NO LIMITS COMMUNITY CAFÉ AND HUB COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
11351268 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2023

Period of accounts

Start date: 1 June 2022

End date: 31 May 2023

NO LIMITS COMMUNITY CAFÉ AND HUB COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 May 2023

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

NO LIMITS COMMUNITY CAFÉ AND HUB COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 May 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 54,764 64,583
Total fixed assets: 54,764 64,583
Current assets
Stocks: 4 2,475 1,036
Debtors: 5 20,487 21,996
Cash at bank and in hand: 21,871 56,059
Total current assets: 44,833 79,091
Creditors: amounts falling due within one year: 6 ( 63,258 ) ( 143,674 )
Net current assets (liabilities): (18,425) (64,583)
Total assets less current liabilities: 36,339 0
Total net assets (liabilities): 36,339 0
Members' funds
Profit and loss account: 36,339 0
Total members' funds: 36,339 0

The notes form part of these financial statements

NO LIMITS COMMUNITY CAFÉ AND HUB COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 31 May 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 29 February 2024
and signed on behalf of the board by:

Name: Sarah Thorp
Status: Director

The notes form part of these financial statements

NO LIMITS COMMUNITY CAFÉ AND HUB COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 May 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 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.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:Leasehold land and buildings - over term of the leasePlant and machinery - over 5 yearsFF & Equipment - over 5 years

    Intangible fixed assets amortisation policy

    Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

    Other accounting policies

    StocksStocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.DebtorsShort term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.CreditorsShort term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.TaxationA current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

NO LIMITS COMMUNITY CAFÉ AND HUB COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 16 11

NO LIMITS COMMUNITY CAFÉ AND HUB COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 May 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 June 2022 63,682 20,720 2,898 87,300
Additions 197 278 475
Disposals
Revaluations
Transfers
At 31 May 2023 63,682 20,917 3,176 87,775
Depreciation
At 1 June 2022 14,377 6,958 1,382 22,717
Charge for year 6,369 3,546 379 10,294
On disposals
Other adjustments
At 31 May 2023 20,746 10,504 1,761 33,011
Net book value
At 31 May 2023 42,936 10,413 1,415 54,764
At 31 May 2022 49,305 13,762 1,516 64,583

NO LIMITS COMMUNITY CAFÉ AND HUB COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 May 2023

4. Stocks

2023 2022
£ £
Stocks 2,475 1,036
Total 2,475 1,036

NO LIMITS COMMUNITY CAFÉ AND HUB COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 May 2023

5. Debtors

2023 2022
£ £
Trade debtors 11,363 10,247
Prepayments and accrued income 1,635 8,464
Other debtors 7,489 3,285
Total 20,487 21,996

NO LIMITS COMMUNITY CAFÉ AND HUB COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 May 2023

6. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 2,260 8,932
Taxation and social security 158 1,247
Other creditors 60,840 133,495
Total 63,258 143,674

COMMUNITY INTEREST ANNUAL REPORT

NO LIMITS COMMUNITY CAFÉ AND HUB COMMUNITY INTEREST COMPANY

Company Number: 11351268 (England and Wales)

Year Ending: 31 May 2023

Company activities and impact

No Limits Community Cafe & Hub is a Community Interest Company that provides employability skills, customer service skills and barista skills to adults with different abilities in order to support them in accessing paid employment and living a more independent life. We offer Supported Employment opportunities in the form of work experience, Supported Internships, Supported Apprenticeships and paid employment for adults who need additional support.In addition, we are Disability Confident Leaders who offer Outreach advice advice and services to other individuals and organisations in becoming disability confident, making reasonable accommodations and securing funding for adaptations, equipment and Job Coaching.We envisage that the number moving into paid employment will increase with our new Outreach work, as we have limited paid opportunities with but can facilitate so many opportunities in the wider community.

Consultation with stakeholders

We work alongside many local organisations, charities and services (including health, social and education) whilst providing our services. Our Key stakeholders at present include;Local Special provision schools,Devon County CouncilPresentations about Supported Internships and Work Experience Opportunities and meeting with two possible provisions for outreach support.Colleges for Internships and ApprenticeshipsWorking on Supported Internships and Apprenticeships,Working on Supported Internships 'work group' with colleges and County Council Social Prescribers,We continue to support the members of the public by providing a safe welcoming space where people can come to meet or meet with their social Prescribers in a non-judgemental environment.The Rotary Club,We support their golf days with catering provision, and they continue to support us with adhoc funding Newton Abbot Chamber of Commerce,As a member we have a page on their website about Supported Employment and we network with local employers regarding out project and supported employment for people with disabilities.The Rees Foundation,We continue to be a safe space for the Care Experienced, we have our own 'Rees Ambassador' who is Care Experienced themselves and offers support and signposting to customers. We offer Rees discount to card holders for food and drink which the Rees Foundation reimburse.The National Lottery Community Fund, who has given us another 3 years of funding to support our Outreach project.Devon County Council,We are piloting a Supported Employment scheme with funding from the Council. We provide work placements for people in receipt of County funded Direct Payments.Coop Community fundJob Centre Plus, DWP Access to WorkReferrals to our Work Experience Programme which we provide every 8 weeks.This is always growing as we move further towards expanding our Outreach Programme and working with other organisations. We have been commissioned by Devon County Council to complete an Outreach pilot for their Supported Internship work due to our reputations and results with No Limits provisions.We have a Supported Apprenticeship within the Cafe completing a level 2 Production Chef course at South Devon College. Our Coffee Company provides free Barista training every 8 weeks for our participants. The Rees foundation provide free drink and reduced food for 'care experienced' customers.

Directors' remuneration

A total remuneration of £50,220There were no other transactions or arrangements in connection with the remuneration of directors or compensation for director's loss of office, which require disclosure.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
29 February 2024

And signed on behalf of the board by:
Name: Ms Sarah Thorp
Status: Director