COEXIST COMMUNITY KITCHEN CIC

Company limited by guarantee

Company Registration Number:
12076587 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 April 2023

End date: 31 March 2024

COEXIST COMMUNITY KITCHEN CIC

Contents of the Financial Statements

for the Period Ended 31 March 2024

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

COEXIST COMMUNITY KITCHEN CIC

Directors' report period ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Directors

The directors shown below have held office during the whole of the period from
1 April 2023 to 31 March 2024

Arianne Cantwell-Corn
Corianne Flynn
Warren Gemberling
Lisa Bailey


The director shown below has held office during the period of
1 April 2023 to 3 January 2024

Claudia Poligioni


The director shown below has held office during the period of
17 January 2024 to 31 March 2024

Joanna Callender-Wood


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
30 September 2024

And signed on behalf of the board by:
Name: Warren Gemberling
Status: Director

COEXIST COMMUNITY KITCHEN CIC

Profit And Loss Account

for the Period Ended 31 March 2024

2024 2023


£

£
Turnover: 252,491 191,585
Cost of sales: ( 159,650 ) ( 132,185 )
Gross profit(or loss): 92,841 59,400
Administrative expenses: ( 89,662 ) ( 56,071 )
Operating profit(or loss): 3,179 3,329
Profit(or loss) before tax: 3,179 3,329
Tax: ( 662 ) ( 691 )
Profit(or loss) for the financial year: 2,517 2,638

COEXIST COMMUNITY KITCHEN CIC

Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 36,627 42,935
Total fixed assets: 36,627 42,935
Current assets
Debtors: 4 10,433 13,567
Cash at bank and in hand: 38,862 14,533
Total current assets: 49,295 28,100
Creditors: amounts falling due within one year: 5 ( 1,309 )
Net current assets (liabilities): 47,986 28,100
Total assets less current liabilities: 84,613 71,035
Accruals and deferred income: ( 10,400 )
Total net assets (liabilities): 74,213 71,035
Members' funds
Profit and loss account: 74,213 71,035
Total members' funds: 74,213 71,035

The notes form part of these financial statements

COEXIST COMMUNITY KITCHEN CIC

Balance sheet statements

For the year ending 31 March 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.

This report was approved by the board of directors on 30 September 2024
and signed on behalf of the board by:

Name: Warren Gemberling
Status: Director

The notes form part of these financial statements

COEXIST COMMUNITY KITCHEN CIC

Notes to the Financial Statements

for the Period Ended 31 March 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

    Tangible fixed assets depreciation policy

    Leasehold assets are depreciated over the term of the lease which is 10 years. Kitchen equipment is expensed in the year of purchase as they have short lives.

    Other accounting policies

    For specific project grants we will defer any unused portion until it is utilised for its intended purpose.

COEXIST COMMUNITY KITCHEN CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 6 6

COEXIST COMMUNITY KITCHEN CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2023 62,513 62,513
Additions
Disposals
Revaluations
Transfers
At 31 March 2024 62,513 62,513
Depreciation
At 1 April 2023 19,578 19,578
Charge for year 6,308 6,308
On disposals
Other adjustments
At 31 March 2024 25,886 25,886
Net book value
At 31 March 2024 36,627 36,627
At 31 March 2023 42,935 42,935

COEXIST COMMUNITY KITCHEN CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Debtors

2024 2023
£ £
Trade debtors 10,433 13,567
Total 10,433 13,567

COEXIST COMMUNITY KITCHEN CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Creditors: amounts falling due within one year note

2024
£
Trade creditors 1,309
Total 1,309

COMMUNITY INTEREST ANNUAL REPORT

COEXIST COMMUNITY KITCHEN CIC

Company Number: 12076587 (England and Wales)

Year Ending: 31 March 2024

Company activities and impact

Our main aim is to use food as a vehicle to work with people who experience social marginalisation in our society. Our main passion is - everyone should be able to have spaces in which they can share food together, learn and teach skills and create strong connections with others. We see food as the most simple and easy way to support each other in building a stronger, healthier and more joyful society.

Consultation with stakeholders

The company’s stakeholders are the residents of Bristol who experience social marginalisation in our society. The Directors work with Bristol’s leading social outreach organisations and are constantly discussing needs with users.

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £48,533. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
30 September 2024

And signed on behalf of the board by:
Name: Warren Gemberling
Status: Director