HEART OF HAYLING BOXING
ANNUAL REPORT OF THE TRUSTEES
FOR THE PERIOD ENDED 31 MARCH 2022
The Trustees present their report and accounts for the year ended 31 March 2022.
Structure, Governance and Management
Governing Document
The organisation is a charitable incorporated organsation and is governed by a constitution dated 17 March 2021.
Recruitment and Appointment of the Trustees
There is no minimum or maximum length of service and all new trustees have a basic review made into their background including a check with the Criminal Records Bureau before they are accepted.
Risk Management
The Trustees have reassessed the future direction for the chqarity having reviewed environmental trends and opportunities. We have adopted a set of assumptions upon which to approve business strategies, plans and targets to improve performance.
Boxing has standards and guidelines which are used. Monthly, quarterly and other systems are used to monitor and adjust performance and to assess and manage risk. A number of outside inspection agencies periodically review aspects of performance.
Direction, management and service delivery
The trustees are required to make judgements and assessments in the process of preparing the accounts periodically. Furthermore they are responsible for ensuring that the accounting records comply with the Charities Act 2011. Finally they are responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
The Trustees are responsible for reviewing and developing visions of the future, fundamental direction, for approving the Managements’ annual business plan, monitoring and supporting the management’s execution of approved plans.
The financial management of the charity is managed by Mrs Wendy Coates whose whole family are involved in the charity as volunteers and/or as trustees.
Objectives and Activities
The Heart of Hayling (HoH) is a GB Boxing Awards Academy that trains young boxers aged 5-18 in the art of boxing. We follow the GB Boxing Awards programme from non-contact beginner drills that teach basic stance, guard, defences and straight shots (Preliminary and Standard GB Awards) to bent arm shots and complex movement (Bronze GB Award) to conditioned sparring (Silver GB Award) and eventually to medium and heavy sparring (Gold and Platinum GB Awards). We also promote a healthy lifestyle that encompasses eating well (we provide free fruit and water to all our boxers) and regular, purposeful exercise.
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HEART OF HAYLING BOXING
ANNUAL REPORT OF THE TRUSTEES
FOR THE PERIOD ENDED 31 MARCH 2022
Achievements and Performance
The past year has been difficult when having to deal with Covid restrictions but the volunteers and boxers were all keen to get back to normal when training resumed in April 2021. Many boxers have acheived awards and the club was visited by the Deputy Lord Lieutenant for Hampshire. The club often has visiting VIP's to present awards to the children.
Financial Review
The charity's main source of income is from grants from Havant Borough Council, Havant Lottery and other local businesses. For the current year, the surplus for the year is £15,571.
Principal Funding Sources
Boxers donate a small session fee each week to help with refreshments but majority of the funding comes from grants from local government and Lottery funding.
Reserves Policy
The charity periodically reviews its reserves policy to establish what funds are required to keep the club running for at least the next year. Reserves would need to cover the community centre rent, equipment, insurance, DBS checks, refreshments and awards.
Trustees and Directors' responsibilities
The trustees and directors are responsible for preparing the report and accounts in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice.
The Charity prepares accounts for each financial year which give a true and fair view of the state of affairs of the charity and of the surplus or loss for that period. In preparing those accounts, the trustees are required to:
-
select suitable accounting policies and then apply them consistently;
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make judgements and estimates that are reasonable and prudent; and
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prepare the accounts on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the accounts comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report was approved by the board on 16/05/2022 and signed on behalf of the board by
--------------------------------------------------------------------------------------------Jerry Widdowson Wendy Coates Board of trustees Treasurer
Jerry Widdowson Board of trustees
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| Heart | of Hayling Boxing | of Hayling Boxing | 1193846 | ||
|---|---|---|---|---|---|
| Receipts andpayments accounts | CC16a | ||||
| For | the period from |
17/03/2021 | To | 31/03/2022 |
| Section A Receipts and payments | Section A Receipts and payments | |||||
|---|---|---|---|---|---|---|
| A1 Receipts | Unrestricted funds to the nearest £ 8,148 - - - - - - - 8,148 - - - 8,148 250 250 5,040 135 2,151 207 - - 1,098 73 715 9,919 - - - 9,919 - 1,771 - - - 1,771 |
Restricted funds to the nearest £ - 26,320 - - - - - - 26,320 - - - 26,320 - - - - - - 3,108 4,745 1,125 - 8,978 - - - 8,978 17,342 - - 17,342 |
Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Total funds to the nearest £ 8,148 26,320 - - - - - - 34,468 - - - 34,468 250 250 5,040 135 2,151 207 3,108 4,745 1,098 1,198 715 18,897 - - - 18,897 15,571 |
Last year to the nearest £ |
|
| Unrestricted income | 8,148 | - | ||||
| Grants and other restricted income | - | - | ||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| Sub total(Gross income for AR) |
8,148 | - | ||||
| A2 Asset and investment sales, (see table). |
||||||
| - | ||||||
| - | - | |||||
| Sub total | - | - | ||||
| Total receipts A3 Payments |
||||||
| - | ||||||
| Charitable expenses | 250 | - | ||||
| Marketing | 250 | - | ||||
| Rent | 5,040 | - | ||||
| Travelling | 135 | - | ||||
| Office expenses | 2,151 | - | ||||
| Insurance | 207 | - | ||||
| Session supplies | - | - | ||||
| Awards | - | |||||
| Trainingand first aid | 1,098 | |||||
| Medicals & DBS | 73 | - | ||||
| Donations | 715 | - | ||||
| **Sub total ** | 9,919 | - | ||||
| 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 |
||||||
| - | ||||||
| - 1,771 | 17,342 | - | 15,571 | - | ||
| - | - | - | - | - | ||
| - | - | - | - | - | ||
| - 1,771 | 17,342 | - | 15,571 | - |
CCXX R1 accounts (SS)
16/05/2022
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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 B1 Cash funds B2 Other monetary assets B4 Assets retained for the charity’s own use B5 Liabilities B3 Investment assets |
Signature Grant Overdraft Designated funds Details Details Nat West Current ac Details Details Total cash funds (agree balances with receipts and payments account(s)) Details |
Unrestricted funds Restricted funds to nearest £ to nearest £ 7,721 - - - - - 7,721 - 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) Restricted - Unrestricted - Restricted 5,340 - - Print Name |
Endowment funds to nearest £ |
|---|---|---|---|
| - | |||
| - | |||
| - | |||
| - | |||
| OK | |||
| Endowment funds to nearest £ |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| When due (optional) | |||
| Date of approval | |||
CCXX R2 accounts (SS)
16/05/2022
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CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of HEART OF HAYLING BOXING On accounts for the year ended 31 MARCH 2022 Charity no Ilf any) 1193846 Set out on pages I report to the trustees on my examination of the accounts of the above Charity I'the Trust ) for the year ended 31 /0 3/ 2Q21. As the charity's Iruslees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 I'the Act l. Responsibilitles and basls of report I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed a51 the applicable Directions given by the Charity Commission under section 145151{b} of the Act. Independent IThe charity's gross income exceeded £250,000 and l am qualified lo examiner's statement undertake the examination by being a qualified member of linsert name of applicable listed bodyll. Delete I l if not applicable. I have completed my examination. I confirm that no material matters have come lo my allenlion in connection with the examination lolher than that disclosed below ') which gives me cause lo believe that in. any material respect.. the accounting records were not kept in accordance with section 130 of the Charities Act., or the accounts did not accord with the accounting records., or the accounts did not comply with the applicable requirements concerning the form and conlenl of accounts sel out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'lrue and fair, view which is not a maller considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination lo which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Please delete the words in the brackets if they do not apply. Signed: Date.. 1610512022 Name: Victoria Rogers Relevant professional qualificationlsl or body FCCA- Fellow of the Association of Chartered Certified Accountants IER Oct 2018
lif any): Address: 5 Sl Thomas Avenue. Hayling Island, Hanls P011 OET Section B Dl$closure Only complete if the examiner needs lo highlight material matlers of concem (see CC32. Independent examination of charity accounts.. directions and guidance for examiners). Give here brief details of any items that the examiner wishes to dlsclose. IER Oct 2018