for the Period Ended 31 October 2023
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
for the Period Ended
2023 | 2022 | |
---|---|---|
| £ | £ |
Turnover: | | |
Cost of sales: | ( | ( |
Gross profit(or loss): | | |
Administrative expenses: | ( | ( |
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 31 October 2023
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
for the Period Ended 31 October 2023
2023 | 2022 | |
---|---|---|
Average number of employees during the period | | |
for the Period Ended 31 October 2023
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
---|---|---|---|---|---|---|
Cost | £ | £ | £ | £ | £ | £ |
At 1 November 2022 | | | ||||
Additions | ||||||
Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 31 October 2023 | | | ||||
Depreciation | ||||||
At 1 November 2022 | | | ||||
Charge for year | | | ||||
On disposals | ||||||
Other adjustments | ||||||
At 31 October 2023 | | | ||||
Net book value | ||||||
At 31 October 2023 | | | ||||
At 31 October 2022 | | |
for the Period Ended 31 October 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Trade debtors | | |
Total | | |
for the Period Ended 31 October 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Trade creditors | | |
Total | | |
General Description of Company’s Activities and Impact.Stour Trust’s Mission is to:Partners with developers and local authorities to secure assets to offer as genuine housing, affordable studios, community and cultural spaces.Promotes creative, artistic and cultural sectors through provision of exhibition spaces, business support, resources, skills development and opportunities.Protect civic and cultural buildings through campaigning and policy change actions.Development of employment and training opportunities.Promote social inclusion & mobility, equality and racial justice through its work Community engagement through location of our projects, prioritising under-represented groups, artists and leaders.Support Community led regeneration through policy and influencing.Partners with developers and local authorities to secure assets to offer as genuine affordable studios, community and cultural spaces.Protect civic and cultural buildings through campaigning and policy change actions.Stour Trust has continued to offer affordable studios to artists through provision of studio spaces across East London. We have also supported another 8 organisations to secure buildings for community use through policy and strategy support.Stour Trust continues to engage closely with 4 local authorities and the Mayor's office to support its strategy to support culture at risk and retain affordability across London.We held 12 workshops with local community groups to support their asset strategy and community engagement.We have supported campaigns and policy development through talks, research and network development. Promotes creative, artistic and cultural sectors through provision of exhibition spaces, business support, resources, skills development and opportunities.Create and support the creation of employment and training opportunities.During the year we continued to support the creative and artistic sector through: --Partnering with creative organisations such as Batsumi and Rise Up to deliver cultural programming that supports people from marginalised backgrounds. -Commissioned 10 artists to produce work that responds the themes of belonging and home-Provided support to 48 young people from under-represented communities to progress their careers and businesses. Promote social inclusion and community engagement.We have supported citizen scientists to map and research their local communities to evidence the gap between regeneration and local people’s needs. This resulted in key evidence around lack of local infrastructure, gaps in provision that allows local people to lead on their solutions to local issues, a feeling of being ignored by decision makers and lack of trust in a joint vision for their community’s future. Local people PolicyStour Trust with partners across the UK are influencing policies around affordable housing, community and cultural spaces. We engage with local authorities while drafting their Local Plans as well as the GLA to ensure inclusivity, equity and an approach that delivers impact for local people. We are keen to ensure ecosystems that serve communities from Black and Minoritised backgrounds are not lost.
Consultation with Stakeholders Stour Trust’s stakeholders are tenants, artists or community members served by our spaces. Our wider community and local partners such as other workspace providers, the local authority and education institutions. We hold bi yearly consultations to gather input & feedback on our priorities.Tools we use to make consultation accessible and engaging are local co-designed events, online surveys, one- to -ones and Zoom meetings, A bi monthly newsletter also goes out to members to keep them updated on projects and communicate any upcoming events. The Trust also has a Community Network Driver to activate focus groups to ensure maximum community interaction that can feed into our work.
Directors RemunerationThe aggregate paid or receivable by directors for qualifying services was 38,550There are 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
20 June 2024
And signed on behalf of the board by:
Name: Juliet Can
Status: Director