DULOE COMMUNITY SHOP CIC

Company Registration Number:
07604720 (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

DULOE COMMUNITY SHOP CIC

Contents of the Financial Statements

for the Period Ended 30 April 2024

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

DULOE COMMUNITY SHOP CIC

Profit And Loss Account

for the Period Ended 30 April 2024

2024 2023


£

£
Turnover: 280,167 281,310
Cost of sales: ( 231,764 ) ( 226,668 )
Gross profit(or loss): 48,403 54,642
Administrative expenses: ( 64,301 ) ( 54,075 )
Other operating income: 10,381 8,857
Operating profit(or loss): (5,517) 9,424
Interest receivable and similar income: 536 173
Profit(or loss) before tax: (4,981) 9,597
Tax: ( 2,076 )
Profit(or loss) for the financial year: (4,981) 7,521

DULOE COMMUNITY SHOP CIC

Balance sheet

As at 30 April 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 20,446 20,556
Total fixed assets: 20,446 20,556
Current assets
Stocks: 4 21,890 16,740
Debtors: 5 18 216
Cash at bank and in hand: 33,371 46,225
Total current assets: 55,279 63,181
Creditors: amounts falling due within one year: 6 ( 27,267 ) ( 30,298 )
Net current assets (liabilities): 28,012 32,883
Total assets less current liabilities: 48,458 53,439
Total net assets (liabilities): 48,458 53,439
Capital and reserves
Called up share capital: 30 30
Profit and loss account: 48,428 53,409
Total Shareholders' funds: 48,458 53,439

The notes form part of these financial statements

DULOE COMMUNITY SHOP 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.

This report was approved by the board of directors on 15 May 2025
and signed on behalf of the board by:

Name: Stuart Wright
Status: Director

The notes form part of these financial statements

DULOE COMMUNITY SHOP 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

    Tangible fixed assets depreciation policy

    tangible fixed assets are depreciated at the following rates to write them off over their useful lives: Plant and Machinery - 20%

DULOE COMMUNITY SHOP CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 3 3

DULOE COMMUNITY SHOP CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 May 2023 20,000 4,974 24,974
Additions
Disposals
Revaluations
Transfers
At 30 April 2024 20,000 4,974 24,974
Depreciation
At 1 May 2023 4,418 4,418
Charge for year 110 110
On disposals
Other adjustments
At 30 April 2024 4,528 4,528
Net book value
At 30 April 2024 20,000 446 20,446
At 30 April 2023 20,000 556 20,556

DULOE COMMUNITY SHOP CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Stocks

2024 2023
£ £
Stocks 21,890 16,740
Total 21,890 16,740

DULOE COMMUNITY SHOP CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

5. Debtors

2024 2023
£ £
Trade debtors 18 216
Total 18 216

DULOE COMMUNITY SHOP CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 21,672 23,396
Taxation and social security 4,470 5,583
Accruals and deferred income 1,125 1,319
Total 27,267 30,298

COMMUNITY INTEREST ANNUAL REPORT

DULOE COMMUNITY SHOP CIC

Company Number: 07604720 (England and Wales)

Year Ending: 30 April 2024

Company activities and impact

The Company operates the Community Shop. This is a general store located in the centre of the village and is attached to the Community Centre. Our main policy is that of selling as much locally produced products as we possibly can. We actively pursue this policy and seek out potential new local suppliers. Locals and others can but their groceries more conveniently and appreciate the locally produced products and hence reduce their carbon footprint. We have around 18 local producers at present and we estimate that we are helping to reduce peoples food miles by about 12%. We currently have four part time employees whose main function is to operate the Post Office within the shop but they also help, along with several other volunteers, to operate the shop on a rota basis.

Consultation with stakeholders

The stakeholders are residents of the village and the directors and company secretary are all local residents who have lived in the village for a long time. To keep everyone up to date with the latest events etc they issue regular updates on social media and newsletters.

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
15 May 2025

And signed on behalf of the board by:
Name: STUART WRIGHT
Status: Director