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2024-09-30-accounts

Fox Amateur Boxing Club

Charity Number: 1191597

Vestacare Stadium, Whitebank Road, OL8-3JH

Trustee’s Annual Report year ending 30[th] September 2024

TRUSTEES

Dominic Senior

Anthony Lee Crolla

Charles Alexander O’Brien

GYM OVERVIEW

The fox amateur boxing club was founded and set up in 1978 by Jimmy Lewis and since then has had several different locations in Greater Manchester now being based in Oldham. The club is run by Dominic and Charlie coaches/trustees, the club obtained it’s charity status in 2020. The gym is based in a socially deprived area with high rates of unemployment and criminal activities so is important that we can provide a wide range of funded classes to suit all needs.

OBJECTIVES AND ACTIVITIES

The objectives of the charity are primarily focused for the benefit of the inhabitants of Oldham, and the surrounding areas of North Manchester.

The objectives of the charity are:

a) the promotion of community participation in healthy recreation by providing facilities and opportunities for amateur boxing and other activities capable of improving physical health.

b) the provision of facilities for amateur boxing in particular but not exclusively using boxing and its training and techniques as a means of improving health and fitness and encouraging people to make healthy life choices

c) to act as a resource for people living in the area by providing advice and assistance, and organising programmes of physical, educational and other activities.

The aim of this is to advance in life and help young people by developing their skills, capacities and capabilities to enable them to participate in society as independent, mature and responsible individuals. There are additional aims to advance education, relieve unemployment and reduce crime and anti-social behaviour.

ACHIEVEMENT AND PERFORMANCE

The charity has provided boxing training for adults and children, as well as the provision of travel to competitions. The charity has also the use of the facilities for fitness training for groups from local schools, as well as for children and young people who are not in education or training. The charity has provided support for individuals with the provision of equipment, clothing and financial support to aid in their education or training. The charity has also provided meals for participants of it’s boxing sessions. Sessions have been delivered to the local community free of charge.

We offer a wide selection of funded and subsidised classes for a diverse range of people. Some of the classes we offer include-

Organisational structure

The charity is governed by the trustees who meet regularly throughout the year. The trustees have been selected for their experience and knowledge with regards the boxing club and within the surrounding community. All decisions are made by the trustees at their meetings. In planning the activities for the year the trustees have kept in mind the Charity Commissions guidelines on public benefit and the objectives of the Charity.

Financial Review

The charity has received its income from a variety of donations, funding from other charities and local community organisations, subscriptions and use of facilities totalling £21083.29. Income in 2022-23 was £44253)

Although no restricted funding has been received in this financial year £3248 has been carried forward from the 2022-2023 year and has been used for funded sessions and staff costs in the 20232024 year. This was used to deliver sessions to vulnerable adults in the community. Accountancy fees of £768 were deducted in the 2023-24 year but attributed to the 2022-23 year for services delivered in that year.

Trustee (Anthony Crolla) paid only for services delivering coaching sessions to schools and funded classes.

Reserves policy

The trustees have reviewed the reserves of the charity and have concluded that to allow the charity to be managed efficiently and to continue its current activities, unrestricted fund reserves should be not less than 6 months anticipated expenditure. On this basis the current requirement is £10,000 at 30 September 2024. Free reserves at 30 September 2023 amounted to £15,745, which the trustees consider is a satisfactory level.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.

Organisational structure

The charity is governed by the trustees who meet regularly throughout the year. The trustees have been selected for their experience and knowledge with regards the boxing club and within the surrounding community. All decisions are made by the trustees at their meetings. In planning the activities for the year the trustees have kept in mind the Charity Commissions guidelines on public benefit and the objectives of the Charity.

Approved by order of the board of trustees on 1 June 2025 and signed on its behalf by:

Dominic Senior – Trustee/Treasurer

Breakdown of accounts

OUTGOINGS INCOMINGS
Oct-23 £2,499.45 £1,180.00
Nov-23 £1,976.33 £1,784.70
Dec-23 £2,726.50 £2,345.00
Jan-24 £1,140.50 £890.80
Feb-24 £2,043.14 £2,107.00
Mar-24 £2,661.38 £1,681.60
Apr-24 £1,883.77 £1,622.60
May-24 £1,692.46 £2,880.39
Jun-24 £1,845.00 £2,051.00
Jul-24 £3,577.31 £2,446.60
Aug-24 £1,684.45 £827.00
Sep-24 £1,451.66 £1,266.60
TOTAL £25,181.95 £21,083.29
OUTGOINGS
Rent 13800.00
Staff Costs 6661.00
Wifi 464.92
Equipment 1521.77
Amateur show/competing
expenses 506.81
Insurance 1105.86
Accountancy 22/23 768.00
Gym supplies 353.59
total 25181.95
INCOMINGS
Sponsorship 500.00
Donations 1119.80
Subs 5468.59
School Provisions 7425.00
Rent for use of
facilities 1900.00
Funded classes 4670.00
total 21083.39

Fox Amatuer Boxing Club 1191597

Receipts and payments accountspts and payments accountsts and payments accountspayments accountsayments accountsyments accountsments accounts

Receipts and payments accountspts and payments accountsts and payments accountspayments accountsayments accountsyments accountsments accounts CC16a For the period Period start date Period end date To from 01/10/2023 30/09/2024

Section A Receipts and payments Section A Receipts and payments
A1 Receipts Unrestricted
funds
to the nearest £
500
1,120
5,468
7,425
4,670
1,900
-
-
21,083
-
-
-
21,083
13,800
3,413
465
1,523
1,106
768
353
506
-
21,934
-
-
-
21,934
- 851
-
-
- 851
Restricted
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
3,248
-
-
-
-
-
-
-
3,248
-
-
-
3,248
- 3,248
-
-
- 3,248
Endowment
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Total funds
to the nearest £
500
1,120
5,468
7,425
4,670
1,900
-
-
21,083
-
-
-
21,083
13,800
6,661
465
1,523
1,106
768
353
506
-
25,182
-
-
-
25,182

- 4,099
Last year
to the nearest £
Sponsorship 500 -
Donations 1,120 -
Subscriptions 5,468 -
School Provisions 7,425 -
Funding 4,670 -
Rental use of facilities 1,900 -
- -
- -
Sub total(Gross income for
AR)
21,083 44,253
A2 Asset and investment sales,
(see table).
-
-
-
~~Sub total~~ - -
Total receipts
A3 Payments
44,253
Rent of facilities 13,800 -
Staff costs 3,413 -
Wifi 465 -
Equipment 1,523 -
Insurance 1,106 -
Accountant 22/23 768 -
Gym Supplies 353 -
Amateur competingand expenses 506 -
- -
**Sub total ** 21,934 46,991
A4 Asset and investment
purchases, (see table)
-
-
**Sub total ** - -
Total payments
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end
46,991
- 851 - 3,248 -
- 4,099
- 2,738
- - - - -
- - - - -
- 851 - 3,248 - - 4,099 - 2,738

CCXX R1 accounts (SS)

16/06/2025

1

Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period
Categories
Signed by one or two trustees on
behalf of all the trustees
B5 Liabilities
B3 Investment assets
B2 Other monetary assets
B4 Assets retained for the
charity’s own use
B1 Cash funds
Details
Details
Total cash funds
(agree balances with receipts and payments
account(s))
Details
Details
Details
Signature
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
851
-
-
-
-
-
851
-
Agreement Error
Agreement Error
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
-
-
-
-
-
-
-
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
-
-
-
-
Fund to which
liability relates
Amount due
(optional)
-
-
-
-
-
Print Name
Dominic Senior
Endowment
funds
to nearest £
-
-
-
-
OK
Endowment
funds
to nearest £
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval
Dominic Senior 16/06/2025

CCXX R2 accounts (SS)

16/06/2025

2