VILLAGE COMMUNITY CIC

Company limited by guarantee

Company Registration Number:
15273062 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2024

Period of accounts

Start date: 9 November 2023

End date: 30 November 2024

VILLAGE COMMUNITY CIC

Contents of the Financial Statements

for the Period Ended 30 November 2024

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

VILLAGE COMMUNITY CIC

Profit And Loss Account

for the Period Ended 30 November 2024

13 months to 30 November 2024


£
Turnover: 9,859
Cost of sales: ( 3,361 )
Gross profit(or loss): 6,498
Distribution costs: ( 200 )
Administrative expenses: ( 6,092 )
Operating profit(or loss): 206
Profit(or loss) before tax: 206
Tax: ( 40 )
Profit(or loss) for the financial year: 166

VILLAGE COMMUNITY CIC

Balance sheet

As at 30 November 2024

Notes 13 months to 30 November 2024


£
Fixed assets
Tangible assets: 3 254
Total fixed assets: 254
Current assets
Cash at bank and in hand: 152
Total current assets: 152
Net current assets (liabilities): 152
Total assets less current liabilities: 406
Accruals and deferred income: ( 200 )
Total net assets (liabilities): 206
Members' funds
Profit and loss account: 206
Total members' funds: 206

The notes form part of these financial statements

VILLAGE COMMUNITY CIC

Balance sheet statements

For the year ending 30 November 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 8 February 2025
and signed on behalf of the board by:

Name: Fowsiya Omar SHARIF
Status: Director

The notes form part of these financial statements

VILLAGE COMMUNITY CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

VILLAGE COMMUNITY CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 2. Employees

    13 months to 30 November 2024
    Average number of employees during the period 0

VILLAGE COMMUNITY CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 254 254
Disposals
Revaluations
Transfers
At 30 November 2024 254 254
Depreciation
Charge for year 0 0
On disposals
Other adjustments
At 30 November 2024 0 0
Net book value
At 30 November 2024 254 254

VILLAGE COMMUNITY CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

4. Financial Commitments

Through its business support and cultural education initiatives, The Impact for Village Community CIC plays a key role in creating a stronger, more resilient, and united community. Its work directly contributes to economic stability, cultural enrichment, and social well-being, aligning with government priorities for local and national development.

COMMUNITY INTEREST ANNUAL REPORT

VILLAGE COMMUNITY CIC

Company Number: 15273062 (England and Wales)

Year Ending: 30 November 2024

Company activities and impact

Impact for Village Community CIC* promotes economic growth, cultural learning, and social participation. The CIC positively assists the community through supporting smaller businesses, which helps create more jobs and increases financial knowledge. Its education initiatives focus on preserving culture, engaging the youth, and providing additional lessons that enrich lives while promoting social unity. By sponsoring local events, helping at-risk populations, and advancing the mental health of the community through engaging activities, the CIC strengthens social ties and fosters a sense of belonging. Most importantly, it ensures the community’s engagement, leadership and development, which contributes toward fostering the community's prosperity and long-lasting positive impacts on united community.

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
20 January 2025

And signed on behalf of the board by:
Name: Fowsiya Omar SHARIF
Status: Director