RECOVERY COMMUNITY SERVICES CIC

Company limited by guarantee

Company Registration Number:
13291423 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 April 2023

End date: 31 March 2024

RECOVERY COMMUNITY SERVICES CIC

Contents of the Financial Statements

for the Period Ended 31 March 2024

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

RECOVERY COMMUNITY SERVICES CIC

Directors' report period ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Principal activities of the company

The company's principal activity during the year continued to be Other social work activities without accommodation not elsewhere classified



Directors

The directors shown below have held office during the whole of the period from
1 April 2023 to 31 March 2024

Adebowale Elijah TOMOMEWO
Ayomide Babatunde ARIJE-TOGUNLOJU


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 April 2024

And signed on behalf of the board by:
Name: Adebowale Elijah TOMOMEWO
Status: Director

RECOVERY COMMUNITY SERVICES CIC

Profit And Loss Account

for the Period Ended 31 March 2024

2024 2023


£

£
Turnover: 3,482 7,374
Gross profit(or loss): 3,482 7,374
Administrative expenses: ( 3,847 ) ( 7,925 )
Operating profit(or loss): (365) (551)
Profit(or loss) before tax: (365) (551)
Profit(or loss) for the financial year: (365) (551)

RECOVERY COMMUNITY SERVICES CIC

Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Current assets
Cash at bank and in hand: 40 46
Total current assets: 40 46
Creditors: amounts falling due within one year: 3 ( 1,292 ) ( 933 )
Net current assets (liabilities): (1,252) (887)
Total assets less current liabilities: (1,252) ( 887)
Total net assets (liabilities): (1,252) (887)
Members' funds
Profit and loss account: (1,252) ( 887)
Total members' funds: ( 1,252) (887)

The notes form part of these financial statements

RECOVERY COMMUNITY SERVICES CIC

Balance sheet statements

For the year ending 31 March 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 4 April 2024
and signed on behalf of the board by:

Name: Adebowale Elijah TOMOMEWO
Status: Director

The notes form part of these financial statements

RECOVERY COMMUNITY SERVICES CIC

Notes to the Financial Statements

for the Period Ended 31 March 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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

RECOVERY COMMUNITY SERVICES CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

RECOVERY COMMUNITY SERVICES CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Creditors: amounts falling due within one year note

2024 2023
£ £
Other creditors 1,292 933
Total 1,292 933

COMMUNITY INTEREST ANNUAL REPORT

RECOVERY COMMUNITY SERVICES CIC

Company Number: 13291423 (England and Wales)

Year Ending: 31 March 2024

Company activities and impact

RECOVERY COMMUNITY SERVICES C.I.C. focused on Activities of Other social work activities without accommodation not elsewhere classified.

Consultation with stakeholders

The main stakeholders for RECOVERY COMMUNITY SERVICES C.I.C are the members of the organisation.

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
4 April 2024

And signed on behalf of the board by:
Name: Adebowale Elijah TOMOMEWO
Status: Director