for the Period Ended 31 March 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 31 March 2023
Directors
The director shown below has held office during the whole of the period from
1 April 2022 to 31 March 2023
The director shown below has held office during the period of
1 April 2022 to 19 October 2022
The directors shown below have held office during the period of
27 February 2023 to 31 March 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): | | ( |
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 | |||
Tangible assets: | 3 | | |
Total fixed assets: | | | |
Current assets | |||
Stocks: | 4 | | |
Debtors: | 5 | | |
Cash at bank and in hand: | | | |
Total current assets: | | | |
Creditors: amounts falling due within one year: | 6 | ( | ( |
Net current assets (liabilities): | ( | ( | |
Total assets less current liabilities: | | | |
Creditors: amounts falling due after more than one year: | 7 | ( | ( |
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 March 2023
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Other accounting policies
for the Period Ended 31 March 2023
2023 | 2022 | |
---|---|---|
Average number of employees during the period | | |
for the Period Ended 31 March 2023
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
---|---|---|---|---|---|---|
Cost | £ | £ | £ | £ | £ | £ |
At 1 April 2022 | | | | |||
Additions | | | | |||
Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 31 March 2023 | | | | |||
Depreciation | ||||||
At 1 April 2022 | | | | |||
Charge for year | | | | |||
On disposals | ||||||
Other adjustments | ||||||
At 31 March 2023 | | | | |||
Net book value | ||||||
At 31 March 2023 | | | | |||
At 31 March 2022 | | | |
for the Period Ended 31 March 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Stocks | | |
Payments on account | | |
Total | |
for the Period Ended 31 March 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Trade debtors | | |
Prepayments and accrued income | | |
Other debtors | | |
Total | | |
for the Period Ended 31 March 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Bank loans and overdrafts | | |
Trade creditors | | |
Taxation and social security | | |
Accruals and deferred income | | |
Total | | |
for the Period Ended 31 March 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Bank loans and overdrafts | | |
Total | | |
Throughout this financial year, ARC COMMUNITY SPACE CIC has built upon our foundational services, deepening our community engagement and enhancing the support provided to our beneficiaries. Our activities have seen significant growth and refinement:Food Bank Integration: Continuously supporting 300 people weekly, we’ve enhanced the food bank’s impact by integrating beneficiaries into the ARC Gardens programme. This initiative not only provides fresh produce directly to our food bank but also empowers users with the knowledge and skills to grow their own food, fostering sustainability and self-sufficiencyARC Gardens Expansion: Following our successful partnership with the Chelsea Flower Show, ARC Gardens has flourished, serving as a source of fresh produce for the food bank and a vibrant community space for learning and engagement around sustainable gardening practices.Coffee At The ARC Development: Our coffee shop has become a central hub for the community, with the addition of a youth training programme that offers valuable employment skills, reinforcing our commitment to empowering local young people.Yoga Programme Accessibility: The Yoga At The ARC initiative has been significantly expanded to offer more than 50 classes weekly. Importantly, we’ve provided free memberships to all food bank users, ensuring that wellness and mental health support are accessible to everyone in the community.Community Programme Continuity and Innovation: Our staple community offerings, such as coffee mornings, bingo, and line dancing, have been complemented by new events to cater to a wider range of interests and needs, maintaining the venue’s role as a versatile community asset.
This year, we’ve taken deliberate steps to ensure that our services not only meet but anticipate the needs of our community. Consultation has been key in this process:Direct Feedback from Food Bank Users:By engaging food bank beneficiaries in discussions about their needs and preferences, we’ve successfully encouraged some participation in both the ARC Gardens and the Yoga At The ARC programmes, promoting holistic well-being.Informal Volunteer Pathways: Although not through a formalised process, we’ve created opportunities for volunteers to transition into more permanent roles within the ARC, specifically within the food bank. This has highlighted the potential for developing a more structured volunteer-to-employment pathway in the future.Our approach to stakeholder consultation has not only informed the evolution of our existing services but also underscored the importance of flexibility and responsiveness in meeting community needs.
The total amount paid or receivable by directors in respect of qualifying services was £94,422.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
1 May 2024
And signed on behalf of the board by:
Name: Damien Brown
Status: Director