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 period of
30 November 2024
to
30 November 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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£ |
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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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| Other operating income: |
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| Operating profit(or loss): |
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| Profit(or loss) before 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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| 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
Tangible fixed assets depreciation policy
for the Period Ended 30 November 2024
| 2024 | 2023 | |
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| 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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| At 30 November 2024 |
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| At 1 December 2023 |
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| Charge for year |
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| On disposals | ||||||
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| 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 | |
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| £ | £ | |
| Trade debtors |
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| Total |
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for the Period Ended 30 November 2024
| 2023 | ||
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| £ | ||
| Trade creditors |
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| Total |
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In the space provided below, please insert a general account of the company’s activities in the financial year to which the report relates, including a description of how they have benefited the community. The company runs the Merry Go Round shop, online store, and an eBay shop, retailing second hand children’s clothing and related goods to raise money for 12 local Primary Schools. This year, we also launched a Merry Go Round Vinted shop which has brought us an additional source of revenue. We always strive to reduce waste, encourage re-use and reduce the environmental impact of children’s goods. In addition to this, we reduce food waste by providing a community fridge and by distributing excess produce from other groups and the local community. We also support to our local community by running a foodbank, providing a warm space, offering practical and emotional support by signposting people to external support services, running a weekly baby-weigh clinic, and host other sessions from external providers including antenatal and mini first aid courses. Our activities this financial year benefitted the community in the following ways: 1. We have improved the mental and physical wellbeing of people in our community, alleviating food insecurity by supplying food to the 150 registered users of our foodbank, and reduced isolation in our town by providing a free warm space and social area. We also provided emotional and practical support, signposting people to external support services, and provided access to free hot meals for a homeless person. 2. We successfully secured funding from the Co-op to purchase 33 slow cookers which were made available for people to keep after attending our free slow cooker courses. 3. We worked in conjunction with other organisations such as GP Surgeries, schools and Social Services to provide free clothing, shoes, and baby equipment to those most in need in our immediate and wider community. We also continue to supply free school uniform to everyone. 4. We hosted monthly drop-in advice sessions with our local Police Community Support Officer. 5. Local residents have been able to purchase a wide range of good quality children’s clothing, shoes, books, toys & games, school uniform and baby equipment at very low prices, particularly benefitting those on a low income / without their own transport. 6. As well as offering general volunteering opportunities, we also helped 2 Duke of Edinburgh Award participants achieve the volunteering element of their award, provided work experience placements for 1 home schooled student, one 6th form student and one 7th, and 1 blind person. 7. The company has continued to provide employment for 3 local residents, and engage the services of multiple local businesses.
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
13 May 2025
And signed on behalf of the board by:
Name: Mrs Sadie Coventry
Status: Director