for the Period Ended 28 February 2021
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 28 February 2021
Directors
The directors shown below have held office during the whole of the period from
27 February 2020 to 28 February 2021
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
2021 | ||
---|---|---|
| £ | |
Turnover: | | |
Cost of sales: | ( | |
Gross profit(or loss): | | |
Administrative expenses: | ( | |
Other operating income: | | |
Operating profit(or loss): | | |
Profit(or loss) before tax: | | |
Tax: | ( | |
Profit(or loss) for the financial year: | |
As at
Notes | 2021 | ||
---|---|---|---|
| £ | ||
Fixed assets | |||
Tangible assets: | 3 | | |
Total fixed assets: | | ||
Current assets | |||
Cash at bank and in hand: | | ||
Total current assets: | | ||
Creditors: amounts falling due within one year: | 4 | ( | |
Net current assets (liabilities): | | ||
Total assets less current liabilities: | | ||
Provision for 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 2021
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Other accounting policies
for the Period Ended 28 February 2021
2021 | ||
---|---|---|
Average number of employees during the period | |
for the Period Ended 28 February 2021
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
---|---|---|---|---|---|---|
Cost | £ | £ | £ | £ | £ | £ |
Additions | | | ||||
Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 28 February 2021 | | | ||||
Depreciation | ||||||
Charge for year | | | ||||
On disposals | ||||||
Other adjustments | ||||||
At 28 February 2021 | | | ||||
Net book value | ||||||
At 28 February 2021 | | |
for the Period Ended 28 February 2021
2021 | ||
---|---|---|
£ | ||
Taxation and social security | | |
Other creditors | | |
Total | |
During the financial year we have been largely focusing on the recovery from COVID-19 and bringing our pupils back into an indoor group based teaching session. We have begun to refill our working week with a variety of sessions targeted at all of our usual groups and finding new ways to get more new recruits to the club.We have recommenced our outreach program to local schools and other interested community groups to see if we can find more young children they would like to join our group.The damage caused to our learning style by COVID-19 cannot be underestimated and it has taken a great deal of effort by the stakeholders, staff, students and parents to get us back to where we want to be.We have had great success at some recent competitions with some of our students reaching national standard.Our community engagement program, where we do demonstrations and hold stalls at local events, has been non-existent in the last year largely due to COVID-19 and those events simply not taking place. However we are delighted to see that many local authorities schools and other establishments are restarting their programs from late spring of the coming year and we will endeavour to have a presence at as many of these as possible.Due to the success of some of our students we have also seen an increase in press coverage and social media activity which will help us reach more children that would benefit from the structured learning and supportive environment of Area 51. Whilst COVID-19 has made it hard for our communities to benefit from our activities we have had some successes in getting pupils from various groups back into the structured learning that Area 51 offers. We have also seen an increase in engagement from all schools which we hope to capitalise on in 2022/23.
Stakeholders make up our board of directors and are actively involved with all day-to-day activities and decision making throughout the year.We have actively consulted with our local authorities and funding groups to see whether or not additional funds have been made available for the coming year.Regrettably funding was non-existent for the last financial year due to the Covid restrictions and the inability of the club to function during lockdowns.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
25 February 2022
And signed on behalf of the board by:
Name: Mrs K Adamson-McMinn
Status: Director