for the Period Ended 31 May 2024
Profit and loss | |
Balance sheet | |
Additional notes | |
Community Interest Report |
for the Period Ended
2024 | ||
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Turnover: |
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Gross profit(or loss): |
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Distribution costs: |
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Profit(or loss) before tax: |
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Profit(or loss) for the financial year: |
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As at
Notes | 2024 | ||
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Current assets | |||
Cash at bank and in hand: |
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Total assets less current liabilities: |
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Total net assets (liabilities): |
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Members' funds | |||
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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
for the Period Ended 31 May 2024
2024 | ||
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Average number of employees during the period |
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The company has been operating a harm reduction centre for community members since May 2023. Through fundraising we have since purchased glass blowing equipment and regularly rent an inside space for gatherings, workshops and social events. We have also been partnering with a local farm to provide wellbeing activities, such as camping, community gardening and animal interactions. The centre has benefited the community between 2024 and 2025 in the following ways: 1) We provide members the opportunity for regular socialisation and interaction with other community members, which has led to improved mental health and a positive outlook on life. 2) Learning new skills such as glass blowing and wood work, space for creativity and personal development which can then be taken outside of the centre for personal growth and job opportunities. 3) Links with local & worldwide businesses and artists, which has then allowed our members to social network and develop relationships which furthers their life prospects. This also brings high profile individuals and businesses to our community, increasing local business sales and tourism.
No consultation with stakeholders
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
6 February 2025
And signed on behalf of the board by:
Name: Alexandra Louise Fallon
Status: Director