for the Period Ended 30 June 2024
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| Balance sheet | |
| Additional notes | |
| Community Interest Report |
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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 30 June 2024
Basis of measurement and preparation
for the Period Ended 30 June 2024
| 2024 | 2023 | |
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Exceltru runs regular education programs for student coming from abroad on cultural exchange school trips. This year many more students have been introduced to some of our innovative programmes such as 'The School Integration Programme'. This programme encompasses intensive English Language lessons along with the opportunity to integrate and to interact with British school children in their own school environment. Local residents - particularly those with spare rooms, have been able to host some of the students and teachers in their homes for an additional token. This has been beneficial for those on low income or needing additional financial support. As the payment is less than £7500 for the year, there will be no tax implication on the income received. Over 70 households would have benefited from this program financially. Most importantly, our foreign students are happy to have visited the UK, meet other students and experience our culture.
No consultation with stakeholders
The total amount paid or receivable by directors in respect of qualifying services was £10,000. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for directors’ loss of office, that required to be disclosed.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
1 August 2024
And signed on behalf of the board by:
Name: Abimbola Davies-Ero
Status: Director