TRUSTEES, ANNUAL REpoKr New Addington Amateur Boxing Club Charity Number.. 1204852 Forthe Year Ended 31 March 2025 Contents 1. Reference and Adnlnlstratlve Details2 2. Structure &)vemance and Man 3. Rlsk Man ectlve8 and Actlvttle83 5. sblIC Benefit Statement4 6. Flnanc181 Revlew5 7. Plans for Future Perlods.6 8 Trustee Res nsibllftles Statement6 RECEivfs AND PAYMENTS ACCCMJNT7 STATEMENT OF ASSEfs AND UABILITIES8 1 . Reference and Administrative Details 11 Pacj:
Charity Name: New Addington Amateur Boxing Club Charity Number: 1204852 Princlpal Address: [Enter Addressj Trustees who served during the year: Zoe Graham- Chair Nickan Rajabi- Treasurer Louiza Graham - Secretary Bankers: Lloyds Bank Governing Document: Constitution adopted in December 2021. 2. Structure, Governance and Management The charity is constituted as an unincorporated association and is governed by its constitution. Trustees are elected at the Annual General Meeting by members of the club. Trustees serve in a voluntary capacity. New trustees are provided with an induction covering the governing document and their legal responsibilities. The trustees meet regularly throughout the year to oversee the activities and finances of the club. 3. Risk Management 21 Paa".
The trustees have considered the major risks to which the charity is exposed and have reviewed the systems and procedures in place to manage those risks. The main risks identified during the year include: the availability of suitable training premises financial sustainability of the club rnaintaiiiiiig sufficienl vuluiiteers and Loacliing support The trustees monitor these risks regularly and take appropriate steps to minimise their impact where possible. Following the loss of the Central Parade premises in January 2025, securing suitable premises has been identified as the charity's primary operational risk The trustees are actively working to secure a new venue in orderto resume training activities. 4. Objectives and Activities Charltable Objectives The object of the charity is.. To promote community participation in healthy recreation by providing facilities for amateur boxing and related physical activities. Activities During the Year During the year, the club: Delivered regular boxing training sessions for juniors and seniors 31Pag
Supported members participating in amateur competitions Maintained safe and accessible training facilities Promoted physical fitness, discipline and confidence Encouraged inclusion within the local community Impact of Premises Issue In January 2025, Croydon Council declined to renew the clubs rental agreement for the premises at Central Parade. As a result, regular training activities were suspended from that date while alternative premises were being sought. Despite this disruption, the trustees continued planning to resume activities as soon as suitable premises could be secured. 5. Public Benefit Statement The trustees confirm that they have complied with their duty under Section 17 of the Charities Act 2011 to have due regard to the Charity Commission's public benefit guidance. The club provides affordable access to structured boxing training, particularly benefiting young people in the local community. The activities promote physical health, mental wellbeing, discipline and social inclusion. 6. Financial Review 41Pag
Financial Position Total income for the year: £17,555 Total expenditure for the year.. £ 11,855 Surplus for the year.. £5,700 Income was derived from membership subscriptions, training fees and donations. No grants were received during the year. Expenditure related primarily to venue hire, equipment purchase, insurance, affiliation fees, coaching expenses, competition costs and building maintenance. Reserves Policy The trustees aim to maintain sufficient reserves to cover approximately three to six months of operating costs to ensure continuity of activities. At the year end, unrestricted reserves totalled £29,042 Less van asset: £6,750 Boxing Equipment., £5,050 Cash reserves: £17,242 The charity holds no restricted funds 7. Plans for Future Periods. 51Pag
In January 2025, Croydon Council refused to rent property at Central Parade to the club,. therefore, the club was not able to continue its activities since then. The club is in the process of obtaining new local and is in negotiations with Meridian School; however, these negotiations are very long, difficult and slow on the school's part. NAABC has agreed on a quote and scope for renovation work at the school to make it good for the purpose,. however, the school is very slow to make any constructive decision on the amount of rent and the terms of renting. This puts in jeopardy the possibility of resume club activity at least till August 2026. We are actively trying to secure this local and make all necessary work for this space to be suitable for a boxing club, and wish to resume club activity in the future. 8 Trustee Responsibilities Statement The trustees are responsible for preparing the Trustees, Annual Report and the financial slateineiits in £iLcoiddiiLe willi dppIiLdble law. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. The trustees declare that they have approved this report. Signed on behalf of the trustees.. Name: 2 Role: Signature.. Date: 31 /1 /2026 61Pag
RECEIPTS AND PAYMEWS ACCOUNT For the Year Ended 31 March 2025 Receipts Membership Subscriptions.......................................... £6,410 Donations....................... . £11,145 Total RecéiPIS... ... ..£17,555 Payments Venue Hire...............,.............................................. £ 2,bOO Equipment...............................................................£ 636 Affiliation Fees .£ 630 Insurance...................... .£ 268 Printing and Administration......................................... £ 152 Building maintenance. ..£ 509 Card charges ......................................................... Van expenses Van Purchased (Capital Item) .£ 95 .£ 215 ..£6,750 Total Payments.....................................-................ £11,855 Surplus for the Year..................................................£ 5.700 71Pag
STATEMENT OF ASSETS AND LIABILITIES As at 31 March 2025 Assets Bank Current Account.........................................,........£17,242 Van (at cost)............,................................................ £ 6,750 Boxing Equipment (at cost)..........................................£ 5,050 Total Assets: ...........................................................£29,042 Liabilities Vehicle tax:..................................................... £ 193 Total Liabilities: ..£ 193 Net Asset ...............................................................£28,849 Represented by: Unrestricted Funds...........,......................................... £28,849 Restricted Funds.. .............................................................£O 81Pagé
Notes to the Accounts l. Basis of Preparatior, The accounts have been prepared on a receipts and payments basis in accordance with the Charities Act 2011. 2. Trustee Remuneration and Expenses No trustee received remuneration during the yedr. No trustee expenses were reimbursed during the year. 3. Related Party Transactions There were no related party transactions during the year. Approved by the trustees on 3110112026. Signed.. 2 .Ctr_ Trustee 91Pag