for the Period Ended 31 October 2023
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
As at
Notes | 2023 | 2022 | |
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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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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 October 2023
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
for the Period Ended 31 October 2023
2023 | 2022 | |
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Average number of employees during the period |
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for the Period Ended 31 October 2023
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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Cost | £ | £ | £ | £ | £ | £ |
At 1 November 2022 |
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Additions | ||||||
Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 31 October 2023 |
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Depreciation | ||||||
At 1 November 2022 |
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Charge for year | ||||||
On disposals | ||||||
Other adjustments |
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At 31 October 2023 |
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Net book value | ||||||
At 31 October 2023 |
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At 31 October 2022 |
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for the Period Ended 31 October 2023
2023 | 2022 | |
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£ | £ | |
Trade debtors |
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Total |
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for the Period Ended 31 October 2023
2023 | 2022 | |
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£ | £ | |
Trade creditors |
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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 October 2023
2023 | 2022 | |
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£ | £ | |
Other creditors |
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Total |
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The company runs a range of free and affordable education and well-being services, supporting parents/carers, who often come from the most disadvantaged and neglected communities in the Broad Green area of Croydon (one of the UK’s most deprived neighbourhoods). Our passion and focus this year have been increasing our work with trauma-informed children and supporting neuro-diverse. We operate from a local church business unit in Central Croydon five days a week. During the financial year 2022-2023, Bright Futures 4 all’s activities have benefitted the community in the following ways: Setting-up a food bank for our SEND families during the school holiday periods. Alongside, a free consultancy , run by volunteers, to signpost families to the correct agencies, with multiple enquiries regarding the needs of their SEND families (e.g.) social services, education and healthcare support needs. Supporting families struggling with helping their neuro-diverse children who have been de-registered from school. We launched a home-schooling hub, for mainly BAME boys who had been struggling within a mainstream school system. Their attendance has been 99%. Providing highly quality 1-2-1 and small group maths and English tuition x 3 times a week to children from low-income backgrounds, whose attainment at primary and secondary school has improved, alongside their confidence. Trauma-informed, ‘Stay ‘n’ Play’ provision for young children (under 8years old) who are in care (Looked After Children) and cannot access a mainstream environment. Securing the improved confidence and attainment of dyslexic, dyspraxia and ADHD young people, in the areas of maths and English language, in the year of their GCSE’s. Providing opportunities for children on Free-school-meals (FSM) from reception to year 8 to engage in high quality science and sports activities, catch-up classes, with breakfast and lunch with healthy snacks in the Easter and Summer holiday 2022. Partnering online with free parent’s conference to support and equip parents with the knowledge they need to thrive whilst parenting in difficult socio-economic times.
(Please continue on separate continuation sheet if necessary.) PART 2 – CONSULTATION WITH STAKEHOLDERS – Please indicate who the company’s stakeholders are; how the stakeholders have been consulted and what action, if any, has the company taken in response to feedback from its consultations? If there has been no consultation, this should be made clear. The company’s stakeholders are local parents and their children who range in age from Reception classes (aged 4-5), to Year 13 (A’ Levels), who live within a 5 mile radius of Charis House, business centre. 66% are on a low incomes (a small but significant amount are unemployed). Of this group of low income stakeholders, 50% are single parent mums with limited financial support from their children’s fathers. At the end of each academic year, the parents are requested to fill out a parent questionnaire; Whilst I host group discussions with parents at the beginning of each academic year (September 2022) and with children at the end of each major term (Christmas 2021 and Summer 2022). The main points to come out of these consultations are that parents appreciate the service we provide and have benefitted in multiple ways from engaging with our services. Key, is creating a sense of community and our family-atmosphere, means life-long relationships have been formed. Mostly, the have seen an improvement in their child’s confidence, well-being and learning attainment in school. They are keen to have our fees remain as they are or lower. Many of our parents have shared the sacrifice they are making to access our affordable service, to secure a ‘better future’ for their child, through better exam/assessment results in schools. Parents are keen to see more added value in the service I provide in the provision of a library with a drop-in service so students can continue to study after class and free study aid books and equipment (stationary, photocopying, audio-books, SEND resources – noise reducers, buff coloured paper, overlays, supported pen grips; talking buttons, etc). The board we have includes parents from the local community and are from a range of socio-economic and ethnic backgrounds.
The aggregate amount of emoluments paid to or receivable by directors in respect of qualifying services was £27,591. There were no 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
31 October 2024
And signed on behalf of the board by:
Name: Karen Bryson
Status: Director