for the Period Ended 5 April 2022
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 5 April 2022
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
24 November 2020 to 5 April 2022
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
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
16 months to 5 April 2022 | ||
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| £ | |
Turnover: | | |
Cost of sales: | ( | |
Gross profit(or loss): | | |
Administrative expenses: | ( | |
Operating profit(or loss): | ( | |
Profit(or loss) before tax: | ( | |
Profit(or loss) for the financial year: | ( |
As at
Notes | 16 months to 5 April 2022 | ||
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| £ | ||
Current assets | |||
Cash at bank and in hand: | | ||
Total current assets: | | ||
Creditors: amounts falling due within one year: | 3 | ( | |
Net current assets (liabilities): | ( | ||
Total assets less current liabilities: | ( | ||
Total net assets (liabilities): | ( | ||
Members' funds | |||
Profit and loss account: | ( | ||
Total members' funds: | ( |
The notes form part of these financial statements
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 5 April 2022
Basis of measurement and preparation
Turnover policy
Other accounting policies
for the Period Ended 5 April 2022
16 months to 5 April 2022 | ||
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Average number of employees during the period | |
for the Period Ended 5 April 2022
16 months to 5 April 2022 | ||
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£ | ||
Accruals and deferred income | | |
Other creditors | | |
Total | |
Future Fixers CIC provides training and development, as well as networking events, to support businesses and other organisations. The company also works with partners to create and host new social enterprises. All our work is focused on helping to create a kinder, greener, fairer world.During the financial period from 24th November 2020 to 5th April 2021, Future Fixers’ activities have benefited the community in the following ways:More than thirty individuals have attended our flagship Purposeful Business Start-up Programme, benefiting by learning the skills needed to run a people and planet focused business, as well as being supported to become more resilient in their business.Start-up participants and others from local organisations (including businesses and not-for-profits) have attended fortnightly ‘Coaching Circle’ sessions designed to promote resilience and enhanced connection, collaboration and support between those taking part. We have run monthly ‘netwalks’ designed to bring together people from businesses and other organisations, encouraging them to connect with nature, connect with each other, and to receive group coaching designed to promote good mental health and wellbeing. We ran ‘Quarterly Connect’ sessions to link up former Purposeful Business Start-up participants and local business people with the aim of offering mutual support for each other.We have offered one to one resilience coaching for a wide range of individuals from local businesses.We have delivered ‘good business’ and funding advice training for Cumbria Chamber of Commerce to help businesses develop a people and planet focus.We have worked in partnership with a local trust to deliver Time and Energy Management and Learn to Coach workshops for individuals from the charities they support to enable them to be more effective in their roles.We have used part of a £10000 grant awarded by The National Lottery to pay for a project officer to coordinate and promote activities and events. These enable the community to benefit through the sharing of skills, addressing loneliness, reducing waste, and building community resilience. Part of this money has also been used to purchase tools and equipment so that the repair service we offer is more efficient. Money has also been used to begin developing a website aimed at disseminating best practice for those wishing to set up repair cafes.£50 has been donated to ‘Seaful’, a charity which connects people to oceans and waterways in order to promote good mental health and to nurture stewardship of blue spaces.
The company’s stakeholders are Purposeful Business Start-up participants, South Lakeland District Council, who fund this programme, The Scott Trust, and those from the business community and other organisations, who attend our courses, events and networking opportunities, and who take part in one to one coaching. Regarding repair events, our stakeholders are the general public who bring items to repair, repair volunteers and The National Lottery, the funders.We seek structured feedback from those attending start-up programmes, and we use this feedback to improve future courses. Representatives from SLDC are invited to attend business presentations from start-up participants and have the opportunity to question Future Fixers’ directors, as well as participants. This process has led to repeat funding from the councilSimilarly, where workshops have been delivered on behalf of partner organisations, such as The Scott Trust (see above), we harvest structured written feedback and match this with independent feedback obtained by the partner organisation. We then work with the partner organisation to modify delivery of future workshops so that they are as effective and impactful as possible.Those attending Quarterly Connect and Coaching Circles benefit from participating in open forum workshops where concerns they bring to sessions are addressed directly by trainers and by other participants. Again, we seek feedback from those attending sessions, and we always act on this.Written feedback is collected from those who have brought items to be fixed at repair events. This feedback is shared with volunteer repairers and is used to improve our service. On the rare occasions where a member of the public has expressed dissatisfaction, they are contacted directly, and the situation is rectified.We seek written feedback from all our repair events and a ‘Simply Repair South Lakes’ committee is well established and closely monitors the grant spending. Ultimately, we will provide an impact report for the funders, The National Lottery.
In most cases, remuneration has been paid to directors for training and development, coaching and consultancy work. A small amount has been paid to one director for website updates and leaflet design, whilst another has received some small remuneration for helping to organise ‘netwalks’. All payments are reflected in our company accounts.There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
18 August 2022
And signed on behalf of the board by:
Name: David Brown
Status: Director