ECO COMMUNITIES C.I.C.

Company limited by guarantee

Company Registration Number:
06337737 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2024

Period of accounts

Start date: 1 October 2023

End date: 30 September 2024

ECO COMMUNITIES C.I.C.

Contents of the Financial Statements

for the Period Ended 30 September 2024

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

ECO COMMUNITIES C.I.C.

Directors' report period ended 30 September 2024

The directors present their report with the financial statements of the company for the period ended 30 September 2024

Political and charitable donations

There were no political donations during the year.

Additional information

Third-party indemnity provisions The company does not pay for third-party indemnity. Small company provisions This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006, applicable to companies subject to the small companies regime.



Directors

The directors shown below have held office during the whole of the period from
1 October 2023 to 30 September 2024

Darren John Taylor
Peter Charles Haynes
Oladele Adesanya Komolafe


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
17 June 2025

And signed on behalf of the board by:
Name: Darren John Taylor
Status: Director

ECO COMMUNITIES C.I.C.

Profit And Loss Account

for the Period Ended 30 September 2024

2024 2023


£

£
Turnover: 208,805 320,983
Gross profit(or loss): 208,805 320,983
Administrative expenses: ( 241,136 ) ( 331,852 )
Operating profit(or loss): (32,331) (10,869)
Interest receivable and similar income: 38
Profit(or loss) before tax: (32,293) (10,869)
Profit(or loss) for the financial year: (32,293) (10,869)

ECO COMMUNITIES C.I.C.

Balance sheet

As at 30 September 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 1,850 3,575
Total fixed assets: 1,850 3,575
Current assets
Debtors: 4 6,216 9,281
Cash at bank and in hand: 11,270 21,560
Total current assets: 17,486 30,841
Creditors: amounts falling due within one year: 5 ( 72,697 ) ( 55,484 )
Net current assets (liabilities): (55,211) (24,643)
Total assets less current liabilities: (53,361) ( 21,068)
Total net assets (liabilities): (53,361) (21,068)
Members' funds
Profit and loss account: (53,361) ( 21,068)
Total members' funds: ( 53,361) (21,068)

The notes form part of these financial statements

ECO COMMUNITIES C.I.C.

Balance sheet statements

For the year ending 30 September 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 17 June 2025
and signed on behalf of the board by:

Name: Darren John Taylor
Status: Director

The notes form part of these financial statements

ECO COMMUNITIES C.I.C.

Notes to the Financial Statements

for the Period Ended 30 September 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 measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and rendering of services, and funding received for specific projects. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer, whilst turnover from the rendering of services and funding received for projects are recognised by reference to the stage of completion of the contract/ project.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: Plant and machinery - Over 5 years Fixtures, fittings, tools and equipment - Over 5 years

    Other accounting policies

    Taxation A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

ECO COMMUNITIES C.I.C.

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 10 12

ECO COMMUNITIES C.I.C.

Notes to the Financial Statements

for the Period Ended 30 September 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 October 2023 8,625 8,625
Additions
Disposals
Revaluations
Transfers
At 30 September 2024 8,625 8,625
Depreciation
At 1 October 2023 5,050 5,050
Charge for year
On disposals
Other adjustments 1,725 1,725
At 30 September 2024 6,775 6,775
Net book value
At 30 September 2024 1,850 1,850
At 30 September 2023 3,575 3,575

ECO COMMUNITIES C.I.C.

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Debtors

2024 2023
£ £
Trade debtors 6,216 8,327
Other debtors 954
Total 6,216 9,281

ECO COMMUNITIES C.I.C.

Notes to the Financial Statements

for the Period Ended 30 September 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 6 0
Trade creditors 22,538 18,754
Taxation and social security 33,165 2,899
Other creditors 16,988 33,831
Total 72,697 55,484

COMMUNITY INTEREST ANNUAL REPORT

ECO COMMUNITIES C.I.C.

Company Number: 06337737 (England and Wales)

Year Ending: 30 September 2024

Company activities and impact

We have managed land and buildings, using them as centres for the delivery of a range of services, including training, arts, culture, and physical exercise, for the benefit of the local community. The community have benefited by being able to participate in the activities carried out in the buildings, which will be available at no or low cost. We have over 30 groups using our community centre, and have 13,000 visitors to the library. We have activities in the library and lead the summer reading challenge.

Consultation with stakeholders

We have held stakeholder meetings with Bexley Council and we have had meetings with community groups who deliver projects in our community centre

Directors' remuneration

The aggregate amount of emoluments paid or received by directors in respect of qualifying services was £52,797. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for directors' loss of office, which require disclosure.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
17 June 2025

And signed on behalf of the board by:
Name: Darren Taylor
Status: Director