for the Period Ended 29 April 2025
| Profit and loss | |
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
for the Period Ended
| 2025 | 2024 | |
|---|---|---|
|
|
£ |
£ |
| 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): |
|
( |
| Profit(or loss) before tax: |
|
( |
| Profit(or loss) for the financial year: |
|
( |
As at
| Notes | 2025 | 2024 | |
|---|---|---|---|
|
|
£ |
£ |
|
| Fixed assets | |||
| Intangible assets: | 3 |
|
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| Total fixed assets: |
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| Current assets | |||
| Stocks: | 4 |
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| Debtors: | 5 |
|
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| Cash at bank and in hand: |
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|
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| Total current assets: |
|
|
|
| Creditors: amounts falling due within one year: | 6 |
(
|
(
|
| Net current assets (liabilities): |
( |
( |
|
| Total assets less current liabilities: |
( |
( |
|
| Total net assets (liabilities): |
( |
( |
|
| Members' funds | |||
| Profit and loss account: |
( |
( |
|
| 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 29 April 2025
Basis of measurement and preparation
for the Period Ended 29 April 2025
| 2025 | 2024 | |
|---|---|---|
| Average number of employees during the period |
|
|
for the Period Ended 29 April 2025
| Goodwill | Other | Total | |
|---|---|---|---|
| Cost | £ | £ | £ |
| At 30 April 2024 |
|
|
|
| Additions | |||
| Disposals | |||
| Revaluations | |||
| Transfers | |||
| At 29 April 2025 |
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| Amortisation | |||
| At 30 April 2024 |
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| Charge for year |
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| On disposals | |||
| Other adjustments | |||
| At 29 April 2025 |
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| Net book value | |||
| At 29 April 2025 |
|
|
|
| At 29 April 2024 |
|
|
for the Period Ended 29 April 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Stocks |
|
|
| Total |
|
|
for the Period Ended 29 April 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Trade debtors |
|
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| Total |
|
|
for the Period Ended 29 April 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Other creditors |
|
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| Total |
|
|
In the space provided below, please insert a general account of the company’s activities in the financial year to which the report relates, including a fair and accurate description of how they have benefited the community, or section of the community, which the company is intended to serve. The legacies from lockdown and Brexit are still persisting with increases in reported mental health issues in all age groups in the last 12 months. Continued Ukraine and middle east conflicts and the political situation in the USA are also causing global concern and suppressing growth by seeding uncertainty for the future. This is serving to maintain even higher energy and food costs against a backdrop of UK fiscal issues reducing capping and subsidies. Disposable income has become much reduced or gone negative with many using savings to survive. Our BBO (Building Better Opportunities) ESF/Big Lottery funded project to help young people into work which ended in March 2023 has still not been replaced with anything substantive despite there being a need for the support. Funding is being broken down into very small awards which do not create long term meaningful change in the situations they are meant to be addressing As predicted we have increased our paid sessions and online sales to help fund our support work. We continue to seek alternative larger funding from external sources but have so far been unsuccessful. We have succeeded in creating innovative sessions which attract people who, once involved, are comfortable with revealing their problems or barriers which we are able to help address or signpost them on. Our aim is still to raise people's aspirations...by delivering skills training, educational and personal development activities and events in Devon & Cornwall. This is embedded in all our activities, events and parties and impacts on everyone from babies to adults. We support and make learning fun. Proceeds from our activities are reinvested to help along with funding towards the sustainability of our activities and to try to ensure they are available to all Our stakeholders are primarily those with whom we interact both on delivery and referral. We constantly review our processes and refine activity to continue to reach out to those who need assistance.
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
18 December 2025
And signed on behalf of the board by:
Name: Alan Jones
Status: Director