for the Period Ended 31 August 2025
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
As at
| Notes | 2025 | 2024 | |
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£ |
£ |
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| Fixed assets | |||
| Intangible assets: |
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| Tangible assets: | 3 |
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| Investments: |
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| Total fixed assets: |
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| Current assets | |||
| Stocks: | 4 |
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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: | 5 |
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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: |
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The notes form part of these financial statements
The directors have chosen not to file a copy of the company's profit and loss account.
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 August 2025
Basis of measurement and preparation
for the Period Ended 31 August 2025
| 2025 | 2024 | |
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| Average number of employees during the period |
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for the Period Ended 31 August 2025
| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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| Cost | £ | £ | £ | £ | £ | £ |
| At 1 September 2024 |
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| Additions |
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| Disposals |
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| Revaluations |
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| Transfers |
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| At 31 August 2025 |
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| Depreciation | ||||||
| At 1 September 2024 |
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| Charge for year |
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| On disposals |
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| Other adjustments |
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| At 31 August 2025 |
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| Net book value | ||||||
| At 31 August 2025 |
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| At 31 August 2024 |
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for the Period Ended 31 August 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Stocks |
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| Payments on account |
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| Total |
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for the Period Ended 31 August 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| 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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Reacher’s Hub CIC was dormant until started on May, 2025 when we opened a community interest shop in 100B Sale Road, M23 0BX and in May 2025, Reacher’s hub community shop sell both used and new items at affordable price. By selling clothes at low prices, Reacher’s Hub CIC helps individuals and families access essential items they may otherwise struggle to afford. This reduces financial pressure, promotes dignity, and ensures that people can meet basic needs without stigma. Affordable clothing also supports social inclusion, helping community members feel confident and presentable for work, education, and social activities. Through community shop, the money made from the sales was invested in Reacher’s Hub Academy. Reacher’s Academy aims to tackle unemployment and skills gaps by offering employment support through online courses on Health and Social care, Business skills and health and safety. This makes learning accessible to people who may face barriers such as childcare responsibilities, health issues, limited transport, or lack of confidence. Gaining new skills improves employability, increases income potential, and supports long-term independence. This is a new project which we are still working and improving day by day and it has supported 5 people so far We also provide life and spiritual counselling services which addressing emotional, mental, and personal challenges that often sit behind unemployment and financial difficulty. This support helps individuals build resilience, self-esteem, and clarity of purpose, reducing isolation and improving mental wellbeing. Reacher’s has provided counselling for approximately 77 people For the 4 Months we have been trading, these projects create a wraparound support system that meets immediate needs while empowering people to improve their future prospects. Reacher’s Hub CIC contributes to a stronger, more resilient community by reducing poverty, supporting personal growth, increasing employability, and fostering hope and social connection.
No consultation with stakeholders
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
1 January 2026
And signed on behalf of the board by:
Name: Cleotilda Mwaisaka
Status: Director