EDUCALIS COMMUNITY INTEREST COMPANY

Company Registration Number:
09491236 (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

EDUCALIS COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 March 2024

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

EDUCALIS COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 31 March 2024

2024 2023


£

£
Turnover: 83,204 98,269
Cost of sales: ( 24,555 ) ( 36,397 )
Gross profit(or loss): 58,649 61,872
Administrative expenses: ( 55,205 ) ( 71,978 )
Other operating income: 11,318
Operating profit(or loss): 3,444 1,212
Interest receivable and similar income: 27 6
Interest payable and similar charges: ( 565 ) ( 668 )
Profit(or loss) before tax: 2,906 550
Profit(or loss) for the financial year: 2,906 550

EDUCALIS COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Called up share capital not paid: 1 1
Fixed assets
Tangible assets: 3 509 1,181
Total fixed assets: 509 1,181
Current assets
Debtors: 4 1,400 2,132
Cash at bank and in hand: 674 2,226
Total current assets: 2,074 4,358
Prepayments and accrued income: 1,217 3,303
Creditors: amounts falling due within one year: 5 ( 7,607 ) ( 10,396 )
Net current assets (liabilities): (4,316) (2,735)
Total assets less current liabilities: (3,806) ( 1,553)
Creditors: amounts falling due after more than one year: 6 ( 13,855 ) ( 20,676 )
Accruals and deferred income: ( 7,795 ) ( 6,134 )
Total net assets (liabilities): (25,456) (28,363)
Capital and reserves
Called up share capital: 1 1
Profit and loss account: (25,457 ) (28,364 )
Total Shareholders' funds: ( 25,456 ) (28,363)

The notes form part of these financial statements

EDUCALIS COMMUNITY INTEREST COMPANY

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 27 December 2024
and signed on behalf of the board by:

Name: Emma Blewden
Status: Director

The notes form part of these financial statements

EDUCALIS COMMUNITY INTEREST COMPANY

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

EDUCALIS COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 20 18

EDUCALIS COMMUNITY INTEREST COMPANY

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 2,975 2,326 5,301
Additions
Disposals
Revaluations
Transfers
At 31 March 2024 2,975 2,326 5,301
Depreciation
At 1 April 2023 2,325 1,795 4,120
Charge for year 353 319 672
On disposals
Other adjustments
At 31 March 2024 2,678 2,114 4,792
Net book value
At 31 March 2024 297 212 509
At 31 March 2023 650 531 1,181

EDUCALIS COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Debtors

2024 2023
£ £
Trade debtors 1,400 2,132
Prepayments and accrued income 0
Other debtors 0 0
Total 1,400 2,132
Debtors due after more than one year: 0 0

EDUCALIS COMMUNITY INTEREST COMPANY

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 2,232 2,232
Trade creditors 1,829 2,996
Other creditors 3,546 5,168
Total 7,607 10,396

EDUCALIS COMMUNITY INTEREST COMPANY

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 3,488 5,590
Other creditors 10,367 15,086
Total 13,855 20,676

COMMUNITY INTEREST ANNUAL REPORT

EDUCALIS COMMUNITY INTEREST COMPANY

Company Number: 09491236 (England and Wales)

Year Ending: 31 March 2024

Company activities and impact

Educalis CIC provides an inclusive bespoke educational service that will empower, support, and encourage individuals to engage with education, training, and employment. We want the community to know that we care, that we are here to support them, with no commercial agenda, whilst providing opportunities for young people. When families, schools and communities work together learners are more successful and the entire community benefits. This is our second financial year as a CIC and we are continuing to promote and improve the services we offer to the local and wider community. The company's activities and associated benefits include: The provision of a low cost competitive service that has made private tuition accessible and inclusive to the community, tailoring sessions to individual learner’s needs. We continue to forge relationships with local schools and provide support to those we are directly involved with, such as those students from financially disadvantaged backgrounds. We are continuing to work on a training programme to support neurodiverse students, their carers and schools. A training package is still in progress. We are working on providing a service to those who require an education other than at school on account of finding the mainstream environment challenging, or those who are electively home educated. We continue to provide employment opportunities for young people, providing them with valuable employability skills and training such as Emergency First Aid in the Workplace, Safeguarding, First Aid for Mental Health, and Neurodiversity, alongside our comprehensive induction training for tutors and mentors. We presently do not advertise our services, having very little social media presence, and continue to operate on a word of mouth basis. In the next financial year, we hope to create a role for a part time marketing officer to further promote our services. This year has seen us provide training to 20 members of staff who have undertaken 3920 tuition or training sessions to learners, of which 696 were discounted sessions, reducing costs to the community by £13,935.81. It has also seen us provide employment and training opportunities for 20 staff members who are still in full time education or training. Mental Health is still a priority for Educalis, promoting and supporting wellbeing for all stakeholders. We continue to offer Mental Health training to all staff, and provide support for staff, learners and their families. We do firmly believe that wellbeing is fundamental to any positive learning experience and we continue to focus our company activities on promoting healthy mental wellbeing and neuro-diverse inclusion.

Consultation with stakeholders

The company's stakeholders are the residents and schools of the local community and surrounding area. The directors have developed the tutoring and mentoring business model based on the needs of the local community residents and schools.We ask everyone using our tutoring and mentoring service to complete a contact details form which includes a neuro-diversity questionnaire. This enables us to build a profile for each individual so that we can support them more effectively by taking their particular learning style and educational needs into consideration. From this profile a tailored programme of learning can be developed that will enable learners to overcome any barriers to learning that they may have and empower them to reach their academic potential. In the coming financial year, we are hoping to expand the stakeholder interest to include parental workshops supporting training in ADHD, ASD and SpLD. We are also looking to offer a Dyslexia Screening Service to support the community.

Directors' remuneration

There are 2 directors and they are both also employees. The amount paid or receivable by them is processed through payroll and represents payment for their tutoring and management roles as employees. The amount as per their P60s for the financial year is £29,084 in total for both directors.There are no further payments, transactions, or arrangements in connection with the remuneration for them as 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
27 December 2024

And signed on behalf of the board by:
Name: Emma Blewden
Status: Director