for the Period Ended 31 August 2024
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 August 2024
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
1 September 2023
to
31 August 2024
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
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
2024 | 2023 | |
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Turnover: |
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Cost of sales: |
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Gross profit(or loss): |
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Administrative expenses: |
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Operating profit(or loss): |
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Profit(or loss) before tax: |
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Profit(or loss) for the financial year: |
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As at
Notes | 2024 | 2023 | |
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Current assets | |||
Cash at bank and in hand: |
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Total current assets: |
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Creditors: amounts falling due within one year: | 3 |
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Net current assets (liabilities): |
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Total assets less current liabilities: |
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Total net assets (liabilities): |
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Members' funds | |||
Profit and loss account: |
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Total members' funds: |
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The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 August 2024
Basis of measurement and preparation
Turnover policy
for the Period Ended 31 August 2024
2024 | 2023 | |
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Average number of employees during the period |
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for the Period Ended 31 August 2024
2024 | 2023 | |
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£ | £ | |
Other creditors |
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Total |
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The Binfield 10k CIC plans & puts on a 10k race in and around the village of Binfield once a year in May. The Binfield 10k committee co-ordinates a number of local organisations to put this event on & works with other local run committees to share equipment & agree dates to avoid clashes. In 2024 we attracted 900 entrants to join the event & were able to raise in excess of £10k that was distributed to local charities & organisations who helped in the run up to & on the day itself. Since inception, the Binfield 10k CIC has distributed £70k of which £50k has been given directly to our community through local organisations. The race showcases the village of Binfield, brings together the community & many of its local charitable & youth groups. It also helps promote health & fitness in the community.
As a committee we actively work with more than 8 other local community groups. We also work closely with Binfield Parish Council, who allow us to use Parish owned land for the start & end of the race & sponsor the medals. We also seek sponsorship from local businesses to help cover the costs of staging the event & encourage those sponsors to get involved ahead of the race & on the day itself. We publish information regarding the event in the 5 months leading up to the event in a local community magazine distributed within the village We communicate extensively through social media to all interested parties – including runner information for the day & impacts of the race for local residents. We are lucky to be well supported by the whole local community many of whom volunteer as marshals on the day. Local running clubs are also key to the success of the event.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
12 March 2025
And signed on behalf of the board by:
Name: Alison Wickham
Status: Director