GAPS & BRIDGES CIC

Company limited by guarantee

Company Registration Number:
13549108 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2025

Period of accounts

Start date: 1 September 2024

End date: 31 August 2025

GAPS & BRIDGES CIC

Contents of the Financial Statements

for the Period Ended 31 August 2025

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

GAPS & BRIDGES CIC

Directors' report period ended 31 August 2025

The directors present their report with the financial statements of the company for the period ended 31 August 2025

Principal activities of the company

The directors are responsible for preparing the report and accounts in accordance with applicable law and regulations. Company law requires the directors to prepare accounts for each financial year. Under that law the directors have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these accounts, the directors are required to select suitable accounting policies and then apply them consistently, make judgements and estimates that are reasonable and prudent prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.



Directors

The directors shown below have held office during the whole of the period from
1 September 2024 to 31 August 2025

Olubunmi IYERE
Bolade Femi AIYEPEKU


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
28 May 2026

And signed on behalf of the board by:
Name: Olubunmi IYERE
Status: Director

GAPS & BRIDGES CIC

Profit And Loss Account

for the Period Ended 31 August 2025

2025 2024


£

£
Turnover: 225 685
Gross profit(or loss): 225 685
Administrative expenses: ( 499 ) ( 808 )
Operating profit(or loss): (274) (123)
Profit(or loss) before tax: (274) (123)
Profit(or loss) for the financial year: (274) (123)

GAPS & BRIDGES CIC

Balance sheet

As at 31 August 2025

Notes 2025 2024


£

£
Net current assets (liabilities):   19
Total assets less current liabilities: 19
Creditors: amounts falling due after more than one year: 3 ( 985 ) ( 730 )
Total net assets (liabilities): (985) (711)
Members' funds
Profit and loss account: (985) ( 711)
Total members' funds: ( 985) (711)

The notes form part of these financial statements

GAPS & BRIDGES CIC

Balance sheet statements

For the year ending 31 August 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 May 2026
and signed on behalf of the board by:

Name: Olubunmi IYERE
Status: Director

The notes form part of these financial statements

GAPS & BRIDGES CIC

Notes to the Financial Statements

for the Period Ended 31 August 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

GAPS & BRIDGES CIC

Notes to the Financial Statements

for the Period Ended 31 August 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 0 0

GAPS & BRIDGES CIC

Notes to the Financial Statements

for the Period Ended 31 August 2025

3. Creditors: amounts falling due after more than one year note

2025 2024
£ £
Other creditors 985 730
Total 985 730

COMMUNITY INTEREST ANNUAL REPORT

GAPS & BRIDGES CIC

Company Number: 13549108 (England and Wales)

Year Ending: 31 August 2025

Company activities and impact

Gaps and Bridges provided capacity building and training for community members to identify issues and needs of the community and develop resources, proposals and support plan. Gaps and Bridges established information hub for local community, where community members receive information, resources and support for individual development, job search, CV building. Interview preparation. Links to funding agencies, including empowerment and capacity building opportunities, are provided to community groups. Also linkages, connections, and referrals to community resources. Young people have been supported to develop their CV and linked to businesses and apprenticeship opportunities with local businesses. Career counselling and workshops provided to young people. Information and support to local business to help them connect more with people in the local communities and provided needed support.

Consultation with stakeholders

The stakeholders are the community members, local businesses, and other community groups. The company have had focus group discussions with community members to establish the needs this has been done through questions and answers, prompt questions for discussions. Results have been put together to develop set objectives for the community and establish where the community can get resources for their social activities. The company has had meetings with local businesses to provide information to them of the needs of the community and establish different routes of support. Action: Community members wants opportunities for their young people to do internships and on the job trainings with local businesses. Local businesses will provide internship and apprenticeship opportunities for young people.

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
28 May 2026

And signed on behalf of the board by:
Name: Olubunmi Iyere
Status: Director