GLOFITNESS COMMUNITY CIC

Company limited by guarantee

Company Registration Number:
15491162 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2025

Period of accounts

Start date: 15 February 2024

End date: 28 February 2025

GLOFITNESS COMMUNITY CIC

Contents of the Financial Statements

for the Period Ended 28 February 2025

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

GLOFITNESS COMMUNITY CIC

Directors' report period ended 28 February 2025

The directors present their report with the financial statements of the company for the period ended 28 February 2025

Principal activities of the company

The company's principal activity during the year continued to be Other human health activities, Other social work activities without accommodation not elsewhere classified



Directors

The directors shown below have held office during the whole of the period from
15 February 2024 to 28 February 2025

Gloria Ngozi Itoro UCHEGBULAM
Henrietta Amaka EZEOKAKA
Jenefer OKUTU


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 March 2025

And signed on behalf of the board by:
Name: Gloria Ngozi Itoro UCHEGBULAM
Status: Director

GLOFITNESS COMMUNITY CIC

Profit And Loss Account

for the Period Ended 28 February 2025

2025


£
Turnover: 4,354
Cost of sales: 0
Gross profit(or loss): 4,354
Distribution costs: 0
Administrative expenses: ( 4,494 )
Operating profit(or loss): (140)
Profit(or loss) before tax: (140)
Profit(or loss) for the financial year: (140)

GLOFITNESS COMMUNITY CIC

Balance sheet

As at 28 February 2025

Notes 2025


£
Current assets
Cash at bank and in hand: 3,091
Total current assets: 3,091
Creditors: amounts falling due within one year: 3 ( 3,231 )
Net current assets (liabilities): (140)
Total assets less current liabilities: (140)
Total net assets (liabilities): (140)
Members' funds
Profit and loss account: (140)
Total members' funds: ( 140)

The notes form part of these financial statements

GLOFITNESS COMMUNITY CIC

Balance sheet statements

For the year ending 28 February 2025 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 March 2025
and signed on behalf of the board by:

Name: Gloria Ngozi Itoro UCHEGBULAM
Status: Director

The notes form part of these financial statements

GLOFITNESS COMMUNITY CIC

Notes to the Financial Statements

for the Period Ended 28 February 2025

  • 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, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

    Other accounting policies

    Creditors: Short term creditors are measured at transaction price which is usually the invoice price. Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

GLOFITNESS COMMUNITY CIC

Notes to the Financial Statements

for the Period Ended 28 February 2025

  • 2. Employees

    2025
    Average number of employees during the period 0

GLOFITNESS COMMUNITY CIC

Notes to the Financial Statements

for the Period Ended 28 February 2025

3. Creditors: amounts falling due within one year note

2025
£
Trade creditors 2,106
Other creditors 1,125
Total 3,231

COMMUNITY INTEREST ANNUAL REPORT

GLOFITNESS COMMUNITY CIC

Company Number: 15491162 (England and Wales)

Year Ending: 28 February 2025

Company activities and impact

The organization is dedicated to providing health and social services, focusing on community well-being. Through various initiatives, it offers healthcare support and charitable programs, which has positively impacted the community members by improving access to essential services and promoting overall welfare.

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
4 March 2025

And signed on behalf of the board by:
Name: Gloria Ngozi Itoro UCHEGBULAM
Status: Director