for the Period Ended 31 July 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 31 July 2024
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
1 August 2023
to
31 July 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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| Distribution costs: |
(
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(
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| Administrative expenses: |
(
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(
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| Operating profit(or loss): |
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( |
| Profit(or loss) before tax: |
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( |
| 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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£ |
£ |
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| Fixed assets | |||
| Tangible assets: | 3 |
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| Total fixed assets: |
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| Current assets | |||
| Stocks: | 4 |
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| Debtors: | 5 |
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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: | 6 |
(
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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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| Capital and reserves | |||
| Called up share capital: |
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| Profit and loss account: |
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| Total Shareholders' 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 31 July 2024
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
for the Period Ended 31 July 2024
| 2024 | 2023 | |
|---|---|---|
| Average number of employees during the period |
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for the Period Ended 31 July 2024
| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
|---|---|---|---|---|---|---|
| Cost | £ | £ | £ | £ | £ | £ |
| At 1 August 2023 |
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| Additions |
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| Disposals | ||||||
| Revaluations | ||||||
| Transfers | ||||||
| At 31 July 2024 |
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| Depreciation | ||||||
| At 1 August 2023 |
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| Charge for year |
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| On disposals | ||||||
| Other adjustments | ||||||
| At 31 July 2024 |
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| Net book value | ||||||
| At 31 July 2024 |
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| At 31 July 2023 |
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for the Period Ended 31 July 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Stocks |
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| Total |
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for the Period Ended 31 July 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Trade debtors |
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| Other debtors |
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| Total |
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for the Period Ended 31 July 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Trade creditors |
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| Taxation and social security |
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| Other creditors |
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| Total |
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2024 was a year of learning and change for Ethstat. It’s clear our government is more stretched than ever and organisations with purpose are increasingly becoming the lifeblood of our economy. The rich, poor divide is palpable, and communities are destitute. In our borough alone, 80% of children in four mainstream schools are homeless. We saw record adult homeless figures this year and 65% more people reached out to Ethstat directly for work. Poverty and health is connected and we have seen declining health in our unhoused friends some of whom we provided emergency accommodation for. Dementia is increasing and it is estimated that by 2025 over 1 million people in the UK will have a diagnosis of dementia. Jamila’s Ethical Coffee is growing, and we are forging new contracts with organisations at scale, but the hard work continues and we recognise that to grow further we need to develop stronger partnerships and move deeper into hospitality. One such partnership is with Alzheimer’s UK and we look forward to developing our work together. The plastic crisis is growing, and 2024 was a year that consolidated over 20 years of research - organisations are finally beginning to recognise the science and we are achieving a shift in use and more acceptance that old ways must change.
We are on track for our best growth year to date but our giving has taken us so far and our single focus for 2025 is to develop long term contracts and understand how we can seek external funding. We have answers to many of the current issues; securing our business and ensuring consistent pipeline, is key for us to deliver impact, and share how we do this with our stakeholders.
B Halai-Carter = £22,737.50 Y Halai-Carter = £22,737.50
No transfer of assets other than for full consideration
This report was approved by the board of directors on
4 July 2025
And signed on behalf of the board by:
Name: Bruce Halai-Carter
Status: Director