for the Period Ended 30 November 2023
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 30 November 2023
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
1 December 2022
to
30 November 2023
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
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
2023 | 2022 | |
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£ |
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Turnover: |
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Cost of sales: |
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Gross profit(or loss): |
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Administrative expenses: |
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Operating profit(or loss): |
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Profit(or loss) before tax: |
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Tax: |
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Profit(or loss) for the financial year: |
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As at
Notes | 2023 | 2022 | |
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£ |
£ |
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Current assets | |||
Cash at bank and in hand: |
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Total current assets: |
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Creditors: amounts falling due within one year: | 3 |
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Net current assets (liabilities): |
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Total assets less current liabilities: |
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Total net assets (liabilities): |
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Members' funds | |||
Profit and loss account: |
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Total members' funds: |
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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 30 November 2023
Basis of measurement and preparation
Turnover policy
for the Period Ended 30 November 2023
2023 | 2022 | |
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Average number of employees during the period |
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for the Period Ended 30 November 2023
2023 | 2022 | |
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£ | £ | |
Trade creditors |
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Taxation and social security |
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Other creditors |
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Total |
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Elite Community Hub provides free boxing and fitness classes tailored for individuals over 50, promoting health and wellness in our senior community. Our most successful and long running program provides Children aged 6-19 free boxing sessions, fostering physical activity and skill development in a supportive environment. Our free SEN Boxing classes cater to individuals with special educational needs, ensuring inclusivity and empowerment through sport. Transforming Lives, our initiative for those affected by substance misuse, provides a supportive community and resources for recovery. Partnering with local schools, such as Harper Green, we offer boxing sessions to engage youth positively and promote healthy lifestyles. Collaborating with organizations such as the Youth Offending Team and Salford Foundation, we provide support and mentorship through boxing for at-risk youth and those involved in crime. Ricky's Club, our fortnightly men's mental health group, offers a safe space for support and a warm space for men to open up. Educational seminars with esteemed guests, such as Phil Richards, who is a world renowned performance coach. These provide valuable insights and knowledge to our community members Partnering with Phenix Division, an ex-veterans group, we offer weekly boxing classes for ex veterans to create camaraderie for those with shared experiences. We also partner with Phenix Division to offer a first qualification to troubled youth. Through partnerships like Classroom Kitchen, we empower troubled youth with culinary skills, fostering confidence and employability. With around 30 dedicated volunteers, we continue to expand our impact and provide essential support to our community initiatives.
The company stakeholders are the residents of Halliwell in Bolton. The directors have lived and worked in the area for many years. We asked young people in the area about the problems of the area aand boredom of young people and violence. We established a community gym providing fitness training and activities as an alternitive to boredom, petty crime and violence.
The total amounts paid to directors was £18,468. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which were required to be disclosed.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
29 August 2024
And signed on behalf of the board by:
Name: Alexander Matvienko
Status: Director