THE PEDRO CLUB
REPORT AND AccouKrs
FOR THE YEAR ENDED 31 MARCH 2025
REGISTERED CHARITY NUMBER 1195783
LONDON ACCOUNTANCY PRACTICE
SOJOURNER TRUTH CENTRE
161 SUMNER ROAD
LONDON SE15 6JL

CONTENTS
PAGE
11 Legal and Administrative Details
2) Trustees, Report
3) Independent Examiners. Report
41 Statement of Financial Activities
51 Balance Sheet
3-9
10
11
12
6) Note to the Accounts
7) Detailed Income and Expenditure Report
1&14
15

REFERENCE AND ADMINISTRATIVE INFORMATION OF THE CHARITY, ITS
TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2025
TRUSTEES
1. Derek Williams Ichairl
2. Diane Fenton
3. Mark Clarke
4. Bruce Baker
5. James Cook MBE
6. lan Whiteley
7. Trevor Dubery {Appointed 12 March 20241
8. Vivienne Connoll- Hall
1. Charty Rogistered Number
2. Date of charitable registration
3. Principal Off ice
1195783
10 September 2021
175 Rushmore Road London E5 OHD
4. Secretary
Maralyn Gordon
5. Bankers
Nat West Bank PIC
6. Independent examiner
Ade Adebambo, MBA. ACMA. CGMA.

TRUSTEES, REPORT
FOR THE YEAR ENDED 31 MARCH 2025
.The Board of the Trustees, who are the trustees for charity law pUry￿s0$, submit their
annual roport and the financial statement of the Pedro Club tor the year ended 31. March
2025. The Board of Trustees confirm that the annual report and financial statement of the
charity comply with current statutory requirements, the requirements of the charity's
governing document and the provisions of the Statement of Recommended Practice ISORPI
Accounting and Reporting by Charitses.
Slruclure, Governance and Management
The 8 Trustees are:
Derek Williams (chairl
Diane Fenton
Mark Clarka
Bruce Baker
James Cook MBE
lan Whiteley
Trevor Duberry (Appointed 12 March 2024
Vivienne Connell- Hall
The trustees play a primary role in ensuring good govemance and management of the
charity.
The charity relies heavily on its volunteers. Volunteers are integral to the success of the
chartty and over the year there has been several indrviduals dedicating years and years of
their free time to ensure continuation of all the charity's activilies and contributing to the
charity's growth.
In the February 2022, the charity obtained administrative support. This support a worker has
been appointed interim CEO from 1, April 2023. The role has been financed by Hackney
Council for the financial period. The CEO is responsible for the day-to-day management of
the charity and overseeing the complete returbishment and regeneration of the Club.
Recruitment and appointment of Iruslees..
New trustees are appoirbted by Se￿Ing TrLJStees. Their recruitment and appointment are fully
discussed al the meeting of the Truslees, Board. During the year. the Trustees have, with
support of Chair, undergone a skills review audit lo prepare for recruitment of new trustees.
An individual induction program is in place and implemented for each new Trustee, covering
all relevant aspects of the role and the charity. T￿Stee$ seek to ensure that all activities are
within its agreed charitable objectives. The role of the Trustees includes setting stralegic
direction. agreeing ihe linancial plan, approving grant-making application and monitoring
grant activities. Matters reseNed for the trustees are approved by the Trustees and are
subject to annual review.
Risk Management..
The Trustees are committed to a policy of identifying. monitoring and managing the risks that
might adversely aflect the activities in which they are involved. In this context, the risk is
defined as potential to lail to achieve charty objectives and lor loss. financial and
reputational, inherent in the environmenl in vthich they operate in the nature of the
transactions undertaken.

TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The trustees have continued to monitor major strategic. business and operational risk facing
the charity. Systems are in the place to assess the risks monthly reports lo the Chair
Trustees of Board enabling them to take steps to lessen the rtsks. Policies are in the place
procedures observed in respect of the health and salety of staff, volunteers, and customers
at the premises
Reserve Policy".
The Charity Commission requires charities to detemiine and explain their policy for free re-
serves. The trustees have reviewed its free reserves policy and have turned its entire unre-
stricted fund inlo an emergency reserve. lo meet its obligation for a period of 3 months in the
event of a shortfall in income or sudden upturn in expenditiJre.
Public Benefit:
The trustees are of opinion that they have complied wtth the duty in seclion 4 of the Charities
Act 2011 with regard to public benefit guidance published by the Charity Commission.
Objecllves and Activities:
The objectives of the CIO are..
lal lo advance in life and help young people liwng in London Borough of Hackney and
surrounding areas I'the Area of benefit"} through {il the provision of recreational and leisure-
time activities in the inlerest of social welfare designed to improve their conditions ol lif8 and
lill provision ol support, advice and activity which develop their skills, capacities . capabilities
to enable them to participate in S(￿lety as mature and responsible individuals., and (b} lo
benefit the residenls of the of the area of benefit by associating together the said residents.
the local authorities. voluntary and other organisations in common effort to advance
education and to provide facilities in the interests ol social welfare for recreation and leisure-
time occupation with the objecttve of improving the condition of the lrfe of the said residents.
Achievements and performance:
Our Mission is to support young people and their families to fulfil their potential Ihrough
activities and seNices based in our community centre in Hackney. We provide our
community with activities and seNices relating to health and well-being, employment skills
education support, sc￿la1. culture and mentoring ¢)pportunities and a rich program of sports.
The warm hub space has been replaced by a community hub, which despite the lack of
funding has continued to provide a wam safe space for the elderly community combating
loneliness and isolation. Too sweet. a local Caribbean restaurant conlinues to donale soup
evory Monday and the elderly also receive other refreshments including tea and coftee.
Plan for Future Developments:
The charity will continue to deliver community activities that benefit the disadvantaged,
eldeily and children. The focus wll be holding as many fundraising activities as possible in
order to match fund for the Refurbishment project. The board is in the pr(￿esS of recruiting
new Trustees and volunteers with the relevant skills in financial management. project
management, safeguarding and marketing communicalions.

Financial review:
The Charity made a surplus of £7.710 in the financial year (2024:£14,6561. Restricted
lunding of £21,656 was carried forward into Ihe New Year. The total income this year was
£124,778 compared with £117,468 last year. The tolal reserve funds al the end of the year
ar8 £49,381 including restricted lunds of £28,764.
The charity earned revenue from room hire and subscription payments for membership to
the boxing club. Granls were received from Hackney Council, Mazars Charitable Trust,
Dennis Johns, Fannon Limited. Parsons Brodrick, Mr. Parsons. Ingeus UK Limited, Ringo
and LEAF Federation. The charity continues to receive funding from Sir James Reckitt
Charity which covers the annual ongoing costs.
Statement of 8oard Trustees. responsibilities:
The board of the Trustees are responsible for preparing Annual Report and Financial
Statements in accordan￿ with applicable law and United Kingdom generally Accepted
Accounting Practice.
Charity law applicable charities in England Males requires Board ol the Trustees lo prepare
financial statements for each financial year which gives a true and lair view of the stale ol
affairs of the Charity of the sU￿lUS or deficit of the Charity for that period. In preparing those
financial statements the Board the Trustees have:
Selected suitable accounting policies and applied them consistently,
Made judgement and estimates that are reasonable and prudent,
Stated whether applicable accounting standards have been followed, subject to any
material departures disclosed and explained in ihe financial slatements: and
Prepared the linancial statemenls on a going concern basis {unless il is inappropriate
to presume that the Charity will continue in opgralion).
The Board of the Trustees has overall responsibility for ensuring that the charity has an
appropriate system ol controls, financial and othe￿iSe. They are also responsible for
keeping proper accounting records disclose with reasonable accuracy al any time the
financial position of the charity and enable Ihem to ensure that the financial slalements
comply wilh the Charity Act 2011. They are also responsible for safeguarding the assets of
the Charity and hence for taking reasonable sleps tor detection and prevention of fraud and
other irregularities.
The Board of ihe Truslees is responsible for the maintenance and integrity of the corporate
and financial inlomiation. Legislation in the United Kingdom goveming the preparation and
dissemination of financial statements may dtffer from legislation in other jurisdictions.
Statement ol disclosure ol information to inde￿ndent examiner
We as the Trustees of the Charity who held office at the date ol approval ol these financial
statements as sel out on 8-9 and we each confirm , so far as are aware ,that:
There is no relevant information of which the charitys independent examiner are
unware" and we have
Taken all the steps that we oughl to have taken as Trustees in order to make
ourselves aware of any relevant information and to establish that Charity's
independent examiner is aware of that information.

WATIVJli
The Pedro Club
Annual Report on Activlties for the Year Ended 31 March 2025
Introduction
The Pedro Club has continued to deliver vital services and opportuntties to the
young people and wider community of Hackney throughout the year ending 31
March 2025. As one of London's oldest youth and community clubs, our mission
remains rooted in providing safe. positive spaces where young people can thrive,
develop discipline. and build resilience. while also extending support to families
and senior members of the communty.
This year has also been marked wtth sadness. as we moum the loss of our
outstsnding leader, James Cook MBE, who dedicated his lrfe to helping others.
His legacy lives on in the spirit and strength of The Pedro Club.
Main Activities in 2024125
Boxing Training - engaging young people in disciplined training. fithess, and
competition.
Mentoring & After-school Clubs- providing structured support and a¢ademic
assistance.
Wellbeing Sessions- supporting mental health. resilien￿, and confidence.
Community Events - strengthening local b.es and family involvement.
Black History Month Actimties - c*lebrating history. culture, and positive role
models.
Seated Exercise for Seniors- promoting health. mobility, and inclusion.

Highlights of the Year
The Pedro Boxing Show (May 2025) was an outstanding success.
showcasing young talent.
Progress continued the refvrbishment planning for the Club's facilities.
The 8icyde Hub and Warm Hub initiatives expanded healthy lifestyles and
community support.
Seated exercise programmes grew. providing indusion and wellbeing for
senior members.
Funding partnerships with Mazars. The Charitable Trust, 11:11 Management.
London Borough of Hackney, Jack Petchey Foundation, and Sir James
Reckitt's ongoing support.
Recognition and awards for the Club's enduring impact on the communty.
Participation & Reach
The Club works bwth over 13.800 people annualty. The boxing discipline.
Mentoring, and after-school programmes. Communty events and senior
initiatives further expanded our reach. ensuring that The Pedro Club continues to
serve as a multi-generational hub for the borough.
Financial Summary (Year Ended 31 March 2025)
The Club's finances remained stable, with continued support from trusts,
foundations, partner5, and individual donors.
. Total Unrestricted Funds, Grants & Other Income: £52.646
Restricted Income". £86,882
. Total Income: £139.528
Funding and donations were gratefully received from the following partners and
individuals-
Mazars
The Charitable Trust
11.'11 Management
London Borough of Hackney
Jack Petchey Foundation
Sir James Reckitt
Mr Parsons Brodrick

Ringo Limited
Ingeus UK
LEAP Federatron
Chris Barton
Dennis John5 Services
Fannon Limtted
Individual gifts and communty donations
Looking Ahead
The year ahead will see The Pedro Club build on its strong foundations by..
Advanang the refurt)ishment project to create improved faalities.
Expanding mentoring and wellbeing programmes to address growing needs
among young people.
Developing further partnerships and funding streams to secure long-tem)
sustainability.
Continuing to promote boxing and communty sports as tools for
empowerment. indusion, and resilien￿.
Acknowledgements
The Trustees and management of The Pedro Club extend their gratitude to all
funders, volunteers, staff. and community members whose dedication and
support have ensured another year of success.
Together. wè remain o)mmitted to building brighter futures for the young people
of Hackney.
Derek Williams,
Chairman, The Pedro Club

INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE PEDRO CLUB
ON THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025.
I report on the accounts of the Charrty for the year ended 31" March 2025, which are sel out
on pages 11 to 12.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's
trustees consider that an audit is not required for this year under section 144(21 of the
Charities Act 2011 (the 2011 A￿) and that an independent examination is needed.
It is my responsibility to".
examine the accounts under section 145 of the 2011 Act;
to follow the procedures lard dovm in the general Directions gwen by the Charity
Commission under section 14515)(bl of the 2011 Act,. and
to state whether particular matters have come to my attenlion.
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 ol 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 conceming 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 Vie￿ and the report is limited to those matters set out in the statement below.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have
come to my attention in connection with the examination which gives me
cause lo believe that in, any material respect-
accounting records were not kept in accordance with section 130 of
the Act or
the accounts do not accord with Ihe accounts.ng records.
I have no concerns and have come across no other matters in connectio
with the examination to which attention should be drawn in order lo enable a
proper understanding of the accounts to be reached.
Signed...
Dat8
Ade Adebambo, MBA, ACMA. CG
London Accountancy Practice
Sojourner Truth Centre
161 Sumner Road
London SE15 6JL
io

ThE PEDRO CLUB
STA TEMENT OF FINANCIAL ACNTIES
FOR ThE YEAR ENDED 31 MARCH 2025
INCOMING RESOURCES
Uiwestrietsd Restricted
Fund
Fund
2025
2024
Totsl
Dorats￿ aTrY &arts
CIIEr Income
Totsl Incoming Resowees
1202
2.444
e6,882
137,(194
2.444
117.468
9.9)5
126 973
Re$ource Expenthd
rect chall1a￿ ex[￿*￿e
Gfftrronce Costs
Totsl Resources experthl
.543
79,774
130,317
1.500
131817
111.317
1.tK)O
112317
In Iclal I￿j f￿ Net
le¥ervthkwel lor ￿ yeai
F￿j ba￿￿e br(wtrl f￿[d
F￿1 ba&rKe camed f¢JYdtd
7,107
21.656
7.710
42.121
14.6S8
27.465
20.465
li

THÉ PEDRO CLUB
8ALAMCE SHEET AS AT 31 MARCH 2025
2f12S
2024
CURRENT ASSETS
Cash at 8ThJ kn 8￿{
93.772
93.T12
43.121
43.121
CREDITORS:
Amountj faHlng du• withln on• y••r
NET CURRENT ASSETS
43.941
1.000
49.837
42.121
NET ASSETS
49031
CHARIIY FUNDS
UniesiiidedfwK15
Resknded FwKts
21.(
28.783
20.465
TOTAL FUNDS
49,851
This report was awyoved by the Tnjstees on ltr...SeA.. IKt.2025 and signed on their be-
half by
Derek Imlliams {Chair}:
12

THE PEDRO CLUB
NOTES TO THE ACCOUNTS
YEAR ENDED 31 MARCH 2025
ACCOUNTING POLICIES
ACCOUNTING POLICIES
1.1 Basis of preparation of Financial Statements
The financial statements are prepared under the historic cost convention and
include the results of the company's operations which are described in the
Board of trustees, Report and all of which are continuing.
The accounts have been prepared in accordance with the Statements of Rec-
ommended practi￿ for company accounts.
The company has taken advantage of the exemption of Financial Reporting
Standard No 1 from the requirements to produce a cash flow statement on the
grounds that it qualifies as a small company.
1.2 Incoming Resources
1.2.1 Revenue grants are credited to the Statement of Financial Activities on the
earlier date of when they are received or when they are receivable, unless
they relate to a specrfic fulure period, in which case they are included on the
Balance Sheet as deferred income to be recognised in the future accounting
period.
1.2.2 Grants received for specific Purposes are accounted for as restricted funds in
the Statement of Financial Activtties.
1.3 Restricted Funds
Restricted funds are to be used for specrfic purposes as laid down by the do-
nor. Expenditure which meets these criteria is identified to the fund, together
with a fair allocation of management and support costs.
1.4 Unrestricted Funds
Unrestricted funds are donations and other incomes received or generated for
the objects of the organisation without further specified purpose and are
available for general funds.
1.5 Designated Funds
Designated funds are unrestricted funds eamiarked by the board of trustees
for particular purposes.
Resources Expended
All expenditure is accounted for gross and when incurred. Direct charitable
expenditure includes the direct costs of the actrvities and depreciation on related
assets. Managefflent and administration comprise those costs relating to the Charity's
central management and administration as opposed to its charitable acttvities.
13

1.7 Tangible Fixed Assets
All expenditure that related to equipment has been charged to Statement of
Financial Activities in the year of acquisition.
2. A register of assets is maintained.
3. CREDITORS
2026
2024
Electnc
Bookkeeper
CEO Salary
Repairs aTrJ rrn91rt￿￿r
Accowtsncy fees
4,288
2.653
43.941
1.000
14

TrE PEDRO CLUB
DETA￿E0 INCOIE ANO EXPÉNOITIJRE ACCCXJNT
FOR nE YEAR ENOEO 31 IAIRCH 202$
INCOIANG RESOURCES
2026
2024
Maza15 To
F¢x¥lltJ FWKVI
Itb 29)
1£)
16 29)
146
K* Par5￿6 8rththck
13¢
13.L
12 (XX>
Jack Pwctsy F(#nl
LB Hackr
Ljniknj
121
io.(
55 518
131XKI
$5 518
13(
103.1
LEAP Federabr
s8art
io
10
Lmted
&fts
BoxrtwJ E
3.187
6670
6670
489_
14750
5210
2870
TÈXal Lts
14760
1J9.628
126Jn
Stall costs
Rern rate 8
25.857
51.C
T6.857
51.LXXI
Repair5 & UasNÉThr
Legal pr￿e￿￿th$
Lityl & Heabrrfj
Vel*c* ar¥J Tra￿&
15T3
3313
1.$73
3.313
3.7T4
1627
2916
61
8.939
3774
Trairsr
C*arY
Wal
246
245
445
272
18
445
212
14>)
7X)3
C(Xftsry lee
423
423
16.
79.774
131.817
10.317
15