PARC STEPHENS COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
15671792 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2025

Period of accounts

Start date: 23 April 2024

End date: 30 April 2025

PARC STEPHENS COMMUNITY INTEREST COMPANY

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

PARC STEPHENS COMMUNITY INTEREST COMPANY

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

The principal activity of the company in the year under review was that of the operation of sports facilities and activities of sports clubs



Directors

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

CRISIAL DAVIES
AMANDA EVANS
MICHAEL FITZPATRICK
ANTHONY JOHN
PAUL MARTIN
DAVID MORGANS
DARREN PHILLIPS
EDWARD ROWLANDS
GARETH THORBURN


Secretary CRISIAL DAVIES

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
17 April 2026

And signed on behalf of the board by:
Name: CRISIAL DAVIES
Status: Secretary

PARC STEPHENS COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 30 April 2025

2025


£
Turnover: 29,748
Cost of sales: ( 1,053 )
Gross profit(or loss): 28,695
Administrative expenses: ( 36,455 )
Operating profit(or loss): (7,760)
Profit(or loss) before tax: (7,760)
Profit(or loss) for the financial year: (7,760)

PARC STEPHENS COMMUNITY INTEREST COMPANY

Balance sheet

As at 30 April 2025

Notes 2025


£
Fixed assets
Tangible assets: 3 37,680
Total fixed assets: 37,680
Current assets
Debtors: 4 1,500
Cash at bank and in hand: 28,742
Total current assets: 30,242
Net current assets (liabilities): 30,242
Total assets less current liabilities: 67,922
Total net assets (liabilities): 67,922
Members' funds
Profit and loss account: 67,922
Total members' funds: 67,922

The notes form part of these financial statements

PARC STEPHENS COMMUNITY INTEREST COMPANY

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 17 April 2026
and signed on behalf of the board by:

Name: CRISIAL DAVIES
Status: Director

The notes form part of these financial statements

PARC STEPHENS COMMUNITY INTEREST COMPANY

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

    Turnover policy

    Turnover represents net invoiced sales of goods, including value added tax.

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

PARC STEPHENS COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 April 2025

  • 2. Employees

    2025
    Average number of employees during the period 0

PARC STEPHENS COMMUNITY INTEREST COMPANY

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 47,100 47,100
Disposals
Revaluations
Transfers
At 30 April 2025 47,100 47,100
Depreciation
Charge for year 9,420 9,420
On disposals
Other adjustments
At 30 April 2025 9,420 9,420
Net book value
At 30 April 2025 37,680 37,680

PARC STEPHENS COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 April 2025

4. Debtors

2025
£
Other debtors 1,500
Total 1,500

COMMUNITY INTEREST ANNUAL REPORT

PARC STEPHENS COMMUNITY INTEREST COMPANY

Company Number: 15671792 (England and Wales)

Year Ending: 30 April 2025

Company activities and impact

In the company’s first year controlling the inherited assets, it has continued to ensure the provision of a multisport and recreational facility supporting a variety sub groups of sports clubs, ensuring participation can be undertaken regardless of weather. The maintenance of the assets has also allowed local authority schools to utilise the space for sports and games promoting fitness and health throughout the generations. Early planning has been made for a state of the art 4G field to be constructed as an improvement to a shared field which will further allow utilisation and access to the facility during winter months. Subsequent phases of the project are to follow with hopes to commence build in 2026/2027 accounting year. Designated areas have been assigned as “wild areas”, promoting a positive natural habitat for all kinds of insects and wildlife for all to admire as they pass by.

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
17 April 2026

And signed on behalf of the board by:
Name: C Davies
Status: Director