SOUTH LONDON TOPCATS CIC

Company limited by guarantee

Company Registration Number:
11925831 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2024

Period of accounts

Start date: 1 May 2023

End date: 30 April 2024

SOUTH LONDON TOPCATS CIC

Contents of the Financial Statements

for the Period Ended 30 April 2024

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

SOUTH LONDON TOPCATS CIC

Directors' report period ended 30 April 2024

The directors present their report with the financial statements of the company for the period ended 30 April 2024

Directors

The directors shown below have held office during the whole of the period from
1 May 2023 to 30 April 2024

Richard Thomas
Delia Jameson
Basil Muhammad
Peter Rollins


The director shown below has held office during the period of
1 September 2023 to 30 April 2024

James Garvey


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
10 April 2025

And signed on behalf of the board by:
Name: Delia Jameson
Status: Director

SOUTH LONDON TOPCATS CIC

Profit And Loss Account

for the Period Ended 30 April 2024

2024 2023


£

£
Turnover: 38,998 112,137
Cost of sales: ( 95,463 ) ( 67,459 )
Gross profit(or loss): (56,465) 44,678
Administrative expenses: ( 15,875 ) ( 13,072 )
Operating profit(or loss): (72,340) 31,606
Profit(or loss) before tax: (72,340) 31,606
Profit(or loss) for the financial year: (72,340) 31,606

SOUTH LONDON TOPCATS CIC

Balance sheet

As at 30 April 2024

Notes 2024 2023


£

£
Current assets
Stocks: 3 4,800 4,800
Debtors: 4 6,963
Cash at bank and in hand: 6,865 40,353
Total current assets: 11,665 52,116
Net current assets (liabilities): 11,665 52,116
Total assets less current liabilities: 11,665 52,116
Accruals and deferred income: ( 31,889 )
Total net assets (liabilities): (20,224) 52,116
Members' funds
Profit and loss account: (20,224) 52,116
Total members' funds: ( 20,224) 52,116

The notes form part of these financial statements

SOUTH LONDON TOPCATS CIC

Balance sheet statements

For the year ending 30 April 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 10 April 2025
and signed on behalf of the board by:

Name: Delia Jameson
Status: Director

The notes form part of these financial statements

SOUTH LONDON TOPCATS CIC

Notes to the Financial Statements

for the Period Ended 30 April 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 is reduced for estimated customer returns, rebates and other similar allowances. Sale of goods Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods. Rendering of services 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

SOUTH LONDON TOPCATS CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 8 8

SOUTH LONDON TOPCATS CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Stocks

2024 2023
£ £
Stocks 4,800 4,800
Total 4,800 4,800

SOUTH LONDON TOPCATS CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Debtors

2024 2023
£ £
Trade debtors 6,963
Total   6,963

COMMUNITY INTEREST ANNUAL REPORT

SOUTH LONDON TOPCATS CIC

Company Number: 11925831 (England and Wales)

Year Ending: 30 April 2024

Company activities and impact

The company’s activities will provide benefit to children and young people to provide a safe environment to play basketball at both social and club level in order provide programmes for physical recreation, so as to develop their physical, mental and spiritual capacity, that they may grow to full maturity as individuals, and as members of society, and that their lives may be improved. General - running basketball sessions with a strong focus on children and young people from the local community. Physical Wellbeing Bring about social connectedness uniting children and young people from different backgrounds to participate in healthy social and competitive basketball activities particularly from disadvantaged backgrounds to achieve their sporting potential. Promote multi-stakeholder collaboration to support our children and young people with wider social integration activities In addition to physical activities, our organisation will work with community organisations to provide events and resources aligned to social integration priorities. Create an awareness and coping strategies to optimise physical and mental wellbeing with an aim to equip our children and young people with high aspirations for their future lives Prevent and combat negative stereotypes and promote trust, self confidence and self esteem Work with providers to support older club members into employment, education and wider international basketball scholarship opportunities Provide opportunities for local residents from all backgrounds to volunteer to support our young people and encourage community cohesion

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
30 December 2024

And signed on behalf of the board by:
Name: DELIA JAMESON
Status: Director