12050883falsethe operation of a boxing academy2022-07-012023-06-30http://www.companieshouse.gov.uk/2022-06-30http://www.companieshouse.gov.uk/cd:Director12022-07-012023-06-30http://www.companieshouse.gov.uk/cd:RegisteredCharity2022-07-012023-06-30http://www.companieshouse.gov.uk/pt:ToolsEquipment2022-06-30http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-06-30http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-07-012023-06-30http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-07-012023-06-30http://www.companieshouse.gov.uk/2021-07-012022-06-30http://www.companieshouse.gov.uk/2022-07-012023-06-30http://www.companieshouse.gov.uk/2022-06-30http://www.companieshouse.gov.uk/cd:FRS1022022-07-012023-06-30http://www.companieshouse.gov.uk/2023-06-30http://www.companieshouse.gov.uk/cd:FullAccounts2022-07-012023-06-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 12050883
Charity number: 0000000

Sobers Boxing Clinic Limited

ACCOUNTS
FOR THE YEAR ENDED 30/06/2023

Prepared By:
Kojo & Co
Certified Accountants
118-120
London Road
Mitcham
Surrey
CR4 3LB

Sobers Boxing Clinic Limited

FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30/06/2023
TRUSTEES
Shane Umatali Sobers
REGISTERED OFFICE
37 Birchanger Road
London
SE25 5BA
COMPANY NUMBER
12050883
CHARITY NUMBER
0000000
ACCOUNTANTS
Kojo & Co
Certified Accountants
118-120
London Road
Mitcham
Surrey
CR4 3LB

Sobers Boxing Clinic Limited

ACCOUNTS
FOR THE YEAR ENDED 30/06/2023
CONTENTS
Page
Report of the Trustees3
Statement of Financial Activities4
Balance Sheet5
Notes to the Accounts6 to 11
Detailed Statement of Financial Activities10

Sobers Boxing Clinic Limited

TRUSTEES' REPORT
FOR THE YEAR ENDED 30/06/2023
The trustees present their report and accounts for the year ended 30/06/2023
PRINCIPAL ACTIVITIES
The principal activity of the charity in the year under review was the operation of a boxing academy.
STRUCTURE GOVERNANCE AND MANAGEMENT
structure and governance text goes here
The report was prepared in accordance with the special provisions within Part 15 of the Companies Act 2006.
This report was approved by the Board of Trustees on 20/12/2024
Shane Umatali Sobers
Trustee

Sobers Boxing Clinic Limited

Statement of Financial Activities
for the year ended30/06/2023
20232022
Unrestricted fundsRestricted fundsTotalTotal
££££
Income
Income from generated funds
Income from Investments---1,000
Income from charitable activities101,140-101,14096,811
Total Income and endowments101,140-101,14097,811
Expenses
Costs of generating funds
Expenditure on Raised funds9,270-9,270900
Expenditure on Charitable activities105,645-105,64590,315
Total Expenses114,915-114,91591,215
Net gains on investments
Net Income(13,775)-(13,775)6,596
Gains/(losses) on revaluation of fixed assests
Net movement in funds:
Net income for the year(13,775)-(13,775)6,596
Total funds brought forward(13,689)-(13,689)(20,285)
Net funds carried forward(27,464)-(27,464)(13,689)
This statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities

Sobers Boxing Clinic Limited

BALANCE SHEET AT 30/06/2023
20232022
Notes££
FIXED ASSETS
Tangible assets4-1,650
CURRENT ASSETS
Debtors (amounts falling due within one year)512,32123,495
Cash at bank and in hand243
12,34523,498
CREDITORS: Amounts falling due within one year611,9579,825
NET CURRENT ASSETS38813,673
TOTAL ASSETS LESS CURRENT LIABILITIES38815,323
CREDITORS: Amounts falling due after more than one year727,85229,012
NET LIABILITIES(27,464)(13,689)
CAPITAL AND RESERVES
Unrestricted funds9
General fund(27,464)(13,689)
(27,464)(13,689)
For the year ending 30/06/2023 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 in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of trustees on 20/12/2024 and signed on their behalf by
.............................
Shane Umatali Sobers
Trustee

Sobers Boxing Clinic Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/06/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
1b. Incoming Resources
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
1c. Resources Expended
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
1d. Allocation And Apportionment Of Costs
All costs relate to the single activity of the charitable company and are recognised accordingly.
1e. Fund Accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Designated funds are funds set aside by the trustees out of unrestricted general funds for the specific future purposes or projects.
1f. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Equipmentstraight line 25%

Sobers Boxing Clinic Limited

1g. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.
2. DIRECTORS AND EMPLOYEES
Particulars of employees (including directors) are shown below:
Employee costs during the year amounted to: 20232022
££
Wages and salaries42,72057,720
42,72057,720
The average weekly numbers of employees during the year were as follows:
20232022
No.No.
Management and administration55
55
3. EMPLOYEES
20232022
No.No.
Average number of employees55
4. TANGIBLE FIXED ASSETS
EquipmentTotal
££
Cost
At 01/07/20226,6006,600
At 30/06/20236,6006,600
Depreciation
At 01/07/20224,9504,950
For the year1,6501,650
At 30/06/20236,6006,600
Net Book Amounts
At 30/06/2023--
At 30/06/20221,6501,650

Sobers Boxing Clinic Limited

5. DEBTORS 20232022
££
Amounts falling due within one year:
Other debtors12,32123,495
12,32123,495
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
Bank loans and overdrafts-9
Taxation and social security6,5083,986
Other creditors5,4495,830
11,9579,825
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20232022
££
Bank loans and overdrafts27,85229,012
27,85229,012
8. LIMITED BY GUARANTEE
The company is limited by guarantee and does not have a share capital. Each member gives a guarantee to contribute a sum not exceeding £1, to the company should it be wound up. At 30/06/2023 there were 3 members.

Sobers Boxing Clinic Limited

9. UNRESTRICTED FUNDS
Brought forwardIncoming resourcesOutgoing resourcesTransfersCarried forward
£££££
General fund(13,689)101,141(114,916)-(27,464)
(13,689)101,141(114,916)-(27,464)
10. RESTRICTED FUNDS
Brought forwardIncoming resourcesOutgoing resourcesTransfersCarried forward
£££££

Sobers Boxing Clinic Limited

Incoming Resources
for the year ended30/06/2023
20232022
££
Incoming resources
Incoming resources from generated funds
Bank interest receivable
Grants receivable-1,000
-1,000
-1,000
Invcome from users
Other trading income101,14096,811
101,14096,811
101,14096,811
101,14097,811

Sobers Boxing Clinic Limited

Expenses
for the year ended30/06/2023
20232022
££
Expenses
Costs of generating funds
Costs Of Generating Voluntary Income
Purchases9,270900
9,270900
9,270900
Charitable Activities
Advertising and sales promotion5,0651,727
Heat and light272243
Rent27,51719,836
Repairs and renewals15,0201,884
General wages42,72057,720
Training1,2601,200
Travelling expenses3,3912,694
Professional fees1,150700
Insurance990747
Stationery & office supplies15560
Telephone 1,80050
Licences550275
Bank charges580979
Bank interest523550
Depreciation of equipment1,6501,650
102,64390,315
Governance Costs
Coaching fees3,002-
3,002-
114,91591,215