The Lion Strength and Fitness Academy
Charity number 1170725
A company limited by guarantee number 09437429
Annual Report and Financial Statement for the year ended 28 February 2026
The Lion Strength and Fitness Academy
Annual Report and Financial Statement for the year ended 28 February 2026
| Contents | Page |
|---|---|
| Trustees' report | 2 to 4 |
| Examiner's report | 5 |
| Statement of financial activities | 6 |
| Balance sheet | 7 |
| Notes to the accounts | 8 to 11 |
The Lion Strength and Fitness Academy
Trustees' report for the year ended 28 February 2026
Reference and administrative details of the charity, its trustees and advisors
The trustees during the financial year and up to and including the date the report was approved were:
| Name | Position | Dates |
|---|---|---|
| Mohammed Khalil Alam | ||
| Nazaim Hussain | ||
| Barktali Rajabali Walji | ||
| Faisel Ali | Appointed 21 January 2025 | |
| Charity number | 01170725 | Registered in England and Wales |
| Company number | 09437429 | Registered in England and Wales |
| Registered and principal address | Bankers |
|
| Robin Mills | National Westminster Bank |
|
| Leeds Road | PLC |
|
| Bradford | 1 Market Street |
|
| West Yorkshire | Bradford |
|
| BD10 9TE | BD1 1EG | |
| HSBC Bank Plc | ||
| 47 Market Street | ||
| Bradford | ||
| BD1 1LW | ||
| Independent examiner | ||
| Bilal Khan - IFA | ||
| AK Acocuntants | ||
| 562 - 564 Manchester Road, Bradford | ||
| BD5 7LR |
Structure governance and management
The charity is a company limited by guarantee and was formed on 12th February 2015. It is governed by a memorandum and articles of association as amended by special resolution on 7 December 2016. The liability of the members in the event of the company being wound up is limited to a sum not exceeding £1.
Method of recruitment and appointment of trustees
The trustees of the charity are also the directors for the purposes of company law and are appointed by the members at the AGM.
Objectives and activities
The charity's objects
The promotion of community participation in healthy recreation for the benefit of the inhabitants of Thackley, Eccleshill and the surrounding areas of East Bradford by the provision of a community gym and opportunities to participate in boxing.
The charity's main activities
Provision of gym and boxing facilities and coaching.
Public benefit statement
In setting our objectives and planning our activities our Trustees have given serious consideration to the Charity Commission’s general guidance on public benefit.
Achievements and performance
The Lion gym has continued to grow its membership and achieved a stage where it is now able to pay its rent and costs and leave some money behind to break even and move forward with developing the club further. We now have offered more classes on the timetable including dance, yoga and Pilates and more days that the boxers can box. We will continue to work with Bradford Council Youth Services and looking to expand this network by start working with homeless organisation Centre Point, this will help us serve the community and look at getting more customers in the future. We have done some great fund raising at the boxing shows but this can be area that we ned to improve with and looking to start getting more sponsors to come on board with us. I can confirm that the none of the trustees have been paid and the main costs are rates, rent and expenses.
Financial review
The net expenditure for the year was £5K, all relating to unrestricted funds.
Reserves policy
The charity currently doesn't have a reserves policy. The charity's free reserves, excluding fixed assets, at the year end were £68,717.
The Lion Strength and Fitness Academy
Trustees' report (continued) for the year ended 28 February 2026
Statement of trustees' responsibilities
The trustees (who are also the directors for the purposes of company law) are responsible for preparing the Trustees report and the financial statements in accordance with the applicable law and UK Accounting Standards.
Company law requires the trustees to prepare financial accounts for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for the year. In preparing these financial statements, the trustees are required to:
(1) select suitable accounting policies and apply them consistently; (2) observe the methods and principles in the Charities SORP; (3) make judgements and estimates that are reasonable and prudent;
(4) state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
(5) prepare the accounts on a going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (Charities SORP (FRS102)), and in accordance with the special provisions of the Companies Act 2006 relating to small companies.
Approved by the board of trustees on 20/08/2026
Mohammed Khalil Alam (Trustee)
The Lion Strength and Fitness Academy
Independent examiner's report to the trustees of The Lion Strength and Fitness Academy
I report to the charity trustees on my examination of the accounts of the charitable company for the year ended 28 February 2026, attached herewith.
Responsibilities and basis of report
As the charity's trustees of the charitable company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the charitable company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
(1) accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or
(2) the accounts do not accord with those records; or
(3) the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination; or
(4) the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Bilal Khan IFA
20/08/2026
AK Acocuntants
562 - 564 Manchester Road, Bradford BD5 7LR
The Lion Strength and Fitness Academy
Statement of Financial Activities
(including summary income and expenditure account) for the year ended 28 February 2026
| Notes Income from: Grant & Donation (2) Gym income Other income Total income Expenditure on: Rent Freelance workers Advertising Licences and insurance Materials and resources Membership fees Rates Office and admin Accountancy & Other Professional Fees Training Bank charges Telephone and internet Repairs and maintenance Depreciation Travel Events Other Expenses Trustee Expenses Total expenditure Net income / (expenditure) Fund balances brought forward Fund balances carried forward (3) |
2026 Unrestricted funds £ 2,500 23,044 5360 30,904 11,400 3,971 274 3158 5,146 1,544 799 1262 1165 863 94 588 536 290 2,185 2,700 - - 35,975 (5,071) 73,788 68,717 |
2026 Restricted funds £ - - - - - - - - - - - - - - - - - - - - - - - - - - |
2026 Total funds £ 2,500 23,044 5360 30,904 11,400 3,971 274 3,158 5,146 1,544 799 1,262 1,165 863 94 588 536 290 2,185 2,700 - - 35,975 (5,071) 73,788 68,717 |
2025 Total funds £ 3,000 33,910 - 36,910 11,400 6,678 2174 598 5,115 361 247 437 485 - 1065 652 599 435 694 5,673 2,675 9,087 48,375 (11,465) 85,253 73,788 |
|---|---|---|---|---|
All incoming resources and resources expended derive from continuing activities.
The Lion Strength and Fitness Academy
Balance sheet
| as at 28 February 2026 2026 Unrestricted £ Fixed assets Tangible assets (4) 580 Total fixed assets 580 Current assets Cash at bank and in hand (5) 68,737 Total current assets 68,737 Current liabilities: amounts falling due within one year Creditors and accruals (6) 600 Total current liabilities 600 Net current assets / (liabilities) 68,137 Net assets 68,717 Funds Unrestricted funds 68,717 Restricted funds - Total funds 68,717 |
2026 Restricted £ - - - - - - - - - - - |
2026 Total £ 580 580 68,737 68,737 600 600 68,137 68,717 68,717 - 68,717 |
2025 Total £ 870 870 73,888 73,888 970 970 72,918 73,788 73,788 - 73,788 |
|---|---|---|---|
For the year ending 28 February 2026 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the charitable company to obtain an audit of its accounts for the year in question in accordance with section 476. The trustees (who are also the directors for the purposes of company law) acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime and with FRS 102 (effective January 2019).
The financial statements were approved by the board of trustees on 20/08/2026
Mohammed Khalil Alam (Trustee)
The Lion Strength and Fitness Academy
Notes to the account
for the year ended 28 February 2026
1 Accounting policies
Basis of accounting
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) and with the Charities Act 2011.
-
The charity constitutes a public benefit entity as defined by FRS 102.
-
There has been no change to the accounting policies since last year.
-
No changes have been made to the accounts for previous years.
Going concern
The trustees are satisfied that there are no material uncertainties about the charity's ability to continue.
Incoming resources
All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity becomes entitled to the resources, if it is more likely than not that the trustees will receive the resources and the monetary value can be measured with sufficient reliability.
Grants and donations
Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources. Where grants are related to performance and specific deliverables, they are accounted for as the charity earns the right to consideration by its performance.
Expenditure and liabilities
Expenditure is recognised on an accrual basis as a liability when incurred. Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out the resources and the amount of the obligation can be measured with reasonable certainty.
Taxation
As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.
Tangible fixed assets
Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost on a straight line basis over their expected useful economic lives as follows: Equipment: over 4 years Fixtures and Fittings: over 4 years
Pensions
The charity operates a defined contribution scheme for the benefit of its employees. The costs of contributions are recognised in the year they are payable.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal. Further explanation of the nature and purpose of each fund is included in the notes to the accounts.
Leases
Rents under operating leases are charged on a straight line basis over the lease term or to an earlier date if the lease can be determined without financial penalty.
Further explanation of the nature and purpose of each fund is included in the notes to the accounts.
----- Start of picture text -----
2026 2026 2026 2025
Unrestricted Restricted Total Total
funds funds funds funds
£ £ £ £
2 Grants and donations
Bradford Children and Families Trust - - - 2,000
England Boxing - - - -
Other donations - - - 1,000
- - - 3,000
Fixture and
Equipment Total
3 Tangible Assets Cost fittings
£ £
£
At 1 March 2025 13,794 4,480 18,274.00
Additions - - -
At 28 February 2026 13,794 4,480 18,274
Depreciation
At 1 March 2025 12,924 4,480 17,404
Charge for year 290 - 290
At 28 February 2026 13,214 4,480 17,694
Net book value
At 28 February 2026 580 - 580
At 28 February 2025 870 - 870
2026 2025
4 Cash at bank and in hand
£ £
Cash at bank 67,104 73,755
Cash in hand 1633 133
68,737 73,888
2026 2025
5 Creditors and Accruals
£ £
Accruals 600 970
600 970
----- End of picture text -----
6 Related party transactions
Trustee expenses
No trustee received any expenses during this year.
Trustee remuneration and benefits
No trustee received any remuneration or benefit during this or the previous year.
Statement of Financial Activities including comparatives for all fund (including summary income and expenditure account)
for the year ended 29 February 2026
| 2026 Unrestricted funds £ Income Grant and Donation 2,500 Gym income 23,044 Other income 5360 Total income 30,904 Expenditure Rent 11,400 Freelance workers 3,971 Advertising 274 Licences and insurance 3,158 Materials and resources 5,146 Membership fees 1,544 Rates 799 Office and admin 1,262 Accountancy & Other Professional Fees 1,165 Training 863 Bank charges 94 Telephone and internet 588 Repairs and maintenance 536 Depreciation 290 Travel 2,185 Events 2,700 Other Expenses - Trustee Expenses - Total expenditure 35,975 Net income / (expenditure) (5,071) Fund balances brought forward 73,788 Fund balances carried forward 68,717 |
2025 Unrestricted funds £ 3,000 33,910 - 36,910 11,400 6,678 2174 598 5,115 361 247 437 485 - 1065 652 599 435 694 5,673 2,675 9,087 48,375 (11,465) 85,253 73,788 |
2026 Restricted funds £ - - - - - - - - - - - - - - - - - - - - - - - - - - |
2025 Restricted funds £ - - - - - - - - - - - - - - - - - - - - - - - - - - |
2026 Total funds £ 2,500 23,044 5360 30,904 11,400 3,971 274 3,158 5,146 1,544 799 1,262 1,165 863 94 588 536 290 2,185 2,700 - - 35,975 (5,071) 73,788 (68,717) |
2025 Total funds £ 3,000 33,910 - 36,910 11,400 6,678 2,174 598 5,115 361 247 437 485 - 1,065 652 599 435 694 5,673 2,675 9,087 48,375 (11,465) 85,253 (73,788) |
|---|---|---|---|---|---|