for the Period Ended 28 February 2023
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
for the Period Ended
13 months to 28 February 2023 | ||
---|---|---|
| £ | |
Turnover: | | |
Cost of sales: | ( | |
Gross profit(or loss): | | |
Administrative expenses: | ( | |
Operating profit(or loss): | | |
Interest payable and similar charges: | ( | |
Profit(or loss) before tax: | | |
Profit(or loss) for the financial year: | |
As at
Notes | 13 months to 28 February 2023 | ||
---|---|---|---|
| £ | ||
Fixed assets | |||
Tangible assets: | 3 | | |
Total fixed assets: | | ||
Current assets | |||
Cash at bank and in hand: | | ||
Total current assets: | | ||
Creditors: amounts falling due within one year: | 4 | ( | |
Net current assets (liabilities): | | ||
Total assets less current liabilities: | | ||
Total net assets (liabilities): | | ||
Members' funds | |||
Profit and loss account: | | ||
Total members' funds: | |
The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 28 February 2023
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Other accounting policies
for the Period Ended 28 February 2023
13 months to 28 February 2023 | ||
---|---|---|
Average number of employees during the period | |
for the Period Ended 28 February 2023
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
---|---|---|---|---|---|---|
Cost | £ | £ | £ | £ | £ | £ |
Additions | | | ||||
Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 28 February 2023 | | | ||||
Depreciation | ||||||
Charge for year | | | ||||
On disposals | ||||||
Other adjustments | ||||||
At 28 February 2023 | | | ||||
Net book value | ||||||
At 28 February 2023 | | |
for the Period Ended 28 February 2023
13 months to 28 February 2023 | ||
---|---|---|
£ | ||
Taxation and social security | | |
Total | |
In the financial year the company has benefited the community by bringing 3 vibrant shops into a deprived town. The community have benefited by having access to donated good quality preloved clothing at very affordable prices. The financial crisis has had a huge impact on the community and many have turned to preloved goods to provide for their family.We also provide donated furniture which we up cycle and re purpose through a volunteer led project. This helps to reduce furniture going to landfill and encouraging people to repurpose and upcycle their own items of furniture.Rehoboth Well CIC provides opportunities for the community to get involved on many different levels through different volunteering roles which help to provide empolyability skills. Also, many agencies refer people in need to us, such as, families in need, women escaping domestic violence, people who are vulnerable and also the homeless. We are able, through agency referal, to supply free items of clothing, furniture and household items to those in need. We work with Stoke on Trent city council, Port Vale foundation and other smaller charities to met the needs in the community. Service users also have the opportunity to volunteer and develop the ability to give back, building self esteem, confidence and transferable skills. In one of the shops we provide, small group sessions and support.Both Agencies and community express their appreciation for the work we do.
When we first set up the CIC we held an open day, where we encourage stakeholders to fill in a questionnaire to gleen information on how they would use our services. Using this we have fulfilled many of the requests. We often ask our customers if they are happy with the service.We use social media to engage with our community and feedback is always encouraged.Agencies often give feedback and recommend us to other agencies.
Director Lydia Palmer receives a net pay £1376.36 per month
No transfer of assets other than for full consideration
This report was approved by the board of directors on
1 November 2023
And signed on behalf of the board by:
Name: Lee Palmer
Status: Director