for the Period Ended 31 January 2024
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
for the Period Ended
2024 | 14 months to 31 January 2023 | |
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£ |
£ |
Turnover: |
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Cost of sales: |
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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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Interest receivable and similar income: |
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Interest payable and similar charges: |
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Profit(or loss) before tax: |
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( |
Tax: |
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(
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Profit(or loss) for the financial year: |
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As at
Notes | 2024 | 14 months to 31 January 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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Creditors: amounts falling due after more than one year: | 6 |
(
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(
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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: |
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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
Tangible fixed assets depreciation policy
for the Period Ended 31 January 2024
2024 | 14 months to 31 January 2023 | |
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Average number of employees during the period |
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for the Period Ended 31 January 2024
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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Cost | £ | £ | £ | £ | £ | £ |
At 1 February 2023 |
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Additions |
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Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 31 January 2024 |
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Depreciation | ||||||
At 1 February 2023 |
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Charge for year |
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On disposals | ||||||
Other adjustments | ||||||
At 31 January 2024 |
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Net book value | ||||||
At 31 January 2024 |
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At 31 January 2023 |
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for the Period Ended 31 January 2024
2024 | 14 months to 31 January 2023 | |
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£ | £ | |
Other debtors |
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Total |
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for the Period Ended 31 January 2024
2024 | 14 months to 31 January 2023 | |
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£ | £ | |
Taxation and social security |
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Accruals and deferred income |
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Other creditors |
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Total |
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for the Period Ended 31 January 2024
2024 | 14 months to 31 January 2023 | |
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£ | £ | |
Bank loans and overdrafts |
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Total |
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The Motivation Hub continues to offer day opportunities to vulnerable adults aged 18+ who have additional learning needs, to include Autism, sensory disorders, down syndrome, angel syndrome, cerebral palsy, loss of eyesight, limited mobility. Our dedicated and highly trained staff strive each day to make a difference to lives of these wonderful individuals. Offering a wide range of meaningful activities that promote – independence, community cohesion, fitness levels, confidence, friendships, social skills. Without our service this vulnerable client group would be left lonely and isolated in their own homes, many of which live with elderly parents or social care residential settings. This year we have expanded our service with a purpose-built living area, comprising of a fully equipped kitchen with a cooker and sink designed to be accessible for wheelchair users as well. A fully furnished bedroom and living area. We have named this 1 Hub Lane. This is proving to be extremely beneficial to our clients. Gaining new healthy eating cookery skills, using a washing machine, bed making, ironing, general household task and hosting events for the wider community. Our service is running at full capacity at present, and directors are in talks with the local authority social care team with the view of possibly hiring additional areas to offer more placements to vulnerable adults. We continue to build links with other community groups at Manor Farm (where we are based) and within the wider community. We visit Places of Welcome throughout the borough of Walsall, we have helped with fund raising for a local school to help parents on low incomes in the cost-of-living crisis. We have taken part in community craft sessions, fetes, bingo sessions. We have held coffee mornings inviting – the local police, fire service, lottery funders, Local MP, NHS directors. All of which give our clients a great feeling of acceptance and inclusion. We continue to hold monthly stakeholder meetings using various communication tools ensuring all individuals are heard. We have been approached by Walsall NHS to do work with them creating an APP for families and carers to share with their vulnerable loved ones should they need to go into hospital. The aim of the APP will be to reduce vulnerable people’s fears and anxieties around hospital visits/stays. Our stakeholders are extremely excited about being involved in this amazing opportunity. It will also be very helpful in reducing skate holder’s own anxieties.
We continue to hold monthly stakeholder meetings using various communication tools ensuring all individuals are heard.
The Directors received remuneration totalling £81,671 in the period to 31st January 2024.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
13 September 2024
And signed on behalf of the board by:
Name: Suzanne Sant
Status: Director