NOMAD VENTURES GB CIC

Company limited by guarantee

Company Registration Number:
12327645 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2022

Period of accounts

Start date: 1 December 2021

End date: 30 November 2022

NOMAD VENTURES GB CIC

Contents of the Financial Statements

for the Period Ended 30 November 2022

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

NOMAD VENTURES GB CIC

Profit And Loss Account

for the Period Ended 30 November 2022

2022 2021


£

£
Turnover: 591 3,547
Cost of sales: ( 2,252 ) ( 1,689 )
Gross profit(or loss): (1,661) 1,858
Administrative expenses: ( 1,219 ) ( 1,858 )
Operating profit(or loss): (2,880) 0
Profit(or loss) before tax: (2,880) 0
Profit(or loss) for the financial year: (2,880) 0

NOMAD VENTURES GB CIC

Balance sheet

As at 30 November 2022

Notes 2022 2021


£

£
Current assets
Debtors: 3 92 218
Cash at bank and in hand: 117 1,847
Total current assets: 209 2,065
Creditors: amounts falling due within one year: 4 ( 1,269 ) ( 157 )
Net current assets (liabilities): (1,060) 1,908
Total assets less current liabilities: (1,060) 1,908
Creditors: amounts falling due after more than one year:   0
Accruals and deferred income: ( 666 ) ( 754 )
Total net assets (liabilities): (1,726) 1,154
Members' funds
Profit and loss account: (1,726) 1,154
Total members' funds: ( 1,726) 1,154

The notes form part of these financial statements

NOMAD VENTURES GB CIC

Balance sheet statements

For the year ending 30 November 2022 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 17 November 2023
and signed on behalf of the board by:

Name: Kurt Finch
Status: Director

The notes form part of these financial statements

NOMAD VENTURES GB CIC

Notes to the Financial Statements

for the Period Ended 30 November 2022

  • 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

    Turnover policy

    Turnover is recognised as received

NOMAD VENTURES GB CIC

Notes to the Financial Statements

for the Period Ended 30 November 2022

  • 2. Employees

    2022 2021
    Average number of employees during the period 2 2

NOMAD VENTURES GB CIC

Notes to the Financial Statements

for the Period Ended 30 November 2022

3. Debtors

2022 2021
£ £
Other debtors 92 218
Total 92 218

NOMAD VENTURES GB CIC

Notes to the Financial Statements

for the Period Ended 30 November 2022

4. Creditors: amounts falling due within one year note

2022 2021
£ £
Other creditors 1,269 157
Total 1,269 157

COMMUNITY INTEREST ANNUAL REPORT

NOMAD VENTURES GB CIC

Company Number: 12327645 (England and Wales)

Year Ending: 30 November 2022

Company activities and impact

The activities of the company and its impact in 2022 have been to plant additional trees with a target of around 1600 by November 2023 in the community which have been awarded to us so far by The Woodland Trust. We continue to complete Beach Cleans by Kayak with support in the form of a grant from the Suffolk Coast and Heaths AONB Sustainable Development Fund. We intend to continue with these events, educating and engaging with local communities Via donations and pledges. We still intend to lease a parcel / parcels of land to develop into a protected wildlife area with more trees planted, wild flower meadows and orchards, an apiary and foraging area. We want to engage the community in this work, we will need help and volunteers to plant, clear etc, and will in turn ensure that this wonderful area is available and open for the local community to enjoy and benefit from. Over the next few years this should dramatically increase the biodiversity of the immediate as well as the surrounding areas. The hope is that the wildlife area would also have enough income to provide an income to cover at least one full time wage for a ranger, potentially two, to maintain the area, work with volunteers, run educational courses on what we intend to achieve, on the beekeeping work, foraging and entomology. These courses would allow us to work more in the community, planting more trees and creating more areas of wild for people to enjoy, relax and engage with nature.

Consultation with stakeholders

The stakeholders are also the directors so consultation is automatic

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
17 November 2023

And signed on behalf of the board by:
Name: Kurt Finch
Status: Director