Trustees’ Annual Report for the period
From 1[st] Apr 2020 Period start date To 31[st] Mar 2021 Period end date
Charity name: Supreme Boxing Club
Charity registration number: 1177481
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The promotion of community participation in healthy recreation in particular by the provision of facilities for boxing |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
Full contact sports, classes available from 3 upwards. Boxing, Kickboxing, Brazillian Ju jitsu, Wrestling MMA, Self defence, Socialising Memberships, stock/fightwear, overheads, grants for sustainability of the club during lockdown. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | Enabling members to keep training in a safe environment during COVID restrictions, and seek further funding, ie. Grants to keep the club from closing due to the COVID pandemic. |
Additional information (optional) You may choose to include further statements where relevant about:
| SORP reference | ||
|---|---|---|
| Policy on grant making | Para 1.38 | |
| Policy on social investment including program related investment |
Para 1.38 | |
| Contribution made by volunteers |
Para 1.38 | |
| Other |
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | Working on and encourage good relations, between local fitness centres and police, to promote an environment and sense of community that’s safe and cohesive. Teaches effective confidence, control and discipline, in adverse situations people encounter throughout life. Also, encouraging women to partake, in a male dominated sport, providing ladies only classes, and a sense of community in the adult classes via, friendly and safe progression at your own pace. The grants throughout the financial year have enabled the club to teach in the safe environment required, during the Covid pandemic and continue running after. |
Additional information (optional) You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | |
| Performance of fundraising activities against objectives set |
Para 1.41 | |
| Investment performance against objectives |
Para 1.41 | |
| Other |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | Surplus of £17.3k at the end of the financial year. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | Reserves within the accounts are for the use of the club only. Consists of the assets and net profit. |
| Amount of reserves held | Para 1.22 | £3.4k |
| Reasons for holding zero reserves |
Para 1.22 | N/A |
| Details of fund materially in deficit |
Para 1.24 | Loans £21k. £6k, gradual payment to reduce, and £15k, bounce back loan, to be paid back under agreed terms, to start year from initiation. |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | On approval no uncertainties at the time. |
Additional information (optional)
You may choose to include further statements where relevant about:
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | |
|---|---|---|
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
| A description of the principal risks facing the charity |
Para 1.46 | |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Articles of Association |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | CIC- Community Interest Company Limited |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Officers will be elected annually at the Annual General Meeting. All officers will retire each year but will be eligible for re-appointment. The club will be managed through the Management Committee consisting of: CHAIR AND TRUSTEES. Only these posts will have the right to vote at meetings of the Management Committee |
Additional information (optional) You may choose to include further statements where relevant about:
| Policies and procedures adopted for the induction and training of trustees |
Para 1.51 | |
|---|---|---|
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | |
| Relationship with any related parties |
Para 1.51 | |
| Other |
Reference and Administrative details
| Charity name | Supreme Boxing Club |
|---|---|
| Other name the charity uses | |
| Registered charitynumber | 1177481 |
| Charity’s principal address | Unit 8, Leaside Industrial Estate Stockingswater Lane Enfield EN3 7RL |
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole **year ** |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Fash Ostowar | N/A | N/A | N/A | |
– Corporate trustees names of the directors at the date the report was approved
Director name Fash Ostowar
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets N/A held in this capacity Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
| Type of | Name | Address |
|---|---|---|
| adviser |
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
| Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date |
||
|---|---|---|
| Fash Ostowar | ||
Club Chair |
||
| 15/10/2022 | ||
| 15/10/2022 |