ROUND4ROUNDUK CIC

Company limited by guarantee

Company Registration Number:
14527405 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 7 December 2022

End date: 31 December 2023

ROUND4ROUNDUK CIC

Contents of the Financial Statements

for the Period Ended 31 December 2023

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

ROUND4ROUNDUK CIC

Directors' report period ended 31 December 2023

The directors present their report with the financial statements of the company for the period ended 31 December 2023

Principal activities of the company

The director presents his report and accounts for the period from 7 December 2022 to 31 December 2023. Principal activity The company's principal activities during the year continued to be are sports and recreation education, other human health activities, and fitness facilities for local community. Directors Mr. Nasir Akram was appointed on 7 December 2022. Small company provisions This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006. Signed on behalf of the board of directors ............................................................................ Mr. Nasir Akram Director Approved by the board on: 4 November 2024



Directors

The director shown below has held office during the whole of the period from
7 December 2022 to 31 December 2023

Nasir Akram


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
4 November 2024

And signed on behalf of the board by:
Name: Nasir Akram
Status: Director

ROUND4ROUNDUK CIC

Profit And Loss Account

for the Period Ended 31 December 2023

13 months to 31 December 2023


£
Turnover: 0
Cost of sales: ( 11,625 )
Gross profit(or loss): (11,625)
Administrative expenses: ( 37,551 )
Operating profit(or loss): (49,176)
Interest receivable and similar income: 13,500
Profit(or loss) before tax: (35,676)
Profit(or loss) for the financial year: (35,676)

ROUND4ROUNDUK CIC

Balance sheet

As at 31 December 2023

Notes 13 months to 31 December 2023


£
Current assets
Cash at bank and in hand: 6,239
Total current assets: 6,239
Creditors: amounts falling due within one year: 3 ( 41,915 )
Net current assets (liabilities): (35,676)
Total assets less current liabilities: (35,676)
Total net assets (liabilities): (35,676)
Members' funds
Profit and loss account: (35,676)
Total members' funds: ( 35,676)

The notes form part of these financial statements

ROUND4ROUNDUK CIC

Balance sheet statements

For the year ending 31 December 2023 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 4 November 2024
and signed on behalf of the board by:

Name: Nasir Akram
Status: Director

The notes form part of these financial statements

ROUND4ROUNDUK CIC

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 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

    Other accounting policies

    Statutory information Round4rounduk Cic is a private company, limited by shares, registered in England and Wales, registration number 14527405. The registered office is 15 Prince Street, Bolton, BL1 2NP, England. 2 Compliance with accounting standards The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard. 3 Accounting policies These financial statements for the period from 7 December 2022 to 31 December 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 7 December 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below. Basis of preparation The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets. Presentation currency The accounts are presented in £ sterling.

ROUND4ROUNDUK CIC

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

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

ROUND4ROUNDUK CIC

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Creditors: amounts falling due within one year note

13 months to 31 December 2023
£
Trade creditors 151
Other creditors 41,764
Total 41,915

COMMUNITY INTEREST ANNUAL REPORT

ROUND4ROUNDUK CIC

Company Number: 14527405 (England and Wales)

Year Ending: 31 December 2023

Company activities and impact

To provide a one-stop shop for people of all ages to access boxing, fitness, mentalhealth, and well-being support and build a better community model for Bolton focused on togetherness and fairness. The increased cost of Living, increase in knife crime anti-social behaviour and mental health related ailments present a gap in the community social development sector that willbe filled by Round4RoundUK and through Boxing. The team have direct experience of supporting all age groups, genders, and ethnicities to foster positive experiences and collaboration. The company want to work with the council, health, poUce, and other voluntary groups to bring about lasting changes. The company will provide boxing and fitness classes throughout the week for children aged between 5- 18 and then for adults and dedicated sessions for females and the elderly. Furthermore, the company have been donated over 30 laptops that will be used to provide access to e-learning courses, cv reviews and employabiUty training through partnering. The surplus money willre-invested into additional coaching staff, better facilities and equipment.

Consultation with stakeholders

Stakeholder 1- The members of the community are regularly consulted about new classes, the quality of the existing classes and any issues. This feedback loop has ensured great community engagement and uptake of services with nearly 500 members. Stakeholder 2- Bolton Council/ Bolton CVS are continually engaged for funding and collaboration activities and Round4Rounduk CIC has received funding and the prestigious 'Bolton Trust Mark' accreditation

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: Nasir Akram
Status: Director