Company registyation Durnber.. N1623538
Charity registraiion number.. 102428
Ornieau Road Boxing Club Ltd
(A company limited by share capiral)
Annual Report and Financial StatemenL%
for the Year Ended 31 March 2021
COMPNNleS'douse
BELFhST
13 DEC IQII
RECEpmoNDESK
"JA)LASCR*
2311212021
COMPANIES HOUSE
JNI
#116
McKeague Morgan & Company
27 College Gardens
Belfast
BT9 6BS

Ormeau Road Boxing Club Ltd
CoDteDts
R¢f¢rence and Administrative Dethils
Trust¢e5' Report
2to3
Statement of Trustees. Responsibililies
Independent Examin¢￿S Report
Siatemeni of Financial Activities
Balance Sheei
Notes to th¢ Firtancial Statements
81014

Ormegu Road Boxing Club Ltd
Ref¢renc¢ and Administrative Detai
Tru5t¢¢s
Mr John Toland
Ms Teresa fknherty
Mr Charle5 Toland
Principal Office
469 Ornieau Road
BELFAST
BT7 3GR
The charity is incorporJt¢d in Northern Ireland.
N1623538
Company Registration Number
Charily Registration Number
102428
Bankers
First TrLLSt Bank (Nl)
Omieau Road Branch
425 - 427 Ornieau Road
Belfasi
County Antrim
BT7 3GQ
Nicholas McKeagu¢
McKeague Morgan & Cmipany
27 College Gardens
Belf&si
BT9 6BS
Independent Examiner
Page I

Ormeau Road Boxing Club Ltd
Trustees, Report
The trustees, who are directOTS for the PU￿1$e5 of company law, presenr ihe annual report together with the
financial staiemenis of the charirable company for the year ended 31 Mar¢h 2021.
Trust
Mr John Toland
Ms Ter¢sa Dohetty
Mr Charles Toland
S¢rutture> governanfe and man¥J8emeDt
Nolur¢ ofzovernl•Jg dwumenl
The company is governed by the Memorandum and Articles of Ass(Kiatiort.
Or¥aniTsolionalslru¢lur¢
The charity was incorpcrted on 20 March 2014 under the Companies Act 2006. being a private Company
limit¢d by guarantee noi having a share capital.
Trnsiees are family and friend$ who have the ne¢¢ssary skills need¢d to ￿rther advance the.needs of the chaTity.
on¢ of ihe Tnjstees has any beneficial interest in the company. All of th¢ TTusiee5 are members of the
company and guarantee to contribute £1 in the eveni of a winding up.
Obj¢ctives and ACtiviti¢s
Objecis t7nd olms
The charity's objKtiv¢s are specifi￿lty r¢stricted to th¢ following:_
(i} to provide opportuniiies for the young people from the Ornieau Road and surrounding areas of South Belfast
io panicipate in sport and physical aciivity namely boxing-
(li) to provide OPPOrnLniti¢s for participation in spon and physical activities to all regardless of sex, religion,
ethnicity, age or ability.
(iii) to provide opportunities for lo￿] people to volunteer within the club as administraiors. Coaches and event
$tewards-
(iv) io provide facilities appropriate for l)oxing and other physi￿￿ fitness a¢tivites which meet all relevant health
and safety regularions-
(v) ro deliver personal development and training pro8Ammes for young people from the Onn¢au Road and
Surrounding areas of Sount Belfastthat we based upon their needs and interests
Publtc bellefil
The charity is Continuing to progress and provide mor¢ opporttmities to a wider range of members in the
SU￿o￿nd]ng South Belfast Area. There are currenily 4 members who are County Antrim champion5 and 3 Ulsler
champions.
The tnjstees confjrrn that they have complied with the requirements olthe Charities Act to have due regard to
Ihe public benefil guidance issued by the Charity Commission.
Pag¢ 2

Ormeau Road Boxing Club Ltd
Trustees. Report
Financial review.
li is the policy of the charity that unrestricted fijnds which hav¢ not been d¢5ignated for a specific vse should be
maintained at a level equivalent to between three and six month'5 expenditure. The Trustees considers that
reserves at this level will ensure that. in the event of a significant drop in fvnding. they will be able to continue
the charitys Current activities while consideration is given to ways in which additional fund5 may be raised. The
Trust¢¢s ar¢ working io achieve fuDd5 of this level.
The Trustees have assessed the major risks to which the charity is ¢xpos¢d. and ar¢ satisfied that 5y5tems are in
place to mitigat¢ exposure io ihe major risks.
Small companies provision statement
This report ha5 been prepared in accordance with the small companies regime under th¢ C()mpani¢s Act 2006.
The annual
s approved by the trusie¢5 of the Charity on 9 December 2021 and signed on its behalf by".
Mr Charles Toland
TTUSte¢
Page 3

Ormeau Road Boxing Club Ltd
Stslement of Trnslees, Responsibilitie5
The tn]5tees (who are a150 the directors of Ormeau Road Boxing Club Ltd for the purposes of company law) are
responsible for preparing the trusttts, report and the financial statements in accordanv with the United
Kingdom Accounting Standards (United Kingdorn Generally Accep*d Accounting PractLce} and applicable law
and regulations.
Company law rtquires the tmStees to prepare financial sra*ments for each financial year. Under company law
th¢ trusie¢s must not approve the financial stat¢ments unless they are satisfied that they give a true and fair view
of the state of affatrs of the charitable cotnpany and of its incorning resources and applicarion of resouT¢es,
including irs income and expenditure. for that period. In preparing these financial sthtement5, the trustees are
required io..
Select suitable accouniing policies and apply them consislently."
observe the methods and principles in the Chariiies SORP-
tnake judgements and estimates that are reawnabl¢ and prudent:
stsle whether appli¢abl¢ UK Accounting s￿ndards have be¢n follow¢d. subjtri to any matetial departures
disclosed and explained in th¢ financial statem¢nts: and
prepare the financial $￿teMents on the going concern basis un]ess it is inappropria1¢ io presume lh* the
charitable company will coTriinue in busintss.
The truste¢5 are responsible for keeping adequatr accounting records that are sutricieni to show and explain the
charitable company'5 transaction5 and disclose with r¢&50nable acrurdcy at any time the financial position of th¢
charitable company and enable theTn to ensure that the financial statements comply wi¢h the Companies Act
2006. They are also responsible for safrguarding the assets of ihe ¢hariuble company and hence for taking.
reasonable Steps for the preveniion and detection of fraud and other irregularities.
Approv
y th¢ trnst
the charity on 9 December 2021 artd signed on its behalf by..
Trustee
Pag¢ 4

Ornieau Road Boxing Club Ltd
Independent Examiner's Report to the trusttts of Ornieau Road Boxing Club Ltd
I report io the charity trusiees on my examination of the accounts of th¢ charity for the y¢ar ended 31 March
2021 whi¢h are set out on pages 6 10 14.
Respective responsibilities of trnsiees and examintr
As the charity's tnJsiees of Omieau Road Boxing Club tAd (and also its direciors for th¢ purrA>ses of company
law) you are responsible for the preparation of the accounts in accordance with the requirements of the
Companies Act 2006 ('th¢ 2006 Act.).
Having satisfied myself thai the accounts of Orn)eau Road Boxing Club Ltd are noi requir¢d to be audited under
the 2006 Aci and are eligible ft>r independent eX￿]natiOn, it 15 my reponsibility to=
examine rhe accounts under Section 65 of the Charicies Aci (Northern Ireland) 2008 ('the Charities Act,).
follow the procedures laid down in the general Directions given by the Charity Comrnission for Northem.
Ireland under Section 65{9Xb) of ihe Charities Act. and
' stale whether particular matters have come io my attention.
Basis of independtnt examioer's report
I h8ve examined your charity accounts as required under Seciion 65 of the Charities Act and my examination
was Ca￿led out in accordance with the general Directions given by th¢ Charity Commissbon for Northern Ireland
under Sect5on 65(9Xb) of the Charities Act. The examination included a review Of the accounting records kept
by the charity and a comparison of any unusual items or disclosures in the xcounts. and seeking explanations
from you &5 charity trustees ¢on¢¢ming any suth matters.
My role is io state whether any mat¢rial njatters have come th my attention giving me cause to b¢li¢ve-
l. accounting records were noi k¢pt in r¢sp¢¢t of Omi¢w Road Boxing Club Ltd as required by section 386
of rhe 2006 Aci,. or
2. the accounts do not aCCOTd with those records" or
J. the accounts do not comply with the accounting requirements of sxtion 396 of th¢ 2006 Act other than
any requiremeni thai ¢h¢ ￿￿Ounts give a 'm]e and fair view which is noi 8 matter considered as part of an
independent examination- or
4. the accounts have not been prepared in aG¢ordane¢ with th¢ methods and principles of the Sthtement of
Recommended Prdctice for accounting and Teporting by Chariiies applicable io charitie5 preparing their
account5 ITr accordance with the Financial Reporting. Standard applicable in the UK and Republic of
Ireland (FRS 102).
Independent examiner's $tstem¢nt
I have no ¢oncerns and hav¢ ¢orn¢ across no oth¢r matters in connection with the examsnaiion to which artention
should be drawn in this report in order to enable a proper utthtstanding of th¢ accounts to b¢ reached.
Nicholas McKeague
IDStitut¢ (Trf Chartered Accountants in Ireland
M¢Keague MoTgan & Company
27 College Garden5
Belfast
BT9 6BS
9 December 2021
Pag¢ 5

Ornieau Road Boxing Club Ltd
Statement of Fin2nei41 A¢livilies for the Year Ended 31 March 2021
(Including Income and Expenditure AccouDt and Sl¥temeDt of Totsl Recognised Gains
aud L053es)
Total
2021
Unres¢ric¢ed
Restricted
J¥t)te
Income from:
Donations and legacie5
12.936
17,936
Total income
12,936
5,000
17.936
Expenditure on:
Charitsble adivili¢s
(2.661)
12.661
Total exp¢nditu*e
{2,661)
{2,661)
Nd income
10275
5,000
15.275
movernent in fvnds
10275
5,000
.15,275
Rttonciliation of funds
Totsl funds brought fonvard
(6.5151
6.515
Total fvnd5 carried forward
3.760
5,000
Unrestricte
fund5
8.760
Total
2020
Noie
Income and Endowment5 from:
Donation5 and legacies
9,108
9,108
Total income
9.108
9.108
Expenditure on:
Charitable activiiies
(13.457)
(13,457)
Total expenditure
(13.457)
(13,457)
Nei exp¢nditure
(4.349)
4.349)
Net movemenr in fijnds
{4.349)
(4,349)
Reconciliation of funds
Total ffijnds broughi fomrd
Total fund5 carried forward
(2.166)
{2.166
(6.515
{6,515
All of the charity's activities deriv¢ from continuing operations durkng the al￿¥¢ two periods.
The note5 on pages 8 10 14 fonn an integTal part of these financial statements.
Page 6

Ormeau Road Boxing Club Ltd
(Regi$tT2tion number: N1623538)
Balance Sheet as at 31 March 2021
2021
2020
Note
Current assets
Cash at bank and in hand
10,110
2.612
Creditors: Amounts f•lling due within one ye4r
N¢¢ a5%1￿[lIsb1IlQleS)
10
(1,350)
9,127
6,515
Funds of the charity:
R¢5tricted income funds
Restricted funds
5.000
Unrestricted incom¢ fynds
Unrestricted funds
3,760
(6.515)
(6.515)
Total fund$
8,760
For the financial year ending 31 March 2021 the charity w&s entitled to exemption from audit under sec¢ion 477
of the Companies Act 2￿)6 relating io small companies.
Directors. responsibilities:
The members have not required th¢ charty to.IA>tain an audit of its accounts for the year in question in
accordance with section 476. and
The dire¢tors acknowledge iheir responsibilities for complying with the requirements of the Aci wilh resp¢¢t
¢0 accounting records and the pr¢paration of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the
small companies regime.
Thefi
Dece
ial statements on pages 6 ￿ 14 were approved by the trustees. and authorised for issue on 9
2021 and sign
their behalf by".
Mr Charles Toland
Trusi¢¢
The notes on pages 8 to 14 fonn an integral part of financial statements.
Page 7

Orme*u Road Boxing Club Ltd
Notes to the Financial Statements for the Year Ended 31 March 2021
I Charity status
The charity is limited by Share capital. incorpornted in Northern Ireland.
The address of its regisi¢red office is-
469 Om)eau Road
BELFAST
BT7 3GR
These financial 5tatemenis were authorised for issue by the trustees on 9 December 2021.
2 Aecountine policies
Surnrnlry of significant accounting policies kty a￿0￿￿tIng estimates
Th¢ principal a¢¢ounting policies applied in the preparation of these financial statements are sei out below.
These policies have been ¢onsi$tently appli¢d to all the y¢ar5 presented. unless otherwise stated.
Statement of eomplian¢t
The financial siatemenrs have be¢n prepared in a¢wrdan¢e with Aecountbng and Reporting by Chariiies:
Siaiement of Recommended Prnctice applicable to charities preparing their accounrs in accordan¢e with the
Financial Reporting Sthndard applicable in ihe UK and Republic of Ireland (FRS 102) {effective l January
20151 {Charities SORP IFRS 102)), the FIr￿l¢la1 Reponing Standard applicable in ihe UK and Republic of
Ireland (FRS 102). They also Qomply with th¢ Companies Act 2006 and Charities Aci 2011.
Basis of preparation
Omieau Road Boxing Club Lid rn¢¢ts the definition of a publit benefit ¢ntity under FRS 102. Assets and
liabilities are initially recognised at hislorical cost or tr3nsaction value unless oiheNise stated in th¢ relevanl
accounring policy notes.
Going Concern
The finan¢ial statements hav¢ b¢¢n prepared.on a going rs)ncern basis.
Th¢ trustees assess whether the u5¢ of going ¢oncern 1$ appropriate i.e. whether there are any mat¢rial
uncertainties related to events or condilions that may c&%t significant doubt on th¢ abiliry of th¢ charity to
continue as a gotng concern. The trustees make this assessment in respeci of a period of one y¢ar from the dale
of approval of the financial 5tatetnents.
Exemption Crom preparing a cash flow $lat¢m¢nt
The charity Opted to early adopt Bulletin I published on 2 Febnwy 2016 and have therefore not included a cash
flow statemenr in these financial statements.
Income and endowrnents
All income is recognised once the chariry has enlitlement to th¢ income, it is probable that the income will be
received and the amount of the income receivable can be measured reliably.
Page 8

Omeau Road Boxing Club Ltd
Not¢8 to the Financial Statements for the Year Ended 31 MArch 2021
Don&lions legacies
Donations are recognised when the charity has been noiifled in writing of both the amount and 5¢tt1ement date.
In the eveni that a donation is subjeci to conditions thai require a level of perfomance by th¢ ¢hariry b¢fore the
charity is entiiled to rhe ￿nds. the income is deftThed and noi recognised until either those conditions are fully
met, or the fulfilment of those conditions is wholly within the control of the charity and li is probable that these
conditions will be fulfilled in the reporting period.
Expenditure
All expendilur¢ 15 re£ognised OTKe th¢r¢ is a legal or constn]ctive obliwion to thai expendilure, ir is probable
settlement is required and the amount can be measured Teliably. All costs are all￿ated to the applicable
expendirure heading tha( aggregaie similar costs to that caiegory_ Wher¢ costs c8nnor be directly attributed ro
particular headings they have been allocated on a basis conSLSttnt wtth the use of resource5. Wlth cenrrdl staff
costs allocated on the basis of time spent, and"depreciation charges allocated on th¢ portion of the a55et's use.
Orher support costs are all￿31¢d based on the spread of Maff costs.
Ch4ril4ble 4Ctiv¥lies
Charitable expenditure comprises th05¢ Costs incurred by the charity in the delivery of its activities and services
for its beneficiaries. It includes both costs that can be allocated directly ￿ such aciiviiies and those costs of an
indirect nature necessary to suppon them.
Support costs
Support costs in¢lud¢ central ￿n¢t10n5 and have been all￿at¢d to activtty cost categories on a basis consistent
wi(h the use of resources, for example, all(￿￿1ng property costs by floor arw. or per Capi￿ stsff cosis by th¢
time spent and oiher costs by iheir usage.
Governanct costs
These include the costs allributable to the charity's compliance with conslimtional and statutory requir¢ments,
including audit. straiegic managerneni and ￿js[ceS'S meetings and reimburs¢d expen5¢S.
TAx4lion
The charity 15 considered to pass tht tests set tyjt in Pard8raph I Schedule 6 of the Financ¢ Aci 201 O and
therefore it meets the definirion of a charitsble company for UK corpordtion lax purpose5. Accordingly, the
¢harity is poteniially exempt from iaxaiion in respect of income or capital 8ain5 received within categories
covered by Ch8pt¢r 3 Part I l of th¢ Corporation T&x Act 2010 or Section 256 of ihe Taxation of Chargeable
Gains Aci 1992, to the extent thai such income or gains are applied exclusively io charitsble purpose5.
C85h tash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other 5hort-terni highly liquid
invesrments that are readily convertible to a kno￿) amounr of ush and are subject to an insignificant risk of
hang¢ in value.
Page 9

Ormeydu Road BoxiDg Clnb Ltd
Notes to the Finan¢ial Statements for the Year Ended 31 March 2021
Trade creditors
Trade creditors are obligaiions io pay for goods or services have been acquir¢41 in the ordinary course of
bu5in¢s5 from Suppliers. Accounts payable are classified as current liabiliries if the chariry does not have an
unconditional ri8hi, at th¢ end of the reponing period. lo defer settlement of (he crediior for at least ￿1¥¢
months after the reporting dale. If there is an unconditional righr to deftr seErlement for at least twelve months
after ihe reporting dale. they are pr¢sent¢d as non-CUTrent liabiliti￿.
Trade creditors are recognised tniiially at the transaction price and subsequenily me&sured at amortised cost
using the effective interesi method.
Borrowinv
Inieresi-bearing borrowings are initially recorded at fair value, net of transaction costs. Intere%t-bearing
borrowings are subsequently at amortised cos4 with the diff¢r¢nce between the proceeds. ner of
transaction costs. and the amouni due on redemption being recognised as a charge to the Staiemeni of Financial
Activitie5 over the period of the relevant borrowirtg.
Interest expense is r¢cogni5ed on the basis of the effective interesi method and is included in interest payabl¢
and similar charge5.
Boryowing5 are Classified as curyent liabilities unless rhe charity has an unconditional right to d¢f¢r settlemeni of
the liability for at least rwelve months after the reportsng dwe.
Fund Structure
Unrestricted income funds are gener31 fvnds that are available for use at the trustee5's discreti¢)n in furtherance
of the objectiyes of the charity.
Restricled income funds are those donaied for use in a particular area or for specifie purposes. the use of which
is r¢5tricted to thar area or purpose.
Financial instruments
Clqssificolion
Financial assets and financial liabilities are recogDised when the chwrity becomes a pany to the contracwal
provisions of the instrument.
Financial liabilities and equity insmjments are classified according fo the Substance of the contractual
arrangements entered into. An equity inSt￿men1 is any contra¢t that eviden¢e5 a residual interest in ihe assers of
the charity after deducting all of its liabilities.
Pag¢ 10

Ormeau Road Boxing Club Ltd
Notes to the Financial Statements for the Year Ended 31 Mar¢h 2021
Recogllilion andmeas4feme*i
All financial ￿Sets and liabiliiies are initially measured ai tyaDsa¢tion price (including transaction costs). ¢x¢¢pt
for those financial assets cl&ssifi¢d a5 at fair value through profit or los& which are initially measur¢d at fair
value (which is nornially the trdnsaction price excluding transaction Costs). unles5 the a￿ngement constitutes #
financing trdnsaction. If an arrangement constitutes a fjnancing transaction, the financial asset or financial
liability is rneasured at the pr¢5¢nt value of the futt]re payments discounted at a market rate of inter¢st for a
similar debt instrument.
Financial as5¢ts and liabilities are only off5¢t in the sk*men¢ of financial position when, and only when th¢re
exists a legally enforceable right to set off the recognised amounts aNd the charity intends either ￿ s¢ttl¢ on a
nei basis, or ro realis¢ the as5ei and sellle the liability simultsneously.
Financial assets are derecognised when and only when a) Ihe contracDJal rights io the cash flows from the
financial assd expire or are settled, b) the charity transfers to anoiher patry substsniially all of th¢ risks and
rewards of ownership of the financial asseL or cl the charity. despiie having retained some, bui not all,
Sl8nificant risks and rewards of ownership. ha5 traTh5ferred contyol orth¢ &55et to another party.
Financial liabiliiies are derecognised only when the obligation specified ID th¢ contya¢¢ is d]￿harged, cancelled
or expires.
I￿v￿¢￿ents
Inv¢stments in non-¢onvertible preferen￿ shares and non-puttabl¢ ordinary or preference shares (where Shares
are publicly traded or their fair value is reliably measurdble) are measured ar fair value ihrough profit or 1055.
Where fair value cannot be measured reliably, invesllnents are measured * c05t less impairnKnl.
Investments in 5ub5idiarie$ and associates are rn￿ured ￿ c05t less irnpairment. For investments in subsidiaries
acquired for consideration including the issue of shares qualifying for merg¢r ielief. Cost is measured by
reference to rhe nominal value of the shares issued plus fair value of other consideration. Any premium is
ignored.
Derivoiivefinancidl¥nsirMments
The charity uses deriva¢iv¢ financial instnlln¢nts to reduce exposure to foreign exchange risk and inierest rate
mov¢m¢nts. Th¢ tharity do¢s not hold or issu¢ d¢rivative financial in5tnttnents for speculative pU￿oSe$.
Derivaiives are initially recognised ai fair value at ihe dale a derivative Wntract is enter¢d into and ar¢
subsequently remeasured to their fair value al each r¢poning date. The resulting gain or loss is recognised in
statement of financial activilies imrn¢diat¢ly unless the derivative is designa*d and effective as a hedging
instrument. in which event ihe timin8 of the recogniiion in ststemeni of financial activities depends on the
t]attJre of the hedge relationship.
Falr vdlut meosuremen¢
The best evidence of fair value 15 a quoted price for an identi￿1 in an active markd. Vlhen quoted prices
are unavailabl¢. the price of a r¢c¢nt transaction for an identical a55et provides evidence of fair value as long as
Ihere has not be¢n tt signiflcant change in economic circumstsnces or a significant lapse of lime sinc¢ the
trall5action t¢M)k place. If the mark¢1 15 not active and recent transaciions of an identical asset on iheir own are
noi a good ¢$tirnat¢ of fair value. the fair v4lue ts estimated by ￿Sing a valuation technique.
Pagell

Onneau Road Boxing Club Lld
Notes to the Financial Statements for the Year Ended 31 March 2021
3 Income from donations legaeies
UTrr¢slricted
funds
Total
2021
Total
2020
Gener81
Reslrieled
Donaiions and legacies-
Grants received
Membership fees
12.936
5,01
17,936
360
8.748
12,936
5.0
17,936
9.108
4 Exp¢nditure ¢h#rit*ble aetivlties
Unrestricted
funds
Total
2021
Tot*1
2020
Genernl
Note
Governance costs
Coaching and prograrnme cos
Premises expenses
Sundry
Equipment
Motor expenses
433
433
805
.973
7.556
2,OiKI
228
2.000
228
1.395
612
2.661
2.661
13,457
S Anxly$l$ of govern*nee and sthpport eosts
Gov¢rnan¢¢ costs
Unrestricted
funds
General
Total
21121
Total
2020
Independent examiner ftts
Examination of the financial smements
Allocat¢d 5UPPQrt Costs
Joo
133
300
133
6NJ
205
433
433
805
Page 12

Ormeau Road Boxing Club Ltd
Noles lo the Finanei21 Ststements for tbe Year Ended 31 M¥reb 2021
6 Trustees remuneration and expenses
No m15tees. nor any persons connected with thern. have Teceived any remuneration from the ¢harity during th¢
year.
No trustees have received any reimbursed expenses or any oth¢r benefits from the charity during the year.
7 Indeptnden¢ ex8mtn¢r's remuner4tion
2021
2020
Examination of th¢ finan¢ial statemen1$
300
600
8 Taxation
The charity is a registered charity aNI is ih¢r¢fore exernpi from tsxaiion.
9 Cash and ¢#$h equivaltnts
2021
21J20
Cash ai bank
10,1 10
2,612
10 Creditors: #mou￿ts falling due wi¢hiTr one y￿r
2021
2021)
Tradc crcditors
Trustees current accounts
1,600
5,900
1,627
750
600
Accruals
1,350
9,127
I l Funds
Balance #t I
April 2020
Incoming
resources
Re50ur¢es
expended
Balance at 31
March 2021
Unr¢slriet¢d
Genernl
(6.515)
12.936
{2.661)
3.760
Resiritted
5.000
5,000
Total (und5
(6.515)
17,936
(2,661)
8,760
Page 13

Ormeau Road Boxing Club Ltd
Notes to the Financial Statements for the Year Ellded 31 Marcb 2021
Balanc¢ at I
April 2019
Incoming
resourc
Rtgources
expet)ded
Balance 8t 31
M•r¢h 2020
Unrestricted
G¢n¢ral
12,166)
9,108
(13.457
(6,515
12 Anaty$is ofnel *$sets b¢tw¢tD fund$
Unrestricted
funds
Gener*1
Tot81 funds at
31 M*rch
21120
CutTenr assets
CutTent liabilities
2,612
(9,127)
2.612
(9.127)
Total net a55el$.
16,515)
(6,515
13 A Tralysis of nef lunds
At l April
20211
Financing cash
flows
At 31 Mareh
2021
Cath ai bank and in hand
2.612
7,498
10.1 10
Net debt
2.612
At l April
2019
7,498
Financing cash
At31 Marth
2020
Cash at bank and in hand
7,J91
(4.779)
(4,779)
2,612
Net debt
7.391
2,612
Page 14