REGISTERED COMPANY NUMBER: 05511166 (England and Wales)

REGISTERED CHARITY NUMBER: 1095693

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 July 2025

for

Chester Boxers Limited

Page

Report of the Trustees

1

to

2

Independent Examiner's Report

3

Statement of Financial Activities

4

Balance Sheet

5

to

6

Notes to the Financial Statements

7

to

12

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 July 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The objectives of the charity are to continue the promotion of community participation and education in healthy recreation, in particular, by the provision of facilities for boxing and martial arts.

FINANCIAL REVIEW

Financial position

The Charity has maintained it's financial position in the year, despite ongoing rises in minimum wage, heat and light, together with expenses generally.

The Charity is happy that it has sufficient reserves and activity to maintain the furtherance of its objectives in the future.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

05511166 (England and Wales)

Registered Charity number

1095693

Registered office

Unit 3, Lightfoot Business Centre

Cestrian Court

Lightfoot Street

Chester

CH2 3AD

Trustees

S Goodwin

P Brocklehurst

K P Sweeney

C Kappler

Company Secretary

C Kappler

Independent Examiner

Paul Simmons FCA

Kinsella Clarke Limited

61 Stanley Road

Bootle

Merseyside

L20 7BZ

Approved by order of the board of trustees on 29 April 2026 and signed on its behalf by:

S Goodwin - Trustee

Independent examiner's report to the trustees of Chester Boxers Limited ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 July 2025.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1.	accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

2.	the accounts do not accord with those records; or

3.	the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

4.

the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Paul Simmons FCA

Kinsella Clarke Limited

61 Stanley Road

Bootle

Merseyside

L20 7BZ

29 April 2026

31.7.25

31.7.24

Unrestricted

Total

fund

funds

Notes

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

53,404

36,750

Other trading activities

2

11,643

14,577

Total

65,047

51,327

EXPENDITURE ON

Raising funds

3

48,298

52,175

Other

15,275

20,389

Total

63,573

72,564

NET INCOME/(EXPENDITURE)

1,474

(21,237

)

RECONCILIATION OF FUNDS

Total funds brought forward

24,108

45,345

TOTAL FUNDS CARRIED FORWARD

25,582

24,108

31.7.25

31.7.24

Unrestricted

Total

fund

funds

Notes

£

£

FIXED ASSETS

Tangible assets

8

45,513

60,788

CURRENT ASSETS

Stocks

9

1,500

1,500

Debtors

10

254

254

Cash at bank and in hand

3,321

1,622

5,075

3,376

CREDITORS

Amounts falling due within one year

11

(25,006

)

(40,056

)

NET CURRENT ASSETS

(19,931

)

(36,680

)

TOTAL ASSETS LESS CURRENT LIABILITIES

25,582

24,108

NET ASSETS

25,582

24,108

FUNDS

13

Unrestricted funds

25,582

24,108

TOTAL FUNDS

25,582

24,108

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a)	ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 29 April 2026 and were signed on its behalf by:

S Goodwin - Trustee

C Kappler - Trustee

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

20% on cost

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

20% on cost

Motor vehicles

-

15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

The charity is exempt from corporation tax on its charitable activities.

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.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

2.	OTHER TRADING ACTIVITIES

31.7.25

31.7.24

£

£

Shop income

11,643

14,577

3.	RAISING FUNDS

Raising donations and legacies

31.7.25

31.7.24

£

£

Support costs

25,532

4,463

Investment management costs

31.7.25

31.7.24

£

£

Staff costs

14,007

18,016

Aggregate amounts

48,298

52,175

4.	NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

31.7.25

31.7.24

£

£

Depreciation - owned assets

15,275

20,389

Hire of plant and machinery

-

1,054

5.	TRUSTEES' REMUNERATION AND BENEFITS

During the year one of the Trustees received salary and pension contributions of £14,006.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 July 2025 nor for the year ended 31 July 2024.

6.	STAFF COSTS

The average monthly number of employees during the year was as follows:

31.7.25

31.7.24

Support staff

1

1

No employees received emoluments in excess of £60,000.

7.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

fund

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

36,750

Other trading activities

14,577

Total

51,327

EXPENDITURE ON

Raising funds

52,175

Other

20,389

Total

72,564

NET INCOME/(EXPENDITURE)

(21,237

)

RECONCILIATION OF FUNDS

Total funds brought forward

45,345

TOTAL FUNDS CARRIED FORWARD

24,108

8.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 August 2024 and 31 July 2025

12,210

276,448

11,457

3,840

303,955

DEPRECIATION

At 1 August 2024

12,210

216,288

11,291

3,378

243,167

Charge for year

-

15,040

166

69

15,275

At 31 July 2025

12,210

231,328

11,457

3,447

258,442

NET BOOK VALUE

At 31 July 2025

-

45,120

-

393

45,513

At 31 July 2024

-

60,160

166

462

60,788

9.

STOCKS

31.7.25

31.7.24

£

£

Stocks

1,500

1,500

10.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Prepayments and accrued income

254

254

11.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Other loans (see note 12)

12,900

30,800

Social security and other taxes

798

3,198

VAT

5,748

-

Other creditors

339

339

Accrued expenses

5,221

5,719

25,006

40,056

12.

LOANS

An analysis of the maturity of loans is given below:

31.7.25

31.7.24

£

£

Amounts falling due within one year on demand:

Other loans

12,900

30,800

13.	MOVEMENT IN FUNDS

Net

movement

At

At 1.8.24

in funds

31.7.25

£

£

£

Unrestricted funds

General fund

24,108

1,474

25,582

TOTAL FUNDS

24,108

1,474

25,582

Net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

65,047

(63,573

)

1,474

TOTAL FUNDS

65,047

(63,573

)

1,474

Comparatives for movement in funds

Net

movement

At

At 1.8.23

in funds

31.7.24

£

£

£

Unrestricted funds

General fund

45,345

(21,237

)

24,108

TOTAL FUNDS

45,345

(21,237

)

24,108

Comparative net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

51,327

(72,564

)

(21,237

)

TOTAL FUNDS

51,327

(72,564

)

(21,237

)

A current year 12 months and prior year 12 months combined position is as follows:

Net

movement

At

At 1.8.23

in funds

31.7.25

£

£

£

Unrestricted funds

General fund

45,345

(19,763

)

25,582

TOTAL FUNDS

45,345

(19,763

)

25,582

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

116,374

(136,137

)

(19,763

)

TOTAL FUNDS

116,374

(136,137

)

(19,763

)

14.	RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 July 2025.