THE TEES MEDIA CIC

Company limited by guarantee

Company Registration Number:
13575004 (England and Wales)

Unaudited statutory accounts for the year ended 30 October 2024

Period of accounts

Start date: 2 November 2023

End date: 30 October 2024

THE TEES MEDIA CIC

Contents of the Financial Statements

for the Period Ended 30 October 2024

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

THE TEES MEDIA CIC

Directors' report period ended 30 October 2024

The directors present their report with the financial statements of the company for the period ended 30 October 2024

Principal activities of the company

The principal activity of The Tees Media CIC during the financial year was operating a community media platform for the Tees Valley region. The company’s core mission is to amplify underrepresented voices, share positive and empowering local stories, and promote civic engagement through digital storytelling. Activities included publishing community-led content online, maintaining a social media presence, engaging with local contributors, and supporting digital inclusion and community awareness campaigns.



Directors

The directors shown below have held office during the whole of the period from
2 November 2023 to 30 October 2024

Jessie Joe Jacobs
Matthew Campbell
Gillian Hatton


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
22 July 2025

And signed on behalf of the board by:
Name: Jessie Joe Jacobs
Status: Director

THE TEES MEDIA CIC

Profit And Loss Account

for the Period Ended 30 October 2024

2024 2023


£

£
Turnover: 0 0
Cost of sales: 0 0
Gross profit(or loss): 0 0
Distribution costs: 0 0
Administrative expenses: ( 7,479 ) 0
Other operating income: 0 0
Operating profit(or loss): (7,479) 0
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: (7,479) 0
Tax: 0 0
Profit(or loss) for the financial year: (7,479) 0

THE TEES MEDIA CIC

Balance sheet

As at 30 October 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 4 7,484
Investments:   0 0
Total current assets: 4 7,484
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year:   0 0
Net current assets (liabilities): 4 7,484
Total assets less current liabilities: 4 7,484
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 4 7,484
Members' funds
Profit and loss account: 4 7,484
Total members' funds: 4 7,484

The notes form part of these financial statements

THE TEES MEDIA CIC

Balance sheet statements

For the year ending 30 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 22 July 2025
and signed on behalf of the board by:

Name: Jessie Joe Jacobs
Status: Director

The notes form part of these financial statements

THE TEES MEDIA CIC

Notes to the Financial Statements

for the Period Ended 30 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

THE TEES MEDIA CIC

Notes to the Financial Statements

for the Period Ended 30 October 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

COMMUNITY INTEREST ANNUAL REPORT

THE TEES MEDIA CIC

Company Number: 13575004 (England and Wales)

Year Ending: 30 October 2024

Company activities and impact

The Tees Online CIC exists to amplify underrepresented voices across the Tees Valley, creating a digital platform for real stories, issues, and perspectives from local people and grassroots organisations. We aim to support civic empowerment, community journalism, and digital inclusion, helping communities share their experiences and influence positive change. During this financial year, we focused on preparing the groundwork for long-term sustainability while continuing our core work of engaging with local residents, community groups, and activists through digital storytelling and online publishing. We supported community outreach through events and networking, and used remaining funds to sustain the platform’s development and deliver value to the public. Though our activity was reduced due to lack of new income, we remained active in promoting local stories and building collaborative relationships.

Consultation with stakeholders

We engaged our community primarily through our Facebook platform and online content, enabling residents and local groups to share their own stories and issues. We also maintained partnerships with grassroots organisations and listened to feedback via social media and community events.

Directors' remuneration

Directors were paid a total of £6,179 in recognition of the time spent developing the platform, liaising with community stakeholders, maintaining operations, and overseeing content. This payment was funded from retained reserves from previous years. No other benefits or pensions were paid to directors.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
22 July 2025

And signed on behalf of the board by:
Name: Jessie Joe Jacobs
Status: Director