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# SHADOWBOUND CIC

## Company limited by guarantee

## Company Registration Number:
SC828385 (Scotland)

## Unaudited statutory accounts for the year ended 30 November 2025

## Period of accounts

## Start date: 8 November 2024

## End date: 30 November 2025

# SHADOWBOUND CIC

## Contents of the Financial Statements

for the Period Ended 30 November 2025

Profit and loss |
Balance sheet |
Additional notes |
Balance sheet notes |
Community Interest Report |

# SHADOWBOUND CIC

## Profit And Loss Account

for the Period Ended 30 November 2025

| 13 months to 30 November 2025
--- | ---
| £
Turnover: | 19,317 |
Cost of sales: | ( 18,853 ) |
Gross profit(or loss): | 464
Administrative expenses: | ( 3,910 ) |
Operating profit(or loss): | (3,446)
Profit(or loss) before tax: | (3,446)
Profit(or loss) for the financial year: | (3,446)

# SHADOWBOUND CIC

## Balance sheet

As at 30 November 2025

| Notes | 13 months to 30 November 2025
--- | --- | ---
|  | £
Current assets
Cash at bank and in hand: |  | 5,054 |
Total current assets: |  | 5,054
Creditors: amounts falling due within one year: | 3 | ( 8,500 ) |
Net current assets (liabilities): |  | (3,446)
Total assets less current liabilities: |  | (3,446)
Total net assets (liabilities): |  | (3,446)
Members' funds
Profit and loss account: |  | (3,446) |
Total members' funds: |  | ( 3,446)

The notes form part of these financial statements

# SHADOWBOUND CIC

## Balance sheet statements

For the year ending 30 November 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 11 December 2025
and signed on behalf of the board by:

Name: A Davey
Status: Director

The notes form part of these financial statements

# SHADOWBOUND CIC

## Notes to the Financial Statements

for the Period Ended 30 November 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

  Turnover policy

  Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

  Tangible fixed assets depreciation policy

  Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: Freehold buildings over 50 years Leasehold land and buildings over the lease term Plant and machinery over 5 years Fixtures, fittings, tools and equipment over 5 years

  Intangible fixed assets amortisation policy

  Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

# SHADOWBOUND CIC

## Notes to the Financial Statements

for the Period Ended 30 November 2025

- ## 2. Employees

  | 13 months to 30 November 2025
  --- | ---
  Average number of employees during the period | 0 |

# SHADOWBOUND CIC

## Notes to the Financial Statements

for the Period Ended 30 November 2025

## 3. Creditors: amounts falling due within one year note

| 13 months to 30 November 2025
--- | ---
| £
Trade creditors | 8,500 |
Total | 8,500

# COMMUNITY INTEREST ANNUAL REPORT

### SHADOWBOUND CIC

### Company Number: SC828385 (Scotland)

### Year Ending: 30 November 2025

Company activities and impact

Shadowbound CIC Company activities & impact ‘Sports events: pole dance events including but not limited to competitions and showcases’ This year Shadowbound CIC’s activities continued to the creation of performing arts competitions in Scotland to provide Scottish competitors the opportunity to perform. The competitions and showcases we organise strive to exceed best practices within this performing arts space. Shadowbound CIC organised the only three distinct events in Scotland that happened during the last year. (Two competitions for performers with judging panels, winners and competitor feedback and one showcase with performer feedback.) We provided competition environments for 189 performers. Of these 189 performers 83 were from marginalised communities we had identified as lacking opportunities to compete. (44%). Other competitors were either from Scotland (42%) and the remainder (14%) of competitors were from the rest of the world with some travelling internationally. This highlights how few opportunities were available for competing performers. Without Shadowbound CIC operating there would have been no opportunities for Scottish performers to compete during the year 24/25 as other existing competitions either cancelled their events or ceased to operate.

Consultation with stakeholders

Consultations with stakeholders Stakeholders are the competitors that enter the competitions, the independent judges and the greater Scottish pole community. All stakeholders are consulted after every event and as active members of the Scottish pole community both directors are easily contactable in person and via social media channels. There are detailed feedback forms available to all stakeholders. During the year to 30/11/25 there were forty feedback responses that led to twenty one documentable changes in the way Shadowbound operates such as changing category selections, the hiring of additional equipment, the way performers disabilities might be best mitigated in the judging process and a number of changes to the environment competitors are expected to perform in. Our stakeholder consultations continue to provide insight in how to apply industry best practice to our events and provide the type of events our community need most at any time.

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
15 January 2026

And signed on behalf of the board by:
Name: A.Davey
Status: Director