HORIZON COMMUNITY TRAINING CIC

Company limited by guarantee

Company Registration Number:
13493301 (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

HORIZON COMMUNITY TRAINING 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

HORIZON COMMUNITY TRAINING 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 Company specialise in social, behavioural and emotional education for young adults dis-engaged from mainstream education.

Company policy on disabled employees

the company does not discriminate against disabled employees.



Directors

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

Mr Mark Shanahan


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
26 April 2025

And signed on behalf of the board by:
Name: Mr Mark Shanahan
Status: Director

HORIZON COMMUNITY TRAINING CIC

Profit And Loss Account

for the Period Ended 31 July 2024

2024 2023


£

£
Turnover: 219,701 151,537
Cost of sales: ( 12,946 )
Gross profit(or loss): 206,755 151,537
Administrative expenses: ( 188,000 ) ( 145,329 )
Other operating income: 4,005
Operating profit(or loss): 22,760 6,208
Profit(or loss) before tax: 22,760 6,208
Tax: ( 4,324 ) ( 1,179 )
Profit(or loss) for the financial year: 18,436 5,029

HORIZON COMMUNITY TRAINING CIC

Balance sheet

As at 31 July 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 42,876 21,518
Total fixed assets: 42,876 21,518
Current assets
Debtors: 4 60,395 61,615
Cash at bank and in hand: 403 6,208
Total current assets: 60,798 67,823
Net current assets (liabilities): 60,798 67,823
Total assets less current liabilities: 103,674 89,341
Total net assets (liabilities): 103,674 89,341
Members' funds
Profit and loss account: 103,674 89,341
Total members' funds: 103,674 89,341

The notes form part of these financial statements

HORIZON COMMUNITY TRAINING 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 26 April 2025
and signed on behalf of the board by:

Name: Mr Mark Shanahan
Status: Director

The notes form part of these financial statements

HORIZON COMMUNITY TRAINING 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

    219,701

HORIZON COMMUNITY TRAINING CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 9 7

HORIZON COMMUNITY TRAINING 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 598 4,777 2,548 13,595 21,518
Additions 2,648 3,712 6,748 8,250 21,358
Disposals
Revaluations
Transfers
At 31 July 2024 3,246 8,489 9,296 21,845 42,876
Depreciation
At 1 August 2023
Charge for year
On disposals
Other adjustments
At 31 July 2024
Net book value
At 31 July 2024 3,246 8,489 9,296 21,845 42,876
At 31 July 2023 598 4,777 2,548 13,595 21,518

HORIZON COMMUNITY TRAINING CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Debtors

2024 2023
£ £
Trade debtors 60,395 61,615
Total 60,395 61,615

COMMUNITY INTEREST ANNUAL REPORT

HORIZON COMMUNITY TRAINING CIC

Company Number: 13493301 (England and Wales)

Year Ending: 31 July 2024

Company activities and impact

The company's activities has provided and benefited Great Yarmouth and its surrounding areas. A training centre with the community at its heart it is an alternative learning provision committed to improving the lives of young adults who have yet to find their way in life. We specialise in social behavioural and emotional education, providing learning support and guidance. We focus on the education of young people dis-engaged from mainstream education for whatever reason. Our learners gain life skills and independence in order to return or progress. The curriculum is designed around each individual learner, not only to gain a qualification but also develop their confidence and enrich their lives. Horizon also provide a wide range of short courses for anyone seeking to develop themselves and help them into employment, We also work closely with local businesses to arrange work experience placements.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

26,433.41

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
26 April 2025

And signed on behalf of the board by:
Name: Mr Mark Shanahan
Status: Director