THE LEGACY GUILD C.I.C.

Company limited by guarantee

Company Registration Number:
14960385 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2024

Period of accounts

Start date: 26 June 2023

End date: 30 June 2024

THE LEGACY GUILD C.I.C.

Contents of the Financial Statements

for the Period Ended 30 June 2024

Directors report
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

THE LEGACY GUILD C.I.C.

Directors' report period ended 30 June 2024

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

Principal activities of the company

Our Founders bring a wealth of community experience gained through service delivery, community development initiatives, and dedicated volunteering efforts. Throughout our journey, we have had the privilege of collaborating with skilled and active older individuals who possess a treasure trove of knowledge and expertise. However, we noticed a significant gap in our community: a lack of accessible platforms for older adults to connect and leverage their skills in meaningful ways. This realisation has driven us to engage in conversations with community partners and older adults themselves, gathering insights that will help us create opportunities tailored to their unique strengths and needs.



Directors

The directors shown below have held office during the period of
27 June 2023 to 30 June 2024

Malcolm Clark
John Pennington


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
1 May 2025

And signed on behalf of the board by:
Name: John Pennington
Status: Director

THE LEGACY GUILD C.I.C.

Balance sheet

As at 30 June 2024

Notes 2024


£
Fixed assets
Intangible assets:   0
Tangible assets: 3 200
Investments:   0
Total fixed assets: 200
Current assets
Stocks:   0
Debtors:   0
Cash at bank and in hand: 1,536
Investments:   0
Total current assets: 1,536
Prepayments and accrued income: 11,400
Creditors: amounts falling due within one year: 4 ( 10,063 )
Net current assets (liabilities): 2,873
Total assets less current liabilities: 3,073
Provision for liabilities: ( 500 )
Accruals and deferred income: 0
Total net assets (liabilities): 2,573
Members' funds
Profit and loss account: 2,573
Total members' funds: 2,573

The notes form part of these financial statements

THE LEGACY GUILD C.I.C.

Balance sheet statements

For the year ending 30 June 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 14 April 2025
and signed on behalf of the board by:

Name: Malcolm Clark
Status: Director

The notes form part of these financial statements

THE LEGACY GUILD C.I.C.

Notes to the Financial Statements

for the Period Ended 30 June 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

THE LEGACY GUILD C.I.C.

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees

    2024
    Average number of employees during the period 0

THE LEGACY GUILD C.I.C.

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 200 200
Disposals
Revaluations
Transfers
At 30 June 2024 200 200
Depreciation
Charge for year
On disposals
Other adjustments
At 30 June 2024
Net book value
At 30 June 2024 200 200

THE LEGACY GUILD C.I.C.

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Creditors: amounts falling due within one year note

2024
£
Trade creditors 10,063
Total 10,063

COMMUNITY INTEREST ANNUAL REPORT

THE LEGACY GUILD C.I.C.

Company Number: 14960385 (England and Wales)

Year Ending: 30 June 2024

Company activities and impact

The Legacy Guild C.I.C consist of a panel of experts with various skills in business arts and craft. Thet are willing to pass on these skills to others in the community to help the development of community projects and initiatives. The Legacy Guild created a youth engagement project called Youth into Opera using the expertise of a music composer and opera singers we ran two workshops for one hundred and fourty young people in the local community. The aim of this project was to engage young people in the arts and introducing them to Opera. We have also devloped a music service designed to help people living with demenia enjoy their own bespoke muiscal memories. We ran a limited pilot program and hope to raise funds to roll this service out throughout the community.

Consultation with stakeholders

We have shared ideas and projects with relevant people in the community to get feedback and acted on this. We are also in regular contact with local charities to offer our services.

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
1 May 2025

And signed on behalf of the board by:
Name: Malcolm Clark
Status: Director