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 O￿lee. 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 Ch￿ilY 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