## 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)**|
|---|---|---|---|---|---|