MONTOL FESTIVAL CIC

Company limited by guarantee

Company Registration Number:
15168828 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2025

Period of accounts

Start date: 1 October 2024

End date: 30 September 2025

MONTOL FESTIVAL CIC

Contents of the Financial Statements

for the Period Ended 30 September 2025

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

MONTOL FESTIVAL CIC

Balance sheet

As at 30 September 2025

Notes 2025 2024


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 6,915 1,896
Investments:   0 0
Total current assets: 6,915 1,896
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year:   0 0
Net current assets (liabilities): 6,915 1,896
Total assets less current liabilities: 6,915 1,896
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): 6,915 1,896
Members' funds
Profit and loss account: 6,915 1,896
Total members' funds: 6,915 1,896

The notes form part of these financial statements

MONTOL FESTIVAL CIC

Balance sheet statements

For the year ending 30 September 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.

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 10 June 2026
and signed on behalf of the board by:

Name: Nicole Broadhurst
Status: Director

The notes form part of these financial statements

MONTOL FESTIVAL CIC

Notes to the Financial Statements

for the Period Ended 30 September 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 Policy: Turnover represents the total invoice value, excluding value added tax, of fees, ticket sales, and workshop income receivable during the year, and is recognized when the underlying event or service is delivered. Grants and donations are recognized in the Profit and Loss Account when the company becomes legally entitled to the income, any performance-related conditions are met, and the value can be measured with reasonable certainty. Income received in advance for a future festival cycle is deferred on the Balance Sheet as a creditor until the event takes place.

MONTOL FESTIVAL CIC

Notes to the Financial Statements

for the Period Ended 30 September 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 0 0

MONTOL FESTIVAL CIC

Notes to the Financial Statements

for the Period Ended 30 September 2025

3. Financial Commitments

At the balance sheet date, the company had no financial commitments, guarantees, or contingencies that were not already recognized on the balance sheet

COMMUNITY INTEREST ANNUAL REPORT

MONTOL FESTIVAL CIC

Company Number: 15168828 (England and Wales)

Year Ending: 30 September 2025

Company activities and impact

During this financial year, Montol CIC successfully organised and delivered the annual Montol Festival in Penzance, celebrating Cornish midwinter customs and the winter solstice. The primary benefit to the community was the promotion of local heritage, cultural education, and community cohesion. To achieve this, the CIC provided free, open-access public events on December 21st, including traditional processions, music, and community performances. We also ran a series of affordable or free community workshops in the weeks leading up to the festival. In these workshops, local residents of all ages and backgrounds were taught traditional lantern-making, costume creation, and mock-mayor customs. By keeping the core festival events entirely free and held in public spaces, we ensured that financial barriers did not prevent anyone in the local community from participating. The festival brought thousands of residents and visitors into the town center, fostering a deep sense of civic pride, reducing social isolation during the winter months, and providing a significant economic boost to local independent businesses and hospitality venues in Penzance.

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
10 June 2026

And signed on behalf of the board by:
Name: Nicole Broadhurst
Status: Director