| REGISTERED NUMBER: |
| Report of the Directors and |
| Unaudited Financial Statements for the Period 16 May 2023 to 30 June 2024 |
| for |
| THE SCHOOL FOR ETHICS AND GLOBAL |
| LEADERSHIP LIMITED |
| REGISTERED NUMBER: |
| Report of the Directors and |
| Unaudited Financial Statements for the Period 16 May 2023 to 30 June 2024 |
| for |
| THE SCHOOL FOR ETHICS AND GLOBAL |
| LEADERSHIP LIMITED |
| THE SCHOOL FOR ETHICS AND GLOBAL |
| LEADERSHIP LIMITED (REGISTERED NUMBER: 14871665) |
| Contents of the Financial Statements |
| for the Period 16 May 2023 to 30 June 2024 |
| Page |
| Company Information | 1 |
| Report of the Directors | 2 |
| Income Statement | 3 |
| Balance Sheet | 4 |
| Notes to the Financial Statements | 5 |
| THE SCHOOL FOR ETHICS AND GLOBAL |
| LEADERSHIP LIMITED |
| Company Information |
| for the Period 16 May 2023 to 30 June 2024 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 4th Floor, Portman House, |
| 2 Portman Street |
| London |
| W1H 6DU |
| THE SCHOOL FOR ETHICS AND GLOBAL |
| LEADERSHIP LIMITED (REGISTERED NUMBER: 14871665) |
| Report of the Directors |
| for the Period 16 May 2023 to 30 June 2024 |
| The directors present their report with the financial statements of the company for the period 16 May 2023 to 30 June 2024. |
| INCORPORATION |
| The company was incorporated on 16 May 2023 . |
| DIRECTORS |
| The directors who have held office during the period from 16 May 2023 to the date of this report are as follows: |
| All the directors who are eligible offer themselves for election at the forthcoming first Annual General Meeting. |
| This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies. |
| ON BEHALF OF THE BOARD: |
| THE SCHOOL FOR ETHICS AND GLOBAL |
| LEADERSHIP LIMITED (REGISTERED NUMBER: 14871665) |
| Income Statement |
| for the Period 16 May 2023 to 30 June 2024 |
| Notes | $ |
| TURNOVER |
| Cost of sales |
| GROSS DEFICIT | ( |
) |
| Administrative expenses |
| OPERATING DEFICIT and |
| DEFICIT BEFORE TAXATION | ( |
) |
| Tax on deficit |
| DEFICIT FOR THE FINANCIAL PERIOD | ( |
) |
| THE SCHOOL FOR ETHICS AND GLOBAL |
| LEADERSHIP LIMITED (REGISTERED NUMBER: 14871665) |
| Balance Sheet |
| 30 June 2024 |
| Notes | $ |
| CURRENT ASSETS |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 5 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
6 |
| NET LIABILITIES | ( |
) |
| RESERVES |
| Income and expenditure account | ( |
) |
| ( |
) |
| The directors acknowledge their responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| THE SCHOOL FOR ETHICS AND GLOBAL |
| LEADERSHIP LIMITED (REGISTERED NUMBER: 14871665) |
| Notes to the Financial Statements |
| for the Period 16 May 2023 to 30 June 2024 |
| 1. | STATUTORY INFORMATION |
| The company is Limited by Guarantee and each member guarantees to contribute the sum of £100 to the assets of the Company in the event of it being wound up. |
| OBJECTS |
| The Company is established as a 'not for profit' organisation and the main object and purpose of the |
| company is to provide general secondary education. Any profits or other income generated by the |
| Company shall be applied solely for the promotion of these objects. The Company shall not distribute |
| any profits to its members |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Taxation |
| Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference. |
| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the period was |
| THE SCHOOL FOR ETHICS AND GLOBAL |
| LEADERSHIP LIMITED (REGISTERED NUMBER: 14871665) |
| Notes to the Financial Statements - continued |
| for the Period 16 May 2023 to 30 June 2024 |
| 4. | OPERATING DEFICIT |
| The operating deficit is stated after charging: |
| $ |
| Formation costs | 1,170 |
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| $ |
| Other creditors |
| 6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| $ |
| Other creditors |