THE POLISH SCHOOL IN LOUGHBOROUGH CIC

Company limited by guarantee

Company Registration Number:
14783813 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2024

Period of accounts

Start date: 6 April 2023

End date: 30 April 2024

THE POLISH SCHOOL IN LOUGHBOROUGH CIC

Contents of the Financial Statements

for the Period Ended 30 April 2024

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

THE POLISH SCHOOL IN LOUGHBOROUGH CIC

Directors' report period ended 30 April 2024

The directors present their report with the financial statements of the company for the period ended 30 April 2024

Principal activities of the company

Education in Polish language. Polish culture, traditions, history and geography.



Directors

The director shown below has held office during the whole of the period from
6 April 2023 to 30 April 2024

Anna Rucka


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
29 August 2024

And signed on behalf of the board by:
Name: Anna Rucka
Status: Director

THE POLISH SCHOOL IN LOUGHBOROUGH CIC

Profit And Loss Account

for the Period Ended 30 April 2024

13 months to 30 April 2024


£
Turnover: 9,380
Cost of sales: ( 207 )
Gross profit(or loss): 9,173
Distribution costs: 0
Administrative expenses: ( 6,916 )
Other operating income: 0
Operating profit(or loss): 2,257
Interest receivable and similar income: 0
Interest payable and similar charges: 0
Profit(or loss) before tax: 2,257
Tax: ( 429 )
Profit(or loss) for the financial year: 1,828

THE POLISH SCHOOL IN LOUGHBOROUGH CIC

Balance sheet

As at 30 April 2024

Notes 13 months to 30 April 2024


£
Fixed assets
Intangible assets:   0
Tangible assets:   0
Investments:   0
Total fixed assets: 0
Current assets
Stocks:   0
Debtors: 3 985
Cash at bank and in hand: 2,188
Investments:   0
Total current assets: 3,173
Prepayments and accrued income: 0
Creditors: amounts falling due within one year: 4 ( 1,345 )
Net current assets (liabilities): 1,828
Total assets less current liabilities: 1,828
Creditors: amounts falling due after more than one year:   0
Provision for liabilities: 0
Accruals and deferred income: 0
Total net assets (liabilities): 1,828
Members' funds
Profit and loss account: 1,828
Total members' funds: 1,828

The notes form part of these financial statements

THE POLISH SCHOOL IN LOUGHBOROUGH CIC

Balance sheet statements

For the year ending 30 April 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 11 September 2024
and signed on behalf of the board by:

Name: Anna Rucka
Status: Director

The notes form part of these financial statements

THE POLISH SCHOOL IN LOUGHBOROUGH CIC

Notes to the Financial Statements

for the Period Ended 30 April 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

    Average number of employees Debtors Creditors General Information

THE POLISH SCHOOL IN LOUGHBOROUGH CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees

    13 months to 30 April 2024
    Average number of employees during the period 1

THE POLISH SCHOOL IN LOUGHBOROUGH CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Debtors

13 months to 30 April 2024
£
Trade debtors 670
Prepayments and accrued income 315
Other debtors 0
Total 985
Debtors due after more than one year: 0

THE POLISH SCHOOL IN LOUGHBOROUGH CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Creditors: amounts falling due within one year note

13 months to 30 April 2024
£
Bank loans and overdrafts 0
Amounts due under finance leases and hire purchase contracts 0
Trade creditors 0
Taxation and social security 429
Accruals and deferred income 500
Other creditors 416
Total 1,345

THE POLISH SCHOOL IN LOUGHBOROUGH CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

5. Loans to directors

Name of director receiving advance or credit:
Description of the transaction:
use of home
£
Balance at
Advances or credits made: 416
Advances or credits repaid:
Balance at 30 April 2024 416

COMMUNITY INTEREST ANNUAL REPORT

THE POLISH SCHOOL IN LOUGHBOROUGH CIC

Company Number: 14783813 (England and Wales)

Year Ending: 30 April 2024

Company activities and impact

The company runs The Polish School to advance the education for children of the Polish origin with a particular emphasis on Polish language, culture and traditions. The school opened for business in April 2022. During the financial year 2023-2024, the school's activities have benefited the community in the following ways: - Local families (children) - ( particularly those children who didn't speak Polish at all but their family members are Polish) have been able to learn the Polish language and the culture as well as integrate with the Polish community. - Children were able to participate in cultural activities such as Children's Day in Laxton Hall and went to the Polish theatre in London. - The school has provided opportunities for young people/students to gain experience in volunteering and supporting children in school.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £2,200. 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
16 August 2024

And signed on behalf of the board by:
Name: Anna Rucka
Status: Director