BELVEDERE BOXING CLUB CIC

Company Registration Number:
12704144 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2024

Period of accounts

Start date: 1 July 2023

End date: 30 June 2024

BELVEDERE BOXING CLUB CIC

Contents of the Financial Statements

for the Period Ended 30 June 2024

Directors report
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

BELVEDERE BOXING CLUB CIC

Directors' report period ended 30 June 2024

The directors present their report with the financial statements of the company for the period ended 30 June 2024

Principal activities of the company

The company's principal activity involves the operation of sports facilities.



Directors

The director shown below has held office during the whole of the period from
1 July 2023 to 30 June 2024

Oyedamola Ojo


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
24 February 2025

And signed on behalf of the board by:
Name: Oyedamola Ojo
Status: Director

BELVEDERE BOXING CLUB CIC

Balance sheet

As at 30 June 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 245 146
Total fixed assets: 245 146
Current assets
Cash at bank and in hand: 1,123 46
Total current assets: 1,123 46
Creditors: amounts falling due within one year: 4 ( 28,720 ) ( 27,964 )
Net current assets (liabilities): (27,597) (27,918)
Total assets less current liabilities: (27,352) ( 27,772)
Provision for liabilities: ( 47 )
Total net assets (liabilities): (27,399) (27,772)
Capital and reserves
Called up share capital: 1 1
Profit and loss account: (27,400 ) (27,773 )
Total Shareholders' funds: ( 27,399 ) (27,772)

The notes form part of these financial statements

BELVEDERE BOXING CLUB CIC

Balance sheet statements

For the year ending 30 June 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.

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 24 February 2025
and signed on behalf of the board by:

Name: Oyedamola Ojo
Status: Director

The notes form part of these financial statements

BELVEDERE BOXING CLUB CIC

Notes to the Financial Statements

for the Period Ended 30 June 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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases: Fixtures & Fittings 25% on cost

BELVEDERE BOXING CLUB CIC

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 1

BELVEDERE BOXING CLUB CIC

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 July 2023 500 500
Additions 250 250
Disposals
Revaluations
Transfers
At 30 June 2024 750 750
Depreciation
At 1 July 2023 354 354
Charge for year 151 151
On disposals
Other adjustments
At 30 June 2024 505 505
Net book value
At 30 June 2024 245 245
At 30 June 2023 146 146

BELVEDERE BOXING CLUB CIC

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Accruals and deferred income 1,461 705
Other creditors 27,259 27,259
Total 28,720 27,964

COMMUNITY INTEREST ANNUAL REPORT

BELVEDERE BOXING CLUB CIC

Company Number: 12704144 (England and Wales)

Year Ending: 30 June 2024

Company activities and impact

A community boxing club.

Consultation with stakeholders

No consultation with stakeholders

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
24 February 2025

And signed on behalf of the board by:
Name: Oyedamola Ojo
Status: Director