THE FUTURE OF SPORT CIC

Company limited by guarantee

Company Registration Number:
14998380 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2024

Period of accounts

Start date: 12 July 2023

End date: 31 July 2024

THE FUTURE OF SPORT CIC

Contents of the Financial Statements

for the Period Ended 31 July 2024

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

THE FUTURE OF SPORT CIC

Directors' report period ended 31 July 2024

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

Principal activities of the company

The Future of Sport CIC is a community interest company providing sporting activities. The CIC plays a key role in delivering inclusive, high-quality activities through the HAF programme, ensuring children from disadvantaged backgrounds accessed enriching multi-sport experiences, nutritious meals, and a safe, welcoming environment.



Directors

The director shown below has held office during the whole of the period from
12 July 2023 to 31 July 2024

John Brandon


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 April 2025

And signed on behalf of the board by:
Name: John Brandon
Status: Director

THE FUTURE OF SPORT CIC

Profit And Loss Account

for the Period Ended 31 July 2024

13 months to 31 July 2024


£
Turnover: 26,331
Cost of sales: ( 8,446 )
Gross profit(or loss): 17,885
Administrative expenses: ( 17,141 )
Operating profit(or loss): 744
Profit(or loss) before tax: 744
Profit(or loss) for the financial year: 744

THE FUTURE OF SPORT CIC

Balance sheet

As at 31 July 2024

Notes 13 months to 31 July 2024


£
Fixed assets
Tangible assets: 3 748
Total fixed assets: 748
Current assets
Debtors: 4 5,649
Cash at bank and in hand: 32,385
Total current assets: 38,034
Creditors: amounts falling due within one year: 5 ( 38,038 )
Net current assets (liabilities): (4)
Total assets less current liabilities: 744
Total net assets (liabilities): 744
Members' funds
Profit and loss account: 744
Total members' funds: 744

The notes form part of these financial statements

THE FUTURE OF SPORT CIC

Balance sheet statements

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

Name: John Brandon
Status: Director

The notes form part of these financial statements

THE FUTURE OF SPORT CIC

Notes to the Financial Statements

for the Period Ended 31 July 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 for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

    Tangible fixed assets depreciation policy

    Fixtures, fittings and equipment - 25% reducing balance

THE FUTURE OF SPORT CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees

    13 months to 31 July 2024
    Average number of employees during the period 2

THE FUTURE OF SPORT CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 997 997
Disposals
Revaluations
Transfers
At 31 July 2024 997 997
Depreciation
Charge for year 249 249
On disposals
Other adjustments
At 31 July 2024 249 249
Net book value
At 31 July 2024 748 748

THE FUTURE OF SPORT CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Debtors

13 months to 31 July 2024
£
Other debtors 5,649
Total 5,649

THE FUTURE OF SPORT CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

5. Creditors: amounts falling due within one year note

13 months to 31 July 2024
£
Other creditors 38,038
Total 38,038

COMMUNITY INTEREST ANNUAL REPORT

THE FUTURE OF SPORT CIC

Company Number: 14998380 (England and Wales)

Year Ending: 31 July 2024

Company activities and impact

Over the past year, we have played a key role in delivering inclusive, high-quality activities through the HAF programme, ensuring children from disadvantaged backgrounds accessed enriching multi-sport experiences, nutritious meals, and a safe, welcoming environment. Our work has included running successful camps in Southend, Southchurch, Medway, Thurrock, Mid Essex and Tendring, supporting children with additional needs, anxiety, and food insecurity. Alongside this, I’ve led the Raising the Game weekly initiative across Canvey, Southend, and Thurrock, empowering young people to have a voice, influence decisions, and access opportunities in sport, education, and training. This work focuses on equity, giving marginalized children the tools to thrive socially, mentally, and physically. I’ve also led outreach and mentoring to support families in poverty, provided meals, signposted services, and created safe spaces that build confidence and connection. My commitment remains rooted in breaking barriers and ensuring every child feels valued and included.

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
10 April 2025

And signed on behalf of the board by:
Name: John Brandon
Status: Director