HOPE AND FUTURE ACADEMY CIC

Company limited by guarantee

Company Registration Number:
14970040 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2026

Period of accounts

Start date: 1 June 2025

End date: 31 May 2026

HOPE AND FUTURE ACADEMY CIC

Contents of the Financial Statements

for the Period Ended 31 May 2026

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

HOPE AND FUTURE ACADEMY CIC

Profit And Loss Account

for the Period Ended 31 May 2026

2026 2025


£
£
Turnover: 4,973 8,919
Cost of sales: ( 2,246 ) ( 7,663 )
Gross profit(or loss): 2,727 1,256
Administrative expenses: ( 3,605 ) ( 4,195 )
Operating profit(or loss): (878) (2,939)
Interest payable and similar charges: ( 57 ) ( 16 )
Profit(or loss) before tax: (935) (2,955)
Tax: 0 0
Profit(or loss) for the financial year: (935) (2,955)

HOPE AND FUTURE ACADEMY CIC

Balance sheet

As at 31 May 2026

Notes 2026 2025


£
£
Current assets
Cash at bank and in hand: 475 918
Total current assets: 475 918
Creditors: amounts falling due within one year: 3 ( 4,381 ) ( 3,889 )
Net current assets (liabilities): (3,906) (2,971)
Total assets less current liabilities: (3,906) ( 2,971)
Total net assets (liabilities): (3,906) (2,971)
Members' funds
Profit and loss account: (3,906) ( 2,971)
Total members' funds: ( 3,906) (2,971)

The notes form part of these financial statements

HOPE AND FUTURE ACADEMY CIC

Balance sheet statements

For the year ending 31 May 2026 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 16 July 2026
and signed on behalf of the board by:

Name: Harcharan Singh Arora
Status: Director

The notes form part of these financial statements

HOPE AND FUTURE ACADEMY CIC

Notes to the Financial Statements

for the Period Ended 31 May 2026

  • 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 & other sales taxes.

HOPE AND FUTURE ACADEMY CIC

Notes to the Financial Statements

for the Period Ended 31 May 2026

  • 2. Employees

    2026 2025
    Average number of employees during the period 3 3

HOPE AND FUTURE ACADEMY CIC

Notes to the Financial Statements

for the Period Ended 31 May 2026

3. Creditors: amounts falling due within one year note

2026 2025
£ £
Accruals and deferred income 480 460
Other creditors 3,901 3,429
Total 4,381 3,889

COMMUNITY INTEREST ANNUAL REPORT

HOPE AND FUTURE ACADEMY CIC

Company Number: 14970040 (England and Wales)

Year Ending: 31 May 2026

Company activities and impact

Hope & Future Academy CIC has continued to benefit the local community by organising football & fitness sessions for children of different age groups and measuring innovative practices that introduce more children to the positive benefits of sport. The company is becoming more and more prominent in the local community with sessions growing in attendance.

Consultation with stakeholders

The company’s stakeholders are directors Harcharan Arora, Gurpal Marway & Thomas Singleton. The secretary for the company is Harcharan Arora who deals with the office admin/side.

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
16 July 2026

And signed on behalf of the board by:
Name: Harcharan Singh Arora
Status: Director