for the Period Ended 31 October 2024
| Profit and loss | |
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
for the Period Ended
| 2024 | ||
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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 | 2024 | ||
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£ |
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| Fixed assets | |||
| Tangible assets: | 3 |
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| Total fixed assets: |
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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: | 4 |
(
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| Net current assets (liabilities): |
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| Total assets less current liabilities: |
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| Accruals and deferred income: |
(
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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 31 October 2024
Basis of measurement and preparation
Other accounting policies
for the Period Ended 31 October 2024
| 2024 | ||
|---|---|---|
| Average number of employees during the period |
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for the Period Ended 31 October 2024
| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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| Cost | £ | £ | £ | £ | £ | £ |
| Additions |
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| Disposals | ||||||
| Revaluations | ||||||
| Transfers | ||||||
| At 31 October 2024 |
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| At 31 October 2024 | ||||||
| Net book value | ||||||
| At 31 October 2024 |
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for the Period Ended 31 October 2024
| 2024 | ||
|---|---|---|
| £ | ||
| Taxation and social security |
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| Total |
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Collaborations with Local Organizations: The club has partnered with several local groups, including Winchester Go LD and Street Reach, to provide boxing training sessions tailored to individuals with learning disabilities and young people in need. These sessions are designed to promote physical activity, build confidence, and foster social inclusion.
Our boxing club is fully qualified and prepared to deliver training sessions for people with Parkinson’s, and we are exploring opportunities to start these sessions in the future. Every Thursday we also provide a free one-hour class dedicated to supporting children with mental health challenges. To ensure we remain responsive to the needs of our community, we organise trial sessions for new participants every few months, giving them an opportunity to experience the club and provide us with feedback. We have also planned a structured feedback session in December with parents and other coaches. In addition, at the entrance of the club we provide feedback slips so that participants can share their views and suggestions at any time.
The directors of the CIC receive remuneration for their work. The level of remuneration, including the payment of £40 per hour to our qualified boxing coach, is set and reviewed by the board. This rate is in line with local market rates for qualified boxing coaches and is considered reasonable, proportionate to the services provided, and consistent with the company’s community interest objectives.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
26 August 2025
And signed on behalf of the board by:
Name: FILIP DUDA
Status: Director