for the Period Ended 31 May 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 31 May 2024
Directors
The directors shown below have held office during the whole of the period from
1 June 2023
to
31 May 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 | 2023 | |
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Turnover: |
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Cost of sales: |
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Gross profit(or loss): |
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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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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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Fixed assets | |||
Tangible assets: | 3 |
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Total fixed assets: |
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Current assets | |||
Stocks: | 4 |
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Debtors: | 5 |
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Cash at bank and in hand: |
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Total current assets: |
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Creditors: amounts falling due within one year: | 6 |
(
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(
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Net current assets (liabilities): |
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Total assets less current liabilities: |
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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 31 May 2024
Basis of measurement and preparation
Tangible fixed assets depreciation policy
for the Period Ended 31 May 2024
2024 | 2023 | |
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Average number of employees during the period |
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for the Period Ended 31 May 2024
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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Cost | £ | £ | £ | £ | £ | £ |
At 1 June 2023 |
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Additions |
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Disposals | ||||||
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Transfers | ||||||
At 31 May 2024 |
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Depreciation | ||||||
At 1 June 2023 |
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Charge for year |
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On disposals | ||||||
Other adjustments | ||||||
At 31 May 2024 |
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Net book value | ||||||
At 31 May 2024 |
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At 31 May 2023 |
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for the Period Ended 31 May 2024
2024 | 2023 | |
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£ | £ | |
Stocks |
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Total |
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for the Period Ended 31 May 2024
2024 | 2023 | |
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£ | £ | |
Trade debtors |
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Prepayments and accrued income |
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Total |
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for the Period Ended 31 May 2024
2024 | 2023 | |
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£ | £ | |
Amounts due under finance leases and hire purchase contracts |
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Taxation and social security |
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Accruals and deferred income |
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Total |
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The company offers work experience, training and development opportunities for young women in Cambridge who are between 14-24 years old who are NEET (Not in Education, Employment or Training) or at risk of becoming NEET. The work experience comprises of working at events across Cambridgeshire from charity fundraisers to private functions. The company also host its own community and fundraising events providing further work experience for the young women we support. We offer peer support and training outside of the work experience. We also have an Alternative Education Programme. - Engaged 19 young women in our service from Charitable and Statutory organisations, the NHS and Parent and Self referrals. - Hosted 28 events that have provided work experience opportunities from a Corporate 3-day festival to intergenerational afternoon teas. - Run 54 Alternative Education sessions where young women have gained qualifications in Food Safety Level 2, Allergen Awareness, Coffee Skills and Personal Resilience. - Hosted 14 Peer Support, Training and Young Women’s Development sessions. - Engaged various partners to support our work such as Cambridge University Colleges, a local restaurant chain and a housing provider who support older people. All the young women we have worked with have reported an increase in either job readiness, confidence, communication skills, team-work or their network of support. Consistent feedback from our customers about the impact of our service reiterates the need for it. For example, “I couldn’t have done it without you”. Feedback from referring agencies and parents about the need for and impact of our service such as, “this is what we have needed for the past few years”, “It is absolutely brilliant, I am telling everyone about it”, “The outcomes are amazing, I can’t believe it” have also told us how we have benefited the young women we work with.
The company’s external and internal stakeholders are the young women accessing our services, the referring agencies of the young women we work with, staff, volunteers and directors, the customers in the community who use our services at their events, older people’s services who we partner with to run intergenerational events and funders who have an interest in our work. We have a review process with the young women we work with where we assess their involvement with our services, gathering information from them on what they have gained from working with us and how they think we might be able to improve our services. We identified that development of additional training, peer support, development and further 1:1 support is what young women we work with would like us to be able to offer. We gather feedback from referring agencies, customers, and older people’s services we work with. Funder’s review and monitor our work through various methods. For example, visiting our work and interviewing some of the young women we work with. Through identifying that our stakeholders would like to see us become an Alternative Education Provider we are engaging with professionals within the school system to understand who the young women are they are working with who are at risk of becoming NEET. We have re-launched this aspect of our offer this year running three cohorts of the programme. We have added the role of a “Young Women’s Development Worker” to manage the caseload of referrals, increasing waiting list and Peer Support, Training and Development programme. Their role is to engage young women we support in the work experience opportunities we offer and further connect them with society to prevent them being long-term inactive NEET.
Please see our enclosed accounts and we confirm 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
10 January 2025
And signed on behalf of the board by:
Name: Kate Nation
Status: Director