KITCHEN SOCIAL & COOKERY CLUB CIC

Company limited by guarantee

Company Registration Number:
12469905 (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

KITCHEN SOCIAL & COOKERY CLUB CIC

Contents of the Financial Statements

for the Period Ended 29 February 2024

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

KITCHEN SOCIAL & COOKERY CLUB CIC

Profit And Loss Account

for the Period Ended 29 February 2024

2024 2023


£

£
Turnover: 18,820 61,831
Cost of sales: ( 43,943 ) ( 43,918 )
Gross profit(or loss): (25,123) 17,913
Distribution costs: ( 1,492 ) ( 3,119 )
Administrative expenses: ( 25,041 ) ( 21,805 )
Other operating income: 45,764 7,600
Operating profit(or loss): (5,892) 589
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: (5,892) 589
Tax: 0 ( 219 )
Profit(or loss) for the financial year: (5,892) 370

KITCHEN SOCIAL & COOKERY CLUB CIC

Balance sheet

As at 29 February 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 2,262 3,016
Investments:   0 0
Total fixed assets: 2,262 3,016
Current assets
Stocks:   0 0
Debtors: 4 0 400
Cash at bank and in hand: 331 4,283
Investments:   0 0
Total current assets: 331 4,683
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 5 ( 10,956 ) ( 10,170 )
Net current assets (liabilities): (10,625) (5,487)
Total assets less current liabilities: (8,363) ( 2,471)
Total net assets (liabilities): (8,363) (2,471)
Members' funds
Profit and loss account: (8,363) ( 2,471)
Total members' funds: ( 8,363) (2,471)

The notes form part of these financial statements

KITCHEN SOCIAL & COOKERY CLUB 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.

This report was approved by the board of directors on 25 November 2024
and signed on behalf of the board by:

Name: Lucy Gray
Status: Director

The notes form part of these financial statements

KITCHEN SOCIAL & COOKERY CLUB 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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates ,value added taxes and other sales taxes.

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Plant and machinery etc - 25% on reducing balance

    Other accounting policies

    Deferred tax Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Hire purchase and leasing commitments Rentals paid under operating leases are charged to surplus or deficit on a straight line basis over the period of the lease.

KITCHEN SOCIAL & COOKERY CLUB CIC

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

KITCHEN SOCIAL & COOKERY CLUB 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 7,150 7,150
Additions 0 0
Disposals 0 0
Revaluations 0 0
Transfers 0 0
At 29 February 2024 7,150 7,150
Depreciation
At 1 March 2023 4,134 4,134
Charge for year 754 754
On disposals 0 0
Other adjustments 0 0
At 29 February 2024 4,888 4,888
Net book value
At 29 February 2024 2,262 2,262
At 28 February 2023 3,016 3,016

KITCHEN SOCIAL & COOKERY CLUB CIC

Notes to the Financial Statements

for the Period Ended 29 February 2024

4. Debtors

2024 2023
£ £
Trade debtors 0 0
Prepayments and accrued income 0 0
Other debtors 0 400
Total 0 400
Debtors due after more than one year: 0 0

KITCHEN SOCIAL & COOKERY CLUB CIC

Notes to the Financial Statements

for the Period Ended 29 February 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 776 630
Taxation and social security 19 219
Accruals and deferred income 0 0
Other creditors 10,161 9,321
Total 10,956 10,170

COMMUNITY INTEREST ANNUAL REPORT

KITCHEN SOCIAL & COOKERY CLUB CIC

Company Number: 12469905 (England and Wales)

Year Ending: 29 February 2024

Company activities and impact

The company provide food education which benefit the community and in particular to the residents of Kent affected by food poverty, mental ill-health and isolation. We also support individuals, companies, organisations who support and assist the improvement of the well-being of these affected residents.

Consultation with stakeholders

No consultation with stakeholders

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
25 November 2024

And signed on behalf of the board by:
Name: Lucy Gray
Status: Director