for the Period Ended 31 March 2024
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
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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Provision for liabilities: |
(
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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: |
( |
( |
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
for the Period Ended 31 March 2024
2024 | 2023 | |
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Average number of employees during the period |
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for the Period Ended 31 March 2024
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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Cost | £ | £ | £ | £ | £ | £ |
At 1 April 2023 |
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Additions |
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Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 31 March 2024 |
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Depreciation | ||||||
At 1 April 2023 |
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Charge for year |
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On disposals | ||||||
Other adjustments | ||||||
At 31 March 2024 |
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Net book value | ||||||
At 31 March 2024 |
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At 31 March 2023 |
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for the Period Ended 31 March 2024
2024 | 2023 | |
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£ | £ | |
Trade debtors |
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Prepayments and accrued income |
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Other debtors |
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Total |
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for the Period Ended 31 March 2024
2024 | 2023 | |
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£ | £ | |
Accruals and deferred income |
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Other creditors |
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Total |
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1. Merton Lodge Community Hub - The second year of Merton lodge has been incredibly successful, and we have implemented some brand-new projects, specifically for adults in need of cultural opportunities. This included social activities, groups projects and art clubs. 2. We have also allocated funding towards creating a full-time paid opportunities for a local disadvantaged women on the estate who now acts as our centre manager. We provide guidance on daily activities and offer support on self-guided projects. This has been a huge success and there has been a notable increase in user uptake since a community member was employed. 3. We have continued our ongoing relationship with a training provider, expanding our training range to include the wider northeast particularly Northumberland, bringing more people into the scheme and reaching rural and underserved areas. 4 NE14 has offered work placements to multiple young people from across Newcastle and Durham. The young people have joined us for up to 3 months gaining vital work experience in the film, TV and creative industry. 5 We have gained an additional staff member who previously, joined us through a local work scheme, this is now the second year of paid work with NE14.
No consultation with stakeholders
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
3 October 2024
And signed on behalf of the board by:
Name: Sheila Williams
Status: Director