TREASURE SPORTS CLUB CIC

Company limited by guarantee

Company Registration Number:
13660755 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2023

Period of accounts

Start date: 1 November 2022

End date: 31 October 2023

TREASURE SPORTS CLUB CIC

Contents of the Financial Statements

for the Period Ended 31 October 2023

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

TREASURE SPORTS CLUB CIC

Directors' report period ended 31 October 2023

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

Principal activities of the company

85510 - Sports and recreation education87200 - Residential care activities for learning difficulties, mental health and substance abuse93199 - Other sports activities



Directors

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

Ashley Theophane
Basran, Harishveer


The director shown below has held office during the whole of the period from
1 November 2022 to 31 October 2023

Stephenson Natalie Samantha


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
17 November 2023

And signed on behalf of the board by:
Name: Ashley Theophane
Status: Director

TREASURE SPORTS CLUB CIC

Profit And Loss Account

for the Period Ended 31 October 2023

2023 13 months to 31 October 2022


£

£
Turnover: 140,867 17,125
Cost of sales: ( 31,851 )
Gross profit(or loss): 109,016 17,125
Administrative expenses: ( 103,427 ) ( 15,230 )
Operating profit(or loss): 5,589 1,895
Profit(or loss) before tax: 5,589 1,895
Tax: ( 1,061 ) ( 360 )
Profit(or loss) for the financial year: 4,528 1,535

TREASURE SPORTS CLUB CIC

Balance sheet

As at 31 October 2023

Notes 2023 13 months to 31 October 2022


£

£
Current assets
Debtors: 3 11,671
Cash at bank and in hand: 1,331 3,090
Total current assets: 13,002 3,090
Creditors: amounts falling due within one year: 4 ( 6,939 ) ( 1,555 )
Net current assets (liabilities): 6,063 1,535
Total assets less current liabilities: 6,063 1,535
Total net assets (liabilities): 6,063 1,535
Members' funds
Profit and loss account: 6,063 1,535
Total members' funds: 6,063 1,535

The notes form part of these financial statements

TREASURE SPORTS CLUB CIC

Balance sheet statements

For the year ending 31 October 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 17 November 2023
and signed on behalf of the board by:

Name: Ashley Theophane
Status: Director

The notes form part of these financial statements

TREASURE SPORTS CLUB CIC

Notes to the Financial Statements

for the Period Ended 31 October 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

TREASURE SPORTS CLUB CIC

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 2. Employees

    2023 13 months to 31 October 2022
    Average number of employees during the period 3 3

TREASURE SPORTS CLUB CIC

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Debtors

2023 13 months to 31 October 2022
£ £
Other debtors 11,671
Total 11,671

TREASURE SPORTS CLUB CIC

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Creditors: amounts falling due within one year note

2023 13 months to 31 October 2022
£ £
Taxation and social security 6,639 360
Accruals and deferred income 300 250
Other creditors 945
Total 6,939 1,555

TREASURE SPORTS CLUB CIC

Notes to the Financial Statements

for the Period Ended 31 October 2023

5. Loans to directors

Name of director receiving advance or credit: Ashley Theophane
Description of the transaction:
£11671
£
Balance at 31 October 2022
Advances or credits made: 11,671
Advances or credits repaid:
Balance at 31 October 2023 11,671

COMMUNITY INTEREST ANNUAL REPORT

TREASURE SPORTS CLUB CIC

Company Number: 13660755 (England and Wales)

Year Ending: 31 October 2023

Company activities and impact

The Company provides following activities for the benefit of community.- Holiday Camps: The holiday camps provide opportunity for young kids learning new skills, make friends, we support them develop their mental health by exercising.- After School Club: The company provides after school club opportunities to do exercise, other positive activities include after school childcare support, which leaves children happy in the community. - Mentoring Young Children: Young children will be given free motivational advice, helping them with their aims and career.- Women self Defence Classes: Providing classes to women about how to defend themselves if attacked on streets.- Community Based Projects: Providing other community-based projects for vulnerable young children.

Consultation with stakeholders

The company’s stakeholders are its residents of the community who access the clubs, its members and organisation who support the company. We as everyone using the club for the first time to fill in a short questionnaire about facilities provided. This helped us to see young people needs and what we can do to meet them more effectively. This has enabled us to identify there are more children in the community who need our help. We encourage children to refer us to their friends at school.

Directors' remuneration

£30,000

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
20 November 2023

And signed on behalf of the board by:
Name: Ashley Theophane
Status: Director