WELL SPACE HACKNEY COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
12775967 (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

WELL SPACE HACKNEY COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 July 2023

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

WELL SPACE HACKNEY COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 July 2023

Notes 2023 2022


£

£
Current assets
Debtors: 3 0 178
Cash at bank and in hand: 4,898 262
Total current assets: 4,898 440
Creditors: amounts falling due within one year: 4 ( 1,247 ) ( 928 )
Net current assets (liabilities): 3,651 (488)
Total assets less current liabilities: 3,651 ( 488)
Total net assets (liabilities): 3,651 (488)
Members' funds
Profit and loss account: 3,651 ( 488)
Total members' funds: 3,651 (488)

The notes form part of these financial statements

WELL SPACE HACKNEY 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.

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 26 March 2024
and signed on behalf of the board by:

Name: Lydia Hartshorn
Status: Director

The notes form part of these financial statements

WELL SPACE HACKNEY 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

WELL SPACE HACKNEY 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 0

WELL SPACE HACKNEY COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 July 2023

3. Debtors

2023 2022
£ £
Trade debtors 0 178
Total 0 178

WELL SPACE HACKNEY COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Taxation and social security 720 0
Accruals and deferred income 480 880
Other creditors 47 48
Total 1,247 928

COMMUNITY INTEREST ANNUAL REPORT

WELL SPACE HACKNEY COMMUNITY INTEREST COMPANY

Company Number: 12775967 (England and Wales)

Year Ending: 31 July 2023

Company activities and impact

The company runs a community space in London with an emphasis on creativity and well being. The company makes money by hiring the space to groups at affordable and flexible rates. Some groups use the space for free if they cannot afford which makes it accessible to economically marginalised groups. The company is run by volunteers. - continued to be used by NHS mental health service users who say they like being in the space as it is creative and non clinical. - used by various grassroots groups including LGBTQIA + groups, women lead bike mechanic workshops and free sewing workshops. We hosted a christmas market with local makers, free workshops and a free swap shop.- hosted artist run textile workshops that culminated in an installation made by and for the community - used monthly for a open mic poetry and spoken word event in collaborationwith another local CIC

Consultation with stakeholders

There are no stakeholders and the company is limited by guarantee.

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
26 March 2024

And signed on behalf of the board by:
Name: Lydia Hartshorn
Status: Director