INNOVATE LEARNING CENTRE CIC

Company Registration Number:
05790381 (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

INNOVATE LEARNING CENTRE CIC

Contents of the Financial Statements

for the Period Ended 30 April 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

INNOVATE LEARNING CENTRE CIC

Balance sheet

As at 30 April 2024

Notes 2024 2023


£

£
Current assets
Debtors: 3 9,200 5,200
Cash at bank and in hand: 9,047 6,450
Total current assets: 18,247 11,650
Creditors: amounts falling due within one year: 4 ( 1,024 ) ( 350 )
Net current assets (liabilities): 17,223 11,300
Total assets less current liabilities: 17,223 11,300
Total net assets (liabilities): 17,223 11,300
Capital and reserves
Called up share capital: 1 1
Other reserves: 11,299 5,300
Profit and loss account: 5,923 5,999
Total Shareholders' funds: 17,223 11,300

The notes form part of these financial statements

INNOVATE LEARNING CENTRE 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 31 January 2025
and signed on behalf of the board by:

Name: Assad Khan Latif
Status: Director

The notes form part of these financial statements

INNOVATE LEARNING CENTRE 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

INNOVATE LEARNING CENTRE 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

INNOVATE LEARNING CENTRE CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Debtors

2024 2023
£ £
Trade debtors 9,200 5,200
Total 9,200 5,200

INNOVATE LEARNING CENTRE 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 1,024 350
Total 1,024 350

COMMUNITY INTEREST ANNUAL REPORT

INNOVATE LEARNING CENTRE CIC

Company Number: 05790381 (England and Wales)

Year Ending: 30 April 2024

Company activities and impact

Our training programs have empowered numerous individuals by providing them with essential skills and knowledge, which have significantly improved their employability. Many of our trainees have successfully secured jobs, contributing to the local economy and enhancing their quality of life. Additionally, we have collaborated with local businesses to tailor our courses to meet the specific needs of the community. This has not only supported the growth of these businesses but also fos-tered a sense of community and cooperation. Moreover, we have organised various community events and workshops, creating opportunities for networking and personal development. These initiatives have brought people together, fostering a supportive and inclusive environment. Overall, our efforts have made a tangible difference in the lives of many individuals and have strengthened the community as a whole. We are committed to continuing this positive impact in the years to come.

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
31 January 2025

And signed on behalf of the board by:
Name: Assad Khan Latif
Status: Director