DEDDINGTON MEDIA CIC

Company limited by guarantee

Company Registration Number:
08141239 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2026

Period of accounts

Start date: 1 May 2025

End date: 30 April 2026

DEDDINGTON MEDIA CIC

Contents of the Financial Statements

for the Period Ended 30 April 2026

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

DEDDINGTON MEDIA CIC

Directors' report period ended 30 April 2026

The directors present their report with the financial statements of the company for the period ended 30 April 2026

Principal activities of the company

Deddington Media CIC is a community interest company (CIC), limited by guarantee. The CIC's principal activities during the year continued to be the publication of the Deddington News and the operation of Deddington Online.



Directors

The directors shown below have held office during the whole of the period from
1 May 2025 to 30 April 2026

Mrs J Cheeseman
 Mrs C Desmond
 C O H Lambert
 Mrs J Price
 Mrs M Robinson

Secretary Mrs J Cheeseman

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
29 July 2026

And signed on behalf of the board by:
Name: Mrs J Cheeseman
Status: Secretary

DEDDINGTON MEDIA CIC

Profit And Loss Account

for the Period Ended 30 April 2026

2026 2025


£
£
Turnover: 13,718 12,923
Gross profit(or loss): 13,718 12,923
Administrative expenses: ( 11,127 ) ( 10,008 )
Operating profit(or loss): 2,591 2,915
Interest receivable and similar income: 126 132
Profit(or loss) before tax: 2,717 3,047
Tax: ( 516 ) ( 579 )
Profit(or loss) for the financial year: 2,201 2,468

DEDDINGTON MEDIA CIC

Balance sheet

As at 30 April 2026

Notes 2026 2025


£
£
Current assets
Debtors: 3 313 304
Cash at bank and in hand: 27,548 25,159
Total current assets: 27,861 25,463
Creditors: amounts falling due within one year: 4 ( 7,797 ) ( 7,600 )
Net current assets (liabilities): 20,064 17,863
Total assets less current liabilities: 20,064 17,863
Total net assets (liabilities): 20,064 17,863
Members' funds
Profit and loss account: 20,064 17,863
Total members' funds: 20,064 17,863

The notes form part of these financial statements

DEDDINGTON MEDIA CIC

Balance sheet statements

For the year ending 30 April 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.

This report was approved by the board of directors on 29 July 2026
and signed on behalf of the board by:

Name: C O H Lambert
Status: Director

The notes form part of these financial statements

DEDDINGTON MEDIA CIC

Notes to the Financial Statements

for the Period Ended 30 April 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

    Turnover represents advertising revenue and other income.

    Other accounting policies

    Debtors - Short term debtors are measured at transaction price (which is usually the invoice price). Creditors - Short term creditors are measured at transaction price (which is usually the invoice price). Taxation - A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

DEDDINGTON MEDIA CIC

Notes to the Financial Statements

for the Period Ended 30 April 2026

  • 2. Employees

    2026 2025
    Average number of employees during the period 0 0

DEDDINGTON MEDIA CIC

Notes to the Financial Statements

for the Period Ended 30 April 2026

3. Debtors

2026 2025
£ £
Trade debtors 70 75
Other debtors 243 229
Total 313 304

DEDDINGTON MEDIA CIC

Notes to the Financial Statements

for the Period Ended 30 April 2026

4. Creditors: amounts falling due within one year note

2026 2025
£ £
Taxation and social security 516 579
Other creditors 7,281 7,021
Total 7,797 7,600

COMMUNITY INTEREST ANNUAL REPORT

DEDDINGTON MEDIA CIC

Company Number: 08141239 (England and Wales)

Year Ending: 30 April 2026

Company activities and impact

The CIC was incorporated in July 2012 and is the successor to informal organisations which provided the services it now manages, namely Deddington News, the parish magazine, and Deddington Online, the parish website. Deddington News published its first edition 50 years ago this September 2026, a remarkable achievement. It has published magazines, 10 months per year, continuously in that time, providing information on the organisations and services in the parish along with articles related to the clubs and societies, including the various cultural, sports and educational groups. The magazine also includes lists of events, reports on parish council meetings and original articles and reports from the community along with feature articles and short histories considered likely to be of interest to the readers. The magazine is delivered free of charge to every household in the parish, currently numbering approximately 1,200, and published in digital form through its sister organisation, the parish website Deddington Online. https://www.deddington.org.uk/ Deddington Online was established in 1997 to carry general information about the community, including the organisations which operate here, along with information and links to the parish church, the health centre, the charities, clubs, societies, sports facilities and many other facilities available in the community. Importantly, it provides a calendar of events and links to the current and past editions of the Deddington News alongside links to the extensive history of the parish and a gallery of over 3,000 photographs providing a visual record of the parish since the advent of photography. The CIC is self-financing. Deddington News is published as an A4-sized magazine (usually 36 pages) aiming to provide information, original articles, reports, announcements, letters to the editor and other material of interest, together covering approximately 50% of the space available, with the other 50% dedicated to advertising local organisations, businesses and events. Those advertisers pay a fee to advertise and this income generates the funding to pay for printing and publication of the magazine and the operation of the website. The board meets quarterly to review the CIC’s operations and financial position. Costs are kept strictly under review. The board has established an 18-month reserve to ensure the company has the funds to maintain financial stability. We aim for an approximate 10 to 15% profit margin to cover unexpected increases in costs. While the Articles of Association allow for the donations of surplus capital to worthy local causes, this is a secondary benefit to the community. The recent focus on building the financial reserve has prevented the company from making any donations in the last few years.

Consultation with stakeholders

The company’s stakeholders are primarily (i) the members of the community who receive the magazine Deddington News, free of charge to their door, ten times a year (ii) the local organisations which advertise in its pages, (iii) those, near and far, who access Deddington Online for information, (iv) the many clubs, societies and organisations which maintain links through the website, and (v) the teams of volunteers who produce and deliver the magazine and edit and maintain the website. The editors of the magazine meet regularly with their editorial team, receiving feedback on the magazine’s reception by the community. We know from direct feedback from families who have moved into the community that they have found the magazine and the contents of the website extremely helpful in familiarising themselves with what the parish has to offer. Our advertisers tell us that the incremental customer base they gain often refer to the magazine as the reason an individual has contacted them. The stability of the advertising base reflects that benefit. The CIC has not undertaken any specific consultation this year. The feedback referred to above and feedback by emails or letters direct to the editors as well as phone calls relating to particular articles provides welcome direction to the CIC. The board directors, who are themselves

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
29 July 2026

And signed on behalf of the board by:
Name: C O H Lambert
Status: Director