for the Period Ended 31 July 2023
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 July 2023
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
1 August 2022 to 31 July 2023
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
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
2023 | 2022 | |
---|---|---|
| £ | £ |
Turnover: | | |
Cost of sales: | ( | ( |
Gross profit(or loss): | | |
Administrative expenses: | ( | ( |
Other operating income: | | |
Operating profit(or loss): | ( | |
Interest receivable and similar income: | | |
Profit(or loss) before tax: | ( | |
Tax: | ( | ( |
Profit(or loss) for the financial year: | ( | |
As at
Notes | 2023 | 2022 | |
---|---|---|---|
| £ | £ | |
Fixed assets | |||
Tangible assets: | 3 | | |
Total fixed assets: | | | |
Current assets | |||
Debtors: | 4 | | |
Cash at bank and in hand: | | | |
Total current assets: | | | |
Creditors: amounts falling due within one year: | 5 | ( | ( |
Net current assets (liabilities): | | | |
Total assets less current liabilities: | | | |
Creditors: amounts falling due after more than one year: | 6 | ( | ( |
Total net assets (liabilities): | | | |
Members' funds | |||
Profit and loss account: | | | |
Total members' funds: | | |
The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 July 2023
Basis of measurement and preparation
Tangible fixed assets depreciation policy
for the Period Ended 31 July 2023
2023 | 2022 | |
---|---|---|
Average number of employees during the period | | |
for the Period Ended 31 July 2023
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
---|---|---|---|---|---|---|
Cost | £ | £ | £ | £ | £ | £ |
At 1 August 2022 | | | | |||
Additions | | | ||||
Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 31 July 2023 | | | | |||
Depreciation | ||||||
At 1 August 2022 | | | | |||
Charge for year | | | | |||
On disposals | ||||||
Other adjustments | ||||||
At 31 July 2023 | | | | |||
Net book value | ||||||
At 31 July 2023 | | | | |||
At 31 July 2022 | | | |
for the Period Ended 31 July 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Other debtors | | |
Total | | |
for the Period Ended 31 July 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Trade creditors | | |
Taxation and social security | | |
Accruals and deferred income | | |
Total | | |
for the Period Ended 31 July 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Bank loans and overdrafts | | |
Total | | |
for the Period Ended 31 July 2023
Name of director receiving advance or credit: | |
Description of the transaction: | |
| |
£ | |
---|---|
Balance at 31 July 2022 | |
Advances or credits made: | |
Advances or credits repaid: | |
Balance at 31 July 2023 | |
The CIC continued to grow revenue over the financial year . We have continued to provide support to our students and partners and following the opening up of schools following the COVID outbreaks we are expanding our services to the schools. We have opened up as an Alternative Education Provider to a number of Local Authorities. The CIC has once again used this time period to expand the business further by gaining more contacts and is once again looking in a better position than the previous year. It is our intention to grow into an Academy in our own right with our very own building to deliver sessions which are more inclusive to any student across the county.
The stakeholders are the parents, schools and students. We provide consultation via regular emails and newsletters
The Directors remuneration is listed within the accounts.The Director also charges the CIC £40,000 for the hire of equipment that he owns.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
8 February 2024
And signed on behalf of the board by:
Name: Giuseppe Soccio
Status: Director