HILLSBOROUGH TOGETHER CIC

Company limited by guarantee

Company Registration Number:
13887596 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2024

Period of accounts

Start date: 1 March 2023

End date: 28 February 2024

HILLSBOROUGH TOGETHER CIC

Contents of the Financial Statements

for the Period Ended 28 February 2024

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

HILLSBOROUGH TOGETHER CIC

Profit And Loss Account

for the Period Ended 28 February 2024

2024 13 months to 28 February 2023


£

£
Turnover: 51,032 0
Cost of sales: ( 47,009 ) 0
Gross profit(or loss): 4,023 0
Distribution costs: ( 908 ) 0
Administrative expenses: ( 3,594 ) 0
Operating profit(or loss): (479) 0
Profit(or loss) before tax: (479) 0
Profit(or loss) for the financial year: (479) 0

HILLSBOROUGH TOGETHER CIC

Balance sheet

As at 28 February 2024

Notes 2024 13 months to 28 February 2023


£

£
Current assets
Cash at bank and in hand: 48,377 0
Total current assets: 48,377 0
Creditors: amounts falling due within one year: 3 ( 479 ) 0
Net current assets (liabilities): 47,898 0
Total assets less current liabilities: 47,898 0
Total net assets (liabilities): 47,898 0
Members' funds
Profit and loss account: 47,898 0
Total members' funds: 47,898 0

The notes form part of these financial statements

HILLSBOROUGH TOGETHER CIC

Balance sheet statements

For the year ending 28 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 29 November 2024
and signed on behalf of the board by:

Name: Janine Lawson
Status: Director

The notes form part of these financial statements

HILLSBOROUGH TOGETHER CIC

Notes to the Financial Statements

for the Period Ended 28 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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

HILLSBOROUGH TOGETHER CIC

Notes to the Financial Statements

for the Period Ended 28 February 2024

  • 2. Employees

    2024 13 months to 28 February 2023
    Average number of employees during the period 2 2

HILLSBOROUGH TOGETHER CIC

Notes to the Financial Statements

for the Period Ended 28 February 2024

3. Creditors: amounts falling due within one year note

2024 13 months to 28 February 2023
£ £
Accruals and deferred income 479 0
Total 479 0

COMMUNITY INTEREST ANNUAL REPORT

HILLSBOROUGH TOGETHER CIC

Company Number: 13887596 (England and Wales)

Year Ending: 28 February 2024

Company activities and impact

The company runs a community group in the Hillsborough Area with particular emphasis on promoting small businesses and helping them to thrive following the pandemic and cost of living crisis. During the financial year businesses and the local community have benefited from the following Artwork placed on shutters of businesses increasing the aesthetics of the area and improving brand awareness for the businesses. Community events to draw people to the high street and increase engagement between the businesses and the community. Store front replacement for businesses who were unable to improve their store fronts, this has led to increased sales and increased brand awareness. Installation of street furniture such as bins and benches to improve the area, and to increase dwell time for shoppers. Installation of hanging baskets to improve the aesthetics of the area. Installation of Christmas lights for the area to increase visitor numbers. Delivery of workshops for businesses to increase business owners skills and increase their business success.

Consultation with stakeholders

The company’s stakeholders are residents of and business owners of the local area of Hillsborough. The directors of the company have businesses in the area and have worked collectively with local businesses to establish where support is needed and the funds would be best spent. We hold a business forum meeting monthly and also a meeting with the Economic Recovery Fund for Sheffield City Council to ensure they are in agreement with the funding being spent where the panel of businesses have agreed.

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
29 November 2024

And signed on behalf of the board by:
Name: Janine Lawson
Status: Director