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
Company policy on disabled employees
Directors
The directors shown below have held office during the whole of the period from
1 April 2023
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 | 13 months to 31 March 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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Distribution costs: |
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Administrative expenses: |
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Other operating income: |
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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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Profit(or loss) for the financial year: |
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As at
Notes | 2024 | 13 months to 31 March 2023 | |
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Fixed assets | |||
Intangible assets: |
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Tangible assets: | 3 |
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Investments: | 4 |
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Total fixed assets: |
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Current assets | |||
Stocks: | 5 |
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Debtors: | 6 |
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Cash at bank and in hand: |
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Investments: |
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Total current assets: |
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Prepayments and accrued income: |
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Creditors: amounts falling due within one year: | 7 |
(
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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: |
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Provision for liabilities: |
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Accruals and deferred income: |
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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 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 | 13 months to 31 March 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 |
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Revaluations |
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Transfers |
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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 |
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Other adjustments |
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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
we have investments money help for long term include loan from the bank
for the Period Ended 31 March 2024
2024 | 13 months to 31 March 2023 | |
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£ | £ | |
Stocks |
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Payments on account |
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Total |
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for the Period Ended 31 March 2024
2024 | 13 months to 31 March 2023 | |
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£ | £ | |
Trade debtors |
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Total |
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Debtors due after more than one year: |
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for the Period Ended 31 March 2024
2024 | 13 months to 31 March 2023 | |
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£ | £ | |
Bank loans and overdrafts |
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Amounts due under finance leases and hire purchase contracts |
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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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The company runs the following programs and initiatives: Sports and Physical Activities: Football activities and fitness classes for individuals who cannot afford the high costs of participating in social and sports activities. Health and Wellbeing Workshops and Awareness Programs: Delivered in partnership with Stockwell Trust, these programs support adults and young people facing challenges related to the current cost-of-living crisis. Mental Health Awareness Sessions: Targeted on young adults and youth at risk of developing mental health issues due to the post-COVID environment and the ongoing cost-of-living challenges. Employment Skills Support: Offered in collaboration with Copef , helping participants enhance their employment opportunities. This also offer confidence skills, motivation and encourage participants to take employment opportunity. Community and Social Engagement Activities: Includes sports, physical activities, wellbeing initiatives, food bank access, and volunteering work placements. Referral and Signposting Services: Directing individuals to benefit advice and other essential services. Benefits of Our Activities Volunteer and Staff Development: Six volunteers and three staff members have gained positive outcomes through their involvement. Most of them are young adults who serve as role models in the community. Support for Adults and Young People: Our activities have benefited both adults and young people in the Lambeth community, particularly underrepresented groups and individuals with learning disabilities. Access for Low-Income Residents: Local residents from low-income communities have been able to participate in our activities or visit our services. Increased Demand in 2023-2024: We have witnessed a 25% increase in demand for our services. - 85 people have accessed our services, with many more on the waiting list. As we grow, we hope to accommodate these individuals. Employment Opportunities: - 15 individuals have secured jobs as a direct result of our programs, with more opportunities expected for our beneficiaries. Our Impact Our social value activities continue to make a significant impact on young people facing life challenges. The club remains open to partnerships to deliver sports, physical activities, and support services for young people and adults facing mental health challenges and employment barriers.
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
23 December 2024
And signed on behalf of the board by:
Name: Franci Teka Mampuli
Status: Director