EMPOWHER NORTHEAST C.I.C.

Company limited by guarantee

Company Registration Number:
13684403 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 1 November 2023

End date: 31 October 2024

EMPOWHER NORTHEAST C.I.C.

Contents of the Financial Statements

for the Period Ended 31 October 2024

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

EMPOWHER NORTHEAST C.I.C.

Profit And Loss Account

for the Period Ended 31 October 2024

2024 2023


£

£
Turnover: 85,128 19,077
Cost of sales: ( 10,055 ) ( 4,150 )
Gross profit(or loss): 75,073 14,927
Distribution costs: 0 0
Administrative expenses: ( 73,377 ) ( 22,010 )
Other operating income: 648 12,666
Operating profit(or loss): 2,344 5,583
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 2,344 5,583
Tax: ( 641 ) 0
Profit(or loss) for the financial year: 1,703 5,583

EMPOWHER NORTHEAST C.I.C.

Balance sheet

As at 31 October 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 5,055 5,777
Investments:   0 0
Total fixed assets: 5,055 5,777
Current assets
Stocks:   0 0
Debtors: 4 16,000 3,420
Cash at bank and in hand: 2,283 3,999
Investments:   0 0
Total current assets: 18,283 7,419
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 5 ( 16,052 ) ( 7,613 )
Net current assets (liabilities): 2,231 (194)
Total assets less current liabilities: 7,286 5,583
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 7,286 5,583
Members' funds
Profit and loss account: 7,286 5,583
Total members' funds: 7,286 5,583

The notes form part of these financial statements

EMPOWHER NORTHEAST C.I.C.

Balance sheet statements

For the year ending 31 October 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 28 January 2025
and signed on behalf of the board by:

Name: Louise Forrest
Status: Director

The notes form part of these financial statements

EMPOWHER NORTHEAST C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 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

    Tangible fixed assets depreciation policy

    25% Reducing balance for computer equipment

EMPOWHER NORTHEAST C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 3 2

EMPOWHER NORTHEAST C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 November 2023 0 6,500 0 721 0 7,221
Additions 0 0 0 500 0 500
Disposals 0 0 0 0 0 0
Revaluations 0 0 0 0 0 0
Transfers 0 0 0 0 0 0
At 31 October 2024 0 6,500 0 1,221 0 7,721
Depreciation
At 1 November 2023 0 1,300 0 144 0 1,444
Charge for year 0 1,040 0 182 0 1,222
On disposals 0 0 0 0 0 0
Other adjustments 0 0 0 0 0 0
At 31 October 2024 0 2,340 0 326 0 2,666
Net book value
At 31 October 2024 0 4,160 0 895 0 5,055
At 31 October 2023 0 5,200 0 577 0 5,777

EMPOWHER NORTHEAST C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 2024

4. Debtors

2024 2023
£ £
Trade debtors 12,000 3,420
Prepayments and accrued income 0 0
Other debtors 4,000 0
Total 16,000 3,420
Debtors due after more than one year: 0 0

EMPOWHER NORTHEAST C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 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 0 0
Taxation and social security 1,895 0
Accruals and deferred income 0 0
Other creditors 14,157 7,613
Total 16,052 7,613

COMMUNITY INTEREST ANNUAL REPORT

EMPOWHER NORTHEAST C.I.C.

Company Number: 13684403 (England and Wales)

Year Ending: 31 October 2024

Company activities and impact

Empowher Northeast is a community interest company that aims to empower women in the northeast through accredited and non-accredited workshops and activities that aim to promote equality, limit social exclusion, and increase job opportunities and social capital. The business aims to generate money by providing alternative provisions conducting courses and using the profit to generate further workshops or opportunities.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

Directors remuneration totaled £12,570

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
28 January 2025

And signed on behalf of the board by:
Name: Louise Forrest
Status: Director