KINDER HANDL COMMUNITY ENTERPRISE CIC
KINDER HANDL COMMUNITY ENTERPRISE CIC
KINDER HANDL COMMUNITY ENTERPRISE CIC
Company limited by guarantee
Company Registration Number:
SC583026 (Scotland)
Unaudited statutory accounts for the year ended 30 December 2020
Period of accounts
Start date: 31 December 2019
End date: 30 December 2020
KINDER HANDL COMMUNITY ENTERPRISE CIC
Contents of the Financial Statements
for the Period Ended 30 December 2020
| Directors report | |
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
KINDER HANDL COMMUNITY ENTERPRISE CIC
Directors' report period ended
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
31 December 2019 to 30 December 2020
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
KINDER HANDL COMMUNITY ENTERPRISE CIC
Balance sheet
As at
| Notes | 2020 | 2019 | |
|---|---|---|---|
| | £ | £ | |
| Current assets | |||
| Cash at bank and in hand: | | | |
| Total current assets: | | | |
| Creditors: amounts falling due within one year: | 3 | ( | ( |
| Net current assets (liabilities): | | ( | |
| Total assets less current liabilities: | | ( | |
| Total net assets (liabilities): | | ( | |
| Members' funds | |||
| Profit and loss account: | | ( | |
| Total members' funds: | | ( |
The notes form part of these financial statements
KINDER HANDL COMMUNITY ENTERPRISE CIC
Balance sheet statements
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
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
KINDER HANDL COMMUNITY ENTERPRISE CIC
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, net of discounts and value added taxes. Turnover includes revenueearned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similarallowances. Other accounting policies
Sale of goodsTurnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This isusually at the point that the customer has signed for the delivery of the goods.Rendering of servicesTurnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract ismeasured by comparing the costs incurred for work performed to date to the total estimatedcontract costs. Turnover is only recognised to the extentof recoverable expenses when the outcome of a contract cannot be estimated reliably.
KINDER HANDL COMMUNITY ENTERPRISE CIC
Notes to the Financial Statements
for the Period Ended 30 December 2020
-
2. Employees
2020 2019 Average number of employees during the period 4 4
KINDER HANDL COMMUNITY ENTERPRISE CIC
Notes to the Financial Statements
for the Period Ended 30 December 2020
3. Creditors: amounts falling due within one year note
| 2020 | 2019 | |
|---|---|---|
| £ | £ | |
| Bank loans and overdrafts | | |
| Taxation and social security | | |
| Accruals and deferred income | | |
| Other creditors | | |
| Total | | |
COMMUNITY INTEREST ANNUAL REPORT
KINDER HANDL COMMUNITY ENTERPRISE CIC
Company Number: SC583026 (Scotland)
Year Ending: 30 December 2020
Company activities and impact
Kinder Handl Community Enterprise CIC is proud to offer all members of the community from diverse backgrounds, the opportunity to spend time and socialise within our community spaces. The two shops provide a welcoming, comfortable, and safe environment. There are refreshments and staff/volunteers available for befriending and to engage in social activities, such as games, jigsaws etc.These facilities are offered on a free basis to enable anyone who may feel isolated or lonely to be part of their local community. This is permitted by the sale of donations so generously provided by community members. The donations are recycled, and this enables a reduction in landfill and the opportunity to buy low cost yet high-quality second-hand goods.Whole community inclusion is the key to our continuation. Through all ages we enjoy the company of babies and young children at our children’s store as they learn through free play, all the way up to our more senior friends who participate in general socialising and quiet reading at the adult’s/homeware store.There are several areas within the children’s shop for educational purposes. A reading area, playroom, and creativity space. We engage with their families to support and encourage the benefits of play and recycling. This is a free resource offered 6 days a week, which in turn enables families and carers many opportunities to join in. The facility also provides free school uniform and nappies throughout the year and if a family is in need, we can provide the essentials without question.We also engage with Glasgow Social Work, Families First and Health Visitors. They can (in partnership with us), offer confidential advice and close contact with the needs of struggling families. We provide the free resources such as toys, clothing, and furniture.The sale of donations awards the opportunity of employing staff who live with mental health struggles and physical disabilities. We offer every opportunity to mentor and provide a salary to those who may find it hard to work within an alternative environment and thrive in a warm inclusive community space. Training and ongoing support is offered, and any additional needs are accommodated to allow these individuals equality and a chance to earn a living wage.We have not been able to accommodate the numbers of students trying to attain their Duke of Edinburgh awards or allow for as many volunteering positions due to the pandemic. We expect that to change as and when it is safe to do so. The students and volunteers normally fulfil their roles in many ways with a vast range of duties on offer. This increases their confidence and desirability for work in the future. The collaboration with colleges has been on hold too, and we look forward to providing the support and provisions for mature students with additional needs as soon as possible.We are hopeful, that our sensory room will be available for many as soon as we are able to finish the project. It has been difficult to complete due to the closure of the shops. The aim is to provide free access, where the community can play, participate in planned activities, or relax dependent on the needs of the child.Kinder Handl Community Enterprise CIC engages in many social areas across two community spaces, and we feel that we satisfy the criteria of being a community interest company.
Consultation with stakeholders
No consultation with stakeholders
Directors' remuneration
Directors salary of £6,348 were received. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director's loss of office, which need to be disclosed.
Transfer of assets
No transfer of assets other than for full consideration
This report was approved by the board of directors on
28 September 2021
And signed on behalf of the board by:
Name: Mrs Marni Oakley
Status: Director