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 | 13 months to 31 October 2022 | |
---|---|---|
| £ | £ |
Turnover: | | |
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 | 13 months to 31 October 2022 | |
---|---|---|---|
| £ | £ | |
Fixed assets | |||
Tangible assets: | 3 | | |
Total fixed assets: | | | |
Current assets | |||
Cash at bank and in hand: | | | |
Total current assets: | | | |
Creditors: amounts falling due within one year: | 4 | ( | ( |
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
for the Period Ended 31 October 2023
2023 | 13 months to 31 October 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 | 13 months to 31 October 2022 | |
---|---|---|
£ | £ | |
Taxation and social security | | |
Accruals and deferred income | | |
Total | | |
WeDrum continues to provide musical opportunities to young people living in Suffolk, many facing barriers to music making.In spring 2023, the company were awarded project grants by the Youth Music charity and Stowmarket town council to run a pilot project to trial and test new ways of working, develop the organisation as well as establishing and strengthening partnerships with local schools and other organisations.The “WeDrum Stowmarket” project provided opportunities at Stowmarket High school, Stowupland High school, The John Peel centre, The Mix, The Mulberry Unit (SEND provider), Thrive (alternative provider) and Olive AP (Pupil Referal Unit).These opportunities were new, fresh and unique. Over 750 young people aged 12-18 engaged, facing barriers such as economic deprivation, english as an additional language, special educational needs, LGBTQ+, mental ill health, excluded from school and more.These members of these community developed musical and social skills, enjoyed new experiences (including taking part in Stowmarket Carnival), raised their self confidence, aspirations amongst many other benefits.The project continues in 23-24
WeDrum’s stakeholders are our participants, our project partners and our funders.Every session is, in large part, participant led. Our music leaders are in constant verbal consultation with young people regarding the activity, taking on and acting on their feedback. Our participants complete termly and end of project questionnaires.As part of “WeDrum Stowmarket” we formed a steering group made up of young people representing different strands of the project; each partner school and community setting for example. This group met termly and discussed various aspect of the project. For example, itwas raised that participants felt a drumming technique warm up routine would be beneficial to their development. This was subsequently included in session and proved to be veryconstructive.Project partners were consulted through session debriefs, reflections and termly meetings. In the case of an alternative provision, it was suggested that participants were ready to move from a 1:1 to a group session, which was successful.When “WeDrum Stowmarket” is complete, we submit a full project evaluation to Youth Music, who request certain information and may give feedback on this information.
Remuneration has been received:Fees for project delivery services £7,229.98
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: Joseph William Allen
Status: Director