SCORPIO COMMUNITY DEVELOPMENT CIC

Company limited by guarantee

Company Registration Number:
11276077 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 April 2023

End date: 31 March 2024

SCORPIO COMMUNITY DEVELOPMENT CIC

Contents of the Financial Statements

for the Period Ended 31 March 2024

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

SCORPIO COMMUNITY DEVELOPMENT CIC

Profit And Loss Account

for the Period Ended 31 March 2024

2024 2023


£

£
Turnover: 4,395 4,060
Cost of sales: 0 ( 4,729 )
Gross profit(or loss): 4,395 (669)
Distribution costs: 0 0
Administrative expenses: ( 4,818 ) ( 1,639 )
Other operating income: 0 0
Operating profit(or loss): (423) (2,308)
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: (423) (2,308)
Tax: 0 0
Profit(or loss) for the financial year: (423) (2,308)

SCORPIO COMMUNITY DEVELOPMENT CIC

Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 0 96
Investments:   0 0
Total fixed assets: 0 96
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 5,051 379
Investments:   0 0
Total current assets: 5,051 379
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 4 ( 5,000 ) 0
Net current assets (liabilities): 51 379
Total assets less current liabilities: 51 475
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 51 475
Members' funds
Profit and loss account: 51 475
Total members' funds: 51 475

The notes form part of these financial statements

SCORPIO COMMUNITY DEVELOPMENT CIC

Balance sheet statements

For the year ending 31 March 2024 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 8 September 2024
and signed on behalf of the board by:

Name: Phil Bainbridge
Status: Director

The notes form part of these financial statements

SCORPIO COMMUNITY DEVELOPMENT CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 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

    Tangible fixed assets depreciation policy

    Annual depreciation of computer equipment is calculated at 25% of the cost to write off the asset over it's estimated economic lifetime.

SCORPIO COMMUNITY DEVELOPMENT CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

SCORPIO COMMUNITY DEVELOPMENT CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2023 96 96
Additions
Disposals
Revaluations
Transfers
At 31 March 2024 96 96
Depreciation
At 1 April 2023 0 0
Charge for year 96 96
On disposals
Other adjustments
At 31 March 2024 96 96
Net book value
At 31 March 2024 0 0
At 31 March 2023 96 96

SCORPIO COMMUNITY DEVELOPMENT CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 0 0
Accruals and deferred income 5,000 0
Other creditors 0 0
Total 5,000 0

COMMUNITY INTEREST ANNUAL REPORT

SCORPIO COMMUNITY DEVELOPMENT CIC

Company Number: 11276077 (England and Wales)

Year Ending: 31 March 2024

Company activities and impact

Scorpio Community Development has continued to provide Duke of Edinburgh training and expeditions for the local community. We have also provided holiday clubs for local teenagers, providing first aid training and other skills. We have continued to support Pathfinders UK with training and opportunites.

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
8 September 2024

And signed on behalf of the board by:
Name: Phil Bainbridge
Status: Director