LATEST GROUP CIC

Company limited by guarantee

Company Registration Number:
09973625 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2025

Period of accounts

Start date: 1 February 2024

End date: 31 January 2025

LATEST GROUP CIC

Contents of the Financial Statements

for the Period Ended 31 January 2025

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

LATEST GROUP CIC

Directors' report period ended 31 January 2025

The directors present their report with the financial statements of the company for the period ended 31 January 2025

Principal activities of the company

The principal activity of the company continued to be that of providing opportunities to disadvantaged local groups and providing these individuals with a voice in the media.

Additional information

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.



Directors

The directors shown below have held office during the whole of the period from
1 February 2024 to 31 January 2025

Ms CM Smith
Mr AC Garth
Mr A Kay


The director shown below has held office during the period of
7 October 2024 to 31 January 2025

Mr S Ogbeide


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
13 June 2025

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

LATEST GROUP CIC

Profit And Loss Account

for the Period Ended 31 January 2025

2025 2024


£

£
Turnover: 126,841 161,680
Cost of sales: ( 121,135 ) ( 156,044 )
Gross profit(or loss): 5,706 5,636
Administrative expenses: ( 5,365 ) ( 6,107 )
Operating profit(or loss): 341 (471)
Interest payable and similar charges: ( 332 ) ( 378 )
Profit(or loss) before tax: 9 (849)
Profit(or loss) for the financial year: 9 (849)

LATEST GROUP CIC

Balance sheet

As at 31 January 2025

Notes 2025 2024


£

£
Fixed assets
Tangible assets: 3 0 502
Total fixed assets: 0 502
Current assets
Debtors: 4 4,717 0
Cash at bank and in hand: 2,659 14,921
Total current assets: 7,376 14,921
Creditors: amounts falling due within one year: 5 0 ( 6,000 )
Net current assets (liabilities): 7,376 8,921
Total assets less current liabilities: 7,376 9,423
Creditors: amounts falling due after more than one year: 6 ( 11,836 ) ( 13,892 )
Total net assets (liabilities): (4,460) (4,469)
Members' funds
Profit and loss account: (4,460) ( 4,469)
Total members' funds: ( 4,460) (4,469)

The notes form part of these financial statements

LATEST GROUP CIC

Balance sheet statements

For the year ending 31 January 2025 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 13 June 2025
and signed on behalf of the board by:

Name: Ms CM Smith
Status: Director

The notes form part of these financial statements

LATEST GROUP CIC

Notes to the Financial Statements

for the Period Ended 31 January 2025

  • 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

    Computer equipment has been stated at cost (£1,999) and depreciated over four years.

LATEST GROUP CIC

Notes to the Financial Statements

for the Period Ended 31 January 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 0 0

LATEST GROUP CIC

Notes to the Financial Statements

for the Period Ended 31 January 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 February 2024 1,999 1,999
Additions
Disposals
Revaluations
Transfers
At 31 January 2025 1,999 1,999
Depreciation
At 1 February 2024 1,497 1,497
Charge for year 502 502
On disposals
Other adjustments
At 31 January 2025 1,999 1,999
Net book value
At 31 January 2025 0 0
At 31 January 2024 502 502

LATEST GROUP CIC

Notes to the Financial Statements

for the Period Ended 31 January 2025

4. Debtors

2025 2024
£ £
Trade debtors 4,717 0
Total 4,717 0

LATEST GROUP CIC

Notes to the Financial Statements

for the Period Ended 31 January 2025

5. Creditors: amounts falling due within one year note

2025 2024
£ £
Accruals and deferred income 0 6,000
Total 0 6,000

LATEST GROUP CIC

Notes to the Financial Statements

for the Period Ended 31 January 2025

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

2025 2024
£ £
Bank loans and overdrafts 11,836 13,892
Total 11,836 13,892

Gov. guaranteed "bounce back" loan, repayable in instalments from June 2021

COMMUNITY INTEREST ANNUAL REPORT

LATEST GROUP CIC

Company Number: 09973625 (England and Wales)

Year Ending: 31 January 2025

Company activities and impact

In the past year we have devoted a lot of focus to our skills transfer programmes helping unemployed adults into work and supporting grassroots community groups to become more resilient. We have run skills transfer programmes in Streaming and Content Production, in partnership with the Job Centres in Brighton, Newhaven, Lewes, Hastings, Bexhill and Eastbourne, skills transfer programmes for the unemployed, mentoring them in content creation, filming, editing, post-production. They create short films which are then broadcast on terrestrial television and streamed on many platforms. On successful completion of the course, they are awarded a diploma accredited by Latest TV. We have mentored over 70 unemployed adults on the programme with many of them now in employment which we helped them to find. We have worked extensively with community groups across Sussex, particularly neighbourhood groups set up to combat loneliness and isolation, filming over 50 groups showing their activities and the impact they have had on their communities. We have a series of 14 programmes’, showing this work, which have been widely used to increase fundraising, recruit volunteers and show senior community leaders what really happens on the ground. The series has been widely praised by all and is now available to all groups to use to help their own communications. We are now supporting several community groups to use modern communication methods – streaming, social media, websites, to support their strategies and making them more resilient. We continue to work with The Regeneration Team at Lewes Council to create positive features to counter the neglect and bad reputation, restoring a sense of civic pride and duty. We have run many cultural events that are inclusive and diverse giving opportunity to groups that do not have a platform and usually denied access to the world of television and modern digital skills. We ran Ukraine Music and Film Festivals, giving welcome and opportunities to Ukrainian refugees. We were commissioned by Brighton and Hove City Council to help the refugees create their own CIC and support them to stage events. We continue to mentor selected refugees. We have created opportunity to spread the Film Festival across the UK including screenings in Shoreham, Lewes and Cardiff. We ran the ‘What A Nice World’ 24 Festival, a series of annual musical events with ‘tolerance’ and togetherness as their theme. We staged Gas, the uplifting opera about genocides, set in Auschwitz, Syria, Ukraine, to great critical acclaim We have created films on this as well as a documentary on the mostly untold life of Arnold Daghani, a very important and unique Holocaust chronicler, with a powerful story told through his art, who survived the concentration camp and died later in Brighton. Film Pride again ran successfully in association with Brighton Pride, attracting many audience members and watched by thousands on television and in person, and we facilitated many LGBTQ+ events. We ran festivals for the black and ethnic minority communities. We again ran the Holocaust Memorial Day commemoration for Brighton and Hove Council. Latest’s own music composed by Bill Smith and Angi Mariani was used at The Northern Ireland commemorations at Stormont, the seat of Northern Ireland’s Government. We focus our activities on our nearest communities to the CIC which are: East Brighton - These communities are largely young and deprived, often in poverty and often poor education Kemptown This is primarily the LGBTQ+ area of Brighton and known as The Gay Village Brighton and Hove Deprived areas across Sussex Supporting unemployed adults across Sussex.

Consultation with stakeholders

We have constant discussion and consultations with the diverse communities. Our senior management team are very diverse, and include from the black community, the Jewish Community, Ukrainian refugees, the LGBTQIA+ community. All consulted extensively with their communities on the activities to be undertaken, They are central to running these events and lessons are learnt and applied constantly. All projects are formally evaluated including feedback for all stakeholders. All evaluations have been accepted by the relevant funders. We consult regularly with the Job Centres and have attended many face-to-face meetings with claimants to hear their views. We ask all participants at the end of every programme and take note and act upon any recommendations. Our main stakeholders are: Brighton and Hove communities Brighton’s LGBTQ+ community Brighton’s BAME community BHCC Lewes District Council Brighton’s city leaders Job Centres across Sussex Sussex Community Development Association All grassroots organisations in the city with whom projects have been devised All our funders – Arts Council, BFI, Rainbow Fund, BHCC, UK Shared Prosperity Fund, Aviva, Tesco Other small funders.

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
13 June 2025

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