UNITED VENTURES NOTTINGHAM C.I.C.

Company limited by guarantee

Company Registration Number:
07602637 (England and Wales)

Unaudited statutory accounts for the year ended 30 May 2023

Period of accounts

Start date: 31 May 2022

End date: 30 May 2023

UNITED VENTURES NOTTINGHAM C.I.C.

Contents of the Financial Statements

for the Period Ended 30 May 2023

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

UNITED VENTURES NOTTINGHAM C.I.C.

Profit And Loss Account

for the Period Ended 30 May 2023

2023 2022


£

£
Cost of sales: ( 7,990 ) ( 12,950 )
Gross profit(or loss): (7,990) (12,950)
Administrative expenses: ( 3,680 ) ( 21,838 )
Other operating income: 4,939 33,677
Operating profit(or loss): (6,731) (1,111)
Profit(or loss) before tax: (6,731) (1,111)
Profit(or loss) for the financial year: (6,731) (1,111)

UNITED VENTURES NOTTINGHAM C.I.C.

Balance sheet

As at 30 May 2023

Notes 2023 2022


£

£
Current assets
Cash at bank and in hand: 14 2,825
Total current assets: 14 2,825
Creditors: amounts falling due within one year: 3 ( 4,075 ) ( 155 )
Net current assets (liabilities): (4,061) 2,670
Total assets less current liabilities: (4,061) 2,670
Creditors: amounts falling due after more than one year: 4 ( 3,181 ) ( 3,181 )
Accruals and deferred income: ( 600 ) ( 600 )
Total net assets (liabilities): (7,842) (1,111)
Members' funds
Profit and loss account: (7,842) ( 1,111)
Total members' funds: ( 7,842) (1,111)

The notes form part of these financial statements

UNITED VENTURES NOTTINGHAM C.I.C.

Balance sheet statements

For the year ending 30 May 2023 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 19 August 2024
and signed on behalf of the board by:

Name: Shavanna Nelson
Status: Director

The notes form part of these financial statements

UNITED VENTURES NOTTINGHAM C.I.C.

Notes to the Financial Statements

for the Period Ended 30 May 2023

  • 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 comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company's activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts and after eliminating sales within the company.

    Tangible fixed assets depreciation policy

    Depreciation Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows: Depreciation method and rate 25% Straight line 25% Straight line

UNITED VENTURES NOTTINGHAM C.I.C.

Notes to the Financial Statements

for the Period Ended 30 May 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

UNITED VENTURES NOTTINGHAM C.I.C.

Notes to the Financial Statements

for the Period Ended 30 May 2023

3. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 4,075 155
Total 4,075 155

UNITED VENTURES NOTTINGHAM C.I.C.

Notes to the Financial Statements

for the Period Ended 30 May 2023

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

2023 2022
£ £
Bank loans and overdrafts 3,181 3,181
Total 3,181 3,181

COMMUNITY INTEREST ANNUAL REPORT

UNITED VENTURES NOTTINGHAM C.I.C.

Company Number: 07602637 (England and Wales)

Year Ending: 30 May 2023

Company activities and impact

United Ventures Nottingham C.I.C. has engaged in the following activities: Hosted roller skating sessions Sorted out funding and support after a flood in their premises Conducted networking with community organizations Provided interpersonal support to a small number of parents and children Brought together community groups and organizations to promote unity and change through arts and creativity These activities have benefited the local community by: Providing recreational and social opportunities through the roller skating sessions Ensuring the continuity of the organization’s services after a disruptive event like a flood Facilitating collaboration and connections between different community Stakeholders Offering targeted support and resources to vulnerable families, especially lone parents and their families Using arts and creativity as a means to foster community cohesion and positive change

Consultation with stakeholders

Conducting focus groups Engaging through WhatsApp groups Meeting with parent organizations To discuss the challenges and solutions faced by disadvantaged groups, especially lone parents and their families. The feedback from these consultations has informed the company’s activities and approach.

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
19 August 2024

And signed on behalf of the board by:
Name: Shavanna Nelson
Status: Director