for the Period Ended 31 July 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: |
(
|
(
|
Operating profit(or loss): |
( |
( |
Profit(or loss) before tax: |
( |
( |
Profit(or loss) for the financial year: |
( |
( |
As at
Notes | 2024 | 2023 | |
---|---|---|---|
|
£ |
£ |
|
Fixed assets | |||
Tangible assets: | 3 |
|
|
Total fixed assets: |
|
|
|
Current assets | |||
Cash at bank and in hand: |
|
|
|
Total current assets: |
|
|
|
Creditors: amounts falling due within one year: | 4 |
(
|
(
|
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 31 July 2024
Basis of measurement and preparation
Tangible fixed assets depreciation policy
for the Period Ended 31 July 2024
2024 | 2023 | |
---|---|---|
Average number of employees during the period |
|
|
for the Period Ended 31 July 2024
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
---|---|---|---|---|---|---|
Cost | £ | £ | £ | £ | £ | £ |
At 1 August 2023 |
|
|
||||
Additions | ||||||
Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 31 July 2024 |
|
|
||||
Depreciation | ||||||
At 1 August 2023 |
|
|
||||
Charge for year |
|
|
||||
On disposals | ||||||
Other adjustments | ||||||
At 31 July 2024 |
|
|
||||
Net book value | ||||||
At 31 July 2024 |
|
|
||||
At 31 July 2023 |
|
|
for the Period Ended 31 July 2024
2024 | 2023 | |
---|---|---|
£ | £ | |
Accruals and deferred income |
|
|
Total |
|
|
The company runs Scrap Dragon, a scrapstore/creative reuse centre, providing clean, safe reusable waste materials that would usually be sent to landfill or incineration, to community organisations, schools, families, community artists and others for the purpose of children’s play, creative activities, arts and craft. During the financial year 2023-2024 the scrapstore/creative reuse centre activities have benefited the community in the following ways: Between August 2023 – July 2024 we were open for 30 days, generally 1 day a week and 1 weekend day per month. - In total we had 768 individual visits to the scrapstore - 190 families (including those home educating) have been able to access low cost, affordable materials for children’s play, creative activities and school/educational projects. - At every visit, every member was asked “How many people will benefit from your visit today?” in order to gauge the number of people that our scrap materials may have reached. The total number was over 15,000 people. A breakdown of the group membership is as follows: - 42 schools, 34 nurseries/early years are now visiting the scrapstore - Voluntary/Community/Faith 24 - Children & Youth Activities 21 - Uniformed groups 13 - Charities/CICs 10 - Family hubs 9 - Craft clubs: 9 - Artists/Theatre/Workshops 6 - Other 3 Volunteers - We have 9 volunteers, assisting to run the scrapstore/creative reuse centre, on a rota basis, helping to sort out donations, keeping the scrapstore clean and tidy, assisting members to find what they need. Events - In January 2024 we delivered a craft workshop to Seven Hills Womens Institute group. The group was introduced to Scrap Dragon and they made peg dolls. - In February 2024, we attended Barnsley Early Years Conference in order to reach more Early Years Practitioners. We took a pop-up scrap shop and sold 0.6 tonnes of scrap. - We delivered a 2 day event at 2 community centres: in Lowedges and Longley Four Greens, and invited local Education providers. The event was free for participants, and was aimed at gaining feedback for our resources, services and membership. We hired 3 community artists over the weekend, who delivered scrap workshops to 87 individuals representing 63 different education settings in and around Sheffield. - We hosted 8 workshops throughout the year delivered by community artist, Carmel Paige, that were based on repair and reuse, using scrap materials. These included Darn & Yarn, Family clothing repair, alternative gift wrappings and make your own notebook workshops. - In November 2023 we had a volunteer day with VolkerRail, held in the scrapstore with 8 volunteers coming to us for the day to help process scrap for a total of 40 volunteer hours. Waste collection - 34 local businesses, manufacturers and commercial organisations have donated suitable waste material and resources to be reused for play, arts and crafts activities - We have also received donations from individuals, approximately from 3-4 people a week, of unused and left over art & craft materials. - We estimate the tonnage of materials we have saved from going to landfill or incineration during 2023 - 24 is 6.0 tonnes - this is more than the tonnage from the previous year, and reflects the increased demand by our members for resources.
The company’s stakeholders are anyone that lives or works with children and young people in Sheffield and South Yorkshire, and local businesses and manufacturers who donate suitable waste materials and reduce the amount of wastage going to landfill/incineration. All users of the scrapstore/creative reuse centre are required to be members. Following covid and the shutdowns, we noticed that regular use of the scrapstore by community organisations and schools had not come back to levels we had anticipated. After monitoring who was using the scrapstore on a regular basis we made a decision to promote the scrapstore with schools, early years and community groups working directly with children and revised our membership system. In January 2024, we introduced 2 different types of membership in order to create a fairer system for accessing our resources: Yellow membership for individuals for £1, and Green membership for groups was also priced at £1. Green membership enabled the member to purchase unlimited scrap from larger green baskets at £5 per basket. Yellow members purchased scrap at £3 for a smaller basket. There has been a notable increase in visits from members of the local community, many of which speak Arabic as their first language, as such we have started to translate membership terms and conditions and membership forms in the main languages spoken in and around the area we are located. We ask everyone visiting the scrapstore/creative reuse centre about who will be using the resources and for what purpose. Our website and social media is used to inform members and non-members about what we offer. Members and non-members are able to message us, provide feedback and comments which we take into account for improving our service. We continue to explore possibilities for funding opportunities and started discussions with appropriate professionals with regard to employing staff, taking on larger premises and applying for grants.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
21 March 2025
And signed on behalf of the board by:
Name: Yanina Koszalinski
Status: Director