for the Period Ended 31 December 2023
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 December 2023
Directors
The directors shown below have held office during the whole of the period from
1 January 2023
to
31 December 2023
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
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
2023 | 2022 | |
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£ |
£ |
Cost of sales: |
(
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(
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Gross profit(or loss): |
( |
( |
Administrative expenses: |
(
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(
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Other operating income: |
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Operating profit(or loss): |
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Interest receivable and similar income: |
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Profit(or loss) before tax: |
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Profit(or loss) for the financial year: |
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As at
Notes | 2023 | 2022 | |
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£ |
£ |
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Fixed assets | |||
Tangible assets: | 3 |
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Total fixed assets: |
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Current assets | |||
Cash at bank and in hand: |
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Total current assets: |
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Creditors: amounts falling due within one year: | 4 |
(
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(
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Net current assets (liabilities): |
( |
( |
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Total assets less current liabilities: |
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Total net assets (liabilities): |
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Members' funds | |||
Profit and loss account: |
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Total members' funds: |
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The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 December 2023
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Other accounting policies
for the Period Ended 31 December 2023
2023 | 2022 | |
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Average number of employees during the period |
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for the Period Ended 31 December 2023
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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Cost | £ | £ | £ | £ | £ | £ |
At 1 January 2023 |
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Additions |
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Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 31 December 2023 |
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Depreciation | ||||||
At 1 January 2023 |
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Charge for year |
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On disposals | ||||||
Other adjustments | ||||||
At 31 December 2023 |
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Net book value | ||||||
At 31 December 2023 |
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At 31 December 2022 |
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for the Period Ended 31 December 2023
2023 | 2022 | |
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£ | £ | |
Taxation and social security |
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Accruals and deferred income |
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Other creditors |
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Total |
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Hull & East Yorkshire Community Money Advice CIC (HEYCMA) is a money and debt advice service that operates in the Hull and East Riding of Yorkshire area. Established in 2021, we are based in North Bransholme, in Hull, but we support people from across Hull and the East Riding. Each year, we help lots of people from all walks of life escape the blight of indebtedness by providing free, unconditional, fully confidential advice and practical support. Our fully trained Debt Advisers offer advice specific to each client's needs, and they give as much time and support as required to help the client become debt-free whilst working towards financial stability. During the advice process, clients are taught budgeting and money management skills to ensure they have control over their finances, enabling them to remain debt-free in the future. Our partnership with Bodmin Road Church in Bransholme continued to flourish in 2023, we saw over £450.000 worth of debt managed and wiped through our debt service, and over £25.000 in financial gains through benefit uplifts. In 2023 we continued our financial education in schools and community groups. We provided training to 224 secondary school children across the Hull & East Riding area, and we also offered budgeting advice to 73 Drug and Alcohol rehabilitated adults with our partners Renew in North Bransholme. Overall, the demand for our services is growing, and we anticipate 2024 to be of similar trend as 2023.
Hull & East Yorkshire Community Money Advice CIC key stakeholders are residents of Hull and East Yorkshire. Other stakeholders include volunteers and key partners. We are committed to consulting with our stakeholders and, where required, acting in response to feedback. We continue to build upon the monitoring and evaluation of our services and respond to the views of our stakeholders through regular feedback meetings, surveys, questionnaires, and other partner consultation groups.
Directors Remuneration is shown in the annual accounts
No transfer of assets other than for full consideration has been made
This report was approved by the board of directors on
25 September 2024
And signed on behalf of the board by:
Name: Steve Jarvis
Status: Director