for the Period Ended 30 September 2024
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
As at
| Notes | 2024 | 2023 | |
|---|---|---|---|
|
|
£ |
£ |
|
| Fixed assets | |||
| Intangible assets: |
|
|
|
| Tangible assets: | 3 |
|
|
| Investments: |
|
|
|
| Total fixed assets: |
|
|
|
| Current assets | |||
| Stocks: |
|
|
|
| Debtors: |
|
|
|
| Cash at bank and in hand: |
|
|
|
| Total current assets: |
|
|
|
| Prepayments and accrued income: |
|
|
|
| Creditors: amounts falling due within one year: |
|
|
|
| Net current assets (liabilities): |
|
|
|
| Total assets less current liabilities: |
|
|
|
| Total net assets (liabilities): |
|
|
|
| Members' funds | |||
| Profit and loss account: |
|
|
|
| Total members' funds: |
|
|
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 30 September 2024
Basis of measurement and preparation
for the Period Ended 30 September 2024
| 2024 | 2023 | |
|---|---|---|
| Average number of employees during the period |
|
|
for the Period Ended 30 September 2024
| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
|---|---|---|---|---|---|---|
| Cost | £ | £ | £ | £ | £ | £ |
| At 1 October 2023 |
|
|
||||
| Additions | ||||||
| Disposals | ||||||
| Revaluations | ||||||
| Transfers | ||||||
| At 30 September 2024 |
|
|
||||
| Depreciation | ||||||
| At 1 October 2023 |
|
|
||||
| Charge for year |
|
|
||||
| On disposals | ||||||
| Other adjustments | ||||||
| At 30 September 2024 |
|
|
||||
| Net book value | ||||||
| At 30 September 2024 |
|
|
||||
| At 30 September 2023 |
|
|
During the company's 3rd year of trading we continued to develop and deliver a range of projects and activities serving the people of Cumbernauld and surrounding communities. All workshops were offered completely free of charge to community members. We attracted a growing cohort of adults with additional support needs. We made a convincing start on our Made With Intent project, with 2 experienced seamstresses (a creative lead and an assistant) engaged on a freelance basis. By end of September this team had delivered 17 workshops, each lasting between 3 and 5 hours. 3 Young People, 7 Adults and 5 Older People took part, with an average attendance of 6 A team of volunteers were galvanised to collect tents at music festivals Knockengorroch in May, Eden in June and Kelburn Garden Party in July. Participants helped organise reclaimed tents, cutting and sorting the material. Sewing skills were taught, and the group started to create a wide range of decorative art-pieces. These were intended to be displayed at summer festivals Doune The Rabbit Hole and MugStock, but unfortunately both were cancelled due to economic factors. We therefore pivoted and began the production of a range of upcycled bomber jackets and dog jackets. Our Recycle and Re-Use workshops with shared food was named “Make Stew & Mend”, and kicked off on Fridays. In parallel with this project we offered a “pay what you can afford” mending and alterations service, which was utilised by 14 local residents. As these Friday sessions coincided with rehearsals of TRASH Music Projects, who use the MugShack for a teenage rock band project, we developed a partnership whereby the young people were supported by our staff and volunteers to develop costume for performance, by modifying and altering 2nd hand army jackets. We involved them in design, sewing, adding studs and printing their own bespoke logos using a Cricut machine and heat press. We ran 14 drop-in workshops each lasting 7 hours and attended by an average of 9 individuals. In total 2 Children, 10 Young People, 12 Adults and 8 Older People attended.
The company continues to consult our stakeholders via informal consultation during our projects, which are designed to encourage participants to engage in conversation. As part of monitoring and evaluation of funded projects we conducted surveys to assess how the experience of participating in our projects impacted participants.
Funds of £15,599 were paid to director Leigh Watson for her role as Network Coordinator, leading on the delivery of our funded projects. No funds were paid to any director purely for serving as a director. Work by the directors in leading, managing and administrating the company, including fundraising, was provided on a voluntary basis.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
17 June 2025
And signed on behalf of the board by:
Name: Alan Govan
Status: Director