GOODSTITCH CIC

Company Registration Number:
12656470 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 July 2023

End date: 31 March 2024

GOODSTITCH CIC

Contents of the Financial Statements

for the Period Ended 31 March 2024

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

GOODSTITCH CIC

Profit And Loss Account

for the Period Ended 31 March 2024

9 months to 31 March 2024 2023


£

£
Turnover: 0 31
Cost of sales: ( 180 ) ( 227 )
Gross profit(or loss): (180) (196)
Operating profit(or loss): (180) (196)
Profit(or loss) before tax: (180) (196)
Profit(or loss) for the financial year: (180) (196)

GOODSTITCH CIC

Balance sheet

As at 31 March 2024

Notes 9 months to 31 March 2024 2023


£

£
Current assets
Cash at bank and in hand: 85 247
Total current assets: 85 247
Creditors: amounts falling due within one year: 3 ( 18 )
Net current assets (liabilities): 67 247
Total assets less current liabilities: 67 247
Total net assets (liabilities): 67 247
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (33 ) 147
Total Shareholders' funds: 67 247

The notes form part of these financial statements

GOODSTITCH 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 12 April 2024
and signed on behalf of the board by:

Name: Christopher John Rushbrooke
Status: Director

The notes form part of these financial statements

GOODSTITCH 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

GOODSTITCH CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    9 months to 31 March 2024 2023
    Average number of employees during the period 0 0

GOODSTITCH CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Creditors: amounts falling due within one year note

9 months to 31 March 2024
£
Accruals and deferred income 18
Total 18

COMMUNITY INTEREST ANNUAL REPORT

GOODSTITCH CIC

Company Number: 12656470 (England and Wales)

Year Ending: 31 March 2024

Company activities and impact

The company was created to provide a zero-cost clothing platform for charities, poffering free design, fulfilment and customer service as well as maintaining the e-commerce website and managing social media. During the financial year 22/23 GoodStitch’s activities have been significantly reduced as the volume of work required to run the platform has become unviable. As such, we have taken the decision to cease trading of the company.

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
12 April 2024

And signed on behalf of the board by:
Name: Christopher John Rushbrooke
Status: Director