THE NATURE EFFECT COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
07544187 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2023

Period of accounts

Start date: 1 March 2022

End date: 28 February 2023

THE NATURE EFFECT COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 28 February 2023

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

THE NATURE EFFECT COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 28 February 2023

2023 2022


£

£
Turnover: 2,542 21,525
Cost of sales: ( 1,900 ) ( 1,937 )
Gross profit(or loss): 642 19,588
Administrative expenses: ( 1,351 ) ( 17,096 )
Operating profit(or loss): (709) 2,492
Profit(or loss) before tax: (709) 2,492
Tax: ( 220 )
Profit(or loss) for the financial year: (709) 2,272

THE NATURE EFFECT COMMUNITY INTEREST COMPANY

Balance sheet

As at 28 February 2023

Notes 2023 2022


£

£
Current assets
Cash at bank and in hand: 15,956 9,127
Total current assets: 15,956 9,127
Creditors: amounts falling due within one year: 3 ( 12,647 ) ( 5,109 )
Net current assets (liabilities): 3,309 4,018
Total assets less current liabilities: 3,309 4,018
Total net assets (liabilities): 3,309 4,018
Members' funds
Profit and loss account: 3,309 4,018
Total members' funds: 3,309 4,018

The notes form part of these financial statements

THE NATURE EFFECT COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 28 February 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 13 November 2023
and signed on behalf of the board by:

Name: Helen Osborn
Status: Director

The notes form part of these financial statements

THE NATURE EFFECT COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 28 February 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

THE NATURE EFFECT COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

THE NATURE EFFECT COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 28 February 2023

3. Creditors: amounts falling due within one year note

2023 2022
£ £
Taxation and social security 56 276
Accruals and deferred income 12,255 4,197
Other creditors 336 636
Total 12,647 5,109

COMMUNITY INTEREST ANNUAL REPORT

THE NATURE EFFECT COMMUNITY INTEREST COMPANY

Company Number: 07544187 (England and Wales)

Year Ending: 28 February 2023

Company activities and impact

During this year the NaturEscape area in Florence Park really came into its own, hosting many community groups and events. The charitable Nature Nursery based at Flo's uses almost every week day for their Forest School activities We completed work with the Forest School site with St Nicholas School and started work on a commission for the Story Museum Oxford.We began supporting work developing the vision for a community greenspace project in Cutteslowe which resulted in a successful bid to the National Lottery to grow this work in 2023.

Consultation with stakeholders

Our stakeholders are our beneficiaries and our associates as well as local communities we serve through our projects.The NaturEscape project in Florence Park continues to have wide engagement with many stakeholders including local residents, nursery parents, staff and the wider community of Flo's - The Place in the Park and Oxford City Council. Community engagement has been very strong, with working parties and fundraising activity - sponsored painted stones etc.We have an expanded team of associates who are invited to our meetings and to get involved in all areas of our work and regularly asked to give feedback on the direction of the company.

Directors' remuneration

No remuneration was received by directors for their services as directors. However some of the directors are also contractors of the company and have received remuneration for direct delivery of services as self employed, or sole traders, or company contractors. They are all registered for payment of Tax and indemnified separately for this work for The Nature Effect represents only a small amount of their independent income. Directors and Associates all give hours of our unpaid time each year to the administration of the company and in developing the direction of services, raising funds etc.

Transfer of assets

No transfer of assets other than for full consideration

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

And signed on behalf of the board by:
Name: Helen Osborn
Status: Director