WASTEBUSTER CIC

Company Registration Number:
05883640 (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

WASTEBUSTER CIC

Contents of the Financial Statements

for the Period Ended 31 July 2024

Directors report
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

WASTEBUSTER CIC

Directors' report period ended 31 July 2024

The directors present their report with the financial statements of the company for the period ended 31 July 2024

Directors

The directors shown below have held office during the whole of the period from
1 August 2023 to 31 July 2024

NEWNHAM, Katy Louise
FLEW, Peter Gordon, Professor
HARRIS, Jill Sylvia
HILLS, Craig


Secretary NEWNHAM, Julie Heather

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
7 April 2025

And signed on behalf of the board by:
Name: NEWNHAM, Katy Louise
Status: Director

WASTEBUSTER CIC

Balance sheet

As at 31 July 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets: 3 415 415
Tangible assets: 4 150,421 155,520
Total fixed assets: 150,836 155,935
Current assets
Debtors: 5 6,007 7,084
Cash at bank and in hand: 13,256 27,275
Total current assets: 19,263 34,359
Creditors: amounts falling due within one year: 6 ( 49,474 ) ( 27,505 )
Net current assets (liabilities): (30,211) 6,854
Total assets less current liabilities: 120,625 162,789
Creditors: amounts falling due after more than one year: 7 ( 106,364 ) ( 113,157 )
Accruals and deferred income: ( 96,061 ) ( 76,538 )
Total net assets (liabilities): (81,800) (26,906)
Capital and reserves
Called up share capital: 1 1
Profit and loss account: (81,801 ) (26,907 )
Total Shareholders' funds: ( 81,800 ) (26,906)

The notes form part of these financial statements

WASTEBUSTER 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.

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 7 April 2025
and signed on behalf of the board by:

Name: NEWNHAM, Katy Louise
Status: Director

The notes form part of these financial statements

WASTEBUSTER 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 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. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

    Tangible fixed assets depreciation policy

    Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: Plant & machinery SL 10% Fixtures & fittings SL 33.33% Computer equipment SL 25%

    Intangible fixed assets amortisation policy

    Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.

    Other accounting policies

    Prior Period Reclassification In the year the directors decided that some costs were better recognised as cost of sales rather than capitalised assets. A prior period reclassification has been made of the same expenses to ensure that the periods are comparable.

WASTEBUSTER CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 1

WASTEBUSTER CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 August 2023 415 415
Additions
Disposals
Revaluations
Transfers
At 31 July 2024 415 415
Amortisation
At 1 August 2023 0 0
Charge for year
On disposals
Other adjustments
At 31 July 2024 0 0
Net book value
At 31 July 2024 415 415
At 31 July 2023 415 415

WASTEBUSTER CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 August 2023 287,761 40 287,801
Additions 24,504 24,504
Disposals
Revaluations
Transfers
At 31 July 2024 312,265 40 312,305
Depreciation
At 1 August 2023 132,241 40 132,281
Charge for year 29,603 29,603
On disposals
Other adjustments
At 31 July 2024 161,844 40 161,884
Net book value
At 31 July 2024 150,421 0 150,421
At 31 July 2023 155,520 0 155,520

WASTEBUSTER CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

5. Debtors

2024 2023
£ £
Trade debtors 4,000 5,546
Prepayments and accrued income 2,007 1,538
Total 6,007 7,084

WASTEBUSTER CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 6,676 6,567
Trade creditors 30,688 9,563
Taxation and social security 5,611 11,375
Other creditors 6,499 0
Total 49,474 27,505

WASTEBUSTER CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

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

2024 2023
£ £
Bank loans and overdrafts 32,318 39,111
Other creditors 74,046 74,046
Total 106,364 113,157

COMMUNITY INTEREST ANNUAL REPORT

WASTEBUSTER CIC

Company Number: 05883640 (England and Wales)

Year Ending: 31 July 2024

Company activities and impact

During the financial year under review, Wastebusters CIC has undertaken a range of impactful initiatives aimed at benefiting the community and promoting environmental sustainability. Key activities include: - Recycle to Read conducted a successful trial for the collection of broken hard plastic toys in retail stores. This initiative was supported by educational materials, resources, and a competition designed to encourage participation. - Following the success of the trial, preparations commenced for a national rollout across 167 stores. - Wastebusters CIC secured a new three-year contract through a successful tendering process with a local authority. - Hosted a successful network reception at the Royal Geographical Society for Water Week, as part of The Pod’s annual campaign cycle. - Organised a drop-in event at the Houses of Parliament for Water Week, raising awareness of water conservation and sustainability. - Initiated planning for a technology recycling campaign aimed at responsible e-waste management. - Conducted successful battery and textile collection initiatives, encouraging responsible recycling and waste reduction. - Trialled a direct reusable toy collection programme in schools to promote circular economy principles. - Delivered The Pod’s flagship sustainability campaigns: Switch Off Fortnight, Waste Week, What’s Under Your Feet?, and Recycle to Read (Toys, Textiles, and Batteries). - Integrated impact recording and carbon calculation functionality into the Wastebusters CIC platform for schools, alongside a climate action planner, supporting government sustainability requirements in the education sector. These initiatives align with several United Nations Sustainable Development Goals (SDGs), reinforcing Wastebusters CIC’s commitment to global sustainability efforts: - SDG 4: Quality Education – Promoting environmental awareness and responsible consumption through the Recycle to Read programme. - SDG 12: Responsible Consumption and Production – Supporting responsible consumption practices, particularly through initiatives focused on recycling and waste reduction, including planned technology recycling programmes. - SDG 17: Partnerships for the Goals – Collaborating with local authorities and retail partners to advance shared environmental and community-focused objectives. - SDG 6: Clean Water and Sanitation – Contributing to international sustainability efforts by advocating for water conservation and sustainable water management through initiatives such as Water Week. Through these efforts, Wastebusters CIC continues to demonstrate its commitment to environmental stewardship, education, and sustainable development, contributing to a more sustainable and equitable future.

Consultation with stakeholders

Schools and local authorities are key stakeholders for Wastebuster. Wastebuster also undertake annual consultations with up to 30 schools per local authority area to test the effectiveness of the programme and to ensure a process of ongoing development is adopted. Regular reporting to local authority partners ensures we are in alignment with national waste directive and reaching our KPIs. As part of the Recycle to Read programme (https://recycletoread.org/) we are also in regular consultation with its members who include; publishers, toy brands, national retailers and manufacturers, industry bodies and educational institutes.

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £31,043. 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
9 April 2025

And signed on behalf of the board by:
Name: NEWNHAM, Katy Louise
Status: Director