PAVEMENT 2 CATWALK CIC

Company limited by guarantee

Company Registration Number:
09380013 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2023

Period of accounts

Start date: 1 February 2022

End date: 31 January 2023

PAVEMENT 2 CATWALK CIC

Contents of the Financial Statements

for the Period Ended 31 January 2023

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

PAVEMENT 2 CATWALK CIC

Directors' report period ended 31 January 2023

The directors present their report with the financial statements of the company for the period ended 31 January 2023

Principal activities of the company

The company's principal activity during the year continued to be bringing hope to the vulnerable and disenfranchised sectors of our communities. Clients are encouraged to express their emotions through the medium of fashion and art.

Company policy on disabled employees

The CIC is an equal opportunities employer



Directors

The director shown below has held office during the whole of the period from
1 February 2022 to 31 January 2023

Donald WAUGH


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
25 October 2023

And signed on behalf of the board by:
Name: Donald WAUGH
Status: Director

PAVEMENT 2 CATWALK CIC

Profit And Loss Account

for the Period Ended 31 January 2023

2023 2022


£

£
Turnover: 920
Cost of sales: ( 400 )
Gross profit(or loss): 520
Administrative expenses: ( 73 ) ( 1,453 )
Other operating income: 933
Operating profit(or loss): (73) 0
Profit(or loss) before tax: (73) 0
Profit(or loss) for the financial year: (73) 0

PAVEMENT 2 CATWALK CIC

Balance sheet

As at 31 January 2023

Notes 2023 2022


£

£
Creditors: amounts falling due within one year: 3 ( 172 ) ( 99 )
Net current assets (liabilities): (172) (99)
Total assets less current liabilities: (172) ( 99)
Total net assets (liabilities): (172) (99)
Members' funds
Profit and loss account: (172) ( 99)
Total members' funds: ( 172) (99)

The notes form part of these financial statements

PAVEMENT 2 CATWALK 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 25 October 2023
and signed on behalf of the board by:

Name: Donald WAUGH
Status: Director

The notes form part of these financial statements

PAVEMENT 2 CATWALK 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

    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 and from 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. Turnover from 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 for work performed to date to the total estimated contract costs.

PAVEMENT 2 CATWALK CIC

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

PAVEMENT 2 CATWALK CIC

Notes to the Financial Statements

for the Period Ended 31 January 2023

3. Creditors: amounts falling due within one year note

2023 2022
£ £
Other creditors 172 99
Total 172 99

COMMUNITY INTEREST ANNUAL REPORT

PAVEMENT 2 CATWALK CIC

Company Number: 09380013 (England and Wales)

Year Ending: 31 January 2023

Company activities and impact

Pavement 2 Catwalk CIC is a Community Interest Company (P2C) that aims to bring hope to the vulnerable and disenfranchised sectors of our communities.Pavement 2 Catwalk CIC has had no activity for the 2022-23 year but has made connections, which will be of benefit in 2023-24.

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
25 October 2023

And signed on behalf of the board by:
Name: Donald WAUGH
Status: Director