for the Period Ended 31 March 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 31 March 2024
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
14 April 2023
to
31 March 2024
The director shown below has held office during the period of
10 January 2024
to
31 March 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
2024 | ||
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£ |
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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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Profit(or loss) for the financial year: |
( |
As at
Notes | 2024 | ||
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£ |
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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: |
( |
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 March 2024
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Intangible fixed assets amortisation policy
for the Period Ended 31 March 2024
2024 | ||
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Average number of employees during the period |
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for the Period Ended 31 March 2024
2024 | ||
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£ | ||
Accruals and deferred income |
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Total |
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Prisma Group CIC runs a county-wide youth forum called Loud & Proud that empowers local young people who self-identify as a minority sexual orientation or minority gender identity to create the change they would like to see in their local community. The youth forum launched officially in September 2023 and in the financial year 2023 to 2024, the youth forums activities have benefited the community in the following ways: - Empowering 7 local young people to create the change they wish to see - Providing a safe space for young people to express their opinions - Provided support to one young person during a turbulent time - Played a part in planning an event for 300 young people from across Buckinghamshire to express their concerns In addition to the forum, we have also developed a training programme in the financial year 2023 to 2024 that is set to be released in the next financial year.
The company's stakeholders are young people from within Buckinghamshire to self-identify as a minority sexual orientation or a minority gender identity. They have been consulted via the monthly meetings of the youth forum and all of their opinions and views have been considered at each stage of our delivery and planning. When the young people in question have voted in favour of a particular action, this action is then signed off by our chair of directors and is automatically passed into effect when there is no objections by the remaining board of directors.
Our directors received payment for their involvement in projects conducted on the behalf of Prisma Group CIC. They were paid £10 an hour per hour of work, as agreed in a previous director's meeting. In total, three different director's received a combined sum of £305 for the delivery of the Loud & Proud youth forum and the development of the Queer Awareness training programme.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
22 November 2024
And signed on behalf of the board by:
Name: Ryan Hobbs
Status: Director