for the Period Ended 29 February 2024
Directors report | |
Profit and loss | |
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 29 February 2024
Directors
The directors shown below have held office during the whole of the period from
1 March 2023
to
29 February 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
for the Period Ended
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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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Operating profit(or loss): |
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Profit(or loss) before tax: |
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Tax: |
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Profit(or loss) for the financial year: |
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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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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 29 February 2024
Basis of measurement and preparation
Turnover policy
Other accounting policies
for the Period Ended 29 February 2024
2024 | 2023 | |
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Average number of employees during the period |
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for the Period Ended 29 February 2024
2023 | ||
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£ | ||
Taxation and social security |
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Total |
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Between 1 March 2023 – 29 February 2024 Thread Republic has continued with the mission to celebrate creativity, community and circularity through textiles. The re-use and skills hub is based in a meanwhile space (ex-retail unit on the Piazza in Huddersfield), and provides a reuse haberdashery that sells hundreds of units of donated textile resources back into the creative communities within Kirklees. In addition, they teach textile skills that connect people with hands-on opportunities to learn and share skills. We had a unique opportunity to be a key part of WOVEN in Kirklees 2023, a textiles festival in Kirklees celebrating textiles heritage and innovation. Between April – June 2023 we engaged over 50 volunteers to support with the material sourcing, packing and delivery of 1000 sewing kits to be distributed to primary school children throughout WOVEN in Kirklees festival. In December 2023 we had to move out of our second temporary space and spent January and February moving into Unit 42 which we officially opened in March 2024. Whist the hub was closed we continued with our two Stitch Socials in Holmfirth and Huddersfield, with the Lawrence Batley Theatre kindly letting us use their facilities! We also trialled a pop-up market stall in Dewsbury town hall which was really well received and good connections made with Dewsbury creatives and community groups.
Consultation takes place regularly across our programmes and with all stakeholder groups. From social media, to events and general shop opening days, we are always listening to what our community need and keen to establish new connections. During 2023 we played an active role in the WOVEN in Kirklees festival and had the chance to consult with new audiences by being practitioners for the WOVEN consultation in communities, by co-hosting a Makers Mingle and delivering a festivals “vision for the future” workshop
Directors remuneration: £7,416.00 Directors were paid this amount for the delivery of textile workshops This can be found on the annual accounts page 9.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
14 November 2024
And signed on behalf of the board by:
Name: Julia Roebuck
Status: Director