Companies House 15302177 2025-11-30 2025-11-30 2024-12-01 false iso4217:GBP xbrli:pure 15302177 2023-11-22 2024-11-30 15302177 2025-11-30 15302177 2024-12-01 2025-11-30 15302177 2024-11-30 15302177 curr:PoundSterling 2024-12-01 2025-11-30 15302177 uk-bus:CompanyLimitedByGuarantee 2024-12-01 2025-11-30 15302177 uk-bus:FRS102 2024-12-01 2025-11-30 15302177 uk-bus:AuditExempt-NoAccountantsReport 2024-12-01 2025-11-30 15302177 uk-bus:FullAccounts 2024-12-01 2025-11-30 15302177 uk-bus:RegisteredOffice 2024-12-01 2025-11-30 15302177 uk-bus:Director1 2024-12-01 2025-11-30 15302177 uk-bus:Director2 2024-12-01 2025-11-30 15302177 uk-bus:Director3 2024-12-01 2025-11-30 15302177 uk-bus:Director4 2024-12-01 2025-11-30 15302177 uk-bus:Director5 2024-12-01 2025-11-30 15302177 uk-bus:Director6 2024-12-01 2025-11-30 15302177 uk-bus:Director7 2024-12-01 2025-11-30 15302177 uk-bus:Director8 2024-12-01 2025-11-30 15302177 uk-bus:Director9 2024-12-01 2025-11-30 15302177 uk-bus:Director10 2024-12-01 2025-11-30 15302177 uk-bus:Director11 2024-12-01 2025-11-30 15302177 uk-bus:Director12 2024-12-01 2025-11-30 15302177 uk-bus:Director13 2024-12-01 2025-11-30 15302177 uk-bus:Director14 2024-12-01 2025-11-30 15302177 uk-bus:Director15 2024-12-01 2025-11-30 15302177 uk-bus:Director16 2024-12-01 2025-11-30 15302177 uk-bus:Director17 2024-12-01 2025-11-30 15302177 uk-bus:Director18 2024-12-01 2025-11-30 15302177 uk-bus:Director19 2024-12-01 2025-11-30 15302177 uk-bus:Director20 2024-12-01 2025-11-30 15302177 uk-bus:Director21 2024-12-01 2025-11-30 15302177 uk-bus:CompanySecretary1 2024-12-01 2025-11-30 15302177 core:AfterOneYear 2025-11-30 15302177 core:AfterOneYear 2024-11-30 15302177 core:WithinOneYear 2025-11-30 15302177 core:WithinOneYear 2024-11-30 15302177 core:WithinOneYear 2024-12-01 2025-11-30 15302177 core:AfterOneYear 2025-11-30 15302177 core:AfterOneYear 2024-11-30 15302177 core:AfterOneYear 2024-12-01 2025-11-30 15302177 core:ShareCapital 2025-11-30 15302177 core:ShareCapital 2024-11-30 15302177 core:SharePremium 2025-11-30 15302177 core:SharePremium 2024-11-30 15302177 core:OtherReservesSubtotal 2025-11-30 15302177 core:OtherReservesSubtotal 2024-11-30 15302177 core:RevaluationReserve 2025-11-30 15302177 core:RevaluationReserve 2024-11-30 15302177 core:RetainedEarningsAccumulatedLosses 2025-11-30 15302177 core:RetainedEarningsAccumulatedLosses 2024-11-30 15302177 1 2024-12-01 2025-11-30 15302177 2 2024-12-01 2025-11-30 15302177 3 2024-12-01 2025-11-30 15302177 core:LandBuildings 2024-12-01 2025-11-30 15302177 core:LandBuildings 2025-11-30 15302177 core:LandBuildings 2023-11-22 2024-11-30 15302177 core:LandBuildings 2024-11-30 15302177 core:PlantMachinery 2024-12-01 2025-11-30 15302177 core:PlantMachinery 2025-11-30 15302177 core:PlantMachinery 2023-11-22 2024-11-30 15302177 core:PlantMachinery 2024-11-30 15302177 core:FurnitureFittingsToolsEquipment 2024-12-01 2025-11-30 15302177 core:FurnitureFittingsToolsEquipment 2025-11-30 15302177 core:FurnitureFittingsToolsEquipment 2023-11-22 2024-11-30 15302177 core:FurnitureFittingsToolsEquipment 2024-11-30 15302177 core:OfficeEquipment 2024-12-01 2025-11-30 15302177 core:OfficeEquipment 2025-11-30 15302177 core:OfficeEquipment 2023-11-22 2024-11-30 15302177 core:OfficeEquipment 2024-11-30 15302177 core:Vehicles 2024-12-01 2025-11-30 15302177 core:Vehicles 2025-11-30 15302177 core:Vehicles 2023-11-22 2024-11-30 15302177 core:Vehicles 2024-11-30 15302177 core:NetGoodwill 2024-12-01 2025-11-30 15302177 core:NetGoodwill 2025-11-30 15302177 core:NetGoodwill 2023-11-22 2024-11-30 15302177 core:NetGoodwill 2024-11-30 15302177 core:IntangibleAssetsOtherThanGoodwill 2024-12-01 2025-11-30 15302177 core:IntangibleAssetsOtherThanGoodwill 2025-11-30 15302177 core:IntangibleAssetsOtherThanGoodwill 2023-11-22 2024-11-30 15302177 core:IntangibleAssetsOtherThanGoodwill 2024-11-30

# CANDELA VR CIC

## Company limited by guarantee

## Company Registration Number:
15302177 (England and Wales)

## Unaudited statutory accounts for the year ended 30 November 2025

## Period of accounts

## Start date: 1 December 2024

## End date: 30 November 2025

# CANDELA VR CIC

## Contents of the Financial Statements

for the Period Ended 30 November 2025

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

# CANDELA VR CIC

## Profit And Loss Account

for the Period Ended 30 November 2025

| 2025 | 2024
--- | --- | ---
| £ | £
Turnover: | 20 | 225
Gross profit(or loss): | 20 | 225
Administrative expenses: | ( 413 ) | ( 254 )
Operating profit(or loss): | (393) | (29)
Profit(or loss) before tax: | (393) | (29)
Profit(or loss) for the financial year: | (393) | (29)

# CANDELA VR CIC

## Balance sheet

As at 30 November 2025

| Notes | 2025 | 2024
--- | --- | --- | ---
|  | £ | £
Current assets
Cash at bank and in hand: |  | 43 | 225
Total current assets: |  | 43 | 225
Creditors: amounts falling due within one year: | 3 | ( 465 ) | ( 254 )
Net current assets (liabilities): |  | (422) | (29)
Total assets less current liabilities: |  | (422) | ( 29)
Total net assets (liabilities): |  | (422) | (29)
Members' funds
Profit and loss account: |  | (422) | ( 29)
Total members' funds: |  | ( 422) | (29)

The notes form part of these financial statements

# CANDELA VR CIC

## Balance sheet statements

For the year ending 30 November 2025 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 22 April 2026
and signed on behalf of the board by:

Name: Semhar RUSSOM
Status: Director

The notes form part of these financial statements

# CANDELA VR CIC

## Notes to the Financial Statements

for the Period Ended 30 November 2025

- ## 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

# CANDELA VR CIC

## Notes to the Financial Statements

for the Period Ended 30 November 2025

- ## 2. Employees

  | 2025 | 2024
  --- | --- | ---
  Average number of employees during the period | 0 | 0

# CANDELA VR CIC

## Notes to the Financial Statements

for the Period Ended 30 November 2025

## 3. Creditors: amounts falling due within one year note

| 2025 | 2024
--- | --- | ---
| £ | £
Accruals and deferred income | 465 | 254
Total | 465 | 254

# COMMUNITY INTEREST ANNUAL REPORT

### CANDELA VR CIC

### Company Number: 15302177 (England and Wales)

### Year Ending: 30 November 2025

Company activities and impact

In this financial year, Candela VR CIC attended an outreach event held by the University of Warwick, engaging directly with school-age pupils and their parents from the West Midlands community. At the event, the team promoted physics and STEM as accessible and rewarding study and career pathways, and gave attendees the opportunity to speak with current and recent Physics undergraduates about routes into the subject. Alongside this, the company focused on consolidating and reviewing feedback gathered from students, teachers, volunteers, and event attendees from prior and current engagements. This feedback was used to inform improvements to the VR product and session materials. Investing in product development during this period directly supports the company’s community interest objectives by strengthening the quality of the resources that will be delivered free of charge to schools.

Consultation with stakeholders

Candela VR CIC’s stakeholders include school pupils, teachers, parents, university partners, and the company’s volunteer team. During the financial year, feedback was gathered from attendees at the University of Warwick event in which the company participated, and previously collected feedback from school sessions and volunteers was further reviewed. This input has been used to shape ongoing improvements to the VR product and session structure.

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
22 April 2026

And signed on behalf of the board by:
Name: Semhar RUSSOM
Status: Director