for the Period Ended 31 March 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 31 March 2024
Principal activities of the company
Directors
The director shown below has held office during the whole of the period from
1 April 2023
to
31 March 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 | |
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£ |
£ |
Turnover: |
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Cost of sales: |
(
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(
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Gross profit(or loss): |
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Administrative expenses: |
(
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(
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Operating profit(or loss): |
( |
( |
Interest receivable and similar income: |
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Profit(or loss) before tax: |
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( |
Profit(or loss) for the financial year: |
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( |
As at
Notes | 2024 | 2023 | |
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£ |
£ |
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Fixed assets | |||
Tangible assets: | 3 |
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Total fixed assets: |
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Current assets | |||
Cash at bank and in hand: |
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Total current assets: |
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Prepayments and accrued income: |
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Creditors: amounts falling due within one year: | 4 |
(
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(
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Net current assets (liabilities): |
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( |
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Total assets less current liabilities: |
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( |
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Accruals and deferred income: |
(
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Total net assets (liabilities): |
( |
( |
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Members' funds | |||
Profit and loss account: |
( |
( |
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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 March 2024
Basis of measurement and preparation
Tangible fixed assets depreciation policy
for the Period Ended 31 March 2024
2024 | 2023 | |
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Average number of employees during the period |
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for the Period Ended 31 March 2024
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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Cost | £ | £ | £ | £ | £ | £ |
At 1 April 2023 |
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Additions | ||||||
Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 31 March 2024 |
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Depreciation | ||||||
At 1 April 2023 |
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Charge for year |
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On disposals | ||||||
Other adjustments | ||||||
At 31 March 2024 |
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Net book value | ||||||
At 31 March 2024 |
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At 31 March 2023 |
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for the Period Ended 31 March 2024
2024 | 2023 | |
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£ | £ | |
Trade creditors |
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Taxation and social security |
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Accruals and deferred income |
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Total |
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The company is a not-for-profit Community Interest Company based in Luton, which has been set up to encourage a love of reading and creative writing at any age through a range of events, activities and initiatives, and to promote the early uptake of reading in children. It does this through the community bookshop, Brown Books, and various funded projects- Luton Literature Book Festival, Storytelling, etc. In this period, Luton Literature and its directors, staff and volunteers: Secured funding for the lease on Brown Books bookshop Secured funding for two project and volunteer coordinators to work in the bookshop, employing local people Delivered their first Storytelling project; 5 workshops aimed at groups of care leavers, young carers, LGBTQIA+ and pupils in two SEND schools in Luton, which resulted in five stories being created that were written up buy published authors Started running two regular book clubs in the shop as a joint project with Luton Central Library Delivered a number of arts and crafts, and storytelling session for children Secured ACE funding for this years (2024) book festival in November.
The company will serve the people of Luton and the surrounding area who have limited access to libraries and literature initiatives. The service users and other key stakeholders will be identified and consulted with on an ongoing basis once the projects are up and running.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
9 September 2024
And signed on behalf of the board by:
Name: Miss M.M. Brown
Status: Director