THEBIGLEAGUE CIC

Company limited by guarantee

Company Registration Number:
09195783 (England and Wales)

Unaudited statutory accounts for the year ended 30 August 2024

Period of accounts

Start date: 31 August 2023

End date: 30 August 2024

THEBIGLEAGUE CIC

Contents of the Financial Statements

for the Period Ended 30 August 2024

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

THEBIGLEAGUE CIC

Directors' report period ended 30 August 2024

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

Principal activities of the company

Chairs' Report Demand continues to rise and while the generosity of the public is still amazing we are mindful of other challenges on the horizon On the positive side of our work we are constantly impressed by amazing transformations we witness with individuals and families moving from crisis toward stabilisation of their situations and on to some brilliant achievements. Our Crisis support sees so many people accessing food, clothes, household and white goods free of charge or at low cost to get people through the worst moments. As part of our anti-poverty strategy we try to use these moments as a time for change, making sure we continue to offer help and encouragement as the crisis lifts and we can start to talk about how to avoid it happening again. This fits to our community, social, educational and work related offers - helping people to review their situations, getting help and taking action to avoid future crisis and to hold a more stable pattern. This means there is time and space to think about the future and talk about what better might look like for them We have been fortunate to receive extra funding support from some fantastic organisations, prepared to invest in our innovative approaches that put individuals and our communities at the centre of both our design and delivery. From digital inclusion, basic skills support, the creation of our Language Library, etc., etc. we are systematically tackling the many and complex issues that cause crisis and keep people in poverty - working for home based and realistic change, from the very first step.. Bovis House continues to be an amazing facility for new and existing businesses, offering town centre space and enterprise support, including community wealth building initiatives and extra focus on social enterprises. Burbank Community Centre has continued to be a vital touch point in a community struggling with a range of issues - this has included working with the Crime Commissioners Office to provide additional reporting support to local communities - ensuring they get the help they need to report crime but also to cope with the consequences of crime and the fear associated with it. The Salaam Centre has been a vital space, recognised in the hardest of times as a warm and inclusive venue shared by its diverse community, offering not only drop ins, courses and activities but also a low cost supermarket, support with language development and lots of other social, economic and environmental support and services. It is important to note the Salaam was at the centre of recent riots but that, as awful as these were, the team there were able to bring the community back together immediately afterward - working on joint clean-ups and ensuring all our community could come back together to support one another. A number of larger funders are altering their approaches and coming out of the work that we are involved in. This makes us fearful. Costs are increasing for us and everyone. We generate as much commercial income as we can to support our communities but without continued assistance we fear not being able to keep up with ever growing demand. If you can help us in any way or are a funder and are interested in our work then please get in touch, the more support we receive the stronger chance we have of continuing to meet community need and respond to the challenges and crises we know will come. We are fearful of more events like the recent riots and not being there to support our communities to heal and recover and strengthen. Extra demands mean our reserves are low but we are working hard to prepare for the future, working with our communities, ensuring they are always our first priority.



Directors

The directors shown below have held office during the whole of the period from
31 August 2023 to 30 August 2024

I Cawley
J A Lowther


The director shown below has held office during the period of
31 August 2023 to 18 December 2023

I S Caldwell


The director shown below has held office during the period of
20 March 2024 to 30 August 2024

G Lumbera


The director shown below has held office during the period of
8 March 2024 to 30 August 2024

K Gelson


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
3 March 2025

And signed on behalf of the board by:
Name: I Cawley
Status: Director

THEBIGLEAGUE CIC

Profit And Loss Account

for the Period Ended 30 August 2024

2024 2023


£

£
Turnover: 641,892 556,701
Cost of sales: ( 96,161 ) ( 58,428 )
Gross profit(or loss): 545,731 498,273
Administrative expenses: ( 546,265 ) ( 556,288 )
Other operating income: 7,338 0
Operating profit(or loss): 6,804 (58,015)
Interest payable and similar charges: ( 4,969 ) ( 3,578 )
Profit(or loss) before tax: 1,835 (61,593)
Tax: 2,306
Profit(or loss) for the financial year: 1,835 (59,287)

THEBIGLEAGUE CIC

Balance sheet

As at 30 August 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 212,163 219,996
Total fixed assets: 212,163 219,996
Current assets
Debtors: 4 33,280 9,336
Cash at bank and in hand: 43,430 16,499
Total current assets: 76,710 25,835
Creditors: amounts falling due within one year: 5 ( 223,948 ) ( 158,821 )
Net current assets (liabilities): (147,238) (132,986)
Total assets less current liabilities: 64,925 87,010
Creditors: amounts falling due after more than one year: 6 ( 56,754 ) ( 80,674 )
Total net assets (liabilities): 8,171 6,336
Members' funds
Profit and loss account: 8,171 6,336
Total members' funds: 8,171 6,336

The notes form part of these financial statements

THEBIGLEAGUE CIC

Balance sheet statements

For the year ending 30 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 3 March 2025
and signed on behalf of the board by:

Name: I Cawley
Status: Director

The notes form part of these financial statements

THEBIGLEAGUE CIC

Notes to the Financial Statements

for the Period Ended 30 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

    Turnover policy

    Revenue recognition Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably. Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that it is probable the expenses recognised will be recovered.

    Tangible fixed assets depreciation policy

    Tangible Assets Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss. Depreciation Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows: Freehold property -5% straight line Short leasehold property -10% straight line Fixtures and fittings -25% straight line Motor vehicles -25% straight line

    Other accounting policies

    Basis of preparation The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity. Disclosure exemptions The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102: (a) No cash flow statement has been presented for the company.(b) No disclosure has been given for the aggregate remuneration of key management personnel. Judgements and key sources of estimation uncertainty The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Defined contribution plans Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

THEBIGLEAGUE CIC

Notes to the Financial Statements

for the Period Ended 30 August 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 13 16

THEBIGLEAGUE CIC

Notes to the Financial Statements

for the Period Ended 30 August 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 31 August 2023 209,523 22,050 35,700 267,273
Additions 17,500 17,500
Disposals
Revaluations
Transfers
At 30 August 2024 209,523 22,050 53,200 284,773
Depreciation
At 31 August 2023 12,548 9,037 25,692 47,277
Charge for year 13,612 4,213 7,508 25,333
On disposals
Other adjustments
At 30 August 2024 26,160 13,250 33,200 72,610
Net book value
At 30 August 2024 183,363 8,800 20,000 212,163
At 30 August 2023 196,975 13,013 10,008 219,996

THEBIGLEAGUE CIC

Notes to the Financial Statements

for the Period Ended 30 August 2024

4. Debtors

2024 2023
£ £
Trade debtors 7,575 4,336
Other debtors 25,705 5,000
Total 33,280 9,336

THEBIGLEAGUE CIC

Notes to the Financial Statements

for the Period Ended 30 August 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 23,920 23,920
Taxation and social security 78,171 57,391
Accruals and deferred income 121,402 76,831
Other creditors 455 679
Total 223,948 158,821

THEBIGLEAGUE CIC

Notes to the Financial Statements

for the Period Ended 30 August 2024

6. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Bank loans and overdrafts 56,754 80,674
Total 56,754 80,674

COMMUNITY INTEREST ANNUAL REPORT

THEBIGLEAGUE CIC

Company Number: 09195783 (England and Wales)

Year Ending: 30 August 2024

Company activities and impact

Demand continues to rise and while the generosity of the public is still amazing we are mindful of other challenges on the horizon On the positive side of our work we are constantly impressed by amazing transformations we witness with individuals and families moving from crisis toward stabilisation of their situations and on to some brilliant achievements. Our Crisis support sees so many people accessing food, clothes, household and white goods free of charge or at low cost to get people through the worst moments. As part of our anti-poverty strategy we try to use these moments as a time for change, making sure we continue to offer help and encouragement as the crisis lifts and we can start to talk about how to avoid it happening again. This fits to our community, social, educational and work related offers - helping people to review their situations, getting help and taking action to avoid future crisis and to hold a more stable pattern. This means there is time and space to think about the future and talk about what better might look like for them We have been fortunate to receive extra funding support from some fantastic organisations, prepared to invest in our innovative approaches that put individuals and our communities at the centre of both our design and delivery. From digital inclusion, basic skills support, the creation of our Language Library, etc., etc. we are systematically tackling the many and complex issues that cause crisis and keep people in poverty - working for home based and realistic change, from the very first step.. Bovis House continues to be an amazing facility for new and existing businesses, offering town centre space and enterprise support, including community wealth building initiatives and extra focus on social enterprises. Burbank Community Centre has continued to be a vital touch point in a community struggling with a range of issues - this has included working with the Crime Commissioners Office to provide additional reporting support to local communities - ensuring they get the help they need to report crime but also to cope with the consequences of crime and the fear associated with it. The Salaam Centre has been a vital space, recognised in the hardest of times as a warm and inclusive venue shared by its diverse community, offering not only drop ins, courses and activities but also a low cost supermarket, support with language development and lots of other social, economic and environmental support and services. It is important to note the Salaam was at the centre of recent riots but that, as awful as these were, the team there were able to bring the community back together immediately afterward - working on joint clean-ups and ensuring all our community could come back together to support one another. We could go on further about the amazing work of our staff, volunteers and community helpers - the inspiring stories are endless! But we also need to touch on the difficulties that we see on the horizon. Despite the amazing support we have received from The Tudor Trust, National Lottery Community Fund, Henry Smith, James Knott, NGN, Key Fund, Greggs, PFC, and many more the funding arena is changing. A number of larger funders are altering their approaches and coming out of the work that we are involved in. This makes us fearful. Costs are increasing for us and everyone. We generate as much commercial income as we can to support our communities but without continued assistance we fear not being able to keep up with ever growing demand. If you can help us in any way or are a funder and are interested in our work then please get in touch, the more support we receive the stronger chance we have of continuing to meet community need and respond to the challenges and crises we know will come. We are fearful of more events like the recent riots and not being there to support our communities to heal and recover and strengthen. Extra demands mean our reserves are low but we are working hard to prepare for the future, working with our communities, ensuring they are always our first priority

Consultation with stakeholders

This work is also possible because of the amazing work of our partners, local organisations and businesses pulling together to save people falling through the cracks. Hartlepool Borough Council, The college of Further Education, Hartlepool Carers, Lets Connect, The Baby Bank, Harbour, Recovery Connections, the list goes on. By working with different groups with different specialisms, resources and skills we can try to ensure every single person has the best chance of achieving their potential and being a positive part of their community.

Directors' remuneration

The directors received remuneration of £54,588 in the year.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
3 March 2025

And signed on behalf of the board by:
Name: I Cawley
Status: Director