TRUE NORTH TRADES COMMUNITY INTEREST COMPANY

Company Registration Number:
11796312 (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

TRUE NORTH TRADES COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 January 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

TRUE NORTH TRADES COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 January 2024

Notes 2024 2023


£

£
Called up share capital not paid: 1 1
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 6,879 7,801
Investments:   0 0
Total fixed assets: 6,879 7,801
Current assets
Stocks:   0 0
Debtors: 4 0 3,352
Cash at bank and in hand: 40 765
Investments:   0 0
Total current assets: 40 4,117
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 5 ( 420 ) ( 2,914 )
Net current assets (liabilities): (380) 1,203
Total assets less current liabilities: 6,500 9,005
Creditors: amounts falling due after more than one year: 6 ( 420 ) ( 2,914 )
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 6,080 6,091
Capital and reserves
Called up share capital: 6,080 6,091
Share premium account: 0 0
Other reserves: 0 0
Profit and loss account: 0 0
Total Shareholders' funds: 6,080 6,091

The notes form part of these financial statements

TRUE NORTH TRADES COMMUNITY INTEREST COMPANY

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.

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 17 October 2024
and signed on behalf of the board by:

Name: Darren Witty
Status: Director

The notes form part of these financial statements

TRUE NORTH TRADES COMMUNITY INTEREST COMPANY

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

TRUE NORTH TRADES COMMUNITY INTEREST COMPANY

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

TRUE NORTH TRADES COMMUNITY INTEREST COMPANY

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 0 7,094 1,938 0 1,500 10,532
Additions 0 0 0 0 0 0
Disposals 0 0 0 0 0 0
Revaluations 0 0 0 0 0 0
Transfers 0 0 0 0 0 0
At 31 January 2024 0 7,094 1,938 0 1,500 10,532
Depreciation
At 1 February 2023 0 1,348 651 0 732 2,731
Charge for year 0 575 193 0 154 922
On disposals 0 0 0 0 0 0
Other adjustments 0 0 0 0 0 0
At 31 January 2024 0 1,923 844 0 886 3,653
Net book value
At 31 January 2024 0 5,171 1,094 0 614 6,879
At 31 January 2023 0 5,746 1,287 0 768 7,801

TRUE NORTH TRADES COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Debtors

2024 2023
£ £
Other debtors 0 3,352
Total 0 3,352

TRUE NORTH TRADES COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 January 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Accruals and deferred income 360 480
Other creditors 60 2,434
Total 420 2,914

TRUE NORTH TRADES COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 January 2024

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

2024 2023
£ £
Other creditors 420 2,914
Total 420 2,914

COMMUNITY INTEREST ANNUAL REPORT

TRUE NORTH TRADES COMMUNITY INTEREST COMPANY

Company Number: 11796312 (England and Wales)

Year Ending: 31 January 2024

Company activities and impact

The company was on hold for the year stated due to personal reasons. The company has now been changed to True North Trades CIC and is currently looking for funding for a premises where we are going to set up a variety of different heritage courses for the local community to benefit from.

Consultation with stakeholders

No consultation with stakeholders

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
17 October 2024

And signed on behalf of the board by:
Name: Darren Witty
Status: Director