for the Period Ended 31 December 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 December 2024
Directors
The directors shown below have held office during the whole of the period from
1 January 2024
to
31 December 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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| 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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(
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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 | |||
| Cash at bank and in hand: |
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| Total current assets: |
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| Creditors: amounts falling due within one year: | 4 |
(
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(
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| Net current assets (liabilities): |
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( |
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| Total assets less current liabilities: |
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( |
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| Total net assets (liabilities): |
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( |
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| Members' funds | |||
| Profit and loss account: |
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( |
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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
Turnover policy
Tangible fixed assets depreciation policy
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
| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
|---|---|---|---|---|---|---|
| Cost | £ | £ | £ | £ | £ | £ |
| At 1 January 2024 |
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| Additions |
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| Disposals | ||||||
| Revaluations | ||||||
| Transfers | ||||||
| At 31 December 2024 |
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| Depreciation | ||||||
| At 1 January 2024 |
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| Charge for year |
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| On disposals | ||||||
| Other adjustments | ||||||
| At 31 December 2024 |
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| Net book value | ||||||
| At 31 December 2024 |
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| At 31 December 2023 |
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for the Period Ended 31 December 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Other creditors |
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| Total |
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Hermit is a youth focused organisation that supports young people through music. We help support, develop and mentor young people through music activities which include one-to-one lessons, groups sessions and specialist workshops. We have the use of a dedicated safe space in Brentwood for local young people ages 10-19 and the surrounding areas (though also attract young people from across Essex) that offers a platform for young people to perform, build confidence, learn new skills and build friendships. We organise a weekly free to access 'music club' whereby young people can perform music in a safe and friendly environment, meet new people, build confidence and gain experience. Our sessions also include one dedicated to the home educated community. We delivered training to young people in other areas of the music industry, such as sound engineering and ran a weekly creative drop-in session in partnership with Essex Youth Service. We continued a partnership with a local secondary school, Beckets Keys, to deliver a series of development sessions for their pupils. We continued to work with the Essex Music Development Agency and through funding support was able to off several free to access workshops.
The company has three pro-active directors, but the club is run by young volunteers from the local community who help shape the programme of activities we deliver. Our stakeholders are volunteers, students, parents and event attendees. We consult our volunteers on a weekly basis as part of our ongoing development. We have also developed an adult volunteer group that is made up for parents to further support our work. We continue to have dialogue with all parents that plays a key role when reviewing our activities and acts to reassure parents that we are a safe environment for young people.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
5 January 2025
And signed on behalf of the board by:
Name: Mr Anthony Morrison
Status: Director