VERVE COMMUNITY C.I.C.

Company Registration Number:
11692863 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2023

Period of accounts

Start date: 1 December 2022

End date: 30 November 2023

VERVE COMMUNITY C.I.C.

Contents of the Financial Statements

for the Period Ended 30 November 2023

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

VERVE COMMUNITY C.I.C.

Directors' report period ended 30 November 2023

The directors present their report with the financial statements of the company for the period ended 30 November 2023

Directors

The director shown below has held office during the whole of the period from
1 December 2022 to 30 November 2023

Valerie Hogan


The director shown below has held office during the period of
21 January 2023 to 30 November 2023

Paul SANDELANDS


The director shown below has held office during the period of
21 January 2023 to 26 September 2023

Major Christopher John Hilton CHUDLEIGH


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
22 September 2024

And signed on behalf of the board by:
Name: Valerie Hogan
Status: Director

VERVE COMMUNITY C.I.C.

Profit And Loss Account

for the Period Ended 30 November 2023

2023 2022


£

£
Turnover: 2,052 2,954
Cost of sales: ( 86 ) 0
Gross profit(or loss): 1,966 2,954
Administrative expenses: ( 1,771 ) ( 6,258 )
Operating profit(or loss): 195 (3,304)
Profit(or loss) before tax: 195 (3,304)
Profit(or loss) for the financial year: 195 (3,304)

VERVE COMMUNITY C.I.C.

Balance sheet

As at 30 November 2023

Notes 2023 2022


£

£
Current assets
Debtors: 3 580 580
Cash at bank and in hand: 355 78
Total current assets: 935 658
Creditors: amounts falling due within one year: 4 ( 8,324 ) ( 8,242 )
Net current assets (liabilities): (7,389) (7,584)
Total assets less current liabilities: (7,389) ( 7,584)
Total net assets (liabilities): (7,389) (7,584)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (7,489 ) (7,684 )
Total Shareholders' funds: ( 7,389 ) (7,584)

The notes form part of these financial statements

VERVE COMMUNITY C.I.C.

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 September 2024
and signed on behalf of the board by:

Name: Valerie Hogan
Status: Director

The notes form part of these financial statements

VERVE COMMUNITY C.I.C.

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 Section 1A (Small Entities) of Financial Reporting Standard 102

VERVE COMMUNITY C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

VERVE COMMUNITY C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Debtors

2023 2022
£ £
Trade debtors 580 580
Total 580 580

VERVE COMMUNITY C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 2,295 2,295
Accruals and deferred income 2,600 2,200
Other creditors 3,429 3,747
Total 8,324 8,242

COMMUNITY INTEREST ANNUAL REPORT

VERVE COMMUNITY C.I.C.

Company Number: 11692863 (England and Wales)

Year Ending: 30 November 2023

Company activities and impact

In the financial year, Verve Community CIC has made significant contributions to the Greater Manchester community through various initiatives. By recruiting foster carers for not-for-profit organizations, Verve has supported vulnerable children and families. Additionally, through the recruitment of candidates for Forest learning among the Armed Forces and the provision of DBS checks for the not-for-profit sector, Verve has contributed to community safety and employment opportunities. A key highlight is the social impact created through knitted donations, where over 45,000 items, including baby clothes, toys, bereavement blankets, and knitted hearts, have been donated to local hospitals during the pandemic. This initiative, supported by over 250 volunteers inspired by Verve's blogs, has helped alleviate poverty and support the vulnerable.

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 September 2024

And signed on behalf of the board by:
Name: Valerie Hogan
Status: Director