REGENERATION CENTRE CIC

Company limited by guarantee

Company Registration Number:
13264710 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2023

Period of accounts

Start date: 1 April 2022

End date: 31 March 2023

REGENERATION CENTRE CIC

Contents of the Financial Statements

for the Period Ended 31 March 2023

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

REGENERATION CENTRE CIC

Directors' report period ended 31 March 2023

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

Principal activities of the company

The principal activity of the CIC is to provide community gardening and environmental education



Directors

The directors shown below have held office during the whole of the period from
1 April 2022 to 31 March 2023

Anna Ahlemeyer
Mirai Kato
Anna Scott
Hannah Temme
Mary Odobeatu


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
16 November 2023

And signed on behalf of the board by:
Name: Hannah Temme
Status: Director

REGENERATION CENTRE CIC

Profit And Loss Account

for the Period Ended 31 March 2023

2023 13 months to 31 March 2022


£

£
Cost of sales: ( 3,732 )
Gross profit(or loss): (3,732)
Administrative expenses: ( 240 ) ( 972 )
Other operating income: 5,000
Operating profit(or loss): (240) 296
Profit(or loss) before tax: (240) 296
Tax: 45 ( 56 )
Profit(or loss) for the financial year: (195) 240

REGENERATION CENTRE CIC

Balance sheet

As at 31 March 2023

Notes 2023 13 months to 31 March 2022


£

£
Current assets
Debtors: 3 45
Cash at bank and in hand: 776
Total current assets: 45 776
Creditors: amounts falling due within one year: 4 ( 536 )
Net current assets (liabilities): 45 240
Total assets less current liabilities: 45 240
Total net assets (liabilities): 45 240
Members' funds
Profit and loss account: 45 240
Total members' funds: 45 240

The notes form part of these financial statements

REGENERATION CENTRE 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 16 November 2023
and signed on behalf of the board by:

Name: Hannah Temme
Status: Director

The notes form part of these financial statements

REGENERATION CENTRE 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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

REGENERATION CENTRE CIC

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees

    2023 13 months to 31 March 2022
    Average number of employees during the period 1 1

REGENERATION CENTRE CIC

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Debtors

2023 13 months to 31 March 2022
£ £
Other debtors 45
Total 45

REGENERATION CENTRE CIC

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Creditors: amounts falling due within one year note

  13 months to 31 March 2022
  £
Taxation and social security 56
Accruals and deferred income 360
Other creditors 120
Total   536

COMMUNITY INTEREST ANNUAL REPORT

REGENERATION CENTRE CIC

Company Number: 13264710 (England and Wales)

Year Ending: 31 March 2023

Company activities and impact

The company has been dormant this financial year with no external activities within thecommunity. The directors have made the decision to dissolve the company.

Consultation with stakeholders

Meetings between the directors have resulted in the decision to close the company.

Directors' remuneration

No remuneration was received

Transfer of assets

The remaining funds within the company’s accounts will be donated to Social Change Nest, OpenCollective fiscal hosting platform, with whom we have worked and who will handle the remainingfunds appropriately.

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

And signed on behalf of the board by:
Name: Hannah Temme
Status: Director