for the Period Ended 31 January 2025
| 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 January 2025
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
30 January 2024
to
31 January 2025
The director shown below has held office during the period of
30 November 2024
to
31 January 2025
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
| 2025 | 2024 | |
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£ |
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| Turnover: |
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| Cost of sales: |
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| Gross profit(or loss): |
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| Administrative expenses: |
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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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£ |
£ |
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| 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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| Creditors: amounts falling due within one year: | 4 |
(
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| Net current assets (liabilities): |
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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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| 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 January 2025
Basis of measurement and preparation
Turnover policy
Other accounting policies
for the Period Ended 31 January 2025
| 2025 | 2024 | |
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| Average number of employees during the period |
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for the Period Ended 31 January 2025
| 2025 | 2024 | |
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| £ | £ | |
| Trade debtors |
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| Other debtors |
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| Total |
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for the Period Ended 31 January 2025
| 2025 | 2024 | |
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| £ | £ | |
| Accruals and deferred income |
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| Other creditors |
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| Total |
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Community Scrap Shack continues to divert tonnes of redundant reusable materials from landfill back into re-use for the benefit of the local community whilst at the same time protecting the environment. It is estimated that within years every landfill site in the UK will be full, so the work we do is vital to the well-being of not only our local environment but also to the future of the planet as a whole. Continuing on from the difficulties of the previous year, we were faced by further unforeseen challenges this financial year. Following many months of restricted abilities the assistant manager and company director Tracey Roden left on long-term sickness. Due to the impact of losing a key member of the team, we were yet again faced with limited capacity to progress with any improvements or planned business developments. The reduced and over- stretched staff and volunteers focussed again on maintaining the day to day management of the business only. When possible we were able to participate in a multi swap at Gloucester Resource Centre in March, which brought in much needed new resources to maintain the interest of our customers. We also reviewed the feasibility of our pricing structure and made dramatic cuts in the pricing of stagnant stock. This proved to be beneficial and has increased income and customer support. We were fortunate to have a few new volunteers join us this year. One of which took on the organisation and management of the Community RePaint side of the business. This has supported us immensely and dramatically increased paint sales. We hosted a BBQ in August as a thankyou to all our volunteers and their partners who supported us throughout the year. Following the previously successful fabric sale, we held another sale day in September, which again was very successful and brought in a much needed boost in income. We accessed some free Marketing courses throughout the year, which helped us to gain a better knowledge and understanding of strategies and tools available to increase awareness of our scheme. We began to implement changes to our social media presence and delegated content posting to a team of volunteers, which has proven very successful. In November 2024 we had an unannounced visit from the local Fire Officer. There had been a complaint made regarding the lack of fire detection and fighting equipment and clear fire escape access in the event of a fire. Although the officer was satisfied we did have sufficient and regularly maintained extinguishers, she did advise on a change in requirements and suggested additional smoke detectors and fire call points. She was happy for the business to remain open, on the understanding that these measures were addressed immediately and we reduced the length of accessible retail space to 18mtrs until a second fire exit was re-installed. She also recommended we have a Fire Safety Inspection Report completed which would then set the minimum requirements for future reports to be completed by ourselves. An independent assessor visited in November 2024 an recommended a full re-organisation of our retail space, alongside the previous Fire Officers recommendation. It was decided to close early December, to enable us to fully addr.ess the issues and as of January we remain closed. It is anticipated that we will reopen in February, with improved accessibility and a fully working fire safety system. Sadly the closure impacted on our financial stability but we are hopeful that the improvements will eventually be beneficial to the business as a whole.
Stakeholders continue to include all users of the Scrap store and our volunteers with feedback taken directly and through our media sites. Consultation continues to include the organisations and agencies accessing our facilities and workability placements, working with vulnerable adults and those requiring additional support to regain workplace experiences. We continue to work with local schools and colleges, VAST and Regent College and Abbey Hill Special Needs School. Due to the additional help from a new volunteer our Community RePaint Scheme has grown and continues to support individuals and organisations on limited budgets and the increased range of available paints has increased sales, supporting groups , individuals and community artists to access affordable resources, Our volunteers still contribute daily and input into directing the planning of services and the resources and products we have available.
This is in the full accounts.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
13 October 2025
And signed on behalf of the board by:
Name: Michelle Folkes
Status: Director