for the Period Ended 30 June 2024
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
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: | 4 |
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Debtors: | 5 |
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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: | 6 |
(
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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
The directors have chosen not to file a copy of the company's profit and loss account.
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 |
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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 | ||||||
Other adjustments | ||||||
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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£ | £ | |
Stocks |
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Payments on account |
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Total |
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for the Period Ended 30 June 2024
2024 | 2023 | |
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£ | £ | |
Trade debtors |
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Prepayments and accrued income |
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Other debtors |
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Total |
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Debtors due after more than one year: |
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for the Period Ended 30 June 2024
2024 | 2023 | |
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£ | £ | |
Bank loans and overdrafts |
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Amounts due under finance leases and hire purchase contracts |
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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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Other creditors |
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Total |
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We have run a programme of activities at 452 Victoria Road which has been specifically designed to bring New Scots together with the existing community in Govanhill. Activities have included, but haven’t been limited to Community Meals - we have witnessed firsthand the power of shared meals to strengthen connections and build relationships within the community. They also act as a space for individuals who are used to being the recipients of support to be able to “give something back”- this is incredibly powerful and important for feelings of self-worth. Peer support groups - finding connection and strength through shared experiences. Art Activism - using arts and crafts sessions to buffer difficult topics and allow for hard conversations to be had whilst keeping people’s hands busy. We have found this is a really good way to help people to open up and express themselves. Educational Sessions - we often get offers from solicitors, teachers and health practitioners who would like to hold workshops on immigration law, housing rights, women’s health, parental rights etc. IT Classes - digital skills are vital to accessing any services and there are many women we work with who still really struggle with computer technology - we have a waiting list for our current sessions. ESOL - without a level of English to effectively communicate, navigating already difficult systems becomes impossible - people need access to English classes to be empowered and not reliant on others - we have a waiting list for our current sessions. Hostile Environment Training - we have been developing a workshop to educate people about the realities of the asylum process and how it affects people directly. We would like to be able to offer this training to a wide audience so the information can be disseminated and participants learn the true effects of these dangerous policies as opposed to the misinformation that is often circulated on mainstream media. We have seen the following increased outcomes as a result of these activities: anti racist behaviour - through peer led education connectivity - amongst community groups as well as individuals creation and delivery of cooperative projects support for campaigns and community activism on Refugee issues coordination of wider community development between groups emotional and mental wellbeing resilience - both of the individual and the community community cohesion - working effectively together for the benefit of everyone strength through diversity
We take a needs led approach to organising our services and are always adapting and reacting to the suggestions of service users. We regularly gather feedback on different projects and use this to make changes in what we offer and how we run things. We also gather feedback when doing outreach projects, working with other groups and at external events. People are invited to share what they’d like us to do at MILK through our social media and a suggestions box on site. “I have volunteered a lot and some places you know your role, it’s obvious you are limited to that. Here it’s different - I have been given the freedom to express myself and suggest ideas and I’m really grateful for that. You know you will always be heard here.”- ESOL volunteer We have a regular stream of enquiries from people who want the opportunity to donate their time and skills to support people who are newly arrived. This shows us that there is a strong desire to support refugees amongst the people of Glasgow. We know there is a need for these kinds of cohesive activities, if only from the sheer quantity of inquiries we receive every day from individuals and other organisations operating in the city. We have a large following on Social Media and we engage with our local community regularly through that. We get offers from volunteers as well as requests for different classes and sessions that we listen and respond to.
A total of £33,342 was paid to directors as remuneration for services performed by the CIC. These services include project delivery, fundraising, and CIC operations.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
8 March 2025
And signed on behalf of the board by:
Name: Angela Ireland
Status: Director