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 | |
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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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(
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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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Current assets | |||
Debtors: | 3 |
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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: | 4 |
(
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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: | 5 |
(
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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 July 2024
Basis of measurement and preparation
Other accounting policies
for the Period Ended 31 July 2024
2024 | 2023 | |
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Average number of employees during the period |
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for the Period Ended 31 July 2024
2024 | 2023 | |
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£ | £ | |
Other debtors |
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Total |
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for the Period Ended 31 July 2024
2023 | ||
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£ | ||
Other creditors |
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Total |
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for the Period Ended 31 July 2024
2024 | ||
---|---|---|
£ | ||
Other creditors |
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Total |
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PART 1 - GENERAL DESCRIPTION OF THE COMPANY’S ACTIVITIES AND IMPACT 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. In particular, the company’s activities are carried out for the benefits of residents of Nottinghamshire and Derbyshire County that living on low income or no income who are struggling to gain employment, distressed by unmanageable money worries, in need to develop the skills, knowledge, attitudes and behaviours they need to manage their money well. Wonderful Way runs intervention programmes such as money management courses, employment workshops, coaching sessions and food support. Our intervention programmes explore different aspects of money such as spending, savings, budgeting creating awareness on money behavioural patterns and provide sustainable resolutions for financial difficulties. Also, our employment workshops support people to return to employment and retain their employment. We hope that the availability of our free intervention programmes will alleviate poverty, empower individuals, restore hope in the community, reduce the numbers of local residents going through financial difficulties and facing cost of living hardship. We’ve established links with local authorities, charities, local groups and recruiters to develop ways of improving employability, reducing financial difficulty and proving sustainable support towards cost-of-living hardship for Nottinghamshire, West Yorkshire and Derbyshire County residents
Wonderful Way CIC have had consultation with B-Global and D2N2 Growth Hub (Nottingham City Council Team). Following on the consultations, we continue to restructure and improve our service delivery to ensure effective impact, service users’ satisfaction and progression. We’ve expanded our established working relationship and partnership beyond Bassetlaw job centre, to schools, local groups and other charities within Bassetlaw council. Also, we established relationship with Staveley job centre, Bolsover libraries, Bradford libraries and chesterfield libraries, Nottingham city library to ensure that our organisation reaches wider service users that will benefit from our intervention programmes. We continuously implement effective tools that will benefit our clients more effectively.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
25 April 2025
And signed on behalf of the board by:
Name: OYEDIRAN, Bolanle
Status: Director