BUILDING IMAGINATION TECHNOLOGY CLUBS C.I.C.

Company limited by guarantee

Company Registration Number:
14933094 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2024

Period of accounts

Start date: 13 June 2023

End date: 30 June 2024

BUILDING IMAGINATION TECHNOLOGY CLUBS C.I.C.

Contents of the Financial Statements

for the Period Ended 30 June 2024

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

BUILDING IMAGINATION TECHNOLOGY CLUBS C.I.C.

Directors' report period ended 30 June 2024

The directors present their report with the financial statements of the company for the period ended 30 June 2024

Directors

The directors shown below have held office during the whole of the period from
13 June 2023 to 30 June 2024

Iona Susan ASCHERSON
Emma Clare COOPER
Arron KLEIN - BARGE
Jake OLIVER-FISHMAN


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
10 March 2025

And signed on behalf of the board by:
Name: Jake OLIVER-FISHMAN
Status: Director

BUILDING IMAGINATION TECHNOLOGY CLUBS C.I.C.

Profit And Loss Account

for the Period Ended 30 June 2024

13 months to 30 June 2024


£
Turnover: 210,949
Cost of sales: ( 116,283 )
Gross profit(or loss): 94,666
Administrative expenses: ( 106,788 )
Operating profit(or loss): (12,122)
Profit(or loss) before tax: (12,122)
Profit(or loss) for the financial year: (12,122)

BUILDING IMAGINATION TECHNOLOGY CLUBS C.I.C.

Balance sheet

As at 30 June 2024

Notes 13 months to 30 June 2024


£
Current assets
Debtors: 3 12,956
Cash at bank and in hand: 24,766
Total current assets: 37,722
Prepayments and accrued income: 879
Creditors: amounts falling due within one year: 4 ( 50,723 )
Net current assets (liabilities): (12,122)
Total assets less current liabilities: (12,122)
Total net assets (liabilities): (12,122)
Members' funds
Profit and loss account: (12,122)
Total members' funds: ( 12,122)

The notes form part of these financial statements

BUILDING IMAGINATION TECHNOLOGY CLUBS C.I.C.

Balance sheet statements

For the year ending 30 June 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 10 March 2025
and signed on behalf of the board by:

Name: Jake OLIVER-FISHMAN
Status: Director

The notes form part of these financial statements

BUILDING IMAGINATION TECHNOLOGY CLUBS C.I.C.

Notes to the Financial Statements

for the Period Ended 30 June 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

    Other accounting policies

    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

BUILDING IMAGINATION TECHNOLOGY CLUBS C.I.C.

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees

    13 months to 30 June 2024
    Average number of employees during the period 1

BUILDING IMAGINATION TECHNOLOGY CLUBS C.I.C.

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Debtors

13 months to 30 June 2024
£
Trade debtors 12,956
Total 12,956

BUILDING IMAGINATION TECHNOLOGY CLUBS C.I.C.

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Creditors: amounts falling due within one year note

13 months to 30 June 2024
£
Trade creditors 13,526
Taxation and social security 1,284
Accruals and deferred income 1,883
Other creditors 34,030
Total 50,723

COMMUNITY INTEREST ANNUAL REPORT

BUILDING IMAGINATION TECHNOLOGY CLUBS C.I.C.

Company Number: 14933094 (England and Wales)

Year Ending: 30 June 2024

Company activities and impact

During this financial year, Building Imagination has expanded its reach and deepened its impact within the local community by increasing the number of creative technology clubs provided to primary school children. A key focus of our activities has been addressing the significant gap in co-curricular opportunities available to younger children, particularly those in Year 1 and Year 2. Recognising that creative and technological learning experiences are often limited for this age group, we have invested in developing new resources and tailored sessions designed specifically for early primary students. These new clubs allow younger children to explore their creativity through hands-on activities that incorporate technology, problem-solving, and design thinking skills that are increasingly important for their future education and development. In addition to expanding access, we have continued our commitment to delivering a child-centered learning experience by regularly gathering feedback from students. This feedback has directly informed the evolution of our curriculum, helping us identify the areas children find most engaging and impactful. As a result, our clubs have become more responsive to the interests of the children we serve, fostering a deeper enthusiasm for learning and creativity. Overall, our activities this year have created more opportunities for children to develop confidence, creativity, and digital literacy skills in a supportive environment. By offering these experiences at an earlier stage of education, we aim to help with laying a foundation for lifelong learning and inspiring a new generation of creative thinkers in our community.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £92,070. At the balance sheet date, £19,863 was payable to Directors for wages net of tax and other deductions.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
25 March 2025

And signed on behalf of the board by:
Name: Jake Fishman
Status: Director