KINETIC MARTIAL ARTS CIC

Company Registration Number:
NI704841 (Northern Ireland)

Unaudited statutory accounts for the year ended 30 November 2024

Period of accounts

Start date: 15 November 2023

End date: 30 November 2024

KINETIC MARTIAL ARTS CIC

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

KINETIC MARTIAL ARTS CIC

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
15 November 2023 to 30 November 2024

Martin Brammeld
Gavin Whyte


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
31 July 2025

And signed on behalf of the board by:
Name: Martin Brammeld
Status: Director

KINETIC MARTIAL ARTS CIC

Profit And Loss Account

for the Period Ended 30 November 2024

13 months to 30 November 2024


£
Turnover: 15,715
Cost of sales: ( 1,118 )
Gross profit(or loss): 14,597
Administrative expenses: ( 15,968 )
Operating profit(or loss): (1,371)
Profit(or loss) before tax: (1,371)
Profit(or loss) for the financial year: (1,371)

KINETIC MARTIAL ARTS CIC

Balance sheet

As at 30 November 2024

Notes 13 months to 30 November 2024


£
Called up share capital not paid: 0
Fixed assets
Intangible assets:   0
Tangible assets: 3 4,237
Investments:   0
Total fixed assets: 4,237
Current assets
Cash at bank and in hand: 1,627
Total current assets: 1,627
Creditors: amounts falling due within one year: 4 ( 7,235 )
Net current assets (liabilities): (5,608)
Total assets less current liabilities: (1,371)
Total net assets (liabilities): (1,371)
Capital and reserves
Called up share capital: 2
Profit and loss account: (1,373 )
Total Shareholders' funds: ( 1,371 )

The notes form part of these financial statements

KINETIC MARTIAL ARTS CIC

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 31 July 2025
and signed on behalf of the board by:

Name: Martin Brammeld
Status: Director

The notes form part of these financial statements

KINETIC MARTIAL ARTS CIC

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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

    Tangible fixed assets depreciation policy

    Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: Fixtures & fittings - 4 Years Straight Line

    Other accounting policies

    Deferred taxation Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

KINETIC MARTIAL ARTS CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 2. Employees

    13 months to 30 November 2024
    Average number of employees during the period 2

KINETIC MARTIAL ARTS CIC

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 £ £ £ £ £ £
Additions 5,650 5,650
Disposals
Revaluations
Transfers
At 30 November 2024 5,650 5,650
Depreciation
Charge for year 1,413 1,413
On disposals
Other adjustments
At 30 November 2024 1,413 1,413
Net book value
At 30 November 2024 4,237 4,237

KINETIC MARTIAL ARTS CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

4. Creditors: amounts falling due within one year note

13 months to 30 November 2024
£
Other creditors 7,235
Total 7,235

COMMUNITY INTEREST ANNUAL REPORT

KINETIC MARTIAL ARTS CIC

Company Number: NI704841 (Northern Ireland)

Year Ending: 30 November 2024

Company activities and impact

During the financial year, Kinetic Martial Arts CIC continued to deliver on its core objective of promoting health, wellbeing, discipline, and personal development through martial arts training and community-based initiatives. The company's activities provided significant benefit to the local community in the following ways: Accessible Training: Delivered low-cost or subsidised martial arts classes for children, young people, and adults, ensuring affordability for individuals from disadvantaged or low-income backgrounds. Youth Engagement: Provided a structured and supportive environment for at-risk or disengaged youth, helping to improve confidence, reduce antisocial behaviour, and encourage positive life choices. Inclusion & Wellbeing: Delivered inclusive classes for individuals with additional needs and those struggling with mental health challenges, supporting both physical and emotional wellbeing. Volunteer Development: Created opportunities for local volunteers to train, assist, and progress towards coaching qualifications, fostering local leadership and skills development. The company remains committed to reinvesting any surplus back into its community programmes, with a focus on expanding reach and impact in the year ahead.

Consultation with stakeholders

No consultation with stakeholders

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
31 July 2025

And signed on behalf of the board by:
Name: Martin Brammeld
Status: Director