for the Period Ended 31 March 2022
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
for the Period Ended
2022 | 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 | 2022 | 2021 | |
---|---|---|---|
| £ | £ | |
Called up share capital not paid: | | | |
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): | | | |
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 March 2022
Basis of measurement and preparation
Tangible fixed assets depreciation policy
Other accounting policies
for the Period Ended 31 March 2022
2022 | 2021 | |
---|---|---|
Average number of employees during the period | | |
for the Period Ended 31 March 2022
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
---|---|---|---|---|---|---|
Cost | £ | £ | £ | £ | £ | £ |
At 1 April 2021 | | | ||||
Additions | ||||||
Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 31 March 2022 | | | ||||
Depreciation | ||||||
At 1 April 2021 | | | ||||
Charge for year | | | ||||
On disposals | ||||||
Other adjustments | ||||||
At 31 March 2022 | | | ||||
Net book value | ||||||
At 31 March 2022 | | | ||||
At 31 March 2021 | | |
for the Period Ended 31 March 2022
2022 | 2021 | |
---|---|---|
£ | £ | |
Trade debtors | | |
Total | | |
for the Period Ended 31 March 2022
2022 | 2021 | |
---|---|---|
£ | £ | |
Trade creditors | | |
Taxation and social security | | |
Other creditors | | |
Total | | |
for the Period Ended 31 March 2022
The continued pandemic conditions prevailed and we maintained our work in addressing the inequalities caused by digital exclusion in our community:- continuing to collect and repurpose devices to be passed on to members of the community in need of them for essential services.- coaching and giving advice to members of the community who needed help to access online services.We secured grant funding which enabled us to increase this work as well as a number of commercial contracts in the public and third sector where the need was highest and skill level lowest. All this increased our reach to people and support organisations needing our help.We also worked on three significant commercial contracts related to digital skills which allowed us to replenish our reserves, and to move premises from the FE college to a dedicated base in a deprived ward near the centre of Eastbourne.Since then we have started working with local residents with a variety of needs - from basic digital skills through to activities for enrichment.At the very end of the financial year we managed to restart free workshops for children and young people in digital and creative skills. For several of the children, it was their first foray into social spaces again.
Our new base is a shop unit with a wide, open view from the street. The street itself is currently mostly comprised of social housing, temporary/hostel accommodation.The footfall to us has increased markedly and we've had a lot of conversations with hyper local residents - many of whom are in insecure accommodation and have some forms of social and/or digital inclusion.Conversations with these neighbours are driving our planned activities.We also have consulted with local public and third sector organisations to determine the needs of their core client base and how we can help address their needs. Organisation such as those dealing with homelessness, asylum seekers, young people in the care system, people suffering from financial exclusion and those at risk of being drawn into crime.We also continue to contribute to national panels on various aspects of digital exclusion and lack of higher level digital skills.
As always, directors' remuneration is derived from specific inclusion in funding/commercial contract bids. Where the directors' input is essential to ensuring the success of the projects.Directors are not remunerated for their statutory obligations as directors of the company.Remuneration for 21/22 has all been in the form of salary.Elizabeth Crew - £14,784Miles Berkley - £192William Callaghan - £10,844 + 3% pension contributions
No transfer of assets other than for full consideration
This report was approved by the board of directors on
30 April 2022
And signed on behalf of the board by:
Name: Elizabeth Crew
Status: Director