WARE INDEPENDENT TRADERS C.I.C.

Company limited by guarantee

Company Registration Number:
15539547 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2025

Period of accounts

Start date: 4 March 2024

End date: 31 March 2025

WARE INDEPENDENT TRADERS C.I.C.

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

WARE INDEPENDENT TRADERS C.I.C.

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

Directors

The directors shown below have held office during the period of
20 May 2024 to 31 March 2025

Holly Gough
Marina Buswell


The director shown below has held office during the whole of the period from
4 March 2024 to 31 March 2025

Sam Dore


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
4 November 2025

And signed on behalf of the board by:
Name: Sam Dore
Status: Director

WARE INDEPENDENT TRADERS C.I.C.

Profit And Loss Account

for the Period Ended 31 March 2025

13 months to 31 March 2025


£
Turnover: 0
Gross profit(or loss): 0
Administrative expenses: ( 2,282 )
Other operating income: 2,500
Operating profit(or loss): 218
Profit(or loss) before tax: 218
Tax: ( 41 )
Profit(or loss) for the financial year: 177

WARE INDEPENDENT TRADERS C.I.C.

Balance sheet

As at 31 March 2025

Notes 13 months to 31 March 2025


£
Current assets
Cash at bank and in hand: 1,200
Total current assets: 1,200
Creditors: amounts falling due within one year: 3 ( 1,023 )
Net current assets (liabilities): 177
Total assets less current liabilities: 177
Total net assets (liabilities): 177
Members' funds
Profit and loss account: 177
Total members' funds: 177

The notes form part of these financial statements

WARE INDEPENDENT TRADERS C.I.C.

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

Name: Sam Dore
Status: Director

The notes form part of these financial statements

WARE INDEPENDENT TRADERS C.I.C.

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

    Other accounting policies

    ACCOUNTING POLICIES Basis of preparing the financial statements These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. Taxation Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. Current or deferred taxation assets and liabilities are not discounted. Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

WARE INDEPENDENT TRADERS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 2. Employees

    13 months to 31 March 2025
    Average number of employees during the period 0

WARE INDEPENDENT TRADERS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Creditors: amounts falling due within one year note

13 months to 31 March 2025
£
Taxation and social security 41
Accruals and deferred income 982
Total 1,023

COMMUNITY INTEREST ANNUAL REPORT

WARE INDEPENDENT TRADERS C.I.C.

Company Number: 15539547 (England and Wales)

Year Ending: 31 March 2025

Company activities and impact

The specific community is the independent traders of Ware Town Centre but also the group will provide benefit to the whole community of Ware, Hertfordshire by improving the High Street (Town centre) so that it is a vibrant centre of commerce and community activity that supports the health (in its widest sense) of local residents and businesses. We have provided a number of traders with free consultation on shopfront layout and marketing strategy, the result being a number of shops adding additional signage to increase footfall. Provided traders with informational leaflets on upcoming events to get involved with in the town centre. Set up a Christmas shopfront competition for traders to boost festive displays, and offering prizes for the best displayed shops.

Consultation with stakeholders

We followed up on feedback for our shop front consultations and have had positive feedback from the businesses involved. For example, one of the shops in our high street was a yoga studio / cafe, but from the consultation had feedback that customers couldn't tell what they did from looking at the shopfront, and it didn't look inviting. This led to her making changes to her studio, which has resulted in increased footfall and she has given positive feedback about the changes.

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
4 November 2025

And signed on behalf of the board by:
Name: Sam Dore
Status: Director