SPACES FOR GROWING COMMUNITY INTEREST COMPANY

Company Registration Number:
14782508 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2024

Period of accounts

Start date: 5 April 2023

End date: 30 April 2024

SPACES FOR GROWING COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 30 April 2024

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

SPACES FOR GROWING COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 30 April 2024

13 months to 30 April 2024


£
Turnover: 1,683
Cost of sales: ( 813 )
Gross profit(or loss): 870
Distribution costs: ( 1,176 )
Administrative expenses: ( 141 )
Other operating income: 574
Operating profit(or loss): 127
Profit(or loss) before tax: 127
Profit(or loss) for the financial year: 127

SPACES FOR GROWING COMMUNITY INTEREST COMPANY

Balance sheet

As at 30 April 2024

Notes 13 months to 30 April 2024


£
Current assets
Stocks: 3 663
Total current assets: 663
Net current assets (liabilities): 663
Total assets less current liabilities: 663
Total net assets (liabilities): 663
Capital and reserves
Called up share capital: 127
Profit and loss account: 536
Total Shareholders' funds: 663

The notes form part of these financial statements

SPACES FOR GROWING COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 30 April 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 28 January 2025
and signed on behalf of the board by:

Name: Dennis Morton
Status: Director

The notes form part of these financial statements

SPACES FOR GROWING COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 April 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

SPACES FOR GROWING COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees

    13 months to 30 April 2024
    Average number of employees during the period 1

SPACES FOR GROWING COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Stocks

13 months to 30 April 2024
£
Stocks 663
Total 663

COMMUNITY INTEREST ANNUAL REPORT

SPACES FOR GROWING COMMUNITY INTEREST COMPANY

Company Number: 14782508 (England and Wales)

Year Ending: 30 April 2024

Company activities and impact

Community Impact Summary for the Financial Year Overview: Our Community Interest Company has focused on transforming underused spaces to foster vibrant, connected communities. Key initiatives included community gardens, public art spaces, and sustainability workshops. Community Benefits: Physical Space Enhancements: We revitalized neglected areas into community gardens and art hubs, improving aesthetics and utility. Social Connections: Our projects strengthened community bonds by bringing together diverse groups and offering volunteer opportunities that enhance skills and leadership. Environmental Awareness: We promoted sustainable practices through our educational programs, contributing to a greener community. Economic Support: We supported the local economy by utilizing local resources and engaging local businesses. Inspirational Impact: Our successful repurposing projects have inspired other communities and garnered increased local support, setting the stage for future initiatives. Community Involvement: We engaged deeply with the community through town hall meetings to ensure our projects reflect collective interests and needs. Increased participation and support have propelled our projects forward. Conclusion: This year, our efforts have significantly enhanced community well-being and sustainability, turning underused spaces into thriving community assets. We invite more community members to join us in continuing this transformative work.

Consultation with stakeholders

Stakeholder Consultation Summary Stakeholders Identified: Our primary stakeholders include community members, local businesses, community groups, and local councillors, all of whom have a direct interest in our projects. Consultation Methods: Regular Meetings: We engage stakeholders through regular meetings to discuss and approve upcoming projects, ensuring their needs and ideas are incorporated. Community Feedback Sessions: We hold open forums for stakeholders to provide feedback and suggest improvements. Actions Taken: Project Adjustments: We've modified projects based on community input to better meet local needs. Improved Communication: Increased updates and newsletters keep stakeholders well-informed. Enhanced Collaboration: Feedback has led to more partnerships with local businesses, boosting community economic benefits. Conclusion: Our stakeholder consultations are vital for ensuring our projects align with community expectations and contribute positively to the area. We continue to adapt based on this engagement.

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
28 January 2025

And signed on behalf of the board by:
Name: Dennis Morton
Status: Director