for the Period Ended 31 December 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 December 2024
Directors
The directors shown below have held office during the whole of the period from
1 January 2024
to
31 December 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 December 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): |
( |
( |
Profit(or loss) before tax: |
( |
( |
Profit(or loss) for the financial year: |
( |
( |
As at
Notes | 2024 | 13 months to 31 December 2023 | |
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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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(
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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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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 December 2024
Basis of measurement and preparation
for the Period Ended 31 December 2024
2024 | 13 months to 31 December 2023 | |
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Average number of employees during the period |
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for the Period Ended 31 December 2024
2024 | 13 months to 31 December 2023 | |
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£ | £ | |
Trade creditors |
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Other creditors |
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Total |
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Bold St3p is dedicated to fostering community well-being through a variety of impactful activities. Between January 1, 2024, to December 31, 2024, the company has made significant contributions to the community in the following ways: Skill Development and Education Bold St3p, the company helped participants enhance their digital and language skills. This initiative supported individuals seeking employment to improve their digital skills skill. Employment Support Through the Job Club, Bold St3p provided guidance on CV writing, job applications, and interview skills. This service assisted over 50 individuals in finding employment or advancing their careers. Local Economic Development Bold St3p prioritized collaboration with small-scale local suppliers, enabling 10 local producers to market their products through its platforms. This not only boosted the local economy but also reduced "product miles" associated with imported goods. Community Cohesion Bold St3p hosted community events, including workshops and cultural fairs, which brought together residents from diverse backgrounds. These events fostered social connections and celebrated the community’s cultural diversity. Volunteering and Part-Time Employment Opportunities The company engaged local residents as volunteers, providing them with meaningful work and experience that could lead to further opportunities. By addressing educational needs, improving employment prospects, supporting local businesses, and fostering a sense of community, Bold St3p has positively impacted the lives of numerous residents in 2024.
Bold St3p values active engagement with stakeholders to ensure its activities meet the community's needs. The company’s stakeholders include local residents, job seekers, small-scale producers, and families benefiting from its programs and services. During the financial year 2024, Bold St3p conducted consultations with stakeholders in the following ways: Community Surveys Bold St3p distributed surveys to over 500 local residents and program participants, collecting feedback on the types of services, classes, and activities they found most beneficial. The surveys included questions about skill development needs, preferred activities for children, and barriers to employment. Job Club Feedback Participants in the Job Club were invited to share their experiences through post-session evaluations. This feedback highlighted areas where additional resources or workshops were needed, such as digital literacy and confidence-building sessions. Community Suggestions Box Bold St3p maintained a “suggestions box” online, allowing stakeholders to propose ideas or highlight needs at their convenience. Resident Consultations Directors and staff conducted informal consultations with residents at community events, where they gathered anecdotal insights into the community’s evolving needs and preferences. These consultation efforts ensured that Bold St3p’s initiatives were closely aligned with stakeholder expectations and contributed to the company’s success in serving the community effectively in 2024.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
6 January 2025
And signed on behalf of the board by:
Name: SHADRACKS, Nkoyo Nyong
Status: Director