BRONX BOXING CLUB CIC

Company limited by guarantee

Company Registration Number:
SC759291 (Scotland)

Unaudited statutory accounts for the year ended 28 February 2024

Period of accounts

Start date: 17 February 2023

End date: 28 February 2024

BRONX BOXING CLUB CIC

Contents of the Financial Statements

for the Period Ended 28 February 2024

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

BRONX BOXING CLUB CIC

Directors' report period ended 28 February 2024

The directors present their report with the financial statements of the company for the period ended 28 February 2024

Principal activities of the company

Bronx Boxing Club CIC was set up in February 2023. We had some work to do to bring the gym up to an appropriate standard before we started taking membership payments in April 2023. The gym was operating prior to these dates, however we constituted as a CIC in order to ensure we were operating for the benefit of the community of Fa'side. Our main aim is to support the local community by providing physical recreation at an affordable rate whilst supporting our local schools and sporting institutions.

Political and charitable donations

We didn't receive any political or charitable donations in this financial period.



Directors

The directors shown below have held office during the whole of the period from
17 February 2023 to 28 February 2024

Richard Snaith
John McCallum


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
18 December 2024

And signed on behalf of the board by:
Name: Richard Snaith
Status: Director

BRONX BOXING CLUB CIC

Profit And Loss Account

for the Period Ended 28 February 2024

2024


£
Turnover: 18,053
Cost of sales: ( 17,079 )
Gross profit(or loss): 974
Distribution costs: 0
Administrative expenses: 0
Other operating income: 0
Operating profit(or loss): 974
Interest receivable and similar income: 0
Interest payable and similar charges: 0
Profit(or loss) before tax: 974
Tax: 0
Profit(or loss) for the financial year: 974

BRONX BOXING CLUB CIC

Balance sheet

As at 28 February 2024

Notes 2024


£
Fixed assets
Intangible assets:   0
Tangible assets:   0
Investments:   0
Total fixed assets: 0
Current assets
Stocks:   0
Debtors:   0
Cash at bank and in hand: 0
Investments:   0
Total current assets: 0
Prepayments and accrued income: 0
Creditors: amounts falling due within one year:   0
Net current assets (liabilities): 0
Total assets less current liabilities: 0
Creditors: amounts falling due after more than one year:   0
Provision for liabilities: 0
Accruals and deferred income: 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

BRONX BOXING CLUB CIC

Balance sheet statements

For the year ending 28 February 2024 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 18 December 2024
and signed on behalf of the board by:

Name: Richard Snaith
Status: Director

The notes form part of these financial statements

BRONX BOXING CLUB CIC

Notes to the Financial Statements

for the Period Ended 28 February 2024

  • 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

BRONX BOXING CLUB CIC

Notes to the Financial Statements

for the Period Ended 28 February 2024

  • 2. Employees

    2024
    Average number of employees during the period 0

COMMUNITY INTEREST ANNUAL REPORT

BRONX BOXING CLUB CIC

Company Number: SC759291 (Scotland)

Year Ending: 28 February 2024

Company activities and impact

Bronx Boxing Club have assisted the community locally in a range of ways this financial year. We supported the P7 Transitions event that involved all 220 P7 pupils across Fa'side. Our coaches volunteered to promote positive physical and mental wellbeing and engaged with all 7 primary schools in their transition to Ross High School. We have worked closely with East Lothian Council with our volunteers supporting a range of initiatives within all the local primary schools as well as the local secondary school. We have supported a diversionary project for a group of young people who were displaying challenging behaviour. This was in partnership with the local Fa'side Area Partnership. We actively attend the Area Partnership Health and Wellbeing subgroup and we are committed participants of the Fa'side Sports Hub which incorporates all local sports groups.

Consultation with stakeholders

Stakeholders for Bronx Boxing Club CIC are the local community, the parents of our young people and the members themselves. Our stakeholder consultation concentrated on why the boxing club was an important entity within Fa'side. This consultation will be used as we liaise with East Lothian Council over a long term lease for our building.

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
18 December 2024

And signed on behalf of the board by:
Name: Richard Snaith
Status: Director