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
Principal activities of the company
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 | 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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( |
Profit(or loss) before tax: |
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( |
Profit(or loss) for the financial year: |
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( |
As at
Notes | 2024 | 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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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: | 3 |
(
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(
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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 December 2024
Basis of measurement and preparation
for the Period Ended 31 December 2024
2024 | 2023 | |
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Average number of employees during the period |
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for the Period Ended 31 December 2024
2024 | 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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Other creditors |
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Total |
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We provide easy, effective meditation techniques designed to enhance well-being and alleviate stress. Discover the magic of life with no beliefs necessary just an open mind and a desire to view life as an adventure, embracing new experiences. Our meditation, called Ascension, symbolizes the power to rise above mental chatter and the negative habits and limiting beliefs we often carry about ourselves and those around us. We provide teaching and support services for individuals of all ages, cultures, and ethnic backgrounds. Similarly, our teaching staff is diverse, bringing a range of life experiences and varying ages. This year, we have maintained our in-person teaching but observed a decline in interest among learners. Additionally, we continue to offer online support for those who have already mastered this meditation method, while also providing general wellness sessions aimed at reducing stress for anyone in the community who wishes to participat
The Company's activities support the community who teach and have learned Bright Path Ishaya meditation (Ascension) and those who desire to learn. These stakeholders are regularly updated via online meetings, regular newsletters, webinars and teaching weekend/retreats and a 24/7 helpline for people struggling with daily life. We are continuously exploring ways to best communicate the activities of the Company with our stakeholders to achieve maximum impact in these challenging times. These include many channels of social media and video conferencing. To this end, we have continued holding three online meetings daily, accumulating some 1,500 hours of teacher-led meditation, well-being and reducing stress sessions.
The total amount paid or receivable by directors in respect of qualifying services was £3,600. 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
9 January 2025
And signed on behalf of the board by:
Name: J M Sharp
Status: Director