ATHENA EDUCATION SUPPORT CIC

Company limited by guarantee

Company Registration Number:
11914636 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2023

Period of accounts

Start date: 1 April 2022

End date: 31 March 2023

ATHENA EDUCATION SUPPORT CIC

Contents of the Financial Statements

for the Period Ended 31 March 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

ATHENA EDUCATION SUPPORT CIC

Directors' report period ended 31 March 2023

The directors present their report with the financial statements of the company for the period ended 31 March 2023

Directors

The directors shown below have held office during the whole of the period from
1 April 2022 to 31 March 2023

Navamoney Sandra Govender
Julie Cox
Daniel James Patterson


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
11 October 2023

And signed on behalf of the board by:
Name: Navamoney Sandra Govender
Status: Director

ATHENA EDUCATION SUPPORT CIC

Profit And Loss Account

for the Period Ended 31 March 2023

2023 2022


£

£
Turnover: 71,822 114,791
Cost of sales: ( 1,174 ) ( 5,895 )
Gross profit(or loss): 70,648 108,896
Administrative expenses: ( 69,198 ) ( 107,469 )
Operating profit(or loss): 1,450 1,427
Interest payable and similar charges: ( 337 ) ( 248 )
Profit(or loss) before tax: 1,113 1,179
Tax: 517 ( 510 )
Profit(or loss) for the financial year: 1,630 669

ATHENA EDUCATION SUPPORT CIC

Balance sheet

As at 31 March 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 70,124 10,002
Total fixed assets: 70,124 10,002
Current assets
Debtors: 4 7,000 7,000
Cash at bank and in hand: 53,662 40,015
Total current assets: 60,662 47,015
Creditors: amounts falling due within one year: 5 ( 120,531 ) ( 40,429 )
Net current assets (liabilities): (59,869) 6,586
Total assets less current liabilities: 10,255 16,588
Creditors: amounts falling due after more than one year: 6 ( 6,522 ) ( 13,969 )
Provision for liabilities: ( 1,384 ) ( 1,900 )
Total net assets (liabilities): 2,349 719
Members' funds
Profit and loss account: 2,349 719
Total members' funds: 2,349 719

The notes form part of these financial statements

ATHENA EDUCATION SUPPORT CIC

Balance sheet statements

For the year ending 31 March 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 11 October 2023
and signed on behalf of the board by:

Name: Navamoney Sandra Govender
Status: Director

The notes form part of these financial statements

ATHENA EDUCATION SUPPORT CIC

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenueearned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similarallowances.Sale of goodsTurnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This isusually at the point that the customer has signed for the delivery of the goods.Rendering of servicesTurnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract ismeasured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extentof recoverable expenses when the outcome of a contract cannot be estimated reliably.

    Tangible fixed assets depreciation policy

    Plant & Machinery SLFixtures & Fittings SLComputer Equipment SL

    Other accounting policies

    TaxationIncome tax expense represents the sum of the tax currently payable and deferred tax.The tax currently payable is based on taxable surplus for the year. Taxable surplus differs from surplus as reported in the statement of comprehensiveincome because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. Thecompany's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and thecorresponding tax bases used in the computation of taxable surplus. Deferred tax liabilities are generally recognised for all taxable timing differences.Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable surplus will beavailable against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of eachreporting period and reduced to the extent that it is no longer probable that sufficient taxable surplus will be available to allow all or part of the assetto be recovered.Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the assetrealised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilitiesare presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect thetax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle thecarrying amount of its assets and liabilities.Current or deferred tax for the year is recognised in surplus or deficit, except when they related to items that are recognised in other comprehensiveincome or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equityrespectively.

ATHENA EDUCATION SUPPORT CIC

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 4 4

ATHENA EDUCATION SUPPORT CIC

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2022 0 7,223 6,600 13,823
Additions 62,482 62,482
Disposals
Revaluations
Transfers
At 31 March 2023 62,482 7,223 6,600 76,305
Depreciation
At 1 April 2022 2,136 1,685 3,821
Charge for year 1,040 1,320 2,360
On disposals
Other adjustments
At 31 March 2023 3,176 3,005 6,181
Net book value
At 31 March 2023 62,482 4,047 3,595 70,124
At 31 March 2022 0 5,087 4,915 10,002

ATHENA EDUCATION SUPPORT CIC

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Debtors

2023 2022
£ £
Prepayments and accrued income 7,000 7,000
Total 7,000 7,000

ATHENA EDUCATION SUPPORT CIC

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 3,095
Trade creditors 0
Taxation and social security 728 10
Accruals and deferred income 116,437 35,148
Other creditors 271 5,271
Total 120,531 40,429

ATHENA EDUCATION SUPPORT CIC

Notes to the Financial Statements

for the Period Ended 31 March 2023

6. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Bank loans and overdrafts 6,522 13,969
Total 6,522 13,969

COMMUNITY INTEREST ANNUAL REPORT

ATHENA EDUCATION SUPPORT CIC

Company Number: 11914636 (England and Wales)

Year Ending: 31 March 2023

Company activities and impact

Athena Education Support CIC (AES) has been in operation since September 2019 although the company was registered in March 2019. In the year 2022-2023, we have worked with 101 children and young people who are at risk of permanent exclusion. 100% reintegrated successfully into their home schools without being permanently excluded from their main school. We have also worked with their families in training them to meet the needs of their children at home. All families shared that they valued this support and that it strengthened their relationships at home. As part of our community support, we have advised and counselled 77 families in the year 2022 – 23 and trained 25 school staff on working with children with neuro diverse conditions such as Autism and ADHD. We have supported 4 families in applying for Education and Health Care Plans and Disability Living Allowance over the year.

Consultation with stakeholders

PART 2 – CONSULTATION WITH STAKEHOLDERS – Please indicate who the company’s stakeholders are; how the stakeholders have been consulted and what action, if any, has the company taken in response to feedback from its consultations? If there has been no consultation, this should be made clear.Stakeholders are divided into the different categories of support offered: Alternative Provision: Direct stakeholders include main/home schools. Children aged 4 – 16 are referred to us for educational support. All of these children are at a risk of permanent exclusion from their main/home schools. Through this service, we also work directly with their parents and school staff such as Senior Leaders and teaching staff. Prior to accepting any referrals, we consult with both the referring schools and the families so that a planned bespoke programme for the child is devised. Our indirect stakeholders include the wider school staff such as the Administrative and Financial staff as well as Local Authority Inclusion Department that supports children at risk of permanent exclusion. Mental Health Support: Direct stakeholders include all the beneficiaries we work with. These include children and young people, adults and families who engage in the various programmes we offer. We consult regular with this target group so that the right support is offered. Indirect stakeholders include families of individuals we work with, the various local communities, Norfolk as a county, police and peers/colleagues. Training and Development: Direct stakeholders include training participants such as employees within health, social care, local authorities, voluntary, private sector and parents who work with children with autism and other comorbidities and unemployed individuals. We consult with these stakeholders to monitor and review the interventions and make any necessary changes so that the training is not only value for money but effective as well Indirect stakeholders include the larger organisations they work for, parents and carers they support, families of individuals we train, future employers and training providers. Therapeutic support to families: Direct stakeholders include all the beneficiaries we work with. These include children and young people, adults and families who engage in the various programmes we offer. We consult with these stakeholders to monitor, review and modify the bespoke support offered. Indirect stakeholders include families of individuals we work with, the various local communities, Norfolk as a county, police and peers/colleagues. Consultation takes many different forms and are both formal and informal: We use a range of consultative mediums including activity/training surveys and questionnaires, responses to social media posts, discussions and talk therapy notes, internet research, observations, multi-agency meeting notes and pre and post training/workshop self-reflection questionnaires. Responses on the quality of the service/support are captured and suggestions are always requested for improvements. These are analysed and always acted upon to improve the quality of service/support provided. Feedback is published on our website. All copies of anonymised feedback are stored securely and used as evidence when required.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
5 October 2023

And signed on behalf of the board by:
Name: Navamoney Sandra Govender
Status: Director