HUSDAN CIC

Company limited by guarantee

Company Registration Number:
12894900 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2022

Period of accounts

Start date: 1 January 2022

End date: 31 December 2022

HUSDAN CIC

Contents of the Financial Statements

for the Period Ended 31 December 2022

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

HUSDAN CIC

Directors' report period ended 31 December 2022

The directors present their report with the financial statements of the company for the period ended 31 December 2022

Directors

The directors shown below have held office during the whole of the period from
1 January 2022 to 31 December 2022

B J Husdan
C L Grainger
L R O'Connor
E J Slevin


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 September 2023

And signed on behalf of the board by:
Name: B J Husdan
Status: Director

HUSDAN CIC

Profit And Loss Account

for the Period Ended 31 December 2022

2022 15 months to 31 December 2021


£

£
Turnover: 71,262 33,480
Cost of sales: ( 32,824 ) ( 12,688 )
Gross profit(or loss): 38,438 20,792
Distribution costs: ( 534 ) ( 434 )
Administrative expenses: ( 46,354 ) ( 19,123 )
Other operating income: 10,000
Operating profit(or loss): 1,550 1,235
Profit(or loss) before tax: 1,550 1,235
Profit(or loss) for the financial year: 1,550 1,235

HUSDAN CIC

Balance sheet

As at 31 December 2022

Notes 2022 15 months to 31 December 2021


£

£
Fixed assets
Tangible assets: 3 4,698 3,089
Total fixed assets: 4,698 3,089
Current assets
Stocks: 4 500 500
Cash at bank and in hand: 1,375 11,553
Total current assets: 1,875 12,053
Creditors: amounts falling due within one year: 5 ( 3,788 ) ( 13,907 )
Net current assets (liabilities): (1,913) (1,854)
Total assets less current liabilities: 2,785 1,235
Total net assets (liabilities): 2,785 1,235
Members' funds
Profit and loss account: 2,785 1,235
Total members' funds: 2,785 1,235

The notes form part of these financial statements

HUSDAN CIC

Balance sheet statements

For the year ending 31 December 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 28 September 2023
and signed on behalf of the board by:

Name: B J Husdan
Status: Director

The notes form part of these financial statements

HUSDAN CIC

Notes to the Financial Statements

for the Period Ended 31 December 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 represents the value of goods and services supplied by the company, net of value added tax and trade discounts.

    Tangible fixed assets depreciation policy

    Depreciation has been provided at the following rates in order to write off the assets over their estimated useful livesPlant and Machinery 25% reducing balanceEquipment 25% reducing balance

HUSDAN CIC

Notes to the Financial Statements

for the Period Ended 31 December 2022

  • 2. Employees

    2022 15 months to 31 December 2021
    Average number of employees during the period 5 1

HUSDAN CIC

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2022 3,946 194 4,140
Additions 2,504 989 3,493
Disposals
Revaluations
Transfers
At 31 December 2022 6,450 1,183 7,633
Depreciation
At 1 January 2022 986 65 1,051
Charge for year 1,572 312 1,884
On disposals
Other adjustments
At 31 December 2022 2,558 377 2,935
Net book value
At 31 December 2022 3,892 806 4,698
At 31 December 2021 2,960 129 3,089

HUSDAN CIC

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Stocks

2022 15 months to 31 December 2021
£ £
Stocks 500 500
Total 500 500

HUSDAN CIC

Notes to the Financial Statements

for the Period Ended 31 December 2022

5. Creditors: amounts falling due within one year note

2022 15 months to 31 December 2021
£ £
Taxation and social security 297 349
Accruals and deferred income 227 10,720
Other creditors 3,264 2,838
Total 3,788 13,907

COMMUNITY INTEREST ANNUAL REPORT

HUSDAN CIC

Company Number: 12894900 (England and Wales)

Year Ending: 31 December 2022

Company activities and impact

We have delivered a range of activities to benefit the wider community including:- Providing a cafe in Fenton to support the local community.- Providing free school meals and half term meals and community activities for children during half term.- Providing a monthly meal and social gathering for the local community.- Free space for art and crafts groups.- Providing a free venue for the running of various courses including first aid courses.- Providing free meeting space for a mum's in business group.- Providing free meals for Alice Charity, a local charity to help struggling local people.

Consultation with stakeholders

The stakeholders are the founder who runs the cafe and his wife, and two other Non Executive directors whom regular meetings are held to discuss activities proposed and review how current activities are being rolled out.

Directors' remuneration

The Director Ben Husdan received remuneration of £11,039 during the year.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
28 September 2023

And signed on behalf of the board by:
Name: Ben Husdan
Status: Director