Charity Accounts Intelreading the accounts so you don’t have to

BOXWISE FOUNDATION

Registered charity 1207392 · accounts filings on the Charity Commission register

A 10 week non contact boxing program aimed to help build confidence and discipline

Causes: Education/training · Disability · Amateur Sport · Get email alerts

Latest income
£307k
Latest spending
£144k
Registered
2024
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity ended the period with unrestricted reserves of £162,420, which represents almost four months of operational costs based on the 2025 budget. The financial position is described as strong, with total income of £306,575 significantly exceeding total expenditure of £144,155.

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

What the accounts disclose

Largest income source: Donations and legacies (98% of income)
“Donations and legacies 3 300,000” — page 8
Per its FY2024 accounts as filed with the Charity Commission.
Fundraising cost ratio: 4.9% of fundraised income, as disclosed
“Raising funds 5 15,055” — page 8
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: unclear (held: £162k)
“This represents almost 4 months of operational costs based on the 2025 budgeted monthly costs of £43k.” — page 5
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Scotland · Throughout England

Income and spending

Financial year endIncomeSpending
31/12/2024£307k£144k

Common questions

Is BOXWISE FOUNDATION financially healthy?

Per its FY2024 accounts: The accounts state that the charity ended the period with unrestricted reserves of £162,420, which represents almost four months of operational costs based on the 2025 budget. The financial position is described as strong, with total income of £306,575 significantly exceeding total expenditure of £144,155. Its FY2024 accounts were independently examined.