for the Period Ended 31 January 2026
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
As at
| Notes | 2026 | 2025 | |
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£ |
£ |
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| Current assets | |||
| Cash at bank and in hand: |
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| Total current assets: |
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| Creditors: amounts falling due within one year: | 3 |
(
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(
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| Net current assets (liabilities): |
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| Total assets less current liabilities: |
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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 January 2026
Basis of measurement and preparation
for the Period Ended 31 January 2026
| 2026 | 2025 | |
|---|---|---|
| Average number of employees during the period |
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for the Period Ended 31 January 2026
| 2026 | 2025 | |
|---|---|---|
| £ | £ | |
| Accruals and deferred income |
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| Total |
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Members using KLOTH pay a small membership to enable them to borrow items. A little bit like a hire charge but we don’t charge commercial rates or try to make a profit. All the money from borrowing goes into purchasing new items, repair and maintenance of existing items, making sure that every item is safe to use and working properly along, with insurance and the costs of running the premises. KLOTH’s objectives are to provide a loan service to the local community offering good quality items, alongside this is the aim to reduce waste and allow our members to save money by borrowing items that they may only use once for a specific project. We also provide items which will enable members to learn new skills such as sewing, woodwork or jewellery making without the need to purchase expensive equipment. KLOTH is delivered through an online platform which allows members to order the items they require and arrange to collect and return on a scheduled date. We operate our library from a premises which is accessible by foot, bike, public or private transport.
Our stakeholders are our members and the wider community. Consultation is an ongoing process through online surveys, and the response to feedback has been to source items that members would like to use.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
1 October 2026
And signed on behalf of the board by:
Name: Jennifer Lawson
Status: Director