for the Period Ended 31 October 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 October 2023
Directors
The director shown below has held office during the whole of the period from
1 November 2022 to 31 October 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: | ( | ( |
Operating profit(or loss): | | ( |
Profit(or loss) before 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: | 4 | | |
Debtors: | 5 | | |
Cash at bank and in hand: | | | |
Investments: | | | |
Total current assets: | | | |
Prepayments and accrued income: | | | |
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 | ( | ( |
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 31 October 2023
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Other accounting policies
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 | |
---|---|---|
£ | £ | |
Stocks | | |
Payments on account | | |
Total | | |
for the Period Ended 31 October 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Trade debtors | | |
Prepayments and accrued income | | |
Other debtors | | |
Total | | |
Debtors due after more than one year: | | |
for the Period Ended 31 October 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Bank loans and overdrafts | | |
Trade creditors | | |
Accruals and deferred income | | |
Other creditors | | |
Total | | |
for the Period Ended 31 October 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Other creditors | | |
Total | | |
BEAMZ Trust CIC are challenging the triple-threat issue of Climate-emergency, biodiversity loss and poor wellbeing. Each of these are a cause of the other two, and are in turn caused by the other two. There are so many interdependencies and feedback loops that they all need to be tackled together. And BEAMZ are tackling it with wooden bicycles. The biggest sector of our excessive energy use is embodied energy. That is the energy required to make all the ‘stuff’ we consume in our day to day lives. Most of this energy is used in the mining and refining of the materials from which they are made. Because these processes take place in distant lands we have little knowledge or oversight of the process. For this reason the environmental outcome of our purchases are not included in the UK total BEAMZ are demonstrating that a remarkable sustainable material is growing in our local area. The bikes are made from Coppice-wood poles. Small broadleaf trees grow in parklands, roadsides and riversides, as well as coppice-managed woodland. When these trees are cut, the root live on and generates a new set of poles which can be cut again in 7 to 12 years. The root continues to sequester carbon, support the soil and maintain the porosity of the soil, reducing flooding. Periodic cutting of the poles lower the canopy allowing sunlight to reach the woodland floor. This unleashed a flowering of woodland plants which have lain dormant during the dark period. These support invertebrates which are the base of the food-chain for amphibians, reptiles mammals and birds. These animals poop and die I the woodland providing a supply of nutrient to support the regeneration of the trees. Using the poles in their natural state minimises processing and offers high strength because the grain structure is uninterrupted. Using this material to make bike frames BEAMZ are putting it head to head with the best structural materials available. The process creates working and volunteering opportunities which involve working in woodland, working with wood, working with your hands and working to push back on the triple-threat problem. Once the bikes leave the workshop, they attract plenty of attention, offering us a great opportunity to draw attention to the important issues. BEAMZ are also pioneering ways to sustain and support the rider’s attachment to the bike, both by technical support of the bike and creating a riding community to emotional support the rider. This will ensure a long product life. BEAMZ is unusual in encompassing a significant technical development to develop the processing of the material, debarking, hollowing and joining, in a way that creates a reliable structure in an economic time. Much of the workload in the 22-23 year has been improving the special machinery and jigs used in this process and significant advances have been made. Improved processes for binding the joints have greatly enhanced the reliability and appearance of the bikes.
During the 22-23 year the stakeholders were limited to our four rider customers. Our current bikes are Beta versions, (a product still in development) and our riders are people who are happy to put miles on the bikes to expose them to the public and discover problems or shortcomings with the design. They are also happy to return the bikes for display at shows. They are supporters of the BEAMZ project and its aims. Consultation has been limited to informal conversation, but has been very helpful in developing the bikes, which is key to realising our aims and achieving our impacts. Training and inspiration from the SSE course has enabled BEAMZ to build a small group of volunteers in the current year, who we will be consulting more formally.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
30 July 2024
And signed on behalf of the board by:
Name: Nick Coates
Status: Director