for the Period Ended 31 March 2025
| Profit and loss | |
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
for the Period Ended
| 2025 | 16 months to 31 March 2024 | |
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As at
| Notes | 2025 | 16 months to 31 March 2024 | |
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| Creditors: amounts falling due within one year: | 3 |
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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 March 2025
Basis of measurement and preparation
for the Period Ended 31 March 2025
| 2025 | 16 months to 31 March 2024 | |
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for the Period Ended 31 March 2025
| 2025 | 16 months to 31 March 2024 | |
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The company sole project was Fylde Coast Veterans Choir, which was created to provide regular opportunities for veterans who enjoy singing to do so in local groups around the Fylde Coast. The soft launch of the project took place in Summer 2024. During the accounting period to March 31 2025, the Directors worked with local stakeholders who initially committed to act as a conduit to the target audience (i.e. local ex-service veterans) and to act as advisers when setting up activities for them. Despite an extensive recruitment campaign which included attendance at veterans’ events, direct contact with local employers who had signed up to the Armed Forces Covenant and a sustained online marketing campaign, only 8 veterans signed up initially and this number eventually dropped to just 3 regular attendees. The small group of 3 benefited from their involvement in the project as they developed new skills and confidence which culminated in them taking part in a community concert with a local civilian choir; this concert was intended to be the first of a series to generate income to make the project self-sustaining, and was successful inasmuch as it raised £220 to fund future activities. Despite the good publicity generated by the concert, the recruitment campaign at the start of 2025 did not bring in any new members at all. The model of the project was unsustainable with just 3 members, as there was insufficient scope to undertake the activities which would provide the new skills, health benefits and community presence which it was intended and designed to create. As a result of the minimal social impact during this period and the lack of any evidence to suggest that there was, in fact, any actual demand for the provision at this point (contrary to the findings of market research before the start) the Directors took the decision to close the project in March 2025. The Directors are now in the process of closing the CIC and are liaising with Companies House to complete the closure as soon as possible. The remaining assets will be distributed to our nominated asset-locked body which is The Royal British Legion.
Stakeholders for the project were local ex-service veterans, Veterans Co-ordinators and Champions from local authorities, local veterans organisations/clubs and employers who signed up to the Armed Forces Covenant. 1) The veterans who took part in the project were consulted regularly face-to-face about the activities of the project, and contributed ideas to develop activities and to try to reach other veterans in order to grow the project. 2) 1 local Co-Ordinator took part in the project on a regular basis and was involved in the discussions with the members, as well as attending meetings to discuss the development of the project. Other Co-ordinators were invited to join discussions and consultations but did not respond and so added no input to consultations. 3) 1 Local Authority Veterans Champion was actively involved in early discussions but was inactive from late 2024; other Champions were invited to get involved but did not respond. 4) Local veterans clubs/organisations and employers who signed up to the Armed Forces Covenant were contacted with the intentions of both raising awareness to potential new members and also building relationships to involve them in consultations. The Directors received no response at all to this exercise. The lack of interest and response to these approaches to stakeholders has been taken to be evidence that there is little/no demand for the provision of the project in the local area at this time, contrary to earlier market research findings.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
22 December 2025
And signed on behalf of the board by:
Name: Mrs J. A. Speight.
Status: Director