PHYSICAL IMPACT KICKBOXING ACADEMY CIC

Company limited by guarantee

Company Registration Number:
13577814 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2023

Period of accounts

Start date: 1 September 2022

End date: 31 August 2023

PHYSICAL IMPACT KICKBOXING ACADEMY CIC

Contents of the Financial Statements

for the Period Ended 31 August 2023

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

PHYSICAL IMPACT KICKBOXING ACADEMY CIC

Directors' report period ended 31 August 2023

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

Principal activities of the company

Physical well-being activities



Directors

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

Kamran Hussain


The director shown below has held office during the period of
1 September 2022 to 10 November 2022

Mohammed Ibrahim Hanif


The director shown below has held office during the period of
10 November 2022 to 31 August 2023

Sabrina Ali


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
29 August 2024

And signed on behalf of the board by:
Name: Kamran Hussain
Status: Director

PHYSICAL IMPACT KICKBOXING ACADEMY CIC

Profit And Loss Account

for the Period Ended 31 August 2023

2023 2022


£

£
Turnover: 0 16,833
Cost of sales: ( 8,040 ) ( 10,389 )
Gross profit(or loss): (8,040) 6,444
Distribution costs: 0 0
Administrative expenses: ( 1,936 ) ( 2,930 )
Other operating income: 9,915 9,735
Operating profit(or loss): (61) 13,249
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: (61) 13,249
Tax: 0 ( 2,517 )
Profit(or loss) for the financial year: (61) 10,732

PHYSICAL IMPACT KICKBOXING ACADEMY CIC

Balance sheet

As at 31 August 2023

Notes 2023 2022


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors: 3 4,764 6,325
Cash at bank and in hand: 8,492 6,924
Investments:   0 0
Total current assets: 13,256 13,249
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 4 ( 2,585 ) ( 2,517 )
Net current assets (liabilities): 10,671 10,732
Total assets less current liabilities: 10,671 10,732
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 10,671 10,732
Members' funds
Profit and loss account: 10,671 10,732
Total members' funds: 10,671 10,732

The notes form part of these financial statements

PHYSICAL IMPACT KICKBOXING ACADEMY CIC

Balance sheet statements

For the year ending 31 August 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 29 August 2024
and signed on behalf of the board by:

Name: Kamran Hussain
Status: Director

The notes form part of these financial statements

PHYSICAL IMPACT KICKBOXING ACADEMY CIC

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

PHYSICAL IMPACT KICKBOXING ACADEMY CIC

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

PHYSICAL IMPACT KICKBOXING ACADEMY CIC

Notes to the Financial Statements

for the Period Ended 31 August 2023

3. Debtors

2023 2022
£ £
Trade debtors 0 0
Prepayments and accrued income 0 0
Other debtors 4,764 6,325
Total 4,764 6,325
Debtors due after more than one year: 0 0

PHYSICAL IMPACT KICKBOXING ACADEMY CIC

Notes to the Financial Statements

for the Period Ended 31 August 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 2,585 2,517
Accruals and deferred income 0 0
Other creditors 0 0
Total 2,585 2,517

COMMUNITY INTEREST ANNUAL REPORT

PHYSICAL IMPACT KICKBOXING ACADEMY CIC

Company Number: 13577814 (England and Wales)

Year Ending: 31 August 2023

Company activities and impact

The company delivers self-defence/fitness classes for children to get them active and involved in physical activity. As well as teaching life skills such as communication and leadership which can be used in everyday life. The community has benefitted as children are off the street and channelling their energy into something positive.

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
29 August 2024

And signed on behalf of the board by:
Name: Kamran Hussain
Status: Director