for the Period Ended 28 February 2024
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Additional notes | |
Balance sheet notes | |
Community Interest Report |
As at
Notes | 2024 | 2023 | |
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Fixed assets | |||
Intangible assets: |
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Tangible assets: |
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Investments: |
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Total fixed assets: |
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Current assets | |||
Stocks: |
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Debtors: |
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Cash at bank and in hand: |
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Investments: |
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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: | 3 |
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Net current assets (liabilities): |
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Total assets less current liabilities: |
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Creditors: amounts falling due after more than one year: |
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Provision for liabilities: |
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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: |
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The notes form part of these financial statements
The directors have chosen not to file a copy of the company's profit and loss account.
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 28 February 2024
Basis of measurement and preparation
for the Period Ended 28 February 2024
2024 | 2023 | |
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Average number of employees during the period |
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for the Period Ended 28 February 2024
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£ | £ | |
Bank loans and overdrafts |
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Amounts due under finance leases and hire purchase contracts |
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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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Other creditors |
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Total |
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1. Smithswood Access to Services and Support 13232416 This report details the activities, achievements, and financial position of Smithswood Access to Services and Support for the period ending 28.02.2024. As a Community Interest Company (CIC), we are committed to providing mentoring and developmental support to young people, helping them achieve their full potential both personally and professionally. 4. Company Objectives Our primary objective is to empower young people through mentoring and skill development programs. We aim to: Support youth from underprivileged backgrounds. Foster personal, educational, and professional growth. Promote mental health awareness and well-being. Build confidence, resilience, and leadership skills. 5. Activities and Achievements During the financial year, we delivered several key programs and initiatives, including: Mentorship Program: Our core offering matched 50 mentors with young people aged 12-24. Mentors provided one-on-one guidance in areas such as career development, mental health, and personal goal setting. Workshops: We held 12 workshops on topics such as digital literacy, financial education, and leadership. Over 200 young people attended these workshops. Partnerships: We partnered with local schools and youth organizations to deliver specialized programs aimed at tackling specific challenges such as youth unemployment and mental health struggles. These partnerships helped us reach a wider demographic. Success Stories: Several mentees have gone on to secure internships, gain university scholarships, and even start their own community projects as a result of our mentoring and support. 6. Social Impact The company has made a significant positive impact on the community: Beneficiaries: We have directly impacted 300 young people through mentoring and workshops. Community Reach: Our programs extended to 10 schools and 3 community organizations, broadening our reach to young people in need of guidance. Outcomes: An internal survey revealed that 90% of our mentees reported improved self-confidence, and 80% felt more prepared to make decisions about their future careers. 7. Financial Overview We are committed to financial transparency and sustainability. For this reporting period: Young People: Regular feedback surveys and focus groups with participants. Parents/Guardians: Feedback sessions to understand the needs and satisfaction of parents/guardians. Schools and Partners: Collaborative meetings to align goals and share resources. 9. Future Plans Looking ahead, we aim to: Expand our mentoring programs to new regions. Launch an online platform to provide remote mentoring. Increase the number of partnerships with educational and corporate institutions to offer more opportunities for our mentees. 10. Directors’ Report The directors are pleased with the progress made during the year and are confident that the company is in a strong position to continue its growth and increase its social impact. We are committed to further improving our service delivery and ensuring that we can reach even more young people in the future. 11. Declaration We declare that the information provided in this report is accurate and reflects the activities and financial position of the company.
Consultation with all stakeholders ie trustees are conducted at weekly and monthly meetings
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
30 August 2024
And signed on behalf of the board by:
Name: Miss D A Ramsey
Status: Director