for the Period Ended 31 January 2023
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
for the Period Ended
13 months to 31 January 2023 | ||
---|---|---|
| £ | |
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 | 13 months to 31 January 2023 | ||
---|---|---|---|
| £ | ||
Current assets | |||
Debtors: | 3 | | |
Cash at bank and in hand: | | ||
Total current assets: | | ||
Net current assets (liabilities): | | ||
Total assets less current liabilities: | | ||
Provision for 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 31 January 2023
Basis of measurement and preparation
for the Period Ended 31 January 2023
13 months to 31 January 2023 | ||
---|---|---|
Average number of employees during the period | |
for the Period Ended 31 January 2023
13 months to 31 January 2023 | ||
---|---|---|
£ | ||
Trade debtors | | |
Total | |
In the autumn of 2021, a group of town, district, and county councillors pledged to work together to reinvigorate Fleet’s Saturday Market. Underinvestment in the infrastructure and marketing, coupled with the Covid pandemic had reduced the market to a few stalls. We felt that a town like ours deserves a vibrant, busy Saturday market that works for everyone – existing stallholders, small businesses, and of course local residents.When it came to getting the new market up and running, we had a few rules that we all agreed to abide by. There was to be no politics involved, no point-scoring, and any profit had to go back into the community. The best way to make sure that everything we do is for the good of the town was to create a Community Interest Company, a special type of organisation that exists to benefit a community, not shareholders, ensuring every penny we make is reinvested back into the local area. That means our overriding aim is to maximise the value of the market to the town, not the amount of profit it makes.
No consultation with stakeholders
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
9 November 2023
And signed on behalf of the board by:
Name: Robert Richmond
Status: Director