for the Period Ended 31 May 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 May 2024
Principal activities of the company
Additional information
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Directors
The directors shown below have held office during the whole of the period from
1 June 2023
to
31 May 2024
The director shown below has held office during the period of
1 June 2023
to
28 December 2023
Secretary
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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Gross profit(or loss): |
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Administrative expenses: |
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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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Current assets | |||
Stocks: | 3 |
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Debtors: | 4 |
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Total current assets: |
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Creditors: amounts falling due within one year: | 5 |
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Members' funds | |||
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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 May 2024
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Valuation information and policy
Other accounting policies
for the Period Ended 31 May 2024
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Average number of employees during the period |
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for the Period Ended 31 May 2024
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for the Period Ended 31 May 2024
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Prepayments and accrued income |
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Other debtors |
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for the Period Ended 31 May 2024
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Other creditors |
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The Community Interest Company enabled individuals with Mental Health to use creativity in arts and crafts as a catalyst for wellness and recovery. Mostly, people living in North London; Barnet;Enfield and Haringey and other areas in London. In this period, Studio 306 Collective co-designed, co-delivered, co- implemented and co-evaluated community events and activities, with creative local makers on two new projects. We continued our activities on the London Community Funding until September 2023 and on a new project with BEHMHT -Forensic Team. We were successful in a grant application Awards for All to run cost of Living resilience workshops. The grant of £20,000 was received in May 2024 to delivery 26 week workshops from August 2024 to March 2025. The Studio offered people recovering from mental illness a clean, safe, secure and enabling environment to learn new skills, become more self-confident, in order to reduce social isolation and become socially included. In addition to workshops, bi-monthly meetings. We supported them with other creative people networks on an integrated multi agency team approach to help them progress forward with their unique skills and abilities. We provided workshops to long term disadvantaged people , primarily from marginalised communities with open creative space and the opportunity to rediscover forgotten skills, develop new ones, and boost self confidence with an enhanced sense of fulfilment and empowerment.Information, advice and guidance from qualified trained staff in mental health was provided with regular training on employability skills, training workshops, open studios, craft fairs and markets to offer realistic work experiences. The makers gained marketing and communications skills with this global engagement to showcase their work online and in person at community events.Makers were encouraged to promote their handwork at other retail outlets and social media on Instagram and Facebook. The community and public benefits were: 1. Studio 306 Improved healths and well being by connecting people to their local community and health services. We supported at least 180 people in the community, reducing the need for GP or hospital support 2. We engaged with over 85 people in a supervised workshop setting to build up their skills and confidence. 3. We encouraged community connectivity with reduced social isolation. 4. There was a drop in dependence on National Health Services out of service provision and Mental Health improved as over 70 people felt better with health improvements and community peer support. 5. The community benefited from more accessible social support and improved creative designs as their self confidence grew over time. 6. Co-designers joined in local community events to meet firms, access jobs and business opportunities. 7. We held over 75 training workshops and consultative meeting to give all participants a voice. They were listened to and we achieved improvements together with new designs and bespoke customised products
June – Getting Through Life Together – 13 week workshops in sewing and sumi art painting. These workshops were very successful with a good turnout. We attended Pennisula Meeting at THFC around health and safety in the work place and changes in employment law. This was followed up by a site visit to our site around our Health and safety policies and procedures. The PWC mentor continued to support Studio 306 with strategic and operational advice. The print screens were serviced by Cadisch in order to improve the quality of our prints. On 22 June, Studio 306 acknowledged the 75th Anniversary the Windrush Refugee Boat people with some of our senior makers.We continued to work with ACCA North London members and were invited to join them for a social event on 23th June around the theme that we all have ‘More in Common Than That Which Divides Us’. A Board meeting was held on 27th June to plan for the year ahead. July –We held our summer open studio on 5th– 6th July providing an opportunity for the wider community to engage with us and to buy creative handmade affordable art /crafts. Studio 306 held ceramic master classes in July for advanced makers. We joined with Haringey Regeneration Team on a consultative meeting on Shaping Wood Green. Our ceramic tutor facilitated a Victoria and Albert Museum visit with five makers. SA/PA attended Wood Green Business Voices Workshop hosted by Haringey council in Station Road Green Room. August – We continued with health and well being LCF (London Community Foundation) funded workshop through the summer period to support our socially isolated and anxious participants who struggled with the increased costs of living. Many could not afford any holidays and the Studio provided a safe place to meet, have peer support and share lived experiences. We had a visit from colleagues in the NHS Social Prescriber Services who brought their clients for informal visits to see what we do on site. They engaged and enrolled on the future planned workshops. September –Enrolment week for new participants with over 50 individuals registering to attend our workshops. New classes started on 13th September 2023. We showcased our outcome and outputs on Tuesday 26th September for the LCF funded work. Feedback from all beneficiaries was that they wanted these courses to continue as they had made a massive impact of their day to day lives. They felt more enabled and empowered by the specialist tutors and the support offered. Our manager went on a master class in Navigating the Innovation Life Cycle in Business online training webinar. Makers’ consultative meeting were held quarterly to encourage new ideas, improvement and any updates on operational risks on site. October – Attended VCF forum meetings to liaise with others partners, share resources and consider weaknesses in the system. Bespoke wedding order was completed by the print team with 120 wedding cake design bags which were hand printed. Board meeting on 12th October discuss the constitutional aims and objectives in order to be clear that we are a not for profit organisation. Local person donated colourful beads for the jewellery team. These beads were then recycled and used in our free community bead workshops. Partnership work with local community centre to distribute flyers for the local Diwali celebrations. We attended the Mayors fund raising event in partnership with Metro Bank to raise funds for young people with mental health. November –Board meeting 7th with makers’ consultative meeting on 15th.St Anne Craft Fair in Highgate. Winter by the River Thames stall on 23rd and 24th with SEUK support. Hornsey Vale stalls on 26th with volunteers. Group coaching on 30th with PWC and outcome was the website needed improvements. Open Studio was on 30th November for two days. December – Safeguarding course in the Wood Green Library and community engagement. The board reviewed our policy and this was updated. Partnership A1 training in Antwerp Arms with global colleagues from ACCA and other partner firm Christmas bazaar at Haringey Hub on 9th with community sales. Collage Arts Christmas Market on 16th and 17th.with Festive meal on 20th December with 24 people. Jan Sadly, we lost our chair Cllr Stephen Mann in December 2023 and we all attended his funeral on 15th January 2024 at St Peter in Chain, Hornsey Great Mental Health Day was held on Friday 26th Jan. Feb –We had catch up meetings with Board, makers and BEHMHT Forensic Team. Donors came to visit the Studio on 14th. March, studio 306 Women’s achievements was hosted in Metro bank. Our project manager, participated with PwC Entrepreneurs club on a social enterprise coaching workshop to enhance futuregrowth. In April we joined Tottenham Hotspurs Supporters Quiz Night held to raise funds and support Studio 306 at The Antwerp Arms community pub. Retail outlets continue to support our outside sales In May, Studio 306 Board held a budget meeting in Hornsey and had partnership training meetings with others.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
9 April 2025
And signed on behalf of the board by:
Name: Sandra Paulette Wauchope
Status: Director