LINKS TO A LIFE CIC

Company limited by guarantee

Company Registration Number:
10857925 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2024

Period of accounts

Start date: 1 February 2023

End date: 31 January 2024

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Contents of the Financial Statements

for the Period Ended 31 January 2024

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

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Directors' report period ended 31 January 2024

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

Directors

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

Rachel Hoole
John Teasdale


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
11 October 2024

And signed on behalf of the board by:
Name: Rachel Hoole
Status: Director

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Profit And Loss Account

for the Period Ended 31 January 2024

2024 2023


£

£
Turnover: 0 2,148
Cost of sales: ( 104 ) ( 2,911 )
Gross profit(or loss): (104) (763)
Administrative expenses: ( 1,491 ) ( 3,366 )
Other operating income: 0 1
Operating profit(or loss): (1,595) (4,128)
Interest payable and similar charges: ( 37 ) ( 100 )
Profit(or loss) before tax: (1,632) (4,228)
Tax: 72
Profit(or loss) for the financial year: (1,632) (4,156)

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Balance sheet

As at 31 January 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 136 420
Total fixed assets: 136 420
Current assets
Debtors: 4 0 96
Cash at bank and in hand: 0 497
Total current assets: 0 593
Creditors: amounts falling due within one year: 5 ( 6,653 ) ( 5,898 )
Net current assets (liabilities): (6,653) (5,305)
Total assets less current liabilities: (6,517) ( 4,885)
Total net assets (liabilities): (6,517) (4,885)
Members' funds
Profit and loss account: (6,517) ( 4,885)
Total members' funds: ( 6,517) (4,885)

The notes form part of these financial statements

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Balance sheet statements

For the year ending 31 January 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 11 October 2024
and signed on behalf of the board by:

Name: John Teasdale
Status: Director

The notes form part of these financial statements

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Notes to the Financial Statements

for the Period Ended 31 January 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

    Turnover policy

    Turnover represents grant income and services receivable for the year. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: Office equipment - over 4 years

    Other accounting policies

    Debtors and creditors receivable/payable within one year: Debtors and creditors with no stated interest rate and receivable and payable within one year are recorded at the transaction price. Any losses from impairment are recognised in the profit and loss account in other administrative expenses. Taxation: A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted. Grant income: Grants are accounted for under the accruals model. Grants relating to revenue are recognised in income on a systematic basis over the periods in which the entity recognises the related costs for which the grant is intended to compensate. Grants relating to assets are recognised in income on a systematic basis over the expected useful life of the asset.

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Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

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Notes to the Financial Statements

for the Period Ended 31 January 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 February 2023 3,425 3,425
Additions
Disposals
Revaluations
Transfers
At 31 January 2024 3,425 3,425
Depreciation
At 1 February 2023 3,005 3,005
Charge for year 284 284
On disposals
Other adjustments
At 31 January 2024 3,289 3,289
Net book value
At 31 January 2024 136 136
At 31 January 2023 420 420

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Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Debtors

2024 2023
£ £
Other debtors 0 96
Total 0 96

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Notes to the Financial Statements

for the Period Ended 31 January 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 0 3,654
Other creditors 6,653 2,244
Total 6,653 5,898

The other creditors of £6,653 are the loans from the directors to support the company. The company is dependent on the support of the directors who have indicated their willingness to leave their loan in the company.

COMMUNITY INTEREST ANNUAL REPORT

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Company Number: 10857925 (England and Wales)

Year Ending: 31 January 2024

Company activities and impact

Recovery after Covid and finding opportunities was very difficult. Schools' confidence dropped. Links to a Life CIC stopped trading on 31 July 2023. From February 2023 to July 2023 there was no turnover, just expenses totalling £1,632. The company has been dormant from 1 August 2023.

Consultation with stakeholders

The stakeholders were all consulted about the company becoming dormant. They are Alison Harper, Suzie Murphy, Sophy Norris, Sarah White and Dan Ball.

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
8 October 2024

And signed on behalf of the board by:
Name: Rachel Hoole
Status: Director