JIMMY ASHER FOUNDATION CIC

Company limited by guarantee

Company Registration Number:
08346287 (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

JIMMY ASHER FOUNDATION CIC

Contents of the Financial Statements

for the Period Ended 31 January 2025

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

JIMMY ASHER FOUNDATION CIC

Profit And Loss Account

for the Period Ended 31 January 2025

2025 2024


£

£
Turnover: 132,419 159,589
Cost of sales: ( 41,777 ) ( 151,698 )
Gross profit(or loss): 90,642 7,891
Administrative expenses: ( 426 ) ( 453 )
Operating profit(or loss): 90,216 7,438
Profit(or loss) before tax: 90,216 7,438
Profit(or loss) for the financial year: 90,216 7,438

JIMMY ASHER FOUNDATION CIC

Balance sheet

As at 31 January 2025

Notes 2025 2024


£

£
Fixed assets
Tangible assets: 3 16 22
Total fixed assets: 16 22
Current assets
Debtors: 4 108,000 108,000
Cash at bank and in hand: 96,334 7,189
Total current assets: 204,334 115,189
Creditors: amounts falling due within one year: 5 ( 114,889 ) ( 115,966 )
Net current assets (liabilities): 89,445 (777)
Total assets less current liabilities: 89,461 ( 755)
Creditors: amounts falling due after more than one year: 6 ( 5,432 ) ( 5,432 )
Total net assets (liabilities): 84,029 (6,187)
Members' funds
Profit and loss account: 84,029 ( 6,187)
Total members' funds: 84,029 (6,187)

The notes form part of these financial statements

JIMMY ASHER FOUNDATION CIC

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.

This report was approved by the board of directors on 20 October 2025
and signed on behalf of the board by:

Name: L MAYE
Status: Director

The notes form part of these financial statements

JIMMY ASHER FOUNDATION CIC

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 Financial Reporting Standard 101

JIMMY ASHER FOUNDATION CIC

Notes to the Financial Statements

for the Period Ended 31 January 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 1 1

JIMMY ASHER FOUNDATION CIC

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 500 500
Additions
Disposals
Revaluations
Transfers
At 31 January 2025 500 500
Depreciation
At 1 February 2024 478 478
Charge for year 6 6
On disposals
Other adjustments
At 31 January 2025 484 484
Net book value
At 31 January 2025 16 16
At 31 January 2024 22 22

JIMMY ASHER FOUNDATION CIC

Notes to the Financial Statements

for the Period Ended 31 January 2025

4. Debtors

2025 2024
£ £
Other debtors 108,000 108,000
Total 108,000 108,000

JIMMY ASHER FOUNDATION CIC

Notes to the Financial Statements

for the Period Ended 31 January 2025

5. Creditors: amounts falling due within one year note

2025 2024
£ £
Other creditors 114,889 115,966
Total 114,889 115,966

JIMMY ASHER FOUNDATION CIC

Notes to the Financial Statements

for the Period Ended 31 January 2025

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

2025 2024
£ £
Bank loans and overdrafts 5,432 5,432
Total 5,432 5,432

COMMUNITY INTEREST ANNUAL REPORT

JIMMY ASHER FOUNDATION CIC

Company Number: 08346287 (England and Wales)

Year Ending: 31 January 2025

Company activities and impact

Jimmy Asher Foundation's (JAF) mission is to offer a “helping hand for young people". We offer support to young people who wish to make positive life changing decisions that have a positive impact in their community and lives. Our focus is on deprived young people in the local community. Our workshops include drama & performance, music production and healthy cooking workshops as well as sports related events such as football, basketball and boxing. These activities benefit young people by inspiring and empowering them. It helps to bring the community together.

Consultation with stakeholders

Our stakeholders include various funders and local government. The stakeholder requirements are that reports / evaluations are submitted after the project has been completed. They have been satisfied with project delive1y.

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
20 October 2025

And signed on behalf of the board by:
Name: JOSEPH MAYE
Status: Director