for the Period Ended 31 January 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 January 2024
Directors
The directors shown below have held office during the whole of the period from
1 February 2023
to
31 January 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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Gross profit(or loss): |
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Administrative expenses: |
(
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(
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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 | 2024 | 2023 | |
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£ |
£ |
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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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(
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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: | 4 |
(
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(
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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 January 2024
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
for the Period Ended 31 January 2024
2024 | 2023 | |
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Average number of employees during the period |
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for the Period Ended 31 January 2024
2024 | 2023 | |
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£ | £ | |
Taxation and social security |
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Total |
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for the Period Ended 31 January 2024
2024 | 2023 | |
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£ | £ | |
Bank loans and overdrafts |
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Total |
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Last year was by far on of the most important in terms of our work towards sustainability with a steady rise our turnover being generated through earned income. We secured funding to prepare us for social investment and used it to contract with a team of consultants to carry our the following tasks: Business Planning Development of a marketing plan Financial Modelling Review of our Intellectual Property and future recommendations There has however been some delay in applying for social and we hope to complete this by the end of 2024. The delays were due to capacity and the start of a new project the support the development of a BAME partnership in Nottingham. We have been one of the key players in a two community dialogues aimed at promoting community cohesion amongst individuals and organisations in what has been very difficualt times. The cause of the difficulties was. Nottingham City Council declaring themselves bankrupt (and Commisioners coming in to run the authority. Far right protests across the country and in Nottingham – threatening to divide communities In a nutshell, we continue to go from strength-to-strength and are optimistic about the social impact we will make in the forthcoming year For more details of our work during the last year please go to www.communitiesinc.org.uk
As stated in previous CIC 34’s, we continue to be led by our stakeholders. Few of our many projects and programmes are delivered solely by us and most of them involve us working in partnership with a least one partner. Our largest project ‘Rebuilding Stronger Communities 2’ has just been refunded by the National Lottery and will see us working with over 2000 people over a three year period. This project helps to keep us grounded as it is demand-led and designed to deal with emerging challenges
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
8 October 2024
And signed on behalf of the board by:
Name: Michael Henry
Status: Director