South Yorkshire School Business Leaders C.I.C.

The Directors of the Company submit their annual report and the financial statements for the period 1 July 2024 - 30 June 2025. Structure, governance and management South Yorkshire School Business Leaders CIC (Company number 14172898) was incorporated on 15 June 2022, prior to incorporation South Yorkshire School Business Leaders was run as an unconstituted group. The service remained continuous with net assets transferred to the CIC. The liability of each member is limited to £1, being the amount that each member undertakes to contribute to the assets of the Company in the event of it being wound up. Aims and objectives The objects of the Company are to carry on activities which benefit the community and in particular (without limitation) to advance education and support School Business Leaders (and those working towards such a role) in and around South Yorkshire, by promoting and supporting best practice in school business management, the professional development and wellbeing of School Business Leaders and collaboration and consultation within the education sector. Achievements and Performance The primary mission of the Community Interest Company (CIC) is to provide dedicated support to School Business Leaders (SBLs), helping them effectively fulfil their roles in managing school operations. By equipping SBLs with the necessary tools, knowledge and professional connections, we aim to enhance their impact within educational settings. Our focus is specifically on South Yorkshire, where we strive to strengthen the school business management profession for the benefit of both individual leaders and the wider education sector. Over the past year, we have actively engaged with School Business Leaders by organising a series of online and face to face meetings. These events have served valuable for professional development, networking and peer-to-peer learning. By bringing together individuals in similar roles, we have facilitated knowledge sharing and provided guidance on best practices, ensuring that Business Leaders are well-equipped to handle the evolving challenges within the education sector. In addition to direct engagement, we have placed a strong emphasis on communication and collaboration among School Business Leaders. By encouraging dialogue and the exchange of experiences, we have helped create a supportive professional community where Business Leaders can seek advice, share insights and support and work together to find innovative solutions to common challenges. Furthermore, we have developed and promoted our recently established website and forum, designed to be a central hub of information and support for School Business Leaders. This online platform provides easy access to relevant resources, industry updates and expert advice, while also enabling users to post questions and engage in discussions with their peers. Our goal is to make it easier for School Business Leaders to find the information they need, connect with others in the profession and seek solutions to any issues they encounter in their roles. Through these initiatives, we continue to strengthen the support network for School Business Leaders in South Yorkshire, ensuring they have the necessary resources and opportunities to thrive in their careers and contribute to the success of their schools. South Yorkshire School Business Leaders CIC Directors' Report continued for the period 1st July 2024 - 30th June 2025 Exemptions Page 4 The directors have taken advantage of the exemptions available to small companies including the audit exemption (see statement on balance sheet). Statement of directors' responsibilities Company law requires the directors to prepare accounts for each financial year, which give a true and fair view of the state of affairs of the company at the end of the year and of the surplus or deficiency for the year then ended. In preparing those financial statements, the directors are required to: - select suitable accounting policies and then apply them on a consistent basis; - make judgements and estimates that are reasonable and prudent; - prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Small company provisions This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.