LAMBETH'S 4NS C.I.C.

Company limited by guarantee

Company Registration Number:
09392834 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2025

Period of accounts

Start date: 1 April 2024

End date: 31 March 2025

LAMBETH'S 4NS C.I.C.

Contents of the Financial Statements

for the Period Ended 31 March 2025

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

LAMBETH'S 4NS C.I.C.

Directors' report period ended 31 March 2025

The directors present their report with the financial statements of the company for the period ended 31 March 2025

Principal activities of the company

The CIC was set up to be the long leaseholders and independent manager of the St Martin’s Youth Centre in Lambeth. The London Borough of Lambeth had constructed the youth centre as part of a building programme for two new schools on the St Martin’s Estate. Operational since September 2017 the CIC has agreed to become a Community and Arts hub with a focus on projects that reach a variety of youth centred activities including dance, drumming, music, as well as space for young artists to create. The longlease for St Martin’s Youth Centre has never been provided to the CIC by Lambeth Council with the CIC operating under a licence to occupy since its formation. During 2024/25 Lambeth Council withdrew from its commitment to the longlease and issued an eviction notice to the CIC. The CIC vacated St Martin’s Youth Centre on 17 December 2024. Consequently Trustees have been reviewing alternative delivery methods to enable the CIC to continue to support young people in Lambeth.



Directors

The directors shown below have held office during the whole of the period from
1 April 2024 to 31 March 2025

Simon Bentley
 Janie Chesterton
 Seeta Mepani
 Stuart Dixon

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
4 December 2025

And signed on behalf of the board by:
Name: Simon Bentley
Status: Director

LAMBETH'S 4NS C.I.C.

Profit And Loss Account

for the Period Ended 31 March 2025

2025 2024


£
£
Turnover: 6,181 5,692
Gross profit(or loss): 6,181 5,692
Administrative expenses: ( 89,555 ) ( 10,000 )
Operating profit(or loss): (83,374) (4,308)
Interest receivable and similar income: 4,195 1,574
Profit(or loss) before tax: (79,179) (2,734)
Tax: ( 8,196 )
Profit(or loss) for the financial year: (87,375) (2,734)

LAMBETH'S 4NS C.I.C.

Balance sheet

As at 31 March 2025

Notes 2025 2024


£
£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Debtors: 3 0 650
Cash at bank and in hand: 92,170 175,603
Investments:   0 0
Total current assets: 92,170 176,253
Net current assets (liabilities): 92,170 176,253
Total assets less current liabilities: 92,170 176,253
Total net assets (liabilities): 92,170 176,253
Members' funds
Profit and loss account: 92,170 176,253
Total members' funds: 92,170 176,253

The notes form part of these financial statements

LAMBETH'S 4NS C.I.C.

Balance sheet statements

For the year ending 31 March 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 4 December 2025
and signed on behalf of the board by:

Name: Simon Bentley
Status: Director

The notes form part of these financial statements

LAMBETH'S 4NS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 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

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rate in order to write off each asset over its estimated useful life: Computer Equipment - Straight line over 5 years Fixtures & Fittings - Straight line over 5 years

LAMBETH'S 4NS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 0 0

LAMBETH'S 4NS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Debtors

2025 2024
£ £
Trade debtors 0 650
Total 0 650

COMMUNITY INTEREST ANNUAL REPORT

LAMBETH'S 4NS C.I.C.

Company Number: 09392834 (England and Wales)

Year Ending: 31 March 2025

Company activities and impact

The CIC was set up to be the long leaseholders and independent manager of the St Martin’s Youth Centre in Lambeth. The London Borough of Lambeth had constructed the youth centre as part of a building programme for two new schools on the St Martin’s Estate. Operational since September 2017 the CIC has agreed to become a Community and Arts hub with a focus on projects that reach a variety of youth centred activities including dance, drumming, music, as well as space for young artists to create.

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
4 December 2025

And signed on behalf of the board by:
Name: Simon Bentley
Status: Director