BLACK SHEEP EVENTS CIC

Company limited by guarantee

Company Registration Number:
15081671 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2024

Period of accounts

Start date: 18 August 2023

End date: 31 August 2024

BLACK SHEEP EVENTS 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

BLACK SHEEP EVENTS CIC

Profit And Loss Account

for the Period Ended 31 August 2024

2024


£
Turnover: 15,000
Cost of sales: 0
Gross profit(or loss): 15,000
Distribution costs: ( 8,324 )
Administrative expenses: ( 1,468 )
Operating profit(or loss): 5,208
Profit(or loss) before tax: 5,208
Profit(or loss) for the financial year: 5,208

BLACK SHEEP EVENTS CIC

Balance sheet

As at 31 August 2024

Notes 2024


£
Fixed assets
Tangible assets: 3 3,866
Investments:   0
Total fixed assets: 3,866
Current assets
Cash at bank and in hand: 5,027
Total current assets: 5,027
Net current assets (liabilities): 5,027
Total assets less current liabilities: 8,893
Total net assets (liabilities): 8,893
Members' funds
Profit and loss account: 8,893
Total members' funds: 8,893

The notes form part of these financial statements

BLACK SHEEP EVENTS 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 15 May 2025
and signed on behalf of the board by:

Name: Claire Goodman
Status: Director

The notes form part of these financial statements

BLACK SHEEP EVENTS 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

    Tangible fixed assets depreciation policy

    Tangible fixed assets are depreciated over their expected useful economic life, as follows: Gazebos & weights - 4 years PPE - 4 years

BLACK SHEEP EVENTS CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees

    2024
    Average number of employees during the period 0

BLACK SHEEP EVENTS CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 5,154 5,154
Disposals
Revaluations
Transfers
At 31 August 2024 5,154 5,154
Depreciation
Charge for year 1,288 1,288
On disposals
Other adjustments
At 31 August 2024 1,288 1,288
Net book value
At 31 August 2024 3,866 3,866

COMMUNITY INTEREST ANNUAL REPORT

BLACK SHEEP EVENTS CIC

Company Number: 15081671 (England and Wales)

Year Ending: 31 August 2024

Company activities and impact

The company runs street markets in Shepton Mallet to encourage economic regeneration, increase footfall to the town, create a larger sense of civic pride and increase wider public opinion of the town. - The Shepton Mallet Sunday Market was successful in of attracting a significant footfall into the town centre. The Church and many community groups held events to coincide with the market, in order to benefit from the increased footfall. - The number of retailers opening for the market grew throughout the year with word of mouth among businesses encouraging their neighbours that it was highly worthwhile. Interviews with local business owners confirmed that the market had been highly beneficial to their income, with some taking a months takings on Sunday market day, a day they would normally be closed. - 42% of traders at the market were located within 10 miles of Shepton Mallet - Brief surveys confirmed that visitors had traveled some considerable distance in order to visit the market and were very positive about the market and Shepton Mallet in general - The company was supported financially by the Town Council.

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
15 May 2025

And signed on behalf of the board by:
Name: Claire Goodman
Status: Director