BRENT BULLS CIC

Company limited by guarantee

Company Registration Number:
12726392 (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

BRENT BULLS CIC

Contents of the Financial Statements

for the Period Ended 31 July 2024

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

BRENT BULLS CIC

Profit And Loss Account

for the Period Ended 31 July 2024

2024 2023


£

£
Turnover: 48,137 67,935
Gross profit(or loss): 48,137 67,935
Distribution costs: ( 46,839 ) ( 64,447 )
Operating profit(or loss): 1,298 3,488
Profit(or loss) before tax: 1,298 3,488
Tax: ( 247 ) ( 584 )
Profit(or loss) for the financial year: 1,051 2,904

BRENT BULLS CIC

Balance sheet

As at 31 July 2024

Notes 2024 2023


£

£
Current assets
Stocks: 3 11,246 7,418
Total current assets: 11,246 7,418
Creditors: amounts falling due within one year: 4 ( 7,199 ) ( 4,222 )
Net current assets (liabilities): 4,047 3,196
Total assets less current liabilities: 4,047 3,196
Total net assets (liabilities): 4,047 3,196
Members' funds
Profit and loss account: 4,047 3,196
Total members' funds: 4,047 3,196

The notes form part of these financial statements

BRENT BULLS 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 3 May 2025
and signed on behalf of the board by:

Name: CLIVE CASTILLO
Status: Director

The notes form part of these financial statements

BRENT BULLS 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 Financial Reporting Standard 101

BRENT BULLS 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

BRENT BULLS CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Stocks

2024 2023
£ £
Stocks 11,246 7,418
Total 11,246 7,418

BRENT BULLS CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Other creditors 7,199 4,222
Total 7,199 4,222

COMMUNITY INTEREST ANNUAL REPORT

BRENT BULLS CIC

Company Number: 12726392 (England and Wales)

Year Ending: 31 July 2024

Company activities and impact

Brent Bulls CIC, established in 2020, is dedicated to promoting and providing basketball programs and services for participants of all ages and skill levels in London. During the 2023-24 financial year, we aim to grow grassroots participation in sports through various basketball opportunities, fostering a positive environment where individuals can develop fitness, wellness, social interaction, teamwork, fair play, representation, and leadership skills. Brent Bulls CIC has made significant contributions to the community during the 2023-24 tax year in the following ways: - We provide basketball programs for different age groups and skill levels in the North-West area of London. - We create educational pathways through sport by partnering with schools, including St. Dominic Sixth Form College, St. Charles Sixth Form College, and the University of Westminster. - We collaborate with local businesses and communities to promote activity and sports, partnering this year with Basketballx England and Brent Cross Town. - We deliver educational sports courses and qualifications to the London community, focusing on various coaching levels. - We offer more opportunities for women through basketball, including our participation in the Women's National Basketball League team, one of the few in London. - We provide work and volunteering experiences for youth and community members who wish to get involved and make a positive impact through sport. - We represent the Borough of Brent in the London Youth Games for U19 boys and girls. - We conduct outdoor outreach programs to increase awareness of physical activity and sports among the younger generation, collaborating with Brent Cross Town and the London Basketball Association.

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 April 2025

And signed on behalf of the board by:
Name: CLIVE CASTILLO
Status: Director