YOUR COMMUNITY HUB COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
09123504 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2023

Period of accounts

Start date: 1 August 2022

End date: 31 July 2023

YOUR COMMUNITY HUB COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 July 2023

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

YOUR COMMUNITY HUB COMMUNITY INTEREST COMPANY

Directors' report period ended 31 July 2023

The directors present their report with the financial statements of the company for the period ended 31 July 2023

Directors

The directors shown below have held office during the whole of the period from
1 August 2022 to 31 July 2023

Nathan James Taylor
Melissa Jayne Taylor
Claire Wollington
Jessica Laver


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
5 April 2024

And signed on behalf of the board by:
Name: Nathan James Taylor
Status: Director

YOUR COMMUNITY HUB COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 31 July 2023

2023 2022


£

£
Turnover: 266,166 588,122
Cost of sales: ( 23,361 ) ( 199,805 )
Gross profit(or loss): 242,805 388,317
Administrative expenses: ( 284,349 ) ( 403,436 )
Other operating income: 13,500 0
Operating profit(or loss): (28,044) (15,119)
Profit(or loss) before tax: (28,044) (15,119)
Profit(or loss) for the financial year: (28,044) (15,119)

YOUR COMMUNITY HUB COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 July 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 74,071 94,095
Total fixed assets: 74,071 94,095
Current assets
Stocks: 4 3,562 3,546
Cash at bank and in hand: 10,362 11,739
Total current assets: 13,924 15,285
Creditors: amounts falling due within one year: 5 ( 14,849 ) ( 8,190 )
Net current assets (liabilities): (925) 7,095
Total assets less current liabilities: 73,146 101,190
Total net assets (liabilities): 73,146 101,190
Members' funds
Profit and loss account: 73,146 101,190
Total members' funds: 73,146 101,190

The notes form part of these financial statements

YOUR COMMUNITY HUB COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 31 July 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 5 April 2024
and signed on behalf of the board by:

Name: Nathan James Taylor
Status: Director

The notes form part of these financial statements

YOUR COMMUNITY HUB COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 July 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

YOUR COMMUNITY HUB COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 1 1

YOUR COMMUNITY HUB COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 July 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 August 2022 200,236 40,670 240,906
Additions
Disposals
Revaluations
Transfers
At 31 July 2023 200,236 40,670 240,906
Depreciation
At 1 August 2022 106,141 40,670 146,811
Charge for year 20,024 20,024
On disposals
Other adjustments
At 31 July 2023 126,165 40,670 166,835
Net book value
At 31 July 2023 74,071 0 74,071
At 31 July 2022 94,095 0 94,095

YOUR COMMUNITY HUB COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Stocks

2023 2022
£ £
Stocks 3,562 3,546
Total 3,562 3,546

YOUR COMMUNITY HUB COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 July 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Taxation and social security 4,003 8,189
Other creditors 10,846 1
Total 14,849 8,190

COMMUNITY INTEREST ANNUAL REPORT

YOUR COMMUNITY HUB COMMUNITY INTEREST COMPANY

Company Number: 09123504 (England and Wales)

Year Ending: 31 July 2023

Company activities and impact

Your Community Hub has further strengthened its fundraising activities to support its continuous running of local services and this year has seen it take on further community assets which have opened up significant fundraising opportunities year round.YCH benefiting both finically from income and the community by the underpinning of services with this sustainable financial strand of income.

Consultation with stakeholders

The company’s stakeholders remain local volunteers and community members who register at both community Hubs with over 90% living within a 2mile radius of either Humberston or Grant Thorold Hub.The directors of the company live in the immediate vicinity and have developed the business model for the Hubs based on their experience of talking to other residents.Wither incorporation of a suggestion box and 1/4 yearly consultations we are able to drive the hubs forward creating a sustainable future for libraries and community Hub in the areas we work in.

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
5 April 2024

And signed on behalf of the board by:
Name: Nathan James Taylor
Status: Director