FREDDIE’S FIBRE FRIENDS CIC

Company Registration Number:
13408204 (England and Wales)

Unaudited statutory accounts for the year ended 29 February 2024

Period of accounts

Start date: 1 June 2023

End date: 29 February 2024

FREDDIE’S FIBRE FRIENDS CIC

Contents of the Financial Statements

for the Period Ended 29 February 2024

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

FREDDIE’S FIBRE FRIENDS CIC

Profit And Loss Account

for the Period Ended 29 February 2024

9 months to 29 February 2024 2023


£

£
Cost of sales: ( 943 ) ( 131 )
Gross profit(or loss): (943) (131)
Administrative expenses: ( 213 ) ( 1,173 )
Other operating income: 1,149 668
Operating profit(or loss): (7) (636)
Interest payable and similar charges: ( 1,957 )
Profit(or loss) before tax: (1,964) (636)
Profit(or loss) for the financial year: (1,964) (636)

FREDDIE’S FIBRE FRIENDS CIC

Balance sheet

As at 29 February 2024

Notes 9 months to 29 February 2024 2023


£

£
Fixed assets
Tangible assets: 3 0 1,957
Total fixed assets: 0 1,957
Creditors: amounts falling due within one year: 4 ( 1,833 ) ( 1,834 )
Net current assets (liabilities): (1,833) (1,826)
Total assets less current liabilities: (1,833) 131
Total net assets (liabilities): (1,833) 131
Capital and reserves
Called up share capital: 2 2
Profit and loss account: (1,835 ) 129
Total Shareholders' funds: ( 1,833 ) 131

The notes form part of these financial statements

FREDDIE’S FIBRE FRIENDS CIC

Balance sheet statements

For the year ending 29 February 2024 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 29 March 2024
and signed on behalf of the board by:

Name: Julia Squires
Status: Director

The notes form part of these financial statements

FREDDIE’S FIBRE FRIENDS CIC

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 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

    Other accounting policies

    This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

FREDDIE’S FIBRE FRIENDS CIC

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 2. Employees

    9 months to 29 February 2024 2023
    Average number of employees during the period 2 2

FREDDIE’S FIBRE FRIENDS CIC

Notes to the Financial Statements

for the Period Ended 29 February 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 June 2023 3,091 3,091
Additions
Disposals ( 3,091 ) ( 3,091 )
Revaluations
Transfers
At 29 February 2024 0 0
Depreciation
At 1 June 2023 1,134 1,134
Charge for year
On disposals ( 1,134 ) ( 1,134 )
Other adjustments
At 29 February 2024 0 0
Net book value
At 29 February 2024 0 0
At 31 May 2023 1,957 1,957

FREDDIE’S FIBRE FRIENDS CIC

Notes to the Financial Statements

for the Period Ended 29 February 2024

4. Creditors: amounts falling due within one year note

9 months to 29 February 2024 2023
£ £
Other creditors 1,833 1,834
Total 1,833 1,834

FREDDIE’S FIBRE FRIENDS CIC

Notes to the Financial Statements

for the Period Ended 29 February 2024

5. Financial Commitments

The company ceased trading on 29th February, 2024. At that date the company did not owe anyone apart from the directors. The directors however committed to make good any amounts that may be owed to HMRC (THOUGH THERE WAS NO FORESEABLE INDEBTEDNESS)

COMMUNITY INTEREST ANNUAL REPORT

FREDDIE’S FIBRE FRIENDS CIC

Company Number: 13408204 (England and Wales)

Year Ending: 29 February 2024

Company activities and impact

The company has provided educational support for youth who would not have engaged with normal educational outlets

Consultation with stakeholders

The company had offered fibre craft to children with SEN or those struggling with their wellbeing

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
29 March 2024

And signed on behalf of the board by:
Name: Julia Squires
Status: Director