SIGHT TECH FOUNDATION CIC

Company limited by guarantee

Company Registration Number:
14464884 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2024

Period of accounts

Start date: 1 December 2023

End date: 30 November 2024

SIGHT TECH FOUNDATION 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

SIGHT TECH FOUNDATION 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
1 December 2023 to 30 November 2024

Jah, Abdoulie
Jabang, Mustapha


Secretary Oumie Faal

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
20 June 2025

And signed on behalf of the board by:
Name: Jah, Abdoulie
Status: Director

SIGHT TECH FOUNDATION CIC

Profit And Loss Account

for the Period Ended 30 November 2024

2024 13 months to 30 November 2023


£

£
Turnover: 9,057 130
Cost of sales: ( 7,157 ) 0
Gross profit(or loss): 1,900 130
Distribution costs: 0 0
Administrative expenses: ( 2,500 ) ( 972 )
Other operating income: 0 0
Operating profit(or loss): (600) (842)
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: (600) (842)
Tax: 0 0
Profit(or loss) for the financial year: (600) (842)

SIGHT TECH FOUNDATION CIC

Balance sheet

As at 30 November 2024

Notes 2024 13 months to 30 November 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 1,786 49
Investments:   0 0
Total current assets: 1,786 49
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 3 ( 2,378 ) ( 891 )
Net current assets (liabilities): (592) (842)
Total assets less current liabilities: (592) ( 842)
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): (592) (842)
Members' funds
Profit and loss account: (592) ( 842)
Total members' funds: ( 592) (842)

The notes form part of these financial statements

SIGHT TECH FOUNDATION 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 20 June 2025
and signed on behalf of the board by:

Name: Jah, Abdoulie
Status: Director

The notes form part of these financial statements

SIGHT TECH FOUNDATION 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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

SIGHT TECH FOUNDATION CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 2. Employees

    2024 13 months to 30 November 2023
    Average number of employees during the period 1 0

SIGHT TECH FOUNDATION CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

3. Creditors: amounts falling due within one year note

2024 13 months to 30 November 2023
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0
Taxation and social security 0 0
Accruals and deferred income 1,375 185
Other creditors 1,003 706
Total 2,378 891

COMMUNITY INTEREST ANNUAL REPORT

SIGHT TECH FOUNDATION CIC

Company Number: 14464884 (England and Wales)

Year Ending: 30 November 2024

Company activities and impact

Sight Tech Foundation CIC provided training and development to advance education, function skills of the African and migrant communities to enable them to compete effectively and live successfully in the United Kingdom

Consultation with stakeholders

The company stakeholders are all members of the local community, i.e. those who live, work, are being educated or trained in the Nottingham area, or who share their interests. Our ethos has always been to invite the participation and involvement of everyone locally

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
20 June 2025

And signed on behalf of the board by:
Name: Jah, Abdoulie
Status: Director