RIPLEY BUSINESS CIC

Company limited by guarantee

Company Registration Number:
12735772 (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

RIPLEY BUSINESS 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

RIPLEY BUSINESS 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

Directors

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

Andrew James


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
18 April 2024

And signed on behalf of the board by:
Name: Andrew James
Status: Director

RIPLEY BUSINESS CIC

Profit And Loss Account

for the Period Ended 31 July 2023

2023 2022


£

£
Turnover: 5,505 2,690
Cost of sales: ( 1,183 ) ( 1,386 )
Gross profit(or loss): 4,322 1,304
Distribution costs: 0 0
Administrative expenses: ( 1,728 ) ( 8,816 )
Other operating income: 0 0
Operating profit(or loss): 2,594 (7,512)
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 2,594 (7,512)
Tax: ( 390 ) 1,324
Profit(or loss) for the financial year: 2,204 (6,188)

RIPLEY BUSINESS CIC

Balance sheet

As at 31 July 2023

Notes 2023 2022


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors: 3 935 135
Cash at bank and in hand: 883 905
Investments:   0 0
Total current assets: 1,818 1,040
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 4 ( 156 ) ( 1,582 )
Net current assets (liabilities): 1,662 (542)
Total assets less current liabilities: 1,662 ( 542)
Total net assets (liabilities): 1,662 (542)
Members' funds
Profit and loss account: 1,662 ( 542)
Total members' funds: 1,662 (542)

The notes form part of these financial statements

RIPLEY BUSINESS 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 18 April 2024
and signed on behalf of the board by:

Name: Andrew James
Status: Director

The notes form part of these financial statements

RIPLEY BUSINESS 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

RIPLEY BUSINESS CIC

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

RIPLEY BUSINESS CIC

Notes to the Financial Statements

for the Period Ended 31 July 2023

3. Debtors

2023 2022
£ £
Trade debtors 120
Other debtors 935 15
Total 935 135

RIPLEY BUSINESS CIC

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 156 622
Other creditors 960
Total 156 1,582

COMMUNITY INTEREST ANNUAL REPORT

RIPLEY BUSINESS CIC

Company Number: 12735772 (England and Wales)

Year Ending: 31 July 2023

Company activities and impact

The company provides a community hub for local businesses together with a promotional platform via website and social media. During the year the society subsidised a parish day on the local village green and provided support for the village Christmas fair and village lights.

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
18 April 2024

And signed on behalf of the board by:
Name: Andrew James
Status: Director