TRANSFORMERS NORTH CIC

Company limited by guarantee

Company Registration Number:
10542435 (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

TRANSFORMERS NORTH CIC

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

TRANSFORMERS NORTH CIC

Balance sheet

As at 31 December 2023

Notes 2023 2022


£

£
Current assets
Debtors: 3 90 91
Cash at bank and in hand: 21,587 3,761
Total current assets: 21,677 3,852
Creditors: amounts falling due within one year: 4 ( 18,873 ) ( 4,073 )
Net current assets (liabilities): 2,804 (221)
Total assets less current liabilities: 2,804 ( 221)
Total net assets (liabilities): 2,804 (221)
Members' funds
Profit and loss account: 2,804 ( 221)
Total members' funds: 2,804 (221)

The notes form part of these financial statements

TRANSFORMERS NORTH CIC

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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 24 July 2024
and signed on behalf of the board by:

Name: Michael Sims
Status: Director

The notes form part of these financial statements

TRANSFORMERS NORTH CIC

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

TRANSFORMERS NORTH CIC

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 1 1

TRANSFORMERS NORTH CIC

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Debtors

2023 2022
£ £
Prepayments and accrued income 90 91
Total 90 91

TRANSFORMERS NORTH CIC

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 2,051
Taxation and social security 445
Accruals and deferred income 18,428 2,022
Total 18,873 4,073

COMMUNITY INTEREST ANNUAL REPORT

TRANSFORMERS NORTH CIC

Company Number: 10542435 (England and Wales)

Year Ending: 31 December 2023

Company activities and impact

Transformers North actitivies and projects have benefited the community in the following ways: local volunteers and residents (particularly those with learning difficulties, poor mental health or unemployed) have transformed outdoor community spaces and improved accessibility/safety of footpaths for local residents and visitors, built up knowledge and skills, made friends, improved confidence and self-esteem and helped people feel a part of a community project. Local school children and families have gained knowledge and understanding about all aspects of food growing.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

Total payments of £12,702 were made to directors during the year in respect of services provided to the CIC.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
24 July 2024

And signed on behalf of the board by:
Name: Michael Sims
Status: Director