for the Period Ended 31 October 2024
| Profit and loss | |
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
for the Period Ended
| 2024 | 2023 | |
|---|---|---|
|
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£ |
£ |
| Turnover: |
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| Cost of sales: |
(
|
(
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| Gross profit(or loss): |
( |
( |
| Administrative expenses: |
(
|
(
|
| Other operating income: |
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|
| Operating profit(or loss): |
( |
|
| Profit(or loss) before tax: |
( |
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| Profit(or loss) for the financial year: |
( |
|
As at
| Notes | 2024 | 2023 | |
|---|---|---|---|
|
|
£ |
£ |
|
| Current assets | |||
| Debtors: | 3 |
|
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| Cash at bank and in hand: |
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| Total current assets: |
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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: | 4 |
(
|
(
|
| Total net assets (liabilities): |
( |
( |
|
| Members' funds | |||
| Profit and loss account: |
( |
( |
|
| Total members' funds: |
( |
( |
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 31 October 2024
Basis of measurement and preparation
for the Period Ended 31 October 2024
| 2024 | 2023 | |
|---|---|---|
| Average number of employees during the period |
|
|
for the Period Ended 31 October 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Other debtors |
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| Total |
|
for the Period Ended 31 October 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Other creditors |
|
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| Total |
|
|
7 Spheres is focused on bringing communities together. The company runs events to benefit communities in London affected by poverty, social or digital isolation and housing inequality. 7 Spheres runs activities for all ages, cultures and backgrounds in the hope to raise spirits within the community. 7 Spheres has continued to provide activities to benefit the community. During the financial year some of the activities which have benefited the community include: Organising events where women of diverse ages and backgrounds at risk of social isolation were able to come together in a safe environment, play volleyball and create new friendships preventing isolation. Organising chess clubs for local children in the community affected by poverty and housing inequality. This assisted in strengthening community ties between people of different cultures and backgrounds in the community, raising spirits and preventing isolation. Our local gatherings have utilised local foods shops and traders, this has helped in supporting the local economy and also building community ties by introducing the local community to local traders in their area.
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
21 June 2025
And signed on behalf of the board by:
Name: Suja Alsalman
Status: Director