for the Period Ended 31 January 2025
| Profit and loss | |
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
for the Period Ended
| 2025 | 2024 | |
|---|---|---|
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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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| Profit(or loss) for the financial year: |
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As at
| Notes | 2025 | 2024 | |
|---|---|---|---|
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£ |
£ |
|
| Fixed assets | |||
| Tangible assets: | 3 |
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| Total fixed assets: |
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| Current assets | |||
| Debtors: | 4 |
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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: | 5 |
(
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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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| 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 January 2025
Basis of measurement and preparation
Tangible fixed assets depreciation policy
for the Period Ended 31 January 2025
| 2025 | 2024 | |
|---|---|---|
| Average number of employees during the period |
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for the Period Ended 31 January 2025
| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
|---|---|---|---|---|---|---|
| Cost | £ | £ | £ | £ | £ | £ |
| At 1 February 2024 |
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| Additions |
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| Disposals | ||||||
| Revaluations | ||||||
| Transfers | ||||||
| At 31 January 2025 |
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| Depreciation | ||||||
| At 1 February 2024 |
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| Charge for year |
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| On disposals | ||||||
| Other adjustments | ||||||
| At 31 January 2025 |
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| Net book value | ||||||
| At 31 January 2025 |
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| At 31 January 2024 |
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for the Period Ended 31 January 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Other debtors |
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| Total |
|
for the Period Ended 31 January 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Accruals and deferred income |
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| Other creditors |
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| Total |
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Open Space Studio has become a cornerstone for community health, wellbeing, and connection in our area. Our mission is to make movement, mindfulness, and wellbeing accessible to everyone, regardless of age, ability, or background. We offer a diverse range of inclusive programmes such as Postnatal Pilates, Baby Sensory sessions, and Chair Yoga, each designed to support different stages of life. New parents find strength and confidence through gentle, restorative postnatal exercise; babies and toddlers explore early movement and connection through sensory play; and older adults benefit from chair-based yoga that promotes mobility, balance, and social interaction. Beyond our regular classes, Open Space Studio serves as a vital community hub, welcoming local organisations, support groups, and wellbeing practitioners who use our space to deliver workshops, meetings, and outreach activities. By providing an affordable and supportive venue, we help sustain a wide network of community-led initiatives that nurture physical health, mental wellbeing, and social inclusion. In an area where access to such holistic services is often limited, Open Space Studio continues to fill an important gap - offering a safe, inclusive, and inspiring environment for people to move, connect, and belong.
No consultation with stakeholders
The total amount paid or receivable by directors in respect of qualifying services was £20,253.96. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
31 August 2025
And signed on behalf of the board by:
Name: Chloe Elizabeth Yeomans
Status: Director