Annual Financial Report South Cheshire Amateur Boxing Club For the period ended March 31st 2024 SOUTH CHESHIRE Aac A"&¢, hs, Mark Appleton - Club Treasurer -ri Cl 27 January 2025
T R•port for Scxth Choshire Amateur Boxlry Club South Chéshire Amateur Boxing Club are a Charitable Incorporated Organisation ICIOI. registration number 1202938. Our club is currently based at the Chutf Chuff Warehouse, Mdiilewich Street, Crewe, CW14EA and our COfrespondènc8 address is Rylstone Housè, Ropa Lane, Wislaston, Crewe, CW2 6EB The club was 6stablish8d in 2013 as a "not-for-profif. organisation and bècame a CIO on May 3rd 2023. We are run by a board of Trustees who manage the Charity and also members ol a wider dub committee who manage the day to day activities of the boxing club. Our trustees are currently recruited from members ol the club committee. Th8 dubs char1th0 obJ8cdves are: The promotion of community participation in healthy recreation in particular by the provision of facilities lor the sport of boxing. Trustees: There were no changes to the board of trustees during this perSod and they are.. Nathan Claa- Chairman Mark Appleton - Treasur8r Christian Morris Hayley Beavan Darren Stsnley We operate an amateur boxing club and 0118r a rang8 of boxing classes to all age groups but particularly junior boxers trom the age of 7 upwards. Our club continues to grow and thrive with many notable events and successes ihroughoui ihe period. We were awarded the Queens Award for Voluntary Service during 2022 and this work has carried through 2023. Our plans to re-locate to a new gym in partnership with Crewe Youth Club {Charity Number 11673501 have progressed very significantly during 2023 and we hop8 to be able to move into the new building during the Spring of 2025. This is a terrific opportunity lor our club to grow and widen our activities into broader youth work with bjxing as a gateway lo many other opportunities lor the young p80ple of Crewe. As ever, thanks go out to those who have supported the club ov8r the years and your help is ahvays valued.
Financial Activitles INCOME Donations and18gacies Hir¢ of Gym Salgs ol Product Income Show Sponsorship Totd lThxJmg TOTAL 5,566.21 2,880.00 16,259.42 300.00 25.005.83 25.(M)5.63 EXPENDI IIJALS AdvertisingPromotional Bank charges Clothing Coaches Expenses Coaching Computer Costs England 8oxing Subscriptions Equipment rental Gym Cleaning Insurances Other Miscellaneous s8ce Cost Phone Costs Aenl or Lease of Buildings Show Exwnses Training Travel Travèl aThJ Accommodation Venue Hir8 157.22 16.20 ¥39.40 1.361.79 1.320.00 2,114.52 908.00 1.518.00 920.00 558.00 664.75 50.00 5,375.00 1.159.00 50.00 358.00 968.92 1,052.00 18,10 6.214.83 £6.21483 NET INCOK1& &XPEtrID'TIIFIEj
Balance Sheet FIXED AJSET TarnJit40 ag80ts Boxing Equipment Depreciation Original cost TO Boxlng Equmant Mathinery and equipmenl Original cost Totd Mathln8ry and equl1xnI Total Tarylble a888ts Total FW Assot 'AoH A I IIANIK A.'ID IN HAND Busin8SS Trtal Cash at bar arKI In hand 0=3T.3Rb 3,464.32 -866.08 0.00 298.24 -3.712.50 3.960.00 247.50 2.845.74 2045.74 9,641.02 9,641.02 Dgbtors Total Dotrtor8 NE- CURlÉNII ASSETS NET CURRENT ASSETS ILIABILITIESI TOTAL ASSETS LESS CUFIRENT LIABILITIES 0.00 0.00 9.641.D2 9.641.02 12AW78 CREDITORS AMOUNTS FALLING DUE AFTER Iv10RE THAN ONE YEAR Loan - MA Loan - NC Totd Crodlior8: amounts lallng du• aftor moro than ong y -OTAL N&,, ASo&TS,'LIABILITILSI 800.00 700.00 1500.00 £10,98&76 CHAR',TY PI_INIDS Owning Balanc8 Equity Retained Earnings surplU{De1lcit) Totsl Charfty funds 6.776.46 -2,004.53 6,214.83 £10,976
Statement of Cash Flows OPERATING ACTIVITIES Nel Income 6,214.83 Adjustmènts to rewnGile Nel Income lo Nel Cash provided by operations: Debtors Boxing Equipment'.Depreciation Total Muslm•nts to rocondle N8t Inc4xn&to Nat C•8h by (prnyons: 0.00 866.08 7,080.91 INVESTING ACTIVITIES Boxing Equipmenl Machinery and equlpment Nat ca8h pro1rfd1 by In¥wUr#J othlU88 NET CASH INCREASE FOR PERIOO Cash at beginning ol period CASH AI ENO OF PERIOD -866.08 0.00 6,214A8 3.426.19 £9041.02
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent ExamSner's Report Report to the trustees South Cheshire Arnaleur Boxing Club On accounts for th• y•ar ended 31" March 2024 Charlty no Ilf any) 1202938 Set out on pages 3105 I report lo the Iru51ees on my examination of the acwunls of the above charity I"Ihe Trust'l for the year ended 3110312024. Responslbllltles and ba$ls of report As the charity's Iru5tees, you are responsiblè lor Ihe preparation of the accounts in accordance with the requirements of the Charities Act 2011 {"Ihe Act.). I rep¢)rt in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, have followed all the 8pplicable Directions glven by the Charity Commisgon under sects'on 145{5llbl of the Act. Independent I have completed my examination. I confirm that no material matters have examiner's statement come lo my attents'on in connection wrth the examination which gives me cause to believe that in, any material respect. the accounting rectrrds were not kept in accordance wrth seth.on 130 of the Char.eS Act., or the accounts did not accord with the accounting records,. OT the accounts did not comply with the applicable requirements concerning the form and conlenl of accounts sel out in the Charities IA¢¢ounls and Reportsl Regulations 2008 other than any requirement th8t the 8¢counls give a 'lrue and fair. view which 15 not a matter considered as part of an independent examinalien. I have no Concerns and have ¢ome across no other matters in connection wf(h the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reaehed. Signed- Date.. Name". Maik Thomas Relevant profes$lonal Assoaation of Accounting Teehniuans quallflcatlonlsl or body Ilf anyl.. Address: Solenl House, 107a Ama Road Soulhampton, S014 6UY