for the Period Ended 30 November 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 November 2024
Directors
The directors shown below have held office during the whole of the period from
1 December 2023
to
30 November 2024
The director shown below has held office during the period of
1 December 2023
to
29 February 2024
The directors shown below have held office during the period of
1 March 2024
to
30 November 2024
The director shown below has held office during the period of
29 February 2024
to
30 November 2024
The director shown below has held office during the period of
29 February 2024
to
19 April 2024
Secretary
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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£ |
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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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| Interest receivable and similar income: |
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| Interest payable and similar charges: |
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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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| 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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| 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 November 2024
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Other accounting policies
for the Period Ended 30 November 2024
| 2024 | 2023 | |
|---|---|---|
| Average number of employees during the period |
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for the Period Ended 30 November 2024
| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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| Cost | £ | £ | £ | £ | £ | £ |
| At 1 December 2023 |
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| Additions |
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| Disposals |
(
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| Revaluations | ||||||
| Transfers | ||||||
| At 30 November 2024 |
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| Depreciation | ||||||
| At 1 December 2023 |
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| Charge for year |
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| On disposals |
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| Other adjustments | ||||||
| At 30 November 2024 |
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| Net book value | ||||||
| At 30 November 2024 |
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| At 30 November 2023 |
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for the Period Ended 30 November 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Trade debtors |
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| Prepayments and accrued income |
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| Other debtors |
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| Total |
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for the Period Ended 30 November 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| 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 2023-24 the company ran 3 local weekly shops in different areas of Brighton & Hove, as well as a weekly pop-up shop in Coldean. One of our branches, Hove, closed at the end of this period. This was due to a combination of factors: An inadequate venue, complex logistics, lack of available food. This area remains well supported by other food projects. A proportion of our members and volunteers moved to one of our other locations and continue to be supported. The company sourced surplus food from local businesses, received surplus food from FareShare UK and purchased fresh fruit and vegetables from a local supplier in order to provide members with a good shop for a small weekly fee, while also reducing food waste. The company provided 7808 weekly shops to 642 households, averaging 163 household shops per week. For 3 months between July and October we ran a pilot of a delivery service for housebound members. This service, although useful to the few members who took up the offer, did not prove popular enough to remain cost effective in the longer term. We slightly increased our donation amounts to £5/£7 in April 2024, in order to cover increased running and purchasing costs, but remain a secure and cost effective service to our members. Stores are run by volunteers drawn largely from the membership, which provides a close link between the company and the communities it serves. In addition, the company was able to employ dedicated store leads to improve communication between the company, members and volunteers and improve the service offered. At the year end, the company had 3 part-time employees, all local to the city. We offered volunteer placement opportunities to both University of Brighton students, and youth offenders through the Council's Youth Justice team.
Our stakeholders are our members and volunteer team members. At the end of the year we had 366 active members, and 71 volunteers. We ran in 3 locations with a membership made up of local residents, and a further surplus scheme run by a community centre where anyone local can collect food. We ran a survey of our members in winter 2024. Some results from the survey: Of respondents: 75% said they had saved money; 69% said they eat better within their budget; 43% had tried new foods; 50% ate more vegetables. 54% said it made them feel more connected to others; 39% said they had made new friends; 49% learned about other services through us. Respondents rated us 4.5/5 for value for money. Some quotes: “Brightstore has been a life line when things have been really tight. The food choices are great and always lots of lovely fruit and veg. Brightstore is also a hub for the community where we can chat and get advice about other agencies. It's also really helped to chat when I've needed it. The staff are really caring” “BrightStore provides quality food and some lovely fresh produce for great value and has considerably reduced my family's food expenditure. But it is so much more to me than that as it helps me to feel less isolated and more connected to the local community. The volunteers are amazing. I wish everyone everywhere could have access to such a scheme.” We also send out a weekly email newsletter, and run a WhatsApp group for each store, as well as a Facebook group where members are encouraged to share recipes and other information. Employing store leads has also allowed us to have more direct contact with members, and to allow suggestions and feedback to be communicated more easily with the organisation. Our Committee is made up of BrightStore members, volunteers and other supporters from the local community, who contribute by steering and offering advice and collaboration; and widen our reach by networking and nurturing connections throughout the city.
The total amount paid or receivable by directors in respect of qualifying services was £24,354. 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
2 March 2025
And signed on behalf of the board by:
Name: Rachel Pitts-Wicks
Status: Director