ELMBRIDGE COMMUNITY ECO HUB CIC

Company limited by guarantee

Company Registration Number:
12490515 (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

ELMBRIDGE COMMUNITY ECO HUB CIC

Contents of the Financial Statements

for the Period Ended 29 February 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

ELMBRIDGE COMMUNITY ECO HUB CIC

Balance sheet

As at 29 February 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 12,121 6,406
Total fixed assets: 12,121 6,406
Current assets
Cash at bank and in hand: 11,289 13,205
Total current assets: 11,289 13,205
Creditors: amounts falling due within one year: 4 ( 11,237 ) ( 11,833 )
Net current assets (liabilities): 52 1,372
Total assets less current liabilities: 12,173 7,778
Provision for liabilities: ( 27 )
Total net assets (liabilities): 12,173 7,751
Members' funds
Profit and loss account: 12,173 7,751
Total members' funds: 12,173 7,751

The notes form part of these financial statements

ELMBRIDGE COMMUNITY ECO HUB 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 29 November 2024
and signed on behalf of the board by:

Name: MICHAEL KEVIN TUMILTY
Status: Director

The notes form part of these financial statements

ELMBRIDGE COMMUNITY ECO HUB 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

    Tangible fixed assets depreciation policy

    Fixed assets are depreciated based on a percentage of useful life and full months within the financial year.

ELMBRIDGE COMMUNITY ECO HUB CIC

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 0

ELMBRIDGE COMMUNITY ECO HUB 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 7,503 7,503
Additions 7,897 7,897
Disposals
Revaluations
Transfers
At 29 February 2024 15,400 15,400
Depreciation
At 1 March 2023 1,097 1,097
Charge for year 2,182 2,182
On disposals
Other adjustments
At 29 February 2024 3,279 3,279
Net book value
At 29 February 2024 12,121 12,121
At 28 February 2023 6,406 6,406

ELMBRIDGE COMMUNITY ECO HUB CIC

Notes to the Financial Statements

for the Period Ended 29 February 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Accruals and deferred income 11,237 11,833
Total 11,237 11,833

COMMUNITY INTEREST ANNUAL REPORT

ELMBRIDGE COMMUNITY ECO HUB CIC

Company Number: 12490515 (England and Wales)

Year Ending: 29 February 2024

Company activities and impact

Elmbridge Community Eco Hub is committed to responsible, ethical and sustainable practices. We consider the impact we have on our team, our volunteers, our customers and the local community as well as the world’s resources. We aim to maximise our long-term positive contribution to society and its resources, whilst minimising any adverse impacts our actions may have. We believe our goals and approach align to many of the United Nations sustainable development goals (UN SDGs), including those on poverty, hunger, health and wellbeing, education, affordable and clean energy, sustainable cities and communities, responsible consumption and production as well as climate action. In this way we seek to be actively supporting both the UK and the world in making a better future. Our core activities are (financial year to 29 February 2024): 1) Community Fridge with impact of 31,924Kgs impact furing the year, 2) Library of Things, with 281 loans, 3) Plastic Free Refill (1,095 litres of household refill and personal hygiene products), 4) Book share - 1,029 books shared, 5) Board games and jigsaw swaps - 770 swaps, 6) Small item recycling - 87 Kgs of soft plastics, 7) Litter picking - 1,347 kgs, 8) Bicycle repairs - 16, 9) Skill share - 5 events, 10) Sew and Share - 20 sessions, 11) Rain water - 32,000 litres collected, 12) Solar energy production - 198 Kilowatts, 13) Volunteering hours - 6,273, 14) Winter Warmers - 289 items, 15) DoE participants - 23, 16) External events/groups hosted - 15, 17) Community garden - 4 awards gained. Social: We provide a safe and healthy environment for our team and the volunteers to work in and provide support and systems to promote well-being and healthy minds for volunteers and the general public alike. Additional direct and indirect benefits include reducing social isolation, improving mental health and physical wellbeing, improving self esteem, community cohesion and self worth. The Social, financial and environmental impact the Community Eco Hub provides in almost incalculable. The Hub has become a vital resource for the community, and indeed is a mentor to other organisations wishing to provide some of the initiatives we do for other communities.

Consultation with stakeholders

This is an ongoing process involving verbal and written feedback from users of the Hub, volunteers, and sponsors. The Hub formalised feedback processes by holding meetings with our members. We have carried out online surveys to see the feedback from the general public.

Directors' remuneration

One of the directors of the Hub (signing this document) has received a monthly payroll which is month by month subject to a minimum amount of unrestricted funds. The total amount from July 2023 to February 2024 is £6,333.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
29 November 2024

And signed on behalf of the board by:
Name: MICHAEL KEVIN TUMILTY
Status: Director