THEBIGLEAGUE CIC

Company limited by guarantee

Company Registration Number:
09195783 (England and Wales)

Unaudited statutory accounts for the year ended 30 August 2023

Period of accounts

Start date: 31 August 2022

End date: 30 August 2023

THEBIGLEAGUE CIC

Contents of the Financial Statements

for the Period Ended 30 August 2023

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

THEBIGLEAGUE CIC

Directors' report period ended 30 August 2023

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

Additional information

Directors Report Another challenging Year saw us working ever harder to meet the needs, and respond to the difficulties, being experienced by individuals and families across Hartlepool. While Hartlepool's Health, Social, Economic and Environmental Indicators remain stubbornly behind national averages we are doing all we can, with our Partners, to push back toward improvements across the board. Through our Community Centres, our Shop and Warehouse we have extended and expanded support. We continue to be the biggest provider of emergency, food and crisis support to those living in the town. We have established all our bases as Warm Hubs and offer regular community meals for those needing extra food, company or both. We have also formalised our help to those struggling with hoarding linked to physical and mental difficulties, and gone further to reach out to those feeling lonely and isolated by by improving our volunteering opportunities. Social activities continue to be an important aspect of what we do - offering drop ins and social groups run by ourselves as well as acting as a host to others. We have also been able to extend and improve our offer of education and business start up support, acting as a learning centre for different education programmes including Multiply and Learning for Inclusion. Our Business Centre and Incubator Units, above The Poolie Time Emporium in Bovis House is now fully refurbished and fully occupied, with a waiting list. We have been proud to see businesses evolve to high street premises because of their growth, and to welcome new business start-ups to take their place. It's exciting to report that the business support and training has been so successful we have decided to establish a new CIC to take this work forward, looking at lots of opportunities to bring positive change including Community Wealth Building and more Social Enterprise. Our Clearance and Waste Management continues to work to keep our streets clear and free from fire and health risks. Working closely with the Local Authority and our communities we are helping restore respect and pride into areas, making them safer for people to live in and children to play in. All of this has been possible because so many people have come together to help each other. We want to say a huge thank you to our Staff and Volunteer Team and our amazing Neighbourhood Members who are all working so hard to keep our Communities Together, to stop people falling through the gaps, and to build a better future, and of course, a huge part of all we do is about working together to achieve more. Without our funders and commissioners we would not be able to achieve what we do. So once again we would like to thank The Ballinger Trust, The Henry Smith Charity and Virgin as well as Hartlepool Borough Council. We'd also like to thank our VCSE and Public Sector partners whom we work with closely to ensure those most in need gain access to all the different types of help they need, these includes Advice @ Hart, Let's Connect, Murray Street Mosque, The Bread & Butter Thing, Hartlepool Borough Council again, Community Police, Social Prescribers, Frances and The PFC Trust. Also, the private sector businesses who do so much behind the scenes. Providing food, clothes, equipment, carpets, blinds, all kinds of things at short notice and expecting nothing in return. We see you! Special thanks go to The National Lottery Community Fund and Know Your Neighbourhood Teams. Already benefitting from Reaching Communities funding we led a joint Know Your Neighbourhood Partnership submission that resulted in all seven organisations eligible for support being fully funded. Hartlepool was the only area to take this approach and the only area where every eligible organisation was successful. We also need to say a special thank you to LARCH and the KEY Fund who made it possible for us to buy Bovis House, securing it for the community for the future. As the cost of living crisis has deepened we have done all we can to help those who are struggling to move from crisis to stability and on toward positive change. It's not getting any easier, but we know that by working together, building on the strengths and skills within our communities we can keep going! We continue to plan for the future, how best to manage the difficulties while still ambitious for Hartlepool and all its residents. We work with our communities, they are at the heart of all our projects, central to the ideas we develop and the plans we make and deliver. Though I know the coming years will be difficult, we won't stop. 2022/23 saw considerable reductions on COVID related support and changes in income patterns, but we can already see the investments made in our buildings and restructuring around our delivery teams yielding results and we look forward to reporting improvements in our accounts and social impact. Ian Cawley Community Manager



Directors

The directors shown below have held office during the whole of the period from
31 August 2022 to 30 August 2023

I S Caldwell
J A Lowther


The director shown below has held office during the period of
31 August 2022 to 28 March 2023

D R J McGovern


The director shown below has held office during the period of
31 August 2022 to 12 September 2022

Z Westmoreland


The director shown below has held office during the period of
16 March 2023 to 30 August 2023

I Cawley


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
28 August 2024

And signed on behalf of the board by:
Name: I Cawley
Status: Director

THEBIGLEAGUE CIC

Profit And Loss Account

for the Period Ended 30 August 2023

2023 2022


£

£
Turnover: 556,701 664,135
Cost of sales: ( 58,428 ) 0
Gross profit(or loss): 498,273 664,135
Administrative expenses: ( 556,288 ) ( 662,403 )
Other operating income: 0 8,626
Operating profit(or loss): (58,015) 10,358
Interest payable and similar charges: ( 3,578 ) 0
Profit(or loss) before tax: (61,593) 10,358
Tax: 2,306 ( 2,306 )
Profit(or loss) for the financial year: (59,287) 8,052

THEBIGLEAGUE CIC

Balance sheet

As at 30 August 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 219,996 78,542
Total fixed assets: 219,996 78,542
Current assets
Debtors: 4 9,336 5,000
Cash at bank and in hand: 16,499 87,958
Total current assets: 25,835 92,958
Creditors: amounts falling due within one year: 5 ( 158,821 ) ( 83,863 )
Net current assets (liabilities): (132,986) 9,095
Total assets less current liabilities: 87,010 87,637
Creditors: amounts falling due after more than one year: 6 ( 80,674 ) ( 22,014 )
Total net assets (liabilities): 6,336 65,623
Members' funds
Profit and loss account: 6,336 65,623
Total members' funds: 6,336 65,623

The notes form part of these financial statements

THEBIGLEAGUE CIC

Balance sheet statements

For the year ending 30 August 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 28 August 2024
and signed on behalf of the board by:

Name: I Cawley
Status: Director

The notes form part of these financial statements

THEBIGLEAGUE CIC

Notes to the Financial Statements

for the Period Ended 30 August 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

    Tangible fixed assets depreciation policy

    Tangible assets Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss. Depreciation Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows: Short leasehold property 10% straight line Fixtures and fittings 25% straight line Motor vehicles 25% straight line

    Other accounting policies

    General information The company is a private company limited by guarantee, registered in England and Wales. The address of the registered office is Bovis House, 7-9 Victoria Road, Hartlepool, TS24 7SE. Statement of compliance These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'. Accounting policies Basis of preparation The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity. Judgements and key sources of estimation uncertainty The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Revenue recognition Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably. Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that it is probable the expenses recognised will be recovered. Defined contribution plans Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

THEBIGLEAGUE CIC

Notes to the Financial Statements

for the Period Ended 30 August 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 16 26

THEBIGLEAGUE CIC

Notes to the Financial Statements

for the Period Ended 30 August 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 31 August 2022 62,742 10,782 35,700 109,224
Additions 146,781 11,268 158,049
Disposals
Revaluations
Transfers
At 30 August 2023 209,523 22,050 35,700 267,273
Depreciation
At 31 August 2022 6,274 7,641 16,767 30,682
Charge for year 6,274 1,396 8,925 16,595
On disposals
Other adjustments
At 30 August 2023 12,548 9,037 25,692 47,277
Net book value
At 30 August 2023 196,975 13,013 10,008 219,996
At 30 August 2022 56,468 3,141 18,933 78,542

THEBIGLEAGUE CIC

Notes to the Financial Statements

for the Period Ended 30 August 2023

4. Debtors

2023 2022
£ £
Trade debtors 4,336 0
Other debtors 5,000 5,000
Total 9,336 5,000

THEBIGLEAGUE CIC

Notes to the Financial Statements

for the Period Ended 30 August 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 23,920 0
Taxation and social security 57,391 40,139
Accruals and deferred income 76,831 43,084
Other creditors 679 640
Total 158,821 83,863

THEBIGLEAGUE CIC

Notes to the Financial Statements

for the Period Ended 30 August 2023

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

2023 2022
£ £
Bank loans and overdrafts 80,674 22,014
Total 80,674 22,014

COMMUNITY INTEREST ANNUAL REPORT

THEBIGLEAGUE CIC

Company Number: 09195783 (England and Wales)

Year Ending: 30 August 2023

Company activities and impact

Another challenging Year saw us working ever harder to meet the needs, and respond to the difficulties, being experienced by individuals and families across Hartlepool. While Hartlepool's Health, Social, Economic and Environmental Indicators remain stubbornly behind national averages we are doing all we can, with our Partners, to push back toward improvements across the board. Through our Community Centres, our Shop and Warehouse we have extended and expanded support. We continue to be the biggest provider of emergency, food and crisis support to those living in the town. We have established all our bases as Warm Hubs and offer regular community meals for those needing extra food, company or both. We have also formalised our help to those struggling with hoarding linked to physical and mental difficulties, and gone further to reach out to those feeling lonely and isolated by by improving our volunteering opportunities. Social activities continue to be an important aspect of what we do - offering drop ins and social groups run by ourselves as well as acting as a host to others. We have also been able to extend and improve our offer of education and business start up support, acting as a learning centre for different education programmes including Multiply and Learning for Inclusion. Our Business Centre and Incubator Units, above The Poolie Time Emporium in Bovis House is now fully refurbished and fully occupied, with a waiting list. We have been proud to see businesses evolve to high street premises because of their growth, and to welcome new business start-ups to take their place. It's exciting to report that the business support and training has been so successful we have decided to establish a new CIC to take this work forward, looking at lots of opportunities to bring positive change including Community Wealth Building and more Social Enterprise. Our Clearance and Waste Management continues to work to keep our streets clear and free from fire and health risks. Working closely with the Local Authority and our communities we are helping restore respect and pride into areas, making them safer for people to live in and children to play in. All of this has been possible because so many people have come together to help each other. We want to say a huge thank you to our Staff and Volunteer Team and our amazing Neighbourhood Members who are all working so hard to keep our Communities Together, to stop people falling through the gaps, and to build a better future, and of course, a huge part of all we do is about working together to achieve more.

Consultation with stakeholders

Stakeholders include the local people in Hartlepool neighbourhoods, we go into communities, listen to individual views on health related subjects and using the successful Root Solutions Listening Matters conversation, we will encourage people to take action and form groups to improves their lifestyle and organise events to encourage others to participate.

Directors' remuneration

The directors aggregate remuneration in respect of qualifying services was £38,429. Company contributions to defined contribution pension plans was £442

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
28 August 2024

And signed on behalf of the board by:
Name: I Cawley
Status: Director