THE CLOTHING CLINIC TEXTILE COLLECTIVE CIC

Company limited by guarantee

Company Registration Number:
13546586 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2024

Period of accounts

Start date: 1 September 2023

End date: 31 August 2024

THE CLOTHING CLINIC TEXTILE COLLECTIVE CIC

Contents of the Financial Statements

for the Period Ended 31 August 2024

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

THE CLOTHING CLINIC TEXTILE COLLECTIVE CIC

Profit And Loss Account

for the Period Ended 31 August 2024

2024 2023


£

£
Turnover: 19,036 12,807
Cost of sales: ( 8,296 ) ( 7,797 )
Gross profit(or loss): 10,740 5,010
Administrative expenses: ( 9,854 ) ( 5,002 )
Operating profit(or loss): 886 8
Profit(or loss) before tax: 886 8
Tax: ( 29 )
Profit(or loss) for the financial year: 857 8

THE CLOTHING CLINIC TEXTILE COLLECTIVE CIC

Balance sheet

As at 31 August 2024

Notes 2024 2023


£

£
Current assets
Debtors: 3 1
Cash at bank and in hand: 2,527 12,124
Total current assets: 2,527 12,125
Net current assets (liabilities): 2,527 12,125
Total assets less current liabilities: 2,527 12,125
Accruals and deferred income: ( 2,402 ) ( 12,857 )
Total net assets (liabilities): 125 (732)
Members' funds
Profit and loss account: 125 ( 732)
Total members' funds: 125 (732)

The notes form part of these financial statements

THE CLOTHING CLINIC TEXTILE COLLECTIVE CIC

Balance sheet statements

For the year ending 31 August 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: David McSkimming
Status: Director

The notes form part of these financial statements

THE CLOTHING CLINIC TEXTILE COLLECTIVE CIC

Notes to the Financial Statements

for the Period Ended 31 August 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

THE CLOTHING CLINIC TEXTILE COLLECTIVE CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

THE CLOTHING CLINIC TEXTILE COLLECTIVE CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Debtors

2024 2023
£ £
Other debtors 1
Total   1

COMMUNITY INTEREST ANNUAL REPORT

THE CLOTHING CLINIC TEXTILE COLLECTIVE CIC

Company Number: 13546586 (England and Wales)

Year Ending: 31 August 2024

Company activities and impact

Running social sewing workshops, participating in local events and making arts and craft accessible to all.

Consultation with stakeholders

Regular contact with other Directors and planning and discussing funding applications and community projects

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
16 May 2025

And signed on behalf of the board by:
Name: David McSkimming
Status: Director