STELLA RIVERSIDE (GATESHEAD) CIC

Company limited by guarantee

Company Registration Number:
12252032 (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

STELLA RIVERSIDE (GATESHEAD) CIC

Contents of the Financial Statements

for the Period Ended 31 October 2024

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

STELLA RIVERSIDE (GATESHEAD) CIC

Profit And Loss Account

for the Period Ended 31 October 2024

2024 2023


£

£
Turnover: 32,851 32,851
Cost of sales: ( 17,666 ) ( 13,061 )
Gross profit(or loss): 15,185 19,790
Administrative expenses: ( 15,185 ) ( 19,790 )
Operating profit(or loss): 0 0
Profit(or loss) before tax: 0 0
Profit(or loss) for the financial year: 0 0

STELLA RIVERSIDE (GATESHEAD) CIC

Balance sheet

As at 31 October 2024

Notes 2024 2023


£

£
Fixed assets
Investments: 3 566,399 566,399
Total fixed assets: 566,399 566,399
Current assets
Debtors: 4 22,602 16,032
Cash at bank and in hand: 1 1
Total current assets: 22,603 16,033
Creditors: amounts falling due within one year: 5 ( 589,002 ) ( 582,432 )
Net current assets (liabilities): (566,399) (566,399)
Total assets less current liabilities: 0 0
Total net assets (liabilities): 0 0
Members' funds
Profit and loss account: 0 0
Total members' funds: 0 0

The notes form part of these financial statements

STELLA RIVERSIDE (GATESHEAD) 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.

This report was approved by the board of directors on 1 November 2024
and signed on behalf of the board by:

Name: Ashley Maddock
Status: Director

The notes form part of these financial statements

STELLA RIVERSIDE (GATESHEAD) 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

STELLA RIVERSIDE (GATESHEAD) CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

STELLA RIVERSIDE (GATESHEAD) CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

3. Fixed assets investments note

This is the initial monies transferred over from the developer

STELLA RIVERSIDE (GATESHEAD) CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

4. Debtors

2024 2023
£ £
Trade debtors 22,602 16,032
Total 22,602 16,032

STELLA RIVERSIDE (GATESHEAD) CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Other creditors 589,002 582,432
Total 589,002 582,432

COMMUNITY INTEREST ANNUAL REPORT

STELLA RIVERSIDE (GATESHEAD) CIC

Company Number: 12252032 (England and Wales)

Year Ending: 31 October 2024

Company activities and impact

Residents can influence decisions through community engagement or direct involvement. This ensured that the development and maintenance of the space align with local needs and values. initiatives like tree planting, wildflower meadows, and creating wildlife habitats have taken place

Consultation with stakeholders

Community days have been held on site with residents involvement, we have liaised also with the local council to get improvements to the elements that they manage. RSPB have also been involved with special landscape management plans for certain areas

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
1 November 2024

And signed on behalf of the board by:
Name: Ashley Maddock
Status: Director