QEFC C.I.C.

Company Registration Number:
14541888 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 1 January 2024

End date: 31 December 2024

QEFC C.I.C.

Contents of the Financial Statements

for the Period Ended 31 December 2024

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

QEFC C.I.C.

Directors' report period ended 31 December 2024

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

Principal activities of the company

The company's principal activity continues to be that of activities of football sport club.



Directors

The director shown below has held office during the whole of the period from
1 January 2024 to 31 December 2024

Essein Romuald FOBA


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
2 April 2025

And signed on behalf of the board by:
Name: Essein Romuald FOBA
Status: Director

QEFC C.I.C.

Profit And Loss Account

for the Period Ended 31 December 2024

2024 13 months to 31 December 2023


£

£
Turnover: 36,571 19,630
Cost of sales: ( 30,841 ) ( 11,567 )
Gross profit(or loss): 5,730 8,063
Distribution costs: ( 11,962 ) ( 4,790 )
Administrative expenses: ( 4,179 ) ( 3,257 )
Operating profit(or loss): (10,411) 16
Profit(or loss) before tax: (10,411) 16
Tax: 0 ( 3 )
Profit(or loss) for the financial year: (10,411) 13

QEFC C.I.C.

Balance sheet

As at 31 December 2024

Notes 2024 13 months to 31 December 2023


£

£
Current assets
Cash at bank and in hand: 4,950 7,475
Total current assets: 4,950 7,475
Creditors: amounts falling due within one year: 3 ( 580 )
Net current assets (liabilities): 4,950 6,895
Total assets less current liabilities: 4,950 6,895
Creditors: amounts falling due after more than one year: 4 ( 14,893 ) ( 2,898 )
Provision for liabilities: ( 3 ) ( 3 )
Accruals and deferred income: ( 450 ) ( 3,980 )
Total net assets (liabilities): (10,396) 14
Capital and reserves
Called up share capital: 1 1
Profit and loss account: (10,397 ) 13
Total Shareholders' funds: ( 10,396 ) 14

The notes form part of these financial statements

QEFC C.I.C.

Balance sheet statements

For the year ending 31 December 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 April 2025
and signed on behalf of the board by:

Name: Essein Romuald FOBA
Status: Director

The notes form part of these financial statements

QEFC C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

    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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

    Other accounting policies

    The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate.

QEFC C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    2024 13 months to 31 December 2023
    Average number of employees during the period 3 3

QEFC C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Creditors: amounts falling due within one year note

  13 months to 31 December 2023
  £
Accruals and deferred income 580
Total   580

QEFC C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Creditors: amounts falling due after more than one year note

2024 13 months to 31 December 2023
£ £
Other creditors 14,893 2,898
Total 14,893 2,898

COMMUNITY INTEREST ANNUAL REPORT

QEFC C.I.C.

Company Number: 14541888 (England and Wales)

Year Ending: 31 December 2024

Company activities and impact

The company runs a football club called Queen Edith lead by professional footballer. It is providing a football training to boys and girls aged 5 to 14 years old. The training started from February 2023 and more classes has been opened since September 2023. During the year 2024, the clubs activities benefited the community in the following ways: Local residents’ children got an opportunity to play football and get professional training although they have been rejected by other local football clubs The club has provided part time job to student and provided him training to become football coach assistant and be part of the team Club provided a professional training to local children and taught them new football skills and discipline, while enjoying family atmosphere and individual approach. The club provided a place and opportunity for local children to find a new friends and socialise during matches and training By joining a local league, the club provided an opportunity for local children to be a part of competition and taught them how to deal with situations and emotions during a competition The club improved a health and increased a physical activity for local children

Consultation with stakeholders

The company stakeholders are the parents of children who joined Queen Edith football club. The director of the company is professional footballer and developed a training plan and strategy based on players abilities and their experience, as well as of talking to their parents and getting feedback from them. We have created a group on social media for all parents to be able to leave us comments and feedback to analyse children needs and be able to provide more effective training. After each training the director of the company spend time with parents and was able to discuss any feedback face to face.

Directors' remuneration

The aggregate amount of emoluments paid to director in respect of qualifying services was £8,380.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
3 April 2025

And signed on behalf of the board by:
Name: Essein Romuald FOBA
Status: Director