Fitzroy Lodgc ABC Financial Statements Year ended 30th April 2025 Doc ID.. 9456ede59b2f543e4dd673gOad2ee904e99dbf20
Fitzroy Lodge ABC (A Company Limited by Guarantee) Contents Page Reference and Administrative Details of the Charity and its Trustees TTUStees' Report Independent Examiner's Report Statement of Financial Activities Balance Sheet io Notes to The Financial Statements Doc ID.. e456edg59b2f543e4dd673goad2ee904e99dbf20
Fitzroy Lodge ABC (A Company Limited by Guarantee) Reference and Administrative Details of the Charity and its Trustees Year ended 30th April 2025 Trustees G Davis K Herschell S Jolicoeur AD Ncwman Nkuni S Oxley M Parginou M Reigale G Turner G Williamson 10959522 (England and Wales) Company registered number: 1194283 Charity registered nutnber: The Arches 180 Lambeth Road Registered Olee. LONDON SEI 7JY Doo ID.. 9456edg59b2f543e4dd673goad2ee904e99dbf20
Fitzroy Lodge ABC (A Company Limited by Guarantee) Trustees, Report Year ended 30th April 2025 The Trustees {who are also directors of the Charity for the purposes of the Companies Act) present their annual report, which seTres the purpose of both a Tn]stees' report and Directors, report, together with the financial statements of Fitzroy Lodge ABC (the Charity) for the year ended 30th April 2025. Thc Trustccs confirm that thc Annual Rcport and financial statcincnts of thc Charity comply with the current statutory requirements, the rcquiTcments of the Charity's governing document and the provisions ot the Charities Statement Recommended Practice (FRSI 02.) Since the Charity qualifies as small under section 383, the strategic report required of medium and large companieq under The Companies Act 2006 (Stratcgic Repurt and Directurs, Report) Regulations 2013 is not required. TRUSTEES The Trustces who scrvcd thc Charity during the year were as follows.. G Davis K Herschell S Jolicoeur AD Newman M Nkuni S Oxley M Parginou M Rcigatc G Turncr G Williamson OBJECTIVES AND ACTIVITIES The Charity's purposes as set out in the Articles of Aqsociation are the promotion of community participation in healthy revrealion for the publi bcncfit in London in particular by thc provision of facilitics {building; cquipmcnt; access to coaching and organising sporting activities) to participale in boxing, together with associated titnesslgym activities. ACHIEVEMENTS AND PERFORMANCE A continucd improvcmcnt in thc Charity's financial position cnablcd thc funds to increase by £111,129 Doc ID.. e456edg59b2f543e4dd673goad2ee904e99dbf20
Fitzroy Lodge ABC (A Company Limited by Guarantee) Trustees, Report (continued) Year ended 30th April 2025 Boxing Development and Community Engagement Fitzroy Lodge continues to play an active role ii) supporting young people referred by Carney's Community, a valued partner organisation that works with disadvantaged and excluded youth. This collaboration remains central to our misqion of using boxing as a positivc forcc for pcrsonal growth and social inclusion. Over the past year, four young participants from Carney's Community proudly represented the club in coinpelilive bouts a testament to their dedication and the effecliieness of the joiiit development patliway we have built iogeilier. Through structured training, mentoring, and competition, these young athletes have developed greater Confidence, diqcipline, and r¢silien¢¢ within a safe and en¢ouraging environment that place5 their well-being at its cure. In addition, the club continues to support young men]bers in achieving their Level 2 and L£vel 3 coaching qualifications. These accoinplishments empower them to lead their own classes, furthcr cnliaiicing their confidence, skills, and contribution lo thc club's outreach and mentoring activities. Membership Growth and Outreach The club has continued to expand its membership by strengthening links with local schools. colleges, and community groups. These partnerships have helped introduce mor¢ young people to th¢ b¢n¢fits of boxing in a structured, supportive setting. We are also proud to deliver iailored boxing qeqsions for two Special Educatioiial Nccds {SEN) schools- Fairlcy Housc and Roots and Shoots. Working in collaboration with local tcachcrs. the club promotcs thc physical and mclltal bcncfits of structurcd boxing training within a supportive environment. We are also grateful lo Diversity Media Sales, who have generously sponsored the jui)ior sessions for a full year, enabliiig young boxers lo train free of charge. This initiative ha.q removed financial barriers and encouraged greater participation from local youth. International Exposure and Transformative Experiences This sumtner, the club organised a successtul trip to New York, offering boxers and ¢oaches an inspiring int¢rnational ¢xpeTi¢nce. The visit was particularly impactful for those Iravelling abroad for the first lime, broadening their hori20ns and strengthening camaraderie within the team. A partnership was formed with a local New York boxing club, with both sidcs cagcr to build on this succcss and rcpcat ihc cxchangc. Do¢ ID.. e456edg59b2f543e4dd673goad2ee904e99dbf20
Fitzroy Lodge ABC (A Company Limited by Guarantee) Trustees, Report (continued) Year ended 30th April 2025 Partnerships and Professional Development Through our partnerships Thlth Diversity Media Sales and Manning Gottlieb OMD, we have strengthened the 'Champions Initiative, an internship programme providing young adultq with opportunities for learning, development, and profesqional growth. Participants gain industry-rccogniscd accrcditations, hands-on cxpcricncc, and thc chance to build nctwoiks within the media sector. A notable success of this initiative is Ricco Robb, who continues to thrive in his full-lime role as a Trainee Business Executive with Diversity Media Sales. Community Ei'ents and Showcases The Club haq recently hoqted three su¢ceqsful boxing qhows. in¢liiding two al Carncy's Conllnunity and onc prominent cvent at the Old Bailey in the City uf London. In addition, the club recently reopened after several months of much_needed renovations, wliich have sigiificaiiily iinproved the training environment and facilities for all mcinbcrs. To mark this important milcstonc. Fitzroy Lodgc hosted a special reopcning event attended by donors, supporters, and former boxers. The occasion cclcbratcd thc club's hcritagc, thc gcncrosity of thosc who conlributcd to its returbishmenL and the renewed commitment to providing a safe: inspiring space for the next generation of boxers. FINANCIAL REVIEW As at 30th April 2025 the charity held unrestricted reserves of £144,650 (2024 - £127,757.) As at 30th April 2025 thc cbarity hcld rcslrictcd rcservcs of £94,236 Doc ID.. e456edg59b2f543e4dd673goad2ee904e99dbf20
Fitzroy Lodge ABC (A Company Limited by Guarantee) Trustees, Report (continued) Year ended 30th April 2025 STRUCTURE, GOVERNAiNCE AiYD MA]%AGEMENT The Charity is a company limited by guarantee. It operates under the rules of its Articles of Association dated 26th April 2021. Thc Charity rcgistcrcd at the Charity Commission on 26th April 2021. It has no sharc capital and ihc liability of cach mcmbcr in the cvcnt of winding up is limitcd to £1. The Trustees are appointed in accordance with the Articles ot Association. New Trustees joining the Board are given appropriate briefing of their obligations under company and charity law and on the contents of the Articles of Association. They are also referred to guidance issued by the Charity Commission on the role of Ihc ChilY Ttuslee. Thc main risk to thc Charity is a failurc to gcncratc sufficicnt incon]c from subscriptions to finance its operations. The Tnistees are satisfied that the major risks have been rnitigated as far as possible bui the Board recognises that it must keep these risks under constant review if the Charity is to continue to operat¢. In this connection, the controls in place include regular updates to Trustees on our financi<il po.qition, the preparation of formal agendas for Board meetings which highlight areas of concern arhd fornial approval procedures for financial and strategic decisions. PLANS FOR FUTURE PERIODS Community Engagement and Inclusive Opportunities Thc cliib will continuc to offcr classcs dcsigiicd for Lion-compctitivc mcn]bcrs, promoting inclusivity and cncouraging participation across all agcs dnd abilitics. In the coming year, the club aims to increase participation among wonien, older adults, and those new to the sport, promoting boxing as a tool for well-being and personal growth. By maintaining affordable ineimbership options and exploriiig fuiiding opportunities, the club strives to remove fillancial and social barriers thut Inight othenvise prevent local residents from taking part. Wc plan to collaboratc with local community organisations and schools to cxpand outreach and encourage engagement among underrepresented groups. These etyorts will help the club continue its long-standing tradition of using sport to foster inclusion, disciplin¢, and positive change within the con]munity. Doc ID.. e456edg59b2f543e4dd673goad2ee904e99dbf20
Fitzroy Lodge ABC (A Company Limited by Guarantee) Trustees, Report (continued) Year ended 30th April 2025 Future Events and Fundraislng Inltlatlves Looking ahead, Ihe club plans lo hosl three guaranteed open shows during the upcoming boxing season, NN'ith thc possibility of adding a fourth subjcct to otTicial availability. These events will provide opportunitieq to qhowcase our boxers and engage further with thc community. Additionally, thc club intcnds to host at Icast onc dinncr boxing show, combining entcrtaitunent with tundraising to support our ongoing progran]mes and initiatives. International Exposure and Transformative Experiences Plans are underway for another international trip to America, where the club will collaborate once again with a New York boxing cliib to arrange competitive bouts for our senior boxer5. Thi5 initldtive aims to build on prewious successes, uffeiing participants invaluable international exposure, cultural exchange, and personal growth opportunities- particularly for those from disadvantaged backgrounds. Success of the Carney's Cup and Future Plans The Carney's Cup continues to be a highlight of the club's calendar, providing a compctitivc yct supportivc platform for young boxcrs. Thc ncxt cvcnt is provisionally scheduled for February 2026. Professional Development and Internship Opportunities Fitzroy Lodg¢ remains firmly committ¢d to its internship and professional developm¢nt programmes, continuing to offer young people paihways to gain valuable experience, practical skills, and access to profesqional netl4Torks. These iiiitiatives remain central to thc club's mission to dcvclop wcll-roundcd individuals both insidc and outsidc thc ring. Lease and Long-Term Seeurity The club finalised ternis to renew its lease, ensuring the long-lerni stability of its operatioiib. Solicitors are eurrently reviewii)g the colltraet before signature. The ARCH Company, which holdq the lease, recognises the significant community impact of Fitzroy L(Idge- particularly ils valued partnerships and ils ongoing commitsncnt to supporting young pcoplc. Doc ID.. e456edg59b2f543e4dd673goad2ee904e99dbf20
Fitzroy Lodge ABC (A Company Limited by Guarantee) Trustees, Report (continued) Year ended 30th April 2025 In preparing this report, the Trustees have taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006. Approed by order of the members of the board of Trustees and signed on their behalf by.. G Turncr Trustee 10th Novcmbcr 2025 Doc ID.. e456edg59b2f543e4dd673goad2ee904e99dbf20
Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trustees FITZROY LODGE ABC On accounts for the year ended 30th April 2025 Charity no (if any) 10959522 Set out on pages 8-14 I report to the trustees on my examination of the accounts of the above charity I'the Trust-l for the year ended 30 104 12025. Responsibilities and basis of report As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act"). 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 all the applicable Directions given by the Charity Commission under section 145(5)Ibl of the Act. Independent I have completed my examination. I confirm that no material matters have examinerfs statement come lo my attention in connection with the examination (other than that disclosed below '} which gives me cause to 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 requiremenls concerning the form and content of accounls set oul in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair, view which is not a matter considered as part of an independent examination. I have no concems and have come across no olher matters in conneclion with the examinalion to which altention should be drawn in this report in order to enable a proper understanding of the accounls to be reached. Slgned: Date: 1011112025 Name: DOUGLAS COSBERT Relevant professional qualification{s) or body (if any)- FCCA. FFA Address: CANALITIX ACCOUNTANTS 7 Bell Yard, London, WC2A 2JR IER Oct 2018
Section B Disclosure Only complete if the examiner needs lo highlighl material matters of concern (see CC32, Independent examination of charity accounts.. directions and guidan for examiners). Give here brief details of any items that the examiner wishes to disclose. IER Oct 2018
Fitzroy Lodge ABC (A Company Limited by Guarantee) Statement of Financial Activities incorporating Ineome and Expenditure Account Year ended 30th April 2025 Unrestridcd Rcstricted Total funds 2025 Total funds 2024 fuDds 2025 2025 Notes INCOME FROM: Donations Charitable activities Other Iradiiig activities TOTAL INCOME 25045 38989 94236 119281 38989 36763 39006 64034 94236 158270 75769 EXPENDITURE ON: Raising funds c.haritable Activities 2622 44519 2622 44519 2045 53687 TOTAL EXPENDITURE NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS: Total funds brought fonvard Nct movcmcnt in fui)ds 47141 16893 47141 55732 942.36 127757 127757 107720 16893 94236 111129 20037 TOTAL FUNDS CARIUED FORWARD 14465U 94236 2382186 127757 Unless sp¢cified in the not¢s, all income and expenditure r¢lat¢s to unrestri¢ted funds The notes form part of these financial statements Doo ID.. 9456edg59b2f543e4dd673goad2ee904e99dbf20
Fitzroy Lodge ABC (A Company Limited by Guarantee) Balance Sheet As at 30th April 2025 2025 2024 Notes Tangible fixed assets: 1949 1223 cUent assets Bank balance Creditors - ainounls falling due within one year.. Net current assets: 238139 127586 1202 1052 236937 126534 Nel assets 238886 127757 Charity funds Restricted funds Unrcstrictcd fund5 94236 144650 238886 127757 127757 The Charity was entitled to exemption from audit under section 477 of the Companies Act 2006. The memb¢rs have not required the company to obtain an audit for th¢ y¢ar in question in accordance ivith section 476 of Coinpanies Act 2006. Thc Trustccs acknowlcdgc thcir rcsponsibilitics for complying with the rcquircmcnts of thc Act with rcspcct to thc accounting rccords and prcparation of financial statements. The financial statements have been prepared in accordance willi the provisions appliLuble lo entities subject lo the small companies regime. The financial statements were approved and authorised for issue by the Trustees and signcd on thcir bchalf by G Turner Trustee 10th Novcmbcr 2025 The notes forni part of these financial statements io Doo ID.. 9456edg59b2f543e4dd673goad2ee904e99dbf20
Fitzroy Lodge ABC (A Company Limited by Guarantee) Notes to The Financial Statements Year ended 30th April 2025 I. ACCOUNTING POLICIES 1.1 Basis of preparation of financial statements The financial statements have been prepared in accordance with Accounting and Reporting by Charities Staternent ot Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Rq)ublic of Ireland (FRS 102) (effective l Jaiiuary 2019) (Charities SORP (FRS 102,)) the Financial Reporting Standard applicable in the UK and Republi¢ of Ireland (FRS 103) and Ihe Companies Act 2006. Fitzroy Lodge ABC meets the defLnition of a public benefits entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless oilienvise stated in the relevant accounting policy. 1.2 Company status The Charity is a company limited by guarnntee. The members of the charity are the Trustees named on page l. In the event of the Charity being would Upy the liability in respect of the guarantee is limited to £1 per member of tbe Charity. IJ Fund accounting Gcncral funds arc uThrcstrictcd funds which arc availablc to usc at Ihc discrction of thc Trustccs in furthcrancc of thc gcncral objcctivcs of thc Charity and which havc not been designated for other purposes. 1.4 Income All income iq recognised once the Charity is entitled to the income, it is probable that the income will be received and the amount of the income can be measured rcliably. Grants are included in the Statement of Financial Activities on a receivable basis. Donated services or facilities are recognised when the Charity has control over the itm, and conditions associat¢d with th¢ donated iiem hav¢ been met, the r¢c¢ipt of economic benefit from the use of the Charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102,) thc gcncral voluntccr timc is not rccogniscd. Doo ID.. 9456edg59b2f543e4dd673goad2ee904e99dbf20
Fitzroy Lod2e ABC (A Company Limited by Guarantee) Notes to The Financial Statements Year ended 30th April 2025 I. ACCOUNTING POLICIES {continued) Membership subscriptionq received in the nature of a gift are recogniqed in donations. Trading income represents income received frorn classes and tacilities hire. 1.5 Expenditure Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economi¢ benefit will be required in settlement dnd the dinount of the ubli¥ation Cdn be medsurcd reliably. The Charity is not VAT regstered and its expenses are therefore inclusive of V AT which cannot bc rccovcrcd. 1.6 Tangible red asset5 and depreciation Tangible fixed assets are initially recolsed at cost. After recogn]ition undeT the cost model. tangible fixed assets are measured at cost less accumulated depreciation and any a¢cumulated impainnent losses. Depreciation is charged so a.q to allocate the cost of tangble fixed a.qsets 0er their cstimatcd uscful livcs on a straight linc basis at thc following annual ratcs.. 250/ Vehicle 20 % Equipment 1.7 Corporation ta% Due to the charitable nature of the activities undertaken the Charity's SUTpluses are not subjcct to corporation tax. 12 Doo ID.. 9456edg59b2f543e4dd673goad2ee904e99dbf20
Fitzroy Lod2e ABC (A Company Limited by Guarantee) Notes to The Financial Statements 2. INCOME FROM DONATIONS Unrestrleied ReslrlelLMI Total funds 2025 Total lllhds 2D25 2025 2024 Donations & grants received 25045 94236 119281 36763 Total 2024 36763 36763 3. INCOME FROM CHAIUTABLE ACTIVITIES Unrestricted funds 2025 Total funds 2025 Total funds 2024 Subscriptions 38989 38989 39006 Total 2024 39006 39006 4. INCOME FROM OTHER TIL4DING ACTIVITIES Unrestricted funds 2025 Total funds 2025 Total fi]nds 2024 Classes Facilitics hirc 13 Doo ID.. 9456edg59b2f543e4dd673goad2ee904e99dbf20
Fitzroy Lod2e ABC (A Company Limited by Guarantee) Notes to The Financial Statements Year ended 30th April 2025 5. EXPENDITURE ON RAISING FUNDS Fundraising trading expenses Unrestrieted funds 2025 Total funds 2025 Total funds 2024 Legal & profesqional InfortIon technology 2622 2622 2622 2622 2045 2045 Total 2024 2045 2045 6. EXPENDITURE ON CIL4RITABLE ACTIVITIES Unrestricted Total Total funds 2025 funds 2025 funds 2024 Boxing club trading expenses Direct trading expenditure Establishment Other trading expenditure Depreeiatioii of taii¥ible fixed assets 25409 13149 4522 1439 44519 25409 13149 4522 1439 44519 32638 16955 2805 1289 53687 Total 2024 53687 53687 14 Doo ID.. 9456edg59b2f543e4dd673goad2ee904e99dbf20
Fitzroy Lodge ABC (A Company Limited by Guarantee) Notes to The Financial Statements Year ended 30th April 2025 7. TALYGIBLE FIXED ASSETS Cost At 1st May 2024 Additions At 30th April 2025 Depreciation At 1st May 2024 Charge AI 30th April 2025 Net book value: Vehicle Equipment Total iooo 7434 2165 9599 8434 2165 10599 1000 999 6212 1439 7651 7211 1439 8650 999 At 30th April 2025 At 30th April 2024 1948 1949 1•23 1•22 8. CREDITORS -AMOUNTS FALL1Tr4G DUE WITHIN ONE YEAR Accruals 2025 2024 1202 1052 9. STATEMENT OF FUTr4DS Unrestricted funds General funds At 1st May 2024 Income Expenditure At 30th April 2025 127757 107720 64034 -47141 144650 75769 -55732 127757 Restrieted funds Inconie Expenditure At 30th April 2025 94236 94236 10. AIYALYSIS OF NET ASSETS BETWEEN FUNDS Unrestricted funds Tangible fixed Assets Nel Current Assets 1948 2.36937 238885 1223 126534 127757 15 Doo ID.. 9456edg59b2f543e4dd673goad2ee904e99dbf20