THE EDUCATION CENTRE DERBY CIC

Company limited by guarantee

Company Registration Number:
12747393 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2024

Period of accounts

Start date: 1 August 2023

End date: 31 July 2024

THE EDUCATION CENTRE DERBY 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 EDUCATION CENTRE DERBY 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

Educational activities within the local community



Directors

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

Mohsin Mohamed Iqbal Teladia
Hafsa Teladia


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
15 April 2025

And signed on behalf of the board by:
Name: Mohsin Mohamed Iqbal Teladia
Status: Director

THE EDUCATION CENTRE DERBY CIC

Profit And Loss Account

for the Period Ended 31 July 2024

2024 2023


£

£
Turnover: 30,709 29,846
Cost of sales: ( 19,524 ) ( 9,390 )
Gross profit(or loss): 11,185 20,456
Administrative expenses: ( 23,380 ) ( 23,157 )
Other operating income: 13,358 5,146
Operating profit(or loss): 1,163 2,445
Profit(or loss) before tax: 1,163 2,445
Tax: ( 233 ) ( 465 )
Profit(or loss) for the financial year: 930 1,980

THE EDUCATION CENTRE DERBY CIC

Balance sheet

As at 31 July 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 2,600 0
Investments:   0 0
Total fixed assets: 2,600 0
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 7,027 6,229
Investments:   0 0
Total current assets: 7,027 6,229
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 4 ( 3,654 ) ( 1,186 )
Net current assets (liabilities): 3,373 5,043
Total assets less current liabilities: 5,973 5,043
Total net assets (liabilities): 5,973 5,043
Members' funds
Profit and loss account: 5,973 5,043
Total members' funds: 5,973 5,043

The notes form part of these financial statements

THE EDUCATION CENTRE DERBY 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 15 April 2025
and signed on behalf of the board by:

Name: Mohsin Mohamed Iqbal Teladia
Status: Director

The notes form part of these financial statements

THE EDUCATION CENTRE DERBY 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

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets.

THE EDUCATION CENTRE DERBY CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 3 3

THE EDUCATION CENTRE DERBY 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 £ £ £ £ £ £
At 1 August 2023 0 0
Additions 3,250 3,250
Disposals
Revaluations
Transfers
At 31 July 2024 3,250 3,250
Depreciation
At 1 August 2023 0 0
Charge for year 650 650
On disposals
Other adjustments
At 31 July 2024 650 650
Net book value
At 31 July 2024 2,600 2,600
At 31 July 2023 0 0

THE EDUCATION CENTRE DERBY CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 454 686
Other creditors 3,200 500
Total 3,654 1,186

COMMUNITY INTEREST ANNUAL REPORT

THE EDUCATION CENTRE DERBY CIC

Company Number: 12747393 (England and Wales)

Year Ending: 31 July 2024

Company activities and impact

The company runs the Madrassah (evening school). Children are taught islamic studies and to read the Qur'an with Tajweed and its rules.

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
15 April 2025

And signed on behalf of the board by:
Name: Mohsin Mohamed Iqbal Teladia
Status: Director