HARTLEPOOL LIFE MEDIA CIC

Company limited by guarantee

Company Registration Number:
15766517 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2025

Period of accounts

Start date: 7 June 2024

End date: 30 June 2025

HARTLEPOOL LIFE MEDIA CIC

Contents of the Financial Statements

for the Period Ended 30 June 2025

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

HARTLEPOOL LIFE MEDIA CIC

Directors' report period ended 30 June 2025

The directors present their report with the financial statements of the company for the period ended 30 June 2025

Directors

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

A J Finegan
P R Hewitson


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
6 June 2026

And signed on behalf of the board by:
Name: A J Finegan
Status: Director

HARTLEPOOL LIFE MEDIA CIC

Profit And Loss Account

for the Period Ended 30 June 2025

13 months to 30 June 2025


£
Turnover: 357,240
Cost of sales: ( 150,392 )
Gross profit(or loss): 206,848
Administrative expenses: ( 171,093 )
Other operating income: 27
Operating profit(or loss): 35,782
Profit(or loss) before tax: 35,782
Tax: ( 6,799 )
Profit(or loss) for the financial year: 28,983

HARTLEPOOL LIFE MEDIA CIC

Balance sheet

As at 30 June 2025

Notes 13 months to 30 June 2025


£
Current assets
Debtors: 3 27,715
Cash at bank and in hand: 30,570
Total current assets: 58,285
Creditors: amounts falling due within one year: 4 ( 29,302 )
Net current assets (liabilities): 28,983
Total assets less current liabilities: 28,983
Total net assets (liabilities): 28,983
Members' funds
Profit and loss account: 28,983
Total members' funds: 28,983

The notes form part of these financial statements

HARTLEPOOL LIFE MEDIA CIC

Balance sheet statements

For the year ending 30 June 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 6 June 2026
and signed on behalf of the board by:

Name: A J Finegan
Status: Director

The notes form part of these financial statements

HARTLEPOOL LIFE MEDIA CIC

Notes to the Financial Statements

for the Period Ended 30 June 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

    Revenue recognition Turnover is measured at the fair value of the consideration received or receivable for services rendered, net of discounts and Value Added Tax.

    Other accounting policies

    Basis of preparation The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity. Defined contribution plans Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

HARTLEPOOL LIFE MEDIA CIC

Notes to the Financial Statements

for the Period Ended 30 June 2025

  • 2. Employees

    13 months to 30 June 2025
    Average number of employees during the period 8

HARTLEPOOL LIFE MEDIA CIC

Notes to the Financial Statements

for the Period Ended 30 June 2025

3. Debtors

13 months to 30 June 2025
£
Trade debtors 22,504
Other debtors 5,211
Total 27,715

HARTLEPOOL LIFE MEDIA CIC

Notes to the Financial Statements

for the Period Ended 30 June 2025

4. Creditors: amounts falling due within one year note

13 months to 30 June 2025
£
Trade creditors 3,988
Taxation and social security 24,286
Other creditors 1,028
Total 29,302

COMMUNITY INTEREST ANNUAL REPORT

HARTLEPOOL LIFE MEDIA CIC

Company Number: 15766517 (England and Wales)

Year Ending: 30 June 2025

Company activities and impact

The companies activities provide benefit to the residents, local businesses, community businesses and charities by providing free of charge community newspaper. The newspaper focuses on the following themes: Positive news Jobs Sport Community and charity events The newspaper is made available at a number of "drop off points" across Hartlepool allowing residents to easily "pick up" a copy when they are out shopping, socialising or at an appointment. The newspaper is an alternative to digital social media and is a much needed source of local and community information particularly for those residents whom are elderly.

Consultation with stakeholders

The stakeholders are the residents, business and community organisations including charities based in the Hartlepool area. Our stakeholders consult with us through : Social media. Attendance at our community based office. Freelance journalists. Community organisations inform us of community events and activities taken place throughout the town. Local Authorities of changes in local policies and local events and activities available to the general public.

Directors' remuneration

The directors and their associated businesses received remuneration in the year amounting to £9,027.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
6 June 2026

And signed on behalf of the board by:
Name: A J Finegan
Status: Director