for the Period Ended 28 February 2023
Directors report | |
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 28 February 2023
Principal activities of the company
Political and charitable donations
Company policy on disabled employees
Directors
The director shown below has held office during the whole of the period from
1 March 2022 to 28 February 2023
The director shown below has held office during the period of
7 July 2022 to 28 February 2023
Secretary
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: Secretary
As at
Notes | 2023 | 2022 | |
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| £ | £ | |
Current assets | |||
Stocks: | | | |
Debtors: | 3 | | |
Cash at bank and in hand: | | | |
Total current assets: | | | |
Creditors: amounts falling due within one year: | 4 | ( | ( |
Net current assets (liabilities): | | | |
Total assets less current liabilities: | | | |
Creditors: amounts falling due after more than one year: | 5 | ( | ( |
Total net assets (liabilities): | | | |
Capital and reserves | |||
Called up share capital: | | | |
Other reserves: | | | |
Profit and loss account: | | | |
Total Shareholders' 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 28 February 2023
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Valuation information and policy
Other accounting policies
for the Period Ended 28 February 2023
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Average number of employees during the period | | |
for the Period Ended 28 February 2023
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for the Period Ended 28 February 2023
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Trade creditors | | |
Taxation and social security | | |
Total | | |
for the Period Ended 28 February 2023
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Bank loans and overdrafts | | |
Other creditors | | |
Total | | |
IntroductionDuring this year we completed a number of community WiFi contracts in Scotland seeing an overall drop in turnover to £3.2m against last year’s £3.7m. WiFi contract awards continued to strengthen as did hosted telephony and mobile sales, so we expect to see the turnover recover in year-end 2024. We are very grateful for the support of all our partners in all of the three nations. The community hubs have continued to operate with a new hub opening in Stafford in 2023, they remain an important part of our work in supporting a number of other small organisations.Number of Visits to the Community Hubs - 356Adult skills courses completed - 24Customers engaged with BBO, LP and MAS - 703Customers supported into jobs or secure/improved jobs - 27Value of money savings secured for customers by MAS £801,436.21While still providing a vital service for a number of people Wifi usage on the Meole Dens has fallen back this year running at an average of 110 clients per month. Data consumption rose slightly to 170GB per month on mostly android phones and tablets with some Windows laptops. Supported IT, Comms and hosted telephony costs for Meole and Castlefield’s hubs this year are £3569.52.We continue to support support national and local organisations with with free IT advice and discounted communications services IT and communications services.Shrewsbury Social Value ContributionsMake Space Arts £241.80Shropshire Youth Association £587.68Trained and paid for accommodation for a discharged soldier to bring him into the workplace £5000.00. Supported Shawbury United girls football teams Under 8, Under 9 and Under 12 with socks, shorts and shirts. £314.60Total Shrewsbury: £9713.60National Social Value ContributionsJohnny Johnson Housing Trust Ltd /AstralineCall centre support project £34,324.824 Front Project London4G SIMS to run network £1294.89Colindale Communities Trust - LondonRental and maintenance costs for WiFi, Broadband and voice installation contributions £624.00Social Bite - EdinburghThis year we have contributed to their ongoing internet costs to the tune of £768.48The Bevy Pub - BrightonSince December 2014 The Bevy is Brighton’s only community owned and run estate pub and was re-built, re-decorated and re-opened by an army of volunteers, The Bevy is a Community Benefit Society with over 700 shareholders and any money they make is reinvested in the local area. After fitting the WiFi for the Bevy last year we supported telephony and internet access to the value of £467.00Hereford Mind, Hereford, Contribution to telephony and Wifi costs £189.24I Am Phab, Cheshire, Contribution to telephony and Wifi costs £204.00Shropshire Youth Association, Shrewsbury, Contribution to telephony and Wifi costs £783.75Total National: £38656.18The FutureDuring the year we completed some great community and technical work thanks to our stakeholders and customers that not just assisted those in a challenging environment or requiring internet access and technical help but also that leveraged our corporate expertise further in delivering class leading communications, network equipment and hosted services. We are very grateful to the team of staff working with us that delivered this and made us ready for significant changes in the community and corporate spaces.
We have had ongoing discussions with Housing Plus about the role of the digital dens in Shrewsbury.We have explored with other HA the options for assistance on he national level, which should come to fruition during the next financial year
The director drew a salary of £27,500.00 in the year to Feb 23. Pension Contributions amounted to £375.00.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
22 October 2023
And signed on behalf of the board by:
Name: John Clarke
Status: Director