STELLA RIVERSIDE (GATESHEAD) CIC

Company limited by guarantee

Company Registration Number:
12252032 (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

STELLA RIVERSIDE (GATESHEAD) 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

STELLA RIVERSIDE (GATESHEAD) CIC

Profit And Loss Account

for the Period Ended 31 October 2023

2023 2022


£

£
Turnover: 32,851 32,967
Cost of sales: ( 13,061 ) ( 6,550 )
Gross profit(or loss): 19,790 26,417
Administrative expenses: ( 19,790 ) ( 26,417 )
Operating profit(or loss): 0 0
Profit(or loss) before tax: 0 0
Profit(or loss) for the financial year: 0 0

STELLA RIVERSIDE (GATESHEAD) CIC

Balance sheet

As at 31 October 2023

Notes 2023 2022


£

£
Fixed assets
Investments: 3 566,399 566,399
Total fixed assets: 566,399 566,399
Current assets
Debtors: 4 16,032 10,122
Cash at bank and in hand: 1 1
Total current assets: 16,033 10,123
Creditors: amounts falling due within one year: 5 ( 582,432 ) ( 576,522 )
Net current assets (liabilities): (566,399) (566,399)
Total assets less current liabilities: 0 0
Total net assets (liabilities): 0 0
Members' funds
Profit and loss account: 0 0
Total members' funds: 0 0

The notes form part of these financial statements

STELLA RIVERSIDE (GATESHEAD) 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 1 November 2023
and signed on behalf of the board by:

Name: Richard Watson
Status: Director

The notes form part of these financial statements

STELLA RIVERSIDE (GATESHEAD) 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

STELLA RIVERSIDE (GATESHEAD) CIC

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

STELLA RIVERSIDE (GATESHEAD) CIC

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Fixed assets investments note

Bond Purchased to generate return to cover maintenance obligations

STELLA RIVERSIDE (GATESHEAD) CIC

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Debtors

2023 2022
£ £
Other debtors 16,032 10,122
Total 16,032 10,122

STELLA RIVERSIDE (GATESHEAD) CIC

Notes to the Financial Statements

for the Period Ended 31 October 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Other creditors 582,432 576,522
Total 582,432 576,522

COMMUNITY INTEREST ANNUAL REPORT

STELLA RIVERSIDE (GATESHEAD) CIC

Company Number: 12252032 (England and Wales)

Year Ending: 31 October 2023

Company activities and impact

By following and implementing the landscape strategy that was approved at planning to support nature wildlife and the surrounding environment as a whole. Delivering a high quality green space and enhancing the quality of live and the living experience of resident and the general public surrounding the areas.

Consultation with stakeholders

We have held community days with the local residents, engaged with the council and also the RSPB to ensure the environmental areas have been managed appropriatley

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
1 November 2023

And signed on behalf of the board by:
Name: Richard Watson
Status: Director