BAYAN ACADEMY CIC

Company limited by guarantee

Company Registration Number:
14404238 (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

BAYAN ACADEMY CIC

Contents of the Financial Statements

for the Period Ended 31 October 2024

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

BAYAN ACADEMY CIC

Profit And Loss Account

for the Period Ended 31 October 2024

2024 13 months to 31 October 2023


£

£
Turnover: 8,231 8,093
Cost of sales: 0 0
Gross profit(or loss): 8,231 8,093
Distribution costs: 0 0
Administrative expenses: ( 8,121 ) ( 7,000 )
Other operating income: 0 0
Operating profit(or loss): 110 1,093
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 110 1,093
Tax: ( 21 ) ( 208 )
Profit(or loss) for the financial year: 89 885

BAYAN ACADEMY CIC

Balance sheet

As at 31 October 2024

Notes 2024 13 months to 31 October 2023


£

£
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: 2,615 2,593
Investments:   0 0
Total current assets: 2,615 2,593
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 3 ( 1,641 ) ( 1,708 )
Net current assets (liabilities): 974 885
Total assets less current liabilities: 974 885
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): 974 885
Members' funds
Profit and loss account: 974 885
Total members' funds: 974 885

The notes form part of these financial statements

BAYAN ACADEMY 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: DR M G ELSHAROUD
Status: Director

The notes form part of these financial statements

BAYAN ACADEMY 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

BAYAN ACADEMY CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees

    2024 13 months to 31 October 2023
    Average number of employees during the period 0 0

BAYAN ACADEMY CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

3. Creditors: amounts falling due within one year note

2024 13 months to 31 October 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 21 208
Accruals and deferred income 120 0
Other creditors 1,500 1,500
Total 1,641 1,708

COMMUNITY INTEREST ANNUAL REPORT

BAYAN ACADEMY CIC

Company Number: 14404238 (England and Wales)

Year Ending: 31 October 2024

Company activities and impact

The company's activities will provide benefit to the wider welsh community by teaching arabic language and culture to non-arabicspeakers, arabic language for the youth that are from an arabic background but do not speak arabic who have been living in Wales fora long time as well as the children of refugee families who have recently arrived to Wales. Also aiming at reaching out to Arabfamilies who live in areas such as the Valleys where there is a smaller prescence of Arabic teaching

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: DR M G ELSHAROUD
Status: Director