TAG SPORTS CIC

Company limited by guarantee

Company Registration Number:
14851543 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 8 May 2023

End date: 31 May 2024

TAG SPORTS CIC

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

TAG SPORTS CIC

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

Directors

The directors shown below have held office during the whole of the period from
8 May 2023 to 31 May 2024

Jodie Bijorac
Alistair Hugh Davis
Carl Duckels
Garnet Olivia Mackinder
Kyle Christopher Nish


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
7 February 2025

And signed on behalf of the board by:
Name: Kyle Christopher Nish
Status: Director

TAG SPORTS CIC

Profit And Loss Account

for the Period Ended 31 May 2024

13 months to 31 May 2024


£
Turnover: 27,375
Cost of sales: ( 4,270 )
Gross profit(or loss): 23,105
Administrative expenses: ( 46,413 )
Operating profit(or loss): (23,308)
Profit(or loss) before tax: (23,308)
Profit(or loss) for the financial year: (23,308)

TAG SPORTS CIC

Balance sheet

As at 31 May 2024

Notes 13 months to 31 May 2024


£
Current assets
Cash at bank and in hand: 1,546
Total current assets: 1,546
Creditors: amounts falling due within one year: 3 ( 24,854 )
Net current assets (liabilities): (23,308)
Total assets less current liabilities: (23,308)
Total net assets (liabilities): (23,308)
Members' funds
Profit and loss account: (23,308)
Total members' funds: ( 23,308)

The notes form part of these financial statements

TAG SPORTS CIC

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 7 February 2025
and signed on behalf of the board by:

Name: Kyle Christopher Nish
Status: Director

The notes form part of these financial statements

TAG SPORTS CIC

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

    Other accounting policies

    The principal accounting policies adopted in the preparation of the financial statements are set out below and 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

TAG SPORTS CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees

    13 months to 31 May 2024
    Average number of employees during the period 1

TAG SPORTS CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Creditors: amounts falling due within one year note

13 months to 31 May 2024
£
Trade creditors 600
Other creditors 24,254
Total 24,854

COMMUNITY INTEREST ANNUAL REPORT

TAG SPORTS CIC

Company Number: 14851543 (England and Wales)

Year Ending: 31 May 2024

Company activities and impact

Tag Sports is a Community Interest Company that has been created with the aim to increase participation in sport and exercise across the United Kingdom, in order to benefit the health and wellbeing of the communities it works in. Tag Sports believes that sport is for all and wants to help remove barriers to participation, by creating a safe environment for its participants to learn and enjoy themselves. Initially the CIC's primarily focus is on increasing access to Tag Rugby for all genders and ethnicities. In our experience and through the research we have undertaken, it is evident that programmes that aim to improve everything for everyone all at once have limited success. Therefore, Tag Sports has to focus its initial efforts with the groups it feels it can achieve the greatest tangible progress for within the communities that we operate in. As our presence and success grows, we hope to widen the sustainable impact we can have across further groups and locations using an increased range of sports activities. Our principles: Community - growing and maintaining strong relationships within our communities resulting in increased access to sport and physical activity Inclusion -Reducing the barriers to participation for those in underrepresented groups Development -growing the sport, increasing the skills and knowledge of coaches, participants and volunteers through access to training and resources Accountability - having open and transparent communication with members of the community in order for them to guide the direction of Tag Sports and identify where support is most needed Empathy - understanding the barriers, challenges and varied lifestyles of our participants, stakeholders and customers in order to provide the best service possible

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
7 February 2025

And signed on behalf of the board by:
Name: Kyle Nish
Status: Director