ASATRU UK CIC

Company limited by guarantee

Company Registration Number:
14288207 (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

ASATRU UK 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

ASATRU UK CIC

Profit And Loss Account

for the Period Ended 31 August 2024

2024 13 months to 31 August 2023


£

£
Turnover: 51,842 38,729
Cost of sales: ( 14,670 ) ( 3,011 )
Gross profit(or loss): 37,172 35,718
Distribution costs: ( 16,516 ) ( 30,610 )
Administrative expenses: ( 10,826 ) ( 1,880 )
Other operating income: 1,494 1,480
Operating profit(or loss): 11,324 4,708
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 11,324 4,708
Tax: ( 1,772 )
Profit(or loss) for the financial year: 9,552 4,708

ASATRU UK CIC

Balance sheet

As at 31 August 2024

Notes 2024 13 months to 31 August 2023


£

£
Fixed assets
Intangible assets: 3 485 1,480
Tangible assets: 4 32,925 7,178
Investments:   0 0
Total fixed assets: 33,410 8,658
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 0 0
Investments:   0 0
Total current assets: 0 0
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 5 ( 25,151 ) ( 6,962 )
Net current assets (liabilities): (25,151) (6,962)
Total assets less current liabilities: 8,259 1,696
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): 8,259 1,696
Members' funds
Profit and loss account: 8,259 1,696
Total members' funds: 8,259 1,696

The notes form part of these financial statements

ASATRU UK 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 18 May 2025
and signed on behalf of the board by:

Name: john murphy
Status: Director

The notes form part of these financial statements

ASATRU UK 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

ASATRU UK CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees

    2024 13 months to 31 August 2023
    Average number of employees during the period 0 0

ASATRU UK CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 September 2023 0 1,965 1,965
Additions 0 485 485
Disposals 0 0 0
Revaluations 0 0 0
Transfers 0 0 0
At 31 August 2024 0 2,450 2,450
Amortisation
At 1 September 2023 0 485 485
Charge for year 0 1,480 1,480
On disposals
Other adjustments 0 0
At 31 August 2024 0 1,965 1,965
Net book value
At 31 August 2024 0 485 485
At 31 August 2023 0 1,480 1,480

ASATRU UK CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 September 2023 32,925 0 32,925
Additions 7,178 18,569 25,747
Disposals
Revaluations
Transfers
At 31 August 2024 40,103 18,569 58,672
Depreciation
At 1 September 2023 25,747 25,747
Charge for year
On disposals
Other adjustments
At 31 August 2024 25,747 25,747
Net book value
At 31 August 2024 14,356 18,569 32,925
At 31 August 2023 7,178 0 7,178

ASATRU UK CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

5. Creditors: amounts falling due within one year note

2024 13 months to 31 August 2023
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 25,151 6,962
Taxation and social security 0 0
Accruals and deferred income 0 0
Other creditors 0 0
Total 25,151 6,962

COMMUNITY INTEREST ANNUAL REPORT

ASATRU UK CIC

Company Number: 14288207 (England and Wales)

Year Ending: 31 August 2024

Company activities and impact

Asatru UK CIC have held 5 events in the past year around the UK to allow the members of the community to come together and enjoy the company of other community members. We have staged various educational talks at each event. These talks have consisted of various insights and studies of past practices, historical re-enactment, educational seminars and guest speakers that have excelled in their chosen field relevant to Heathenry. Several of our members have also conducted talks at various multi-faith seminars and events around the UK, providing information and education within these groups. Two new books have been published by our members and very well received within the communities. We have also provided a platform for members to enter into friendly competitions at these events which help to build team cohesion and a strong zense of community belonging

Consultation with stakeholders

Our stakeholders are every member of our community. At every event or talk held by Asatru UK CIC, we ensure to hold a segment where all attendees have a chance to have their say on what we do as a CIC, including but not limited to, where we hold our events and what type of events they would like (family, bunkhouse, single day etc), what type of talks or workshops they would like to see, how we spend the money and have their say on how we run the community to best benefit them. In the last large scale consultation held, our patron members brought up how they would like to see the organisation progress into having a permanent residence which they could visit and use to practice their faith, so we have set up fundraising events held by members of the community to achieve this goal.

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: John Murphy
Status: Director