OUR COMMUNITY ENTERPRISE C.I.C.

Company Registration Number:
07660588 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2023

Period of accounts

Start date: 1 July 2022

End date: 30 June 2023

OUR COMMUNITY ENTERPRISE C.I.C.

Contents of the Financial Statements

for the Period Ended 30 June 2023

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

OUR COMMUNITY ENTERPRISE C.I.C.

Directors' report period ended 30 June 2023

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

Principal activities of the company

We provide services such as fundraising, business planning, community shares support, project evaluation and mentoring. We help good people do great things.

Political and charitable donations

The company did not make political and charitable donations, but did provide in-kind support to voluntary and community sector organisations.



Directors

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

Michael Beaven


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
4 March 2024

And signed on behalf of the board by:
Name: Michael Beaven
Status: Director

OUR COMMUNITY ENTERPRISE C.I.C.

Profit And Loss Account

for the Period Ended 30 June 2023

2023 2022


£

£
Turnover: 113,084 127,645
Cost of sales: ( 14,225 )
Gross profit(or loss): 98,859 127,645
Administrative expenses: ( 89,731 ) ( 125,208 )
Operating profit(or loss): 9,128 2,437
Interest receivable and similar income: 178 20
Interest payable and similar charges: ( 576 )
Profit(or loss) before tax: 9,306 1,881
Tax: ( 646 )
Profit(or loss) for the financial year: 8,660 1,881

OUR COMMUNITY ENTERPRISE C.I.C.

Balance sheet

As at 30 June 2023

Notes 2023 2022


£

£
Fixed assets
Intangible assets: 3 1 1
Total fixed assets: 1 1
Current assets
Debtors: 4 18,087 18,313
Cash at bank and in hand: 13,183 7,507
Total current assets: 31,270 25,820
Creditors: amounts falling due within one year: 5 ( 12,905 ) ( 12,535 )
Net current assets (liabilities): 18,365 13,285
Total assets less current liabilities: 18,366 13,286
Creditors: amounts falling due after more than one year: 6 ( 12,618 ) ( 16,844 )
Total net assets (liabilities): 5,748 (3,558)
Capital and reserves
Called up share capital: 120 120
Profit and loss account: 5,628 (3,678 )
Total Shareholders' funds: 5,748 (3,558)

The notes form part of these financial statements

OUR COMMUNITY ENTERPRISE C.I.C.

Balance sheet statements

For the year ending 30 June 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 4 March 2024
and signed on behalf of the board by:

Name: Michael Beaven
Status: Director

The notes form part of these financial statements

OUR COMMUNITY ENTERPRISE C.I.C.

Notes to the Financial Statements

for the Period Ended 30 June 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

OUR COMMUNITY ENTERPRISE C.I.C.

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 3 4

OUR COMMUNITY ENTERPRISE C.I.C.

Notes to the Financial Statements

for the Period Ended 30 June 2023

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 July 2022 1 1
Additions
Disposals
Revaluations
Transfers
At 30 June 2023 1 1
Amortisation
At 1 July 2022 0 0
Charge for year
On disposals
Other adjustments
At 30 June 2023 0 0
Net book value
At 30 June 2023 1 1
At 30 June 2022 1 1

OUR COMMUNITY ENTERPRISE C.I.C.

Notes to the Financial Statements

for the Period Ended 30 June 2023

4. Debtors

2023 2022
£ £
Trade debtors 18,087 18,313
Total 18,087 18,313

OUR COMMUNITY ENTERPRISE C.I.C.

Notes to the Financial Statements

for the Period Ended 30 June 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 5,000 5,000
Taxation and social security 7,580 7,225
Other creditors 325 310
Total 12,905 12,535

OUR COMMUNITY ENTERPRISE C.I.C.

Notes to the Financial Statements

for the Period Ended 30 June 2023

6. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Bank loans and overdrafts 12,618 16,844
Total 12,618 16,844

COMMUNITY INTEREST ANNUAL REPORT

OUR COMMUNITY ENTERPRISE C.I.C.

Company Number: 07660588 (England and Wales)

Year Ending: 30 June 2023

Company activities and impact

The principal activity of the company is the raising of funds for public and community sector organisations, together with business planning, project and partnership development, for the benefit of the community. We help good people do great things. Since the company was founded it has worked with community and public sector organisations to secure nearly £34m of funding for the public good. The company is an asset-locked social enterprise, with a policy and a track record of helping other community and public sector organisations. The Director of the company is a volunteer Director of Community Benefit Society, MaidEnergy ltd, and the company is supporting a new society, SaveEnergy CBS, providing significant in-kind support. The company has supported community businesses such as MaidEnergy and Tollesbury Climate Partnership with successful Community Share offers.

Consultation with stakeholders

The company works with other organisations who provide support to people with disadvantage or act in communities, both geographical and in communities of interest. We help these organisations with consultation with their stakeholder, and feed this back into our work, but do not directly consult with users ourselves.

Directors' remuneration

Remuneration (salary and on-costs) for employees who are Directors amounted to £37,483, plus pension payments of £1,664. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
4 March 2024

And signed on behalf of the board by:
Name: Michael Beaven
Status: Director