KNOCKOUT LGBTQ BOXING CLUB CIC

Company limited by guarantee

Company Registration Number:
14485430 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2023

Period of accounts

Start date: 15 November 2022

End date: 30 November 2023

KNOCKOUT LGBTQ BOXING CLUB CIC

Contents of the Financial Statements

for the Period Ended 30 November 2023

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

KNOCKOUT LGBTQ BOXING CLUB CIC

Balance sheet

As at 30 November 2023

Notes 13 months to 30 November 2023


£
Current assets
Debtors: 3 27
Cash at bank and in hand: 11,385
Total current assets: 11,412
Creditors: amounts falling due within one year: 4 ( 11,412 )
Net current assets (liabilities): 0
Total assets less current liabilities: 0
Total net assets (liabilities): 0
Members' funds
Profit and loss account: 0
Total members' funds: 0

The notes form part of these financial statements

KNOCKOUT LGBTQ BOXING CLUB CIC

Balance sheet statements

For the year ending 30 November 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 20 February 2024
and signed on behalf of the board by:

Name: Thomas Day
Status: Director

The notes form part of these financial statements

KNOCKOUT LGBTQ BOXING CLUB CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

KNOCKOUT LGBTQ BOXING CLUB CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Employees

    13 months to 30 November 2023
    Average number of employees during the period 0

KNOCKOUT LGBTQ BOXING CLUB CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Debtors

13 months to 30 November 2023
£
Other debtors 27
Total 27

KNOCKOUT LGBTQ BOXING CLUB CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Creditors: amounts falling due within one year note

13 months to 30 November 2023
£
Accruals and deferred income 11,412
Total 11,412

COMMUNITY INTEREST ANNUAL REPORT

KNOCKOUT LGBTQ BOXING CLUB CIC

Company Number: 14485430 (England and Wales)

Year Ending: 30 November 2023

Company activities and impact

Knockout LGBTQ Boxing Club CIC ‘(Knockout’) was initially formed in 2016 to create a safe space for people from the LGBTQ+ community in London to participate in the sport of boxing. We deliver accessible boxing focused training sessions through locations in London with a strong focus on providing a safe and welcoming environment for LGBTQ individuals and al-lies.We promote the benefits of boxing as a lifestyle choice with improvements to areas such as cardiovascular health, strength, co-ordination, confidence, and stress levels.We organise social events outside of the gym, so members can build relationships and cre-ate a greater sense of community.We provided volunteer opportunities and assistance for certification of coaches.We launched additional weekly classes in the year, and now offer a monthly female/non-binary class.We ran free taster sessions for community groups/events such as a queer refugee group and a trans sports day.We became affiliated with the governing body of the sport in England to create a pathway for competition for members. We are also engaging on how we can work collaboratively to im-prove diversity, equality and inclusion more generally with England Boxing. Knockout strives to be a catalyst for positive change by utilising boxing as a tool to build a more inclusive society, empower individuals, and advocate for equality within the sports community and beyond.

Consultation with stakeholders

Knockout’s stakeholders are our members (boxer participants), volunteer committee members, coaches, as well as community businesses and local authorities: Islington and Camden where we regularly operate.On a regular basis, we consult with our members through a formal survey which they can provide feedback on all areas of the club to ensure we are meeting and improving needs.Members are also consulted during and after class to provide feedback on the sessions.The volunteer committee and coaches have regular meetings to discuss club objectives and overall delivery of sessions. Our collaborative approach ensures all ideas are considered in the decision-making process.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
20 February 2024

And signed on behalf of the board by:
Name: Thomas Day
Status: Director