YOU CAN COOK COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
SC332980 (Scotland)

Unaudited statutory accounts for the year ended 31 March 2025

Period of accounts

Start date: 1 April 2024

End date: 31 March 2025

YOU CAN COOK COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 March 2025

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

YOU CAN COOK COMMUNITY INTEREST COMPANY

Directors' report period ended 31 March 2025

The directors present their report with the financial statements of the company for the period ended 31 March 2025

Principal activities of the company

The principal activity of the company continued to be that of providing information, training, workshops, cookery demonstrations and consultancy services with regard to learning the fundamentals of cooking healthy, nutritious, quick and inexpensive meals.



Directors

The directors shown below have held office during the whole of the period from
1 April 2024 to 31 March 2025

Bosco Santimano
E MacInnes
C McCulloch
C MacDonald


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 July 2025

And signed on behalf of the board by:
Name: Bosco Santimano
Status: Director

YOU CAN COOK COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 31 March 2025

2025 2024


£

£
Turnover: 14,033 1,156
Gross profit(or loss): 14,033 1,156
Administrative expenses: ( 38,311 ) ( 54,546 )
Other operating income: 37,022 44,248
Operating profit(or loss): 12,744 (9,142)
Profit(or loss) before tax: 12,744 (9,142)
Tax: ( 2,421 ) 1,737
Profit(or loss) for the financial year: 10,323 (7,405)

YOU CAN COOK COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 March 2025

Notes 2025 2024


£

£
Fixed assets
Tangible assets: 3 1,684 497
Total fixed assets: 1,684 497
Current assets
Debtors: 4 1,732 4,214
Cash at bank and in hand: 38,909 20,829
Total current assets: 40,641 25,043
Creditors: amounts falling due within one year: 5 ( 29,063 ) ( 22,921 )
Net current assets (liabilities): 11,578 2,122
Total assets less current liabilities: 13,262 2,619
Provision for liabilities: ( 320 )
Total net assets (liabilities): 12,942 2,619
Members' funds
Profit and loss account: 12,942 2,619
Total members' funds: 12,942 2,619

The notes form part of these financial statements

YOU CAN COOK COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 31 March 2025 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 July 2025
and signed on behalf of the board by:

Name: Bosco Santimano
Status: Director

The notes form part of these financial statements

YOU CAN COOK COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 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

    Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation. When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Computer equipment 33% straight line The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

    Other accounting policies

    Cash and cash equivalents Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. Financial instruments The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument. Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are measured at transaction price. Financial assets classified as receivable within one year are not amortised. Classification of financial liabilities Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Basic financial liabilities Basic financial liabilities, including creditors and bank loans are classified as debt and are initially recognised at transaction price. Financial liabilities classified as payable within one year are not amortised. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised at transaction price. Equity instruments Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company. Changes in the fair value of derivatives that are designated and qualify as fair value hedges are recognised in profit or loss immediately, together with any changes in the fair value of the hedged asset or liability that are attributable to the hedged risk. Taxation The tax expense represents the sum of the tax currently payable and deferred tax. Current tax The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date. Deferred tax Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit. The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority. Government grants Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received. A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability.

YOU CAN COOK COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 0 0

YOU CAN COOK COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2024 2,296 2,296
Additions 2,928 2,928
Disposals
Revaluations
Transfers
At 31 March 2025 5,224 5,224
Depreciation
At 1 April 2024 1,799 1,799
Charge for year 1,741 1,741
On disposals
Other adjustments
At 31 March 2025 3,540 3,540
Net book value
At 31 March 2025 1,684 1,684
At 31 March 2024 497 497

YOU CAN COOK COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Debtors

2025 2024
£ £
Trade debtors 1,105 1,500
Other debtors 627 2,714
Total 1,732 4,214

YOU CAN COOK COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 March 2025

5. Creditors: amounts falling due within one year note

2025 2024
£ £
Other creditors 29,063 22,921
Total 29,063 22,921

COMMUNITY INTEREST ANNUAL REPORT

YOU CAN COOK COMMUNITY INTEREST COMPANY

Company Number: SC332980 (Scotland)

Year Ending: 31 March 2025

Company activities and impact

You Can Cook encourages and empowers local communities to make informed choices about their food and health. Our services are affordable and accessible to all. We are particularly interested in working with groups that have been economically or socially disadvantaged so that they can regain their health and confidence. This is of particular importance right now due to the cost of living crisis. Healthy eating initiatives are promoted through all our services; whilst introducing food as a positive force for health and well-being. We introduce the concept of cooking as fun & easy. We create through our workshops, a safe and relaxed environment where people from all ages can come together, socialise, rediscover and explore a healthier approach to cooking with simple and nutritious ingredients (seasonal and local produce). Cooking at home will help people save money and You Can Cook offer's very good value in terms of specialised services to communities. In the long-term communities will experience and enjoy the benefits of an improved level of health. We organised a pilot with a local sustainable organisation in the Borders to teach local community members to cook with air-fryers.

Consultation with stakeholders

It's been an exciting year once again! We are completing our 3 year project with tenants of three housing associations in the Scottish Borders. This 3-year project started in Summer 2022. Health and nutrition topics and budgeting skills are included as part of this project We always engage with our stakeholders either in person at sessions or through social media to get their views and opinions on how best we can serve them. We successfully completed a pilot with Selkirk Regeneration, teaching people how to cook with air-fryers to help reduce their energy bills and eat healthy meals. Plus we ran a separate pilot project with SBHA targeting their most vulnerable tenants. All feedback received goes into refining all the projects we deliver going forward.

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
20 May 2025

And signed on behalf of the board by:
Name: Bosco Santimano
Status: Director