for the Period Ended 31 October 2024
Directors report | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 October 2024
Principal activities of the company
Directors
The director shown below has held office during the whole of the period from
1 November 2023
to
31 October 2024
The director shown below has held office during the period of
8 December 2023
to
31 October 2024
The director shown below has held office during the period of
7 December 2023
to
31 October 2024
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
And signed on behalf of the board by:
Name:
Status: Director
As at
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£ |
£ |
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Current assets | |||
Cash at bank and in hand: |
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Total current assets: |
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Creditors: amounts falling due within one year: | 3 |
(
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(
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Net current assets (liabilities): |
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( |
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Total assets less current liabilities: |
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( |
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Total net assets (liabilities): |
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( |
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Members' funds | |||
Profit and loss account: |
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( |
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Total members' funds: |
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( |
The notes form part of these financial statements
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
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 October 2024
Basis of measurement and preparation
Turnover policy
Other accounting policies
for the Period Ended 31 October 2024
2024 | 2023 | |
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Average number of employees during the period |
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for the Period Ended 31 October 2024
2024 | 2023 | |
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£ | £ | |
Other creditors |
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Total |
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SP SPORTS UK, is a company which opened in 14/10/21, to benefit the community through sports. We have benefited the community in a variety of ways: We do boxing classes weekly for children, teenagers and adults. And also do other sports such as wrestling in the school holidays for children, to give them other options in sport. We have a positive impact as the community engage with each other, we have members from all backgrounds and faiths and we have seen positive results in seeing everybody train and integrate with each other. We have collaborated with other sports CIC companies, for example as mentioned above, we also do an extra wrestling class for the children in the school holidays. We have had an impact on the community and have positive feedback, especially from the parents of the children who we also invite to the watch their children train in the classes. We have seen people get fitter and also seeing this have a positive effect on their confidence in general. We have access for everybody in the gym we teach at and also provide free parking.
The stakeholders are the people in the local community, as our coaches are well known in the community this has had a positive impact in bringing members to our club. We often ask for feedback from our members on how we can improve and move forward as a CIC. Our main sport we teach is boxing, and we spoke to our members and local residents to what other sport they would like to get involved in, as we wanted more options for them. We sent feedback forms out, with a variety of sport options and the most interest we had was wrestling. So we also incorporated an extra wrestling class which not only did the new members join for that but also our existing members got involved too. This is a practice we adopt as we continually want to grow.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
22 January 2025
And signed on behalf of the board by:
Name: Harkiran Chatha
Status: Director