for the Period Ended 31 July 2023
Profit and loss | |
Balance sheet | |
Additional notes | |
Community Interest Report |
for the Period Ended
2023 | 2022 | |
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| £ | £ |
Turnover: | | |
Cost of sales: | ( | ( |
Gross profit(or loss): | | |
Operating profit(or loss): | | |
Profit(or loss) before tax: | | |
Profit(or loss) for the financial year: | | |
As at
Notes | 2023 | 2022 | |
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| £ | £ | |
Current assets | |||
Cash at bank and in hand: | | | |
Total current assets: | | | |
Net current assets (liabilities): | | | |
Total assets less current liabilities: | | | |
Total net assets (liabilities): | | | |
Members' funds | |||
Profit and loss account: | | | |
Total members' funds: | | |
The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 July 2023
Basis of measurement and preparation
for the Period Ended 31 July 2023
2023 | 2022 | |
---|---|---|
Average number of employees during the period | | |
Midlands Adaptive Boxing Organisation CIC (MABO) for short, started in July 2021 and has been helping people from all backgrounds and abilities since. During the financial year 2022 - 2023, MABO has benefited the community in the following ways:- local residents (particularly those with impaired mobility) have been able to take part in adaptive boxing and fitness activities to promote their mental and physical health. - the youth of the community have been able to attend the Dream, Believe and Achieve project sponsored by the National Lottery and 12 attendees successfully got jobs and college placements to help with their futures. - We successfully delivered the Walsall Energy Buster program which was supported by Community Matters and we reduced fuel debt and energy bills by using fitness, education and innovative techniques to combat poor mental and physical health. - We were part of the Walsall 2040 project and used boxing and fitness to get 90 + people together and discuss what they wanted the future to be like in the year 2040.
No consultation with stakeholders
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
18 April 2024
And signed on behalf of the board by:
Name: Craig Adams
Status: Director