EDUCATION CENTRE - CENTRUM EDUKACYJNE BAJKA CIC

Company limited by guarantee

Company Registration Number:
SC586615 (Scotland)

Unaudited statutory accounts for the year ended 31 January 2024

Period of accounts

Start date: 1 February 2023

End date: 31 January 2024

EDUCATION CENTRE - CENTRUM EDUKACYJNE BAJKA CIC

Contents of the Financial Statements

for the Period Ended 31 January 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

EDUCATION CENTRE - CENTRUM EDUKACYJNE BAJKA CIC

Balance sheet

As at 31 January 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 28,073 7,423
Total fixed assets: 28,073 7,423
Current assets
Debtors: 4 3,252 1,604
Cash at bank and in hand: 189 382
Total current assets: 3,441 1,986
Prepayments and accrued income: 2,694 9,637
Creditors: amounts falling due within one year: 5 ( 44,616 ) ( 57,563 )
Net current assets (liabilities): (38,481) (45,940)
Total assets less current liabilities: (10,408) ( 38,517)
Creditors: amounts falling due after more than one year: 6 ( 4,020 ) ( 5,960 )
Accruals and deferred income: ( 10,168 ) ( 10,519 )
Total net assets (liabilities): (24,596) (54,996)
Members' funds
Profit and loss account: (24,596) ( 54,996)
Total members' funds: ( 24,596) (54,996)

The notes form part of these financial statements

EDUCATION CENTRE - CENTRUM EDUKACYJNE BAJKA 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 30 October 2024
and signed on behalf of the board by:

Name: Marcin W Rudzki
Status: Director

The notes form part of these financial statements

EDUCATION CENTRE - CENTRUM EDUKACYJNE BAJKA 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 represents amounts chargeable in respect of the sale of goods and services to customers.

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Plant and machinery etc - 20% on cost

EDUCATION CENTRE - CENTRUM EDUKACYJNE BAJKA CIC

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 21 13

EDUCATION CENTRE - CENTRUM EDUKACYJNE BAJKA CIC

Notes to the Financial Statements

for the Period Ended 31 January 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 February 2023 12,662 990 5,833 19,485
Additions 10,228 4,750 15,258 30,236
Disposals
Revaluations
Transfers
At 31 January 2024 22,890 5,740 21,091 49,721
Depreciation
At 1 February 2023 8,739 990 2,333 12,062
Charge for year 4,418 950 4,218 9,586
On disposals
Other adjustments
At 31 January 2024 13,157 1,940 6,551 21,648
Net book value
At 31 January 2024 9,733 3,800 14,540 28,073
At 31 January 2023 3,923 0 3,500 7,423

EDUCATION CENTRE - CENTRUM EDUKACYJNE BAJKA CIC

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Debtors

2024 2023
£ £
Other debtors 3,252 1,604
Total 3,252 1,604

EDUCATION CENTRE - CENTRUM EDUKACYJNE BAJKA CIC

Notes to the Financial Statements

for the Period Ended 31 January 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 1,980 2,040
Trade creditors 3,364 4,871
Taxation and social security 213 7,520
Other creditors 39,059 43,132
Total 44,616 57,563

EDUCATION CENTRE - CENTRUM EDUKACYJNE BAJKA CIC

Notes to the Financial Statements

for the Period Ended 31 January 2024

6. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Bank loans and overdrafts 4,020 5,960
Total 4,020 5,960

COMMUNITY INTEREST ANNUAL REPORT

EDUCATION CENTRE - CENTRUM EDUKACYJNE BAJKA CIC

Company Number: SC586615 (Scotland)

Year Ending: 31 January 2024

Company activities and impact

The most important tasks of the Education Centre – Centrum Edukacyjne Bajka CIC are: - supporting pre-school children during this crucial stage of their development, - helping them make friends and develop social skills, - aiding in the development of essential motor skills, - fostering cultural awareness among Polish children, - supporting the Polish community, - promoting Polish culture.

Consultation with stakeholders

The directors and employees of the company, who are teachers, have lived in the area for many years and have a deep understanding of the community's needs. The business has been developed by identifying and responding to these needs. Each person who accesses our services is consulted, and their feedback is recorded to help shape future service delivery.

Directors' remuneration

The aggregate amount of emoluments paid to or received by directors in respect of qualifying services was £ 44,363.77.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
30 October 2024

And signed on behalf of the board by:
Name: Marcin W Rudzki
Status: Director