LINCOLNSHIRE VOLUNTARY ENGAGEMENT TEAM CIC

Company limited by guarantee

Company Registration Number:
12478789 (England and Wales)

Unaudited statutory accounts for the year ended 29 February 2024

Period of accounts

Start date: 1 March 2023

End date: 29 February 2024

LINCOLNSHIRE VOLUNTARY ENGAGEMENT TEAM CIC

Contents of the Financial Statements

for the Period Ended 29 February 2024

Directors report
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

LINCOLNSHIRE VOLUNTARY ENGAGEMENT TEAM CIC

Directors' report period ended 29 February 2024

The directors present their report with the financial statements of the company for the period ended 29 February 2024

Directors

The directors shown below have held office during the whole of the period from
1 March 2023 to 29 February 2024

DG Fannin
MF Jolly
BR Rollett
VI Thomson
C Wheway


The director shown below has held office during the period of
1 March 2023 to 23 June 2023

SJ Fletcher


The director shown below has held office during the period of
24 August 2023 to 29 February 2024

EL Tatlow


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
22 November 2024

And signed on behalf of the board by:
Name: C Wheway
Status: Director

LINCOLNSHIRE VOLUNTARY ENGAGEMENT TEAM CIC

Balance sheet

As at 29 February 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 5,013 4,477
Total fixed assets: 5,013 4,477
Current assets
Debtors: 4 96,500 56,298
Cash at bank and in hand: 65,590 304,743
Total current assets: 162,090 361,041
Prepayments and accrued income: 20,834
Creditors: amounts falling due within one year: 5 ( 187,937 ) ( 365,518 )
Net current assets (liabilities): (5,013) (4,477)
Total assets less current liabilities: 0 0
Total net assets (liabilities): 0 0
Members' funds
Profit and loss account: 0 0
Total members' funds: 0 0

The notes form part of these financial statements

LINCOLNSHIRE VOLUNTARY ENGAGEMENT TEAM CIC

Balance sheet statements

For the year ending 29 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.

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 22 November 2024
and signed on behalf of the board by:

Name: C Wheway
Status: Director

The notes form part of these financial statements

LINCOLNSHIRE VOLUNTARY ENGAGEMENT TEAM CIC

Notes to the Financial Statements

for the Period Ended 29 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

LINCOLNSHIRE VOLUNTARY ENGAGEMENT TEAM CIC

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 10 7

LINCOLNSHIRE VOLUNTARY ENGAGEMENT TEAM CIC

Notes to the Financial Statements

for the Period Ended 29 February 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 March 2023 6,194 6,194
Additions 1,420 1,420
Disposals
Revaluations
Transfers
At 29 February 2024 7,614 7,614
Depreciation
At 1 March 2023 1,717 1,717
Charge for year 884 884
On disposals
Other adjustments
At 29 February 2024 2,601 2,601
Net book value
At 29 February 2024 5,013 5,013
At 28 February 2023 4,477 4,477

LINCOLNSHIRE VOLUNTARY ENGAGEMENT TEAM CIC

Notes to the Financial Statements

for the Period Ended 29 February 2024

4. Debtors

2024 2023
£ £
Trade debtors 96,500 56,298
Total 96,500 56,298

LINCOLNSHIRE VOLUNTARY ENGAGEMENT TEAM CIC

Notes to the Financial Statements

for the Period Ended 29 February 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 3,961 36,664
Accruals and deferred income 183,976 328,854
Total 187,937 365,518

COMMUNITY INTEREST ANNUAL REPORT

LINCOLNSHIRE VOLUNTARY ENGAGEMENT TEAM CIC

Company Number: 12478789 (England and Wales)

Year Ending: 29 February 2024

Company activities and impact

The company provides a collective voice across Lincolnshire for VCS bodies delivering health and care services. It supports their development and helps them to measure and communicate their impact. We provide an interface with statutory bodies which fund and oversee health and care services and support them in delivering services and preventive impacts working with the VCS sector. This involves acting as an intermediary to support their strategic roles.

Consultation with stakeholders

We run an annual conference, monthly development meetings and ad hoc member engagement events for the VCS sector. Our work helps us to ensure the sector is fully supported to play its part in underpinning the health and care of people in Lincolnshire. Key services particularly within the context of personalisation but more widely around self care and prevention have been developed and more effectively implemented through our role as an organiser and intermediary – these include social prescribing and social enterprise. We have worked with partners including Lincolnshire Voluntary Partnership, Lincolnshire Community Foundation and the School for Social Entrepreneurs.

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
22 November 2024

And signed on behalf of the board by:
Name: C Wheway
Status: Director