COMMUNITY RECYCLING (NORTHERN) CIC

Company limited by guarantee

Company Registration Number:
08589644 (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

COMMUNITY RECYCLING (NORTHERN) CIC

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

COMMUNITY RECYCLING (NORTHERN) CIC

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

The aim of the company is to use the recycling and refurbishment of redundant electrical and electronic equipment to fund the training and employment of individuals with physical and/or mental health issues

Company policy on disabled employees

The company has in place a full procedure to support disadvantaged and vulnerable individuals as identified in its aim



Directors

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

William Edward Harvey


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
7 March 2024

And signed on behalf of the board by:
Name: William Edward Harvey
Status: Director

COMMUNITY RECYCLING (NORTHERN) CIC

Profit And Loss Account

for the Period Ended 30 June 2023

2023 2022


£

£
Turnover: 0 67,695
Cost of sales: 0 ( 74,626 )
Gross profit(or loss): 0 (6,931)
Distribution costs: 0 0
Administrative expenses: 0 ( 6,941 )
Other operating income: 0 8,297
Operating profit(or loss): 0 (5,575)
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 0 (5,575)
Tax: 0 0
Profit(or loss) for the financial year: 0 (5,575)

COMMUNITY RECYCLING (NORTHERN) CIC

Balance sheet

As at 30 June 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 9,014 9,014
Total fixed assets: 9,014 9,014
Current assets
Cash at bank and in hand: 134 134
Total current assets: 134 134
Creditors: amounts falling due within one year: 4 ( 24,037 ) ( 24,037 )
Net current assets (liabilities): (23,903) (23,903)
Total assets less current liabilities: (14,889) ( 14,889)
Total net assets (liabilities): (14,889) (14,889)
Members' funds
Profit and loss account: (14,889) ( 14,889)
Total members' funds: ( 14,889) (14,889)

The notes form part of these financial statements

COMMUNITY RECYCLING (NORTHERN) 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 7 March 2024
and signed on behalf of the board by:

Name: William Edward Harvey
Status: Director

The notes form part of these financial statements

COMMUNITY RECYCLING (NORTHERN) 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

COMMUNITY RECYCLING (NORTHERN) CIC

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 10

COMMUNITY RECYCLING (NORTHERN) CIC

Notes to the Financial Statements

for the Period Ended 30 June 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 July 2022 9,014 9,014
Additions
Disposals
Revaluations
Transfers
At 30 June 2023 9,014 9,014
Depreciation
At 1 July 2022 0 0
Charge for year 0 0
On disposals
Other adjustments
At 30 June 2023 0 0
Net book value
At 30 June 2023 9,014 9,014
At 30 June 2022 9,014 9,014

COMMUNITY RECYCLING (NORTHERN) CIC

Notes to the Financial Statements

for the Period Ended 30 June 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Other creditors 24,037 24,037
Total 24,037 24,037

COMMUNITY INTEREST ANNUAL REPORT

COMMUNITY RECYCLING (NORTHERN) CIC

Company Number: 08589644 (England and Wales)

Year Ending: 30 June 2023

Company activities and impact

The company has continued to support people with physical and/or mental health issues who would otherwise be unemployed. The directors decided that during this financial year trading would be put on hold until the impact of the new Charity, EEE4Disadvantaged CIO, was assertained. As a consequence there has been no income or expenditure this year.

Consultation with stakeholders

No consultation with stakeholders

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
7 March 2024

And signed on behalf of the board by:
Name: William Harvey
Status: Director