HOPE AND FUTURE ACADEMY CIC

Company limited by guarantee

Company Registration Number:
14970040 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2025

Period of accounts

Start date: 1 June 2024

End date: 31 May 2025

HOPE AND FUTURE ACADEMY CIC

Contents of the Financial Statements

for the Period Ended 31 May 2025

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

HOPE AND FUTURE ACADEMY CIC

Directors' report period ended 31 May 2025

The directors present their report with the financial statements of the company for the period ended 31 May 2025

Principal activities of the company

Community coaching football club.



Directors

The directors shown below have held office during the whole of the period from
1 June 2024 to 31 May 2025

Harcharan Arora
Gurpal Singh Marway
Thomas Singleton


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
6 August 2025

And signed on behalf of the board by:
Name: Harcharan Arora
Status: Director

HOPE AND FUTURE ACADEMY CIC

Profit And Loss Account

for the Period Ended 31 May 2025

2025 11 months to 31 May 2024


£

£
Turnover: 8,919 10,206
Cost of sales: ( 7,663 ) ( 4,732 )
Gross profit(or loss): 1,256 5,474
Administrative expenses: ( 4,195 ) ( 5,490 )
Operating profit(or loss): (2,939) (16)
Interest payable and similar charges: ( 16 )
Profit(or loss) before tax: (2,955) (16)
Profit(or loss) for the financial year: (2,955) (16)

HOPE AND FUTURE ACADEMY CIC

Balance sheet

As at 31 May 2025

Notes 2025 11 months to 31 May 2024


£

£
Current assets
Cash at bank and in hand: 918 2,819
Total current assets: 918 2,819
Creditors: amounts falling due within one year: 3 ( 3,889 ) ( 2,835 )
Net current assets (liabilities): (2,971) (16)
Total assets less current liabilities: (2,971) ( 16)
Total net assets (liabilities): (2,971) (16)
Members' funds
Profit and loss account: (2,971) ( 16)
Total members' funds: ( 2,971) (16)

The notes form part of these financial statements

HOPE AND FUTURE ACADEMY CIC

Balance sheet statements

For the year ending 31 May 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.

This report was approved by the board of directors on 6 August 2025
and signed on behalf of the board by:

Name: Harcharan Arora
Status: Director

The notes form part of these financial statements

HOPE AND FUTURE ACADEMY CIC

Notes to the Financial Statements

for the Period Ended 31 May 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

HOPE AND FUTURE ACADEMY CIC

Notes to the Financial Statements

for the Period Ended 31 May 2025

  • 2. Employees

    2025 11 months to 31 May 2024
    Average number of employees during the period 3 1

HOPE AND FUTURE ACADEMY CIC

Notes to the Financial Statements

for the Period Ended 31 May 2025

3. Creditors: amounts falling due within one year note

2025 11 months to 31 May 2024
£ £
Accruals and deferred income 460 480
Other creditors 3,429 2,355
Total 3,889 2,835

COMMUNITY INTEREST ANNUAL REPORT

HOPE AND FUTURE ACADEMY CIC

Company Number: 14970040 (England and Wales)

Year Ending: 31 May 2025

Company activities and impact

Hope & Future Academy CIC has continued to benefit the local community by organising football for children of different age ranges and measuring innovative practices that introduce more children to the positive benefits of sport. Their aims of any session is to provide children with the opportunity to learn basic football skills, whilst understanding the importance of being physically active.

Consultation with stakeholders

The company’s stakeholders are directors Harcharan Arora, Gurpal Marway & Thomas Singleton. The secretary for the company is Harcharan Arora who deals with the office admin/side.

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 August 2025

And signed on behalf of the board by:
Name: Harcharan Arora
Status: Director