GUISBOROUGH RECYCLING HUB CIC

Company limited by guarantee

Company Registration Number:
11952255 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2024

Period of accounts

Start date: 1 May 2023

End date: 30 April 2024

GUISBOROUGH RECYCLING HUB CIC

Contents of the Financial Statements

for the Period Ended 30 April 2024

Balance sheet
Additional notes
Community Interest Report

GUISBOROUGH RECYCLING HUB CIC

Balance sheet

As at 30 April 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 1,291 1,260
Investments:   0 0
Total current assets: 1,291 1,260
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year:   0 0
Net current assets (liabilities): 1,291 1,260
Total assets less current liabilities: 1,291 1,260
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 1,291 1,260
Members' funds
Profit and loss account: 1,291 1,260
Total members' funds: 1,291 1,260

The notes form part of these financial statements

GUISBOROUGH RECYCLING HUB CIC

Balance sheet statements

For the year ending 30 April 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 18 January 2025
and signed on behalf of the board by:

Name: Tamara Robinson
Status: Director

The notes form part of these financial statements

GUISBOROUGH RECYCLING HUB CIC

Notes to the Financial Statements

for the Period Ended 30 April 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

GUISBOROUGH RECYCLING HUB CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

COMMUNITY INTEREST ANNUAL REPORT

GUISBOROUGH RECYCLING HUB CIC

Company Number: 11952255 (England and Wales)

Year Ending: 30 April 2024

Company activities and impact

The company runs a second hand children's and babies' goods shop. We sell on good quality donated children's, toys, books, clothes and equipment to the local community at very cheap prices, operating along the lines of a "charity shop;" with everyone being a volunteer and profits dispersed to Guisborough schools and charities. We continue to provide a much needed community resource for parents, grandparents, foster-parents and teachers of SEN children. In the financial year 1st May 2023-30th April 2024, we have continued to provide part-time work experience for 8 volunteers with various health issues or caring responsibilities who have benefited from being part of our community. Allowing them to gain confidence in the work place and build relationships with customers and other staff members. We have continued recycling school uniform to the local free Uniform Bank, taught children from a young age the joys of thrift shop shopping, by having a child friendly environment and become a regular feature of our High Street, with regular customers and donators, who are usually both. We continue to open only limited hours, as all staff are volunteers, but hope to increase these in the coming year.

Consultation with stakeholders

The company's stakeholders are the volunteers and shop users, both donators and customers. We have regular staff meetings to discuss how to improve the shop for volunteers and shoppers. We chat to and encourage suggestions from shoppers on what might improve their experience, for instance, we now have 3 for a pound rummage tubs of baby clothes to allow us to put out more stock in limited space. The nature of the business encourages interaction, as most customers like to chat, even if just to ask if we have certain items in stock or whether we can source them for them. The directors have all lived in Guisborough or the surrounding area for a number of years and bought up our children here, giving us the realization that our shop is a much needed resource. A particular asset with local shop closures and continuing rising prices. We have donated £2,500 this financial year, £1,500 to Maxi's Mates (registered charity and local dog kennels) and £1,000 to The Guisborough Arts charity - Giants Trail Project.

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
18 April 2025

And signed on behalf of the board by:
Name: Tamara Robinson
Status: Director