NOTTINGHAM COMMONS CARGOBIKE CIC

NOTTINGHAM COMMONS CARGOBIKE CIC

NOTTINGHAM COMMONS CARGOBIKE CIC - Company Information

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NOTTINGHAM COMMONS CARGOBIKE CIC

Company limited by guarantee

Company Registration Number:
13026185 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2021

Period of accounts

Start date: 17 November 2020

End date: 30 November 2021

NOTTINGHAM COMMONS CARGOBIKE CIC

Contents of the Financial Statements

for the Period Ended 30 November 2021

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

NOTTINGHAM COMMONS CARGOBIKE CIC

Profit And Loss Account

for the Period Ended 30 November 2021

2021


£
Turnover: 2,737
Cost of sales: ( 8,380 )
Gross profit(or loss): (5,643)
Distribution costs: 0
Administrative expenses: ( 67 )
Other operating income: 0
Operating profit(or loss): (5,710)
Profit(or loss) before tax: (5,710)
Profit(or loss) for the financial year: (5,710)

NOTTINGHAM COMMONS CARGOBIKE CIC

Balance sheet

As at 30 November 2021

Notes 2021


£
Fixed assets
Intangible assets:   0
Tangible assets: 3 8,447
Investments:   0
Total fixed assets: 8,447
Current assets
Stocks:   0
Debtors:   0
Cash at bank and in hand: 0
Investments:   0
Total current assets: 0
Prepayments and accrued income: 0
Creditors: amounts falling due within one year: 4 ( 10,056 )
Net current assets (liabilities): (10,056)
Total assets less current liabilities: (1,609)
Creditors: amounts falling due after more than one year:   0
Provision for liabilities: 0
Accruals and deferred income: 0
Total net assets (liabilities): (1,609)
Members' funds
Profit and loss account: (1,609)
Total members' funds: ( 1,609)

The notes form part of these financial statements

NOTTINGHAM COMMONS CARGOBIKE CIC

Balance sheet statements

For the year ending 30 November 2021 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 14 August 2022
and signed on behalf of the board by:

Name: Adam Garretty
Status: Director

The notes form part of these financial statements

NOTTINGHAM COMMONS CARGOBIKE CIC

Notes to the Financial Statements

for the Period Ended 30 November 2021

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

NOTTINGHAM COMMONS CARGOBIKE CIC

Notes to the Financial Statements

for the Period Ended 30 November 2021

  • 2. Employees

    2021
    Average number of employees during the period 2

NOTTINGHAM COMMONS CARGOBIKE CIC

Notes to the Financial Statements

for the Period Ended 30 November 2021

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 0 0 0 0 8,447 8,447
Disposals 0 0 0 0 0 0
Revaluations 0 0 0 0 0 0
Transfers 0 0 0 0 0 0
At 30 November 2021 0 0 0 0 8,447 8,447
Depreciation
Charge for year 0 0 0 0 0 0
On disposals 0 0 0 0 0 0
Other adjustments 0 0 0 0 0 0
At 30 November 2021 0 0 0 0 0 0
Net book value
At 30 November 2021 0 0 0 0 8,447 8,447

NOTTINGHAM COMMONS CARGOBIKE CIC

Notes to the Financial Statements

for the Period Ended 30 November 2021

4. Creditors: amounts falling due within one year note

2021
£
Bank loans and overdrafts 0
Amounts due under finance leases and hire purchase contracts 0
Trade creditors 0
Taxation and social security 0
Accruals and deferred income 0
Other creditors 10,056
Total 10,056

COMMUNITY INTEREST ANNUAL REPORT

NOTTINGHAM COMMONS CARGOBIKE CIC

Company Number: 13026185 (England and Wales)

Year Ending: 30 November 2021

Company activities and impact

The company was set up to provide cargo bikes to Nottingham residents and businesses to reduce private car and van use.The bikes are available on a pay what you can basis to make them available to people on a range of incomes.One local business stopped all motor vehicle use from use of the cargobikes.Most of the users went on to buy their own cargobike reducing their car use after using the companies' bikes.

Consultation with stakeholders

Stakeholders are local residents and businesses who were surveyed to access the need and potential impact of the bikes.The survey identified the most useful type of bike was to stop short journeys that usually require a car - such as a supermarket shopping trip.

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
7 October 2022

And signed on behalf of the board by:
Name: Adam Garretty
Status: Director