Redhill Amateur Boxing Club 1197111
Redhill Amateur Boxing Club
TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[st ] December 2024
Structure, governance and management
Trustees
Rev Karen Acres
Christopher Bottle
Paul Acres
Tony Cesay
Steven Willis Ross Minter
Alexander Moore
Charity registered number 1197111
1[st ] Floor Warwick Quadrant
7 Station Road
Redhill
Surrey
RH1 1NT
Bankers Metro Bank
Constitution
The Redhill Amateur Boxing Club constitution was approved by the initial Trustees on the 13[th ] December 2021.
Objectives and activities
The promotion of community participation in healthy recreation in particular by the provision of facilities and opportunities to participate in the sport of amateur boxing. Offering boxing training to the community and to encourage the young to get off the streets and into the gym. Also offering a space for those with disabilities to come and train.
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Redhill Amateur Boxing Club 1197111
Achievements and performance
The club has increased its membership to around 150 members in this period. We have therefore been able to get our juniors, youth and seniors out to bouts during the last few years with a lot of success. All our coaches are volunteers and they give their time to train and coach the children attending in basic boxing knowledge and with increasing their overall fitness.
We have also funded a coach to attend a local school and teach boxing as a club there.
We have also been running a few new projects including a class for displaced people which is proving successful.
Financial review
Grants have been received through this year to the value of just under 22k which is considerably higher than the previous year. Revenue has also increased from last year.
Additional funds have been spent on boxing equipment this year.
Reference and administrative details
All coaching staff are volunteers we do pay expenses for Omnibus Boxing for travel as the main coach travels from East London each week and also coaches in a local school that we fund.
Exemptions from disclosure
None
Funds held as custodian trustees on behalf of others.
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Executive Summary
Redhill Amateur Boxing Club For the year ended 31 December 2024
| Keyindicator | 2024 |
|---|---|
| Cash | |
| Cash received | 49,396.17 |
| Cash spent | 44,644.58 |
| Cash surplus (Deficit) | 5.201.56 |
| Closing bank balance | 10,984.98 |
| Profitability | |
| Income | 49,396.17 |
| Direct costs | 0.00 |
| Gross profit (loss) | 49,396.17 |
| Other income | 0.00 |
| Expenses | 37,640.06 |
| Profit (loss) | 11,756.11 |
| Balance Sheet | |
| Debtors | 0.00 |
| Creditors | 5,714.91 |
| Net assets | 5,270.07 |
| Sales | |
| Number of invoices issued | 4 |
| Average value of invoices | 832.50 |
| Performance | |
| Gross profit margin (%) | 100.00 |
| Net profit margin (%) | 23.80 |
| Return on investment (p.a.) (%) | 223.07 |
|---|---|
| Position | |
| Average debtor days | 0.00 |
| Average creditor days | 0.00 |
| Short term cash forecast | (5,714.91) |
| Current assets to liabilities | 1.92 |
| Term assets to liabilities | 0.00 |
| Receipts and Payments | |
| Redhill Amateur Boxing Club | |
| For the year ended 31 December 2024 | |
| Account | 2024 |
| Turnover | |
| Grants | 26,100.00 |
| Income | 23,296.17 |
| Total Receipts | 49,396.17 |
| Gross Receipts | 49,396.17 |
| Administrative Costs | |
| Advertising & Marketing | |
| Audit & Accountancy fees | 200.00 |
| Boxing Equipment | 3,198.39 |
| Boxing Services | 5,960.20 |
| Cleaning | 475.16 |
|---|---|
| Insurance | 1,607.45 |
| Legal Expenses | 2,443.20 |
| Light, Power, Heating | 3,192.47 |
| Postage, Freight & Courier | 8.35 |
| Printing & Stationery | 171.68 |
| Rates | 638.42 |
| Rent | 15,324.24 |
| Repairs & Maintenance | 2,458.98 |
| Staff Training | 579.04 |
| Motor Vehicle Expenses | 60.52 |
| Supplies for competitions and trav | 612.60 |
| Telephone & Internet | 709.36 |
| Total Administrative Costs | 37,640.06 |
| Net After Taxation | 11,756.11 |
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the trustees Charity NREDHILL AMATEUR BOXING CLUBame On accounts for the year 31/12/2024 Charity no 1197111 ended (if any) Set out on pages 1-3 (remember to include the page numbers of additional sheets) I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended DD / MM / YYYY . Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report 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)(b) of the Act.
Independent [The charity’s gross income exceeded £250,000 and I am qualified to examiner's statement undertake the examination by being a qualified member of [insert name of applicable listed body]]. Delete [ ] if not applicable.
I have completed my examination. I confirm that no material matters have come to 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
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the accounts did not accord with the accounting records; or
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the accounts did not comply with the applicable requirements concerning the form and content of accounts set out 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 concerns and have come across no other matters in connection with the examination to 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: Name: Relevant professional qualification(s) or body |
Date: | 17/10/2025 |
|---|---|---|
| B R Pusser | ||
| ICPA BRP 010 |
Oct 2018
1
IER
(if any):
Address: 24 Downsview Chatham ME5 0AP
Section B Disclosure
Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
Give here brief details of any items that the examiner wishes to disclose .
Oct 2018
2
IER