LONDON COMMUNITY BOXING LIMITED
The charity's objects ('the Objects') for the public benefit are the promotion of community participation in healthy recreation in particular by the provision of facilities for amateur boxing and boxing fitness training in London.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £14,298 for the year ended 31 March 2025, with total income of £367,666 and total expenditure of £381,964. Per the trustees' report, free reserves stood at £128,071, which is above the stated policy target of maintaining no less than three months of core annual expenditure (approximately £60,000).
What the accounts disclose
“It is our intention at present to maintain free reserves of no less than three months of core annual expenditure, which, based on current operations, is approximately £60,000.” — page 11
“During the year, £55,937 (2024 – £59,270) was charged by LCB to BPM for management services supplied to the trading subsidiary. At the balance sheet date, £99,500 (2024 – £100,488) was owed by BPM to LCB, including VAT payable, which arose in BPM but paid by the charity.” — page 25
“London Community Boxing received unrestricted donations totalling £245,000 from its Trustees, without conditions, during the period (2024 - £206,380).” — page 23
“During the year, £55,937 (2024 – £59,270) was charged by LCB to BPM for management services supplied to the trading subsidiary. At the balance sheet date, £99,500 (2024 – £100,488) was owed by BPM to LCB, including VAT payable, which arose in BPM but paid by the charity.” — page 25
“London Community Boxing received unrestricted donations totalling £245,000 from its Trustees, without conditions, during the period (2024 - £206,380).” — page 23
Property (HM Land Registry)
Trustees
- LEIGH BRUCEchair
- BEVIS ALLEN
- DAVID LAVARACK
- MADELEINE ALDRIDGE
- SOL WHYTE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £368k | £382k |
| 31/03/2024 | £350k | £355k |
| 31/03/2023 | £302k | £334k |
| 31/03/2022 | £290k | £304k |
| 31/03/2021 | £340k | £314k |
Common questions
Is LONDON COMMUNITY BOXING LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £14,298 for the year ended 31 March 2025, with total income of £367,666 and total expenditure of £381,964. Per the trustees' report, free reserves stood at £128,071, which is above the stated policy target of maintaining no less than three months of core annual expenditure (approximately £60,000). Its FY2025 accounts were independently examined.
Who funds LONDON COMMUNITY BOXING LIMITED?
Funders whose own accounts filings name LONDON COMMUNITY BOXING LIMITED as a grant recipient include UNITED ST SAVIOUR'S CHARITY, CHARTERHOUSE-IN-SOUTHWARK.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| UNITED ST SAVIOUR'S CHARITY | FY2025 | £40k | Large Grant |
| CHARTERHOUSE-IN-SOUTHWARK | FY2023 | £10k | |
| CHARTERHOUSE-IN-SOUTHWARK | FY2024 | £10k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Sport England | 06/08/2024 | £9k | Sport for Better Futures |
| The National Lottery Community Fund | 28/07/2023 | £9k | MH Boxability |
| Sport England | 23/01/2023 | £4k | Jubilee Fund - Boxercize for Women |
| Sport England | 12/05/2020 | £10k | COVID-19 CEF |
| London Borough of Southwark | 01/04/2019 | £7k | Grant to London Community Boxing Ltd |
| London Borough of Southwark | 01/04/2018 | £7k | Grant to London Community Boxing Ltd |
| London Borough of Southwark | 01/04/2017 | £3k | Grant to London Community Boxing Ltd |
| Sport England | 09/03/2017 | £73k | Community Boxing Facility Upgrade |
| Sport England | 24/11/2016 | £10k | Equipment for community boxing gym |
| Sport England | 18/05/2016 | £1k | Community Boxing Facility Upgrade |