THE RESPONSIBLE TIMBER CO. C.I.C.

Company limited by guarantee

Company Registration Number:
11072384 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2023

Period of accounts

Start date: 1 December 2022

End date: 30 November 2023

THE RESPONSIBLE TIMBER CO. C.I.C.

Contents of the Financial Statements

for the Period Ended 30 November 2023

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

THE RESPONSIBLE TIMBER CO. C.I.C.

Directors' report period ended 30 November 2023

The directors present their report with the financial statements of the company for the period ended 30 November 2023

Principal activities of the company

The principal activities were to give one day a week basic woodwork tuition.



Directors

The directors shown below have held office during the whole of the period from
1 December 2022 to 30 November 2023

Kevin Gill
Kevin Gill
Paul Killgallon
Carol Smith
William Patterson


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
15 June 2024

And signed on behalf of the board by:
Name: Kevin Gill
Status: Director

THE RESPONSIBLE TIMBER CO. C.I.C.

Profit And Loss Account

for the Period Ended 30 November 2023

2023 2022


£

£
Turnover: 3,296 1,684
Gross profit(or loss): 3,296 1,684
Administrative expenses: ( 2,482 ) ( 1,797 )
Operating profit(or loss): 814 (113)
Profit(or loss) before tax: 814 (113)
Tax: ( 62 ) 0
Profit(or loss) for the financial year: 752 (113)

THE RESPONSIBLE TIMBER CO. C.I.C.

Balance sheet

As at 30 November 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 0 96
Total fixed assets: 0 96
Current assets
Cash at bank and in hand: 1,217 953
Total current assets: 1,217 953
Creditors: amounts falling due within one year: 4 ( 612 ) ( 1,196 )
Net current assets (liabilities): 605 (243)
Total assets less current liabilities: 605 ( 147)
Total net assets (liabilities): 605 (147)
Members' funds
Profit and loss account: 605 ( 147)
Total members' funds: 605 (147)

The notes form part of these financial statements

THE RESPONSIBLE TIMBER CO. C.I.C.

Balance sheet statements

For the year ending 30 November 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 15 June 2024
and signed on behalf of the board by:

Name: Kevin Gill
Status: Director

The notes form part of these financial statements

THE RESPONSIBLE TIMBER CO. C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 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

THE RESPONSIBLE TIMBER CO. C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

THE RESPONSIBLE TIMBER CO. C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 December 2022 740 740
Additions
Disposals
Revaluations
Transfers
At 30 November 2023 740 740
Depreciation
At 1 December 2022 644 644
Charge for year 96 96
On disposals
Other adjustments
At 30 November 2023 740 740
Net book value
At 30 November 2023 0 0
At 30 November 2022 96 96

THE RESPONSIBLE TIMBER CO. C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Taxation and social security 62 0
Accruals and deferred income 550 1,196
Total 612 1,196

COMMUNITY INTEREST ANNUAL REPORT

THE RESPONSIBLE TIMBER CO. C.I.C.

Company Number: 11072384 (England and Wales)

Year Ending: 30 November 2023

Company activities and impact

To give basic woodworking tuition to Individuals with a range of difficulties.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

Total renumeration recieved by Directors was £250.00

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
15 June 2024

And signed on behalf of the board by:
Name: Kevin Gill
Status: Director