Report of the trustees for the periods 1[st] Oct 2022 to 30[th] September 2023
## 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 2022 to 30[th] September 2023
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
## 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
Grants received it helped us to run our round 1 program for 3 days a week for young people getting 30 minutes one to one training. The charity also successfully arranged 2 summer day trips free of charges including refreshments. 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 08‐01‐2023
Mr Richard Maxwell
Trustees who approved the report above.
Richard Maxwell (Chair) Lee Jones Catherine Marie Matthews
## _**Annual unaudited Accounts**_
## **for the period 1st Oct 2022 to 30th Sep 2023**
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## **Approval Statement for the period 1st Oct 2022 to 30th Sep 2023**
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.
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Richard Maxwell Lee Jones
Trustee Trustee
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for and on behalf of the Management Committee, Ten Count Boxing Gym CIO
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30/09/2023 30/09/2022
Notes
Income Received 2 £117,607 £141,418
Total Donations £117,607 £141,418
Less: Expenditures
30/09/2023 30/09/2022
Advertising / Promotions & Online Services £0 £574
Bank, Credit Card & other Financial Charges £0 £0
Equipments £11,517 £3,940
Heat, Light & power £3,139 £930
Insurance £1,356 £847
Merchandise £4,220 £408
Rent and Rates £18,600 £16,500
Repairs, Renewals & Maintenance £3,995 £77,830
Remunerations £5,835 £5,130
Telephone & Internet Costs £472 £484
Travel & Subsistance £11,531 £7,626
Professional Fee £4,320 £4,340
Subscriptions & Trainings Fee £2,121 £489
Projects Services Costs £15,220 £0
Gym/Space Hire £50 £0
Renovation £30,000 £0
Total Payments £112,375 £119,098
Net Receipts/(-Payments) £5,232 £22,321
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## _**STATEMENT OF ASSETS AND LIABILITIES as at 30th Sep 2023**_
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Opening Cash Funds 01/10/2023 01/10/2022
Natwest A/C £26,115 £4,736
Website-Adyen £0 £946
Cash in Hand £1,888
Total Cash Funds at beginning of the accounting period £28,003 £5,682
Add Receipts £117,607 £141,418
Less Payments -£112,375 -£119,098
Expected Total Cash Funds at year end £33,235 £28,003
Closing Cash Funds Restricted Funds Unrestricted Funds 30/09/2023 30/09/2022
Natwest A/C £6,234 £25,008 £31,241 £26,115
Cash in Hand £1,993 £1,993 £1,888
Actual Total Cash Funds at year end £6,234 £27,001 £33,235 £28,003
Liabilities
Electrician £1,000
Examination fees 2400
Total £2,400 £1,000
Notes
1 These receipts and paymentsare prepared on cash basis
Restricted Funds Unrestricted Funds Grand Total
2
Income £81,570.50 £36,036.17 £117,606.67
Grants £81,570.50 £21,122.00 £102,692.50
E B £3,172.00 £3,172.00
Esc Lottery Fund £7,200.00 £7,200.00
Streetgames Uk £9,800.00 £10,000.00 £19,800.00
The Clothworkers £30,000.00 £30,000.00
The Community Foun, Space 2023 £1,820.00 £1,820.00
V A S T £1,250.00 £1,250.00
Woodward Trust Dep, Wct3267 £750.00 £750.00
Yif - Grant £28,250.50 £28,250.50
Stoke City Council £450.00 £450.00
Garfield Weston £10,000.00 £10,000.00
Gym/Space Hire £850.00 £850.00
Membership Fee £13,083.47 £13,083.47
Merchandise £462.00 £462.00
Sponserships - Fund Raisings £518.70 £518.70
Grand Total £81,570.50 £36,036.17 £117,606.67
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## _**for the period 1st Oct 2022 to 30th Sep 2023**_
I report to the charity trustees on my examination of the accounts of theabove CIO for the period 1st Oct 2022 to 30th Sep 2023, 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 state whether any particular matters have come to my attention.
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
## _**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 and grants received in the period of £117607 The trustees provided all necessary documentation to back up the transactions, but they did not submit the correct bookkeeping records as required by the Charity Commission. The trustees have assured me that all transactions are now being promptly and digitally recorded by a dedicated volunteer, and that accurate bookkeeping will be maintained to substantiate any payments made and received along with narratives.
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: **15-Jan-24**
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