## The Ring Amateur Boxing Club Annual Report & Financial Statement Year ending 01 April 2022 

Charity Number 1174640 Company Number 10870651 

## **Trustee Report** 



The trustees of The Ring Amateur Boxing Club, registered as a charity on 14 September 2017, present their annual report and accounting statement for the period ending 1 April 2022. The accounts have been prepared on a receipts and payments basis. 

## **ce Registered of** 

75 Jubilee Court Hazel Hill Bracknell Berkshire RG12 9QR 

## **Our Purpose** 

The Ring Amateur Boxing Club (ABC), based in Bracknell, Berkshire aims to serve the local community by helping people from all walks of life, age and ability to reap benefits of physical and mental wellbeing through the provision of facilities and training for boxing. 

Established in 2013 by ex-amateur boxer, Darren Taylor, the boxing club remains the only club of its type in Bracknell, and is affiliated with England Boxing. 

Boxing builds confidence and enhances social skills with the camaraderie that comes from team work, making new friends with likeminded people who love the sport, and learning new skills. We see self-discipline grow as members learn & adhere to club rules, boxing technique and etiquette - all underpinned by building a community spirit, keeping the kids off the streets and providing a safe environment for everyone who wants to learn to box. Everyone is welcome. 



## **Our objective** 

Under 18s boxing training and competitive boxing will always be at the heart of the club and our objective is to continue to build on our community of 600+ registered members, and offer a safe and controlled environment to learn/grow in the healthy recreation and advancement of the amateur sport of boxing in Bracknell and the surrounding areas, with a team of experienced coaches and volunteers who mentor and train those who attend. 

The benefits of boxing have long been advocated and The Ring ABC offers a safe environment to learn & train. 

All club activities are run by volunteers. 

## **Year Review** 

The gym reopened in April 2021 after a year of lockdowns which had given the volunteering team time to refurbish the gym. 

- Junior and Senior sessions restarted on Tuesday & Thursday evenings 

- Ladies Night was re-established on Wednesday evenings 

- Daytime sessions were introduced with a new coach on hand to advise and offer 1:1 padwork 

- Sunday morning open gym sessions were re-established 

- Morning classes were trialled 

- Inter-club sparring was re-established and notably women’s’ sparring 



- Coaches & aspiring women boxers attended England Boxing’s Women’s Aspire programme in December 2021 

- 1[st] Home show in December 2021 with a combination of bouts and skills 

## _**Boxing competitions:-**_ 

- Produced England Boxing’s National Schoolboy champion in Sept 2021 

- Produced England Boxing National Junior ABAs winner in his weight category 

- Lonsdale MTK Box Cup – took 13 boxers – gained 9 finalists with 5 golds and 4 silver winners 

## **Sponsors & Donations** 

A defibrillator was donated by Maverick Stars Trust 22/3/2022 to ensure we are compliant with England Boxing’s policy that every club has access to and know how to use a lifesaving defibrillator by 1st June 2022. Coaches attended an appropriate training course. 

The club continues to look for funding opportunities and sponsors to bring income into the club. 

## **Reserves Policy** 

The club does not operate a reserves policy. Any reserves are for the enhancement of the club facilities and equipment as and when required and as agreed by the trustees. 



## **Trustees** 

## **Name** 

**Appointed** 

## **Resigned** 

Glenn Grundy 18-July-2017 Beverley Grundy 18 July-2017 Sian Lindsey 17-Aug-2017 11-Oct-2021 Darren Taylor 17-Feb-2018 George Jones 19-Oct-2018 Jane Corriette 11-Oct-2021 

Trustees are responsible for the safe management of the club finances, member’s welfare and raising funds via fundraising activities and grant applications. 

## **Independent Examiner** 

David Lindsey 

Lindsey Cottage, Forest Road, Wokingham RG40 5SA 

## **Bank** 

Barclays Bank 1 High Street Bracknell, Berkshire 

RG12 1DR 



Approved by the board of trustees on 31 March 2023 and signed on its behalf by Mrs jane Corriette - Trustee 

## **Financial Overview** 

Cash in bank at April 2022 was £12,959 in unrestricted funds. 

Our main source of funds were member session fees, with rate and rent rebates from the local authority and small donations from local charities. 

Our nominal session fees were increased by £1 in February 2022 to continue to cover costs which are predominantly used to cover rent and utilities. The Ring ABC makes no profit whatsoever and as set out in the Articles of Association does not ever intend to. 

The team continue to look for funding opportunities and sponsors to bring income into the club. 



## **Financial Breakdown** 

## **Receipts & Payments accounts** 

|||**2022**|**2021**<br>**Unrestricted**<br>**Funds**<br>1184.25<br>25000<br>15157<br>12116.61<br>**53457.86**<br>10991.25<br>8425.8<br>6655.71<br>311.32<br>**26384.08**<br>27073.78<br>622.82<br>**27696.6**|
|---|---|---|---|
|||**Unrestrict**<br>**ed Funds**||
||**Receipts**|**£**||
||Income from Club Activities|13309.56||
||Income from Local Authority grants|12000||
||Income from Local Authority rates<br>relief|4516.77||
||Donations|295||
||Fund Raising Activities|-||
||Merchandise|186.45||
|||||
||**Total receipts**|**30307.78**||
||**Payments**|||
||Payments relating to Club Activities|8439.54||
||Payments to BFC - rent | insurance|24829.09||
||Equipment|2095.63||
||Materials|2950.5||
||Cleaning|194||
||Gym Management|4052.43||
||Marketing|1727.17||
||Sundries|756.51||
||**Total Payments**|**45044.87**||
||Net receipts (payments for year|-14737.09||
||Surplus/(defct) b/fwd|27696.62||
||**Surplus/(defct) c/fwd**|**12959.53**||





## **Statement of assets & liabilities** 

||**as at 1**<br>**April**<br>**2022**|**as at 1**<br>**April**<br>**2021**|
|---|---|---|
||**£**|**£**|
|**Cash funds**|||
|Cash at bank|12959.5<br>3|27696.6<br>2|
|Petty cash|-|-|
||12959.5<br>3|27696.6<br>2|
|**Other monetary**<br>**assets**|-|-|
||-|-|
|**Assets**|||
|Equipment|5000|10000|
|Computers & other<br>equipment|300|500|
||5300|10500|
|**Liabilities**|-|-|
||-|-|



Approved by the board of trustees on 31 March 2023 and signed on its behalf by Mrs Jane Corriette - Trustee 




## The Ring Amateur Boxing Club Annual Report & Financial Statement Year ending 01 April 2022 

Charity Number 1174640 Company Number 10870651 

## **Trustee Report** 



The trustees of The Ring Amateur Boxing Club, registered as a charity on 14 September 2017, present their annual report and accounting statement for the period ending 1 April 2022. The accounts have been prepared on a receipts and payments basis. 

## **ce Registered of** 

75 Jubilee Court Hazel Hill Bracknell Berkshire RG12 9QR 

## **Our Purpose** 

The Ring Amateur Boxing Club (ABC), based in Bracknell, Berkshire aims to serve the local community by helping people from all walks of life, age and ability to reap benefits of physical and mental wellbeing through the provision of facilities and training for boxing. 

Established in 2013 by ex-amateur boxer, Darren Taylor, the boxing club remains the only club of its type in Bracknell, and is affiliated with England Boxing. 

Boxing builds confidence and enhances social skills with the camaraderie that comes from team work, making new friends with likeminded people who love the sport, and learning new skills. We see self-discipline grow as members learn & adhere to club rules, boxing technique and etiquette - all underpinned by building a community spirit, keeping the kids off the streets and providing a safe environment for everyone who wants to learn to box. Everyone is welcome. 



## **Our objective** 

Under 18s boxing training and competitive boxing will always be at the heart of the club and our objective is to continue to build on our community of 600+ registered members, and offer a safe and controlled environment to learn/grow in the healthy recreation and advancement of the amateur sport of boxing in Bracknell and the surrounding areas, with a team of experienced coaches and volunteers who mentor and train those who attend. 

The benefits of boxing have long been advocated and The Ring ABC offers a safe environment to learn & train. 

All club activities are run by volunteers. 

## **Year Review** 

The gym reopened in April 2021 after a year of lockdowns which had given the volunteering team time to refurbish the gym. 

- Junior and Senior sessions restarted on Tuesday & Thursday evenings 

- Ladies Night was re-established on Wednesday evenings 

- Daytime sessions were introduced with a new coach on hand to advise and offer 1:1 padwork 

- Sunday morning open gym sessions were re-established 

- Morning classes were trialled 

- Inter-club sparring was re-established and notably women’s’ sparring 



- Coaches & aspiring women boxers attended England Boxing’s Women’s Aspire programme in December 2021 

- 1[st] Home show in December 2021 with a combination of bouts and skills 

## _**Boxing competitions:-**_ 

- Produced England Boxing’s National Schoolboy champion in Sept 2021 

- Produced England Boxing National Junior ABAs winner in his weight category 

- Lonsdale MTK Box Cup – took 13 boxers – gained 9 finalists with 5 golds and 4 silver winners 

## **Sponsors & Donations** 

A defibrillator was donated by Maverick Stars Trust 22/3/2022 to ensure we are compliant with England Boxing’s policy that every club has access to and know how to use a lifesaving defibrillator by 1st June 2022. Coaches attended an appropriate training course. 

The club continues to look for funding opportunities and sponsors to bring income into the club. 

## **Reserves Policy** 

The club does not operate a reserves policy. Any reserves are for the enhancement of the club facilities and equipment as and when required and as agreed by the trustees. 



## **Trustees** 

## **Name** 

**Appointed** 

## **Resigned** 

Glenn Grundy 18-July-2017 Beverley Grundy 18 July-2017 Sian Lindsey 17-Aug-2017 11-Oct-2021 Darren Taylor 17-Feb-2018 George Jones 19-Oct-2018 Jane Corriette 11-Oct-2021 

Trustees are responsible for the safe management of the club finances, member’s welfare and raising funds via fundraising activities and grant applications. 

## **Independent Examiner** 

David Lindsey 

Lindsey Cottage, Forest Road, Wokingham RG40 5SA 

## **Bank** 

Barclays Bank 1 High Street Bracknell, Berkshire 

RG12 1DR 



Approved by the board of trustees on 31 March 2023 and signed on its behalf by Mrs jane Corriette - Trustee 

## **Financial Overview** 

Cash in bank at April 2022 was £12,959 in unrestricted funds. 

Our main source of funds were member session fees, with rate and rent rebates from the local authority and small donations from local charities. 

Our nominal session fees were increased by £1 in February 2022 to continue to cover costs which are predominantly used to cover rent and utilities. The Ring ABC makes no profit whatsoever and as set out in the Articles of Association does not ever intend to. 

The team continue to look for funding opportunities and sponsors to bring income into the club. 



## **Financial Breakdown** 

## **Receipts & Payments accounts** 

|||**2022**|**2021**<br>**Unrestricted**<br>**Funds**<br>1184.25<br>25000<br>15157<br>12116.61<br>**53457.86**<br>10991.25<br>8425.8<br>6655.71<br>311.32<br>**26384.08**<br>27073.78<br>622.82<br>**27696.6**|
|---|---|---|---|
|||**Unrestrict**<br>**ed Funds**||
||**Receipts**|**£**||
||Income from Club Activities|13309.56||
||Income from Local Authority grants|12000||
||Income from Local Authority rates<br>relief|4516.77||
||Donations|295||
||Fund Raising Activities|-||
||Merchandise|186.45||
|||||
||**Total receipts**|**30307.78**||
||**Payments**|||
||Payments relating to Club Activities|8439.54||
||Payments to BFC - rent | insurance|24829.09||
||Equipment|2095.63||
||Materials|2950.5||
||Cleaning|194||
||Gym Management|4052.43||
||Marketing|1727.17||
||Sundries|756.51||
||**Total Payments**|**45044.87**||
||Net receipts (payments for year|-14737.09||
||Surplus/(defct) b/fwd|27696.62||
||**Surplus/(defct) c/fwd**|**12959.53**||





## **Statement of assets & liabilities** 

||**as at 1**<br>**April**<br>**2022**|**as at 1**<br>**April**<br>**2021**|
|---|---|---|
||**£**|**£**|
|**Cash funds**|||
|Cash at bank|12959.5<br>3|27696.6<br>2|
|Petty cash|-|-|
||12959.5<br>3|27696.6<br>2|
|**Other monetary**<br>**assets**|-|-|
||-|-|
|**Assets**|||
|Equipment|5000|10000|
|Computers & other<br>equipment|300|500|
||5300|10500|
|**Liabilities**|-|-|
||-|-|



Approved by the board of trustees on 31 March 2023 and signed on its behalf by Mrs Jane Corriette - Trustee 



CHARITY COMMISSION
FOR ENGLAND AND WALES
Independent examinerfs report
on the accounts
Section A
Independent Examiner's Report
Raport to the trusteesl
members of
The Ring ABC
On accounts for the year
ended
110412022
Char
no 1174640
Set out on pages
I report to the trustees on my examination of the accounts of the above
charity (Xh8 Trusf) for the year ended 0110412022
Responslbllltle8 and AS the tharity tru8tees, you a￿ responsible for the pr8P8ratlon of the
basls of report accounts in accordan￿ with the Charities Act 2011 ￿h8 Acr).
I report in respect of my examinatkin of the Trust's accounts carried out
under section 145 of the 2011 Act and in carrying oul my examination, I
have followed all the applicable Dir8Ctions glven by the Charlty Commission
under section 145(5)(b) of th8 ACL
Independent
oxamlnefs stat6ment
I have completed my examination. I confinn that no material matters have
corne to my attention in connection with the 8xaminatlon which gives me
cause to believe that in, any material re8￿t,.
the accounting records were not kept In accordano with section 130
of the Act. or
the accounts did not accord with the accounting records: or
the accounts did not comply with the applicable requirements
concerning the form and content of accounts set out in the Charitles
(Accounts and Reports) Regulations 2008 other than any requirement
that the accounts give a Ywe and fair, view which ss not a matter
Considered as part of an independent examination.
I have no con￿M6 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 acwunts to be reached
Signed:
31&4 /?oz3
Name:
Relevant profvsslonal
quallfication(s) or body
(If any):
IER
October 2018

Address:
, ft>ffAt Qxja ,
rtL4 , Rcj L(0
Section B
Disclosure
Only complete if the examiner needs to highlight matters of con¢em {see CC32,
Independent examination of charity accounts: directions and guidance for
ex8miners).
Glve here detalls of any
Items that the 8xaminer
wishes to disclose.
IER
October 2018