for the Period Ended 31 March 2024
Directors report | |
Profit and loss | |
Balance sheet | |
Additional 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
1 April 2023
to
31 March 2024
The director shown below has held office during the period of
1 April 2023
to
30 June 2023
The director shown below has held office during the period of
26 June 2023
to
31 March 2024
The director shown below has held office during the period of
26 June 2023
to
9 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
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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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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
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Fixed assets | |||
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Creditors: amounts falling due after more than one year: |
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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: |
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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
for the Period Ended 31 March 2024
2024 | 2023 | |
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Average number of employees during the period |
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Over the course of April 2023-March 2024, we have found that our direction has changed and we are supporting more families with SEND than originally anticipated. We have run Fun and Food (HAF) SEND only sessions and started the process to be a SEND provider for the council as part of their Framework – this will provide trading income for us which will support the wider organisation, this included funding a pilot project directly with the council. For our low-income families, our Hive group have continued to grow and we introduced a lunch club on a Saturday. These are run as a combination of CIC funded, and using funding from The National Lottery Community Fund and CDCF. We have a combined pool of about 35 children that attend these regularly Our AAP funded YouthZ project has gone well, but will soon be coming to an end and presently it is unsure whether this will continue in it’s present once the funding has been spent or if it will be adapted at all. We continue to provide HAF activities for children in the local areas and receive great feedback from this. We have taken the children on trips and started to introduce new providers to the groups. In Jan 2024 there were changes that could have affected how we operated the HAF system, but as yet we are unable to comment on these changes. Over summer 2023 it was calculated that we provided almost 400 meals for children who were eligible for the scheme. Private tutoring has reduced as Sam’s CIC responsibilities have grown, but our home education provision has grown in-house and we are registered as an AQA UAS Centre which we hope to be a source of trading income over the coming years.
We regularly consult with our stakeholders, and have held several stakeholder meetings over the course of the year. We regularly ask for feedback, both generally and in relation to specific projects that are running and have a portfolio of case studies which have been built by direct consultation with the families involved. We have also developed our mailing system over the course of the year to help us keep all families up to date with what is happening in the organisation.
The total amount paid or receivable by directors in respect of qualifying services was £13,909. 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: Samantha McCormick
Status: Director