TEAM RALEIGH CIC

Company limited by guarantee

Company Registration Number:
14260491 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2024

Period of accounts

Start date: 1 August 2023

End date: 31 July 2024

TEAM RALEIGH CIC

Contents of the Financial Statements

for the Period Ended 31 July 2024

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

TEAM RALEIGH CIC

Directors' report period ended 31 July 2024

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

Directors

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

Jacqueline Reeves
Lizeta Fellows


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 April 2025

And signed on behalf of the board by:
Name: Jacqueline Reeves
Status: Director

TEAM RALEIGH CIC

Profit And Loss Account

for the Period Ended 31 July 2024

2024 2023


£

£
Turnover: 6,364 6,566
Cost of sales: ( 6,675 ) ( 7,853 )
Gross profit(or loss): (311) (1,287)
Operating profit(or loss): (311) (1,287)
Interest receivable and similar income: 6 7
Profit(or loss) before tax: (305) (1,280)
Profit(or loss) for the financial year: (305) (1,280)

TEAM RALEIGH CIC

Balance sheet

As at 31 July 2024

Notes 2024 2023


£

£
Current assets
Cash at bank and in hand: 380 302
Total current assets: 380 302
Creditors: amounts falling due within one year: 3 ( 1,965 ) ( 1,582 )
Net current assets (liabilities): (1,585) (1,280)
Total assets less current liabilities: (1,585) ( 1,280)
Total net assets (liabilities): (1,585) (1,280)
Members' funds
Profit and loss account: (1,585) ( 1,280)
Total members' funds: ( 1,585) (1,280)

The notes form part of these financial statements

TEAM RALEIGH CIC

Balance sheet statements

For the year ending 31 July 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 April 2025
and signed on behalf of the board by:

Name: Jacqueline Reeves
Status: Director

The notes form part of these financial statements

TEAM RALEIGH CIC

Notes to the Financial Statements

for the Period Ended 31 July 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

TEAM RALEIGH CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

TEAM RALEIGH CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Creditors: amounts falling due within one year note

2024 2023
£ £
Other creditors 1,965 1,582
Total 1,965 1,582

TEAM RALEIGH CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Loans to directors

Name of director receiving advance or credit: Jacqueline Reeves
Description of the transaction:
The loan represents additional funds loaned by the director to the company.
£
Balance at 31 July 2023 1,582
Advances or credits made: 383
Advances or credits repaid:
Balance at 31 July 2024 1,965

COMMUNITY INTEREST ANNUAL REPORT

TEAM RALEIGH CIC

Company Number: 14260491 (England and Wales)

Year Ending: 31 July 2024

Company activities and impact

Team Raleigh attend and hold events to raise awareness of the charity Hounds for Heroes and to support Assistance Dog Raleigh through his working life. During this financial year we have done this by attending Pass Out parades at HMS Raleigh and attending the Royal Cornwall Show, Armed Forces Day and other local events. Team Raleigh is run on a voluntary basis with assistance from the local community. Team Raleigh's fundraising supports those who have been injured or disabled in service and require an assistance dog. We are currently funding one dog, Raleigh, who is partnered with an Army Major who is wheelchair bound. We also support the veteran community with support and signposting.

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 April 2025

And signed on behalf of the board by:
Name: Jacqueline Reeves
Status: Director