Report of the trustees for the periods 1[st] Oct 2021 to 30[th] September 2022 ## Section A Reference and administration details The Trustees are pleased to present their report together with the financial statements of the Charity for the periods 1[st] Oct 2020 to 30[th] September 2022 Charity number 1191711 Phone number 07856 750283 Principal office Winchester Halls, Winchester Avenue, Stoke on Trent, ST2 0LL Trustees who managed the charity during the period Richard Maxwell (Chair) Lee Jones Catherine Marie Matthews (joined 16/11/2021) ## Section B **Structure, governance and management** 10 Count Boxing Gym is a CIO Charity and governed by its governing document. New trustees are elected by existing trustees vote. Section C Objectives and activities (A) The promotion of community participation in healthy recreation for the benefit of the inhabitants of stoke‐on‐trent and the surrounding areas by the provision of facilities for amateur boxing. B) to provide or assist in the provision of facilities in the interest of social welfare for recreation or other leisure time occupation of individuals residing in stoke‐on‐trent and the surrounding areas who have need of such facilities by reason of their youth, age, infirmity or disability, financial hardship or social circumstances with the object of improving their conditions of life.. Section D Achievements and performance The charity has received £123,842 Grants including £50,000 from the City of Stoke on Trent Council. Most of the grants was spent on the roof as it was in a terrible condition. Also it helped us to run our round 1 program on Saturdays for young people. Bentilee is an underprivileged area and again these grants have helped us to keep our kids classes open to everyone including many families that cannot pay. ## Section E Financial Review The charity has 1 Bank account with Natwest and also the charity website is used to receive donations and payments to suppliers. Monies received via website are transferred to Bank account on timely basis. Charity is entirely financed by membership fee, donations and fundraising. ## **Section G** Declaration Approved by order of the board of trustees on 19‐10‐2022 Mr Richard Maxwell Trustees who approved the report above. Richard Maxwell (Chair) Lee Jones Catherine Marie Matthews **----- Start of picture text -----**
Ten Count Boxing Gym CIO
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_Charity Reg no 1191711_ Web: TenCountBoxingGymCIO.com Tel: 07856 750283 ## _**10 Count Boxing Gym CIO**_ ## _**Annual unaudited Accounts**_ ## **for the period 1st Oct 2021 to 30th Sep 2022** Page 1 of 6 **----- Start of picture text -----**
Ten Count Boxing Gym CIO
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Charity Reg no 1191711 Web: TenCountBoxingGymCIO.com Tel: 07856 750283 ## **Approval Statement for the period 1st Oct 2021 to 30th Sep 2022** We approve the accounts which comprise of Receipts and Payments Account and related notes. We acknowledge our responsibility for the accounts, including the appropriateness of the applicable financial reporting framework as set out in note 1, and for providing KiQi Chartered Certified Accountants with all information and explanations necessary for their compilation. **----- Start of picture text -----**
Richard Maxwell
Trustee
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Lee Jones
Trustee
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for and on behalf of the Management Committee, Ten Count Boxing Gym CIO Page 2 of 6 |Notes
Income Received
**_2_**
**Total Donations**
_Less: Expenditures_
Advertising/ Promotions & Online Services
Bank,Credit Card & other Financial Charges
Heat,Light &power
Insurance
Merchandise
Rent and Rates
Repairs,Renewals & Maintenance
Remunerations
Telephone & Internet Costs
Travel & Subsistance
Professional Fee
Subscriptions & Trainings Fee
0
0
Total Payments
**Net Receipts/(-Payments)**|Notes
Income Received
**_2_**
**Total Donations**
_Less: Expenditures_
Advertising/ Promotions & Online Services
Bank,Credit Card & other Financial Charges
Heat,Light &power
Insurance
Merchandise
Rent and Rates
Repairs,Renewals & Maintenance
Remunerations
Telephone & Internet Costs
Travel & Subsistance
Professional Fee
Subscriptions & Trainings Fee
0
0
Total Payments
**Net Receipts/(-Payments)**|**_30/09/2022_**
**_30/09/2021_**|**_30/09/2022_**
**_30/09/2021_**| |---|---|---|---| |||**£141,418**
£29,366
**£141,418**
**£29,366**
**_30/09/2022_**
**_30/09/2021_**|£29,366
**£29,366**| |
**Net Receipts/(-P**|||| |||**£574**
**£1,051**|| ||Bank,Credit Card & other Financial Charges|**£0**
**£91**|| ||Heat,Light &power|**£930**
**£315**|| ||Insurance|**£847**
**£253**|| ||Merchandise|**£408**
**£519**|| ||Rent and Rates|**£16,500**
**£15,250**|| ||Repairs,Renewals & Maintenance|**£72,830**
**£1,262**|| ||Remunerations|**£10,130**
**£800**|| ||Telephone & Internet Costs|**£484**
**£648**|| ||Travel & Subsistance|**£7,626**
**£630**|| ||Professional Fee|**£4,340**
**£0**|| ||Subscriptions & Trainings Fee|**£489**
**£0**|| ||0|**£0**
**£0**|| ||0|**£0**
**£0**|| ||Total Payments
**ayments)**|**£119,098**
**£23,684**|| |||**£22,321**
**£5,682**|| **Net Receipts/(-Payments)** Page 3 of 6 ## _**STATEMENT OF ASSETS AND LIABILITIES as at 30th Sep 2021**_ |**_Opening Cash Funds_**
Natwest A/C
Website-Adyen
Cash in Hand
**_Total Cash Funds at beginning of the accounting period_**
**_Add_**
Receipts
**_Less_**
Payments
**_Expected Total Cash Funds at year end_**
**_Closing Cash Funds_**
Natwest A/C
Website-Adyen
Cash in Hand
**_Actual Total Cash Funds at year end_**
**Liabilities**
Electrician|**_Opening Cash Funds_**
Natwest A/C
Website-Adyen
Cash in Hand
**_Total Cash Funds at beginning of the accounting period_**
**_Add_**
Receipts
**_Less_**
Payments
**_Expected Total Cash Funds at year end_**
**_Closing Cash Funds_**
Natwest A/C
Website-Adyen
Cash in Hand
**_Actual Total Cash Funds at year end_**
**Liabilities**
Electrician|**01/10/2021**
**07/09/2020**| |---|---|---| |||£4,736
£0| ||Website-Adyen|£946
£0| ||Cash in Hand|£0
£0| |||| |||| |||**£5,682**
**£0**
**£141,418**
**£29,366**| ||Payments|**-£119,098**
**-£23,684**| |||**£28,003**
**£5,682**| |||| |||**30/09/2022**
**30/09/2022**| |||£26,115
£4,736| ||Website-Adyen|£0
£946| ||Cash in Hand|£1,888
£0| |||| |||| |||| |||**£28,003**
**£5,682**| |||0| |||| |||£1,000| > _**Total**_ **£1,000 £0** **Assets in Use** Page 4 of 6 **Notes** 1 ## **These receipts and paymentsare prepared on cash basis** |2|||**Bank**|**Cash**||**Website**||**Grand Total**| |---|---|---|---|---|---|---|---|---| ||**Income**|**Adyen Membership Fee**|0||0||7,864|**£7,864**| |||**Grants**|123,842||0||0|**£123,842**| |||**Gym/Space Hire**|1,250||1,590||0|**£2,840**| |||**Membership Fee**|3,647||1,600||0|**£5,247**| |||**Merchandise**|360||0||0|**£360**| |||**Donations**|150||0||0|**£150**| |||**Onsite Trainings Fee**|400||0||0|**£400**| |||**Sponserships - Fund Raisings**|715||0||0|**£715**| ||**Income Total**||130,364||3,190||6,883|**£141,418**| Page 5 of 6 ## _**Independent examiner's report to the trustees of Ten Count Boxing Gym CIO**_ I report to the charity trustees on my examination of the accounts of theabove CIO for the period 1st Oct 2021 to 30th Sep 2022, which are set out on pages 3 to 4. ## _**Respective responsibilities of trustees and examiner**_ As the charity trustees of the CIO you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). It is my responsibility to: - examine the accounts under section 145 of the 2011 Act; • to follow the procedures laid down in the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and - to state whether any particular matters have come to my attention. ## _**Basis of independent examiner’s report**_ My examination was carried out in accordance with the general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below. ## _**Independent examiner's statement**_ The trustees have prepared receipts and payments accounts showing donations received in the period of £141418 All transaction were recorded on timely basis, digitally and proper book keeping were kept to support any payments made and received with narrations. In connection with my examination, no material matter have come to my attention, other than that referred to in the above paragraph; which gives me reasonable cause to believe that in, any material respect; - accounting records were not kept in accordance with section 130 of the Charities Act or - the accounts do not accord with the accounting records have not been met I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached Mr Rashid JALAL _**[(FCCA)]**_ Fellow of Association of Chartered Certified Accountant _(ACCA)_ Date: **19-Oct-22** Page 6 of 6