IF AND THEN C.I.C.

Company Registration Number:
09745865 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2023

Period of accounts

Start date: 1 September 2022

End date: 31 August 2023

IF AND THEN C.I.C.

Contents of the Financial Statements

for the Period Ended 31 August 2023

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

IF AND THEN C.I.C.

Profit And Loss Account

for the Period Ended 31 August 2023

2023 2022


£

£
Turnover: 86,283 140,440
Cost of sales: ( 2,801 ) ( 23,206 )
Gross profit(or loss): 83,482 117,234
Distribution costs: ( 10,584 ) ( 15,443 )
Administrative expenses: ( 153,333 ) ( 197,062 )
Operating profit(or loss): (80,435) (95,271)
Interest payable and similar charges: ( 765 ) ( 4,012 )
Profit(or loss) before tax: (81,200) (99,283)
Tax: 0 0
Profit(or loss) for the financial year: (81,200) (99,283)

IF AND THEN C.I.C.

Balance sheet

As at 31 August 2023

Notes 2023 2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 20,020 32,963
Investments:   0 0
Total fixed assets: 20,020 32,963
Current assets
Stocks:   0 0
Debtors: 4 779 36,977
Cash at bank and in hand: 0 4,959
Investments:   0 0
Total current assets: 779 41,936
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 5 ( 63,366 ) ( 9,262 )
Net current assets (liabilities): (62,587) 32,674
Total assets less current liabilities: (42,567) 65,637
Creditors: amounts falling due after more than one year: 6 ( 61,795 ) ( 88,799 )
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): (104,362) (23,162)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (104,462 ) (23,262 )
Total Shareholders' funds: ( 104,362 ) (23,162)

The notes form part of these financial statements

IF AND THEN C.I.C.

Balance sheet statements

For the year ending 31 August 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 August 2024
and signed on behalf of the board by:

Name: Kai James Warwick Bastard
Status: Director

The notes form part of these financial statements

IF AND THEN C.I.C.

Notes to the Financial Statements

for the Period Ended 31 August 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

IF AND THEN C.I.C.

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 4 6

IF AND THEN C.I.C.

Notes to the Financial Statements

for the Period Ended 31 August 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 September 2022 1,988 29,905 54,819 86,712
Additions
Disposals
Revaluations
Transfers
At 31 August 2023 1,988 29,905 54,819 86,712
Depreciation
At 1 September 2022 1,076 16,178 36,495 53,749
Charge for year 398 5,943 6,602 12,943
On disposals
Other adjustments
At 31 August 2023 1,474 22,121 43,097 66,692
Net book value
At 31 August 2023 514 7,784 11,722 20,020
At 31 August 2022 912 13,727 18,324 32,963

IF AND THEN C.I.C.

Notes to the Financial Statements

for the Period Ended 31 August 2023

4. Debtors

2023 2022
£ £
Prepayments and accrued income 779 619
Other debtors 0 36,358
Total 779 36,977

IF AND THEN C.I.C.

Notes to the Financial Statements

for the Period Ended 31 August 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 3,318
Taxation and social security 16,639 7,665
Other creditors 43,409 1,597
Total 63,366 9,262

IF AND THEN C.I.C.

Notes to the Financial Statements

for the Period Ended 31 August 2023

6. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Bank loans and overdrafts 61,795 88,799
Total 61,795 88,799

COMMUNITY INTEREST ANNUAL REPORT

IF AND THEN C.I.C.

Company Number: 09745865 (England and Wales)

Year Ending: 31 August 2023

Company activities and impact

Our CIC is dedicated to celebrating and preserving the rich heritage of the London Borough of Waltham Forest through engaging photography, video production, and post- production projects, all driven by active community participation and educational workshops. We aim to empower young people aged 17-23 from underserved and underrepresented communities in London by providing them with valuable experience and skills necessary to pursue a career in the creative industries. By capturing and sharing the diverse stories and visual narratives of the community, both past and present, from the perspectives of both young and elderly residents, our activities will enrich community cohesion and foster a deeper understanding of the borough's cultural legacy.

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
30 August 2024

And signed on behalf of the board by:
Name: Kai James Warwick Bastard
Status: Director