BIG PENNY COMMUNITY CIC

Company limited by guarantee

Company Registration Number:
15397589 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2025

Period of accounts

Start date: 8 January 2024

End date: 31 January 2025

BIG PENNY COMMUNITY 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

BIG PENNY COMMUNITY CIC

Profit And Loss Account

for the Period Ended 31 January 2025

13 months to 31 January 2025


£
Turnover: 16
Gross profit(or loss): 16
Administrative expenses: ( 1,273 )
Other operating income: 988
Operating profit(or loss): (269)
Profit(or loss) before tax: (269)
Profit(or loss) for the financial year: (269)

BIG PENNY COMMUNITY CIC

Balance sheet

As at 31 January 2025

Notes 13 months to 31 January 2025


£
Creditors: amounts falling due within one year: 3 ( 269 )
Net current assets (liabilities): (269)
Total assets less current liabilities: (269)
Total net assets (liabilities): (269)
Members' funds
Profit and loss account: (269)
Total members' funds: ( 269)

The notes form part of these financial statements

BIG PENNY COMMUNITY 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 23 December 2025
and signed on behalf of the board by:

Name: Mr M C Hemus
Status: Director

The notes form part of these financial statements

BIG PENNY COMMUNITY 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 Section 1A (Small Entities) of Financial Reporting Standard 102

    Other accounting policies

    Statutory information The company is a private company limited by guarantee and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page. Statement of compliance The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities. Revenue from sale of goods Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably. Foreign currency translation Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

BIG PENNY COMMUNITY CIC

Notes to the Financial Statements

for the Period Ended 31 January 2025

  • 2. Employees

    13 months to 31 January 2025
    Average number of employees during the period 1

BIG PENNY COMMUNITY CIC

Notes to the Financial Statements

for the Period Ended 31 January 2025

3. Creditors: amounts falling due within one year note

13 months to 31 January 2025
£
Accruals and deferred income 269
Total 269

COMMUNITY INTEREST ANNUAL REPORT

BIG PENNY COMMUNITY CIC

Company Number: 15397589 (England and Wales)

Year Ending: 31 January 2025

Company activities and impact

Big Penny Community CIC’s main impact was to make high quality, inspiring hospitality space available to the local community at a low or no cost. We did this for a range of different organisations and causes such as music workshops, community meetings, skills-sharing events and food co-operatives. As well as offering space, we offer the skills and time of some of are staff as well. We focus on our local Higham Hill ward but our work extends we’ll beyond local ward boundaries.

Consultation with stakeholders

No consultation with stakeholders

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
23 December 2025

And signed on behalf of the board by:
Name: Mr M C Hemus
Status: Director