ATHENA EDUCATION SUPPORT CIC

Company limited by guarantee

Company Registration Number:
11914636 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 April 2023

End date: 31 March 2024

ATHENA EDUCATION SUPPORT CIC

Contents of the Financial Statements

for the Period Ended 31 March 2024

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

ATHENA EDUCATION SUPPORT CIC

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

Directors

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

Navamoney Sandra Govender
Julie Cox
Daniel James Patterson


Secretary Samantha Jayne Burgoyne

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 November 2024

And signed on behalf of the board by:
Name: Navamoney Sandra Govender
Status: Director

ATHENA EDUCATION SUPPORT CIC

Profit And Loss Account

for the Period Ended 31 March 2024

2024 2023


£

£
Turnover: 86,750 71,822
Cost of sales: ( 324 ) ( 1,174 )
Gross profit(or loss): 86,426 70,648
Administrative expenses: ( 84,953 ) ( 69,198 )
Other operating income: 29
Operating profit(or loss): 1,502 1,450
Interest payable and similar charges: ( 1,501 ) ( 337 )
Profit(or loss) before tax: 1 1,113
Tax: 374 517
Profit(or loss) for the financial year: 375 1,630

ATHENA EDUCATION SUPPORT CIC

Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 82,927 70,124
Total fixed assets: 82,927 70,124
Current assets
Debtors: 4 8,485 7,000
Cash at bank and in hand: 68,760 53,662
Total current assets: 77,245 60,662
Creditors: amounts falling due within one year: 5 ( 148,728 ) ( 120,531 )
Net current assets (liabilities): (71,483) (59,869)
Total assets less current liabilities: 11,444 10,255
Creditors: amounts falling due after more than one year: 6 ( 7,711 ) ( 6,522 )
Provision for liabilities: ( 1,009 ) ( 1,384 )
Total net assets (liabilities): 2,724 2,349
Members' funds
Profit and loss account: 2,724 2,349
Total members' funds: 2,724 2,349

The notes form part of these financial statements

ATHENA EDUCATION SUPPORT CIC

Balance sheet statements

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 29 November 2024
and signed on behalf of the board by:

Name: Navamoney Sandra Govender
Status: Director

The notes form part of these financial statements

ATHENA EDUCATION SUPPORT CIC

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

    Turnover policy

    Turnover 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. Sale of goods Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods. Rendering of services Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases: Plant & Machinery SL Fixtures & Fittings SL Computer Equipment SL

    Other accounting policies

    Taxation Income tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable surplus for the year. Taxable surplus differs from surplus as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable surplus. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable surplus will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable surplus will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities. Current and deferred tax are recognised in surplus or deficit for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively

ATHENA EDUCATION SUPPORT CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 2 4

ATHENA EDUCATION SUPPORT CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2023 62,482 7,223 6,600 76,305
Additions 15,134 15,134
Disposals
Revaluations
Transfers
At 31 March 2024 77,616 7,223 6,600 91,439
Depreciation
At 1 April 2023 3,176 3,005 6,181
Charge for year 1,011 1,320 2,331
On disposals
Other adjustments
At 31 March 2024 4,187 4,325 8,512
Net book value
At 31 March 2024 77,616 3,036 2,275 82,927
At 31 March 2023 62,482 4,047 3,595 70,124

ATHENA EDUCATION SUPPORT CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Debtors

2024 2023
£ £
Prepayments and accrued income 7,000 7,000
Other debtors 1,485
Total 8,485 7,000

ATHENA EDUCATION SUPPORT CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 3,095
Taxation and social security 728
Accruals and deferred income 148,457 116,437
Other creditors 271 271
Total 148,728 120,531

ATHENA EDUCATION SUPPORT CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

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

2024 2023
£ £
Bank loans and overdrafts 7,711 6,522
Total 7,711 6,522

COMMUNITY INTEREST ANNUAL REPORT

ATHENA EDUCATION SUPPORT CIC

Company Number: 11914636 (England and Wales)

Year Ending: 31 March 2024

Company activities and impact

Athena Education Support CIC (AES) has been in operation since September 2019 although the company was registered in March 2019. In the year 2023-2024, we have worked with 75 children and young people who are in mainstream schools but are at risk of permanent exclusion. We have also worked with 5 children and young people who have not been in any formal schooling for at least a year. These children have previously failed mainstream or special schools and are awaiting a placement. We have also worked with 2 youngsters who have not attended school due to significant mental health difficulties. 100% of all children and young people we worked with for the year have reintegrated successfully into their home schools without being permanently excluded from their main school. Found school placements with either mainstream or special schools by the end of the 2nd or 3rd term with us because of the reports we provided Accessed additional therapeutic interventions because of the observations we conducted at Athena Athena also supports local and national families struggling to manage the needs of their children. Feedback received showed that all support offered was positively received. Due to the demand for the support services, we contracted a Systemic Family Therapist to lend further support to at least 10 families in Thetford. We have supported 8 families in applying for Education and Health Care Plans and Disability Living Allowance over the year.

Consultation with stakeholders

Stakeholders are divided into the different categories of support offered: Alternative Provision: Direct stakeholders include main/home schools. Children aged 4 – 16 are referred to us for educational support. All of these children are at a risk of permanent exclusion from their main/home schools. Through this service, we also work directly with their parents and school staff such as Senior Leaders and teaching staff. Prior to accepting any referrals, we consult with both the referring schools and the families so that a planned bespoke programme for the child is devised. Local Authority Alternative Provision Department. Children aged 4 – 16 are referred to us for educational support. These are children who are awaiting placements in schools Local Authority Virtual School. Children aged 4 – 16 who are Looked After are referred to us for educational support. Our indirect stakeholders include the wider school staff such as the Administrative and Financial staff as well as Local Authority Inclusion Department that supports children at risk of permanent exclusion. Mental Health Support: Direct stakeholders include all the beneficiaries we work with. These include children and young people, adults and families who engage in the various programmes we offer. We consult regular with this target group so that the right support is offered. Indirect stakeholders include families of individuals we work with, the various local communities, Norfolk as a county, police and peers/colleagues. Training and Development: Direct stakeholders include training participants such as employees within health, social care, local authorities, voluntary, private sector and parents who work with children with autism and other comorbidities and unemployed individuals. We consult with these stakeholders to monitor and review the interventions and make any necessary changes so that the training is not only value for money but effective as well Indirect stakeholders include the larger organisations they work for, parents and carers they support, families of individuals we train, future employers and training providers. Therapeutic support to families: Direct stakeholders include all the beneficiaries we work with. These include children and young people, adults and families who engage in the various programmes we offer. We consult with these stakeholders to monitor, review and modify the bespoke support offered. Indirect stakeholders include families of individuals we work with, the various local communities, Norfolk as a county, police and peers/colleagues. Consultation takes many different forms and are both formal and informal: We use a range of consultative mediums including activity/training surveys and questionnaires, responses to social media posts, discussions and talk therapy notes, internet research, observations, multi-agency meeting notes and pre and post training/workshop self-reflection questionnaires. Responses on the quality of the service/support are captured and suggestions are always requested for improvements. These are analysed and always acted upon to improve the quality of service/support provided. Feedback is published on our website. All copies of anonymised feedback are stored securely and used as evidence when required

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
27 November 2024

And signed on behalf of the board by:
Name: Sandra Govender
Status: Director