NORFOLK BEACH CLEANS CIC

Company limited by guarantee

Company Registration Number:
13611104 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2023

Period of accounts

Start date: 1 October 2022

End date: 30 September 2023

NORFOLK BEACH CLEANS CIC

Contents of the Financial Statements

for the Period Ended 30 September 2023

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

NORFOLK BEACH CLEANS CIC

Directors' report period ended 30 September 2023

The directors present their report with the financial statements of the company for the period ended 30 September 2023

Directors

The director shown below has held office during the whole of the period from
1 October 2022 to 30 September 2023

Emma Sturman


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
12 February 2024

And signed on behalf of the board by:
Name: Emma Sturman
Status: Director

NORFOLK BEACH CLEANS CIC

Profit And Loss Account

for the Period Ended 30 September 2023

2023 13 months to 30 September 2022


£

£
Turnover: 4,064 3,731
Cost of sales: ( 490 )
Gross profit(or loss): 3,574 3,731
Administrative expenses: ( 3,065 ) ( 2,133 )
Operating profit(or loss): 509 1,598
Profit(or loss) before tax: 509 1,598
Tax: ( 122 ) ( 204 )
Profit(or loss) for the financial year: 387 1,394

NORFOLK BEACH CLEANS CIC

Balance sheet

As at 30 September 2023

Notes 2023 13 months to 30 September 2022


£

£
Fixed assets
Tangible assets: 3 1,820 1,076
Total fixed assets: 1,820 1,076
Current assets
Cash at bank and in hand: 1,517 1,530
Total current assets: 1,517 1,530
Creditors: amounts falling due within one year: 4 ( 1,229 ) ( 1,008 )
Net current assets (liabilities): 288 522
Total assets less current liabilities: 2,108 1,598
Provision for liabilities: ( 327 ) ( 204 )
Total net assets (liabilities): 1,781 1,394
Members' funds
Profit and loss account: 1,781 1,394
Total members' funds: 1,781 1,394

The notes form part of these financial statements

NORFOLK BEACH CLEANS CIC

Balance sheet statements

For the year ending 30 September 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 12 February 2024
and signed on behalf of the board by:

Name: Emma Sturman
Status: Director

The notes form part of these financial statements

NORFOLK BEACH CLEANS CIC

Notes to the Financial Statements

for the Period Ended 30 September 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

    TurnoverTurnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenueearned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similarallowances.Sale of goodsTurnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This isusually at the point that the customer has signed for the delivery of the goods.Rendering of servicesTurnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract ismeasured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extentof recoverable expenses when the outcome of a contract cannot be estimated reliably.

    Tangible fixed assets depreciation policy

    Plant & Machinery SL 4 years

    Other accounting policies

    Plant & Machinery SL 4 years2.4. TaxationIncome tax expense represents the sum of the tax currently payable and deferred tax.The tax currently payable is based on taxable surplus for the year. Taxable surplus differs from surplus as reported in the statement of comprehensiveincome because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. Thecompany's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and thecorresponding tax bases used in the computation of taxable surplus. Deferred tax liabilities are generally recognised for all taxable timing differences.Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable surplus will beavailable against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of eachreporting period and reduced to the extent that it is no longer probable that sufficient taxable surplus will be available to allow all or part of the assetto be recovered.Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the assetrealised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilitiesare presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect thetax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle thecarrying amount of its assets and liabilities.Current or deferred tax for the year is recognised in surplus or deficit, except when they related to items that are recognised in other comprehensiveincome or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equityrespectively.

NORFOLK BEACH CLEANS CIC

Notes to the Financial Statements

for the Period Ended 30 September 2023

  • 2. Employees

    2023 13 months to 30 September 2022
    Average number of employees during the period 1 1

NORFOLK BEACH CLEANS CIC

Notes to the Financial Statements

for the Period Ended 30 September 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 October 2022 1,435 1,435
Additions 1,470 1,470
Disposals
Revaluations
Transfers
At 30 September 2023 2,905 2,905
Depreciation
At 1 October 2022 359 359
Charge for year 726 726
On disposals
Other adjustments
At 30 September 2023 1,085 1,085
Net book value
At 30 September 2023 1,820 1,820
At 30 September 2022 1,076 1,076

NORFOLK BEACH CLEANS CIC

Notes to the Financial Statements

for the Period Ended 30 September 2023

4. Creditors: amounts falling due within one year note

2023 13 months to 30 September 2022
£ £
Accruals and deferred income 438 420
Other creditors 791 588
Total 1,229 1,008

COMMUNITY INTEREST ANNUAL REPORT

NORFOLK BEACH CLEANS CIC

Company Number: 13611104 (England and Wales)

Year Ending: 30 September 2023

Company activities and impact

Within the financial year (01.10.22 to 30.09.23), 778 volunteers (returning volunteers = 357, new volunteers = 421) have taken part in clean-ups, removing 1383 kg of litter from the local environment.Within the financial year (01.10.22 to 30.09.23), there were 50 clean-up events, 10 of which were corporate beach cleans, 17 of which were sponsored by local businesses and 1 river clean.Other activities include the manufacture and installation of an additional two (2) Beach Toy Borrow Boxes at Scratby and Great Yarmouth, where the public can donate their unwanted beach toys for others to reuse.The environmental impact the company’s activities have made within the community is first and foremost, however the impact has also benefitted volunteer’s mental and physical wellbeing.

Consultation with stakeholders

Norfolk Beach Cleans CIC is a community interest company to benefit the community, therefore the stakeholders are the local community.The community are informed and updated with the work conducted by Norfolk Beach Cleans via social media channels (Facebook & Instagram) and via the website.Various news outlets such as newspapers, magazines and radio stations have interviewed myself (Emma Sturman) to further broadcast and raise awareness of the important work and volunteering activities offered by Norfolk Beach Cleans.Community beach clean events are listed on Facebook and the website for the public to sign up and get involved

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
6 February 2024

And signed on behalf of the board by:
Name: Emma Sturman
Status: Director