SPOKESPERSON C.I.C.

Company limited by guarantee

Company Registration Number:
12021883 (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

SPOKESPERSON 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

SPOKESPERSON 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

Directors

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

W Zimmerman
L Usmani


The director shown below has held office during the period of
14 August 2023 to 31 May 2024

S Winn


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
27 March 2025

And signed on behalf of the board by:
Name: W Zimmerman
Status: Director

SPOKESPERSON C.I.C.

Profit And Loss Account

for the Period Ended 31 May 2024

2024 2023


£

£
Turnover: 4,871 10,005
Cost of sales: ( 5,204 ) ( 6,957 )
Gross profit(or loss): (333) 3,048
Administrative expenses: ( 32,012 ) ( 69,309 )
Other operating income: 31,980 62,351
Operating profit(or loss): (365) (3,910)
Profit(or loss) before tax: (365) (3,910)
Profit(or loss) for the financial year: (365) (3,910)

SPOKESPERSON C.I.C.

Balance sheet

As at 31 May 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 990 1,845
Total fixed assets: 990 1,845
Current assets
Stocks: 4 2,500
Debtors: 5 270
Cash at bank and in hand: 21,679 22,630
Total current assets: 21,679 25,400
Creditors: amounts falling due within one year: 6 ( 19,808 ) ( 24,019 )
Net current assets (liabilities): 1,871 1,381
Total assets less current liabilities: 2,861 3,226
Total net assets (liabilities): 2,861 3,226
Members' funds
Profit and loss account: 2,861 3,226
Total members' funds: 2,861 3,226

The notes form part of these financial statements

SPOKESPERSON 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 27 March 2025
and signed on behalf of the board by:

Name: W Zimmerman
Status: Director

The notes form part of these financial statements

SPOKESPERSON 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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: Fixtures, fittings, tools and equipment - over 4 years

SPOKESPERSON C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 4 5

SPOKESPERSON C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 June 2023 3,418 3,418
Additions
Disposals
Revaluations
Transfers
At 31 May 2024 3,418 3,418
Depreciation
At 1 June 2023 1,573 1,573
Charge for year 855 855
On disposals
Other adjustments
At 31 May 2024 2,428 2,428
Net book value
At 31 May 2024 990 990
At 31 May 2023 1,845 1,845

SPOKESPERSON C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Stocks

2024 2023
£ £
Stocks 2,500
Total   2,500

SPOKESPERSON C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2024

5. Debtors

2024 2023
£ £
Other debtors 270
Total   270

SPOKESPERSON C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 7,599 7,664
Other creditors 12,209 16,355
Total 19,808 24,019

COMMUNITY INTEREST ANNUAL REPORT

SPOKESPERSON C.I.C.

Company Number: 12021883 (England and Wales)

Year Ending: 31 May 2024

Company activities and impact

The company runs a bicycle workshop as well as running bicycle repair and maintenance classes. They also teach lessons for adults learning to cycle. The shop opened for business in July2019. During the financial year 2023-2024, the shop’s activities have benefited the community in the following ways The company has encouraged many people to cycle by running programs to teach LGBTQ people to cycle as adults and gain access to cycling. Providing affordable repairs, servicing, accessories and advice to local residents Educating the general public about matters relating to cycling particularly about those barriers to active travel faced by those from marginalised groups. Additionally the business takes part in local community groups that advocate for active travel and other environmental and social justice issues. Organising free all ability rides for members of the LBGTQ community who are marginalised within the cycling community as well as in the wider society. Conducting a bicycle tour of the city for participants to learn about LGBTQ history and culture within Cardiff Implementing a “Pay If Forward” scheme, designed so that Trans people, Women of Colour and Disabled people (those most marginalised within cycling) can have assistance with the cost of cycling lessons, repairs and services.

Consultation with stakeholders

The Company’s stakeholders are local Cardiff residents as well as those from the surrounding South Wales area. The director has lived in South Wales for ten years and has developed the idea for the business from conversations with local residential, particularly women, LGBTQ people and BAME residents who felt other cycling businesses did not represent their interests. The business remains in touch with the needs of local residents through feedback from customers and program participants, as well as communicating through its website and social media. Additionally, a board of directors helps to organise and keeps the business informed of the community’s needs.

Directors' remuneration

The Director received remuneration of £10,980 during the year.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
27 March 2025

And signed on behalf of the board by:
Name: W Zimmerman
Status: Director