WADEBRIDGE CREATIVE CULTURAL COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
08550268 (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

WADEBRIDGE CREATIVE CULTURAL COMMUNITY INTEREST COMPANY

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

WADEBRIDGE CREATIVE CULTURAL COMMUNITY INTEREST COMPANY

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

Principal activity of the company during the financial year was of community creative projects.



Directors

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

Adrian Jones
Kevin Smith
Mark Sutton
Antony Waller
Jennifer Muller
Christina Cross


The director shown below has held office during the period of
1 May 2023 to 10 July 2023

Laura Martin


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
28 January 2025

And signed on behalf of the board by:
Name: Kevin Smith
Status: Director

WADEBRIDGE CREATIVE CULTURAL COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 30 April 2024

2024 2023


£

£
Turnover: 0 1,665
Cost of sales: 0 ( 14,015 )
Gross profit(or loss): 0 (12,350)
Distribution costs: 0 ( 90 )
Administrative expenses: ( 418 ) ( 2,436 )
Other operating income: 0 11,778
Operating profit(or loss): (418) (3,098)
Interest receivable and similar income: 0
Profit(or loss) before tax: (418) (3,098)
Profit(or loss) for the financial year: (418) (3,098)

WADEBRIDGE CREATIVE CULTURAL COMMUNITY INTEREST COMPANY

Balance sheet

As at 30 April 2024

Notes 2024 2023


£

£
Current assets
Debtors: 3 12 1,012
Cash at bank and in hand: 2,953 1,563
Total current assets: 2,965 2,575
Creditors: amounts falling due within one year: 4 ( 2,562 ) ( 1,753 )
Net current assets (liabilities): 403 822
Total assets less current liabilities: 403 822
Total net assets (liabilities): 403 822
Members' funds
Profit and loss account: 403 822
Total members' funds: 403 822

The notes form part of these financial statements

WADEBRIDGE CREATIVE CULTURAL COMMUNITY INTEREST COMPANY

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 28 January 2025
and signed on behalf of the board by:

Name: Kevin Smith
Status: Director

The notes form part of these financial statements

WADEBRIDGE CREATIVE CULTURAL COMMUNITY INTEREST COMPANY

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

    Turnover policy

    Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

    Other accounting policies

    Government Grants Government grants received are credited to deferred income. Grants towards capital expenditure are released to the income statement over the expected useful life of the assets. Grants received towards revenue expenditure are released to the income statement as the related expenditure is incurred. Website cost Planning and operating costs for the company's website are charged to the income statement as incurred.

WADEBRIDGE CREATIVE CULTURAL COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

WADEBRIDGE CREATIVE CULTURAL COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Debtors

2024 2023
£ £
Prepayments and accrued income 12 12
Other debtors 1,000
Total 12 1,012

WADEBRIDGE CREATIVE CULTURAL COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Accruals and deferred income 1,565 1,753
Other creditors 997
Total 2,562 1,753

COMMUNITY INTEREST ANNUAL REPORT

WADEBRIDGE CREATIVE CULTURAL COMMUNITY INTEREST COMPANY

Company Number: 08550268 (England and Wales)

Year Ending: 30 April 2024

Company activities and impact

The company’s principal activity has previously been raising funds for, planning and delivering BikeLights, a community illuminated bicycle parade through the town of Wadebridge. Unfortunately in this financial year we could not raise sufficient funds to hold the event and the directors are now considering the long term future of the company.

Consultation with stakeholders

We have been consulting with our usual partners but this year to no avail. i.e. Wadebridge Town Council and a range of local stakeholders including local businesses and funding agencies including St Breock Wind Turbine Community Fund, COOP Community Fund, Tesco Community Fund, Cornwall Council and others.

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
28 January 2025

And signed on behalf of the board by:
Name: Kevin Smith
Status: Director