EDINBURGH BADMINTON ACADEMY CIC

Company limited by guarantee

Company Registration Number:
SC654380 (Scotland)

Unaudited statutory accounts for the year ended 28 February 2025

Period of accounts

Start date: 1 March 2024

End date: 28 February 2025

EDINBURGH BADMINTON ACADEMY CIC

Contents of the Financial Statements

for the Period Ended 28 February 2025

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

EDINBURGH BADMINTON ACADEMY CIC

Balance sheet

As at 28 February 2025

Notes 2025 2024


£

£
Fixed assets
Tangible assets: 3 433 650
Total fixed assets: 433 650
Current assets
Stocks: 4 12,422 0
Cash at bank and in hand: 43,790 46,502
Total current assets: 56,212 46,502
Creditors: amounts falling due within one year: 5 ( 29,557 ) ( 21,167 )
Net current assets (liabilities): 26,655 25,335
Total assets less current liabilities: 27,088 25,985
Total net assets (liabilities): 27,088 25,985
Members' funds
Profit and loss account: 27,088 25,985
Total members' funds: 27,088 25,985

The notes form part of these financial statements

EDINBURGH BADMINTON ACADEMY CIC

Balance sheet statements

For the year ending 28 February 2025 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 12 June 2025
and signed on behalf of the board by:

Name: Gregory Broadbent
Status: Director

The notes form part of these financial statements

EDINBURGH BADMINTON ACADEMY CIC

Notes to the Financial Statements

for the Period Ended 28 February 2025

  • 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 Turnover comprises the invoiced value of goods and services supplied by the company plus grants received, net of Value Added Tax (where VAT registered) and trade discounts.

    Tangible fixed assets depreciation policy

    Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: Fixtures and Fittings 33% Reducing Balance

    Other accounting policies

    Stocks Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion off fixed and variable overheads.

EDINBURGH BADMINTON ACADEMY CIC

Notes to the Financial Statements

for the Period Ended 28 February 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 55 52

EDINBURGH BADMINTON ACADEMY CIC

Notes to the Financial Statements

for the Period Ended 28 February 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 March 2024 1,807 1,807
Additions
Disposals
Revaluations
Transfers
At 28 February 2025 1,807 1,807
Depreciation
At 1 March 2024 1,157 1,157
Charge for year 217 217
On disposals
Other adjustments
At 28 February 2025 1,374 1,374
Net book value
At 28 February 2025 433 433
At 29 February 2024 650 650

EDINBURGH BADMINTON ACADEMY CIC

Notes to the Financial Statements

for the Period Ended 28 February 2025

4. Stocks

2025 2024
£ £
Stocks 12,422 0
Total 12,422 0

EDINBURGH BADMINTON ACADEMY CIC

Notes to the Financial Statements

for the Period Ended 28 February 2025

5. Creditors: amounts falling due within one year note

2025 2024
£ £
Taxation and social security 5,272 4,068
Accruals and deferred income 730 770
Other creditors 23,555 16,329
Total 29,557 21,167

COMMUNITY INTEREST ANNUAL REPORT

EDINBURGH BADMINTON ACADEMY CIC

Company Number: SC654380 (Scotland)

Year Ending: 28 February 2025

Company activities and impact

Edinburgh Badminton Academy has gone through an exciting and dynamic year, furthering our impact and initiatives aimed at fostering inclusivity, participation and accessibility to badminton. Our adult games sessions are thriving, with an exciting and full schedule of weekly sessions for adults of all ages, backgrounds and abilities. We have a thriving women's only session and have increased women's participation in our social level tournaments. We have taken over from Badminton Scotland in running the junior performance section (RPP) for the east area of Scotland, which we have grown and increased accessibility, meaning more children can be involved in high level badminton and reaching their full potential. We have continued offering discounted memberships to those children who need it, allowing selected children to play as many times as they like each week for no extra cost. To support our continued development and growth as a club we have taken on another full time coach, meaning we have four full time members of staff working on developing badminton and our coaching team.

Consultation with stakeholders

Our stakeholders encompass our members, over governing body, Badminton Scotland, sports facilities and venues, our coaching staff and the local community. We often ask for detail feedback via questionnaires to our members, discussing directly with parents and players at sessions and liaising with Badminton Scotland representatives with regular meetings. We are dynamic in adjusting and responding to feedback from our stakeholders and integrating feedback into our strategic planning. Examples of how we have adjusted because of these conversations include restructuring our performance grouping structure, changing times of sessions to suit a wider demographic of player, adding in extra venues and session types which are in demand, creating custom software which meaning players are fairly ranked and paired with others of the same level within sessions. These are just some examples, we are constantly making improvements and seeking engagement from stakeholders.

Directors' remuneration

The aggregate amount of emoluments paid to or receivable by directors in respect of qualifying services can be found in the detailed income statement in the accounts. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director's loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
12 June 2025

And signed on behalf of the board by:
Name: Gregory Broadbent
Status: Director