THE ACADEMY OF DEATH RACERS CIC

Company limited by guarantee

Company Registration Number:
15006132 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2025

Period of accounts

Start date: 1 August 2024

End date: 31 July 2025

THE ACADEMY OF DEATH RACERS CIC

Contents of the Financial Statements

for the Period Ended 31 July 2025

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

THE ACADEMY OF DEATH RACERS CIC

Profit And Loss Account

for the Period Ended 31 July 2025

2025 12 months to 31 July 2024


£

£
Turnover: 3,000 2,091
Cost of sales: ( 2,955 ) ( 2,025 )
Gross profit(or loss): 45 66
Distribution costs: 0 0
Administrative expenses: 0 0
Other operating income: 0 0
Operating profit(or loss): 45 66
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 45 66
Tax: 0 ( 13 )
Profit(or loss) for the financial year: 45 53

THE ACADEMY OF DEATH RACERS CIC

Balance sheet

As at 31 July 2025

Notes 2025 12 months to 31 July 2024


£

£
Fixed assets
Intangible assets: 3 410 53
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 410 53
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 0 0
Investments:   0 0
Total current assets: 0 0
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year:   0 0
Net current assets (liabilities): 0 0
Total assets less current liabilities: 410 53
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 410 53
Members' funds
Profit and loss account: 410 53
Total members' funds: 410 53

The notes form part of these financial statements

THE ACADEMY OF DEATH RACERS CIC

Balance sheet statements

For the year ending 31 July 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 28 April 2026
and signed on behalf of the board by:

Name: Mark Morgan
Status: Director

The notes form part of these financial statements

THE ACADEMY OF DEATH RACERS CIC

Notes to the Financial Statements

for the Period Ended 31 July 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

THE ACADEMY OF DEATH RACERS CIC

Notes to the Financial Statements

for the Period Ended 31 July 2025

  • 2. Employees

    2025 12 months to 31 July 2024
    Average number of employees during the period 0 0

THE ACADEMY OF DEATH RACERS CIC

Notes to the Financial Statements

for the Period Ended 31 July 2025

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 August 2024 0 53 53
Additions 0 357 357
Disposals 0 0 0
Revaluations 0 0 0
Transfers 0 0 0
At 31 July 2025 0 410 410
Amortisation
At 1 August 2024 0 0 0
Charge for year 0 0 0
On disposals 0 0 0
Other adjustments 0 0 0
At 31 July 2025 0 0 0
Net book value
At 31 July 2025 0 410 410
At 31 July 2024 0 53 53

COMMUNITY INTEREST ANNUAL REPORT

THE ACADEMY OF DEATH RACERS CIC

Company Number: 15006132 (England and Wales)

Year Ending: 31 July 2025

Company activities and impact

We have arranged various community cinema events for the community through our programming arm Rambling Cinema. Monthly events at Carousel have helped to develop the community audience and connect with community leaders as speakers before screenings, while events moving around the city to other areas such as Nottingham City Libraries, Broadway Cinema, New Art Exchange and Bonington Theatre have helped to diversify our community.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £1,700. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
28 April 2026

And signed on behalf of the board by:
Name: Mark Morgan
Status: Director