LOCAL CHAMPIONS CIC

Company limited by guarantee

Company Registration Number:
13841670 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2026

Period of accounts

Start date: 1 February 2025

End date: 31 January 2026

LOCAL CHAMPIONS CIC

Contents of the Financial Statements

for the Period Ended 31 January 2026

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

LOCAL CHAMPIONS CIC

Directors' report period ended 31 January 2026

The directors present their report with the financial statements of the company for the period ended 31 January 2026

Directors

The directors shown below have held office during the whole of the period from
1 February 2025 to 31 January 2026

Nikita Gicanda Vervelde
Mafalda Silva


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
30 October 2026

And signed on behalf of the board by:
Name: Nikita Gicanda Vervelde
Status: Director

LOCAL CHAMPIONS CIC

Profit And Loss Account

for the Period Ended 31 January 2026

2026 2025


£

£
Turnover: 45,533 20,606
Cost of sales: ( 2,589 ) ( 4,118 )
Gross profit(or loss): 42,944 16,488
Administrative expenses: ( 60,929 ) ( 54,644 )
Other operating income: 21,875 38,491
Operating profit(or loss): 3,890 335
Profit(or loss) before tax: 3,890 335
Tax: ( 1,086 ) ( 180 )
Profit(or loss) for the financial year: 2,804 155

LOCAL CHAMPIONS CIC

Balance sheet

As at 31 January 2026

Notes 2026 2025


£

£
Current assets
Cash at bank and in hand: 5,424 643
Total current assets: 5,424 643
Creditors: amounts falling due within one year: 3 ( 4,212 ) ( 2,235 )
Net current assets (liabilities): 1,212 (1,592)
Total assets less current liabilities: 1,212 ( 1,592)
Total net assets (liabilities): 1,212 (1,592)
Members' funds
Profit and loss account: 1,212 ( 1,592)
Total members' funds: 1,212 (1,592)

The notes form part of these financial statements

LOCAL CHAMPIONS CIC

Balance sheet statements

For the year ending 31 January 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 30 October 2026
and signed on behalf of the board by:

Name: Nikita Gicanda Vervelde
Status: Director

The notes form part of these financial statements

LOCAL CHAMPIONS CIC

Notes to the Financial Statements

for the Period Ended 31 January 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 comprises of income from consultancy 'Other operating income' comprises of grants

LOCAL CHAMPIONS CIC

Notes to the Financial Statements

for the Period Ended 31 January 2026

  • 2. Employees

    2026 2025
    Average number of employees during the period 0 0

LOCAL CHAMPIONS CIC

Notes to the Financial Statements

for the Period Ended 31 January 2026

3. Creditors: amounts falling due within one year note

2026 2025
£ £
Taxation and social security 1,266 180
Accruals and deferred income 1,616 1,449
Other creditors 1,330 606
Total 4,212 2,235

LOCAL CHAMPIONS CIC

Notes to the Financial Statements

for the Period Ended 31 January 2026

4. Loans to directors

Name of director receiving advance or credit: Nikita Gicanda Vervelde
Description of the transaction:
GICANDA VERVELDE, Nikita Loans from Director - Owed to Director Owed to Director b/fwd £606 Owed to Director c/fwd £1330.00
£
Balance at 31 January 2025 606
Advances or credits made: 724
Advances or credits repaid:
Balance at 31 January 2026 1,330

COMMUNITY INTEREST ANNUAL REPORT

LOCAL CHAMPIONS CIC

Company Number: 13841670 (England and Wales)

Year Ending: 31 January 2026

Company activities and impact

Reporting period: 1 February 2025 to 31 January 2026. Local Champions CIC exists to build a fairer, more connected future. We support women and young people from global-majority and low-income backgrounds through enterprise, sport and technology. Building on the previous year’s work, our UK activities continued to be co-designed with communities and partners, connecting practical skills, wellbeing and networks of opportunity. YEA! Thamesmead: With Peabody, we delivered ten weeks of entrepreneurship support, including ten masterclasses, individual mentoring, coaching and peer learning. Nine founders aged 18-30 completed the programme; six were women and three reported a disability. Participants developed skills in finance, digital tools, partnerships and pitching, culminating in a public pitch event. Alumni returned as mentors, extending leadership opportunities across cohorts. The September evaluation recorded a recommendation score of 4.4/5 and an average rating of 4.3/5 for impact on participants’ entrepreneurial journeys. Average business optimism was 3.6 at baseline and 4.3 afterwards, public-speaking confidence was 3.6 and 4.0, pitching confidence 3.6 and 3.7, and connection to the local community 3.1 and 3.3. These self-reported group averages are based on nine baseline and seven post-programme respondents, they do not represent matched individual changes. Feedback described greater confidence, clearer plans and valuable networks. Propel / UPCHANGE and Mothers & Care: Building on the girls’ mentoring and Mothers & Babies in Sport work described in our previous report, we continued enterprise and sport-based mentoring with Active Communities Network and Olympia Infinity FC. Quarterly monitoring recorded 13 young people engaged in April–June 2025, one new young person in July–September and two new young people in October–December: 16 recorded across those three quarters. These figures cover April–December 2025. The July–September report also recorded nine new mothers joining Mothers & Care. One was under 25 and included in the youth count; the other eight were outside that age criterion. Football, mentoring and childcare helped mothers participate in their own development while their children were supported. Participant feedback described reduced isolation, greater confidence and stronger family connections. Two mentees completed an ACN youth-work certificate, supporting progression towards mentoring roles. Ad hoc mentoring and signposting continued when seasonal constraints paused weekly outdoor sessions from November. Propel also supported elements of YEA!, so these programme counts are not added together as separate, unique beneficiaries. Wisdom Exchange - Carib Eats / SHIFT: Local Champions supported the intergenerational pilot held at Dalston Lane Community Centre on 21 February 2025. The observer recorded 10 young people attending alongside older community members. Our project handover records outreach to 13 organisations and eight follow-up engagement calls, with preparatory outreach beginning in January. We designed pre- and post-event survey tools, supported youth recruitment and provided observation and evaluation. Observations described growing rapport, encouragement and knowledge-sharing between generations. The work gave Carib Eats practical tools and learning to inform future delivery. Community-led civic learning - UK Democracy Fund: During May-July 2025, we completed and developed learning for internal and external audiences from earlier pilots involving Carib Eats, Skate Cabal and The Agency. The work highlighted trusted messengers, culturally relevant engagement, peer support and the value of intermediaries connecting funders with grassroots organisations. JRRT welcomed the report for board-level learning and collaborated on an external version. The earlier pilots are not counted as newly delivered activities or beneficiaries this year. Community Anchor Network / LLDC: During 2025 we worked with CAN members and LLDC colleagues to develop a shared visual model of community-led collaboration. The December development document records successive concepts being revised in response to Action Group feedback, leading to a continuous-loop model expressing connection, collaboration and co-design. This provided a practical communication resource for a shared approach to community voice, trust and institutional collaboration. HEAL Academy: From September 2025, we supported TRIUMPH CIC with programme coordination, partner liaison, recruitment communications and delivery planning for inclusive UK youth-sector leadership. By December, the recruitment landing page and application forms were live. By 16 January 2026, curriculum handbooks for two leadership pathways had been circulated for review. These were programme-development outputs; participant completion, secondments and later conference outcomes are outside this report. UpChange network capacity-building: In March 2025 we developed an organisational needs-assessment questionnaire to inform future training provision and frequency. We also arranged a public-speaking workshop delivered by Kat Craig in August. ACN's subsequent feedback confirmed the session was useful to participants with different experience levels and well facilitated. This complemented direct mentoring by supporting the people and organisations working with young women. Sustained alumni support: Support continued beyond individual YEA cohorts through mentoring, check-ins and introductions. In June-July 2025, we connected a previous participant developing community shops with Peabody's enterprise-support team. Alumni also returned as mentors for the Thamesmead cohort. January 2026 correspondence reflected continued contact and reported benefits in confidence, belonging and access to networks. These examples demonstrate sustained relationships and access to opportunities beyond the initial programme. Across the year, our work combined direct support with community-led research, practical evaluation tools and organisational development. It strengthened opportunities for young people and women while helping partners listen, collaborate and sustain community capacity. Programme figures are presented separately because some participants received support through more than one activity.

Consultation with stakeholders

Our approach remains rooted in co-creation, trust and reciprocity: a continuous cycle of listening, reflection, design, delivery and learning. Stakeholders included young entrepreneurs and alumni, mothers and families, older community members, mentors, freelance delivery colleagues, grassroots organisations and partner institutions. Partners included Peabody, Active Communities Network, Olympia Infinity FC, Carib Eats, SHIFT, JRRT, TRIUMPH CIC, LLDC and CAN members. This continued the previous year's emphasis on networks of trust and community participation in shaping delivery. Consultation took place through participant surveys, mentoring conversations, case studies, quarterly monitoring and partner review meetings. YEA! participants described their experiences and identified practical barriers; the September evaluation and partner correspondence documented venue access, Wi-Fi and compressed recruitment timelines. Mothers & Care feedback described the importance of childcare alongside activity, confidence and belonging. In response to YEA feedback, we recorded priorities for future delivery: checking venue accessibility and digital facilities in advance, agreeing shared delivery calendars, allowing longer recruitment lead-in times and strengthening alumni mentoring. Propel delivery adapted to seasonal constraints through requested mentoring and signposting. Mothers & Care retained childcare as a practical response to participation barriers. For Wisdom Exchange, survey tools were reviewed with the client, formats were adapted for younger and older participants, and an inclusivity statement addressed concerns raised by a referring organisation. Observation and handover findings identified improvements to survey preparation and completion. CAN's visual model changed in response to member feedback, moving away from static representations towards a continuous cycle of exchange. The UpChange needs questionnaire invited organisations to shape training priorities, while HEAL partners reviewed recruitment materials and application arrangements. These examples show how consultation influenced delivery, tools and planning. Future improvements are distinguished from actions already completed within the reporting period

Directors' remuneration

£500

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
30 October 2026

And signed on behalf of the board by:
Name: Nikita Gicanda Vervelde
Status: Director