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 2021
Period of accounts
Start date: 31 December 2020
End date: 30 December 2021
KINDER HANDL COMMUNITY ENTERPRISE CIC
Contents of the Financial Statements
for the Period Ended 30 December 2021
| Directors report | |
| Profit and loss | |
| 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 2021
Directors
The directors shown below have held office during the whole of the period from
31 December 2020 to 30 December 2021
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
Profit And Loss Account
for the Period Ended
| 2021 | 2020 | |
|---|---|---|
| | £ | £ |
| Turnover: | | |
| Cost of sales: | ( | ( |
| Gross profit(or loss): | | |
| Administrative expenses: | ( | ( |
| Other operating income: | | |
| Operating profit(or loss): | | |
| Interest receivable and similar income: | | |
| Interest payable and similar charges: | ( | |
| Profit(or loss) before tax: | | |
| Tax: | | ( |
| Profit(or loss) for the financial year: | | |
KINDER HANDL COMMUNITY ENTERPRISE CIC
Balance sheet
As at
| Notes | 2021 | 2020 | |
|---|---|---|---|
| | £ | £ | |
| Fixed assets | |||
| Tangible assets: | 3 | | |
| Total fixed assets: | | | |
| Current assets | |||
| Debtors: | 4 | | |
| Cash at bank and in hand: | | | |
| Total current assets: | | | |
| Creditors: amounts falling due within one year: | 5 | ( | ( |
| 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
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 2021
-
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. Tangible fixed assets depreciation policy
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Other accounting policies
Leasing and Hire Purchase Contracts Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the income and expenditure account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to income and expenditure account as incurred.
KINDER HANDL COMMUNITY ENTERPRISE CIC
Notes to the Financial Statements
for the Period Ended 30 December 2021
-
2. Employees
2021 2020 Average number of employees during the period 10 4
KINDER HANDL COMMUNITY ENTERPRISE CIC
Notes to the Financial Statements
for the Period Ended 30 December 2021
3. Tangible assets
| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
|---|---|---|---|---|---|---|
| Cost | £ | £ | £ | £ | £ | £ |
| At 31 December 2020 | | | ||||
| Additions | | | ||||
| Disposals | ||||||
| Revaluations | ||||||
| Transfers | ||||||
| At 30 December 2021 | | | ||||
| Depreciation | ||||||
| At 31 December 2020 | | | ||||
| Charge for year | | | ||||
| On disposals | ||||||
| Other adjustments | ||||||
| At 30 December 2021 | | | ||||
| Net book value | ||||||
| At 30 December 2021 | | | ||||
| At 30 December 2020 | | |
KINDER HANDL COMMUNITY ENTERPRISE CIC
Notes to the Financial Statements
for the Period Ended 30 December 2021
4. Debtors
| 2021 | 2020 | |
|---|---|---|
| £ | £ | |
| Other debtors | | |
| Total | | |
KINDER HANDL COMMUNITY ENTERPRISE CIC
Notes to the Financial Statements
for the Period Ended 30 December 2021
5. Creditors: amounts falling due within one year note
| 2021 | 2020 | |
|---|---|---|
| £ | £ | |
| Bank loans and overdrafts | | |
| Amounts due under finance leases and hire purchase contracts | | |
| 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 2021
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 if not used donated onwards to other organisations including churches and schools, 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, free refreshments, 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 often provide free resources to schools to encourage a partnership in learning.We take immense pride in engaging 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 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 above the living wage salaries to those who may find it hard to work within an alternative workplace. Individuals often 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 dignity and respect.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 low availability of trades people, however, this is now changing with some pace. 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
Full details of the Directors’ renumeration are set out in our annual accounts
Transfer of assets
No transfer of assets other than for full consideration
This report was approved by the board of directors on
6 May 2022
And signed on behalf of the board by:
Name: Marni Oakley
Status: Director