Contents of the Financial Statements

for the Period Ended 31 December 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

Directors' report period ended 31 December 2024

The directors present their report with the financial statements of the company for the period ended 31 December 2024

Directors

The directors shown below have held office during the period of
19 September 2024 to 31 December 2024

Sophie Armstrong
Zainab Ansari

The directors shown below have held office during the period of
29 April 2024 to 31 December 2024

Aydin Bolton
Oliver Sighe
Kareena Rathod
Dayem Chugthai
Dorottya Fazakas
Josh Agarwal
Junting Jiang
Justin Highfield
Krita Shah
Swetha Nandakumar
Zeying Yang

The director shown below has held office during the period of
29 April 2024 to 17 October 2024

Ali Hussein Januwala

The directors shown below have held office during the period of
29 April 2024 to 11 September 2024

Jordan Muir
Sophie Khaleeque

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
23 April 2025

And signed on behalf of the board by:
Name: Aydin Bolton
Status: Director

Profit And Loss Account

for the Period Ended 31 December 2024

	2024	2023
	£	£
Turnover:	42,743	32,328
Cost of sales:	( 47,132 )	( 24,744 )
Gross profit(or loss):	(4,389)	7,584
Other operating income:	8,217	16,823
Operating profit(or loss):	3,828	24,407
Interest payable and similar charges:	0	0
Profit(or loss) before tax:	3,828	24,407
Tax:	0	0
Profit(or loss) for the financial year:	3,828	24,407

Balance sheet

As at 31 December 2024

	Notes	2024	2023
		£	£
Fixed assets
Investments:	3	222,596	209,762
Total fixed assets:		222,596	209,762
Current assets
Debtors:	4	14,824	18,072
Cash at bank and in hand:		21,455	36,498
Total current assets:		36,279	54,570
Creditors: amounts falling due within one year:	5	( 20,052 )	( 25,540 )
Net current assets (liabilities):		16,227	29,030
Total assets less current liabilities:		238,823	238,792
Creditors: amounts falling due after more than one year:	6		( 3,796 )
Total net assets (liabilities):		238,823	234,996
Members' funds
Profit and loss account:		238,823	234,996
Total members' funds:		238,823	234,996

The notes form part of these financial statements

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 notes form part of these financial statements

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

  Turnover policy

  Grants and sponsorships are apportioned across the time period of the agreement. Any income not recognised in the year is deferred into future accounting periods.

  Valuation information and policy

  Investments are stated at market value. The Statement of Financial Activities includes the net gains or losses arising from revaluations and disposals of investment assets during the year.

  Other accounting policies

  Direct expenditure on activities is reflected in the year in which the relevant events occur Going concern These financial statements have been prepared on a going concern basis, which assumes the company will have the ability to continue its operations to its members for a period of at least 12 months from the approval of these financial statements. The charity is expected to exist in perpetuity and reserves that have been maintained are more than sufficient to cover operational costs.

Notes to the Financial Statements

for the Period Ended 31 December 2024

• 2. Employees

  	2024	2023
  Average number of employees during the period	1	1