THE RINGSIDE CHARITABLE TRUST
CHARITY NUMBER;1185462
Report of the trustees for the year ending 31st December 2023
The Trustees of The Ringside Charitable Trust present their annual report and accounts for the year ending 31st December 2023 and confirm they comply with the requirements of the Charities Act 2011.
OUR AIMS
For many years concern has been expressed for the countless boxing personnel who find themselves suffering from depression,alcohol dependency,injuries and illness attributed to boxing.
The Ringside Charitable Trust hope to change the way we care for our boxing family.The vision for the home is to include medical help,facilities for ex boxers to be cared for ,both short and long term,a cinema room for the boxers to watch old films of their fights ,where they can sit together and reminisce.
ACTIVITIES AND ACHEIVEMENTS
To date to raise funds we have held several event s,ie; sky dive by boxers,climbing of Mont Blanc,marathon runs, abseiling,firewalking and sales of merchandise,,sponsored events and donations.
OUR FINANCES
The Ringside Charitable Trust started life in January 2019,as Ringside Rest and Care,an unregistered charity,becoming registered in September 2019.
These accounts reflect the activities of the charity.
DONATIONS
So far we have made 43 donations to boxers in need.
FUTURE PLANS
To continue fundraising and by providing accounts to interested parties re funding.Due to the death of our secretary Karen Knight,we are now engaged in finding a replacement.
| lncome; | f | € | |
|---|---|---|---|
| Sales | 6048 | ||
| Donations andSponsorships | 55,106 | ||
| Promotions | 8789 | ||
| Depositlnterest | 2429 | ||
| 72,372 | |||
| Exoenditure: | |||
| Donations | 1750 | ||
| Printing/Postage | 269 | ||
| Website/Communications | 1503 | ||
| lnsurance | 3L4 | ||
| Advertising | 100 | ||
| Accountant | |||
| Consultants | |||
| CostofSales | 2L64 | ||
| Bank Charges | L57 | ||
| PromotionalCosts | 7ttz | ||
| Travel | to7 | ||
| L3,476 |
| Fixed Assets | € | f |
|---|---|---|
| 0 | 0 | |
| CurrentAssets | ||
| Prepayment | 304 | |
| Stock | L,27O | |
| BankDeposit | 200,318 | |
| BankCurrentAccount | 24,926 | |
| 222,8L8 | ||
| CurrentLiabilities | 0 | 0 |
| Net CurrentAssets | 222,8L8 | |
| OpeningBank Balanceasat1stJanuary2O24 | ||
| DepositAccount | lLo,L62 | |
| CurrentAccount | 53,750 | |
| Total | L53,922 |