SCK FITNESS TEAM CIC

Company limited by guarantee

Company Registration Number:
14073733 (England and Wales)

Unaudited statutory accounts for the year ended 28 April 2024

Period of accounts

Start date: 30 April 2023

End date: 28 April 2024

SCK FITNESS TEAM CIC

Contents of the Financial Statements

for the Period Ended 28 April 2024

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

SCK FITNESS TEAM CIC

Profit And Loss Account

for the Period Ended 28 April 2024

2024 2023


£

£
Turnover: 14,061 7,300
Cost of sales: ( 9,416 ) ( 6,069 )
Gross profit(or loss): 4,645 1,231
Administrative expenses: ( 5,208 ) ( 1,930 )
Operating profit(or loss): (563) (699)
Profit(or loss) before tax: (563) (699)
Profit(or loss) for the financial year: (563) (699)

SCK FITNESS TEAM CIC

Balance sheet

As at 28 April 2024

Notes 2024 2023


£

£
Current assets
Cash at bank and in hand: 10,858 1
Total current assets: 10,858 1
Creditors: amounts falling due within one year: 3 ( 12,120 ) ( 700 )
Net current assets (liabilities): (1,262) (699)
Total assets less current liabilities: (1,262) ( 699)
Total net assets (liabilities): (1,262) (699)
Members' funds
Profit and loss account: (1,262) ( 699)
Total members' funds: ( 1,262) (699)

The notes form part of these financial statements

SCK FITNESS TEAM CIC

Balance sheet statements

For the year ending 28 April 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 25 April 2025
and signed on behalf of the board by:

Name: Sabir Hussein
Status: Director

The notes form part of these financial statements

SCK FITNESS TEAM CIC

Notes to the Financial Statements

for the Period Ended 28 April 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

SCK FITNESS TEAM CIC

Notes to the Financial Statements

for the Period Ended 28 April 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 1

SCK FITNESS TEAM CIC

Notes to the Financial Statements

for the Period Ended 28 April 2024

3. Creditors: amounts falling due within one year note

2024 2023
£ £
Accruals and deferred income 11,130
Other creditors 990 700
Total 12,120 700

COMMUNITY INTEREST ANNUAL REPORT

SCK FITNESS TEAM CIC

Company Number: 14073733 (England and Wales)

Year Ending: 28 April 2024

Company activities and impact

The company is a martial arts institute, running continuous subsidised Brazilian Jiu-Jitsu Boxing and Fitness/HIIT classes for disadvantaged communities. The company began operating in 2022 and has benefitted the community in the following ways: 1. Over 140 young people under 21 have attended our classes for free. 2. 6 different schools (including two PRUs) and 3 different youth clubs have allowed us to teach their cohorts of under 16s on a weekly basis. We offer the cheapest rate possible while also subsiding 50% or 100% the fees for the delivery of the project, where adequate funding permits. 3. We have targeted, using publicly available research, the least physically active demographic in London – BAME women between 16+ years old. We have run 1 free class in Boxing/HIIT every week. We aim to expand this to 2 classes to reflect increased demand.

Consultation with stakeholders

The company’s stakeholders are the local residents of East London, as well as local schools and gyms. The directors of the company are residents of the East London area, having lived and grew up in the Borough. We have held several consultations with different stakeholders. Our main beneficiaries are the youth. We have attended careers fairs (organised by schools/communities/charities) and facilitated workshops at Newham Sixth Form College demonstrating to young people what martial arts is and explaining the benefits of participating in it. This is all the while gathering information on their opinions, their needs and exploring the current barriers they may be facing. We conduct online surveys with our growing participants (which is a mix of males under 24 years old and females 16 to 50 years old, the majority of whom are from a BAME and/or from low-income backgrounds) to understand their needs and how they could benefit from free or subsidised martial arts and fitness activities. We have also consulted other charities and social enterprises in the Newham and Tower Hamlets areas to ascertain where our services are needed most.

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
25 April 2025

And signed on behalf of the board by:
Name: Sabir Hussein
Status: Director