for the Period Ended 30 June 2023
| 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 30 June 2023
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
1 July 2022 to 30 June 2023
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
| 2023 | 2022 | |
|---|---|---|
| | £ | £ |
| Turnover: | | |
| Cost of sales: | | |
| Gross profit(or loss): | | |
| Distribution costs: | | |
| Administrative expenses: | ( | ( |
| Other operating income: | | |
| Operating profit(or loss): | ( | |
| Interest receivable and similar income: | | |
| Interest payable and similar charges: | | |
| Profit(or loss) before tax: | ( | |
| Tax: | | |
| Profit(or loss) for the financial year: | ( | |
As at
| Notes | 2023 | 2022 | |
|---|---|---|---|
| | £ | £ | |
| Fixed assets | |||
| Intangible assets: | | | |
| Tangible assets: | 3 | | |
| Investments: | | | |
| Total fixed assets: | | | |
| Current assets | |||
| Stocks: | | | |
| Debtors: | 4 | | |
| Cash at bank and in hand: | | | |
| Investments: | | | |
| Total current assets: | | | |
| Prepayments and accrued income: | | | |
| Creditors: amounts falling due within one year: | 5 | ( | ( |
| Net current assets (liabilities): | | | |
| Total assets less current liabilities: | | | |
| Creditors: amounts falling due after more than one year: | | | |
| Provision for liabilities: | | | |
| Accruals and deferred income: | | | |
| 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 30 June 2023
Basis of measurement and preparation
for the Period Ended 30 June 2023
| 2023 | 2022 | |
|---|---|---|
| Average number of employees during the period | | |
for the Period Ended 30 June 2023
| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
|---|---|---|---|---|---|---|
| Cost | £ | £ | £ | £ | £ | £ |
| At 1 July 2022 | | | ||||
| Additions | | | ||||
| Disposals | | | ||||
| Revaluations | | | ||||
| Transfers | | | ||||
| At 30 June 2023 | | | ||||
| Depreciation | ||||||
| At 1 July 2022 | | | ||||
| Charge for year | | | ||||
| On disposals | | | ||||
| Other adjustments | | | ||||
| At 30 June 2023 | | | ||||
| Net book value | ||||||
| At 30 June 2023 | | | ||||
| At 30 June 2022 | | |
for the Period Ended 30 June 2023
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Other debtors | | |
| Total | | |
for the Period Ended 30 June 2023
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Taxation and social security | | |
| Other creditors | | |
| Total | | |
One of the aims of RESTORE is to look after the vulnerable and less fortunate and to bring a sense of happiness and belonging to the wider community. The following illustrates the activities that have benefited the community during this financial yearSet up of a community cafe in Seaton hospital working with the NHS Property Services and The Community Waffle House in Axminster. The aim was to deliver a sustainable space where community groups could meet, exchange ideas and utilise to expand their services. The community cafe also provides a space where volunteers can meet, assist groups within our community, and interact with one another in a warm, neutral and comfortable space.Coordinating local volunteers to provide assistance, connectivity and aid to those who were most vulnerable in the community. This included tasks such as shopping, one to one befriending service, computer assistance, dog walking, as well as regular texts and telephone conversations to help combat isolation and loneliness.Helping vulnerable members of the community, assessing their needs and how we can help or point them in the right direction and assisting with essential necessities such as, homelessness, cooking facilities and domestic help.Setting up of a CIC website to regularly update the community on local volunteer groups, how to get help in the community and information on local services.Working with the Voluntary, Community and Social Enterprise Health and Wellbeing Alliance to assist our local community.Furthering our role as the Voluntary Sector Representative for the local community in the Axe Valley. This means that Restore is part of a care network made up of local GPs, social services, care teams, social prescribers and pharmacists who meet weekly to confidentially discuss local patients or known local people who are vulnerable and may need support. Restore represents the volunteers in the area and seeks to work with the team to provide help where possible. Restore helped setup and deliver a 1st Aid project with Seaton Town Council to provide assistance to the community and tourists during the busy summer periods.Liaising with the local foodbank and referring those in need to their service.Helping to connect the community by informing, promoting and working together with localorganisations, projects and social groups.
The CIC stakeholders are residents in the local community. The directors of the CIC have lived in the local community for several years and RESTORE Axe Valley CIC was set up to continue what had been established by the Seaton Coronavirus Community Group, which emerged during the COVID-19 pandemic, building on the fantastic help provided by volunteers, along with the strong sense of community that emerged.We have communicated with our volunteers and local organisations, as part of the care network, to ensure we can help where and when possible, all those in the local vicinity who are in need of assistance. We have continued to assist and support the local community building on the numbers since becoming established.Through discussions via the VSR care network and other local organisations such as Seaton Town Council, Tripp, Save Food Hub, Seaton Food Bank, local churches and others in the community, Restore Axe Valley CIC is constantly looking at ways it can help the local community and be part of local initiatives that benefit the Axe Valley.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
21 September 2023
And signed on behalf of the board by:
Name: Mr Andrew Davies
Status: Director