Companies House 14943292 2026-06-30 2026-06-30 2025-07-01 false iso4217:GBP xbrli:pure 14943292 2024-07-01 2025-06-30 14943292 2026-06-30 14943292 2025-07-01 2026-06-30 14943292 2025-06-30 14943292 curr:PoundSterling 2025-07-01 2026-06-30 14943292 uk-bus:CompanyLimitedByGuarantee 2025-07-01 2026-06-30 14943292 uk-bus:FRS102 2025-07-01 2026-06-30 14943292 uk-bus:AuditExempt-NoAccountantsReport 2025-07-01 2026-06-30 14943292 uk-bus:FullAccounts 2025-07-01 2026-06-30 14943292 uk-bus:RegisteredOffice 2025-07-01 2026-06-30 14943292 uk-bus:Director1 2025-07-01 2026-06-30 14943292 uk-bus:Director2 2025-07-01 2026-06-30 14943292 uk-bus:Director3 2025-07-01 2026-06-30 14943292 uk-bus:Director4 2025-07-01 2026-06-30 14943292 uk-bus:Director5 2025-07-01 2026-06-30 14943292 uk-bus:Director6 2025-07-01 2026-06-30 14943292 uk-bus:Director7 2025-07-01 2026-06-30 14943292 uk-bus:Director8 2025-07-01 2026-06-30 14943292 uk-bus:Director9 2025-07-01 2026-06-30 14943292 uk-bus:Director10 2025-07-01 2026-06-30 14943292 uk-bus:Director11 2025-07-01 2026-06-30 14943292 uk-bus:Director12 2025-07-01 2026-06-30 14943292 uk-bus:Director13 2025-07-01 2026-06-30 14943292 uk-bus:Director14 2025-07-01 2026-06-30 14943292 uk-bus:Director15 2025-07-01 2026-06-30 14943292 uk-bus:Director16 2025-07-01 2026-06-30 14943292 uk-bus:Director17 2025-07-01 2026-06-30 14943292 uk-bus:Director18 2025-07-01 2026-06-30 14943292 uk-bus:Director19 2025-07-01 2026-06-30 14943292 uk-bus:Director20 2025-07-01 2026-06-30 14943292 uk-bus:Director21 2025-07-01 2026-06-30 14943292 uk-bus:CompanySecretary1 2025-07-01 2026-06-30 14943292 core:AfterOneYear 2026-06-30 14943292 core:AfterOneYear 2025-06-30 14943292 core:WithinOneYear 2026-06-30 14943292 core:WithinOneYear 2025-06-30 14943292 core:WithinOneYear 2025-07-01 2026-06-30 14943292 core:AfterOneYear 2026-06-30 14943292 core:AfterOneYear 2025-06-30 14943292 core:AfterOneYear 2025-07-01 2026-06-30 14943292 core:ShareCapital 2026-06-30 14943292 core:ShareCapital 2025-06-30 14943292 core:SharePremium 2026-06-30 14943292 core:SharePremium 2025-06-30 14943292 core:OtherReservesSubtotal 2026-06-30 14943292 core:OtherReservesSubtotal 2025-06-30 14943292 core:RevaluationReserve 2026-06-30 14943292 core:RevaluationReserve 2025-06-30 14943292 core:RetainedEarningsAccumulatedLosses 2026-06-30 14943292 core:RetainedEarningsAccumulatedLosses 2025-06-30 14943292 1 2025-07-01 2026-06-30 14943292 2 2025-07-01 2026-06-30 14943292 3 2025-07-01 2026-06-30 14943292 core:LandBuildings 2025-07-01 2026-06-30 14943292 core:LandBuildings 2026-06-30 14943292 core:LandBuildings 2024-07-01 2025-06-30 14943292 core:LandBuildings 2025-06-30 14943292 core:PlantMachinery 2025-07-01 2026-06-30 14943292 core:PlantMachinery 2026-06-30 14943292 core:PlantMachinery 2024-07-01 2025-06-30 14943292 core:PlantMachinery 2025-06-30 14943292 core:FurnitureFittingsToolsEquipment 2025-07-01 2026-06-30 14943292 core:FurnitureFittingsToolsEquipment 2026-06-30 14943292 core:FurnitureFittingsToolsEquipment 2024-07-01 2025-06-30 14943292 core:FurnitureFittingsToolsEquipment 2025-06-30 14943292 core:OfficeEquipment 2025-07-01 2026-06-30 14943292 core:OfficeEquipment 2026-06-30 14943292 core:OfficeEquipment 2024-07-01 2025-06-30 14943292 core:OfficeEquipment 2025-06-30 14943292 core:Vehicles 2025-07-01 2026-06-30 14943292 core:Vehicles 2026-06-30 14943292 core:Vehicles 2024-07-01 2025-06-30 14943292 core:Vehicles 2025-06-30 14943292 core:NetGoodwill 2025-07-01 2026-06-30 14943292 core:NetGoodwill 2026-06-30 14943292 core:NetGoodwill 2024-07-01 2025-06-30 14943292 core:NetGoodwill 2025-06-30 14943292 core:IntangibleAssetsOtherThanGoodwill 2025-07-01 2026-06-30 14943292 core:IntangibleAssetsOtherThanGoodwill 2026-06-30 14943292 core:IntangibleAssetsOtherThanGoodwill 2024-07-01 2025-06-30 14943292 core:IntangibleAssetsOtherThanGoodwill 2025-06-30

# TORBAY SCRAPSTORE CIC

## Company limited by guarantee

## Company Registration Number:
14943292 (England and Wales)

## Unaudited statutory accounts for the year ended 30 June 2026

## Period of accounts

## Start date: 1 July 2025

## End date: 30 June 2026

# TORBAY SCRAPSTORE CIC

## Contents of the Financial Statements

for the Period Ended 30 June 2026

Balance sheet |
Additional notes |
Balance sheet notes |
Community Interest Report |

# TORBAY SCRAPSTORE CIC

## Balance sheet

As at 30 June 2026

| Notes | 2026 | 2025
--- | --- | --- | ---
|  | £ | £
Fixed assets
Intangible assets: |  | 0 | 0
Tangible assets: |  | 0 | 0
Investments: |  | 0 | 0
Total fixed assets: |  | 0 | 0
Current assets
Stocks: | 3 | 300 | 300
Debtors: | 4 | 6,352 | 6,544
Cash at bank and in hand: |  | 9,272 | 2,381
Total current assets: |  | 15,924 | 9,225
Prepayments and accrued income: |  | 0 | 0
Creditors: amounts falling due within one year: | 5 | ( 15,288 ) | ( 10,457 )
Net current assets (liabilities): |  | 636 | (1,232)
Total assets less current liabilities: |  | 636 | ( 1,232)
Total net assets (liabilities): |  | 636 | (1,232)
Members' funds
Profit and loss account: |  | 636 | ( 1,232)
Total members' funds: |  | 636 | (1,232)

The notes form part of these financial statements

# TORBAY SCRAPSTORE CIC

## Balance sheet statements

For the year ending 30 June 2026 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 1 August 2026
and signed on behalf of the board by:

Name: Melissa Bradburn
Status: Director

The notes form part of these financial statements

# TORBAY SCRAPSTORE CIC

## Notes to the Financial Statements

for the Period Ended 30 June 2026

- ## 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, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.Sale of goods Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods. Rendering of services Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

  Other accounting policies

  Stocks and Work in Progress Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses. 2.4. Taxation Income tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable surplus for the year. Taxable surplus differs from surplus as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable surplus. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable surplus will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable surplus will be available to allow all or part of the asset to be recovered. Page 3 ...CONTINUEDTorbay Scrapstore Cic Notes to the Financial Statements (continued) For The Year Ended 30 June 2026 2.4. Taxation - continued Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities. Current and deferred tax are recognised in surplus or deficit for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

# TORBAY SCRAPSTORE CIC

## Notes to the Financial Statements

for the Period Ended 30 June 2026

- ## 2. Employees

  | 2026 | 2025
  --- | --- | ---
  Average number of employees during the period | 1 | 1

# TORBAY SCRAPSTORE CIC

## Notes to the Financial Statements

for the Period Ended 30 June 2026

## 3. Stocks

| 2026 | 2025
--- | --- | ---
| £ | £
Stocks | 300 | 300
Total | 300 | 300

# TORBAY SCRAPSTORE CIC

## Notes to the Financial Statements

for the Period Ended 30 June 2026

## 4. Debtors

| 2026 | 2025
--- | --- | ---
| £ | £
Trade debtors | 922 | 900
Other debtors | 5,430 | 5,644
Total | 6,352 | 6,544

# TORBAY SCRAPSTORE CIC

## Notes to the Financial Statements

for the Period Ended 30 June 2026

## 5. Creditors: amounts falling due within one year note

| 2026 | 2025
--- | --- | ---
| £ | £
Trade creditors | 169 |
Taxation and social security | 143 |
Other creditors | 14,976 | 10,457
Total | 15,288 | 10,457

# COMMUNITY INTEREST ANNUAL REPORT

### TORBAY SCRAPSTORE CIC

### Company Number: 14943292 (England and Wales)

### Year Ending: 30 June 2026

Company activities and impact

Raising funds through the retail space selling donations of arts, crafts and waste from local businesses and the community saving it from landfill. We also have raised funds within the community coffee shop, providing low cost workshops and a ‘rent a shelf’ space to local creators. It will/has benefitted the community by having somewhere for individuals and businesses to donate their scrap & arts and crafts resources that would otherwise end up in landfill, Providing affordable and low cost art and crafts supplies, providing volunteer placements. Provide a safe and inclusive space for people to come to learn new skills, learn how to repurpose things, meet new people, improve social isolation, wellbeing and mental health. We have run a number of funded workshops throughout the year. This has included a grant funded project for people who are 65 years old and over. Over the last year, Make & Mingle has become a valued community lifeline for older people in Torbay. Through free creative sessions, the project has helped reduce loneliness, improve wellbeing, build confidence and create lasting friendships. Participants have learned new creative skills while transforming reclaimed materials into artwork, demonstrating the environmental benefits of reuse alongside the social benefits of connection. Many attendees now describe the sessions as the highlight of their week, with friendships extending beyond the group and increased confidence encouraging wider participation in community life. The project has successfully combined creativity, sustainability and social inclusion to improve the lives of older residents across Torbay.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

£4,800

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
29 July 2026

And signed on behalf of the board by:
Name: Melissa Bradburn
Status: Director