PRETTY AND PRELOVED OF BYFLEET CIC

Company Registration Number:
13369324 (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

PRETTY AND PRELOVED OF BYFLEET CIC

Contents of the Financial Statements

for the Period Ended 30 April 2024

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

PRETTY AND PRELOVED OF BYFLEET CIC

Profit And Loss Account

for the Period Ended 30 April 2024

2024 2023


£

£
Turnover: 56,505 52,845
Cost of sales: 0 ( 793 )
Gross profit(or loss): 56,505 52,052
Distribution costs: ( 27,651 ) ( 25,400 )
Administrative expenses: ( 27,147 ) ( 25,329 )
Operating profit(or loss): 1,707 1,323
Profit(or loss) before tax: 1,707 1,323
Profit(or loss) for the financial year: 1,707 1,323

PRETTY AND PRELOVED OF BYFLEET CIC

Balance sheet

As at 30 April 2024

Notes 2024 2023


£

£
Prepayments and accrued income: 10,342 9,203
Creditors: amounts falling due within one year: 3 ( 1,367 ) ( 938 )
Net current assets (liabilities): 8,975 8,265
Total assets less current liabilities: 8,975 8,265
Creditors: amounts falling due after more than one year: 4 ( 10,657 ) ( 11,654 )
Total net assets (liabilities): (1,682) (3,389)
Capital and reserves
Called up share capital: 2 2
Profit and loss account: (1,684 ) (3,391 )
Total Shareholders' funds: ( 1,682 ) (3,389)

The notes form part of these financial statements

PRETTY AND PRELOVED OF BYFLEET 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 9 January 2025
and signed on behalf of the board by:

Name: Penny Hackney
Status: Director

The notes form part of these financial statements

PRETTY AND PRELOVED OF BYFLEET 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 Section 1A (Small Entities) of Financial Reporting Standard 102

PRETTY AND PRELOVED OF BYFLEET CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 2 2

PRETTY AND PRELOVED OF BYFLEET 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
Trade creditors 1,367 938
Total 1,367 938

PRETTY AND PRELOVED OF BYFLEET CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Other creditors 10,657 11,654
Total 10,657 11,654

COMMUNITY INTEREST ANNUAL REPORT

PRETTY AND PRELOVED OF BYFLEET CIC

Company Number: 13369324 (England and Wales)

Year Ending: 30 April 2024

Company activities and impact

it’s activities have benefited the community in the following ways; The local community have been able to purchase good quality clothing at a much-reduced rate The local community have been able to donate their unwanted clothing and goods rather than sending such items to landfill, encouraging recycling. Local counsellors and their local clients have been able to hire the rooms above the shop for private counselling, reducing driving emissions because alternative, suitable venues for such counselling are not available within a 5 mile (Minimum) radius. The shop has employed 2 local residents on a full time or part time basis, and is supporting a further 5 volunteers with practical work skills whilst providing work experience. Any profits made from these activities will be donated to a local charity, The Matthew Hackney Foundation, which supports children and young people with their mental wellbeing, through counselling.

Consultation with stakeholders

The company’s stakeholders are the local residents and users of the shop, both for making donations (avoiding landfill and encouraging recycling) and for purchasing lower priced good quality used goods. The counsellors and their clients are also our stakeholders, all of whom also live and/or work locally. We have built up a social media following of over 1000 members, all of whom are encouraged to give feedback on our shop, its stock and service. The customers who do peruse our shop are also encouraged in a similar way. We are located in a village of approx. 7500 residents and have approx. 50 ‘regular’ customers and also offer a ‘reservation service’ through our live video blogs and a postal service through our ecommerce platforms. We have also consulted with 15 local counsellors who have helped shape our consulting rooms. Feedback from both them and their clients is always welcomed and listened to. We encourage those who are working and volunteering within the shop to pick up ideas on how better to serve our service users and have an open communication line for all of them to feed back any improvements they may have.

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
9 January 2025

And signed on behalf of the board by:
Name: Penny Hackney
Status: Director