for the Period Ended 5 April 2024
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
for the Period Ended
2024 | 17 months to 5 April 2023 | |
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£ |
£ |
Turnover: |
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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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Profit(or loss) for the financial year: |
( |
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As at
Notes | 2024 | 17 months to 5 April 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 | |||
Cash at bank and in hand: |
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Total current assets: |
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Creditors: amounts falling due within one year: | 4 |
(
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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: | 5 |
(
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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 5 April 2024
Basis of measurement and preparation
Tangible fixed assets depreciation policy
for the Period Ended 5 April 2024
2024 | 17 months to 5 April 2023 | |
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Average number of employees during the period |
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for the Period Ended 5 April 2024
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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Cost | £ | £ | £ | £ | £ | £ |
At 6 April 2023 |
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Additions |
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Disposals |
(
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(
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Revaluations | ||||||
Transfers | ||||||
At 5 April 2024 |
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Depreciation | ||||||
At 6 April 2023 |
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Charge for year |
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On disposals | ||||||
Other adjustments | ||||||
At 5 April 2024 |
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Net book value | ||||||
At 5 April 2024 |
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At 5 April 2023 |
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for the Period Ended 5 April 2024
2024 | 17 months to 5 April 2023 | |
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£ | £ | |
Trade creditors |
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Other creditors |
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Total |
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for the Period Ended 5 April 2024
2024 | ||
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£ | ||
Other creditors |
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Total |
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Lighthouse Navigation NE Community Interest Company (LNNE) was founded in 2021. The directors saw a need to provide support for people (students) who fall through the gaps due to mental health issues, disabilities, complex needs, trauma and anxiety, and for those students who have been unable to progress within normal educational environments. During 2023-2024, LNNE has offered a safe place where the students have been able to engage in a holistic approach to education and mental health awareness. The students have been encouraged to develop an understanding of their giftings, and to look at their belief systems which, in many cases, have affected them in a negative way. The students have begun to work as a team and explore their abilities through the courses on offer. One-to-one counselling has also been available to the students. Many of the students have become volunteers in the wider community, some are now in employment, and others have built up life skills, which are transferable. Several students, who have previously described themselves as lonely, have made friends and now work within LNNE community based at Westfield Farm, Dormanstown, Redcar. LNNE has also partnered with Beyond Housing to provide support to these students as they explore opportunities to reach their full potential. The Department of Work and Pensions (DWP) refer their clients to us, as do Redcar Borough Council. Funding by Awards for All has allowed us to deliver the following activities and courses: Natural Remedies Mental Health Awareness Functional Skills Menopause Awareness Dyslexia Awareness Counselling Food hygiene Seed to table Cooking healthy on a budget Holistic treatments All these activities have built confidence, self-worth and self-esteem in the students. The activities have encouraged the students to meet their goals, forge stronger friendships and develop connections with their local communities.
The Company’s stakeholders are the students, the businesses that employ us to deliver courses, Beyond Housing, the grant funders and those who use LNNE for improvement of their mental health and their well-being and employability. The stakeholders are consulted on a regular basis. For example, students are asked at the end of each teaching session, through a series of questions and conversations, about what they have learnt, how they feel within each session, and how LNNE could change anything to improve their offering. The students are also asked to articulate what they have learned during their times of reflection, to ensure that they have a voice. This feedback is recorded in the students’ learning plans and detail their aims, objectives, progression and next steps. Business stakeholders are asked for feedback through a sequence of formal meetings. Grant funders are invited to visit at any time. They are invited to attend any of the regular open days at Westfield Farm. LNNE also provide detailed reports setting out exactly how the funding has been spent, the progress the students have made, and the continuous improvements made through the feedback received from both students and the grant funders.
The total amount paid or receivable by directors in respect of qualifying services was £28,789.24. There were no other 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
19 December 2024
And signed on behalf of the board by:
Name: Deborah Robson
Status: Director