OPEN CLOSE CIC

Company limited by guarantee

Company Registration Number:
SC658976 (Scotland)

Unaudited statutory accounts for the year ended 30 April 2025

Period of accounts

Start date: 1 May 2024

End date: 30 April 2025

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Contents of the Financial Statements

for the Period Ended 30 April 2025

Profit and loss
Balance sheet
Additional notes
Community Interest Report

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Profit And Loss Account

for the Period Ended 30 April 2025

2025 2024


£
£
Turnover: 0 2,026
Cost of sales: ( 34 ) ( 1,138 )
Gross profit(or loss): (34) 888
Operating profit(or loss): (34) 888
Profit(or loss) before tax: (34) 888
Profit(or loss) for the financial year: (34) 888

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Balance sheet

As at 30 April 2025

Notes 2025 2024


£
£
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 1,661 423
Investments:   0 0
Total current assets: 1,661 423
Net current assets (liabilities): 1,661 423
Total assets less current liabilities: 1,661 423
Accruals and deferred income: ( 1,661 ) ( 423 )
Total net assets (liabilities): 0 0
Members' funds
Profit and loss account: 0 0
Total members' funds: 0 0

The notes form part of these financial statements

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

Name: Russell Pepper
Status: Director

The notes form part of these financial statements

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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

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Notes to the Financial Statements

for the Period Ended 30 April 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 0 0

COMMUNITY INTEREST ANNUAL REPORT

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Company Number: SC658976 (Scotland)

Year Ending: 30 April 2025

Company activities and impact

During the financial year ending 30 April 2025, Open Close CIC have benefited the community in the following ways: We continued to work with EH9 - a community-focussed business on Perth Road in Dundee - to continue the "Billboard Project" by selling products (stickers, prints, tee shirts and tote bags), relating to the second artwork (which was installed in April 2024). This allowed us to continue to generate funds which will allow for the further commission of artists, creating what we hope will be a consistent opportunity for artists to earn money and showcase their work.

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
18 January 2026

And signed on behalf of the board by:
Name: Russell Pepper
Status: Director