CLUB KINGDOM C.I.C.

Company limited by guarantee

Company Registration Number:
11923803 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2023

Period of accounts

Start date: 1 May 2022

End date: 30 April 2023

CLUB KINGDOM C.I.C.

Contents of the Financial Statements

for the Period Ended 30 April 2023

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

CLUB KINGDOM C.I.C.

Directors' report period ended 30 April 2023

The directors present their report with the financial statements of the company for the period ended 30 April 2023

Directors

The directors shown below have held office during the whole of the period from
1 May 2022 to 30 April 2023

Richard Chen
Macrina Otieno


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
31 January 2024

And signed on behalf of the board by:
Name: Macrina Otieno
Status: Director

CLUB KINGDOM C.I.C.

Profit And Loss Account

for the Period Ended 30 April 2023

2023 2022


£

£
Turnover: 45 0
Cost of sales: ( 659 ) ( 1,779 )
Gross profit(or loss): (614) (1,779)
Administrative expenses: ( 1,279 ) ( 1,546 )
Operating profit(or loss): (1,893) (3,325)
Profit(or loss) before tax: (1,893) (3,325)
Profit(or loss) for the financial year: (1,893) (3,325)

CLUB KINGDOM C.I.C.

Balance sheet

As at 30 April 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 10,630 15,953
Total fixed assets: 10,630 15,953
Current assets
Cash at bank and in hand: 47 22
Total current assets: 47 22
Creditors: amounts falling due within one year: 4 ( 1 )
Net current assets (liabilities): 47 21
Total assets less current liabilities: 10,677 15,974
Creditors: amounts falling due after more than one year: 5 ( 51,217 ) ( 49,080 )
Total net assets (liabilities): (40,540) (33,106)
Members' funds
Profit and loss account: (40,540) ( 33,106)
Total members' funds: ( 40,540) (33,106)

The notes form part of these financial statements

CLUB KINGDOM C.I.C.

Balance sheet statements

For the year ending 30 April 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 31 January 2024
and signed on behalf of the board by:

Name: Macrina Otieno
Status: Director

The notes form part of these financial statements

CLUB KINGDOM C.I.C.

Notes to the Financial Statements

for the Period Ended 30 April 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

    Valuation information and policy

    The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

    Other accounting policies

    Statement of ComplianceThese financial statements have been prepared in compliance with FRS 105 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

CLUB KINGDOM C.I.C.

Notes to the Financial Statements

for the Period Ended 30 April 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

CLUB KINGDOM C.I.C.

Notes to the Financial Statements

for the Period Ended 30 April 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 May 2022 21,293 21,293
Additions
Disposals
Revaluations
Transfers
At 30 April 2023 21,293 21,293
Depreciation
At 1 May 2022 5,340 5,340
Charge for year 5,323 5,323
On disposals
Other adjustments
At 30 April 2023 10,663 10,663
Net book value
At 30 April 2023 10,630 10,630
At 30 April 2022 15,953 15,953

CLUB KINGDOM C.I.C.

Notes to the Financial Statements

for the Period Ended 30 April 2023

4. Creditors: amounts falling due within one year note

  2022
  £
Other creditors 1
Total   1

CLUB KINGDOM C.I.C.

Notes to the Financial Statements

for the Period Ended 30 April 2023

5. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Other creditors 51,217 49,080
Total 51,217 49,080

COMMUNITY INTEREST ANNUAL REPORT

CLUB KINGDOM C.I.C.

Company Number: 11923803 (England and Wales)

Year Ending: 30 April 2023

Company activities and impact

The company has spent a lot of time in reorganising and recovering after the COVID-19 restrictions. Unfortunately, the premises which the company was broadcasting from has been repossessed by the landlord as the lessee forfeited the lease; the lessee is going into voluntary liquidation. Trading is very fluid but the radio station is still broadcasting. The company running costs is reliant on the directors inputting their personal funds.Broadcasting still assists the local community who were under stringent lockdown restrictions and listen at home using mobile phones, tablets and laptops as the broadcasts are streamed. This impacted the listening community by maintaining morale, connection and keeps mental health issues at bay with soothing music.

Consultation with stakeholders

The current stakeholders are the listeners, the radio audience. They interact with the DJ's with call in shows discussing topics of the day. The directors are very careful to signpost people to organisations who specialise in specialist support and help, should the conversations become challenging.Clever use of web-based technology ensures that the company maintains a track of the number of listeners. The listeners may also feedback by email or through the portal on the company's website.Now that COVID-19 restrictions are a distant memory, many have asked for face-to-face interactions. This means organising events, which was the intention to build a social community who love music.

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
31 January 2024

And signed on behalf of the board by:
Name: Macrina Otieno
Status: Director