for the Period Ended 30 June 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 30 June 2024
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
12 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
for the Period Ended
13 months to 30 June 2024 | ||
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£ |
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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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Operating profit(or loss): |
( |
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Profit(or loss) before tax: |
( |
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Profit(or loss) for the financial year: |
( |
As at
Notes | 13 months to 30 June 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: |
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Debtors: |
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Cash at bank and in hand: |
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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: | 3 |
(
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Net current assets (liabilities): |
( |
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Total assets less current liabilities: |
( |
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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: |
( |
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 30 June 2024
Basis of measurement and preparation
for the Period Ended 30 June 2024
13 months to 30 June 2024 | ||
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Average number of employees during the period |
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for the Period Ended 30 June 2024
13 months to 30 June 2024 | ||
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£ | ||
Bank loans and overdrafts |
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Amounts due under finance leases and hire purchase contracts |
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Trade creditors |
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Taxation and social security |
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Accruals and deferred income |
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Other creditors |
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Total |
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In its first financial year, the company did not engage in any trading activities. The primary objectives of the company are centered around community benefit through initiatives in housing and physical well-being. Our intended activities include: - Renting and Operating Housing Association Real Estate: Aiming to provide affordable and secure housing solutions to underserved communities. - Letting and Operating Own or Leased Real Estate: Managing properties to offer stable housing options that cater to the needs of the local population. - Physical Well-being Activities: Organising and promoting activities that enhance the physical health and overall well-being of community members. Although the company has not commenced operations during this financial year, significant efforts have been made in planning and establishing the necessary frameworks to support these objectives. This includes engaging with community stakeholders, developing strategic plans, and laying the groundwork for future initiatives. We are committed to ensuring that our future activities will have a positive and measurable impact on the community, aligning with our mission to enhance housing accessibility and promote physical well-being.
As this was the company's first year and no trading activities took place, there were no formal consultations conducted with stakeholders during this period. However, we recognise the importance of stakeholder engagement in achieving our objectives. Our stakeholders include: - Local community members who may benefit from affordable housing and well-being initiatives. - Potential tenants seeking housing solutions provided by housing associations. - Local authorities and housing associations involved in community development. - Health and wellness organisations interested in promoting physical well-being activities. In the upcoming financial year, we plan to initiate consultations with these stakeholders to gather insights and feedback that will inform our services and operations.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
2 May 2025
And signed on behalf of the board by:
Name: Edward Ngede Santos Nkwelle
Status: Director