for the Period Ended 31 August 2021
Balance sheet | |
Additional notes | |
Community Interest Report |
As at
Notes | 2021 | 2020 | |
---|---|---|---|
| £ | £ | |
Fixed assets | |||
Intangible assets: | | | |
Tangible assets: | | | |
Investments: | | | |
Total fixed assets: | | | |
Current assets | |||
Stocks: | | | |
Debtors: | | | |
Cash at bank and in hand: | | | |
Investments: | | | |
Total current assets: | | | |
Prepayments and accrued income: | | | |
Creditors: amounts falling due within one year: | | | |
Net current assets (liabilities): | | | |
Total assets less current liabilities: | | | |
Creditors: amounts falling due after more than one year: | | | |
Provision for liabilities: | | | |
Accruals and deferred income: | | | |
Total net assets (liabilities): | | | |
Members' funds | |||
Profit and loss account: | | | |
Total members' funds: | | |
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 2021
Basis of measurement and preparation
for the Period Ended 31 August 2021
2021 | 2020 | |
---|---|---|
Average number of employees during the period | | |
The community supported by the Phoenix Project has faced a challenging year with Covid.However it has continued to support the community in the following ways1. We maintained weekly contact with our young people and their parents throughout the pandemic using social media. At the time of the most recent lockdown we were running 7 zoom calls a night2. We re opened face to face sessions from September 2020 to November 2021 bringing together over 40 young people in different bubbles3. We identified those who were particularly vulnerable or needed additional activities and organised activities4. Finally we used the enthusiasm of young people to support their community- from Crocus planting for International polio day to collecting at Christmas for local charities5. We run 2 residentials in this period for over 60 young people – hence completing both the Bronze and Silver elements of their Duke of Edinburgh Award
The company stakeholders are the young people in the community it serves.The officers have lived and served this community for over 20 years.Though Covid placed restrictions on engaging stakeholders we managed to engage in discussion on a weekly basis throughout about both our actions , plans and how restrictions impacted.Both volunteers and young people were constantly asked to help us plan activities, suggest improvements and lead our way out of the pandemic.Our research led to us working with local sport clubs to deliver physical activities to help build resilience
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
16 May 2022
And signed on behalf of the board by:
Name: Mr Nicolas Charalambous
Status: Director