NATIONAL PRIDE UK COMMUNITY INTEREST COMPANY

Company Registration Number:
SC598251 (Scotland)

Unaudited statutory accounts for the year ended 31 August 2023

Period of accounts

Start date: 1 September 2022

End date: 31 August 2023

NATIONAL PRIDE UK COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 August 2023

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

NATIONAL PRIDE UK COMMUNITY INTEREST COMPANY

Directors' report period ended 31 August 2023

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

Principal activities of the company

The company's principal activity during the year continued to be property development management.



Directors

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

Irene Bisset


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
8 April 2024

And signed on behalf of the board by:
Name: Irene Bisset
Status: Director

NATIONAL PRIDE UK COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 31 August 2023

2023 15 months to 31 August 2022


£

£
Turnover: 191,449 484,601
Cost of sales: ( 20,101 ) ( 328,710 )
Gross profit(or loss): 171,348 155,891
Distribution costs: ( 2,619 ) ( 9,086 )
Administrative expenses: ( 106,484 ) ( 288,048 )
Other operating income: 7,623 54,353
Operating profit(or loss): 69,868 (86,890)
Interest payable and similar charges: ( 1,353 ) ( 5,130 )
Profit(or loss) before tax: 68,515 (92,020)
Profit(or loss) for the financial year: 68,515 (92,020)

NATIONAL PRIDE UK COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 August 2023

Notes 2023 15 months to 31 August 2022


£

£
Current assets
Debtors: 3 9,748 89,243
Cash at bank and in hand: 1,625 8,328
Total current assets: 11,373 97,571
Creditors: amounts falling due within one year: 4 ( 112,786 ) ( 267,499 )
Net current assets (liabilities): (101,413) (169,928)
Total assets less current liabilities: (101,413) ( 169,928)
Total net assets (liabilities): (101,413) (169,928)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (101,513 ) (170,028 )
Total Shareholders' funds: ( 101,413 ) (169,928)

The notes form part of these financial statements

NATIONAL PRIDE UK COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 31 August 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 8 April 2024
and signed on behalf of the board by:

Name: Irene Bisset
Status: Director

The notes form part of these financial statements

NATIONAL PRIDE UK COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 August 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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed asset, less their estimated residual value, over their expected useful lives on the following bases: Computer Equipment 33.333% Straight line method.

NATIONAL PRIDE UK COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 2. Employees

    2023 15 months to 31 August 2022
    Average number of employees during the period 2 2

NATIONAL PRIDE UK COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 August 2023

3. Debtors

2023 15 months to 31 August 2022
£ £
Trade debtors 8,872 70,733
Prepayments and accrued income 876 8,510
Other debtors 0 10,000
Total 9,748 89,243

NATIONAL PRIDE UK COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 August 2023

4. Creditors: amounts falling due within one year note

2023 15 months to 31 August 2022
£ £
Trade creditors 4,435 70,235
Taxation and social security 8,855 7,026
Accruals and deferred income 99,496 190,238
Total 112,786 267,499

COMMUNITY INTEREST ANNUAL REPORT

NATIONAL PRIDE UK COMMUNITY INTEREST COMPANY

Company Number: SC598251 (Scotland)

Year Ending: 31 August 2023

Company activities and impact

National Pride is a 'facilitator' for the development of intergenerational communities including housing and community facilities for the inclusion of all in our society - acting as the hub for a network of like-minded individuals and organisations who are aligned with the company mission, ethos and core values and range in size, strength and experience from SME to large global organisations. In the first year of operation the company has extended the network to 100's of partners with 1000's of years' experience and connected with the many local authorities and NHS Trusts, our customers, to understand their needs and requirements. We are developing our keys 'products' and progressing projects in various regions across the UK. Our product suite ranges from the creation of large intergenerational communities (500 to 2,500 units), to small community villages; the pre and post-treatment recovery centre; the wellness centre and the masterplan for town centre regeneration. All of the projects we are progressing will benefit the most vulnerable in our society providing homes, eliminating fuel poverty, providing joins and the opportunity for everyone to live well and countries largest house builders and housing association.

Consultation with stakeholders

No consultation with stakeholders

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
8 April 2024

And signed on behalf of the board by:
Name: Irene Bisset
Status: Director