for the Period Ended 30 April 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 April 2024
Principal activities of the company
Additional information
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
Directors
The directors shown below have held office during the whole of the period from
1 May 2023
to
30 April 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 | 2023 | |
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£ |
£ |
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| Fixed assets | |||
| Tangible assets: | 3 |
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| Total fixed assets: |
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| Current assets | |||
| Debtors: | 4 |
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| Total current assets: |
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| Creditors: amounts falling due within one year: | 5 |
(
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(
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| Net current assets (liabilities): |
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| Total assets less current liabilities: |
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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 April 2024
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Valuation information and policy
Other accounting policies
for the Period Ended 30 April 2024
| 2024 | 2023 | |
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| Average number of employees during the period |
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for the Period Ended 30 April 2024
| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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| Cost | £ | £ | £ | £ | £ | £ |
| At 1 May 2023 |
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| Disposals | ||||||
| Revaluations | ||||||
| Transfers | ||||||
| At 30 April 2024 |
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| Depreciation | ||||||
| At 1 May 2023 |
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| Charge for year |
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| On disposals | ||||||
| Other adjustments | ||||||
| At 30 April 2024 |
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| Net book value | ||||||
| At 30 April 2024 |
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| At 30 April 2023 |
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for the Period Ended 30 April 2024
| 2024 | 2023 | |
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| £ | £ | |
| Other debtors |
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| Total |
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for the Period Ended 30 April 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Bank loans and overdrafts |
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| Trade creditors |
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| Other creditors |
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At Pace CIC continues to support disenfranchised groups, especially BAME women, 50yr+ adapt to new way of life and learning post COVID-19 and during the cost of living crisis. We continue to write bid applications and provide workshops to bridge skills gap, especially IT and linguistic skills as there are dips in learning and confidence that have exacerbated because of COVID-19 lockdown. We continue delivery of our Pre-Entry unaccredited IT, literacy and numeracy workshops to support community members who have little or no key skills, speak little or no English and/or who do not meet eligibility criteria for accredited learning programmes due to residential status. Our programme delivery has helped tackle isolation, loneliness, reduce anxieties and feelings of exclusion. We have been able to identify and address the immediate skill/training needs and demands within communities and help community members deal with challenges and circumstantial changes being faced. This has helped reduce pressures on them, their families, society and local services/council/economy. We work as a supply chain partner with training providers to deliver accredited learning in English, Maths, IT and Mental Health and Wellbeing to support eligible community members back into work or further education. All our workshops/programmes are delivered in safe and friendly spaces at local community centres. We have kept communities engaged. We have improved community cohesion. We have brought different ethnic groups together. We have shared our vision with community partners who all share in our vision and are signposting identified clients to our workshops.
We have communicated with stakeholders through communication: by phone, emails and meetings and all agreed that we should write as many bids as we can to deliver smaller projects to meet community needs and demands. We all agree our focus is to mitigate cultural, language, isolation, loneliness, anxiety and confidence barriers post COVID-19 and through the Cost of Living Crisis, by focusing on small projects, keeping participants engaged and working towards building partnerships, so we can continue to open pathways to continued accredited learning provisions as a supply chain partner.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
22 May 2025
And signed on behalf of the board by:
Name: Yasmin Faruqui
Status: Director