IRIS Accounts Production v26.1.0.640 Other Company accounts True false Pounds 1.9.24 31.8.25 31.8.25 FY FRS 102 Unaudited Small companies regime for accounts Full Charities SORP true true true false true false true 0 0 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 08196447 2024-08-31 08196447 2025-08-31 08196447 2024-09-01 2025-08-31 08196447 2023-08-31 08196447 2023-09-01 2024-08-31 08196447 2024-08-31 08196447 ns0:CharitableCompanyLimitedByGuarantee 2024-09-01 2025-08-31 08196447 ns15:PoundSterling 2024-09-01 2025-08-31 08196447 ns11:FRS102 2024-09-01 2025-08-31 08196447 ns11:AuditExempt-NoAccountantsReport 2024-09-01 2025-08-31 08196447 ns11:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 08196447 ns11:FullAccounts 2024-09-01 2025-08-31 08196447 ns0:CharitiesSORP 2024-09-01 2025-08-31 08196447 ns0:Trustee1 2024-09-01 2025-08-31 08196447 ns0:Trustee2 2024-09-01 2025-08-31 08196447 ns0:Trustee3 2024-09-01 2025-08-31 08196447 ns0:Trustee4 2024-09-01 2025-08-31 08196447 ns11:RegisteredOffice 2024-09-01 2025-08-31 08196447 ns0:Activity8 2024-09-01 2025-08-31 08196447 ns0:Activity8 2023-09-01 2024-08-31 08196447 ns10:WithinOneYear 2025-08-31 08196447 ns10:WithinOneYear 2024-08-31 08196447 ns0:TotalUnrestrictedFunds 2025-08-31 08196447 2 2024-09-01 2025-08-31

REGISTERED COMPANY NUMBER: 08196447 (England and Wales)

REGISTERED CHARITY NUMBER: 000000

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

FOR

KNOCK OUT WRESTLING ACADEMY LTD

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CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

| Page |

| Reference and Administrative Details | 1 |

| Report of the Trustees | 2 |

| Statement of Financial Activities | 3 |

| Balance Sheet | 4 |

| Notes to the Financial Statements | 5 |  | to |  | 7

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REFERENCE AND ADMINISTRATIVE DETAILS

FOR THE YEAR ENDED 31 AUGUST 2025

| TRUSTEES | J Cooper

| G Richardson (resigned 1.1.26)

| C Richardson

| M D Snell (resigned 1.1.26)

| REGISTERED OFFICE | 56 Redshaw Avenue

| Barrow-In-Furness

| LA13 0SU

| REGISTERED COMPANY NUMBER | 08196447 (England and Wales)

| REGISTERED CHARITY NUMBER | 000000

KNOCK OUT WRESTLING ACADEMY LTD (REGISTERED NUMBER: 08196447) |

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 AUGUST 2025

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 August 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 principal activity of the charity is the provision of facilities for recreation or leisure time occupation, particularly participation in the sport of wrestling, with the object of improving the conditions of life of the people of Barrow-in-Furness and the surrounding area.

Significant activities

During the year the trustees arranged a number of wrestling shows being activities within the objects of the charity.

Public benefit

In planning their objectives and activities for the year the trustees have considered the Charity Commission guidance on public benefit, including the guidance on public benefit and fee charging. The academy relies on income from fees and charges to cover its operating costs. In setting the level of fees the trustees give careful consideration to the accessibility of the academy for those on low incomes.

Charitable status

The charity is to apply to the charity commission for registration when funds allow.

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.

Organisational structure

The charity operations are conducted by the trustees.

Risk management

The trustee have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

Approved by order of the board of trustees on 11 May 2026 and signed on its behalf by:

J Cooper - Trustee

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STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 AUGUST 2025

| 2025 |  | 2024

| Unrestricted |  | Total

| fund |  | funds

| Notes | £ | £ |

INCOME AND ENDOWMENTS FROM

Donations and legacies | 6,823 |  | 7,811 |

Investment income | 2 | 4 |  | 6 |

Total | 6,827 |  | 7,817 |

EXPENDITURE ON

Charitable activities

Exhibitions & events | 6,859 |  | 7,489 |

NET INCOME/(EXPENDITURE) | (32 | ) | 328 |

RECONCILIATION OF FUNDS

Total funds brought forward | 777 |  | 449 |

TOTAL FUNDS CARRIED FORWARD | 745 |  | 777 |

KNOCK OUT WRESTLING ACADEMY LTD (REGISTERED NUMBER: 08196447) |

BALANCE SHEET

31 AUGUST 2025

| 2025 |  | 2024

| Unrestricted |  | Total

| fund |  | funds

| Notes | £ | £ |

CURRENT ASSETS |

Cash at bank and in hand | 1,208 |  | 1,200 |

CREDITORS |

Amounts falling due within one year | 5 | (463 | ) | (423 | )

NET CURRENT ASSETS | 745 |  | 777 |

TOTAL ASSETS LESS CURRENT LIABILITIES | 745 |  | 777 |

NET ASSETS | 745 |  | 777 |

FUNDS | 6

Unrestricted funds | 745 |  | 777 |

TOTAL FUNDS | 745 |  | 777 |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 11 May 2026 and were signed on its behalf by:

J Cooper - Trustee

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NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

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.

| The financial statements have been prepared on a going concern basis. The trustees are aware that activities need to be planned on a break even basis to avoid a deficiency of net assets at the year end.

| 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.

| 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.

2. | INVESTMENT INCOME

| 2025 |  | 2024

£ | £ |

| Deposit account interest | 4 |  | 6 |  |

3. | TRUSTEES' REMUNERATION AND BENEFITS

| There were no trustees' remuneration or other benefits for the year ended 31 August 2025 nor for the year ended 31 August 2024.

| Trustees' expenses

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

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NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 AUGUST 2025

4. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

| Unrestricted

| fund

£ |

| INCOME AND ENDOWMENTS FROM

| Donations and legacies | 7,811 |

| Investment income | 6 |

| Total | 7,817 |

| EXPENDITURE ON

| Charitable activities

| Exhibitions & events | 7,489 |

| NET INCOME | 328 |

| RECONCILIATION OF FUNDS

| Total funds brought forward | 449 |

| TOTAL FUNDS CARRIED FORWARD | 777 |

5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025 | 2024 |

£ | £ |

| Accrued expenses | 463 |  | 423 |  |

6. | MOVEMENT IN FUNDS

| Net |  |

| movement |  | At |

| At 1.9.24 |  | in funds |  | 31.8.25 |

£ | £ | £ |

| Unrestricted funds

| General fund | 777 |  | (32 | ) | 745 |  |

| TOTAL FUNDS | 777 |  | (32 | ) | 745 |  |

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

| Incoming |  | Resources |  | Movement |

| resources |  | expended |  | in funds |

£ | £ | £ |

| Unrestricted funds

| General fund | 6,827 |  | (6,859 | ) | (32 | ) |

| TOTAL FUNDS | 6,827 |  | (6,859 | ) | (32 | ) |

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NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 AUGUST 2025

6. | MOVEMENT IN FUNDS - continued

| Comparatives for movement in funds

| Net |  |

| movement |  | At |

| At 1.9.23 |  | in funds |  | 31.8.24 |

£ | £ | £ |

| Unrestricted funds

| General fund | 449 |  | 328 |  | 777 |  |

| TOTAL FUNDS | 449 |  | 328 |  | 777 |  |

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

| Incoming |  | Resources |  | Movement |

| resources |  | expended |  | in funds |

£ | £ | £ |

| Unrestricted funds

| General fund | 7,817 |  | (7,489 | ) | 328 |  |

| TOTAL FUNDS | 7,817 |  | (7,489 | ) | 328 |  |

7. | RELATED PARTY DISCLOSURES

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