for the Period Ended 28 February 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 28 February 2024
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
1 March 2023
to
28 February 2024
Secretary
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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Cost of sales: |
(
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(
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Gross profit(or loss): |
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Distribution costs: |
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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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( |
Profit(or loss) for the financial year: |
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( |
As at
Notes | 2024 | 2023 | |
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£ |
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Fixed assets | |||
Intangible assets: | 3 |
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Tangible assets: |
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Investments: |
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Total fixed assets: |
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Current assets | |||
Stocks: |
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Debtors: |
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Cash at bank and in hand: |
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Investments: |
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Total current assets: |
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Prepayments and accrued income: |
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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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Provision for liabilities: |
(
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Accruals and deferred income: |
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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 28 February 2024
Basis of measurement and preparation
for the Period Ended 28 February 2024
2024 | 2023 | |
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Average number of employees during the period |
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for the Period Ended 28 February 2024
Goodwill | Other | Total | |
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Cost | £ | £ | £ |
At 1 March 2023 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 28 February 2024 |
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Amortisation | |||
At 1 March 2023 |
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Charge for year |
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On disposals |
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Other adjustments |
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At 28 February 2024 |
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Net book value | |||
At 28 February 2024 |
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At 28 February 2023 |
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PART 1 - GENERAL DESCRIPTION OF THE COMPANY'S ACTIVITIES AND IMPACT In the space provided below, please insert a general account of the company's activities in the financial year to which the report relates, including a description of how they have benefited the community.Fearless People are a community interest company focusing on Creating space time and opportunity for the community to come together and learn share and grow in a holistic way. In this financial year we have worked with the local authority to create a "Farmers & Craft Market" to support the local community restoring pride in the town and creating a space and time where people can gather and connect with each other.We have also created a free youth provision in the local park for children aged 8-12 Years based on bushcraft and connecting with nature.PART 2 - CONSULTATION WITH STAKEHOLDERS - Please indicate who the company's stakeholders are; how the stakeholders have been consulted and what action, if any, has the company taken jn response to feedback from its consultations? If there has been no consultation this should be made clear.The company's stakeholders are residents of and visitors to townThe directors have worked and volunteered in Town for over 25 years. developing the business model for the Farmers and Craft Market and youth provision based on their experience of talking to residents Young people and visitors to the town.We have collected questionnaires about what would make our town a great place to live and peoples shopping habits alongside this we also have a network of shop owners who regularly feed into our project with information ideas and anecdotal stories.This has helped us to build up a profile of local community and their needs and what we can do to meet them more effectively.Our research has enabled us to identify that there are is an aging population who shop daily and are limited to the local supermarket for fresh produce and a growing number of young families who are traveling out of the area to engage in clubs and activities.The farmers market supports 30 local traders, provided the community with a social opportunity and raises pride and interest in the townThe youth provision is directly benefiting 30 young people and their families with activities taking place at least once a week. PART 3 - DIRECTORS' REMUNERATION - if you have provided full details in your accounts you need not reproduce it here. Please clearly identify the information within the accounts and confirm that, "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" (See example with full notes). If no.remuneration was received you must state that "no remuneration was received" below. no remuneration was received
The company's stakeholders are residents of and visitors to townThe directors have worked and volunteered in Town for over 25 years. developing the business model for the Farmers and Craft Market and youth provision based on their experience of talking to residents Young people and visitors to the town.We have collected questionnaires about what would make our town a great place to live and peoples shopping habits alongside this we also have a network of shop owners who regularly feed into our project with information ideas and anecdotal stories.This has helped us to build up a profile of local community and their needs and what we can do to meet them more effectively.Our research has enabled us to identify that there are is an aging population who shop daily and are limited to the local supermarket for fresh produce and a growing number of young families who are traveling out of the area to engage in clubs and activities.The farmers market supports 30 local traders, provided the community with a social opportunity and raises pride and interest in the townThe youth provision is directly benefiting 30 young people and their families with activities taking place at least once a week.
No remuneration was received
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: Kimberley Thirkill
Status: Director