for the Period Ended 31 March 2023
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 March 2023
Principal activities of the company
Additional information
STATEMENT OF DIRECTORS' RESPONSIBILITIESThe directors are responsible for preparing the Report of the Directors and the financial statements in accordance with applicable law and regulations.Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the surplus or deficit of the company for that period. In preparing these financial statements, the directors are required to:- select suitable accounting policies and then apply them consistently;- make judgements and accounting estimates that are reasonable and prudent;- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company willcontinue in business.The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company'stransactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.
Directors
The director shown below has held office during the whole of the period from
1 November 2021 to 31 March 2023
The directors shown below have held office during the period of
27 January 2022 to 31 March 2023
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
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
17 months to 31 March 2023 | 2021 | |
---|---|---|
| £ | £ |
Turnover: | | |
Cost of sales: | ( | ( |
Gross profit(or loss): | | |
Distribution costs: | | |
Administrative expenses: | ( | ( |
Other operating income: | | |
Operating profit(or loss): | | |
Interest receivable and similar income: | | |
Interest payable and similar charges: | | |
Profit(or loss) before tax: | | |
Tax: | | |
Profit(or loss) for the financial year: | | |
As at
Notes | 17 months to 31 March 2023 | 2021 | |
---|---|---|---|
| £ | £ | |
Fixed assets | |||
Intangible assets: | | | |
Tangible assets: | | | |
Investments: | | | |
Total fixed assets: | | | |
Current assets | |||
Stocks: | | | |
Debtors: | | | |
Cash at bank and in hand: | | | |
Investments: | | | |
Total current assets: | | | |
Prepayments and accrued income: | | | |
Creditors: amounts falling due within one year: | | | |
Net current assets (liabilities): | | | |
Total assets less current liabilities: | | | |
Creditors: amounts falling due after more than one year: | | | |
Provision for liabilities: | | | |
Accruals and deferred income: | ( | ( | |
Total net assets (liabilities): | | | |
Members' funds | |||
Profit and loss account: | | | |
Total members' funds: | | |
The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 March 2023
Basis of measurement and preparation
Turnover policy
for the Period Ended 31 March 2023
17 months to 31 March 2023 | 2021 | |
---|---|---|
Average number of employees during the period | | |
We have continued this year alleviating the heavy traffic, and pollution from kerosene deliveries, with a community oil buying scheme. Adding to this relief for the 12 local villages which participate benefit from a Club dividend that supports local initiatives. This year the scheme has been particularly critical in ensuring members have not faced too much disruption over supply difficulties.We have continued collecting and recycling aluminium cans, with the local adventure playground receiving a financial benefit from their metal value.This year SeSaME CIC finalised the RECF Stage 1 funded'energy map' of the village, helping the village move to low carbon energy sources after a successful application for a RCEF Stage 1 grant. After successful application for a substantial RCEF Stage 2 grant we are currently exploring the feasibility of replacing the Oil heating of a local horticultural business with a combined Water Source Heat pump and 250k wind turbine system. Key to this process will be the launch of Evesham Vale Energy Renewables - EVER, as a Community Benefit Society that will administer the process, independent of SeSaME.
We have produced regular reports for both Parish and District Council councillors and SeSaME CIC Chair has attended Parish Council meetings.We have had Zoom planning meetings, with our members and interested parties, including Wychavon DC Planners: have circulation lists to keep members up to date; with occasional emails to parties that have shown an interest in being kept updated.Both meetings included attendance from outside stakeholders: Sharenergy, the Midlands Energy Hub, Rooftop Housing, and invited specialists, supporting those SeSaME members able and wishing to attend, and emailing conclusions to those unable to be there.We are now half way through the information booklet that will be a key outcome of our heating survey and will be adding residents experience of successfully retrofitting a variety of homes. The booklet will be proofed, reviewed and shared with nearby villagers, if desired.
No remuneration was received
Club Buying Benefits were paid to community groups in the 12 local villages of the Oil Buying Club, being distributed by the Club Manager, both of whom are Volunteers and Company Directors.
This report was approved by the board of directors on
13 October 2023
And signed on behalf of the board by:
Name: Michael Parker
Status: Director