NEW BEGINNINGS NORTH CIC

Company limited by guarantee

Company Registration Number:
13150680 (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

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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

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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

Additional information

The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the surplus or deficit of the company for that period. In preparing the financial statements the directors are required to:- select suitable accounting policies and then apply them consistently;- make judgments and accounting estimates that are reasonable and prudent;- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.



Directors

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

Joanne Vance
Patricia Towey
Caitlin Vance


The director shown below has held office during the period of
16 September 2022 to 31 January 2023

James Foster


The director shown below has held office during the period of
15 April 2022 to 31 January 2023

Jean Bell


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
27 October 2023

And signed on behalf of the board by:
Name: Joanne Vance
Status: Director

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Profit And Loss Account

for the Period Ended 31 January 2023

2023 2022


£

£
Turnover: 66,019 14,221
Cost of sales: ( 40,004 ) ( 510 )
Gross profit(or loss): 26,015 13,711
Administrative expenses: ( 29,215 ) ( 5,373 )
Operating profit(or loss): (3,200) 8,338
Interest payable and similar charges: ( 221 )
Profit(or loss) before tax: (3,421) 8,338
Tax: ( 863 )
Profit(or loss) for the financial year: (3,421) 7,475

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Balance sheet

As at 31 January 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 2,854 2,700
Total fixed assets: 2,854 2,700
Current assets
Cash at bank and in hand: 8,801 7,773
Total current assets: 8,801 7,773
Creditors: amounts falling due within one year: 4 ( 7,601 ) ( 2,998 )
Net current assets (liabilities): 1,200 4,775
Total assets less current liabilities: 4,054 7,475
Total net assets (liabilities): 4,054 7,475
Members' funds
Profit and loss account: 4,054 7,475
Total members' funds: 4,054 7,475

The notes form part of these financial statements

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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 27 October 2023
and signed on behalf of the board by:

Name: Joanne Vance
Status: Director

The notes form part of these financial statements

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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

    Tangible fixed assets depreciation policy

    Fixtures & Fittings 20% Reducing Balance.Computer Equipment 20% Reducing Balance

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Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 3 1

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Notes to the Financial Statements

for the Period Ended 31 January 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 February 2022 2,746 2,746
Additions 867 867
Disposals
Revaluations
Transfers
At 31 January 2023 3,613 3,613
Depreciation
At 1 February 2022 46 46
Charge for year 713 713
On disposals
Other adjustments
At 31 January 2023 759 759
Net book value
At 31 January 2023 2,854 2,854
At 31 January 2022 2,700 2,700

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Notes to the Financial Statements

for the Period Ended 31 January 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Taxation and social security 863
Accruals and deferred income 1,500 1,674
Other creditors 6,101 461
Total 7,601 2,998

COMMUNITY INTEREST ANNUAL REPORT

NEW BEGINNINGS NORTH CIC

Company Number: 13150680 (England and Wales)

Year Ending: 31 January 2023

Company activities and impact

New Beginnings North has been supporting neurodivergent young people, improving their mental health, and helping them to re-engage with education. We have also been working with the community providing a warm space for them throughout the winter months.

Consultation with stakeholders

Stakeholders are young people aged 11 – 16 and the community. They form the provision including deciding on the activities, refreshments, training, and support they want and need. For example, they wanted a First Aid course and we brought in someone to deliver two courses – one for young people and one for the community.

Directors' remuneration

Joanne Vance was paid £800 during the period of accounts.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
27 October 2023

And signed on behalf of the board by:
Name: Joanne Vance
Status: Director