PILLGWENLLY CONNECTS CIC

Company limited by guarantee

Company Registration Number:
13901117 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2023

Period of accounts

Start date: 8 February 2022

End date: 31 March 2023

PILLGWENLLY CONNECTS CIC

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

PILLGWENLLY CONNECTS CIC

Balance sheet

As at 31 March 2023

Notes 14 months to 31 March 2023


£
Fixed assets
Intangible assets:   0
Tangible assets:   0
Investments:   0
Total fixed assets: 0
Current assets
Stocks:   0
Debtors:   0
Cash at bank and in hand: 5,051
Investments:   0
Total current assets: 5,051
Prepayments and accrued income: 0
Creditors: amounts falling due within one year: 3 ( 402 )
Net current assets (liabilities): 4,649
Total assets less current liabilities: 4,649
Creditors: amounts falling due after more than one year:   0
Provision for liabilities: 0
Accruals and deferred income: ( 2,935 )
Total net assets (liabilities): 1,714
Members' funds
Profit and loss account: 1,714
Total members' funds: 1,714

The notes form part of these financial statements

PILLGWENLLY CONNECTS 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 5 November 2023
and signed on behalf of the board by:

Name: Dilani Thevathas
Status: Director

The notes form part of these financial statements

PILLGWENLLY CONNECTS 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

PILLGWENLLY CONNECTS CIC

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees

    14 months to 31 March 2023
    Average number of employees during the period 0

PILLGWENLLY CONNECTS CIC

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Creditors: amounts falling due within one year note

14 months to 31 March 2023
£
Bank loans and overdrafts 0
Amounts due under finance leases and hire purchase contracts 0
Trade creditors 0
Taxation and social security 0
Accruals and deferred income 0
Other creditors 402
Total 402

COMMUNITY INTEREST ANNUAL REPORT

PILLGWENLLY CONNECTS CIC

Company Number: 13901117 (England and Wales)

Year Ending: 31 March 2023

Company activities and impact

The community has benefitted by being at the same level of understanding about local events and projects. Local organisations often work in pockets meaning that the information conveyed only reaches a specific audience. Through our company and website we have been able to provide information to the public the way it should be delivered so that everyone has the same level of context and will know what is happening in their community. This is also done through a community newsletter that contains information from local businesses, Registered Social Landlords, Police, Council, Community Groups and charities that operate in the area. There are over 200 local businesses featured on our website and a large number do not yet have a digital presence. Through our website we are able to provide them with a digital avenue to communicate with existing and new customers as well as those who are new to the area. This benefits the businesses with more exposure and higher income as a direct result. As well as ensuring that the local residents are aware of exactly what is on their doorstep. In the year there was work being undertaken for a multi-agency masterplan project and Pill Connects made sure that the community are kept informed of all the big decisions taking place. It also ensured that the community knew of all opportunities where they can be involved in the decision making process. The website provided a communication channel between the agencies and the community, this benefitted the community as their comments and queries were taken into consideration before any big decisions were taken and provided live updates on the master planning project.

Consultation with stakeholders

Through the Pillgwenlly Masterplan consultation we were able to speak to residents and business owners about how they website could improve to suit their needs. Majority agreed that they liked the simple layout that was easy to understand and navigate. Some members of the community asked for publication such as our newsletter to be printed in different languages as the community is incredibly diverse, we took these comments on board and looked at a possible translation service. The consultation took place on multiple occasions in multiple venues in the area with a range of demographics.

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
5 November 2023

And signed on behalf of the board by:
Name: Dilani Thevathas
Status: Director