BIBLIOTHECA MAGICA C.I.C.

Company limited by guarantee

Company Registration Number:
14097291 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 1 June 2023

End date: 31 May 2024

BIBLIOTHECA MAGICA C.I.C.

Contents of the Financial Statements

for the Period Ended 31 May 2024

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

BIBLIOTHECA MAGICA C.I.C.

Directors' report period ended 31 May 2024

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

Principal activities of the company

We at Bibliotheca Magica CIC have been working very hard at building a safe space for the community and taking care of the park that the building sits on. We are expending our clubs and making sure that we are providing activities people want to do.



Directors

The director shown below has held office during the whole of the period from
1 June 2023 to 31 May 2024

Sonia Brabon


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 2025

And signed on behalf of the board by:
Name: Sonia Brabon
Status: Director

BIBLIOTHECA MAGICA C.I.C.

Profit And Loss Account

for the Period Ended 31 May 2024

2024 13 months to 31 May 2023


£

£
Turnover: 7,076 7,076
Cost of sales: 0 0
Gross profit(or loss): 7,076 7,076
Distribution costs: 0 0
Administrative expenses: 0 0
Other operating income: 0 0
Operating profit(or loss): 7,076 7,076
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 7,076 7,076
Tax: 0 0
Profit(or loss) for the financial year: 7,076 7,076

BIBLIOTHECA MAGICA C.I.C.

Balance sheet

As at 31 May 2024

Notes 2024 13 months to 31 May 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 0 0
Investments:   0 0
Total current assets: 0 0
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year:   0 0
Net current assets (liabilities): 0 0
Total assets less current liabilities: 0 0
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 0 0
Members' funds
Profit and loss account: 0 0
Total members' funds: 0 0

The notes form part of these financial statements

BIBLIOTHECA MAGICA C.I.C.

Balance sheet statements

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

Name: Sonia Brabon
Status: Director

The notes form part of these financial statements

BIBLIOTHECA MAGICA C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 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

BIBLIOTHECA MAGICA C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees

    2024 13 months to 31 May 2023
    Average number of employees during the period 0 0

BIBLIOTHECA MAGICA C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Financial Commitments

We make the overheads of the building by charging memberships, if there is any left over it goes into the upkeep of the building and the surrounding area. We do not have any paid employees at this moment in time but we will be working towards core funding and having 5 paid employees by the end of 2026.

COMMUNITY INTEREST ANNUAL REPORT

BIBLIOTHECA MAGICA C.I.C.

Company Number: 14097291 (England and Wales)

Year Ending: 31 May 2024

Company activities and impact

The company runs a village hobby group, at the bowling pavilion in the Village with a particular emphasis mental health and wellbeing. The shop opened for business in April 2022. During the financial year 2023-2024, The Pavilion activities have benefited the community in the following ways: - local residents have somewhere to come and have a cuppa when they need to. As some of our customers only leave the house to come to the shop. - We deal with a lot of neurodiverse people and people who have mental health issues. Most of us are knowledge and experience living with it and we know what people go through everyday. - the pavilion has provided a schedule of hobby clubs to enjoy. - We have 14 volunteers from the north east of England and they have said being at the pavilion helps them stay active and engages their mind. - We have started doing more around the park to keep it neat and tidy.

Consultation with stakeholders

No consultation with stakeholders

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 2025

And signed on behalf of the board by:
Name: Sonia Brabon
Status: Director