## **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**
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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||
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– 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