ERYA CIC

Company limited by guarantee

Company Registration Number:
09868069 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2021

Period of accounts

Start date: 1 December 2020

End date: 30 November 2021

ERYA CIC

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

ERYA CIC

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 directors shown below have held office during the whole of the period from
1 December 2020 to 30 November 2021

Mrs S Barnett
Ms D Thomas
Mr S Gillham


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
12 July 2022

And signed on behalf of the board by:
Name: Mrs S Barnett
Status: Director

ERYA CIC

Profit And Loss Account

for the Period Ended 30 November 2021

2021 2020


£

£
Turnover: 41,352 41,400
Cost of sales: ( 15,286 ) ( 10,451 )
Gross profit(or loss): 26,066 30,949
Administrative expenses: ( 31,406 ) ( 21,880 )
Other operating income: 2
Operating profit(or loss): (5,338) 9,069
Profit(or loss) before tax: (5,338) 9,069
Tax: ( 678 )
Profit(or loss) for the financial year: (5,338) 8,391

ERYA CIC

Balance sheet

As at 30 November 2021

Notes 2021 2020


£

£
Fixed assets
Tangible assets: 3 10,157 0
Total fixed assets: 10,157 0
Current assets
Debtors: 4 12,980 2,392
Cash at bank and in hand: 9,632 37,099
Total current assets: 22,612 39,491
Creditors: amounts falling due within one year: 5 ( 209 ) ( 1,218 )
Net current assets (liabilities): 22,403 38,273
Total assets less current liabilities: 32,560 38,273
Creditors: amounts falling due after more than one year: 6 ( 35,076 ) ( 35,449 )
Total net assets (liabilities): (2,516) 2,824
Members' funds
Profit and loss account: (2,516) 2,824
Total members' funds: ( 2,516) 2,824

The notes form part of these financial statements

ERYA CIC

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 12 July 2022
and signed on behalf of the board by:

Name: Mrs S Barnett
Status: Director

The notes form part of these financial statements

ERYA CIC

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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable for goods supplied, netof discounts and Value Added Tax.Revenue from the sale of goods is recognised when the significant risks and rewards of ownership havetransferred to the buyer, usually on despatch of the goods; the amount of revenue can be measuredreliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurredor to be incurred in respect of the transactions can be measured reliably.

    Tangible fixed assets depreciation policy

    Tangible assets are initially measured at cost, and are subsequently measured at cost less anyaccumulated depreciation and accumulated impairment losses or at a revalued amount.Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluationless any subsequent accumulated depreciation and subsequent accumulated impairment losses.An increase in the carrying amount of an asset as a result of a revaluation is recognised in othercomprehensive income and accumulated in capital and reserves. However, the increase is recognisedin profit or loss to the extent that it reverses a revaluation decrease of the same asset previouslyrecognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluationis recognised in other comprehensive income to the extent of any previously recognised revaluationincrease accumulated in capital and reserves. If a revaluation decrease exceeds the accumulatedrevaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognisedin profit or loss.

    Valuation information and policy

    IMPAIRMENTA review for indicators of impairment is carried out at each reporting date, with the recoverable amountbeing estimated where such indicators exist. Where the carrying value exceeds the recoverable amount,the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at eachreporting date.

    Other accounting policies

    BASIS OF PREPARATIONThe financial statements have been prepared on the historical cost basis, as modified by the revaluationof certain assets.The financial statements are prepared in sterling, which is the functional currency of the companyCURRENT TAXCurrent tax is recognised on taxable profit for the current and past periods. Current tax is measured atthe amounts of tax expected to pay or recover using the tax rates and laws that have been enacted orsubstantively enacted at the reporting date.FINANCIAL INSTRUMENTSA financial asset or a financial liability is recognised only when the entity becomes a party to thecontractual provisions of the instrument.Basic financial instruments are initially recognised at the transaction price and are subsequentlymeasured as follows: Debt instruments are subsequently measured at amortised cost and commitmentsto receive a loan and to make a loan to another entity are subsequently measured at amortised cost.Where investments in non-convertible preference shares and non-puttable ordinary shares or preferenceshares are publicly traded or their fair value can otherwise be measured reliably, the investment issubsequently measured at fair value with changes in fair value recognised in profit or loss. All othersuch investments are subsequently measured at cost less impairment.All other financial instruments, including derivatives, are initially recognised at fair value, whichis normally the transaction price and are subsequently measured at fair value, with any changesrecognised in profit or loss.Financial assets that are measured at cost or amortised cost are reviewed for objective evidence ofimpairment at the end of each reporting date. If there is objective evidence of impairment, an impairmentloss is recognised in profit or loss immediately.All equity instruments regardless of significance, and other financial assets that are individuallysignificant, are assessed individually for impairment. Other financial assets or either assessedindividually or grouped on the basis of similar credit risk characteristics.Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversaldoes not result in a carrying amount of the financial asset that exceeds what the carrying amount wouldhave been had the impairment not previously been recognised.

ERYA CIC

Notes to the Financial Statements

for the Period Ended 30 November 2021

  • 2. Employees

    2021 2020
    Average number of employees during the period 3 3

ERYA CIC

Notes to the Financial Statements

for the Period Ended 30 November 2021

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 December 2020 3,640 3,640
Additions 12,697 12,697
Disposals
Revaluations
Transfers
At 30 November 2021 16,337 16,337
Depreciation
At 1 December 2020 3,640 3,640
Charge for year 2,540 2,540
On disposals
Other adjustments
At 30 November 2021 6,180 6,180
Net book value
At 30 November 2021 10,157 10,157
At 30 November 2020 0 0

ERYA CIC

Notes to the Financial Statements

for the Period Ended 30 November 2021

4. Debtors

2021 2020
£ £
Trade debtors 12,980 2,392
Total 12,980 2,392

ERYA CIC

Notes to the Financial Statements

for the Period Ended 30 November 2021

5. Creditors: amounts falling due within one year note

2021 2020
£ £
Taxation and social security 209 808
Other creditors 410
Total 209 1,218

ERYA CIC

Notes to the Financial Statements

for the Period Ended 30 November 2021

6. Creditors: amounts falling due after more than one year note

2021 2020
£ £
Bank loans and overdrafts 19,627 20,000
Other creditors 15,449 15,449
Total 35,076 35,449

COMMUNITY INTEREST ANNUAL REPORT

ERYA CIC

Company Number: 09868069 (England and Wales)

Year Ending: 30 November 2021

Company activities and impact

ERYA delivered various activities from November 2020/21. The activities have neen Advocacy, Learning Training and Development (including Supervisions).Additional monies have been spent on providing Community Advocacy to groups to support with things such as forms and signposting.Our work continues to benefit Learning Disability Communities by building on the principles of the Care Act - which after Covid is even more important.

Consultation with stakeholders

ERYA has a sterring group which meets every 6 months. There are 12 members all of whom have accessed services and considered a "Vulnerable Adult".In addition to this we have set up 2 advocacy groups which co-design training packages with and who raise any issues.We also, through our work as Facilitators and Advocacy, talk to the Health and Social Care sector and participate in appropriate groups such as CASCHLP (Cornwall Adult Social Care and Health Learning Partnership). This has been a realy useful way of identifying need in the sector and feeding it back to commisioners and providers.

Directors' remuneration

Directors remuneration of £20,195 was paid during the year.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
12 July 2022

And signed on behalf of the board by:
Name: Samantha Barnett
Status: Director