for the Period Ended 31 January 2023
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
for the Period Ended
2023 | ||
---|---|---|
| £ | |
Turnover: | | |
Cost of sales: | ( | |
Gross profit(or loss): | | |
Distribution costs: | ( | |
Administrative expenses: | ( | |
Other operating income: | | |
Operating profit(or loss): | ( | |
Interest receivable and similar income: | | |
Interest payable and similar charges: | | |
Profit(or loss) before tax: | ( | |
Tax: | | |
Profit(or loss) for the financial year: | ( |
As at
Notes | 2023 | ||
---|---|---|---|
| £ | ||
Fixed assets | |||
Tangible assets: | 3 | | |
Total fixed assets: | | ||
Current assets | |||
Stocks: | 4 | | |
Debtors: | | ||
Cash at bank and in hand: | | ||
Investments: | | ||
Total current assets: | | ||
Prepayments and accrued income: | | ||
Creditors: amounts falling due within one year: | | ||
Net current assets (liabilities): | | ||
Total assets less current liabilities: | | ||
Creditors: amounts falling due after more than one year: | | ||
Provision for liabilities: | | ||
Accruals and deferred income: | | ||
Total net assets (liabilities): | | ||
Members' funds | |||
Profit and loss account: | | ||
Total members' funds: | |
The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 January 2023
Basis of measurement and preparation
for the Period Ended 31 January 2023
2023 | ||
---|---|---|
Average number of employees during the period | |
for the Period Ended 31 January 2023
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
---|---|---|---|---|---|---|
Cost | £ | £ | £ | £ | £ | £ |
Additions | | | ||||
Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 31 January 2023 | | | ||||
Depreciation | ||||||
Charge for year | | | ||||
On disposals | ||||||
Other adjustments | ||||||
At 31 January 2023 | | | ||||
Net book value | ||||||
At 31 January 2023 | | |
for the Period Ended 31 January 2023
2023 | ||
---|---|---|
£ | ||
Stocks | | |
Payments on account | | |
Total | |
During our first financial year we were able to provide free bike servicing using the Scotland Cycle Repair Scheme (SCRS) fund managed by Cycling Scotland to approximately 50 individuals and families. We did this in a mobile capacity visiting small rural communities in the North East of Scotland who might otherwise not have been able to get their bike working due to financial hardship, and or transport poverty (the nearest regular bikes shop was approximately 50 miles round trip away.We were also able to provide community pop-up bike shops to 4 communities during this time, giving them access to buy parts and accessories, ask for impartial advice on buying a new bike, and provide repair ad service facilities.Through the adult cycle training fund managed by Cycling Scotland we were also able to teach approximately 4o adults in Aberdeen to learn to ride a bike which they had never done before, at no cost to them, and with all equipment provided. We did this at their workplaces so that they did not need to take time of work or travel to access this, and it was completely free.Through partnership working with other organisations we were also able to provide free bike safety checks to children's bikes through schools to ensure that they had bikes that were both safe and working so that they could choose an active travel alternative to get to school.
No consultation with stakeholders
Both directors (Darren and Tim) received directors remuneration during our first year of trading.Darren and Tim only receive payment for employed work however, and in addition to the work we are paid for, we also work in an unpaid capacity planning, communicating, publicising, networking, travelling etc.No payments are made to the directors whatsoever for any reason other than paid employment and reimbursement of expenses incurred, the same as any other employee who is not a director.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
2 February 2023
And signed on behalf of the board by:
Name: TimBowden
Status: Director