NORTHERN COMMUNITY POWER COMMUNITY INTEREST COMPANY

Company Registration Number:
07504738 (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

NORTHERN COMMUNITY POWER COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 January 2023

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

NORTHERN COMMUNITY POWER COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 31 January 2023

2023 2022


£

£
Turnover: 11,657 0
Cost of sales: ( 9,669 ) ( 800 )
Gross profit(or loss): 1,988 (800)
Distribution costs: 0 0
Administrative expenses: ( 15 ) ( 15 )
Other operating income: 0 0
Operating profit(or loss): 1,973 (815)
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 1,973 (815)
Tax: ( 395 ) 160
Profit(or loss) for the financial year: 1,578 (655)

NORTHERN COMMUNITY POWER COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 January 2023

Notes 2023 2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 5,231 2,974
Investments:   0 0
Total current assets: 5,231 2,974
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 3 ( 415 ) ( 831 )
Net current assets (liabilities): 4,816 2,143
Total assets less current liabilities: 4,816 2,143
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: ( 821 ) ( 426 )
Accruals and deferred income: ( 700 ) 0
Total net assets (liabilities): 3,295 1,717
Capital and reserves
Called up share capital: 10 10
Share premium account: 0 0
Other reserves: 0 0
Profit and loss account: 3,285 1,707
Total Shareholders' funds: 3,295 1,717

The notes form part of these financial statements

NORTHERN COMMUNITY POWER 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 9 October 2023
and signed on behalf of the board by:

Name: David Hall
Status: Director

The notes form part of these financial statements

NORTHERN COMMUNITY POWER 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

    Other accounting policies

    Not VAT registered, below HMRC threshold;Provision for corporation tax;Confirmation that bad debt provision and depreciation are not applicable as there are no outstanding debtors or fixed assets.

NORTHERN COMMUNITY POWER 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 3 3

    The only employees are three directors, all non-remunerated.

NORTHERN COMMUNITY POWER COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 January 2023

3. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 0 0
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 415 831
Total 415 831

COMMUNITY INTEREST ANNUAL REPORT

NORTHERN COMMUNITY POWER COMMUNITY INTEREST COMPANY

Company Number: 07504738 (England and Wales)

Year Ending: 31 January 2023

Company activities and impact

The principal activity during the year to 31 January 2023 was the delivery of two projects on Tyneside funded by Community Foundation and Regen South West. The projects contributed to alleviation of fuel poverty, raising awareness of community energy and building local community capacity. Efforts to further develop relationships between Northern Community Power, local community centres, owners of potential installation sites and others also continued.Directors continued to explore future opportunities to deliver activity to alleviate fuel poverty and mitigate climate-change, including preparation of applications to access potential grant funding.Directors continue to attend various events to promote awareness of Northern Community Power's work and promote awareness of climate-change and fuel-poverty issues.The development of our relationships with local business as potential hosts for community energy installations is ongoing. We continue to seek opportunities for such installations that ultimately will benefit local communities via a community fund for energy efficiency measures.

Consultation with stakeholders

As noted above the company's principal stakeholders remain the community centres, the users and residential neighbours, particularly in Newcastle east end who form the core of our network. Consequently, the principal consultation during the reporting period was with those stakeholders, who continue to support our work and feed in to plans for the future.

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
8 October 2023

And signed on behalf of the board by:
Name: Craig Woolf
Status: Director