THE DAVID GAILOR INSPIRATION CIC

Company limited by guarantee

Company Registration Number:
14659794 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 1 April 2024

End date: 31 October 2024

THE DAVID GAILOR INSPIRATION CIC

Contents of the Financial Statements

for the Period Ended 31 October 2024

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

THE DAVID GAILOR INSPIRATION CIC

Profit And Loss Account

for the Period Ended 31 October 2024

31 October 2024 31 March 2024


£
£
Turnover: 8,069 24,855
Cost of sales: ( 1,872 ) ( 9,345 )
Gross profit(or loss): 6,197 15,510
Administrative expenses: ( 6,825 ) ( 15,479 )
Operating profit(or loss): (628) 31
Profit(or loss) before tax: (628) 31
Profit(or loss) for the financial year: (628) 31

THE DAVID GAILOR INSPIRATION CIC

Balance sheet

As at 31 October 2024

Notes 31 October 2024 31 March 2024


£
£
Current assets
Cash at bank and in hand: 5 1,531
Total current assets: 5 1,531
Prepayments and accrued income: 0
Creditors: amounts falling due within one year: 3 ( 602 ) ( 500 )
Net current assets (liabilities): (597) 1,031
Total assets less current liabilities: (597) 1,031
Accruals and deferred income: ( 1,000 )
Total net assets (liabilities): (597) 31
Members' funds
Profit and loss account: (597) 31
Total members' funds: ( 597) 31

The notes form part of these financial statements

THE DAVID GAILOR INSPIRATION 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 31 March 2025
and signed on behalf of the board by:

Name: Tracy Bradbrook
Status: Director

The notes form part of these financial statements

THE DAVID GAILOR INSPIRATION 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

THE DAVID GAILOR INSPIRATION CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees

    31 October 2024 31 March 2024
    Average number of employees during the period 0 0

THE DAVID GAILOR INSPIRATION CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

3. Creditors: amounts falling due within one year note

31 October 2024 31 March 2024
£ £
Accruals and deferred income 0
Other creditors 602 500
Total 602 500

COMMUNITY INTEREST ANNUAL REPORT

THE DAVID GAILOR INSPIRATION CIC

Company Number: 14659794 (England and Wales)

Year Ending: 31 October 2024

Company activities and impact

Having lost 2 directors it became apparent that I could not run the CIS successfully on my own, so I took the decision to close at the end of September. Competition in the villager from the community centre made getting donations and volunteers impossible and I don’t have the necessary skills to go alone.

Consultation with stakeholders

I talked to our volunteers and locals explaining that we could not continue. There was a lo of sorrow and hugs and tears.

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 March 2025

And signed on behalf of the board by:
Name: Tracy Bradbrook
Status: Director