for the Period Ended 30 April 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 30 April 2024
Directors
The directors shown below have held office during the whole of the period from
1 May 2023
to
30 April 2024
The director shown below has held office during the period of
1 May 2023
to
9 January 2024
The director shown below has held office during the period of
19 February 2024
to
30 April 2024
The director shown below has held office during the period of
10 May 2023
to
30 April 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 | 13 months to 30 April 2023 | |
---|---|---|
|
£ |
£ |
Turnover: |
|
|
Cost of sales: |
(
|
|
Gross profit(or loss): |
|
|
Distribution costs: |
|
|
Administrative expenses: |
(
|
|
Other operating income: |
|
|
Operating profit(or loss): |
( |
|
Interest receivable and similar income: |
|
|
Interest payable and similar charges: |
|
|
Profit(or loss) before tax: |
( |
|
Tax: |
|
|
Profit(or loss) for the financial year: |
( |
|
As at
Notes | 2024 | 13 months to 30 April 2023 | |
---|---|---|---|
|
£ |
£ |
|
Fixed assets | |||
Intangible assets: |
|
|
|
Tangible assets: |
|
|
|
Investments: |
|
|
|
Total fixed assets: |
|
|
|
Current assets | |||
Stocks: |
|
|
|
Debtors: |
|
|
|
Cash at bank and in hand: |
|
|
|
Investments: |
|
|
|
Total current assets: |
|
|
|
Prepayments and accrued income: |
|
|
|
Creditors: amounts falling due within one year: | 3 |
(
|
|
Net current assets (liabilities): |
( |
|
|
Total assets less current liabilities: |
( |
|
|
Creditors: amounts falling due after more than one year: |
|
|
|
Provision for liabilities: |
|
|
|
Accruals and deferred income: |
|
|
|
Total net assets (liabilities): |
( |
|
|
Members' funds | |||
Profit and loss account: |
( |
|
|
Total members' funds: |
( |
|
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 30 April 2024
Basis of measurement and preparation
for the Period Ended 30 April 2024
2024 | 13 months to 30 April 2023 | |
---|---|---|
Average number of employees during the period |
|
|
for the Period Ended 30 April 2024
2024 | 13 months to 30 April 2023 | |
---|---|---|
£ | £ | |
Trade creditors |
|
|
Accruals and deferred income |
|
|
Other creditors |
|
|
Total |
|
|
The organisation runs a service for adults with learning disabilities, enabling them to socialise, make friends and form relationships in the local community aswell as try new experiences such as drama and learning to DJ. Loveable started trading in December 2023. During the financial year 2023 - 2024 the companies activities have benefitted the community in these ways: Members have been able to attend monthly socials at a pub in Taunton, making new friends and feeling part of the community. We have run workshops on healthy relationships and sexual health for the community to attend. We have set up 2 new monthly clubs, theatre group in collaboration with Somerset Youth Theatre, and DJ club where members can listen to music they love, create music, learn to mix and socialise at the same time. We have launched a new project in Bridgwater and secured more funding from HPC. We have employed 3 new volunteers for the organisation and are actively recruiting more. We are connecting our members together on social media with whatsapp and facebook groups enabling them to feel more connected, supported and digitally confident. We are forming links with local colleges giving students the opportunity to volunteer for us and gain valuable experience within health and social care.
The company’s stakeholders are members of Loveable and their families, and the day services and supported living services which our members live with. Stakeholders also include the owners of the Venues we have partnered with to host our events. We also have funders including Somerset community foundation and National Lottery awards for all who we provide end of funding reports to. The directors of the company have lived and worked in Somerset for a number of years and developed the business model for the organisation based on years of working with the community and assessing need for this service. The organisation has a board of advisers who meet regularly and have knowledge and expertise in safeguarding, social care and supported employment with extensive experience with the client group. The board meet regularly. We regularly communicate with our stakeholders in all decisions that we make through our group forums, members and parents / carers WhatsApp groups, regular polls and questionnaires asking members and families what they want from the service.
The aggregate amount of emoluments paid to or receivable by directors in respect of qualifying services was £4,770 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
27 January 2025
And signed on behalf of the board by:
Name: Anoushka Cross
Status: Director