BOX HIIT AMATEUR BOXING CLUB CIC

Company limited by guarantee

Company Registration Number:
12718271 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2023

Period of accounts

Start date: 1 August 2022

End date: 31 July 2023

BOX HIIT AMATEUR BOXING CLUB CIC

Contents of the Financial Statements

for the Period Ended 31 July 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

BOX HIIT AMATEUR BOXING CLUB CIC

Directors' report period ended 31 July 2023

The directors present their report with the financial statements of the company for the period ended 31 July 2023

Directors

The director shown below has held office during the whole of the period from
1 August 2022 to 31 July 2023

Siobhan Keppler


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
11 April 2024

And signed on behalf of the board by:
Name: Siobhan Keppler
Status: Director

BOX HIIT AMATEUR BOXING CLUB CIC

Profit And Loss Account

for the Period Ended 31 July 2023

2023 2022


£

£
Turnover: 50,049 49,612
Cost of sales: ( 16,502 ) ( 12,793 )
Gross profit(or loss): 33,547 36,819
Administrative expenses: ( 37,608 ) ( 30,651 )
Operating profit(or loss): (4,061) 6,168
Profit(or loss) before tax: (4,061) 6,168
Profit(or loss) for the financial year: (4,061) 6,168

BOX HIIT AMATEUR BOXING CLUB CIC

Balance sheet

As at 31 July 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 2,640 5,424
Total fixed assets: 2,640 5,424
Current assets
Debtors: 4 571
Cash at bank and in hand: 18,660 18,232
Total current assets: 19,231 18,232
Creditors: amounts falling due within one year: 5 ( 21,743 ) ( 19,467 )
Net current assets (liabilities): (2,512) (1,235)
Total assets less current liabilities: 128 4,189
Total net assets (liabilities): 128 4,189
Members' funds
Profit and loss account: 128 4,189
Total members' funds: 128 4,189

The notes form part of these financial statements

BOX HIIT AMATEUR BOXING CLUB CIC

Balance sheet statements

For the year ending 31 July 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.

This report was approved by the board of directors on 11 April 2024
and signed on behalf of the board by:

Name: Siobhan Keppler
Status: Director

The notes form part of these financial statements

BOX HIIT AMATEUR BOXING CLUB CIC

Notes to the Financial Statements

for the Period Ended 31 July 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

    Tangible fixed assets depreciation policy

    33.33% Straight Line

BOX HIIT AMATEUR BOXING CLUB CIC

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 1 1

BOX HIIT AMATEUR BOXING CLUB CIC

Notes to the Financial Statements

for the Period Ended 31 July 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 August 2022 8,593 8,593
Additions
Disposals
Revaluations
Transfers
At 31 July 2023 8,593 8,593
Depreciation
At 1 August 2022 3,169 3,169
Charge for year 2,784 2,784
On disposals
Other adjustments
At 31 July 2023 5,953 5,953
Net book value
At 31 July 2023 2,640 2,640
At 31 July 2022 5,424 5,424

BOX HIIT AMATEUR BOXING CLUB CIC

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Debtors

2023 2022
£ £
Trade debtors 571
Total 571

BOX HIIT AMATEUR BOXING CLUB CIC

Notes to the Financial Statements

for the Period Ended 31 July 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 1,390 371
Taxation and social security 764 590
Accruals and deferred income 720 748
Other creditors 18,869 17,758
Total 21,743 19,467

COMMUNITY INTEREST ANNUAL REPORT

BOX HIIT AMATEUR BOXING CLUB CIC

Company Number: 12718271 (England and Wales)

Year Ending: 31 July 2023

Company activities and impact

Provided access to free boxing education and fitness to everyone in the local community, regardless of age, ability, gender or social class. Provided free classes to improve the physical and mental wellbeing of adults and children in the local area. Provided free boxing holiday clubs and a hot meal to children receiving school meals during school holidays which ensured that children from lower socio-economic backgrounds had nutriational meals and engaging activities during school holidays without any financial barriers.

Consultation with stakeholders

Siobhan Keppler - Regular updates and consultations with local councillors to gain feedback and to ensure that council expecctatons are being met.

Directors' remuneration

Directors renumeration was paid for the year ended 31 July 2023 of £12,162.There were no other financial transactions or arrangements in connection with the renumeration of directors or compensations for directors loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
11 April 2024

And signed on behalf of the board by:
Name: Siobhan Keppler
Status: Director