WIND&BONES COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
SC734907 (Scotland)

Unaudited statutory accounts for the year ended 30 June 2024

Period of accounts

Start date: 1 July 2023

End date: 30 June 2024

WIND&BONES COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 30 June 2024

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

WIND&BONES COMMUNITY INTEREST COMPANY

Directors' report period ended 30 June 2024

The directors present their report with the financial statements of the company for the period ended 30 June 2024

Principal activities of the company

The principal activity of the company during the year under review was Cultural Education



Directors

The directors shown below have held office during the whole of the period from
1 July 2023 to 30 June 2024

W.H. Buckingham
H. Stevens


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
13 November 2024

And signed on behalf of the board by:
Name: W.H. Buckingham
Status: Director

WIND&BONES COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 30 June 2024

2024 13 months to 30 June 2023


£

£
Turnover: 200 4,442
Cost of sales: ( 610 ) ( 4,855 )
Gross profit(or loss): (410) (413)
Administrative expenses: ( 752 ) ( 2,255 )
Other operating income: 892 1,608
Operating profit(or loss): (270) (1,060)
Profit(or loss) before tax: (270) (1,060)
Profit(or loss) for the financial year: (270) (1,060)

WIND&BONES COMMUNITY INTEREST COMPANY

Balance sheet

As at 30 June 2024

Notes 2024 13 months to 30 June 2023


£

£
Current assets
Debtors: 3 45 37
Cash at bank and in hand: 149 1,305
Total current assets: 194 1,342
Creditors: amounts falling due within one year: 4 ( 524 ) ( 1,402 )
Net current assets (liabilities): (330) (60)
Total assets less current liabilities: (330) ( 60)
Creditors: amounts falling due after more than one year: 5 ( 1,000 ) ( 1,000 )
Total net assets (liabilities): (1,330) (1,060)
Members' funds
Profit and loss account: (1,330) ( 1,060)
Total members' funds: ( 1,330) (1,060)

The notes form part of these financial statements

WIND&BONES COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 30 June 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 13 November 2024
and signed on behalf of the board by:

Name: W.H. Buckingham
Status: Director

The notes form part of these financial statements

WIND&BONES COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 June 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 is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Revenue from the sale of goods is recognised when all the following conditions are satisfied: the Company has transferred to the buyer the significant risks and rewards of ownership of the goods; the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; the amount of revenue can be measured reliably; it is probable that the economic benefits associated with the transaction will flow to the Company; and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

    Other accounting policies

    Taxation Income tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable profit for the year. Taxable profit differs from the surplus as reported in the income and expenditure account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Current or deferred tax for the year is recognised in the income and expenditure account, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively. Trade and other debtors Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts. Trade and other creditors Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

WIND&BONES COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees

    2024 13 months to 30 June 2023
    Average number of employees during the period 0 0

WIND&BONES COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Debtors

2024 13 months to 30 June 2023
£ £
Prepayments and accrued income 45 37
Total 45 37

WIND&BONES COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Creditors: amounts falling due within one year note

2024 13 months to 30 June 2023
£ £
Accruals and deferred income 524 1,402
Total 524 1,402

WIND&BONES COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 June 2024

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

2024 13 months to 30 June 2023
£ £
Other creditors 1,000 1,000
Total 1,000 1,000

COMMUNITY INTEREST ANNUAL REPORT

WIND&BONES COMMUNITY INTEREST COMPANY

Company Number: SC734907 (Scotland)

Year Ending: 30 June 2024

Company activities and impact

Wind&Bones provides education services to individuals, community groups and organisations, with a focus on creative writing and storytelling. In this year, we moved our business over the border from England to Scotland, and so we needed to set up a new company to reflect this change, due to the difference between English and Scottish regulations. Thus, although our work has been continuous with that of the now-dissolved Wind&Bones Community Interest Company (England), this has effectively been a new business. Our income in this period has come largely from working with project partners on funded projects. These include: 1. A project with the Waterford Harvest Festival (Ireland), exploring people’s individual relationships with food production and preparation, working with the public in Waterford, Ireland. We also worked on a workshop with stakeholders in the agricultural sector to produce a manifesto for food futures in Waterford. 2. We worked with a Myanmar-based education provider to provide mentoring on storytelling for teachers working in the difficult environment of post-coup Myanmar. 3. We received British Council funding for a project working with writers in the UK and South China on a project exploring literary creativity and translation. 4. We continued our work with individual mentees. All of this work is in line with our broad remit of exploring the relationships between writing, creativity and social change.

Consultation with stakeholders

Our main stakeholders are individual participants in our courses, and partner organisations with whom we have worked. These have included Education for Peace, Myanmar, GIY (Ireland) and the British Council. All of our programmes working with individuals have a robust element of feedback, so that we can continually improve the services we offer. We work closely with all partner organisations on collaboratively developing new projects, and on monitoring the results of our work. We use this monitoring process to feed back into our new projects.

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
13 November 2024

And signed on behalf of the board by:
Name: W.H. Buckingham
Status: Director