I-BOGEY COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
13579716 (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

I-BOGEY COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 August 2023

Directors report
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

I-BOGEY COMMUNITY INTEREST COMPANY

Directors' report period ended 31 August 2023

The directors present their report with the financial statements of the company for the period ended 31 August 2023

Principal activities of the company

The principle activity of the company continued to be that of provision of technology services for children and young people



Directors

The director shown below has held office during the whole of the period from
1 September 2022 to 31 August 2023

Erika Chivers


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
3 June 2024

And signed on behalf of the board by:
Name: Erika Chivers
Status: Director

I-BOGEY COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 August 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 2,349 2,006
Total fixed assets: 2,349 2,006
Current assets
Debtors: 4 116 0
Cash at bank and in hand: 1,127 7,978
Total current assets: 1,243 7,978
Creditors: amounts falling due within one year: 5 ( 3,698 ) ( 9,984 )
Net current assets (liabilities): (2,455) (2,006)
Total assets less current liabilities: (106) 0
Total net assets (liabilities): (106) 0
Members' funds
Profit and loss account: (106) 0
Total members' funds: ( 106) 0

The notes form part of these financial statements

I-BOGEY COMMUNITY INTEREST COMPANY

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.

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 3 June 2024
and signed on behalf of the board by:

Name: Erika Chivers
Status: Director

The notes form part of these financial statements

I-BOGEY COMMUNITY INTEREST COMPANY

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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered. The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefit will flow to the entity.

    Tangible fixed assets depreciation policy

    Property, plant and equipment is stated at cost less accumulated depreciation and impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives, using the straight-line method. The estimated useful lives, residual values and depreciation method are reviewed at the end of each reporting period, with the effect of any changes in estimate accounted for on a prospective basis. Depreciation is provided to write off the cost less estimated residual value, of each asset over its expected useful life as follows: Plant and Machinery - 20% straight line.

    Other accounting policies

    Grants are accounted for under the accruals model as permitted by FRS102. Grants related to expenditure on tangible fixed assets are credited to profit and loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of the grant is included in creditors as deferred income. Grants of a revenue nature are recognised in the statement of income and retained earnings in the same period as the related expenditure.

I-BOGEY COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 1 1

I-BOGEY COMMUNITY INTEREST COMPANY

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 2,093 2,093
Additions 1,500 1,500
Disposals
Revaluations
Transfers
At 31 August 2023 3,593 3,593
Depreciation
At 1 September 2022 87 87
Charge for year 1,157 1,157
On disposals
Other adjustments
At 31 August 2023 1,244 1,244
Net book value
At 31 August 2023 2,349 2,349
At 31 August 2022 2,006 2,006

I-BOGEY COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 August 2023

4. Debtors

2023 2022
£ £
Other debtors 116 0
Total 116 0

I-BOGEY COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 August 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Accruals and deferred income 3,698 9,984
Total 3,698 9,984

I-BOGEY COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 August 2023

6. Loans to directors

Name of director receiving advance or credit: Erika Chivers
Description of the transaction:
A loan was advanced to Erika Chivers, Director, and at the year end, a loan of £116 (2022 £0) was included in Other debtors.
£
Balance at 31 August 2022
Advances or credits made: 116
Advances or credits repaid:
Balance at 31 August 2023 116

COMMUNITY INTEREST ANNUAL REPORT

I-BOGEY COMMUNITY INTEREST COMPANY

Company Number: 13579716 (England and Wales)

Year Ending: 31 August 2023

Company activities and impact

Provision of technology workshops to young people.

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
3 June 2024

And signed on behalf of the board by:
Name: Erika Chivers
Status: Director