KATWALK KIMBERLEYS CIC

KATWALK KIMBERLEYS CIC

KATWALK KIMBERLEYS CIC - Company Information

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KATWALK KIMBERLEYS CIC

Company limited by guarantee

Company Registration Number:
09062434 (England and Wales)

Unaudited statutory accounts for the year ended 30 May 2023

Period of accounts

Start date: 31 May 2022

End date: 30 May 2023

KATWALK KIMBERLEYS CIC

Contents of the Financial Statements

for the Period Ended 30 May 2023

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

KATWALK KIMBERLEYS CIC

Profit And Loss Account

for the Period Ended 30 May 2023

2023 2022


£
£
Turnover: 34,129 73,754
Cost of sales: ( 4,118 ) ( 7,045 )
Gross profit(or loss): 30,011 66,709
Distribution costs: 0 0
Administrative expenses: ( 81,831 ) ( 116,041 )
Other operating income: 53,013 44,848
Operating profit(or loss): 1,193 (4,484)
Interest receivable and similar income: 0 0
Interest payable and similar charges: ( 237 ) ( 256 )
Profit(or loss) before tax: 956 (4,740)
Tax: 0 0
Profit(or loss) for the financial year: 956 (4,740)

KATWALK KIMBERLEYS CIC

Balance sheet

As at 30 May 2023

Notes 2023 2022


£
£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 18,369 13,183
Investments:   0 0
Total fixed assets: 18,369 13,183
Current assets
Stocks:   0 0
Debtors: 4 0 2,283
Cash at bank and in hand: 862 687
Total current assets: 862 2,970
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 5 ( 14,460 ) ( 12,338 )
Net current assets (liabilities): (13,598) (9,368)
Total assets less current liabilities: 4,771 3,815
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 4,771 3,815
Members' funds
Profit and loss account: 4,771 3,815
Total members' funds: 4,771 3,815

The notes form part of these financial statements

KATWALK KIMBERLEYS CIC

Balance sheet statements

For the year ending 30 May 2023 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 28 February 2024
and signed on behalf of the board by:

Name: Abigail Marie Ward
Status: Director

The notes form part of these financial statements

KATWALK KIMBERLEYS CIC

Notes to the Financial Statements

for the Period Ended 30 May 2023

  • 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 orreceivable,excluding discounts, rebates, value added tax and other sales taxes.

KATWALK KIMBERLEYS CIC

Notes to the Financial Statements

for the Period Ended 30 May 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 7 5

KATWALK KIMBERLEYS CIC

Notes to the Financial Statements

for the Period Ended 30 May 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 31 May 2022 17,343 888 0 18,231
Additions 10,000 10,000
Disposals
Revaluations
Transfers
At 30 May 2023 17,343 888 10,000 28,231
Depreciation
At 31 May 2022 4,752 296 0 5,048
Charge for year 2,518 296 2,000 4,814
On disposals
Other adjustments
At 30 May 2023 7,270 592 2,000 9,862
Net book value
At 30 May 2023 10,073 296 8,000 18,369
At 30 May 2022 12,591 592 0 13,183

KATWALK KIMBERLEYS CIC

Notes to the Financial Statements

for the Period Ended 30 May 2023

4. Debtors

2023 2022
£ £
Trade debtors 0 0
Prepayments and accrued income 0 0
Other debtors 0 2,283
Total 0 2,283
Debtors due after more than one year: 0 0

KATWALK KIMBERLEYS CIC

Notes to the Financial Statements

for the Period Ended 30 May 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Taxation and social security 5,817 6,425
Accruals and deferred income 1,007 960
Other creditors 7,636 4,953
Total 14,460 12,338

COMMUNITY INTEREST ANNUAL REPORT

KATWALK KIMBERLEYS CIC

Company Number: 09062434 (England and Wales)

Year Ending: 30 May 2023

Company activities and impact

The company has managed to secure funding during the year to provide training to recovering addicts to help them back into employment in the community

Consultation with stakeholders

Board Members - secure funding to provide trainingCommunity - provides training to lead to employment opportunities in the community

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £29,566.There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require 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 February 2024

And signed on behalf of the board by:
Name: Ms. A M Ward
Status: Director