ASONE COMMUNITY SPACE AND CAFE C.I.C.

Company limited by guarantee

Company Registration Number:
11920286 (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

ASONE COMMUNITY SPACE AND CAFE C.I.C.

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

ASONE COMMUNITY SPACE AND CAFE C.I.C.

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

Principal activities of the company

The principal activity is that of a community interest cafe and community space



Directors

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

Leon Holland
Rose Handy
Nigel Knight
Roger Lobb


The director shown below has held office during the period of
1 May 2022 to 1 December 2022

Claire Arymar


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
30 January 2024

And signed on behalf of the board by:
Name: Leon Holland
Status: Director

ASONE COMMUNITY SPACE AND CAFE C.I.C.

Profit And Loss Account

for the Period Ended 30 April 2023

2023 2022


£

£
Turnover: 16,859 25,845
Cost of sales: ( 5,207 ) ( 18,233 )
Gross profit(or loss): 11,652 7,612
Administrative expenses: ( 21,365 ) ( 26,063 )
Other operating income: 2,582 2,667
Operating profit(or loss): (7,131) (15,784)
Profit(or loss) before tax: (7,131) (15,784)
Profit(or loss) for the financial year: (7,131) (15,784)

ASONE COMMUNITY SPACE AND CAFE C.I.C.

Balance sheet

As at 30 April 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 1,534 2,241
Total fixed assets: 1,534 2,241
Current assets
Cash at bank and in hand: 108 2,177
Total current assets: 108 2,177
Creditors: amounts falling due within one year: 4 ( 6,019 ) ( 1,664 )
Net current assets (liabilities): (5,911) 513
Total assets less current liabilities: (4,377) 2,754
Total net assets (liabilities): (4,377) 2,754
Members' funds
Profit and loss account: (4,377) 2,754
Total members' funds: ( 4,377) 2,754

The notes form part of these financial statements

ASONE COMMUNITY SPACE AND CAFE C.I.C.

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 30 January 2024
and signed on behalf of the board by:

Name: Leon Holland
Status: Director

The notes form part of these financial statements

ASONE COMMUNITY SPACE AND CAFE C.I.C.

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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:Motor vehicles - 20% Straight LineFixtures & fittings - 20% Straight Line

    Other accounting policies

    Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.

ASONE COMMUNITY SPACE AND CAFE C.I.C.

Notes to the Financial Statements

for the Period Ended 30 April 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 1 1

ASONE COMMUNITY SPACE AND CAFE C.I.C.

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 1,935 1,600 3,535
Additions
Disposals
Revaluations
Transfers
At 30 April 2023 1,935 1,600 3,535
Depreciation
At 1 May 2022 654 640 1,294
Charge for year 387 320 707
On disposals
Other adjustments
At 30 April 2023 1,041 960 2,001
Net book value
At 30 April 2023 894 640 1,534
At 30 April 2022 1,281 960 2,241

ASONE COMMUNITY SPACE AND CAFE C.I.C.

Notes to the Financial Statements

for the Period Ended 30 April 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Taxation and social security 0 0
Accruals and deferred income 1,145
Other creditors 4,874 1,664
Total 6,019 1,664

COMMUNITY INTEREST ANNUAL REPORT

ASONE COMMUNITY SPACE AND CAFE C.I.C.

Company Number: 11920286 (England and Wales)

Year Ending: 30 April 2023

Company activities and impact

The CIC has worked closely with the local council to reach out to those at risk and vulnerable to poverty and social exclusion. We have helped support families during the school holidays as well as providing alternative education programs through our various activities.

Consultation with stakeholders

Most of our events are run by our young people and they are our main stakeholders. Regular meetings and consultations with local education providers and schools, along with our community pages which allow us to communicate with a large base of local 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
31 January 2024

And signed on behalf of the board by:
Name: Leon Holland
Status: Director