PARKSIDE COMMUNITY CAFE CIC

Company limited by guarantee

Company Registration Number:
13520651 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2023

Period of accounts

Start date: 1 August 2022

End date: 31 July 2023

PARKSIDE COMMUNITY CAFE CIC

Contents of the Financial Statements

for the Period Ended 31 July 2023

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

PARKSIDE COMMUNITY CAFE CIC

Directors' report period ended 31 July 2023

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

Principal activities of the company

The company's principal activity was that of the provision of catering services.



Directors

The director shown below has held office during the whole of the period from
1 August 2022 to 31 July 2023

C Girvan


The director shown below has held office during the period of
1 August 2022 to 7 March 2023

K Freeman


The director shown below has held office during the period of
1 August 2022 to 4 November 2022

S Dagia


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
27 October 2023

And signed on behalf of the board by:
Name: C Girvan
Status: Director

PARKSIDE COMMUNITY CAFE CIC

Profit And Loss Account

for the Period Ended 31 July 2023

2023 2022


£

£
Turnover: 13,656 13,991
Cost of sales: ( 8,941 ) ( 7,581 )
Gross profit(or loss): 4,715 6,410
Administrative expenses: ( 16,980 ) ( 2,740 )
Other operating income: 5,654 3,455
Operating profit(or loss): (6,611) 7,125
Profit(or loss) before tax: (6,611) 7,125
Tax: 631 ( 729 )
Profit(or loss) for the financial year: (5,980) 6,396

PARKSIDE COMMUNITY CAFE CIC

Balance sheet

As at 31 July 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 0 3,290
Total fixed assets: 0 3,290
Current assets
Debtors: 4 631
Cash at bank and in hand: 235 4,335
Total current assets: 866 4,335
Creditors: amounts falling due within one year: 5 ( 450 ) ( 1,229 )
Net current assets (liabilities): 416 3,106
Total assets less current liabilities: 416 6,396
Total net assets (liabilities): 416 6,396
Members' funds
Profit and loss account: 416 6,396
Total members' funds: 416 6,396

The notes form part of these financial statements

PARKSIDE COMMUNITY CAFE CIC

Balance sheet statements

For the year ending 31 July 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 27 October 2023
and signed on behalf of the board by:

Name: C Girvan
Status: Director

The notes form part of these financial statements

PARKSIDE COMMUNITY CAFE CIC

Notes to the Financial Statements

for the Period Ended 31 July 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 tax. Turnover includes revenue earned from the sale of goods and from the rendering of services.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulated depreciation. Depreciation is provided at rates calculated to write off the asset over their expected useful lives on the following basis:Fixtures, Fittings & Equipment - 15% reducing balance

PARKSIDE COMMUNITY CAFE CIC

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 3 3

PARKSIDE COMMUNITY CAFE CIC

Notes to the Financial Statements

for the Period Ended 31 July 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 August 2022 3,433 3,433
Additions 2,546 2,546
Disposals ( 5,979 ) ( 5,979 )
Revaluations
Transfers
At 31 July 2023 0 0
Depreciation
At 1 August 2022 143 143
Charge for year
On disposals ( 143 ) ( 143 )
Other adjustments
At 31 July 2023 0 0
Net book value
At 31 July 2023 0 0
At 31 July 2022 3,290 3,290

PARKSIDE COMMUNITY CAFE CIC

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Debtors

2023 2022
£ £
Other debtors 631
Total 631

PARKSIDE COMMUNITY CAFE CIC

Notes to the Financial Statements

for the Period Ended 31 July 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Taxation and social security 729
Accruals and deferred income 450 500
Total 450 1,229

COMMUNITY INTEREST ANNUAL REPORT

PARKSIDE COMMUNITY CAFE CIC

Company Number: 13520651 (England and Wales)

Year Ending: 31 July 2023

Company activities and impact

The company operates a cafe within the local community.During the financial year the cafe has benefited the local community in the following ways - - the business has employed part time staff from the local community and as well as offering them on the job training the cafe has paid for them to undertake job related training.- the business has hosted moany local groups and offered them discounted or subsidised lunches and buffets.- the business has worked with the local councils to support subsidised lunch boxes for children on summer and easter activity camps.The business ceased trading on 31 July 2023.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £7,295.There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
27 October 2023

And signed on behalf of the board by:
Name: C Girvan
Status: Director