for the Period Ended 30 November 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 30 November 2023
Directors
The director shown below has held office during the whole of the period from
1 December 2022 to 30 November 2023
The director shown below has held office during the period of
15 November 2023 to 30 November 2023
The director shown below has held office during the period of
10 November 2023 to 30 November 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): | | |
Administrative expenses: | ( | ( |
Other operating income: | | |
Operating profit(or loss): | | ( |
Profit(or loss) before tax: | | ( |
Tax: | ( | |
Profit(or loss) for the financial year: | | ( |
As at
Notes | 2023 | 2022 | |
---|---|---|---|
| £ | £ | |
Fixed assets | |||
Tangible assets: | 3 | | |
Total fixed assets: | | | |
Current assets | |||
Debtors: | 4 | | |
Cash at bank and in hand: | | | |
Total current assets: | | | |
Creditors: amounts falling due within one year: | 5 | ( | ( |
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
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 30 November 2023
Basis of measurement and preparation
Tangible fixed assets depreciation policy
Other accounting policies
for the Period Ended 30 November 2023
2023 | 2022 | |
---|---|---|
Average number of employees during the period | | |
for the Period Ended 30 November 2023
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
---|---|---|---|---|---|---|
Cost | £ | £ | £ | £ | £ | £ |
At 1 December 2022 | | | | |||
Additions | ||||||
Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 30 November 2023 | | | | |||
Depreciation | ||||||
At 1 December 2022 | | | | |||
Charge for year | | | ||||
On disposals | ||||||
Other adjustments | ||||||
At 30 November 2023 | | | | |||
Net book value | ||||||
At 30 November 2023 | | | | |||
At 30 November 2022 | | | |
for the Period Ended 30 November 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Trade debtors | | |
Total | | |
for the Period Ended 30 November 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Trade creditors | | |
Taxation and social security | | |
Other creditors | | |
Total | | |
In the space provided below, please insert a general account of the company’s activities in thefinancial year to which the report relates, including a description of how they have benefitedthe community.The company runs the Merry Go Round shop and online store, retailing second handchildren’s clothing and related goods to raise money for 12 local Primary Schools. We alsolaunched a Merry Go Round eBay shop via the ‘eBay for Change programme’ which hasbrought us another stream of revenue.We always strive to reduce waste, encourage re-use and reduce the environmental impact ofchildren’s goods. In addition to this, we reduce food waste by providing a community fridgereduces and by distributing excess produce from other groups and the local community.We also provide support to our local community by running a small foodbank which doubled insize this year, providing a warm space and free activities for all ages, offering emotionalsupport and signposting people to external support services, running a baby-weigh clinicalongside other sessions from external providers including breastfeeding advice.Our activities this financial year benefitted the community in the following ways:1. We have improved the mental and physical wellbeing of people in our community withour foodbank and designated warm space. We have helped to alleviate food povertyand isolation in our town and have provided emotional and practical support, includingsignposting people to external support services.2. We ran a successful Crowdfunder campaign to raise funds to enable us to keep ourfoodbank fully stocked with a good range of products, and create a hardship fundwhich helps individuals in crisis. We also secured a £1000 grant from the local councilto assist with this.3. We worked in conjunction with other organisations such as schools and SocialServices to provide free clothing, shoes, school uniform and baby equipment to thosemost in need in our immediate and wider community. We also now supply free schooluniform to everyone.4. Local residents have been able to purchase a wide range of good quality children’sclothing, shoes, books, toys & games, school uniform and baby equipment at very lowprices, particularly benefitting those on a low income / without their own transport.5. As well as offering general volunteering opportunities, we also helped 3 Duke ofEdinburgh Award participants achieve the volunteering element of their award.6. The company has continued to provide part-time employment for 3 local residents, andhas engaged the services of multiple local businesses.7. We made a profit of £1135 after taxation to distribute between the schools that weraise funds for.
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
10 March 2024
And signed on behalf of the board by:
Name: Mrs Sadie Coventry
Status: Director