WATERLOO SUNRISE CIC

Company limited by guarantee

Company Registration Number:
09983764 (England and Wales)

Unaudited statutory accounts for the year ended 27 February 2024

Period of accounts

Start date: 28 February 2023

End date: 27 February 2024

WATERLOO SUNRISE CIC

Contents of the Financial Statements

for the Period Ended 27 February 2024

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

WATERLOO SUNRISE CIC

Directors' report period ended 27 February 2024

The directors present their report with the financial statements of the company for the period ended 27 February 2024

Principal activities of the company

ARTISTIC CREATION



Directors

The directors shown below have held office during the whole of the period from
28 February 2023 to 27 February 2024

MR STEVE McGRISKIN
MRS CATHERINE McGRISKIN
MR M O'BRIEN


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
24 October 2024

And signed on behalf of the board by:
Name: MR STEVE McGRISKIN
Status: Director

WATERLOO SUNRISE CIC

Profit And Loss Account

for the Period Ended 27 February 2024

2024 2023


£

£
Turnover: 19,091 31,332
Cost of sales: ( 12,471 ) ( 23,431 )
Gross profit(or loss): 6,620 7,901
Administrative expenses: ( 7,689 ) ( 6,774 )
Operating profit(or loss): (1,069) 1,127
Profit(or loss) before tax: (1,069) 1,127
Profit(or loss) for the financial year: (1,069) 1,127

WATERLOO SUNRISE CIC

Balance sheet

As at 27 February 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 452 278
Total fixed assets: 452 278
Current assets
Debtors: 4 145 728
Cash at bank and in hand: 20,261 5,971
Total current assets: 20,406 6,699
Net current assets (liabilities): 20,406 6,699
Total assets less current liabilities: 20,858 6,977
Creditors: amounts falling due after more than one year: 5 ( 28,244 ) ( 13,294 )
Total net assets (liabilities): (7,386) (6,317)
Members' funds
Profit and loss account: (7,386) ( 6,317)
Total members' funds: ( 7,386) (6,317)

The notes form part of these financial statements

WATERLOO SUNRISE CIC

Balance sheet statements

For the year ending 27 February 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 24 October 2024
and signed on behalf of the board by:

Name: MR STEVE McGRISKIN
Status: Director

The notes form part of these financial statements

WATERLOO SUNRISE CIC

Notes to the Financial Statements

for the Period Ended 27 February 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

WATERLOO SUNRISE CIC

Notes to the Financial Statements

for the Period Ended 27 February 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

WATERLOO SUNRISE CIC

Notes to the Financial Statements

for the Period Ended 27 February 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 28 February 2023 434 434
Additions 287 287
Disposals
Revaluations
Transfers
At 27 February 2024 721 721
Depreciation
At 28 February 2023 156 156
Charge for year 113 113
On disposals
Other adjustments
At 27 February 2024 269 269
Net book value
At 27 February 2024 452 452
At 27 February 2023 278 278

WATERLOO SUNRISE CIC

Notes to the Financial Statements

for the Period Ended 27 February 2024

4. Debtors

2024 2023
£ £
Trade debtors 350
Prepayments and accrued income 145 378
Total 145 728

WATERLOO SUNRISE CIC

Notes to the Financial Statements

for the Period Ended 27 February 2024

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

2024 2023
£ £
Bank loans and overdrafts 8,049 8,867
Other creditors 20,195 4,427
Total 28,244 13,294

COMMUNITY INTEREST ANNUAL REPORT

WATERLOO SUNRISE CIC

Company Number: 09983764 (England and Wales)

Year Ending: 27 February 2024

Company activities and impact

ARTISTIC CREATION

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

MR STEVE MCGRISKIN RECEIVED £ 3,406

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
24 October 2024

And signed on behalf of the board by:
Name: MR STEVE McGRISKIN
Status: Director