REGISTERED NUMBER: 07266506 (England and Wales)

COMMUNITIES AND HOUSING

INVESTMENT CONSORTIUM LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J Stringer

D M Wells

S K Payling

C Johnson

I Davies

C Lawley

A Long

V L Speakman

S T J Porter

C M Pottage

S S Shergill

SECRETARY:

Ark Consultancy Ltd

REGISTERED OFFICE:

84 Spencer Street

Birmingham

B1 3ND

REGISTERED NUMBER:

07266506 (England and Wales)

AUDITORS:

UHY Hacker Young (Birmingham) LLP,

Statutory Auditor

9-11 Vittoria Street

Birmingham

B1 3ND

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

8,841

67,429

8,841

67,429

CURRENT ASSETS

Debtors

6

1,647,720

1,377,441

Cash at bank

1,066,174

653,089

2,713,894

2,030,530

CREDITORS

Amounts falling due within one year

7

920,234

730,595

NET CURRENT ASSETS

1,793,660

1,299,935

TOTAL ASSETS LESS CURRENT LIABILITIES

1,802,501

1,367,364

PROVISIONS FOR LIABILITIES

-

16,857

NET ASSETS

1,802,501

1,350,507

RESERVES

Income and expenditure account

1,802,501

1,350,507

1,802,501

1,350,507

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income and expenditure account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 October 2025 and were signed on its behalf by:

A Long - Director

1.	STATUTORY INFORMATION

Communities and Housing Investment Consortium Limited is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Report Standard applicable in the UK and Republic of Ireland" and Companies act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements are prepared in Sterling (£), which is the functional currency of the company. The financial statements are for the year ended 30 June 2025.

Going concern

The directors have assessed their cashflow and profit projections for a period of 12 months from the approval of these financial statements.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of two years.

Tangible fixed assets

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives.

Depreciation is provided on the following basis:

Furniture and Equipment - 5% Reducing Balance

Computer Equipment - 20% Reducing Balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income and expenditure account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Income

Income is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Income is recognised when provision of services has been confirmed. The trigger point for the provision of services is receipt of a capital spend report from a developer. This is then used to calculate the fee to be raised to the customer, which is at an agreed rate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 July 2024

and 30 June 2025

25,000

AMORTISATION

At 1 July 2024

and 30 June 2025

25,000

NET BOOK VALUE

At 30 June 2025

-

At 30 June 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 July 2024

90,826

Disposals

(75,267

)

At 30 June 2025

15,559

DEPRECIATION

At 1 July 2024

23,397

Charge for year

5,713

Eliminated on disposal

(22,392

)

At 30 June 2025

6,718

NET BOOK VALUE

At 30 June 2025

8,841

At 30 June 2024

67,429

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

820,062

837,289

Other debtors

827,658

540,152

1,647,720

1,377,441

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

530,585

429,094

Taxation and social security

198,929

161,999

Other creditors

190,720

139,502

920,234

730,595

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Jack Wilkinson (Senior Statutory Auditor)

for and on behalf of UHY Hacker Young (Birmingham) LLP,

9.	RELATED PARTY TRANSACTIONS

The company is owned by its members, representatives of which comprise a Board of Directors. There is also a significant influence from its principal creditor Ark Consultancy Limited.

During the year the company made payments to Ark Consultancy Limited totalling £4,371,827 (2024: £3,602,908). At 30 June 2025 there was a balance outstanding of £542,697 (2024: £407,704).

During the year the company received income from Ark Consultancy Limited via recharges totalling £62,237 (2024: £40,646). At 30 June 2025 there was a balance outstanding of £5,079 (2024: £7,081).

During the year the company paid Director Remuneration of £20,800 (2024: £36.667).

CHIP (Communities and Housing Investing in People), a charity connected to CHIC as a result of common trustees Sarah Payling and Jayne Stringer, received donations totalling £170,779 (2024: £160,681).

During the year the company made payments to CHIP for sponsorship totalling £4,390 (2024: £3,200). At 30 June 2025 there was a balance outstanding of £Nil (2024: £1,000)

During the year the company received income from CHIP via recharges totalling £140 (2024: £1,803) At 30 June 2025 there was a balance outstanding of £514 (2024: £117).

Ocean Media (Topco) Limited is connected to CHIC as a result of a common Director. During the year the company purchased services from Ocean Media (Topco) Limited totalling £116,362 (2024: £57,981). At 30 June 2025 there was a balance outstanding of £150 (2024: £19,469).Transactions were conducted on an arms length basis.

Amanda Long Consulting Limited is connected to CHIC as a result of a common Director. During the year the company purchased services from Amanda Long Consulting Limited totalling £25,881(2024: £Nil).Transactions were conducted on an arms length basis.

10.	MEMBERS LIABILITY

The company is limited by guarantee, not having a share capital and consequently the liability of members is limited, subject to an undertaking by each member to contribute to the net assets and liabilities of the company on winding up such amounts as may be required not exceeding £1.