GOLDEN GLOVES AND GOLDEN YOGA CIC

Company limited by guarantee

Company Registration Number:
13318093 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2024

Period of accounts

Start date: 1 May 2023

End date: 30 April 2024

GOLDEN GLOVES AND GOLDEN YOGA CIC

Contents of the Financial Statements

for the Period Ended 30 April 2024

Directors report
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

GOLDEN GLOVES AND GOLDEN YOGA 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

Fitness Facilities



Directors

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

KL Smith


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
10 January 2025

And signed on behalf of the board by:
Name: KL Smith
Status: Director

GOLDEN GLOVES AND GOLDEN YOGA CIC

Balance sheet

As at 30 April 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 1,050 0
Total fixed assets: 1,050 0
Current assets
Stocks: 4 1,500 0
Cash at bank and in hand: 1,122 928
Total current assets: 2,622 928
Creditors: amounts falling due within one year: 5 ( 5,163 ) ( 1,538 )
Net current assets (liabilities): (2,541) (610)
Total assets less current liabilities: (1,491) ( 610)
Total net assets (liabilities): (1,491) (610)
Members' funds
Profit and loss account: (1,491) ( 610)
Total members' funds: ( 1,491) (610)

The notes form part of these financial statements

GOLDEN GLOVES AND GOLDEN YOGA 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.

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 10 January 2025
and signed on behalf of the board by:

Name: KL Smith
Status: Director

The notes form part of these financial statements

GOLDEN GLOVES AND GOLDEN YOGA 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 represents the value of goods and services supplied during the year.

    Tangible fixed assets depreciation policy

    Depreciation is charged in order to write off the cost of tangible fixed assets over their estimated useful lives at the following annual rate Equipment 25%

GOLDEN GLOVES AND GOLDEN YOGA CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

GOLDEN GLOVES AND GOLDEN YOGA CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 May 2023 0 0
Additions 1,200 1,200
Disposals
Revaluations
Transfers
At 30 April 2024 1,200 1,200
Depreciation
At 1 May 2023 0 0
Charge for year 150 150
On disposals
Other adjustments
At 30 April 2024 150 150
Net book value
At 30 April 2024 1,050 1,050
At 30 April 2023 0 0

GOLDEN GLOVES AND GOLDEN YOGA CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Stocks

2024 2023
£ £
Stocks 1,500 0
Total 1,500 0

GOLDEN GLOVES AND GOLDEN YOGA CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Accruals and deferred income 665 500
Other creditors 4,498 1,038
Total 5,163 1,538

COMMUNITY INTEREST ANNUAL REPORT

GOLDEN GLOVES AND GOLDEN YOGA CIC

Company Number: 13318093 (England and Wales)

Year Ending: 30 April 2024

Company activities and impact

The company has provided yoga and boxing activities to underprivileged sectors of society, increasing mental wellbeing and physical health.

Consultation with stakeholders

No consultation with stakeholders

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
10 January 2025

And signed on behalf of the board by:
Name: KL Smith
Status: Director