CHATS IN THE COMMUNITY CIC

Company limited by guarantee

Company Registration Number:
13663019 (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

CHATS IN THE COMMUNITY CIC

Contents of the Financial Statements

for the Period Ended 31 October 2024

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

CHATS IN THE COMMUNITY CIC

Directors' report period ended 31 October 2024

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

Principal activities of the company

community sports club



Directors

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

Gary Hake
Kevin Hake
Daniel Dodge


The director shown below has held office during the period of
1 November 2023 to 11 November 2023

Gary Thayre


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
7 February 2025

And signed on behalf of the board by:
Name: Gary Hake
Status: Director

CHATS IN THE COMMUNITY CIC

Profit And Loss Account

for the Period Ended 31 October 2024

2024 2023


£

£
Turnover: 0 11,480
Cost of sales: 0 ( 9,667 )
Gross profit(or loss): 0 1,813
Administrative expenses: ( 749 ) ( 2,240 )
Operating profit(or loss): (749) (427)
Interest payable and similar charges: ( 27 ) 0
Profit(or loss) before tax: (776) (427)
Profit(or loss) for the financial year: (776) (427)

CHATS IN THE COMMUNITY CIC

Balance sheet

As at 31 October 2024

Notes 2024 2023


£

£
Current assets
Cash at bank and in hand: 239 1,989
Total current assets: 239 1,989
Creditors: amounts falling due within one year: 3 ( 490 ) ( 1,464 )
Net current assets (liabilities): (251) 525
Total assets less current liabilities: (251) 525
Total net assets (liabilities): (251) 525
Members' funds
Profit and loss account: (251) 525
Total members' funds: ( 251) 525

The notes form part of these financial statements

CHATS IN THE COMMUNITY CIC

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 7 February 2025
and signed on behalf of the board by:

Name: Gary Hake
Status: Director

The notes form part of these financial statements

CHATS IN THE COMMUNITY CIC

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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

    Other accounting policies

    Basis of Preparation of Financial Statements The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006 Sale of goods Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods. Rendering of services Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

CHATS IN THE COMMUNITY CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 1

CHATS IN THE COMMUNITY CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

3. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 0 1
Taxation and social security 250 223
Other creditors 240 1,240
Total 490 1,464

COMMUNITY INTEREST ANNUAL REPORT

CHATS IN THE COMMUNITY CIC

Company Number: 13663019 (England and Wales)

Year Ending: 31 October 2024

Company activities and impact

Chats in the community has delivered community projects which allows young leaders the opportunity to connect with local residents through sport.

Consultation with stakeholders

No consultation with stakeholders

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
7 February 2025

And signed on behalf of the board by:
Name: Gary Hake
Status: Director