RISE COMMUNITY CIC

Company limited by guarantee

Company Registration Number:
12545103 (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

RISE COMMUNITY CIC

Contents of the Financial Statements

for the Period Ended 30 April 2023

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

RISE COMMUNITY CIC

Balance sheet

As at 30 April 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 1,878 2,504
Total fixed assets: 1,878 2,504
Creditors: amounts falling due within one year: 4 ( 627 ) ( 631 )
Net current assets (liabilities): (627) (627)
Total assets less current liabilities: 1,251 1,877
Creditors: amounts falling due after more than one year: 5 ( 17,500 ) ( 17,500 )
Total net assets (liabilities): (16,249) (15,623)
Members' funds
Profit and loss account: (16,249) ( 15,623)
Total members' funds: ( 16,249) (15,623)

The notes form part of these financial statements

RISE COMMUNITY 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.

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 February 2024
and signed on behalf of the board by:

Name: Dean Roberts
Status: Director

The notes form part of these financial statements

RISE COMMUNITY 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

    Tangible fixed assets depreciation policy

    Tangible fixed assets and depreciationTangible 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: 25% reducing balance.

RISE COMMUNITY 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

RISE COMMUNITY 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 4,450 4,450
Additions
Disposals
Revaluations
Transfers
At 30 April 2023 4,450 4,450
Depreciation
At 1 May 2022 1,946 1,946
Charge for year 626 626
On disposals
Other adjustments
At 30 April 2023 2,572 2,572
Net book value
At 30 April 2023 1,878 1,878
At 30 April 2022 2,504 2,504

RISE COMMUNITY CIC

Notes to the Financial Statements

for the Period Ended 30 April 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Accruals and deferred income 627 631
Total 627 631

RISE COMMUNITY CIC

Notes to the Financial Statements

for the Period Ended 30 April 2023

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

2023 2022
£ £
Other creditors 17,500 17,500
Total 17,500 17,500

COMMUNITY INTEREST ANNUAL REPORT

RISE COMMUNITY CIC

Company Number: 12545103 (England and Wales)

Year Ending: 30 April 2023

Company activities and impact

Rise Community CIC provide targeted community, focused, sport, physical activity, and mental, well-being projects/initiatives. Over the last 12 months, Our targeted projects/initiatives have benefited local communities by providing affordable & accessible opportunities. We have targeted members of local communities who are physically inactive & socially isolated. Our projects/initiatives have assisted residence in increasing their physical activity levels, improving their mental well-being, increasing community cohesion and have assisted towards providing a fundamental service that is a affordable and accessible during the cost of living crisis.

Consultation with stakeholders

Rise Community CIC have consulted with local authorities, funding bodies, local counsellors and residents in all locations where we have delivered projects/initiatives in the last 12 months. This has helped us design, structure and ensure efficient delivery to our target audience of all of our projects/initiatives. These consultations have been carried out, publicly, verbally and by way of questionnaire. Feedback received from All consulates has been actioned in order for us to ensure that we deliver a safe, targeted, affective and sustainable program.

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 February 2024

And signed on behalf of the board by:
Name: Dean Roberts
Status: Director