TUXCHANGE CIC

Company limited by guarantee

Company Registration Number:
13860224 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2023

Period of accounts

Start date: 20 January 2022

End date: 31 January 2023

TUXCHANGE CIC

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

TUXCHANGE CIC

Profit And Loss Account

for the Period Ended 31 January 2023

2023


£
Turnover: 1,792
Cost of sales: ( 428 )
Gross profit(or loss): 1,364
Distribution costs: 0
Administrative expenses: 0
Other operating income: 0
Operating profit(or loss): 1,364
Interest receivable and similar income: 0
Interest payable and similar charges: 0
Profit(or loss) before tax: 1,364
Tax: 0
Profit(or loss) for the financial year: 1,364

TUXCHANGE CIC

Balance sheet

As at 31 January 2023

Notes 2023


£
Fixed assets
Intangible assets:   0
Tangible assets: 3 110
Investments:   0
Total fixed assets: 110
Current assets
Stocks:   0
Debtors:   0
Cash at bank and in hand: 1,200
Investments:   0
Total current assets: 1,200
Prepayments and accrued income: 0
Creditors: amounts falling due within one year:   0
Net current assets (liabilities): 1,200
Total assets less current liabilities: 1,310
Creditors: amounts falling due after more than one year:   0
Provision for liabilities: 0
Accruals and deferred income: 0
Total net assets (liabilities): 1,310
Members' funds
Profit and loss account: 1,310
Total members' funds: 1,310

The notes form part of these financial statements

TUXCHANGE CIC

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 7 October 2023
and signed on behalf of the board by:

Name: Nicola Jayne Tucker
Status: Director

The notes form part of these financial statements

TUXCHANGE CIC

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

TUXCHANGE CIC

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 2. Employees

    2023
    Average number of employees during the period 1

TUXCHANGE CIC

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 £ £ £ £ £ £
Additions 0 0 110 0 0 110
Disposals 0 0 0 0 0 0
Revaluations 0 0 0 0 0 0
Transfers 0 0 0 0 0 0
At 31 January 2023 0 0 110 0 0 110
Depreciation
Charge for year 0 0 0 0 0 0
On disposals 0 0 0 0 0 0
Other adjustments 0 0 0 0 0 0
At 31 January 2023 0 0 0 0 0 0
Net book value
At 31 January 2023 0 0 110 0 0 110

COMMUNITY INTEREST ANNUAL REPORT

TUXCHANGE CIC

Company Number: 13860224 (England and Wales)

Year Ending: 31 January 2023

Company activities and impact

Approximately 500- 600 items of good quality pre-loved school uniform were provided to families, for free, within Newbury and Thatcham , Berkshire.This enabled many children to attend school in regulation uniform, enabling them to feel a sense of belonging and not stand out because they are not in the correct items - children are often put into detention for not complying with uniform rules. This also included a large number of refugee families.I was informed by the West Berkshire Food bank that many families, during the summer holidays, have to make the difficult choice between food and uniform. This service has helped ease that burden.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

Fuel, printing and equipment costs were paid for by the CEO. These costs were paid back where possible.Total costs were £444.22 - money returned £269.89 No salary or other costs are paid

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
7 October 2023

And signed on behalf of the board by:
Name: Nicola Jayne Tucker
Status: Director