CENTRE FOR INGENUITY, INNOVATION AND SUSTAINABLE DEVELOPMENT LTD

Company Registration Number:
12509485 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

CENTRE FOR INGENUITY, INNOVATION AND SUSTAINABLE DEVELOPMENT LTD

Contents of the Financial Statements

for the Period Ended 31 March 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

CENTRE FOR INGENUITY, INNOVATION AND SUSTAINABLE DEVELOPMENT LTD

Company Information

for the Period Ended 31 March 2024




Director: Dr Marianne Bola Ojo
Registered office: Suite G04
1 Quality Court, Chancery Lane
London
England
WC2A 1HR
Company Registration Number: 12509485 (England and Wales)

CENTRE FOR INGENUITY, INNOVATION AND SUSTAINABLE DEVELOPMENT LTD

Directors' Report Period Ended 31 March 2024

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

Principal Activities

Educational and academic related activities. Publication and review of submissions in books and journals/manuscript publications, editorial activities, translations, proofreading are undertaken for the company, as well as on behalf of clients.

Additional information

Partnerships with other organisations which focus on climate change related issues and concerns, reducing carbon emissions to net zero targets, SDG goals and objectives, other topical related matters which impact on a national, regional and international levels, constitute the core of the company’s activities.

Directors

The directors shown below have held office during the whole of the period from 01 April 2023 to 31 March 2024
Dr Marianne Bola Ojo

This report was approved by the board of directors on 27 October 2024
And Signed On Behalf Of The Board By:

Name: Dr Marianne Bola Ojo
Status: Director

CENTRE FOR INGENUITY, INNOVATION AND SUSTAINABLE DEVELOPMENT LTD

Profit and Loss Account

for the Period Ended 31 March 2024


Notes

2024
£

2023
£
Turnover 11,200 10,500
Cost of sales ( 1,400 ) ( 1,214 )
Gross Profit or (Loss) 9,800 9,286
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 2,400 ) ( 1,800 )
Administrative Expenses ( 7,090 ) ( 7,220 )
Operating Profit or (Loss) 310 266
Profit or (Loss) Before Tax 310 266
Profit or (Loss) for Period 310 266

The notes form part of these financial statements

CENTRE FOR INGENUITY, INNOVATION AND SUSTAINABLE DEVELOPMENT LTD

Balance sheet

As at 31 March 2024


Notes

2024
£

2023
£
Fixed assets
Intangible assets: 4 9,000 7,000
Total fixed assets: 9,000 7,000
Current assets
Prepayments and accrued income: 514 420
Creditors: amounts falling due within one year: 5 ( 514 ) ( 420 )
Net current assets (liabilities): 0 0
Total assets less current liabilities: 9,000 7,000
Total net assets (liabilities): 9,000 7,000

The notes form part of these financial statements

CENTRE FOR INGENUITY, INNOVATION AND SUSTAINABLE DEVELOPMENT LTD

Balance sheet continued

As at 31 March 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 9,000 7,000
Shareholders funds: 9,000 7,000

For the year ending 31 March 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 27 October 2024
And Signed On Behalf Of The Board By:

Name: Dr Marianne Bola Ojo
Status: Director

The notes form part of these financial statements

CENTRE FOR INGENUITY, INNOVATION AND SUSTAINABLE DEVELOPMENT LTD

Notes to the Financial Statements

for the Period Ended 31 March 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

CENTRE FOR INGENUITY, INNOVATION AND SUSTAINABLE DEVELOPMENT LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 5 5

CENTRE FOR INGENUITY, INNOVATION AND SUSTAINABLE DEVELOPMENT LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 3. Off balance sheet disclosure

    No

CENTRE FOR INGENUITY, INNOVATION AND SUSTAINABLE DEVELOPMENT LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Intangible assets

Goodwill Total
Cost £ £
At 01 April 2023 7,000 7,000
Additions - -
Disposals - -
Revaluations 2,000 2,000
Transfers - -
At 31 March 2024 9,000 9,000
Amortisation
Amortisation at 01 April 2023 - -
Charge for year - -
On disposals - -
Other adjustments - -
Amortisation at 31 March 2024 - -
Net book value
Net book value at 31 March 2024 9,000 9,000
Net book value at 31 March 2023 7,000 7,000

Goodwill likely to appreciate within next twelve months

CENTRE FOR INGENUITY, INNOVATION AND SUSTAINABLE DEVELOPMENT LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

5.Creditors: amounts falling due within one year note


2024
£

2023
£
Accruals and deferred income 514 420
Total 514 420

Amounts falling due within one year subject to minor possible updates