URBAN MOORINGS C.I.C.

Company limited by guarantee

Company Registration Number:
10351573 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2023

Period of accounts

Start date: 1 September 2022

End date: 31 August 2023

URBAN MOORINGS C.I.C.

Contents of the Financial Statements

for the Period Ended 31 August 2023

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

URBAN MOORINGS C.I.C.

Directors' report period ended 31 August 2023

The directors present their report with the financial statements of the company for the period ended 31 August 2023

Directors

The directors shown below have held office during the whole of the period from
1 September 2022 to 31 August 2023

Louise Elizabeth Moore
Veronica Adele Payne
Alison Joanne Tuck


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
16 May 2024

And signed on behalf of the board by:
Name: Louise Elizabeth Moore
Status: Director

URBAN MOORINGS C.I.C.

Profit And Loss Account

for the Period Ended 31 August 2023

2023 2022


£

£
Turnover: 16,637 15,753
Cost of sales: ( 876 ) ( 6,408 )
Gross profit(or loss): 15,761 9,345
Administrative expenses: ( 15,849 ) ( 8,653 )
Operating profit(or loss): (88) 692
Interest receivable and similar income: 8
Interest payable and similar charges: ( 40 ) ( 24 )
Profit(or loss) before tax: (120) 668
Profit(or loss) for the financial year: (120) 668

URBAN MOORINGS C.I.C.

Balance sheet

As at 31 August 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 2,066 1,902
Total fixed assets: 2,066 1,902
Current assets
Stocks: 4 500 1,200
Debtors: 5 531 1,060
Cash at bank and in hand: 2,623 2,466
Total current assets: 3,654 4,726
Creditors: amounts falling due within one year: 6 ( 2,779 ) ( 3,206 )
Net current assets (liabilities): 875 1,520
Total assets less current liabilities: 2,941 3,422
Creditors: amounts falling due after more than one year: 7 ( 9,604 ) ( 9,965 )
Total net assets (liabilities): (6,663) (6,543)
Members' funds
Profit and loss account: (6,663) ( 6,543)
Total members' funds: ( 6,663) (6,543)

The notes form part of these financial statements

URBAN MOORINGS C.I.C.

Balance sheet statements

For the year ending 31 August 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 16 May 2024
and signed on behalf of the board by:

Name: Alison Joanne Tuck
Status: Director

The notes form part of these financial statements

URBAN MOORINGS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 August 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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

    Tangible fixed assets depreciation policy

    Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:Plant & machinery - 20% straight lineFixtures & fittings - 20% straight line

    Other accounting policies

    Basis of preparationThe accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.Presentation currencyThe accounts are presented in £ sterling.

URBAN MOORINGS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

URBAN MOORINGS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 August 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 September 2022 3,178 451 3,629
Additions 380 735 1,115
Disposals
Revaluations
Transfers
At 31 August 2023 3,558 1,186 4,744
Depreciation
At 1 September 2022 1,457 270 1,727
Charge for year 712 239 951
On disposals
Other adjustments
At 31 August 2023 2,169 509 2,678
Net book value
At 31 August 2023 1,389 677 2,066
At 31 August 2022 1,721 181 1,902

URBAN MOORINGS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 August 2023

4. Stocks

2023 2022
£ £
Stocks 500 1,200
Total 500 1,200

URBAN MOORINGS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 August 2023

5. Debtors

2023 2022
£ £
Trade debtors 531 1,060
Total 531 1,060

URBAN MOORINGS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 August 2023

6. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 1,400 1,800
Trade creditors 781 946
Taxation and social security 74 210
Accruals and deferred income 524 250
Total 2,779 3,206

URBAN MOORINGS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 August 2023

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

2023 2022
£ £
Other creditors 9,604 9,965
Total 9,604 9,965

COMMUNITY INTEREST ANNUAL REPORT

URBAN MOORINGS C.I.C.

Company Number: 10351573 (England and Wales)

Year Ending: 31 August 2023

Company activities and impact

The last year has seen a continuation of volunteering and community engagement.Volunteers have continued to help regenerate the site and help with developing and maintaining the wildlife and vegetable gardens. They have also contributed to the building projects completed on-site this year. They have helped build a Mediterranean Garden, Installan Elsan Point for visiting boaters, and laid paving around the site.We have seen a marked improvement in the insect and bird populations due to considerate planting.

Consultation with stakeholders

The company's stakeholders are Canal and River Trust, the City of Wolverhampton Council, Local Residents and Canal Boaters.The company has been in ongoing and active discussions with CRT and WCC as to how the company and its ethos fit within plans for local regeneration. Together a plan forward has been agreed, and it was made clear the Council and CRT would help in any way they wereable to allow the project to succeed.Engagement with our Local Councillor has enabled us to gauge the needs of Local Residents and establish lines of communication with other local community projects and institutions.Social Media, Networking Events and Community Events have allowed engagement with Local Residents and Boaters which has fed back into project ideas and given an overview of local needs.Three of our volunteers have completed their Sustrans training to become accredited walk leaders.We have had an increase in moorers at the site, who have in turn given volunteer hours to the project.We were involved in the ‘warm spaces’ initiative with Wolverhampton Council, which we incorporated with our Lunch Club. We also continue to run a Craft Club for the local community.We have been able to increase our services for the boating community, with the provision of Gas, Coal and Water, as well as Elsan and dry toilet system composting facilities.We achieved all of our planning and building aims for the year, and we were able to carry on with engaging both the local and boating communities and developing awareness of the project.

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
16 May 2024

And signed on behalf of the board by:
Name: Louise Elizabeth Moore
Status: Director