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: | ( | ( |
Other operating income: | | |
Operating profit(or loss): | | ( |
Profit(or loss) before tax: | | ( |
Profit(or loss) for the financial year: | | ( |
As at
Notes | 2023 | 2022 | |
---|---|---|---|
| £ | £ | |
Current assets | |||
Cash at bank and in hand: | | | |
Total current assets: | | | |
Creditors: amounts falling due within one year: | 3 | ( | ( |
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
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
2023 | 2022 | |
---|---|---|
£ | £ | |
Other creditors | | |
Total | | |
7 Spheres is focused on bringing communities together.The company runs events to benefit communities in London affected by poverty, social or digital isolation and housing inequality.7 Spheres runs activities for all ages, cultures and backgrounds in the hope to raise spirits within the community.During the financial year 2022 – 2023 Some of the activities which have benefited the community include:Organising chess for children of diverse backgrounds in the community, this allowed them to learn, a game based on critical thinking, and form bonds with other memeber's of the community, they may not have had the opportunity to do so otherwise.Organising events where women of diverse ages and backgrounds at risk of social isolation were able to come together in a safe environment, play volleyball and create new friendships preventing isolation.Organising a trip to the zoo for community members affected by poverty and housing inequality. This trip assisted in strengthening community ties between people of different cultures and backgrounds in the community, raising spirits and preventing isolation.Our local gatherings have utilised local foods shops and traders, this has helped in supporting the local economy and also building community ties by introducing the local community to local traders in their area.
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
31 July 2024
And signed on behalf of the board by:
Name: Rafika Ougad
Status: Director