for the Period Ended 31 January 2023
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
As at
Notes | 13 months to 31 January 2023 | ||
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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
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 31 January 2023
Basis of measurement and preparation
Turnover policy
for the Period Ended 31 January 2023
13 months to 31 January 2023 | ||
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Average number of employees during the period | |
for the Period Ended 31 January 2023
13 months to 31 January 2023 | ||
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£ | ||
Accruals and deferred income | | |
Other creditors | | |
Total | |
The company runs Fog Lane Park Cafe, a cafe in Fog Lane Park, Manchester with a particular emphasis on being a local hub that offers affordable and healthy locally produced food and refreshments to park users. The cafe opened for business in January 2022. During the financial year 2022-2023, the cafes activities have benefited the community in the following ways:- Local residents have had a place to use and enjoy in their local green space, this in turn encourages people to use the park and it's facilities.- Groups and charities have had a free space to hold meetings and activities. - The cafe has provided full-time or part-time employment for 4 local residents.- We organised holiday activities for a broad range of children in each school holiday period through Art Clubs & Sports Clubs.- The cafe provides toilets for park users. - We are constantly contributing to the park being a more welcoming place. Examples are working with the Friends group on monthly litter picks and with the local council to paint fences and seating around the park.- We have helped to encourage people into the park for enjoyment and recreation through events such as local choirs singing & performing.
The company’s stakeholders are park users and visitors to the cafe. We held informal meetings for locals to provide feedback on everything from service to opening hours. Over the year we have extended opening hours gradually from weekends only to now operating every day.The directors of the company have lived locally for a number of years and developed the business model for the cafe based on their experience of talking to other residents both in person and taking online opinions on community Facebook pages.We have forms in the cafe for local community groups to enquireabout using the space. This has led to numerous activities including hosting classes for rehomed Ukrainian families to learn English and providing free books as part of Manchester Library Trail.
The aggregate amount of emoluments paid to or receivable by directors in respect of qualifying services was £6,801.73.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
11 October 2023
And signed on behalf of the board by:
Name: Mark Brennan
Status: Director