5 WAYS BOXING ACADEMY C.I.C.

Company limited by guarantee

Company Registration Number:
09263784 (England and Wales)

Unaudited statutory accounts for the year ended 30 October 2024

Period of accounts

Start date: 1 November 2023

End date: 30 October 2024

5 WAYS BOXING ACADEMY C.I.C.

Contents of the Financial Statements

for the Period Ended 30 October 2024

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

5 WAYS BOXING ACADEMY C.I.C.

Directors' report period ended 30 October 2024

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

Principal activities of the company

The principal activity continued to be that of sports activities.



Directors

The directors shown below have held office during the whole of the period from
1 November 2023 to 30 October 2024

Kevin Dand
Michael Byrom
John Fallows
Sean Dand


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 July 2025

And signed on behalf of the board by:
Name: Kevin Dand
Status: Director

5 WAYS BOXING ACADEMY C.I.C.

Profit And Loss Account

for the Period Ended 30 October 2024

2024 2023


£

£
Turnover: 7,943 11,836
Cost of sales: ( 3,750 ) ( 5,650 )
Gross profit(or loss): 4,193 6,186
Administrative expenses: ( 4,704 ) ( 5,993 )
Operating profit(or loss): (511) 193
Profit(or loss) before tax: (511) 193
Profit(or loss) for the financial year: (511) 193

5 WAYS BOXING ACADEMY C.I.C.

Balance sheet

As at 30 October 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 2,182 2,909
Total fixed assets: 2,182 2,909
Current assets
Cash at bank and in hand: 1,397 1,154
Total current assets: 1,397 1,154
Creditors: amounts falling due within one year: 4 ( 380 ) ( 353 )
Net current assets (liabilities): 1,017 801
Total assets less current liabilities: 3,199 3,710
Total net assets (liabilities): 3,199 3,710
Members' funds
Profit and loss account: 3,199 3,710
Total members' funds: 3,199 3,710

The notes form part of these financial statements

5 WAYS BOXING ACADEMY C.I.C.

Balance sheet statements

For the year ending 30 October 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 24 July 2025
and signed on behalf of the board by:

Name: Kevin Dand
Status: Director

The notes form part of these financial statements

5 WAYS BOXING ACADEMY C.I.C.

Notes to the Financial Statements

for the Period Ended 30 October 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

    Tangible fixed assets depreciation policy

    Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: Computer Equipment 25% Reducing balance Furniture and Fittings 25% Reducing balance

5 WAYS BOXING ACADEMY C.I.C.

Notes to the Financial Statements

for the Period Ended 30 October 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 1

5 WAYS BOXING ACADEMY C.I.C.

Notes to the Financial Statements

for the Period Ended 30 October 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 November 2023 14,204 2,267 16,471
Additions
Disposals
Revaluations
Transfers
At 30 October 2024 14,204 2,267 16,471
Depreciation
At 1 November 2023 11,935 1,627 13,562
Charge for year 567 160 727
On disposals
Other adjustments
At 30 October 2024 12,502 1,787 14,289
Net book value
At 30 October 2024 1,702 480 2,182
At 31 October 2023 2,269 640 2,909

5 WAYS BOXING ACADEMY C.I.C.

Notes to the Financial Statements

for the Period Ended 30 October 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 70 49
Accruals and deferred income 300 300
Other creditors 10 4
Total 380 353

COMMUNITY INTEREST ANNUAL REPORT

5 WAYS BOXING ACADEMY C.I.C.

Company Number: 09263784 (England and Wales)

Year Ending: 30 October 2024

Company activities and impact

The company provides sporting and training facilities predominantly in the field of boxing. These services are provided without charge mainly for disadvantaged sectors of the local community.

Consultation with stakeholders

The Directors have consulted with all sectors of the community to ensure the facilities are used to a maximum extent.

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 July 2025

And signed on behalf of the board by:
Name: Kevin Dand
Status: Director