HOMELESS STARS HOUSING C.I.C.

Company limited by guarantee

Company Registration Number:
14548656 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 19 December 2022

End date: 31 December 2023

HOMELESS STARS HOUSING C.I.C.

Contents of the Financial Statements

for the Period Ended 31 December 2023

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

HOMELESS STARS HOUSING C.I.C.

Directors' report period ended 31 December 2023

The directors present their report with the financial statements of the company for the period ended 31 December 2023

Directors

The director shown below has held office during the whole of the period from
19 December 2022 to 31 December 2023

Sharanjit Kaur


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
4 September 2024

And signed on behalf of the board by:
Name: Sharanjit Kaur
Status: Director

HOMELESS STARS HOUSING C.I.C.

Profit And Loss Account

for the Period Ended 31 December 2023

2023


£
Turnover: 12,675
Gross profit(or loss): 12,675
Administrative expenses: ( 17,919 )
Other operating income: 5,000
Operating profit(or loss): (244)
Profit(or loss) before tax: (244)
Profit(or loss) for the financial year: (244)

HOMELESS STARS HOUSING C.I.C.

Balance sheet

As at 31 December 2023

Notes 2023


£
Current assets
Cash at bank and in hand: 14,252
Total current assets: 14,252
Creditors: amounts falling due within one year: 3 ( 1,846 )
Net current assets (liabilities): 12,406
Total assets less current liabilities: 12,406
Accruals and deferred income: ( 12,650 )
Total net assets (liabilities): (244)
Members' funds
Profit and loss account: (244)
Total members' funds: ( 244)

The notes form part of these financial statements

HOMELESS STARS HOUSING C.I.C.

Balance sheet statements

For the year ending 31 December 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 4 September 2024
and signed on behalf of the board by:

Name: Sharanjit Kaur
Status: Director

The notes form part of these financial statements

HOMELESS STARS HOUSING C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 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

    Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised: Rendering of services Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied: - the amount of revenue can be measured reliably; - it is probable that the Company will receive the consideration due under the contract; - the stage of completion of the contract at the end of the reporting period can be measured reliably; and - the costs incurred and the costs to complete the contract can be measured reliably.

    Other accounting policies

    Members liability The company is an asset lock company limited by guarantee. The liability of each member is limited to £1, being the amount that each member undertakes to contribute to the assets of the company in the event of it being wound up.

HOMELESS STARS HOUSING C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023
    Average number of employees during the period 1

HOMELESS STARS HOUSING C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Creditors: amounts falling due within one year note

2023
£
Other creditors 1,846
Total 1,846

COMMUNITY INTEREST ANNUAL REPORT

HOMELESS STARS HOUSING C.I.C.

Company Number: 14548656 (England and Wales)

Year Ending: 31 December 2023

Company activities and impact

Homeless Stars Housing, a CIC in Leeds provide a floating support service for vulnerable adults who have experienced homelessness or are street homeless. The company has benefitted the community in the following ways: - Single adults who suffer from mental health issues have received counselling support, enabling them to live more independently and experience positive changes. - Signposted homeless single adults to organisations who have accommodation readily available, causing a decrease in homelessness. - Providing food packs to individuals and families who are experiencing financial hardship. - Providing toiletries, furniture and clothing for people who have limited amount of money from benefits. - Held outreaches in the city centre and provided guidance on the range of services available, ie debt advice, accommodation, drug/alcohol clinic and support group meetings to build a positive support network.

Consultation with stakeholders

The company's stakeholders are the vulnerable adults who receive the floating support service.

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
4 September 2024

And signed on behalf of the board by:
Name: Sharanjit Kaur
Status: Director