THE NORWICH SEEKER C.I.C.

Company limited by guarantee

Company Registration Number:
14506516 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2024

Period of accounts

Start date: 1 December 2023

End date: 30 November 2024

THE NORWICH SEEKER C.I.C.

Contents of the Financial Statements

for the Period Ended 30 November 2024

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

THE NORWICH SEEKER C.I.C.

Directors' report period ended 30 November 2024

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

Directors

The director shown below has held office during the whole of the period from
1 December 2023 to 30 November 2024

Gregory Stephen Smith


The directors shown below have held office during the period of
1 March 2024 to 30 November 2024

Amanda Louise Bunn
Shaun Lee Lowthorpe
David Michael Powles


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: Gregory Stephen Smith
Status: Director

THE NORWICH SEEKER C.I.C.

Profit And Loss Account

for the Period Ended 30 November 2024

2024 2023


£

£
Turnover: 4,233 370
Cost of sales: ( 3,728 ) ( 9,608 )
Gross profit(or loss): 505 (9,238)
Administrative expenses: ( 2,525 ) ( 1,316 )
Operating profit(or loss): (2,020) (10,554)
Profit(or loss) before tax: (2,020) (10,554)
Profit(or loss) for the financial year: (2,020) (10,554)

THE NORWICH SEEKER C.I.C.

Balance sheet

As at 30 November 2024

Notes 2024 2023


£

£
Current assets
Cash at bank and in hand: 45 2,073
Total current assets: 45 2,073
Net current assets (liabilities): 45 2,073
Total assets less current liabilities: 45 2,073
Creditors: amounts falling due after more than one year: 3 ( 2,065 ) ( 2,073 )
Total net assets (liabilities): (2,020) 0
Members' funds
Profit and loss account: (2,020) 0
Total members' funds: ( 2,020) 0

The notes form part of these financial statements

THE NORWICH SEEKER C.I.C.

Balance sheet statements

For the year ending 30 November 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 1 May 2025
and signed on behalf of the board by:

Name: Gregory Stephen Smith
Status: Director

The notes form part of these financial statements

THE NORWICH SEEKER C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 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

    . Turnover Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Sale of goods Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods. Rendering of services Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

THE NORWICH SEEKER C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

THE NORWICH SEEKER C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2024

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

2024 2023
£ £
Other creditors 2,065 2,073
Total 2,065 2,073

COMMUNITY INTEREST ANNUAL REPORT

THE NORWICH SEEKER C.I.C.

Company Number: 14506516 (England and Wales)

Year Ending: 30 November 2024

Company activities and impact

The Norwich Seeker aims to find a new model for independent, in-depth local journalism, delivering compelling newsletters to thousands of readers every week. Following a successful 6-month pilot, referred to in a previous submission, during the financial year to end November 2024 work has been suspended due to lack of financial support. The initial pilot had been supported with a grant from Innovate UK and the Directors; feedback was favourable but despite efforts to raise funds from various public and private sources the Directors are now considering options for the future, including cessation of activities and winding up the CIC

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
22 May 2025

And signed on behalf of the board by:
Name: Greg Smith
Status: Director