for the Period Ended 31 December 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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| Gross profit(or loss): |
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| Administrative expenses: |
(
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(
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| Operating profit(or loss): |
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( |
| Interest payable and similar charges: |
(
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(
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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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£ |
£ |
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| Current assets | |||
| Cash at bank and in hand: |
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| Total current assets: |
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| Creditors: amounts falling due within one year: | 3 |
(
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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 31 December 2024
Basis of measurement and preparation
for the Period Ended 31 December 2024
| 2024 | 2023 | |
|---|---|---|
| Average number of employees during the period |
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for the Period Ended 31 December 2024
| 2023 | ||
|---|---|---|
| £ | ||
| Trade creditors |
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| Total |
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The Company was incorporated in 2015 with the purpose of arranging activities which benefit the community, and to support and represent the business community through engagement with local authority and other third party organisations. The main aim of the association is to promote the business community as a retail, tourism and services destination through marketing, events and public relations. The stakeholders are all local businesses.
The stakeholders are all local businesses within the Westbourne community. The stakeholders were consulted in the year during informal networking events, by email and a Facebook page from which a consensus of opinions and suggestions are conveyed to the Board. If these suggestions are financially viable and considered to be beneficial to the stakeholders in general by enhancing their businesses, then the Board, with the help of the stakeholders, implement the suggestions. Following meetings and emails exchanges with the stakeholders, the Association organised during the summer a promotional "motor show" of old and classic cars which attracted a lot of visitors to Westbourne and generated funds for the Association through sponsorship. The footfall in Westbourne was increased and the knock on affect was to raise the profile of Westbourne to the benefit of the stakeholder businesses.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
15 September 2025
And signed on behalf of the board by:
Name: Christopher Charles Root
Status: Director