CONSTRUCTIVEWAY C.I.C.

Company limited by guarantee

Company Registration Number:
12377235 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2022

Period of accounts

Start date: 1 January 2022

End date: 31 December 2022

CONSTRUCTIVEWAY C.I.C.

Contents of the Financial Statements

for the Period Ended 31 December 2022

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

CONSTRUCTIVEWAY C.I.C.

Balance sheet

As at 31 December 2022

Notes 2022 2021


£

£
Fixed assets
Intangible assets: 3 2,300 2,300
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 2,300 2,300
Current assets
Stocks: 4 2,000 2,000
Debtors:   0 0
Cash at bank and in hand: 695 3,617
Investments:   0 0
Total current assets: 2,695 5,617
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 5 ( 2,922 ) ( 2,922 )
Net current assets (liabilities): (227) 2,695
Total assets less current liabilities: 2,073 4,995
Creditors: amounts falling due after more than one year: 6 ( 1,460 ) ( 4,382 )
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 613 613
Members' funds
Profit and loss account: 613 613
Total members' funds: 613 613

The notes form part of these financial statements

CONSTRUCTIVEWAY C.I.C.

Balance sheet statements

For the year ending 31 December 2022 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 30 September 2023
and signed on behalf of the board by:

Name: Juraj Vysvader
Status: Director

The notes form part of these financial statements

CONSTRUCTIVEWAY C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2022

  • 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

CONSTRUCTIVEWAY C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2022

  • 2. Employees

    2022 2021
    Average number of employees during the period 0 0

CONSTRUCTIVEWAY C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 January 2022 0 2,300 2,300
Additions 0 0 0
Disposals 0 0 0
Revaluations 0 0 0
Transfers 0 0 0
At 31 December 2022 0 2,300 2,300
Amortisation
At 1 January 2022 0 0 0
Charge for year 0 0 0
On disposals 0 0 0
Other adjustments 0 0 0
At 31 December 2022 0 0 0
Net book value
At 31 December 2022 0 2,300 2,300
At 31 December 2021 0 2,300 2,300

CONSTRUCTIVEWAY C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Stocks

2022 2021
£ £
Stocks 2,000 2,000
Payments on account 0 0
Total 2,000 2,000

CONSTRUCTIVEWAY C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2022

5. Creditors: amounts falling due within one year note

2022 2021
£ £
Bank loans and overdrafts 2,922 2,922
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 0 0
Accruals and deferred income 0 0
Other creditors 0 0
Total 2,922 2,922

CONSTRUCTIVEWAY C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2022

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

2022 2021
£ £
Bank loans and overdrafts 1,460 4,382
Amounts due under finance leases and hire purchase contracts 0 0
Other creditors 0 0
Total 1,460 4,382

COMMUNITY INTEREST ANNUAL REPORT

CONSTRUCTIVEWAY C.I.C.

Company Number: 12377235 (England and Wales)

Year Ending: 31 December 2022

Company activities and impact

In 2022, Constructiveway had working only on closed source software development (mostly automation) that addresses special needs of disabled persons, office workflow, and social media data-mining (for fundraising-related marketing and data-science - analytics, visualizations, and networks, knowledge graphs in focus of political populism, disability hate crimes, and discrimination). So, at the same during consequent 9 months in 2023. The market value of software development can rarely project under 50k per a small project (not a yearly work) whereas large software can cost up to a few hundreds of millions. To compare volunteering-powered Constructiveway to big teams of 20-60 developers working on full-time for 80k/year, the usual delivery time in this industry is 0.2-1 year and for multiple fields of software development between 1-5 years. Constructiveway can't hire a team of software engineers or computer scientists because cost 3-6 times more than usual staff. Therefore, to hold volunteers therefore, from the start of 2022, each product published always was/is a pure ownership of its author - a volunteer whereas Constructiveway acts mostly as a publisher. So far, Constructiveway has never received a single penny either from donations (from anyone except for the director) or grants including innovative, development, COVID-19, and other schemes received by private Ltd software companies (tens of thousands to millions). Therefore, we'd never been offering anything "free of charge" and we suspect that the only one current software developer might be a target of software piracy (via a hacked personal computer, perhaps, via a hardware level). Can't prove even that it happened, just see that some of personal files were stolen/leaked such as private business plans. Obviously, none wonders if neither customers nor developers keep carrying on the same as before if they know that someone watches them. In an expectable safety-conscious manner, Constructiveway had to timely delete centralized server data and take a closer move to blockchain technologies, works on novelty integrations of decentralized identities (https://www.w3.org/TR/did-core/), decentralized self-managed data, and connectivity via zero-knowledge networks (blockchain and Tor). To prevent data breaches, Constructiveway had to cancel/scrap its online services (SaaS) and original assistants for physically disabled people as well as anything else that integrated centralized remote logins, passwords, personal info, bio-metrics (voice control, face recognition and eyes-tracking, etc), and other sensitive data yet before it could get the users.

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
30 September 2023

And signed on behalf of the board by:
Name: Juraj Vysvader
Status: Director