MY ECO BABY COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
12388018 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2023

Period of accounts

Start date: 1 February 2022

End date: 31 January 2023

MY ECO BABY COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 January 2023

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

MY ECO BABY COMMUNITY INTEREST COMPANY

Directors' report period ended 31 January 2023

The directors present their report with the financial statements of the company for the period ended 31 January 2023

Principal activities of the company

It has three primary purposes which are to;Reduce used clothing and baby items going into landfillProvide affordable good quality clothes, toys and equipment for sale in the shop.Provide support in the community to meet its social purpose.Receiving donations of baby and children’s clothes, toys and equipment. These are cleaned and repaired before being displayed for sale in the shop or passed to other organisations to be distributed to those in need. Accepting donations of nappies, baby formula, sanitary products etc that are passed to customers in need and out to community initiatives. Everything for sale within the shop seeks to be affordable. Struggling families, those fleeing domestic violence and others suffering trauma are given free items within the store or these are sent out as emergency packs. It provides children’s and adult books free of charge to customers. Also a comfortable space for children to read and play with their Carers. The shop runs free activities for families such as arts and crafts, treasure hunts, soft play ,dress up, storytime and disco’s.A community food pantry is available within the shop. A non judgemental approach is given enabling those who are in need of food basics to help themselves to necessities. Alongside this there is a space for those who are struggling to help themselves to nappies, baby food, toiletries and sanitary products.It provides a safe environment for chest feeding and a free baby weighing space. It also seeks to signpost families to other organisations and services that will support them.The CIC also provides a safe environment for families to shop for their ‘Reborn Babies’. These families use the babies as therapy dolls and often do not feel safe shopping in town centres. A safe environment is also provided for people to remember their loved ones on National Baby Loss week.



Directors

The director shown below has held office during the whole of the period from
1 February 2022 to 31 January 2023

Catherine Medley-Thomas


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
20 September 2023

And signed on behalf of the board by:
Name: Catherine Medley-Thomas
Status: Director

MY ECO BABY COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 31 January 2023

2023 2022


£

£
Turnover: 54,044 38,320
Cost of sales: 0 0
Gross profit(or loss): 54,044 38,320
Administrative expenses: ( 49,147 ) ( 25,732 )
Operating profit(or loss): 4,897 12,588
Interest receivable and similar income: 600
Profit(or loss) before tax: 5,497 12,588
Tax: ( 1,233 ) ( 2,667 )
Profit(or loss) for the financial year: 4,264 9,921

MY ECO BABY COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 January 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 12,474 9,488
Total fixed assets: 12,474 9,488
Current assets
Debtors: 4 159
Cash at bank and in hand: 4,691 4,361
Total current assets: 4,850 4,361
Creditors: amounts falling due within one year: 5 ( 1,787 ) ( 2,816 )
Net current assets (liabilities): 3,063 1,545
Total assets less current liabilities: 15,537 11,033
Provision for liabilities: ( 637 ) ( 397 )
Total net assets (liabilities): 14,900 10,636
Members' funds
Profit and loss account: 14,900 10,636
Total members' funds: 14,900 10,636

The notes form part of these financial statements

MY ECO BABY COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 31 January 2023 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 4 October 2023
and signed on behalf of the board by:

Name: Catherine Medley-Thomas
Status: Director

The notes form part of these financial statements

MY ECO BABY COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 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

MY ECO BABY COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

MY ECO BABY COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 January 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 February 2022 2,213 440 9,250 11,903
Additions 2,574 0 11,400 13,974
Disposals ( 9,250 ) ( 9,250 )
Revaluations
Transfers
At 31 January 2023 4,787 440 11,400 16,627
Depreciation
At 1 February 2022 345 220 1,850 2,415
Charge for year 1,198 110 2,280 3,588
On disposals ( 1,850 ) ( 1,850 )
Other adjustments
At 31 January 2023 1,543 330 2,280 4,153
Net book value
At 31 January 2023 3,244 110 9,120 12,474
At 31 January 2022 1,868 220 7,400 9,488

MY ECO BABY COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 January 2023

4. Debtors

2023 2022
£ £
Trade debtors 159
Total 159

MY ECO BABY COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 January 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Taxation and social security 1,007 2,396
Accruals and deferred income 780 420
Total 1,787 2,816

MY ECO BABY COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 January 2023

6. Loans to directors

Name of director receiving advance or credit: Catherine Medley-Thomas
Description of the transaction:
advanced amount for bill
£
Balance at 31 January 2022 159
Advances or credits made:
Advances or credits repaid:
Balance at 31 January 2023 159

COMMUNITY INTEREST ANNUAL REPORT

MY ECO BABY COMMUNITY INTEREST COMPANY

Company Number: 12388018 (England and Wales)

Year Ending: 31 January 2023

Company activities and impact

My Eco Baby CIC is far more than just retail premises. The stock comes from donations of baby and childrens clothes, toys and equipment. These are cleaned and repaired before being displayed for sale in the shop or passed to other organisations to be distributed to those in need. In addition My Eco Baby accepts donations of nappies, baby formula, sanitary products etc that are passed to customers in need and out to community initiatives.Everything for sale within the shop seeks to be affordable. Struggling families, those fleeing domestic violence and others suffering trauma are given free items within the store or these are sent out as emergency packs. It provides children’s and adult books free of charge to customers. Also a comfortable space for children to read and play with their Carers. The shop runs free activities for families such as arts and crafts, treasure hunts, soft play,dress up, storytime and disco’s.A community food pantry is available within the shop. A non judgemental approach is given enabling those who are in need of food basics to help themselves to necessities. Alongside this there is a space for those who are struggling to help themselves to nappies, baby food, toiletries and sanitary products.My Eco Baby shop has also acted as a collection point for Renewi's cloth nappy scheme. It provides a safe environment for chest feeding and a free baby weighing space. It also seeks to signpost families to other organisations and services that will support them.The CIC also provides a safe environment for families to shop for their ‘Reborn Babies’. These families use the babies as therapy dolls and often do not feel safe shopping in town centres. A safe environment is also provided for people to remember their loved ones on National Baby Loss week.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

The total amount paid was £25,200.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
20 September 2023

And signed on behalf of the board by:
Name: Catherine Medley-Thomas
Status: Director