for the Period Ended 31 May 2024
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
As at
| Notes | 13 months to 31 May 2024 | ||
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£ |
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| Current assets | |||
| Cash at bank and in hand: |
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| Total current assets: |
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| Creditors: amounts falling due within one year: | 3 |
(
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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 31 May 2024
Basis of measurement and preparation
Turnover policy
for the Period Ended 31 May 2024
| 13 months to 31 May 2024 | ||
|---|---|---|
| Average number of employees during the period |
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for the Period Ended 31 May 2024
| 13 months to 31 May 2024 | ||
|---|---|---|
| £ | ||
| Taxation and social security |
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| Other creditors |
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| Total |
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The Children's Business Fair (CBF) gives the next generation the opportunity to develop a business, launch in the real world and make their own money. Young entrepreneurs (aged 7-17), develop a brand, build a product or service, create a marketing strategy and then open for business at our one-day marketplace events. Regular events throughout the year give participants the authentic entrepreneurial 'build-measure-learn' experience. They launch, make mistakes, reflect on them - and relaunch at the next event with lessons learned. This is real learning for the real world. Encouraged by the promise of profits, entrepreneurs also build skills critical to the future of work - grit and resilience, problem-solving, creativity and communication. In the accounting period, the Children’s Business Fair CIC has run nine events. In this period, 509 young entrepreneurs (aged 7-17) have launched their own businesses and sold to tens of thousands of customers. Events bring colour, community and commerce to the centre of Guildford. Our team engages with local communities, local schools, families and customers. The events celebrate of the next generation as well as the High Streets on which they are celebrated. The CBF transforms the lives of participants, setting them up with skills for life, not just exams. Parents agree. Our recent Parent Survey found that 83% of respondents strongly felt that the CBF had helped grow their children's confidence. 76% thought that the experience had made their children grittier and better communicators. Bringing colour, community and commerce to local communities, the CBF also transforms the town centres and high streets where the events are held. Regular CBF events, complete with buzz, energy and increased footfall, building a groundswell of positivity and pride of place.
No consultation with stakeholders
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
26 May 2025
And signed on behalf of the board by:
Name: Mr S Rogerson
Status: Director