COMMUNITY INFRASTRUCTURE PARTNERSHIP CIC

Company limited by guarantee

Company Registration Number:
13111473 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 April 2023

End date: 31 March 2024

COMMUNITY INFRASTRUCTURE PARTNERSHIP CIC

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

COMMUNITY INFRASTRUCTURE PARTNERSHIP CIC

Balance sheet

As at 31 March 2024

Notes 2024 14 months to 31 March 2023


£

£
Current assets
Debtors: 3 0 367
Cash at bank and in hand: 5,796 5,880
Total current assets: 5,796 6,247
Creditors: amounts falling due within one year: 4 ( 7,349 ) ( 6,400 )
Net current assets (liabilities): (1,553) (153)
Total assets less current liabilities: (1,553) ( 153)
Total net assets (liabilities): (1,553) (153)
Members' funds
Profit and loss account: (1,553) ( 153)
Total members' funds: ( 1,553) (153)

The notes form part of these financial statements

COMMUNITY INFRASTRUCTURE PARTNERSHIP 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.

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

Name: D Neat on behalf of Basingstoke Voluntary Action
Status: Director

The notes form part of these financial statements

COMMUNITY INFRASTRUCTURE PARTNERSHIP 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 Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Revenue is recognised at the later of the point of sale or the date on which the service is actually provided.

    Other accounting policies

    Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. Basic financial assets, which include debtors and cash and bank balances, are initially recognised at transaction price including transaction costs and where receivable after more than one year are carried at amortised cost using the effective interest method. Basic financial assets classified as receivable within one year are not amortised. Basic financial liabilities, including creditors, are initially recognised at transaction price including transaction costs and where payable after more than one year are carried at amortised cost using the effective interest method. Basic financial liabilities classified as payable within one year are not amortised.

COMMUNITY INFRASTRUCTURE PARTNERSHIP CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 14 months to 31 March 2023
    Average number of employees during the period 0 0

COMMUNITY INFRASTRUCTURE PARTNERSHIP CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Debtors

2024 14 months to 31 March 2023
£ £
Other debtors 0 367
Total 0 367

COMMUNITY INFRASTRUCTURE PARTNERSHIP CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Creditors: amounts falling due within one year note

2024 14 months to 31 March 2023
£ £
Other creditors 7,349 6,400
Total 7,349 6,400

COMMUNITY INTEREST ANNUAL REPORT

COMMUNITY INFRASTRUCTURE PARTNERSHIP CIC

Company Number: 13111473 (England and Wales)

Year Ending: 31 March 2024

Company activities and impact

Community Infrastructure Partnership (CIP) was registered as a Community Interest Company in January 2021. CIP CIC is a partnership of six Councils for Voluntary Services – Action Hampshire, Basingstoke Voluntary Action, Hart Voluntary Action, One Community Eastleigh, Rushmoor Voluntary Services and Unity (Southern). The principle aim of coming together is to maximise the partnership working for the benefit of the voluntary, community and social enterprise sector (VCSE) operating in Hampshire and to provide a shared vehicle for county-wide funding bids/contracts to improve infrastructure support for the sector. During 2023 CIP CIC carried out the following activity: 1) Continued engagement with Hampshire County Council and wider stakeholders for continued progression of our aim as a CIP, and work to expand partnership working and fundraising opportunities. 2) As part of the CIP we have utilised the mechanism of partnership working and voice to contribute to specific campaigns and consultations, including the Future Services Consultation. 3) We have strengthened our partnership through away days to consider our priorities, mission, vision, strategy and business plan. 4) We have developed a succession to the inactive Hants CVS Network, providing a structure to collaborate and partner as a network for CEOs/CVSs.

Consultation with stakeholders

CIP CIC stakeholders are the voluntary, community and social enterprise section in Hampshire. Consultation took place through two briefing events, Managing Risk in Your Organisation, and Returning to Good Governance in a Post-Covid World.

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
6 November 2024

And signed on behalf of the board by:
Name: T Bishop
Status: Director