for the Period Ended 31 July 2024
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 July 2024
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
1 August 2023
to
31 July 2024
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
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
2024 | 2023 | |
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£ |
£ |
Turnover: |
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Cost of sales: |
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Gross profit(or loss): |
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Distribution costs: |
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Administrative expenses: |
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Other operating income: |
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Operating profit(or loss): |
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Interest receivable and similar income: |
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Interest payable and similar charges: |
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Profit(or loss) before tax: |
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Tax: |
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Profit(or loss) for the financial year: |
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As at
Notes | 2024 | 2023 | |
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Fixed assets | |||
Intangible assets: |
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Tangible assets: | 3 |
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Investments: |
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Total fixed assets: |
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Current assets | |||
Stocks: |
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Debtors: | 4 |
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Cash at bank and in hand: |
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Investments: |
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Total current assets: |
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Prepayments and accrued income: |
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Creditors: amounts falling due within one year: | 5 |
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Net current assets (liabilities): |
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Total assets less current liabilities: |
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Creditors: amounts falling due after more than one year: |
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Provision for liabilities: |
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Total net assets (liabilities): |
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Members' funds | |||
Profit and loss account: |
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Total members' funds: |
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The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 July 2024
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
for the Period Ended 31 July 2024
2024 | 2023 | |
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Average number of employees during the period |
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for the Period Ended 31 July 2024
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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Cost | £ | £ | £ | £ | £ | £ |
At 1 August 2023 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 31 July 2024 |
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Depreciation | ||||||
At 1 August 2023 |
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Charge for year |
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On disposals |
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Other adjustments |
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At 31 July 2024 |
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Net book value | ||||||
At 31 July 2024 |
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At 31 July 2023 |
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for the Period Ended 31 July 2024
2024 | 2023 | |
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£ | £ | |
Trade debtors |
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Prepayments and accrued income |
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Other debtors |
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Total |
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Debtors due after more than one year: |
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for the Period Ended 31 July 2024
2024 | 2023 | |
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£ | £ | |
Bank loans and overdrafts |
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Amounts due under finance leases and hire purchase contracts |
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Trade creditors |
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Taxation and social security |
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Accruals and deferred income |
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Other creditors |
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Total |
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The company supplied educational support activities during the year in its first year as a fully activated CIC, the previous years having been preparatory years to enable a Course to start. The main activity has been in the design, development and supply of new Aviation courses for young aspiring aviation people to be employed in the industry. The course has been adopted by Harrow, Richmond and Uxbridge College Group initially for deployment in the Uxbridge College site from September 2024 and in partnership with Heathrow Airport. Initially, 20 students will be enrolled on the two year full-time Course that fulfils Charitable Object 4 in the CIC’s vision. This will also form the ‘spine’ of the new pathway activities as they grow nationally and enable the other Charitable Objects to be deployed.
Harrow, Richmond and Uxbridge College (HRUC) – new pathways and recruitment Heathrow Airport – supporting the deployment of the first course British Airways – supporting the deployment of the first course QANTAS - supporting the deployment of the first course Lufthansa – supporting the deployment of the first course Hillingdon Chamber of Commerce West London Institute of Technology The Air League SDTV Ryanair London Chamber of Commerce Helioffshore ICF British Airports Group
The Directors received a salary during the year of less than £13,000. There were no other transactions with the Directors during the year.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
20 April 2025
And signed on behalf of the board by:
Name: Mr Simon Witts
Status: Director