HAMMA YOUTH ACADEMY OF SPORT AND MARTIAL ARTS CIC

Company limited by guarantee

Company Registration Number:
11683104 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2022

Period of accounts

Start date: 29 November 2021

End date: 30 November 2022

HAMMA YOUTH ACADEMY OF SPORT AND MARTIAL ARTS CIC

Contents of the Financial Statements

for the Period Ended 30 November 2022

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

HAMMA YOUTH ACADEMY OF SPORT AND MARTIAL ARTS CIC

Directors' report period ended 30 November 2022

The directors present their report with the financial statements of the company for the period ended 30 November 2022

Principal activities of the company

The principal activity of the company is is provision of martial arts training

Additional information

Small companies provision statementThis report has been prepared in accordance with the special provisions relating to companies subject to thesmall companies regime within Part 15 of the Companies Act 2006.



Directors

The directors shown below have held office during the whole of the period from
29 November 2021 to 30 November 2022

Mrs Caroline Martin
Miss Kelly Sutherland


The director shown below has held office during the period of
21 September 2022 to 30 November 2022

Mr Rami Taghouti


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
10 November 2023

And signed on behalf of the board by:
Name: Mrs Caroline Martin
Status: Director

HAMMA YOUTH ACADEMY OF SPORT AND MARTIAL ARTS CIC

Profit And Loss Account

for the Period Ended 30 November 2022

2022 2021


£

£
Turnover: 6,380 22,374
Cost of sales: ( 560 ) 0
Gross profit(or loss): 5,820 22,374
Administrative expenses: ( 12,134 ) ( 22,905 )
Operating profit(or loss): (6,314) (531)
Profit(or loss) before tax: (6,314) (531)
Profit(or loss) for the financial year: (6,314) (531)

HAMMA YOUTH ACADEMY OF SPORT AND MARTIAL ARTS CIC

Balance sheet

As at 30 November 2022

Notes 2022 2021


£

£
Fixed assets
Tangible assets: 3 17,643 10,267
Total fixed assets: 17,643 10,267
Current assets
Debtors: 4 200 200
Cash at bank and in hand: 534 10,334
Total current assets: 734 10,534
Creditors: amounts falling due within one year: 5 ( 25,997 ) ( 22,107 )
Net current assets (liabilities): (25,263) (11,573)
Total assets less current liabilities: (7,620) ( 1,306)
Total net assets (liabilities): (7,620) (1,306)
Members' funds
Profit and loss account: (7,620) ( 1,306)
Total members' funds: ( 7,620) (1,306)

The notes form part of these financial statements

HAMMA YOUTH ACADEMY OF SPORT AND MARTIAL ARTS CIC

Balance sheet statements

For the year ending 30 November 2022 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 10 November 2023
and signed on behalf of the board by:

Name: Mrs Caroline Martin
Status: Director

The notes form part of these financial statements

HAMMA YOUTH ACADEMY OF SPORT AND MARTIAL ARTS CIC

Notes to the Financial Statements

for the Period Ended 30 November 2022

  • 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 comprises the fair value of the consideration received or receivable for the sale of goods and provisionof services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax,returns, rebates and discounts.The company recognises revenue when:The amount of revenue can be reliably measured;it is probable that future economic benefits will flow to the entity;and specific criteria have been met for each of the company's activities.

    Tangible fixed assets depreciation policy

    Tangible Fixed assets depreciated on a 20% straight line basis.

    Other accounting policies

    Summary of significant accounting policies and key accounting estimatesThe principal accounting policies applied in the preparation of these financial statements are set out below.These policies have been consistently applied to all the years presented, unless otherwise stated.Statement of complianceThese financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1Asmaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland'and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).Basis of preparationThese financial statements have been prepared using the historical cost convention except that as disclosed inthe accounting policies certain items are shown at fair value.Government grantsGovernment grants are recognised based on the accrual model and are measured at the fair value of the assetreceived or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenueare recognised in income over the period in which the related costs are recognised. Grants relating to assets arerecognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it isrecognised as deferred income.Other grantsOther grants are recognised on the same basis as government grants unless otherwise specified.Cash and cash equivalentsCash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquidinvestments that are readily convertible to a known amount of cash and are subject to an insignificant risk ofchange in value.Trade debtorsTrade debtors are amounts due from customers for merchandise sold or services performed in the ordinarycourse of business.Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised costusing the effective interest method, less provision for impairment. A provision for the impairment of tradedebtors is established when there is objective evidence that the company will not be able to collect all amountsdue according to the original terms of the receivables.Trade creditorsTrade creditors are obligations to pay for goods or services that have been acquired in the ordinary course ofbusiness from suppliers. Accounts payable are classified as current liabilities if the company does not have anunconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelvemonths after the reporting date. If there is an unconditional right to defer settlement for at least twelve monthsafter the reporting date, they are presented as non-current liabilities.Trade creditors are recognised initially at the transaction price and subsequently measured at amortised costusing the effective interest method.

HAMMA YOUTH ACADEMY OF SPORT AND MARTIAL ARTS CIC

Notes to the Financial Statements

for the Period Ended 30 November 2022

  • 2. Employees

    2022 2021
    Average number of employees during the period 2 2

HAMMA YOUTH ACADEMY OF SPORT AND MARTIAL ARTS CIC

Notes to the Financial Statements

for the Period Ended 30 November 2022

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 29 November 2021 11,000 11,000
Additions 11,810 11,810
Disposals
Revaluations
Transfers
At 30 November 2022 22,810 22,810
Depreciation
At 29 November 2021 733 733
Charge for year 4,434 4,434
On disposals
Other adjustments
At 30 November 2022 5,167 5,167
Net book value
At 30 November 2022 17,643 17,643
At 28 November 2021 10,267 10,267

HAMMA YOUTH ACADEMY OF SPORT AND MARTIAL ARTS CIC

Notes to the Financial Statements

for the Period Ended 30 November 2022

4. Debtors

2022 2021
£ £
Prepayments and accrued income 200 200
Total 200 200

HAMMA YOUTH ACADEMY OF SPORT AND MARTIAL ARTS CIC

Notes to the Financial Statements

for the Period Ended 30 November 2022

5. Creditors: amounts falling due within one year note

2022 2021
£ £
Accruals and deferred income 4,789 4,541
Other creditors 21,208 17,566
Total 25,997 22,107

COMMUNITY INTEREST ANNUAL REPORT

HAMMA YOUTH ACADEMY OF SPORT AND MARTIAL ARTS CIC

Company Number: 11683104 (England and Wales)

Year Ending: 30 November 2022

Company activities and impact

The aim of the company is to engage with large numbers of young people to improve their health and mental health & wellbeing whilst decreasing Anti-Social behaviour and promoting education services to those most at risk of social exclusion and employment.They achieve this aim through making martial arts and other fitness and relation training available to these groups of people in their local area. They work alongside different service users to cohort the young people and signpost them to the sessions

Consultation with stakeholders

The stakeholders of the company are mostly young people from the St Helens area, and their families. The programs run by HAMMA are mostly focused on helping young people, but through helping these young people there are wider ranging positive effects. They have made links with external service users and are currently HAF providers. The vari-ous classes, training, and sessions that HAMMA offer benefit all young people attending by improving their mental well-being and physical fitness.

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
10 November 2023

And signed on behalf of the board by:
Name: Caroline Martin
Status: Director