## **Wythenshawe Black Belt Academy CIO (Foundation) Charity number 1202502** 

## **Annual Report 2024** 

Trustees: Edward Bates  Chair Savannah Lee Trustee Sabiha Nazir Trustee Paula Pestell Trustee 

The charity has now completed its first full year of operation. Our charitable objective remains the promotion of community participation in healthy recreation, in particular by the provision of facilities for playing and taking part in martial arts. To advance the education of the public in martial arts by the provision of training, examination and awards. 

The aims and activities of the charity remain in that we offer training in several martial  arts to students whilst maintaining our ethos of responsibility, personal confidence and community  spirit. 

The Charities Commission gave permission for winding down and a transfer of assets from the Trust to the CIO in July 2024 and this was completed November 2024. The Trust was subsequently closed, with the formal request submitted to the Charities omission in December 2024. 

The CIO is made up of four Trustees, six regular volunteers who helped with membership and subscription administration along with day-to-day facilities management and thirteen volunteers who assisted in training and instruction of classes. 

The charity continued to meet  requested rent and utilities obligations throughout 2024. We have had limited success in funding applications. The charity has been able to absorb many of the increased costs  e.g. energy price increases and inflation.= but have had to increase subscriptions. 

Due to administrative issues opening a new bank account for the CIO, and delays in transferring assets from the former Trust, there were minimal income or expenditure transactions through the CIO accounts for 2024. 

2[nd] January 2025 



## **Wythenshawe Black Belt Academy** 

## **Income and Expenditure Account for the year ended 31 Dec 2024** 

## **Income & Expenditure Account** 

|**ncome & Expenditure Account**|||||
|---|---|---|---|---|
||**£**||**£**||
|**Income**|||||
|Funding||£ -|||
|Tuck||£ -|||
|Subs - holiday club||£ -|||
|Other|£|2,753.77|||
|Covid-19||£ -|||
|Hire<br>||£ -|||
|Subs - other|£|2,955.01||**£ 5,708.78**|
|**less Expenditure**|||||
|Sundries||£ -|||
|Event expenses||£ -|||
|Rent & Utilities||£ 750.00|||
|Utilities||£ -|||
|Business rates||£ -|||
|Retainer|£|2,275.00|||
|Insurance & DBS||£ -|||
|Equipment||£ -|||
|Training||£ -|||
|Repairs||£ -|||
|Tuck<br>||£ -|||
|Merchandise||£ -|||
|Other<br>||£ -||**£ 3,025.00**|
|**Surplus/(Deficit)**||||**£ 2,683.78**|