PHI-IOTA GALLEON CIC

Company limited by guarantee

Company Registration Number:
SC862317 (Scotland)

Unaudited statutory accounts for the year ended 30 September 2026

Period of accounts

Start date: 10 September 2025

End date: 30 September 2026

PHI-IOTA GALLEON CIC

Contents of the Financial Statements

for the Period Ended 30 September 2026

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

PHI-IOTA GALLEON CIC

Directors' report period ended 30 September 2026

The directors present their report with the financial statements of the company for the period ended 30 September 2026

Principal activities of the company

The company's principal activity during the year continued to be Other education not elsewhere classified, Other human health activities, Other social work activities without accommodation not elsewhere classified, and Activities of other membership organisations not elsewhere classified.



Directors

The directors shown below have held office during the whole of the period from
10 September 2025 to 30 September 2026

Anthony AWHARIADO
 Quadri LAWAL
 Chijioke UGOCHUKWU

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
5 October 2026

And signed on behalf of the board by:
Name: Anthony AWHARIADO
Status: Director

PHI-IOTA GALLEON CIC

Profit And Loss Account

for the Period Ended 30 September 2026

13 months to 30 September 2026


£
Administrative expenses: ( 200 )
Operating profit(or loss): (200)
Profit(or loss) before tax: (200)
Profit(or loss) for the financial year: (200)

PHI-IOTA GALLEON CIC

Balance sheet

As at 30 September 2026

Notes 13 months to 30 September 2026


£
Creditors: amounts falling due within one year: 3 ( 200 )
Net current assets (liabilities): (200)
Total assets less current liabilities: (200)
Total net assets (liabilities): (200)
Members' funds
Profit and loss account: (200)
Total members' funds: ( 200)

The notes form part of these financial statements

PHI-IOTA GALLEON CIC

Balance sheet statements

For the year ending 30 September 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 5 October 2026
and signed on behalf of the board by:

Name: Anthony AWHARIADO
Status: Director

The notes form part of these financial statements

PHI-IOTA GALLEON CIC

Notes to the Financial Statements

for the Period Ended 30 September 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

    Other accounting policies

    Creditors Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

PHI-IOTA GALLEON CIC

Notes to the Financial Statements

for the Period Ended 30 September 2026

  • 2. Employees

    13 months to 30 September 2026
    Average number of employees during the period 0

PHI-IOTA GALLEON CIC

Notes to the Financial Statements

for the Period Ended 30 September 2026

3. Creditors: amounts falling due within one year note

13 months to 30 September 2026
£
Other creditors 200
Total 200

COMMUNITY INTEREST ANNUAL REPORT

PHI-IOTA GALLEON CIC

Company Number: SC862317 (Scotland)

Year Ending: 30 September 2026

Company activities and impact

During the financial year, the company benefited the community by providing educational support, contributing to health and wellbeing, supporting individuals and families through social work activities, and participating in membership-based organisations. These activities helped improve access to learning, promote community welfare, support vulnerable individuals, and encourage community engagement and social development.

Consultation with stakeholders

The company’s stakeholders are employees, supporters and service users. Any person meeting these criteria can apply for membership. Directors elected from the membership participate in the management and strategic direction of the company and are regularly consulted. There has been no other wider form of consultation. Users of the company's services are asked for feedback on services received at the end of any intervention and the company uses this information to inform service reviews. Directors of the CIC are active within communities served by the company and regularly consult informally to gather information which is used to inform the development of services and projects.

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
5 October 2026

And signed on behalf of the board by:
Name: Anthony AWHARIADO
Status: Director