Registered number 09880971 BLESSED 2 BLESS COMMUNITY PROJECT ## Report and Accounts 30 November 2023 ## **BLESSED 2 BLESS COMMUNITY PROJECT Report and accounts Contents** ||**Page**| |---|---| |Company information|1| |Directors' report|1| |Accountants' report|2| |Profit and loss account|2| |Balance sheet|3| |Statement of changes in equity|4| |Notes to the accounts|5| ## **BLESSED 2 BLESS COMMUNITY PROJECT Company Information** ## **Directors** Lebert Dawkins Janet Dawkins Susette Douglas-Johnson Martine Harris Jennifer Turner Linda Harris ## **Accountants** Business and Accountancy Assist Ltd 3 Fournier House 8 Tenby Street Birmingham B1 3AJ ## **Registered office** 21a Ablewell Street Walsall West Midlands England WS1 2EQ ## **Registered number** 09880971 1 ## **BLESSED 2 BLESS COMMUNITY PROJECT** ## **Accounts Guide** Name of Company/Charity : BLESSED 2 BLESS COMMUNITY PROJECT Charities Commission Registration number 1176055 Companay registration no 09880971 Company's Registered Address : 21a Ablewell Street, Walsall, West Midlands, England, WS1 2EQ Accounts for the year : December 01,2022 - November 30,2023 Brief statement about the Company's reserves at bank : Blessed 2 Bless Community Project have made a loss of (£8637) for the ye 30 November 2023 and the bank has a surplus of £445.34 for working capital purposes. Further Financial review Details : The Company's principal sources of funds : The main source of funding for Company this year has been donations from local people and companies. Company's main areas of expenditure : Most of the available funds are allocated to the Company's premises expenes and staff wages, volunteer expenses. Company Annual accounts made by : Independent Examiner Name of the independent examiner : Business & Accountancy Assist Ltd T Mahmood. 2 ## **BLESSED 2 BLESS COMMUNITY PROJECT Registered number: 09880971 Directors' Report** The directors present their report and accounts for the year ended 30 November 2023. ## **Principal activities** The company's principal activity during the year continued to be educational support services, other social work activities. ## **Directors** The following persons served as directors during the year: Lebert Dawkins Janet Dawkins Susette Douglas-Johnson Martine Harris Jennifer Turner Linda Harris ## **Small company provisions** This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. This report was approved by the board on 30 August 2024 and signed on its behalf. Lebert Dawkins Director 3 ## **BLESSED 2 BLESS COMMUNITY PROJECT** ## **Accountants' Report** ## **Accountants' report to the directors of BLESSED 2 BLESS COMMUNITY PROJECT** You consider that the company is exempt from an audit for the year ended 30 November 2023. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. Business and Accountancy Assist Ltd Accountants & Tax Advisors 3 Fournier House 8 Tenby Street Birmingham B1 3AJ 30 August 2024 4 ## **BLESSED 2 BLESS COMMUNITY PROJECT Profit and Loss Account for the year ended 30 November 2023** |**Income**
Direct Expenditure
**Gross Income**
Administrative expenses
**Surplus of Income Over Expenditure**
**Profit before taxation**
Tax on profit
**Profit for the financial year**|**2023**
**£**
25,858
(6,322)
19,536
(13,173)
6,363
6,363
-
6,363| |---|---| 5 **BLESSED 2 BLESS COMMUNITY PROJECT Registered number:** 09880971 **Balance Sheet as at 30 November 2023** |**Notes**
**Fixed assets**
Tangible assets
3
**Current assets**
Cash at bank and in hand
**Net current assets**
**Total assets less current**
**liabilities**
**Creditors: amounts falling due**
**after more than one year**
4
**Net liabilities**
**Capital and reserves**
General Funds
**Shareholders' funds**|445|**2023**
**£**
7,577
445
8,022
(31,456)
(23,434)
(23,434)
(23,434)| |---|---|---| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. The members have not required the company to obtain an audit in accordance with section 476 of the Act. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. Lebert Dawkins Director Approved by the board on 30 August 2024 6 ## **BLESSED 2 BLESS COMMUNITY PROJECT Statement of Movement in Funds for the year ended 30 November 2023** |**At 1 December 2022**
Surplus of Income for the Financial Year
**At 30 November 2023**|**Share**
**capital**
**£**
-
-|**Share**
**premium**
**£**
-
-|**Re-**
**valuation**
**reserve**
**£**
-
-| |---|---|---|---| 7 |**Income**
**and Expenditure**
**account**
**£**
(29,797)
6,363
(23,434)|**Total**
**£**
(29,797)
6,363
(23,434)| |---|---| 8 **BLESSED 2 BLESS COMMUNITY PROJECT Notes to the Accounts for the year ended 30 November 2023** ## **1 Accounting policies** ## _**Basis of preparation**_ The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). ## _**Turnover**_ Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. ## _**Intangible fixed assets**_ Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses. ## _**Tangible fixed assets**_ Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: Freehold buildings over 50 years Leasehold land and buildings over the lease term Plant and machinery over 5 years Fixtures, fittings, tools and equipment over 5 years ## _**Investments**_ Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account. ## _**Stocks**_ Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised. ## _**Debtors**_ Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. 9 **BLESSED 2 BLESS COMMUNITY PROJECT Notes to the Accounts for the year ended 30 November 2023** ## _**Creditors**_ Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. ## _**Taxation**_ A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted. ## _**Provisions**_ Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. ## _**Foreign currency translation**_ Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss. ## _**Leased assets**_ A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term. ## _**Pensions**_ Contributions to defined contribution plans are expensed in the period to which they relate. **2 Employees** **2023 Number** 10 0 ## **BLESSED 2 BLESS COMMUNITY PROJECT Notes to the Accounts for the year ended 30 November 2023** Average number of persons employed by the company |
**3**
**Tangible fixed assets**
**Cost**
At 1 December 2022
At 30 November 2023
**Depreciation**
At 30 November 2023
**Net book value**
At 30 November 2023
At 30 November 2022
**4**
**Creditors: amounts falling due after one year**
Other loans|**2023**
**£**
31,456|**Plant and**
**machinery**
**etc**
**£**
7,577
7,577
-
7,577
7,577| |---|---|---| ## **5 Other information** BLESSED 2 BLESS COMMUNITY PROJECT is a private company limited by shares and incorporated in England. Its registered office is: 21a Ablewell Street Walsall West Midlands England WS1 2EQ 11 ## **BLESSED 2 BLESS COMMUNITY PROJECT** ## **Detailed profit and loss account for the year ended 30 November 2023** _This schedule does not form part of the statutory accounts_ |**Income**
Direct Expenditure
**Gross Income**
Administrative expenses
**Surplus of Income Over Expenditure**
**Profit before tax**|**2023**
**£**
25,858
(6,322)
19,536
(13,173)
6,363
6,363| |---|---| 12 ## **BLESSED 2 BLESS COMMUNITY PROJECT** ## **Detailed profit and loss account for the year ended 30 November 2023** _This schedule does not form part of the statutory accounts_ |**Income**
Donations and Legacies
**Direct Expenditure**
Other direct costs
**Administrative expenses**
Employee costs:
Staff training and welfare
Travel and subsistence
Motor expenses
Premises costs:
Rates
Light and heat
General administrative expenses:
Telephone and internet
Stationery and printing
Insurance
Equipment expensed
Software
Repairs and maintenance
Legal and professional costs:
Accountancy fees
Advertising and PR
Other legal and professional|**2023**
**£**
25,858
6,322
90
106
3,115
3,311
1,140
4,324
5,464
319
146
1,506
932
65
339
3,307
751
195
145
1,091
13,173| |---|---| 13