for the Period Ended 31 December 2024
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
for the Period Ended
2024 | 2023 | |
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£ |
£ |
Turnover: |
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Cost of sales: |
(
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(
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Gross profit(or loss): |
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Administrative expenses: |
(
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(
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Other operating income: |
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Operating profit(or loss): |
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Profit(or loss) before tax: |
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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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£ |
£ |
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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 | |||
Debtors: | 4 |
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Cash at bank and in hand: |
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Investments: | 5 |
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Total current assets: |
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Prepayments and accrued income: |
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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: | 6 |
(
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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
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 December 2024
Basis of measurement and preparation
for the Period Ended 31 December 2024
2024 | 2023 | |
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Average number of employees during the period |
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for the Period Ended 31 December 2024
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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Cost | £ | £ | £ | £ | £ | £ |
At 1 January 2024 |
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Additions |
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Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 31 December 2024 |
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Depreciation | ||||||
At 1 January 2024 |
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Charge for year |
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On disposals | ||||||
Other adjustments | ||||||
At 31 December 2024 |
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Net book value | ||||||
At 31 December 2024 |
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At 31 December 2023 |
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for the Period Ended 31 December 2024
2024 | 2023 | |
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£ | £ | |
Trade debtors |
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Prepayments and accrued income |
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Total |
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for the Period Ended 31 December 2024
Office furnitures
for the Period Ended 31 December 2024
2023 | ||
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£ | ||
Bank loans and overdrafts |
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Other creditors |
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Total |
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From 1st January to 31st December 2024, the Centre of Excellence delivered more services and support than in any previous year. We proudly extended our outreach to Grahame Park residents from all backgrounds, with a continued focus on supporting Somali and wider BAME communities. Throughout the year, we organised a variety of initiatives designed to complement our core programmes. We believe that for communities to grow and thrive, there must be space for understanding, connection, and mutual support. Our vision is to create a safe and welcoming environment where people from all backgrounds can come together, share their experiences, and encourage one another in achieving their own self-defined goals. These activities focused on health and emotional wellbeing, culture and heritage, learning and development, and sports and leisure. Notable successes included the third running year of the Grahame Park Football Club and our much-celebrated Eid al-Fitr community breakfast, both of which fostered unity, engagement, and a strong sense of belonging among residents.
Our advocacy and consultation sessions have played a vital role in supporting individuals through a range of personal and practical challenges as well as combating homelessness and eviction notices. These sessions provide targeted guidance, resources, and referrals, empowering participants to make informed decisions and take confident steps forward. By working collaboratively with stakeholders and local service providers, we were able to secure tenancies, getting social housing for families locally and ensuring that our support is responsive to the community’s evolving needs. This work demonstrates our commitment to fostering trust, addressing inequalities, and creating positive, lasting change for those who rely on our services.
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: Ms Hawa Abdi
Status: Director