BAROD COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
08382883 (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

BAROD COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 March 2024

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

BAROD COMMUNITY INTEREST COMPANY

Directors' report period ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Directors

The directors shown below have held office during the whole of the period from
1 April 2023 to 31 March 2024

Malcolm Cansdale
Bryan Collis
Matthew Heit
Lucy Hinksman
Sophie Hinksman
Sarah Phillips


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
30 April 2024

And signed on behalf of the board by:
Name: Malcolm Cansdale
Status: Director

BAROD COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 31 March 2024

2024 2023


£

£
Turnover: 99,261 119,263
Cost of sales: ( 16,548 ) ( 51,179 )
Gross profit(or loss): 82,713 68,084
Distribution costs: ( 17 ) ( 242 )
Administrative expenses: ( 122,435 ) ( 120,412 )
Other operating income: 18,433 17,864
Operating profit(or loss): (21,306) (34,706)
Interest payable and similar charges: ( 1 )
Profit(or loss) before tax: (21,307) (34,706)
Tax: 0 0
Profit(or loss) for the financial year: (21,307) (34,706)

BAROD COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 2,520 5,328
Investments:   0 0
Total fixed assets: 2,520 5,328
Current assets
Stocks:   0 0
Debtors: 4 28,488 13,736
Cash at bank and in hand: 2,706 35,283
Investments:   0 0
Total current assets: 31,194 49,019
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 5 ( 3,857 ) ( 3,184 )
Net current assets (liabilities): 27,337 45,835
Total assets less current liabilities: 29,857 51,163
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): 29,857 51,163
Members' funds
Profit and loss account: 29,857 51,163
Total members' funds: 29,857 51,163

The notes form part of these financial statements

BAROD COMMUNITY INTEREST COMPANY

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 30 April 2024
and signed on behalf of the board by:

Name: Malcolm Cansdale
Status: Director

The notes form part of these financial statements

BAROD COMMUNITY INTEREST COMPANY

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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

    Tangible fixed assets depreciation policy

    All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows: Computer Equipment 33% straight line Office Equipment 25% straight line Plant & Machinery 25% straight line

BAROD COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 14 14

BAROD COMMUNITY INTEREST COMPANY

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 4,829 11,835 16,664
Additions 179 180 359
Disposals 0 0 0
Revaluations 0 0 0
Transfers 0 0 0
At 31 March 2024 5,008 12,015 17,023
Depreciation
At 1 April 2023 2,528 8,808 11,336
Charge for year 1,224 1,943 3,167
On disposals 0 0 0
Other adjustments 0 0 0
At 31 March 2024 3,752 10,751 14,503
Net book value
At 31 March 2024 1,256 1,264 2,520
At 31 March 2023 2,301 3,027 5,328

BAROD COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Debtors

2024 2023
£ £
Trade debtors 17,246 2,680
Prepayments and accrued income 11,242 11,056
Other debtors 0 0
Total 28,488 13,736
Debtors due after more than one year: 0 0

BAROD COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 3,857 3,184
Total 3,857 3,184

COMMUNITY INTEREST ANNUAL REPORT

BAROD COMMUNITY INTEREST COMPANY

Company Number: 08382883 (England and Wales)

Year Ending: 31 March 2024

Company activities and impact

Barod CIC continues to trade offering training and consultancy in accessible information and good practice in engagement and coproduction of services. Barod works in partnership with two self advocacy groups to produce accessible information under the name Planet Easy Read. We are leading a project to develop an app to help people use public transport and health passports. We are developing our research capacity, reviewing academic papers and book chapters and have been successful in one bid for funding into humanising healthcare with Sheffield University. The client base is still in the main public sector organisations in Wales. These activities have resulted in Barod directly employing 11 adults with learning disabilities or Autism. A founder member and previous employee has completed her PhD which was done in partnership with Barod. She has an Autism diagnosis and is now developing a business idea to help support neurodivergent entrepreneurs. Barod members have been active in self advocacy in Wales.

Consultation with stakeholders

Barod CIC is governed by a board of Directors elected from our membership. This year our board included 3 members with learning disabilities. Our members have met twice this year to support Barod's development. The membership are formed by stakeholders in the work and future development of the company. Barod works to employ and work with people with a learning disability in all areas of om work. All our work has involved people with learning disabilities delivering services, giving their lived experience a voice in our work.

Directors' remuneration

Directors' remuneration (2 directors) totalled £29,195. There are no other transactions or arrangements to disclose.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
5 September 2024

And signed on behalf of the board by:
Name: Malcolm Cansdale
Status: Director