OAGPA CIC

Company limited by guarantee

Company Registration Number:
14354279 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2024

Period of accounts

Start date: 1 October 2023

End date: 30 September 2024

OAGPA CIC

Contents of the Financial Statements

for the Period Ended 30 September 2024

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

OAGPA CIC

Directors' report period ended 30 September 2024

The directors present their report with the financial statements of the company for the period ended 30 September 2024

Directors

The directors shown below have held office during the whole of the period from
1 October 2023 to 30 September 2024

Miss Laura Stockwell
Ms Caroline Day


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
25 April 2025

And signed on behalf of the board by:
Name: Miss Laura Stockwell
Status: Director

OAGPA CIC

Profit And Loss Account

for the Period Ended 30 September 2024

2024 13 months to 30 September 2023


£

£
Turnover: 218,226 181,837
Cost of sales: ( 17,125 ) ( 13,610 )
Gross profit(or loss): 201,101 168,227
Administrative expenses: ( 194,191 ) ( 165,907 )
Operating profit(or loss): 6,910 2,320
Profit(or loss) before tax: 6,910 2,320
Tax: ( 1,313 ) ( 441 )
Profit(or loss) for the financial year: 5,597 1,879

OAGPA CIC

Balance sheet

As at 30 September 2024

Notes 2024 13 months to 30 September 2023


£

£
Current assets
Debtors: 3 1,800 1,800
Cash at bank and in hand: 29,364 33,600
Total current assets: 31,164 35,400
Net current assets (liabilities): 31,164 35,400
Total assets less current liabilities: 31,164 35,400
Creditors: amounts falling due after more than one year: 4 ( 23,688 ) ( 33,521 )
Total net assets (liabilities): 7,476 1,879
Members' funds
Profit and loss account: 7,476 1,879
Total members' funds: 7,476 1,879

The notes form part of these financial statements

OAGPA CIC

Balance sheet statements

For the year ending 30 September 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: Miss Laura Stockwell
Status: Director

The notes form part of these financial statements

OAGPA CIC

Notes to the Financial Statements

for the Period Ended 30 September 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

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

OAGPA CIC

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 2. Employees

    2024 13 months to 30 September 2023
    Average number of employees during the period 12 10

OAGPA CIC

Notes to the Financial Statements

for the Period Ended 30 September 2024

3. Debtors

2024 13 months to 30 September 2023
£ £
Prepayments and accrued income 1,800 1,800
Total 1,800 1,800

OAGPA CIC

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Creditors: amounts falling due after more than one year note

2024 13 months to 30 September 2023
£ £
Other creditors 23,688 33,521
Total 23,688 33,521

COMMUNITY INTEREST ANNUAL REPORT

OAGPA CIC

Company Number: 14354279 (England and Wales)

Year Ending: 30 September 2024

Company activities and impact

The company runs a club teaching acrobatics and Gymnastics. This is available to all members of the community. It helps to support the health and personal development of members and staff. It provides a safe child-friendly environment in which training is provided by expert staff. Programs of development are provided for all ages and abilities. General training leads to entry in competitions, encouraging pupils to aspire to great achievements. The parents of the children can be confident in their safety. All staff employed are from the local area. Many have been members of the club, which is committed to developing a dedicated expert workforce in an agreeable working environment.

Consultation with stakeholders

The company holds regular staff meetings where staff are encouraged to raise concerns and make suggestions. Parents and students are consulted by staff in order to understand their development needs and improve their learning experience. The directors have channelled their personal successes in gymnastics into their coaching which adds to the quality of the teaching and support given to all pupils.

Directors' remuneration

Remuneration received by the two directors during the financial is as follows: Ms C Day £54,000 Ms L Stockwell £54,000 The remuneration of the directors is below market value as they are committed to the future of the club.

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: Miss Laura Stockwell
Status: Director