THE ENTERPRISE ACADEMY GROUP CIC

Company limited by guarantee

Company Registration Number:
13347883 (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

THE ENTERPRISE ACADEMY GROUP 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

THE ENTERPRISE ACADEMY GROUP 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

Directors

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

Abigail R Moffat


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
28 January 2025

And signed on behalf of the board by:
Name: Abigail R Moffat
Status: Director

THE ENTERPRISE ACADEMY GROUP CIC

Balance sheet

As at 30 April 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 724 125
Total fixed assets: 724 125
Current assets
Cash at bank and in hand: 23,093 933
Total current assets: 23,093 933
Creditors: amounts falling due within one year: 4 ( 25,646 ) ( 13,122 )
Net current assets (liabilities): (2,553) (12,189)
Total assets less current liabilities: (1,829) ( 12,064)
Total net assets (liabilities): (1,829) (12,064)
Members' funds
Profit and loss account: (1,829) ( 12,064)
Total members' funds: ( 1,829) (12,064)

The notes form part of these financial statements

THE ENTERPRISE ACADEMY GROUP 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 28 January 2025
and signed on behalf of the board by:

Name: Abigail R Moffat
Status: Director

The notes form part of these financial statements

THE ENTERPRISE ACADEMY GROUP 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

    Tangible fixed assets depreciation policy

    Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: Computer equipment 3 Years Straightline

THE ENTERPRISE ACADEMY GROUP 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

THE ENTERPRISE ACADEMY GROUP 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 180 180
Additions 678 678
Disposals
Revaluations
Transfers
At 30 April 2024 858 858
Depreciation
At 1 May 2023 55 55
Charge for year 79 79
On disposals
Other adjustments
At 30 April 2024 134 134
Net book value
At 30 April 2024 724 724
At 30 April 2023 125 125

THE ENTERPRISE ACADEMY GROUP CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 1,385
Accruals and deferred income 24,261 13,122
Total 25,646 13,122

COMMUNITY INTEREST ANNUAL REPORT

THE ENTERPRISE ACADEMY GROUP CIC

Company Number: 13347883 (England and Wales)

Year Ending: 30 April 2024

Company activities and impact

The Enterprise Academy has continued delivering skills based workshops and programmes across the UK inspiring and empowering young people. Our programmes centre around developing skills so young people can make and create change, in their own life and in their community. Over the last year we have worked with over 20,000 more young people through programmes that have developed skills such as enterprise, social action, budgeting and employability. The Enterprise Academy’s work has raised aspirations, inspired and empowered young people nationally.

Consultation with stakeholders

The Enterprise Academy engaged a wide range of stakeholders, including staff, freelancers, partner organizations, clients, and young people, to participate in a survey and open discussions about its current work and future initiatives. The feedback received was overwhelmingly positive, emphasizing the significant impact The Enterprise Academy has had in raising young people’s aspirations and ambitions while enhancing their business knowledge and understanding. In response to these findings, we have actively adapted our programs to better align with the needs and aspirations of young people. By placing them at the heart of our design and decision-making processes, we ensure their voices are central to shaping the direction and delivery of our initiatives. This approach has allowed us to create more meaningful, relevant, and impactful programs that empower young people to thrive.

Directors' remuneration

Full details of salary in accounts, no other transactions to disclose

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
17 January 2025

And signed on behalf of the board by:
Name: A.Moffat
Status: Director