RESILIENCE NETWORK CIC

Company limited by guarantee

Company Registration Number:
14938098 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2024

Period of accounts

Start date: 15 June 2023

End date: 30 June 2024

RESILIENCE NETWORK CIC

Contents of the Financial Statements

for the Period Ended 30 June 2024

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

RESILIENCE NETWORK CIC

Directors' report period ended 30 June 2024

The directors present their report with the financial statements of the company for the period ended 30 June 2024

Principal activities of the company

ResNet combats climate issues by equipping communities with resources, promoting collaboration for neighbourhood resilience, establishing Resilience Hubs, and potentially installing community solar panels for cheaper energy.



Directors

The directors shown below have held office during the whole of the period from
15 June 2023 to 30 June 2024

Andrew Peter Baker
Iris Partridge
David Nicholas Saunders
Penelope Jane Evans


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
28 January 2025

And signed on behalf of the board by:
Name: Andrew Peter Baker
Status: Director

RESILIENCE NETWORK CIC

Profit And Loss Account

for the Period Ended 30 June 2024

13 months to 30 June 2024


£
Turnover: 0
Cost of sales: ( 4,595 )
Gross profit(or loss): (4,595)
Administrative expenses: ( 927 )
Other operating income: 4,000
Operating profit(or loss): (1,522)
Profit(or loss) before tax: (1,522)
Profit(or loss) for the financial year: (1,522)

RESILIENCE NETWORK CIC

Balance sheet

As at 30 June 2024

Notes 13 months to 30 June 2024


£
Current assets
Cash at bank and in hand: 289
Total current assets: 289
Creditors: amounts falling due within one year: 3 ( 1,811 )
Net current assets (liabilities): (1,522)
Total assets less current liabilities: (1,522)
Total net assets (liabilities): (1,522)
Members' funds
Profit and loss account: (1,522)
Total members' funds: ( 1,522)

The notes form part of these financial statements

RESILIENCE NETWORK 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 28 January 2025
and signed on behalf of the board by:

Name: Andrew Peter Baker
Status: Director

The notes form part of these financial statements

RESILIENCE NETWORK 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

    Other accounting policies

    The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts. Basis of preparation The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets. Presentation currency The accounts are presented in £ sterling.

RESILIENCE NETWORK CIC

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees

    13 months to 30 June 2024
    Average number of employees during the period 1

RESILIENCE NETWORK CIC

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Creditors: amounts falling due within one year note

13 months to 30 June 2024
£
Other creditors 1,811
Total 1,811

COMMUNITY INTEREST ANNUAL REPORT

RESILIENCE NETWORK CIC

Company Number: 14938098 (England and Wales)

Year Ending: 30 June 2024

Company activities and impact

The company is a network of local community centres, currently operating in Bristol. It currently has six of the significant local hubs as its members, each of which has a vote. Known as “ResNet”, it works with its members to prepare plans covering all issues of resilience, including risks of flooding, storm damage, shortages of energy, water or food, and financial problems. ResNet is also developing a “Solar Challenge” to create community-owned solar panels on rooftops, which will contribute towards renewable energy, provide resilience against the risk of energy blackouts, reduce energy costs for local people and generate income for the local community hubs.

Consultation with stakeholders

The company has met with local community centres, including schools and libraries, to encourage membership. This has so far resulted in 6 centres becoming voting members. The directors regularly meet with both local and central government politicians to educate and encourage them in resilience issues. We also meet with other local organisations involved in matters relevant to our members. ResNet held an open local event towards the end of 2024 and presented its ideas and aims to some 30 local people.

Directors' remuneration

Two of the directors receive remuneration for their work done on behalf of ResNet. In the year, this totalled £4,595.

Transfer of assets

No transfer of assets other than for full consideration

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

And signed on behalf of the board by:
Name: Andrew Peter Baker
Status: Director