for the Period Ended 30 June 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 30 June 2024
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
1 July 2023
to
30 June 2024
The directors shown below have held office during the period of
28 February 2024
to
30 June 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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Other operating income: |
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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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Fixed assets | |||
Tangible assets: | 3 |
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Total fixed assets: |
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Current assets | |||
Debtors: | 4 |
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Cash at bank and in hand: |
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Total current assets: |
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Creditors: amounts falling due within one year: | 5 |
(
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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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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 30 June 2024
Basis of measurement and preparation
for the Period Ended 30 June 2024
2024 | 2023 | |
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Average number of employees during the period |
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for the Period Ended 30 June 2024
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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Cost | £ | £ | £ | £ | £ | £ |
At 1 July 2023 |
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Additions | ||||||
Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 30 June 2024 |
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Depreciation | ||||||
At 1 July 2023 |
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Charge for year |
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On disposals | ||||||
Other adjustments | ||||||
At 30 June 2024 |
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Net book value | ||||||
At 30 June 2024 |
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At 30 June 2023 |
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for the Period Ended 30 June 2024
2024 | 2023 | |
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£ | £ | |
Other debtors |
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Total |
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for the Period Ended 30 June 2024
2024 | 2023 | |
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£ | £ | |
Trade creditors |
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Taxation and social security |
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Other creditors |
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Total |
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One of the aims of RESTORE is to look after the vulnerable and less fortunate and to bring a sense of happiness and belonging to the wider community. The following illustrates the activities that have benefited the community during this financial year Hosting groups within the cafe hub space such as an autistic support group for parents journeying with children with autism and also an adult neuro diverse support group. Young people’s mental health support group, meeting on a fortnightly basis on a Tuesday evening and support through activities and peer to peer conversation. Hosting Citizens Advice on a Wednesday afternoon, helping local people to access help, free drinks provided by the cafe staff to those dropping in. Running a befriending scheme supporting 25 people each week who are lonely and isolated living in the community. Working with Devon Carers to provide a sitting service for carers and giving them respite from caring, enabling them to get out of the house for a few hours during the week. Reading sessions with the local primary school and care home residents, bridging the gap between young and old and bringing together skills of the older generation and the energy and joy of younger people. Family check in service, which works with families who are struggling to access help they need to navigate the challenges of everyday life, this can be anything from financial to social issues. Christmas meal for those unable to provide a meal for themselves or who would otherwise be alone, helping to provide volunteers, support and advertising through our networks. Voluntary sector representatives for Seaton and the surrounding area; working with the statutory sector and providing voluntary help, practical help and material goods to the community. Coordinating local volunteers to provide assistance, connectivity and aid to those who were most vulnerable in the community. Helping vulnerable members of the community, assessing their needs and how we can help or point them in the right direction and assisting with essential necessities such as, homelessness, cooking facilities and domestic help. Liaising with the local foodbank and referring those in need to their service. Helping to connect the community by funding, informing, promoting and working together with local organisations, projects and social groups.
The CIC stakeholders are residents in the local community. The directors of the CIC have lived in the local community for several years and RESTORE Axe Valley CIC was set up to continue what had been established by the Seaton Coronavirus Community Group, which emerged during the COVID19 pandemic, building on the fantastic help provided by volunteers, along with the strong sense of community that emerged. We communicate with our volunteers and local organisations, as part of the care network, to ensure we can help where and when possible, all those in the local vicinity who are in need of assistance. We have continued to assist and support the local community building on the numbers since becoming established. Through discussions via the VSR care network and other local organisations such as Seaton Town Council, Seaton Chamber, Tripp, Save Food Hub, Seaton Food Bank, local churches and others in the community, ReStore Axe Valley CIC is constantly looking at ways it can help the local community and be part of local initiatives that benefit the Axe Valley.
Annual salary paid to one of the directors was included in the annual accounts under "Directors' remuneration, social securities and pension" headings. There are no other transactions or arrangements in connection with the remuneration of directors, or compensation for directors' loss of office, which require to be disclosed.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
9 October 2024
And signed on behalf of the board by:
Name: Mr Andrew Davies
Status: Director