THE VETERANS HUB (IOW) C.I.C.

Company limited by guarantee

Company Registration Number:
13024589 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2021

Period of accounts

Start date: 16 November 2020

End date: 30 November 2021

THE VETERANS HUB (IOW) C.I.C.

Contents of the Financial Statements

for the Period Ended 30 November 2021

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

THE VETERANS HUB (IOW) C.I.C.

Directors' report period ended 30 November 2021

The directors present their report with the financial statements of the company for the period ended 30 November 2021

Directors

The director shown below has held office during the whole of the period from
16 November 2020 to 30 November 2021

Dale Hillier


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
5 August 2022

And signed on behalf of the board by:
Name: Dale Hillier
Status: Director

THE VETERANS HUB (IOW) C.I.C.

Profit And Loss Account

for the Period Ended 30 November 2021

2021


£
Turnover: 15,181
Cost of sales: ( 11,646 )
Gross profit(or loss): 3,535
Administrative expenses: ( 250 )
Operating profit(or loss): 3,285
Profit(or loss) before tax: 3,285
Tax: ( 624 )
Profit(or loss) for the financial year: 2,661

THE VETERANS HUB (IOW) C.I.C.

Balance sheet

As at 30 November 2021

Notes 2021


£
Current assets
Cash at bank and in hand: 8,540
Total current assets: 8,540
Creditors: amounts falling due within one year: 3 ( 5,879 )
Net current assets (liabilities): 2,661
Total assets less current liabilities: 2,661
Total net assets (liabilities): 2,661
Members' funds
Profit and loss account: 2,661
Total members' funds: 2,661

The notes form part of these financial statements

THE VETERANS HUB (IOW) C.I.C.

Balance sheet statements

For the year ending 30 November 2021 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 5 August 2022
and signed on behalf of the board by:

Name: Dale Hillier
Status: Director

The notes form part of these financial statements

THE VETERANS HUB (IOW) C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2021

  • 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

THE VETERANS HUB (IOW) C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2021

  • 2. Employees

    2021
    Average number of employees during the period 0

THE VETERANS HUB (IOW) C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2021

3. Creditors: amounts falling due within one year note

2021
£
Trade creditors 250
Taxation and social security 624
Other creditors 5,005
Total 5,879

COMMUNITY INTEREST ANNUAL REPORT

THE VETERANS HUB (IOW) C.I.C.

Company Number: 13024589 (England and Wales)

Year Ending: 30 November 2021

Company activities and impact

The Veterans Hub (IOW) CIC provides support for the “In need” veterans located within the Isle of Wight Community. We have plans to incorporate a van to allow us to offer our services via a mobile method (Transport etc). We have been purchasing inventory for resale in the form of donations and we have used these funds to renovate “The Hub” which is the property with which we will use as our base to support the local veterans in any way possible.We have benefited the community by providing a safe space for those that are vulnerable. We do not limit our help to only veterans as we also welcome those that wish to discuss their experiences with our local veterans and share their history among other’s to encourage the local community as a whole.We are currently also researching other ways that we can benefit the community and advertise our help further to ensure that we reach the whole of the Isle of Wight.

Consultation with stakeholders

No consultation with stakeholders

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
5 August 2022

And signed on behalf of the board by:
Name: Dale Hillier
Status: Director