SHARED CITY CIC

Company limited by guarantee

Company Registration Number:
14102310 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 1 June 2023

End date: 31 May 2024

SHARED CITY CIC

Contents of the Financial Statements

for the Period Ended 31 May 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

SHARED CITY CIC

Balance sheet

As at 31 May 2024

Notes 2024 13 months to 31 May 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 600 0
Investments:   0 0
Total fixed assets: 600 0
Current assets
Stocks:   0 0
Debtors: 4 38,989 0
Cash at bank and in hand: 300 300
Investments:   0 0
Total current assets: 39,289 300
Creditors: amounts falling due within one year: 5 ( 39,889 ) ( 21,000 )
Net current assets (liabilities): (600) (20,700)
Total assets less current liabilities: 0 ( 20,700)
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 0 (20,700)
Members' funds
Profit and loss account: 0 ( 20,700)
Total members' funds: 0 (20,700)

The notes form part of these financial statements

SHARED CITY CIC

Balance sheet statements

For the year ending 31 May 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 3 February 2025
and signed on behalf of the board by:

Name: CAROLINE H BOURNE
Status: Director

The notes form part of these financial statements

SHARED CITY CIC

Notes to the Financial Statements

for the Period Ended 31 May 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

SHARED CITY CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees

    2024 13 months to 31 May 2023
    Average number of employees during the period 0 0

SHARED CITY CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 June 2023 0 600 600
Additions
Disposals
Revaluations
Transfers 600 600
At 31 May 2024 0 1,200 1,200
Depreciation
At 1 June 2023 600 600
Charge for year
On disposals
Other adjustments
At 31 May 2024 600 600
Net book value
At 31 May 2024 0 600 600
At 31 May 2023 0 0 0

SHARED CITY CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Debtors

2024 13 months to 31 May 2023
£ £
Trade debtors 38,989 0
Total 38,989 0

SHARED CITY CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

5. Creditors: amounts falling due within one year note

2024 13 months to 31 May 2023
£ £
Trade creditors 39,889 21,000
Total 39,889 21,000

COMMUNITY INTEREST ANNUAL REPORT

SHARED CITY CIC

Company Number: 14102310 (England and Wales)

Year Ending: 31 May 2024

Company activities and impact

In our second year of operation between 12 May 2023 and 30 May 2024 Shared City CIC has focused on the delivery of heritage and wellbeing activities to benefit the community. The activities have included: Devising and leading guided heritage and wellbeing tours Developing community heritage projects at St Andrew's Church Creating & delivering a heritage/art project in South Kilburn Screening a community film at the Kiln cinema Researching & planning a new heritage trail in Willesden Green Our activities continue to be delivered free of charge to the community. Over 200 people have participated in our projects during this period resulting improvements to social cohesion and broad physical & mental wellbeing.

Consultation with stakeholders

Participants in all activities are considered to be our stakeholders. Participants include people of all ages and backgrounds who have been involved in workshops, walks, talks and other activities. All participants are asked to complete feedback and evaluation forms at the end of an event. Through our feedback mechanisms we are regularly asked to provide more free activities, particularly for younger or older people and we strive to do this by applying regularly for additional funding to expand and grow our programmes.

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £18,878. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
3 February 2025

And signed on behalf of the board by:
Name: CAROLINE H BOURNE
Status: Director