XYZ ECO CIC

Company limited by guarantee

Company Registration Number:
SC687572 (Scotland)

Unaudited statutory accounts for the year ended 31 January 2023

Period of accounts

Start date: 1 February 2022

End date: 31 January 2023

XYZ ECO CIC

Contents of the Financial Statements

for the Period Ended 31 January 2023

Profit and loss
Balance sheet
Additional notes
Community Interest Report

XYZ ECO CIC

Profit And Loss Account

for the Period Ended 31 January 2023

2023 2022


£

£
Turnover: 225 2,000
Gross profit(or loss): 225 2,000
Administrative expenses: ( 219 ) ( 1,775 )
Operating profit(or loss): 6 225
Profit(or loss) before tax: 6 225
Profit(or loss) for the financial year: 6 225

XYZ ECO 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
Stocks:   0 0
Debtors:   0 0
Total current assets: 0 0
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year:   0 0
Net current assets (liabilities): 0 0
Total assets less current liabilities: 0 0
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 0 0
Members' funds
Profit and loss account: 0 0
Total members' funds: 0 0

The notes form part of these financial statements

XYZ ECO 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 19 October 2023
and signed on behalf of the board by:

Name: Kyle Wilson
Status: Director

The notes form part of these financial statements

XYZ ECO 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

XYZ ECO CIC

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 5 5

    3 of 5 are silent directors. No one directly employed!

COMMUNITY INTEREST ANNUAL REPORT

XYZ ECO CIC

Company Number: SC687572 (Scotland)

Year Ending: 31 January 2023

Company activities and impact

The company has been focusing on the digital arm of the project and working with those in the local community who are neurodiverse through the medium of podcasting. The company directors have been working on a voluntary basis whilst data-gathering to open the UK's first completely self-sustainable creative studio.We have worked with professionals in the fields of ADHD, Autism and health policy.

Consultation with stakeholders

The company’s stakeholders are online and from the Scottish community, who suffer from disability or mental health issues. Two directors of the company are both neurodiverse and developed the business model to be as accessible as possible by conducting market research from our audience and customers.

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
19 October 2023

And signed on behalf of the board by:
Name: Kyle Wilson
Status: Director