Contents of the Financial Statements

for the Period Ended 30 December 2020

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

Directors' report period ended 30 December 2020

The directors present their report with the financial statements of the company for the period ended 30 December 2020

Directors

The directors shown below have held office during the whole of the period from
1 January 2020 to 30 December 2020

Mr David Hart
Mr Ben Crampin
Mr Lucien Bartram
Mr William Miles Mann

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
27 September 2021

And signed on behalf of the board by:
Name: Mr Ben Crampin
Status: Director

Profit And Loss Account

for the Period Ended 30 December 2020

	2020	13 months to 31 December 2019
	£	£
Turnover:	4,170	2,332
Gross profit(or loss):	4,170	2,332
Administrative expenses:	( 4,170 )	( 2,332 )
Operating profit(or loss):	0	0
Profit(or loss) before tax:	0	0
Profit(or loss) for the financial year:	0	0

Balance sheet

As at 30 December 2020

	Notes	2020	13 months to 31 December 2019
		£	£
Current assets
Debtors:	3	629	3,728
Cash at bank and in hand:		213,037	115,795
Total current assets:		213,666	119,523
Creditors: amounts falling due within one year:	4	( 1,587 )	( 6,140 )
Net current assets (liabilities):		212,079	113,383
Total assets less current liabilities:		212,079	113,383
Accruals and deferred income:		( 212,079 )	( 113,383 )
Total net assets (liabilities):		0	0
Members' funds
Profit and loss account:		0	0
Total members' funds:		0	0

The notes form part of these financial statements

Balance sheet statements

For the year ending 30 December 2020 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 notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 30 December 2020

• 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 for goods supplied and services rendered, net of discounts and Value Added Tax.Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

  Valuation information and policy

  A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.Debt instruments are subsequently measured at amortised cost.Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

  Other accounting policies

  Company limited by guaranteeThe company is a private company limited by guarantee, registered in England and Wales. The address of the registered office is 81 The Cut, London, SE1 8LL, United Kingdom.

Notes to the Financial Statements

for the Period Ended 30 December 2020

• 2. Employees

  	2020	13 months to 31 December 2019
  Average number of employees during the period	0	0