LINK LEARNING COMMUNITIES CIC

Company limited by guarantee

Company Registration Number:
14601252 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2024

Period of accounts

Start date: 18 January 2023

End date: 31 January 2024

LINK LEARNING COMMUNITIES CIC

Contents of the Financial Statements

for the Period Ended 31 January 2024

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

LINK LEARNING COMMUNITIES CIC

Directors' report period ended 31 January 2024

The directors present their report with the financial statements of the company for the period ended 31 January 2024

Directors

The directors shown below have held office during the whole of the period from
18 January 2023 to 31 January 2024

Zebedee Chiyonofuji Budworth
Jack De Aguilar
Emily May Hearne
Samuel Langley Richardson


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
16 October 2024

And signed on behalf of the board by:
Name: Samuel Langley Richardson
Status: Director

LINK LEARNING COMMUNITIES CIC

Profit And Loss Account

for the Period Ended 31 January 2024

2024


£
Turnover: 78,661
Cost of sales: ( 31,183 )
Gross profit(or loss): 47,478
Administrative expenses: ( 36,862 )
Operating profit(or loss): 10,616
Profit(or loss) before tax: 10,616
Profit(or loss) for the financial year: 10,616

LINK LEARNING COMMUNITIES CIC

Balance sheet

As at 31 January 2024

Notes 2024


£
Current assets
Debtors: 3 1,322
Cash at bank and in hand: 10,047
Total current assets: 11,369
Creditors: amounts falling due within one year: 4 ( 753 )
Net current assets (liabilities): 10,616
Total assets less current liabilities: 10,616
Total net assets (liabilities): 10,616
Members' funds
Profit and loss account: 10,616
Total members' funds: 10,616

The notes form part of these financial statements

LINK LEARNING COMMUNITIES 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.

This report was approved by the board of directors on 16 October 2024
and signed on behalf of the board by:

Name: Samuel Langley Richardson
Status: Director

The notes form part of these financial statements

LINK LEARNING COMMUNITIES 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 for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

    Other accounting policies

    Defined contribution plans Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

LINK LEARNING COMMUNITIES CIC

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees

    2024
    Average number of employees during the period 2

LINK LEARNING COMMUNITIES CIC

Notes to the Financial Statements

for the Period Ended 31 January 2024

3. Debtors

2024
£
Other debtors 1,322
Total 1,322

LINK LEARNING COMMUNITIES CIC

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Creditors: amounts falling due within one year note

2024
£
Accruals and deferred income 586
Other creditors 167
Total 753

COMMUNITY INTEREST ANNUAL REPORT

LINK LEARNING COMMUNITIES CIC

Company Number: 14601252 (England and Wales)

Year Ending: 31 January 2024

Company activities and impact

The company runs workshops for children and undertakes community projects, predominantly for under privileged children. During the year the company helped in excess of 200 kids.

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
16 October 2024

And signed on behalf of the board by:
Name: Samuel Langley Richardson
Status: Director