for the Period Ended 28 February 2025
| Profit and loss | |
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
for the Period Ended
| 13 months to 28 February 2025 | ||
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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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| Distribution costs: |
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| Administrative expenses: |
(
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| Other operating income: |
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| Operating profit(or loss): |
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| Interest receivable and similar income: |
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| Interest payable and similar charges: |
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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 | 13 months to 28 February 2025 | ||
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£ |
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| Fixed assets | |||
| Intangible assets: |
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| Tangible assets: |
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| Investments: |
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| Total fixed assets: |
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| Current assets | |||
| Stocks: | 3 |
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| Debtors: |
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| Cash at bank and in hand: |
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| Investments: |
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| Total current assets: |
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| Prepayments and accrued income: |
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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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| Creditors: amounts falling due after more than one year: |
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| Provision for liabilities: |
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| Accruals and deferred income: |
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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: |
( |
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 28 February 2025
Basis of measurement and preparation
for the Period Ended 28 February 2025
| 13 months to 28 February 2025 | ||
|---|---|---|
| Average number of employees during the period |
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for the Period Ended 28 February 2025
| 13 months to 28 February 2025 | ||
|---|---|---|
| £ | ||
| Stocks |
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| Total |
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for the Period Ended 28 February 2025
| 13 months to 28 February 2025 | ||
|---|---|---|
| £ | ||
| Bank loans and overdrafts |
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| Amounts due under finance leases and hire purchase contracts |
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| Trade creditors |
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| Taxation and social security |
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| Accruals and deferred income |
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| Other creditors |
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| Total |
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The company provides accessible community space rental to a variety of different local groups in a church building. The company rents the church space as a whole and then has rental agreements with the various other parties who rent it. Over the first year the company have provided long term space hire agreements with a Kungfu School – Reading school of martial arts and an Alternative Education support provision Aurora Family cic, it also rents space weekly to the local college Activate learning, and has a community choir and street dancing group who meet weekly in the space. The space is also available to local people (at reduced rates) for parties, band rehersals and other events. This year it has provided a venue for a wake and also an engagement party. The company also hosts quarterly food and craft markets in the space encouraging community engagement and showcasing local crafters and small businesses. The company has engaged with the probation service and engaged the community payback service for rounds maintenance during the summer. In an averge weekthe company provides space for up to 75-80 poeple from the locl community to engage in their hobbies and interests.
The company stakeholders are the church congregation and parish council, the local community and the regular renters and stall holders. Short surveys are distributed at the quarterly events asking the attendees what they would like to see happen in the space. As a result of this feedback the company have offered a ‘sew social’ event where people can come and use the space for sewing and upcycling and also provided the building as a venue for meetings for local community groups and charities. The church (who rent the company the building) also meet with the company quarterly to review the licence this provides a forum for feedback.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
30 October 2025
And signed on behalf of the board by:
Name: Nancy Magon
Status: Director