Be Strong Project Ltd Trustees' Report For the year ended 31 December 2022
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31/12/2022. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005.
PRINCIPAL ACTIVITIES
The principal activity of the charity in the year under review was human health activities.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered company number 07551140 (England and Wales)
Registered charity number 1148401
Registered office: Unit 1 Riverside Industrial Estate Waters Meeting Road Bolton BL18TU
Trustees: B Day S Armstrong – appointed 25/04/2020 G Seed – appointed 12/08/2021
Independent Examiner: Horridge & Lever 142 Chorley New Road Bolton BL1 4NX
STRUCTURE GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Risk Management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
OBJECTIVES AND ACTIVITES
The Be Strong Project's social mission to facilitate, encourage and support behavioural change in individuals who have become addicted to substances and have fallen into patterns of offending behaviour. It has a number of key objectives including:
-Reducing re-offending, currently two thirds of released prisoners re-offend
-
-Reducing the number of family breakdowns that imprisonment creates
-
-Improving the mental and physical health of released prisoners
-
-Increasing employment, voluntary and training opportunities
Stephanie Armstrong Trustee
- 4 -
Be Strong Project Ltd Independent Examiner’s Report For the year ended 31 December 2021
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BE STRONG PROJECT LIMITED
I report on the accounts of the company for the year ended 31/12/2022.
RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER
The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
Having satisfied myself that the charity is not subject to an audit under company law and is eligible for independent examination, it is my responsibility to:
-
examine the accounts under section 145 of the 2011 Act;
-
follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
-
state whether particular matters have come to my attention.
BASIS OF INDEPENDENT EXAMINERS STATEMENT
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a "true and fair view" and the report is limited to those matters set out in the statement below.
INDEPENDENT EXAMINERS STATEMENT
In connection with my examination, no matter has come to my attention:
-
(1) which gives me reasonable cause to believe that in any material respect the requirements:
-
to keep accounting records in accordance with section 386 of the Companies Act 2006; and
-
to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met;
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
...................................................
Date: 26/09/2023
Horridge and Lever Accountants 142 Chorley New Road Bolton BL1 4NX
- 5 -
Company Registration Number : 07551140 (England and Wales)
Be Strong Project Ltd Unaudited financial statements and annual report For the year ended 31 December 2022
For the year ended 31 December 2022
Be Strong Project Ltd Contents
| CONTENTS | PAGE |
|---|---|
| Company Information | 3 |
| Directors' Report | 4 |
| Accountant's Report | 5 |
| Income Statement | 6 |
| Statement of Financial Position | 7 |
| Notes to the Financial Statements | 8 10 |
| Detailed Income Statement | 11 |
- 2 -
Be Strong Project Ltd Company Information For the year ended 31 December 2022
| Company registration number | 07551140 (England and Wales) |
|---|---|
| Directors | Darren Armstrong |
| Barry Day | |
| Stephanie Armstrong | |
| Gram Seed | |
| Registered office address | Unit 1 Riverside Industrial Estate |
| Waters Meeting Road | |
| Bolton | |
| BL1 8TU | |
| Accountant | Horridge and Lever |
| 142 Chorley New Road | |
| Bolton | |
| BL1 4NX |
- 3 -
Be Strong Project Ltd Directors' Report
For the year ended 31 December 2022
The directors present their report and the Unaudited Financial Statements for the year ended 31 December 2022.
Principal activity
The principal activity of the company continued to be that of human health activities.
Going concern
The financial statements have been prepared on a going concern basis unless it is inappropriate to presume that the company will continue in business.
Directors of the company
The following directors held office during the whole of the period: Barry Day Darren Armstrong Gram Seed Stephanie Armstrong
Statement of directors' responsibilities
The directors are responsible for preparing the financial statements in accordance with applicable law and regulations. The trustees have adopted the provisions of the Statement of Recommended Practice(SORP) 'Accounting and Reporting by Charities' issued in March 2005.
STRUCTURE GOVERNANCE AND MANAGEMENT
Governing document The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Risk Management The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
OBJECTIVES ANDACTIVITES
The Be Strong Project's social mission to facilitate, encourage and support behavioural change in individuals who have become addicted to substances and have fallen into patterns of offending behaviour. It has a number of key objectives including:
Reducing reoffending, currently two thirds of released prisoners reoffend
Reducing the number of family breakdowns that imprisonment creates
Improving the mental and physical health of released prisoners Increasing employment, voluntary and training opportunities
Small company provisions
This report has been prepared in accordance with the special provisions for small companies within Part 15 of the Companies Act 2006.
Approved by the Board of directors and signed on its behalf by:
Darren Armstrong (Director) Date: 26 September 2023
~~- 4 -~~
Be Strong Project Ltd Accountant's report For the year ended 31 December 2022
Accountant's Report to the board of directors on the preparation of the unaudited statutory accounts of Be Strong Project Ltd for the year ended 31 December 2022.
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Be Strong Project Ltd for the year ended 31 December 2022.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on these financial statements.
You have determined that the company is exempt from the statutory requirement for an audit for this accounting year. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the directors for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
Horridge and Lever
142 Chorley New Road Bolton
BL1 4NX Date: 26 September 2023
- 5 -
Be Strong Project Ltd
Income Statement
For the year ended 31 December 2022
| Notes Turnover 4 Gross profit Selling and distribution expenses Administrative expenses Operating loss 5 Interest receivable and similar income Interest payable and similar charges 7 Loss on ordinary activities before taxation Loss for the year |
2022 £ 150,604 150,604 (16,852) (136,212) (2,459) 113 (24,108) (26,454) (26,454) |
2021 £ 140,699 |
|---|---|---|
| 140,699 (9,063) (132,078) |
||
| (442) 7 |
||
| (435) | ||
| (435) |
- 6 -
Be Strong Project Ltd Statement of Financial Position
For the year ended 31 December 2022
| Notes Fixed assets Property, plant and equipment 8 Current assets Debtors 9 Cash and cash equivalents 10 Current liabilities Creditors: Amounts falling due within one year 11 Net current assets/(liabilities) Total assets less current liabilities Noncurrent liabilities Creditors: Amounts falling due after more than one year 12 Net assets/(liabilities) Capital and reserves Retained earnings Shareholder's funds |
2022 £ 270,781 270,781 52,737 52,737 (660) (660) 52,077 322,858 (181,458) 141,400 141,400 141,400 |
2021 £ 267,794 |
|---|---|---|
| 267,794 120 79,716 |
||
| 79,836 (636) |
||
| (636) 79,200 |
||
| 346,994 (179,139) |
||
| 167,855 | ||
| 167,855 | ||
| 167,855 |
For the year ended 31 December 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A Small Entities.
Approved by the Board on 26 September 2023
............................. Darren Armstrong (Director)
Company registration number: 07551140
- 7 -
Be Strong Project Ltd Notes to the Financial Statements For the year ended 31 December 2022
(1) General Information
Be Strong Project Ltd is a private company limited by guarantee, domiciled and incorporated in England and Wales.
The principal activity of the charity in the year under review was human health activities .
Registered company number 07551140 (England and Wales)
Registered charity number 1148401
Registered office: Unit 1 Riverside Industrial Estate Waters Meeting Road Bolton England BL1 8TU Trustees: D Armstrong resigned 23/03/2020 B Day S Armstrong appointed 25/04/2020 M Bowden appointed 25/04/2020 G Seed appointed 12/08/2021
Independent Examiner: Horridge and Lever 142 Chorley New Road Bolton BL1 4NX
STRUCTURE GOVERNANCE AND MANAGEMENT
Governing document:
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Risk Management:
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
(2) Significant Accounting Policies
2a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
2b. Incoming Resources
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
2c. Resources Expended
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
2d. Allocation And Apportionment Of Costs
All costs relate to the single activity of the charitable company and are recognised accordingly.
2e. Fund Accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Designated funds are funds set aside by the trustees out of unrestricted general funds for the specific future purposes or projects.
- 8 -
Notes to the financial statements (Continued) For the year ended 31 December 2022
2f. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Motor Cars reducing balance 18% Equipment reducing balance 18% Plant and Machinery reducing balance 18%
Borrowing costs
All borrowing related costs are included within the statement of income in the period in which they are incurred using the effective interest method.
(3) Critical accounting judgements and key sources of estimation uncertainty
No judgement
No significant judgements or estimates have been made in preparation of these financial statements.
(4) Turnover
The revenue from company's operations comprise:
| Sales | 2022 £ 150,604 150,604 |
2021 £ 140,699 |
|---|---|---|
| 140,699 |
(5) Operating profit
Operating profit for the year from continuing operations has been arrived after charging:
| Depreciation of property, plant and equipment | 2022 £ 7,013 7,013 |
2021 £ 6,357 |
|---|---|---|
| 6,357 |
(6) Employees
During the year, the average number of employees including director was 0 (2021 : 0)
(7) Interest payable and similar charges
| Interest on bank loans and overdrafts angible fixed assets Cost As at 01 January 2022 Additions As at 31 December 2022 Depreciation As at 01 January 2022 For the year As at 31 December 2022 Net book value As at 31 December 2022 As at 31 December 2021 |
Land and Buildings £ 238,834 |
Plant and Machinery £ 30,000 |
Equipment £ 6,960 |
2022 £ 24,108 24,108 Motor Vehicles £ 16,800 10,000 |
2021 £ |
|
|---|---|---|---|---|---|---|
| | ||||||
| Totals £ 292,594 10,000 |
||||||
| 238,834 | 30,000 | 6,960 | 26,800 | 302,594 | ||
| |
13,459 2,977 |
3,122 691 |
8,219 3,345 |
24,800 7,013 |
||
| | 16,436 | 3,813 | 11,564 | 31,813 | ||
| 238,834 | 13,564 | 3,147 | 15,237 | 270,781 | ||
| 238,834 | 16,541 | 3,838 | 8,581 | 267,794 |
(8) Tangible fixed assets
- 9 -
Notes to the financial statements (Continued) For the year ended 31 December 2022
(9) Debtors
Amounts falling due within one year
| Trade debtors (10) Cash and cash equivalents Bank balance (11) Creditors: Amounts falling due within one year Accruals and deferred income (12) Creditors: Amounts falling due after more than one year Bank loans and overdrafts Other creditors |
2022 £ 2022 £ 52,737 52,737 2022 £ 660 660 2022 £ 164,507 16,950 181,457 |
2021 £ 120 120 2021 £ 79,716 |
|---|---|---|
| 79,716 | ||
| 2021 £ 636 |
||
| 636 | ||
| 2021 £ 158,044 21,095 |
||
| 179,139 |
(13) Transactions with directors
As per the governing document, Darren Armstrong was the only paid director during the year receiving a total of £12,500.00 for his services.
- 10 -
Be Strong Project Ltd Detailed Income Statement
For the year ended 31 December 2022
This section does not form part of the statutory accounts.
| Turnover Gross Profit Less : Selling and distribution expenses Advertising and Marketing Subsistence UK and Overseas Travel Costs Less : Administrative expenses Accountancy, Bookkeeping and Auditing Fees Bank Fees Caravan Costs Charitable Donations Depreciation of Equipment Depreciation of Motor Vehicles Depreciation of Plant and Machinery Gym Membership Insurance Legal and Professional Fees Motor Expenses Rent, Rates, Light & Heat Repairs and Renewals Sundry Expenses Telephone and Internet Training and development costs Operating loss Add : Interest receivable and similar income Bank Interest Less : Interest payable and similar charges Hire Purchase, Mortgage and Other Interest Loss on ordinary activities before taxation Net loss for the year after taxation Net loss for the year after dividends Retained profits brought forward Retained profits carried forward |
2022 £ 150,604 150,604 12 7,163 9,676 16,852 948 656 4,728 4,419 691 3,345 2,977 2,535 2,603 23,620 10,666 52,474 5,196 7,380 5,381 8,592 136,212 (2,459) 113 113 24,108 24,108 (26,454) (26,454) (26,454) 167,855 141,400 |
2021 £ 140,699 |
|---|---|---|
| 140,699 | ||
| 321 7,752 990 |
||
| 9,063 901 2,293 3,376 842 1,884 3,631 1,755 2,369 23,722 14,319 47,904 6,458 9,334 4,792 8,497 |
||
| 132,078 | ||
| (442) | ||
| 7 | ||
| 7 |
||
| | ||
| (435) | ||
| (435) | ||
| (435) | ||
| 168,290 | ||
| 167,855 |
- 11 -
Company Registration Number : 07551140 (England and Wales)
Be Strong Project Ltd Unaudited financial statements and annual report For the year ended 31 December 2022
For the year ended 31 December 2022
Be Strong Project Ltd Contents
| CONTENTS | PAGE |
|---|---|
| Company Information | 3 |
| Directors' Report | 4 |
| Accountant's Report | 5 |
| Income Statement | 6 |
| Statement of Financial Position | 7 |
| Notes to the Financial Statements | 8 10 |
| Detailed Income Statement | 11 |
- 2 -
Be Strong Project Ltd Company Information For the year ended 31 December 2022
| Company registration number | 07551140 (England and Wales) |
|---|---|
| Directors | Darren Armstrong |
| Barry Day | |
| Stephanie Armstrong | |
| Gram Seed | |
| Registered office address | Unit 1 Riverside Industrial Estate |
| Waters Meeting Road | |
| Bolton | |
| BL1 8TU | |
| Accountant | Horridge and Lever |
| 142 Chorley New Road | |
| Bolton | |
| BL1 4NX |
- 3 -
Be Strong Project Ltd Directors' Report
For the year ended 31 December 2022
The directors present their report and the Unaudited Financial Statements for the year ended 31 December 2022.
Principal activity
The principal activity of the company continued to be that of human health activities.
Going concern
The financial statements have been prepared on a going concern basis unless it is inappropriate to presume that the company will continue in business.
Directors of the company
The following directors held office during the whole of the period: Barry Day Darren Armstrong Gram Seed Stephanie Armstrong
Statement of directors' responsibilities
The directors are responsible for preparing the financial statements in accordance with applicable law and regulations. The trustees have adopted the provisions of the Statement of Recommended Practice(SORP) 'Accounting and Reporting by Charities' issued in March 2005.
STRUCTURE GOVERNANCE AND MANAGEMENT
Governing document The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Risk Management The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
OBJECTIVES ANDACTIVITES
The Be Strong Project's social mission to facilitate, encourage and support behavioural change in individuals who have become addicted to substances and have fallen into patterns of offending behaviour. It has a number of key objectives including:
Reducing reoffending, currently two thirds of released prisoners reoffend
Reducing the number of family breakdowns that imprisonment creates
Improving the mental and physical health of released prisoners Increasing employment, voluntary and training opportunities
Small company provisions
This report has been prepared in accordance with the special provisions for small companies within Part 15 of the Companies Act 2006.
Approved by the Board of directors and signed on its behalf by:
Darren Armstrong (Director) Date: 26 September 2023
~~- 4 -~~
Be Strong Project Ltd Accountant's report For the year ended 31 December 2022
Accountant's Report to the board of directors on the preparation of the unaudited statutory accounts of Be Strong Project Ltd for the year ended 31 December 2022.
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Be Strong Project Ltd for the year ended 31 December 2022.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on these financial statements.
You have determined that the company is exempt from the statutory requirement for an audit for this accounting year. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the directors for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
Horridge and Lever
142 Chorley New Road Bolton
BL1 4NX Date: 26 September 2023
- 5 -
Be Strong Project Ltd
Income Statement
For the year ended 31 December 2022
| Notes Turnover 4 Gross profit Selling and distribution expenses Administrative expenses Operating loss 5 Interest receivable and similar income Interest payable and similar charges 7 Loss on ordinary activities before taxation Loss for the year |
2022 £ 150,604 150,604 (16,852) (136,212) (2,459) 113 (24,108) (26,454) (26,454) |
2021 £ 140,699 |
|---|---|---|
| 140,699 (9,063) (132,078) |
||
| (442) 7 |
||
| (435) | ||
| (435) |
- 6 -
Be Strong Project Ltd Statement of Financial Position
For the year ended 31 December 2022
| Notes Fixed assets Property, plant and equipment 8 Current assets Debtors 9 Cash and cash equivalents 10 Current liabilities Creditors: Amounts falling due within one year 11 Net current assets/(liabilities) Total assets less current liabilities Noncurrent liabilities Creditors: Amounts falling due after more than one year 12 Net assets/(liabilities) Capital and reserves Retained earnings Shareholder's funds |
2022 £ 270,781 270,781 52,737 52,737 (660) (660) 52,077 322,858 (181,458) 141,400 141,400 141,400 |
2021 £ 267,794 |
|---|---|---|
| 267,794 120 79,716 |
||
| 79,836 (636) |
||
| (636) 79,200 |
||
| 346,994 (179,139) |
||
| 167,855 | ||
| 167,855 | ||
| 167,855 |
For the year ended 31 December 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A Small Entities.
Approved by the Board on 26 September 2023
............................. Darren Armstrong (Director)
Company registration number: 07551140
- 7 -
Be Strong Project Ltd Notes to the Financial Statements For the year ended 31 December 2022
(1) General Information
Be Strong Project Ltd is a private company limited by guarantee, domiciled and incorporated in England and Wales.
The principal activity of the charity in the year under review was human health activities .
Registered company number 07551140 (England and Wales)
Registered charity number 1148401
Registered office: Unit 1 Riverside Industrial Estate Waters Meeting Road Bolton England BL1 8TU Trustees: D Armstrong resigned 23/03/2020 B Day S Armstrong appointed 25/04/2020 M Bowden appointed 25/04/2020 G Seed appointed 12/08/2021
Independent Examiner: Horridge and Lever 142 Chorley New Road Bolton BL1 4NX
STRUCTURE GOVERNANCE AND MANAGEMENT
Governing document:
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Risk Management:
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
(2) Significant Accounting Policies
2a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
2b. Incoming Resources
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
2c. Resources Expended
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
2d. Allocation And Apportionment Of Costs
All costs relate to the single activity of the charitable company and are recognised accordingly.
2e. Fund Accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Designated funds are funds set aside by the trustees out of unrestricted general funds for the specific future purposes or projects.
- 8 -
Notes to the financial statements (Continued) For the year ended 31 December 2022
2f. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Motor Cars reducing balance 18% Equipment reducing balance 18% Plant and Machinery reducing balance 18%
Borrowing costs
All borrowing related costs are included within the statement of income in the period in which they are incurred using the effective interest method.
(3) Critical accounting judgements and key sources of estimation uncertainty
No judgement
No significant judgements or estimates have been made in preparation of these financial statements.
(4) Turnover
The revenue from company's operations comprise:
| Sales | 2022 £ 150,604 150,604 |
2021 £ 140,699 |
|---|---|---|
| 140,699 |
(5) Operating profit
Operating profit for the year from continuing operations has been arrived after charging:
| Depreciation of property, plant and equipment | 2022 £ 7,013 7,013 |
2021 £ 6,357 |
|---|---|---|
| 6,357 |
(6) Employees
During the year, the average number of employees including director was 0 (2021 : 0)
(7) Interest payable and similar charges
| Interest on bank loans and overdrafts angible fixed assets Cost As at 01 January 2022 Additions As at 31 December 2022 Depreciation As at 01 January 2022 For the year As at 31 December 2022 Net book value As at 31 December 2022 As at 31 December 2021 |
Land and Buildings £ 238,834 |
Plant and Machinery £ 30,000 |
Equipment £ 6,960 |
2022 £ 24,108 24,108 Motor Vehicles £ 16,800 10,000 |
2021 £ |
|
|---|---|---|---|---|---|---|
| | ||||||
| Totals £ 292,594 10,000 |
||||||
| 238,834 | 30,000 | 6,960 | 26,800 | 302,594 | ||
| |
13,459 2,977 |
3,122 691 |
8,219 3,345 |
24,800 7,013 |
||
| | 16,436 | 3,813 | 11,564 | 31,813 | ||
| 238,834 | 13,564 | 3,147 | 15,237 | 270,781 | ||
| 238,834 | 16,541 | 3,838 | 8,581 | 267,794 |
(8) Tangible fixed assets
- 9 -
Notes to the financial statements (Continued) For the year ended 31 December 2022
(9) Debtors
Amounts falling due within one year
| Trade debtors (10) Cash and cash equivalents Bank balance (11) Creditors: Amounts falling due within one year Accruals and deferred income (12) Creditors: Amounts falling due after more than one year Bank loans and overdrafts Other creditors |
2022 £ 2022 £ 52,737 52,737 2022 £ 660 660 2022 £ 164,507 16,950 181,457 |
2021 £ 120 120 2021 £ 79,716 |
|---|---|---|
| 79,716 | ||
| 2021 £ 636 |
||
| 636 | ||
| 2021 £ 158,044 21,095 |
||
| 179,139 |
(13) Transactions with directors
As per the governing document, Darren Armstrong was the only paid director during the year receiving a total of £12,500.00 for his services.
- 10 -
Be Strong Project Ltd Detailed Income Statement
For the year ended 31 December 2022
This section does not form part of the statutory accounts.
| Turnover Gross Profit Less : Selling and distribution expenses Advertising and Marketing Subsistence UK and Overseas Travel Costs Less : Administrative expenses Accountancy, Bookkeeping and Auditing Fees Bank Fees Caravan Costs Charitable Donations Depreciation of Equipment Depreciation of Motor Vehicles Depreciation of Plant and Machinery Gym Membership Insurance Legal and Professional Fees Motor Expenses Rent, Rates, Light & Heat Repairs and Renewals Sundry Expenses Telephone and Internet Training and development costs Operating loss Add : Interest receivable and similar income Bank Interest Less : Interest payable and similar charges Hire Purchase, Mortgage and Other Interest Loss on ordinary activities before taxation Net loss for the year after taxation Net loss for the year after dividends Retained profits brought forward Retained profits carried forward |
2022 £ 150,604 150,604 12 7,163 9,676 16,852 948 656 4,728 4,419 691 3,345 2,977 2,535 2,603 23,620 10,666 52,474 5,196 7,380 5,381 8,592 136,212 (2,459) 113 113 24,108 24,108 (26,454) (26,454) (26,454) 167,855 141,400 |
2021 £ 140,699 |
|---|---|---|
| 140,699 | ||
| 321 7,752 990 |
||
| 9,063 901 2,293 3,376 842 1,884 3,631 1,755 2,369 23,722 14,319 47,904 6,458 9,334 4,792 8,497 |
||
| 132,078 | ||
| (442) | ||
| 7 | ||
| 7 |
||
| | ||
| (435) | ||
| (435) | ||
| (435) | ||
| 168,290 | ||
| 167,855 |
- 11 -