CHARITY COMMISSION FOR ENGLANO AND WALES Trustees. Annual Report for the period From 0110112022 Period start dats To 31101212022 Period end date Charlty name: Track Fitness Boxing Charity registration number: 1193279 Objectlves and Actlvities SORP retsrance Summary of the purposes of the charity as set out in its goveming document Para 1.17 Track Fitness and Boxing aims to run a sustainable community gym in Beverley and surrounding areas, benefiting people aged 5 and up by promoting physical ftlness, mental health, and well-being. The club provides structured fitness and boxing activities. coaching, and competitive opportunities in a safe. fun, and accessible environment, encouraging participation in amateur boxin for all a es. To offer coaching and competitive opportunities in boxing through England Boxing To offer altemative fitness and heatth programs to engage the wider community To promote the club within the lo¢al communty, including schools and education providers, and local specialist services who will refer people to us To ensure a duty of Gare to all members of the club by ensuring a safe and enjoyable environment is maintained To provide an opportunity for disengaged children, young people and adults to undertake positive activities and assist in the reduction of anti-social behaviour. The trustees confirm that, in exercising their powers and duties, they have had due regard to the guidan issued by the Charity Commission on public benefit. In particular, they have considered how the charity's activities contribute to the physical fitness, mental health, and well-being of the communty, and ensure that the services provided are accessible and available to people of all ages from 5 years upwards. Summary of the main activities in relation to those purposes for the public benefit. in particular. the activities. projects or SeiceS identified in the accounts. Para1.17an 1.19 Statement confirming whether the trustees have had regard lo the guidance issued by the Charity Commission on public benefit Paia1.18
Additional inforniation (optional You may choose to include further statements where relevant about.. SORP reference Policy on grant making Para 1.38 NIA Policy on social investment including program related investment Para 1.38 NIA Contribution made by volunteers Para 1.38 The trustees acknowledge and appreciate the vital contribution of our volunteers, whose time and skills are essential to the running of the club. Volunteers support coaching, mentoring, event organisalion, travelling to and attending competitions and external shows and adminislrative tasks, enabling the club to provide a safe, inclusive. and enjoyable environment for all members. Their commitment not only furthers the charity's objectives of promoting physical fitness, mental well- being, and community engagement, but also represents significant economic value. Based on average volLAnteer hours and national volunteering rates, their contribution is estimated to be worth approximately £24,125 annually, refiecting the substantial impact the charity's volunteers have on sustaining lh8 club's activrties. NIA Other Achievements and Perfomiance SORP roferenc* Summary of the main achievements of the charity, identifying the difference the ¢harity's work has made lo the circumstances of its beneficiaries and any wider benefits to society as a thole. Para 1.20 During the year, Ihe charity's community boxing gym has delivered a wide range of activities thal have transfomed the lives of Its members and created measurable benefits for the wider community. Empowering Young People and BLsilding Lrfe Skills - The gym provides strudure, routine, and positive role models, particularly for young people who may bè struggling at school or work. Through boxing training and competitions. members develop essential life skills such as discipline. communication, problem-solving. resilien, and a growih mindset. Youth Engagement and Crime Prevention - By offering a safe, disciplined environment, Ihe gym keeps young people off the streets ana awa from ne alive influences such as
gangs, drugs, or crime. It creates a sense of purpose and connection, fostering respect, accountability, and positive relationships across age, race, and background. Improving Physical and Mental Health - Regular training supports physical fitness and emotional well-being, helping members manage stress, anxiety, and depression. The program boosts self-confidence and self-worth through continuous personal growth and skill development. Promoting Equalrty. Diversity and Inclusion - The gym welcomes people from all backgrounds, actively promoting equality regardless of race, gender, religion, sexual orientation, disabilily, or income. Female- only sessions, women coaches. beginner- friendly programs, and adaptations for neurodiverse or disabled members ensure acc8ss for everyone. Wider Benefits to Society - The charity's worf( extends beyond boxing. By reducing antisocial behaviour, improving health outcomes. fostering inclusion, and strengthening community ties, the gym makes a positive contribution to social cohesion and public well-being. Its inclusive approach helps break down barriers and inspires long-temi community develo ment. Addltional information loptional) You may choose to include further statements where relevant about.. During the year, the charity made strong progress against the objectives set by the trustees Key targets for youth engagement. community 4n¢lusion, and health promotion were met through the delivery of structured boxing programmes, subsidised memberships, and outreach activities. The gym successfully provided safe and supportive environment for young people, improved access for low-income families. and expanded fèmale participation through dedicated sessions and coaching ortunrties. During the year, fundraising activities were carried out in line with the objectives set by the trustees to support the gym's operational costs and community programmes. Achievements against objectives set Para 1.41 Performance of fundraising acttvities against objectives set Para 1.41
Investmenl performance against objectives Para 1.41 NIA Other NIA Financial Review Review of the charily's financial position al the end of the period Para 1.21 At the end of the year. the charity is in a stable financial posrtion. Key points are.. The charity has enough funds to continue its activities and meet its obligations. Unrestricted reserves are maintained to cover unexpected costs and ensure continuity. Restricted funds have been used for their intended purposes, with any remaining balances carried fOard for ongoing projects. The trustees have reviewed polential risks and are confident the charity can continue ratin asa oin concern. The charity aims to maintain a prudent level of reserves to ensure the stability and continuity of our work. These reserves help us to cover essential operating costs in case of unexpected shortfalls in income or delays in funding, manage unexpected expenses and emergencies and allow us to take advantage of opportunrties to improve or expand our seNices Statement explaining the policy for holding reserves stating why they are held Para 1 22 The trustees review the level of reserves annually to ensure they remain appropriate in light of the charity's current activities. future plans, and potential risks. Any use of reserves is Carefully considered lo maintain the charity's long-term financial health while fLJlfillinLits mission. Amount of reserves held Reasons for holding zero reserves Details of fund materially in deficrt Explanation of any uncertainties about the charity Continuing as a going concem Para 1.22 £8,529 NIA Para 1.22 Para 1.24 NIA Para 1.23 The trustees have assessed the charity's financial position. reserves, and future funding prospects. At present, there are no significant uncertainties that cast doubt on the charity's ability to continue operating for the foreseeable fLrture.
Additional infomiation {optionall You may choose to include further ststements where relevant aboui.. The charity's principal sources of funds (including any fundraising) Para 1.47 Membership Fees- Regular income from gym users. including low-cosl or subsidised memberships to maintain accessibility. Fundraising Events - Income generated from fundraising activity s such as 'bus stops,, sponsored runs and hosting club shows which also serve as key fundraisers. Local Sponsorships - Support from local businesses that contribute sponsorships to help cover event and programme costs. Grant Funding l Donations - Occasional or targeted grants and community funding to help sustain programmes and offset rising operational costs (e.g., utilities, equipment re lacement . Investment policy and objectives including any social investment policy ado ted A description of the principal risks facing the charity Para 1.46 NIA P¥ra 146 NIA Other NIA Structure, Governance and Management Description of charity's trusts.. Type of governing document Para 1 25 Association M¢xlel Constitution How is the charity onstituted? Pira 1.25 Charrtable Incorporated Organisation Trustee selection melhods including details of any nstilutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees PBra 1 25 In accordance with the governing document. there must be at least three charlly trustees. The maximum number of charity trustees is 12. At each annual general meeting, around one-third of the charity truste8s must retirè by rotation. Trustees who have served the longest Sin their last appointment step down first., rf terms are equal, the retiring trustees ar6 chosen by lot. Vacancies created may be filled by members at the meeting or later by either the members or the trustees, provided the maximum number of trustees is not exceeded. Trustees appointed by members follow the nomial rotation rules, while those appointed by trustees themselves serve only until the next annual general meeting.
Additional inforniation (optional) You may choose to in¢lude further statements where relevant about.. Policies and prOdureS adopted for the induction and training of trustees The charity's organisational structure and any wider network with which the charit works Relationship with any related arties Other Para 1.51 NIA Para 1.51 NIA Para 1.51 NIA NIA Reference and Administrative details Charit name other name the chari uses istered chari number Charity's principal address Track Fitness and Boxin 1193279 Units7&8 KilnbeGk Business Park Annie Reed Road Beverley HU17 OLF Namos of tho charity tru5teos who manage the charlty Name of p•r8on lor body) entitled to appoint Trn8t•• nom• Offie• lif *ny) Dates acied Sf not for whole year Jonathan Thorne Jordan Thorne Chair Treasurer Laura Stewart Rob Atkinson Glen Irvine Secretary Adam Wallis Child Welfare Officer Corporaté trLJStoes - names of tho diroctors at the date the report was approved Dirnetor nam• Name of trustees holding title to property belonging to the charity Tru8ts• nam8 Datss act if ngt for whole Funds held as custodian trustees on behalf of others Description of the assets held in this ca acit Name and objecls of the charity on whose behalf the assets are held and how NIA NIA
this falls within the custodian charit ects Details of arrangements for safe custody and segregation of such assets from the charity's own assets NIA Addltional Inforniation (optional) Names and addresses of advisers (Optional inforniation) Type of Name Address advlser Name of Ghief executive or names of senior slaff members {Optional infonnation Exemptions from disclosure Reason for non-disclosure of ke ersonnel details Other optional inforniation Declarations The truste•s declare that they have approved the trustees, report above. Signed on behalf of the charity's trustees Slgnaturn($) Full name(sl Posltlon (eg Secretary, Chair, etc) Jonathan Thome Chair Date
Financial Statement
Track Fitness and Boxing For the year ended 31 December 2022
| Financial Statement Track Fitness and Boxing For the year ended 31 December 2022 |
|
|---|---|
| 2022 | |
| Turnover | |
| Boxers Subs | 2,919.24 |
| Championship Box Cup Entry Charges | (180.00) |
| Donations | 2,347.00 |
| Event Income | 12,759.43 |
| Total Turnover | 17,845.67 |
| Gross Profit | 17,845.67 |
| Administrative Costs | |
| Boxer Costs During Travel | 2,085.64 |
| Championship and Box Cup Entries | 470.32 |
| Coaches Wage | 365.00 |
| Electricity | 1,878.51 |
| Equipment Costs | 1,263.47 |
| Event Costs | 6,983.82 |
| Fuel | 2,225.00 |
| General Expenses | 652.71 |
| Gym Insurance | 702.04 |
| Gym Rent | 4,585.00 |
| Hotels | 2,777.28 |
| Rates | 1,736.50 |
| Repairs and Maintenance | 650.10 |
| Total Administrative Costs | 26,375.39 |
| Operating Profit | (8,529.72) |
| Profit on Ordinary Activities Before Taxation | (8,529.72) |
| Profit after Taxation | (8,529.72) |
Profit and Loss Track Fitness and Boxing
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