GLOBAL SPIRIT ED CIC

Company Registration Number:
14529882 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2023

Period of accounts

Start date: 8 December 2022

End date: 31 August 2023

GLOBAL SPIRIT ED 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

GLOBAL SPIRIT ED 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

Directors

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

Kevin Holland


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
3 June 2024

And signed on behalf of the board by:
Name: Kevin Holland
Status: Director

GLOBAL SPIRIT ED CIC

Profit And Loss Account

for the Period Ended 31 August 2023

9 months to 31 August 2023


£
Turnover: 41,205
Gross profit(or loss): 41,205
Administrative expenses: ( 44,953 )
Operating profit(or loss): (3,748)
Interest receivable and similar income: 2,514
Profit(or loss) before tax: (1,234)
Profit(or loss) for the financial year: (1,234)

GLOBAL SPIRIT ED CIC

Balance sheet

As at 31 August 2023

Notes 9 months to 31 August 2023


£
Current assets
Debtors: 3 80,286
Cash at bank and in hand: 13,772
Total current assets: 94,058
Creditors: amounts falling due within one year: 4 ( 95,192 )
Net current assets (liabilities): (1,134)
Total assets less current liabilities: (1,134)
Total net assets (liabilities): (1,134)
Capital and reserves
Called up share capital: 100
Profit and loss account: (1,234 )
Total Shareholders' funds: ( 1,134 )

The notes form part of these financial statements

GLOBAL SPIRIT ED 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 3 June 2024
and signed on behalf of the board by:

Name: Kevin Holland
Status: Director

The notes form part of these financial statements

GLOBAL SPIRIT ED 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 Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover comprises the invoiced value of services supplied by the company, net of Value Added Tax and trade discounts.

GLOBAL SPIRIT ED CIC

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 2. Employees

    9 months to 31 August 2023
    Average number of employees during the period 2

GLOBAL SPIRIT ED CIC

Notes to the Financial Statements

for the Period Ended 31 August 2023

3. Debtors

9 months to 31 August 2023
£
Trade debtors 80,286
Total 80,286

GLOBAL SPIRIT ED CIC

Notes to the Financial Statements

for the Period Ended 31 August 2023

4. Creditors: amounts falling due within one year note

9 months to 31 August 2023
£
Trade creditors 928
Taxation and social security 17,178
Accruals and deferred income 77,086
Total 95,192

COMMUNITY INTEREST ANNUAL REPORT

GLOBAL SPIRIT ED CIC

Company Number: 14529882 (England and Wales)

Year Ending: 31 August 2023

Company activities and impact

Over this financial year, we have continued to work closely with our community of schools. We work in each educational organisation closely, building strong personal and professional relationships to support and embed the input and impact in each school setting. There are three key areas of support and activity we complete within our settings being, whole school development, teacher development and student agency. The first revolves around working closely with the leadership of the schools, highlighting what great practice exists and then building strategies to embed this and be consistent within their schools. Therefore, raising the quality of teaching the students receive, increasing learning and enhancing their opportunities in the future. Also, this ensures the community has a great school to send their children to. Secondly, to support embedding high-quality whole school impact we work closely with the teachers in developing clarity and process in using specific pedagogies in the classroom. To help with this we also support the school in developing a coaching structure for their staff professional development. Thirdly, aligning with our overarching philosophy of developing organisations where individuals can flourish, we work with the school to create opportunities where students can develop more autonomy, personal skills, and life skills. For the students to begin to be ready for the world that faces them in the future. To do this we focus on enquiry-led learning, coaching and goal setting for all students. The impact of this work has supported schools with a clarity of vision, purpose and next steps to be the best schools they can be. This in turn develops the staff and students in the school to be part of this journey. As a community, this enables parents and careers to feel secure their school is doing the very best for their children and providing the most breadth in the curriculum alongside having personal development at its core.

Consultation with stakeholders

The key stakeholders the company works alongside are; school leaders and CEOs, teachers and an education advisory board made up of experienced professionals from education. We have no formal consultation with these groups; however, we have regular meetings to inform, discuss and listen to their views. School leaders and CEOs: 2 virtual meetings and one face-to-face meeting over the year. We also speak with them regularly whilst supporting their multi-academy trust (MAT) or school. Teachers: There are lead teachers within each school or MAT, these are divided into SAIL (student agency in learning) champions, Coaching coordinators, and Research leads. We hold 2 virtual and 1 face-to-face meeting, with these groups. Education Advisory Board: We hold 2 virtual and 1 face-to-face meeting, with this group. They are the key sounding board for the progress we make and bringing new ideas to the group. There have been key areas of the business support and impact where we have listened to the network and developed the work we do with them, and how it is delivered: National conference: changed the structure, location, and input focus. Developed partnerships to support measuring impact: School Weaver project. Developed a senior leader well-being package. Engaged with a professional marketing agency to ensure clarity of communication, vision, and values.

Directors' remuneration

The aggregate amount of emoluments paid to or receivable by directors in respect of qualifying services was £37,243, this was made up of the two Director salaries drawn from the business.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
3 June 2024

And signed on behalf of the board by:
Name: Kevin Holland
Status: Director