WOMEN IN THE FOOD INDUSTRY C.I.C.

Company Registration Number:
11943358 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2023

Period of accounts

Start date: 1 May 2022

End date: 30 April 2023

WOMEN IN THE FOOD INDUSTRY C.I.C.

Contents of the Financial Statements

for the Period Ended 30 April 2023

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

WOMEN IN THE FOOD INDUSTRY C.I.C.

Balance sheet

As at 30 April 2023

Notes 2023 2022


£

£
Current assets
Debtors: 3 704 350
Cash at bank and in hand: 988 931
Total current assets: 1,692 1,281
Creditors: amounts falling due within one year: 4 ( 22,842 ) ( 21,230 )
Net current assets (liabilities): (21,150) (19,949)
Total assets less current liabilities: (21,150) ( 19,949)
Total net assets (liabilities): (21,150) (19,949)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (21,250 ) (20,049 )
Total Shareholders' funds: ( 21,150 ) (19,949)

The notes form part of these financial statements

WOMEN IN THE FOOD INDUSTRY C.I.C.

Balance sheet statements

For the year ending 30 April 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 10 October 2023
and signed on behalf of the board by:

Name: Janie Ash
Status: Director

The notes form part of these financial statements

WOMEN IN THE FOOD INDUSTRY C.I.C.

Notes to the Financial Statements

for the Period Ended 30 April 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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods andfrom the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnoverfrom the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred forwork performed to date to the total estimated contract costs.

    Other accounting policies

    DebtorsShort term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.CreditorsShort term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.TaxationA current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

WOMEN IN THE FOOD INDUSTRY C.I.C.

Notes to the Financial Statements

for the Period Ended 30 April 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 3 3

WOMEN IN THE FOOD INDUSTRY C.I.C.

Notes to the Financial Statements

for the Period Ended 30 April 2023

3. Debtors

2023 2022
£ £
Trade debtors 350
Other debtors 704
Total 704 350

WOMEN IN THE FOOD INDUSTRY C.I.C.

Notes to the Financial Statements

for the Period Ended 30 April 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 1,492
Other creditors 21,350 21,230
Total 22,842 21,230

COMMUNITY INTEREST ANNUAL REPORT

WOMEN IN THE FOOD INDUSTRY C.I.C.

Company Number: 11943358 (England and Wales)

Year Ending: 30 April 2023

Company activities and impact

The accounts being reported are for the year ended 30 April 2023 which is before 18 July 2023 (the date on which the company became a Community Interest Company).

Consultation with stakeholders

No consultation with stakeholders

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
10 October 2023

And signed on behalf of the board by:
Name: Janie Ash
Status: Director