CUMBERNAULD ALTERNATIVE NETWORK CIC

Company limited by guarantee

Company Registration Number:
SC710919 (Scotland)

Unaudited statutory accounts for the year ended 30 September 2023

Period of accounts

Start date: 1 October 2022

End date: 30 September 2023

CUMBERNAULD ALTERNATIVE NETWORK CIC

Contents of the Financial Statements

for the Period Ended 30 September 2023

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

CUMBERNAULD ALTERNATIVE NETWORK CIC

Balance sheet

As at 30 September 2023

Notes 2023 2022


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 350 350
Investments:   0 0
Total fixed assets: 350 350
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 4,019 7,822
Investments:   0 0
Total current assets: 4,019 7,822
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year:   0 0
Net current assets (liabilities): 4,019 7,822
Total assets less current liabilities: 4,369 8,172
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 4,369 8,172
Members' funds
Profit and loss account: 4,369 8,172
Total members' funds: 4,369 8,172

The notes form part of these financial statements

CUMBERNAULD ALTERNATIVE NETWORK CIC

Balance sheet statements

For the year ending 30 September 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 26 June 2024
and signed on behalf of the board by:

Name: Alan Govan
Status: Director

The notes form part of these financial statements

CUMBERNAULD ALTERNATIVE NETWORK CIC

Notes to the Financial Statements

for the Period Ended 30 September 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

CUMBERNAULD ALTERNATIVE NETWORK CIC

Notes to the Financial Statements

for the Period Ended 30 September 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

CUMBERNAULD ALTERNATIVE NETWORK CIC

Notes to the Financial Statements

for the Period Ended 30 September 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 October 2022 350 350
Additions
Disposals
Revaluations
Transfers
At 30 September 2023 350 350
Depreciation
At 1 October 2022
Charge for year
On disposals
Other adjustments
At 30 September 2023
Net book value
At 30 September 2023 350 350
At 30 September 2022 350 350

COMMUNITY INTEREST ANNUAL REPORT

CUMBERNAULD ALTERNATIVE NETWORK CIC

Company Number: SC710919 (Scotland)

Year Ending: 30 September 2023

Company activities and impact

Our 2nd year of delivery saw us build and expand on the strong foundation established in year one. With the generous support of North Lanarkshire Council and the Baillie Gifford Foundation we were able to sustain our flagship project Made With Intent, and add new project Make Stew and Mend. Both have a focus on self sufficiency, waste reduction and doing more with less, and both attracted diverse groups of participants and volunteers who clearly benefited from the social bonding of the activities and the building of skills. Following the success of creating sustainable decor for 2 music festivals in 2022 we looked set to build on this with invitations to provide this service at 2 festivals: Doune the Rabbit Hole and MugStock, however sadly both of these events were cancelled. We adapted, pivoting to the development of a range of other items created from abandoned tent materials, including bomber jackets, dog jackets and bum bags. Before the cancellation of MugStock we worked in partnership with them to deliver an impactful event in the community of Crieff, involving young people and their families in creating colourful octopi from reused plastic bottles.As the year came to a conclusion we had just confirmed employment of our first staff, thanks to the generous support of North Lanarkshire Council's Parent Work Placements scheme.

Consultation with stakeholders

Our initial work was informed by a pre-launch community survey which revealed the need for activities for adults, and a keen desire to be involved in sustainable activities. Our projects have evolved but stayed true to these.We have consulted with existing participants (both at point of registration and informally during sessions) to determine their interests, ambitions, and logistical constraints. Based on the feedback gathered, we extended the length of our days in order to accommodate those who can only attend in evenings.This year saw us become much more connected to and aware of the other 3rd sector organisations operating in our community and we began to cross-refer participants to each other's respective services and projects.

Directors' remuneration

Director Leigh Watson was paid a total of £6,339.87 for services delivered as a freelance Network Coordinator. No directors received any pay or benefit purely for fulfilling their roles as CIC directors.

Transfer of assets

No transfer of assets other than for full consideration

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

And signed on behalf of the board by:
Name: Alan Govan
Status: Director