EFFECTIVE TRANSITION CIC

Company Registration Number:
12980256 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 1 November 2023

End date: 31 October 2024

EFFECTIVE TRANSITION CIC

Contents of the Financial Statements

for the Period Ended 31 October 2024

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

EFFECTIVE TRANSITION CIC

Directors' report period ended 31 October 2024

The directors present their report with the financial statements of the company for the period ended 31 October 2024

Principal activities of the company

85600 - Educational support services



Directors

The director shown below has held office during the whole of the period from
1 November 2023 to 31 October 2024

Mr M E Anthony


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
25 February 2025

And signed on behalf of the board by:
Name: Mr M E Anthony
Status: Director

EFFECTIVE TRANSITION CIC

Profit And Loss Account

for the Period Ended 31 October 2024

2024 2023


£

£
Turnover: 64,582 77,150
Cost of sales: ( 55,391 ) ( 67,605 )
Gross profit(or loss): 9,191 9,545
Distribution costs: 0 0
Administrative expenses: ( 3,754 ) ( 6,003 )
Operating profit(or loss): 5,437 3,542
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 5,437 3,542
Tax: ( 1,033 ) ( 673 )
Profit(or loss) for the financial year: 4,404 2,869

EFFECTIVE TRANSITION CIC

Balance sheet

As at 31 October 2024

Notes 2024 2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 26,305 15,809
Investments:   0 0
Total current assets: 26,305 15,809
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 3 ( 17,623 ) ( 11,530 )
Net current assets (liabilities): 8,682 4,279
Total assets less current liabilities: 8,682 4,279
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 8,682 4,279
Capital and reserves
Called up share capital: 1 1
Share premium account: 0 0
Other reserves: 0 0
Profit and loss account: 8,681 4,278
Total Shareholders' funds: 8,682 4,279

The notes form part of these financial statements

EFFECTIVE TRANSITION CIC

Balance sheet statements

For the year ending 31 October 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 25 February 2025
and signed on behalf of the board by:

Name: Mr M E Anthony
Status: Director

The notes form part of these financial statements

EFFECTIVE TRANSITION CIC

Notes to the Financial Statements

for the Period Ended 31 October 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

EFFECTIVE TRANSITION CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 10

EFFECTIVE TRANSITION CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

3. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 1,033 673
Accruals and deferred income 0 0
Other creditors 16,590 10,857
Total 17,623 11,530

COMMUNITY INTEREST ANNUAL REPORT

EFFECTIVE TRANSITION CIC

Company Number: 12980256 (England and Wales)

Year Ending: 31 October 2024

Company activities and impact

Effective Transition CIC is a private company, limited by shares, incorporated in England & Wales, registered number 12980256. The registered office is 1 Beauchamp Court, 10 Victors Way, Barnet, Hertfordshire, EN5 5TZ.

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
25 February 2025

And signed on behalf of the board by:
Name: Mr M E Anthony
Status: Director