DE HOOD BOXING CENTRE & COMMUNITY HUB CIO

Registered charity 1186218 · accounts filings on the Charity Commission register

The charity provides boxing, gym and recreational fitness facilities for the benefit of the public along with organised fitness and boxing classes for children, adults and families. The charity operates a peer support recovery group, a cafe with communal breakfasts and provides services such as drop-in, a benefits advice service, volunteering opportunities and is registered with England Boxing.

Objects

THE OBJECTS OF THE CIO ARE:1. THE ADVANCEMENT OF THE AMATEUR SPORT OF BOXING IN THE CITY OF SHEFFIELD FOR THE PUBLIC BENEFIT BY THE PROVISION OF FACILITIES FOR PARTICIPATION IN THE SPORT OF BOXING.2. TO ACT AS A RESOURCE FOR YOUNG PEOPLE LIVING IN THE CITY OF SHEFFIELD BY PROVIDING OR ASSISTING IN THE PROVISION OF FACILITIES FOR THE SPORT OF BOXING AND ORGANISING PROGRAMMES OF PHYSICAL AND OTHER ACTIVITIES AS A MEANS OF:A. ADVANCING IN LIFE AND HELPING YOUNG PEOPLE BY DEVELOPING THEIR SKILLS, CAPACITIES AND CAPABILITIES TO ENABLE THEM TO PARTICIPATE IN SOCIETY AS INDEPENDENT, MATURE AND RESPONSIBLE INDIVIDUALS;B. PROVIDING RECREATIONAL AND LEISURE TIME ACTIVITY IN THE INTERESTS OF SOCIAL WELFARE FOR SUCH YOUNG PEOPLE LIVING IN THE AREA OF BENEFIT WHO HAVE NEED BY REASON OF THEIR YOUTH, AGE, INFIRMITY OR DISABILITY, POVERTY OR SOCIAL AND ECONOMIC CIRCUMSTANCES WITH A VIEW TO IMPROVING THE CONDITIONS OF LIFE OF SUCH PERSONS. 3. TO FURTHER OR BENEFIT THE RESIDENTS OF THE CITY OF SHEFFIELD AND THE SURROUNDING AREAS, WITHOUT DISTINCTION OF SEX, SEXUAL ORIENTATION, RACE OR OF POLITICAL, RELIGIOUS OR OTHER OPINIONS BY ASSOCIATING TOGETHER THE SAID RESIDENTS AND THE LOCAL AUTHORITIES, VOLUNTARY AND OTHER ORGANISATIONS IN A COMMON EFFORT TO PROVIDE FACILITIES IN THE INTERESTS OF SOCIAL WELFARE FOR RECREATION AND LEISURE TIME OCCUPATION WITH THE OBJECTIVE OF IMPROVING CONDITIONS OF LIFE FOR THE RESIDENTS.IN FURTHERANCE OF THIS OBJECT BUT NOT OTHERWISE, THE TRUSTEES SHALL HAVE THE POWER:A. TO ESTABLISH OR SECURE THE ESTABLISHMENT OF A COMMUNITY CENTRE AND TO MAINTAIN OR MANAGE OR CO-OPERATE WITH ANY STATUTORY AUTHORITY OR OTHER ORGANISATION OR BODY IN THE MAINTENANCE AND MANAGEMENT OF SUCH A CENTRE FOR ACTIVITIES PROMOTED BY THE CHARITY IN FURTHERANCE OF THE ABOVE OBJECTS.

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: General Charitable Purposes · Amateur Sport · Economic/community Development/employment · Recreation · website · Get email alerts

Latest income
£56k
Latest spending
£37k
Registered
2019
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that unrestricted reserves stood at £20,829, which the trustees consider to be within their stated policy target of three to six months' expenditure. The charity reported a net income surplus of £18,929 for the year, having increased its unrestricted funds from £1,900 to £20,829.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: three and six months expenditure (held: £21k)
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six months expenditure.” — page 4
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Sheffield City

Income and spending

Financial year endIncomeSpending
31/12/2024£56k£37k
31/12/2023£48k£52k
31/12/2022£31k£56k
31/12/2021£82k£70k
31/12/2020£53k£37k

Common questions

Is DE HOOD BOXING CENTRE & COMMUNITY HUB CIO financially healthy?

Per its FY2024 accounts: The accounts state that unrestricted reserves stood at £20,829, which the trustees consider to be within their stated policy target of three to six months' expenditure. The charity reported a net income surplus of £18,929 for the year, having increased its unrestricted funds from £1,900 to £20,829. Its FY2024 accounts were independently examined.