THE BIG FANDANGO CIC

Company limited by guarantee

Company Registration Number:
13001591 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2024

Period of accounts

Start date: 1 July 2023

End date: 30 June 2024

THE BIG FANDANGO CIC

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 BIG FANDANGO CIC

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

Directors

The directors shown below have held office during the whole of the period from
1 July 2023 to 30 June 2024

Mr Andrew Jackson
Mrs Rebecca Jackson
Mr Lee Marston
Ms Jacqueline Armstrong


The director shown below has held office during the period of
1 July 2023 to 6 November 2023

Mr James Cunliffe


The director shown below has held office during the period of
17 May 2024 to 30 June 2024

Mrs Michelle Sampson


The director shown below has held office during the period of
24 October 2023 to 30 June 2024

Mr David Catterall


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
16 June 2025

And signed on behalf of the board by:
Name: Mrs Rebecca Jackson
Status: Director

THE BIG FANDANGO CIC

Balance sheet

As at 30 June 2024

Notes 2024 2023


£

£
Current assets
Debtors: 3 981 972
Cash at bank and in hand: 29,278 28,904
Total current assets: 30,259 29,876
Net current assets (liabilities): 30,259 29,876
Total assets less current liabilities: 30,259 29,876
Creditors: amounts falling due after more than one year: 4 ( 19,045 ) ( 18,972 )
Total net assets (liabilities): 11,214 10,904
Members' funds
Profit and loss account: 11,214 10,904
Total members' funds: 11,214 10,904

The notes form part of these financial statements

THE BIG FANDANGO CIC

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 16 June 2025
and signed on behalf of the board by:

Name: Mrs Rebecca Jackson
Status: Director

The notes form part of these financial statements

THE BIG FANDANGO CIC

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 Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    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.

    Other accounting policies

    Taxation Income tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable surplus for the year. Taxable surplus differs from surplus as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable surplus. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable surplus will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable surplus will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities. Current and deferred tax are recognised in surplus or deficit for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

THE BIG FANDANGO CIC

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 1

THE BIG FANDANGO CIC

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Debtors

2024 2023
£ £
Other debtors 981 972
Total 981 972

THE BIG FANDANGO CIC

Notes to the Financial Statements

for the Period Ended 30 June 2024

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

2024 2023
£ £
Other creditors 19,045 18,972
Total 19,045 18,972

COMMUNITY INTEREST ANNUAL REPORT

THE BIG FANDANGO CIC

Company Number: 13001591 (England and Wales)

Year Ending: 30 June 2024

Company activities and impact

The Big Fandango CIC is a dynamic community arts centre focused on promoting mental wellbeing through a wide range of creative initiatives. The centre offers accessible arts and crafts drop-in sessions as well as structured workshops that encourage creativity and social connection. In its ongoing commitment to mental health, The Big Fandango CIC delivers monthly suicide prevention training sessions. These are aimed at individuals across public, private, and third-sector organisations, providing them with essential knowledge and practical skills. Additionally, the centre hosts monthly social support gatherings to foster community and inclusion. It also delivers vital peer support for families affected by the loss of a loved one to suicide, helping them cope and heal through shared experiences and mutual support.

Consultation with stakeholders

The Big Fandango CIC is actively working with local councils and funding bodies to secure financial backing for a range of new projects. These initiatives are tailored to meet the specific needs of the community, addressing local challenges with targeted solutions. Through these partnerships, the centre seeks to expand its programs and strengthen its impact, offering a diverse array of support services that promote overall wellbeing and resilience. Planned developments include innovative programs focused on mental health, creative expression, and community connection enriching lives through consistent support and meaningful engagement.

Directors' remuneration

Remuneration received in the year amounts to £10,800.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
16 June 2025

And signed on behalf of the board by:
Name: Mrs Rebecca Jackson
Status: Director