XL CENTRE CIC

Company limited by guarantee

Company Registration Number:
13758308 (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

XL CENTRE CIC

Contents of the Financial Statements

for the Period Ended 30 November 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

XL CENTRE CIC

Balance sheet

As at 30 November 2024

Notes 2024 2023


£

£
Current assets
Cash at bank and in hand: 112 126
Total current assets: 112 126
Creditors: amounts falling due within one year: 3 ( 1,437 ) ( 1,643 )
Net current assets (liabilities): (1,325) (1,517)
Total assets less current liabilities: (1,325) ( 1,517)
Total net assets (liabilities): (1,325) (1,517)
Members' funds
Profit and loss account: (1,325) ( 1,517)
Total members' funds: ( 1,325) (1,517)

The notes form part of these financial statements

XL CENTRE CIC

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.

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 July 2025
and signed on behalf of the board by:

Name: Alison Elizabeth Carter
Status: Director

The notes form part of these financial statements

XL CENTRE CIC

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

    Other accounting policies

    The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the directors who have undertaken to provide such support for the foreseeable future. If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.

XL CENTRE CIC

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

XL CENTRE CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

3. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 684
Accruals and deferred income 479 479
Other creditors 958 480
Total 1,437 1,643

COMMUNITY INTEREST ANNUAL REPORT

XL CENTRE CIC

Company Number: 13758308 (England and Wales)

Year Ending: 30 November 2024

Company activities and impact

XL Centre CIC is a social enterprise with the following aims and objectives. Providing benefit to Young people and adults in areas of socio economic disadvantage and deprivation located in Wales and England requiring vocational training physical activities work experience and employment opportunities particularly in the mediums of dance and sport. XL Centre activities will also provide benefits through offering vocational citizenship and life skills education so as to improve the physical and mental wellbeing of individuals from diverse cultures backgrounds and heritage. Our operation has primarily focused on research and development to assist with our fund raising strategy and working on our future service offer for generating new revenue streams for sustainability. We have been consulting with the creative sector to identify the gaps where our services can be of value. Community benefits derived from this activity have been an increase in volunteering signposting to training via new local opportunities work experience and apprenticeship openings being offered through our network. We are now concentrating on developing our skills building programmes and supporting young adults via mentoring and coaching, as they transition from full time education to the labor market. We have not received any public funding in this financial year.

Consultation with stakeholders

Stakeholders include the Denbighshire local authority commissioning team, public health services, local voluntary sector services council, and funder organisations who align with our aims and objectives. We have held exploration meetings with some of these stakeholders to inform of developments with new project ideas and services we are considering to offer the local community. This has helped form a view as to where investment is most likely to be spent, and to establish what aspects of our business fits with future planning across the county.

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
16 July 2025

And signed on behalf of the board by:
Name: Alison Elizabeth Carter
Status: Director