EPIC3 CIC

Company Registration Number:
12563400 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2023

Period of accounts

Start date: 1 May 2022

End date: 30 April 2023

EPIC3 CIC

Contents of the Financial Statements

for the Period Ended 30 April 2023

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

EPIC3 CIC

Directors' report period ended 30 April 2023

The directors present their report with the financial statements of the company for the period ended 30 April 2023

Directors

The directors shown below have held office during the whole of the period from
1 May 2022 to 30 April 2023

Karl Wood
Helen Cotton


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
18 January 2024

And signed on behalf of the board by:
Name: Karl Wood
Status: Director

EPIC3 CIC

Profit And Loss Account

for the Period Ended 30 April 2023

2023 2022


£

£
Turnover: 8,436 8,968
Cost of sales: ( 2,742 ) ( 1,408 )
Gross profit(or loss): 5,694 7,560
Administrative expenses: ( 5,426 ) ( 17,756 )
Operating profit(or loss): 268 (10,196)
Profit(or loss) before tax: 268 (10,196)
Profit(or loss) for the financial year: 268 (10,196)

EPIC3 CIC

Balance sheet

As at 30 April 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 764 719
Total fixed assets: 764 719
Current assets
Cash at bank and in hand: 3,352 3,774
Total current assets: 3,352 3,774
Prepayments and accrued income: 98
Net current assets (liabilities): 3,352 3,872
Total assets less current liabilities: 4,116 4,591
Creditors: amounts falling due after more than one year: 4 ( 26,732 ) ( 27,475 )
Total net assets (liabilities): (22,616) (22,884)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (22,716 ) (22,984 )
Total Shareholders' funds: ( 22,616 ) (22,884)

The notes form part of these financial statements

EPIC3 CIC

Balance sheet statements

For the year ending 30 April 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.

This report was approved by the board of directors on 18 January 2024
and signed on behalf of the board by:

Name: Karl Wood
Status: Director

The notes form part of these financial statements

EPIC3 CIC

Notes to the Financial Statements

for the Period Ended 30 April 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

EPIC3 CIC

Notes to the Financial Statements

for the Period Ended 30 April 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

EPIC3 CIC

Notes to the Financial Statements

for the Period Ended 30 April 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 May 2022 719 719
Additions 45 45
Disposals
Revaluations
Transfers
At 30 April 2023 764 764
Depreciation
At 1 May 2022
Charge for year
On disposals
Other adjustments
At 30 April 2023
Net book value
At 30 April 2023 764 764
At 30 April 2022 719 719

EPIC3 CIC

Notes to the Financial Statements

for the Period Ended 30 April 2023

4. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Other creditors 26,732 27,475
Total 26,732 27,475

COMMUNITY INTEREST ANNUAL REPORT

EPIC3 CIC

Company Number: 12563400 (England and Wales)

Year Ending: 30 April 2023

Company activities and impact

The company raises funds to plant trees as part of global reforestation efforts with a particular focus on reforestation efforts in Madagascar. Since we began operating we’ve helped to secure planting for 68,815 trees which has benefited the environment and local communities in planting locations in the following ways.Trees planted will sequester 20,644 Tonnes of CO2 from the atmosphere during their life time. Helped secure fair wages for some of the 3,480 local individuals working on the project.Helped contribute to the increased area of forest under management which now stands at 42,800+hectares.

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
18 January 2024

And signed on behalf of the board by:
Name: Karl Wood
Status: Director