KINGSWAY COMMUNITY ENTERPRISES

Company limited by guarantee

Company Registration Number:
05973072 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 1 November 2023

End date: 31 October 2024

KINGSWAY COMMUNITY ENTERPRISES

Contents of the Financial Statements

for the Period Ended 31 October 2024

Directors report
Profit and loss
Balance sheet
Additional notes

KINGSWAY COMMUNITY ENTERPRISES

Directors' report period ended 31 October 2024

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

Principal activities of the company

The principal activity of the company is not-for-profit community enterprise, formed to manage the cleaning budget for local communal (indoor) areas. The tenants pay a service charge which is collected by their landlord and paid over to the company, which then manages the cleaning and maintenance of areas such as stairwells. Any surplus in funds must be applied (in accordance with the Articles) for the benefit of the local community. The company also provides community activities in the local area.



Directors

The director shown below has held office during the whole of the period from
1 November 2023 to 31 October 2024

Karen Ryding


The directors shown below have held office during the period of
9 August 2024 to 31 October 2024

Sarah Holmes
Kirstene Jones
Kelly Edwards
Lisa Haywood


The director shown below has held office during the period of
19 April 2024 to 31 October 2024

Margaret Doney


The directors shown below have held office during the period of
19 April 2024 to 13 September 2024

Sarah Coy
Sabrina Merrilees
Chloe Brimicombe


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
18 April 2025

And signed on behalf of the board by:
Name: Sarah Holmes
Status: Director

KINGSWAY COMMUNITY ENTERPRISES

Profit And Loss Account

for the Period Ended 31 October 2024

2024 2023


£

£
Turnover: 3,844 12,658
Gross profit(or loss): 3,844 12,658
Administrative expenses: ( 2,085 ) ( 14,433 )
Operating profit(or loss): 1,759 (1,775)
Profit(or loss) before tax: 1,759 (1,775)
Profit(or loss) for the financial year: 1,759 (1,775)

KINGSWAY COMMUNITY ENTERPRISES

Balance sheet

As at 31 October 2024

Notes 2024 2023


£

£
Current assets
Cash at bank and in hand: 1,963 2,062
Total current assets: 1,963 2,062
Net current assets (liabilities): 1,963 2,062
Total assets less current liabilities: 1,963 2,062
Creditors: amounts falling due after more than one year:   0
Total net assets (liabilities): 1,963 2,062
Members' funds
Profit and loss account: 1,963 2,062
Total members' funds: 1,963 2,062

The notes form part of these financial statements

KINGSWAY COMMUNITY ENTERPRISES

Balance sheet statements

For the year ending 31 October 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 18 April 2025
and signed on behalf of the board by:

Name: Sarah Holmes
Status: Director

The notes form part of these financial statements

KINGSWAY COMMUNITY ENTERPRISES

Notes to the Financial Statements

for the Period Ended 31 October 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

KINGSWAY COMMUNITY ENTERPRISES

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 1