SEDBURY SPACE

Company limited by guarantee

Company Registration Number:
10623834 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2024

Period of accounts

Start date: 1 March 2023

End date: 28 February 2024

SEDBURY SPACE

Contents of the Financial Statements

for the Period Ended 28 February 2024

Directors report
Balance sheet
Additional notes
Balance sheet notes

SEDBURY SPACE

Directors' report period ended 28 February 2024

The directors present their report with the financial statements of the company for the period ended 28 February 2024

Principal activities of the company

The aims of Sedbury Space are to: enhance community cohesion and inclusivity; encourage participation and volunteering; promote physical, mental and emotional well-being; provide improved access to services and advice within the local community; maximise the use of the premises as a local resource and safe environment for community activities for Sedbury and the surrounding area; provide a valued community space that will complement other community venues and facilities.

Political and charitable donations

The Charities Act requires that there is an identifiable benefit or benefits arising from the work of all charities, and such benefit must be to the public or a section of the public. The trustees confirm that they have referred to the Charity Commission's guidance on public benefit when reviewing the trust's aims and objectives and in planning future activities.



Directors

The directors shown below have held office during the whole of the period from
1 March 2023 to 28 February 2024

Lee Durbin
Carol Clammer
Karen Maggs
Richard Skinner


Secretary Susan Riordan

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
23 July 2024

And signed on behalf of the board by:
Name: Lee Durbin
Status: Director

SEDBURY SPACE

Balance sheet

As at 28 February 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 32,748 48,680
Investments:   0 0
Total current assets: 32,748 48,680
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 3 ( 2,553 ) ( 2,417 )
Net current assets (liabilities): 30,195 46,263
Total assets less current liabilities: 30,195 46,263
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 30,195 46,263
Members' funds
Profit and loss account: 30,195 46,263
Total members' funds: 30,195 46,263

The notes form part of these financial statements

SEDBURY SPACE

Balance sheet statements

For the year ending 28 February 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 4 July 2024
and signed on behalf of the board by:

Name: Karen Maggs
Status: Director

The notes form part of these financial statements

SEDBURY SPACE

Notes to the Financial Statements

for the Period Ended 28 February 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SEDBURY SPACE

Notes to the Financial Statements

for the Period Ended 28 February 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 1

SEDBURY SPACE

Notes to the Financial Statements

for the Period Ended 28 February 2024

3. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 0 0
Accruals and deferred income 2,553 2,417
Total 2,553 2,417