for the Period Ended 30 June 2024
| Profit and loss | |
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
for the Period Ended
| 2024 | 2023 | |
|---|---|---|
|
|
£ |
£ |
| Turnover: |
|
|
| Cost of sales: |
(
|
(
|
| Gross profit(or loss): |
( |
( |
| Administrative expenses: |
(
|
(
|
| Other operating income: |
|
|
| Operating profit(or loss): |
|
|
| Interest payable and similar charges: |
(
|
(
|
| Profit(or loss) before tax: |
( |
|
| Tax: |
|
(
|
| Profit(or loss) for the financial year: |
( |
|
As at
| Notes | 2024 | 2023 | |
|---|---|---|---|
|
|
£ |
£ |
|
| Fixed assets | |||
| Tangible assets: | 3 |
|
|
| Total fixed assets: |
|
|
|
| Current assets | |||
| Debtors: | 4 |
|
|
| Cash at bank and in hand: |
|
|
|
| Total current assets: |
|
|
|
| Creditors: amounts falling due within one year: | 5 |
(
|
(
|
| Net current assets (liabilities): |
( |
|
|
| Total assets less current liabilities: |
|
|
|
| Total net assets (liabilities): |
|
|
|
| Members' funds | |||
| Profit and loss account: |
|
|
|
| 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
for the Period Ended 30 June 2024
| 2024 | 2023 | |
|---|---|---|
| Average number of employees during the period |
|
|
for the Period Ended 30 June 2024
| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
|---|---|---|---|---|---|---|
| Cost | £ | £ | £ | £ | £ | £ |
| At 1 July 2023 |
|
|
|
|
||
| Additions |
|
|
|
|||
| Disposals | ||||||
| Revaluations | ||||||
| Transfers | ||||||
| At 30 June 2024 |
|
|
|
|
||
| Depreciation | ||||||
| At 1 July 2023 |
|
|
|
|
||
| Charge for year |
|
|
|
|
||
| On disposals | ||||||
| Other adjustments | ||||||
| At 30 June 2024 |
|
|
|
|
||
| Net book value | ||||||
| At 30 June 2024 |
|
|
|
|
||
| At 30 June 2023 |
|
|
|
|
for the Period Ended 30 June 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Prepayments and accrued income |
|
|
| Other debtors |
|
|
| Total |
|
|
for the Period Ended 30 June 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Taxation and social security |
|
|
| Accruals and deferred income |
|
|
| Other creditors |
|
|
| Total |
|
|
Young@heart 2021 CIC aims to create community projects with residents of Middlesbrough. The object is to create social inclusion, help with mental health, general wellbeing and address the current economic crisis. Young@Heart has developed the organisation to the wider community and are now delivering services in multiple areas of Middlesbrough. We promote zero waste distributing surplus supermarket food to address food poverty reducing landfill.
We have three directors who meet regularly to plan our overall strategy, vision and company values. We review our working practice, financial position and monitor our governance procedures. We have built an effective board which has developed our community purpose, adapted our business plan while managing risks effectively. We have a robust reporting system which monitors and evaluates effectively and gives detailed insight into our organisation gaining a positive reputation. We have a transparent working ethos which strengthens trust with our stakeholders and partners.
The total amount paid or receivable by directors in respect of qualifying services was £46,342. 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
7 April 2025
And signed on behalf of the board by:
Name: Bernadette Myers
Status: Director