for the Period Ended 31 August 2024
| Profit and loss | |
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
for the Period Ended
| 2024 | 2023 | |
|---|---|---|
|
|
£ |
£ |
| Turnover: |
|
|
| Cost of sales: |
(
|
(
|
| Gross profit(or loss): |
|
|
| Administrative expenses: |
(
|
(
|
| Other operating income: |
|
|
| Operating profit(or loss): |
( |
( |
| Profit(or loss) before tax: |
( |
( |
| Profit(or loss) for the financial year: |
( |
( |
As at
| Notes | 2024 | 2023 | |
|---|---|---|---|
|
|
£ |
£ |
|
| Fixed assets | |||
| Tangible assets: | 3 |
|
|
| Total fixed assets: |
|
|
|
| Current assets | |||
| Cash at bank and in hand: |
|
|
|
| Total current assets: |
|
|
|
| Creditors: amounts falling due within one year: | 4 |
(
|
(
|
| Net current assets (liabilities): |
|
|
|
| Total assets less current liabilities: |
|
|
|
| Total net assets (liabilities): |
|
|
|
| Members' funds | |||
| Profit and loss account: |
|
|
|
| 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 31 August 2024
Basis of measurement and preparation
for the Period Ended 31 August 2024
| 2024 | 2023 | |
|---|---|---|
| Average number of employees during the period |
|
|
for the Period Ended 31 August 2024
| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
|---|---|---|---|---|---|---|
| Cost | £ | £ | £ | £ | £ | £ |
| At 1 September 2023 |
|
|
||||
| Additions | ||||||
| Disposals | ||||||
| Revaluations | ||||||
| Transfers | ||||||
| At 31 August 2024 |
|
|
||||
| Depreciation | ||||||
| At 1 September 2023 |
|
|
||||
| Charge for year |
|
|
||||
| On disposals | ||||||
| Other adjustments | ||||||
| At 31 August 2024 |
|
|
||||
| Net book value | ||||||
| At 31 August 2024 |
|
|
||||
| At 31 August 2023 |
|
|
for the Period Ended 31 August 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Taxation and social security |
|
|
| Accruals and deferred income |
|
|
| Total |
|
|
Between September 2023 and August 2024 our main activities included: Research consultancy: Supporting other VCSE organisations on research and evaluation projects using creative methods and in-depth, longitudinal research, facilitated grant funded co-produced research Training and education: We developed and delivered online and in person training for professionals Business development: Stakeholder engagement and network development around our areas of work in West Yorkshire and beyond, bidding for and winning contracts for research projects, attending (online and face to face) events and training aimed at supporting social entrepreneurs, particularly in the area of fundraising, applying for grant funding to develop our own resources and for business development, maintaining and updating web site: niftysustainability.org.uk, maintaining admin, accounts and reporting We used resources in this financial period to: provide pro-bono research support to VCSE organisations seeking to evaluate their impact, provide additional pro-bono capacity and guidance to strategic projects to support VCSE infrastructure organisations at community level, across West Yorkshire and on national projects, provide supplementary resource and capacity for local community engagement projects, build community and individual capacity through informal mentoring as well as providing project and experiential learning opportunities for those wishing to get into sustainability, continue to develop open access and accessible resources around sustainability for community and third sector use, promote and support wider community projects from other VCSE sector organisations
Our main stakeholders are the organisations we work with in the VCSE and higher education sectors and those we support through our pro-bono work. We work very closely with our stakeholders and build long-term relationships. We have regular check-in meetings and create space for feedback on how we work during our projects, and ask for feedback and comments when projects finish. Much of our work also involves stakeholder engagement with groups and communities that the organisations we work with benefit. We develop processes in all our projects to ensure diverse groups are engaged and community voices heard. This can be different for each project with a focus on accessibility and inclusive approaches. Where specific feedback is needed for a project, we use accessible methods to gather this. Feedback from the organisations and individuals we work with (for example in project reviews) and their stakeholders suggests this approach works to engage with community stakeholders. In 2023/24 we also expanded our wider networks for example to develop connections with community groups, national organisations and individuals with lived experience of neuro divergence as part of a co-production project looking at ND, climate change and eco-emotions. We also consider our small team and the wider team of Nifty Associates as important stakeholders. We work closely with them to ensure that any opportunities to work with us are fair and inclusive and actively seek opportunities for feedback in project and placement reviews as well as team and individual staff reviews.
The aggregate amount of emoluments paid to or receivable by directors in respect of qualifying services was £68,184 (in salaries). There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
21 May 2025
And signed on behalf of the board by:
Name: Claire Bastin
Status: Director