WATERGATE COMMUNITY CAFÉ CIC

Company limited by guarantee

Company Registration Number:
10429741 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 1 November 2023

End date: 31 October 2024

WATERGATE COMMUNITY CAFÉ CIC

Contents of the Financial Statements

for the Period Ended 31 October 2024

Directors report
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

WATERGATE COMMUNITY CAFÉ CIC

Directors' report period ended 31 October 2024

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

Directors

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

Paul Johnson
Paul Kelly
Sharon Johnson


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
24 June 2025

And signed on behalf of the board by:
Name: Sharon Johnson
Status: Director

WATERGATE COMMUNITY CAFÉ CIC

Balance sheet

As at 31 October 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets:   0 0
Total fixed assets: 0 0
Current assets
Stocks: 3 2,000 2,000
Debtors: 4 0 232
Cash at bank and in hand: 4,145 2,084
Total current assets: 6,145 4,316
Creditors: amounts falling due within one year: 5 ( 8,644 ) ( 15,179 )
Net current assets (liabilities): (2,499) (10,863)
Total assets less current liabilities: (2,499) ( 10,863)
Creditors: amounts falling due after more than one year: 6 ( 610 ) ( 1,830 )
Total net assets (liabilities): (3,109) (12,693)
Members' funds
Profit and loss account: (3,109) ( 12,693)
Total members' funds: ( 3,109) (12,693)

The notes form part of these financial statements

WATERGATE COMMUNITY CAFÉ CIC

Balance sheet statements

For the year ending 31 October 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 24 June 2025
and signed on behalf of the board by:

Name: Sharon Johnson
Status: Director

The notes form part of these financial statements

WATERGATE COMMUNITY CAFÉ CIC

Notes to the Financial Statements

for the Period Ended 31 October 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 from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases: Plant and Machinery straight line over 3 years Computer Equipment straight line over 3 years

WATERGATE COMMUNITY CAFÉ CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 6 5

WATERGATE COMMUNITY CAFÉ CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

3. Stocks

2024 2023
£ £
Stocks 2,000 2,000
Total 2,000 2,000

WATERGATE COMMUNITY CAFÉ CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

4. Debtors

2024 2023
£ £
Prepayments and accrued income 0 232
Total 0 232

WATERGATE COMMUNITY CAFÉ CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 1,220 1,221
Taxation and social security 5,534 11,105
Other creditors 1,890 2,853
Total 8,644 15,179

WATERGATE COMMUNITY CAFÉ CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

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

2024 2023
£ £
Bank loans and overdrafts 610 1,830
Total 610 1,830

COMMUNITY INTEREST ANNUAL REPORT

WATERGATE COMMUNITY CAFÉ CIC

Company Number: 10429741 (England and Wales)

Year Ending: 31 October 2024

Company activities and impact

This has been Watergate Cafe’s 8th year of trading. We continue to successfully integrate ourselves into the communities we serve. During the reporting time of this accounts period we have continued to: - Provided Watergate Forest Park users have had access to facilities that otherwise that were only accessible to members of Whickham Fellside Youth Football Club. - Members of Whickham Fellside Youth Club and their families continue to have access to a better equipped Clubhouse. - Local residents have had access to free or reduced rate family activities. - Local businesses have been able to run workshops. - Local good causes have been supported e.g. Whickham Fellside Youth Foot-ball Club and the volunteer rangers who look after Watergate Forest Park (Friends of Watergate Forest Park). - We hold regular community dog walks within the park. - Held a fun dog show which raised £1000 for Dogs Trust - Continue as a collection point for a local charity that collects used football kit/boots for redistribution. - We support the Watergate Wombles, who are a group of people with learning difficulties. They meet weekly in the cafe. - Provide employment for 4 local people. - Held free evening events for local residents. (Bat Walk and Astronomical Evening)

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

The aggregate amount of emoluments paid to or receivable by directors in respect of qualifying services was £14715. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed

Transfer of assets

No transfer of assets other than for full consideration

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

And signed on behalf of the board by:
Name: Sharon Johnson
Status: Director