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Company limited by guarantee

Company Registration Number:
12991061 (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

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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

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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

Principal activities of the company

The principal activity of the company during the year under review was that of a community centre for people with disabilities.



Directors

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

S Lacy


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
30 April 2024

And signed on behalf of the board by:
Name: S Lacy
Status: Director

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Profit And Loss Account

for the Period Ended 30 November 2023

2023 2022


£

£
Turnover: 17,639 10,584
Cost of sales: ( 3,181 ) ( 1,846 )
Gross profit(or loss): 14,458 8,738
Distribution costs: ( 119 )
Administrative expenses: ( 23,978 ) ( 16,828 )
Other operating income: 7,176 10,149
Operating profit(or loss): (2,463) 2,059
Profit(or loss) before tax: (2,463) 2,059
Profit(or loss) for the financial year: (2,463) 2,059

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Balance sheet

As at 30 November 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 2,614 2,987
Total fixed assets: 2,614 2,987
Current assets
Cash at bank and in hand: 3,479 3,989
Total current assets: 3,479 3,989
Creditors: amounts falling due within one year: 4 ( 7,397 ) ( 5,817 )
Net current assets (liabilities): (3,918) (1,828)
Total assets less current liabilities: (1,304) 1,159
Total net assets (liabilities): (1,304) 1,159
Members' funds
Profit and loss account: (1,304) 1,159
Total members' funds: ( 1,304) 1,159

The notes form part of these financial statements

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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 30 April 2024
and signed on behalf of the board by:

Name: S Lacy
Status: Director

The notes form part of these financial statements

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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

    Turnover policy

    Turnover Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Revenue from the sale of goods is recognised when all the following conditions are satisfied: the Company has transferred to the buyer the significant risks and rewards of ownership of the goods; the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; the amount of revenue can be measured reliably; it is probable that the economic benefits associated with the transaction will flow to the Company; and the costs incurred or to be incurred in respect of the transaction can be measured reliably. Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

    Tangible fixed assets depreciation policy

    Tangible fixed assets and depreciation Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses. At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss. Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life: Plant and machinery - 25% Reducing balance Furniture, fittings and equipment - 25% Reducing balance

    Other accounting policies

    Taxation Income tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable profit for the year. Taxable profit differs from the surplus as reported in the income and expenditure account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Current or deferred tax for the year is recognised in the income and expenditure account, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively. Trade and other creditors Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

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Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 1 1

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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 5,036 5,036
Additions 500 500
Disposals
Revaluations
Transfers
At 30 November 2023 500 5,036 5,536
Depreciation
At 1 December 2022 0 2,049 2,049
Charge for year 125 748 873
On disposals
Other adjustments
At 30 November 2023 125 2,797 2,922
Net book value
At 30 November 2023 375 2,239 2,614
At 30 November 2022 0 2,987 2,987

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Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 53 53
Accruals and deferred income 444
Other creditors 7,344 5,320
Total 7,397 5,817

COMMUNITY INTEREST ANNUAL REPORT

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Company Number: 12991061 (England and Wales)

Year Ending: 30 November 2023

Company activities and impact

The aim of aScEND Hull is to provide social and craft sessions for children, young people, adults and families who are living with Special Educational Needs and Disabilities (SEND) in the Hull area. These sessions are very much needed as inclusion into mainstream activities is not always possibly due the nature of the individuals disabilities and needs.

Consultation with stakeholders

The company’s stakeholders are the children, young people, adults and families that access the weekly sessions available to them. The directors of the company live in the Hull area and have previously worked in the similar settings so knew there was a need for the sessions to be available. We ask all of our stakeholders to make suggestions of what sessions they would like to see in the future and find a way to make these sessions happen and be accessible for all.

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
24 August 2024

And signed on behalf of the board by:
Name: S L Lacy
Status: Director