THE LOVE FOOD HUB CIC

Company limited by guarantee

Company Registration Number:
14464985 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2023

Period of accounts

Start date: 7 November 2022

End date: 30 November 2023

THE LOVE FOOD HUB CIC

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

THE LOVE FOOD HUB CIC

Profit And Loss Account

for the Period Ended 30 November 2023

13 months to 30 November 2023


£
Turnover: 19,010
Cost of sales: ( 2,240 )
Gross profit(or loss): 16,770
Administrative expenses: ( 13,788 )
Operating profit(or loss): 2,982
Profit(or loss) before tax: 2,982
Tax: ( 251 )
Profit(or loss) for the financial year: 2,731

THE LOVE FOOD HUB CIC

Balance sheet

As at 30 November 2023

Notes 13 months to 30 November 2023


£
Fixed assets
Tangible assets: 3 1,656
Total fixed assets: 1,656
Current assets
Cash at bank and in hand: 4,197
Total current assets: 4,197
Creditors: amounts falling due within one year: 4 ( 2,373 )
Net current assets (liabilities): 1,824
Total assets less current liabilities: 3,480
Accruals and deferred income: ( 750 )
Total net assets (liabilities): 2,730
Members' funds
Profit and loss account: 2,730
Total members' funds: 2,730

The notes form part of these financial statements

THE LOVE FOOD HUB CIC

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 22 May 2024
and signed on behalf of the board by:

Name: Ami Sheward
Status: Director

The notes form part of these financial statements

THE LOVE FOOD HUB CIC

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 Financial Reporting Standard 101

    Tangible fixed assets depreciation policy

    25% Reducing Balance

THE LOVE FOOD HUB CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Employees

    13 months to 30 November 2023
    Average number of employees during the period 1

THE LOVE FOOD HUB CIC

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 £ £ £ £ £ £
Additions 2,208 2,208
Disposals
Revaluations
Transfers
At 30 November 2023 2,208 2,208
Depreciation
Charge for year 552 552
On disposals
Other adjustments
At 30 November 2023 552 552
Net book value
At 30 November 2023 1,656 1,656

THE LOVE FOOD HUB CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Creditors: amounts falling due within one year note

13 months to 30 November 2023
£
Trade creditors 250
Taxation and social security 252
Other creditors 1,871
Total 2,373

COMMUNITY INTEREST ANNUAL REPORT

THE LOVE FOOD HUB CIC

Company Number: 14464985 (England and Wales)

Year Ending: 30 November 2023

Company activities and impact

The Love Food Hub has provided meals to the springbank pantry and the local community supporting those in need

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
22 May 2024

And signed on behalf of the board by:
Name: Ami Sheward
Status: Director