HOLCOMBE TALENT ACADEMY C.I.C.

Company limited by guarantee

Company Registration Number:
14462241 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2024

Period of accounts

Start date: 1 September 2023

End date: 31 August 2024

HOLCOMBE TALENT ACADEMY C.I.C.

Contents of the Financial Statements

for the Period Ended 31 August 2024

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

HOLCOMBE TALENT ACADEMY C.I.C.

Profit And Loss Account

for the Period Ended 31 August 2024

2024 10 months to 31 August 2023


£

£
Turnover: 46,588 38,821
Cost of sales: ( 21,549 ) ( 11,296 )
Gross profit(or loss): 25,039 27,525
Distribution costs: 0 0
Administrative expenses: ( 22,488 ) ( 27,525 )
Other operating income: 1,280 0
Operating profit(or loss): 3,831 0
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 3,831 0
Tax: 0 0
Profit(or loss) for the financial year: 3,831 0

HOLCOMBE TALENT ACADEMY C.I.C.

Balance sheet

As at 31 August 2024

Notes 2024 10 months to 31 August 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 1 1
Investments:   0 0
Total current assets: 1 1
Prepayments and accrued income: 1 1
Creditors: amounts falling due within one year: 3 ( 1 ) ( 1 )
Net current assets (liabilities): 1 1
Total assets less current liabilities: 1 1
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 1 1
Members' funds
Profit and loss account: 1 1
Total members' funds: 1 1

The notes form part of these financial statements

HOLCOMBE TALENT ACADEMY C.I.C.

Balance sheet statements

For the year ending 31 August 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 6 April 2025
and signed on behalf of the board by:

Name: Robert Brunt
Status: Director

The notes form part of these financial statements

HOLCOMBE TALENT ACADEMY C.I.C.

Notes to the Financial Statements

for the Period Ended 31 August 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

HOLCOMBE TALENT ACADEMY C.I.C.

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees

    2024 10 months to 31 August 2023
    Average number of employees during the period 4 5

HOLCOMBE TALENT ACADEMY C.I.C.

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Creditors: amounts falling due within one year note

2024 10 months to 31 August 2023
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 0 0
Accruals and deferred income 0 0
Other creditors 1 1
Total 1 1

COMMUNITY INTEREST ANNUAL REPORT

HOLCOMBE TALENT ACADEMY C.I.C.

Company Number: 14462241 (England and Wales)

Year Ending: 31 August 2024

Company activities and impact

The company runs the Holcombe Talent Academy, a field hockey sports team in Rochester with a particular emphasis on providing a safe environment for children and young people to participate in physical activity where welfare and educational support is a priority. The academy incorporated in November 2022. During the 2024/25 season, the academics activities have benefited the community in the following ways: - 50+ young players aged 14-18 have participated in playing field hockey through the academy; - Young people have developed as individuals by targeting their confidence and self-esteem. We encouraged teamwork, determination, and discipline; - Supported the sport, fitness, and welfare of young people in the community; and - Provided access to quality coaching and facilities to children and young people of all backgrounds including without limitation their social, economic, ethnic or religious background.

Consultation with stakeholders

The company's stakeholders is multi-faceted. Primarily our stakeholders and the young children (players) and their parents who are immediately involved in the academy. We also have an outreach program to the schools and clubs across Kent in the hopes of developing the sport within the local community and provide support to schools and clubs by way of developing talent and fostering a healthy environment for young persons to involve themselves in sport. As part of the outreach program, we have undertaken stakeholder satisfaction surveys in collaboration with our sporting national governing body (England Hockey). This helped us to build up an idea of where the academy system is improving access to sport and the safety/quality of sporting environment for young people in field hockey. Our research has shown that there is still a significant gap in access to field hockey between state-maintained school players and fee paying school players. There is also an enormous margin between the White - British demographic players the sport proportionate to other ethnicities. Building stronger connections with local schools and communities via the academy is important to ensure players from different ethnic backgrounds have different opportunities and routes to access a safe environment to play the sport.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

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

And signed on behalf of the board by:
Name: Robert Brunt
Status: Director