for the Period Ended 31 May 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 May 2024
Principal activities of the company
Additional information
Purbanat believes that fostering collaboration among diverse communities is key to achieving our vision of improving the well-being of society as a whole. Our mission is to deliver community-driven arts programs that benefit others while creating opportunities for diaspora artists to practice and develop their talents in a safe, supportive environment. By encouraging participation and creativity, Purbanat aims to build stronger, more inclusive communities where everyone can thrive. The company has ring-fenced £65,000 from its accumulated reserves until 31 May 2024 to be used for any suitable investment opportunity that might bring the organisation regular income streams. There was a community contribution of £8,710 which are unrestricted funds. Total accumulated unrestricted fund is £13,430.
Directors
The directors shown below have held office during the whole of the period from
1 June 2023
to
31 May 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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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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Creditors: amounts falling due within one year: | 3 |
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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 May 2024
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
for the Period Ended 31 May 2024
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for the Period Ended 31 May 2024
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Purbanat Community Interest Company, founded in May 2014, addresses the artistic, cultural, and social needs of people from all walks of life, regardless of ethnicity, religion, cultural background, age, or sexual orientation. During the financial year 2023-24, the organisation’s activities have benefited the community in the several ways: - Purbanat organised regular arts and sports sessions for the young people. - Purbanat also arranged a series of gardening sessions where gardening enthusiastic community members participated to share ideas, tips, and expertise. We also distributed gardening tools to those who were unable to buy on their own. At the end of the growing season, the participants organised a celebration event to share food and showcase their produce. - Purbanat organised its annual event: Birmingham Multicultural Fest in Feb 2024 where artists from 12 ethnic communities participated to show their cultural heritage. - Purbanat arranged an arts residential in Summer-2023 with young people and adults where 48 people participated that 3-day long event. - Purbanat celebrated the Mayor's weekend with the diverse local artists. - Commissioned by Birmingham City Council, Purbanat distributed 50 digital devices among the community people who really need them. Purbanat's work was recognised with a certificate for 'Greatest Number of Citizens to Benefit from Devices' by BCC and Birmingham City University.
The internal stakeholders of Purbanat are the Directors, Advisers, and Members. External stakeholders are volunteers and community members. Our advisers meet 3 times a year. The directors hold the legal responsibility of the company. We hold fortnightly meetings with our core members and volunteers. In those meetings, we review our ongoing works and plan for the future tasks. Also, before taking any new project, we arrange consultation meetings with the community members to understand their needs. We also run small surveys to collect feedback from the project beneficiaries. Our community meetings are open to anyone who wishes to attend, where all ideas and feedback are welcomed, discussed and if required, actioned.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
3 January 2025
And signed on behalf of the board by:
Name: Mohammad Rajib Haq Raju
Status: Director