FRESH BEGINNINGS UK C.I.C.

Company limited by guarantee

Company Registration Number:
11069350 (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

FRESH BEGINNINGS UK C.I.C.

Contents of the Financial Statements

for the Period Ended 30 November 2023

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

FRESH BEGINNINGS UK C.I.C.

Profit And Loss Account

for the Period Ended 30 November 2023

2023 2022


£

£
Turnover: 4,090 14,678
Gross profit(or loss): 4,090 14,678
Administrative expenses: ( 8,692 ) ( 12,116 )
Operating profit(or loss): (4,602) 2,562
Profit(or loss) before tax: (4,602) 2,562
Profit(or loss) for the financial year: (4,602) 2,562

FRESH BEGINNINGS UK C.I.C.

Balance sheet

As at 30 November 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 250 750
Total fixed assets: 250 750
Current assets
Debtors: 4 37,390 41,640
Cash at bank and in hand: 23 25
Total current assets: 37,413 41,665
Net current assets (liabilities): 37,413 41,665
Total assets less current liabilities: 37,663 42,415
Creditors: amounts falling due after more than one year: 5 ( 43,673 ) ( 43,673 )
Accruals and deferred income: ( 500 ) ( 650 )
Total net assets (liabilities): (6,510) (1,908)
Members' funds
Profit and loss account: (6,510) ( 1,908)
Total members' funds: ( 6,510) (1,908)

The notes form part of these financial statements

FRESH BEGINNINGS UK C.I.C.

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

Name: Patrick Ramazani
Status: Director

The notes form part of these financial statements

FRESH BEGINNINGS UK C.I.C.

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

    Income represents the fair value of the consideration received for the sale of goods and the provision of services in the ordinary course of the company's activities. Income is shown net of sales/value added tax, returns, rebates and discounts.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

    Other accounting policies

    Depreciation Policy Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over the estimated useful life as follows: Office Equipment - 25% straight line method.

FRESH BEGINNINGS UK C.I.C.

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

FRESH BEGINNINGS UK C.I.C.

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 2,000 2,000
Additions
Disposals
Revaluations
Transfers
At 30 November 2023 2,000 2,000
Depreciation
At 1 December 2022 1,250 1,250
Charge for year 500 500
On disposals
Other adjustments
At 30 November 2023 1,750 1,750
Net book value
At 30 November 2023 250 250
At 30 November 2022 750 750

FRESH BEGINNINGS UK C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Debtors

2023 2022
£ £
Other debtors 37,390 41,640
Total 37,390 41,640

FRESH BEGINNINGS UK C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2023

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

2023 2022
£ £
Bank loans and overdrafts 43,673 43,673
Total 43,673 43,673

FRESH BEGINNINGS UK C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2023

6. Loans to directors

Name of director receiving advance or credit: Patrick Ramazani
Description of the transaction:
Advance
£
Balance at 30 November 2022 41,640
Advances or credits made:
Advances or credits repaid: 5,100
Balance at 30 November 2023 36,540

COMMUNITY INTEREST ANNUAL REPORT

FRESH BEGINNINGS UK C.I.C.

Company Number: 11069350 (England and Wales)

Year Ending: 30 November 2023

Company activities and impact

During the financial year to November 2023, Fresh Beginnings C.I.C. have benefitted the community in the following ways: - supported local residents with their settlement application especially those that are not computer savvy and those that are not familiar with the process. - signposted 20 people to facilities in the area where they can get further assistance.

Consultation with stakeholders

The directors of the company who are the stakeholders meet bi-annually to share ideas on increasing our presence. We ask beneficiaries to promote what we do so that we can help others in the community.

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
31 August 2024

And signed on behalf of the board by:
Name: Patrick Ramazani
Status: Director