for the Period Ended 31 December 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 December 2024
Directors
The directors shown below have held office during the whole of the period from
1 January 2024
to
31 December 2024
The director shown below has held office during the period of
30 December 2024
to
31 December 2024
Secretary
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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Distribution costs: |
(
|
(
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Administrative expenses: |
(
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(
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Operating profit(or loss): |
|
( |
Profit(or loss) before tax: |
|
( |
Profit(or loss) for the financial year: |
|
( |
As at
Notes | 2024 | 2023 | |
---|---|---|---|
|
£ |
£ |
|
Current assets | |||
Debtors: | 3 |
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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: | 4 |
(
|
(
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Net current assets (liabilities): |
( |
( |
|
Total assets less current liabilities: |
( |
( |
|
Creditors: amounts falling due after more than one year: | 5 |
(
|
|
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 December 2024
Basis of measurement and preparation
Turnover policy
Other accounting policies
for the Period Ended 31 December 2024
2024 | 2023 | |
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Average number of employees during the period |
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|
for the Period Ended 31 December 2024
2024 | 2023 | |
---|---|---|
£ | £ | |
Trade debtors |
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|
Prepayments and accrued income |
|
|
Total |
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|
for the Period Ended 31 December 2024
2024 | 2023 | |
---|---|---|
£ | £ | |
Bank loans and overdrafts |
|
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Trade creditors |
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Taxation and social security |
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Accruals and deferred income |
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Other creditors |
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Total |
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|
for the Period Ended 31 December 2024
2023 | ||
---|---|---|
£ | ||
Bank loans and overdrafts |
|
|
Total |
|
In 2024 we consolidated our eleven hyperlocal publications into two Borough wide publications, covering Stockport and South Manchester. We then went on to launch a further three Borough wide publications covering Trafford, the North of Cheshire East and North Manchester. All five Post publications are positive community newspapers with content provided by local community groups, schools, charities and businesses and we work with a volunteer network of over 70 residents to deliver to 13,000 homes in the Heatons, Reddish, Cheadle, Gatley, Cheadle Hulme, Bramhall, Offerton, Hazel Grove, Wythenshawe, Chorlton, Didsbury, Burnage, Stretford and Sale. The papers have been an essential asset to their communities since the pandemic and have ensured isolated, vulnerable and digitally excluded members of the community can still access positive local news in print without the need for online access or social media. The newspapers also provide a free and accessible platform for widespread communication of local community news, Council updates, Public Health notices and advice from Citizens Advice and Fraud Counsellors, helping local community groups and charities to reach residents without cost, and promote and grow their services, and ensuring trusted and informative news and updates reach those most in need. We also published a Manchester focused arts and culture supplement magazine and a new issue of the Stockport Arts & Culture magazine to support the arts and culture sector.
Our stakeholders are local community groups, charities, schools and businesses who provide news articles for the newspapers. We regularly consult with them through email correspondence and social media to check the newspapers serve them in the most effective manor. No changes to our working processes have been needed following this ongoing consultation. We also have our readership as a key stakeholder group and have a feedback form for them to communicate what features they would like us to include. Suitable adjustments are made to feature content as appropriate, which has led to inclusion of crosswords, horoscopes, advice columns and poetry activities. We undertake a Social Impact study every year and publish this online to show the positive outcomes we achieve through our community publications and community events.
Amounts paid or payable to the Directors of Drawing Board Productions CIC for services provided total £58,400 (2023: £57,600) and are included within administration costs of the Profit and Loss Account. 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
14 February 2025
And signed on behalf of the board by:
Name: Melanie Page
Status: Director