WEE CHANCE COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
SC717080 (Scotland)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 1 January 2024

End date: 31 December 2024

WEE CHANCE COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 December 2024

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

WEE CHANCE COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 31 December 2024

2024 2023


£

£
Turnover: 3,737 0
Cost of sales: ( 2,067 ) 0
Gross profit(or loss): 1,670 0
Distribution costs: 0 0
Administrative expenses: ( 1,370 ) ( 233 )
Other operating income: 0 0
Operating profit(or loss): 300 (233)
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 300 (233)
Tax: 0 0
Profit(or loss) for the financial year: 300 (233)

WEE CHANCE COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 December 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 403 233
Investments:   0 0
Total fixed assets: 403 233
Current assets
Stocks: 4 2,633 3,789
Debtors:   0 0
Cash at bank and in hand: 1,590 900
Investments:   0 0
Total current assets: 4,223 4,689
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year:   0 0
Net current assets (liabilities): 4,223 4,689
Total assets less current liabilities: 4,626 4,922
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): 4,626 4,922
Members' funds
Profit and loss account: 4,626 4,922
Total members' funds: 4,626 4,922

The notes form part of these financial statements

WEE CHANCE COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 31 December 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 May 2025
and signed on behalf of the board by:

Name: Laura Kerr
Status: Director

The notes form part of these financial statements

WEE CHANCE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 December 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

WEE CHANCE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 2 2

WEE CHANCE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2024 0 0 0 233 0 233
Additions 170 170
Disposals
Revaluations
Transfers
At 31 December 2024 0 0 0 403 0 403
Depreciation
At 1 January 2024 0 0
Charge for year
On disposals
Other adjustments
At 31 December 2024 0 0
Net book value
At 31 December 2024 0 0 0 403 0 403
At 31 December 2023 0 0 0 233 0 233

WEE CHANCE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Stocks

2024 2023
£ £
Stocks 2,633 3,789
Payments on account 0 0
Total 2,633 3,789

COMMUNITY INTEREST ANNUAL REPORT

WEE CHANCE COMMUNITY INTEREST COMPANY

Company Number: SC717080 (Scotland)

Year Ending: 31 December 2024

Company activities and impact

In 2024, Wee Chance delivered two community events selling second hand baby and toddler clothing. The events were held in a local community centre, financially supporting the centre and encouraging people to visit. Over 100 people came to each event, where they could buy second hand clothes, reducing their environmental impact. The events were very social, so also provided a place for families to meet and catch up.

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
12 May 2025

And signed on behalf of the board by:
Name: Laura Kerr
Status: Director