MANNABILITY CIC

Company Registration Number:
11954335 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2024

Period of accounts

Start date: 1 May 2023

End date: 30 April 2024

MANNABILITY CIC

Contents of the Financial Statements

for the Period Ended 30 April 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

MANNABILITY CIC

Balance sheet

As at 30 April 2024

Notes 2024 2023


£

£
Current assets
Debtors: 3 43,039 42,842
Cash at bank and in hand: 710 573
Total current assets: 43,749 43,415
Creditors: amounts falling due within one year: 4 ( 11,019 ) ( 10,984 )
Net current assets (liabilities): 32,730 32,431
Total assets less current liabilities: 32,730 32,431
Creditors: amounts falling due after more than one year: 5 ( 30,488 ) ( 34,526 )
Total net assets (liabilities): 2,242 (2,095)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 2,142 (2,195 )
Total Shareholders' funds: 2,242 (2,095)

The notes form part of these financial statements

MANNABILITY CIC

Balance sheet statements

For the year ending 30 April 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 16 September 2024
and signed on behalf of the board by:

Name: Mrs E E Donghey
Status: Director

The notes form part of these financial statements

MANNABILITY CIC

Notes to the Financial Statements

for the Period Ended 30 April 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, excluding discounts, rebates, value added tax and other sales taxes.

    Other accounting policies

    Taxation Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. Current or deferred taxation assets and liabilities are not discounted. Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. Deferred tax Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Loans and borrowings Loans and borrowings are initially recognised at the transaction price including transactions costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. Short term debtors and creditors Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

MANNABILITY CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

MANNABILITY CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Debtors

2024 2023
£ £
Other debtors 43,039 42,842
Total 43,039 42,842

MANNABILITY CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 10,000 10,000
Taxation and social security 503
Other creditors 516 984
Total 11,019 10,984

MANNABILITY CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

5. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Bank loans and overdrafts 30,488 34,526
Total 30,488 34,526

MANNABILITY CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

6. Loans to directors

Name of director receiving advance or credit:
Description of the transaction:
The loan was interest free and repayable on demand.
£
Balance at 30 April 2023 42,842
Advances or credits made:
Advances or credits repaid: 42,842
Balance at 30 April 2024 0

COMMUNITY INTEREST ANNUAL REPORT

MANNABILITY CIC

Company Number: 11954335 (England and Wales)

Year Ending: 30 April 2024

Company activities and impact

The entity works toward supporting mental and physical health rehabilitation.

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
16 September 2024

And signed on behalf of the board by:
Name: Mrs E E Donghey
Status: Director