AGEABLE CIC

Company limited by guarantee

Company Registration Number:
13142189 (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

AGEABLE CIC

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

AGEABLE CIC

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

The principal activity of the company is using design (service, system, product and communication) to improve the current organisations that provide services to people as they age.



Directors

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

Alice Osborne


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
1 March 2023

And signed on behalf of the board by:
Name: Alice Osborne
Status: Director

AGEABLE CIC

Profit And Loss Account

for the Period Ended 31 January 2023

2023 2022


£

£
Turnover: 11,088 32,566
Cost of sales: ( 4,548 ) ( 2,987 )
Gross profit(or loss): 6,540 29,579
Distribution costs: 0 0
Administrative expenses: ( 14,083 ) ( 18,101 )
Operating profit(or loss): (7,543) 11,478
Profit(or loss) before tax: (7,543) 11,478
Tax: 1,433 ( 2,181 )
Profit(or loss) for the financial year: (6,110) 9,297

AGEABLE CIC

Balance sheet

As at 31 January 2023

Notes 2023 2022


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Debtors: 3 1,832 2,200
Cash at bank and in hand: 3,911 12,762
Total current assets: 5,743 14,962
Creditors: amounts falling due within one year: 4 ( 2,556 ) ( 5,665 )
Net current assets (liabilities): 3,187 9,297
Total assets less current liabilities: 3,187 9,297
Total net assets (liabilities): 3,187 9,297
Members' funds
Profit and loss account: 3,187 9,297
Total members' funds: 3,187 9,297

The notes form part of these financial statements

AGEABLE 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 1 March 2023
and signed on behalf of the board by:

Name: Alice Osborne
Status: Director

The notes form part of these financial statements

AGEABLE 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

AGEABLE CIC

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 1 1

AGEABLE CIC

Notes to the Financial Statements

for the Period Ended 31 January 2023

3. Debtors

2023 2022
£ £
Prepayments and accrued income 300 2,200
Other debtors 1,532
Total 1,832 2,200

AGEABLE CIC

Notes to the Financial Statements

for the Period Ended 31 January 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 866
Taxation and social security 3,410
Other creditors 1,690 2,255
Total 2,556 5,665

COMMUNITY INTEREST ANNUAL REPORT

AGEABLE CIC

Company Number: 13142189 (England and Wales)

Year Ending: 31 January 2023

Company activities and impact

The company runs Ageable CIC, and has used design (service, system,product and communication) to improve the current organisations that provideservices to people as they age. The company's activities are firmly focussedon maintaining people's quality of life as they age and continue to be.Through our collaborations over this period with 3 projects, with clientsincluding National Trust, Care Lab, GeandNanny all of which have beeneager to understand how they can create better systems, products, places,services embedding greater care and access to older adults especiallythose living with dementia and their carers.People will benefit by being able to:Have access to well designed systems, services and products.Have influence in decisions and ideas that impact their well-being.Have autonomy & choice for the decisions we make as we age.

Consultation with stakeholders

The company stakeholders are people who will be using some of theservices we have helped to design, we have also at every opportunityinvolved the community, older adults in the process through inviting them intodesign research and design workshops. We also work together with keystakeholders depending on the piece of work to co-design new services thataim to improve our lives as we age.At the end of projects we are asking collaborators about how theirexperience has been of working with us, and the impact it has had on theirprojects. This helps us to get a sense of the needs of different collaboratorsand any ideas as they have to improve the way we support them.

Directors' remuneration

The number of emoluments paid to or receivable by the director in respectof qualifying services was a salary of £40 per hour. This is evidenced inthe accounts submitted to Companies House & HMRC.There were no other transactions or arrangements in connection with theremuneration 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
1 March 2023

And signed on behalf of the board by:
Name: Alice Osborne
Status: Director