FORMBY COUNCIL FOR VOLUNTARY SERVICE LIMITED

Company limited by guarantee

Company Registration Number:
03138274 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 1 January 2023

End date: 31 December 2023

FORMBY COUNCIL FOR VOLUNTARY SERVICE LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

FORMBY COUNCIL FOR VOLUNTARY SERVICE LIMITED

Directors' report period ended 31 December 2023

The directors present their report with the financial statements of the company for the period ended 31 December 2023

Principal activities of the company

To promote charitable purposes for the benefit of the community of Sefton with the aim of improving the conditions of the life of the said community.



Directors

The directors shown below have held office during the whole of the period from
1 January 2023 to 31 December 2023

Mr Anthony Harding-Huber
Mr Keith Elford
Mr P Reed
Mrs Judy Haselhurst
Mrs Barbara Hills


The director shown below has held office during the period of
1 January 2023 to 9 August 2023

Dr Lawrence Singer


The director shown below has held office during the period of
1 February 2023 to 31 December 2023

Dr Tony Pawson


Secretary Fiona Wood

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
7 February 2024

And signed on behalf of the board by:
Name: Mr Anthony Harding-Huber
Status: Director

FORMBY COUNCIL FOR VOLUNTARY SERVICE LIMITED

Profit And Loss Account

for the Period Ended 31 December 2023

2023 2022


£

£
Turnover: 57,689 74,747
Cost of sales: ( 18,077 ) ( 16,011 )
Gross profit(or loss): 39,612 58,736
Distribution costs: 0 0
Administrative expenses: ( 46,896 ) ( 46,085 )
Operating profit(or loss): (7,284) 12,651
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: (7,284) 12,651
Tax: 0 0
Profit(or loss) for the financial year: (7,284) 12,651

FORMBY COUNCIL FOR VOLUNTARY SERVICE LIMITED

Balance sheet

As at 31 December 2023

Notes 2023 2022


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 11,244 16,867
Total fixed assets: 11,244 16,867
Current assets
Stocks:   0 0
Debtors: 4 3,501 1,584
Cash at bank and in hand: 37,063 40,146
Total current assets: 40,564 41,730
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 5 ( 1,762 ) ( 1,267 )
Net current assets (liabilities): 38,802 40,463
Total assets less current liabilities: 50,046 57,330
Total net assets (liabilities): 50,046 57,330
Members' funds
Profit and loss account: 50,046 57,330
Total members' funds: 50,046 57,330

The notes form part of these financial statements

FORMBY COUNCIL FOR VOLUNTARY SERVICE LIMITED

Balance sheet statements

For the year ending 31 December 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 7 February 2024
and signed on behalf of the board by:

Name: Mr Anthony Harding-Huber
Status: Director

The notes form part of these financial statements

FORMBY COUNCIL FOR VOLUNTARY SERVICE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 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

    Donations, grants and gifts are included in full in the statement of financial activities when receivable. Grants, where entitlement is not conditional on the delivery of specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant.Donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included in these accounts.Income from charitable activity is accounted for when received.Income from grants, where related to performance and specific deliverables, are accounted for as the charity earns the right to consideration by its performance.

    Tangible fixed assets depreciation policy

    Fixed assets are stated at cost less accumulated depreciation. The costs of minor additions or items costing less than £1,000 are not capitalised. Depreciation is provided at rates calculated to write off the cost of each asset over its expected useful life.

FORMBY COUNCIL FOR VOLUNTARY SERVICE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 2 2

FORMBY COUNCIL FOR VOLUNTARY SERVICE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2023 160,000 14,781 174,781
Additions
Disposals
Revaluations
Transfers
At 31 December 2023 160,000 14,781 174,781
Depreciation
At 1 January 2023 152,002 5,912 157,914
Charge for year 2,667 2,956 5,623
On disposals
Other adjustments
At 31 December 2023 154,669 8,868 163,537
Net book value
At 31 December 2023 5,331 5,913 11,244
At 31 December 2022 7,998 8,869 16,867

FORMBY COUNCIL FOR VOLUNTARY SERVICE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Debtors

2023 2022
£ £
Trade debtors 3,501 1,584
Total 3,501 1,584

FORMBY COUNCIL FOR VOLUNTARY SERVICE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 685
Accruals and deferred income 1,762 582
Total 1,762 1,267