CIRCULAR11 COMMUNITIES C.I.C.

Company Registration Number:
13483783 (England and Wales)

Unaudited statutory accounts for the year ended 5 April 2023

Period of accounts

Start date: 1 July 2022

End date: 5 April 2023

CIRCULAR11 COMMUNITIES C.I.C.

Contents of the Financial Statements

for the Period Ended 5 April 2023

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

CIRCULAR11 COMMUNITIES C.I.C.

Directors' report period ended 5 April 2023

The directors present their report with the financial statements of the company for the period ended 5 April 2023

Principal activities of the company

The principal activity of the company in the period under review was that of manufacturing of plastic products



Directors

The directors shown below have held office during the whole of the period from
1 July 2022 to 5 April 2023

MR BP GIBBONS
MR C G WINTER


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
29 December 2023

And signed on behalf of the board by:
Name: MR BP GIBBONS
Status: Director

CIRCULAR11 COMMUNITIES C.I.C.

Profit And Loss Account

for the Period Ended 5 April 2023

9 months to 5 April 2023 2022


£

£
Turnover: 500 6,440
Cost of sales: ( 1,953 ) ( 8,137 )
Gross profit(or loss): (1,453) (1,697)
Administrative expenses: ( 30,997 ) ( 12,448 )
Other operating income: 18,931 24,592
Operating profit(or loss): (13,519) 10,447
Profit(or loss) before tax: (13,519) 10,447
Tax: 430 ( 1,891 )
Profit(or loss) for the financial year: (13,089) 8,556

CIRCULAR11 COMMUNITIES C.I.C.

Balance sheet

As at 5 April 2023

Notes 9 months to 5 April 2023 2022


£

£
Fixed assets
Tangible assets: 3 7,689 9,952
Total fixed assets: 7,689 9,952
Current assets
Debtors: 4 48 762
Cash at bank and in hand: 1,923 15,797
Total current assets: 1,971 16,559
Creditors: amounts falling due within one year: 5 ( 12,731 ) ( 16,063 )
Net current assets (liabilities): (10,760) 496
Total assets less current liabilities: (3,071) 10,448
Provision for liabilities: ( 1,461 ) ( 1,891 )
Total net assets (liabilities): (4,532) 8,557
Capital and reserves
Called up share capital: 1 1
Profit and loss account: (4,533 ) 8,556
Total Shareholders' funds: ( 4,532 ) 8,557

The notes form part of these financial statements

CIRCULAR11 COMMUNITIES C.I.C.

Balance sheet statements

For the year ending 5 April 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 29 December 2023
and signed on behalf of the board by:

Name: MR BP GIBBONS
Status: Director

The notes form part of these financial statements

CIRCULAR11 COMMUNITIES C.I.C.

Notes to the Financial Statements

for the Period Ended 5 April 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

    Turnover policy

    Turnover represents the value of goods and services supplied by the company during the year.

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.Plant and machinery : 25% on reducing balance.

    Other accounting policies

    TaxationTaxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive incomeor directly in equity. Current or deferred taxation assets and liabilities are not discounted. Current tax is recognised at the amount of tax payable using the tax rates and laws that have beenenacted or substantively enacted by the balance sheet date.Deferred taxDeferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measuredusing tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it isprobable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.Hire purchase and leasing commitmentsRentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.Pension costs and other post-retirement benefitsThe company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

CIRCULAR11 COMMUNITIES C.I.C.

Notes to the Financial Statements

for the Period Ended 5 April 2023

  • 2. Employees

    9 months to 5 April 2023 2022
    Average number of employees during the period 3 2

CIRCULAR11 COMMUNITIES C.I.C.

Notes to the Financial Statements

for the Period Ended 5 April 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 July 2022 13,269 13,269
Additions 300 300
Disposals
Revaluations
Transfers
At 5 April 2023 13,569 13,569
Depreciation
At 1 July 2022 3,317 3,317
Charge for year 2,563 2,563
On disposals
Other adjustments
At 5 April 2023 5,880 5,880
Net book value
At 5 April 2023 7,689 7,689
At 30 June 2022 9,952 9,952

CIRCULAR11 COMMUNITIES C.I.C.

Notes to the Financial Statements

for the Period Ended 5 April 2023

4. Debtors

9 months to 5 April 2023 2022
£ £
Other debtors 48 762
Total 48 762

CIRCULAR11 COMMUNITIES C.I.C.

Notes to the Financial Statements

for the Period Ended 5 April 2023

5. Creditors: amounts falling due within one year note

9 months to 5 April 2023 2022
£ £
Accruals and deferred income 2,014 1,550
Other creditors 10,717 14,513
Total 12,731 16,063

COMMUNITY INTEREST ANNUAL REPORT

CIRCULAR11 COMMUNITIES C.I.C.

Company Number: 13483783 (England and Wales)

Year Ending: 5 April 2023

Company activities and impact

To provide cheaper and more environmentally friendly building materials

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: MR B P GIBBONS
Status: Director