ANKOSE CIC

Company limited by guarantee

Company Registration Number:
14809028 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2024

Period of accounts

Start date: 17 April 2023

End date: 31 August 2024

ANKOSE CIC

Contents of the Financial Statements

for the Period Ended 31 August 2024

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

ANKOSE CIC

Directors' report period ended 31 August 2024

The directors present their report with the financial statements of the company for the period ended 31 August 2024

Principal activities of the company

Setting up supply chain agreements for social supermarkets and sourcing suppliers for product.



Directors

The directors shown below have held office during the period of
1 October 2023 to 31 August 2024

Gary Addison
Colin Mclean


The directors shown below have held office during the whole of the period from
17 April 2023 to 31 August 2024

John Farley
Colin Kiddell


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
9 December 2024

And signed on behalf of the board by:
Name: Gary Addison
Status: Director

ANKOSE CIC

Profit And Loss Account

for the Period Ended 31 August 2024

16 months to 31 August 2024


£
Turnover: 12,636
Gross profit(or loss): 12,636
Administrative expenses: ( 58,445 )
Operating profit(or loss): (45,809)
Interest payable and similar charges: ( 3,333 )
Profit(or loss) before tax: (49,142)
Profit(or loss) for the financial year: (49,142)

ANKOSE CIC

Balance sheet

As at 31 August 2024

Notes 16 months to 31 August 2024


£
Current assets
Cash at bank and in hand: 2,858
Total current assets: 2,858
Creditors: amounts falling due within one year: 3 ( 52,000 )
Net current assets (liabilities): (49,142)
Total assets less current liabilities: (49,142)
Total net assets (liabilities): (49,142)
Members' funds
Profit and loss account: (49,142)
Total members' funds: ( 49,142)

The notes form part of these financial statements

ANKOSE CIC

Balance sheet statements

For the year ending 31 August 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 9 December 2024
and signed on behalf of the board by:

Name: Gary Addison
Status: Director

The notes form part of these financial statements

ANKOSE CIC

Notes to the Financial Statements

for the Period Ended 31 August 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 fair value of the consideration received or receivable, excluding discounts, rebates, Value added tax and other sales taxes.

    Other accounting policies

    Taxation Deferred tax

ANKOSE CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees

    16 months to 31 August 2024
    Average number of employees during the period 2

ANKOSE CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Creditors: amounts falling due within one year note

16 months to 31 August 2024
£
Other creditors 52,000
Total 52,000

COMMUNITY INTEREST ANNUAL REPORT

ANKOSE CIC

Company Number: 14809028 (England and Wales)

Year Ending: 31 August 2024

Company activities and impact

The first year has been spent setting up supplier agreements and connecting the suppliers to potential customers - social supermarkets and charities who provide food to the disadvantaged. Towards the end of the year sales have begun benefitting the suppliers and consumers

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £35,000. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
9 December 2024

And signed on behalf of the board by:
Name: Gary Addison
Status: Director