THE WIDE BEAM PROJECT CIC

Company limited by guarantee

Company Registration Number:
14950355 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2024

Period of accounts

Start date: 21 June 2023

End date: 30 June 2024

THE WIDE BEAM PROJECT CIC

Contents of the Financial Statements

for the Period Ended 30 June 2024

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

THE WIDE BEAM PROJECT CIC

Profit And Loss Account

for the Period Ended 30 June 2024

2024


£
Turnover: 1,550
Gross profit(or loss): 1,550
Administrative expenses: ( 479 )
Operating profit(or loss): 1,071
Profit(or loss) before tax: 1,071
Tax: ( 203 )
Profit(or loss) for the financial year: 868

THE WIDE BEAM PROJECT CIC

Balance sheet

As at 30 June 2024

Notes 2024


£
Current assets
Cash at bank and in hand: 1,550
Total current assets: 1,550
Creditors: amounts falling due within one year: 3 ( 682 )
Net current assets (liabilities): 868
Total assets less current liabilities: 868
Total net assets (liabilities): 868
Members' funds
Profit and loss account: 868
Total members' funds: 868

The notes form part of these financial statements

THE WIDE BEAM PROJECT CIC

Balance sheet statements

For the year ending 30 June 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 12 February 2025
and signed on behalf of the board by:

Name: Davide Renna
Status: Director

The notes form part of these financial statements

THE WIDE BEAM PROJECT CIC

Notes to the Financial Statements

for the Period Ended 30 June 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

THE WIDE BEAM PROJECT CIC

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees

    2024
    Average number of employees during the period 1

THE WIDE BEAM PROJECT CIC

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Creditors: amounts falling due within one year note

2024
£
Taxation and social security 203
Accruals and deferred income 479
Total 682

COMMUNITY INTEREST ANNUAL REPORT

THE WIDE BEAM PROJECT CIC

Company Number: 14950355 (England and Wales)

Year Ending: 30 June 2024

Company activities and impact

In the past year, we have held several different away days on the wide beam canal boat, based at Harefield Marina, on the Grand Union canal. These have included 2 excursions with the charity Meta Youth Global, when we took a group of 8 young people of 16/17 out on the canal whilst they were going through leadership training to prepare them for a mission trip to Rwanda in the summer 2 free trips with a group of mostly Muslim young people living in the borough of Camden to whom we gave some cooking lessons, as well as taking them for a day out in the country. These young people have learning difficulties and suffer from mental health problems and anxiety and loved the peace and quiet of a day out on the water. A day out for 10 foster carers from the National Fostering Agency, giving them some respite from all they do. We provided them with lunch, tea and a space to meet each other and talk through their experiences and challenges. They all said how relaxing it had been An offsite day out for the charity Choices, so that they could talk through the year so far and set an agenda for future activities. They are a charity that supports women and their partners going through unplanned pregnancy, gives support around parenting, and works in prisons and through relationship courses. They are based in central London so for them it was a great opportunity to find the peace and tranquillity to strategise.

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
12 February 2025

And signed on behalf of the board by:
Name: Davide Renna
Status: Director