REGISTERED NUMBER: 03390280 (England and Wales)

College for International Cooperation

and Development

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Ms K Barsoe

Ms L Uldbjerg

Mr J Balsen

Ms T Whittington

SECRETARY:

Ms K Barsoe

REGISTERED OFFICE:

Winestead Hall

Winestead

East Yorkshire

HU12 0NP

REGISTERED NUMBER:

03390280 (England and Wales)

ACCOUNTANTS:

Southgates

Chartered Certified Accountants

9 Market Place

Hedon

East Yorkshire

HU12 8JA

FIXED ASSETS

Tangible assets

4

358,067

369,519

CURRENT ASSETS

Stocks

5

6,927

6,484

Debtors

6

113,656

104,872

Cash at bank

31,742

24,367

152,325

135,723

CREDITORS

Amounts falling due within one year

7

158,069

173,675

NET CURRENT LIABILITIES

(5,744

)

(37,952

)

TOTAL ASSETS LESS CURRENT LIABILITIES

352,323

331,567

CREDITORS

Amounts falling due after more than one year

8

40,713

40,383

NET ASSETS

311,610

291,184

RESERVES

Income and expenditure account

311,610

291,184

311,610

291,184

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 August 2026 and were signed on its behalf by:

Ms K Barsoe - Director

1.	STATUTORY INFORMATION

College for International Cooperation and Development is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

at variable rates on reducing balance

Motor vehicles

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to surplus or deficit over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to surplus or deficit on a straight line basis over the period of the lease.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2024 - 14 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 January 2025

790,092

158,334

948,426

Additions

11,459

32,493

43,952

Disposals

-

(47,968

)

(47,968

)

At 31 December 2025

801,551

142,859

944,410

DEPRECIATION

At 1 January 2025

471,041

107,866

578,907

Charge for year

29,144

21,791

50,935

Eliminated on disposal

-

(43,499

)

(43,499

)

At 31 December 2025

500,185

86,158

586,343

NET BOOK VALUE

At 31 December 2025

301,366

56,701

358,067

At 31 December 2024

319,051

50,468

369,519

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 January 2025

10,050

114,168

124,218

Additions

8,750

32,493

41,243

Transfer to ownership

-

(50,179

)

(50,179

)

At 31 December 2025

18,800

96,482

115,282

DEPRECIATION

At 1 January 2025

3,942

69,360

73,302

Charge for year

1,026

21,075

22,101

Transfer to ownership

-

(50,179

)

(50,179

)

At 31 December 2025

4,968

40,256

45,224

NET BOOK VALUE

At 31 December 2025

13,832

56,226

70,058

At 31 December 2024

6,108

44,808

50,916

5.

STOCKS

2025

2024

£

£

Stocks

6,927

6,484

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

48,465

58,470

Other debtors

13,245

6,915

VAT

37,848

24,034

Prepayments and accrued income

14,098

15,453

113,656

104,872

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

6,459

14,883

Hire purchase contracts

27,409

21,103

Trade creditors

41,000

21,109

Social security and other taxes

5,092

3,445

Other creditors

-

677

Accruals

34,609

39,245

Fees in advance

43,500

69,793

Deferred income

-

3,420

158,069

173,675

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

-

5,271

Hire purchase contracts

40,713

35,112

40,713

40,383