for the Period Ended 31 January 2025
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 January 2025
Directors
The director shown below has held office during the period of
26 September 2024
to
31 January 2025
The directors shown below have held office during the whole of the period from
9 January 2024
to
31 January 2025
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
13 months to 31 January 2025 | ||
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£ |
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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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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 | 13 months to 31 January 2025 | ||
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Fixed assets | |||
Intangible assets: |
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Tangible assets: |
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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: | 3 |
(
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Net current assets (liabilities): |
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Total assets less current liabilities: |
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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: |
( |
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 January 2025
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Other accounting policies
for the Period Ended 31 January 2025
13 months to 31 January 2025 | ||
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Average number of employees during the period |
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for the Period Ended 31 January 2025
13 months to 31 January 2025 | ||
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£ | ||
Accruals and deferred income |
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Total |
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The company has been preparing to launch a project in April 2025 providing employment opportunities for people with experience of homelessness in Cambridge. The project will employ several people as tour guides in 2025 and beyond, providing supportive flexible employment, income and improving mental health and housing outcomes. From registration to 31st January 2025 the company has completed the following activities: Consulted potential beneficiaries and partners Secured initial grant funding for 2025 Researched and drawn up policies, procedures, business model and projected management accounts Recruited 3rd company director and trained directors Secured partnership agreement with key partner Jimmy’s Cambridge (local night shelter and hostel and largest local homeless support provider) to collaborate on recruitment and support for beneficiaries Secured support and funding from Cambridge City Council (in partnership with Jimmys Cambridge) Prepared digital assets As of 31st January 2025 the company is on track to commence project operations and achieve intended community impact in the next financial year.
Stakeholders: Organisational partners Jimmy’s (largest local temporary accommodation and homeless support provider) Multiple meetings resulting in partnership agreement to collaborate on recruitment and support for beneficiaries. Place on stakeholder panel. Cambridge Cyrenians (local temporary accommodation and homeless support provider) Meetings to gain advice and insights. Planned partnership agreement place on stakeholder panel in mid/late-2025. Cambridge City Council Homelessness Services Meetings, agreed funding, collaboration, and place on stakeholder panel. Placing project within the wider local Homes2Work programme. Beneficiaries Informal conversations with potential beneficiaries Project startup in March will involve 1 month period of recruited beneficiaries co-creating products and activity schedules.
The total value of directors' remuneration is £5,000.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
28 February 2025
And signed on behalf of the board by:
Name: Elliot Harris
Status: Director