ASHBOURNE COMMUNITY'S CIC

Company Registration Number:
11459078 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2025

Period of accounts

Start date: 1 November 2024

End date: 31 October 2025

ASHBOURNE COMMUNITY'S CIC

Contents of the Financial Statements

for the Period Ended 31 October 2025

Directors report
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

ASHBOURNE COMMUNITY'S CIC

Directors' report period ended 31 October 2025

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

Principal activities of the company

The Company carries out activities that benefit the communities of Ashbourne and the surrounding area through the protection and enhancement of their social, environmental and economic wellbeing. The Company has played an active role in the Ashbourne Reborn project seeking to ensure the implementation of the Shrovetide Walk renovation as originally conceived by the Company before being subsumed into this major Project funded by the government's Levelling Up Funds. In parallel the company continued to develop the weekly market on Shrovetide Walk and, having established a sustainable enterprise for the benefit of the community and economy of the town, it has been working with locally based market traders to take on the market. This was implemented in December 2024. The company has also continued developing the project on the Henmore Walk to enhance the visual aspect of the town, the environmental setting and health of the river and thus visitor experience and is grateful to Ashbourne Town Council and Trent River Trust for their support in enabling this work. At the year end the Company held £9,363 of grant funds consisting of £3,798 received from Ashbourne Town Council solely to be invested in the Shrovetide Walk and Henmore Walk projects, £2,871 from Trent River Trust solely to be invested in the Henmore Walk and Riverfly project, £1,500 received from Ashbourne Partnership Trust for a bench on the Shrovetide Walk and a further £1,194 of unrestricted grant funds.



Directors

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

Susan Bridgett
Norman Harris
Jeffrey Phillips
Leslie Warren
Sean Clayton


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
25 July 2026

And signed on behalf of the board by:
Name: Jeffrey Phillips
Status: Director

ASHBOURNE COMMUNITY'S CIC

Balance sheet

As at 31 October 2025

Notes 2025 2024


£

£
Current assets
Cash at bank and in hand: 9,440 9,214
Total current assets: 9,440 9,214
Prepayments and accrued income: 330 330
Creditors: amounts falling due within one year: 3 ( 365 ) ( 9,213 )
Net current assets (liabilities): 9,405 331
Total assets less current liabilities: 9,405 331
Creditors: amounts falling due after more than one year: 4 ( 11,178 ) ( 1,815 )
Total net assets (liabilities): (1,773) (1,484)
Capital and reserves
Called up share capital: 41 41
Profit and loss account: (1,814 ) (1,525 )
Total Shareholders' funds: ( 1,773 ) (1,484)

The notes form part of these financial statements

ASHBOURNE COMMUNITY'S CIC

Balance sheet statements

For the year ending 31 October 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 25 July 2026
and signed on behalf of the board by:

Name: Jeffrey Phillips
Status: Director

The notes form part of these financial statements

ASHBOURNE COMMUNITY'S CIC

Notes to the Financial Statements

for the Period Ended 31 October 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

ASHBOURNE COMMUNITY'S CIC

Notes to the Financial Statements

for the Period Ended 31 October 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 0 0

ASHBOURNE COMMUNITY'S CIC

Notes to the Financial Statements

for the Period Ended 31 October 2025

3. Creditors: amounts falling due within one year note

2025 2024
£ £
Trade creditors 365 1,395
Other creditors 7,818
Total 365 9,213

ASHBOURNE COMMUNITY'S CIC

Notes to the Financial Statements

for the Period Ended 31 October 2025

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

2025 2024
£ £
Other creditors 11,178 1,815
Total 11,178 1,815

COMMUNITY INTEREST ANNUAL REPORT

ASHBOURNE COMMUNITY'S CIC

Company Number: 11459078 (England and Wales)

Year Ending: 31 October 2025

Company activities and impact

The Company carries out activities that benefit the communities of Ashbourne and the surrounding area through the protection and enhancement of their social, environmental and economic wellbeing. The Company has played an active role in the Ashbourne Reborn project seeking to ensure the implementation of the Shrovetide Walk renovation as originally conceived by the Company before being subsumed into this major Project funded by the government's Levelling Up Funds. In parallel the company continued to develop the weekly market on Shrovetide Walk and, having established a sustainable enterprise for the benefit of the community and economy of the town, it has been working with locally based market traders to take on the market. This was implemented in December 2024. The company has also continued developing the project on the Henmore Walk to enhance the visual aspect of the town, the environmental setting and health of the river and thus visitor experience and is grateful to Ashbourne Town Council and Trent River Trust for their support in enabling this work. At the year end the Company held £9,363 of grant funds consisting of £3,798 received from Ashbourne Town Council solely to be invested in the Shrovetide Walk and Henmore Walk projects, £2,871 from Trent River Trust solely to be invested in the Henmore Walk and Riverfly project, £1,500 received from Ashbourne Partnership Trust for a bench on the Shrovetide Walk and a further £1,194 of unrestricted grant funds.

Consultation with stakeholders

Regular meetings, both formal and informal, are held with the local community and various groups that are involved with, and benefit from the works of the CIC.

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
25 July 2026

And signed on behalf of the board by:
Name: Jeffrey Phillips
Status: Director