Contents of the Financial Statements

for the Period Ended 31 July 2023

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

Directors' report period ended 31 July 2023

The directors present their report with the financial statements of the company for the period ended 31 July 2023

Directors

The directors shown below have held office during the whole of the period from
1 August 2022 to 31 July 2023

B.K.B. Bloor
L. Corfield
A.G. Reuer

The directors shown below have held office during the period of
1 August 2022 to 20 September 2022

S.L. Pugh
P.W. Summers

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
26 April 2024

And signed on behalf of the board by:
Name: L. Corfield
Status: Director

Profit And Loss Account

for the Period Ended 31 July 2023

	2023	2022
	£	£
Turnover:	101,566
Cost of sales:	( 53,119 )	( 11,979 )
Gross profit(or loss):	48,447	(11,979)
Distribution costs:	( 3,176 )	( 2,916 )
Administrative expenses:	( 33,668 )	( 12,193 )
Other operating income:		129
Operating profit(or loss):	11,603	(26,959)
Profit(or loss) before tax:	11,603	(26,959)
Tax:	( 2,205 )	1,606
Profit(or loss) for the financial year:	9,398	(25,353)

Balance sheet

As at 31 July 2023

	Notes	2023	2022
		£	£
Fixed assets
Intangible assets:	3	2	195
Tangible assets:	4	577	770
Total fixed assets:		579	965
Current assets
Debtors:	5	125	1,733
Cash at bank and in hand:		60,196	23,345
Total current assets:		60,321	25,078
Creditors: amounts falling due within one year:	6	( 48,559 )	( 23,210 )
Net current assets (liabilities):		11,762	1,868
Total assets less current liabilities:		12,341	2,833
Provision for liabilities:		( 110 )
Total net assets (liabilities):		12,231	2,833
Members' funds
Profit and loss account:		12,231	2,833
Total members' funds:		12,231	2,833

The notes form part of these financial statements

Balance sheet statements

For the year ending 31 July 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.

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 July 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 or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.Revenue from the sale of goods is recognised when all the following conditions are satisfied:- the Company has transferred to the buyer the significant risks and rewards of ownership of the goods;- the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;- the amount of revenue can be measured reliably;- it is probable that the economic benefits associated with the transaction will flow to the Company;and- the costs incurred or to be incurred in respect of the transaction can be measured reliably.Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

  Tangible fixed assets depreciation policy

  Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:Furniture, fittings and equipment - 25%% Reducing balance

  Intangible fixed assets amortisation policy

  Intangible fixed assets are carried at cost less accumulated amortisation and impairment losses.

Notes to the Financial Statements

for the Period Ended 31 July 2023

• 2. Employees

  	2023	2022
  Average number of employees during the period	2	1