for the Period Ended 31 March 2024
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
As at
Notes | 2024 | 2023 | |
---|---|---|---|
|
£ |
£ |
|
Current assets | |||
Debtors: | 3 |
|
|
Cash at bank and in hand: |
|
|
|
Total current assets: |
|
|
|
Creditors: amounts falling due within one year: | 4 |
(
|
(
|
Net current assets (liabilities): |
|
( |
|
Total assets less current liabilities: |
|
( |
|
Total net assets (liabilities): |
|
( |
|
Members' funds | |||
Profit and loss account: |
|
( |
|
Total members' funds: |
|
( |
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 March 2024
Basis of measurement and preparation
Turnover policy
for the Period Ended 31 March 2024
2024 | 2023 | |
---|---|---|
Average number of employees during the period |
|
|
for the Period Ended 31 March 2024
2024 | 2023 | |
---|---|---|
£ | £ | |
Prepayments and accrued income |
|
|
Total |
|
|
for the Period Ended 31 March 2024
2024 | 2023 | |
---|---|---|
£ | £ | |
Taxation and social security |
|
|
Accruals and deferred income |
|
|
Total |
|
|
for the Period Ended 31 March 2024
Between 2023 and 2024, we solidified our CIC structure and expanded our activities significantly. We successfully secured grant funding, allowing us to hold two free knitting and crochet workshops every month throughout the year. These workshops continued to support our Blankets for Lambeth Project (which grew into Blankets for London to support a larger community), which creates blankets for people experiencing homelessness across the borough. In this period, we assembled an impressive 174 blankets. Additionally, we engaged over 1000 people through our various activities, promoting skill-sharing and growing a sense of community.
Primary Stakeholders: Elena Lo Presti, Raschique Narwan, Ezgi Kaya (CIC’s Directors). We constantly consult stakeholders through a continuous feedback loop implemented in our workshop’s activities. With our management team, we have quarterly meeting consultations.
For the financial year the amount of £7,488 paid to or receivable by director Elena Lo Presti for their services to the company. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s 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
8 October 2024
And signed on behalf of the board by:
Name: Elena Lo Presti
Status: Director