for the Period Ended 31 August 2024
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
As at
Notes | 2024 | 2023 | |
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Fixed assets | |||
Tangible assets: | 3 |
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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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Total current assets: |
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Creditors: amounts falling due within one year: | 6 |
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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: | 7 |
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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 31 August 2024
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Other accounting policies
for the Period Ended 31 August 2024
2024 | 2023 | |
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Average number of employees during the period |
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for the Period Ended 31 August 2024
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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Cost | £ | £ | £ | £ | £ | £ |
At 1 September 2023 |
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Additions |
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Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 31 August 2024 |
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Depreciation | ||||||
At 1 September 2023 |
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Charge for year |
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On disposals | ||||||
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At 31 August 2024 |
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Net book value | ||||||
At 31 August 2024 |
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At 31 August 2023 |
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for the Period Ended 31 August 2024
2024 | 2023 | |
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£ | £ | |
Stocks |
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Total |
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for the Period Ended 31 August 2024
2024 | 2023 | |
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£ | £ | |
Trade debtors |
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Other debtors |
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Total |
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for the Period Ended 31 August 2024
2024 | 2023 | |
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£ | £ | |
Bank loans and overdrafts |
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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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for the Period Ended 31 August 2024
2024 | 2023 | |
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£ | £ | |
Bank loans and overdrafts |
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Total |
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In the space provided below, please insert a general account of the company’s activities in the financial year to which the report relates, including a description of how they have benefited the community. Blackhorse Workshop is a community space for making and creativity with a fully equipped wood and metal workshop and studio spaces in Walthamstow. Education Delivered courses teaching woodwork and metalwork to over 800 adults. Delivered machine, power tool or hand tool induction training sessions to teach use of workshop machinery to 420 adults. This year we ran the fourth round of Blackhorse Responders an award-winning creative activism programme for 16-25 year old makers. Created to explore the use of design to transform attitudes and give young people a voice to speak out and engage others creatively about the issues they care about,16 local young people attended weekly sessions and Saturday trips. Inspirational guest speakers and offsite trips developed individual passions, demonstrating the practical activation of ideas and how to campaign for change and explore what creative activism means in our everyday. Speaking to those working in the field was key to understanding how ideas can be realised and have impact, seeking out opportunities for engagement with different local and creative partners; a chance to take ideas and present them in a public context. Activators, our alumni programme for young people who have taken part in Responders continued this year. The group met monthly to seek out new opportunities to present work, develop ideas, grow networks and connections and develop skills in the workshop. Two Special Educational Needs Schools, attended weekly sessions to learn practical design technology and creative skills, achieving significant improvement in their educational expectations with several of this year’s cohort applying to for further study as a direct result of their involvement with Blackhorse Workshop. Business Support We provided shared tools, equipment and affordable workspace to 48 emerging creative businesses. As many have been forced out of London due to the rising cost of living, we have continued to support makers to be able to stay in the city and continue to make a living doing what they love. Providing workspace that remains ‘affordable’ is a top priority, alongside building a network of creative professionals that can continue to provide opportunities to collaborate and take on wider projects whilst learning from one another. Our open-access / pay-as-you-go structure allows anyone to be able to grow their skills and confidence at their own pace, providing the opportunity to meet other makers and develop their experience until they are ready to take on their own dedicated desk space. We have provided open access bench bookings for all members of the public who have completed a H&S induction, in both our wood and metal workshops. Community Events Our Community Kitchen ran twice a week until April 2024, offering a hot vegetarian/vegan meal, of a high standard on a sliding scale price system. The meal was held in a friendly and welcoming environment, encouraging social interaction. In December, it was our annual Christmas market hosted approx.150 visitors and 18 creatives selling their work. Local residents Our offer for local families included: Make Stuff Club - 10 young people aged 9-11 work on weekly and longer term projects. Monthly family sessions - Up to 15 young people and adults aged 9+ make a different project each time. Special Education Needs focussed Make Stuff Club – 15 young people aged 9-11 work on weekly and longer term projects. We continued to run a Concessions club, offering free spaces on courses to people on low incomes and reduced rate bench bookings. Maker Noons is a multi-generational weekly drop-in session that supports residents at risk of isolation, sessions are run by volunteers who have also benefited from the offering of the workshop. On average 10 people attended each week. More detailed Impact Reports are available on our website.
The company's stakeholders are its studio residents, its pay as you go users, its course participants, its staff, its board of directors and the business, regeneration and arts and culture teams from the council. Course evaluation is undertaken at the end of every course delivered, and the feedback has been incorporated and their structure modified. New courses are continuously developed to meet the interests and needs of attendees. Studio members are represented both on the staff and board teams. Occasional members meetings have kept studio members involved with plans for the workshop. Members are invited to take part in public events, as demonstrators, selling or exhibiting their work. And opportunities for commissions, small jobs or business development are shared at least weekly via a membership email list. Members meetings were held quarterly and 2 members of the group joined the Board. The meetings are an opportunity to update our members on activity at the workshop and get feedback on improvements like machinery or security. Following on from an Accessibility Report in 2022, we have installed an accessible woodwork bench and hearing loop.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
5 April 2025
And signed on behalf of the board by:
Name: Ruth Pathirana
Status: Director