Registered number.. N1057083
GLENGORMLEY AMATEUR BOXING CLUB
DIREcfoRS' REPORT AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024
Sherwood Accountancv PracticÈ
70 Sherwood Avenus>
Newtownabbev
io Antrim
BT36

Glengormley Amateur Boxing Club
Contents
Pa9e
Company Tnformatlon
Dlrectots. RepJrt
Accountant's Report
Encome and ExDendSture Account
Ba5ance Sheet
Note5 to the Financial Statements
The followlng page5 do not form pait of the statutory accounts:
Detslled Income and Expendlture Account

Glengorniley Amateur Boxing Club
Company Inforrnation
For The Year Ended 30 November 2024
D5rectors
Mr M4lachy Scott
Mr Patrick Mccrory
Mr Mark Kellv
Company Number
NIO570B3
Reg15tered Office
304-1 Antnm Road
Glenaormlev
Co Antrim
BT36 SEG
Accountants
Sherwood Attountancv Practice
70 Stherwood Avenue
Newiownabbev
Co Antrlm
BT36 5GI
Paae I

Glengormley Amateur Boxing Club
Company No. NX057083
Directors. Report For The Year Ended 30 November 2024
The directors present their report and the flnancial statèmÉnts for the year ended 30 November 2024.
Dlrectors
The directors who held office dliring the year We￿ ds follows..
Mr Malachy Scott
Mr Patrick Mccrory
Mr Mark Kelly
Statement of Directors. Re5ponslbllltles
The directors are responsible for preparing the Directors, Report and the financial statements In accordance with applicable
law and regulations.
Company law require5 the dlrectors to prepare financial statements for each financlal year. Under that law the directors have
elected to prepare the flnancial statements In accordance with united Klngdom Generally Accepted AccoLbnting Practice
(United Kingdom Accounting Standards and applicable lawl. Under company law the directors must not approve the financial
statements unleg£ thoy are satisfled thèt they glve a true and fair view of the state of affalrs of the company and of the
surplus or deflclt of the company for that perlod. In preparing the flnanclal statements the dlrectors arè required to..
selecr suitable accounting policies and then apply rhem consistentlyi
• rnake Judgments and accountlng estimates that al-e reasonable and prudent.
prepare the financial staten)ents on the 90in9 concern basi5 unles5 It is Inapproprlate to presume that the company
will continue In buslness.
The directors are ￿sponSible for keeping adequate accounting records that are $ufficient to show and explaln the company'J
transactlons and disclose with reasonable accuracy at any tlme the financial posltSon of the company and enable them to
ensure ¢hat the financial starements comply with the Companies Act 2006. They are also responslble for safeguarding rhe
assets of the company and hen￿ for taklng reasonable steps for the preventlon and detectlon of frnud and other
Ii'i'e9ularltles.
Tha directors are responslble for the maintenance and Integrlty of the corpor7te and financial information inclL¢ded on the
campany's webslte. Legisldtlon In the Unlted Kingdom governin9 the preparatlon and disseminatlon of fJnanci31 statements
may differ from legislation In othei. Jurisdiction5.
Small Cofflpany Rul*•
This report has been prepared In accordance with the special provisions relating to companies subject to the small companles
reglme withln Part IJ of the Companles Act 2006.
On behalf of the board
Mr 14alachy Scott
Director
1410812025
Page 2

Glengormley Amateur BoxSng Club
Accountant's ReDOrt
For The Year Ended 30 hlovember 2024
In accordance with the engagement letter dated , and in order to assist you to fulfil your duties under the Companitss Act
2006, we have compiled the financial staiements of the company from the accounting records and infomation and
exolanations you have given to us.
Th55 reportls made to the dlreetors In accordance wlth the terms of our eng3gement. Our work ha5 been Undertaken to
prepare for approval by the dlrectors the flnancial statements that we have been engaged to complle, to report to the
director5 that we have done so, and to state those matters that we have agreed to state to them in thls report and for no
other purpose. To the fullest exrent permitted by lèw, we do not accept or a55ume responsibility to anyone other than the
Company and the Company's directors for our work or for this ￿port.
You have acknowledged on the balan￿ sheet as at year ended 70 November 2024 your duty to ensure that the company has
kept proper accounh'ng records and to prepare financial statemeiits that give a true tsir view under the Coinpanles Att
2006. You consider that the company 15 exempt from the statutory requirement for an audit for the year.
We have not beei) instructed to carryi out an èudit of the financial statements. For this reason, wé have not verified the
accuracy or complettsnes5 of the accounting records or information and explanations you have giveft to us and we do iiot,
therefore, ex
ss any ooinion on the financial statements.
1410812025
Sherwood Accountancy Practr'ce
70 Sherwood Avenue
Newtownabbev
Co Antrim
BT36 5C",
Paqe 3

Glengormley Amateur Boxing Club
Income and Expenditure Account
For The Year Ended 30 November 2024
2024
2023
Notes
TURNOVER
21.198
21.741
GROSS SURPLUS
21.198
21,741
Administrative expenses
(16,405)
(11,2301
OPERATING SURPLUS
Intei'est payable and similar charges
4.793
10.511
IG9)
SURPLUS FOR THE FINANCIAL YEAR
4,768
lQ,44?.
The notes on pages G to 7 form part of thesè financial statements.
Paae 4

Glengormley Amateur Boxing Club
Notes to the Financial Statements
For The Year Ended 30 November 2024
l. General Informatlon
Glengormley Arnateur Boxing Club is a private company, Ilmited by guarantee, incorporated in Northom Ireland, registered
number N1057083. The registered office 15 304-1 Antrim Road, Glengomiley, Co Antrlm, BT36 )EG.
2. Accountlng Policles
2.1. Basls of Preparètlon of Flnanclal Statenients
The financial statements have been prepared under the historlcal cost Conventiors and In accordan￿ with Flnancial
Reporting Standard 102 section IA Small Intltles "The Financial Rewrtlng Standard applicable in the UK and Republic
of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measLtred at the fair value of the consideration received or receivable. net of discounts and value Jdded
taxes. Turnover includés revenue earned froni the sale of goods and from the rendvrlng of services. Tui-nover ss
reduced for éstimated cu5tomei' returns, rebates and other Siil)ilar allowances.
Sale of goods
Turnover from the sale of ooods is recognised when the significant risk5 and rewards of ownership of the good5 has
transferred to ¢he buyer. This is usually at the point that the customer has slgned for the dellvery of the goods.
Renderlng of servic•s
Turnover from the rendering of services is recognised by reference to the stage of completion of the contrdct. The
5ta9e of completion of è cont17¥t Is measured by comparing the costs incurred for work perfoi'med to date to the total
estimated contrdct Costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a
contract cannot be estimated reliably.
2.3. Tanglble Fixed Assets and Depreclatlon
Tanglble fixed asset5 are measured at cost less ac¢umulated dep￿l￿tiOn and any accumulated impairment losses.
Dep￿tatIon is provlded at rates calculatéd to wrlte off the cost of the flxed assets. less their estimated resldual value,
over their expecied usehjl lives on the following bases:
Freehold
Fixture5 & Flttlngs
2VD Stralght Ilne
IO% Stralght Ilne
2.4. stocks and Work In Progress
Stocks and work in progress are value(l at the lower of cost and ner realisable value after making due allowance for
obsolete and slow-moving Stocks. Cost includes all direct costs and an appropriète proportlon of fixed and varlable
Dverheads. Work-in-progresa Is rcflocted in the accounrs on a contracr by contract basis by recording turnover and
related costs as contract actlvlty progresses.
Forelgn Currenclas
Monetary assets and liabilities in foreign currencles are translated into Sterling at the rates of exchange ruling at the
balance sheet date. Transactlon5 in foi'elgn currencia5 are translated into sterling at the rate ruling on the date of the
transactlon. Exchange dlffeiences are taken Into account in arriving at the oper&tlng surplus.
3. Average Number of Employees
Average number of employees, including director5, duréng the year was: NIL (2023: NIL)
Pa9e 6

Glengormley Amateur Boxlng Club
Balance Sheet
As At 30 November 2024
2024
2023
Notes
FIXED AsseTS
Tangible Assets
165.279
171,102
165.279
171,102
CUAREhlT ASSETS
Stocks
Debtors
Cash at bank and in hand
8.228
4.108
21.521
8,228
4.103
15,061
33,857
27,397
Credltors: Amounts Folllng Du• Within
One Year
11,9261
NET CURRENT ASSETS (LIABILITIES)
33,857
19.471
TOT AL AsseTS LESS CURRENT
LIABZUTIES
199,136
190,573
Credltors: Amount• Falllng Due Aft•r
More Thjn One Year
(189,968)
(It16.1731
NET ASSETS
9.168
4,400
RESERVES
Other reserves
Lncome and Expanditure Account
1.20S
1.205
3,195
7,963
MEMBERS. FUNDS
9,168
4,400
For the year ending 30 November 2024 the company was entltled to exemptlon from audit under sertion 477 of the
Companies Act 2006 ￿lating to small comganies.
The member5 have not requlred the company to obtsin an audlt In accordance with section 476 of the Companies Act 2006.
The dlrectors acknowledge their responsibilities for eomplying wlth the ￿quIreMents of the Act with respect to accounEing
recoros and tne preparation OP acttjunts.
These accounts have been prepared in accordance with the prov151ons applicable to companles subject to the small companies
On behalf of the board
Mr Malachv Scott
Dlrector
141081202i
The notes on pages 6 to 7 form Dart of thesa financial statements.

Glengormley Amateur Boxing Club
Notes to the Financial Statements (continued)
For The Year Ended 30 November 2024
4. Tanglble Assets
Land &
Property
Freehold
Fixtures &
Flttings
Total
Cost
As at l December 2023
264.OG3
51.003
315.066
As at 30 November 2024
264,063
51.003
315,066
Depreclatlon
As at l December 2023
Provided during the perlod
94,851
5,282
49,113
541
143,964
5,823
As at 30 November 2024
100,133
49.654
149,781
Net Book Value
As at 30 November 2024
163,930
1,349
165,279
As at l De￿mber 2023
169,212
1,890
171,102
S. Stocks
2024
2023
Stock - soorts eouipment
8,228
8.228
6. Oebtors
2024
2023
Due wlthln ono ye•r
Other debtors
4,108
4,108
7. Creditors: Amounts Falllng Due Wlthln One Year
2024
2023
Trècle ciedito
Bank loans and overdrafts
Accruals and deferred income
13
7.912
8. Credltor9: Amounts Falllng Due After More Than One Yejr
2Q24
2023
Capital grai)ts
189,968
ia6,173
9. Companv Ilmited by quar3ntee.
The company is Ilmited by guarantee and has no share caprtal.
Every mgmb#r of the company undertake5 to contribute to the assets of the company, in the evènt of a winding up, such an
amount as mav be reaulred not excee(Jin(+ £1.

Glengormley Amateur Boxlng Club
Detailed Income and Expenditure Account
For The Year Ended 30 November 2024
2024
2023
TURNOVER
Members subscriotlons
Club show Income
Other grants recelved
Oeoarttllent of forelan affairs orant
Grant for club development costs
5,560
1.500
7,738
4.860
9,500
8.716
21.198
21,198
21.741
21,741
GROSS SURPLUS
Admlnlstratlve ExDense
Light and heat
Water rates
Affillations lees
Pro am exps
Insurance
Communlty based schemes
Senlor Fltness class expenses
Accountancy fees
Hotels ènd travtl
Consultancy fees
Bank charges
Club tracksults and sp?rtswear
Depreciation of fixtures ai)d fiifings
Depreciatlon of freehold land and property
Amortlsatlon
1,566
486
1,232
1.239
432
2,000
1,207
1,853
623
500
1,213
2,160
Gl
890
579
5,281
18,453)
413
834
1,376
3,460
500
3,142
2.100
147
600
5,281
{4,116}
481
iullGry expenses
116,405)
{11,230)
OPEftA￿NG SURPLUS
4,793
10,511
Interest payable and $lmllJr char9e$
Credlt card charges
Foreign exchange char9es
25
25
44
125)
{69}
SURPLUS FOR THE FINAf4ciAL YEAR
4,768
10,442
Pè9e 8