DEPHER COMMUNITY PLUMBING & HEATING CIC

Company limited by guarantee

Company Registration Number:
11335052 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 1 May 2023

End date: 31 October 2024

DEPHER COMMUNITY PLUMBING & HEATING CIC

Contents of the Financial Statements

for the Period Ended 31 October 2024

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

DEPHER COMMUNITY PLUMBING & HEATING CIC

Directors' report period ended 31 October 2024

The directors present their report with the financial statements of the company for the period ended 31 October 2024

Additional information

CESSATION OF TRADING In July 2024, the operations of the company ceased and its assets comprising investment property, tangible fixed assets and cash, were transferred to Community Elderly and Disabled Support CIC (also known by the acronym CEADS). Approval of the transfer of assets from this asset locked company to CEADS was requested and given by the CIC Regulator.



Directors

The director shown below has held office during the period of
1 May 2023 to 17 June 2024

J W Anderson


The director shown below has held office during the period of
2 January 2024 to 31 October 2024

J W Brown


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
3 March 2025

And signed on behalf of the board by:
Name: J W Brown
Status: Director

DEPHER COMMUNITY PLUMBING & HEATING CIC

Profit And Loss Account

for the Period Ended 31 October 2024

18 months to 31 October 2024 2023


£

£
Turnover: 172,694 139,536
Cost of sales: ( 151,947 ) ( 140,904 )
Gross profit(or loss): 20,747 (1,368)
Distribution costs: 0 0
Administrative expenses: ( 1,440,879 ) ( 709,855 )
Other operating income: 551,225 1,257,361
Operating profit(or loss): (868,907) 546,138
Interest payable and similar charges: ( 253 ) ( 12 )
Profit(or loss) before tax: (869,160) 546,126
Tax: 69,607 ( 100,248 )
Profit(or loss) for the financial year: (799,553) 445,878

DEPHER COMMUNITY PLUMBING & HEATING CIC

Balance sheet

As at 31 October 2024

Notes 18 months to 31 October 2024 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 0 164,769
Investments: 4 0 73,125
Total fixed assets: 0 237,894
Current assets
Stocks:   0 0
Debtors: 5 0 89,659
Cash at bank and in hand: 0 643,037
Investments:   0 0
Total current assets: 0 732,696
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 6 0 ( 142,783 )
Net current assets (liabilities): 0 589,913
Total assets less current liabilities: 0 827,807
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 ( 28,254 )
Accruals and deferred income: 0 0
Total net assets (liabilities): 0 799,553
Members' funds
Profit and loss account: 0 799,553
Total members' funds: 0 799,553

The notes form part of these financial statements

DEPHER COMMUNITY PLUMBING & HEATING CIC

Balance sheet statements

For the year ending 31 October 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 3 March 2025
and signed on behalf of the board by:

Name: J W Brown
Status: Director

The notes form part of these financial statements

DEPHER COMMUNITY PLUMBING & HEATING CIC

Notes to the Financial Statements

for the Period Ended 31 October 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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Fixtures and fittings - 15% on reducing balance Motor vehicles - 25% on reducing balance Computer equipment - 33% on cost

    Valuation information and policy

    Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

DEPHER COMMUNITY PLUMBING & HEATING CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees

    18 months to 31 October 2024 2023
    Average number of employees during the period 17 13

DEPHER COMMUNITY PLUMBING & HEATING CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 May 2023 5,711 4,398 187,486 197,595
Additions 486 2,339 63,697 66,522
Disposals ( 6,197 ) ( 6,737 ) ( 251,183 ) ( 264,117 )
Revaluations
Transfers
At 31 October 2024 0 0 0 0
Depreciation
At 1 May 2023 1,345 2,755 28,726 32,826
Charge for year 1,037 2,445 44,650 48,132
On disposals ( 2,382 ) ( 5,200 ) ( 73,376 ) ( 80,958 )
Other adjustments
At 31 October 2024 0 0 0 0
Net book value
At 31 October 2024 0 0 0 0
At 30 April 2023 4,366 1,643 158,760 164,769

DEPHER COMMUNITY PLUMBING & HEATING CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

4. Fixed assets investments note

Investment property was disposed in this final period.

DEPHER COMMUNITY PLUMBING & HEATING CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

5. Debtors

18 months to 31 October 2024 2023
£ £
Trade debtors 0 8,972
Other debtors 0 80,687
Total 0 89,659

DEPHER COMMUNITY PLUMBING & HEATING CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

6. Creditors: amounts falling due within one year note

18 months to 31 October 2024 2023
£ £
Trade creditors 0 14,527
Taxation and social security 0 86,869
Other creditors 0 41,387
Total 0 142,783

COMMUNITY INTEREST ANNUAL REPORT

DEPHER COMMUNITY PLUMBING & HEATING CIC

Company Number: 11335052 (England and Wales)

Year Ending: 31 October 2024

Company activities and impact

During this extended period to cessation, we have delivered free plumbing and heating repairs, free boilers, gas and electricity top ups and food shopping free for low income and single parent families, elderly and disabled members and done free works for government departments (Police, Social Services). In July 2024, the operations of the company ceased and its assets comprising investment property, tangible fixed assets and cash, were transferred to Community Elderly and Disabled Support CIC (also known by the acronym CEADS). Approval of the transfer of assets from this asset locked company to CEADS was requested and given by the CIC Regulator. The amount above is the value of the assets transferred.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

Directors' remuneration during the 18 month period was £26,754.

Transfer of assets

See company activities narrative above.

This report was approved by the board of directors on
3 March 2025

And signed on behalf of the board by:
Name: JOHN BROWN
Status: Director