THRIVE SCOTLAND

Company limited by guarantee

Company Registration Number:
SC544115 (Scotland)

Unaudited statutory accounts for the year ended 31 August 2024

Period of accounts

Start date: 01 September 2023

End date: 31 August 2024

THRIVE SCOTLAND

Company limited by guarantee

Contents of the Financial Statements

for the Period Ended 31 August 2024

Company Information - 3
Report of the Directors - 4
Income and Expenditure Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

THRIVE SCOTLAND

Company limited by guarantee

Company Information

for the Period Ended 31 August 2024




Director: Mwayi Chirwa
Alison Napier
Dr. Cathy Ratcliff
Elizabeth Sams
Chipiliro Kansilanga
Registered office: 19 Midmills Road
19 Midmills Road
Inverness
GB-SCT
IV2 3NZ
Company Registration Number: SC544115 (Scotland)

THRIVE SCOTLAND

Company limited by guarantee

Directors' Report Period Ended 31 August 2024

The directors present their report with the financial statements of the company for the period ended 31 August 2024

Principal Activities

Thrive is a not-for-profit organisation which since 2019 has specialised in the promotion and support of Fair Trade. Thrive is committed to all Sustainable Development Goals (SDGs)

Additional information

In 2023-24, Thrive again worked on Fair Trade, this time completing a framework with which the Scottish Fair Trade Forum can assess and advise businesses in Scotland wishing to increase the extent to which their operations are Fair Trade, and beginning to write the latest Fair Trade Nation report for Scotland. This is an important report, which by 31st August 2024 Thrive had partially written, and would complete in the coming month, for scrutiny by a panel of eminent scholars and relevant specialists.

Directors

The directors shown below have held office during the whole of the period from 01 September 2023 to 31 August 2024
Mwayi Chirwa
Alison Napier
Dr. Cathy Ratcliff
Elizabeth Sams
Chipiliro Kansilanga

This report was approved by the board of directors on 3 February 2025
And Signed On Behalf Of The Board By:

Name: Dr. Cathy Ratcliff
Status: Director

THRIVE SCOTLAND

Company limited by guarantee

Income and Expenditure Account

for the Period Ended 31 August 2024


Notes

2024
£

2023
£
Turnover 4,011 3,775
Cost of sales ( 3,738 ) ( 3,587 )
Gross surplus or (deficit) 273 188
Administrative Expenses ( 273 ) ( 188 )
Operating surplus or (deficit) 0 0
Surplus or (deficit) before tax 0 0
Tax on surplus ( 0 ) ( 0 )
Surplus or (deficit) for the period 0 0

The notes form part of these financial statements

THRIVE SCOTLAND

Company limited by guarantee

Balance sheet

As at 31 August 2024


Notes

2024
£

2023
£
Fixed assets
Total fixed assets: - -
Current assets
Cash at bank and in hand: 44 10
Total current assets: 44 10
Creditors: amounts falling due within one year: 4 ( 44 ) ( 10 )
Net current assets (liabilities): 0 0
Total assets less current liabilities: 0 0
Total net assets (liabilities): 0 0

The notes form part of these financial statements

THRIVE SCOTLAND

Company limited by guarantee

Balance sheet continued

As at 31 August 2024


Notes

2024
£

2023
£
Reserves
Revaluation reserve: 5 0 0
Income and expenditure account 0 0
Members funds 0 0

For the year ending 31 August 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 3 February 2025
And Signed On Behalf Of The Board By:

Name: Dr. Cathy Ratcliff
Status: Director

The notes form part of these financial statements

THRIVE SCOTLAND

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 August 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

    Other accounting policies

    Revenue recognition Income represents amounts received or receivable where the company has a right to receive the consideration.

THRIVE SCOTLAND

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 0 0

THRIVE SCOTLAND

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 3. Off balance sheet disclosure

    No

THRIVE SCOTLAND

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 August 2024

4.Creditors: amounts falling due within one year note


2024
£

2023
£
Other creditors 44 10
Total 44 10

THRIVE SCOTLAND

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 August 2024

5. Revaluation reserve


2024
£
Balance at 01 September 2023 0
Surplus or deficit after revaluation 0
Balance at 31 August 2024 0