BABES IN THE WOOD BISHOPBRIGGS CIC

Company limited by guarantee

Company Registration Number:
SC502187 (Scotland)

Unaudited statutory accounts for the year ended 31 March 2023

Period of accounts

Start date: 1 April 2022

End date: 31 March 2023

BABES IN THE WOOD BISHOPBRIGGS CIC

Contents of the Financial Statements

for the Period Ended 31 March 2023

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

BABES IN THE WOOD BISHOPBRIGGS CIC

Profit And Loss Account

for the Period Ended 31 March 2023

2023 2022


£

£
Turnover: 178,414 148,977
Cost of sales: ( 3,172 ) ( 2,830 )
Gross profit(or loss): 175,242 146,147
Distribution costs: 0 0
Administrative expenses: ( 153,431 ) ( 130,991 )
Operating profit(or loss): 21,811 15,156
Interest receivable and similar income: 51 105
Profit(or loss) before tax: 21,862 15,261
Tax: ( 4,103 ) ( 172 )
Profit(or loss) for the financial year: 17,759 15,089

BABES IN THE WOOD BISHOPBRIGGS CIC

Balance sheet

As at 31 March 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 23,353 22,379
Total fixed assets: 23,353 22,379
Current assets
Debtors: 4 750 210
Cash at bank and in hand: 46,308 27,502
Total current assets: 47,058 27,712
Prepayments and accrued income: 1,416 2,108
Creditors: amounts falling due within one year: 5 ( 6,889 ) ( 5,021 )
Net current assets (liabilities): 41,585 24,799
Total assets less current liabilities: 64,938 47,178
Total net assets (liabilities): 64,938 47,178
Members' funds
Profit and loss account: 64,938 47,178
Total members' funds: 64,938 47,178

The notes form part of these financial statements

BABES IN THE WOOD BISHOPBRIGGS CIC

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 10 November 2023
and signed on behalf of the board by:

Name: Heather Royan
Status: Director

The notes form part of these financial statements

BABES IN THE WOOD BISHOPBRIGGS CIC

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

    Tangible fixed assets depreciation policy

    Computer Equipment - Straight Line 4 yearsLeasehold Improvements - Reducing balance 25%Office Equipment - Reducing balance 10 yearsPlant and Machinery - Reducing balance 25%Motor Vehicles - Straight Line 5 years

BABES IN THE WOOD BISHOPBRIGGS CIC

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 8 7

BABES IN THE WOOD BISHOPBRIGGS CIC

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2022 1,192 0 9,916 15,048 26,156
Additions 428 5,866 167 6,461
Disposals
Revaluations
Transfers
At 31 March 2023 1,620 5,866 10,083 15,048 32,617
Depreciation
At 1 April 2022 0 0 2,273 1,504 3,777
Charge for year 352 489 1,636 3,010 5,487
On disposals
Other adjustments
At 31 March 2023 352 489 3,909 4,514 9,264
Net book value
At 31 March 2023 1,268 5,377 6,174 10,534 23,353
At 31 March 2022 1,192 0 7,643 13,544 22,379

BABES IN THE WOOD BISHOPBRIGGS CIC

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Debtors

2023 2022
£ £
Trade debtors 750 210
Total 750 210

BABES IN THE WOOD BISHOPBRIGGS CIC

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 843 339
Taxation and social security 6,046 4,682
Total 6,889 5,021

COMMUNITY INTEREST ANNUAL REPORT

BABES IN THE WOOD BISHOPBRIGGS CIC

Company Number: SC502187 (Scotland)

Year Ending: 31 March 2023

Company activities and impact

Babes in the Wood Bishopbriggs CIC supplies packs of toys, clothes & baby equipment to families facing hardship via partnerships with NHS health Visitors, Social Workers & other family support agencies. Each Christmas we facilitate a community Christmas toy appeal to provide toys for families who would otherwise struggle. We encourage community recycling by accepting donations of children's items & operate a community shop where the public benefit from good quality items at low prices. A small percentage of our donations are sold via online platforms to maximise their impact.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

Directors Remuneration £41,974.40

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
10 November 2023

And signed on behalf of the board by:
Name: Heather Royan
Status: Director