A1 HOUSING CIC

Company limited by guarantee

Company Registration Number:
11536174 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2023

Period of accounts

Start date: 1 September 2022

End date: 31 August 2023

A1 HOUSING CIC

Contents of the Financial Statements

for the Period Ended 31 August 2023

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

A1 HOUSING CIC

Balance sheet

As at 31 August 2023

Notes 2023 2022


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors: 3 45,899 21,113
Cash at bank and in hand: 10,906 11,296
Investments:   0 0
Total current assets: 56,805 32,409
Creditors: amounts falling due within one year: 4 ( 52,932 ) ( 29,693 )
Net current assets (liabilities): 3,873 2,716
Total assets less current liabilities: 3,873 2,716
Total net assets (liabilities): 3,873 2,716
Members' funds
Profit and loss account: 3,873 2,716
Total members' funds: 3,873 2,716

The notes form part of these financial statements

A1 HOUSING CIC

Balance sheet statements

For the year ending 31 August 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 23 April 2024
and signed on behalf of the board by:

Name: Lawrence Charamba
Status: Director

The notes form part of these financial statements

A1 HOUSING CIC

Notes to the Financial Statements

for the Period Ended 31 August 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 consideration receivable. Turnover includes revenue earned from the management and rental of residential properties to local councils. Rental income is recognised on a monthly basis in arrears.

    Other accounting policies

    Income tax expense represents the sum of currently payable tax. The tax is currently payable based on a taxable surplus for the year.

A1 HOUSING CIC

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 2 2

A1 HOUSING CIC

Notes to the Financial Statements

for the Period Ended 31 August 2023

3. Debtors

2023 2022
£ £
Trade debtors 14,899 14,663
Other debtors 31,000 6,450
Total 45,899 21,113

A1 HOUSING CIC

Notes to the Financial Statements

for the Period Ended 31 August 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Taxation and social security 256 1,102
Accruals and deferred income 2,400 4,080
Other creditors 50,276 24,511
Total 52,932 29,693

COMMUNITY INTEREST ANNUAL REPORT

A1 HOUSING CIC

Company Number: 11536174 (England and Wales)

Year Ending: 31 August 2023

Company activities and impact

A1 Housing CIC provides specialist accommodation to people with learning disabilities and mental health needs within the Bexley and Greenwich local authorities. The service has benefitted the community by providing housing solutions to vulnerable adults and thus increasing aware ness of mental disorders through training programmes.

Consultation with stakeholders

Our stakeholders include our tenants, their families/next of kin, local authorities and regulatory bodies. They have not been consulted yet for feedback. Landlords, local authorities, staff, tenants, and their families are the main stakeholders that A1 Housing CIC consults about its services. They obtain regular feedback informally for its stakeholders as the company is in the process of developing its quality assurance systems. However, informal feedback has been received from service users and this has been useful in helping to develop services. A1 Housing CIC has been responsive to both negative and positive feedback as this will help in continuous improvement of its services.

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
23 April 2024

And signed on behalf of the board by:
Name: Lawrence Charamba
Status: Director