SLCP THUNDER CIC

Company limited by guarantee

Company Registration Number:
06486171 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2023

Period of accounts

Start date: 1 February 2022

End date: 31 January 2023

SLCP THUNDER CIC

Contents of the Financial Statements

for the Period Ended 31 January 2023

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

SLCP THUNDER CIC

Directors' report period ended 31 January 2023

The directors present their report with the financial statements of the company for the period ended 31 January 2023

Principal activities of the company

Principal activity of the company during the financial year involves providing opportunities for young people in South London to excel in basketball and develop personally through accredited programmes, providing a positive alternative to negative influences often experienced by disadvantaged young people living in the inner city of London.



Directors

The directors shown below have held office during the whole of the period from
1 February 2022 to 31 January 2023

ADELAINE SONJA NIETZOLD
STEVE LEE BUCKNALL
PETER LANG
NIKKI SEALY


Secretary ADELAINE SONJA NIETZOLD

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
10 October 2023

And signed on behalf of the board by:
Name: ADELAINE SONJA NIETZOLD
Status: Secretary

SLCP THUNDER CIC

Profit And Loss Account

for the Period Ended 31 January 2023

2023 2022


£

£
Turnover: 61,405 27,800
Gross profit(or loss): 61,405 27,800
Administrative expenses: ( 110,533 ) ( 47,116 )
Other operating income: 44,290 15,234
Operating profit(or loss): (4,838) (4,082)
Profit(or loss) before tax: (4,838) (4,082)
Profit(or loss) for the financial year: (4,838) (4,082)

SLCP THUNDER CIC

Balance sheet

As at 31 January 2023

Notes 2023 2022


£

£
Current assets
Cash at bank and in hand: 19,947 40,126
Total current assets: 19,947 40,126
Creditors: amounts falling due within one year: 3 ( 32,670 ) ( 48,011 )
Net current assets (liabilities): (12,723) (7,885)
Total assets less current liabilities: (12,723) ( 7,885)
Total net assets (liabilities): (12,723) (7,885)
Members' funds
Profit and loss account: (12,723) ( 7,885)
Total members' funds: ( 12,723) (7,885)

The notes form part of these financial statements

SLCP THUNDER CIC

Balance sheet statements

For the year ending 31 January 2023 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 10 October 2023
and signed on behalf of the board by:

Name: ADELAINE SONJA NIETZOLD
Status: Director

The notes form part of these financial statements

SLCP THUNDER CIC

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 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

SLCP THUNDER CIC

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 4 4

SLCP THUNDER CIC

Notes to the Financial Statements

for the Period Ended 31 January 2023

3. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 7,767 360
Accruals and deferred income 750 678
Other creditors 24,153 46,973
Total 32,670 48,011

COMMUNITY INTEREST ANNUAL REPORT

SLCP THUNDER CIC

Company Number: 06486171 (England and Wales)

Year Ending: 31 January 2023

Company activities and impact

The Company is working to provide education and sporting programmes for young people operating on a club level in Lewisham and Lambeth.These programmes tackle health inequalities and anti-social behaviour and provide young people with a platform to enjoy and achieve, be healthy, stay safe and make a positive contribution to society.

Consultation with stakeholders

The Company’s stakeholders are the young people of the South London community and residents of the area.We have consulted with parents, SSCO, PDM and extended Schools Services for ways of supporting our Company’s activities into the future.

Directors' remuneration

The aggregate amount of remuneration paid to directors for administration services during the year was Nil (2022 -£Nil).During the year, the company was charged £15,248 (2022 £5,902) for the services of S. Bucknall and £2,560 (2022 £3,040) for the services of H Nietzold, both directors, for providing Coaching services and project management on an arm’s length basis.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
12 October 2023

And signed on behalf of the board by:
Name: STEVE BUCKNALL
Status: Director