PROJECT SY12 CIC

Company Registration Number:
14748221 (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

PROJECT SY12 CIC

Contents of the Financial Statements

for the Period Ended 31 March 2025

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

PROJECT SY12 CIC

Balance sheet

As at 31 March 2025

Notes 2025 2024


£

£
Fixed assets
Intangible assets: 3 487 351
Tangible assets: 4 4,177 741
Total fixed assets: 4,664 1,092
Current assets
Debtors: 5 7,056 120
Cash at bank and in hand: 334 3,268
Total current assets: 7,390 3,388
Creditors: amounts falling due within one year: 6 ( 12,747 ) ( 725 )
Net current assets (liabilities): (5,357) 2,663
Total assets less current liabilities: (693) 3,755
Total net assets (liabilities): (693) 3,755
Capital and reserves
Called up share capital: 50 50
Profit and loss account: (743 ) 3,705
Total Shareholders' funds: ( 693 ) 3,755

The notes form part of these financial statements

PROJECT SY12 CIC

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.

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 2 January 2026
and signed on behalf of the board by:

Name: Alexander-James Terrance HUNTER
Status: Director

The notes form part of these financial statements

PROJECT SY12 CIC

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 Financial Reporting Standard 101

PROJECT SY12 CIC

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

PROJECT SY12 CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 April 2024 351 351
Additions 136 136
Disposals
Revaluations
Transfers
At 31 March 2025 487 487
Amortisation
At 1 April 2024 0 0
Charge for year
On disposals
Other adjustments
At 31 March 2025 0 0
Net book value
At 31 March 2025 487 487
At 31 March 2024 351 351

PROJECT SY12 CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2024 360 376 5 741
Additions 129 3,037 270 3,436
Disposals
Revaluations
Transfers
At 31 March 2025 489 3,413 275 4,177
Depreciation
At 1 April 2024 0 0 0 0
Charge for year
On disposals
Other adjustments
At 31 March 2025 0 0 0 0
Net book value
At 31 March 2025 489 3,413 275 4,177
At 31 March 2024 360 376 5 741

PROJECT SY12 CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

5. Debtors

2025 2024
£ £
Trade debtors 7,056 120
Total 7,056 120

PROJECT SY12 CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

6. Creditors: amounts falling due within one year note

2025 2024
£ £
Trade creditors 12,747 725
Total 12,747 725

COMMUNITY INTEREST ANNUAL REPORT

PROJECT SY12 CIC

Company Number: 14748221 (England and Wales)

Year Ending: 31 March 2025

Company activities and impact

Project SY12 CIC works to support Ellesmere and the wider SY12 area by helping local businesses, community groups and residents to thrive. During 2024–2025, the company’s main activity continued to be the management and development of Ellesmere Market Hall as a community trading and events space. The Hall now provides affordable opportunities for independent traders, start-ups and producers, as well as a venue for markets, events and community activity. Any income generated is reinvested into running costs, maintenance and improvements to the building. Alongside this, Project SY12 CIC supported local businesses and social enterprises through Ellesmere Connect, helping to improve visibility, collaboration and shared activity within the town. The company also promoted Ellesmere as a place to visit through Discover Ellesmere, including printed leaflets, maps and digital promotion, encouraging visitor spend within the town and surrounding area. In addition, Project SY12 CIC coordinated public information, noticeboards and community communications to help residents and visitors stay informed and engaged. Overall, the company’s activities during the year supported independent businesses, helped maintain key community assets, encouraged footfall into the town centre and strengthened links between businesses, community groups and public bodies.

Consultation with stakeholders

Consultation and engagement are carried out in a practical and proportionate way, reflecting the size of the organisation. During 2024–2025, Project SY12 CIC engaged regularly with Market Hall traders, Ellesmere Connect members, local businesses, community groups and volunteers. The company also maintained ongoing liaison with Ellesmere Town Council officers. Feedback was gathered through meetings, day-to-day conversations, emails and engagement during markets and events. This feedback helped inform decisions around market operations, trading arrangements, events, communications and priorities. The company aims to keep communication open and accessible, balancing different views while acting in the wider community interest.

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: Alexander-James Terrance HUNTER
Status: Director