Trustees, Annual Report for the period Period start date 04 Peiiod end date From 03 Section A Reference and administration details Charlty name STOCKPORT & DISTRICT WORKING LADS ASSOCIATION other names chailty Is known by STOCKPORT LADS CLUB Reglstared charlty number (If any) 520116 Charlty's prlnclpal address HEMPSHAW LANE STOCKPORT Postcode SKI 4NT Name8 of the charlty trustees who manage the ¢harlty Date8 acted If not for whole ear Trugto? name Offl¢e Ilf any) Chalrman Secretary Treasurer Name of per80n {or body} entltlfrd toa olnt tru8lep Ilan Mr C Hall Mr C Barber Mr S M Tatter6811 FCA Mr A Nelstrop Mr B Guest Mr J Guest Mrs W Meikle Mrs J Ladd Mr D Meanwell Untll 30.11.2023 10 11 12 13 14 15 16 17 18 19 20 Names of the trustee8 for the charltyi If any, {for example. any custodian trustees Name Dates acted If not for whole ear Mr C Hall, Mr S M Taltersall Mr C Barber, Mr A Nelstrop TAR March 2012 Nam88 and addresses of advlsers {Optlonal Infomiation) e of advlser Name Address Stockbroker Arnold Stansby & Co 3fd Floor,Fabric, 30 Queen St Ltd Manchester M2 5JJ Nama of chlef èxecutlve or nam63 of 8enlor staff members (Optlonal Informatlon) Mr H Hough (Club Leader) Section B Structure, overnance and mana ement Descrlptlon ol the charlty's Iru8t8 Deed dated 21st May 1889 Type of govemlng document (e9. triisl de,ed, ¢oiistitiibon) How th8 charity 18 constltuted le.￿. Ii'El&t, L1550Ll¢iliLIII, ¢OIIIPillly) The charlty 18 unlncorporated and Is reg18tered wllh the Char5ty Commlsslon Trustee 8electlon methods {e(J ai)i)oinled by, el¥Lled hyl Electlon by Trustees Addltlonal goveYnancè18sues (Opllonal Infomiatlon) You may choose lo Include The day to day activlties of the club are organised by Its club leader and addltlonal Informatlon, where It8 operation8 are managed by a commlltea whose members are the relevant, about: trustees. The committee usually meets approximately every 6 week8, and recelves a report from its club188der who Is In attendance. The club Is a member of the Greater Manchester Youth Federation, whlch provlde8 Support and programme$ to its clubs. The major rl8k8 faclng the charlty are- a) Ensuring adequacy of Insurance of the bullding b) Ensuring procedures for safeguarding of Its members are monltored and updated as neces8ary pollcle8 and procedure8 adopted for the inductlon and tralnlng of tru8tees; the charlty's organisatlonal structure and any wider network wlth whlGh the charily works., relationshlp wlth any related parties. Iruslee6' consld8ration of major rlsks and the system and procedures to manage them. Section C Ob"ectives and activities The prlncipal object a8 set out in Its governlng document Is 'the physical and soclal Improvement and educatlon of the worklng lads of Stockport and nelghbouthood without reference lo polltic81 partles,. Summary of the objects of the charlty set out In Its governlng document TAR March 2012 In the club emphasis is plaod on encouraging mulual respect and positlve behaviour, bulldlng young people's confidence and self-esteem and encouraging them to form healthy and mutually respectful relalionships with each othar and with others in the world .The club's Staff and volunleers aim lo help young people grow Into mature and well- adjusted adults who will make a positive contributlon to the community and to wider soclety. Many of the club's members volunteer lo asslst in Ihe club sesslons when th8y make a much valued contrlbution. A wide range of actlvitles offered lo members indude -Foolball The Glub has 9 teams (under the name Offerton Park JFC) from receptlon to under 17's with Iraining provlded on four evenlngs -Boxing Tralnlng and practice Is provided by quallfied coaches four evenings -Re81dentlal holiday in Cumbrla at Ormside Mlll Residential Centre With a wlde range of adivitle8 on off6r Summary of the maln actlvltles undertaken for the publlc beneflt In ralatlon to these object6 (Include wlthln th18 seetlon the statutory declaratlon that trustees have had regard to th6 guldance Issued by the Charlty Comm1881on on publlc beneflt) -other actlvltles Induding Karate,table lennis,a Ralnbow unit, an early sen80ry unit, school and hollday childGare Young ladies take part In the maln activiti88 above The trustees have had regard to the guidance188ued by the Charlty Cornmi88ion on publlc benefit Addltlonal detall8 of objectlves and 4ctlvltle8 (Optlonal Informatlon) You may choose to Include further 8tatements, where relevant, about: pollcy on grantmaking; pollcy programme related Investment., contribution made by volunteer8. TAR March 2012 Section D Achievements and performance The club was presented wlth a special recognition award by the Hlgh Sheriff of Greater Manchesler in March 2024 In recognition of ils longevity, the dedicallon of its volunteers in delivering Outstanding recreatlonal and educational opportunities for young people A granl of £3045 was received in March 2024 from Vemon Charitable Foundation to help provide updated and new equipment and tralnlng faGilitles. The committee propose to apply this amount help improve Its boxing'aclivity. Boxing The boxing club has been affiliated to England boxing slnca the end of 2019, and Is now enterlng Its 3lll full season (Ignorlng closure during the lockdown). It Is now w811 established in the local area as offerlng a stlmulating and rewardlng experlence for young people. We now have Ihree 8enlor coache8 (level 2) and two coaches (level 1), and It Is hoped that one of our ex boxers having recently qualifled wlll joln the coaching team8. Durlng Ihe year two members boxed competitlvely, and our aim for the followlng yaar Is to double that number. The facilily Is open to all and though most chlldren do not progress lo Ihe highest lev61, nevertheless nearly all chlldren take something posltlve from the experience -Improved fitness, Self-dlsclpllne, Gomradeshlp and hopefully, fun. Needed trainlng equlpment was added durlng the year thank8 to a generous grant from the Vernon Bullding soclety. This wa8 the second year we have taken Some of our boxer81o Cumbria on an 'outward bound, experience, which was fond to be fun and rewarding. We have had over 81xty chlldr8n come through our door8 slnce 2019, wnh a current attendance of twenty, Of those fourteen recently had thelr doctors medlcal and are now reglst8red and are eligible to spar and perhap8 move onto competitlve boxlng In due Goufse. Interest In becomlng a member continues and it18 hoped additlonal beginn8r8' classes will be added In the near future. Summary ofthe maln achievement8 01 the charlty durlng the year March Section E Financial review The charity airns lo retaln sufficlent reserves to enable it to contlnue Its activities and It Is considered the amount of reserves should be equivalent to not less than nlne months of anticlpated expendilure. At 31.3.2024 this equated to a need to hold approximately £40,000 In regerve8, whlch at that date 8tood at approximately £57,000. Brlof statement of tho charlty's pollcy on re8erve8 Detalls of any funds mat6Ylally In deflclt Non8 Further flnanclal r•vlew detall8 (Optlonal Infomiatlon) You may choose to include The prlncipal sources of fund8 as shown In the attached financial addltlonal information, where statements are members Subscrlptiong and Surplus on canteen sales, relevant about: room hire income from communlty groups who provlde services whlch benefll the members, Ihe local community and dlsabled persons, the charlly's princlpal and Income from its Investments. 80urce8 of fund8 (includlng Expendlture is Incurred to remunerate its club leader and to malntain and any fundralslng); Improve It6 property and equlpment. how 8xp6ndlture ha8 The portfollo of Investment818 held by a stockbroker. Conslderallon Is supported the key obJactive8 glven to recommendatlons that they provlde. The Investment pollcy Is to of Ihe charlty; provide a balance of Inv88tment growth and an adequate return on Investments Investment pollcy and obJeGtive8 Including any ethlcal investment policy adopted. Section F Other optional information Section G Declaration The trusteès declare that they have approved the truBtse8' report above. Slgned on behalf of the charlty's trustoes Slgnature(B) trj JCLLQ Full name{s) Poslllon (eg Secretary. Chair, etc) -tqZ- ,12 ¥( Date TAR CHARITY COMMISSION FOR ENGL4ND AND WAIES s'roci%poRT LA￿￿￿ CLUB ND Ill rll)yl Receipts and payments accounts CC16a For th8 porlod from Period 51ail ￿al8 Pviiorl orid dry 1.4.2023 31.3.2024 Sectioii A Receipts and payineiits Unro8trl¢led fund8 t• th• n•ar•¥t Re81rl¢tad lund• Endowment fundJ Last yfror Total fund8 to lh• ng•f••l £ toth# n••r•6t£ A1 Ro¢el ts Don&lion6,le a¢l88 8 ront9 (rw 1 M￿bers. 8ubscd Il¢J C•nI9￿ lakln Olvld¥nd$ bivagtmeD18 In18rèsl on d oill ac4ounl8 14116 of Preml8es Car Pork ionlal 8.249 31 31 41 43 Sub total(Gms8 Income lor AR) ..63,313 J,646 56,908 96,207 A2 A•J?t and Invojlmènt 8ale•, 600 table . Recelpl• from •alo of Invè#tments 1.430 13,461 20,042 Sub total 13,461 14,801 20,042 rotal i•eelpt8 .04,793 3,64S . 13,461 71,798 118,849 A3Po ments 81811 ro1gl¢d wal• Not• 2 rl relaléd c0816 nol• 3 Runnln C0919 Inol6 4 AC11￿118& Govoinancts ¢o$1J nofè8 Olhfjr nole 7 900 300 503 11.8D2 Sub tot81 49,040 2A78 02.310 ' 126,354 A4 A88et and Inve8tm•nt ur¢ha$¢8 800 lablo Purcha8tr Ol Inve8tment8 10,082 Sub total 13,963 13,903 10,082 49,e40 1476 13,963 66,278 135,438 Net of r•celpts/(payments) A6 Transfers botween funds A6 Ca8h funds last ye* end Cash lunds thls year end 4.963 041 2.004 6,416 1,070 502 6,621 16,OB7 2,Ofj0 2,907 13,952 19,47J 30,539 q3,962 10,150 CCXX R1 accounts {SS) 2710212025 Section B Statement of assets and liabilities at the end of the perlod Unrestrlcled funds Restrlcted fund8 Endowmont funds to no)Tog1 £ Categorles Dota118 B1 Cash funds Al bsnk 2,095 10,160 1,211 Hdd by Broker 3,821 pteld by Ctub leathr 800 Totsl ¢ash fund8 6.416 10,100 2,907 {•or•• b•hrK••%%llrr•c*WaRdpaym•t#• OK Unreilrlcted fund8 to ffi••r•¥t £ 3,668 (.iY. 01( Endowment fund8 to n￿re•l£ Re8lrlcted fund• to n•oml £ Dotallg Piwld rumlng co¥18 Fund to wNch •I6et lJ•lon P•nn&nonl Curr•Dt ¥alu• Ilon41 111,167 Dotalls Hald by brokor IS1rAJI￿ 8ykos Tll￿1 Coit lopllonall 47,382 83 Inve8lmont a8Bet8 Held by broker P8nnqnent 0,40 0,008 H•ld by brokèr Unrestriul8d si.eoJ 111,368 Imovorrnnl In m•rW dwluTra >wr Fund towhl¢h a$8gt b•lpn Pom1￿•nt Curfgnl v&lu• Ilondl Dotall8 Fr60hold Land & eulldlno¥ 84 A88eto ratalftod for Ihe charlty'8 own u8• 107.J22 OWl¢e Play arna Re•trlGt•d 04,600 35395 136395) PermJnent Fund Investment capltal monles recelved In earllei years deolt Wllh as Unrestilcted Fund Income las per note 16 In the accounts for the year ended 31.3,2023 Coriectlon ol error by broker In Ma￿et value of securltles translerred durlng iheyear Market value ol securltles transferred {note 81 Correct value of securltles to be transferred As per Recelpts & Payments pag8 185801 8580 27356 (26295) 541) 26815 541 (282741 An appllcatlon was made to Ihe Charfty Commlsslon In December2024 to seek perfflls$ion to transfei £35,395 from the Pemianènt Endown*nt Fund to the Unrestrlcted Fund. At the date of signlng these ac¢ounts, the Club has not recelved a response. Anyactlon requlred when 8 response Is recelved wlll be dealt vAth accordlngiy. STOCKPORT LADS CLUB INDEPENDENT EXAMtNER'S REPORT TO THK TRUSTEES OF STOCKPORT LADS CLUB sl I report on the accounts of the Stockport Lads Club for the year endd 3 l March 2024. Responsibilities and basis of report As the trustees of the Charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act). I report in respect of my examination of the Charity's financial statements carried out under section 145 of the 201 l Act. In caLrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. Independent examiner's Statement I hav¢ completed my examination. I confinn that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: accounting i'ecords were not kept in respect of the charity as required by section 130 of the 2011 Act; or the financial statements do not accord with those records or; the financial statements do not comply with the applicable requirement concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. Claire L Taylor BA(Hons), F.C.C.A Chadwicks Chartered Accountants Capital House 272 Manchester Road Droylsden Manchester M43 6pw Date OM.,￿