ACADEDMY DOVER CIC

Company limited by guarantee

Company Registration Number:
14448000 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2023

Period of accounts

Start date: 27 October 2022

End date: 31 October 2023

ACADEDMY DOVER CIC

Contents of the Financial Statements

for the Period Ended 31 October 2023

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

ACADEDMY DOVER CIC

Profit And Loss Account

for the Period Ended 31 October 2023

2023


£
Turnover: 6,631
Cost of sales: ( 140 )
Gross profit(or loss): 6,491
Administrative expenses: ( 8,230 )
Operating profit(or loss): (1,739)
Profit(or loss) before tax: (1,739)
Profit(or loss) for the financial year: (1,739)

ACADEDMY DOVER CIC

Balance sheet

As at 31 October 2023

Notes 2023


£
Fixed assets
Tangible assets: 3 8,593
Total fixed assets: 8,593
Current assets
Debtors: 4 1,600
Cash at bank and in hand: 28
Total current assets: 1,628
Creditors: amounts falling due within one year: 5 ( 11,960 )
Net current assets (liabilities): (10,332)
Total assets less current liabilities: (1,739)
Total net assets (liabilities): (1,739)
Members' funds
Profit and loss account: (1,739)
Total members' funds: ( 1,739)

The notes form part of these financial statements

ACADEDMY DOVER CIC

Balance sheet statements

For the year ending 31 October 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 11 October 2024
and signed on behalf of the board by:

Name: W D Morley
Status: Director

The notes form part of these financial statements

ACADEDMY DOVER CIC

Notes to the Financial Statements

for the Period Ended 31 October 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 fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts. The company recognises revenue when: The amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the entity; and specific criteria have been met for each of the company's activities.

    Tangible fixed assets depreciation policy

    Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows: Asset class Depreciation method and rate Furniture, fittings, tools and equipment 25% reducing balance

ACADEDMY DOVER CIC

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 2. Employees

    2023
    Average number of employees during the period 4

ACADEDMY DOVER CIC

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 9,370 9,370
Disposals
Revaluations
Transfers
At 31 October 2023 9,370 9,370
Depreciation
Charge for year 777 777
On disposals
Other adjustments
At 31 October 2023 777 777
Net book value
At 31 October 2023 8,593 8,593

ACADEDMY DOVER CIC

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Debtors

2023
£
Prepayments and accrued income 1,600
Total 1,600

ACADEDMY DOVER CIC

Notes to the Financial Statements

for the Period Ended 31 October 2023

5. Creditors: amounts falling due within one year note

2023
£
Bank loans and overdrafts 11,060
Accruals and deferred income 900
Total 11,960

COMMUNITY INTEREST ANNUAL REPORT

ACADEDMY DOVER CIC

Company Number: 14448000 (England and Wales)

Year Ending: 31 October 2023

Company activities and impact

At the Academy Dover we are a fitness and wellbeing centre that specialises in combat sports clubs such as boxing and muay thai and also wellbeing and mental health such as yoga and our support group . We have paid memberships and also offer free sessions. We host our mental health support group free of charge , schools intervention programme free of charge and our sports clubs under memberships and also our SEND/ASD classes , putting everything back into covering the costs for the upkeep. This has made a big impact on the local community offering children who would not normally have the chance to attend the groups and clubs provided.

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
8 October 2024

And signed on behalf of the board by:
Name: W D Morley
Status: Director