FREELENDING CIC

Company Registration Number:
06749438 (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

FREELENDING CIC

Contents of the Financial Statements

for the Period Ended 30 November 2023

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

FREELENDING CIC

Profit And Loss Account

for the Period Ended 30 November 2023

2023 2022


£

£
Turnover: 25 30
Gross profit(or loss): 25 30
Administrative expenses: ( 28 ) ( 28 )
Operating profit(or loss): (3) 2
Profit(or loss) before tax: (3) 2
Profit(or loss) for the financial year: (3) 2

FREELENDING CIC

Balance sheet

As at 30 November 2023

Notes 2023 2022


£

£
Current assets
Cash at bank and in hand: 88 88
Total current assets: 88 88
Creditors: amounts falling due within one year: 3 ( 549 ) ( 546 )
Net current assets (liabilities): (461) (458)
Total assets less current liabilities: (461) ( 458)
Total net assets (liabilities): (461) (458)
Capital and reserves
Called up share capital: 400 400
Profit and loss account: (861 ) (858 )
Total Shareholders' funds: ( 461 ) (458)

The notes form part of these financial statements

FREELENDING 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 28 August 2024
and signed on behalf of the board by:

Name: Paul Crosland
Status: Director

The notes form part of these financial statements

FREELENDING 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 Financial Reporting Standard 101

FREELENDING 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

FREELENDING CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Creditors: amounts falling due within one year note

2023 2022
£ £
Other creditors 549 546
Total 549 546

COMMUNITY INTEREST ANNUAL REPORT

FREELENDING CIC

Company Number: 06749438 (England and Wales)

Year Ending: 30 November 2023

Company activities and impact

Freelending CIC has maintained online advice to encourage responsible lending and borrowing within communities.

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
28 August 2024

And signed on behalf of the board by:
Name: Paul Crosland
Status: Director