for the Period Ended 31 July 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 31 July 2024
Directors
The director shown below has held office during the whole of the period from
19 July 2023
to
31 July 2024
The director shown below has held office during the period of
19 July 2023
to
27 July 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
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As at
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| Creditors: amounts falling due within one year: | 3 |
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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 31 July 2024
Basis of measurement and preparation
Other accounting policies
for the Period Ended 31 July 2024
| 2024 | ||
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| Average number of employees during the period |
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for the Period Ended 31 July 2024
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The company runs The Village Shop, a general store in The Village with a particular emphasis on selling locally produced food. The shop opened for business in August 2005. During the financial year 2006-2007, the shop’s activities have benefited the community in the following ways: local residents (particularly those without access to cars and those with impaired mobility) have been able to buy their groceries more conveniently, either by visiting the shop or by using its telephone order home delivery service; the number of “food miles” generated by producers and consumers of food in The Village has been reduced by about 15 per cent; the shop has provided full-time or part-time employment for 5 local residents; 8 small-scale local producers of various food and drink products, who were either dissatisfied with or unable to supply larger wholesalers or retailers have been able to sell their products through the shop; and 40 households have been supplied with regular or occasional domestic services through the shop’s job-matching service.
The company’s stakeholders are residents of and visitors to The Village, and local producers of food and drink products in the surrounding area. The directors of the company have lived in The Village for a number of years and developed the business model for the shop based on their experience of talking to other residents. We ask everyone using the shop for the first time to fill in a short questionnaire about their shopping habits. This has helped us to build up a profile of local consumers’ needs and what we can do to meet them more effectively. Our research has enabled us to identify that there are about 120 households in the village without access to cars or where residents have impaired mobility, and a further 200 or so households who now use the shop for at least 40 per cent of their grocery shopping. We encourage those working in the shop to pick up ideas for the business when talking to customers and we keep a “suggestions box” for customers to provide details of products which they would like to see stocked in the shop
The aggregate amount of emoluments paid to or receivable by directors in respect of qualifying services was £10,000. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed
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: Gemma Carey
Status: Director