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
Directors
The directors shown below have held office during the whole of the period from
1 July 2023
to
30 June 2024
The director shown below has held office during the period of
1 July 2023
to
27 May 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
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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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| 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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| Fixed assets | |||
| Tangible assets: | 3 |
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| Total fixed assets: |
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| Debtors: | 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 30 June 2024
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Other accounting policies
for the Period Ended 30 June 2024
| 2024 | 2023 | |
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| Average number of employees during the period |
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for the Period Ended 30 June 2024
| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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| Cost | £ | £ | £ | £ | £ | £ |
| At 1 July 2023 |
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| At 30 June 2024 |
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| At 1 July 2023 |
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| At 30 June 2024 |
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| At 30 June 2024 |
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| At 30 June 2023 |
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for the Period Ended 30 June 2024
| 2024 | 2023 | |
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| £ | £ | |
| Trade debtors |
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| Total |
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for the Period Ended 30 June 2024
| 2024 | 2023 | |
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| £ | £ | |
| Other creditors |
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| Total |
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In Boss & Brew Academy’s (BB) third year, it continued to deliver its barista training courses working with local young people in Cardiff and beyond. BB expanded its services and activities to meet the needs of young people in an evolving landscape with young people facing the highest rates of unemployment and access to services in over a decade in the UK, reaching 13.3% in the trading year. During this period, BB delivered 8 barista training courses in Cardiff, engaging with 48 young people directly through skills and employability training in our newly refurbished training HQ in Wales Millennium Centre. Of those, 40 were from the Southern Arc of Cardiff, and over 65% are from the global majority. Through a partnership with the Awen Trust, a further 7 barista & employability courses were delivered to 28 people living in Blaenau Gwent. Across the year it has run 15 community pop up coffee shops providing free coffee to members of the local community as well providing valuable work experience for trainees. BB has continued to run 12 drop-in sessions across the year in response to the increasing need for support post training. The Boss & Brew drop-ins provide access to support in upskilling barista skills, employability support such as CVs, job networking, interview prep, and mentoring. BB became an accredited Real Living Wage employer and provided job opportunities for our growing barista graduate community at over 15 events across the year period, helping to build real work experience for their CV’s. During this period, BB took part in both attending and/or hosting a variety of events including Bristol coffee festival, SCA competitions, local latte art throwdowns, fundraisers, and roadshows, exposing our graduate community to new opportunities and pathways in a new industry not previously considered. In February, BB launched its own coffee club membership project. The card gives BB graduates exclusive discounts and offers at over 12 speciality coffee shops and roasters in Cardiff and online. The purpose of the club is to bring our graduate community closer to the speciality coffee industry while promoting the importance of supporting independent businesses. In May, BB celebrated 2 years of its partnership project, The Training Ground Cafe (TTG), with local social enterprise Grange Pavilion Youth Forum. The cafe has created paid employment on the real living wage for 7 young people, whilst hosting trainee work placements for a further 10 local young people, giving them real life work experience in hospitality.
Our key stakeholders are young people in the local community from the Southern Arc of Cardiff, our partner organisations and partner independent businesses within the coffee industry. Our growing BB graduate community has informed the work BB offers through post training feedback forms and in-person engagement through the Boss & Brew drop-in sessions. Young people raise the issues they face and inform us that the lack of work experience is the main barrier in accessing employment, coupled with low confidence, and a low optimism for their futures. Issues young people face are varied, and often multi-faceted and so BB has adapted its approach in how we offer support recognising that not all young people experience challenges and barriers in the same context. In discovering the need for post training support through these consultations, BB has connected more closely with the independent coffee sector in connecting young people to work and volunteering opportunities. BB continued to run fortnightly meetings with our ‘Coffee Committee’ which consists of 6 local young people who sit on a panel to help discuss the business, contribute ideas and inform on decision making at the youth led cafe project, TTG, and BB. Their input has led to our trainee work placement scheme at the cafe, and the successful running of events and fundraisers led by the coffee committee. Through follow up meetings and feedback surveys from our partner organisations in the second year, mainly Cardiff Council Into Work service, Cardiff Youth service, and the Awen Trust, they clearly showed the need for training courses to be extended and include more practical time which we implemented in 23/24 courses. Suggestions were also made for the need of work experience opportunities post training to help them when applying for jobs, which we have been able to offer through our coffee catering events and TTG cafe. Furthermore, BB has consulted informally with the independent coffee sector in Cardiff to better understand the needs of the coffee shop businesses in terms of training, customer service and customer experience and the changing landscape and challenges of speciality coffee. This includes collaborations to help bring graduates closer to the coffee sector making it a more accessible space through coffee events such as cuppings, educational workshops. latte art throwdowns, coffee shop takeovers and the coffee club project. Feedback from coffee shop owners and senior staff has also informed the employability skills unit of the course which has been implemented into all BB’s programmes. By engaging with stakeholders across the year, BB stays informed of the latest challenges and barriers that both young people and the coffee industry face. This shapes the direction of the training, events, projects, and support that it offers going forward.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
30 April 2025
And signed on behalf of the board by:
Name: Natalie Hodgkinson
Status: Director