for the Period Ended 30 September 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 September 2024
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
1 October 2023
to
30 September 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 receivable and similar income: |
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| Profit(or loss) before tax: |
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| Tax: |
(
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(
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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 | |||
| Intangible 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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| Prepayments and accrued income: |
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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 September 2024
Basis of measurement and preparation
Turnover policy
Intangible fixed assets amortisation policy
Other accounting policies
for the Period Ended 30 September 2024
| 2024 | 2023 | |
|---|---|---|
| Average number of employees during the period |
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for the Period Ended 30 September 2024
| Goodwill | Other | Total | |
|---|---|---|---|
| Cost | £ | £ | £ |
| At 1 October 2023 |
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| Additions | |||
| Disposals | |||
| Revaluations | |||
| Transfers | |||
| At 30 September 2024 |
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| Amortisation | |||
| At 1 October 2023 |
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| Charge for year |
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| On disposals | |||
| Other adjustments | |||
| At 30 September 2024 |
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| Net book value | |||
| At 30 September 2024 |
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| At 30 September 2023 |
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for the Period Ended 30 September 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 September 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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for the Period Ended 30 September 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Other creditors |
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| Total |
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for the Period Ended 30 September 2024
| Name of director receiving advance or credit: |
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| Description of the transaction: | |
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| £ | |
|---|---|
| Balance at 30 September 2023 |
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| Advances or credits made: | |
| Advances or credits repaid: | |
| Balance at 30 September 2024 |
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This year Prop Up Project CIC has continued to provide a social and sustainable clearance solution for the TV and film industry. PropUp has worked with production companies and studios across the UK to donate thousands of items. From furniture and homeware to clothing and shoes, art supplies and stationery to toys and electricals – these items, that would have gone to waste, have gone to support those who need them. Almost 200 varying beneficiaries have been supported via PropUp, including schools, charities, community centres, theatres, housing support, reuse projects, etc. During a cost-of-living crisis and a climate emergency, PropUp has supplied individuals and organisations with items they cannot afford to buy themselves. Therefore, supporting the wellbeing and lives of so many, at the same time as avoiding unnecessary waste. As well as donations having a significant social impact on these groups, PropUp has also rehomed and resold many items back into the industry and to the public – encouraging a second life culture and a more circular economy. This year saw the launch of ITV ReLoved - a partnership with ITV and eBay to rehome props and costumes from ITV shows, offering the general public and fans the chance to purchase items from their favourite shows.
The company’s stakeholders include: Industry customers (i.e. production companies and broadcasters) who pay for our service to rehome, resell and recycle their unwanted items after a production – we provide them with a report to show them where their items have gone and the work that’s been done. We also have a partnership with ITV to sell their props and costumes on eBay. Charities and community groups – we check in with our beneficiaries and request feedback and information about how the donations have supported them and respond accordingly if there are any issues. The general public – those who attend sales and events – we communicate with them via social media and online and receive feedback via these channels. Employees and Volunteers – we are organised and thorough in our communication and have regular catch ups with our employees (when we have them) to check in on any feedback or issues they may have. Third party suppliers – we work with suppliers including transport, recycling companies, our office space etc. Grant givers – for any grants we have received, we provide a clear description of where money has gone and how it has helped. All feedback this year from our stakeholders has been positive. Any general queries have been dealt with and responded to professionally.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
3 June 2025
And signed on behalf of the board by:
Name: Kate Allan
Status: Director