PARTNERS FOR LEADERSHIP CIC

Company Registration Number:
13834830 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2024

Period of accounts

Start date: 1 February 2023

End date: 31 January 2024

PARTNERS FOR LEADERSHIP CIC

Contents of the Financial Statements

for the Period Ended 31 January 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

PARTNERS FOR LEADERSHIP CIC

Balance sheet

As at 31 January 2024

Notes 2024 13 months to 31 January 2023


£

£
Current assets
Debtors: 3 1,437 0
Cash at bank and in hand: 4,092 10,537
Total current assets: 5,529 10,537
Net current assets (liabilities): 5,529 10,537
Total assets less current liabilities: 5,529 10,537
Creditors: amounts falling due after more than one year: 4 ( 7,418 ) ( 4,302 )
Total net assets (liabilities): (1,889) 6,235
Capital and reserves
Called up share capital: 2 2
Profit and loss account: (1,891 ) 6,233
Total Shareholders' funds: ( 1,889 ) 6,235

The notes form part of these financial statements

PARTNERS FOR LEADERSHIP CIC

Balance sheet statements

For the year ending 31 January 2024 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 26 July 2024
and signed on behalf of the board by:

Name: Simon Lawder
Status: Director

The notes form part of these financial statements

PARTNERS FOR LEADERSHIP CIC

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 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 is reduced for estimated customer returns, rebates and other similar allowances.

    Other accounting policies

    Taxation Income tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities. Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

PARTNERS FOR LEADERSHIP CIC

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees

    2024 13 months to 31 January 2023
    Average number of employees during the period 2 2

PARTNERS FOR LEADERSHIP CIC

Notes to the Financial Statements

for the Period Ended 31 January 2024

3. Debtors

2024 13 months to 31 January 2023
£ £
Other debtors 1,437 0
Total 1,437 0

PARTNERS FOR LEADERSHIP CIC

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Creditors: amounts falling due after more than one year note

2024 13 months to 31 January 2023
£ £
Other creditors 7,418 4,302
Total 7,418 4,302

COMMUNITY INTEREST ANNUAL REPORT

PARTNERS FOR LEADERSHIP CIC

Company Number: 13834830 (England and Wales)

Year Ending: 31 January 2024

Company activities and impact

Our mission is: To offer a tailored, structured, inspirational and flexible development programme of the highest quality to senior leaders looking to make the next step to the top of an organisation. This has been delivered through face-to-face residential events, online masterclasses and continuous mentoring throughout the year. Our client include the Royal Air Force, the Met Office, WH Smith plc and Branding Science. Our purpose for the community is to ensure that tomorrow's leaders will do so in a more inclusive and supportive manner.

Consultation with stakeholders

Our principal stakeholders, other than our clients' delegates, are the group of independent leadership consultants who act as confidential mentors to the delegates. We are in constant touch with them, individually and as a group, seeking their views on the most relevant and effective leadership style for today's organisations -- supportive, democratic, inclusive.

Directors' remuneration

There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director's loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
26 July 2024

And signed on behalf of the board by:
Name: Simon Lawder
Status: Director