Declaration 

Norwich City Amateur Boxing Club 

I approve the financial information set out on the accounts. I acknowledge my responsibility for the financial information and for providing Danny Moloney with all the information and explanations necessary for its compilation. 

Ms Katie Potts 

Norwich City ABC 


Signed 

Date 

## 28th July 2025 

I have prepared for your approval the accounts of Norwich City Amateur Boxing Club for the year ended 5th April 2025 from the entity's accounting records and from information and explanations you have provided. 

My work has been undertaken solely to prepare for your approval the accounts of Norwich City Amateur Boxing Club. To the fullest extent, I do not accept or assume responsibility to anyone other than NCB, for my work for these accounts. 

You have approved the accounts for the year and have acknowledged your responsibility for then and for providing all information and explanations necessary for the compilation. 

I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me, and I do not, therefore, express any opinion on the accounts. 

Mr Danny Moloney 

## Address 

Signed Date 



## **Contents** 

1. Executive Summary 

2. Profit and Loss 

3. Balance Sheet 

4. Aged Debtors 

5. Aged Creditors 

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## **Executive Summary** 

## Norwich City ABC 

Accounting Year 2024/25 

||**Accounting Year 2024/25**|
|---|---|
|**Profit and Loss**||
|Income|30,551|
|Profit / Loss|-11,450|
|Profit / Loss after tax, dividend or drawings|-11,450|
|Cumulative Profit / Loss|-21,367|
|**Balance Sheet**||
|Assets|8,644|
|Liabilities|30,012|
|Assets minus Liabilities|-21,367|
|Total Owner's Equity|-21,367|
|Combined Bank Balance|8,644|
|**Aged Debtors**||
|Unpaid Invoices / Outstanding Invoice Credit Notes (Value)|195|
|Unpaid Invoices / Outstanding Invoice Credit Notes (Number)|4|
|Clients with Unpaid Invoices / Outstanding Invoice Credit Notes (Number)|4|
|**Aged Creditors**||
|Unpaid Bills / Outstanding Bill Credit Notes (Value)|0|
|Unpaid Bills / Outstanding Bill Credit Notes (Number)|0|
|Clients with Unpaid Bills / Outstanding Bill Credit Notes (Number)|0|



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## **Profit & Loss** 

## Norwich City ABC 

Accounting Year 2024/25 

||**Debit**|**Credit**|
|---|---|---|
|**Turnover**||**30,551**|
|**Sales**||30,551|
|**_add_ Other Income**||**21,320**|
|**Interest Received**||246|
|**Grant Income**||21,074|
|**_less_ Cost of Sales**|**80**||
|**Subcontractor Costs**|80||
|**Gross Profit**||**51,790**|
|**_less_ Administration Expenses**|**62,665**||
|**Office Costs**|6,266||
|**Rent**|4,660||
|**Office Equipment**|24,173||
|**Internet & Telephone**|399||
|**Miscellaneous**|3,885||
|**Auto Expenses**|409||
|**Accommodation**|8,218||
|**Staff Entertaining**|286||
|**Legal and Professional Fees**|780||
|**Postage**|41||
|**Charitable Donations**|450||
|**Subscriptions**|1,650||
|**Insurance**|314||
|**Travel**|11,134||
|**_less_ Staff Costs**|**250**||
|**Staff Training**|250||
|**_less_ Tax-Disallowable Admin Expenses**|**325**||
|**Business Entertaining**|325||



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|**Operating Profit**|**-£11,450**|
|---|---|
|_less_ **Drawings**|**£0**|
|_less_ **Profit & Loss journal entries**|**£0**|
|**Retained Profit this period:**|**-£11,450**|
|**Retained Profit brought forward:**|**-£9,917**|
|**Distributable Reserves / Retained Profit carried forward:**|**-£21,367**|



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## **Balance Sheet** 

## Norwich City ABC 

As at 31 Mar 25 

||**£**|**£**|
|---|---|---|
|**Capital Assets**|||
|Net Book Value|0||
|**Current Assets**|**8,644**||
|Bank Account: Business Current Account|464||
|Bank Account: NORWICH CITY ABC|8,180||
|**_less_Current Liabilities**||**30,012**|
|Trade Debtors||19,553|
|Other Debtors||9,909|
|Expense Account: Katherine Potts||550|
||||
|**Net Current Assets**|**-£21,367**||
|**Total Assets**|**-£21,367**||
|**Owner's Equity**|||
|Retained Profit||-21,367|
||||
|**Total Owner's Equity**||**-£21,367**|



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## **Aged Debtors** 

## Norwich City ABC 

As at 31 Mar 25 ageing by invoice date 

|**Customer/Invoice**|**Invoice date**|**Due date**|**Total**|**0-30 Days**|**31-60 Days**|**61-90 Days**|**>90 Days**|
|---|---|---|---|---|---|---|---|
|**Anglia Flat Roofing**|||**£25.00**|**£0.00**|**£0.00**|**£0.00**|**£25.00**|
|022|18 Nov 24|25 Nov 24|£25.00||||£25.00|
|**KK Roofline**|||**£25.00**|**£0.00**|**£0.00**|**£0.00**|**£25.00**|
|013|18 Nov 24|25 Nov 24|£25.00||||£25.00|
|**Lee Peruzzi**|||**£120.00**|**£0.00**|**£0.00**|**£0.00**|**£120.00**|
|036|26 Nov 24|03 Dec 24|£120.00||||£120.00|
|**Warmify**|||**£25.00**|**£0.00**|**£0.00**|**£0.00**|**£25.00**|
|012|18 Nov 24|25 Nov 24|£25.00||||£25.00|
|**Grand Total**|||**£195.00**|**£0.00**|**£0.00**|**£0.00**|**£195.00**|



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## **Aged Creditors** 

## Norwich City ABC 

As at 31 Mar 25 ageing by bill date 

|**Supplier/Bill**|**Bill date**|**Due date**|**Total**|**0-30 Days**|**31-60 Days**|**61-90 Days**|**>90 Days**|
|---|---|---|---|---|---|---|---|
|**Grand Total**|||**£0.00**|**£0.00**|**£0.00**|**£0.00**|**£0.00**|



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