CRUSADERS COMMUNITY BASKETBALL CIC

Company limited by guarantee

Company Registration Number:
14313089 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2024

Period of accounts

Start date: 1 September 2023

End date: 31 August 2024

CRUSADERS COMMUNITY BASKETBALL CIC

Contents of the Financial Statements

for the Period Ended 31 August 2024

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

CRUSADERS COMMUNITY BASKETBALL CIC

Profit And Loss Account

for the Period Ended 31 August 2024

2024 2023


£

£
Turnover: 246,800 252,530
Cost of sales: ( 8,611 ) ( 9,221 )
Gross profit(or loss): 238,189 243,309
Distribution costs: 0 0
Administrative expenses: ( 251,685 ) ( 239,798 )
Operating profit(or loss): (13,496) 3,511
Profit(or loss) before tax: (13,496) 3,511
Profit(or loss) for the financial year: (13,496) 3,511

CRUSADERS COMMUNITY BASKETBALL CIC

Balance sheet

As at 31 August 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 12,130 13,477
Investments:   0 0
Total current assets: 12,130 13,477
Prepayments and accrued income: 2,902 2,760
Creditors: amounts falling due within one year: 3 ( 10,707 ) ( 7,711 )
Net current assets (liabilities): 4,325 8,526
Total assets less current liabilities: 4,325 8,526
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 4,325 8,526
Members' funds
Profit and loss account: 4,325 8,526
Total members' funds: 4,325 8,526

The notes form part of these financial statements

CRUSADERS COMMUNITY BASKETBALL CIC

Balance sheet statements

For the year ending 31 August 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: Jesse Sazant
Status: Director

The notes form part of these financial statements

CRUSADERS COMMUNITY BASKETBALL CIC

Notes to the Financial Statements

for the Period Ended 31 August 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

CRUSADERS COMMUNITY BASKETBALL CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 5 5

CRUSADERS COMMUNITY BASKETBALL CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 10,707 7,711
Taxation and social security 0 0
Accruals and deferred income 0 0
Other creditors 0 0
Total 10,707 7,711

COMMUNITY INTEREST ANNUAL REPORT

CRUSADERS COMMUNITY BASKETBALL CIC

Company Number: 14313089 (England and Wales)

Year Ending: 31 August 2024

Company activities and impact

The company runs Kent Crusaders Basketball Club, having opened as a CIC in August 2022. The company has benefitted the community this year by providing: - Opportunities for 160 young people to participate in competitive basketball through 11 national league team for boys and girls. - A variety of weekly open basketball sessions for players of all ages, abilities and backgrounds at an affordable price, accessed by over 500 young people across the year. - A primary school based coaching programme (Let's Play Ball) which has introduced basketball to one thousand young people over the year, encouraging a healthy and active lifestyle. - Collaborative work with Medway Council supporting their health and active initiatives. - Provided holiday camps (including HAF activities) for the young people of Medway across all school holidays.

Consultation with stakeholders

The companies stakeholders are the people of Medway and Kent who wish to take part in basketball. The directors have an excellent relationship with this group of stakeholders, having been involved in the local basketball community for 20+ years. There are regular opportunities for formal and informal feedback to the directors, including through special events such as our year end celebration and our Family Fun Day. Through these discussions, reflection and feedback we are able to establish sessions for different age groups, times and locations that match the need. Additionally, it allows us to identify and remove barriers to participation that this group faces, whether financial, physical/mental health based or logistical.

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: Jesse Sazant
Status: Director