SHUDAN COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
09408846 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2025

Period of accounts

Start date: 1 February 2024

End date: 31 January 2025

SHUDAN COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 January 2025

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

SHUDAN COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 January 2025

Notes 2025 2024


£

£
Fixed assets
Tangible assets: 3 2,131 2,575
Total fixed assets: 2,131 2,575
Current assets
Cash at bank and in hand: 51,728 41,502
Total current assets: 51,728 41,502
Net current assets (liabilities): 51,728 41,502
Total assets less current liabilities: 53,859 44,077
Creditors: amounts falling due after more than one year: 4 ( 144 ) ( 41 )
Accruals and deferred income: ( 50,785 ) ( 40,597 )
Total net assets (liabilities): 2,930 3,439
Members' funds
Profit and loss account: 2,930 3,439
Total members' funds: 2,930 3,439

The notes form part of these financial statements

SHUDAN COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 31 January 2025 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 14 May 2025
and signed on behalf of the board by:

Name: Mrs Rina Patel
Status: Director

The notes form part of these financial statements

SHUDAN COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 January 2025

  • 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 Turnover represents grants which are recognised as income on a systematic basis over the periods in which they relate to.

    Tangible fixed assets depreciation policy

    Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: Plant & machinery 25% reducing balance

    Other accounting policies

    Share capital The company is a Community Interest Company (CIC) and therefore has no shares in issue.

SHUDAN COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 January 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 2 2

SHUDAN COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 January 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 February 2024 10,235 10,235
Additions 260 260
Disposals
Revaluations
Transfers
At 31 January 2025 10,495 10,495
Depreciation
At 1 February 2024 7,660 7,660
Charge for year 704 704
On disposals
Other adjustments
At 31 January 2025 8,364 8,364
Net book value
At 31 January 2025 2,131 2,131
At 31 January 2024 2,575 2,575

SHUDAN COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 January 2025

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

2025 2024
£ £
Other creditors 144 41
Total 144 41

COMMUNITY INTEREST ANNUAL REPORT

SHUDAN COMMUNITY INTEREST COMPANY

Company Number: 09408846 (England and Wales)

Year Ending: 31 January 2025

Company activities and impact

During this financial year, Shudan Community Interest Company (CIC) continued to strengthen its role as a trusted provider of community-based skills training, wellbeing initiatives, and supported learning opportunities. Our activities focused on improving the wellbeing, confidence, and resilience of children, young people, and families living in disadvantaged areas. We successfully delivered the Fit and Fed project throughout every school holiday. This project addresses holiday hunger, social isolation, and inactivity by providing access to positive activities such as sports, creative arts, and team-building sessions. Through these activities, young people have developed social and physical skills, built new friendships, and improved their overall wellbeing. In addition, we expanded opportunities for youth development through the Youth Leaders Award, enabling regular participants from the Fit and Fed programme to gain leadership experience, build confidence, and contribute as volunteers within their community. Beyond our core youth programmes, Shudan has also taken steps to address emerging community needs related to the cost of living, fuel poverty, and financial wellbeing by working collaboratively with local partners to explore and pilot new initiatives aimed at supporting families under financial pressure. Overall, our activities this year have made a measurable impact by fostering inclusion, supporting vulnerable groups, and equipping young people with the skills and confidence to make positive life choices.

Consultation with stakeholders

The company’s primary stakeholders are residents of Wellingborough and the surrounding areas (Northamptonshire), particularly those living in disadvantaged communities who have limited access to affordable sports, wellbeing, and skills development opportunities. Other key stakeholders include parents and carers, local schools, partner organisations, and community volunteers who contribute to the planning and delivery of our projects. Shudan CIC regularly engages with stakeholders through informal consultations, community events, and direct feedback from participants and parents involved in the Fit and Fed project and other community-based programmes. Feedback is collected through conversations, surveys, and post-activity evaluations to understand local needs and improve the relevance and quality of our provision. In response to stakeholder feedback, we have broadened our activities beyond sports to include creative arts and personal development workshops, helping young people to develop confidence, communication skills, and leadership qualities. We have also strengthened partnerships with other local CICs and organisations such as Groundworks, LemonPop Academy, and the Hemmingwell Residents Association to enhance delivery and share resources. Through this ongoing engagement, Shudan CIC ensures that our projects remain community-led, inclusive, and responsive to the evolving needs of local residents.

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
14 May 2025

And signed on behalf of the board by:
Name: Mrs Rina Patel
Status: Director