EAST CT C.I.C.

Company Registration Number:
08615580 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2023

Period of accounts

Start date: 1 April 2022

End date: 31 March 2023

EAST CT C.I.C.

Contents of the Financial Statements

for the Period Ended 31 March 2023

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

EAST CT C.I.C.

Directors' report period ended 31 March 2023

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

Principal activities of the company

The principal activity of the company in the period under review was non-profit making community transport.

Political and charitable donations

The company donates under Gift Aid its annual taxable income, if any, to Waltham Forest Community Transport, the ultimate parent company. During the year ended 31 March 2023 the donation amounted to £nil (2022 - £nil).

Company policy on disabled employees

The Company seeks to employ disabled people whenever possible. It is an equal opportunities employer in every sense.



Directors

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

Waltham Forest Community Transport
Helen Tredoux
Richard Mundy


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
16 October 2023

And signed on behalf of the board by:
Name: Richard Mundy
Status: Director

EAST CT C.I.C.

Profit And Loss Account

for the Period Ended 31 March 2023

2023 2022


£

£
Turnover: 0 0
Gross profit(or loss): 0 0
Administrative expenses: ( 120 ) ( 119 )
Operating profit(or loss): (120) (119)
Profit(or loss) before tax: (120) (119)
Profit(or loss) for the financial year: (120) (119)

EAST CT C.I.C.

Balance sheet

As at 31 March 2023

Notes 2023 2022


£

£
Current assets
Debtors:   0 0
Cash at bank and in hand: 80,649 55,769
Total current assets: 80,649 55,769
Creditors: amounts falling due within one year: 3 ( 80,549 ) ( 55,669 )
Net current assets (liabilities): 100 100
Total assets less current liabilities: 100 100
Total net assets (liabilities): 100 100
Capital and reserves
Called up share capital: 100 100
Total Shareholders' funds: 100 100

The notes form part of these financial statements

EAST CT C.I.C.

Balance sheet statements

For the year ending 31 March 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 16 October 2023
and signed on behalf of the board by:

Name: Richard Mundy
Status: Director

The notes form part of these financial statements

EAST CT C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 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

    All incoming resources are included in the period in which they are receivable

    Tangible fixed assets depreciation policy

    Capital expenditure on items £500 or over is depreciated at rates designed to write off the costs over the estimated useful lives of the assets, calculated on the straight line method, less any residual value. First-year depreciation on assets costing more than £5,000 is calculated pro rata in the year in which they were purchased. Improvements to premises will be written off, on the straight line method, over the life of the lease during which the expenditure is incurred. Depreciation is provided at the following annual rates on a straight line basis in order to write off each asset over its estimated useful life:Office equipment 25% on costVehicles 10-20% on cost

    Other accounting policies

    Basis of measurement and preparation of accounts Prepared on a going concern basis under the historical cost convention. The Statement of Recommended Practice on Accounting and Reporting by Charities has been used as a guideline as the company is constituted as a not-for-profit organisation.

EAST CT C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

EAST CT C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Creditors: amounts falling due within one year note

2023 2022
£ £
Other creditors 80,549 55,669
Total 80,549 55,669

COMMUNITY INTEREST ANNUAL REPORT

EAST CT C.I.C.

Company Number: 08615580 (England and Wales)

Year Ending: 31 March 2023

Company activities and impact

The company is set up to provide transport solutions in the London Borough of Newham and beyond with the emphasis on accessible and affordable transport for the widest range of local groups and organisations.

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
16 October 2023

And signed on behalf of the board by:
Name: Richard Mundy
Status: Director