SPORT REBOOTED CIC

Company limited by guarantee

Company Registration Number:
12168145 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2024

Period of accounts

Start date: 1 September 2023

End date: 31 August 2024

SPORT REBOOTED CIC

Contents of the Financial Statements

for the Period Ended 31 August 2024

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

SPORT REBOOTED CIC

Directors' report period ended 31 August 2024

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

Principal activities of the company

To distribute, either donated items or items purchased from grants/donations income, to families in hardship to encourage participation in sporting activities, improving health and wellbeing and social inclusion. All items are issued free of charge and allow members of communities, access to sport who may be excluded due to financial circumstances.



Directors

The directors shown below have held office during the whole of the period from
1 September 2023 to 31 August 2024

Andrew Gore
Mark Glover


Secretary Patricia Bailey

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: Andrew Gore
Status: Director

SPORT REBOOTED CIC

Profit And Loss Account

for the Period Ended 31 August 2024

2024 2023


£

£
Turnover: 6,513 1,266
Cost of sales: ( 6,289 ) ( 1,176 )
Gross profit(or loss): 224 90
Distribution costs: 0 0
Administrative expenses: ( 384 ) ( 90 )
Other operating income: 0 0
Operating profit(or loss): (160) 0
Interest receivable and similar income: 160 68
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 0 68
Tax: 0 ( 13 )
Profit(or loss) for the financial year: 0 55

SPORT REBOOTED CIC

Balance sheet

As at 31 August 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 300 300
Investments:   0 0
Total fixed assets: 300 300
Current assets
Stocks: 4 1,000 400
Debtors:   0 0
Cash at bank and in hand: 10,443 7,569
Investments:   0 0
Total current assets: 11,443 7,969
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year:   0 0
Net current assets (liabilities): 11,443 7,969
Total assets less current liabilities: 11,743 8,269
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: ( 11,743 ) ( 7,900 )
Total net assets (liabilities): 0 369
Members' funds
Profit and loss account: 0 369
Total members' funds: 0 369

The notes form part of these financial statements

SPORT REBOOTED CIC

Balance sheet statements

For the year ending 31 August 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: Andrew Gore
Status: Director

The notes form part of these financial statements

SPORT REBOOTED CIC

Notes to the Financial Statements

for the Period Ended 31 August 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

SPORT REBOOTED CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

SPORT REBOOTED CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 September 2023 300 300
Additions
Disposals
Revaluations
Transfers
At 31 August 2024 300 300
Depreciation
At 1 September 2023
Charge for year
On disposals
Other adjustments
At 31 August 2024
Net book value
At 31 August 2024 300 300
At 31 August 2023 300 300

SPORT REBOOTED CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Stocks

2024 2023
£ £
Stocks 1,000 400
Payments on account 0 0
Total 1,000 400

COMMUNITY INTEREST ANNUAL REPORT

SPORT REBOOTED CIC

Company Number: 12168145 (England and Wales)

Year Ending: 31 August 2024

Company activities and impact

By distributing, either donated items or items purchased from grants/donations income, to families in hardship to encourage participation in sporting activities, improving health and wellbeing and social inclusion. All items are issued free of charge and allow members of communities, access to sport who may be excluded due to financial circumstances.

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: Andrew Gore
Status: Director