for the Period Ended 31 August 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 31 August 2024
Additional information
Statement of directors' responsibilities The directors are responsible for preparing the report and accounts in accordance with applicable law and regulations. Company law requires the directors to prepare accounts for each financial year. Under that law, the directors have elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these accounts, the directors are required to: - select suitable accounting policies and then apply them consistently; - make judgements and estimates that are reasonable and prudent; - prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Small company provisions This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
Directors
The directors shown below have held office during the whole of the period from
1 September 2023
to
31 August 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
As at
| Notes | 2024 | 2023 | |
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£ |
£ |
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| Current assets | |||
| Debtors: | 3 |
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| Total current assets: |
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| Creditors: amounts falling due within one year: | 4 |
(
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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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| Accruals and deferred income: |
(
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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
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 August 2024
Basis of measurement and preparation
Turnover policy
Other accounting policies
for the Period Ended 31 August 2024
| 2024 | 2023 | |
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| Average number of employees during the period |
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for the Period Ended 31 August 2024
| 2024 | 2023 | |
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| £ | £ | |
| Other debtors |
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| Total |
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for the Period Ended 31 August 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Taxation and social security |
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| Total |
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Our CIC has partnerships with stores namely M&S, Lidl, Aldi, and Pret-A-Manger to name a few that supply surplus food to serve the community.- We provide local volunteer opportunities for people who are socially isolated. Seen a rise in the need for individuals experiencing feelings of anxiety, depression, and panic attacks and has served that need as per our availability and scope. Projects and resources have supported at least helping throughout the pandemic and more recently, the cost of living crisis. Supplies include food and some household products.
The stakeholders are residents in our local community and our suppliers. We usually conduct surveys, and questionnaires, and speak to beneficiaries and recipients so our model is based on these relations and interactions. We were able to put together and continually update a database of beneficiaries' requirements and needs. From this, we know who needs certain types of supplies so the CIC is able to satisfy targeted needs. There arc times when the suppliers too would enquire as to the needs of the CIC if a product or service is available that we do not have need of it can then be used by another charitable group - the same is true if there is a product or service offered to the CIC that would be of benefit to our beneficiaries.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
28 May 2025
And signed on behalf of the board by:
Name: James Asomaning
Status: Director