for the Period Ended 30 September 2023
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
for the Period Ended
2023 | 2022 | |
---|---|---|
| £ | £ |
Turnover: | | |
Cost of sales: | ( | |
Gross profit(or loss): | | |
Administrative expenses: | ( | ( |
Operating profit(or loss): | ( | |
Interest receivable and similar income: | | |
Interest payable and similar charges: | ( | ( |
Profit(or loss) before tax: | ( | |
Tax: | ( | |
Profit(or loss) for the financial year: | ( | |
As at
Notes | 2023 | 2022 | |
---|---|---|---|
| £ | £ | |
Called up share capital not paid: | | | |
Fixed assets | |||
Tangible assets: | 3 | | |
Total fixed assets: | | | |
Current assets | |||
Debtors: | 4 | | |
Cash at bank and in hand: | | | |
Total current assets: | | | |
Creditors: amounts falling due within one year: | 5 | ( | ( |
Net current assets (liabilities): | | | |
Total assets less current liabilities: | | | |
Creditors: amounts falling due after more than one year: | 6 | ( | ( |
Total net assets (liabilities): | | | |
Capital and reserves | |||
Called up share capital: | | | |
Other reserves: | | | |
Profit and loss account: | ( | | |
Total Shareholders' funds: | | |
The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 30 September 2023
Basis of measurement and preparation
Tangible fixed assets depreciation policy
for the Period Ended 30 September 2023
2023 | 2022 | |
---|---|---|
Average number of employees during the period | | |
for the Period Ended 30 September 2023
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
---|---|---|---|---|---|---|
Cost | £ | £ | £ | £ | £ | £ |
At 1 October 2022 | | | | | ||
Additions | | | ||||
Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 30 September 2023 | | | | | ||
Depreciation | ||||||
At 1 October 2022 | | | | |||
Charge for year | | | | |||
On disposals | ||||||
Other adjustments | ||||||
At 30 September 2023 | | | | |||
Net book value | ||||||
At 30 September 2023 | | | | | ||
At 30 September 2022 | | | | |
for the Period Ended 30 September 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Other debtors | | |
Total | |
for the Period Ended 30 September 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Taxation and social security | | |
Accruals and deferred income | | |
Other creditors | | |
Total | | |
for the Period Ended 30 September 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Bank loans and overdrafts | | |
Total | | |
The Company was formed to raise funding to enable the local community to purchase the local village pub and save it from closure. The Investors are typically locals and receive a return of 2.5% on their preference shares which each cost £50 and can purchase an ordinary share for £10.The pub have struggled with tenants over the last year, which has resulted in no profits, but have managed to keep open for the enjoyment of the local community, and to provide a public place.
The stakeholders are primarily people living in the local community although some relatives have also become stakeholders. Investment has all been through Horningsea CIC.The pub had to be purchased by the end of December 2013 to meet the time limits stipulated by the pub owners and the national lottery. The purchase of the pub was completed on 10th December 2013 for £205,450. Primarily people are kept updated by way of a newsletter. Feedback and suggestions as to how the pub operates and its offering are raised at regular Board meetings. The Company holds its AGM in the pub and the next one is due to be held in June 2024
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
23 December 2023
And signed on behalf of the board by:
Name: Mary Kent
Status: Director