for the Period Ended 27 February 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 27 February 2024
Directors
The directors shown below have held office during the whole of the period from
1 March 2023
to
27 February 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 | |
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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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Other operating income: |
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Operating profit(or loss): |
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( |
Interest receivable and similar income: |
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Interest payable and similar charges: |
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Profit(or loss) before tax: |
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Tax: |
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Profit(or loss) for the financial year: |
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As at
Notes | 2024 | 2023 | |
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£ |
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Fixed assets | |||
Intangible assets: |
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Tangible assets: | 3 |
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Investments: |
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Total fixed assets: |
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Current assets | |||
Stocks: |
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Debtors: |
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Cash at bank and in hand: |
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Investments: |
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Total current assets: |
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Prepayments and accrued income: |
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Creditors: amounts falling due within one year: | 4 |
(
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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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Creditors: amounts falling due after more than one year: |
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Provision for liabilities: |
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Accruals and deferred income: |
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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
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 27 February 2024
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Other accounting policies
for the Period Ended 27 February 2024
2024 | 2023 | |
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Average number of employees during the period |
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for the Period Ended 27 February 2024
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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Cost | £ | £ | £ | £ | £ | £ |
At 1 March 2023 |
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Additions |
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Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 27 February 2024 |
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Depreciation | ||||||
At 1 March 2023 | ||||||
Charge for year | ||||||
On disposals | ||||||
Other adjustments | ||||||
At 27 February 2024 | ||||||
Net book value | ||||||
At 27 February 2024 |
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At 28 February 2023 |
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for the Period Ended 27 February 2024
2024 | 2023 | |
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£ | £ | |
Trade creditors |
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Accruals and deferred income |
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Total |
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for the Period Ended 27 February 2024
In the past financial year, Ambitious Lives has significantly benefited the Sandwell community through targeted interventions aimed at reducing youth violence and criminal exploitation. Our bespoke mentoring programs have engaged over 200 young individuals, particularly those at risk of school exclusion or gang involvement, providing them with positive role models and alternative pathways. Collaborations with local schools, police, and youth justice teams have strengthened community ties and enhanced public safety. Notably, our efforts have led to a measurable decrease in youth-related incidents in identified high-risk areas, contributing to a safer and more cohesive community environment. Additionally, feedback from participants and partners indicates improved school attendance and heightened aspirations among the youth we serve. These outcomes underscore our commitment to fostering positive change and empowering young people to realize their full potential.
Ambitious Lives has conducted consultations with stakeholders over the past financial year. We engaged with local schools, police, youth justice teams, community organizations, and the young people we serve to gather feedback and assess the effectiveness of our programs. These consultations have been instrumental in shaping our interventions and ensuring they meet the needs of the community. The insights gained have led to program adjustments and strengthened partnerships, enhancing our impact on reducing youth violence and criminal exploitation in Sandwell.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
13 February 2025
And signed on behalf of the board by:
Name: Malachi Nunes
Status: Director