BAD APPLES NORTH EAST CIC

Company limited by guarantee

Company Registration Number:
07344191 (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

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Contents of the Financial Statements

for the Period Ended 31 August 2024

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

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Directors' report period ended 31 August 2024

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

Principal activities of the company

Provision of community youth services



Directors

The directors shown below have held office during the whole of the period from
1 September 2023 to 31 August 2024

Caroline Susan Ball
John Hays
Laura Kate Alexander


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
20 May 2025

And signed on behalf of the board by:
Name: Caroline Susan Ball
Status: Director

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Profit And Loss Account

for the Period Ended 31 August 2024

2024 2023


£

£
Turnover: 1,286 1,710
Cost of sales: 0 0
Gross profit(or loss): 1,286 1,710
Administrative expenses: ( 2,142 ) ( 6,956 )
Operating profit(or loss): (856) (5,246)
Profit(or loss) before tax: (856) (5,246)
Profit(or loss) for the financial year: (856) (5,246)

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Balance sheet

As at 31 August 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 2,042 2,042
Total fixed assets: 2,042 2,042
Current assets
Debtors: 4 400 400
Cash at bank and in hand: 0 14
Total current assets: 400 414
Creditors: amounts falling due within one year: 5 ( 42,259 ) ( 41,417 )
Net current assets (liabilities): (41,859) (41,003)
Total assets less current liabilities: (39,817) ( 38,961)
Total net assets (liabilities): (39,817) (38,961)
Members' funds
Profit and loss account: (39,817) ( 38,961)
Total members' funds: ( 39,817) (38,961)

The notes form part of these financial statements

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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 20 May 2025
and signed on behalf of the board by:

Name: Caroline Susan Ball
Status: Director

The notes form part of these financial statements

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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 Financial Reporting Standard 101

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Revenue from the sale of goods is recognised when all the following conditions are satisfied: the Company has transferred to the buyer the significant risks and rewards of ownership of the goods; the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; the amount of revenue can be measured reliably; it is probable that the economic benefits associated with the transaction will flow to the Company; and the costs incurred or to be incurred in respect of the transaction can be measured reliably. Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed

    Other accounting policies

    Taxation Income tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable profit for the year. Taxable profit differs from the surplus as reported in the income and expenditure account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Trade and other debtors Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts. Trade and other creditors Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method. Provisions Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation. Provisions are charged as an expense to the income and expenditure account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties. When payments are eventually made, they are charged to the provision carried in the balance sheet.

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Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 5

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Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 September 2023 11,197 9,136 20,333
Additions
Disposals
Revaluations
Transfers
At 31 August 2024 11,197 9,136 20,333
Depreciation
At 1 September 2023 10,696 7,595 18,291
Charge for year
On disposals
Other adjustments
At 31 August 2024 10,696 7,595 18,291
Net book value
At 31 August 2024 501 1,541 2,042
At 31 August 2023 501 1,541 2,042

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Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Debtors

2024 2023
£ £
Trade debtors 400 400
Total 400 400

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Notes to the Financial Statements

for the Period Ended 31 August 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 49 49
Taxation and social security 446
Accruals and deferred income 1,741 1,741
Other creditors 40,469 39,181
Total 42,259 41,417

COMMUNITY INTEREST ANNUAL REPORT

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Company Number: 07344191 (England and Wales)

Year Ending: 31 August 2024

Company activities and impact

Since the pandemic and the changes in the community and voluntary sector landscape, staff moving on and the increase in operational costs. The organisation went into hibernation to give time for the sector time to recover. We have now decided it is time to close the chapter on Bad Apples North East and close the organisation, we do not have a base to deliver and would need to restart from fresh, directors and external advisor discussed options and without a core team or premises and a full reset on delivery model we have we have to dissolve the organisation. We celebrate the many successes and impact of the young people and communities we have worked with, but the time has come to take a bow and say thank you to everyone who supported the work over the last 15 years. It was never easy, but it was an adventure, and we delivered 100’s of qualifications, and opportunities that impacted the people we worked with and delivered positive change

Consultation with stakeholders

Discussed options with directors, and service user panel. All agreed it was sad that the organisation will not be delivering and need to dissolve but we should celebrate the great work and outcomes over the previous 15 years.

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
27 May 2025

And signed on behalf of the board by:
Name: Caroline Susan Ball
Status: Director