CHIPPENHAM UNIFORM EXCHANGE C.I.C.

Company limited by guarantee

Company Registration Number:
14409342 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2023

Period of accounts

Start date: 10 October 2022

End date: 31 October 2023

CHIPPENHAM UNIFORM EXCHANGE C.I.C.

Contents of the Financial Statements

for the Period Ended 31 October 2023

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

CHIPPENHAM UNIFORM EXCHANGE C.I.C.

Directors' report period ended 31 October 2023

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

Principal activities of the company

Chippenham Uniform Exchange collects donations of pre-owned school uniform and prepares these ready for reuse. Items can be accessed by families via direct request or "pop-up shops" in the community. Items are offered in return for a voluntary contribution.



Directors

The directors shown below have held office during the whole of the period from
10 October 2022 to 31 October 2023

Jade Ugur
Kazim Ugur


The director shown below has held office during the period of
7 July 2023 to 31 October 2023

Johannah Burbidge


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
4 November 2023

And signed on behalf of the board by:
Name: Jade Ugur
Status: Director

CHIPPENHAM UNIFORM EXCHANGE C.I.C.

Profit And Loss Account

for the Period Ended 31 October 2023

13 months to 31 October 2023


£
Turnover: 2,380
Gross profit(or loss): 2,380
Administrative expenses: ( 812 )
Operating profit(or loss): 1,568
Profit(or loss) before tax: 1,568
Profit(or loss) for the financial year: 1,568

CHIPPENHAM UNIFORM EXCHANGE C.I.C.

Balance sheet

As at 31 October 2023

Notes 13 months to 31 October 2023


£
Fixed assets
Tangible assets: 3 546
Total fixed assets: 546
Current assets
Cash at bank and in hand: 919
Total current assets: 919
Prepayments and accrued income: 103
Net current assets (liabilities): 1,022
Total assets less current liabilities: 1,568
Total net assets (liabilities): 1,568
Members' funds
Profit and loss account: 1,568
Total members' funds: 1,568

The notes form part of these financial statements

CHIPPENHAM UNIFORM EXCHANGE C.I.C.

Balance sheet statements

For the year ending 31 October 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 4 November 2023
and signed on behalf of the board by:

Name: Jade Ugur
Status: Director

The notes form part of these financial statements

CHIPPENHAM UNIFORM EXCHANGE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 1. Accounting policies

    Basis of measurement and preparation

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

    Turnover policy

    Turnover represents charitable donations, voluntary contributions and grants awarded.

    Tangible fixed assets depreciation policy

    Five years

    Valuation information and policy

    Cost Method

    Other accounting policies

    Capitalisation Policy £100

CHIPPENHAM UNIFORM EXCHANGE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 2. Employees

    13 months to 31 October 2023
    Average number of employees during the period 0

CHIPPENHAM UNIFORM EXCHANGE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 546 546
Disposals
Revaluations
Transfers
At 31 October 2023 546 546
Depreciation
Charge for year
On disposals
Other adjustments
At 31 October 2023
Net book value
At 31 October 2023 546 546

COMMUNITY INTEREST ANNUAL REPORT

CHIPPENHAM UNIFORM EXCHANGE C.I.C.

Company Number: 14409342 (England and Wales)

Year Ending: 31 October 2023

Company activities and impact

Chippenham Uniform Exchange is a dedicated, unified system of recycling school uniform in Chippenham, Wiltshire, and the surrounding villages- an independent "one stop shop" to obtain preloved uniform for any child, any time, regardless of the school attended, and without shame or embarrassment. It is the only such scheme in operation in the area. Anyone with school-aged children can benefit from our project. That's 6,758 pupils attending 13 mainstream state schools within Chippenham, plus approximately another 2,000 pupils attending special schools and village schools. Since launching to families in January 2023 we have: Received 6,403 items of donated uniform;Deployed 4 large donation bins at key venues around Chippenham;Received 326 direct requests for uniform;Held 13 pop-up shops;Repaired 156 items of uniform for re-use;Given 1,625 items of unform to 376 families;Saved those families £13,000 compared to the cost of buying new;Saved 325kgs of textile waste from landfill;Saved 4,387,500 litres of water from the production of new fabric;Saved the equivalent of 5,850kg of carbon dioxide from the manufacture and transport of new clothes.We make it easy for families and schools to recycle outgrown or surplus uniform, provide an option for families who choose to shop sustainably, and reduce the cost of buying school uniform. Our project supports families in the community who are facing increased challenges arising from the current cost of living crisis or any other financial difficulty by reducing the financial burden of buying full, correct and well-fitting school uniform for children, giving all families access to recycled school uniform at very low cost, or free to families in financial hardship. This in turn has a positive social and emotional effect upon families and children by reducing social isolation and improving mental well-being of children and their families. It is also environmentally friendly by encouraging reuse and recycling of school uniform and reducing landfill waste.

Consultation with stakeholders

Our stakeholders include schools, PTAs, support organisations, parents/carers and children aged 4-16 living in Chippenham or the surrounding villages or attending school there. Our directors are all parents of school-aged children living in or attending school in Chippenham.We consult with our stakeholders by: -Inviting community members to volunteer with us;-Communicating regularly with head teachers, pastoral workers and PTAs to maximise our reach;-Adapting our scheme to make it accessible to everyone;-Using Facebook so stakeholders can comment on how our scheme can be improved which influences the development, scope and delivery of the company’s activities;-Interacting with parents/carers at pop-up shops and elsewhere which gives us regular opportunity to gain feedback on how to best meet the needs of families;-Collecting data to measure the impact of our provision- the number of families who have benefitted from the provision, environmental impact and the financial benefit to families;-Seeking feedback from stakeholders as to how the project has benefitted them.

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
4 November 2023

And signed on behalf of the board by:
Name: Jade Ugur
Status: Director