for the Period Ended 31 October 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 October 2023
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
1 November 2022
to
31 October 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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£ |
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Turnover: |
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Cost of sales: |
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Gross profit(or loss): |
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Distribution costs: |
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Administrative expenses: |
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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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Interest payable and similar charges: |
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Profit(or loss) before tax: |
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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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Fixed assets | |||
Intangible assets: |
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Tangible assets: | 3 |
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Investments: |
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Total fixed assets: |
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Current assets | |||
Stocks: |
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Debtors: | 4 |
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Cash at bank and in hand: |
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Investments: |
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Total current assets: |
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Prepayments and accrued income: |
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Creditors: amounts falling due within one year: | 5 |
(
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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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Creditors: amounts falling due after more than one year: |
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Provision for liabilities: |
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Accruals and deferred income: |
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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 October 2023
Basis of measurement and preparation
for the Period Ended 31 October 2023
2023 | 2022 | |
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Average number of employees during the period |
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for the Period Ended 31 October 2023
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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Cost | £ | £ | £ | £ | £ | £ |
At 1 November 2022 |
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Additions |
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Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 31 October 2023 |
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Depreciation | ||||||
At 1 November 2022 |
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Charge for year |
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On disposals | ||||||
Other adjustments | ||||||
At 31 October 2023 |
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Net book value | ||||||
At 31 October 2023 |
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At 31 October 2022 |
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for the Period Ended 31 October 2023
2023 | 2022 | |
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£ | £ | |
Trade debtors |
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Total |
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for the Period Ended 31 October 2023
2023 | 2022 | |
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£ | £ | |
Taxation and social security |
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Total |
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The company runs the community centre on the local estate, with a particular emphasis on local business activities that can be run for the community. The centre opened for business in 2018 and has been growing steadily with more classes and activities being added each month. The centre was affected during the previous trading year due to COVID-19 causing closure. However, the centre remained viable after the initial lockdown and services were still offered to those groups who were eligible. During the financial year 2022-2023, the centre’s activities have benefited the community in the following ways: The centre has continued to offer classes, activities and groups the space to reach out to the community. The centre has provided work for local business’s such as cleaning and catering for parties and events. The seating area has given the local residents who are less able to travel an area to meet and socialise in comfort.
The CICs stakeholders are the residents in the estate, who are updated via regular notifications on the Facebook page that was created. Guidelines on the centre use was implemented and upheld so that users were expected to leave it as it was found so others could use it afterwards.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
31 August 2024
And signed on behalf of the board by:
Name: MarkLeech
Status: Director