NET GAIN COMMUNITIES CIC

Company limited by guarantee

Company Registration Number:
14558210 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 28 December 2022

End date: 31 December 2023

NET GAIN COMMUNITIES CIC

Contents of the Financial Statements

for the Period Ended 31 December 2023

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

NET GAIN COMMUNITIES CIC

Directors' report period ended 31 December 2023

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
28 December 2022 to 31 December 2023

D Pegden
S D Rust
G T Vickers
J R Vickers
S N Johnson


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
26 September 2024

And signed on behalf of the board by:
Name: G T Vickers
Status: Director

NET GAIN COMMUNITIES CIC

Profit And Loss Account

for the Period Ended 31 December 2023

2023


£
Turnover: 73
Gross profit(or loss): 73
Administrative expenses: ( 73 )
Operating profit(or loss): 0
Profit(or loss) before tax: 0
Profit(or loss) for the financial year: 0

NET GAIN COMMUNITIES CIC

Balance sheet

As at 31 December 2023

Notes 2023


£
Current assets
Cash at bank and in hand: 1,809
Total current assets: 1,809
Net current assets (liabilities): 1,809
Total assets less current liabilities: 1,809
Accruals and deferred income: ( 1,809 )
Total net assets (liabilities): 0
Members' funds
Profit and loss account: 0
Total members' funds: 0

The notes form part of these financial statements

NET GAIN COMMUNITIES CIC

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.

This report was approved by the board of directors on 26 September 2024
and signed on behalf of the board by:

Name: G T Vickers
Status: Director

The notes form part of these financial statements

NET GAIN COMMUNITIES CIC

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

NET GAIN COMMUNITIES CIC

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023
    Average number of employees during the period 0

COMMUNITY INTEREST ANNUAL REPORT

NET GAIN COMMUNITIES CIC

Company Number: 14558210 (England and Wales)

Year Ending: 31 December 2023

Company activities and impact

The company was established to offer specifically tailored activities for groups with particular needs e.g. Children's tennis, Pickleball for people with reduced mobility, wheelchair tennis, sensory tennis. In the year to 2023, grant bids were submitted and preparation was made to launch the crowdfunder and sponsorship appeals. Delivery of scheme didn't start until 2024.

Consultation with stakeholders

Stakeholders including the Lawn Tennis Association and local schools were consulted.

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
26 September 2024

And signed on behalf of the board by:
Name: G Vickers
Status: Director