VALLEYS ANCHOR CIC

Company limited by guarantee

Company Registration Number:
14689749 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2026

Period of accounts

Start date: 1 April 2025

End date: 31 March 2026

VALLEYS ANCHOR CIC

Contents of the Financial Statements

for the Period Ended 31 March 2026

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

VALLEYS ANCHOR CIC

Directors' report period ended 31 March 2026

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

Principal activities of the company

The principal activity of the company during the year under review was management consultancy activities other than financial management.



Directors

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

D.M. Carre
 G. Hurt
 L. Needham-Reid
 S.A. Whitelaw

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 October 2026

And signed on behalf of the board by:
Name: D.M. Carre
Status: Director

VALLEYS ANCHOR CIC

Profit And Loss Account

for the Period Ended 31 March 2026

2026 2025


£
£
Turnover: 45,203 32,885
Cost of sales: ( 44,482 ) ( 30,070 )
Gross profit(or loss): 721 2,815
Administrative expenses: ( 2,358 ) ( 2,280 )
Operating profit(or loss): (1,637) 535
Profit(or loss) before tax: (1,637) 535
Tax: 0 ( 68 )
Profit(or loss) for the financial year: (1,637) 467

VALLEYS ANCHOR CIC

Balance sheet

As at 31 March 2026

Notes 2026 2025


£
£
Current assets
Cash at bank and in hand: 11,782 6,058
Total current assets: 11,782 6,058
Creditors: amounts falling due within one year: 3 ( 600 ) ( 102 )
Net current assets (liabilities): 11,182 5,956
Total assets less current liabilities: 11,182 5,956
Accruals and deferred income: ( 12,205 ) ( 5,342 )
Total net assets (liabilities): (1,023) 614
Members' funds
Profit and loss account: (1,023) 614
Total members' funds: ( 1,023) 614

The notes form part of these financial statements

VALLEYS ANCHOR CIC

Balance sheet statements

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

Name: D.M. Carre
Status: Director

The notes form part of these financial statements

VALLEYS ANCHOR CIC

Notes to the Financial Statements

for the Period Ended 31 March 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 is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Revenue from the sale of goods is recognised when all the following conditions are satisfied: the Company has transferred to the buyer the significant risks and rewards of ownership of the goods; the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; the amount of revenue can be measured reliably; it is probable that the economic benefits associated with the transaction will flow to the Company; and the costs incurred or to be incurred in respect of the transaction can be measured reliably. Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

    Other accounting policies

    Taxation Income tax expense represents the tax currently payable. The tax currently payable is based on taxable profit for the year. Taxable profit differs from the surplus as reported in the income and expenditure account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Trade and other creditors Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

VALLEYS ANCHOR CIC

Notes to the Financial Statements

for the Period Ended 31 March 2026

  • 2. Employees

    2026 2025
    Average number of employees during the period 0 0

VALLEYS ANCHOR CIC

Notes to the Financial Statements

for the Period Ended 31 March 2026

3. Creditors: amounts falling due within one year note

2026 2025
£ £
Taxation and social security 102
Accruals and deferred income 600
Total 600 102

COMMUNITY INTEREST ANNUAL REPORT

VALLEYS ANCHOR CIC

Company Number: 14689749 (England and Wales)

Year Ending: 31 March 2026

Company activities and impact

We are the Community Anchor for groups in the rural area of Kirklees in West Yorkshire best described as the Holme and Colne Valley. Community Anchors are the support system for community organisations and for people involved in running them. This work is commissioned by the local Kirklees Council and money managed in form of mini contracts from our local VCS support agency TSL. Every community has people using their time, energy, motivation and skills to make great things happen in their community. Usually, they are in third sector community organisations as trustees, management committee members, social entrepreneurs or organisers. They may be in paid or volunteer roles. Like the other Community Anchors we share our experience, contacts, knowledge, resources and expertise with other local organisations. We listen to those working in communities and share information. We bringpeople together and help create plans. We help organisations develop, collaborate and influence the decisions that affect their communities. Anchors work in enabling and co-productive ways with those in communities who are organising groups and activities, building on strengths and alliances. As the Lead Anchor in this area we have continued to touch base with the groups and projects we have worked with in the past before we were a formal CIC and also make new connections. In total looking over the last 12 months we have a live case load of over 35 groups we are in touch with 20 of which are new.

Consultation with stakeholders

We operate in a large rural area that contains over ten small rural milltowns and villages. These are very active communities with a few hundred local community groups operating in total. There are 120 community managed buildings alone, many are home to more than one local group. Some of the larger community halls have different groups meeting there every day. These are all our stakeholders as together they represent the diverse range of community organisations in the area and we are commissioned to support them all as best we can. Our job is “Support, Connect and Unite” these groups – so consultation is key to the work we do in terms of connection and most new action is about collaboration – i.e. uniting both groups and other local stakeholders. We aim to create networks of like-minded organisations where we can. In this period, we convened 2 meetings of the Family Together Partnership and organized some People Helping events – we have also attended and spoke at many other local networks and community associations as well as worked with our 2 Parish Councils. All this work involves 2-way discussions as to what the issues are; what the priorities are and what could or should be down to help. We cascade information down and intelligence up. In the current climate the Public Sector is struggling to be proactive in response to many ideas and concerns as they are struggling to run core services, but we look to use the energy and ideas of local groups to make improvement where possible.

Directors' remuneration

As we are still a new emerging organisation a decision was made to only employ freelancers to deliver the few small contracts we have. The payments are made to our directors and other local people. All have other incomes outside of this work. The aggregate amount of emoluments paid to or receivable by directors in respect of qualifying services was in the region of £37.6K out of turnover of £45K. The majority of the contracts we have are for support work done out in the field by the people we commission as freelancers who are mostly our own directors.

Transfer of assets

In this year we did continue support one local group by holding money for them that was raised locally. We have ring fenced money for tree planting in the 26/27 season as part of our carbon set policy. We have also created a small fund to support voluntary activities. Other than that, no transfer of assets other than for full consideration has been made.

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

And signed on behalf of the board by:
Name: David Michael Carre
Status: Director