ACHROMATIC CIC

Company limited by guarantee

Company Registration Number:
12619861 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 1 June 2023

End date: 31 May 2024

ACHROMATIC CIC

Contents of the Financial Statements

for the Period Ended 31 May 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

ACHROMATIC CIC

Balance sheet

As at 31 May 2024

Notes 2024 2023


£
£
Fixed assets
Intangible assets: 3 13,000 12,500
Tangible assets: 4 2,200 1,800
Investments:   0 0
Total fixed assets: 15,200 14,300
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 0 0
Investments:   0 0
Total current assets: 0 0
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year:   0 0
Net current assets (liabilities): 0 0
Total assets less current liabilities: 15,200 14,300
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): 15,200 14,300
Members' funds
Profit and loss account: 15,200 14,300
Total members' funds: 15,200 14,300

The notes form part of these financial statements

ACHROMATIC CIC

Balance sheet statements

For the year ending 31 May 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 29 December 2025
and signed on behalf of the board by:

Name: Rishad Rayyaan
Status: Director

The notes form part of these financial statements

ACHROMATIC CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

ACHROMATIC CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 2 2

ACHROMATIC CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 June 2023 12,500 0 12,500
Additions 500 0 500
Disposals 0 0 0
Revaluations 0 0 0
Transfers 0 0 0
At 31 May 2024 13,000 0 13,000
Amortisation
At 1 June 2023 0 0 0
Charge for year 0 0 0
On disposals 0 0 0
Other adjustments 0 0 0
At 31 May 2024 0 0 0
Net book value
At 31 May 2024 13,000 0 13,000
At 31 May 2023 12,500 0 12,500

ACHROMATIC CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 June 2023 1,500 300 1,800
Additions 200 200 400
Disposals
Revaluations
Transfers
At 31 May 2024 1,700 500 2,200
Depreciation
At 1 June 2023
Charge for year
On disposals
Other adjustments
At 31 May 2024
Net book value
At 31 May 2024 1,700 500 2,200
At 31 May 2023 1,500 300 1,800

COMMUNITY INTEREST ANNUAL REPORT

ACHROMATIC CIC

Company Number: 12619861 (England and Wales)

Year Ending: 31 May 2024

Company activities and impact

We have not yet commenced any commercial or research activities with the company. However, we possess a robust team and intend to initiate our business operations within this fiscal year. At that point, our focus will be on environmental sustainability and secondary education in the United Kingdom.

Consultation with stakeholders

This company has yet to reach operational status. However, I have conversed with my wife, who is presently the sole other employee of the company.

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
29 December 2025

And signed on behalf of the board by:
Name: Rishad Rayyaan
Status: Director