IMPETRO CIC

Company limited by guarantee

Company Registration Number:
07260231 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2023

Period of accounts

Start date: 1 September 2022

End date: 31 August 2023

IMPETRO CIC

Contents of the Financial Statements

for the Period Ended 31 August 2023

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

IMPETRO CIC

Directors' report period ended 31 August 2023

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

Directors

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

Clair Conley
Grame Tomkins
Alan Ashurst


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
28 November 2023

And signed on behalf of the board by:
Name: Clair Conley
Status: Director

IMPETRO CIC

Profit And Loss Account

for the Period Ended 31 August 2023

2023 2022


£

£
Turnover: 39,263 47,806
Cost of sales: ( 4,986 )
Gross profit(or loss): 39,263 42,820
Administrative expenses: ( 41,279 ) ( 39,997 )
Operating profit(or loss): (2,016) 2,823
Profit(or loss) before tax: (2,016) 2,823
Tax: ( 438 )
Profit(or loss) for the financial year: (2,016) 2,385

IMPETRO CIC

Balance sheet

As at 31 August 2023

Notes 2023 2022


£

£
Current assets
Debtors: 3 1,050 200
Cash at bank and in hand: 23,124 9,755
Total current assets: 24,174 9,955
Creditors: amounts falling due within one year: 4 ( 778 )
Net current assets (liabilities): 24,174 9,177
Total assets less current liabilities: 24,174 9,177
Accruals and deferred income: ( 17,283 ) ( 270 )
Total net assets (liabilities): 6,891 8,907
Members' funds
Profit and loss account: 6,891 8,907
Total members' funds: 6,891 8,907

The notes form part of these financial statements

IMPETRO CIC

Balance sheet statements

For the year ending 31 August 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 28 November 2023
and signed on behalf of the board by:

Name: Clair Conley
Status: Director

The notes form part of these financial statements

IMPETRO CIC

Notes to the Financial Statements

for the Period Ended 31 August 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

IMPETRO CIC

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 2 2

IMPETRO CIC

Notes to the Financial Statements

for the Period Ended 31 August 2023

3. Debtors

2023 2022
£ £
Trade debtors 1,050 200
Total 1,050 200

IMPETRO CIC

Notes to the Financial Statements

for the Period Ended 31 August 2023

4. Creditors: amounts falling due within one year note

  2022
  £
Trade creditors 3
Taxation and social security 474
Other creditors 301
Total   778

COMMUNITY INTEREST ANNUAL REPORT

IMPETRO CIC

Company Number: 07260231 (England and Wales)

Year Ending: 31 August 2023

Company activities and impact

During the financial year 2022 / 2023 Impetro CIC has continued to grow and further develop community partnerships and collaborations. We have worked closely with Merseyside Police, Good Things Foundation, Halton and St Helens VCA and InKind Direct.Our support to the local community has increased and diversified, we now offer more in terms of Digital inclusion, Financial education and advice.Our work in partnership with the charity; The Perth community centre has been successful as both organisations complement each other and allow projects to be more inclusive.Specific delivered projects have included: LCR Digital inclusion and MULTIPLY.Financial inclusion and Digital inclusion have been of high demand and we have continued with our FCA regulated authorisation.Impetro CIC is a member of the National Digital Inclusion Network.

Consultation with stakeholders

The company’s stakeholders are vulnerable people, families, and older people.Consultation has taken place with stakeholders and organisations/ agencies including: Social housing tenants, care home residents, PERTH Community Centre, Good Things Foundation and external funders. The Digital strategy partnership continues to develop. The aim is to alleviate replication and work in collaboration; share resources and scale up good practise. Shareholders have been instrumental in the development of project planning and regular forums are held for consultation.

Directors' remuneration

The aggregate amount of emoluments paid to or receivable by directors in respect of qualifying services was £16,500.00.

Transfer of assets

No transfer of assets other than for full consideration

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

And signed on behalf of the board by:
Name: Clair Conley
Status: Director