for the Period Ended 31 December 2019
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 December 2019
Principal activities of the company
Political and charitable donations
Directors
The directors shown below have held office during the whole of the period from
1 January 2019 to 31 December 2019
The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006
This report was approved by the board of directors on
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
2019 | 2018 | |
---|---|---|
| £ | £ |
Turnover: | | |
Cost of sales: | ( | ( |
Gross profit(or loss): | | |
Administrative expenses: | ( | ( |
Other operating income: | | |
Operating profit(or loss): | | |
Interest receivable and similar income: | | |
Interest payable and similar charges: | | |
Profit(or loss) before tax: | | |
Tax: | | |
Profit(or loss) for the financial year: | | |
As at
Notes | 2019 | 2018 | |
---|---|---|---|
| £ | £ | |
Fixed assets | |||
Intangible assets: | 3 | | |
Tangible assets: | 4 | | |
Total fixed assets: | | | |
Current assets | |||
Stocks: | 5 | | |
Debtors: | 6 | | |
Cash at bank and in hand: | | | |
Total current assets: | | | |
Creditors: amounts falling due within one year: | 7 | ( | ( |
Net current assets (liabilities): | | | |
Total assets less current liabilities: | | | |
Creditors: amounts falling due after more than one year: | 8 | ( | ( |
Total net assets (liabilities): | | | |
Capital and reserves | |||
Called up share capital: | | | |
Profit and loss account: | ( | ( | |
Total Shareholders' 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 31 December 2019
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Intangible fixed assets amortisation policy
Other accounting policies
for the Period Ended 31 December 2019
2019 | 2018 | |
---|---|---|
Average number of employees during the period | | |
for the Period Ended 31 December 2019
Goodwill | Other | Total | |
---|---|---|---|
Cost | £ | £ | £ |
At 1 January 2019 | | | |
Additions | |||
Disposals | |||
Revaluations | |||
Transfers | |||
At 31 December 2019 | | | |
Amortisation | |||
At 1 January 2019 | | | |
Charge for year | | | |
On disposals | |||
Other adjustments | |||
At 31 December 2019 | | | |
Net book value | |||
At 31 December 2019 | | | |
At 31 December 2018 | | |
for the Period Ended 31 December 2019
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
---|---|---|---|---|---|---|
Cost | £ | £ | £ | £ | £ | £ |
At 1 January 2019 | | | | |||
Additions | | | | |||
Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 31 December 2019 | | | | |||
Depreciation | ||||||
At 1 January 2019 | | | | |||
Charge for year | | | | |||
On disposals | ||||||
Other adjustments | ||||||
At 31 December 2019 | | | | |||
Net book value | ||||||
At 31 December 2019 | | | | |||
At 31 December 2018 | | | |
for the Period Ended 31 December 2019
2019 | 2018 | |
---|---|---|
£ | £ | |
Stocks | | |
Total | | |
for the Period Ended 31 December 2019
2019 | 2018 | |
---|---|---|
£ | £ | |
Trade debtors | | |
Other debtors | | |
Total | | |
for the Period Ended 31 December 2019
2019 | 2018 | |
---|---|---|
£ | £ | |
Trade creditors | | |
Taxation and social security | | |
Other creditors | | |
Total | | |
for the Period Ended 31 December 2019
2019 | 2018 | |
---|---|---|
£ | £ | |
Other creditors | | |
Total | | |
Dream Ons' purpose is to help women in the local community to achieve their personal goals. We offer training and development, helping women to build skills to gain employment and set up businesses or to enter further education. We are based in the market town of Eye in Suffolk. This is an area identified in the Suffolk community foundations report as having hidden needs associated with rural isolation.We have developed a business model whereby the surplus from the sale of our training and development services and our clothes and makeover days are used to promote Dream On and provide training and education on a free to access basis. We help the disadvantaged, those on low income and have facilities so that those of disability can receive support at our premises. We aim to help improve women's chances in life by designing bespoke training and one-to-one coaching.A positive reputation is very important to us for our service and the way we help them build confidence. We continue to build this and focus very much on helping and working in our local community.In 2019 we have further developed our makeover days to offer more to women who are supporting others and to have a big impact giving in their local community. It's a day where we say 'thank you for all that you are doing.'We supported the sheep Sculpture Art Trail in Eye . We made a significant donation to the running costs of the trail to support the blossom charity and to bring more people into the market town. This was a great success and had a very positive impact on the community.We continue to work with key partners to ensure we had value within our communities. We are an active member of the Eye business forum and have supported & resources events.Impact of COVID 19COVID-19 has had an impact on Dream On. Both our delivery of our training and we also had to close our clothing store in the immediate lockdown.We worked hard to be able to offer a home delivery from a clothing store. Whilst demand was low it's enabled us to communicate and stay connected with people within our community.We have been able to deliver some of our coaching online and virtually. Our make over days will recommence in September.We were fortunate that we received the government grant for small businesses for our facility in Eye. In addition we have had furlough funding which has helped us tooOur focus has also been on managing our cash on a daily basis.It's been a very difficult time for us and we are still navigating through. We have been successful in receiving a bounceback loan from the government and we will be investing this in the digitisation of our business to ensure that we are more resilient In the future, to enable us to meet the growing online demand and we believe it will increase the reach of our services going forward.
We largely work within East Anglia although we offer coaching and training services for organisations outside this areaBefore we start our programs and during our programs we consult regularly without attendees to ensure that they are achieving what they are looking to achieve. The midpoint review is critical . We will amend and change to ensure that goals are reached. We have feedback sessions with women have been on our programs in the past to ask their views and to talk about her life is 6 months , 1 year & 3 years on.In 2019 we have strengthened the team bringing in experience people in well-being nutrition and mental health. We spend design days looking at leads and making sure we have developed the right offerings to have the impact that is needed for the people on our programs.Our teenage work involves consultation with local schools, Community leaders, parents and the teenagers. As part of the chemistry session which is to review whether our program is suitable we discuss the needs with each future of participants to ensure that we can help each person achieve their goals.We continue to build on our work in self-confidence and self-esteem. Not only working with our local hospitals but through the successful tour of the UK OVO energy women's cycle tour of Britain community partner.Networks and continuing to build our community of contacts is very important to us we work with the leaders of the mix in Stowmarket, the local community church leaders, local schools, local councillors and other community-based organisations. It's important for us to understand the needs but also understand what our role is in helping support the needs of those within the community.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
21 September 2020
And signed on behalf of the board by:
Name: Bridget McIntyre
Status: Director