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 director shown below has held office during the period of
3 November 2022
to
31 October 2023
The director shown below has held office during the whole of the period from
18 October 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 | ||
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Turnover: |
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Cost of sales: |
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Gross profit(or loss): |
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Administrative expenses: |
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Operating profit(or loss): |
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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 | 2023 | ||
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Current assets | |||
Cash at bank and in hand: |
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Total current assets: |
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Creditors: amounts falling due within one year: | 3 |
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Total assets less current liabilities: |
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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
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 | ||
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Average number of employees during the period |
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for the Period Ended 31 October 2023
2023 | ||
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£ | ||
Accruals and deferred income |
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Total |
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Transition town IG3 is a group of local residents sustaining and transforming the IG3 area (Seven Kings and Goodmayes) in a caring and environmentally friendly community. The project is run by the community for the community, to enable people living in a more environmentally friendly way. We welcome and include local people who have something to share or want to learn and be part of making IG3 a better place to live. Our first priority activity in year 1 was to train ourselves on collaborative decision making as part of our day-to-day communication with local people and also at a Steering Group level. 12 local people attended 3 sociocracy training sessions delivered by a local resident over 6 days, enabling us to begin confidently with our engagement in the local area and with the roles withing the Steering Group. Following our training, we delivered the following activities. Trained 32 people on how to make forest gardens: a place for all people to share and learn how to grow food in a low maintenance way. This involved 3 workshops delivered over 8 days where we explored and made designs for the gardens. This engaged 180 people over the year of people interested in wanting to help make the forest garden happen. Unfortunately the local council rescinded permission for the original location of the forest garden and despite our attempts to resolve this and identify another location we were not able to proceed with the actual creation of the forest garden. Delivered 12 sessions for the public on how to upcycle clothing at the local library, supporting people to repair and completely remake old clothes into something new. This Engaged on average 12 people per session, half of whom came to most sessions, engaging around 150 people in total and involving a wide range of new garments such as bags, dresses and accessories. We also attempted to set up a food buyers coop in our first year but there was not enough interest. We continue to keep this as a ‘live’ option, mentioning it to people we speak to in the local community and are open to setting this up whenever there is a big enough collective to begin.
Our stakeholders are anyone in the local community who has an interest in and wants to get involved in improving the local area. As part of our delivery activities above there is always consultation on how residents would like to execute the projects we deliver and what their priorities are as part of this. We then move forward with the next sessions based on this feedback
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
25 September 2024
And signed on behalf of the board by:
Name: 25/09/2024
Status: Director