for the Period Ended 31 October 2025
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
As at
| Notes | 18 months to 31 October 2025 | 2024 | |
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| Creditors: amounts falling due within one year: | 3 |
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The notes form part of these financial statements
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
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 October 2025
Basis of measurement and preparation
for the Period Ended 31 October 2025
| 18 months to 31 October 2025 | 2024 | |
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| Average number of employees during the period |
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for the Period Ended 31 October 2025
| 18 months to 31 October 2025 | 2024 | |
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| £ | £ | |
| Other creditors |
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During the period the company did not undertake any new frontline project work and was effectively in the process of winding down. Fighting Chance NGO CIC was originally set up to act as the social impact arm for our martial arts–based community work, but that role is now fulfilled by BMABA CIC (company no. 10676965), which has the same or very similar stated aims. In this period our main activity was administrative, together with a small number of legacy grants. We provided a number of modest monetary grants to clubs and community projects to support inclusive martial arts activity, the start-up of non-profit initiatives and other charitable aims consistent with our objects. We also closed the business bank account and arranged for the small remaining balance to be transferred to BMABA CIC so that it could continue to be used in furtherance of the original social purpose rather than being lost on fees or left idle.
The decision to wind up the CIC and transfer the remaining funds to BMABA CIC was discussed and agreed between the director(s) and those responsible for the wider BMABA group’s social impact work. The consensus was that running two CICs with overlapping objects risked duplicating governance and diluting impact, and that consolidating into BMABA CIC would better serve the community in the long term.
No remuneration was received
Yes. On winding down, the remaining cash balance in the CIC’s bank account (approximately £4.69) was transferred to BMABA CIC (company no. 10676965). BMABA CIC is a community interest company with the same or very similar social objects, and the transfer was made so that the small residual balance could continue to be used in furtherance of the original community benefit rather than being absorbed in ongoing admin costs.
This report was approved by the board of directors on
10 November 2025
And signed on behalf of the board by:
Name: Giovanni Soffietto
Status: Director