REWORKS ENTERPRISE CIC

Company limited by guarantee

Company Registration Number:
08800452 (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

REWORKS ENTERPRISE CIC

Contents of the Financial Statements

for the Period Ended 30 June 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

REWORKS ENTERPRISE CIC

Balance sheet

As at 30 June 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Debtors: 3 8,117 10,666
Cash at bank and in hand: 119 1,898
Investments:   0 0
Total current assets: 8,236 12,564
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 4 ( 24,629 ) ( 27,237 )
Net current assets (liabilities): (16,393) (14,673)
Total assets less current liabilities: (16,393) ( 14,673)
Creditors: amounts falling due after more than one year: 5 ( 6,227 ) ( 10,784 )
Provision for liabilities: ( 2,640 ) ( 2,750 )
Accruals and deferred income: ( 4,000 ) ( 4,000 )
Total net assets (liabilities): (29,260) (32,207)
Members' funds
Profit and loss account: (29,260) ( 32,207)
Total members' funds: ( 29,260) (32,207)

The notes form part of these financial statements

REWORKS ENTERPRISE CIC

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 14 March 2025
and signed on behalf of the board by:

Name: Alastair Harper
Status: Director

The notes form part of these financial statements

REWORKS ENTERPRISE CIC

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

REWORKS ENTERPRISE CIC

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

REWORKS ENTERPRISE CIC

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Debtors

2024 2023
£ £
Trade debtors 8,117 10,666
Total 8,117 10,666
Debtors due after more than one year: 6,227 10,784

REWORKS ENTERPRISE CIC

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 16,393 14,673
Other creditors 8,236 12,564
Total 24,629 27,237

REWORKS ENTERPRISE CIC

Notes to the Financial Statements

for the Period Ended 30 June 2024

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

2024 2023
£ £
Bank loans and overdrafts 6,227 10,784
Total 6,227 10,784

COMMUNITY INTEREST ANNUAL REPORT

REWORKS ENTERPRISE CIC

Company Number: 08800452 (England and Wales)

Year Ending: 30 June 2024

Company activities and impact

ReWorKs as an OG of the circular economy / sustianability space continued to be a flag bearer for the fairer greener economy. In particular it is key to ensure the debate is about an economy & a circular one since sustainability is highly nebulous & assumed to be an indoctrinated principle when in fact a recent term & no less nebulous than 'marketing.' ReWorKs remains committed to collaborations and pragmatic projects that move towards a more circular & regenerative economy. This isn’t something to be taken for granted - The thinking required to consider impacts of seemingly good / green projects takes careful analysis and experiences over the past decade. It is now commonplace to consider the matter of greenwashing and ReWorKs is mindful to test the meaning of projects before engaging. Our re-commerce activity continues with a new way of marketing secondary market items without traditional processing costs. AI tools will help this to scale. In September ReWorKs brough gravitas to the inaugural 'Good Clothes Show' where there were few exhibitors enabling circularity but nevertheless the debate was there to be had! We envisage participating again should the show have sufficient funding to run again.

Consultation with stakeholders

No consultation with stakeholders

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
10 February 2025

And signed on behalf of the board by:
Name: Alastair Harper
Status: Director