SKILLSPOOL TRAINING C.I.C.

Company Registration Number:
07902325 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2024

Period of accounts

Start date: 1 February 2023

End date: 31 January 2024

SKILLSPOOL TRAINING C.I.C.

Contents of the Financial Statements

for the Period Ended 31 January 2024

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

SKILLSPOOL TRAINING C.I.C.

Profit And Loss Account

for the Period Ended 31 January 2024

2024 2023


£

£
Turnover: 47,902 40,462
Cost of sales: ( 46,471 ) ( 39,536 )
Gross profit(or loss): 1,431 926
Operating profit(or loss): 1,431 926
Profit(or loss) before tax: 1,431 926
Profit(or loss) for the financial year: 1,431 926

SKILLSPOOL TRAINING C.I.C.

Balance sheet

As at 31 January 2024

Notes 2024 2023


£

£
Current assets
Debtors: 3 10,612 7,840
Cash at bank and in hand: 6,534 6,898
Total current assets: 17,146 14,738
Creditors: amounts falling due within one year: 4 ( 8,377 ) ( 7,400 )
Net current assets (liabilities): 8,769 7,338
Total assets less current liabilities: 8,769 7,338
Total net assets (liabilities): 8,769 7,338
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 8,669 7,238
Total Shareholders' funds: 8,769 7,338

The notes form part of these financial statements

SKILLSPOOL TRAINING C.I.C.

Balance sheet statements

For the year ending 31 January 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 2 August 2024
and signed on behalf of the board by:

Name: Dunstanette Kuti
Status: Director

The notes form part of these financial statements

SKILLSPOOL TRAINING C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 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 comprises the invoiced value of fees and services supplied by the company.

SKILLSPOOL TRAINING C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 1

SKILLSPOOL TRAINING C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 2024

3. Debtors

2024 2023
£ £
Trade debtors 2,792 5,840
Prepayments and accrued income 7,820 2,000
Total 10,612 7,840

SKILLSPOOL TRAINING C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 1,367 780
Accruals and deferred income 7,010 6,620
Total 8,377 7,400

COMMUNITY INTEREST ANNUAL REPORT

SKILLSPOOL TRAINING C.I.C.

Company Number: 07902325 (England and Wales)

Year Ending: 31 January 2024

Company activities and impact

Skillspool Training provides affordable, low cost, value added training to members of the community looking to enhance their knowledge and understanding of all aspects of personal finance, bookkeeping and budgeting. The company delivered digital literacy skills training to older members of the community that have never accessed the internet before. Unemployed members of the community that were looking to retrain were provided with accredited Skills for Workplace courses. At the end of the training, paticipants were able to access the internet and opened email accounts. They were also able to use Skype to contact family members abroad. This helped reduce their social isolation and improved their confidence and interpersonal skills. Our small class sizes has helped long term unemployed learners with little or no self confidence develop their confidence and interpersonal skills and motivated them into looking for work. A considerable number of learners that have never considered volunteering have gone on to volunteer at local community organisations.

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
2 August 2024

And signed on behalf of the board by:
Name: Dunstanette Kuti
Status: Director