Name: St Francis Amateur Boxing Club Scottish Charity Number: SC050867
Trustees’ Annual Report & Financial Statements For Period Ended 31st May 2025
- contact information
Trustees’ Annual Report For the Period Ended 31st May 2025
The Trustees take pleasure in presenting their report together with the financial statements and the independent examiner's report for the period ended 31st May 2025.
Reference & Administrative Information
Charity Name
St Francis Amateur Boxing Club
Charity No $C050867
Address
Current Trustees
Independent Examiner:
GEE Riverview Business Centre, 40 North Ellen Street, Dundee, DD3 7DH Email: tom@rvbc2.co.uk
Structure Governance & Management
Constitution
St Francis Amateur Boxing Club is governed under a single-tier SCIO constitution.
Appointment of Trustees
Members of the Management Committee shall be elected at the Annual General Meeting.
Management
As stated in the Constitution the Management Committee shall be elected for three years and shall consist of not less than 4 members. The Association’s Honorary Officers: Chairman, Vice Chairman, Secretary and Treasurer shall hold office until the conclusion of the Annual General Meeting of the Association next after their election but shall be eligible for re-election provided that no honorary officer shall hold office for more than 3 consecutive years. On the expiration of such period any former honorary officer shall be eligible for re-election to the post from which he or she has demitted office. The Chairman and other honorary officers shall be ex officio members of the Management Committee and of any other Committee.
Objectives & Activities
St Francis Amateur Boxing Club was set up in March 2021.
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Its objectives are to provide a sports and boxing community hub, whereby local boxers and sportspersons can access the facilities to get training supervised by experienced coaches.
We aim to provide training facilities in each case with the object of improving the conditions of life primarily for people living within the community or communities served by such facilities — and to advance participation in sport.
Achievements & Performance
The Club has established a local training facility for supervised boxing training by experienced coaches.
Financial Review
As described previously in our annual report, we have a surplus in the period and have continued to re-invest any surplus funds in improving facilities and equipment.
Income - 23,820 Expenditure - 19,690 Balance - 4,130
Attached is our bank statement showing a balance of £12,428.59.
Our bank statement also shows the small monthly fee that we are charged to operate the account, which we have personally covered each month.
Reserves Policy
Our reserves policy Is to hold liquid funds to cover one year’s normal expenditure.
Plans for Future Periods
We are progressing with the improvement of our training facilities and the recruitment of more coaches. This is work in progress as we develop our strategies to improve the training facilities for all sportspersons. We are working with Boxing Scotland Ltd to ensure we meet all statutory requirements.
During the next 12 months, we will engage with local sports clubs and community groups to plan operationally what our training facilities require to achieve satisfactory utilization. We will also develop a management structure and operational delivery team to run the training facility.
We look forward to providing you with updates on our progress in next year’s annual report.
Approved by the trustees on the date below and signed on their behalf by:
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Date: 27/02/2026
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Independent Examiner’s Report For the Period Ended 31st May 2025
Independent Examiner’s Report to the Trustees of St Francis Amateur Boxing Club.
| report on the financial statements of the charity for the period ended 31st May 2025, which are set out on pages 5 to 7.
Respective responsibilities of Trustees and Examiner
The charity’s Trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 (“the 2005 Act”) and the Charities Accounts (Scotland) Regulations 2006 (as amended) (“the 2006 Regulations”). The charity's Trustees consider that the audit requirement of Regulation 10(1) (d) of the 2006 Regulations does not apply. It is my responsibility to examine the accounts as required under section (44) (1) | of the 2005 Act and to state whether matters have come to my attention.
Basis of Independent Examiner’s Statement
My examination is carried out in accordance with Regulation 11 of the 2006 Regulations. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently, | do not express an audit opinion on the view given by the accounts.
Independent Examiner’s Statement
In connection with my examination, no matter has come to my attention:
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to which gives me reasonable cause to believe that, in any material respect, the requirements:
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to keep accounting records in accordance with section 44(1)(a) of the 2005 Act and Regulation 4 of the 2006 Regulations, and
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to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Regulations have not been met, or
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to which, in my opinion, attention should be drawn to enable a proper understanding of the accounts to be reached.
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Sign
Nam
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Date:_27/02/2026
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Statement of Receipts and Payments For the Period Ended 31st May 2025
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|---|---|---|---|---|---|
|Receipts|Note|Unrestricted|Total|
|Funds|2025|
|Voluntary|Receipts|
|Donations|100|100|
|Grants|
|Gift|Aid|
|Refunds|
|Receipts|from|Charitable|
|Activities|
|Client|Contributions|23,720|23,720|
|Consultancy|
|Students|Training|
|Contribution|
|Rental|Income|
|23,820|23,820|
|Payments|
|Cost|of|Charitable|Activities|4|19,590|
|Governance|Costs|5|100|
|Total|Payments|19,690|
|Surplus|for the|period|4,130|
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The Notes on pages 7 form an integral part of these Accounts.
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Statement of Balances — As of 31st May 2025
| Funds Reconciliation | Unrestricted | Total |
|---|---|---|
| Funds | 2025 | |
| Cash at Bank & In Hand — 01/06/24 | 8,298 | 8,298 |
| Surplus for period | 4,130 | 4,130 |
| Cash at Bank & In Hand — 31/05/25 | 12,428 | 12,428 |
| Bank & Cash Balances | 2025 | |
| Bank Current Account | 12,428 | |
| Cash in Hand | 0 | |
| 12,428 | ||
| OtherAssets (Unrestricted Fund) | 2025 | |
| Gym Equipment & Furniture | 4,508 | |
| Liabilities (Unrestricted Fund) | ||
| TherearenootherLiabilities |
The Notes on pages 7 form an integral part of these Accounts.
Approved by the trustees on the date below and signed on their behalf by: - Chair: _
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Chair: _
Date: 27/02/2026 _ Date: 27/02/2026
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Notes to the Accounts — For the Period Ended 31st May 2025
1 Basis of Accounting These accounts have been prepared on the Receipts & Payments basis in accordance with the Charities & Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended).
2 Nature and purpose of funds
Unrestricted funds are those that may be used at the discretion of the trustees in the furtherance of the objects of the charity. The trustees maintain a single unrestricted fund for the day-to-day running of the Charity.
3 Related Party Transactions
No remuneration was paid to the trustees or to any connected persons during the year. No travel expenses were paid to any trustees during the year.
| 4. Cost of Charitable Activities | Unrestricted | Total |
|---|---|---|
| Funds | 2025 | |
| Coaching Costs | 12,250 | 12,250 |
| Travel Expenses | 2,127 | 2,127 |
| Rent | 399 | 399 |
| Water | 216 | 216 |
| Legal & Professional Fees | 100 | 100 |
| Insurance | 598 | 598 |
| Heating & Lighting | 1,674 | 1,674 |
| Equipment | 927 | 927 |
| Removals/Maintenance | 119 | 119 |
| Telephone | 532 | 532 |
| Printing & Stationery & Postage | 621 | 621 |
| Refreshments | 0 | 0 |
| Bank Charges | 27 | 27 |
| 19,590 | 19,590 |
5. Governance Costs
Annual Accounts & AGM Independent Examiner's Fee 100 Legal Advice 0 100
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