ASSOCIATION OF PENSIONS & BENEFITS CLAIMANTS CIC
ASSOCIATION OF PENSIONS & BENEFITS CLAIMANTS CIC
ASSOCIATION OF PENSIONS & BENEFITS CLAIMANTS CIC
Company Registration Number:
07994424 (England and Wales)
Unaudited statutory accounts for the year ended 31 March 2022
Period of accounts
Start date: 1 April 2021
End date: 31 March 2022
ASSOCIATION OF PENSIONS & BENEFITS CLAIMANTS CIC
Contents of the Financial Statements
for the Period Ended 31 March 2022
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
ASSOCIATION OF PENSIONS & BENEFITS CLAIMANTS CIC
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 March 2022
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
1 April 2021 to 31 March 2022
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
And signed on behalf of the board by:
Name:
Status: Director
ASSOCIATION OF PENSIONS & BENEFITS CLAIMANTS CIC
Profit And Loss Account
for the Period Ended
2022 | 2021 | |
---|---|---|
| £ | £ |
Turnover: | | |
Gross profit(or loss): | | |
Administrative expenses: | ( | ( |
Other operating income: | | |
Operating profit(or loss): | ( | ( |
Interest receivable and similar income: | | |
Profit(or loss) before tax: | ( | ( |
Tax: | ( | ( |
Profit(or loss) for the financial year: | ( | ( |
ASSOCIATION OF PENSIONS & BENEFITS CLAIMANTS CIC
Balance sheet
As at
Notes | 2022 | 2021 | |
---|---|---|---|
| £ | £ | |
Fixed assets | |||
Tangible assets: | 3 | | |
Total fixed assets: | | | |
Current assets | |||
Cash at bank and in hand: | | | |
Total current assets: | | | |
Creditors: amounts falling due within one year: | 4 | ( | ( |
Net current assets (liabilities): | ( | ( | |
Total assets less current liabilities: | ( | ( | |
Provision for liabilities: | ( | ( | |
Total net assets (liabilities): | ( | ( | |
Capital and reserves | |||
Called up share capital: | | | |
Profit and loss account: | ( | ( | |
Total Shareholders' funds: | ( | ( |
The notes form part of these financial statements
ASSOCIATION OF PENSIONS & BENEFITS CLAIMANTS CIC
Balance sheet statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
ASSOCIATION OF PENSIONS & BENEFITS CLAIMANTS CIC
Notes to the Financial Statements
for the Period Ended 31 March 2022
-
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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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. Tangible fixed assets depreciation policy
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:Plant and Machinery - Over 4 yearsFixtures, Fittings, tools & Equipment - Over 4 years Other accounting policies
CreditorsShort term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.TaxationA current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.ProvisionsProvisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
ASSOCIATION OF PENSIONS & BENEFITS CLAIMANTS CIC
Notes to the Financial Statements
for the Period Ended 31 March 2022
-
2. Employees
2022 2021 Average number of employees during the period 0 0
ASSOCIATION OF PENSIONS & BENEFITS CLAIMANTS CIC
Notes to the Financial Statements
for the Period Ended 31 March 2022
3. Tangible assets
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
---|---|---|---|---|---|---|
Cost | £ | £ | £ | £ | £ | £ |
At 1 April 2021 | | | | |||
Additions | | | ||||
Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 31 March 2022 | | | | |||
Depreciation | ||||||
At 1 April 2021 | | | | |||
Charge for year | | | | |||
On disposals | ||||||
Other adjustments | ||||||
At 31 March 2022 | | | | |||
Net book value | ||||||
At 31 March 2022 | | | | |||
At 31 March 2021 | | | |
ASSOCIATION OF PENSIONS & BENEFITS CLAIMANTS CIC
Notes to the Financial Statements
for the Period Ended 31 March 2022
4. Creditors: amounts falling due within one year note
2022 | 2021 | |
---|---|---|
£ | £ | |
Trade creditors | | |
Other creditors | | |
Total | | |
COMMUNITY INTEREST ANNUAL REPORT
ASSOCIATION OF PENSIONS & BENEFITS CLAIMANTS CIC
Company Number: 07994424 (England and Wales)
Year Ending: 31 March 2022
The Association of Pension & Benefits Claimants CIC has launched a project called SAILING WELLNESS to help those suffering from mental health issues. By teaching people to learn to sail using RC (radio controlled) sailboats we plan to keep sufferers safely on shore while teaching them the theory and practise of sailing. The principal advantage of this is that we do not have to take risks going afloat with people such as ex. military who can have panic attacks if helicopters fly overhead. We have sourced some beautiful locations free from powerboats, jet skis and other noise. Anglia Water/ Affinity Water have offered us their support and they have a large portfolio of reservoirs near Colchester and in Central England, for example Graham Water and Rutland Water. Getting people sailing helps break the cycle of rumination where people go over and over ‘what went wrong’. Our cohort, having learned basic skills, can (if they wish) transfer to larger boats, dinghies, or yachts with a good basic understanding of sailing theory and practise. We will launch SAILING WELLNESS in 2014, in the meantime we continue to provide, News, Information and Signposting to our core community of ‘strugglers’.We have a wide network of advisers and helpers from the sailing and mental health community. Our project has been endorsed by the International Stress Management Association and we have been made members this year. We continue to attract support in the sailing community.
No consultation with stakeholders
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
27 October 2022
And signed on behalf of the board by:
Name: Simon Collyer
Status: Director