for the Period Ended 30 June 2024
Directors report | |
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 30 June 2024
Principal activities of the company
Directors
The director shown below has held office during the whole of the period from
27 June 2023
to
30 June 2024
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
As at
Notes | 2024 | ||
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£ |
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Fixed assets | |||
Intangible assets: |
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Tangible assets: |
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Investments: |
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Total fixed assets: |
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Current assets | |||
Stocks: | 3 |
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Debtors: |
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Cash at bank and in hand: |
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Investments: |
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Total current assets: |
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Prepayments and accrued income: |
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Creditors: amounts falling due within one year: |
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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: |
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Provision for liabilities: |
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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
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 30 June 2024
Basis of measurement and preparation
Turnover policy
Other accounting policies
for the Period Ended 30 June 2024
2024 | ||
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Average number of employees during the period |
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for the Period Ended 30 June 2024
2024 | ||
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£ | ||
Stocks |
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Payments on account |
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Total |
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We continued our core work of reducing waste and supporting people to cycle through repair, refurbishment and re-sale of donated bikes and supporting DIY repairs. We increased our provision of cycle maintenance training sessions and of group rides, much of this as part of Cycling UK’s annual Big Bike Revival programme. In addition to these, we ran a programme of led rides for refugees, funded by Brighton & Hove City Council, and also the hugely popular Kidical Mass ride which we organised in partnership with Bricycles in September. Meanwhile our second workshop, ‘Bike Hub East’, in East Brighton, became operational on an increasingly regular basis and our base for training.
The company's stakeholders are our customers, volunteers, directors and members of our local community who use the workshop facilities to fix their own bikes. These groups are encouraged to participate in how we run the Brighton Bike Hub: We held one annual AGM during the year, which was well-attended where we presented our Annual report. This afternoon allows interested stakeholders to air their views, make decisions on strategic matters and elect the group of directors. We run other meetings related to the running of the CIC, notably: Directors meet every two months to ensure the sustainability of the IC including strategy and finances. Operation teams, particularly regular volunteers meet monthly to discuss matters relating to volunteer activities and working with customers.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
18 March 2025
And signed on behalf of the board by:
Name: Samuel Lawson Shaw McGregor
Status: Director