for the Period Ended 28 February 2020
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
for the Period Ended
2020 | 2019 | |
---|---|---|
| £ | £ |
Turnover: | | |
Cost of sales: | ( | ( |
Gross profit(or loss): | ( | |
Administrative expenses: | ( | ( |
Operating profit(or loss): | ( | ( |
Profit(or loss) before tax: | ( | ( |
Profit(or loss) for the financial year: | ( | ( |
As at
Notes | 2020 | 2019 | |
---|---|---|---|
| £ | £ | |
Fixed assets | |||
Tangible assets: | 3 | | |
Total fixed assets: | | | |
Current assets | |||
Debtors: | 4 | | |
Cash at bank and in hand: | | | |
Total current assets: | | | |
Creditors: amounts falling due within one year: | 5 | ( | ( |
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 28 February 2020
Basis of measurement and preparation
Turnover policy
for the Period Ended 28 February 2020
2020 | 2019 | |
---|---|---|
Average number of employees during the period | | |
for the Period Ended 28 February 2020
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
---|---|---|---|---|---|---|
Cost | £ | £ | £ | £ | £ | £ |
At 1 March 2019 | | | ||||
Additions | | | ||||
Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 28 February 2020 | | | ||||
Depreciation | ||||||
At 1 March 2019 | ||||||
Charge for year | ||||||
On disposals | ||||||
Other adjustments | ||||||
At 28 February 2020 | ||||||
Net book value | ||||||
At 28 February 2020 | | | ||||
At 28 February 2019 | | |
for the Period Ended 28 February 2020
2020 | 2019 | |
---|---|---|
£ | £ | |
Trade debtors | | |
Total | |
for the Period Ended 28 February 2020
2020 | 2019 | |
---|---|---|
£ | £ | |
Trade creditors | | |
Other creditors | | |
Total | | |
The Margate Town Team is responsible was distributing a grant made by Mary Portas to improve the High Street in Margate, which has for many years suffered from considerable neglect and the affects of large out of town shopping complexes (Westwood Cross). This grant is now exhausted and the Town Team continue to raise funds to raise the profile of the town.We have proactively campaigned on a number of issues in the Margate area including the re-opening of two important local passageways which have been closed of a number of years and provide important accees to the High Street and the traders whose livelyhoods have been adversely affected by these closures. One of the (adjacent to the Old Cottage Public House) is an important disabled access route, from the main disabled parking spaces).The town team is also represented on the Town Deal Board and the Coastal Communities Group.Proactively marketing Margate as a place where business wants to come. Approaching artists and craftspeople to take up space in the local area.
The Town Team constantly strives to engage with all stakeholders and other interested bodies.Local Businesses in and around Margate High Street, Thanet District Council TDC, The Turner Centre Margate, Local Residents, Kent County Council KCC, Dreamland Trust.We have been actively participating the Margate Town Deal Consultation Process and the Chairman is on the main Town Deal Board.We have dedicated web site and make regular posts on both Facebook.The directors regularly meet with TDC and other stake holders as required.
The aggregate amount of emoluments paid to or receivable by directors in respect of qualifying services was £4,800.00. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed
No transfer of assets other than for full consideration
This report was approved by the board of directors on
1 May 2021
And signed on behalf of the board by:
Name: Alan Brown
Status: Director