for the Period Ended 30 April 2024
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 30 April 2024
Directors
The directors shown below have held office during the whole of the period from
1 May 2023 to 30 April 2024
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
2024 | 2023 | |
---|---|---|
| £ | £ |
Turnover: | | |
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 | 2024 | 2023 | |
---|---|---|---|
| £ | £ | |
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 30 April 2024
Basis of measurement and preparation
for the Period Ended 30 April 2024
2024 | 2023 | |
---|---|---|
Average number of employees during the period | | |
for the Period Ended 30 April 2024
2024 | 2023 | |
---|---|---|
£ | £ | |
Trade creditors | | |
Accruals and deferred income | | |
Total | | |
The BBSA aims to inspire future and promote currently operating British black businesses. Statistically in the U.K members of the black community are less likely to own a business. Through an annual Black Business Expo we give a platform for business educators and community funding groups to engage with the black community to overcome some of the barriers associated with the under representation of black owned businesses. We also provide a space for trading black owned businesses to showcase themselves to people from all the different communities that attend the event. Whilst also inspiring others to follow in their brave footsteps towards ownership. During this financial year the Black Business Expo was held at the John Smiths Stadium, Huddersfield, on the 9th July 2023. The financial year was spent planning for the event, maintaining links with keynote speakers, businesses and delegates. After the event, impact analysis was conducted via feedback from businesses and delegates. The knowledge gained from analysis went straight into planning the Expo for 2024.During this financial year BBSA also organised an event named Missing You, at the Hudawi Cultural Centre in Huddersfield. The aim of the event was to give members of the community an opportunity to celebrate and acknowledge loved ones that had passed away over the last few years. The previous few years not only cut many lives short due to covid, but also limited funeral numbers and people's ability to give loved ones the send off they would have wished. The event took the form of a dance and was free to all members of every community.
The company's stakeholders include anyone interested in addressing the aspirational inequalities between different ethnic communities when it comes to business ownership. This includes people from all communities who wish to support by just attending the event and purchasing from or just positively engaging with members of the black community. Members of the black community old and young who wish to learn more about business ownership. Members of the black community who already own a business and wish to engage with potential new customers, whilst also inspiring potential new business owners with their presence. Consultations were conducted after the event on 9th July 2023 with questionnaires sent to delegates who attended and businesses who showcased. Also guest speakers, and sponsors were consulted. The aim is to conduct consultation and feedback questionnaires after each event to better understand the needs of the community we are aiming to benefit.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
12 July 2024
And signed on behalf of the board by:
Name: Neville Brown
Status: Director