WHITEHAWK BIKE WORKSHOP CIC

Company limited by guarantee

Company Registration Number:
12324647 (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

WHITEHAWK BIKE WORKSHOP CIC

Contents of the Financial Statements

for the Period Ended 30 November 2023

Profit and loss
Balance sheet
Additional notes
Community Interest Report

WHITEHAWK BIKE WORKSHOP CIC

Profit And Loss Account

for the Period Ended 30 November 2023

2023 2022


£

£
Turnover: 6,608 7,730
Cost of sales: ( 1,020 ) ( 666 )
Gross profit(or loss): 5,588 7,064
Distribution costs: 0 0
Administrative expenses: ( 7,758 ) ( 9,928 )
Other operating income: 0 0
Operating profit(or loss): (2,170) (2,864)
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: (2,170) (2,864)
Profit(or loss) for the financial year: (2,170) (2,864)

WHITEHAWK BIKE WORKSHOP CIC

Balance sheet

As at 30 November 2023

Notes 2023 2022


£

£
Current assets
Cash at bank and in hand: 18,410 1,871
Total current assets: 18,410 1,871
Net current assets (liabilities): 18,410 1,871
Total assets less current liabilities: 18,410 1,871
Accruals and deferred income: ( 19,597 )
Total net assets (liabilities): (1,187) 1,871
Members' funds
Profit and loss account: (1,187) 1,871
Total members' funds: ( 1,187) 1,871

The notes form part of these financial statements

WHITEHAWK BIKE WORKSHOP CIC

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 24 August 2024
and signed on behalf of the board by:

Name: Iain Baxter Wilson
Status: Director

The notes form part of these financial statements

WHITEHAWK BIKE WORKSHOP CIC

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

WHITEHAWK BIKE WORKSHOP CIC

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

COMMUNITY INTEREST ANNUAL REPORT

WHITEHAWK BIKE WORKSHOP CIC

Company Number: 12324647 (England and Wales)

Year Ending: 30 November 2023

Company activities and impact

The company runs a community bike repair workshop with the aim of improving access to bicycle maintenance facilities in an area otherwise lacking them. We started the workshop in 2016 having been approached by our local council who were looking for someone to run a new project. We offer low cost or free repairs to local residents of all ages. In the year 2022 / 2023 we have benefited the community in the following ways: - We repaired 371 bikes. These repairs can be as simple as inflating tyres and oiling chains to major overhauls with many new parts. - We encourage cyclists to stay with us so we can explain the process of carrying out the repairs to empower them to maintain their own bikes. - If customers know how to carry out their repairs but lack tools or parts they are welcome to use our facilities while being able to ask for help from our mechanics. - We encourage cyclists to cycle safely and securely, giving out USB rechargeable lights and giving advice on locking their bikes. - Many local residents have noted that they have seen as increase in cycling in the local area following the running of our workshop. - Our customers frequently tell us how important cycling is to them; both to their mental and physical health but also practically, allowing them to travel around the city for work and leisure.

Consultation with stakeholders

Our stakeholders are the residents of the local area, a housing estate in East Brighton. Our directors and volunteers live nearby and have done so for many years. We constantly seek feedback from the customers who use our workshop to find out ways in which we can improve the services we offer. Following this we have increased the breadth of tools and parts that we can offer so that we can carry out repairs more quickly. Multiple people have asked us to increase the number of hours that we run the workshop but unfortunately resources do not allow us to do so. We have been asked by individuals and other social services if we could offer more volunteering opportunities but unfortunately resources do not allow this at the current time.

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £5,280.66.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
22 August 2024

And signed on behalf of the board by:
Name: Iain Baxter Wilson
Status: Director