FAIRCAP CIC

Company Registration Number:
10230714 (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

FAIRCAP CIC

Contents of the Financial Statements

for the Period Ended 30 June 2023

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

FAIRCAP CIC

Profit And Loss Account

for the Period Ended 30 June 2023

2023 2022


£

£
Turnover: 1,583 12,073
Cost of sales: 0
Gross profit(or loss): 1,583 12,073
Administrative expenses: ( 17,993 ) ( 31,155 )
Operating profit(or loss): (16,410) (19,082)
Profit(or loss) before tax: (16,410) (19,082)
Profit(or loss) for the financial year: (16,410) (19,082)

FAIRCAP CIC

Balance sheet

As at 30 June 2023

Notes 2023 2022


£

£
Current assets
Stocks: 3 13,193 12,290
Cash at bank and in hand: 7,355 24,668
Total current assets: 20,548 36,958
Net current assets (liabilities): 20,548 36,958
Total assets less current liabilities: 20,548 36,958
Total net assets (liabilities): 20,548 36,958
Capital and reserves
Called up share capital: 36,958 56,040
Profit and loss account: (16,410 ) (19,082 )
Total Shareholders' funds: 20,548 36,958

The notes form part of these financial statements

FAIRCAP CIC

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 6 March 2024
and signed on behalf of the board by:

Name: Mauricio Cordova
Status: Director

The notes form part of these financial statements

FAIRCAP CIC

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 Financial Reporting Standard 101

FAIRCAP CIC

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 2 3

FAIRCAP CIC

Notes to the Financial Statements

for the Period Ended 30 June 2023

3. Stocks

2023 2022
£ £
Stocks 13,193 12,290
Total 13,193 12,290

COMMUNITY INTEREST ANNUAL REPORT

FAIRCAP CIC

Company Number: 10230714 (England and Wales)

Year Ending: 30 June 2023

Company activities and impact

During the financial year we continued developing water purification and water quality measurement devices specially designed for humanitarian emergencies. We supplied these devices to projects run by Action Against Hunger in Niger and Mali benefiting over 1000 families. We also developed a low cost water quality portable laboratory which can be used by non profit organizations to measure the fecal contamination in water samples at a low cost and anywhere in the world. This enables organizations to raise awareness about the importance of microbiological contamination in driking water in the communities they operate. We supplied these portable labs to organizations like MSF and the International Federation of the Red Cross

Consultation with stakeholders

We are in constant communication with foundations, non profit humanitarian and development organizations to continue the design iteration of our innovations, conducts pilots distributions in more countries, receive feedback from beneficiaries, assess the quality of drinking water and the easy of use as well as the functionality of our products. We have received feedback from organizations like Cesvi in Gaza and Oxfam in Irak thru a joint study to compare 4 different emergency household water filters.

Directors' remuneration

The director's remuneration during the financial year was 10279 pounds.

Transfer of assets

No transfer of assets other than for full consideration

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

And signed on behalf of the board by:
Name: Mauricio Cordova
Status: Director