for the Period Ended 30 September 2022
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
As at
Notes | 2022 | 2021 | |
---|---|---|---|
| £ | £ | |
Fixed assets | |||
Tangible assets: | 3 | | |
Total fixed assets: | | | |
Current assets | |||
Stocks: | 4 | | |
Debtors: | 5 | | |
Cash at bank and in hand: | | | |
Total current assets: | | | |
Prepayments and accrued income: | | | |
Creditors: amounts falling due within one year: | 6 | ( | ( |
Net current assets (liabilities): | ( | ( | |
Total assets less current liabilities: | ( | | |
Creditors: amounts falling due after more than one year: | 7 | ( | ( |
Total net assets (liabilities): | ( | ( | |
Members' funds | |||
Profit and loss account: | ( | ( | |
Total members' funds: | ( | ( |
The notes form part of these financial statements
The directors have chosen not to file a copy of the company's profit and loss account.
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
for the Period Ended 30 September 2022
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Other accounting policies
for the Period Ended 30 September 2022
2022 | 2021 | |
---|---|---|
Average number of employees during the period | | |
for the Period Ended 30 September 2022
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
---|---|---|---|---|---|---|
Cost | £ | £ | £ | £ | £ | £ |
At 1 October 2021 | | | | | ||
Additions | ||||||
Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 30 September 2022 | | | | | ||
Depreciation | ||||||
At 1 October 2021 | | | | | ||
Charge for year | | | | | ||
On disposals | ||||||
Other adjustments | ||||||
At 30 September 2022 | | | | | ||
Net book value | ||||||
At 30 September 2022 | | | | | ||
At 30 September 2021 | | | | |
for the Period Ended 30 September 2022
2022 | 2021 | |
---|---|---|
£ | £ | |
Stocks | | |
Total | | |
for the Period Ended 30 September 2022
2022 | 2021 | |
---|---|---|
£ | £ | |
Other debtors | | |
Total | | |
for the Period Ended 30 September 2022
2022 | 2021 | |
---|---|---|
£ | £ | |
Bank loans and overdrafts | | |
Taxation and social security | | |
Accruals and deferred income | | |
Other creditors | | |
Total | | |
for the Period Ended 30 September 2022
2022 | 2021 | |
---|---|---|
£ | £ | |
Bank loans and overdrafts | | |
Total | | |
for the Period Ended 30 September 2022
The main aim of James Scott's North Somerset ReUse Project CIC (JSNSRP) is to reduce usable items going to landfill and accordingly it provided an environmental service to the local area (North Somerset) and has actively promoted the reduction of landfill. Between October 2021 and the end of September 2022 the Project diverted almost 16 tonnes of waste from landfill by residents and businesses bringing in their unwanted but still useable items to the Project. Although this figure is up on the last period, this is still down on previous years prior to COVID19.The project relies on volunteers and between October 2021 and the end of September 2022 provided eleven local residents with voluntary work from all ages and backgrounds.The Project accepts all unwanted but still useable items except for large pieces of furniture, soft goods, ie sofas etc and ‘white’ goods, ie fridges etc. Therefore, most items the Project receives are of a much smaller nature and in many cases, so small they can be easily thrown away with other household waste and therefore not noticed as bulk. Without doubt, this year again, has been very difficult. Things didn’t go back to ‘normal’ i.e. prior to COVID as I think was expected; footfall has been down somewhat and not because of government restrictions but by means of customer’s own choice after nearly two years of buying online and changing habits. On a more positive note, towards the end of this financial year things seemed to be getting a little better regarding this last point.
JSNSRP’s main stakeholders are residents and businesses of North Somerset bringing in their unwanted goods and paint and buying such goods and paint.The environmental service the Project provides to the whole community of North Somerset and, in the spirit of the Project and the way it continues and why it was initially founded, has gained much support in return. The Project has proven that residents and businesses alike are keen on having their unwanted items reused as opposed to taking them to landfill.The project relied on volunteers, from those who were in part time work and looking for extra experience, attending higher education and retired and semi-retired people. The number of volunteers however is down from the previous year; two left because of moving to other parts of the country and a long-standing volunteer of five years joined the ranks of university students. The Project has the continuing support of North Somerset Council and our Project’s details can be found on their official website under “Reducing your Household Waste”.The Project is a member of the nationally acclaimed Community Repaint Scheme which is sponsored by Dulux through Resource Futures based in Bristol. The Project checks and if necessary, ‘cleans’ the paint brought in to ensure it is still useable. Between October 2021 and the end of September 2022, the Project received 1,953 litres of unwanted paint from residents and businesses; of this figure, the Project sold and redistributed 1,807 litres to 370 individuals and community groups.The director and co-founder of JSNSRP has lived in North Somerset for several years and has continued the Project based on the experience and ethos of her son, James Scott, also co-founder of the Project. After setting up the Project, at the very young age of just 34, James sadly died in May 2014. The Project is dedicated to, and continues in His loving memory.
The director received a gross salary of £15,000 during the year ended 30 September 2022. Employer's national insurance thereon amounted to £1,772. The accounts also include a director's 'use of home' allowance of £312.There are no other transactions or arrangements in connection with the remuneration of the director, or compensation for loss of office, which are required to be disclosed.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
9 June 2023
And signed on behalf of the board by:
Name: MRS PATRICIA SCOTT
Status: Director