JAGS FOUNDATION CIC

Company limited by guarantee

Company Registration Number:
07305010 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2024

Period of accounts

Start date: 1 August 2023

End date: 31 July 2024

JAGS FOUNDATION CIC

Contents of the Financial Statements

for the Period Ended 31 July 2024

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

JAGS FOUNDATION CIC

Profit And Loss Account

for the Period Ended 31 July 2024

2024 2023


£

£
Turnover: 95,746 189,136
Cost of sales: ( 34,650 ) ( 44,903 )
Gross profit(or loss): 61,096 144,233
Administrative expenses: ( 56,972 ) ( 137,030 )
Operating profit(or loss): 4,124 7,203
Interest payable and similar charges: ( 652 ) ( 825 )
Profit(or loss) before tax: 3,472 6,378
Tax: ( 660 ) ( 1,212 )
Profit(or loss) for the financial year: 2,812 5,166

JAGS FOUNDATION CIC

Balance sheet

As at 31 July 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 405 405
Total fixed assets: 405 405
Current assets
Debtors: 4 45,650 38,178
Cash at bank and in hand: 22,729 20,642
Total current assets: 68,379 58,820
Creditors: amounts falling due within one year: 5 ( 40,686 ) ( 33,939 )
Net current assets (liabilities): 27,693 24,881
Total assets less current liabilities: 28,098 25,286
Total net assets (liabilities): 28,098 25,286
Members' funds
Profit and loss account: 28,098 25,286
Total members' funds: 28,098 25,286

The notes form part of these financial statements

JAGS FOUNDATION CIC

Balance sheet statements

For the year ending 31 July 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 28 August 2025
and signed on behalf of the board by:

Name: Rebecca SMARTT-FORD
Status: Director

The notes form part of these financial statements

JAGS FOUNDATION CIC

Notes to the Financial Statements

for the Period Ended 31 July 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

JAGS FOUNDATION CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 5 9

JAGS FOUNDATION CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 August 2023 7,539 7,539
Additions
Disposals
Revaluations
Transfers
At 31 July 2024 7,539 7,539
Depreciation
At 1 August 2023 7,134 7,134
Charge for year
On disposals
Other adjustments
At 31 July 2024 7,134 7,134
Net book value
At 31 July 2024 405 405
At 31 July 2023 405 405

JAGS FOUNDATION CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Debtors

2024 2023
£ £
Trade debtors 29,100 28,178
Prepayments and accrued income 8,550 10,000
Other debtors 8,000
Total 45,650 38,178

JAGS FOUNDATION CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 1,255 1,955
Taxation and social security 39,346 31,899
Other creditors 85 85
Total 40,686 33,939

COMMUNITY INTEREST ANNUAL REPORT

JAGS FOUNDATION CIC

Company Number: 07305010 (England and Wales)

Year Ending: 31 July 2024

Company activities and impact

In the space provided below, please insert a general account of the company’s activities in the financial year to which the report relates, including a description of how they have benefited the community.

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
28 August 2025

And signed on behalf of the board by:
Name: Rebecca SMARTT-FORD
Status: Director