GRASSROOTS 4 GOOD CIC

Company limited by guarantee

Company Registration Number:
13219423 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2024

Period of accounts

Start date: 1 March 2023

End date: 28 February 2024

GRASSROOTS 4 GOOD CIC

Contents of the Financial Statements

for the Period Ended 28 February 2024

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

GRASSROOTS 4 GOOD CIC

Directors' report period ended 28 February 2024

The directors present their report with the financial statements of the company for the period ended 28 February 2024

Directors

The directors shown below have held office during the whole of the period from
1 March 2023 to 28 February 2024

Brian Akintokun
Rochelle Douglas
Sarita Taylor


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
8 October 2024

And signed on behalf of the board by:
Name: Brian Akintokun
Status: Director

GRASSROOTS 4 GOOD CIC

Profit And Loss Account

for the Period Ended 28 February 2024

2024 2023


£

£
Turnover: 21,000 55,600
Cost of sales: ( 1,329 )
Gross profit(or loss): 21,000 54,271
Administrative expenses: ( 16,968 ) ( 83,018 )
Operating profit(or loss): 4,032 (28,747)
Profit(or loss) before tax: 4,032 (28,747)
Profit(or loss) for the financial year: 4,032 (28,747)

GRASSROOTS 4 GOOD CIC

Balance sheet

As at 28 February 2024

Notes 2024 2023


£

£
Current assets
Cash at bank and in hand: 5,508 5,709
Total current assets: 5,508 5,709
Creditors: amounts falling due within one year: 3 ( 14,343 ) ( 18,576 )
Net current assets (liabilities): (8,835) (12,867)
Total assets less current liabilities: (8,835) ( 12,867)
Total net assets (liabilities): (8,835) (12,867)
Members' funds
Profit and loss account: (8,835) ( 12,867)
Total members' funds: ( 8,835) (12,867)

The notes form part of these financial statements

GRASSROOTS 4 GOOD CIC

Balance sheet statements

For the year ending 28 February 2024 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 8 October 2024
and signed on behalf of the board by:

Name: Brian Akintokun
Status: Director

The notes form part of these financial statements

GRASSROOTS 4 GOOD CIC

Notes to the Financial Statements

for the Period Ended 28 February 2024

  • 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

    Other accounting policies

    The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts. Basis of preparation The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets. Presentation currency The accounts are presented in £ sterling.

GRASSROOTS 4 GOOD CIC

Notes to the Financial Statements

for the Period Ended 28 February 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

GRASSROOTS 4 GOOD CIC

Notes to the Financial Statements

for the Period Ended 28 February 2024

3. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 59 59
Other creditors 14,284 18,517
Total 14,343 18,576

COMMUNITY INTEREST ANNUAL REPORT

GRASSROOTS 4 GOOD CIC

Company Number: 13219423 (England and Wales)

Year Ending: 28 February 2024

Company activities and impact

Grassroots for good has had a year which has slowly improved from last year's issues as we've returned to key delivery of core activities, but we have continued to follow the community mission to combine grassroots community sport (mainly football) and social impact together. We have continued to challenge the status quo. We have now the capacity to consult and engage with more of our members and the public on our aspirations to change the grassroots game and provide social inclusion and viable opportunities for growth and regeneration

Consultation with stakeholders

We have consulted our stakeholders, online and through our grassroots community clubs - we've also delivered a number of outreach and community engagement activities

Directors' remuneration

annual account will provide details attached

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
25 September 2024

And signed on behalf of the board by:
Name: Brian Akintokun
Status: Director