. ANNUAL REPORT - YEAR ENDED 31st JANUARY 2024 Introduction The Trustees present their Annual Report and Accounts for the year ended 31st January 2024 Structure Governance and Mana ement The Accounts have been prepared on a Receipts and Payments basis and comply with Charity's governing document and the Charities Act 2011. The Charity is a Public Benefit Entity. Ob ectNes and Activities The aims and objectives of the charity are the promotion of community participation in health recreation for the benefit of the inhabitants of York by the proVis￿n of facilities for amateur boxing and other sports. These aims and objects are met through coaching the fitness and ethics of boxirig, the promotion of fitness and the benefi15 of boxing training. ensuring a duty and care of all members, the provision of all services in a way that 15 fair to everyone, and ensuring all current and future members receive fair arsd equal treatment. We believe that our main aclivities further our charitable purposes for the public benefit. Achievements and Performance The charity located and acquired a lease on a propety to run ils core activib"es. Training sessions for members are held a minimum of five nights per week. To further the charity's purposes, special boxing events have been held lo promote and highlight the charity's benefits lo the general publi The charity Is proud lo have an ever-increasing membership and to have attracted a large number of junior members, teaching them core values and ethics in addiiton to the benefits gained by exercise. The Trustees have g1ven due consideration lo the Charity Commission's guidance on the Public Benefit requirement and believe that they have complied with the duty in section 17151 of the Charities Act 2011 to have due regard lo public benefit guidance published by the Charity Commission. Anyone can become a member of the charity.. monthly membership fees a￿ kept to an affordable level at £30 for adults, £20 for students and juniors, wlh an allernalive day membership at £5. Financial Review The charity has a cash surplus of £ 2,79412023 Surplus £ 2,3821 for the year ended 31 January 2024, which when added to cash funds brought forward results In cash funds to carry forward amounting lo £8,656 {2023 - £10,546) These funds will be and have been used to promote further the charity's purposes and attract new members. Reserves Polic The Trustees have reviewed the charity's needs for reserves in line with the guidance issued by the Gharity Commission and aim lo build the level of ￿serveS lo the equivalent of three months general operating costs. 11 is key that a minimum amount of reserves is held lo meet the immediate financial cornmilments on the leased propety. Page 4 BLUE SLATE FOUNDATION TRUSTEES, ANNUAL REPORT- YEAR ENDED 31st JANUARY 2024 Reserves Pol. continued In general terms the unreslricled resetves of the charity are intended to meet the Tisks and contingencies as follows". To enable basic operats'ng activities to be maintained in the event of funding delays. To cover any cash flow gaps in the delivery of project funded activity supported by grants paid in arrears. The provision for an orderly winding down on operations in the event of a significant adverse event that is outsdie the control of the chartiy. As at 31 January 2024, the cash funds balance held on general funds equated to 12 months of operating expenditure budgeted for 2023-24, exceeding the tsrgeted minimum. Plans for Future Periods The Trustees are planning to relocate to new premises. where they can offer sporting and wellbeing facilities to members of the public, financed by securing grants and donations from local benefactors. Structure Governance and Mana emenl The charitys governing document is a Charitable Incorporated Organisation eonslitution IFoundalion model) dated 17 December 2014 and it is a provider of facilities in relabon to amateur boxing and other recreational health activities. Appointments and re-appointments of trustees are made by the members of the charity at the Committee Meetings of the charity. The Trustees have Considered the major risks lor the charity and are sa115fied that there are systems and procedures In place lo manage them. Guarantees No guarantees have been given by the charity and there are no outstanding amounts owed by the charity for which security has been given. Declaration The Trustees declare that they have approved the Trustees, Annual Report above Signed on behalf the charity. rustees Chris Ju ruslee Dale Page 5 BLUE SLATE FOUNDATION STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST JANUARY 2 24 Unrestricted Funds Unrestrlcted Funds Year to 31.01.2024 Year to 31.01.2023 Income Notes Gym Takings 11,389 9,140 Total Incoming Resources 11,389 9.140 Resources Used Direct Chanlable Ex enditure Rent and Rates Accountancy Fees 8,295 300 6,458 300 Total Payments 8,595 6,758 Net Surplus for the Year 2,794 2,382 Investment in Fixed Assets 14,6841 Cash Funds Brought Forward 10,546 7,864 Total Cash Funds Carried Forward 8,656 10,246 Page 6 BLUE SLATE FOUNDATION BALANCE SHEET AS AT 31st JANUARY 2024 31 Janua 2024 31 Janua 2023 Notes Flxed Assets Building 4,684 Current Assets Cash at Bank 8,656 10,546 13,340 10,546 Liabllltles Accfual- Accountancy Fees 300 300 300 300 Nel Current Assets 13,040 10,246 Signed on behall of t e charity's trustees Dale Signed The notes on page 6 fofm part of these Accounts. Page 7 BLUE SLATE FOUNDATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31st JANUARY 2024 ACCOUNTING POLICY Basis of Preparation The Accounts afe prepared on the receipts and payment basis. FUNDS The charity only has unrestricted funds.