KINGSMERE COMMUNITY CENTRE C.I.C.

Company limited by guarantee

Company Registration Number:
11600434 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 1 November 2023

End date: 31 October 2024

KINGSMERE COMMUNITY CENTRE C.I.C.

Contents of the Financial Statements

for the Period Ended 31 October 2024

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

KINGSMERE COMMUNITY CENTRE C.I.C.

Profit And Loss Account

for the Period Ended 31 October 2024

2024 2023


£

£
Turnover: 94,154 84,165
Cost of sales: ( 11,151 ) ( 11,575 )
Gross profit(or loss): 83,003 72,590
Administrative expenses: ( 50,248 ) ( 39,349 )
Operating profit(or loss): 32,755 33,241
Profit(or loss) before tax: 32,755 33,241
Tax: ( 5,192 ) ( 5,283 )
Profit(or loss) for the financial year: 27,563 27,958

KINGSMERE COMMUNITY CENTRE C.I.C.

Balance sheet

As at 31 October 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 3,594 5,031
Total fixed assets: 3,594 5,031
Current assets
Debtors: 4 7,009 3,345
Cash at bank and in hand: 87,275 70,752
Total current assets: 94,284 74,097
Creditors: amounts falling due within one year: 5 ( 5,192 ) ( 5,283 )
Net current assets (liabilities): 89,092 68,814
Total assets less current liabilities: 92,686 73,845
Total net assets (liabilities): 92,686 73,845
Members' funds
Profit and loss account: 92,686 73,845
Total members' funds: 92,686 73,845

The notes form part of these financial statements

KINGSMERE COMMUNITY CENTRE C.I.C.

Balance sheet statements

For the year ending 31 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 31 July 2025
and signed on behalf of the board by:

Name: Mark Leech
Status: Director

The notes form part of these financial statements

KINGSMERE COMMUNITY CENTRE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 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

KINGSMERE COMMUNITY CENTRE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 3 3

KINGSMERE COMMUNITY CENTRE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 November 2023 6,094 1,714 7,808
Additions
Disposals
Revaluations
Transfers
At 31 October 2024 6,094 1,714 7,808
Depreciation
At 1 November 2023 2,161 616 2,777
Charge for year 1,218 219 1,437
On disposals
Other adjustments
At 31 October 2024 3,379 835 4,214
Net book value
At 31 October 2024 2,715 879 3,594
At 31 October 2023 3,933 1,098 5,031

KINGSMERE COMMUNITY CENTRE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 2024

4. Debtors

2024 2023
£ £
Trade debtors 7,009 3,345
Total 7,009 3,345

KINGSMERE COMMUNITY CENTRE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 5,192 5,283
Total 5,192 5,283

COMMUNITY INTEREST ANNUAL REPORT

KINGSMERE COMMUNITY CENTRE C.I.C.

Company Number: 11600434 (England and Wales)

Year Ending: 31 October 2024

Company activities and impact

Activities: Kingsmere Community Centre C.I.C. operates a multi-purpose community facility in Bicester, providing accessible space and services for local residents, community groups, and voluntary organisations. Activities include hosting classes, workshops, social events, youth programmes, and support services. The centre also facilitates activities that promote wellbeing, learning, and social inclusion, including fitness sessions, cultural events, and educational programmes. Impact: The centre plays a key role in strengthening community cohesion by bringing together people of all ages, backgrounds, and abilities. It provides affordable venue hire for local initiatives, supports the delivery of charitable and social programmes, and offers opportunities for volunteering and skills development. By fostering social connections and delivering activities that improve mental and physical wellbeing, the centre contributes positively to the quality of life in the Kingsmere and wider Bicester area.

Consultation with stakeholders

No consultation with stakeholders

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
31 July 2025

And signed on behalf of the board by:
Name: Mark Leech
Status: Director