for the Period Ended 30 August 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 August 2024
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
31 August 2023
to
30 August 2024
The director shown below has held office during the period of
31 August 2023
to
18 December 2023
The director shown below has held office during the period of
20 March 2024
to
30 August 2024
The director shown below has held office during the period of
8 March 2024
to
30 August 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
| 2024 | 2023 | |
|---|---|---|
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£ |
£ |
| Turnover: |
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| Cost of sales: |
(
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(
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| Gross profit(or loss): |
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| Administrative expenses: |
(
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(
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| Other operating income: |
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| Operating profit(or loss): |
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( |
| Interest payable and similar charges: |
(
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(
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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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£ |
£ |
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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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| Cash at bank and in hand: |
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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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| Creditors: amounts falling due after more than one year: | 6 |
(
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(
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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 August 2024
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Other accounting policies
for the Period Ended 30 August 2024
| 2024 | 2023 | |
|---|---|---|
| Average number of employees during the period |
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for the Period Ended 30 August 2024
| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
|---|---|---|---|---|---|---|
| Cost | £ | £ | £ | £ | £ | £ |
| At 31 August 2023 |
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| Additions |
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| Disposals | ||||||
| Revaluations | ||||||
| Transfers | ||||||
| At 30 August 2024 |
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| Depreciation | ||||||
| At 31 August 2023 |
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| Charge for year |
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| On disposals | ||||||
| Other adjustments | ||||||
| At 30 August 2024 |
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| Net book value | ||||||
| At 30 August 2024 |
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| At 30 August 2023 |
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for the Period Ended 30 August 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Trade debtors |
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| Other debtors |
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| Total |
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for the Period Ended 30 August 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Bank loans and overdrafts |
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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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for the Period Ended 30 August 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Bank loans and overdrafts |
|
|
| Total |
|
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Demand continues to rise and while the generosity of the public is still amazing we are mindful of other challenges on the horizon On the positive side of our work we are constantly impressed by amazing transformations we witness with individuals and families moving from crisis toward stabilisation of their situations and on to some brilliant achievements. Our Crisis support sees so many people accessing food, clothes, household and white goods free of charge or at low cost to get people through the worst moments. As part of our anti-poverty strategy we try to use these moments as a time for change, making sure we continue to offer help and encouragement as the crisis lifts and we can start to talk about how to avoid it happening again. This fits to our community, social, educational and work related offers - helping people to review their situations, getting help and taking action to avoid future crisis and to hold a more stable pattern. This means there is time and space to think about the future and talk about what better might look like for them We have been fortunate to receive extra funding support from some fantastic organisations, prepared to invest in our innovative approaches that put individuals and our communities at the centre of both our design and delivery. From digital inclusion, basic skills support, the creation of our Language Library, etc., etc. we are systematically tackling the many and complex issues that cause crisis and keep people in poverty - working for home based and realistic change, from the very first step.. Bovis House continues to be an amazing facility for new and existing businesses, offering town centre space and enterprise support, including community wealth building initiatives and extra focus on social enterprises. Burbank Community Centre has continued to be a vital touch point in a community struggling with a range of issues - this has included working with the Crime Commissioners Office to provide additional reporting support to local communities - ensuring they get the help they need to report crime but also to cope with the consequences of crime and the fear associated with it. The Salaam Centre has been a vital space, recognised in the hardest of times as a warm and inclusive venue shared by its diverse community, offering not only drop ins, courses and activities but also a low cost supermarket, support with language development and lots of other social, economic and environmental support and services. It is important to note the Salaam was at the centre of recent riots but that, as awful as these were, the team there were able to bring the community back together immediately afterward - working on joint clean-ups and ensuring all our community could come back together to support one another. We could go on further about the amazing work of our staff, volunteers and community helpers - the inspiring stories are endless! But we also need to touch on the difficulties that we see on the horizon. Despite the amazing support we have received from The Tudor Trust, National Lottery Community Fund, Henry Smith, James Knott, NGN, Key Fund, Greggs, PFC, and many more the funding arena is changing. A number of larger funders are altering their approaches and coming out of the work that we are involved in. This makes us fearful. Costs are increasing for us and everyone. We generate as much commercial income as we can to support our communities but without continued assistance we fear not being able to keep up with ever growing demand. If you can help us in any way or are a funder and are interested in our work then please get in touch, the more support we receive the stronger chance we have of continuing to meet community need and respond to the challenges and crises we know will come. We are fearful of more events like the recent riots and not being there to support our communities to heal and recover and strengthen. Extra demands mean our reserves are low but we are working hard to prepare for the future, working with our communities, ensuring they are always our first priority
This work is also possible because of the amazing work of our partners, local organisations and businesses pulling together to save people falling through the cracks. Hartlepool Borough Council, The college of Further Education, Hartlepool Carers, Lets Connect, The Baby Bank, Harbour, Recovery Connections, the list goes on. By working with different groups with different specialisms, resources and skills we can try to ensure every single person has the best chance of achieving their potential and being a positive part of their community.
The directors received remuneration of £54,588 in the year.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
3 March 2025
And signed on behalf of the board by:
Name: I Cawley
Status: Director