for the Period Ended 29 April 2024
Directors report | |
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 29 April 2024
Directors
The directors shown below have held office during the whole of the period from
1 May 2023
to
29 April 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
As at
Notes | 2024 | 2023 | |
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£ |
£ |
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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
The directors have chosen not to file a copy of the company's profit and loss account.
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 29 April 2024
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Other accounting policies
for the Period Ended 29 April 2024
2024 | 2023 | |
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Average number of employees during the period |
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for the Period Ended 29 April 2024
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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Cost | £ | £ | £ | £ | £ | £ |
At 1 May 2023 |
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Additions |
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Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 29 April 2024 |
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Depreciation | ||||||
At 1 May 2023 |
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Charge for year |
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On disposals | ||||||
Other adjustments | ||||||
At 29 April 2024 |
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Net book value | ||||||
At 29 April 2024 |
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At 30 April 2023 |
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for the Period Ended 29 April 2024
2024 | 2023 | |
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£ | £ | |
Stocks |
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Total |
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for the Period Ended 29 April 2024
2024 | 2023 | |
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£ | £ | |
Trade debtors |
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Other debtors |
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Total |
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for the Period Ended 29 April 2024
2024 | 2023 | |
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£ | £ | |
Bank loans and overdrafts |
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Trade creditors |
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Taxation and social security |
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Other creditors |
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Total |
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In the space provided below, please insert a general account of the company’s activities in the financial year to which the report relates, including a fair and accurate description of how they have benefited the community, or section of the community, which the company is intended to serve. The legacy from lockdown is still persisting with increases in reported mental health issues in all age groups in the last 12 months. Anxiety and The Brexit legacy is becoming more apparent and not in a positive way. Continued Ukraine and middle east conflicts and the political situation in the USA are also causing global concern and suppressing growth by seeding uncertainty for the future. This is fuelling even higher energy and food costs against a backdrop of UK fiscal issues reducing capping and subsidies. Disposable income has become much reduced or gone negative with many using savings to survive. Our BBO (Building Better Opportunities) ESF/Big Lottery funded project to help young people into work which ended in March 2023 has not been replaced with anything substantial. Funding is now being broken down into very small awards which do not create long term meaningful change in the situations they are meant to be addressing. As predicted we have increased our paid sessions and online sales to help fund our support work. We continue to seek alternative larger funding from external sources but have so far been unsuccessful. We have succeeded in creating innovative sessions which attract people who, once involved, are comfortable with revealing their problems or barriers which we are able to help address or signpost them on. Our aim is still to raise people's aspirations...by delivering skills training, educational and personal development activities and events in Devon & Cornwall. This is embedded in all our activities, events and parties and impacts on everyone from babies to adults. We support and make learning fun. Proceeds from our activities are reinvested to help along with funding towards the sustainability of our activities and to try to ensure they are available to all.
Our stakeholders are primarily those with whom we interact both on delivery and referral. We constantly review our processes and refine activity to continue to reach out to those who need assistance
Directors remuneration is fully accounted for within the accounts. Director’s remuneration of £23,350 is included in the administration costs.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
31 January 2025
And signed on behalf of the board by:
Name: Alan Jones
Status: Director