NEWMILL RENEWABLES COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
SC393203 (Scotland)

Unaudited statutory accounts for the year ended 28 February 2023

Period of accounts

Start date: 1 March 2022

End date: 28 February 2023

NEWMILL RENEWABLES COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 28 February 2023

Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

NEWMILL RENEWABLES COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 28 February 2023

2023 2022


£

£
Turnover: 11,170 14,197
Cost of sales: ( 13,132 ) ( 6,779 )
Gross profit(or loss): (1,962) 7,418
Administrative expenses: ( 3,055 ) ( 5,026 )
Other operating income: 1,000
Operating profit(or loss): (5,017) 3,392
Profit(or loss) before tax: (5,017) 3,392
Profit(or loss) for the financial year: (5,017) 3,392

NEWMILL RENEWABLES COMMUNITY INTEREST COMPANY

Balance sheet

As at 28 February 2023

Notes 2023 2022


£

£
Current assets
Debtors: 3 2,170 1,392
Cash at bank and in hand: 60 5,855
Total current assets: 2,230 7,247
Net current assets (liabilities): 2,230 7,247
Total assets less current liabilities: 2,230 7,247
Total net assets (liabilities): 2,230 7,247
Members' funds
Profit and loss account: 2,230 7,247
Total members' funds: 2,230 7,247

The notes form part of these financial statements

NEWMILL RENEWABLES COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 28 February 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 14 September 2023
and signed on behalf of the board by:

Name: SINCLAIR, Catherine Hazel
Status: Director

The notes form part of these financial statements

NEWMILL RENEWABLES COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 28 February 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

NEWMILL RENEWABLES COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 3 3

NEWMILL RENEWABLES COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 28 February 2023

3. Debtors

2023 2022
£ £
Other debtors 2,170 1,392
Total 2,170 1,392

COMMUNITY INTEREST ANNUAL REPORT

NEWMILL RENEWABLES COMMUNITY INTEREST COMPANY

Company Number: SC393203 (Scotland)

Year Ending: 28 February 2023

Company activities and impact

Newmill Renewables CIC continues to provide heat to the village hall and primary school. The Covid pandemic means the education and awareness programme with school children visiting the biomass each year was suspended but we will reinstate this when safe to do so.

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
14 September 2023

And signed on behalf of the board by:
Name: SINCLAIR, Catherine Hazel
Status: Director