for the Period Ended 31 March 2025
| 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 March 2025
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
1 April 2024
to
31 March 2025
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
| 2025 | 7 months to 31 March 2024 | |
|---|---|---|
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£ |
£ |
| Turnover: |
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| Cost of sales: |
(
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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: |
|
( |
| Tax: |
(
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| Profit(or loss) for the financial year: |
|
( |
As at
| Notes | 2025 | 7 months to 31 March 2024 | |
|---|---|---|---|
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£ |
£ |
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| Fixed assets | |||
| Intangible assets: |
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| Tangible assets: | 3 |
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| Investments: |
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| Total fixed assets: |
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| Current assets | |||
| Debtors: | 4 |
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| Cash at bank and in hand: |
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| Total current assets: |
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| Creditors: amounts falling due within one year: | 5 |
(
|
(
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| Net current assets (liabilities): |
( |
( |
|
| Total assets less current liabilities: |
( |
( |
|
| Total net assets (liabilities): |
( |
( |
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| Members' funds | |||
| Profit and loss account: |
( |
( |
|
| 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 March 2025
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
for the Period Ended 31 March 2025
| 2025 | 7 months to 31 March 2024 | |
|---|---|---|
| Average number of employees during the period |
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for the Period Ended 31 March 2025
| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
|---|---|---|---|---|---|---|
| Cost | £ | £ | £ | £ | £ | £ |
| At 1 April 2024 |
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| Additions |
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| Disposals |
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| Revaluations |
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| Transfers |
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| At 31 March 2025 |
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| Depreciation | ||||||
| At 1 April 2024 |
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| Charge for year |
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| On disposals | ||||||
| Other adjustments | ||||||
| At 31 March 2025 |
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| Net book value | ||||||
| At 31 March 2025 |
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| At 31 March 2024 |
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for the Period Ended 31 March 2025
| 2025 | 7 months to 31 March 2024 | |
|---|---|---|
| £ | £ | |
| Trade debtors |
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| Prepayments and accrued income |
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| Total |
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| Debtors due after more than one year: |
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for the Period Ended 31 March 2025
| 2025 | 7 months to 31 March 2024 | |
|---|---|---|
| £ | £ | |
| Bank loans and overdrafts |
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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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During the financial year ending 31st March 2025, Ilkeston Life Community Newspaper CIC continued its core mission of producing a monthly printed newspaper that shares stories, events, and updates relevant to the Ilkeston and Erewash community. The newspaper features contributions from local residents, schools, charities, and community groups, promoting local voices and grassroots involvement. By providing a platform for community expression, the newspaper helps reduce social isolation, celebrate local achievements, and improve community cohesion. It is distributed across various public spaces, including libraries, shops, and community centres, ensuring accessibility for those without internet access. In addition, the CIC supported several community initiatives, including youth writing competitions, local history features, and collaborations with schools and voluntary organisations. The publication has provided opportunities for aspiring writers, journalists, and volunteers to gain experience and share their perspectives.
The stakeholders of Ilkeston Life Community Newspaper CIC include local residents, contributors, community groups, schools, advertisers, and volunteers. Regular informal consultations are carried out through community feedback, letters to the editor, social media interaction, and conversations at local events. Feedback is gathered through comments, story suggestions, and reader input both online and in person. Contributors and local groups are also invited to share their views on the paper’s content and direction. In response to feedback, the newspaper has increased coverage of local events, expanded its "People’s Voice" section for community opinions, and introduced more space for youth and school contributions. We continue to use community input to guide content planning and ensure the paper reflects the interests and concerns of Ilkeston residents.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
30 June 2025
And signed on behalf of the board by:
Name: Paul Nwachukwu Opiah
Status: Director