SCONDY'S CIC

Company limited by guarantee

Company Registration Number:
14851613 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 8 May 2023

End date: 31 May 2024

SCONDY'S CIC

Contents of the Financial Statements

for the Period Ended 31 May 2024

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

SCONDY'S CIC

Profit And Loss Account

for the Period Ended 31 May 2024

13 months to 31 May 2024


£
Turnover: 0
Cost of sales: 0
Gross profit(or loss): 0
Distribution costs: 0
Administrative expenses: ( 850 )
Other operating income: 0
Operating profit(or loss): (850)
Interest receivable and similar income: 0
Interest payable and similar charges: 0
Profit(or loss) before tax: (850)
Tax: 0
Profit(or loss) for the financial year: (850)

SCONDY'S CIC

Balance sheet

As at 31 May 2024

Notes 13 months to 31 May 2024


£
Fixed assets
Intangible assets:   0
Tangible assets:   0
Investments:   0
Total fixed assets: 0
Current assets
Stocks:   0
Debtors:   0
Cash at bank and in hand: 25
Investments:   0
Total current assets: 25
Prepayments and accrued income: 0
Creditors: amounts falling due within one year:   0
Net current assets (liabilities): 25
Total assets less current liabilities: 25
Creditors: amounts falling due after more than one year: 3 ( 875 )
Provision for liabilities: 0
Accruals and deferred income: 0
Total net assets (liabilities): (850)
Members' funds
Profit and loss account: (850)
Total members' funds: ( 850)

The notes form part of these financial statements

SCONDY'S CIC

Balance sheet statements

For the year ending 31 May 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 8 August 2025
and signed on behalf of the board by:

Name: Alex Sodimu
Status: Director

The notes form part of these financial statements

SCONDY'S CIC

Notes to the Financial Statements

for the Period Ended 31 May 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

SCONDY'S CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees

    13 months to 31 May 2024
    Average number of employees during the period 0

    The company had no employees during the reporting period. All work was carried out voluntarily by the director and external collaborators.

SCONDY'S CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

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

13 months to 31 May 2024
£
Bank loans and overdrafts 0
Amounts due under finance leases and hire purchase contracts 0
Other creditors 875
Total 875

The amount shown under 'Other creditors' represents funds personally loaned to the company by the director to support initial startup and operational costs. This is expected to be repaid in future when the company generates income

COMMUNITY INTEREST ANNUAL REPORT

SCONDY'S CIC

Company Number: 14851613 (England and Wales)

Year Ending: 31 May 2024

Company activities and impact

Scondy's CIC was incorporated to provide community benefit through food-based social initiatives, particularly by engaging young people in work experience, skill-building, and entrepreneurial activities. During this financial period, the company did not commence trading but undertook initial setup activities including equipment purchasing and preparation for launch. The company began delivering introductory workshops and engagement events aimed at young people and community members. These sessions were designed to introduce the vision of the CIC, raise awareness of upcoming programmes, and build connections with potential service users and partner organisations. Although no income was generated during this period, the activities were funded through personal contributions and small-scale expenditure to get the project off the ground.

Consultation with stakeholders

Stakeholder consultation has taken place with members of the community, including young people, parents, and local organisations such as youth centres and schools. These conversations took place informally during outreach events and early engagement workshops, where we introduced our concept and approach. We received positive feedback, which helped shape the delivery of our pilot sessions and confirmed the need for the service in the area.

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
8 August 2025

And signed on behalf of the board by:
Name: Alex Sodimu
Status: Director