WEAPONS DOWN GLOVES UP NW CIC

Company limited by guarantee

Company Registration Number:
11714556 (England and Wales)

Unaudited statutory accounts for the year ended 29 December 2023

Period of accounts

Start date: 1 January 2023

End date: 29 December 2023

WEAPONS DOWN GLOVES UP NW CIC

Contents of the Financial Statements

for the Period Ended 29 December 2023

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

WEAPONS DOWN GLOVES UP NW CIC

Directors' report period ended 29 December 2023

The directors present their report with the financial statements of the company for the period ended 29 December 2023

Directors

The director shown below has held office during the whole of the period from
1 January 2023 to 29 December 2023

J H Battle


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
20 March 2025

And signed on behalf of the board by:
Name: J H Battle
Status: Director

WEAPONS DOWN GLOVES UP NW CIC

Profit And Loss Account

for the Period Ended 29 December 2023

2023 2022


£

£
Turnover: 93,974 62,235
Cost of sales: ( 53,799 ) ( 50,781 )
Gross profit(or loss): 40,175 11,454
Administrative expenses: ( 28,743 ) ( 10,701 )
Operating profit(or loss): 11,432 753
Profit(or loss) before tax: 11,432 753
Profit(or loss) for the financial year: 11,432 753

WEAPONS DOWN GLOVES UP NW CIC

Balance sheet

As at 29 December 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 21,755 0
Total fixed assets: 21,755 0
Current assets
Cash at bank and in hand: 104,615 27,837
Total current assets: 104,615 27,837
Creditors: amounts falling due within one year: 4 ( 111,109 ) ( 24,008 )
Net current assets (liabilities): (6,494) 3,829
Total assets less current liabilities: 15,261 3,829
Total net assets (liabilities): 15,261 3,829
Members' funds
Profit and loss account: 15,261 3,829
Total members' funds: 15,261 3,829

The notes form part of these financial statements

WEAPONS DOWN GLOVES UP NW CIC

Balance sheet statements

For the year ending 29 December 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 20 March 2025
and signed on behalf of the board by:

Name: J H Battle
Status: Director

The notes form part of these financial statements

WEAPONS DOWN GLOVES UP NW CIC

Notes to the Financial Statements

for the Period Ended 29 December 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 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. Motor vehicles - 15% on reducing balance

    Other accounting policies

    Taxation Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. Current or deferred taxation assets and liabilities are not discounted. Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. Deferred tax Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

WEAPONS DOWN GLOVES UP NW CIC

Notes to the Financial Statements

for the Period Ended 29 December 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

WEAPONS DOWN GLOVES UP NW CIC

Notes to the Financial Statements

for the Period Ended 29 December 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2023 0 0
Additions 25,594 25,594
Disposals
Revaluations
Transfers
At 29 December 2023 25,594 25,594
Depreciation
At 1 January 2023 0 0
Charge for year 3,839 3,839
On disposals
Other adjustments
At 29 December 2023 3,839 3,839
Net book value
At 29 December 2023 21,755 21,755
At 31 December 2022 0 0

WEAPONS DOWN GLOVES UP NW CIC

Notes to the Financial Statements

for the Period Ended 29 December 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Accruals and deferred income 109,700 22,599
Other creditors 1,409 1,409
Total 111,109 24,008

COMMUNITY INTEREST ANNUAL REPORT

WEAPONS DOWN GLOVES UP NW CIC

Company Number: 11714556 (England and Wales)

Year Ending: 29 December 2023

Company activities and impact

We provided affordable, accessible and appropriate sporting activities. We feel by having an overall aim of improving the quality of life of residents including those living with and affected by Corona virus and long COVID-19, and their families that this project has made such a vital difference to the wellbeing of our community and the projects beneficiaries.Through the provision of general exercising programmes that focus on improving strength, flexibility and breathing which will in turn helped to improve physical health and wellbeing. People were given the opportunity to enjoy .meeting new people, share experience and increase their social circles.Through the provision of classes, learners were fully supported to develop strategies to enjoy better health and well being while increasing social skills.

Consultation with stakeholders

We are in constant communication with the local community obtaining feedback and thoughts both verbally and by means of survey to offer better covid19 support within the community setting. This provided an opportunity for people to talk about what's good in the borough what they would like to see and also gave us the opportunity to identify the most vulnerable residents and to signpost to other local services where necessary.To nurture a sense of belonging within the community. Connecting with others which maintains a focusing on improving physical and mental wellbeing.

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
20 March 2025

And signed on behalf of the board by:
Name: J H Battle
Status: Director