for the Period Ended 31 January 2024
Directors report | |
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
As at
Notes | 2024 | 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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Net current assets (liabilities): |
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Total assets less current 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 31 January 2024
Basis of measurement and preparation
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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£ | £ | |
Other creditors |
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Total |
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In the space provided below, please insert a general account of the company’s activities in the financial year to which the report relates, including a description of how they have benefited the community. In the past financial year, High Achievers Lab has remained committed to its mission of empowering the Brixton community through purpose-driven fitness initiatives. Our core activities have revolved around not only promoting physical health but also fostering positive social impact and holistic well-being. Our primary activities include offering a wide range of fitness programs and classes designed to cater to the diverse needs and preferences of our members. These programs encompass various fitness disciplines, from strength training and cardio workouts to initiation sessions. By providing a comprehensive suite of fitness options, we aim to make wellness accessible and enjoyable for individuals of all backgrounds and fitness levels. What sets High Achievers Lab apart is our unwavering dedication to community empowerment. Through our innovative business model, where member subscriptions directly contribute to funding free fitness classes for local young people, we have been able to make a tangible and lasting difference in the lives of the youth in our community. These free classes serve as a platform for nurturing resilience, confidence, and empowerment among the younger generation, enabling them to face life's challenges head-on
In line with our commitment to inclusive and collaborative practices, High Achievers Lab recognizes the significance of engaging with our stakeholders to shape our services and drive meaningful impact. Our stakeholders encompass a diverse group, including our valued members, beneficiaries, strategic partners, and the wider community we serve. Stakeholder Consultation Methods: Surveys and Questionnaires: We proactively conducted two comprehensive surveys, carefully designed to capture a spectrum of stakeholder opinions. These surveys delved into important topics such as training session preferences, satisfaction levels, brand perception, and specific areas for improvement. Direct Engagement: We fostered direct interactions with stakeholders through personalized outreach, including individual conversations. These interactions allowed us to address immediate queries, gather real-time feedback, and foster a strong sense of engagement. Actions Taken in Response to Feedback: Tailored Training Sessions: Stakeholder preferences for specific training session types have inspired us to curate a diversified weekly schedule, ensuring that our offerings align with the diverse needs and preferences of our members. Optimised Session Timings: Valuable feedback on preferred training session timings has guided us in scheduling sessions at times that best suit our stakeholders' lifestyles. Enhanced Social Responsibility: Stakeholder emphasis on our social approach has reinforced our commitment to community impact. We have deepened our efforts to reach and positively influence young people. Brand Perception and Name: The positive brand rating provided by stakeholders have encouraged us to continue building upon our brand identity and maintaining the strong brand name recognition of High Achievers Lab but also encourages us to change our logo to make it more appealing to young people. Service Refinements: Stakeholder feedback regarding areas for improvement has prompted us to focus on enhancing facility features, and overall member support services. Value for Money: Insights into stakeholder perceptions of value for money has driven us to continuously assess and optimize the quality and affordability of our services. Member Experience: Feedback on the aspects that stakeholders find lacking has inspired us to develop a more comprehensive and holistic member experience that addresses these gaps. Community Building: Recognising the importance of fostering a sense of community, we are focusing on creating more opportunities for networking, collaboration, and mutual support among our stakeholders. Our commitment to stakeholder engagement is unwavering, as we understand that their perspectives and needs guide our growth journey.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
16 October 2024
And signed on behalf of the board by:
Name: Bruce Ndala
Status: Director