CHARITY COMMISSION
FOR ENGIANO AND WALES
Trustees, Annual Report for the perlod
From 11tAprll 2023
31rt March 2024
Perlod Start date
Perlod end dat•
Charfty nam•: Suprem• Boxlng club
Charfty reglstratlon number. 1177481
Objectlves and Actlvltles
Summary of the purposes of
the tharity as set out in its
ovemin
d¢X￿ment
Summary of the main
activities in relation to those
purposes for the public
benefit. in particular. the
aGtivities. projects or serVi￿S
identified in the accounts.
P* 1.17
The promotion of community partTrcipation in
heallhy recreation in particular by. the
mwsion of faalities for boxi
Full contsct sports. dasses available from 3
upwards. Boxing. lfjckboxing. Brazilian. Ju
jitsu. Wrestling MMA, Self41efence.
Sc¢talising Memberships, Stoc￿rIgh￿vear,
overheads. grants for sustsinability of the
dub after kxkdovm. Member visit and
artici
ation lo full exjntact com
ettknons.
Enabling members to keep training in a safe
environment during post COVID, whilst
slowly getting back to and building up the
Pre￿VID customer base. and dub routine.
P• 1.17
1.19
Statement Confi￿1ng
whether the trustees haNB
had regard to the guidance
issued by the Charity
Commission on public
benefit
P¥a 1.18
Additlonal infomiation (optional)
You ma choose to include further statements where relevant a￿ut
Pa3 1.38
Policy on grant making
P•a 1J8
Policy on social investment
induding program related
investrnent
P¥a 1JB
Contribution made by
volunteers
Other
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Achlevements and Perfomiance
Wor￿ry on ar#J erKfwf48 relal•xB,
behyeèn kxal ftross ￿treS aThJ Foke. to
t8 an ethi[￿ arvj SO￿ ol
crynmurity thafs sale aTrJ c4J￿*.
Teach8s effecti￿ c¢rfthrte. C￿1. 8Th1
Summary of the main
achlevements olthe tharity,
hjentitsng ￿ drfererKe thè
tharity's has made to
the (￿r￿ms￿nceS of its
beneficiaiies arKI any wijer
e￿fitS to SO¢i8ty as a
ix
enC￿nter ttrwPwxrt life. A40.
men to partake. in a makn Ikxnrtaled
sport wolv￿1r￿j Lld￿ thy classes. aTrl a
sense of tt¥nmunity in Its adult dasses ￿.
friÈThlty and safe prog￿S$￿￿ al
Additional inf0m￿tIon {optlonall
You ma
ChL￿e lo Ind￿le fwther statements vh*ft ￿le￿an1 about
Achievements 8gartsl
objectives set
Px4 1A1
perf0m￿nce offundraising
aCti￿ties against obiedives
IAI
Investment p*rfomia￿e
againsl ol'edives
P•a 1.41
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Flnanclal Revlew
of ihe ch8rlty'8
fin8TrxI at the end
oftr
Slalement explainlro
icy for holding r8serves
stali
8re held
hJnount of re$ep￿S heh
Rea%)ns fcr hoklirKJ zero
reserves
Details of fund materially In
defiot
Ewanalion of any
uncertainties a￿ut the
Charity continulng as a goi
Jncem
P••121
su￿ul £28.3k al end of ts finandal
Pn 1.72
R8$erves willmn the a¢¢wnts we for ￿ Lne
of Ihe dub Cthslst8 ol the 8$88ts and
Pw¥ 122
P•*1
Lo8rrs £8,5(Ml. Repaylr￿ as auYe8d lemi$
P¥• 124
p￿ 1.23
No uncertainties at the tsn)8
Additional inforniatlon loptlonal)
YoLt ma choose to indude further statements where rel&vdnt about
The charitys prrncipal
sources of funds linduding
any fvndraising)
Para 1.47
Inveslment policy and
objectives induding any
social investment policy
adopted
Para 1A6
A description of the principal
risks facing the charity
P•a 1.46
Other
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Structur•, G0￿Man¢• and Manag•m•nt
oi th•rlty'¥
tru518,
P￿128
How15 th•rity
1X￿st￿lUted?
TnMI
Tnjslee select￿n melPK)ds
induding details of any
(x)nstilulional FKOVi5ions e.g.
eleclion to posl or name of
any person or t￿Y enti
to appoint i)ne or m
P•• 12S
oiricer5 wll be elecled 8nnually al the
Annual General Meeting. All oific8r$ ￿11
retire each year bul wll be eligibb for f8-
appolnlmenl. The dub w51 be manag8d
Ihrough Ihg Management Committee
C4)nslsting of: CHAIR AND TRUSTEES. Ckn
these posts will have Ihe right lo vole al
meetin
s of the Mana
ement Commtttee
Additional infonnation (optlonall
You ma
Ch¢X￿6 to include further slalements wh8re relevant about
Policies and procedurés
adopted for the induction aThJ
training of truslees
P*a 151
The Chari￿$ organisational
structure and any wider
nefvnrk with which the
charity works
Relationship with any related
parttes
P¥a 1.$1
Other
Reference and Administrative details
Charit
name
other name the chari
uses
Re
islered chari
number
Charitls principal address
Su
reme Boxin
Club
1177481
Unil 8, Leaside industrial Esta18 Slockingswaler Lane Enfield
EN3 7RL
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hddrvi% Lkn• 2
UnR ￿ Le15th h*tJtrWEsl•l•
n sicdtrw4lwL
ENHEiD
ENJ 7RL
Propety
Ww• •ny •1 yow ¢lwlrfs pfop•rths h•td hy holdlnw or Iruit••• OTh b•hall ol y•w
th• oincl•l ¢u¥t•dl*
l•r r•tsrn?
Membership type
ot a wlder
Employment contract types
le wern
rman•nt
em
our cha
w•ff• on fixed4•rnis ¢ontracts with
Self4
le w•r• workl f
urcha
Governan¢¢ poli¢les
Wnts
and
dw
Sèrlous Incld•nt r•
Y•$
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•rKI
No
Truit•• ¢onfN¢t• ol Int•r•il oll
Yoj
Y•stln
¢ha
fvnd•
Ind r¢¢•dur••
¢•nwlgn• •nd polltlc•l •eil¥lty poll¢y and wo¢•duv••
Bul
Yè5
and harnism•nt 11
and
T￿Id￿r•S
So¢l•lrn•dh 11 Ind roc•dur•s
Engagln
•xt•rn*l •
k•rn ateh•rfty •v•nt• pol
Safeguarding
Has your ch*rlty provlded Jer¥lc•¥ to chllthen andlor adults *1 tl¥k In th• IIMncl•l pÈrfad ol th•
r•turn?
Ye$
i. All requlred StsnilaTd D8S checks have bteth oblak*d
b.￿l￿e
Ye5
ulr8d etthan￿d DBS checks hayv been oblaln8d
All re
ulred erthanGtd Barr¢d Ll
D8S checks ha¥9 bttn otlalr*d
d. DBS checks afy not t•qulr¢d otherthan Baslc DBS thecks
No
Serious lrt¢ident5
Has your chatlty r¢ported all Serfous In¢lrtonts Ilncludlng hlsl•rfeal Incld•nts) that th• charlty
becarne awar• ot durln
the financlal erlod ol thos retsrn?
There were no incK1ents to report
External risk and impact
ilonatlons
unknoWr￿No charywNOlApp￿Cab[e
Other Incom•- gr•tyts
UnkTh)wnlNo ChaThJelNolAppfj¢at4o
Other Inc¢wn•. coTrtra¢ts
unknO￿N0 ChangelNOlAppL￿tho
Oth•r Income- Inv¢stm•nt
Unkntr*nNo char￿0th$¥I￿ca￿e
Exp•tydlture on charftabh •ctl¥llles
Unkn￿￿11￿0 Chan9elNolAppkabte
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xp•n&Yl¥rn •fv •¥•th•￿1
Po%iih
ChAryyNolAN>hc•tl•
NwMb•t •1 Ir¥•t••A
Unknoytnwo
F￿1￿￿1*
•¢lhltl••
T•l•l ¥•f¥k• d•m•n
Volunteers
tA￿dIng trusl••& pro¥ld• •n ••llm*t• ￿ th• nwmb•r ol vol¥Tht••r• c•nl•d ch•rlt*bl•
Ilvltl•# •n b•h*ll of ywr ch¥rlty In th• VAlt•d Klngdom th• Ilrt*nel*l p•rf¢d d thls
r•turn?
Privacy stalement
Any Inlormatlon you give us Y•lll be held securely and processed only In a¢cordan¢e
with the rule on data protection. Wt will not disclose your personal d¢tsil$ to
anyone un¢onne¢t•d to the Charfty Commisslon ¥hl¢s&'
you have consented to thelr r•lease: •r
we are legally obliyed to dl$close them? or
we regard dlsclosure as either (a) ne¢e$$ary $0 that we Can properly ¢#rry out our
statutory functlons or (b> n•e•ssary In th¢ publlc Int•r¢$L
We may share and disclosè Informatlon aboyt you with Televant publlc authoritie4
regulatory bodie5 and agencles outslde th• Charity Commi551on but onty IP.
we can lawfully do so. and
we de¢ide that di5c105ure is necessary for national security crime detection
prwentlon. and law enforcement. or other Issues In the public interest
Informatlon we collect about you
We wlll use thls InformatIo￿.
To ertable us to urry out our statutory fvn¢tlons and dulles.
Thls wlll Include the lollowlng actlons:
(a) updatQp consolldate. and Improve the accuracy of our records
(b) undertak¢ crlma detectlon and preventlon and law enlor¢•m•nt and asslst tho
thlrd partles $p•¢lflod abov• lo Inv•stl9at• or pr•vent crfm• and carry out law
enforcement.
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(c) dal• an•lysls t•¥llng* r•••archp •tall•tlc•l •nd •utv•y purpo•
Inlorm*tlon w• rrt•lv• from oth•r lou￿•
Inform•llon w• r•c•lTh from oth•r Joure••
W• may combln• Ihl• Inlonnatlon wlth Inlormatlon you glv• to u• And Inf•fm•tlon
w• ¢oll•et about you.
W• MAY IlS• th1* Informallon ènd th• combln•d Inlormatlon lor lh• puipos•• Mt out
•bove Idep•ndlnq on th• type• ol Inlormatlon w• reeelvel.
W• wlll •nsur• th•t any such dlsclosur• and u•• l¥ piopoitlon•le' conJld•rs your
rl9ht to respect for your prlv•te Illek and Is done falrly and lawlully In accordanc•
vAth th• dat• protKtlon prlnclple• of the Data Prot•cllon ACL
. The Data Protectlon Act 1998 regulales th• u•e ol 'personal dots i whlch l•
•ss•ntlally any Informatlofy howev•r $lor•d. aboul Id•ntlflabl• Ilvlng Indlvldual•.
As • 'dat• ¢¢nlroll•e under the Aet, the Charlty Commlsslon mu•t comply wlth It.
Any ¢hanges we may make to our prfvacy slatement In the fulure wlll b• let out In
the replacement verslon of th1$ fonn.
pl￿Se theck back frequently to $99 any updat•s or chang•5 to our prlv¥cy pollcy•
Deelaration
Thls annual return has not b••n submltted and no Declaratton has been made
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rf lh• thlrfty InMt••• who m•ft•g• th• ¢￿Illy
Olftc•111 •ryi
D•tM •¢t•d Ilfiol lor *hol•
NIA
Farnhha OsltrAw
WA
IA
10
11
12
13
14
15
16
17
18
19
20
rdle trustees- names ofthe directh at the date the re
wasa
roved
Dlrectornan¥)
Farsh￿￿ Oslowar
Name oftrustees holding to propety belonging to the charity
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Funds held as ¢u8todlan IN81••1 on b•hall of oth•r8
. ryI￿n oi the ps<els
N•me ctydg d lh•
HIA
stets ére trehj end IP•s
lans *ithln Ihe atslcyjran
dwrny'i rtiects
Oelah ol ky
WA
segregalpjn ol assets
frtyn Ihe chanty's (r•m assets
Addltional Inftymth (optlonal)
Namu and addrHys of advlsers {Optlonal Inf0m￿tIOn)
Typ of Nam•
Address
Narne of chief executive or names of senlor slaff members (Optional Inforn￿tion)
Exemptions from disclosure
Reason noTrdisdosure of ke
rsonnel detali s
Other o
tional information
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Declarations
nwn•(•)
Poslllon (•q S•u•lwy.
Ch*. *)
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Supreme Boxlng Club
Accounts
31 March 2024
Charity No. 1177481
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Supreme Boxlng Club
Accounts- Year End 31 March 2024
11T1481
Contents
Page
Business Infom)ation
Approval Ststement
Income Statemenl
Balance Sheet Comparison
Flnancial ktsvities Cmpari%
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Supreme Boxing Club
A¢counts- Year End 31 March 2024
1177481
Buslness Informatlon
Proprletor
Mr F Ostowar
Bankers
Bardays Bank
1 Churchill Place
London
E14 5HP
Buslness Address
Unit 6-8, Leaside Industrial Estate.
Stockingswaler Lane.
Enfield,
EN3 7RL
Charity No. 1177481
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Supremo Boxlng Club
Ac¢ounts- Year End 31 March 2024
1177481
Approval SLitom•nt
l approve the acC￿nts. wtmch the Balan￿ Slrt Statement of Financial
Actiwties (SOFA). and the Statement of Cash Fhyws. l a￿pt responsibility for tt
accounts, irbclLKling ensuiiThJ the sulta￿lty of the financial rep￿.ng framework
ouuined in 1 and SXOVKlirvJ am r*cessary iTrfrnti￿ and explanations for their
preparation.
F Ostowar
ChainnanlDirectc
2810112025
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Supreme Boxing Club
Accounts- Year End 31 Mar¢h 2024
1177481
Income Statemenl
of 31 March 2024
2024
Revenue
Less: Cost of Goods Sold
134.947.94
3,762.14
Gross Profft
Gross Profit Margln
131,185.80
97.21%
Less: Total Expenditure
102,794.92
Net Profit
Net Proflt Margln
28.390.88
21.04%
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SUPREME BOXING CLUB- 1177481
TOI
16XJJI
118J07
19679
tIYJ47J4
1074S
91.Tr2.71
14.698 38
1771114
t131.1•5th)
7H.•2
TOT
tsIA4•A5
NET trK(AEIEXPENOITIIAE)
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F Oslywar
2PJ01r2025
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SUPREME BOXING CLUB- 1177481
8alarKe Sheet Comparfson
A8 ol Marth 31. 2024
TOTPi
ASOFMAA31,2024
AS OF 91. 2023 IPY
Fu¢d ASMI
Tar¥Ji4• 4ss•ts
Fixtw•s and Cost
1926.32
27.626.0
1.650.6£
0.ot
,65OA
£IWA
C*sh at bank ar#1 kn h¥#1
1.096.09
4.741.74
syèm• ￿xI￿j chjb
T￿lc•￿ hwl
D•t40
16.559.31
559at
.Ot
Cwrth Asso
Stc¢k A55et
9.652.81
9AOO.CQ
£19.15261
9.srMI.
3.8J1.7r
NET CURRENT ASSETS
41
Ti•J• Cr•thtys
Cf8¢ht¢xs
.1I7929
£.1m2•
-1￿79.2%
£-1ma
Cu¢rarn L*ils
Cuff•nt Tax L
VAT Conird
VAT Suspensè
.1.743.17
-12.766.88
£.1441&75
£.17X&04
-2.099.11
-7.061.
£-9.161.
£-11,040XI
1281x1
NET CURRENT ASSETS ILIA8LmESI
TOTAL ASSETS LESS CuRRETr￿ LIABimES
Bank Loan
.33W.53
-31213.81
£41 j13At
r1424&
TofAL NET ASSETS (UABLMESI
0&787A1
25162.06
rdJ1722
6588.13
£10&767Ai
.ni.41
5a313.8',
SlWu￿(O¢rtt).fI
£74245
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(HARITY COMMISSION
FOR WAIE5
Independent examlner's report on the
accounts
Sedlon A
Independent Examlner'g Report
R•wi to th• trust••s
Supreme Boxrrfj Cthjb
On •cthints forlhe year
3111)312024
Charlty no
Ill any)
1177481
Set ryrt on pages
I reFQrt lo the truslees on ffly examinalN ofthe ac)￿nts of the alThe
d￿rity llhe Tntst") lor the year eNJed 31IOY2024.
the charitys tsuslees. you are respor61￿e forthè preparabon of tr*
aco)unts in acomlance with Ihe reqLMr￿ts of the charl￿ Acl ￿11
rthe Act").
I teFQrt in resped ofmy 8xamNHt*Jn of thè Tntsl's accounts caNied
uThJer seclion 145 ofthe 2011 Act aNJ in ca￿y7ng out my examination, I
have followed all the appltcable Direcii)ns gNen by thè Charity c￿m￿s1
under section 14I5Xb) of Ihe ACL
Independent I have o)mpleled my examination. I Confi￿ that material fflatte￿ have
examinerfs statement come to my attention in conneclion the examination (other than Ihat
disdosed bekyw.) wFMch gNes me ¢aw lo believe Ihal in. any maleriai
respecL'
the accounting records ￿￿e not kept in acrgjrdance wilh seclion 130
of the Charitses Act.. or
the accounts did not accord Wilh the accountirvj rn￿rdS; or
the accounts did nol fAmply the applicable requirements
ts)ncemirKJ the fomi and ￿nIent of accoLEnls set out in the Charities
(Accounts and Reports) Regulations 2fyJ8 other Ihan any requirement
that the aco)unts give a llrue and fairf Mew whith is not a matter
consKlered as part of an iThJeFendenl examina11￿.
I have Th) concems and have come auoss no other malters in connection
th the examinati¢)n to which attention shoukl be drawn in this reFQrt in
order to enable a propèr understa￿J1[￿a of the acxounts to bè reached.
' Fyew delete Ihe wwds in the t*ackels rftheydo not 8ppty.
Responsibilities and
basis of report
Signed:
2810112025
Name:
Ashley Osuagw
Relevant professlonal
qualificatlonlsl or body
{If any):
Address:
1# Floor Gibson House. High Road
Tott8nham, LoThYon
N170DH
IER
Oct 2018
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Sectlon B
Disclosure
Only complete if the examiner needs to highlight material mallers of concem
(see CC32. Independent examination of charity accounts: directions and
guidan￿ for examiner5}.
Give here brief details of
any Items that the
examlner wlshes to
dlsclose.
IER
Oct 2018
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