BRANTHAM MANAGEMENT COMMUNITY INTEREST COMPANY

Company Registration Number:
05922569 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 1 January 2023

End date: 31 December 2023

BRANTHAM MANAGEMENT COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

BRANTHAM MANAGEMENT COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 December 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 197,956 218,759
Total fixed assets: 197,956 218,759
Current assets
Stocks: 4 3,209 3,250
Cash at bank and in hand: 439 235
Total current assets: 3,648 3,485
Creditors: amounts falling due within one year: 5 ( 180,075 ) ( 171,947 )
Net current assets (liabilities): (176,427) (168,462)
Total assets less current liabilities: 21,529 50,297
Creditors: amounts falling due after more than one year: 6 ( 10,024 ) ( 16,146 )
Accruals and deferred income: ( 153,310 ) ( 166,699 )
Total net assets (liabilities): (141,805) (132,548)
Capital and reserves
Called up share capital: 5 5
Profit and loss account: (141,810 ) (132,553 )
Total Shareholders' funds: ( 141,805 ) (132,548)

The notes form part of these financial statements

BRANTHAM MANAGEMENT COMMUNITY INTEREST COMPANY

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.

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 11 September 2024
and signed on behalf of the board by:

Name: D Smith
Status: Director

The notes form part of these financial statements

BRANTHAM MANAGEMENT COMMUNITY INTEREST COMPANY

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

    Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Improvements to Property - Over the term of the Lease Plant and Machinery - 25% on reducing balance Motor Vehicles - 25% on reducing balance

BRANTHAM MANAGEMENT COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 13 11

BRANTHAM MANAGEMENT COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2023 338,856 92,350 1,500 432,706
Additions
Disposals
Revaluations
Transfers
At 31 December 2023 338,856 92,350 1,500 432,706
Depreciation
At 1 January 2023 149,097 63,561 1,289 213,947
Charge for year 13,554 7,197 52 20,803
On disposals
Other adjustments
At 31 December 2023 162,651 70,758 1,341 234,750
Net book value
At 31 December 2023 176,205 21,592 159 197,956
At 31 December 2022 189,759 28,789 211 218,759

BRANTHAM MANAGEMENT COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Stocks

2023 2022
£ £
Stocks 3,209 3,250
Total 3,209 3,250

BRANTHAM MANAGEMENT COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 9,501 10,183
Trade creditors 10,319 8,240
Taxation and social security 10,087 5,343
Accruals and deferred income 2,250 2,250
Other creditors 147,918 145,931
Total 180,075 171,947

BRANTHAM MANAGEMENT COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 December 2023

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

2023 2022
£ £
Bank loans and overdrafts 10,024 16,146
Total 10,024 16,146

COMMUNITY INTEREST ANNUAL REPORT

BRANTHAM MANAGEMENT COMMUNITY INTEREST COMPANY

Company Number: 05922569 (England and Wales)

Year Ending: 31 December 2023

Company activities and impact

To provide community facilities for leisure and sport

Consultation with stakeholders

The centre management and membership The centre user groups The directors

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
11 September 2024

And signed on behalf of the board by:
Name: D Smith
Status: Director