HELE HUB CIC

Company limited by guarantee

Company Registration Number:
07182188 (England and Wales)

Unaudited statutory accounts for the year ended 29 March 2024

Period of accounts

Start date: 1 April 2023

End date: 29 March 2024

HELE HUB CIC

Contents of the Financial Statements

for the Period Ended 29 March 2024

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

HELE HUB CIC

Directors' report period ended 29 March 2024

The directors present their report with the financial statements of the company for the period ended 29 March 2024

Principal activities of the company

The company's principal activity during the year continued to be the provision of benefit to any member of the community who wish to enhance the quality of their lives through training and development courses and services.



Directors

The director shown below has held office during the whole of the period from
1 April 2023 to 29 March 2024

Kym Lee


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
1 December 2024

And signed on behalf of the board by:
Name: Kym Lee
Status: Director

HELE HUB CIC

Profit And Loss Account

for the Period Ended 29 March 2024

2024 2023


£

£
Turnover: 6,557 17,931
Cost of sales: ( 3,263 ) ( 7,968 )
Gross profit(or loss): 3,294 9,963
Administrative expenses: ( 6,964 ) ( 10,594 )
Operating profit(or loss): (3,670) (631)
Profit(or loss) before tax: (3,670) (631)
Profit(or loss) for the financial year: (3,670) (631)

HELE HUB CIC

Balance sheet

As at 29 March 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 59 119
Total fixed assets: 59 119
Current assets
Cash at bank and in hand: 18 2,303
Total current assets: 18 2,303
Creditors: amounts falling due within one year: 4 ( 4,800 ) ( 3,476 )
Net current assets (liabilities): (4,782) (1,173)
Total assets less current liabilities: (4,723) ( 1,054)
Total net assets (liabilities): (4,723) (1,054)
Members' funds
Profit and loss account: (4,723) ( 1,054)
Total members' funds: ( 4,723) (1,054)

The notes form part of these financial statements

HELE HUB CIC

Balance sheet statements

For the year ending 29 March 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 1 December 2024
and signed on behalf of the board by:

Name: Kym Lee
Status: Director

The notes form part of these financial statements

HELE HUB CIC

Notes to the Financial Statements

for the Period Ended 29 March 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 represents fees and contributions in respect of courses run. Income is recognised when the entity is legally entitled to the income and when any performance related conditions are met.

    Tangible fixed assets depreciation policy

    Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and accumulated impairment losses.

    Other accounting policies

    Grant income is recognised so as to match it to the expenditure towards which it is intended to contribute.

HELE HUB CIC

Notes to the Financial Statements

for the Period Ended 29 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 2 2

HELE HUB CIC

Notes to the Financial Statements

for the Period Ended 29 March 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2023 13,840 13,840
Additions
Disposals
Revaluations
Transfers
At 29 March 2024 13,840 13,840
Depreciation
At 1 April 2023 13,721 13,721
Charge for year 60 60
On disposals
Other adjustments
At 29 March 2024 13,781 13,781
Net book value
At 29 March 2024 59 59
At 31 March 2023 119 119

HELE HUB CIC

Notes to the Financial Statements

for the Period Ended 29 March 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Other creditors 4,800 3,476
Total 4,800 3,476

COMMUNITY INTEREST ANNUAL REPORT

HELE HUB CIC

Company Number: 07182188 (England and Wales)

Year Ending: 29 March 2024

Company activities and impact

Hele Hub has delivered enabling to young people with Special needs and has prominently worked with just 3 young people. No wages have been taken just expenses for these young people which have Direct payments from the council. It is still currently registered with providers for training but none is being delivered due to the economic climate

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

a) Directors remuneration is detailed in Note 3 to the accounts. b) There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director's loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
1 December 2024

And signed on behalf of the board by:
Name: Kym Lee
Status: Director