EMPIRE & CROWLAND ALLSTARS CIC

Company limited by guarantee

Company Registration Number:
12050786 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2024

Period of accounts

Start date: 1 September 2023

End date: 31 August 2024

EMPIRE & CROWLAND ALLSTARS CIC

Contents of the Financial Statements

for the Period Ended 31 August 2024

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

EMPIRE & CROWLAND ALLSTARS CIC

Directors' report period ended 31 August 2024

The directors present their report with the financial statements of the company for the period ended 31 August 2024

Directors

The directors shown below have held office during the whole of the period from
1 September 2023 to 31 August 2024

Nikita Capes
Ashton Capes


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
30 August 2025

And signed on behalf of the board by:
Name: Nikita Capes
Status: Director

EMPIRE & CROWLAND ALLSTARS CIC

Profit And Loss Account

for the Period Ended 31 August 2024

2024 2023


£

£
Turnover: 190,982 97,490
Cost of sales: ( 90,491 ) ( 39,232 )
Gross profit(or loss): 100,491 58,258
Administrative expenses: ( 94,930 ) ( 55,015 )
Operating profit(or loss): 5,561 3,243
Profit(or loss) before tax: 5,561 3,243
Tax: ( 1,196 ) ( 362 )
Profit(or loss) for the financial year: 4,365 2,881

EMPIRE & CROWLAND ALLSTARS CIC

Balance sheet

As at 31 August 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 2,206 2,941
Total fixed assets: 2,206 2,941
Current assets
Cash at bank and in hand: 9,464 3,530
Total current assets: 9,464 3,530
Creditors: amounts falling due within one year: 4 ( 1,196 ) ( 362 )
Net current assets (liabilities): 8,268 3,168
Total assets less current liabilities: 10,474 6,109
Total net assets (liabilities): 10,474 6,109
Members' funds
Profit and loss account: 10,474 6,109
Total members' funds: 10,474 6,109

The notes form part of these financial statements

EMPIRE & CROWLAND ALLSTARS CIC

Balance sheet statements

For the year ending 31 August 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 30 August 2025
and signed on behalf of the board by:

Name: Nikita Capes
Status: Director

The notes form part of these financial statements

EMPIRE & CROWLAND ALLSTARS CIC

Notes to the Financial Statements

for the Period Ended 31 August 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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases Plant and Machinery 25 reducing balance

    Other accounting policies

    Income tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable surplus for the year. Taxable surplus differs from surplus as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable surplus. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable surplus will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable surplus will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities. Current or deferred tax for the year is recognised in surplus or deficit, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively. Average number of employees, including directors, during the year was: 2 (2023: 2)

EMPIRE & CROWLAND ALLSTARS CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 2 2

EMPIRE & CROWLAND ALLSTARS CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 September 2023 6,972 6,972
Additions
Disposals
Revaluations
Transfers
At 31 August 2024 6,972 6,972
Depreciation
At 1 September 2023 4,031 4,031
Charge for year 735 735
On disposals
Other adjustments
At 31 August 2024 4,766 4,766
Net book value
At 31 August 2024 2,206 2,206
At 31 August 2023 2,941 2,941

EMPIRE & CROWLAND ALLSTARS CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 1,196 362
Total 1,196 362

COMMUNITY INTEREST ANNUAL REPORT

EMPIRE & CROWLAND ALLSTARS CIC

Company Number: 12050786 (England and Wales)

Year Ending: 31 August 2024

Company activities and impact

Empire and Crowland Allstars CIC delivers local cheerleading and dance classes to approximately 200 young people from Crowland Spalding and the surrounding areas of Lincolnshire. Open to individuals aged 3 and above, our sessions promote both physical and mental wellbeing within a fun, inclusive, and supportive environment. Our qualified coaches each bringing a wealth of professional experience and knowledge help inspire our athletes, encouraging personal growth and future aspirations. This year, our expansion into Spalding has enabled us to reach even more young people from a wide range of socio economic backgrounds, supporting community engagement and increasing access to sports and physical activity. Empire and Crowland Allstars CIC offers both recreational and competitive opportunities across various styles of cheer and dance. Our athletes regularly compete at local and national events, developing their skills and gaining valuable experience. Notably, one of our Under 10 teams secured a bid to compete internationally in Florida in April 2025 an exciting milestone that will offer our athletes the chance to participate on a global stage and broaden their horizons beyond the local community.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

The Directors Coaching costs included remuneration and reimbursed expenses amounted to £27,962 in the year which was fair payment for the workload done for the company.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
30 August 2025

And signed on behalf of the board by:
Name: Nikita Capes
Status: Director