IF AND THEN C.I.C.

Company Registration Number:
09745865 (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

IF AND THEN C.I.C.

Contents of the Financial Statements

for the Period Ended 31 August 2024

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

IF AND THEN C.I.C.

Profit And Loss Account

for the Period Ended 31 August 2024

2024 2023


£

£
Turnover: 86,283
Cost of sales: ( 2,801 )
Gross profit(or loss): 83,482
Distribution costs: ( 5,993 ) ( 10,584 )
Administrative expenses: ( 30,136 ) ( 153,333 )
Operating profit(or loss): (36,129) (80,435)
Interest payable and similar charges: ( 8,168 ) ( 765 )
Profit(or loss) before tax: (44,297) (81,200)
Profit(or loss) for the financial year: (44,297) (81,200)

IF AND THEN C.I.C.

Balance sheet

As at 31 August 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 8,783 20,020
Total fixed assets: 8,783 20,020
Current assets
Debtors: 4 778 779
Total current assets: 778 779
Creditors: amounts falling due within one year: 5 ( 110,922 ) ( 63,366 )
Net current assets (liabilities): (110,144) (62,587)
Total assets less current liabilities: (101,361) ( 42,567)
Creditors: amounts falling due after more than one year: 6 ( 47,298 ) ( 61,795 )
Total net assets (liabilities): (148,659) (104,362)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (148,759 ) (104,462 )
Total Shareholders' funds: ( 148,659 ) (104,362)

The notes form part of these financial statements

IF AND THEN C.I.C.

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 5 August 2025
and signed on behalf of the board by:

Name: Kai BASTARD
Status: Director

The notes form part of these financial statements

IF AND THEN C.I.C.

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

IF AND THEN C.I.C.

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 4

IF AND THEN C.I.C.

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 1,988 29,905 54,819 86,712
Additions
Disposals
Revaluations
Transfers
At 31 August 2024 1,988 29,905 54,819 86,712
Depreciation
At 1 September 2023 1,474 22,121 43,097 66,692
Charge for year 398 5,697 5,142 11,237
On disposals
Other adjustments
At 31 August 2024 1,872 27,818 48,239 77,929
Net book value
At 31 August 2024 116 2,087 6,580 8,783
At 31 August 2023 514 7,784 11,722 20,020

IF AND THEN C.I.C.

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Debtors

2024 2023
£ £
Prepayments and accrued income 778 779
Total 778 779

IF AND THEN C.I.C.

Notes to the Financial Statements

for the Period Ended 31 August 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 1,899 3,318
Trade creditors 2,422
Taxation and social security 16,982 16,639
Other creditors 89,619 43,409
Total 110,922 63,366

IF AND THEN C.I.C.

Notes to the Financial Statements

for the Period Ended 31 August 2024

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

2024 2023
£ £
Bank loans and overdrafts 47,298 61,795
Total 47,298 61,795

COMMUNITY INTEREST ANNUAL REPORT

IF AND THEN C.I.C.

Company Number: 09745865 (England and Wales)

Year Ending: 31 August 2024

Company activities and impact

Company supported work experience, college students and community with creative photographic projects and education.

Consultation with stakeholders

No consultation with stakeholders

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
5 August 2025

And signed on behalf of the board by:
Name: Kai BASTARD
Status: Director