THURST CIC

Company Registration Number:
13970488 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 31 March 2023

End date: 31 March 2024

THURST CIC

Contents of the Financial Statements

for the Period Ended 31 March 2024

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

THURST CIC

Profit And Loss Account

for the Period Ended 31 March 2024

2024 13 months to 30 March 2023


£

£
Turnover: 97,891 98,456
Cost of sales: ( 81,387 ) ( 72,161 )
Gross profit(or loss): 16,504 26,295
Administrative expenses: ( 11,986 ) ( 20,992 )
Operating profit(or loss): 4,518 5,303
Profit(or loss) before tax: 4,518 5,303
Tax: ( 1,523 ) ( 2,433 )
Profit(or loss) for the financial year: 2,995 2,870

THURST CIC

Balance sheet

As at 31 March 2024

Notes 2024 13 months to 30 March 2023


£

£
Current assets
Stocks: 3 756 1,468
Debtors: 4 284 546
Cash at bank and in hand: 23,644 24,755
Total current assets: 24,684 26,769
Prepayments and accrued income: 60
Creditors: amounts falling due within one year: 5 ( 7,719 ) ( 16,358 )
Net current assets (liabilities): 16,965 10,471
Total assets less current liabilities: 16,965 10,471
Provision for liabilities: ( 11,000 ) ( 7,500 )
Total net assets (liabilities): 5,965 2,971
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 5,865 2,871
Total Shareholders' funds: 5,965 2,971

The notes form part of these financial statements

THURST CIC

Balance sheet statements

For the year ending 31 March 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 30 June 2024
and signed on behalf of the board by:

Name: P Wade, S Lee
Status: Director

The notes form part of these financial statements

THURST CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

THURST CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 13 months to 30 March 2023
    Average number of employees during the period 5 3

THURST CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Stocks

2024 13 months to 30 March 2023
£ £
Stocks 756 1,468
Total 756 1,468

THURST CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Debtors

2024 13 months to 30 March 2023
£ £
Trade debtors 284 546
Total 284 546

THURST CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Creditors: amounts falling due within one year note

2024 13 months to 30 March 2023
£ £
Trade creditors 576 703
Taxation and social security 3,568 2,961
Accruals and deferred income 2,807 11,738
Other creditors 768 956
Total 7,719 16,358

COMMUNITY INTEREST ANNUAL REPORT

THURST CIC

Company Number: 13970488 (England and Wales)

Year Ending: 31 March 2024

Company activities and impact

The community cafe has provided facilities for many groups to meet in a safe environment, these have especially increased a bereavement group, the bar has provided the facility for village residents to hold large wedding celebrations, christenings, live wakes, and ethnic religious celebrations . Regular free entertainment has been available for numerous gatherings

Consultation with stakeholders

There have been regular consultations with the New Green Community Centre, throughout the year. The village community are stakeholders and we have listened to their suggestions and are currently progressing the opportunity to serve them more widely We have provided play equipment for the younger children

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
30 June 2024

And signed on behalf of the board by:
Name: P Wade, S Lee
Status: Director