GATHER&GO CIC

Company Registration Number:
15898671 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2025

Period of accounts

Start date: 15 August 2024

End date: 31 August 2025

GATHER&GO CIC

Contents of the Financial Statements

for the Period Ended 31 August 2025

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

GATHER&GO CIC

Directors' report period ended 31 August 2025

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

Directors

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

Mr. Venkateswarlu Kommi

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
15 May 2026

And signed on behalf of the board by:
Name: Mr. Venkateswarlu Kommi
Status: Director

GATHER&GO CIC

Profit And Loss Account

for the Period Ended 31 August 2025

13 months to 31 August 2025


£
Turnover: 198,978
Cost of sales: ( 146,442 )
Gross profit(or loss): 52,536
Distribution costs: ( 50 )
Administrative expenses: ( 63,041 )
Other operating income: 1,000
Operating profit(or loss): (9,555)
Interest payable and similar charges: ( 2,261 )
Profit(or loss) before tax: (11,816)
Profit(or loss) for the financial year: (11,816)

GATHER&GO CIC

Balance sheet

As at 31 August 2025

Notes 13 months to 31 August 2025


£
Fixed assets
Tangible assets: 3 32,258
Total fixed assets: 32,258
Current assets
Debtors: 4 1,473
Cash at bank and in hand: 14,253
Total current assets: 15,726
Creditors: amounts falling due within one year: 5 ( 59,799 )
Net current assets (liabilities): (44,073)
Total assets less current liabilities: (11,815)
Total net assets (liabilities): (11,815)
Capital and reserves
Called up share capital: 1
Profit and loss account: (11,816 )
Total Shareholders' funds: ( 11,815 )

The notes form part of these financial statements

GATHER&GO CIC

Balance sheet statements

For the year ending 31 August 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 15 May 2026
and signed on behalf of the board by:

Name: Mr. Venkateswarlu Kommi
Status: Director

The notes form part of these financial statements

GATHER&GO CIC

Notes to the Financial Statements

for the Period Ended 31 August 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

    Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter. Plant and machinery etc.: Plant and machinery - 33.33% Straight Line Motor vehicles - 25% Reducing Balance Computer equipment - 25% Reducing Balance

    Other 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 historic cost convention. Going concern: In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue. The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.

GATHER&GO CIC

Notes to the Financial Statements

for the Period Ended 31 August 2025

  • 2. Employees

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

GATHER&GO CIC

Notes to the Financial Statements

for the Period Ended 31 August 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 700 1,199 41,190 43,089
Disposals
Revaluations
Transfers
At 31 August 2025 700 1,199 41,190 43,089
Depreciation
Charge for year 233 300 10,298 10,831
On disposals
Other adjustments
At 31 August 2025 233 300 10,298 10,831
Net book value
At 31 August 2025 467 899 30,892 32,258

GATHER&GO CIC

Notes to the Financial Statements

for the Period Ended 31 August 2025

4. Debtors

13 months to 31 August 2025
£
Other debtors 1,473
Total 1,473

HMRC VAT Refund due for the period 01.06.2025 to 31.08.2025

GATHER&GO CIC

Notes to the Financial Statements

for the Period Ended 31 August 2025

5. Creditors: amounts falling due within one year note

13 months to 31 August 2025
£
Amounts due under finance leases and hire purchase contracts 21,478
Accruals and deferred income 348
Other creditors 37,973
Total 59,799

Other creditors includes an amount of £21,477.50 (2024: £Nil) representing the outstanding principal capital due under a commercial hire purchase agreement, which is completely secured against the company’s motor vehicles. Accruals and deferred income relates to a provision of £348.00 for professional accountancy fees incurred during the period. At the balance sheet date, the total balance of £37,973.00 outstanding and owed to the directors for funds and assets introduced is interest-free, unsecured, and repayable on demand

COMMUNITY INTEREST ANNUAL REPORT

GATHER&GO CIC

Company Number: 15898671 (England and Wales)

Year Ending: 31 August 2025

Company activities and impact

Gather&Go CIC runs an online grocery store with a particular emphasis on serving the villages in Cambridgeshire. The online store opened for business in August 2024 and during the financial year ended 31st August 2025 Gather&GO CIC has benefitted the community in the following ways: Local residents (particularly those without access to cars and those with impaired mobility) have had groceries delivered to their doorstep and further benefitted from Gather&Go CIC’s no delivery fees policy. The company has worked closely with the community to organise the deliveries on a village cluster delivery model bringing in economies of scale by reducing overall miles per delivery which in turn allowed the company to avoid charging separate delivery fees to customers and have also managed to keep their costs low. The company has provided employment to 11 part time self-employed delivery drivers. 5 small scale importers and wholesalers of exotic and south asian fresh fruit and vegetables have benefitted through Gather&Go CIC’s distribution platform and have made sales to a wider customer base in Cambridge and surrounding villages. The company has also helped their customers in village locations to get hold of domestic cleaning services through referrals and word of mouth recommendations from the company’s customers in Cambridge city.

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
15 May 2026

And signed on behalf of the board by:
Name: Mr. Venkateswarlu Kommi
Status: Director