WATERGATE COMMUNITY CAFÉ CIC

Company limited by guarantee

Company Registration Number:
10429741 (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

WATERGATE COMMUNITY CAFÉ CIC

Contents of the Financial Statements

for the Period Ended 31 October 2023

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

WATERGATE COMMUNITY CAFÉ CIC

Balance sheet

As at 31 October 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 0 338
Total fixed assets: 0 338
Current assets
Stocks: 4 2,000 2,000
Debtors: 5 232
Cash at bank and in hand: 2,084 7,321
Total current assets: 4,316 9,321
Creditors: amounts falling due within one year: 6 ( 15,179 ) ( 22,207 )
Net current assets (liabilities): (10,863) (12,886)
Total assets less current liabilities: (10,863) ( 12,548)
Creditors: amounts falling due after more than one year: 7 ( 1,830 ) ( 3,051 )
Provision for liabilities: ( 64 )
Total net assets (liabilities): (12,693) (15,663)
Members' funds
Profit and loss account: (12,693) ( 15,663)
Total members' funds: ( 12,693) (15,663)

The notes form part of these financial statements

WATERGATE COMMUNITY CAFÉ 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.

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 4 July 2024
and signed on behalf of the board by:

Name: Sharon Johnson
Status: Director

The notes form part of these financial statements

WATERGATE COMMUNITY CAFÉ 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

WATERGATE COMMUNITY CAFÉ CIC

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 5 4

WATERGATE COMMUNITY CAFÉ CIC

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 November 2022 7,690 398 8,088
Additions
Disposals
Revaluations
Transfers
At 31 October 2023 7,690 398 8,088
Depreciation
At 1 November 2022 7,418 332 7,750
Charge for year 272 66 338
On disposals
Other adjustments
At 31 October 2023 7,690 398 8,088
Net book value
At 31 October 2023 0 0 0
At 31 October 2022 272 66 338

WATERGATE COMMUNITY CAFÉ CIC

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Stocks

2023 2022
£ £
Stocks 2,000 2,000
Total 2,000 2,000

WATERGATE COMMUNITY CAFÉ CIC

Notes to the Financial Statements

for the Period Ended 31 October 2023

5. Debtors

2023 2022
£ £
Prepayments and accrued income 232
Total 232

WATERGATE COMMUNITY CAFÉ CIC

Notes to the Financial Statements

for the Period Ended 31 October 2023

6. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 1,221 1,220
Taxation and social security 11,105 19,593
Other creditors 2,853 1,394
Total 15,179 22,207

WATERGATE COMMUNITY CAFÉ CIC

Notes to the Financial Statements

for the Period Ended 31 October 2023

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

2023 2022
£ £
Bank loans and overdrafts 1,830 3,051
Total 1,830 3,051

COMMUNITY INTEREST ANNUAL REPORT

WATERGATE COMMUNITY CAFÉ CIC

Company Number: 10429741 (England and Wales)

Year Ending: 31 October 2023

Company activities and impact

This has been Watergate Cafes 7th year of trading. We took over and updated the Clubhouse of Whickham Fellside Youth Football Club (WFYFC) and opened our doors in April 2017 and we now operate six days a week for a period we closed for two days a week. This is to try and cut costs, as we continue to try and survive in difficult conditions. We continue to successfully integrate ourselves into the communities we serve, during the reporting time of this accounts period we have continued to- Provided Watergate Forest Park users have had access to facilities that otherwise that were only accessible to members of Whickham Fellside Youth Football Club. - Members of Whickham Fellside Youth Club and their families continue to have access to a better equipped Clubhouse. - Local residents have had access to free or reduced rate family activities. - Local businesses have been able to run workshops. - Local good causes have been supported e.g. Whickham Fellside Youth Football Club and the volunteer rangers who look after Watergate Forest Park (Friends of Watergate Forest Park). - We continue to run our free weekly running group ‘Watergate Runners’, which benefits the health of local residents, the group is facilitated by a volunteer.- We hold regular community dog walks within the park.- Held a fun dog show which raised £1000 for a local Dog and Cat Shelter- Continue as a collection point for a local charity that collects used football kit and boots for redistribution. - We support the Watergate Wombles, who are a group of people with learning difficulties. They meet weekly in the cafe. - Provide employment for four local people.- Held free evening events for local residents - (Bat Walk and Astronomical Evening)

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

Directors' salaries £14,794

Transfer of assets

No transfer of assets other than for full consideration

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

And signed on behalf of the board by:
Name: Sharon Johnson
Status: Director