MATTY'S PLACE C.I.C.

Company limited by guarantee

Company Registration Number:
10822462 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2023

Period of accounts

Start date: 1 July 2022

End date: 30 June 2023

MATTY'S PLACE C.I.C.

Contents of the Financial Statements

for the Period Ended 30 June 2023

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

MATTY'S PLACE C.I.C.

Directors' report period ended 30 June 2023

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

Principal activities of the company

to provide supported living services.



Directors

The director shown below has held office during the whole of the period from
1 July 2022 to 30 June 2023

Muhammad Matloob Rehman


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
31 January 2024

And signed on behalf of the board by:
Name: Muhammad Matloob Rehman
Status: Director

MATTY'S PLACE C.I.C.

Profit And Loss Account

for the Period Ended 30 June 2023

2023 2022


£

£
Turnover: 900,743 104,998
Cost of sales: ( 720,728 )
Gross profit(or loss): 180,015 104,998
Administrative expenses: ( 139,153 ) ( 145,924 )
Other operating income: 14
Operating profit(or loss): 40,862 (40,912)
Interest payable and similar charges: ( 29 ) ( 36 )
Profit(or loss) before tax: 40,833 (40,948)
Profit(or loss) for the financial year: 40,833 (40,948)

MATTY'S PLACE C.I.C.

Balance sheet

As at 30 June 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 100,320 101,980
Total fixed assets: 100,320 101,980
Current assets
Cash at bank and in hand: 27,405 10,090
Total current assets: 27,405 10,090
Creditors: amounts falling due within one year: 4 ( 5,726 ) ( 69 )
Net current assets (liabilities): 21,679 10,021
Total assets less current liabilities: 121,999 112,001
Creditors: amounts falling due after more than one year: 5 ( 114,136 ) ( 144,971 )
Total net assets (liabilities): 7,863 (32,970)
Members' funds
Profit and loss account: 7,863 ( 32,970)
Total members' funds: 7,863 (32,970)

The notes form part of these financial statements

MATTY'S PLACE C.I.C.

Balance sheet statements

For the year ending 30 June 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 31 January 2024
and signed on behalf of the board by:

Name: Muhammad Matloob Rehman
Status: Director

The notes form part of these financial statements

MATTY'S PLACE C.I.C.

Notes to the Financial Statements

for the Period Ended 30 June 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 the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

    Intangible fixed assets amortisation policy

    Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

MATTY'S PLACE C.I.C.

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 6 9

MATTY'S PLACE C.I.C.

Notes to the Financial Statements

for the Period Ended 30 June 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 July 2022 101,980 101,980
Additions
Disposals ( 1,660 ) ( 1,660 )
Revaluations
Transfers
At 30 June 2023 100,320 100,320
Depreciation
At 1 July 2022
Charge for year
On disposals
Other adjustments
At 30 June 2023
Net book value
At 30 June 2023 100,320 100,320
At 30 June 2022 101,980 101,980

MATTY'S PLACE C.I.C.

Notes to the Financial Statements

for the Period Ended 30 June 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Other creditors 5,726 69
Total 5,726 69

MATTY'S PLACE C.I.C.

Notes to the Financial Statements

for the Period Ended 30 June 2023

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

2023 2022
£ £
Other creditors 114,136 144,971
Total 114,136 144,971

COMMUNITY INTEREST ANNUAL REPORT

MATTY'S PLACE C.I.C.

Company Number: 10822462 (England and Wales)

Year Ending: 30 June 2023

Company activities and impact

Company provides supported living services.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

The total amount receivable by directors in respect of qualifying services was £8754.

Transfer of assets

No transfer of assets other than for full consideration

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

And signed on behalf of the board by:
Name: Muhammad Matloob Rehman
Status: Director