COMMUNITY MOSAIC CIC

Company limited by guarantee

Company Registration Number:
11426676 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2023

Period of accounts

Start date: 1 July 2022

End date: 30 June 2023

COMMUNITY MOSAIC CIC

Contents of the Financial Statements

for the Period Ended 30 June 2023

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

COMMUNITY MOSAIC CIC

Balance sheet

As at 30 June 2023

Notes 2023 2022


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 28,547 32,645
Total fixed assets: 28,547 32,645
Current assets
Cash at bank and in hand: 8,443 6,936
Total current assets: 8,443 6,936
Creditors: amounts falling due within one year: 4 ( 577 ) ( 577 )
Net current assets (liabilities): 7,866 6,359
Total assets less current liabilities: 36,413 39,004
Creditors: amounts falling due after more than one year: 5 ( 18,517 ) ( 18,923 )
Total net assets (liabilities): 17,896 20,081
Members' funds
Profit and loss account: 17,896 20,081
Total members' funds: 17,896 20,081

The notes form part of these financial statements

COMMUNITY MOSAIC CIC

Balance sheet statements

For the year ending 30 June 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 30 March 2024
and signed on behalf of the board by:

Name: Christine Cunningham
Status: Director

The notes form part of these financial statements

COMMUNITY MOSAIC CIC

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

COMMUNITY MOSAIC CIC

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 1 1

COMMUNITY MOSAIC CIC

Notes to the Financial Statements

for the Period Ended 30 June 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 July 2022 30,644 2,001 32,645
Additions 329 2,101 2,430
Disposals
Revaluations
Transfers
At 30 June 2023 30,973 4,102 35,075
Depreciation
At 1 July 2022 0 0 0
Charge for year 6,128 400 6,528
On disposals
Other adjustments
At 30 June 2023 6,128 400 6,528
Net book value
At 30 June 2023 24,845 3,702 28,547
At 30 June 2022 30,644 2,001 32,645

COMMUNITY MOSAIC CIC

Notes to the Financial Statements

for the Period Ended 30 June 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Taxation and social security 577 577
Total 577 577

COMMUNITY MOSAIC CIC

Notes to the Financial Statements

for the Period Ended 30 June 2023

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

2023 2022
£ £
Bank loans and overdrafts 13,743 14,518
Other creditors 4,774 4,405
Total 18,517 18,923

COMMUNITY INTEREST ANNUAL REPORT

COMMUNITY MOSAIC CIC

Company Number: 11426676 (England and Wales)

Year Ending: 30 June 2023

Company activities and impact

As a company, we continue to operate three community centres offering hirable spaces, a bar and catering facilitys. Surplus income is continued to be used to fund low-cost users in all three centers from all backgrounds & to offer funded usage of our spaces to many of our groups including: U3A Peterborough (University of the Third Age, elderly skills training & socials), Shine Day Provision CIC (disability care & support sessions), Empowerment First Ltd (disability support & art sessions) and Pyramid Pioneers Ltd (vulnerable adult care & support). These are in addition to the continued uage by the groups & social groups listed in previous year's reports. As with previous years, our Directors and management team are unpaid volunteers. We are still a hub for local homeless charities and work with many other external groups to signpost local communities to services such as drug awareness, scam awareness and policing.

Consultation with stakeholders

Informal consultation with stakeholders (user groups etc) as per previous years. Changes to our operational measure are implemented based on feedback from our stakeholders - these include repairs and maintenance, opening hours and accessibility changes in addition to general day to day operational changes.

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
30 March 2024

And signed on behalf of the board by:
Name: Christine Cunningham
Status: Director