COMMUNITY LYNCX COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
09977999 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2024

Period of accounts

Start date: 1 February 2023

End date: 31 January 2024

COMMUNITY LYNCX COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 January 2024

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

COMMUNITY LYNCX COMMUNITY INTEREST COMPANY

Directors' report period ended 31 January 2024

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

Principal activities of the company

The company's principal activity during the year is to promote healthly eating within the local area.



Directors

The director shown below has held office during the whole of the period from
1 February 2023 to 31 January 2024

Ms S M Poxon


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
31 August 2024

And signed on behalf of the board by:
Name: Ms S M Poxon
Status: Director

COMMUNITY LYNCX COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 31 January 2024

2024 2023


£

£
Turnover: 985 2,506
Cost of sales: ( 2,216 ) ( 590 )
Gross profit(or loss): (1,231) 1,916
Administrative expenses: ( 583 ) ( 624 )
Operating profit(or loss): (1,814) 1,292
Profit(or loss) before tax: (1,814) 1,292
Profit(or loss) for the financial year: (1,814) 1,292

COMMUNITY LYNCX COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 January 2024

Notes 2024 2023


£

£
Current assets
Cash at bank and in hand: 0 1,807
Total current assets: 0 1,807
Creditors: amounts falling due within one year: 3 ( 520 ) ( 513 )
Net current assets (liabilities): (520) 1,294
Total assets less current liabilities: (520) 1,294
Total net assets (liabilities): (520) 1,294
Members' funds
Profit and loss account: (520) 1,294
Total members' funds: ( 520) 1,294

The notes form part of these financial statements

COMMUNITY LYNCX COMMUNITY INTEREST COMPANY

Balance sheet statements

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

Name: Ms S M Poxon
Status: Director

The notes form part of these financial statements

COMMUNITY LYNCX COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 January 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. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

    Other accounting policies

    Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

COMMUNITY LYNCX COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

COMMUNITY LYNCX COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 January 2024

3. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 7 0
Other creditors 513 513
Total 520 513

COMMUNITY INTEREST ANNUAL REPORT

COMMUNITY LYNCX COMMUNITY INTEREST COMPANY

Company Number: 09977999 (England and Wales)

Year Ending: 31 January 2024

Company activities and impact

The benefits directly to the wider community was that over the course of the project we were able to work with 3 different community groups such as vulnerable people with health problems where the project taught people more about food/diet and what type of foods to eat to increase better health. Other groups were from a community centre for vulnerable young families, in this particular group we were able to hold different themed events such as community smoothie day's and cultural events which proved to be very positive to the families involved.

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
31 August 2024

And signed on behalf of the board by:
Name: Ms S M Poxon
Status: Director