PHYSICAL CULTURE ASSOCIATION C.I.C.

Company limited by guarantee

Company Registration Number:
09859302 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2024

Period of accounts

Start date: 1 December 2023

End date: 30 November 2024

PHYSICAL CULTURE ASSOCIATION C.I.C.

Contents of the Financial Statements

for the Period Ended 30 November 2024

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

PHYSICAL CULTURE ASSOCIATION C.I.C.

Directors' report period ended 30 November 2024

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

Directors

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

Ryan Alexander
Natalie Stewart


The director shown below has held office during the period of
1 December 2023 to 28 November 2024

Stuart Dyson


Secretary Natalie Stewart

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
4 March 2025

And signed on behalf of the board by:
Name: Ryan Alexander
Status: Director

PHYSICAL CULTURE ASSOCIATION C.I.C.

Profit And Loss Account

for the Period Ended 30 November 2024

2024 2023


£

£
Turnover: 421,431 323,799
Cost of sales: ( 245,345 ) ( 217,135 )
Gross profit(or loss): 176,086 106,664
Administrative expenses: ( 116,925 ) ( 113,070 )
Other operating income: 3,782 3,782
Operating profit(or loss): 62,943 (2,624)
Interest payable and similar charges: ( 671 ) ( 915 )
Profit(or loss) before tax: 62,272 (3,539)
Tax: ( 5,552 ) ( 20 )
Profit(or loss) for the financial year: 56,720 (3,559)

PHYSICAL CULTURE ASSOCIATION C.I.C.

Balance sheet

As at 30 November 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 1,089 1,683
Total fixed assets: 1,089 1,683
Current assets
Debtors: 4 47,136 63,783
Cash at bank and in hand: 87,112 15,861
Total current assets: 134,248 79,644
Creditors: amounts falling due within one year: 5 ( 62,268 ) ( 40,034 )
Net current assets (liabilities): 71,980 39,610
Total assets less current liabilities: 73,069 41,293
Creditors: amounts falling due after more than one year: 6 ( 6,900 ) ( 17,120 )
Provision for liabilities: ( 207 ) ( 320 )
Accruals and deferred income: ( 27,244 ) ( 25,605 )
Total net assets (liabilities): 38,718 (1,752)
Members' funds
Profit and loss account: 38,718 ( 1,752)
Total members' funds: 38,718 (1,752)

The notes form part of these financial statements

PHYSICAL CULTURE ASSOCIATION C.I.C.

Balance sheet statements

For the year ending 30 November 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 4 March 2025
and signed on behalf of the board by:

Name: Ryan Alexander
Status: Director

The notes form part of these financial statements

PHYSICAL CULTURE ASSOCIATION C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 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

PHYSICAL CULTURE ASSOCIATION C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 3 3

PHYSICAL CULTURE ASSOCIATION C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 December 2023 3,500 25,334 28,834
Additions
Disposals
Revaluations
Transfers
At 30 November 2024 3,500 25,334 28,834
Depreciation
At 1 December 2023 3,465 23,686 27,151
Charge for year 34 560 594
On disposals
Other adjustments
At 30 November 2024 3,499 24,246 27,745
Net book value
At 30 November 2024 1 1,088 1,089
At 30 November 2023 35 1,648 1,683

PHYSICAL CULTURE ASSOCIATION C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2024

4. Debtors

2024 2023
£ £
Trade debtors 8,300 9,984
Other debtors 38,836 53,799
Total 47,136 63,783

PHYSICAL CULTURE ASSOCIATION C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 9,977 9,734
Taxation and social security 25,096 4,850
Accruals and deferred income 706 1,399
Other creditors 26,489 24,051
Total 62,268 40,034

PHYSICAL CULTURE ASSOCIATION C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2024

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

2024 2023
£ £
Bank loans and overdrafts 6,900 17,120
Total 6,900 17,120

PHYSICAL CULTURE ASSOCIATION C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2024

7. Loans to directors

Name of director receiving advance or credit: Ryan Alexander
Description of the transaction:
Advances
£
Balance at 30 November 2023 2,469
Advances or credits made: 22,004
Advances or credits repaid:
Balance at 30 November 2024 24,473

Name of director receiving advance or credit:
Description of the transaction:
Repaid
£
Balance at 30 November 2023 26,557
Advances or credits made:
Advances or credits repaid: 12,750
Balance at 30 November 2024 13,807

COMMUNITY INTEREST ANNUAL REPORT

PHYSICAL CULTURE ASSOCIATION C.I.C.

Company Number: 09859302 (England and Wales)

Year Ending: 30 November 2024

Company activities and impact

It benefits the local community by promoting health, fitness, exercise, wellbeing, good nutrition and to help individuals break into the fitness industry. Our goal is the evolution of physical culture with ethos of enhancing integrity and values, diversity, dynamics, innovation and passion within the fitness scene. The company has held several shows and fitness events for our members to participate plus workshops for exercise and nutritional education. We also encourage member participation with discussions on social media platforms.

Consultation with stakeholders

We currently have around 3,000 members (pre-pandemic 2,700). Members attend meetings, seminars and events. We actively and continually request and receive feedback from all year round through emails and inviting debate through social media. We discuss and frequently change this as a result of said feedback.

Directors' remuneration

Directors remuneration is as follows: Mr R Alexander £34,800.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
24 July 2025

And signed on behalf of the board by:
Name: Ryan Alexander
Status: Director