TIB SHELF TRANSLATIONS COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
13387400 (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

TIB SHELF TRANSLATIONS COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 May 2024

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

TIB SHELF TRANSLATIONS COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 31 May 2024

2024 2023


£

£
Turnover: 4,208 495
Cost of sales: ( 4,687 )
Gross profit(or loss): (479) 495
Administrative expenses: ( 252 ) ( 379 )
Operating profit(or loss): (731) 116
Profit(or loss) before tax: (731) 116
Profit(or loss) for the financial year: (731) 116

TIB SHELF TRANSLATIONS COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 May 2024

Notes 2024 2023


£

£
Net current assets (liabilities):   479
Total assets less current liabilities: 479
Creditors: amounts falling due after more than one year: 3 ( 515 ) ( 263 )
Accruals and deferred income: ( 250 ) ( 250 )
Total net assets (liabilities): (765) (34)
Members' funds
Profit and loss account: (765) ( 34)
Total members' funds: ( 765) (34)

The notes form part of these financial statements

TIB SHELF TRANSLATIONS COMMUNITY INTEREST COMPANY

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.

This report was approved by the board of directors on 12 February 2025
and signed on behalf of the board by:

Name: THOMAS GREENSMITH
Status: Director

The notes form part of these financial statements

TIB SHELF TRANSLATIONS COMMUNITY INTEREST COMPANY

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

TIB SHELF TRANSLATIONS COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

TIB SHELF TRANSLATIONS COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Other creditors 515 263
Total 515 263

COMMUNITY INTEREST ANNUAL REPORT

TIB SHELF TRANSLATIONS COMMUNITY INTEREST COMPANY

Company Number: 13387400 (England and Wales)

Year Ending: 31 May 2024

Company activities and impact

1.The academic community of Tibetology and Himalayan Studies which is a small niche sector of Buddhist studies. Through our efforts we have helped translate 25 texts that otherwise would not have been available for non-Tibetan speakers to access. We have been congratulated by the University of Oxford for our efforts and have presented at seminars on our findings. 2.Buddhist Practitioners – Through our translations some published and some sent to Buddhist organisations in the UK and further afield we have helped deepened the understanding of what at times can be a complicated religion. It has been noted that we also act as an point of inspiration as we have focussed on many biographies of Buddhist saints which many of our readers enjoy to read the saints that they are connected to through their faith. 3.Non-Buddhists who are interested in aspects of Buddhism such as mindfulness and loving kindness. 4.Hard of sight. We are in the process of recording audibles for all the texts that we have translated to allow greater access to the wider community focussing on the hard of sight. We have also found that more people in general across the globe are listening which is positive. 5.One of our friends, a Tibetan Refugee here in the UK, has also been giving free Tibetan language lessons to anyone who is interested.

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: THOMAS GREENSMITH
Status: Director