for the Period Ended 30 April 2024
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
As at
Notes | 2024 | ||
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£ |
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Current assets | |||
Debtors: | 3 |
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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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Net current assets (liabilities): |
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Total assets less current 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
The directors have chosen not to file a copy of the company's profit and loss account.
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 30 April 2024
Basis of measurement and preparation
Turnover policy
for the Period Ended 30 April 2024
2024 | ||
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Average number of employees during the period |
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for the Period Ended 30 April 2024
2024 | ||
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£ | ||
Other debtors |
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Total |
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for the Period Ended 30 April 2024
2024 | ||
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£ | ||
Accruals and deferred income |
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Other creditors |
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Total |
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Makers Mews is located in an old building in the centre of Ivybridge, renovated with recycled + repurposed materials, creating a space for local makers, designers + socially focused businesses to access workspace, hold classes, network + receive mentoring. We encourage connection, aim to prevent loneliness + reduce the negative impacts on mental health for the people running these organisations. The space enables Ivybridge’s community to learn new skills + embrace creativity, understanding the need for reuse + reduction in consumerism through community events, classes + reuse initiatives. Providing opportunities for connection, sharing skills + resources for all the community; supporting them to work together to tackle climate change + improve our local area. This year we have: Provided coworking space, hotdesking sessions, and facilitated group sessions tackling specific business hurdles. Hosted monthly Repair Cafes; a weekly tool sharing library collaborating with the Share Shed; a special toy fixing event after Christmas; and bike fixing and maintenance teaching during spring and summer funded by Big Bike Revival, all with the aim to assist the community in fixing their belongings and avoid buying new. Supported new and experienced artists to add revenue streams and enhance their engagement via sharing their skills in our community classroom. Highlighted to our audience, and built relationships with, the many other community endeavours, creative classes, and sustainable activities in our locality, via social media, newsletters, blog posts and our website. Hosted Clothes Swaps, which are a useful, accessible and a fun ‘small step’ in reducing consumption, whilst building connections in the community. In 23-24, we reached 244 individuals: 41 through our classes, 6 paying customers in our coworking space, 177 through our community events e.g. Repair cafe, share shed and clothes swaps and 20 volunteers/staff members.
Makers Mews CIC consulted with all stakeholders on a regular basis both formally and informally. Formal consultations utilised surveys which were tailored for each stakeholder and designed to identify needs in the community as well as reflecting on whether we were meeting our own values & mission. Staff - bi-weekly team meetings, quarterly strategy days, 1:1’s with a Director, annual appraisal Directors - all of the above plus monthly director’s meetings Local makers & artists (new & existing) - open days, networking events, social media interaction, online surveys, markets and festivals Class teachers and attendees - feedback surveys (online, printed and in person) Project partners - feedback surveys (online, printed and in person) Volunteers - Repair Cafe volunteers meet monthly with ongoing group messaging, venue volunteers via 1:1 in person and online Coworkers - monthly check in for long term members, monthly Accountability Alliance sessions, daily chats and exit interviews Ivybridge residents and community groups - community survey both online and in-person at community events, attending events and networking Social Enterprises and Entrepreneurs - Industry events, hosting networking discussions Funders - communication specific to each funding provider Trainers - communication specific to each training provider The Makers Mews team is part of its stakeholder community, with staff and directors being entrepreneurs, Social Enterprise mentors, designers/makers, teachers, freelancers and Ivybridge residents. Over 100 people attended our first Open Day, with attendees describing it as “really friendly and inspiring”. Seeking their input, we used suggestions to run successful classes on book binding, illustration, life drawing, wire writing, fermenting & more. Respondents to post event surveys unanimously agreed that we helped them connect with others and appreciated using everyday materials to make something of value.
The total amount paid or receivable by directors in respect of qualifying services was £800.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
12 January 2025
And signed on behalf of the board by:
Name: Chloe Harriet Tingle
Status: Director