OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2025-04-01-accounts

REGISTERED CHARITY NUMBER: 1183028

REPORT OF THE TRUSTEES AND FINANCIAL STATEMENT FOR THE YEAR ENDED 31 MARCH 2025

For

NORTH STAFFORDSHIRE KICKBOXING

CONTENTS

1. LEGAL AND ADMINISTRATIVE INFORMATION 2
2. TRUSTEES’ REPORT 2-3
3. ACCOUNTS FOR THE YEAR ENDING 31 MARCH 2025 4-5

1

1. LEGAL AND ADMINISTRATIVE INFORMATION

Trustees as at 31[st ] March 2025.

Simon Walker Peter Mellor Nathan Robson

Registered Office

Unit 22 First Floor (Old Court 5) Fenton Old Town Hall 1 Gimson Street Stoke-on-Trent ST4 3BX

Bankers

Lloyds Bank PO Box 1000 Andover BX1 1LT

2. TRUSTEES REPORT

The Trustees serving during the year were:

Other key positions:

Objectives and activities for the public benefit

North Staffordshire Kickboxing (‘the charity’) exists to fund Kickboxing tuition in North Staffordshire. The Charity was registered with the Charities Commission in April 2019.

The charity’s objects are:

‘To promote community participation in healthy recreation for the public benefit of the inhabitants of North Staffordshire, without distinction of age, sex, sexual orientation, race or of political, religious or other opinions by the provision of facilities for kickboxing.’

2

Achievements

Since being established, membership stays at a consistent level.

Subscription prices have been kept at the lower price to encourage new members. Membership was half price to all members in December 2024. The club has started to compete again in competitions at both regional and national level and envisage greater involvement in these in FY 2025/26

The Future of NSK

3. Accounts for the period ending 31 March 2025

3

Income

During the year, income of £14,393.74 was received. This was obtained through Member Subscriptions.

Investment Policy

The current policy is to hold cash in the Lloyds account where it is easily accessible, recognising it only attracts a low rate of return. As the charity accumulates cash reserves it will investigate the opportunities to invest in other, more long-term investment vehicles, to get better returns so long as this leaves sufficient usable cash for charitable grant purposes.

This policy will be reviewed annually.

Risk Review

The Board of Trustee recognises the importance of conducting a risk review to ensure mitigation against a number of key risks including, funding provision and reputation.

4

Statement of Trustees’ responsibilities

Through the Governing document, Trustees recognise their responsibilities in support of the Charity.

Trustee interest

No serving Trustee has any interest in the Charity’s contracts. It is proposed that the Trustees approve these accounts 14[th] June 2025.

Signed by the Chair of the Trustees

Mr Simon Walker Dated: 07[th] June 2025

5