FULWELL COMMUNITY LIBRARY COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
10773391 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2024

Period of accounts

Start date: 1 July 2023

End date: 30 June 2024

FULWELL COMMUNITY LIBRARY COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 30 June 2024

Directors report
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

FULWELL COMMUNITY LIBRARY COMMUNITY INTEREST COMPANY

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

The principal activity of the company continued to be providing library services and a community cafe.



Directors

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

Richard Anthony Beck
Edmund Foster
Christopher Harding


Secretary Elizabeth Anne Matters

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 September 2024

And signed on behalf of the board by:
Name: Richard Anthony Beck
Status: Director

FULWELL COMMUNITY LIBRARY COMMUNITY INTEREST COMPANY

Balance sheet

As at 30 June 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 13,697 9,458
Total fixed assets: 13,697 9,458
Current assets
Debtors: 4 57
Cash at bank and in hand: 14,321 26,417
Total current assets: 14,321 26,474
Creditors: amounts falling due within one year: 5 ( 1,191 ) ( 505 )
Net current assets (liabilities): 13,130 25,969
Total assets less current liabilities: 26,827 35,427
Accruals and deferred income: ( 9,780 ) ( 25,064 )
Total net assets (liabilities): 17,047 10,363
Members' funds
Profit and loss account: 17,047 10,363
Total members' funds: 17,047 10,363

The notes form part of these financial statements

FULWELL COMMUNITY LIBRARY COMMUNITY INTEREST COMPANY

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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 3 September 2024
and signed on behalf of the board by:

Name: Richard Anthony Beck
Status: Director

The notes form part of these financial statements

FULWELL COMMUNITY LIBRARY COMMUNITY INTEREST COMPANY

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

    Tangible fixed assets depreciation policy

    Equipment - 33% straight line. Fixtures & fittings - 25% straight line.

FULWELL COMMUNITY LIBRARY COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 3 3

FULWELL COMMUNITY LIBRARY COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 July 2023 3,817 15,177 18,994
Additions 9,166 779 9,945
Disposals
Revaluations
Transfers
At 30 June 2024 12,983 15,956 28,939
Depreciation
At 1 July 2023 1,892 7,644 9,536
Charge for year 1,909 3,797 5,706
On disposals
Other adjustments
At 30 June 2024 3,801 11,441 15,242
Net book value
At 30 June 2024 9,182 4,515 13,697
At 30 June 2023 1,925 7,533 9,458

FULWELL COMMUNITY LIBRARY COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Debtors

2024 2023
£ £
Other debtors 57
Total   57

FULWELL COMMUNITY LIBRARY COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 June 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Other creditors 1,191 505
Total 1,191 505

COMMUNITY INTEREST ANNUAL REPORT

FULWELL COMMUNITY LIBRARY COMMUNITY INTEREST COMPANY

Company Number: 10773391 (England and Wales)

Year Ending: 30 June 2024

Company activities and impact

We have run a free library with computers, along with a community cafe which is well used by the community. We invest in the local area to the benefit of all and host many activities which are well used. Ran by volunteers, we are an integral part of our community.

Consultation with stakeholders

We hold an AGM yearly in September, to which all are invited. We constantly consult and act on advice given, tailoring our services to our community.

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
3 September 2024

And signed on behalf of the board by:
Name: Richard Anthony Beck
Status: Director