OFF THE . BiiPEE OFF THE ROPES (A Charitsble Incorporated Organisatlon) ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 October 2021 Charhty Number.. I1802￿1 Table of Contents Pa8e Number Legal Objects Strategic Aims Actlvltles and Achlevements in the year Financial review Strurture and Governan¢e Trustees Responslbllltle5 Administrative details Independent Examinerfs Report Receipt and Payment Actlvities Statement of Assets and Liabilities Notes to the Financial Statements OFF THE ROPES IOTRI Annual Report for the Period Ended 31st October 2021 The Trustees present their annual report for the year ended 31 October 2021. Mlssion and aim Off the Ropes is a charfty aimed to improve the physical health and wellbeing of children and adults under mental health services or at risk of being referred to primary or secondary heatth services in the London and Kent areas. Qualified boxing and health professionals engage wfth individua15 and focus on improving and managing participants mental health symptoms using a fully integrated approach which tackles personal and social issues. It operates under charitable purpose 12: 'the relief of those in need. by reason of youth, age, ill-health, dlsability, financial hardship or other disadvantage,. Legal Objects The principal objects of the charity are: The provision of structured. non-contact boxing programmes designed to assist with the development of self-confidence, and independent living skills The Improvement of the health (including mental health) and fftness of participants and encouraglng people to make health life choices To provide participants wlth confidence, identity, purpose and structure The charf(y wa5 established on 12 October 2018. Strategic Alms The charity area is covered by the Oxlea5 NHS Foundatlon Trust which provides a wide range of health and social care services in South East London, specialising in caring for people with mental health problems or learning dlsabilities. It works across Bexley, Bromley and Greenwich and forensic settings across south East London and HMP Belmarsh170 sites). This area has the highest rates of people under 18 with depression and the highest number of people over 65 wfth a number set to grow including the number of carers who state that thls ha5 a negative effert on their mental health. OTR currently deliver5 their boxing inclusion programme to adults under mental health services elther In reach lon premises) or community re-engagement lat Swanley Boxing gym). The progrdmme runs over 8 weeks using the following methodolo8y which is adjusted slightly to suit client groups. ngage- week 1-2: build tnjst through support and give cllents the confidence to take the leap to join in. IYC ha5 access to Swanley Boxing gym and alternatively can be moblle as they have their own kit and can set up easily in m05t rooms with space to move. Each client is assessed 50 that the programme can accommodate their personal level of fitness and p5ychologlcal wellbeing. Individuals have full visibility of the programme, are clear around what they can personally achieve by the end of each session and at the end of the 8 weeks. Inspire- week 34: the foundations of the crdft of boxing are lald. We work from the ground up looking at footwork, movement. boxing stance and then into learning the basic techniques of throwing punches and defending punches. Throughout these sessions and ongoing we start to build cardlovascular and core fitness through circuits and exertises. OFF THE ROPES IOTRI Annual Report for the Period Ended 3tst October 2021 Grow- week 54: continue to build on the boxing training foundations by working more on technlcal aspects of this art. While skills improve, personal fitness levels are pushed, and partner work is introduced to foster an enjoyable team envlronment. Impart- week 74: moving towards the end of the progrdmme clients are measured on psychological changes and frtness changes, these are compared against week one so clients can see their progress. The evidence of progression is important for groups so they can recognise and start to understand the positive effects that boxing can have on their health-for example, weight loss and improved tartllovascular abillty- We currentty run sessions out of Swanley amateur boxing brym or go onsite to clients premise. We also offer extrd currlcvlum activities to help clients with their interpersonal skill and to create friend groups such as; paddle boardin8, runnin8, pottery, gardening and decorating. We also take gn)ups away for short b￿ak5. The mini bus has given LSS a great opportunity to broaden our offer outside the gym. However, we are still very limited with gym access and we are now urgently looking for our own premises. We are working with Bromley Borough Council and Oxleas NHS Trust to help find us a home that we can access every day. This will enable us to extend our offer to more in need. We currently partner wlth NHS, Oxleas Trust and Inmind. plus Mlnd. Actlvltles and Achievements in the ye•r We have welcomed getting out and about post covid and have managed to gear up again qulckly. We have executed the following activities.. Short break to the South Coast Paddle Boarding Potterygroups Cinema and gigs Days out to the coast in the mlnlbu5 We were very forturbate to be the nomlnated charity for the 2021 Media Fight Nght boxing event held on 4 November 2021. We prepared for and attended this event, promoting the cause of the charity. Flnanclal Revrew The total receipts of £86,19112020: £188,248) are all in relatlon to Sponsorship and donations received from the Media Fight Night events held by the Charity patron, John Malonv. £20,351123.6%1 relate to the 2020 Medla Fight Night virtual quiz event. £62,071172%1 are advance sponsorship receipts for the Ilve 2021 Media Fight Night event, held on 4, November 2021,. which on an accruals basis would be accounted for in the financial year 2021-2022. £3.76914.4%1 ar￿ar5 from live 2019 Medla Flght NiBht. Total payments of £26,646 12020: £63,869) cover d1￿ct event costs and supporting costs for the running activf(ies of the charity. Within total payment5 £17,86612020.. £53,371) are dlrert costs paid in relation to the event re￿ipts. The dlrect costs payments equate to 21%12020: 28%) of the media fight night total receipts. During this financial year an asset purchase payment of £21.518 was made for a minibus vehicle. The cash balance blf as at l November 2020 of £135,185, plus net ￿CeIptS surplus of £38,027, result in closing cash balance of £173.212 at the end of the financlal year 31 October 2021. OFF THE ROPES IOTRI Annual Report for the Perlod Ended 315t October 2021 Reser¥es policy All restrlcted funds shall slt outside any calculation of unrestricted reseNes. The unrestrirted ￿SerVeS minimum should be calculated at the value of annual known flxed cost5 (currently administration expenses such as insurance but may in the future irbclude other tommitments such as premlses rental). No maximum ￿serve has been set- but any excess funds should be considered for use in projects in the next financial year. Strurture, Governance and Management Off The Ropes Is 3 Charitable Incorporated Organisation. The trustees, who served during the year are set out below. OTR has several long-standlng volunteers who dedicate their time to supporting the charitv. Warren Dunkley is an Occupation31 Therapist with NHS, OxleWs and manages most of the delivery of programmes to clients along with Ashley Newman. Patrick Davey is an NHS psychiatrist and support5 the delivery team to ensure that the programmes are structured to maintain the wellbelng of clients. Jo Dunkiey Is admin and marketing support forthe charlty. Durin8 2021 OTR have Introduced the accountancy support of Sarah Bradbury on a consultancy basis. Covld Ststement For the start of this financial year, COVID-19 still had an impact on the charlty, with which we contlnued to provide outdoor activity sessions and zoom / pre-recorded routines. As the restriction5 lifted we were able to resume the activities. TrUrtee￿ Responslbillties The Trustees have complied wlth their duty to have due regard to the Charity Commlssion public benefit guidance when exercising powers or duties to which the guidance is relevant. Adminlstratlve Det•ils None of the below listed Trustees, had any beneficial interest Sn the charity. The following are the Trustees who served during the year and as at the date of this report- Paul Jackson - Chair Derek Tracey Damon Beesley lappolnted 14 July 2021} Toni Dicken50n (resigned 31 October 20211 Re8lStered Office: PO 8ox 519, Gravesend, Kent, DA12 9PU Paul J Chalrman Dated: on OFF THE ROPES IOTRI Independent Examiners report for the year ended 31st October 2021 I report to the Trustees on my examination ofthe financial ststements of Off The Ropes {OTR} {the"Trusf) forthe year ended 31 October 2021. Respon$ibllltie8 and basis of report As the Trustees of the charity you are responsible for the preparation of the financial statements in accordance wf(h the requirements of the Charities Act 2011 Ithe'AcVI. Having satisfied mysglf that the financial statement of the charty are not required to be audited under P8rt 16 of the 2006 A¢1 and are eligible for independent examination, I report in resped of my examination of the charity's financial st*emenls carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicablo Directions given by the Charity Commission under seCt￿n 14515llb} of the Act. Indgpendent examlnerfs statement I have completed my examination. I confim that no matters have come lo my attention in conn8Ction ￿th the examination giving me cause to believe that in any material re$￿ct.. accounting records wera not kept in accordance wi(h section 130 of the Charities Act., or the financial statements do not accord wth those r&ords- the financial slalements did not compty with the applicable requirements conceming the fomi and content of financial statements set out in the Charrties (Accounts and Reports} Re9ulalions 2008 other than that the financial sL*ements gNe a 'true and fairf wew which is not a mattef considered as part of an indewndent examination. I have no conwns and have come a¢r0s5 no other matter8 in ￿nnectIOn with the examination to which attention should be drawn in this report in order lo enable a proper understanding of the financial statements to be reached. Loulse Hallsworth FCA (Senlor Statutory Auditor) For and on 8ehaff of Baxter & Co Chartor8d Certlfied Accountsnts Lynwood House Crofton Road Orpington K9nt BR6 8QE Dated.. 17 August 2022 OFF THE ROPES (OTRI Receipt and Payment ArtiYitle5 tor the year ended 31 Ortober 2021 Cash Ba$ls Unrestllcted Restricted Ertdtrmn￿t T¢*a funds- funds funds funds 2021 Last y￿. 2020 A1- Receipts Donations & fundraising ev&ts Charitable actwf( Oth 88,191 86,191 185,748 2,500 Grc6s income fcf AR 88,191 86.191 188,248 A2 . Asset 8nd investrftent sales Total recelpts A3- Payments C051 of ch8ritable ￿lI￿￿e3 Event cc6ts Mt&keting Admin & supwt costs Lega cctsts Oth 100 17,866 3.315 4,615 750 100 17,886 3.315 4,815 750 2,600 53,371 1,785 4.097 2,016 26,646 26,646 63.869 M- Asset Investm￿1 wrchases 21,518 21,518 Totsl payments Net of recelpts l {paymontsl A5- Tr￿SferS betsvogn funds A6 - Cash funds last end Cash fund thls yèar end 135.185 173212 10.806 136 186 OFF THE ROPES IOTRI Statement of Assets and Uabilities at 31 October 2021 Cash Ba51s unrestrict￿ Restriclwj EndoNment funds fvnds funds B1- Cash funds 173.212 Totsl cash fund> 173 212 Unrestri¢t&J Re51ricted Endcwmenl funds funds fLnds B2. Other monetary assets Fund to vthich asset belongs Ce6t Current v￿ue B3. In*sknent assets Fund to wh￿h agset bebngs Cost Current ue Fund to vthi¢h asset bdrmgs C¢xI Curr8nt B4- Asset5 rthned for the charitys (wn use Fund to wh￿h asset belongs Cc6t Currant value B5- Li￿lItieS These accounts have been prepared In ac¢ordance wlth the provisions applicable to small charitable organisations under Charity SORP. Slgned by one trustees on behalf of all the trustees: Paul Jackson Chairman Date: OFF THE ROPES IOTRI Notes to the Flnancial Statements for the year ended 31 October 2021 ACCOUNTING POUCIES Legal status of the charlty Off The Ropes is a charitable incorporated or8anisatlon not subject to company règulation. wr(h effect from 31 October 2021, the name of the Charity was changed from In Your Corner IIYCI to Off The Ropes IOTRI. Basls of preparing the financlal ststements The financial ststements have been prepared conslstently under the reteipts and payments bas15. This basis provldes readers wlth infomiation about the sources of cash raised during the pÈriod, the Purposes for which £a5h was used and the cash balances at the reporting date. The measurement focus in the financial statements is balances of cash and changes therein. The financial statements have been prepared in accordance with the Statement of Recommended Practice for Charlties SORP IFRS 1021 (Second edition, effective 1 January 20191. The financial statements are prepa￿d In sterling which Is the functional currency of the charlty- Recelpts All receipts lincomel is recogni5ed when the charity has banked funds. Receipts Include donatlons and fundralslng events income. Receipts are based on involce remlttances orfrom the Ju5tGivin6 account transfers. Payments Payments are recognlsed at the point the cash exchange has occurred and funds have been pald out of the charity bank account per the cash accounting basis. The payments have been classified under headings that relate to the categorle5 of receipts. Charitable expenditure amounts to the costs incurred to SUPPOrt the running operatlons of the boxln8 charity need5. Support costs are overhead costs necessary to SUPPOrt the running of the charity Unrestricted funds As no restrictions have been placed upon the receipts received from the Medla Fight Night events or other donations, all activities relate to a single general fund.