WESTCOAST (KENT) CIC

Company limited by guarantee

Company Registration Number:
08754924 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2022

Period of accounts

Start date: 1 November 2021

End date: 31 October 2022

WESTCOAST (KENT) CIC

Contents of the Financial Statements

for the Period Ended 31 October 2022

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

WESTCOAST (KENT) CIC

Directors' report period ended 31 October 2022

The directors present their report with the financial statements of the company for the period ended 31 October 2022

Principal activities of the company

The company's principal activity during the year continued to be work in improving opportunities for individuals from marginalised groups of population



Directors

The directors shown below have held office during the whole of the period from
1 November 2021 to 31 October 2022

Eli Thompson
Heather Deslandes


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
9 October 2023

And signed on behalf of the board by:
Name: Eli Thompson
Status: Director

WESTCOAST (KENT) CIC

Profit And Loss Account

for the Period Ended 31 October 2022

2022 2021


£

£
Turnover: 148,083
Cost of sales: ( 50,798 )
Gross profit(or loss): 97,285
Administrative expenses: ( 7,534 ) ( 81,126 )
Operating profit(or loss): (7,534) 16,159
Interest payable and similar charges: ( 212 )
Profit(or loss) before tax: (7,746) 16,159
Profit(or loss) for the financial year: (7,746) 16,159

WESTCOAST (KENT) CIC

Balance sheet

As at 31 October 2022

Notes 2022 2021


£

£
Fixed assets
Tangible assets: 3 27,978 34,972
Total fixed assets: 27,978 34,972
Current assets
Debtors: 4 418
Cash at bank and in hand: 11 909
Total current assets: 11 1,327
Creditors: amounts falling due within one year: 5 ( 13,825 ) ( 14,389 )
Net current assets (liabilities): (13,814) (13,062)
Total assets less current liabilities: 14,164 21,910
Total net assets (liabilities): 14,164 21,910
Members' funds
Profit and loss account: 14,164 21,910
Total members' funds: 14,164 21,910

The notes form part of these financial statements

WESTCOAST (KENT) CIC

Balance sheet statements

For the year ending 31 October 2022 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 9 October 2023
and signed on behalf of the board by:

Name: Eli Thompson
Status: Director

The notes form part of these financial statements

WESTCOAST (KENT) CIC

Notes to the Financial Statements

for the Period Ended 31 October 2022

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

WESTCOAST (KENT) CIC

Notes to the Financial Statements

for the Period Ended 31 October 2022

  • 2. Employees

    2022 2021
    Average number of employees during the period 0 0

WESTCOAST (KENT) CIC

Notes to the Financial Statements

for the Period Ended 31 October 2022

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 November 2021 46,373 46,373
Additions
Disposals
Revaluations
Transfers
At 31 October 2022 46,373 46,373
Depreciation
At 1 November 2021 11,401 11,401
Charge for year 6,994 6,994
On disposals
Other adjustments
At 31 October 2022 18,395 18,395
Net book value
At 31 October 2022 27,978 27,978
At 31 October 2021 34,972 34,972

WESTCOAST (KENT) CIC

Notes to the Financial Statements

for the Period Ended 31 October 2022

4. Debtors

2022 2021
£ £
Other debtors 418
Total   418

WESTCOAST (KENT) CIC

Notes to the Financial Statements

for the Period Ended 31 October 2022

5. Creditors: amounts falling due within one year note

2022 2021
£ £
Bank loans and overdrafts 7,274 10,000
Other creditors 6,551 4,389
Total 13,825 14,389

COMMUNITY INTEREST ANNUAL REPORT

WESTCOAST (KENT) CIC

Company Number: 08754924 (England and Wales)

Year Ending: 31 October 2022

Company activities and impact

The CIC did not trade during this year

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
9 October 2023

And signed on behalf of the board by:
Name: Eli Thompson
Status: Director