JESSE'S PLACE FOUNDATION CIC

Company limited by guarantee

Company Registration Number:
13056877 (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

JESSE'S PLACE FOUNDATION CIC

Contents of the Financial Statements

for the Period Ended 31 December 2022

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

JESSE'S PLACE FOUNDATION CIC

Profit And Loss Account

for the Period Ended 31 December 2022

2022 13 months to 31 December 2021


£

£
Administrative expenses: ( 17,695 ) ( 1,202 )
Other operating income: 17,837 544
Operating profit(or loss): (306) (658)
Profit(or loss) before tax: (306) (658)
Profit(or loss) for the financial year: (306) (658)

JESSE'S PLACE FOUNDATION CIC

Balance sheet

As at 31 December 2022

Notes 2022 13 months to 31 December 2021


£

£
Fixed assets
Tangible assets: 3 983 199
Total fixed assets: 983 199
Current assets
Cash at bank and in hand: 5,983 11,851
Total current assets: 5,983 11,851
Creditors: amounts falling due within one year: 4 ( 7,330 ) ( 12,395 )
Net current assets (liabilities): (1,347) (544)
Total assets less current liabilities: (364) ( 345)
Accruals and deferred income: ( 600 ) ( 313 )
Total net assets (liabilities): (964) (658)
Members' funds
Profit and loss account: (964) ( 658)
Total members' funds: ( 964) (658)

The notes form part of these financial statements

JESSE'S PLACE FOUNDATION CIC

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.

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

Name: Felicia Folarin-Ogunde
Status: Director

The notes form part of these financial statements

JESSE'S PLACE FOUNDATION CIC

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

JESSE'S PLACE FOUNDATION CIC

Notes to the Financial Statements

for the Period Ended 31 December 2022

  • 2. Employees

    2022 13 months to 31 December 2021
    Average number of employees during the period 7 0

JESSE'S PLACE FOUNDATION CIC

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2022 199 199
Additions 1,000 1,000
Disposals
Revaluations
Transfers
At 31 December 2022 1,199 1,199
Depreciation
At 1 January 2022 0 0
Charge for year 216 216
On disposals
Other adjustments
At 31 December 2022 216 216
Net book value
At 31 December 2022 983 983
At 31 December 2021 199 199

JESSE'S PLACE FOUNDATION CIC

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Creditors: amounts falling due within one year note

2022 13 months to 31 December 2021
£ £
Trade creditors 2,440
Other creditors 4,890 12,395
Total 7,330 12,395

COMMUNITY INTEREST ANNUAL REPORT

JESSE'S PLACE FOUNDATION CIC

Company Number: 13056877 (England and Wales)

Year Ending: 31 December 2022

Company activities and impact

The company's activities includes the delivery of "active play" sessions for children and young people between the ages of 8 and 25 years old with Special Education Needs and Disabilities (SEND). The "Active Play" activities of the CIC includes use of large multipurpose indoor and outdoor areas, stimulating games and skill building activities to provide enrichment and entertainment activities for these children and young persons. The company began operational business activities during the year under review, and collaborated with the boroughs/councils to deliver the Holiday Activities and Food (HAF) program.

Consultation with stakeholders

The company’s stakeholders are parents, children and young persons served during the various play sessions arranged and delivered regularly, especially those located in Bexley and Greenwich and surrounding areas.The directors of the company have interacted actively and consistently in different engagement forum for a number of years previously and currently, and they continue to engage and manage stakeholders during the company's activities.

Directors' remuneration

The total amount paid to directors in respect of qualifying services during the period was £2,380.There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.

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: Felicia Folarin-Ogunde
Status: Director