CLEAN UP BRISTOL HARBOUR CIC

Company limited by guarantee

Company Registration Number:
12290010 (England and Wales)

Unaudited statutory accounts for the year ended 29 April 2024

Period of accounts

Start date: 30 April 2023

End date: 29 April 2024

CLEAN UP BRISTOL HARBOUR CIC

Contents of the Financial Statements

for the Period Ended 29 April 2024

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

CLEAN UP BRISTOL HARBOUR CIC

Directors' report period ended 29 April 2024

The directors present their report with the financial statements of the company for the period ended 29 April 2024

Principal activities of the company

The principal activity of the company during the year under review was non-hazardous waste collection.

Additional information

Cessation of activities and transfer of assets The company took the decision to cease operations during the year and inline with CIC requirements it has made a transfer of the majority of its remaining assets to the charity All-Aboard! Water Sport And Water Recreational Activity (BRISTOL). Funds held at year end were to cover any further costs up to closure of the company, anything remaining will be transferred inline with other funds.



Directors

The directors shown below have held office during the whole of the period from
30 April 2023 to 29 April 2024

C. Juyon
J. Kemble
J. Peters-Coleman


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
23 January 2025

And signed on behalf of the board by:
Name: J. Peters-Coleman
Status: Director

CLEAN UP BRISTOL HARBOUR CIC

Profit And Loss Account

for the Period Ended 29 April 2024

2024 2023


£

£
Cost of sales: ( 616 )
Gross profit(or loss): (616)
Administrative expenses: ( 268 ) ( 364 )
Other operating income: 14,626 641
Operating profit(or loss): 14,358 (339)
Profit(or loss) before tax: 14,358 (339)
Profit(or loss) for the financial year: 14,358 (339)

CLEAN UP BRISTOL HARBOUR CIC

Balance sheet

As at 29 April 2024

Notes 2024 2023


£

£
Current assets
Cash at bank and in hand: 757 20,085
Total current assets: 757 20,085
Creditors: amounts falling due within one year: 3 ( 360 ) ( 15,046 )
Net current assets (liabilities): 397 5,039
Total assets less current liabilities: 397 5,039
Total net assets (liabilities): 397 5,039
Members' funds
Profit and loss account: 397 5,039
Total members' funds: 397 5,039

The notes form part of these financial statements

CLEAN UP BRISTOL HARBOUR CIC

Balance sheet statements

For the year ending 29 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 23 January 2025
and signed on behalf of the board by:

Name: J. Peters-Coleman
Status: Director

The notes form part of these financial statements

CLEAN UP BRISTOL HARBOUR CIC

Notes to the Financial Statements

for the Period Ended 29 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 is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Revenue from the sale of goods is recognised when all the following conditions are satisfied: - the Company has transferred to the buyer the significant risks and rewards of ownership of the goods; - the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; - the amount of revenue can be measured reliably; - it is probable that the economic benefits associated with the transaction will flow to the Company; and - the costs incurred or to be incurred in respect of the transaction can be measured reliably. Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

    Other accounting policies

    Grants Grants are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.

CLEAN UP BRISTOL HARBOUR CIC

Notes to the Financial Statements

for the Period Ended 29 April 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 3 3

CLEAN UP BRISTOL HARBOUR CIC

Notes to the Financial Statements

for the Period Ended 29 April 2024

3. Creditors: amounts falling due within one year note

2024 2023
£ £
Accruals and deferred income 360 15,046
Total 360 15,046

Deferred income includes £Nil (2023: £14,626) of unspent grant funding.

COMMUNITY INTEREST ANNUAL REPORT

CLEAN UP BRISTOL HARBOUR CIC

Company Number: 12290010 (England and Wales)

Year Ending: 29 April 2024

Company activities and impact

Clean Up Bristol Harbour CIC (CUBH CIC) ran the Clean Up Bristol Harbour monthly litter picking event from its incorporation through to April 2023, apart from an interruption by Covid-19 during 2020-21. By April 2023, the Directors of the CIC had expressed a desire to step away from Clean Up Bristol Harbour and the CIC, and two volunteers (Kasia and Abigail) had agreed to take over running the litter picking events but not to take over the CIC. At this point, Directors Chloe, John and James were no longer running the litter picking activities, and agreed that the CIC needed to be consequently closed down. CUBH CIC nominated an asset-locked body during incorporation, 'All-Aboard! Water Sport and Recreational Activity (Bristol)'. Kasia and Abigail began running the litter picking volunteering events as Clean Up Bristol Harbour under the aegis of All-Aboard, and Director John transferred remaining funds and assets to All-Aboard. The grant money would be contributing to activities with the local community, which tied in with OVO Foundation’s focus on supporting project delivery in communities across Bristol, and OVO Foundation were happy for the funds to be transferred accordingly.

Consultation with stakeholders

As Kasia and Abigail had already been volunteering with CUBH CIC and helping organise our monthly litter picking events, attendees to the events were well acquainted with them and feedback has been positive both before and following their taking on responsibilities for running the events. OVO Foundation were consulted regarding whether or not the remaining unspent funds could be kept by the CIC, and consequently be transferred to our asset-locked body All-Aboard upon the closure of the CIC. OVO Foundation approved, on the basis that the money contribute to activites within the local community, tying in with the focus OVO Foundation have on supporting project delivery in communities across Bristol. A joint meeting between all the Clean Up volunteers and Dominic Betts the then Centre Manager for All-Aboard had just taken place by April 2023, during which everyone was satisfied with the plan for how the litter picking events would continue if the CIC closed and the Directors stepped away from running them. During the 2023-24 year, this relationship developed and continued as agreed with all parties satisfied with the arrangement. The Harbour Office were consulted with, and were satisfied that the arrangement between Clean Up Bristol Harbour and the Harbour Office would continue to work in an effective way despite the closure of the CIC and its Directors stepping away.

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
23 January 2025

And signed on behalf of the board by:
Name: J. Peters-Coleman
Status: Director