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Company limited by guarantee

Company Registration Number:
14459393 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2023

Period of accounts

Start date: 2 November 2022

End date: 30 November 2023

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Contents of the Financial Statements

for the Period Ended 30 November 2023

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

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Profit And Loss Account

for the Period Ended 30 November 2023

13 months to 30 November 2023


£
Turnover: 8,101
Cost of sales: ( 4,398 )
Gross profit(or loss): 3,703
Distribution costs: 0
Administrative expenses: ( 954 )
Operating profit(or loss): 2,749
Interest receivable and similar income: 0
Interest payable and similar charges: 0
Profit(or loss) before tax: 2,749
Tax: ( 523 )
Profit(or loss) for the financial year: 2,226

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Balance sheet

As at 30 November 2023

Notes 13 months to 30 November 2023


£
Current assets
Cash at bank and in hand: 3,999
Total current assets: 3,999
Creditors: amounts falling due within one year: 3 ( 1,773 )
Net current assets (liabilities): 2,226
Total assets less current liabilities: 2,226
Total net assets (liabilities): 2,226
Members' funds
Profit and loss account: 2,226
Total members' funds: 2,226

The notes form part of these financial statements

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Balance sheet statements

For the year ending 30 November 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 5 February 2024
and signed on behalf of the board by:

Name: Clara Badu Amoah
Status: Director

The notes form part of these financial statements

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Notes to the Financial Statements

for the Period Ended 30 November 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 revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to dateto the total estimated contract costs.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: Freehold buildings - over 50 yearsLeasehold land and buildings - over the lease termPlant and machinery - over 5 yearsFixtures, fittings, tools and equipment - over 5 years

    Other accounting policies

    Stocks - Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

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Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Employees

    13 months to 30 November 2023
    Average number of employees during the period 6

    The number of employees is 6 full-time equivalent, which is 3.

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Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Creditors: amounts falling due within one year note

13 months to 30 November 2023
£
Taxation and social security 523
Other creditors 1,250
Total 1,773

COMMUNITY INTEREST ANNUAL REPORT

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Company Number: 14459393 (England and Wales)

Year Ending: 30 November 2023

Company activities and impact

We have been offering free 1:1 tutoring for some disadvantaged children in the community for nearly a year now, 60% of whom have special educational needs. For the pupils with special needs, we work with their schools, through their EHCPs to tailor support for a holistic approach and delivery that will benefit them. The schools and parents have already seen marked improvements in the performance and confidence of the children and are asking us for recommendations on how to replicate some of that support.The tutoring we offer is to help pupils from low-income households who would not otherwise have been able to afford such tailored support.We also provide free healthy fruits and snacks for the children who sometimes come to our Saturday school without breakfast.

Consultation with stakeholders

No consultation with stakeholders

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 February 2024

And signed on behalf of the board by:
Name: Clara Badu Amoah
Status: Director