HACKATHON RAPTORS C.I.C.

Company limited by guarantee

Company Registration Number:
15557917 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2025

Period of accounts

Start date: 12 March 2024

End date: 31 March 2025

HACKATHON RAPTORS C.I.C.

Contents of the Financial Statements

for the Period Ended 31 March 2025

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

HACKATHON RAPTORS C.I.C.

Directors' report period ended 31 March 2025

The directors present their report with the financial statements of the company for the period ended 31 March 2025

Directors

The director shown below has held office during the whole of the period from
12 March 2024 to 31 March 2025

Maksim Muravev


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
17 April 2025

And signed on behalf of the board by:
Name: Maksim Muravev
Status: Director

HACKATHON RAPTORS C.I.C.

Profit And Loss Account

for the Period Ended 31 March 2025

13 months to 31 March 2025


£
Turnover: 62,102
Cost of sales: ( 21,034 )
Gross profit(or loss): 41,068
Administrative expenses: ( 21,567 )
Operating profit(or loss): 19,501
Interest receivable and similar income: 124
Profit(or loss) before tax: 19,625
Profit(or loss) for the financial year: 19,625

HACKATHON RAPTORS C.I.C.

Balance sheet

As at 31 March 2025

Notes 13 months to 31 March 2025


£
Fixed assets
Tangible assets: 3 2,284
Total fixed assets: 2,284
Current assets
Cash at bank and in hand: 17,341
Total current assets: 17,341
Net current assets (liabilities): 17,341
Total assets less current liabilities: 19,625
Total net assets (liabilities): 19,625
Members' funds
Profit and loss account: 19,625
Total members' funds: 19,625

The notes form part of these financial statements

HACKATHON RAPTORS C.I.C.

Balance sheet statements

For the year ending 31 March 2025 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 17 April 2025
and signed on behalf of the board by:

Name: Maksim Muravev
Status: Director

The notes form part of these financial statements

HACKATHON RAPTORS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 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

HACKATHON RAPTORS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 2. Employees

    13 months to 31 March 2025
    Average number of employees during the period 0

HACKATHON RAPTORS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 2,404 2,404
Disposals
Revaluations
Transfers
At 31 March 2025 2,404 2,404
Depreciation
Charge for year 120 120
On disposals
Other adjustments
At 31 March 2025 120 120
Net book value
At 31 March 2025 2,284 2,284

COMMUNITY INTEREST ANNUAL REPORT

HACKATHON RAPTORS C.I.C.

Company Number: 15557917 (England and Wales)

Year Ending: 31 March 2025

Company activities and impact

Hackathon Raptors C.I.C. organizes professional-grade hackathons focused on societal impact, inclusivity, and sustainability. During the financial year ending March 31st, 2025, we hosted 10+ events attracting 1500+ participants from 30+ countries, resulting in 300+ innovative projects. Our signature events included LifeQuest (health habits), AI & DEI (web accessibility), LocalDawn (community empowerment), and several STEM-focused hackathons. Our activities benefited the community by: (1) providing free platforms for technical education and skill development; (2) creating solutions addressing societal challenges in health, accessibility, and sustainability; (3) fostering an inclusive engineering community with participants from diverse backgrounds; and (4) ensuring all profits were reinvested in community development rather than distributed to shareholders, aligning with our CIC structure.

Consultation with stakeholders

Hackathon Raptors' key stakeholders include event participants, community members, fellows, industry judges, and sponsor organizations. We conducted stakeholder consultation through: 1. Post-event surveys collecting feedback from all participants 2. Regular advisory meetings with our Fellows, who represent industry leaders from major tech companies 3. Community forums enabling ongoing dialogue with our wider membership 4. Dedicated feedback sessions with event sponsors and partners In response to stakeholder feedback, we implemented several improvements: expanded our DEI initiatives based on participant suggestions, modified our judging process for more comprehensive evaluations, introduced new technical categories as requested by community members, and enhanced our support resources for first-time participants. These changes directly reflected the priorities identified through our consultation processes.

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
17 April 2025

And signed on behalf of the board by:
Name: Maksim Muravev
Status: Director