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 | |
---|---|---|
|
£ |
£ |
Turnover: |
|
|
Cost of sales: |
(
|
(
|
Gross profit(or loss): |
|
|
Administrative expenses: |
(
|
(
|
Operating profit(or loss): |
( |
|
Interest payable and similar charges: |
(
|
(
|
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: |
|
|
|
Current assets | |||
Stocks: | 4 |
|
|
Debtors: | 5 |
|
|
Cash at bank and in hand: |
|
|
|
Total current assets: |
|
|
|
Creditors: amounts falling due within one year: | 6 |
(
|
(
|
Net current assets (liabilities): |
( |
|
|
Total assets less current liabilities: |
( |
|
|
Creditors: amounts falling due after more than one year: | 7 |
(
|
(
|
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 May 2024
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Other accounting policies
for the Period Ended 31 May 2024
2024 | 2023 | |
---|---|---|
Average number of employees during the period |
|
|
for the Period Ended 31 May 2024
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
---|---|---|---|---|---|---|
Cost | £ | £ | £ | £ | £ | £ |
At 1 June 2023 |
|
|
|
|||
Additions |
|
|
||||
Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 31 May 2024 |
|
|
|
|||
Depreciation | ||||||
At 1 June 2023 |
|
|
|
|||
Charge for year |
|
|
|
|||
On disposals | ||||||
Other adjustments | ||||||
At 31 May 2024 |
|
|
|
|||
Net book value | ||||||
At 31 May 2024 |
|
|
|
|||
At 31 May 2023 |
|
|
|
for the Period Ended 31 May 2024
2024 | 2023 | |
---|---|---|
£ | £ | |
Stocks |
|
|
Total |
|
|
for the Period Ended 31 May 2024
2024 | 2023 | |
---|---|---|
£ | £ | |
Trade debtors |
|
|
Other debtors |
|
|
Total |
|
|
for the Period Ended 31 May 2024
2024 | 2023 | |
---|---|---|
£ | £ | |
Bank loans and overdrafts |
|
|
Trade creditors |
|
|
Taxation and social security |
|
|
Other creditors |
|
|
Total |
|
|
for the Period Ended 31 May 2024
2024 | 2023 | |
---|---|---|
£ | £ | |
Bank loans and overdrafts |
|
|
Total |
|
|
Urban Hax CIC operates and facilitates open access community workshops for local residents of the Black Country and wider regions to access tools, equipment, training from industry experts and technology that is not readily available in the public domain. Our mission is to support skills development and entrepreneurship within the creative industries amongst various stakeholders. During the 2023-2024 financial year, the company activities benefitted the community in the following ways: Enhancing digital and creative access through public making facilities, collaborative projects and community workshops. Supporting 30 local businesses and entrepreneurs through providing workspace and business mentorship allowing participants to experiment with digital fabrication and build portfolios. Improving sustainability and empowering a circular economy through championing our tool library and tool hire service as well as promoting open-source and repair culture.
The companies has actively engaged with a diverse range of stakeholders to shape its initiatives and ensure it's services align with community needs. Our consultations have included local artists and creatives, who provided input to our 3D printer loan scheme; small businesses and entrepreneurs, who have helped refine our co-working space and business support offer and public/third sector organisations, including local councils and education providers who have informed our research into the needs of communities at the hyper local level and how access to making facilities could benefit their communities.
The total amount paid or receivable by directors in respect of qualifying services was £13,667 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
18 February 2025
And signed on behalf of the board by:
Name: Deta Ward
Status: Director