COMPAi¥IIES HOUSE NUMBER: CE1116765
REGISTERED CHARITY NUMBER: 1182387
lle￿rt ofthe trnstees and
u￿￿dI1ea Fin8lltial Statements for the Period Ended 31 March 202$
for
St Paul's Boxlng Afidemy Charltable Ineoryor4ted Organis¥tion

St Paul's Boxing Academy Charitable lttcorporated Org#nisation
Contents of the Financial Statements
for the Period ended 31 March 2025
Page
Report of tjie Trustees
Independ¢ntExaminerfs Report
Statement of Financial Activities
ststemeiit of Assets and Liabilities
Notes to the Financial Statements
8-10

st Paulls Boxing Ac&demy Charltgble In¢orporAted Oryanisation
Report of the Tru5tee5
for th¢ Period exded 31 March 2025
The Tft￿tees present their report with the financial staterN¢nts of the Charity for the perÉod
ended 31 March 2025..The Ttustees have adopt¢d tFL¢ provisions of Accounting and Reporting
by Charities.. Stst¢ment of Recommend¢d Practice applicable to chaTiues preperingih¢ir
accounts in accordance with the Financial Reporting Standard applicable ip th¢ UK and
Republic of Ireland (FRS 102) (effective l January 2019).
CONSTITUTION
. The chttrity was created on 8 Merch 2019 ort which date its constitution was approved by
the Charities CommissjLin. The Charity had 6 Founding Trustees. The previous community
organisation called St Paul's Boxing Academy passed a sp¢cial resoluuon transferring all of its
activities and as5¢ts at that date 10 the new organisalion.
ORIECTIVES Af4D ACTTVITIES
Our Charity's pukpose a5 sel out in the objects contained in the Charity'5 Constitution and
include..
The l¥omotion of community participation in healthy recreation by th¢ provision
of facilities for amateur E(Ixing'
The promotion of 8ood health for the public benefit including working with local
health professionals and local groups and in providing guidance on health r¢lated
matters such as di¥l, exerrise and drug avoidan¢e" and
To promote social incliision for the public b¢n¢fit by preventing people from
becoming socialty excluded, relieving the needs of those p¢ople who aTe socially
excluded and assisting thern to inte￿ale into society by providing such physical
or social acuvlties that the trUStee5 d¢¢m approwiat¢.
STRUCTURE. GOVERNANCE AND MANAGEMEP4T
Governing document
The organisation is a Charitable IncorN)rated Organisation (CIO) in¢orpor8ted on 8 March
2019 and registered as a chariry on that dats. The Charity was established under the
Gonstitution which establishes the obj¢¢ts and powers of the Charity-
Recruitment and appointrnent of Trustees
The Trustees are Chariry Trustees for th¢ puwose of Charity Law and givr theirtime volun(orily
and rcreive no bsnefjts form the Charity.
Induction and tralnlng of new tru5t¢e8
All nEwly appointed iru5tees ar¢ provided with induction training in 8¢wrdan¢e with
induc¢ion guideline5.

St P?ul'3 Boxtng Academy ChAritable Incorpornted Organisitio
Report uf the Trustees
for the Period ended 31 March 2025
Organisational Stru£ture
The TnLStees me¢t on a quarterly basis and tnanage the strdtegic direction and govemance
of ihe Charity. IT)dividual trustees meet wilh the Head cO￿h and volunteers between
tTtLstees' me¢lings ￿ n¢cessary to ensure the efficient Tunning and development of the Academy.
Seope of activltl
Th¢ Charity offers activities and facilities for all ag¢s, the youngest cuffent member is 4 years
old and the oldest is 84 yews old. Training programmes are designed for those wishing to box
compelitiv¢ly and those se¢kit]8 to improve pet50nal fitne55 and health including w¢ight
weight management and physical and mental well-being.
The Charity is open six days a week and has approximately 500 regular merntrKr5.
The Charity touches lives of over 2.000 individuais over the course of a year through its gym
b&ged and outreach community activities.
Volunteers
In puisuance of ils charitable objectives. the Ch&rity has a number of qualified and
experienced coaches who volunteer to WQTk with the m¢Tnbers for no remuneration. The
Trustees wish to acknowledge the massive effort and contribution to the Charity made by
the ctsaches and by other volunteers who assist with the admini5tr&tion and caterin&
Development PlaDS
The gym was exknsively renovated and improved in 2021 with the help and support of many
I￿al businesses and indiYidu&ls alongsid¢ the Hull City Council. The Charhty a lease in place
with Hull City Council at a peppercorn rent for a 25 y¢ar period which commenced upon
eompletion of the renovation works.
The charity makes the gym available for other l(Kal ehariiies and community organisations that
align with the obje¢iive of St Paul's Boxing Academy. Of primary importance is a group of
Parkin50n'5 Disease sufferers for whom St Paul's puts on iraining sesSiOll5 to aid their physical
and metLtsI well-being.
The Charity uses th￿¢ refu¥bish¢d and improv¢d facilitie5 to both secure and expand its current
work as a boxing 8ym and to provide fitnt5s and inclusion programme5 for other secÉion5 of the
comtnunity including daytime activities. In order to facilitate this. the refvrbishment work included
Ihe provision of a lift and facilities to cater for those with disabilities and mobility ¢hallenges. The
gym is cllrrEntly being used for 16 sessions each week designed to meet the needs of
members and also for daytime sessions for a variety of organisaiion5 serving volnerable ¢hildren
and young people and those suffering from mcnral and other health issues.
Page 2

St Paul's Boxlng Aeidemy Charftsble Incorporated Organtmtknn
Report of the Trnstees
for the Period ended 31 March 2025
FINANCIAL REVIEW
During the year the Charity received income of £103.635 and incurred exp¢nditure of £107.845.
Total reserves at 31 March 2025 were £487,770. Thes¢ included £382,535 of restricted funlts
for the redev¢lopment of the Charities prerni5¢s and £105.235 of unrestricted funds us¢d for the
day to day running of the club.
Investment policy
The Charities sutplus cash r￿rVeS are held by its banker5.
ReseTYe5 policy
The Trnstees have examined the Charity'5 requirement for reserves in ligh¢ of the main risk of
the organisation.
Re5erve5 will be maintsin¢d at a level sufficient Éo cover the expected fijture levels Df committed
eharitsble expenditur¢.
Publi¢ Benefit Confirmatio
The Tru51ees confirm that ihey have complied with the duty in section 17(5) of the Charities
Act 2011 with regard to pllblic berlefit guidanee published by the Charity Commission.
REFERENCE AND ADMINISTRATIVE DETASLS
Registered Charity Dutnber
1182387
Principal Address
North Church Side
Hull
East Yorkthire
HUI IRP
Trusteey
S M Devereux
D C Garness
D Peacock
R Ctwthorn
T Cawthorn- Appointed 14101125
A N Horncastle
J D Rutherford
N Glav25
C Lwis- Appointed 1 $110124
Battkers
HSBC
63 Market Place
Beverley
HU17 8AL
B￿layS
Octsgon House
Gadbrook Park
NoTthwich
Cheshire
CW9 7RB
Page 3

St Paul's Boxing Acgdemy Charitable IncorporHted Organisation
RepoTt of the Trustee5
. for the P¢riod ended 31 Mairch 2025
STATEl¥fEf4T OF TRUSTEES RESPONSIBILITES
The Trustccs are responsiblt for pr¢paring the R6POrt of the Trust¢es and the financial
5tttements in a¢¢ordancc with applicable law and the United Kingdom Accounlivg
Standards (United Kingdom G¢Derally A¢c¢p(ed A¢counting PractLC¢).
The lèw applicable to chariries in England and WalE5. the Charites A¢t 2011 (accounts and
Reports) Regulations 2008 and ihe provi%ion of tht frust deed requir¢5 th¢ Trustees to
preparc fjnancial statem¢Dts for each finèncial year which give a true and fair view of the
stste of affairs of the charity and of the incoming resources and application of resourc&
including the incom¢ and expenditure, of the charity for that periDd. In pi¥paring those
financial statemcrtts, the trustees are rcquired to=
#elect suitable accounting police5 and theTL apply them consistently.
ob5¢Tve the methDds aod principle5 in the Charity SORP-.
make judg¢ments and estimates that are reasonable and prud¢nt'
prepai¢ the financial stat¢men(s on the going concern basis unless it LS in&ppropriar¢
to presum¢ thal th¢ charity will continue in operation.
The Trustees are respon5ibl¢ for keepin8 proper ac¢oun(inv r￿OrdS which disclose with
reasonable accuracy at any titne the financial POSLtion of the Charity aod to enable them to
Ensure that the fiDanci?I statements comply with the Charities Act2011. the Charity
(Accounts and Reports) Regulations 2008 and the provisions of ihe trust de¢d. They are also
responsible for Safeguarding the assets of th¢ Charity and hence taking r¢a50Dable steps for
the prevention and detection of fraud and othEr irregularities.
ApprovEd by the knard of trustees on..
and signed on Its behalf by.
D Gamess
Page 4

Independcnt ExamlneTS Report to the Trustees of
St Paul's Boxing A￿derny Charitable Incorporated Organi5Jtion
for the Period ended 31 March 2025
Independent ¢xamlners report to the trn$ttts of St Paul's Boxing Ac8demy Charitable
llleorporated Organisatlon
F report to the trustees on my ¢xamination of th¢ accounts of St Paul's Boxing Acaderny Charitabl¢
IncoTrorated Organi5ation (th¢ chariry) for the period ended 31 March 2025.
Responsibilities and basis ol report
As the charity's Irustres of the Trust you ar¢ responsible f(K the preparation of the &ccounts ITJ accordance
with the requirements of the Charlties Ad 2011 Cthe 2011 Acr)
l report in respect of my examination of the TnLSte¢s' accounts carried out under section 145 of the 2011 Act
and in ¢arrying out my examination J have followed all the applicable Directions given by the Chairty Commission
under sectiOTJ 145{5)(b) of rhe 2011 Act.
Independent examlner's statemen¢
I have completed my examination. I confirm that no material matters have tome to my attention in connection
with the examination giving me cause to believ¢ that in any material respe¢t..
l. a¢counting records w¢re not kept in respect of the Charity as required by section 130 of the Act. or
2. the accounts do not accord wilh those records,. or
3. the accounts do not cornply with the applicable requirements coneemin8 the form and content of accounts
sel Out in the Ch2ritie5 (Accounts and Report5) Regulation 2008 other than any requirement that th¢ ￿COUnt5
give a'true and fair view which is not a matt¢r considered as part of an ind¢pendent examination.
I have no concerns and have come acros5 no other matter5 in comi¢ction with the examirjation to whirh attention
Should be drawn in this report in order to enable proper understanding of the ac¢ounts to be reached.
Andrew Ewart- F.C.A. F.C.CA.
Try Lurm & Co Chartered Accountants
Roland House
Princes Dock Street
Hull HUI 2LD
Ibic
Date".
Pag¢ 5

St Paulls BoxlD% Academy Charltsble Vntorporated Orggnisgtioh
Statement of Fln*ntial Attlvltles
forthe Period ended 31 MArdL 2025
202S
Total
fuDd5
2024
Tgtsl
futtds
Rtstricted
fund5
(7nrutrAtted
full￿5
114COMING RESOURCES
Donaiion5
embcr5hips
Fundrai5iThg
Retttsl Income -
42,124
45,068
l6,1)43
400
42,124
45,068
16.043
4(10
71909
38,059
10.450
Totsl
I03,635
103.635
121.418
EXPENDITURE ON
Chirltable actlvitles
18.562
89.283
107,845
114,828
NET INCOME
118,562)
14J52
14.210)
6.590
RECONCILJATION OF FUNDS
TotRI funds broughi forward
401.097
90.663
491.980
485.390
TOTAL FUNDS CARRIED FORWARD
382,535
IOS235
487,770
491,980
CONTINUING OPEIL4TIONS
All incorne Nnd expcnditUTe has ari5cn Irom continuing activities.
Page 6

StPAul's Bosing A¢&d*my ChAtritabl¢ IncDTporated Oryani￿tIo
Stotemtnt of A55et$ #Dd Llibllttl
forthe Period etsded 31 Morch 2025
2025
Total
2024
Total
nd$
Restrlcted
fuDds
UnTeStricttd
funds
Note5
FIXED ASSETS
Tangible assets
381535
382.535
401,097
cirRREPfT ASSETS
Cash at bank
Debtors
105.546
4.172
105.546
4.172
,883
109.718
109,718
90.883
CURRENT LJABILITIES
Creditors
4,483
4.483
NET ASSETS
382,535
105.235
487,770
491.980
Unr¢5tri¢ied funds
Restrict¢d funds
105.235
105235
382,535
90.883
401.097
382,535
TOTAL FUNDS
382,535
105.235
487.770
491980
2!-1-. 202
The tinancial statcments wcr¢ approved by the Board ot'Trusic¢5 Qll........
werc signed Dn ivs bchalf by=
D Garnes$
Pa8e 7

St Paul's Brjxlng A¢gdemy Charitable TncorporateA OrJo nisation
Notes to the financial slat¢ment5
for the Period ended 31 March 2025
l AccouNfiNG POLICIES
Ba515 of preparing the fina￿¢1*1 ststements
The financial statements of the charity. which 15 a public benefii entity Under FRS 102. have
been prepared in accordance with the Charitie5 SORP IFRS 102)'A¢counting and RetK>rting
by chariti￿= Statement of Recommended Practice applicable to charitie5 w¢paring their
acoounts in accordance with the Financial Reporting StandaTd applicable in the UK and
Republic of Ireland (FRS 102) (effective l January 2019),. Financial Reporting Standard 102
The Fin&n¢ial Reporting Standard applicable in the UK and Republic of Ireland, and th¢
Charities Act 2011. The Financial statements have been prepared under the historical
cost convention.
Income
All income is recogni5ed in the statemeT]t of Financial Activitie5 once the charity ha5
entitlement to the fi]nds. it is probable that the income will be received and ih¢ 8mount con
be tneasured reliably.
Expendlture
Liabilities are recognised a5 expenditure as soon as there is legal or constructive obligation
committing th¢ charity to that expenditure, it is probable that a transfer of economic benefits
will required in scttl¢ment and the amount of the obligation can be measured reliably.
Expenditure i5 accounted for on an accruals basis and has been classified under headings that
aggregate all c05t relate to that category. Where costs cannot be directly attributed t
particular h¢adings that have been allocated to &￿iVitIeS on a b2555 consisterlt with the
use of resources.
Tangible fixed assets
Depreciatiorl is provided at the following annual rate5 in order 10 writ¢ off each asset oveT
its estimated us¢fv1 life..
Improvem¢nts to leasehold property- 40A on ¢05t
Taxgtion
The Charity is exernpt from tax on its charitable activities.
Fund Accoukntlhg
Unrestricted funds can be used in accordance with the charitable objectives at the discretiOD
of the trustee5.
Restricted funds can only be used for particular purposes within the objects of rhe charity.
Restriction5 arise when specified by the donor or when the fvnds are raised for particular
restricted purposes.
Further explanation of the nature and purpose Df each fvnd is inc5uded in the notes to the
flnancial statements.
Pa8e 8

St Piul'$ Boxing Ac#d¢my CILaritablt Inrorpor8ted Org9ni5a¢io
Notes to the finaMci¥l statements
for tht Period ended 31 March 2025
I TRUSTEES REMUNERATION AND BENEFITS
Ther¢ were no tTU5tct'5 remuneration, expensc5 OT Dttler benefits paid in theyear
Ended 31 Ma￿h 2025 nor for theyear end¢d 31 March 2024.
3 TANGIBLE FIXED. ASSETS
Impiovemcnts
l¢a8ehold
io prop
COST
At l April 2024
Addititsns
DispoS￿S
At 31 Mar¢h 2025
464.056
464,056
DEPRECIATION
At l April 2D24
Charge for theycar
At 31 March 2025
62.959
18.562
81.521
NET BOOK VALUE
At 31 March 2025
381535
At31 Marth 2024
401,097
4 DEBTOILS: AMOUNTS FALLING DUE WITHIN of4E YEAR
2025
2024
TTadr debtors
Other debtor5
1700
1,472
4,172
5 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
Trade ¢redI￿rS
Other creditor5
3.856
627
4,483
Page 9

St Paul's Bosing Academy Charltable lllcorporated OrganisatloTh
Notes to the financial Statements
for the Perlod ended 31 Marcb 1025
6 MOVEMENf IN FUNDS
Net
moverneni
At 1.4.24
in funds AÉ 31.3.25
UnTestrl¢ted ThTmds
General fund
90.883
14.352
105.235
Restricted funds
Dev¢lopment fijnd
401.097
(18.562) 38LS35
Total funds
491.980
4.210) 487,770
Net movement in funds, included in th¢ above are as follows
Incotning Outgoing movernent
resource5
resourees
in funds
Unrestrleted fund$
Gerleral fund
103,635
(89.283)
14.352
Restricted funds
Development fvnd
(18,562) (18.562)
103,635
(107,845)
(4,210)
The General fund is u￿d to meet the day to day rurming costs of the club.
The development fund 15 Tnade up Df funds that have been received and 5rKcifi¢ally
allocated for the redevelopment of the Charity's premise5.
Page 10