GEMS CRICKET CLUB CIC

Company limited by guarantee

Company Registration Number:
15620663 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2025

Period of accounts

Start date: 6 April 2024

End date: 30 April 2025

GEMS CRICKET CLUB CIC

Contents of the Financial Statements

for the Period Ended 30 April 2025

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

GEMS CRICKET CLUB CIC

Directors' report period ended 30 April 2025

The directors present their report with the financial statements of the company for the period ended 30 April 2025

Principal activities of the company

Principal activity of the company during the financial period 31 April 2025 was of activities of sport clubs



Directors

The directors shown below have held office during the whole of the period from
6 April 2024 to 30 April 2025

Zaffar Iqbal
Amjad Faraz Khan


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
2 January 2026

And signed on behalf of the board by:
Name: Zaffar Iqbal
Status: Director

GEMS CRICKET CLUB CIC

Profit And Loss Account

for the Period Ended 30 April 2025

13 months to 30 April 2025


£
Turnover: 2,050
Cost of sales: 0
Gross profit(or loss): 2,050
Administrative expenses: ( 2,175 )
Operating profit(or loss): (125)
Profit(or loss) before tax: (125)
Tax: 0
Profit(or loss) for the financial year: (125)

GEMS CRICKET CLUB CIC

Balance sheet

As at 30 April 2025

Notes 13 months to 30 April 2025


£
Fixed assets
Tangible assets: 3 6,687
Total fixed assets: 6,687
Current assets
Cash at bank and in hand: 1,053
Total current assets: 1,053
Creditors: amounts falling due within one year: 4 ( 7,865 )
Net current assets (liabilities): (6,812)
Total assets less current liabilities: (125)
Total net assets (liabilities): (125)
Members' funds
Profit and loss account: (125)
Total members' funds: ( 125)

The notes form part of these financial statements

GEMS CRICKET CLUB CIC

Balance sheet statements

For the year ending 30 April 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 2 January 2026
and signed on behalf of the board by:

Name: Zaffar Iqbal
Status: Director

The notes form part of these financial statements

GEMS CRICKET CLUB CIC

Notes to the Financial Statements

for the Period Ended 30 April 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

    15% Reducing Balance

GEMS CRICKET CLUB CIC

Notes to the Financial Statements

for the Period Ended 30 April 2025

  • 2. Employees

    13 months to 30 April 2025
    Average number of employees during the period 0

GEMS CRICKET CLUB CIC

Notes to the Financial Statements

for the Period Ended 30 April 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 7,867 7,867
Disposals
Revaluations
Transfers
At 30 April 2025 7,867 7,867
Depreciation
Charge for year 1,180 1,180
On disposals
Other adjustments
At 30 April 2025 1,180 1,180
Net book value
At 30 April 2025 6,687 6,687

GEMS CRICKET CLUB CIC

Notes to the Financial Statements

for the Period Ended 30 April 2025

4. Creditors: amounts falling due within one year note

13 months to 30 April 2025
£
Accruals and deferred income 500
Other creditors 7,365
Total 7,865

COMMUNITY INTEREST ANNUAL REPORT

GEMS CRICKET CLUB CIC

Company Number: 15620663 (England and Wales)

Year Ending: 30 April 2025

Company activities and impact

The CIC operates a cricket club in Gateshead, providing the local community with facilities to play the sport. It began operating 6th April 2024. In this first year of operating, the club has developed the foundations for future operations, including the development of a specialised Cricket pitch for use of the club. The club aims to increase memberships and have fixtures and matches planned in advance of the upcoming season.

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
2 January 2026

And signed on behalf of the board by:
Name: Zaffar Iqbal
Status: Director