SIGHT TECH FOUNDATION CIC

Company limited by guarantee

Company Registration Number:
14464884 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2023

Period of accounts

Start date: 7 November 2022

End date: 30 November 2023

SIGHT TECH FOUNDATION CIC

Contents of the Financial Statements

for the Period Ended 30 November 2023

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

SIGHT TECH FOUNDATION CIC

Directors' report period ended 30 November 2023

The directors present their report with the financial statements of the company for the period ended 30 November 2023

Directors

The director shown below has held office during the period of
10 September 2023 to 30 November 2023

Mustapha Jabang


The director shown below has held office during the whole of the period from
7 November 2022 to 30 November 2023

Abdoulie Jah


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
13 September 2024

And signed on behalf of the board by:
Name: Abdoulie Jah
Status: Director

SIGHT TECH FOUNDATION CIC

Profit And Loss Account

for the Period Ended 30 November 2023

13 months to 30 November 2023


£
Turnover: 130
Gross profit(or loss): 130
Administrative expenses: ( 972 )
Operating profit(or loss): (842)
Profit(or loss) before tax: (842)
Profit(or loss) for the financial year: (842)

SIGHT TECH FOUNDATION CIC

Balance sheet

As at 30 November 2023

Notes 13 months to 30 November 2023


£
Current assets
Cash at bank and in hand: 49
Total current assets: 49
Creditors: amounts falling due within one year: 3 ( 891 )
Net current assets (liabilities): (842)
Total assets less current liabilities: (842)
Total net assets (liabilities): (842)
Members' funds
Profit and loss account: (842)
Total members' funds: ( 842)

The notes form part of these financial statements

SIGHT TECH FOUNDATION CIC

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 13 September 2024
and signed on behalf of the board by:

Name: Abdoulie Jah
Status: Director

The notes form part of these financial statements

SIGHT TECH FOUNDATION CIC

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

SIGHT TECH FOUNDATION CIC

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 0

SIGHT TECH FOUNDATION CIC

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
£
Accruals and deferred income 185
Other creditors 706
Total 891

COMMUNITY INTEREST ANNUAL REPORT

SIGHT TECH FOUNDATION CIC

Company Number: 14464884 (England and Wales)

Year Ending: 30 November 2023

Company activities and impact

Sight Tech Foundation CIC provide training and development to advance education, function skills of the African and migrant communities to enable them to compete effectively and live successfully in the UK

Consultation with stakeholders

The company stakeholders are all members of the local community i.e. those who live, work, are being educated or trained in the Nottingham area, or who share their interests. Our ethos has always been to invite the participation and involvement of everyone locally.

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
13 September 2024

And signed on behalf of the board by:
Name: Abdoulie Jah
Status: Director