FLOURISH JEWELLERY COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
SC722442 (Scotland)

Unaudited statutory accounts for the year ended 28 February 2024

Period of accounts

Start date: 1 March 2023

End date: 28 February 2024

FLOURISH JEWELLERY COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 28 February 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

FLOURISH JEWELLERY COMMUNITY INTEREST COMPANY

Directors' report period ended 28 February 2024

The directors present their report with the financial statements of the company for the period ended 28 February 2024

Principal activities of the company

The principle activites of the Flourish Jewellery CIC is to design programs which remove social or economic barriers to design and making.



Directors

The directors shown below have held office during the whole of the period from
1 March 2023 to 28 February 2024

Lisa Arnott
Jessica Howarth


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
13 January 2025

And signed on behalf of the board by:
Name: Lisa Arnott
Status: Director

FLOURISH JEWELLERY COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 28 February 2024

2024 13 months to 28 February 2023


£

£
Turnover: 8,629 5,733
Cost of sales: ( 2,776 ) ( 2,803 )
Gross profit(or loss): 5,853 2,930
Administrative expenses: ( 22,450 ) ( 25,023 )
Other operating income: 6,250 37,397
Operating profit(or loss): (10,347) 15,304
Profit(or loss) before tax: (10,347) 15,304
Tax: ( 2,911 )
Profit(or loss) for the financial year: (13,258) 15,304

FLOURISH JEWELLERY COMMUNITY INTEREST COMPANY

Balance sheet

As at 28 February 2024

Notes 2024 13 months to 28 February 2023


£

£
Current assets
Debtors: 3 20
Cash at bank and in hand: 11,757 15,284
Total current assets: 11,757 15,304
Creditors: amounts falling due within one year: 4 ( 9,710 )
Net current assets (liabilities): 2,047 15,304
Total assets less current liabilities: 2,047 15,304
Total net assets (liabilities): 2,047 15,304
Members' funds
Profit and loss account: 2,047 15,304
Total members' funds: 2,047 15,304

The notes form part of these financial statements

FLOURISH JEWELLERY COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 28 February 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 23 January 2025
and signed on behalf of the board by:

Name: Lisa Arnott
Status: Director

The notes form part of these financial statements

FLOURISH JEWELLERY COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 28 February 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

FLOURISH JEWELLERY COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 28 February 2024

  • 2. Employees

    2024 13 months to 28 February 2023
    Average number of employees during the period 0 0

FLOURISH JEWELLERY COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 28 February 2024

3. Debtors

2024 13 months to 28 February 2023
£ £
Other debtors 20
Total   20

FLOURISH JEWELLERY COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 28 February 2024

4. Creditors: amounts falling due within one year note

2024
£
Accruals and deferred income 9,710
Total 9,710

COMMUNITY INTEREST ANNUAL REPORT

FLOURISH JEWELLERY COMMUNITY INTEREST COMPANY

Company Number: SC722442 (Scotland)

Year Ending: 28 February 2024

Company activities and impact

In 2023- 2024 the Flourish Jewellery Project CIC hosted a range of community projects and training. The Glow program supported groups of women and young people to access design and making. A total of 12 people took part in this program. The Atlas program enable young people and adults from the global majority groups to learn how to design and make. A total of 18 people took part in this program In 2024 3 Glow particpants recived a scholarships to enable them to attend further training to develop their skills and abilities. A community selling exhibtion was held which enabled over 200 people to attend and buy orginal works. The project has also under took an extensive taster workshop program and workshops which enables memebers of the public to develop their skills and support the work of the project.

Consultation with stakeholders

The directors of the company are widely connected with a range of community projects and organisation. Through these networks the Directors have been able to consult, collaborate and enage with a range of youth organisations, charities and organisations. Through these consultations it has enabled the Directors to develop range of programs which reduce the barriers that are experinced and increase the access to craft and making. The project particpants have also contribute through the development of the project through the program evlauations. This consultation has enabled us to to design a variety of workshops which enable the public to enage in.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
13 January 2025

And signed on behalf of the board by:
Name: Lisa Arnott
Status: Director