Jinhaeng (Progress) CIC

Active12246169EducationIncorporated 7 Oct 2019 · Arnold

During the financial year from 1 November 2024 to 31 October 2025, Jinhaeng Progress CIC continued to provide affordable, inclusive and accessible Taekwondo and physical activity opportunities for children, young people, adults and families within the local community. A key focus throughout the year was ensuring that financial circumstances did not prevent individuals or families from participating. We continued to offer two free trial sessions to new students, free uniforms where required, reduced fees, payment holidays and access to second-hand protective equipment. We also continued to provide significant family discounts, enabling parents, children and siblings to train together. This helped reduce the financial burden on larger families and allowed family members to take part in regular physical activity together. Following feedback from parents, we organised a children’s Taekwondo holiday camp. The camp was heavily subsidised compared with many other local school-holiday activities, and siblings were also welcome to attend. The camp was open to children aged four and over and provided affordable, full-day school-holiday provision from 9am to 5pm. Activities included Taekwondo, games, crafts, creative activities and films. At £25 for a full day (with significant multi day and multi child discounts), the camp offered families an affordable, safe, structured and active childcare option. The camp received very positive feedback from participating families. In response to requests from parents, we extended our training programme to include children from three years of age. These sessions focused on helping younger children develop confidence, listening skills and social skills, while learning to remain engaged and participate within a structured lesson. We supported a young adult with learning difficulties to learn Taekwondo as part of their Duke of Edinburgh’s Award programme. Training and instruction were adapted to meet the individual’s needs, allowing them to participate successfully, develop new skills and work towards their personal goals. We also worked with Nottingham College to provide a self-defence session for vulnerable students on the college premises. The session focused on confidence, personal safety, awareness and practical self-defence skills within a supportive and accessible environment. We continued to invest in the development of young instructors. Two young people were supported to complete the British Taekwondo Young Instructors Course, with the associated costs subsidised by the company. The young instructors were also given practical opportunities to assist with classes, support students, communicate with families and develop their leadership and coaching skills. This helped them gain confidence, responsibility and experience working with students of different ages and abilities. All instructors completed safeguarding in sport training again during the year. This helped ensure that instructors remained up to date with their safeguarding responsibilities and that the club continued to provide a safe and supportive environment for children, young people and vulnerable participants. The company continued to encourage and support girls and young women to participate and progress in sport. Three female students were sponsored to enter Taekwondo competitions around the country. These students received additional one-to-one training at no charge, as well as transport, coaching and support at competition venues. This support contributed to one of the students becoming a national champion in poomsae. To further support poomsae training, the company purchased and installed large training mirrors. These allow students to observe their own movements, identify areas for improvement and gain a clearer understanding of their technical development. We reviewed and updated our trial, sign-up and welcome communications to make them clearer and more inclusive. This was particularly important for the many families within the club who speak English as an additional language. The revised communications made important information easier to understand, including class booking requirements, membership and insurance, fees and payment arrangements, free uniforms, communication preferences and photograph and video consent. We also improved the way families could tell us about medical conditions, disabilities, learning needs and other additional support requirements. This allowed instructors to understand individual needs, make appropriate adjustments and help students participate safely and confidently. We reviewed the way photographs from club activities were shared. Members and families were reminded that photographs containing other students should not be posted publicly or shared on social media without the express permission of the individuals pictured or their parents or carers. This helped protect members’ privacy and reinforced our safeguarding practices. We organised a subsidised Christmas party for students and their families. This provided an opportunity for members from different age groups, backgrounds and cultures to socialise outside of regular classes and helped strengthen the sense of community within the club. This was also a student awards and recognition evening. This celebrated individual progress, commitment, resilience, improvement and contributions to the club. The event allowed achievements at all levels to be recognised, rather than focusing only on competition results or belt promotions. Through these activities, the company continued to promote physical fitness, confidence, wellbeing, inclusion, personal development and community involvement. The financial, practical and individual support provided by the company helped make Taekwondo accessible to people who may otherwise have been unable to participate.

Revenue

£26k

▲ +2.6% vs prior ~12m period

Profit after tax

-£1k

Margin -4.9%

Employees

0

— vs prior ~12m period

Net assets

£1k

Total assets £3k

Financial history

Revenue by accounting period

6 periods available · ▲ growth ▼ decline

Oct 2020
£42k
Oct 2021
£15k▼ -63.6%
Oct 2022
£25k▲ +66.0%
Oct 2023
£26k▲ +2.6%
Oct 2024
Not available
Oct 2025
Not available
Period endRevenueGrowthProfit before taxEmployeesNet assets
31 Oct 2025———0£1k
31 Oct 2024———0£140
31 Oct 2023£26k▲ +2.6%-£1k0-£756
31 Oct 2022£25k▲ +66.0%-£3k0£518
31 Oct 2021£15k▼ -63.6%£4k0£4k
31 Oct 2020£42k—-£1690-£169

Latest available figures

Period ending 31 Oct 2023. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.

Profit & loss

Revenue
£26k
Gross profit
£13k
Operating profit
-£1k
Profit before tax
-£1k
Profit after tax
-£1k

Balance sheet

Total assets
£3k
Cash
£2k
Total liabilities
£2k
Net assets
£1k
Revenue per employee
Not available

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