BILLINGHAM BOXING ACADEMY
Boxing Club
Financial health, per its FY2026 accounts
The accounts state that the charity generated a surplus of £90,787 for the year ended 31 March 2026, with unrestricted funds totaling £77,262. The trustees report ongoing financial pressures due to rising operational costs and the need to relocate premises, but confirm adequate resources for going concern. Free reserves are held at £54,151, which is below the stated policy target of three months of core operational expenditure.
What the accounts disclose
“the charity’s policy is to retain unrestricted reserves equivalent to at least three months of core operational expenditure” — page 5
Trustees
- Elsie Hopperchair
- Jason Wilson
- Jonathan James Young
- Judith Anne Williams
- Judith Healey
- Matthew Williams
- Stephen Edward Derby
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2026 | £177k | £86k |
Common questions
Is BILLINGHAM BOXING ACADEMY financially healthy?
Per its FY2026 accounts: The accounts state that the charity generated a surplus of £90,787 for the year ended 31 March 2026, with unrestricted funds totaling £77,262. The trustees report ongoing financial pressures due to rising operational costs and the need to relocate premises, but confirm adequate resources for going concern. Free reserves are held at £54,151, which is below the stated policy target of three months of core operational expenditure. Its FY2026 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Sport England | 23/07/2025 | £11k | Boxing & better health for teen girls at risk of crime, drug |
| Postcode Lottery | 02/07/2025 | £15k | Millionaire Street 2025 07w1 |
| Postcode Lottery | 28/04/2025 | £8k | Unrestricted Funding |