Registered number 1202204
Sustainable Community Collaboration
Report and Accounts
31 March 2024
Sustainable Community Collaboration Registered number: 1202204 Trusteess' Report
The trustees present their report and accounts for the period ended 31 March 2024.
Trustees
The following persons served as trustees during the period:
Amin Zalkhoko Ghofran Hussein Kotieba Ramadan
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 10 May 2024 and signed on its behalf.
Amin Zalkhoko Chair
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Sustainable Community Collaboration Profit and Loss Account for the period from 6 March 2023 to 31 March 2024
| Donations and grants Administrative expenses Operating profit Profit before taxation Tax on profit Profit for the period |
2024 £ 33,794 (29,361) 4,433 4,433 - 4,433 |
|---|---|
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Sustainable Community Collaboration Registered number: 1202204 Balance Sheet as at 31 March 2024
| 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 Shareholders' funds |
2024 £ 1,125 5,000 3,748 8,748 (415) 8,333 9,458 (5,025) 4,433 4,433 4,433 |
|---|---|
The trustees 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 members have not required the company to obtain an audit in accordance with section 476 of the Act.
The trustees 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.
Amin Zalkhoko Chair Approved by the board on 10 May 2024
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Sustainable Community Collaboration Statement of Changes in Equity for the period from 6 March 2023 to 31 March 2024
| At 6 March 2023 Profit for the period At 31 March 2024 |
Share capital £ - - |
Share premium £ - - |
Re- valuation reserve £ - - |
Profit and loss account £ - 4,433 4,433 |
Total £ - 4,433 4,433 |
|---|---|---|---|---|---|
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Sustainable Community Collaboration Notes to the Accounts for the period from 6 March 2023 to 31 March 2024
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:
Fixtures, fittings, tools and equipment
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.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
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Sustainable Community Collaboration Notes to the Accounts
for the period from 6 March 2023 to 31 March 2024
| 2 Employees Average number of persons employed by the company 3 Tangible fixed assets Cost Additions At 31 March 2024 Depreciation At 31 March 2024 Net book value At 31 March 2024 4 Debtors Other debtors 5 Creditors: amounts falling due within one year Other creditors 6 Creditors: amounts falling due after one year Loan for building deposit |
2024 Number 0 2024 £ 5,000 2024 £ 415 2024 £ 5,025 |
Computers & equipments £ 1,125 1,125 - 1,125 |
|---|---|---|
7 Other information
Sustainable Community Collaboration is a charitable organisation registered and incorporated in England. Its registered office is:
2F Copson street
Withington Manchester M20 3HE
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Sustainable Community Collaboration Detailed profit and loss account for the period from 6 March 2023 to 31 March 2024
This schedule does not form part of the statutory accounts
| Donations and grants Administrative expenses Operating profit Profit before tax |
2024 £ 33,794 (29,361) 4,433 4,433 |
|---|---|
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Sustainable Community Collaboration Detailed profit and loss account for the period from 6 March 2023 to 31 March 2024
This schedule does not form part of the statutory accounts
| Donations Donations and grants Administrative expenses Employee costs: Travel and subsistence Premises costs: Rent Cleaning General administrative expenses: Telephone and internet Postage Stationery and printing Events IT Expense Bank charges Insurance Volunteer Expense Repairs and maintenance Sundry expenses Legal and professional costs: Accountancy fees Other legal and professional |
2024 £ 33,794 683 683 6,146 25 6,171 37 27 405 15,638 962 1 246 1,897 457 150 19,820 150 2,537 2,687 29,361 |
|---|---|
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