PROGRESSAY IMPACT CIC

Company limited by guarantee

Company Registration Number:
12294686 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 1 January 2024

End date: 31 December 2024

PROGRESSAY IMPACT CIC

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

PROGRESSAY IMPACT CIC

Balance sheet

As at 31 December 2024

Notes 2024 2023


£

£
Current assets
Debtors: 3 3,710 300
Cash at bank and in hand: 743 2,271
Total current assets: 4,453 2,571
Creditors: amounts falling due within one year: 4 ( 823 ) ( 823 )
Net current assets (liabilities): 3,630 1,748
Total assets less current liabilities: 3,630 1,748
Total net assets (liabilities): 3,630 1,748
Members' funds
Profit and loss account: 3,630 1,748
Total members' funds: 3,630 1,748

The notes form part of these financial statements

PROGRESSAY IMPACT CIC

Balance sheet statements

For the year ending 31 December 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.

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 1 September 2025
and signed on behalf of the board by:

Name: Moktar Alqaderi
Status: Director

The notes form part of these financial statements

PROGRESSAY IMPACT CIC

Notes to the Financial Statements

for the Period Ended 31 December 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

PROGRESSAY IMPACT CIC

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 5 5

PROGRESSAY IMPACT CIC

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Debtors

2024 2023
£ £
Trade debtors 3,710 300
Total 3,710 300

PROGRESSAY IMPACT CIC

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Other creditors 823 823
Total 823 823

COMMUNITY INTEREST ANNUAL REPORT

PROGRESSAY IMPACT CIC

Company Number: 12294686 (England and Wales)

Year Ending: 31 December 2024

Company activities and impact

Our mission at Progressay Impact CIC is to enhance social mobility for residents in London, by connecting them with opportunities to develop new skills. In doing so, we hope to reduce crime and anti-social behaviour. We are proud to deliver a rich breadth of services that serve to develop a wide range of skills for our service users. We provide high quality Maths and English tuition for students between the ages of 5-18. We run Kensington Impact FC, which offers football classes to all children aged 5-11, delivered by qualified coaches. We run Impact Mindful Martial Arts that offers Taekwondo classes every Fridays and Sundays for children aged 5-18. We also run Impact Writer's Club to help children and young people write and publish their own books. There were over 5000 registrations in the year.

Consultation with stakeholders

The company's stakeholders are consulted regularly using questionnaires to ascertain their needs and tailor our services accordingly.

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
1 September 2025

And signed on behalf of the board by:
Name: Moktar Alqaderi
Status: Director