LONDON BOXING LTD
The principal objective of London Boxing is to develop and support its boxers to achieve their upmost potential within the sport of boxing. The scope of this ranges from just getting into the ring to the optimal accolade of becoming an Olympic champion.
Financial health, per its FY2025 accounts
The accounts state that the charity carried forward unrestricted reserves of £94,566, which exceeds its stated policy target of holding three months of operating costs. The charity reported a net deficit for the year and carries no debt, with the trustees confirming adequate resources to continue as a going concern.
What the accounts disclose
“It is our policy to hold 3 months operating costs in reserves.” — page 6
“During the year ended 31 March 2024 Teresa Kelly received £12,480 in remuneration for administrative services rendered” — page 15
Trustees
- ANTHONY JAMES KENNELLY
- LENNY HAGLAND
- Teresa Mary Kelly
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £110k | £139k |
| 31/03/2024 | £202k | £141k |
Common questions
Is LONDON BOXING LTD financially healthy?
Per its FY2025 accounts: The accounts state that the charity carried forward unrestricted reserves of £94,566, which exceeds its stated policy target of holding three months of operating costs. The charity reported a net deficit for the year and carries no debt, with the trustees confirming adequate resources to continue as a going concern. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Sport England | 28/11/2023 | £10k | London Boxing Women and Girls Development Project |