LANCS T20 SUPER LEAGUE CIC

Company limited by guarantee

Company Registration Number:
11841271 (England and Wales)

Unaudited statutory accounts for the year ended 29 February 2024

Period of accounts

Start date: 1 March 2023

End date: 29 February 2024

LANCS T20 SUPER LEAGUE CIC

Contents of the Financial Statements

for the Period Ended 29 February 2024

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

LANCS T20 SUPER LEAGUE CIC

Directors' report period ended 29 February 2024

The directors present their report with the financial statements of the company for the period ended 29 February 2024

Directors

The directors shown below have held office during the whole of the period from
1 March 2023 to 29 February 2024

Sabah Ghaus
Jabir Patel
Abid Riaz


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
23 September 2024

And signed on behalf of the board by:
Name: Jabir Patel
Status: Director

LANCS T20 SUPER LEAGUE CIC

Profit And Loss Account

for the Period Ended 29 February 2024

2024 2023


£

£
Turnover: 15,205 22,541
Cost of sales: ( 1,090 ) ( 13,461 )
Gross profit(or loss): 14,115 9,080
Administrative expenses: ( 13,773 ) ( 19,445 )
Other operating income: 11,390
Operating profit(or loss): 342 1,025
Profit(or loss) before tax: 342 1,025
Tax: ( 65 ) ( 35 )
Profit(or loss) for the financial year: 277 990

LANCS T20 SUPER LEAGUE CIC

Balance sheet

As at 29 February 2024

Notes 2024 2023


£

£
Current assets
Cash at bank and in hand: 4,537 1,785
Total current assets: 4,537 1,785
Creditors: amounts falling due within one year: 3 ( 4,113 ) ( 1,638 )
Net current assets (liabilities): 424 147
Total assets less current liabilities: 424 147
Total net assets (liabilities): 424 147
Members' funds
Profit and loss account: 424 147
Total members' funds: 424 147

The notes form part of these financial statements

LANCS T20 SUPER LEAGUE CIC

Balance sheet statements

For the year ending 29 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 29 November 2024
and signed on behalf of the board by:

Name: Jabir Patel
Status: Director

The notes form part of these financial statements

LANCS T20 SUPER LEAGUE CIC

Notes to the Financial Statements

for the Period Ended 29 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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

LANCS T20 SUPER LEAGUE CIC

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

LANCS T20 SUPER LEAGUE CIC

Notes to the Financial Statements

for the Period Ended 29 February 2024

3. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 65 35
Other creditors 4,048 1,603
Total 4,113 1,638

COMMUNITY INTEREST ANNUAL REPORT

LANCS T20 SUPER LEAGUE CIC

Company Number: 11841271 (England and Wales)

Year Ending: 29 February 2024

Company activities and impact

Now that the pandemic was in control, we were able to focus fully on the 2023 season. We had been approached by many teams for the Thursday league. We decided to accept only 8 teams this time round. The Sunday league proved to be one avenue too far, we were not able to sustain this level of commitment and in so doing had to abandon the Sunday league, instead focus on the Thursday league. This was a good season; we had the some of the best weather imaginable and every week there were 4 games taking place across multiple venues. The competition was still equally competitive, and we had to show far more flexibility in our scheduling due to ground availability. We also went back to a Bank Holiday Monday for the final, for two semi-finals and a final. We engaged with nearly 160 players across the league over a course of the season. Our awards ceremony was very well attended (200 people) and the local MP, councillors and the Mayor of Manchester all attended. It was very well received.

Consultation with stakeholders

Our Stakeholders are as follows: Players, Umpires, Ground personnel, Affiliated Leagues, LCF, Support team, Kit Suppliers and Sponsors. We have tirelessly been in contact with all the stakeholders throughout the season in one way or another. We communicate via social media, e-mail and phone. All the stakeholders have at some point suggested improvements in the way the league runs, and we have responded with that change where it was needed. Upon consultation we ended up changing the following: 1. Player eligibility (no overseas players) 2. Scoring manually and updated via WhatsApp 3. Competition- Had to communicate across multiple teams 4. Semi-final and final played on the usual Bank Holiday Monday

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
20 November 2024

And signed on behalf of the board by:
Name: Jabir Patel
Status: Director