SAMBREEL COMMUNITY INTEREST COMPANY

Company Registration Number:
11403372 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2024

Period of accounts

Start date: 1 July 2023

End date: 30 June 2024

SAMBREEL COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 30 June 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

SAMBREEL COMMUNITY INTEREST COMPANY

Directors' report period ended 30 June 2024

The directors present their report with the financial statements of the company for the period ended 30 June 2024

Principal activities of the company

The company's principal activity during the year was provision of community support to young people and women in disadvantaged areas.



Directors

The directors shown below have held office during the whole of the period from
1 July 2023 to 30 June 2024

Beverley Walker
Wendy Byron


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
22 March 2025

And signed on behalf of the board by:
Name: Beverley Walker
Status: Director

SAMBREEL COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 30 June 2024

2024 2023


£

£
Turnover: 326 1,540
Gross profit(or loss): 326 1,540
Administrative expenses: ( 287 ) ( 1,550 )
Operating profit(or loss): 39 (10)
Profit(or loss) before tax: 39 (10)
Profit(or loss) for the financial year: 39 (10)

SAMBREEL COMMUNITY INTEREST COMPANY

Balance sheet

As at 30 June 2024

Notes 2024 2023


£

£
Current assets
Debtors: 3 2,571 2
Cash at bank and in hand: 2,462 2,659
Total current assets: 5,033 2,661
Creditors: amounts falling due within one year: 4 ( 3,901 ) ( 1,568 )
Net current assets (liabilities): 1,132 1,093
Total assets less current liabilities: 1,132 1,093
Total net assets (liabilities): 1,132 1,093
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 1,130 1,091
Total Shareholders' funds: 1,132 1,093

The notes form part of these financial statements

SAMBREEL COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 30 June 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 22 March 2025
and signed on behalf of the board by:

Name: Beverley Walker
Status: Director

The notes form part of these financial statements

SAMBREEL COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

    Other accounting policies

    Debtors Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. Creditors Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. Taxation A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

SAMBREEL COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

SAMBREEL COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Debtors

2024 2023
£ £
Other debtors 2,571 2
Total 2,571 2

SAMBREEL COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Other creditors 3,901 1,568
Total 3,901 1,568

COMMUNITY INTEREST ANNUAL REPORT

SAMBREEL COMMUNITY INTEREST COMPANY

Company Number: 11403372 (England and Wales)

Year Ending: 30 June 2024

Company activities and impact

Sambreel has continued to provide support to young people from disadvantaged backgrounds working in collaboration with the charity Young Leaders Academy. We have been instrumental in helping 4 young people pass boarding school entrance examinations and gain financially assisted places in top Boarding schools throughout the country. This has given these young people opportunities they would not normally have. We have been working and supporting a group of women through our ‘reclaiming you’ programme, giving them a voice and a safe space. During this financial year planning has commenced for our trip to Gambia with these ladies. We intend not only to deliver well-being programmes to the group but also to link with a local secondary school in Sanyang (Gambia) to bring our educational programme to disadvantaged youth in Africa.

Consultation with stakeholders

Sambreel has worked with the Charity Young Leaders Academy providing educational support to their students. This work has been received excellent feedback from students, parents and the schools associated with the programme. Our work with local women has continued, with the group growing and working together within the community and now with plans to go international.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
22 March 2025

And signed on behalf of the board by:
Name: Beverley Walker
Status: Director