for the Period Ended 28 February 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 28 February 2023
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
1 March 2022 to 28 February 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: | | | |
Cash at bank and in hand: | | | |
Investments: | | | |
Total current assets: | | | |
Prepayments and accrued income: | | | |
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: | | | |
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 28 February 2023
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Other accounting policies
for the Period Ended 28 February 2023
2023 | 2022 | |
---|---|---|
Average number of employees during the period | | |
for the Period Ended 28 February 2023
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
---|---|---|---|---|---|---|
Cost | £ | £ | £ | £ | £ | £ |
At 1 March 2022 | | | ||||
Additions | | | ||||
Disposals | | | ||||
Revaluations | | | ||||
Transfers | | | ||||
At 28 February 2023 | | | ||||
Depreciation | ||||||
At 1 March 2022 | | | ||||
Charge for year | | | ||||
On disposals | | | ||||
Other adjustments | | | ||||
At 28 February 2023 | | | ||||
Net book value | ||||||
At 28 February 2023 | | | ||||
At 28 February 2022 | | |
for the Period Ended 28 February 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Bank loans and overdrafts | | |
Amounts due under finance leases and hire purchase contracts | | |
Trade creditors | | |
Taxation and social security | | |
Accruals and deferred income | | |
Other creditors | | |
Total | | |
The company occupied premises at 28 Bridge Street, King’s Lynn, Norfolk PE20 5AB, providing yoga, holistic therapies, community groups and counselling to local residents. The Connection Project’s activities have benefitted the community in the following ways:Counselling sessions have been offered at reduced rate where people have been affected by financial hardship.A venue has been provided for yoga classes, holistic therapies and counselling sessions, including yoga classes for pregnancy. Free community coffee shops were offered multiple times a week at the venue to encourage socialisation following the isolation of lockdowns, as well as provide mental well-being support.Free yoga classes were offered weekly for local residents to attend at the venue.Free arts and crafts sessions were held weekly for local residents to attend at the venue. Free virtual monthly Reiki shares to support ongoing professional development, community, health and wellbeing.Free virtual monthly meditation sessions to support health and wellbeing during the pandemic.Seasonal community days were held to support social connection, health and wellbeing.Free virtual twice weekly chair yoga classes to provide social connection and support health and wellbeing for older, isolated members of the community.Multiple people were trained as Reiki practitioners giving them a new way to support themselves financially as well as being able to help support people physically, mentally and emotionally.Virtual Laughtercise classes and Soundbaths were offered to promote social connection, health and wellbeing, with reduced prices where necessary for those unable to afford the full investment. Holistic therapy sessions were offered freely or at a reduced rate to help support health and well-being. MensCraft (a local charity supporting men living with suicidal ideation) collaborated with us and brought their service users to our community groups providing an opportunity for interaction, engagement and positive community. During the year similar services commenced locally meaning that the requirement for the Project was no longer needed.The directors took the decision to cease trading with effect from 28th February 2023.
Participants in classes, workshops and events have been consulted as to what would be helpful to them, this year with specific attention to needs during/following the pandemic and the pressures/stresses caused by lockdowns and isolation. This led to in-person sessions focused on socialisation, positive community and gentle support for health and well-being through yoga, arts and crafts and time with other local people. Virtual sessions continued, supporting social engagement and physical/mental well-being. Collaboration with other local mental health services led to many referrals to our groups and classes, as well as referrals for counselling and therapies. It was shown that counselling was very much needed so reduced rate and funded sessions were offered as broadly as possible to meet this need. Work with MensCraft included a very positive collaborative effort creating community space that was welcoming and supportive to men’s mental health.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
23 November 2023
And signed on behalf of the board by:
Name: C N K Sangster
Status: Director