WEVALUEYOU CIC

Company Registration Number:
11700941 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2023

Period of accounts

Start date: 1 December 2022

End date: 30 November 2023

WEVALUEYOU CIC

Contents of the Financial Statements

for the Period Ended 30 November 2023

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

WEVALUEYOU CIC

Directors' report period ended 30 November 2023

The directors present their report with the financial statements of the company for the period ended 30 November 2023

Principal activities of the company

Business incubator and development for community business interest projects.



Directors

The director shown below has held office during the whole of the period from
1 December 2022 to 30 November 2023

Ian Hallifax


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
31 August 2025

And signed on behalf of the board by:
Name: Ian Hallifax
Status: Director

WEVALUEYOU CIC

Profit And Loss Account

for the Period Ended 30 November 2023

2023 2022


£

£
Turnover: 274,833 97,649
Cost of sales: ( 68,020 ) ( 102,580 )
Gross profit(or loss): 206,813 (4,931)
Distribution costs: ( 1,300 ) 0
Administrative expenses: ( 206,600 ) ( 29,805 )
Operating profit(or loss): (1,087) (34,736)
Profit(or loss) before tax: (1,087) (34,736)
Profit(or loss) for the financial year: (1,087) (34,736)

WEVALUEYOU CIC

Balance sheet

As at 30 November 2023

Notes 2023 2022


£

£
Fixed assets
Intangible assets: 3 380,000 0
Tangible assets: 4 91,800 79,650
Total fixed assets: 471,800 79,650
Current assets
Debtors: 5 192,135 114,312
Total current assets: 192,135 114,312
Creditors: amounts falling due within one year: 6 ( 707,999 ) ( 255,525 )
Net current assets (liabilities): (515,864) (141,213)
Total assets less current liabilities: (44,064) ( 61,563)
Creditors: amounts falling due after more than one year: 7 ( 87,189 ) ( 49,550 )
Total net assets (liabilities): (131,253) (111,113)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (131,353 ) (111,213 )
Total Shareholders' funds: ( 131,253 ) (111,113)

The notes form part of these financial statements

WEVALUEYOU CIC

Balance sheet statements

For the year ending 30 November 2023 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 31 August 2025
and signed on behalf of the board by:

Name: Ian Hallifax
Status: Director

The notes form part of these financial statements

WEVALUEYOU CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 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

    Tangible fixed assets depreciation policy

    Assets are depreciated over their useful economic life.

    Intangible fixed assets amortisation policy

    Assets are ammortised over their useful economic life.

WEVALUEYOU CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 1 1

WEVALUEYOU CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 December 2022 18,655 18,655
Additions 380,000 380,000
Disposals
Revaluations
Transfers
At 30 November 2023 398,655 398,655
Amortisation
At 1 December 2022 18,655 18,655
Charge for year 0 0
On disposals
Other adjustments
At 30 November 2023 18,655 18,655
Net book value
At 30 November 2023 380,000 380,000
At 30 November 2022 0 0

WEVALUEYOU CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 December 2022 55,350 32,400 87,750
Additions 12,150 12,150
Disposals
Revaluations
Transfers
At 30 November 2023 67,500 32,400 99,900
Depreciation
At 1 December 2022 8,100 8,100
Charge for year
On disposals
Other adjustments
At 30 November 2023 8,100 8,100
Net book value
At 30 November 2023 67,500 24,300 91,800
At 30 November 2022 55,350 24,300 79,650

WEVALUEYOU CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

5. Debtors

2023 2022
£ £
Trade debtors 44,363 33,360
Prepayments and accrued income 15,010
Other debtors 132,762 80,952
Total 192,135 114,312

WEVALUEYOU CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

6. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 409,479 113,339
Taxation and social security 19,671
Other creditors 278,849 142,186
Total 707,999 255,525

WEVALUEYOU CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

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

2023 2022
£ £
Other creditors 87,189 49,550
Total 87,189 49,550

COMMUNITY INTEREST ANNUAL REPORT

WEVALUEYOU CIC

Company Number: 11700941 (England and Wales)

Year Ending: 30 November 2023

Company activities and impact

Supporting business development and incubation in many sectors.

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
31 August 2025

And signed on behalf of the board by:
Name: Ian Hallifax
Status: Director