LIGHTING UP BRIXHAM CIC

Company limited by guarantee

Company Registration Number:
12483549 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2026

Period of accounts

Start date: 1 March 2025

End date: 28 February 2026

LIGHTING UP BRIXHAM CIC

Contents of the Financial Statements

for the Period Ended 28 February 2026

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

LIGHTING UP BRIXHAM CIC

Balance sheet

As at 28 February 2026

Notes 2026 2025


£
£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 6,008 7,068
Investments:   0 0
Total fixed assets: 6,008 7,068
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 15,749 25,083
Investments:   0 0
Total current assets: 15,749 25,083
Creditors: amounts falling due within one year: 4 ( 1,877 ) ( 2,218 )
Net current assets (liabilities): 13,872 22,865
Total assets less current liabilities: 19,880 29,933
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): 19,880 29,933
Members' funds
Profit and loss account: 19,880 29,933
Total members' funds: 19,880 29,933

The notes form part of these financial statements

LIGHTING UP BRIXHAM CIC

Balance sheet statements

For the year ending 28 February 2026 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 27 April 2026
and signed on behalf of the board by:

Name: Neil Leslie Worrell
Status: Director

The notes form part of these financial statements

LIGHTING UP BRIXHAM CIC

Notes to the Financial Statements

for the Period Ended 28 February 2026

  • 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

    Income is recognised on the date of receipt.

    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. Plant and Machinery 15% reducing balance Computer equipment 25% straight line

    Other accounting policies

    This organisation is a community interest company (CIC). There is no share capital. (This is a company limited by guarantee). Under the company's articles there is an 'asset lock' on the company assets to prevent assets being distributed and it is also required to satisfy a community interest test. Profits and assets are retained within the CIC for community purposes, but they can also be transferred to another similar organisation such as another CIC or a charity, e.g. if the CIC is dissolved. Although a CIC cannot itself have charitable status, we take the view that this company's activities are 'mutuar in nature and therefore do not amount to a taxable trade. Accordingly, profit chargeable to corporation tax includes only interest earned and excludes surpluses and losses. The director does not consider that a trade is carried out.

LIGHTING UP BRIXHAM CIC

Notes to the Financial Statements

for the Period Ended 28 February 2026

  • 2. Employees

    2026 2025
    Average number of employees during the period 1 1

LIGHTING UP BRIXHAM CIC

Notes to the Financial Statements

for the Period Ended 28 February 2026

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 March 2025 13,602 999 14,601
Additions 0 0 0
Disposals 0 0 0
Revaluations 0 0 0
Transfers 0 0 0
At 28 February 2026 13,602 999 14,601
Depreciation
At 1 March 2025 6,534 999 7,533
Charge for year 1,060 0 1,060
On disposals
Other adjustments
At 28 February 2026 7,594 999 8,593
Net book value
At 28 February 2026 6,008 0 6,008
At 28 February 2025 7,068 0 7,068

LIGHTING UP BRIXHAM CIC

Notes to the Financial Statements

for the Period Ended 28 February 2026

4. Creditors: amounts falling due within one year note

2026 2025
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 0 0
Accruals and deferred income 0 0
Other creditors 1,877 2,218
Total 1,877 2,218

LIGHTING UP BRIXHAM CIC

Notes to the Financial Statements

for the Period Ended 28 February 2026

5. Loans to directors

During the year the director made funds available to the company to assist with the provision of working capital. The loan was interest free, unsecured and repayable on demand. The amount outstanding at the balance sheet date was £1,036 (2025 - £1,335). During the year no remuneration was paid to the director Mr N Worrell.

COMMUNITY INTEREST ANNUAL REPORT

LIGHTING UP BRIXHAM CIC

Company Number: 12483549 (England and Wales)

Year Ending: 28 February 2026

Company activities and impact

The goal of the CIC is to improve the town of Brixham for locals and visitors alike. The “Brixham Walk of Fame” project, on the breakwater, was completed this year. This is a series of cast iron plates celebrating locals and visitors who have had their names cast into the floor plates.

Consultation with stakeholders

The community have been greatly involved over the term of the projects we have carried out. Over 600 people were featured on the cast iron plates on our “Brixhams Walk of Fame”. All surplus funds are re-invested in permanent town improvements.

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
27 April 2026

And signed on behalf of the board by:
Name: Neil Leslie Worrell
Status: Director