SOCIAL ENTERPRISE ACCOUNTS CIC

Company limited by guarantee

Company Registration Number:
11939063 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2024

Period of accounts

Start date: 1 December 2023

End date: 30 November 2024

SOCIAL ENTERPRISE ACCOUNTS CIC

Contents of the Financial Statements

for the Period Ended 30 November 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

SOCIAL ENTERPRISE ACCOUNTS CIC

Balance sheet

As at 30 November 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 424 565
Total fixed assets: 424 565
Current assets
Stocks: 4 2,966 1,635
Debtors: 5 2,845 1,538
Cash at bank and in hand: 11,086 9,818
Total current assets: 16,897 12,991
Creditors: amounts falling due within one year: 6 ( 20,756 ) ( 13,170 )
Net current assets (liabilities): (3,859) (179)
Total assets less current liabilities: (3,435) 386
Total net assets (liabilities): (3,435) 386
Members' funds
Profit and loss account: (3,435) 386
Total members' funds: ( 3,435) 386

The notes form part of these financial statements

SOCIAL ENTERPRISE ACCOUNTS CIC

Balance sheet statements

For the year ending 30 November 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 2 April 2025
and signed on behalf of the board by:

Name: Elizabeth Llewellyn-Rees
Status: Director

The notes form part of these financial statements

SOCIAL ENTERPRISE ACCOUNTS CIC

Notes to the Financial Statements

for the Period Ended 30 November 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 comprises the invoiced value of goods and services supplied by the company plus grants received, net of Value Added Tax (where VAT registered) and trade discounts

    Tangible fixed assets depreciation policy

    Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: Computer Equipment 25% Reducing Balance

    Other accounting policies

    Work in Progress is valued at the amount billable multiplied by the percentage completion.

SOCIAL ENTERPRISE ACCOUNTS CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

SOCIAL ENTERPRISE ACCOUNTS CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 December 2023 275 941 1,216
Additions
Disposals
Revaluations
Transfers
At 30 November 2024 275 941 1,216
Depreciation
At 1 December 2023 54 597 651
Charge for year 101 40 141
On disposals
Other adjustments
At 30 November 2024 155 637 792
Net book value
At 30 November 2024 120 304 424
At 30 November 2023 221 344 565

SOCIAL ENTERPRISE ACCOUNTS CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

4. Stocks

2024 2023
£ £
Stocks 2,966 1,635
Payments on account 0 0
Total 2,966 1,635

SOCIAL ENTERPRISE ACCOUNTS CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

5. Debtors

2024 2023
£ £
Trade debtors 1,527 669
Prepayments and accrued income 1,318 869
Total 2,845 1,538

SOCIAL ENTERPRISE ACCOUNTS CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Other creditors 20,756 13,170
Total 20,756 13,170

COMMUNITY INTEREST ANNUAL REPORT

SOCIAL ENTERPRISE ACCOUNTS CIC

Company Number: 11939063 (England and Wales)

Year Ending: 30 November 2024

Company activities and impact

THE COMPANY OFFERS ACCOUNTING SERVICES TO OTHER SOCIAL ENTERPRISES AND THEIR DIRECTORS TO ENABLE THEM TO MORE EASILY COMPLY WITH THEIR STATUTORY OBLIGATIONS. THE CIC HAS AND SHARES SPECIFIC KNOWLEDGE OF THIS SECTOR. ADDITIONALLY THE CIC TRYS TO OFFER REDUCED PRICES TO SOME CICS.

Consultation with stakeholders

THE COMPANY’S STAKEHOLDERS ARE OTHER SOCIAL ENTERPRISES AND THEIR DIRECTORS AND IN PARTICULAR ITS CLIENTS. DURING NOVEMBER 2021 ALL CLIENTS WERE CONSULTED AS A QUESTIONAIRE WAS SENT TO THEM. NORMALLY THEY ARE CONSULTED ON AN INFORMAL BASIS USUALLY AFTER HAVING THEIR YEAR END ACCOUNTS PREPARED.

Directors' remuneration

NO REMUNERATION WAS PAID/RECEIVED, HOWEVER DURING THE YEAR £10,000 WAS PAID, FOR ACCOUNTANCY SERVICES PROVIDED, TO A COMPANY THAT ELIZABETH LLEWELLYN-REES IS ALSO A DIRECTOR OF AND RECEIVES A SALARY FROM.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
2 April 2025

And signed on behalf of the board by:
Name: Elizabeth Llewellyn-Rees
Status: Director