Registered number 10715059 Inner Cìty Life Ltd Report and Accounts 30 April 2025 ## Inner City Life Ltd Report and accounts Contents ||Page| |---|---| |Company information|1| |Director's report|1| |Accountants' report|2| |Profit and loss account|2| |Balance sheet|| |Statement of changes in equity|4| |Nates to the accounts|5| ## Inner City Life Ltd Company Information Director Darren Gavin Davey Accountants Business and Accountancy Assist Ltd 3 Fournier House 8 Tenby Street Birmingham B1 3AJ Registered office 6 Well Street Birmingham B19 3BG Registered number 10715059 1 Inner City Life Ltd Registered number: 10715059 Director's Report The director presents his report and acGounts for the year ended 30 April 2025. ## Principal activities The company's principal activity during the year continued to be Other accommodation ## Directors The following persons served as directors during the year: Darren Gavin Davey ## Small company **provisions** This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. This report was approved by the board on 8 April 2026 and signed on its behalf. Darren Gavin Davey Director 2 ## Inner City Life Ltd **Accountants' Report** ## Accountants' repoi1 to the director of Inner City Life Ltd You consider that the company is exempt from an audit for the year ended 30 April 2025. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. l3usiness & Accountancy Assist Ltd 3 F-ournier Flouso, 8 Tenby Street Je.wellery Quarter, Birmingham B1 3AJ /*: 0121 227 6444 Business and Accountancy Assist Ltd Accountants and Tax Advisors 3 Fournier House 8 Tenby Street Birmingham B1 3AJ 8 April 2026 Inner City Life Ltd Profit and Loss Account for the year ended 30 April 2025 |Income
Direct Costs
Gross profit
Administrative expenses
Operatingprofit
Profit before taxation
Tax on profit
Profit for the financial year||2025
433,654
(321,613)| |---|---|---| |||112,041
(98,854)| |||13,187| |||13,187| |||13,187| ``` 4 ``` Inner City Life Ltd Registered number: 10715059 Balance Sheet as at 30 April 2025 |Notes
Current assets
Restricted Reserves
3
Cash at bank - Unrestricted
Reserves
**Creditors:**amounts falling due
within one year
4
Net current assets
Total assets less current
liabilities
**Creditors: amounts falling due**
after more than one year
5
Net assets
Capital and reserves
Profit and loss account
Shareholder's funds||2,750
26,986|2,750
26,986|2020

21,862| |---|---|---|---|---| |||
29,736
(7,874)|
|| |||||| |||||21,862| |||||21,862| |||||
21,862| |||||21,862| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies API 2006. The member has not required the company to obtain an audit in accordance with section 476 of the Act. The director acknowledges his responsibilitieG for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. Darren Gavin Davey Director Approved by the board on 8 April 2026 5 ## Inner City Life Ltd Statement of Changes in Equity for the year ended 30 April 2025 |At 1 May 2023
Profit for the financial year
At 30 April 2024
At 1 May 2024
Profit for the financial year
At 30 April 2025|Share
capital
-
-
-
-|Share
premium
|Share
premium
|Re-
valuation
reserve
-
-
-|Profit
and loss
account
(9,178)
17,853
8,675
8,675
13,187
21,862||Total
(9,178)
17,853| |---|---|---|---|---|---|---|---| ||||||||8,675| ||||-
-||||8,675
13,187| ||||||||21,862| ``` 6 ``` ## Inner City Life Ltd **Notes to the Accounts** for the year ended 30 April 2025 ## **1 Accounting policies** ## _Basis of preparation_ The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). ## _**Turnover**_ Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. ## _Intangible fixed assets_ Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses. ## **Fang/d/e** _fixed_ assets Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: Freehold buildings over 50 years Leasehold land and buildings over the lease term Plant and machinery over 5 years Fixtures, fittings, tools and equipment over 5 years ## _Investments_ Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account. Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised. ## Oe6fors Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. 7 ## Inner City Life Ltd Notes to the Accounts for the year ended 30 April 2025 ## _**Creditors**_ Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. ## _**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 aGset is used. Current and deferred tax assets and liabilities are not discounted. ## _Provisions_ Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. ## _Foreign currency translation_ Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical CoGt are translated at the rate ruling at the date of the transaction. AU differences are charged to profit or loss. ## _Leased assets_ A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability, Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated ovar the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term. ## **Pens/ons** Contributions to defined contribution plans are expensed in the period to which they relate. 2 Employees 2025 **Number** 8 ## Inner City Life Ltd ## Notes to the Accounts for the year ended 30 April 2026 |Average number of persons employed by the company
3
Debtors
RestrictedReserves
4
**Creditors:**amounts falling due wlthin one year
Taxation and social security costs
5
Creditors: amounts falling due after one year
Other creditors|1| |---|---| ||**2025**
2,750| ||
**2025**
7,874| ||
2025| ## **6 Other information** Inner City Life Ltd is a private company limited by shares and incorporated in England. Its registered office is: 6 Well Street Birmingham BI 9 3BG 9 ## Inner City Life Ltd Detailed profit and loss account for the year ended 30 April 2025 _This schedule does not form part of the statutory accounts_ |Income
Direct Costs
Gross profit
Administrativeexpenses
Operating profit
Profit before tax|||2025
433,654
(321,613)| |---|---|---|---| ||||112,041
(98,854)| ||||13,187
13,187| 10 ## Inner City Life Ltd Detailed profit and loss account for the year ended 30 April 2025 _This schedule does not form pad of the statutory accounts_ |**Income**
Grants/Donations
Direct Costs
Other direct costs
Administrative expenses
Employee costs:
Wages and salaries
Employer's NI
Temporary staff and recruitment
Premises costs:
Rent
Rates
General administrative expenses:
Bank charges
Equipmentexpensed
Legal and professional costs:
Accountancy fees
Other legal and professional|||**2025**
433,654
321,613
24,791
1,g47
5,077
31,515
23,000
15,493
38,493
14
320
334
900
27,612
28,512
98,854| |---|---|---|---| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ||||| ## lnner City Llfe ## Accounts Guide |Name of Company :|Inner Clty Life| |---|---| |Charities Commission Registration number|117ss4g| |Company's Registered Address :|6 Well Street, Birmingham, England, B18 3BG| |Accounts for the year :|May 01,2024 - April 30,2025| |Brief statement aboul the Company's reserves at bank :|Inner City Life have made a surpus of £13,187| ||for the ye 30 April 2025 and the bank has a surplus of £28,738| ||for working capital purposes.| |Further Financial review Details :|| |The Company's principal sources of funds :|The main source of funding for Company this year| ||has been donations from local people and companles and grants.| |Company's maln areas of expendtture_'_|Most of the available funds are allocated to the| ||Company's premises expenes and staff wages. volunteer expenses.| |Company Annual accounts made by :|independent Examiner| |Name of tha independent examiner :|Business & Accountancy Assist Ltd| ||T Mahmood.| ||JSe,
Jevvelle p@Ua
Y 9sist Ltd
8Fib}/ Street
BI 3AJ
rter, BÏrlziingham| ||T: 01/1 227 6441| ## **Independent Examiner's Report to the Trustees of Inner City Life** Charity number: 1178849 Year ended: 30 April 2025 I report to the trustees on my examination of the accounts of Inner City Life for the year ended 30 April 2025. ## **Responsibilities and Basis of Report** As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act“). I report in respect of my examination of the charity's accounts carried out under section 145 of the Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(bj of the Act. ## **Independent Examiner's Statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that: 1. Accounting records were not kept in respect of the charity as required by section 130 of the Act; or 2. The accounts do not accord with those records; or 3. The accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. ## **Examiner's Signature:** Name: Taher Mahmood on behalf of Business and Accountancy Assist Ltd ## Relevant **PFofessionaI Qualification or Body** : Institute of Chartered Practising Accountants (ICPA) **Address:** 3 Fournier House, 8 Tenby Street, Birmingham, B1 3AJ Date. 28 April 2026.