HUNGARIAN SCHOOL AND COMMUNITY NORTHAMPTONSHIRE MAGYAR TANODA ES KOZOSSEG NORTHAMPTONSHIRE CIC

Company limited by guarantee

Company Registration Number:
11930713 (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

HUNGARIAN SCHOOL AND COMMUNITY NORTHAMPTONSHIRE MAGYAR TANODA ES KOZOSSEG NORTHAMPTONSHIRE CIC

Contents of the Financial Statements

for the Period Ended 30 April 2024

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

HUNGARIAN SCHOOL AND COMMUNITY NORTHAMPTONSHIRE MAGYAR TANODA ES KOZOSSEG NORTHAMPTONSHIRE CIC

Profit And Loss Account

for the Period Ended 30 April 2024

2024 2023


£

£
Turnover: 4,515 7,346
Cost of sales: ( 3,921 ) ( 3,505 )
Gross profit(or loss): 594 3,841
Distribution costs: ( 38 ) ( 670 )
Administrative expenses: ( 3,402 ) ( 2,012 )
Other operating income: 2,280
Operating profit(or loss): (566) 1,159
Interest payable and similar charges: ( 31 )
Profit(or loss) before tax: (566) 1,128
Tax: ( 116 )
Profit(or loss) for the financial year: (566) 1,012

HUNGARIAN SCHOOL AND COMMUNITY NORTHAMPTONSHIRE MAGYAR TANODA ES KOZOSSEG NORTHAMPTONSHIRE CIC

Balance sheet

As at 30 April 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 388 518
Total fixed assets: 388 518
Current assets
Cash at bank and in hand: 2,683 3,043
Total current assets: 2,683 3,043
Creditors: amounts falling due within one year: 4 ( 116 ) ( 116 )
Net current assets (liabilities): 2,567 2,927
Total assets less current liabilities: 2,955 3,445
Creditors: amounts falling due after more than one year: 5 ( 2,170 ) ( 1,847 )
Total net assets (liabilities): 785 1,598
Members' funds
Profit and loss account: 785 1,598
Total members' funds: 785 1,598

The notes form part of these financial statements

HUNGARIAN SCHOOL AND COMMUNITY NORTHAMPTONSHIRE MAGYAR TANODA ES KOZOSSEG NORTHAMPTONSHIRE 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.

This report was approved by the board of directors on 29 January 2025
and signed on behalf of the board by:

Name: Reka Szucs-Voros
Status: Director

The notes form part of these financial statements

HUNGARIAN SCHOOL AND COMMUNITY NORTHAMPTONSHIRE MAGYAR TANODA ES KOZOSSEG NORTHAMPTONSHIRE 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

    straight line 20%

HUNGARIAN SCHOOL AND COMMUNITY NORTHAMPTONSHIRE MAGYAR TANODA ES KOZOSSEG NORTHAMPTONSHIRE 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

HUNGARIAN SCHOOL AND COMMUNITY NORTHAMPTONSHIRE MAGYAR TANODA ES KOZOSSEG NORTHAMPTONSHIRE 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 499 149 648
Additions
Disposals
Revaluations
Transfers
At 30 April 2024 499 149 648
Depreciation
At 1 May 2023 100 30 130
Charge for year 100 30 130
On disposals
Other adjustments
At 30 April 2024 200 60 260
Net book value
At 30 April 2024 299 89 388
At 30 April 2023 399 119 518

HUNGARIAN SCHOOL AND COMMUNITY NORTHAMPTONSHIRE MAGYAR TANODA ES KOZOSSEG NORTHAMPTONSHIRE CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 116 116
Total 116 116

HUNGARIAN SCHOOL AND COMMUNITY NORTHAMPTONSHIRE MAGYAR TANODA ES KOZOSSEG NORTHAMPTONSHIRE CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

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

2024 2023
£ £
Other creditors 2,170 1,847
Total 2,170 1,847

COMMUNITY INTEREST ANNUAL REPORT

HUNGARIAN SCHOOL AND COMMUNITY NORTHAMPTONSHIRE MAGYAR TANODA ES KOZOSSEG NORTHAMPTONSHIRE CIC

Company Number: 11930713 (England and Wales)

Year Ending: 30 April 2024

Company activities and impact

The Centre has benefited the community in the following ways: *Bringing the Hungarian community together *Teaching/ brushing up on second generation children Hungarian skills *supporting local and Hungarian small businesses *helping to keep Hungarian traditions with events such as 'Mikulas' and 'Farsang' *organising other events for Hungarian families

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
29 January 2025

And signed on behalf of the board by:
Name: Reka Szucs-Voros
Status: Director