HIDDENABILITIES COMMUNITY INTEREST COMPANY

Company Registration Number:
12385225 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 April 2023

End date: 31 March 2024

HIDDENABILITIES COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 March 2024

Directors report
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

HIDDENABILITIES COMMUNITY INTEREST COMPANY

Directors' report period ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Directors

The directors shown below have held office during the whole of the period from
1 April 2023 to 31 March 2024

Mr Damyan Bochev
Mr William Evans
Miss Heather Williams


Secretary Mr Damyan Bochev

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
7 March 2025

And signed on behalf of the board by:
Name: Mr William Evans
Status: Director

HIDDENABILITIES COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 1,418 0
Total fixed assets: 1,418 0
Current assets
Debtors: 4 21,905 6,594
Cash at bank and in hand: 1,013 7,944
Total current assets: 22,918 14,538
Creditors: amounts falling due within one year: 5 ( 9,071 ) ( 3,539 )
Net current assets (liabilities): 13,847 10,999
Total assets less current liabilities: 15,265 10,999
Provision for liabilities: ( 269 ) 0
Total net assets (liabilities): 14,996 10,999
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 14,994 10,997
Total Shareholders' funds: 14,996 10,999

The notes form part of these financial statements

HIDDENABILITIES COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 31 March 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 7 March 2025
and signed on behalf of the board by:

Name: Mr William Evans
Status: Director

The notes form part of these financial statements

HIDDENABILITIES COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 March 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 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 is reduced for estimated customer returns, rebates and other similar allowances.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases: Plant & Machinery 20% reducing balance

HIDDENABILITIES COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

HIDDENABILITIES COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2023 0 0
Additions 1,877 1,877
Disposals
Revaluations
Transfers
At 31 March 2024 1,877 1,877
Depreciation
At 1 April 2023 0 0
Charge for year 459 459
On disposals
Other adjustments
At 31 March 2024 459 459
Net book value
At 31 March 2024 1,418 1,418
At 31 March 2023 0 0

HIDDENABILITIES COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Debtors

2024 2023
£ £
Trade debtors 3,132
Other debtors 21,905 3,462
Total 21,905 6,594
Debtors due after more than one year: 4,308

HIDDENABILITIES COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 6,910 2,579
Accruals and deferred income 2,161 960
Total 9,071 3,539

HIDDENABILITIES COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 March 2024

6. Loans to directors

Name of director receiving advance or credit: Mr William Evans
Description of the transaction:
Advance
£
Balance at 31 March 2023 3,460
Advances or credits made: 14,264
Advances or credits repaid: 1,100
Balance at 31 March 2024 16,624

The above loan is unsecured, interest free and repayable on demand.

COMMUNITY INTEREST ANNUAL REPORT

HIDDENABILITIES COMMUNITY INTEREST COMPANY

Company Number: 12385225 (England and Wales)

Year Ending: 31 March 2024

Company activities and impact

Hidden Abilities aims to inspire, motivate and enlighten society to create real change for an inclusive world for those with learning difficulties and social communication disorders. Our activities are focused on supporting individuals living with those conditions, and the immediate support network around them, including family, friends and support workers. Our longer-term ambition is to expand this reach to engage with those involved in education, employment, care services and wider society For the 2023-24 financial year Hidden Abilities successfully ran an Airbnb, provided back office administrative support to Living With Aspergers, including managing Access to Work award and direct payments, worked with two clients and built relationships with other organisations in the local area. And relocated premises successfully.

Consultation with stakeholders

The company's stakeholders are our current volunteers that we work with. We schedule regular weekly meetings with them, as well as take regular feedback, so that we can work better in the future with them. The company's directors also have regular weekly meetings, where they discuss matters of the company, projects and funding opportunities.

Directors' remuneration

The aggregate amount of emoluments paid to or receivable by directors in respect of qualifying services was £26778 There was no other transactions or arrangements in connection with the renumeration of directors, or compensation for director's loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
15 August 2024

And signed on behalf of the board by:
Name: William Evans
Status: Director