SETTLE COMMUNITY & BUSINESS HUB COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
10301271 (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

SETTLE COMMUNITY & BUSINESS HUB COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 July 2024

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

SETTLE COMMUNITY & BUSINESS HUB COMMUNITY INTEREST COMPANY

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

Principal activities of the company

Settle Community and Business Hub provides a focal point and facilities to foster greater local community activity and bring residents, the local community and smaller organisations together to improve community links, business networking and the quality of life for residents in Settle and surrounding villages. In this financial year our activities included; Community Fridge Public Living Room social events at Settle Quakers Advocacy support and help with finances, especially energy and phone bills and social tariffs Community Allotment Hosting monthly COBRA meetings for Settle organisations Business support, training and liaison with other business organisations Our office provides a venue for a range of groups and services including pop up banking with Barclays and Lloyds regular mental health support group craft and educational activities low cost room hire for businesses and community groups



Directors

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

Jo Rhodes
Barry White
Christine Renshaw
Jane Cotton


Secretary Barry White

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
9 April 2025

And signed on behalf of the board by:
Name: Jo Rhodes
Status: Director

SETTLE COMMUNITY & BUSINESS HUB COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 July 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 79 324
Total fixed assets: 79 324
Current assets
Debtors: 4 2,099 4,292
Cash at bank and in hand: 35,936 14,596
Total current assets: 38,035 18,888
Creditors: amounts falling due within one year: 5 ( 32,080 ) ( 19,251 )
Net current assets (liabilities): 5,955 (363)
Total assets less current liabilities: 6,034 ( 39)
Provision for liabilities: ( 15 ) ( 62 )
Total net assets (liabilities): 6,019 (101)
Members' funds
Profit and loss account: 6,019 ( 101)
Total members' funds: 6,019 (101)

The notes form part of these financial statements

SETTLE COMMUNITY & BUSINESS HUB COMMUNITY INTEREST COMPANY

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

Name: Jo Rhodes
Status: Director

The notes form part of these financial statements

SETTLE COMMUNITY & BUSINESS HUB COMMUNITY INTEREST COMPANY

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

SETTLE COMMUNITY & BUSINESS HUB COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 6 6

SETTLE COMMUNITY & BUSINESS HUB COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 August 2023 324 1,199 679 2,202
Additions
Disposals
Revaluations
Transfers
At 31 July 2024 324 1,199 679 2,202
Depreciation
At 1 August 2023 324 875 679 1,878
Charge for year 245 0 245
On disposals
Other adjustments
At 31 July 2024 324 1,120 679 2,123
Net book value
At 31 July 2024 0 79 0 79
At 31 July 2023 0 324 0 324

SETTLE COMMUNITY & BUSINESS HUB COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Debtors

2024 2023
£ £
Trade debtors 450 2,813
Prepayments and accrued income 1,649 1,419
Other debtors 60
Total 2,099 4,292

SETTLE COMMUNITY & BUSINESS HUB COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 July 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 1,300 81
Accruals and deferred income 30,780 19,170
Total 32,080 19,251

COMMUNITY INTEREST ANNUAL REPORT

SETTLE COMMUNITY & BUSINESS HUB COMMUNITY INTEREST COMPANY

Company Number: 10301271 (England and Wales)

Year Ending: 31 July 2024

Company activities and impact

Settle Community and Business Hub provides a focal point and facilities to foster greater local community activity and bring residents, the local community and smaller organisations together to improve community links, business networking and the quality of life for residents in Settle and surrounding villages. In this financial year our activities included; - Community Fridge - Public Living Room social events at Settle Quakers - Advocacy support and help with finances, especially energy and phone bills and social tariffs - Community Allotment - Hosting monthly COBRA meetings for Settle organisations - Our office provides a venue for a range of groups and services including pop-up banking with Barclays and Lloyds, regular mental health support group, craft and educational activities, low cost room hire for businesses and community groups - Business support, training and liaison with other business organisations

Consultation with stakeholders

Our stakeholders are local residents, businesses, community groups and charities but we also work closely with other organisations further afield to help them engage with our local community. Feedback forms, surveys and direct suggestions from visitors at our live and online events inform our plans and we try and respond to requests for workshops, activities and training.

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £9160. 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: Jo Rhodes
Status: Director