NEOS FOUNDATION CIC

Company limited by guarantee

Company Registration Number:
10780652 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2020

Period of accounts

Start date: 1 June 2019

End date: 30 November 2020

NEOS FOUNDATION CIC

Contents of the Financial Statements

for the Period Ended 30 November 2020

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

NEOS FOUNDATION CIC

Balance sheet

As at 30 November 2020

Notes 18 months to 30 November 2020 2019


£

£
Current assets
Cash at bank and in hand: 343 1,952
Total current assets: 343 1,952
Creditors: amounts falling due within one year: 3 ( 1,899 ) ( 2,402 )
Net current assets (liabilities): (1,556) (450)
Total assets less current liabilities: (1,556) ( 450)
Total net assets (liabilities): (1,556) (450)
Members' funds
Profit and loss account: (1,556) ( 450)
Total members' funds: ( 1,556) (450)

The notes form part of these financial statements

NEOS FOUNDATION CIC

Balance sheet statements

For the year ending 30 November 2020 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 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 1 March 2021
and signed on behalf of the board by:

Name: Robert Lemke
Status: Director

The notes form part of these financial statements

NEOS FOUNDATION CIC

Notes to the Financial Statements

for the Period Ended 30 November 2020

  • 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

NEOS FOUNDATION CIC

Notes to the Financial Statements

for the Period Ended 30 November 2020

  • 2. Employees

    18 months to 30 November 2020 2019
    Average number of employees during the period 3 3

NEOS FOUNDATION CIC

Notes to the Financial Statements

for the Period Ended 30 November 2020

3. Creditors: amounts falling due within one year note

18 months to 30 November 2020 2019
£ £
Trade creditors 1,899 2,402
Total 1,899 2,402

COMMUNITY INTEREST ANNUAL REPORT

NEOS FOUNDATION CIC

Company Number: 10780652 (England and Wales)

Year Ending: 30 November 2020

Company activities and impact

The Neos Project (www.neos.io) gathers a community of volunteers to jointly work on the development of the Neos Content Management System, a free and open source software, which allows companies, non-profits and individuals to create websites for their respective communication purposes.The Neos Foundation CIC was founded to support the Neos Project by collecting and managing funds, take care of important assets, such as the Neos trademark, and provide legal support to the Neos volunteers in case it was needed.During its first two years, the amount of activities of the companies was still low, since we had to face organizational difficulties, such as opening a Euro-based bank account and getting a legal assessment for the impact of the EU Exit on our company. At the same time, the Neos Project was able to attract more volunteers to the project, organize an online conference and several meetings, helping volunteers and interested people to learn about and work on Neos.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
1 March 2021

And signed on behalf of the board by:
Name: Robert Lemke
Status: Director