COMMUNITY EAST CIC

Company limited by guarantee

Company Registration Number:
12946540 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2023

Period of accounts

Start date: 1 November 2022

End date: 31 October 2023

COMMUNITY EAST CIC

Contents of the Financial Statements

for the Period Ended 31 October 2023

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

COMMUNITY EAST CIC

Profit And Loss Account

for the Period Ended 31 October 2023

2023 2022


£

£
Turnover: 41,753 24,129
Cost of sales: ( 4,054 ) ( 5,715 )
Gross profit(or loss): 37,699 18,414
Administrative expenses: ( 50,261 ) ( 13,616 )
Operating profit(or loss): (12,562) 4,798
Profit(or loss) before tax: (12,562) 4,798
Profit(or loss) for the financial year: (12,562) 4,798

COMMUNITY EAST CIC

Balance sheet

As at 31 October 2023

Notes 2023 2022


£

£
Current assets
Cash at bank and in hand: 11,591 10,667
Total current assets: 11,591 10,667
Creditors: amounts falling due within one year: 3 ( 13,653 ) ( 167 )
Net current assets (liabilities): (2,062) 10,500
Total assets less current liabilities: (2,062) 10,500
Total net assets (liabilities): (2,062) 10,500
Members' funds
Profit and loss account: (2,062) 10,500
Total members' funds: ( 2,062) 10,500

The notes form part of these financial statements

COMMUNITY EAST CIC

Balance sheet statements

For the year ending 31 October 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 28 July 2024
and signed on behalf of the board by:

Name: Ashley Lever
Status: Director

The notes form part of these financial statements

COMMUNITY EAST CIC

Notes to the Financial Statements

for the Period Ended 31 October 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

COMMUNITY EAST CIC

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 4 2

    2 of these employees were also directors during these periods, another one of the employees for 2023 has become a director in 2024

COMMUNITY EAST CIC

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Creditors: amounts falling due within one year note

2023 2022
£ £
Taxation and social security 300
Accruals and deferred income 250
Other creditors 13,103 167
Total 13,653 167

COMMUNITY INTEREST ANNUAL REPORT

COMMUNITY EAST CIC

Company Number: 12946540 (England and Wales)

Year Ending: 31 October 2023

Company activities and impact

Community East CIC run an indoor skatepark in the heart of Norwich city centre. We have had well over 200 visitors in the past year, attending public sessions or accessing one of our many coached sessions which we run throughout the year.We have also provided free sessions for refugee children & young carers and have many more sessions lined up with other charities and community organisations that work with disadvantaged groups across the city.We also run regular sessions for local schools.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services (wages for running park/coaching services) was £10,087.08

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
28 July 2024

And signed on behalf of the board by:
Name: Ashley Lever
Status: Director