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 | 13 months to 31 May 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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Administrative expenses: |
(
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(
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Other operating income: |
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Operating profit(or loss): |
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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 | 13 months to 31 May 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 | |||
Debtors: | 4 |
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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: | 5 |
(
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(
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Net current assets (liabilities): |
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( |
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Total assets less current liabilities: |
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( |
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Creditors: amounts falling due after more than one year: | 6 |
(
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(
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Accruals and deferred income: |
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Total net assets (liabilities): |
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( |
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Members' funds | |||
Profit and loss account: |
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( |
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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 | 13 months to 31 May 2023 | |
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Average number of employees during the period |
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for the Period Ended 31 May 2024
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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Cost | £ | £ | £ | £ | £ | £ |
At 1 June 2023 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 31 May 2024 |
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Depreciation | ||||||
At 1 June 2023 |
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Charge for year |
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On disposals |
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Other adjustments |
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At 31 May 2024 |
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Net book value | ||||||
At 31 May 2024 |
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At 31 May 2023 |
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for the Period Ended 31 May 2024
2024 | 13 months to 31 May 2023 | |
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£ | £ | |
Prepayments and accrued income |
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Total |
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for the Period Ended 31 May 2024
2024 | 13 months to 31 May 2023 | |
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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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Total |
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for the Period Ended 31 May 2024
2024 | 13 months to 31 May 2023 | |
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£ | £ | |
Other creditors |
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Total |
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The Perfect Place to Grow opened to young people in October 2023 as a cafe and training kitchen situated in Margate that supports 18-24 year olds, not in education or work, into long term sustainable employment. We utilise food in all its forms to help young people gain the skills and receive the support needed to change their futures. We work with young people referred to us by local organisations and the job centre, We help them to get the support they require be it physical or mental, and teach them the skills to find employment. They join us on a volunteer basis, we assess their individual needs and support them until they are ready to work. There is no time limit to the support but it is imperative they move on into employment elsewhere.
We still use consultations with wider community groups to back up our own findings over the last year. We discuss needs and outcomes with educational institutions such as East Kent College, DWP, The Education People and local youth organisations such as Pie Factory, KRAN (Kent Refugee Action Network), ArtsEdEx, TDC (Thanet District Council). We are building up knowledge to further improve our own outcomes. We are acting on the call for support of young people as well as the ask from young people to be upskilled in the food industry as well as the need for mental health and wellbeing support.
Director’s salary for A. James included in accounts, 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
25 February 2025
And signed on behalf of the board by:
Name: L Coad
Status: Director