GRAINGER PARK Financial Stalements For The Year Ended 31 March 2023 Registered Charity No. 1166705 Grainger Park Members of the Management Committee For the year ended 31 March 2023 The Management Committee have pleasure in presenting their report and the Financial Statements for the year ended 31 March 2022 Reference and Admlnlstrallve Delalls Charity No 1166705 Prlnclpal Offlce Scolswood Sports Centre Denton Road Newcastle upon Tyne NE15 7HB Accountanl Mark Thompson MAAT 42 Lesbury Road Healon Newcastle upon Tyne NE6 5LB Management Commlttee M Greenwell M Johnson P Reid D McRoberts C Trotter P Taylor M Laing (Appointed June 2022} Gralnger Park Annual Report 2022-23 Charlty number 1166705 Oble¢ls In accordance wilh the objects of the conslitulion Grainger Park continues to support and asslst young people to develop their capabilities so that they may grow to become active citizens within the community. Our aim is lo promote participation and association through the resources, facilities and funding to offer a broad range ol activities, prografflmes and services that improve the condition of life. Trustees will continue to secure a￿1 relain the centre and facilities for the local communrty in order to further the objeclives. Summary These past 12 months Grainger Park have been establishing and embedding our Development Pathway lor both coaches, volunteers and young people. We promote three bands of boxing 51ages, Juniors, Inlerrnediale and carded boxers. Carded boxers are young people registered with England Boxing, registered on the Vautt ready lo represent and compete lor Grainger Park in a competitive arena. Young Boxers arrive and have lo Master the Boxing Stance and Guard and the first number ol weeks young people are guided through the process lo ensure that once they begin lo develop their skills, techniques and drills they return lo the nalural position. Becoming light on your feel, quick thinking, rnoving from attack, to defend and lo withdraw. Our young boxers are taken through this process slep by slep, moving forward or leli, backwards or right and lo co-ordinate their efforts within the ring. Once movement is perfected boxers are then coached in Boxing Techniques, the jab, Cross, Hook and Uppercut. Each technique has ils own characlerislic and purpose and every boxer must illustrate lo their coach they understand this and can execule the sequence. Delence techniques are covered the Block, Parry and Rolling your opponent, Slipping and Countering an Attack. All our boxers have lo satisty their coach they have mastered and understood the technique, before they can move on. Going hand in Glove with these slages are an improved lilness schedule, bul more importantly is the Allilude and Behavior ol our Boxers and Young People. Compassion. Consideration. Respect and Humility are all instilled in our young people. These attributes are as important as the skills and techniques. Flespect yourself, your fellow boxers, our coaches and volunteers and above all Respect our building. equipment. resources and materials. Over the past 12 months we have collaled a number ol Testimonials from Parents and Guardians who have seen and experienced improvement in behavior and attitude, of their siblings or guardians. al home. in School and the Community- Once the young person is competent in all these stages they are encouraged to move on into the Intermediate Class. Many do so bul there are a number who have no desire lo progress and want lo continue lo attend and keep lil and healthy. And that is fine. We will continue lo encourage members to progress as they get older and their skills improve. Moving on allows our young people lo build strength, improve fitness and develop the skills and attitude reqLJired lo consider repiesenling Grainger Park in a competitive environment. Boxers develop their skills sparring and working on the "pads" with coaches receiving individual tuition, guidance and support. The frequency and opportunity lo train increases with boxers having access to 5 sessions Ihrough the week. The intensity builds. There are a number of boxers who choose to Move onto the next stage lo become a Carded Boxer but rnany decide to stay at this level and sorne decide lo move on and lake their journey lo other providers, knowing that Grainger Park will welcome them back al any time. Stepping up requires a boxer to train. run and exercise 5 times a week and lo keep this regime up for as long as they compete. Trustees have discussed al length the number of boxers who move away from Grainger Park lor various reasons. We always ensure Ihal before they do we have a conversation to inslill upon them that the door, here, will always be open. We want lo recognize the volunteers and coaches who enable Grainger Park lo Deliver our program. They are Juniors- Chris Trotter and Phil Reid Intermediate- Mick Johnson, Lee Major, Mark Laing. Ollie Maynard, Debbie Brunskill and Peter Laing. Carded- Billy Armstrong, Bary McDougal, Graham Connell and Rory Wainwright All coaches are First Aid trained, DBS Checked. Level One trained and we have Coaches trained al Level 2, and 3. We have Welfare Officers and Club Off icials. GP has maintained a long relationship with England Boxing and is a long-standing Member ol the England Boxing Association. Trustees are also committed to ensure our building complies with H&S matters and all Fire lighting equipment is maintained yearly. We have clear ideas on what lo improve lo make the environment better lor all who attend the building. Grainger Park hold 3 Boxing Shows lo highlight our young boxers. Our new Bleecher Sealing has enabled us lo increase our capacity which has intern attracled other Boxing Clubs to use our facilities lo hold their Show. England Boxing have also ulilized the facilities al Grainger Park lo hold regional events. Grainger Park will continue lo support our young people and build on the strong loundalion that has made us one ol the leading Amateur Boxing Charities in the North East. Signed.. . on behalf of the Tnjslees. date: ................. INDEPENDENT EXAMINER'S REPORT Report to the trustees of Grainger Park On accounts for the year ended 31 March 2023 Charlty no 1166705 Respective r•sponsibilities of trustees and exarnlner The Iruslees ol the organisalion are responsible for the preparation of accounts,. they consider that an audit is not required for this year under section 144121 of the Charities Act 2011 and that an Independent Examinalion is needed. It is my responsibility to examine Ihe accounts lunder seclion 145 of the 2011 Act), follow the procedures laid down in the General Directions given by the Charity Commission lunder seclion 14515llbl ol the Act), and slate whether particulaf matters have come lo my attention. Basls of My examination was carried out in accordance with General Directions Independent given by Ihe Charity Commissioners. An examination includes a review of examiner's the accounting records kept by the charity and a comparison ol the statement accounts presented with those records. 11 also includes consideration ol any unusual items or disclosures in the accounts, and seeking explanations from the Iruslees 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. Independent examlnerfs statement In the course ol my examination, no matter has come lo my allenlion.. 1. which gives me reasonable cause to believe that in, any material respect, the trustees have not mel the requirements to ensure Ihal.. proper accounting records are kept lin accordance wrth section 130 01 the Actl: and accounts are prepared which agree with the accounting records and comply with the accounting requirements ol the Act,. or 2. to which. in my opinion, attention should be drawn in order lo enable a proper understanding ol the accounts lo be reached. Slgned: Date: 19 May 2023 Name: Address: Mark Thompson MAAT 42 Lesbury Road Newcastle NE6 5LB Grainger Park ststement Of Finan¢Tal Activities For the year ended 31 March 2023 Unrestricted Restricted Funds Funds Total Funds 2023 Total Funds 2022 Incoming Resources Grant Income Donated Income Venue Hire & Rent Events Insurance Claim Boxing Subs Bank Interest Notes 17200 332 27661 2667 6542 25146 5333 25146 5333 5242 205 5242 205 Total Incoming Resources 35926 35926 54402 Resources Expended Dlrect Charitable Expendituro Heal & Light Repairs and Renewals Rates & Water Rat8S Insurances Premises Licence Cleaning, Maintenance & Office Costs Telephone & Inlernel Event Expenses Accountancy Fees Training & Coaching Cours8S Fuel & Transport Costs Boxing Registration Fees Boxing Equipment & Trophies Consultancy Volunteer & Sundry Expenses 3405 1579 2720 1529 180 989 658 1215 550 1014 386 310 933 3405 1579 2720 1529 180 989 658 1215 550 1014 386 310 933 14344 65086 2273 1694 180 1755 651 1204 525 250 516 619 2406 4135 327 246 246 Total Resources Expended 15714 15714 95966 Net Income (expendlture) tor the year 20212 20212 -41564 Net Movement Between Funds Total Funds as at 1 April 2022 42443 42443 84007 Totsl Funds as al 31 March 2023 62655 62655 42443 Grainger Park Balance Sheet as at 31 March 2023 2023 2022 Notes Currents Assets Cash at Bank 63255 42443 63255 42443 Current Liabililles Nel Current Assets 63255 42443 Nel Assels 63255 42443 Funds Restricted Funds General Funds 62655 42443 62655 42443 Approved by the Committee on and signed on th8ir behalf: Gralnger Park Note$ to the finan¢lal ststements for the year ended 31 March 2023 1 A¢counting Policies 1.1 Basi$ of preparation of a¢¢ount$ The financial statements have been prepared in accordance wilh Accounting and Reporting by Charities.. Statement of Recommended Practice awlicable to charities preparing their accounts in accordance with the Financial ReF)Orting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective 1 January 2015}- Charities SORP IFRS 1021, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006 Grainger Park meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otheN4ise staled in the relevant accounting policy nolelsl- 1.2 Grant rec8lvable and local authorlty fees Grants received are accounted lor on a receivable basis and credited to income. Any grants reslricled lo lulure accounting periods are deferred and recognised in those accounting periods. 1.3 Funds Reslricled funds comprise funds subject to specific reslriclions imposed by donors and lunders. Designated funds are sel aside by the Management Committee as described below (see note 41 Unreslricled funds comprise funds which can be used in accordance with the charitable objectives al the discretion ol the Management Committee. 1.4 Expendlture All is included on the accruals basis and is recognised when there is a legal or constructive obligation lo pay lor expenditure. All costs have been directly allribuled lo one if the functional categories ol resources expended in the SOFA. The charity is not legistered lor VAT and accordingly expenditure is shown gross ol irrecoverable VAT. 2 Grants Recelved No grants were receoved during this period. 3 Employees During the financial year, no staff were directly employed by the Charity 4 Analysls of Funds There were no Reslricled Funds within the financial year.