for the Period Ended 30 April 2025
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
As at
| Notes | 2025 | 2024 | |
|---|---|---|---|
|
|
£ |
£ |
|
| Current assets | |||
| Cash at bank and in hand: |
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|
|
| Total current assets: |
|
|
|
| Creditors: amounts falling due within one year: | 3 |
(
|
(
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| Net current assets (liabilities): |
( |
( |
|
| Total assets less current liabilities: |
( |
( |
|
| Total net assets (liabilities): |
( |
( |
|
| Members' funds | |||
| Profit and loss account: |
( |
( |
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| Total members' funds: |
( |
( |
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 30 April 2025
Basis of measurement and preparation
for the Period Ended 30 April 2025
| 2025 | 2024 | |
|---|---|---|
| Average number of employees during the period |
|
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for the Period Ended 30 April 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Other creditors |
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| Total |
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During the financial year ending 30 April 2025, KeyStone Community CIC did not undertake significant on-the-ground delivery activities. This period was primarily focused on consolidation, planning, and preparing for future community benefit activities aligned with the Company’s stated objectives. The CIC’s primary objective remains the provision of education, training, and employment-related opportunities for residents, alongside the delivery of safe and secure housing for individuals and families in housing need through partnerships with local authorities and community organisations. Throughout the year, the Directors worked on developing relationships with local authorities and refining operational arrangements to enable the CIC to deliver its activities in a sustainable and compliant manner. In particular, preparatory work was undertaken in anticipation of leasing residential accommodation to Sheffield City Council, which is expected to commence in the following financial year. This activity will support the provision of accommodation for households in need and create future opportunities for resident engagement, skills development, and support.
Although no formal training or renovation programmes were delivered during the year, the CIC remained in dialogue with local authority partners and associated stakeholders to ensure that future activities are aligned with identified local housing and community needs. This engagement has informed the CIC’s planned activities for the next financial period. The Directors consider this year to be a transitional phase and expect the CIC’s community benefit activities to increase during the next financial year as operational delivery resumes. The Directors confirm that the activities of the Company continue to be carried on for the benefit of the community and in accordance with the Company’s Community Interest Statement.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
9 January 2026
And signed on behalf of the board by:
Name: Stephen Thavam
Status: Director