for the Period Ended 31 December 2024
| Directors report | |
| Profit and loss | |
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 December 2024
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
1 January 2024
to
31 December 2024
The director shown below has held office during the period of
1 January 2024
to
18 October 2024
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
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
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£ |
£ |
| Turnover: |
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| Cost of sales: |
(
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(
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| Gross profit(or loss): |
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| Distribution costs: |
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| Administrative expenses: |
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(
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| Other operating income: |
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| Operating profit(or loss): |
( |
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| Interest receivable and similar income: |
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| Interest payable and similar charges: |
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| Profit(or loss) before tax: |
( |
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| Tax: |
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| Profit(or loss) for the financial year: |
( |
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As at
| Notes | 2024 | 2023 | |
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| Fixed assets | |||
| Intangible assets: |
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| Tangible assets: |
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| Investments: |
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| Total fixed assets: |
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| Current assets | |||
| Stocks: |
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| Debtors: |
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| Cash at bank and in hand: |
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| Total current assets: |
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| Prepayments and accrued income: |
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| Creditors: amounts falling due within one year: | 3 |
(
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(
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| Net current assets (liabilities): |
( |
( |
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| Total assets less current liabilities: |
( |
( |
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| Creditors: amounts falling due after more than one year: |
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| Provision for liabilities: |
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| Accruals and deferred income: |
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| Total net assets (liabilities): |
( |
( |
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| Members' funds | |||
| Profit and loss account: |
( |
( |
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| Total members' funds: |
( |
( |
The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 December 2024
Basis of measurement and preparation
Turnover policy
for the Period Ended 31 December 2024
| 2024 | 2023 | |
|---|---|---|
| Average number of employees during the period |
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for the Period Ended 31 December 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Bank loans and overdrafts |
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| Amounts due under finance leases and hire purchase contracts |
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| Trade creditors |
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| Taxation and social security |
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| Accruals and deferred income |
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| Other creditors |
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| Total |
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The CIC has run community events for the village of Hathern in Leicestershire. Its purpose is to bring the community of the parish of Hathern together and to host and supply infrastructure and volunteers for events to run. The primary event is Hathern’s Big Week which involves multiple events, Proms in the park, Praise in the park, It’s a knockout, The Hathern big quiz and many smaller events. There has historically been a second large scale event which ran in the summer, focused on local musicians ran in August but unfortunately this was not able to be held in 2024 due to a loss of venue. The final event of the year was Hathern community bonfire and fireworks run in November. Unfortunately due to a change in circumstances with regards to the field where the Fireworks have historically been held, there will be no Fireworks held in 2025. The events not only provide a platform to bring the community together it is also a platform for other community groups from the village of Hathern to run stalls and generate their own additional revenue and engage with the community, All of the events are supported by the local community groups including Hathern community Library, Hathern Church, Hathern youth club, Hathern WI, Hathern history society and several other smaller not for profit groups. All of which gain directly from the event by running stalls not via a grant or donation. Material and stalls are provided at no cost to support the groups. The aim is to distribute any surplus profit once equipment is maintained, and a sensible cash reserve is held. This will be completed by grant application with the aim of supporting any local needs that meet the committee’s approval. (target cash reserve is £10k before we distribute surplus). In FY24 this reserve was not met so no monies were distributed due to no summer or fireworks events being held.
The stakeholders are the residents of the parish of Hathern, this includes all individuals and all not for profit groups operating in the parish. They are consulted via an AGM and several working groups that meet regularly to look at the event program and to discuss and agree any cash grants requests or requests to attend the events at no cost. We also regularly consult with the Parish Council around the events and how they fit in with the village community.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
12 June 2025
And signed on behalf of the board by:
Name: Jonathan Smith-Moorhouse
Status: Director