CHILLAXATIONS C.I.C.

Company Registration Number:
10529529 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 1 January 2023

End date: 31 December 2023

CHILLAXATIONS C.I.C.

Contents of the Financial Statements

for the Period Ended 31 December 2023

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

CHILLAXATIONS C.I.C.

Directors' report period ended 31 December 2023

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

Principal activities of the company

The principal activity of the company is that of providing community support activities



Directors

The director shown below has held office during the whole of the period from
1 January 2023 to 31 December 2023

Khyri McDaniel


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
13 August 2024

And signed on behalf of the board by:
Name: Khyri McDaniel
Status: Director

CHILLAXATIONS C.I.C.

Profit And Loss Account

for the Period Ended 31 December 2023

2023 2022


£

£
Turnover: 4,046 10,776
Cost of sales: ( 1,366 ) ( 2,871 )
Gross profit(or loss): 2,680 7,905
Administrative expenses: ( 3,167 ) ( 7,965 )
Operating profit(or loss): (487) (60)
Profit(or loss) before tax: (487) (60)
Profit(or loss) for the financial year: (487) (60)

CHILLAXATIONS C.I.C.

Balance sheet

As at 31 December 2023

Notes 2023 2022


£

£
Current assets
Cash at bank and in hand: 65 709
Total current assets: 65 709
Creditors: amounts falling due within one year: 3 ( 5,760 ) ( 11,179 )
Net current assets (liabilities): (5,695) (10,470)
Total assets less current liabilities: (5,695) ( 10,470)
Creditors: amounts falling due after more than one year: 4 ( 7,965 ) ( 2,703 )
Total net assets (liabilities): (13,660) (13,173)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (13,760 ) (13,273 )
Total Shareholders' funds: ( 13,660 ) (13,173)

The notes form part of these financial statements

CHILLAXATIONS C.I.C.

Balance sheet statements

For the year ending 31 December 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 13 August 2024
and signed on behalf of the board by:

Name: Khyri McDaniel
Status: Director

The notes form part of these financial statements

CHILLAXATIONS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 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

    1.2 Turnover Turnover represent the total invoice value, excluding value added tax, of sales made during the year

CHILLAXATIONS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

CHILLAXATIONS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Creditors: amounts falling due within one year note

2023 2022
£ £
Other creditors 5,760 11,179
Total 5,760 11,179

CHILLAXATIONS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2023

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

2023 2022
£ £
Bank loans and overdrafts 7,965 2,703
Total 7,965 2,703

COMMUNITY INTEREST ANNUAL REPORT

CHILLAXATIONS C.I.C.

Company Number: 10529529 (England and Wales)

Year Ending: 31 December 2023

Company activities and impact

We offered a range of topical products that are centred on providing the mineral ‘Magnesium’ which is offered via our bath salts and magnesium sprays which are extensions of our self-care and skin care habits. We also offer information regarding Magnesium and how this benefits us on a day-to-day basis via presentations as well as social media posting.

Consultation with stakeholders

No consultation with stakeholders

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
13 August 2024

And signed on behalf of the board by:
Name: Khyri McDaniel
Status: Director