261 FEARLESS CLUB UNITED KINGDOM CIC

Company limited by guarantee

Company Registration Number:
11009690 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 1 November 2023

End date: 31 October 2024

261 FEARLESS CLUB UNITED KINGDOM CIC

Contents of the Financial Statements

for the Period Ended 31 October 2024

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

261 FEARLESS CLUB UNITED KINGDOM CIC

Directors' report period ended 31 October 2024

The directors present their report with the financial statements of the company for the period ended 31 October 2024

Directors

The directors shown below have held office during the whole of the period from
1 November 2023 to 31 October 2024

Lisa Ruggles
Juliet McGrattan


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 January 2025

And signed on behalf of the board by:
Name: Lisa Ruggles
Status: Director

261 FEARLESS CLUB UNITED KINGDOM CIC

Profit And Loss Account

for the Period Ended 31 October 2024

2024 2023


£

£
Turnover: 9,538 6,175
Cost of sales: ( 3,244 ) ( 8,766 )
Gross profit(or loss): 6,294 (2,591)
Administrative expenses: ( 11,786 ) ( 11,213 )
Operating profit(or loss): (5,492) (13,804)
Profit(or loss) before tax: (5,492) (13,804)
Profit(or loss) for the financial year: (5,492) (13,804)

261 FEARLESS CLUB UNITED KINGDOM CIC

Balance sheet

As at 31 October 2024

Notes 2024 2023


£

£
Current assets
Cash at bank and in hand: 9,641 15,131
Total current assets: 9,641 15,131
Net current assets (liabilities): 9,641 15,131
Total assets less current liabilities: 9,641 15,131
Creditors: amounts falling due after more than one year: 3 ( 1 ) ( 1 )
Total net assets (liabilities): 9,640 15,130
Members' funds
Profit and loss account: 9,640 15,130
Total members' funds: 9,640 15,130

The notes form part of these financial statements

261 FEARLESS CLUB UNITED KINGDOM CIC

Balance sheet statements

For the year ending 31 October 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 January 2025
and signed on behalf of the board by:

Name: Lisa Ruggles
Status: Director

The notes form part of these financial statements

261 FEARLESS CLUB UNITED KINGDOM CIC

Notes to the Financial Statements

for the Period Ended 31 October 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. The company’s income is derived from membership from 261 Fearless Club UK, sales of 261 Fearless specific merchandise to members and the proceeds of specific 261 Fearless Club UK fundraising activities. The proceeds of the fundraising activities are used to promote the creation of new 261 Fearless Clubs in UK.

261 FEARLESS CLUB UNITED KINGDOM CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

261 FEARLESS CLUB UNITED KINGDOM CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

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

2024 2023
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Other creditors 1 1
Total 1 1

COMMUNITY INTEREST ANNUAL REPORT

261 FEARLESS CLUB UNITED KINGDOM CIC

Company Number: 11009690 (England and Wales)

Year Ending: 31 October 2024

Company activities and impact

This year, we saw two new clubs open to support women in the Scottish Borders and Banbury. This is in addition to our established clubs, which have all seen their membership and outreach grow.

Consultation with stakeholders

We have had feedback from our members via our annual members survey, but we have also consulted with the coaches in how to expand and support the clubs around the UK. In addition, we met with all our coaches at our annual refresher and asked for feedback. We also have regular meeting with the global organisation we are linked with.

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £6,720. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
8 January 2025

And signed on behalf of the board by:
Name: Lisa Ruggles
Status: Director