for the Period Ended 30 June 2023
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
for the Period Ended
2023 | 2022 | |
---|---|---|
| £ | £ |
Turnover: | | |
Cost of sales: | ( | ( |
Gross profit(or loss): | | |
Administrative expenses: | ( | ( |
Other operating income: | | |
Operating profit(or loss): | | |
Profit(or loss) before tax: | | |
Tax: | ( | ( |
Profit(or loss) for the financial year: | | |
As at
Notes | 2023 | 2022 | |
---|---|---|---|
| £ | £ | |
Fixed assets | |||
Tangible assets: | 3 | | |
Total fixed assets: | | | |
Current assets | |||
Debtors: | 4 | | |
Cash at bank and in hand: | | | |
Total current assets: | | | |
Prepayments and accrued income: | | ||
Creditors: amounts falling due within one year: | 5 | ( | ( |
Net current assets (liabilities): | | | |
Total assets less current liabilities: | | | |
Total net assets (liabilities): | | | |
Members' funds | |||
Profit and loss account: | | | |
Total members' funds: | | |
The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 30 June 2023
Basis of measurement and preparation
Tangible fixed assets depreciation policy
for the Period Ended 30 June 2023
2023 | 2022 | |
---|---|---|
Average number of employees during the period | | |
for the Period Ended 30 June 2023
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
---|---|---|---|---|---|---|
Cost | £ | £ | £ | £ | £ | £ |
At 1 July 2022 | | | ||||
Additions | | | ||||
Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 30 June 2023 | | | ||||
Depreciation | ||||||
At 1 July 2022 | | | ||||
Charge for year | | | ||||
On disposals | ||||||
Other adjustments | ||||||
At 30 June 2023 | | | ||||
Net book value | ||||||
At 30 June 2023 | | | ||||
At 30 June 2022 | | |
for the Period Ended 30 June 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Other debtors | | |
Total | |
for the Period Ended 30 June 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Taxation and social security | | |
Accruals and deferred income | | |
Other creditors | | |
Total | | |
Over the year, Loco Home Retrofit CIC Ltd took significant steps towards establishing vital operational and governance structures. This included implementing a structured governance system and expanding the employee base of the CIC.The CIC provided affordable retrofit advice to 51 households. It hosted and contributed to numerous events to promote awareness of effective approaches to decarbonisation retrofit. Research was commissioned into appropriate methods of insulating traditional walls and will inform advice provided to customers where appropriate.Participating in leading edge innovation projects remained a priority, including projects addressing access to finance, digital capabilities for collective retrofit and heat pumps for flats. The CIC also advanced the concept and supporting technology for community-led, neighbourhood-scale deployment of energy efficiency improvements and heat pumps.
The key stakeholders are households and various supply chain participants including builders, installers, architects and surveyors. The CIC has a co-operative structure with 155 members at end of June 2023.Five member meetings were held, including the Annual General Meeting. The CIC established an online members forum and instant message feature.Public events were held on a range of topics. Typically webinars, these seven events raised the profile of Retrofit and building decarbonisation topics and ensured opportunities for stakeholders to provide input.Regular communications via channels such as the public email newsletter and social media accounts ensured a broader audience reach than just the members.
The Directors' Remuneration in the period was as follows:Christopher Carus - £26,664Thomas Nockolds - £12,840
No transfer of assets other than for full consideration
This report was approved by the board of directors on
14 March 2024
And signed on behalf of the board by:
Name: Beth Ann Mukushi
Status: Director