Registered number 1197671 Beartown Rickshaw CIO Report and Accounts 31 August 2023 **Beartown Rickshaw CIO Registered number: 1197671 Directors' Report** The trustees present their report and accounts for the year ended 31 August 2023. ## **Principal activities** The company's principal activity during the year continued to be the provision of rickshaw rides to promote the health and social benefits in the community. ## **Trustees** The following persons served as trustees during the year: Mr AP Bolding Mrs VJ Scaresbrook Ms J Dooney Mrs EJ Bolding Mr AL Scaresbrook Mr JPA Hall Ms AS Kirby (resigned) ## **Small company provisions** This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. This report was approved by the board on 30 January 2024 and signed on its behalf. Mr AP Bolding Trustee 1 ## **Beartown Rickshaw CIO Profit and Loss Account for the year ended 31 August 2023** |**Turnover**
Administrative expenses
**Operating profit**
Interest receivable
**Profit before taxation**
Tax on profit
**Profit for the financial year**|**2023**
**£**
15,637
(6,429)
9,208
5
9,213
-
9,213|**2022**
**£**
5,355
(5,106)
249
-
249
-
249| |---|---|---| 2 ## **Beartown Rickshaw CIO Registered number:** 1197671 **Balance Sheet as at 31 August 2023** |**Notes**
**Fixed assets**
Tangible assets
3
**Current assets**
Debtors
4
Cash at bank and in hand
**Creditors: amounts falling due**
**within one year**
5
**Net current assets**
**Total assets less current**
**liabilities**
**Creditors: amounts falling due**
**after more than one year**
6
**Net assets**
**Capital and reserves**
Profit and loss account
**Shareholder's funds**|**2023**
**£**
6,225
-
11,790
11,790
(3,458)
8,332
14,557
(3,459)
11,098
11,098
11,098|**2022**
**£**
8,300
399
3,561
3,960
(3,458)
502
8,802
(6,917)
1,885
1,885
1,885| |---|---|---| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. The member has not required the company to obtain an audit in accordance with section 476 of the Act. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. Mrs EJ Bolding Trustee Approved by the board on 30 January 2024 3 ## **Beartown Rickshaw CIO Statement of Changes in Equity for the year ended 31 August 2023** |**At 1 September 2021**
Profit for the financial year
**At 31 August 2022**
**At 1 September 2022**
Profit for the financial year
**At 31 August 2023**|**Share**
**capital**
**£**
-
-
-
-|**Share**
**premium**
**£**
-
-
-
-|**Re-**
**valuation**
**reserve**
**£**
-
-
-
-|**Profit**
**and loss**
**account**
**£**
1,636
249
1,885
1,885
9,213
11,098|**Total**
**£**
1,636
249
1,885
1,885
9,213
11,098| |---|---|---|---|---|---| 4 **Beartown Rickshaw CIO Notes to the Accounts for the year ended 31 August 2023** ## **1 Accounting policies** ## _**Basis of preparation**_ The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). ## _**Turnover**_ 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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. ## _**Tangible fixed assets**_ Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: Rickshaw 25% reducing balance ## _**Debtors**_ Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. ## _**Creditors**_ Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. ## _**Grants received**_ Grants received to purchase the rickshaw are being spread over 4 years to approximate to the expected useful life of the rickshaw. |**2**
**Employees**
Average number of persons employed by the company|**2023**
**Number**
0|**2022**
**Number**
0| |---|---|---| 5 ## **Beartown Rickshaw CIO Notes to the Accounts for the year ended 31 August 2023** ## **3 Tangible fixed assets** |**Cost**
At 1 September 2022
At 31 August 2023
**Depreciation**
At 1 September 2022
Charge for the year
At 31 August 2023
**Net book value**
At 31 August 2023
At 31 August 2022
**4**
**Debtors**
Income tax reclaimable on Gift Aid
**5**
**Creditors: amounts falling due within one year**
Grant income deferred
**6**
**Creditors: amounts falling due after one year**
Grant income deferred|**2023**
**£**
-
**2023**
**£**
3,458
**2023**
**£**
3,459|**Rickshaw**
**£**
11,067
11,067
2,767
2,075
4,842
6,225
8,300
**2022**
**£**
399
**2022**
**£**
3,458
**2022**
**£**
6,917| |---|---|---| ## **7 Controlling party** The company is controlled by its trustees, who have no beneficial interest in the charity or its assets. ## **8 Other information** Beartown Rickshaw CIO is a charitable incorporated organisation without a share capital and incorporated in England. Its registered office is: 7 Manor Close Congleton CW12 3LB 6 ## **Beartown Rickshaw CIO** ## **Detailed profit and loss account for the year ended 31 August 2023** _This schedule does not form part of the statutory accounts_ |**Sales**
Administrative expenses
**Operating profit**
Interest receivable
**Profit before tax**|**2023**
**£**
15,637
(6,429)
9,208
5
9,213|**2022**
**£**
5,355
(5,106)
249
-
249| |---|---|---| 7 ## **Beartown Rickshaw CIO** ## **Detailed profit and loss account for the year ended 31 August 2023** _This schedule does not form part of the statutory accounts_ |**Sales**
Donations
Grants received
Income tax claimable on donations
**Administrative expenses**
Employee costs:
Volunteer events
Motor expenses
General administrative expenses:
Telephone and internet
Postage
Stationery and printing
Bank charges
Insurance
IT costs
Cycle maintenance
Clothing
Tools
Depreciation
Sundry expenses
Legal and professional costs:
Advertising and PR
DBS checks|**2023**
**£**
9,754
5,083
800
15,637
157
399
556
-
15
-
234
742
86
2,036
428
-
2,075
6
5,622
126
125
251
6,429|**2022**
**£**
1,497
3,459
399
5,355
301
-
301
260
-
90
-
642
-
286
346
68
2,767
266
4,725
80
-
80
5,106| |---|---|---| 8