COMMUNITY NETWORKS AND EDUCATION CIC

Company limited by guarantee

Company Registration Number:
14075766 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2024

Period of accounts

Start date: 1 May 2023

End date: 30 April 2024

COMMUNITY NETWORKS AND EDUCATION CIC

Contents of the Financial Statements

for the Period Ended 30 April 2024

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

COMMUNITY NETWORKS AND EDUCATION CIC

Directors' report period ended 30 April 2024

The directors present their report with the financial statements of the company for the period ended 30 April 2024

Principal activities of the company

Providing Education and Learning Support in local community and helping other CICs



Directors

The director shown below has held office during the whole of the period from
1 May 2023 to 30 April 2024

Sartaj Gill


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
17 January 2025

And signed on behalf of the board by:
Name: Sartaj Gill
Status: Director

COMMUNITY NETWORKS AND EDUCATION CIC

Profit And Loss Account

for the Period Ended 30 April 2024

2024 2023


£

£
Turnover: 4,740 0
Cost of sales: ( 2,000 ) 0
Gross profit(or loss): 2,740 0
Distribution costs: 0 0
Administrative expenses: ( 1,300 ) 0
Other operating income: 0
Operating profit(or loss): 1,440 0
Profit(or loss) before tax: 1,440 0
Tax: ( 274 )
Profit(or loss) for the financial year: 1,166 0

COMMUNITY NETWORKS AND EDUCATION CIC

Balance sheet

As at 30 April 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 1,760 0
Investments:   0
Total current assets: 1,760 0
Prepayments and accrued income: 0
Creditors: amounts falling due within one year: 3 ( 594 ) 0
Net current assets (liabilities): 1,166 0
Total assets less current liabilities: 1,166 0
Creditors: amounts falling due after more than one year:   0
Provision for liabilities: 0
Accruals and deferred income: 0
Total net assets (liabilities): 1,166 0
Members' funds
Profit and loss account: 1,166 0
Total members' funds: 1,166 0

The notes form part of these financial statements

COMMUNITY NETWORKS AND EDUCATION CIC

Balance sheet statements

For the year ending 30 April 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 17 January 2025
and signed on behalf of the board by:

Name: Sartaj Gill
Status: Director

The notes form part of these financial statements

COMMUNITY NETWORKS AND EDUCATION CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

    Turnover policy

    Turnover is measured at a fair value of consideration received or receivable, excluding discounts, rebates, VAT and other sales taxes

COMMUNITY NETWORKS AND EDUCATION CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 3 3

COMMUNITY NETWORKS AND EDUCATION CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. 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 0 0
Taxation and social security 274 0
Accruals and deferred income 0 0
Other creditors 320 0
Total 594 0

COMMUNITY INTEREST ANNUAL REPORT

COMMUNITY NETWORKS AND EDUCATION CIC

Company Number: 14075766 (England and Wales)

Year Ending: 30 April 2024

Company activities and impact

Education & Learning facilities for local community and helping other CICs deliver products

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
17 January 2025

And signed on behalf of the board by:
Name: Sartaj Gill
Status: Director