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 directors shown below have 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 | 13 months to 31 October 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 | 13 months to 31 October 2022 | |
---|---|---|---|
| £ | £ | |
Current assets | |||
Debtors: | 3 | | |
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
Turnover policy
Other accounting policies
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
2023 | 13 months to 31 October 2022 | |
---|---|---|
£ | £ | |
Prepayments and accrued income | | |
Total | |
for the Period Ended 31 October 2023
2023 | 13 months to 31 October 2022 | |
---|---|---|
£ | £ | |
Trade creditors | | |
Accruals and deferred income | | |
Total | | |
In Connect-Conserve Cymru’s second year we have maintained our 4 company directors and increased our membership of accredited individuals living and working in Wales. This year focused mainly on developing the company and business skills. VP and PR undertook HR training with Cherry Torrance and VP, PR, KA and AT undertook business growth and management mentoring to help us work together as a board and progress. Both training events were via Cwmpas, who have been a great support to us these past two years. VP also attended sessions on how to write tenders and KA undertook personal growth mentoring via Think, Be Do Leadership lead by Julie Hutchinson. This has helped to change our thinking and inspire us to work together more. This year concentrated on building partnerships and submitting tenders and quotes for future projects. We successfully delivered 4 training events and a mapping project for the Welsh Government and began a collections assessment for a University museum collection. We also offered placements to 2 Cardiff University students. We employed 6 members and 4 non-members. As a membership-based company, we have strengthened relationships within the company and are able to meet physically with the members to maintain connections, share ideas and discuss new projects. The group is spread across Wales and we keep the members abreast of changes within the conservation world. We have had positive feedback from the members who are grateful for the help and support that is there and will continue to be there for them. The membership is growing, and students and emerging and returning professionals are also becoming members.
The stakeholders are the members. The membership comprises anyone working and/or living in Wales that is a conservator either an accredited conservator or an emerging or returning professional. The current number of members is c. 30. This CIC was founded to support these individuals during and following lockdown. Connect-Conserve has offered support through in-person meetings, phone calls, emails and zoom meetings. Connect-Conserve offers training opportunities to its members and to students for internships and placements. Work is also found through tendering for projects and the members are at liberty to apply to work on projects within their skills set. All members working on projects run through Connect-Conserve are insured under Connect-Conserves insurance policy. The members are kept up to date on the project undertaken by Connect-Conserve, and are consulted with regarding involvement with strategic Welsh Government policy making, training and contractual work, as well as how the company should develop and grow. We are currently looking to introduce a membership fee to be a member. This was discussed with the members who are in agreement that there should be a fee in the future. An annual general meeting was held for the membership and the directors on 17/10/2023.
Directors were paid a total of £8,778 on normal commercial terms as sub-contractors for professional services rendered to the company.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
26 July 2024
And signed on behalf of the board by:
Name: Dr Victoria Purewal
Status: Director