INCLUSIVE SPORTS ACADEMY CIC

Company limited by guarantee

Company Registration Number:
09664364 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2024

Period of accounts

Start date: 1 July 2023

End date: 30 June 2024

INCLUSIVE SPORTS ACADEMY CIC

Contents of the Financial Statements

for the Period Ended 30 June 2024

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

INCLUSIVE SPORTS ACADEMY CIC

Profit And Loss Account

for the Period Ended 30 June 2024

2024 2023


£

£
Turnover: 399,676 281,399
Cost of sales: ( 120,002 ) ( 79,609 )
Gross profit(or loss): 279,674 201,790
Administrative expenses: ( 265,043 ) ( 194,335 )
Other operating income: 97 40
Operating profit(or loss): 14,728 7,495
Profit(or loss) before tax: 14,728 7,495
Tax: ( 2,798 ) ( 1,424 )
Profit(or loss) for the financial year: 11,930 6,071

INCLUSIVE SPORTS ACADEMY CIC

Balance sheet

As at 30 June 2024

Notes 2024 2023


£

£
Current assets
Cash at bank and in hand: 59,891 38,892
Total current assets: 59,891 38,892
Creditors: amounts falling due within one year: 3 ( 26,455 ) ( 17,386 )
Net current assets (liabilities): 33,436 21,506
Total assets less current liabilities: 33,436 21,506
Total net assets (liabilities): 33,436 21,506
Members' funds
Profit and loss account: 33,436 21,506
Total members' funds: 33,436 21,506

The notes form part of these financial statements

INCLUSIVE SPORTS ACADEMY CIC

Balance sheet statements

For the year ending 30 June 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 3 December 2024
and signed on behalf of the board by:

Name: Andy Warmington
Status: Director

The notes form part of these financial statements

INCLUSIVE SPORTS ACADEMY CIC

Notes to the Financial Statements

for the Period Ended 30 June 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

INCLUSIVE SPORTS ACADEMY CIC

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 50 26

INCLUSIVE SPORTS ACADEMY CIC

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 2,798 3,721
Accruals and deferred income 15,390 1,537
Other creditors 8,267 12,128
Total 26,455 17,386

COMMUNITY INTEREST ANNUAL REPORT

INCLUSIVE SPORTS ACADEMY CIC

Company Number: 09664364 (England and Wales)

Year Ending: 30 June 2024

Company activities and impact

Inclusive Sports Academy CIC aims to give a wider range of people from within the community the opportunity to participate in sports suited to their needs and requirements. Sessions are facilitated across the borough of Solihull to ensure our target audiences are able to participate in healthy, positive, physical activity in a fun and safe environment. We ensure that young people are given the right guidance and opportunity to progress in a volunteering and coaching capacity.

Consultation with stakeholders

There are a range of stakeholders for the company that include: participants (Young people in the community and adults with disabilities), parents, carers and funding representatives. Regular consultation with these groups of people takes place at suitable intervals throughout the year to ensure the programmes are accommodating the needs and requirements of the participants, and that we are able to adapt the delivery to be inclusive.

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
3 December 2024

And signed on behalf of the board by:
Name: Andy Warmington
Status: Director