for the Period Ended 31 January 2024
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
for the Period Ended
2024 | 2023 | |
---|---|---|
|
£ |
£ |
Turnover: |
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|
Gross profit(or loss): |
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|
Administrative expenses: |
(
|
(
|
Operating profit(or loss): |
( |
( |
Profit(or loss) before tax: |
( |
( |
Profit(or loss) for the financial year: |
( |
( |
As at
Notes | 2024 | 2023 | |
---|---|---|---|
|
£ |
£ |
|
Fixed assets | |||
Tangible assets: | 3 |
|
|
Total fixed assets: |
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|
|
Current assets | |||
Debtors: | 4 |
|
|
Cash at bank and in hand: |
|
|
|
Total current assets: |
|
|
|
Creditors: amounts falling due within one year: | 5 |
(
|
(
|
Net current assets (liabilities): |
( |
( |
|
Total assets less current liabilities: |
( |
|
|
Creditors: amounts falling due after more than one year: | 6 |
(
|
(
|
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 31 January 2024
Basis of measurement and preparation
Tangible fixed assets depreciation policy
for the Period Ended 31 January 2024
2024 | 2023 | |
---|---|---|
Average number of employees during the period |
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|
for the Period Ended 31 January 2024
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
---|---|---|---|---|---|---|
Cost | £ | £ | £ | £ | £ | £ |
At 1 February 2023 |
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Additions |
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Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 31 January 2024 |
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Depreciation | ||||||
At 1 February 2023 |
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Charge for year |
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On disposals | ||||||
Other adjustments | ||||||
At 31 January 2024 |
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Net book value | ||||||
At 31 January 2024 |
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At 31 January 2023 |
|
|
|
for the Period Ended 31 January 2024
2024 | 2023 | |
---|---|---|
£ | £ | |
Trade debtors |
|
|
Prepayments and accrued income |
|
|
Total |
|
|
for the Period Ended 31 January 2024
2024 | 2023 | |
---|---|---|
£ | £ | |
Bank loans and overdrafts |
|
|
Taxation and social security |
|
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Accruals and deferred income |
|
|
Other creditors |
|
|
Total |
|
|
for the Period Ended 31 January 2024
2024 | 2023 | |
---|---|---|
£ | £ | |
Bank loans and overdrafts |
|
|
Total |
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|
The Carousel supports the community by providing an affordable, well-equipped workspace for artists, freelancers, small businesses, and remote workers, making us the most budget-friendly option in Nottingham City Centre. We also host cultural events with local music promoters and run creative workshops every Wednesday to engage the public in art and promote well-being. Our members have shared that access to The Carousel has improved their mental health and helped them pursue their passions in a supportive environment.
We engage our stakeholders through our annual AGM as well as offering feedback from the community through emails with our managerial team.
The total amount paid or receivable by directors in respect of qualifying services was £37,771. 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
30 January 2025
And signed on behalf of the board by:
Name: Martin Rayment
Status: Director