THE PERFECT PLACE TO GROW CIC

Company limited by guarantee

Company Registration Number:
14097844 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2023

Period of accounts

Start date: 10 May 2022

End date: 31 May 2023

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Contents of the Financial Statements

for the Period Ended 31 May 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

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Directors' report period ended 31 May 2023

The directors present their report with the financial statements of the company for the period ended 31 May 2023

Directors

The directors shown below have held office during the whole of the period from
10 May 2022 to 31 May 2023

L P Coad
C Forsdike
A James
H Ryder


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
14 November 2023

And signed on behalf of the board by:
Name: A James
Status: Director

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Profit And Loss Account

for the Period Ended 31 May 2023

13 months to 31 May 2023


£
Turnover: 5,154
Gross profit(or loss): 5,154
Administrative expenses: ( 6,539 )
Operating profit(or loss): (1,385)
Profit(or loss) before tax: (1,385)
Profit(or loss) for the financial year: (1,385)

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Balance sheet

As at 31 May 2023

Notes 13 months to 31 May 2023


£
Current assets
Cash at bank and in hand: 1,141
Total current assets: 1,141
Creditors: amounts falling due within one year: 3 ( 2,026 )
Net current assets (liabilities): (885)
Total assets less current liabilities: (885)
Creditors: amounts falling due after more than one year: 4 ( 500 )
Total net assets (liabilities): (1,385)
Members' funds
Profit and loss account: (1,385)
Total members' funds: ( 1,385)

The notes form part of these financial statements

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Balance sheet statements

For the year ending 31 May 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 14 November 2023
and signed on behalf of the board by:

Name: A James
Status: Director

The notes form part of these financial statements

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Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

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Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 2. Employees

    13 months to 31 May 2023
    Average number of employees during the period 1

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Notes to the Financial Statements

for the Period Ended 31 May 2023

3. Creditors: amounts falling due within one year note

13 months to 31 May 2023
£
Trade creditors 132
Taxation and social security 1,390
Accruals and deferred income 504
Total 2,026

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Notes to the Financial Statements

for the Period Ended 31 May 2023

4. Creditors: amounts falling due after more than one year note

13 months to 31 May 2023
£
Other creditors 500
Total 500

COMMUNITY INTEREST ANNUAL REPORT

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Company Number: 14097844 (England and Wales)

Year Ending: 31 May 2023

Company activities and impact

The training cafe was being built during 2023. It has been used by staff to plan upcoming programme and activities. During this time there has been outreach and community engagement activities off-site, including open-access youth sessions, cooking with the community and employability advice sessions. We have been building work-placement networks across thefood chain, charitable and commercial suppliers, and 18-24 year olds not in employment or education across the food industry.

Consultation with stakeholders

In person consultations with the wider community at town meetings and community centres.We have discussed needs and outcomes with educational institutions such as East Kent College, DWP, The Education People and local youth organisations such as Pie Factory, KRAN (Kent Refugee Action Network), ArtsEdEx, TDC (Thanet District Council), Porchlight, and more.This provided feedback for us to learn which age group has the least amount of provision across the board and requires the most support. It is 18-24s not in education or employment who organisations are finding difficult to access and are not receiving funding to support.TDC’s UKSPF vision aligns with The Perfect Place to Grow in the aspirations for young people locally to secure sustainable employment long term, in particular in the industries in the locality and hertiage of the area.We are acting on the call for support of young people as well as the ask from young people to be upskilled in the food industry as well as the need for mental health and wellbeing support.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
14 November 2023

And signed on behalf of the board by:
Name: A James
Status: Director