THEA BARNES LEGACY FUND CIC

Company limited by guarantee

Company Registration Number:
12080887 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2024

Period of accounts

Start date: 1 August 2023

End date: 31 July 2024

THEA BARNES LEGACY FUND CIC

Contents of the Financial Statements

for the Period Ended 31 July 2024

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

THEA BARNES LEGACY FUND CIC

Profit And Loss Account

for the Period Ended 31 July 2024

2024 2023


£

£
Turnover: 20,419
Cost of sales: ( 9,941 ) ( 2,135 )
Gross profit(or loss): 10,478 (2,135)
Administrative expenses: ( 820 ) ( 5,179 )
Operating profit(or loss): 9,658 (7,314)
Profit(or loss) before tax: 9,658 (7,314)
Profit(or loss) for the financial year: 9,658 (7,314)

THEA BARNES LEGACY FUND CIC

Balance sheet

As at 31 July 2024

Notes 2024 2023


£

£
Current assets
Cash at bank and in hand: 25,163 15,460
Total current assets: 25,163 15,460
Net current assets (liabilities): 25,163 15,460
Total assets less current liabilities: 25,163 15,460
Creditors: amounts falling due after more than one year: 3 ( 24,895 ) ( 24,850 )
Total net assets (liabilities): 268 (9,390)
Members' funds
Profit and loss account: 268 ( 9,390)
Total members' funds: 268 (9,390)

The notes form part of these financial statements

THEA BARNES LEGACY FUND CIC

Balance sheet statements

For the year ending 31 July 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 12 January 2025
and signed on behalf of the board by:

Name: Ms R A Boakye-Nino
Status: Director

The notes form part of these financial statements

THEA BARNES LEGACY FUND CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

THEA BARNES LEGACY FUND CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

THEA BARNES LEGACY FUND CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

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

2024 2023
£ £
Other creditors 24,895 24,850
Total 24,895 24,850

COMMUNITY INTEREST ANNUAL REPORT

THEA BARNES LEGACY FUND CIC

Company Number: 12080887 (England and Wales)

Year Ending: 31 July 2024

Company activities and impact

The company activity have benefited from different backgrounds and have aided with community cohesiveness. it has provided funding for the people in the community which has helped to improve their creativity and helped individual achieve their goals which will further benefit the community in the long term

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
24 January 2025

And signed on behalf of the board by:
Name: Ms R A Boakye-Nino
Status: Director