Trustees’ Annual Report for the period
From Period start date 14[th] November 2023 Period end date 30[th] June 2024
Charity name: Positive Vibes Boxing Academy
Charity registration number: 1205695
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The promoton of community partcipaton in healthy recreaton for the benefts of the inhabitants of Pontarddulais, the County of Swansea and surrounding areas by the provision of facilites for amateur boxing. |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
Actvites in relaton to the purposes for the public beneft, in partcular, the actvites, projects or services identfed in the accounts had not commenced during this fnancial period. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The main actvites to further the charity’s purposes for the public beneft is to invest in suitable equipment to carry out the main purposes set out in its consttuton. The trustees can confrm they have had regard to the guidance issued by the Charity Commission onpublic beneft. |
Additional information (optional) You may choose to include further statements where relevant about:
SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers
Other
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | During this fnancial period the foundaton of Positve Vibes Boxing Academy contnues its establishment as a CIO. The charity raised funding via sponsorship and charitable donatons. There were no actve charitable work during this period that would have benefted our benefciaries or society as a whole. The main achievements of the charity was networking with funders and sponsors to set the foundaton of Positve Vibes Boxing Academy. Positve Vibes Boxing Academy was able to invest in suitable equipment and training during this period. |
Additional information (optional)
You may choose to include further statements where relevant about:
Achievements against objectives set |
Para 1.41 |
|
|---|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | |
| Investment performance against objectives |
Para 1.41 | |
| Other |
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | Positve Vibes Boxing Academy’s fnancial positon at the end of the period is in credit. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | Reserves are held for premises rental costs for longevity and sustainability of the charity. |
| Amount of reserves held | Para 1.22 | £2100 |
| Reasons for holding zero reserves |
Para 1.22 | Not applicable |
| Details of fund materially in deficit |
Para 1.24 | Not applicable |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | Not applicable |
Additional information (optional)
You may choose to include further statements where relevant about:
The charity’s principal sources of funds (including any fundraising) |
Para 1.47 |
|
|---|---|---|
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | |
| A description of the principal risks facing the charity |
Para 1.46 | |
| Other |
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | Charitable Incorporated Organisaton |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Apart from the frst charity trustees, every trustee must be appointed for a term of four years by a resoluton passed at a properly convened meetng of the charity trustees. In selectng individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the efectve administraton of the CIO. |
| Additional information (optional) You may choose to include further statements where relevant about: |
Additional information (optional) You may choose to include further statements where relevant about: |
Additional information (optional) You may choose to include further statements where relevant about: |
|---|---|---|
| Policies and procedures adopted for the induction and training of trustees |
Para 1.51 | |
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | |
| Relationship with any related parties |
Para 1.51 | |
| Other |
Reference and Administrative details
| Charity name | Positive Vibes Boxing Academy |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1205695 |
| Charity’s principal address | 148 Squirrel Walk, Fforest, |
Pontarddulais, Swansea, SA4 OUJ
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Allyn Wood | 14thNovember 2023 | |||
| Rachael Wood | 14thNovember 2023 | |||
| Jacqueline Gower | 14thNovember 2023 | |||
| Dean Scott | 14thNovember 2023 | |||
| Jason Paul Carroll | 14thNovember 2023 | |||
– Corporate trustees names of the directors at the date the report was approved Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
Type of Name Address adviser
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) A.Wood Full name(s) Allyn Wood
Position (eg Secretary, Chair Chair, etc)
Date
29.04.25