for the Period Ended 31 May 2023
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 May 2023
Principal activities of the company
Additional information
In response to grant funding philosophy changes, the directors decided to move to a "limited by guarantee" incorporation model to ensure our grant funding sources were not reduced. As a result, at the end of May 2023, all assets and liabilities were transferred to a new company which is limited by guarantee. This transfer is nearly complete as of Dec 2023
Directors
The directors shown below have held office during the whole of the period from
1 April 2022 to 31 May 2023
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
14 months to 31 May 2023 | 2022 | |
---|---|---|
| £ | £ |
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 | 14 months to 31 May 2023 | 2022 | |
---|---|---|---|
| £ | £ | |
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 May 2023
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
for the Period Ended 31 May 2023
14 months to 31 May 2023 | 2022 | |
---|---|---|
Average number of employees during the period | | |
for the Period Ended 31 May 2023
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
---|---|---|---|---|---|---|
Cost | £ | £ | £ | £ | £ | £ |
At 1 April 2022 | | | ||||
Additions | ||||||
Disposals | ||||||
Revaluations | ||||||
Transfers | | | ||||
At 31 May 2023 | | | ||||
Depreciation | ||||||
At 1 April 2022 | | | ||||
Charge for year | | | ||||
On disposals | ||||||
Other adjustments | | | ||||
At 31 May 2023 | | | ||||
Net book value | ||||||
At 31 May 2023 | | | ||||
At 31 March 2022 | | |
for the Period Ended 31 May 2023
14 months to 31 May 2023 | 2022 | |
---|---|---|
£ | £ | |
Trade debtors | | |
Other debtors | | |
Total | | |
for the Period Ended 31 May 2023
2022 | ||
---|---|---|
£ | ||
Trade creditors | | |
Taxation and social security | | |
Other creditors | | |
Total | |
for the Period Ended 31 May 2023
TechResort has continued to deliver core activities for the benefit of our community:- Refurbished devices to be donated to people on low incomes who can't afford to buy their own devices.- Provided 1:1 coaching and support to individuals in a variety of community venues to ensure that people can access the digital services they need safely and confidently. By the end of this accounting period were seeing approximately 75 clients each month.- Gave advice, training and coaching to other community based organisations in helping their clients digitally and looking at some of their technology implementations.- provided work experience, volunteering and industrial placements for local young people from age 14 to 21 - specialising in students with additional needs in order to acclimatise to workplace requirements.- employed young people in roles in our organisation to help them make a transition to other work environments.- delivered free-to-attend workshops in our own and other community bases for children and young people in creative digital skills.
Our stakeholder consultation takes many forms:- questionnaires and inviting feedback from session attendees which provide input for aspects of our community-based sessions.- all 1:1 coaching is driven by clients' requests to us. This maximises the impact of the training to ensure they get the best benefit from our interventions with them.- Our approach with all other organisations we work with is to determine their needs from conversations with them and co-design the work we do together - this is a fundamental part of the way we work.- in this account year we also got feedback from potential funders that the CIC limited by share was not an appropriate incorporation model and this led to our decision to start the process to re-incorporate under another model. This ongoing form of consultation is vital for our continued viability and protects our work with our clients.-we started a process of working closer with our major local authorities to co-design future potential service design and delivery.
Total remuneration for directors was £27,753 - all in the form of salaries which are funded from work we're grant-funded/contracted to do.Directors who were paid salaries:- William Callaghan- Elizabeth Crew- Miles BerkeleyWilliam Callaghan ceased being a paid member of staff in November 22. Elizabeth and Miles continue to be paid for a small proportion of the work they do for TechResort.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
11 December 2023
And signed on behalf of the board by:
Name: Elizabeth Crew
Status: Director