GUISELEY LIGHTS CIC

Company limited by guarantee

Company Registration Number:
12277774 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 1 November 2023

End date: 31 October 2024

GUISELEY LIGHTS CIC

Contents of the Financial Statements

for the Period Ended 31 October 2024

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

GUISELEY LIGHTS CIC

Profit And Loss Account

for the Period Ended 31 October 2024

2024 2023


£

£
Turnover: 9,683 13,816
Cost of sales: ( 8,182 ) ( 9,721 )
Gross profit(or loss): 1,501 4,095
Distribution costs: ( 661 ) ( 2,723 )
Administrative expenses: ( 840 ) ( 1,372 )
Operating profit(or loss): 0 0
Profit(or loss) before tax: 0 0
Profit(or loss) for the financial year: 0 0

GUISELEY LIGHTS CIC

Balance sheet

As at 31 October 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 1,585 1,585
Total fixed assets: 1,585 1,585
Current assets
Stocks: 4 213
Cash at bank and in hand: 2,288 3,221
Total current assets: 2,501 3,221
Prepayments and accrued income: 720
Net current assets (liabilities): 2,501 3,941
Total assets less current liabilities: 4,086 5,526
Total net assets (liabilities): 4,086 5,526
Members' funds
Profit and loss account: 4,086 5,526
Total members' funds: 4,086 5,526

The notes form part of these financial statements

GUISELEY LIGHTS CIC

Balance sheet statements

For the year ending 31 October 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 June 2025
and signed on behalf of the board by:

Name: Stuart Andrew
Status: Director

The notes form part of these financial statements

GUISELEY LIGHTS CIC

Notes to the Financial Statements

for the Period Ended 31 October 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

GUISELEY LIGHTS CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 10 10

GUISELEY LIGHTS CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 November 2023 1,585 1,585
Additions
Disposals
Revaluations
Transfers
At 31 October 2024 1,585 1,585
Depreciation
At 1 November 2023
Charge for year
On disposals
Other adjustments
At 31 October 2024
Net book value
At 31 October 2024 1,585 1,585
At 31 October 2023 1,585 1,585

GUISELEY LIGHTS CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

4. Stocks

2024 2023
£ £
Stocks 213
Total 213

COMMUNITY INTEREST ANNUAL REPORT

GUISELEY LIGHTS CIC

Company Number: 12277774 (England and Wales)

Year Ending: 31 October 2024

Company activities and impact

We have held two street parties for the community to get together and these were free to all. This included bands, market stalls, food and drink outlets and a fairground, this allowed people to get together as part of the whole community, to support to lighting up of Christmas in Guiseley. We have updated the Christmas lights in the St Oswald's church yard and added extra lights around the town at Christmas time

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
1 June 2025

And signed on behalf of the board by:
Name: Stuart Andrew
Status: Director