THE RIVER OF LIFE COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
13589745 (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 RIVER OF LIFE COMMUNITY INTEREST COMPANY

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

THE RIVER OF LIFE COMMUNITY INTEREST COMPANY

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

The principal activity of the company continued to be that of providing musical servcies.



Directors

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

Liam Moore
Elsie Christian
Alan Watson


Secretary Liam Moore

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
4 May 2025

And signed on behalf of the board by:
Name: Liam Moore
Status: Secretary

THE RIVER OF LIFE COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 31 August 2024

2024 2023


£

£
Turnover: 38,012 19,535
Cost of sales: ( 23,262 ) ( 20,064 )
Gross profit(or loss): 14,750 (529)
Administrative expenses: ( 7,994 ) ( 5,047 )
Operating profit(or loss): 6,756 (5,576)
Profit(or loss) before tax: 6,756 (5,576)
Tax: ( 45 )
Profit(or loss) for the financial year: 6,711 (5,576)

THE RIVER OF LIFE COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 August 2024

Notes 2024 2023


£

£
Current assets
Cash at bank and in hand: 16,551 11,378
Total current assets: 16,551 11,378
Creditors: amounts falling due within one year: 3 ( 2,505 )
Net current assets (liabilities): 14,046 11,378
Total assets less current liabilities: 14,046 11,378
Creditors: amounts falling due after more than one year: 4 ( 14,086 ) ( 18,129 )
Total net assets (liabilities): (40) (6,751)
Members' funds
Profit and loss account: (40) ( 6,751)
Total members' funds: ( 40) (6,751)

The notes form part of these financial statements

THE RIVER OF LIFE COMMUNITY INTEREST COMPANY

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

Name: Liam Moore
Status: Director

The notes form part of these financial statements

THE RIVER OF LIFE COMMUNITY INTEREST COMPANY

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

    Turnover policy

    Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates. When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income. Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.

THE RIVER OF LIFE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 3 2

THE RIVER OF LIFE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Creditors: amounts falling due within one year note

2024
£
Taxation and social security 45
Other creditors 2,460
Total 2,505

THE RIVER OF LIFE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Other creditors 14,086 18,129
Total 14,086 18,129

COMMUNITY INTEREST ANNUAL REPORT

THE RIVER OF LIFE COMMUNITY INTEREST COMPANY

Company Number: 13589745 (England and Wales)

Year Ending: 31 August 2024

Company activities and impact

Over the last year the River of Life CIC has gone from strength to strength, with our communities together choir we have performed throughout our communities and city at places/ events such as; Care homes, Woodlands Hospice, Anti Racist events, Dementia action week in Broadgreen hospital. Our Christmas grotto has been amazing and growing bigger and stronger, we have provided entertainment and food for older people. We have also carried out River of Life Community coaching, empowering and equipping local people within our community with self development and personal life coaching. We also brought together 'a community intergenerational choir'.

Consultation with stakeholders

Quarterly meetings were held, this was then reported back to the directors.

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
25 May 2025

And signed on behalf of the board by:
Name: Liam Moore
Status: Director