KEY LYNX CIC

Company limited by guarantee

Company Registration Number:
12335161 (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

KEY LYNX CIC

Contents of the Financial Statements

for the Period Ended 30 November 2023

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

KEY LYNX CIC

Directors' report period ended 30 November 2023

The directors present their report with the financial statements of the company for the period ended 30 November 2023

Directors

The director shown below has held office during the whole of the period from
1 December 2022 to 30 November 2023

David Jones


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
29 August 2024

And signed on behalf of the board by:
Name: David Jones
Status: Director

KEY LYNX CIC

Profit And Loss Account

for the Period Ended 30 November 2023

2023 2022


£

£
Turnover: 106,532 18,121
Gross profit(or loss): 106,532 18,121
Administrative expenses: ( 108,978 ) ( 13,719 )
Operating profit(or loss): (2,446) 4,402
Profit(or loss) before tax: (2,446) 4,402
Tax: 260 ( 836 )
Profit(or loss) for the financial year: (2,186) 3,566

KEY LYNX CIC

Balance sheet

As at 30 November 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 471 0
Total fixed assets: 471 0
Current assets
Debtors: 4 2,214 3,805
Cash at bank and in hand: 857 1,197
Total current assets: 3,071 5,002
Creditors: amounts falling due within one year: 5 ( 2,163 ) ( 1,436 )
Net current assets (liabilities): 908 3,566
Total assets less current liabilities: 1,379 3,566
Total net assets (liabilities): 1,379 3,566
Members' funds
Profit and loss account: 1,379 3,566
Total members' funds: 1,379 3,566

The notes form part of these financial statements

KEY LYNX 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 29 August 2024
and signed on behalf of the board by:

Name: David Jones
Status: Director

The notes form part of these financial statements

KEY LYNX 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

KEY LYNX CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 2 2

    Only directors working without any payment for now.

KEY LYNX CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 December 2022 0 0 0
Additions 199 313 512
Disposals
Revaluations
Transfers
At 30 November 2023 199 313 512
Depreciation
At 1 December 2022 0 0 0
Charge for year 28 13 41
On disposals
Other adjustments
At 30 November 2023 28 13 41
Net book value
At 30 November 2023 171 300 471
At 30 November 2022 0 0 0

KEY LYNX CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Debtors

2023 2022
£ £
Other debtors 2,214 3,805
Total 2,214 3,805

KEY LYNX CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Taxation and social security 1,293 836
Accruals and deferred income 870 600
Total 2,163 1,436

COMMUNITY INTEREST ANNUAL REPORT

KEY LYNX CIC

Company Number: 12335161 (England and Wales)

Year Ending: 30 November 2023

Company activities and impact

The company arranges residence for people who are less able and cannot find house on rent very easily. The company also provides ready houses to care providing businesses who are in desperate need of places to house needy people who are required to be in constant care.

Consultation with stakeholders

Company discussed all the issues it faced for providing reasonable residence to people in need. It took all relevant parties on board and consulted with them in order to meet their needs.

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
29 August 2024

And signed on behalf of the board by:
Name: David Jones
Status: Director