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← The Ring Amateur Boxing Club Ltd

2025-04-01-accounts

The Ring Amateur Boxing Club

Annual Report & Financial Statement Year ending 01 April 2025

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 2025. The accounts have been prepared on a receipts and payments basis.

Registered office

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

Boxing competitions:-

Sponsors & Donations

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 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 2025 and signed on its behalf by Mrs Jane Corriette - Trustee

Financial Overview

Cash in bank at April 2025 was £9,118.46 in unrestricted funds.

Our main source of funds were member session fees.

The Ring ABC makes no profit whatsoever and as set out in the Articles of Association does not ever intend to.

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

Financial Breakdown

Receipts & Payments accounts
2025 2024
Unrestricted
Funds
Unrestricted
Funds
Receipts £ £
Income from Club Activities 37290.75
34850.44
Income from Local Authority grants 0
0
Income from Local Authorityrates relief 0
0
Donations 2538
21
Fund RaisingActivities 0
0
Merchandise 382.97
477.42
Miscellaneous 40
27
Total receipts 40,251.72 35,375.86
Payments
Payments relatingto Club Activities 14998.36
11326.58
Payments to BFC - rent insurance 21385.22
Equipment 670.47
457.5
Materials 1914.18
336.26
Kit 0
0
Gym Management 0
141.99
Marketing 64.81
151.88
Sundries 2312.97
552.95
Fees 2767
526
Total Payments 44,113.01 34,436.27
Net receipts(payments foryear -3,861.29
939.59
Surplus/(defict)b/fwd 12979.75
12040.16
Surplus/(defict) c/fwd 9,118.46 12,979.75
2025 2024

Approved by the board of trustees on 31 March 2025 and signed on its behalf by Mrs Jane Corriette - Trustee

The Ring Amateur Boxing Club

Annual Report & Financial Statement Year ending 01 April 2025

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 2025. The accounts have been prepared on a receipts and payments basis.

Registered office

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

Boxing competitions:-

Sponsors & Donations

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 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 2025 and signed on its behalf by Mrs Jane Corriette - Trustee

Financial Overview

Cash in bank at April 2025 was £9,118.46 in unrestricted funds.

Our main source of funds were member session fees.

The Ring ABC makes no profit whatsoever and as set out in the Articles of Association does not ever intend to.

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

Financial Breakdown

Receipts & Payments accounts
2025 2024
Unrestricted
Funds
Unrestricted
Funds
Receipts £ £
Income from Club Activities 37290.75
34850.44
Income from Local Authority grants 0
0
Income from Local Authorityrates relief 0
0
Donations 2538
21
Fund RaisingActivities 0
0
Merchandise 382.97
477.42
Miscellaneous 40
27
Total receipts 40,251.72 35,375.86
Payments
Payments relatingto Club Activities 14998.36
11326.58
Payments to BFC - rent insurance 21385.22
Equipment 670.47
457.5
Materials 1914.18
336.26
Kit 0
0
Gym Management 0
141.99
Marketing 64.81
151.88
Sundries 2312.97
552.95
Fees 2767
526
Total Payments 44,113.01 34,436.27
Net receipts(payments foryear -3,861.29
939.59
Surplus/(defict)b/fwd 12979.75
12040.16
Surplus/(defict) c/fwd 9,118.46 12,979.75
2025 2024

Approved by the board of trustees on 31 March 2025 and signed on its behalf by Mrs Jane Corriette - Trustee

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Sectlon A Independent Examlner's R8POrt Report to the trusteesl members of The Rlng Amateur Boxlng Club On accounts for the year ended 0110412025 Charlty no (If any) 1174640 Set out on pagès I report to the trustees on my examination of the accounts of the above charity {'the Trusf) for the year ended 0110412025 Responsibilities and As the charity trustees of the Trust, you are responsible for the preparalion basis of report of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act.). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and In carrying out my examination, I have followed the applicable Dlrections given by the Charity Commission under sectlon 145(5)(b) of the Act. I have completed my examlnation. I confirm that no materlal matters have come to my attention (other than that dlsclosed below ') In connection with the examlnatlon whlch gives m6 cause to believe that In, any matarial respect.. accountlng records were not kept In accordance wlth sectlon 130 of the Act or the accounts do not accord wlth the accounting records Independent examlnerfs statement I hav8 no concems and have come across no other matters In connection wlth the examination to which attention should be drawn In order to enable a proper understanding of the accounts to be reached. ' Please delete the words in th8 b ckets if they do not apply. Slgned: Date: 3113125 Name: David Lind4 Relevant professlonal quallflcatlon(s) or body (If any): Address: LIts)&W c￿lYPErf Po￿5T tsAD, Ldk(hJG-flA s, tsoo5SA IER October 2018

Sectlon 8 Dlsc103ure Only complele If the examiner needs lo highlight mallers of concern {see CC32, Independent examlnation of charity accounts.. directions and guidance lor examlners). Glve here brlef detalls of any Items that the examlner wlshes to dls¢lose. J&ffl". IER October 2018