TULGEY WOODS SANCTUARY CIC

Company limited by guarantee

Company Registration Number:
12705232 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 April 2023

End date: 31 March 2024

TULGEY WOODS SANCTUARY CIC

Contents of the Financial Statements

for the Period Ended 31 March 2024

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

TULGEY WOODS SANCTUARY CIC

Directors' report period ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Principal activities of the company

The principal activity of the company in the year under review was that of carrying on activities which benefit the community and in particular (without limitation) to increase habitat and bio diversity, improve the sustainability of local drainage provision, educate and promote environmental innovation to a wide audience and create an oasis of calm and refuge within the city of Plymouth for those in need.

Additional information

Review of business The directors present their report, together with the financial statements of the company for the period ended 31st March 2024.



Directors

The directors shown below have held office during the whole of the period from
1 April 2023 to 31 March 2024

Dr S Remmer
Mrs S Remmer
Dr BJ Pollard
Alderman R S Ball


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
30 January 2025

And signed on behalf of the board by:
Name: Dr S Remmer
Status: Director

TULGEY WOODS SANCTUARY CIC

Profit And Loss Account

for the Period Ended 31 March 2024

2024 2023


£

£
Turnover: 210 820
Cost of sales: ( 150 ) ( 930 )
Gross profit(or loss): 60 (110)
Administrative expenses: ( 15,877 ) ( 9,556 )
Other operating income: 18,616 15,475
Operating profit(or loss): 2,799 5,809
Profit(or loss) before tax: 2,799 5,809
Profit(or loss) for the financial year: 2,799 5,809

TULGEY WOODS SANCTUARY CIC

Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 5,953 7,442
Total fixed assets: 5,953 7,442
Current assets
Stocks: 4 450
Cash at bank and in hand: 721 1,700
Total current assets: 1,171 1,700
Creditors: amounts falling due within one year: 5 ( 516 ) ( 5,333 )
Net current assets (liabilities): 655 (3,633)
Total assets less current liabilities: 6,608 3,809
Total net assets (liabilities): 6,608 3,809
Members' funds
Profit and loss account: 6,608 3,809
Total members' funds: 6,608 3,809

The notes form part of these financial statements

TULGEY WOODS SANCTUARY CIC

Balance sheet statements

For the year ending 31 March 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 30 January 2025
and signed on behalf of the board by:

Name: Mrs S Remmer
Status: Director

The notes form part of these financial statements

TULGEY WOODS SANCTUARY CIC

Notes to the Financial Statements

for the Period Ended 31 March 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 represents amounts receivable in respect of community services work and is accounted for in the period of completion. Donations received from the public are shown as other income and accounted for on receipt.

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Plant and machinery etc 20 on reducing balance

    Other accounting policies

    Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Short term debtors are measured at transaction price which is usually the invoice price, less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. Short term creditors are measured at transaction price which is usually the invoice price. Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

TULGEY WOODS SANCTUARY CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 4 4

TULGEY WOODS SANCTUARY CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2023 9,630 9,630
Additions
Disposals
Revaluations
Transfers
At 31 March 2024 9,630 9,630
Depreciation
At 1 April 2023 2,188 2,188
Charge for year 1,489 1,489
On disposals
Other adjustments
At 31 March 2024 3,677 3,677
Net book value
At 31 March 2024 5,953 5,953
At 31 March 2023 7,442 7,442

TULGEY WOODS SANCTUARY CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Stocks

2024 2023
£ £
Stocks 450
Total 450

TULGEY WOODS SANCTUARY CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Other creditors 516 5,333
Total 516 5,333

COMMUNITY INTEREST ANNUAL REPORT

TULGEY WOODS SANCTUARY CIC

Company Number: 12705232 (England and Wales)

Year Ending: 31 March 2024

Company activities and impact

Tulgey Woods Sanctuary CIC has used grant funding, match funding and traded income to increase biodiversity and provide visual amenity to the community. The company has also delivered well being sessions to help tackle social loneliness and isolation. Group session and volunteering sessions have improved both the physical and mental wellbeing of individuals accessing the woods.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

At the balance sheet date, the company owed £3,557 to Dr S Remmer and Mrs S Remmer two of the company's directors.

Transfer of assets

No transfer of assets other than for full consideration

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

And signed on behalf of the board by:
Name: S Remmer
Status: Director