for the Period Ended 30 June 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 30 June 2024
Directors
The director shown below has held office during the whole of the period from
1 July 2023
to
30 June 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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(
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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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Operating profit(or loss): |
( |
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Interest payable and similar charges: |
(
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(
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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 | 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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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: |
( |
( |
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 30 June 2024
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Other accounting policies
for the Period Ended 30 June 2024
2024 | 2023 | |
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Average number of employees during the period |
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for the Period Ended 30 June 2024
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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Cost | £ | £ | £ | £ | £ | £ |
At 1 July 2023 |
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Additions | ||||||
Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 30 June 2024 |
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Depreciation | ||||||
At 1 July 2023 |
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Charge for year |
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On disposals | ||||||
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At 30 June 2024 |
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Net book value | ||||||
At 30 June 2024 |
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At 30 June 2023 |
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for the Period Ended 30 June 2024
2024 | 2023 | |
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£ | £ | |
Other debtors |
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Total |
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for the Period Ended 30 June 2024
2024 | 2023 | |
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£ | £ | |
Other creditors |
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Total |
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General description: The Nanny Solidarity Network is a grassroots organisation that endeavours to improve the rights and living conditions of all at home childcare providers. With this aim, it undertakes mutual aid coordination efforts to support au pairs in extreme vulnerability conditions. It takes forward campaigning efforts towards betterment of conditions. And it makes efforts to empower its stakeholders so they can better advocate for themselves on a one to one basis. Besides this, a part of the organisation’s capacity is taken up by the work required to ensure due diligence and organisational upkeep. The Nanny Solidarity Network’s offices are located at 144 Cambridge Heath Road, London, England, E1 5QJ. Yearly activities: Campaigning: This year, NSN has continued to put pressure to scrap the Family Workers Minimum Wage Exemption. This is a particular piece of legislation that we have identified as the enabling force behind a lot of the emergency cases we tackle. The campaign has launched the previous year, and NSN has continued bringing attention to it. Once the exemption is lifted, further action will be taken to empower the community in requesting the minimum wage, as it is now their right. This year, NSN has made an effort to create and foster strong relationships with groups aligned with its goals. Through these relationships, we believe we can increase the reach of campaigning in the coming year. Notably, NSN has been part of The Early Education and Childcare Coalition. Mutual aid: The Nanny Solidarity Network uses private donations to provide emergency housing and food vouchers for au pairs and nannies who have become suddenly unhoused due to firing or are experiencing food rationing by their employers. This welfare program is directed specifically to live-in childcare providers. NSN also utilises its network of members and allies to find longer term accommodation for au airs and nannies that need some time to find other work or earn enough money to be able to pay for housing. Community empowerment: The Nanny Solidarity Network has been establishing relationships with as many possible stakeholders (other nannies and au pairs) and holding events where their grievances can be heard and turned into political education sessions. NSN also spends a significant amount of time connecting with au pairs, as they are the least knowledgeable and most exposed in the workforce. Through social events, stronger connections can be created, more awareness of how they can protect themselves is achieved, and awareness of the aid that we can provide is extended. Organisational upkeep: This year has seen a substantial amount of effort put into growing the organisation’s operations side at the same pace as the network. Organisers and the board of directors meets through the year to review governance and decision-making in order to ensure that the community is heard and the organisation's decisions always follow the community’s interests.
The Nanny Solidarity Network considers all the nannies and au pairs who engage with the organisation as stakeholders for their actions. Currently, actions are decided by the Board of Directors based on the informal feedback gathered through the casework and on the ground community events. Once a year, members are invited to a meeting where they can give direct feedback and become more involved in developing the goals and targets for the organisation. As a result of this, NSN participated on the Family Worker Minimum Wage Exemption scrapping campaign, which is still ongoing. A campaign around minimum wage in online marketplaces has been one of the docs areas through the year too. Education campaigns around basic workers rights, specifically around contracts and statutory rights, have been developed. This all has been in addition to the basic functions already defined.
Directors receive no remuneration for their functions as specified in the constitution of the organisation. Of the three directors currently appointed, one is also doing staff-like functions for which they receive a payment of £18.28 per hour, like all staff members.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
27 March 2025
And signed on behalf of the board by:
Name: Berta Marti Chicote
Status: Director